# EDGAR Filing Document

**Accession Number:** 0001081400
**File Stem:** 0001752724-23-015232
**Filing Date:** 2023-1
**Character Count:** 249261
**Document Hash:** bb288118affa1a83fffc29394df673b7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-015232.hdr.sgml**: 20230126

**ACCESSION NUMBER**: 0001752724-23-015232

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230126

**DATE AS OF CHANGE**: 20230126

**PERIOD START**: 20230831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ALLSPRING FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001081400
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09253
- **FILM NUMBER:** 23558292

**BUSINESS ADDRESS:**
- **STREET 1:** 1415 VANTAGE PARK DRIVE
- **STREET 2:** 3RD FLOOR
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28203
- **BUSINESS PHONE:** 833-568-4225

**MAIL ADDRESS:**
- **STREET 1:** 1415 VANTAGE PARK DRIVE
- **STREET 2:** 3RD FLOOR
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28203

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WELLS FARGO FUNDS TRUST
- **DATE OF NAME CHANGE:** 19990308

## Series and Classes Contracts Data

### Allspring Short-Term Bond Plus Fund (Series ID: S000007427)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000020381 | Class A             | SSTVX           |
| C000020382 | Institutional Class | SSHIX           |
| C000064987 | Class C             | WFSHX           |
| C000205248 | Class R6            | SSTYX           |

## Nport-Ex

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Agency securities: 0.70%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC (1 Year Treasury Constant Maturity +2.24%) ± | 2.90% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-1-2038 | $&nbsp;&nbsp;&nbsp; 81520 | &nbsp;&nbsp;$81947 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC (1 Year Treasury Constant Maturity +2.25%) ± | 3.25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-1-2032 | &nbsp;&nbsp;&nbsp; 15622 | &nbsp;&nbsp;&nbsp;&nbsp; 15392 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC (3 Year Treasury Constant Maturity +2.28%) ± | 3.41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5-1-2026 | &nbsp;&nbsp;&nbsp; 3785 | &nbsp;&nbsp;&nbsp;&nbsp; 3742 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC | 3.50 | &nbsp;&nbsp;10-15-2025 | &nbsp;&nbsp;&nbsp; 102306 | &nbsp;&nbsp;&nbsp;&nbsp; 100214 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC (1 Year Treasury Constant Maturity +0.00%) ± | 3.53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7-1-2029 | &nbsp;&nbsp;&nbsp; 147 | &nbsp;&nbsp;&nbsp;&nbsp; 145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC | 4.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5-1-2025 | &nbsp;&nbsp;&nbsp; 134126 | &nbsp;&nbsp;&nbsp;&nbsp; 134603 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC (12 Month LIBOR +1.91%) ± | 4.16 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9-1-2031 | &nbsp;&nbsp;&nbsp; 1704 | &nbsp;&nbsp;&nbsp;&nbsp; 1673 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC Series 2597 Class AE | 5.50 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2033 | &nbsp;&nbsp;&nbsp; 10270 | &nbsp;&nbsp;&nbsp;&nbsp; 10287 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC Series 2642 Class AR | 4.50 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2023 | &nbsp;&nbsp;&nbsp; 10881 | &nbsp;&nbsp;&nbsp;&nbsp; 10826 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC Series QO04 Class AFL (12 Month Treasury Average +0.74%) ± | 2.79 | &nbsp;&nbsp;&nbsp;&nbsp;5-25-2044 | &nbsp;&nbsp;&nbsp; 306943 | &nbsp;&nbsp;&nbsp;&nbsp; 306908 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC Series T-42 Class A6 | 9.50 | &nbsp;&nbsp;&nbsp;&nbsp;2-25-2042 | &nbsp;&nbsp;&nbsp; 207152 | &nbsp;&nbsp;&nbsp;&nbsp; 230479 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC Series T-57 Class 2A1 ±± | 3.58 | &nbsp;&nbsp;&nbsp;&nbsp;7-25-2043 | &nbsp;&nbsp;&nbsp; 50106 | &nbsp;&nbsp;&nbsp;&nbsp; 46656 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC Series T-59 Class 2A1 | 3.43 | &nbsp;&nbsp;10-25-2043 | &nbsp;&nbsp;&nbsp; 529113 | &nbsp;&nbsp;&nbsp;&nbsp; 411542 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA (1 Year Treasury Constant Maturity +1.27%) ± | 1.64 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8-1-2034 | &nbsp;&nbsp;&nbsp; 60765 | &nbsp;&nbsp;&nbsp;&nbsp; 59340 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA (12 Month LIBOR +1.77%) ± | 3.62 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7-1-2044 | &nbsp;&nbsp;&nbsp; 264879 | &nbsp;&nbsp;&nbsp;&nbsp; 269100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA (1 Year Treasury Constant Maturity +2.27%) ± | 3.80 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8-1-2036 | &nbsp;&nbsp;&nbsp; 421525 | &nbsp;&nbsp;&nbsp;&nbsp; 428525 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA | 4.00 | &nbsp;&nbsp;&nbsp;&nbsp;6-25-2026 | &nbsp;&nbsp;&nbsp; 108150 | &nbsp;&nbsp;&nbsp;&nbsp; 106205 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA | 4.00 | &nbsp;&nbsp;&nbsp;&nbsp;8-25-2037 | &nbsp;&nbsp;&nbsp; 35951 | &nbsp;&nbsp;&nbsp;&nbsp; 35635 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA (1 Year Treasury Constant Maturity +2.19%) ± | 4.32 | &nbsp;&nbsp;&nbsp;&nbsp;11-1-2031 | &nbsp;&nbsp;&nbsp; 22544 | &nbsp;&nbsp;&nbsp;&nbsp; 22109 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA | 5.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3-1-2023 | &nbsp;&nbsp;&nbsp; 994 | &nbsp;&nbsp;&nbsp;&nbsp; 991 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA | 6.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3-1-2033 | &nbsp;&nbsp;&nbsp; 128494 | &nbsp;&nbsp;&nbsp;&nbsp; 131449 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA | 6.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8-1-2031 | &nbsp;&nbsp;&nbsp; 118182 | &nbsp;&nbsp;&nbsp;&nbsp; 122750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA | 9.00 | &nbsp;&nbsp;&nbsp;&nbsp;11-1-2024 | &nbsp;&nbsp;&nbsp; 8359 | &nbsp;&nbsp;&nbsp;&nbsp; 8347 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA Grantor Trust Series 2002-T12 Class A4 | 9.50 | &nbsp;&nbsp;&nbsp;&nbsp;5-25-2042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;337303 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;354645 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA Series 2002-T1 Class A4 | 9.50 | &nbsp;&nbsp;11-25-2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16586 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18280 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA Series 2003-41 Class PE | 5.50 | &nbsp;&nbsp;&nbsp;&nbsp;5-25-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4124 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4111 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA Series 2003-W11 Class A1 ±± | 3.72 | &nbsp;&nbsp;&nbsp;&nbsp;6-25-2033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3783 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3787 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA Series 2003-W6 Class 6A ±± | 3.38 | &nbsp;&nbsp;&nbsp;&nbsp;8-25-2042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;274245 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;263028 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA Series 2003-W6 Class PT4 ±± | 8.29 | &nbsp;&nbsp;10-25-2042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33428 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36066 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA Series 2005-84 Class MB | 5.75 | &nbsp;&nbsp;10-25-2035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107227 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108344 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA Series 2006-W1 Class 2AF2 (1 Month LIBOR +0.19%) ± | 4.21 | &nbsp;&nbsp;&nbsp;&nbsp;2-25-2046 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;592092 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;584786 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA Series 2010-37 Class A1 | 5.41 | &nbsp;&nbsp;&nbsp;&nbsp;5-25-2035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190613 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188779 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GNMA | 4.50 | &nbsp;&nbsp;&nbsp;&nbsp;4-20-2035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25353 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25018 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GNMA | 8.00 | &nbsp;&nbsp;12-15-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;639 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;639 |
| &nbsp;&nbsp;**Total Agency securities (Cost $4,254,077)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4126348** |
| &nbsp;&nbsp;**Asset-backed securities: 11.26%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aqua Finance Trust Series 2021-A Class A | 1.54 | &nbsp;&nbsp;&nbsp;&nbsp;7-17-2046 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1971451 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1800512 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AVIS Budget Rental Car Funding Series 2019-2A Class A | 3.35 | &nbsp;&nbsp;&nbsp;&nbsp;9-22-2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4330000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4155613 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AVIS Budget Rental Car Funding Series 2020-1A Class B 144A | 2.68 | &nbsp;&nbsp;&nbsp;&nbsp;8-20-2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2220000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2002931 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brean Asset-Backed Securities Trust 2021-RM2 Class A 144A | 1.75 | &nbsp;&nbsp;10-25-2061 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1743089 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1516925 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cajun Global LLC Series 2021-1 Class A2 144A | 3.93 | &nbsp;&nbsp;11-20-2051 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;985000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;831956 |

---

See accompanying notes to portfolio of investments

------

Allspring Short-Term Bond Plus Fund \| 1

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Asset-backed securities (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chase Auto Credit Linked Note Series 2020-1 Class B 144A | 0.99% | &nbsp;&nbsp;&nbsp;&nbsp;1-25-2028 | $&nbsp;&nbsp;&nbsp; 967102 | &nbsp;&nbsp;$949849 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CommonBond Student Loan Trust Series 2018-B-GS Class A1 144A | 3.56 | &nbsp;&nbsp;&nbsp;&nbsp;9-25-2045 | &nbsp;&nbsp;&nbsp; 813430 | &nbsp;&nbsp;&nbsp;&nbsp; 763562 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CPS Auto Receivables Trust 2021-A Class D 144A | 1.16 | &nbsp;&nbsp;12-15-2026 | &nbsp;&nbsp;&nbsp; 4645000 | &nbsp;&nbsp;&nbsp;&nbsp; 4383845 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CPS Auto Receivables Trust Series 2020-A Class D 144A | 2.90 | &nbsp;&nbsp;12-15-2025 | &nbsp;&nbsp;&nbsp; 3215961 | &nbsp;&nbsp;&nbsp;&nbsp; 3183309 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dell Equipment Finance Trust Series 2020-1 Class D 144A | 5.92 | &nbsp;&nbsp;&nbsp;&nbsp;3-23-2026 | &nbsp;&nbsp;&nbsp; 918000 | &nbsp;&nbsp;&nbsp;&nbsp; 917975 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dominos Pizza Master Issuer LLC Series 2015-1A Class A2 144A | 4.47 | &nbsp;&nbsp;10-25-2045 | &nbsp;&nbsp;&nbsp; 3102000 | &nbsp;&nbsp;&nbsp;&nbsp; 2947213 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Drive Auto Receivables Trust Series 2019 Class 3D | 3.18 | &nbsp;&nbsp;10-15-2026 | &nbsp;&nbsp;&nbsp; 2715000 | &nbsp;&nbsp;&nbsp;&nbsp; 2679157 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DT Auto Owner Trust Series 2020-2A Class C 144A | 3.28 | &nbsp;&nbsp;&nbsp;&nbsp;3-16-2026 | &nbsp;&nbsp;&nbsp; 1728463 | &nbsp;&nbsp;&nbsp;&nbsp; 1708536 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Educational Services of America Incorporated Series 2015-2 Class A (1 Month LIBOR +1.00%) 144A± | 5.02 | &nbsp;&nbsp;12-25-2056 | &nbsp;&nbsp;&nbsp; 265160 | &nbsp;&nbsp;&nbsp;&nbsp; 265177 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exeter Automobile Receivables Trust Series 2021-3A Class C | 0.96 | &nbsp;&nbsp;10-15-2026 | &nbsp;&nbsp;&nbsp; 1800000 | &nbsp;&nbsp;&nbsp;&nbsp; 1688049 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Freedom Financial Trust Series 2021-1CP Class B 144A | 1.41 | &nbsp;&nbsp;&nbsp;&nbsp;3-20-2028 | &nbsp;&nbsp;&nbsp; 277250 | &nbsp;&nbsp;&nbsp;&nbsp; 274408 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gracie Point International Funding Series 2021-1A Class B (1 Month LIBOR +1.40%) 144A± | 5.17 | &nbsp;&nbsp;&nbsp;&nbsp;11-1-2023 | &nbsp;&nbsp;&nbsp; 1500000 | &nbsp;&nbsp;&nbsp;&nbsp; 1493007 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hertz Vehicle Financing LLC Series 2021-1A Class A 144A | 1.21 | &nbsp;&nbsp;12-26-2025 | &nbsp;&nbsp;&nbsp; 2325000 | &nbsp;&nbsp;&nbsp;&nbsp; 2131319 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lendmark Funding Trust Series 2019-2A Class A 144A | 2.78 | &nbsp;&nbsp;&nbsp;&nbsp;4-20-2028 | &nbsp;&nbsp;&nbsp; 2680635 | &nbsp;&nbsp;&nbsp;&nbsp; 2593377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mercury Financial Credit Card Master Trust 144A | 1.54 | &nbsp;&nbsp;&nbsp;&nbsp;3-20-2026 | &nbsp;&nbsp;&nbsp; 1600000 | &nbsp;&nbsp;&nbsp;&nbsp; 1517544 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mission Lane Master Trust Series 2021 Class A 144A | 1.59 | &nbsp;&nbsp;&nbsp;&nbsp;9-15-2026 | &nbsp;&nbsp;&nbsp; 3000000 | &nbsp;&nbsp;&nbsp;&nbsp; 2887878 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Navient Student Loan Trust Series 2021-EA Class A 144A | 0.97 | &nbsp;&nbsp;12-16-2069 | &nbsp;&nbsp;&nbsp; 2373643 | &nbsp;&nbsp;&nbsp;&nbsp; 1960928 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Octane Receivables Trust Series 2020-1A Class A 144A | 1.71 | &nbsp;&nbsp;&nbsp;&nbsp;2-20-2025 | &nbsp;&nbsp;&nbsp; 433900 | &nbsp;&nbsp;&nbsp;&nbsp; 428744 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Octane Receivables Trust Series 2021-1A Class A 144A | 0.93 | &nbsp;&nbsp;&nbsp;&nbsp;3-22-2027 | &nbsp;&nbsp;&nbsp; 671230 | &nbsp;&nbsp;&nbsp;&nbsp; 646866 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ondeck Asset Securitization Trust Series 2021-1A Class A 144A | 1.59 | &nbsp;&nbsp;&nbsp;&nbsp;5-17-2027 | &nbsp;&nbsp;&nbsp; 2855000 | &nbsp;&nbsp;&nbsp;&nbsp; 2595536 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pagaya AI Debt Selection Trust Series 2021-1 Class A 144A | 1.18 | &nbsp;&nbsp;11-15-2027 | &nbsp;&nbsp;&nbsp; 747413 | &nbsp;&nbsp;&nbsp;&nbsp; 733203 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pagaya AI Debt Selection Trust Series 2021-HG1 Class A 144A | 1.22 | &nbsp;&nbsp;&nbsp;&nbsp;1-16-2029 | &nbsp;&nbsp;&nbsp; 2205956 | &nbsp;&nbsp;&nbsp;&nbsp; 2074612 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PFS Financing Corporation Series 2021-A Class A | 0.71 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2026 | &nbsp;&nbsp;&nbsp; 2010000 | &nbsp;&nbsp;&nbsp;&nbsp; 1882745 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prodigy Finance Series 2021 Class A (1 Month LIBOR +1.25%) 144A± | 5.29 | &nbsp;&nbsp;&nbsp;&nbsp;7-25-2051 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2112068 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2033974 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Santander Drive Auto Receivables Trust Series 2021-1 Class C | 0.75 | &nbsp;&nbsp;&nbsp;&nbsp;2-17-2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3791492 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3729236 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Service Experts Issuer Series 2021-1A Class A 144A | 2.67 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2-2-2032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2310853 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2096128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SLM Student Loan Trust Series 2003-10A Class A4 (3 Month LIBOR +0.67%) 144A± | 3.96 | &nbsp;&nbsp;12-17-2068 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2285254 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2138376 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SLM Student Loan Trust Series 2012-3 Class A | 4.67 | &nbsp;&nbsp;12-27-2038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1305049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1243258 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SLM Student Loan Trust Series 2013-1 Class A3 (1 Month LIBOR +0.55%) ± | 4.57 | &nbsp;&nbsp;&nbsp;&nbsp;5-26-2055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;657404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;634411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SpringCastle America Funding LLC 144A | 1.97 | &nbsp;&nbsp;&nbsp;&nbsp;9-25-2037 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;956110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;861657 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Taco Bell Funding LLC Series 2021 Class A2 | 1.95 | &nbsp;&nbsp;&nbsp;&nbsp;8-25-2051 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2732400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2305624 |

---

See accompanying notes to portfolio of investments

------

2 \| Allspring Short-Term Bond Plus Fund

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Asset-backed securities (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tidewater Auto Receivables Series 2018-AA Class D 144A | 4.30% | &nbsp;&nbsp;11-15-2024 | $&nbsp;&nbsp;&nbsp; 210237 | &nbsp;&nbsp;$209881 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Towd Point Asset Trust Series 2018-SL1 Class A | 4.62 | &nbsp;&nbsp;&nbsp;&nbsp;1-25-2046 | &nbsp;&nbsp;&nbsp; 506310 | &nbsp;&nbsp;&nbsp;&nbsp; 502848 |
| &nbsp;&nbsp;**Total Asset-backed securities (Cost $70,789,245)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **66770169** |
| &nbsp;&nbsp;**Corporate bonds and notes: 21.46%** |  |  |  |  |
| &nbsp;&nbsp;**Communication services: 0.56%** |  |  |  |  |
| &nbsp;&nbsp;**Wireless telecommunication services: 0.56%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sprint Corporation | 7.63 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3-1-2026 | &nbsp;&nbsp;&nbsp; 2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 2103464 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sprint Spectrum Company 144A | 4.74 | &nbsp;&nbsp;&nbsp;&nbsp;3-20-2025 | &nbsp;&nbsp;&nbsp; 1250000 | &nbsp;&nbsp;&nbsp;&nbsp; 1234000 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **3337464** |
| &nbsp;&nbsp;**Consumer discretionary: 1.72%** |  |  |  |  |
| &nbsp;&nbsp;**Automobiles: 0.44%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;General Motors Company | 6.05 | &nbsp;&nbsp;10-10-2025 | &nbsp;&nbsp;&nbsp; 2615000 | &nbsp;&nbsp;&nbsp;&nbsp; **2637863** |
| &nbsp;&nbsp;**Hotels, restaurants & leisure: 0.60%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Genting New York LLC 144A | 3.30 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2026 | &nbsp;&nbsp;&nbsp; 1080000 | &nbsp;&nbsp;&nbsp;&nbsp; 962970 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas Sands Corporation | 3.20 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8-8-2024 | &nbsp;&nbsp;&nbsp; 2155000 | &nbsp;&nbsp;&nbsp;&nbsp; 2059239 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises Limited | 4.25 | &nbsp;&nbsp;&nbsp;&nbsp;6-15-2023 | &nbsp;&nbsp;&nbsp; 500000 | &nbsp;&nbsp;&nbsp;&nbsp; 523750 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **3545959** |
| &nbsp;&nbsp;**Internet & direct marketing retail: 0.32%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;QVC Incorporated | 4.85 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-1-2024 | &nbsp;&nbsp;&nbsp; 2000000 | &nbsp;&nbsp;&nbsp;&nbsp; **1904210** |
| &nbsp;&nbsp;**Textiles, apparel & luxury goods: 0.36%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Michael Kors USA Incorporated 144A | 4.25 | &nbsp;&nbsp;&nbsp;&nbsp;11-1-2024 | &nbsp;&nbsp;&nbsp; 2241000 | &nbsp;&nbsp;&nbsp;&nbsp; **2109341** |
| &nbsp;&nbsp;**Consumer staples: 0.76%** |  |  |  |  |
| &nbsp;&nbsp;**Tobacco: 0.76%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Altria Group Incorporated | 1.70 | &nbsp;&nbsp;&nbsp;&nbsp;6-15-2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1515000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1508514 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Philip Morris International Incorporated | 5.13 | &nbsp;&nbsp;11-17-2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3006343 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4514857** |
| &nbsp;&nbsp;**Energy: 1.51%** |  |  |  |  |
| &nbsp;&nbsp;**Oil, gas & consumable fuels: 1.51%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy Transfer Operating Company | 3.60 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2-1-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1188000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1184231 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Plains All American Pipeline LP | 3.85 | &nbsp;&nbsp;10-15-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2205000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2175491 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Plains All American Pipeline LP | 4.65 | &nbsp;&nbsp;10-15-2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;758000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;746318 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Range Resources Corporation | 5.00 | &nbsp;&nbsp;&nbsp;&nbsp;3-15-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1990000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vistra Operations Company LLC 144A | 3.55 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2876341 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8972381** |
| &nbsp;&nbsp;**Financials: 11.08%** |  |  |  |  |
| &nbsp;&nbsp;**Banks: 4.69%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corporation (U.S. SOFR +0.74%) ± | 0.81 | &nbsp;&nbsp;10-24-2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2865715 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corporation (U.S. SOFR +0.65%) ± | 1.53 | &nbsp;&nbsp;&nbsp;&nbsp;12-6-2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2296185 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corporation (U.S. SOFR +0.91%) ± | 1.66 | &nbsp;&nbsp;&nbsp;&nbsp;3-11-2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2370000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2100051 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corporation (3 Month LIBOR +0.94%) ± | 3.86 | &nbsp;&nbsp;&nbsp;&nbsp;7-23-2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;989663 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Citigroup Incorporated (U.S. SOFR +1.28%) ± | 3.07 | &nbsp;&nbsp;&nbsp;&nbsp;2-24-2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2271597 |

