# EDGAR Filing Document

**Accession Number:** 0000810893
**File Stem:** 0001099263-25-004415
**Filing Date:** 2025-11
**Character Count:** 365132
**Document Hash:** 48f4b1d345ef263d2abf4dbd33352a64
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001099263-25-004415.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0001099263-25-004415

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251126

**DATE AS OF CHANGE**: 20251126

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PIMCO FUNDS
- **CENTRAL INDEX KEY:** 0000810893

**ORGANIZATION NAME:**
- **EIN:** 952632339
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05028
- **FILM NUMBER:** 251528219

**BUSINESS ADDRESS:**
- **STREET 1:** 650 NEWPORT CENTER DRIVE
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660
- **BUSINESS PHONE:** 949-720-6000

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

## Series and Classes Contracts Data

### PIMCO StocksPLUS Fund (Series ID: S000009704)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000026630 | Institutional | PSTKX           |
| C000026632 | A             | PSPAX           |
| C000026634 | C             | PSPCX           |
| C000026636 | R             | PSPRX           |
| C000064152 | I-2           | PSKPX           |
| C000200449 | I-3           | PSTNX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** PIMCO Funds

- **b. Investment Company Act file number:** 811-05028

- **c. CIK number of Registrant:** 0000810893

- **d. LEI of Registrant:** 5493003B5Y5GR0Y25Y76

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

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

  - **City:** Newport Beach

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 92660

  - **Telephone number:** (888) 877-4626

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

- **a. Name of Series:** PIMCO StocksPLUS Fund

- **b. EDGAR series identifier (if any):** S000009704

- **c. LEI of Series:** C0FSZ71JI1IAVNM4U731

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

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

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $4517431921.20

**Total Liabilities:** $1808825423.83

**Net Assets:** $2708606497.37

**Delayed Delivery Securities:** $6700000.00

**Cash Not Reported:** $64702267.88

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 189230.687100 | **1-Year:** 330078.202400 | **5-Year:** 139381.952400 | **10-Year:** -1768.468900 | **30-Year:** 0.000000

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

- **3-Month:** 4452.263500 | **1-Year:** 8286.091300 | **5-Year:** 16150.867500 | **10-Year:** 613.541300 | **30-Year:** 0.000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000026632 | 2.23%                | 2.18%                | 3.63%                |
| Class ID C000026634 | 2.14%                | 2.19%                | 3.55%                |
| Class ID C000064152 | 2.19%                | 2.22%                | 3.64%                |
| Class ID C000200449 | 2.20%                | 2.23%                | 3.63%                |
| Class ID C000026636 | 2.10%                | 2.22%                | 3.66%                |
| Class ID C000026630 | 2.18%                | 2.28%                | 3.63%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2252188.06              | $-8764424.94                               |
| Month 2  | $9350779.27              | $6073780.03                                |
| Month 3  | $4522701.33              | $669551.65                                 |

