# EDGAR Filing Document

**Accession Number:** 0000277751
**File Stem:** 0001145549-25-057281
**Filing Date:** 2025-8
**Character Count:** 482616
**Document Hash:** eea55a3a9aa8d6d2552af6c16fce1fd3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-057281.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001145549-25-057281

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250829

**DATE AS OF CHANGE**: 20250829

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JANUS INVESTMENT FUND
- **CENTRAL INDEX KEY:** 0000277751

**ORGANIZATION NAME:**
- **EIN:** 840592523
- **STATE OF INCORPORATION:** MA

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-01879
- **FILM NUMBER:** 251279142

**BUSINESS ADDRESS:**
- **STREET 1:** 151 DETROIT STREET
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80206
- **BUSINESS PHONE:** 303-333-3863

**MAIL ADDRESS:**
- **STREET 1:** 151 DETROIT STREET
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80206

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** JANUS FUND /MD/
- **DATE OF NAME CHANGE:** 19870701

## Series and Classes Contracts Data

### Janus Henderson Balanced Fund (Series ID: S000010464)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000028918 | Class T      | JABAX           |
| C000077650 | Class A      | JDBAX           |
| C000077651 | Class C      | JABCX           |
| C000077652 | Class I      | JBALX           |
| C000077653 | Class R      | JDBRX           |
| C000077654 | Class S      | JABRX           |
| C000083512 | Class D      | JANBX           |
| C000114869 | Class N      | JABNX           |

## Nport-Ex

**Janus Henderson Balanced Fund**

**Schedule of Investments (unaudited)**

**June 30, 2025**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
|  | *Shares or* <br>*Principal Amounts*<br>| *Value* |
| Asset-Backed/Commercial Mortgage-Backed Securities – 10.9% |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 208 Park Avenue Mortgage Trust 2017-280P, CME Term SOFR 1 Month + <br> 1.1800%, 5.4920%, 9/15/34<sup>ž,</sup><sup>‡</sup> <br>| $11417538 | $11310612 |
| &nbsp;&nbsp;&nbsp; A&D Mortgage Trust 2024-NQM5 A1, 5.6990%, 11/25/69<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 8916700 | &nbsp;&nbsp;&nbsp;&nbsp; 8930296 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ALA Trust 2025-OANA A, CME Term SOFR 1 Month + 1.7426%, 6.0426%, <br> 6/15/40<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 40760000 | &nbsp;&nbsp; 40909565 |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust I LLC 2019-5, 2.5930%, 10/25/49<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 503517 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 495297 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust I LLC 2019-6, Refinitiv USD IBOR Consumer Cash <br> Fallbacks 1 Year + 0.9500%, 2.6200%, 11/25/59<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 1530509 | &nbsp;&nbsp;&nbsp;&nbsp; 1494983 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust I LLC 2020-3, Refinitiv USD IBOR Consumer Cash <br> Fallbacks 1 Year + 1.0000%, 2.4100%, 4/25/65<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 1792761 | &nbsp;&nbsp;&nbsp;&nbsp; 1705637 |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust I LLC 2024-3 A1, 4.8000%, 11/26/68<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 3916330 | &nbsp;&nbsp;&nbsp;&nbsp; 3880783 |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust I LLC 2024-5 A1, 4.9500%, 7/25/68<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 23031384 | &nbsp;&nbsp; 22858772 |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust I LLC 2024-6 A1, 4.6500%, 11/25/67<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 25378954 | &nbsp;&nbsp; 25015903 |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust I LLC 2025-6 A1, 5.5150%, 4/25/70<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 18633063 | &nbsp;&nbsp; 18685634 |
| &nbsp;&nbsp;&nbsp; Aqua Finance Trust 2021-A A, 1.5400%, 7/17/46<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 2280925 | &nbsp;&nbsp;&nbsp;&nbsp; 2097225 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ARES CLO Ltd 2019-53A A1R, CME Term SOFR 3 Month + 1.2800%, 5.5552%, <br> 10/24/36<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 29842000 | &nbsp;&nbsp; 29910729 |
| &nbsp;&nbsp;&nbsp; Arivo Acceptance Auto Loan Receivables 2022-1A A, 3.9300%, 5/15/28<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 480435 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 479548 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Babson CLO Ltd LP-5A A, CME Term SOFR 3 Month + 1.2200%, 5.4895%, <br> 1/22/35<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 24995203 | &nbsp;&nbsp; 25058661 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ballyrock Ltd 2020-14A A1BR, CME Term SOFR 3 Month + 1.5800%, 5.8495%, <br> 7/20/37<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 5292308 | &nbsp;&nbsp;&nbsp;&nbsp; 5315725 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BAMLL Commercial Mortgage Securities Trust 2024-FRR2 E, 1.2731%, <br> 7/27/50<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 6911000 | &nbsp;&nbsp;&nbsp;&nbsp; 5702612 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BAMLL Commercial Mortgage Securities Trust 2024-FRR3 E, 0.4931%, <br> 1/27/50<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 9329952 | &nbsp;&nbsp;&nbsp;&nbsp; 8164965 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BAMLL Commercial Mortgage Securities Trust 2024-FRR4 E, 1.5072%, <br> 11/27/48<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 2077000 | &nbsp;&nbsp;&nbsp;&nbsp; 1994555 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BAMLL Commercial Mortgage Securities Trust 2024-FRR4 F, 1.4144%, <br> 11/27/48<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 4286000 | &nbsp;&nbsp;&nbsp;&nbsp; 4092340 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bayview Opportunity Master Fund 2021-5 AF, US 30 Day Average SOFR + <br> 0.8500%, 5.0000%, 11/25/51<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 13179047 | &nbsp;&nbsp; 12145838 |
| &nbsp;&nbsp;&nbsp; Bayview Opportunity Master Fund 2022-2 A1, 3.0000%, 12/25/51<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 10219023 | &nbsp;&nbsp;&nbsp;&nbsp; 8671996 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Benefit Street Partners CLO Ltd 2018-15A A1R, CME Term SOFR 3 Month + <br> 1.3900%, 5.6461%, 7/15/37<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 36066000 | &nbsp;&nbsp; 36176394 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BLP Commercial Mortgage Trust 2025-IND A, CME Term SOFR 1 Month + <br> 1.2000%, 5.5118%, 3/15/42<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 25528000 | &nbsp;&nbsp; 25428838 |
| &nbsp;&nbsp;&nbsp; BPR Trust 2023-BRK2 A, 7.1465%, 10/5/38<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 20831000 | &nbsp;&nbsp; 22025097 |
| &nbsp;&nbsp;&nbsp; BPR Trust 2024-PMDW A, 5.3580%, 11/5/41<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 28442928 | &nbsp;&nbsp; 28846033 |
| &nbsp;&nbsp;&nbsp; BPR Trust 2024-PMDW D, 5.8500%, 11/5/41<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 11000000 | &nbsp;&nbsp; 10681045 |
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2019-OC11, 3.6050%, 12/9/41<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 2965000 | &nbsp;&nbsp;&nbsp;&nbsp; 2789731 |
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2019-OC11, 3.8560%, 12/9/41<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 8218000 | &nbsp;&nbsp;&nbsp;&nbsp; 7732197 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2021-LBA AJV, CME Term SOFR 1 Month + <br> 0.9145%, 5.2265%, 2/15/36<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 18764000 | &nbsp;&nbsp; 18731212 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2021-LBA AV, CME Term SOFR 1 Month + <br> 0.9145%, 5.2265%, 2/15/36<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 14912300 | &nbsp;&nbsp; 14895189 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2021-VOLT B, CME Term SOFR 1 Month + <br> 1.0645%, 5.3762%, 9/15/36<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 15447964 | &nbsp;&nbsp; 15387333 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2021-VOLT D, CME Term SOFR 1 Month + <br> 1.7645%, 6.0762%, 9/15/36<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 16171679 | &nbsp;&nbsp; 16053012 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2022-FOX2 A2, CME Term SOFR 1 Month + <br> 0.7492%, 5.0610%, 4/15/39<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 13024636 | &nbsp;&nbsp; 13007533 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2023-VLT3 A, CME Term SOFR 1 Month + <br> 1.9400%, 6.2518%, 11/15/28<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 18578211 | &nbsp;&nbsp; 18578169 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2023-VLT3 B, CME Term SOFR 1 Month + <br> 2.6890%, 7.0008%, 11/15/28<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 15919610 | &nbsp;&nbsp; 15919325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2024-AIR2 A, CME Term SOFR 1 Month + <br> 1.4923%, 5.8043%, 10/15/41<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 26045578 | &nbsp;&nbsp; 26075428 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2024-AIRC C, CME Term SOFR 1 Month + <br> 2.5900%, 6.9017%, 8/15/39<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 11245786 | &nbsp;&nbsp; 11264209 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2024-BRBK A, CME Term SOFR 1 Month + <br> 2.8796%, 7.1933%, 10/15/41<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 29782657 | &nbsp;&nbsp; 29970453 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2024-GPA3 A, CME Term SOFR 1 Month + <br> 1.2928%, 5.6046%, 12/15/39<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 16294394 | &nbsp;&nbsp; 16308596 |

---

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---

| | | |
|:---|:---|:---|
|  | *Shares or*<br> *Principal Amounts*<br>| *Value* |
| Asset-Backed/Commercial Mortgage-Backed Securities – (continued) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2024-GPA3 B, CME Term SOFR 1 Month + <br> 1.6423%, 5.9541%, 12/15/39<sup>ž,</sup><sup>‡</sup> <br>| $11257257 | $11266809 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2024-VLT4 A, CME Term SOFR 1 Month + <br> 1.4914%, 5.8032%, 7/15/29<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 24841746 | &nbsp;&nbsp; 24836616 |
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2024-VLT5 A, 5.5908%, 11/13/46<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 33959000 | &nbsp;&nbsp; 34244058 |
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2024-VLT5 B, 5.9949%, 11/13/46<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 7887000 | &nbsp;&nbsp;&nbsp;&nbsp; 8026191 |
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2024-VLT5 C, 6.3984%, 11/13/46<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 4221000 | &nbsp;&nbsp;&nbsp;&nbsp; 4318715 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2025-DIME A, CME Term SOFR 1 Month + <br> 1.1500%, 5.4787%, 2/15/35<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 25165000 | &nbsp;&nbsp; 25068622 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2025-GW A, CME Term SOFR 1 Month + <br> 1.6000%, 5.9419%, 7/15/42<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 23236000 | &nbsp;&nbsp; 23261336 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2025-ROIC A, CME Term SOFR 1 Month + <br> 1.1438%, 5.4556%, 3/15/30<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 31970000 | &nbsp;&nbsp; 31770694 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2025-ROIC B, CME Term SOFR 1 Month + <br> 1.3935%, 5.7052%, 3/15/30<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 6996000 | &nbsp;&nbsp;&nbsp;&nbsp; 6943921 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2025-SPOT A, CME Term SOFR 1 Month + <br> 1.4434%, 5.7551%, 4/15/40<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 12661000 | &nbsp;&nbsp; 12649086 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BXHPP Trust 2021-FILM A, CME Term SOFR 1 Month + 0.7645%, 5.0765%, <br> 8/15/36<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 5993000 | &nbsp;&nbsp;&nbsp;&nbsp; 5739830 |
| &nbsp;&nbsp;&nbsp; BXP Trust 2017-GM, 3.3790%, 6/13/39<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 4190000 | &nbsp;&nbsp;&nbsp;&nbsp; 4042286 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CART 2024-DFW1 A, CME Term SOFR 1 Month + 1.6417%, 5.9535%, <br> 8/15/41<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 17061000 | &nbsp;&nbsp; 17038463 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CART 2024-DFW1 B, CME Term SOFR 1 Month + 2.2908%, 6.6026%, <br> 8/15/41<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 12544811 | &nbsp;&nbsp; 12711432 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CBAM CLO Management 2019-11RA A1, CME Term SOFR 3 Month + 1.4416%, <br> 5.7111%, 1/22/35<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 16984000 | &nbsp;&nbsp; 17012983 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CBAM CLO Management 2019-11RA B, CME Term SOFR 3 Month + 2.0116%, <br> 6.2811%, 1/22/35<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 6819244 | &nbsp;&nbsp;&nbsp;&nbsp; 6832895 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CENT Trust 2023-CITY A, CME Term SOFR 1 Month + 2.6200%, 6.9318%, <br> 9/15/38<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 21107000 | &nbsp;&nbsp; 21126012 |
| &nbsp;&nbsp;&nbsp; CF Hippolyta Issuer LLC 2020-1 A1, 1.6900%, 7/15/60<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 8588260 | &nbsp;&nbsp;&nbsp;&nbsp; 8499433 |
| &nbsp;&nbsp;&nbsp; CF Hippolyta Issuer LLC 2020-1 B1, 2.2800%, 7/15/60<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 818501 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 816795 |
| &nbsp;&nbsp;&nbsp; CF Hippolyta Issuer LLC 2021-1A A1, 1.5300%, 3/15/61<sup>ž</sup> <br>| &nbsp;&nbsp; 15867990 | &nbsp;&nbsp; 15295870 |
| &nbsp;&nbsp;&nbsp; CF Hippolyta Issuer LLC 2021-1A B1, 1.9800%, 3/15/61<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 5992082 | &nbsp;&nbsp;&nbsp;&nbsp; 5629038 |
| &nbsp;&nbsp;&nbsp; CF Hippolyta Issuer LLC 2022-1A A1, 5.9700%, 8/15/62<sup>ž</sup> <br>| &nbsp;&nbsp; 17592148 | &nbsp;&nbsp; 17646173 |
| &nbsp;&nbsp;&nbsp; CF Hippolyta Issuer LLC 2022-1A A2, 6.1100%, 8/15/62<sup>ž</sup> <br>| &nbsp;&nbsp; 49846356 | &nbsp;&nbsp; 49957483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chase Mortgage Finance Corp 2021-CL1 M1, US 30 Day Average SOFR + <br> 1.2000%, 5.5052%, 2/25/50<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 12859481 | &nbsp;&nbsp; 12626532 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CIFC Funding Ltd 2018-3A A, CME Term SOFR 3 Month + 1.3616%, 5.6311%, <br> 7/18/31<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 6807479 | &nbsp;&nbsp;&nbsp;&nbsp; 6816700 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CIFC Funding Ltd 2021-7A B, CME Term SOFR 3 Month + 1.8616%, 6.1410%, <br> 1/23/35<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 5524216 | &nbsp;&nbsp;&nbsp;&nbsp; 5538636 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; COLT Funding LLC 2020-3, Refinitiv USD IBOR Consumer Cash Fallbacks 1 <br> Year + 1.2000%, 1.5060%, 4/27/65<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 326530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 317619 |
| &nbsp;&nbsp;&nbsp; Compass Datacenters Issuer II LLC 2025-1A A1, 5.3160%, 5/25/50<sup>ž</sup> <br>| &nbsp;&nbsp; 40120000 | &nbsp;&nbsp; 40692127 |
| &nbsp;&nbsp;&nbsp; Compass Datacenters Issuer III LLC 2025-1A A2, 5.6560%, 2/25/50<sup>ž</sup> <br>| &nbsp;&nbsp; 21257000 | &nbsp;&nbsp; 21540527 |
| &nbsp;&nbsp;&nbsp; Compass Datacenters Issuer III LLC 2025-2A A2, 5.8350%, 2/25/50<sup>ž</sup> <br>| &nbsp;&nbsp; 13235000 | &nbsp;&nbsp; 13349849 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust 2021-R02 2M2, US 30 Day Average SOFR <br> + 2.0000%, 6.3052%, 11/25/41<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 32457527 | &nbsp;&nbsp; 32680466 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust 2021-R03 1M2, US 30 Day Average SOFR <br> + 1.6500%, 5.9552%, 12/25/41<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 11430000 | &nbsp;&nbsp; 11491576 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust 2022-R02 2M2, US 30 Day Average SOFR <br> + 3.0000%, 7.3052%, 1/27/42<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 12368000 | &nbsp;&nbsp; 12650007 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust 2022-R05 2M1, US 30 Day Average SOFR <br> + 1.9000%, 6.2052%, 4/25/42<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 3725664 | &nbsp;&nbsp;&nbsp;&nbsp; 3741556 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust 2022-R05 2M2, US 30 Day Average SOFR <br> + 3.0000%, 7.3052%, 4/25/42<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 9001000 | &nbsp;&nbsp;&nbsp;&nbsp; 9251293 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust 2022-R09 2M1, US 30 Day Average SOFR <br> + 2.5000%, 6.8062%, 9/25/42<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 10453980 | &nbsp;&nbsp; 10623857 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust 2023-R04 1M1, US 30 Day Average SOFR <br> + 2.3000%, 6.6062%, 5/25/43<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 10202386 | &nbsp;&nbsp; 10415998 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust 2023-R06 1M1, US 30 Day Average SOFR <br> + 1.7000%, 6.0052%, 7/27/43<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 7533142 | &nbsp;&nbsp;&nbsp;&nbsp; 7577926 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust 2023-R07 2M1, US 30 Day Average SOFR <br> + 1.9500%, 6.2562%, 9/25/43<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 3386774 | &nbsp;&nbsp;&nbsp;&nbsp; 3413809 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust 2023-R08 1M1, US 30 Day Average SOFR <br> + 1.5000%, 5.8052%, 10/26/43<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 6675108 | &nbsp;&nbsp;&nbsp;&nbsp; 6696138 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust 2024-R01 1M1, US 30 Day Average SOFR <br> + 1.0500%, 5.3552%, 1/25/44<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 6571330 | &nbsp;&nbsp;&nbsp;&nbsp; 6568266 |

---

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---

| | | |
|:---|:---|:---|
|  | *Shares or*<br> *Principal Amounts*<br>| *Value* |
| Asset-Backed/Commercial Mortgage-Backed Securities – (continued) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust 2024-R03 2M1, US 30 Day Average SOFR <br> + 1.1500%, 5.4562%, 3/25/44<sup>ž,</sup><sup>‡</sup> <br>| $4325943 | $4326802 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust 2024-R04 1M1, US 30 Day Average SOFR <br> + 1.1000%, 5.4052%, 5/25/44<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 5646293 | &nbsp;&nbsp; 5645506 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust 2024-R05 2M1, US 30 Day Average SOFR <br> + 1.0000%, 5.3052%, 7/25/44<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 3598261 | &nbsp;&nbsp; 3595740 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust 2025-R01 1M1, US 30 Day Average SOFR <br> + 1.1000%, 5.4062%, 1/25/45<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 4167095 | &nbsp;&nbsp; 4169358 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust 2025-R02 1M1, US 30 Day Average SOFR <br> + 1.1500%, 5.4562%, 2/27/45<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 7971173 | &nbsp;&nbsp; 7978920 |
| &nbsp;&nbsp;&nbsp; COOPR Residential Mortgage Trust 2025-CES2 A1A, 5.5020%, 6/25/60<sup>ž,</sup><sup>‡</sup> <br>| 14559000 | 14631716 |
| &nbsp;&nbsp;&nbsp; CPF IV LLC / CP EF Asset Securitization LLC 2023-1A A, 7.4800%, 3/15/32<sup>ž</sup> <br>| &nbsp;&nbsp; 4084726 | &nbsp;&nbsp; 4123713 |
| &nbsp;&nbsp;&nbsp; CRB Securitization Trust 2023-1 A, 6.9600%, 10/20/33<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 672120 | &nbsp;&nbsp;&nbsp;&nbsp; 674078 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Croton Park CLO Ltd, CME Term SOFR 3 Month + 1.5600%, 5.8161%, <br> 10/15/36<sup>ž,</sup><sup>‡</sup> <br>| 16432000 | 16456640 |
| &nbsp;&nbsp;&nbsp; CyrusOne Data Centers Issuer I LLC 2023-1A B, 5.4500%, 4/20/48<sup>ž</sup> <br>| &nbsp;&nbsp; 4334348 | &nbsp;&nbsp; 4302939 |
| &nbsp;&nbsp;&nbsp; CyrusOne Data Centers Issuer I LLC 2023-2A A2, 5.5600%, 11/20/48<sup>ž</sup> <br>| &nbsp;&nbsp; 4357481 | &nbsp;&nbsp; 4412750 |
| &nbsp;&nbsp;&nbsp; CyrusOne Data Centers Issuer I LLC 2024-1A A2, 4.7600%, 3/22/49<sup>ž</sup> <br>| &nbsp;&nbsp; 9636018 | &nbsp;&nbsp; 9496633 |
| &nbsp;&nbsp;&nbsp; CyrusOne Data Centers Issuer I LLC 2024-2A A2, 4.5000%, 5/20/49<sup>ž</sup> <br>| &nbsp;&nbsp; 3413000 | &nbsp;&nbsp; 3323936 |
| &nbsp;&nbsp;&nbsp; CyrusOne Data Centers Issuer I LLC 2024-3A A2, 4.6500%, 5/20/49<sup>ž</sup> <br>| 33334000 | 31847540 |
| &nbsp;&nbsp;&nbsp; DATA Mortgage Trust 2024-CTR2 A, 5.4756%, 5/10/46<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 6852820 | &nbsp;&nbsp; 6864682 |
| &nbsp;&nbsp;&nbsp; DB Master Finance LLC 2021-1A A23, 2.7910%, 11/20/51<sup>ž</sup> <br>| &nbsp;&nbsp; 3576290 | &nbsp;&nbsp; 3114517 |
| &nbsp;&nbsp;&nbsp; DB Master Finance LLC 2021-1A A2II, 2.4930%, 11/20/51<sup>ž</sup> <br>| &nbsp;&nbsp; 4698585 | &nbsp;&nbsp; 4341781 |
| &nbsp;&nbsp;&nbsp; Diamond Infrastructure Funding LLC 2021-1A A, 1.7600%, 4/15/49<sup>ž</sup> <br>| 17354000 | 16510158 |
| &nbsp;&nbsp;&nbsp; Ellington Financial Mortgage Trust 2025-CES1 A1A, 5.7260%, 1/25/60<sup>ž,</sup><sup>Ç</sup> <br>| 11145432 | 11243184 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Elmwood CLO X Ltd 2021-3A AR2, CME Term SOFR 3 Month + 1.3000%, <br> 5.5577%, 7/20/38<sup>ž,</sup><sup>‡</sup> <br>| 24120000 | 24120000 |
| &nbsp;&nbsp;&nbsp; Exeter Automobile Receivables Trust 2021-1A D, 1.0800%, 11/16/26 | &nbsp;&nbsp;&nbsp;&nbsp; 235521 | &nbsp;&nbsp;&nbsp;&nbsp; 235152 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Extended Stay America Trust 2021-ESH A, CME Term SOFR 1 Month + <br> 1.1945%, 5.5065%, 7/15/38<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 7804465 | &nbsp;&nbsp; 7801780 |
| &nbsp;&nbsp;&nbsp; Fannie Mae REMICS 2018-27 EA, 3.0000%, 5/25/48 | &nbsp;&nbsp; 6021492 | &nbsp;&nbsp; 5424727 |
| &nbsp;&nbsp;&nbsp; Fannie Mae REMICS 2019-71 P, 3.0000%, 11/25/49 | &nbsp;&nbsp; 8404402 | &nbsp;&nbsp; 7530329 |
| &nbsp;&nbsp;&nbsp; FIGRE Trust 2024-HE1 A, 6.1650%, 3/25/54<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 9132711 | &nbsp;&nbsp; 9287890 |
| &nbsp;&nbsp;&nbsp; FIGRE Trust 2024-HE2 A, 6.3800%, 5/25/54<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 8730437 | &nbsp;&nbsp; 8889537 |
| &nbsp;&nbsp;&nbsp; FIGRE Trust 2024-HE3 A, 5.9370%, 7/25/54<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 6011562 | &nbsp;&nbsp; 6072318 |
| &nbsp;&nbsp;&nbsp; FIGRE Trust 2024-HE4 A, 5.0560%, 9/25/54<sup>ž,</sup><sup>‡</sup> <br>| 11237750 | 11162857 |
| &nbsp;&nbsp;&nbsp; FIGRE Trust 2025-HE2 A, 5.7750%, 3/25/55<sup>ž,</sup><sup>‡</sup> <br>| 12394918 | 12451260 |
| &nbsp;&nbsp;&nbsp; FIGRE Trust 2025-HE3 A, 5.5600%, 5/25/55<sup>ž,</sup><sup>‡</sup> <br>| 14101000 | 14118110 |
| &nbsp;&nbsp;&nbsp; FIGRE Trust 2025-HE4 A, 5.4080%, 7/25/55<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 8911000 | &nbsp;&nbsp; 8910885 |
| &nbsp;&nbsp;&nbsp; Finance of America Structured Securities Trust 2025-S1 A1, 3.5000%, 2/25/75<sup>ž</sup> <br>| 10143323 | &nbsp;&nbsp; 9713095 |
| &nbsp;&nbsp;&nbsp; Flagstar Mortgage Trust 2021-13IN A2, 3.0000%, 12/30/51<sup>ž,</sup><sup>‡</sup> <br>| 17833646 | 15093040 |
| &nbsp;&nbsp;&nbsp; Freddie Mac - SLST 2020-2 M1, 4.7500%, 9/25/60<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 2712799 | &nbsp;&nbsp; 2688445 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes 2021-DNA6 M2, US <br> 30 Day Average SOFR + 1.5000%, 5.8052%, 10/25/41<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 4536171 | &nbsp;&nbsp; 4549424 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes 2021-DNA7 M1, US <br> 30 Day Average SOFR + 0.8500%, 5.1552%, 11/25/41<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 3695427 | &nbsp;&nbsp; 3686185 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes 2021-HQA3 M2, US <br> 30 Day Average SOFR + 2.1000%, 6.4052%, 9/25/41<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 5220531 | &nbsp;&nbsp; 5262444 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes 2021-HQA4 M1, US <br> 30 Day Average SOFR + 0.9500%, 5.2552%, 12/25/41<sup>ž,</sup><sup>‡</sup> <br>| 13860718 | 13834729 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes 2021-HQA4 M2, US <br> 30 Day Average SOFR + 2.3500%, 6.6552%, 12/25/41<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 6594891 | &nbsp;&nbsp; 6684411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes 2022-DNA2 M1A, US <br> 30 Day Average SOFR + 1.3000%, 5.6052%, 2/25/42<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 1665318 | &nbsp;&nbsp; 1669601 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes 2022-HQA1 M1A, US <br> 30 Day Average SOFR + 2.1000%, 6.4052%, 3/25/42<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 2932350 | &nbsp;&nbsp; 2949662 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes 2022-HQA3 M1A, US <br> 30 Day Average SOFR + 2.3000%, 6.6052%, 8/25/42<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 4104636 | &nbsp;&nbsp; 4180414 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes 2023-DNA2 M1A, US <br> 30 Day Average SOFR + 2.1000%, 6.4062%, 4/27/43<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 4367878 | &nbsp;&nbsp; 4437374 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes 2023-HQA2 M1A, US <br> 30 Day Average SOFR + 2.0000%, 6.3052%, 6/25/43<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 710682 | &nbsp;&nbsp;&nbsp;&nbsp; 715070 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes 2023-HQA3 M1, US <br> 30 Day Average SOFR + 1.8500%, 6.1552%, 11/25/43<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 6577146 | &nbsp;&nbsp; 6630670 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes 2024-DNA2 M1, US <br> 30 Day Average SOFR + 1.2000%, 5.5052%, 5/25/44<sup>ž,</sup><sup>‡</sup> <br>| 10664515 | 10678415 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes 2024-DNA3 M1, US <br> 30 Day Average SOFR + 1.0000%, 5.3052%, 10/25/44<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 3510513 | &nbsp;&nbsp; 3509442 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes 2025-DNA1 M1, US <br> 30 Day Average SOFR + 1.0500%, 5.3552%, 1/25/45<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 8098738 | &nbsp;&nbsp; 8102987 |

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------

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| | | |
|:---|:---|:---|
|  | *Shares or*<br> *Principal Amounts*<br>| *Value* |
| Asset-Backed/Commercial Mortgage-Backed Securities – (continued) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes 2025-DNA2 M1, US <br> 30 Day Average SOFR + 1.2000%, 5.5052%, 5/25/45<sup>ž,</sup><sup>‡</sup> <br>| $5270831 | $5280635 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes 2025-HQA1 M1, US <br> 30 Day Average SOFR + 1.1500%, 5.4552%, 2/27/45<sup>ž,</sup><sup>‡</sup> <br>| 19113411 | 19109124 |
| &nbsp;&nbsp;&nbsp; FREMF Mortgage Trust 2023-K511 C, 5.8224%, 11/25/28<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 5263000 | &nbsp;&nbsp; 4878807 |
| &nbsp;&nbsp;&nbsp; GCAT 2022-INV1 A1, 3.0000%, 12/25/51<sup>ž,</sup><sup>‡</sup> <br>| 18672269 | 15871690 |
| &nbsp;&nbsp;&nbsp; GCAT 2023-INV1 A1, 6.0000%, 8/25/53<sup>ž,</sup><sup>‡</sup> <br>| 18099932 | 18213949 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Golden Tree Loan Management US CLO1 Ltd 2023-17A AR, CME Term SOFR 3 <br> Month + 1.2800%, 5.5955%, 1/20/39<sup>ž,</sup><sup>‡</sup> <br>| 27405000 | 27446107 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gracie Point International Funding 2024-1A A, US 90 Day Average SOFR + <br> 1.7000%, 6.1218%, 3/1/28<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 7709000 | &nbsp;&nbsp; 7723309 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Great Wolf Trust 2024-WLF2 A, CME Term SOFR 1 Month + 1.6912%, 6.0030%, <br> 5/15/41<sup>ž,</sup><sup>‡</sup> <br>| 29946000 | 30030046 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; GS Mortgage Securities Trust 2025-800D A, CME Term SOFR 1 Month + <br> 2.6500%, 6.9646%, 11/25/41<sup>ž,</sup><sup>‡</sup> <br>| 34333000 | 34342280 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Highbridge Loan Management Ltd 2021-16A B, CME Term SOFR 3 Month + <br> 1.9616%, 6.2410%, 1/23/35<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 5360143 | &nbsp;&nbsp; 5376523 |
| &nbsp;&nbsp;&nbsp; Homeward Opportunities Fund I Trust 2024-RRTL2 A1, 5.9890%, 9/25/39<sup>ž,</sup><sup>Ç</sup> <br>| 11602000 | 11630798 |
| &nbsp;&nbsp;&nbsp; Homeward Opportunities Fund I Trust 2024-RTL1 A1, 7.1200%, 7/25/29<sup>ž,</sup><sup>Ç</sup> <br>| 26188000 | 26340841 |
| &nbsp;&nbsp;&nbsp; Homeward Opportunities Fund I Trust 2025-RRTL1 A1, 5.4760%, 3/25/40<sup>ž,</sup><sup>Ç</sup> <br>| 19839000 | 19867243 |
| &nbsp;&nbsp;&nbsp; Hudson's Bay Simon JV Trust 2015-HB10 A10, 4.1545%, 8/5/34<sup>ž</sup> <br>| &nbsp;&nbsp; 7602661 | &nbsp;&nbsp; 7418047 |
| &nbsp;&nbsp;&nbsp; Hudson's Bay Simon JV Trust 2015-HB7 A7, 3.9141%, 8/5/34<sup>ž</sup> <br>| &nbsp;&nbsp; 1665958 | &nbsp;&nbsp; 1654220 |
| &nbsp;&nbsp;&nbsp; Hudson's Bay Simon JV Trust 2015-HB7 B7, 4.6662%, 8/5/34<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 644000 | &nbsp;&nbsp;&nbsp;&nbsp; 638219 |
| &nbsp;&nbsp;&nbsp; JP Morgan Mortgage Trust 2025-5MPR A1D, 5.5000%, 11/25/55<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 9903204 | &nbsp;&nbsp; 9910585 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; KRE Commercial Mortgage Trust 2025-AIP4 A, CME Term SOFR 1 Month + <br> 1.3000%, 5.6118%, 3/15/42<sup>ž,</sup><sup>‡</sup> <br>| 21828000 | 21773439 |
| &nbsp;&nbsp;&nbsp; LAD Auto Receivables Trust 2022-1A A, 5.2100%, 6/15/27<sup>ž</sup> <br>| &nbsp;&nbsp; 1458818 | &nbsp;&nbsp; 1459033 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; LBA Trust 2024-BOLT A, CME Term SOFR 1 Month + 1.5911%, 5.9029%, <br> 6/15/39<sup>ž,</sup><sup>‡</sup> <br>| 19813000 | 19820748 |
| &nbsp;&nbsp;&nbsp; Lendbuzz Securitization Trust 2021-1A A, 4.2200%, 5/17/27<sup>ž</sup> <br>| &nbsp;&nbsp; 3193769 | &nbsp;&nbsp; 3180511 |
| &nbsp;&nbsp;&nbsp; Lendbuzz Securitization Trust 2023-1A A2, 6.9200%, 8/15/28<sup>ž</sup> <br>| &nbsp;&nbsp; 3048070 | &nbsp;&nbsp; 3087924 |
| &nbsp;&nbsp;&nbsp; Lex Commercial Loan Master Trust 2024-BBG A, 5.0361%, 10/13/33<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 6407000 | &nbsp;&nbsp; 6438684 |
| &nbsp;&nbsp;&nbsp; LHOME Mortgage Trust 2024-RTL2 A1, 7.1280%, 3/25/29<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 6506012 | &nbsp;&nbsp; 6569889 |
| &nbsp;&nbsp;&nbsp; LHOME Mortgage Trust 2024-RTL3 A1, 6.9000%, 5/25/29<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 8285561 | &nbsp;&nbsp; 8380862 |
| &nbsp;&nbsp;&nbsp; LHOME Mortgage Trust 2024-RTL4 A1, 5.9210%, 7/25/39<sup>ž,</sup><sup>Ç</sup> <br>| 24872433 | 24974512 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Life Financial Services Trust 2021-BMR C, CME Term SOFR 1 Month + 1.2145%, <br> 5.5265%, 3/15/38<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 1642688 | &nbsp;&nbsp; 1633407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Life Financial Services Trust 2022-BMR2 A1, CME Term SOFR 1 Month + <br> 1.2952%, 5.6070%, 5/15/39<sup>ž,</sup><sup>‡</sup> <br>| 36759000 | 35589925 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Life Financial Services Trust 2022-BMR2 B, CME Term SOFR 1 Month + <br> 1.7939%, 6.1057%, 5/15/39<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 6155000 | &nbsp;&nbsp; 5687183 |
| &nbsp;&nbsp;&nbsp; M&T Equipment Notes 2023-1A A3, 5.7400%, 7/15/30<sup>ž</sup> <br>| &nbsp;&nbsp; 4878717 | &nbsp;&nbsp; 4906793 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Madison Park Funding Ltd 2019-34A A2RR, CME Term SOFR 3 Month + <br> 1.6000%, 5.8605%, 10/16/37<sup>ž,</sup><sup>‡</sup> <br>| 11944000 | 11966064 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Madison Park Funding Ltd 2022-55A A1R, CME Term SOFR 3 Month + <br> 1.3600%, 5.6295%, 7/20/37<sup>ž,</sup><sup>‡</sup> <br>| 37139704 | 37255361 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Magnetite CLO Ltd 2025-50A A1, CME Term SOFR 3 Month + 1.2800%, <br> 5.5888%, 7/26/38<sup>ž,</sup><sup>‡</sup> <br>| 19768000 | 19768000 |
| &nbsp;&nbsp;&nbsp; Marlette Funding Trust 2023-2A B, 6.5400%, 6/15/33<sup>ž</sup> <br>| &nbsp;&nbsp; 1474342 | &nbsp;&nbsp; 1477261 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mello Mortgage Capital Acceptance Trust 2021-INV2 A11, US 30 Day Average <br> SOFR + 0.9500%, 5.0000%, 8/25/51<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 9592740 | &nbsp;&nbsp; 8868567 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mello Mortgage Capital Acceptance Trust 2021-INV3 A11, US 30 Day Average <br> SOFR + 0.9500%, 5.0000%, 10/25/51<sup>ž,</sup><sup>‡</sup> <br>| 12104158 | 11194392 |
| &nbsp;&nbsp;&nbsp; Mello Mortgage Capital Acceptance Trust 2022-INV1 A2, 3.0000%, 3/25/52<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 7060290 | &nbsp;&nbsp; 6005085 |
| &nbsp;&nbsp;&nbsp; Mello Mortgage Capital Acceptance Trust 2024-SD1 A1, 4.0000%, 4/25/54<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 8080589 | &nbsp;&nbsp; 7904950 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; MHC Commercial Mortgage Trust 2021-MHC A, CME Term SOFR 1 Month + <br> 0.9154%, 5.2274%, 4/15/38<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 3421596 | &nbsp;&nbsp; 3421518 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; MHC Commercial Mortgage Trust 2021-MHC C, CME Term SOFR 1 Month + <br> 1.4654%, 5.7774%, 4/15/38<sup>ž,</sup><sup>‡</sup> <br>| 12522636 | 12523929 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Neuberger Berman CLO Ltd 2019-32RA A, CME Term SOFR 3 Month + <br> 1.3100%, 5.6390%, 7/20/39<sup>ž,</sup><sup>‡</sup> <br>| 24157798 | 24157798 |
| &nbsp;&nbsp;&nbsp; New Economy Assets Phase 1 Issuer LLC 2021-1 B1, 2.4100%, 10/20/61<sup>ž</sup> <br>| &nbsp;&nbsp; 8554000 | &nbsp;&nbsp; 7795761 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust 2018-2, Refinitiv USD IBOR Consumer <br> Cash Fallbacks 6 Months + 0.6800%, 4.5000%, 2/25/58<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 884798 | &nbsp;&nbsp;&nbsp;&nbsp; 866208 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust 2024-NQM2 A1, US 30 Day Average <br> SOFR + 0.1400%, 5.1170%, 9/25/64<sup>ž,</sup><sup>‡</sup> <br>| 15362946 | 15303610 |
| &nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust 2024-RTL2 A1, 5.4430%, 9/25/39<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 9423000 | &nbsp;&nbsp; 9417757 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; NRTH PARK Mortgage Trust 2024-PARK A, CME Term SOFR 1 Month + <br> 1.6413%, 5.9531%, 3/15/41<sup>ž,</sup><sup>‡</sup> <br>| 35750000 | 35772745 |
| &nbsp;&nbsp;&nbsp; NRZ Excess Spread Collateralized Notes 2020-PLS1 A, 3.8440%, 12/25/25<sup>ž</sup> <br>| &nbsp;&nbsp; 1822662 | &nbsp;&nbsp; 1803584 |

