# EDGAR Filing Document

**Accession Number:** 0001559992
**File Stem:** 0001193125-25-336528
**Filing Date:** 2025-12
**Character Count:** 136074
**Document Hash:** 644d102bb059901ced4f74d6e6b9f1f4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-336528.hdr.sgml**: 20251230

**ACCESSION NUMBER**: 0001193125-25-336528

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251230

**DATE AS OF CHANGE**: 20251230

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** STONE RIDGE TRUST
- **CENTRAL INDEX KEY:** 0001559992

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22761
- **FILM NUMBER:** 251613218

**BUSINESS ADDRESS:**
- **BUSINESS PHONE:** 855-609-3680

**MAIL ADDRESS:**
- **STREET 1:** ONE VANDERBILT AVENUE
- **STREET 2:** 65TH FL.
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Stone Ridge Trust
- **DATE OF NAME CHANGE:** 20121010

## Series and Classes Contracts Data

### Stone Ridge High Yield Reinsurance Risk Premium Fund (Series ID: S000039565)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000122023 | Class I      | SHRIX           |
| C000122024 | Class M      | SHRMX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Stone Ridge Trust

- **b. Investment Company Act file number:** 811-22761

- **c. CIK number of Registrant:** 0001559992

- **d. LEI of Registrant:** 549300MJ41489Q5JST27

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

  - **Street Address 1:** One Vanderbilt Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10017

  - **Telephone number:** 855-609-3680

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

- **a. Name of Series:** Stone Ridge High Yield Reinsurance Risk Premium Fund

- **b. EDGAR series identifier (if any):** S000039565

- **c. LEI of Series:** 549300S91Z6XXFPO9W37

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-10-31

**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:** $3996789620.86

**Total Liabilities:** $31277441.20

**Net Assets:** $3965512179.66

**Delayed Delivery Securities:** $20125705.81

**Cash Not Reported:** $4462724.57

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.000000000000 | **1-Year:** 0.000000000000 | **5-Year:** 0.000000000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