**Designated Index Information**

- **Index Name:** S&P 500 Index

- **Index Identifier:** SPTR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| N/A                                                                     | IRS PLN 4.13600 09/30/25-4Y* CME                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | PL        |          1 | NC      | $31854.51     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC STRUCTURED PASS THRU SEC T-59                                     | FHLMC STRUCTURED PASS THROUGH FSPC T 59 1A1             | CUSIP: 31394PPQ0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     283601 | PA      | $291980.55    | 0.01%             | 2043-10-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-88                                               | FANNIE MAE FNR 2025 88 FM                               | CUSIP: 3136BXZK3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    2100000 | PA      | $2103745.56   | 0.08%             | 2055-08-25      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| HARVEST CLO XVI DAC 16A                                                 | HARVEST CLO HARVT 16A ARR 144A                          | CUSIP: ACI1VVSJ9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |     300591 | PA      | $353207.60    | 0.01%             | 2031-10-15      | Floating      | 2.67%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT KRW SOLD USD 20251022                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KR        |          1 | NC      | $-228.76      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ASSET BACKED SEC HOME EQTY LN 2004-HE2                                  | ASSET BACKED SECURITIES CORP H ABSHE 2004 HE2 M1        | CUSIP: 04541GHW5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     900895 | PA      | $955478.55    | 0.04%             | 2034-04-25      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| ALIMENTATION COUCHE-TARD INC                                            | ALIMENTATION COUCHE TARD INC 10/25 ZCP                  | CUSIP: 01626UX26<br>LEI: 549300OSW32RVX8CCZ87 | Long             | DBT              | CORP              | CA        |   11100000 | PA      | $11097353.76  | 0.41%             | 2025-10-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MF1 2024-FL14 LLC                                                       | MF1 MULTIFAMILY HOUSING MORTGA MF1 2024 FL14 A 144A     | CUSIP: 55416AAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     900000 | PA      | $904356.77    | 0.03%             | 2039-03-19      | Floating      | 5.87%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE 2003-25                                                      | FANNIE MAE FNR 2003 25 KP                               | CUSIP: 31393APU5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      57123 | PA      | $57047.20     | 0.00%             | 2033-04-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SPTR TRS EQUITY SOFR+60 RBC                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |          1 | NC      | $35029.32     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                    | GNMA II POOL 080092 G2 07/27 FLOATING VAR               | CUSIP: 36225CC61<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      10726 | PA      | $10708.43     | 0.00%             | 2027-07-20      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5565                                                 | FREDDIE MAC FHR 5565 FB                                 | CUSIP: 3137HMGK0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   10420151 | PA      | $10427981.29  | 0.38%             | 2055-08-25      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| RAMP TRUST 2006-RZ5                                                     | RESIDENTIAL ASSET MORTGAGE PRO RAMP 2006 RZ5 M1         | CUSIP: 749239AF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4711200 | PA      | $4209978.60   | 0.16%             | 2046-08-25      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD BRL BOUGHT USD 20260402                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-73863.23    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLUB CAPITAL PARTNERS CLO 50B LTD                                      | GOLUB CAPITAL PARTNERS CLO, LT GCBSL 2020 50A A1R2 144A | CUSIP: 38178DAN7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |    1400000 | PA      | $1404791.25   | 0.05%             | 2035-04-20      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                    | GNMA II TBA 30 YR 5 JUMBOS                              | CUSIP: 21H0506B3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   23664000 | PA      | $23510785.78  | 0.87%             | 2054-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GREENSKY HOME IMPROVEMENT TRUST 2024-2                                  | GREENSKY HOME IMPROVEMENT ISSU GSKY 2024 2 A3 144A      | CUSIP: 39571XAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2000000 | PA      | $2028865.60   | 0.07%             | 2059-10-27      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD AUD BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | AU        |          1 | NC      | $-2493.86     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD PLN BOUGHT USD 20251022                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PL        |          1 | NC      | $99.87        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | EURO-SCHATZ FUT   DEC25 XEUR 20251208                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | DE        |       -303 | NC      | $43639.67     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                           | FORD MOTOR CREDIT CO LLC SR UNSECURED 11/25 3.375       | CUSIP: 345397B28<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     600000 | PA      | $598919.78    | 0.02%             | 2025-11-13      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT BRL SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $2225.17      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                    | GNMA II POOL 008830 G2 03/26 FLOATING VAR               | CUSIP: 36202KY33<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       1119 | PA      | $1117.68      | 0.00%             | 2026-03-20      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD BRL BOUGHT USD 20260402                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-31512.16    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| EQT CORPORATION                                                         | EQT CORP SR UNSECURED 144A 05/26 3.125                  | CUSIP: 26884LAM1<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |     865000 | PA      | $857246.80    | 0.03%             | 2026-05-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| DRYDEN 95 CLO LTD                                                       | DRYDEN SENIOR LOAN FUND DRSLF 2021 95A AR 144A          | CUSIP: 262487AJ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    3800000 | PA      | $3803551.33   | 0.14%             | 2034-08-20      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT CNH SOLD USD 20251016                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $-16.29       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST 2025-DSC2                | MORGAN STANLEY RESIDENTIAL MOR MSRM 2025 DSC2 A1 144A   | CUSIP: 61778XAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5263654 | PA      | $5305624.88   | 0.20%             | 2070-07-25      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS  STRUC PROD INC 2007-R6                                    | BEAR STEARNS STRUCTURED PRODUC BSSP 2007 R6 1A1         | CUSIP: 07402FAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     139115 | PA      | $98607.63     | 0.00%             | 2036-01-26      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| ACE SECURITIES CORP 2006-HE4                                            | ACE SECURITIES CORP. ACE 2006 HE4 A2C                   | CUSIP: 00442BAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2760336 | PA      | $1075813.17   | 0.04%             | 2036-10-25      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| BAIN CAPITAL CREDIT CLO 2022-3 LTD                                      | BAIN CAPITAL CREDIT CLO, LIMIT BCC 2022 3A A1R 144A     | CUSIP: 05684NAL5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |    6800000 | PA      | $6825069.70   | 0.25%             | 2035-07-17      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMERICAN PIPELINE LP / PAA FINANCE CORP                      | PLAINS ALL AMER PIPELINE SR UNSECURED 01/31 4.7         | CUSIP: 72650RBR2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2700000 | PA      | $2706820.01   | 0.10%             | 2031-01-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HOLDINGS PLC                                         | SANTANDER UK GROUP HLDGS SR UNSECURED 11/26 VAR         | CUSIP: 80281LAS4<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |    8900000 | PA      | $8926668.94   | 0.33%             | 2026-11-21      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT TRUST 2024-1                                             | PAGAYA AI DEBT SELECTION TRUST PAID 2024 1 A 144A       | CUSIP: 69548AAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3013679 | PA      | $3033780.68   | 0.11%             | 2031-07-15      | Fixed         | 6.66%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT BRL SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $150966.90    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT KRW SOLD USD 20251022                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KR        |          1 | NC      | $-27349.69    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JP MORGAN SEASONED MORTGAGE TRUST 2024-1                                | JP MORGAN SEASONED MORTGAGE TR JPSMT 2024 1 A3 144A     | CUSIP: 61777HAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3700800 | PA      | $3564993.84   | 0.13%             | 2063-01-25      | Variable      | 4.41%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | CAN 5YR BOND FUT  DEC25 XMOD 20251218                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | CA        |       1498 | NC      | $1573423.63   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| BAIN CAPITAL CREDIT CLO 2020-2 LTD                                      | BAIN CAPITAL CREDIT CLO, LIMIT BCC 2020 2A ARR 144A     | CUSIP: 05683EAW2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    5500000 | PA      | $5507700.00   | 0.20%             | 2034-07-19      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| STRUCTURED ARM LOAN TRUST 2005-19XS                                     | STRUCTURED ADJUSTABLE RATE MOR SARM 2005 19XS 1A1       | CUSIP: 863579YR3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1152578 | PA      | $1112649.72   | 0.04%             | 2035-10-25      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SPTR TRS EQUITY SOFR+62.5 RBC                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |          1 | NC      | $320185.81    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5505                                                 | FREDDIE MAC FHR 5505 AF                                 | CUSIP: 3137HJ6H5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1087220 | PA      | $1071431.02   | 0.04%             | 2050-03-15      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT JPY SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |          1 | NC      | $-50594.58    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFR USD SOFR/3.75000 09/17/25-5Y LCH                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $-373243.39   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2021-D                                 | SMB PRIVATE EDUCATION LOAN TRU SMB 2021 D A1A 144A      | CUSIP: 78449MAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4321397 | PA      | $4073567.02   | 0.15%             | 2053-03-17      | Fixed         | 1.34%                 | No            |                  2 | On Loan: No      |
| SANTANDER DRIVE AUTO RECEIVABLES TRUST 2025-3                           | SANTANDER DRIVE AUTO RECEIVABL SDART 2025 3 A2          | CUSIP: 80288JAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    6400000 | PA      | $6421205.76   | 0.24%             | 2028-10-16      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST 2021-NQ2R                           | NEW RESIDENTIAL MORTGAGE LOAN NRZT 2021 NQ2R A3 144A    | CUSIP: 64831EAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      79299 | PA      | $75723.42     | 0.00%             | 2058-10-25      | Variable      | 1.35%                 | No            |                  2 | On Loan: No      |
| NELNET STUDENT LOAN TRUST 2025-CA                                       | NELNET STUDENT LOAN TRUST NSLT 2025 CA A1A 144A         | CUSIP: 64035UAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   12700000 | PA      | $12668622.11  | 0.47%             | 2065-06-22      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD BRL BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-117112.65   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS BANK USA/NEW YORK BRANCH                                  | GOLDMAN SACHS BANK USA SR UNSECURED 03/27 VAR           | CUSIP: 38151LAE0<br>LEI: KD3XUN7C6T14HNAYLU02 | Long             | DBT              | CORP              | US        |   15200000 | PA      | $15236370.41  | 0.56%             | 2027-03-18      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                   | FED HM LN PC POOL C91175 FG 05/28 FIXED 5               | CUSIP: 3128P7JU8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       1106 | PA      | $1115.60      | 0.00%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LONG BEACH MTGE LOAN TRUST 2001-1                                       | LONG BEACH MORTGAGE LOAN TRUST LBMLT 2001 1 A1          | CUSIP: 542514AJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2099265 | PA      | $2061487.48   | 0.08%             | 2031-04-21      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                      | TREASURY BILL 12/25 0.00000                             | CUSIP: 912797QY6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     325000 | PA      | $322535.46    | 0.01%             | 2025-12-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                 | HCA INC COMPANY GUAR 09/26 5.375                        | CUSIP: 404121AH8<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    1819000 | PA      | $1827090.18   | 0.07%             | 2026-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFR USD SOFR/3.00000 03/19/25-5Y CME                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $1723640.36   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SPTR TRS EQUITY SOFR+45 CIB                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |          1 | NC      | $1956198.22   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2018-3                                        | TOWD POINT MORTGAGE TRUST TPMT 2018 3 A1 144A           | CUSIP: 89175MAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3016927 | PA      | $2971949.87   | 0.11%             | 2058-05-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| STRATTON MORTGAGE FUNDING 2024-1 PLC 24-1A                              | STRATTON MORTGAGE FUNDING PLC STRA 2024 1A A 144A       | CUSIP: ACI2MKRM5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | GB        |    1542513 | PA      | $2078062.48   | 0.08%             | 2060-06-20      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| WASHINGTON MUTUAL 2002-AR17                                             | WAMU MORTGAGE PASS THROUGH CER WAMU 2002 AR17 1A        | CUSIP: 929227XB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      11114 | PA      | $10703.21     | 0.00%             | 2042-11-25      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE 2007-14                                                      | FANNIE MAE FNR 2007 14 FB                               | CUSIP: 31396PZU8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       5217 | PA      | $5146.56      | 0.00%             | 2037-03-25      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5589                                                 | FREDDIE MAC FHR 5589 FB                                 | CUSIP: 3137HNFP8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   11600000 | PA      | $11626636.50  | 0.43%             | 2055-10-25      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2018-B                                 | SMB PRIVATE EDUCATION LOAN TRU SMB 2018 B A2B 144A      | CUSIP: 78449LAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1808365 | PA      | $1806323.10   | 0.07%             | 2037-01-15      | Floating      | 4.98%                 | No            |                  2 | On Loan: No      |
| GLS AUTO SELECT RECEIVABLES TRUST 2024-1                                | GLS AUTO SELECT RECEIVABLES TR GSAR 2024 1A A2 144A     | CUSIP: 37988XAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     273232 | PA      | $275304.34    | 0.01%             | 2030-03-15      | Fixed         | 5.24%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5557                                                 | FREDDIE MAC FHR 5557 FM                                 | CUSIP: 3137HLZ21<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1354357 | PA      | $1357780.44   | 0.05%             | 2055-07-25      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-66                                               | FANNIE MAE FNR 2025 66 FK                               | CUSIP: 3136BWYL4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    5570120 | PA      | $5597247.12   | 0.21%             | 2055-08-25      | Floating      | 5.54%                 | No            |                  2 | On Loan: No      |
| VENTURE XXVII CLO LTD 2017-27A                                          | VENTURE CDO LTD VENTR 2017 27A AR 144A                  | CUSIP: 92331LBC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     153303 | PA      | $153387.05    | 0.01%             | 2030-07-20      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5573                                                 | FREDDIE MAC FHR 5573 FB                                 | CUSIP: 3137HMSG6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   11086403 | PA      | $11148526.99  | 0.41%             | 2055-09-25      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| WASHINGTON MUTUAL 2002 AR2                                              | WAMU MORTGAGE PASS THROUGH CER WAMU 2002 AR2 A          | CUSIP: 929227LE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      58364 | PA      | $56726.40     | 0.00%             | 2034-02-27      | Floating      | 4.20%                 | No            |                  2 | On Loan: No      |
| REACH ABS TRUST 2025-1A                                                 | REACH FINANCIAL LLC REACH 2025 1A A 144A                | CUSIP: 75525PAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     282463 | PA      | $283310.16    | 0.01%             | 2032-08-16      | Fixed         | 4.96%                 | No            |                  2 | On Loan: No      |
| SAMMONS FINANCIAL GROUP GLOBAL FUNDING                                  | SAMMONS FINANCIAL GLOBAL SECURED 144A 06/30 4.95        | CUSIP: 79587J2C6<br>LEI: 635400IPRNPM6HDHRS48 | Long             | DBT              | CORP              | US        |     200000 | PA      | $203049.23    | 0.01%             | 2030-06-12      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD BRL BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-61711.96    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD ZAR BOUGHT USD 20251009                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |          1 | NC      | $-186.47      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                      | TSY INFL IX N/B 07/34 1.875                             | CUSIP: 91282CLE9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    1338311 | PA      | $1358307.33   | 0.05%             | 2034-07-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| SEGOVIA EUROPEAN CLO 6-2019 DAC 19-6A                                   | SEGOVIA EUROPEAN CLO 6   2019 SEGOV 2019 6A AR 144A     | CUSIP: ACI1YTXT3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |     319918 | PA      | $375942.25    | 0.01%             | 2032-07-20      | Floating      | 2.90%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                  | CS AT1 CLAIMS US225401AJ72 CREDIT SUISSE GROUP AG       | CUSIP: 952NPG006<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | US        |     400000 | PA      | $52000.00     | 0.00%             | 2060-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                       | HSBC HOLDINGS PLC SR UNSECURED 03/31 VAR                | CUSIP: 404280EU9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    3900000 | PA      | $3931273.83   | 0.15%             | 2031-03-03      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                    | FNMA POOL AJ7493 FN 12/26 FIXED 3                       | CUSIP: 3138E0KF5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     204554 | PA      | $202840.32    | 0.01%             | 2026-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ALTERNATIVE LOAN TRUST 2006-OC3                             | COUNTRYWIDE ALTERNATIVE LOAN T CWALT 2006 OC3 1A1       | CUSIP: 021464AA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1237891 | PA      | $1166163.41   | 0.04%             | 2046-04-25      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| HYUNDAI AUTO RECEIVABLES TRUST 2023-B                                   | HYUNDAI AUTO RECEIVABLES TRUST HART 2023 B A3           | CUSIP: 44933XAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2190263 | PA      | $2206770.93   | 0.08%             | 2028-04-17      | Fixed         | 5.48%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                      | SOUTHERN CAL EDISON 1ST MORTGAGE 02/26 1.2              | CUSIP: 842400GV9<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     100000 | PA      | $98854.00     | 0.00%             | 2026-02-01      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2024-F                                 | SMB PRIVATE EDUCATION LOAN TRU SMB 2024 F A1A 144A      | CUSIP: 83207VAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1758630 | PA      | $1784808.63   | 0.07%             | 2054-03-16      | Fixed         | 5.06%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                    | FNMA POOL 065579 FN 07/28 FLOATING VAR                  | CUSIP: 31362M2L1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        562 | PA      | $556.52       | 0.00%             | 2028-07-01      | Floating      | 4.47%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                                                    | GLENCORE FUNDING LLC                                    | CUSIP: 37790AXG3<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    8400000 | PA      | $8383859.40   | 0.31%             | 2025-10-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5510                                                 | FREDDIE MAC FHR 5510 FA                                 | CUSIP: 3137HJMM6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     711366 | PA      | $714906.50    | 0.03%             | 2055-02-25      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| CAPITAL STREET MASTER TRUST 2025-1                                      | CAPITAL STREET MASTER TRUST CAPST 2025 1 A 144A         | CUSIP: 14051LAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    6000000 | PA      | $6006062.40   | 0.22%             | 2029-08-16      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                    | FNMA POOL 544861 FN 12/36 FLOATING VAR                  | CUSIP: 31385HJE3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       8725 | PA      | $8653.63      | 0.00%             | 2036-12-01      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT JPY SOLD USD 20251104                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |          1 | NC      | $42234.12     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP OF AMERICA FINANCE LLC                                 | VOLKSWAGEN GROUP AMERICA COMPANY GUAR 144A 09/28 4.55   | CUSIP: 928668CW0<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |    4900000 | PA      | $4916866.73   | 0.18%             | 2028-09-11      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                   | ATHENE GLOBAL FUNDING SECURED 144A 01/30 5.38           | CUSIP: 04685A4G3<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |     600000 | PA      | $619388.17    | 0.02%             | 2030-01-07      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2021-R3                                      | VERUS SECURITIZATION TRUST VERUS 2021 R3 A3 144A        | CUSIP: 92538EAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     212827 | PA      | $201821.63    | 0.01%             | 2064-04-25      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD TWD BOUGHT USD 20251020                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $268.20       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFR USD SOFR/3.75000 06/20/24-9Y CME                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $-95822.45    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD ZAR BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |          1 | NC      | $-1415.23     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                    | FNMA POOL BZ2582 FN 12/29 FIXED 4.3                     | CUSIP: 3140NW2Q7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    8820000 | PA      | $8900648.14   | 0.33%             | 2029-12-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| HEWLETT PACKARD ENTERPRISE COMPANY                                      | HP ENTERPRISE CO HP ENTERPRISE CO                       | CUSIP: 42824CBR9<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |    1100000 | PA      | $1104579.01   | 0.04%             | 2026-09-25      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD SGD BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |          1 | NC      | $222348.87    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL HOLDINGS INC                                     | NEXTERA ENERGY CAP HLDGS INC 10/25 ZCP                  | CUSIP: 65339MXL5<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    5100000 | PA      | $5087862.51   | 0.19%             | 2025-10-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| AREIT TRUST 2022-CRE6                                                   | AREIT CRE TRUST AREIT 2022 CRE6 A 144A                  | CUSIP: 04002VAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |    4606725 | PA      | $4609635.58   | 0.17%             | 2037-01-20      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| STRUCTURED ASSET MTG INV INC 2005-AR8                                   | STRUCTURED ASSET MORTGAGE INVE SAMI 2005 AR8 A1A        | CUSIP: 86359LRW1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      80261 | PA      | $67491.11     | 0.00%             | 2036-02-25      | Floating      | 4.83%                 | No            |                  2 | On Loan: No      |
| ARGENT SECURITIES INC 2004-W9                                           | ARGENT SECURITIES INC. ARSI 2004 W9 M1                  | CUSIP: 040104LB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     428237 | PA      | $439257.71    | 0.02%             | 2034-06-26      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| VOYA CLO 2017-3A                                                        | VOYA CLO LTD VOYA 2017 3A A1RR 144A                     | CUSIP: 92915QBG7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     900000 | PA      | $901154.93    | 0.03%             | 2034-04-20      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT CNH SOLD USD 20251016                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $-129.58      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-18                                               | FANNIE MAE FNR 2025 18 FM                               | CUSIP: 3136BVKH0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    4204898 | PA      | $4210754.62   | 0.16%             | 2054-09-25      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| AFC HOME EQUITY LOAN TR 1998-2                                          | AFC HOME EQUITY LOAN TRUST AFC 1998 2 2A                | CUSIP: 00105HDN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      25011 | PA      | $24693.89     | 0.00%             | 2028-06-25      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                   | FED HM LN PC POOL C91015 FG 12/26 FIXED 5               | CUSIP: 3128P7DU4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        847 | PA      | $847.49       | 0.00%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD TWD BOUGHT USD 20251020                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $564.06       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                    | FNMA POOL 844532 FN 11/35 FLOATING VAR                  | CUSIP: 31407YHH5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      25103 | PA      | $25556.45     | 0.00%             | 2035-11-01      | Floating      | 5.85%                 | No            |                  2 | On Loan: No      |
| RCKT MORTGAGE TRUST 2024-CES6                                           | WOODWARD CAPITAL MANAGEMENT RCKT 2024 CES6 A1A 144A     | CUSIP: 749410AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2044107 | PA      | $2052709.41   | 0.08%             | 2044-09-25      | Variable      | 5.34%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE FUNDING 2024 - GRANITE 6 PLC 24-GR6A                | TOWD POINT MORTGAGE FUNDING TPMF 2024 GR6A A1 144A      | CUSIP: ACI2NQX93<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | GB        |    4470051 | PA      | $6027059.15   | 0.22%             | 2053-07-20      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2016-H04                       | GOVERNMENT NATIONAL MORTGAGE A GNR 2016 H04 FB          | CUSIP: 38376RRA6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      80719 | PA      | $80931.75     | 0.00%             | 2066-01-20      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT JPY SOLD USD 20251104                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |          1 | NC      | $2591.58      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD PLN BOUGHT USD 20251022                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PL        |          1 | NC      | $-176.26      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SPTR TRS EQUITY FEDL01+72 CIB                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |          1 | NC      | $4485044.48   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT BRL SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $43597.84     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2010-109                                              | FANNIE MAE FNR 2010 109 N                               | CUSIP: 31398NRZ9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     369420 | PA      | $354825.48    | 0.01%             | 2040-10-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT CNH SOLD USD 20251016                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $-35.85       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CITIZENS AUTO RECEIVABLES TRUST 2024-1                                  | CITIZENS AUTO RECEIVABLES TRUS CITZN 2024 1 A3 144A     | CUSIP: 17331QAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1242911 | PA      | $1250159.00   | 0.05%             | 2028-04-17      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ASSET-BACKED CERT 2007-2                                    | COUNTRYWIDE ASSET BACKED CERTI CWL 2007 2 1A            | CUSIP: 12668NAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     224262 | PA      | $204880.70    | 0.01%             | 2037-08-25      | Floating      | 4.41%                 | No            |                  2 | On Loan: No      |