---

See accompanying notes to portfolio of investments

------

Allspring Short-Term Bond Plus Fund \| 3

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Banks (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Citigroup Incorporated (U.S. SOFR +1.55%) ± | 5.61% | &nbsp;&nbsp;&nbsp;&nbsp;9-29-2026 | $&nbsp;&nbsp;&nbsp; 3000000 | &nbsp;&nbsp;$3010518 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase & Company (U.S. SOFR +0.49%) ± | 0.77 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8-9-2025 | &nbsp;&nbsp;&nbsp; 2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1845174 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase & Company (U.S. SOFR +0.54%) ± | 0.82 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-1-2025 | &nbsp;&nbsp;&nbsp; 1220000 | &nbsp;&nbsp;&nbsp;&nbsp; 1134588 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase & Company (U.S. SOFR 3 Month +0.70%) ± | 1.04 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2-4-2027 | &nbsp;&nbsp;&nbsp; 835000 | &nbsp;&nbsp;&nbsp;&nbsp; 727685 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase & Company (U.S. SOFR +1.46%) ± | 1.51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-1-2024 | &nbsp;&nbsp;&nbsp; 3000000 | &nbsp;&nbsp;&nbsp;&nbsp; 2943591 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Manufacturers & Traders Trust Company | 5.40 | &nbsp;&nbsp;11-21-2025 | &nbsp;&nbsp;&nbsp; 850000 | &nbsp;&nbsp;&nbsp;&nbsp; 853951 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Santander Holdings USA Incorporated (U.S. SOFR +1.38%) ± | 4.26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-9-2025 | &nbsp;&nbsp;&nbsp; 800000 | &nbsp;&nbsp;&nbsp;&nbsp; 774310 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Santander Holdings USA Incorporated (U.S. SOFR +2.33%) ± | 5.81 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9-9-2026 | &nbsp;&nbsp;&nbsp; 1250000 | &nbsp;&nbsp;&nbsp;&nbsp; 1244576 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wells Fargo & Company (U.S. SOFR +1.51%) ± | 3.53 | &nbsp;&nbsp;&nbsp;&nbsp;3-24-2028 | &nbsp;&nbsp;&nbsp; 3000000 | &nbsp;&nbsp;&nbsp;&nbsp; 2786688 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wells Fargo & Company (U.S. SOFR +1.32%) ± | 3.91 | &nbsp;&nbsp;&nbsp;&nbsp;4-25-2026 | &nbsp;&nbsp;&nbsp; 2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1937834 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **27782126** |
| &nbsp;&nbsp;**Capital markets: 1.44%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs Group Incorporated (U.S. SOFR +0.91%) ± | 1.95 | &nbsp;&nbsp;10-21-2027 | &nbsp;&nbsp;&nbsp; 3000000 | &nbsp;&nbsp;&nbsp;&nbsp; 2626331 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley (U.S. SOFR +0.62%) ± | 0.73 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-5-2024 | &nbsp;&nbsp;&nbsp; 2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1960306 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley (U.S. SOFR +1.99%) ± | 2.19 | &nbsp;&nbsp;&nbsp;&nbsp;4-28-2026 | &nbsp;&nbsp;&nbsp; 2305000 | &nbsp;&nbsp;&nbsp;&nbsp; 2144089 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley (U.S. SOFR +0.56%) ± | 1.16 | &nbsp;&nbsp;10-21-2025 | &nbsp;&nbsp;&nbsp; 2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1829464 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **8560190** |
| &nbsp;&nbsp;**Consumer finance: 0.63%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BOC Aviation USA Corporation 144A | 1.63 | &nbsp;&nbsp;&nbsp;&nbsp;4-29-2024 | &nbsp;&nbsp;&nbsp; 1000000 | &nbsp;&nbsp;&nbsp;&nbsp; 944869 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ford Motor Credit Company LLC | 2.30 | &nbsp;&nbsp;&nbsp;&nbsp;2-10-2025 | &nbsp;&nbsp;&nbsp; 2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1835000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hyundai Capital America Company 144A | 1.30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1-8-2026 | &nbsp;&nbsp;&nbsp; 1115000 | &nbsp;&nbsp;&nbsp;&nbsp; 969448 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **3749317** |
| &nbsp;&nbsp;**Diversified financial services: 1.86%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bankers Healthcare Group BHG Series 2021 Class A-B 144A | 2.79 | &nbsp;&nbsp;11-17-2033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1335000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1117575 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackstone Holdings Finance Company 144A | 5.90 | &nbsp;&nbsp;&nbsp;&nbsp;11-3-2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2145000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2180549 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DAE Funding LLC 144A | 1.55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8-1-2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;930865 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Equitable Financial Life 144A%% | 5.50 | &nbsp;&nbsp;&nbsp;&nbsp;12-2-2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3080000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3095268 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GTP Acquisition Partners Corporation 144A | 3.48 | &nbsp;&nbsp;&nbsp;&nbsp;6-15-2050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1792494 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WEA Finance LLC 144A | 3.75 | &nbsp;&nbsp;&nbsp;&nbsp;9-17-2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1894727 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11011478** |
| &nbsp;&nbsp;**Insurance: 2.32%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Athene Global Funding | 0.37 | &nbsp;&nbsp;&nbsp;&nbsp;9-10-2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1780498 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brighthouse Financial Incorporated 144A | 1.00 | &nbsp;&nbsp;&nbsp;&nbsp;4-12-2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1876966 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GA Global Funding Trust 144A | 1.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-8-2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3022000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2822276 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Guardian Life Global Funding 144A | 5.55 | &nbsp;&nbsp;10-28-2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2815000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2895994 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Met Life Incorporated 144A | 4.40 | &nbsp;&nbsp;&nbsp;&nbsp;6-30-2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1953818 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Protective Life Global 144A | 1.62 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2370000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2138003 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Security Benefit Company 144A | 1.25 | &nbsp;&nbsp;&nbsp;&nbsp;5-17-2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;335000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;312588 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13780143** |
| &nbsp;&nbsp;**Mortgage REITs: 0.14%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Starwood Property Trust Incorporated 144A | 3.75 | &nbsp;&nbsp;12-31-2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61425 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Starwood Property Trust Incorporated 144A | 5.50 | &nbsp;&nbsp;&nbsp;&nbsp;11-1-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;747428 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**808853** |

---

See accompanying notes to portfolio of investments

------

4 \| Allspring Short-Term Bond Plus Fund

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Industrials: 1.65%** |  |  |  |  |
| &nbsp;&nbsp;**Aerospace & defense: 0.34%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Boeing Company | 4.51% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5-1-2023 | $&nbsp;&nbsp;&nbsp; 2000000 | &nbsp;&nbsp;**$1992775** |
| &nbsp;&nbsp;**Airlines: 0.88%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Airline Series 2014-1 | 3.70 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2027 | &nbsp;&nbsp;&nbsp; 1635066 | &nbsp;&nbsp;&nbsp;&nbsp; 1477302 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delta Air Lines Incorporated 144A | 4.50 | &nbsp;&nbsp;10-20-2025 | &nbsp;&nbsp;&nbsp; 2455000 | &nbsp;&nbsp;&nbsp;&nbsp; 2391668 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delta Air Lines Pass-Through Certificates Series 2015-B | 4.25 | &nbsp;&nbsp;&nbsp;&nbsp;1-30-2025 | &nbsp;&nbsp;&nbsp; 797639 | &nbsp;&nbsp;&nbsp;&nbsp; 782696 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Airlines Pass-Through Trust Certificates Series 2020-1 Class B | 4.88 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2027 | &nbsp;&nbsp;&nbsp; 617220 | &nbsp;&nbsp;&nbsp;&nbsp; 584004 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **5235670** |
| &nbsp;&nbsp;**Trading companies & distributors: 0.11%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aircastle Limited 144A | 5.25 | &nbsp;&nbsp;&nbsp;&nbsp;8-11-2025 | &nbsp;&nbsp;&nbsp; 700000 | &nbsp;&nbsp;&nbsp;&nbsp; **671564** |
| &nbsp;&nbsp;**Transportation infrastructure: 0.32%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Penske Truck Leasing 144A | 4.40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7-1-2027 | &nbsp;&nbsp;&nbsp; 2000000 | &nbsp;&nbsp;&nbsp;&nbsp; **1902600** |
| &nbsp;&nbsp;**Information technology: 0.80%** |  |  |  |  |
| &nbsp;&nbsp;**IT services: 0.55%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Global Payments Incorporated | 4.95 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2027 | &nbsp;&nbsp;&nbsp; 1540000 | &nbsp;&nbsp;&nbsp;&nbsp; 1497483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kyndryl Holdings Incorporated | 2.05 | &nbsp;&nbsp;10-15-2026 | &nbsp;&nbsp;&nbsp; 2150000 | &nbsp;&nbsp;&nbsp;&nbsp; 1759041 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **3256524** |
| &nbsp;&nbsp;**Semiconductors & semiconductor equipment: 0.25%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Microchip Technology Incorporated | 2.67 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9-1-2023 | &nbsp;&nbsp;&nbsp; 1525000 | &nbsp;&nbsp;&nbsp;&nbsp; **1491343** |
| &nbsp;&nbsp;**Materials: 0.40%** |  |  |  |  |
| &nbsp;&nbsp;**Chemicals: 0.40%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celanese US Holding LLC | 6.05 | &nbsp;&nbsp;&nbsp;&nbsp;3-15-2025 | &nbsp;&nbsp;&nbsp; 2400000 | &nbsp;&nbsp;&nbsp;&nbsp; **2387946** |
| &nbsp;&nbsp;**Real estate: 1.73%** |  |  |  |  |
| &nbsp;&nbsp;**Equity REITs: 1.73%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EPR Properties Company | 4.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-1-2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1411939 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Omega Healthcare Investors Incorporated | 4.75 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133842 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Piedmont Operating Partnership LP | 4.45 | &nbsp;&nbsp;&nbsp;&nbsp;3-15-2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1765000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1737641 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sabra Health Care LP / Sabra Capital Corporation | 5.13 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1490000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1406036 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SBA Tower Trust 144A | 3.45 | &nbsp;&nbsp;&nbsp;&nbsp;3-15-2048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2335000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2335000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Service Properties Trust | 4.50 | &nbsp;&nbsp;&nbsp;&nbsp;6-15-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1486875 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VICI Properties LP | 4.38 | &nbsp;&nbsp;&nbsp;&nbsp;5-15-2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1835000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1766020 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10277353** |
| &nbsp;&nbsp;**Utilities: 1.25%** |  |  |  |  |
| &nbsp;&nbsp;**Electric utilities: 0.37%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southern California Edison Company | 0.70 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-3-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2173779** |
| &nbsp;&nbsp;**Gas utilities: 0.14%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;One Gas Incorporated | 0.85 | &nbsp;&nbsp;&nbsp;&nbsp;3-11-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;838000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**836152** |
| &nbsp;&nbsp;**Multi-utilities: 0.74%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CenterPoint Energy Incorporated | 0.70 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3-2-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;765000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;756281 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CenterPoint Energy Incorporated (3 Month LIBOR +0.50%) ± | 3.60 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3-2-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;443000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;442644 |

---

See accompanying notes to portfolio of investments

------

Allspring Short-Term Bond Plus Fund \| 5

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Multi-utilities (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CenterPoint Energy Incorporated (U.S. SOFR +0.65%) ± | &nbsp;&nbsp;4.45% | &nbsp;&nbsp;&nbsp;&nbsp;5-13-2024 | $&nbsp;&nbsp;&nbsp; 680000 | &nbsp;&nbsp;$670241 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Evergy Missouri West Incorporated 144A | &nbsp;&nbsp;5.15 | &nbsp;&nbsp;12-15-2027 | &nbsp;&nbsp;&nbsp; 2500000 | &nbsp;&nbsp;&nbsp;&nbsp; 2508711 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **4377877** |
| &nbsp;&nbsp;**Total Corporate bonds and notes (Cost $134,073,639)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**127317765** |
| &nbsp;&nbsp;**Foreign corporate bonds and notes : 1.34%** |  |  |  |  |
| &nbsp;&nbsp;**Communication services: 0.23%** |  |  |  |  |
| &nbsp;&nbsp;**Media: 0.23%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SES SA Company (EUR Swap Annual (vs. 6 Month EURIBOR) 5 Year +3.19%) ʊ± | &nbsp;&nbsp;2.88 | &nbsp;&nbsp;12-31-2049 | &nbsp;&nbsp;&nbsp; 1625000 | &nbsp;&nbsp;&nbsp;&nbsp; **1351258** |
| &nbsp;&nbsp;**Financials: 0.58%** |  |  |  |  |
| &nbsp;&nbsp;**Banks: 0.58%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credit Agricole SA (3 Month EURIBOR +1.25%) ± | &nbsp;&nbsp;1.00 | &nbsp;&nbsp;&nbsp;&nbsp;4-22-2026 | &nbsp;&nbsp;&nbsp; 2500000 | &nbsp;&nbsp;&nbsp;&nbsp; 2433911 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Permanent TSB Group (EUR Swap Annual (vs. 6 Month EURIBOR) 1 Year +2.55%) ± | &nbsp;&nbsp;2.13 | &nbsp;&nbsp;&nbsp;&nbsp;9-26-2024 | &nbsp;&nbsp;&nbsp; 1000000 | &nbsp;&nbsp;&nbsp;&nbsp; 994999 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **3428910** |
| &nbsp;&nbsp;**Industrials: 0.30%** |  |  |  |  |
| &nbsp;&nbsp;**Containers & packaging: 0.22%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Can-Pack SA 144A | &nbsp;&nbsp;2.38 | &nbsp;&nbsp;&nbsp;&nbsp;11-1-2027 | &nbsp;&nbsp;&nbsp; 1500000 | &nbsp;&nbsp;&nbsp;&nbsp; **1291376** |
| &nbsp;&nbsp;**Electrical equipment: 0.08%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gamma Bidco SpA 144A | &nbsp;&nbsp;6.25 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2025 | &nbsp;&nbsp;&nbsp; 500000 | &nbsp;&nbsp;&nbsp;&nbsp; **506937** |
| &nbsp;&nbsp;**Real estate: 0.23%** |  |  |  |  |
| &nbsp;&nbsp;**Equity REITs: 0.23%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aedas Homes Opco SLU 144A | &nbsp;&nbsp;4.00 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2026 | &nbsp;&nbsp;&nbsp; 1500000 | &nbsp;&nbsp;&nbsp;&nbsp; **1344872** |
| &nbsp;&nbsp;**Total Foreign corporate bonds and notes (Cost $10,086,848)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **7923353** |
| &nbsp;&nbsp;**Foreign government bonds : 2.10%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brazil ¤ | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1-1-2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2846310 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chile | &nbsp;&nbsp;4.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3-1-2026 | &nbsp;&nbsp;&nbsp;1250000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1362858 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Germany | &nbsp;&nbsp;1.30 | &nbsp;&nbsp;10-15-2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6056242 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hungary Government Bond | &nbsp;&nbsp;1.50 | &nbsp;&nbsp;&nbsp;&nbsp;8-23-2023 | &nbsp;&nbsp;&nbsp;&nbsp;350000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;827216 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Republic of South Africa | 10.50 | &nbsp;&nbsp;12-21-2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1386068 |
| &nbsp;&nbsp;**Total Foreign government bonds (Cost $13,391,732)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12478694** |
| &nbsp;&nbsp;**Loans: 1.00%** |  |  |  |  |
| &nbsp;&nbsp;**Communication services: 0.51%** |  |  |  |  |
| &nbsp;&nbsp;**Media: 0.51%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSC Holdings LLC (3 Month LIBOR +2.25%) ± | &nbsp;&nbsp;6.12 | &nbsp;&nbsp;&nbsp;&nbsp;7-17-2025 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1953488 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1867535 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gray Television Incorporated (1 Month LIBOR +2.50%) ± | &nbsp;&nbsp;6.27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2-7-2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1159700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1156801 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3024336** |

---

See accompanying notes to portfolio of investments

------

6 \| Allspring Short-Term Bond Plus Fund

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Financials: 0.16%** |  |  |  |  |
| &nbsp;&nbsp;**Diversified financial services: 0.16%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Russell Investments US Institutional Holdco Incorporated (1 Month LIBOR +3.50%) ± | 7.57% | &nbsp;&nbsp;&nbsp;&nbsp;5-30-2025 | $&nbsp;&nbsp;&nbsp; 991610 | &nbsp;&nbsp;**$929634** |
| &nbsp;&nbsp;**Industrials: 0.33%** |  |  |  |  |
| &nbsp;&nbsp;**Aerospace & defense: 0.33%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm Incorporated (1 Month LIBOR +2.25%) ± | 5.92 | &nbsp;&nbsp;&nbsp;&nbsp;8-22-2024 | &nbsp;&nbsp;&nbsp; 1989657 | &nbsp;&nbsp;&nbsp;&nbsp; **1979888** |
| &nbsp;&nbsp;**Total Loans (Cost $6,014,784)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **5933858** |
| &nbsp;&nbsp;**Municipal obligations: 0.49%** |  |  |  |  |
| &nbsp;&nbsp;**Indiana: 0.16%** |  |  |  |  |
| &nbsp;&nbsp;**Education revenue: 0.16%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indiana Secondary Market for Education Loans Incorporated (1 Month LIBOR +0.80%) ± | 1.47 | &nbsp;&nbsp;&nbsp;&nbsp;2-25-2044 | &nbsp;&nbsp;&nbsp; 931813 | &nbsp;&nbsp;&nbsp;&nbsp; **930408** |
| &nbsp;&nbsp;**New Jersey: 0.33%** |  |  |  |  |
| &nbsp;&nbsp;**Miscellaneous revenue: 0.33%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey Transportation Trust Fund Authority System Series B | 2.55 | &nbsp;&nbsp;&nbsp;&nbsp;6-15-2023 | &nbsp;&nbsp;&nbsp; 2000000 | &nbsp;&nbsp;&nbsp;&nbsp; **1973636** |
| &nbsp;&nbsp;**Total Municipal obligations (Cost $2,923,416)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **2904044** |
| &nbsp;&nbsp;**Non-agency mortgage-backed securities: 21.15%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Achieve Mortgage Series 2022-HE1 Class A 144A♦ | 7.00 | &nbsp;&nbsp;10-25-2037 | &nbsp;&nbsp;&nbsp; 2805000 | &nbsp;&nbsp;&nbsp;&nbsp; 2792108 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Affirm Incorporated Series 2021-B Class A | 1.03 | &nbsp;&nbsp;&nbsp;&nbsp;8-17-2026 | &nbsp;&nbsp;&nbsp; 3653000 | &nbsp;&nbsp;&nbsp;&nbsp; 3443028 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ajax Mortgage Loan Trust Series 2021-E Class A1 144A | 1.74 | &nbsp;&nbsp;12-25-2060 | &nbsp;&nbsp;&nbsp; 3140176 | &nbsp;&nbsp;&nbsp;&nbsp; 2647976 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anchorage Capital CLO Limited Series 2015-6A Class B2RR (3 Month LIBOR +1.85%) 144A± | 5.93 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2030 | &nbsp;&nbsp;&nbsp; 4000000 | &nbsp;&nbsp;&nbsp;&nbsp; 3895924 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Angel Oak Mortgage Trust I LLC Series 2020-4 Class A1 144A±± | 1.47 | &nbsp;&nbsp;&nbsp;&nbsp;6-25-2065 | &nbsp;&nbsp;&nbsp; 454390 | &nbsp;&nbsp;&nbsp;&nbsp; 409612 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Angel Oak Mortgage Trust I LLC Series 2020-R1 Class A1 144A±± | 0.99 | &nbsp;&nbsp;&nbsp;&nbsp;4-25-2053 | &nbsp;&nbsp;&nbsp; 702054 | &nbsp;&nbsp;&nbsp;&nbsp; 652831 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;APEX Credit CLO LLC Series 2017 Class 2A (3 Month LIBOR +1.60%) 144A± | 5.13 | &nbsp;&nbsp;&nbsp;&nbsp;9-20-2029 | &nbsp;&nbsp;&nbsp; 3000000 | &nbsp;&nbsp;&nbsp;&nbsp; 2871060 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Auburn CLO Limited. Series 2017-1A Class A2A (3 Month LIBOR +1.62%) 144A± | 5.86 | &nbsp;&nbsp;10-20-2030 | &nbsp;&nbsp;&nbsp; 470000 | &nbsp;&nbsp;&nbsp;&nbsp; 452483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Black Diamond CLO Limited Series 2017-1A Class A1 (3 Month LIBOR +1.05%) 144A± | 5.37 | &nbsp;&nbsp;&nbsp;&nbsp;4-24-2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2087931 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2060635 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bojangles Issuer LLC Series 2020-1A Class A2 | 3.83 | &nbsp;&nbsp;10-20-2050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2208313 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1968379 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bravo Residential Funding Trust Series 2021-HE2 Class A1 (30 Day Average U.S. SOFR +0.75%) 144A± | 4.30 | &nbsp;&nbsp;11-25-2069 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2263195 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2232311 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bunker Hill Loan Depositary Trust Series 2019-3 Class A1 144A | 2.72 | &nbsp;&nbsp;11-25-2059 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;347659 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;334341 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BX Trust Series 2021-ARIA Class D (1 Month LIBOR +1.90%) 144A± | 5.77 | &nbsp;&nbsp;10-15-2036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2165000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1975102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Global Market Series 2015-1A Class CR3 (3 Month LIBOR +2.00%) 144A± | 6.24 | &nbsp;&nbsp;&nbsp;&nbsp;7-20-2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2791041 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cascade Funding Mortgage Trust Series 2018-RM2 Class A 144A | 4.00 | &nbsp;&nbsp;10-25-2068 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215775 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cascade Funding Mortgage Trust Series 2018-RM2 Class B | 4.00 | &nbsp;&nbsp;10-25-2068 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;877663 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;827052 |

