# EDGAR Filing Document

**Accession Number:** 0001506001
**File Stem:** 0001410368-25-018137
**Filing Date:** 2025-10
**Character Count:** 76432
**Document Hash:** 54cdd2952df66bc7bdb52229f30d79ee
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-018137.hdr.sgml**: 20251027

**ACCESSION NUMBER**: 0001410368-25-018137

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251027

**DATE AS OF CHANGE**: 20251027

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Neuberger Berman ETF Trust
- **CENTRAL INDEX KEY:** 0001506001

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23761
- **FILM NUMBER:** 251420348

**BUSINESS ADDRESS:**
- **STREET 1:** 1290 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10104
- **BUSINESS PHONE:** 212-476-8800

**MAIL ADDRESS:**
- **STREET 1:** 1290 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10104

## Series and Classes Contracts Data

### Neuberger Berman Commodity Strategy ETF (Series ID: S000077468)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000237927 | Neuberger Berman Commodity Strategy ETF | NBCM            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Neuberger Berman ETF Trust

- **b. Investment Company Act file number:** 811-23761

- **c. CIK number of Registrant:** 0001506001

- **d. LEI of Registrant:** 549300GPREY1N686GS02

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

  - **Street Address 1:** 1290 AVENUE OF THE AMERICAS

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10104

  - **Telephone number:** 877-628-2583

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

- **a. Name of Series:** Neuberger Berman Commodity Strategy ETF

- **b. EDGAR series identifier (if any):** S000077468

- **c. LEI of Series:** 549300V8U0N6WG002P89

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

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-08-31

**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:** $253848013.08

**Total Liabilities:** $238934.61

**Net Assets:** $253609078.47

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -1975.00000000 | **1-Year:** -46941.00000000 | **5-Year:** -930.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

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

- **3-Month:** -3.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000237927 | 3.03%                | 0.77%                | 2.43%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $18755.19                | $105128.72                                 |
| Month 2  | $-2605.71                | $84141.79                                  |
| Month 3  | $25608.49                | $83838.28                                  |