---

------

---

| | | |
|:---|:---|:---|
|  | *Shares or*<br> *Principal Amounts*<br>| *Value* |
| Asset-Backed/Commercial Mortgage-Backed Securities – (continued) |  |  |
| &nbsp;&nbsp;&nbsp; NRZ Excess Spread Collateralized Notes 2021-FHT1 A, 3.1040%, 7/25/26<sup>ž</sup> <br>| $3958872 | $3840768 |
| &nbsp;&nbsp;&nbsp; NRZ Excess Spread Collateralized Notes 2024-FNT1 A, 7.3980%, 11/25/31<sup>ž,</sup><sup>Ç</sup> <br>| 12870930 | 12973223 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Oak Hill Credit Partners 2020-7A A1R2, CME Term SOFR 3 Month + 1.2800%, <br> 5.5438%, 7/19/38<sup>ž,</sup><sup>‡</sup> <br>| 24903000 | 24950316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Oak Hill Credit Partners 2021-9A A2R, CME Term SOFR 3 Month + 1.5800%, <br> 5.8495%, 10/19/37<sup>ž,</sup><sup>‡</sup> <br>| 17357000 | 17384082 |
| &nbsp;&nbsp;&nbsp; Oak Street Investment Grade Net Lease Fund 2020-1A A1, 1.8500%, 11/20/50<sup>ž</sup> <br>| 12053907 | 11811427 |
| &nbsp;&nbsp;&nbsp; Oasis Securitization 2024-1A A, 5.8800%, 9/30/38<sup>§</sup> <br>| &nbsp;&nbsp; 4807000 | &nbsp;&nbsp; 4773895 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; OCP CLO Ltd 2017-14A A2R, CME Term SOFR 3 Month + 1.5700%, 5.8632%, <br> 7/20/37<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 7550000 | &nbsp;&nbsp; 7561376 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; OCP CLO Ltd 2020-8RA AR, CME Term SOFR 3 Month + 1.2500%, 5.5298%, <br> 10/17/36<sup>ž,</sup><sup>‡</sup> <br>| 24995203 | 25038870 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Octagon Investment Partners 42 Ltd 2019-3A A2RR, CME Term SOFR 3 Month <br> + 1.5600%, 5.8161%, 7/15/37<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 2354880 | &nbsp;&nbsp; 2358634 |
| &nbsp;&nbsp;&nbsp; Onslow Bay Financial LLC 2022-INV1 A1, 3.0000%, 12/25/51<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 4336461 | &nbsp;&nbsp; 3679978 |
| &nbsp;&nbsp;&nbsp; Onslow Bay Financial LLC 2022-INV1 A18, 3.0000%, 12/25/51<sup>ž,</sup><sup>‡</sup> <br>| 11474784 | &nbsp;&nbsp; 9688476 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; OPEN Trust 2023-AIR A, CME Term SOFR 1 Month + 3.0891%, 7.4009%, <br> 11/15/40<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 3566739 | &nbsp;&nbsp; 3566712 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; OPEN Trust 2023-AIR C, CME Term SOFR 1 Month + 5.2359%, 9.5477%, <br> 11/15/40<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 4126381 | &nbsp;&nbsp; 4126714 |
| &nbsp;&nbsp;&nbsp; Pretium Mortgage Credit Partners LLC 2025-RPL1 A1, 4.0000%, 7/25/69<sup>ž,</sup><sup>Ç</sup> <br>| 12563667 | 12134540 |
| &nbsp;&nbsp;&nbsp; Pretium Mortgage Credit Partners LLC 2025-RPL2 A1, 4.0000%, 8/25/64<sup>ž,</sup><sup>Ç</sup> <br>| 13576105 | 13118552 |
| &nbsp;&nbsp;&nbsp; PRP Advisors LLC 2020-4 A1, 6.6100%, 10/25/25<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 6817385 | &nbsp;&nbsp; 6819376 |
| &nbsp;&nbsp;&nbsp; PRP Advisors LLC 2024-RCF2 A1, 3.7500%, 3/25/54<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 5398188 | &nbsp;&nbsp; 5250985 |
| &nbsp;&nbsp;&nbsp; PRP Advisors LLC 2025-RPL4 A1, 3.0000%, 5/25/55<sup>ž,</sup><sup>Ç</sup> <br>| 16884499 | 15774098 |
| &nbsp;&nbsp;&nbsp; QTS Issuer ABS I LLC 2025-1A A2, 5.4390%, 5/25/55<sup>ž</sup> <br>| 49100000 | 49643348 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Regatta XXIII Funding Ltd 2021-4A B, CME Term SOFR 3 Month + 1.9616%, <br> 6.2311%, 1/22/35<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 5891224 | &nbsp;&nbsp; 5912432 |
| &nbsp;&nbsp;&nbsp; Saluda Grade Alternative Mortgage Trust 2023-FIG3 A, 7.0670%, 8/25/53<sup>ž,</sup><sup>‡</sup> <br>| 22282976 | 22941685 |
| &nbsp;&nbsp;&nbsp; Saluda Grade Alternative Mortgage Trust 2023-FIG4 A, 6.7180%, 11/25/53<sup>ž,</sup><sup>‡</sup> <br>| 12061633 | 12368516 |
| &nbsp;&nbsp;&nbsp; Saluda Grade Alternative Mortgage Trust 2024-CES1 A1, 6.3060%, 3/25/54<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 7847400 | &nbsp;&nbsp; 7949723 |
| &nbsp;&nbsp;&nbsp; Saluda Grade Alternative Mortgage Trust 2024-FIG5 A, 6.2550%, 4/25/54<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 9339175 | &nbsp;&nbsp; 9385192 |
| &nbsp;&nbsp;&nbsp; Saluda Grade Alternative Mortgage Trust 2024-RTL6 A1, 7.4390%, 7/25/30<sup>ž,</sup><sup>Ç</sup> <br>| 18334250 | 18569678 |
| &nbsp;&nbsp;&nbsp; Santander Bank Auto Credit-Linked Notes 2022-B A2, 5.5870%, 8/16/32<sup>ž</sup> <br>| &nbsp;&nbsp; 1387360 | &nbsp;&nbsp; 1394232 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SCG Hotel Issuer Inc 2025-DLFN A, CME Term SOFR 1 Month + 1.2000%, <br> 5.5118%, 3/15/35<sup>ž,</sup><sup>‡</sup> <br>| 29118000 | 28925397 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SELF Commercial Mortgage Trust 2024-STRG A, CME Term SOFR 1 Month + <br> 1.5423%, 5.8540%, 11/15/34<sup>ž,</sup><sup>‡</sup> <br>| 27937000 | 27919121 |
| &nbsp;&nbsp;&nbsp; Sequoia Mortgage Trust 2013-5, 2.5000%, 5/25/43<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 1872279 | &nbsp;&nbsp; 1645778 |
| &nbsp;&nbsp;&nbsp; Sequoia Mortgage Trust 2020-2, 3.5000%, 3/25/50<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 732437 | &nbsp;&nbsp;&nbsp;&nbsp; 646032 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sixth Street CLO Ltd 2017-9A AR, CME Term SOFR 3 Month + 1.3800%, <br> 5.6495%, 7/21/37<sup>ž,</sup><sup>‡</sup> <br>| 24810000 | 24892186 |
| &nbsp;&nbsp;&nbsp; SMRT 2022-MINI A, CME Term SOFR 1 Month + 1.0000%, 5.3120%, 1/15/39<sup>ž,</sup><sup>‡</sup> <br>| 10990000 | 10946150 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SREIT Trust 2021-MFP A, CME Term SOFR 1 Month + 0.8453%, 5.1570%, <br> 11/15/38<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 1971278 | &nbsp;&nbsp; 1970062 |
| &nbsp;&nbsp;&nbsp; Taco Bell Funding LLC 2021-1A A2II, 2.2940%, 8/25/51<sup>ž</sup> <br>| &nbsp;&nbsp; 5546213 | &nbsp;&nbsp; 5047713 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; TEXAS Commercial Mortgage Trust 2025-TWR A, CME Term SOFR 1 Month + <br> 1.2931%, 5.6049%, 4/15/42<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 8177000 | &nbsp;&nbsp; 8161740 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Texas Debt Capital CLO Ltd 2023-2A A1R, CME Term SOFR 3 Month + <br> 1.3700%, 5.6395%, 10/21/37<sup>ž,</sup><sup>‡</sup> <br>| 25800000 | 25903314 |
| &nbsp;&nbsp;&nbsp; THE 2023-MIC Trust 2023-MIC A, 8.7315%, 12/5/38<sup>ž,</sup><sup>‡</sup> <br>| 14644028 | 15966860 |
| &nbsp;&nbsp;&nbsp; The Huntington National Bank 2024-2 B1, 5.4420%, 10/20/32<sup>ž</sup> <br>| &nbsp;&nbsp; 7720099 | &nbsp;&nbsp; 7775465 |
| &nbsp;&nbsp;&nbsp; Toorak Mortgage Corp 2025-RRTL1 A1, 5.5240%, 2/25/40<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 7590000 | &nbsp;&nbsp; 7610356 |
| &nbsp;&nbsp;&nbsp; TYSN 2023-CRNR Mortgage Trust 2023-CRNR A, 6.7991%, 12/10/33<sup>ž,</sup><sup>‡</sup> <br>| 23414873 | 24773931 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United Wholesale Mortgage LLC 2021-INV1 A9, US 30 Day Average SOFR + <br> 0.9000%, 5.0000%, 8/25/51<sup>ž,</sup><sup>‡</sup> <br>| 11573323 | 10678377 |
| &nbsp;&nbsp;&nbsp; Vantage Data Centers LLC 2020-1A A2, 1.6450%, 9/15/45<sup>ž</sup> <br>| 17832000 | 17699097 |
| &nbsp;&nbsp;&nbsp; Vantage Data Centers LLC 2020-2A A2, 1.9920%, 9/15/45<sup>ž</sup> <br>| 11511000 | 10803924 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; VASA Trust 2021-VASA A, CME Term SOFR 1 Month + 1.0145%, 5.3265%, <br> 7/15/39<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 8418000 | &nbsp;&nbsp; 8168490 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Voya CLO Ltd 2024-4A A2, CME Term SOFR 3 Month + 1.5500%, 5.8195%, <br> 7/20/37<sup>ž,</sup><sup>‡</sup> <br>| 10074095 | 10088242 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wells Fargo Commercial Mortgage Trust 2021-SAVE A, CME Term SOFR 1 <br> Month + 1.3645%, 5.6765%, 2/15/40<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 1690876 | &nbsp;&nbsp; 1691042 |
| &nbsp;&nbsp;&nbsp; Wells Fargo Commercial Mortgage Trust 2025-VTT A, 5.2704%, 3/15/38<sup>ž,</sup><sup>‡</sup> <br>| 29711000 | 29825955 |
| &nbsp;&nbsp;&nbsp; Wendy's Funding LLC 2021-1A A2I, 2.3700%, 6/15/51<sup>ž</sup> <br>| &nbsp;&nbsp; 3596647 | &nbsp;&nbsp; 3283869 |
| &nbsp;&nbsp;&nbsp; Wendy's Funding LLC 2021-1A A2II, 2.7750%, 6/15/51<sup>ž</sup> <br>| &nbsp;&nbsp; 9297541 | &nbsp;&nbsp; 8178288 |
| &nbsp;&nbsp;&nbsp; Westgate Resorts 2022-1A A, 1.7880%, 8/20/36<sup>ž</sup> <br>| &nbsp;&nbsp; 1247498 | &nbsp;&nbsp; 1237085 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Woodward Capital Management 2021-3 A21, US 30 Day Average SOFR + <br> 0.8000%, 5.0000%, 7/25/51<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 8460023 | &nbsp;&nbsp; 7776468 |

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------

---

| | | |
|:---|:---|:---|
|  | *Shares or*<br> *Principal Amounts*<br>| *Value* |
| Asset-Backed/Commercial Mortgage-Backed Securities – (continued) |  |  |
| &nbsp;&nbsp;&nbsp; Woodward Capital Management 2023-CES1 A1A, 6.5150%, 6/25/43<sup>ž,</sup><sup>‡</sup> <br>| $4778406 | &nbsp;&nbsp;&nbsp;&nbsp; $4796571 |
| &nbsp;&nbsp;&nbsp; Woodward Capital Management 2023-CES3 A1A, 7.1130%, 11/25/43<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 7932297 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8048894 |
| &nbsp;&nbsp;&nbsp; Woodward Capital Management 2024-CES1 A1A, 6.0250%, 2/25/44<sup>ž,</sup><sup>‡</sup> <br>| 10141042 | &nbsp;&nbsp;&nbsp;&nbsp; 10182239 |
| &nbsp;&nbsp;&nbsp; Woodward Capital Management 2024-CES2 A1A, 6.1410%, 4/25/44<sup>ž,</sup><sup>‡</sup> <br>| 28605897 | &nbsp;&nbsp;&nbsp;&nbsp; 28787120 |
| &nbsp;&nbsp;&nbsp; Woodward Capital Management 2024-CES3 A1A, 6.5910%, 5/25/44<sup>ž,</sup><sup>‡</sup> <br>| 11155154 | &nbsp;&nbsp;&nbsp;&nbsp; 11300629 |
| &nbsp;&nbsp;&nbsp; Woodward Capital Management 2024-CES5 A1A, 5.8460%, 8/25/44<sup>ž,</sup><sup>Ç</sup> <br>| 19476262 | &nbsp;&nbsp;&nbsp;&nbsp; 19576249 |
| &nbsp;&nbsp;&nbsp; Woodward Capital Management 2024-CES6 A1A, 5.3440%, 9/25/44<sup>ž,</sup><sup>Ç</sup> <br>| 15301810 | &nbsp;&nbsp;&nbsp;&nbsp; 15270466 |
| &nbsp;&nbsp;&nbsp; Woodward Capital Management 2024-CES7 A1A, 5.1580%, 10/25/44<sup>ž,</sup><sup>Ç</sup> <br>| 24335357 | &nbsp;&nbsp;&nbsp;&nbsp; 24236025 |
| &nbsp;&nbsp;&nbsp; Woodward Capital Management 2024-CES8 A1A, 5.4896%, 11/25/44<sup>ž,</sup><sup>Ç</sup> <br>| 14829108 | &nbsp;&nbsp;&nbsp;&nbsp; 14841673 |
| &nbsp;&nbsp;&nbsp; Woodward Capital Management 2024-CES9 A1A, 5.5820%, 12/25/44<sup>ž,</sup><sup>Ç</sup> <br>| 12743168 | &nbsp;&nbsp;&nbsp;&nbsp; 12765398 |
| &nbsp;&nbsp;&nbsp; Woodward Capital Management 2025-CES1 A1A, 5.6530%, 1/25/45<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 5651483 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5679218 |
| &nbsp;&nbsp;&nbsp; Woodward Capital Management 2025-CES2 A1A, 5.5030%, 2/25/55<sup>ž,</sup><sup>Ç</sup> <br>| 16147471 | &nbsp;&nbsp;&nbsp;&nbsp; 16202008 |
| &nbsp;&nbsp;&nbsp; Woodward Capital Management 2025-CES3 A1A, 5.5530%, 3/25/55<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 7072607 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7110067 |
| &nbsp;&nbsp;&nbsp; Woodward Capital Management 2025-CES5 A1A, 5.6870%, 5/25/55<sup>‡</sup> <br>| &nbsp;&nbsp; 9311508 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9387774 |
| &nbsp;&nbsp;&nbsp; Woodward Capital Management 2025-CES6 A1A, 5.4720%, 6/25/55<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 6548000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6580879 |
| Total Asset-Backed/Commercial Mortgage-Backed Securities (cost <br> $2,938,338,880)<br>|  | 2941104842 |
| Bank Loans and Mezzanine Loans – 0.5% |  |  |
| Capital Goods – 0.1% |  |  |
| &nbsp;&nbsp;&nbsp; EMRLD Borrower LP, CME Term SOFR 1 Month + 2.5000%, 6.8268%, 8/4/31<sup>‡</sup> <br>| 29689367 | &nbsp;&nbsp;&nbsp;&nbsp; 29620785 |
| Consumer Cyclical – 0% |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Belron Finance 2019 LLC, CME Term SOFR 3 Month + 2.7500%, 7.0487%, <br> 10/16/31<sup>‡</sup> <br>| 12750925 | &nbsp;&nbsp;&nbsp;&nbsp; 12795298 |
| Consumer Non-Cyclical – 0.1% |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Medline Borrower LP, CME Term SOFR 1 Month + 2.2500%, 6.5768%, <br> 10/23/28<sup>‡</sup> <br>| 23224295 | &nbsp;&nbsp;&nbsp;&nbsp; 23235675 |
| Electric – 0.2% |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Alpha Generation LLC, CME Term SOFR 1 Month + 2.0000%, 6.3268%, <br> 9/30/31<sup>‡</sup> <br>| 14930970 | &nbsp;&nbsp;&nbsp;&nbsp; 14899913 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lightning Power LLC, CME Term SOFR 3 Month + 2.2500%, 6.5456%, <br> 8/18/31<sup>‡</sup> <br>| 27252055 | &nbsp;&nbsp;&nbsp;&nbsp; 27282305 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 42182218 |
| Transportation – 0.1% |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Genesee & Wyoming Inc, CME Term SOFR 3 Month + 1.7500%, 6.0456%, <br> 4/10/31<sup>‡</sup> <br>| 37445835 | &nbsp;&nbsp;&nbsp;&nbsp; 37223407 |
| Total Bank Loans and Mezzanine Loans (cost $144,978,322) |  | &nbsp;&nbsp; 145057383 |
| Corporate Bonds – 10.5% |  |  |
| Banking – 2.8% |  |  |
| &nbsp;&nbsp;&nbsp; Bank of America Corp, SOFR + 1.0000%, 5.1620%, 1/24/31<sup>‡</sup> <br>| 47490000 | &nbsp;&nbsp;&nbsp;&nbsp; 48674855 |
| &nbsp;&nbsp;&nbsp; Bank of America Corp, SOFR + 1.8400%, 5.8720%, 9/15/34<sup>‡</sup> <br>| 18294000 | &nbsp;&nbsp;&nbsp;&nbsp; 19304927 |
| &nbsp;&nbsp;&nbsp; Bank of America Corp, SOFR + 1.6970%, 5.7440%, 2/12/36<sup>‡</sup> <br>| 78359000 | &nbsp;&nbsp;&nbsp;&nbsp; 79630099 |
| &nbsp;&nbsp;&nbsp; Bank of New York Mellon Corp/The, SOFR + 1.8450%, 6.4740%, 10/25/34<sup>‡</sup> <br>| 22674000 | &nbsp;&nbsp;&nbsp;&nbsp; 24967977 |
| &nbsp;&nbsp;&nbsp; Capital One Financial Corp, SOFR + 2.6400%, 6.3120%, 6/8/29<sup>‡</sup> <br>| &nbsp;&nbsp; 9194000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9650936 |
| &nbsp;&nbsp;&nbsp; Capital One Financial Corp, SOFR + 1.9050%, 5.7000%, 2/1/30<sup>‡</sup> <br>| &nbsp;&nbsp; 5165000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5342805 |
| &nbsp;&nbsp;&nbsp; Capital One Financial Corp, SOFR + 3.0700%, 7.6240%, 10/30/31<sup>‡</sup> <br>| 18133000 | &nbsp;&nbsp;&nbsp;&nbsp; 20487491 |
| &nbsp;&nbsp;&nbsp; Capital One Financial Corp, SOFR + 1.9900%, 5.8840%, 7/26/35<sup>‡</sup> <br>| 23812000 | &nbsp;&nbsp;&nbsp;&nbsp; 24550196 |
| &nbsp;&nbsp;&nbsp; Capital One Financial Corp, SOFR + 2.0360%, 6.1830%, 1/30/36<sup>‡</sup> <br>| 17959000 | &nbsp;&nbsp;&nbsp;&nbsp; 18283107 |
| &nbsp;&nbsp;&nbsp; Citigroup Inc, CME Term SOFR 3 Month + 1.8246%, 3.8870%, 1/10/28<sup>‡</sup> <br>| 36115000 | &nbsp;&nbsp;&nbsp;&nbsp; 35786708 |
| &nbsp;&nbsp;&nbsp; Citigroup Inc, SOFR + 2.0560%, 5.8270%, 2/13/35<sup>‡</sup> <br>| 50084000 | &nbsp;&nbsp;&nbsp;&nbsp; 51103932 |
| &nbsp;&nbsp;&nbsp; Discover Financial Services, SOFR + 3.3700%, 7.9640%, 11/2/34<sup>‡</sup> <br>| 12097000 | &nbsp;&nbsp;&nbsp;&nbsp; 14061414 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group Inc, SOFR + 1.0780%, 5.2070%, 1/28/31<sup>‡</sup> <br>| 24815000 | &nbsp;&nbsp;&nbsp;&nbsp; 25395863 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group Inc, SOFR + 1.3800%, 5.5360%, 1/28/36<sup>‡</sup> <br>| 21952000 | &nbsp;&nbsp;&nbsp;&nbsp; 22511524 |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co, SOFR + 1.0100%, 5.1400%, 1/24/31<sup>‡</sup> <br>| 21125000 | &nbsp;&nbsp;&nbsp;&nbsp; 21663243 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley, SOFR + 1.2900%, 2.9430%, 1/21/33<sup>‡</sup> <br>| 16462000 | &nbsp;&nbsp;&nbsp;&nbsp; 14692239 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley, SOFR + 1.8800%, 5.4240%, 7/21/34<sup>‡</sup> <br>| 18294000 | &nbsp;&nbsp;&nbsp;&nbsp; 18740420 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley, SOFR + 1.5550%, 5.3200%, 7/19/35<sup>‡</sup> <br>| 24159000 | &nbsp;&nbsp;&nbsp;&nbsp; 24453923 |
| &nbsp;&nbsp;&nbsp; National Australia Bank Ltd, 2.9900%, 5/21/31<sup>ž</sup> <br>| 28726000 | &nbsp;&nbsp;&nbsp;&nbsp; 25779227 |
| &nbsp;&nbsp;&nbsp; PNC Financial Services Group Inc/The, SOFR + 1.0720%, 5.2220%, 1/29/31<sup>‡</sup> <br>| &nbsp;&nbsp; 7381000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7574866 |
| &nbsp;&nbsp;&nbsp; PNC Financial Services Group Inc/The, SOFR + 1.3940%, 5.5750%, 1/29/36<sup>‡</sup> <br>| 10386000 | &nbsp;&nbsp;&nbsp;&nbsp; 10704536 |
| &nbsp;&nbsp;&nbsp; PNC Financial Services Group Inc/The, SOFR + 2.2840%, 6.8750%, 10/20/34<sup>‡</sup> <br>| 22327000 | &nbsp;&nbsp;&nbsp;&nbsp; 24959396 |
| &nbsp;&nbsp;&nbsp; PNC Financial Services Group Inc/The, SOFR + 1.5990%, 5.4010%, 7/23/35<sup>‡</sup> <br>| 23966000 | &nbsp;&nbsp;&nbsp;&nbsp; 24404195 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Societe Generale SA, US Treasury Yield Curve Rate 1 Year + 1.2000%, 5.5000%, <br> 4/13/29<sup>ž,</sup><sup>‡</sup> <br>| 14133000 | &nbsp;&nbsp;&nbsp;&nbsp; 14385670 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Societe Generale SA, US Treasury Yield Curve Rate 1 Year + 1.6000%, 6.1000%, <br> 4/13/33<sup>ž,</sup><sup>‡</sup> <br>| 34519000 | &nbsp;&nbsp;&nbsp;&nbsp; 35882139 |
| &nbsp;&nbsp;&nbsp; US Bancorp, SOFR + 1.5600%, 5.3840%, 1/23/30<sup>‡</sup> <br>| 19681000 | &nbsp;&nbsp;&nbsp;&nbsp; 20263910 |
| &nbsp;&nbsp;&nbsp; US Bancorp, SOFR + 1.0610%, 5.0460%, 2/12/31<sup>‡</sup> <br>| 20690000 | &nbsp;&nbsp;&nbsp;&nbsp; 21061460 |
| &nbsp;&nbsp;&nbsp; US Bancorp, SOFR + 1.4110%, 5.4240%, 2/12/36<sup>‡</sup> <br>| 22770000 | &nbsp;&nbsp;&nbsp;&nbsp; 23202173 |

---

------

---

| | | |
|:---|:---|:---|
|  | *Shares or*<br> *Principal Amounts*<br>| *Value* |
| Corporate Bonds – (continued) |  |  |
| Banking – (continued) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; US Bancorp, US Treasury Yield Curve Rate 5 Year + 0.9500%, 2.4910%, <br> 11/3/36<sup>‡</sup> <br>| $20457000 | $17363530 |
| &nbsp;&nbsp;&nbsp; Wells Fargo & Co, SOFR + 1.1100%, 5.2440%, 1/24/31<sup>‡</sup> <br>| &nbsp;&nbsp; 43951000 | &nbsp;&nbsp; 45086584 |
|  |  | 749969345 |
| Brokerage – 0.8% |  |  |
| &nbsp;&nbsp;&nbsp; Blue Owl Finance LLC, 6.2500%, 4/18/34 | &nbsp;&nbsp; 22767000 | &nbsp;&nbsp; 23426255 |
| &nbsp;&nbsp;&nbsp; Citadel Securities Global Holdings LLC, 5.5000%, 6/18/30<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 1131000 | &nbsp;&nbsp;&nbsp;&nbsp; 1144437 |
| &nbsp;&nbsp;&nbsp; Citadel Securities Global Holdings LLC, 6.2000%, 6/18/35<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 4985000 | &nbsp;&nbsp;&nbsp;&nbsp; 5114725 |
| &nbsp;&nbsp;&nbsp; Jane Street Group / JSG Finance Inc, 7.1250%, 4/30/31<sup>ž</sup> <br>| &nbsp;&nbsp; 14182000 | &nbsp;&nbsp; 14921691 |
| &nbsp;&nbsp;&nbsp; Jane Street Group / JSG Finance Inc, 6.1250%, 11/1/32<sup>ž</sup> <br>| &nbsp;&nbsp; 34751000 | &nbsp;&nbsp; 35082740 |
| &nbsp;&nbsp;&nbsp; LPL Holdings Inc, 6.7500%, 11/17/28 | &nbsp;&nbsp; 30079000 | &nbsp;&nbsp; 32079309 |
| &nbsp;&nbsp;&nbsp; LPL Holdings Inc, 5.2000%, 3/15/30 | &nbsp;&nbsp;&nbsp;&nbsp; 8509000 | &nbsp;&nbsp;&nbsp;&nbsp; 8641118 |
| &nbsp;&nbsp;&nbsp; LPL Holdings Inc, 5.1500%, 6/15/30 | &nbsp;&nbsp; 13703000 | &nbsp;&nbsp; 13872901 |
| &nbsp;&nbsp;&nbsp; LPL Holdings Inc, 6.0000%, 5/20/34 | &nbsp;&nbsp; 19554000 | &nbsp;&nbsp; 20220275 |
| &nbsp;&nbsp;&nbsp; LPL Holdings Inc, 5.6500%, 3/15/35 | &nbsp;&nbsp; 14248000 | &nbsp;&nbsp; 14325267 |
| &nbsp;&nbsp;&nbsp; LPL Holdings Inc, 5.7500%, 6/15/35 | &nbsp;&nbsp; 16998000 | &nbsp;&nbsp; 17196611 |
| &nbsp;&nbsp;&nbsp; Nasdaq Inc, 5.5500%, 2/15/34 | &nbsp;&nbsp; 30957000 | &nbsp;&nbsp; 32253149 |
|  |  | 218278478 |
| Capital Goods – 0.4% |  |  |
| &nbsp;&nbsp;&nbsp; Amcor Flexibles North America Inc, 5.5000%, 3/17/35<sup>ž</sup> <br>| &nbsp;&nbsp; 14280000 | &nbsp;&nbsp; 14487991 |
| &nbsp;&nbsp;&nbsp; Berry Global Inc, 5.8000%, 6/15/31 | &nbsp;&nbsp; 32563000 | &nbsp;&nbsp; 34217608 |
| &nbsp;&nbsp;&nbsp; Berry Global Inc, 5.6500%, 1/15/34 | &nbsp;&nbsp;&nbsp;&nbsp; 5911000 | &nbsp;&nbsp;&nbsp;&nbsp; 6100047 |
| &nbsp;&nbsp;&nbsp; Boeing Co/The, 5.1500%, 5/1/30 | &nbsp;&nbsp; 19729000 | &nbsp;&nbsp; 20086086 |
| &nbsp;&nbsp;&nbsp; Boeing Co/The, 6.3880%, 5/1/31 | &nbsp;&nbsp; 19467000 | &nbsp;&nbsp; 20921073 |
| &nbsp;&nbsp;&nbsp; Quikrete Holdings Inc, 6.3750%, 3/1/32<sup>ž</sup> <br>| &nbsp;&nbsp; 15902000 | &nbsp;&nbsp; 16352343 |
|  |  | 112165148 |
| Communications – 0.5% |  |  |
| &nbsp;&nbsp;&nbsp; AppLovin Corp, 5.3750%, 12/1/31 | &nbsp;&nbsp; 18923000 | &nbsp;&nbsp; 19255556 |
| &nbsp;&nbsp;&nbsp; AppLovin Corp, 5.5000%, 12/1/34 | &nbsp;&nbsp; 22083000 | &nbsp;&nbsp; 22420772 |
| &nbsp;&nbsp;&nbsp; AppLovin Corp, 5.9500%, 12/1/54 | &nbsp;&nbsp;&nbsp;&nbsp; 6403000 | &nbsp;&nbsp;&nbsp;&nbsp; 6253371 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Charter Communications Operating LLC / Charter Communications Operating <br> Capital, 6.6500%, 2/1/34<br>| &nbsp;&nbsp; 45850000 | &nbsp;&nbsp; 49098038 |
| &nbsp;&nbsp;&nbsp; T-Mobile USA Inc, 5.1250%, 5/15/32 | &nbsp;&nbsp; 14809000 | &nbsp;&nbsp; 15102114 |
| &nbsp;&nbsp;&nbsp; T-Mobile USA Inc, 5.3000%, 5/15/35 | &nbsp;&nbsp; 32085000 | &nbsp;&nbsp; 32487232 |
|  |  | 144617083 |
| Consumer Cyclical – 0.7% |  |  |
| &nbsp;&nbsp;&nbsp; CBRE Services Inc, 5.9500%, 8/15/34 | &nbsp;&nbsp; 33063000 | &nbsp;&nbsp; 34809316 |
| &nbsp;&nbsp;&nbsp; Ford Motor Credit Co LLC, 5.8000%, 3/8/29 | &nbsp;&nbsp; 19467000 | &nbsp;&nbsp; 19507662 |
| &nbsp;&nbsp;&nbsp; Ford Motor Credit Co LLC, 7.3500%, 3/6/30 | &nbsp;&nbsp;&nbsp;&nbsp; 5413000 | &nbsp;&nbsp;&nbsp;&nbsp; 5714171 |
| &nbsp;&nbsp;&nbsp; Ford Motor Credit Co LLC, 7.2000%, 6/10/30 | &nbsp;&nbsp;&nbsp;&nbsp; 5322000 | &nbsp;&nbsp;&nbsp;&nbsp; 5600849 |
| &nbsp;&nbsp;&nbsp; Ford Motor Credit Co LLC, 7.1220%, 11/7/33 | &nbsp;&nbsp; 10934000 | &nbsp;&nbsp; 11347704 |
| &nbsp;&nbsp;&nbsp; General Motors Co, 5.6250%, 4/15/30 | &nbsp;&nbsp; 12997000 | &nbsp;&nbsp; 13284258 |
| &nbsp;&nbsp;&nbsp; General Motors Co, 6.2500%, 4/15/35 | &nbsp;&nbsp; 11113000 | &nbsp;&nbsp; 11433479 |
| &nbsp;&nbsp;&nbsp; GLP Capital LP / GLP Financing II Inc, 5.3750%, 4/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; 9419000 | &nbsp;&nbsp;&nbsp;&nbsp; 9421053 |
| &nbsp;&nbsp;&nbsp; GLP Capital LP / GLP Financing II Inc, 5.3000%, 1/15/29 | &nbsp;&nbsp;&nbsp;&nbsp; 1226000 | &nbsp;&nbsp;&nbsp;&nbsp; 1239594 |
| &nbsp;&nbsp;&nbsp; GLP Capital LP / GLP Financing II Inc, 6.7500%, 12/1/33 | &nbsp;&nbsp; 13964000 | &nbsp;&nbsp; 14915870 |
| &nbsp;&nbsp;&nbsp; GLP Capital LP / GLP Financing II Inc, 5.6250%, 9/15/34 | &nbsp;&nbsp; 14546000 | &nbsp;&nbsp; 14493953 |
| &nbsp;&nbsp;&nbsp; LKQ Corp, 5.7500%, 6/15/28 | &nbsp;&nbsp; 13113000 | &nbsp;&nbsp; 13510001 |
| &nbsp;&nbsp;&nbsp; VICI Properties LP, 5.6250%, 4/1/35 | &nbsp;&nbsp; 16210000 | &nbsp;&nbsp; 16359012 |
| &nbsp;&nbsp;&nbsp; ZF North America Capital Inc, 6.7500%, 4/23/30<sup>ž</sup> <br>| &nbsp;&nbsp; 12102000 | &nbsp;&nbsp; 11621717 |
| &nbsp;&nbsp;&nbsp; ZF North America Capital Inc, 6.8750%, 4/23/32<sup>ž</sup> <br>| &nbsp;&nbsp; 10126000 | &nbsp;&nbsp;&nbsp;&nbsp; 9358864 |
|  |  | 192617503 |
| Consumer Non-Cyclical – 1.2% |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC, <br> 6.5000%, 2/15/28<sup>ž</sup> <br>| &nbsp;&nbsp; 14308000 | &nbsp;&nbsp; 14648940 |
| &nbsp;&nbsp;&nbsp; CVS Health Corp, 5.2500%, 2/21/33 | &nbsp;&nbsp;&nbsp;&nbsp; 2870000 | &nbsp;&nbsp;&nbsp;&nbsp; 2889174 |
| &nbsp;&nbsp;&nbsp; CVS Health Corp, 5.7000%, 6/1/34<sup>#</sup> <br>| &nbsp;&nbsp; 14746000 | &nbsp;&nbsp; 15182412 |
| &nbsp;&nbsp;&nbsp; CVS Health Corp, 4.7800%, 3/25/38 | &nbsp;&nbsp; 16581000 | &nbsp;&nbsp; 15216857 |
| &nbsp;&nbsp;&nbsp; HCA Inc, 5.8750%, 2/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; 4146000 | &nbsp;&nbsp;&nbsp;&nbsp; 4150499 |
| &nbsp;&nbsp;&nbsp; HCA Inc, 3.6250%, 3/15/32 | &nbsp;&nbsp; 10927000 | &nbsp;&nbsp; 10078909 |
| &nbsp;&nbsp;&nbsp; HCA Inc, 5.6000%, 4/1/34 | &nbsp;&nbsp; 16318000 | &nbsp;&nbsp; 16695718 |
| &nbsp;&nbsp;&nbsp; Illumina Inc, 5.8000%, 12/12/25 | &nbsp;&nbsp; 11709000 | &nbsp;&nbsp; 11759246 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; JBS USA LUX SA / JBS USA Food Co / JBS USA Finance Inc, 3.0000%, <br> 5/15/32<br>| &nbsp;&nbsp; 13810000 | &nbsp;&nbsp; 12090132 |
| &nbsp;&nbsp;&nbsp; Organon & Co / Organon Foreign Debt Co-Issuer BV, 6.7500%, 5/15/34<sup>ž</sup> <br>| &nbsp;&nbsp; 16373000 | &nbsp;&nbsp; 15723742 |
| &nbsp;&nbsp;&nbsp; Organon & Co / Organon Foreign Debt Co-Issuer BV, 7.8750%, 5/15/34<sup>ž</sup> <br>| &nbsp;&nbsp; 21790000 | &nbsp;&nbsp; 19677422 |
| &nbsp;&nbsp;&nbsp; Royalty Pharma PLC, 3.5500%, 9/2/50 | &nbsp;&nbsp; 14211000 | &nbsp;&nbsp;&nbsp;&nbsp; 9627687 |
| &nbsp;&nbsp;&nbsp; Solventum Corp, 5.4000%, 3/1/29 | &nbsp;&nbsp; 19797000 | &nbsp;&nbsp; 20386270 |
| &nbsp;&nbsp;&nbsp; Solventum Corp, 5.4500%, 3/13/31 | &nbsp;&nbsp; 30323000 | &nbsp;&nbsp; 31485932 |

---

------

---

| | | |
|:---|:---|:---|
|  | *Shares or*<br> *Principal Amounts*<br>| *Value* |
| Corporate Bonds – (continued) |  |  |
| Consumer Non-Cyclical – (continued) |  |  |
| &nbsp;&nbsp;&nbsp; Solventum Corp, 5.6000%, 3/23/34 | $39969000 | $41133927 |
| &nbsp;&nbsp;&nbsp; Solventum Corp, 6.0000%, 5/15/64 | &nbsp;&nbsp;&nbsp;&nbsp; 9646000 | &nbsp;&nbsp;&nbsp;&nbsp; 9560761 |
| &nbsp;&nbsp;&nbsp; Teva Pharmaceutical Finance Co LLC, 6.1500%, 2/1/36<sup>#</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 8271000 | &nbsp;&nbsp;&nbsp;&nbsp; 8503456 |
| &nbsp;&nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands III BV, 6.0000%, 12/1/32 | &nbsp;&nbsp; 14987000 | &nbsp;&nbsp; 15305039 |
| &nbsp;&nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands IV BV, 5.7500%, 12/1/30 | &nbsp;&nbsp; 11755000 | &nbsp;&nbsp; 11965825 |
| &nbsp;&nbsp;&nbsp; Universal Health Services Inc, 2.6500%, 10/15/30 | &nbsp;&nbsp; 30267000 | &nbsp;&nbsp; 26986621 |
|  |  | 313068569 |
| Electric – 0.4% |  |  |
| &nbsp;&nbsp;&nbsp; American Electric Power Co Inc, 5.6250%, 3/1/33 | &nbsp;&nbsp; 21563000 | &nbsp;&nbsp; 22415636 |
| &nbsp;&nbsp;&nbsp; Duke Energy Corp, 5.4500%, 6/15/34 | &nbsp;&nbsp; 35348000 | &nbsp;&nbsp; 36305250 |
| &nbsp;&nbsp;&nbsp; Duquesne Light Holdings Inc, 2.7750%, 1/7/32<sup>ž</sup> <br>| &nbsp;&nbsp; 16995000 | &nbsp;&nbsp; 14654461 |
| &nbsp;&nbsp;&nbsp; Exelon Corp, 5.4500%, 3/15/34 | &nbsp;&nbsp; 17447000 | &nbsp;&nbsp; 17901120 |
| &nbsp;&nbsp;&nbsp; National Grid PLC, 5.8090%, 6/12/33 | &nbsp;&nbsp; 16262000 | &nbsp;&nbsp; 17091416 |
| &nbsp;&nbsp;&nbsp; Xcel Energy Inc, 5.6000%, 4/15/35 | &nbsp;&nbsp; 12145000 | &nbsp;&nbsp; 12398978 |
|  |  | 120766861 |
| Energy – 1.1% |  |  |
| &nbsp;&nbsp;&nbsp; Cheniere Energy Inc, 5.6500%, 4/15/34 | &nbsp;&nbsp; 20937000 | &nbsp;&nbsp; 21443249 |
| &nbsp;&nbsp;&nbsp; Civitas Resources Inc, 8.6250%, 11/1/30<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 5452000 | &nbsp;&nbsp;&nbsp;&nbsp; 5535078 |
| &nbsp;&nbsp;&nbsp; Civitas Resources Inc, 8.7500%, 7/1/31<sup>ž</sup> <br>| &nbsp;&nbsp; 10106000 | &nbsp;&nbsp; 10218269 |
| &nbsp;&nbsp;&nbsp; Civitas Resources Inc, 9.6250%, 6/15/33<sup>ž</sup> <br>| &nbsp;&nbsp; 19592000 | &nbsp;&nbsp; 20085346 |
| &nbsp;&nbsp;&nbsp; Columbia Pipelines Operating Company LLC, 6.0360%, 11/15/33<sup>ž</sup> <br>| &nbsp;&nbsp; 12631000 | &nbsp;&nbsp; 13253492 |
| &nbsp;&nbsp;&nbsp; Columbia Pipelines Operating Company LLC, 6.4970%, 8/15/43<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 2548000 | &nbsp;&nbsp;&nbsp;&nbsp; 2631217 |
| &nbsp;&nbsp;&nbsp; Columbia Pipelines Operating Company LLC, 6.5440%, 11/15/53<sup>ž</sup> <br>| &nbsp;&nbsp; 13172000 | &nbsp;&nbsp; 13613782 |
| &nbsp;&nbsp;&nbsp; DT Midstream Inc, 4.1250%, 6/15/29<sup>ž</sup> <br>| &nbsp;&nbsp; 25682000 | &nbsp;&nbsp; 24804332 |
| &nbsp;&nbsp;&nbsp; DT Midstream Inc, 4.3750%, 6/15/31<sup>ž</sup> <br>| &nbsp;&nbsp; 41648000 | &nbsp;&nbsp; 39881479 |
| &nbsp;&nbsp;&nbsp; DT Midstream Inc, 4.3000%, 4/15/32<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 7191000 | &nbsp;&nbsp;&nbsp;&nbsp; 6728280 |
| &nbsp;&nbsp;&nbsp; Hess Midstream Operations LP, 5.1250%, 6/15/28<sup>ž</sup> <br>| &nbsp;&nbsp; 11121000 | &nbsp;&nbsp; 11042982 |
| &nbsp;&nbsp;&nbsp; Occidental Petroleum Corp, 5.2000%, 8/1/29 | &nbsp;&nbsp;&nbsp;&nbsp; 9302000 | &nbsp;&nbsp;&nbsp;&nbsp; 9331915 |
| &nbsp;&nbsp;&nbsp; Occidental Petroleum Corp, 8.8750%, 7/15/30 | &nbsp;&nbsp; 10356000 | &nbsp;&nbsp; 11833698 |
| &nbsp;&nbsp;&nbsp; Occidental Petroleum Corp, 6.6250%, 9/1/30 | &nbsp;&nbsp;&nbsp;&nbsp; 7296000 | &nbsp;&nbsp;&nbsp;&nbsp; 7714644 |
| &nbsp;&nbsp;&nbsp; Occidental Petroleum Corp, 6.1250%, 1/1/31 | &nbsp;&nbsp; 13083000 | &nbsp;&nbsp; 13543826 |
| &nbsp;&nbsp;&nbsp; Occidental Petroleum Corp, 5.3750%, 1/1/32 | &nbsp;&nbsp; 21392000 | &nbsp;&nbsp; 21215967 |
| &nbsp;&nbsp;&nbsp; Sunoco LP, 7.0000%, 5/1/29<sup>ž</sup> <br>| &nbsp;&nbsp; 22419000 | &nbsp;&nbsp; 23346765 |
| &nbsp;&nbsp;&nbsp; Sunoco LP, 7.2500%, 5/1/32<sup>ž</sup> <br>| &nbsp;&nbsp; 12629000 | &nbsp;&nbsp; 13260215 |
| &nbsp;&nbsp;&nbsp; Viper Energy Partners LP, 7.3750%, 11/1/31<sup>ž</sup> <br>| &nbsp;&nbsp; 19853000 | &nbsp;&nbsp; 21065724 |
|  |  | 290550260 |
| Finance Companies – 0.3% |  |  |
| &nbsp;&nbsp;&nbsp; Blackstone Private Credit Fund, 7.3000%, 11/27/28 | &nbsp;&nbsp; 14859000 | &nbsp;&nbsp; 15847044 |
| &nbsp;&nbsp;&nbsp; Blue Owl Credit Income Corp, 7.9500%, 6/13/28 | &nbsp;&nbsp;&nbsp;&nbsp; 8994000 | &nbsp;&nbsp;&nbsp;&nbsp; 9616249 |
| &nbsp;&nbsp;&nbsp; OWL Rock Core Income Corp, 4.7000%, 2/8/27 | &nbsp;&nbsp;&nbsp;&nbsp; 2729000 | &nbsp;&nbsp;&nbsp;&nbsp; 2711675 |
| &nbsp;&nbsp;&nbsp; Rocket Cos Inc, 6.1250%, 8/1/30<sup>ž</sup> <br>| &nbsp;&nbsp; 10068000 | &nbsp;&nbsp; 10259594 |
| &nbsp;&nbsp;&nbsp; Rocket Cos Inc, 6.3750%, 8/1/33<sup>ž</sup> <br>| &nbsp;&nbsp; 42189000 | &nbsp;&nbsp; 43167807 |
|  |  | &nbsp;&nbsp; 81602369 |
| Insurance – 1.2% |  |  |
| &nbsp;&nbsp;&nbsp; Aon North America Inc, 5.4500%, 3/1/34 | &nbsp;&nbsp; 45231000 | &nbsp;&nbsp; 46460783 |
| &nbsp;&nbsp;&nbsp; Arthur J Gallagher & Co, 5.0000%, 2/15/32 | &nbsp;&nbsp;&nbsp;&nbsp; 3263000 | &nbsp;&nbsp;&nbsp;&nbsp; 3306997 |
| &nbsp;&nbsp;&nbsp; Arthur J Gallagher & Co, 6.5000%, 2/15/34 | &nbsp;&nbsp; 10096000 | &nbsp;&nbsp; 11076641 |
| &nbsp;&nbsp;&nbsp; Arthur J Gallagher & Co, 5.1500%, 2/15/35 | &nbsp;&nbsp;&nbsp;&nbsp; 8158000 | &nbsp;&nbsp;&nbsp;&nbsp; 8161847 |
| &nbsp;&nbsp;&nbsp; Athene Global Funding, 2.6460%, 10/4/31<sup>ž</sup> <br>| &nbsp;&nbsp; 17357000 | &nbsp;&nbsp; 15037404 |
| &nbsp;&nbsp;&nbsp; Brown & Brown Inc, 4.9000%, 6/23/30 | &nbsp;&nbsp;&nbsp;&nbsp; 6298000 | &nbsp;&nbsp;&nbsp;&nbsp; 6356602 |
| &nbsp;&nbsp;&nbsp; Brown & Brown Inc, 5.2500%, 6/23/32 | &nbsp;&nbsp;&nbsp;&nbsp; 2767000 | &nbsp;&nbsp;&nbsp;&nbsp; 2822072 |
| &nbsp;&nbsp;&nbsp; Brown & Brown Inc, 5.5500%, 6/23/35 | &nbsp;&nbsp;&nbsp;&nbsp; 2939000 | &nbsp;&nbsp;&nbsp;&nbsp; 2997007 |
| &nbsp;&nbsp;&nbsp; Brown & Brown Inc, 4.9500%, 3/17/52 | &nbsp;&nbsp; 18886000 | &nbsp;&nbsp; 16341049 |
| &nbsp;&nbsp;&nbsp; Centene Corp, 4.2500%, 12/15/27 | &nbsp;&nbsp; 53971000 | &nbsp;&nbsp; 53153199 |
| &nbsp;&nbsp;&nbsp; Elevance Health Inc, 5.2000%, 2/15/35 | &nbsp;&nbsp; 13031000 | &nbsp;&nbsp; 13167386 |
| &nbsp;&nbsp;&nbsp; Health Care Service Corp, 5.2000%, 6/15/29<sup>ž</sup> <br>| &nbsp;&nbsp; 14413000 | &nbsp;&nbsp; 14708437 |
| &nbsp;&nbsp;&nbsp; Health Care Service Corp, 2.2000%, 6/1/30<sup>ž</sup> <br>| &nbsp;&nbsp; 13536000 | &nbsp;&nbsp; 12101697 |
| &nbsp;&nbsp;&nbsp; Health Care Service Corp, 5.4500%, 6/15/34<sup>ž</sup> <br>| &nbsp;&nbsp; 32502000 | &nbsp;&nbsp; 33024404 |
| &nbsp;&nbsp;&nbsp; Health Care Service Corp, 5.8750%, 6/15/54<sup>ž</sup> <br>| &nbsp;&nbsp; 13584000 | &nbsp;&nbsp; 13230417 |
| &nbsp;&nbsp;&nbsp; Humana Inc, 5.8750%, 3/1/33 | &nbsp;&nbsp;&nbsp;&nbsp; 5208000 | &nbsp;&nbsp;&nbsp;&nbsp; 5382135 |
| &nbsp;&nbsp;&nbsp; Humana Inc, 5.9500%, 3/15/34 | &nbsp;&nbsp; 14187000 | &nbsp;&nbsp; 14750688 |
| &nbsp;&nbsp;&nbsp; UnitedHealth Group Inc, 4.9500%, 1/15/32 | &nbsp;&nbsp; 32617000 | &nbsp;&nbsp; 33034336 |
| &nbsp;&nbsp;&nbsp; UnitedHealth Group Inc, 5.1500%, 7/15/34 | &nbsp;&nbsp; 13111000 | &nbsp;&nbsp; 13243389 |
|  |  | 318356490 |
| Professional Services – 0.2% |  |  |
| &nbsp;&nbsp;&nbsp; Booz Allen Hamilton Inc, 5.9500%, 8/4/33 | &nbsp;&nbsp; 22041000 | &nbsp;&nbsp; 22625402 |
| &nbsp;&nbsp;&nbsp; Booz Allen Hamilton Inc, 5.9500%, 4/15/35 | &nbsp;&nbsp; 20164000 | &nbsp;&nbsp; 20464222 |
|  |  | &nbsp;&nbsp; 43089624 |

