# EDGAR Filing Document

**Accession Number:** 0000837276
**File Stem:** 0000940400-26-023138
**Filing Date:** 2026-6
**Character Count:** 165428
**Document Hash:** f26adbe882cc8b2194cece2ea708634e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-023138.hdr.sgml**: 20260601

**ACCESSION NUMBER**: 0000940400-26-023138

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260601

**DATE AS OF CHANGE**: 20260601

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Voya INVESTORS TRUST
- **CENTRAL INDEX KEY:** 0000837276

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05629
- **FILM NUMBER:** 261049134

**BUSINESS ADDRESS:**
- **STREET 1:** 7337 E. DOUBLETREE RANCH ROAD, STE 100
- **CITY:** SCOTTSDALE
- **STATE:** AZ
- **ZIP:** 85258
- **BUSINESS PHONE:** 800-366-0066

**MAIL ADDRESS:**
- **STREET 1:** 7337 E. DOUBLETREE RANCH ROAD, STE 100
- **CITY:** SCOTTSDALE
- **STATE:** AZ
- **ZIP:** 85258

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ING INVESTORS TRUST
- **DATE OF NAME CHANGE:** 20030501

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GCG TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SPECIALTY MANAGERS TRUST
- **DATE OF NAME CHANGE:** 19911209

## Series and Classes Contracts Data

### Voya Inflation Protected Bond Plus Portfolio (Series ID: S000017158)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000047545 | Class ADV    | IBRAX           |
| C000047546 | Class I      | IBRIX           |
| C000047547 | Class S      | IBRSX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Voya Investors Trust

- **b. Investment Company Act file number:** 811-05629

- **c. CIK number of Registrant:** 0000837276

- **d. LEI of Registrant:** 549300LPMGZECCP9KQ67

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

  - **Street Address 1:** 7337 East Doubletree Ranch Road

  - **City:** Scottsdale

  - **State:** AZ

  - **Foreign country:** US

  - **Zip / Postal Code:** 85258

  - **Telephone number:** 1-800-366-0066

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

- **a. Name of Series:** Voya Inflation Protected Bond Plus Portfolio

- **b. EDGAR series identifier (if any):** S000017158

- **c. LEI of Series:** 549300X5SJAOIOPWIA53

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

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**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:** $145956884.28

**Total Liabilities:** $3556557.49

**Net Assets:** $142400326.79

**Cash Not Reported:** $2213531.26

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 81.64728000 | **1-Year:** 9355.21725000 | **5-Year:** 23140.29634000 | **10-Year:** 1270.63657000 | **30-Year:** 0.00000000

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

- **3-Month:** 27.97737000 | **1-Year:** 2154.85351000 | **5-Year:** 3696.80100000 | **10-Year:** 964.93582000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000047547 | 0.65%                | 1.24%                |  |
| Class ID C000047546 | 0.77%                | 1.13%                | -1.28%               |
| Class ID C000047545 | 0.65%                | 1.14%                | -1.28%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $7660.93                 | $288829.41                                 |
| Month 2  | $96260.57                | $664776.85                                 |
| Month 3  | $261605.12               | $-1984399.35                               |