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

- **3-Month:** 0.000000000000 | **1-Year:** 0.000000000000 | **5-Year:** 0.000000000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000122023 | 2.12%                | 2.50%                | 1.21%                |
| Class ID C000122024 | 2.11%                | 2.45%                | 1.21%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-523.85                 | $51087376.89                               |
| Month 2  | $-1408384.15             | $70265667.88                               |
| Month 3  | $4349067.92              | $12830289.48                               |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Tomoni Re Pte. Ltd.                                 | Tomoni Re Pte 2022-1 Class A-1              | CUSIP: 89009PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |   4678000 | PA      | $4684315.30   | 0.12%             | 2026-04-07      | Floating      | 6.03%                 | Yes           |                  2 | On Loan: No      |
| Tomoni Re Pte. Ltd.                                 | Tomoni Re Pte 2024-1 Class A                | CUSIP: 89009PAE8<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |   8062000 | PA      | $8170030.80   | 0.21%             | 2028-04-05      | Floating      | 7.15%                 | Yes           |                  2 | On Loan: No      |
| Vitality Re XIII Limited                            | Vitality Re XIII 2022 Class B               | CUSIP: 92849MAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   5635000 | PA      | $5635845.25   | 0.14%             | 2026-01-06      | Floating      | 6.65%                 | Yes           |                  2 | On Loan: No      |
| London Bridge 2 PCC Limited                         | Vision 2039 2025-1 Class A                  | CUSIP: YQ2208250<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |  13884000 | PA      | $18077963.51  | 0.46%             | 2028-04-06      | Floating      | 9.70%                 | Yes           |                  2 | On Loan: No      |
| Gateway Re Ltd.                                     | Gateway Re 2025-1 Class A                   | CUSIP: 36779CAQ9<br>LEI: 549300ZYFWQV9RCIN520 | Long             | DBT              | CORP              | BM        |   3457000 | PA      | $3680840.75   | 0.09%             | 2028-07-07      | Floating      | 14.44%                | Yes           |                  2 | On Loan: No      |
| Long Walk Reinsurance Ltd.                          | Long Walk Re 2024-1 Class A                 | CUSIP: 54289CAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   3158000 | PA      | $3188158.90   | 0.08%             | 2026-01-30      | Floating      | 14.14%                | Yes           |                  2 | On Loan: No      |
| Matterhorn Re Ltd.                                  | Matterhorn Re SR2021-1 Class A              | CUSIP: 577092AN9<br>LEI: 549300QRZ77PO1BYWT39 | Long             | DBT              | CORP              | BM        |  12920000 | PA      | $12943256.00  | 0.33%             | 2025-12-08      | Floating      | 9.79%                 | Yes           |                  2 | On Loan: No      |
| Matterhorn Re Ltd.                                  | Matterhorn Re 2025-1 Class B                | CUSIP: 577092AX7<br>LEI: 549300QRZ77PO1BYWT39 | Long             | DBT              | CORP              | BM        |   5914000 | PA      | $6106205.00   | 0.15%             | 2028-02-04      | Floating      | 16.15%                | Yes           |                  2 | On Loan: No      |
| Mayflower Re Ltd.                                   | Mayflower Re 2023-1 Class B                 | CUSIP: 57839MAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  19779000 | PA      | $20475220.80  | 0.52%             | 2026-07-08      | Floating      | 10.41%                | Yes           |                  2 | On Loan: No      |
| Mona Lisa Re Ltd.                                   | Mona Lisa Re 2025-1 Class B                 | CUSIP: 608800AK4<br>LEI: 549300R6SO6XBFDC7M25 | Long             | DBT              | CORP              | BM        |   9129000 | PA      | $9412911.90   | 0.24%             | 2028-01-07      | Floating      | 14.40%                | Yes           |                  2 | On Loan: No      |
| Mountain Re Ltd.                                    | Mountain Re 2023-1 Class A                  | CUSIP: 62426LAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   7804000 | PA      | $8052947.60   | 0.20%             | 2026-06-05      | Floating      | 10.64%                | Yes           |                  2 | On Loan: No      |
| Nakama Re Pte. Ltd.                                 | Nakama Re Pte. 2021-1 Class 2               | CUSIP: 62984JAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |   9754000 | PA      | $9806671.60   | 0.25%             | 2026-10-13      | Floating      | 6.70%                 | Yes           |                  2 | On Loan: No      |
| Ocelot Re Ltd.                                      | Ocelot Re 2025-1 Class B                    | CUSIP: 675951AC1<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   2812000 | PA      | $2932494.20   | 0.07%             | 2029-02-26      | Floating      | 10.20%                | Yes           |                  2 | On Loan: No      |
| Pelican IV Re Ltd.                                  | Pelican IV Re 2021-1 Class B                | CUSIP: 705809AD3<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   2402859 | PA      | $12134.44     | 0.00%             | 2027-05-07      | Floating      | 4.04%                 | Yes           |                  3 | On Loan: No      |
| Purple Re Ltd.                                      | Purple Re 2024-1 Class A                    | CUSIP: 74639NAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  26698000 | PA      | $28477421.70  | 0.72%             | 2027-06-07      | Floating      | 13.07%                | Yes           |                  2 | On Loan: No      |
| Sanders Re III Ltd.                                 | Sanders Re III 2023-1 Class B               | CUSIP: 80001QAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   3954000 | PA      | $4105042.80   | 0.10%             | 2027-04-07      | Floating      | 19.74%                | Yes           |                  2 | On Loan: No      |
| Tomoni Re Pte. Ltd.                                 | Tomoni Re Pte 2022-1 Class B-1              | CUSIP: 89009PAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |   3000000 | PA      | $3013200.00   | 0.08%             | 2026-04-07      | Floating      | 6.72%                 | Yes           |                  2 | On Loan: No      |
| Torrey Pines Re Ltd                                 | Torrey Pines Re 2023-1 Class A              | CUSIP: 89141WAF9<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   8393000 | PA      | $8497492.85   | 0.21%             | 2026-06-05      | Floating      | 9.21%                 | Yes           |                  2 | On Loan: No      |
| Torrey Pines Re Ltd                                 | Torrey Pines Re 2024-1 Class C              | CUSIP: 89141WAK8<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   7541000 | PA      | $7647328.10   | 0.19%             | 2026-06-05      | Floating      | 13.28%                | Yes           |                  2 | On Loan: No      |
| Torrey Pines Re Ltd                                 | Torrey Pines Re 2025-1 Class C              | CUSIP: 89141WAN2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  12288000 | PA      | $12519628.80  | 0.32%             | 2028-06-07      | Floating      | 10.40%                | Yes           |                  2 | On Loan: No      |
| Ursa Re II Ltd.                                     | Ursa Re II 2022-2 Class AA                  | CUSIP: 91734PAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   2419000 | PA      | $2425652.25   | 0.06%             | 2025-12-06      | Floating      | 10.90%                | Yes           |                  2 | On Loan: No      |
| Ursa Re II Ltd.                                     | Ursa Re II 2022-2 Class C                   | CUSIP: 91734PAG1<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   4363000 | PA      | $4382633.50   | 0.11%             | 2025-12-06      | Floating      | 14.15%                | Yes           |                  2 | On Loan: No      |
| Ursa Re II Ltd.                                     | Ursa Re II 2025-1 Class G                   | CUSIP: 91734PAH9<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  42161000 | PA      | $42652175.65  | 1.08%             | 2028-06-07      | Floating      | 12.90%                | Yes           |                  2 | On Loan: No      |
| Thopas Re Ltd. Segregated Account 2024-2 (S)        | Thopas Re Ltd. 2024-2 (S)                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | BM        |    151344 | NS      | $19645986.56  | 0.50%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Trouvaille Re Ltd.                                  | Trouvaille Re Ltd.                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | BM        |        60 | NS      | $16106549.57  | 0.41%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Totara Re Pte. Ltd.                                 | Totara Re Pte. 2023-1                       | CUSIP: 000000000<br>LEI: 984500B2A09D0F655059 | Long             | DBT              | CORP              | SG        |  16525000 | PA      | $9697086.25   | 0.24%             | 2027-06-08      | Fixed         | 13.38%                | Yes           |                  2 | On Loan: No      |
| Alamo Re Ltd.                                       | Alamo Re 2024-1 Class A                     | CUSIP: 011395AN0<br>LEI: 5493003E22VRD25G0S03 | Long             | DBT              | CORP              | BM        |  49116000 | PA      | $51864040.20  | 1.31%             | 2027-06-07      | Floating      | 10.44%                | Yes           |                  2 | On Loan: No      |
| Alamo Re Ltd.                                       | Alamo Re 2024-1 Class B                     | CUSIP: 011395AP5<br>LEI: 5493003E22VRD25G0S03 | Long             | DBT              | CORP              | BM        |  53856000 | PA      | $57792873.60  | 1.46%             | 2027-06-07      | Floating      | 12.33%                | Yes           |                  2 | On Loan: No      |
| Aquila Re I Ltd.                                    | Aquila Re I 2023-1 Class C-1                | CUSIP: 03843AAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  14903000 | PA      | $15555751.40  | 0.39%             | 2026-06-08      | Floating      | 12.73%                | Yes           |                  2 | On Loan: No      |
| Ashera Re Ltd.                                      | Ashera Re 2024-1 Class A                    | CUSIP: 04401RAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   5986000 | PA      | $6168273.70   | 0.16%             | 2027-04-07      | Floating      | 9.09%                 | Yes           |                  2 | On Loan: No      |
| Bayou Re Ltd.                                       | Bayou Re 2023-1 Class A                     | CUSIP: 07304LAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   9942000 | PA      | $10388395.80  | 0.26%             | 2026-05-26      | Floating      | 16.29%                | Yes           |                  2 | On Loan: No      |
| Bayou Re Ltd.                                       | Bayou Re 2023-1 Class B                     | CUSIP: 07304LAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   8335000 | PA      | $8890944.50   | 0.22%             | 2026-05-26      | Floating      | 22.94%                | Yes           |                  2 | On Loan: No      |
| Blue Ridge Re Ltd.                                  | Blue Ridge Re 2023-1 Class A                | CUSIP: 096003AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  17448000 | PA      | $18001101.60  | 0.45%             | 2027-01-08      | Floating      | 9.15%                 | Yes           |                  2 | On Loan: No      |
| Bluebonnet Re Ltd.                                  | Bluebonnet Re 2025-1 Class C                | CUSIP: 09610NAC6<br>LEI: 2549007DQLA6K2ACFN15 | Long             | DBT              | CORP              | BM        |   7547000 | PA      | $8143967.70   | 0.21%             | 2028-06-07      | Floating      | 15.65%                | Yes           |                  2 | On Loan: No      |
| Bonanza Re Ltd.                                     | Bonanza Re 2024-1 Class C                   | CUSIP: 09785EAQ4<br>LEI: 5493003F0CXUQ2C83105 | Long             | DBT              | CORP              | BM        |  10729000 | PA      | $11033167.15  | 0.28%             | 2027-12-19      | Floating      | 9.40%                 | Yes           |                  2 | On Loan: No      |
| Cape Lookout Re Ltd.                                | Cape Lookout Re 2023-1 Class A              | CUSIP: 13947LAE2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  25019000 | PA      | $25650729.75  | 0.65%             | 2026-04-28      | Floating      | 11.10%                | Yes           |                  2 | On Loan: No      |
| Citrus Re Ltd.                                      | Citrus Re 2023-1 Class A                    | CUSIP: 177510AL8<br>LEI: 549300VWWT5SE805NK88 | Long             | DBT              | CORP              | BM        |   8321000 | PA      | $8588520.15   | 0.22%             | 2026-06-07      | Floating      | 10.49%                | Yes           |                  2 | On Loan: No      |
| Citrus Re Ltd.                                      | Citrus Re 2023-1 Class B                    | CUSIP: 177510AM6<br>LEI: 549300VWWT5SE805NK88 | Long             | DBT              | CORP              | BM        |   6655000 | PA      | $6924527.50   | 0.17%             | 2026-06-07      | Floating      | 12.65%                | Yes           |                  2 | On Loan: No      |
| Residential Reinsurance 2025 Limited                | Residential Re 2025-I Class 13              | CUSIP: 76091DAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   3565000 | PA      | $3687457.75   | 0.09%             | 2029-06-06      | Floating      | 17.04%                | Yes           |                  2 | On Loan: No      |
| Residential Reinsurance 2025 Limited                | Residential Re 2025-I Class 15              | CUSIP: 76091DAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |  13468000 | PA      | $13833656.20  | 0.35%             | 2029-06-06      | Floating      | 9.79%                 | Yes           |                  2 | On Loan: No      |
| Stabilitas Re Ltd.                                  | Stabilitas Re 2023-1 Class A                | CUSIP: 85237TAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   8399000 | PA      | $8656429.35   | 0.22%             | 2026-06-05      | Floating      | 12.38%                | Yes           |                  2 | On Loan: No      |
| Genesee Street Re Ltd.                              | Genesee Street Re 2025-1 Class A            | CUSIP: 37173WAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  10306000 | PA      | $10442039.20  | 0.26%             | 2028-04-07      | Floating      | 7.19%                 | Yes           |                  2 | On Loan: No      |
| Hestia Re Ltd.                                      | Hestia Re 2025-1 Class B                    | CUSIP: 42815KAD4<br>LEI: 549300QRKQ1ZKOXEMZ38 | Long             | DBT              | CORP              | BM        |   7339000 | PA      | $7585223.45   | 0.19%             | 2028-03-13      | Floating      | 12.15%                | Yes           |                  2 | On Loan: No      |
| Hypatia Ltd.                                        | Hypatia Ltd. 2023-1 Class A                 | CUSIP: 44914CAC0<br>LEI: 98450041F85DB4C2C372 | Long             | DBT              | CORP              | BM        |   2761000 | PA      | $2837893.85   | 0.07%             | 2026-04-08      | Floating      | 14.40%                | Yes           |                  2 | On Loan: No      |
| Integrity Re Ltd                                    | Integrity Re 2022-1 Class A                 | CUSIP: 45833UAF8<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   3693465 | PA      | $1385049.46   | 0.03%             | 2030-06-06      | Floating      | 4.40%                 | Yes           |                  3 | On Loan: No      |
| Integrity Re Ltd                                    | Integrity Re 2024-1 Class B                 | CUSIP: 45833UAK7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   3254000 | PA      | $3461442.50   | 0.09%             | 2026-06-06      | Floating      | 17.22%                | Yes           |                  2 | On Loan: No      |
| Integrity Re Ltd                                    | Integrity Re 2024-1 Class C                 | CUSIP: 45833UAL5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   5694000 | PA      | $6148096.50   | 0.16%             | 2026-06-06      | Floating      | 21.13%                | Yes           |                  2 | On Loan: No      |
| Sanders Re II Ltd.                                  | Sanders Re II 2025-1 Class B-1              | CUSIP: 80001TAC1<br>LEI: 254900VRQU0N0MF3CT92 | Long             | DBT              | CORP              | BM        |   8577000 | PA      | $8829163.80   | 0.22%             | 2028-04-07      | Floating      | 8.40%                 | Yes           |                  2 | On Loan: No      |
