# EDGAR Filing Document

**Accession Number:** 0001644419
**File Stem:** 0001752724-25-182592
**Filing Date:** 2025-7
**Character Count:** 97701
**Document Hash:** e532694b18b4f9746244661c3ae507fd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-182592.hdr.sgml**: 20250729

**ACCESSION NUMBER**: 0001752724-25-182592

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250729

**DATE AS OF CHANGE**: 20250729

**PERIOD START**: 20251130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Northern Lights Fund Trust IV
- **CENTRAL INDEX KEY:** 0001644419

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0916

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23066
- **FILM NUMBER:** 251161417

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 402-895-1600

**MAIL ADDRESS:**
- **STREET 1:** 17605 WRIGHT STREET
- **STREET 2:** SUITE 200
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68154-1150

## Series and Classes Contracts Data

### Inspire Corporate Bond ETF (Series ID: S000056116)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000176728 | Inspire Corporate Bond ETF | IBD             |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Northern Lights Fund Trust IV

- **b. Investment Company Act file number:** 811-23066

- **c. CIK number of Registrant:** 0001644419

- **d. LEI of Registrant:** 549300UIBIHXQ3PDEC28

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

  - **Street Address 1:** 225 PICTORIA DRIVE

  - **City:** CINCINNATI

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 631-470-2600

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

- **a. Name of Series:** Inspire Corporate Bond ETF

- **b. EDGAR series identifier (if any):** S000056116

- **c. LEI of Series:** 549300DLDH7OYNEDTI28

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

- **a. Date of fiscal year-end:** 2025-11-30

- **b. Date as of which information is reported:** 2025-05-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $382131011.69

**Total Liabilities:** $193107.39

**Net Assets:** $381937904.30

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 911.01007500 | **1-Year:** 21485.67920800 | **5-Year:** 90668.98795100 | **10-Year:** 29811.20307000 | **30-Year:** 0.00000000

