# EDGAR Filing Document

**Accession Number:** 0001392116
**File Stem:** 0000940400-26-008665
**Filing Date:** 2026-2
**Character Count:** 101850
**Document Hash:** fbc2c66f498bd193a080b209537e1b06
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-008665.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0000940400-26-008665

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Voya Separate Portfolios Trust
- **CENTRAL INDEX KEY:** 0001392116

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22025
- **FILM NUMBER:** 26687466

**BUSINESS ADDRESS:**
- **BUSINESS PHONE:** 800-992-0180

**MAIL ADDRESS:**
- **STREET 1:** 7337 EAST DOUBLETREE RANCH ROAD
- **STREET 2:** STE 100
- **CITY:** SCOTTSDALE
- **STATE:** AZ
- **ZIP:** 85258-2034

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ING Separate Portfolios Trust
- **DATE OF NAME CHANGE:** 20070306

## Series and Classes Contracts Data

### Voya VACS Series SC Fund (Series ID: S000079626)

| Class ID   | Class Name               | Ticker Symbol   |
|:---|:---|:---|
| C000240816 | Voya VACS Series SC Fund | VVIRX           |

## 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 Separate Portfolios Trust

- **b. Investment Company Act file number:** 811-22025

- **c. CIK number of Registrant:** 0001392116

- **d. LEI of Registrant:** 549300ZK3E04XAD4QG44

- **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:** 1-800-992-0180

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

- **a. Name of Series:** Voya VACS Series SC Fund

- **b. EDGAR series identifier (if any):** S000079626

- **c. LEI of Series:** 549300WMAVLRYOGXL523

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

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-12-31

**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:** $178016579.34

**Total Liabilities:** $2519990.19

**Net Assets:** $175496589.15

**Delayed Delivery Securities:** $300000.00

**Cash Not Reported:** $1092571.21

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 73.36943000 | **1-Year:** 6299.34581000 | **5-Year:** 31408.64453000 | **10-Year:** 12884.16389000 | **30-Year:** 1.01770000