**Designated Index Information**

- **Index Name:** Bloomberg U.S. Treasury Inflation Protected Securities

- **Index Identifier:** LBUTTRUU

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Global Payments Inc                                                                  | GPN 4.95 08/15/27                                           | CUSIP: 37940XAP7<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |     59000 | PA      | $59128.44     | 0.04%             | 2027-08-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                       | C V2.52 11/03/32                                            | CUSIP: 172967NE7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     36000 | PA      | $31763.30     | 0.02%             | 2032-11-03      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS INTERNATIONAL                                                          | TRS LBUTTRUU INDEX                                          | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DIR              | CORP              | GB        |         1 | NC      | $-589561.35   | -0.41%            |  |  |  | No            |                  2 | On Loan: No      |
| KEY COMMERCIAL MORTGAGE SECURITIES TRUST 2018-S1                                     | KCM 2018-S1 A3                                              | CUSIP: 49307WAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |         0 | PA      | $0.07         | 0.00%             | 2053-10-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                 | JPM V6.087 10/23/29                                         | CUSIP: 46647PDX1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    294000 | PA      | $305534.97    | 0.21%             | 2029-10-23      | Fixed         | 6.09%                 | No            |                  2 | On Loan: No      |
| KSL COMMERCIAL MORTGAGE TRUST 2025-MH                                                | KSL 2025-MH A                                               | CUSIP: 48268VAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $998897.50    | 0.70%             | 2042-12-15      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| American Tower Corporation                                                           | AMT 3.8 08/15/29                                            | CUSIP: 03027XAW0<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |    219000 | PA      | $213806.19    | 0.15%             | 2029-08-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                 | JPM V5.571 04/22/28                                         | CUSIP: 46647PEE2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    164000 | PA      | $166034.08    | 0.12%             | 2028-04-22      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | TII 2.125 04/15/29                                          | CUSIP: 91282CKL4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    628800 | PA      | $679020.11    | 0.48%             | 2029-04-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | T 3.875 03/31/31                                            | CUSIP: 91282CQG9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     60000 | PA      | $59810.16     | 0.04%             | 2031-03-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Lowes Companies, Inc.                                                                | LOW 1.7 09/15/28                                            | CUSIP: 548661ED5<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    253000 | PA      | $237831.41    | 0.17%             | 2028-09-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| American Tower Corporation                                                           | AMT 3.55 07/15/27                                           | CUSIP: 03027XAP5<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |    268000 | PA      | $265198.42    | 0.19%             | 2027-07-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                                          | Ultra 10-Year U.S. Treasury Note Futures, Jun-2026,ETH      | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       -13 | NC      | $-3683.16     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| CIFC FUNDING 2022-IV LTD                                                             | CIFC 2022-4A AR                                             | CUSIP: 12567WAL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1100000 | PA      | $1098475.40   | 0.77%             | 2035-07-16      | Floating      | 4.76%                 | No            |                  2 | On Loan: No      |
| SABAL ISSUER 2025-2 LLC                                                              | PALMET 2025-2A A                                            | CUSIP: 78517MAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    983504 | PA      | $967841.84    | 0.68%             | 2061-04-30      | Fixed         | 5.98%                 | No            |                  2 | On Loan: No      |
| SABAL ISSUER 2026-1 LLC                                                              | PALMET 2026-1A A1                                           | CUSIP: 78518CAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1750000 | PA      | $1756709.68   | 1.23%             | 2061-05-02      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                             | T 2.25 02/01/32                                             | CUSIP: 00206RKH4<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    433000 | PA      | $378421.03    | 0.27%             | 2032-02-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| COLLEGE AVENUE STUDENT LOANS 2021-B LLC                                              | CASL 2021-B A2                                              | CUSIP: 19425AAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     84145 | PA      | $76569.71     | 0.05%             | 2052-06-25      | Fixed         | 1.76%                 | No            |                  2 | On Loan: No      |
| BAMLL Commercial Mortgage Securities Trust 2016-Ashf                                 | BAMLL 2024-BHP A                                            | CUSIP: 05493WAA0<br>LEI: 549300MWBLMUUG6B8094 | Long             | ABS-O            | CORP              | US        |     90000 | PA      | $90170.53     | 0.06%             | 2039-08-15      | Floating      | 6.02%                 | No            |                  2 | On Loan: No      |
| Dominos Pizza Inc.                                                                   | DPABS 2021-1A A2II                                          | CUSIP: 25755TAP5<br>LEI: 25490005ZWM1IF9UXU57 | Long             | ABS-O            | CORP              | US        |   1258415 | PA      | $1144551.72   | 0.80%             | 2051-04-25      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| SEQUOIA MORTGAGE TRUST 2025-9                                                        | SEMT 2025-9 A28                                             | CUSIP: 81750BBD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250877 | PA      | $252790.13    | 0.18%             | 2055-10-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| CITADEL SECURITIES LLC                                                               | CITADEL SECURITIES LLC                                      | CUSIP: 000000000<br>LEI: 12UUJYTN7D3SW8KCSG25 | Long             | RA               | CORP              | US        |    309000 | PA      | $309000.00    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Taco Bell Funding Llc                                                                | BELL 2025-1A A2I                                            | CUSIP: 87342RAK0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1480265.25   | 1.04%             | 2055-08-25      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                                                                   | VICI 4.625 12/01/29 144A                                    | CUSIP: 92564RAB1<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |    181000 | PA      | $178002.15    | 0.13%             | 2029-12-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| SG RESIDENTIAL MORTGAGE TRUST 2021-1                                                 | SGR 2021-1 A1                                               | CUSIP: 784212AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    321642 | PA      | $271309.47    | 0.19%             | 2061-07-25      | Variable      | 1.16%                 | No            |                  2 | On Loan: No      |
| KRE COMMERCIAL MORTGAGE TRUST 2025-AIP4                                              | KRE 2025-AIP4 B                                             | CUSIP: 50077KAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    560625 | PA      | $558680.70    | 0.39%             | 2042-03-17      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| Bx Commercial Mortgage Trust 2018-Bioa                                               | BX 2025-DIME A                                              | CUSIP: 05613UAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    750000 | PA      | $746958.90    | 0.52%             | 2035-02-15      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2025-CCM1                                                   | JPMMT 2025-CCM1 A2                                          | CUSIP: 46593MAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    413047 | PA      | $411307.92    | 0.29%             | 2055-06-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| UBS COMMERCIAL MORTGAGE TRUST 2017-C4                                                | UBSCM 2017-C4 A4                                            | CUSIP: 90276RBE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    650000 | PA      | $638208.61    | 0.45%             | 2050-10-17      | Fixed         | 3.56%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                         | TII 2.125 02/15/40                                          | CUSIP: 912810QF8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     83600 | PA      | $123246.82    | 0.09%             | 2040-02-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| APPLEBEE'S FUNDING LLC                                                               | DIN 2025-1A A2                                              | CUSIP: 03789XAH1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    550000 | PA      | $550836.11    | 0.39%             | 2055-06-05      | Fixed         | 6.72%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2024-KING                                               | BX 2024-KING A                                              | CUSIP: 05612RAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    700774 | PA      | $701546.77    | 0.49%             | 2034-05-15      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS INTERNATIONAL                                                          | TRS LBUTTRUU INDEX                                          | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DIR              | CORP              | GB        |         1 | NC      | $-91355.86    | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| Primo Water Holdings Inc / Triton Water Holdings Inc.                                | PRMWCN 4.375 04/30/29 144a                                  | CUSIP: 74168RAB9<br>LEI: 9845008F9A5F2E1D4832 | Long             | DBT              | CORP              | US        |    185000 | PA      | $179889.65    | 0.13%             | 2029-04-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| B.A.T. International Finance PLC                                                     | BATSLN 4.448 03/16/28                                       | CUSIP: 05530QAP5<br>LEI: 21380041YBGOQDFAC823 | Long             | DBT              | CORP              | GB        |    463000 | PA      | $463346.59    | 0.33%             | 2028-03-16      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| TEXTAINER MARINE CONTAINERS VII LTD                                                  | TMCL 2021-2A A                                              | CUSIP: 88315LAQ1<br>LEI: 549300X48KLHDDGPK024 | Long             | ABS-O            | CORP              | BM        |    706767 | PA      | $667539.65    | 0.47%             | 2046-04-20      | Fixed         | 2.23%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2017-C39                                       | WFCM 2017-C39 A5                                            | CUSIP: 95000XAF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    700000 | PA      | $688998.87    | 0.48%             | 2050-09-16      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS INTERNATIONAL                                                          | TRS LBUTTRUU INDEX                                          | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DIR              | CORP              | GB        |         1 | NC      | $-154096.04   | -0.11%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                                | BAC V2.972 02/04/33 MTN                                     | CUSIP: 06051GKK4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    185000 | PA      | $167513.68    | 0.12%             | 2033-02-04      | Fixed         | 2.97%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                 | JPM V2.069 06/01/29                                         | CUSIP: 46647PCJ3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    312000 | PA      | $296914.80    | 0.21%             | 2029-06-01      | Fixed         | 2.07%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD                               | FHR 5410 DF                                                 | CUSIP: 3137HCTZ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   5178100 | PA      | $5241388.95   | 3.68%             | 2054-05-25      | Floating      | 5.11%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                         | TII 1 02/15/49                                              | CUSIP: 912810SG4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    105200 | PA      | $96362.11     | 0.07%             | 2049-02-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| NRG Energy, Inc.                                                                     | NRG 3.375 02/15/29 144A                                     | CUSIP: 629377CQ3<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    185000 | PA      | $175473.09    | 0.12%             | 2029-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Newell Brands Inc.                                                                   | NWL 6.375 09/15/27                                          | CUSIP: 651229BC9<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    185000 | PA      | $186482.59    | 0.13%             | 2027-09-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | TII 0.75 07/15/28                                           | CUSIP: 912828Y38<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    388300 | PA      | $501804.67    | 0.35%             | 2028-07-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Crown Castle Inc.                                                                    | CCI 2.1 04/01/31                                            | CUSIP: 22822VAW1<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |     29000 | PA      | $25274.47     | 0.02%             | 2031-04-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| OneMain Financial Corporation                                                        | OMF 3.875 09/15/28                                          | CUSIP: 682691AC4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    185000 | PA      | $175951.91    | 0.12%             | 2028-09-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                                    | WFC V3.526 03/24/28 MTN                                     | CUSIP: 95000U2V4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    210000 | PA      | $208315.80    | 0.15%             | 2028-03-24      | Fixed         | 3.53%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | CAS 2024-R03 2M2                                            | CUSIP: 207941AB1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    500000 | PA      | $501453.50    | 0.35%             | 2044-03-25      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| International Business Machines Corp.                                                | IBM 4.15 07/27/27                                           | CUSIP: 459200KT7<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    185000 | PA      | $184714.09    | 0.13%             | 2027-07-27      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                             | GNR 2025-89 FG                                              | CUSIP: 38385GKB4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |   1440510 | PA      | $1453159.41   | 1.02%             | 2055-05-20      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| Acadia Healthcare Company, Inc.                                                      | ACHC 5.5 07/01/28 144A                                      | CUSIP: 00404AAN9<br>LEI: 5493005CW985Y9D0NC11 | Long             | DBT              | CORP              | US        |    185000 | PA      | $184333.39    | 0.13%             | 2028-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | TII 0.125 07/15/31                                          | CUSIP: 91282CCM1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    545100 | PA      | $618253.37    | 0.43%             | 2031-07-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer Inc | PK 5.875 10/01/28 144A                                      | CUSIP: 70052LAB9<br>LEI: 549300HJUVLG7EAGZV92 | Long             | DBT              | CORP              | US        |    185000 | PA      | $184314.04    | 0.13%             | 2028-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Smb Private Education Loan Trust 2021-D                                              | SMB 2021-D A1A                                              | CUSIP: 78449MAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    184564 | PA      | $174872.43    | 0.12%             | 2053-03-17      | Fixed         | 1.34%                 | No            |                  2 | On Loan: No      |