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

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

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000176728 | 0.14%                | 0.55%                | 0.22%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-108826.54              | $-712480.99                                |
| Month 2  | $-240435.42              | $1048298.56                                |
| Month 3  | $246888.53               | $-887683.86                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Waste Management, Inc.                                    | WM 3.15 11/15/27      | CUSIP: 94106LBE8<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $973522.08    | 0.25%             | 2027-11-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| The Campbells Co.                                         | CPB 5.4 03/21/34      | CUSIP: 134429BP3<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $995814.34    | 0.26%             | 2034-03-21      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| QUALCOMM Inc.                                             | QCOM 3 1/4 05/20/27   | CUSIP: 747525AU7<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $983263.71    | 0.26%             | 2027-05-20      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Crown Castle Inc.                                         | CCI 3.3 07/01/30      | CUSIP: 22822VAR2<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $924317.24    | 0.24%             | 2030-07-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Albemarle Corp                                            | ALB 5.05 06/01/32     | CUSIP: 012653AE1<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $926810.19    | 0.24%             | 2032-06-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Arrow Electronics, Inc.                                   | ARW 2.95 02/15/32     | CUSIP: 04273WAC5<br>LEI: 549300YNNLBXT8N8R512 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $858119.70    | 0.22%             | 2032-02-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Schlumberger Holdings Corporation                         | SLB 4.3 05/01/29      | CUSIP: 806851AH4<br>LEI: 529900IKZG65COT1D505 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $990953.60    | 0.26%             | 2029-05-01      | Fixed         | 4.30%                 | Yes           |                  2 | On Loan: No      |
| Jabil Inc                                                 | JBL 4 1/4 05/15/27    | CUSIP: 466313AM5<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $991297.57    | 0.26%             | 2027-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Teledyne FLIR LLC                                         | TDY 2 1/2 08/01/30    | CUSIP: 302445AE1<br>LEI: 5493000HDPX16EHNN346 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $894531.25    | 0.23%             | 2030-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Zions Bancorporation Natl Assn Global Bank                | ZION 3 1/4 10/29/29   | CUSIP: 98971DAB6<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $903190.01    | 0.24%             | 2029-10-29      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Jabil Inc                                                 | JBL 3 01/15/31        | CUSIP: 466313AK9<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $897760.70    | 0.24%             | 2031-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Microchip Technology Incorporated                         | MCHP 4 1/4 09/01/25   | CUSIP: 595017BA1<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $998496.45    | 0.26%             | 2025-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Western Digital Corp.                                     | WDC 2.85 02/01/29     | CUSIP: 958102AQ8<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $914123.10    | 0.24%             | 2029-02-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| NNN REIT Inc                                              | NNN 5.6 10/15/33      | CUSIP: 637417AS5<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1014968.24   | 0.27%             | 2033-10-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Public Storage                                            | PSA 0 7/8 02/15/26    | CUSIP: 74460WAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $974933.72    | 0.26%             | 2026-02-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| Mohawk Industries, Inc.                                   | MHK 3 5/8 05/15/30    | CUSIP: 608190AL8<br>LEI: 549300JI1115MG3Q6322 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $941318.77    | 0.25%             | 2030-05-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Quanta Services, Inc.                                     | PWR 5 1/4 08/09/34    | CUSIP: 74762EAL6<br>LEI: SHVRXXEACT60MMH07S24 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $990198.65    | 0.26%             | 2034-08-09      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| QUALCOMM Inc.                                             | QCOM 1.3 05/20/28     | CUSIP: 747525BN2<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $922043.54    | 0.24%             | 2028-05-20      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| Republic Services, Inc.                                   | RSG 3 3/8 11/15/27    | CUSIP: 760759AS9<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $979150.05    | 0.26%             | 2027-11-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Wabtec Corp                                               | WAB 4.7 09/15/28      | CUSIP: 960386AM2<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1002425.49   | 0.26%             | 2028-09-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Roper Technologies Inc                                    | ROP 4 3/4 02/15/32    | CUSIP: 776696AH9<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $988264.03    | 0.26%             | 2032-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Extra Space Storage LP                                    | EXR 2.35 03/15/32     | CUSIP: 30225VAG2<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $832885.83    | 0.22%             | 2032-03-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| EOG Resources Inc.                                        | EOG 4.15 01/15/26     | CUSIP: 26875PAP6<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $997818.25    | 0.26%             | 2026-01-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Devon Energy Corporation                                  | DVN 5.85 12/15/25     | CUSIP: 25179MAV5<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1003115.42   | 0.26%             | 2025-12-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Stanley Black & Decker, Inc.                              | SWK 2.3 03/15/30      | CUSIP: 854502AL5<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $881060.64    | 0.23%             | 2030-03-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Mondelez International, Inc.                              | MDLZ 4 3/4 02/20/29   | CUSIP: 609207BC8<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1012042.69   | 0.26%             | 2029-02-20      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Broadcom Inc                                              | AVGO 3.459 09/15/26   | CUSIP: 11135FAN1<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $987666.08    | 0.26%             | 2026-09-15      | Fixed         | 3.46%                 | No            |                  2 | On Loan: No      |
| Loews Corporation                                         | L 3 3/4 04/01/26      | CUSIP: 540424AS7<br>LEI: R8V1FN4M5ITGZOG7BS19 | Long             | DBT              | CORP              | US        |   6900000 | PA      | $6857772.76   | 1.80%             | 2026-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Cabot Corporation                                         | CBT 5 06/30/32        | CUSIP: 127055AM3<br>LEI: K05C0SER542GQ6VLRO68 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $983672.19    | 0.26%             | 2032-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSX Corporation                                           | CSX 3.35 11/01/25     | CUSIP: 126408HD8<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $995426.10    | 0.26%             | 2025-11-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Conagra Brands Inc                                        | CAG 4.6 11/01/25      | CUSIP: 205887CB6<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $999142.30    | 0.26%             | 2025-11-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Mondelez International, Inc.                              | MDLZ 2 3/4 04/13/30   | CUSIP: 609207AT2<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $918389.96    | 0.24%             | 2030-04-13      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Waste Management, Inc.                                    | WM 0 3/4 11/15/25     | CUSIP: 94106LBL2<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $983299.71    | 0.26%             | 2025-11-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Camden Property Trust                                     | CPT 4.9 01/15/34      | CUSIP: 133131BB7<br>LEI: 5493002MYX22OHYJBD89 | Long             | DBT              | CORP              | US        |   6900000 | PA      | $6771316.59   | 1.77%             | 2034-01-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| First Citizens Bank & Trust Company                       | FCNCA 6 1/8 03/09/28  | CUSIP: 125581GX0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1035030.81   | 0.27%             | 2028-03-09      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Newmont Corporation                                       | NEM 2 1/4 10/01/30    | CUSIP: 651639AY2<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $893805.77    | 0.23%             | 2030-10-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Amphenol Corporation                                      | APH 5.05 04/05/27     | CUSIP: 032095AN1<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1013655.62   | 0.27%             | 2027-04-05      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| J. B. Hunt Transport Services, Inc.                       | JBHT 3 7/8 03/01/26   | CUSIP: 445658CF2<br>LEI: 549300XCD1MPI1C5GK90 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $993740.80    | 0.26%             | 2026-03-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Amcor Finance (USA) Inc.                                  | AMCR 4 1/2 05/15/28   | CUSIP: 02343UAH8<br>LEI: 549300ZMT7FVT8R77U18 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $992928.56    | 0.26%             | 2028-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Extra Space Storage LP                                    | EXR 2.55 06/01/31     | CUSIP: 30225VAF4<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |   6900000 | PA      | $5978446.49   | 1.57%             | 2031-06-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Royalty Pharma PLC                                        | RPRX 1.2 09/02/25     | CUSIP: 78081BAH6<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $990675.16    | 0.26%             | 2025-09-02      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| Dollar General Corporation                                | DG 3 7/8 04/15/27     | CUSIP: 256677AE5<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |   6900000 | PA      | $6802435.93   | 1.78%             | 2027-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| D.R. Horton, Inc.                                         | DHI 1.3 10/15/26      | CUSIP: 23331ABQ1<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $958062.69    | 0.25%             | 2026-10-15      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| CSX Corporation                                           | CSX 3.8 03/01/28      | CUSIP: 126408HJ5<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $986047.30    | 0.26%             | 2028-03-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Cintas Corporation No. 2                                  | CTAS 4 05/01/32       | CUSIP: 17252MAQ3<br>LEI: 549300QVUQTTKMTE0G41 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $954101.54    | 0.25%             | 2032-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Nordson Corp                                              | NDSN 5.8 09/15/33     | CUSIP: 655663AB8<br>LEI: 14OS6Q5N55N95WM84M53 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1038569.79   | 0.27%             | 2033-09-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Mohawk Industries, Inc.                                   | MHK 5.85 09/18/28     | CUSIP: 608190AM6<br>LEI: 549300JI1115MG3Q6322 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1032655.55   | 0.27%             | 2028-09-18      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Digital Realty Trust, L.P.                                | DLR 4.45 07/15/28     | CUSIP: 25389JAT3<br>LEI: CD4SPTZ3YBTHY0C1AH38 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $996395.80    | 0.26%             | 2028-07-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Mondelez International, Inc.                              | MDLZ 4 3/4 08/28/34   | CUSIP: 609207BE4<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $969451.13    | 0.25%             | 2034-08-28      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Devon Financing Corp ULC                                  | DVN 7 7/8 09/30/31    | CUSIP: 25179SAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1133896.55   | 0.30%             | 2031-09-30      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Amcor Flexibles North America Inc                         | AMCR 2.63 06/19/30    | CUSIP: 081437AT2<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $897759.85    | 0.24%             | 2030-06-19      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Primerica, Inc.                                           | PRI 2.8 11/19/31      | CUSIP: 74164MAB4<br>LEI: 254900621R686KJR7022 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $873575.00    | 0.23%             | 2031-11-19      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Cintas Corporation No. 2                                  | CTAS 3.7 04/01/27     | CUSIP: 17252MAN0<br>LEI: 549300QVUQTTKMTE0G41 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $989553.49    | 0.26%             | 2027-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Wabtec Corp                                               | WAB 5.611 03/11/34    | CUSIP: 960386AR1<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1018959.42   | 0.27%             | 2034-03-11      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| Caterpillar Inc                                           | CAT 2.6 09/19/29      | CUSIP: 149123CG4<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |   6900000 | PA      | $6433879.95   | 1.68%             | 2029-09-19      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Omega Healthcare Investors, Inc.                          | OHI 3 5/8 10/01/29    | CUSIP: 681936BL3<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $941554.67    | 0.25%             | 2029-10-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| WEC Energy Group Inc.                                     | WEC 1 3/8 10/15/27    | CUSIP: 92939UAD8<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $930115.05    | 0.24%             | 2027-10-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Entergy Corporation                                       | ETR 0.9 09/15/25      | CUSIP: 29364GAM5<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $989193.06    | 0.26%             | 2025-09-15      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| Crown Castle Inc.                                         | CCI 5.8 03/01/34      | CUSIP: 22822VBE0<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1019256.01   | 0.27%             | 2034-03-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| W. P. Carey Inc                                           | WPC 2 1/4 04/01/33    | CUSIP: 92936UAH2<br>LEI: 54930042CRNE713E3Q67 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $802868.32    | 0.21%             | 2033-04-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Alexandria Real Estate Equities, Inc.                     | ARE 4.7 07/01/30      | CUSIP: 015271AN9<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $980215.68    | 0.26%             | 2030-07-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Conagra Brands Inc                                        | CAG 1 3/8 11/01/27    | CUSIP: 205887CF7<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |   6900000 | PA      | $6384118.67   | 1.67%             | 2027-11-01      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Steel Dynamics, Inc.                                      | STLD 3 1/4 01/15/31   | CUSIP: 858119BM1<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $917930.47    | 0.24%             | 2031-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| LXP Industrial Trust                                      | LXP 2.7 09/15/30      | CUSIP: 529043AE1<br>LEI: 549300S4MH2ICXDBFV43 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $879968.52    | 0.23%             | 2030-09-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| BorgWarner Inc.                                           | BWA 2.65 07/01/27     | CUSIP: 099724AL0<br>LEI: 549300DSFX2IE88NSX47 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $960701.64    | 0.25%             | 2027-07-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Targa Resources Partners LP/Targa Resources Finance Corp. | TRGP 5 01/15/28       | CUSIP: 87612BBG6<br>LEI: 6OQWTZ1SPC04IFT4T704 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $998610.37    | 0.26%             | 2028-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Eversource Energy                                         | ES 5.95 07/15/34      | CUSIP: 30040WAZ1<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1028655.95   | 0.27%             | 2034-07-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Carlisle Companies Inc.                                   | CSL 3 3/4 12/01/27    | CUSIP: 142339AH3<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $978928.70    | 0.26%             | 2027-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Amdocs Limited                                            | DOX 2.538 06/15/30    | CUSIP: 02342TAE9<br>LEI: 549300HQV672RJ7RQV66 | Long             | DBT              | CORP              | GG        |   1000000 | PA      | $891797.06    | 0.23%             | 2030-06-15      | Fixed         | 2.54%                 | No            |                  2 | On Loan: No      |