| Titania Re Ltd.                                     | Titania Re 2024-1 Class A                   | CUSIP: 888329AE9<br>LEI: 5493008E73M6FH2NSB56 | Long             | DBT              | CORP              | BM        |   7603000 | PA      | $7816644.30   | 0.20%             | 2027-11-26      | Floating      | 10.15%                | Yes           |                  2 | On Loan: No      |
| Titania Re Ltd.                                     | Titania Re 2024-1 Class B                   | CUSIP: 888329AF6<br>LEI: 5493008E73M6FH2NSB56 | Long             | DBT              | CORP              | BM        |   7192000 | PA      | $7455227.20   | 0.19%             | 2027-11-26      | Floating      | 13.40%                | Yes           |                  2 | On Loan: No      |
| Veraison Re Ltd.                                    | Veraison Re 2023-1 Class A                  | CUSIP: 92335TAA7<br>LEI: 2549007WYB39A966J434 | Long             | DBT              | CORP              | BM        |   4854000 | PA      | $4917102.00   | 0.12%             | 2026-03-09      | Variable      | 10.65%                | Yes           |                  2 | On Loan: No      |
| Vitality Re XVI Limited                             | Vitality Re XVI 2025 Class B                | CUSIP: 92849FAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   1750000 | PA      | $1750350.00   | 0.04%             | 2029-01-08      | Floating      | 6.15%                 | Yes           |                  2 | On Loan: No      |
| Vitality Re XIV Limited                             | Vitality Re XIV 2023 Class B                | CUSIP: 92851QAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   2416000 | PA      | $2446200.00   | 0.06%             | 2027-01-05      | Floating      | 8.40%                 | Yes           |                  2 | On Loan: No      |
| Taranis Reinsurance DAC                             | Taranis Re DAC 2023-1 Class A               | CUSIP: 000000000<br>LEI: 635400FQ9HHTLYKADZ22 | Long             | DBT              | CORP              | IE        |   2384000 | PA      | $2805061.49   | 0.07%             | 2028-01-21      | Floating      | 11.00%                | Yes           |                  2 | On Loan: No      |
| Everglades Re II Ltd.                               | Everglades Re II 2025-1 Class B             | CUSIP: 30014LAU8<br>LEI: 5493000EE11S6ONK0372 | Long             | DBT              | CORP              | BM        |  26161000 | PA      | $27592006.70  | 0.70%             | 2028-05-19      | Floating      | 13.69%                | Yes           |                  2 | On Loan: No      |
| Four Lakes Re Ltd.                                  | Four Lakes Re 2022-1 Class A                | CUSIP: 35087TAD0<br>LEI: 549300MG4RRU6DT7MN54 | Long             | DBT              | CORP              | BM        |   1313000 | PA      | $1320549.75   | 0.03%             | 2026-01-07      | Floating      | 10.40%                | Yes           |                  2 | On Loan: No      |
| Galileo Re Ltd.                                     | Galileo Re 2023-1 Class A                   | CUSIP: 36354TAN2<br>LEI: 549300MXI75DHMS7JH38 | Long             | DBT              | CORP              | BM        |  11633000 | PA      | $12204761.95  | 0.31%             | 2028-01-07      | Floating      | 10.90%                | Yes           |                  2 | On Loan: No      |
| Gateway Re Ltd.                                     | Gateway Re 2025-1 Class AA                  | CUSIP: 36779CAP1<br>LEI: 549300ZYFWQV9RCIN520 | Long             | DBT              | CORP              | BM        |   9353000 | PA      | $9253390.55   | 0.23%             | 2025-12-22      | Floating      | 3.90%                 | Yes           |                  2 | On Loan: No      |
| Gateway Re Ltd.                                     | Gateway Re 2025-3 Class A                   | CUSIP: 36779CAT3<br>LEI: 549300ZYFWQV9RCIN520 | Long             | DBT              | CORP              | BM        |   1687000 | PA      | $1666840.35   | 0.04%             | 2025-12-22      | Floating      | 3.94%                 | Yes           |                  2 | On Loan: No      |
| Greengrove Re Ltd.                                  | Greengrove Re 2025-1 Class A                | CUSIP: 39526JAA9<br>LEI: 254900WH3CK41D9L7T70 | Long             | DBT              | CORP              | BM        |   5887000 | PA      | $5893475.70   | 0.15%             | 2028-04-07      | Floating      | 11.69%                | Yes           |                  2 | On Loan: No      |
| Integrity Re III Ltd.                               | Integrity Re III 2025-1 Class A-1           | CUSIP: 45870GAA4<br>LEI: 254900VWHVNG2WMBWC74 | Long             | DBT              | CORP              | BM        |   1948000 | PA      | $2033809.40   | 0.05%             | 2027-06-06      | Floating      | 11.94%                | Yes           |                  2 | On Loan: No      |
| Locke Tavern Re Ltd.                                | Locke Tavern Re 2023-1 Class A              | CUSIP: 539694AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  12134000 | PA      | $12271720.90  | 0.31%             | 2026-04-09      | Floating      | 8.86%                 | Yes           |                  2 | On Loan: No      |
| Matterhorn Re Ltd.                                  | Matterhorn Re 2025-1 Class A                | CUSIP: 577092AW9<br>LEI: 549300QRZ77PO1BYWT39 | Long             | DBT              | CORP              | BM        |   3875000 | PA      | $3921500.00   | 0.10%             | 2028-02-04      | Floating      | 10.90%                | Yes           |                  2 | On Loan: No      |
| Mayflower Re Ltd.                                   | Mayflower Re 2023-1 Class A                 | CUSIP: 57839MAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   8009000 | PA      | $8216032.65   | 0.21%             | 2026-07-08      | Floating      | 8.95%                 | Yes           |                  2 | On Loan: No      |
| 3264 Re Ltd.                                        | 3264 Re 2025-1 Class B                      | CUSIP: 88577CAF8<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   6730000 | PA      | $6779465.50   | 0.17%             | 2028-02-07      | Floating      | 6.90%                 | Yes           |                  2 | On Loan: No      |
| Veraison Re Ltd.                                    | Veraison Re 2023-1 Class B                  | CUSIP: 92335TAB5<br>LEI: 2549007WYB39A966J434 | Long             | DBT              | CORP              | BM        |   7885000 | PA      | $8076605.50   | 0.20%             | 2026-03-09      | Variable      | 16.49%                | Yes           |                  2 | On Loan: No      |
| Vita Capital VI Ltd                                 | Vita Capital VI 2021-1 Class B              | CUSIP: 92846DAB2<br>LEI: 549300LLF863700IF088 | Long             | DBT              | CORP              | KY        |   9107000 | PA      | $0.91         | 0.00%             | 2026-01-08      | Floating      | 4.27%                 | Yes           |                  3 | On Loan: No      |
| Vitality Re XV Limited                              | Vitality Re XV 2024 Class B                 | CUSIP: 92847CAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   2615000 | PA      | $2646118.50   | 0.07%             | 2028-01-07      | Floating      | 7.40%                 | Yes           |                  2 | On Loan: No      |
| Vitality Re XVI Limited                             | Vitality Re XVI 2025 Class C                | CUSIP: 92849FAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   2385000 | PA      | $2387862.00   | 0.06%             | 2029-01-08      | Floating      | 7.65%                 | Yes           |                  2 | On Loan: No      |
| Winston Re Ltd                                      | Winston Re 2024-1 Class B                   | CUSIP: 975660AB7<br>LEI: 2549001Q4VX5Y31QFJ88 | Long             | DBT              | CORP              | BM        |   4051000 | PA      | $4359483.65   | 0.11%             | 2027-02-26      | Floating      | 15.59%                | Yes           |                  2 | On Loan: No      |
| Yosemite Re Ltd.                                    | Yosemite Re 2025-1 Class A                  | CUSIP: 98740RAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   6891000 | PA      | $7320309.30   | 0.18%             | 2028-06-07      | Floating      | 11.15%                | Yes           |                  2 | On Loan: No      |
| Hudson Charles (Mt. Logan Re)                       | Hudson Charles 2 (Mt. Logan Re)             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | BM        |     25377 | NS      | $38580170.56  | 0.97%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Lyndhurst (Horseshoe Re)                            | Lyndhurst (Horseshoe Re)                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | BM        |     27200 | NS      | $0.16         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Atlas Capital DAC                                   | Atlas Capital DAC 2023-1 Class A            | CUSIP: 049207AA1<br>LEI: 635400CBPJFGGWD2AH20 | Long             | DBT              | CORP              | IE        |   1000000 | PA      | $1029100.00   | 0.03%             | 2026-06-05      | Floating      | 11.61%                | Yes           |                  2 | On Loan: No      |
| Blue Ridge Re Ltd.                                  | Blue Ridge Re 2023-1 Class B                | CUSIP: 096003AB4<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  21241000 | PA      | $22326415.10  | 0.56%             | 2027-01-08      | Floating      | 11.89%                | Yes           |                  2 | On Loan: No      |
| Bluebonnet Re Ltd.                                  | Bluebonnet Re 2025-2 Class A                | CUSIP: 09610NAD4<br>LEI: 2549007DQLA6K2ACFN15 | Long             | DBT              | CORP              | BM        |  15492000 | PA      | $16627563.60  | 0.42%             | 2027-06-07      | Floating      | 15.90%                | Yes           |                  2 | On Loan: No      |
| Cape Lookout Re Ltd.                                | Cape Lookout Re 2025-1 Class A              | CUSIP: 13947LAG7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  53817000 | PA      | $56421742.80  | 1.42%             | 2028-03-13      | Floating      | 10.80%                | Yes           |                  2 | On Loan: No      |
| Chartwell Re Ltd.                                   | Chartwell Re 2025-1 Class A                 | CUSIP: 16140YAA0<br>LEI: 984500FFT645KFFE6F50 | Long             | DBT              | CORP              | BM        |   9507000 | PA      | $9937667.10   | 0.25%             | 2028-06-07      | Floating      | 9.90%                 | Yes           |                  2 | On Loan: No      |
| Citrus Re Ltd.                                      | Citrus Re 2025-1 Class B                    | CUSIP: 177510AR5<br>LEI: 549300VWWT5SE805NK88 | Long             | DBT              | CORP              | BM        |   5715000 | PA      | $5969889.00   | 0.15%             | 2028-06-07      | Floating      | 8.40%                 | Yes           |                  2 | On Loan: No      |
| Eden Re II Segregated Account 2022-1                | Eden Re II 2022-1 Class A                   | CUSIP: 27955KAA1<br>LEI: 549300LKX8PCP3SC3F42 | Long             | DBT              | CORP              | BM        |    155230 | PA      | $138729.44    | 0.00%             | 2026-03-20      | Fixed         | 0.00%                 | Yes           |                  3 | On Loan: No      |
| Everglades Re II Ltd.                               | Everglades Re II 2025-1 Class C             | CUSIP: 30014LAV6<br>LEI: 5493000EE11S6ONK0372 | Long             | DBT              | CORP              | BM        |  31711000 | PA      | $33570850.15  | 0.85%             | 2028-05-19      | Floating      | 15.19%                | Yes           |                  2 | On Loan: No      |
| First Coast Re IV Ltd.                              | First Coast Re IV 2025-1 Class B            | CUSIP: 31969UAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   2165000 | PA      | $2257012.50   | 0.06%             | 2028-03-10      | Floating      | 11.64%                | Yes           |                  2 | On Loan: No      |
| Galileo Re Ltd.                                     | Galileo Re 2023-1 Class B                   | CUSIP: 36354TAP7<br>LEI: 549300MXI75DHMS7JH38 | Long             | DBT              | CORP              | BM        |   3773000 | PA      | $3805259.15   | 0.10%             | 2026-01-08      | Floating      | 10.90%                | Yes           |                  2 | On Loan: No      |
| Gateway Re II Ltd.                                  | Gateway Re II 2023-1 Class A                | CUSIP: 367927AA8<br>LEI: 5493000ENKV5WXNA8Z86 | Long             | DBT              | CORP              | BM        |   4542000 | PA      | $4656458.40   | 0.12%             | 2026-04-27      | Floating      | 13.51%                | Yes           |                  2 | On Loan: No      |
| Fuchsia 2023-1 (London Bridge 2 PCC Protected Cell) | Fuchsia 2023-1 Class A                      | CUSIP: 54180TAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |   7799000 | PA      | $8174521.85   | 0.21%             | 2027-04-06      | Floating      | 14.19%                | Yes           |                  2 | On Loan: No      |
| Ocelot Re Ltd.                                      | Ocelot Re 2025-1 Class A                    | CUSIP: 675951AB3<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  19116000 | PA      | $19404651.60  | 0.49%             | 2029-02-26      | Floating      | 8.45%                 | Yes           |                  2 | On Loan: No      |
| Residential Reinsurance 2024 Limited                | Residential Re 2024-II Class 2              | CUSIP: 76112AAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   4876000 | PA      | $5257547.00   | 0.13%             | 2028-12-06      | Floating      | 17.45%                | Yes           |                  2 | On Loan: No      |
| Residential Re 2021 Limited                         | Residential Re 2021-I Class 11              | CUSIP: 76114NAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   8094000 | PA      | $405104.70    | 0.01%             | 2028-06-06      | Floating      | 4.54%                 | Yes           |                  3 | On Loan: No      |
| Residential Reinsurance 2022 Limited                | Residential Re 2022-I Class 13              | CUSIP: 76119YAD5<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |  11154000 | PA      | $10401105.00  | 0.26%             | 2026-06-06      | Floating      | 9.62%                 | Yes           |                  2 | On Loan: No      |
| Residential Re 2019 Ltd                             | Residential Re 2019-I Class 12              | CUSIP: 76120FAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    183217 | PA      | $104479.76    | 0.00%             | 2026-06-06      | Floating      | 4.54%                 | Yes           |                  3 | On Loan: No      |
| Residential Reinsurance 2023 Limited                | Residential Re 2023-I Class 13              | CUSIP: 76133XAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  13105000 | PA      | $6880125.00   | 0.17%             | 2027-06-06      | Floating      | 11.54%                | Yes           |                  3 | On Loan: No      |
| Orange Capital Re DAC                               | Orange Capital Re 2023-1 Class A            | CUSIP: 000000000<br>LEI: 635400PXTZAPQFEPH515 | Long             | DBT              | CORP              | IE        |   1957000 | PA      | $2263846.38   | 0.06%             | 2027-01-08      | Floating      | 9.84%                 | Yes           |                  2 | On Loan: No      |
| Quercus Re DAC                                      | Quercus Re DAC                              | CUSIP: 000000000<br>LEI: 635400YNKWICCYBDBC76 | Long             | DBT              | CORP              | IE        |   2685000 | PA      | $3099183.93   | 0.08%             | 2027-07-08      | Floating      | 9.85%                 | Yes           |                  2 | On Loan: No      |
| Residential Reinsurance 2024 Limited                | Residential Re 2024-II Class 3              | CUSIP: 76112AAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |  12293000 | PA      | $12777958.85  | 0.32%             | 2028-12-06      | Floating      | 10.97%                | Yes           |                  2 | On Loan: No      |
| Sakura Re Ltd.                                      | Sakura Re 2022-1 Class A                    | CUSIP: 79381MAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   5224000 | PA      | $5312808.00   | 0.13%             | 2026-01-05      | Floating      | 17.45%                | Yes           |                  2 | On Loan: No      |
| Titania Re Ltd.                                     | Titania Re 2025-1 Class B                   | CUSIP: 888329AH2<br>LEI: 5493008E73M6FH2NSB56 | Long             | DBT              | CORP              | BM        |   2107000 | PA      | $2252488.35   | 0.06%             | 2029-07-09      | Floating      | 20.15%                | Yes           |                  2 | On Loan: No      |