---

------

---

| | | |
|:---|:---|:---|
|  | *Shares or*<br> *Principal Amounts*<br>| *Value* |
| Corporate Bonds – (continued) |  |  |
| Real Estate Investment Trusts (REITs) – 0.2% |  |  |
| &nbsp;&nbsp;&nbsp; American Tower Trust I, 5.4900%, 3/15/28<sup>ž</sup> <br>| $33827000 | &nbsp;&nbsp; $34256840 |
| &nbsp;&nbsp;&nbsp; Sun Communities Operating LP, 2.7000%, 7/15/31 | &nbsp;&nbsp; 21657000 | &nbsp;&nbsp;&nbsp;&nbsp; 19193038 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 53449878 |
| Technology – 0.7% |  |  |
| &nbsp;&nbsp;&nbsp; CACI International Inc, 6.3750%, 6/15/33<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 8503000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8774654 |
| &nbsp;&nbsp;&nbsp; Cadence Design Systems Inc, 4.7000%, 9/10/34 | &nbsp;&nbsp; 14339000 | &nbsp;&nbsp;&nbsp;&nbsp; 14165992 |
| &nbsp;&nbsp;&nbsp; Constellation Software Inc/Canada, 5.1580%, 2/16/29<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 6132000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6237522 |
| &nbsp;&nbsp;&nbsp; Constellation Software Inc/Canada, 5.4610%, 2/16/34<sup>ž</sup> <br>| &nbsp;&nbsp; 17820000 | &nbsp;&nbsp;&nbsp;&nbsp; 18177938 |
| &nbsp;&nbsp;&nbsp; Foundry JV Holdco LLC, 5.5000%, 1/25/31<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 5367000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5504911 |
| &nbsp;&nbsp;&nbsp; Foundry JV Holdco LLC, 5.9000%, 1/25/33<sup>ž</sup> <br>| &nbsp;&nbsp; 11728000 | &nbsp;&nbsp;&nbsp;&nbsp; 12158196 |
| &nbsp;&nbsp;&nbsp; Intel Corp, 2.4500%, 11/15/29 | &nbsp;&nbsp;&nbsp;&nbsp; 6546000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5981144 |
| &nbsp;&nbsp;&nbsp; Intel Corp, 5.7000%, 2/10/53 | &nbsp;&nbsp; 17047000 | &nbsp;&nbsp;&nbsp;&nbsp; 15864595 |
| &nbsp;&nbsp;&nbsp; Intel Corp, 5.6000%, 2/21/54 | &nbsp;&nbsp;&nbsp;&nbsp; 4262000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3909967 |
| &nbsp;&nbsp;&nbsp; Marvell Technology Inc, 1.6500%, 4/15/26 | &nbsp;&nbsp; 13225000 | &nbsp;&nbsp;&nbsp;&nbsp; 12923691 |
| &nbsp;&nbsp;&nbsp; Marvell Technology Inc, 4.7500%, 7/15/30 | &nbsp;&nbsp;&nbsp;&nbsp; 7347000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7379529 |
| &nbsp;&nbsp;&nbsp; Marvell Technology Inc, 5.4500%, 7/15/35 | &nbsp;&nbsp; 19195000 | &nbsp;&nbsp;&nbsp;&nbsp; 19328580 |
| &nbsp;&nbsp;&nbsp; MSCI Inc, 4.0000%, 11/15/29<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 4528000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4381676 |
| &nbsp;&nbsp;&nbsp; MSCI Inc, 3.6250%, 9/1/30<sup>ž</sup> <br>| &nbsp;&nbsp; 25762000 | &nbsp;&nbsp;&nbsp;&nbsp; 24163319 |
| &nbsp;&nbsp;&nbsp; MSCI Inc, 3.8750%, 2/15/31<sup>ž</sup> <br>| &nbsp;&nbsp; 21571000 | &nbsp;&nbsp;&nbsp;&nbsp; 20339529 |
| &nbsp;&nbsp;&nbsp; Synopsys Inc, 5.0000%, 4/1/32 | &nbsp;&nbsp; 14671000 | &nbsp;&nbsp;&nbsp;&nbsp; 14860755 |
| &nbsp;&nbsp;&nbsp; Western Digital Corp, 4.7500%, 2/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; 4400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4388423 |
|  |  | &nbsp;&nbsp; 198540421 |
| Transportation – 0% |  |  |
| &nbsp;&nbsp;&nbsp; GXO Logistics Inc, 1.6500%, 7/15/26 | &nbsp;&nbsp; 14940000 | &nbsp;&nbsp;&nbsp;&nbsp; 14450328 |
| Total Corporate Bonds (cost $2,816,397,001) |  | 2851522357 |
| Mortgage-Backed Securities – 7.7% |  |  |
| Fannie Mae: |  |  |
| &nbsp;&nbsp;&nbsp; 3.0000%, TBA, 30 Year Maturity | &nbsp;&nbsp;&nbsp;&nbsp; 1786867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1545665 |
| &nbsp;&nbsp;&nbsp; 3.5000%, TBA, 30 Year Maturity | &nbsp;&nbsp;&nbsp;&nbsp; 2838025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2555202 |
| &nbsp;&nbsp;&nbsp; 5.0000%, TBA, 30 Year Maturity | &nbsp;&nbsp;&nbsp;&nbsp; 1124000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1101723 |
| &nbsp;&nbsp;&nbsp; 6.0000%, TBA, 30 Year Maturity | &nbsp;&nbsp; 10617091 | &nbsp;&nbsp;&nbsp;&nbsp; 10790468 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 15993058 |
| Fannie Mae Pool: |  |  |
| &nbsp;&nbsp;&nbsp; 323282, 7.5000%, 7/1/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15622 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15988 |
| &nbsp;&nbsp;&nbsp; BO3223, 3.0000%, 10/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 757210 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 728022 |
| &nbsp;&nbsp;&nbsp; BO4725, 2.5000%, 11/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 612753 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 578530 |
| &nbsp;&nbsp;&nbsp; BO7717, 3.0000%, 11/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 315038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 303179 |
| &nbsp;&nbsp;&nbsp; BO5957, 3.0000%, 12/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 360148 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 345796 |
| &nbsp;&nbsp;&nbsp; FS3713, 2.5000%, 12/1/36 | &nbsp;&nbsp; 26577225 | &nbsp;&nbsp;&nbsp;&nbsp; 24987383 |
| &nbsp;&nbsp;&nbsp; 995757, 6.0000%, 2/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 151512 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 158669 |
| &nbsp;&nbsp;&nbsp; AL6997, 4.5000%, 11/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 868184 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 861786 |
| &nbsp;&nbsp;&nbsp; AB7563, 3.0000%, 1/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 559080 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 509613 |
| &nbsp;&nbsp;&nbsp; MA1363, 3.0000%, 2/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 124337 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 112874 |
| &nbsp;&nbsp;&nbsp; AT2957, 3.0000%, 5/1/43 | &nbsp;&nbsp;&nbsp;&nbsp; 1265287 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1143250 |
| &nbsp;&nbsp;&nbsp; AL5942, 5.0000%, 7/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 92338 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 92707 |
| &nbsp;&nbsp;&nbsp; AL5887, 4.5000%, 10/1/44 | &nbsp;&nbsp;&nbsp;&nbsp; 2078094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2048671 |
| &nbsp;&nbsp;&nbsp; AL6542, 4.5000%, 3/1/45 | &nbsp;&nbsp;&nbsp;&nbsp; 3368662 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3320966 |
| &nbsp;&nbsp;&nbsp; AL6842, 4.0000%, 5/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 585634 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 561921 |
| &nbsp;&nbsp;&nbsp; AL7381, 4.5000%, 6/1/45 | &nbsp;&nbsp;&nbsp;&nbsp; 1723596 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1695995 |
| &nbsp;&nbsp;&nbsp; BM3912, 3.0000%, 3/1/47 | &nbsp;&nbsp;&nbsp;&nbsp; 4027147 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3606492 |
| &nbsp;&nbsp;&nbsp; CA0108, 3.5000%, 8/1/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 676306 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 625976 |
| &nbsp;&nbsp;&nbsp; BH1902, 3.5000%, 12/1/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 262234 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 242719 |
| &nbsp;&nbsp;&nbsp; BM3282, 3.5000%, 12/1/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 205246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 189972 |
| &nbsp;&nbsp;&nbsp; BJ4559, 3.5000%, 1/1/48 | &nbsp;&nbsp;&nbsp;&nbsp; 1962022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1809815 |
| &nbsp;&nbsp;&nbsp; BJ4566, 4.0000%, 1/1/48 | &nbsp;&nbsp;&nbsp;&nbsp; 6928038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6585583 |
| &nbsp;&nbsp;&nbsp; BJ4567, 4.0000%, 1/1/48 | &nbsp;&nbsp;&nbsp;&nbsp; 2552668 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2425119 |
| &nbsp;&nbsp;&nbsp; CA4646, 3.0000%, 2/1/48 | &nbsp;&nbsp;&nbsp;&nbsp; 2623919 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2351990 |
| &nbsp;&nbsp;&nbsp; BJ5170, 3.5000%, 3/1/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 355828 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 328837 |
| &nbsp;&nbsp;&nbsp; BK1964, 4.0000%, 3/1/48 | &nbsp;&nbsp;&nbsp;&nbsp; 1985953 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1887196 |
| &nbsp;&nbsp;&nbsp; BK3211, 4.5000%, 3/1/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 86257 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 83945 |
| &nbsp;&nbsp;&nbsp; BJ9181, 5.0000%, 5/1/48 | &nbsp;&nbsp;&nbsp;&nbsp; 1973170 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1972971 |
| &nbsp;&nbsp;&nbsp; BN0012, 4.5000%, 8/1/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47399 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 46128 |
| &nbsp;&nbsp;&nbsp; MA3521, 4.0000%, 11/1/48 | &nbsp;&nbsp;&nbsp;&nbsp; 4871647 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4601928 |
| &nbsp;&nbsp;&nbsp; BN3899, 4.0000%, 12/1/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 720399 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 680514 |
| &nbsp;&nbsp;&nbsp; FM3664, 4.0000%, 3/1/49 | &nbsp;&nbsp;&nbsp;&nbsp; 2356620 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2226145 |
| &nbsp;&nbsp;&nbsp; CA3683, 4.5000%, 6/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 277674 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 269512 |
| &nbsp;&nbsp;&nbsp; BJ8459, 3.0000%, 8/1/49 | &nbsp;&nbsp;&nbsp;&nbsp; 2698504 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2339681 |
| &nbsp;&nbsp;&nbsp; BO4113, 3.0000%, 8/1/49 | &nbsp;&nbsp;&nbsp;&nbsp; 1359281 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1178536 |
| &nbsp;&nbsp;&nbsp; CA4035, 4.5000%, 8/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 442647 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 429636 |

---

------

---

| | | |
|:---|:---|:---|
|  | *Shares or*<br> *Principal Amounts*<br>| *Value* |
| Mortgage-Backed Securities – (continued) |  |  |
| Fannie Mae Pool – (continued) |  |  |
| &nbsp;&nbsp;&nbsp; MA3774, 3.0000%, 9/1/49 | $9437024 | $8277617 |
| &nbsp;&nbsp;&nbsp; BO2983, 3.0000%, 9/1/49 | &nbsp;&nbsp;&nbsp;&nbsp; 570920 | &nbsp;&nbsp;&nbsp;&nbsp; 508106 |
| &nbsp;&nbsp;&nbsp; MA3908, 4.5000%, 1/1/50 | &nbsp;&nbsp;&nbsp;&nbsp; 619997 | &nbsp;&nbsp;&nbsp;&nbsp; 601799 |
| &nbsp;&nbsp;&nbsp; CA5327, 2.5000%, 3/1/50 | &nbsp;&nbsp; 2101002 | &nbsp;&nbsp; 1746451 |
| &nbsp;&nbsp;&nbsp; CA5573, 4.0000%, 4/1/50 | &nbsp;&nbsp; 1909300 | &nbsp;&nbsp; 1793449 |
| &nbsp;&nbsp;&nbsp; MA4079, 3.0000%, 7/1/50 | &nbsp;&nbsp; 8090810 | &nbsp;&nbsp; 7081675 |
| &nbsp;&nbsp;&nbsp; BM7069, 4.5000%, 7/1/50 | 13379496 | 12772402 |
| &nbsp;&nbsp;&nbsp; CA6635, 2.5000%, 8/1/50 | 45533010 | 38627867 |
| &nbsp;&nbsp;&nbsp; BK2913, 2.5000%, 8/1/50 | &nbsp;&nbsp; 1732641 | &nbsp;&nbsp; 1475310 |
| &nbsp;&nbsp;&nbsp; FM5076, 4.0000%, 8/1/50 | &nbsp;&nbsp; 1619229 | &nbsp;&nbsp; 1520979 |
| &nbsp;&nbsp;&nbsp; FS2713, 4.5000%, 10/1/50 | 10160704 | &nbsp;&nbsp; 9888293 |
| &nbsp;&nbsp;&nbsp; FS2546, 4.0000%, 3/1/51 | &nbsp;&nbsp;&nbsp;&nbsp; 392210 | &nbsp;&nbsp;&nbsp;&nbsp; 370495 |
| &nbsp;&nbsp;&nbsp; MA4378, 2.0000%, 7/1/51 | 55333158 | 44033326 |
| &nbsp;&nbsp;&nbsp; FS0359, 2.5000%, 1/1/52 | 11825970 | &nbsp;&nbsp; 9973835 |
| &nbsp;&nbsp;&nbsp; CB2681, 3.5000%, 1/1/52 | &nbsp;&nbsp; 2216366 | &nbsp;&nbsp; 2030249 |
| &nbsp;&nbsp;&nbsp; FS0662, 2.5000%, 2/1/52 | 56844696 | 47906738 |
| &nbsp;&nbsp;&nbsp; FS5130, 2.5000%, 2/1/52 | 51330749 | 43194436 |
| &nbsp;&nbsp;&nbsp; CB2750, 2.5000%, 2/1/52 | 25404710 | 21244886 |
| &nbsp;&nbsp;&nbsp; CB2891, 3.0000%, 2/1/52 | 34165944 | 29939220 |
| &nbsp;&nbsp;&nbsp; BV2802, 3.0000%, 2/1/52 | &nbsp;&nbsp; 4645203 | &nbsp;&nbsp; 4060328 |
| &nbsp;&nbsp;&nbsp; CB2907, 3.5000%, 2/1/52 | &nbsp;&nbsp; 5954514 | &nbsp;&nbsp; 5454030 |
| &nbsp;&nbsp;&nbsp; CB3043, 2.5000%, 3/1/52 | 23627957 | 19912823 |
| &nbsp;&nbsp;&nbsp; FS1081, 2.5000%, 3/1/52 | 23387778 | 19637398 |
| &nbsp;&nbsp;&nbsp; FS5988, 2.5000%, 3/1/52 | 21498595 | 18057631 |
| &nbsp;&nbsp;&nbsp; CB3042, 2.5000%, 3/1/52 | &nbsp;&nbsp; 8733465 | &nbsp;&nbsp; 7370032 |
| &nbsp;&nbsp;&nbsp; BT2256, 2.5000%, 3/1/52 | &nbsp;&nbsp; 2088049 | &nbsp;&nbsp; 1753217 |
| &nbsp;&nbsp;&nbsp; BV2965, 2.5000%, 3/1/52 | &nbsp;&nbsp; 1695624 | &nbsp;&nbsp; 1423720 |
| &nbsp;&nbsp;&nbsp; BV5152, 2.5000%, 3/1/52 | &nbsp;&nbsp; 1613872 | &nbsp;&nbsp; 1360115 |
| &nbsp;&nbsp;&nbsp; BV2962, 2.5000%, 3/1/52 | &nbsp;&nbsp;&nbsp;&nbsp; 689069 | &nbsp;&nbsp;&nbsp;&nbsp; 580300 |
| &nbsp;&nbsp;&nbsp; BV4144, 3.0000%, 3/1/52 | 10600750 | &nbsp;&nbsp; 9280358 |
| &nbsp;&nbsp;&nbsp; CB3123, 3.5000%, 3/1/52 | 38643592 | 35346798 |
| &nbsp;&nbsp;&nbsp; FS1184, 3.5000%, 3/1/52 | &nbsp;&nbsp; 3676586 | &nbsp;&nbsp; 3367141 |
| &nbsp;&nbsp;&nbsp; CB3240, 3.0000%, 4/1/52 | 16955515 | 14839127 |
| &nbsp;&nbsp;&nbsp; BV5379, 3.0000%, 4/1/52 | &nbsp;&nbsp; 9248507 | &nbsp;&nbsp; 8142241 |
| &nbsp;&nbsp;&nbsp; BV5380, 3.0000%, 4/1/52 | &nbsp;&nbsp; 8116922 | &nbsp;&nbsp; 7104997 |
| &nbsp;&nbsp;&nbsp; BV5394, 3.5000%, 4/1/52 | &nbsp;&nbsp; 7677498 | &nbsp;&nbsp; 7017020 |
| &nbsp;&nbsp;&nbsp; FS1869, 3.5000%, 4/1/52 | &nbsp;&nbsp; 5702423 | &nbsp;&nbsp; 5215933 |
| &nbsp;&nbsp;&nbsp; BV5393, 3.5000%, 4/1/52 | &nbsp;&nbsp; 4130276 | &nbsp;&nbsp; 3779506 |
| &nbsp;&nbsp;&nbsp; FS1301, 3.5000%, 4/1/52 | &nbsp;&nbsp; 4059144 | &nbsp;&nbsp; 3684260 |
| &nbsp;&nbsp;&nbsp; BV8485, 3.5000%, 4/1/52 | &nbsp;&nbsp; 2524255 | &nbsp;&nbsp; 2307099 |
| &nbsp;&nbsp;&nbsp; BV4203, 3.5000%, 4/1/52 | &nbsp;&nbsp; 1429316 | &nbsp;&nbsp; 1308035 |
| &nbsp;&nbsp;&nbsp; BV8484, 3.5000%, 4/1/52 | &nbsp;&nbsp; 1376918 | &nbsp;&nbsp; 1259981 |
| &nbsp;&nbsp;&nbsp; BV7632, 4.5000%, 4/1/52 | &nbsp;&nbsp; 1297789 | &nbsp;&nbsp; 1245413 |
| &nbsp;&nbsp;&nbsp; BV6879, 4.5000%, 4/1/52 | &nbsp;&nbsp; 1092438 | &nbsp;&nbsp; 1048350 |
| &nbsp;&nbsp;&nbsp; BW0081, 4.5000%, 4/1/52 | &nbsp;&nbsp;&nbsp;&nbsp; 617443 | &nbsp;&nbsp;&nbsp;&nbsp; 592477 |
| &nbsp;&nbsp;&nbsp; BV7132, 4.5000%, 4/1/52 | &nbsp;&nbsp;&nbsp;&nbsp; 500241 | &nbsp;&nbsp;&nbsp;&nbsp; 480014 |
| &nbsp;&nbsp;&nbsp; BW0072, 4.5000%, 4/1/52 | &nbsp;&nbsp;&nbsp;&nbsp; 458438 | &nbsp;&nbsp;&nbsp;&nbsp; 439937 |
| &nbsp;&nbsp;&nbsp; BV7131, 4.5000%, 4/1/52 | &nbsp;&nbsp;&nbsp;&nbsp; 347264 | &nbsp;&nbsp;&nbsp;&nbsp; 333226 |
| &nbsp;&nbsp;&nbsp; FS6926, 2.5000%, 5/1/52 | 59669833 | 50157331 |
| &nbsp;&nbsp;&nbsp; CB3501, 3.5000%, 5/1/52 | &nbsp;&nbsp; 6896777 | &nbsp;&nbsp; 6261171 |
| &nbsp;&nbsp;&nbsp; BV8544, 3.5000%, 5/1/52 | &nbsp;&nbsp; 4088884 | &nbsp;&nbsp; 3736823 |
| &nbsp;&nbsp;&nbsp; FS3377, 4.0000%, 5/1/52 | &nbsp;&nbsp; 8368173 | &nbsp;&nbsp; 7904869 |
| &nbsp;&nbsp;&nbsp; BW0343, 4.5000%, 5/1/52 | &nbsp;&nbsp; 1784015 | &nbsp;&nbsp; 1711879 |
| &nbsp;&nbsp;&nbsp; FS9074, 3.0000%, 6/1/52 | 47322930 | 41277739 |
| &nbsp;&nbsp;&nbsp; FS5668, 3.0000%, 6/1/52 | 12382566 | 10800775 |
| &nbsp;&nbsp;&nbsp; FS9620, 3.0000%, 6/1/52 | &nbsp;&nbsp; 7343113 | &nbsp;&nbsp; 6418810 |
| &nbsp;&nbsp;&nbsp; FS3160, 3.0000%, 6/1/52 | &nbsp;&nbsp; 4720376 | &nbsp;&nbsp; 4124941 |
| &nbsp;&nbsp;&nbsp; CB3837, 3.5000%, 6/1/52 | 24895493 | 22765816 |
| &nbsp;&nbsp;&nbsp; FS2144, 3.5000%, 6/1/52 | 14247314 | 13044870 |
| &nbsp;&nbsp;&nbsp; FS5491, 3.0000%, 7/1/52 | 20349062 | 17782201 |
| &nbsp;&nbsp;&nbsp; FS5339, 3.0000%, 7/1/52 | 11760125 | 10278049 |
| &nbsp;&nbsp;&nbsp; CB4076, 3.5000%, 7/1/52 | &nbsp;&nbsp; 3601757 | &nbsp;&nbsp; 3293646 |
| &nbsp;&nbsp;&nbsp; CB4329, 3.5000%, 7/1/52 | &nbsp;&nbsp; 1259661 | &nbsp;&nbsp; 1153251 |
| &nbsp;&nbsp;&nbsp; BW0972, 4.5000%, 7/1/52 | &nbsp;&nbsp; 6714095 | &nbsp;&nbsp; 6454721 |
| &nbsp;&nbsp;&nbsp; CB4320, 3.5000%, 8/1/52 | &nbsp;&nbsp; 2519529 | &nbsp;&nbsp; 2303802 |
| &nbsp;&nbsp;&nbsp; BW7369, 5.0000%, 10/1/52 | &nbsp;&nbsp; 5859736 | &nbsp;&nbsp; 5794543 |
| &nbsp;&nbsp;&nbsp; BW1288, 5.0000%, 10/1/52 | &nbsp;&nbsp; 2615382 | &nbsp;&nbsp; 2584856 |
| &nbsp;&nbsp;&nbsp; BT8021, 5.0000%, 1/1/53 | &nbsp;&nbsp; 2367727 | &nbsp;&nbsp; 2340808 |
| &nbsp;&nbsp;&nbsp; BX5759, 5.0000%, 1/1/53 | &nbsp;&nbsp;&nbsp;&nbsp; 807954 | &nbsp;&nbsp;&nbsp;&nbsp; 798398 |

---

------

---

| | | |
|:---|:---|:---|
|  | *Shares or*<br> *Principal Amounts*<br>| *Value* |
| Mortgage-Backed Securities – (continued) |  |  |
| Fannie Mae Pool – (continued) |  |  |
| &nbsp;&nbsp;&nbsp; BX5969, 5.0000%, 2/1/53 | &nbsp;&nbsp; $967055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $955903 |
| &nbsp;&nbsp;&nbsp; BX8071, 5.0000%, 3/1/53 | &nbsp;&nbsp;&nbsp;&nbsp; 590327 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 582368 |
| &nbsp;&nbsp;&nbsp; BX7860, 5.5000%, 3/1/53 | &nbsp;&nbsp;&nbsp;&nbsp; 319219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 322927 |
| &nbsp;&nbsp;&nbsp; BX9351, 5.0000%, 4/1/53 | &nbsp;&nbsp; 1148875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1133385 |
| &nbsp;&nbsp;&nbsp; BY0782, 5.5000%, 4/1/53 | &nbsp;&nbsp;&nbsp;&nbsp; 181898 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 183986 |
| &nbsp;&nbsp;&nbsp; BY1920, 5.0000%, 5/1/53 | &nbsp;&nbsp;&nbsp;&nbsp; 585549 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 577618 |
| &nbsp;&nbsp;&nbsp; BY1896, 5.5000%, 5/1/53 | &nbsp;&nbsp;&nbsp;&nbsp; 334246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 338061 |
| &nbsp;&nbsp;&nbsp; BY0866, 5.5000%, 5/1/53 | &nbsp;&nbsp;&nbsp;&nbsp; 172542 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 174511 |
| &nbsp;&nbsp;&nbsp; BY3263, 5.0000%, 6/1/53 | &nbsp;&nbsp; 1161533 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1145654 |
| &nbsp;&nbsp;&nbsp; BY2783, 5.0000%, 6/1/53 | &nbsp;&nbsp;&nbsp;&nbsp; 706199 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 696589 |
| &nbsp;&nbsp;&nbsp; FS5292, 5.5000%, 6/1/53 | 29024437 | &nbsp;&nbsp;&nbsp;&nbsp; 29413938 |
| &nbsp;&nbsp;&nbsp; BY4284, 5.5000%, 6/1/53 | &nbsp;&nbsp;&nbsp;&nbsp; 478006 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 484702 |
| &nbsp;&nbsp;&nbsp; CB6686, 4.5000%, 7/1/53 | &nbsp;&nbsp; 3158210 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3060002 |
| &nbsp;&nbsp;&nbsp; FS9027, 5.5000%, 7/1/53 | 57732375 | &nbsp;&nbsp;&nbsp;&nbsp; 58403246 |
| &nbsp;&nbsp;&nbsp; BY6374, 5.5000%, 7/1/53 | &nbsp;&nbsp; 1371686 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1387158 |
| &nbsp;&nbsp;&nbsp; BY7004, 5.5000%, 7/1/53 | &nbsp;&nbsp;&nbsp;&nbsp; 645806 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 654746 |
| &nbsp;&nbsp;&nbsp; BY6690, 5.0000%, 8/1/53 | &nbsp;&nbsp;&nbsp;&nbsp; 693715 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 685430 |
| &nbsp;&nbsp;&nbsp; CB7112, 5.5000%, 9/1/53 | 22581843 | &nbsp;&nbsp;&nbsp;&nbsp; 22867089 |
| &nbsp;&nbsp;&nbsp; CB7430, 5.5000%, 11/1/53 | &nbsp;&nbsp; 6493995 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6603960 |
| &nbsp;&nbsp;&nbsp; FS8037, 6.0000%, 1/1/54 | &nbsp;&nbsp; 6568342 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6793994 |
| &nbsp;&nbsp;&nbsp; CB8221, 5.5000%, 3/1/54 | 39558379 | &nbsp;&nbsp;&nbsp;&nbsp; 39768272 |
| &nbsp;&nbsp;&nbsp; CB8134, 5.5000%, 3/1/54 | 12037430 | &nbsp;&nbsp;&nbsp;&nbsp; 12237950 |
| &nbsp;&nbsp;&nbsp; FS7607, 6.0000%, 3/1/54 | &nbsp;&nbsp; 5652178 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5832210 |
| &nbsp;&nbsp;&nbsp; FS7643, 6.0000%, 4/1/54 | 13704100 | &nbsp;&nbsp;&nbsp;&nbsp; 14137368 |
| &nbsp;&nbsp;&nbsp; CB8543, 6.0000%, 5/1/54 | 36609113 | &nbsp;&nbsp;&nbsp;&nbsp; 37650559 |
| &nbsp;&nbsp;&nbsp; CB8818, 5.0000%, 7/1/54 | 10627592 | &nbsp;&nbsp;&nbsp;&nbsp; 10478092 |
| &nbsp;&nbsp;&nbsp; FS9246, 5.5000%, 10/1/54 | &nbsp;&nbsp; 6881582 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6956511 |
| &nbsp;&nbsp;&nbsp; CB9612, 5.5000%, 12/1/54 | 26534376 | &nbsp;&nbsp;&nbsp;&nbsp; 26654320 |
| &nbsp;&nbsp;&nbsp; BF0130, 3.5000%, 8/1/56 | &nbsp;&nbsp; 8893295 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8037397 |
| &nbsp;&nbsp;&nbsp; BF0167, 3.0000%, 2/1/57 | &nbsp;&nbsp; 8870967 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7594902 |
| &nbsp;&nbsp;&nbsp; BF0189, 3.0000%, 6/1/57 | &nbsp;&nbsp;&nbsp;&nbsp; 164563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 140395 |
| &nbsp;&nbsp;&nbsp; BF0619, 2.5000%, 3/1/62 | 53523842 | &nbsp;&nbsp;&nbsp;&nbsp; 43022400 |
| &nbsp;&nbsp;&nbsp; BF0598, 2.5000%, 3/1/62 | 17628445 | &nbsp;&nbsp;&nbsp;&nbsp; 14458130 |
|  |  | 1125159757 |
| Freddie Mac Gold Pool: |  |  |
| &nbsp;&nbsp;&nbsp; Q58477, 4.0000%, 9/1/48 | &nbsp;&nbsp; 1397425 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1321781 |
| Freddie Mac Pool: |  |  |
| &nbsp;&nbsp;&nbsp; ZS7403, 3.0000%, 5/1/31 | &nbsp;&nbsp; 6235694 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6076411 |
| &nbsp;&nbsp;&nbsp; ZK8962, 3.0000%, 9/1/32 | &nbsp;&nbsp; 1668206 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1615136 |
| &nbsp;&nbsp;&nbsp; ZK9009, 3.0000%, 10/1/32 | &nbsp;&nbsp;&nbsp;&nbsp; 828436 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 801251 |
| &nbsp;&nbsp;&nbsp; ZK9085, 3.0000%, 12/1/32 | &nbsp;&nbsp;&nbsp;&nbsp; 465667 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 451013 |
| &nbsp;&nbsp;&nbsp; ZK9163, 3.0000%, 1/1/33 | &nbsp;&nbsp; 1080466 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1045584 |
| &nbsp;&nbsp;&nbsp; SB0040, 2.5000%, 12/1/33 | &nbsp;&nbsp; 7025881 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6759145 |
| &nbsp;&nbsp;&nbsp; QN0786, 3.0000%, 10/1/34 | &nbsp;&nbsp; 2025332 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1946631 |
| &nbsp;&nbsp;&nbsp; QN0783, 3.0000%, 10/1/34 | &nbsp;&nbsp;&nbsp;&nbsp; 874524 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 839689 |
| &nbsp;&nbsp;&nbsp; SB0116, 2.5000%, 11/1/34 | &nbsp;&nbsp; 2339367 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2210437 |
| &nbsp;&nbsp;&nbsp; QN0951, 2.5000%, 11/1/34 | &nbsp;&nbsp;&nbsp;&nbsp; 624667 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 590361 |
| &nbsp;&nbsp;&nbsp; SB0866, 2.5000%, 6/1/37 | 20640781 | &nbsp;&nbsp;&nbsp;&nbsp; 19293922 |
| &nbsp;&nbsp;&nbsp; ZS3695, 6.0000%, 4/1/40 | &nbsp;&nbsp; 2170784 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2277495 |
| &nbsp;&nbsp;&nbsp; ZT1145, 4.5000%, 5/1/44 | &nbsp;&nbsp;&nbsp;&nbsp; 667757 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 657063 |
| &nbsp;&nbsp;&nbsp; ZT1167, 4.0000%, 4/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17711 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16919 |
| &nbsp;&nbsp;&nbsp; ZT1257, 3.0000%, 1/1/46 | &nbsp;&nbsp;&nbsp;&nbsp; 375687 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 341120 |
| &nbsp;&nbsp;&nbsp; ZM1434, 3.5000%, 7/1/46 | &nbsp;&nbsp; 1586246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1466773 |
| &nbsp;&nbsp;&nbsp; ZT1633, 4.0000%, 3/1/47 | &nbsp;&nbsp;&nbsp;&nbsp; 772005 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 735311 |
| &nbsp;&nbsp;&nbsp; ZT0534, 3.5000%, 12/1/47 | &nbsp;&nbsp; 4914824 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4529079 |
| &nbsp;&nbsp;&nbsp; ZM5707, 3.5000%, 2/1/48 | &nbsp;&nbsp; 1805911 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1659620 |
| &nbsp;&nbsp;&nbsp; ZM5945, 4.0000%, 3/1/48 | &nbsp;&nbsp; 1648925 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1566927 |
| &nbsp;&nbsp;&nbsp; ZM5865, 4.5000%, 3/1/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 79433 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 77303 |
| &nbsp;&nbsp;&nbsp; ZM6276, 4.0000%, 4/1/48 | &nbsp;&nbsp; 1909925 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1813588 |
| &nbsp;&nbsp;&nbsp; ZM6220, 4.0000%, 4/1/48 | &nbsp;&nbsp; 1815263 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1714761 |
| &nbsp;&nbsp;&nbsp; ZM6427, 4.0000%, 5/1/48 | &nbsp;&nbsp; 3252054 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3072004 |
| &nbsp;&nbsp;&nbsp; ZM7182, 4.5000%, 7/1/48 | &nbsp;&nbsp;&nbsp;&nbsp; 577392 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 561912 |
| &nbsp;&nbsp;&nbsp; ZM7926, 5.0000%, 9/1/48 | &nbsp;&nbsp;&nbsp;&nbsp; 105398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 104896 |
| &nbsp;&nbsp;&nbsp; ZT1320, 4.0000%, 11/1/48 | &nbsp;&nbsp;&nbsp;&nbsp; 436273 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 412119 |
| &nbsp;&nbsp;&nbsp; SI2017, 4.0000%, 12/1/48 | &nbsp;&nbsp; 5440287 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5139121 |
| &nbsp;&nbsp;&nbsp; ZN2165, 4.5000%, 12/1/48 | &nbsp;&nbsp; 1616303 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1572930 |
| &nbsp;&nbsp;&nbsp; ZA7158, 4.5000%, 6/1/49 | &nbsp;&nbsp;&nbsp;&nbsp; 394433 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 380458 |
| &nbsp;&nbsp;&nbsp; RA1087, 4.5000%, 7/1/49 | &nbsp;&nbsp; 2814983 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2715246 |
| &nbsp;&nbsp;&nbsp; RA1088, 4.5000%, 7/1/49 | &nbsp;&nbsp;&nbsp;&nbsp; 507731 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 492807 |