| Ingersoll Rand Inc                                        | IR 5.7 08/14/33       | CUSIP: 45687VAB2<br>LEI: 5299004C02FMZCUOIR50 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1027993.11   | 0.27%             | 2033-08-14      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Regions Financial Corporation                             | RF 1.8 08/12/28       | CUSIP: 7591EPAT7<br>LEI: CW05CS5KW59QTC0DG824 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $913912.56    | 0.24%             | 2028-08-12      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| Skyworks Solutions, Inc.                                  | SWKS 3 06/01/31       | CUSIP: 83088MAL6<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $870661.54    | 0.23%             | 2031-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fortinet Inc                                              | FTNT 2.2 03/15/31     | CUSIP: 34959EAB5<br>LEI: 549300O0QJWDBAS0QX03 | Long             | DBT              | CORP              | US        |   6900000 | PA      | $6002406.67   | 1.57%             | 2031-03-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Simon Property Group LP                                   | SPG 3.3 01/15/26      | CUSIP: 828807CW5<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $992553.28    | 0.26%             | 2026-01-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Newmont Corporation                                       | NEM 2.6 07/15/32      | CUSIP: 651639AZ9<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | DBT              | CORP              | US        |   6900000 | PA      | $6020482.74   | 1.58%             | 2032-07-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Stanley Black & Decker, Inc.                              | SWK 3 05/15/32        | CUSIP: 854502AQ4<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $859545.29    | 0.23%             | 2032-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Schlumberger Holdings Corporation                         | SLB 3.9 05/17/28      | CUSIP: 806851AK7<br>LEI: 529900IKZG65COT1D505 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $983618.82    | 0.26%             | 2028-05-17      | Fixed         | 3.90%                 | Yes           |                  2 | On Loan: No      |
| Ventas Realty Limited Partnership                         | VTR 4.4 01/15/29      | CUSIP: 92277GAN7<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $989492.92    | 0.26%             | 2029-01-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Broadcom Inc                                              | AVGO 4.11 09/15/28    | CUSIP: 11135FAL5<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $991566.29    | 0.26%             | 2028-09-15      | Fixed         | 4.11%                 | No            |                  2 | On Loan: No      |
| Boston Properties Limited Partnership                     | BXP 3 1/4 01/30/31    | CUSIP: 10112RBD5<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |   6900000 | PA      | $6216843.77   | 1.63%             | 2031-01-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Atmos Energy Corp.                                        | ATO 2 5/8 09/15/29    | CUSIP: 049560AR6<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |   6900000 | PA      | $6408535.98   | 1.68%             | 2029-09-15      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| Centerpoint Energy Inc                                    | CNP 2.65 06/01/31     | CUSIP: 15189TBB2<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $876517.16    | 0.23%             | 2031-06-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Ovintiv Exploration Inc.                                  | OVV 5 3/8 01/01/26    | CUSIP: 651290AR9<br>LEI: T8W3X1PFLPW2YE0UIP44 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1000527.52   | 0.26%             | 2026-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Cboe Global Markets Inc                                   | CBOE 3.65 01/12/27    | CUSIP: 12503MAA6<br>LEI: 529900RLNSGA90UPEH54 | Long             | DBT              | CORP              | US        |   6900000 | PA      | $6810937.28   | 1.78%             | 2027-01-12      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Oneok Inc.                                                | OKE 5.85 01/15/26     | CUSIP: 682680BD4<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1005762.69   | 0.26%             | 2026-01-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Prologis, L.P.                                            | PLD 1 1/4 10/15/30    | CUSIP: 74340XBR1<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $844670.39    | 0.22%             | 2030-10-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| CNH Industrial Capital LLC                                | CNHI 1 7/8 01/15/26   | CUSIP: 12592BAL8<br>LEI: 549300PNSJ5B81UMVO28 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $982951.68    | 0.26%             | 2026-01-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan, Inc.                                       | KMI 5.2 06/01/33      | CUSIP: 49456BAX9<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $985741.27    | 0.26%             | 2033-06-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| EQT Corporation                                           | EQT 7 02/01/30        | CUSIP: 26884LAG4<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1070074.46   | 0.28%             | 2030-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Republic Services, Inc.                                   | RSG 2.3 03/01/30      | CUSIP: 760759AV2<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $905095.38    | 0.24%             | 2030-03-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Entergy Corporation                                       | ETR 2.8 06/15/30      | CUSIP: 29364GAL7<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $909686.20    | 0.24%             | 2030-06-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Cheniere Energy Partners Lp                               | CQP 5.95 06/30/33     | CUSIP: 16411QAQ4<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1022246.21   | 0.27%             | 2033-06-30      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Republic Services, Inc.                                   | RSG 1 3/4 02/15/32    | CUSIP: 760759AZ3<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $829192.45    | 0.22%             | 2032-02-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Dentsply Sirona Inc                                       | XRAY 3 1/4 06/01/30   | CUSIP: 24906PAA7<br>LEI: 9NHEHR1SOZCYXDO8HO28 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $901592.91    | 0.24%             | 2030-06-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Trimble Inc                                               | TRMB 6.1 03/15/33     | CUSIP: 896239AE0<br>LEI: 549300E2MI7NSZFQWS19 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1043012.04   | 0.27%             | 2033-03-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| The Progressive Corporation                               | PGR 3.2 03/26/30      | CUSIP: 743315AW3<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $948118.40    | 0.25%             | 2030-03-26      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Public Storage                                            | PSA 3.094 09/15/27    | CUSIP: 74460DAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $974485.34    | 0.26%             | 2027-09-15      | Fixed         | 3.09%                 | No            |                  2 | On Loan: No      |
| Archer-Daniels-Midland Co.                                | ADM 4 1/2 08/15/33    | CUSIP: 039482AE4<br>LEI: 549300LO13MQ9HYSTR83 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $963051.67    | 0.25%             | 2033-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Jabil Inc                                                 | JBL 3.6 01/15/30      | CUSIP: 466313AJ2<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |   6900000 | PA      | $6486919.56   | 1.70%             | 2030-01-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Alexandria Real Estate Equities, Inc.                     | ARE 3 3/8 08/15/31    | CUSIP: 015271AR0<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $904495.07    | 0.24%             | 2031-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Coca-Cola Consolidated Inc                                | COKE 5.45 06/01/34    | CUSIP: 191098AP7<br>LEI: 57VG5X0E00X0QJU7CQ58 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1017969.11   | 0.27%             | 2034-06-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Waste Management, Inc.                                    | WM 4 5/8 02/15/33     | CUSIP: 94106LBU2<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $988545.10    | 0.26%             | 2033-02-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Fortinet Inc                                              | FTNT 1 03/15/26       | CUSIP: 34959EAA7<br>LEI: 549300O0QJWDBAS0QX03 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $972190.89    | 0.25%             | 2026-03-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Jabil Inc                                                 | JBL 3.95 01/12/28     | CUSIP: 466313AH6<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $983596.15    | 0.26%             | 2028-01-12      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Amphenol Corporation                                      | APH 2.2 09/15/31      | CUSIP: 032095AL5<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $866107.79    | 0.23%             | 2031-09-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Aptargroup Inc.                                           | ATR 3.6 03/15/32      | CUSIP: 038336AA1<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $913375.62    | 0.24%             | 2032-03-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Prologis, L.P.                                            | PLD 2 1/4 04/15/30    | CUSIP: 74340XBM2<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $897267.92    | 0.23%             | 2030-04-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Ventas Realty Limited Partnership                         | VTR 4 03/01/28        | CUSIP: 92277GAM9<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $984046.90    | 0.26%             | 2028-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Omega Healthcare Investors, Inc.                          | OHI 4 3/4 01/15/28    | CUSIP: 681936BK5<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1000616.69   | 0.26%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| The Progressive Corporation                               | PGR 4.95 06/15/33     | CUSIP: 743315BB8<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1008296.15   | 0.26%             | 2033-06-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Atmos Energy Corp.                                        | ATO 3 06/15/27        | CUSIP: 049560AN5<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $976297.08    | 0.26%             | 2027-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Albemarle Corp                                            | ALB 4.65 06/01/27     | CUSIP: 012653AD3<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $988269.07    | 0.26%             | 2027-06-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Emera US Finance LP                                       | EMACN 3.55 06/15/26   | CUSIP: 29103DAJ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $986888.47    | 0.26%             | 2026-06-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| KLA Corp.                                                 | KLAC 4.7 02/01/34     | CUSIP: 482480AP5<br>LEI: 549300H0BF5JCG96TJ81 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $981243.88    | 0.26%             | 2034-02-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| QUALCOMM Inc.                                             | QCOM 2.15 05/20/30    | CUSIP: 747525BK8<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $900637.65    | 0.24%             | 2030-05-20      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| UDR Inc                                                   | UDR 2.1 08/01/32      | CUSIP: 90265EAT7<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $810052.56    | 0.21%             | 2032-08-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| Centerpoint Energy Inc                                    | CNP 1.45 06/01/26     | CUSIP: 15189TBA4<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $969425.82    | 0.25%             | 2026-06-01      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| Roper Technologies Inc                                    | ROP 3.8 12/15/26      | CUSIP: 776743AD8<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $991156.06    | 0.26%             | 2026-12-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Boston Properties Limited Partnership                     | BXP 2.55 04/01/32     | CUSIP: 10112RBE3<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $826566.05    | 0.22%             | 2032-04-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Digital Realty Trust, L.P.                                | DLR 3.6 07/01/29      | CUSIP: 25389JAU0<br>LEI: CD4SPTZ3YBTHY0C1AH38 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $961606.64    | 0.25%             | 2029-07-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Waste Connections Inc (CA) Inc                            | WCNCN 4 1/4 12/01/28  | CUSIP: 941053AH3<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   1000000 | PA      | $998116.29    | 0.26%             | 2028-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Parker-Hannifin Corp.                                     | PH 3 1/4 06/14/29     | CUSIP: 701094AN4<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |   6900000 | PA      | $6599623.68   | 1.73%             | 2029-06-14      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Pulte Group Inc                                           | PHM 6 3/8 05/15/33    | CUSIP: 745867AP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1054880.23   | 0.28%             | 2033-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| The Campbells Co.                                         | CPB 4.15 03/15/28     | CUSIP: 134429BG3<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $992245.77    | 0.26%             | 2028-03-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Carlisle Companies Inc.                                   | CSL 2.2 03/01/32      | CUSIP: 142339AL4<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $834370.37    | 0.22%             | 2032-03-01      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Tennessee Gas Pipeline Company                            | KMI 7 10/15/28        | CUSIP: 880451AV1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1069702.69   | 0.28%             | 2028-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| W. P. Carey Inc                                           | WPC 2.4 02/01/31      | CUSIP: 92936UAG4<br>LEI: 54930042CRNE713E3Q67 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $866961.13    | 0.23%             | 2031-02-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Baxter International, Inc.                                | BAX 2.272 12/01/28    | CUSIP: 071813CP2<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $922554.43    | 0.24%             | 2028-12-01      | Fixed         | 2.27%                 | No            |                  2 | On Loan: No      |
| McCormick & Company, Incorporated                         | MKC 4.95 04/15/33     | CUSIP: 579780AT4<br>LEI: 549300JQQA6MQ4OJP259 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $986673.51    | 0.26%             | 2033-04-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| CSX Corporation                                           | CSX 4 1/4 03/15/29    | CUSIP: 126408HM8<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $993016.89    | 0.26%             | 2029-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Air Lease Corporation                                     | AL 2 7/8 01/15/32     | CUSIP: 00914AAS1<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $875389.60    | 0.23%             | 2032-01-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Caterpillar Financial Services Corp.                      | CAT 0.8 11/13/25      | CUSIP: 14913R2H9<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $983681.86    | 0.26%             | 2025-11-13      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| Boston Properties Limited Partnership                     | BXP 3.65 02/01/26     | CUSIP: 10112RAX2<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $992444.42    | 0.26%             | 2026-02-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Verisk Analytics, Inc.                                    | VRSK 5 3/4 04/01/33   | CUSIP: 92345YAH9<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1039090.77   | 0.27%             | 2033-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Fortune Brands Innovations Inc                            | FBINUS 3 1/4 09/15/29 | CUSIP: 34964CAE6<br>LEI: 54930032LHW54PQUJD44 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $939977.21    | 0.25%             | 2029-09-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| UDR Inc                                                   | UDR 3.2 01/15/30      | CUSIP: 90265EAQ3<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $941493.25    | 0.25%             | 2030-01-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Essential Utilities Inc                                   | WTRG 5 3/8 01/15/34   | CUSIP: 29670GAH5<br>LEI: 549300ILTEOF3E3QY357 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $995917.99    | 0.26%             | 2034-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| LXP Industrial Trust                                      | LXP 2 3/8 10/01/31    | CUSIP: 529537AA0<br>LEI: 549300S4MH2ICXDBFV43 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $832431.73    | 0.22%             | 2031-10-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Vulcan Materials Company                                  | VMC 3.9 04/01/27      | CUSIP: 929160AT6<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $990926.30    | 0.26%             | 2027-04-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Stanley Black & Decker, Inc.                              | SWK 6 03/06/28        | CUSIP: 854502AT8<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1036257.32   | 0.27%             | 2028-03-06      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| KLA Corp.                                                 | KLAC 4.1 03/15/29     | CUSIP: 482480AG5<br>LEI: 549300H0BF5JCG96TJ81 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $991999.69    | 0.26%             | 2029-03-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Mid-America Apartments, L.P.                              | MAA 4 11/15/25        | CUSIP: 59523UAM9<br>LEI: 549300FXWGE3QSYCUJ38 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $996418.03    | 0.26%             | 2025-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Amphenol Corporation                                      | APH 2.8 02/15/30      | CUSIP: 032095AJ0<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $929182.52    | 0.24%             | 2030-02-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| KLA Corp.                                                 | KLAC 4.65 07/15/32    | CUSIP: 482480AL4<br>LEI: 549300H0BF5JCG96TJ81 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $992944.82    | 0.26%             | 2032-07-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Targa Resources Corp.                                     | TRGP 6 1/8 03/15/33   | CUSIP: 87612GAC5<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1029184.05   | 0.27%             | 2033-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| EQT Corporation                                           | EQT 5.7 04/01/28      | CUSIP: 26884LAQ2<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1021148.85   | 0.27%             | 2028-04-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| MSCI Inc.                                                 | MSCI 3 5/8 11/01/31   | CUSIP: 55354GAM2<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $907915.40    | 0.24%             | 2031-11-01      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| Ventas Realty Limited Partnership                         | VTR 3 1/4 10/15/26    | CUSIP: 92277GAJ6<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $980149.09    | 0.26%             | 2026-10-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan, Inc.                                       | KMI 4.3 03/01/28      | CUSIP: 49456BAP6<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $996962.08    | 0.26%             | 2028-03-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Western Digital Corp.                                     | WDC 3.1 02/01/32      | CUSIP: 958102AR6<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $863756.00    | 0.23%             | 2032-02-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Verisk Analytics, Inc.                                    | VRSK 4 1/8 03/15/29   | CUSIP: 92345YAF3<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $985233.49    | 0.26%             | 2029-03-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| EQT Corporation                                           | EQT 5 3/4 02/01/34    | CUSIP: 26884LAR0<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1004986.29   | 0.26%             | 2034-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| LYB International Finance III LLC                         | LYB 1 1/4 10/01/25    | CUSIP: 50249AAF0<br>LEI: 984500A51LA0B8EB4053 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $987905.88    | 0.26%             | 2025-10-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Boston Properties Limited Partnership                     | BXP 3.4 06/21/29      | CUSIP: 10112RBB9<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $938171.49    | 0.25%             | 2029-06-21      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Essential Utilities Inc                                   | WTRG 2.704 04/15/30   | CUSIP: 29670GAD4<br>LEI: 549300ILTEOF3E3QY357 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $910433.35    | 0.24%             | 2030-04-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Carlisle Companies Inc.                                   | CSL 2 3/4 03/01/30    | CUSIP: 142339AJ9<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |   6900000 | PA      | $6324411.11   | 1.66%             | 2030-03-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Ventas Realty Limited Partnership                         | VTR 4 3/4 11/15/30    | CUSIP: 92277GAV9<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $995392.62    | 0.26%             | 2030-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Valero Energy Corp.                                       | VLO 4.35 06/01/28     | CUSIP: 91913YAV2<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |   6900000 | PA      | $6860896.25   | 1.80%             | 2028-06-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Amcor Finance (USA) Inc.                                  | AMCR 3 5/8 04/28/26   | CUSIP: 02343UAG0<br>LEI: 549300ZMT7FVT8R77U18 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $990160.08    | 0.26%             | 2026-04-28      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Genuine Parts Co                                          | GPC 1 7/8 11/01/30    | CUSIP: 372460AA3<br>LEI: 549300D46DQVEU651W04 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $853350.61    | 0.22%             | 2030-11-01      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Boston Properties Limited Partnership                     | BXP 4 1/2 12/01/28    | CUSIP: 10112RBA1<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $985715.10    | 0.26%             | 2028-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BorgWarner Inc.                                           | BWA 5.4 08/15/34      | CUSIP: 099724AQ9<br>LEI: 549300DSFX2IE88NSX47 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $995685.17    | 0.26%             | 2034-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Valero Energy Corp.                                       | VLO 3.4 09/15/26      | CUSIP: 91913YAU4<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $986436.61    | 0.26%             | 2026-09-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Roper Technologies Inc                                    | ROP 1 3/4 02/15/31    | CUSIP: 776743AL0<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $847117.04    | 0.22%             | 2031-02-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Kite Realty Group, L.P.                                   | KRG 4 3/4 09/15/30    | CUSIP: 76131VAB9<br>LEI: 549300X6R2GYI8Y3OD81 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $985429.39    | 0.26%             | 2030-09-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Nucor Corporation                                         | NUE 2 06/01/25        | CUSIP: 670346AR6<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1000000.00   | 0.26%             | 2025-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Extra Space Storage LP                                    | EXR 3.9 04/01/29      | CUSIP: 30225VAH0<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $970318.48    | 0.25%             | 2029-04-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| NNN REIT Inc                                              | NNN 2 1/2 04/15/30    | CUSIP: 637417AN6<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $898342.83    | 0.24%             | 2030-04-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Parker-Hannifin Corp.                                     | PH 4 1/2 09/15/29     | CUSIP: 701094AS3<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1004020.31   | 0.26%             | 2029-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Republic Services, Inc.                                   | RSG 1.45 02/15/31     | CUSIP: 760759AX8<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $841233.55    | 0.22%             | 2031-02-15      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| Caterpillar Inc                                           | CAT 1.9 03/12/31      | CUSIP: 149123CK5<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $870782.20    | 0.23%             | 2031-03-12      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| DTE Energy Co.                                            | DTE 5.85 06/01/34     | CUSIP: 233331BL0<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1029300.15   | 0.27%             | 2034-06-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Omega Healthcare Investors, Inc.                          | OHI 3 1/4 04/15/33    | CUSIP: 681936BN9<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $845023.99    | 0.22%             | 2033-04-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Wabtec Corp                                               | WAB 3.45 11/15/26     | CUSIP: 960386AL4<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $983093.57    | 0.26%             | 2026-11-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Equifax Inc.                                              | EFX 5.1 12/15/27      | CUSIP: 294429AV7<br>LEI: 5493004MCF8JDC86VS77 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1009748.02   | 0.26%             | 2027-12-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Entergy Corporation                                       | ETR 1.9 06/15/28      | CUSIP: 29364GAN3<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $927617.60    | 0.24%             | 2028-06-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Oneok Inc.                                                | OKE 4 07/13/27        | CUSIP: 682680AS2<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $989974.43    | 0.26%             | 2027-07-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Trimble Inc                                               | TRMB 4.9 06/15/28     | CUSIP: 896239AC4<br>LEI: 549300E2MI7NSZFQWS19 | Long             | DBT              | CORP              | US        |   6900000 | PA      | $6965048.37   | 1.82%             | 2028-06-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Transcontinental Gas Pipe Line Company, LLC               | WMB 7.85 02/01/26     | CUSIP: 893574AH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1012422.53   | 0.27%             | 2026-02-01      | Fixed         | 7.85%                 | No            |                  2 | On Loan: No      |