| Vitality Re XV Limited                              | Vitality Re XV 2024 Class A                 | CUSIP: 92847CAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   3822000 | PA      | $3848180.70   | 0.10%             | 2028-01-07      | Floating      | 6.40%                 | Yes           |                  2 | On Loan: No      |
| Baldwin Re Ltd.                                     | Baldwin Re 2025-1 Class A                   | CUSIP: 05826BAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  13925000 | PA      | $14311418.75  | 0.36%             | 2029-07-09      | Floating      | 7.65%                 | Yes           |                  2 | On Loan: No      |
| Black Kite Re Limited                               | Black Kite Re 2025-1 Class A                | CUSIP: 092168AB9<br>LEI: N/A                  | Long             | DBT              | CORP              | HK        |   3234000 | PA      | $3268603.80   | 0.08%             | 2028-05-08      | Floating      | 11.90%                | Yes           |                  2 | On Loan: No      |
| Bridge Street Re Ltd                                | Bridge Street Re 2025-1 Class A             | CUSIP: 10807LAA5<br>LEI: 2549008NKPLMU6X7ID58 | Long             | DBT              | CORP              | BM        |  13052000 | PA      | $13291504.20  | 0.34%             | 2028-01-07      | Floating      | 7.90%                 | Yes           |                  2 | On Loan: No      |
| Chartwell Re Ltd.                                   | Chartwell Re 2025-1 Class B                 | CUSIP: 16140YAB8<br>LEI: 984500FFT645KFFE6F50 | Long             | DBT              | CORP              | BM        |   1500000 | PA      | $1553325.00   | 0.04%             | 2028-06-07      | Floating      | 10.90%                | Yes           |                  2 | On Loan: No      |
| Commonwealth Re Ltd.                                | Commonwealth Re 2023-1 Class A              | CUSIP: 203235AB2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   8289000 | PA      | $8425768.50   | 0.21%             | 2026-07-08      | Floating      | 7.76%                 | Yes           |                  2 | On Loan: No      |
| PoleStar Re Ltd.                                    | PoleStar Re 2024-1 Class A                  | CUSIP: 73110JAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   9224000 | PA      | $9287645.60   | 0.23%             | 2026-01-07      | Floating      | 16.90%                | Yes           |                  2 | On Loan: No      |
| Residential Reinsurance 2024 Limited                | Residential Re 2024-II Class 4              | CUSIP: 76112AAE2<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   9952000 | PA      | $10349582.40  | 0.26%             | 2028-12-06      | Floating      | 9.41%                 | Yes           |                  2 | On Loan: No      |
| Sanders Re II Ltd.                                  | Sanders Re II 2025-2 Class A-1              | CUSIP: 80001AAA6<br>LEI: 254900VRQU0N0MF3CT92 | Long             | DBT              | CORP              | BM        |   4174000 | PA      | $4423813.90   | 0.11%             | 2028-06-07      | Floating      | 11.20%                | Yes           |                  2 | On Loan: No      |
| Sanders Re II Ltd.                                  | Sanders Re II 2021-2 Class B                | CUSIP: 80001MAB8<br>LEI: 254900VRQU0N0MF3CT92 | Long             | DBT              | CORP              | BM        |   1500000 | PA      | $768750.00    | 0.02%             | 2028-04-07      | Floating      | 4.54%                 | Yes           |                  2 | On Loan: No      |
| Phoenix 2 Re Pte. Ltd.                              | Phoenix 2 Re Pte. Ltd. 2022-1 Class A       | CUSIP: 000000000<br>LEI: 254900BAVIFK6NATLK85 | Long             | DBT              | CORP              | SG        |     75000 | PA      | $750.00       | 0.00%             | 2028-01-04      | Fixed         | 0.00%                 | Yes           |                  3 | On Loan: No      |
| Blue Sky Re DAC                                     | Blue Sky Re DAC 2023-1                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   3404000 | PA      | $4027774.36   | 0.10%             | 2027-01-26      | Floating      | 8.23%                 | Yes           |                  2 | On Loan: No      |
| Acorn Re Ltd.                                       | Acorn Re 2023-1 Class A                     | CUSIP: 00485YAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  10616000 | PA      | $10861760.40  | 0.27%             | 2026-11-06      | Floating      | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Alamo Re Ltd.                                       | Alamo Re 2023-1 Class A                     | CUSIP: 011395AJ9<br>LEI: 5493003E22VRD25G0S03 | Long             | DBT              | CORP              | BM        |  18587000 | PA      | $19414121.50  | 0.49%             | 2026-06-07      | Floating      | 12.29%                | Yes           |                  2 | On Loan: No      |
| Alamo Re Ltd.                                       | Alamo Re 2024-1 Class C                     | CUSIP: 011395AQ3<br>LEI: 5493003E22VRD25G0S03 | Long             | DBT              | CORP              | BM        |  43561000 | PA      | $45767364.65  | 1.15%             | 2026-06-07      | Floating      | 15.78%                | Yes           |                  2 | On Loan: No      |
| Aquila Re I Ltd.                                    | Aquila Re I 2023-1 Class A-1                | CUSIP: 03843AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   3485000 | PA      | $3572473.50   | 0.09%             | 2026-06-08      | Floating      | 9.24%                 | Yes           |                  2 | On Loan: No      |
| Armor Re II Ltd.                                    | Armor Re II 2024-2 Class A                  | CUSIP: 04227FAF2<br>LEI: 549300X573KDIHEJL317 | Long             | DBT              | CORP              | BM        |   7651000 | PA      | $8113885.50   | 0.20%             | 2028-01-07      | Floating      | 12.40%                | Yes           |                  2 | On Loan: No      |
| Astro Re Pte. Ltd.                                  | Astro Re 2021-1 Class A                     | CUSIP: 04638WAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |   3183000 | PA      | $1591500.00   | 0.04%             | 2029-07-08      | Floating      | 4.40%                 | Yes           |                  3 | On Loan: No      |
| Charles River Re Ltd.                               | Charles River Re 2024-1 Class A             | CUSIP: 159873AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  11310000 | PA      | $11881720.50  | 0.30%             | 2027-05-10      | Floating      | 11.53%                | Yes           |                  2 | On Loan: No      |
| Claveau Re Ltd.                                     | Claveau Re 2021-1 Class A                   | CUSIP: 182896AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   2697431 | PA      | $0.27         | 0.00%             | 2025-10-08      | Floating      | 3.95%                 | Yes           |                  3 | On Loan: No      |
| Easton Re Pte. Ltd.                                 | Easton Re 2024-1 Class A                    | CUSIP: 27777AAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |    250000 | PA      | $256137.50    | 0.01%             | 2027-01-08      | Floating      | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Eden Re II Segregated Account 2025-1                | Eden Re II 2025-1 Class B                   | CUSIP: 27954JAB3<br>LEI: 549300LKX8PCP3SC3F42 | Long             | DBT              | CORP              | BM        |  35154000 | PA      | $38293125.29  | 0.97%             | 2030-03-19      | Fixed         | 0.00%                 | Yes           |                  3 | On Loan: No      |
| Everglades Re II Ltd.                               | Everglades Re II 2024-1 Class A             | CUSIP: 30014LAM6<br>LEI: 5493000EE11S6ONK0372 | Long             | DBT              | CORP              | BM        |  35048000 | PA      | $37669590.40  | 0.95%             | 2027-05-13      | Floating      | 14.40%                | Yes           |                  2 | On Loan: No      |
| Everglades Re II Ltd.                               | Everglades Re II 2025-1 Class D             | CUSIP: 30014LAW4<br>LEI: 5493000EE11S6ONK0372 | Long             | DBT              | CORP              | BM        |  19026000 | PA      | $20255079.60  | 0.51%             | 2028-05-19      | Floating      | 16.94%                | Yes           |                  2 | On Loan: No      |
| Fidelity Government Portfolio                       | Fidelity Government Portfolio               | CUSIP: 316175108<br>LEI: 549300FQDFZGLUOCWN51 | Long             | STIV             | RF                | US        |  89681078 | NS      | $89681078.46  | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| FloodSmart Re Ltd.                                  | FloodSmart Re 2022-1 Class B                | CUSIP: 33975CAK1<br>LEI: 549300KK1LNVFW95S875 | Long             | DBT              | CORP              | BM        |   1660912 | PA      | $1038069.95   | 0.03%             | 2029-02-26      | Floating      | 4.40%                 | Yes           |                  3 | On Loan: No      |
| FloodSmart Re Ltd.                                  | FloodSmart Re 2023-1 Class A                | CUSIP: 33975CAM7<br>LEI: 549300KK1LNVFW95S875 | Long             | DBT              | CORP              | BM        |  13761000 | PA      | $14124978.45  | 0.36%             | 2026-03-11      | Floating      | 21.10%                | Yes           |                  2 | On Loan: No      |
| FloodSmart Re Ltd.                                  | FloodSmart Re 2024-1 Class A                | CUSIP: 33975CAP0<br>LEI: 549300KK1LNVFW95S875 | Long             | DBT              | CORP              | BM        |  42370000 | PA      | $45225738.00  | 1.14%             | 2027-03-12      | Floating      | 18.30%                | Yes           |                  2 | On Loan: No      |
| Gateway Re Ltd.                                     | Gateway Re 2023-1 Class A                   | CUSIP: 36779CAC0<br>LEI: 549300ZYFWQV9RCIN520 | Long             | DBT              | CORP              | BM        |  13183000 | PA      | $13560692.95  | 0.34%             | 2026-02-24      | Floating      | 17.88%                | Yes           |                  2 | On Loan: No      |
| Gateway Re Ltd.                                     | Gateway Re 2025-1 Class C2                  | CUSIP: 36779CAN6<br>LEI: 549300ZYFWQV9RCIN520 | Long             | DBT              | CORP              | BM        |  20740000 | PA      | $21755223.00  | 0.55%             | 2027-07-07      | Floating      | 13.44%                | Yes           |                  2 | On Loan: No      |
| Kilimanjaro III Re Limited                          | Kilimanjaro III Re 2021-2 Class A-2         | CUSIP: 49407PAH3<br>LEI: 254900T37LD5YQ545V53 | Long             | DBT              | CORP              | BM        |   5968000 | PA      | $6236560.00   | 0.16%             | 2026-04-20      | Floating      | 16.26%                | Yes           |                  2 | On Loan: No      |
| Matterhorn Re Ltd.                                  | Matterhorn Re SR2020-2 Class A              | CUSIP: 577092AD1<br>LEI: 549300QRZ77PO1BYWT39 | Long             | DBT              | CORP              | BM        |   3992556 | PA      | $3194045.11   | 0.08%             | 2027-01-08      | Floating      | 4.00%                 | Yes           |                  3 | On Loan: No      |
| Integrity Re III Ltd.                               | Integrity Re III 2025-1 Class B-2           | CUSIP: 45870GAD8<br>LEI: 254900VWHVNG2WMBWC74 | Long             | DBT              | CORP              | BM        |   3458000 | PA      | $3639372.10   | 0.09%             | 2028-06-06      | Floating      | 13.69%                | Yes           |                  2 | On Loan: No      |
| Northshore Re II Limited                            | Northshore Re II 2025-1 Class A             | CUSIP: 666842AF6<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  12460000 | PA      | $12668082.00  | 0.32%             | 2028-04-07      | Floating      | 8.95%                 | Yes           |                  2 | On Loan: No      |
| 1886 Re Ltd.                                        | 1886 Re 2025-1 Class A                      | CUSIP: 68252UAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   5760000 | PA      | $6033024.00   | 0.15%             | 2029-07-09      | Floating      | 8.40%                 | Yes           |                  2 | On Loan: No      |
| PoleStar Re Ltd.                                    | PoleStar Re 2024-3 Class A                  | CUSIP: 73110JAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  18736000 | PA      | $19313068.80  | 0.49%             | 2028-01-07      | Floating      | 14.64%                | Yes           |                  2 | On Loan: No      |
| Nature Coast Re Ltd.                                | Nature Coast Re 2023-1 Class A              | CUSIP: 63901CAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  11407000 | PA      | $11850161.95  | 0.30%             | 2026-12-07      | Floating      | 14.14%                | Yes           |                  2 | On Loan: No      |
| Palm Re Ltd.                                        | Palm Re 2025-1 Class A                      | CUSIP: 69664FAB4<br>LEI: 984500D3C66DA10DAP11 | Long             | DBT              | CORP              | BM        |  11359000 | PA      | $11983177.05  | 0.30%             | 2028-06-07      | Floating      | 11.69%                | Yes           |                  2 | On Loan: No      |
| Puerto Rico Parametric Re Ltd.                      | Puerto Rico Parametric Re 2024-1 Class A    | CUSIP: 74528TAA2<br>LEI: 254900GJDFHQXGUCMO94 | Long             | DBT              | CORP              | BM        |   3132000 | PA      | $3345289.20   | 0.08%             | 2027-06-07      | Floating      | 12.95%                | Yes           |                  2 | On Loan: No      |
| Purple Re Ltd.                                      | Purple Re 2023-2 Class A                    | CUSIP: 74639NAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   7888000 | PA      | $8272934.40   | 0.21%             | 2026-06-05      | Floating      | 14.53%                | Yes           |                  2 | On Loan: No      |
| Recoletos Re DAC                                    | Recoletos Re DAC 2024-1 Class A             | CUSIP: 755933AA6<br>LEI: 635400FIY9UG8ZHKYH56 | Long             | DBT              | CORP              | IE        |   7030000 | PA      | $7234573.00   | 0.18%             | 2028-01-07      | Floating      | 8.90%                 | Yes           |                  2 | On Loan: No      |
| Residential Reinsurance 2025 Limited                | Residential Re 2025-I Class 14              | CUSIP: 76091DAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   9705000 | PA      | $10027206.00  | 0.25%             | 2029-06-06      | Floating      | 11.79%                | Yes           |                  2 | On Loan: No      |
| Residential Reinsurance 2024 Limited                | Residential Re 2024-I Class 14              | CUSIP: 76091BAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   5160000 | PA      | $5170062.00   | 0.13%             | 2028-06-06      | Floating      | 10.02%                | Yes           |                  2 | On Loan: No      |
| Residential Reinsurance 2025 Limited                | Residential Re 2025-II Class 5              | CUSIP: 76091JAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   5292000 | PA      | $5292000.00   | 0.13%             | 2029-12-06      | Floating      | 7.16%                 | Yes           |                  2 | On Loan: No      |
| Residential Reinsurance 2022 Limited                | Residential Re 2022-I Class 14              | CUSIP: 76119YAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |  12142000 | PA      | $12238528.90  | 0.31%             | 2026-06-06      | Floating      | 8.04%                 | Yes           |                  2 | On Loan: No      |
| Residential Reinsurance 2023 Limited                | Residential Re 2023-I Class 14              | CUSIP: 76133XAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  23567000 | PA      | $24123181.20  | 0.61%             | 2027-06-06      | Floating      | 10.79%                | Yes           |                  2 | On Loan: No      |
| Residential Re 2021 Limited                         | Residential Re 2021-I Class 12              | CUSIP: 76114NAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   9241000 | PA      | $4851525.00   | 0.12%             | 2028-06-06      | Floating      | 4.54%                 | Yes           |                  2 | On Loan: No      |
| Sabine Re Ltd.                                      | Sabine Re 2024-1 Class A                    | CUSIP: 785628AA6<br>LEI: 254900FU1Z2XK88D3602 | Long             | DBT              | CORP              | BM        |   7286000 | PA      | $7667786.40   | 0.19%             | 2027-04-07      | Floating      | 12.20%                | Yes           |                  2 | On Loan: No      |