---

------

---

| | | |
|:---|:---|:---|
|  | *Shares or*<br> *Principal Amounts*<br>| *Value* |
| Mortgage-Backed Securities – (continued) |  |  |
| Freddie Mac Pool – (continued) |  |  |
| &nbsp;&nbsp;&nbsp; QA2159, 3.0000%, 8/1/49 | &nbsp;&nbsp; $772667 | &nbsp;&nbsp; $669924 |
| &nbsp;&nbsp;&nbsp; RA1188, 4.5000%, 8/1/49 | &nbsp;&nbsp; 2784896 | &nbsp;&nbsp; 2686225 |
| &nbsp;&nbsp;&nbsp; QA4936, 3.0000%, 12/1/49 | &nbsp;&nbsp;&nbsp;&nbsp; 899600 | &nbsp;&nbsp;&nbsp;&nbsp; 789077 |
| &nbsp;&nbsp;&nbsp; QA5622, 3.0000%, 12/1/49 | &nbsp;&nbsp;&nbsp;&nbsp; 771323 | &nbsp;&nbsp;&nbsp;&nbsp; 676561 |
| &nbsp;&nbsp;&nbsp; RA1999, 4.5000%, 1/1/50 | &nbsp;&nbsp; 1873353 | &nbsp;&nbsp; 1806979 |
| &nbsp;&nbsp;&nbsp; SD8040, 4.5000%, 1/1/50 | &nbsp;&nbsp;&nbsp;&nbsp; 472522 | &nbsp;&nbsp;&nbsp;&nbsp; 458653 |
| &nbsp;&nbsp;&nbsp; QA8274, 3.5000%, 3/1/50 | &nbsp;&nbsp;&nbsp;&nbsp; 571952 | &nbsp;&nbsp;&nbsp;&nbsp; 517902 |
| &nbsp;&nbsp;&nbsp; SD1551, 4.0000%, 3/1/50 | &nbsp;&nbsp; 5215326 | &nbsp;&nbsp; 4926580 |
| &nbsp;&nbsp;&nbsp; SE9056, 4.5000%, 3/1/50 | &nbsp;&nbsp; 6121503 | &nbsp;&nbsp; 5828167 |
| &nbsp;&nbsp;&nbsp; QB1708, 2.5000%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp; 931203 | &nbsp;&nbsp;&nbsp;&nbsp; 793189 |
| &nbsp;&nbsp;&nbsp; QB2976, 2.5000%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp; 366084 | &nbsp;&nbsp;&nbsp;&nbsp; 311713 |
| &nbsp;&nbsp;&nbsp; QB3353, 2.5000%, 9/1/50 | &nbsp;&nbsp; 1636247 | &nbsp;&nbsp; 1392726 |
| &nbsp;&nbsp;&nbsp; SD1143, 4.5000%, 9/1/50 | 15200994 | 14793452 |
| &nbsp;&nbsp;&nbsp; RA5285, 2.5000%, 5/1/51 | 36928302 | 30973024 |
| &nbsp;&nbsp;&nbsp; SD1137, 2.5000%, 6/1/51 | 14151899 | 11979475 |
| &nbsp;&nbsp;&nbsp; QC5848, 2.5000%, 8/1/51 | 42220598 | 35385715 |
| &nbsp;&nbsp;&nbsp; RA5906, 2.5000%, 9/1/51 | 34553577 | 29055774 |
| &nbsp;&nbsp;&nbsp; SD0688, 2.5000%, 10/1/51 | 37195628 | 31253785 |
| &nbsp;&nbsp;&nbsp; SD7548, 2.5000%, 11/1/51 | 12618213 | 10661521 |
| &nbsp;&nbsp;&nbsp; QD6087, 2.5000%, 1/1/52 | &nbsp;&nbsp; 3646755 | &nbsp;&nbsp; 3082829 |
| &nbsp;&nbsp;&nbsp; QD4842, 2.5000%, 1/1/52 | &nbsp;&nbsp; 2335781 | &nbsp;&nbsp; 1973859 |
| &nbsp;&nbsp;&nbsp; QD7069, 2.5000%, 2/1/52 | &nbsp;&nbsp; 5565180 | &nbsp;&nbsp; 4690141 |
| &nbsp;&nbsp;&nbsp; QD9513, 2.5000%, 2/1/52 | &nbsp;&nbsp; 3330757 | &nbsp;&nbsp; 2785602 |
| &nbsp;&nbsp;&nbsp; QD6554, 3.0000%, 2/1/52 | &nbsp;&nbsp; 2991749 | &nbsp;&nbsp; 2619443 |
| &nbsp;&nbsp;&nbsp; QD6555, 3.0000%, 2/1/52 | &nbsp;&nbsp; 1940565 | &nbsp;&nbsp; 1708878 |
| &nbsp;&nbsp;&nbsp; SD0931, 2.5000%, 3/1/52 | 27813092 | 23335631 |
| &nbsp;&nbsp;&nbsp; QD8288, 2.5000%, 3/1/52 | &nbsp;&nbsp;&nbsp;&nbsp; 911312 | &nbsp;&nbsp;&nbsp;&nbsp; 765178 |
| &nbsp;&nbsp;&nbsp; QD9182, 3.0000%, 3/1/52 | &nbsp;&nbsp; 2813552 | &nbsp;&nbsp; 2477322 |
| &nbsp;&nbsp;&nbsp; QE0318, 4.5000%, 3/1/52 | &nbsp;&nbsp;&nbsp;&nbsp; 291254 | &nbsp;&nbsp;&nbsp;&nbsp; 279500 |
| &nbsp;&nbsp;&nbsp; QE0354, 3.5000%, 4/1/52 | &nbsp;&nbsp; 2933160 | &nbsp;&nbsp; 2680827 |
| &nbsp;&nbsp;&nbsp; QE1072, 3.5000%, 4/1/52 | &nbsp;&nbsp; 2868140 | &nbsp;&nbsp; 2621400 |
| &nbsp;&nbsp;&nbsp; SD0943, 3.5000%, 4/1/52 | &nbsp;&nbsp; 2399235 | &nbsp;&nbsp; 2197577 |
| &nbsp;&nbsp;&nbsp; QE1073, 3.5000%, 4/1/52 | &nbsp;&nbsp;&nbsp;&nbsp; 854613 | &nbsp;&nbsp;&nbsp;&nbsp; 782034 |
| &nbsp;&nbsp;&nbsp; QD9191, 3.5000%, 4/1/52 | &nbsp;&nbsp;&nbsp;&nbsp; 718181 | &nbsp;&nbsp;&nbsp;&nbsp; 657242 |
| &nbsp;&nbsp;&nbsp; SD8212, 2.5000%, 5/1/52 | 13004413 | 10823673 |
| &nbsp;&nbsp;&nbsp; SD3493, 2.5000%, 5/1/52 | 11597685 | &nbsp;&nbsp; 9752184 |
| &nbsp;&nbsp;&nbsp; SD7023, 3.0000%, 6/1/52 | 16208510 | 14137636 |
| &nbsp;&nbsp;&nbsp; SD1840, 3.0000%, 6/1/52 | 11483921 | 10035322 |
| &nbsp;&nbsp;&nbsp; SD1150, 3.5000%, 6/1/52 | &nbsp;&nbsp; 4765459 | &nbsp;&nbsp; 4364916 |
| &nbsp;&nbsp;&nbsp; QF0488, 5.5000%, 9/1/52 | &nbsp;&nbsp; 6268491 | &nbsp;&nbsp; 6327538 |
| &nbsp;&nbsp;&nbsp; QF2386, 5.0000%, 10/1/52 | 11279513 | 11134484 |
| &nbsp;&nbsp;&nbsp; QF2145, 5.0000%, 10/1/52 | &nbsp;&nbsp;&nbsp;&nbsp; 361452 | &nbsp;&nbsp;&nbsp;&nbsp; 356804 |
| &nbsp;&nbsp;&nbsp; QF2437, 5.5000%, 10/1/52 | &nbsp;&nbsp;&nbsp;&nbsp; 380748 | &nbsp;&nbsp;&nbsp;&nbsp; 387464 |
| &nbsp;&nbsp;&nbsp; QF7813, 5.0000%, 1/1/53 | &nbsp;&nbsp;&nbsp;&nbsp; 467211 | &nbsp;&nbsp;&nbsp;&nbsp; 461862 |
| &nbsp;&nbsp;&nbsp; QF6841, 5.0000%, 1/1/53 | &nbsp;&nbsp;&nbsp;&nbsp; 407451 | &nbsp;&nbsp;&nbsp;&nbsp; 402132 |
| &nbsp;&nbsp;&nbsp; QF8398, 5.0000%, 3/1/53 | &nbsp;&nbsp; 1682972 | &nbsp;&nbsp; 1660387 |
| &nbsp;&nbsp;&nbsp; QF9871, 5.0000%, 3/1/53 | &nbsp;&nbsp; 1618563 | &nbsp;&nbsp; 1596741 |
| &nbsp;&nbsp;&nbsp; QG1442, 5.0000%, 4/1/53 | &nbsp;&nbsp; 1865087 | &nbsp;&nbsp; 1834112 |
| &nbsp;&nbsp;&nbsp; QG2380, 5.0000%, 5/1/53 | &nbsp;&nbsp; 5483958 | &nbsp;&nbsp; 5409330 |
| &nbsp;&nbsp;&nbsp; QG3598, 5.0000%, 5/1/53 | &nbsp;&nbsp; 3233244 | &nbsp;&nbsp; 3189245 |
| &nbsp;&nbsp;&nbsp; QG3742, 5.0000%, 5/1/53 | &nbsp;&nbsp;&nbsp;&nbsp; 418994 | &nbsp;&nbsp;&nbsp;&nbsp; 413292 |
| &nbsp;&nbsp;&nbsp; SD2897, 5.5000%, 5/1/53 | &nbsp;&nbsp; 4447257 | &nbsp;&nbsp; 4474594 |
| &nbsp;&nbsp;&nbsp; QG2543, 5.5000%, 5/1/53 | &nbsp;&nbsp;&nbsp;&nbsp; 508722 | &nbsp;&nbsp;&nbsp;&nbsp; 514528 |
| &nbsp;&nbsp;&nbsp; QG4742, 5.0000%, 6/1/53 | &nbsp;&nbsp; 2219529 | &nbsp;&nbsp; 2181935 |
| &nbsp;&nbsp;&nbsp; QG5161, 5.0000%, 6/1/53 | &nbsp;&nbsp; 2077740 | &nbsp;&nbsp; 2041849 |
| &nbsp;&nbsp;&nbsp; QG5055, 5.0000%, 6/1/53 | &nbsp;&nbsp; 1776747 | &nbsp;&nbsp; 1746653 |
| &nbsp;&nbsp;&nbsp; QG3917, 5.0000%, 6/1/53 | &nbsp;&nbsp; 1335791 | &nbsp;&nbsp; 1317613 |
| &nbsp;&nbsp;&nbsp; QG4676, 5.0000%, 6/1/53 | &nbsp;&nbsp;&nbsp;&nbsp; 843621 | &nbsp;&nbsp;&nbsp;&nbsp; 829048 |
| &nbsp;&nbsp;&nbsp; QG3912, 5.5000%, 6/1/53 | &nbsp;&nbsp; 1679998 | &nbsp;&nbsp; 1699172 |
| &nbsp;&nbsp;&nbsp; QG4741, 5.5000%, 6/1/53 | &nbsp;&nbsp; 1259566 | &nbsp;&nbsp; 1261346 |
| &nbsp;&nbsp;&nbsp; QG6693, 5.5000%, 7/1/53 | &nbsp;&nbsp; 6159025 | &nbsp;&nbsp; 6228495 |
| &nbsp;&nbsp;&nbsp; QG7441, 5.5000%, 7/1/53 | &nbsp;&nbsp; 3344481 | &nbsp;&nbsp; 3382205 |
| &nbsp;&nbsp;&nbsp; SD4294, 5.5000%, 9/1/53 | &nbsp;&nbsp; 4667254 | &nbsp;&nbsp; 4744587 |
| &nbsp;&nbsp;&nbsp; RA9851, 6.0000%, 9/1/53 | 36796408 | 37841249 |
| &nbsp;&nbsp;&nbsp; SD4009, 6.0000%, 9/1/53 | 11444874 | 11814948 |
| &nbsp;&nbsp;&nbsp; SD4668, 6.0000%, 10/1/53 | 19136526 | 19572489 |
| &nbsp;&nbsp;&nbsp; SD4247, 6.5000%, 11/1/53 | 14485366 | 15165122 |
| &nbsp;&nbsp;&nbsp; SD5067, 5.5000%, 3/1/54 | &nbsp;&nbsp; 6298981 | &nbsp;&nbsp; 6376604 |
| &nbsp;&nbsp;&nbsp; QI2699, 5.5000%, 4/1/54 | &nbsp;&nbsp; 3185544 | &nbsp;&nbsp; 3243113 |

---

------

---

| | | |
|:---|:---|:---|
|  | *Shares or*<br> *Principal Amounts*<br>| *Value* |
| Mortgage-Backed Securities – (continued) |  |  |
| Freddie Mac Pool – (continued) |  |  |
| &nbsp;&nbsp;&nbsp; RJ1341, 6.0000%, 4/1/54 | $26629953 | &nbsp;&nbsp; $27387515 |
| &nbsp;&nbsp;&nbsp; RJ2292, 5.5000%, 9/1/54 | &nbsp;&nbsp; 25637909 | &nbsp;&nbsp;&nbsp;&nbsp; 25924988 |
| &nbsp;&nbsp;&nbsp; RJ2663, 5.0000%, 10/1/54 | &nbsp;&nbsp;&nbsp;&nbsp; 9256749 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9126532 |
| &nbsp;&nbsp;&nbsp; RJ3021, 5.5000%, 12/1/54 | &nbsp;&nbsp; 42665785 | &nbsp;&nbsp;&nbsp;&nbsp; 42858648 |
| &nbsp;&nbsp;&nbsp; SL1226, 5.5000%, 5/1/55 | &nbsp;&nbsp;&nbsp;&nbsp; 8263604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8361682 |
| &nbsp;&nbsp;&nbsp; RJ4363, 5.5000%, 6/1/55 | &nbsp;&nbsp;&nbsp;&nbsp; 1232000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1247861 |
|  |  | &nbsp;&nbsp; 632184835 |
| Ginnie Mae: |  |  |
| &nbsp;&nbsp;&nbsp; 2.5000%, TBA, 30 Year Maturity | &nbsp;&nbsp; 32578133 | &nbsp;&nbsp;&nbsp;&nbsp; 27679587 |
| &nbsp;&nbsp;&nbsp; 3.5000%, TBA, 30 Year Maturity | &nbsp;&nbsp; 20258806 | &nbsp;&nbsp;&nbsp;&nbsp; 18413310 |
| &nbsp;&nbsp;&nbsp; 4.0000%, TBA, 30 Year Maturity | &nbsp;&nbsp; 11351459 | &nbsp;&nbsp;&nbsp;&nbsp; 10551227 |
| &nbsp;&nbsp;&nbsp; 5.0000%, TBA, 30 Year Maturity | &nbsp;&nbsp; 18848683 | &nbsp;&nbsp;&nbsp;&nbsp; 18513497 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 75157621 |
| Ginnie Mae I Pool: |  |  |
| &nbsp;&nbsp;&nbsp; 625655, 6.0000%, 1/15/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40194 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 42174 |
| &nbsp;&nbsp;&nbsp; 784059, 4.0000%, 1/15/45 | &nbsp;&nbsp;&nbsp;&nbsp; 7365341 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7026604 |
| &nbsp;&nbsp;&nbsp; 784182, 4.5000%, 8/15/46 | &nbsp;&nbsp;&nbsp;&nbsp; 9616719 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9399043 |
| &nbsp;&nbsp;&nbsp; BB4357, 4.0000%, 7/15/47 | &nbsp;&nbsp;&nbsp;&nbsp; 1699834 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1611181 |
| &nbsp;&nbsp;&nbsp; BC7161, 4.0000%, 8/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 228275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 216575 |
| &nbsp;&nbsp;&nbsp; BD7109, 4.0000%, 11/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 216128 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 205050 |
| &nbsp;&nbsp;&nbsp; BD7135, 4.0000%, 12/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 711903 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 674774 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 19175401 |
| Ginnie Mae II Pool: |  |  |
| &nbsp;&nbsp;&nbsp; MA4068, 3.0000%, 11/20/46 | &nbsp;&nbsp; 27641834 | &nbsp;&nbsp;&nbsp;&nbsp; 24798294 |
| &nbsp;&nbsp;&nbsp; BB9817, 4.0000%, 8/20/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 943392 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 893849 |
| &nbsp;&nbsp;&nbsp; BB9814, 4.0000%, 8/20/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 154947 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 146810 |
| &nbsp;&nbsp;&nbsp; BB9835, 4.0000%, 8/20/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 144832 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 137226 |
| &nbsp;&nbsp;&nbsp; MA5021, 4.5000%, 2/20/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 921102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 900702 |
| &nbsp;&nbsp;&nbsp; BH3673, 4.5000%, 5/20/48 | &nbsp;&nbsp;&nbsp;&nbsp; 1266409 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1231021 |
| &nbsp;&nbsp;&nbsp; BH3672, 4.5000%, 5/20/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 286293 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 278293 |
| &nbsp;&nbsp;&nbsp; MA5264, 4.0000%, 6/20/48 | &nbsp;&nbsp;&nbsp;&nbsp; 7252172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6840678 |
| &nbsp;&nbsp;&nbsp; MA5400, 5.0000%, 8/20/48 | &nbsp;&nbsp;&nbsp;&nbsp; 2702801 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2697714 |
| &nbsp;&nbsp;&nbsp; MA5930, 3.5000%, 5/20/49 | &nbsp;&nbsp; 36502074 | &nbsp;&nbsp;&nbsp;&nbsp; 33604533 |
| &nbsp;&nbsp;&nbsp; MA7255, 2.5000%, 3/20/51 | &nbsp;&nbsp; 35108231 | &nbsp;&nbsp;&nbsp;&nbsp; 29852247 |
| &nbsp;&nbsp;&nbsp; MA7313, 3.0000%, 4/20/51 | &nbsp;&nbsp; 23866495 | &nbsp;&nbsp;&nbsp;&nbsp; 21135711 |
| &nbsp;&nbsp;&nbsp; MA7473, 3.0000%, 7/20/51 | &nbsp;&nbsp; 19251370 | &nbsp;&nbsp;&nbsp;&nbsp; 17044188 |
| &nbsp;&nbsp;&nbsp; MA7535, 3.0000%, 8/20/51 | &nbsp;&nbsp; 43721189 | &nbsp;&nbsp;&nbsp;&nbsp; 38705153 |
| &nbsp;&nbsp;&nbsp; 785843, 2.5000%, 1/20/52 | &nbsp;&nbsp; 26063211 | &nbsp;&nbsp;&nbsp;&nbsp; 21875959 |
|  |  | &nbsp;&nbsp; 200142378 |
| Total Mortgage-Backed Securities (cost $2,126,777,438) |  | 2069134831 |
| United States Treasury Notes/Bonds – 6.8% |  |  |
| &nbsp;&nbsp;&nbsp; 3.8750%, 3/31/27 | &nbsp;&nbsp; 37635000 | &nbsp;&nbsp;&nbsp;&nbsp; 37693805 |
| &nbsp;&nbsp;&nbsp; 3.7500%, 4/30/27 | 100000000 | &nbsp;&nbsp;&nbsp;&nbsp; 99984375 |
| &nbsp;&nbsp;&nbsp; 3.8750%, 5/31/27 | &nbsp;&nbsp; 52223000 | &nbsp;&nbsp;&nbsp;&nbsp; 52345398 |
| &nbsp;&nbsp;&nbsp; 3.8750%, 6/15/28 | 176226000 | &nbsp;&nbsp; 177162201 |
| &nbsp;&nbsp;&nbsp; 4.0000%, 5/31/30 | 757861800 | &nbsp;&nbsp; 765203586 |
| &nbsp;&nbsp;&nbsp; 4.1250%, 5/31/32 | &nbsp;&nbsp; 10871000 | &nbsp;&nbsp;&nbsp;&nbsp; 10962724 |
| &nbsp;&nbsp;&nbsp; 4.2500%, 5/15/35 | 225070300 | &nbsp;&nbsp; 225421972 |
| &nbsp;&nbsp;&nbsp; 5.0000%, 5/15/45 | 245029000 | &nbsp;&nbsp; 251690726 |
| &nbsp;&nbsp;&nbsp; 4.6250%, 2/15/55 | 233014000 | &nbsp;&nbsp; 226824565 |
| Total United States Treasury Notes/Bonds (cost $1,824,375,882) |  | 1847289352 |
| Common Stocks – 62.9% |  |  |
| Aerospace & Defense – 1.5% |  |  |
| &nbsp;&nbsp;&nbsp; General Electric Co | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 992922 | &nbsp;&nbsp; 255568194 |
| &nbsp;&nbsp;&nbsp; Howmet Aerospace Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 790995 | &nbsp;&nbsp; 147227899 |
|  |  | &nbsp;&nbsp; 402796093 |
| Banks – 1.4% |  |  |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co | &nbsp;&nbsp;&nbsp;&nbsp; 1309427 | &nbsp;&nbsp; 379615982 |
| Beverages – 0.7% |  |  |
| &nbsp;&nbsp;&nbsp; Constellation Brands Inc - Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 374913 | &nbsp;&nbsp;&nbsp;&nbsp; 60990847 |
| &nbsp;&nbsp;&nbsp; Monster Beverage Corp<sup>\*</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 1989688 | &nbsp;&nbsp; 124634056 |
|  |  | &nbsp;&nbsp; 185624903 |
| Biotechnology – 1.6% |  |  |
| &nbsp;&nbsp;&nbsp; AbbVie Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 950950 | &nbsp;&nbsp; 176515339 |
| &nbsp;&nbsp;&nbsp; Amgen Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 461385 | &nbsp;&nbsp; 128823306 |
| &nbsp;&nbsp;&nbsp; Vertex Pharmaceuticals Inc<sup>\*</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 281468 | &nbsp;&nbsp; 125309553 |
|  |  | &nbsp;&nbsp; 430648198 |
| Building Products – 0.6% |  |  |
| &nbsp;&nbsp;&nbsp; Trane Technologies PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 395857 | &nbsp;&nbsp; 173151810 |

---

------

---

| | | |
|:---|:---|:---|
|  | *Shares or*<br> *Principal Amounts*<br>| *Value* |
| Common Stocks – (continued) |  |  |
| Capital Markets – 3.1% |  |  |
| &nbsp;&nbsp;&nbsp; Charles Schwab Corp | 1114701 | $101705319 |
| &nbsp;&nbsp;&nbsp; CME Group Inc | &nbsp;&nbsp; 418219 | &nbsp;&nbsp; 115269521 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group Inc | &nbsp;&nbsp; 279888 | &nbsp;&nbsp; 198090732 |
| &nbsp;&nbsp;&nbsp; Intercontinental Exchange Inc | &nbsp;&nbsp; 684708 | &nbsp;&nbsp; 125623377 |
| &nbsp;&nbsp;&nbsp; Moody's Corp | &nbsp;&nbsp; 161853 | &nbsp;&nbsp;&nbsp;&nbsp; 81183846 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley | 1571408 | &nbsp;&nbsp; 221348531 |
|  |  | &nbsp;&nbsp; 843221326 |
| Chemicals – 0.4% |  |  |
| &nbsp;&nbsp;&nbsp; Corteva Inc | 1325144 | &nbsp;&nbsp;&nbsp;&nbsp; 98762982 |
| Communications Equipment – 0.4% |  |  |
| &nbsp;&nbsp;&nbsp; Motorola Solutions Inc | &nbsp;&nbsp; 229180 | &nbsp;&nbsp;&nbsp;&nbsp; 96361023 |
| Consumer Finance – 1.6% |  |  |
| &nbsp;&nbsp;&nbsp; American Express Co | 1384877 | &nbsp;&nbsp; 441748065 |
| Diversified Financial Services – 2.3% |  |  |
| &nbsp;&nbsp;&nbsp; Mastercard Inc - Class A | 1112002 | &nbsp;&nbsp; 624878404 |
| Electrical Equipment – 0.7% |  |  |
| &nbsp;&nbsp;&nbsp; Eaton Corp PLC | &nbsp;&nbsp; 519575 | &nbsp;&nbsp; 185483079 |
| Electronic Equipment, Instruments & Components – 0.7% |  |  |
| &nbsp;&nbsp;&nbsp; Amphenol Corp | 1899883 | &nbsp;&nbsp; 187613446 |
| Entertainment – 2.3% |  |  |
| &nbsp;&nbsp;&nbsp; Netflix Inc<sup>\*</sup> <br>| &nbsp;&nbsp; 231625 | &nbsp;&nbsp; 310175986 |
| &nbsp;&nbsp;&nbsp; Walt Disney Co/The | 2442011 | &nbsp;&nbsp; 302833784 |
|  |  | &nbsp;&nbsp; 613009770 |
| Food & Staples Retailing – 0.5% |  |  |
| &nbsp;&nbsp;&nbsp; Costco Wholesale Corp | &nbsp;&nbsp; 146975 | &nbsp;&nbsp; 145496432 |
| Health Care Equipment & Supplies – 1.5% |  |  |
| &nbsp;&nbsp;&nbsp; Abbott Laboratories | 1006705 | &nbsp;&nbsp; 136921947 |
| &nbsp;&nbsp;&nbsp; Intuitive Surgical Inc<sup>\*</sup> <br>| &nbsp;&nbsp; 201614 | &nbsp;&nbsp; 109559064 |
| &nbsp;&nbsp;&nbsp; Stryker Corp | &nbsp;&nbsp; 412212 | &nbsp;&nbsp; 163083433 |
|  |  | &nbsp;&nbsp; 409564444 |
| Health Care Providers & Services – 1.1% |  |  |
| &nbsp;&nbsp;&nbsp; HCA Healthcare Inc | &nbsp;&nbsp; 320742 | &nbsp;&nbsp; 122876260 |
| &nbsp;&nbsp;&nbsp; UnitedHealth Group Inc | &nbsp;&nbsp; 510296 | &nbsp;&nbsp; 159197043 |
|  |  | &nbsp;&nbsp; 282073303 |
| Hotels, Restaurants & Leisure – 2.9% |  |  |
| &nbsp;&nbsp;&nbsp; Booking Holdings Inc | &nbsp;&nbsp;&nbsp;&nbsp; 52343 | &nbsp;&nbsp; 303026189 |
| &nbsp;&nbsp;&nbsp; Chipotle Mexican Grill Inc<sup>\*</sup> <br>| 2272917 | &nbsp;&nbsp; 127624290 |
| &nbsp;&nbsp;&nbsp; Hilton Worldwide Holdings Inc | &nbsp;&nbsp; 573207 | &nbsp;&nbsp; 152667952 |
| &nbsp;&nbsp;&nbsp; Royal Caribbean Cruises Ltd | &nbsp;&nbsp; 620248 | &nbsp;&nbsp; 194224459 |
|  |  | &nbsp;&nbsp; 777542890 |
| Independent Power and Renewable Electricity Producers – 0.3% |  |  |
| &nbsp;&nbsp;&nbsp; Vistra Corp | &nbsp;&nbsp; 429294 | &nbsp;&nbsp;&nbsp;&nbsp; 83201470 |
| Industrial Real Estate Investment Trusts (REITs) – 0.4% |  |  |
| &nbsp;&nbsp;&nbsp; Prologis Inc | 1079088 | &nbsp;&nbsp; 113433731 |
| Information Technology Services – 0.6% |  |  |
| &nbsp;&nbsp;&nbsp; Accenture PLC | &nbsp;&nbsp; 519098 | &nbsp;&nbsp; 155153201 |
| Insurance – 1.8% |  |  |
| &nbsp;&nbsp;&nbsp; Marsh & McLennan Cos Inc | &nbsp;&nbsp; 554507 | &nbsp;&nbsp; 121237411 |
| &nbsp;&nbsp;&nbsp; Progressive Corp/The | 1314991 | &nbsp;&nbsp; 350918498 |
|  |  | &nbsp;&nbsp; 472155909 |
| Interactive Media & Services – 4.9% |  |  |
| &nbsp;&nbsp;&nbsp; Alphabet Inc - Class C | 3887672 | &nbsp;&nbsp; 689634136 |
| &nbsp;&nbsp;&nbsp; Meta Platforms Inc - Class A | &nbsp;&nbsp; 854922 | &nbsp;&nbsp; 631009379 |
|  |  | 1320643515 |
| Life Sciences Tools & Services – 1.1% |  |  |
| &nbsp;&nbsp;&nbsp; Danaher Corp | &nbsp;&nbsp; 775031 | &nbsp;&nbsp; 153099624 |
| &nbsp;&nbsp;&nbsp; Thermo Fisher Scientific Inc | &nbsp;&nbsp; 349866 | &nbsp;&nbsp; 141856668 |
|  |  | &nbsp;&nbsp; 294956292 |
| Machinery – 0.5% |  |  |
| &nbsp;&nbsp;&nbsp; Deere & Co | &nbsp;&nbsp; 248128 | &nbsp;&nbsp; 126170607 |
| Multiline Retail – 3.1% |  |  |
| &nbsp;&nbsp;&nbsp; Amazon.com Inc<sup>\*</sup> <br>| 3853104 | &nbsp;&nbsp; 845332487 |
| Oil, Gas & Consumable Fuels – 1.1% |  |  |
| &nbsp;&nbsp;&nbsp; Chevron Corp | 1302184 | &nbsp;&nbsp; 186459727 |
| &nbsp;&nbsp;&nbsp; ConocoPhillips | 1316857 | &nbsp;&nbsp; 118174747 |
|  |  | &nbsp;&nbsp; 304634474 |
| Pharmaceuticals – 2.1% |  |  |
| &nbsp;&nbsp;&nbsp; Eli Lilly & Co | &nbsp;&nbsp; 397233 | &nbsp;&nbsp; 309655040 |

---

------

---

| | | |
|:---|:---|:---|
|  | *Shares or*<br> *Principal Amounts*<br>| *Value* |
| Common Stocks – (continued) |  |  |
| Pharmaceuticals – (continued) |  |  |
| &nbsp;&nbsp;&nbsp; Johnson & Johnson | &nbsp;&nbsp;&nbsp;&nbsp; 1140418 | &nbsp;&nbsp;&nbsp;&nbsp; $174198850 |
| &nbsp;&nbsp;&nbsp; Zoetis Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 591912 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 92308676 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 576162566 |
| Professional Services – 0.4% |  |  |
| &nbsp;&nbsp;&nbsp; Automatic Data Processing Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 335512 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 103471901 |
| Road & Rail – 0.9% |  |  |
| &nbsp;&nbsp;&nbsp; Uber Technologies Inc<sup>\*</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 1318082 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 122977051 |
| &nbsp;&nbsp;&nbsp; Union Pacific Corp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 471676 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 108523214 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 231500265 |
| Semiconductor & Semiconductor Equipment – 9.3% |  |  |
| &nbsp;&nbsp;&nbsp; Broadcom Inc | &nbsp;&nbsp;&nbsp;&nbsp; 1887597 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 520316113 |
| &nbsp;&nbsp;&nbsp; KLA Corp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 229769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 205813284 |
| &nbsp;&nbsp;&nbsp; Lam Research Corp | &nbsp;&nbsp;&nbsp;&nbsp; 1812475 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 176426317 |
| &nbsp;&nbsp;&nbsp; NVIDIA Corp | &nbsp;&nbsp; 10232704 | &nbsp;&nbsp;&nbsp;&nbsp; 1616664905 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 2519220619 |
| Software – 8.8% |  |  |
| &nbsp;&nbsp;&nbsp; Adobe Inc<sup>\*</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 408289 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 157958848 |
| &nbsp;&nbsp;&nbsp; Cadence Design Systems Inc<sup>\*</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 404384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 124610930 |
| &nbsp;&nbsp;&nbsp; Intuit Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 242263 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 190813607 |
| &nbsp;&nbsp;&nbsp; Microsoft Corp | &nbsp;&nbsp;&nbsp;&nbsp; 3175586 | &nbsp;&nbsp;&nbsp;&nbsp; 1579568232 |
| &nbsp;&nbsp;&nbsp; Oracle Corp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 861197 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 188283500 |
| &nbsp;&nbsp;&nbsp; ServiceNow Inc<sup>\*</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 134587 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 138366203 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 2379601320 |
| Specialized Real Estate Investment Trusts (REITs) – 0.1% |  |  |
| &nbsp;&nbsp;&nbsp; Equinix Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 43425 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 34543285 |
| Specialty Retail – 1.2% |  |  |
| &nbsp;&nbsp;&nbsp; Home Depot Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 591918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 217020816 |
| &nbsp;&nbsp;&nbsp; TJX Cos Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 911054 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 112506058 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 329526874 |
| Technology Hardware, Storage & Peripherals – 2.6% |  |  |
| &nbsp;&nbsp;&nbsp; Apple Inc | &nbsp;&nbsp;&nbsp;&nbsp; 3439941 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 705772695 |
| Textiles, Apparel & Luxury Goods – 0.4% |  |  |
| &nbsp;&nbsp;&nbsp; NIKE Inc - Class B | &nbsp;&nbsp;&nbsp;&nbsp; 1644573 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 116830466 |
| Total Common Stocks (cost $7,411,524,309) |  | &nbsp;&nbsp; 16989903827 |
| Investment Companies – 1.4% |  |  |
| Money Markets – 1.4% |  |  |
| &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 4.4188%<sup>ºº,</sup><sup>£</sup> (cost $374,362,767) | 374292388 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 374367247 |
| Investments Purchased with Cash Collateral from Securities Lending – 0% |  |  |
| Investment Companies – 0% |  |  |
| &nbsp;&nbsp;&nbsp; Janus Henderson Cash Collateral Fund LLC, 4.2933%<sup>ºº,</sup><sup>£</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 169800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 169800 |
| Time Deposits – 0% |  |  |
| &nbsp;&nbsp;&nbsp; Royal Bank of Canada, 4.3100%, 7/1/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $42450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 42450 |
| Total Investments Purchased with Cash Collateral from Securities Lending (cost $212,250) | Total Investments Purchased with Cash Collateral from Securities Lending (cost $212,250) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 212250 |
| Total Investments (total cost $17,636,966,849) – 100.7% |  | &nbsp;&nbsp; 27218592089 |
| Liabilities, net of Cash, Receivables and Other Assets – (0.7)% |  | &nbsp;&nbsp;&nbsp;&nbsp; (192978081) |
| Net Assets – 100% |  | $27025614008 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| ***Summary of Investments by Country - (Long Positions) (unaudited)*** |  |  |
| *Country* | *Value* | &nbsp;&nbsp; *% of* <br>*Investment* <br>*Securities*<br>|
| United States | $27031487978 | &nbsp;&nbsp;&nbsp;&nbsp; 99.3<br> %<br>|
| France | 50267809 | &nbsp;&nbsp;&nbsp;&nbsp;0.2 |
| Israel | 35774320 | &nbsp;&nbsp;&nbsp;&nbsp;0.1 |
| Australia | 25779227 | &nbsp;&nbsp;&nbsp;&nbsp;0.1 |
| Canada | 24415460 | &nbsp;&nbsp;&nbsp;&nbsp;0.1 |
| Germany | 20980581 | &nbsp;&nbsp;&nbsp;&nbsp;0.1 |
| United Kingdom | 17091416 | &nbsp;&nbsp;&nbsp;&nbsp;0.1 |
| Belgium | 12795298 | &nbsp;&nbsp;&nbsp;&nbsp;0.0 |
| Total | $27218592089 | &nbsp;&nbsp;&nbsp;&nbsp; 100.0<br> %<br>|

---

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| ***Schedule of Affiliated Investments - (% of Net Assets)*** | ***Schedule of Affiliated Investments - (% of Net Assets)*** | ***Schedule of Affiliated Investments - (% of Net Assets)*** | ***Schedule of Affiliated Investments - (% of Net Assets)*** | ***Schedule of Affiliated Investments - (% of Net Assets)*** | ***Schedule of Affiliated Investments - (% of Net Assets)*** | ***Schedule of Affiliated Investments - (% of Net Assets)*** | ***Schedule of Affiliated Investments - (% of Net Assets)*** | ***Schedule of Affiliated Investments - (% of Net Assets)*** |
| *Affiliate* | *Affiliated* <br>*Investments,* <br>*at Value at* <br>*9/30/24*<br>| *Purchases* | *Sales* <br>*Proceeds*<br>| *Realized* <br>*Gain/(Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation/* <br>*Depreciation*<br>| *Affiliated* <br>*Investments,* <br>*at Value at* <br>*6/30/25*<br>| *Ending* <br>*Shares*<br>| *Dividend* <br>*Income*<br>|
| Investment Companies - 1.4% | Investment Companies - 1.4% | Investment Companies - 1.4% | Investment Companies - 1.4% | Investment Companies - 1.4% | Investment Companies - 1.4% | Investment Companies - 1.4% | Investment Companies - 1.4% | Investment Companies - 1.4% |
| Money Markets - 1.4% | Money Markets - 1.4% | Money Markets - 1.4% | Money Markets - 1.4% | Money Markets - 1.4% | Money Markets - 1.4% | Money Markets - 1.4% | Money Markets - 1.4% | Money Markets - 1.4% |
| &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 4.4188%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 4.4188%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 4.4188%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 4.4188%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 4.4188%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 4.4188%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 4.4188%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 4.4188%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 4.4188%<sup>ºº</sup>  |
|  | &nbsp;&nbsp; $768662296 | &nbsp;&nbsp; $2999854601 | &nbsp;&nbsp; $(3394149650) | &nbsp;&nbsp; $21998 | &nbsp;&nbsp; $(21998) | &nbsp;&nbsp; $374367247 | &nbsp;&nbsp; 374292388 | &nbsp;&nbsp; $18889342 |
| Investments Purchased with Cash Collateral from Securities Lending - 0% | Investments Purchased with Cash Collateral from Securities Lending - 0% | Investments Purchased with Cash Collateral from Securities Lending - 0% | Investments Purchased with Cash Collateral from Securities Lending - 0% | Investments Purchased with Cash Collateral from Securities Lending - 0% | Investments Purchased with Cash Collateral from Securities Lending - 0% | Investments Purchased with Cash Collateral from Securities Lending - 0% | Investments Purchased with Cash Collateral from Securities Lending - 0% | Investments Purchased with Cash Collateral from Securities Lending - 0% |
| Investment Companies - 0% | Investment Companies - 0% | Investment Companies - 0% | Investment Companies - 0% | Investment Companies - 0% | Investment Companies - 0% | Investment Companies - 0% | Investment Companies - 0% | Investment Companies - 0% |
| &nbsp;&nbsp;&nbsp; Janus Henderson Cash Collateral Fund LLC, 4.2933%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Collateral Fund LLC, 4.2933%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Collateral Fund LLC, 4.2933%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Collateral Fund LLC, 4.2933%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Collateral Fund LLC, 4.2933%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Collateral Fund LLC, 4.2933%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Collateral Fund LLC, 4.2933%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Collateral Fund LLC, 4.2933%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Collateral Fund LLC, 4.2933%<sup>ºº</sup>  |
|  | &nbsp;&nbsp; - | &nbsp;&nbsp; 1029107737 | &nbsp;&nbsp; (1028937937) | &nbsp;&nbsp; - | &nbsp;&nbsp; - | &nbsp;&nbsp; 169800 | &nbsp;&nbsp; 169800 | &nbsp;&nbsp; 93615 <br><sup>∆</sup><br>|
| Total Affiliated Investments - 1.4% | Total Affiliated Investments - 1.4% | Total Affiliated Investments - 1.4% | Total Affiliated Investments - 1.4% | Total Affiliated Investments - 1.4% | Total Affiliated Investments - 1.4% | Total Affiliated Investments - 1.4% | Total Affiliated Investments - 1.4% | Total Affiliated Investments - 1.4% |
|  | &nbsp;&nbsp; $768662296 | &nbsp;&nbsp; $4028962338 | &nbsp;&nbsp; $(4423087587) | &nbsp;&nbsp; $21998 | &nbsp;&nbsp; $(21998) | &nbsp;&nbsp; $374537047 | &nbsp;&nbsp; 374462188 | &nbsp;&nbsp; $18982957 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
| ***Schedule of Futures*** | ***Schedule of Futures*** | ***Schedule of Futures*** | ***Schedule of Futures*** | ***Schedule of Futures*** |
| *Description* | *Number of* <br>*Contracts*<br>| &nbsp;&nbsp; *Expiration* <br>*Date*<br>| &nbsp;&nbsp; *Notional* <br>*Amount*<br>| &nbsp;&nbsp; *Value and* <br>*Unrealized* <br>*Appreciation/(Depreciation)*<br>|
| *Futures Long:* |  |  |  |  |
| 2 Year US Treasury Note | 5396 | &nbsp;&nbsp;&nbsp; 10/3/25 | &nbsp;&nbsp;&nbsp; $1122494471 | &nbsp;&nbsp;&nbsp; $2932170 |
| 5 Year US Treasury Note | 12516 | &nbsp;&nbsp;&nbsp; 10/3/25 | &nbsp;&nbsp;&nbsp; 1364244000 | &nbsp;&nbsp;&nbsp; 14577523 |
| Ultra Long Term US Treasury Bond | 3375 | &nbsp;&nbsp;&nbsp; 9/30/25 | &nbsp;&nbsp;&nbsp; 402046875 | &nbsp;&nbsp;&nbsp; 8044001 |
| US Treasury Long Bond | 5467 | &nbsp;&nbsp;&nbsp; 9/30/25 | &nbsp;&nbsp;&nbsp; 631267656 | &nbsp;&nbsp;&nbsp; 19054015 |
| Total - Futures Long |  |  |  | &nbsp;&nbsp;&nbsp; 44607709 |
| *Futures Short:* |  |  |  |  |
| 10 Year US Treasury Note | 875 | &nbsp;&nbsp;&nbsp; 9/30/25 | &nbsp;&nbsp;&nbsp; (98109375) | &nbsp;&nbsp;&nbsp; (1507353) |
| Ultra 10 Year Treasury Note | 5070 | &nbsp;&nbsp;&nbsp; 9/30/25 | &nbsp;&nbsp;&nbsp; (579326719) | &nbsp;&nbsp;&nbsp; (4729616) |
| Total - Futures Short |  |  |  | &nbsp;&nbsp;&nbsp; (6236969) |
| Total |  |  |  | &nbsp;&nbsp;&nbsp; $38370740 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Average Ending Monthly Value of Derivative Instruments During the Period Ended June 30, 2025** | **Average Ending Monthly Value of Derivative Instruments During the Period Ended June 30, 2025** |
| Futures contracts: |  |
| Average notional amount of contracts - long | $3987473470 |
| Average notional amount of contracts - short | 578983688 |

---

------

**Notes to Schedule of Investments (unaudited)** 

---

| | |
|:---|:---|
| IBOR | Interbank Offered Rate |
| LLC | Limited Liability Company |
| LP | Limited Partnership |
| PLC | Public Limited Company |
| SOFR | Secured Overnight Financing Rate |
| TBA | &nbsp;&nbsp; (To Be Announced) Securities are purchased/sold on a forward commitment basis with an approximate <br> principal amount and no defined maturity date. The actual principal and maturity date will be determined upon <br> settlement when specific mortgage pools are assigned.<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| |
|:---|
| &nbsp;&nbsp; Securities sold under Rule 144A of the Securities Act of 1933, as amended, are subject to legal and/or contractual restrictions on resale <br> and may not be publicly sold without registration under the 1933 Act. Unless otherwise noted, these securities have been determined to be <br> liquid under guidelines established by the Board of Trustees. The total value of 144A securities as of the period ended June 30, 2025 is <br> $3,643,580,380, which represents 13.5% of net assets.<br>|
| Non-income producing security. |
| &nbsp;&nbsp; Variable or floating rate security. Rate shown is the current rate as of June 30, 2025. Certain variable rate securities are not based on a <br> published reference rate and spread; they are determined by the issuer or agent and current market conditions. Reference rate is as <br> of reset date and may vary by security, which may not indicate a reference rate and/or spread in their description.<br>|
| Rate shown is the 7-day yield as of June 30, 2025. |
| Loaned security; a portion of the security is on loan at June 30, 2025. |
| &nbsp;&nbsp; Step bond. The coupon rate will increase or decrease periodically based upon a predetermined schedule. The rate shown reflects the <br> current rate.<br>|
| £&nbsp;&nbsp; The Fund may invest in certain securities that are considered affiliated companies. As defined by the Investment Company Act of 1940, as <br> amended, an affiliated company is one in which the Fund owns 5% or more of the outstanding voting securities, or a company which is <br> under common ownership or control.<br>|
| Net of income paid to the securities lending agent and rebates paid to the borrowing counterparties. |
| Schedule of Restricted Securities (as of June 30, 2025) |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Acquisition* <br>*Date*<br>| *Cost* | *Value* | &nbsp;&nbsp; *Value as a* <br>*% of Net* <br>*Assets*<br>|
| Oasis Securitization 2024-1A A, 5.8800%, 9/30/38 | 9/24/24 | &nbsp;&nbsp;&nbsp; $4806267 | $4773895 | &nbsp;&nbsp;&nbsp;&nbsp; 0.0<br> %<br>|

---

The Fund has registration rights for certain restricted securities held as of June 30, 2025. The issuer incurs all registration costs.

