# EDGAR Filing Document

**Accession Number:** 0001450011
**File Stem:** 0001450011-25-000516
**Filing Date:** 2025-8
**Character Count:** 613990
**Document Hash:** 71f0f2020f12aec438e45f8a91b4bc95
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001450011-25-000516.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001450011-25-000516

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250829

**DATE AS OF CHANGE**: 20250829

**PERIOD START**: 20250630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PIMCO ETF Trust
- **CENTRAL INDEX KEY:** 0001450011

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22250
- **FILM NUMBER:** 251277501

**BUSINESS ADDRESS:**
- **STREET 1:** 650 NEWPORT CENTER DRIVE
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660
- **BUSINESS PHONE:** 949.720.6000

**MAIL ADDRESS:**
- **STREET 1:** 650 NEWPORT CENTER DRIVE
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660

## Series and Classes Contracts Data

### PIMCO Multisector Bond Active Exchange-Traded Fund (Series ID: S000080425)

| Class ID   | Class Name                                         | Ticker Symbol   |
|:---|:---|:---|
| C000242819 | PIMCO Multisector Bond Active Exchange-Traded Fund |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** PIMCO ETF Trust

- **b. Investment Company Act file number:** 811-22250

- **c. CIK number of Registrant:** 0001450011

- **d. LEI of Registrant:** 5493004M9TBGFQUJ6D27

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

  - **Street Address 1:** 650 Newport Center Drive

  - **City:** Newport Beach

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 92660

  - **Telephone number:** (888) 400-4383

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

- **a. Name of Series:** PIMCO Multisector Bond Active Exchange-Traded Fund

- **b. EDGAR series identifier (if any):** S000080425

- **c. LEI of Series:** 5493000GFQP1EZBJDY50

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

- **a. Date of fiscal year-end:** 2025-06-30

- **b. Date as of which information is reported:** 2025-06-30

**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:** $11587723898.36

**Total Liabilities:** $5729206902.58

**Net Assets:** $5858516995.78

**Delayed Delivery Securities:** $21661323.50

**Cash Not Reported:** $58838585.34

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 862947.586200 | **1-Year:** 598729.079500 | **5-Year:** 1214870.075700 | **10-Year:** 222123.911100 | **30-Year:** -20999.555200