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

- **3-Month:** 36.49665000 | **1-Year:** 3360.16897000 | **5-Year:** 9722.25507000 | **10-Year:** 2723.49648000 | **30-Year:** 22.23403000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000240816 | 0.59%                | 0.76%                | 0.37%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $72606.23                | $223609.56                                 |
| Month 2  | $1059413.27              | $-452689.36                                |
| Month 3  | $898691.73               | $-983981.93                                |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                        | Title                                                             | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | US 2YR NOTE (CBT)                                                 | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       168 | NC      | $2393.04      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| JP Morgan Mortgage Trust                    | JP Morgan Mortgage Trust 2018-3                                   | CUSIP: 46649TBA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    514600 | PA      | $472312.40    | 0.27%             | 2048-09-25      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities               | GS Mortgage-Backed Securities Trust 2025-PJ6                      | CUSIP: 36272KAP5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1100000 | PA      | $1095400.02   | 0.62%             | 2055-11-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                            | Connecticut Avenue Securities Trust 2025-R03                      | CUSIP: 20754VAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1016461.80   | 0.58%             | 2045-03-25      | Floating      | 6.12%                 | No            |                  2 | On Loan: No      |
| Agate Bay Mortgage Loan Trust               | Agate Bay Mortgage Trust 2016-2                                   | CUSIP: 00842EAU5<br>LEI: 549300TSTBCBQ5EBD390 | Long             | ABS-MBS          | CORP              | US        |    265173 | PA      | $253115.53    | 0.14%             | 2046-03-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| HSBC USA INC DIS 0126                       | HSBC USA INC DIS 0126                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1996803.00   | 1.14%             | 2026-01-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Oaktown Re Ltd                              | Oaktown Re VII Ltd                                                | CUSIP: 67389JAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | BM        |   1144363 | PA      | $1161215.00   | 0.66%             | 2034-04-25      | Floating      | 7.22%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                            | Connecticut Avenue Securities Trust 2021-R02                      | CUSIP: 20754KAF8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    301148 | PA      | $307088.02    | 0.17%             | 2041-11-25      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| CARGRILL INC                                | CARGILL INC 0126                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1299730.90   | 0.74%             | 2026-01-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Oceanview Mortgage Trust                    | Oceanview Mortgage Trust 2021-5                                   | CUSIP: 67647ECF2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1043250 | PA      | $866133.72    | 0.49%             | 2051-10-25      | Variable      | 2.97%                 | No            |                  2 | On Loan: No      |
| Octagon Investment Partners XV              | Octagon Investment Partners XVI Ltd                               | CUSIP: 67590BAW0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    450000 | PA      | $451290.60    | 0.26%             | 2030-07-17      | Floating      | 5.99%                 | No            |                  2 | On Loan: No      |
| Agate Bay Mortgage Loan Trust               | Agate Bay Mortgage Trust 2015-1                                   | CUSIP: 00841WBN1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    422109 | PA      | $342411.95    | 0.20%             | 2045-01-25      | Variable      | 3.61%                 | No            |                  2 | On Loan: No      |
| MONDELEZ 0 CP 01/08/2026                    | MONDELEZ 0 CP 01/08/2026                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $999152.20    | 0.57%             | 2026-01-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Cherry Securitization Trust                 | Cherry Securitization Trust 2025-1                                | CUSIP: 16473RAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    750000 | PA      | $761923.20    | 0.43%             | 2032-11-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| INTOWN Mortgage Trust                       | INTOWN 2025-STAY Mortgage Trust                                   | CUSIP: 46117WAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    881000 | PA      | $883886.51    | 0.50%             | 2042-03-15      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                    | Benchmark 2018-B5 Mortgage Trust                                  | CUSIP: 08160BAN4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5710974 | PA      | $184014.44    | 0.10%             | 2051-07-15      | Variable      | 1.50%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust                      | Sequoia Mortgage Trust 2020-3                                     | CUSIP: 81748ACE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    521337 | PA      | $456982.04    | 0.26%             | 2050-04-25      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust              | Pagaya AI Debt Grantor Trust 2025-1                               | CUSIP: 69544NAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    649945 | PA      | $655560.03    | 0.37%             | 2032-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Flagstar Mortgage Trust                     | Flagstar Mortgage Trust 2020-1NV                                  | CUSIP: 33851YBE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    653784 | PA      | $602457.15    | 0.34%             | 2050-03-25      | Variable      | 4.18%                 | No            |                  2 | On Loan: No      |
| KSL Resorts                                 | KSL Commercial Mortgage Trust 2025-MH                             | CUSIP: 48268VAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $752204.55    | 0.43%             | 2042-12-15      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| GSJP Trust                                  | GSJP Trust 2025-BEDS                                              | CUSIP: 362946AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1001941.80   | 0.57%             | 2042-12-15      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| Triton Container Finance LLC                | Triton Container Finance VIII LLC                                 | CUSIP: 89680HAF9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    538414 | PA      | $498102.71    | 0.28%             | 2046-03-20      | Fixed         | 2.58%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                    | JP Morgan Mortgage Trust 2019-LTV2                                | CUSIP: 46651ABC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    396312 | PA      | $385802.83    | 0.22%             | 2049-12-25      | Variable      | 4.68%                 | No            |                  2 | On Loan: No      |
| Gam Resecuritization Trust                  | GAM RE-REMIC Trust 2022-FRR3                                      | CUSIP: 36459DBU4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     26147 | PA      | $25891.67     | 0.01%             | 2048-05-27      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BX Trust                                    | BX Commercial Mortgage Trust 2022-CSMO                            | CUSIP: 05610MAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1004158.40   | 0.57%             | 2027-06-15      | Floating      | 6.89%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust                      | Sequoia Mortgage Trust 2023-1                                     | CUSIP: 81749BCE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    601735 | PA      | $572639.28    | 0.33%             | 2053-01-25      | Variable      | 5.11%                 | No            |                  2 | On Loan: No      |
| Arbys Funding LLC                           | Arbys Funding LLC                                                 | CUSIP: 038779AB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    812955 | PA      | $792482.60    | 0.45%             | 2050-07-30      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities               | GS Mortgage-Backed Securities Trust 2024-INV1                     | CUSIP: 362952BY8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1396832 | PA      | $1428864.84   | 0.81%             | 2055-02-25      | Variable      | 6.55%                 | No            |                  2 | On Loan: No      |
| BX Trust                                    | BX Trust 2025-LUNR                                                | CUSIP: 05594CAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    887680 | PA      | $890076.33    | 0.51%             | 2040-06-15      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| PRM Trust                                   | PRM Trust 2025-PRM6                                               | CUSIP: 74277DAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $999493.20    | 0.57%             | 2033-07-05      | Variable      | 4.48%                 | No            |                  2 | On Loan: No      |
| SG Commercial Mortgage Securit              | SG Commercial Mortgage Securities Trust 2020-COVE                 | CUSIP: 78397FAJ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $926217.00    | 0.53%             | 2037-03-15      | Variable      | 3.73%                 | No            |                  2 | On Loan: No      |
| SUNRUN CALLISTO ISSUER LLC                  | Sunrun Atlas Issuer 2019-2 LLC                                    | CUSIP: 86772FAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    886842 | PA      | $855809.16    | 0.49%             | 2055-02-01      | Fixed         | 3.61%                 | No            |                  2 | On Loan: No      |
| United Wholsale Mortgage LLC                | UWM Mortgage Trust 2021-INV5                                      | CUSIP: 90355DBJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1347530 | PA      | $1139544.45   | 0.65%             | 2052-01-25      | Variable      | 3.23%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                    | JP Morgan Mortgage Trust 2020-5                                   | CUSIP: 46653JBU4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    653182 | PA      | $580806.80    | 0.33%             | 2050-12-25      | Variable      | 3.57%                 | No            |                  2 | On Loan: No      |