------

The following is a summary of the inputs that were used to value the Fund's investments in securities and other financial

instruments as of June 30, 2025.

---

| | | | |
|:---|:---|:---|:---|
| **Valuation Inputs Summary** | **Valuation Inputs Summary** | **Valuation Inputs Summary** | **Valuation Inputs Summary** |
|  | ***Level 1 -*** <br>***Quoted Prices***<br>| &nbsp;&nbsp; ***Level 2 -*** <br>***Other Significant*** <br>***Observable Inputs***<br>| &nbsp;&nbsp; ***Level 3 -*** <br>***Significant*** <br>***Unobservable Inputs***<br>|
| **Assets** |  |  |  |
| **Investments In Securities:** |  |  |  |
| *Asset-Backed/Commercial Mortgage-Backed Securities* | $- | &nbsp;&nbsp;&nbsp; $2941104842 | &nbsp;&nbsp;&nbsp; $- |
| *Bank Loans and Mezzanine Loans* | - | &nbsp;&nbsp;&nbsp; 145057383 | &nbsp;&nbsp;&nbsp; - |
| *Corporate Bonds* | - | &nbsp;&nbsp;&nbsp; 2851522357 | &nbsp;&nbsp;&nbsp; - |
| *Mortgage-Backed Securities* | - | &nbsp;&nbsp;&nbsp; 2069134831 | &nbsp;&nbsp;&nbsp; - |
| *United States Treasury Notes/Bonds* | - | &nbsp;&nbsp;&nbsp; 1847289352 | &nbsp;&nbsp;&nbsp; - |
| *Common Stocks* | 16989903827 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - |
| *Investment Companies* | - | &nbsp;&nbsp;&nbsp; 374367247 | &nbsp;&nbsp;&nbsp; - |
| *Investments Purchased with Cash Collateral from Securities Lending* | - | &nbsp;&nbsp;&nbsp; 212250 | &nbsp;&nbsp;&nbsp; - |
| Total Investments in Securities | $16989903827 | &nbsp;&nbsp;&nbsp; $10228688262 | &nbsp;&nbsp;&nbsp; $- |
| **Other Financial Instruments**<sup>(a)</sup>**:** |  |  |  |
| *Futures Contracts* | 44607709 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - |
| **Total Assets** | $17034511536 | &nbsp;&nbsp;&nbsp; $10228688262 | &nbsp;&nbsp;&nbsp; $- |
| **Liabilities** |  |  |  |
| **Other Financial Instruments**<sup>(a)</sup>**:** |  |  |  |
| *Futures Contracts* | $6236969 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(a) Other financial instruments may include forward foreign currency exchange contracts,
 futures, written options, written swaptions, and swap contracts. Forward foreign currency exchange contracts, futures contracts, and centrally
 cleared swap contracts are reported at their unrealized appreciation/(depreciation) at measurement date, which represents the change in the
 contract's value from trade date. Written options, written swaptions, and OTC swaps are reported at their market value at measurement date.

------

**Investment Valuation**

Fund holdings are valued in accordance with policies and procedures established by the Adviser pursuant to Rule 2a-5 under the 1940 Act and approved by and subject to the oversight of the Trustees (the "Valuation Procedures"). Equity securities traded on a domestic securities exchange are generally valued at readily available market quotations, which are (i) the official close prices or (ii) last sale prices on the primary market or exchange in which the securities trade. If such price is lacking for the trading period immediately preceding the time of determination, such securities are generally valued at their current bid price. Equity securities that are traded on a foreign exchange are generally valued at the closing prices on such markets. In the event that there is no current trading volume on a particular security in such foreign exchange, the bid price from the primary exchange is generally used to value the security. Foreign securities and currencies are converted to U.S. dollars using the current spot USD dollar exchange rate in effect at the close of the New York Stock Exchange ("NYSE"). The Adviser will determine the market value of individual securities held by it by using prices provided by one or more Adviser-approved professional pricing services or, as needed, by obtaining market quotations from independent broker-dealers. Most debt securities are valued in accordance with the evaluated bid price supplied by the pricing service that is intended to reflect market value. The evaluated bid price supplied by the pricing service is an evaluation that may consider factors such as security prices, yields, maturities, and ratings. Certain short-term securities maturing within 60 days or less may be evaluated and valued on an amortized cost basis provided that the amortized cost determined approximates market value. Securities for which market quotations or evaluated prices are not readily available or deemed unreliable are valued at fair value determined in good faith by the Adviser pursuant to the Valuation Procedures. Circumstances in which fair valuation may be utilized include, but are not limited to: (i) a significant event that may affect the securities of a single issuer, such as a merger, bankruptcy, or significant issuer-specific development; (ii) an event that may affect an entire market, such as a natural disaster or significant governmental action; (iii) a nonsignificant event such as a market closing early or not opening, or a security trading halt; and (iv) pricing of a non-valued security and a restricted or nonpublic security. Special valuation considerations may apply with respect to "odd-lot" fixed-income transactions which, due to their small size, may receive evaluated prices by pricing services which reflect a large block trade and not what actually could be obtained for the odd-lot position. The value of the securities of other mutual funds held by the Fund, if any, will be calculated using the NAV of such mutual funds, and the prospectuses for such mutual funds explain the circumstances under which they use fair valuation and the effects of using fair valuation. The value of the securities of any cash management pooled investment vehicles that

operate as money market funds held by the Fund, if any, will be calculated using the NAV of such funds.

**Valuation Inputs Summary**

FASB ASC 820, *Fair Value Measurements and Disclosures* ("ASC 820"), defines fair value, establishes a framework for measuring fair value, and expands disclosure requirements regarding fair value measurements. This standard emphasizes that fair value is a market-based measurement that should be determined based on the assumptions that market participants would use in pricing an asset or liability and establishes a hierarchy that prioritizes inputs to valuation techniques used to measure fair value. These inputs are summarized into three broad levels:

Level 1 – Unadjusted quoted prices in active markets the Fund has the ability to access for identical assets or liabilities.

Level 2 – Observable inputs other than unadjusted quoted prices included in Level 1 that are observable for the asset or liability either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default

rates and similar data.

Assets or liabilities categorized as Level 2 in the hierarchy generally include: debt securities fair valued in accordance with the evaluated bid or ask prices supplied by a pricing service; securities traded on OTC markets and listed securities for which no sales are reported that are fair valued at the latest bid price (or yield equivalent thereof) obtained from one or more dealers transacting in a market for such securities or by a pricing service approved by the Fund's Trustees; certain short-term debt securities with maturities of 60 days or less that are fair valued at amortized cost; and equity securities of foreign issuers whose fair value is determined by using systematic fair valuation models provided by independent third parties in order to adjust for stale pricing which may occur between the close of certain foreign exchanges and the close of the NYSE. Other securities that may be categorized as Level 2 in the hierarchy include, but are not limited to, preferred stocks, bank loans, swaps,

investments in unregistered investment companies, options, and forward contracts.

Level 3 – Unobservable inputs for the asset or liability to the extent that relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions that a market participant would use in valuing the asset or liability, and that would be based on the best information available.

There have been no significant changes in valuation techniques used in valuing any such positions held by the Fund since the beginning of the fiscal period.

------

The inputs or methodology used for fair valuing securities are not necessarily an indication of the risk associated with investing in those securities. The summary of inputs used as of June 30, 2025 to fair value the Fund's investments in securities and other financial instruments is included in the "Valuation Inputs Summary" in the Notes to Schedule of Investments.

------

For additional information on the Fund, please refer to the Fund's most recent semiannual or annual financial

statements.

125-35-70213 08-25

------

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** JANUS INVESTMENT FUND

- **b. Investment Company Act file number:** 811-01879

- **c. CIK number of Registrant:** 0000277751

- **d. LEI of Registrant:** W6UYDZFUOFJ4HQQ32382

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 151 Detroit Street

  - **City:** Denver

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80206

  - **Telephone number:** 303-333-3863

**Item A.2. Information about the Series.**

- **a. Name of Series:** Janus Henderson Balanced Fund

- **b. EDGAR series identifier (if any):** S000010464

- **c. LEI of Series:** XRAF81JTHJNG7YJEPJ53

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $27259460177.56

**Total Liabilities:** $233846169.40

**Net Assets:** $27025614008.16

**Delayed Delivery Securities:** $125147889.63

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** -19360.356398931340 | **1-Year:** -452703.534686344200 | **5-Year:** -1757868.776541052600 | **10-Year:** -1948725.360589265800 | **30-Year:** -779467.325084003400

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** -3152.971084140707 | **1-Year:** -82618.485618881300 | **5-Year:** -149251.798240381120 | **10-Year:** -130629.714108852030 | **30-Year:** -2279.923919012828

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000028918 | 0.45%                | 4.79%                | 4.51%                |
| Class ID C000077650 | 0.47%                | 4.75%                | 4.50%                |
| Class ID C000077651 | 0.39%                | 4.71%                | 4.44%                |
| Class ID C000077652 | 0.49%                | 4.77%                | 4.53%                |
| Class ID C000077653 | 0.41%                | 4.72%                | 4.48%                |
| Class ID C000077654 | 0.45%                | 4.73%                | 4.50%                |
| Class ID C000083512 | 0.47%                | 4.78%                | 4.53%                |
| Class ID C000114869 | 0.49%                | 4.78%                | 4.54%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $68132202.00             | $-3165004.00                               |
| Month 2  | $237993338.00            | $965807529.00                              |
| Month 3  | $48194453.00             | $1055043093.00                             |