| Octagon Ltd                                                                          | OCT75 2025-1A A1                                            | CUSIP: 67579EAA7<br>LEI: 5493009LQ0GMI27K0355 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1500825.00   | 1.05%             | 2038-01-22      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| SUNRUN PANGEA ISSUER 2025-2 LLC                                                      | SUNRN 2025-2A A1                                            | CUSIP: 86773EAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    991796 | PA      | $991276.73    | 0.70%             | 2054-01-30      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                                                      | CDS CDX.NA.HY.46.V1                                         | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              | CORP              | US        |         1 | NC      | $36191.51     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS INTERNATIONAL                                                          | TRS LBUTTRUU INDEX                                          | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DIR              | CORP              | GB        |         1 | NC      | $-62941.13    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| FirstEnergy Corp.                                                                    | FE 3.9 07/15/27 B                                           | CUSIP: 337932AH0<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |    238000 | PA      | $236120.55    | 0.17%             | 2027-07-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| AQUA FINANCE ISSUER TRUST 2025-A                                                     | AQFIT 2025-A A                                              | CUSIP: 038394AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1148319 | PA      | $1163473.71   | 0.82%             | 2050-12-19      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Iron Mountain Inc.                                                                   | IRM 4.875 09/15/27 144A                                     | CUSIP: 46284VAC5<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |    185000 | PA      | $184767.83    | 0.13%             | 2027-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2023-DSC1                                                   | JPMMT 2023-DSC1 A1                                          | CUSIP: 46656NAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    112338 | PA      | $109391.35    | 0.08%             | 2063-07-25      | Variable      | 4.62%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | TII 0.5 01/15/28                                            | CUSIP: 9128283R9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    439100 | PA      | $574660.76    | 0.40%             | 2028-01-15      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| Cheniere Energy Partners Lp                                                          | CQP 5.95 06/30/33                                           | CUSIP: 16411QAQ4<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |    162000 | PA      | $169881.94    | 0.12%             | 2033-06-30      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                         | TII 0.125 02/15/51                                          | CUSIP: 912810SV1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    187600 | PA      | $124801.68    | 0.09%             | 2051-02-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| Equinix, Inc.                                                                        | EQIX 3.2 11/18/29                                           | CUSIP: 29444UBE5<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              | CORP              | US        |     72000 | PA      | $68570.45     | 0.05%             | 2029-11-18      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| HAWAII HOTEL TRUST 2025-MAUI                                                         | HHT 2025-MAUI A                                             | CUSIP: 419909AA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1000627.00   | 0.70%             | 2042-03-17      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| Berry Global Inc                                                                     | AMCR 5.5 04/15/28                                           | CUSIP: 08576PAL5<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |     13000 | PA      | $13263.46     | 0.01%             | 2028-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CD 2017-CD6 MORTGAGE TRUST                                                           | CD 2017-CD6 A5                                              | CUSIP: 125039AF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $492526.60    | 0.35%             | 2050-11-15      | Fixed         | 3.46%                 | No            |                  2 | On Loan: No      |
| BANK 2019-BNK23                                                                      | BANK 2019-BN23 A3                                           | CUSIP: 06541RBB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    366000 | PA      | $345221.48    | 0.24%             | 2052-12-17      | Fixed         | 2.92%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | TII 0.125 01/15/32                                          | CUSIP: 91282CDX6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    613500 | PA      | $662700.99    | 0.47%             | 2032-01-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| Altria Group, Inc.                                                                   | MO 4.8 02/14/29                                             | CUSIP: 02209SBD4<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |    110000 | PA      | $110918.56    | 0.08%             | 2029-02-14      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Piedmont Natural Gas Company, Inc.                                                   | DUK 3.5 06/01/29                                            | CUSIP: 720186AL9<br>LEI: VXB4M3BDPKF3I2AZ3G89 | Long             | DBT              | CORP              | US        |     65000 | PA      | $63206.16     | 0.04%             | 2029-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                                | BAC V3.593 07/21/28 GMTN                                    | CUSIP: 06051GGR4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    239000 | PA      | $236491.41    | 0.17%             | 2028-07-21      | Fixed         | 3.59%                 | No            |                  2 | On Loan: No      |
| SEQUOIA MORTGAGE TRUST 2025-12                                                       | SEMT 2025-12 A19                                            | CUSIP: 81749XAU7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    467887 | PA      | $464454.77    | 0.33%             | 2055-12-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD                               | FHR 5475 FG                                                 | CUSIP: 3137HHDJ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    840980 | PA      | $844596.90    | 0.59%             | 2054-11-25      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                       | C V2.561 05/01/32                                           | CUSIP: 172967MY4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     64000 | PA      | $57273.76     | 0.04%             | 2032-05-01      | Fixed         | 2.56%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                 | JPM V4.979 07/22/28                                         | CUSIP: 46647PEL6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    115000 | PA      | $115798.13    | 0.08%             | 2028-07-22      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| MELLO MORTGAGE CAPITAL ACCEPTANCE 2022-INV2                                          | MELLO 2022-INV2 A3                                          | CUSIP: 58549JAF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    870379 | PA      | $754830.16    | 0.53%             | 2052-04-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Bank 2022-BNK42                                                                      | BANK 2022-BNK42 A5                                          | CUSIP: 06541MBN3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    280000 | PA      | $272792.80    | 0.19%             | 2055-06-17      | Variable      | 4.49%                 | No            |                  2 | On Loan: No      |
| APA Corp.                                                                            | APA 4.25 01/15/30 .                                         | CUSIP: 03743QAZ1<br>LEI: 549300VCIWLRHYVSHC79 | Long             | DBT              | CORP              | US        |     82000 | PA      | $80730.21     | 0.06%             | 2030-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| United States Treasury Bonds                                                         | TII 3.625 04/15/28                                          | CUSIP: 912810FD5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    120200 | PA      | $254248.50    | 0.18%             | 2028-04-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Devon Energy Corporation                                                             | DVN 5.25 10/15/27                                           | CUSIP: 25179MBD4<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |     24000 | PA      | $24009.50     | 0.02%             | 2027-10-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                         | TII 2.375 01/15/27                                          | CUSIP: 912810PS1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    158300 | PA      | $259810.98    | 0.18%             | 2027-01-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                       | MS V2.943 01/21/33                                          | CUSIP: 61747YEL5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    341000 | PA      | $306718.19    | 0.22%             | 2033-01-21      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| Cheniere Corpus Christi Holdings, LLC                                                | CHCOCH 5.125 06/30/27                                       | CUSIP: 16412XAG0<br>LEI: 549300I7CIEWU1BBLQ53 | Long             | DBT              | CORP              | US        |    234000 | PA      | $235265.36    | 0.17%             | 2027-06-30      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                            | GS V2.65 10/21/32                                           | CUSIP: 38141GYN8<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    264000 | PA      | $234455.12    | 0.16%             | 2032-10-21      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan, Inc.                                                                  | KMI 5 02/01/29                                              | CUSIP: 494553AD2<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    154000 | PA      | $156346.81    | 0.11%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BENCHMARK 2025-V14 MORTGAGE TRUST                                                    | BMARK 2025-V14 B                                            | CUSIP: 08164BAH3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1035193.60   | 0.73%             | 2057-04-17      | Variable      | 6.39%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FNR 2024-88 DF                                              | CUSIP: 3136BUAR1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    876250 | PA      | $881616.62    | 0.62%             | 2054-12-25      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| L3 Harris Technologies Inc                                                           | LHX 5.25 06/01/31                                           | CUSIP: 502431AT6<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |      9000 | PA      | $9212.06      | 0.01%             | 2031-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| OBX 2025-J2 Trust                                                                    | OBX 2025-J2 A19                                             | CUSIP: 67122EAW1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    235508 | PA      | $233678.99    | 0.16%             | 2055-09-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| CASCADES INC / CASCADES USA INC                                                      | CASCN 5.375 01/15/28 144A                                   | CUSIP: 14739LAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     85000 | PA      | $84200.91     | 0.06%             | 2028-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT TRUST 2025-4                                                          | PAID 2025-4 B                                               | CUSIP: 69547DAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1549945 | PA      | $1557240.51   | 1.09%             | 2033-01-18      | Fixed         | 5.69%                 | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                                                      | TDG 6.375 03/01/29 144A                                     | CUSIP: 893647BU0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    185000 | PA      | $188683.90    | 0.13%             | 2029-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Extended Stay America Trust 2026-ESH2                                                | ESA 2026-ESH2 C                                             | CUSIP: 30227WAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    495340 | PA      | $496940.52    | 0.35%             | 2043-02-18      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                                | BAC V3.419 12/20/28                                         | CUSIP: 06051GHD4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    214000 | PA      | $210302.54    | 0.15%             | 2028-12-20      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                                                 | GLENLN 6.375 10/06/30 144A                                  | CUSIP: 378272BP2<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |     63000 | PA      | $66859.82     | 0.05%             | 2030-10-06      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| TRANSCONTINENTAL GAS PIPELINE COMPANY LLC                                            | WMB 4 03/15/28                                              | CUSIP: 893574AK9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     24000 | PA      | $23837.80     | 0.02%             | 2028-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                       | MS V5.192 04/17/31                                          | CUSIP: 61747YFZ3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     90000 | PA      | $91362.18     | 0.06%             | 2031-04-17      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                                | BAC V3.705 04/24/28                                         | CUSIP: 06051GGL7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     97000 | PA      | $96283.96     | 0.07%             | 2028-04-24      | Fixed         | 3.71%                 | No            |                  2 | On Loan: No      |