| Market Street CLO Ltd                       | Market Street CLO Ltd II                                          | CUSIP: 57064FAG4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    450000 | PA      | $450481.50    | 0.26%             | 2038-03-20      | Floating      | 5.78%                 | No            |                  2 | On Loan: No      |
| Gam Resecuritization Trust                  | GAM Re-REMIC Trust 2021-FRR1                                      | CUSIP: 364614AE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2235423 | PA      | $2055575.51   | 1.17%             | 2050-11-29      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP 0126                       | DUKE ENERGY CORP 0126                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1499225.25   | 0.85%             | 2026-01-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Ajax Mortgage Loan Trust                    | Ajax Mortgage Loan Trust 2019-F                                   | CUSIP: 00969PAB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    451722 | PA      | $439551.66    | 0.25%             | 2059-07-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Social Professional Loan Progr              | SoFi Professional Loan Program 2020-B Trust                       | CUSIP: 83405FAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1521000 | PA      | $1276037.47   | 0.73%             | 2046-05-15      | Fixed         | 2.73%                 | No            |                  2 | On Loan: No      |
| 1345 Trust                                  | 1345T 2025-AOA                                                    | CUSIP: 68271CAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1004613.40   | 0.57%             | 2042-06-15      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                    | Benchmark 2019-B14 Mortgage Trust                                 | CUSIP: 08162YAP7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4489366 | PA      | $203814.30    | 0.12%             | 2062-12-15      | Variable      | 1.27%                 | No            |                  2 | On Loan: No      |
| SWCH Commercial Mortgage Trust              | SWCH Commercial Mortgage Trust 2025-DATA                          | CUSIP: 78489CAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $992244.70    | 0.57%             | 2042-02-15      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| PRIMA Capital LTD                           | Prima Capital CRE Securitization 2019-VII Ltd                     | CUSIP: 74166VAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3011482 | PA      | $2880056.26   | 1.64%             | 2050-12-25      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust                      | Sequoia Mortgage Trust 2025-6                                     | CUSIP: 81749YCK5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    993781 | PA      | $988986.62    | 0.56%             | 2055-07-25      | Variable      | 6.22%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust              | Morgan Stanley Capital I 2017-HR2                                 | CUSIP: 61691NAL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4684360 | PA      | $122283.81    | 0.07%             | 2050-12-15      | Variable      | 1.58%                 | No            |                  2 | On Loan: No      |
| Bluemountain CLO Ltd                        | BlueMountain CLO XXXIV Ltd                                        | CUSIP: 09631JAQ9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $750909.75    | 0.43%             | 2035-04-20      | Floating      | 5.78%                 | No            |                  2 | On Loan: No      |
| Imperial Fund LLC                           | Imperial Fund Mortgage Trust 2021-NQM4                            | CUSIP: 45276JAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    451722 | PA      | $361662.86    | 0.21%             | 2057-01-25      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| BX Trust                                    | BX Commercial Mortgage Trust 2023-XL3                             | CUSIP: 12434GAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    537007 | PA      | $539742.58    | 0.31%             | 2040-12-09      | Floating      | 7.34%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                            | Connecticut Avenue Securities Trust 2024-R04                      | CUSIP: 20753GAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1004445.70   | 0.57%             | 2044-05-25      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| BSPRT Issuer, Ltd.                          | BSPRT 2025-FL12 Issuer LLC                                        | CUSIP: 05619BAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $1001530.85   | 0.57%             | 2043-01-17      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| Atrium Hotel Portfolio Trust                | Atrium Hotel Portfolio Trust 2017-ATRM                            | CUSIP: 04965JAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $486625.00    | 0.28%             | 2036-12-15      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| Bank                                        | BANK 2020-BNK27                                                   | CUSIP: 06539XAN4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  15784368 | PA      | $595762.03    | 0.34%             | 2063-04-15      | Variable      | 1.15%                 | No            |                  2 | On Loan: No      |
| Pretium Mortgage Credit Partne              | PRET 2025-RPL2 Trust                                              | CUSIP: 69392LAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    927689 | PA      | $908073.27    | 0.52%             | 2064-08-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P              | Freddie Mac Multifamily Structured Pass Through Certificates      | CUSIP: 3137H2NZ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3881000 | PA      | $281277.78    | 0.16%             | 2036-08-25      | Variable      | 0.98%                 | No            |                  2 | On Loan: No      |
| NYC Commercial Mortgage Trust               | NYC Commercial Mortgage Trust 2025-28L                            | CUSIP: 67123JAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    700000 | PA      | $702137.03    | 0.40%             | 2038-11-05      | Variable      | 5.01%                 | No            |                  2 | On Loan: No      |
| Galaxy CLO Ltd                              | Galaxy 31 Clo Ltd                                                 | CUSIP: 36320HAQ2<br>LEI: 549300XTB6S9P2VMDV60 | Long             | ABS-CBDO         | CORP              | KY        |   1050000 | PA      | $1054357.50   | 0.60%             | 2038-07-15      | Floating      | 5.90%                 | No            |                  2 | On Loan: No      |
| Birch Grove CLO Ltd.                        | Birch Grove CLO 3 Ltd                                             | CUSIP: 09076VAW1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    550000 | PA      | $551157.20    | 0.31%             | 2038-01-19      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| Guaranteed Funding (DK) Limite              | DK Trust 2024-SPBX                                                | CUSIP: 23346LAL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1250000 | PA      | $1253560.50   | 0.71%             | 2034-03-15      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| Oaktree CLO Ltd                             | Oaktree CLO 2019-4 Ltd                                            | CUSIP: 67402CBJ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1504989.00   | 0.86%             | 2037-07-20      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust                      | Sequoia Mortgage Trust 2021-7                                     | CUSIP: 81748TCF8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    679911 | PA      | $573904.18    | 0.33%             | 2051-11-25      | Variable      | 2.86%                 | No            |                  2 | On Loan: No      |
| AB Bsl CLO 1 Ltd                            | AB BSL CLO 5 Ltd                                                  | CUSIP: 00038GAG5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |    300000 | PA      | $301011.30    | 0.17%             | 2038-01-20      | Floating      | 5.98%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                         | Freddie Mac STACR REMIC Trust 2021-HQA4                           | CUSIP: 35564KPN3<br>LEI: 5493000ISE4NWBTOSK36 | Long             | ABS-MBS          | CORP              | US        |   1505741 | PA      | $1538902.84   | 0.88%             | 2041-12-25      | Floating      | 7.62%                 | No            |                  2 | On Loan: No      |
| BX Trust                                    | BX Commercial Mortgage Trust 2024-GPA3                            | CUSIP: 123910AA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    802659 | PA      | $803591.43    | 0.46%             | 2039-12-15      | Floating      | 5.04%                 | No            |                  2 | On Loan: No      |
| Bain Capital Credit CLO, Limit              | Bain Capital Credit CLO 2022-1 Ltd                                | CUSIP: 05684UAS4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    900000 | PA      | $902931.30    | 0.51%             | 2038-10-18      | Floating      | 5.73%                 | No            |                  2 | On Loan: No      |
| GSAT Trust 2025-BMF                         | GSAT Trust 2025-BMF                                               | CUSIP: 36271XAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1002723.60   | 0.57%             | 2040-07-15      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Starwood Mortgage Residential               | Starwood Mortgage Residential Trust 2020-1                        | CUSIP: 85573AAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    903444 | PA      | $810048.04    | 0.46%             | 2050-02-25      | Variable      | 2.88%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities               | GS Mortgage-Backed Securities Corp Trust 2019-PJ3                 | CUSIP: 36257QAS5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    782213 | PA      | $730198.12    | 0.42%             | 2050-03-25      | Variable      | 3.97%                 | No            |                  2 | On Loan: No      |