**Designated Index Information**

- **Index Name:** 60% SP 500 Composite/ 40% Bloomberg U.S. Aggregate

- **Index Identifier:** IX08BM

### Schedule of Portfolio Investments

| Name                                                                                             | Title                                                       | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)    | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BPR TRUST 2024-PMDW                                                                              | BPR 2024-PMDW A                                             | CUSIP: 05592VAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  28442928 | PA      | $28846032.52   | 0.11%             | 2041-11-05      | Variable      | 5.36%                 | Yes           |                  2 | On Loan: No      |
| BPR TRUST 2024-PMDW                                                                              | BPR 2024-PMDW D                                             | CUSIP: 05592VAJ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  11000000 | PA      | $10681045.42   | 0.04%             | 2041-11-05      | Variable      | 5.85%                 | Yes           |                  2 | On Loan: No      |
| BPR TST                                                                                          | BPR 2023-BRK2 A                                             | CUSIP: 05610WAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  20831000 | PA      | $22025097.20   | 0.08%             | 2038-10-05      | Variable      | 7.15%                 | Yes           |                  2 | On Loan: No      |
| BLP COMMERCIAL MORTGAGE TRUST 2025-IND                                                           | BLP 2025-IND A                                              | CUSIP: 05625BAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  25528000 | PA      | $25428838.11   | 0.09%             | 2042-03-15      | Variable      | 5.51%                 | Yes           |                  2 | On Loan: No      |
| The Bank of New York Mellon Corp.                                                                | BK V6.474 10/25/34 MTN                                      | CUSIP: 06406RBU0<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |  22674000 | PA      | $24967976.88   | 0.09%             | 2034-10-25      | Variable      | 6.47%                 | No            |                  2 | On Loan: No      |
| Belron                                                                                           | Belron Term Loan B 275 2031-09-22                           | CUSIP: 08078UAM5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  12750925 | PA      | $12795298.22   | 0.05%             | 2031-10-16      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| Berry Global Inc                                                                                 | BERY 5.8 06/15/31                                           | CUSIP: 08576BAB8<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |  32563000 | PA      | $34217608.41   | 0.13%             | 2031-06-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Berry Global Inc                                                                                 | BERY 5.65 01/15/34                                          | CUSIP: 08576PAQ4<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |   5911000 | PA      | $6100047.14    | 0.02%             | 2034-01-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Blackstone Private Credit Fund                                                                   | BCRED 7.3 11/27/28                                          | CUSIP: 09261HBC0<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |  14859000 | PA      | $15847043.56   | 0.06%             | 2028-11-27      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| Blue Owl Finance Llc                                                                             | OWL 6.25 04/18/34                                           | CUSIP: 09581JAT3<br>LEI: 254900OF2NO2GYFV5T41 | Long             | DBT              | CORP              | US        |  22767000 | PA      | $23426255.14   | 0.09%             | 2034-04-18      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| The Boeing Company                                                                               | BA 5.15 05/01/30                                            | CUSIP: 097023CY9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |  19729000 | PA      | $20086085.43   | 0.07%             | 2030-05-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| The Boeing Company                                                                               | BA 6.388 05/01/31                                           | CUSIP: 097023DR3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |  19467000 | PA      | $20921073.35   | 0.08%             | 2031-05-01      | Fixed         | 6.39%                 | No            |                  2 | On Loan: No      |
| Booking Holdings Inc                                                                             | Booking Holdings Inc COM USD0.008                           | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |     52400 | NS      | $303356176.00  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Booz Allen Hamilton Inc                                                                          | BAH 5.95 08/04/33                                           | CUSIP: 09951LAC7<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |  22041000 | PA      | $22625402.13   | 0.08%             | 2033-08-04      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Booz Allen Hamilton Inc                                                                          | BAH 5.95 04/15/35                                           | CUSIP: 09951LAD5<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |  20164000 | PA      | $20464221.80   | 0.08%             | 2035-04-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Broadcom Inc                                                                                     | Broadcom Inc COM USD0.001                                   | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |   1889674 | NS      | $520888638.10  | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown & Brown Inc                                                                                | BRO 4.9 06/23/30                                            | CUSIP: 115236AK7<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |   6298000 | PA      | $6356602.13    | 0.02%             | 2030-06-23      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Brown & Brown Inc                                                                                | BRO 5.25 06/23/32                                           | CUSIP: 115236AL5<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |   2767000 | PA      | $2822072.15    | 0.01%             | 2032-06-23      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Brown & Brown Inc                                                                                | BRO 5.55 06/23/35                                           | CUSIP: 115236AM3<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |   2939000 | PA      | $2997007.13    | 0.01%             | 2035-06-23      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Citadel Securities Global Holdings LLC                                                           | CITSEC 5.5 06/18/30                                         | CUSIP: 17289RAA4<br>LEI: 549300NV5RXBUS3X7L47 | Long             | DBT              | CORP              | US        |   1131000 | PA      | $1144437.35    | 0.00%             | 2030-06-18      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Citadel Securities Global Holdings LLC                                                           | CITSEC 6.2 06/18/35                                         | CUSIP: 17289RAB2<br>LEI: 549300NV5RXBUS3X7L47 | Long             | DBT              | CORP              | US        |   4985000 | PA      | $5114725.30    | 0.02%             | 2035-06-18      | Fixed         | 6.20%                 | Yes           |                  2 | On Loan: No      |
| EFMT 2025-CES1 Trust                                                                             | EFMT 2025-CES1 A1A                                          | CUSIP: 26846VAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  11145432 | PA      | $11243183.76   | 0.04%             | 2060-01-25      | Variable      | 5.73%                 | Yes           |                  2 | On Loan: No      |
| Equinix, Inc.                                                                                    | Equinix, Inc. COM USD0.001                                  | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |     43472 | NS      | $34580671.84   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelon Corp.                                                                                     | EXC 5.45 03/15/34                                           | CUSIP: 30161NBN0<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |  17447000 | PA      | $17901120.46   | 0.07%             | 2034-03-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST 2021-1                                                       | EART 2021-1A D                                              | CUSIP: 30166RAF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    235521 | PA      | $235151.75     | 0.00%             | 2026-11-16      | Fixed         | 1.08%                 | No            |                  2 | On Loan: No      |
| EXTENDED STAY AMERICA TRUST 2021-ESH                                                             | ESA 2021-ESH A                                              | CUSIP: 30227FAA8<br>LEI: 549300IESZBC3BJUJW64 | Long             | ABS-O            | CORP              | US        |   7804465 | PA      | $7801780.15    | 0.03%             | 2038-07-15      | Variable      | 5.51%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZK9085                                                   | CUSIP: 3131XDCW3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    465667 | PA      | $451012.84     | 0.00%             | 2032-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZK9163                                                   | CUSIP: 3131XDFC4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1080466 | PA      | $1045584.08    | 0.00%             | 2033-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZM1434                                                   | CUSIP: 3131XUSX6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1586246 | PA      | $1466773.42    | 0.01%             | 2046-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZM6220                                                   | CUSIP: 3131Y04D1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1815263 | PA      | $1714760.62    | 0.01%             | 2048-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZM6276                                                   | CUSIP: 3131Y06M9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1909925 | PA      | $1813588.23    | 0.01%             | 2048-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZM5707                                                   | CUSIP: 3131Y0KU5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1805911 | PA      | $1659620.41    | 0.01%             | 2048-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZM5865                                                   | CUSIP: 3131Y0QS4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     79433 | PA      | $77303.11      | 0.00%             | 2048-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZM5945                                                   | CUSIP: 3131Y0TA0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1648925 | PA      | $1566926.97    | 0.01%             | 2048-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZM7182                                                   | CUSIP: 3131Y16T2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    577392 | PA      | $561911.78     | 0.00%             | 2048-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZM6427                                                   | CUSIP: 3131Y1D80<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3252054 | PA      | $3072003.52    | 0.01%             | 2048-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZM7926                                                   | CUSIP: 3131Y2YX0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    105398 | PA      | $104896.01     | 0.00%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZN2165                                                   | CUSIP: 3131Y8MN2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1616303 | PA      | $1572930.05    | 0.01%             | 2048-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZA7158                                                   | CUSIP: 31329Q5T4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    394433 | PA      | $380457.84     | 0.00%             | 2049-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZS3695                                                   | CUSIP: 3132A4C89<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2170784 | PA      | $2277494.66    | 0.01%             | 2040-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZS7403                                                   | CUSIP: 3132A8GL7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   6235694 | PA      | $6076410.86    | 0.02%             | 2031-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZT0534                                                   | CUSIP: 3132ACSX9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4914824 | PA      | $4529078.66    | 0.02%             | 2047-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZT1257                                                   | CUSIP: 3132ADME5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    375687 | PA      | $341119.67     | 0.00%             | 2046-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZT1320                                                   | CUSIP: 3132ADPD4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    436273 | PA      | $412119.17     | 0.00%             | 2048-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZT1633                                                   | CUSIP: 3132ADY69<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    772005 | PA      | $735310.58     | 0.00%             | 2047-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SB0866                                                   | CUSIP: 3132CW6B5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  20640781 | PA      | $19293921.90   | 0.07%             | 2037-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SB0040                                                   | CUSIP: 3132CWBH6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   7025881 | PA      | $6759144.94    | 0.03%             | 2033-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SB0116                                                   | CUSIP: 3132CWDV3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2339367 | PA      | $2210437.48    | 0.01%             | 2034-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD0688                                                   | CUSIP: 3132DMXR1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  37195628 | PA      | $31253784.55   | 0.12%             | 2051-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV7632                                                   | CUSIP: 3140MMPS1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1297789 | PA      | $1245413.11    | 0.00%             | 2052-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Brown & Brown Inc                                                                                | BRO 4.95 03/17/52                                           | CUSIP: 115236AF8<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |  18886000 | PA      | $16341048.80   | 0.06%             | 2052-03-17      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG5161                                                   | CUSIP: 3133C5WW7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2077740 | PA      | $2041849.39    | 0.01%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV8484                                                   | CUSIP: 3140MNNA0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1376918 | PA      | $1259980.62    | 0.00%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV8485                                                   | CUSIP: 3140MNNB8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2524255 | PA      | $2307099.16    | 0.01%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV8544                                                   | CUSIP: 3140MNP67<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4088884 | PA      | $3736823.27    | 0.01%             | 2052-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                                 | FN BW0072                                                   | CUSIP: 3140MRCJ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    458438 | PA      | $439936.63     | 0.00%             | 2052-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG6693                                                   | CUSIP: 3133C7NJ2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   6159025 | PA      | $6228494.89    | 0.02%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG7441                                                   | CUSIP: 3133C8HS7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3344481 | PA      | $3382205.01    | 0.01%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                                 | FN BW0081                                                   | CUSIP: 3140MRCT2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    617443 | PA      | $592476.80     | 0.00%             | 2052-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                                 | FN BW0343                                                   | CUSIP: 3140MRLZ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1784015 | PA      | $1711878.72    | 0.01%             | 2052-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BW0972                                                   | CUSIP: 3140MSCJ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6714095 | PA      | $6454720.66    | 0.02%             | 2052-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BW1288                                                   | CUSIP: 3140MSNE1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2615382 | PA      | $2584855.50    | 0.01%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QN0783                                                   | CUSIP: 3133G62Q7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    874524 | PA      | $839689.04     | 0.00%             | 2034-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS5988                                                   | CUSIP: 3140XMUN4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  21498595 | PA      | $18057631.21   | 0.07%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                                 | FN BW7369                                                   | CUSIP: 3140N0FK6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5859736 | PA      | $5794542.94    | 0.02%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BX5759                                                   | CUSIP: 3140NAMH3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    807954 | PA      | $798398.41     | 0.00%             | 2053-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FIGRE TRUST 2024-HE2                                                                             | FIGRE 2024-HE3 A                                            | CUSIP: 31684GAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6011562 | PA      | $6072318.22    | 0.02%             | 2054-07-25      | Variable      | 5.94%                 | Yes           |                  2 | On Loan: No      |
| FIGRE TRUST 2024-HE1                                                                             | FIGRE 2024-HE1 A                                            | CUSIP: 31684HAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9132711 | PA      | $9287889.83    | 0.03%             | 2054-03-25      | Variable      | 6.17%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS6926                                                   | CUSIP: 3140XNVU5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  59669833 | PA      | $50157331.04   | 0.19%             | 2052-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS8037                                                   | CUSIP: 3140XP4X4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6568342 | PA      | $6793994.40    | 0.03%             | 2054-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FIGRE TRUST 2025-HE3                                                                             | FIGRE 2025-HE3 A                                            | CUSIP: 31684LAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  14101000 | PA      | $14118110.15   | 0.05%             | 2055-05-25      | Variable      | 5.56%                 | Yes           |                  2 | On Loan: No      |
| FIGRE TRUST 2025-HE4                                                                             | FIGRE 2025-HE4 A                                            | CUSIP: 31684PAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8911000 | PA      | $8910885.05    | 0.03%             | 2055-07-25      | Variable      | 5.41%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS7607                                                   | CUSIP: 3140XPNZ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5652178 | PA      | $5832210.23    | 0.02%             | 2054-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                                                                    | F 7.2 06/10/30                                              | CUSIP: 345397D42<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   5322000 | PA      | $5600848.85    | 0.02%             | 2030-06-10      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| FIGRE TRUST 2024-HE2                                                                             | FIGRE 2024-HE2 A                                            | CUSIP: 316927AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8730437 | PA      | $8889537.47    | 0.03%             | 2054-05-25      | Variable      | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Intuitive Surgical Inc.                                                                          | Intuitive Surgical Inc. COM USD0.001                        | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |    201836 | NS      | $109679700.76  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2025-5MPR                                                               | JPMMT 2025-5MPR A1D                                         | CUSIP: 46593VAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9903204 | PA      | $9910584.69    | 0.04%             | 2055-11-25      | Variable      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                             | JPMorgan Chase & Co. COM USD1.00                            | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |   1310868 | NS      | $380033741.88  | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Ford Motor Credit Company LLC                                                                    | F 7.122 11/07/33                                            | CUSIP: 345397D67<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |  10934000 | PA      | $11347704.51   | 0.04%             | 2033-11-07      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC.                                                                           | FABSJV 5.5 01/25/31                                         | CUSIP: 350930AF0<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |   5367000 | PA      | $5504911.40    | 0.02%             | 2031-01-25      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                             | JPM V5.14 01/24/31                                          | CUSIP: 46647PEV4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  21125000 | PA      | $21663243.24   | 0.08%             | 2031-01-24      | Variable      | 5.14%                 | No            |                  2 | On Loan: No      |
| Jane Street Group LLC / JSG Finance Inc.                                                         | JANEST 7.125 04/30/31 144A                                  | CUSIP: 47077WAC2<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |  14182000 | PA      | $14921690.57   | 0.06%             | 2031-04-30      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Jane Street Group LLC / JSG Finance Inc.                                                         | JANEST 6.125 11/01/32 144A                                  | CUSIP: 47077WAD0<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |  34751000 | PA      | $35082740.00   | 0.13%             | 2032-11-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Johnson & Johnson                                                                                | Johnson & Johnson COM USD1.00                               | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |   1141673 | NS      | $174390550.75  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Foundry JV Holdco LLC.                                                                           | FABSJV 5.9 01/25/33                                         | CUSIP: 350930AG8<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |  11728000 | PA      | $12158195.47   | 0.04%             | 2033-01-25      | Fixed         | 5.90%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 MA4068                                                   | CUSIP: 36179SQV2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  27641834 | PA      | $24798294.07   | 0.09%             | 2046-11-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| KLA Corp.                                                                                        | KLA Corp. COM USD0.001                                      | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |    230021 | NS      | $206039010.54  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| LAD AUTO RECEIVABLES TRUST                                                                       | LADAR 2022-1A A                                             | CUSIP: 501687AA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1458818 | PA      | $1459033.44    | 0.01%             | 2027-06-15      | Fixed         | 5.21%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | GN 784059                                                   | CUSIP: 3622A2QL9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   7365341 | PA      | $7026604.31    | 0.03%             | 2045-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | GN 784182                                                   | CUSIP: 3622A2UF7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   9616719 | PA      | $9399043.27    | 0.03%             | 2046-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| LKQ Corporation                                                                                  | LKQ 5.75 06/15/28                                           | CUSIP: 501889AD1<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | DBT              | CORP              | US        |  13113000 | PA      | $13510000.53   | 0.05%             | 2028-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| LHOME MTG TR 2024-RTL3                                                                           | LHOME 2024-RTL3 A1                                          | CUSIP: 50205GAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8285561 | PA      | $8380862.35    | 0.03%             | 2029-05-25      | Variable      | 6.90%                 | Yes           |                  2 | On Loan: No      |
| LHOME MORTGAGE TRUST 2024-RTL2                                                                   | LHOME 2024-RTL2 A1                                          | CUSIP: 50205JAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6506012 | PA      | $6569888.68    | 0.02%             | 2029-03-25      | Variable      | 7.13%                 | Yes           |                  2 | On Loan: No      |
| LHOME MORTGAGE TRUST                                                                             | LHOME 2024-RTL4 A1                                          | CUSIP: 50205PAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  24872433 | PA      | $24974511.95   | 0.09%             | 2039-07-25      | Variable      | 5.92%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | GN 625655                                                   | CUSIP: 36291EBY6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     40195 | PA      | $42174.00      | 0.00%             | 2034-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| KRE COMMERCIAL MORTGAGE TRUST 2025-                                                              | KRE 2025-AIP4 A                                             | CUSIP: 50077KAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  21828000 | PA      | $21773439.32   | 0.08%             | 2042-03-15      | Variable      | 5.61%                 | Yes           |                  2 | On Loan: No      |
| LPL Holdings Inc.                                                                                | LPLA 6.75 11/17/28                                          | CUSIP: 50212YAH7<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |  30079000 | PA      | $32079308.54   | 0.12%             | 2028-11-17      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| LPL Holdings Inc.                                                                                | LPLA 6 05/20/34                                             | CUSIP: 50212YAK0<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |  19554000 | PA      | $20220275.17   | 0.07%             | 2034-05-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| LPL Holdings Inc.                                                                                | LPLA 5.2 03/15/30                                           | CUSIP: 50212YAL8<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |   8509000 | PA      | $8641118.22    | 0.03%             | 2030-03-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| LPL Holdings Inc.                                                                                | LPLA 5.65 03/15/35                                          | CUSIP: 50212YAM6<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |  14248000 | PA      | $14325267.33   | 0.05%             | 2035-03-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| LBA TRUST 2024-BOLT                                                                              | LBA 2024-BOLT A                                             | CUSIP: 50177BAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  19813000 | PA      | $19820748.04   | 0.07%             | 2039-06-15      | Variable      | 5.90%                 | Yes           |                  2 | On Loan: No      |
| OAK STREET INVESTMENT                                                                            | OAKIG 2020-1A A1                                            | CUSIP: 67181DAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  12053907 | PA      | $11811426.57   | 0.04%             | 2050-11-20      | Fixed         | 1.85%                 | Yes           |                  2 | On Loan: No      |
| LPL Holdings Inc.                                                                                | LPLA 5.15 06/15/30                                          | CUSIP: 50212YAP9<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |  13703000 | PA      | $13872900.35   | 0.05%             | 2030-06-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| LPL Holdings Inc.                                                                                | LPLA 5.75 06/15/35                                          | CUSIP: 50212YAQ7<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |  16998000 | PA      | $17196611.26   | 0.06%             | 2035-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Organon & Co. / Organon Foreign Debt Co-Issuer BV                                                | OGN 7.875 05/15/34 144a                                     | CUSIP: 68622FAB7<br>LEI: 549300AMCKY57OK2CO56 | Long             | DBT              | CORP              | US        |  21790000 | PA      | $19677421.59   | 0.07%             | 2034-05-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Texas Commercial Mortgage Trust 2025-Twr                                                         | TEXAS 2025-TWR A                                            | CUSIP: 88231WAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8177000 | PA      | $8161740.40    | 0.03%             | 2042-04-15      | Variable      | 5.60%                 | Yes           |                  2 | On Loan: No      |
| Lam Research Corporation                                                                         | Lam Research Corporation COM NEW                            | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |   1814470 | NS      | $176620509.80  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Lightning Power                                                                                  | Lightning Power Term Loan B 325 2031-07-28                  | CUSIP: 53229LAB3<br>LEI: 254900BWCHJ03XRL8K59 | Long             | LON              | CORP              | US        |  27252055 | PA      | $27282304.78   | 0.10%             | 2031-08-18      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| Blue Owl Credit Income Corp.                                                                     | OCINCC 4.7 02/08/27 *                                       | CUSIP: 69120VAF8<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |   2729000 | PA      | $2711675.22    | 0.01%             | 2027-02-08      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Blue Owl Credit Income Corp.                                                                     | OCINCC 7.95 06/13/28                                        | CUSIP: 69120VBB6<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |   8994000 | PA      | $9616249.26    | 0.04%             | 2028-06-13      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| OHA Credit Funding 7 Ltd.                                                                        | OAKC 2020-7A A1R2                                           | CUSIP: 67098WAY7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  24903000 | PA      | $24950315.70   | 0.09%             | 2038-07-19      | Variable      | 5.54%                 | Yes           |                  2 | On Loan: No      |
| OHA CREDIT FUNDING 9 LTD                                                                         | OAKC 2021-9A A2R                                            | CUSIP: 67690AAQ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  17357000 | PA      | $17384082.13   | 0.06%             | 2037-10-19      | Variable      | 5.85%                 | Yes           |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE T                                                              | GRADE 2024-FIG5 A                                           | CUSIP: 79582MAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9339175 | PA      | $9385192.11    | 0.03%             | 2054-04-25      | Variable      | 6.25%                 | Yes           |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MTG TR 202                                                              | GRADE 2024-RTL6 A1                                          | CUSIP: 79585UAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  18334250 | PA      | $18569678.27   | 0.07%             | 2030-07-25      | Variable      | 7.44%                 | Yes           |                  2 | On Loan: No      |
| Santander Bank Auto Credit-Linked Notes Series 2021-1                                            | SBCLN 2022-B A2                                             | CUSIP: 80290CBD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1387360 | PA      | $1394231.69    | 0.01%             | 2032-08-16      | Fixed         | 5.59%                 | Yes           |                  2 | On Loan: No      |
| Sequoia Mortgage Trust 2004 11                                                                   | SEMT 2013-5 A1                                              | CUSIP: 81745AAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1872279 | PA      | $1645778.04    | 0.01%             | 2043-05-25      | Variable      | 2.50%                 | Yes           |                  2 | On Loan: No      |
| SEQUOIA MORTGAGE TRUST                                                                           | SEMT 2020-2 A19                                             | CUSIP: 81748KBN1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    732437 | PA      | $646032.15     | 0.00%             | 2050-03-25      | Variable      | 3.50%                 | Yes           |                  2 | On Loan: No      |
| The TJX Companies Inc.                                                                           | The TJX Companies Inc. COM USD1                             | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |    912057 | NS      | $112629918.93  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile USA, Inc.                                                                               | TMUS 5.125 05/15/32                                         | CUSIP: 87264ADS1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |  14809000 | PA      | $15102114.54   | 0.06%             | 2032-05-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| T-Mobile USA, Inc.                                                                               | TMUS 5.3 05/15/35                                           | CUSIP: 87264ADT9<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |  32085000 | PA      | $32487232.32   | 0.12%             | 2035-05-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| TYSN 2023 CRNR MORTGAGE TRUST                                                                    | TYSN 2023-CRNR A                                            | CUSIP: 87332PAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  23414873 | PA      | $24773930.77   | 0.09%             | 2033-12-10      | Variable      | 6.80%                 | Yes           |                  2 | On Loan: No      |
| Taco Bell Funding Llc                                                                            | BELL 2021-1A A2II                                           | CUSIP: 87342RAH7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5546212 | PA      | $5047712.72    | 0.02%             | 2051-08-25      | Fixed         | 2.29%                 | Yes           |                  2 | On Loan: No      |
| Teva Pharmaceutical Finance Company LLC                                                          | TEVA 6.15 02/01/36                                          | CUSIP: 88163VAD1<br>LEI: 5493006PITD7MU7WW480 | Long             | DBT              | CORP              | US        |   8271000 | PA      | $8503456.46    | 0.03%             | 2036-02-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: —       |
| Thermo Fisher Scientific Inc                                                                     | Thermo Fisher Scientific Inc COM USD1                       | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |    350251 | NS      | $142012770.46  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| JANUS CAPITAL GROUP INC                                                                          | Janus Henderson Cash Liquidity Fund LLC                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        | 374292388 | NS      | $374367246.63  | 1.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Eaton Corporation PLC                                                                            | Eaton Corporation PLC COM USD0.01                           | CUSIP: G29183103<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | US        |    520147 | NS      | $185687277.53  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| ELMWOOD CLO X LTD                                                                                | ELM10 2021-3A AR2                                           | CUSIP: 29002VAW8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  24120000 | PA      | $24120000.00   | 0.09%             | 2038-07-20      | Variable      | 5.56%                 | Yes           |                  2 | On Loan: No      |
| Jbs Usa Lux SA/Jbs Usa Food Company/Jbs Usa Finance Inc                                          | JBSSBZ 3 05/15/32                                           | CUSIP: 46590XAP1<br>LEI: RB8RC03FUD8DSX57C193 | Long             | DBT              | CORP              | LU        |  13810000 | PA      | $12090131.60   | 0.04%             | 2032-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SIXTH STREET CLO IX LTD                                                                          | SIXST 2017-9A AR                                            | CUSIP: 83012CAC9<br>LEI: 254900JG2DPAYUCW8T83 | Long             | ABS-CBDO         | CORP              | KY        |  24810000 | PA      | $24892185.61   | 0.09%             | 2037-07-21      | Variable      | 5.65%                 | Yes           |                  2 | On Loan: No      |
| Teva Pharmaceutical Finance Netherlands III B.V.                                                 | TEVA 6 12/01/32                                             | CUSIP: 88167AAT8<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |  14987000 | PA      | $15305039.13   | 0.06%             | 2032-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Teva Pharmaceutical Finance Netherlands IV B.V.                                                  | TEVA 5.75 12/01/30                                          | CUSIP: 881937AA4<br>LEI: 549300GKSD1RG56QRY33 | Long             | DBT              | CORP              | NL        |  11755000 | PA      | $11965825.22   | 0.04%             | 2030-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Texas Debt Cap Clo 2023-II ltd. / LLC                                                            | TCIFC 2023-2A A1R                                           | CUSIP: 88239MAJ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  25800000 | PA      | $25903313.52   | 0.10%             | 2037-10-21      | Variable      | 5.64%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZT1145                                                   | CUSIP: 3132ADHW1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    667757 | PA      | $657063.45     | 0.00%             | 2044-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZT1167                                                   | CUSIP: 3132ADJL3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     17711 | PA      | $16919.47      | 0.00%             | 2045-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QF0488                                                   | CUSIP: 3133BMRH0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   6268491 | PA      | $6327537.52    | 0.02%             | 2052-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QF2145                                                   | CUSIP: 3133BPL22<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    361452 | PA      | $356804.16     | 0.00%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QF2386                                                   | CUSIP: 3133BPUK2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  11279513 | PA      | $11134483.58   | 0.04%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QF2437                                                   | CUSIP: 3133BPV62<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    380748 | PA      | $387463.91     | 0.00%             | 2052-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QF6841                                                   | CUSIP: 3133BUS65<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    407451 | PA      | $402131.72     | 0.00%             | 2053-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QF7813                                                   | CUSIP: 3133BVVE2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    467211 | PA      | $461861.64     | 0.00%             | 2053-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QF8398                                                   | CUSIP: 3133BWKK8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1682972 | PA      | $1660387.37    | 0.01%             | 2053-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QF9871                                                   | CUSIP: 3133BX6G1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1618563 | PA      | $1596740.87    | 0.01%             | 2053-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG1442                                                   | CUSIP: 3133C1S76<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1865087 | PA      | $1834111.65    | 0.01%             | 2053-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG2380                                                   | CUSIP: 3133C2UD8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5483958 | PA      | $5409330.48    | 0.02%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG2543                                                   | CUSIP: 3133C2ZG6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    508722 | PA      | $514527.78     | 0.00%             | 2053-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG3598                                                   | CUSIP: 3133C37K6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3233244 | PA      | $3189244.96    | 0.01%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG3742                                                   | CUSIP: 3133C4EP5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    418994 | PA      | $413292.20     | 0.00%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG3917                                                   | CUSIP: 3133C4K60<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1335791 | PA      | $1317612.77    | 0.00%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG3912                                                   | CUSIP: 3133C4KZ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1679998 | PA      | $1699172.20    | 0.01%             | 2053-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG4676                                                   | CUSIP: 3133C5FR7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    843621 | PA      | $829048.28     | 0.00%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG4741                                                   | CUSIP: 3133C5HS3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1259566 | PA      | $1261346.29    | 0.00%             | 2053-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG4742                                                   | CUSIP: 3133C5HT1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2219529 | PA      | $2181935.33    | 0.01%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG5055                                                   | CUSIP: 3133C5TL5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1776747 | PA      | $1746652.81    | 0.01%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QN0786                                                   | CUSIP: 3133G62T1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2025332 | PA      | $1946631.18    | 0.01%             | 2034-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QN0951                                                   | CUSIP: 3133G7BU6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    624667 | PA      | $590361.27     | 0.00%             | 2034-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR RA1087                                                   | CUSIP: 3133KGF45<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2814983 | PA      | $2715246.17    | 0.01%             | 2049-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR RA1088                                                   | CUSIP: 3133KGF52<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    507731 | PA      | $492806.69     | 0.00%             | 2049-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR RA1188                                                   | CUSIP: 3133KGJ90<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2784896 | PA      | $2686225.14    | 0.01%             | 2049-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR RA1999                                                   | CUSIP: 3133KHGG5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1873353 | PA      | $1806978.82    | 0.01%             | 2050-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR RA5285                                                   | CUSIP: 3133KL2S5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  36928302 | PA      | $30973024.09   | 0.11%             | 2051-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR RA5906                                                   | CUSIP: 3133KMR31<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  34553577 | PA      | $29055773.93   | 0.11%             | 2051-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR RA9851                                                   | CUSIP: 3133KR5L4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  36796408 | PA      | $37841248.82   | 0.14%             | 2053-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SE9056                                                   | CUSIP: 3133SKBZ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   6121503 | PA      | $5828166.76    | 0.02%             | 2050-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SI2017                                                   | CUSIP: 3133USG21<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5440287 | PA      | $5139120.88    | 0.02%             | 2048-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QI2699                                                   | CUSIP: 3133W87L1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3185544 | PA      | $3243113.09    | 0.01%             | 2054-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QA4936                                                   | CUSIP: 31346YPV9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    899600 | PA      | $789077.42     | 0.00%             | 2049-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SL1226                                                   | CUSIP: 31427NLG2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   8263604 | PA      | $8361682.11    | 0.03%             | 2055-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR RJ1341                                                   | CUSIP: 3142GRP38<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  26629953 | PA      | $27387515.17   | 0.10%             | 2054-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR RJ2663                                                   | CUSIP: 3142GS5Z7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   9256749 | PA      | $9126532.18    | 0.03%             | 2054-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR RJ2292                                                   | CUSIP: 3142GSRN0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  25637909 | PA      | $25924987.57   | 0.10%             | 2054-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR RJ3021                                                   | CUSIP: 3142GTLB0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  42665785 | PA      | $42858648.03   | 0.16%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                              | US T-NOTE 2YR                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |      5396 | NC      | $2932170.31    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                                              | US T-BOND 30YR                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |      5467 | NC      | $19054014.83   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| BX TRUST 2025-ROIC                                                                               | BX 2025-ROIC A                                              | CUSIP: 05593VAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  31970000 | PA      | $31770694.13   | 0.12%             | 2030-03-15      | Variable      | 5.46%                 | Yes           |                  2 | On Loan: No      |
| BX TRUST 2025-ROIC                                                                               | BX 2025-ROIC B                                              | CUSIP: 05593VAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6996000 | PA      | $6943920.59    | 0.03%             | 2030-03-15      | Variable      | 5.71%                 | Yes           |                  2 | On Loan: No      |
| Amgen Inc.                                                                                       | Amgen Inc. COM USD0.0001                                    | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |    461893 | NS      | $128965144.53  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corporation                                                                             | Amphenol Corporation CL'A'COM USD0.001                      | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |   1901974 | NS      | $187819932.50  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| A&D MORTGAGE TRUST 2024-NQM5                                                                     | ADMT 2024-NQM5 A1                                           | CUSIP: 00039KAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8916700 | PA      | $8930295.90    | 0.03%             | 2069-11-25      | Fixed         | 5.70%                 | Yes           |                  2 | On Loan: No      |
| Abbott Laboratories                                                                              | Abbott Laboratories COM NPV                                 | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |   1007813 | NS      | $137072646.13  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc.                                                                                      | AbbVie Inc. COM USD0.01                                     | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |    951997 | NS      | $176709683.14  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| ALA TRUST 2025-OANA                                                                              | ALA 2025-OANA A                                             | CUSIP: 009920AA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  40760000 | PA      | $40909565.38   | 0.15%             | 2040-06-15      | Variable      | 6.04%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                              | US T-NOTE 5YR                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |     12516 | NC      | $14577522.88   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                                              | US T-NOTE 10YR                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |      -875 | NC      | $-1507352.92   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QD9182                                                   | CUSIP: 3133B7FX1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2813552 | PA      | $2477322.15    | 0.01%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QD9513                                                   | CUSIP: 3133B7SA7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3330757 | PA      | $2785602.30    | 0.01%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Meta Platforms Inc                                                                               | Meta Platforms Inc COM USD0.000006 CL 'A'                   | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |    855862 | NS      | $631703183.58  | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD4247                                                   | CUSIP: 3132E0WG3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  14485366 | PA      | $15165122.05   | 0.06%             | 2053-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Huntington National Bank of Ohio                                                                 | HACLN 2024-2 B1                                             | CUSIP: 44644NAG4<br>LEI: 2WHM8VNJH63UN14OL754 | Long             | ABS-O            | CORP              | US        |   7720099 | PA      | $7775464.94    | 0.03%             | 2032-10-20      | Fixed         | 5.44%                 | Yes           |                  2 | On Loan: No      |
| Walt Disney Company                                                                              | Walt Disney Company COM DISNEY USD0.01                      | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |   2444699 | NS      | $303167122.99  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                                              | US T-BOND ULTRA                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |      3375 | NC      | $8044000.87    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QE0318                                                   | CUSIP: 3133B9K78<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    291254 | PA      | $279500.16     | 0.00%             | 2052-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QE0354                                                   | CUSIP: 3133B9MB7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2933160 | PA      | $2680826.51    | 0.01%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Aon North America Inc.                                                                           | AON 5.45 03/01/34                                           | CUSIP: 03740MAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  45231000 | PA      | $46460783.40   | 0.17%             | 2034-03-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Apple Inc.                                                                                       | Apple Inc. COM USD0.00001                                   | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |   3443727 | NS      | $706549468.59  | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD4294                                                   | CUSIP: 3132E0XX5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4667254 | PA      | $4744586.70    | 0.02%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QA2159                                                   | CUSIP: 31334YMG9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    772667 | PA      | $669924.44     | 0.00%             | 2049-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FNR 2019-71 P                                               | CUSIP: 3136B6B77<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   8404402 | PA      | $7530329.31    | 0.03%             | 2049-11-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HLSS HOLDINGS LLC                                                                                | NZES 2020-PLS1 A                                            | CUSIP: 433674AA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1822662 | PA      | $1803583.81    | 0.01%             | 2025-12-25      | Fixed         | 3.84%                 | Yes           |                  2 | On Loan: No      |
| Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC / (Albertsons Safeway LLC) | ACI 6.5 02/15/28 144A                                       | CUSIP: 01309QAA6<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |  14308000 | PA      | $14648939.61   | 0.05%             | 2028-02-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Alpha Generation LLC                                                                             | Alpha Generation LLC Term Loan B 275 2031-09-08             | CUSIP: 02072UAC6<br>LEI: 254900K5V62L4YGVKF49 | Long             | LON              | CORP              | US        |  14930970 | PA      | $14899913.58   | 0.06%             | 2031-09-30      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QE1072                                                   | CUSIP: 3133BAFM8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2868140 | PA      | $2621400.45    | 0.01%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QE1073                                                   | CUSIP: 3133BAFN6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    854613 | PA      | $782033.73     | 0.00%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MELLO MORTGAGE CAPITAL ACCEPTANCE 2022-INV1                                                      | MELLO 2022-INV1 A2                                          | CUSIP: 585490AC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7060290 | PA      | $6005085.40    | 0.02%             | 2052-03-25      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| MELLO MORTGAGE CAPITAL ACCEPTANCE 2024-SD1                                                       | MELLO 2024-SD1 A1                                           | CUSIP: 58550DAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8080589 | PA      | $7904949.74    | 0.03%             | 2054-04-25      | Variable      | 4.00%                 | Yes           |                  2 | On Loan: No      |
| BX TRUST                                                                                         | BX 2019-OC11 B                                              | CUSIP: 05606FAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2965000 | PA      | $2789731.44    | 0.01%             | 2041-12-09      | Fixed         | 3.60%                 | Yes           |                  2 | On Loan: No      |
| BX TRUST                                                                                         | BX 2019-OC11 C                                              | CUSIP: 05606FAJ2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8218000 | PA      | $7732197.04    | 0.03%             | 2041-12-09      | Fixed         | 3.86%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                                    | STACR 2021-HQA3 M2                                          | CUSIP: 35564KJP5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5220531 | PA      | $5262444.25    | 0.02%             | 2041-09-25      | Variable      | 6.41%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                                    | STACR 2021-HQA4 M1                                          | CUSIP: 35564KNK1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  13860718 | PA      | $13834729.35   | 0.05%             | 2041-12-25      | Variable      | 5.26%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2020-Hqa2                                                          | FR QB3353                                                   | CUSIP: 3133A9WN1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1636247 | PA      | $1392726.24    | 0.01%             | 2050-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QC5848                                                   | CUSIP: 3133AQP92<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  42220598 | PA      | $35385714.94   | 0.13%             | 2051-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                                  | CVS 5.7 06/01/34                                            | CUSIP: 126650ED8<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |  14746000 | PA      | $15182411.56   | 0.06%             | 2034-06-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: —       |
| Chipotle Mexican Grill Inc                                                                       | Chipotle Mexican Grill Inc COM USD0.01                      | CUSIP: 169656105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2275418 | NS      | $127764720.70  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QD4842                                                   | CUSIP: 3133B2LX5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2335781 | PA      | $1973858.85    | 0.01%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QD6087                                                   | CUSIP: 3133B3XQ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3646755 | PA      | $3082829.38    | 0.01%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| COMPASS DATACENTERS ISSUER II LLC                                                                | CMPDC 2025-1A A1                                            | CUSIP: 20469CAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  40120000 | PA      | $40692127.09   | 0.15%             | 2050-05-25      | Fixed         | 5.32%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QA5622                                                   | CUSIP: 3133A0G73<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    771323 | PA      | $676560.64     | 0.00%             | 2049-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                                    | STACR 2021-HQA4 M2                                          | CUSIP: 35564KNS4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   6594891 | PA      | $6684411.48    | 0.02%             | 2041-12-25      | Variable      | 6.66%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                                    | STACR 2022-DNA2 M1A                                         | CUSIP: 35564KRE1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1665318 | PA      | $1669601.46    | 0.01%             | 2042-02-25      | Variable      | 5.61%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                                    | STACR 2022-HQA1 M1A                                         | CUSIP: 35564KTA7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2932350 | PA      | $2949661.95    | 0.01%             | 2042-03-25      | Variable      | 6.41%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                              | US T-NOTE ULTRA 10Y                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |     -5070 | NC      | $-4729616.04   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| TOORAK MORTGAGE CORP                                                                             | TRK 2025-RRTL1 A1                                           | CUSIP: 89053JAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7590000 | PA      | $7610356.38    | 0.03%             | 2040-02-25      | Variable      | 5.52%                 | Yes           |                  2 | On Loan: No      |
| Union Pacific Corporation                                                                        | Union Pacific Corporation COM USD2.50                       | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |    472195 | NS      | $108642625.60  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Monster Beverage Corp                                                                            | Monster Beverage Corp COM USD0.005                          | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |   1991878 | NS      | $124771237.92  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorola Solutions Inc                                                                           | Motorola Solutions Inc COM USD0.01                          | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |    229433 | NS      | $96467399.18   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc.                                                                          | UnitedHealth Group Inc. COM USD0.01                         | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |    510858 | NS      | $159372370.26  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc.                                                                          | UNH 4.95 01/15/32                                           | CUSIP: 91324PFH0<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |  32617000 | PA      | $33034336.15   | 0.12%             | 2032-01-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Nasdaq Inc                                                                                       | NDAQ 5.55 02/15/34                                          | CUSIP: 63111XAJ0<br>LEI: 549300L8X1Q78ERXFD06 | Long             | DBT              | CORP              | US        |  30957000 | PA      | $32253148.54   | 0.12%             | 2034-02-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Netflix, Inc.                                                                                    | Netflix, Inc. COM USD0.001                                  | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |    231879 | NS      | $310516125.27  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Nike, Inc.                                                                                       | Nike, Inc. CLASS'B'COM NPV                                  | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |   1646383 | NS      | $116959048.32  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| NRTH 2024-PARK MORTGAGE TRUST                                                                    | NRTH 2024-PARK A                                            | CUSIP: 67021HAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  35750000 | PA      | $35772745.02   | 0.13%             | 2041-03-15      | Variable      | 5.95%                 | Yes           |                  2 | On Loan: No      |
| BX TRUST                                                                                         | BX 2021-LBA AV                                              | CUSIP: 05609BAV1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  14912300 | PA      | $14895189.33   | 0.06%             | 2036-02-15      | Variable      | 5.23%                 | Yes           |                  2 | On Loan: No      |
| BX TRUST                                                                                         | BX 2021-LBA AJV                                             | CUSIP: 05609BCD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  18764000 | PA      | $18731211.70   | 0.07%             | 2036-02-15      | Variable      | 5.23%                 | Yes           |                  2 | On Loan: No      |
| RCKT MORTGAGE TRUST 2025-CES6                                                                    | RCKT 2025-CES6 A1A                                          | CUSIP: 748949AA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6548000 | PA      | $6580879.47    | 0.02%             | 2055-06-25      | Variable      | 5.47%                 | Yes           |                  2 | On Loan: No      |
| WOODWARD CAPITAL MANAGEMENT                                                                      | RCKT 2023-CES1 A1A                                          | CUSIP: 74935WAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4778406 | PA      | $4796570.71    | 0.02%             | 2043-06-25      | Variable      | 6.51%                 | Yes           |                  2 | On Loan: No      |
| Alphabet Inc.                                                                                    | Alphabet Inc. CAP USD0.001 CL C                             | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |   3891950 | NS      | $690393010.50  | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                                                                                 | Amazon.com, Inc. COM USD0.01                                | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |   3857344 | NS      | $846262700.16  | 3.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QA8274                                                   | CUSIP: 3133A3FP8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    571952 | PA      | $517902.34     | 0.00%             | 2050-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QB1708                                                   | CUSIP: 3133A73R8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    931203 | PA      | $793189.29     | 0.00%             | 2050-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| WOODWARD CAPITAL MANAGEMENT                                                                      | RCKT 2024-CES2 A1A                                          | CUSIP: 74938PAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  28605897 | PA      | $28787119.80   | 0.11%             | 2044-04-25      | Variable      | 6.14%                 | Yes           |                  2 | On Loan: No      |
| WOODWARD CAPITAL MANAGEMENT                                                                      | RCKT 2023-CES3 A1A                                          | CUSIP: 749407AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7932297 | PA      | $8048894.29    | 0.03%             | 2043-11-25      | Variable      | 7.11%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CA5573                                                   | CUSIP: 3140QDFP4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1909300 | PA      | $1793448.70    | 0.01%             | 2050-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CA6635                                                   | CUSIP: 3140QELR1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  45533010 | PA      | $38627866.56   | 0.14%             | 2050-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST                                                                     | BX 2021-VOLT B                                              | CUSIP: 05609VAG0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  15447964 | PA      | $15387333.48   | 0.06%             | 2036-09-15      | Variable      | 5.38%                 | Yes           |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST                                                                     | BX 2021-VOLT D                                              | CUSIP: 05609VAL9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  16171679 | PA      | $16053011.96   | 0.06%             | 2036-09-15      | Variable      | 6.08%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB2681                                                   | CUSIP: 3140QM6T6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2216366 | PA      | $2030249.08    | 0.01%             | 2052-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB3501                                                   | CUSIP: 3140QN3K6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6896777 | PA      | $6261171.10    | 0.02%             | 2052-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Amcor Flexibles North America Inc                                                                | AMCR 5.5 03/17/35 144A                                      | CUSIP: 02344AAE8<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | DBT              | CORP              | US        |  14280000 | PA      | $14487990.63   | 0.05%             | 2035-03-17      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| American Electric Power Co, Inc.                                                                 | AEP 5.625 03/01/33                                          | CUSIP: 025537AX9<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |  21563000 | PA      | $22415635.74   | 0.08%             | 2033-03-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2022-FOX2                                                                               | BX 2022-FOX2 A2                                             | CUSIP: 05610AAW8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  13024636 | PA      | $13007533.02   | 0.05%             | 2039-04-15      | Variable      | 5.06%                 | Yes           |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2023-VLT3                                                           | BX 2023-VLT3 A                                              | CUSIP: 05611GAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  18578211 | PA      | $18578169.42   | 0.07%             | 2028-11-15      | Variable      | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QD7069                                                   | CUSIP: 3133B42A2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5565180 | PA      | $4690140.84    | 0.02%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QD6554                                                   | CUSIP: 3133B4H73<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2991749 | PA      | $2619442.95    | 0.01%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2023-VLT3                                                           | BX 2023-VLT3 B                                              | CUSIP: 05611GAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  15919610 | PA      | $15919324.59   | 0.06%             | 2028-11-15      | Variable      | 7.00%                 | Yes           |                  2 | On Loan: No      |
| BX TRUST 2024-VLT4                                                                               | BX 2024-VLT4 A                                              | CUSIP: 05612TAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  24841746 | PA      | $24836616.05   | 0.09%             | 2029-07-15      | Variable      | 5.80%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QD6555                                                   | CUSIP: 3133B4H81<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1940565 | PA      | $1708877.92    | 0.01%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QD8288                                                   | CUSIP: 3133B6F54<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    911313 | PA      | $765177.71     | 0.00%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank, National Association                                                        | CHASE 2021-CL1 M1                                           | CUSIP: 46591HBX7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  12859481 | PA      | $12626532.35   | 0.05%             | 2050-02-25      | Variable      | 5.51%                 | Yes           |                  2 | On Loan: No      |
| BX TRUST 2024-BRBK                                                                               | BX 2024-BRBK A                                              | CUSIP: 05613NAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  29782657 | PA      | $29970453.32   | 0.11%             | 2041-10-15      | Variable      | 7.19%                 | Yes           |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2024-AIR2                                                           | BX 2024-AIR2 A                                              | CUSIP: 05613QAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  26045578 | PA      | $26075427.77   | 0.10%             | 2041-10-15      | Variable      | 5.80%                 | Yes           |                  2 | On Loan: No      |
| UnitedHealth Group Inc.                                                                          | UNH 5.15 07/15/34                                           | CUSIP: 91324PFJ6<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |  13111000 | PA      | $13243388.72   | 0.05%             | 2034-07-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Trane Technologies PLC                                                                           | Trane Technologies PLC COM USD1                             | CUSIP: G8994E103<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | US        |    396293 | NS      | $173342521.13  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Company                                                                         | American Express Company COM USD0.20                        | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |   1386401 | NS      | $442234190.98  | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Trust I                                                                           | AMETOW 5.49 03/15/28                                        | CUSIP: 03027WAM4<br>LEI: 5493004YGM0MQZJOEJ36 | Long             | ABS-O            | CORP              | US        |  33827000 | PA      | $34256839.69   | 0.13%             | 2028-03-15      | Fixed         | 5.49%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QD9191                                                   | CUSIP: 3133B7F86<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    718181 | PA      | $657241.68     | 0.00%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Hilton Worldwide Holdings Inc                                                                    | Hilton Worldwide Holdings Inc COM USD0.01                   | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |    573838 | NS      | $152836012.92  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| WOODWARD CAPITAL MANAGEMENT                                                                      | RCKT 2024-CES1 A1A                                          | CUSIP: 749424AA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10141042 | PA      | $10182238.70   | 0.04%             | 2044-02-25      | Variable      | 6.03%                 | Yes           |                  2 | On Loan: No      |