| RECETTE CLO LTD 2015-1A                                                 | RECETTE CLO LLC RCTTE 2015 1A ARR 144A                  | CUSIP: 75620TAW8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    4050000 | PA      | $4056075.00   | 0.15%             | 2034-04-20      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                    | GNMA II POOL 008865 G2 05/26 FLOATING VAR               | CUSIP: 36202KZ65<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       1107 | PA      | $1107.62      | 0.00%             | 2026-05-20      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFR GBP SONIO/3.75000 09/17/25-5Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | GB        |          1 | NC      | $-224195.72   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| HPS CORPORATE LENDING FUND                                              | HPS CORPORATE LENDING FU SR UNSECURED 01/28 5.45        | CUSIP: 40440VAH8<br>LEI: 549300ZS7IHUA6FKFV61 | Long             | DBT              | CORP              | US        |    4400000 | PA      | $4440904.42   | 0.16%             | 2028-01-14      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| FIRST FRANKLIN MTG LOAN ABS 2006-FF11                                   | FIRST FRANKLIN MTG LOAN ASSET FFML 2006 FF11 2A3        | CUSIP: 32028PAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1624226 | PA      | $1583090.19   | 0.06%             | 2036-08-25      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| CONSUMER PORTFOLIO SERVICES AUTO TRUST 2025-C                           | CPS AUTO TRUST CPS 2025 C A 144A                        | CUSIP: 12634SAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     883919 | PA      | $886355.74    | 0.03%             | 2029-03-15      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5517                                                 | FREDDIE MAC FHR 5517 FE                                 | CUSIP: 3137HKGJ7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    6507999 | PA      | $6479710.45   | 0.24%             | 2055-03-25      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                    | FNMA POOL 544860 FN 09/34 FLOATING VAR                  | CUSIP: 31385HJD5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       6921 | PA      | $6862.13      | 0.00%             | 2034-09-01      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY ABS CAPITAL I 2004-WMC2                                  | MORGAN STANLEY CAPITAL INC MSAC 2004 WMC2 M1            | CUSIP: 61746RHS3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     505372 | PA      | $511581.68    | 0.02%             | 2034-07-25      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2016-H07                       | GOVERNMENT NATIONAL MORTGAGE A GNR 2016 H07 FM          | CUSIP: 38376RRJ7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        208 | PA      | $209.02       | 0.00%             | 2066-02-20      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD BRL BOUGHT USD 20260402                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-44411.32    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE 2007-65                                                      | FANNIE MAE FNR 2007 65 KF                               | CUSIP: 31396WLX2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      35036 | PA      | $34718.17     | 0.00%             | 2037-07-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD TWD BOUGHT USD 20251020                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $619.38       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                | LLOYDS BANKING GROUP PLC SR UNSECURED 08/28 4.55        | CUSIP: 539439AT6<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |     700000 | PA      | $707334.73    | 0.03%             | 2028-08-16      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE 2009-99                                                      | FANNIE MAE FNR 2009 99 FC                               | CUSIP: 31398F4R9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      42094 | PA      | $42358.47     | 0.00%             | 2039-12-25      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| F&G GLOBAL FUNDING                                                      | F+G GLOBAL FUNDING SR SECURED 144A 09/28 2              | CUSIP: 30321L2C5<br>LEI: 6354009CCUKJIZ7KFX73 | Long             | DBT              | CORP              | US        |     600000 | PA      | $558108.62    | 0.02%             | 2028-09-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD TWD BOUGHT USD 20251215                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $66.28        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LONG BEACH MTGE LOAN TRUST 2004-4                                       | LONG BEACH MORTGAGE LOAN TRUST LBMLT 2004 4 1A1         | CUSIP: 542514HN7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      42708 | PA      | $42327.92     | 0.00%             | 2034-10-25      | Floating      | 4.83%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY ABS CAPITAL I 2006-HE8                                   | MORGAN STANLEY CAPITAL INC MSAC 2006 HE8 A1             | CUSIP: 61750SAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      71437 | PA      | $63852.29     | 0.00%             | 2036-10-25      | Floating      | 4.40%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST 2021-RPL1                           | GS MORTGAGE BACKED SECURITIES GSMBS 2021 RPL1 A1 144A   | CUSIP: 36261WAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1671647 | PA      | $1573213.90   | 0.06%             | 2060-12-25      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT BRL SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $2522.15      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD TWD BOUGHT USD 20251020                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $543.85       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PRPM 2024-RCF3 LLC                                                      | PRP ADVISORS, LLC PRPM 2024 RCF3 A1 144A                | CUSIP: 74390BAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1762223 | PA      | $1741583.01   | 0.06%             | 2054-05-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC 3355                                                        | FREDDIE MAC FHR 3355 BF                                 | CUSIP: 31397KC90<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     595716 | PA      | $596560.31    | 0.02%             | 2037-08-15      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE ALT-A SECURITIES MORTGAGE LOAN TRUST SERIES 2006-AR2           | DEUTSCHE ALT A SECURITIES INC DBALT 2006 AR2 1A1        | CUSIP: 251508AA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1942392 | PA      | $1844737.03   | 0.07%             | 2036-05-25      | Floating      | 4.51%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC                                                        | BERRY GLOBAL INC SR SECURED 144A 07/26 4.875            | CUSIP: 085770AA3<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |    1700000 | PA      | $1700283.03   | 0.06%             | 2026-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT TRUST 2025-1                                             | PAGAYA AI DEBT SELECTION TRUST PAID 2025 1 A2 144A      | CUSIP: 69544NAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     672843 | PA      | $679223.02    | 0.03%             | 2032-07-15      | Fixed         | 5.16%                 | No            |                  2 | On Loan: No      |
| MF1 MULTIFAMILY HOUSING MORTGAGE LOAN TRUST 2025-FL20 LLC               | MF1 MULTIFAMILY HOUSING MORTGA MF1 2025 FL20 A 144A     | CUSIP: 59319CAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1050000 | PA      | $1052097.91   | 0.04%             | 2043-02-18      | Floating      | 5.59%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                      | TSY INFL IX N/B 02/54 2.125                             | CUSIP: 912810TY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    6767896 | PA      | $6254007.75   | 0.23%             | 2054-02-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| ASHFORD HOSPITALITY TRUST 2018-ASHF                                     | ASHFORD HOSPITALITY TRUST AHT1 2018 ASHF A 144A         | CUSIP: 04410RAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6316751 | PA      | $6313385.98   | 0.23%             | 2035-04-15      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| SOUTH AFRICA GOVT                                                       | REPUBLIC OF SOUTH AFRICA SR UNSECURED 01/30 8           | CUSIP: ACI0725J7<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |  243600000 | PA      | $14156446.55  | 0.52%             | 2030-01-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                    | FNMA POOL 086654 FN 08/29 FLOATING VAR                  | CUSIP: 31363EH73<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        199 | PA      | $199.66       | 0.00%             | 2029-08-01      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SPTR TRS EQUITY FEDL01+71 *BULLET* TOR                  | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |          1 | NC      | $59868795.74  | 2.21%             |  |  |  | No            |                  2 | On Loan: No      |
| CROSS 2024-H4 MORTGAGE TRUST                                            | CROSS MORTGAGE TRUST CROSS 2024 H4 A1 144A              | CUSIP: 22758HAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1287842 | PA      | $1305348.26   | 0.05%             | 2069-07-25      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5410                                                 | FREDDIE MAC FHR 5410 FB                                 | CUSIP: 3137HCUC4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    6085410 | PA      | $6127534.88   | 0.23%             | 2054-05-25      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT THB SOLD USD 20251020                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TH        |          1 | NC      | $-106.86      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PRPM 2025-4A LLC                                                        | RESEARCH DRIVEN PAGAYA MOTOR A RPM 2025 4A A1 144A      | CUSIP: 76089MAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2000000 | PA      | $2001696.20   | 0.07%             | 2026-07-27      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| HOME PARTNERS OF AMERICA TRUST 2021-2                                   | HOME PARTNERS OF AMERICA TRUST HPA 2021 2 A 144A        | CUSIP: 43732VAT3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     706668 | PA      | $686531.05    | 0.03%             | 2026-12-17      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| CARVANA AUTO RECEIVABLES TRUST 2024-P2                                  | CARVANA AUTO RECEIVABLES TRUST CRVNA 2024 P2 A2         | CUSIP: 14688PAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     369343 | PA      | $369566.98    | 0.01%             | 2027-11-10      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD                                             | ROYAL CARIBBEAN CRUISES SR UNSECURED 144A 04/28 5.5     | CUSIP: 780153BG6<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    6100000 | PA      | $6219949.97   | 0.23%             | 2028-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CONSUMER PORTFOLIO SERVICES AUTO TRUST 2025-C                           | CPS AUTO TRUST CPS 2025 C B 144A                        | CUSIP: 12634SAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   12000000 | PA      | $12081973.20  | 0.45%             | 2029-12-17      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                           | BOEING CO SR UNSECURED 02/26 2.75                       | CUSIP: 097023DA0<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    7500000 | PA      | $7458109.28   | 0.28%             | 2026-02-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                           | FORD MOTOR CREDIT CO LLC SR UNSECURED 11/27 3.815       | CUSIP: 345397YT4<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     300000 | PA      | $292711.62    | 0.01%             | 2027-11-02      | Fixed         | 3.81%                 | No            |                  2 | On Loan: No      |
| GREENSKY HOME IMPROVEMENT TRUST 2024-2                                  | GREENSKY HOME IMPROVEMENT ISSU GSKY 2024 2 A2 144A      | CUSIP: 39571XAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     416326 | PA      | $417622.54    | 0.02%             | 2059-10-27      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                    | FNMA POOL BM7576 FN 09/29 VARIABLE                      | CUSIP: 3140JCM27<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   10220978 | PA      | $10382854.83  | 0.38%             | 2029-09-01      | Variable      | 4.53%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                    | FNMA POOL BJ3996 FN 02/48 FIXED 3.5                     | CUSIP: 3140H5NN7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     105902 | PA      | $98747.69     | 0.00%             | 2048-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                    | FNMA POOL 535439 FN 08/30 FIXED VAR                     | CUSIP: 31384VZC9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        141 | PA      | $143.57       | 0.00%             | 2030-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5500                                                 | FREDDIE MAC FHR 5500 QF                                 | CUSIP: 3137HJBW6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     660967 | PA      | $664642.86    | 0.02%             | 2054-09-25      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT BRL SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $41657.23     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD ZAR BOUGHT USD 20251120                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |          1 | NC      | $-32683.13    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BPCE SA                                                                 | BPCE SA SR UNSECURED 144A 01/27 VAR                     | CUSIP: 05583JAN2<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    5300000 | PA      | $5320275.20   | 0.20%             | 2027-01-18      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                       | NATWEST GROUP PLC SR UNSECURED 06/27 VAR                | CUSIP: 639057AC2<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    1000000 | PA      | $981317.08    | 0.04%             | 2027-06-14      | Floating      | 1.64%                 | No            |                  2 | On Loan: No      |
| STELLANTIS FINANCIAL SERVICES US CORP                                   | STELLANTIS FINANCIAL SER SR UNSECURED 144A 09/28 4.95   | CUSIP: 85855FAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7100000 | PA      | $7099304.70   | 0.26%             | 2028-09-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| FORTIS INC/CANADA                                                       | FORTIS INC SR UNSECURED 10/26 3.055                     | CUSIP: 349553AM9<br>LEI: 549300MQYQ9Y065XPR71 | Long             | DBT              | CORP              | CA        |    4500000 | PA      | $4449515.27   | 0.16%             | 2026-10-04      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                   | FED HM LN PC POOL G04614 FG 02/34 FIXED 6               | CUSIP: 3128M6N79<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      81953 | PA      | $85010.85     | 0.00%             | 2034-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD PLN BOUGHT USD 20251015                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PL        |          1 | NC      | $-28891.91    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BEAR STEARNS ALT-A TRUST 2006-6                                         | BEAR STEARNS ALT A TRUST BALTA 2006 6 31A1              | CUSIP: 073868AV3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2782853 | PA      | $1582587.56   | 0.06%             | 2036-11-25      | Floating      | 4.47%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                 | HYUNDAI CAPITAL AMERICA SR UNSECURED 144A 09/28 VAR     | CUSIP: 44891AEB9<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |     500000 | PA      | $501888.32    | 0.02%             | 2028-09-18      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| MASTR ADJUSTABLE RATE MORTGAGES TRUST 2006-OA2                          | MASTR ADJUSTABLE RATE MORTGAGE MARM 2006 OA2 1A1        | CUSIP: 55275NAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3087836 | PA      | $2335295.37   | 0.09%             | 2046-12-25      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SPTR TRS EQUITY FEDL01+76 CIB                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |          1 | NC      | $263920.01    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD ZAR BOUGHT USD 20251120                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |          1 | NC      | $-39042.98    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                    | FNMA TBA 30 YR 6.5 SINGLE FAMILY MORTGAGE               | CUSIP: 01F0626B2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  223146513 | PA      | $230761581.89 | 8.52%             | 2054-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SPTR TRS EQUITY SOFR+50 TOR                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |          1 | NC      | $833136.33    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD BRL BOUGHT USD 20260402                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-12597.26    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT GRANTOR TRUST 2024-5                                     | PAGAYA AI DEBT SELECTION TRUST PAID 2024 5 A 144A       | CUSIP: 69544LAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     607453 | PA      | $612863.46    | 0.02%             | 2031-10-15      | Fixed         | 6.28%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD ZAR BOUGHT USD 20251120                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |          1 | NC      | $-38162.86    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC 3360                                                        | FREDDIE MAC FHR 3360 FB                                 | CUSIP: 31397KE23<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     269573 | PA      | $269723.55    | 0.01%             | 2037-08-15      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| GLS AUTO RECEIVABLES ISSUER TRUST 2024-4A                               | GLS AUTO RECEIVABLES TRUST GCAR 2024 4A A3 144A         | CUSIP: 36270YAE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2300000 | PA      | $2308430.88   | 0.09%             | 2028-07-17      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT GRANTOR TRUST 2024-7                                     | PAGAYA AI DEBT SELECTION TRUST PAID 2024 7 A 144A       | CUSIP: 69545AAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     858316 | PA      | $865761.68    | 0.03%             | 2031-12-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                           | FORD MOTOR CREDIT CO LLC FORD MOTOR CREDIT CO LLC       | CUSIP: 345397F81<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    3100000 | PA      | $3111210.38   | 0.11%             | 2026-11-05      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SPTR TRS EQUITY SOFR+44 RBC                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |          1 | NC      | $159891.21    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIGROUP MORTGAGE LOAN TRUST 2007-FS1                                  | CITIGROUP MORTGAGE LOAN TRUST CMLTI 2007 FS1 1A1 144A   | CUSIP: 17313EAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     107046 | PA      | $103695.30    | 0.00%             | 2037-10-25      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5495                                                 | FREDDIE MAC FHR 5495 AF                                 | CUSIP: 3137HJ2H9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    2625397 | PA      | $2636187.50   | 0.10%             | 2055-01-25      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORPORATION                                                   | AIR LEASE CORP DISC COML PAPER 10/25 ZCP                | CUSIP: 00913WXA8<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    1200000 | PA      | $1198491.72   | 0.04%             | 2025-10-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PRPM 2025-6 LLC                                                         | PRP ADVISORS, LLC PRPM 2025 6 A1 144A                   | CUSIP: 69395KAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2762153 | PA      | $2767094.43   | 0.10%             | 2028-08-25      | Variable      | 5.77%                 | No            |                  2 | On Loan: No      |
| FCCU AUTO RECEIVABLES TRUST 2025-1A                                     | FCCU AUTO RECEIVABLES TRUST FCCU 2025 1A A2 144A        | CUSIP: 31424YAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    6649030 | PA      | $6672165.03   | 0.25%             | 2029-01-16      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                           | FORD MOTOR CREDIT CO LLC SR UNSECURED 08/26 2.7         | CUSIP: 345397B77<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    4390000 | PA      | $4320283.99   | 0.16%             | 2026-08-10      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| PALMER SQUARE EUROPEAN LOAN FUNDING 2024-2 DESIGNATED ACTIVITY CO 24-2A | PALMER SQUARE EUROPEAN LOAN FU PSTET 2024 2A A 144A     | CUSIP: ACI2Q3MV4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |    1216739 | PA      | $1426653.63   | 0.05%             | 2034-05-15      | Floating      | 3.03%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD MXN BOUGHT USD 20251217                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | MX        |          1 | NC      | $-1801.66     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                    | GNMA II POOL 080086 G2 06/27 FLOATING VAR               | CUSIP: 36225CCY0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        439 | PA      | $441.25       | 0.00%             | 2027-06-20      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| CAPITAL FOUR CLO X DAC 10A                                              | CAPITAL FOUR CLO CFOUR 10A A 144A                       | CUSIP: ACI2ZN408<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |    1000000 | PA      | $1175943.23   | 0.04%             | 2038-10-25      | Floating      | 3.28%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                    | GNMA II TBA 30 YR 5.5 JUMBOS                            | CUSIP: 21H0526A1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   10000000 | PA      | $10075985.30  | 0.37%             | 2054-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| REACH ABS TRUST 2025-2A                                                 | REACH FINANCIAL LLC REACH 2025 2A B 144A                | CUSIP: 75525QAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3400000 | PA      | $3429686.08   | 0.13%             | 2032-08-18      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT JPY SOLD USD 20251104                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |          1 | NC      | $1108.10      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT THB SOLD USD 20251020                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TH        |          1 | NC      | $-120.28      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| STRUCTURED ADJUSTABLE RT MTGE LN 2005-18                                | STRUCTURED ADJUSTABLE RATE MOR SARM 2005 18 6A1         | CUSIP: 863579XK9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     204514 | PA      | $183654.93    | 0.01%             | 2035-09-25      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | S+P500 EMINI FUT  DEC25 XCME 20251219                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |       2102 | NC      | $8393565.09   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| GSR MORTGAGE LOAN TRUST 2004-2F                                         | GSR MORTGAGE LOAN TRUST GSR 2004 2F 7A1                 | CUSIP: 36229RLL1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |        936 | PA      | $928.50       | 0.00%             | 2034-01-25      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| SCCU AUTO RECEIVABLES TRUST 2024-1A                                     | SPACE COAST CREDIT UNION SCCU 2024 1A A2 144A           | CUSIP: 78436RAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     104987 | PA      | $105163.53    | 0.00%             | 2027-12-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| CARMAX AUTO OWNER TRUST 2024-3                                          | CARMAX AUTO OWNER TRUST CARMX 2024 3 A2A                | CUSIP: 14319GAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4171626 | PA      | $4182867.62   | 0.15%             | 2027-09-15      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                    | FNMA POOL AJ7522 FN 01/27 FIXED 3                       | CUSIP: 3138E0LC1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     154253 | PA      | $152961.27    | 0.01%             | 2027-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD PLN BOUGHT USD 20251015                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PL        |          1 | NC      | $-30343.07    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                    | GNMA II POOL 080143 G2 12/27 FLOATING VAR               | CUSIP: 36225CER3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       4050 | PA      | $4084.17      | 0.00%             | 2027-12-20      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| MERRILL LYNCH MORTGAGE INVS 2005-A10                                    | MERRILL LYNCH MORTGAGE INVESTO MLMI 2005 A10 A          | CUSIP: 59020UZ65<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      42829 | PA      | $42148.75     | 0.00%             | 2036-02-25      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE-2005-75                                                      | FANNIE MAE FNR 2005 75 AF                               | CUSIP: 31394FAF2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      64530 | PA      | $64035.25     | 0.00%             | 2035-09-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-87                                               | FANNIE MAE FNR 2025 87 FC                               | CUSIP: 3136BXQD9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   15600000 | PA      | $15635988.42  | 0.58%             | 2055-10-25      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| BLACK DIAMOND CLO 2017-2 DAC                                            | BLACK DIAMOND CLO BLACK 2017 2A A1 144A                 | CUSIP: ACI1XBRF0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |      28019 | PA      | $32913.11     | 0.00%             | 2032-01-20      | Floating      | 2.88%                 | No            |                  2 | On Loan: No      |
| STARWOOD MORTGAGE RESIDENTIAL TRUST 2021-2                              | STARWOOD MORTGAGE RESIDENTIAL STAR 2021 2 M1 144A       | CUSIP: 85573HAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2564000 | PA      | $2308286.64   | 0.09%             | 2065-05-25      | Variable      | 2.17%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT KRW SOLD USD 20251022                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KR        |          1 | NC      | $-130.81      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2024-E                                 | SMB PRIVATE EDUCATION LOAN TRU SMB 2024 E A1A 144A      | CUSIP: 78450XAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1714297 | PA      | $1738185.76   | 0.06%             | 2056-10-16      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT NZD SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NZ        |          1 | NC      | $94.40        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD JPY BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |          1 | NC      | $-42215.44    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD BRL BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-2944490.07  | -0.11%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT CNH SOLD USD 20251016                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $-302.39      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HCA INC                                                                 | HCA INC DISC COML PAPER 4/A2 Y 10/25 ZCP                | CUSIP: 40412BXM0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    4100000 | PA      | $4088902.53   | 0.15%             | 2025-10-21      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | OIS MXN TIIE1/7.55000 07/10/25-3Y* CME                  | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | MX        |          1 | NC      | $-153527.55   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| GLS AUTO SELECT RECEIVABLES TRUST 2024-2A                               | GLS AUTO SELECT RECEIVABLES TR GSAR 2024 2A A2 144A     | CUSIP: 379924AC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1756089 | PA      | $1778689.63   | 0.07%             | 2030-06-17      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| RESEARCH-DRIVEN PAGAYA MOTOR ASSET TRUST 2023-3A LLC                    | RESEARCH DRIVEN PAGAYA MOTOR A RPM 2023 3A A 144A       | CUSIP: 76089RAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     311351 | PA      | $311846.23    | 0.01%             | 2032-01-26      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                 | HYUNDAI CAPITAL AMERICA SR UNSECURED 144A 03/30 VAR     | CUSIP: 44891ADT1<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   12063000 | PA      | $12175266.96  | 0.45%             | 2030-03-27      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST 2021-NQ2R                           | NEW RESIDENTIAL MORTGAGE LOAN NRZT 2021 NQ2R A2 144A    | CUSIP: 64831EAB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     111018 | PA      | $106125.39    | 0.00%             | 2058-10-25      | Variable      | 1.15%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT CNH SOLD USD 20251016                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $-314.37      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BRIDGECREST LENDING AUTO SECURITIZATION TRUST 2024-1                    | BRIDGECREST LENDING AUTO SECUR BLAST 2024 1 A3          | CUSIP: 107933AC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      78971 | PA      | $79033.46     | 0.00%             | 2028-01-18      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| IMPAC CMB TR 2005-4                                                     | IMPAC CMB TRUST IMM 2005 4 1A1A                         | CUSIP: 45254NPA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2964313 | PA      | $2871260.34   | 0.11%             | 2035-05-25      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5569                                                 | FREDDIE MAC FHR 5569 FB                                 | CUSIP: 3137HMMD9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   42641393 | PA      | $42725417.57  | 1.58%             | 2055-08-25      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                    | FNMA POOL BM7575 FN 08/29 VARIABLE                      | CUSIP: 3140JCMZ4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   14595049 | PA      | $14936291.78  | 0.55%             | 2029-08-01      | Variable      | 4.80%                 | No            |                  2 | On Loan: No      |
| FLAGSHIP CREDIT AUTO TRUST 2024-3                                       | FLAGSHIP CREDIT AUTO TRUST FCAT 2024 3 A 144A           | CUSIP: 33843YAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     804469 | PA      | $806827.20    | 0.03%             | 2028-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AMETEK INC                                                              | AMETEK INC 11/25 ZCP                                    | CUSIP: 03111BYL3<br>LEI: 549300WZDEF9KKE40E98 | Long             | DBT              | CORP              | US        |   16300000 | PA      | $16201375.22  | 0.60%             | 2025-11-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GREENSKY HOME IMPROVEMENT TRUST 2024-1                                  | GREENSKY HOME IMPROVEMENT ISSU GSKY 2024 1 A2 144A      | CUSIP: 39571MAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     650950 | PA      | $654426.03    | 0.02%             | 2059-06-25      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ACRA TRUST 2024-NQM1                                                    | ACRA TRUST 2024 NQM1 ACRA 2024 NQM1 A1 144A             | CUSIP: 00112EAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2235701 | PA      | $2250198.43   | 0.08%             | 2064-10-25      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2019-HY2                                      | TOWD POINT MORTGAGE TRUST TPMT 2019 HY2 A1 144A         | CUSIP: 89177HAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     931697 | PA      | $953099.85    | 0.04%             | 2058-05-25      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT CNH SOLD USD 20251016                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $-198.38      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                  | CS AT1 CLAIMS USH3698DBW32 CREDIT SUISSE GROUP AG       | CUSIP: 952NPG907<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | US        |     400000 | PA      | $52000.00     | 0.00%             | 2060-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                  | CS AT1 CLAIMS US22546DAB29 CREDIT SUISSE GROUP AG       | CUSIP: 952NPKII9<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | US        |    2300000 | PA      | $299000.00    | 0.01%             | 2060-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                 | GOLDMAN SACHS GROUP INC SR UNSECURED 10/30 VAR          | CUSIP: 38141GB60<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     100000 | PA      | $101302.33    | 0.00%             | 2030-10-23      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| INDYMAC RESIDENTIAL ASSET BACKED 2006-C                                 | INDYMAC RESIDENTIAL ASSET BACK INABS 2006 C 2A          | CUSIP: 43709BAB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3058689 | PA      | $2947668.33   | 0.11%             | 2036-08-25      | Floating      | 4.53%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE 2007-4                                                       | FANNIE MAE FNR 2007 4 DF                                | CUSIP: 31396PMC2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      29463 | PA      | $29236.09     | 0.00%             | 2037-02-25      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                            | BARCLAYS PLC SR UNSECURED 11/29 VAR                     | CUSIP: 06738EDF9<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   14850000 | PA      | $14908890.50  | 0.55%             | 2029-11-11      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                    | GNMA II TBA 30 YR 4 JUMBOS                              | CUSIP: 21H0406A6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   28000000 | PA      | $26331519.76  | 0.97%             | 2055-10-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                 | GOLDMAN SACHS GROUP INC SR UNSECURED 09/27 VAR          | CUSIP: 38141GYH1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    2700000 | PA      | $2707827.60   | 0.10%             | 2027-09-10      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD JPY BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |          1 | NC      | $-2590.87     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING AESOP LLC 2022-5A                        | AVIS BUDGET RENTAL CAR FUNDING AESOP 2022 5A A 144A     | CUSIP: 05377RFV1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   10800000 | PA      | $10867085.28  | 0.40%             | 2027-04-20      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2025-2A                           | WESTLAKE AUTOMOBILE RECEIVABLE WLAKE 2025 2A A1 144A    | CUSIP: 96041KAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2369191 | PA      | $2370025.13   | 0.09%             | 2026-07-15      | Fixed         | 4.64%                 | No            |                  2 | On Loan: No      |