| Sakura Re Ltd.                                      | Sakura Re 2025-1 Class A                    | CUSIP: 79381MAD6<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   1500000 | PA      | $1502175.00   | 0.04%             | 2029-04-05      | Floating      | 6.70%                 | Yes           |                  2 | On Loan: No      |
| Sanders Re II Ltd.                                  | Sanders Re II 2024-3 Class A                | CUSIP: 80001RAA9<br>LEI: 254900VRQU0N0MF3CT92 | Long             | DBT              | CORP              | BM        |  19466000 | PA      | $19787189.00  | 0.50%             | 2029-04-07      | Floating      | 7.90%                 | Yes           |                  2 | On Loan: No      |
| Sanders Re II Ltd.                                  | Sanders Re II 2025-1 Class A                | CUSIP: 80001TAA5<br>LEI: 254900VRQU0N0MF3CT92 | Long             | DBT              | CORP              | BM        |  14908000 | PA      | $15358221.60  | 0.39%             | 2028-04-07      | Floating      | 7.90%                 | Yes           |                  2 | On Loan: No      |
| Sanders Re II Ltd.                                  | Sanders Re II 2025-1 Class B-2              | CUSIP: 80001TAD9<br>LEI: 254900VRQU0N0MF3CT92 | Long             | DBT              | CORP              | BM        |  25732000 | PA      | $26904092.60  | 0.68%             | 2030-04-08      | Floating      | 8.65%                 | Yes           |                  2 | On Loan: No      |
| Riverfront Re Ltd                                   | Riverfront Re 2025 Class B                  | CUSIP: 76870YAG7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   1250000 | PA      | $1309562.50   | 0.03%             | 2029-01-08      | Floating      | 11.70%                | Yes           |                  2 | On Loan: No      |
| Sector Re V Limited                                 | Sector Re V Series 2023-Dec Class GL-R      | CUSIP: 81369AEN8<br>LEI: 549300QS6XPZQHTCEJ97 | Long             | DBT              | CORP              | BM        |      4920 | PA      | $135054.59    | 0.00%             | 2028-12-01      | Fixed         | 0.00%                 | Yes           |                  3 | On Loan: No      |
| Sector Re V Limited                                 | Sector Re V Series 2024-Apr Class GL-R      | CUSIP: 81369AEQ1<br>LEI: 549300QS6XPZQHTCEJ97 | Long             | DBT              | CORP              | BM        |     21866 | PA      | $858399.22    | 0.02%             | 2028-12-01      | Floating      | 4.39%                 | Yes           |                  3 | On Loan: No      |
| Ursa Re Ltd.                                        | Ursa Re 2023-3 Class AA                     | CUSIP: 90323WAP5<br>LEI: 549300O8X4DWGDJZ6W59 | Long             | DBT              | CORP              | BM        |  21549000 | PA      | $22101731.85  | 0.56%             | 2026-12-07      | Floating      | 9.40%                 | Yes           |                  2 | On Loan: No      |
| Veraison Re Ltd.                                    | Veraison Re 2024-1 Class A                  | CUSIP: 92335TAC3<br>LEI: 2549007WYB39A966J434 | Long             | DBT              | CORP              | BM        |  14142000 | PA      | $14478579.60  | 0.37%             | 2027-03-08      | Floating      | 8.64%                 | Yes           |                  2 | On Loan: No      |
| IBRD                                                | IBRD CAR 131                                | CUSIP: 000000000<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | CORP              | US        |  24812000 | PA      | $24967075.00  | 0.63%             | 2026-03-31      | Floating      | 8.99%                 | Yes           |                  2 | On Loan: No      |
| Sector Re V Limited                                 | Sector Re V Series 2024-Dec Class GL-R      | CUSIP: 81369AES7<br>LEI: 549300QS6XPZQHTCEJ97 | Long             | DBT              | CORP              | BM        |  18461464 | PA      | $23436873.04  | 0.59%             | 2029-12-01      | Fixed         | 0.00%                 | Yes           |                  3 | On Loan: No      |
| Solis Re Ltd.                                       | Solis Re 2025-1 Class A                     | CUSIP: 83423TAA9<br>LEI: 98450059AF1FA0FE4B29 | Long             | DBT              | CORP              | BM        |   6763000 | PA      | $6902655.95   | 0.17%             | 2028-07-07      | Floating      | 7.40%                 | Yes           |                  2 | On Loan: No      |
| 3264 Re Ltd.                                        | 3264 Re 2024-1 Class A                      | CUSIP: 88577CAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   1750000 | PA      | $1856050.00   | 0.05%             | 2027-07-08      | Floating      | 10.90%                | Yes           |                  2 | On Loan: No      |
| 3264 Re Ltd.                                        | 3264 Re 2024-1 Class B                      | CUSIP: 88577CAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   3133000 | PA      | $3456012.30   | 0.09%             | 2027-07-08      | Floating      | 21.90%                | Yes           |                  2 | On Loan: No      |
| 3264 Re Ltd.                                        | 3264 Re 2025-1 Class A                      | CUSIP: 88577CAE1<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   6730000 | PA      | $7085344.00   | 0.18%             | 2028-02-07      | Floating      | 25.15%                | Yes           |                  2 | On Loan: No      |
| Torrey Pines Re Ltd                                 | Torrey Pines Re 2024-1 Class A              | CUSIP: 89141WAH5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  22534000 | PA      | $23470287.70  | 0.59%             | 2027-06-07      | Floating      | 9.94%                 | Yes           |                  2 | On Loan: No      |
| Torrey Pines Re Ltd                                 | Torrey Pines Re 2024-1 Class B              | CUSIP: 89141WAJ1<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  15291000 | PA      | $15789486.60  | 0.40%             | 2027-06-07      | Floating      | 11.01%                | Yes           |                  2 | On Loan: No      |
| Torrey Pines Re Ltd                                 | Torrey Pines Re 2025-1 Class A              | CUSIP: 89141WAL6<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  12288000 | PA      | $12579840.00  | 0.32%             | 2028-06-07      | Floating      | 7.65%                 | Yes           |                  2 | On Loan: No      |
| Torrey Pines Re Ltd                                 | Torrey Pines Re 2025-1 Class B              | CUSIP: 89141WAM4<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  13675000 | PA      | $14075677.50  | 0.35%             | 2028-06-07      | Floating      | 8.40%                 | Yes           |                  2 | On Loan: No      |
| Ursa Re Ltd.                                        | Ursa Re 2023-3 Class D                      | CUSIP: 90323WAQ3<br>LEI: 549300O8X4DWGDJZ6W59 | Long             | DBT              | CORP              | BM        |  25921000 | PA      | $26915070.35  | 0.68%             | 2026-12-07      | Floating      | 12.65%                | Yes           |                  2 | On Loan: No      |
| Winston Re Ltd                                      | Winston Re 2024-1 Class A                   | CUSIP: 975660AA9<br>LEI: 2549001Q4VX5Y31QFJ88 | Long             | DBT              | CORP              | BM        |   9339000 | PA      | $10048297.05  | 0.25%             | 2027-02-26      | Floating      | 14.11%                | Yes           |                  2 | On Loan: No      |
| Arenal (Artex Segregated Account Company)           | Arenal (Artex Segregated Account Company)   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | BM        |    167359 | NS      | $50327049.60  | 1.27%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Rondout (Artex Segregated Account Company)          | Rondout (Artex Segregated Account Company)  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | BM        |    150090 | NS      | $161966906.14 | 4.08%             |  |  |  | Yes           |                  3 | On Loan: No      |
| RR-JP 112125                                        | RR-JP 112125                                | CUSIP: N/A<br>LEI: N/A                        | Short            | RA               | CORP              | US        |  -5000000 | PA      | $-5000000.01  | -0.13%            |  |  |  | No            |                  2 | On Loan: No      |
| Seawall Re Ltd. Segregated Account 2025-B           | Seawall Re Ltd 2025-B                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | BM        |      3134 | NS      | $8648502.68   | 0.22%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Eiffel Re Ltd.                                      | Eiffel Re 2023-1 Class A                    | CUSIP: 000000000<br>LEI: 5493000KHTJQAOS8QP53 | Long             | DBT              | CORP              | BM        |   8510000 | PA      | $9896797.38   | 0.25%             | 2027-01-19      | Floating      | 5.58%                 | Yes           |                  2 | On Loan: No      |
| Azzurro Re II                                       | Azzurro Re II DAC 2024-1 Class A            | CUSIP: 000000000<br>LEI: 635400NZWVDIAI82JP08 | Long             | DBT              | CORP              | IE        |   7431000 | PA      | $8643247.35   | 0.22%             | 2028-04-20      | Floating      | 8.39%                 | Yes           |                  2 | On Loan: No      |
| Acorn Re Ltd.                                       | Acorn Re 2024-1 Class B                     | CUSIP: 00485YAF6<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  22505000 | PA      | $22493747.50  | 0.57%             | 2025-11-07      | Floating      | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Aquila Re I Ltd.                                    | Aquila Re I 2024-1 Class A-1                | CUSIP: 037987AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   5778000 | PA      | $6003342.00   | 0.15%             | 2027-06-07      | Floating      | 9.29%                 | Yes           |                  2 | On Loan: No      |
| Aquila Re I Ltd.                                    | Aquila Re I 2024-1 Class B-1                | CUSIP: 037987AB0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   6972000 | PA      | $7437729.60   | 0.19%             | 2027-06-07      | Floating      | 12.25%                | Yes           |                  2 | On Loan: No      |
| Aquila Re I Ltd.                                    | Aquila Re I 2023-1 Class B-1                | CUSIP: 03843AAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   8077000 | PA      | $8361714.25   | 0.21%             | 2026-06-08      | Floating      | 11.16%                | Yes           |                  2 | On Loan: No      |
| Aragonite Re Ltd.                                   | Aragonite Re 2024-1 Class A                 | CUSIP: 03851YAA7<br>LEI: 254900LF29LPMNPHA287 | Long             | DBT              | CORP              | BM        |   7442000 | PA      | $7695400.10   | 0.19%             | 2027-04-07      | Floating      | 9.35%                 | Yes           |                  2 | On Loan: No      |
| Armor Re II Ltd.                                    | Armor Re II 2024-1 Class A                  | CUSIP: 04227FAE5<br>LEI: 549300X573KDIHEJL317 | Long             | DBT              | CORP              | BM        |  15590000 | PA      | $16882411.00  | 0.43%             | 2027-05-07      | Floating      | 14.10%                | Yes           |                  2 | On Loan: No      |
| Atlas Capital DAC                                   | Atlas Capital DAC 2024-1 Class A            | CUSIP: 049207AB9<br>LEI: 635400CBPJFGGWD2AH20 | Long             | DBT              | CORP              | IE        |   1733000 | PA      | $1927009.35   | 0.05%             | 2027-06-08      | Floating      | 17.85%                | Yes           |                  2 | On Loan: No      |
| Bayou Re Ltd.                                       | Bayou Re 2024-1 Class A                     | CUSIP: 07304LAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  15037000 | PA      | $16037712.35  | 0.40%             | 2027-04-30      | Floating      | 12.23%                | Yes           |                  2 | On Loan: No      |
| Bayou Re Ltd.                                       | Bayou Re 2024-1 Class B                     | CUSIP: 07304LAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   4958000 | PA      | $5548497.80   | 0.14%             | 2027-04-30      | Floating      | 21.82%                | Yes           |                  2 | On Loan: No      |
| Bayou Re Ltd.                                       | Bayou Re 2025-1 Class A                     | CUSIP: 07304LAE1<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  13371000 | PA      | $13606329.60  | 0.34%             | 2028-05-08      | Floating      | 10.90%                | Yes           |                  2 | On Loan: No      |
| Bluebonnet Re Ltd.                                  | Bluebonnet Re 2025-1 Class A                | CUSIP: 09610NAA0<br>LEI: 2549007DQLA6K2ACFN15 | Long             | DBT              | CORP              | BM        |   2743000 | PA      | $2894139.30   | 0.07%             | 2028-06-07      | Floating      | 9.65%                 | Yes           |                  2 | On Loan: No      |
| Bluebonnet Re Ltd.                                  | Bluebonnet Re 2025-1 Class B                | CUSIP: 09610NAB8<br>LEI: 2549007DQLA6K2ACFN15 | Long             | DBT              | CORP              | BM        |   9335000 | PA      | $9940841.50   | 0.25%             | 2028-06-07      | Floating      | 12.40%                | Yes           |                  2 | On Loan: No      |
| Bonanza Re Ltd.                                     | Bonanza Re 2024-1 Class A                   | CUSIP: 09785EAN1<br>LEI: 5493003F0CXUQ2C83105 | Long             | DBT              | CORP              | BM        |   3516000 | PA      | $3470116.20   | 0.09%             | 2026-01-08      | Floating      | 3.86%                 | Yes           |                  2 | On Loan: No      |
| Bonanza Re Ltd.                                     | Bonanza Re 2024-1 Class B                   | CUSIP: 09785EAP6<br>LEI: 5493003F0CXUQ2C83105 | Long             | DBT              | CORP              | BM        |   2859000 | PA      | $2887875.90   | 0.07%             | 2027-12-19      | Floating      | 7.65%                 | Yes           |                  2 | On Loan: No      |
| Cape Lookout Re Ltd.                                | Cape Lookout Re 2024-1 Class A              | CUSIP: 13947LAF9<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  47978000 | PA      | $50043452.90  | 1.26%             | 2027-04-05      | Floating      | 12.60%                | Yes           |                  2 | On Loan: No      |
| Citrus Re Ltd.                                      | Citrus Re 2024-1 Class A                    | CUSIP: 177510AN4<br>LEI: 549300VWWT5SE805NK88 | Long             | DBT              | CORP              | BM        |   3105000 | PA      | $3292852.50   | 0.08%             | 2027-06-07      | Floating      | 13.09%                | Yes           |                  2 | On Loan: No      |
| Citrus Re Ltd.                                      | Citrus Re 2024-1 Class B                    | CUSIP: 177510AP9<br>LEI: 549300VWWT5SE805NK88 | Long             | DBT              | CORP              | BM        |   5980000 | PA      | $6418633.00   | 0.16%             | 2027-06-07      | Floating      | 14.34%                | Yes           |                  2 | On Loan: No      |
| Citrus Re Ltd.                                      | Citrus Re 2025-1 Class A                    | CUSIP: 177510AQ7<br>LEI: 549300VWWT5SE805NK88 | Long             | DBT              | CORP              | BM        |   6735000 | PA      | $6951530.25   | 0.18%             | 2028-06-07      | Floating      | 11.65%                | Yes           |                  2 | On Loan: No      |
| Commonwealth Re Ltd.                                | Commonwealth Re 2025-1 Class A              | CUSIP: 203235AC0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  12536000 | PA      | $12816179.60  | 0.32%             | 2028-07-10      | Floating      | 7.65%                 | Yes           |                  2 | On Loan: No      |
| East Lane Re VII Ltd.                               | East Lane Re VII 2024-1 Class A             | CUSIP: 27332EAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   6031000 | PA      | $6099753.40   | 0.15%             | 2026-03-31      | Floating      | 12.79%                | Yes           |                  2 | On Loan: No      |
| Eden Re II Segregated Account 2024-1                | Eden Re II 2024-1 Class B                   | CUSIP: 27954UAB8<br>LEI: 549300LKX8PCP3SC3F42 | Long             | DBT              | CORP              | BM        |     91358 | PA      | $2358635.98   | 0.06%             | 2028-03-17      | Fixed         | 0.00%                 | Yes           |                  3 | On Loan: No      |