---

See accompanying notes to portfolio of investments

------

Allspring Short-Term Bond Plus Fund \| 7

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Non-agency mortgage-backed securities (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cascade Funding Mortgage Trust Series 2020-HB4 Class A 144A±± | 0.95% | &nbsp;&nbsp;12-26-2030 | $&nbsp;&nbsp;&nbsp; 1992978 | &nbsp;&nbsp;$1925476 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cascade Funding Mortgage Trust Series 2021-AL1 Class B 144A | 1.39 | &nbsp;&nbsp;&nbsp;&nbsp;9-22-2031 | &nbsp;&nbsp;&nbsp; 1626198 | &nbsp;&nbsp;&nbsp;&nbsp; 1532072 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CIFC Funding Limited Series 2017-2A (3 Month LIBOR +1.85%) 144A± | 6.09 | &nbsp;&nbsp;&nbsp;&nbsp;4-20-2030 | &nbsp;&nbsp;&nbsp; 1250000 | &nbsp;&nbsp;&nbsp;&nbsp; 1180494 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CIFC Funding Limited Series 2018-1A Class A (3 Month LIBOR +1.00%) 144A± | 5.19 | &nbsp;&nbsp;&nbsp;&nbsp;4-18-2031 | &nbsp;&nbsp;&nbsp; 4000000 | &nbsp;&nbsp;&nbsp;&nbsp; 3912459 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colt Funding LLC Series 2020-2 Class A1 | 1.85 | &nbsp;&nbsp;&nbsp;&nbsp;3-25-2065 | &nbsp;&nbsp;&nbsp; 115491 | &nbsp;&nbsp;&nbsp;&nbsp; 112791 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commercial Mortgage Trust Series 2012-CR4 Class A | 3.25 | &nbsp;&nbsp;10-15-2045 | &nbsp;&nbsp;&nbsp; 2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1918602 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commercial Mortgage Trust Series 2014-CR14 Class B | 4.73 | &nbsp;&nbsp;&nbsp;&nbsp;2-10-2047 | &nbsp;&nbsp;&nbsp; 680000 | &nbsp;&nbsp;&nbsp;&nbsp; 652331 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commercial Mortgage Trust Series 2015-DC1 Class A3 | 3.22 | &nbsp;&nbsp;&nbsp;&nbsp;2-10-2048 | &nbsp;&nbsp;&nbsp; 187803 | &nbsp;&nbsp;&nbsp;&nbsp; 187541 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ContiMortgage Home Equity Loan Trust Series 1996-2 Class IO ♀±± | 0.00 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2027 | &nbsp;&nbsp;&nbsp; 429058 | &nbsp;&nbsp;&nbsp;&nbsp; 5843 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Countrywide Home Loans Mortgage Pass-Through Trust Series 2001-HYB1 Class 2A1 | 3.40 | &nbsp;&nbsp;&nbsp;&nbsp;6-19-2031 | &nbsp;&nbsp;&nbsp; 66803 | &nbsp;&nbsp;&nbsp;&nbsp; 63394 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credit Suisse Mortgage Trust Series 2020-AFC1 Class A3 144A | 2.51 | &nbsp;&nbsp;&nbsp;&nbsp;2-25-2050 | &nbsp;&nbsp;&nbsp; 716583 | &nbsp;&nbsp;&nbsp;&nbsp; 656111 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credit Suisse Mortgage Trust Series 2021-AFC1 Class A2 144A | 1.07 | &nbsp;&nbsp;&nbsp;&nbsp;3-25-2056 | &nbsp;&nbsp;&nbsp; 1456350 | &nbsp;&nbsp;&nbsp;&nbsp; 1118676 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSAIL Commercial Mortgage Trust Series 2016-C5 Class A4 | 3.49 | &nbsp;&nbsp;11-15-2048 | &nbsp;&nbsp;&nbsp; 817720 | &nbsp;&nbsp;&nbsp;&nbsp; 774887 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DBWF Mortgage Trust Series 2018-GLKS Class A (1 Month LIBOR +1.03%) 144A± | 4.97 | &nbsp;&nbsp;12-19-2030 | &nbsp;&nbsp;&nbsp; 550000 | &nbsp;&nbsp;&nbsp;&nbsp; 530688 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dryden Senior Loan Fund Series 2019-72A (3 Month LIBOR +1.85%) 144A± | 6.46 | &nbsp;&nbsp;&nbsp;&nbsp;5-15-2032 | &nbsp;&nbsp;&nbsp; 1000000 | &nbsp;&nbsp;&nbsp;&nbsp; 928248 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EquiFirst Mortgage Loan Trust Series 2003-2 Class 3A3 (1 Month LIBOR +1.13%) ± | 5.01 | &nbsp;&nbsp;&nbsp;&nbsp;9-25-2033 | &nbsp;&nbsp;&nbsp; 150176 | &nbsp;&nbsp;&nbsp;&nbsp; 146103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Key Homes Series 2021 Class B 144A | 1.61 | &nbsp;&nbsp;&nbsp;&nbsp;9-17-2038 | &nbsp;&nbsp;&nbsp; 2235000 | &nbsp;&nbsp;&nbsp;&nbsp; 1887464 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Key Homes Series 2021 Class C 144A | 1.89 | &nbsp;&nbsp;&nbsp;&nbsp;8-17-2038 | &nbsp;&nbsp;&nbsp; 1835000 | &nbsp;&nbsp;&nbsp;&nbsp; 1524213 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FS Rialto Issuer Limited Series 2021-FL3 Class B (1 Month LIBOR +1.80%) 144A± | 5.69 | &nbsp;&nbsp;11-16-2036 | &nbsp;&nbsp;&nbsp; 2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1878751 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FWD Securitization Trust Series 2020-INV1 Class A3 144A | 2.44 | &nbsp;&nbsp;&nbsp;&nbsp;1-25-2050 | &nbsp;&nbsp;&nbsp; 786717 | &nbsp;&nbsp;&nbsp;&nbsp; 694802 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GCAT Series 2021-NQM1 Class A1 144A | 0.87 | &nbsp;&nbsp;&nbsp;&nbsp;1-25-2066 | &nbsp;&nbsp;&nbsp; 1270176 | &nbsp;&nbsp;&nbsp;&nbsp; 1069200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Golden National Mortgage Asset-Backed Certificates Series 1998-GN1 Class M2 | 8.02 | &nbsp;&nbsp;&nbsp;&nbsp;2-25-2027 | &nbsp;&nbsp;&nbsp; 34322 | &nbsp;&nbsp;&nbsp;&nbsp; 33288 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs Mortgage Securities Trust Series 2013-G1 Class A2 144A±± | 3.56 | &nbsp;&nbsp;&nbsp;&nbsp;4-10-2031 | &nbsp;&nbsp;&nbsp; 279130 | &nbsp;&nbsp;&nbsp;&nbsp; 276966 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs Mortgage Securities Trust Series 2014-GC22 Class A3 | 3.52 | &nbsp;&nbsp;&nbsp;&nbsp;6-10-2047 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1233338 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1231547 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gracie Point International Funding 2022-1A (30 Day Average U.S. SOFR +2.75%) 144A± | 5.20 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-1-2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1595000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1587043 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GSMPS Mortgage Loan Trust Series 1998-1 Class A 144A | 8.00 | &nbsp;&nbsp;&nbsp;&nbsp;9-19-2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98517 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Harbor Group International Limited Series 2021-FL1 Class A (1 Month LIBOR +1.05%) ± | 4.94 | &nbsp;&nbsp;&nbsp;&nbsp;6-16-2036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1708105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1668686 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Harbor Group International Limited Series 2021-FL2 Class C (1 Month LIBOR +1.80%) 144A± | 5.69 | &nbsp;&nbsp;&nbsp;&nbsp;9-17-2036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;929274 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hospitality Mortgage Trust Series 2019 Class A (1 Month LIBOR +1.00%) 144A± | 4.88 | &nbsp;&nbsp;11-15-2036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1653874 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1606035 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Imperial Fund Mortgage Trust Series 2021-NQM3 Class A1 144A | 1.60 | &nbsp;&nbsp;11-25-2056 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2653229 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2137132 |

---

See accompanying notes to portfolio of investments

------

8 \| Allspring Short-Term Bond Plus Fund

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Non-agency mortgage-backed securities (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Imperial Fund Mortgage Trust Series 2022-NQM3 Class A3 144A | 4.46% | &nbsp;&nbsp;&nbsp;&nbsp;5-25-2067 | $&nbsp;&nbsp;&nbsp; 4005000 | &nbsp;&nbsp;$3289942 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jonah Energy LLC Series 2022-1 Class A1 144A | 7.20 | &nbsp;&nbsp;12-10-2037 | &nbsp;&nbsp;&nbsp; 2780000 | &nbsp;&nbsp;&nbsp;&nbsp; 2760527 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase Commercial Mortgage Securities Trust Series 2013-LC11 Class A4 | 2.69 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2046 | &nbsp;&nbsp;&nbsp; 10839 | &nbsp;&nbsp;&nbsp;&nbsp; 10755 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase Commercial Mortgage Securities Trust Series 2018-PHH Class A (1 Month LIBOR +1.21%) 144A± | 5.09 | &nbsp;&nbsp;&nbsp;&nbsp;6-15-2035 | &nbsp;&nbsp;&nbsp; 566915 | &nbsp;&nbsp;&nbsp;&nbsp; 517092 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase Commercial Mortgage Securities Trust Series 2019-MFP Class A (1 Month LIBOR +0.96%) 144A± | 4.84 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2036 | &nbsp;&nbsp;&nbsp; 1149504 | &nbsp;&nbsp;&nbsp;&nbsp; 1115573 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase Commercial Mortgage Securities Trust Series 2020 Class A7 144A | 3.50 | &nbsp;&nbsp;&nbsp;&nbsp;7-25-2050 | &nbsp;&nbsp;&nbsp; 1042588 | &nbsp;&nbsp;&nbsp;&nbsp; 911895 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Madison Park Funding Limited Series 2012-0A | 5.91 | &nbsp;&nbsp;&nbsp;&nbsp;7-27-2030 | &nbsp;&nbsp;&nbsp; 1570000 | &nbsp;&nbsp;&nbsp;&nbsp; 1511725 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Marlette Funding Trust Series 2021-2A Class B 144A | 1.06 | &nbsp;&nbsp;&nbsp;&nbsp;9-15-2031 | &nbsp;&nbsp;&nbsp; 4000000 | &nbsp;&nbsp;&nbsp;&nbsp; 3879102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Master Mortgages Trust Series 2002-3 Class 4A1 | 2.83 | &nbsp;&nbsp;10-25-2032 | &nbsp;&nbsp;&nbsp; 823 | &nbsp;&nbsp;&nbsp;&nbsp; 768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MED Trust Series 2021-MDLN Class B (1 Month LIBOR +1.45%) 144A± | 5.33 | &nbsp;&nbsp;11-15-2038 | &nbsp;&nbsp;&nbsp; 3000000 | &nbsp;&nbsp;&nbsp;&nbsp; 2834600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MF1 Multifamily Housing Mortgage Loan Trust Series 2021-FL5 Class A (U.S. SOFR 1 Month +0.96%) 144A± | 4.83 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2036 | &nbsp;&nbsp;&nbsp; 1411935 | &nbsp;&nbsp;&nbsp;&nbsp; 1357494 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MF1 Multifamily Housing Mortgage Series 2022-FL8 Class A (30 Day Average U.S. SOFR +1.35%) 144A± | 4.77 | &nbsp;&nbsp;&nbsp;&nbsp;2-19-2037 | &nbsp;&nbsp;&nbsp; 3800000 | &nbsp;&nbsp;&nbsp;&nbsp; 3604996 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MFRA Trust Series 2020-NQM1 Class A2 144A | 1.79 | &nbsp;&nbsp;&nbsp;&nbsp;8-25-2049 | &nbsp;&nbsp;&nbsp; 586023 | &nbsp;&nbsp;&nbsp;&nbsp; 553785 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MFRA Trust Series 2021-NQM1 Class A2 144A | 1.38 | &nbsp;&nbsp;&nbsp;&nbsp;4-25-2065 | &nbsp;&nbsp;&nbsp; 949269 | &nbsp;&nbsp;&nbsp;&nbsp; 820764 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Residential Mortgage Loan Series 2018-5A Class A1A 144A | 4.25 | &nbsp;&nbsp;12-25-2057 | &nbsp;&nbsp;&nbsp; 1956770 | &nbsp;&nbsp;&nbsp;&nbsp; 1860227 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Residential Mortgage Loan Series 2019-6A Class A1B 144A | 3.50 | &nbsp;&nbsp;&nbsp;&nbsp;9-25-2059 | &nbsp;&nbsp;&nbsp; 1159184 | &nbsp;&nbsp;&nbsp;&nbsp; 1060981 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York Mortgage Trust Series 2022 Class A1 144A | 2.04 | &nbsp;&nbsp;&nbsp;&nbsp;7-25-2061 | &nbsp;&nbsp;&nbsp; 2786272 | &nbsp;&nbsp;&nbsp;&nbsp; 2477978 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oceanview Mortgage Trust 2021-EBO1 Class 1A 144A | 1.22 | &nbsp;&nbsp;12-29-2051 | &nbsp;&nbsp;&nbsp; 666879 | &nbsp;&nbsp;&nbsp;&nbsp; 646871 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Octagon Investment Partners Series 2017-1A Class A2R (3 Month LIBOR +1.45%) 144A± | 5.69 | &nbsp;&nbsp;&nbsp;&nbsp;3-17-2030 | &nbsp;&nbsp;&nbsp; 2190000 | &nbsp;&nbsp;&nbsp;&nbsp; 2100740 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Octane Receivables Trust Series 2022-2A Class A 144A | 5.11 | &nbsp;&nbsp;&nbsp;&nbsp;2-22-2028 | &nbsp;&nbsp;&nbsp; 1648974 | &nbsp;&nbsp;&nbsp;&nbsp; 1626861 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OPG Trust 2021 PORT (1 Month LIBOR +0.71%) 144A± | 4.59 | &nbsp;&nbsp;10-15-2036 | &nbsp;&nbsp;&nbsp; 3152721 | &nbsp;&nbsp;&nbsp;&nbsp; 2955175 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PKHL Commercial Mortgage Trust Series 2021 Class B (1 Month LIBOR +1.18%) 144A± | 5.06 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2038 | &nbsp;&nbsp;&nbsp; 3342000 | &nbsp;&nbsp;&nbsp;&nbsp; 3061743 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ReadyCap Commercial Mortgage Trust Series 2019-5 Class A 144A | 3.78 | &nbsp;&nbsp;&nbsp;&nbsp;2-25-2052 | &nbsp;&nbsp;&nbsp; 191090 | &nbsp;&nbsp;&nbsp;&nbsp; 188020 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Residential Mortgage Loan Trust Series 2021-1R Class A2 144A | 1.10 | &nbsp;&nbsp;&nbsp;&nbsp;1-25-2065 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;327336 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;299685 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sound Point CLO Limited Series 2015-1RA Class AR (3 Month LIBOR +1.08%) 144A± | 5.16 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;895000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;877178 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sound Point CLO Limited Series 2015-1RA Class BR (3 Month LIBOR +1.55%) 144A± | 5.63 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2660000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2517427 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Starwood Mortgage Residential Trust Series 2020-1 Class A3 144A | 2.56 | &nbsp;&nbsp;&nbsp;&nbsp;2-25-2050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1378016 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1309534 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Towd Point Mortgage Trust Series 2017-1 Class A1 144A | 2.75 | &nbsp;&nbsp;10-25-2056 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;431604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;423442 |

---

See accompanying notes to portfolio of investments

------

Allspring Short-Term Bond Plus Fund \| 9

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Non-agency mortgage-backed securities (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Towd Point Mortgage Trust Series 2017-4 Class A1 144A | 2.75% | &nbsp;&nbsp;&nbsp;&nbsp;6-25-2057 | $&nbsp;&nbsp;&nbsp; 392562 | &nbsp;&nbsp;$370976 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Towd Point Mortgage Trust Series 2019-4 Class A1 144A | 2.90 | &nbsp;&nbsp;10-25-2059 | &nbsp;&nbsp;&nbsp; 933930 | &nbsp;&nbsp;&nbsp;&nbsp; 859642 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Towd Point Mortgage Trust Series 2019-MH1 Class A1 144A | 3.00 | &nbsp;&nbsp;11-25-2058 | &nbsp;&nbsp;&nbsp; 210357 | &nbsp;&nbsp;&nbsp;&nbsp; 205608 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UBS Commercial Mortgage Trust Series 2018-NYCH Class A (1 Month LIBOR +0.85%) 144A± | 4.73 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2032 | &nbsp;&nbsp;&nbsp; 1459270 | &nbsp;&nbsp;&nbsp;&nbsp; 1417460 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venture CDO Limited 2017 29A (3 Month LIBOR +0.99%) 144A± | 5.60 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9-7-2030 | &nbsp;&nbsp;&nbsp; 2500000 | &nbsp;&nbsp;&nbsp;&nbsp; 2444903 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Verus Securitization Trust Series 2021-2 Class A1 | 1.03 | &nbsp;&nbsp;&nbsp;&nbsp;2-25-2066 | &nbsp;&nbsp;&nbsp; 1282461 | &nbsp;&nbsp;&nbsp;&nbsp; 1059174 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Verus Securitization Trust Series 2021-8 Class A2 144A | 2.29 | &nbsp;&nbsp;11-25-2066 | &nbsp;&nbsp;&nbsp; 2133156 | &nbsp;&nbsp;&nbsp;&nbsp; 1772531 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Verus Securitization Trust Series 2021-R1 Class A2 144A | 1.06 | &nbsp;&nbsp;10-25-2063 | &nbsp;&nbsp;&nbsp; 137544 | &nbsp;&nbsp;&nbsp;&nbsp; 119287 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Verus Securitization Trust Series 2021-R3 Class A1 | 1.02 | &nbsp;&nbsp;&nbsp;&nbsp;4-25-2064 | &nbsp;&nbsp;&nbsp; 1068949 | &nbsp;&nbsp;&nbsp;&nbsp; 921718 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vibrant CLO Limited (3 Month LIBOR +0.95%) 144A± | 4.48 | &nbsp;&nbsp;&nbsp;&nbsp;6-20-2029 | &nbsp;&nbsp;&nbsp; 1623098 | &nbsp;&nbsp;&nbsp;&nbsp; 1602325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Voya CLO Limited Series 2017-1A (3 Month LIBOR +1.90%) 144A± | 5.98 | &nbsp;&nbsp;&nbsp;&nbsp;4-17-2030 | &nbsp;&nbsp;&nbsp; 2500000 | &nbsp;&nbsp;&nbsp;&nbsp; 2330718 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wilshire Funding Corporation Series 1996-3 Class M2 | 7.44 | &nbsp;&nbsp;&nbsp;&nbsp;8-25-2032 | &nbsp;&nbsp;&nbsp; 47308 | &nbsp;&nbsp;&nbsp;&nbsp; 47890 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wilshire Funding Corporation Series 1996-3 Class M3 | 7.44 | &nbsp;&nbsp;&nbsp;&nbsp;8-25-2032 | &nbsp;&nbsp;&nbsp; 30839 | &nbsp;&nbsp;&nbsp;&nbsp; 30142 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wilshire Funding Corporation Series 1998-2 Class M1 (12 Month Treasury Average +2.00%) ± | 3.10 | &nbsp;&nbsp;12-28-2037 | &nbsp;&nbsp;&nbsp; 4543 | &nbsp;&nbsp;&nbsp;&nbsp; 4449 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wind River CLO Limited Series 2013-2A Class AR (3 Month LIBOR +1.00%) 144A± | 5.19 | &nbsp;&nbsp;10-18-2030 | &nbsp;&nbsp;&nbsp; 4000000 | &nbsp;&nbsp;&nbsp;&nbsp; 3927712 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zais CLO Limited Series 2017-1A (3 Month LIBOR +2.65%) 144A± | 6.73 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2029 | &nbsp;&nbsp;&nbsp; 2050000 | &nbsp;&nbsp;&nbsp;&nbsp; 1952814 |
| &nbsp;&nbsp;**Total Non-agency mortgage-backed securities (Cost $133,932,249)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**125471756** |
| &nbsp;&nbsp;**U.S. Treasury securities: 21.51%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 0.25 | &nbsp;&nbsp;&nbsp;&nbsp;5-15-2024 | &nbsp;&nbsp;&nbsp; 21250000 | &nbsp;&nbsp;&nbsp;&nbsp; 19957568 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 0.38 | &nbsp;&nbsp;12-31-2025 | &nbsp;&nbsp;&nbsp; 2720000 | &nbsp;&nbsp;&nbsp;&nbsp; 2435144 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 1.13 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2025 | &nbsp;&nbsp;&nbsp; 6740000 | &nbsp;&nbsp;&nbsp;&nbsp; 6305323 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 2.50 | &nbsp;&nbsp;&nbsp;&nbsp;5-31-2024 | &nbsp;&nbsp;&nbsp; 15000000 | &nbsp;&nbsp;&nbsp;&nbsp; 14548242 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 2.63 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2025 | &nbsp;&nbsp;&nbsp; 1240000 | &nbsp;&nbsp;&nbsp;&nbsp; 1194759 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 2.75 | &nbsp;&nbsp;&nbsp;&nbsp;5-15-2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;645000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;623130 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 2.88 | &nbsp;&nbsp;&nbsp;&nbsp;6-15-2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2470000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2393584 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 3.00 | &nbsp;&nbsp;&nbsp;&nbsp;6-30-2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1720000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1679419 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 3.13 | &nbsp;&nbsp;&nbsp;&nbsp;8-31-2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1155000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1119718 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 3.25 | &nbsp;&nbsp;&nbsp;&nbsp;8-31-2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75689912 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 3.50 | &nbsp;&nbsp;&nbsp;&nbsp;9-15-2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1690000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1662802 |
| &nbsp;&nbsp;**Total U.S. Treasury securities (Cost $131,081,869)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**127609601** |
| &nbsp;&nbsp;**Yankee corporate bonds and notes: 12.94%** |  |  |  |  |
| &nbsp;&nbsp;**Consumer discretionary: 0.82%** |  |  |  |  |
| &nbsp;&nbsp;**Automobiles: 0.38%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Conti Gummi Finance BV | 1.13 | &nbsp;&nbsp;&nbsp;&nbsp;9-25-2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2006398 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stellantis NV | 5.25 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249040 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2255438** |