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

- **3-Month:** 308707.225300 | **1-Year:** 151831.285700 | **5-Year:** 261090.150800 | **10-Year:** 64185.105300 | **30-Year:** 525.001000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000242819 | -0.08%               | 0.69%                | 1.69%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-4635262.57             | $-3609949.95                               |
| Month 2  | $-4705084.07             | $8407227.32                                |
| Month 3  | $82791.66                | $58584976.75                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| HSI ASSET SECURI CORP TRUS 2007-NC1                                              | HSI ASSET SECURITIZATION CORPO HASC 2007 NC1 A3              | CUSIP: 40430TAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     5952416 | PA      | $3880134.04   | 0.07%             | 2037-04-25      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| KREF 2022-FL3 LTD                                                                | KREF 2022 FL3 LTD KREF 2022 FL3 A 144A                       | CUSIP: 48275EAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      768138 | PA      | $769557.20    | 0.01%             | 2039-02-17      | Floating      | 5.77%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT MXN SOLD USD 20251217                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | MX        |           1 | NC      | $363061.84    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| GREYWOLF CLO III LTD 2020-3RA                                                    | GREYWOLF CLO LTD GWOLF 2020 3RA A1R2 144A                    | CUSIP: 39809CAY0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    20800000 | PA      | $20850279.84  | 0.36%             | 2033-04-22      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| OBX 2023-NQM7 TRUST                                                              | ONSLOW BAY FINANCIAL LLC OBX 2023 NQM7 A1 144A               | CUSIP: 67117XAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      775950 | PA      | $786323.87    | 0.01%             | 2063-04-25      | Fixed         | 6.84%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD TRY BOUGHT USD 20250701                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TR        |           1 | NC      | $-468.71      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| AS MILEAGE PLAN IP LTD                                                           | AS MILEAGE PLAN IP LTD SR SECURED 144A 10/29 5.021           | CUSIP: 00218QAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     8200000 | PA      | $8119240.91   | 0.14%             | 2029-10-20      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| STRUCTURED ASSET SEC CORP 2006-BC6                                               | STRUCTURED ASSET SECURITIES CO SASC 2006 BC6 M1              | CUSIP: 86362VAF9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    13110079 | PA      | $11598140.59  | 0.20%             | 2037-01-25      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| SENEGAL GOVT                                                                     | SENEGAL GOVERNMENT INTERNATION SR UNSECURED REGS 06/37 5.375 | CUSIP: ACI1YDPR1<br>LEI: 549300NP14ZLQGWIUZ97 | Long             | DBT              | NUSS              | SN        |     1500000 | PA      | $1098497.88   | 0.02%             | 2037-06-08      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SPECIALTY UNDERWRITING & RESIDENTIAL FINANCE TRUST SERIES 2006-AB3               | SPECIALTY UNDERWRITING + RESID SURF 2006 AB3 A2C             | CUSIP: 84751XAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     2354339 | PA      | $1619903.47   | 0.03%             | 2037-09-25      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| MAREX GROUP PLC                                                                  | MAREX GROUP PLC SR UNSECURED 05/28 5.829                     | CUSIP: 566539AB8<br>LEI: 549300DWX0SVICJAL507 | Long             | DBT              | CORP              | GB        |    11900000 | PA      | $12056387.54  | 0.21%             | 2028-05-08      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD ZAR BOUGHT USD 20250723                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |           1 | NC      | $-270234.79   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CITADEL LIMITED PARTNERSHIP                                                      | CITADEL LP SR UNSECURED 144A 01/32 6.375                     | CUSIP: 17288XAC8<br>LEI: 549300IPM6EKPVUPFL67 | Long             | DBT              | CORP              | US        |     5437000 | PA      | $5680463.53   | 0.10%             | 2032-01-23      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| FIRST STUDENT BIDCO INC / FIRST TRANSIT PARENT INC                               | FRST STU BID/FRST TRANS SR SECURED 144A 07/29 4              | CUSIP: 337120AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      350000 | PA      | $329251.69    | 0.01%             | 2029-07-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2024-C                                          | SMB PRIVATE EDUCATION LOAN TRU SMB 2024 C A1B 144A           | CUSIP: 83206EAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1388251 | PA      | $1380123.75   | 0.02%             | 2052-06-17      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| AMER SPORTS COMPANY                                                              | AMER SPORTS COMPANY SR SECURED 144A 02/31 6.75               | CUSIP: 02352NAA7<br>LEI: 549300NRKH9WF70VFC95 | Long             | DBT              | CORP              | US        |      775000 | PA      | $807493.43    | 0.01%             | 2031-02-16      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD SGD BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |           1 | NC      | $-952.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SYNOPSYS INC                                                                     | SYNOPSYS INC SR UNSECURED 04/32 5                            | CUSIP: 871607AD9<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |     4985000 | PA      | $5051528.21   | 0.09%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY ABS CAPITAL I 2006-WMC1                                           | MORGAN STANLEY CAPITAL INC MSAC 2006 WMC1 A2C                | CUSIP: 61744CXM3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      264131 | PA      | $259859.39    | 0.00%             | 2035-12-25      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| RCKT MORTGAGE TRUST 2024-CES7                                                    | WOODWARD CAPITAL MANAGEMENT RCKT 2024 CES7 A1A 144A          | CUSIP: 749414AA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     7729015 | PA      | $7712639.84   | 0.13%             | 2044-10-25      | Variable      | 5.16%                 | No            |                  2 | On Loan: No      |
| PRPM 2024-8 LLC                                                                  | PRP ADVISORS, LLC PRPM 2024 8 A1 144A                        | CUSIP: 74448KAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     8667374 | PA      | $8617248.28   | 0.15%             | 2029-12-25      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD TWD BOUGHT USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $-334837.50   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                                             | EDISON INTERNATIONAL SR UNSECURED 03/30 6.25                 | CUSIP: 281020BC0<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |    11000000 | PA      | $11176054.78  | 0.19%             | 2030-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | ZCS BRL 13.9271 05/08/25-01/04/27 CME                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | BR        |           1 | NC      | $-247282.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD BRL BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |           1 | NC      | $-1661685.71  | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| PRA GROUP INC                                                                    | PRA GROUP INC COMPANY GUAR 144A 01/30 8.875                  | CUSIP: 69354NAF3<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |     3000000 | PA      | $3095550.00   | 0.05%             | 2030-01-31      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD CNH BOUGHT USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |           1 | NC      | $-18500.13    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MASTR SPECIALIZED LOAN TRUST 2006-1                                              | MASTR SPECIALIZED LOAN TRUST MASD 2006 1 M2 144A             | CUSIP: 576436CX5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     6104236 | PA      | $4109316.37   | 0.07%             | 2036-01-25      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT SGD SOLD USD 20250805                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |           1 | NC      | $127.10       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | REPO BANK AMERICA REPO                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        |    53800000 | PA      | $53800000.00  | 0.92%             |  |  |  | No            |                  2 | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING AESOP 2023-7A LLC                                 | AVIS BUDGET RENTAL CAR FUNDING AESOP 2023 7A A 144A          | CUSIP: 05377RHL1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1200000 | PA      | $1234063.44   | 0.02%             | 2028-08-21      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| SOUTH AFRICA GOVT                                                                | REPUBLIC OF SOUTH AFRICA SR UNSECURED 01/30 8                | CUSIP: ACI0725J7<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    83750000 | PA      | $4651965.69   | 0.08%             | 2030-01-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2017-2                                                 | TOWD POINT MORTGAGE TRUST TPMT 2017 2 M1 144A                | CUSIP: 89173HAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1500000 | PA      | $1475076.75   | 0.03%             | 2057-04-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| PRPM 2024-NQM4 TRUST                                                             | PRP ADVISORS, LLC PRPM 2024 NQM4 A1 144A                     | CUSIP: 69381UAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     5091014 | PA      | $5102139.20   | 0.09%             | 2069-12-26      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP SR UNSECURED 05/30 3.75                   | CUSIP: 29278NAQ6<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     1736000 | PA      | $1666299.74   | 0.03%             | 2030-05-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                                                                     | US FOODS INC COMPANY GUAR 144A 02/29 4.75                    | CUSIP: 90290MAD3<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |      215000 | PA      | $211432.33    | 0.00%             | 2029-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BANK OF INDUSTRY LIMITED                                                         | BANK OF INDUSTRY LIMITED 2024 EUR TERM LOAN B1               | CUSIP: BA000BY62<br>LEI: 5493006N5JD4B34R6G14 | Long             | LON              | MUN               | NG        |     6000000 | PA      | $7020583.51   | 0.12%             | 2027-08-23      | Floating      | 3.69%                 | No            |                  2 | On Loan: No      |
| CIM TRUST 2023-I2                                                                | CIM TRUST CIM 2023 I2 A1 144A                                | CUSIP: 12570HAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      348689 | PA      | $351291.97    | 0.01%             | 2067-12-25      | Fixed         | 6.64%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2023-6                                                | VERUS SECURITIZATION TRUST VERUS 2023 6 A1 144A              | CUSIP: 92539XAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      797472 | PA      | $807218.30    | 0.01%             | 2068-09-25      | Fixed         | 6.67%                 | No            |                  2 | On Loan: No      |
| SNAP INC                                                                         | SNAP INC COMPANY GUAR 144A 03/33 6.875                       | CUSIP: 83304AAL0<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | DBT              | CORP              | US        |    14503000 | PA      | $14890969.32  | 0.25%             | 2033-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| STADA (NIDDA HEALTHCARE HOLDING GMBH)                                            | NIDDA HEALTHCARE HOLDING SR SECURED REGS 02/30 5.625         | CUSIP: ACI2RMSJ2<br>LEI: 549300Q89C4WAO6L0L19 | Long             | DBT              | CORP              | DE        |     2000000 | PA      | $2406270.47   | 0.04%             | 2030-02-21      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| PRPM 2025-2 LLC                                                                  | PRP ADVISORS, LLC PRPM 2025 2 A1 144A                        | CUSIP: 69382HAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     8753670 | PA      | $8750363.13   | 0.15%             | 2030-05-25      | Fixed         | 6.47%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY CORP                                                                 | FIRSTENERGY CORP SR UNSECURED 03/50 3.4                      | CUSIP: 337932AM9<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |     2388000 | PA      | $1620412.53   | 0.03%             | 2050-03-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| BAIN CAPITAL CREDIT CLO 2021-4 LTD                                               | BAIN CAPITAL CREDIT CLO, LIMIT BCC 2021 4A A2R 144A          | CUSIP: 05685AAS7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     1000000 | PA      | $1000905.14   | 0.02%             | 2034-10-20      | Floating      | 5.72%                 | No            |                  2 | On Loan: No      |
| ARCAN-2A                                                                         | ARCANO EURO CLO ARCAN 2A A                                   | CUSIP: ACI2YDJX3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |     2400000 | PA      | $2827081.56   | 0.05%             | 2039-07-25      | Floating      | 3.19%                 | No            |                  2 | On Loan: No      |
| BAIN CAPITAL CREDIT CLO 2022-2 LTD                                               | BAIN CAPITAL CREDIT CLO, LIMIT BCC 2022 2A A1R 144A          | CUSIP: 05682GAQ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |     1900000 | PA      | $1900000.00   | 0.03%             | 2035-04-22      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| NOBLE FINANCE II LLC                                                             | NOBLE FINANCE II LLC COMPANY GUAR 144A 04/30 8               | CUSIP: 65505PAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     5734000 | PA      | $5843392.62   | 0.10%             | 2030-04-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ABC SUPPLY CO (AMERICAN BUILDERS & CONTRACTORS SUPPLY CO INC)                    | ABC SUPPLY CO INC SR UNSECURED 144A 11/29 3.875              | CUSIP: 024747AG2<br>LEI: 549300H5GQ4C1BEKG397 | Long             | DBT              | CORP              | US        |     4370000 | PA      | $4137169.02   | 0.07%             | 2029-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD TWD BOUGHT USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $-314894.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| SYMPHONY CLO 37 LTD                                                              | SYMPHONY CLO LTD SYMP 2022 37A A1AR 144A                     | CUSIP: 87169VAS4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |     1000000 | PA      | $1003633.44   | 0.02%             | 2037-01-20      | Floating      | 6.07%                 | No            |                  2 | On Loan: No      |
| SANTANDER DRIVE AUTO RECEIVABLES TRUST 2024-1                                    | SANTANDER DRIVE AUTO RECEIVABL SDART 2024 1 C                | CUSIP: 80288AAE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1295000 | PA      | $1310595.69   | 0.02%             | 2030-03-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| KASEYA INC                                                                       | KASEYA INC 2025 1L TERM LOAN B                               | CUSIP: 48578AAB4<br>LEI: 254900MISXMLRZ63NH46 | Long             | LON              | CORP              | US        |     3990000 | PA      | $4010269.20   | 0.07%             | 2032-03-20      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT TWD SOLD USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $116222.37    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| NOVELIS CORPORATION                                                              | NOVELIS CORP COMPANY GUAR 144A 01/30 6.875                   | CUSIP: 670001AL0<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |     3000000 | PA      | $3103667.85   | 0.05%             | 2030-01-30      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD EUR BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |           1 | NC      | $-456561.54   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| MERRILL LYNCH FIRST FRANKLIN MORTGAGE LOAN TRUST 2007-3                          | MERRILL LYNCH FIRST FRANKLIN M FFMER 2007 3 A2D              | CUSIP: 59024VAH2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      262347 | PA      | $263056.36    | 0.00%             | 2037-06-25      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES 2024-1 CLASS AA PASS THROUGH TRUST                               | UNITED AIR 2024 1 AA PTT PASS THRU CE 08/38 5.45             | CUSIP: 90932WAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     4686854 | PA      | $4746298.87   | 0.08%             | 2038-08-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD PROPERTY REIT INC / BPR CUMULUS LLC / BPR NIMBUS LLC / GGSI SELLCO LL | BROOKFIELD PPTY REIT INC SR SECURED 144A 04/27 4.5           | CUSIP: 11284DAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      160000 | PA      | $155784.31    | 0.00%             | 2027-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BBCMS MORTGAGE TRUST 2024-5C31                                                   | BARCLAYS COMMERCIAL MORTGAGE S BBCMS 2024 5C31 A2            | CUSIP: 07336YAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     5000000 | PA      | $5125839.00   | 0.09%             | 2057-12-15      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT TWD SOLD USD 20250703                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $-36.80       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ARES STRATEGIC INCOME FUND                                                       | ARES STRATEGIC INCOME FU SR UNSECURED 03/32 6.2              | CUSIP: 04020EAJ6<br>LEI: 549300IANZJVZPTICV54 | Long             | DBT              | CORP              | US        |     4000000 | PA      | $4013763.52   | 0.07%             | 2032-03-21      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD JPY BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |           1 | NC      | $-199.30      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2023-INV3                                             | VERUS SECURITIZATION TRUST VERUS 2023 INV3 A1 144A           | CUSIP: 92540CAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1169760 | PA      | $1187447.05   | 0.02%             | 2068-11-25      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD KRW BOUGHT USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KR        |           1 | NC      | $-1572.00     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORPORATION (AKA: SPRINGLEAF FINANCE CORPORATION)                | ONEMAIN FINANCE CORP COMPANY GUAR 05/29 6.625                | CUSIP: 682691AH3<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     3900000 | PA      | $4010373.90   | 0.07%             | 2029-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD BRL BOUGHT USD 20251002                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |           1 | NC      | $-13862.19    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SOFI CONSUMER LOAN PROGRAM 2025-2 TRUST                                          | SOFI CONSUMER LOAN PROGRAM TRU SCLP 2025 2 A 144A            | CUSIP: 83407HAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     3500000 | PA      | $3506555.15   | 0.06%             | 2034-06-25      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| FORTITUDE GROUP HOLDINGS LLC                                                     | FORTITUDE GROUP HOLDINGS COMPANY GUAR 144A 04/30 6.25        | CUSIP: 34966XAA6<br>LEI: 2549006R9ZUL08JFIH12 | Long             | DBT              | CORP              | US        |     7000000 | PA      | $7204710.45   | 0.12%             | 2030-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOEING CO/THE SNR S* ICE                                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $55000.93     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| OBX 2023-NQM6 TRUST                                                              | ONSLOW BAY FINANCIAL LLC OBX 2023 NQM6 A1 144A               | CUSIP: 67117VAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      316881 | PA      | $319589.71    | 0.01%             | 2063-07-25      | Variable      | 6.52%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA (VMED O2 UK FINANCING I PLC)                                        | VMED O2 UK FINAN SR SECURED 144A 01/31 4.25                  | CUSIP: 92858RAA8<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |    11729000 | PA      | $10752492.72  | 0.18%             | 2031-01-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BENCHMARK MORTGAGE TRUST 2018-B5                                                 | BENCHMARK MORTGAGE TRUST BMARK 2018 B5 A3                    | CUSIP: 08160BAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1300000 | PA      | $1281723.69   | 0.02%             | 2051-07-15      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | EURO-OAT FUTURE   SEP25 XEUR 20250908                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | DE        |        -146 | NC      | $83345.24     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW FORTRESS ENERGY INC                                                          | NEW FORTRESS ENERGY CLASS A LOCKED UP EQTYNFE18              | CUSIP: 955DWMII6<br>LEI: 254900EICTYTCHA5X705 | Long             | EC               | CORP              | US        |        8876 | NS      | $29468.32     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| DELOITTE LLP                                                                     | DELOITTE LLP SR UNSEC A                                      | CUSIP: 958XFEII6<br>LEI: 549300FJV7IV1ZHGAV28 | Long             | DBT              | CORP              | US        |     2000000 | PA      | $2026070.42   | 0.03%             | 2030-01-30      | Fixed         | 5.25%                 | Yes           |                  3 | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST 2023-DSC1                                             | JP MORGAN MORTGAGE TRUST JPMMT 2023 DSC1 A1 144A             | CUSIP: 46656NAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1597577 | PA      | $1556495.63   | 0.03%             | 2063-07-25      | Variable      | 4.62%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FINANCIAL GROUP INC (MUFG)                                        | MITSUBISHI UFJ FIN GRP SR UNSECURED 01/36 VAR                | CUSIP: 606822DH4<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     4000000 | PA      | $4111645.60   | 0.07%             | 2036-01-16      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| ISRAEL GOVT                                                                      | STATE OF ISRAEL SR UNSECURED 02/35 5.625                     | CUSIP: 46514Y8B6<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |     5000000 | PA      | $5091237.40   | 0.09%             | 2035-02-19      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | US 10YR NOTE (CBT)SEP25 XCBT 20250919                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |        1374 | NC      | $2585646.42   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| SEAGATE HDD CAYMAN                                                               | SEAGATE HDD CAYMAN COMPANY GUAR 12/29 8.25                   | CUSIP: 81180WBN0<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |      260000 | PA      | $277549.48    | 0.00%             | 2029-12-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| VENTURE 44 CLO LTD                                                               | VENTURE CDO LTD VENTR 2021 44A A1NR 144A                     | CUSIP: 92332KAQ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     1000000 | PA      | $998853.27    | 0.02%             | 2034-10-20      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORPORATION                                                             | CARNIVAL CORP SR SECURED 144A 08/28 4                        | CUSIP: 143658BQ4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     9694000 | PA      | $9494061.25   | 0.16%             | 2028-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CARVANA AUTO RECEIVABLES TRUST 2024-N2                                           | CARVANA AUTO RECEIVABLES TRUST CRVNA 2024 N2 C 144A          | CUSIP: 14687VAE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     3750000 | PA      | $3828946.50   | 0.07%             | 2030-09-10      | Fixed         | 5.82%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD PEN BOUGHT USD 20250711                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $-294502.54   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| YINSON BERGENIA PRODUCTION BV                                                    | YINSON BERGENIA PRODUCTI YINSON BERGENIA PRODUCTI            | CUSIP: 98585VAA6<br>LEI: 549300JDIAWKPMZD5256 | Long             | DBT              | CORP              | NL        |     2300000 | PA      | $2330820.00   | 0.04%             | 2045-01-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| MEXICO GOVT                                                                      | MEX BONOS DESARR FIX RT BONDS 09/26 7                        | CUSIP: ACI2H0SG7<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    57000000 | PA      | $3001411.71   | 0.05%             | 2026-09-03      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST 2024-1A                                      | EXETER AUTOMOBILE RECEIVABLES EART 2024 1A C                 | CUSIP: 30167PAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1500000 | PA      | $1512431.70   | 0.03%             | 2030-05-15      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2024-F                                          | SMB PRIVATE EDUCATION LOAN TRU SMB 2024 F A1A 144A           | CUSIP: 83207VAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    13069689 | PA      | $13223001.21  | 0.23%             | 2054-03-16      | Fixed         | 5.06%                 | No            |                  2 | On Loan: No      |
| GREENSKY HOME IMPROVEMENT TRUST 2024-2                                           | GREENSKY HOME IMPROVEMENT ISSU GSKY 2024 2 B 144A            | CUSIP: 39571XAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      400000 | PA      | $402594.12    | 0.01%             | 2059-10-27      | Fixed         | 5.26%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP SR UNSECURED 03/26 1.75                              | CUSIP: 55336VBR0<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |      460000 | PA      | $451189.85    | 0.01%             | 2026-03-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2024-5C2                                   | WELLS FARGO COMMERCIAL MORTGAG WFCM 2024 5C2 A2              | CUSIP: 95003UAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    10000000 | PA      | $10285834.00  | 0.18%             | 2057-11-15      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| SYNOPSYS INC                                                                     | SYNOPSYS INC SR UNSECURED 04/30 4.85                         | CUSIP: 871607AC1<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |     4000000 | PA      | $4056790.60   | 0.07%             | 2030-04-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| DRIVE AUTO RECEIVABLES TRUST 2025-1                                              | DRIVE AUTO RECEIVABLES TRUST DRIVE 2025 1 A3                 | CUSIP: 262102AC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    30000000 | PA      | $30138576.00  | 0.51%             | 2032-09-15      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD TWD BOUGHT USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $-331277.84   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT EUR SOLD USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |           1 | NC      | $1175634.67   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| INFOPRO DIGITAL (IPD 3 BV)                                                       | IPD 3 BV IPD 3 BV                                            | CUSIP: ACI2PJR03<br>LEI: 724500RBP2J59JMQB629 | Long             | DBT              | CORP              | NL        |     1000000 | PA      | $1179056.45   | 0.02%             | 2031-06-15      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT KRW SOLD USD 20250711                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KR        |           1 | NC      | $16415.12     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PRPM 2025-3 LLC                                                                  | PRP ADVISORS, LLC PRPM 2025 3 A1 144A                        | CUSIP: 74449DAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     5955392 | PA      | $5993054.82   | 0.10%             | 2030-05-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| AVENIR ISSUER IV (IRELAND) DESIGNATED ACTIVITY COMPANY                           | AVENIR ISSUER IV IRLND SR SECURED REGS 10/27 6               | CUSIP: ACI2S8C83<br>LEI: 894500E9CKDEAOMG0B46 | Long             | DBT              | NUSS              | IE        |     2864206 | PA      | $2686683.62   | 0.05%             | 2027-10-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD THB BOUGHT USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TH        |           1 | NC      | $-55701.59    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SLAM 2025-1A LTD                                                                 | SLAM LLC SLAM 2025 1A A 144A                                 | CUSIP: 78450TAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    25000000 | PA      | $25483675.00  | 0.43%             | 2050-05-15      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| VALARIS LIMITED                                                                  | VALARIS LTD SECURED 144A 04/30 8.375                         | CUSIP: 91889FAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     6690000 | PA      | $6869051.16   | 0.12%             | 2030-04-30      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| WAYFAIR LLC                                                                      | WAYFAIR LLC SR SECURED 144A 09/30 7.75                       | CUSIP: 94419NAB3<br>LEI: 549300CTUWTZGOXMYI40 | Long             | DBT              | CORP              | US        |     2000000 | PA      | $2017412.00   | 0.03%             | 2030-09-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| QUALITYTECH LP                                                                   | QUALITYTECH LP TERM LOAN B                                   | CUSIP: BA0009MM5<br>LEI: 549300GWD2FYVWRWCZ90 | Long             | LON              | CORP              | US        |     4000000 | PA      | $4020000.00   | 0.07%             | 2031-10-30      | Floating      | 7.81%                 | No            |                  3 | On Loan: No      |
| N/A                                                                              | BOUGHT BRL SOLD USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |           1 | NC      | $3392.83      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD HUF BOUGHT USD 20250822                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | HU        |           1 | NC      | $-728.93      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PANAMA GOVT                                                                      | REPUBLIC OF PANAMA EUR TERM LOAN                             | CUSIP: BA000GRH5<br>LEI: 549300SHS4T08CL0LP14 | Long             | LON              | CORP              | IE        |    10000000 | PA      | $11864642.04  | 0.20%             | 2027-03-05      | Floating      | 4.10%                 | No            |                  3 | On Loan: No      |
| VALE OVERSEAS LIMITED                                                            | VALE OVERSEAS LIMITED COMPANY GUAR 06/54 6.4                 | CUSIP: 91911TAS2<br>LEI: 254900BA3U6G5DNV5V04 | Long             | DBT              | CORP              | KY        |      200000 | PA      | $196753.78    | 0.00%             | 2054-06-28      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| CMA CGM SA                                                                       | CMA CGM SA CMA CGM SA                                        | CUSIP: ACI2PV2P8<br>LEI: 969500BZJ49IICIBZZ08 | Long             | DBT              | CORP              | FR        |     1000000 | PA      | $1218442.70   | 0.02%             | 2029-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SANTANDER MORTGAGE ASSET RECEIVABLE TRUST 2025-NQM1                              | SANTANDER MORTGAGE ASSET RECEI SAN 2025 NQM1 A1              | CUSIP: 80262BAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1900556 | PA      | $1907295.56   | 0.03%             | 2065-01-25      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| SPRINT CAPITAL CORPORATION                                                       | SPRINT CAPITAL CORP COMPANY GUAR 11/28 6.875                 | CUSIP: 852060AD4<br>LEI: 549300L17W0GQBR1PO80 | Long             | DBT              | CORP              | US        |      600000 | PA      | $644271.77    | 0.01%             | 2028-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.25000 06/18/25-5Y CME                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |           1 | NC      | $388815.30    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| GS MORTGAGE SECURITIES CORP TRUST 2017-485L                                      | GS MORTGAGE SECURITIES TRUST GSMS 2017 485L A 144A           | CUSIP: 36252CAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     6500000 | PA      | $6273423.65   | 0.11%             | 2037-02-10      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST 2024-RPL1                         | MORGAN STANLEY RESIDENTIAL MOR MSRM 2024 RPL1 A1             | CUSIP: 61776YAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     7656231 | PA      | $7414394.07   | 0.13%             | 2064-06-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GLS AUTO SELECT RECEIVABLES TRUST 2024-3                                         | GLS AUTO SELECT RECEIVABLES TR GSAR 2024 3A C 144A           | CUSIP: 37989EAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1000000 | PA      | $1031934.40   | 0.02%             | 2030-08-15      | Fixed         | 5.92%                 | No            |                  2 | On Loan: No      |
| COMMERCIAL MORTGAGE PASS THROUGH CERTIFICATES 2016-667M                          | COMM MORTGAGE TRUST COMM 2016 667M A 144A                    | CUSIP: 12636GAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1900000 | PA      | $1767052.63   | 0.03%             | 2036-10-10      | Fixed         | 3.14%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES 2016-2 CLASS AA PASS THROUGH TRUST                             | AMER AIRLINE 16 2 AA PTT PASS THRU CE 12/29 3.2              | CUSIP: 023765AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      146287 | PA      | $140415.27    | 0.00%             | 2029-12-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| DRIVE AUTO RECEIVABLES TRUST 2024-2                                              | DRIVE AUTO RECEIVABLES TRUST DRIVE 2024 2 C                  | CUSIP: 26207AAF0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     6000000 | PA      | $6011692.80   | 0.10%             | 2032-05-17      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| GLS AUTO RECEIVABLES ISSUER TRUST 2025-2A                                        | GLS AUTO RECEIVABLES TRUST GCAR 2025 2A C 144A               | CUSIP: 37989BAJ1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    17900000 | PA      | $18117553.02  | 0.31%             | 2031-01-15      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | ISRAEL GOVT EM SP CBK                                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $7874.83      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| WALGREENS BOOTS ALLIANCE INC                                                     | WALGREENS BOOTS ALLIANCE SR UNSECURED 08/29 8.125            | CUSIP: 931427AW8<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |     3000000 | PA      | $3183633.21   | 0.05%             | 2029-08-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD CNH BOUGHT USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |           1 | NC      | $-20551.18    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                             | JPMORGAN CHASE + CO SR UNSECURED 01/36 VAR                   | CUSIP: 46647PEW2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    14700000 | PA      | $15147090.21  | 0.26%             | 2036-01-24      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QH2745 FR 10/53 FIXED 6                    | CUSIP: 3133CFBN8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      141880 | PA      | $144921.97    | 0.00%             | 2053-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ASSET BACKED SECURITIES TRUST 2007-HE3                              | BEAR STEARNS ASSET BACKED SECU BSABS 2007 HE3 1A4            | CUSIP: 073852AD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     6812973 | PA      | $6506479.83   | 0.11%             | 2037-04-25      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT TWD SOLD USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $75600.62     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SOUTH AFRICA GOVT                                                                | REPUBLIC OF SOUTH AFRICA SR UNSECURED 01/37 8.5              | CUSIP: ACI06HB74<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |   721100000 | PA      | $35457570.97  | 0.61%             | 2037-01-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TSY INFL IX N/B 07/25 0.375                                  | CUSIP: 912828XL9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     8363188 | PA      | $8359272.57   | 0.14%             | 2025-07-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| EQT CORPORATION                                                                  | EQT CORP SR UNSECURED 144A 01/29 4.5                         | CUSIP: 26884LAW9<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |     2546000 | PA      | $2515994.68   | 0.04%             | 2029-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | IRS EUR 2.55000 04/16/25-10Y LCH                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | N/A       |           1 | NC      | $4731.33      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CARMAX SELECT RECEIVABLES TRUST 2025-A                                           | CARMAX SELECT RECEIVABLES TRUS CMXS 2025 A B                 | CUSIP: 14319UAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    10000000 | PA      | $10106110.00  | 0.17%             | 2030-09-16      | Fixed         | 5.01%                 | No            |                  2 | On Loan: No      |
| CITICORP RESIDENTIAL MORTGAGE SEC 2006-1                                         | CITICORP RESIDENTIAL MORTGAGE CRMSI 2006 1 M2                | CUSIP: 17309NAH4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     7347000 | PA      | $7108403.24   | 0.12%             | 2036-07-25      | Variable      | 6.64%                 | No            |                  2 | On Loan: No      |
| PERU GOVT                                                                        | BONOS DE TESORERIA SR UNSECURED 08/32 6.15                   | CUSIP: ACI0WBN59<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |     4100000 | PA      | $1197200.00   | 0.02%             | 2032-08-12      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| FLORA FOOD MANAGEMENT BV                                                         | FLORA FOOD MANAGEMENT BV SR SECURED REGS 07/29 6.875         | CUSIP: ACI2PNX31<br>LEI: 2549002VGA888UKFKS25 | Long             | DBT              | CORP              | NL        |     2000000 | PA      | $2395357.39   | 0.04%             | 2029-07-02      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD CNH BOUGHT USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |           1 | NC      | $-29275.06    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                                              | GLOBAL PAYMENTS INC SR UNSECURED 03/26 1.2                   | CUSIP: 37940XAE2<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |      300000 | PA      | $293002.26    | 0.01%             | 2026-03-01      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| NORINCHUKIN BANK LTD                                                             | NORINCHUKIN BANK SR UNSECURED 144A 10/29 5.094               | CUSIP: 656029AN5<br>LEI: 5493007VSMFZCPV1NB83 | Long             | DBT              | CORP              | JP        |     9900000 | PA      | $10047778.98  | 0.17%             | 2029-10-16      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| LENDBUZZ SECURITIZATION TRUST 2024-3A                                            | LENDBUZZ SECURITIZATION TRUST LBZZ 2024 3A A2 144A           | CUSIP: 52609YAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     4423254 | PA      | $4429188.12   | 0.08%             | 2029-10-15      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| PRIMO WATER HOLDINGS INC / TRITON WATER HOLDINGS INC                             | PRIMO / TRITON WATER HLD SR SECURED 144A 04/29 4.375         | CUSIP: 74168RAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     7670000 | PA      | $7443850.05   | 0.13%             | 2029-04-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| STRUCTURED ASSET SEC CORP 2007-WF1                                               | STRUCTURED ASSET SECURITIES CO SASC 2007 WF1 A1              | CUSIP: 86358BAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      288441 | PA      | $283946.19    | 0.00%             | 2037-02-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | IRS AUD 4.75000 12/20/28-5Y LCH                              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | AU        |           1 | NC      | $1556683.74   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP SR UNSECURED 04/35 5.7                    | CUSIP: 29273VBE9<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     5000000 | PA      | $5095177.70   | 0.09%             | 2035-04-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2019-HY1                                               | TOWD POINT MORTGAGE TRUST TPMT 2019 HY1 A1 144A              | CUSIP: 89177EAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      608556 | PA      | $609857.41    | 0.01%             | 2048-10-25      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM2 TRUST                                                              | ONSLOW BAY FINANCIAL LLC OBX 2024 NQM2 A1 144A               | CUSIP: 67118HAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     7089842 | PA      | $7127352.35   | 0.12%             | 2063-12-25      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST 2022-R04                                     | FANNIE MAE   CAS CAS 2022 R04 1B2 144A                       | CUSIP: 20753YAL6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     2000000 | PA      | $2229294.20   | 0.04%             | 2042-03-25      | Floating      | 13.81%                | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT BRL SOLD USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |           1 | NC      | $46186.38     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP OF AMERICA FINANCE LLC                                          | VOLKSWAGEN GROUP AMERICA COMPANY GUAR 144A 03/28 5.05        | CUSIP: 928668CP5<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |     5000000 | PA      | $5030020.45   | 0.09%             | 2028-03-27      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2024-4                                                | VERUS SECURITIZATION TRUST VERUS 2024 4 A1 144A              | CUSIP: 92540GAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     4480008 | PA      | $4531736.15   | 0.08%             | 2069-06-25      | Variable      | 6.22%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.20000 09/09/24-5Y* CME                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |           1 | NC      | $511111.17    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2022-NLP                  | JP MORGAN CHASE COMMERCIAL MOR JPMCC 2022 NLP A 144A         | CUSIP: 466317AA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     2831211 | PA      | $2801145.00   | 0.05%             | 2037-04-15      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT GRANTOR TRUST 2024-6                                              | PAGAYA AI DEBT SELECTION TRUST PAID 2024 6 A 144A            | CUSIP: 69548KAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      920024 | PA      | $926187.34    | 0.02%             | 2031-11-15      | Fixed         | 6.09%                 | No            |                  2 | On Loan: No      |
| BRAZIL GOVT                                                                      | LETRA TESOURO NACIONAL BILLS 10/25 0.00000                   | CUSIP: ACI2HDVK6<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |   202100000 | PA      | $35880149.41  | 0.61%             | 2025-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| REACH ABS TRUST 2024-1A                                                          | REACH FINANCIAL LLC REACH 2024 1A A 144A                     | CUSIP: 75526PAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      457420 | PA      | $458535.71    | 0.01%             | 2031-02-18      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| WSTN TRUST 2023-MAUI                                                             | WSTN TRUST WSTN 2023 MAUI A 144A                             | CUSIP: 92943AAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      400000 | PA      | $406039.48    | 0.01%             | 2037-07-05      | Variable      | 6.52%                 | No            |                  2 | On Loan: No      |
| WORLDPAY (BOOST NEWCO BORROWER LLC)                                              | GTCR W 2 MERGER SUB LLC SR SECURED 144A 01/31 7.5            | CUSIP: 36268NAA8<br>LEI: 254900S8RE1OL7TTCU64 | Long             | DBT              | CORP              | US        |     1300000 | PA      | $1380892.50   | 0.02%             | 2031-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| BOOZ ALLEN HAMILTON INC                                                          | BOOZ ALLEN HAMILTON INC COMPANY GUAR 04/35 5.95              | CUSIP: 09951LAD5<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |    19198000 | PA      | $19531834.02  | 0.33%             | 2035-04-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FINANCIAL SERVICES INC                                                  | PENNYMAC FIN SVCS INC COMPANY GUAR 144A 09/31 5.75           | CUSIP: 70932MAC1<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |      857000 | PA      | $840960.05    | 0.01%             | 2031-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BAIN CAPITAL CREDIT CLO 2020-3 LTD                                               | BAIN CAPITAL CREDIT CLO, LIMIT BCC 2020 3A A1RR 144A         | CUSIP: 05684CAW5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     8700000 | PA      | $8705916.00   | 0.15%             | 2034-10-23      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| RESIDENTIAL ACCREDIT LOANS 2007-QS10                                             | RESIDENTIAL ACCREDIT LOANS, IN RALI 2007 QS10 A1             | CUSIP: 74924DAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     5319580 | PA      | $4439175.28   | 0.08%             | 2037-09-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| IXIS REAL ESTATE CAPITAL TRUST 2006-HE1                                          | IXIS REAL ESTATE CAPITAL TRUST IXIS 2006 HE1 A4              | CUSIP: 45071KDE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      148939 | PA      | $77744.49     | 0.00%             | 2036-03-25      | Floating      | 5.03%                 | No            |                  2 | On Loan: No      |
| ANCHORAGE CREDIT FUNDING 12 LTD                                                  | ANCHORAGE CREDIT FUNDING LTD. ANCHF 2020 12A A1 144A         | CUSIP: 03332DAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     2400000 | PA      | $2302090.80   | 0.04%             | 2038-10-25      | Fixed         | 3.18%                 | No            |                  2 | On Loan: No      |
| SYNEOS HEALTH INC (STAR PARENT INC)                                              | STAR PARENT INC SR SECURED 144A 10/30 9                      | CUSIP: 855170AA4<br>LEI: 254900GRGCJYRMDRWT73 | Long             | DBT              | CORP              | US        |      250000 | PA      | $263267.20    | 0.00%             | 2030-10-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT AUD SOLD USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | AU        |           1 | NC      | $136764.09    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD CNH BOUGHT USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |           1 | NC      | $-67255.57    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD SGD BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |           1 | NC      | $-84481.50    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD THB BOUGHT USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TH        |           1 | NC      | $-1339.90     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD MXN BOUGHT USD 20250917                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | MX        |           1 | NC      | $-78478.06    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BPCE SA                                                                          | BPCE SA 144A 05/31 VAR                                       | CUSIP: 056121AA4<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |     5000000 | PA      | $5092924.30   | 0.09%             | 2031-05-28      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| DELOITTE LLP                                                                     | DELOITTE LLP SR UNSEC B                                      | CUSIP: 955GGZII8<br>LEI: 549300FJV7IV1ZHGAV28 | Long             | DBT              | CORP              | US        |     2000000 | PA      | $2015482.68   | 0.03%             | 2032-01-30      | Fixed         | 5.41%                 | Yes           |                  3 | On Loan: No      |
| OBX 2023-NQM10 TRUST                                                             | ONSLOW BAY FINANCIAL LLC OBX 2023 NQM10 A1 144A              | CUSIP: 67449CAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      694043 | PA      | $700181.20    | 0.01%             | 2063-10-25      | Fixed         | 6.46%                 | No            |                  2 | On Loan: No      |
| PRPM 2024-RCF3 LLC                                                               | PRP ADVISORS, LLC PRPM 2024 RCF3 A1 144A                     | CUSIP: 74390BAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      761227 | PA      | $747452.24    | 0.01%             | 2054-05-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JETBLUE 2020-1 CLASS A PASS THROUGH TRUST                                        | JETBLUE AIRWAYS CORP PASS THRU CE 05/34 4                    | CUSIP: 477164AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      812775 | PA      | $762792.55    | 0.01%             | 2034-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MEXICO GOVT                                                                      | MEXICAN UDIBONOS BONDS 11/28 4                               | CUSIP: ACI0TJTX9<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   255025410 | PA      | $13324736.20  | 0.23%             | 2028-11-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT TWD SOLD USD 20250711                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $679284.34    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| SAXON ASSET SECURITIES TRUST 2007-3                                              | SAXON ASSET SECURITIES TRUST SAST 2007 3 2A3                 | CUSIP: 80557BAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     6401940 | PA      | $5956939.28   | 0.10%             | 2047-09-25      | Floating      | 4.83%                 | No            |                  2 | On Loan: No      |
| CPS AUTO RECEIVABLES TRUST 2024-A                                                | CPS AUTO TRUST CPS 2024 A C 144A                             | CUSIP: 22411CAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1500000 | PA      | $1513212.45   | 0.03%             | 2030-04-15      | Fixed         | 5.74%                 | No            |                  2 | On Loan: No      |
| SOLENIS (OLYMPUS WATER US HOLDING CORPORATION)                                   | OLYMPUS WTR US HLDG CORP SR SECURED 144A 11/28 9.75          | CUSIP: 25259KAA8<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |      100000 | PA      | $105428.00    | 0.00%             | 2028-11-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| CHASE HOME LENDING MORTGAGE TRUST SERIES 2024-RPL2                               | CHASE MORTGAGE FINANCE CORPORA CHASE 2024 RPL2 A1A 144A      | CUSIP: 161930AB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     4622541 | PA      | $4102340.48   | 0.07%             | 2064-08-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| GOLDEN STATE FOODS LLC                                                           | GOLDEN STATE FOOD LLC TERM LOAN B                            | CUSIP: 38121NAC7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     2977575 | PA      | $2995588.96   | 0.05%             | 2031-12-04      | Floating      | 8.56%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT BRL SOLD USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |           1 | NC      | $623969.55    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| COLOMBIAN GOVT                                                                   | TITULOS DE TESORERIA BONDS 02/33 13.25                       | CUSIP: ACI2C9W52<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        | 76145500000 | PA      | $19515354.01  | 0.33%             | 2033-02-09      | Fixed         | 13.25%                | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT TRUST 2023-5                                                      | PAGAYA AI DEBT SELECTION TRUST PAID 2023 5 C 144A            | CUSIP: 69546PAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      761079 | PA      | $764286.27    | 0.01%             | 2031-04-15      | Fixed         | 9.10%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD TWD BOUGHT USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $-190283.70   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD KRW BOUGHT USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KR        |           1 | NC      | $-153609.93   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ANCHORAGE CREDIT FUNDING 2020-10A LTD                                            | ANCHORAGE CREDIT FUNDING LTD. ANCHF 2020 10A AV 144A         | CUSIP: 03332AAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    10200000 | PA      | $10036546.02  | 0.17%             | 2038-04-25      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| ROCKET COMPANIES INC                                                             | ROCKET COS INC COMPANY GUAR 144A 08/30 6.125                 | CUSIP: 77311WAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1200000 | PA      | $1223586.00   | 0.02%             | 2030-08-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| DELOITTE LLP                                                                     | DELOITTE LLP SR UNSEC                                        | CUSIP: 938WPEII2<br>LEI: 549300FJV7IV1ZHGAV28 | Long             | DBT              | CORP              | US        |     2000000 | PA      | $1998535.76   | 0.03%             | 2035-01-30      | Fixed         | 5.59%                 | Yes           |                  3 | On Loan: No      |
| SANTANDER DRIVE AUTO RECEIVABLES TRUST 2023-5                                    | SANTANDER DRIVE AUTO RECEIVABL SDART 2023 5 C                | CUSIP: 80286PAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      500000 | PA      | $518971.25    | 0.01%             | 2031-02-18      | Fixed         | 6.43%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD PEN BOUGHT USD 20250917                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $-26126.89    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| AIR CANADA 2017-1 CLASS AA PASS THROUGH TRUST                                    | AIR CANADA 2017 1AA PTT PASS THRU CE 144A 07/31 3.3          | CUSIP: 00908PAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     1148251 | PA      | $1075917.80   | 0.02%             | 2031-07-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| VB DPR FINANCE COMPANY                                                           | VB DPR FINANCE COMPANY VAKIFBANK DPR 2025 E 4A2 SR SE        | CUSIP: 959DHQII0<br>LEI: 549300Y3LKKHCL3AQW08 | Long             | DBT              | CORP              | US        |     4200000 | PA      | $4117751.23   | 0.07%             | 2035-03-15      | Fixed         | 6.83%                 | Yes           |                  3 | On Loan: No      |
| EVERGY KANSAS CENTRAL INC                                                        | EVERGY KANSAS CENTRAL SR UNSECURED 03/28 4.7                 | CUSIP: 30036FAE1<br>LEI: J75GNWGEO73W89ZV3S44 | Long             | DBT              | CORP              | US        |     4200000 | PA      | $4249839.47   | 0.07%             | 2028-03-13      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                      | BANK OF AMERICA CORP SR UNSECURED 09/29 VAR                  | CUSIP: 06051GLS6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |      600000 | PA      | $625134.54    | 0.01%             | 2029-09-15      | Floating      | 5.82%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | IRS EUR 2.53000 04/23/25-10Y LCH                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | N/A       |           1 | NC      | $19840.65     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| COLT 2022-7 MORTGAGE LOAN TRUST                                                  | COLT FUNDING LLC COLT 2022 7 A1 144A                         | CUSIP: 12663GAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      648845 | PA      | $646185.63    | 0.01%             | 2067-04-25      | Variable      | 5.16%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD HUF BOUGHT USD 20250822                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | HU        |           1 | NC      | $-15233.01    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT PEN SOLD USD 20251031                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $26901.63     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| RAISING CANES RESTAURANTS LLC                                                    | RAISING CANE S RESTAURAN RAISING CANE S RESTAURAN            | CUSIP: 75103AAA3<br>LEI: 254900V6ADXFWHYOED66 | Long             | DBT              | CORP              | US        |      660000 | PA      | $697334.22    | 0.01%             | 2029-05-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                                                 | ALTICE FRANCE SA SR SECURED 144A 02/27 8.125                 | CUSIP: 02156LAA9<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |     5000000 | PA      | $4503775.00   | 0.08%             | 2027-02-01      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| EMBRAER NETHERLANDS FINANCE BV                                                   | EMBRAER NETHERLANDS FINA COMPANY GUAR 02/35 5.98             | CUSIP: 29082HAE2<br>LEI: 724500PBR8LR26XBSP67 | Long             | DBT              | CORP              | NL        |     6500000 | PA      | $6704262.50   | 0.11%             | 2035-02-11      | Fixed         | 5.98%                 | No            |                  2 | On Loan: No      |
| RENAISSANCE HOME EQUITY LOAN TR 2007-1                                           | RENAISSANCE HOME EQUITY LOAN T RAMC 2007 1 AF6               | CUSIP: 75970JAJ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    13613562 | PA      | $3215652.77   | 0.05%             | 2037-04-25      | Variable      | 5.71%                 | No            |                  2 | On Loan: No      |