| Ryder System, Inc.                                        | R 5 1/4 06/01/28      | CUSIP: 78355HKW8<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1018901.98   | 0.27%             | 2028-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Roper Technologies Inc                                    | ROP 4.2 09/15/28      | CUSIP: 776743AF3<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $992039.52    | 0.26%             | 2028-09-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Devon Energy Corporation                                  | DVN 5.2 09/15/34      | CUSIP: 25179MBG7<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $946385.90    | 0.25%             | 2034-09-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Prologis, L.P.                                            | PLD 1 5/8 03/15/31    | CUSIP: 74340XBS9<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $846289.85    | 0.22%             | 2031-03-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| QUALCOMM Inc.                                             | QCOM 5.4 05/20/33     | CUSIP: 747525BS1<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1040511.62   | 0.27%             | 2033-05-20      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Juniper Networks, Inc.                                    | JNPR 2 12/10/30       | CUSIP: 48203RAP9<br>LEI: AUHIXNGG7U2U7JEHM527 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $857055.50    | 0.22%             | 2030-12-10      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Tractor Supply Co                                         | TSCO 5 1/4 05/15/33   | CUSIP: 892356AB2<br>LEI: 549300OJ9VZHZRO6I137 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $996765.12    | 0.26%             | 2033-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Reinsurance Group of America, Incorporated                | RGA 3.15 06/15/30     | CUSIP: 759351AP4<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $925550.82    | 0.24%             | 2030-06-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Centerpoint Energy Inc                                    | CNP 2.95 03/01/30     | CUSIP: 15189TAX5<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $923821.38    | 0.24%             | 2030-03-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Genuine Parts Co                                          | GPC 2 3/4 02/01/32    | CUSIP: 372460AC9<br>LEI: 549300D46DQVEU651W04 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $858056.72    | 0.22%             | 2032-02-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| McCormick & Company, Incorporated                         | MKC 2 1/2 04/15/30    | CUSIP: 579780AQ0<br>LEI: 549300JQQA6MQ4OJP259 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $902363.73    | 0.24%             | 2030-04-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Alexandria Real Estate Equities, Inc.                     | ARE 3.95 01/15/28     | CUSIP: 015271AK5<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $985130.70    | 0.26%             | 2028-01-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Schlumberger Holdings Corporation                         | SLB 4 12/21/25        | CUSIP: 806851AG6<br>LEI: 529900IKZG65COT1D505 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $996491.15    | 0.26%             | 2025-12-21      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Newmont Corporation                                       | NEM 2.8 10/01/29      | CUSIP: 651639AX4<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $939079.30    | 0.25%             | 2029-10-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Parker-Hannifin Corp.                                     | PH 4 1/4 09/15/27     | CUSIP: 701094AR5<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $998577.05    | 0.26%             | 2027-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Reinsurance Group of America, Incorporated                | RGA 3.9 05/15/29      | CUSIP: 759351AN9<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $974037.05    | 0.26%             | 2029-05-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Baxter International, Inc.                                | BAX 3.95 04/01/30     | CUSIP: 071813BY4<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |   6900000 | PA      | $6670972.16   | 1.75%             | 2030-04-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Amcor Flexibles North America Inc                         | AMCR 2.69 05/25/31    | CUSIP: 02344AAA6<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $881747.88    | 0.23%             | 2031-05-25      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| BBH SWEEP VEHICLE                                         | BBH SWEEP VEHICLE     | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |    567077 | PA      | $567076.91    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Avangrid Inc                                              | AGR 3.8 06/01/29      | CUSIP: 05351WAB9<br>LEI: 549300OX0Q38NLSKPB49 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $964362.58    | 0.25%             | 2029-06-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Genuine Parts Co                                          | GPC 6 1/2 11/01/28    | CUSIP: 372460AE5<br>LEI: 549300D46DQVEU651W04 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1056837.04   | 0.28%             | 2028-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Targa Resources Corp.                                     | TRGP 6.15 03/01/29    | CUSIP: 87612GAE1<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1043562.96   | 0.27%             | 2029-03-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Reinsurance Group of America, Incorporated                | RGA 6 09/15/33        | CUSIP: 759351AR0<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1035132.77   | 0.27%             | 2033-09-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Devon Energy Corporation                                  | DVN 4 1/2 01/15/30    | CUSIP: 25179MBF9<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $974120.14    | 0.26%             | 2030-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Ventas Realty Limited Partnership                         | VTR 4 1/8 01/15/26    | CUSIP: 92277GAG2<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $995217.73    | 0.26%             | 2026-01-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Autozone, Inc.                                            | AZO 3 3/4 06/01/27    | CUSIP: 053332AV4<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |   6900000 | PA      | $6816120.77   | 1.78%             | 2027-06-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Arrow Electronics, Inc.                                   | ARW 3 7/8 01/12/28    | CUSIP: 042735BF6<br>LEI: 549300YNNLBXT8N8R512 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $978523.37    | 0.26%             | 2028-01-12      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Loews Corporation                                         | L 3.2 05/15/30        | CUSIP: 540424AT5<br>LEI: R8V1FN4M5ITGZOG7BS19 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $935366.53    | 0.24%             | 2030-05-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan, Inc.                                       | KMI 7.8 08/01/31      | CUSIP: 28368EAD8<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1136170.31   | 0.30%             | 2031-08-01      | Fixed         | 7.80%                 | No            |                  2 | On Loan: No      |
| Alexandria Real Estate Equities, Inc.                     | ARE 2 05/18/32        | CUSIP: 015271AW9<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $807012.30    | 0.21%             | 2032-05-18      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Digital Realty Trust, L.P.                                | DLR 3.7 08/15/27      | CUSIP: 25389JAR7<br>LEI: CD4SPTZ3YBTHY0C1AH38 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $985276.74    | 0.26%             | 2027-08-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Sun Communities Operating Limited Partnership             | SUI 2.7 07/15/31      | CUSIP: 866677AE7<br>LEI: 549300PUNBPJCGT6X741 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $870629.37    | 0.23%             | 2031-07-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Brunswick Corporation                                     | BC 4.4 09/15/32       | CUSIP: 117043AU3<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $905121.21    | 0.24%             | 2032-09-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Diamondback Energy Inc                                    | FANG 3 1/2 12/01/29   | CUSIP: 25278XAN9<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $945466.40    | 0.25%             | 2029-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Sun Communities Operating Limited Partnership             | SUI 2.3 11/01/28      | CUSIP: 866677AF4<br>LEI: 549300PUNBPJCGT6X741 | Long             | DBT              | CORP              | US        |   6900000 | PA      | $6387681.69   | 1.67%             | 2028-11-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Atmos Energy Corp.                                        | ATO 1 1/2 01/15/31    | CUSIP: 049560AT2<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $845036.61    | 0.22%             | 2031-01-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| D.R. Horton, Inc.                                         | DHI 2.6 10/15/25      | CUSIP: 23331ABN8<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $992334.24    | 0.26%             | 2025-10-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Globe Life Inc                                            | GL 5.85 09/15/34      | CUSIP: 37959EAC6<br>LEI: 5493001JFHKQOPP6XA71 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1015051.47   | 0.27%             | 2034-09-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Alexandria Real Estate Equities, Inc.                     | ARE 4.9 12/15/30      | CUSIP: 015271AU3<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |   6900000 | PA      | $6836992.72   | 1.79%             | 2030-12-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Diamondback Energy Inc                                    | FANG 3 1/8 03/24/31   | CUSIP: 25278XAR0<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |   6900000 | PA      | $6228757.93   | 1.63%             | 2031-03-24      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Evergy Inc                                                | EVRG 2.9 09/15/29     | CUSIP: 30034WAB2<br>LEI: 549300PGTHDQY6PSUI61 | Long             | DBT              | CORP              | US        |   6900000 | PA      | $6425966.34   | 1.68%             | 2029-09-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| McCormick & Company, Incorporated                         | MKC 3.4 08/15/27      | CUSIP: 579780AN7<br>LEI: 549300JQQA6MQ4OJP259 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $977034.89    | 0.26%             | 2027-08-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| National Health Investors, Inc.                           | NHI 3 02/01/31        | CUSIP: 63633DAF1<br>LEI: 549300ZPKZIG6DKDEC02 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $872331.27    | 0.23%             | 2031-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fortune Brands Innovations Inc                            | FBINUS 5 7/8 06/01/33 | CUSIP: 34964CAH9<br>LEI: 54930032LHW54PQUJD44 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1028387.19   | 0.27%             | 2033-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Amphenol Corporation                                      | APH 5 1/4 04/05/34    | CUSIP: 032095AQ4<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1011464.03   | 0.26%             | 2034-04-05      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Nucor Corporation                                         | NUE 2.7 06/01/30      | CUSIP: 670346AS4<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | DBT              | CORP              | US        |   6900000 | PA      | $6288122.42   | 1.65%             | 2030-06-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Agco Corporation                                          | AGCO 5.8 03/21/34     | CUSIP: 001084AS1<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1001873.87   | 0.26%             | 2034-03-21      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Prologis, L.P.                                            | PLD 3 7/8 09/15/28    | CUSIP: 74340XBH3<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $986005.22    | 0.26%             | 2028-09-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy Resources Corp.                        | CNP 1 3/4 10/01/30    | CUSIP: 15189YAF3<br>LEI: 2JADVB0458J06WCD4N56 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $859296.84    | 0.22%             | 2030-10-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Entergy Corporation                                       | ETR 2.4 06/15/31      | CUSIP: 29364GAP8<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $871245.78    | 0.23%             | 2031-06-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Parker-Hannifin Corp.                                     | PH 3 1/4 03/01/27     | CUSIP: 701094AJ3<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $983313.82    | 0.26%             | 2027-03-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Entergy Arkansas LLC                                      | ETR 3 1/2 04/01/26    | CUSIP: 29364DAU4<br>LEI: 549300A0I5ONUIFMLP35 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $993128.90    | 0.26%             | 2026-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Coca-Cola Consolidated Inc                                | COKE 5 1/4 06/01/29   | CUSIP: 191098AM4<br>LEI: 57VG5X0E00X0QJU7CQ58 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1022424.71   | 0.27%             | 2029-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Diamondback Energy Inc                                    | FANG 3 1/4 12/01/26   | CUSIP: 25278XAM1<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $980576.41    | 0.26%             | 2026-12-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Conagra Brands Inc                                        | CAG 4.85 11/01/28     | CUSIP: 205887CC4<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1003910.45   | 0.26%             | 2028-11-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Baxter International, Inc.                                | BAX 1.915 02/01/27    | CUSIP: 071813CL1<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $956399.07    | 0.25%             | 2027-02-01      | Fixed         | 1.92%                 | No            |                  2 | On Loan: No      |
| Baxter International, Inc.                                | BAX 2.539 02/01/32    | CUSIP: 071813CS6<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $856734.39    | 0.22%             | 2032-02-01      | Fixed         | 2.54%                 | No            |                  2 | On Loan: No      |
| NiSource Inc.                                             | NI 5.4 06/30/33       | CUSIP: 65473PAP0<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1006040.84   | 0.26%             | 2033-06-30      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Dover Corporation                                         | DOV 3.15 11/15/25     | CUSIP: 260003AM0<br>LEI: 549300FMC2ALGA7N9E80 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $993669.85    | 0.26%             | 2025-11-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Amphenol Corporation                                      | APH 4.35 06/01/29     | CUSIP: 032095AH4<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |   6900000 | PA      | $6890428.25   | 1.80%             | 2029-06-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Republic Services, Inc.                                   | RSG 3.95 05/15/28     | CUSIP: 760759AT7<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |   6900000 | PA      | $6832889.22   | 1.79%             | 2028-05-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan, Inc.                                       | KMI 4.3 06/01/25      | CUSIP: 49456BAF8<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1000000.00   | 0.26%             | 2025-06-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Continental Resources, Inc.                               | CLR 4 3/8 01/15/28    | CUSIP: 212015AS0<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $978046.24    | 0.26%             | 2028-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Steel Dynamics, Inc.                                      | STLD 3.45 04/15/30    | CUSIP: 858119BK5<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $939503.96    | 0.25%             | 2030-04-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Invitation Homes Operating Partnership Lp                 | INVH 2 08/15/31       | CUSIP: 46188BAA0<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $836426.94    | 0.22%             | 2031-08-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Juniper Networks, Inc.                                    | JNPR 3 3/4 08/15/29   | CUSIP: 48203RAM6<br>LEI: AUHIXNGG7U2U7JEHM527 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $963891.32    | 0.25%             | 2029-08-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Roper Technologies Inc                                    | ROP 2 06/30/30        | CUSIP: 776743AJ5<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $878668.96    | 0.23%             | 2030-06-30      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Caterpillar Financial Services Corp.                      | CAT 0.9 03/02/26      | CUSIP: 14913R2K2<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $975066.37    | 0.26%             | 2026-03-02      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| Atmos Energy Corp.                                        | ATO 5.9 11/15/33      | CUSIP: 049560AZ8<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1055449.78   | 0.28%             | 2033-11-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Equifax Inc.                                              | EFX 2.6 12/15/25      | CUSIP: 294429AR6<br>LEI: 5493004MCF8JDC86VS77 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $989941.19    | 0.26%             | 2025-12-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-27

**Name of Applicant:** Northern Lights Fund Trust IV

**Signature:** Sam Singh

**Name of Signer:** Sam Singh

**Title:** Treasurer