| COUNTRYWIDE HOME LOANS 2005-24                                          | COUNTRYWIDE HOME LOANS CWHL 2005 24 A7                  | CUSIP: 126694JX7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     689749 | PA      | $351261.53    | 0.01%             | 2035-11-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT BRL SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $72487.15     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GPMT LLC 2021-FL3                                                       | GPMT LTD. GPMT 2021 FL3 A 144A                          | CUSIP: 36264BAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |     270345 | PA      | $269802.75    | 0.01%             | 2035-07-16      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| BLACKBIRD CAPITAL AIRCRAFT LEASE SECURITIZATION LTD 2021-1A             | BLACKBIRD CAPITAL AIRCRAFT BBIRD 2021 1A A 144A         | CUSIP: 09229CAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2136400 | PA      | $2020757.28   | 0.07%             | 2046-07-15      | Fixed         | 2.44%                 | No            |                  2 | On Loan: No      |
| HENLEY CLO VII DAC 7A                                                   | HENLEY FUNDING LTD. HNLY 7A AR                          | CUSIP: ACI2QFVZ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |    2800000 | PA      | $3290621.64   | 0.12%             | 2034-04-25      | Floating      | 2.93%                 | No            |                  2 | On Loan: No      |
| BACARDI-MARTINI BV                                                      | BACARDI MARTINI B V                                     | CUSIP: 05634EXG2<br>LEI: 5493002XXBV8B88K2408 | Long             | DBT              | CORP              | US        |     900000 | PA      | $898159.68    | 0.03%             | 2025-10-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT AUD SOLD USD 20251104                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | AU        |          1 | NC      | $8.38         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD TWD BOUGHT USD 20251014                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $378.25       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                    | ROYAL BANK OF CANADA SR UNSECURED 01/27 VAR             | CUSIP: 78016EYZ4<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    4500000 | PA      | $4518320.58   | 0.17%             | 2027-01-21      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| PARALLEL 2021-1 LTD                                                     | PARALLEL LTD PARL 2021 1A AR 144A                       | CUSIP: 69916HAL4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    8000000 | PA      | $8006400.00   | 0.30%             | 2034-07-15      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| TOWD POINT ASSET TRUST 2021-SL1                                         | TOWD POINT ASSET TRUST TPAT 2021 SL1 A2 144A            | CUSIP: 89179XAL9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2642170 | PA      | $2636703.05   | 0.10%             | 2061-11-20      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT TWD SOLD USD 20251215                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $-443.91      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MARINER FINANCE ISSUANCE TRUST 2021-A                                   | MARINER FINANCE ISSUANCE TRUST MFIT 2021 AA A 144A      | CUSIP: 56848DAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    7800000 | PA      | $7640011.08   | 0.28%             | 2036-03-20      | Fixed         | 1.86%                 | No            |                  2 | On Loan: No      |
| SKANDINAVISKA ENSKILDA BANKEN AB                                        | SKANDINAVISKA ENSKILDA 144A 09/30 VAR                   | CUSIP: 830505BL6<br>LEI: F3JS33DEI6XQ4ZBPTN86 | Long             | DBT              | CORP              | SE        |    4800000 | PA      | $4811784.53   | 0.18%             | 2030-09-03      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INTERNATIONAL CORP (CCI)                                   | CROWN CASTLE 10/25 ZCP                                  | CUSIP: 22823PXP3<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |    7500000 | PA      | $7477830.75   | 0.28%             | 2025-10-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                    | FNMA POOL MA3442 FN 08/48 FIXED 3.5                     | CUSIP: 31418CZG2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     253728 | PA      | $235051.93    | 0.01%             | 2048-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT KRW SOLD USD 20251022                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KR        |          1 | NC      | $-152.41      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT ILS SOLD USD 20251015                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IL        |          1 | NC      | $12445.93     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES CORP 2002-P1A            | CREDIT SUISSE FIRST BOSTON MOR CSFB 2002 P1A A 144A     | CUSIP: 22540VK43<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      25356 | PA      | $24482.10     | 0.00%             | 2032-03-25      | Floating      | 5.06%                 | No            |                  2 | On Loan: No      |
| NELNET STUDENT LOAN TRUST 2025-BA                                       | NELNET STUDENT LOAN TRUST NSLT 2025 BA A1A 144A         | CUSIP: 64032BAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2200000 | PA      | $2218716.72   | 0.08%             | 2055-05-17      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HOLDINGS PLC                                         | SANTANDER UK GROUP HLDGS SR UNSECURED 09/29 VAR         | CUSIP: 80281LAW5<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |    3700000 | PA      | $3705991.52   | 0.14%             | 2029-09-22      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| PRIME MORTGAGE TRUST 2004-CL1                                           | PRIME MORTGAGE TRUST PRIME 2004 CL1 1A2                 | CUSIP: 74160MDL3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       8136 | PA      | $7745.80      | 0.00%             | 2034-02-25      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5500                                                 | FREDDIE MAC FHR 5500 UF                                 | CUSIP: 3137HJCB1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1242381 | PA      | $1243999.65   | 0.05%             | 2054-11-25      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| RGA GLOBAL FUNDING                                                      | RGA GLOBAL FUNDING SECURED 144A 01/30 5.25              | CUSIP: 76209PAG8<br>LEI: 549300Y22K5FOEBMSK42 | Long             | DBT              | CORP              | US        |    1800000 | PA      | $1862877.53   | 0.07%             | 2030-01-09      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GREENSKY HOME IMPROVEMENT ISSUER TRUST 2025-2A                          | GREENSKY HOME IMPROVEMENT ISSU GSKY 2025 2A A3 144A     | CUSIP: 39571VAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1300000 | PA      | $1319303.18   | 0.05%             | 2060-06-25      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2024-104                                              | FANNIE MAE FNR 2024 104 FA                              | CUSIP: 3136BUEQ9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    3518045 | PA      | $3522913.42   | 0.13%             | 2055-01-25      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5573                                                 | FREDDIE MAC FHR 5573 FD                                 | CUSIP: 3137HMSJ0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    5739723 | PA      | $5759943.90   | 0.21%             | 2055-09-25      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                 | BPCE SA SR UNSECURED 144A 10/27 3.5                     | CUSIP: 05583JAC6<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    2000000 | PA      | $1967230.46   | 0.07%             | 2027-10-23      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CITIZENS AUTO RECEIVABLES TRUST 2023-1                                  | CITIZENS AUTO RECEIVABLES TRUS CITZN 2023 1 A3 144A     | CUSIP: 17331KAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    5301109 | PA      | $5338094.72   | 0.20%             | 2028-01-18      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| GREENSKY HOME IMPROVEMENT ISSUER TRUST 2025-2A                          | GREENSKY HOME IMPROVEMENT ISSU GSKY 2025 2A A2 144A     | CUSIP: 39571VAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1097531 | PA      | $1101994.16   | 0.04%             | 2060-06-25      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD AUD BOUGHT USD 20251104                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | AU        |          1 | NC      | $-7757.69     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LEHMAN MORTGAGE TRUST 2007-5                                            | LEHMAN MORTGAGE TRUST LMT 2007 5 4A2                    | CUSIP: 52521RBH3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     517157 | PA      | $333025.73    | 0.01%             | 2036-08-25      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD NZD BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NZ        |          1 | NC      | $1907.59      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE 2007-14                                                      | FANNIE MAE FNR 2007 14 F                                | CUSIP: 31396PZS3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      14085 | PA      | $13900.53     | 0.00%             | 2037-03-25      | Floating      | 4.83%                 | No            |                  2 | On Loan: No      |
| MASTR ADJUSTABLE RATE MORTGAGES TRUST 2006-OA2                          | MASTR ADJUSTABLE RATE MORTGAGE MARM 2006 OA2 2A1        | CUSIP: 55275NAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3114480 | PA      | $2788901.21   | 0.10%             | 2046-12-25      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| BMO 2025-5C11 MORTGAGE TRUST                                            | BMO MORTGAGE TRUST BMO 2025 5C11 A2                     | CUSIP: 096941AB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   10800000 | PA      | $11110409.28  | 0.41%             | 2058-07-15      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFR USD SOFR/4.00000 12/18/24-1Y CME                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $598774.80    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFR USD SOFR/3.7340* 09/02/25-7Y* LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $999511.89    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| OPORTUN ISSUANCE TRUST 2025-A                                           | OPORTUN FUNDING LLC OPTN 2025 A A 144A                  | CUSIP: 68377TAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2400000 | PA      | $2403747.36   | 0.09%             | 2033-02-08      | Fixed         | 5.01%                 | No            |                  2 | On Loan: No      |
| COLONY MORTGAGE CAPITAL SERIES LTD 2019-IKPR                            | COLONY MORTGAGE CAPITAL LTD CLNY 2019 IKPR A 144A       | CUSIP: 12564NAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3824940 | PA      | $3781091.48   | 0.14%             | 2038-11-15      | Floating      | 5.72%                 | No            |                  2 | On Loan: No      |
| HARLEY-DAVIDSON FINANCIAL SERVICES INC                                  | HARLEY DAVIDSON FND CP                                  | CUSIP: 41282JZ20<br>LEI: RLUFFFFW4GRYU77BTS24 | Long             | DBT              | CORP              | US        |     300000 | PA      | $297666.90    | 0.01%             | 2025-12-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | US LONG BOND(CBT) DEC25 XCBT 20251219                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         65 | NC      | $148248.88    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2025-100                       | GOVERNMENT NATIONAL MORTGAGE A GNR 2025 100 FA          | CUSIP: 38385GQ77<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   19495997 | PA      | $19573419.54  | 0.72%             | 2055-06-20      | Floating      | 5.54%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SPTR TRS EQUITY SOFR+42 GST                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |          1 | NC      | $1236259.58   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC-3891                                                        | FREDDIE MAC FHR 3891 BF                                 | CUSIP: 3137ADTZ0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     402189 | PA      | $400107.99    | 0.01%             | 2041-07-15      | Floating      | 5.04%                 | No            |                  2 | On Loan: No      |
| NORTHWOODS CAPITAL XII-B LTD 2018-12BA                                  | NORTHWOODS CAPITAL LTD WOODS 2018 12BA AR 144A          | CUSIP: 66858CAN7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    2142079 | PA      | $2144099.83   | 0.08%             | 2031-06-15      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ASSET-BACKED CERTS 2005-AB4                                 | COUNTRYWIDE ASSET BACKED CERTI CWL 2005 AB4 2A1         | CUSIP: 126670KK3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     369538 | PA      | $333651.56    | 0.01%             | 2036-03-25      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| BANQUE FEDERATIVE DU CREDIT MUTUEL (BFCM)                               | BANQUE FED CRED MUTUEL 144A 10/28 VAR                   | CUSIP: 06675DCQ3<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |    5300000 | PA      | $5318568.66   | 0.20%             | 2028-10-16      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SPTR TRS EQUITY SOFR+48 GST                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |          1 | NC      | $1575729.83   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| SYNCHRONY CARD ISSUANCE TRUST 2024-A2                                   | SYNCHRONY CARD ISSUANCE TRUST SYNIT 2024 A2 A           | CUSIP: 87166PAN1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   11800000 | PA      | $12000654.28  | 0.44%             | 2030-07-15      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| RCKT TRUST 2025-1A                                                      | RCKT TRUST RCKTL 2025 1A A 144A                         | CUSIP: 74939RAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1653004 | PA      | $1657064.94   | 0.06%             | 2034-07-25      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| AVON FINANCE 4A                                                         | AVON FINANCE AVON 4A A 144A                             | CUSIP: ACI2JTXR2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | GB        |    5872576 | PA      | $7915794.43   | 0.29%             | 2049-12-28      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| CASTLELAKE AIRCRAFT SECURITIZATION TRUST 2025-1A                        | CASTLELAKE AIRCRAFT SECURITIZA CLAST 2025 1A A 144A     | CUSIP: 14856VAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3530609 | PA      | $3589797.98   | 0.13%             | 2050-02-15      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT JPY SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |          1 | NC      | $-1532.75     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD EUR BOUGHT USD 20251104                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |          1 | NC      | $66389.97     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2011-60                                               | FANNIE MAE FNR 2011 60 OA                               | CUSIP: 31397U3F4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      26279 | PA      | $22923.58     | 0.00%             | 2039-08-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT BRL SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $4361.49      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BRIDGECREST LENDING AUTO SECURITIZATION TRUST 2024-4                    | BRIDGECREST LENDING AUTO SECUR BLAST 2024 4 A2          | CUSIP: 10806EAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1191414 | PA      | $1192047.41   | 0.04%             | 2027-09-15      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD MXN BOUGHT USD 20251217                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | MX        |          1 | NC      | $-363606.35   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                    | FNMA TBA 30 YR 4.5 SINGLE FAMILY MORTGAGE               | CUSIP: 01F0426B4<br>LEI: N/A                  | Short            | ABS-MBS          | USGSE             | US        |  -41700000 | PA      | $-40431669.90 | -1.49%            | 2055-11-13      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT CZK SOLD USD 20251217                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CZ        |          1 | NC      | $-41.67       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CSMC 2021-RPL2 TRUST                                                    | CREDIT SUISSE MORTGAGE TRUST CSMC 2021 RPL2 A1A 144A    | CUSIP: 12656TAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1238639 | PA      | $1056288.71   | 0.04%             | 2060-01-25      | Variable      | 1.11%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT BRL SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $55916.92     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE 2004-11                                                      | FANNIE MAE FNR 2004 11 A                                | CUSIP: 31393T7H3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      12793 | PA      | $12773.43     | 0.00%             | 2034-03-25      | Floating      | 4.58%                 | No            |                  2 | On Loan: No      |
| FORD CREDIT AUTO OWNER TRUST 2023-A                                     | FORD CREDIT AUTO OWNER TRUST FORDO 2023 A A3            | CUSIP: 344928AD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1518414 | PA      | $1522687.55   | 0.06%             | 2028-02-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP OF AMERICA FINANCE LLC                                 | VOLKSWAGEN GROUP AMERICA COMPANY GUAR 144A 09/27 4.45   | CUSIP: 928668CV2<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |    3900000 | PA      | $3910807.10   | 0.14%             | 2027-09-11      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | MORGAN STANLEY SNR S* ICE                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $33315.85     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| WASHINGTON MUTUAL 2002-AR6                                              | WAMU MORTGAGE PASS THROUGH CER WAMU 2002 AR6 A          | CUSIP: 929227QB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      25891 | PA      | $24338.03     | 0.00%             | 2042-06-25      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2021-B                                 | SMB PRIVATE EDUCATION LOAN TRU SMB 2021 B A 144A        | CUSIP: 78449YAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1635627 | PA      | $1538068.60   | 0.06%             | 2051-07-17      | Fixed         | 1.31%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD EUR BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |          1 | NC      | $101203.13    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MERRILL LYNCH MORTGAGE INV 2006-OPT1                                    | MERRILL LYNCH MORTGAGE INVESTO MLMI 2006 OPT1 A2C       | CUSIP: 59022VAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     324794 | PA      | $311704.49    | 0.01%             | 2037-08-25      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2020-B                                 | SMB PRIVATE EDUCATION LOAN TRU SMB 2020 B A1A 144A      | CUSIP: 78449XAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1441253 | PA      | $1376066.29   | 0.05%             | 2053-07-15      | Fixed         | 1.29%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC-3271                                                        | FREDDIE MAC FHR 3271 FA                                 | CUSIP: 31397FFJ6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      33240 | PA      | $32916.53     | 0.00%             | 2037-02-15      | Floating      | 4.83%                 | No            |                  2 | On Loan: No      |
| ANCHORAGE CAPITAL CLO 21 LTD                                            | ANCHORAGE CAPITAL CLO LTD ANCHC 2021 21A AR 144A        | CUSIP: 03331KAJ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    7500000 | PA      | $7507153.95   | 0.28%             | 2034-10-20      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-54                                               | FANNIE MAE FNR 2025 54 FM                               | CUSIP: 3136BWNW2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1045102 | PA      | $1047725.52   | 0.04%             | 2055-07-25      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD SGD BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |          1 | NC      | $115.59       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC 3609                                                        | FREDDIE MAC FHR 3609 F                                  | CUSIP: 31398LN38<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      38915 | PA      | $39068.16     | 0.00%             | 2036-08-15      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | CITIGROUP INC SNR S* ICE                                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $1918.17      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2024-2A                           | WESTLAKE AUTOMOBILE RECEIVABLE WLAKE 2024 2A A2B 144A   | CUSIP: 96042YAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     759220 | PA      | $759617.31    | 0.03%             | 2027-08-16      | Floating      | 5.03%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                    | FNMA POOL MA3305 FN 03/48 FIXED 3.5                     | CUSIP: 31418CU77<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    5947808 | PA      | $5530025.18   | 0.20%             | 2048-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ACHV ABS TRUST 2024-2PL                                                 | ACHV ABS TRUST ACHV 2024 2PL A 144A                     | CUSIP: 00092HAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     631173 | PA      | $635233.81    | 0.02%             | 2031-10-27      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| CONAGRA BRANDS INC                                                      | CONAGRA BRANDS INC SR UNSECURED 08/30 5                 | CUSIP: 205887CK6<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |     700000 | PA      | $707214.46    | 0.03%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                           | BOEING CO/THE SR UNSECURED 05/27 6.259                  | CUSIP: 097023DP7<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     600000 | PA      | $617592.67    | 0.02%             | 2027-05-01      | Fixed         | 6.26%                 | No            |                  2 | On Loan: No      |
| STRUCTURED ASSET MTG INV INC 2005-AR5                                   | STRUCTURED ASSET MORTGAGE INVE SAMI 2005 AR5 A3         | CUSIP: 86359LPF0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      71875 | PA      | $70782.98     | 0.00%             | 2035-07-19      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2018-1                                        | TOWD POINT MORTGAGE TRUST TPMT 2018 1 A1 144A           | CUSIP: 89176EAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      36366 | PA      | $36062.92     | 0.00%             | 2058-01-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SPTR TRS EQUITY SOFR+55 RBC                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |          1 | NC      | $831791.06    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| MPLX LP                                                                 | MPLX LP SR UNSECURED 03/27 4.125                        | CUSIP: 55336VAK6<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |     800000 | PA      | $799156.97    | 0.03%             | 2027-03-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| MADISON PARK FUNDING XLVI LTD 2020-46A                                  | MADISON PARK FUNDING LTD MDPK 2020 46A ARR 144A         | CUSIP: 55822AAW7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   11700000 | PA      | $11712285.00  | 0.43%             | 2034-10-15      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD BRL BOUGHT USD 20260402                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $2280.90      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SYMPHONY CLO XXXII LTD                                                  | SYMPHONY CLO LTD SYMP 2022 32A AR 144A                  | CUSIP: 87168NAU8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | BM        |    9700000 | PA      | $9739537.39   | 0.36%             | 2035-10-23      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD TWD BOUGHT USD 20251020                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $600.04       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT TRUST 2025-6                                             | PAGAYA AI DEBT SELECTION TRUST PAID 2025 6 A2 144A      | CUSIP: 69549BAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3000000 | PA      | $3002299.50   | 0.11%             | 2033-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5565                                                 | FREDDIE MAC FHR 5565 FA                                 | CUSIP: 3137HMGJ3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    4215049 | PA      | $4231309.17   | 0.16%             | 2055-08-25      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                    | FNMA TBA 30 YR 5 SINGLE FAMILY MORTGAGE                 | CUSIP: 01F0506A9<br>LEI: N/A                  | Short            | ABS-MBS          | USGSE             | US        |  -17200000 | PA      | $-17060534.32 | -0.63%            | 2055-10-14      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2024-2A                           | WESTLAKE AUTOMOBILE RECEIVABLE WLAKE 2024 2A A3 144A    | CUSIP: 96042YAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1700000 | PA      | $1712432.78   | 0.06%             | 2028-02-15      | Fixed         | 5.56%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5508                                                 | FREDDIE MAC FHR 5508 FC                                 | CUSIP: 3137HJGF8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1448432 | PA      | $1451537.54   | 0.05%             | 2055-02-25      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| NELNET STUDENT LOAN TRUST 2023-AA                                       | NELNET STUDENT LOAN TRUST NSLT 2023 AA AFL 144A         | CUSIP: 64032PAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     552402 | PA      | $564590.94    | 0.02%             | 2041-02-20      | Floating      | 6.59%                 | No            |                  2 | On Loan: No      |
| NAVIENT STUDENT LOAN TRUST 2019-BA                                      | NAVIENT STUDENT LOAN TRUST NAVSL 2019 BA A2B 144A       | CUSIP: 63941LAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1642242 | PA      | $1640168.72   | 0.06%             | 2059-12-15      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                    | FNMA POOL 534064 FN 03/30 FIXED 8                       | CUSIP: 31384UJH8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       1113 | PA      | $1114.80      | 0.00%             | 2030-03-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| CAIRN CLO X BV 18-10A                                                   | CAIRN CLO BV CRNCL 2018 10A AR 144A                     | CUSIP: ACI1YFN80<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |     349516 | PA      | $410621.47    | 0.02%             | 2031-10-15      | Floating      | 2.81%                 | No            |                  2 | On Loan: No      |
| EAR STEARNS ASSET BACKED SECURITIES I TRUST 2004-HE9                    | BEAR STEARNS ASSET BACKED SECU BSABS 2004 HE9 M1        | CUSIP: 073879KC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4302325 | PA      | $4321171.65   | 0.16%             | 2034-11-25      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| BACARDI-MARTINI BV                                                      | BACARDI MARTINI B V                                     | CUSIP: 05634EXW7<br>LEI: 5493002XXBV8B88K2408 | Long             | DBT              | CORP              | US        |     300000 | PA      | $298839.99    | 0.01%             | 2025-10-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ARES XLIV CLO LTD 2017-44A                                              | ARES CLO LTD ARES 2017 44A A1RR 144A                    | CUSIP: 04016NBH5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   11900000 | PA      | $11915243.31  | 0.44%             | 2034-04-15      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CREDIT CARD TRUST 2023-A1                               | BANK OF AMERICA CREDIT CARD TR BACCT 2023 A1 A1         | CUSIP: 05522RDG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5700000 | PA      | $5729351.01   | 0.21%             | 2028-05-15      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD BRL BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-502963.83   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| PALMER SQUARE EUROPEAN LOAN FUNDING 2023-2A DAC                         | PALMER SQUARE EUROPEAN LOAN FU PSTET 2023 2A BR 144A    | CUSIP: ACI2QL8W8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |    1000000 | PA      | $1175985.73   | 0.04%             | 2033-01-15      | Floating      | 3.93%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT TWD SOLD USD 20251014                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $-126.61      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                    | FNMA POOL 067698 FN 11/28 FLOATING VAR                  | CUSIP: 31362QGF0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       1068 | PA      | $1058.97      | 0.00%             | 2028-11-01      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2022-A                                 | SMB PRIVATE EDUCATION LOAN TRU SMB 2022 A APT 144A      | CUSIP: 78450FAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3190778 | PA      | $3013707.35   | 0.11%             | 2054-11-16      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT GRANTOR TRUST 2024-10                                    | PAGAYA AI DEBT SELECTION TRUST PAID 2024 10 A 144A      | CUSIP: 69544MAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1797019 | PA      | $1807356.58   | 0.07%             | 2032-06-15      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| CHASE ISSUANCE TRUST 2024-A2                                            | CHASE ISSUANCE TRUST CHAIT 2024 A2 A                    | CUSIP: 161571HW7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   11100000 | PA      | $11356338.96  | 0.42%             | 2031-01-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG/NEW YORK BRANCH                                        | DEUTSCHE BANK NY 07/27 VAR                              | CUSIP: 25160PAN7<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    7600000 | PA      | $7763340.72   | 0.29%             | 2027-07-13      | Floating      | 7.15%                 | No            |                  2 | On Loan: No      |