| UWM MORTGAGE TRUST 2021-INVI                                                                     | UWM 2021-INV1 A9                                            | CUSIP: 90354XAJ9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  11573323 | PA      | $10678377.43   | 0.04%             | 2051-08-25      | Variable      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| HOMEWARD OPPORTUNITIES FUND TRUST 2024-RTL1                                                      | HOF 2024-RTL1 A1                                            | CUSIP: 43789FAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  26188000 | PA      | $26340841.02   | 0.10%             | 2029-07-25      | Variable      | 7.12%                 | Yes           |                  2 | On Loan: No      |
| HOMEWARD OPPORTUNITIES FD TR 2024-                                                               | HOF 2024-RRTL2 A1                                           | CUSIP: 43789GAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  11602000 | PA      | $11630798.48   | 0.04%             | 2039-09-25      | Variable      | 5.99%                 | Yes           |                  2 | On Loan: No      |
| Applovin Corp.                                                                                   | APP 5.375 12/01/31                                          | CUSIP: 03831WAC2<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | DBT              | CORP              | US        |  18923000 | PA      | $19255555.64   | 0.07%             | 2031-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Applovin Corp.                                                                                   | APP 5.5 12/01/34                                            | CUSIP: 03831WAD0<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | DBT              | CORP              | US        |  22083000 | PA      | $22420771.85   | 0.08%             | 2034-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2025-DIME                                                                               | BX 2025-DIME A                                              | CUSIP: 05613UAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  25165000 | PA      | $25068621.65   | 0.09%             | 2035-02-15      | Variable      | 5.48%                 | Yes           |                  2 | On Loan: No      |
| BX COML MTG TR 2024-VLT5                                                                         | BX 2024-VLT5 A                                              | CUSIP: 05614JAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  33959000 | PA      | $34244057.93   | 0.13%             | 2046-11-13      | Variable      | 5.59%                 | Yes           |                  2 | On Loan: No      |
| VANTAGE DATA CENTERS ISSUER LLC                                                                  | VDC 2020-1A A2                                              | CUSIP: 92212KAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  17832000 | PA      | $17699097.44   | 0.07%             | 2045-09-15      | Fixed         | 1.65%                 | Yes           |                  2 | On Loan: No      |
| VANTAGE DATA CENTERS ISSUER LLC                                                                  | VDC 2020-2A A2                                              | CUSIP: 92212KAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  11511000 | PA      | $10803924.07   | 0.04%             | 2045-09-15      | Fixed         | 1.99%                 | Yes           |                  2 | On Loan: No      |
| VASA TRUST                                                                                       | VASA 2021-VASA A                                            | CUSIP: 92230AAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8418000 | PA      | $8168489.80    | 0.03%             | 2039-07-15      | Variable      | 5.33%                 | Yes           |                  2 | On Loan: No      |
| Vertex Pharmaceuticals Incorporated                                                              | Vertex Pharmaceuticals Incorporated COM USD0.01             | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |    281778 | NS      | $125447565.60  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Applovin Corp.                                                                                   | APP 5.95 12/01/54                                           | CUSIP: 03831WAE8<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | DBT              | CORP              | US        |   6403000 | PA      | $6253370.60    | 0.02%             | 2054-12-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Gallagher Aj &Co                                                                                 | AJG 6.5 02/15/34                                            | CUSIP: 04316JAF6<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |  10096000 | PA      | $11076641.54   | 0.04%             | 2034-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HOMEWARD OPPORTUNITIES FUND TRUST 2                                                              | HOF 2025-RRTL1 A1                                           | CUSIP: 437919AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  19839000 | PA      | $19867242.80   | 0.07%             | 2040-03-25      | Variable      | 5.48%                 | Yes           |                  2 | On Loan: No      |
| Howmet Aerospace Inc                                                                             | Howmet Aerospace Inc COM                                    | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |    791866 | NS      | $147390018.58  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI Properties LP                                                                               | VICI 5.625 04/01/35                                         | CUSIP: 925650AK9<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |  16210000 | PA      | $16359011.56   | 0.06%             | 2035-04-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Viper Energy Inc.                                                                                | VNOM 7.375 11/01/31 144A                                    | CUSIP: 92763MAB1<br>LEI: 5299009LINL232255G03 | Long             | DBT              | CORP              | US        |  19853000 | PA      | $21065723.68   | 0.08%             | 2031-11-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| BX COML MTG TR 2024-VLT5                                                                         | BX 2024-VLT5 B                                              | CUSIP: 05614JAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7887000 | PA      | $8026191.11    | 0.03%             | 2046-11-13      | Variable      | 5.99%                 | Yes           |                  2 | On Loan: No      |
| BX COML MTG TR 2024-VLT5                                                                         | BX 2024-VLT5 C                                              | CUSIP: 05614JAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4221000 | PA      | $4318714.73    | 0.02%             | 2046-11-13      | Variable      | 6.40%                 | Yes           |                  2 | On Loan: No      |
| Hudson's Bay Simon JV Trust                                                                      | HBCT 2015-HB7 A7                                            | CUSIP: 44422PAU6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1665958 | PA      | $1654219.81    | 0.01%             | 2034-08-05      | Fixed         | 3.91%                 | Yes           |                  2 | On Loan: No      |
| Hudson's Bay Simon JV Trust                                                                      | HBCT 2015-HB7 B7                                            | CUSIP: 44422PBC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    644000 | PA      | $638219.10     | 0.00%             | 2034-08-05      | Fixed         | 4.67%                 | Yes           |                  2 | On Loan: No      |
| Hudson's Bay Simon JV Trust                                                                      | HBCT 2015-HB10 A10                                          | CUSIP: 44422PBN1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7602661 | PA      | $7418046.70    | 0.03%             | 2034-08-05      | Fixed         | 4.15%                 | Yes           |                  2 | On Loan: No      |
| Illumina Inc                                                                                     | ILMN 5.8 12/12/25                                           | CUSIP: 452327AN9<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | DBT              | CORP              | US        |  11709000 | PA      | $11759246.25   | 0.04%             | 2025-12-12      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2024-GPA3                                                           | BX 2024-GPA3 A                                              | CUSIP: 123910AA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  16294394 | PA      | $16308596.15   | 0.06%             | 2039-12-15      | Variable      | 5.60%                 | Yes           |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2024-GPA3                                                           | BX 2024-GPA3 B                                              | CUSIP: 123910AC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  11257257 | PA      | $11266808.78   | 0.04%             | 2039-12-15      | Variable      | 5.95%                 | Yes           |                  2 | On Loan: No      |
| Intel Corporation                                                                                | INTC 2.45 11/15/29                                          | CUSIP: 458140BH2<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |   6546000 | PA      | $5981144.22    | 0.02%             | 2029-11-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Intel Corporation                                                                                | INTC 5.7 02/10/53                                           | CUSIP: 458140CJ7<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |  17047000 | PA      | $15864594.68   | 0.06%             | 2053-02-10      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Vistra Corp                                                                                      | Vistra Corp COM USD0.01                                     | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |    429767 | NS      | $83293142.27   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2025-VTT                                                   | WFCM 2025-VTT A                                             | CUSIP: 94990GAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  29711000 | PA      | $29825954.80   | 0.11%             | 2038-03-15      | Variable      | 5.27%                 | Yes           |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2024-AIRC                                                           | BX 2024-AIRC C                                              | CUSIP: 12433CAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  11245786 | PA      | $11264208.69   | 0.04%             | 2039-08-15      | Variable      | 6.90%                 | Yes           |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2025-SPOT                                                           | BX 2025-SPOT A                                              | CUSIP: 12433FAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  12661000 | PA      | $12649086.25   | 0.05%             | 2040-04-15      | Variable      | 5.76%                 | Yes           |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                                                | WFC V5.244 01/24/31                                         | CUSIP: 95000U3P6<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |  43951000 | PA      | $45086584.40   | 0.17%             | 2031-01-24      | Variable      | 5.24%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST                                                            | WFCM 2021-SAVE A                                            | CUSIP: 95003LAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1690876 | PA      | $1691041.95    | 0.01%             | 2040-02-15      | Variable      | 5.68%                 | Yes           |                  2 | On Loan: No      |
| Intel Corporation                                                                                | INTC 5.6 02/21/54                                           | CUSIP: 458140CM0<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |   4262000 | PA      | $3909967.37    | 0.01%             | 2054-02-21      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange Inc                                                                    | Intercontinental Exchange Inc COM USD0.01                   | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |    685462 | NS      | $125761713.14  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| ARES LIII CLO LTD                                                                                | ARES 2019-53A A1R                                           | CUSIP: 04009GAQ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  29842000 | PA      | $29910729.11   | 0.11%             | 2036-10-24      | Variable      | 5.56%                 | Yes           |                  2 | On Loan: No      |
| Intuit Inc                                                                                       | Intuit Inc COM USD0.01                                      | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |    242529 | NS      | $191023116.27  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| LENDBUZZ SECURITIZATION TRUST                                                                    | LBZZ 2022-1A A                                              | CUSIP: 52607KAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3193769 | PA      | $3180511.41    | 0.01%             | 2027-05-17      | Fixed         | 4.22%                 | Yes           |                  2 | On Loan: No      |
| LENDBUZZ SECURITIZATION TRUST                                                                    | LBZZ 2023-1A A2                                             | CUSIP: 52608LAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3048070 | PA      | $3087923.54    | 0.01%             | 2028-08-15      | Fixed         | 6.92%                 | Yes           |                  2 | On Loan: No      |
| LEX 2024-BBG MORTGAGE TRUST                                                                      | LEX 2024-BBG A                                              | CUSIP: 52885AAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6407000 | PA      | $6438683.53    | 0.02%             | 2033-10-13      | Variable      | 5.04%                 | Yes           |                  2 | On Loan: No      |
| Wendys Funding Llc                                                                               | WEN 2021-1A A2I                                             | CUSIP: 95058XAK4<br>LEI: 5493009DRVSTWJOXUL48 | Long             | ABS-O            | CORP              | US        |   3596647 | PA      | $3283868.62    | 0.01%             | 2051-06-15      | Fixed         | 2.37%                 | Yes           |                  2 | On Loan: No      |
| Wendys Funding Llc                                                                               | WEN 2021-1A A2II                                            | CUSIP: 95058XAL2<br>LEI: 5493009DRVSTWJOXUL48 | Long             | ABS-O            | CORP              | US        |   9297541 | PA      | $8178288.48    | 0.03%             | 2051-06-15      | Fixed         | 2.77%                 | Yes           |                  2 | On Loan: No      |
| BX TRUST 2025-GW                                                                                 | BX 2025-GW A                                                | CUSIP: 12433GAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  23236000 | PA      | $23261335.65   | 0.09%             | 2042-07-15      | Variable      | 5.94%                 | Yes           |                  2 | On Loan: No      |
| CBRE Services Inc                                                                                | CBG 5.95 08/15/34                                           | CUSIP: 12505BAG5<br>LEI: 549300CTE3HOMEUMM603 | Long             | DBT              | CORP              | US        |  33063000 | PA      | $34809315.91   | 0.13%             | 2034-08-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Western Digital Corp.                                                                            | WDC 4.75 02/15/26                                           | CUSIP: 958102AM7<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |   4400000 | PA      | $4388422.63    | 0.02%             | 2026-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Westgate Resorts 2022-1 Llc                                                                      | WESTR 2022-1A A                                             | CUSIP: 96034JAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1247498 | PA      | $1237084.73    | 0.00%             | 2036-08-20      | Fixed         | 1.79%                 | Yes           |                  2 | On Loan: No      |
| National Australia Bank Ltd.                                                                     | NAB 2.99 05/21/31 144A                                      | CUSIP: 632525AY7<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | DBT              | CORP              | AU        |  28726000 | PA      | $25779227.17   | 0.10%             | 2031-05-21      | Fixed         | 2.99%                 | Yes           |                  2 | On Loan: No      |
| National Grid PLC                                                                                | NGGLN 5.809 06/12/33                                        | CUSIP: 636274AE2<br>LEI: 8R95QZMKZLJX5Q2XR704 | Long             | DBT              | CORP              | GB        |  16262000 | PA      | $17091415.99   | 0.06%             | 2033-06-12      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| VOYA CLO 2024-4 LTD                                                                              | VOYA 2024-4A A2                                             | CUSIP: 92920KAC3<br>LEI: 549300JHU3YI1LLL3V27 | Long             | ABS-CBDO         | CORP              | KY        |  10074095 | PA      | $10088242.05   | 0.04%             | 2037-07-20      | Variable      | 5.82%                 | Yes           |                  2 | On Loan: No      |
| LIFE FINANCIAL SERVICES TRUST                                                                    | LIFE 2021-BMR C                                             | CUSIP: 53218CAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1642688 | PA      | $1633407.03    | 0.01%             | 2038-03-15      | Variable      | 5.53%                 | Yes           |                  2 | On Loan: No      |
| LIFE FINANCIAL SERVICES TRUST                                                                    | LIFE 2022-BMR2 A1                                           | CUSIP: 53218DAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  36759000 | PA      | $35589925.15   | 0.13%             | 2039-05-15      | Variable      | 5.61%                 | Yes           |                  2 | On Loan: No      |
| CENT TRUST 2023-CITY                                                                             | CENT 2023-CITY A                                            | CUSIP: 12516WAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  21107000 | PA      | $21126012.43   | 0.08%             | 2038-09-15      | Variable      | 6.93%                 | Yes           |                  2 | On Loan: No      |
| CF HIPPOLYTA ISSUER LLC                                                                          | SORT 2020-1 A1                                              | CUSIP: 12530MAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8588260 | PA      | $8499433.38    | 0.03%             | 2060-07-15      | Fixed         | 1.69%                 | Yes           |                  2 | On Loan: No      |
| CF HIPPOLYTA ISSUER LLC                                                                          | SORT 2020-1 B1                                              | CUSIP: 12530MAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    818501 | PA      | $816794.99     | 0.00%             | 2060-07-15      | Fixed         | 2.28%                 | Yes           |                  2 | On Loan: No      |
| CF HIPPOLYTA ISSUER LLC                                                                          | SORT 2021-1A A1                                             | CUSIP: 12530MAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  15867990 | PA      | $15295869.95   | 0.06%             | 2061-03-15      | Fixed         | 1.53%                 | Yes           |                  2 | On Loan: No      |
| LIFE FINANCIAL SERVICES TRUST                                                                    | LIFE 2022-BMR2 B                                            | CUSIP: 53218DAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6155000 | PA      | $5687183.30    | 0.02%             | 2039-05-15      | Variable      | 6.11%                 | Yes           |                  2 | On Loan: No      |
| M&T EQUIPTMENT 2023-LEAF1 LLC                                                                    | MTLRF 2023-1A A3                                            | CUSIP: 551925AB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4878717 | PA      | $4906793.27    | 0.02%             | 2030-07-15      | Fixed         | 5.74%                 | Yes           |                  2 | On Loan: No      |
| CF HIPPOLYTA ISSUER LLC                                                                          | SORT 2021-1A B1                                             | CUSIP: 12530MAG0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5992082 | PA      | $5629037.52    | 0.02%             | 2061-03-15      | Fixed         | 1.98%                 | Yes           |                  2 | On Loan: No      |
| CF HIPPOLYTA ISSUER LLC                                                                          | SORT 2022-1A A1                                             | CUSIP: 12530MAL9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  17592148 | PA      | $17646172.76   | 0.07%             | 2062-08-15      | Fixed         | 5.97%                 | Yes           |                  2 | On Loan: No      |
| MTG PASS THRU CTF CL E 144A                                                                      | MHC 2021-MHC A                                              | CUSIP: 55316VAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3421596 | PA      | $3421518.36    | 0.01%             | 2038-04-15      | Variable      | 5.23%                 | Yes           |                  2 | On Loan: No      |
| MTG PASS THRU CTF CL E 144A                                                                      | MHC 2021-MHC C                                              | CUSIP: 55316VAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  12522636 | PA      | $12523928.54   | 0.05%             | 2038-04-15      | Variable      | 5.78%                 | Yes           |                  2 | On Loan: No      |
| CF HIPPOLYTA ISSUER LLC                                                                          | SORT 2022-1A A2                                             | CUSIP: 12530MAM7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  49846356 | PA      | $49957483.37   | 0.18%             | 2062-08-15      | Fixed         | 6.11%                 | Yes           |                  2 | On Loan: No      |
| CRB SECURITIZATION TRUST 2023-1                                                                  | CRB 2023-1 A                                                | CUSIP: 12670DAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    672120 | PA      | $674078.40     | 0.00%             | 2033-10-20      | Fixed         | 6.96%                 | Yes           |                  2 | On Loan: No      |
| Marsh & McLennan Companies, Inc.                                                                 | Marsh & McLennan Companies, Inc. COM USD1.00                | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |    555118 | NS      | $121370999.52  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Marvell Technology Inc                                                                           | MRVL 1.65 04/15/26                                          | CUSIP: 573874AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  13225000 | PA      | $12923691.39   | 0.05%             | 2026-04-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Centene Corp.                                                                                    | CNC 4.25 12/15/27                                           | CUSIP: 15135BAR2<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |  53971000 | PA      | $53153199.03   | 0.20%             | 2027-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating, LLC/Charter Communications Operating Capital Corp.             | CHTR 6.65 02/01/34                                          | CUSIP: 161175CP7<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |  45850000 | PA      | $49098037.84   | 0.18%             | 2034-02-01      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| Cheniere Energy Inc                                                                              | LNG 5.65 04/15/34                                           | CUSIP: 16411RAN9<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | DBT              | CORP              | US        |  20937000 | PA      | $21443249.12   | 0.08%             | 2034-04-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Chevron Corp.                                                                                    | Chevron Corp. COM USD0.75                                   | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1303617 | NS      | $186664918.23  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Marvell Technology Inc                                                                           | MRVL 4.75 07/15/30                                          | CUSIP: 573874AR5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7347000 | PA      | $7379528.77    | 0.03%             | 2030-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Marvell Technology Inc                                                                           | MRVL 5.45 07/15/35                                          | CUSIP: 573874AS3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  19195000 | PA      | $19328579.73   | 0.07%             | 2035-07-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| DATA 2024 CNTR2 MORTGAGE TRUST                                                                   | DATA 2024-CTR2 A                                            | CUSIP: 238020AA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6852820 | PA      | $6864681.98    | 0.03%             | 2046-05-10      | Variable      | 5.48%                 | Yes           |                  2 | On Loan: No      |
| FREMF 2023-K511 MORTGAGE TRUST                                                                   | FREMF 2023-K511 C                                           | CUSIP: 30334FAG5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5263000 | PA      | $4878806.79    | 0.02%             | 2028-11-25      | Variable      | 5.82%                 | Yes           |                  2 | On Loan: No      |
| MasterCard Incorporated                                                                          | MasterCard Incorporated COM USD0.0001 CLASS A               | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |   1113226 | NS      | $625566218.44  | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Medline Industries                                                                               | Medline Industries Term Loan B (Incremental) 225 2028-10-01 | CUSIP: 58503UAF0<br>LEI: 254900QT3R363TVK6F09 | Long             | LON              | CORP              | US        |  23224295 | PA      | $23235674.90   | 0.09%             | 2028-10-23      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN 323282                                                   | CUSIP: 31374TCT4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     15622 | PA      | $15988.00      | 0.00%             | 2028-07-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN AL5887                                                   | CUSIP: 3138ENRH4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2078094 | PA      | $2048671.17    | 0.01%             | 2044-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN AL5942                                                   | CUSIP: 3138ENS83<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     92338 | PA      | $92706.93      | 0.00%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN AL6542                                                   | CUSIP: 3138EPHU1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3368662 | PA      | $3320966.25    | 0.01%             | 2045-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp.                                                                                  | Microsoft Corp. COM USD0.00000625                           | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |   3179081 | NS      | $1581306680.21 | 5.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Moodys Corp.                                                                                     | Moodys Corp. COM USD0.01                                    | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |    162032 | NS      | $81273630.88   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                                                                   | Morgan Stanley COM USD0.01                                  | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |   1573138 | NS      | $221592218.68  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Rocket Companies Inc                                                                             | RKT 6.375 08/01/33 144A                                     | CUSIP: 77311WAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  42189000 | PA      | $43167806.74   | 0.16%             | 2033-08-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| SCG COMMERCIAL MORTGAGE TRUST 2025-DLFN                                                          | SCG 2025-DLFN A                                             | CUSIP: 78398EAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  29118000 | PA      | $28925397.00   | 0.11%             | 2035-03-15      | Variable      | 5.51%                 | Yes           |                  2 | On Loan: No      |
| SMRT MINI                                                                                        | SMRT 2022-MINI A                                            | CUSIP: 78457JAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10990000 | PA      | $10946150.06   | 0.04%             | 2039-01-15      | Variable      | 5.31%                 | Yes           |                  2 | On Loan: No      |
| SREIT COMMERCIAL MORTGAGE TRUST 2021-MFP                                                         | SREIT 2021-MFP A                                            | CUSIP: 78472UAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1971278 | PA      | $1970061.93    | 0.01%             | 2038-11-15      | Variable      | 5.16%                 | Yes           |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE T                                                              | GRADE 2023-FIG4 A                                           | CUSIP: 79581UAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  12061633 | PA      | $12368515.73   | 0.05%             | 2053-11-25      | Variable      | 6.72%                 | Yes           |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE T                                                              | GRADE 2024-CES1 A1                                          | CUSIP: 79581VAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7847400 | PA      | $7949723.04    | 0.03%             | 2054-03-25      | Variable      | 6.31%                 | Yes           |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE T                                                              | GRADE 2023-FIG3 A                                           | CUSIP: 79582AAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  22282976 | PA      | $22941685.24   | 0.08%             | 2053-08-25      | Variable      | 7.07%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN AL6842                                                   | CUSIP: 3138EPS88<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    585634 | PA      | $561921.00     | 0.00%             | 2045-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN AL6997                                                   | CUSIP: 3138EPX33<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    868184 | PA      | $861786.43     | 0.00%             | 2042-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN AL7381                                                   | CUSIP: 3138EQFX5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1723596 | PA      | $1695994.75    | 0.01%             | 2045-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN AT2957                                                   | CUSIP: 3138WQJB9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1265287 | PA      | $1143250.40    | 0.00%             | 2043-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BF0130                                                   | CUSIP: 3140FXEC2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   8893295 | PA      | $8037397.33    | 0.03%             | 2056-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BF0189                                                   | CUSIP: 3140FXF72<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    164563 | PA      | $140394.50     | 0.00%             | 2057-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BF0167                                                   | CUSIP: 3140FXFH0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   8870967 | PA      | $7594901.68    | 0.03%             | 2057-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BF0598                                                   | CUSIP: 3140FXUY6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  17628445 | PA      | $14458130.34   | 0.05%             | 2062-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Self Commercial Mortgage Trust 2024-STRG                                                         | SELF 2024-STRG A                                            | CUSIP: 81631WAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  27937000 | PA      | $27919120.66   | 0.10%             | 2034-11-15      | Variable      | 5.85%                 | Yes           |                  2 | On Loan: No      |
| Servicenow Inc                                                                                   | Servicenow Inc COM USD0.001                                 | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |    134735 | NS      | $138518358.80  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BH1902                                                   | CUSIP: 3140GQDG8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    262234 | PA      | $242718.63     | 0.00%             | 2047-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BJ4559                                                   | CUSIP: 3140H6B57<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1962022 | PA      | $1809814.95    | 0.01%             | 2048-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BJ4566                                                   | CUSIP: 3140H6CC1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6928038 | PA      | $6585583.34    | 0.02%             | 2048-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BJ4567                                                   | CUSIP: 3140H6CD9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2552668 | PA      | $2425119.44    | 0.01%             | 2048-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Solventum Corp.                                                                                  | SOLV 5.4 03/01/29                                           | CUSIP: 83444MAP6<br>LEI: 254900I70403OSGY4M28 | Long             | DBT              | CORP              | US        |  19797000 | PA      | $20386270.18   | 0.08%             | 2029-03-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Solventum Corp.                                                                                  | SOLV 5.45 03/13/31                                          | CUSIP: 83444MAQ4<br>LEI: 254900I70403OSGY4M28 | Long             | DBT              | CORP              | US        |  30323000 | PA      | $31485931.62   | 0.12%             | 2031-03-13      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Solventum Corp.                                                                                  | SOLV 5.6 03/23/34                                           | CUSIP: 83444MAR2<br>LEI: 254900I70403OSGY4M28 | Long             | DBT              | CORP              | US        |  39969000 | PA      | $41133926.88   | 0.15%             | 2034-03-23      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Solventum Corp.                                                                                  | SOLV 6 05/15/64                                             | CUSIP: 83444MAT8<br>LEI: 254900I70403OSGY4M28 | Long             | DBT              | CORP              | US        |   9646000 | PA      | $9560761.19    | 0.04%             | 2064-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Stryker Corporation                                                                              | Stryker Corporation COM USD0.10                             | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |    412666 | NS      | $163263049.58  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Communities Operating Limited Partnership                                                    | SUI 2.7 07/15/31                                            | CUSIP: 866677AE7<br>LEI: 549300PUNBPJCGT6X741 | Long             | DBT              | CORP              | US        |  21657000 | PA      | $19193038.06   | 0.07%             | 2031-07-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BJ5170                                                   | CUSIP: 3140H6W88<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    355828 | PA      | $328836.97     | 0.00%             | 2048-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BJ8459                                                   | CUSIP: 3140HAMH0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2698504 | PA      | $2339680.81    | 0.01%             | 2049-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BJ9181                                                   | CUSIP: 3140HBFX1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1973170 | PA      | $1972971.34    | 0.01%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BK1964                                                   | CUSIP: 3140HFFE4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1985953 | PA      | $1887195.50    | 0.01%             | 2048-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BK2913                                                   | CUSIP: 3140HGGX9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1732641 | PA      | $1475309.98    | 0.01%             | 2050-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BK3211                                                   | CUSIP: 3140HGR90<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     86257 | PA      | $83944.58      | 0.00%             | 2048-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV7131                                                   | CUSIP: 3140ML4R8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    347264 | PA      | $333226.46     | 0.00%             | 2052-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV7132                                                   | CUSIP: 3140ML4S6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    500241 | PA      | $480014.25     | 0.00%             | 2052-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Sunoco LP                                                                                        | SUN 7 05/01/29 144A                                         | CUSIP: 86765KAB5<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |  22419000 | PA      | $23346765.48   | 0.09%             | 2029-05-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Sunoco LP                                                                                        | SUN 7.25 05/01/32 144A                                      | CUSIP: 86765KAC3<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |  12629000 | PA      | $13260214.85   | 0.05%             | 2032-05-01      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV6879                                                   | CUSIP: 3140MLUD0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1092438 | PA      | $1048349.64    | 0.00%             | 2052-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS0662                                                   | CUSIP: 3140XFWY3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  56844696 | PA      | $47906737.88   | 0.18%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Synopsys Inc                                                                                     | SNPS 5 04/01/32                                             | CUSIP: 871607AD9<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |  14671000 | PA      | $14860755.01   | 0.05%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| U.S. Bancorp.                                                                                    | USB V2.491 11/03/36                                         | CUSIP: 91159HJB7<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |  20457000 | PA      | $17363530.51   | 0.06%             | 2036-11-03      | Variable      | 2.49%                 | No            |                  2 | On Loan: No      |
| U.S. Bancorp.                                                                                    | USB V5.384 01/23/30                                         | CUSIP: 91159HJQ4<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |  19681000 | PA      | $20263910.48   | 0.07%             | 2030-01-23      | Variable      | 5.38%                 | No            |                  2 | On Loan: No      |
| U.S. Bancorp.                                                                                    | USB V5.046 02/12/31                                         | CUSIP: 91159HJT8<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |  20690000 | PA      | $21061459.78   | 0.08%             | 2031-02-12      | Variable      | 5.05%                 | No            |                  2 | On Loan: No      |
| U.S. Bancorp.                                                                                    | USB V5.424 02/12/36                                         | CUSIP: 91159HJU5<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |  22770000 | PA      | $23202173.23   | 0.09%             | 2036-02-12      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                                     | T 4.625 02/15/55                                            | CUSIP: 912810UG1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 233014000 | PA      | $226824565.63  | 0.84%             | 2055-02-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                                     | T 5 05/15/45                                                | CUSIP: 912810UL0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 245029000 | PA      | $251690725.94  | 0.93%             | 2045-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                                     | T 3.875 03/31/27                                            | CUSIP: 91282CMV0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  37635000 | PA      | $37693804.69   | 0.14%             | 2027-03-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS1081                                                   | CUSIP: 3140XGFX2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  23387778 | PA      | $19637397.86   | 0.07%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS1184                                                   | CUSIP: 3140XGJ67<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3676586 | PA      | $3367141.44    | 0.01%             | 2052-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS1301                                                   | CUSIP: 3140XGNT2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4059144 | PA      | $3684260.05    | 0.01%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS1869                                                   | CUSIP: 3140XHCF2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5702423 | PA      | $5215933.38    | 0.02%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS2144                                                   | CUSIP: 3140XHL21<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  14247314 | PA      | $13044869.74   | 0.05%             | 2052-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS2546                                                   | CUSIP: 3140XHZL4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    392210 | PA      | $370495.22     | 0.00%             | 2051-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                                     | T 3.75 04/30/27                                             | CUSIP: 91282CMY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 100000000 | PA      | $99984375.00   | 0.37%             | 2027-04-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                                     | T 3.875 05/31/27                                            | CUSIP: 91282CNE7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  52223000 | PA      | $52345397.66   | 0.19%             | 2027-05-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS2713                                                   | CUSIP: 3140XJAP8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  10160704 | PA      | $9888292.94    | 0.04%             | 2050-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS3160                                                   | CUSIP: 3140XJQN6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4720376 | PA      | $4124940.67    | 0.02%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS3377                                                   | CUSIP: 3140XJXF5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   8368173 | PA      | $7904868.88    | 0.03%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FIGRE TRUST 2025-HE2                                                                             | FIGRE 2025-HE2 A                                            | CUSIP: 31684KAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  12394918 | PA      | $12451260.24   | 0.05%             | 2055-03-25      | Variable      | 5.78%                 | Yes           |                  2 | On Loan: No      |
| FIGRE TRUST 2024-HE4                                                                             | FIGRE 2024-HE4 A                                            | CUSIP: 31684UAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  11237750 | PA      | $11162856.71   | 0.04%             | 2054-09-25      | Variable      | 5.06%                 | Yes           |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                                                                    | F 7.35 03/06/30                                             | CUSIP: 345397C68<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   5413000 | PA      | $5714170.55    | 0.02%             | 2030-03-06      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                                     | T 4.125 05/31/32                                            | CUSIP: 91282CNF4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10871000 | PA      | $10962724.06   | 0.04%             | 2032-05-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                                     | T 4 05/31/30                                                | CUSIP: 91282CNG2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 757861800 | PA      | $765203586.19  | 2.83%             | 2030-05-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                                                                    | F 5.8 03/08/29                                              | CUSIP: 345397E58<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |  19467000 | PA      | $19507662.28   | 0.07%             | 2029-03-08      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| The Charles Schwab Corporation                                                                   | The Charles Schwab Corporation COM USD0.01                  | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |   1115928 | NS      | $101817270.72  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury Notes                                                                     | T 3.875 06/15/28                                            | CUSIP: 91282CNH0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 176226000 | PA      | $177162200.63  | 0.66%             | 2028-06-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Universal Health Services, Inc.                                                                  | UHS 2.65 10/15/30                                           | CUSIP: 913903AW0<br>LEI: 549300YGMGQDO0NMJD09 | Long             | DBT              | CORP              | US        |  30267000 | PA      | $26986620.77   | 0.10%             | 2030-10-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| 2023-MIC TRUST/THE                                                                               | THE 2023-MIC A                                              | CUSIP: 87256GAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  14644028 | PA      | $15966859.97   | 0.06%             | 2038-12-05      | Variable      | 8.73%                 | Yes           |                  2 | On Loan: No      |
| 280 Park Avenue Trust                                                                            | PRK 2017-280P A                                             | CUSIP: 90205FAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  11417538 | PA      | $11310611.77   | 0.04%             | 2034-09-15      | Variable      | 5.49%                 | Yes           |                  2 | On Loan: No      |
| Regatta XXIII Funding Ltd.                                                                       | REG23 2021-4A B                                             | CUSIP: 75889FAG9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5891224 | PA      | $5912431.82    | 0.02%             | 2035-01-22      | Variable      | 6.23%                 | Yes           |                  2 | On Loan: No      |
| Royalty Pharma PLC                                                                               | RPRX 3.55 09/02/50                                          | CUSIP: 78081BAM5<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |  14211000 | PA      | $9627686.75    | 0.04%             | 2050-09-02      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Cifc Funding Ltd                                                                                 | CIFC 2018-3A A                                              | CUSIP: 12551YAA1<br>LEI: 635400OB7ZCBUWDQNV87 | Long             | ABS-CBDO         | CORP              | KY        |   6807479 | PA      | $6816699.54    | 0.03%             | 2031-07-18      | Variable      | 5.63%                 | Yes           |                  2 | On Loan: No      |
| CIFC FUNDING LTD 2019                                                                            | CIFC 2021-7A B                                              | CUSIP: 12567HAE2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5524216 | PA      | $5538636.41    | 0.02%             | 2035-01-23      | Variable      | 6.14%                 | Yes           |                  2 | On Loan: No      |
| Societe Generale S.A.                                                                            | SOCGEN V5.5 04/13/29 144A                                   | CUSIP: 83368RCC4<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |  14133000 | PA      | $14385670.06   | 0.05%             | 2029-04-13      | Variable      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Societe Generale S.A.                                                                            | SOCGEN V6.1 04/13/33 144A                                   | CUSIP: 83368RCF7<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |  34519000 | PA      | $35882139.43   | 0.13%             | 2033-04-13      | Variable      | 6.10%                 | Yes           |                  2 | On Loan: No      |
| Royal Caribbean Group                                                                            | Royal Caribbean Group COM USD0.01                           | CUSIP: V7780T103<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | EC               | CORP              | US        |    620931 | NS      | $194438333.34  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| BAMLL RE-REMIC TRUST 2024-FRR2                                                                   | BAMLL 2024-FRR2 E                                           | CUSIP: 05493UAJ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6911000 | PA      | $5702611.65    | 0.02%             | 2050-07-27      | Variable      | 1.27%                 | Yes           |                  2 | On Loan: No      |
| Banc Of America Alternative Loan Trust                                                           | BAMLL 2024-FRR4 E                                           | CUSIP: 05493VAJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2077000 | PA      | $1994554.52    | 0.01%             | 2048-11-27      | Variable      | 1.51%                 | Yes           |                  2 | On Loan: No      |
| Banc Of America Alternative Loan Trust                                                           | BAMLL 2024-FRR4 F                                           | CUSIP: 05493VAL8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4286000 | PA      | $4092339.66    | 0.02%             | 2048-11-27      | Variable      | 1.41%                 | Yes           |                  2 | On Loan: No      |
| BAMLL RE-REMIC TRUST 2024-FRR3                                                                   | BAMLL 2024-FRR3 E                                           | CUSIP: 054988AJ9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9329952 | PA      | $8164964.74    | 0.03%             | 2050-01-27      | Variable      | 0.49%                 | Yes           |                  2 | On Loan: No      |
| BXP Trust 2017-CC                                                                                | BXP 2017-GM A                                               | CUSIP: 056083AA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4190000 | PA      | $4042285.72    | 0.01%             | 2039-06-13      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| BXHPP LTD                                                                                        | BXHPP 2021-FILM A                                           | CUSIP: 05609JAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5993000 | PA      | $5739829.60    | 0.02%             | 2036-08-15      | Variable      | 5.08%                 | Yes           |                  2 | On Loan: No      |
| BAYVIEW MSR OPPORTUNITY MASTER FUND                                                              | BVINV 2021-5 AF                                             | CUSIP: 07336JAX6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  13179047 | PA      | $12145838.29   | 0.04%             | 2051-11-25      | Variable      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| BAYVIEW MSR OPPORTUNITY MASTER FUND                                                              | BVINV 2022-2 A1                                             | CUSIP: 07336NAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10219023 | PA      | $8671995.90    | 0.03%             | 2051-12-25      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| CACI International Inc.                                                                          | CACI 6.375 06/15/33 144A                                    | CUSIP: 127190AE6<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | DBT              | CORP              | US        |   8503000 | PA      | $8774653.93    | 0.03%             | 2033-06-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Cadence Design Systems, Inc.                                                                     | Cadence Design Systems, Inc. COM USD0.01                    | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |    404829 | NS      | $124748056.35  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems, Inc.                                                                     | CDNS 4.7 09/10/34                                           | CUSIP: 127387AP3<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | DBT              | CORP              | US        |  14339000 | PA      | $14165992.37   | 0.05%             | 2034-09-10      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                                                                      | COF V6.312 06/08/29                                         | CUSIP: 14040HCZ6<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   9194000 | PA      | $9650935.55    | 0.04%             | 2029-06-08      | Variable      | 6.31%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                                                                      | COF V7.624 10/30/31 .                                       | CUSIP: 14040HDC6<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |  18133000 | PA      | $20487491.35   | 0.08%             | 2031-10-30      | Variable      | 7.62%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                                                                      | COF V5.7 02/01/30                                           | CUSIP: 14040HDE2<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   5165000 | PA      | $5342805.07    | 0.02%             | 2030-02-01      | Variable      | 5.70%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                                                                      | COF V5.884 07/26/35                                         | CUSIP: 14040HDH5<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |  23812000 | PA      | $24550195.57   | 0.09%             | 2035-07-26      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST 2024-R01                                                     | CAS 2024-R01 1M1                                            | CUSIP: 20753UAA8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6571330 | PA      | $6568265.52    | 0.02%             | 2044-01-25      | Variable      | 5.36%                 | Yes           |                  2 | On Loan: No      |
| Capital One Financial Corp.                                                                      | COF V6.183 01/30/36                                         | CUSIP: 14040HDJ1<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |  17959000 | PA      | $18283106.79   | 0.07%             | 2036-01-30      | Variable      | 6.18%                 | No            |                  2 | On Loan: No      |
| CONE 2024-DWF1                                                                                   | CONE 2024-DFW1 A                                            | CUSIP: 20682AAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  17061000 | PA      | $17038463.49   | 0.06%             | 2041-08-15      | Variable      | 5.95%                 | Yes           |                  2 | On Loan: No      |
| CONE 2024-DWF1                                                                                   | CONE 2024-DFW1 B                                            | CUSIP: 20682AAG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  12544811 | PA      | $12711432.13   | 0.05%             | 2041-08-15      | Variable      | 6.60%                 | Yes           |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST 2023-R07                                                     | CAS 2023-R07 2M1                                            | CUSIP: 20753BAA0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3386774 | PA      | $3413809.00    | 0.01%             | 2043-09-25      | Variable      | 6.26%                 | Yes           |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST 2022-R09                                                     | CAS 2022-R09 2M1                                            | CUSIP: 20753DAA6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  10453980 | PA      | $10623856.68   | 0.04%             | 2042-09-25      | Variable      | 6.81%                 | Yes           |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust 2024-R04                                                     | CAS 2024-R04 1M1                                            | CUSIP: 20753GAB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5646293 | PA      | $5645506.42    | 0.02%             | 2044-05-25      | Variable      | 5.41%                 | Yes           |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST 2022-R05                                                     | CAS 2022-R05 2M2                                            | CUSIP: 20754DAB3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   9001000 | PA      | $9251293.08    | 0.03%             | 2042-04-25      | Variable      | 7.31%                 | Yes           |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST 2023-R06                                                     | CAS 2023-R06 1M1                                            | CUSIP: 20754EAA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   7533142 | PA      | $7577926.27    | 0.03%             | 2043-07-27      | Variable      | 6.01%                 | Yes           |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST 2021-R03                                                     | CAS 2021-R03 1M2                                            | CUSIP: 20754AAB9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  11430000 | PA      | $11491576.29   | 0.04%             | 2041-12-25      | Variable      | 5.96%                 | Yes           |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST 2022-R02                                                     | CAS 2022-R02 2M2                                            | CUSIP: 20754BAB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  12368000 | PA      | $12650006.68   | 0.05%             | 2042-01-27      | Variable      | 7.31%                 | Yes           |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST 2022-R05                                                     | CAS 2022-R05 2M1                                            | CUSIP: 20754DAA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3725664 | PA      | $3741556.17    | 0.01%             | 2042-04-25      | Variable      | 6.21%                 | Yes           |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                                                              | CAS 2021-R02 2M2                                            | CUSIP: 20754KAB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  32457527 | PA      | $32680466.08   | 0.12%             | 2041-11-25      | Variable      | 6.31%                 | Yes           |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                                                              | CAS 2023-R04 1M1                                            | CUSIP: 20754QAA6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  10202386 | PA      | $10415998.39   | 0.04%             | 2043-05-25      | Variable      | 6.61%                 | Yes           |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust 2025-R03                                                     | CAS 2025-R02 1M1                                            | CUSIP: 20754TAC6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   7971173 | PA      | $7978919.73    | 0.03%             | 2045-02-27      | Variable      | 5.46%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZK9009                                                   | CUSIP: 3131XDAJ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    828436 | PA      | $801251.34     | 0.00%             | 2032-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FNR 2018-27 EA                                              | CUSIP: 3136B1N26<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6021492 | PA      | $5424727.42    | 0.02%             | 2048-05-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BF0619                                                   | CUSIP: 3140FXVM1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  53523842 | PA      | $43022400.43   | 0.16%             | 2062-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS3713                                                   | CUSIP: 3140XKDT4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  26577225 | PA      | $24987383.44   | 0.09%             | 2036-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS5292                                                   | CUSIP: 3140XL3A4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  29024437 | PA      | $29413938.39   | 0.11%             | 2053-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS5339                                                   | CUSIP: 3140XL4Z8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  11760125 | PA      | $10278049.16   | 0.04%             | 2052-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS5130                                                   | CUSIP: 3140XLVY1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  51330749 | PA      | $43194435.67   | 0.16%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS5491                                                   | CUSIP: 3140XMC53<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  20349062 | PA      | $17782200.61   | 0.07%             | 2052-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS5668                                                   | CUSIP: 3140XMJN7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  12382566 | PA      | $10800774.64   | 0.04%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS7643                                                   | CUSIP: 3140XPP52<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  13704100 | PA      | $14137368.05   | 0.05%             | 2054-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST 2024-R05                                                     | CAS 2024-R05 2M1                                            | CUSIP: 20754XAB9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3598261 | PA      | $3595739.81    | 0.01%             | 2044-07-25      | Variable      | 5.31%                 | Yes           |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST 2023-R08                                                     | CAS 2023-R08 1M1                                            | CUSIP: 20755CAA6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6675108 | PA      | $6696137.81    | 0.02%             | 2043-10-26      | Variable      | 5.81%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS9027                                                   | CUSIP: 3140XRA54<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  57732375 | PA      | $58403246.05   | 0.22%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS9074                                                   | CUSIP: 3140XRCL7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  47322931 | PA      | $41277738.83   | 0.15%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST 2025-R01                                                     | CAS 2025-R01 1M1                                            | CUSIP: 20755JAB9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4167095 | PA      | $4169358.07    | 0.02%             | 2045-01-25      | Variable      | 5.41%                 | Yes           |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST 2024-R03                                                     | CAS 2024-R03 2M1                                            | CUSIP: 207941AA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4325943 | PA      | $4326802.44    | 0.02%             | 2044-03-25      | Variable      | 5.46%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FG Q58477                                                   | CUSIP: 3132Y2M37<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1397425 | PA      | $1321781.13    | 0.00%             | 2048-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BM3282                                                   | CUSIP: 3140J7UG8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    205246 | PA      | $189972.07     | 0.00%             | 2047-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS9246                                                   | CUSIP: 3140XRHY4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6881582 | PA      | $6956511.05    | 0.03%             | 2054-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS9620                                                   | CUSIP: 3140XRVN2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   7343113 | PA      | $6418809.80    | 0.02%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | SLST 2020-2 M1                                              | CUSIP: 35564CGD3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2712799 | PA      | $2688444.52    | 0.01%             | 2060-09-25      | Variable      | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN 995757                                                   | CUSIP: 31416CE69<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    151512 | PA      | $158668.72     | 0.00%             | 2037-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN AB7563                                                   | CUSIP: 31417EMM0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    559080 | PA      | $509613.16     | 0.00%             | 2043-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN MA1363                                                   | CUSIP: 31418AQR2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    124337 | PA      | $112873.68     | 0.00%             | 2043-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN MA3521                                                   | CUSIP: 31418C4F8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4871647 | PA      | $4601928.39    | 0.02%             | 2048-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN MA4378                                                   | CUSIP: 31418D2L5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  55333158 | PA      | $44033326.26   | 0.16%             | 2051-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN MA3774                                                   | CUSIP: 31418DFQ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   9437024 | PA      | $8277617.19    | 0.03%             | 2049-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN MA3908                                                   | CUSIP: 31418DKW1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    619997 | PA      | $601798.84     | 0.00%             | 2050-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN MA4079                                                   | CUSIP: 31418DQ96<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   8090810 | PA      | $7081674.92    | 0.03%             | 2050-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                                    | STACR 2025-HQA1 M1                                          | CUSIP: 35564NGZ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  19113411 | PA      | $19109124.27   | 0.07%             | 2045-02-27      | Variable      | 5.46%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                                    | STACR 2025-DNA2 M1                                          | CUSIP: 35564NHZ9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5270831 | PA      | $5280634.75    | 0.02%             | 2045-05-25      | Variable      | 5.51%                 | Yes           |                  2 | On Loan: No      |
| GCAT                                                                                             | GCAT 2022-INV1 A1                                           | CUSIP: 36168YAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  18672269 | PA      | $15871689.98   | 0.06%             | 2051-12-25      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 MA5400                                                   | CUSIP: 36179T7M1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2702801 | PA      | $2697713.84    | 0.01%             | 2048-08-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 MA5021                                                   | CUSIP: 36179TSJ5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    921102 | PA      | $900702.48     | 0.00%             | 2048-02-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 MA5264                                                   | CUSIP: 36179TZ57<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   7252172 | PA      | $6840678.43    | 0.03%             | 2048-06-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WOODWARD CAPITAL MANAGEMENT                                                                      | RCKT 2025-CES3 A1A                                          | CUSIP: 749420AA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7072607 | PA      | $7110066.80    | 0.03%             | 2055-03-25      | Variable      | 5.55%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 MA5930                                                   | CUSIP: 36179UST0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  36502074 | PA      | $33604533.01   | 0.12%             | 2049-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 MA7255                                                   | CUSIP: 36179WBY3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  35108231 | PA      | $29852247.24   | 0.11%             | 2051-03-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BM3912                                                   | CUSIP: 3140J8K28<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4027147 | PA      | $3606491.97    | 0.01%             | 2047-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BM7069                                                   | CUSIP: 3140JB2B1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  13379496 | PA      | $12772401.87   | 0.05%             | 2050-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BN0012                                                   | CUSIP: 3140JGAN5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     47399 | PA      | $46127.95      | 0.00%             | 2048-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BN3899                                                   | CUSIP: 3140JLKM5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    720399 | PA      | $680514.39     | 0.00%             | 2048-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                                    | STACR 2021-DNA6 M2                                          | CUSIP: 35564KKY4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4536171 | PA      | $4549424.23    | 0.02%             | 2041-10-25      | Variable      | 5.81%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                                    | STACR 2021-DNA7 M1                                          | CUSIP: 35564KMA4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3695427 | PA      | $3686184.54    | 0.01%             | 2041-11-25      | Variable      | 5.16%                 | Yes           |                  2 | On Loan: No      |
| Rckt Mortgage Trust 2024-Ces8                                                                    | RCKT 2024-CES8 A1A                                          | CUSIP: 749421AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  14829108 | PA      | $14841672.66   | 0.05%             | 2044-11-25      | Variable      | 5.49%                 | Yes           |                  2 | On Loan: No      |
| Rckt Mortgage Trust 2024-Ces9                                                                    | RCKT 2024-CES9 A1A                                          | CUSIP: 749426AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  12743168 | PA      | $12765397.78   | 0.05%             | 2044-12-25      | Variable      | 5.58%                 | Yes           |                  2 | On Loan: No      |
| RCKT MORTGAGE TRUST 2025-CES1                                                                    | RCKT 2025-CES1 A1A                                          | CUSIP: 749427AA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5651483 | PA      | $5679218.37    | 0.02%             | 2045-01-25      | Variable      | 5.65%                 | Yes           |                  2 | On Loan: No      |