| Eden Re II Segregated Account 2022-1                | Eden Re II 2022-1 Class B                   | CUSIP: 27955KAB9<br>LEI: 549300LKX8PCP3SC3F42 | Long             | DBT              | CORP              | BM        |    141804 | PA      | $286764.43    | 0.01%             | 2026-03-20      | Fixed         | 0.00%                 | Yes           |                  3 | On Loan: No      |
| Everglades Re II Ltd.                               | Everglades Re II 2024-1 Class B             | CUSIP: 30014LAN4<br>LEI: 5493000EE11S6ONK0372 | Long             | DBT              | CORP              | BM        |  36978000 | PA      | $39692185.20  | 1.00%             | 2027-05-13      | Floating      | 15.40%                | Yes           |                  2 | On Loan: No      |
| Everglades Re II Ltd.                               | Everglades Re II 2024-1 Class C             | CUSIP: 30014LAP9<br>LEI: 5493000EE11S6ONK0372 | Long             | DBT              | CORP              | BM        |  24434000 | PA      | $26322748.20  | 0.66%             | 2027-05-13      | Floating      | 16.65%                | Yes           |                  2 | On Loan: No      |
| Everglades Re II Ltd.                               | Everglades Re II 2025-1 Class A             | CUSIP: 30014LAT1<br>LEI: 5493000EE11S6ONK0372 | Long             | DBT              | CORP              | BM        |  28540000 | PA      | $30129678.00  | 0.76%             | 2028-05-19      | Floating      | 12.69%                | Yes           |                  2 | On Loan: No      |
| Finca Re Ltd                                        | Finca Re 2025-1 Class A                     | CUSIP: 31771QAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   3168000 | PA      | $3280939.20   | 0.08%             | 2028-06-07      | Floating      | 9.39%                 | Yes           |                  2 | On Loan: No      |
| Fish Pond Re Ltd.                                   | Fish Pond Re 2024-1 Class A                 | CUSIP: 33774EAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   8722000 | PA      | $8910831.30   | 0.22%             | 2027-01-08      | Floating      | 7.92%                 | Yes           |                  2 | On Loan: No      |
| FloodSmart Re Ltd.                                  | FloodSmart Re 2024-1 Class B                | CUSIP: 33975CAQ8<br>LEI: 549300KK1LNVFW95S875 | Long             | DBT              | CORP              | BM        |  10727000 | PA      | $11201133.40  | 0.28%             | 2027-03-12      | Floating      | 21.57%                | Yes           |                  2 | On Loan: No      |
| Frontline Re Ltd                                    | Frontline 2018-1 Class A                    | CUSIP: 35922QAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    203937 | PA      | $86816.01     | 0.00%             | 2026-07-06      | Floating      | 4.00%                 | Yes           |                  3 | On Loan: No      |
| Gateway Re Ltd.                                     | Gateway Re 2024-1 Class AA                  | CUSIP: 36779CAG1<br>LEI: 549300ZYFWQV9RCIN520 | Long             | DBT              | CORP              | BM        |   9464000 | PA      | $9815587.60   | 0.25%             | 2027-07-08      | Floating      | 9.84%                 | Yes           |                  2 | On Loan: No      |
| Gateway Re Ltd.                                     | Gateway Re 2025-1 Class AAA                 | CUSIP: 36779CAM8<br>LEI: 549300ZYFWQV9RCIN520 | Long             | DBT              | CORP              | BM        |   5693000 | PA      | $5773555.95   | 0.15%             | 2028-07-07      | Floating      | 8.19%                 | Yes           |                  2 | On Loan: No      |
| Integrity Re III Ltd.                               | Integrity Re III 2025-1 Class B-1           | CUSIP: 45870GAC0<br>LEI: 254900VWHVNG2WMBWC74 | Long             | DBT              | CORP              | BM        |   1500000 | PA      | $1579500.00   | 0.04%             | 2027-06-06      | Floating      | 13.69%                | Yes           |                  2 | On Loan: No      |
| Kilimanjaro III Re Limited                          | Kilimanjaro III Re 2021-2 Class C-2         | CUSIP: 49407PAK6<br>LEI: 254900T37LD5YQ545V53 | Long             | DBT              | CORP              | BM        |   2431000 | PA      | $2452879.00   | 0.06%             | 2026-04-20      | Floating      | 8.46%                 | Yes           |                  2 | On Loan: No      |
| Liongate Re DAC                                     | Liongate Re DAC                             | CUSIP: 53625HAA4<br>LEI: 635400XWDC4YQUGGO620 | Long             | DBT              | CORP              | IE        |   2532000 | PA      | $2539722.60   | 0.06%             | 2028-04-25      | Floating      | 7.74%                 | Yes           |                  2 | On Loan: No      |
| Luca Re Ltd.                                        | Luca Re 2025-1 Class A                      | CUSIP: 54930CAA3<br>LEI: 2549001YET1TWKCC6Y26 | Long             | DBT              | CORP              | BM        |   2319000 | PA      | $2315753.40   | 0.06%             | 2028-07-22      | Floating      | 11.20%                | Yes           |                  2 | On Loan: No      |
| Maschpark Re Ltd.                                   | Maschpark Re 2024-1 Class A                 | CUSIP: 574591AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   2412000 | PA      | $2483154.00   | 0.06%             | 2028-01-10      | Floating      | 7.40%                 | Yes           |                  2 | On Loan: No      |
| Mayflower Re Ltd.                                   | Mayflower Re 2025-1 Class A                 | CUSIP: 57839MAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  15900000 | PA      | $16263315.00  | 0.41%             | 2028-07-07      | Floating      | 7.44%                 | Yes           |                  2 | On Loan: No      |
| Merna Re II Ltd                                     | Merna Re II 2023-1 Class A                  | CUSIP: 59013MAH5<br>LEI: 549300478X5RX87PYX60 | Long             | DBT              | CORP              | BM        |  10084000 | PA      | $10541309.40  | 0.27%             | 2026-07-07      | Floating      | 11.65%                | Yes           |                  2 | On Loan: No      |
| Merna Re II Ltd                                     | Merna Re II 2023-2 Class A                  | CUSIP: 59013MAJ1<br>LEI: 549300478X5RX87PYX60 | Long             | DBT              | CORP              | BM        |  10600000 | PA      | $11234410.00  | 0.28%             | 2026-07-07      | Floating      | 14.27%                | Yes           |                  2 | On Loan: No      |
| Merna Re II Ltd                                     | Merna Re II 2024-2 Class A                  | CUSIP: 59013MAL6<br>LEI: 549300478X5RX87PYX60 | Long             | DBT              | CORP              | BM        |  20332000 | PA      | $21604783.20  | 0.54%             | 2027-07-07      | Floating      | 12.65%                | Yes           |                  2 | On Loan: No      |
| Merna Re II Ltd                                     | Merna Re II 2024-3 Class A                  | CUSIP: 59013MAM4<br>LEI: 549300478X5RX87PYX60 | Long             | DBT              | CORP              | BM        |  34846000 | PA      | $36454142.90  | 0.92%             | 2027-07-07      | Floating      | 12.40%                | Yes           |                  2 | On Loan: No      |
| Merna Re II Ltd                                     | Merna Re II 2025-1 Class A                  | CUSIP: 59013MAN2<br>LEI: 549300478X5RX87PYX60 | Long             | DBT              | CORP              | BM        |   7348000 | PA      | $7674251.20   | 0.19%             | 2028-07-07      | Floating      | 11.70%                | Yes           |                  2 | On Loan: No      |
| Mona Lisa Re Ltd.                                   | Mona Lisa Re 2025-1 Class A                 | CUSIP: 608800AJ7<br>LEI: 549300R6SO6XBFDC7M25 | Long             | DBT              | CORP              | BM        |   8733000 | PA      | $8994116.70   | 0.23%             | 2029-01-08      | Floating      | 11.90%                | Yes           |                  2 | On Loan: No      |
| Montoya Re Ltd.                                     | Montoya Re 2022-2 Class A                   | CUSIP: 613752AB0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   5453000 | PA      | $5706019.20   | 0.14%             | 2026-04-07      | Floating      | 17.30%                | Yes           |                  2 | On Loan: No      |
| Montoya Re Ltd.                                     | Montoya Re 2025-1 Class A                   | CUSIP: 613752AD6<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   1735000 | PA      | $1763801.00   | 0.04%             | 2028-04-07      | Floating      | 9.65%                 | Yes           |                  2 | On Loan: No      |
| MSILF Government Portfolio                          | MSILF Government Portfolio                  | CUSIP: 61747C707<br>LEI: 549300BI6Y5SI6BYPB26 | Long             | STIV             | RF                | US        |  89681078 | NS      | $89681078.46  | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Mystic Re IV Ltd.                                   | Mystic Re IV 2025-1 Class C                 | CUSIP: 62865LAH0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   9538000 | PA      | $8345750.00   | 0.21%             | 2028-01-10      | Floating      | 17.90%                | Yes           |                  2 | On Loan: No      |
| Nakama Re Ltd.                                      | Nakama Re 2023-1 Class 2                    | CUSIP: 62983QAP8<br>LEI: 2549003ZFVVVVKMRJ633 | Long             | DBT              | CORP              | BM        |   6781000 | PA      | $7065802.00   | 0.18%             | 2028-05-09      | Floating      | 7.99%                 | Yes           |                  2 | On Loan: No      |
| Nakama Re Pte. Ltd.                                 | Nakama Re Pte. 2021-1 Class 1               | CUSIP: 62984JAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |  22838000 | PA      | $22841425.70  | 0.58%             | 2026-10-13      | Floating      | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Nakama Re Ltd.                                      | Nakama Re 2025-1 Class 1                    | CUSIP: 62984JAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |   3650000 | PA      | $3684127.50   | 0.09%             | 2030-04-23      | Floating      | 6.05%                 | Yes           |                  2 | On Loan: No      |
| Nature Coast Re Ltd.                                | Nature Coast Re 2025-2 Class A              | CUSIP: 63901CAE1<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   5273000 | PA      | $5549568.85   | 0.14%             | 2029-04-10      | Floating      | 13.70%                | Yes           |                  2 | On Loan: No      |
| Sanders Re III Ltd.                                 | Sanders Re III 2024-1 Class A               | CUSIP: 799927AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  16206000 | PA      | $17106243.30  | 0.43%             | 2028-04-07      | Floating      | 9.46%                 | Yes           |                  2 | On Loan: No      |
| Sutter Re Ltd.                                      | Sutter Re 2023-1 Class E                    | CUSIP: 86944RAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  17321000 | PA      | $17754025.00  | 0.45%             | 2026-06-19      | Floating      | 13.65%                | Yes           |                  2 | On Loan: No      |
| Tomoni Re Pte. Ltd.                                 | Tomoni Re Pte 2024-1 Class B                | CUSIP: 89009PAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |   9729000 | PA      | $9967846.95   | 0.25%             | 2028-04-05      | Floating      | 7.90%                 | Yes           |                  2 | On Loan: No      |
| Veraison Re Ltd.                                    | Veraison Re 2025-1 Class A                  | CUSIP: 92335TAD1<br>LEI: 2549007WYB39A966J434 | Long             | DBT              | CORP              | BM        |  26769000 | PA      | $26861353.05  | 0.68%             | 2028-03-08      | Floating      | 7.40%                 | Yes           |                  2 | On Loan: No      |
| Madison (Artex Segregated Account Company)          | Madison (Artex Segregated Account Company)  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | BM        |      5011 | NS      | $1227649.19   | 0.03%             |  |  |  | Yes           |                  3 | On Loan: No      |
| King Max Re DAC                                     | King Max Re DAC                             | CUSIP: 000000000<br>LEI: 635400D6MW4WMVI42S36 | Long             | DBT              | CORP              | IE        |   7406000 | PA      | $8592827.78   | 0.22%             | 2027-01-06      | Variable      | 7.43%                 | Yes           |                  2 | On Loan: No      |
| IBRD                                                | IBRD CAR 132 Class A                        | CUSIP: 000000000<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | CORP              | US        |  20958000 | PA      | $21424315.50  | 0.54%             | 2028-04-24      | Floating      | 7.90%                 | Yes           |                  2 | On Loan: No      |
| MMIFS Re Ltd.                                       | MMIFS Re 2025-1 Class A                     | CUSIP: 000000000<br>LEI: 254900C86PCL10JRTQ88 | Long             | DBT              | CORP              | BM        |  12120000 | PA      | $8654797.33   | 0.22%             | 2028-01-10      | Floating      | 5.42%                 | Yes           |                  2 | On Loan: No      |
| Baltic PCC Ltd                                      | Baltic PCC 2025-1 Class A                   | CUSIP: 000000000<br>LEI: 549300GX6EH3ZRCQFX14 | Long             | DBT              | CORP              | GB        |   7494000 | PA      | $9844852.27   | 0.25%             | 2028-04-06      | Floating      | 9.85%                 | Yes           |                  2 | On Loan: No      |
| Integrity Re III Ltd.                               | Integrity Re III 2025-1 Class A-2           | CUSIP: 45870GAB2<br>LEI: 254900VWHVNG2WMBWC74 | Long             | DBT              | CORP              | BM        |   4272000 | PA      | $4461249.60   | 0.11%             | 2028-06-06      | Floating      | 11.94%                | Yes           |                  2 | On Loan: No      |
| Kilimanjaro III Re Limited                          | Kilimanjaro III Re 2021-2 Class B-2         | CUSIP: 49407PAJ9<br>LEI: 254900T37LD5YQ545V53 | Long             | DBT              | CORP              | BM        |   2652000 | PA      | $2678520.00   | 0.07%             | 2026-04-20      | Floating      | 8.76%                 | Yes           |                  2 | On Loan: No      |
| Kilimanjaro II Re Limited                           | Kilimanjaro II Re 2025-1 Class B-1          | CUSIP: 49407QAK4<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   1000000 | PA      | $1050500.00   | 0.03%             | 2029-07-09      | Floating      | 10.19%                | Yes           |                  2 | On Loan: No      |
| Kilimanjaro II Re Limited                           | Kilimanjaro II Re 2025-2 Class B-2          | CUSIP: 49407QAP3<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   1000000 | PA      | $1058950.00   | 0.03%             | 2030-07-08      | Floating      | 10.19%                | Yes           |                  2 | On Loan: No      |
| Lightning Re Ltd.                                   | Lightning Re 2023-1 Class A                 | CUSIP: 532242AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  49758000 | PA      | $51203469.90  | 1.29%             | 2026-03-31      | Floating      | 15.00%                | Yes           |                  2 | On Loan: No      |
| IBRD                                                | IBRD CAR 136                                | CUSIP: 000000000<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | CORP              | US        |  23789000 | PA      | $60661.95     | 0.00%             | 2027-12-29      | Floating      | 10.90%                | Yes           |                  3 | On Loan: No      |
| Lion Re DAC                                         | Lion Re DAC 2025-1 Class B                  | CUSIP: 000000000<br>LEI: 635400VAABXOBOWHZR32 | Long             | DBT              | CORP              | IE        |   5565000 | PA      | $6436277.19   | 0.16%             | 2029-06-15      | Floating      | 9.94%                 | Yes           |                  2 | On Loan: No      |
| Gateway Re Ltd.                                     | Gateway Re 2023-1 Class B                   | CUSIP: 36779CAD8<br>LEI: 549300ZYFWQV9RCIN520 | Long             | DBT              | CORP              | BM        |   3113000 | PA      | $3229426.20   | 0.08%             | 2026-02-24      | Floating      | 24.94%                | Yes           |                  2 | On Loan: No      |
| Gateway Re Ltd.                                     | Gateway Re 2023-3 Class A                   | CUSIP: 36779CAF3<br>LEI: 549300ZYFWQV9RCIN520 | Long             | DBT              | CORP              | BM        |   5404000 | PA      | $5687169.60   | 0.14%             | 2026-07-08      | Floating      | 14.82%                | Yes           |                  2 | On Loan: No      |
