# EDGAR Filing Document

**Accession Number:** 0001644419
**File Stem:** 0000910472-26-005937
**Filing Date:** 2026-4
**Character Count:** 136601
**Document Hash:** 0a6d36807803cab49d3bcb49fc12c2f9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-005937.hdr.sgml**: 20260428

**ACCESSION NUMBER**: 0000910472-26-005937

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260428

**DATE AS OF CHANGE**: 20260428

**PERIOD START**: 20261130

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23066
- **FILM NUMBER:** 26904207

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

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

## Series and Classes Contracts Data

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

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

## Nport-Ex

---

| | | | | |
|:---|:---|:---|:---|:---|
| **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Principal Amount ($)** |  | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **CORPORATE BONDS — 98.0%** |  |  |  |
|  | **AUTOMOTIVE** — **0.6%** |  |  |  |
| 1000000 | BorgWarner, Inc. | 2.6500 | &nbsp;&nbsp;&nbsp;07/01/27 | $982523 |
| 1000000 | BorgWarner, Inc. | 4.9500 | &nbsp;&nbsp;&nbsp;08/15/29 | 1028205 |
| 1000000 | BorgWarner, Inc. | 5.4000 | &nbsp;&nbsp;&nbsp;08/15/34 | 1041695 |
|  |  |  |  | 3052423 |
|  | **BANKING** — **0.6%** |  |  |  |
| 1000000 | First-Citizens Bank & Trust Company | 6.1250 | &nbsp;&nbsp;&nbsp;03/09/28 | 1035607 |
| 1000000 | Regions Financial Corporation | 1.8000 | &nbsp;&nbsp;&nbsp;08/12/28 | 947392 |
| 1000000 | Zions Bancorp NA | 3.2500 | &nbsp;&nbsp;&nbsp;10/29/29 | 951435 |
|  |  |  |  | 2934434 |
|  | **BEVERAGES** — **0.4%** |  |  |  |
| 1000000 | Coca-Cola Consolidated, Inc. | 5.2500 | &nbsp;&nbsp;&nbsp;06/01/29 | 1038320 |
| 1000000 | Coca-Cola Consolidated, Inc. | 5.4500 | &nbsp;&nbsp;&nbsp;06/01/34 | 1064471 |
|  |  |  |  | 2102791 |
|  | **BIOTECH & PHARMA** — **0.2%** |  |  |  |
| 1000000 | Royalty Pharma plc | 5.4000 | &nbsp;&nbsp;&nbsp;09/02/34 | 1036479 |
|  | **CHEMICALS** — **0.6%** |  |  |  |
| 1000000 | Albemarle Corporation | 4.6500 | &nbsp;&nbsp;&nbsp;06/01/27 | 1007684 |
| 1000000 | Albemarle Corporation | 5.0500 | &nbsp;&nbsp;&nbsp;06/01/32 | 1019982 |
| 1000000 | Cabot Corporation | 5.0000 | &nbsp;&nbsp;&nbsp;06/30/32 | 1025034 |
|  |  |  |  | 3052700 |
|  | **COMMERCIAL SUPPORT SERVICES** — **3.7%** |  |  |  |
| 1000000 | Cintas Corp No 2 | 3.7000 | &nbsp;&nbsp;&nbsp;04/01/27 | 999442 |
| 1000000 | Cintas Corp No 2 B | 4.0000 | &nbsp;&nbsp;&nbsp;05/01/32 | 992798 |
| 1000000 | Republic Services, Inc. | 3.3750 | &nbsp;&nbsp;&nbsp;11/15/27 | 994438 |
| 1000000 | Republic Services, Inc. | 3.9500 | &nbsp;&nbsp;&nbsp;05/15/28 | 1003497 |