| Match Group Holdings II LLC                                                          | MTCHII 5 12/15/27 144A                                      | CUSIP: 57665RAG1<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |    185000 | PA      | $184348.82    | 0.13%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | T 3.5 03/15/29                                              | CUSIP: 91282CQE4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    260000 | PA      | $257714.84    | 0.18%             | 2029-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2024-AIRC                                               | BX 2024-AIRC A                                              | CUSIP: 12433CAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     91061 | PA      | $91262.79     | 0.06%             | 2041-08-15      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                       | MS V2.511 10/20/32 MTN                                      | CUSIP: 61747YEH4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     52000 | PA      | $45931.25     | 0.03%             | 2032-10-20      | Fixed         | 2.51%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | TII 0.125 01/15/31                                          | CUSIP: 91282CBF7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    522300 | PA      | $613736.56    | 0.43%             | 2031-01-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | TII 2.375 10/15/28                                          | CUSIP: 91282CJH5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    614800 | PA      | $676081.28    | 0.47%             | 2028-10-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Duke Energy Carolinas LLC                                                            | DUK 4.95 01/15/33                                           | CUSIP: 26442CBJ2<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    117000 | PA      | $118827.34    | 0.08%             | 2033-01-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                         | TII 2.5 01/15/29                                            | CUSIP: 912810PZ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    142600 | PA      | $224155.10    | 0.16%             | 2029-01-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | TII 1.125 01/15/33                                          | CUSIP: 91282CGK1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    667200 | PA      | $701906.54    | 0.49%             | 2033-01-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| DB Master Finance LLC                                                                | DNKN 2025-1A A2I                                            | CUSIP: 233046AU5<br>LEI: 549300F17UZJL70BPB08 | Long             | ABS-O            | CORP              | US        |   1296750 | PA      | $1287343.12   | 0.90%             | 2055-08-20      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT GRANTOR TRUST 2025-3                                                  | PAID 2025-3 A2                                              | CUSIP: 69544TAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1104774 | PA      | $1110698.99   | 0.78%             | 2032-12-15      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| SREIT COMMERCIAL MORTGAGE TRUST 202                                                  | SREIT 2021-MFP2 B                                           | CUSIP: 85236WCG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    750000 | PA      | $749690.10    | 0.53%             | 2036-11-17      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                                          | 5-Year T-Note Futures, Jun-2026,ETH                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |      -178 | NC      | $232254.32    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| PRKCM 2022-AFC2 TRUST                                                                | PRKCM 2022-AFC2 A1                                          | CUSIP: 69377TAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     61208 | PA      | $61072.78     | 0.04%             | 2057-08-25      | Variable      | 5.33%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                 | JPM V5.012 01/23/30                                         | CUSIP: 46647PEB8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    171000 | PA      | $173416.74    | 0.12%             | 2030-01-23      | Fixed         | 5.01%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                       | MS V4.356 10/22/31 I                                        | CUSIP: 61748UAM4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    245000 | PA      | $240153.72    | 0.17%             | 2031-10-22      | Fixed         | 4.36%                 | No            |                  2 | On Loan: No      |
| NAVIENT PRIVATE EDUCATION LOAN TRUST 2019-B                                          | NAVSL 2019-BA A2A                                           | CUSIP: 63941LAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     52070 | PA      | $51313.04     | 0.04%             | 2059-12-15      | Fixed         | 3.39%                 | No            |                  2 | On Loan: No      |
| NGPL Pipe Co LLC                                                                     | NGPLCO 3.25 07/15/31 144A                                   | CUSIP: 62928CAA0<br>LEI: 549300K3NT1HSQFEM073 | Long             | DBT              | CORP              | US        |    106000 | PA      | $97510.03     | 0.07%             | 2031-07-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                                                            | IRS IFS USD                                                 | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |         1 | NC      | $95719.67     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust 2025-R03                                         | CAS 2025-R02 1B1                                            | CUSIP: 20754TAH5<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |   1000000 | PA      | $1002151.40   | 0.70%             | 2045-02-27      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| Williams Scotsman International Inc                                                  | WLSC 4.625 08/15/28 144A                                    | CUSIP: 96950GAE2<br>LEI: 549300V3TCHCBOBTGH07 | Long             | DBT              | CORP              | US        |    185000 | PA      | $182121.49    | 0.13%             | 2028-08-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Broadcom Inc                                                                         | AVGO 5.15 11/15/31                                          | CUSIP: 11135FBY6<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     65000 | PA      | $66695.68     | 0.05%             | 2031-11-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Gartner Inc.                                                                         | IT 4.5 07/01/28 144A                                        | CUSIP: 366651AC1<br>LEI: PP55B5R38BFB8O8HH686 | Long             | DBT              | CORP              | US        |    288000 | PA      | $283239.92    | 0.20%             | 2028-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Gartner Inc.                                                                         | IT 3.625 06/15/29 144A                                      | CUSIP: 366651AG2<br>LEI: PP55B5R38BFB8O8HH686 | Long             | DBT              | CORP              | US        |    101000 | PA      | $95046.97     | 0.07%             | 2029-06-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                            | GS V4.692 10/23/30                                          | CUSIP: 38141GB60<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     65000 | PA      | $65063.56     | 0.05%             | 2030-10-23      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                 | JPM V2.522 04/22/31                                         | CUSIP: 46647PBL9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     51000 | PA      | $47141.78     | 0.03%             | 2031-04-22      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| BBCMS MORTGAGE TRUST 2019-C3                                                         | BBCMS 2019-C3 B                                             | CUSIP: 05550MAY0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    300000 | PA      | $279494.04    | 0.20%             | 2052-05-17      | Variable      | 4.10%                 | No            |                  2 | On Loan: No      |
| FS RIALTO 2025-FL10 ISSUER LLC                                                       | FSRIA 2025-FL10 A                                           | CUSIP: 30340KAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    750000 | PA      | $750019.39    | 0.53%             | 2042-08-19      | Floating      | 5.06%                 | No            |                  2 | On Loan: No      |
| AREIT 2024-CRE9 LTD                                                                  | AREIT 2024-CRE9 A                                           | CUSIP: 00193AAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     47455 | PA      | $47458.78     | 0.03%             | 2041-05-17      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| Crown Castle Inc.                                                                    | CCI 3.65 09/01/27                                           | CUSIP: 22822VAH4<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |     91000 | PA      | $89938.55     | 0.06%             | 2027-09-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Celanese US Holdings Llc                                                             | CE 6.85 11/15/28                                            | CUSIP: 15089QAW4<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    185000 | PA      | $192499.05    | 0.14%             | 2028-11-15      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| CBAM 2021-15 LLC                                                                     | CBAMR 2021-15A BR                                           | CUSIP: 149918AG9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    700000 | PA      | $698161.10    | 0.49%             | 2038-01-20      | Variable      | 5.24%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | T 3.875 03/31/28                                            | CUSIP: 91282CQH7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    168900 | PA      | $169157.31    | 0.12%             | 2028-03-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Equinix, Inc.                                                                        | EQIX 2.5 05/15/31                                           | CUSIP: 29444UBS4<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              | CORP              | US        |     36000 | PA      | $32146.68     | 0.02%             | 2031-05-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                                                            | IRS IFS USD                                                 | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |         1 | NC      | $185240.86    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Targa Resources Corp.                                                                | TRGP 5.2 07/01/27                                           | CUSIP: 87612KAA0<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |    209000 | PA      | $210711.71    | 0.15%             | 2027-07-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| American Honda Finance Corporation                                                   | American Honda Finance Corporation 0% CP 16/04/2026         | CUSIP: 02665KDG9<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | STIV             | CORP              | US        |    480000 | PA      | $479151.41    | 0.34%             | 2026-04-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Wendys Funding Llc                                                                   | WEN 2021-1A A2II                                            | CUSIP: 95058XAL2<br>LEI: 5493009DRVSTWJOXUL48 | Long             | ABS-O            | CORP              | US        |    532443 | PA      | $471079.40    | 0.33%             | 2051-06-15      | Fixed         | 2.77%                 | No            |                  2 | On Loan: No      |
| HPS LOAN MANAGEMENT 2025-25 LTD                                                      | HLM 2025-25A A                                              | CUSIP: 442918AA6<br>LEI: 213800PNU72QWYZJ2330 | Long             | ABS-CBDO         | CORP              | KY        |    900000 | PA      | $901289.70    | 0.63%             | 2038-07-26      | Variable      | 5.10%                 | No            |                  2 | On Loan: No      |
| VICI Properties LP                                                                   | VICI 4.75 02/15/28                                          | CUSIP: 925650AB9<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |    590000 | PA      | $590756.16    | 0.41%             | 2028-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | TII 1.375 07/15/33                                          | CUSIP: 91282CHP9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    671200 | PA      | $702917.54    | 0.49%             | 2033-07-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                         | TII 3.375 04/15/32                                          | CUSIP: 912810FQ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     55000 | PA      | $111240.55    | 0.08%             | 2032-04-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                                          | Ultra U.S. Treasury Bond Futures, Jun-2026,ETH              | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |         7 | NC      | $-30140.54    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Associated Banc-Corp                                                                 | ASB V6.455 08/29/30                                         | CUSIP: 045487AD7<br>LEI: 549300N3CIN473IW5094 | Long             | DBT              | CORP              | US        |     90000 | PA      | $92140.44     | 0.06%             | 2030-08-29      | Fixed         | 6.46%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                       | MS V5.164 04/20/29 MTN                                      | CUSIP: 61747YFD2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    230000 | PA      | $232685.80    | 0.16%             | 2029-04-20      | Fixed         | 5.16%                 | No            |                  2 | On Loan: No      |
| Tenneco LLC                                                                          | TENINC 8 11/17/28 144A                                      | CUSIP: 880349AU9<br>LEI: 549300U0EXXFAQFAD785 | Long             | DBT              | CORP              | US        |    185000 | PA      | $184454.86    | 0.13%             | 2028-11-17      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Duke Energy Ohio Inc.                                                                | DUK 3.65 02/01/29                                           | CUSIP: 26442EAF7<br>LEI: L6KC0HABGHNFU1Z6QY21 | Long             | DBT              | CORP              | US        |     38000 | PA      | $37347.84     | 0.03%             | 2029-02-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                                | BAC V1.734 07/22/27                                         | CUSIP: 06051GJS9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    359000 | PA      | $356018.07    | 0.25%             | 2027-07-22      | Fixed         | 1.73%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                       | MS V5.173 01/16/30                                          | CUSIP: 61747YFK6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     70000 | PA      | $70996.06     | 0.05%             | 2030-01-16      | Fixed         | 5.17%                 | No            |                  2 | On Loan: No      |
| McGraw-Hill Education Inc.                                                           | MHED 5.75 08/01/28 144A                                     | CUSIP: 57767XAA8<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |    185000 | PA      | $183060.90    | 0.13%             | 2028-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Equinix, Inc.                                                                        | EQIX 2.15 07/15/30                                          | CUSIP: 29444UBH8<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              | CORP              | US        |    100000 | PA      | $89907.09     | 0.06%             | 2030-07-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| NRG Energy, Inc.                                                                     | NRG 4.45 06/15/29 144A                                      | CUSIP: 629377CL4<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     68000 | PA      | $67253.57     | 0.05%             | 2029-06-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| BBCMS MORTGAGE TRUST 2019-C4                                                         | BBCMS 2019-C4 B                                             | CUSIP: 07335CAH7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    280000 | PA      | $246037.29    | 0.17%             | 2052-08-16      | Fixed         | 3.32%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                                    | WFC V5.574 07/25/29 MTN                                     | CUSIP: 95000U3E1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    197000 | PA      | $201547.35    | 0.14%             | 2029-07-25      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| LCM 36 LTD                                                                           | LCM 36A A1R                                                 | CUSIP: 50190LAL2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    350000 | PA      | $349272.35    | 0.25%             | 2034-01-17      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                            | GS V5.727 04/25/30                                          | CUSIP: 38141GA87<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    225000 | PA      | $232171.65    | 0.16%             | 2030-04-25      | Fixed         | 5.73%                 | No            |                  2 | On Loan: No      |