| Purple Re Ltd.                                      | Purple Re 2025-1 Class B                    | CUSIP: 74639NAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   9514000 | PA      | $9961158.00   | 0.25%             | 2028-06-07      | Floating      | 11.69%                | Yes           |                  2 | On Loan: No      |
| Excelsa Re Ltd. Segregated Account 6                | Excelsa Re Ltd.                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | BM        |   7979000 | NS      | $9569879.19   | 0.24%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Hexagon III Re Pte. Ltd.                            | Hexagon III Re Pte. Class B                 | CUSIP: 000000000<br>LEI: 9845003Q740XB9CF0598 | Long             | DBT              | CORP              | SG        |   2000000 | PA      | $1844231.59   | 0.05%             | 2026-01-15      | Floating      | 13.92%                | Yes           |                  3 | On Loan: No      |
| Hexagon IV Re Ltd.                                  | Hexagon IV Re 2025-1 Class A                | CUSIP: 000000000<br>LEI: 984500B4771ADC9FDE26 | Long             | DBT              | CORP              | BM        |   8226000 | PA      | $9481655.66   | 0.24%             | 2030-01-22      | Floating      | 10.00%                | Yes           |                  2 | On Loan: No      |
| FloodSmart Re Ltd.                                  | FloodSmart Re 2023-1 Class B                | CUSIP: 33975CAN5<br>LEI: 549300KK1LNVFW95S875 | Long             | DBT              | CORP              | BM        |   3536000 | PA      | $1414400.00   | 0.04%             | 2026-03-11      | Floating      | 26.35%                | Yes           |                  3 | On Loan: No      |
| Foundation Re VI Ltd.                               | Foundation Re 2023-1 Class A                | CUSIP: 349939AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   9848000 | PA      | $10179385.20  | 0.26%             | 2027-01-08      | Floating      | 10.15%                | Yes           |                  2 | On Loan: No      |
| Four Lakes Re Ltd.                                  | Four Lakes Re 2023-1 Class A                | CUSIP: 35087TAE8<br>LEI: 549300MG4RRU6DT7MN54 | Long             | DBT              | CORP              | BM        |   3003000 | PA      | $3071318.25   | 0.08%             | 2027-01-07      | Floating      | 9.70%                 | Yes           |                  2 | On Loan: No      |
| Four Lakes Re Ltd.                                  | Four Lakes Re 2024-1 Class A                | CUSIP: 35087TAG3<br>LEI: 549300MG4RRU6DT7MN54 | Long             | DBT              | CORP              | BM        |  11520000 | PA      | $11635200.00  | 0.29%             | 2028-01-07      | Floating      | 9.40%                 | Yes           |                  2 | On Loan: No      |
| High Point Re Ltd.                                  | High Point Re 2023-1 Class A                | CUSIP: 429932AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  22886000 | PA      | $23452428.50  | 0.59%             | 2027-01-06      | Floating      | 9.54%                 | Yes           |                  2 | On Loan: No      |
| Integrity Re III Ltd.                               | Integrity Re III 2025-1 Class D             | CUSIP: 45870GAF3<br>LEI: 254900VWHVNG2WMBWC74 | Long             | DBT              | CORP              | BM        |   6509000 | PA      | $7475586.50   | 0.19%             | 2027-06-06      | Floating      | 29.44%                | Yes           |                  2 | On Loan: No      |
| Kendall Re Ltd.                                     | Kendall Re 2024-1 Class A                   | CUSIP: 48878QAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  15529000 | PA      | $16329519.95  | 0.41%             | 2027-04-30      | Floating      | 10.15%                | Yes           |                  2 | On Loan: No      |
| Kizuna Re III Pte. Ltd.                             | Kizuna Re III 2024-1 Class A                | CUSIP: 49835JAB2<br>LEI: 984500004749BBB42B88 | Long             | DBT              | CORP              | SG        |   3081000 | PA      | $3131990.55   | 0.08%             | 2029-04-09      | Floating      | 6.69%                 | Yes           |                  2 | On Loan: No      |
| London Bridge 2 PCC Limited                         | Fuchsia 2 2024-1 Class A                    | CUSIP: 541917AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |  17684000 | PA      | $18089847.80  | 0.46%             | 2028-04-06      | Floating      | 9.04%                 | Yes           |                  2 | On Loan: No      |
| Long Point Re IV Ltd                                | Long Point Re IV 2022-1 Class A             | CUSIP: 54279PAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  30710000 | PA      | $31184469.50  | 0.79%             | 2026-06-01      | Floating      | 8.15%                 | Yes           |                  2 | On Loan: No      |
| Lower Ferry Re Ltd.                                 | Lower Ferry Re 2023-1 Class A               | CUSIP: 547915AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   7458000 | PA      | $7632890.10   | 0.19%             | 2026-07-08      | Floating      | 8.55%                 | Yes           |                  2 | On Loan: No      |
| Lower Ferry Re Ltd.                                 | Lower Ferry Re 2023-1 Class B               | CUSIP: 547915AB4<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  11219000 | PA      | $11548277.65  | 0.29%             | 2026-07-08      | Floating      | 9.40%                 | Yes           |                  2 | On Loan: No      |
| Matterhorn Re Ltd.                                  | Matterhorn Re Argon 2022-1 Class A          | CUSIP: 577092AR0<br>LEI: 549300QRZ77PO1BYWT39 | Long             | DBT              | CORP              | BM        |   1000000 | PA      | $1008156.49   | 0.03%             | 2027-01-25      | Floating      | 11.29%                | Yes           |                  2 | On Loan: No      |
| Purple Re Ltd.                                      | Purple Re 2025-1 Class A                    | CUSIP: 74639NAD5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   8721000 | PA      | $9264318.30   | 0.23%             | 2028-06-07      | Floating      | 11.19%                | Yes           |                  2 | On Loan: No      |
| Queen Street 2023 Re DAC                            | Queen Street 2023 Re DAC                    | CUSIP: 747977AA4<br>LEI: 635400VHHVVMXL5BJI05 | Long             | DBT              | CORP              | IE        |  12723000 | PA      | $12781525.80  | 0.32%             | 2025-12-08      | Floating      | 11.50%                | Yes           |                  2 | On Loan: No      |
| Residential Reinsurance 2023 Limited                | Residential Re 2023-II Class 5              | CUSIP: 76090WAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  15862000 | PA      | $16747892.70  | 0.42%             | 2027-12-06      | Floating      | 10.01%                | Yes           |                  2 | On Loan: No      |
| Residential Reinsurance 2022 Limited                | Residential Re 2022-I Class 12              | CUSIP: 76119YAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   4421000 | PA      | $2321025.00   | 0.06%             | 2026-06-06      | Floating      | 11.71%                | Yes           |                  2 | On Loan: No      |
| Phoenix 2 Re Pte. Ltd.                              | Phoenix Re Pte. Ltd. 2022-1 Class B         | CUSIP: 000000000<br>LEI: 254900BAVIFK6NATLK85 | Long             | DBT              | CORP              | SG        |        66 | PA      | $132.34       | 0.00%             | 2028-01-04      | Fixed         | 0.00%                 | Yes           |                  3 | On Loan: No      |
| Hexagon IV Re Ltd.                                  | Hexagon IV Re 2023-1 Class B                | CUSIP: 000000000<br>LEI: 984500B4771ADC9FDE26 | Long             | DBT              | CORP              | BM        |   1750000 | PA      | $1983643.97   | 0.05%             | 2026-01-21      | Floating      | 19.42%                | Yes           |                  2 | On Loan: No      |
| IBRD                                                | IBRD CAR 133 Class B                        | CUSIP: 000000000<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | CORP              | US        |   7616000 | PA      | $7699776.00   | 0.19%             | 2028-04-24      | Floating      | 14.90%                | Yes           |                  2 | On Loan: No      |
| IBRD                                                | IBRD CAR 135 Class D                        | CUSIP: 000000000<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | CORP              | US        |   7236000 | PA      | $7694400.60   | 0.19%             | 2028-04-24      | Floating      | 15.90%                | Yes           |                  2 | On Loan: No      |
| Acorn Re Ltd.                                       | Acorn Re 2024-1 Class A                     | CUSIP: 00485YAE9<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  12029000 | PA      | $12282811.90  | 0.31%             | 2027-11-05      | Floating      | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Baldwin Re Ltd.                                     | Baldwin Re 2023-1 Class A                   | CUSIP: 05826BAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   3631000 | PA      | $3772245.90   | 0.10%             | 2027-07-07      | Floating      | 8.95%                 | Yes           |                  2 | On Loan: No      |
| Gateway Re Ltd.                                     | Gateway Re 2025-1 Class C1                  | CUSIP: 36779CAR7<br>LEI: 549300ZYFWQV9RCIN520 | Long             | DBT              | CORP              | BM        |   6507000 | PA      | $6425337.15   | 0.16%             | 2025-12-22      | Floating      | 3.94%                 | Yes           |                  2 | On Loan: No      |
| Herbie Re Ltd.                                      | Herbie Re 2022-1 Class A                    | CUSIP: 42703VAF0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   2306000 | PA      | $2428563.90   | 0.06%             | 2027-01-08      | Floating      | 17.45%                | Yes           |                  2 | On Loan: No      |
| Herbie Re Ltd.                                      | Herbie Re 2024-2 Class A                    | CUSIP: 42703VAJ2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   6413000 | PA      | $6592884.65   | 0.17%             | 2029-01-08      | Floating      | 11.20%                | Yes           |                  2 | On Loan: No      |
| Herbie Re Ltd.                                      | Herbie Re 2025-1 Class A                    | CUSIP: 42703VAM5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   3579000 | PA      | $4037648.85   | 0.10%             | 2027-06-07      | Floating      | 35.14%                | Yes           |                  2 | On Loan: No      |
| Residential Reinsurance 2023 Limited                | Residential Re 2023-II Class 3              | CUSIP: 76090WAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   7078000 | PA      | $7426237.60   | 0.19%             | 2027-12-06      | Floating      | 12.73%                | Yes           |                  2 | On Loan: No      |
| Residential Reinsurance 2022 Limited                | Residential Re 2022-I Class 11              | CUSIP: 76119YAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   3094000 | PA      | $154854.70    | 0.00%             | 2026-06-06      | Floating      | 4.54%                 | Yes           |                  3 | On Loan: No      |
| Riverfront Re Ltd                                   | Riverfront Re 2025 Class A                  | CUSIP: 76870YAF9<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   9116000 | PA      | $9608264.00   | 0.24%             | 2029-01-08      | Floating      | 9.45%                 | Yes           |                  2 | On Loan: No      |
| Sanders Re III Ltd.                                 | Sanders Re III 2023-1 Class A               | CUSIP: 80001QAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   3162000 | PA      | $3284053.20   | 0.08%             | 2027-04-07      | Floating      | 9.37%                 | Yes           |                  2 | On Loan: No      |
| Sanders Re II Ltd.                                  | Sanders Re II 2024-3 Class B                | CUSIP: 80001RAB7<br>LEI: 254900VRQU0N0MF3CT92 | Long             | DBT              | CORP              | BM        |  19864000 | PA      | $20578110.80  | 0.52%             | 2029-04-07      | Floating      | 9.15%                 | Yes           |                  2 | On Loan: No      |
| Hexagon IV Re Ltd.                                  | Hexagon IV Re 2023-1 Class A                | CUSIP: 000000000<br>LEI: 984500B4771ADC9FDE26 | Long             | DBT              | CORP              | BM        |   6684000 | PA      | $7912678.17   | 0.20%             | 2028-01-21      | Floating      | 10.43%                | Yes           |                  2 | On Loan: No      |
| Athena I Reinsurance DAC                            | Athena I Re DAC                             | CUSIP: 000000000<br>LEI: 635400OYYB4RHO1DUS90 | Long             | DBT              | CORP              | IE        |   2192000 | PA      | $2540367.23   | 0.06%             | 2028-01-21      | Floating      | 7.26%                 | Yes           |                  2 | On Loan: No      |
| Eden Re II Segregated Account 2023-1                | Eden Re II 2023-1 Class B                   | CUSIP: 27955GAB8<br>LEI: 549300LKX8PCP3SC3F42 | Long             | DBT              | CORP              | BM        |    104160 | PA      | $1292978.84   | 0.03%             | 2027-03-19      | Fixed         | 0.00%                 | Yes           |                  3 | On Loan: No      |
| Merna Re II Ltd                                     | Merna Re II 2025-2 Class A                  | CUSIP: 59013MAP7<br>LEI: 549300478X5RX87PYX60 | Long             | DBT              | CORP              | BM        |  12711000 | PA      | $13440611.40  | 0.34%             | 2028-07-07      | Floating      | 12.70%                | Yes           |                  2 | On Loan: No      |
| Mona Lisa Re Ltd.                                   | Mona Lisa Re 2024-1 Class A                 | CUSIP: 608800AH1<br>LEI: 549300R6SO6XBFDC7M25 | Long             | DBT              | CORP              | BM        |   8658000 | PA      | $9462328.20   | 0.24%             | 2027-06-25      | Floating      | 13.65%                | Yes           |                  2 | On Loan: No      |
| Mystic Re IV Ltd.                                   | Mystic Re IV 2023-1 Class A                 | CUSIP: 62865LAD9<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  13095000 | PA      | $13249521.00  | 0.33%             | 2026-01-08      | Floating      | 12.88%                | Yes           |                  2 | On Loan: No      |
| Mystic Re IV Ltd.                                   | Mystic Re IV 2025-1 Class B                 | CUSIP: 62865LAG2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   3931000 | PA      | $4087650.35   | 0.10%             | 2028-01-10      | Floating      | 14.20%                | Yes           |                  2 | On Loan: No      |
| Sanders Re III Ltd.                                 | Sanders Re III 2023-2 Class A               | CUSIP: 799925AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  21069000 | PA      | $21893851.35  | 0.55%             | 2026-06-05      | Floating      | 11.62%                | Yes           |                  2 | On Loan: No      |
| Sanders Re III Ltd.                                 | Sanders Re III 2022-1 Class A               | CUSIP: 80000XAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  17697000 | PA      | $17808491.10  | 0.45%             | 2026-04-07      | Floating      | 7.24%                 | Yes           |                  2 | On Loan: No      |
| Sanders Re III Ltd.                                 | Sanders Re III 2022-1 Class B               | CUSIP: 80000XAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   6189000 | PA      | $6258316.80   | 0.16%             | 2026-04-07      | Floating      | 14.71%                | Yes           |                  2 | On Loan: No      |
| Sanders Re III Ltd.                                 | Sanders Re III 2022-3 Class A               | CUSIP: 80000YAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   4607000 | PA      | $4834125.10   | 0.12%             | 2027-04-07      | Floating      | 9.89%                 | Yes           |                  2 | On Loan: No      |
| Sanders Re II Ltd.                                  | Sanders Re II 2025-1 Class A-2              | CUSIP: 80001TAB3<br>LEI: 254900VRQU0N0MF3CT92 | Long             | DBT              | CORP              | BM        |  13070000 | PA      | $13733302.50  | 0.35%             | 2030-04-08      | Floating      | 8.20%                 | Yes           |                  2 | On Loan: No      |