| 1000000 | Republic Services, Inc. | 2.3000 | &nbsp;&nbsp;&nbsp;03/01/30 | 938743 |
| 1000000 | Republic Services, Inc. | 1.4500 | &nbsp;&nbsp;&nbsp;02/15/31 | 883516 |
| 10400000 | Republic Services, Inc. | 1.7500 | &nbsp;&nbsp;&nbsp;02/15/32 | 9095082 |
| 1000000 | Waste Connections, Inc. | 4.2500 | &nbsp;&nbsp;&nbsp;12/01/28 | 1010406 |
| 1000000 | Waste Management, Inc. | 3.1500 | &nbsp;&nbsp;&nbsp;11/15/27 | 992611 |
| 1000000 | Waste Management, Inc. | 4.6250 | &nbsp;&nbsp;&nbsp;02/15/33 | 1025535 |
|  |  |  |  | 17936068 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Principal Amount ($)** |  | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **CORPORATE BONDS — 98.0% (Continued)** |  |  |  |
|  | **CONSTRUCTION MATERIALS** — **2.9%** |  |  |  |
| 1000000 | Carlisle Companies, Inc. | 3.7500 | &nbsp;&nbsp;&nbsp;12/01/27 | $997418 |
| 10400000 | Carlisle Companies, Inc. | 2.7500 | &nbsp;&nbsp;&nbsp;03/01/30 | 9889023 |
| 1000000 | Carlisle Companies, Inc. | 2.2000 | &nbsp;&nbsp;&nbsp;03/01/32 | 885600 |
| 1000000 | Carlisle Companies, Inc. | 5.2500 | &nbsp;&nbsp;&nbsp;09/15/35 | 1033159 |
| 1000000 | Vulcan Materials Company | 3.9000 | &nbsp;&nbsp;&nbsp;04/01/27 | 1000742 |
|  |  |  |  | 13805942 |
|  | **CONTAINERS & PACKAGING** — **0.8%** |  |  |  |
| 1000000 | Amcor Finance USA, Inc. | 4.5000 | &nbsp;&nbsp;&nbsp;05/15/28 | 1010868 |
| 1000000 | Amcor Flexibles North America, Inc. | 2.6300 | &nbsp;&nbsp;&nbsp;06/19/30 | 940317 |
| 1000000 | Amcor Flexibles North America, Inc. | 2.6900 | &nbsp;&nbsp;&nbsp;05/25/31 | 924981 |
| 1000000 | AptarGroup, Inc. | 3.6000 | &nbsp;&nbsp;&nbsp;03/15/32 | 955019 |
|  |  |  |  | 3831185 |
|  | **DIVERSIFIED INDUSTRIALS** — **1.0%** |  |  |  |
| 1000000 | Parker-Hannifin Corporation | 3.2500 | &nbsp;&nbsp;&nbsp;03/01/27 | 995735 |
| 1000000 | Parker-Hannifin Corporation | 4.2500 | &nbsp;&nbsp;&nbsp;09/15/27 | 1006812 |
| 1000000 | Parker-Hannifin Corporation | 3.2500 | &nbsp;&nbsp;&nbsp;06/14/29 | 981163 |
| 1000000 | Parker-Hannifin Corporation | 4.5000 | &nbsp;&nbsp;&nbsp;09/15/29 | 1019556 |
| 1000000 | Parker-Hannifin Corporation | 4.2000 | &nbsp;&nbsp;&nbsp;11/21/34 | 987718 |
|  |  |  |  | 4990984 |
|  | **ELECTRIC UTILITIES** — **3.6%** |  |  |  |
| 1000000 | DTE Energy Company | 5.8500 | &nbsp;&nbsp;&nbsp;06/01/34 | 1075945 |
| 1000000 | Entergy Corporation | 1.9000 | &nbsp;&nbsp;&nbsp;06/15/28 | 956010 |
| 1000000 | Entergy Corporation | 2.8000 | &nbsp;&nbsp;&nbsp;06/15/30 | 946857 |
| 1000000 | Entergy Corporation | 2.4000 | &nbsp;&nbsp;&nbsp;06/15/31 | 909146 |
| 10400000 | Evergy, Inc. | 2.9000 | &nbsp;&nbsp;&nbsp;09/15/29 | 10002785 |