| Rckt Mortgage Trust 2025-Ces2                                                                    | RCKT 2025-CES2 A1A                                          | CUSIP: 74942BAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  16147471 | PA      | $16202007.82   | 0.06%             | 2055-02-25      | Variable      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Xcel Energy Inc                                                                                  | XEL 5.6 04/15/35                                            | CUSIP: 98389BBE9<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |  12145000 | PA      | $12398977.70   | 0.05%             | 2035-04-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| ZF North America Capital, Inc.                                                                   | ZFFNGR 6.75 04/23/30 144A                                   | CUSIP: 98877DAF2<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |  12102000 | PA      | $11621717.12   | 0.04%             | 2030-04-23      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2020-Hqa2                                                          | FR QB2976                                                   | CUSIP: 3133A9JV8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    366084 | PA      | $311713.24     | 0.00%             | 2050-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 MA7313                                                   | CUSIP: 36179WDS4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  23866495 | PA      | $21135710.60   | 0.08%             | 2051-04-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 MA7473                                                   | CUSIP: 36179WJS8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  19251370 | PA      | $17044188.05   | 0.06%             | 2051-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ZF North America Capital, Inc.                                                                   | ZFFNGR 6.875 04/23/32 144A                                  | CUSIP: 98877DAG0<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |  10126000 | PA      | $9358863.76    | 0.03%             | 2032-04-23      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Zoetis Inc.                                                                                      | Zoetis Inc. COM USD0.01 CL 'A'                              | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |    592564 | NS      | $92410355.80   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 MA7535                                                   | CUSIP: 36179WLQ9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  43721189 | PA      | $38705153.42   | 0.14%             | 2051-08-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | GN BB4357                                                   | CUSIP: 3617AUZW3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1699834 | PA      | $1611180.70    | 0.01%             | 2047-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BO2983                                                   | CUSIP: 3140JXJ58<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    570920 | PA      | $508105.64     | 0.00%             | 2049-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BO3223                                                   | CUSIP: 3140JXSM1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    757210 | PA      | $728022.16     | 0.00%             | 2034-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BO4113                                                   | CUSIP: 3140JYSB3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1359282 | PA      | $1178536.23    | 0.00%             | 2049-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BO4725                                                   | CUSIP: 3140K0HB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    612753 | PA      | $578529.82     | 0.00%             | 2034-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MSCI Inc.                                                                                        | MSCI 4 11/15/29 144A                                        | CUSIP: 55354GAH3<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |   4528000 | PA      | $4381676.32    | 0.02%             | 2029-11-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley                                                                                   | MS V2.943 01/21/33                                          | CUSIP: 61747YEL5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |  16462000 | PA      | $14692238.53   | 0.05%             | 2033-01-21      | Variable      | 2.94%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 BB9814                                                   | CUSIP: 3617B13X9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    154947 | PA      | $146809.66     | 0.00%             | 2047-08-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 BB9817                                                   | CUSIP: 3617B14A8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    943392 | PA      | $893849.19     | 0.00%             | 2047-08-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RCKT MORTGAGE TRUST 2025-CES5                                                                    | RCKT 2025-CES5 A1A                                          | CUSIP: 74942CAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9311508 | PA      | $9387774.34    | 0.03%             | 2055-05-25      | Variable      | 5.69%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 BB9835                                                   | CUSIP: 3617B14U4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    144832 | PA      | $137225.64     | 0.00%             | 2047-08-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | GN BC7161                                                   | CUSIP: 3617BA5W9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    228275 | PA      | $216574.64     | 0.00%             | 2047-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                                   | MS V5.424 07/21/34 MTN                                      | CUSIP: 61747YFG5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |  18294000 | PA      | $18740419.52   | 0.07%             | 2034-07-21      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                                   | MS V5.32 07/19/35                                           | CUSIP: 61747YFT7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |  24159000 | PA      | $24453922.93   | 0.09%             | 2035-07-19      | Variable      | 5.32%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | GN BD7109                                                   | CUSIP: 3617BN3S2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    216128 | PA      | $205049.89     | 0.00%             | 2047-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | GN BD7135                                                   | CUSIP: 3617BN4U6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    711903 | PA      | $674774.07     | 0.00%             | 2047-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BO5957                                                   | CUSIP: 3140K1TP1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    360148 | PA      | $345796.37     | 0.00%             | 2034-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BO7717                                                   | CUSIP: 3140K3SF0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    315038 | PA      | $303178.58     | 0.00%             | 2034-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 BH3672                                                   | CUSIP: 3617H1CH8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    286293 | PA      | $278293.26     | 0.00%             | 2048-05-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 BH3673                                                   | CUSIP: 3617H1CJ4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1266409 | PA      | $1231020.88    | 0.00%             | 2048-05-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GLP Capital L.P. and GLP Financing II, Inc.                                                      | GLPI 5.375 04/15/26                                         | CUSIP: 361841AH2<br>LEI: 2549005PXW31DRW8EC44 | Long             | DBT              | CORP              | US        |   9419000 | PA      | $9421053.34    | 0.03%             | 2026-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| GLP Capital L.P. and GLP Financing II, Inc.                                                      | GLPI 5.3 01/15/29                                           | CUSIP: 361841AL3<br>LEI: 2549005PXW31DRW8EC44 | Long             | DBT              | CORP              | US        |   1226000 | PA      | $1239593.89    | 0.00%             | 2029-01-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BT2256                                                   | CUSIP: 3140LQQJ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2088049 | PA      | $1753217.37    | 0.01%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BT8021                                                   | CUSIP: 3140LW4F1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2367728 | PA      | $2340808.15    | 0.01%             | 2053-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV2802                                                   | CUSIP: 3140MGDG3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4645203 | PA      | $4060327.53    | 0.02%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV2962                                                   | CUSIP: 3140MGJG7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    689069 | PA      | $580300.41     | 0.00%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV2965                                                   | CUSIP: 3140MGJK8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1695624 | PA      | $1423720.14    | 0.01%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV4144                                                   | CUSIP: 3140MHTA7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  10600750 | PA      | $9280358.29    | 0.03%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV4203                                                   | CUSIP: 3140MHU56<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1429316 | PA      | $1308035.06    | 0.00%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV5379                                                   | CUSIP: 3140MJ6R1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   9248507 | PA      | $8142240.60    | 0.03%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GLP Capital L.P. and GLP Financing II, Inc.                                                      | GLPI 6.75 12/01/33                                          | CUSIP: 361841AS8<br>LEI: 2549005PXW31DRW8EC44 | Long             | DBT              | CORP              | US        |  13964000 | PA      | $14915870.02   | 0.06%             | 2033-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GLP Capital L.P. and GLP Financing II, Inc.                                                      | GLPI 5.625 09/15/34                                         | CUSIP: 361841AT6<br>LEI: 2549005PXW31DRW8EC44 | Long             | DBT              | CORP              | US        |  14546000 | PA      | $14493952.96   | 0.05%             | 2034-09-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV5380                                                   | CUSIP: 3140MJ6S9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   8116922 | PA      | $7104997.42    | 0.03%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV5393                                                   | CUSIP: 3140MJ7F6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4130276 | PA      | $3779505.69    | 0.01%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 785843                                                   | CUSIP: 3622ABLY6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  26063211 | PA      | $21875959.05   | 0.08%             | 2052-01-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GWT COMMERCIAL MORTGAGE TRUST 2024-WLF2                                                          | GWT 2024-WLF2 A                                             | CUSIP: 362414AA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  29946000 | PA      | $30030045.72   | 0.11%             | 2041-05-15      | Variable      | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV5394                                                   | CUSIP: 3140MJ7G4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   7677498 | PA      | $7017020.16    | 0.03%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV5152                                                   | CUSIP: 3140MJWN1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1613872 | PA      | $1360115.30    | 0.01%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GXO Logistics Inc.                                                                               | GXO 1.65 07/15/26                                           | CUSIP: 36262GAB7<br>LEI: 5493007CNWMXN78JRN66 | Long             | DBT              | CORP              | US        |  14940000 | PA      | $14450327.90   | 0.05%             | 2026-07-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE SECURITIES CORPORATION TRUST 2025-800D                                               | GSMS 2025-800D A                                            | CUSIP: 36273XAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  34333000 | PA      | $34342280.21   | 0.13%             | 2041-11-25      | Variable      | 6.96%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR RJ4363                                                   | CUSIP: 3142GUZ55<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1232000 | PA      | $1247861.46    | 0.00%             | 2055-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FINANCE OF AMERICA STRUCTURED SECURITIES TRUST SERIES 2025-S1                                    | FASST 2025-S1 A1                                            | CUSIP: 31741BAB0<br>LEI: 254900W0S6GNEJ457023 | Long             | ABS-O            | CORP              | US        |  10143323 | PA      | $9713095.25    | 0.04%             | 2075-02-25      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| FLAGSTAR MORTGAGE TRUST 2021-13INV                                                               | FSMT 2021-13IN A2                                           | CUSIP: 33853HAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  17833646 | PA      | $15093040.09   | 0.06%             | 2051-12-30      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                                    | STACR 2023-HQA2 M1A                                         | CUSIP: 35564K2F5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    710682 | PA      | $715070.13     | 0.00%             | 2043-06-25      | Variable      | 6.31%                 | Yes           |                  2 | On Loan: No      |
| GCAT 2023-INV1 TRUST                                                                             | GCAT 2023-INV1 A1                                           | CUSIP: 36830QAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  18099932 | PA      | $18213949.15   | 0.07%             | 2053-08-25      | Variable      | 6.00%                 | Yes           |                  2 | On Loan: No      |
| GE Aerospace                                                                                     | GE Aerospace COM NEW                                        | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |    994015 | NS      | $255849520.85  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                                    | STACR 2023-HQA3 M1                                          | CUSIP: 35564K3G2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   6577146 | PA      | $6630669.80    | 0.02%             | 2043-11-25      | Variable      | 6.16%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                                    | STACR 2022-HQA3 M1A                                         | CUSIP: 35564KE39<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4104636 | PA      | $4180413.84    | 0.02%             | 2042-08-25      | Variable      | 6.61%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                                    | STACR 2023-DNA2 M1A                                         | CUSIP: 35564KT58<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4367878 | PA      | $4437373.95    | 0.02%             | 2043-04-27      | Variable      | 6.41%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                                    | STACR 2024-DNA2 M1                                          | CUSIP: 35564NCX9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  10664515 | PA      | $10678415.22   | 0.04%             | 2044-05-25      | Variable      | 5.51%                 | Yes           |                  2 | On Loan: No      |
| General Motors Company                                                                           | GM 5.625 04/15/30                                           | CUSIP: 37045VBA7<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |  12997000 | PA      | $13284258.39   | 0.05%             | 2030-04-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| General Motors Company                                                                           | GM 6.25 04/15/35                                            | CUSIP: 37045VBB5<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |  11113000 | PA      | $11433479.25   | 0.04%             | 2035-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                                    | STACR 2024-DNA3 M1                                          | CUSIP: 35564NEZ2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3510513 | PA      | $3509442.33    | 0.01%             | 2044-10-25      | Variable      | 5.31%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                                    | STACR 2025-DNA1 M1                                          | CUSIP: 35564NFZ1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   8098738 | PA      | $8102986.89    | 0.03%             | 2045-01-25      | Variable      | 5.36%                 | Yes           |                  2 | On Loan: No      |
| Home Depot Inc.                                                                                  | Home Depot Inc. COM USD0.05                                 | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |    592570 | NS      | $217259864.80  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Humana Inc.                                                                                      | HUM 5.875 03/01/33                                          | CUSIP: 444859BV3<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |   5208000 | PA      | $5382134.84    | 0.02%             | 2033-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Genesee & Wyoming                                                                                | Genesee & Wyoming Term Loan B 200 2031-03-25                | CUSIP: 37156QAZ9<br>LEI: G617XSG94Z7G0RMW3L02 | Long             | LON              | CORP              | US        |  37445835 | PA      | $37223406.83   | 0.14%             | 2031-04-10      | Floating      | 6.05%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                                        | Goldman Sachs Group, Inc. COM USD0.01                       | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |    280196 | NS      | $198308719.00  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Humana Inc.                                                                                      | HUM 5.95 03/15/34                                           | CUSIP: 444859BY7<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |  14187000 | PA      | $14750688.24   | 0.05%             | 2034-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| MSCI Inc.                                                                                        | MSCI 3.625 09/01/30 144A                                    | CUSIP: 55354GAK6<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |  25762000 | PA      | $24163318.48   | 0.09%             | 2030-09-01      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| MSCI Inc.                                                                                        | MSCI 3.875 02/15/31 144A                                    | CUSIP: 55354GAL4<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |  21571000 | PA      | $20339528.87   | 0.08%             | 2031-02-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| MARLETTE FUNDING TRUST 2023-2                                                                    | MFT 2023-2A B                                               | CUSIP: 57109LAB9<br>LEI: 549300J7CH2COR8VWE03 | Long             | ABS-O            | CORP              | US        |   1474342 | PA      | $1477260.73    | 0.01%             | 2033-06-15      | Fixed         | 6.54%                 | Yes           |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                                        | GS V5.207 01/28/31 -                                        | CUSIP: 38141GC36<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |  24815000 | PA      | $25395862.82   | 0.09%             | 2031-01-28      | Variable      | 5.21%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                                        | GS V5.536 01/28/36                                          | CUSIP: 38141GC44<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |  21952000 | PA      | $22511523.55   | 0.08%             | 2036-01-28      | Variable      | 5.54%                 | No            |                  2 | On Loan: No      |
| MELLO MORTGAGE CAPITAL ACCEPTANCE                                                                | MELLO 2021-INV3 A11                                         | CUSIP: 585491BC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  12104158 | PA      | $11194391.56   | 0.04%             | 2051-10-25      | Variable      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Mello Mortgage Capital Acceptance 2018-Mtg1                                                      | MELLO 2021-INV2 A11                                         | CUSIP: 58549XBC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9592740 | PA      | $8868567.04    | 0.03%             | 2051-08-25      | Variable      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FNMA-30YR                                                   | CUSIP: 01F032674<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2838025 | PA      | $2555201.62    | 0.01%             | 2051-12-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GRACIE POINT INTERNATIONAL FUNDING 2024-1, LLC                                                   | GPIF 2024-1A A                                              | CUSIP: 38410KAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7709000 | PA      | $7723309.45    | 0.03%             | 2028-03-01      | Variable      | 6.12%                 | Yes           |                  2 | On Loan: No      |
| HCA Inc.                                                                                         | HCA 5.875 02/15/26                                          | CUSIP: 404119BS7<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   4146000 | PA      | $4150499.11    | 0.02%             | 2026-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Adobe Inc                                                                                        | Adobe Inc COM USD0.0001                                     | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |    408739 | NS      | $158132944.32  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA Inc.                                                                                         | HCA 3.625 03/15/32                                          | CUSIP: 404119CK3<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |  10927000 | PA      | $10078909.20   | 0.04%             | 2032-03-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| HCA Inc.                                                                                         | HCA 5.6 04/01/34                                            | CUSIP: 404119CU1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |  16318000 | PA      | $16695718.29   | 0.06%             | 2034-04-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FNMA-30YR                                                   | CUSIP: 01F050676<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1124000 | PA      | $1101723.44    | 0.00%             | 2055-02-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FNMA-30YR                                                   | CUSIP: 01F060675<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  10617091 | PA      | $10790468.10   | 0.04%             | 2055-01-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| HCA Healthcare Inc                                                                               | HCA Healthcare Inc COM USD0.01                              | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |    321095 | NS      | $123011494.50  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Health Care Service Corp.                                                                        | HCSERV 2.2 06/01/30 144A                                    | CUSIP: 42218SAF5<br>LEI: 549300TMJ1FKCKECR148 | Long             | DBT              | CORP              | US        |  13536000 | PA      | $12101696.61   | 0.04%             | 2030-06-01      | Fixed         | 2.20%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2-30YR-Multi                                               | CUSIP: 21H022671<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  32578133 | PA      | $27679587.19   | 0.10%             | 2051-11-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2-30YR-Multi                                               | CUSIP: 21H032670<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  20258806 | PA      | $18413309.81   | 0.07%             | 2052-02-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2-30YR-Multi                                               | CUSIP: 21H040673<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  11351459 | PA      | $10551226.55   | 0.04%             | 2052-04-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2-30YR-Multi                                               | CUSIP: 21H050672<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  18848683 | PA      | $18513496.87   | 0.07%             | 2055-03-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BALLYROCK CLO 14 LTD                                                                             | BALLY 2020-14A A1BR                                         | CUSIP: 05874XAN9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5292308 | PA      | $5315724.88    | 0.02%             | 2037-07-20      | Variable      | 5.85%                 | Yes           |                  2 | On Loan: No      |
| BARINGS LN PARTNERS CLO LTD 5                                                                    | BABSN LP-5A A                                               | CUSIP: 06764CAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  24995203 | PA      | $25058660.82   | 0.09%             | 2035-01-22      | Variable      | 5.49%                 | Yes           |                  2 | On Loan: No      |
| Benefit Street Partners CLO IV Ltd.                                                              | BSP 2018-15A A1R                                            | CUSIP: 08179MAN9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |  36066000 | PA      | $36176394.42   | 0.13%             | 2037-07-15      | Variable      | 5.65%                 | Yes           |                  2 | On Loan: No      |
| CBAM 2019-11R LTD / LLC                                                                          | CBAM 2019-11RA A1                                           | CUSIP: 12510TAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  16984000 | PA      | $17012983.20   | 0.06%             | 2035-01-22      | Variable      | 5.71%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FNMA-30YR                                                   | CUSIP: 01F030678<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1786867 | PA      | $1545664.97    | 0.01%             | 2051-12-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST I LLC                                                                   | AOMT 2019-5 A1                                              | CUSIP: 03464KAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    503517 | PA      | $495297.36     | 0.00%             | 2049-10-25      | Variable      | 2.59%                 | Yes           |                  2 | On Loan: No      |
| CBAM 2019-11R LTD / LLC                                                                          | CBAM 2019-11RA B                                            | CUSIP: 12510TAC8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6819244 | PA      | $6832894.76    | 0.03%             | 2035-01-22      | Variable      | 6.28%                 | Yes           |                  2 | On Loan: No      |
| Hps Loan Management 12 2018 Llc                                                                  | HLM 2021-16A B                                              | CUSIP: 40440XAC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5360143 | PA      | $5376522.52    | 0.02%             | 2035-01-23      | Variable      | 6.24%                 | Yes           |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust 2019-6                                                                  | AOMT 2019-6 A1                                              | CUSIP: 03464VAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1530509 | PA      | $1494983.11    | 0.01%             | 2059-11-25      | Variable      | 2.62%                 | Yes           |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust 2020-3                                                                  | AOMT 2020-3 A2                                              | CUSIP: 03465LAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1792761 | PA      | $1705637.29    | 0.01%             | 2065-04-25      | Variable      | 2.41%                 | Yes           |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST 2024-5                                                                  | AOMT 2024-5 A1                                              | CUSIP: 03465YAA5<br>LEI: 25490045FDNHIWZ12934 | Long             | ABS-O            | CORP              | US        |  23031384 | PA      | $22858772.40   | 0.08%             | 2068-07-25      | Variable      | 4.95%                 | Yes           |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST 2024-3                                                                  | AOMT 2024-3 A1                                              | CUSIP: 03466HAA1<br>LEI: 254900F6KNKYG7I13E33 | Long             | ABS-O            | CORP              | US        |   3916330 | PA      | $3880783.02    | 0.01%             | 2068-11-26      | Variable      | 4.80%                 | Yes           |                  2 | On Loan: No      |
| Health Care Service Corp.                                                                        | HCSERV 5.2 06/15/29 144A                                    | CUSIP: 42218SAK4<br>LEI: 549300TMJ1FKCKECR148 | Long             | DBT              | CORP              | US        |  14413000 | PA      | $14708437.24   | 0.05%             | 2029-06-15      | Fixed         | 5.20%                 | Yes           |                  2 | On Loan: No      |
| Health Care Service Corp.                                                                        | HCSERV 5.45 06/15/34 144A                                   | CUSIP: 42218SAL2<br>LEI: 549300TMJ1FKCKECR148 | Long             | DBT              | CORP              | US        |  32502000 | PA      | $33024404.00   | 0.12%             | 2034-06-15      | Fixed         | 5.45%                 | Yes           |                  2 | On Loan: No      |
| Health Care Service Corp.                                                                        | HCSERV 5.875 06/15/54 144A                                  | CUSIP: 42218SAM0<br>LEI: 549300TMJ1FKCKECR148 | Long             | DBT              | CORP              | US        |  13584000 | PA      | $13230417.17   | 0.05%             | 2054-06-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Hess Midstream Operations LP                                                                     | HESM 5.125 06/15/28 144A                                    | CUSIP: 428104AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  11121000 | PA      | $11042981.74   | 0.04%             | 2028-06-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Madison Park Funding LV Ltd / Madison Park Funding LV LLC                                        | MDPK 2022-55A A1R                                           | CUSIP: 55819FAQ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  37139704 | PA      | $37255360.75   | 0.14%             | 2037-07-20      | Variable      | 5.63%                 | Yes           |                  2 | On Loan: No      |
| MADISON PARK FUNDING XXXIV LTD                                                                   | MDPK 2019-34A A2RR                                          | CUSIP: 55819GAY5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  11944000 | PA      | $11966064.15   | 0.04%             | 2037-10-16      | Variable      | 5.86%                 | Yes           |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST 2025-6                                                                  | AOMT 2025-6 A1                                              | CUSIP: 034937AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  18633063 | PA      | $18685634.01   | 0.07%             | 2070-04-25      | Variable      | 5.51%                 | Yes           |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST 2024-6                                                                  | AOMT 2024-6 A1                                              | CUSIP: 034944AA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  25378954 | PA      | $25015903.08   | 0.09%             | 2067-11-25      | Variable      | 4.65%                 | Yes           |                  2 | On Loan: No      |
| AQUA FINANCE TRUST                                                                               | AQFIT 2021-A A                                              | CUSIP: 03842VAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2280925 | PA      | $2097225.25    | 0.01%             | 2046-07-17      | Fixed         | 1.54%                 | Yes           |                  2 | On Loan: No      |
| Arivo Acceptance Auto Loan Receivables Trust 2022-1                                              | ARIVO 2022-1A A                                             | CUSIP: 04047EAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    480435 | PA      | $479547.54     | 0.00%             | 2028-05-15      | Fixed         | 3.93%                 | Yes           |                  2 | On Loan: No      |
| MAGNETITE CLO LTD.                                                                               | MAGNE 2025-50A A1                                           | CUSIP: 55956MAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |  19768000 | PA      | $19768000.00   | 0.07%             | 2038-07-26      | Variable      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Gallagher Aj &Co                                                                                 | AJG 5 02/15/32                                              | CUSIP: 04316JAM1<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |   3263000 | PA      | $3306996.60    | 0.01%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gallagher Aj &Co                                                                                 | AJG 5.15 02/15/35                                           | CUSIP: 04316JAN9<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |   8158000 | PA      | $8161846.82    | 0.03%             | 2035-02-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                                                            | ATH 2.646 10/04/31 144A                                     | CUSIP: 04685A3E9<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |  17357000 | PA      | $15037404.45   | 0.06%             | 2031-10-04      | Fixed         | 2.65%                 | Yes           |                  2 | On Loan: No      |
| Automatic Data Processing, Inc.                                                                  | Automatic Data Processing, Inc. COM USD0.10                 | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |    335882 | NS      | $103586008.80  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp.                                                                            | BAC V5.872 09/15/34                                         | CUSIP: 06051GLU1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  18294000 | PA      | $19304926.62   | 0.07%             | 2034-09-15      | Variable      | 5.87%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                                            | BAC V5.162 01/24/31                                         | CUSIP: 06051GML0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  47490000 | PA      | $48674855.08   | 0.18%             | 2031-01-24      | Variable      | 5.16%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                                            | BAC V5.744 02/12/36                                         | CUSIP: 06051GMQ9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  78359000 | PA      | $79623566.16   | 0.29%             | 2036-02-12      | Variable      | 5.74%                 | No            |                  2 | On Loan: No      |
| CME Group Inc.                                                                                   | CME Group Inc. COM USD0.01                                  | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |    418680 | NS      | $115396581.60  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| COLT 2020-3 Mortgage Loan Trust                                                                  | COLT 2020-3 A1                                              | CUSIP: 12597QAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    326530 | PA      | $317618.64     | 0.00%             | 2065-04-27      | Variable      | 1.51%                 | Yes           |                  2 | On Loan: No      |
| CVS Health Corp                                                                                  | CVS 4.78 03/25/38                                           | CUSIP: 126650CY4<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |  16581000 | PA      | $15216856.76   | 0.06%             | 2038-03-25      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| OASIS SECURITISATION 24-1A                                                                       | OASIS 2024-1A A                                             | CUSIP: 53161XAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4807000 | PA      | $4773894.67    | 0.02%             | 2038-09-30      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| NRZ FHT EXCESS LLC                                                                               | NZES 2021-FHT1 A                                            | CUSIP: 62955MAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3958872 | PA      | $3840768.44    | 0.01%             | 2026-07-25      | Fixed         | 3.10%                 | Yes           |                  2 | On Loan: No      |
| CVS Health Corp                                                                                  | CVS 5.25 02/21/33                                           | CUSIP: 126650DU1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   2870000 | PA      | $2889174.53    | 0.01%             | 2033-02-21      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COOPR RESIDENTIAL MORTGAGE TRUST 2025-CES2                                                       | COOPR 2025-CES2 A1A                                         | CUSIP: 12674UAA1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | CORP              | US        |  14559000 | PA      | $14631716.03   | 0.05%             | 2060-06-25      | Variable      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| New Residential Mtg LLC / Nrm Fnt1 Excess LLC                                                    | NZES 2024-FNT1 A                                            | CUSIP: 62956YAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  12870930 | PA      | $12973223.47   | 0.05%             | 2031-11-25      | Variable      | 7.40%                 | Yes           |                  2 | On Loan: No      |
| New Economy Assets Phase 1 Issuer LLC                                                            | USRE 2021-1 B1                                              | CUSIP: 643821AB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8554000 | PA      | $7795760.61    | 0.03%             | 2061-10-20      | Fixed         | 2.41%                 | Yes           |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust 2018-2                                                       | NRZT 2018-2A A1                                             | CUSIP: 64828CAA7<br>LEI: 549300U1MV4J7YQZG974 | Long             | ABS-O            | CORP              | US        |    884798 | PA      | $866207.78     | 0.00%             | 2058-02-25      | Variable      | 4.50%                 | Yes           |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST 2024-RTL2                                                    | NRMLT 2024-RTL2 A1                                          | CUSIP: 64831WAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9423000 | PA      | $9417757.04    | 0.03%             | 2039-09-25      | Variable      | 5.44%                 | Yes           |                  2 | On Loan: No      |
| Citigroup Inc.                                                                                   | C V3.887 01/10/28                                           | CUSIP: 172967LD1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  36115000 | PA      | $35786708.15   | 0.13%             | 2028-01-10      | Variable      | 3.89%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                                   | C V5.827 02/13/35                                           | CUSIP: 172967PG0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  50084000 | PA      | $51103932.11   | 0.19%             | 2035-02-13      | Variable      | 5.83%                 | No            |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST 2024-NQM2                                                    | NRZT 2024-NQM2 A1                                           | CUSIP: 64832BAC9<br>LEI: 5493008390ERUXVSGM12 | Long             | ABS-O            | CORP              | US        |  15362946 | PA      | $15303609.55   | 0.06%             | 2064-09-25      | Variable      | 5.12%                 | Yes           |                  2 | On Loan: No      |
| NVIDIA Corp.                                                                                     | NVIDIA Corp. COM USD0.001                                   | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |  10243964 | NS      | $1618443872.36 | 5.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Civitas Resources Inc                                                                            | CIVI 8.75 07/01/31 144A                                     | CUSIP: 17888HAB9<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |  10106000 | PA      | $10218268.87   | 0.04%             | 2031-07-01      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Civitas Resources Inc                                                                            | CIVI 8.625 11/01/30 144A                                    | CUSIP: 17888HAC7<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |   5452000 | PA      | $5535077.58    | 0.02%             | 2030-11-01      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| ONSLOW BAY FINANCIAL                                                                             | OBX 2022-INV1 A1                                            | CUSIP: 67115NAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4336461 | PA      | $3679977.60    | 0.01%             | 2051-12-25      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| ONSLOW BAY FINANCIAL                                                                             | OBX 2022-INV1 A18                                           | CUSIP: 67115NAU4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  11474784 | PA      | $9688475.51    | 0.04%             | 2051-12-25      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                                                                       | OXY 8.875 07/15/30                                          | CUSIP: 674599EA9<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |  10356000 | PA      | $11833697.64   | 0.04%             | 2030-07-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                                                                       | OXY 6.625 09/01/30                                          | CUSIP: 674599ED3<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   7296000 | PA      | $7714644.48    | 0.03%             | 2030-09-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                                                                       | OXY 6.125 01/01/31                                          | CUSIP: 674599EF8<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |  13083000 | PA      | $13543826.43   | 0.05%             | 2031-01-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                                                                       | OXY 5.2 08/01/29                                            | CUSIP: 674599EJ0<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   9302000 | PA      | $9331915.23    | 0.03%             | 2029-08-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                                                                       | OXY 5.375 01/01/32                                          | CUSIP: 674599EK7<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |  21392000 | PA      | $21215967.37   | 0.08%             | 2032-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| OPEN TRUST 2023-AIR                                                                              | OPEN 2023-AIR A                                             | CUSIP: 68373BAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3566739 | PA      | $3566711.74    | 0.01%             | 2040-11-15      | Variable      | 7.40%                 | Yes           |                  2 | On Loan: No      |
| Civitas Resources Inc                                                                            | CIVI 9.625 06/15/33 144A                                    | CUSIP: 17888HAD5<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |  19592000 | PA      | $20085346.15   | 0.07%             | 2033-06-15      | Fixed         | 9.62%                 | Yes           |                  2 | On Loan: No      |
| Columbia Pipelines Operating Co. LLC                                                             | CPGX 6.036 11/15/33 144A                                    | CUSIP: 19828TAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  12631000 | PA      | $13253491.55   | 0.05%             | 2033-11-15      | Fixed         | 6.04%                 | Yes           |                  2 | On Loan: No      |
| Columbia Pipelines Operating Co. LLC                                                             | CPGX 6.544 11/15/53 144A                                    | CUSIP: 19828TAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  13172000 | PA      | $13613782.43   | 0.05%             | 2053-11-15      | Fixed         | 6.54%                 | Yes           |                  2 | On Loan: No      |
| Columbia Pipelines Operating Co. LLC                                                             | CPGX 6.497 08/15/43 144A                                    | CUSIP: 19828TAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2548000 | PA      | $2631217.25    | 0.01%             | 2043-08-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| COMPASS DATACENTERS ISSUER                                                                       | CMDC 2025-1A A2                                             | CUSIP: 20469BAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  21257000 | PA      | $21540526.78   | 0.08%             | 2050-02-25      | Fixed         | 5.66%                 | Yes           |                  2 | On Loan: No      |
| COMPASS DATACENTERS ISSUER                                                                       | CMDC 2025-2A A2                                             | CUSIP: 20469BAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  13235000 | PA      | $13349848.57   | 0.05%             | 2050-02-25      | Fixed         | 5.83%                 | Yes           |                  2 | On Loan: No      |
| ConocoPhillips                                                                                   | ConocoPhillips COM USD0.01                                  | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |   1318306 | NS      | $118304780.44  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Brands, Inc.                                                                       | Constellation Brands, Inc. COM USD0.01 CLASS A              | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |    375326 | NS      | $61058033.68   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| OPEN TRUST 2023-AIR                                                                              | OPEN 2023-AIR C                                             | CUSIP: 68373BAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4126381 | PA      | $4126714.08    | 0.02%             | 2040-11-15      | Variable      | 9.55%                 | Yes           |                  2 | On Loan: No      |
| Oracle Corp.                                                                                     | Oracle Corp. COM USD0.01                                    | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |    862145 | NS      | $188490761.35  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Organon & Co. / Organon Foreign Debt Co-Issuer BV                                                | OGN 6.75 05/15/34 144A                                      | CUSIP: 68622FAA9<br>LEI: 549300AMCKY57OK2CO56 | Long             | DBT              | CORP              | US        |  16373000 | PA      | $15723742.44   | 0.06%             | 2034-05-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| PNC Financial Services Group Inc.                                                                | PNC V6.875 10/20/34                                         | CUSIP: 693475BU8<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |  22327000 | PA      | $24959395.72   | 0.09%             | 2034-10-20      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| Corteva Inc                                                                                      | Corteva Inc COM USD0.01                                     | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |   1326603 | NS      | $98871721.59   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corporation                                                                     | Costco Wholesale Corporation COM USD0.01                    | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |    147136 | NS      | $145655811.84  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group Inc.                                                                | PNC V5.401 07/23/35                                         | CUSIP: 693475BZ7<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |  23966000 | PA      | $24404195.06   | 0.09%             | 2035-07-23      | Variable      | 5.40%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group Inc.                                                                | PNC V5.222 01/29/31                                         | CUSIP: 693475CB9<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   7381000 | PA      | $7574866.17    | 0.03%             | 2031-01-29      | Variable      | 5.22%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group Inc.                                                                | PNC V5.575 01/29/36                                         | CUSIP: 693475CC7<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |  10386000 | PA      | $10704536.02   | 0.04%             | 2036-01-29      | Variable      | 5.58%                 | No            |                  2 | On Loan: No      |
| PRPM LLC                                                                                         | PRPM 2020-4 A1                                              | CUSIP: 69359XAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6817385 | PA      | $6819375.91    | 0.03%             | 2025-10-25      | Variable      | 6.61%                 | Yes           |                  2 | On Loan: No      |
| CP EF ASSET SECURITIZATION II LLC                                                                | CPEF 2023-1A A                                              | CUSIP: 224092AA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4084726 | PA      | $4123713.24    | 0.02%             | 2032-03-15      | Fixed         | 7.48%                 | Yes           |                  2 | On Loan: No      |
| Accenture PLC                                                                                    | Accenture PLC CLS'A'USD0.0000225                            | CUSIP: G1151C101<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | US        |    519670 | NS      | $155324166.30  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Software Inc.                                                                      | CSUCN 5.158 02/16/29 144A                                   | CUSIP: 21037XAC4<br>LEI: 549300B6PYHMCTDWQV29 | Long             | DBT              | CORP              | CA        |   6132000 | PA      | $6237521.66    | 0.02%             | 2029-02-16      | Fixed         | 5.16%                 | Yes           |                  2 | On Loan: No      |
| Constellation Software Inc.                                                                      | CSUCN 5.461 02/16/34 144A                                   | CUSIP: 21037XAD2<br>LEI: 549300B6PYHMCTDWQV29 | Long             | DBT              | CORP              | CA        |  17820000 | PA      | $18177938.40   | 0.07%             | 2034-02-16      | Fixed         | 5.46%                 | Yes           |                  2 | On Loan: No      |
| CROTON PARK CLO LTD                                                                              | CRTPK 2024-1A A2                                            | CUSIP: 227800AC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |  16432000 | PA      | $16456639.78   | 0.06%             | 2036-10-15      | Variable      | 5.82%                 | Yes           |                  2 | On Loan: No      |
| PRET 2025-RPL1 TRUST                                                                             | PRET 2025-RPL1 A1                                           | CUSIP: 69392FAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  12563667 | PA      | $12134539.69   | 0.04%             | 2069-07-25      | Variable      | 4.00%                 | Yes           |                  2 | On Loan: No      |
| PRET 2025-RPL2 TRUST                                                                             | PRET 2025-RPL2 A1                                           | CUSIP: 69392LAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  13576105 | PA      | $13118552.51   | 0.05%             | 2064-08-25      | Variable      | 4.00%                 | Yes           |                  2 | On Loan: No      |
| PRPM 2024-RCF2 LLC                                                                               | PRPM 2024-RCF2 A1                                           | CUSIP: 693987AA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5398188 | PA      | $5250985.06    | 0.02%             | 2054-03-25      | Variable      | 3.75%                 | Yes           |                  2 | On Loan: No      |
| The Progressive Corporation                                                                      | The Progressive Corporation COM USD1.00                     | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |   1316438 | NS      | $351304644.68  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc.                                                                                    | Prologis Inc. COM USD0.01                                   | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |   1080276 | NS      | $113558613.12  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| PRPM 2025-RPL4 LLC                                                                               | PRPM 2025-RPL4 A1                                           | CUSIP: 74448NAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  16884499 | PA      | $15774098.37   | 0.06%             | 2055-05-25      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| QTS ISSUER ABS I, LLLC                                                                           | QTS 2025-1A A2                                              | CUSIP: 74690DAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  49100000 | PA      | $49643348.01   | 0.18%             | 2055-05-25      | Fixed         | 5.44%                 | Yes           |                  2 | On Loan: No      |
| Quikrete Holdings Inc                                                                            | QUIKHO 6.375 03/01/32 144A                                  | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |  15902000 | PA      | $16352343.37   | 0.06%             | 2032-03-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| WOODWARD CAPITAL MANAGEMENT                                                                      | RCKT 2021-3 A21                                             | CUSIP: 74938DAW3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8460023 | PA      | $7776468.08    | 0.03%             | 2051-07-25      | Variable      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| WOODWARD CAPITAL MANAGEMENT                                                                      | RCKT 2024-CES5 A1A                                          | CUSIP: 74938KAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  19476262 | PA      | $19576248.96   | 0.07%             | 2044-08-25      | Variable      | 5.85%                 | Yes           |                  2 | On Loan: No      |
| WOODWARD CAPITAL MANAGEMENT                                                                      | RCKT 2024-CES6 A1A                                          | CUSIP: 749410AA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  15301810 | PA      | $15270465.64   | 0.06%             | 2044-09-25      | Variable      | 5.34%                 | Yes           |                  2 | On Loan: No      |
| RCKT Mortgage Trust 2024-CES7                                                                    | RCKT 2024-CES7 A1A                                          | CUSIP: 749414AA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  24335357 | PA      | $24236024.58   | 0.09%             | 2044-10-25      | Variable      | 5.16%                 | Yes           |                  2 | On Loan: No      |
| WOODWARD CAPITAL MANAGEMENT                                                                      | RCKT 2024-CES3 A1A                                          | CUSIP: 74942AAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  11155154 | PA      | $11300629.29   | 0.04%             | 2044-05-25      | Variable      | 6.59%                 | Yes           |                  2 | On Loan: No      |
| Rocket Companies Inc                                                                             | RKT 6.125 08/01/30 144A                                     | CUSIP: 77311WAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  10068000 | PA      | $10259594.04   | 0.04%             | 2030-08-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Uber Technologies Inc                                                                            | Uber Technologies Inc COM USD0.00001                        | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |   1319533 | NS      | $123112428.90  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury Notes                                                                     | T 4.25 05/15/35                                             | CUSIP: 91282CNC1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 225070300 | PA      | $225421972.34  | 0.83%             | 2035-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| GOLDENTREE LOAN MANAGEMENT US CLO 17 LTD                                                         | GLM 2023-17A AR                                             | CUSIP: 38139FAN0<br>LEI: 549300TS068SCJRDSP12 | Long             | ABS-CBDO         | CORP              | JE        |  27405000 | PA      | $27446107.50   | 0.10%             | 2039-01-20      | Variable      | 5.60%                 | Yes           |                  2 | On Loan: No      |
| Neuberger Berman Loan Advisers Clo 34 Ltd                                                        | NEUB 2019-32RA A                                            | CUSIP: 64135XAA9<br>LEI: 5493009EGZQAPYYVLD80 | Long             | ABS-O            | CORP              | KY        |  24157798 | PA      | $24157798.00   | 0.09%             | 2039-07-20      | Variable      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| OCP CLO LTD 2020-8R                                                                              | OCP 2020-8RA AR                                             | CUSIP: 670898AQ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  24995203 | PA      | $25038869.62   | 0.09%             | 2036-10-17      | Variable      | 5.53%                 | Yes           |                  2 | On Loan: No      |
| OCP Clo 2017-14 Ltd / LLC                                                                        | OCP 2017-14A A2R                                            | CUSIP: 67097QAQ8<br>LEI: 25490025Q5WQX513IQ05 | Long             | ABS-CBDO         | CORP              | KY        |   7550000 | PA      | $7561375.59    | 0.03%             | 2037-07-20      | Variable      | 5.86%                 | Yes           |                  2 | On Loan: No      |
| OCTAGON INVESTMENTS PARTNERS 42 LTD                                                              | OCT42 2019-3A A2RR                                          | CUSIP: 67576PBA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2354880 | PA      | $2358634.39    | 0.01%             | 2037-07-15      | Variable      | 5.82%                 | Yes           |                  2 | On Loan: No      |
| Elevance Health Inc.                                                                             | ELV 5.2 02/15/35                                            | CUSIP: 036752BD4<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |  13031000 | PA      | $13167385.57   | 0.05%             | 2035-02-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| CYRUSONE DATA CENTERS ISSUER I LLC                                                               | CYRUS 2023-1A B                                             | CUSIP: 23284BAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4334348 | PA      | $4302939.41    | 0.02%             | 2048-04-20      | Fixed         | 5.45%                 | Yes           |                  2 | On Loan: No      |
| CYRUSONE DATA CENTERS ISSUER I LLC                                                               | CYRUS 2023-2A A2                                            | CUSIP: 23284BAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4357481 | PA      | $4412749.84    | 0.02%             | 2048-11-20      | Fixed         | 5.56%                 | Yes           |                  2 | On Loan: No      |
| CYRUSONE DATA CENTERS ISSUER I LLC                                                               | CYRUS 2024-1A A2                                            | CUSIP: 23284BAF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9636018 | PA      | $9496632.68    | 0.04%             | 2049-03-22      | Fixed         | 4.76%                 | Yes           |                  2 | On Loan: No      |
| CYRUSONE DATA CENTERS ISSUER I LLC                                                               | CYRUS 2024-2A A2                                            | CUSIP: 23284BAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3413000 | PA      | $3323935.96    | 0.01%             | 2049-05-20      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| CYRUSONE DATA CENTERS ISSUER I LLC                                                               | CYRUS 2024-3A A2                                            | CUSIP: 23284BAH7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  33334000 | PA      | $31847539.78   | 0.12%             | 2049-05-20      | Fixed         | 4.65%                 | Yes           |                  2 | On Loan: No      |
| DB Master Finance LLC                                                                            | DNKN 2021-1A A2II                                           | CUSIP: 233046AQ4<br>LEI: 549300F17UZJL70BPB08 | Long             | ABS-O            | CORP              | US        |   4698585 | PA      | $4341780.70    | 0.02%             | 2051-11-20      | Fixed         | 2.49%                 | Yes           |                  2 | On Loan: No      |
| DB Master Finance LLC                                                                            | DNKN 2021-1A A23                                            | CUSIP: 233046AS0<br>LEI: 549300F17UZJL70BPB08 | Long             | ABS-O            | CORP              | US        |   3576290 | PA      | $3114517.15    | 0.01%             | 2051-11-20      | Fixed         | 2.79%                 | Yes           |                  2 | On Loan: No      |
| DT Midstream Inc                                                                                 | DTMINC 4.125 06/15/29 144A                                  | CUSIP: 23345MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  25682000 | PA      | $24804331.52   | 0.09%             | 2029-06-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| DT Midstream Inc                                                                                 | DTMINC 4.375 06/15/31 144A                                  | CUSIP: 23345MAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  41648000 | PA      | $39881479.26   | 0.15%             | 2031-06-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| DT Midstream Inc                                                                                 | DTMINC 4.3 04/15/32 144A                                    | CUSIP: 23345MAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7191000 | PA      | $6728280.00    | 0.02%             | 2032-04-15      | Fixed         | 4.30%                 | Yes           |                  2 | On Loan: No      |
| Danaher Corporation                                                                              | Danaher Corporation COM USD0.01                             | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |    775884 | NS      | $153268125.36  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Company                                                                                  | Deere & Company COM USD1                                    | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |    248402 | NS      | $126309932.98  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| DIAMOND INFRASTRUCTURE FUNDING                                                                   | DNFRA 2021-1A A                                             | CUSIP: 25265LAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  17354000 | PA      | $16510158.28   | 0.06%             | 2049-04-15      | Fixed         | 1.76%                 | Yes           |                  2 | On Loan: No      |
| Capital One Financial Corp.                                                                      | COF V7.964 11/02/34                                         | CUSIP: 254709AT5<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |  12097000 | PA      | $14061413.81   | 0.05%             | 2034-11-02      | Variable      | 7.96%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp                                                                                 | DUK 5.45 06/15/34                                           | CUSIP: 26441CCE3<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |  35348000 | PA      | $36305250.35   | 0.13%             | 2034-06-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Duquesne Light Holdings, Inc.                                                                    | DQE 2.775 01/07/32 144A                                     | CUSIP: 266233AJ4<br>LEI: 4CUJ1D8WDXK9X7QI6B93 | Long             | DBT              | CORP              | US        |  16995000 | PA      | $14654461.01   | 0.05%             | 2032-01-07      | Fixed         | 2.77%                 | Yes           |                  2 | On Loan: No      |
| Emerson Electric's climate control business                                                      | Emerson Electric's climate control business                 | CUSIP: 26872NAD1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  29689367 | PA      | $29620784.41   | 0.11%             | 2031-08-04      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZK8962                                                   | CUSIP: 3131XC5X1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1668206 | PA      | $1615135.78    | 0.01%             | 2032-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD0931                                                   | CUSIP: 3132DNA86<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  27813092 | PA      | $23335631.06   | 0.09%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD0943                                                   | CUSIP: 3132DNBL6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2399235 | PA      | $2197576.55    | 0.01%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD1150                                                   | CUSIP: 3132DNH30<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4765459 | PA      | $4364916.14    | 0.02%             | 2052-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD1137                                                   | CUSIP: 3132DNHN6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  14151899 | PA      | $11979474.85   | 0.04%             | 2051-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD1143                                                   | CUSIP: 3132DNHU0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  15200994 | PA      | $14793451.84   | 0.05%             | 2050-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD1551                                                   | CUSIP: 3132DNWL3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5215326 | PA      | $4926579.56    | 0.02%             | 2050-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD1840                                                   | CUSIP: 3132DPBH0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  11483921 | PA      | $10035322.24   | 0.04%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD3493                                                   | CUSIP: 3132DQ3A2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  11597685 | PA      | $9752183.62    | 0.04%             | 2052-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD2897                                                   | CUSIP: 3132DQGE0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4447257 | PA      | $4474594.11    | 0.02%             | 2053-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD4668                                                   | CUSIP: 3132DSFH0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  19136526 | PA      | $19572488.83   | 0.07%             | 2053-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD5067                                                   | CUSIP: 3132DSTY8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   6298981 | PA      | $6376604.47    | 0.02%             | 2054-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD7023                                                   | CUSIP: 3132DUYU5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  16208510 | PA      | $14137636.27   | 0.05%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD8040                                                   | CUSIP: 3132DV4Z5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    472522 | PA      | $458652.94     | 0.00%             | 2050-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD7548                                                   | CUSIP: 3132DVL52<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  12618213 | PA      | $10661521.09   | 0.04%             | 2051-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD8212                                                   | CUSIP: 3132DWDR1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  13004413 | PA      | $10823673.41   | 0.04%             | 2052-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD4009                                                   | CUSIP: 3132E0N24<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  11444874 | PA      | $11814947.85   | 0.04%             | 2053-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BX5969                                                   | CUSIP: 3140NAT37<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    967055 | PA      | $955902.99     | 0.00%             | 2053-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BX8071                                                   | CUSIP: 3140NC6H7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    590327 | PA      | $582368.33     | 0.00%             | 2053-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BX7860                                                   | CUSIP: 3140NCWW5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    319219 | PA      | $322926.79     | 0.00%             | 2053-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                                 | FN BX9351                                                   | CUSIP: 3140NEL94<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1148875 | PA      | $1133385.05    | 0.00%             | 2053-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BY0782                                                   | CUSIP: 3140NG2Q2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    181898 | PA      | $183985.79     | 0.00%             | 2053-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BY0866                                                   | CUSIP: 3140NG6C9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    172542 | PA      | $174511.25     | 0.00%             | 2053-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BY1920                                                   | CUSIP: 3140NJD27<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    585550 | PA      | $577618.03     | 0.00%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BY1896                                                   | CUSIP: 3140NJDA9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    334246 | PA      | $338060.50     | 0.00%             | 2053-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BY2783                                                   | CUSIP: 3140NKCV1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    706199 | PA      | $696588.67     | 0.00%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BY3263                                                   | CUSIP: 3140NKTV3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1161533 | PA      | $1145653.63    | 0.00%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BY4284                                                   | CUSIP: 3140NLXN4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    478006 | PA      | $484701.59     | 0.00%             | 2053-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                                 | FN BY6374                                                   | CUSIP: 3140NPCL2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1371686 | PA      | $1387157.79    | 0.01%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                                 | FN BY6690                                                   | CUSIP: 3140NPNG1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    693715 | PA      | $685430.00     | 0.00%             | 2053-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                                 | FN BY7004                                                   | CUSIP: 3140NPYA2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    645806 | PA      | $654745.92     | 0.00%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CA0108                                                   | CUSIP: 3140Q7DN4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    676306 | PA      | $625976.25     | 0.00%             | 2047-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CA3683                                                   | CUSIP: 3140QBCV8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    277674 | PA      | $269512.19     | 0.00%             | 2049-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CA4035                                                   | CUSIP: 3140QBPV4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    442647 | PA      | $429635.71     | 0.00%             | 2049-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CA5327                                                   | CUSIP: 3140QC4M5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2101002 | PA      | $1746451.32    | 0.01%             | 2050-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CA4646                                                   | CUSIP: 3140QCEU6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2623919 | PA      | $2351990.14    | 0.01%             | 2048-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB2750                                                   | CUSIP: 3140QNBU5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  25404710 | PA      | $21244885.92   | 0.08%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB2891                                                   | CUSIP: 3140QNF98<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  34165944 | PA      | $29939220.44   | 0.11%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB2907                                                   | CUSIP: 3140QNGR7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5954514 | PA      | $5454030.27    | 0.02%             | 2052-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB3042                                                   | CUSIP: 3140QNLY6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   8733465 | PA      | $7370031.49    | 0.03%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB3043                                                   | CUSIP: 3140QNLZ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  23627957 | PA      | $19912822.82   | 0.07%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB3123                                                   | CUSIP: 3140QNPH9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  38643593 | PA      | $35346798.04   | 0.13%             | 2052-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB3240                                                   | CUSIP: 3140QNS60<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  16955515 | PA      | $14839126.98   | 0.05%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB3837                                                   | CUSIP: 3140QPHP5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  24895493 | PA      | $22765815.70   | 0.08%             | 2052-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB4076                                                   | CUSIP: 3140QPQ67<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3601757 | PA      | $3293645.88    | 0.01%             | 2052-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB4329                                                   | CUSIP: 3140QPY35<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1259661 | PA      | $1153250.57    | 0.00%             | 2052-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB4320                                                   | CUSIP: 3140QPYS0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2519529 | PA      | $2303801.78    | 0.01%             | 2052-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB7112                                                   | CUSIP: 3140QS3W9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  22581843 | PA      | $22867088.80   | 0.08%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB6686                                                   | CUSIP: 3140QSNC1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3158210 | PA      | $3060001.77    | 0.01%             | 2053-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB7430                                                   | CUSIP: 3140QTHG7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6493995 | PA      | $6603959.82    | 0.02%             | 2053-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB8134                                                   | CUSIP: 3140QUBC9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  12037430 | PA      | $12237949.76   | 0.05%             | 2054-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB8221                                                   | CUSIP: 3140QUD37<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  39558379 | PA      | $39768272.00   | 0.15%             | 2054-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB8543                                                   | CUSIP: 3140QUP59<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  36609113 | PA      | $37650559.40   | 0.14%             | 2054-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB8818                                                   | CUSIP: 3140QUYQ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  10627592 | PA      | $10478092.16   | 0.04%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB9612                                                   | CUSIP: 3140QVVE1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  26534376 | PA      | $26654320.33   | 0.10%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FM3664                                                   | CUSIP: 3140X7CA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2356620 | PA      | $2226145.23    | 0.01%             | 2049-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FM5076                                                   | CUSIP: 3140X8UA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1619229 | PA      | $1520978.82    | 0.01%             | 2050-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS0359                                                   | CUSIP: 3140XFMH1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  11825970 | PA      | $9973835.05    | 0.04%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Eli Lilly & Co.                                                                                  | Eli Lilly & Co. COM NPV                                     | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |    397671 | NS      | $309996474.63  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus Henderson Cash Collateral Fund                                                             | Janus Henderson Cash Collateral Fund                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |    169800 | NS      | $169800.00     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                                              | Royal Bank of Canada                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | CORP              | US        |     42450 | PA      | $42450.00      | 0.00%             | 2025-07-01      | Fixed         | 4.31%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-14

**Name of Applicant:** JANUS INVESTMENT FUND

**Signature:** JESPER NERGAARD

**Name of Signer:** JESPER NERGAARD

**Title:** VP, CFO, TREASURER, AND PRINCIPAL ACCOUNTING OFFICER