| TEXTAINER MARINE CONTAINERS VII LIM                                                  | TMCL 2024-1A A                                              | CUSIP: 88316AAA9<br>LEI: 549300X48KLHDDGPK024 | Long             | ABS-O            | CORP              | BM        |    257725 | PA      | $256913.78    | 0.18%             | 2049-08-20      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST 2026-R02                                         | CAS 2026-R02 1M2                                            | CUSIP: 20753EAD8<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |    500000 | PA      | $503207.20    | 0.35%             | 2046-02-26      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| Constellation Energy Generation LLC                                                  | Constellation Energy Generation LLC 0% CP 22/05/2026        | CUSIP: 21038QEN0<br>LEI: S2PEWKCZFFECR4533P43 | Long             | STIV             | CORP              | US        |    400000 | PA      | $397395.76    | 0.28%             | 2026-05-22      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc.                                                          | VZ 2.355 03/15/32                                           | CUSIP: 92343VGN8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    272000 | PA      | $237514.53    | 0.17%             | 2032-03-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | TII 0.375 01/15/27                                          | CUSIP: 912828V49<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    373600 | PA      | $504063.48    | 0.35%             | 2027-01-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| INTOWN 2025-STAY MORTGAGE TRUST                                                      | TOWN 2025-STAY C                                            | CUSIP: 46117WAE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1000111.00   | 0.70%             | 2042-03-17      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| EQT Corporation                                                                      | EQT 3.625 05/15/31 144A                                     | CUSIP: 26884LAN9<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    194000 | PA      | $181164.11    | 0.13%             | 2031-05-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                                          | 10-Year T-Note Futures, Jun-2026,ETH                        | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       -39 | NC      | $-20799.48    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy Inc                                                               | FANG 3.125 03/24/31                                         | CUSIP: 25278XAR0<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |    503000 | PA      | $466561.21    | 0.33%             | 2031-03-24      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                 | JPM V1.953 02/04/32                                         | CUSIP: 46647PBX3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    397000 | PA      | $349665.69    | 0.25%             | 2032-02-04      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Venture Global LNG Inc.                                                              | VENLNG 8.125 06/01/28 144A                                  | CUSIP: 92332YAA9<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    185000 | PA      | $189294.96    | 0.13%             | 2028-06-01      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                      | CVS 1.75 08/21/30                                           | CUSIP: 126650DN7<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    295000 | PA      | $260294.71    | 0.18%             | 2030-08-21      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| American Tower Corporation                                                           | AMT 4.05 03/15/32                                           | CUSIP: 03027XBW9<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |     23000 | PA      | $22047.15     | 0.02%             | 2032-03-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| EXTENDED STAY AMERICA TRUST 2025-ESH                                                 | ESA 2025-ESH A                                              | CUSIP: 30227TAA8<br>LEI: 549300IESZBC3BJUJW64 | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1001313.20   | 0.70%             | 2042-10-15      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                            | GS V1.948 10/21/27                                          | CUSIP: 38141GYM0<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    338000 | PA      | $333415.41    | 0.23%             | 2027-10-21      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| MTN COMMERCIAL MORTGAGE TRUST 2022-LPFL                                              | MTN 2022-LPFL A                                             | CUSIP: 62475WAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    215000 | PA      | $214938.23    | 0.15%             | 2039-03-15      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| Targa Resources Partners LP/Targa Resources Finance Corp.                            | TRGP 5 01/15/28                                             | CUSIP: 87612BBG6<br>LEI: 6OQWTZ1SPC04IFT4T704 | Long             | DBT              | CORP              | US        |    222000 | PA      | $221968.03    | 0.16%             | 2028-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Diamondback Energy Inc                                                               | FANG 3.5 12/01/29                                           | CUSIP: 25278XAN9<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |    243000 | PA      | $234541.78    | 0.16%             | 2029-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Outfront Media Capital LLC / Outfront Media Capital Corp                             | OUT 5 08/15/27 144A                                         | CUSIP: 69007TAB0<br>LEI: 5493005WC7J0FDMW0610 | Long             | DBT              | CORP              | US        |    185000 | PA      | $184682.28    | 0.13%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NXP B V / NXP Funding LLC & NXP USA Inc                                              | NXPI 2.5 05/11/31                                           | CUSIP: 62954HBA5<br>LEI: 724500RKKW4NOJ9YQF60 | Long             | DBT              | CORP              | NL        |     30000 | PA      | $26985.45     | 0.02%             | 2031-05-11      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                            | GS V4.516 01/21/32                                          | CUSIP: 38145GAR1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    170000 | PA      | $167458.86    | 0.12%             | 2032-01-21      | Fixed         | 4.52%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                                                 | GLENLN 6.125 10/06/28 144A                                  | CUSIP: 378272BN7<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |     43000 | PA      | $44511.12     | 0.03%             | 2028-10-06      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| American Tower Corporation                                                           | AMT 5.8 11/15/28                                            | CUSIP: 03027XCE8<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |     18000 | PA      | $18565.66     | 0.01%             | 2028-11-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                       | MS V5.656 04/18/30                                          | CUSIP: 61747YFQ3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    197000 | PA      | $202688.83    | 0.14%             | 2030-04-18      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| EQT Corporation                                                                      | EQT 3.9 10/01/27                                            | CUSIP: 26884LAF6<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    314000 | PA      | $310273.88    | 0.22%             | 2027-10-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                         | TII 0.25 02/15/50                                           | CUSIP: 912810SM1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    187600 | PA      | $134515.49    | 0.09%             | 2050-02-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| Toyota Motor Credit Corp.                                                            | TOYOTA 4.55 08/09/29                                        | CUSIP: 89236TMK8<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     80000 | PA      | $80500.23     | 0.06%             | 2029-08-09      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Elevation CLO 2021-13 Ltd.                                                           | AWPT 2021-13A C1R                                           | CUSIP: 28622EAY4<br>LEI: 549300YZ3RIOTSOP0V95 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $993706.00    | 0.70%             | 2034-07-17      | Variable      | 5.67%                 | No            |                  2 | On Loan: No      |
| BAMLL COMMERCIAL MORTGAGE SECURITIES TRUST 2016-ASHF                                 | BAMLL 2025-ASHF A                                           | CUSIP: 05494CAA3<br>LEI: 549300MWBLMUUG6B8094 | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1495851.90   | 1.05%             | 2042-02-18      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| EQT Corporation                                                                      | EQT 7 02/01/30                                              | CUSIP: 26884LAG4<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |     18000 | PA      | $19263.96     | 0.01%             | 2030-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| SOUND POINT CLO XXIX LTD                                                             | SNDPT 2021-1A B1R                                           | CUSIP: 83614VAW5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $495732.50    | 0.35%             | 2034-04-25      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| SDAL TRUST 2025-DAL                                                                  | SDAL 2025-DAL A                                             | CUSIP: 78437RAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1004311.80   | 0.71%             | 2042-04-15      | Floating      | 6.11%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                         | TII 0.125 02/15/52                                          | CUSIP: 912810TE8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    241700 | PA      | $146783.48    | 0.10%             | 2052-02-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| Texas Eastern Transmission, L.P.                                                     | SEP 3.5 01/15/28 144A                                       | CUSIP: 882384AD2<br>LEI: 549300SIOULUXXIDGA69 | Long             | DBT              | CORP              | US        |     34000 | PA      | $33441.27     | 0.02%             | 2028-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Targa Resources Partners LP/Targa Resources Finance Corp.                            | TRGP 4.875 02/01/31                                         | CUSIP: 87612BBS0<br>LEI: 6OQWTZ1SPC04IFT4T704 | Long             | DBT              | CORP              | US        |    153000 | PA      | $152818.46    | 0.11%             | 2031-02-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | TII 0.125 07/15/30                                          | CUSIP: 912828ZZ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    499200 | PA      | $603000.40    | 0.42%             | 2030-07-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                       | MS V2.699 01/22/31 GMTN                                     | CUSIP: 6174468L6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    123000 | PA      | $114239.21    | 0.08%             | 2031-01-22      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| CHASE HOME LENDING MORTGAGE TRUST 2026-CINV1                                         | CHASE 2026-CINV1 A9B                                        | CUSIP: 161923BS5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    492956 | PA      | $482839.42    | 0.34%             | 2057-01-25      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| JERSEY MIKE'S FUNDING LLC                                                            | JMIKE 2025-1A A2                                            | CUSIP: 476681AE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1343250 | PA      | $1365626.40   | 0.96%             | 2055-08-15      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| CLOVER CLO 2021-1 LLC                                                                | FTGPK 2025-2A CR                                            | CUSIP: 18914KAE2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $995871.00    | 0.70%             | 2034-04-24      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                         | TII 1.5 02/15/53                                            | CUSIP: 912810TP3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    226500 | PA      | $190184.77    | 0.13%             | 2053-02-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| MOSAIC SOLAR LOAN TRUST 2025-1                                                       | MSAIC 2025-1A A                                             | CUSIP: 61945HAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    325085 | PA      | $321527.84    | 0.23%             | 2050-08-22      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| SONIC CAPITAL LLC                                                                    | SONIC 2020-1A A2I                                           | CUSIP: 83546DAG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    566500 | PA      | $561169.46    | 0.39%             | 2050-01-20      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                         | TII 3.875 04/15/29                                          | CUSIP: 912810FH6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    139300 | PA      | $297405.54    | 0.21%             | 2029-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| GLP Capital L.P. and GLP Financing II, Inc.                                          | GLPI 5.3 01/15/29                                           | CUSIP: 361841AL3<br>LEI: 2549005PXW31DRW8EC44 | Long             | DBT              | CORP              | US        |    234000 | PA      | $236737.33    | 0.17%             | 2029-01-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: —       |