**Designated Index Information**

- **Index Name:** Bloomberg Commodity Total Rtn Idx

- **Index Identifier:** BCOMTR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Toyota Auto Receivables Owner Trust                    | Toyota Auto Receivables 2025-A Owner Trust                    | CUSIP: 89240JAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1369151 | PA      | $1370441.60   | 0.54%             | 2027-11-15      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust                           | Ford Credit Auto Owner Trust 2025-A                           | CUSIP: 34535KAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1733000 | PA      | $1736425.10   | 0.68%             | 2027-12-15      | Fixed         | 4.47%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                                | CarMax Auto Owner Trust 2024-1                                | CUSIP: 14318WAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     47651 | PA      | $47685.99     | 0.02%             | 2027-03-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                               | Caterpillar Financial Services Corp                           | CUSIP: 14913UAM2<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |   3845000 | PA      | $3852343.95   | 1.52%             | 2027-05-14      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| Huntington Auto Trust                                  | Huntington Auto Trust 2024-1                                  | CUSIP: 446144AC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     57975 | PA      | $58007.13     | 0.02%             | 2027-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC                                    | PayPal Holdings Inc                                           | CUSIP: 70450YAR4<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |   1875000 | PA      | $1881545.57   | 0.74%             | 2028-03-06      | Floating      | 5.03%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | LME COPPER FUTURE SEP25                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |        36 | NC      | $179821.60    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| COREBRIDGE GLOB FUNDING                                | Corebridge Global Funding                                     | CUSIP: 00138CAW8<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |   2190000 | PA      | $2206464.07   | 0.87%             | 2026-09-25      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | NATURAL GAS FUTR MAR26                                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       495 | NC      | $-2850960.65  | -1.12%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                    | SGX IRON ORE 62 NOV25                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | SG        |       109 | NC      | $11431.31     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BMW Vehicle Lease Trust                                | BMW Vehicle Lease Trust 2025-1                                | CUSIP: 096912AB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    670000 | PA      | $671701.47    | 0.26%             | 2027-09-27      | Fixed         | 4.43%                 | No            |                  2 | On Loan: No      |
| CHEVRON USA INC                                        | Chevron USA Inc                                               | CUSIP: 166756BA3<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |   2350000 | PA      | $2352498.78   | 0.93%             | 2027-02-26      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| Verizon Master Trust                                   | Verizon Master Trust                                          | CUSIP: 92348KCR2<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |   1113000 | PA      | $1115709.38   | 0.44%             | 2030-04-22      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                       | T-Mobile USA Inc                                              | CUSIP: 87264ABR5<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    330000 | PA      | $326335.61    | 0.13%             | 2026-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                                   | Keurig Dr Pepper Inc                                          | CUSIP: 49271VAY6<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |   2345000 | PA      | $2345305.11   | 0.92%             | 2026-11-15      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| Honda Auto Receivables Owner Trust                     | Honda Auto Receivables 2025-3 Owner Trust                     | CUSIP: 43813QAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2081000 | PA      | $2082379.29   | 0.82%             | 2028-03-21      | Fixed         | 4.19%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | LME COPPER FUTURE NOV25                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       -38 | NC      | $-147607.20   | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| DLLAA LLC                                              | DLLAA 2025-1 LLC                                              | CUSIP: 233249AB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    292000 | PA      | $292790.77    | 0.12%             | 2027-10-20      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| GM Financial Consumer Automobile Receivables Trust     | Gm Financial Consumer Automobile Receivables Trust 2025-3     | CUSIP: 379957AB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    907000 | PA      | $909048.55    | 0.36%             | 2028-06-16      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| John Deere Owner Trust                                 | John Deere Owner Trust 2025-B                                 | CUSIP: 47800UAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    909000 | PA      | $911414.39    | 0.36%             | 2028-07-17      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| SFS Auto Receivables Securitization Trust              | SFS Auto Receivables Securitization Trust 2024-2              | CUSIP: 78397XAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    604436 | PA      | $605341.99    | 0.24%             | 2027-10-20      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                         | Mastercard Inc                                                | CUSIP: 57636QBE3<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |    755000 | PA      | $754999.28    | 0.30%             | 2028-03-15      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                            | Walmart Inc                                                   | CUSIP: 931142FM0<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |   2070000 | PA      | $2075965.74   | 0.82%             | 2027-04-28      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | PHELIX DE BASE Y JAN26                                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | DE        |         2 | NC      | $21111.55     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                    | WHEAT FUTURE(CBT) DEC25                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |      -119 | NC      | $77304.50     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL MOTORS FINL CO                                 | General Motors Financial Co Inc                               | CUSIP: 37045XEF9<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    905000 | PA      | $909253.82    | 0.36%             | 2026-04-06      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | GOLD 100 OZ FUTR DEC25                                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       134 | NC      | $1441206.73   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                | John Deere Capital Corp                                       | CUSIP: 24422EXL8<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |   3035000 | PA      | $3039068.48   | 1.20%             | 2026-03-06      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| PNC BANK NA                                            | PNC Bank NA                                                   | CUSIP: 69353RGA0<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |   3775000 | PA      | $3780594.17   | 1.49%             | 2028-07-21      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                 | Philip Morris International Inc                               | CUSIP: 718172DS5<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |   2520000 | PA      | $2537280.65   | 1.00%             | 2028-04-28      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | TTF NAT GAS F DEC25                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | NL        |        51 | NC      | $-160185.18   | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| AXIS Equipment Finance Receivables LLC                 | Amur Equipment Finance Receivables XI LLC                     | CUSIP: 03236XAB3<br>LEI: 549300IFG1NMINYRYF89 | Long             | ABS-O            | CORP              | US        |    138640 | PA      | $138959.91    | 0.05%             | 2028-06-21      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | SOYBEAN OIL FUTR DEC25                                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       391 | NC      | $-205052.36   | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| John Deere Owner Trust                                 | John Deere Owner Trust 2024                                   | CUSIP: 47800RAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    217261 | PA      | $217459.94    | 0.09%             | 2027-02-16      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                               | AT&T Inc                                                      | CUSIP: 00206RML3<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   4770000 | PA      | $4700272.47   | 1.85%             | 2026-03-25      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | LOW SU GASOIL G NOV25                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       154 | NC      | $-13384.66    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                    | LME NICKEL FUTURE SEP25                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |        47 | NC      | $-78269.08    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                    | LME COPPER FUTURE SEP25                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       -36 | NC      | $-182066.40   | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                | Goldman Sachs Group Inc/The                                   | CUSIP: 38141GZS6<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   4005000 | PA      | $4082405.08   | 1.61%             | 2028-03-15      | Floating      | 6.21%                 | No            |                  2 | On Loan: No      |
| USB Auto Owner Trust                                   | USB Auto Owner Trust 2025-1                                   | CUSIP: 90367VAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    874000 | PA      | $876675.05    | 0.35%             | 2028-06-15      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | COFFEE 'C' FUTURE DEC25                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |        48 | NC      | $1857898.00   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| CCG Receivables Trust                                  | CCG Receivables Trust 2023-1                                  | CUSIP: 12512XAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    354626 | PA      | $356504.67    | 0.14%             | 2030-09-16      | Fixed         | 5.82%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | KC HRW WHEAT FUT DEC25                                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |        -9 | NC      | $12778.49     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                    | COPPER FUTURE MAR26                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |        50 | NC      | $107657.70    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE & CO                                    | JPMorgan Chase & Co                                           | CUSIP: 46647PDZ6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   2530000 | PA      | $2554099.84   | 1.01%             | 2028-01-23      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| SIEMENS FUNDING BV                                     | Siemens Funding BV                                            | CUSIP: 82622RAB2<br>LEI: 213800CCRGH2TO338X64 | Long             | DBT              | CORP              | NL        |   2205000 | PA      | $2209180.68   | 0.87%             | 2028-05-26      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | LME ZINC FUTURE SEP25                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       -67 | NC      | $-119890.11   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| DLLAD LLC                                              | DLLAD 2025-1 LLC                                              | CUSIP: 23347BAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    478000 | PA      | $479477.07    | 0.19%             | 2028-11-20      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| Stellantis Financial Underwritten Enhanced Lease Trust | Stellantis Financial Underwritten Enhanced Lease Trust 2025-B | CUSIP: 858933AB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    291000 | PA      | $291550.54    | 0.11%             | 2028-05-22      | Fixed         | 4.31%                 | No            |                  2 | On Loan: No      |
| US BANK NA CINCINNATI                                  | US Bank NA/Cincinnati OH                                      | CUSIP: 90331HPQ0<br>LEI: 6BYL5QZYBDK8S7L73M02 | Long             | DBT              | CORP              | US        |   3705000 | PA      | $3714261.43   | 1.46%             | 2027-10-22      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| DLLAD LLC                                              | Dllad 2024-1 LLC                                              | CUSIP: 23346MAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    429083 | PA      | $431269.95    | 0.17%             | 2027-08-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CNH Equipment Trust                                    | CNH Equipment Trust 2025-A                                    | CUSIP: 12674BAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1098000 | PA      | $1099516.34   | 0.43%             | 2028-08-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust                         | Hyundai Auto Receivables Trust 2024-B                         | CUSIP: 44934QAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    221084 | PA      | $221573.27    | 0.09%             | 2027-06-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust                         | Hyundai Auto Receivables Trust 2024-A                         | CUSIP: 448973AB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    152817 | PA      | $153057.12    | 0.06%             | 2027-04-15      | Fixed         | 5.29%                 | No            |                  2 | On Loan: No      |