---

See accompanying notes to portfolio of investments

------

10 \| Allspring Short-Term Bond Plus Fund

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Internet & direct marketing retail: 0.44%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prosus NV 144A | 3.26% | &nbsp;&nbsp;&nbsp;&nbsp;1-19-2027 | $&nbsp;&nbsp;&nbsp; 3000000 | &nbsp;&nbsp;**$2638052** |
| &nbsp;&nbsp;**Consumer staples: 0.51%** |  |  |  |  |
| &nbsp;&nbsp;**Food products: 0.32%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Viterra Finance BV 144A | 4.90 | &nbsp;&nbsp;&nbsp;&nbsp;4-21-2027 | &nbsp;&nbsp;&nbsp; 2000000 | &nbsp;&nbsp;&nbsp;&nbsp; **1870603** |
| &nbsp;&nbsp;**Tobacco: 0.19%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Imperial Brands plc 144A | 6.13 | &nbsp;&nbsp;&nbsp;&nbsp;7-27-2027 | &nbsp;&nbsp;&nbsp; 1145000 | &nbsp;&nbsp;&nbsp;&nbsp; **1145257** |
| &nbsp;&nbsp;**Energy: 0.48%** |  |  |  |  |
| &nbsp;&nbsp;**Oil, gas & consumable fuels: 0.48%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BP Capital Markets plc (5 Year Treasury Constant Maturity +4.04%) ʊ± | 4.38 | &nbsp;&nbsp;&nbsp;&nbsp;6-22-2025 | &nbsp;&nbsp;&nbsp; 3000000 | &nbsp;&nbsp;&nbsp;&nbsp; **2853750** |
| &nbsp;&nbsp;**Financials: 8.76%** |  |  |  |  |
| &nbsp;&nbsp;**Banks: 5.60%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ANZ New Zealand International Company 144A | 1.90 | &nbsp;&nbsp;&nbsp;&nbsp;2-13-2023 | &nbsp;&nbsp;&nbsp; 2200000 | &nbsp;&nbsp;&nbsp;&nbsp; 2187168 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banco Internacional del Peru SAA Interbank 144A | 3.38 | &nbsp;&nbsp;&nbsp;&nbsp;1-18-2023 | &nbsp;&nbsp;&nbsp; 1305000 | &nbsp;&nbsp;&nbsp;&nbsp; 1299826 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banco Santander (1 Year Treasury Constant Maturity +0.45%) ± | 0.70 | &nbsp;&nbsp;&nbsp;&nbsp;6-30-2024 | &nbsp;&nbsp;&nbsp; 2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1935166 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banque Fédérative du Crédit Mutuel 144A | 4.52 | &nbsp;&nbsp;&nbsp;&nbsp;7-13-2025 | &nbsp;&nbsp;&nbsp; 3000000 | &nbsp;&nbsp;&nbsp;&nbsp; 2951722 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Barclays Bank plc (1 Year Treasury Constant Maturity +0.80%) ± | 1.01 | &nbsp;&nbsp;12-10-2024 | &nbsp;&nbsp;&nbsp; 1155000 | &nbsp;&nbsp;&nbsp;&nbsp; 1092213 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BNP Paribas (U.S. SOFR +1.00%) 144A± | 1.32 | &nbsp;&nbsp;&nbsp;&nbsp;1-13-2027 | &nbsp;&nbsp;&nbsp; 1545000 | &nbsp;&nbsp;&nbsp;&nbsp; 1341981 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BPCE SA 144A« | 4.75 | &nbsp;&nbsp;&nbsp;&nbsp;7-19-2027 | &nbsp;&nbsp;&nbsp; 2560000 | &nbsp;&nbsp;&nbsp;&nbsp; 2492687 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Central American Bank 144A | 1.14 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2-9-2026 | &nbsp;&nbsp;&nbsp; 2500000 | &nbsp;&nbsp;&nbsp;&nbsp; 2206000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Danske Bank A/S (1 Year Treasury Constant Maturity +0.55%) 144A± | 0.98 | &nbsp;&nbsp;&nbsp;&nbsp;9-10-2025 | &nbsp;&nbsp;&nbsp; 2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1812135 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deutsche Bank (U.S. SOFR +2.16%) ± | 2.22 | &nbsp;&nbsp;&nbsp;&nbsp;9-18-2024 | &nbsp;&nbsp;&nbsp; 1500000 | &nbsp;&nbsp;&nbsp;&nbsp; 1439103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Federation des Caisses Desjardins 144A | 4.40 | &nbsp;&nbsp;&nbsp;&nbsp;8-23-2025 | &nbsp;&nbsp;&nbsp; 3000000 | &nbsp;&nbsp;&nbsp;&nbsp; 2929752 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HSBC Holdings plc (U.S. SOFR +0.71%) ± | 0.98 | &nbsp;&nbsp;&nbsp;&nbsp;5-24-2025 | &nbsp;&nbsp;&nbsp; 600000 | &nbsp;&nbsp;&nbsp;&nbsp; 551937 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HSBC Holdings plc (U.S. SOFR +1.10%) ± | 2.25 | &nbsp;&nbsp;11-22-2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1760000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1517032 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HSBC Holdings plc (U.S. SOFR +2.61%) ± | 5.21 | &nbsp;&nbsp;&nbsp;&nbsp;8-11-2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2315949 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intesa Sanpaolo SpA 144A | 3.25 | &nbsp;&nbsp;&nbsp;&nbsp;9-23-2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1882239 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi UFJ Financial Group (1 Year Treasury Constant Maturity +1.90%) ± | 5.35 | &nbsp;&nbsp;&nbsp;&nbsp;9-13-2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2950000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2935407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mizuho Financial Group (U.S. SOFR +1.24%) ± | 2.84 | &nbsp;&nbsp;&nbsp;&nbsp;7-16-2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;951857 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NatWest Markets plc 144A | 2.38 | &nbsp;&nbsp;&nbsp;&nbsp;5-21-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1375000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1351923 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**33194097** |
| &nbsp;&nbsp;**Capital markets: 0.99%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credit Suisse Group AG (U.S. SOFR +2.04%) 144A± | 2.19 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-5-2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2527153 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Macquarie Group Limited (U.S. SOFR +1.07%) 144A± | 1.34 | &nbsp;&nbsp;&nbsp;&nbsp;1-12-2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1885000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1629854 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UBS Group AG (1 Year Treasury Constant Maturity +0.85%) 144A± | 1.49 | &nbsp;&nbsp;&nbsp;&nbsp;8-10-2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1718570 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5875577** |
| &nbsp;&nbsp;**Diversified financial services: 1.23%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AerCap Ireland Capital Designated Activity Company / AerCap Global Aviation Trust | 1.65 | &nbsp;&nbsp;10-29-2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2300414 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;African Export Import BA 144A | 2.63 | &nbsp;&nbsp;&nbsp;&nbsp;5-17-2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;477814 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Avolon Holdings Funding Limited 144A | 2.53 | &nbsp;&nbsp;11-18-2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;862000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;697224 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Avolon Holdings Funding Limited 144A | 5.50 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;965000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;914052 |

---

See accompanying notes to portfolio of investments

------

Allspring Short-Term Bond Plus Fund \| 11

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Diversified financial services (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DAE Funding LLC 144A | 2.63% | &nbsp;&nbsp;&nbsp;&nbsp;3-20-2025 | $&nbsp;&nbsp;&nbsp; 1000000 | &nbsp;&nbsp;$927730 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Red Finance Incorporated 144A | 5.75 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2025 | &nbsp;&nbsp;&nbsp; 2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 2005000 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **7322234** |
| &nbsp;&nbsp;**Insurance: 0.47%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allied World Assurance Company Holdings Limited | 4.35 | &nbsp;&nbsp;10-29-2025 | &nbsp;&nbsp;&nbsp; 2880000 | &nbsp;&nbsp;&nbsp;&nbsp; **2765194** |
| &nbsp;&nbsp;**Thrifts & mortgage finance: 0.47%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nationwide Building Society 144A | 4.85 | &nbsp;&nbsp;&nbsp;&nbsp;7-27-2027 | &nbsp;&nbsp;&nbsp; 2860000 | &nbsp;&nbsp;&nbsp;&nbsp; **2797906** |
| &nbsp;&nbsp;**Health care: 0.32%** |  |  |  |  |
| &nbsp;&nbsp;**Biotechnology: 0.32%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mylan NV | 3.95 | &nbsp;&nbsp;&nbsp;&nbsp;6-15-2026 | &nbsp;&nbsp;&nbsp; 2000000 | &nbsp;&nbsp;&nbsp;&nbsp; **1874367** |
| &nbsp;&nbsp;**Information technology: 0.44%** |  |  |  |  |
| &nbsp;&nbsp;**Semiconductors & semiconductor equipment: 0.44%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Renesas Electronics Corporation 144A | 1.54 | &nbsp;&nbsp;11-26-2024 | &nbsp;&nbsp;&nbsp; 2830000 | &nbsp;&nbsp;&nbsp;&nbsp; **2590704** |
| &nbsp;&nbsp;**Materials: 0.68%** |  |  |  |  |
| &nbsp;&nbsp;**Chemicals: 0.68%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nutrien Limited | 5.90 | &nbsp;&nbsp;&nbsp;&nbsp;11-7-2024 | &nbsp;&nbsp;&nbsp; 2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 2023099 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Syngenta Finance NV 144A | 4.44 | &nbsp;&nbsp;&nbsp;&nbsp;4-24-2023 | &nbsp;&nbsp;&nbsp; 2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1986101 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **4009200** |
| &nbsp;&nbsp;**Real estate: 0.31%** |  |  |  |  |
| &nbsp;&nbsp;**Equity REITs: 0.31%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Scentre Group Trust 144A | 3.63 | &nbsp;&nbsp;&nbsp;&nbsp;1-28-2026 | &nbsp;&nbsp;&nbsp; 2000000 | &nbsp;&nbsp;&nbsp;&nbsp; **1872556** |
| &nbsp;&nbsp;**Utilities: 0.62%** |  |  |  |  |
| &nbsp;&nbsp;**Electric utilities: 0.29%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enel Finance International N.V 144A | 6.80 | &nbsp;&nbsp;10-14-2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1655000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1713787** |
| &nbsp;&nbsp;**Independent power & renewable electricity<br> producers: 0.33%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colbun SA 144A | 4.50 | &nbsp;&nbsp;&nbsp;&nbsp;7-10-2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1965000** |
| &nbsp;&nbsp;**Total Yankee corporate bonds and notes (Cost $81,407,222)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**76743722** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Yield** | &nbsp;&nbsp;**Shares** |  |
| &nbsp;&nbsp;**Short-term investments: 6.46%** |  |  |  |  |
| &nbsp;&nbsp;**Investment companies: 6.46%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allspring Government Money Market Fund Select Class ♠∞## |  | 3.60 | &nbsp;&nbsp;&nbsp; 35918594 | &nbsp;&nbsp;&nbsp;&nbsp; 35918594 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Securities Lending Cash Investments LLC ♠∩∞ |  | 3.90 | &nbsp;&nbsp;&nbsp; 2418000 | &nbsp;&nbsp;&nbsp;&nbsp; 2418000 |
| &nbsp;&nbsp;**Total Short-term investments (Cost $38,336,593)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **38336594** |
| &nbsp;&nbsp;**Total investments in securities (Cost $626,291,674)** | 100.41% |  |  | &nbsp;&nbsp;&nbsp;&nbsp;595615904 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other assets and liabilities, net | &nbsp;&nbsp;&nbsp;(0.41) |  |  | &nbsp;&nbsp;&nbsp;&nbsp; (2415521) |
| &nbsp;&nbsp;**Total net assets** | **100.00%** |  |  | &nbsp;&nbsp;**$593200383** |

---

See accompanying notes to portfolio of investments

------

12 \| Allspring Short-Term Bond Plus Fund

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | |
|:---|:---|
| ± | Variable rate investment. The rate shown is the rate in effect at period end. |
| ±± | The coupon of the security is adjusted based on the principal and/or interest payments received from the underlying pool of mortgages as well as the credit quality and the actual prepayment speed of the underlying mortgages. The rate shown is the rate in effect at period end. |
| 144A | The security may be resold in transactions exempt from registration, normally to qualified institutional buyers, pursuant to Rule 144A under the Securities Act of 1933. |
| ¤ | The security is issued in zero coupon form with no periodic interest payments. |
| ♦ | The security is fair valued in accordance with Allspring Funds Management's valuation procedures, as the Board-designated valuation designee. |
| ♀ | Investment in an interest-only security that entitles holders to receive only the interest payments on the underlying mortgages. The principal amount shown is the notional amount of the underlying mortgages. The rate represents the coupon rate. |
| ## | All or a portion of this security is segregated for when-issued securities. |
| « | All or a portion of this security is on loan. |
| ♠ | The issuer of the security is an affiliated person of the Fund as defined in the Investment Company Act of 1940. |
| ∩ | The investment is a non-registered investment company purchased with cash collateral received from securities on loan. |
| ∞ | The rate represents the 7-day annualized yield at period end. |
| %% | The security is purchased on a when-issued basis. |
| ʊ | Security is perpetual in nature and has no stated maturity date. The date shown reflects the next call date. |

---

---

| | |
|:---|:---|
| Abbreviations: | Abbreviations: |
| BRL | &nbsp;&nbsp;&nbsp;Brazilian real |
| CLP | &nbsp;&nbsp;&nbsp;Chile Peso |
| EUR | &nbsp;&nbsp;&nbsp;Euro |
| EURIBOR | &nbsp;&nbsp;&nbsp;Euro Interbank Offered Rate |
| FHLMC | &nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation |
| FNMA | &nbsp;&nbsp;&nbsp;Federal National Mortgage Association |
| GNMA | &nbsp;&nbsp;&nbsp;Government National Mortgage Association |
| HUF | &nbsp;&nbsp;&nbsp;Hungarian forint |
| LIBOR | &nbsp;&nbsp;&nbsp;London Interbank Offered Rate |
| REIT | &nbsp;&nbsp;&nbsp;Real estate investment trust |
| SOFR | &nbsp;&nbsp;&nbsp;Secured Overnight Financing Rate |
| ZAR | &nbsp;&nbsp;&nbsp;South African rand |

---

#### Investments in affiliates
An affiliated investment is an investment in which the Fund owns at least 5% of the outstanding voting shares of the issuer or as a result of other relationships, such as the Fund and the issuer having the same investment manager. Transactions with issuers that were affiliates of the Fund at the end of the period were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value,<br> beginning of<br> period** | **Purchases** | **Sales<br> proceeds** | **Net<br> realized<br> gains<br> (losses)** | **Net<br> change in<br> unrealized<br> gains<br> (losses)** | **Value,<br> end of<br> period** | **Shares,<br> end<br> of period** | **Income<br> from<br> affiliated<br> securities** |
| &nbsp;&nbsp;**Short-term investments** | &nbsp;&nbsp;**Short-term investments** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allspring Government Money Market Fund Select Class | $34859487 | $123141358 | $(122082251) | &nbsp;&nbsp;&nbsp;$0 | $0 | $35918594 | 35918594 | $248496 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Securities Lending Cash Investments LLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;385605 | &nbsp;&nbsp;&nbsp;155927030 | &nbsp;&nbsp;&nbsp;(153894621) | &nbsp;&nbsp;&nbsp;&nbsp;(15) | &nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2418000 | &nbsp;&nbsp;&nbsp;2418000 | &nbsp;&nbsp;&nbsp;&nbsp;129486<sup>#</sup> |
|  |  |  |  | **$(15)** | **$1** | **$38336594** |  | **$377982** |

---

---

| | |
|:---|:---|
| <sup>#</sup> | Amount shown represents income before fees and rebates. |

---

#### Forward foreign currency contracts

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Currency to be<br> received** | &nbsp;&nbsp;**Currency to be<br> delivered** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> date** | &nbsp;&nbsp;**Unrealized<br> gains** | &nbsp;&nbsp;**Unrealized<br> losses** |
| &nbsp;&nbsp;17,304,279 USD | &nbsp;&nbsp;17,505,000 EUR | &nbsp;&nbsp;Morgan Stanley | &nbsp;&nbsp;12-30-2022 | &nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;$(956152) |

---

See accompanying notes to portfolio of investments

------

Allspring Short-Term Bond Plus Fund \| 13

------

Portfolio of investments—November 30, 2022 (unaudited)

------

#### Forward foreign currency contracts (continued)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Currency to be<br> received** | &nbsp;&nbsp;**Currency to be<br> delivered** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> date** | &nbsp;&nbsp;**Unrealized<br> gains** | &nbsp;&nbsp;**Unrealized<br> losses** |
| &nbsp;&nbsp;1,271,570 USD | &nbsp;&nbsp;22,600,000 ZAR | &nbsp;&nbsp;Morgan Stanley | &nbsp;&nbsp;12-30-2022 | &nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;&nbsp;$(33110) |
| &nbsp;&nbsp;1,709,810 USD | &nbsp;&nbsp;1,690,000 EUR | &nbsp;&nbsp;Morgan Stanley | &nbsp;&nbsp;12-30-2022 | &nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(53122) |
|  |  |  |  | &nbsp;&nbsp;**$0** | &nbsp;&nbsp;**$(1042384)** |

---

#### Futures contracts

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Description** | &nbsp;&nbsp;**Number of<br> contracts** | &nbsp;&nbsp;**Expiration<br> date** | &nbsp;&nbsp;**Notional<br> cost** | &nbsp;&nbsp;**Notional<br> value** | &nbsp;&nbsp;**Unrealized<br> gains** | &nbsp;&nbsp;**Unrealized<br> losses** |
| &nbsp;&nbsp;**Long** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2-Year U.S. Treasury Notes | &nbsp;&nbsp;1111 | &nbsp;&nbsp;3-31-2023 | &nbsp;&nbsp;$227609266 | &nbsp;&nbsp;$228154267 | &nbsp;&nbsp;$545001 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$0 |
| &nbsp;&nbsp;**Short** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro-BOBL Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(49) | &nbsp;&nbsp;12-8-2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5977181) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5881470) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95711 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| &nbsp;&nbsp;&nbsp;&nbsp;10-Year U.S. Treasury Notes | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(39) | &nbsp;&nbsp;3-22-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4419709) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4426500) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6791) |
| &nbsp;&nbsp;&nbsp;&nbsp;5-Year U.S. Treasury Notes | &nbsp;&nbsp;&nbsp;&nbsp;(199) | &nbsp;&nbsp;3-31-2023 | &nbsp;&nbsp;&nbsp;&nbsp;(21534188) | &nbsp;&nbsp;&nbsp;&nbsp;(21605492) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;(71304) |
|  |  |  |  |  | &nbsp;&nbsp;**$640712** | &nbsp;&nbsp;**$(78095)** |

---

See accompanying notes to portfolio of investments

------

14 \| Allspring Short-Term Bond Plus Fund

------

Notes to portfolio of investments—November 30, 2022 (unaudited)

------

Securities valuation

All investments are valued each business day as of the close of regular trading on the New York Stock Exchange (generally 4 p.m. Eastern Time), although the Fund may deviate from this calculation time under unusual or unexpected circumstances.

Debt securities are valued at the evaluated bid price provided by an independent pricing service (e.g. taking into account various factors, including yields, maturities, or credit ratings) or, if a reliable price is not available, the quoted bid price from an independent broker-dealer.