| SOFI PROFESSIONAL LOAN PROGRAM 2021-B TRUST                                          | SOFI 2021-B AFX                                             | CUSIP: 83405NAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1035815 | PA      | $930054.27    | 0.65%             | 2047-02-15      | Fixed         | 1.14%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                       | MS V5.042 07/19/30                                          | CUSIP: 61747YFS9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    233000 | PA      | $235741.38    | 0.17%             | 2030-07-19      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| American Tower Corporation                                                           | AMT 2.3 09/15/31                                            | CUSIP: 03027XBS8<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |     33000 | PA      | $29069.15     | 0.02%             | 2031-09-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                                                 | GLENLN 3.875 10/27/27 144A                                  | CUSIP: 378272AQ1<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |     65000 | PA      | $64406.78     | 0.05%             | 2027-10-27      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SOFI CONSUMER LOAN PROGRAM                                                           | SCLP 2025-1 C                                               | CUSIP: 83406YAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $506420.25    | 0.36%             | 2034-02-27      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Institutional Liquidity Funds                                         | Morgan Stanley Institutional Liquidity Funds GOVT PTF INSTL | CUSIP: 61747C707<br>LEI: 5493000A332Y142SOW84 | Long             | STIV             | RF                | US        |   1247000 | NS      | $1247000.00   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury Notes                                                         | TII 1.625 04/15/30                                          | CUSIP: 91282CNB3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    702800 | PA      | $725507.88    | 0.51%             | 2030-04-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | TII 1.625 10/15/27                                          | CUSIP: 91282CFR7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    584400 | PA      | $651823.20    | 0.46%             | 2027-10-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC                                                                | DTV 5.875 08/15/27 144A                                     | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    175000 | PA      | $174923.21    | 0.12%             | 2027-08-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | TII 1.25 04/15/28                                           | CUSIP: 91282CGW5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    583000 | PA      | $634824.61    | 0.45%             | 2028-04-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                                                   | BX 2025-GW A                                                | CUSIP: 12433GAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    600000 | PA      | $601097.52    | 0.42%             | 2042-07-15      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                         | TII 2.375 02/15/55                                          | CUSIP: 912810UH9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    251000 | PA      | $240716.54    | 0.17%             | 2055-02-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| O'Reilly Automotive Inc.                                                             | ORLY 3.6 09/01/27                                           | CUSIP: 67103HAF4<br>LEI: 549300K2RLMQL149Q332 | Long             | DBT              | CORP              | US        |    240000 | PA      | $237623.82    | 0.17%             | 2027-09-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust 2025-DWHP                                      | WFCM 2025-DWHP A                                            | CUSIP: 95004EAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1005408.40   | 0.71%             | 2038-04-15      | Variable      | 6.01%                 | No            |                  2 | On Loan: No      |
| General Mills, Inc.                                                                  | General Mills, Inc. 0% CP 06/04/2026                        | CUSIP: 3703E1D62<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | STIV             | CORP              | US        |    500000 | PA      | $499677.75    | 0.35%             | 2026-04-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2024-MDHS                                               | BX 2024-MDHS A                                              | CUSIP: 12433BAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    152392 | PA      | $152570.89    | 0.11%             | 2041-05-15      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD                               | FHR 5483 FD                                                 | CUSIP: 3137HHNF4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    520521 | PA      | $523968.15    | 0.37%             | 2054-12-25      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                 | JPM V2.947 02/24/28                                         | CUSIP: 46647PCW4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    240000 | PA      | $237014.58    | 0.17%             | 2028-02-24      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Broadcom Inc                                                                         | AVGO 5.05 07/12/29                                          | CUSIP: 11135FBX8<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     90000 | PA      | $91876.64     | 0.06%             | 2029-07-12      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| DAIWA CAPITAL MARKETS AMERICA INC.                                                   | DAIWA CAPITAL MARKETS AMERICA INC                           | CUSIP: 000000000<br>LEI: M67H5PRC0NQKM73ZAS82 | Long             | RA               | CORP              | US        |     20434 | PA      | $20434.00     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2023-B                                              | SMB 2023-B A1A                                              | CUSIP: 78449HAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    218286 | PA      | $218926.17    | 0.15%             | 2056-10-16      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2023-A                                              | SMB 2023-A B                                                | CUSIP: 78450QAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    700000 | PA      | $709893.94    | 0.50%             | 2053-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust 2022-NQM3                                            | BRAVO 2023-NQM3 A1                                          | CUSIP: 10568EAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    203485 | PA      | $203326.25    | 0.14%             | 2062-09-25      | Variable      | 4.85%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                         | TII 0.75 02/15/45                                           | CUSIP: 912810RL4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    264100 | PA      | $262357.62    | 0.18%             | 2045-02-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Sabine Pass Liquefaction, LLC                                                        | SPLLLC 4.2 03/15/28                                         | CUSIP: 785592AU0<br>LEI: 549300KJYBG7C6WJYZ11 | Long             | DBT              | CORP              | US        |    239000 | PA      | $238098.50    | 0.17%             | 2028-03-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| ARBOR REALTY COMMERCIAL REAL ESTATE NOTES 2025-FL1 LLC                               | ARCREN 2025-FL1 A                                           | CUSIP: 03881KAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    750000 | PA      | $748972.65    | 0.53%             | 2043-01-21      | Floating      | 5.03%                 | No            |                  2 | On Loan: No      |
| HCA Inc.                                                                             | HCA 5.45 04/01/31                                           | CUSIP: 404119CT4<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    139000 | PA      | $142504.73    | 0.10%             | 2031-04-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Nexstar Media Inc.                                                                   | NXST 5.625 07/15/27 144A                                    | CUSIP: 65343HAA9<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |    185000 | PA      | $185081.29    | 0.13%             | 2027-07-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                       | MS V5.664 04/17/36                                          | CUSIP: 61747YGA7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |      9000 | PA      | $9221.61      | 0.01%             | 2036-04-17      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST 2022-INV3                                                 | JPMMT 2022-INV3 A3B                                         | CUSIP: 46593FAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    713087 | PA      | $620662.26    | 0.44%             | 2052-09-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                                                                   | VICI 4.125 08/15/30 144A                                    | CUSIP: 92564RAE5<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |    180000 | PA      | $172437.16    | 0.12%             | 2030-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | TII 0.625 07/15/32                                          | CUSIP: 91282CEZ0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    665100 | PA      | $702718.59    | 0.49%             | 2032-07-15      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                       | MS V5.449 07/20/29                                          | CUSIP: 61747YFF7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    266000 | PA      | $270781.79    | 0.19%             | 2029-07-20      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Ocean Trails Clo Xi Ltd / Ocean Trails Clo Xi Llc                                    | OCTR 2021-11A C1R                                           | CUSIP: 67514VAQ2<br>LEI: 549300E51CF32RJNO651 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $987354.00    | 0.69%             | 2034-07-20      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC.                                                               | FABSJV 6.15 01/25/32                                        | CUSIP: 350930AC7<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    200000 | PA      | $208946.26    | 0.15%             | 2032-01-25      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Darling Ingredients, Inc                                                             | DAR 5.25 04/15/27 144A                                      | CUSIP: 237266AH4<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | DBT              | CORP              | US        |    185000 | PA      | $185149.07    | 0.13%             | 2027-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2012-LC5                                       | WFCM 2025-VTT B                                             | CUSIP: 94990GAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1200000 | PA      | $1202676.72   | 0.84%             | 2038-03-17      | Variable      | 5.68%                 | No            |                  2 | On Loan: No      |
| Equinix, Inc.                                                                        | EQIX 2 05/15/28                                             | CUSIP: 29444UBR6<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              | CORP              | US        |    221000 | PA      | $210557.21    | 0.15%             | 2028-05-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                         | TII 1 02/15/46                                              | CUSIP: 912810RR1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    135800 | PA      | $138411.77    | 0.10%             | 2046-02-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                            | GS V6.484 10/24/29                                          | CUSIP: 38141GA46<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     91000 | PA      | $95212.73     | 0.07%             | 2029-10-24      | Fixed         | 6.48%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FNR 2024-103 FM                                             | CUSIP: 3136BUQK9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    634594 | PA      | $641032.67    | 0.45%             | 2055-01-25      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| Sirius Xm Radio LLC                                                                  | SIRI 5 08/01/27 144A                                        | CUSIP: 82967NBA5<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    141000 | PA      | $140888.48    | 0.10%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                                                            | IRS IFS USD                                                 | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |         1 | NC      | $149055.25    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Hewlett Packard Enterprise Co.                                                       | HPE 5.25 07/01/28                                           | CUSIP: 42824CBP3<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |      9000 | PA      | $9137.58      | 0.01%             | 2028-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MGM Resorts International                                                            | MGM 4.75 10/15/28                                           | CUSIP: 552953CH2<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |    185000 | PA      | $181636.07    | 0.13%             | 2028-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                         | TII 0.875 02/15/47                                          | CUSIP: 912810RW0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    168600 | PA      | $161299.26    | 0.11%             | 2047-02-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                         | TII 0.625 02/15/43                                          | CUSIP: 912810RA8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    173800 | PA      | $181338.84    | 0.13%             | 2043-02-15      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| FS TRUST 2026-HULA                                                                   | FS 2026-HULA A                                              | CUSIP: 30345AAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    750000 | PA      | $750953.10    | 0.53%             | 2041-03-15      | Variable      | 5.13%                 | No            |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust 2024-R04                                         | CAS 2024-R04 1M2                                            | CUSIP: 20753GAC5<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |    500000 | PA      | $499989.20    | 0.35%             | 2044-05-25      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                         | TII 0.75 02/15/42                                           | CUSIP: 912810QV3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    207800 | PA      | $230690.27    | 0.16%             | 2042-02-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                 | JPM V1.47 09/22/27                                          | CUSIP: 46647PCP9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    359000 | PA      | $354115.16    | 0.25%             | 2027-09-22      | Fixed         | 1.47%                 | No            |                  2 | On Loan: No      |
| Altria Group, Inc.                                                                   | MO 6.2 11/01/28                                             | CUSIP: 02209SBQ5<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |    160000 | PA      | $166940.17    | 0.12%             | 2028-11-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| BAY 2025-LIVN MORTGAGE TRUST                                                         | BAY 2025-LIVN A                                             | CUSIP: 072925AA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $996456.50    | 0.70%             | 2035-05-15      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| REACH ABS TRUST 2022-2                                                               | REACH 2025-2A B                                             | CUSIP: 75525QAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1313000 | PA      | $1315879.54   | 0.92%             | 2032-08-18      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                       | MS V4.133 10/18/29 I                                        | CUSIP: 61748UAK8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    120000 | PA      | $118632.30    | 0.08%             | 2029-10-18      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| REACH ABS TRUST 2025-1                                                               | REACH 2025-1A A                                             | CUSIP: 75525PAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     81899 | PA      | $82042.50     | 0.06%             | 2032-08-16      | Fixed         | 4.96%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                         | TII 2.125 02/15/54                                          | CUSIP: 912810TY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    243900 | PA      | $228151.16    | 0.16%             | 2054-02-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| BASF SE                                                                              | BASF SE 0% CP 29/06/2026                                    | CUSIP: 05526MFV2<br>LEI: 529900PM64WH8AF1E917 | Long             | STIV             | CORP              | DE        |   2000000 | PA      | $1979500.00   | 1.39%             | 2026-06-29      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Crown Castle Inc.                                                                    | CCI 2.25 01/15/31                                           | CUSIP: 22822VAT8<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |    112000 | PA      | $98958.54     | 0.07%             | 2031-01-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| The Chemours Company LLC                                                             | CC 5.75 11/15/28 144A                                       | CUSIP: 163851AF5<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |    139000 | PA      | $137737.12    | 0.10%             | 2028-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                 | JPM V4.995 07/22/30                                         | CUSIP: 46647PEJ1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    279000 | PA      | $283126.21    | 0.20%             | 2030-07-22      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| American Express Company                                                             | AXP V5.043 07/26/28                                         | CUSIP: 025816DV8<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |     60000 | PA      | $60527.28     | 0.04%             | 2028-07-26      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                             | GNR 2025-89 FB                                              | CUSIP: 38385GKJ7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    720255 | PA      | $727290.60    | 0.51%             | 2055-05-20      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                       | C V3.98 03/20/30                                            | CUSIP: 172967ME8<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    120000 | PA      | $118092.40    | 0.08%             | 2030-03-20      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| CLI FUNDING VIII LLC                                                                 | CLIF 2021-1A A                                              | CUSIP: 12565KAA5<br>LEI: 254900Z4P82YK31RVL27 | Long             | ABS-O            | CORP              | US        |   1344072 | PA      | $1247626.77   | 0.88%             | 2046-02-18      | Fixed         | 1.64%                 | No            |                  2 | On Loan: No      |