| AXIS Equipment Finance Receivables LLC                 | Amur Equipment Finance Receivables XIII LLC                   | CUSIP: 03237CAB8<br>LEI: 254900O8ABFLU3FOSN14 | Long             | ABS-O            | CORP              | US        |    183661 | PA      | $185498.78    | 0.07%             | 2031-01-21      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | COFF ROBUSTA 10TN NOV25                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |        41 | NC      | $373078.37    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Nissan Auto Receivables Owner Trust                    | Nissan Auto Receivables 2025-A Owner Trust                    | CUSIP: 65481GAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1489000 | PA      | $1494395.69   | 0.59%             | 2028-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LFE GLB FND II                               | Principal Life Global Funding II                              | CUSIP: 7425APAC9<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |   1815000 | PA      | $1819781.16   | 0.72%             | 2028-08-18      | Floating      | 5.18%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | COCOA FUTURE - IC DEC25                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |         9 | NC      | $-55412.26    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                    | COTTON NO.2 FUTR MAR26                                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |        30 | NC      | $6409.19      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Toyota Lease Owner Trust                               | Toyota Lease Owner Trust 2025-A                               | CUSIP: 89239NAB1<br>LEI: 254900299R9KF5UH9O95 | Long             | ABS-O            | CORP              | US        |    883255 | PA      | $885662.56    | 0.35%             | 2027-07-20      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                   | Bank of America Corp                                          | CUSIP: 06051GJK6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1755000 | PA      | $1746788.27   | 0.69%             | 2026-10-24      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                              | Amgen Inc                                                     | CUSIP: 031162DN7<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |   1835000 | PA      | $1835189.01   | 0.72%             | 2026-03-02      | Fixed         | 5.51%                 | No            |                  2 | On Loan: No      |
| Volkswagen Auto Loan Enhanced Trust                    | Volkswagen Auto Loan Enhanced Trust 2024-1                    | CUSIP: 92868RAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1245507 | PA      | $1247906.16   | 0.49%             | 2027-11-22      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                    | American Express Co                                           | CUSIP: 025816DQ9<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   3830000 | PA      | $3854874.82   | 1.52%             | 2028-02-16      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                    | JPMorgan Chase & Co                                           | CUSIP: 46647PCQ7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   3095000 | PA      | $3102681.64   | 1.22%             | 2027-09-22      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | RED WHEAT FUT MGE DEC25                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |        36 | NC      | $-32737.93    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Kubota Credit Owner Trust                              | Kubota Credit Owner Trust 2025-2                              | CUSIP: 50117LAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    768000 | PA      | $771182.36    | 0.30%             | 2028-04-17      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitization Trust                | Hyundai Auto Lease Securitization Trust 2024-A                | CUSIP: 448988AB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     22955 | PA      | $22963.40     | 0.01%             | 2026-06-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| GEORGIA POWER CO                                       | Georgia Power Co                                              | CUSIP: 373334KZ3<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1797246.00   | 0.71%             | 2026-09-15      | Floating      | 4.64%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | SUGAR 11 (WORLD) OCT25                                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       351 | NC      | $-197014.04   | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| CHEVRON USA INC                                        | Chevron USA Inc                                               | CUSIP: 166756BM7<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |   1725000 | PA      | $1729830.00   | 0.68%             | 2028-08-13      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| Capital One Prime Auto Receivables Trust               | Capital One Prime Auto Receivables Trust 2024-1               | CUSIP: 14043NAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    793511 | PA      | $794293.93    | 0.31%             | 2027-10-15      | Fixed         | 4.61%                 | No            |                  2 | On Loan: No      |
| GLAXOSMITHKLINE CAPITAL                                | GlaxoSmithKline Capital PLC                                   | CUSIP: 377373AN5<br>LEI: 549300U0LV41VX7LEP38 | Long             | DBT              | CORP              | GB        |   2505000 | PA      | $2513495.53   | 0.99%             | 2027-03-12      | Floating      | 4.86%                 | No            |                  2 | On Loan: No      |