| 1000000 | Eversource Energy | 5.9500 | &nbsp;&nbsp;&nbsp;07/15/34 | 1069003 |
| 1000000 | Public Service Enterprise Group, Inc. | 5.4000 | &nbsp;&nbsp;&nbsp;03/15/35 | 1038066 |
| 1000000 | WEC Energy Group, Inc. | 1.3750 | &nbsp;&nbsp;&nbsp;10/15/27 | 962738 |
|  |  |  |  | 16960550 |
|  | **ELECTRICAL EQUIPMENT** — **5.7%** |  |  |  |
| 1000000 | Amphenol Corporation | 5.0500 | &nbsp;&nbsp;&nbsp;04/05/27 | 1013360 |
| 10400000 | Amphenol Corporation | 4.3500 | &nbsp;&nbsp;&nbsp;06/01/29 | 10572500 |
| 1000000 | Amphenol Corporation | 2.8000 | &nbsp;&nbsp;&nbsp;02/15/30 | 957491 |
| 1000000 | Amphenol Corporation | 2.2000 | &nbsp;&nbsp;&nbsp;09/15/31 | 907185 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Principal Amount ($)** |  | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **CORPORATE BONDS — 98.0% (Continued)** |  |  |  |
|  | **ELECTRICAL EQUIPMENT** — **5.7% (Continued)** |  |  |  |
| 1000000 | Amphenol Corporation | 5.2500 | &nbsp;&nbsp;&nbsp;04/05/34 | $1048468 |
| 1000000 | Roper Technologies, Inc. | 3.8000 | &nbsp;&nbsp;&nbsp;12/15/26 | 999123 |
| 10400000 | Trimble, Inc. | 4.9000 | &nbsp;&nbsp;&nbsp;06/15/28 | 10499376 |
| 1000000 | Trimble, Inc. | 6.1000 | &nbsp;&nbsp;&nbsp;03/15/33 | 1066513 |
|  |  |  |  | 27064016 |
|  | **ENGINEERING & CONSTRUCTION** — **0.4%** |  |  |  |
| 1000000 | Quanta Services, Inc. | 4.5000 | &nbsp;&nbsp;&nbsp;01/15/31 | 1012571 |
| 1000000 | Quanta Services, Inc. | 5.2500 | &nbsp;&nbsp;&nbsp;08/09/34 | 1036853 |
|  |  |  |  | 2049424 |
|  | **FOOD** — **4.8%** |  |  |  |
| 1000000 | Campbell Soup Company | 4.1500 | &nbsp;&nbsp;&nbsp;03/15/28 | 1003518 |
| 1000000 | Campbell Soup Company | 5.4000 | &nbsp;&nbsp;&nbsp;03/21/34 | 1022587 |
| 1000000 | Campbell's Company (The) | 4.5500 | &nbsp;&nbsp;&nbsp;03/21/31 | 1002355 |
| 10400000 | Conagra Brands, Inc. | 1.3750 | &nbsp;&nbsp;&nbsp;11/01/27 | 9959038 |
| 1000000 | Conagra Brands, Inc. | 4.8500 | &nbsp;&nbsp;&nbsp;11/01/28 | 1014696 |
| 1000000 | Conagra Brands, Inc. | 5.7500 | &nbsp;&nbsp;&nbsp;08/01/35 | 1031663 |
| 1000000 | McCormick & Co, Inc. | 3.4000 | &nbsp;&nbsp;&nbsp;08/15/27 | 995809 |
| 1000000 | McCormick & Co, Inc. | 2.5000 | &nbsp;&nbsp;&nbsp;04/15/30 | 940101 |
| 1000000 | McCormick & Co, Inc. | 4.9500 | &nbsp;&nbsp;&nbsp;04/15/33 | 1026774 |
| 1000000 | Mondelez International, Inc. | 2.6250 | &nbsp;&nbsp;&nbsp;03/17/27 | 988503 |
| 1000000 | Mondelez International, Inc. | 4.7500 | &nbsp;&nbsp;&nbsp;02/20/29 | 1024708 |
| 1000000 | Mondelez International, Inc. | 2.7500 | &nbsp;&nbsp;&nbsp;04/13/30 | 949534 |
| 1000000 | Mondelez International, Inc. | 4.7500 | &nbsp;&nbsp;&nbsp;08/28/34 | 1006203 |
| 1000000 | The Campbell's Company | 5.2000 | &nbsp;&nbsp;&nbsp;03/19/27 | 1013292 |