Equity securities and futures contracts that are listed on a foreign or domestic exchange or market are valued at the official closing price or, if none, the last sales price.

The values of securities denominated in foreign currencies are translated into U.S. dollars at rates provided by an independent foreign currency pricing source at a time each business day specified by the Allspring Global Investments Pricing Committee at Allspring Funds Management, LLC ("Allspring Funds Management").

Forward foreign currency contracts are recorded at the forward rate provided by an independent foreign currency pricing source at a time each business day specified by the Allspring Global Investments Pricing Committee.

Investments in registered open-end investment companies (other than those listed on a foreign or domestic exchange or market) are valued at net asset value. Interests in non-registered investment companies that are redeemable at net asset value are fair valued normally at net asset value.

Investments which are not valued using the methods discussed above are valued at their fair value, as determined in good faith by Allspring Funds Management, which was named the valuation designee by the Board of Trustees. As the valuation designee, Allspring Funds Management is responsible for day-to-day valuation activities for the Allspring Funds. In connection with these responsibilities, Allspring Funds Management has established a Valuation Committee and has delegated to it the authority to take any actions regarding the valuation of portfolio securities that the Valuation Committee deems necessary or appropriate, including determining the fair value of portfolio securities. On a quarterly basis, the Board of Trustees receives reports of valuation actions taken by the Valuation Committee. On at least an annual basis, the Board of Trustees receives an assessment of the adequacy and effectiveness of Allspring Funds Management's process for determining the fair value of the portfolio of investments.

Foreign currency translation

The accounting records of the Fund are maintained in U.S. dollars. The values of other assets and liabilities denominated in foreign currencies are translated into U.S. dollars at rates provided by an independent foreign currency pricing source at a time each business day specified by the Allspring Global Investments Pricing Committee. Purchases and sales of securities, and income and expenses are converted at the rate of exchange on the respective dates of such transactions. Net realized foreign exchange gains or losses arise from sales of foreign currencies, currency gains or losses realized between the trade and settlement dates on securities transactions, and the difference between the amounts of dividends, interest and foreign withholding taxes recorded and the U.S. dollar equivalent of the amounts actually paid or received. Net unrealized foreign exchange gains and losses arise from changes in the fair value of assets and liabilities other than investments in securities resulting from changes in exchange rates. The changes in net assets arising from changes in exchange rates of securities and the changes in net assets resulting from changes in market prices of securities are not separately presented. Such changes are included in net realized and unrealized gains or losses from investments.

Securities lending

The Fund may lend its securities from time to time in order to earn additional income in the form of fees or interest on securities received as collateral or the investment of any cash received as collateral. When securities are on loan, the Fund receives interest or dividends on those securities. Cash collateral received in connection with its securities lending transactions is invested in Securities Lending Cash Investments, LLC (the "Securities Lending Fund"), an affiliated non-registered investment company. Investments in Securities Lending Fund are valued at the evaluated bid price provided by an independent pricing service. The Securities Lending Fund is exempt from registration under Section 3(c)(7) of the Investment Company Act of 1940 and is managed by Allspring Funds Management and is subadvised by Allspring Global Investments, LLC ("Allspring Investments"), an affiliate of Allspring Funds Management and wholly owned subsidiary of Allspring Global Investments Holdings, LLC. Allspring Funds Management receives an advisory fee starting at 0.05% and declining to 0.01% as the average daily net assets of the Securities Lending Fund increase. All of the fees received by Allspring Funds Management are paid to Allspring Investments for its services as subadviser. The Securities Lending Fund seeks to provide a positive return compared to the daily Fed Funds Open Rate by investing in high-quality, U.S. dollar-denominated short-term money market instruments.

------

Allspring Short-Term Bond Plus Fund \| 15

------

Notes to portfolio of investments—November 30, 2022 (unaudited)

------

In a securities lending transaction, the net asset value of the Fund is affected by an increase or decrease in the value of the securities loaned and by an increase or decrease in the value of the instrument in which collateral is invested. The amount of securities lending activity undertaken by the Fund fluctuates from time to time. The Fund has the right under the lending agreement to recover the securities from the borrower on demand. In the event of default or bankruptcy by the borrower, the Fund may be prevented from recovering the loaned securities or gaining access to the collateral or may experience delays or costs in doing so. In such an event, the terms of the agreement allow the unaffiliated securities lending agent to use the collateral to purchase replacement securities on behalf of the Fund or pay the Fund the market value of the loaned securities. The Fund bears the risk of loss with respect to depreciation of its investment of the cash collateral.

When-issued transactions

The Fund may purchase securities on a forward commitment or when-issued basis. The Fund records a when-issued transaction on the trade date and will segregate assets in an amount at least equal in value to the Fund's commitment to purchase when-issued securities. Securities purchased on a when-issued basis are marked-to-market daily and the Fund begins earning interest on the settlement date. Losses may arise due to changes in the market value of the underlying securities or if the counterparty does not perform under the contract.

Loans

The Fund may invest in direct debt instruments which are interests in amounts owed to lenders by corporate or other borrowers. The loans pay interest at rates which are periodically reset by reference to a base lending rate plus a spread. Investments in loans may be in the form of participations in loans or assignments of all or a portion of loans from third parties. When the Fund purchases participations, it generally has no rights to enforce compliance with the terms of the loan agreement with the borrower. As a result, the Fund assumes the credit risk of both the borrower and the lender that is selling the participation. When the Fund purchases assignments from lenders, it acquires direct rights against the borrower on the loan and may enforce compliance by the borrower with the terms of the loan agreement. Loans may include fully funded term loans or unfunded loan commitments, which are contractual obligations for future funding.

Forward foreign currency contracts

A forward foreign currency contract is an agreement between two parties to purchase or sell a specific currency for an agreed-upon price at a future date. The Fund enters into forward foreign currency contracts to facilitate transactions in foreign-denominated securities and to attempt to minimize the risk to the Fund from adverse changes in the relationship between currencies. Forward foreign currency contracts are recorded at the forward rate and marked-to-market daily. When the contracts are closed, realized gains and losses arising from such transactions are recorded as realized gains or losses on forward foreign currency contracts. The Fund is subject to foreign currency risk and may be exposed to risks if the counterparties to the contracts are unable to meet the terms of their contracts or if the value of the foreign currency changes unfavorably. The Fund's maximum risk of loss from counterparty credit risk is the unrealized gains on the contracts. This risk may be mitigated if there is a master netting arrangement between the Fund and the counterparty.

Futures contracts

Futures contracts are agreements between the Fund and a counterparty to buy or sell a specific amount of a commodity, financial instrument or currency at a specified price and on a specified date. The Fund may buy and sell futures contracts in order to gain exposure to, or protect against, changes in interest rates and is subject to interest rate risk. The primary risks associated with the use of futures contracts are the imperfect correlation between changes in market values of securities held by the Fund and the prices of futures contracts, and the possibility of an illiquid market. Futures contracts are generally entered into on a regulated futures exchange and cleared through a clearinghouse associated with the exchange. With futures contracts, there is minimal counterparty risk to the Fund since futures contracts are exchange traded and the exchange's clearinghouse, as the counterparty to all exchange traded futures, guarantees the futures contracts against default.

Upon entering into futures contracts, the Fund is required to deposit either cash or securities (initial margin) with the broker in an amount equal to a certain percentage of the contract value. Subsequent payments (variation margin) are paid to or from the broker each day equal to the daily changes in the contract value. Such payments are recorded as unrealized gains or losses and, if any, shown as variation margin receivable (payable). Should the Fund fail to make requested variation margin payments, the broker can gain access to the initial margin to satisfy the Fund's payment obligations. When the contracts are closed, a realized gain or loss is recorded.

Fair valuation measurements

Fair value measurements of investments are determined within a framework that has established a fair value hierarchy based upon the various data inputs utilized in determining the value of the Fund's investments. The three-level hierarchy gives the

------

16 \| Allspring Short-Term Bond Plus Fund

------

Notes to portfolio of investments—November 30, 2022 (unaudited)

------

highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The Fund's investments are classified within the fair value hierarchy based on the lowest level of input that is significant to the fair value measurement. The inputs are summarized into three broad levels as follows:

■ Level 1 – quoted prices in active markets for identical securities

■ Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

■ Level 3 – significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments in securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the inputs used in valuing the Fund's assets and liabilities as of November 30, 2022:

---

| | | | | |
|:---|:---|:---|:---|:---|
| | &nbsp;&nbsp;Quoted prices<br> (Level 1) | &nbsp;&nbsp;&nbsp;&nbsp;Other significant<br> observable inputs<br> (Level 2) | &nbsp;&nbsp;&nbsp;&nbsp;Significant<br> unobservable inputs<br> (Level 3) | &nbsp;&nbsp;&nbsp;&nbsp;Total |
| &nbsp;&nbsp;&nbsp;&nbsp;**<u>Assets</u>** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Investments in:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Agency securities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;&nbsp;$4126348 | &nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;&nbsp;$4126348 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Asset-backed securities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66770169 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66770169 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Corporate bonds and notes** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127317765 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127317765 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Foreign corporate bonds and notes** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7923353 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7923353 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Foreign government bonds** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12478694 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12478694 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Loans** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5933858 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5933858 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Municipal obligations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2904044 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2904044 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Non-agency mortgage-backed securities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125471756 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125471756 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**U.S. Treasury securities** | &nbsp;&nbsp;&nbsp;&nbsp;127609601 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127609601 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Yankee corporate bonds and notes** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76743722 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76743722 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Short-term investments** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Investment companies* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38336594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38336594 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;165946195 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;429669709 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;595615904 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Futures contracts** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;640712 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;640712 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total assets** | &nbsp;&nbsp;**$166586907** | &nbsp;&nbsp;&nbsp;&nbsp;**$429669709** | &nbsp;&nbsp;&nbsp;&nbsp;**$0** | &nbsp;&nbsp;&nbsp;&nbsp;**$596256616** |
| &nbsp;&nbsp;&nbsp;&nbsp;**<u>Liabilities</u>** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Forward foreign currency contracts** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;&nbsp;$1042384 | &nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;&nbsp;$1042384 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Futures contracts** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78095 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78095 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total liabilities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$78095** | &nbsp;&nbsp;&nbsp;&nbsp;**$1042384** | &nbsp;&nbsp;&nbsp;&nbsp;**$0** | &nbsp;&nbsp;&nbsp;&nbsp;**$1120479** |

---

Futures contracts and forward foreign currency contracts are reported at their cumulative unrealized gains (losses) at measurement date as reported in the tables following the Portfolio of Investments. All other assets and liabilities are reported at their market value at measurement date.

Additional sector, industry or geographic detail, if any, is included in the Portfolio of Investments.

As of November 30, 2022, $3,378,691 was segregated as cash collateral for open futures contracts.

For the three months ended November 30, 2022, the Fund did not have any transfers into/out of Level 3.

------

Allspring Short-Term Bond Plus Fund \| 17

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** ALLSPRING FUNDS TRUST

- **b. Investment Company Act file number:** 811-09253

- **c. CIK number of Registrant:** 0001081400

- **d. LEI of Registrant:** 549300XROIY0CTN7RZ24

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

  - **Street Address 1:** 525 MARKET STREET

  - **City:** SAN FRANCISCO

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94105

  - **Telephone number:** 800-222-8222

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

- **a. Name of Series:** Allspring Short-Term Bond Plus Fund

- **b. EDGAR series identifier (if any):** S000007427

- **c. LEI of Series:** 54930041J6374Z48C437

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

- **a. Date of fiscal year-end:** 2023-08-31

- **b. Date as of which information is reported:** 2022-11-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $604670179.41

**Total Liabilities:** $11047222.42

**Net Assets:** $593622956.99

**Cash Not Reported:** $2449886.63

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -1784.87000000 | **1-Year:** -32057.72000000 | **5-Year:** -38217.77000000 | **10-Year:** -8057.23000000 | **30-Year:** -4248.40000000

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

- **3-Month:** -541.46000000 | **1-Year:** -6613.10000000 | **5-Year:** -5001.67000000 | **10-Year:** -1100.13000000 | **30-Year:** -1610.92000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000064987 | -1.75%               | -0.36%               | 0.92%                |
| Class ID C000020382 | -1.55%               | -0.40%               | 1.14%                |
| Class ID C000205248 | -1.54%               | -0.28%               | 1.02%                |
| Class ID C000020381 | -1.57%               | -0.42%               | 1.12%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2255844.01             | $-7427335.82                               |
| Month 2  | $-240951.40              | $-2181558.46                               |
| Month 3  | $-245624.25              | $6319757.69                                |