| Daimler Trucks Retail Trust                            | Daimler Trucks Retail Trust 2024-1                            | CUSIP: 233874AB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     31948 | PA      | $31962.75     | 0.01%             | 2026-04-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | CATTLE FEEDER FUT OCT25                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |        54 | NC      | $728029.03    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| CON EDISON CO OF NY INC                                | Consolidated Edison Co of New York Inc                        | CUSIP: 209111GL1<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |   1735000 | PA      | $1741302.09   | 0.69%             | 2027-11-18      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | LME COPPER FUTURE DEC25                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |        -1 | NC      | $-4984.40     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| BofA Auto Trust                                        | BofA Auto Trust 2024-1                                        | CUSIP: 09709AAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    245293 | PA      | $245513.83    | 0.10%             | 2026-12-15      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| GENERAL ELECTRIC CO                                    | General Electric Co                                           | CUSIP: 36962GW75<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | DBT              | CORP              | US        |   2649000 | PA      | $2654840.22   | 1.05%             | 2026-05-05      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitization Trust                | Hyundai Auto Lease Securitization Trust 2025-C                | CUSIP: 44935GAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    766000 | PA      | $768463.69    | 0.30%             | 2028-01-18      | Fixed         | 4.37%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | LME COPPER FUTURE NOV25                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |        38 | NC      | $212661.30    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                | John Deere Capital Corp                                       | CUSIP: 24422EXS3<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    845000 | PA      | $847760.89    | 0.33%             | 2027-06-11      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | LME COPPER FUTURE DEC25                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |        39 | NC      | $150401.40    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                    | CANOLA FUTR (WCE) NOV25                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | CA        |        65 | NC      | $-60844.48    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Citizens Auto Receivables Trust                        | Citizens Auto Receivables Trust 2024-2                        | CUSIP: 17331XAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    290252 | PA      | $290502.45    | 0.11%             | 2026-11-16      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | SOYBEAN MEAL FUTR DEC25                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |        -6 | NC      | $9006.59      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| STATE STREET CORP                                      | State Street Corp                                             | CUSIP: 857477CE1<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    700000 | PA      | $702850.09    | 0.28%             | 2026-08-03      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | CARBON EMISSIONS FUTURES                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | NL        |        43 | NC      | $179013.06    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| SBNA Auto Lease Trust                                  | SBNA Auto Lease Trust 2025-A                                  | CUSIP: 78437KAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    521929 | PA      | $522345.81    | 0.21%             | 2027-04-20      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BANK NA                                 | Morgan Stanley Bank NA                                        | CUSIP: 61690U8F0<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |   4090000 | PA      | $4101443.29   | 1.62%             | 2027-10-15      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | LME TIN FUTURE SEP25                                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |        10 | NC      | $110592.50    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Toyota Auto Receivables Owner Trust                    | Toyota Auto Receivables 2025-C Owner Trust                    | CUSIP: 89238VAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1900000 | PA      | $1904393.94   | 0.75%             | 2028-06-15      | Fixed         | 4.29%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Lease Trust                           | Ford Credit Auto Lease Trust 2025-A                           | CUSIP: 345282AB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1071662 | PA      | $1073619.74   | 0.42%             | 2027-08-15      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| TRUIST BANK                                            | Truist Bank                                                   | CUSIP: 89788JAG4<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |   4865000 | PA      | $4865924.35   | 1.92%             | 2028-07-24      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANK NA                                    | Fifth Third Bank NA                                           | CUSIP: 31677QBV0<br>LEI: QFROUN1UWUYU0DVIWD51 | Long             | DBT              | CORP              | US        |   2120000 | PA      | $2119180.22   | 0.84%             | 2028-01-28      | Floating      | 5.18%                 | No            |                  2 | On Loan: No      |
| CNH Equipment Trust                                    | CNH Equipment Trust 2024-B                                    | CUSIP: 18978JAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    271334 | PA      | $271473.32    | 0.11%             | 2027-10-15      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| Toyota Auto Receivables Owner Trust                    | Toyota Auto Receivables 2024-D Owner Trust                    | CUSIP: 89239TAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    503744 | PA      | $504172.84    | 0.20%             | 2027-08-16      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| HPEFS Equipment Trust                                  | HPEFS Equipment Trust 2025-1                                  | CUSIP: 40446EAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    380000 | PA      | $380968.96    | 0.15%             | 2032-09-20      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | LEAN HOGS FUTURE OCT25                                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       311 | NC      | $443471.11    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                    | LME PRI ALUM FUTR SEP25                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |      -226 | NC      | $-313217.66   | -0.12%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                    | GASOLINE RBOB FUT NOV25                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |        83 | NC      | $17593.54     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                    | PLATINUM FUTURE OCT25                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |        45 | NC      | $207525.65    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| PEPSICO SINGAPORE FIN                                  | Pepsico Singapore Financing I Pte Ltd                         | CUSIP: 713466AE0<br>LEI: 254900DOMTCMUFROFJ76 | Long             | DBT              | CORP              | SG        |   2775000 | PA      | $2783254.74   | 1.10%             | 2027-02-16      