| Hundred Acre Wood Trust                     | Hundred Acre Wood Trust 2021-INV3                                 | CUSIP: 44555QCF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    679881 | PA      | $584825.13    | 0.33%             | 2051-12-25      | Variable      | 3.32%                 | No            |                  2 | On Loan: No      |
| Mill City Solar Loan 2019-2 Lt              | Mill City Solar Loan 2019-2 Ltd                                   | CUSIP: 59982VAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    324165 | PA      | $296143.91    | 0.17%             | 2043-07-20      | Fixed         | 3.69%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag              | Wells Fargo Commercial Mortgage Trust 2017-C40                    | CUSIP: 95000YAZ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9129466 | PA      | $89008.19     | 0.05%             | 2050-10-15      | Variable      | 0.85%                 | No            |                  2 | On Loan: No      |
| Boca Commercial Mortgage Trust              | BOCA Commercial Mortgage Trust 2025-BOCA                          | CUSIP: 05619RAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1002967.80   | 0.57%             | 2042-12-15      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| Gam Resecuritization Trust                  | GAM Re-REMIC Trust 2021-FRR1                                      | CUSIP: 364614AG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3147000 | PA      | $2853325.26   | 1.63%             | 2050-11-29      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                    | JP Morgan Mortgage Trust 2019-7                                   | CUSIP: 46651GBF5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    754645 | PA      | $675138.85    | 0.38%             | 2050-02-25      | Variable      | 3.20%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                    | JP Morgan Trust 2015-1                                            | CUSIP: 46643UDQ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    189940 | PA      | $186620.39    | 0.11%             | 2044-12-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Starwood Residential Mortgage               | STAR 2021-1 Trust                                                 | CUSIP: 85573GAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    186716 | PA      | $175494.71    | 0.10%             | 2065-05-25      | Variable      | 1.53%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust                      | Sequoia Mortgage Trust 2017-2                                     | CUSIP: 81746KCC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    429103 | PA      | $407495.53    | 0.23%             | 2047-02-25      | Variable      | 3.55%                 | No            |                  2 | On Loan: No      |
| Banc of America Merrill Lynch               | BAMLL Trust 2025-ASHF                                             | CUSIP: 05494CAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1001704.40   | 0.57%             | 2042-02-15      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| PARKER-HANNIFIN CORP                        | PARKER-HANNIFIN CORP                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $998401.10    | 0.57%             | 2026-01-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                   | Morgan Stanley Bank of America Merrill Lynch Trust 2016-C29       | CUSIP: 61766EBJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $954884.40    | 0.54%             | 2049-05-15      | Fixed         | 4.04%                 | No            |                  2 | On Loan: No      |
| BX Trust                                    | BX Trust 2021-LGCY                                                | CUSIP: 12434DAN2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $498562.70    | 0.28%             | 2036-10-15      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities               | GS Mortgage-Backed Securities Corp Trust 2019-PJ3                 | CUSIP: 36257QAR7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    912973 | PA      | $854422.41    | 0.49%             | 2050-03-25      | Variable      | 3.97%                 | No            |                  2 | On Loan: No      |
| Helios Issuer, LLC                          | Sunnova Helios IV Issuer LLC                                      | CUSIP: 86746CAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    363976 | PA      | $324082.56    | 0.18%             | 2047-06-20      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| Starwood Mortgage Residential               | Starwood Mortgage Residential Trust 2020-3                        | CUSIP: 85573MAB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    602296 | PA      | $574808.23    | 0.33%             | 2065-04-25      | Variable      | 2.24%                 | No            |                  2 | On Loan: No      |
| Bojangles Issuer, LLC                       | Bojangles Issuer LLC                                              | CUSIP: 09748RAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    598500 | PA      | $605863.94    | 0.35%             | 2054-11-20      | Fixed         | 6.58%                 | No            |                  2 | On Loan: No      |
| CIP Commercial Mortgage Trust               | CIP Commercial Mortgage Trust 2025-SBAY                           | CUSIP: 12576AAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1250000 | PA      | $1252998.25   | 0.71%             | 2037-10-15      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| Bear Stearns Alt-A Trust                    | Bear Stearns ALT-A Trust 2005-9                                   | CUSIP: 07386HYH8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    316412 | PA      | $167940.63    | 0.10%             | 2035-11-25      | Variable      | 4.09%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan               | New Residential Mortgage Loan Trust 2017-6                        | CUSIP: 64830BAZ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    349457 | PA      | $343395.24    | 0.20%             | 2057-08-27      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Oceanview Mortgage Trust                    | Bayview MSR Opportunity Master Fund Trust 2021-INV5               | CUSIP: 07336JCL0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    544924 | PA      | $472977.72    | 0.27%             | 2051-11-25      | Variable      | 3.48%                 | No            |                  2 | On Loan: No      |
| Vivint Solar Financing LLC                  | Vivint Solar Financing VII LLC                                    | CUSIP: 92855HAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    569751 | PA      | $534173.60    | 0.30%             | 2051-07-31      | Fixed         | 2.21%                 | No            |                  2 | On Loan: No      |
| United Wholsale Mortgage LLC                | UWM Mortgage Trust 2021-INV1                                      | CUSIP: 90354XBC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    542360 | PA      | $467634.98    | 0.27%             | 2051-08-25      | Variable      | 3.15%                 | No            |                  2 | On Loan: No      |
| Bank                                        | BANK 2020-BNK30                                                   | CUSIP: 06541UCB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5095640 | PA      | $240950.92    | 0.14%             | 2053-12-15      | Variable      | 1.25%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities               | GS Mortgage-Backed Securities Trust 2022-PJ5                      | CUSIP: 362925CE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1187481 | PA      | $1002192.78   | 0.57%             | 2052-10-25      | Variable      | 2.98%                 | No            |                  2 | On Loan: No      |
| Palmer Square CLO Ltd                       | Palmer Square CLO 2018-2 Ltd                                      | CUSIP: 69688MAS4<br>LEI: 549300EYS8N79JYSXL17 | Long             | ABS-CBDO         | CORP              | KY        |    800000 | PA      | $803358.40    | 0.46%             | 2037-04-16      | Floating      | 6.39%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                         | COMM 2024-CBM Mortgage Trust                                      | CUSIP: 12674GAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $512396.50    | 0.29%             | 2041-12-10      | Variable      | 6.51%                 | No            |                  2 | On Loan: No      |
| Oceanview Mortgage Trust                    | Bayview Opportunity Master Fund VI Trust 2021-INV6                | CUSIP: 07335UCJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    699331 | PA      | $596245.92    | 0.34%             | 2051-10-25      | Variable      | 3.38%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Tru              | SMB Private Education Loan Trust 2014-A                           | CUSIP: 784456AF2<br>LEI: 549300XC4C7GRVLU6076 | Long             | ABS-O            | CORP              | US        |    790000 | PA      | $687679.60    | 0.39%             | 2045-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                    | Benchmark 2021-B25 Mortgage Trust                                 | CUSIP: 08163DAG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  10214741 | PA      | $430152.43    | 0.25%             | 2054-04-15      | Variable      | 1.07%                 | No            |                  2 | On Loan: No      |
| Apidos CLO Ltd                              | Apidos CLO XXXVI                                                  | CUSIP: 03769LAY4<br>LEI: 549300NWD6NYUKJT1J26 | Long             | ABS-CBDO         | CORP              | KY        |    600000 | PA      | $600554.40    | 0.34%             | 2039-01-20      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| Parallel Ltd                                | Parallel 2023-1 Ltd                                               | CUSIP: 69915NAN8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1001154.00   | 0.57%             | 2036-07-20      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                    | JP Morgan Mortgage Trust 2024-CCM1                                | CUSIP: 46658NAJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $999676.60    | 0.57%             | 2055-04-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Ellington Financial Mortgage T              | EFMT 2024-RM3                                                     | CUSIP: 26845EAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    931918 | PA      | $911233.44    | 0.52%             | 2054-12-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Social Professional Loan Progr              | Sofi Professional Loan Program 2018-D Trust                       | CUSIP: 83401AAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    632000 | PA      | $614466.30    | 0.35%             | 2048-02-25      | Fixed         | 4.14%                 | No            |                  2 | On Loan: No      |