| FOUNDATION FINANCE TRUST 2025-2A                                                 | FOUNDATION FINANCE TRUST FFIN 2025 2A A 144A                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      500000 | PA      | $499898.05    | 0.01%             | 2052-04-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| EQT CORPORATION                                                                  | EQT CORP SR UNSECURED 144A 01/31 4.75                        | CUSIP: 26884LBC2<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |     7624000 | PA      | $7508525.22   | 0.13%             | 2031-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT BRL SOLD USD 20250903                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |           1 | NC      | $423915.41    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| TRICOLOR AUTO SECURITIZATION TRUST 2024-1                                        | TRICOLOR AUTO SECURITIZATION T TAST 2024 1A A 144A           | CUSIP: 89616LAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      348621 | PA      | $350258.36    | 0.01%             | 2027-10-15      | Fixed         | 6.61%                 | No            |                  2 | On Loan: No      |
| PIMCO FUNDS                                                                      | PIMCO SENIOR LOAN ACTIVE EXCHA PIMCO SENIOR LOAN ACTIVE ETF  | CUSIP: 72201R627<br>LEI: 549300YFT046RNVJXR73 | Long             | EC               | RF                | US        |      372228 | NS      | $18981022.40  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| BOEING CO/THE                                                                    | BOEING CO SR UNSECURED 02/31 3.625                           | CUSIP: 097023DC6<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     1057000 | PA      | $996292.83    | 0.02%             | 2031-02-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD KRW BOUGHT USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KR        |           1 | NC      | $-108.84      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| RAVEN ACQUISITION HOLDINGS LLC                                                   | RAVEN ACQUISITION HOLDINGS LLC DELAYED DRAW TERM LOAN        | CUSIP: 75419XAD6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      133333 | PA      | $133383.34    | 0.00%             | 2031-11-19      | Floating      | 3.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT JPY SOLD USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |           1 | NC      | $624331.31    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| PK ALIFT LOAN FUNDING 4 LP 2024-2                                                | PK ALIFT LOAN FUNDING PKAIR 2024 2 A 144A                    | CUSIP: 69381EAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     6332609 | PA      | $6320628.63   | 0.11%             | 2039-10-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOMBARDIER INC SNR S* ICE                                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $11780.72     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC                                                              | UNITED AIRLINES INC SR SECURED 144A 04/29 4.625              | CUSIP: 90932LAH0<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |     3195000 | PA      | $3103479.86   | 0.05%             | 2029-04-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| SOCAR TURKEY ENERJI AS VIA STEAS FUNDING 1 DAC                                   | SOCAR TURK ENRG FUNDING COMPANY GUAR REGS 03/26 7.23         | CUSIP: ACI25FN49<br>LEI: 213800EHE74BZ15ING86 | Long             | DBT              | CORP              | IE        |     4700000 | PA      | $4669177.21   | 0.08%             | 2026-03-17      | Fixed         | 7.23%                 | No            |                  2 | On Loan: No      |
| VEROS AUTO RECEIVABLES TRUST 2025-1                                              | VEROS AUTO RECEIVABLES TRUST VEROS 2025 1 A 144A             | CUSIP: 92511BAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    22969623 | PA      | $23003112.28  | 0.39%             | 2028-09-15      | Fixed         | 5.31%                 | No            |                  2 | On Loan: No      |
| ENI SPA                                                                          | ENI SPA ENI SPA                                              | CUSIP: 26874RAN8<br>LEI: BUCRF72VH5RBN7X3VL35 | Long             | DBT              | CORP              | IT        |     8490000 | PA      | $8559298.86   | 0.15%             | 2034-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                                                        | BLOCK INC SR UNSECURED 05/32 6.5                             | CUSIP: 852234AS2<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |     6837000 | PA      | $7058368.39   | 0.12%             | 2032-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FORESEA HOLDING SA                                                               | FORESEA HOLDING SA SR SECURED REGS 06/30 7.5                 | CUSIP: L26915AA3<br>LEI: 254900BAD50AKYGIMV79 | Long             | DBT              | CORP              | LU        |     3200000 | PA      | $3043544.00   | 0.05%             | 2030-06-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| OCTAGON 64 2022-1A LTD                                                           | OCTAGON 64 LTD OCT64 2022 1A A1R 144A                        | CUSIP: 67579AAW7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    40000000 | PA      | $39974173.20  | 0.68%             | 2035-07-21      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT INR SOLD USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |           1 | NC      | $8133.51      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BHG SECURITIZATION TRUST 2025-1CON                                               | BANKERS HEALTHCARE GROUP SECUR BHG 2025 1CON A 144A          | CUSIP: 08860AAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     9400690 | PA      | $9465464.76   | 0.16%             | 2036-04-17      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| CDW LLC / CDW FINANCE CORP                                                       | CDW LLC/CDW FINANCE CDW LLC/CDW FINANCE                      | CUSIP: 12513GBL2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3757000 | PA      | $3751308.78   | 0.06%             | 2034-08-22      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| BHG SECURITIZATION TRUST 2025-1CON                                               | BANKERS HEALTHCARE GROUP SECUR BHG 2025 1CON B 144A          | CUSIP: 08860AAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    12400000 | PA      | $12509730.08  | 0.21%             | 2036-04-17      | Fixed         | 5.26%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD CNH BOUGHT USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |           1 | NC      | $-27935.11    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.50000 09/17/25-30Y LCH                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |           1 | NC      | $3320705.96   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT SGD SOLD USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |           1 | NC      | $187306.86    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD SGD BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |           1 | NC      | $-770.68      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST 2025-RPL3                                    | GS MORTGAGE BACKED SECURITIES GSMBS 2025 RPL3 A1 144A        | CUSIP: 362963AA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1000000 | PA      | $962699.50    | 0.02%             | 2065-07-25      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| REACH ABS TRUST 2024-2A                                                          | REACH FINANCIAL LLC REACH 2024 2A B 144A                     | CUSIP: 75525HAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     5000000 | PA      | $5061349.00   | 0.09%             | 2031-07-15      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| PRPM 2024-7 LLC                                                                  | PRP ADVISORS, LLC PRPM 2024 7 A1 144A                        | CUSIP: 74448LAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     8134936 | PA      | $8138639.18   | 0.14%             | 2029-11-25      | Fixed         | 5.87%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                                                               | VICI PROPERTIES LP SR UNSECURED 11/31 5.125                  | CUSIP: 925650AH6<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |     7110000 | PA      | $7123804.78   | 0.12%             | 2031-11-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| GSAA HOME EQUITY TRUST 2005-12                                                   | GSAA HOME EQUITY TRUST GSAA 2005 12 AF5                      | CUSIP: 362341ST7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     3049081 | PA      | $2033076.01   | 0.03%             | 2035-09-25      | Variable      | 6.16%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT THB SOLD USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TH        |           1 | NC      | $29312.57     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GS MORTGAGE SECURITIES TRUST 2020-DUNE                                           | GS MORTGAGE SECURITIES TRUST GSMS 2020 DUNE A 144A           | CUSIP: 36258BAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     6280531 | PA      | $6269903.52   | 0.11%             | 2036-12-15      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| MATADOR RESOURCES COMPANY                                                        | MATADOR RESOURCES CO COMPANY GUAR 144A 04/33 6.25            | CUSIP: 576485AH9<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |     1000000 | PA      | $995107.10    | 0.02%             | 2033-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                                                               | VICI PROPERTIES LP SR UNSECURED 04/34 5.75                   | CUSIP: 925650AF0<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |     2725000 | PA      | $2787264.12   | 0.05%             | 2034-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| IVORY COAST GOVT (AKA: COTE D'IVOIRE)                                            | IVORY COAST SR UNSECURED REGS 01/32 4.875                    | CUSIP: ACI1T3QV9<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |     3850000 | PA      | $4071531.05   | 0.07%             | 2032-01-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CITIGROUP MTGE LOAN TR INC 2007-SHL1                                             | CITIGROUP MORTGAGE LOAN TRUST CMLTI 2007 SHL1 A 144A         | CUSIP: 17312WAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      376369 | PA      | $370374.53    | 0.01%             | 2046-11-25      | Floating      | 4.83%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD CNH BOUGHT USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |           1 | NC      | $-9758.72     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD JPY BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |           1 | NC      | $-40469.98    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                                                             | LIFEPOINT HEALTH INC 2024 INCREMENTAL TERM LOAN B1           | CUSIP: 75915TAL6<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | LON              | CORP              | US        |      794010 | PA      | $783163.82    | 0.01%             | 2031-05-19      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| EGYPTIAN GOVT                                                                    | ARAB REPUBLIC OF EGYPT SR UNSECURED REGS 04/31 6.375         | CUSIP: ACI1B3V91<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     4850000 | PA      | $5313546.31   | 0.09%             | 2031-04-11      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| FORWARD AIR CORPORATION                                                          | CLUE OPCO LLC SR SECURED 144A 10/31 9.5                      | CUSIP: 36267QAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      400000 | PA      | $424432.00    | 0.01%             | 2031-10-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| CDW LLC / CDW FINANCE CORP                                                       | CDW LLC/CDW FINANCE COMPANY GUAR 12/31 3.569                 | CUSIP: 12513GBJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     9125000 | PA      | $8405115.06   | 0.14%             | 2031-12-01      | Fixed         | 3.57%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT TRUST 2025-1                                                      | PAGAYA AI DEBT SELECTION TRUST PAID 2025 1 A2 144A           | CUSIP: 69544NAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     5499530 | PA      | $5516292.43   | 0.09%             | 2032-07-15      | Fixed         | 5.16%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD TWD BOUGHT USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $-2739716.51  | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| SANTANDER DRIVE AUTO RECEIVABLES TRUST 2025-2                                    | SANTANDER DRIVE AUTO RECEIVABL SDART 2025 2 C                | CUSIP: 80287NAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    20000000 | PA      | $20265344.00  | 0.35%             | 2031-05-15      | Fixed         | 5.06%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE CONNECTICUT AVENUE SECURITIES TRUST 2022-R03                          | FANNIE MAE   CAS CAS 2022 R03 1B2 144A                       | CUSIP: 20753XAJ3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     5000000 | PA      | $5602212.00   | 0.10%             | 2042-03-25      | Floating      | 14.16%                | No            |                  2 | On Loan: No      |
| CDW LLC / CDW FINANCE CORP                                                       | CDW LLC/CDW FINANCE COMPANY GUAR 03/30 5.1                   | CUSIP: 12513GBK4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     7670000 | PA      | $7729826.00   | 0.13%             | 2030-03-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| ELECTRICITE DE FRANCE SA (EDF)                                                   | ELECTRICITE DE FRANCE SA SR UNSECURED 144A 09/38 4.875       | CUSIP: 268317AV6<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |     8289000 | PA      | $7668851.25   | 0.13%             | 2038-09-21      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                      | BANK OF AMERICA CORP SR UNSECURED 04/31 VAR                  | CUSIP: 06051GJB6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     5000000 | PA      | $4572346.65   | 0.08%             | 2031-04-29      | Floating      | 2.59%                 | No            |                  2 | On Loan: No      |
| GSAA HOME EQUITY TRUST 2007-5                                                    | GSAA HOME EQUITY TRUST GSAA 2007 5 1AV1                      | CUSIP: 3622ECAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     7936100 | PA      | $2773635.28   | 0.05%             | 2037-05-25      | Floating      | 4.53%                 | No            |                  2 | On Loan: No      |
| GCAT 2023-NQM4 TRUST                                                             | GCAT GCAT 2023 NQM4 A1 144A                                  | CUSIP: 36171FAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     2807338 | PA      | $2669982.05   | 0.05%             | 2067-05-25      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| DIRECT CHASSISLINK (DCLI BIDCO LLC)                                              | DCLI BIDCO LLC 2ND MORTGAGE 144A 11/29 7.75                  | CUSIP: 233104AA6<br>LEI: 2549007UUVJTHHNK9T70 | Long             | DBT              | CORP              | US        |     4250000 | PA      | $4308663.18   | 0.07%             | 2029-11-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| FHF ISSUER TRUST 2025-1A                                                         | FIRST HELP FINANCIAL LLC FHF 2025 1A A2 144A                 | CUSIP: 30340RAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    20000000 | PA      | $20071568.00  | 0.34%             | 2031-02-15      | Fixed         | 4.92%                 | No            |                  2 | On Loan: No      |
| OPORTUN ISSUANCE TRUST 2025-A                                                    | OPORTUN FUNDING LLC OPTN 2025 A A 144A                       | CUSIP: 68377TAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     7300000 | PA      | $7297801.24   | 0.12%             | 2033-02-08      | Fixed         | 5.01%                 | No            |                  2 | On Loan: No      |
| SEC ASSET BACKED REC LLC 2005-OP2                                                | SECURITIZED ASSET BACKED RECEI SABR 2005 OP2 M4              | CUSIP: 81375WHC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     3150500 | PA      | $2284159.44   | 0.04%             | 2035-10-25      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| FOURSIGHT CAPITAL AUTOMOBILE RECEIVABLES TRUST 2024-1                            | FOURSIGHT CAPITAL AUTOMOBILE R FCRT 2024 1 A2 144A           | CUSIP: 35105AAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      853464 | PA      | $856847.61    | 0.01%             | 2029-01-16      | Fixed         | 5.49%                 | No            |                  2 | On Loan: No      |
| SOFI CONSUMER LOAN PROGRAM 2025-1 TRUST                                          | SOFI CONSUMER LOAN PROGRAM TRU SCLP 2025 1 A 144A            | CUSIP: 83406YAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    12343736 | PA      | $12370472.45  | 0.21%             | 2034-02-27      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| FLEX INTERMEDIATE HOLDCO LLC                                                     | FLEX INTERMEDIATE HOLDCO SR SECURED 144A 06/31 3.363         | CUSIP: 33939HAA7<br>LEI: 549300290TQIGM30A243 | Long             | DBT              | CORP              | US        |     7787000 | PA      | $6925172.06   | 0.12%             | 2031-06-30      | Fixed         | 3.36%                 | No            |                  2 | On Loan: No      |
| BAIN CAPITAL CREDIT CLO 2021-4 LTD                                               | BAIN CAPITAL CREDIT CLO, LIMIT BCC 2021 4A A1R 144A          | CUSIP: 05685AAQ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    20000000 | PA      | $20048573.20  | 0.34%             | 2034-10-20      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | IRS EUR 2.52000 04/09/25-10Y LCH                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | N/A       |           1 | NC      | $10126.32     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LIVE NATION ENTERTAINMENT INC                                                    | LIVE NATION ENTERTAINMEN SR SECURED 144A 01/28 3.75          | CUSIP: 538034AX7<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |    10112000 | PA      | $9810092.08   | 0.17%             | 2028-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD TWD BOUGHT USD 20250703                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $64.08        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CALIFORNIA STATE UNIVERSITY                                                      | CALIFORNIA ST UNIV REVENUE CASHGR 11/51 FIXED 2.975          | CUSIP: 13077DKU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      215000 | PA      | $144114.95    | 0.00%             | 2051-11-01      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM8 TRUST                                                              | ONSLOW BAY FINANCIAL LLC OBX 2024 NQM8 A1 144A               | CUSIP: 67119CAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     2633739 | PA      | $2664303.31   | 0.05%             | 2064-05-25      | Fixed         | 6.23%                 | No            |                  2 | On Loan: No      |
| REACH ABS TRUST 2024-1A                                                          | REACH FINANCIAL LLC REACH 2024 1A B 144A                     | CUSIP: 75526PAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      950000 | PA      | $960704.98    | 0.02%             | 2031-02-18      | Fixed         | 6.29%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD TRY BOUGHT USD 20250718                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TR        |           1 | NC      | $-51402.49    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | ELEVANCE HEALTH INC SR UNSECURED 02/35 5.2                   | CUSIP: 036752BD4<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     4700000 | PA      | $4751551.86   | 0.08%             | 2035-02-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| CSMC 2018-RPL9 TRUST                                                             | CREDIT SUISSE MORTGAGE TRUST CSMC 2018 RPL9 A2 144A          | CUSIP: 12654PAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1000000 | PA      | $945367.90    | 0.02%             | 2057-09-25      | Variable      | 3.96%                 | No            |                  2 | On Loan: No      |
| ACE SECURITIES CORP 2005-SD3                                                     | ACE SECURITIES CORP. ACE 2005 SD3 M2                         | CUSIP: 004421TR4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     7570053 | PA      | $6781912.06   | 0.12%             | 2045-08-25      | Floating      | 6.68%                 | No            |                  2 | On Loan: No      |
| CIM TRUST 2019-R1                                                                | CIM TRUST CIM 2019 R1 A 144A                                 | CUSIP: 12555VAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1055798 | PA      | $961321.06    | 0.02%             | 2058-10-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT CNH SOLD USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |           1 | NC      | $168139.12    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                               | SOUTHERN CAL EDISON SOUTHERN CAL EDISON                      | CUSIP: 842400HZ9<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     3000000 | PA      | $2911547.22   | 0.05%             | 2034-06-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| OPORTUN ISSUANCE TRUST 2025-1                                                    | OPORTUN FUNDING LLC OPTN 2025 1 C 144A                       | CUSIP: 68377PAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     2000000 | PA      | $2008256.00   | 0.03%             | 2032-08-16      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| UNICREDIT SPA                                                                    | UNICREDIT SPA SUBORDINATED 144A 04/34 VAR                    | CUSIP: 904678AQ2<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |      300000 | PA      | $317432.26    | 0.01%             | 2034-04-02      | Floating      | 7.30%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT NOK SOLD USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NO        |           1 | NC      | $419.93       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HANNON ARMSTRONG (HAT HOLDINGS I LLC / HAT HOLDINGS II LLC)                      | HAT HOLDINGS I LLC/HAT COMPANY GUAR 144A 06/27 8             | CUSIP: 418751AL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1650000 | PA      | $1721080.35   | 0.03%             | 2027-06-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| GCAT 2024-NQM1 TRUST                                                             | GCAT GCAT 2024 NQM1 A1 144A                                  | CUSIP: 36169HAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      660256 | PA      | $663095.92    | 0.01%             | 2059-01-25      | Fixed         | 6.01%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT SGD SOLD USD 20250805                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |           1 | NC      | $1227.75      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SMRT 2022-MINI                                                                   | SMRT SMRT 2022 MINI A 144A                                   | CUSIP: 78457JAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1500000 | PA      | $1495064.85   | 0.03%             | 2039-01-15      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                             | PROJECT FLASH TERM LOAN 1                                    | CUSIP: BA000KZ61<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | LON              | CORP              | US        |     3000000 | PA      | $3000000.00   | 0.05%             | 2030-04-30      | Floating      | 0.00%                 | No            |                  3 | On Loan: No      |
| MERRILL LYNCH ALTERNATIVE NT 2007-OAR2                                           | MERRILL LYNCH ALTERNATIVE NOTE MANA 2007 OAR2 A2             | CUSIP: 59024BAB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      788178 | PA      | $619795.00    | 0.01%             | 2037-04-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| DRIVE AUTO RECEIVABLES TRUST 2025-1                                              | DRIVE AUTO RECEIVABLES TRUST DRIVE 2025 1 C                  | CUSIP: 262102AE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    13300000 | PA      | $13395991.42  | 0.23%             | 2032-09-15      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| PETSMART INC / PETSMART FINANCE CORP                                             | PETSMART INC/PETSMART FI SR SECURED 144A 02/28 4.75          | CUSIP: 71677KAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2350000 | PA      | $2293633.70   | 0.04%             | 2028-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD ZAR BOUGHT USD 20250723                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |           1 | NC      | $-172406.99   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UPSTART PASS-THROUGH TRUST SERIES 2022-SB1                                       | UPSTART PASS THROUGH TRUST UPSPT 2022 SB1 A 144A             | CUSIP: 91682PAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      648143 | PA      | $658127.34    | 0.01%             | 2028-10-20      | Fixed         | 7.90%                 | No            |                  2 | On Loan: No      |
| CREDICORP CAPITAL SOCIEDAD TITULIZADORA SA                                       | CREDICORP CAPITAL SOCIED LOCAL GOVT G 144A REGS 12/43 1      | CUSIP: 224939AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | PE        |     8500000 | PA      | $2549400.14   | 0.04%             | 2043-12-15      | Fixed         | 10.10%                | No            |                  2 | On Loan: No      |
| MARICOPA COUNTY INDUSTRIAL DEV                                                   | MARICOPA CNTY AZ INDL DEV AUTH MAREDU 10/29 FIXED 7.375      | CUSIP: 56681NJD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     3000000 | PA      | $3108630.90   | 0.05%             | 2029-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CRC INSURANCE GROUP LLC                                                          | TRUIST INSURANCE HOLDINGS LLC 2024 TERM LOAN B               | CUSIP: 89788VAG7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      459677 | PA      | $460442.78    | 0.01%             | 2031-05-06      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| JANE STREET GROUP / JSG FINANCE INC                                              | JANE STREET GRP/JSG FIN JANE STREET GRP/JSG FIN              | CUSIP: 47077WAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1100000 | PA      | $1158170.20   | 0.02%             | 2031-04-30      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST 2022-R05                                     | FANNIE MAE   CAS CAS 2022 R05 2B2 144A                       | CUSIP: 20754DAJ6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     5800000 | PA      | $6281727.12   | 0.11%             | 2042-04-25      | Floating      | 11.31%                | No            |                  2 | On Loan: No      |
| TRICOLOR AUTO SECURITIZATION TRUST 2024-2                                        | TRICOLOR AUTO SECURITIZATION T TAST 2024 2A A 144A           | CUSIP: 89616PAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      414204 | PA      | $415529.63    | 0.01%             | 2027-12-15      | Fixed         | 6.36%                 | No            |                  2 | On Loan: No      |
| VMWARE LLC                                                                       | VMWARE LLC SR UNSECURED 08/31 2.2                            | CUSIP: 928563AL9<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |     9786000 | PA      | $8497207.78   | 0.15%             | 2031-08-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                                                           | DIAMONDBACK ENERGY INC COMPANY GUAR 04/35 5.55               | CUSIP: 25278XBC2<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |     9000000 | PA      | $9101774.16   | 0.16%             | 2035-04-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD TWD BOUGHT USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $-303842.69   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| YINSON PRODUCTION FINANCIAL SERVICES PTE LTD                                     | YINSON PRODUCTION FINANC SR SECURED 144A REGS 05/29 9.6      | CUSIP: ACI2NT341<br>LEI: 254900TYMSC94RS33U73 | Long             | DBT              | CORP              | SG        |     2900000 | PA      | $3014858.39   | 0.05%             | 2029-05-03      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2024-E                                          | SMB PRIVATE EDUCATION LOAN TRU SMB 2024 E A1A 144A           | CUSIP: 78450XAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     2049893 | PA      | $2072537.78   | 0.04%             | 2056-10-16      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST INC                                                      | STARWOOD PROPERTY TRUST SR UNSECURED 144A 07/30 6.5          | CUSIP: 85571BBD6<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |     3000000 | PA      | $3100605.00   | 0.05%             | 2030-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | IRS HUF 6.65000 03/13/25-5Y CME                              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | HU        |           1 | NC      | $269784.58    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JP MORGAN SEASONED MORTGAGE TRUST 2025-1                                         | JP MORGAN SEASONED MORTGAGE TR JPSMT 2025 1 A4 144A          | CUSIP: 46659PAG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1000000 | PA      | $937859.70    | 0.02%             | 2063-01-25      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| HSI ASSET SECURI CORP TRUS 2007-NC1                                              | HSI ASSET SECURITIZATION CORPO HASC 2007 NC1 A4              | CUSIP: 40430TAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     4225578 | PA      | $2757447.81   | 0.05%             | 2037-04-25      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PARTNERS LP / ANTERO MIDSTREAM FINANCE CORP                     | ANTERO MIDSTREAM PART/FI COMPANY GUAR 144A 03/27 5.75        | CUSIP: 03690AAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      260000 | PA      | $259844.60    | 0.00%             | 2027-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CROSS 2024-H8 MORTGAGE TRUST                                                     | CROSS MORTGAGE TRUST CROSS 2024 H8 A1 144A                   | CUSIP: 22757GAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     4846148 | PA      | $4871454.07   | 0.08%             | 2069-12-25      | Variable      | 5.55%                 | No            |                  2 | On Loan: No      |
| AIR CANADA 2015-1 CLASS A PASS THROUGH TRUST                                     | AIR CANADA 2015 1A PTT PASS THRU CE 144A 09/28 3.6           | CUSIP: 009090AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |      330076 | PA      | $322539.63    | 0.01%             | 2028-09-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| PRPM 2024-RCF6 LLC                                                               | PRP ADVISORS, LLC PRPM 2024 RCF6 A1 144A                     | CUSIP: 74390FAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1680197 | PA      | $1640858.30   | 0.03%             | 2054-10-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD BRL BOUGHT USD 20251002                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |           1 | NC      | $-42251.02    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| VIKING OCEAN CRUISES (VOC ESCROW LTD)                                            | VOC ESCROW LTD SR SECURED 144A 02/28 5                       | CUSIP: 91832VAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      705000 | PA      | $701879.39    | 0.01%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PROPERTIES LP / RHP FINANCE CORP                                       | RHP HOTEL PPTY/RHP FINAN COMPANY GUAR 144A 06/33 6.5         | CUSIP: 749571AL9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     8000000 | PA      | $8234968.00   | 0.14%             | 2033-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD PEN BOUGHT USD 20251229                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $-102127.59   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PANAMA GOVT                                                                      | REPUBLIC OF PANAMA EUR TERM LOAN 2                           | CUSIP: BA000HCH9<br>LEI: 549300SHS4T08CL0LP14 | Long             | LON              | NUSS              | IE        |     7600000 | PA      | $8994179.93   | 0.15%             | 2027-04-01      | Floating      | 4.80%                 | No            |                  3 | On Loan: No      |
| GSAMP TRUST 2005-WMC1                                                            | GSAMP TRUST GSAMP 2005 WMC1 M1                               | CUSIP: 362341PU7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1343676 | PA      | $1328908.10   | 0.02%             | 2035-09-25      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT TWD SOLD USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $34133.15     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BEAR STEARNS MTGE FUND TR 2006-AR1                                               | BEAR STEARNS MORTGAGE FUNDING BSMF 2006 AR1 1A1              | CUSIP: 07401LAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      730317 | PA      | $681647.43    | 0.01%             | 2036-07-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| ANCHORAGE CREDIT FUNDING 2019-9A LTD                                             | ANCHORAGE CREDIT FUNDING LTD. ANCHF 2019 9A AV 144A          | CUSIP: 03330HAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    10741217 | PA      | $10532357.61  | 0.18%             | 2037-10-25      | Fixed         | 3.79%                 | No            |                  2 | On Loan: No      |
| PIKES PEAK CLO 2018-2A                                                           | PIKES PEAK CLO PIPK 2018 2A ARR 144A                         | CUSIP: 72133JAY3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    18000000 | PA      | $18017175.78  | 0.31%             | 2034-10-11      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| NOMURA HOME EQUITY LOAN INC 2007-1                                               | NOMURA HOME EQUITY LOAN INC NHELI 2007 1 1A4                 | CUSIP: 65537KAY6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1191881 | PA      | $333518.94    | 0.01%             | 2037-02-25      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| ALLY BANK AUTO CREDIT-LINKED NOTES SERIES 2024-A                                 | ALLY BANK AUTO CREDIT LINKED N ABCLN 2024 A D 144A           | CUSIP: 02007GZ71<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      307860 | PA      | $311118.68    | 0.01%             | 2032-05-17      | Fixed         | 6.32%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT GBP SOLD USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | GB        |           1 | NC      | $112859.97    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| NOVOLEX (CLYDESDALE ACQUISITION HOLDINGS INC)                                    | CLYDESDALE ACQUISITION SR SECURED 144A 04/32 6.75            | CUSIP: 18972EAD7<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |     8950000 | PA      | $9190700.05   | 0.16%             | 2032-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | MORGAN STANLEY 03/35 1                                       | CUSIP: ACI2NCY69<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     1000000 | PA      | $1205465.11   | 0.02%             | 2035-03-21      | Floating      | 3.96%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2023-INV1                                             | VERUS SECURITIZATION TRUST VERUS 2023 INV1 A1 144A           | CUSIP: 92539FAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      764911 | PA      | $765238.96    | 0.01%             | 2068-02-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| INGRAM MICRO INC                                                                 | IMOLA MERGER CORP SR SECURED 144A 05/29 4.75                 | CUSIP: 45258LAA5<br>LEI: 549300KJMEWPKRQZHX63 | Long             | DBT              | CORP              | US        |     2333000 | PA      | $2253975.22   | 0.04%             | 2029-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT JPY SOLD USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |           1 | NC      | $-219.28      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA INC                                                       | SANTANDER HOLDINGS USA SR UNSECURED 01/30 VAR                | CUSIP: 80282KBJ4<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |      500000 | PA      | $520533.16    | 0.01%             | 2030-01-09      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT GRANTOR TRUST 2024-11                                             | PAGAYA AI DEBT SELECTION TRUST PAID 2024 11 A 144A           | CUSIP: 69544AAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     6018715 | PA      | $6029444.34   | 0.10%             | 2032-07-15      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT JPY SOLD USD 20250804                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |           1 | NC      | $1076.88      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD SGD BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |           1 | NC      | $-123.56      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOFTBANK GROUP CORP SNR JP SP GST                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-39311.18    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CHASE HOME LENDING MORTGAGE TRUST SERIES 2024-RPL4                               | CHASE MORTGAGE FINANCE CORPORA CHASE 2024 RPL4 A1A 144A      | CUSIP: 16160NAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    13201664 | PA      | $11825450.21  | 0.20%             | 2064-12-25      | Variable      | 3.38%                 | No            |                  2 | On Loan: No      |
| FTAI AVIATION INVESTORS LLC                                                      | FORTRESS TRANS + INFRAST COMPANY GUAR 144A 05/28 5.5         | CUSIP: 34960PAD3<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |     1430000 | PA      | $1423197.35   | 0.02%             | 2028-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW CENTURY HOME EQUITY LOAN TR 2006-1                                           | NEW CENTURY HOME EQUITY LOAN T NCHET 2006 1 A2C              | CUSIP: 64352VQS3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1500000 | PA      | $1401745.65   | 0.02%             | 2036-05-25      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| PERU GOVT                                                                        | REPUBLIC OF PERU SR UNSECURED 144A 08/37 6.9                 | CUSIP: 715638AV4<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |     7100000 | PA      | $2042795.77   | 0.03%             | 2037-08-12      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| PK ALIFT LOAN FUNDING 6 LP 2025-1                                                | PK ALIFT LOAN FUNDING PKAIR 2025 1 A 144A                    | CUSIP: 69291YAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    20000000 | PA      | $20092900.00  | 0.34%             | 2042-11-15      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL INC                                                       | MARRIOTT INTERNATIONAL SR UNSECURED 04/32 5.1                | CUSIP: 571903BT9<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    10955000 | PA      | $11084855.42  | 0.19%             | 2032-04-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| GLOBAL MEDICAL RESPONSE INC                                                      | GLOBAL MEDICAL RESPONSE SR SECURED 144A 10/28 9.5            | CUSIP: 37960BAB1<br>LEI: 549300ZFWD4ZFCEJCQ87 | Long             | DBT              | CORP              | US        |     1961190 | PA      | $1969721.18   | 0.03%             | 2028-10-31      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.30000 12/02/24-29Y* CME                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |           1 | NC      | $1980964.56   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP/MEDLINE CO-ISSUER INC                                        | MEDLINE BORROWER/MEDL CO SR SECURED 144A 04/29 6.25          | CUSIP: 58506DAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2862000 | PA      | $2943664.31   | 0.05%             | 2029-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 07/25 0.00000                                  | CUSIP: 912797PG6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     5755000 | PA      | $5735111.70   | 0.10%             | 2025-07-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD SGD BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |           1 | NC      | $-151.81      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FIRST FRANKLIN MTG LOAN ASSET 2004-FF6                                           | FIRST FRANKLIN MTG LOAN ASSET FFML 2004 FF6 M2               | CUSIP: 32027NKK6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      273499 | PA      | $274629.20    | 0.00%             | 2034-07-25      | Floating      | 6.31%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT IDR SOLD USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ID        |           1 | NC      | $7765.94      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                                    | BOEING CO SR UNSECURED 02/26 2.196                           | CUSIP: 097023DG7<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     2300000 | PA      | $2264427.10   | 0.04%             | 2026-02-04      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| VFH PARENT LLC / VALOR CO-ISSUER INC                                             | VFH PARENT / VALOR CO VFH PARENT / VALOR CO                  | CUSIP: 91824YAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2169000 | PA      | $2277751.49   | 0.04%             | 2031-06-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | IRS EUR 2.51000 04/09/25-10Y LCH                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | N/A       |           1 | NC      | $22621.54     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | PEMEX LCDS SP DUB                                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $20637.65     | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| N/A                                                                              | IRS CZK 4.27000 08/01/23-5Y CME                              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | CZ        |           1 | NC      | $98885.26     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| RESEARCH-DRIVEN PAGAYA MOTOR ASSET TRUST 2023-3A LLC                             | RESEARCH DRIVEN PAGAYA MOTOR A RPM 2023 3A A 144A            | CUSIP: 76089RAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      563012 | PA      | $565112.34    | 0.01%             | 2032-01-26      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| ALBION FINANCING 1 SARL / AGGREKO HOLDINGS INC                                   | ALBION FINANCING 1SARL / SR SECURED 144A 05/30 7             | CUSIP: 01330AAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    12115000 | PA      | $12393975.25  | 0.21%             | 2030-05-21      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT BRL SOLD USD 20250903                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |           1 | NC      | $68792.53     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JP MORGAN SEASONED MORTGAGE TRUST 2024-1                                         | JP MORGAN SEASONED MORTGAGE TR JPSMT 2024 1 A3 144A          | CUSIP: 61777HAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1906972 | PA      | $1829147.61   | 0.03%             | 2063-01-25      | Variable      | 4.45%                 | No            |                  2 | On Loan: No      |
| AXON ENTERPRISE INC                                                              | AXON ENTERPRISE INC SR UNSECURED 144A 03/30 6.125            | CUSIP: 05464CAC5<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |    11970000 | PA      | $12339394.20  | 0.21%             | 2030-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD EUR BOUGHT USD 20250804                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |           1 | NC      | $-1174463.94  | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| MEDIAPRO (SUBCALIDORA 2 SARL)                                                    | SUBCALIDORA 2 2024 EUR TERM LOAN                             | CUSIP: BA0007DG2<br>LEI: N/A                  | Long             | LON              | CORP              | ES        |     2000000 | PA      | $2367680.80   | 0.04%             | 2029-08-14      | Floating      | 7.73%                 | No            |                  3 | On Loan: No      |
| N/A                                                                              | SOLD TWD BOUGHT USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $-20979.95    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| VOYA CLO 2019-2A LTD                                                             | VOYA CLO LTD VOYA 2019 2A AR 144A                            | CUSIP: 92917RAL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      474278 | PA      | $474630.74    | 0.01%             | 2032-07-20      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                             | FNMA TBA 30 YR 6.5 SINGLE FAMILY MORTGAGE                    | CUSIP: 01F062689<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   694950000 | PA      | $716569498.38 | 12.23%            | 2054-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| STRUCTURED ASSET SEC CORP 2005-NC1                                               | STRUCTURED ASSET SECURITIES CO SASC 2005 NC1 M5              | CUSIP: 86359BZ53<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      824941 | PA      | $818137.59    | 0.01%             | 2035-02-25      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| LENDBUZZ SECURITIZATION TRUST 2025-1A                                            | LENDBUZZ SECURITIZATION TRUST LBZZ 2025 1A A2 144A           | CUSIP: 525938AC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     4800000 | PA      | $4817607.84   | 0.08%             | 2030-10-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD NOK BOUGHT USD 20250804                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NO        |           1 | NC      | $-423.40      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD CNH BOUGHT USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |           1 | NC      | $-12262.77    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| RENAISSANCE HOME EQUITY LOAN TR 2007-1                                           | RENAISSANCE HOME EQUITY LOAN T RAMC 2007 1 AF5               | CUSIP: 75970JAH9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    46053710 | PA      | $11259860.41  | 0.19%             | 2037-04-25      | Variable      | 5.91%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE ALT-A SECURITIES INC MORTGAGE LOAN TRUST 2007-2                         | DEUTSCHE ALT A SECURITIES INC DBALT 2007 2 2A1               | CUSIP: 25152BAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     5969841 | PA      | $5127489.52   | 0.09%             | 2047-09-25      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2024-INV1                                             | VERUS SECURITIZATION TRUST VERUS 2024 INV1 A1 144A           | CUSIP: 92540FAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     9722978 | PA      | $9818897.51   | 0.17%             | 2069-03-25      | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| CROSS 2024-H4 MORTGAGE TRUST                                                     | CROSS MORTGAGE TRUST CROSS 2024 H4 A1 144A                   | CUSIP: 22758HAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     3337831 | PA      | $3370031.44   | 0.06%             | 2069-07-25      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| FREMONT HOME LOAN TRUST 2006-B                                                   | FREMONT HOME LOAN TRUST FHLT 2006 B 1A                       | CUSIP: 35729QAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     8234402 | PA      | $3369389.01   | 0.06%             | 2036-08-25      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT PEN SOLD USD 20251110                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $95935.33     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ASSET-BACKED CERTS 2005-1                                            | COUNTRYWIDE ASSET BACKED CERTI CWL 2005 1 MF1                | CUSIP: 126673WE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      342035 | PA      | $340379.03    | 0.01%             | 2035-07-25      | Variable      | 5.46%                 | No            |                  2 | On Loan: No      |
| PRPM 2024-RCF1 LLC                                                               | PRP ADVISORS, LLC PRPM 2024 RCF1 A1 144A                     | CUSIP: 693581AA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1623016 | PA      | $1592826.35   | 0.03%             | 2054-01-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD SGD BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |           1 | NC      | $-1198.71     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD ZAR BOUGHT USD 20250723                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |           1 | NC      | $-71480.37    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| COTY INC                                                                         | COTY INC SR SECURED 144A 04/26 5                             | CUSIP: 222070AE4<br>LEI: 549300BO9IWPF3S48F93 | Long             | DBT              | CORP              | US        |       57000 | PA      | $57175.99     | 0.00%             | 2026-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILPT COMMERCIAL MORTGAGE TRUST 2022-LPF2                                         | ILPT COMMERCIAL MORTGAGE TRUST ILPT 2022 LPF2 A 144A         | CUSIP: 449652AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1878000 | PA      | $1878809.79   | 0.03%             | 2039-10-15      | Floating      | 6.56%                 | No            |                  2 | On Loan: No      |
| QXO BUILDING PRODUCTS INC                                                        | QXO BUILDING PRODUCTS SR SECURED 144A 04/32 6.75             | CUSIP: 74825NAA5<br>LEI: 549300HDXQWWCBOYXP31 | Long             | DBT              | CORP              | US        |     6956000 | PA      | $7183475.11   | 0.12%             | 2032-04-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| AG TRUST 2024-NLP                                                                | AG TRUST AG 2024 NLP A 144A                                  | CUSIP: 00792MAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     7365068 | PA      | $7388764.46   | 0.13%             | 2041-07-15      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HOLDINGS PLC                                                  | SANTANDER UK GROUP HLDGS SR UNSECURED 11/28 VAR              | CUSIP: 80281LAG0<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |      800000 | PA      | $784203.35    | 0.01%             | 2028-11-03      | Floating      | 3.82%                 | No            |                  2 | On Loan: No      |
| SLM STUDENT LOAN TRUST 2004-5X                                                   | SLM STUDENT LOAN TRUST SLMA 2004 5X A6 REGS                  | CUSIP: B02JZGII4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1132566 | PA      | $1244520.69   | 0.02%             | 2039-10-25      | Floating      | 2.56%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT INR SOLD USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |           1 | NC      | $829.93       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                                                               | ROYALTY PHARMA PLC COMPANY GUAR 09/25 1.2                    | CUSIP: 78081BAH6<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |      155000 | PA      | $153981.98    | 0.00%             | 2025-09-02      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD TWD BOUGHT USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $-298102.44   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC/CHARTER COMMUNICATIONS OPERATING CAPITAL    | CHARTER COMM OPT LLC/CAP SR SECURED 04/31 2.8                | CUSIP: 161175BU7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      100000 | PA      | $89204.34     | 0.00%             | 2031-04-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| SECURITIZED ASSET BACKED RECEIVABLES LLC 2007-NC2                                | SECURITIZED ASSET BACKED RECEI SABR 2007 NC2 A1 144A         | CUSIP: 81378GAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      672855 | PA      | $639931.34    | 0.01%             | 2037-01-25      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| ESSENT GROUP LTD                                                                 | ESSENT GROUP LTD ESSENT GROUP LTD                            | CUSIP: 29669JAA7<br>LEI: 254900QUO860OUT6ZF83 | Long             | DBT              | CORP              | BM        |     2944000 | PA      | $3050733.93   | 0.05%             | 2029-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BECTON DICKINSON AND COMPANY                                                     | BECTON DICKINSON + CO SR UNSECURED 02/31 1.957               | CUSIP: 075887CL1<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |     1453000 | PA      | $1261429.36   | 0.02%             | 2031-02-11      | Fixed         | 1.96%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 09/25 0.00000                                  | CUSIP: 912797MH7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      623000 | PA      | $618220.75    | 0.01%             | 2025-09-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD GBP BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | GB        |           1 | NC      | $-21707.09    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SPECIALTY BUILDING PRODUCTS HOLDINGS LLC                                         | SPECIALTY BLDG PRODUCTS HLDGSO 2021 TERM LOAN B              | CUSIP: 84748EAF7<br>LEI: 549300ICFD46O3KMJC06 | Long             | LON              | CORP              | US        |     2686154 | PA      | $2573671.15   | 0.04%             | 2028-10-15      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2023-A                                          | SMB PRIVATE EDUCATION LOAN TRU SMB 2023 A A1A 144A           | CUSIP: 78450QAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      964725 | PA      | $979549.71    | 0.02%             | 2053-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT INR SOLD USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |           1 | NC      | $-3973.07     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MILL CITY MORTGAGE LOAN TRUST 2019-GS1                                           | MILL CITY MORTGAGE TRUST MCMLT 2019 GS1 M3 144A              | CUSIP: 59981BAJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    13945000 | PA      | $12085827.50  | 0.21%             | 2059-07-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA INC COMPANY GUAR 03/52 4.625                             | CUSIP: 404119CL1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     3530000 | PA      | $2839089.94   | 0.05%             | 2052-03-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2024-R1                                               | VERUS SECURITIZATION TRUST VERUS 2024 R1 A1 144A             | CUSIP: 924926AA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     7033295 | PA      | $7035142.34   | 0.12%             | 2069-09-25      | Fixed         | 5.22%                 | No            |                  2 | On Loan: No      |
| BRAZIL GOVT                                                                      | LETRA TESOURO NACIONAL BILLS 07/25 0.00000                   | CUSIP: ACI23CXV7<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |     4400000 | PA      | $809404.26    | 0.01%             | 2025-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BRITISH AIRWAYS 2019-1 CLASS AA PASS THROUGH TRUST                               | BRITISH AIR 19 1 AA PTT PASS THRU CE 144A 06/34 3.3          | CUSIP: 11043XAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      131050 | PA      | $122035.75    | 0.00%             | 2034-06-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| COLLEGE AVE STUDENT LOANS LLC 2021-A                                             | COLLEGE AVE STUDENT LOANS CASL 2021 A A1 144A                | CUSIP: 19424KAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     2207705 | PA      | $2195604.54   | 0.04%             | 2051-07-25      | Floating      | 5.54%                 | No            |                  2 | On Loan: No      |
| CONSUMER PORTFOLIO SERVICES AUTO TRUST 2025-B                                    | CPS AUTO TRUST CPS 2025 B C 144A                             | CUSIP: 12630SAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     3300000 | PA      | $3325802.70   | 0.06%             | 2031-07-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| SECURITIZED ASSET BACKED RECEIVABLES LLC 2007-NC1                                | SECURITIZED ASSET BACKED RECEI SABR 2007 NC1 A2C             | CUSIP: 81378AAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     3490437 | PA      | $1702892.96   | 0.03%             | 2036-12-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| PANAMA GOVT                                                                      | REPUBLIC OF PANAMA SR UNSECURED 03/38 8                      | CUSIP: 000000000<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |     4250000 | PA      | $4564807.83   | 0.08%             | 2038-03-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | AT&T INC SNR S* ICE                                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $8188.49      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT BRL SOLD USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |           1 | NC      | $83572.73     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| F&G GLOBAL FUNDING                                                               | F+G GLOBAL FUNDING SECURED 144A 01/30 5.875                  | CUSIP: 30321L2J0<br>LEI: 6354009CCUKJIZ7KFX73 | Long             | DBT              | CORP              | US        |     8866000 | PA      | $9122432.03   | 0.16%             | 2030-01-16      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | EURO-BTP FUTURE   SEP25 XEUR 20250908                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | DE        |         177 | NC      | $-11099.85    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| RCKT MORTGAGE TRUST 2024-CES5                                                    | WOODWARD CAPITAL MANAGEMENT RCKT 2024 CES5 A1A 144A          | CUSIP: 74938KAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     5695527 | PA      | $5727557.94   | 0.10%             | 2044-08-25      | Variable      | 5.85%                 | No            |                  2 | On Loan: No      |
| RFNA LP                                                                          | RFNA LP SR UNSECURED 144A 02/30 7.875                        | CUSIP: 74984AAA0<br>LEI: 2549002A4GSOTYKKHR45 | Long             | DBT              | CORP              | US        |     4850000 | PA      | $4967103.25   | 0.08%             | 2030-02-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| GCAT 2024-NQM2 TRUST                                                             | GCAT GCAT 2024 NQM2 A1 144A                                  | CUSIP: 36831CAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     2012018 | PA      | $2029721.54   | 0.03%             | 2059-06-25      | Fixed         | 6.08%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP OF AMERICA FINANCE LLC                                          | VOLKSWAGEN GROUP AMERICA COMPANY GUAR 144A 03/27 4.95        | CUSIP: 928668CN0<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |     5000000 | PA      | $5016902.70   | 0.09%             | 2027-03-25      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| CSAB MORTGAGE BACKED TR 2006-2                                                   | CSAB MORTGAGE BACKED TRUST CSAB 2006 2 A6A                   | CUSIP: 12627HAK6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     5829729 | PA      | $1634228.56   | 0.03%             | 2036-09-25      | Variable      | 6.22%                 | No            |                  2 | On Loan: No      |