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | LME PRI ALUM FUTR NOV25                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       181 | NC      | $222856.58    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CarMax Auto Owner Trust                                | CarMax Auto Owner Trust 2024-4                                | CUSIP: 14290DAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    445320 | PA      | $446104.16    | 0.18%             | 2027-12-15      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                  | Athene Global Funding                                         | CUSIP: 04685A4F5<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   3055000 | PA      | $3062211.66   | 1.21%             | 2027-01-07      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | CORN FUTURE MAR26                                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       661 | NC      | $323536.92    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| BMW Vehicle Lease Trust                                | BMW Vehicle Lease Trust                                       | CUSIP: 05613MAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    668925 | PA      | $669110.49    | 0.26%             | 2027-01-25      | Fixed         | 4.29%                 | No            |                  2 | On Loan: No      |
| World Omni Auto Receivables Trust                      | World Omni Auto Receivables Trust 2025-A                      | CUSIP: 98164YAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    703784 | PA      | $704476.48    | 0.28%             | 2028-04-17      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                               | Toyota Motor Credit Corp                                      | CUSIP: 89236TMR3<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1702468.28   | 0.67%             | 2026-04-10      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| State Street Global Advisors                           | State Street Institutional U.S. Government Money Market Fund  | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |  39183837 | NS      | $39183837.02  | 15.45%            |  |  |  | No            |                  2 | On Loan: No      |
| NORDEA BANK ABP                                        | Nordea Bank Abp                                               | CUSIP: 65558RAF6<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |   1835000 | PA      | $1844378.56   | 0.73%             | 2027-03-19      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                   | Bank of America Corp                                          | CUSIP: 06051GKH1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1190000 | PA      | $1200799.48   | 0.47%             | 2028-02-04      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                 | U.S. Treasury Bills                                           | CUSIP: 912797RB5<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  10000000 | PA      | $9959166.70   | 3.93%             | 2025-10-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| DLLAA LLC                                              | DLLAA 2023-1 LLC                                              | CUSIP: 23292HAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |       118 | PA      | $117.89       | 0.00%             | 2026-07-20      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                            | Oracle Corp                                                   | CUSIP: 68389XCC7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   3130000 | PA      | $3083052.63   | 1.22%             | 2026-03-25      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Nissan Auto Receivables Owner Trust                    | Nissan Auto Receivables 2024-B Owner Trust                    | CUSIP: 65479WAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    643395 | PA      | $643821.92    | 0.25%             | 2027-06-15      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                   | Bank of America Corp                                          | CUSIP: 06051GLX5<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   2395000 | PA      | $2417559.25   | 0.95%             | 2027-09-15      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| DLLST LLC                                              | DLLST 2024-1 LLC                                              | CUSIP: 23346HAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      5197 | PA      | $5198.62      | 0.00%             | 2026-01-20      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust                         | Hyundai Auto Receivables Trust 2024-C                         | CUSIP: 448976AB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    356832 | PA      | $357207.71    | 0.14%             | 2027-09-15      | Fixed         | 4.53%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | SOYBEAN FUTURE MAR26                                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       185 | NC      | $517959.31    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                    | WHITE SUGAR (ICE) MAR26                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |        55 | NC      | $-19802.15    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| TCI Communications Inc                                 | TCI Communications Inc                                        | CUSIP: 872287AF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1625000 | PA      | $1648140.08   | 0.65%             | 2026-02-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Verizon Master Trust                                   | Verizon Master Trust                                          | CUSIP: 92348KCA9<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |    474000 | PA      | $474240.89    | 0.19%             | 2028-09-08      | Floating      | 5.03%                 | No            |                  2 | On Loan: No      |
| CNH Equipment Trust                                    | CNH Equipment Trust 2024-A                                    | CUSIP: 18978FAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     38225 | PA      | $38245.84     | 0.02%             | 2027-07-15      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | SILVER FUTURE DEC25                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |        44 | NC      | $624089.86    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyundai Auto Receivables Trust                         | Hyundai Auto Receivables Trust 2023-C                         | CUSIP: 44918CAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     44831 | PA      | $44857.10     | 0.02%             | 2027-01-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                      | State Street Corp                                             | CUSIP: 857477CQ4<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |   2795000 | PA      | $2799224.53   | 1.10%             | 2027-10-22      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE GLOBAL FDG                               | New York Life Global Funding                                  | CUSIP: 64953BBU1<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |   1605000 | PA      | $1606094.82   | 0.63%             | 2027-02-05      | Floating      | 4.78%                 | No            |                  2 | On Loan: No      |