| Ursa Re Ltd.                                        | Ursa Re 2023-1 Class C                      | CUSIP: 90323WAM2<br>LEI: 549300O8X4DWGDJZ6W59 | Long             | DBT              | CORP              | BM        |   4543000 | PA      | $4560036.25   | 0.11%             | 2025-12-06      | Floating      | 12.15%                | Yes           |                  2 | On Loan: No      |
| Ursa Re Ltd.                                        | Ursa Re 2023-2 Class E                      | CUSIP: 90323WAN0<br>LEI: 549300O8X4DWGDJZ6W59 | Long             | DBT              | CORP              | BM        |  21145000 | PA      | $22005601.50  | 0.55%             | 2026-12-07      | Floating      | 13.15%                | Yes           |                  2 | On Loan: No      |
| Ursa Re Ltd.                                        | Ursa Re 2025-1 Class F                      | CUSIP: 90323WAR1<br>LEI: 549300O8X4DWGDJZ6W59 | Long             | DBT              | CORP              | BM        |  32693000 | PA      | $33070604.15  | 0.83%             | 2028-02-22      | Floating      | 11.40%                | Yes           |                  2 | On Loan: No      |
| Veraison Re Ltd.                                    | Veraison Re 2025-1 Class B                  | CUSIP: 92335TAE9<br>LEI: 2549007WYB39A966J434 | Long             | DBT              | CORP              | BM        |  11170000 | PA      | $11292870.00  | 0.28%             | 2028-03-08      | Floating      | 8.90%                 | Yes           |                  2 | On Loan: No      |
| Vitality Re XIII Limited                            | Vitality Re XIII 2022 Class A               | CUSIP: 92849MAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   3880000 | PA      | $3879030.00   | 0.10%             | 2026-01-06      | Floating      | 5.90%                 | Yes           |                  2 | On Loan: No      |
| Vitality Re XIV Limited                             | Vitality Re XIV 2023 Class A                | CUSIP: 92851QAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   7417000 | PA      | $7578319.75   | 0.19%             | 2027-01-05      | Floating      | 7.40%                 | Yes           |                  2 | On Loan: No      |
| Winston Re Ltd                                      | Winston Re 2025-1 Class A                   | CUSIP: 975660AC5<br>LEI: 2549001Q4VX5Y31QFJ88 | Long             | DBT              | CORP              | BM        |   9395000 | PA      | $9780195.00   | 0.25%             | 2028-02-21      | Floating      | 10.40%                | Yes           |                  2 | On Loan: No      |
| Gateway Re Ltd.                                     | Gateway Re 2025-2 Class A                   | CUSIP: 36779CAS5<br>LEI: 549300ZYFWQV9RCIN520 | Long             | DBT              | CORP              | BM        |   8118000 | PA      | $8432166.60   | 0.21%             | 2028-07-07      | Floating      | 10.90%                | Yes           |                  2 | On Loan: No      |
| Herbie Re Ltd.                                      | Herbie Re 2021-1 Class A                    | CUSIP: 42703VAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    538107 | PA      | $5381.13      | 0.00%             | 2028-06-06      | Floating      | 4.30%                 | Yes           |                  3 | On Loan: No      |
| Herbie Re Ltd.                                      | Herbie Re 2024-2 Class C                    | CUSIP: 42703VAL7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   5586000 | PA      | $5764752.00   | 0.15%             | 2027-01-08      | Floating      | 26.95%                | Yes           |                  2 | On Loan: No      |
| Hatteras (Artex Segregated Account Company)         | Hatteras (Artex Segregated Account Company) | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | BM        |     37256 | NS      | $40838165.24  | 1.03%             |  |  |  | Yes           |                  3 | On Loan: No      |
| First Coast Re IV Ltd.                              | First Coast Re IV 2023-1 Class A            | CUSIP: 31969UAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   2000000 | PA      | $2061800.00   | 0.05%             | 2026-04-07      | Floating      | 14.08%                | Yes           |                  2 | On Loan: No      |
| Four Lakes Re Ltd.                                  | Four Lakes Re 2024-1 Class B                | CUSIP: 35087TAH1<br>LEI: 549300MG4RRU6DT7MN54 | Long             | DBT              | CORP              | BM        |   4756000 | PA      | $4848028.60   | 0.12%             | 2028-01-07      | Floating      | 12.15%                | Yes           |                  2 | On Loan: No      |
| Herbie Re Ltd.                                      | Herbie Re 2024-2 Class B                    | CUSIP: 42703VAK9<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   6413000 | PA      | $6817660.30   | 0.17%             | 2029-01-08      | Floating      | 14.70%                | Yes           |                  2 | On Loan: No      |
| Hestia Re Ltd.                                      | Hestia Re 2022-1 Class A                    | CUSIP: 42815KAA0<br>LEI: 549300QRKQ1ZKOXEMZ38 | Long             | DBT              | CORP              | BM        |    445857 | PA      | $234075.00    | 0.01%             | 2029-04-22      | Floating      | 4.00%                 | Yes           |                  3 | On Loan: No      |
| Hestia Re Ltd.                                      | Hestia Re 2025-1 Class A                    | CUSIP: 42815KAC6<br>LEI: 549300QRKQ1ZKOXEMZ38 | Long             | DBT              | CORP              | BM        |  15901000 | PA      | $16268313.10  | 0.41%             | 2028-03-13      | Floating      | 10.65%                | Yes           |                  2 | On Loan: No      |
| Integrity Re Ltd                                    | Integrity Re 2024-1 Class A                 | CUSIP: 45833UAJ0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   5694000 | PA      | $5999483.10   | 0.15%             | 2026-06-06      | Floating      | 14.50%                | Yes           |                  2 | On Loan: No      |
| Integrity Re III Ltd.                               | Integrity Re III 2025-1 Class C             | CUSIP: 45870GAE6<br>LEI: 254900VWHVNG2WMBWC74 | Long             | DBT              | CORP              | BM        |  10577000 | PA      | $11293062.90  | 0.28%             | 2028-06-06      | Floating      | 16.19%                | Yes           |                  2 | On Loan: No      |
| Kilimanjaro II Re Limited                           | Kilimanjaro II Re 2025-1 Class C-1          | CUSIP: 49407QAL2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   1684000 | PA      | $1723237.20   | 0.04%             | 2029-07-09      | Floating      | 7.94%                 | Yes           |                  2 | On Loan: No      |
| Kilimanjaro II Re Limited                           | Kilimanjaro II Re 2025-2 Class C-2          | CUSIP: 49407QAQ1<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   1684000 | PA      | $1728710.20   | 0.04%             | 2030-07-08      | Floating      | 7.94%                 | Yes           |                  2 | On Loan: No      |
| Logistics Re Ltd.                                   | Logistics Re 2024-1 Class A                 | CUSIP: 54143LAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   1750000 | PA      | $1782025.00   | 0.04%             | 2027-12-21      | Floating      | 9.90%                 | Yes           |                  2 | On Loan: No      |
| Longleaf Pine Re Ltd.                               | Longleaf Pine Re 2024-1 Class A             | CUSIP: 54307MAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  14003000 | PA      | $15632249.05  | 0.39%             | 2027-05-25      | Floating      | 21.83%                | Yes           |                  2 | On Loan: No      |
| Hestia Re Ltd.                                      | Hestia Re 2023-1 Class A                    | CUSIP: 42815KAB8<br>LEI: 549300QRKQ1ZKOXEMZ38 | Long             | DBT              | CORP              | BM        |   3750000 | PA      | $3816562.50   | 0.10%             | 2026-04-07      | Floating      | 14.65%                | Yes           |                  2 | On Loan: No      |
| Integrity Re Ltd                                    | Integrity Re 2024-1 Class D                 | CUSIP: 45833UAM3<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   8594000 | PA      | $9416914.17   | 0.24%             | 2026-06-06      | Floating      | 26.70%                | Yes           |                  2 | On Loan: No      |
| Mayflower Re Ltd.                                   | Mayflower Re 2024-1 Class A                 | CUSIP: 57839MAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   8145000 | PA      | $8408898.00   | 0.21%             | 2027-07-08      | Floating      | 8.82%                 | Yes           |                  2 | On Loan: No      |
| Mystic Re IV Ltd.                                   | Mystic Re IV 2025-1 Class A                 | CUSIP: 62865LAF4<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   6206000 | PA      | $6293814.90   | 0.16%             | 2028-01-10      | Floating      | 7.95%                 | Yes           |                  2 | On Loan: No      |
| Labrador (Horseshoe Re)                             | Labrador (Horseshoe Re)                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | BM        |     34121 | NS      | $33063916.41  | 0.83%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Matterhorn Re Ltd.                                  | Matterhorn Re SR2023-1 Class CYB-A          | CUSIP: 577092AV1<br>LEI: 549300QRZ77PO1BYWT39 | Long             | DBT              | CORP              | BM        |  13956000 | PA      | $14032758.00  | 0.35%             | 2026-01-08      | Floating      | 15.90%                | Yes           |                  2 | On Loan: No      |
| Merna Re II Ltd                                     | Merna Re II 2025-3 Class A                  | CUSIP: 59013FAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  26216000 | PA      | $27774541.20  | 0.70%             | 2028-07-07      | Floating      | 10.95%                | Yes           |                  2 | On Loan: No      |
| Merna Re II Ltd                                     | Merna Re II 2025-4 Class A                  | CUSIP: 59013HAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  27010000 | PA      | $28033679.00  | 0.71%             | 2028-07-07      | Floating      | 11.70%                | Yes           |                  2 | On Loan: No      |
| Merna Re II Ltd                                     | Merna Re II 2024-1 Class A                  | CUSIP: 59013MAK8<br>LEI: 549300478X5RX87PYX60 | Long             | DBT              | CORP              | BM        |  15946000 | PA      | $16909138.40  | 0.43%             | 2027-07-07      | Floating      | 11.15%                | Yes           |                  2 | On Loan: No      |
| MetroCat Re Ltd                                     | Metrocat Re 2023-1 Class A                  | CUSIP: 59165HAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   2429000 | PA      | $2469199.95   | 0.06%             | 2026-05-08      | Floating      | 9.65%                 | Yes           |                  2 | On Loan: No      |
| Nature Coast Re Ltd.                                | Nature Coast Re 2023-1 Class B              | CUSIP: 63901CAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   4156000 | PA      | $4371488.60   | 0.11%             | 2026-12-07      | Floating      | 17.64%                | Yes           |                  2 | On Loan: No      |
| Magnolia (Artex Segregated Account Company)         | Magnolia (Artex Segregated Account Company) | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | BM        |     10646 | NS      | $17932753.27  | 0.45%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Nature Coast Re Ltd.                                | Nature Coast Re 2024-1 Class A              | CUSIP: 63901CAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   5845000 | PA      | $6641089.00   | 0.17%             | 2028-06-07      | Floating      | 19.43%                | Yes           |                  2 | On Loan: No      |
| Nature Coast Re Ltd.                                | Nature Coast Re 2025-1 Class A              | CUSIP: 63901CAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  15042000 | PA      | $15944520.00  | 0.40%             | 2029-01-16      | Floating      | 14.60%                | Yes           |                  2 | On Loan: No      |
| Palm Re Ltd.                                        | Palm Re 2024-1 Class A                      | CUSIP: 69664FAA6<br>LEI: 984500D3C66DA10DAP11 | Long             | DBT              | CORP              | BM        |  10494000 | PA      | $11192375.70  | 0.28%             | 2027-06-07      | Floating      | 13.45%                | Yes           |                  2 | On Loan: No      |
| Purple Re Ltd.                                      | Purple Re 2023-1 Class A                    | CUSIP: 74639NAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   8749000 | PA      | $9203510.55   | 0.23%             | 2026-04-24      | Floating      | 16.91%                | Yes           |                  2 | On Loan: No      |
| Residential Reinsurance 2025 Limited                | Residential Re 2025-II Class 2              | CUSIP: 76091JAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   5292000 | PA      | $5292000.00   | 0.13%             | 2029-12-06      | Floating      | 14.16%                | Yes           |                  2 | On Loan: No      |
| Solomon Re Ltd.                                     | Solomon Re 2023-1 Class A                   | CUSIP: 83427GAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   4719000 | PA      | $4821638.25   | 0.12%             | 2026-06-08      | Floating      | 9.22%                 | Yes           |                  2 | On Loan: No      |
| Sutter Re Ltd.                                      | Sutter Re 2023-1 Class B                    | CUSIP: 86944RAE8<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  19391000 | PA      | $19827297.50  | 0.50%             | 2026-06-19      | Floating      | 10.65%                | Yes           |                  2 | On Loan: No      |
| Topanga Re Ltd.                                     | Topanga Re 2021-1 Class A                   | CUSIP: 89055TAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   6189000 | PA      | $6099259.50   | 0.15%             | 2026-01-08      | Floating      | 8.67%                 | Yes           |                  2 | On Loan: No      |
| Ursa Re Ltd.                                        | Ursa Re 2023-1 Class AA                     | CUSIP: 90323WAL4<br>LEI: 549300O8X4DWGDJZ6W59 | Long             | DBT              | CORP              | BM        |   4722000 | PA      | $4731207.90   | 0.12%             | 2025-12-06      | Floating      | 9.40%                 | Yes           |                  2 | On Loan: No      |
| Vitality Re XVI Limited                             | Vitality Re XVI 2025 Class A                | CUSIP: 92849FAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   4893000 | PA      | $4893244.65   | 0.12%             | 2029-01-08      | Floating      | 5.65%                 | Yes           |                  2 | On Loan: No      |
| Wrigley Re Ltd.                                     | Wrigley Re 2023-1 Class A                   | CUSIP: 982533AB7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   5603000 | PA      | $5764086.25   | 0.15%             | 2026-08-07      | Floating      | 10.13%                | Yes           |                  2 | On Loan: No      |
| Wrigley Re Ltd.                                     | Wrigley Re 2023-1 Class B                   | CUSIP: 982533AC5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  12297000 | PA      | $12672058.50  | 0.32%             | 2026-08-07      | Floating      | 10.60%                | Yes           |                  2 | On Loan: No      |
| Hudson Charles (Mt. Logan Re)                       | Hudson Charles 3 (Mt. Logan Re)             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | BM        |     47721 | NS      | $62575768.10  | 1.58%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Peregrine HYR (Peregrine Segregated Account)        | Peregrine HYR                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | BM        |   1800000 | NS      | $28006068.60  | 0.71%             |  |  |  | Yes           |                  3 | On Loan: No      |
| IBRD                                                | IBRD CAR 134 Class C                        | CUSIP: 000000000<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | CORP              | US        |  15817000 | PA      | $17151163.95  | 0.43%             | 2028-04-24      | Floating      | 17.74%                | Yes           |                  2 | On Loan: No      |
| Yoho (Artex Segregated Account Company)             | Yoho (Artex Segregated Account Company)     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | BM        |     39886 | NS      | $194974.99    | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-30

**Name of Applicant:** Stone Ridge Trust

**Signature:** Maura Keselowsky

**Name of Signer:** Maura Keselowsky

**Title:** Treasurer and Principal Financial Officer