| DATABRICKS INC                                                                   | DATABRICKS INC DELAYED DRAW TERM LOAN                        | CUSIP: BA000D1C1<br>LEI: 984500FEDAC7FBD96273 | Long             | LON              | CORP              | US        |     1087336 | PA      | $1098209.61   | 0.02%             | 2031-01-03      | Floating      | 1.00%                 | No            |                  3 | On Loan: No      |
| PANAMA GOVT                                                                      | REPUBLIC OF PANAMA SR UNSECURED 03/31 7.5                    | CUSIP: 000000000<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |      300000 | PA      | $319962.00    | 0.01%             | 2031-03-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD BRL BOUGHT USD 20250903                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |           1 | NC      | $-615714.73   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2022-4                                                 | TOWD POINT MORTGAGE TRUST TPMT 2022 4 A1 144A                | CUSIP: 89180YAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     7563496 | PA      | $7241845.89   | 0.12%             | 2062-09-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| OPORTUN ISSUANCE TRUST 2025-1                                                    | OPORTUN FUNDING LLC OPTN 2025 1 A 144A                       | CUSIP: 68377PAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     8071344 | PA      | $8060014.69   | 0.14%             | 2032-08-16      | Fixed         | 4.96%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | CDX EM40 ICE                                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-856.06      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORPORATION (AKA: SPRINGLEAF FINANCE CORPORATION)                | ONEMAIN FINANCE CORP ONEMAIN FINANCE CORP                    | CUSIP: 682691AG5<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     1250000 | PA      | $1301418.53   | 0.02%             | 2031-11-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT GRANTOR TRUST 2024-8                                              | PAGAYA AI DEBT SELECTION TRUST PAID 2024 8 A 144A            | CUSIP: 69544QAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     2023134 | PA      | $2029249.09   | 0.03%             | 2032-01-15      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| PRPM 2025-4 LLC                                                                  | PRP ADVISORS, LLC PRPM 2025 4 A1 144A                        | CUSIP: 69382KAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1000000 | PA      | $1008826.60   | 0.02%             | 2030-06-25      | Fixed         | 6.18%                 | No            |                  2 | On Loan: No      |
| CAPITAL STREET MASTER TRUST 2024-1                                               | CAPITAL STREET MASTER TRUST CAPST 2024 1 A 144A              | CUSIP: 14051LAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     8000000 | PA      | $8001676.00   | 0.14%             | 2028-10-16      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | CDX HY44 5Y ICE                                              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $34452834.51  | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT TRUST 2024-3                                                      | PAGAYA AI DEBT SELECTION TRUST PAID 2024 3 A 144A            | CUSIP: 69547XAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1431986 | PA      | $1441834.21   | 0.02%             | 2031-10-15      | Fixed         | 6.26%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | IRS EUR 2.25000 09/17/25-5Y LCH                              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | N/A       |           1 | NC      | $-102575.47   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ASCENT EDUCATION FUNDING TRUST 2024-A                                            | ASCENT EDUCATION FUNDING TRUST ASCNT 2024 A A 144A           | CUSIP: 04362VAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1755699 | PA      | $1793803.04   | 0.03%             | 2050-10-25      | Fixed         | 6.14%                 | No            |                  2 | On Loan: No      |
| PRKCM 2023-AFC3 TRUST                                                            | PRKCM TRUST PRKCM 2023 AFC3 A1 144A                          | CUSIP: 693984AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      670177 | PA      | $676831.92    | 0.01%             | 2058-09-25      | Variable      | 6.58%                 | No            |                  2 | On Loan: No      |
| EQUIFIRST LOAN SECURITIZATION TRUST 2007-1                                       | EQUIFIRST LOAN SECURITIZATION EQLS 2007 1 A2C                | CUSIP: 29445UAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     5000000 | PA      | $3980347.00   | 0.07%             | 2037-04-25      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| ATLAS (RAND PARENT LLC)                                                          | RAND PARENT LLC SR SECURED 144A 02/30 8.5                    | CUSIP: 753272AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     5995000 | PA      | $6024945.03   | 0.10%             | 2030-02-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| CGI INC                                                                          | CGI INC SR UNSECURED 09/26 1.45                              | CUSIP: 12532HAC8<br>LEI: 549300WSRCZY73ZG3090 | Long             | DBT              | CORP              | CA        |      400000 | PA      | $386447.90    | 0.01%             | 2026-09-14      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT BRL SOLD USD 20251002                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |           1 | NC      | $76577.60     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| NEW ORLEANS HOTEL TRUST 2019-HNLA                                                | NEW ORLEANS HOTEL TRUST NOHT 2019 HNLA A 144A                | CUSIP: 647622AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     9793000 | PA      | $9722926.19   | 0.17%             | 2032-04-15      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| ENTERGY LOUISIANA LLC                                                            | ENTERGY LOUISIANA LLC ENTERGY LOUISIANA LLC                  | CUSIP: 29364WBM9<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |      625000 | PA      | $641528.16    | 0.01%             | 2034-03-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                                                         | WARNERMEDIA HOLDINGS INC COMPANY GUAR 03/32 4.279            | CUSIP: 55903VBQ5<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |     2000000 | PA      | $1692500.00   | 0.03%             | 2032-03-15      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2024-CES2                                              | TOWD POINT MORTGAGE TRUST TPMT 2024 CES2 A1A 144A            | CUSIP: 89182JAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     2148091 | PA      | $2168103.16   | 0.04%             | 2064-02-25      | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| ASHTEAD CAPITAL INC                                                              | ASHTEAD CAPITAL INC ASHTEAD CAPITAL INC                      | CUSIP: 045054AS2<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |     6970000 | PA      | $7137159.00   | 0.12%             | 2034-04-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN INC                                                                | BROWN + BROWN INC SR UNSECURED 06/30 4.9                     | CUSIP: 115236AK7<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |     2481000 | PA      | $2505457.18   | 0.04%             | 2030-06-23      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT NOK SOLD USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NO        |           1 | NC      | $-224.84      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORPORATION (AKA: SPRINGLEAF FINANCE CORPORATION)                | ONEMAIN FINANCE CORP COMPANY GUAR 01/29 9                    | CUSIP: 682695AA9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |      335000 | PA      | $351514.83    | 0.01%             | 2029-01-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT CNH SOLD USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |           1 | NC      | $1745.32      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ULTIMATE KRONOS GROUP INC                                                        | UKG, INC, 2024 TERM LOAN B                                   | CUSIP: 89841EAB1<br>LEI: 529900FKHWSTQ1GXK240 | Long             | LON              | CORP              | US        |      891000 | PA      | $895370.36    | 0.02%             | 2031-02-10      | Floating      | 7.31%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD BRL BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |           1 | NC      | $-829214.22   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| ECUADOR GOVT                                                                     | REPUBLIC OF ECUADOR SR UNSECURED REGS 07/30 VAR              | CUSIP: ACI1Q6J43<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |    10050000 | PA      | $8743500.00   | 0.15%             | 2030-07-31      | Variable      | 6.90%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TSY INFL IX N/B 10/25 0.125                                  | CUSIP: 91282CAQ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     1607086 | PA      | $1601546.89   | 0.03%             | 2025-10-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| WEYERHAEUSER COMPANY                                                             | WEYERHAEUSER CO SR UNSECURED 03/32 7.375                     | CUSIP: 962166BR4<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | DBT              | CORP              | US        |     1000000 | PA      | $1129690.23   | 0.02%             | 2032-03-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC CO                                                      | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 08/35 6                  | CUSIP: 694308KX4<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |      900000 | PA      | $910481.94    | 0.02%             | 2035-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NATIONSTAR MORTGAGE HOLDINGS INC                                                 | NATIONSTAR MTG HLD INC COMPANY GUAR 144A 11/31 5.75          | CUSIP: 63861CAE9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     4775000 | PA      | $4853271.80   | 0.08%             | 2031-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FHF ISSUER TRUST 2024-2A                                                         | FIRST HELP FINANCIAL LLC FHF 2024 2A A2 144A                 | CUSIP: 30336NAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     2526681 | PA      | $2557887.12   | 0.04%             | 2030-06-15      | Fixed         | 5.89%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD SGD BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |           1 | NC      | $-40168.05    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / GLP FINANCING II INC                                            | GLP CAPITAL LP / FIN II COMPANY GUAR 01/31 4                 | CUSIP: 361841AQ2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1500000 | PA      | $1415344.05   | 0.02%             | 2031-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BLACKBIRD CAPITAL AIRCRAFT LEASE SECURITIZATION LTD 2021-1A                      | BLACKBIRD CAPITAL AIRCRAFT BBIRD 2021 1A A 144A              | CUSIP: 09229CAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1593601 | PA      | $1496346.19   | 0.03%             | 2046-07-15      | Fixed         | 2.44%                 | No            |                  2 | On Loan: No      |
| MADISON PARK FUNDING XXXVI LTD 2019-36A                                          | MADISON PARK FUNDING LTD MDPK 2019 36A A1RR 144A             | CUSIP: 55819PBE8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     1000000 | PA      | $995878.68    | 0.02%             | 2035-04-15      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA INC                                                       | SANTANDER HOLDINGS USA SR UNSECURED 03/29 VAR                | CUSIP: 80282KBN5<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |     7395000 | PA      | $7520588.69   | 0.13%             | 2029-03-20      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| TURKEY GOVT                                                                      | TURKIYE GOVERNMENT BOND BONDS 05/26 VAR                      | CUSIP: ACI2Q1SN0<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    31100000 | PA      | $784581.27    | 0.01%             | 2026-05-20      | Floating      | 48.80%                | No            |                  2 | On Loan: No      |
| NELNET STUDENT LOAN TRUST 2023-AA                                                | NELNET STUDENT LOAN TRUST NSLT 2023 AA AFX 144A              | CUSIP: 64032PAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      274796 | PA      | $284618.30    | 0.00%             | 2041-02-20      | Fixed         | 6.64%                 | No            |                  2 | On Loan: No      |
| BAMLL COMMERCIAL MORTGAGE SECURITIES TRUST 2024-AWH                              | BAMLL COML MTG SECS TR 2024 04/42 1                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      760000 | PA      | $556685.64    | 0.01%             | 2042-04-20      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.23200 09/10/24-10Y LCH                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |           1 | NC      | $17290.69     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| AFFIRM MASTER TRUST 2025-2A                                                      | AFFIRM MASTER TRUST AFRMT 2025 2A A 144A                     | CUSIP: 00833BAG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1600000 | PA      | $1606975.60   | 0.03%             | 2033-07-15      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD INR BOUGHT USD 20250711                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |           1 | NC      | $-16252.79    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ANCHORAGE CREDIT FUNDING 2020-10A LTD                                            | ANCHORAGE CREDIT FUNDING LTD. ANCHF 2020 10A BV 144A         | CUSIP: 03332AAC4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     2000000 | PA      | $1926247.20   | 0.03%             | 2038-04-25      | Fixed         | 4.17%                 | No            |                  2 | On Loan: No      |
| EPIC CRUDE SERVICES LP                                                           | EPIC CRUDE SERVICES LP 2024 TERM LOAN B                      | CUSIP: 29428XAG5<br>LEI: 549300FRS682IQ7J9S42 | Long             | LON              | CORP              | US        |     2992500 | PA      | $3006220.61   | 0.05%             | 2031-10-15      | Floating      | 7.26%                 | No            |                  2 | On Loan: No      |
| PANAMA INFRASTRUCTURE RECEIVABLE PURCHASER PLC                                   | PANAMA INFRASTRUCTURE SR SECURED 144A 04/32 0.00000          | CUSIP: 69828QAD9<br>LEI: 213800QSH7EDGMUDJW25 | Long             | DBT              | CORP              | GB        |     2850000 | PA      | $2028145.50   | 0.03%             | 2032-04-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORPORATION (AKA: SPRINGLEAF FINANCE CORPORATION)                | ONEMAIN FINANCE CORP ONEMAIN FINANCE CORP                    | CUSIP: 682691AF7<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     2600000 | PA      | $2718474.20   | 0.05%             | 2031-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| FORD AUTO SECURITIZATION TRUST II SERIES 2024-AA ASSET-BACKED NOTES              | FORD AUTO SECURITIZATION TRUST FASTR 2024 A A3 REGS          | CUSIP: 345214BL3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | CA        |     3000000 | PA      | $2287248.36   | 0.04%             | 2030-03-15      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| AS MILEAGE PLAN IP LTD                                                           | AS MILEAGE PLAN IP LTD SR SECURED 144A 10/31 5.308           | CUSIP: 00218QAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    10888000 | PA      | $10718473.51  | 0.18%             | 2031-10-20      | Fixed         | 5.31%                 | No            |                  2 | On Loan: No      |
| VCAT 2025-NPL3 LLC                                                               | VCAT ASSET SECURITIZATION, LLC VCAT 2025 NPL3 A1 144A        | CUSIP: 92243QAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    16036539 | PA      | $16058884.65  | 0.27%             | 2055-02-25      | Fixed         | 5.89%                 | No            |                  2 | On Loan: No      |
| ARROWMARK COLORADO HOLDINGS 2018-3A                                              | ELEVATION CLO LTD AWPT 2018 3A A2R2 144A                     | CUSIP: 28623VAQ2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     2300000 | PA      | $2304777.95   | 0.04%             | 2035-01-25      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2018-ASH8                   | JP MORGAN CHASE COMMERCIAL MOR JPMCC 2018 ASH8 A 144A        | CUSIP: 46649JAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      822785 | PA      | $809888.07    | 0.01%             | 2035-02-15      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD IDR BOUGHT USD 20250711                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ID        |           1 | NC      | $-57476.52    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2016-LC25                                  | WELLS FARGO COMMERCIAL MORTGAG WFCM 2016 LC25 A4             | CUSIP: 95000JAV0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      500000 | PA      | $491987.50    | 0.01%             | 2059-12-15      | Fixed         | 3.64%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT INR SOLD USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |           1 | NC      | $-1024.27     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ASSET-BACKED CERT 2004-10                                            | COUNTRYWIDE ASSET BACKED CERTI CWL 2004 10 MV4               | CUSIP: 126673JW3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      829638 | PA      | $759548.32    | 0.01%             | 2034-12-25      | Floating      | 6.01%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.24000 09/16/24-10Y LCH                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |           1 | NC      | $16950.27     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| IPL PLASTICS (TOUCAN FINCO LTD/TOUCAN FINCO CAN INC/TOUCAN FINCO US LLC)         | TOUCAN FINCO LTD/CAN/US SR SECURED 144A 05/30 9.5            | CUSIP: 89157UAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |     6000000 | PA      | $6138466.38   | 0.10%             | 2030-05-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| 522 FUNDING CLO 2020-6 LTD                                                       | 522 FUNDING CLO LTD MORGN 2020 6A A1R2 144A                  | CUSIP: 33835AAY5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     7800000 | PA      | $7803282.08   | 0.13%             | 2034-10-23      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD KWD BOUGHT USD 20300513                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |           1 | NC      | $39179.45     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ELECTRICITE DE FRANCE SA (EDF)                                                   | ELECTRICITE DE FRANCE SA SR UNSECURED 144A 01/35 5.75        | CUSIP: 28504DAF0<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |     5878000 | PA      | $6008650.84   | 0.10%             | 2035-01-13      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT GRANTOR TRUST 2024-9                                              | PAGAYA AI DEBT SELECTION TRUST PAID 2024 9 A 144A            | CUSIP: 69546QAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     2368291 | PA      | $2368661.98   | 0.04%             | 2032-03-15      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD TWD BOUGHT USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $-244556.38   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT MXN SOLD USD 20250917                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | MX        |           1 | NC      | $6999.33      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | 31750QM06 PIMCO CDSOPT PUT USD 0.9 20250716                  | CUSIP: OP0043SX7<br>LEI: N/A                  | N/A              | DCR              |  | US        |   -11000000 | NC      | $-745.91      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| EUC (MODENA BUYER LLC)                                                           | MODENA BUYER LLC TERM LOAN                                   | CUSIP: 60753DAC8<br>LEI: 254900B0G2IU0VBDOY26 | Long             | LON              | CORP              | US        |     1492500 | PA      | $1441195.31   | 0.02%             | 2031-07-01      | Floating      | 8.78%                 | No            |                  2 | On Loan: No      |
| TRINITY SQUARE 2021-1 PLC A                                                      | TRINITY SQUARE TRINI 2021 1A BR                              | CUSIP: ACI2NNG16<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | GB        |     1000000 | PA      | $1371851.62   | 0.02%             | 2059-07-15      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT CNH SOLD USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |           1 | NC      | $20593.65     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SANTANDER MORTGAGE ASSET RECEIVABLE TRUST 2025-NQM2                              | SANTANDER MORTGAGE ASSET RECEI SAN 2025 NQM2 A1 144A         | CUSIP: 802638AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    13633635 | PA      | $13743568.18  | 0.23%             | 2065-02-25      | Fixed         | 5.73%                 | No            |                  2 | On Loan: No      |
| ROMANIA GOVT                                                                     | ROMANIA SR UNSECURED REGS 03/30 5.25                         | CUSIP: ACI2TMWB2<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     2200000 | PA      | $2649203.94   | 0.05%             | 2030-03-10      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| OCTAGON INVESTMENT PARTNERS 40 LTD 2019-1A                                       | OCTAGON INVESTMENT PARTNERS 40 OCT40 2019 1A A1RR 144A       | CUSIP: 67592BAY4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    10600000 | PA      | $10541556.05  | 0.18%             | 2035-01-20      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| CARVANA AUTO RECEIVABLES TRUST 2024-N3                                           | CARVANA AUTO RECEIVABLES TRUST CRVNA 2024 N3 B 144A          | CUSIP: 14687WAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     6000000 | PA      | $6009649.20   | 0.10%             | 2030-12-10      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| HARBORVIEW MORTGAGE LOAN TR 2005-10                                              | HARBORVIEW MORTGAGE LOAN TRUST HVMLT 2005 10 2A1A            | CUSIP: 41161PTN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1398395 | PA      | $907751.37    | 0.02%             | 2035-11-19      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST 2025-3A                                      | EXETER AUTOMOBILE RECEIVABLES EART 2025 3A C                 | CUSIP: 30166XAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    21500000 | PA      | $21743923.95  | 0.37%             | 2031-10-15      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT BRL SOLD USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |           1 | NC      | $1020417.22   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT JPY SOLD USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |           1 | NC      | $1221.53      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | IRS CZK 3.36500 11/28/24-5Y CME                              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | CZ        |           1 | NC      | $36392.10     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | BROADCOM INC SR UNSECURED 144A 11/36 3.187                   | CUSIP: 11135FBQ3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    10969000 | PA      | $9097746.08   | 0.16%             | 2036-11-15      | Fixed         | 3.19%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                             | GNMA II POOL 787993 G2 06/55 FIXED 7                         | CUSIP: 3622ADXW3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     1000000 | PA      | $1015596.95   | 0.02%             | 2055-06-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| PRPM 2024-RCF5 LLC                                                               | PRP ADVISORS, LLC PRPM 2024 RCF5 A1 144A                     | CUSIP: 69381JAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1599999 | PA      | $1568703.28   | 0.03%             | 2054-08-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA INC COMPANY GUAR 03/32 3.625                             | CUSIP: 404119CK3<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     7525000 | PA      | $6943969.92   | 0.12%             | 2032-03-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURCES OPERATING LLC                                                  | PERMIAN RESOURC OPTG LLC COMPANY GUAR 144A 02/33 6.25        | CUSIP: 71424VAB6<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |     3100000 | PA      | $3130767.50   | 0.05%             | 2033-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ELMWOOD CLO 15 LTD                                                               | ELM15 20222A A1R 144A 29003P910                              | CUSIP: 938KTRII5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      600000 | PA      | $600000.00    | 0.01%             | 2035-04-22      | Floating      | 5.46%                 | No            |                  3 | On Loan: No      |
| FREEDOM MORTGAGE CORPORATION                                                     | FREEDOM MORTGAGE CORP SR UNSECURED 144A 01/27 6.625          | CUSIP: 35640YAJ6<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |     1560000 | PA      | $1563875.04   | 0.03%             | 2027-01-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST 2025-NQM2                                    | GS MORTGAGE BACKED SECURITIES GSMBS 2025 NQM2 A1 144A        | CUSIP: 36272EAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    25000000 | PA      | $25113430.00  | 0.43%             | 2065-06-25      | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| CRB SECURITIZATION TRUST 2023-1                                                  | CRB SECURITIZATION TRUST CRB 2023 1 A 144A                   | CUSIP: 12670DAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |       67937 | PA      | $68190.69     | 0.00%             | 2033-10-20      | Fixed         | 6.96%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP / GENESIS ENERGY FINANCE CORP                                  | GENESIS ENERGY LP/FIN GENESIS ENERGY LP/FIN                  | CUSIP: 37185LAP7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3600000 | PA      | $3766734.00   | 0.06%             | 2029-01-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| CI FINANCIAL CORP                                                                | CI FINANCIAL CORP CI FINANCIAL CORP                          | CUSIP: 125491AT7<br>LEI: 549300M9W7JJQSVCEM78 | Long             | DBT              | CORP              | CA        |     1000000 | PA      | $1055602.95   | 0.02%             | 2029-05-30      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK INC COMPANY GUAR 07/48 5.2                             | CUSIP: 682680AV5<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     1111000 | PA      | $962999.42    | 0.02%             | 2048-07-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| ANCHORAGE CREDIT FUNDING 4 LTD 2016-4A                                           | ANCHORAGE CREDIT FUNDING LTD. ANCHF 2016 4A AR 144A          | CUSIP: 03329TAG9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     2000000 | PA      | $1903836.44   | 0.03%             | 2039-04-27      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                                                            | QUIKRETE HOLDINGS INC SR UNSECURED 144A 03/33 6.75           | CUSIP: 74843PAB6<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |     5068000 | PA      | $5232461.67   | 0.09%             | 2033-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| VEROS AUTO RECEIVABLES TRUST 2024-1                                              | VEROS AUTO RECEIVABLES TRUST VEROS 2024 1 A 144A             | CUSIP: 92512WAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      727739 | PA      | $731046.11    | 0.01%             | 2027-11-15      | Fixed         | 6.28%                 | No            |                  2 | On Loan: No      |
| SLM CORP (SALLIE MAE)                                                            | SLM CORP SR UNSECURED 11/26 3.125                            | CUSIP: 78442PGE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2400000 | PA      | $2354041.92   | 0.04%             | 2026-11-02      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| PEBBLEBROOK HOTEL LP / PEB FINANCE CORP                                          | PEBBLEBROOK HOTEL/FINANC COMPANY GUAR 144A 10/29 6.375       | CUSIP: 70510LAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     4100000 | PA      | $4124837.80   | 0.07%             | 2029-10-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | BANCO SANTANDER SA 01/30 5.565                               | CUSIP: 05964HBJ3<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |     8000000 | PA      | $8308230.24   | 0.14%             | 2030-01-17      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| CROSS 2024-H3 MORTGAGE TRUST                                                     | CROSS MORTGAGE TRUST CROSS 2024 H3 A1 144A                   | CUSIP: 22758DAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     4416114 | PA      | $4467430.12   | 0.08%             | 2069-06-25      | Fixed         | 6.27%                 | No            |                  2 | On Loan: No      |
| RESTAURANT BRANDS (1011778 BC UNLIMITED LIABILITY CO/NEW RED FINANCE INC)        | 1011778 BC / NEW RED FIN SECURED 144A 10/30 4                | CUSIP: 68245XAM1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     7404000 | PA      | $6907329.31   | 0.12%             | 2030-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LEHMAN MORTGAGE TRUST 2006-6                                                     | LEHMAN MORTGAGE TRUST LMT 2006 6 1A1                         | CUSIP: 52520NAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    12718545 | PA      | $3317322.20   | 0.06%             | 2036-10-25      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| CENTENE CORPORATION                                                              | CENTENE CORP SR UNSECURED 03/31 2.5                          | CUSIP: 15135BAX9<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    16458000 | PA      | $14181065.32  | 0.24%             | 2031-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2024-5                                                 | TOWD POINT MORTGAGE TRUST TPMT 2024 5 A1A 144A               | CUSIP: 891944AA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    18078642 | PA      | $18065690.17  | 0.31%             | 2064-10-25      | Variable      | 4.52%                 | No            |                  2 | On Loan: No      |
| CARBONE CLO LTD 2017-1A                                                          | CARBONE CLO, LTD CRBN 2017 1A A1 144A                        | CUSIP: 141312AA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      572221 | PA      | $572941.46    | 0.01%             | 2031-01-20      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | IRS EUR 2.45000 05/05/25-10Y LCH                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | N/A       |           1 | NC      | $21052.79     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BEACON MOBILITY CORP                                                             | BEACON MOBILITY CORP SR SECURED 144A 08/30 7.25              | CUSIP: 073644AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2995000 | PA      | $3060355.81   | 0.05%             | 2030-08-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BMO 2024-5C8 MORTGAGE TRUST                                                      | BMO MORTGAGE TRUST BMO 2024 5C8 A2                           | CUSIP: 09661XAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     5000000 | PA      | $5102099.50   | 0.09%             | 2057-12-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| INTERNET BRANDS INC (MH SUB I LLC)                                               | MH SUB I LLC 2024 TERM LOAN B4                               | CUSIP: 45567YAP0<br>LEI: 2549005VFKP807SR8N49 | Long             | LON              | CORP              | US        |     2985000 | PA      | $2601621.53   | 0.04%             | 2031-12-31      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| CPS AUTO RECEIVABLES TRUST 2024-D                                                | CPS AUTO TRUST CPS 2024 D B 144A                             | CUSIP: 22411JAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     5300000 | PA      | $5300255.46   | 0.09%             | 2029-03-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| HOLOGIC INC                                                                      | HOLOGIC INC COMPANY GUAR 144A 02/29 3.25                     | CUSIP: 436440AP6<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | DBT              | CORP              | US        |    13962000 | PA      | $13315442.12  | 0.23%             | 2029-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | GOLDMAN SACHS GROUP INC SR UNSECURED 04/31 VAR               | CUSIP: 38141GC93<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    12000000 | PA      | $12305178.48  | 0.21%             | 2031-04-23      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| SPIRIT AEROSYSTEMS INC                                                           | SPIRIT AEROSYSTEMS INC SPIRIT AEROSYSTEMS INC                | CUSIP: 85205TAR1<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |      300000 | PA      | $331230.30    | 0.01%             | 2030-11-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                                             | LAS VEGAS SANDS CORP SR UNSECURED 08/29 3.9                  | CUSIP: 517834AF4<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |     6181000 | PA      | $5888882.23   | 0.10%             | 2029-08-08      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD COP BOUGHT USD 20250811                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CO        |           1 | NC      | $-400074.30   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                                           | VENTURE GLOBAL LNG INC VENTURE GLOBAL LNG INC                | CUSIP: 92332YAE1<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    14021000 | PA      | $14186279.27  | 0.24%             | 2030-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD EUR BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |           1 | NC      | $-29317.18    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD BRL BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |           1 | NC      | $-425569.92   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| ICG US CLO LTD 2015-2RA                                                          | ICG US CLO LTD ICG 2015 2RA A1R 144A                         | CUSIP: 44933WAL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    15009761 | PA      | $15007783.32  | 0.26%             | 2033-01-16      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| OCS GROUP HOLDINGS LIMITED                                                       | OCS GROUP HOLDINGS LTD GBP TERM LOAN B                       | CUSIP: BA000BQB0<br>LEI: 54930002RKY3Y4LURL90 | Long             | LON              | CORP              | GB        |     5000000 | PA      | $6851477.93   | 0.12%             | 2031-11-28      | Floating      | 9.96%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD BRL BOUGHT USD 20251002                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |           1 | NC      | $-32233.58    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT TRUST 2025-4                                                      | PAGAYA AI DEBT SELECTION TRUST PAID 2025 4 A2 144A           | CUSIP: 69547DAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     2700000 | PA      | $2705822.69   | 0.05%             | 2033-01-17      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA INC COMPANY GUAR 03/32 5.5                               | CUSIP: 404119DA4<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     5383000 | PA      | $5558285.39   | 0.09%             | 2032-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                             | FNMA TBA 30 YR 3 SINGLE FAMILY MORTGAGE                      | CUSIP: 01F030678<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    48400000 | PA      | $41887927.14  | 0.71%             | 2054-07-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2019-C52                                   | WELLS FARGO COMMERCIAL MORTGAG WFCM 2019 C52 A5              | CUSIP: 95002MAX7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1400000 | PA      | $1304907.94   | 0.02%             | 2052-08-15      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| OFSI BSL X LTD                                                                   | OFSI FUND LTD OFSBS 2021 10A AR 144A                         | CUSIP: 67115PAW5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    15600000 | PA      | $15618496.45  | 0.27%             | 2034-04-20      | Floating      | 5.54%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT GRANTOR TRUST 2024-11                                             | PAGAYA AI DEBT SELECTION TRUST PAID 2024 11 B 144A           | CUSIP: 69544AAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     2899667 | PA      | $2909473.58   | 0.05%             | 2032-07-15      | Fixed         | 5.64%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | CDX EM43 ICE                                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-4896.55     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT INR SOLD USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |           1 | NC      | $10465.47     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GREENGROVE RE LTD                                                                | GREENGROVE RE LTD UNSECURED 144A 04/32 VAR                   | CUSIP: 39526JAA9<br>LEI: 254900WH3CK41D9L7T70 | Long             | DBT              | CORP              | BM        |     2000000 | PA      | $2000400.00   | 0.03%             | 2032-04-08      | Floating      | 12.06%                | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT SELECTION TRUST 2024-PT2                                          | PAGAYA AI DEBT SELECTION TRUST PAID 2024 PT2 E 144A          | CUSIP: 69546YAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1019320 | PA      | $990437.06    | 0.02%             | 2032-04-15      | Fixed         | 10.27%                | No            |                  3 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2024-D                                          | SMB PRIVATE EDUCATION LOAN TRU SMB 2024 D A1B 144A           | CUSIP: 83207QAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     4442896 | PA      | $4449715.19   | 0.08%             | 2053-07-15      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| EL SALVADOR GOVT                                                                 | REPUBLIC OF EL SALVADOR REPUBLIC OF EL SALVADOR              | CUSIP: 283875CE0<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |      800000 | PA      | $849000.00    | 0.01%             | 2030-04-17      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT THB SOLD USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TH        |           1 | NC      | $2133.18      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS GROUP AG UBS GROUP AG                                    | CUSIP: 902613BH0<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |     1000000 | PA      | $1039093.17   | 0.02%             | 2035-02-08      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY ABS CAPITAL I 2004-NC5                                            | MORGAN STANLEY CAPITAL INC MSAC 2004 NC5 M1                  | CUSIP: 61746RFV8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     6046540 | PA      | $5840515.41   | 0.10%             | 2034-05-25      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | 31750QN05 PIMCO CDSOPT PUT USD 0.85 20250716                 | CUSIP: OP0043Z50<br>LEI: N/A                  | N/A              | DCR              |  | US        |    -5800000 | NC      | $-415.98      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2023-2                                                | VERUS SECURITIZATION TRUST VERUS 2023 2 A1 144A              | CUSIP: 92539DAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      291613 | PA      | $292301.72    | 0.00%             | 2068-03-25      | Fixed         | 6.19%                 | No            |                  2 | On Loan: No      |
| ENTERGY LOUISIANA LLC                                                            | ENTERGY LOUISIANA LLC COLLATERAL T 03/33 4                   | CUSIP: 29364WBA5<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |      495000 | PA      | $466851.55    | 0.01%             | 2033-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOLARIS MIDSTREAM HOLDINGS LLC                                                   | ARIS WATER HOLDINGS LLC COMPANY GUAR 144A 04/30 7.25         | CUSIP: 04041NAA0<br>LEI: 5493007AWQW8ZKCHVV46 | Long             | DBT              | CORP              | US        |     5000000 | PA      | $5162790.00   | 0.09%             | 2030-04-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT IDR SOLD USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ID        |           1 | NC      | $2156.45      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| RCKT MORTGAGE TRUST 2025-CES3                                                    | WOODWARD CAPITAL MANAGEMENT RCKT 2025 CES3 A1A 144A          | CUSIP: 749420AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    24563661 | PA      | $24729573.56  | 0.42%             | 2055-03-25      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| GSAMP TRUST 2006-NC1                                                             | GSAMP TRUST GSAMP 2006 NC1 M2                                | CUSIP: 362334EE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     2324616 | PA      | $2334603.87   | 0.04%             | 2036-02-25      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| OPORTUN ISSUANCE TRUST 2025-1                                                    | OPORTUN FUNDING LLC OPTN 2025 1 B 144A                       | CUSIP: 68377PAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     7900000 | PA      | $7920336.18   | 0.14%             | 2032-08-16      | Fixed         | 5.24%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | IRS EUR 2.25000 09/17/25-10Y LCH                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | N/A       |           1 | NC      | $627644.86    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT GRANTOR TRUST 2024-10                                             | PAGAYA AI DEBT SELECTION TRUST PAID 2024 10 C 144A           | CUSIP: 69544MAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1599864 | PA      | $1603458.71   | 0.03%             | 2032-06-15      | Fixed         | 5.99%                 | No            |                  2 | On Loan: No      |
| IQVIA INC                                                                        | IQVIA INC COMPANY GUAR 144A 06/32 6.25                       | CUSIP: 46266TAG3<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |     1400000 | PA      | $1438455.47   | 0.02%             | 2032-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| RCKT MORTGAGE TRUST 2025-CES6                                                    | WOODWARD CAPITAL MANAGEMENT RCKT 2025 CES6 A1A 144A          | CUSIP: 748949AA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     7300000 | PA      | $7335894.17   | 0.13%             | 2055-06-25      | Fixed         | 5.47%                 | No            |                  3 | On Loan: No      |
| FORD AUTO SECURITIZATION TRUST II SERIES 2024-AA ASSET-BACKED NOTES              | FORD AUTO SECURITIZATION TRUST FASTR 2024 AA A2 144A         | CUSIP: 345214BJ8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | CA        |     2823413 | PA      | $2104384.47   | 0.04%             | 2028-07-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORPORATION (AKA: SPRINGLEAF FINANCE CORPORATION)                | ONEMAIN FINANCE CORP COMPANY GUAR 01/27 3.5                  | CUSIP: 682691AB6<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     2974000 | PA      | $2913489.87   | 0.05%             | 2027-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BMO 2024-5C5 MORTGAGE TRUST                                                      | BMO MORTGAGE TRUST BMO 2024 5C5 A2                           | CUSIP: 05593RAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     2400000 | PA      | $2462834.88   | 0.04%             | 2057-02-15      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ASSET BACKED SECURITIES TRUST 2006-EC1                              | BEAR STEARNS ASSET BACKED SECU BSABS 2006 EC1 M4             | CUSIP: 07387UAG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    11588201 | PA      | $11189839.93  | 0.19%             | 2035-12-25      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP (AKA: AMERICAN TOWER REIT INC)                               | AMERICAN TOWER CORP SR UNSECURED 08/29 3.8                   | CUSIP: 03027XAW0<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |     1400000 | PA      | $1361651.21   | 0.02%             | 2029-08-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY ABS CAPITAL I 2004-HE6                                            | MORGAN STANLEY CAPITAL INC MSAC 2004 HE6 B1                  | CUSIP: 61744CFG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      549980 | PA      | $467978.37    | 0.01%             | 2034-08-25      | Floating      | 7.21%                 | No            |                  2 | On Loan: No      |
| ANCHORAGE CAPITAL CLO 28 LTD                                                     | ANCHORAGE CAPITAL CLO LTD ANCHC 2024 28A A 144A              | CUSIP: 03330RAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     1500000 | PA      | $1503306.62   | 0.03%             | 2037-04-20      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | 31750QMA4 PIMCO CDSOPT PUT USD 1.0 20250716                  | CUSIP: OP0043WJ3<br>LEI: N/A                  | N/A              | DCR              |  | US        |    -5500000 | NC      | $-342.32      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PRPM 2023-RCF2 LLC                                                               | PRP ADVISORS, LLC PRPM 2023 RCF2 A1 144A                     | CUSIP: 69380RAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      883603 | PA      | $867687.15    | 0.01%             | 2053-11-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ASPIRE BAKERIES HOLDINGS LLC (AKA: ALPINE US BIDCO LLC)                          | ASPIRE BAKERIES HOLDINGS LLC TERM LOAN                       | CUSIP: BA00008X6<br>LEI: 549300MWN7R72KAKOD18 | Long             | LON              | CORP              | US        |     2977387 | PA      | $2992735.36   | 0.05%             | 2030-12-23      | Floating      | 0.23%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                                                             | LIFEPOINT HEALTH INC 2024 1ST LIEN TERM LOAN B               | CUSIP: 75915TAK8<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | LON              | CORP              | US        |     4975000 | PA      | $4929901.63   | 0.08%             | 2031-05-19      | Floating      | 8.01%                 | No            |                  2 | On Loan: No      |
| PRET 2024-NPL9 LLC                                                               | PRETIUM MORTGAGE CREDIT PARTNE PRET 2024 NPL9 A1 144A        | CUSIP: 74143TAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    13487159 | PA      | $13512655.99  | 0.23%             | 2054-12-25      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD EUR BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |           1 | NC      | $-85681.58    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SBNA AUTO LEASE TRUST 2024-B                                                     | SBNA AUTO LEASE TRUST SBALT 2024 B A3 144A                   | CUSIP: 78437VAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     2180000 | PA      | $2198442.36   | 0.04%             | 2027-11-22      | Fixed         | 5.56%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD TWD BOUGHT USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $-3900.33     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| WYNN RESORTS CAPITAL CORP                                                        | WYNN RESORTS FINANCE LLC COMPANY GUAR 144A 02/31 7.125       | CUSIP: 983133AC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      393000 | PA      | $419364.80    | 0.01%             | 2031-02-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| ACHV ABS TRUST 2024-3AL                                                          | ACHV ABS TRUST ACHV 2024 3AL A 144A                          | CUSIP: 00092KAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      387904 | PA      | $389461.83    | 0.01%             | 2031-12-26      | Fixed         | 5.01%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT CHF SOLD USD 20250804                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CH        |           1 | NC      | $6431.10      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| KRAKEN OIL & GAS PARTNERS LLC                                                    | KRAKEN OIL + GAS PARTNER KRAKEN OIL + GAS PARTNER            | CUSIP: 50076PAA6<br>LEI: 549300DR5HSL4YAU3X12 | Long             | DBT              | CORP              | US        |     6200000 | PA      | $6096279.58   | 0.10%             | 2029-08-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD BRL BOUGHT USD 20251002                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |           1 | NC      | $-12332.76    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SAMMONS FINANCIAL GROUP GLOBAL FUNDING                                           | SAMMONS FINANCIAL GLOBAL SECURED 144A 12/29 5.1              | CUSIP: 79587J2A0<br>LEI: 635400IPRNPM6HDHRS48 | Long             | DBT              | CORP              | US        |     2000000 | PA      | $2044113.34   | 0.03%             | 2029-12-10      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| BANCO VOTORANTIM SA                                                              | BANCO VOTORANTIM SA/LUX SR UNSECURED 144A 04/28 5.875        | CUSIP: 05975C2A0<br>LEI: X2EUTZGMHS8RBQFIUS93 | Long             | DBT              | CORP              | BR        |     5000000 | PA      | $5073750.00   | 0.09%             | 2028-04-08      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BAIN CAPITAL CREDIT CLO 2021-2 LTD                                               | BAIN CAPITAL CREDIT CLO, LIMIT BCC 2021 2A A2R 144A          | CUSIP: 05684RAN2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     1500000 | PA      | $1505082.90   | 0.03%             | 2034-07-16      | Floating      | 5.74%                 | No            |                  2 | On Loan: No      |
| JANE STREET GROUP / JSG FINANCE INC                                              | JANE STREET GRP/JSG FIN SR SECURED 144A 05/33 6.75           | CUSIP: 47077WAE8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     6670000 | PA      | $6862302.77   | 0.12%             | 2033-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MFA 2023-INV2 TRUST                                                              | MFRA TRUST MFRA 2023 INV2 A1 144A                            | CUSIP: 59319BAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1003984 | PA      | $1015288.21   | 0.02%             | 2058-10-25      | Variable      | 6.78%                 | No            |                  2 | On Loan: No      |
| CREDIT ACCEPTANCE CORPORATION                                                    | CREDIT ACCEPTANC CREDIT ACCEPTANC                            | CUSIP: 225310AQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      500000 | PA      | $529946.00    | 0.01%             | 2028-12-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD TWD BOUGHT USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $-387380.14   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP SR UNSECURED 12/33 6.55                   | CUSIP: 29273VAU4<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     1100000 | PA      | $1194086.51   | 0.02%             | 2033-12-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| MERRILL LYNCH 1ST FRANKLIN MTG LN 2007-2                                         | MERRILL LYNCH FIRST FRANKLIN M FFMER 2007 2 A2B              | CUSIP: 59024QAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     4047925 | PA      | $2922746.85   | 0.05%             | 2037-05-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT PEN SOLD USD 20250714                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $57964.17     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BANC OF AMERICA ALT LOAN TRUST 2006-7                                            | BANC OF AMERICA ALTERNATIVE LO BOAA 2006 7 A6                | CUSIP: 059469AF3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     5159351 | PA      | $1382591.47   | 0.02%             | 2036-10-25      | Variable      | 6.36%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT TWD SOLD USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $109454.89    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD EUR BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |           1 | NC      | $-1984666.68  | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| BCC-2021-5A                                                                      | BAIN CAPITAL CREDIT CLO, LIMIT BCC 2021 5A A1R 144A          | CUSIP: 05682EAN3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     6000000 | PA      | $5985040.86   | 0.10%             | 2034-10-23      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| AMS-OSRAM AG                                                                     | AMS OSRAM AG SR UNSECURED REGS 03/29 10.5                    | CUSIP: ACI2L69P0<br>LEI: 5299001JPPT2QFTV5D76 | Long             | DBT              | CORP              | AT        |     1300000 | PA      | $1606361.73   | 0.03%             | 2029-03-30      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST 2024-2                                                  | ANGEL OAK MORTGAGE TRUST AOMT 2024 2 A1 144A                 | CUSIP: 034942AA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1559622 | PA      | $1567719.27   | 0.03%             | 2069-01-25      | Fixed         | 5.99%                 | No            |                  2 | On Loan: No      |
| ASTON MARTIN CAPITAL HOLDINGS LIMITED                                            | ASTON MARTIN CAPITAL HOL ASTON MARTIN CAPITAL HOL            | CUSIP: 04625HAJ8<br>LEI: 213800H4GKEF3CJ8C774 | Long             | DBT              | CORP              | JE        |      550000 | PA      | $521399.18    | 0.01%             | 2029-03-31      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| CIT MTGE LOAN TRUST 2007-1                                                       | CIT MORTGAGE LOAN TRUST CITM 2007 1 1M2 144A                 | CUSIP: 12559QAH5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    30848750 | PA      | $29874370.64  | 0.51%             | 2037-10-25      | Floating      | 7.06%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | ZCS BRL 13.9255 05/08/25-01/04/27 CME                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | BR        |           1 | NC      | $-13088.58    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD PLN BOUGHT USD 20250718                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PL        |           1 | NC      | $-55993.21    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NIGERIA GOVT                                                                     | NIGERIA OMO BILL OMO120626                                   | CUSIP: 955PDJII7<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |  6884915000 | PA      | $3642328.80   | 0.06%             | 2026-06-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT IDR SOLD USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ID        |           1 | NC      | $10741.78     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| DRYDEN 95 CLO LTD                                                                | DRYDEN SENIOR LOAN FUND DRSLF 2021 95A AR 144A               | CUSIP: 262487AJ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    48500000 | PA      | $48384557.39  | 0.83%             | 2034-08-20      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| FTAI AVIATION INVESTORS LLC                                                      | FORTRESS TRANS + INFRAST FORTRESS TRANS + INFRAST            | CUSIP: 34960PAF8<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |     2675000 | PA      | $2771661.13   | 0.05%             | 2031-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| LCM 36 LTD                                                                       | LCM LTD PARTNERSHIP LCM 36A A1R 144A                         | CUSIP: 50190LAL2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     2000000 | PA      | $1993309.38   | 0.03%             | 2034-01-15      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT TRY SOLD USD 20250731                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TR        |           1 | NC      | $9463.88      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.40000 05/05/25-10Y LCH                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |           1 | NC      | $3286279.48   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| CLOVER HOLDINGS 2 LLC                                                            | CLOVER HOLDINGS 2 LLC REVOLVER                               | CUSIP: 18914DAD0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      116435 | PA      | $116185.25    | 0.00%             | 2029-12-10      | Floating      | 0.52%                 | No            |                  2 | On Loan: No      |
| ACHV ABS TRUST 2025-1PL                                                          | ACHV ABS TRUST ACHV 2025 1PL A 144A                          | CUSIP: 00112MAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     3255278 | PA      | $3255850.37   | 0.06%             | 2032-04-26      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| GREENSKY HOME IMPROVEMENT TRUST 2024-2                                           | GREENSKY HOME IMPROVEMENT ISSU GSKY 2024 2 A2 144A           | CUSIP: 39571XAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1622574 | PA      | $1625348.14   | 0.03%             | 2059-10-27      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ENCORE CAPITAL GROUP INC                                                         | ENCORE CAPITAL GROUP INC ENCORE CAPITAL GROUP INC            | CUSIP: 292554AQ5<br>LEI: 5493000UVC6H49CIH830 | Long             | DBT              | CORP              | US        |     2234000 | PA      | $2378501.69   | 0.04%             | 2029-04-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| RESIDENTIAL ASSET MTGE PROD 2006-RZ4                                             | RESIDENTIAL ASSET MORTGAGE PRO RAMP 2006 RZ4 M2              | CUSIP: 75156XAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    17464341 | PA      | $15796702.32  | 0.27%             | 2036-10-25      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| OBX 2023-NQM5 TRUST                                                              | ONSLOW BAY FINANCIAL LLC OBX 2023 NQM5 A1A 144A              | CUSIP: 673919AL0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      319857 | PA      | $322465.09    | 0.01%             | 2063-06-25      | Fixed         | 6.57%                 | No            |                  2 | On Loan: No      |
| LOANCORE 2022-CRE7 ISSUER LTD                                                    | LOANCORE 2022 CRE7 ISSUER LTD. LNCR 2022 CRE7 A 144A         | CUSIP: 53946PAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      818493 | PA      | $820581.50    | 0.01%             | 2037-01-17      | Floating      | 5.85%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD CZK BOUGHT USD 20250822                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CZ        |           1 | NC      | $-2928.95     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ARES STRATEGIC INCOME FUND                                                       | ARES STRATEGIC INCOME FU SR UNSECURED 144A 09/28 5.45        | CUSIP: 04020EAL1<br>LEI: 549300IANZJVZPTICV54 | Long             | DBT              | CORP              | US        |     5000000 | PA      | $5003567.00   | 0.09%             | 2028-09-09      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD ZAR BOUGHT USD 20250723                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |           1 | NC      | $-2705.35     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD BRL BOUGHT USD 20251002                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |           1 | NC      | $-49081.73    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| TCW CLO 2024-1 LTD                                                               | TCW LTD TCW 2024 1A A1 144A                                  | CUSIP: 87252MAC7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     2000000 | PA      | $2003439.32   | 0.03%             | 2037-01-16      | Floating      | 5.86%                 | No            |                  2 | On Loan: No      |