| NTT FINANCE CORP                                       | NTT Finance Corp                                              | CUSIP: 62954WAR6<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |    540000 | PA      | $545818.94    | 0.22%             | 2028-07-16      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | LME PRI ALUM FUTR SEP25                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       226 | NC      | $800182.35    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                    | RAPESEED EURO NOV25                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | FR        |        29 | NC      | $-29841.44    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                    | MILL WHEAT EURO DEC25                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | FR        |        46 | NC      | $-11115.10    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Porsche Innovative Lease Owner Trust                   | Porsche Innovative Lease Owner Trust 2024-2                   | CUSIP: 73328NAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    683273 | PA      | $683331.79    | 0.27%             | 2026-12-21      | Fixed         | 4.47%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | LME ZINC FUTURE SEP25                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |        67 | NC      | $257711.36    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                | Goldman Sachs Group Inc/The                                   | CUSIP: 38141GYH1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   1045000 | PA      | $1046901.74   | 0.41%             | 2027-09-10      | Floating      | 5.18%                 | No            |                  2 | On Loan: No      |
| GM Financial Consumer Automobile Receivables Trust     | GM Financial Consumer Automobile Receivables Trust 2024-3     | CUSIP: 38013KAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    439366 | PA      | $440259.32    | 0.17%             | 2027-06-16      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | PALLADIUM FUTURE DEC25                                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |        -7 | NC      | $36153.92     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Volkswagen Auto Loan Enhanced Trust                    | Volkswagen Auto Loan Enhanced Trust 2025-1                    | CUSIP: 92868MAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1615000 | PA      | $1617495.66   | 0.64%             | 2028-01-20      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                                | Carmax Auto Owner Trust 2025-3                                | CUSIP: 14290FAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    674000 | PA      | $675691.34    | 0.27%             | 2028-08-15      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| Dell Equipment Finance Trust                           | Dell Equipment Finance Trust 2024-1                           | CUSIP: 24702GAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    214410 | PA      | $214699.63    | 0.08%             | 2030-03-22      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| Tesla Auto Lease Trust                                 | Tesla Auto Lease Trust 2024-B                                 | CUSIP: 881934AB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    197566 | PA      | $197718.72    | 0.08%             | 2027-01-20      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| Simon Property Group LP                                | Simon Property Group LP                                       | CUSIP: 828807CV7<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |   4324000 | PA      | $4324000.00   | 1.70%             | 2025-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | LIVE CATTLE FUTR OCT25                                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       134 | NC      | $1588816.69   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| ENBRIDGE INC                                           | Enbridge Inc                                                  | CUSIP: 29250NBW4<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   2635000 | PA      | $2681097.98   | 1.06%             | 2026-11-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                       | T-Mobile USA Inc                                              | CUSIP: 87264ABU8<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148294.26    | 0.06%             | 2026-04-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | LME LEAD FUTURE SEP25                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       -99 | NC      | $82873.53     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| SFS Auto Receivables Securitization Trust              | SFS Auto Receivables Securitization Trust 2025-2              | CUSIP: 78398HAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    519000 | PA      | $520288.68    | 0.21%             | 2028-11-20      | Fixed         | 4.52%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                 | Verizon Communications Inc                                    | CUSIP: 92343VGG3<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |   1155000 | PA      | $1136932.59   | 0.45%             | 2026-03-20      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | NY HARB ULSD FUT NOV25                                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |        74 | NC      | $-106395.83   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                                 | U.S. Treasury Bills                                           | CUSIP: 912797MS3<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |   1000000 | PA      | $996483.17    | 0.39%             | 2025-10-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | LME TIN FUTURE SEP25                                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |        -6 | NC      | $-68555.00    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Auxilior Term Funding LLC                              | Auxilior Term Funding 2024-1 LLC                              | CUSIP: 05335FAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    143136 | PA      | $143820.72    | 0.06%             | 2027-03-15      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust                         | Hyundai Auto Receivables Trust 2025-A                         | CUSIP: 44935CAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    841000 | PA      | $841802.57    | 0.33%             | 2027-12-15      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                               | Capital One Financial Corp                                    | CUSIP: 14040HDB8<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   3025000 | PA      | $3116989.58   | 1.23%             | 2027-10-29      | Fixed         | 7.15%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                             | Intel Corp                                                    | CUSIP: 458140CD0<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |   2710000 | PA      | $2714198.33   | 1.07%             | 2026-02-10      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Honda Auto Receivables Owner Trust                     | Honda Auto Receivables 2024-4 Owner Trust                     | CUSIP: 43816DAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    455518 | PA      | $455888.29    | 0.18%             | 2027-03-15      | Fixed         | 4.56%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | LME LEAD FUTURE NOV25                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |        42 | NC      | $19187.24     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                    | LME NICKEL FUTURE SEP25                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       -47 | NC      | $-88010.44    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                    | LME LEAD FUTURE SEP25                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |        99 | NC      | $-40932.47    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| NEW YORK LIFE GLOBAL FDG                               | New York Life Global Funding                                  | CUSIP: 64953BBQ0<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |   2480000 | PA      | $2487406.67   | 0.98%             | 2026-08-28      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                | Bristol-Myers Squibb Co                                       | CUSIP: 110122EM6<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |   2090000 | PA      | $2093108.42   | 0.83%             | 2026-02-20      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                 | NextEra Energy Capital Holdings Inc                           | CUSIP: 65339KCR9<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   3105000 | PA      | $3111040.56   | 1.23%             | 2026-01-29      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                  | Wells Fargo & Co                                              | CUSIP: 95000U3S0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   4345000 | PA      | $4359427.75   | 1.72%             | 2028-01-24      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| Volkswagen Auto Lease Trust                            | Volkswagen Auto Lease Trust 2024-A                            | CUSIP: 92866EAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    162226 | PA      | $162662.35    | 0.06%             | 2026-12-21      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                 | UnitedHealth Group Inc                                        | CUSIP: 91324PFE7<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |   3281000 | PA      | $3284226.01   | 1.29%             | 2026-07-15      | Floating      | 4.86%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | LME ZINC FUTURE NOV25                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |        41 | NC      | $61854.19     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS GROUP AG                                           | UBS Group AG                                                  | CUSIP: 225401AT5<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   1420000 | PA      | $1401674.42   | 0.55%             | 2027-02-02      | Fixed         | 1.31%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust                           | Ford Credit Auto Owner Trust 2024-A                           | CUSIP: 34535EAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    408160 | PA      | $408542.13    | 0.16%             | 2027-01-15      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                        | CVS Health Corp                                               | CUSIP: 126650DS6<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    940000 | PA      | $942193.64    | 0.37%             | 2026-02-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | WTI CRUDE FUTURE NOV25                                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       231 | NC      | $776970.88    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                    | LME PRI ALUM FUTR NOV25                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |        -3 | NC      | $-3264.96     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                    | LME ZINC FUTURE NOV25                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |        -1 | NC      | $-1070.16     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC                                           | Broadcom Inc                                                  | CUSIP: 11135FBB6<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   2125000 | PA      | $2119644.04   | 0.84%             | 2025-11-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| World Omni Automobile Lease Securitization Trust       | World Omni Automobile Lease Securitization Trust 2025-A       | CUSIP: 98164PAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    317424 | PA      | $317530.48    | 0.13%             | 2027-12-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                               | Enterprise Products Operating LLC                             | CUSIP: 29379VBH5<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |   2180000 | PA      | $2172747.45   | 0.86%             | 2026-02-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | COCOA FUTURE DEC25                                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |        47 | NC      | $-363073.18   | -0.14%            |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF NY MELLON CORP                                 | Bank of New York Mellon Corp/The                              | CUSIP: 06406RCD7<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |   2750000 | PA      | $2757858.15   | 1.09%             | 2028-06-09      | Floating      | 5.04%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | BRENT CRUDE FUTR NOV25                                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       270 | NC      | $450199.33    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Global Advisors                           | State Street Institutional U.S. Government Money Market Fund  | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |    529795 | NS      | $529795.28    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIBANK NA                                            | Citibank NA                                                   | CUSIP: 17325FBM9<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |   5265000 | PA      | $5274305.73   | 2.08%             | 2027-11-19      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                               | Marsh & McLennan Cos Inc                                      | CUSIP: 571748BZ4<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    730000 | PA      | $733040.07    | 0.29%             | 2027-11-08      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | LME NICKEL FUTURE NOV25                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |        45 | NC      | $86954.10     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-29

**Name of Applicant:** Neuberger Berman ETF Trust

**Signature:** John McGovern

**Name of Signer:** John McGovern

**Title:** Treasuer