| Wingstop Funding LLC                        | Wingstop Funding LLC                                              | CUSIP: 974153AB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1712154 | PA      | $1660562.65   | 0.95%             | 2050-12-05      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| Sound Point CLO LTD                         | Sound Point CLO XXXII Ltd                                         | CUSIP: 83616AAL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $500399.50    | 0.29%             | 2034-10-25      | Floating      | 6.27%                 | No            |                  2 | On Loan: No      |
| Mill City Mortgage Trust                    | Mill City Mortgage Trust 2015-2                                   | CUSIP: 599808BL5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    542067 | PA      | $507151.27    | 0.29%             | 2057-09-25      | Variable      | 3.69%                 | No            |                  2 | On Loan: No      |
| RFM RE-REMIC TRUST 2022-FRR1                | RFM Reremic Trust 2022-FRR1                                       | CUSIP: 74971BBP9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1940282.50   | 1.11%             | 2049-11-08      | Variable      | 2.33%                 | No            |                  2 | On Loan: No      |
| Verde CLO Ltd                               | VERDE CLO Ltd                                                     | CUSIP: 92338BBA2<br>LEI: 254900DT3DF8KM5RRZ79 | Long             | ABS-CBDO         | CORP              | KY        |    350000 | PA      | $350564.55    | 0.20%             | 2032-04-15      | Floating      | 5.90%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                    | Benchmark 2025-V17 Mortgage Trust                                 | CUSIP: 081934AR2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1025443.80   | 0.58%             | 2058-09-15      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage               | Citigroup Commercial Mortgage Trust 2017-P8                       | CUSIP: 17326DAX0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6220215 | PA      | $111175.46    | 0.06%             | 2050-09-15      | Variable      | 1.25%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Mortgage Backed Se              | Wells Fargo Mortgage Backed Securities 2020-1 Trust               | CUSIP: 95002KBK8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    549405 | PA      | $487779.59    | 0.28%             | 2049-12-25      | Variable      | 3.36%                 | No            |                  2 | On Loan: No      |
| CLI Funding LLC                             | CLI Funding VIII LLC                                              | CUSIP: 12565KAA5<br>LEI: 254900Z4P82YK31RVL27 | Long             | ABS-O            | CORP              | US        |    508259 | PA      | $473758.27    | 0.27%             | 2046-02-18      | Fixed         | 1.64%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | US 5YR NOTE (CBT)                                                 | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        36 | NC      | $-5970.58     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| BX Trust                                    | BX Commercial Mortgage Trust 2019-IMC                             | CUSIP: 05608BAL4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    723659 | PA      | $714358.97    | 0.41%             | 2034-04-15      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag              | Wells Fargo Commercial Mortgage Trust 2025-DWHP                   | CUSIP: 95004EAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1005784.00   | 0.57%             | 2038-04-15      | Floating      | 6.09%                 | No            |                  2 | On Loan: No      |
| The BAHA Trust                              | BAHA Trust 2024-MAR                                               | CUSIP: 05493XAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1048332.50   | 0.60%             | 2041-12-10      | Variable      | 6.84%                 | No            |                  2 | On Loan: No      |
| LQR Trust                                   | LQR Trust 2025-CALI                                               | CUSIP: 50216WAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1001771.10   | 0.57%             | 2043-01-15      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| Flagstar Mortgage Trust                     | Flagstar Mortgage Trust 2018-4                                    | CUSIP: 33851LAP9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    364993 | PA      | $338888.32    | 0.19%             | 2048-07-25      | Variable      | 4.13%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage S              | Barclays Commercial Mortgage Trust 2019-C4                        | CUSIP: 07335CAK0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  12779861 | PA      | $532469.06    | 0.30%             | 2052-08-15      | Variable      | 1.51%                 | No            |                  2 | On Loan: No      |
| Trafigura Securitisation Finan              | Trafigura Securitisation Finance PLC                              | CUSIP: 892725AX0<br>LEI: 549300CH6S10UEZXWN56 | Long             | ABS-O            | CORP              | IE        |   1850000 | PA      | $1874368.20   | 1.07%             | 2027-11-15      | Fixed         | 5.98%                 | No            |                  2 | On Loan: No      |
| Helios Issuer VI, LLC                       | SUNNOVA HELIOS II ISSUER LLC 2021-B                               | CUSIP: 86744TAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1939445 | PA      | $1443586.73   | 0.82%             | 2048-07-20      | Fixed         | 2.01%                 | No            |                  2 | On Loan: No      |
| PARKER-HANNIFI 01/08/2026                   | PARKER-HANNIFI 01/08/2026                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    793000 | PA      | $792326.43    | 0.45%             | 2026-01-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                    | JP Morgan Mortgage Trust 2018-4                                   | CUSIP: 46649CBF9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    529871 | PA      | $490605.20    | 0.28%             | 2048-10-25      | Variable      | 3.71%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                  | Verus Securitization Trust 2021-3                                 | CUSIP: 92539LAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    233189 | PA      | $206156.27    | 0.12%             | 2066-06-25      | Variable      | 1.05%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                    | JP Morgan Mortgage Trust 2019-INV1                                | CUSIP: 46591DAY5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    433971 | PA      | $426305.39    | 0.24%             | 2049-09-25      | Variable      | 4.92%                 | No            |                  2 | On Loan: No      |
| GCAT                                        | GCAT 2022-INV3 Trust                                              | CUSIP: 36830RCC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    474073 | PA      | $449145.34    | 0.26%             | 2052-08-25      | Variable      | 4.60%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                    | OBX 2022-J1 Trust                                                 | CUSIP: 67116WAP4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    367485 | PA      | $305069.54    | 0.17%             | 2052-02-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                    | J.P. Morgan Mortgage Trust 2023-2                                 | CUSIP: 46656DDF5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    753760 | PA      | $721303.64    | 0.41%             | 2053-07-25      | Variable      | 5.60%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust                      | Sequoia Mortgage Trust 2019-CH3                                   | CUSIP: 81748GEQ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    457361 | PA      | $441563.71    | 0.25%             | 2049-09-25      | Variable      | 4.51%                 | No            |                  2 | On Loan: No      |
| LoanCore 2018-CRE1 Issuer, Ltd              | LoanCore 2025 2025-CRE8 Issuer LLC                                | CUSIP: 53947FAG6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $992187.45    | 0.57%             | 2042-08-17      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| BX Trust                                    | BX Trust 2021-SDMF                                                | CUSIP: 12434CAL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1159970 | PA      | $1156218.35   | 0.66%             | 2034-09-15      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                    | JP Morgan Mortgage Trust 2019-8                                   | CUSIP: 46591KBU6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    747223 | PA      | $672554.99    | 0.38%             | 2050-03-25      | Variable      | 3.39%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY                              | SIMON PROPERTY G 0126                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $999364.30    | 0.57%             | 2026-01-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Bank                                        | BANK 2017-BNK8                                                    | CUSIP: 06650AAN7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6369284 | PA      | $140301.95    | 0.08%             | 2050-11-15      | Variable      | 1.29%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                    | JP Morgan Mortgage Trust 2017-4                                   | CUSIP: 46648UAZ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    337126 | PA      | $313174.27    | 0.18%             | 2048-11-25      | Variable      | 3.87%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                    | J.P. Morgan Mortgage Trust 2022-6                                 | CUSIP: 46655KDF0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1106409 | PA      | $927921.12    | 0.53%             | 2052-11-25      | Variable      | 3.29%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities               | GS Mortage-Backed Securities Trust 2020-PJ1                       | CUSIP: 36258FAT6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    582117 | PA      | $518538.14    | 0.30%             | 2050-05-25      | Variable      | 3.61%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust              | Pagaya AI Debt Grantor Trust 2024-11                              | CUSIP: 69544AAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    515722 | PA      | $519714.14    | 0.30%             | 2032-07-15      | Fixed         | 5.64%                 | No            |                  2 | On Loan: No      |