| MERRION SQUARE RESIDENTIAL 2024-1 DAC24-1A                                       | MERRION SQUARE RESIDENTIAL MERRI 2024 1A A 144A              | CUSIP: ACI2PXBX7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | IE        |     8427051 | PA      | $9939143.25   | 0.17%             | 2081-03-24      | Floating      | 3.00%                 | No            |                  2 | On Loan: No      |
| SECURITIZED ASSET BACKED RECEIVABLES LLC 2007-BR2                                | SECURITIZED ASSET BACKED RECEI SABR 2007 BR2 A1 144A         | CUSIP: 81378PAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    15532080 | PA      | $13403282.30  | 0.23%             | 2037-02-25      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | CDX IG44 5Y ICE                                              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $33464177.47  | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| ENCORE CAPITAL GROUP INC                                                         | ENCORE CAPITAL GROUP INC SR SECURED 144A 05/30 8.5           | CUSIP: 292554AR3<br>LEI: 5493000UVC6H49CIH830 | Long             | DBT              | CORP              | US        |     8866000 | PA      | $9516941.72   | 0.16%             | 2030-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| CHILE ELECTRICITY LUX MPC II SARL                                                | CHILE ELECTRICITY LUX GOVT GUARANT 144A 10/35 5.672          | CUSIP: 16882LAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     7000000 | PA      | $7056029.89   | 0.12%             | 2035-10-20      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | LONG GILT FUTURE  SEP25 IFLL 20250926                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | GB        |          46 | NC      | $-23852.89    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| SAMMONS FINANCIAL GROUP INC                                                      | SAMMONS FINANCIAL GROUP SAMMONS FINANCIAL GROUP              | CUSIP: 79588TAF7<br>LEI: 254900SHCOQLVJ21CT59 | Long             | DBT              | CORP              | US        |    10315000 | PA      | $11069155.23  | 0.19%             | 2034-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| BREAD FINANCIAL HOLDINGS INC                                                     | BREAD FINANCIAL HLDGS SUBORDINATED 144A 06/35 VAR            | CUSIP: 018581AQ1<br>LEI: 549300G8S4PO686J7H97 | Long             | DBT              | CORP              | US        |     4000000 | PA      | $4030732.00   | 0.07%             | 2035-06-15      | Floating      | 8.38%                 | No            |                  2 | On Loan: No      |
| CHASE FUNDING MORTGAGE LOAN AS 2004-1                                            | CHASE FUNDING MORTGAGE LOAN AS CFAB 2004 1 2A2               | CUSIP: 161546HZ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      882293 | PA      | $876953.03    | 0.01%             | 2033-12-25      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD THB BOUGHT USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TH        |           1 | NC      | $-38545.96    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FINANCIAL GROUP INC (MUFG)                                        | MITSUBISHI UFJ FIN GRP SR UNSECURED 04/34 VAR                | CUSIP: 606822DC5<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |      465000 | PA      | $478132.07    | 0.01%             | 2034-04-19      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| ROLLS-ROYCE PLC                                                                  | ROLLS ROYCE PLC COMPANY GUAR 144A 10/27 5.75                 | CUSIP: 77578JAC2<br>LEI: X57JK1U580XATGR67572 | Long             | DBT              | CORP              | GB        |     3425000 | PA      | $3517629.13   | 0.06%             | 2027-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT SELECTION TRUST 2024-PT2                                          | PAGAYA AI DEBT SELECTION TRUST PAID 2024 PT2 C 144A          | CUSIP: 69544PAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      789473 | PA      | $788917.13    | 0.01%             | 2032-04-15      | Fixed         | 5.82%                 | No            |                  3 | On Loan: No      |
| SYMPHONY CLO 43 LTD 24-43A                                                       | SYMPHONY CLO LTD SYMP 2024 43A A1 144A                       | CUSIP: 87170BAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     2000000 | PA      | $2013009.40   | 0.03%             | 2037-04-15      | Floating      | 5.78%                 | No            |                  2 | On Loan: No      |
| PRPM 2024-NQM2 TRUST                                                             | PRP ADVISORS, LLC PRPM 2024 NQM2 A1 144A                     | CUSIP: 74448PAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     2669896 | PA      | $2719640.30   | 0.05%             | 2069-06-25      | Fixed         | 6.33%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD TWD BOUGHT USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $-338170.71   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDENTREE LOAN MANAGEMENT US CLO 8 LTD                                          | GOLDENTREE LOAN MANAGEMENT US GLM 2020 8A ARR 144A           | CUSIP: 38136NAY2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     5000000 | PA      | $5003506.75   | 0.09%             | 2034-10-20      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT IDR SOLD USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ID        |           1 | NC      | $22663.03     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| KENYA GOVT                                                                       | REPUBLIC OF KENYA 2024 TERM LOAN A                           | CUSIP: BA000C8P7<br>LEI: 549300VVURQQYU45PR87 | Long             | LON              | NUSS              | KE        |     5000000 | PA      | $4988075.15   | 0.09%             | 2028-04-05      | Floating      | 9.85%                 | No            |                  3 | On Loan: No      |
| NOVOLEX (CLYDESDALE ACQUISITION HOLDINGS INC)                                    | CLYDESDALE ACQ HOLDINGS INC 2025 DELAYED DRAW TERM LOAN      | CUSIP: 18972FAF9<br>LEI: 254900QKSDYFR3K5YD98 | Long             | LON              | CORP              | US        |       34364 | PA      | $34268.90     | 0.00%             | 2032-04-01      | Floating      | 1.80%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD TWD BOUGHT USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $-320291.86   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| NEUBERGER BERMAN LOAN ADVISERS CLO 45 LTD 2021-45A                               | NEUBERGER BERMAN CLO LTD NEUB 2021 45A AR 144A               | CUSIP: 64134MAJ5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    21300000 | PA      | $21260613.74  | 0.36%             | 2036-10-14      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT TRUST 2025-2                                                      | PAGAYA AI DEBT SELECTION TRUST PAID 2025 2 A2 144A           | CUSIP: 69545GAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     5173000 | PA      | $5163682.39   | 0.09%             | 2032-10-15      | Fixed         | 4.96%                 | No            |                  2 | On Loan: No      |
| PRET 2025-NPL6 LLC                                                               | PRETIUM MORTGAGE CREDIT PARTNE PRET 2025 NPL6 A1 144A        | CUSIP: 740936AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1000000 | PA      | $1002568.10   | 0.02%             | 2055-06-25      | Fixed         | 5.74%                 | No            |                  2 | On Loan: No      |
| MASTR ASSET BACKED SEC TR 2006-WMC3                                              | MASTR ASSET BACKED SECURITIES MABS 2006 WMC3 A2              | CUSIP: 55291KAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     6675968 | PA      | $2252979.49   | 0.04%             | 2036-08-25      | Floating      | 4.53%                 | No            |                  2 | On Loan: No      |
| GLS AUTO SELECT RECEIVABLES TRUST 25-3A                                          | GLS AUTO SELECT RECEIVABLES TR GSAR 2025 3A A2 144A          | CUSIP: 36272GAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      500000 | PA      | $500265.65    | 0.01%             | 2030-10-15      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| FHF ISSUER TRUST 2024-1A                                                         | FIRST HELP FINANCIAL LLC FHF 2024 1A A2 144A                 | CUSIP: 31568AAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1909378 | PA      | $1929479.39   | 0.03%             | 2030-02-15      | Fixed         | 5.69%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORPORATION                                                        | REALTY INCOME CORP SR UNSECURED 12/30 1.625                  | CUSIP: ACI1RRVD2<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |      225000 | PA      | $261126.05    | 0.00%             | 2030-12-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT TRY SOLD USD 20250717                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TR        |           1 | NC      | $9632.51      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BMO 2024-5C7 MORTGAGE TRUST                                                      | BMO MORTGAGE TRUST BMO 2024 5C7 A3                           | CUSIP: 09660WAU5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    10000000 | PA      | $10325356.00  | 0.18%             | 2057-11-15      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP ENERGY TRANSFER LP                        | CUSIP: 29273VBA7<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     2700000 | PA      | $2743515.04   | 0.05%             | 2034-09-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| REACH ABS TRUST 2025-1A                                                          | REACH FINANCIAL LLC REACH 2025 1A B 144A                     | CUSIP: 75525PAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     4600000 | PA      | $4623483.00   | 0.08%             | 2032-08-16      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT TRUST 2025-2                                                      | PAGAYA AI DEBT SELECTION TRUST PAID 2025 2 B 144A            | CUSIP: 69545GAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    13900000 | PA      | $13930043.46  | 0.24%             | 2032-10-15      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| UPSTART SECURITIZATION TRUST 2025-2                                              | UPSTART SECURITIZATION TRUST UPST 2025 2 A2 144A             | CUSIP: 91679EAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     6200000 | PA      | $6208753.53   | 0.11%             | 2035-06-20      | Fixed         | 5.22%                 | No            |                  3 | On Loan: No      |
| GOEASY LTD                                                                       | GOEASY LTD 07/29 7.625                                       | CUSIP: 380355AJ6<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |     5142000 | PA      | $5304530.80   | 0.09%             | 2029-07-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.75000 05/07/25-10Y LCH                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |           1 | NC      | $25572.48     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD SGD BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |           1 | NC      | $-128.19      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LENDBUZZ SECURITIZATION TRUST 2023-2A                                            | LENDBUZZ SECURITIZATION TRUST LBZZ 2023 2A A2 144A           | CUSIP: 52608MAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      934392 | PA      | $950202.62    | 0.02%             | 2028-10-16      | Fixed         | 7.09%                 | No            |                  2 | On Loan: No      |
| ACHV ABS TRUST 2024-3AL                                                          | ACHV ABS TRUST ACHV 2024 3AL B 144A                          | CUSIP: 00092KAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     2625198 | PA      | $2642285.42   | 0.05%             | 2031-12-26      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| LADDER CAPITAL FINANCE HOLDINGS LLLP / LADDER CAPITAL FINANCE CORP               | LADDER CAP FIN LLLP/CORP COMPANY GUAR 08/30 5.5              | CUSIP: 505742AS5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1000000 | PA      | $1007143.20   | 0.02%             | 2030-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD CNH BOUGHT USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |           1 | NC      | $-14775.01    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD BRL BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |           1 | NC      | $-77370.20    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PRKCM 2024-HOME1 TRUST                                                           | PRKCM TRUST PRKCM 2024 HOME1 A1 144A                         | CUSIP: 69391XAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1868403 | PA      | $1889042.40   | 0.03%             | 2059-05-25      | Fixed         | 6.43%                 | No            |                  2 | On Loan: No      |
| ORGANON & CO / ORGANON FOREIGN DEBT CO-ISSUER BV                                 | ORGANON + CO/ORG SR SECURED 144A 04/28 4.125                 | CUSIP: 68622TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     8656000 | PA      | $8330508.43   | 0.14%             | 2028-04-30      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD JPY BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |           1 | NC      | $7295.74      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT PLN SOLD USD 20250710                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PL        |           1 | NC      | $96474.19     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CIMA FINANCE DESIGNATED ACTIVITY COMPANY                                         | CIMA FINANCE LTD SECURED REGS 09/29 2.95                     | CUSIP: ACI1SB354<br>LEI: 213800AALTMFR1SJLJ51 | Long             | DBT              | CORP              | IE        |     3554412 | PA      | $3269319.33   | 0.06%             | 2029-09-05      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | FORD MOTOR CREDIT COMPANY LLC SNR S* ICE                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $20337.67     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT JPY SOLD USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |           1 | NC      | $-29712.43    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD TWD BOUGHT USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $-327430.14   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| PRPM 2025-RPL2 LLC                                                               | PRP ADVISORS, LLC PRPM 2025 RPL2 A1 144A                     | CUSIP: 69392MAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    11876538 | PA      | $11488328.18  | 0.20%             | 2055-04-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES 2018-1 CLASS AA PASS THROUGH TRUST                               | UNITED AIR 2018 1 AA PTT PASS THRU CE 09/31 3.5              | CUSIP: 909318AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      836756 | PA      | $789836.72    | 0.01%             | 2031-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GSAA HOME EQUITY TRUST 2005-12                                                   | GSAA HOME EQUITY TRUST GSAA 2005 12 AF3                      | CUSIP: 362341SR1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      414944 | PA      | $277039.87    | 0.00%             | 2035-09-25      | Variable      | 5.07%                 | No            |                  2 | On Loan: No      |
| CITADEL FINANCE LLC                                                              | CITADEL FINANCE LLC COMPANY GUAR 144A 02/30 5.9              | CUSIP: 17287HAD2<br>LEI: 549300BQL283NCR7P163 | Long             | DBT              | CORP              | US        |    12000000 | PA      | $12118982.16  | 0.21%             | 2030-02-10      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOME MTGE INV TRUST 2004-4                                              | AMERICAN HOME MORTGAGE INVESTM AHM 2004 4 6A2                | CUSIP: 02660TCK7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     7500000 | PA      | $6648840.00   | 0.11%             | 2045-02-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| LENDMARK FUNDING TRUST 2024-1A                                                   | LENDMARK FUNDING TRUST LFT 2024 1A A 144A                    | CUSIP: 52603DAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     3100000 | PA      | $3154538.30   | 0.05%             | 2032-06-21      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN TITAN FINANCING LIMITED                                               | TRANSOCEAN TITAN FIN LTD SR SECURED 144A 02/28 8.375         | CUSIP: 89386MAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |      167381 | PA      | $170143.96    | 0.00%             | 2028-02-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD PEN BOUGHT USD 20250917                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $-168321.53   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                      | BANK OF AMERICA CORP SR UNSECURED 01/36 VAR                  | CUSIP: 06051GMM8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     8700000 | PA      | $8948778.33   | 0.15%             | 2036-01-24      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| TIB DIVERSIFIED PAYMENT RIGHTS FINANCE CO                                        | CORPTB9D9                                                    | CUSIP: 954VMHII9<br>LEI: 549300L0OOCR1ME5E729 | Long             | DBT              | CORP              | US        |     2200000 | PA      | $2200500.04   | 0.04%             | 2034-11-15      | Floating      | 7.23%                 | Yes           |                  3 | On Loan: No      |
| FREEDOM MORTGAGE HOLDINGS LLC                                                    | FREEDOM MORTGAGE HOLD FREEDOM MORTGAGE HOLD                  | CUSIP: 35641AAB4<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |     2859000 | PA      | $2950580.32   | 0.05%             | 2031-05-15      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| GREENSKY HOME IMPROVEMENT TRUST 2024-2                                           | GREENSKY HOME IMPROVEMENT ISSU GSKY 2024 2 A3 144A           | CUSIP: 39571XAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1700000 | PA      | $1722939.97   | 0.03%             | 2059-10-27      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT TRUST 2022-3                                                      | PAGAYA AI DEBT SELECTION TRUST PAID 2022 3 AB 144A           | CUSIP: 69547MAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |        1341 | PA      | $1342.81      | 0.00%             | 2030-03-15      | Variable      | 8.05%                 | No            |                  2 | On Loan: No      |
| NIGERIA GOVT                                                                     | NIGERIA OMO BILL OMO110626                                   | CUSIP: 955PDHII1<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |  6891203000 | PA      | $3647570.32   | 0.06%             | 2026-06-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | 31750QMB2 PIMCO CDSOPT PUT USD 0.9 20250716                  | CUSIP: OP0043WK0<br>LEI: N/A                  | N/A              | DCR              |  | US        |    -5100000 | NC      | $-345.83      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT THB SOLD USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TH        |           1 | NC      | $25017.33     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                             | JPMORGAN CHASE + CO SR UNSECURED 07/35 VAR                   | CUSIP: 46647PEK8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     4138000 | PA      | $4212622.17   | 0.07%             | 2035-07-22      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| GREENSKY HOME IMPROVEMENT ISSUER TRUST 2025-1A                                   | GREENSKY HOME IMPROVEMENT ISSU GSKY 2025 1A A2 144A          | CUSIP: 39571NAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    13602402 | PA      | $13630865.89  | 0.23%             | 2060-03-25      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CARVAL CLO III LTD                                                               | CARVAL CLO LTD CARVL 2019 2A AR2 144A                        | CUSIP: 14686WAW1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    19727803 | PA      | $19742551.44  | 0.34%             | 2032-07-20      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD KWD BOUGHT USD 20300514                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |           1 | NC      | $347071.35    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD BRL BOUGHT USD 20260402                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |           1 | NC      | $-98266.04    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD NZD BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NZ        |           1 | NC      | $-1682.08     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL SERVICES INC                                                   | GFL ENVIRONMENTAL INC 2025 TERM LOAN B                       | CUSIP: 36257SAB8<br>LEI: 254900ZM5MY0A8BPJI72 | Long             | LON              | CORP              | CA        |     5000000 | PA      | $5009375.00   | 0.09%             | 2032-03-03      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.24500 10/18/24-10Y LCH                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |           1 | NC      | $1360116.95   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| AETHON UNITED BR LP / AETHON UNITED FINANCE CORP                                 | AETHON UN/AETHIN UN FIN SR UNSECURED 144A 10/29 7.5          | CUSIP: 00810GAD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2500000 | PA      | $2624197.50   | 0.04%             | 2029-10-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT TWD SOLD USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $11262.72     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                                    | FORD MOTOR CREDIT CO LLC SR UNSECURED 03/28 5.918            | CUSIP: 345397G72<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    15000000 | PA      | $15155290.95  | 0.26%             | 2028-03-20      | Fixed         | 5.92%                 | No            |                  2 | On Loan: No      |
| LADDER CAPITAL FINANCE HOLDINGS LLLP / LADDER CAPITAL FINANCE CORP               | LADDER CAP FIN LLLP/CORP COMPANY GUAR 144A 07/31 7           | CUSIP: 505742AR7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1200000 | PA      | $1255614.00   | 0.02%             | 2031-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | REPO BANK AMERICA REPO                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        |   390000000 | PA      | $390000000.00 | 6.66%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT INR SOLD USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |           1 | NC      | $26463.21     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD PEN BOUGHT USD 20250930                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $-58698.86    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                             | FNMA TBA 30 YR 5 SINGLE FAMILY MORTGAGE                      | CUSIP: 01F050684<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   282125000 | PA      | $276344128.97 | 4.72%             | 2054-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROMANIA GOVT                                                                     | ROMANIA SR UNSECURED 144A 09/31 5.125                        | CUSIP: ACI2R9YZ8<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     2000000 | PA      | $2328572.84   | 0.04%             | 2031-09-24      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD SEK BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SE        |           1 | NC      | $-592.73      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MADISON PARK FUNDING XLVI LTD 2020-46A                                           | MADISON PARK FUNDING LTD MDPK 2020 46A ARR 144A              | CUSIP: 55822AAW7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    30000000 | PA      | $30034616.40  | 0.51%             | 2034-10-15      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| GREENSKY HOME IMPROVEMENT TRUST 2024-1                                           | GREENSKY HOME IMPROVEMENT ISSU GSKY 2024 1 B 144A            | CUSIP: 39571MAF5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     2000000 | PA      | $2037144.40   | 0.03%             | 2059-06-25      | Fixed         | 5.87%                 | No            |                  2 | On Loan: No      |
| FCCU AUTO RECEIVABLES TRUST 2024-1                                               | FCCU AUTO RECEIVABLES TRUST FCCU 2024 1A A4 144A             | CUSIP: 30336CAG0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1000000 | PA      | $1024205.20   | 0.02%             | 2030-04-15      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| BAIN CAPITAL CREDIT CLO 2021-2 LTD                                               | BAIN CAPITAL CREDIT CLO, LIMIT BCC 2021 2A A1R 144A          | CUSIP: 05684RAL6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    11100000 | PA      | $11092112.01  | 0.19%             | 2034-07-16      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| WIND RIVER CLO LTD 2016-1KRA                                                     | WIND RIVER CLO LTD WINDR 2016 1KRA A1R3 144A                 | CUSIP: 97314DAN8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    21484066 | PA      | $21419806.46  | 0.37%             | 2034-10-15      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT INR SOLD USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |           1 | NC      | $-1244.99     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ORGANON & CO / ORGANON FOREIGN DEBT CO-ISSUER BV                                 | ORGANON + CO/ORGANON FOR ORGANON + CO/ORGANON FOR            | CUSIP: 68622FAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1980000 | PA      | $1903959.76   | 0.03%             | 2034-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ARGENT SECURITIES INC 2005-W5                                                    | ARGENT SECURITIES INC. ARSI 2005 W5 A2C                      | CUSIP: 040104QN4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      355649 | PA      | $339823.75    | 0.01%             | 2036-01-25      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2022-INV1                                             | VERUS SECURITIZATION TRUST VERUS 2022 INV1 A1 144A           | CUSIP: 92539JAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     4787717 | PA      | $4767633.52   | 0.08%             | 2067-08-25      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| PIKES PEAK CLO 2019-4A                                                           | PIKES PEAK CLO PIPK 2019 4A ARR 144A                         | CUSIP: 72132WAN9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    18000000 | PA      | $18013284.54  | 0.31%             | 2034-07-15      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| BAUSCH + LOMB CORPORATION                                                        | BAUSCH + LOMB CORP SR SECURED 144A 10/28 8.375               | CUSIP: 071705AA5<br>LEI: 549300NY6OZM39SO6475 | Long             | DBT              | CORP              | CA        |      250000 | PA      | $261250.00    | 0.00%             | 2028-10-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| MERRILL LYNCH MTGE INVESTORS 2004-OPT1                                           | MERRILL LYNCH MORTGAGE INVESTO MLMI 2004 OPT1 M1             | CUSIP: 59020UKP9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     3763509 | PA      | $3936875.64   | 0.07%             | 2035-06-25      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 07/25 0.00000                                  | CUSIP: 912797NX1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      103000 | PA      | $102976.05    | 0.00%             | 2025-07-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| VISTA MANAGEMENT HOLDING INC                                                     | VISTA MANAGEMENT HOLDING INC 2025 TERM LOAN B                | CUSIP: 92842EAB4<br>LEI: 5299005VABKD28UWHI65 | Long             | LON              | CORP              | US        |     5000000 | PA      | $5018750.00   | 0.09%             | 2031-04-01      | Floating      | 8.04%                 | No            |                  2 | On Loan: No      |
| VMWARE LLC                                                                       | VMWARE LLC SR UNSECURED 08/26 1.4                            | CUSIP: 928563AJ4<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |       60000 | PA      | $58046.60     | 0.00%             | 2026-08-15      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| FOOTBALL CLUB TERM NOTES 2024-XVII TRUST                                         | NATIONAL FOOTBAL LEAGUE 4.5YR                                | CUSIP: 902EYJ902<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      800000 | PA      | $814106.51    | 0.01%             | 2028-10-05      | Fixed         | 5.48%                 | Yes           |                  3 | On Loan: No      |
| COUNTRYWIDE ASSET-BACKED CERTS 2005-1                                            | COUNTRYWIDE ASSET BACKED CERTI CWL 2005 1 MV7                | CUSIP: 126673XD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     5367480 | PA      | $5293465.43   | 0.09%             | 2035-07-25      | Floating      | 6.31%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                                                             | LIFEPOINT HEALTH INC SR SECURED 144A 10/30 11                | CUSIP: 53219LAW9<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |      775000 | PA      | $855945.65    | 0.01%             | 2030-10-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD TWD BOUGHT USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $-122431.15   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CARMAX SELECT RECEIVABLES TRUST 2025-A                                           | CARMAX SELECT RECEIVABLES TRUS CMXS 2025 A A3                | CUSIP: 14319UAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    10000000 | PA      | $10073468.00  | 0.17%             | 2029-09-17      | Fixed         | 4.77%                 | No            |                  2 | On Loan: No      |
| ACHV ABS TRUST 2025-1PL                                                          | ACHV ABS TRUST ACHV 2025 1PL B 144A                          | CUSIP: 00112MAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     4418528 | PA      | $4411420.47   | 0.08%             | 2032-04-26      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| FISERV FUNDING UNLIMITED COMPANY                                                 | FISERV FUNDING UNLTD CO COMPANY GUAR 06/32 3.5               | CUSIP: ACI2WTC66<br>LEI: 254900RNWK5SE9A0I712 | Long             | DBT              | CORP              | IE        |     5000000 | PA      | $5876878.24   | 0.10%             | 2032-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD GBP BOUGHT USD 20250804                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | GB        |           1 | NC      | $-113000.57   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5500                                                          | FREDDIE MAC FHR 5500 FA                                      | CUSIP: 3137HJAP2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     9364789 | PA      | $9386804.28   | 0.16%             | 2055-02-25      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| CLARIVATE (CAMELOT FINANCE SA)                                                   | CAMELOT FINANCE SA SR SECURED 144A 11/26 4.5                 | CUSIP: 13323AAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |      146000 | PA      | $143850.75    | 0.00%             | 2026-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| RCKT MORTGAGE TRUST 2024-CES9                                                    | WOODWARD CAPITAL MANAGEMENT RCKT 2024 CES9 A1A 144A          | CUSIP: 749426AA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    13914371 | PA      | $13984078.83  | 0.24%             | 2044-12-25      | Variable      | 5.58%                 | No            |                  2 | On Loan: No      |
| GREYSTONE COMMERCIAL REAL ESTATE NOTES 2025-FL4                                  | GREYSTONE COMMERCIAL REAL ESTA GSTNE 2025 FL4 A 144A         | CUSIP: 39810MAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    50000000 | PA      | $50064211.00  | 0.85%             | 2043-01-15      | Floating      | 5.79%                 | No            |                  2 | On Loan: No      |
| CHASE HOME LENDING MORTGAGE TRUST SERIES 2024-RPL3                               | CHASE MORTGAGE FINANCE CORPORA CHASE 2024 RPL3 A1A 144A      | CUSIP: 161917AB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     8124409 | PA      | $7239796.97   | 0.12%             | 2064-09-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2024-E                                          | SMB PRIVATE EDUCATION LOAN TRU SMB 2024 E A1B 144A           | CUSIP: 78450XAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     2584647 | PA      | $2592541.50   | 0.04%             | 2056-10-16      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| TURKEY GOVT                                                                      | TURKIYE GOVERNMENT BOND BONDS 09/28 VAR                      | CUSIP: ACI2R3GV0<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |   100000000 | PA      | $2411914.28   | 0.04%             | 2028-09-06      | Fixed         | 49.96%                | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP (AKA: AMERICAN TOWER REIT INC)                               | AMERICAN TOWER CORP SR UNSECURED 01/27 2.75                  | CUSIP: 03027XAX8<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |      575000 | PA      | $561530.45    | 0.01%             | 2027-01-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD CNH BOUGHT USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |           1 | NC      | $-20.07       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| EL SALVADOR GOVT                                                                 | REPUBLIC OF EL SALVADOR SR UNSECURED 144A 02/41 7.625        | CUSIP: 283875AQ5<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |      725000 | PA      | $668812.50    | 0.01%             | 2041-02-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD KRW BOUGHT USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KR        |           1 | NC      | $-20850.53    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 10/25 0.00000                                  | CUSIP: 912797RD1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      536000 | PA      | $529005.85    | 0.01%             | 2025-10-21      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| KKR CLO 28 LTD 28A                                                               | KKR FINANCIAL CLO LTD KKR 28A AR 144A                        | CUSIP: 48253WAL6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     2000000 | PA      | $2001470.32   | 0.03%             | 2035-02-09      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT CNH SOLD USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |           1 | NC      | $23724.08     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CASTLELAKE AIRCRAFT SECURITIZATION TRUST 2025-1A                                 | CASTLELAKE AIRCRAFT SECURITIZA CLAST 2025 1A A 144A          | CUSIP: 14856VAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    13628380 | PA      | $13838021.14  | 0.24%             | 2050-02-15      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| ANCHORAGE CREDIT FUNDING 3 LTD 2016-3A                                           | ANCHORAGE CREDIT FUNDING LTD. ANCHF 2016 3A A1R 144A         | CUSIP: 03330EAJ3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     4000000 | PA      | $3794621.08   | 0.06%             | 2039-01-28      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| GLS AUTO SELECT RECEIVABLES TRUST 2024-2A                                        | GLS AUTO SELECT RECEIVABLES TR GSAR 2024 2A B 144A           | CUSIP: 379924AE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     3250000 | PA      | $3330419.95   | 0.06%             | 2030-06-17      | Fixed         | 5.64%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT TWD SOLD USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $-76.61       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ACHV ABS TRUST 2024-3AL                                                          | ACHV ABS TRUST ACHV 2024 3AL C 144A                          | CUSIP: 00092KAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     3068667 | PA      | $3074746.89   | 0.05%             | 2031-12-26      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| GREENSKY HOME IMPROVEMENT TRUST 2024-2                                           | GREENSKY HOME IMPROVEMENT ISSU GSKY 2024 2 D 144A            | CUSIP: 39571XAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      400000 | PA      | $405362.56    | 0.01%             | 2059-10-27      | Fixed         | 6.43%                 | No            |                  2 | On Loan: No      |
| BRAZIL GOVT                                                                      | LETRA TESOURO NACIONAL BILLS 04/26 0.00000                   | CUSIP: ACI2MFC91<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    48600000 | PA      | $8057774.72   | 0.14%             | 2026-04-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD THB BOUGHT USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TH        |           1 | NC      | $-56.34       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD CAD BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CA        |           1 | NC      | $-48395.18    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT PEN SOLD USD 20250730                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $65833.68     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC CO                                                      | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 08/27 2.1                | CUSIP: 694308JF5<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     9400000 | PA      | $8905506.70   | 0.15%             | 2027-08-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                                                 | ALTICE FRANCE SA SR SECURED 144A 10/29 5.5                   | CUSIP: 02156LAH4<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |     2660000 | PA      | $2207800.00   | 0.04%             | 2029-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CARVANA CO                                                                       | CARVANA CO SR SECURED 144A 06/30 9                           | CUSIP: 146869AN2<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |     4000000 | PA      | $4209033.64   | 0.07%             | 2030-06-01      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| PRIME HEALTHCARE SERVICES INC                                                    | PRIME HEALTHCARE SERVICE PRIME HEALTHCARE SERVICE            | CUSIP: 74165HAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1500000 | PA      | $1489815.00   | 0.03%             | 2029-09-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT THB SOLD USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TH        |           1 | NC      | $21416.12     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PRETIUM MORTGAGE CREDIT PARTNERS LLC 2024-NPL6                                   | PRETIUM MORTGAGE CREDIT PARTNE PRET 2024 NPL6 A1 144A        | CUSIP: 69381QAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     7496517 | PA      | $7490055.28   | 0.13%             | 2054-10-25      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST 2024-5A                                      | EXETER AUTOMOBILE RECEIVABLES EART 2024 5A C                 | CUSIP: 30165BAF0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     8000000 | PA      | $8012966.40   | 0.14%             | 2030-01-15      | Fixed         | 4.64%                 | No            |                  2 | On Loan: No      |
| COUSINS PROPERTIES LP                                                            | COUSINS PROPERTIES LP COMPANY GUAR 07/30 5.25                | CUSIP: 222793AC5<br>LEI: 254900ZQIHJ5FQH4C329 | Long             | DBT              | CORP              | US        |    10837000 | PA      | $11045979.41  | 0.19%             | 2030-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SIXTH STREET LENDING PARTNERS                                                    | SIXTH STREET LENDING PAR SR UNSECURED 144A 07/30 6.125       | CUSIP: 829932AE2<br>LEI: 549300S9P1HMDERGCR64 | Long             | DBT              | CORP              | US        |     4900000 | PA      | $4992070.85   | 0.09%             | 2030-07-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MTGE ACQUIS CORP 2006-HE3                                              | JP MORGAN MORTGAGE ACQUISITION JPMAC 2006 HE3 A3             | CUSIP: 46629VAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1215651 | PA      | $1108915.81   | 0.02%             | 2036-11-25      | Floating      | 4.65%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD TWD BOUGHT USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $-324751.46   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| HA SUSTAINABLE INFRASTRUCTURE CAPITAL INC                                        | HA SUSTAINABLE INF CAP COMPANY GUAR 07/34 6.375              | CUSIP: 41068XAF7<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | DBT              | CORP              | US        |     1700000 | PA      | $1701130.08   | 0.03%             | 2034-07-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CMA CGM SA                                                                       | CMA CGM SA CMA CGM SA                                        | CUSIP: ACI2Y8R15<br>LEI: 969500BZJ49IICIBZZ08 | Long             | DBT              | CORP              | FR        |     1500000 | PA      | $1767937.54   | 0.03%             | 2031-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2020-4                                                 | TOWD POINT MORTGAGE TRUST TPMT 2020 4 A1 144A                | CUSIP: 89179JAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      985156 | PA      | $894216.57    | 0.02%             | 2060-10-25      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD MXN BOUGHT USD 20250917                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | MX        |           1 | NC      | $-361512.03   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD KRW BOUGHT USD 20250708                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KR        |           1 | NC      | $-1831.80     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD AUD BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | AU        |           1 | NC      | $-27689.81    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MARVELL TECHNOLOGY INC                                                           | MARVELL TECHNOLOGY INC SR UNSECURED 07/35 5.45               | CUSIP: 573874AS3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      500000 | PA      | $503668.92    | 0.01%             | 2035-07-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| SELECTIVE INSURANCE GROUP INC                                                    | SELECTIVE INSURANCE GROU SR UNSECURED 04/35 5.9              | CUSIP: 816300AJ6<br>LEI: 549300R3WGJWLE40R258 | Long             | DBT              | CORP              | US        |     8513000 | PA      | $8710056.37   | 0.15%             | 2035-04-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5500                                                          | FREDDIE MAC FHR 5500 UF                                      | CUSIP: 3137HJCB1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    21788257 | PA      | $21698933.86  | 0.37%             | 2054-11-25      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                                                               | VICI PROPERTIES LP SR UNSECURED 02/30 4.95                   | CUSIP: 925650AC7<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |      610000 | PA      | $613835.87    | 0.01%             | 2030-02-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| RCKT MORTGAGE TRUST 2025-CES1                                                    | WOODWARD CAPITAL MANAGEMENT RCKT 2025 CES1 A1A 144A          | CUSIP: 749427AA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    17614286 | PA      | $17732141.76  | 0.30%             | 2045-01-25      | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD CNH BOUGHT USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |           1 | NC      | $-22790.01    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BEAR STEARNS ASSETBACKED SEC 2006-P                                              | BEAR STEARNS ASSET BACKED SECU BSABS 2006 PC1 M4             | CUSIP: 07387UBA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    10830081 | PA      | $10643907.30  | 0.18%             | 2035-12-25      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD CNH BOUGHT USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |           1 | NC      | $-19691.65    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD IDR BOUGHT USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ID        |           1 | NC      | $-41090.19    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PRET 2025-RPL3 TRUST                                                             | PRETIUM MORTGAGE CREDIT PARTNE PRET 2025 RPL3 A1 144A        | CUSIP: 69382RAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     3400000 | PA      | $3277433.06   | 0.06%             | 2065-04-25      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD NOK BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NO        |           1 | NC      | $-4113.01     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD THB BOUGHT USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TH        |           1 | NC      | $-37711.78    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT PEN SOLD USD 20250917                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $309550.98    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| DRYDEN SENIOR LOAN FUND 2016-43A                                                 | DRYDEN SENIOR LOAN FUND DRSLF 2016 43A AR3 144A              | CUSIP: 26245CBQ5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     1920000 | PA      | $1920488.39   | 0.03%             | 2034-04-20      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| RCKT MORTGAGE TRUST 2024-CES2                                                    | WOODWARD CAPITAL MANAGEMENT RCKT 2024 CES2 A1A 144A          | CUSIP: 74938PAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     3538428 | PA      | $3566053.12   | 0.06%             | 2044-04-25      | Fixed         | 6.14%                 | No            |                  2 | On Loan: No      |
| NOVELIS HOLDINGS INC                                                             | NOVELIS CORPORATION 2025 TERM LOAN B                         | CUSIP: 67000LAB8<br>LEI: 549300ZJQN1PEAT42X90 | Long             | LON              | CORP              | US        |     4987500 | PA      | $4999968.75   | 0.09%             | 2032-03-11      | Floating      | 6.30%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT INR SOLD USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |           1 | NC      | $567.57       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FORTRESS CREDIT BSL VII LTD 2019-1A                                              | FORTRESS CREDIT BSL LIMITED FCBSL 2019 1A A1R 144A           | CUSIP: 34956NAL6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     5656730 | PA      | $5662633.36   | 0.10%             | 2032-07-23      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| MEDLINE (MEDLINE BORROWER LP)                                                    | MEDLINE BORROWER LP 2024 USD ADD ON TERM LOAN B              | CUSIP: 58503UAF0<br>LEI: 254900QT3R363TVK6F09 | Long             | LON              | CORP              | US        |      992500 | PA      | $994757.94    | 0.02%             | 2028-10-23      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| ANCHORAGE CREDIT FUNDING 13 LTD                                                  | ANCHORAGE CREDIT FUNDING LTD. ANCHF 2021 13A A1 144A         | CUSIP: 03290AAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     2000000 | PA      | $1879154.18   | 0.03%             | 2039-07-27      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP (AKA: AMERICAN TOWER REIT INC)                               | AMERICAN TOWER CORP SR UNSECURED 03/27 3.65                  | CUSIP: 03027XBV1<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |      200000 | PA      | $197624.23    | 0.00%             | 2027-03-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / GLP FINANCING II INC                                            | GLP CAPITAL LP / FIN II COMPANY GUAR 01/29 5.3               | CUSIP: 361841AL3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1611000 | PA      | $1629966.30   | 0.03%             | 2029-01-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| OBX 2023-NQM9 TRUST                                                              | ONSLOW BAY FINANCIAL LLC OBX 2023 NQM9 A1 144A               | CUSIP: 673921AA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1355930 | PA      | $1379415.47   | 0.02%             | 2063-10-25      | Fixed         | 7.16%                 | No            |                  2 | On Loan: No      |
| REACH ABS TRUST 2025-1A                                                          | REACH FINANCIAL LLC REACH 2025 1A A 144A                     | CUSIP: 75525PAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     6814107 | PA      | $6815772.36   | 0.12%             | 2032-08-16      | Fixed         | 4.96%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC/CHARTER COMMUNICATIONS OPERATING CAPITAL    | CHARTER COMM OPT LLC/CAP SR SECURED 04/61 3.85               | CUSIP: 161175BY9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    15004000 | PA      | $9620972.01   | 0.16%             | 2061-04-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| AIR TRANSPORT SERVICES GROUP INC (STONEPEAK NILE PARENT LLC)                     | STONEPEAK NILE PARENT SR SECURED 144A 03/32 7.25             | CUSIP: 861932AA9<br>LEI: 254900TJV3VAFZD0GU41 | Long             | DBT              | CORP              | US        |    10656000 | PA      | $11302883.14  | 0.19%             | 2032-03-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| SPIRIT AIRLINES PASS THROUGH TRUST 2017-1AA                                      | SPIRIT AIR 2017 1 PTT AA PASS THRU CE 08/31 3.375            | CUSIP: 84858WAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      624471 | PA      | $554041.33    | 0.01%             | 2031-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST 2024-VIS1                                             | JP MORGAN MORTGAGE TRUST JPMMT 2024 VIS1 A1 144A             | CUSIP: 465970AA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      834599 | PA      | $840310.30    | 0.01%             | 2064-07-25      | Variable      | 5.99%                 | No            |                  2 | On Loan: No      |
| BAIN CAPITAL CREDIT CLO 2022-3 LTD                                               | BAIN CAPITAL CREDIT CLO, LIMIT BCC 2022 3A A1R 144A          | CUSIP: 05684NAL5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |     1300000 | PA      | $1300975.00   | 0.02%             | 2035-07-15      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT KRW SOLD USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KR        |           1 | NC      | $351.56       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ANCHORAGE CREDIT FUNDING 2018-6A LTD                                             | ANCHORAGE CREDIT FUNDING LTD. ANCHF 2018 6A A 144A           | CUSIP: 03330LAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    16580929 | PA      | $16441222.82  | 0.28%             | 2036-07-25      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| OPEN TRUST 2023-AIR                                                              | OPEN TRUST OPEN 2023 AIR A 144A                              | CUSIP: 68373BAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      180156 | PA      | $180616.61    | 0.00%             | 2040-11-15      | Floating      | 7.40%                 | No            |                  2 | On Loan: No      |
| SANTOS FINANCE LTD                                                               | SANTOS FINANCE LTD COMPANY GUAR 144A 09/33 6.875             | CUSIP: 803014AB5<br>LEI: 213800BKUBSWG53XNS94 | Long             | DBT              | CORP              | AU        |     9373000 | PA      | $10240546.13  | 0.17%             | 2033-09-19      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 08/25 0.00000                                  | CUSIP: 912797PN1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     3205000 | PA      | $3188160.85   | 0.05%             | 2025-08-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BAIN CAPITAL CREDIT CLO 2019-3A                                                  | BAIN CAPITAL CREDIT CLO LIMITE BCC 2019 3A ARR 144A          | CUSIP: 05683TBA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    18200000 | PA      | $18112908.81  | 0.31%             | 2034-10-21      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| ACHV ABS TRUST 2024-1PL                                                          | ACHV ABS TRUST ACHV 2024 1PL A 144A                          | CUSIP: 00092BAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      383356 | PA      | $386888.54    | 0.01%             | 2031-04-25      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| NAVESINK CLO 2 LTD 2024-2A                                                       | NAVESINK CLO, LIMITED NAVS 2024 2A A1 144A                   | CUSIP: 63942YAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     4600000 | PA      | $4602335.60   | 0.08%             | 2036-04-15      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC                                                         | BUILDERS FIRSTSOURCE INC COMPANY GUAR 144A 03/30 5           | CUSIP: 12008RAN7<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |     2900000 | PA      | $2849068.46   | 0.05%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ACCREDITED MORTGAGE LOAN TRUST 2005-4                                            | ACCREDITED MORTGAGE LOAN TRUST ACCR 2005 4 M2                | CUSIP: 004375EL1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    13784634 | PA      | $13044364.65  | 0.22%             | 2035-12-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| OCEANVIEW MORTGAGE TRUST 2025-INV3                                               | BAYVIEW OPPORTUNITY MASTER FUN BVINV 2025 3 AF1 144A         | CUSIP: 67648CAU4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1600000 | PA      | $1604000.32   | 0.03%             | 2055-05-25      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| CREDICORP CAPITAL SOCIEDAD TITULIZADORA SA                                       | CREDICORP CAPITAL SOCIED LOCAL GOVT G 144A 03/45 9.7         | CUSIP: 224939AB4<br>LEI: N/A                  | Long             | DBT              | CORP              | PE        |    42200000 | PA      | $12441836.66  | 0.21%             | 2045-03-05      | Fixed         | 9.70%                 | No            |                  3 | On Loan: No      |
| COLLEGE AVE STUDENT LOANS LLC 2019-A                                             | COLLEGE AVE STUDENT LOANS CASL 2019 A A1 144A                | CUSIP: 19421UAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1279186 | PA      | $1279311.48   | 0.02%             | 2048-12-28      | Floating      | 5.83%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD BRL BOUGHT USD 20251002                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |           1 | NC      | $-16347.30    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| COLLEGE AVE STUDENT LOANS LLC 2023-A                                             | COLLEGE AVE STUDENT LOANS CASL 2023 A A1 144A                | CUSIP: 193938AA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     2556596 | PA      | $2591252.20   | 0.04%             | 2055-05-25      | Floating      | 6.21%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT KRW SOLD USD 20250708                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KR        |           1 | NC      | $568.15       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SECURITIZED ASSET BACKED RECEIVABLES LLC 2006-WM4                                | SECURITIZED ASSET BACKED RECEI SABR 2006 WM4 A2B             | CUSIP: 81377XAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    27350040 | PA      | $7604632.01   | 0.13%             | 2036-11-25      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| CAIXABANK SA (AKA: LA CAIXA)                                                     | CAIXABANK SA SR UNSECURED 144A 03/30 VAR                     | CUSIP: 12803RAG9<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |     1250000 | PA      | $1293117.21   | 0.02%             | 2030-03-15      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| SOUTHERN GAS CORRIDOR CJSC                                                       | SOUTHERN GAS CORRIDOR GOVT GUARANT REGS 03/26 6.875          | CUSIP: Y8T6JPAA4<br>LEI: 213800DG58KG59XY6318 | Long             | DBT              | CORP              | AZ        |     8000000 | PA      | $8115232.40   | 0.14%             | 2026-03-24      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST 2023-7                                                  | ANGEL OAK MORTGAGE TRUST AOMT 2023 7 A1 144A                 | CUSIP: 03466DAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     2088713 | PA      | $2076667.00   | 0.04%             | 2067-11-25      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | US ULTRA BOND CBT SEP25 XCBT 20250919                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         426 | NC      | $1726336.76   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD CHF BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CH        |           1 | NC      | $-243129.08   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| STREAM INNOVATIONS 2024-1 ISSUER TRUST                                           | STREAM INNOVATIONS ISSUER TRUS STRE 2024 1A A 144A           | CUSIP: 86324CAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1623556 | PA      | $1687385.89   | 0.03%             | 2044-07-15      | Fixed         | 6.27%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | WELLS FARGO + COMPANY SR UNSECURED 01/31 VAR                 | CUSIP: 95000U3P6<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     3900000 | PA      | $4001847.37   | 0.07%             | 2031-01-24      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| PRIMO BRANDS CORPORATION                                                         | PRIMO BRANDS CORPORATION 2025 TERM LOAN B                    | CUSIP: 89678QAD8<br>LEI: 254900J0WS4AXV2LAX55 | Long             | LON              | CORP              | US        |      987525 | PA      | $992186.12    | 0.02%             | 2028-03-31      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                             | GNMA II TBA 30 YR 3 JUMBOS                                   | CUSIP: 21H030682<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    28300000 | PA      | $25029578.70  | 0.43%             | 2054-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| INSULET CORPORATION                                                              | INSULET CORPORATION SR UNSECURED 144A 04/33 6.5              | CUSIP: 45784PAL5<br>LEI: 549300TZTYD2PYN92D43 | Long             | DBT              | CORP              | US        |     4426000 | PA      | $4617606.14   | 0.08%             | 2033-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| STEPSTONE GROUP MIDCO 2 GMBH                                                     | STEPSTNE GRUP MDCO 2 GMBH THE USD TERM LOAN                  | CUSIP: BA000BVC2<br>LEI: 894500DB5T5ENCFFQU61 | Long             | LON              | CORP              | US        |     4000000 | PA      | $3890000.00   | 0.07%             | 2031-12-19      | Floating      | 8.61%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD TWD BOUGHT USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $-323173.79   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| INVESTINDUSTRIAL VIII SCSP                                                       | PRJCT ALFA INVSTINDUSTRAL VIII 2025 EUR TERM LOAN 2          | CUSIP: BA000GNP1<br>LEI: 213800KUK2RJHCSU9551 | Long             | LON              | CORP              | GB        |      378000 | PA      | $445265.35    | 0.01%             | 2026-02-27      | Floating      | 4.26%                 | Yes           |                  3 | On Loan: No      |