**Designated Index Information**

- **Index Name:** Bloomberg 1-3 Year U.S. Government/Credit Index

- **Index Identifier:** gcrd1-3_returns

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| HGI CRE CLO Ltd                                            | HGI CRE CLO 2021-FL1 Ltd                                                        | CUSIP: 40441LAA4<br>LEI: 549300VYJ293N0KO2L78 | Long             | ABS-CBDO         | CORP              | KY        |    1708105 | PA      | $1668686.47   | 0.28%             | 2036-06-16      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| GA GLOBAL FUNDING TRUST                                    | GA Global Funding Trust                                                         | CUSIP: 36143L2B0<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |    3022000 | PA      | $2822275.51   | 0.48%             | 2024-04-08      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC                   | Avis Budget Rental Car Funding AESOP LLC                                        | CUSIP: 05377RDV3<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    2220000 | PA      | $2002931.29   | 0.34%             | 2026-08-20      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| TACO BELL FUNDING, LLC                                     | Taco Bell Funding LLC                                                           | CUSIP: 87342RAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2732400 | PA      | $2305623.71   | 0.39%             | 2051-08-25      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                                   | Angel Oak Mortgage Trust 2020-R1                                                | CUSIP: 034651AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     702054 | PA      | $652830.64    | 0.11%             | 2053-04-25      | Variable      | 0.99%                 | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                            | TransDigm, Inc. 2020 Term Loan G                                                | CUSIP: 89364MBS2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |    1989657 | PA      | $1979887.84   | 0.33%             | 2024-08-22      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                        | Global Payments Inc                                                             | CUSIP: 37940XAP7<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    1540000 | PA      | $1497482.82   | 0.25%             | 2027-08-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                | Freddie Mac Gold Pool                                                           | CUSIP: 3128MML68<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     134126 | PA      | $134603.04    | 0.02%             | 2025-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Aqua Finance Trust                                         | Aqua Finance Trust 2021-A                                                       | CUSIP: 03842VAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1971451 | PA      | $1800511.62   | 0.30%             | 2046-07-17      | Fixed         | 1.54%                 | No            |                  2 | On Loan: No      |
| Michael Kors USA Inc                                       | Michael Kors USA Inc                                                            | CUSIP: 59408TAA8<br>LEI: 549300MIBZ1H6BCOET19 | Long             | DBT              | CORP              | US        |    2241000 | PA      | $2109341.25   | 0.36%             | 2024-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SCENTRE GROUP TRUST 1/2                                    | Scentre Group Trust 1 / Scentre Group Trust 2                                   | CUSIP: 80622GAD6<br>LEI: N/A                  | Long             | DBT              |  | AU        |    2000000 | PA      | $1872556.22   | 0.32%             | 2026-01-28      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| BRIGHTHSE FIN GLBL FUND                                    | Brighthouse Financial Global Funding                                            | CUSIP: 10921U2A5<br>LEI: 549300BLFX3KJ2IFOA78 | Long             | DBT              | CORP              | US        |    2000000 | PA      | $1876966.22   | 0.32%             | 2024-04-12      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                                    | Starwood Property Trust Inc                                                     | CUSIP: 85571BAS4<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |     750000 | PA      | $747427.50    | 0.13%             | 2023-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ReadyCap Commercial Mortgage Trust                         | Ready Capital Mortgage Trust 2019-5                                             | CUSIP: 75575MAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     191090 | PA      | $188020.24    | 0.03%             | 2052-02-25      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                  | Boeing Co/The                                                                   | CUSIP: 097023CS2<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    2000000 | PA      | $1992775.26   | 0.34%             | 2023-05-01      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                                   | Celanese US Holdings LLC                                                        | CUSIP: 15089QAL8<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    2400000 | PA      | $2387946.00   | 0.40%             | 2025-03-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                      | Wells Fargo & Co                                                                | CUSIP: 95000U2V4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    3000000 | PA      | $2786688.15   | 0.47%             | 2028-03-24      | Fixed         | 3.53%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities                   | Freddie Mac Structured Pass-Through Certificates                                | CUSIP: 31392MH47<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     207152 | PA      | $230479.11    | 0.04%             | 2042-02-25      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I                                    | Metropolitan Life Global Funding I                                              | CUSIP: 59217GFB0<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |    2000000 | PA      | $1953818.00   | 0.33%             | 2027-06-30      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| RENESAS ELECTRONICS CORP                                   | Renesas Electronics Corp                                                        | CUSIP: 75972BAA9<br>LEI: 5299000EPC47VJQOFB81 | Long             | DBT              | CORP              | JP        |    2830000 | PA      | $2590703.75   | 0.44%             | 2024-11-26      | Fixed         | 1.54%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC                        | PURCHASED USD / SOLD EUR                                                        | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | US        |          1 | NC      | $-956152.65   | -0.16%            |  |  |  | No            |                  2 | On Loan: No      |
| Apex Credit CLO LLC                                        | JFIN CLO 2017-II Ltd                                                            | CUSIP: 46593CAC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    3000000 | PA      | $2871060.00   | 0.48%             | 2029-09-20      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| EPR Properties                                             | EPR Properties                                                                  | CUSIP: 26884UAB5<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              |  | US        |    1500000 | PA      | $1411938.62   | 0.24%             | 2025-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FWD Securitization Trust                                   | FWD Securitization Trust 2020-INV1                                              | CUSIP: 302985AC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     786717 | PA      | $694801.50    | 0.12%             | 2050-01-25      | Variable      | 2.44%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE HOLDINGS FINA                                   | Blackstone Holdings Finance Co LLC                                              | CUSIP: 09261BAJ9<br>LEI: 549300D2L6J4NC1QVZ22 | Long             | DBT              | CORP              | US        |    2145000 | PA      | $2180549.28   | 0.37%             | 2027-11-03      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                              | Citigroup Inc                                                                   | CUSIP: 172967NX5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    3000000 | PA      | $3010518.21   | 0.51%             | 2026-09-29      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                 | Fannie Mae Pool                                                                 | CUSIP: 31410KQ98<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        994 | PA      | $990.82       | 0.00%             | 2023-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| COMMONBOND STUDENT LOAN TRUST                              | Commonbond Student Loan Trust 2018-BGS                                          | CUSIP: 20268MAA4<br>LEI: 549300EJIXF1G1X7PN20 | Long             | ABS-O            | CORP              | US        |     813430 | PA      | $763561.89    | 0.13%             | 2045-09-25      | Fixed         | 3.56%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                        | New Residential Mortgage Loan Trust 2018-5                                      | CUSIP: 64829XAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1956770 | PA      | $1860227.11   | 0.31%             | 2057-12-25      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                        | Southern California Edison Co                                                   | CUSIP: 842400GZ0<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    2200000 | PA      | $2173778.93   | 0.37%             | 2023-04-03      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| Hertz Vehicle Financing LLC                                | Hertz Vehicle Financing LLC                                                     | CUSIP: 42806MAA7<br>LEI: 5493004IHDYOZ9K9WF47 | Long             | ABS-O            | CORP              | US        |    2325000 | PA      | $2131318.90   | 0.36%             | 2025-12-26      | Fixed         | 1.21%                 | No            |                  2 | On Loan: No      |
| PERMANENT TSB GROUP                                        | Permanent TSB Group Holdings PLC                                                | CUSIP: 000000000<br>LEI: 635400DTNHVYGZODKQ93 | Long             | DBT              | CORP              | IE        |    1000000 | PA      | $994998.88    | 0.17%             | 2024-09-26      | Fixed         | 2.13%                 | Yes           |                  2 | On Loan: No      |
| COLBUN SA                                                  | Colbun SA                                                                       | CUSIP: 192714AB9<br>LEI: 5493003VQJLE2QB8IF36 | Long             | DBT              | CORP              | CL        |    2000000 | PA      | $1965000.00   | 0.33%             | 2024-07-10      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BONOS TESORERIA PESOS                                      | Bonos de la Tesoreria de la Republica en pesos                                  | CUSIP: 000000000<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        | 1250000000 | PA      | $1362857.94   | 0.23%             | 2026-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VITERRA FINANCE BV                                         | Viterra Finance BV                                                              | CUSIP: 92852LAC3<br>LEI: 213800HBZGEIZLKJBI17 | Long             | DBT              | CORP              | NL        |    2000000 | PA      | $1870603.34   | 0.32%             | 2027-04-21      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| CPS Auto Trust                                             | CPS Auto Receivables Trust 2021-A                                               | CUSIP: 12656NAG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4645000 | PA      | $4383844.63   | 0.74%             | 2026-12-15      | Fixed         | 1.16%                 | No            |                  2 | On Loan: No      |
| OMEGA HLTHCARE INVESTORS                                   | Omega Healthcare Investors Inc                                                  | CUSIP: 681936BK5<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              |  | US        |     145000 | PA      | $133842.38    | 0.02%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                         | Banco Santander SA                                                              | CUSIP: 05971KAK5<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    2000000 | PA      | $1935165.50   | 0.33%             | 2024-06-30      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| Cascade Funding Mortgage Trust                             | Cascade Funding Mortgage Trust 2018-RM2                                         | CUSIP: 14727QAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     877663 | PA      | $827051.76    | 0.14%             | 2068-10-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                                 | Verus Securitization Trust 2021-2                                               | CUSIP: 92538FAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1282461 | PA      | $1059174.04   | 0.18%             | 2066-02-25      | Variable      | 1.03%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                     | United States Treasury Note/Bond                                                | CUSIP: 91282CCC3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   21250000 | PA      | $19957568.41  | 3.36%             | 2024-05-15      | Fixed         | 0.25%                 | No            |                  1 | On Loan: No      |
| UNITED AIR 2020-1 B PTT                                    | United Airlines 2020-1 Class B Pass Through Trust                               | CUSIP: 90932VAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     617220 | PA      | $584004.37    | 0.10%             | 2026-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortgage Loan Trust                | MF1 Multifamily Housing Mortgage Loan Trust                                     | CUSIP: 55282XAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    1411935 | PA      | $1357493.90   | 0.23%             | 2036-07-15      | Floating      | 4.83%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                                     | SLM Student Loan Trust 2012-3                                                   | CUSIP: 78447AAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1305049 | PA      | $1243258.01   | 0.21%             | 2038-12-27      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                                   | Republic of South Africa Government Bond                                        | CUSIP: 000000000<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |   22600000 | PA      | $1386068.10   | 0.23%             | 2026-12-21      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| PIEDMONT OPERATING PARTN                                   | Piedmont Operating Partnership LP                                               | CUSIP: 720198AD2<br>LEI: 549300WKGDPAS39FBD10 | Long             | DBT              |  | US        |    1765000 | PA      | $1737640.74   | 0.29%             | 2024-03-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                        | COMM 2014-CR14 Mortgage Trust                                                   | CUSIP: 12630DBB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     680000 | PA      | $652331.21    | 0.11%             | 2047-02-10      | Variable      | 4.73%                 | No            |                  2 | On Loan: No      |
| DAE FUNDING LLC                                            | DAE Funding LLC                                                                 | CUSIP: 23371DAJ3<br>LEI: 635400SZTPQL3Y1P2C76 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $930864.93    | 0.16%             | 2024-08-01      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| DELTA AIRLINES 2015B                                       | Delta Air Lines 2015-1 Class B Pass Through Trust                               | CUSIP: 24737AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     797639 | PA      | $782696.21    | 0.13%             | 2023-07-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MFRA Trust                                                 | MFA 2021-NQM1 Trust                                                             | CUSIP: 55283FAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     949269 | PA      | $820764.04    | 0.14%             | 2065-04-25      | Variable      | 1.38%                 | No            |                  2 | On Loan: No      |
| Sabra Health Care LP                                       | Sabra Health Care LP                                                            | CUSIP: 14162VAB2<br>LEI: 549300OVKLRFSIQG0H81 | Long             | DBT              |  | US        |    1490000 | PA      | $1406036.21   | 0.24%             | 2026-08-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                           | Deutsche Bank AG/New York NY                                                    | CUSIP: 251526CC1<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    1500000 | PA      | $1439102.79   | 0.24%             | 2024-09-18      | Fixed         | 2.22%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                                           | COLT 2020-2 Mortgage Loan Trust                                                 | CUSIP: 19688JAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     115491 | PA      | $112791.29    | 0.02%             | 2065-03-25      | Variable      | 1.85%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust              | J.P. Morgan Chase Commercial Mortgage Securities Trust 2019-MFP                 | CUSIP: 46651MAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1149504 | PA      | $1115572.96   | 0.19%             | 2036-07-15      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| ONE GAS INC                                                | ONE Gas Inc                                                                     | CUSIP: 68235PAJ7<br>LEI: 549300HXDWI0LATTX840 | Long             | DBT              | CORP              | US        |     838000 | PA      | $836151.71    | 0.14%             | 2023-03-11      | Fixed         | 0.85%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                       | Bank of America Corp                                                            | CUSIP: 06051GHL6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $989663.18    | 0.17%             | 2024-07-23      | Fixed         | 3.86%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                            | CSAIL 2016-C5 Commercial Mortgage Trust                                         | CUSIP: 12636LAX8<br>LEI: 549300FU8TZDHFLQZL50 | Long             | ABS-MBS          | CORP              | US        |     817720 | PA      | $774887.28    | 0.13%             | 2048-11-15      | Fixed         | 3.49%                 | No            |                  2 | On Loan: No      |
| AEDAS HOMES OPCO SLU                                       | Aedas Homes Opco SLU                                                            | CUSIP: 000000000<br>LEI: 959800NRD7BJBYEDBG71 | Long             | DBT              | CORP              | ES        |    1500000 | PA      | $1344871.51   | 0.23%             | 2026-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Contimortgage Home Equity Loan Trust                       | Contimortgage Home Equity Loan Trust 1996-2                                     | CUSIP: 21075WCW3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     429058 | PA      | $5843.38      | 0.00%             | 2027-07-15      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| AFRICAN EXPORT-IMPORT BA                                   | African Export-Import Bank/The                                                  | CUSIP: 00831TAB7<br>LEI: 21380068LJCDYA42GJ76 | Long             | DBT              | NUSS              | XX        |     550000 | PA      | $477813.60    | 0.08%             | 2026-05-17      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                                  | Towd Point Mortgage Trust 2017-4                                                | CUSIP: 89173UAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     392562 | PA      | $370976.00    | 0.06%             | 2057-06-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                     | United States Treasury Note/Bond                                                | CUSIP: 91282CFG1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   77250000 | PA      | $75689912.30  | 12.75%            | 2024-08-31      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Gracie Point International Funding                         | GRACIE POINT INTERNATIONAL FUNDING 2021-1                                       | CUSIP: 38411EAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1500000 | PA      | $1493006.85   | 0.25%             | 2023-11-01      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                             | Pagaya AI Debt Selection Trust 2021-1                                           | CUSIP: 69547JAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     747413 | PA      | $733202.72    | 0.12%             | 2027-11-15      | Fixed         | 1.18%                 | No            |                  2 | On Loan: No      |
| CANPACK SA/CANPACK US                                      | Canpack SA / Canpack US LLC                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    1500000 | PA      | $1291376.34   | 0.22%             | 2027-11-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust                              | UBS Commercial Mortgage Trust 2018-NYCH                                         | CUSIP: 90266HAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1459270 | PA      | $1417459.77   | 0.24%             | 2032-02-15      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| OCTAGON INVESTMENT PARTNERS 30 LTD                         | Octagon Investment Partners 30 Ltd                                              | CUSIP: 675920AL6<br>LEI: 549300CDNDWWERRAUA43 | Long             | ABS-CBDO         | CORP              | KY        |    2190000 | PA      | $2100739.98   | 0.35%             | 2030-03-17      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                        | COMM 2012-CCRE4 Mortgage Trust                                                  | CUSIP: 12624QAT0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2000000 | PA      | $1918602.20   | 0.32%             | 2045-10-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                                 | Navient Private Education Refi Loan Trust 2021-E                                | CUSIP: 63942EAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2373643 | PA      | $1960927.53   | 0.33%             | 2069-12-16      | Fixed         | 0.97%                 | No            |                  2 | On Loan: No      |
| DBWF Mortgage Trust                                        | DBWF 2018-GLKS Mortgage Trust                                                   | CUSIP: 23307GAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     550000 | PA      | $530688.46    | 0.09%             | 2030-12-19      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                        | JPMorgan Chase & Co                                                             | CUSIP: 46647PBQ8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    3000000 | PA      | $2943591.03   | 0.50%             | 2024-06-01      | Fixed         | 1.51%                 | No            |                  2 | On Loan: No      |
| MICROCHIP TECHNOLOGY INC                                   | Microchip Technology Inc                                                        | CUSIP: 595017AZ7<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |    1525000 | PA      | $1491343.25   | 0.25%             | 2023-09-01      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| SPRINT SPECTRUM / SPEC I                                   | Sprint Spectrum Co LLC / Sprint Spectrum Co II LLC / Sprint Spectrum Co III LLC | CUSIP: 85208NAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1250000 | PA      | $1234000.48   | 0.21%             | 2025-03-20      | Fixed         | 4.74%                 | No            |                  2 | On Loan: No      |
| Black Diamond CLO Ltd                                      | Black Diamond Clo 2017-1 Ltd                                                    | CUSIP: 09202VAY4<br>LEI: 54930069GUF2V1O4MD77 | Long             | ABS-CBDO         | CORP              | KY        |    2087931 | PA      | $2060635.07   | 0.35%             | 2029-04-24      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES/SKYMILES                                   | Delta Air Lines Inc / SkyMiles IP Ltd                                           | CUSIP: 830867AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    2455000 | PA      | $2391668.22   | 0.40%             | 2025-10-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BX Trust                                                   | BX Trust 2021-ARIA                                                              | CUSIP: 05608RAJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2165000 | PA      | $1975102.00   | 0.33%             | 2036-10-15      | Floating      | 5.77%                 | No            |                  2 | On Loan: No      |
| SPRINT LLC                                                 | Sprint LLC                                                                      | CUSIP: 85207UAK1<br>LEI: 549300ZTTY7CXOLJ6539 | Long             | DBT              | CORP              | US        |    2000000 | PA      | $2103464.00   | 0.35%             | 2026-03-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                                       | Fannie Mae Trust 2003-W6                                                        | CUSIP: 31393BX59<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      33428 | PA      | $36065.96     | 0.01%             | 2042-10-25      | Variable      | 8.42%                 | No            |                  2 | On Loan: No      |
| HUNGARY GOVERNMENT BOND                                    | Hungary Government Bond                                                         | CUSIP: 000000000<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |  350000000 | PA      | $827215.91    | 0.14%             | 2023-08-23      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Service Experts Issuer                                     | Service Experts Issuer 2021-1 LLC                                               | CUSIP: 81758VAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2310853 | PA      | $2096127.51   | 0.35%             | 2032-02-02      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| Firstkey Homes Trust                                       | FirstKey Homes 2021-SFR2 Trust                                                  | CUSIP: 33767TAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2235000 | PA      | $1887463.98   | 0.32%             | 2038-09-17      | Fixed         | 1.61%                 | No            |                  2 | On Loan: No      |
| Affirm Inc                                                 | Affirm Asset Securitization Trust 2021-B                                        | CUSIP: 00834DAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3653000 | PA      | $3443027.75   | 0.58%             | 2026-08-17      | Fixed         | 1.03%                 | No            |                  2 | On Loan: No      |
| Imperial Fund LLC                                          | Imperial Fund Mortgage Trust 2021-NQM3                                          | CUSIP: 452762AA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2653229 | PA      | $2137132.29   | 0.36%             | 2056-11-25      | Variable      | 1.60%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                     | Credit Suisse Group AG                                                          | CUSIP: 225401AQ1<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    3000000 | PA      | $2527153.23   | 0.43%             | 2026-06-05      | Fixed         | 2.19%                 | No            |                  2 | On Loan: No      |
| Achieve Mortgage                                           | FREED Mortgage Trust 2022-HE1                                                   | CUSIP: 35634KAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2805000 | PA      | $2792107.66   | 0.47%             | 2037-10-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Octane Receivables Trust                                   | Octane Receivables Trust 2022-2                                                 | CUSIP: 67578XAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1648974 | PA      | $1626861.31   | 0.27%             | 2028-02-22      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust                     | Santander Drive Auto Receivables Trust 2021-1                                   | CUSIP: 80286NAF3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3791492 | PA      | $3729236.42   | 0.63%             | 2026-02-17      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Mercury Financial Credit Card Master Trust                 | Mercury Financial Credit Card Master Trust                                      | CUSIP: 58940BAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1600000 | PA      | $1517543.68   | 0.26%             | 2026-03-20      | Fixed         | 1.54%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                 | Fannie Mae REMICS                                                               | CUSIP: 31397UFA2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     108150 | PA      | $106204.95    | 0.02%             | 2026-06-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| MANUF & TRADERS TRUST CO                                   | Manufacturers & Traders Trust Co                                                | CUSIP: 55279HAT7<br>LEI: WWB2V0FCW3A0EE3ZJN75 | Long             | DBT              | CORP              | US        |     850000 | PA      | $853951.20    | 0.14%             | 2025-11-21      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                 | Fannie Mae REMICS                                                               | CUSIP: 31393BE50<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       4124 | PA      | $4110.73      | 0.00%             | 2023-05-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ALLIED WORLD ASSURANCE                                     | Allied World Assurance Co Holdings Ltd                                          | CUSIP: 01959EAC2<br>LEI: 549300E2X3MLXVVR4T40 | Long             | DBT              | CORP              | BM        |    2880000 | PA      | $2765194.13   | 0.47%             | 2025-10-29      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| MFRA Trust                                                 | MFA 2020-NQM1 Trust                                                             | CUSIP: 552754AB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     586023 | PA      | $553784.97    | 0.09%             | 2049-08-25      | Variable      | 1.79%                 | No            |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortgage Loan Trust                | MF1 2022-FL8 Ltd                                                                | CUSIP: 55284JAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    3800000 | PA      | $3604996.16   | 0.61%             | 2037-02-19      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital CLO LTD                                  | Anchorage Capital CLO 6 Ltd                                                     | CUSIP: 03328QBC4<br>LEI: 54930064GO7DB3TVDY21 | Long             | ABS-CBDO         | CORP              | KY        |    4000000 | PA      | $3895924.00   | 0.66%             | 2030-07-15      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| SEC LENDING CASH INVST LLC                                 | SEC LENDING CASH INVST LLC                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |    2424000 | NS      | $2424000.00   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Internac del Peru                                    | Banco Internacional del Peru SAA Interbank                                      | CUSIP: 05968DAB6<br>LEI: 5493001TRCGXJLRLHN14 | Long             | DBT              | CORP              | PE        |    1305000 | PA      | $1299825.68   | 0.22%             | 2023-01-18      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                     | United States Treasury Note/Bond                                                | CUSIP: 91282CEH0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    1240000 | PA      | $1194759.37   | 0.20%             | 2025-04-15      | Fixed         | 2.63%                 | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank, NA - CACLN                            | JPMorgan Chase Bank NA - CACLN                                                  | CUSIP: 46591HAN0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     967102 | PA      | $949849.06    | 0.16%             | 2028-01-25      | Fixed         | 0.99%                 | No            |                  2 | On Loan: No      |
| CENTRAL AMERICAN BANK                                      | Central American Bank for Economic Integration                                  | CUSIP: 15238PAG1<br>LEI: 549300OLDAMXBPSHIC05 | Long             | DBT              | NUSS              | XX        |    2500000 | PA      | $2206000.00   | 0.37%             | 2026-02-09      | Fixed         | 1.14%                 | No            |                  2 | On Loan: No      |
| Dell Equipment Finance Trust                               | Dell Equipment Finance Trust 2020-1                                             | CUSIP: 24703NAF6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     918000 | PA      | $917975.12    | 0.15%             | 2026-03-23      | Fixed         | 5.92%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                                    | Fannie Mae Grantor Trust 2002-T12                                               | CUSIP: 31392D7H9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     337303 | PA      | $354644.96    | 0.06%             | 2042-05-25      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                 | Fannie Mae Pool                                                                 | CUSIP: 3140JBE69<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     264879 | PA      | $269099.76    | 0.05%             | 2044-07-01      | Floating      | 3.41%                 | No            |                  2 | On Loan: No      |
| Dominos Pizza Master Issuer LLC                            | Domino's Pizza Master Issuer LLC                                                | CUSIP: 25755TAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3102000 | PA      | $2947213.30   | 0.50%             | 2045-10-25      | Fixed         | 4.47%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                | Freddie Mac REMICS                                                              | CUSIP: 3137GAG35<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     102306 | PA      | $100214.38    | 0.02%             | 2025-10-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                                  | Towd Point Mortgage Trust 2019-MH1                                              | CUSIP: 89177WAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     210357 | PA      | $205607.51    | 0.03%             | 2058-11-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Octane Receivables Trust                                   | Octane Receivables Trust 2020-1                                                 | CUSIP: 67592LAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     433900 | PA      | $428744.22    | 0.07%             | 2025-02-20      | Fixed         | 1.71%                 | No            |                  2 | On Loan: No      |