| WCORE Commercial Mortgage Trus              | WCORE Commercial Mortgage Trust 2024-CORE                         | CUSIP: 951913AC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1005224.40   | 0.57%             | 2041-11-15      | Floating      | 5.59%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                    | JP Morgan Mortgage Trust 2025-CCM1                                | CUSIP: 46593MAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    438363 | PA      | $443105.20    | 0.25%             | 2055-06-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Banc of America Commercial Mor              | Bank of America Merrill Lynch Commercial Mortgage Trust 2017-BNK3 | CUSIP: 06427DAX1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    900000 | PA      | $880885.62    | 0.50%             | 2050-02-15      | Variable      | 4.35%                 | No            |                  2 | On Loan: No      |
| Madison Avenue Trust                        | MAD Commercial Mortgage Trust 2025-11MD                           | CUSIP: 55616AAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1250000 | PA      | $1256083.00   | 0.72%             | 2042-10-15      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| CD Commercial Mortgage Trust                | CD 2019-CD8 Mortgage Trust                                        | CUSIP: 12515BAF5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5099615 | PA      | $193863.15    | 0.11%             | 2057-08-15      | Variable      | 1.38%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO 18 Ltd                          | Elmwood CLO 18 Ltd                                                | CUSIP: 29003MAS6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $753291.75    | 0.43%             | 2037-07-17      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| ORL TRUST                                   | ORL Trust 2024-GLKS                                               | CUSIP: 67120DAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1002836.00   | 0.57%             | 2039-12-15      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| Goddard Funding LLC                         | Goddard Funding LLC                                               | CUSIP: 380241AA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    661050 | PA      | $668577.91    | 0.38%             | 2052-10-30      | Fixed         | 6.86%                 | No            |                  2 | On Loan: No      |
| Laurel Road Prime Student Loan              | Laurel Road Prime Student Loan Trust 2019-A                       | CUSIP: 51889RAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    238023 | PA      | $235529.47    | 0.13%             | 2048-10-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                    | JP Morgan Mortgage Trust 2019-LTV1                                | CUSIP: 46650PAZ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    194351 | PA      | $187678.06    | 0.11%             | 2049-06-25      | Variable      | 4.60%                 | No            |                  2 | On Loan: No      |
| BlackRock Liquidity FedFund                 | BlackRock Liquidity FedFund                                       | CUSIP: 09248U700<br>LEI: 549300T8K043VZEOVK74 | Long             | STIV             | RF                | US        |   3150000 | NS      | $3150000.00   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| VOLKSWAGEN GROUP 0126                       | VOLKSWAGEN GROUP 0126                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | DE        |   1000000 | PA      | $999480.20    | 0.57%             | 2026-01-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Extended Stay America Trust                 | Extended Stay America Trust 2025-ESH                              | CUSIP: 30227TAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1250000 | PA      | $1253643.00   | 0.71%             | 2042-10-15      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag              | Wells Fargo Commercial Mortgage Trust 2016-LC25                   | CUSIP: 95000JAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    861000 | PA      | $809331.82    | 0.46%             | 2059-12-15      | Variable      | 3.01%                 | No            |                  2 | On Loan: No      |
| Chase Mortgage Finance Corpora              | Chase Home Lending Mortgage Trust 2024-8                          | CUSIP: 16159XAV4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    861289 | PA      | $864942.53    | 0.49%             | 2055-08-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                    | JP Morgan Mortgage Trust 2019-LTV3                                | CUSIP: 46651HBW6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    630579 | PA      | $593314.43    | 0.34%             | 2050-03-25      | Variable      | 4.30%                 | No            |                  2 | On Loan: No      |
| Loanpal Solar Loan 2020-3 Ltd               | Loanpal Solar Loan Ltd                                            | CUSIP: 53948NAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    411171 | PA      | $290487.92    | 0.17%             | 2047-12-20      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Oaktree CLO Ltd                             | Oaktree CLO 2024-25 Ltd                                           | CUSIP: 67402PAE7<br>LEI: 254900NTZ5OVNC5X7789 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250914.75    | 0.14%             | 2037-04-20      | Floating      | 6.38%                 | No            |                  2 | On Loan: No      |
| WINGSTOP FUNDING LLC                        | Wingstop Funding LLC                                              | CUSIP: 974153AE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1650000 | PA      | $1698637.38   | 0.97%             | 2054-12-05      | Fixed         | 5.86%                 | No            |                  2 | On Loan: No      |
| BX Trust                                    | BX Trust 2021-RISE                                                | CUSIP: 12434EAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    289103 | PA      | $289042.30    | 0.16%             | 2036-11-15      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                         | COMM 2024-CBM Mortgage Trust                                      | CUSIP: 12674GAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $509724.65    | 0.29%             | 2041-12-10      | Variable      | 5.87%                 | No            |                  2 | On Loan: No      |
| arbor multifamily mortgage sec              | Arbor Multifamily Mortgage Securities Trust 2021-MF3              | CUSIP: 03882KBA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    776962 | PA      | $631593.96    | 0.36%             | 2054-10-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag              | Wells Fargo Commercial Mortgage Trust 2021-C60                    | CUSIP: 95003DBP2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6002498 | PA      | $362538.89    | 0.21%             | 2054-08-15      | Variable      | 1.49%                 | No            |                  2 | On Loan: No      |
| Apidos CLO                                  | Apidos CLO XXIV                                                   | CUSIP: 03759CAX8<br>LEI: 549300PPHIOJQEKPJH29 | Long             | ABS-CBDO         | CORP              | KY        |    730000 | PA      | $731313.27    | 0.42%             | 2030-10-20      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                            | Connecticut Avenue Securities Trust 2023-R05                      | CUSIP: 207942AC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $535768.90    | 0.31%             | 2043-06-25      | Floating      | 8.62%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                         | Freddie Mac STACR REMIC Trust 2022-DNA2                           | CUSIP: 35564KSJ9<br>LEI: 5493000ISA3AUOXQEF68 | Long             | ABS-MBS          | CORP              | US        |   2845850 | PA      | $2959466.58   | 1.69%             | 2042-02-25      | Floating      | 8.62%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust               | Citigroup Mortgage Loan Trust 2024-CMI1                           | CUSIP: 17332DBZ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    982353 | PA      | $997862.28    | 0.57%             | 2054-06-25      | Variable      | 6.40%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | US LONG BOND(CBT)                                                 | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        21 | NC      | $8408.18      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae - CAS                            | Connecticut Avenue Securities Trust 2020-R02                      | CUSIP: 20754WAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    602296 | PA      | $612752.52    | 0.35%             | 2040-01-25      | Floating      | 6.99%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                | GS Mortgage Securities Trust 2021-GSA3                            | CUSIP: 36263UAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    542067 | PA      | $335592.76    | 0.19%             | 2054-12-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust                      | Sequoia Mortgage Trust 2019-2                                     | CUSIP: 81746YCD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    339300 | PA      | $320189.75    | 0.18%             | 2049-06-25      | Variable      | 4.26%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust                      | Sequoia Mortgage Trust 2019-CH2                                   | CUSIP: 81747CCH2<br>LEI: 549300RES143ZXEZ6T39 | Long             | ABS-MBS          | CORP              | US        |    434493 | PA      | $431087.68    | 0.25%             | 2049-08-25      | Variable      | 4.81%                 | No            |                  2 | On Loan: No      |
| Sunnova Sol Issuer,LLC                      | Sunnova Sol II Issuer LLC                                         | CUSIP: 86745PAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1028578 | PA      | $887082.24    | 0.51%             | 2055-11-01      | Fixed         | 2.73%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                    | J.P. Morgan Mortgage Trust 2022-1                                 | CUSIP: 46654WCK5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    467631 | PA      | $383676.22    | 0.22%             | 2052-07-25      | Variable      | 3.09%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                    | JP Morgan Mortgage Trust 2020-8                                   | CUSIP: 46652TCK4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    384595 | PA      | $341496.90    | 0.19%             | 2051-03-25      | Variable      | 3.49%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                    | J.P. Morgan Mortgage Trust 2021-14                                | CUSIP: 46653QCH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    407969 | PA      | $337428.89    | 0.19%             | 2052-05-25      | Variable      | 3.15%                 | No            |                  2 | On Loan: No      |