| SIRIUS REAL ESTATE LIMITED                                              | SIRIUS REAL ESTATE LTD SR UNSECURED REGS 06/26 1.125    | CUSIP: ACI1YMJ56<br>LEI: 213800NURUF5W8QSK566 | Long             | DBT              | CORP              | GG        |     500000 | PA      | $580491.38    | 0.02%             | 2026-06-22      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                    | FNMA POOL BJ3935 FN 12/47 FIXED 3.5                     | CUSIP: 3140H5LR0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      25613 | PA      | $23725.49     | 0.00%             | 2047-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                    | FNMA POOL 536234 FN 05/30 FIXED 8                       | CUSIP: 31384WV31<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       1659 | PA      | $1668.24      | 0.00%             | 2030-05-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                                    | LAS VEGAS SANDS CORP SR UNSECURED 08/26 3.5             | CUSIP: 517834AE7<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    4400000 | PA      | $4366196.56   | 0.16%             | 2026-08-18      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-69                                               | FANNIE MAE FNR 2025 69 FD                               | CUSIP: 3136BWB54<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   22633220 | PA      | $22728867.81  | 0.84%             | 2055-08-25      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE ACQI CORP 2006-CH1                                   | JP MORGAN MORTGAGE ACQUISITION JPMAC 2006 CH1 M6        | CUSIP: 46629TAL4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2200000 | PA      | $2074290.68   | 0.08%             | 2036-07-25      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST 2023-3               | GM FINANCIAL CONSUMER AUTOMOBI GMCAR 2023 3 A3          | CUSIP: 36267KAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2233788 | PA      | $2252386.59   | 0.08%             | 2028-06-16      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | IRS ZAR 8.82000 08/02/23-6Y* CME                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | ZA        |          1 | NC      | $-974063.40   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD ILS BOUGHT USD 20251113                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IL        |          1 | NC      | $-1291.25     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| TIAA CLO IV LTD 2018-1A                                                 | TIAA CLO LTD TIA 2018 1A A1AR 144A                      | CUSIP: 88631YAL1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    2153380 | PA      | $2154969.64   | 0.08%             | 2032-01-20      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| CITIGROUP MTGE LOAN TR INC 2007-AMC1                                    | CITIGROUP MORTGAGE LOAN TRUST CMLTI 2007 AMC1 A1 144A   | CUSIP: 17311BAS2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     743909 | PA      | $419157.97    | 0.02%             | 2036-12-25      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT CHF SOLD USD 20251104                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CH        |          1 | NC      | $1527.84      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | LONG GILT FUTURE  DEC25 IFLL 20251229                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | GB        |         21 | NC      | $12067.77     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| PRPM 2025-5 LLC                                                         | PRP ADVISORS, LLC PRPM 2025 5 A1 144A                   | CUSIP: 69392RAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3938164 | PA      | $3944812.35   | 0.15%             | 2030-07-25      | Fixed         | 5.73%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5517                                                 | FREDDIE MAC FHR 5517 MF                                 | CUSIP: 3137HKH72<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1193799 | PA      | $1198845.29   | 0.04%             | 2055-03-25      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | REPO BANK AMERICA REPO                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        |   65600000 | PA      | $65600000.00  | 2.42%             |  |  |  | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                           | FORD MOTOR CREDIT CO LLC SR UNSECURED 11/27 7.35        | CUSIP: 345397C35<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     400000 | PA      | $417265.74    | 0.02%             | 2027-11-04      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| SCCU AUTO RECEIVABLES TRUST 2025-1 2025-1A                              | SPACE COAST CREDIT UNION SCCU 2025 1A A4 144A           | CUSIP: 80620BAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2300000 | PA      | $2324463.72   | 0.09%             | 2031-09-15      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP 2021-NYAH           | JP MORGAN CHASE COMMERCIAL MOR JPMCC 2021 NYAH C 144A   | CUSIP: 46654EAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7000000 | PA      | $6462920.10   | 0.24%             | 2038-06-15      | Floating      | 5.81%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD TWD BOUGHT USD 20251020                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $676.91       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD EUR BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |          1 | NC      | $1324.79      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                    | GNMA II TBA 30 YR 6 JUMBOS                              | CUSIP: 21H0606B2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   39400000 | PA      | $40073412.59  | 1.48%             | 2054-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GSAMP TRUST 2004-WF                                                     | GSAMP TRUST GSAMP 2004 WF M2                            | CUSIP: 36242DKL6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      19475 | PA      | $19797.74     | 0.00%             | 2034-10-25      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                   | FED HM LN PC POOL G04618 FG 07/33 FIXED 6               | CUSIP: 3128M6PB8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       1183 | PA      | $1236.29      | 0.00%             | 2033-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT CHF SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CH        |          1 | NC      | $4883.70      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SPTR TRS EQUITY SOFR+61 RBC                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |          1 | NC      | $320304.73    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                    | GNMA II TBA 30 YR 5.5 JUMBOS                            | CUSIP: 21H0526B9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   30000000 | PA      | $30206862.00  | 1.12%             | 2054-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| VW CREDIT INC                                                           | VW CR INC 10/25 ZCP                                     | CUSIP: 91842JXE4<br>LEI: 549300UUPJ2NXDB68M19 | Long             | DBT              | CORP              | US        |    9100000 | PA      | $9084647.39   | 0.34%             | 2025-10-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                    | FNMA POOL MA3238 FN 01/48 FIXED 3.5                     | CUSIP: 31418CS47<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     785639 | PA      | $732194.67    | 0.03%             | 2048-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD BRL BOUGHT USD 20260402                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-152446.23   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD BRL BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-16869.28    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT TRUST 2025-5                                             | PAGAYA AI DEBT SELECTION TRUST PAID 2025 5 A1 144A      | CUSIP: 69548WAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    7300000 | PA      | $7309857.92   | 0.27%             | 2026-08-17      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| CARVANA AUTO RECEIVABLES TRUST 2023-P2                                  | CARVANA AUTO RECEIVABLES TRUST CRVNA 2023 P2 A4 144A    | CUSIP: 14686TAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2700000 | PA      | $2749427.01   | 0.10%             | 2029-03-12      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT EUR SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |          1 | NC      | $-66069.88    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| STRUCTURED ASSET SECUR CORP 2004-23XS                                   | STRUCTURED ASSET SECURITIES CO SASC 2004 23XS M1        | CUSIP: 86359BU74<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1072362 | PA      | $1129458.86   | 0.04%             | 2035-01-25      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| LEGACY MORTGAGE ASSET TRUST 2020-RPL1                                   | LEGACY MORTGAGE ASSET TRUST LMAT 2020 RPL1 A1 144A      | CUSIP: 52474HAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1412723 | PA      | $1358045.97   | 0.05%             | 2059-09-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | CDX ITRAXX XOV42 5Y 35-100% SP BPS                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | N/A       |          1 | NC      | $7789019.14   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                      | TREASURY BILL 12/25 0.00000                             | CUSIP: 912797RX7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     702000 | PA      | $696346.17    | 0.03%             | 2025-12-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| DAE FUNDING LLC                                                         | DAE FUNDING LLC COMPANY GUAR 144A 03/28 3.375           | CUSIP: 23371DAG9<br>LEI: 635400SZTPQL3Y1P2C76 | Long             | DBT              | CORP              | US        |     500000 | PA      | $484404.67    | 0.02%             | 2028-03-20      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | US 2YR NOTE (CBT) DEC25 XCBT 20251231                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |      -4131 | NC      | $-184872.86   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT ILS SOLD USD 20251015                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IL        |          1 | NC      | $1309.86      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5513                                                 | FREDDIE MAC FHR 5513 MF                                 | CUSIP: 3137HKEX8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   17404199 | PA      | $17433946.65  | 0.64%             | 2054-11-25      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD ZAR BOUGHT USD 20251120                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |          1 | NC      | $-1794.12     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD JPY BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |          1 | NC      | $-60069.15    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SFS AUTO RECEIVABLES SECURITIZATION TRUST 2025-2A                       | SFS AUTO RECEIVABLES SECURITIZ SFAST 2025 2A A2 144A    | CUSIP: 78398HAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2700000 | PA      | $2707503.84   | 0.10%             | 2028-11-20      | Fixed         | 4.52%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT CAD SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CA        |          1 | NC      | $-157.33      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NTT FINANCE CORPORATION                                                 | NTT FINANCE CORP COMPANY GUAR 144A 04/26 1.162          | CUSIP: 62954WAC9<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |   12300000 | PA      | $12109050.99  | 0.45%             | 2026-04-03      | Fixed         | 1.16%                 | No            |                  2 | On Loan: No      |
| DRYDEN SENIOR LOAN FUND 2016-43A                                        | DRYDEN SENIOR LOAN FUND DRSLF 2016 43A AR3 144A         | CUSIP: 26245CBQ5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    3500000 | PA      | $3503500.00   | 0.13%             | 2034-04-20      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                    | FNMA TBA 30 YR 6.5 SINGLE FAMILY MORTGAGE               | CUSIP: 01F0626A4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   33483487 | PA      | $34606521.14  | 1.28%             | 2054-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-70                                               | FANNIE MAE FNR 2025 70 CF                               | CUSIP: 3136BXKF0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    9446745 | PA      | $9523994.62   | 0.35%             | 2055-09-25      | Floating      | 5.76%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT ZAR SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |          1 | NC      | $187.75       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PALMER SQUARE EUROPEAN LOAN FUNDING 2023-2A DAC                         | PALMER SQUARE EUROPEAN LOAN FU PSTET 2023 2A AR 144A    | CUSIP: ACI2QLH16<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |     557274 | PA      | $654277.11    | 0.02%             | 2033-01-15      | Floating      | 3.01%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD BRL BOUGHT USD 20260402                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-2792.61     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD PLN BOUGHT USD 20251022                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PL        |          1 | NC      | $284.34       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD PLN BOUGHT USD 20251015                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PL        |          1 | NC      | $-35637.80    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HCA INC                                                                 | HCA INC DISC COML PAPER 4/A2 Y 10/25 ZCP                | CUSIP: 40412BXL2<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    2500000 | PA      | $2493564.50   | 0.09%             | 2025-10-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-4                                                | FANNIE MAE FNR 2025 4 FB                                | CUSIP: 3136BUU65<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    3918043 | PA      | $3938352.09   | 0.15%             | 2053-12-25      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| BLUEMOUNTAIN FUJI EUR CLO III DAC 3A                                    | BLUEMOUNTAIN FUJI EUR CLO BLUME 3A A1R 144A             | CUSIP: ACI1XNPD1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |    1254371 | PA      | $1472179.47   | 0.05%             | 2031-01-15      | Floating      | 2.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD BRL BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-104517.89   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| APOLLO AVIATION SECURITIZATION EQUITY TRUST 2021-2A                     | AASET 2021 2 TRUST AASET 2021 2A A 144A                 | CUSIP: 00258BAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3312047 | PA      | $3125434.22   | 0.12%             | 2047-01-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| LENDINGPOINT PASS-THROUGH TRUST SERIES 2022-ST2                         | LENDINGPOINT PASS THROUGH TRUS LPPT 2022 ST2 A 144A     | CUSIP: 52607QAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     125682 | PA      | $125050.19    | 0.00%             | 2028-04-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT THB SOLD USD 20251020                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TH        |          1 | NC      | $-55.68       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| WORLD OMNI SELECT AUTO TRUST 2024-A                                     | WORLD OMNI SELECT AUTO TRUST WOSAT 2024 A A2A           | CUSIP: 98164LAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1050581 | PA      | $1052456.65   | 0.04%             | 2028-02-15      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT CNH SOLD USD 20251016                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $-242.15      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NATWEST MARKETS PLC                                                     | NATWEST MARKETS PLC SR UNSECURED 144A 05/29 VAR         | CUSIP: 63906YAL2<br>LEI: RR3QWICWWIPCS8A4S074 | Long             | DBT              | CORP              | GB        |   10730000 | PA      | $10835544.04  | 0.40%             | 2029-05-17      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                    | GNMA II TBA 30 YR 4 JUMBOS                              | CUSIP: 21H0406B4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   15000000 | PA      | $14103241.65  | 0.52%             | 2055-11-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                 | HCA INC DISC COML PAPER 4/A2 Y 10/25 ZCP                | CUSIP: 40412BXH1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   17900000 | PA      | $17860995.90  | 0.66%             | 2025-10-17      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HSI ASSET SEC CORP TRUST 2006-OPT3                                      | HSI ASSET SECURITIZATION CORPO HASC 2006 OPT3 M1        | CUSIP: 40430HFN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     372305 | PA      | $360800.78    | 0.01%             | 2036-02-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                    | GNMA II POOL 008744 G2 11/25 FLOATING VAR               | CUSIP: 36202KWD3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |         18 | PA      | $17.57        | 0.00%             | 2025-11-20      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD BRL BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-167914.08   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| CARMAX AUTO OWNER TRUST 2024-3                                          | CARMAX AUTO OWNER TRUST CARMX 2024 3 A3                 | CUSIP: 14319GAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    8800000 | PA      | $8907140.00   | 0.33%             | 2029-07-16      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                           | BOEING CO SR UNSECURED 02/26 2.196                      | CUSIP: 097023DG7<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    8582000 | PA      | $8518085.98   | 0.31%             | 2026-02-04      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD                                             | ROYAL CARIBBEAN CRUISES SR UNSECURED 144A 08/26 5.5     | CUSIP: 780153BJ0<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    7800000 | PA      | $7833569.41   | 0.29%             | 2026-08-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                 | GOLDMAN SACHS GROUP INC SR UNSECURED 12/26 VAR          | CUSIP: 38141GXM1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    1334000 | PA      | $1325731.11   | 0.05%             | 2026-12-09      | Floating      | 1.09%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD NZD BOUGHT USD 20251104                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NZ        |          1 | NC      | $-2032.36     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | DEUTSCHE BANK AKTIENGESELLSCH SLA SE ICE                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | DE        |          1 | NC      | $6156.68      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE 2007-96                                                      | FANNIE MAE FNR 2007 96 AF                               | CUSIP: 31396XNT7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      74653 | PA      | $74807.84     | 0.00%             | 2037-06-25      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| GREENSKY HOME IMPROVEMENT ISSUER TRUST 2025-2A                          | GREENSKY HOME IMPROVEMENT ISSU GSKY 2025 2A B 144A      | CUSIP: 39571VAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4600000 | PA      | $4645667.88   | 0.17%             | 2060-06-25      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| NEW ORLEANS HOTEL TRUST 2019-HNLA                                       | NEW ORLEANS HOTEL TRUST NOHT 2019 HNLA A 144A           | CUSIP: 647622AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1900000 | PA      | $1889092.29   | 0.07%             | 2032-04-15      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| CIM TRUST 2020-R5                                                       | CIM TRUST CIM 2020 R5 M1 144A                           | CUSIP: 12559UAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6300000 | PA      | $5990082.84   | 0.22%             | 2059-12-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD BRL BOUGHT USD 20251202                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-3993.28     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2024-5                                        | TOWD POINT MORTGAGE TRUST TPMT 2024 5 A1A 144A          | CUSIP: 891944AA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    8452035 | PA      | $8516410.74   | 0.31%             | 2064-10-25      | Variable      | 4.56%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD AUD BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | AU        |          1 | NC      | $-8.35        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFRF USD SF+26.161/0.50 9/16/23-3Y* CME                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $1806819.09   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                 | GOLDMAN SACHS GROUP INC SR UNSECURED 03/27 VAR          | CUSIP: 38141GYA6<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    3600000 | PA      | $3554123.22   | 0.13%             | 2027-03-09      | Floating      | 1.43%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                   | ATHENE GLOBAL FUNDING SECURED 144A 09/28 VAR            | CUSIP: 04685A4T5<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   23300000 | PA      | $23366397.08  | 0.86%             | 2028-09-18      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| PRPM 2025-RCF3 LLC                                                      | PRP ADVISORS, LLC PRPM 2025 RCF3 A1 144A                | CUSIP: 69392PAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2328463 | PA      | $2346254.55   | 0.09%             | 2055-07-25      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-78                                               | FANNIE MAE FNR 2025 78 KF                               | CUSIP: 3136BW7K6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    8252490 | PA      | $8281577.19   | 0.31%             | 2055-09-25      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| CATAMARAN CLO LTD 2014-1A                                               | CATAMARAN CLO LTD CRMN 2014 1A A1AR 144A                | CUSIP: 14889DAJ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     213321 | PA      | $213587.92    | 0.01%             | 2030-04-22      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ASSET BACKED SECURITIES TRUST 2006-HE9                     | BEAR STEARNS ASSET BACKED SECU BSABS 2006 HE9 1A3       | CUSIP: 07389MAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     815000 | PA      | $795564.70    | 0.03%             | 2036-11-25      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| WASHINGTON MUTUAL 2005-AR13                                             | WAMU MORTGAGE PASS THROUGH CER WAMU 2005 AR13 A1A1      | CUSIP: 92922F4M7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      27400 | PA      | $27127.26     | 0.00%             | 2045-10-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| CARLYLE GLOBAL MARKET STRATEGIES EURO CLO 2014-2 LTD 14-2A              | CARLYLE GLOBAL MARKET STRATEGI CGMSE 2014 2A AR1 144A   | CUSIP: ACI1XGH29<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |     490997 | PA      | $576785.16    | 0.02%             | 2031-11-15      | Floating      | 2.79%                 | No            |                  2 | On Loan: No      |
| GSR MORTGAGE LOAN TRUST 2006-AR1                                        | GSR MORTGAGE LOAN TRUST GSR 2006 AR1 2A1                | CUSIP: 3623414A4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      12210 | PA      | $11539.22     | 0.00%             | 2036-01-25      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                    | FNMA POOL MA3218 FN 12/32 FIXED 3                       | CUSIP: 31418CSG0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    4545930 | PA      | $4402840.87   | 0.16%             | 2032-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD ZAR BOUGHT USD 20251120                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |          1 | NC      | $-36031.46    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BLUEMOUNTAIN FUJI EUR CLO III DAC 3A                                    | BLUEMOUNTAIN FUJI EUR CLO BLUME 3A A2R 144A             | CUSIP: ACI1XNNH4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |     199106 | PA      | $231933.13    | 0.01%             | 2031-01-15      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT AUD SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | AU        |          1 | NC      | $130.51       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5500                                                 | FREDDIE MAC FHR 5500 GF                                 | CUSIP: 3137HJB30<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    5052866 | PA      | $5073930.95   | 0.19%             | 2054-10-25      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| M&T BANK AUTO RECEIVABLES TRUST 2025-1A                                 | M+T BANK AUTO RECEIVABLES TRUS MTBAT 2025 1A A3 144A    | CUSIP: 55287XAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    9900000 | PA      | $10042250.13  | 0.37%             | 2030-06-17      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                                     | GLOBAL PAYMENTS INC SR UNSECURED 01/27 2.15             | CUSIP: 37940XAG7<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    2500000 | PA      | $2436878.90   | 0.09%             | 2027-01-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| M&T EQUIPMENT 2024-LEAF1 LLC                                            | M+T EQUIPMENT NOTES MTLRF 2024 1A A2 144A               | CUSIP: 55376YAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1834322 | PA      | $1841007.73   | 0.07%             | 2031-08-18      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORPORATION                                                   | AIR LEASE CORP SR UNSECURED 08/26 1.875                 | CUSIP: 00914AAM4<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $979485.36    | 0.04%             | 2026-08-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2016-H02                       | GOVERNMENT NATIONAL MORTGAGE A GNR 2016 H02 FH          | CUSIP: 38376RPV2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1284675 | PA      | $1291048.50   | 0.05%             | 2066-01-20      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| GE-WMC MORTGAGE SECURITIES LLC 2005-2                                   | GE WMC MORTGAGE SECURITIES LLC GEWMC 2005 2 A2D         | CUSIP: 367910AV8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4372447 | PA      | $4255958.21   | 0.16%             | 2035-12-25      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| CVC CORDATUS LOAN FUND XXIV DAC 24A                                     | CORDATUS CLO PLC CORDA 24A A 144A                       | CUSIP: ACI2N2L65<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |    4853099 | PA      | $5707527.46   | 0.21%             | 2034-10-23      | Floating      | 3.14%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                           | FORD MOTOR CREDIT CO LLC SR UNSECURED 06/26 6.95        | CUSIP: 345397D26<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     200000 | PA      | $202632.83    | 0.01%             | 2026-06-10      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                    | FNMA POOL BJ4012 FN 02/48 FIXED 3.5                     | CUSIP: 3140H5N64<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      42498 | PA      | $39348.45     | 0.00%             | 2048-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                 | BPCE SA 144A 10/26 VAR                                  | CUSIP: 05583JAH5<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    1500000 | PA      | $1499399.16   | 0.06%             | 2026-10-06      | Floating      | 1.65%                 | No            |                  2 | On Loan: No      |
| CARVANA AUTO RECEIVABLES TRUST 2023-P2                                  | CARVANA AUTO RECEIVABLES TRUST CRVNA 2023 P2 A3 144A    | CUSIP: 14686TAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2209711 | PA      | $2218536.79   | 0.08%             | 2028-04-10      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| MF1 2021-FL6 LTD                                                        | MF1 MULTIFAMILY HOUSING MORTGA MF1 2021 FL6 A 144A      | CUSIP: 55283TAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      58078 | PA      | $58166.95     | 0.00%             | 2036-07-16      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                    | FNMA POOL AL5548 FN 05/38 FLOATING VAR                  | CUSIP: 3138ENEW5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      86394 | PA      | $89700.98     | 0.00%             | 2038-05-01      | Floating      | 6.54%                 | No            |                  2 | On Loan: No      |
| ARES EUROPEAN CLO X BV 10A                                              | ARES EUROPEAN CLO ARESE 10A AR 144A                     | CUSIP: ACI1Y2RR3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |     403807 | PA      | $473995.54    | 0.02%             | 2031-10-15      | Floating      | 2.81%                 | No            |                  2 | On Loan: No      |
| GREENPOINT MTGE FUNDING TR 2005-AR5                                     | GREENPOINT MORTGAGE FUNDING TR GPMF 2005 AR5 1A1        | CUSIP: 39538WEA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      72455 | PA      | $68899.80     | 0.00%             | 2045-11-25      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| TOYOTA AUTO RECEIVABLES 2024-D OWNER TRUST                              | TOYOTA AUTO RECEIVABLES OWNER TAOT 2024 D A3            | CUSIP: 89239TAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3800000 | PA      | $3827603.96   | 0.14%             | 2029-06-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT SGD SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |          1 | NC      | $-2529.64     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL I TRUST 2019-NUGS                                | MORGAN STANLEY CAPITAL I TRUST MSC 2019 NUGS A 144A     | CUSIP: 61692AAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1800000 | PA      | $1385584.02   | 0.05%             | 2036-12-15      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG/NEW YORK BRANCH                                        | DEUTSCHE BANK NY 11/26 VAR                              | CUSIP: 251526CE7<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |     800000 | PA      | $797106.23    | 0.03%             | 2026-11-24      | Floating      | 2.13%                 | Yes           |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5549                                                 | FREDDIE MAC FHR 5549 BF                                 | CUSIP: 3137HLS52<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    2081423 | PA      | $2092556.69   | 0.08%             | 2055-02-25      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| SIRIUS REAL ESTATE LIMITED                                              | SIRIUS REAL ESTATE LTD SR UNSECURED REGS 11/28 1.75     | CUSIP: ACI21W3V8<br>LEI: 213800NURUF5W8QSK566 | Long             | DBT              | CORP              | GG        |     200000 | PA      | $224433.71    | 0.01%             | 2028-11-24      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| ISRAEL ELECTRIC CORPORATION LTD                                         | ISRAEL ELECTRIC CORP LTD SR SECURED REGS 12/27 7.75     | CUSIP: 46507WAB6<br>LEI: 254900JW7GE35YNJGJ55 | Long             | DBT              | CORP              | IL        |    1500000 | PA      | $1592811.00   | 0.06%             | 2027-12-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC-3271                                                        | FREDDIE MAC FHR 3271 FP                                 | CUSIP: 31397FFP2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       1086 | PA      | $1069.65      | 0.00%             | 2037-02-15      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD                                             | ROYAL CARIBBEAN CRUISES SR UNSECURED 144A 07/27 5.375   | CUSIP: 780153BK7<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    9600000 | PA      | $9686167.87   | 0.36%             | 2027-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BANK OF INDUSTRY LIMITED                                                | BANK OF INDUSTRY LIMITED 2024 EUR TERM LOAN B1          | CUSIP: BA000BY62<br>LEI: 5493006N5JD4B34R6G14 | Long             | LON              | MUN               | NG        |    3500000 | PA      | $4089999.79   | 0.15%             | 2027-08-23      | Floating      | 3.80%                 | No            |                  2 | On Loan: No      |
| CITIGROUP MTGE LOAN TR INC 2007-AHL3                                    | CITIGROUP MORTGAGE LOAN TRUST CMLTI 2007 AHL3 A3A       | CUSIP: 17312GAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     304188 | PA      | $213871.84    | 0.01%             | 2045-07-25      | Floating      | 4.33%                 | No            |                  2 | On Loan: No      |
| DRYDEN 52 EURO CLO 2017 17-52A                                          | DRYDEN EURO CLO DRYD 2017 52A AR 144A                   | CUSIP: ACI1YL2T4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |    2475978 | PA      | $2902744.90   | 0.11%             | 2034-05-15      | Floating      | 2.90%                 | No            |                  2 | On Loan: No      |
| ACRES COMMERCIAL REALTY LTD 2025-FL3                                    | ACRES PLC ACRES 2025 FL3 A 144A                         | CUSIP: 00501DAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |    7200000 | PA      | $7224203.52   | 0.27%             | 2040-08-18      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| TRINITY SQUARE 2021-1 PLC A                                             | TRINITY SQUARE TRINI 2021 1A AR 144A                    | CUSIP: ACI2NNG08<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | GB        |    2069252 | PA      | $2790124.40   | 0.10%             | 2059-07-15      | Floating      | 4.98%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC 3404                                                        | FREDDIE MAC FHR 3404 AF                                 | CUSIP: 31397PST8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     140561 | PA      | $141495.87    | 0.01%             | 2038-01-15      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| ARGENT SECURITIES TRUST 2006-W5                                         | ARGENT SECURITIES INC. ARSI 2006 W5 A1A                 | CUSIP: 04012XAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3470107 | PA      | $2314064.04   | 0.09%             | 2036-06-25      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 3376                                                 | FREDDIE MAC FHR 3376 FD                                 | CUSIP: 31397KZG9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      89720 | PA      | $89882.26     | 0.00%             | 2037-10-15      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                    | FNMA POOL BZ0874 FN 06/29 FIXED 4.76                    | CUSIP: 3140NU6L8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   25000000 | PA      | $25588214.25  | 0.94%             | 2029-06-01      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5499                                                 | FREDDIE MAC FHR 5499 FH                                 | CUSIP: 3137HJWY9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    2578855 | PA      | $2592222.61   | 0.10%             | 2055-02-25      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| CSMC 2021-ADV TRUST                                                     | CREDIT SUISSE MORTGAGE TRUST CSMC 2021 ADV A 144A       | CUSIP: 12660WAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7900000 | PA      | $7197107.77   | 0.27%             | 2038-07-15      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| ALLY AUTO RECEIVABLES TRUST 2024-2                                      | ALLY AUTO RECEIVABLES TRUST ALLYA 2024 2 A3             | CUSIP: 02007NAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1000000 | PA      | $1002739.40   | 0.04%             | 2029-07-16      | Fixed         | 4.14%                 | No            |                  2 | On Loan: No      |