| Ajax Mortgage Loan Trust                                   | Ajax Mortgage Loan Trust 2021-E                                                 | CUSIP: 009740AA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3140176 | PA      | $2647976.02   | 0.45%             | 2060-12-25      | Variable      | 1.74%                 | No            |                  2 | On Loan: No      |
| CPS Auto Trust                                             | CPS Auto Receivables Trust 2020-A                                               | CUSIP: 12597JAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3215961 | PA      | $3183309.13   | 0.54%             | 2025-12-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| STELLANTIS NV                                              | Stellantis NV                                                                   | CUSIP: 31562QAF4<br>LEI: 549300LKT9PW7ZIBDF31 | Long             | DBT              | CORP              | NL        |     250000 | PA      | $249040.00    | 0.04%             | 2023-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust              | J.P. Morgan Chase Commercial Mortgage Securities Trust 2018-PHH                 | CUSIP: 46650FAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     566915 | PA      | $517092.46    | 0.09%             | 2035-06-15      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                     | US 10YR NOTE (CBT)MAR23                                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |        -39 | NC      | $-6791.30     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| FHLMC Structured Pass Through Securities                   | Freddie Mac Structured Pass-Through Certificates                                | CUSIP: 31394PPV9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     529113 | PA      | $411541.76    | 0.07%             | 2043-10-25      | Variable      | 3.49%                 | No            |                  2 | On Loan: No      |
| GUARDIAN LIFE GLOB FUND                                    | Guardian Life Global Funding                                                    | CUSIP: 40139LBG7<br>LEI: 635400NHILJ5JEKILC36 | Long             | DBT              | CORP              | US        |    2815000 | PA      | $2895993.63   | 0.49%             | 2027-10-28      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                               | GS Mortgage Securities Trust 2014-GC22                                          | CUSIP: 36253BAS2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1233338 | PA      | $1231547.16   | 0.21%             | 2047-06-10      | Fixed         | 3.52%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                                   | JP Morgan Mortgage Trust 2020-2                                                 | CUSIP: 46591TAP9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1042588 | PA      | $911894.90    | 0.15%             | 2050-07-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| ALLSPRING GOVERNMENT MONEY MAR                             | ALLSPRING GOVERNMENT MONEY MAR                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   35918594 | NS      | $35918593.62  | 6.05%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                                             | Morgan Stanley                                                                  | CUSIP: 61772BAA1<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    2000000 | PA      | $1960306.42   | 0.33%             | 2024-04-05      | Fixed         | 0.73%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                   | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                       | CUSIP: 00774MAU9<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    2500000 | PA      | $2300414.28   | 0.39%             | 2024-10-29      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                       | Bank of America Corp                                                            | CUSIP: 06051GKE8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    2500000 | PA      | $2296185.48   | 0.39%             | 2025-12-06      | Fixed         | 1.53%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables Trust                        | Exeter Automobile Receivables Trust 2021-3                                      | CUSIP: 30166AAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1800000 | PA      | $1688048.82   | 0.28%             | 2026-10-15      | Fixed         | 0.96%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                     | United States Treasury Note/Bond                                                | CUSIP: 91282CEX5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    1720000 | PA      | $1679418.75   | 0.28%             | 2024-06-30      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Venture CDO Ltd                                            | Venture XXIX CLO Ltd                                                            | CUSIP: 92331EAF3<br>LEI: 549300ITFR7G25007V93 | Long             | ABS-CBDO         | CORP              | KY        |    2500000 | PA      | $2444903.35   | 0.41%             | 2030-09-07      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                | Freddie Mac Non Gold Pool                                                       | CUSIP: 31336RVQ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       1704 | PA      | $1672.83      | 0.00%             | 2031-09-01      | Floating      | 4.16%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                               | CSMC 2021-AFC1 Trust                                                            | CUSIP: 12657LAB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1456350 | PA      | $1118676.35   | 0.19%             | 2056-03-25      | Variable      | 1.07%                 | No            |                  2 | On Loan: No      |
| NATWEST MARKETS PLC                                        | NatWest Markets PLC                                                             | CUSIP: 63906YAA6<br>LEI: RR3QWICWWIPCS8A4S074 | Long             | DBT              | CORP              | GB        |    1375000 | PA      | $1351923.06   | 0.23%             | 2023-05-21      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                      | Athene Global Funding                                                           | CUSIP: 000000000<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    2000000 | PA      | $1780491.66   | 0.30%             | 2026-09-10      | Fixed         | 0.37%                 | Yes           |                  2 | On Loan: No      |
| SLM Student Loan Trust                                     | SLM Student Loan Trust 2013-1                                                   | CUSIP: 78447MAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     657404 | PA      | $634411.15    | 0.11%             | 2055-05-26      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| Gray Television, Inc.                                      | Gray Television, Inc. 2017 Term Loan B                                          | CUSIP: 389376AX2<br>LEI: 529900TM5726KDN7UU35 | Long             | LON              | CORP              | US        |    1159700 | PA      | $1156801.08   | 0.19%             | 2024-02-07      | Floating      | 6.27%                 | No            |                  2 | On Loan: No      |
| CAJUN GLOBAL LLC                                           | Cajun Global LLC                                                                | CUSIP: 12803VAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     985000 | PA      | $831955.63    | 0.14%             | 2051-11-20      | Fixed         | 3.93%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                     | United States Treasury Note/Bond                                                | CUSIP: 91282CFK2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    1690000 | PA      | $1662801.56   | 0.28%             | 2025-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust              | JP Morgan Chase Commercial Mortgage Securities Trust 2013-LC11                  | CUSIP: 46639YAP2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      10839 | PA      | $10755.15     | 0.00%             | 2046-04-15      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                     | General Motors Financial Co Inc                                                 | CUSIP: 37045XDZ6<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    2615000 | PA      | $2637862.66   | 0.44%             | 2025-10-10      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Wilshire Funding Corporation                               | Wilshire Funding Corp                                                           | CUSIP: 126342FX7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      30839 | PA      | $30142.24     | 0.01%             | 2032-08-25      | Variable      | 7.51%                 | No            |                  2 | On Loan: No      |
| MED Trust                                                  | Med Trust 2021-MDLN                                                             | CUSIP: 58403YAK2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3000000 | PA      | $2834599.80   | 0.48%             | 2038-11-15      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| Cascade Funding Mortgage Trust                             | Cascade Funding Mortgage Trust 2018-RM2                                         | CUSIP: 14727QAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     215775 | PA      | $207010.15    | 0.03%             | 2068-10-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                    | BPCE SA                                                                         | CUSIP: 05578AE46<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    2560000 | PA      | $2492687.36   | 0.42%             | 2027-07-19      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| Jonah Energy LLC                                           | Jonah Energy Abs I LLC                                                          | CUSIP: 47987EAC1<br>LEI: 2549003KXV9PPFRCPA79 | Long             | ABS-O            | CORP              | US        |    2780000 | PA      | $2760527.21   | 0.47%             | 2037-12-10      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| Ondeck Asset Securitization Trust LLC                      | OnDeck Asset Securitization Trust III LLC                                       | CUSIP: 68236WAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2855000 | PA      | $2595535.60   | 0.44%             | 2027-05-17      | Fixed         | 1.59%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                | Freddie Mac Non Gold Pool                                                       | CUSIP: 31348UC98<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       3785 | PA      | $3741.83      | 0.00%             | 2026-05-01      | Floating      | 3.41%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC                        | PURCHASED USD / SOLD ZAR                                                        | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | US        |          1 | NC      | $-33109.66    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                                       | Fannie Mae Trust 2006-W1                                                        | CUSIP: 31395B5P4<br>LEI: 5493001NEANKKEPIN618 | Long             | ABS-MBS          | USGSE             | US        |     592092 | PA      | $584785.58    | 0.10%             | 2046-02-25      | Floating      | 4.21%                 | No            |                  2 | On Loan: No      |
| EVERGY MISSOURI WEST INC                                   | Evergy Missouri West Inc                                                        | CUSIP: 30037FAA8<br>LEI: EZIFUDC0VSUS6T6LCG85 | Long             | DBT              | CORP              | US        |    2500000 | PA      | $2508711.30   | 0.42%             | 2027-12-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| BP CAPITAL MARKETS PLC                                     | BP Capital Markets PLC                                                          | CUSIP: 05565QDU9<br>LEI: 549300CRVT18MXX0AG93 | Long             | DBT              | CORP              | GB        |    3000000 | PA      | $2853750.00   | 0.48%             | 2025-06-22      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Marlette Funding Trust                                     | Marlette Funding Trust 2021-2                                                   | CUSIP: 57108TAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4000000 | PA      | $3879102.00   | 0.65%             | 2031-09-15      | Fixed         | 1.06%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                         | Energy Transfer LP                                                              | CUSIP: 29273RAS8<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    1188000 | PA      | $1184231.20   | 0.20%             | 2023-02-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                       | Bank of America Corp                                                            | CUSIP: 06051GJQ3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    2370000 | PA      | $2100051.34   | 0.35%             | 2027-03-11      | Fixed         | 1.66%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                           | CIFC Funding 2017-II Ltd                                                        | CUSIP: 12550YAS3<br>LEI: 2549005S1LQJ8MBPXW05 | Long             | ABS-CBDO         | CORP              | KY        |    1250000 | PA      | $1180493.75   | 0.20%             | 2030-04-20      | Floating      | 6.09%                 | No            |                  2 | On Loan: No      |
| Freedom Financial                                          | Freed ABS Trust 2020-1CP                                                        | CUSIP: 35635BAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     277250 | PA      | $274407.92    | 0.05%             | 2028-03-20      | Fixed         | 1.41%                 | No            |                  2 | On Loan: No      |
| Tidewater Auto Receivables Trust                           | Tidewater Auto Receivables Trust 2018-A                                         | CUSIP: 88642MAE0<br>LEI: 549300045J2AQZL8DT48 | Long             | ABS-O            | CORP              | US        |     210237 | PA      | $209881.26    | 0.04%             | 2024-11-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                                       | Fannie Mae Trust 2003-W6                                                        | CUSIP: 31393BW76<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     274245 | PA      | $263027.90    | 0.04%             | 2042-08-25      | Variable      | 3.57%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                       | Las Vegas Sands Corp                                                            | CUSIP: 517834AG2<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    2155000 | PA      | $2059238.98   | 0.35%             | 2024-08-08      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                        | COMM 2015-DC1 Mortgage Trust                                                    | CUSIP: 12629NAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     187803 | PA      | $187541.37    | 0.03%             | 2048-02-10      | Fixed         | 3.22%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL                                   | Penske Truck Leasing Co Lp / PTL Finance Corp                                   | CUSIP: 709599BN3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2000000 | PA      | $1902600.06   | 0.32%             | 2027-07-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| DAE FUNDING LLC                                            | DAE Funding LLC                                                                 | CUSIP: 23371DAF1<br>LEI: 635400SZTPQL3Y1P2C76 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $927730.00    | 0.16%             | 2025-03-20      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| GCAT                                                       | GCAT 2021-NQM1 Trust                                                            | CUSIP: 36167TAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1270176 | PA      | $1069200.42   | 0.18%             | 2066-01-25      | Variable      | 0.87%                 | No            |                  2 | On Loan: No      |
| Indiana Secondary Market for Education Loans Inc           | INDIANA ST SECONDARY MARKET FOR EDU LOANS INC                                   | CUSIP: 45505HAT4<br>LEI: 549300M19IK303TD4597 | Long             | DBT              | MUN               | US        |     946852 | PA      | $945424.70    | 0.16%             | 2044-02-25      | Floating      | 1.47%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                                     | Santander Holdings USA Inc                                                      | CUSIP: 80282KBE5<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |    1250000 | PA      | $1244575.84   | 0.21%             | 2026-09-09      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| FED CAISSES DESJARDINS                                     | Federation des Caisses Desjardins du Quebec                                     | CUSIP: 31429KAG8<br>LEI: 549300B2Q47IR0CR5B54 | Long             | DBT              | CORP              | CA        |    3000000 | PA      | $2929752.12   | 0.49%             | 2025-08-23      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                          | HSBC Holdings PLC                                                               | CUSIP: 404280DG1<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    2400000 | PA      | $2315949.22   | 0.39%             | 2028-08-11      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                     | United States Treasury Note/Bond                                                | CUSIP: 91282CER8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   15000000 | PA      | $14548242.15  | 2.45%             | 2024-05-31      | Fixed         | 2.50%                 | No            |                  1 | On Loan: No      |
| PLAINS ALL AMER PIPELINE                                   | Plains All American Pipeline LP / PAA Finance Corp                              | CUSIP: 72650RBJ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     758000 | PA      | $746318.04    | 0.13%             | 2025-10-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                                 | Verus Securitization Trust 2021-8                                               | CUSIP: 92538GAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2133156 | PA      | $1772531.19   | 0.30%             | 2066-11-25      | Variable      | 2.29%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                 | Fannie Mae Pool                                                                 | CUSIP: 31385H5V0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      22544 | PA      | $22109.10     | 0.00%             | 2031-11-01      | Floating      | 4.32%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC                        | PURCHASED USD / SOLD EUR                                                        | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | US        |          1 | NC      | $-53122.09    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                                 | Verus Securitization Trust 2021-R3                                              | CUSIP: 92538EAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1068949 | PA      | $921717.70    | 0.16%             | 2064-04-25      | Variable      | 1.02%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                 | Fannie Mae Pool                                                                 | CUSIP: 31414SCF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      60765 | PA      | $59339.72     | 0.01%             | 2034-08-01      | Floating      | 1.65%                 | No            |                  2 | On Loan: No      |
| BUNDESOBLIGATION                                           | Bundesobligation                                                                | CUSIP: 000000000<br>LEI: 529900AQBND3S6YJLY83 | Long             | DBT              | NUSS              | DE        |    6000000 | PA      | $6056242.35   | 1.02%             | 2027-10-15      | Fixed         | 1.30%                 | Yes           |                  2 | On Loan: No      |
| SBA Tower Trust                                            | SBA Tower Trust                                                                 | CUSIP: 78403DAM2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2335000 | PA      | $2335000.00   | 0.39%             | 2023-03-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| State Street Institutional US Government Money Market Fund | State Street Institutional US Government Money Market Fund                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    2418000 | NS      | $2418000.00   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                    | Hyundai Capital America                                                         | CUSIP: 44891ABS5<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    1115000 | PA      | $969447.90    | 0.16%             | 2026-01-08      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                                   | Angel Oak Mortgage Trust 2020-4                                                 | CUSIP: 03464LAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     454390 | PA      | $409612.27    | 0.07%             | 2065-06-25      | Variable      | 1.47%                 | No            |                  2 | On Loan: No      |
| Golden National MTGE Asset Backed Certificates             | Merrill Lynch Mor Inv Golden National Mor Ln As Bk Cer 1998-gn1                 | CUSIP: 589929PL6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      34322 | PA      | $33287.97     | 0.01%             | 2027-02-25      | Fixed         | 8.02%                 | No            |                  2 | On Loan: No      |
| Brean Asset Backed Securities Trust                        | Brean Asset Backed Securities Trust 2021-RM2                                    | CUSIP: 10638MAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1743089 | PA      | $1516924.67   | 0.26%             | 2061-10-25      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                    | Royal Caribbean Cruises Ltd                                                     | CUSIP: 780153BB7<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     500000 | PA      | $523750.00    | 0.09%             | 2023-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BANQUE FED CRED MUTUEL                                     | Banque Federative du Credit Mutuel SA                                           | CUSIP: 06675DCD2<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |    3000000 | PA      | $2951721.72   | 0.50%             | 2025-07-13      | Fixed         | 4.52%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                                    | Starwood Property Trust Inc                                                     | CUSIP: 85571BAW5<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |      65000 | PA      | $61425.00     | 0.01%             | 2024-12-31      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                        | JPMorgan Chase & Co                                                             | CUSIP: 46647PCH7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1220000 | PA      | $1134588.43   | 0.19%             | 2025-06-01      | Fixed         | 0.82%                 | No            |                  2 | On Loan: No      |
| Residential Mortgage Loan Trust                            | Residential Mortgage Loan Trust 2021-1R                                         | CUSIP: 76090NAB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     327336 | PA      | $299684.94    | 0.05%             | 2065-01-25      | Variable      | 1.10%                 | No            |                  2 | On Loan: No      |
| Sound Point CLO LTD                                        | SOUND POINT CLO VIII-R LTD                                                      | CUSIP: 83607HAN5<br>LEI: 549300RPMX5HA435Q562 | Long             | ABS-CBDO         | CORP              | KY        |    2660000 | PA      | $2517426.66   | 0.42%             | 2030-04-15      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                                   | 1011778 BC ULC / New Red Finance Inc                                            | CUSIP: 68245XAK5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    2000000 | PA      | $2005000.00   | 0.34%             | 2025-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HGI CRE CLO Ltd                                            | HGI CRE CLO 2021-FL2 Ltd                                                        | CUSIP: 40390JAE2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    1000000 | PA      | $929274.20    | 0.16%             | 2036-09-17      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD                                   | Avolon Holdings Funding Ltd                                                     | CUSIP: 05401AAR2<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |     862000 | PA      | $697224.39    | 0.12%             | 2027-11-18      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                     | Philip Morris International Inc                                                 | CUSIP: 718172CV9<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    3000000 | PA      | $3006342.93   | 0.51%             | 2027-11-17      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Towd Point Asset Trust 2018-SL1                            | Towd Point Asset Trust 2018-SL1                                                 | CUSIP: 89174UAA4<br>LEI: 54930022FYEFQVX02P24 | Long             | ABS-O            | CORP              | US        |     506310 | PA      | $502848.41    | 0.08%             | 2046-01-25      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                 | Fannie Mae REMICS                                                               | CUSIP: 31398FS85<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      35951 | PA      | $35634.73     | 0.01%             | 2037-08-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                | Freddie Mac Non Gold Pool                                                       | CUSIP: 31347AFY5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      81520 | PA      | $81946.83     | 0.01%             | 2038-04-01      | Floating      | 2.90%                 | No            |                  2 | On Loan: No      |
| Zais CLO 6 LTD                                             | Zais Clo 6 Ltd                                                                  | CUSIP: 98887TAS7<br>LEI: 549300ZPQFDVEE67IB71 | Long             | ABS-CBDO         | CORP              | KY        |    2050000 | PA      | $1952813.60   | 0.33%             | 2029-07-15      | Floating      | 6.73%                 | No            |                  2 | On Loan: No      |
| Oceanview Trust 2021-EBO1                                  | Oceanview Trust 2021-EBO1                                                       | CUSIP: 67647NAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     666879 | PA      | $646870.70    | 0.11%             | 2051-12-29      | Fixed         | 1.22%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                             | Pagaya AI Debt Selection Trust 2021-HG1                                         | CUSIP: 69547PAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2205956 | PA      | $2074612.03   | 0.35%             | 2029-01-16      | Fixed         | 1.22%                 | No            |                  2 | On Loan: No      |
| QVC Inc                                                    | QVC Inc                                                                         | CUSIP: 747262AS2<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |    2000000 | PA      | $1904210.00   | 0.32%             | 2024-04-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Russell Investments US Inst'l Holdco, Inc.                 | Russell Investments US Inst'l Holdco, Inc. 2020 Term Loan                       | CUSIP: 78249LAD2<br>LEI: 5493008YG7V0FQCJQI74 | Long             | LON              | CORP              | US        |     991610 | PA      | $929634.17    | 0.16%             | 2025-05-30      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| CONTI-GUMMI FINANCE B.V.                                   | Conti-Gummi Finance BV                                                          | CUSIP: 000000000<br>LEI: 7245005XLGUQL4UWDV24 | Long             | DBT              | CORP              | NL        |    2000000 | PA      | $2006397.61   | 0.34%             | 2024-09-25      | Fixed         | 1.13%                 | Yes           |                  2 | On Loan: No      |
| Cascade Funding Mortgage Trust                             | CFMT 2020-HB4 LLC                                                               | CUSIP: 12529LAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1992978 | PA      | $1925475.95   | 0.32%             | 2030-12-26      | Variable      | 0.95%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                           | CIFC Funding 2018-I Ltd                                                         | CUSIP: 12551RAA6<br>LEI: 635400VBVF8AYJQBI411 | Long             | ABS-CBDO         | CORP              | KY        |    4000000 | PA      | $3912458.88   | 0.66%             | 2031-04-18      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                     | United States Treasury Note/Bond                                                | CUSIP: 91282CFH9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    1155000 | PA      | $1119718.35   | 0.19%             | 2027-08-31      | Fixed         | 3.13%                 | No            |                  1 | On Loan: No      |
| FS Rialto Issuer Ltd                                       | FS Rialto 2021-FL3                                                              | CUSIP: 30323CAE0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    2000000 | PA      | $1878750.60   | 0.32%             | 2036-11-16      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                                  | Towd Point Mortgage Trust 2017-1                                                | CUSIP: 89173FAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     431604 | PA      | $423441.94    | 0.07%             | 2056-10-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                | Freddie Mac REMICS                                                              | CUSIP: 31393VVL2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      10881 | PA      | $10826.07     | 0.00%             | 2023-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                     | United States Treasury Note/Bond                                                | CUSIP: 91282CBC4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    2720000 | PA      | $2435143.76   | 0.41%             | 2025-12-31      | Fixed         | 0.38%                 | No            |                  1 | On Loan: No      |
| DT Auto Owner Trust                                        | DT Auto Owner Trust 2020-2                                                      | CUSIP: 23343RAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1728463 | PA      | $1708536.18   | 0.29%             | 2026-03-16      | Fixed         | 3.28%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC                   | Avis Budget Rental Car Funding AESOP LLC                                        | CUSIP: 05377RDL5<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    4330000 | PA      | $4155612.71   | 0.70%             | 2025-09-22      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| GTP ACQUISITION PARTNERS                                   | GTP Acquisition Partners I LLC                                                  | CUSIP: 36246MAU3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1900000 | PA      | $1792494.20   | 0.30%             | 2025-06-16      | Fixed         | 3.48%                 | No            |                  2 | On Loan: No      |
| Starwood Mortgage Residential Trust                        | Starwood Mortgage Residential Trust 2020-1                                      | CUSIP: 85573AAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1378016 | PA      | $1309534.33   | 0.22%             | 2050-02-25      | Variable      | 2.56%                 | No            |                  2 | On Loan: No      |
| Wilshire Funding Corporation                               | Wilshire Funding Corp                                                           | CUSIP: 22540AGU6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       4543 | PA      | $4448.89      | 0.00%             | 2037-12-28      | Floating      | 3.10%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY INC                                     | CenterPoint Energy Inc                                                          | CUSIP: 15189TAZ0<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |     680000 | PA      | $670241.42    | 0.11%             | 2024-05-13      | Floating      | 4.47%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMER PIPELINE                                   | Plains All American Pipeline LP / PAA Finance Corp                              | CUSIP: 72650RBD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2205000 | PA      | $2175490.66   | 0.37%             | 2023-10-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| CSC Holdings, LLC                                          | CSC Holdings, LLC 2017 Term Loan B1                                             | CUSIP: 64072UAE2<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | LON              | CORP              | US        |    1953488 | PA      | $1867534.87   | 0.31%             | 2025-07-17      | Floating      | 6.12%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust                            | BRAVO Residential Funding Trust 2021-HE2                                        | CUSIP: 10569CAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2263195 | PA      | $2232311.11   | 0.38%             | 2069-11-25      | Floating      | 4.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                 | Fannie Mae REMICS                                                               | CUSIP: 31398MJ98<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     190613 | PA      | $188779.46    | 0.03%             | 2035-05-25      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                        | New Residential Mortgage Loan Trust 2019-6                                      | CUSIP: 64828GAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1159184 | PA      | $1060981.29   | 0.18%             | 2059-09-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| EQUITABLE FINANCIAL LIFE                                   | Equitable Financial Life Global Funding                                         | CUSIP: 29449WAP2<br>LEI: 635400B4JJBON4TCHF02 | Long             | DBT              | CORP              | US        |    3080000 | PA      | $3095267.78   | 0.52%             | 2025-12-02      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTL NV                                       | Enel Finance International NV                                                   | CUSIP: 29278GAZ1<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |    1655000 | PA      | $1713786.74   | 0.29%             | 2025-10-14      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| MACQUARIE GROUP LTD                                        | Macquarie Group Ltd                                                             | CUSIP: 55608JAR9<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | CORP              | AU        |    1885000 | PA      | $1629853.79   | 0.27%             | 2027-01-12      | Fixed         | 1.34%                 | No            |                  2 | On Loan: No      |