| BX Trust                                    | BX Commercial Mortgage Trust 2024-AIRC                            | CUSIP: 12433CAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1240459 | PA      | $1248628.33   | 0.71%             | 2041-08-15      | Floating      | 5.89%                 | No            |                  2 | On Loan: No      |
| Mosaic Solar Loans LLC                      | Mosaic Solar Loan Trust 2018-1                                    | CUSIP: 61946FAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    195081 | PA      | $184291.74    | 0.11%             | 2043-06-22      | Fixed         | 4.01%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | US 10YR ULTRA                                                     | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       -14 | NC      | $5658.52      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| JP Morgan Mortgage Trust                    | JP Morgan Mortgage Trust 2019-INV3                                | CUSIP: 46591LBW0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    911838 | PA      | $854066.83    | 0.49%             | 2050-05-25      | Variable      | 4.35%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                    | JP Morgan Mortgage Trust 2014-1                                   | CUSIP: 46641CBS9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    262834 | PA      | $226091.57    | 0.13%             | 2044-01-25      | Variable      | 3.68%                 | No            |                  2 | On Loan: No      |
| Gam Resecuritization Trust                  | GAM RE-REMIC Trust 2022-FRR3                                      | CUSIP: 36459DBW0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    134053 | PA      | $130536.07    | 0.07%             | 2048-05-27      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Helios Issuer, LLC                          | SUNNOVA HELIOS II ISSUER LLC 2018-1                               | CUSIP: 86745JAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    487720 | PA      | $432360.14    | 0.25%             | 2048-07-20      | Fixed         | 7.71%                 | No            |                  2 | On Loan: No      |
| FS Rialto Issuer Ltd                        | FS Rialto 2025-FL10 Issuer LLC                                    | CUSIP: 30340KAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $999888.05    | 0.57%             | 2042-08-19      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| RCKT Mortgage Trust 2020-1                  | RCKT Mortgage Trust 2020-1                                        | CUSIP: 749389BH4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    520184 | PA      | $473441.34    | 0.27%             | 2050-02-25      | Variable      | 3.47%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                    | JP Morgan Mortgage Trust 2017-6                                   | CUSIP: 46649HBB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    346761 | PA      | $316911.15    | 0.18%             | 2048-12-25      | Variable      | 3.78%                 | No            |                  2 | On Loan: No      |
| American Money Management Corp              | AMMC CLO 30 Ltd                                                   | CUSIP: 03165UAG3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1002555.00   | 0.57%             | 2037-01-15      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                    | JP Morgan Mortgage Trust Series 2025-3                            | CUSIP: 46593RAH9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1100000 | PA      | $1124496.56   | 0.64%             | 2055-09-25      | Variable      | 6.78%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                    | JP Morgan Mortgage Trust 2024-12                                  | CUSIP: 46658TAU8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    721512 | PA      | $732533.72    | 0.42%             | 2055-06-25      | Variable      | 6.15%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | US 10YR NOTE (CBT)                                                | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        53 | NC      | $-27280.99    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| SUNRUN CALLISTO ISSUER LLC                  | Sunrun Xanadu Issuer 2019-1 LLC                                   | CUSIP: 86773PAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    329596 | PA      | $315013.67    | 0.18%             | 2054-06-30      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| United Wholsale Mortgage LLC                | UWM Mortgage Trust 2021-INV4                                      | CUSIP: 918307BH1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    412091 | PA      | $341691.57    | 0.19%             | 2051-12-25      | Variable      | 3.21%                 | No            |                  2 | On Loan: No      |
| Navesink CLO, Limited                       | Navesink CLO 2 Ltd                                                | CUSIP: 63942YAW4<br>LEI: 254900HNRWNLGN0X1N35 | Long             | ABS-CBDO         | CORP              | KY        |    300000 | PA      | $300225.00    | 0.17%             | 2036-01-15      | Floating      | 0.01%                 | No            |                  2 | On Loan: No      |
| MFRA Trust                                  | MFA 2021-INV2 Trust                                               | CUSIP: 552732AD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1050706 | PA      | $860407.91    | 0.49%             | 2056-11-25      | Variable      | 3.20%                 | No            |                  2 | On Loan: No      |
| Fontainebleau Miami Beach Trus              | Fontainebleau Miami Beach Mortgage Trust 2024-FBLU                | CUSIP: 34461WAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1003435.80   | 0.57%             | 2039-12-15      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust                      | Sequoia Mortgage Trust 2020-2                                     | CUSIP: 81748KEG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    645082 | PA      | $580076.23    | 0.33%             | 2050-03-25      | Variable      | 3.63%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust                      | Sequoia Mortgage Trust 2024-2                                     | CUSIP: 81749HAT5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    526670 | PA      | $534187.53    | 0.30%             | 2054-03-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| KSL Resorts                                 | KSL Commercial Mortgage Trust 2024-HT2                            | CUSIP: 500937AA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1213634 | PA      | $1214936.85   | 0.69%             | 2039-12-15      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust               | Citigroup Mortgage Loan Trust 2021-J3                             | CUSIP: 17330BDN7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    409530 | PA      | $340356.77    | 0.19%             | 2051-09-25      | Variable      | 2.86%                 | No            |                  2 | On Loan: No      |
| DBC 2025-DBC Mortgage Trust                 | DBC 2025-DBC Mortgage Trust                                       | CUSIP: 23306HAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1250000 | PA      | $1252752.00   | 0.71%             | 2042-11-15      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | US ULTRA BOND CBT                                                 | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       -29 | NC      | $26029.37     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo Commercial Mortgag              | Wells Fargo Commercial Mortgage Trust 2025-VTT                    | CUSIP: 94990GAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    850000 | PA      | $855394.61    | 0.49%             | 2038-03-15      | Variable      | 5.49%                 | No            |                  2 | On Loan: No      |
| La Quinta Mortgage Trust                    | LAQ 2023-LAQ Mortgage Trust                                       | CUSIP: 516681AG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    229883 | PA      | $224660.52    | 0.13%             | 2036-03-15      | Floating      | 7.94%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                            | Connecticut Avenue Securities Trust 2022-R01                      | CUSIP: 20754LAF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1054019 | PA      | $1074334.37   | 0.61%             | 2041-12-25      | Floating      | 7.02%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                | GS Mortgage Securities Trust 2019-GC39                            | CUSIP: 36260JAL1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    653492 | PA      | $511452.97    | 0.29%             | 2052-05-10      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                   | Towd Point Mortgage Trust 2015-2                                  | CUSIP: 89171YBD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    331263 | PA      | $330394.33    | 0.19%             | 2057-11-25      | Variable      | 4.87%                 | No            |                  2 | On Loan: No      |
| TIF Funding II LLC                          | TIF Funding II LLC                                                | CUSIP: 872480AE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    417244 | PA      | $383035.39    | 0.22%             | 2046-02-20      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Zaxby's Funding LLC                         | Zaxbys Funding LLC                                                | CUSIP: 98920MAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1888688 | PA      | $1784949.83   | 1.02%             | 2051-07-30      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                    | Benchmark 2019-B10 Mortgage Trust                                 | CUSIP: 08162VAF5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4976325 | PA      | $166753.90    | 0.10%             | 2062-03-15      | Variable      | 1.22%                 | No            |                  2 | On Loan: No      |
| Deephaven Residential Mortgage              | Deephaven Residential Mortgage Trust 2021-4                       | CUSIP: 24381JAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    602296 | PA      | $482595.63    | 0.27%             | 2066-11-25      | Variable      | 3.26%                 | No            |                  2 | On Loan: No      |