| WORLD OMNI AUTOMOBILE LEASE SECURITIZATION TRUST 2025-A                 | WORLD OMNI AUTOMOBILE LEASE SE WOLS 2025 A A3           | CUSIP: 98164PAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   11500000 | PA      | $11590302.60  | 0.43%             | 2028-04-17      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-6                                                | FANNIE MAE FNR 2025 6 FA                                | CUSIP: 3136BUTN0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    3759418 | PA      | $3783369.97   | 0.14%             | 2055-02-25      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| TOYOTA AUTO RECEIVABLES 2023-A OWNER TRUST                              | TOYOTA AUTO RECEIVABLES OWNER TAOT 2023 A A3            | CUSIP: 891940AC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1793009 | PA      | $1796919.83   | 0.07%             | 2027-09-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ROMARK CLO V LTD                                                        | ROMARK CLO LTD RMRK 2021 5A AR 144A                     | CUSIP: 77588PAN2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    8900000 | PA      | $8934473.08   | 0.33%             | 2035-01-15      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                      | TREASURY BILL 10/25 0.00000                             | CUSIP: 912797NA1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    2196000 | PA      | $2188846.95   | 0.08%             | 2025-10-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CANYON CLO 2020-1 LTD                                                   | CANYON CAPITAL CLO LTD CANYC 2020 1A AR2 144A           | CUSIP: 13876LAW7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    4000000 | PA      | $4003627.56   | 0.15%             | 2034-07-15      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| TIKEHAU CLO V BV 5A                                                     | TIKEHAU TIKEH 5A AR 144A                                | CUSIP: ACI2YQ816<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |    6750000 | PA      | $7916981.33   | 0.29%             | 2038-10-15      | Floating      | 3.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT SGD SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |          1 | NC      | $-41155.89    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                    | FNMA POOL 062687 FN 04/28 FLOATING VAR                  | CUSIP: 31362JUL7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        310 | PA      | $307.46       | 0.00%             | 2028-04-01      | Floating      | 4.52%                 | No            |                  2 | On Loan: No      |
| GREENSKY HOME IMPROVEMENT ISSUER TRUST 2025-2A                          | GREENSKY HOME IMPROVEMENT ISSU GSKY 2025 2A A4 144A     | CUSIP: 39571VAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1797576 | PA      | $1810042.20   | 0.07%             | 2060-06-25      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT NZD SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NZ        |          1 | NC      | $2024.70      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| POST ROAD EQUIPMENT FINANCE 2025-1 LLC                                  | POST ROAD EQUIPMENT FINANCE PREF 2025 1A A2 144A        | CUSIP: 73747LAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4000000 | PA      | $4033556.80   | 0.15%             | 2031-05-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                    | GNMA II POOL 082793 G2 04/41 FLOATING VAR               | CUSIP: 36225FC72<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     551881 | PA      | $564273.88    | 0.02%             | 2041-04-20      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| NAVIENT EDUCATION LOAN TRUST 2025-A                                     | NAVIENT EDUCATION LOAN TRUST NAVEL 2025 A A 144A        | CUSIP: 63943EAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3618468 | PA      | $3658182.00   | 0.14%             | 2055-07-15      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| LEHMAN XS TRUST 2005-5N                                                 | LEHMAN XS TRUST LXS 2005 5N 1A2                         | CUSIP: 86359DUM7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1906218 | PA      | $1897056.44   | 0.07%             | 2035-11-25      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| CITIGROUP MTGE LOAN TRUST INC 2005-11                                   | CITIGROUP MORTGAGE LOAN TRUST CMLTI 2005 11 A1A         | CUSIP: 17307GW53<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      15966 | PA      | $16149.43     | 0.00%             | 2035-05-25      | Floating      | 6.49%                 | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ASSET-BACKED CERT 2004-3                                    | COUNTRYWIDE ASSET BACKED CERTI CWL 2004 3 2A            | CUSIP: 1266714M5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     339422 | PA      | $333428.30    | 0.01%             | 2034-08-25      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFR USD SOFR/3.32500 12/01/25-4Y* LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $94212.00     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | J P MORGAN TERM REPO                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        |  169001858 | PA      | $169001858.00 | 6.24%             |  |  |  | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                       | NATWEST GROUP PLC SR UNSECURED 11/26 VAR                | CUSIP: 639057AG3<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    1400000 | PA      | $1404430.15   | 0.05%             | 2026-11-10      | Floating      | 7.47%                 | No            |                  2 | On Loan: No      |
| BMO 2022-C1 MORTGAGE TRUST                                              | BMO 2022 C1 MORTGAGE TRUST BMO 2022 C1 111A 144A        | CUSIP: 05609MCJ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5737000 | PA      | $5290273.01   | 0.20%             | 2055-02-17      | Variable      | 3.38%                 | No            |                  2 | On Loan: No      |
| BRAZIL GOVT                                                             | LETRA TESOURO NACIONAL BILLS 04/26 0.00000              | CUSIP: ACI2MFC91<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |  307600000 | PA      | $53990421.30  | 1.99%             | 2026-04-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| VW CREDIT INC                                                           | VW CR INC 10/25 ZCP                                     | CUSIP: 91842JX61<br>LEI: 549300UUPJ2NXDB68M19 | Long             | DBT              | CORP              | US        |    6000000 | PA      | $5995686.00   | 0.22%             | 2025-10-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| OPORTUN ISSUANCE TRUST 2025-1                                           | OPORTUN FUNDING LLC OPTN 2025 1 A 144A                  | CUSIP: 68377PAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1646512 | PA      | $1648797.20   | 0.06%             | 2032-08-16      | Fixed         | 4.96%                 | No            |                  2 | On Loan: No      |
| AG TRUST 2024-NLP                                                       | AG TRUST AG 2024 NLP A 144A                             | CUSIP: 00792MAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     760265 | PA      | $764027.34    | 0.03%             | 2041-07-15      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-1                                                | FANNIE MAE FNR 2025 1 FD                                | CUSIP: 3136BUZM5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1998703 | PA      | $2009794.41   | 0.07%             | 2055-02-25      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2021-R3                                      | VERUS SECURITIZATION TRUST VERUS 2021 R3 A1 144A        | CUSIP: 92538EAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1117265 | PA      | $1066669.43   | 0.04%             | 2064-04-25      | Fixed         | 1.02%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD ILS BOUGHT USD 20251113                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IL        |          1 | NC      | $-12257.31    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY ABS CAPITAL I 2007-HE3                                   | MORGAN STANLEY CAPITAL INC MSAC 2007 HE3 A2B            | CUSIP: 617538AB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3731051 | PA      | $1873595.35   | 0.07%             | 2036-12-25      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2025-R1                                      | VERUS SECURITIZATION TRUST VERUS 2025 R1 A1 144A        | CUSIP: 92541AAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4526660 | PA      | $4568211.13   | 0.17%             | 2065-05-25      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD TWD BOUGHT USD 20251020                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $742.97       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD CHF BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CH        |          1 | NC      | $-89.34       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CARMAX AUTO OWNER TRUST 2023-1                                          | CARMAX AUTO OWNER TRUST CARMX 2023 1 A3                 | CUSIP: 14318DAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1238262 | PA      | $1241018.38   | 0.05%             | 2027-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | GENERAL ELECTRIC COMPANY SNR S* ICE                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $13897.32     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | BARCLAYS BANK PLC SNR SE ICE                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | GB        |          1 | NC      | $4547.38      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ACCUNIA EUROPEAN CLO I DAC 1A                                           | ACCUNIA EUROPEAN CLO ACCUN 1A AR 144A                   | CUSIP: ACI19ZJ97<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |     271118 | PA      | $318473.58    | 0.01%             | 2030-07-15      | Floating      | 2.98%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY FINANCIAL                                                     | SYNCHRONY FINANCIAL SR UNSECURED 08/26 3.7              | CUSIP: 87165BAL7<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |     700000 | PA      | $695660.00    | 0.03%             | 2026-08-04      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                                            | ING GROEP NV SR UNSECURED 03/29 VAR                     | CUSIP: 456837BP7<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |   20800000 | PA      | $20910436.56  | 0.77%             | 2029-03-25      | Floating      | 5.18%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT TWD SOLD USD 20251014                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $-3948.70     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CHASE AUTO OWNER TRUST 2024-4A                                          | CHASE AUTO OWNER TRUST CHAOT 2024 4A A2 144A            | CUSIP: 16144YAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1106216 | PA      | $1108476.86   | 0.04%             | 2027-09-27      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ARROWMARK COLORADO HOLDINGS 2018-3A                                     | ELEVATION CLO LTD AWPT 2018 3A A1R2 144A                | CUSIP: 28623VAN9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    7700000 | PA      | $7727156.59   | 0.29%             | 2035-01-25      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| SANTANDER DRIVE AUTO RECEIVABLES TRUST 2023-6                           | SANTANDER DRIVE AUTO RECEIVABL SDART 2023 6 A3          | CUSIP: 80287DAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1591224 | PA      | $1597979.80   | 0.06%             | 2028-07-17      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2024-2A                           | WESTLAKE AUTOMOBILE RECEIVABLE WLAKE 2024 2A A2A 144A   | CUSIP: 96042YAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1214753 | PA      | $1217744.31   | 0.04%             | 2027-08-16      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CSMC TRUST 2021-RPL4                                                    | CREDIT SUISSE MORTGAGE TRUST CSMC 2021 RPL4 A1 144A     | CUSIP: 12662GAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1577035 | PA      | $1571821.09   | 0.06%             | 2060-12-27      | Variable      | 4.14%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                    | FNMA TBA 30 YR 5.5 SINGLE FAMILY MORTGAGE               | CUSIP: 01F0526B3<br>LEI: N/A                  | Short            | ABS-MBS          | USGSE             | US        |  -29475407 | PA      | $-29700953.99 | -1.10%            | 2054-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD EUR BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |          1 | NC      | $-3166.88     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                           | BOEING CO SR UNSECURED 02/27 2.7                        | CUSIP: 097023CM5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    8825000 | PA      | $8648371.68   | 0.32%             | 2027-02-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                    | GNMA II POOL 008814 G2 02/26 FLOATING VAR               | CUSIP: 36202KYK5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        201 | PA      | $200.33       | 0.00%             | 2026-02-20      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | US ULTRA BOND CBT DEC25 XCBT 20251219                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |       -393 | NC      | $-1258251.67  | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT TWD SOLD USD 20251020                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $-49.28       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ALGONQUIN POWER & UTILITIES CORP                                        | ALGONQUIN PWR + UTILITY SR UNSECURED 06/26 VAR          | CUSIP: 015857AF2<br>LEI: 549300K5VIUTJXQL7X75 | Long             | DBT              | CORP              | CA        |   21100000 | PA      | $21256498.49  | 0.78%             | 2026-06-15      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT CZK SOLD USD 20251217                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CZ        |          1 | NC      | $-116.29      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFRF USD SF+26.161/2.00 01/15/20-10Y LCH                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $546965.83    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFICATES Q034       | FHLMC MULTIFAMILY STRUCTURED P FHMS Q034 APT2           | CUSIP: 3137HLY30<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    7618749 | PA      | $7249708.30   | 0.27%             | 2054-07-25      | Floating      | 2.87%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ALT-A TR 2004-12                                           | BEAR STEARNS ALT A TRUST BALTA 2004 12 1M2              | CUSIP: 07386HNV9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2247699 | PA      | $2208951.36   | 0.08%             | 2035-01-25      | Floating      | 5.85%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                    | FNMA POOL MA3414 FN 07/48 FIXED 3.5                     | CUSIP: 31418CYL2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     535568 | PA      | $497473.11    | 0.02%             | 2048-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PRPM 2025-4A LLC                                                        | RESEARCH DRIVEN PAGAYA MOTOR A RPM 2025 4A A2 144A      | CUSIP: 76089MAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3300000 | PA      | $3316790.40   | 0.12%             | 2034-04-25      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SPTR TRS EQUITY FEDL01+68 CIB                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |          1 | NC      | $220214.50    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| CARVANA AUTO RECEIVABLES TRUST 2024-N1                                  | CARVANA AUTO RECEIVABLES TRUST CRVNA 2024 N1 A3 144A    | CUSIP: 14687QAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1854074 | PA      | $1859191.85   | 0.07%             | 2028-03-10      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD JPY BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |          1 | NC      | $-1109.76     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD JPY BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |          1 | NC      | $-687.69      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                    | FNMA POOL FA0012 FN 11/54 FIXED VAR                     | CUSIP: 3140W0AN5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    9170814 | PA      | $9431068.59   | 0.35%             | 2054-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CARVANA AUTO RECEIVABLES TRUST 2024-N2                                  | CARVANA AUTO RECEIVABLES TRUST CRVNA 2024 N2 A2 144A    | CUSIP: 14687VAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     664900 | PA      | $665495.34    | 0.02%             | 2027-08-10      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                     | NOMURA HOLDINGS INC SR UNSECURED 07/26 1.653            | CUSIP: 65535HAW9<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |    1000000 | PA      | $981115.04    | 0.04%             | 2026-07-14      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD TWD BOUGHT USD 20251020                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $754.22       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ALLY AUTO RECEIVABLES TRUST 2023-1                                      | ALLY AUTO RECEIVABLES TRUST ALLYA 2023 1 A3             | CUSIP: 02007WAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2206217 | PA      | $2225725.53   | 0.08%             | 2028-05-15      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                      | SOUTHERN CAL EDISON 1ST MORTGAGE 03/26 5.35             | CUSIP: 842400JB0<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    2300000 | PA      | $2309237.51   | 0.09%             | 2026-03-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST 2023-2               | GM FINANCIAL CONSUMER AUTOMOBI GMCAR 2023 2 A3          | CUSIP: 362583AD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     557682 | PA      | $558742.74    | 0.02%             | 2028-02-16      | Fixed         | 4.47%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FUNDING LIMITED                                         | AVOLON HOLDINGS FNDG LTD COMPANY GUAR 144A 05/26 4.375  | CUSIP: 05401AAG6<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |    2300000 | PA      | $2298940.41   | 0.08%             | 2026-05-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT GRANTOR TRUST 2024-9                                     | PAGAYA AI DEBT SELECTION TRUST PAID 2024 9 A 144A       | CUSIP: 69546QAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     967890 | PA      | $970857.79    | 0.04%             | 2032-03-15      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD                                             | ROYAL CARIBBEAN CRUISES SR UNSECURED 144A 07/26 4.25    | CUSIP: 780153BH4<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    1400000 | PA      | $1399239.70   | 0.05%             | 2026-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                      | SOUTHERN CAL EDISON 1ST MORTGAGE 10/28 5.65             | CUSIP: 842400HY2<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     100000 | PA      | $103199.36    | 0.00%             | 2028-10-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD EUR BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |          1 | NC      | $-313602.41   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5500                                                 | FREDDIE MAC FHR 5500 FA                                 | CUSIP: 3137HJAP2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1353406 | PA      | $1360819.84   | 0.05%             | 2055-02-25      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | IRS PLN 5.01000 11/05/24-5Y* CME                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | PL        |          1 | NC      | $-428761.53   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY MORTGAGE TRUST 2021-FL2                               | STARWOOD COMMERCIAL MORTGAGE T STWD 2021 FL2 A 144A     | CUSIP: 78486BAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    2776505 | PA      | $2785363.19   | 0.10%             | 2038-04-18      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD BRL BOUGHT USD 20260402                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-1263434.58  | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FUNDING LIMITED                                         | AVOLON HOLDINGS FNDG LTD COMPANY GUAR 144A 02/26 2.125  | CUSIP: 05401AAM3<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |     161000 | PA      | $159363.16    | 0.01%             | 2026-02-21      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                   | FED HM LN PC POOL QX4071 FR 01/55 FIXED 6               | CUSIP: 31425YQZ3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     325716 | PA      | $338731.29    | 0.01%             | 2055-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                    | FNMA POOL BZ0937 FN 05/29 FIXED 4.73                    | CUSIP: 3140NVBF3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    2700000 | PA      | $2755469.31   | 0.10%             | 2029-05-01      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                    | FNMA POOL BZ1411 FN 07/29 FIXED 4.61                    | CUSIP: 3140NVR90<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   10300000 | PA      | $10479569.79  | 0.39%             | 2029-07-01      | Fixed         | 4.61%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                   | FED HM LN PC POOL C01615 FG 08/33 FIXED 6               | CUSIP: 31292HYL2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       2502 | PA      | $2573.22      | 0.00%             | 2033-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT GRANTOR TRUST 2024-6                                     | PAGAYA AI DEBT SELECTION TRUST PAID 2024 6 A 144A       | CUSIP: 69548KAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     764572 | PA      | $770100.77    | 0.03%             | 2031-11-15      | Fixed         | 6.09%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE 2007-42                                                      | FANNIE MAE FNR 2007 42 AF                               | CUSIP: 31396VN53<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      12262 | PA      | $12054.98     | 0.00%             | 2037-05-25      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| REGATTA XXIII FUNDING LTD                                               | REGATTA XXIII FUNDING LTD REG23 2021 4A A1 144A         | CUSIP: 75889FAC8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   10868000 | PA      | $10909786.92  | 0.40%             | 2035-01-20      | Floating      | 5.74%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5508                                                 | FREDDIE MAC FHR 5508 DF                                 | CUSIP: 3137HJG84<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     827936 | PA      | $830200.22    | 0.03%             | 2055-02-25      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| LONG BEACH MORTGAGE LOAD TR 2006-1                                      | LONG BEACH MORTGAGE LOAN TRUST LBMLT 2006 1 1A          | CUSIP: 542514RH9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     456130 | PA      | $451378.58    | 0.02%             | 2036-02-25      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT MXN SOLD USD 20251217                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | MX        |          1 | NC      | $390.45       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD TWD BOUGHT USD 20251020                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $676.58       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT CNH SOLD USD 20251016                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $-11252.55    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA (VMED O2 UK FINANCING I PLC)                               | VMED O2 UK FINANCING I VMED O2 UK FINANCING I           | CUSIP: 92858RAD2<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |     400000 | PA      | $420755.20    | 0.02%             | 2032-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD CAD BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CA        |          1 | NC      | $3543.63      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| VIPER ENERGY PARTNERS LLC                                               | VIPER ENERGY PARTNERS LL COMPANY GUAR 08/30 4.9         | CUSIP: 92764MAA2<br>LEI: 54930010ZZ02MRGRI973 | Long             | DBT              | CORP              | US        |    6700000 | PA      | $6755252.22   | 0.25%             | 2030-08-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2023-C                                 | SMB PRIVATE EDUCATION LOAN TRU SMB 2023 C A1B 144A      | CUSIP: 83207DAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     858262 | PA      | $867719.91    | 0.03%             | 2052-11-15      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                    | FNMA TBA 30 YR 6 SINGLE FAMILY MORTGAGE                 | CUSIP: 01F0606B6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  272600000 | PA      | $278452855.57 | 10.28%            | 2054-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE 2009-111                                                     | FANNIE MAE FNR 2009 111 FE                              | CUSIP: 31398GRA9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      22549 | PA      | $22583.09     | 0.00%             | 2040-01-25      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| AFFIRM MASTER TRUST 2025-2A                                             | AFFIRM MASTER TRUST AFRMT 2025 2A A 144A                | CUSIP: 00833BAG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    8600000 | PA      | $8654658.16   | 0.32%             | 2033-07-15      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| GLS AUTO RECEIVABLES ISSUER TRUST 2024-4A                               | GLS AUTO RECEIVABLES TRUST GCAR 2024 4A A2 144A         | CUSIP: 36270YAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1355299 | PA      | $1356403.51   | 0.05%             | 2027-10-15      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD TWD BOUGHT USD 20251014                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $2989.13      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SFS AUTO RECEIVABLES SECURITIZATION TRUST 2025-2A                       | SFS AUTO RECEIVABLES SECURITIZ SFAST 2025 2A A3 144A    | CUSIP: 78398HAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    9500000 | PA      | $9584736.20   | 0.35%             | 2030-12-20      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT BRL SOLD USD 20251104                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-342.85      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SPTR TRS EQUITY SOFR+48 BPS                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |          1 | NC      | $480374.06    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SPTR TRS EQUITY SOFR+53 RBC                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |          1 | NC      | $1553848.41   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| GCAT LLC 2019-RPL1                                                      | GCAT GCAT 2019 RPL1 A1 144A                             | CUSIP: 36167CAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3517153 | PA      | $3431341.69   | 0.13%             | 2068-10-25      | Variable      | 2.65%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT PLN SOLD USD 20251022                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PL        |          1 | NC      | $161.77       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| STRUCTURED ASSET MTGE INV 1999-1                                        | STRUCTURED ASSET MORTGAGE INVE SAMI 1999 1 2A           | CUSIP: 86358HGW3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      38761 | PA      | $37828.51     | 0.00%             | 2029-06-25      | Floating      | 3.90%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                    | FNMA POOL 758900 FN 12/33 FLOATING VAR                  | CUSIP: 31403VDD8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      31387 | PA      | $32022.57     | 0.00%             | 2033-12-01      | Floating      | 6.60%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                      | SOUTHERN CAL EDISON 1ST REF MORT 03/28 3.65             | CUSIP: 842400GJ6<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     400000 | PA      | $393187.34    | 0.01%             | 2028-03-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT JPY SOLD USD 20251104                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |          1 | NC      | $687.03       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                      | ENERGY TRANSFER LP SR UNSECURED 04/30 5.2               | CUSIP: 29273VBD1<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     300000 | PA      | $309452.26    | 0.01%             | 2030-04-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| AQUA FINANCE ISSUER TRUST 2025-B                                        | AQUA FINANCE TRUST AQFIT 2025 B A 144A                  | CUSIP: 03837GAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    5911281 | PA      | $5950375.38   | 0.22%             | 2051-05-17      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | US 10YR NOTE (CBT)DEC25 XCBT 20251219                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |      -2183 | NC      | $-1084755.30  | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT BRL SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-2904.55     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CHASE HOME LENDING MORTGAGE TRUST 2024-6                                | CHASE MORTGAGE FINANCE CORPORA CHASE 2024 6 A11 144A    | CUSIP: 161931AP5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3890959 | PA      | $3886210.88   | 0.14%             | 2055-05-25      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2025-6                                       | VERUS SECURITIZATION TRUST VERUS 2025 6 A1 144A         | CUSIP: 92540YAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5521098 | PA      | $5567906.47   | 0.21%             | 2070-07-25      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD KRW BOUGHT USD 20251010                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KR        |          1 | NC      | $27152.86     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| NELNET STUDENT LOAN TRUST 2023-AA                                       | NELNET STUDENT LOAN TRUST NSLT 2023 AA AFX 144A         | CUSIP: 64032PAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     552402 | PA      | $572851.12    | 0.02%             | 2041-02-20      | Fixed         | 6.64%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO MTGE BK SEC TR 2006-AR5                                     | WELLS FARGO MORTGAGE BACKED SE WFMBS 2006 AR5 1A1       | CUSIP: 94983RAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     829003 | PA      | $838062.09    | 0.03%             | 2036-04-25      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                    | GNMA II POOL 008709 G2 10/25 FLOATING VAR               | CUSIP: 36202KVA0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |          7 | PA      | $7.38         | 0.00%             | 2025-10-20      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INTERNATIONAL CORP (CCI)                                   | CROWN CASTLE                                            | CUSIP: 22823PX73<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |   14600000 | PA      | $14586912.56  | 0.54%             | 2025-10-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CARMAX AUTO OWNER TRUST 2025-3                                          | CARMAX AUTO OWNER TRUST CARMX 2025 3 A3                 | CUSIP: 14290FAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   10600000 | PA      | $10694628.32  | 0.39%             | 2030-07-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT CNH SOLD USD 20251016                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $-90.73       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT JPY SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |          1 | NC      | $-170.13      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FIRST FRANKLIN MORTGAGE LOAN TRUST 2006-FF7                             | FIRST FRANKLIN MTG LOAN ASSET FFML 2006 FF7 2A4         | CUSIP: 320277AF3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   12141200 | PA      | $10644027.35  | 0.39%             | 2036-05-25      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD ZAR BOUGHT USD 20251120                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |          1 | NC      | $-11063.20    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                           | FORD MOTOR CREDIT CO LLC SR UNSECURED 03/27 5.8         | CUSIP: 345397D83<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    4900000 | PA      | $4951040.80   | 0.18%             | 2027-03-05      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFR USD SOFR/3.79114 09/02/25-7Y* LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $1771603.48   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFR USD SOFR/3.00000 06/21/23-10Y CME                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $1095586.98   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| CS FIRST BOSTON MTGE SEC CORP 2002-AR21                                 | CREDIT SUISSE FIRST BOSTON MOR CSFB 2002 AR21 1A1       | CUSIP: 22540V4R0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |        468 | PA      | $393.42       | 0.00%             | 2032-06-25      | Floating      | 0.10%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                      | TSY INFL IX N/B 04/30 1.625                             | CUSIP: 91282CNB3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   46577943 | PA      | $47306785.34  | 1.75%             | 2030-04-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD ILS BOUGHT USD 20251015                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IL        |          1 | NC      | $-1102.40     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BMW VEHICLE OWNER TRUST 2023-A                                          | BMW VEHICLE OWNER TRUST BMWOT 2023 A A3                 | CUSIP: 05592XAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1736731 | PA      | $1749211.75   | 0.06%             | 2028-02-25      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD BRL BOUGHT USD 20260402                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-1950.50     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                           | FORD MOTOR CREDIT CO LLC SR UNSECURED 01/27 4.271       | CUSIP: 345397A45<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     400000 | PA      | $396871.10    | 0.01%             | 2027-01-09      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| SANTANDER DRIVE AUTO RECEIVABLES TRUST 2024-5                           | SANTANDER DRIVE AUTO RECEIVABL SDART 2024 5 A2          | CUSIP: 802920AC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1814934 | PA      | $1815728.48   | 0.07%             | 2027-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| THE CAMPBELLS COMPANY                                                   | CAMPBELL SOUP CO.                                       | CUSIP: 13443CX97<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |    1100000 | PA      | $1098786.81   | 0.04%             | 2025-10-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| DELL INTERNATIONAL LLC / EMC CORP                                       | DELL INT LLC / EMC CORP SR UNSECURED 10/26 4.9          | CUSIP: 24703TAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     775000 | PA      | $779508.21    | 0.03%             | 2026-10-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD GBP BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | GB        |          1 | NC      | $45287.19     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-18                                               | FANNIE MAE FNR 2025 18 FA                               | CUSIP: 3136BU7K0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    2364519 | PA      | $2374472.78   | 0.09%             | 2053-11-25      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT AUD SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | AU        |          1 | NC      | $7764.54      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                 | HYUNDAI CAPITAL AMERICA SR UNSECURED REGS 03/30 VAR     | CUSIP: 44891CDT7<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   10000000 | PA      | $10093067.20  | 0.37%             | 2030-03-27      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SPTR TRS EQUITY SOFR+47 CIB                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |          1 | NC      | $214899.33    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT BRL SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $30605.68     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                   | FED HM LN PC POOL 849407 FH 09/37 FLOATING VAR          | CUSIP: 31300MNY5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     195256 | PA      | $202327.46    | 0.01%             | 2037-09-01      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SPTR TRS EQUITY FEDL01+81 RBC                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |          1 | NC      | $1058807.10   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| BEAR STEARNS ADJUSTABLE RATE MORTGAGE TRUST 2003-8                      | BEAR STEARNS ADJUSTABLE RATE M BSARM 2003 8 4A1         | CUSIP: 07384MZV7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     113870 | PA      | $113940.30    | 0.00%             | 2034-01-25      | Floating      | 6.51%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | US 10YR ULTRA FUT DEC25 XCBT 20251219                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |       -206 | NC      | $3633.38      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT PLN SOLD USD 20251022                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PL        |          1 | NC      | $24483.68     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                       | HSBC HOLDINGS PLC SR UNSECURED 05/31 VAR                | CUSIP: 404280EZ8<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    4600000 | PA      | $4693059.61   | 0.17%             | 2031-05-13      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD NZD BOUGHT USD 20251104                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NZ        |          1 | NC      | $-93.63       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CHASE FUNDING MORTGAGE LOAN AS 2002-4                                   | CHASE FUNDING MORTGAGE LOAN AS CFAB 2002 4 2A1          | CUSIP: 161546DQ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      33213 | PA      | $33181.37     | 0.00%             | 2032-10-25      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT BRL SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $164145.35    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                    | FNMA POOL 064730 FN 11/27 FLOATING VAR                  | CUSIP: 31362L4P2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        693 | PA      | $687.92       | 0.00%             | 2027-11-01      | Floating      | 4.53%                 | No            |                  2 | On Loan: No      |