| MF1 2021-FL7 LTD                                                                     | MF1 2021-FL7 A                                              | CUSIP: 55284AAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    307690 | PA      | $307516.81    | 0.22%             | 2036-10-21      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| Energizer Holdings Inc                                                               | ENR 4.375 03/31/29 144A                                     | CUSIP: 29272WAD1<br>LEI: 5493000D6NN0V57UME20 | Long             | DBT              | CORP              | US        |    185000 | PA      | $176156.85    | 0.12%             | 2029-03-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| HCA Inc.                                                                             | HCA 3.5 09/01/30                                            | CUSIP: 404119CA5<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     97000 | PA      | $92145.05     | 0.06%             | 2030-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| American Tower Corporation                                                           | AMT 5.2 02/15/29                                            | CUSIP: 03027XCG3<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |    110000 | PA      | $111905.50    | 0.08%             | 2029-02-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Jgwpt Xxix Llc                                                                       | HENDR 2013-2A A                                             | CUSIP: 46617JAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    534100 | PA      | $508076.74    | 0.36%             | 2062-03-15      | Fixed         | 4.21%                 | No            |                  2 | On Loan: No      |
| EQT Corporation                                                                      | EQT 5.7 04/01/28                                            | CUSIP: 26884LAQ2<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    235000 | PA      | $240525.25    | 0.17%             | 2028-04-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | TII 0.25 07/15/29                                           | CUSIP: 9128287D6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    402500 | PA      | $497909.87    | 0.35%             | 2029-07-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                                          | 2-Year T-Note Futures, Jun-2026,ETH                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |      -133 | NC      | $196997.92    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| SCG Commercial Mortgage Trust 2025-DLFN                                              | SCG 2025-DLFN B                                             | CUSIP: 78398EAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $998890.00    | 0.70%             | 2035-03-15      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp                                                                     | DUK 3.15 08/15/27                                           | CUSIP: 26441CAX3<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    241000 | PA      | $237466.24    | 0.17%             | 2027-08-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                 | JPM V4.505 10/22/28                                         | CUSIP: 46647PEP7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     90000 | PA      | $90005.27     | 0.06%             | 2028-10-22      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                 | JPM V5.581 04/22/30                                         | CUSIP: 46647PEG7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     69000 | PA      | $71125.89     | 0.05%             | 2030-04-22      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| Targa Resources Partners LP/Targa Resources Finance Corp.                            | TRGP 4 01/15/32                                             | CUSIP: 87612BBU5<br>LEI: 6OQWTZ1SPC04IFT4T704 | Long             | DBT              | CORP              | US        |     29000 | PA      | $27496.29     | 0.02%             | 2032-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NELNET STUDENT LOAN TRUST 2025-D                                                     | NSLT 2025-DA A1A                                            | CUSIP: 639931AA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    562405 | PA      | $555921.28    | 0.39%             | 2054-08-20      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD                               | FHR 5460 FH                                                 | CUSIP: 3137HH4Y4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   1684161 | PA      | $1689871.01   | 1.19%             | 2054-10-25      | Floating      | 4.76%                 | No            |                  2 | On Loan: No      |
| Wind River 2016-1K Clo Ltd.                                                          | WINDR 2016-1KRA A2R3                                        | CUSIP: 97314DAQ1<br>LEI: 5493007RTV1I163M1B07 | Long             | ABS-CBDO         | CORP              | KY        |   1050000 | PA      | $1048102.65   | 0.74%             | 2034-10-16      | Variable      | 4.97%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | TII 0.875 01/15/29                                          | CUSIP: 9128285W6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    336900 | PA      | $430891.27    | 0.30%             | 2029-01-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| National Rural Utilities Cooperative Finance Corp.                                   | NRUC 2.75 04/15/32                                          | CUSIP: 637432NY7<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |    233000 | PA      | $209017.65    | 0.15%             | 2032-04-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Swch Commercial Mortgage Trust 2025-Data                                             | SWCH 2025-DATA A                                            | CUSIP: 78489CAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    750000 | PA      | $741785.55    | 0.52%             | 2042-02-18      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| Sunoco LP                                                                            | SUN 7 05/01/29 144A                                         | CUSIP: 86765KAB5<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |    185000 | PA      | $190107.48    | 0.13%             | 2029-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Sunrun Bacchus Issuer 2025-1 LLC                                                     | SUNRN 2025-1A A2A                                           | CUSIP: 86771PAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    444264 | PA      | $445916.03    | 0.31%             | 2060-04-30      | Fixed         | 6.41%                 | No            |                  2 | On Loan: No      |
| CSMC 2022-NQM5 TRUST                                                                 | CSMC 2022-NQM5 A1                                           | CUSIP: 12663DAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    400118 | PA      | $399592.62    | 0.28%             | 2067-05-25      | Variable      | 5.17%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | TII 0.125 01/15/30                                          | CUSIP: 912828Z37<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    455400 | PA      | $551186.00    | 0.39%             | 2030-01-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | TII 1.125 10/15/30                                          | CUSIP: 91282CPH8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    380400 | PA      | $379192.07    | 0.27%             | 2030-10-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT GRANTOR TRUST 2025-1                                                  | PAID 2025-1 B                                               | CUSIP: 69544NAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    185304 | PA      | $185689.25    | 0.13%             | 2032-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2025-5C4                                       | WFCM 2025-5C4 A3                                            | CUSIP: 949931AC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1033485.40   | 0.73%             | 2058-05-17      | Variable      | 5.67%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | TII 1.625 10/15/29                                          | CUSIP: 91282CLV1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    664100 | PA      | $697540.45    | 0.49%             | 2029-10-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                         | TII 1.375 02/15/44                                          | CUSIP: 912810RF7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    239400 | PA      | $276335.08    | 0.19%             | 2044-02-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| BX Trust 2025-Roic                                                                   | BX 2025-ROIC B                                              | CUSIP: 05593VAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    976016 | PA      | $969475.49    | 0.68%             | 2030-03-15      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cliffs Inc                                                                 | CLF 6.875 11/01/29 144A                                     | CUSIP: 185899AQ4<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    185000 | PA      | $185108.33    | 0.13%             | 2029-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Duke Energy Progress LLC                                                             | DUK 5.25 03/15/33                                           | CUSIP: 26442UAQ7<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |     60000 | PA      | $61791.93     | 0.04%             | 2033-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer Inc                     | ALIANT 4.25 10/15/27 144A                                   | CUSIP: 01883LAB9<br>LEI: 5493006Q26653NF8SI73 | Long             | DBT              | CORP              | US        |    185000 | PA      | $181449.30    | 0.13%             | 2027-10-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| GREAT WOLF TRUST 2015-WOLF                                                           | GWT 2024-WLF2 A                                             | CUSIP: 362414AA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $100120.51    | 0.07%             | 2041-05-15      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| Advance Auto Parts Inc.                                                              | AAP 1.75 10/01/27                                           | CUSIP: 00751YAF3<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |    185000 | PA      | $174235.68    | 0.12%             | 2027-10-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| NiSource Inc.                                                                        | NI 5.2 07/01/29                                             | CUSIP: 65473PAS4<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |     65000 | PA      | $66309.41     | 0.05%             | 2029-07-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2025-A                                              | SMB 2025-A A1A                                              | CUSIP: 83207EAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1470550 | PA      | $1482505.24   | 1.04%             | 2054-04-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                                   | ET 4.95 05/15/28                                            | CUSIP: 292480AL4<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     37000 | PA      | $37336.12     | 0.03%             | 2028-05-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS INTERNATIONAL                                                          | TRS LBUTTRUU INDEX                                          | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DIR              | CORP              | GB        |         1 | NC      | $-239035.13   | -0.17%            |  |  |  | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                                          | U.S. Treasury Bond Futures, Jun-2026,ETH                    | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        -6 | NC      | $-3669.09     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Navient Corporation                                                                  | NAVI 5 03/15/27                                             | CUSIP: 63938CAK4<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    185000 | PA      | $180980.86    | 0.13%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                         | TII 2.125 02/15/41                                          | CUSIP: 912810QP6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    126700 | PA      | $182265.21    | 0.13%             | 2041-02-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| NAVIENT PRIVATE EDUCATION LOAN TRUST 2021-D                                          | NAVSL 2021-DA C                                             | CUSIP: 63942CAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    134245 | PA      | $125287.50    | 0.09%             | 2060-04-15      | Fixed         | 3.48%                 | No            |                  2 | On Loan: No      |