| PRIMA Capital LTD                           | Prima Capital CRE Securitization 2019-VII Ltd                     | CUSIP: 74166QAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    220803 | PA      | $218996.23    | 0.12%             | 2050-12-25      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Sunrun Iris Issuer                          | Sunrun Iris Issuer 2023-1 LLC                                     | CUSIP: 86772YAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    702679 | PA      | $698572.13    | 0.40%             | 2059-01-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                    | JP Morgan Mortgage Trust 2019-HYB1                                | CUSIP: 46651FAR2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    797136 | PA      | $808743.38    | 0.46%             | 2049-10-25      | Variable      | 5.02%                 | No            |                  2 | On Loan: No      |
| Shellpoint Co-Originator Trust              | Shellpoint Co-Originator Trust 2017-2                             | CUSIP: 82281FCD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    307889 | PA      | $287826.38    | 0.16%             | 2047-10-25      | Variable      | 3.62%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                    | JP Morgan Mortgage Trust 2017-1                                   | CUSIP: 46648CAZ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    816711 | PA      | $736539.91    | 0.42%             | 2047-01-25      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                    | JP Morgan Mortgage Trust 2021-INV6                                | CUSIP: 46654FAP3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    305791 | PA      | $253854.16    | 0.14%             | 2052-04-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| Mello Mortgage Capital Accepta              | Mello Mortgage Capital Acceptance 2018-MTG2                       | CUSIP: 585499BR6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    533576 | PA      | $511994.39    | 0.29%             | 2048-10-25      | Variable      | 4.31%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust                      | Sequoia Mortgage Trust 2019-CH3                                   | CUSIP: 81748GEJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    776675 | PA      | $751118.58    | 0.43%             | 2049-09-25      | Variable      | 4.51%                 | No            |                  2 | On Loan: No      |
| Flagstar Mortgage Trust                     | Flagstar Mortgage Trust 2020-1NV                                  | CUSIP: 33851YBD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1311753 | PA      | $1217765.59   | 0.69%             | 2050-03-25      | Variable      | 4.18%                 | No            |                  2 | On Loan: No      |
| Balboa Bay Loan Funding Ltd                 | Balboa Bay Loan Funding 2022-1 Ltd                                | CUSIP: 05766EAQ5<br>LEI: 549300USDGJ8GD3PWY07 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $501283.50    | 0.29%             | 2037-04-20      | Floating      | 6.18%                 | No            |                  2 | On Loan: No      |
| IndyMac INDX Mortgage Loan Tru              | IndyMac INDX Mortgage Loan Trust 2006-AR2                         | CUSIP: 45661EAF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    598619 | PA      | $465917.35    | 0.27%             | 2046-02-25      | Floating      | 4.27%                 | No            |                  2 | On Loan: No      |
| Social Professional Loan Progr              | Sofi Professional Loan Program 2018-C Trust                       | CUSIP: 78490DAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    602000 | PA      | $586277.81    | 0.33%             | 2048-01-25      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                    | JP Morgan Mortgage Trust 2023-10                                  | CUSIP: 465986AR8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    967087 | PA      | $961519.29    | 0.55%             | 2054-05-25      | Variable      | 6.22%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                    | JP Morgan Mortgage Trust 2019-LTV2                                | CUSIP: 46651ABB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    396312 | PA      | $386775.70    | 0.22%             | 2049-12-25      | Variable      | 4.68%                 | No            |                  2 | On Loan: No      |
| Mosaic Solar Loans LLC                      | Mosaic Solar Loan Trust 2020-1                                    | CUSIP: 61946NAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250254 | PA      | $219069.36    | 0.12%             | 2046-04-20      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                            | Connecticut Avenue Securities Trust 2020-SBT1                     | CUSIP: 20753VBE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    873330 | PA      | $900464.89    | 0.51%             | 2040-02-25      | Floating      | 7.64%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities               | GS Mortgage-Backed Securities Trust 2023-PJ4                      | CUSIP: 36270XAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    663060 | PA      | $675922.74    | 0.39%             | 2054-01-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| CIM Trust                                   | CIM Trust 2021-J1                                                 | CUSIP: 12564KAU2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    329322 | PA      | $273080.19    | 0.16%             | 2051-03-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| Oceanview Mortgage Trust                    | Bayview MSR Opportunity Master Fund Trust 2021-INV2               | CUSIP: 07336NCJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    572995 | PA      | $484646.86    | 0.28%             | 2051-12-25      | Variable      | 3.39%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                    | Benchmark 2020-B22 Mortgage Trust                                 | CUSIP: 08163BBF7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4719238 | PA      | $287072.21    | 0.16%             | 2054-01-15      | Variable      | 1.49%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                            | Connecticut Avenue Securities Trust 2023-R02                      | CUSIP: 20755AAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1761717 | PA      | $1898815.93   | 1.08%             | 2043-01-25      | Floating      | 9.42%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                            | COLT 2021-1 Mortgage Loan Trust                                   | CUSIP: 19688EAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    834328 | PA      | $728669.46    | 0.42%             | 2066-06-25      | Variable      | 0.91%                 | No            |                  2 | On Loan: No      |
| Venture CDO Ltd                             | Venture 33 CLO Ltd                                                | CUSIP: 92330YAW3<br>LEI: 549300NQPL9XHZ20E278 | Long             | ABS-CBDO         | CORP              | KY        |    333280 | PA      | $333710.93    | 0.19%             | 2031-07-15      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| SOUTHERN PWR CO 0126                        | SOUTHERN PWR CO 0126                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1998264.00   | 1.14%             | 2026-01-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PRM5 Trust                                  | PRM5 Trust 2025-PRM5                                              | CUSIP: 693980AA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1000145.80   | 0.57%             | 2033-03-10      | Variable      | 4.47%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                            | Connecticut Avenue Securities Trust 2025-R02                      | CUSIP: 20754TAH5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $503311.10    | 0.29%             | 2045-02-25      | Floating      | 5.82%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                    | JP Morgan Mortgage Trust 2018-3                                   | CUSIP: 46649TAZ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    363181 | PA      | $333338.02    | 0.19%             | 2048-09-25      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| Sunrun Jupiter Issuer                       | Sunrun Jupiter Issuer 2022-1 LLC                                  | CUSIP: 86772RAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1858445 | PA      | $1801563.66   | 1.03%             | 2057-07-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| HYT Commercial Mortgage Trust               | HYT Commercial Mortgage Trust 2024-RGCY                           | CUSIP: 449173AC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    600000 | PA      | $602247.90    | 0.34%             | 2041-09-15      | Floating      | 6.09%                 | No            |                  2 | On Loan: No      |
| Ajax Mortgage Loan Trust                    | Ajax Mortgage Loan Trust 2019-D                                   | CUSIP: 00968FAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    903444 | PA      | $864299.94    | 0.49%             | 2065-09-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Social Professional Loan Progr              | SoFi Professional Loan Program 2020-C Trust                       | CUSIP: 83390UAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1235000 | PA      | $1073879.31   | 0.61%             | 2046-02-15      | Fixed         | 3.36%                 | No            |                  2 | On Loan: No      |
| TBW Mortgage Backed Pass Throu              | TBW Mortgage-Backed Trust 2006-6                                  | CUSIP: 87222PAU7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1067145 | PA      | $233729.94    | 0.13%             | 2037-01-25      | Variable      | 6.54%                 | No            |                  2 | On Loan: No      |
| Cedar Funding Ltd                           | Cedar Funding V CLO Ltd                                           | CUSIP: 15032AAU1<br>LEI: 635400NWFWJ92O7QGD64 | Long             | ABS-CBDO         | CORP              | KY        |    800000 | PA      | $801272.80    | 0.46%             | 2031-07-17      | Floating      | 6.24%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE US INC 0126                        | ENBRIDGE US INC 0126                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $999150.50    | 0.57%             | 2026-01-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-26

**Name of Applicant:** Voya Separate Portfolios Trust

**Signature:** Dorothy Roman

**Name of Signer:** Dorothy Roman

**Title:** Vice President, Fund Administration