| ATLX 2024-RPL1 TRUST                                                             | ATLX TRUST ATLX 2024 RPL1 A1 144A                            | CUSIP: 049915AA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     5954850 | PA      | $5758794.14   | 0.10%             | 2064-04-25      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT INR SOLD USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |           1 | NC      | $21350.10     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ARMOR RE II LTD                                                                  | ARMOR RE II LTD UNSECURED 144A 01/32 VAR                     | CUSIP: 04227FAF2<br>LEI: 549300X573KDIHEJL317 | Long             | DBT              | CORP              | BM        |      700000 | PA      | $701330.00    | 0.01%             | 2032-01-07      | Floating      | 12.80%                | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES 2015-2 CLASS AA PASS THROUGH TRUST                             | AMER AIRLN 15 2 AA PTT PASS THRU CE 03/29 3.6                | CUSIP: 02377BAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      286807 | PA      | $279339.97    | 0.00%             | 2029-03-22      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD SGD BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |           1 | NC      | $-133.09      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ATLX 2024-RPL2 TRUST                                                             | ATLX TRUST ATLX 2024 RPL2 A1 144A                            | CUSIP: 049919AA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     5668363 | PA      | $5446482.91   | 0.09%             | 2063-04-25      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| UPSTART SECURITIZATION TRUST 2025-2                                              | UPSTART SECURITIZATION TRUST UPST 2025 2 A1 144A             | CUSIP: 91679EAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     2600000 | PA      | $2602623.71   | 0.04%             | 2026-06-20      | Fixed         | 4.84%                 | No            |                  3 | On Loan: No      |
| PROOFPOINT INC                                                                   | PROOFPOINT INC 2024 TERM LOAN                                | CUSIP: 74345HAG6<br>LEI: 529900C5FODDK0WSR085 | Long             | LON              | CORP              | US        |     3979849 | PA      | $3986972.79   | 0.07%             | 2028-08-31      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | AUST 10Y BOND FUT SEP25 XSFE 20250915                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | AU        |          98 | NC      | $-34319.12    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.20000 09/09/24-7Y* CME                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |           1 | NC      | $830081.68    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| ASSET BACKED SEC CORP HOME EQ 2005-HE8                                           | ASSET BACKED SECURITIES CORP H ABSHE 2005 HE8 M5             | CUSIP: 04541GUS9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     5283000 | PA      | $4587523.69   | 0.08%             | 2035-11-25      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| NAVIENT EDUCATION LOAN TRUST 2025-A                                              | NAVIENT EDUCATION LOAN TRUST NAVEL 2025 A A 144A             | CUSIP: 63943EAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     3200000 | PA      | $3225655.84   | 0.06%             | 2055-07-15      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.25000 06/18/25-5Y LCH                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |           1 | NC      | $1074754.96   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2024-3                                                | VERUS SECURITIZATION TRUST VERUS 2024 3 A1 144A              | CUSIP: 92540MAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     2782918 | PA      | $2815442.59   | 0.05%             | 2069-04-25      | Variable      | 6.34%                 | No            |                  2 | On Loan: No      |
| NBA (HARDWOOD FUNDING LLC)                                                       | HARDWOOD FUNDING LLC CORP0HRD7                               | CUSIP: 955NUHII7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     6000000 | PA      | $6035557.98   | 0.10%             | 2028-06-07      | Fixed         | 4.84%                 | Yes           |                  3 | On Loan: No      |
| PERU GOVT                                                                        | REPUBLIC OF PERU SR UNSECURED 144A 08/32 6.15                | CUSIP: 715638BY7<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    73800000 | PA      | $21549600.00  | 0.37%             | 2032-08-12      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2023-B                                          | SMB PRIVATE EDUCATION LOAN TRU SMB 2023 B A1B 144A           | CUSIP: 78449HAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     3681874 | PA      | $3758496.45   | 0.06%             | 2056-10-16      | Floating      | 6.10%                 | No            |                  2 | On Loan: No      |
| NOMURA RESECURITIZATION TRUST 2015-4R                                            | NOMURA RESECURITIZATION TRUST NMRR 2015 4R 2A2 144A          | CUSIP: 65540WBJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     3382043 | PA      | $3013724.21   | 0.05%             | 2036-10-26      | Floating      | 1.83%                 | No            |                  2 | On Loan: No      |
| ACHV ABS TRUST 2024-2PL                                                          | ACHV ABS TRUST ACHV 2024 2PL A 144A                          | CUSIP: 00092HAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1507249 | PA      | $1512948.72   | 0.03%             | 2031-10-27      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MTGE ACQUIS CORP 2007-CH3                                              | JP MORGAN MORTGAGE ACQUISITION JPMAC 2007 CH3 M2             | CUSIP: 46630XAH1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1500000 | PA      | $1373844.30   | 0.02%             | 2037-03-25      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC CO                                                      | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 03/35 5.7                | CUSIP: 694308KU0<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     8500000 | PA      | $8428351.21   | 0.14%             | 2035-03-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT IDR SOLD USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ID        |           1 | NC      | $664.62       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ARES XXVII CLO LTD 2013-2A                                                       | ARES CLO LTD ARES 2013 2A AR3 144A                           | CUSIP: 00190YBP9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     2500000 | PA      | $2502838.00   | 0.04%             | 2034-10-28      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ENTERPRISE GROUP INC (AKA: PSEG INC)                              | PUBLIC SERVICE ENTERPRIS SR UNSECURED 03/30 4.9              | CUSIP: 744573BA3<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | DBT              | CORP              | US        |     6000000 | PA      | $6105419.46   | 0.10%             | 2030-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD CNH BOUGHT USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |           1 | NC      | $-171294.38   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| OBX 2024-HYB2 TRUST                                                              | ONSLOW BAY FINANCIAL LLC OBX 2024 HYB2 A1 144A               | CUSIP: 67118RAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1565029 | PA      | $1563325.14   | 0.03%             | 2053-04-25      | Variable      | 3.68%                 | No            |                  2 | On Loan: No      |
| LEHMAN XS TRUST 2006-18N                                                         | LEHMAN XS TRUST LXS 2006 18N A4                              | CUSIP: 52522GAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1632712 | PA      | $1276042.50   | 0.02%             | 2036-12-25      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| NEW CENTURY HOME EQUITY LOAN TR 2004-1                                           | NEW CENTURY HOME EQUITY LOAN T NCHET 2004 1 M1               | CUSIP: 64352VFQ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1603274 | PA      | $1629981.74   | 0.03%             | 2034-05-25      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| FORGITALGROUP (EFESTO BIDCO SPA/EFESTO US LLC)                                   | EFESTO BIDCO SPA/US LLC SR SECURED 144A 02/32 7.5            | CUSIP: 28201XAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | IT        |     2000000 | PA      | $2026772.24   | 0.03%             | 2032-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CONTOURGLOBAL POWER HOLDINGS SA                                                  | CONTOURGLOBAL POWER HLDG SR SECURED 144A 02/30 6.75          | CUSIP: 21220LAB9<br>LEI: 549300O5AGIFK0PQ1516 | Long             | DBT              | CORP              | LU        |     7398000 | PA      | $7631850.78   | 0.13%             | 2030-02-28      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CHASE HOME LENDING MORTGAGE TRUST SERIES 2024-RPL1                               | CHASE MORTGAGE FINANCE CORPORA CHASE 2024 RPL1 A1A 144A      | CUSIP: 16159MAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     3610918 | PA      | $3216512.16   | 0.05%             | 2064-03-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | BROADCOM INC SR UNSECURED 144A 05/37 4.926                   | CUSIP: 11135FBV2<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     8305000 | PA      | $8064517.35   | 0.14%             | 2037-05-15      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| HPS CORPORATE LENDING FUND                                                       | HPS CORPORATE LENDING FU SR UNSECURED 01/28 5.45             | CUSIP: 40440VAH8<br>LEI: 549300ZS7IHUA6FKFV61 | Long             | DBT              | CORP              | US        |    12000000 | PA      | $12037236.36  | 0.21%             | 2028-01-14      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES 2020-1 CLASS AA PASS THROUGH TRUST                               | DELTA AIR LINES 2020 AA PASS THRU CE 12/29 2                 | CUSIP: 247361ZV3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      595876 | PA      | $561090.75    | 0.01%             | 2029-12-10      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| GREENSKY HOME IMPROVEMENT TRUST 2024-1                                           | GREENSKY HOME IMPROVEMENT ISSU GSKY 2024 1 A3 144A           | CUSIP: 39571MAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1100000 | PA      | $1126854.52   | 0.02%             | 2059-06-25      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| PRET 2024-NPL5 LLC                                                               | PRETIUM MORTGAGE CREDIT PARTNE PRET 2024 NPL5 A1 144A        | CUSIP: 74143QAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     6390383 | PA      | $6402093.43   | 0.11%             | 2054-09-25      | Fixed         | 5.96%                 | No            |                  2 | On Loan: No      |
| HOST HOTELS & RESORTS LP                                                         | HOST HOTELS + RESORTS LP SR UNSECURED 09/30 3.5              | CUSIP: 44107TAZ9<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              | CORP              | US        |     3018000 | PA      | $2803813.14   | 0.05%             | 2030-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CHORD ENERGY CORPORATION                                                         | CHORD ENERGY CORP COMPANY GUAR 144A 03/33 6.75               | CUSIP: 674215AN8<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | DBT              | CORP              | US        |     6862000 | PA      | $7014665.36   | 0.12%             | 2033-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT KRW SOLD USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KR        |           1 | NC      | $6884.09      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT JPY SOLD USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |           1 | NC      | $-1499.95     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.75000 12/18/24-2Y LCH                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |           1 | NC      | $242184.42    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2023-INV2                                             | VERUS SECURITIZATION TRUST VERUS 2023 INV2 A1 144A           | CUSIP: 92540BAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      796662 | PA      | $802758.85    | 0.01%             | 2068-08-25      | Fixed         | 6.44%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD CZK BOUGHT USD 20250822                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CZ        |           1 | NC      | $-28385.41    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MARVELL TECHNOLOGY INC                                                           | MARVELL TECHNOLOGY INC SR UNSECURED 02/29 5.75               | CUSIP: 573874AP9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1100000 | PA      | $1145616.03   | 0.02%             | 2029-02-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DIAMETER CREDIT FUNDING I LTD 2019-1A                                            | DIAMETER CREDIT FUNDING DCF 2019 1A A 144A                   | CUSIP: 25255AAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     2395732 | PA      | $2377579.73   | 0.04%             | 2037-07-25      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD CNH BOUGHT USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |           1 | NC      | $-10966.44    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ASSET-BACKED CERT 2004-11                                            | COUNTRYWIDE ASSET BACKED CERTI CWL 2004 11 M5                | CUSIP: 126673LV2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     3471491 | PA      | $3193751.17   | 0.05%             | 2034-12-25      | Floating      | 6.61%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2024-C                                          | SMB PRIVATE EDUCATION LOAN TRU SMB 2024 C A1A 144A           | CUSIP: 83206EAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     6388992 | PA      | $6548589.01   | 0.11%             | 2052-06-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD PLN BOUGHT USD 20250718                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PL        |           1 | NC      | $-67031.70    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT NZD SOLD USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NZ        |           1 | NC      | $11000.27     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MANUCHAR GROUP BV                                                                | MANUCHAR GROUP SARL MANUCHAR GROUP SARL                      | CUSIP: ACI2YDMC5<br>LEI: 2549001MEFA4EOZSYR71 | Long             | DBT              | CORP              | BE        |     5000000 | PA      | $5771958.18   | 0.10%             | 2032-07-07      | Floating      | 6.94%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD SGD BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |           1 | NC      | $-769.56      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CENTENE CORPORATION                                                              | CENTENE CORP SR UNSECURED 10/30 3                            | CUSIP: 15135BAW1<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    17237000 | PA      | $15412739.86  | 0.26%             | 2030-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | BANCO SANTANDER SA 01/35 6.033                               | CUSIP: 05964HBK0<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |     3800000 | PA      | $4005232.07   | 0.07%             | 2035-01-17      | Fixed         | 6.03%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT JPY SOLD USD 20250804                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |           1 | NC      | $4690.46      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                             | FNMA TBA 30 YR 6 SINGLE FAMILY MORTGAGE                      | CUSIP: 01F060683<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   725845000 | PA      | $736952257.63 | 12.58%            | 2054-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GLS AUTO RECEIVABLES ISSUER TRUST 2024-3A                                        | GLS AUTO RECEIVABLES TRUST GCAR 2024 3A B 144A               | CUSIP: 37989AAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     2800000 | PA      | $2813335.28   | 0.05%             | 2029-01-16      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | US 5YR NOTE (CBT) SEP25 XCBT 20250930                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |        6947 | NC      | $6426691.37   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| RCKT MORTGAGE TRUST 2024-CES4                                                    | WOODWARD CAPITAL MANAGEMENT RCKT 2024 CES4 A1A 144A          | CUSIP: 74939FAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     8069006 | PA      | $8145651.50   | 0.14%             | 2044-06-25      | Variable      | 6.15%                 | No            |                  2 | On Loan: No      |
| SCULPTOR CLO XXVII LTD 27A                                                       | SCULPTOR CLO LTD SCUL 27A A1R 144A                           | CUSIP: 81124UAW4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    10000000 | PA      | $10002555.50  | 0.17%             | 2034-07-20      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| WAYFAIR LLC                                                                      | WAYFAIR LLC SR SECURED 144A 10/29 7.25                       | CUSIP: 94419NAA5<br>LEI: 549300CTUWTZGOXMYI40 | Long             | DBT              | CORP              | US        |     7207200 | PA      | $7228446.83   | 0.12%             | 2029-10-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                                    | FORD MOTOR CREDIT CO LLC SR UNSECURED 11/29 5.875            | CUSIP: 345397G49<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     8000000 | PA      | $8026411.60   | 0.14%             | 2029-11-07      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | DEUTSCHE BANK REPO REPO                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        |    32400000 | PA      | $32400000.00  | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT IDR SOLD USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ID        |           1 | NC      | $9964.57      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                                           | VENTURE GLOBAL LNG INC SR SECURED 144A 06/31 8.375           | CUSIP: 92332YAB7<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |     5038000 | PA      | $5236248.73   | 0.09%             | 2031-06-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| LEHMAN XS TRUST 2006-2N                                                          | LEHMAN XS TRUST LXS 2006 2N 1A1                              | CUSIP: 525221HA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     9271853 | PA      | $8288917.30   | 0.14%             | 2046-02-25      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD CNH BOUGHT USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |           1 | NC      | $-8628.92     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA INC COMPANY GUAR 03/35 5.75                              | CUSIP: 404119DB2<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    13715000 | PA      | $14111596.11  | 0.24%             | 2035-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD BRL BOUGHT USD 20251002                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |           1 | NC      | $-24732.85    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FLORA FOOD MANAGEMENT BV                                                         | FLORA FOOD MANAGEMENT BV SR SECURED 144A 07/29 6.875         | CUSIP: ACI2PNX49<br>LEI: 2549002VGA888UKFKS25 | Long             | DBT              | CORP              | NL        |     1000000 | PA      | $1197678.70   | 0.02%             | 2029-07-02      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT TRUST 2025-1                                                      | PAGAYA AI DEBT SELECTION TRUST PAID 2025 1 B 144A            | CUSIP: 69544NAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     9999146 | PA      | $10057164.24  | 0.17%             | 2032-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| BRIDGECREST LENDING AUTO SECURITIZATION TRUST 2025-2                             | BRIDGECREST LENDING AUTO SECUR BLAST 2025 2 C                | CUSIP: 10807HAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    15000000 | PA      | $15156879.00  | 0.26%             | 2031-03-17      | Fixed         | 5.17%                 | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ASSET-BACKED CERT 2006-17                                            | COUNTRYWIDE ASSET BACKED CERTI CWL 2006 17 2A3               | CUSIP: 12666VAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     6537333 | PA      | $6177867.20   | 0.11%             | 2047-03-25      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD BRL BOUGHT USD 20251002                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |           1 | NC      | $-33959.65    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT TWD SOLD USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $71740.76     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | ZCS BRL 13.2914 05/08/25-01/02/29 CME                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | BR        |           1 | NC      | $200981.95    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ANGOLA GOVT                                                                      | REPUBLIC OF ANGOLA SR UNSECURED REGS 11/29 8                 | CUSIP: ACI1H0020<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |     6100000 | PA      | $5547515.62   | 0.09%             | 2029-11-26      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | CDX HY43 5Y ICE                                              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $11129055.41  | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD BRL BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |           1 | NC      | $-68791.41    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT CAD SOLD USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CA        |           1 | NC      | $41500.46     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GSAMP TRUST 2006-NC2                                                             | GSAMP TRUST GSAMP 2006 NC2 A2B                               | CUSIP: 362463AC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      822225 | PA      | $453244.77    | 0.01%             | 2036-06-25      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| NATIONAL FUEL GAS COMPANY                                                        | NATIONAL FUEL GAS CO SR UNSECURED 03/35 5.95                 | CUSIP: 636180BU4<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | DBT              | CORP              | US        |     3000000 | PA      | $3068964.15   | 0.05%             | 2035-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC/CHARTER COMMUNICATIONS OPERATING CAPITAL    | CHARTER COMM OPT LLC/CAP SR SECURED 01/29 2.25               | CUSIP: 161175CD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1000000 | PA      | $921173.28    | 0.02%             | 2029-01-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| PRP ADVISORS LLC 2024-RCF4                                                       | PRP ADVISORS, LLC PRPM 2024 RCF4 A1 144A                     | CUSIP: 74448JAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      777584 | PA      | $762476.97    | 0.01%             | 2054-07-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                             | FNMA TBA 30 YR 4 SINGLE FAMILY MORTGAGE                      | CUSIP: 01F040685<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   121600000 | PA      | $113059531.01 | 1.93%             | 2054-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT AUD SOLD USD 20250805                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | AU        |           1 | NC      | $27759.83     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GREENSAIF PIPELINES BIDCO SARL                                                   | GREENSAIF PIPELINES BIDC SR SECURED 144A 02/36 5.8528        | CUSIP: 39541EAD5<br>LEI: 549300YWDGUXPB8GRP47 | Long             | DBT              | CORP              | LU        |     3500000 | PA      | $3543219.75   | 0.06%             | 2036-02-23      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD THB BOUGHT USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TH        |           1 | NC      | $-255.29      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD TWD BOUGHT USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $-310633.24   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD CNH BOUGHT USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |           1 | NC      | $-17188.42    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | 31750QN88 PIMCO CDSOPT PUT USD 0.85 20250716                 | CUSIP: OP00442S4<br>LEI: N/A                  | N/A              | DCR              |  | US        |    -5800000 | NC      | $-415.98      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PERU GOVT                                                                        | REPUBLIC OF PERU SR UNSECURED REGS 08/37 6.9                 | CUSIP: P87324BE1<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |      200000 | PA      | $57543.54     | 0.00%             | 2037-08-12      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD SEK BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SE        |           1 | NC      | $-5128.53     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| VCAT 2025-NPL1 LLC                                                               | VCAT ASSET SECURITIZATION, LLC VCAT 2025 NPL1 A1 144A        | CUSIP: 921962AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     9655816 | PA      | $9681766.78   | 0.17%             | 2055-01-25      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD SGD BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |           1 | NC      | $-49939.01    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD CNH BOUGHT USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |           1 | NC      | $-15317.08    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| AXALTA COATING SYSTEMS LLC                                                       | AXALTA COATING SYSTEMS COMPANY GUAR 144A 02/29 3.375         | CUSIP: 05453GAC9<br>LEI: 549300G80QONCHILSF69 | Long             | DBT              | CORP              | US        |     2305000 | PA      | $2184975.19   | 0.04%             | 2029-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD CNH BOUGHT USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |           1 | NC      | $-10724.27    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FHF ISSUER TRUST 2024-3A                                                         | FIRST HELP FINANCIAL LLC FHF 2024 3A A2 144A                 | CUSIP: 30339EAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     6632876 | PA      | $6654757.53   | 0.11%             | 2030-11-15      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2024-5                                                | VERUS SECURITIZATION TRUST VERUS 2024 5 A1 144A              | CUSIP: 92540HAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     4665625 | PA      | $4714564.62   | 0.08%             | 2069-06-25      | Variable      | 6.19%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD NOK BOUGHT USD 20250804                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NO        |           1 | NC      | $224.96       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| WASHINGTON MUTUAL 2005-AR13                                                      | WAMU MORTGAGE PASS THROUGH CER WAMU 2005 AR13 A1B2           | CUSIP: 92922F4R6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1923252 | PA      | $1918413.48   | 0.03%             | 2045-10-25      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOME MORTGAGE ASSETS 2006-5                                             | AMERICAN HOME MORTGAGE ASSETS AHMA 2006 5 A1                 | CUSIP: 02660KAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      500950 | PA      | $121610.26    | 0.00%             | 2046-11-25      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                             | PROJECT FLASH TERM LOAN                                      | CUSIP: BA000KZ79<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | LON              | CORP              | US        |     3000000 | PA      | $3000000.00   | 0.05%             | 2030-04-30      | Floating      | 0.00%                 | No            |                  3 | On Loan: No      |
| N/A                                                                              | BOUGHT SGD SOLD USD 20250805                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |           1 | NC      | $798.98       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2015-4                                                 | TOWD POINT MORTGAGE TRUST TPMT 2015 4 B2 144A                | CUSIP: 89171UAL3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     7500000 | PA      | $7314306.75   | 0.12%             | 2055-04-25      | Variable      | 4.11%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD BRL BOUGHT USD 20251002                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |           1 | NC      | $-82798.47    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ANCHORAGE CREDIT FUNDING 14 LTD                                                  | ANCHORAGE CREDIT FUNDING LTD. ANCHF 2021 14A A 144A          | CUSIP: 033295AA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     2000000 | PA      | $1863664.76   | 0.03%             | 2040-01-21      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / GLP FINANCING II INC                                            | GLP CAPITAL LP / FIN II GLP CAPITAL LP / FIN II              | CUSIP: 361841AT6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1800000 | PA      | $1794684.42   | 0.03%             | 2034-09-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| MFA 2023-NQM4 TRUST                                                              | MFRA TRUST MFRA 2023 NQM4 A1 144A                            | CUSIP: 55286LAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1780097 | PA      | $1790297.84   | 0.03%             | 2068-12-25      | Fixed         | 6.11%                 | No            |                  2 | On Loan: No      |
| ONEMAIN DIRECT AUTO RECEIVABLES TRUST 2023-1A                                    | ONEMAIN DIRECT AUTO RECEIVABLE ODART 2023 1A A 144A          | CUSIP: 682685AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     4000000 | PA      | $4038722.40   | 0.07%             | 2029-11-14      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| GLS AUTO SELECT RECEIVABLES TRUST 2024-4                                         | GLS AUTO SELECT RECEIVABLES TR GSAR 2024 4A B 144A           | CUSIP: 36271BAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      630000 | PA      | $631763.75    | 0.01%             | 2030-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| LEHMAN XS TRUST 2007-16N                                                         | LEHMAN XS TRUST LXS 2007 16N 1A1                             | CUSIP: 52525BAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     8330273 | PA      | $7500970.35   | 0.13%             | 2047-09-25      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| RESTAURANT BRANDS (1011778 BC UNLIMITED LIABILITY CO/NEW RED FINANCE INC)        | 1011778 BC / NEW RED FIN SR SECURED 144A 02/29 3.5           | CUSIP: 68245XAP4<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     2514000 | PA      | $2396574.58   | 0.04%             | 2029-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PRKCM 2023-AFC4 TRUST                                                            | PRKCM TRUST PRKCM 2023 AFC4 A1 144A                          | CUSIP: 69380GAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      722806 | PA      | $734174.53    | 0.01%             | 2058-11-25      | Fixed         | 7.22%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT EUR SOLD USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |           1 | NC      | $602495.20    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| CROSS 2024-H2 MORTGAGE TRUST                                                     | CROSS MORTGAGE TRUST CROSS 2024 H2 A1 144A                   | CUSIP: 22757BAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      730642 | PA      | $736279.84    | 0.01%             | 2069-04-25      | Fixed         | 6.09%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING AESOP 2023-2A LLC                                 | AVIS BUDGET RENTAL CAR FUNDING AESOP 2023 2A A 144A          | CUSIP: 05377RGJ7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      500000 | PA      | $503961.20    | 0.01%             | 2027-10-20      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD PEN BOUGHT USD 20250929                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $-65977.28    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| EQUITABLE HOLDINGS INC                                                           | EQUITABLE HOLDINGS INC SR UNSECURED 04/28 4.35               | CUSIP: 054561AJ4<br>LEI: 549300FIBAKMNHPZ4009 | Long             | DBT              | CORP              | US        |       60000 | PA      | $59905.63     | 0.00%             | 2028-04-20      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| NAVIENT PRIVATE EDUCATION REFI LOAN TRUST 2019-D                                 | NAVIENT STUDENT LOAN TRUST NAVSL 2019 D A2B 144A             | CUSIP: 63941CAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1069851 | PA      | $1065551.69   | 0.02%             | 2059-12-15      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| CANTOR FITZGERALD LP                                                             | CANTOR FITZGERALD LP CANTOR FITZGERALD LP                    | CUSIP: 138616AM9<br>LEI: 549300RLUEEVQEMX0450 | Long             | DBT              | CORP              | US        |      850000 | PA      | $902622.67    | 0.02%             | 2028-12-12      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE HOLDINGS LLC                                                    | FREEDOM MORTGAGE HOLD SR UNSECURED 144A 04/32 8.375          | CUSIP: 35641AAC2<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |     1836000 | PA      | $1857246.19   | 0.03%             | 2032-04-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| GREENSKY HOME IMPROVEMENT ISSUER TRUST 2025-1A                                   | GREENSKY HOME IMPROVEMENT ISSU GSKY 2025 1A A3 144A          | CUSIP: 39571NAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    13200000 | PA      | $13451998.56  | 0.23%             | 2060-03-25      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD SGD BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |           1 | NC      | $-8411.45     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| DRIVE AUTO RECEIVABLES TRUST 2024-2                                              | DRIVE AUTO RECEIVABLES TRUST DRIVE 2024 2 B                  | CUSIP: 26207AAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     6000000 | PA      | $6000579.60   | 0.10%             | 2029-07-16      | Fixed         | 4.52%                 | No            |                  2 | On Loan: No      |
| GARTNER INC                                                                      | GARTNER INC COMPANY GUAR 144A 10/30 3.75                     | CUSIP: 366651AE7<br>LEI: PP55B5R38BFB8O8HH686 | Long             | DBT              | CORP              | US        |    15411000 | PA      | $14430912.80  | 0.25%             | 2030-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN AQUILA LIMITED                                                        | TRANSOCEAN AQUILA LTD SR SECURED 144A 09/28 8                | CUSIP: 893790AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |      203846 | PA      | $206001.21    | 0.00%             | 2028-09-30      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| NATURE COAST RE LTD                                                              | NATURE COAST RE LTD UNSECURED 144A 04/33 VAR                 | CUSIP: 63901CAE1<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     2200000 | PA      | $2210120.00   | 0.04%             | 2033-04-10      | Floating      | 14.04%                | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD TWD BOUGHT USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $-301510.80   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| ECMC GROUP STUDENT LOAN TRUST 2020-2A                                            | ECMC GROUP STUDENT LOAN TRUST ECMC 2020 2A A 144A            | CUSIP: 26829HAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      885367 | PA      | $889460.83    | 0.02%             | 2069-11-25      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| AMMC CLO 24 LTD                                                                  | AMERICAN MONEY MANAGEMENT CORP AMMC 2021 24A AR 144A         | CUSIP: 00177LAJ9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     9100000 | PA      | $9103320.68   | 0.16%             | 2035-01-20      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| HA SUSTAINABLE INFRASTRUCTURE CAPITAL INC                                        | HA SUSTAINABLE INF CAP COMPANY GUAR 01/31 6.15               | CUSIP: 40408AAA9<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | DBT              | CORP              | US        |     2700000 | PA      | $2734650.88   | 0.05%             | 2031-01-15      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| FORWARD AIR CORPORATION (CLUE OPCO LLC)                                          | FORWARD AIR CORPORATION TERM LOAN B                          | CUSIP: 18948EAC0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     2032348 | PA      | $2023558.09   | 0.03%             | 2030-12-19      | Floating      | 8.78%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | ROMANIA EM SP BPS                                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $10116.54     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC CO                                                      | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 01/29 6.1                | CUSIP: 694308KL0<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     4000000 | PA      | $4145673.28   | 0.07%             | 2029-01-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS GROUP AG SR UNSECURED 144A 08/28 VAR                     | CUSIP: 225401AV0<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |      550000 | PA      | $571586.33    | 0.01%             | 2028-08-11      | Floating      | 6.44%                 | No            |                  2 | On Loan: No      |
| SLM CORP (SALLIE MAE)                                                            | SLM CORP SR UNSECURED 01/30 6.5                              | CUSIP: 78442PGF7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    10715000 | PA      | $11255036.00  | 0.19%             | 2030-01-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SEQUOIA MORTGAGE TRUST 2024-HYB1                                                 | SEQUOIA MORTGAGE TRUST SEMT 2024 HYB1 A1A 144A               | CUSIP: 81749EAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    15647364 | PA      | $15816034.41  | 0.27%             | 2063-11-25      | Variable      | 4.47%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT GRANTOR TRUST 2024-5                                              | PAGAYA AI DEBT SELECTION TRUST PAID 2024 5 A 144A            | CUSIP: 69544LAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      998590 | PA      | $1008392.81   | 0.02%             | 2031-10-15      | Fixed         | 6.28%                 | No            |                  2 | On Loan: No      |
| SAXON ASSET SECURITIES TRUST-2006-1                                              | SAXON ASSET SECURITIES TRUST SAST 2006 1 M2                  | CUSIP: 80556UAG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     6050000 | PA      | $4693952.40   | 0.08%             | 2036-03-25      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD JPY BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |           1 | NC      | $-4682.69     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD BRL BOUGHT USD 20251002                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |           1 | NC      | $-53695.42    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| OPORTUN ISSUANCE TRUST 2025-A                                                    | OPORTUN FUNDING LLC OPTN 2025 A B 144A                       | CUSIP: 68377TAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     2000000 | PA      | $1998661.20   | 0.03%             | 2033-02-08      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                          | BPCE SA 144A 05/36 VAR                                       | CUSIP: 056121AB2<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |     6182000 | PA      | $6370815.90   | 0.11%             | 2036-05-28      | Floating      | 6.03%                 | No            |                  2 | On Loan: No      |
| BAIN CAPITAL CREDIT CLO 2021-3 LTD                                               | BAIN CAPITAL CREDIT CLO, LIMIT BCC 2021 3A AR 144A           | CUSIP: 05683NAJ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    10000000 | PA      | $9958739.50   | 0.17%             | 2034-07-24      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2024-D                                          | SMB PRIVATE EDUCATION LOAN TRU SMB 2024 D A1A 144A           | CUSIP: 83207QAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     4442896 | PA      | $4537005.66   | 0.08%             | 2053-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CREDIT OPPORTUNITIES PARTNERS JV LLC                                             | CREDIT OPPORTUNITIES PARTNERS 2025A SR UNSECD NT TRANCHE A   | CUSIP: 955SEWII1<br>LEI: 5493003CSKFS2RY0JR63 | Long             | DBT              | CORP              | US        |     8000000 | PA      | $8053600.00   | 0.14%             | 2028-03-20      | Fixed         | 6.52%                 | Yes           |                  3 | On Loan: No      |
| GREENSKY HOME IMPROVEMENT TRUST 2024-1                                           | GREENSKY HOME IMPROVEMENT ISSU GSKY 2024 1 C 144A            | CUSIP: 39571MAG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     2000000 | PA      | $2051267.20   | 0.04%             | 2059-06-25      | Fixed         | 6.36%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD PEN BOUGHT USD 20251205                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $-40613.99    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD AUD BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | AU        |           1 | NC      | $-183636.50   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CPPIB OVM MEMBER US LLC                                                          | CPPIB CAPITAL INC TERM LOAN B                                | CUSIP: 12673CAB0<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |     1985004 | PA      | $1982522.33   | 0.03%             | 2031-08-20      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TSY INFL IX N/B 07/34 1.875                                  | CUSIP: 91282CLE9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   100274588 | PA      | $100409676.24 | 1.71%             | 2034-07-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| MF1 2024-FL14 LLC                                                                | MF1 MULTIFAMILY HOUSING MORTGA MF1 2024 FL14 A 144A          | CUSIP: 55416AAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     2000000 | PA      | $2008518.38   | 0.03%             | 2039-03-19      | Floating      | 6.05%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT TRUST 2025-1                                                      | PAGAYA AI DEBT SELECTION TRUST PAID 2025 1 C 144A            | CUSIP: 69544NAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     4999573 | PA      | $5028497.63   | 0.09%             | 2032-07-15      | Fixed         | 5.87%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | MORGAN STANLEY MORGAN STANLEY                                | CUSIP: 61747YFH3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |      500000 | PA      | $529696.63    | 0.01%             | 2029-11-01      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD PLN BOUGHT USD 20250718                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PL        |           1 | NC      | $-76681.22    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| VISIO TRUST 2023-2                                                               | VISIO TRUST VISIO 2023 2 A1 144A                             | CUSIP: 92839CAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      768587 | PA      | $775243.74    | 0.01%             | 2058-10-25      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| SLM STUDENT LOAN TRUST 2004-2X                                                   | SLM STUDENT LOAN TR 04 2 ASSET BACKED REGS 07/39 VAR         | CUSIP: B00KKMII6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1120469 | PA      | $1245578.20   | 0.02%             | 2039-07-25      | Floating      | 2.71%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD TWD BOUGHT USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $-296228.59   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD PEN BOUGHT USD 20250714                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $-340261.29   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| CIM TRUST 2025-R1                                                                | CIM TRUST CIM 2025 R1 A1 144A                                | CUSIP: 12575LAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    12029972 | PA      | $11902416.84  | 0.20%             | 2099-02-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DTE ENERGY COMPANY                                                               | DTE ENERGY CO SR UNSECURED 04/30 5.2                         | CUSIP: 233331BN6<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |     6000000 | PA      | $6142759.62   | 0.10%             | 2030-04-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| CASCADE MH ASSET TRUST 2024-MH1                                                  | CASCADE MH ASSET TRUST CMHAT 2024 MH1 A1 144A                | CUSIP: 14731VAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     2354559 | PA      | $2407881.32   | 0.04%             | 2056-11-25      | Variable      | 5.70%                 | No            |                  2 | On Loan: No      |
| 37 CAPITAL CLO 4 LTD 2023-2A                                                     | 37 CAPITAL CLO LTD PUTNM 2023 2A AR 144A                     | CUSIP: 883932AN5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     5200000 | PA      | $5183697.38   | 0.09%             | 2035-04-15      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| NOMURA ASSET ACCEPT CORP 2006-AF2                                                | NOMURA ASSET ACCEPTANCE CORPOR NAA 2006 AF2 1A2              | CUSIP: 65536VAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     9238151 | PA      | $2442055.34   | 0.04%             | 2036-08-25      | Variable      | 5.98%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD JPY BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |           1 | NC      | $-131422.91   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| COTERRA ENERGY INC                                                               | COTERRA ENERGY INC SR UNSECURED 02/35 5.4                    | CUSIP: 127097AM5<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | DBT              | CORP              | US        |     2000000 | PA      | $1980965.18   | 0.03%             | 2035-02-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST 2024-5A                                      | EXETER AUTOMOBILE RECEIVABLES EART 2024 5A B                 | CUSIP: 30165BAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     8000000 | PA      | $7994264.00   | 0.14%             | 2029-04-16      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | CDX IG43 5Y ICE                                              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $1065932.37   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS GROUP AG SR UNSECURED 144A 08/33 VAR                     | CUSIP: 225401AZ1<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |     4091000 | PA      | $4451266.55   | 0.08%             | 2033-08-12      | Floating      | 6.54%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT CAD SOLD USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CA        |           1 | NC      | $124415.01    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD NOK BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NO        |           1 | NC      | $-611.32      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GLS AUTO RECEIVABLES ISSUER TRUST 2025-2A                                        | GLS AUTO RECEIVABLES TRUST GCAR 2025 2A A3 144A              | CUSIP: 37989BAE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    19000000 | PA      | $19070193.60  | 0.33%             | 2029-01-16      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NEWFOLD DIGITAL HOLDINGS GROUP INC                                               | NEWFOLD DIGITAL HLDGS GR SR SECURED 144A 10/28 11.75         | CUSIP: 650929AA0<br>LEI: 549300UTQC2651SB0W88 | Long             | DBT              | CORP              | US        |     2500000 | PA      | $1887500.00   | 0.03%             | 2028-10-15      | Fixed         | 11.75%                | No            |                  3 | On Loan: No      |
| N/A                                                                              | BOUGHT PLN SOLD USD 20250710                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PL        |           1 | NC      | $63981.31     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PRET 2025-NPL4 LLC                                                               | PRETIUM MORTGAGE CREDIT PARTNE PRET 2025 NPL4 A1 144A        | CUSIP: 74136UAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    30854673 | PA      | $31035101.52  | 0.53%             | 2055-04-25      | Fixed         | 6.37%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT SELECTION TRUST 2024-PT2                                          | PAGAYA AI DEBT SELECTION TRUST PAID 2024 PT2 A 144A          | CUSIP: 69544PAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      991770 | PA      | $992143.89    | 0.02%             | 2032-04-15      | Fixed         | 5.16%                 | No            |                  3 | On Loan: No      |
| GLP CAPITAL LP / GLP FINANCING II INC                                            | GLP CAPITAL LP / FIN II COMPANY GUAR 04/26 5.375             | CUSIP: 361841AH2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      780000 | PA      | $780657.54    | 0.01%             | 2026-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| GOEASY LTD                                                                       | GOEASY LTD COMPANY GUAR 144A 05/30 6.875                     | CUSIP: 380355AM9<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |     3330000 | PA      | $3350962.35   | 0.06%             | 2030-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD MXN BOUGHT USD 20250917                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | MX        |           1 | NC      | $-0.16        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| STRYKER CORPORATION                                                              | STRYKER CORP SR UNSECURED 06/30 1.95                         | CUSIP: 863667AY7<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |     1000000 | PA      | $892376.72    | 0.02%             | 2030-06-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC                                                             | HOWMET AEROSPACE INC SR UNSECURED 01/28 6.75                 | CUSIP: 022249AU0<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |       60000 | PA      | $63239.76     | 0.00%             | 2028-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SIXTH STREET LENDING PARTNERS                                                    | SIXTH STREET LENDING PAR SR UNSECURED 01/30 5.75             | CUSIP: 829932AD4<br>LEI: 549300S9P1HMDERGCR64 | Long             | DBT              | CORP              | US        |     7600000 | PA      | $7622377.67   | 0.13%             | 2030-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SOUNDVIEW HOME EQUITY LOAN TR 2007-WMC1                                          | SOUNDVIEW HOME EQUITY LOAN TRU SVHE 2007 WMC1 3A3            | CUSIP: 83612NAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    11250933 | PA      | $3026657.29   | 0.05%             | 2037-02-25      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT BRL SOLD USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |           1 | NC      | $250884.17    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SAN DIEGO GAS & ELECTRIC COMPANY                                                 | SAN DIEGO G + E 1ST MORTGAGE 04/35 5.4                       | CUSIP: 797440CG7<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |     5000000 | PA      | $5107617.95   | 0.09%             | 2035-04-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT INR SOLD USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |           1 | NC      | $18400.31     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD BRL BOUGHT USD 20251002                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |           1 | NC      | $-69800.60    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ACHV ABS TRUST 2024-2PL                                                          | ACHV ABS TRUST ACHV 2024 2PL B 144A                          | CUSIP: 00092HAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     2344309 | PA      | $2359505.25   | 0.04%             | 2031-10-27      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| MF1 MULTIFAMILY HOUSING MORTGAGE LOAN TRUST 2021-W10                             | MF1 MULTIFAMILY HOUSING MORTGA MF1 2021 W10 A 144A           | CUSIP: 55284DAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     3790000 | PA      | $3780885.81   | 0.06%             | 2034-12-15      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP SR UNSECURED 04/30 5.2                    | CUSIP: 29273VBD1<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     5000000 | PA      | $5113468.95   | 0.09%             | 2030-04-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| JETBLUE 2019-1 CLASS AA PASS THROUGH TRUST                                       | JETBLUE 2019 1 CLASS AA PASS THRU CE 11/33 2.75              | CUSIP: 477143AH4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1487900 | PA      | $1305615.44   | 0.02%             | 2033-11-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| PFP 2024-11 LTD                                                                  | PFP III PFP 2024 11 A 144A                                   | CUSIP: 69291WAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |    16481185 | PA      | $16539874.52  | 0.28%             | 2039-09-17      | Floating      | 6.14%                 | No            |                  2 | On Loan: No      |
| CERDIA FINANZ GMBH                                                               | CERDIA FINANZ GMBH CERDIA FINANZ GMBH                        | CUSIP: 15679GAC6<br>LEI: 391200KURNDJSX9GX570 | Long             | DBT              | CORP              | DE        |     2500000 | PA      | $2597425.00   | 0.04%             | 2031-10-03      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                                    | BOEING CO/THE SR UNSECURED 05/34 6.528                       | CUSIP: 097023DS1<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     3573000 | PA      | $3884505.72   | 0.07%             | 2034-05-01      | Fixed         | 6.53%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT TRUST 2023-3                                                      | PAGAYA AI DEBT SELECTION TRUST PAID 2023 3 B 144A            | CUSIP: 69548BAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     2196520 | PA      | $2209115.47   | 0.04%             | 2030-12-16      | Fixed         | 9.57%                 | No            |                  2 | On Loan: No      |
| IPL PLASTICS (INTELLIGENT PACKAGING LTD/INTELLIGENT PACKAGING LTD CO-ISSUER LLC) | INTELLIGENT PACKAGING SR SECURED 144A 09/28 6                | CUSIP: 45827MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     1000000 | PA      | $1000000.00   | 0.02%             | 2028-09-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 08/25 0.00000                                  | CUSIP: 912797PQ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      782000 | PA      | $776557.28    | 0.01%             | 2025-08-28      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| RCKT MORTGAGE TRUST 2024-CES6                                                    | WOODWARD CAPITAL MANAGEMENT RCKT 2024 CES6 A1A 144A          | CUSIP: 749410AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     4227720 | PA      | $4230487.51   | 0.07%             | 2044-09-25      | Variable      | 5.34%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT JPY SOLD USD 20250804                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |           1 | NC      | $199.40       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SANTANDER DRIVE AUTO RECEIVABLES TRUST 2023-6                                    | SANTANDER DRIVE AUTO RECEIVABL SDART 2023 6 C                | CUSIP: 80287DAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      500000 | PA      | $517932.90    | 0.01%             | 2031-03-17      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT+T INC SR UNSECURED 02/28 1.65                             | CUSIP: 00206RKG6<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     1380000 | PA      | $1294886.26   | 0.02%             | 2028-02-01      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| ARCAN-2A                                                                         | ARCANO EURO CLO ARCAN 2A B                                   | CUSIP: ACI2YDL36<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |     3000000 | PA      | $3533851.95   | 0.06%             | 2039-07-25      | Floating      | 3.99%                 | No            |                  2 | On Loan: No      |
| GSAMP TRUST 2007-FM2                                                             | GSAMP TRUST GSAMP 2007 FM2 A1                                | CUSIP: 3622MHAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     9669460 | PA      | $5894066.48   | 0.10%             | 2037-01-25      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| EXPAND ENERGY CORPORATION                                                        | EXPAND ENERGY CORP SR UNSECURED 01/35 5.7                    | CUSIP: 165167DH7<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |    15095000 | PA      | $15323372.26  | 0.26%             | 2035-01-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST 2024-RPL4                                    | GS MORTGAGE BACKED SECURITIES GSMBS 2024 RPL4 A1 144A        | CUSIP: 362948AA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     5597278 | PA      | $5445954.59   | 0.09%             | 2061-09-25      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| HANNON ARMSTRONG (HAT HOLDINGS I LLC / HAT HOLDINGS II LLC)                      | HAT HOLDINGS I LLC/HAT COMPANY GUAR 144A 06/26 3.375         | CUSIP: 418751AE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |       60000 | PA      | $58765.92     | 0.00%             | 2026-06-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC                                                         | BUILDERS FIRSTSOURCE INC COMPANY GUAR 144A 02/32 4.25        | CUSIP: 12008RAP2<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |     4516000 | PA      | $4187076.24   | 0.07%             | 2032-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT TRY SOLD USD 20250701                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TR        |           1 | NC      | $2083.81      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                             | FNMA TBA 30 YR 4.5 SINGLE FAMILY MORTGAGE                    | CUSIP: 01F042681<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   404725000 | PA      | $386992824.05 | 6.61%             | 2054-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NOVOLEX (CLYDESDALE ACQUISITION HOLDINGS INC)                                    | CLYDESDALE ACQUISTN HLDGS INC 2025 TERM LOAN B               | CUSIP: 18972FAE2<br>LEI: 254900QKSDYFR3K5YD98 | Long             | LON              | CORP              | US        |     1965636 | PA      | $1960181.10   | 0.03%             | 2032-04-01      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| ELECTRICITE DE FRANCE SA (EDF)                                                   | ELECTRICITE DE FRANCE SA JR SUBORDINA 144A 12/99 VAR         | CUSIP: 28504KAA5<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |      120000 | PA      | $135651.00    | 0.00%             | 2033-03-15      | Floating      | 9.12%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | WELLS FARGO + COMPANY SR UNSECURED 04/34 VAR                 | CUSIP: 95000U3D3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     1480000 | PA      | $1514953.15   | 0.03%             | 2034-04-24      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLDINGS INTERMEDIATE LLC / ALLIANT HOLDINGS CO-ISSUER                   | ALLIANT HOLD / CO ISSUER ALLIANT HOLD / CO ISSUER            | CUSIP: 01883LAG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2800000 | PA      | $2855577.20   | 0.05%             | 2031-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| US RENAL CARE INC                                                                | U S RENAL CARE INC 2023 SUPERPRIORITY TERM LOAN              | CUSIP: 90290PAS3<br>LEI: 54930058SS5MF69JGN89 | Long             | LON              | CORP              | US        |     2977215 | PA      | $2825868.47   | 0.05%             | 2028-06-20      | Floating      | 9.44%                 | No            |                  2 | On Loan: No      |