| Crown Castle Inc.                                                                    | CCI 2.5 07/15/31                                            | CUSIP: 22822VAY7<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |     37000 | PA      | $32610.75     | 0.02%             | 2031-07-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Avis Budget Car Rental LLC/Avis Budget Finance Inc.                                  | CAR 4.75 04/01/28 144A                                      | CUSIP: 053773BG1<br>LEI: XN8R4HH1TVC1XOCL5P21 | Long             | DBT              | CORP              | US        |    175000 | PA      | $170873.05    | 0.12%             | 2028-04-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | TII 1.75 01/15/34                                           | CUSIP: 91282CJY8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    713900 | PA      | $752483.45    | 0.53%             | 2034-01-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc.                                                          | VZ 4.78 02/15/35                                            | CUSIP: 92343VGY4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    214000 | PA      | $207203.66    | 0.15%             | 2035-02-15      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| PMT LOAN TRUST 2026-J1                                                               | PMTLT 2026-J1 A19                                           | CUSIP: 73015MAU5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    193558 | PA      | $192017.33    | 0.13%             | 2057-01-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Becton, Dickinson and Company                                                        | BDX 4.693 02/13/28                                          | CUSIP: 075887CQ0<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |     84000 | PA      | $84437.72     | 0.06%             | 2028-02-13      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| PROGRESS RESIDENTIAL 2022-SFR7 TRUST                                                 | PROG 2022-SFR7 D                                            | CUSIP: 74333CAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    525000 | PA      | $522528.77    | 0.37%             | 2039-10-27      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                      | CVS 5 01/30/29                                              | CUSIP: 126650DW7<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    212000 | PA      | $214798.57    | 0.15%             | 2029-01-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HCA Inc.                                                                             | HCA 5.2 06/01/28                                            | CUSIP: 404119CP2<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    300000 | PA      | $304552.88    | 0.21%             | 2028-06-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| T-Mobile USA, Inc.                                                                   | TMUS 4.8 07/15/28                                           | CUSIP: 87264ADA0<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    206000 | PA      | $208005.20    | 0.15%             | 2028-07-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC                                                                     | CHTR 5 02/01/28 144A                                        | CUSIP: 1248EPBX0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    175000 | PA      | $173669.20    | 0.12%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST 2025-HQA1                                              | STACR 2025-HQA1 M2                                          | CUSIP: 35564NHA4<br>LEI: 529900MBUPRSJMB6GN48 | Long             | ABS-O            | USGSE             | US        |    500000 | PA      | $501096.80    | 0.35%             | 2045-02-27      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD                               | FHR 5472 FE                                                 | CUSIP: 3137HHEP2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   1695771 | PA      | $1709241.16   | 1.20%             | 2054-11-25      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| Duke Energy Florida LLC                                                              | DUK 1.75 06/15/30                                           | CUSIP: 26444HAJ0<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |    164000 | PA      | $146821.32    | 0.10%             | 2030-06-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| CommonSpirit Health                                                                  | CATMED 2.782 10/01/30                                       | CUSIP: 20268JAF0<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |    225000 | PA      | $207023.75    | 0.15%             | 2030-10-01      | Fixed         | 2.78%                 | No            |                  2 | On Loan: No      |
| PRM5 TRUST 2025-PRM5                                                                 | PRM5 2025-PRM5 A                                            | CUSIP: 693980AA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    750000 | PA      | $745738.65    | 0.52%             | 2033-03-10      | Variable      | 4.17%                 | No            |                  2 | On Loan: No      |
| MHP COMMERCIAL MORTGAGE TRUST 2025-MHIL2                                             | MHP 2025-MHIL2 A                                            | CUSIP: 59317DAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    750000 | PA      | $747868.58    | 0.53%             | 2040-09-17      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| Vici Properties Inc                                                                  | VICI 3.875 02/15/29 144A                                    | CUSIP: 92564RAL9<br>LEI: 254900RKH6RY9KCJQH63 | Long             | DBT              | CORP              | US        |    194000 | PA      | $188590.86    | 0.13%             | 2029-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                                                 | GLENLN 5.371 04/04/29 144A                                  | CUSIP: 378272BS6<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    271000 | PA      | $276713.20    | 0.19%             | 2029-04-04      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| RTX Corp.                                                                            | RTX 5.75 01/15/29                                           | CUSIP: 75513ECU3<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    212000 | PA      | $219970.60    | 0.15%             | 2029-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Ozlm XV Ltd / Ozlm XV Ltd                                                            | OZLM 2016-15A A1R3                                          | CUSIP: 67111DBG0<br>LEI: 5493008RJIODIVVGSK16 | Long             | ABS-CBDO         | CORP              | KY        |    710978 | PA      | $711397.86    | 0.50%             | 2033-04-20      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| Cedar Funding VIII CLO, Ltd                                                          | CEDF 2017-8A CRR                                            | CUSIP: 15032EBC2<br>LEI: 549300PTCF9P2JDL1E69 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $497672.50    | 0.35%             | 2038-01-19      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRIES LTD                                                              | BMCAUS 4.75 01/15/28 144A                                   | CUSIP: 853496AD9<br>LEI: N/A                  | Long             | DBT              | CORP              | IN        |    185000 | PA      | $183010.62    | 0.13%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy Resources Corp.                                                   | CNP 5.25 03/01/28                                           | CUSIP: 15189YAG1<br>LEI: 2JADVB0458J06WCD4N56 | Long             | DBT              | CORP              | US        |     73000 | PA      | $74300.70     | 0.05%             | 2028-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lowes Companies, Inc.                                                                | LOW 1.7 10/15/30                                            | CUSIP: 548661DY0<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     91000 | PA      | $80216.21     | 0.06%             | 2030-10-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| L3 Harris Technologies Inc                                                           | LHX 5.05 06/01/29                                           | CUSIP: 502431AS8<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |    276000 | PA      | $280875.66    | 0.20%             | 2029-06-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Georgia Power Company                                                                | SO 4.95 05/17/33                                            | CUSIP: 373334KT7<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |     37000 | PA      | $37311.75     | 0.03%             | 2033-05-17      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| PRA Group Inc.                                                                       | PRAA 8.375 02/01/28 144A                                    | CUSIP: 69354NAE6<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |    185000 | PA      | $186412.85    | 0.13%             | 2028-02-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Fiserv Inc.                                                                          | FISV 5.45 03/02/28                                          | CUSIP: 337738BD9<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    361000 | PA      | $366300.82    | 0.26%             | 2028-03-02      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | TII 0.125 04/15/27                                          | CUSIP: 91282CEJ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    554000 | PA      | $634631.11    | 0.45%             | 2027-04-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| Duke Energy Carolinas LLC                                                            | DUK 2.45 02/01/30                                           | CUSIP: 26442CBA1<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     64000 | PA      | $59549.25     | 0.04%             | 2030-02-01      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                       | MS V1.794 02/13/32 MTN                                      | CUSIP: 6174468U6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     55000 | PA      | $47640.38     | 0.03%             | 2032-02-13      | Fixed         | 1.79%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                                                  | NEE 4.625 07/15/27                                          | CUSIP: 65339KCH1<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    383000 | PA      | $384471.00    | 0.27%             | 2027-07-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Pennymac Financial Services Inc                                                      | PFSI 4.25 02/15/29 144A                                     | CUSIP: 70932MAB3<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    185000 | PA      | $175456.31    | 0.12%             | 2029-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN HERITAGE AUTO RECEIVABLES TRUST 2025-1                                      | AHART 2025-1A B                                             | CUSIP: 02650VAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1300000 | PA      | $1290849.30   | 0.91%             | 2031-06-16      | Fixed         | 4.77%                 | No            |                  2 | On Loan: No      |
| South Bow USA Infrastructure Holdings LLC                                            | SOBOCN 4.911 09/01/27                                       | CUSIP: 83007CAB8<br>LEI: 254900Z1WAY7QFQ7O850 | Long             | DBT              | CORP              | US        |     60000 | PA      | $60266.68     | 0.04%             | 2027-09-01      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| NiSource Inc.                                                                        | NI 1.7 02/15/31                                             | CUSIP: 65473PAL9<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |     75000 | PA      | $65213.81     | 0.05%             | 2031-02-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings Inc.                                                 | NOVHOL 6.625 04/15/29 144A                                  | CUSIP: 18972EAA3<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |    185000 | PA      | $181832.50    | 0.13%             | 2029-04-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                                                   | BX 2025-VOLT B                                              | CUSIP: 05619PAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $994785.60    | 0.70%             | 2044-12-15      | Floating      | 5.77%                 | No            |                  2 | On Loan: No      |
| PLANET FITNESS MASTER ISSUER LLC SERIES 2018-1                                       | PLNT 2025-1A A2I                                            | CUSIP: 72703PAH6<br>LEI: 549300NX9W3U2DO53T22 | Long             | ABS-O            | CORP              | US        |   1250000 | PA      | $1251318.75   | 0.88%             | 2055-12-05      | Fixed         | 5.27%                 | No            |                  2 | On Loan: No      |
| NEUBERGER BERMAN LOAN ADVISERS CLO                                                   | NEUB 2022-51A AR2                                           | CUSIP: 64135BAW9<br>LEI: 549300E2R8NH2QE50368 | Long             | ABS-CBDO         | CORP              | JE        |    250000 | PA      | $250053.75    | 0.18%             | 2036-10-23      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| Cheniere Energy Partners Lp                                                          | CQP 4 03/01/31                                              | CUSIP: 16411QAK7<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |    115000 | PA      | $110457.56    | 0.08%             | 2031-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cinemark USA Inc.                                                                    | CNK 5.25 07/15/28 144A                                      | CUSIP: 172441BF3<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |    185000 | PA      | $183549.73    | 0.13%             | 2028-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SANTANDER DRIVE AUTO RECEIVABLES TRUST 2025-1                                        | SDART 2025-1 A3                                             | CUSIP: 80288DAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |         0 | PA      | $0.01         | 0.00%             | 2029-01-15      | Fixed         | 4.74%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc.                                                          | VZ 1.75 01/20/31                                            | CUSIP: 92343VFR0<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     75000 | PA      | $65777.77     | 0.05%             | 2031-01-20      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES INC                                                                | AAL 5.75 04/20/29 144A                                      | CUSIP: 00253XAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    185000 | PA      | $184106.51    | 0.13%             | 2029-04-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Ingram Micro Inc.                                                                    | IM 4.75 05/15/29 144A                                       | CUSIP: 45258LAA5<br>LEI: 549300KJMEWPKRQZHX63 | Long             | DBT              | CORP              | US        |    185000 | PA      | $179930.76    | 0.13%             | 2029-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Smyrna Ready Mix Concrete LLC                                                        | SMYREA 6 11/01/28 144A                                      | CUSIP: 85236FAA1<br>LEI: 549300S7RFWHQFOIOY93 | Long             | DBT              | CORP              | US        |    185000 | PA      | $183720.41    | 0.13%             | 2028-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ELLINGTON FINANCIAL MORTGAGE TRUST 2021-3                                            | EFMT 2021-3 A1                                              | CUSIP: 31573JAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    262778 | PA      | $219860.95    | 0.15%             | 2066-09-25      | Variable      | 1.24%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                         | TII 1.75 01/15/28                                           | CUSIP: 912810PV4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    155000 | PA      | $244160.44    | 0.17%             | 2028-01-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| ZAXBYS FUNDING LLC                                                                   | ZAXBY 2021-1A A2                                            | CUSIP: 98920MAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1910000 | PA      | $1814194.59   | 1.27%             | 2051-07-30      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                                                            | IRS IFS USD                                                 | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |         1 | NC      | $26262.30     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                       | MS V2.239 07/21/32 GMTN                                     | CUSIP: 61747YED3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     60000 | PA      | $52549.50     | 0.04%             | 2032-07-21      | Fixed         | 2.24%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2024-SLCT                                               | BX 2024-SLCT A                                              | CUSIP: 12433JAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $997482.40    | 0.70%             | 2042-01-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GROUP HOLDINGS INC                                                    | TIBX 6.5 03/31/29 144A                                      | CUSIP: 88632QAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    185000 | PA      | $180662.73    | 0.13%             | 2029-03-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BENCHMARK 2025-V17 MORTGAGE TRUST                                                    | BMARK 2025-V17 A3                                           | CUSIP: 081934AR2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1013498.40   | 0.71%             | 2058-09-17      | Variable      | 5.07%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-06-01

**Name of Applicant:** Voya Investors Trust

**Signature:** Dorothy Roman

**Name of Signer:** Dorothy Roman

**Title:** Vice President, Fund Administration