| ANZ NEW ZEALAND INTL/LDN                                   | ANZ New Zealand Int'l Ltd/London                                                | CUSIP: 00182EBL2<br>LEI: 213800VD256NU2D97H12 | Long             | DBT              | CORP              | NZ        |    2200000 | PA      | $2187168.06   | 0.37%             | 2023-02-13      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                     | United States Treasury Note/Bond                                                | CUSIP: 91282CEU1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    2470000 | PA      | $2393584.38   | 0.40%             | 2025-06-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Cascade Funding Mortgage Trust                             | CFMT 2021-AL1 LLC                                                               | CUSIP: 12529UAF7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1626198 | PA      | $1532071.77   | 0.26%             | 2031-09-22      | Fixed         | 1.39%                 | No            |                  2 | On Loan: No      |
| SYNGENTA FINANCE NV                                        | Syngenta Finance NV                                                             | CUSIP: 87164KAH7<br>LEI: 54930042S3BYCEGOCN86 | Long             | DBT              | CORP              | NL        |    2000000 | PA      | $1986101.18   | 0.33%             | 2023-04-24      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| New York Mortgage Trust                                    | NYMT Loan Trust 2022-CP1                                                        | CUSIP: 62955VAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2786272 | PA      | $2477977.87   | 0.42%             | 2061-07-25      | Fixed         | 2.04%                 | No            |                  2 | On Loan: No      |
| GSMPS Mortgage Loan Trust                                  | GSMPS Mortgage Loan Trust                                                       | CUSIP: 36228FAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     105960 | PA      | $98516.85     | 0.02%             | 2027-09-19      | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| Firstkey Homes Trust                                       | FirstKey Homes 2021-SFR1 Trust                                                  | CUSIP: 33767WAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1835000 | PA      | $1524213.21   | 0.26%             | 2038-08-17      | Fixed         | 1.89%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                                  | Towd Point Mortgage Trust 2019-4                                                | CUSIP: 89178BAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     933930 | PA      | $859641.59    | 0.14%             | 2059-10-25      | Variable      | 2.90%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                                     | SLM Student Loan Trust 2003-10                                                  | CUSIP: 78442GJH0<br>LEI: 5493000NQN5E3MSIIG77 | Long             | ABS-O            | CORP              | US        |    2285254 | PA      | $2138375.75   | 0.36%             | 2068-12-17      | Floating      | 3.96%                 | No            |                  2 | On Loan: No      |
| Octane Receivables Trust                                   | Octane Receivables Trust 2021-1                                                 | CUSIP: 67571AAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     671230 | PA      | $646865.68    | 0.11%             | 2027-03-22      | Fixed         | 0.93%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                 | Fannie Mae REMICS                                                               | CUSIP: 31394FN92<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     107227 | PA      | $108344.17    | 0.02%             | 2035-10-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| KYNDRYL HOLDINGS INC                                       | Kyndryl Holdings Inc                                                            | CUSIP: 50155QAJ9<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | DBT              | CORP              | US        |    2150000 | PA      | $1759040.84   | 0.30%             | 2026-10-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                   | Ford Motor Credit Co LLC                                                        | CUSIP: 345397B85<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    2000000 | PA      | $1835000.00   | 0.31%             | 2025-02-10      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                 | Fannie Mae Pool                                                                 | CUSIP: 31373TAG5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       8359 | PA      | $8346.94      | 0.00%             | 2024-11-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                               | UBS Group AG                                                                    | CUSIP: 902613AH1<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    2000000 | PA      | $1718569.84   | 0.29%             | 2027-08-10      | Fixed         | 1.49%                 | No            |                  2 | On Loan: No      |
| PROSUS NV                                                  | Prosus NV                                                                       | CUSIP: 74365PAG3<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |    3000000 | PA      | $2638052.22   | 0.44%             | 2027-01-19      | Fixed         | 3.26%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                | Freddie Mac Non Gold Pool                                                       | CUSIP: 31295NJR0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      15622 | PA      | $15392.25     | 0.00%             | 2032-04-01      | Floating      | 3.25%                 | No            |                  2 | On Loan: No      |
| Eurex Deutschland                                          | EURO-BOBL FUTURE DEC22                                                          | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              |  | DE        |        -49 | NC      | $99597.29     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                                             | Morgan Stanley                                                                  | CUSIP: 6174468Q5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    2305000 | PA      | $2144089.45   | 0.36%             | 2026-04-28      | Fixed         | 2.19%                 | No            |                  2 | On Loan: No      |
| DANSKE BANK A/S                                            | Danske Bank A/S                                                                 | CUSIP: 23636ABA8<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |    2000000 | PA      | $1812134.76   | 0.31%             | 2025-09-10      | Fixed         | 0.98%                 | No            |                  2 | On Loan: No      |
| LETRA TESOURO NACIONAL                                     | Brazil Letras do Tesouro Nacional                                               | CUSIP: 000000000<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |   17000000 | PA      | $2846310.42   | 0.48%             | 2024-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                                           | Altria Group Inc                                                                | CUSIP: 02209SAX1<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |    1515000 | PA      | $1508513.60   | 0.25%             | 2025-06-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                        | JPMorgan Chase & Co                                                             | CUSIP: 46647PBW5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     835000 | PA      | $727685.19    | 0.12%             | 2027-02-04      | Fixed         | 1.04%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                     | US 2YR NOTE (CBT) MAR23                                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       1111 | NC      | $545001.05    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| SANTANDER HOLDINGS USA                                     | Santander Holdings USA Inc                                                      | CUSIP: 80282KBD7<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |     800000 | PA      | $774310.48    | 0.13%             | 2025-06-09      | Fixed         | 4.26%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                 | Fannie Mae Pool                                                                 | CUSIP: 31387Y5U3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     118182 | PA      | $122750.19    | 0.02%             | 2031-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                                    | Fannie Mae Grantor Trust 2002-T1                                                | CUSIP: 31392A7D4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      16586 | PA      | $18279.95     | 0.00%             | 2031-11-25      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                     | US 5YR NOTE (CBT) MAR23                                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       -199 | NC      | $-71304.09    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Voya CLO Ltd                                               | Voya CLO 2017-1 Ltd                                                             | CUSIP: 92916MAH4<br>LEI: 54930054YW6PM1FPVU95 | Long             | ABS-CBDO         | CORP              | KY        |    2500000 | PA      | $2330717.50   | 0.39%             | 2030-04-17      | Floating      | 5.98%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                              | Citigroup Inc                                                                   | CUSIP: 172967NG2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    2500000 | PA      | $2271597.33   | 0.38%             | 2028-02-24      | Fixed         | 3.07%                 | No            |                  2 | On Loan: No      |
| Mission Lane Credit Card Master Trust                      | Mission Lane Credit Card Master Trust                                           | CUSIP: 60510MAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3000000 | PA      | $2887877.70   | 0.49%             | 2026-09-15      | Fixed         | 1.59%                 | No            |                  2 | On Loan: No      |
| Range Resources Corp                                       | Range Resources Corp                                                            | CUSIP: 75281ABA6<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | DBT              | CORP              | US        |    2000000 | PA      | $1990000.00   | 0.34%             | 2023-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sound Point CLO LTD                                        | SOUND POINT CLO VIII-R LTD                                                      | CUSIP: 83607HAL9<br>LEI: 549300RPMX5HA435Q562 | Long             | ABS-CBDO         | CORP              | KY        |     895000 | PA      | $877177.87    | 0.15%             | 2030-04-15      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                   | Government National Mortgage Association                                        | CUSIP: 38374K2T9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      25353 | PA      | $25018.07     | 0.00%             | 2035-04-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                                         | Credit Agricole SA                                                              | CUSIP: 000000000<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    2500000 | PA      | $2433911.49   | 0.41%             | 2026-04-22      | Fixed         | 1.00%                 | Yes           |                  2 | On Loan: No      |
| GENTING NY LLC/GENNY CAP                                   | Genting New York LLC / GENNY Capital Inc                                        | CUSIP: 37255JAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1080000 | PA      | $962970.31    | 0.16%             | 2026-02-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| MASTR Adjustable Rate Mortgages Trust                      | MASTR Adjustable Rate Mortgages Trust 2002-3                                    | CUSIP: 576433BM7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |        823 | PA      | $768.37       | 0.00%             | 2032-10-25      | Variable      | 2.83%                 | No            |                  2 | On Loan: No      |
| Imperial Fund LLC                                          | Imperial Fund Mortgage Trust 2022-NQM3                                          | CUSIP: 45276KAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4005000 | PA      | $3289942.49   | 0.55%             | 2067-05-25      | Variable      | 4.46%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                    | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GYM0<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    3000000 | PA      | $2626330.50   | 0.44%             | 2027-10-21      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                             | Morgan Stanley                                                                  | CUSIP: 61747YEG6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    2000000 | PA      | $1829463.74   | 0.31%             | 2025-10-21      | Fixed         | 1.16%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                | Freddie Mac Non Gold Pool                                                       | CUSIP: 31295KSL9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |        147 | PA      | $144.66       | 0.00%             | 2029-07-01      | Floating      | 3.53%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                          | HSBC Holdings PLC                                                               | CUSIP: 404280CX5<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    1760000 | PA      | $1517032.04   | 0.26%             | 2027-11-22      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                     | United States Treasury Note/Bond                                                | CUSIP: 91282CDS7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    6740000 | PA      | $6305322.64   | 1.06%             | 2025-01-15      | Fixed         | 1.13%                 | No            |                  1 | On Loan: No      |
| FHLMC Structured Pass Through Securities                   | Freddie Mac Structured Pass-Through Certificates                                | CUSIP: 31394JDB0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      50106 | PA      | $46656.48     | 0.01%             | 2043-07-25      | Variable      | 3.59%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                                 | Verus Securitization Trust 2021-R1                                              | CUSIP: 92538BAB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     137544 | PA      | $119287.43    | 0.02%             | 2063-10-25      | Variable      | 1.06%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                        | JPMorgan Chase & Co                                                             | CUSIP: 46647PCM6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    2000000 | PA      | $1845174.32   | 0.31%             | 2025-08-09      | Fixed         | 0.77%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                | Freddie Mac REMICS                                                              | CUSIP: 31393NTQ2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      10270 | PA      | $10287.36     | 0.00%             | 2033-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Springcastle SPV                                           | SpringCastle America Funding LLC                                                | CUSIP: 85022WAP9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     956110 | PA      | $861656.78    | 0.15%             | 2037-09-25      | Fixed         | 1.97%                 | No            |                  2 | On Loan: No      |
| Vibrant CLO Ltd                                            | Vibrant Clo VI Ltd                                                              | CUSIP: 92558EAJ1<br>LEI: 549300WOQQ4NNX4VIU97 | Long             | ABS-CBDO         | CORP              | KY        |    1623098 | PA      | $1602325.30   | 0.27%             | 2029-06-20      | Floating      | 4.48%                 | No            |                  2 | On Loan: No      |
| NUTRIEN LTD                                                | Nutrien Ltd                                                                     | CUSIP: 67077MAZ1<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |    2000000 | PA      | $2023099.40   | 0.34%             | 2024-11-07      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                                   | Madison Park Funding XX Ltd                                                     | CUSIP: 55819TAS0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    1570000 | PA      | $1511724.74   | 0.25%             | 2030-07-27      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| Bankers Healthcare Group Securitization Trust              | BHG Securitization Trust 2021-A                                                 | CUSIP: 08861YAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1335000 | PA      | $1117575.36   | 0.19%             | 2033-11-17      | Fixed         | 2.79%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                 | Fannie Mae Pool                                                                 | CUSIP: 31401MDL2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     128494 | PA      | $131449.08    | 0.02%             | 2033-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                     | United States Treasury Note/Bond                                                | CUSIP: 91282CEQ0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     645000 | PA      | $623130.47    | 0.10%             | 2025-05-15      | Fixed         | 2.75%                 | No            |                  1 | On Loan: No      |
| LOTTOMATICA SPA/ROMA                                       | Lottomatica SpA/Roma                                                            | CUSIP: 000000000<br>LEI: 81560046335277E43118 | Long             | DBT              | CORP              | IT        |     500000 | PA      | $506936.64    | 0.09%             | 2025-07-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                     | Mizuho Financial Group Inc                                                      | CUSIP: 60687YAW9<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    1000000 | PA      | $951857.47    | 0.16%             | 2025-07-16      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| PKHL Commercial Mortgage Trust                             | PKHL Commercial Mortgage Trust 2021-MF                                          | CUSIP: 69356GAG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3342000 | PA      | $3061742.89   | 0.52%             | 2038-07-15      | Floating      | 5.06%                 | No            |                  2 | On Loan: No      |
| Educational Services of America Inc                        | Edsouth Indenture No 10 LLC                                                     | CUSIP: 28138JAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     265160 | PA      | $265176.87    | 0.04%             | 2056-12-25      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                                       | Fannie Mae REMIC Trust 2003-W11                                                 | CUSIP: 31393C6U2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       3783 | PA      | $3787.18      | 0.00%             | 2033-06-25      | Variable      | 3.72%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY RES                                     | CenterPoint Energy Resources Corp                                               | CUSIP: 15189WAN0<br>LEI: 2JADVB0458J06WCD4N56 | Long             | DBT              | CORP              | US        |     443000 | PA      | $442643.90    | 0.07%             | 2023-03-02      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                                   | Vistra Operations Co LLC                                                        | CUSIP: 92840VAD4<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    3000000 | PA      | $2876341.35   | 0.48%             | 2024-07-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| INTESA SANPAOLO SPA                                        | Intesa Sanpaolo SpA                                                             | CUSIP: 46115HBJ5<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |    2000000 | PA      | $1882238.56   | 0.32%             | 2024-09-23      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                 | Fannie Mae Pool                                                                 | CUSIP: 3138EQBQ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     421525 | PA      | $428525.48    | 0.07%             | 2036-08-01      | Floating      | 3.47%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.           | Freddie Mac Multifamily Structured Pass Through Certificates                    | CUSIP: 3137FARM2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     306943 | PA      | $306907.62    | 0.05%             | 2044-05-25      | Floating      | 2.79%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                   | Ginnie Mae I Pool                                                               | CUSIP: 36225AJ92<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |        639 | PA      | $639.37       | 0.00%             | 2023-12-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY RES                                     | CenterPoint Energy Resources Corp                                               | CUSIP: 15189WAM2<br>LEI: 2JADVB0458J06WCD4N56 | Long             | DBT              | CORP              | US        |     765000 | PA      | $756280.90    | 0.13%             | 2023-03-02      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                               | GS Mortgage Securities Trust 2013-G1                                            | CUSIP: 36197QAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     279130 | PA      | $276965.52    | 0.05%             | 2031-04-10      | Variable      | 3.56%                 | No            |                  2 | On Loan: No      |
| OPG Trust                                                  | OPG Trust 2021-PORT                                                             | CUSIP: 67118AAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3152721 | PA      | $2955174.96   | 0.50%             | 2036-10-15      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 17-2B PTT                                     | American Airlines 2017-2 Class B Pass Through Trust                             | CUSIP: 02377DAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1635066 | PA      | $1477302.18   | 0.25%             | 2025-10-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Drive Auto Receivables Trust                               | Drive Auto Receivables Trust 2019-3                                             | CUSIP: 26209WAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2715000 | PA      | $2679157.38   | 0.45%             | 2026-10-15      | Fixed         | 3.18%                 | No            |                  2 | On Loan: No      |
| Bunker Hill Loan Depositary Trust                          | Bunker Hill Loan Depositary Trust 2019-3                                        | CUSIP: 12062BAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     347659 | PA      | $334340.80    | 0.06%             | 2059-11-25      | Variable      | 2.72%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                               | Barclays PLC                                                                    | CUSIP: 06738EBQ7<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    1155000 | PA      | $1092212.61   | 0.18%             | 2024-12-10      | Fixed         | 1.01%                 | No            |                  2 | On Loan: No      |
| BOC AVIATION USA CORP                                      | BOC Aviation USA Corp                                                           | CUSIP: 66980P2A6<br>LEI: 254900QKLTY6MF4Y3P65 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $944869.29    | 0.16%             | 2024-04-29      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                          | HSBC Holdings PLC                                                               | CUSIP: 404280CS6<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     600000 | PA      | $551937.44    | 0.09%             | 2025-05-24      | Fixed         | 0.98%                 | No            |                  2 | On Loan: No      |
| Equifirst Mortgage Loan Trust                              | EquiFirst Mortgage Loan Trust 2003-2                                            | CUSIP: 29445FAH1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     150176 | PA      | $146102.87    | 0.02%             | 2033-09-25      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority             | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                         | CUSIP: 6461366P1<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    2000000 | PA      | $1973636.40   | 0.33%             | 2023-06-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                                   | Service Properties Trust                                                        | CUSIP: 44106MAR3<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |    1500000 | PA      | $1486875.00   | 0.25%             | 2023-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                               | CSMC 2020-AFC1 Trust                                                            | CUSIP: 12597MAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     716583 | PA      | $656111.42    | 0.11%             | 2050-02-25      | Variable      | 2.51%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans                                     | CHL Mortgage Pass-Through Trust 2001-HYB1                                       | CUSIP: 12669B2X9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      66803 | PA      | $63394.42     | 0.01%             | 2031-06-19      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| Bojangles Issuer, LLC                                      | Bojangles Issuer LLC                                                            | CUSIP: 09748RAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2208312 | PA      | $1968379.35   | 0.33%             | 2050-10-20      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| PFS Financing Corp.                                        | PFS Financing Corp                                                              | CUSIP: 69335PDZ5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2010000 | PA      | $1882745.49   | 0.32%             | 2026-04-15      | Fixed         | 0.71%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                | BNP Paribas SA                                                                  | CUSIP: 09659W2N3<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    1545000 | PA      | $1341981.44   | 0.23%             | 2027-01-13      | Fixed         | 1.32%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY                                    | Nationwide Building Society                                                     | CUSIP: 63861VAH0<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |    2860000 | PA      | $2797906.00   | 0.47%             | 2027-07-27      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                     | Mitsubishi UFJ Financial Group Inc                                              | CUSIP: 606822CN2<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    2950000 | PA      | $2935406.56   | 0.49%             | 2028-09-13      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Wind River CLO Ltd                                         | THL Credit Wind River 2013-2 CLO Ltd                                            | CUSIP: 97314CAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    4000000 | PA      | $3927712.00   | 0.66%             | 2030-10-18      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL                                     | Protective Life Global Funding                                                  | CUSIP: 74368CBC7<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |    2370000 | PA      | $2138003.45   | 0.36%             | 2026-04-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                                         | VICI Properties LP                                                              | CUSIP: 925650AA1<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              |  | US        |    1835000 | PA      | $1766020.29   | 0.30%             | 2025-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Hospitality Mortgage Trust                                 | HPLY Trust 2019-HIT                                                             | CUSIP: 40443RAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1653874 | PA      | $1606034.51   | 0.27%             | 2036-11-15      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| SECURITY BENEFIT GL FUND                                   | Security Benefit Global Funding                                                 | CUSIP: 81412DAA1<br>LEI: 5493003C0JW6BY7YFF93 | Long             | DBT              | CORP              | US        |     335000 | PA      | $312587.52    | 0.05%             | 2024-05-17      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                                    | Dryden 72 CLO Ltd                                                               | CUSIP: 26252NAS8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    1000000 | PA      | $928248.00    | 0.16%             | 2032-05-15      | Floating      | 6.46%                 | No            |                  2 | On Loan: No      |
| IMPERIAL BRANDS FIN PLC                                    | Imperial Brands Finance PLC                                                     | CUSIP: 45262BAF0<br>LEI: 2138008L3B3MCG1DFS50 | Long             | DBT              | CORP              | GB        |    1145000 | PA      | $1145256.74   | 0.19%             | 2027-07-27      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Auburn CLO, Ltd.                                           | Auburn Clo Ltd                                                                  | CUSIP: 050261AB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     470000 | PA      | $452482.63    | 0.08%             | 2030-10-20      | Floating      | 5.86%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                       | Bank of America Corp                                                            | CUSIP: 06051GJH3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    3000000 | PA      | $2865714.78   | 0.48%             | 2024-10-24      | Fixed         | 0.81%                 | No            |                  2 | On Loan: No      |
| Gracie Point International Funding                         | GRACIE POINT INTERNATIONAL FUNDING 2022-1                                       | CUSIP: 38411HAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    1595000 | PA      | $1587042.70   | 0.27%             | 2024-04-01      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD                                   | Avolon Holdings Funding Ltd                                                     | CUSIP: 05401AAK7<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |     965000 | PA      | $914052.30    | 0.15%             | 2026-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UTAH ACQUISITION SUB                                       | Utah Acquisition Sub Inc                                                        | CUSIP: 62854AAN4<br>LEI: 254900JOFV74IJ7H9933 | Long             | DBT              | CORP              | US        |    2000000 | PA      | $1874367.02   | 0.32%             | 2026-06-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| SES SA                                                     | SES SA                                                                          | CUSIP: 000000000<br>LEI: 5493008JPA4HYMH1HX51 | Long             | DBT              | CORP              | LU        |    1625000 | PA      | $1351258.19   | 0.23%             | 2026-05-27      | Fixed         | 2.88%                 | Yes           |                  2 | On Loan: No      |
| Carlyle Global Market Strategies                           | Carlyle Global Market Strategies CLO 2015-1 Ltd                                 | CUSIP: 14311DBS4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    3000000 | PA      | $2791041.00   | 0.47%             | 2031-07-20      | Floating      | 6.24%                 | No            |                  2 | On Loan: No      |
| AIRCASTLE LTD                                              | Aircastle Ltd                                                                   | CUSIP: 00928QAT8<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |     700000 | PA      | $671564.14    | 0.11%             | 2025-08-11      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Wilshire Funding Corporation                               | Wilshire Funding Corp                                                           | CUSIP: 126342FW9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      47308 | PA      | $47889.69     | 0.01%             | 2032-08-25      | Variable      | 7.51%                 | No            |                  2 | On Loan: No      |
| Prodigy Finance Designated Activity Co                     | Prodigy Finance CM2021-1 DAC                                                    | CUSIP: 742855AA7<br>LEI: 635400HTAZNW3LYYMQ40 | Long             | ABS-O            | CORP              | IE        |    2112068 | PA      | $2033973.65   | 0.34%             | 2051-07-25      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| WEA FINANCE LLC/WESTFIEL                                   | WEA Finance LLC / Westfield UK & Europe Finance PLC                             | CUSIP: 92890HAC6<br>LEI: N/A                  | Long             | DBT              |  | US        |    2000000 | PA      | $1894726.98   | 0.32%             | 2024-09-17      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Lendmark Funding Trust                                     | Lendmark Funding Trust 2019-2                                                   | CUSIP: 52604AAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2680635 | PA      | $2593376.89   | 0.44%             | 2028-04-20      | Fixed         | 2.78%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                      | Wells Fargo & Co                                                                | CUSIP: 95000U2X0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    2000000 | PA      | $1937834.14   | 0.33%             | 2026-04-25      | Fixed         | 3.91%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-30

**Name of Applicant:** ALLSPRING FUNDS TRUST

**Signature:** Jeremy DePalma

**Name of Signer:** Jeremy DePalma

**Title:** Treasurer