| SPECIALTY UNDERWRITING & RESID 2005-BC2                                 | SPECIALTY UNDERWRITING + RESID SURF 2005 BC2 M3         | CUSIP: 84751PFW4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      42220 | PA      | $42033.91     | 0.00%             | 2035-12-25      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SPTR TRS EQUITY SOFR+61 *BULLET* CIB                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |          1 | NC      | $21347124.87  | 0.79%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | 317UADSA1 PIMCO SWAPTION 3.65 PUT USD 20260909          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   44400000 | NC      | $48187.32     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST 2025-8                                         | ANGEL OAK MORTGAGE TRUST AOMT 2025 8 A1 144A            | CUSIP: 03466UAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6539706 | PA      | $6591615.31   | 0.24%             | 2070-07-25      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP (AKA: AMERICAN TOWER REIT INC)                      | AMERICAN TOWER CORP SR UNSECURED 01/27 3.125            | CUSIP: 03027XAM2<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |    1122000 | PA      | $1106893.36   | 0.04%             | 2027-01-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD BRL BOUGHT USD 20260402                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-55675.48    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ARIVO ACCEPTANCE AUTO LOAN RECEIVABLES TRUST 2025-1A                    | ARIVO ACCEPTANCE AUTO LOAN REC ARIVO 2025 1A A2 144A    | CUSIP: 039962AF2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2000000 | PA      | $2002471.60   | 0.07%             | 2029-05-15      | Fixed         | 4.92%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                   | FED HM LN PC POOL C91238 FG 01/29 FIXED 5               | CUSIP: 3128P7LT8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      10411 | PA      | $10400.71     | 0.00%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BEIGNET INVESTOR LLC                                                    | PROJECT BEIGNET SR SEC 144A PROJECT BEIGNET SR SEC 144A | CUSIP: 990AAXQG4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6700000 | PA      | $6700000.00   | 0.25%             | 2049-06-01      | Fixed         | 6.85%                 | No            |                  3 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2025-156                       | GOVERNMENT NATIONAL MORTGAGE A GNR 2025 156 JF          | CUSIP: 38383BBP6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   14548747 | PA      | $14554780.37  | 0.54%             | 2055-09-20      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY ABS CAPITAL I 2006-HE7                                   | MORGAN STANLEY CAPITAL INC MSAC 2006 HE7 A2FP           | CUSIP: 61750MAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      25906 | PA      | $11187.94     | 0.00%             | 2036-09-25      | Floating      | 4.43%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFR USD SOFR/3.75000 12/18/24-2Y CME                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $430378.69    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                                                      | FORD MOTOR COMPANY SR UNSECURED 12/26 4.346             | CUSIP: 345370CR9<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    2000000 | PA      | $1992118.96   | 0.07%             | 2026-12-08      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | 317UADDA7 PIMCO SWAPTION 3.65 PUT USD 20260909          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |  573000000 | NC      | $621876.90    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| PIMCO FUNDS                                                             | PIMCO SHORT ASSET PORTFOLIO MUTUAL FUND                 | CUSIP: 000000000<br>LEI: 549300F9QJIJF2GM8419 | Long             | STIV             | RF                | US        |   13695786 | PA      | $134369353.36 | 4.96%             |  |  |  | No            |                  1 | On Loan: No      |
| FANNIE MAE REMICS 2018-27                                               | FANNIE MAE FNR 2018 27 WF                               | CUSIP: 3136B1M35<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     320531 | PA      | $315352.42    | 0.01%             | 2058-05-25      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SPTR TRS EQUITY SOFR+62 RBC                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |          1 | NC      | $1948813.90   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                      | SO. CALIF EDISON                                        | CUSIP: 8424C0YE4<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    8700000 | PA      | $8650736.25   | 0.32%             | 2025-11-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT CZK SOLD USD 20251217                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CZ        |          1 | NC      | $-175.02      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| REACH ABS TRUST 2025-2A                                                 | REACH FINANCIAL LLC REACH 2025 2A A 144A                | CUSIP: 75525QAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    5285032 | PA      | $5307460.22   | 0.20%             | 2032-08-18      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORPORATION                                                 | BAT CAPITAL CORP COMPANY GUAR 09/26 3.215               | CUSIP: 05526DBJ3<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    5900000 | PA      | $5856541.37   | 0.22%             | 2026-09-06      | Fixed         | 3.21%                 | No            |                  2 | On Loan: No      |
| ASHFORD HOSPITALITY TRUST 2018-ASHF                                     | ASHFORD HOSPITALITY TRUST AHT1 2018 ASHF B 144A         | CUSIP: 04410RAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7105000 | PA      | $7105444.06   | 0.26%             | 2035-04-15      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BUILDING SOCIETY                                             | NATIONWIDE BLDG SOCIETY 144A 07/29 VAR                  | CUSIP: 63861VAL1<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |   10500000 | PA      | $10520710.83  | 0.39%             | 2029-07-14      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                      | SOUTHERN CAL EDISON 1ST MORTGAGE 02/27 4.875            | CUSIP: 842400JA2<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    2600000 | PA      | $2616093.06   | 0.10%             | 2027-02-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SPTR TRS EQUITY SOFR+63 RBC                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |          1 | NC      | $159607.76    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-12                                               | FANNIE MAE FNR 2025 12 FG                               | CUSIP: 3136BVFH6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    2454250 | PA      | $2464373.15   | 0.09%             | 2055-03-25      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT EUR SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |          1 | NC      | $-20778.70    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | BANK OF AMERICA CORPORATION SNR S* ICE                  | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $51783.95     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SAUDI ARABIA GOVT                                                       | SAUDI INTERNATIONAL BOND SR UNSECURED 144A 01/28 5.125  | CUSIP: 80413TBJ7<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    9500000 | PA      | $9709014.16   | 0.36%             | 2028-01-13      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                   | ATHENE GLOBAL FUNDING SECURED 144A 07/30 5.033          | CUSIP: 04685A4R9<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    1100000 | PA      | $1118149.87   | 0.04%             | 2030-07-17      | Fixed         | 5.03%                 | No            |                  2 | On Loan: No      |
| PRETIUM MORTGAGE CREDIT PARTNERS LLC 2021-RN2                           | PRETIUM MORTGAGE CREDIT PARTNE PRET 2021 RN2 A1 144A    | CUSIP: 74143FAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1195378 | PA      | $1195268.90   | 0.04%             | 2051-07-25      | Variable      | 5.74%                 | No            |                  2 | On Loan: No      |
| AES CORPORATION                                                         | AES CORP DISC COML PAPER 10/25 ZCP                      | CUSIP: 00809GX77<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |    4000000 | PA      | $3996515.60   | 0.15%             | 2025-10-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT BRL SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $12280.85     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE 2009-47                                                      | FANNIE MAE FNR 2009 47 FA                               | CUSIP: 31396QFA2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      20428 | PA      | $20614.23     | 0.00%             | 2039-07-25      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                | LLOYDS BANKING GROUP PLC SR UNSECURED 11/28 VAR         | CUSIP: 539439BB4<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   25000000 | PA      | $25142503.00  | 0.93%             | 2028-11-26      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2016-H07                       | GOVERNMENT NATIONAL MORTGAGE A GNR 2016 H07 FK          | CUSIP: 38376RRL2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     307804 | PA      | $309412.45    | 0.01%             | 2066-03-20      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC 3597                                                        | FREDDIE MAC FHR 3597 FC                                 | CUSIP: 31398L5U8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      12368 | PA      | $12429.49     | 0.00%             | 2039-11-15      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD PLN BOUGHT USD 20251015                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PL        |          1 | NC      | $-218.90      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2021-R3                                      | VERUS SECURITIZATION TRUST VERUS 2021 R3 A2 144A        | CUSIP: 92538EAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     141884 | PA      | $134789.83    | 0.00%             | 2064-04-25      | Fixed         | 1.28%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC                                                        | BERRY GLOBAL INC SR SECURED 01/27 1.65                  | CUSIP: 08576PAF8<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |     600000 | PA      | $581439.13    | 0.02%             | 2027-01-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| PRPM 2024-NQM1 TRUST                                                    | PRP ADVISORS, LLC PRPM 2024 NQM1 A1 144A                | CUSIP: 693977AA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1209054 | PA      | $1223381.37   | 0.05%             | 2068-12-25      | Fixed         | 6.26%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                 | HCA INC DISC COML PAPER 4/A2 Y 10/25 ZCP                | CUSIP: 40412BXN8<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   11900000 | PA      | $11866305.15  | 0.44%             | 2025-10-22      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT TWD SOLD USD 20251020                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $-3017.91     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SOFI PROFESSIONAL LOAN PROGRAM LLC 2020-A                               | SOCIAL PROFESSIONAL LOAN PROGR SOFI 2020 A A2FX 144A    | CUSIP: 83406TAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1083960 | PA      | $1049242.34   | 0.04%             | 2046-05-15      | Fixed         | 2.54%                 | No            |                  2 | On Loan: No      |
| GLS AUTO SELECT RECEIVABLES TRUST 2023-1A                               | GLS AUTO SELECT RECEIVABLES TR GSAR 2023 1A A3 144A     | CUSIP: 36267FAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3117570 | PA      | $3146014.41   | 0.12%             | 2028-10-16      | Fixed         | 5.96%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INTERNATIONAL CORP (CCI)                                   | CROWN CASTLE                                            | CUSIP: 22823PXM0<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |    9800000 | PA      | $9773589.00   | 0.36%             | 2025-10-21      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT JPY SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |          1 | NC      | $-139.69      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT IDR SOLD USD 20251010                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ID        |          1 | NC      | $-188.62      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT CHF SOLD USD 20251104                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CH        |          1 | NC      | $90.50        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                                  | STANDARD CHARTERED PLC SR UNSECURED 144A 07/27 VAR      | CUSIP: 853254CT5<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |   11100000 | PA      | $11248913.38  | 0.42%             | 2027-07-06      | Floating      | 6.19%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                    | FNMA POOL 795297 FN 07/44 FLOATING VAR                  | CUSIP: 31405PRS1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       7896 | PA      | $7951.18      | 0.00%             | 2044-07-01      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| AUTO ABS SPANISH LOANS 2022-1 FONDO TITULIZACION 22-1                   | AUTO ABS COMP 2022 1 A REGS                             | CUSIP: ACI25X1H5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | ES        |    1788462 | PA      | $2101433.21   | 0.08%             | 2032-02-28      | Floating      | 2.50%                 | No            |                  2 | On Loan: No      |
| TCW CLO AMR LTD 2019-1A                                                 | TCW CLO 2019 1 AMR, LTD. TCW 2019 1A ASNR 144A          | CUSIP: 87241EAQ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    4000000 | PA      | $4006326.16   | 0.15%             | 2034-08-16      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| M&T BANK AUTO RECEIVABLES TRUST 2024-1A                                 | M+T BANK AUTO RECEIVABLES TRUS MTBAT 2024 1A A2 144A    | CUSIP: 55286TAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     233442 | PA      | $233798.94    | 0.01%             | 2032-02-17      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | REPO BANK AMERICA REPO                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        |    6900000 | PA      | $6900000.00   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                           | FORD MOTOR CREDIT CO LLC SR UNSECURED 08/27 4.125       | CUSIP: 345397A86<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     400000 | PA      | $393537.63    | 0.01%             | 2027-08-17      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT JPY SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |          1 | NC      | $-209.57      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT TWD SOLD USD 20251020                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $28.35        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| AMERIQUEST MTGE SECURITIES INC 2004-R12                                 | AMERIQUEST MORTGAGE SECURITIES AMSI 2004 R12 M2         | CUSIP: 03072SXE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     218412 | PA      | $223689.86    | 0.01%             | 2035-01-25      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| RESIDENTIAL ASSET MTGE PROD 2005-EFC1                                   | RESIDENTIAL ASSET MORTGAGE PRO RAMP 2005 EFC1 M6        | CUSIP: 76112BRR3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2830309 | PA      | $2768758.38   | 0.10%             | 2035-05-25      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP (AKA: AMERICAN TOWER REIT INC)                      | AMERICAN TOWER CORP SR UNSECURED 01/27 2.75             | CUSIP: 03027XAX8<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |    5786000 | PA      | $5685853.08   | 0.21%             | 2027-01-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| SCCU AUTO RECEIVABLES TRUST 2025-1 2025-1A                              | SPACE COAST CREDIT UNION SCCU 2025 1A A3 144A           | CUSIP: 80620BAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    8100000 | PA      | $8164834.83   | 0.30%             | 2031-01-15      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| ACHV ABS TRUST 2024-3AL                                                 | ACHV ABS TRUST ACHV 2024 3AL A 144A                     | CUSIP: 00092KAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     945082 | PA      | $954193.78    | 0.04%             | 2031-12-26      | Fixed         | 5.01%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INTERNATIONAL CORP (CCI)                                   | CROWN CASTLE INC SR UNSECURED 03/27 2.9                 | CUSIP: 22822VAZ4<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |    8318000 | PA      | $8161159.87   | 0.30%             | 2027-03-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                    | GNMA II POOL 080171 G2 02/28 FLOATING VAR               | CUSIP: 36225CFM3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        193 | PA      | $193.54       | 0.00%             | 2028-02-20      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD BRL BOUGHT USD 20260402                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-119145.57   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                       | NATWEST GROUP PLC SR UNSECURED 05/29 VAR                | CUSIP: 639057AU2<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    4900000 | PA      | $4922195.97   | 0.18%             | 2029-05-23      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                           | FORD MOTOR CREDIT CO LLC SR UNSECURED 08/26 4.542       | CUSIP: 345397ZW6<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    1600000 | PA      | $1599025.62   | 0.06%             | 2026-08-01      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| MF1 2020-FL4 LTD                                                        | MF1 MULTIFAMILY HOUSING MORTGA MF1 2020 FL4 AS 144A     | CUSIP: 58003UAC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   12000000 | PA      | $12027606.96  | 0.44%             | 2035-12-15      | Floating      | 6.36%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5510                                                 | FREDDIE MAC FHR 5510 FM                                 | CUSIP: 3137HJMT1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   16321023 | PA      | $16386589.75  | 0.60%             | 2055-02-25      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORPORATION                                                   | AIR LEASE CORP DISC COML PAPER 10/25 ZCP                | CUSIP: 00913WXE0<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    2000000 | PA      | $1996444.40   | 0.07%             | 2025-10-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFR USD SOFR/3.75000 06/20/24-4Y CME                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $-66812.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HA SUSTAINABLE INFRASTRUCTURE CAPITAL INC                               | A SUSTAINABLE INFRASTRUCTURE C 10/25 ZCP                | CUSIP: 40460JX10<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | DBT              | CORP              | US        |     300000 | PA      | $299957.79    | 0.01%             | 2025-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD TWD BOUGHT USD 20251020                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $533.06       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT KRW SOLD USD 20251010                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KR        |          1 | NC      | $-973.75      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST               | AERCAP IRELAND CAP/GLOBA COMPANY GUAR 10/26 2.45        | CUSIP: 00774MAV7<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    2600000 | PA      | $2555190.74   | 0.09%             | 2026-10-29      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BNP PARIBAS SNR SE ICE                                  | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | FR        |          1 | NC      | $989.94       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD ZAR BOUGHT USD 20260617                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |          1 | NC      | $-11082.22    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| AIR LEASE CORPORATION                                                   | AIR LEASE CORP DISC COML PAPER 10/25 ZCP                | CUSIP: 00913WX26<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     500000 | PA      | $499875.10    | 0.02%             | 2025-10-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD BRL BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-165535.91   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| ISHARES CORE S&P 500 ETF                                                | ISHARES CORE S+P 500 ETF ISHARES CORE S+P 500 ETF       | CUSIP: 464287200<br>LEI: 5493007M4YMN8XL48C14 | Long             | EC               | CORP              | US        |     181900 | NS      | $121745670.00 | 4.49%             |  |  |  | No            |                  1 | On Loan: No      |
| UMBS PASS THRU POOLS                                                    | FNMA TBA 30 YR 6 SINGLE FAMILY MORTGAGE                 | CUSIP: 01F0606A8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    5700000 | PA      | $5823940.34   | 0.22%             | 2054-10-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT JPY SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |          1 | NC      | $-16181.65    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT KRW SOLD USD 20251022                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KR        |          1 | NC      | $-221.57      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ARIVO ACCEPTANCE AUTO LOAN RECEIVABLES TRUST 2025-1A                    | ARIVO ACCEPTANCE AUTO LOAN REC ARIVO 2025 1A A1 144A    | CUSIP: 039962AA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1774085 | PA      | $1774680.52   | 0.07%             | 2026-07-15      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| TOYOTA AUTO RECEIVABLES 2024-D OWNER TRUST                              | TOYOTA AUTO RECEIVABLES OWNER TAOT 2024 D A2A           | CUSIP: 89239TAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2020563 | PA      | $2023194.62   | 0.07%             | 2027-08-16      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING AESOP 2023-7A LLC                        | AVIS BUDGET RENTAL CAR FUNDING AESOP 2023 7A A 144A     | CUSIP: 05377RHL1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4500000 | PA      | $4626872.55   | 0.17%             | 2028-08-21      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP OF AMERICA FINANCE LLC                                 | VOLKSWAGEN GROUP AMERICA COMPANY GUAR 144A 11/25 1.25   | CUSIP: 928668BL5<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |    1800000 | PA      | $1791562.01   | 0.07%             | 2025-11-24      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2025-2A                           | WESTLAKE AUTOMOBILE RECEIVABLE WLAKE 2025 2A B 144A     | CUSIP: 96041KAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    8100000 | PA      | $8147336.40   | 0.30%             | 2031-01-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORPORATION                                                   | AIR LEASE CORP DISC COML PAPER 10/25 ZCP                | CUSIP: 00913WX75<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    1600000 | PA      | $1598603.04   | 0.06%             | 2025-10-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ANCHORAGE CREDIT FUNDING 25-18A LTD                                     | ANCHORAGE CREDIT FUNDING LTD. ANCHF 2025 18A A 144A     | CUSIP: 03331MAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    5600000 | PA      | $5618377.07   | 0.21%             | 2040-10-22      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                    | FNMA TBA 30 YR 4 SINGLE FAMILY MORTGAGE                 | CUSIP: 01F0406B8<br>LEI: N/A                  | Short            | ABS-MBS          | USGSE             | US        |  -21600000 | PA      | $-20355029.14 | -0.75%            | 2055-11-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-65                                               | FANNIE MAE FNR 2025 65 FH                               | CUSIP: 3136BWW85<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    7476660 | PA      | $7475750.65   | 0.28%             | 2055-08-25      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | 317UADGA4 PIMCO SWAPTION 3.65 PUT USD 20260909          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |  462800000 | NC      | $502276.84    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD ZAR BOUGHT USD 20251120                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |          1 | NC      | $-13907.40    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FOX CORPORATION                                                         | FOX CORP SR UNSECURED 01/29 4.709                       | CUSIP: 35137LAH8<br>LEI: 549300DDU6FDRBIELS05 | Long             | DBT              | CORP              | US        |    4400000 | PA      | $4457415.56   | 0.16%             | 2029-01-25      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | REPO BANK AMERICA REPO                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        |    7100000 | PA      | $7100000.00   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD BRL BOUGHT USD 20260402                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-165834.34   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| EXPAND ENERGY CORPORATION                                               | EXPAND ENERGY CORP COMPANY GUAR 144A 04/29 6.75         | CUSIP: 92735LAA0<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |    3900000 | PA      | $3941036.35   | 0.15%             | 2029-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD BRL BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-25773.33    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC-3372                                                        | FREDDIE MAC FHR 3372 F                                  | CUSIP: 31397KQ61<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      33658 | PA      | $33607.80     | 0.00%             | 2037-10-15      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2019-4                                        | TOWD POINT MORTGAGE TRUST TPMT 2019 4 A1 144A           | CUSIP: 89178BAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1304968 | PA      | $1255685.24   | 0.05%             | 2059-10-25      | Variable      | 2.90%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD BRL BOUGHT USD 20260402                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-2749.89     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PRETIUM MORTGAGE CREDIT PARTNERS LLC 2022-RN1                           | PRETIUM MORTGAGE CREDIT PARTNE PRET 2022 RN1 A1 144A    | CUSIP: 69363JAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4203231 | PA      | $4209072.95   | 0.16%             | 2051-07-25      | Fixed         | 6.72%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT TRUST 2025-5                                             | PAGAYA AI DEBT SELECTION TRUST PAID 2025 5 A2 144A      | CUSIP: 69548WAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1100000 | PA      | $1108251.76   | 0.04%             | 2033-03-15      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| SFS AUTO RECEIVABLES SECURITIZATION TRUST 2024-1A                       | SFS AUTO RECEIVABLES SECURITIZ SFAST 2024 1A A3 144A    | CUSIP: 78435VAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     450043 | PA      | $453141.72    | 0.02%             | 2029-05-21      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5508                                                 | FREDDIE MAC FHR 5508 QF                                 | CUSIP: 3137HJVX2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    2401975 | PA      | $2412107.92   | 0.09%             | 2055-02-25      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| BNPAM-2018-1A                                                           | BNPP IP EURO CLO BNPAM 2018 1A AR 144A                  | CUSIP: ACI1W1J88<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |    1147862 | PA      | $1347678.09   | 0.05%             | 2031-04-15      | Floating      | 2.63%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5564                                                 | FREDDIE MAC FHR 5564 FB                                 | CUSIP: 3137HMD23<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     792615 | PA      | $796742.00    | 0.03%             | 2055-08-25      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| BMO 2024-5C7 MORTGAGE TRUST                                             | BMO MORTGAGE TRUST BMO 2024 5C7 A2                      | CUSIP: 09660WAT8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2600000 | PA      | $2662312.64   | 0.10%             | 2057-11-15      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| BAYER US FINANCE II LLC                                                 | BAYER US FINANCE