| CACI INTERNATIONAL INC                                                           | CACI INTERNATIONAL INC COMPANY GUAR 144A 06/33 6.375         | CUSIP: 127190AE6<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | DBT              | CORP              | US        |     8000000 | PA      | $8265584.08   | 0.14%             | 2033-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CROWDSTRIKE HOLDINGS INC                                                         | CROWDSTRIKE HOLDINGS INC COMPANY GUAR 02/29 3                | CUSIP: 22788CAA3<br>LEI: 549300YBY08K9KM4HX32 | Long             | DBT              | CORP              | US        |     1110000 | PA      | $1050882.95   | 0.02%             | 2029-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AFFIRM MASTER TRUST 2025-1A                                                      | AFFIRM MASTER TRUST AFRMT 2025 1A A 144A                     | CUSIP: 00833BAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    30000000 | PA      | $30246591.00  | 0.52%             | 2033-02-15      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| TK ELEVATOR US NEWCO INC                                                         | TK ELEVATOR MIDCO GMBH 2025 USD TERM LOAN B                  | CUSIP: D9000BAJ1<br>LEI: 549300C2AFWPAYWS5574 | Long             | LON              | CORP              | DE        |     5000000 | PA      | $5018750.00   | 0.09%             | 2030-04-30      | Floating      | 7.24%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                                                | POST HOLDINGS INC COMPANY GUAR 144A 04/30 4.625              | CUSIP: 737446AQ7<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |     8011000 | PA      | $7708698.51   | 0.13%             | 2030-04-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| EPR PROPERTIES                                                                   | EPR PROPERTIES SR UNSECURED 08/29 3.75                       | CUSIP: 26884UAF6<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              | CORP              | US        |     6334000 | PA      | $6033715.07   | 0.10%             | 2029-08-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| AES CORPORATION                                                                  | AES CORP/THE SR UNSECURED 03/32 5.8                          | CUSIP: 00130HCM5<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |    12273000 | PA      | $12467258.27  | 0.21%             | 2032-03-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT JPY SOLD USD 20250804                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |           1 | NC      | $74.34        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD TWD BOUGHT USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $-51299.97    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| VIKING CRUISES LTD                                                               | VIKING CRUISES LTD COMPANY GUAR 144A 07/31 9.125             | CUSIP: 92676XAG2<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |     3675000 | PA      | $3960275.55   | 0.07%             | 2031-07-15      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| CALPINE CORPORATION                                                              | CALPINE CORP SR SECURED 144A 02/28 4.5                       | CUSIP: 131347CM6<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |     1785000 | PA      | $1771645.79   | 0.03%             | 2028-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| RAVEN ACQUISITION HOLDINGS LLC                                                   | RAVEN ACQUISITION HOLDINGS LLC TERM LOAN B                   | CUSIP: 75419XAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     1862000 | PA      | $1862698.24   | 0.03%             | 2031-11-19      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM CORPORATION                                                 | OCCIDENTAL PETROLEUM COR SR UNSECURED 07/30 8.875            | CUSIP: 674599EA9<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |      625000 | PA      | $714653.13    | 0.01%             | 2030-07-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD ZAR BOUGHT USD 20250723                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |           1 | NC      | $-164556.38   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT SELECTION TRUST 2024-PT2                                          | PAGAYA AI DEBT SELECTION TRUST PAID 2024 PT2 B 144A          | CUSIP: 69544PAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1369086 | PA      | $1369735.58   | 0.02%             | 2032-04-15      | Fixed         | 5.62%                 | No            |                  3 | On Loan: No      |
| N/A                                                                              | BOUGHT INR SOLD USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |           1 | NC      | $9857.47      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BANKERS HEALTHCARE GROUP SECURITIZATION TRUST 2023-B                             | BANKERS HEALTHCARE GROUP SECUR BHG 2023 B A 144A             | CUSIP: 08862GAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      130520 | PA      | $135475.60    | 0.00%             | 2036-12-17      | Fixed         | 6.92%                 | No            |                  2 | On Loan: No      |
| PRPM 2025-NQM1 TRUST                                                             | PRP ADVISORS, LLC PRPM 2025 NQM1 A1 144A                     | CUSIP: 74391EAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    16550200 | PA      | $16697715.73  | 0.29%             | 2069-11-25      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| SPIRIT AIRLINES PASS THROUGH TRUST 2015-1A                                       | SPIRIT AIR 2015 1 PTT A PASS THRU CE 10/29 4.1               | CUSIP: 84858DAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3744353 | PA      | $3440752.01   | 0.06%             | 2029-10-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| HSI ASSET SECURI CORP TRUS 2007-NC1                                              | HSI ASSET SECURITIZATION CORPO HASC 2007 NC1 A2              | CUSIP: 40430TAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    17979498 | PA      | $11711805.39  | 0.20%             | 2037-04-25      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.24800 09/18/24-10Y LCH                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |           1 | NC      | $29105.50     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT IDR SOLD USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ID        |           1 | NC      | $27466.76     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | US 2YR NOTE (CBT) SEP25 XCBT 20250930                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |        2145 | NC      | $1659691.71   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| ISRAEL GOVT                                                                      | STATE OF ISRAEL SR UNSECURED 02/30 5.375                     | CUSIP: 46514Y8A8<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |     5000000 | PA      | $5101642.45   | 0.09%             | 2030-02-19      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| GOEASY LTD                                                                       | GOEASY LTD GOEASY LTD                                        | CUSIP: 380355AH0<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |     3463000 | PA      | $3666215.77   | 0.06%             | 2028-12-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| NOVASTAR MORTGAGE FUNDING TRUST SERIES 2006-2                                    | NOVASTAR HOME EQUITY LOAN NHEL 2006 2 A1A                    | CUSIP: 66988VAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      213294 | PA      | $192508.89    | 0.00%             | 2036-06-25      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT TRY SOLD USD 20250728                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TR        |           1 | NC      | $19119.54     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2024-4                                                 | TOWD POINT MORTGAGE TRUST TPMT 2024 4 A1A 144A               | CUSIP: 89183GAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    20500012 | PA      | $20609562.20  | 0.35%             | 2064-10-27      | Variable      | 4.43%                 | No            |                  2 | On Loan: No      |
| CANYON CLO 2020-1 LTD                                                            | CANYON CAPITAL CLO LTD CANYC 2020 1A AR2 144A                | CUSIP: 13876LAW7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     5200000 | PA      | $5206000.85   | 0.09%             | 2034-07-15      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                             | PROJECT FLASH DELAYED DRAW TERM LOAN 2                       | CUSIP: BA000KJT9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | LON              | CORP              | US        |     3000000 | PA      | $3000000.00   | 0.05%             | 2030-04-30      | Floating      | 0.00%                 | No            |                  3 | On Loan: No      |
| UNIVISION COMMUNICATIONS INC                                                     | UNIVISION COMMUNICATIONS SR SECURED 144A 07/31 8.5           | CUSIP: 914906AZ5<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |     2000000 | PA      | $2004025.34   | 0.03%             | 2031-07-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT CNH SOLD USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |           1 | NC      | $69463.05     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE CORPORATION                                                     | FREEDOM MORTGAGE CORP SR UNSECURED 144A 10/28 12             | CUSIP: 35640YAK3<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |      250000 | PA      | $269014.56    | 0.00%             | 2028-10-01      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| LOANCORE ISSUER LTD 2021-CRE5                                                    | LOANCORE 2021 CRE5 ISSUER, LTD LNCR 2021 CRE5 A 144A         | CUSIP: 53947XAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      755826 | PA      | $756052.05    | 0.01%             | 2036-07-15      | Floating      | 5.73%                 | No            |                  2 | On Loan: No      |
| CSMC TRUST 2019-RPL1                                                             | CREDIT SUISSE MORTGAGE TRUST CSMC 2019 RPL1 A1A 144A         | CUSIP: 12596MAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      556196 | PA      | $546023.15    | 0.01%             | 2058-07-25      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| CITIGROUP MTGE LOAN TR INC 2006-FX1                                              | CITIGROUP MORTGAGE LOAN TRUST CMLTI 2006 FX1 A4              | CUSIP: 17309YAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1680345 | PA      | $977099.35    | 0.02%             | 2036-10-25      | Variable      | 7.58%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT TRUST 2025-4                                                      | PAGAYA AI DEBT SELECTION TRUST PAID 2025 4 A1 144A           | CUSIP: 69547DAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     2800000 | PA      | $2800882.00   | 0.05%             | 2026-06-15      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT NZD SOLD USD 20250804                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NZ        |           1 | NC      | $1674.17      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MILL CITY MORTGAGE LOAN TRUST 2019-1                                             | MILL CITY MORTGAGE TRUST MCMLT 2019 1 A1 144A                | CUSIP: 59981AAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     3972824 | PA      | $3869875.50   | 0.07%             | 2069-10-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| ROCKPOINT GAS STORAGE PARTNERS LP                                                | ROCKPOINT GAS STRG PRTNRS LP 2025 TERM LOAN B                | CUSIP: BA000GQC7<br>LEI: 549300ZXM0KTRM0NMI59 | Long             | LON              | CORP              | US        |     4873006 | PA      | $4897078.92   | 0.08%             | 2031-09-18      | Floating      | 7.30%                 | No            |                  2 | On Loan: No      |
| PARALLEL 2021-1 LTD                                                              | PARALLEL LTD PARL 2021 1A AR 144A                            | CUSIP: 69916HAL4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    20000000 | PA      | $19967855.80  | 0.34%             | 2034-07-15      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | IRS EUR 2.25000 09/17/25-30Y LCH                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | N/A       |           1 | NC      | $2289772.63   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD NZD BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NZ        |           1 | NC      | $-20559.76    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFICATES Q034                | FHLMC MULTIFAMILY STRUCTURED P FHMS Q034 APT2                | CUSIP: 3137HLY30<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    30000000 | PA      | $28148619.00  | 0.48%             | 2054-07-25      | Floating      | 2.86%                 | No            |                  2 | On Loan: No      |
| WABTEC CORP (AKA: WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP)                      | WESTINGHOUSE AIR BRAKE COMPANY GUAR 11/26 3.45               | CUSIP: 960386AL4<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | DBT              | CORP              | US        |       60000 | PA      | $59236.83     | 0.00%             | 2026-11-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT INR SOLD USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |           1 | NC      | $-2201.79     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD TWD BOUGHT USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $-166237.46   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD CAD BOUGHT USD 20250805                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CA        |           1 | NC      | $-41629.34    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT TRY SOLD USD 20250807                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TR        |           1 | NC      | $667.68       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                                    | BOEING CO/THE SR UNSECURED 05/54 6.858                       | CUSIP: 097023DT9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     2420000 | PA      | $2651569.61   | 0.05%             | 2054-05-01      | Fixed         | 6.86%                 | No            |                  2 | On Loan: No      |
| EVERGLADES RE II LTD                                                             | EVERGLADES RE II LTD SR UNSECURED 144A 05/31 VAR             | CUSIP: 30014LAN4<br>LEI: 5493000EE11S6ONK0372 | Long             | DBT              | CORP              | BM        |      400000 | PA      | $415500.00    | 0.01%             | 2031-05-13      | Floating      | 15.81%                | No            |                  2 | On Loan: No      |
| EFMT 2025-CES1                                                                   | ELLINGTON FINANCIAL MORTGAGE T EFMT 2025 CES1 A1A 144A       | CUSIP: 26846VAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     6601724 | PA      | $6663455.46   | 0.11%             | 2060-01-25      | Fixed         | 5.73%                 | No            |                  2 | On Loan: No      |
| RESEARCH-DRIVEN PAGAYA MOTOR ASSET TRUST 2024-1A                                 | RESEARCH DRIVEN PAGAYA MOTOR A RPM 2024 1A A 144A            | CUSIP: 76088YAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1458475 | PA      | $1471324.75   | 0.03%             | 2032-06-25      | Fixed         | 7.09%                 | No            |                  2 | On Loan: No      |
| GLS AUTO SELECT RECEIVABLES TRUST 2024-3                                         | GLS AUTO SELECT RECEIVABLES TR GSAR 2024 3A B 144A           | CUSIP: 37989EAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      800000 | PA      | $823412.40    | 0.01%             | 2030-08-15      | Fixed         | 5.64%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ASSET BACKED SECURITIES TRUST 2005-HE3                              | BEAR STEARNS ASSET BACKED SECU BSABS 2005 HE3 M4             | CUSIP: 073879RZ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1008257 | PA      | $1010221.51   | 0.02%             | 2035-03-25      | Floating      | 6.31%                 | No            |                  2 | On Loan: No      |
| WYNN LAS VEGAS LLC / WYNN LAS VEGAS CAPITAL CORP                                 | WYNN LAS VEGAS LLC/CORP COMPANY GUAR 144A 05/27 5.25         | CUSIP: 983130AX3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      345000 | PA      | $345492.81    | 0.01%             | 2027-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ELEVATION CLO 2022-16A LTD                                                       | ELEVATION CLO LTD AWPT 2022 16A A1AR 144A                    | CUSIP: 28623YAU7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    24200000 | PA      | $24226668.40  | 0.41%             | 2034-07-25      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT SGD SOLD USD 20250805                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |           1 | NC      | $138.51       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST 2025-2A                                      | EXETER AUTOMOBILE RECEIVABLES EART 2025 2A C                 | CUSIP: 30168JAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    20000000 | PA      | $20240796.00  | 0.35%             | 2031-07-15      | Fixed         | 5.16%                 | No            |                  2 | On Loan: No      |
| ROMARK CREDIT FUNDING III LTD 2024-3A                                            | ROMARK CREDIT FUNDING LTD RCF 2024 3A A 144A                 | CUSIP: 77587BAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     3400000 | PA      | $3406762.60   | 0.06%             | 2042-09-15      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                                                | NEWELL BRANDS INC SR UNSECURED 144A 06/28 8.5                | CUSIP: 651229BG0<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     5000000 | PA      | $5263555.00   | 0.09%             | 2028-06-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| BMO 2024-5C8 MORTGAGE TRUST                                                      | BMO MORTGAGE TRUST BMO 2024 5C8 A3                           | CUSIP: 09661XAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     5700000 | PA      | $5920173.90   | 0.10%             | 2057-12-15      | Variable      | 5.63%                 | No            |                  2 | On Loan: No      |
| GSR MORTGAGE LOAN TRUST 2006-OA1                                                 | GSR MORTGAGE LOAN TRUST GSR 2006 OA1 2A3                     | CUSIP: 362631AD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    21271060 | PA      | $4610253.43   | 0.08%             | 2046-08-25      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT JPY SOLD USD 20250804                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |           1 | NC      | $132176.41    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BAMLL COMMERCIAL MORTGAGE SECURITIES TRUST 2024-AWH                              | BAMLL COML MTG SECS TR 2024 04/42 1                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     2030000 | PA      | $1652375.85   | 0.03%             | 2042-04-20      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT TRY SOLD USD 20250813                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TR        |           1 | NC      | $1381.47      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CITADEL SECURITIES GLOBAL HOLDINGS LLC                                           | CITADEL SECURITIES GLOBA SR SECURED 144A 06/30 5.5           | CUSIP: 17289RAA4<br>LEI: 549300NV5RXBUS3X7L47 | Long             | DBT              | CORP              | US        |     1690000 | PA      | $1710626.25   | 0.03%             | 2030-06-18      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD PLN BOUGHT USD 20250718                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PL        |           1 | NC      | $-348.75      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ONSLOW BAY FINANCIAL LLC 2022-NQM7                                               | ONSLOW BAY FINANCIAL LLC OBX 2022 NQM7 A1 144A               | CUSIP: 67117DAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     7975340 | PA      | $7939904.21   | 0.14%             | 2062-08-25      | Variable      | 5.11%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT TWD SOLD USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $38614.11     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT CNH SOLD USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |           1 | NC      | $8655.23      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                                     | ENBRIDGE INC COMPANY GUAR 03/33 5.7                          | CUSIP: 29250NBR5<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |     3970000 | PA      | $4117919.46   | 0.07%             | 2033-03-08      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC CO                                                      | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 07/30 4.55               | CUSIP: 694308JM0<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |      365000 | PA      | $356432.96    | 0.01%             | 2030-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| ACRA TRUST 2024-NQM1                                                             | ACRA TRUST 2024 NQM1 ACRA 2024 NQM1 A1 144A                  | CUSIP: 00112EAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     5308682 | PA      | $5315855.47   | 0.09%             | 2064-10-25      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| NOMURA ASSET ACCEPTANCE CORP 2006-WF1                                            | NOMURA ASSET ACCEPTANCE CORPOR NAA 2006 WF1 A5               | CUSIP: 65537BAE0<br>LEI: N0RUIPD25XQCBR0TK507 | Long             | ABS-MBS          | CORP              | US        |    10413483 | PA      | $2745048.15   | 0.05%             | 2036-06-25      | Variable      | 6.76%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | 317U9EIA2 PIMCO SWAPTION 4.127 PUT USD 2025063               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |    -7400000 | NC      | $-0.74        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BURFORD CAPITAL GLOBAL FINANCE LLC                                               | BURFORD CAPITAL GLBL FIN COMPANY GUAR 144A 07/31 9.25        | CUSIP: 12116LAE9<br>LEI: 549300JVAOO67CSCH406 | Long             | DBT              | CORP              | US        |     1856000 | PA      | $1955683.90   | 0.03%             | 2031-07-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 08/25 0.00000                                  | CUSIP: 912797MG9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     1238000 | PA      | $1232597.92   | 0.02%             | 2025-08-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MAUSER PACKAGING SOLUTIONS HOLDING COMPANY                                       | MAUSER PACKAGING SOLUT MAUSER PACKAGING SOLUT                | CUSIP: 57763RAD9<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |      425000 | PA      | $432497.85    | 0.01%             | 2027-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR TRUST 2022-DNA1                                                | FREDDIE MAC   STACR STACR 2022 DNA1 B2 144A                  | CUSIP: 35564KQZ5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     6000000 | PA      | $6403773.60   | 0.11%             | 2042-01-25      | Floating      | 11.41%                | No            |                  2 | On Loan: No      |
| BMO 2024-5C5 MORTGAGE TRUST                                                      | BMO MORTGAGE TRUST BMO 2024 5C5 A3                           | CUSIP: 05593RAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     9600000 | PA      | $10018890.24  | 0.17%             | 2057-02-15      | Fixed         | 5.86%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2023-8                                                | VERUS SECURITIZATION TRUST VERUS 2023 8 A1 144A              | CUSIP: 92540DAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     6046915 | PA      | $6104766.77   | 0.10%             | 2068-12-25      | Fixed         | 6.26%                 | No            |                  2 | On Loan: No      |
| EFMT 2024-CES1                                                                   | ELLINGTON FINANCIAL MORTGAGE T EFMT 2024 CES1 A1 144A        | CUSIP: 281907AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     5146479 | PA      | $5180347.49   | 0.09%             | 2060-01-26      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| MERCURY GENERAL CORPORATION                                                      | MERCURY GENERAL CORP SR UNSECURED 03/27 4.4                  | CUSIP: 589400AB6<br>LEI: 5493001Q9EXPCEL4W527 | Long             | DBT              | CORP              | US        |     5750000 | PA      | $5706174.36   | 0.10%             | 2027-03-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC CO                                                      | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 03/34 6.95               | CUSIP: 694308KP1<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |      750000 | PA      | $807802.55    | 0.01%             | 2034-03-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| BBCMS MORTGAGE TRUST 2024-5C31                                                   | BARCLAYS COMMERCIAL MORTGAGE S BBCMS 2024 5C31 A3            | CUSIP: 07336YAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     5000000 | PA      | $5187419.00   | 0.09%             | 2057-12-15      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| REACH ABS TRUST 2024-2A                                                          | REACH FINANCIAL LLC REACH 2024 2A A 144A                     | CUSIP: 75525HAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1202581 | PA      | $1205733.82   | 0.02%             | 2031-07-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                                                         | WARNERMEDIA HOLDINGS INC COMPANY GUAR 03/42 5.05             | CUSIP: 55903VBW2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |     1800000 | PA      | $1221750.00   | 0.02%             | 2042-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                               | SOUTHERN CAL EDISON 1ST MORTGAGE 12/53 5.875                 | CUSIP: 842400HX4<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |      834000 | PA      | $762320.24    | 0.01%             | 2053-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD TWD BOUGHT USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $-8161.22     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT SGD SOLD USD 20250805                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |           1 | NC      | $131.71       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 10/25 0.00000                                  | CUSIP: 912797RB5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      537000 | PA      | $530863.04    | 0.01%             | 2025-10-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                                    | FORD MOTOR CREDIT CO LLC FORD MOTOR CREDIT CO LLC            | CUSIP: 345397D83<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     1125000 | PA      | $1134292.57   | 0.02%             | 2027-03-05      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| DATABRICKS INC                                                                   | DATABRICKS INC LAST OUT TERM LOAN                            | CUSIP: BA000D206<br>LEI: 984500FEDAC7FBD96273 | Long             | LON              | CORP              | US        |     4912664 | PA      | $4961790.39   | 0.08%             | 2031-01-03      | Floating      | 8.82%                 | No            |                  3 | On Loan: No      |
| DIAMOND FOREIGN ASSET CO / DIAMOND FINANCE LLC                                   | DIAMOND FRGN/DIAMOND FIN SECURED 144A 10/30 8.5              | CUSIP: 25260WAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     8112000 | PA      | $8452923.02   | 0.14%             | 2030-10-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| BANK GOSPODARSTWA KRAJOWEGO                                                      | BANK GOSPODARSTWA KRAJOW BANK GOSPODARSTWA KRAJOW            | CUSIP: 06237MAC7<br>LEI: 259400BCOV9JJIGLYF05 | Long             | DBT              | MUN               | PL        |     1500000 | PA      | $1545664.53   | 0.03%             | 2034-07-09      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GLS AUTO RECEIVABLES ISSUER TRUST 2024-3A                                        | GLS AUTO RECEIVABLES TRUST GCAR 2024 3A C 144A               | CUSIP: 37989AAJ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     6000000 | PA      | $6067026.60   | 0.10%             | 2031-02-18      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD ZAR BOUGHT USD 20250723                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |           1 | NC      | $-172407.01   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2023-4                                                | VERUS SECURITIZATION TRUST VERUS 2023 4 A1 144A              | CUSIP: 92539TAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1247462 | PA      | $1249403.44   | 0.02%             | 2068-05-25      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| PALM RE LTD                                                                      | PALM RE LTD UNSECURED 144A 06/32 VAR                         | CUSIP: 69664FAB4<br>LEI: 984500D3C66DA10DAP11 | Long             | DBT              | CORP              | BM        |      900000 | PA      | $901890.00    | 0.02%             | 2032-06-07      | Floating      | 12.07%                | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT SELECTION TRUST 2024-PT2                                          | PAGAYA AI DEBT SELECTION TRUST PAID 2024 PT2 D 144A          | CUSIP: 69546YAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      829446 | PA      | $829218.73    | 0.01%             | 2032-04-15      | Fixed         | 6.26%                 | No            |                  3 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.23100 09/18/24-10Y LCH                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |           1 | NC      | $38745.41     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD PEN BOUGHT USD 20250917                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $-175521.16   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PRETIUM MORTGAGE CREDIT PARTNERS LLC 2025-RPL1                                   | PRETIUM MORTGAGE CREDIT PARTNE PRET 2025 RPL1 A1 144A        | CUSIP: 69392FAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1908502 | PA      | $1849322.33   | 0.03%             | 2069-07-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD KRW BOUGHT USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KR        |           1 | NC      | $-36064.65    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD                                                      | ROYAL CARIBBEAN CRUISES SR UNSECURED 144A 04/28 5.5          | CUSIP: 780153BG6<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     6838000 | PA      | $6927358.98   | 0.12%             | 2028-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SANTANDER DRIVE AUTO RECEIVABLES TRUST 2025-2                                    | SANTANDER DRIVE AUTO RECEIVABL SDART 2025 2 B                | CUSIP: 80287NAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    20000000 | PA      | $20230098.00  | 0.35%             | 2031-05-15      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FINANCIAL GROUP INC (MUFG)                                        | MITSUBISHI UFJ FIN GRP SR UNSECURED 09/33 VAR                | CUSIP: 606822CR3<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     2400000 | PA      | $2474997.55   | 0.04%             | 2033-09-13      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2024-CES6                                              | TOWD POINT MORTGAGE TRUST TPMT 2024 CES6 A1 144A             | CUSIP: 891947AA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     9499341 | PA      | $9552520.45   | 0.16%             | 2064-11-25      | Variable      | 5.72%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT JPY SOLD USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |           1 | NC      | $1279.03      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| TOPBUILD CORP                                                                    | TOPBUILD CORP COMPANY GUAR 144A 02/32 4.125                  | CUSIP: 89055FAC7<br>LEI: 5493007YSKHOL4RWII46 | Long             | DBT              | CORP              | US        |     4135000 | PA      | $3837249.40   | 0.07%             | 2032-02-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| MILL CITY MORTGAGE LOAN TRUST 2017-3                                             | MILL CITY MORTGAGE TRUST MCMLT 2017 3 B1 144A                | CUSIP: 59980CAH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     3006719 | PA      | $2640744.32   | 0.05%             | 2061-01-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| TIDEWATER INC                                                                    | TIDEWATER INC SR UNSECURED 144A 07/30 9.125                  | CUSIP: 88642RAE9<br>LEI: 2549000JA5GRUPLMUH98 | Long             | DBT              | CORP              | US        |     1783000 | PA      | $1835784.82   | 0.03%             | 2030-07-15      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| RESIDENTIAL ASSET SECURITIES 2005-EMX1                                           | RESIDENTIAL ASSET SECURITIES C RASC 2005 EMX1 M5             | CUSIP: 76110WQ90<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      669202 | PA      | $618162.18    | 0.01%             | 2035-03-25      | Floating      | 6.46%                 | No            |                  2 | On Loan: No      |
| BRITISH AIRWAYS 2020-1 CLASS A PASS THROUGH TRUST                                | BRITISH AIR 20 1 A PTT PASS THRU CE 144A 05/34 4.25          | CUSIP: 11044MAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1795839 | PA      | $1726134.69   | 0.03%             | 2034-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| WINSTON RE LTD                                                                   | WINSTON RE LTD UNSECURED 144A 02/28 VAR                      | CUSIP: 975660AC5<br>LEI: 2549001Q4VX5Y31QFJ88 | Long             | DBT              | CORP              | BM        |      300000 | PA      | $304905.00    | 0.01%             | 2028-02-21      | Floating      | 10.79%                | No            |                  2 | On Loan: No      |
| SPIRIT AEROSYSTEMS INC                                                           | SPIRIT AEROSYSTEMS INC SR SECURED 144A 11/29 9.375           | CUSIP: 85205TAN0<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |      250000 | PA      | $265565.25    | 0.00%             | 2029-11-30      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| PRETIUM MORTGAGE CREDIT PARTNERS LLC  2024-NPL8                                  | PRETIUM MORTGAGE CREDIT PARTNE PRET 2024 NPL8 A1 144A        | CUSIP: 69392DAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     8631495 | PA      | $8641743.77   | 0.15%             | 2054-11-25      | Fixed         | 5.96%                 | No            |                  2 | On Loan: No      |
| GREENSKY HOME IMPROVEMENT TRUST 2024-2                                           | GREENSKY HOME IMPROVEMENT ISSU GSKY 2024 2 C 144A            | CUSIP: 39571XAF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      400000 | PA      | $403882.00    | 0.01%             | 2059-10-27      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| OPORTUN ISSUANCE TRUST 2025-A                                                    | OPORTUN FUNDING LLC OPTN 2025 A C 144A                       | CUSIP: 68377TAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1000000 | PA      | $1000282.00   | 0.02%             | 2033-02-08      | Fixed         | 5.89%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2025-A                                          | SMB PRIVATE EDUCATION LOAN TRU SMB 2025 A A1A 144A           | CUSIP: 83207EAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    29617990 | PA      | $29992121.57  | 0.51%             | 2054-04-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD TWD BOUGHT USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $-334522.49   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| YINSON BORONIA PRODUCTION BV                                                     | YINSON BORONIA PRODUCTIO SR SECURED REGS 07/42 8.947         | CUSIP: N9733XAA5<br>LEI: 5493007X12FTT746N678 | Long             | DBT              | CORP              | NL        |     2477950 | PA      | $2640345.77   | 0.05%             | 2042-07-31      | Fixed         | 8.95%                 | No            |                  2 | On Loan: No      |
| FOURSIGHT CAPITAL AUTOMOBILE RECEIVABLES TRUST 2024-1                            | FOURSIGHT CAPITAL AUTOMOBILE R FCRT 2024 1 B 144A            | CUSIP: 35105AAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1000000 | PA      | $1011341.80   | 0.02%             | 2029-05-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.75000 09/17/25-5Y LCH                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |           1 | NC      | $-403122.42   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ASSET-BACKED CERT 2007-5                                             | COUNTRYWIDE ASSET BACKED CERTI CWL 2007 5 2A4                | CUSIP: 12668KAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    11084910 | PA      | $9246344.74   | 0.16%             | 2047-09-25      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| NEW YORK MORTGAGE TRUST 2024-CP1                                                 | NEW YORK MORTGAGE TRUST NYMT 2024 CP1 A1 144A                | CUSIP: 67118PAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      870514 | PA      | $806348.63    | 0.01%             | 2068-02-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| NLT 2023-1 TRUST                                                                 | NMLT TRUST NLT 2023 1 A1 144A                                | CUSIP: 62917MAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     3196022 | PA      | $2918653.31   | 0.05%             | 2062-10-25      | Variable      | 3.20%                 | No            |                  2 | On Loan: No      |
| PRETIUM MORTGAGE CREDIT PARTNERS LLC 2024-RPL2                                   | PRETIUM MORTGAGE CREDIT PARTNE PRET 2024 RPL2 A1 144A        | CUSIP: 69392CAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     3484547 | PA      | $3327508.46   | 0.06%             | 2064-06-25      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 08/25 0.00000                                  | CUSIP: 912797PP6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     2322000 | PA      | $2307827.74   | 0.04%             | 2025-08-21      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD SGD BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |           1 | NC      | $-776.23      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST 2024-4                                                  | ANGEL OAK MORTGAGE TRUST AOMT 2024 4 A1 144A                 | CUSIP: 034943AA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     3005386 | PA      | $3032008.02   | 0.05%             | 2069-01-25      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| CREDIT ACCEPTANCE CORPORATION                                                    | CREDIT ACCEPTANC COMPANY GUAR 144A 03/30 6.625               | CUSIP: 225310AS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3000000 | PA      | $3042630.00   | 0.05%             | 2030-03-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| TRICOLOR AUTO SECURITIZATION TRUST 2024-3                                        | TRICOLOR AUTO SECURITIZATION T TAST 2024 3A A 144A           | CUSIP: 89617AAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     5516919 | PA      | $5525554.52   | 0.09%             | 2028-06-15      | Fixed         | 5.22%                 | No            |                  2 | On Loan: No      |
| CARVANA AUTO RECEIVABLES TRUST 2024-N3                                           | CARVANA AUTO RECEIVABLES TRUST CRVNA 2024 N3 C 144A          | CUSIP: 14687WAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     6000000 | PA      | $6021681.60   | 0.10%             | 2030-12-10      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT SGD SOLD USD 20250805                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |           1 | NC      | $50564.90     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CHASE HOME LENDING MORTGAGE TRUST 2023-RPL2                                      | CHASE MORTGAGE FINANCE CORPORA CHASE 2023 RPL2 A1 144A       | CUSIP: 16159RAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      971875 | PA      | $875577.22    | 0.01%             | 2063-03-25      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| JETBLUE AIRWAYS CORP / JETBLUE LOYALTY LP                                        | JETBLUE AIRWAYS/LOYALTY JETBLUE AIRWAYS/LOYALTY              | CUSIP: 476920AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     7401000 | PA      | $7204919.90   | 0.12%             | 2031-09-20      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| SEAGATE HDD CAYMAN                                                               | SEAGATE HDD CAYMAN COMPANY GUAR 12/32 9.625                  | CUSIP: 81180WBM2<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |     3700000 | PA      | $4173873.80   | 0.07%             | 2032-12-01      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC CO                                                      | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 05/34 5.8                | CUSIP: 694308KR7<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     7512000 | PA      | $7515020.50   | 0.13%             | 2034-05-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| NXP BV / NXP FUNDING LLC / NXP USA INC                                           | NXP BV/NXP FDG/NXP USA COMPANY GUAR 06/26 3.875              | CUSIP: 62954HAZ1<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |      245000 | PA      | $243632.70    | 0.00%             | 2026-06-18      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BOSTON GAS COMPANY                                                               | BOSTON GAS COMPANY SR UNSECURED 144A 01/35 5.843             | CUSIP: 100743AP8<br>LEI: FN7P4E7K9JOBORDEUX61 | Long             | DBT              | CORP              | US        |    12154000 | PA      | $12641604.14  | 0.22%             | 2035-01-10      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| BNC MORTGAGE LOAN TRUST 2007-4                                                   | BNC MORTGAGE LOAN TRUST BNCMT 2007 4 A2                      | CUSIP: 05570GAB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    12672500 | PA      | $8873449.24   | 0.15%             | 2037-11-25      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FINANCIAL SERVICES INC                                                  | PENNYMAC FIN SVCS INC PENNYMAC FIN SVCS INC                  | CUSIP: 70932MAD9<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |      350000 | PA      | $371911.05    | 0.01%             | 2029-12-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| PERU GOVT                                                                        | REPUBLIC OF PERU SR UNSECURED REGS 08/32 6.15                | CUSIP: P78024AF6<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |     5300000 | PA      | $1547600.00   | 0.03%             | 2032-08-12      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD KRW BOUGHT USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KR        |           1 | NC      | $-500.44      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | 317U9EJA1 PIMCO SWAPTION 3.727 CALL USD 202506               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |    -7400000 | NC      | $-26045.78    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                                                            | QUIKRETE HOLDINGS INC SR SECURED 144A 03/32 6.375            | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |     5500000 | PA      | $5659197.06   | 0.10%             | 2032-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HOLDINGS PLC                                                  | SANTANDER UK GROUP HLDGS SR UNSECURED 04/31 VAR              | CUSIP: 80281LAV7<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |     4300000 | PA      | $4436901.59   | 0.08%             | 2031-04-15      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| COLOMBIAN GOVT                                                                   | TITULOS DE TESORERIA BONDS 07/46 11.5                        | CUSIP: ACI2Q1VT3<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        | 23907600000 | PA      | $5294346.14   | 0.09%             | 2046-07-25      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT TRUST 2023-3                                                      | PAGAYA AI DEBT SELECTION TRUST PAID 2023 3 AB 144A           | CUSIP: 69548BAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      205309 | PA      | $206762.44    | 0.00%             | 2030-12-16      | Variable      | 9.52%                 | No            |                  2 | On Loan: No      |
| OBX 2022-NQM6 TRUST 2022-NQM6                                                    | ONSLOW BAY FINANCIAL LLC OBX 2022 NQM6 A1 144A               | CUSIP: 67116VAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     4846947 | PA      | $4854987.34   | 0.08%             | 2062-07-25      | Variable      | 4.70%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT INR SOLD USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |           1 | NC      | $20835.84     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD ILS BOUGHT USD 20250718                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IL        |           1 | NC      | $-228.66      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| APOLLO AVIATION SECURITIZATION EQUITY TRUST 2021-2A                              | AASET 2021 2 TRUST AASET 2021 2A A 144A                      | CUSIP: 00258BAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     5748130 | PA      | $5358744.58   | 0.09%             | 2047-01-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD KWD BOUGHT USD 20300515                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |           1 | NC      | $22801.70     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                             | GNMA II POOL DJ9049 G2 06/55 FIXED 7                         | CUSIP: 3618KWBS1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     1000000 | PA      | $1015596.95   | 0.02%             | 2055-06-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CSMC 2021-RPL2 TRUST                                                             | CREDIT SUISSE MORTGAGE TRUST CSMC 2021 RPL2 A1A 144A         | CUSIP: 12656TAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     2702363 | PA      | $2285257.85   | 0.04%             | 2060-01-25      | Variable      | 1.11%                 | No            |                  2 | On Loan: No      |
| AREIT TRUST 2023-CRE8                                                            | AREIT CRE TRUST AREIT 2023 CRE8 A 144A                       | CUSIP: 04002BAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | BM        |      489713 | PA      | $491507.39    | 0.01%             | 2041-08-17      | Floating      | 6.43%                 | No            |                  2 | On Loan: No      |
| GOLUB CAPITAL PARTNERS STATIC 2024-1 LTD                                         | GOLUB CAPITAL PARTNERS STATIC GOST 2024 1A A1 144A           | CUSIP: 381929AA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     1266458 | PA      | $1266457.84   | 0.02%             | 2033-04-20      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| REACH ABS TRUST 2025-1A                                                          | REACH FINANCIAL LLC REACH 2025 1A C 144A                     | CUSIP: 75525PAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1200000 | PA      | $1212249.84   | 0.02%             | 2032-08-16      | Fixed         | 5.99%                 | No            |                  2 | On Loan: No      |
| PUGET ENERGY INC                                                                 | PUGET ENERGY INC SR SECURED 144A 03/35 5.725                 | CUSIP: 745310AP7<br>LEI: SYBSJ96YIDMIUY7WDR33 | Long             | DBT              | CORP              | US        |     6500000 | PA      | $6541902.64   | 0.11%             | 2035-03-15      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| LONG BEACH MTGE LOAN TRUST 2004-1                                                | LONG BEACH MORTGAGE LOAN TRUST LBMLT 2004 1 M1               | CUSIP: 542514EU4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1217852 | PA      | $1210682.10   | 0.02%             | 2034-02-25      | Floating      | 5.18%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT TRY SOLD USD 20250814                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TR        |           1 | NC      | $775.41       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| WESTERN DIGITAL CORPORATION                                                      | WESTERN DIGITAL CORP SR SECURED 02/29 2.85                   | CUSIP: 958102AQ8<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |     2372000 | PA      | $2201180.89   | 0.04%             | 2029-02-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2024-5C2                                   | WELLS FARGO COMMERCIAL MORTGAG WFCM 2024 5C2 A3              | CUSIP: 95003UAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    10000000 | PA      | $10482690.00  | 0.18%             | 2057-11-15      | Fixed         | 5.92%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT GRANTOR TRUST 2024-10                                             | PAGAYA AI DEBT SELECTION TRUST PAID 2024 10 A 144A           | CUSIP: 69544MAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     3671742 | PA      | $3686150.21   | 0.06%             | 2032-06-15      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE HOLDINGS LLC                                                    | FREEDOM MORTGAGE HOLD FREEDOM MORTGAGE HOLD                  | CUSIP: 35641AAA6<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |      300000 | PA      | $311827.50    | 0.01%             | 2029-02-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| PRPM 2023-NQM2 TRUST                                                             | PRP ADVISORS, LLC PRPM 2023 NQM2 A1 144A                     | CUSIP: 74390KAK4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      731672 | PA      | $735760.34    | 0.01%             | 2068-08-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD KRW BOUGHT USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KR        |           1 | NC      | $-1098.65     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MEXICO GOVT                                                                      | UNITED MEXICAN STATES SR UNSECURED 07/32 5.85                | CUSIP: 91087BBE9<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     1700000 | PA      | $1722525.00   | 0.03%             | 2032-07-02      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT TRUST 2025-2                                                      | PAGAYA AI DEBT SELECTION TRUST PAID 2025 2 C 144A            | CUSIP: 69545GAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    16100000 | PA      | $16144358.72  | 0.28%             | 2032-10-15      | Fixed         | 5.64%                 | No            |                  2 | On Loan: No      |
| SECURITIZED ASSET BACKED RECEIVABLES TRUST LLC 2006-NC2                          | SECURITIZED ASSET BACKED RECEI SABR 2006 NC2 M1              | CUSIP: 81376EAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     3617217 | PA      | $3400686.06   | 0.06%             | 2036-03-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT TWD SOLD USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $409013.69    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | BARCLAYS PLC BARCLAYS PLC                                    | CUSIP: 06738ECR4<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |      625000 | PA      | $646840.81    | 0.01%             | 2030-03-12      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| MERRILL LYNCH FIRST FRANKLIN MORTGAGE LOAN TRUST 2007-3                          | MERRILL LYNCH FIRST FRANKLIN M FFMER 2007 3 A2B              | CUSIP: 59024VAF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1427600 | PA      | $1423830.43   | 0.02%             | 2037-06-25      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| YINSON BORONIA PRODUCTION BV                                                     | YINSON BORONIA PRODUCTIO SR SECURED 144A 07/42 8.947         | CUSIP: 98584XAA3<br>LEI: 5493007X12FTT746N678 | Long             | DBT              | CORP              | NL        |     1288534 | PA      | $1372979.80   | 0.02%             | 2042-07-31      | Fixed         | 8.95%                 | No            |                  2 | On Loan: No      |
| APIDOS CLO XI 2012-11A                                                           | APIDOS CLO LTD APID 2012 11A AR4 144A                        | CUSIP: 03763YBY1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    22200000 | PA      | $22192259.53  | 0.38%             | 2034-04-17      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| NETAPP INC                                                                       | NETAPP INC SR UNSECURED 03/32 5.5                            | CUSIP: 64110DAM6<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | DBT              | CORP              | US        |     7191000 | PA      | $7409515.07   | 0.13%             | 2032-03-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FIELDSTONE MTGE INVESTMENT CORP 2005-3                                           | FIELDSTONE MORTGAGE INVESTMENT FMIC 2005 3 M1                | CUSIP: 31659TEJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     2201725 | PA      | $1927646.55   | 0.03%             | 2036-02-25      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2022-LP2                                            | BX TRUST BX 2022 LP2 A 144A                                  | CUSIP: 05610HAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      158917 | PA      | $158919.56    | 0.00%             | 2039-02-15      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| OCTAGON INVESTMENT PARTNERS 39 LTD 2018-3A                                       | OCTAGON INVESTMENT PARTNERS 39 OCT39 2018 3A AR 144A         | CUSIP: 67592CAL0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     1905580 | PA      | $1907335.46   | 0.03%             | 2030-10-20      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | MORGAN STANLEY SR UNSECURED 04/31 VAR                        | CUSIP: 6174468P7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     9000000 | PA      | $8632750.32   | 0.15%             | 2031-04-01      | Floating      | 3.62%                 | No            |                  2 | On Loan: No      |
| COTIVITI INC                                                                     | COTIVITI CORPORATION 2025 2ND AMENDMENT TERM LOAN            | CUSIP: 22164MAF4<br>LEI: 254900YAQHVRTG4IFI64 | Long             | LON              | CORP              | US        |     5000000 | PA      | $4982300.00   | 0.09%             | 2032-03-26      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD TWD BOUGHT USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $-120016.54   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT BRL SOLD USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |           1 | NC      | $286328.91    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JANE STREET GROUP LLC                                                            | JANE STREET GROUP LLC 2024 TERM LOAN B1                      | CUSIP: 47077DAM2<br>LEI: 5493002N1IVX6KHGYO08 | Long             | LON              | CORP              | US        |     5963677 | PA      | $5963050.54   | 0.10%             | 2031-12-15      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| CROSS 2023-H1 MORTGAGE TRUST                                                     | CROSS MORTGAGE TRUST CROSS 2023 H1 A1 144A                   | CUSIP: 22758CAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      301087 | PA      | $303337.20    | 0.01%             | 2068-03-25      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| TCW CLO AMR LTD 2019-1A                                                          | TCW CLO 2019 1 AMR, LTD. TCW 2019 1A ASNR 144A               | CUSIP: 87241EAQ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     7100000 | PA      | $7109906.13   | 0.12%             | 2034-08-16      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| PRPM 2024-RCF2 LLC                                                               | PRP ADVISORS, LLC PRPM 2024 RCF2 A1 144A                     | CUSIP: 693987AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      819397 | PA      | $797949.65    | 0.01%             | 2054-03-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | VERIZON COMMUNICATIONS INC SNR S* ICE                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $1789.31      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| DEUTSCHE ALT-A SECURITIES INC 2007-RMP1                                          | DEUTSCHE ALT A SECURITIES INC DBALT 2007 RMP1 A3             | CUSIP: 25150MAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    24563000 | PA      | $5058629.49   | 0.09%             | 2036-12-25      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| SNAM SPA                                                                         | SNAM SPA SR UNSECURED 144A 05/35 5.75                        | CUSIP: 83304JAB3<br>LEI: 8156002278562044AF79 | Long             | DBT              | CORP              | IT        |     8150000 | PA      | $8330430.89   | 0.14%             | 2035-05-28      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                             | JPMORGAN CHASE + CO SR UNSECURED 06/34 VAR                   | CUSIP: 46647PDR4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     2793000 | PA      | $2874421.65   | 0.05%             | 2034-06-01      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD TWD BOUGHT USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $-262251.23   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NYMT LOAN TRUST 2024-INV1                                                        | NEW YORK MORTGAGE TRUST NYMT 2024 INV1 A1 144A               | CUSIP: 62956XAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     6009782 | PA      | $6008479.42   | 0.10%             | 2069-06-25      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BANKERS HEALTHCARE GROUP SECURITIZATION TRUST 2023-A                             | BANKERS HEALTHCARE GROUP SECUR BHG 2023 A A 144A             | CUSIP: 08860FAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      169040 | PA      | $169342.31    | 0.00%             | 2036-04-17      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| FLUTTER TREASURY DESIGNATED ACTIVITY COMPANY                                     | FLUTTER TREASURY DAC SR SECURED 144A 06/31 5.875             | CUSIP: 344045AB5<br>LEI: 635400JE8VLL9UFVIC38 | Long             | DBT              | CORP              | IE        |     6777000 | PA      | $6832063.13   | 0.12%             | 2031-06-04      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BENEFIT STREET PARTNERS CLO IV LTD 2014-IVA                                      | BENEFIT STREET PARTNERS CLO LT BSP 2014 IVA AR4 144A         | CUSIP: 08180FBU4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      850000 | PA      | $851320.77    | 0.01%             | 2034-04-20      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| OPTEUM MORTGAGE ACCEPTANCE CORP 2005-4                                           | OPTEUM MORTGAGE ACCEPTANCE COR OPMAC 2005 4 M3               | CUSIP: 68383NCJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     3184289 | PA      | $3068450.64   | 0.05%             | 2035-11-25      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC CO                                                      | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 12/27 3.3                | CUSIP: 694308HW0<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     6400000 | PA      | $6194145.98   | 0.11%             | 2027-12-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| ACE SECURITIES CORP 2006-CW1                                                     | ACE SECURITIES CORP. ACE 2006 CW1 A2D                        | CUSIP: 00441QAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     8570920 | PA      | $6997166.45   | 0.12%             | 2036-07-25      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD TWD BOUGHT USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $-252967.25   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| WOODSIDE FINANCE LIMITED                                                         | WOODSIDE FINANCE LTD WOODSIDE FINANCE LTD                    | CUSIP: 980236AR4<br>LEI: 254900AIZKU6TGRRNZ98 | Long             | DBT              | CORP              | AU        |     4000000 | PA      | $3875390.28   | 0.07%             | 2034-09-12      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC                                                            | DIRECTV FINANCING LLC 2025 TERM LOAN B                       | CUSIP: 25460HAF9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     1880000 | PA      | $1799630.00   | 0.03%             | 2031-02-17      | Floating      | 9.83%                 | No            |                  2 | On Loan: No      |
| PRPM 2025-RCF3 LLC                                                               | PRP ADVISORS, LLC PRPM 2025 RCF3 A1 144A                     | CUSIP: 69392PAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1000000 | PA      | $999219.40    | 0.02%             | 2055-07-25      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                                                 | ALTICE FRANCE SA 2023 USD TERM LOAN B14                      | CUSIP: F6628DAN4<br>LEI: 5493001ZMCICV4N02J21 | Long             | LON              | CORP              | FR        |     1987354 | PA      | $1805730.14   | 0.03%             | 2028-08-15      | Floating      | 9.76%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT GRANTOR TRUST 2024-10                                             | PAGAYA AI DEBT SELECTION TRUST PAID 2024 10 B 144A           | CUSIP: 69544MAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     4270895 | PA      | $4292107.79   | 0.07%             | 2032-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T MOBILE USA INC COMPANY GUAR 04/30 3.875                    | CUSIP: 87264ABF1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     1425000 | PA      | $1384421.23   | 0.02%             | 2030-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| NEWMARK GROUP INC                                                                | NEWMARK GROUP INC SR UNSECURED 01/29 7.5                     | CUSIP: 65158NAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1634000 | PA      | $1729793.25   | 0.03%             | 2029-01-12      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| EFMT 2025-CES2                                                                   | ELLINGTON FINANCIAL MORTGAGE T EFMT 2025 CES2 A1A 144A       | CUSIP: 28225GAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    13453713 | PA      | $13566410.73  | 0.23%             | 2060-02-25      | Variable      | 5.66%                 | No            |                  2 | On Loan: No      |
| HARBORVIEW MORTGAGE LOAN TR 2005-9                                               | HARBORVIEW MORTGAGE LOAN TRUST HVMLT 2005 9 2A1A             | CUSIP: 41161PSK0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     4954677 | PA      | $4721755.84   | 0.08%             | 2035-06-20      | Floating      | 5.11%                 | No            |                  2 | On Loan: No      |
| REALPAGE INC                                                                     | REALPAGE INC 2024 INCREMENTAL TERM LOAN                      | CUSIP: 75605VAH5<br>LEI: 5493001RSFZX4122A604 | Long             | LON              | CORP              | US        |     2992500 | PA      | $3001013.66   | 0.05%             | 2028-04-24      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| COTIVITI INC                                                                     | COTIVITI CORPORATION 2024 TERM LOAN                          | CUSIP: 22164MAB3<br>LEI: 254900YAQHVRTG4IFI64 | Long             | LON              | CORP              | US        |      987538 | PA      | $984145.31    | 0.02%             | 2031-05-01      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| SYSTEM ENERGY RESOURCES INC                                                      | SYSTEM ENERGY RESOURCES 1ST REF MORT 12/34 5.3               | CUSIP: 871911AV5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    18732000 | PA      | $18522688.44  | 0.32%             | 2034-12-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                          | BPCE SA 144A 10/27 VAR                                       | CUSIP: 05571AAQ8<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |      250000 | PA      | $255990.27    | 0.00%             | 2027-10-19      | Floating      | 6.61%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT PLN SOLD USD 20250710                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PL        |           1 | NC      | $8453.93      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| COGENT COMMUNICATIONS GROUP LLC / COGENT FINANCE INC                             | COGENT COMMS GRP / FIN SR SECURED 144A 07/32 6.5             | CUSIP: 19240WAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1300000 | PA      | $1281747.22   | 0.02%             | 2032-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MARVELL TECHNOLOGY INC                                                           | MARVELL TECHNOLOGY INC COMPANY GUAR 07/30 4.75               | CUSIP: 573874AR5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      400000 | PA      | $401890.49    | 0.01%             | 2030-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2023-7                                                | VERUS SECURITIZATION TRUST VERUS 2023 7 A1 144A              | CUSIP: 92539YAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      656168 | PA      | $665959.50    | 0.01%             | 2068-10-25      | Fixed         | 7.07%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | 317U9EGA4 PIMCO SWAPTION 4.135 PUT USD 2025063               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |    -1600000 | NC      | $-0.16        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| COLT 2024-INV2 MORTGAGE LOAN TRUST                                               | COLT FUNDING LLC COLT 2024 INV2 A1 144A                      | CUSIP: 12622SAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1650673 | PA      | $1671958.56   | 0.03%             | 2069-05-25      | Fixed         | 6.42%                 | No            |                  2 | On Loan: No      |
| PRPM 2024-NQM1 TRUST                                                             | PRP ADVISORS, LLC PRPM 2024 NQM1 A1 144A                     | CUSIP: 693977AA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     3040125 | PA      | $3067315.66   | 0.05%             | 2068-12-25      | Fixed         | 6.26%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                                    | BOEING CO SR UNSECURED 05/30 5.15                            | CUSIP: 097023CY9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     1800000 | PA      | $1833410.74   | 0.03%             | 2030-05-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| PRET 2025-NPL5 LLC                                                               | PRETIUM MORTGAGE CREDIT PARTNE PRET 2025 NPL5 A1 144A        | CUSIP: 74143LAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    29763463 | PA      | $29900035.83  | 0.51%             | 2055-05-25      | Fixed         | 6.24%                 | No            |                  2 | On Loan: No      |
| CIM TRUST 2024-R1                                                                | CIM TRUST CIM 2024 R1 A1 144A                                | CUSIP: 17179VAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     4040133 | PA      | $4009851.94   | 0.07%             | 2064-06-25      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| CIFC FUNDING LTD 2017-4A                                                         | CIFC FUNDING LTD CIFC 2017 4A A1R 144A                       | CUSIP: 12551JAL0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      477427 | PA      | $477552.22    | 0.01%             | 2030-10-24      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TSY INFL IX N/B 04/29 2.125                                  | CUSIP: 91282CKL4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    96921861 | PA      | $99552558.56  | 1.70%             | 2029-04-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT TRUST 2023-8                                                      | PAGAYA AI DEBT SELECTION TRUST PAID 2023 8 A 144A            | CUSIP: 694960AA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      481999 | PA      | $488240.50    | 0.01%             | 2031-06-16      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| DK CROWN HOLDINGS INC                                                            | DK CROWN HOLDINGS INC 2025 TERM LOAN B                       | CUSIP: BA000GCV0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     3990000 | PA      | $3981680.85   | 0.07%             | 2032-03-04      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| CONSUMER PORTFOLIO SERVICES AUTO TRUST 2025-B                                    | CPS AUTO TRUST CPS 2025 B B 144A                             | CUSIP: 12630SAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     3500000 | PA      | $3508083.60   | 0.06%             | 2029-11-15      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY ABS CAPITAL I 2005-NC1                                            | MORGAN STANLEY CAPITAL INC MSAC 2005 NC1 M5                  | CUSIP: 61744CMP8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      463203 | PA      | $472359.38    | 0.01%             | 2035-01-25      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT SGD SOLD USD 20250805                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |           1 | NC      | $8550.94      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD CHF BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CH        |           1 | NC      | $-6416.02     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT SGD SOLD USD 20250805                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |           1 | NC      | $162.25       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PRPM 2024-RPL3 LLC                                                               | PRP ADVISORS, LLC PRPM 2024 RPL3 A1 144A                     | CUSIP: 69381LAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     7474364 | PA      | $7259955.85   | 0.12%             | 2054-11-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON MUTUAL 2005-AR18                                                      | WAMU MORTGAGE PASS THROUGH CER WAMU 2005 AR18 1A2            | CUSIP: 92922F8L5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     4725857 | PA      | $4559014.17   | 0.08%             | 2036-01-25      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD THB BOUGHT USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TH        |           1 | NC      | $-7255.11     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CHILE ELECTRICITY LUX MPC II SARL                                                | CHILE ELECTRICITY LUX GOVT GUARANT 144A 10/35 5.58           | CUSIP: 16882LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     4398772 | PA      | $4405731.80   | 0.08%             | 2035-10-20      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| GLOBAL MEDICAL RESPONSE INC                                                      | GLOBAL MEDICAL RESPONSE INC 2024 PIK TERM LOAN               | CUSIP: 00169QAG4<br>LEI: 549300ZFWD4ZFCEJCQ87 | Long             | LON              | CORP              | US        |      183543 | PA      | $184027.20    | 0.00%             | 2028-10-31      | Fixed         | 9.08%                 | No            |                  2 | On Loan: No      |
| SAXON ASSET SECURITIES TRUST 2007-1                                              | SAXON ASSET SECURITIES TRUST SAST 2007 1 A2D                 | CUSIP: 80556BAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     5924768 | PA      | $5647876.48   | 0.10%             | 2047-01-25      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES 2017-1 CLASS AA PASS THROUGH TRUST                             | AMER AIRLINE 17 1 AA PTT PASS THRU CE 02/29 3.65             | CUSIP: 023761AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      799500 | PA      | $774119.39    | 0.01%             | 2029-02-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| TIME WARNER CABLE LLC                                                            | TIME WARNER CABLE LLC SR SECURED 09/42 4.5                   | CUSIP: 88732JBD9<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |     4504000 | PA      | $3589906.71   | 0.06%             | 2042-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | ZCS BRL 13.32 05/08/25-01/02/29 CME                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | BR        |           1 | NC      | $23992.86     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CVS HEALTH CORPORATION                                                           | CVS HEALTH CORP SR UNSECURED 03/28 4.3                       | CUSIP: 126650CX6<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |      630000 | PA      | $627526.25    | 0.01%             | 2028-03-25      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| GLS AUTO RECEIVABLES ISSUER TRUST 2025-2A                                        | GLS AUTO RECEIVABLES TRUST GCAR 2025 2A B 144A               | CUSIP: 37989BAG7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    20000000 | PA      | $20188248.00  | 0.34%             | 2029-10-15      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| PRPM 2024-6 LLC                                                                  | PRP ADVISORS, LLC PRPM 2024 6 A1 144A                        | CUSIP: 74390PAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1762492 | PA      | $1767934.58   | 0.03%             | 2029-11-25      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD BRL BOUGHT USD 20251002                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |           1 | NC      | $-26702.73    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 08/25 0.00000                                  | CUSIP: 912797QK6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     1187000 | PA      | $1180040.63   | 0.02%             | 2025-08-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ALIGNED DATA CENTERS INTERNATIONAL LP                                            | ALIGNED DATA CENTERS INTER LP 2024 TERM LOAN                 | CUSIP: BA000JN59<br>LEI: 2549007PAQ06QVDCLR50 | Long             | LON              | CORP              | US        |    22500000 | PA      | $22560018.75  | 0.39%             | 2029-12-18      | Floating      | 7.80%                 | No            |                  3 | On Loan: No      |
| NATIONAL FUEL GAS COMPANY                                                        | NATIONAL FUEL GAS CO SR UNSECURED 03/30 5.5                  | CUSIP: 636180BT7<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | DBT              | CORP              | US        |     1000000 | PA      | $1028307.91   | 0.02%             | 2030-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TRINITAS CLO XIX LTD                                                             | TRINITAS CLO LTD TRNTS 2022 19A A1R 144A                     | CUSIP: 89642FAN3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | BM        |    23900000 | PA      | $23912793.67  | 0.41%             | 2033-10-20      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| NAVIENT PRIVATE EDUCATION REFI LOAN TRUST 2020-2A                                | NAVIENT STUDENT LOAN TRUST NAVSL 2020 2A A1B 144A            | CUSIP: 63942HAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      812094 | PA      | $810578.96    | 0.01%             | 2069-08-26      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT SELECTION TRUST 2024-PT2                                          | PAGAYA AI DEBT SELECTION TRUST PAID 2024 PT2 CERT 144A       | CUSIP: 69546YAF8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1230000 | PA      | $800306.44    | 0.01%             | 2032-04-15      | Variable      | 0.00%                 | No            |                  3 | On Loan: No      |
| N/A                                                                              | BOUGHT TWD SOLD USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $28125.82     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT TWD SOLD USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $53359.33     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GSAMP TRUST 2005-NC1                                                             | GSAMP TRUST GSAMP 2005 NC1 M2                                | CUSIP: 36242DUH4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     5821699 | PA      | $5503042.34   | 0.09%             | 2035-02-25      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT TRY SOLD USD 20250729                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TR        |           1 | NC      | $1635.76      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| TGS ASA                                                                          | TGS ASA SR SECURED 144A 01/30 8.5                            | CUSIP: 87243KAA7<br>LEI: 549300NUPLAXPB0WYH90 | Long             | DBT              | CORP              | NO        |     3944000 | PA      | $4086267.30   | 0.07%             | 2030-01-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT PEN SOLD USD 20250711                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $102123.37    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| NAVIENT EDUCATION LOAN TRUST 2025-A                                              | NAVIENT EDUCATION LOAN TRUST NAVEL 2025 A B 144A             | CUSIP: 63943EAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     4200000 | PA      | $4222713.18   | 0.07%             | 2033-10-17      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| NEUBERGER BERMAN LOAN ADVISERS CLO 43 LTD 2021-43A                               | NEUBERGER BERMAN CLO LTD NEUB 2021 43A AR 144A               | CUSIP: 64134AAJ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    21000000 | PA      | $20984443.62  | 0.36%             | 2036-07-17      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| AES CORPORATION                                                                  | AES CORP/THE SR UNSECURED 06/28 5.45                         | CUSIP: 00130HCH6<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |      310000 | PA      | $316866.87    | 0.01%             | 2028-06-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD GBP BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | GB        |           1 | NC      | $-196004.01   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ANCHORAGE CAPITAL CLO 21 LTD                                                     | ANCHORAGE CAPITAL CLO LTD ANCHC 2021 21A AR 144A             | CUSIP: 03331KAJ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    20000000 | PA      | $20005082.80  | 0.34%             | 2034-10-20      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE MORTGAGE CAPITAL CERTIFICATES 2020-RPL4                            | CREDIT SUISSE MORTGAGE TRUST CSMC 2020 RPL4 A1 144A          | CUSIP: 126405AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     9724473 | PA      | $8785393.28   | 0.15%             | 2060-01-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NOMURA ASSET ACCEPTANCE CORP 2006-AP1                                            | NOMURA ASSET ACCEPTANCE CORPOR NAA 2006 AP1 A3               | CUSIP: 65535VSK5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     4689306 | PA      | $1345359.92   | 0.02%             | 2036-01-25      | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| CLOVER HOLDINGS 2 LLC                                                            | CLOVER HOLDINGS 2 LLC TERM LOAN B                            | CUSIP: 18914DAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      900000 | PA      | $902529.00    | 0.02%             | 2031-12-09      | Floating      | 8.31%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT KRW SOLD USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KR        |           1 | NC      | $578.59       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BINOM SECURITIZATION TRUST 2022-INV1                                             | BINOM SECURITIZATION TRUST BINOM 2022 INV1 A1 144A           | CUSIP: 090975AA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     5345252 | PA      | $5184326.92   | 0.09%             | 2057-08-25      | Variable      | 4.44%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                                                              | NCL CORPORATION LTD SR SECURED 144A 01/29 8.125              | CUSIP: 62886HBN0<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |      200000 | PA      | $210961.20    | 0.00%             | 2029-01-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| HSI ASSET SEC CORP TRUST 2006-HE2                                                | HSI ASSET SECURITIZATION CORPO HASC 2006 HE2 1A              | CUSIP: 44328BAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     4994154 | PA      | $1872940.07   | 0.03%             | 2036-12-25      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT INR SOLD USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |           1 | NC      | $3482.48      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PRETIUM MORTGAGE CREDIT PARTNERS LLC 2025-RPL2                                   | PRETIUM MORTGAGE CREDIT PARTNE PRET 2025 RPL2 A1 144A        | CUSIP: 69392LAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     4674028 | PA      | $4525616.88   | 0.08%             | 2064-08-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FIEMEX ENERGIA - BANCO ACTINVER SA INSTITUCION DE BANCA MULTIPLE                 | FIEMEX ENERGIA   BANC AC SR SECURED 144A 01/41 7.25          | CUSIP: 05974EAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |     2286776 | PA      | $2323135.50   | 0.04%             | 2041-01-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| AMERIQUEST MTGE SECURITIES INC 2005-R5                                           | AMERIQUEST MORTGAGE SECURITIES AMSI 2005 R5 M4               | CUSIP: 03072SE50<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       86531 | PA      | $86253.81     | 0.00%             | 2035-07-25      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| FOOTBALL CLUB TERM NOTES 2024-XVII TRUST                                         | NATIONAL FOOTBAL LEAGUE 4.5YR                                | CUSIP: 902EZU906<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      800000 | PA      | $814106.51    | 0.01%             | 2028-10-05      | Fixed         | 5.48%                 | Yes           |                  3 | On Loan: No      |
| MEXICO GOVT                                                                      | UNITED MEXICAN STATES SR UNSECURED 01/38 6.625               | CUSIP: 91087BBF6<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     1600000 | PA      | $1626400.00   | 0.03%             | 2038-01-29      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| LINEAGE OP LP                                                                    | LINEAGE OP LP COMPANY GUAR 144A 07/30 5.25                   | CUSIP: 53567YAA7<br>LEI: 254900CSRDL1G4SRQE89 | Long             | DBT              | CORP              | US        |     3690000 | PA      | $3713816.92   | 0.06%             | 2030-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT JPY SOLD USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |           1 | NC      | $-31406.73    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD TWD BOUGHT USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $-605.61      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HOLDINGS PLC                                                  | SANTANDER UK GROUP HLDGS SR UNSECURED 01/29 VAR              | CUSIP: 80281LAT2<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |      700000 | PA      | $730824.75    | 0.01%             | 2029-01-10      | Floating      | 6.53%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT GRANTOR TRUST 2024-7                                              | PAGAYA AI DEBT SELECTION TRUST PAID 2024 7 A 144A            | CUSIP: 69545AAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1446075 | PA      | $1458280.22   | 0.02%             | 2031-12-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                                                               | FORD MOTOR COMPANY SR UNSECURED 02/32 3.25                   | CUSIP: 345370DA5<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |      185000 | PA      | $156042.04    | 0.00%             | 2032-02-12      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                    | TRANSDIGM INC SR SECURED 144A 12/31 7.125                    | CUSIP: 893647BT3<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |      325000 | PA      | $340914.60    | 0.01%             | 2031-12-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO HOME EQUITY TRUST 2005-1                                             | WELLS FARGO HOME EQUITY TRUST WFHET 2005 1 M6                | CUSIP: 9497ERAF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      261980 | PA      | $262261.99    | 0.00%             | 2035-04-25      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                                             | LAS VEGAS SANDS CORP SR UNSECURED 08/26 3.5                  | CUSIP: 517834AE7<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |     2800000 | PA      | $2763861.52   | 0.05%             | 2026-08-18      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ANCHORAGE CREDIT FUNDING 1 LTD 2015-1A                                           | ANCHORAGE CREDIT FUNDING LTD. ANCHF 2015 1A ARV 144A         | CUSIP: 033296AG9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     9830470 | PA      | $9650763.54   | 0.16%             | 2037-07-28      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD ZAR BOUGHT USD 20250723                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |           1 | NC      | $-2642.87     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT TRUST 2024-1                                                      | PAGAYA AI DEBT SELECTION TRUST PAID 2024 1 A 144A            | CUSIP: 69548AAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1075275 | PA      | $1082366.50   | 0.02%             | 2031-07-15      | Fixed         | 6.66%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT CNH SOLD USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |           1 | NC      | $1848.50      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT INR SOLD USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |           1 | NC      | $45.09        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| KODIAK GAS SERVICES LLC                                                          | KODIAK GAS SERVICES LLC COMPANY GUAR 144A 02/29 7.25         | CUSIP: 50012LAC8<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |     1500000 | PA      | $1552576.50   | 0.03%             | 2029-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT JPY SOLD USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |           1 | NC      | $-39.36       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | CDX EM42 ICE                                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-1484.74     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GREENSKY HOME IMPROVEMENT ISSUER TRUST 2025-1A                                   | GREENSKY HOME IMPROVEMENT ISSU GSKY 2025 1A A4 144A          | CUSIP: 39571NAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     9488318 | PA      | $9583514.33   | 0.16%             | 2060-03-25      | Fixed         | 5.22%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD BRL BOUGHT USD 20251002                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |           1 | NC      | $-68895.74    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2019-4                                                 | TOWD POINT MORTGAGE TRUST TPMT 2019 4 A1 144A                | CUSIP: 89178BAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      901816 | PA      | $866552.23    | 0.01%             | 2059-10-25      | Variable      | 2.90%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR GBP SONIO/3.50000 03/19/25-5Y LCH                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | GB        |           1 | NC      | $-1259594.85  | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT THB SOLD USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TH        |           1 | NC      | $17386.89     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM CORPORATION                                                 | OCCIDENTAL PETROLEUM COR OCCIDENTAL PETROLEUM COR            | CUSIP: 674599EK7<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     3000000 | PA      | $2977518.30   | 0.05%             | 2032-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SAXON ASSET SECURITIES TRUST 2007-2                                              | SAXON ASSET SECURITIES TRUST SAST 2007 2 A2A                 | CUSIP: 80556YAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      292003 | PA      | $213084.20    | 0.00%             | 2047-05-25      | Floating      | 4.53%                 | No            |                  2 | On Loan: No      |
| BMO 2024-5C7 MORTGAGE TRUST                                                      | BMO MORTGAGE TRUST BMO 2024 5C7 A2                           | CUSIP: 09660WAT8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    10000000 | PA      | $10182540.00  | 0.17%             | 2057-11-15      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST 2025-2A                                      | EXETER AUTOMOBILE RECEIVABLES EART 2025 2A B                 | CUSIP: 30168JAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    20000000 | PA      | $20146976.00  | 0.34%             | 2029-09-17      | Fixed         | 4.92%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYSTEMS INC                                                 | CHS/COMMUNITY HEALTH SYS SR SECURED 144A 05/30 5.25          | CUSIP: 12543DBM1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     8042000 | PA      | $7138863.30   | 0.12%             | 2030-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AVON FINANCE 4A                                                                  | AVON FINANCE AVON 4A A 144A                                  | CUSIP: ACI2JTXR2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | GB        |      703575 | PA      | $967372.20    | 0.02%             | 2049-12-28      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT TWD SOLD USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $113295.06    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CALIFORNIA STATE                                                                 | CALIFORNIA ST CAS 03/38 FIXED OID 5.125                      | CUSIP: 13063D3S5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      155000 | PA      | $154109.46    | 0.00%             | 2038-03-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| LAZARD GROUP LLC                                                                 | LAZARD GROUP LLC 03/31 6                                     | CUSIP: 52107QAL9<br>LEI: FI94J2CJ1D7BIGVMS874 | Long             | DBT              | CORP              | US        |     3019000 | PA      | $3171699.42   | 0.05%             | 2031-03-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                                    | BOEING CO SR UNSECURED 02/28 3.25                            | CUSIP: 097023DB8<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     3000000 | PA      | $2910443.91   | 0.05%             | 2028-02-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| PRETIUM MORTGAGE CREDIT PARTNERS LLC 2024-NPL7                                   | PRETIUM MORTGAGE CREDIT PARTNE PRET 2024 NPL7 A1 144A        | CUSIP: 74136TAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    16368683 | PA      | $16338178.42  | 0.28%             | 2054-10-25      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| CSMC TRUST 2017-RPL3                                                             | CREDIT SUISSE MORTGAGE TRUST CSMC 2017 RPL3 B1 144A          | CUSIP: 12651YAN2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      929896 | PA      | $912950.11    | 0.02%             | 2057-08-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| AASET-2025-2A                                                                    | APOLLO AVIATION SECURITIZATION AASET 2025 2A A 144A          | CUSIP: 00039NAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    15000000 | PA      | $15127814.10  | 0.26%             | 2050-02-16      | Fixed         | 5.52%                 | No            |                  3 | On Loan: No      |
| UNITED AIRLINES 2019-2 CLASS AA PASS THROUGH TRUST                               | UNITED AIR 2019 2 AA PTT PASS THRU CE 11/33 2.7              | CUSIP: 90932JAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1905848 | PA      | $1707528.56   | 0.03%             | 2033-11-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | 317U9EHA3 PIMCO SWAPTION 3.735 CALL USD 202506               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |    -1600000 | NC      | $-6705.44     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | ZF EUROPE FINANCE BV SNR SE ICE                              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | NL        |           1 | NC      | $21086.71     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PRPM 2025-RCF1 LLC                                                               | PRP ADVISORS, LLC PRPM 2025 RCF1 A1 144A                     | CUSIP: 74390RAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1879624 | PA      | $1855178.72   | 0.03%             | 2055-02-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GSAMP TRUST 2006-HE2                                                             | GSAMP TRUST GSAMP 2006 HE2 M2                                | CUSIP: 362334LK8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     3000000 | PA      | $2753598.90   | 0.05%             | 2046-03-25      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 09/25 0.00000                                  | CUSIP: 912797PW1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      704000 | PA      | $698039.23    | 0.01%             | 2025-09-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WEIR GROUP INC                                                                   | WEIR GROUP INC COMPANY GUAR 144A 05/30 5.35                  | CUSIP: 94877DAA2<br>LEI: 2138009WEPEV2V98AV65 | Long             | DBT              | CORP              | US        |     8002000 | PA      | $8116734.44   | 0.14%             | 2030-05-06      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST 2021-DNA7                                          | FREDDIE MAC   STACR STACR 2021 DNA7 B2 144A                  | CUSIP: 35564KNE5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    12648031 | PA      | $13541609.33  | 0.23%             | 2041-11-25      | Floating      | 12.11%                | No            |                  2 | On Loan: No      |
| MFA 2024-RPL1 TRUST                                                              | MFRA TRUST MFRA 2024 RPL1 A1 144A                            | CUSIP: 55287AAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1806435 | PA      | $1732517.36   | 0.03%             | 2066-02-25      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT JPY SOLD USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |           1 | NC      | $-35192.98    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| COLT 2024-3 MORTGAGE LOAN TRUST                                                  | COLT FUNDING LLC COLT 2024 3 A1 144A                         | CUSIP: 19688VAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     3736510 | PA      | $3785742.43   | 0.06%             | 2069-06-25      | Fixed         | 6.39%                 | No            |                  2 | On Loan: No      |
| ATCLO-2021-17A                                                                   | ATLAS SENIOR LOAN FUND LTD ATCLO 2021 17A AR 144A            | CUSIP: 04942FAL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     2100000 | PA      | $2099860.56   | 0.04%             | 2034-10-20      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| TRINITAS CLO 2022 XXA LTD                                                        | TRINITAS CLO LTD TRNTS 2022 20A A1R 144A                     | CUSIP: 89640EAN8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | BM        |    21000000 | PA      | $20896595.58  | 0.36%             | 2035-07-20      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T MOBILE USA INC COMPANY GUAR 04/27 3.75                     | CUSIP: 87264ABD6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |      555000 | PA      | $549458.28    | 0.01%             | 2027-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| GREENSKY HOME IMPROVEMENT TRUST 2024-2                                           | GREENSKY HOME IMPROVEMENT ISSU GSKY 2024 2 A4 144A           | CUSIP: 39571XAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1693512 | PA      | $1708852.22   | 0.03%             | 2059-10-27      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT CHF SOLD USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CH        |           1 | NC      | $232885.96    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| VCAT LLC 2025-NPL2                                                               | VCAT ASSET SECURITIZATION, LLC VCAT 2025 NPL2 A1 144A        | CUSIP: 92243PAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    17325625 | PA      | $17373471.33  | 0.30%             | 2055-01-25      | Fixed         | 5.98%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD EUR BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |           1 | NC      | $-156003.05   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ARROWMARK COLORADO HOLDINGS 2018-3A                                              | ELEVATION CLO LTD AWPT 2018 3A A1R2 144A                     | CUSIP: 28623VAN9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    18000000 | PA      | $18006865.74  | 0.31%             | 2035-01-25      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| SEADRILL FINANCE LIMITED                                                         | SEADRILL FINANCE LTD SECURED 144A 08/30 8.375                | CUSIP: 81172QAA2<br>LEI: 213800WMN3OHFUDHD642 | Long             | DBT              | CORP              | BM        |     4050000 | PA      | $4127893.65   | 0.07%             | 2030-08-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | EURO-BUND FUTURE  SEP25 XEUR 20250908                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | DE        |         144 | NC      | $-174016.58   | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| NELNET STUDENT LOAN TRUST 2023-AA                                                | NELNET STUDENT LOAN TRUST NSLT 2023 AA AFL 144A              | CUSIP: 64032PAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      274796 | PA      | $280943.52    | 0.00%             | 2041-02-20      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| IQVIA INC                                                                        | IQVIA INC SR SECURED 02/29 6.25                              | CUSIP: 46266TAF5<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |     3400000 | PA      | $3555859.40   | 0.06%             | 2029-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PRPM 2024-RPL1 LLC                                                               | PRP ADVISORS, LLC PRPM 2024 RPL1 A1 144A                     | CUSIP: 69380XAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     2512872 | PA      | $2459723.25   | 0.04%             | 2064-12-25      | Variable      | 4.20%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST 2023-DSC2                                             | JP MORGAN MORTGAGE TRUST JPMMT 2023 DSC2 A1 144A             | CUSIP: 46657BAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      393419 | PA      | $393429.58    | 0.01%             | 2063-11-25      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| SAXON ASSET SECURITIES TRUST 2007-3                                              | SAXON ASSET SECURITIES TRUST SAST 2007 3 1M1                 | CUSIP: 80557BAF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    10000000 | PA      | $7644943.00   | 0.13%             | 2047-09-25      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| NEWFOLD DIGITAL HOLDINGS GROUP INC                                               | ENDURANCE INTERNATIONAL GROUP NON COOP TERM LOAN             | CUSIP: 29279UAB2<br>LEI: 549300UTQC2651SB0W88 | Long             | LON              | CORP              | US        |     2984496 | PA      | $2298062.01   | 0.04%             | 2028-02-10      | Floating      | 7.93%                 | No            |                  3 | On Loan: No      |
| PANTHEON SENIOR DEBT SECONDARIES III                                             | PANTHEON SNR DBT SCNDRS IIIUSD TERM LOAN                     | CUSIP: BA000HYC6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     1400000 | PA      | $1400000.00   | 0.02%             | 2026-03-26      | Floating      | 6.32%                 | Yes           |                  3 | On Loan: No      |
| N/A                                                                              | BOUGHT BRL SOLD USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |           1 | NC      | $100588.50    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.57013 09/02/25-4Y* LCH                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |           1 | NC      | $-4213042.47  | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| PRPM 2023-NQM3 TRUST                                                             | PRP ADVISORS, LLC PRPM 2023 NQM3 A1 144A                     | CUSIP: 69380TAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1604024 | PA      | $1614581.78   | 0.03%             | 2068-11-25      | Fixed         | 6.22%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT INR SOLD USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |           1 | NC      | $19786.56     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD BRL BOUGHT USD 20251002                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |           1 | NC      | $-65561.06    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| TRANSNET SOC LTD                                                                 | TRANSNET SOC LTD 2015 ZAR TERM LOAN                          | CUSIP: BA000FR04<br>LEI: 378900B07CD6F01EA796 | Long             | LON              | CORP              | ZA        |   157714286 | PA      | $8836566.87   | 0.15%             | 2028-03-02      | Floating      | 11.56%                | No            |                  3 | On Loan: No      |
| AMERIQUEST MTGE SEC INC 2004-R8                                                  | AMERIQUEST MORTGAGE SECURITIES AMSI 2004 R8 M4               | CUSIP: 03072SUC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     3413569 | PA      | $2837669.08   | 0.05%             | 2034-09-25      | Floating      | 6.23%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD CNH BOUGHT USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |           1 | NC      | $-7508.50     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CROWN CASTLE INTERNATIONAL CORP (CCI)                                            | CROWN CASTLE INC SR UNSECURED 07/26 1.05                     | CUSIP: 22822VAV3<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |      475000 | PA      | $457596.59    | 0.01%             | 2026-07-15      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| WELLFLEET CLO 2021-1 LTD                                                         | WELF 2021 1A A1R TSFR3M 04/34 5.49348                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     4300000 | PA      | $4300000.00   | 0.07%             | 2034-04-20      | Floating      | 5.49%                 | No            |                  3 | On Loan: No      |
| UNITED AIRLINES 2020-1 CLASS A PASS THROUGH TRUST                                | UNITED AIR 2020 1 A PTT PASS THRU CE 04/29 5.875             | CUSIP: 90931GAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1338369 | PA      | $1366854.37   | 0.02%             | 2029-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SYNOPSYS INC                                                                     | SYNOPSYS INC SR UNSECURED 04/28 4.65                         | CUSIP: 871607AB3<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |     2000000 | PA      | $2020763.10   | 0.03%             | 2028-04-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2020-1                                                | VERUS SECURITIZATION TRUST VERUS 2020 1 A1 144A              | CUSIP: 92536PAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      245588 | PA      | $241149.75    | 0.00%             | 2060-01-25      | Variable      | 3.42%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 07/25 0.00000                                  | CUSIP: 912797LW5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    10184000 | PA      | $10173340.70  | 0.17%             | 2025-07-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PEAC SOLUTIONS RECEIVABLES 2025-1A LLC                                           | PEAC SOLUTIONS RECEIVABLES LLC PEAC 2025 1A A2 144A          | CUSIP: 69392HAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    17700000 | PA      | $17772205.38  | 0.30%             | 2028-10-20      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD CNH BOUGHT USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |           1 | NC      | $-14880.63    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU PASS LLC                                                | VENTURE GLOBAL CALCASIEU SR SECURED 144A 11/33 3.875         | CUSIP: 92328MAC7<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |     4710000 | PA      | $4122705.15   | 0.07%             | 2033-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ACE SECURITIES CORP HOME EQUITY LOAN TRUST SERIES 2007-HE5                       | ACE SECURITIES CORP. ACE 2007 HE5 A1                         | CUSIP: 000797AA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    28958055 | PA      | $6806512.68   | 0.12%             | 2037-07-25      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST 2023-6                                                  | ANGEL OAK MORTGAGE TRUST AOMT 2023 6 A1 144A                 | CUSIP: 03464UAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      690507 | PA      | $695827.46    | 0.01%             | 2067-12-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY BANK (AKA: GE CAPITAL RETAIL BANK)                                     | SYNCHRONY BANK SR UNSECURED 08/25 5.4                        | CUSIP: 87166FAD5<br>LEI: 549300UATVPGSLE43Z27 | Long             | DBT              | CORP              | US        |      185000 | PA      | $184968.49    | 0.00%             | 2025-08-22      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| PAGAYA POINT OF SALE HOLDINGS GRANTOR TRUST 2025-1                               | PAGAYA POINT OF SALE HOLDINGS POSH 2025 1 A 144A             | CUSIP: 694952AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     8600000 | PA      | $8656512.32   | 0.15%             | 2034-01-20      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| VEON AMSTERDAM BV                                                                | VEON AMSTERDAM TERM LOAN                                     | CUSIP: BA000HL48<br>LEI: 549300EPG4HR574L4660 | Long             | LON              | CORP              | NL        |     4000000 | PA      | $4001441.96   | 0.07%             | 2027-03-25      | Floating      | 8.55%                 | No            |                  3 | On Loan: No      |
| N/A                                                                              | BOUGHT TWD SOLD USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |           1 | NC      | $310539.28    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD PEN BOUGHT USD 20251205                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $-80663.36    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| DC COMMERCIAL MORTGAGE TRUST 2023-DC                                             | DC COMMERCIAL MORTGAGE TRUST DC 2023 DC A 144A               | CUSIP: 24023AAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      500000 | PA      | $522088.15    | 0.01%             | 2040-09-12      | Fixed         | 6.31%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT TRY SOLD USD 20250718                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TR        |           1 | NC      | $119866.32    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT IDR SOLD USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ID        |           1 | NC      | $7879.62      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SOUND POINT CLO XVIII LTD 2017-4A                                                | SOUND POINT CLO LTD SNDPT 2017 4A A1 144A                    | CUSIP: 83609TAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      192759 | PA      | $192951.86    | 0.00%             | 2031-01-21      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| BANC OF AMERICA ALT LOAN TRUST 2006-7                                            | BANC OF AMERICA ALTERNATIVE LO BOAA 2006 7 A2                | CUSIP: 059469AB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     3931598 | PA      | $1055646.31   | 0.02%             | 2036-10-25      | Variable      | 5.71%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD JPY BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |           1 | NC      | $-74.30       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FORTRESS INVESTMENT GROUP (FINCO I LLC)                                          | FINCO I LLC 2024 TERM LOAN B                                 | CUSIP: 31774BAG9<br>LEI: 5493001RSEZ0X6VJMC68 | Long             | LON              | CORP              | US        |       98256 | PA      | $98778.47     | 0.00%             | 2029-06-27      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| AMERIQUEST MTGE SECURITIES INC 2005-R6                                           | AMERIQUEST MORTGAGE SECURITIES AMSI 2005 R6 M3               | CUSIP: 03072SG41<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1010646 | PA      | $1000105.55   | 0.02%             | 2035-08-25      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | US 10YR ULTRA FUT SEP25 XCBT 20250919                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |        1234 | NC      | $2466593.54   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| ROLLINS INC                                                                      | ROLLINS INC COMPANY GUAR 02/35 5.25                          | CUSIP: 775711AC8<br>LEI: 549300F2A0BXT4SGWD84 | Long             | DBT              | CORP              | US        |     7100000 | PA      | $7129715.91   | 0.12%             | 2035-02-24      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BECTON DICKINSON AND COMPANY                                                     | BECTON DICKINSON + CO BECTON DICKINSON + CO                  | CUSIP: 075887CS6<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |     1684000 | PA      | $1688938.43   | 0.03%             | 2034-02-08      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| WESTERN DIGITAL CORPORATION                                                      | WESTERN DIGITAL CORP COMPANY GUAR 02/26 4.75                 | CUSIP: 958102AM7<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |       32000 | PA      | $31939.64     | 0.00%             | 2026-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD JPY BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |           1 | NC      | $-1077.02     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ZIPRECRUITER INC                                                                 | ZIPRECRUITER INC SR UNSECURED 144A 01/30 5                   | CUSIP: 98980BAA1<br>LEI: 549300HLOVNNFCY2IV80 | Long             | DBT              | CORP              | US        |     1000000 | PA      | $854671.20    | 0.01%             | 2030-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRIDIEN                                                                         | VIRIDIEN SR SECURED 144A 10/30 10                            | CUSIP: 12531QAA3<br>LEI: 969500FCVQ5SLAAUJV59 | Long             | DBT              | CORP              | FR        |     4000000 | PA      | $3939326.00   | 0.07%             | 2030-10-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| STRUCTURED ASSET INVEST LN TR 2003-BC11                                          | STRUCTURED ASSET INVESTMENT LO SAIL 2003 BC11 A3             | CUSIP: 86358EEK8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1623921 | PA      | $1657221.24   | 0.03%             | 2033-10-25      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORPORATION                                                             | CARNIVAL CORPORATION 2025 TERM LOAN 2028                     | CUSIP: P2121YAY4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | LON              | CORP              | US        |      192433 | PA      | $192823.23    | 0.00%             | 2028-10-18      | Floating      | 6.31%                 | No            |                  2 | On Loan: No      |
| CITADEL LIMITED PARTNERSHIP                                                      | CITADEL LP SR UNSECURED 144A 01/30 6                         | CUSIP: 17288XAD6<br>LEI: 549300IPM6EKPVUPFL67 | Long             | DBT              | CORP              | US        |     7350000 | PA      | $7602383.86   | 0.13%             | 2030-01-23      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | ELEVANCE HEALTH INC SR UNSECURED 02/30 4.75                  | CUSIP: 036752BB8<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     3000000 | PA      | $3037530.99   | 0.05%             | 2030-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT CNH SOLD USD 20250820                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |           1 | NC      | $85459.67     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BROADCOM CORP / BROADCOM CAYMAN FINANCE LTD                                      | BROADCOM CRP /  CAYMN FI COMPANY GUAR 01/28 3.5              | CUSIP: 11134LAR0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      100000 | PA      | $98134.49     | 0.00%             | 2028-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| OPORTUN ISSUANCE TRUST 2024-2                                                    | OPORTUN FUNDING LLC OPTN 2024 2 A 144A                       | CUSIP: 68377KAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1219790 | PA      | $1221336.37   | 0.02%             | 2032-02-09      | Fixed         | 5.86%                 | No            |                  2 | On Loan: No      |
| BENCHMARK MORTGAGE TRUST  2020-B16                                               | BENCHMARK MORTGAGE TRUST BMARK 2020 B16 A5                   | CUSIP: 08161NAF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1400000 | PA      | $1286813.22   | 0.02%             | 2053-02-15      | Fixed         | 2.73%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT TRY SOLD USD 20250811                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TR        |           1 | NC      | $3727.75      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD CAD BOUGHT USD 20250702                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CA        |           1 | NC      | $-179309.11   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | MEXICO LA SP BPS                                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $24211.73     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD THB BOUGHT USD 20250716                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TH        |           1 | NC      | $-8255.00     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC/CHARTER COMMUNICATIONS OPERATING CAPITAL    | CHARTER COMM OPT LLC/CAP SR SECURED 06/62 3.95               | CUSIP: 161175CG7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1850000 | PA      | $1192936.41   | 0.02%             | 2062-06-30      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| JANE STREET GROUP / JSG FINANCE INC                                              | JANE STREET GRP/JSG FIN SR SECURED 144A 11/32 6.125          | CUSIP: 47077WAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3000000 | PA      | $3030513.60   | 0.05%             | 2032-11-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CPS AUTO RECEIVABLES TRUST 2024-D                                                | CPS AUTO TRUST CPS 2024 D C 144A                             | CUSIP: 22411JAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     7000000 | PA      | $6997102.00   | 0.12%             | 2031-01-15      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| CHASE HOME LENDING MORTGAGE TRUST 2023-RPL3                                      | CHASE MORTGAGE FINANCE CORPORA CHASE 2023 RPL3 A1 144A       | CUSIP: 161927AC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    19466098 | PA      | $17454757.40  | 0.30%             | 2063-09-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| ASSET BACKED SEC CORP HOME EQ 2005-HE4                                           | ASSET BACKED SECURITIES CORP H ABSHE 2005 HE4 M8             | CUSIP: 04541GRS3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     2778352 | PA      | $2427685.22   | 0.04%             | 2035-05-25      | Floating      | 6.46%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD BRL BOUGHT USD 20260402                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |           1 | NC      | $-43960.34    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD PEN BOUGHT USD 20250730                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $-430645.23   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING AESOP 2024-1A LLC                                 | AVIS BUDGET RENTAL CAR FUNDING AESOP 2024 1A A 144A          | CUSIP: 05377RHY3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     2000000 | PA      | $2055914.20   | 0.04%             | 2030-06-20      | Fixed         | 5.36%                 | No            |                  2 | On Loan: No      |
| OBX 2024-HYB1 TRUST                                                              | ONSLOW BAY FINANCIAL LLC OBX 2024 HYB1 A1 144A               | CUSIP: 67448MAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1173185 | PA      | $1156558.30   | 0.02%             | 2053-03-25      | Floating      | 3.65%                 | No            |                  2 | On Loan: No      |
| TURKEY GOVT                                                                      | TURKIYE GOVERNMENT BOND BONDS 05/28 VAR                      | CUSIP: ACI2PJ5W7<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    59300000 | PA      | $1444606.99   | 0.02%             | 2028-05-17      | Floating      | 48.80%                | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM CORPORATION                                                 | OCCIDENTAL PETROLEUM COR SR UNSECURED 09/36 6.45             | CUSIP: 674599DF9<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     2369000 | PA      | $2425459.33   | 0.04%             | 2036-09-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT ZAR SOLD USD 20250723                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |           1 | NC      | $56870.98     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-19

**Name of Applicant:** PIMCO ETF Trust

**Signature:** /s/ Bijal Parikh

**Name of Signer:** Bijal Parikh

**Title:** Treasurer