II LLC COMPANY GUAR 144A 12/28 4.375   | CUSIP: 07274NAL7<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |    2600000 | PA      | $2591272.58   | 0.10%             | 2028-12-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ASSET-BACKED CERT 2006-24                                   | COUNTRYWIDE ASSET BACKED CERTI CWL 2006 24 1A           | CUSIP: 23243HAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1088496 | PA      | $987308.45    | 0.04%             | 2047-06-25      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| LINCOLN FINANCIAL GLOBAL FUNDING                                        | LINCOLN FIN GLBL FUNDING SECURED 144A 01/30 5.3         | CUSIP: 53359KAA9<br>LEI: 984500OC010458395923 | Long             | DBT              | CORP              | US        |     400000 | PA      | $414227.06    | 0.02%             | 2030-01-13      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2025-98                        | GOVERNMENT NATIONAL MORTGAGE A GNR 2025 98 FX           | CUSIP: 38381NPX0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   24937021 | PA      | $25091184.60  | 0.93%             | 2055-06-20      | Floating      | 5.59%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD TWD BOUGHT USD 20251215                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $-10.29       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | 317UA27A8 PIMCO SWAPTION 2.5 CALL USD 20260213          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        | 1114500000 | NC      | $285980.70    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| MEXICO GOVT                                                             | MEX BONOS DESARR FIX RT BONDS 03/28 8.5                 | CUSIP: ACI2STC46<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |  252000000 | PA      | $13969222.70  | 0.52%             | 2028-03-02      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                    | GNMA II POOL 008949 G2 08/26 FLOATING VAR               | CUSIP: 36202K5J0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        173 | PA      | $173.50       | 0.00%             | 2026-08-20      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2016-H07                       | GOVERNMENT NATIONAL MORTGAGE A GNR 2016 H07 FE          | CUSIP: 38376RRG3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     100767 | PA      | $101467.37    | 0.00%             | 2066-03-20      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| ROCKFORD TOWER CLO 2022-1 LTD                                           | ROCKFORD TOWER CLO LTD ROCKT 2022 1A A1R 144A           | CUSIP: 77340JAL9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     850000 | PA      | $853249.11    | 0.03%             | 2035-07-20      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SPTR TRS EQUITY SOFR+43 CBK                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |          1 | NC      | $1235955.03   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST 2021-NQ2R                           | NEW RESIDENTIAL MORTGAGE LOAN NRZT 2021 NQ2R A1 144A    | CUSIP: 64831EAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     775132 | PA      | $742580.84    | 0.03%             | 2058-10-25      | Variable      | 0.94%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                           | FORD MOTOR CREDIT CO LLC SR UNSECURED 11/26 VAR         | CUSIP: 345397F99<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    1400000 | PA      | $1398589.01   | 0.05%             | 2026-11-05      | Floating      | 5.79%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SPTR TRS EQUITY SOFR+56 BPS                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |          1 | NC      | $104365.08    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BEAR STEARNS ALT-A TRUST 2005-7                                         | BEAR STEARNS ALT A TRUST BALTA 2005 7 22A1              | CUSIP: 07386HVS7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      58754 | PA      | $32126.61     | 0.00%             | 2035-09-25      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 4638                                                 | FREDDIE MAC FHR 4638 FA                                 | CUSIP: 3137BTH38<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     173505 | PA      | $172346.26    | 0.01%             | 2040-07-15      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| JACKSON NATIONAL LIFE GLOBAL FUNDING                                    | JACKSON NATL LIFE GLOBAL SECURED 144A 09/28 VAR         | CUSIP: 46849CJS1<br>LEI: 635400PQXLYXWJI5QD78 | Long             | DBT              | CORP              | US        |   13300000 | PA      | $13360989.68  | 0.49%             | 2028-09-12      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| AUTONATION INC                                                          | AUTONATION, INC                                         | CUSIP: 05330LX81<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2000000 | PA      | $1997885.20   | 0.07%             | 2025-10-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GLS AUTO SELECT RECEIVABLES TRUST 25-3A                                 | GLS AUTO SELECT RECEIVABLES TR GSAR 2025 3A A2 144A     | CUSIP: 36272GAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2000000 | PA      | $2014168.80   | 0.07%             | 2030-10-15      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                   | FED HM LN PC POOL C91222 FG 12/28 FIXED 5               | CUSIP: 3128P7LB7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       4478 | PA      | $4503.51      | 0.00%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT JPY SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |          1 | NC      | $-1226.09     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| KKR CLO 36A LTD                                                         | KKR FINANCIAL CLO LTD KKR 36A AR 144A                   | CUSIP: 48255AAJ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    1550000 | PA      | $1550029.54   | 0.06%             | 2034-10-15      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| ARCAN-2A                                                                | ARCANO EURO CLO ARCAN 2A B 144A                         | CUSIP: ACI2YDL36<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |     500000 | PA      | $589141.79    | 0.02%             | 2039-07-25      | Floating      | 4.02%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE 2009-87                                                      | FANNIE MAE FNR 2009 87 FX                               | CUSIP: 31398FM57<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      33473 | PA      | $33590.59     | 0.00%             | 2039-11-25      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                   | FED HM LN PC POOL 847415 FH 06/35 FLOATING VAR          | CUSIP: 3128JRGY6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      66538 | PA      | $68818.36     | 0.00%             | 2035-06-01      | Floating      | 6.51%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                   | FED HM LN PC POOL G04629 FG 01/29 FIXED 6               | CUSIP: 3128M6PN2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |         27 | PA      | $27.52        | 0.00%             | 2029-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                    | GNMA II POOL 080156 G2 01/28 FLOATING VAR               | CUSIP: 36225CE69<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       5906 | PA      | $5886.61      | 0.00%             | 2028-01-20      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD BRL BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-39409.03    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CSMC 2018-RPL9 TRUST                                                    | CREDIT SUISSE MORTGAGE TRUST CSMC 2018 RPL9 A1 144A     | CUSIP: 12654PAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1992998 | PA      | $1965889.01   | 0.07%             | 2057-09-25      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| CIFC FUNDING LTD 2017-4A                                                | CIFC FUNDING LTD CIFC 2017 4A A1R 144A                  | CUSIP: 12551JAL0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     444955 | PA      | $445600.39    | 0.02%             | 2030-10-24      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| VENTURE 36 CLO LTD                                                      | VENTURE CDO LTD VENTR 2019 36A A1AR 144A                | CUSIP: 92332LAU3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     569952 | PA      | $571306.88    | 0.02%             | 2032-04-20      | Floating      | 5.72%                 | No            |                  2 | On Loan: No      |
| EAGLE FUNDING LUXCO SA RL                                               | EAGLE FUNDING LUXCO SARL SR UNSECURED 144A 08/30 5.5    | CUSIP: 26951TAA8<br>LEI: 894500VDP08MVIZ6OA60 | Long             | DBT              | CORP              | LU        |   15700000 | PA      | $15948217.00  | 0.59%             | 2030-08-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                                      | ORACLE CORPORATION 11/25 ZCP                            | CUSIP: 6840C2YK5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   24900000 | PA      | $24753944.07  | 0.91%             | 2025-11-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HYUNDAI AUTO RECEIVABLES TRUST 2024-A                                   | HYUNDAI AUTO RECEIVABLES TRUST HART 2024 A A3           | CUSIP: 448973AD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4500000 | PA      | $4546022.85   | 0.17%             | 2029-02-15      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | DEUTSCHE BANK AKTIENGESELLSCH SLA SE ICE                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | DE        |          1 | NC      | $-642.01      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                      | SOUTHERN CAL EDISON 1ST MORTGAGE 06/27 4.7              | CUSIP: 842400HQ9<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     300000 | PA      | $301231.47    | 0.01%             | 2027-06-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| STELLANTIS FINANCIAL SERVICES US CORP                                   | STELLANTIS FINANCIAL SER SR UNSECURED 144A 09/28 VAR    | CUSIP: 85855FAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6100000 | PA      | $6124368.22   | 0.23%             | 2028-09-15      | Floating      | 5.94%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD GBP BOUGHT USD 20251104                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | GB        |          1 | NC      | $-109575.54   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CARVANA AUTO RECEIVABLES TRUST 2024-N3                                  | CARVANA AUTO RECEIVABLES TRUST CRVNA 2024 N3 A3 144A    | CUSIP: 14687WAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3800000 | PA      | $3807169.84   | 0.14%             | 2029-01-10      | Fixed         | 4.53%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | GENERAL ELECTRIC COMPANY SNR S* ICE                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $3402.31      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFR USD SOFR/4.25000 12/20/23-2Y CME                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $102094.03    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SYMPHONY CLO XXIX LTD                                                   | SYMPHONY CLO LTD SYMP 2021 29A AR 144A                  | CUSIP: 87168GAN9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    7800000 | PA      | $7831081.13   | 0.29%             | 2035-10-15      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                                     | GLOBAL PAYMENTS INC SR UNSECURED 04/26 4.8              | CUSIP: 891906AC3<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    1900000 | PA      | $1902255.34   | 0.07%             | 2026-04-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| REACH ABS TRUST 2024-1A                                                 | REACH FINANCIAL LLC REACH 2024 1A A 144A                | CUSIP: 75526PAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     206896 | PA      | $207199.39    | 0.01%             | 2031-02-18      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| THEOREM FUNDING TRUST 2023-1A                                           | THEOREM FUNDING TRUST THRM 2023 1A A 144A               | CUSIP: 88338QAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      41624 | PA      | $41672.51     | 0.00%             | 2029-04-15      | Fixed         | 7.58%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                       | HSBC HOLDINGS PLC SR UNSECURED 06/31 VAR                | CUSIP: 404280CH0<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     800000 | PA      | $744009.58    | 0.03%             | 2031-06-04      | Floating      | 2.85%                 | No            |                  2 | On Loan: No      |
| INVESCO EURO CLO I DAC 1A                                               | INVESCO EURO CLO INVSC 1A A1R 144A                      | CUSIP: ACI1VT7W8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |     281704 | PA      | $330977.98    | 0.01%             | 2031-07-15      | Floating      | 2.68%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFR USD SOFR/1.75000 06/15/22-10Y CME                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $645402.60    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC 4559                                                        | FREDDIE MAC FHR 4559 AF                                 | CUSIP: 3137BNCR3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      68522 | PA      | $69132.07     | 0.00%             | 2042-03-15      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| GSAMP TRUST 2005-HE5                                                    | GSAMP TRUST GSAMP 2005 HE5 M4                           | CUSIP: 362341ZE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     279410 | PA      | $273942.34    | 0.01%             | 2035-11-25      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| GSAA HOME EQUITY TRUST 2005-15                                          | GSAA HOME EQUITY TRUST GSAA 2005 15 2A2                 | CUSIP: 362341D71<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     699816 | PA      | $221707.34    | 0.01%             | 2036-01-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| CRB SECURITIZATION TRUST 2023-1                                         | CRB SECURITIZATION TRUST CRB 2023 1 A 144A              | CUSIP: 12670DAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     151621 | PA      | $151852.88    | 0.01%             | 2033-10-20      | Fixed         | 6.96%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE 2007-63                                                      | FANNIE MAE FNR 2007 63 FC                               | CUSIP: 31396WTU0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      15400 | PA      | $15247.21     | 0.00%             | 2037-07-25      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| CS FIRST BOSTON MTGE SEC CORP 2001-HE17                                 | CREDIT SUISSE FIRST BOSTON MOR CSFB 2001 HE17 A1        | CUSIP: 22540A7A0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      36827 | PA      | $36203.22     | 0.00%             | 2032-01-25      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | US 5YR NOTE (CBT) DEC25 XCBT 20251231                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |       5874 | NC      | $-210658.03   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE 2009-111                                                     | FANNIE MAE FNR 2009 111 FC                              | CUSIP: 31398GQS1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      20076 | PA      | $20106.68     | 0.00%             | 2038-03-25      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| PRET 2025-NPL7 LLC                                                      | PRETIUM MORTGAGE CREDIT PARTNE PRET 2025 NPL7 A1 144A   | CUSIP: 740934AA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2738692 | PA      | $2748878.11   | 0.10%             | 2055-07-25      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT IDR SOLD USD 20251010                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ID        |          1 | NC      | $-8045.34     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SPTR TRS EQUITY SOFR+57.5 RBC                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |          1 | NC      | $35152.77     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SPTR TRS EQUITY SOFR+53 BRC                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |          1 | NC      | $264494.76    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                    | GNMA II POOL DJ9049 G2 06/55 FIXED 7                    | CUSIP: 3618KWBS1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1296557 | PA      | $1314448.96   | 0.05%             | 2055-06-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC 3439                                                        | FREDDIE MAC FHR 3439 FN                                 | CUSIP: 31397TAL6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       7759 | PA      | $7681.64      | 0.00%             | 2037-02-15      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                    | FNMA POOL 041732 FN 02/27 FLOATING VAR                  | CUSIP: 31361ULM1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |         54 | PA      | $53.37        | 0.00%             | 2027-02-01      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| SFS AUTO RECEIVABLES SECURITIZATION TRUST 2023-1A                       | SFS AUTO RECEIVABLES SECURITIZ SFAST 2023 1A A3 144A    | CUSIP: 78398AAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2192384 | PA      | $2208534.52   | 0.08%             | 2028-10-20      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                      | SOUTHERN CAL EDISON 1ST MORTGAGE 11/27 5.85             | CUSIP: 842400HS5<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    1703000 | PA      | $1747744.15   | 0.06%             | 2027-11-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                    | FNMA POOL MA3276 FN 02/48 FIXED 3.5                     | CUSIP: 31418CUA0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     578163 | PA      | $537939.52    | 0.02%             | 2048-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                    | GNMA II POOL 080060 G2 04/27 FLOATING VAR               | CUSIP: 36225CB62<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       4631 | PA      | $4639.01      | 0.00%             | 2027-04-20      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS  STRUC PROD INC 2007-R6                                    | BEAR STEARNS STRUCTURED PRODUC BSSP 2007 R6 2A1         | CUSIP: 07402FAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     117170 | PA      | $93595.51     | 0.00%             | 2046-12-26      | Floating      | 3.96%                 | No            |                  2 | On Loan: No      |
| LENDBUZZ SECURITIZATION TRUST 2025-1A                                   | LENDBUZZ SECURITIZATION TRUST LBZZ 2025 1A A2 144A      | CUSIP: 525938AC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     908698 | PA      | $910044.69    | 0.03%             | 2030-10-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| KKR CLO 42A LTD                                                         | KKR FINANCIAL CLO LTD KKR 42A AR 144A                   | CUSIP: 48255EAJ9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     350000 | PA      | $350004.39    | 0.01%             | 2034-07-20      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD CHF BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CH        |          1 | NC      | $-1524.66     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT KRW SOLD USD 20251010                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KR        |          1 | NC      | $-47020.45    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFRF USD SF+26.161/1.2* 07/21/21-10Y LCH                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $184793.21    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| SOUTH AFRICA GOVT                                                       | SOUTH AFRICAN T BILLS BILLS 06/26 0.00000               | CUSIP: ACI30CS02<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |   35100000 | PA      | $1942714.88   | 0.07%             | 2026-06-17      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GSAMP TRUST 2006-HE4                                                    | GSAMP TRUST GSAMP 2006 HE4 A1                           | CUSIP: 362439AA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      73678 | PA      | $72561.66     | 0.00%             | 2036-06-25      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC 3360                                                        | FREDDIE MAC FHR 3360 FC                                 | CUSIP: 31397KE31<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     309143 | PA      | $309770.57    | 0.01%             | 2037-05-15      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| FOURSIGHT CAPITAL AUTOMOBILE RECEIVABLES TRUST 2024-1                   | FOURSIGHT CAPITAL AUTOMOBILE R FCRT 2024 1 A2 144A      | CUSIP: 35105AAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     729222 | PA      | $732509.47    | 0.03%             | 2029-01-16      | Fixed         | 5.49%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ARM 2003-1                                                 | BEAR STEARNS ADJUSTABLE RATE M BSARM 2003 1 6A1         | CUSIP: 07384MTN2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       6567 | PA      | $6626.11      | 0.00%             | 2033-04-25      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| PARK AVENUE INSTITUTIONAL ADVI 2021-1A                                  | PARK AVENUE INSTITUTIONAL ADVI PAIA 2021 1A A1AR 144A   | CUSIP: 70015QAL2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     700000 | PA      | $700383.74    | 0.03%             | 2034-01-20      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| CARLYLE GLOBAL MARKET STRATEGIES EURO CLO 17-3A                         | CARLYLE GLOBAL MARKET STRATEGI CGMSE 2017 3A A1R 144A   | CUSIP: ACI1YDTG1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |     363547 | PA      | $426289.61    | 0.02%             | 2031-01-15      | Floating      | 2.73%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD ILS BOUGHT USD 20251015                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IL        |          1 | NC      | $-2090.31     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                    | FNMA POOL BJ4916 FN 03/48 FIXED 3.5                     | CUSIP: 3140H6PA1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       8254 | PA      | $7679.74      | 0.00%             | 2048-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SOUNDVIEW HOME EQUITY LOAN TR 2005-OPT3                                 | SOUNDVIEW HOME EQUITY LOAN TRU SVHE 2005 OPT3 M1        | CUSIP: 83611MGU6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     157470 | PA      | $157013.45    | 0.01%             | 2035-11-25      | Floating      | 4.98%                 | No            |                  2 | On Loan: No      |
| HA SUSTAINABLE INFRASTRUCTURE CAPITAL INC                               | A SUSTAINABLE INFRASTRUCTURE C 10/25 ZCP                | CUSIP: 40460JX77<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $999008.30    | 0.04%             | 2025-10-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5584                                                 | FREDDIE MAC FHR 5584 DF                                 | CUSIP: 3137HNCM8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    3500000 | PA      | $3505670.00   | 0.13%             | 2055-10-25      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-83                                               | FANNIE MAE FNR 2025 83 FA                               | CUSIP: 3136BXVW1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   28200000 | PA      | $28260524.25  | 1.04%             | 2055-10-25      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                    | GNMA II TBA 30 YR 5 JUMBOS                              | CUSIP: 21H0506A5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   25936000 | PA      | $25802521.93  | 0.95%             | 2054-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT JPY SOLD USD 20251104                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |          1 | NC      | $60143.02     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD PLN BOUGHT USD 20251022                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PL        |          1 | NC      | $41.05        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BEAR STEARNS ADJUSTABLE RATE MORTGAGE TRUST 2003-8                      | BEAR STEARNS ADJUSTABLE RATE M BSARM 2003 8 1A1         | CUSIP: 07384MZQ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       3983 | PA      | $3929.46      | 0.00%             | 2034-01-25      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2021-SJ2                                      | TOWD POINT MORTGAGE TRUST TPMT 2021 SJ2 A1A 144A        | CUSIP: 89180LAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2118744 | PA      | $2064736.32   | 0.08%             | 2061-12-25      | Variable      | 2.25%                 | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ASSET-BACKED CERT 2006-16                                   | COUNTRYWIDE ASSET BACKED CERTI CWL 2006 16 1A           | CUSIP: 23242FAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5848412 | PA      | $5601429.05   | 0.21%             | 2046-12-25      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFR USD SOFR/3.75000 12/18/24-10Y CME                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $-301360.65   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD SGD BOUGHT USD 20251104                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |          1 | NC      | $39062.71     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CARVAL CLO III LTD                                                      | CARVAL CLO LTD CARVL 2019 2A AR2 144A                   | CUSIP: 14686WAW1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    7504103 | PA      | $7511256.80   | 0.28%             | 2032-07-20      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2016-C                                 | SMB PRIVATE EDUCATION LOAN TRU SMB 2016 C B 144A        | CUSIP: 78449KAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4677283 | PA      | $4634686.79   | 0.17%             | 2040-11-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT JPY SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |          1 | NC      | $-24875.75    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD BRL BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-79864.95    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CARVANA AUTO RECEIVABLES TRUST 2024-P2                                  | CARVANA AUTO RECEIVABLES TRUST CRVNA 2024 P2 A3         | CUSIP: 14688PAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1500000 | PA      | $1513713.75   | 0.06%             | 2029-07-10      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5580                                                 | FREDDIE MAC FHR 5580 FA                                 | CUSIP: 3137HMXM7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   21948370 | PA      | $22256296.98  | 0.82%             | 2055-09-25      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SPTR TRS EQUITY SOFR+48 BOA                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |          1 | NC      | $481744.88    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SPTR TRS EQUITY SOFR+56.5 BPS                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |          1 | NC      | $2677013.34   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT BRL SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $116681.18    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CREDIT BASED ASSET SRVC & SEC 2007-SP2                                  | CREDIT BASED ASSET SERVICING A CBASS 2007 SP2 M4 144A   | CUSIP: 1248MHAG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1888000 | PA      | $1851784.76   | 0.07%             | 2046-03-25      | Floating      | 5.85%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BANK OF AMERICA CORPORATION SNR S* ICE                  | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $198.23       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                   | FED HM LN PC POOL C91161 FG 02/28 FIXED 5               | CUSIP: 3128P7JE4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       2504 | PA      | $2524.44      | 0.00%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SIXTH STREET LENDING PARTNERS                                           | SIXTH STREET LENDING PAR SR UNSECURED 144A 07/30 6.125  | CUSIP: 829932AE2<br>LEI: 549300S9P1HMDERGCR64 | Long             | DBT              | CORP              | US        |     800000 | PA      | $827462.75    | 0.03%             | 2030-07-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| EXTENDED STAY AMERICA TRUST 2021-ESH                                    | EXTENDED STAY AMERICA TRUST ESA 2021 ESH A 144A         | CUSIP: 30227FAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7252174 | PA      | $7257812.28   | 0.27%             | 2038-07-15      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT GBP SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | GB        |          1 | NC      | $109586.92    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT BRL SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $1527.98      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2015-H32                       | GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H32 FA          | CUSIP: 38376RMP8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     639642 | PA      | $640947.56    | 0.02%             | 2065-12-20      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| ACHV ABS TRUST 2024-1PL                                                 | ACHV ABS TRUST ACHV 2024 1PL A 144A                     | CUSIP: 00092BAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     339263 | PA      | $342534.13    | 0.01%             | 2031-04-25      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOUTH KOREA GOVT AS BP MYC                              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $-239674.63   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                   | FED HM LN PC POOL G08789 FG 11/47 FIXED 4               | CUSIP: 3128MJ2X7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     305813 | PA      | $295265.98    | 0.01%             | 2047-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                    | FNMA POOL 303469 FN 11/28 FLOATING VAR                  | CUSIP: 31373UCE5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        861 | PA      | $851.54       | 0.00%             | 2028-11-01      | Floating      | 4.44%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5571                                                 | FREDDIE MAC FHR 5571 FB                                 | CUSIP: 3137HMEF3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    5430120 | PA      | $5452883.97   | 0.20%             | 2055-08-25      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                    | GNMA II TBA 30 YR 4.5 JUMBOS                            | CUSIP: 21H0426B0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   41700000 | PA      | $40422615.99  | 1.49%             | 2055-11-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD CAD BOUGHT USD 20251104                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CA        |          1 | NC      | $158.38       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CREDIT-BASED ASSET SERVC SEC 2005-CB3                                   | CREDIT BASED ASSET SERVICING A CBASS 2005 CB3 M4        | CUSIP: 12489WLH5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1651975 | PA      | $1612006.69   | 0.06%             | 2035-06-25      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC 3368                                                        | FREDDIE MAC FHR 3368 AF                                 | CUSIP: 31397KL82<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     329407 | PA      | $330128.25    | 0.01%             | 2037-09-15      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                 | GOLDMAN SACHS GROUP INC GOLDMAN SACHS GROUP INC         | CUSIP: 38141GB29<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     800000 | PA      | $820192.01    | 0.03%             | 2029-07-23      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | AUST 10Y BOND FUT DEC25 XSFE 20251215                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | AU        |        909 | NC      | $-381729.56   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| MOUNTAIN VIEW CLO XVI LTD 2022-1A                                       | MOUNTAIN VIEW CLO MVEW 2022 1A A1R 144A                 | CUSIP: 62432UAN1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    2900000 | PA      | $2904875.51   | 0.11%             | 2034-04-15      | Floating      | 5.78%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                 | HYUNDAI CAPITAL AMERICA HYUNDAI CAPITAL AMERICA         | CUSIP: 44891ACT2<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   10100000 | PA      | $10211759.03  | 0.38%             | 2027-01-08      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ASSET-BACKED CERT 2007-9                                    | COUNTRYWIDE ASSET BACKED CERTI CWL 2007 9 1A            | CUSIP: 12670FAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     291494 | PA      | $259107.62    | 0.01%             | 2047-06-25      | Floating      | 4.47%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SOLD BRL BOUGHT USD 20260402                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-42232.97    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | BOUGHT EUR SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |          1 | NC      | $-6114.08     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-26

**Name of Applicant:** PIMCO Funds

**Signature:** /s/ Bijal Parikh

**Name of Signer:** Bijal Parikh

**Title:** Treasurer