|  |  |  |  | 22978781 |
|  | **GAS & WATER UTILITIES** — **4.3%** |  |  |  |
| 1000000 | Atmos Energy Corporation | 3.0000 | &nbsp;&nbsp;&nbsp;06/15/27 | 992370 |
| 10400000 | Atmos Energy Corporation | 2.6250 | &nbsp;&nbsp;&nbsp;09/15/29 | 10001225 |
| 1000000 | Atmos Energy Corporation | 1.5000 | &nbsp;&nbsp;&nbsp;01/15/31 | 891464 |
| 1000000 | Atmos Energy Corporation | 5.9000 | &nbsp;&nbsp;&nbsp;11/15/33 | 1094308 |
| 1000000 | CenterPoint Energy Resources Corporation | 1.7500 | &nbsp;&nbsp;&nbsp;10/01/30 | 902503 |
| 1000000 | Essential Utilities, Inc. | 4.8000 | &nbsp;&nbsp;&nbsp;08/15/27 | 1010962 |
| 1000000 | Essential Utilities, Inc. | 2.7040 | &nbsp;&nbsp;&nbsp;04/15/30 | 947077 |
| 1000000 | Essential Utilities, Inc. | 5.3750 | &nbsp;&nbsp;&nbsp;01/15/34 | 1043528 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Principal Amount ($)** |  | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **CORPORATE BONDS — 98.0% (Continued)** |  |  |  |
|  | **GAS & WATER UTILITIES** — **4.3% (Continued)** |  |  |  |
| 1000000 | National Fuel Gas Company | 2.9500 | &nbsp;&nbsp;&nbsp;03/01/31 | $929947 |
| 1000000 | National Fuel Gas Company | 5.9500 | &nbsp;&nbsp;&nbsp;03/15/35 | 1065803 |
| 1000000 | NiSource, Inc. | 1.7000 | &nbsp;&nbsp;&nbsp;02/15/31 | 886994 |
| 1000000 | NiSource, Inc. | 5.4000 | &nbsp;&nbsp;&nbsp;06/30/33 | 1049229 |
|  |  |  |  | 20815410 |
|  | **HOME CONSTRUCTION** — **1.5%** |  |  |  |
| 1000000 | DR Horton, Inc. | 1.3000 | &nbsp;&nbsp;&nbsp;10/15/26 | 984453 |
| 1000000 | Fortune Brands Innovations, Inc. | 3.2500 | &nbsp;&nbsp;&nbsp;09/15/29 | 971842 |
| 1000000 | Fortune Brands Innovations, Inc. | 5.8750 | &nbsp;&nbsp;&nbsp;06/01/33 | 1072902 |
| 1000000 | Masco Corporation | 2.0000 | &nbsp;&nbsp;&nbsp;02/15/31 | 899687 |
| 1000000 | Mohawk Industries, Inc. | 5.8500 | &nbsp;&nbsp;&nbsp;09/18/28 | 1042820 |
| 1000000 | Mohawk Industries, Inc. | 3.6250 | &nbsp;&nbsp;&nbsp;05/15/30 | 978926 |
| 1000000 | PulteGroup, Inc. | 6.3750 | &nbsp;&nbsp;&nbsp;05/15/33 | 1116394 |
|  |  |  |  | 7067024 |
|  | **HOUSEHOLD PRODUCTS** — **0.4%** |  |  |  |
| 1000000 | Kenvue, Inc. | 4.8500 | &nbsp;&nbsp;&nbsp;05/22/32 | 1034603 |
| 1000000 | Kenvue, Inc. | 4.9000 | &nbsp;&nbsp;&nbsp;03/22/33 | 1033396 |
|  |  |  |  | 2067999 |
|  | **INSTITUTIONAL FINANCIAL SERVICES** — **2.4%** |  |  |  |
| 10400000 | Cboe Global Markets, Inc. | 3.6500 | &nbsp;&nbsp;&nbsp;01/12/27 | 10386745 |
| 1000000 | Nasdaq, Inc. | 5.5500 | &nbsp;&nbsp;&nbsp;02/15/34 | 1054055 |
|  |  |  |  | 11440800 |
|  | **INSURANCE** — **1.7%** |  |  |  |
| 1000000 | Globe Life, Inc. | 5.8500 | &nbsp;&nbsp;&nbsp;09/15/34 | 1049392 |
| 1000000 | Loews Corporation | 3.2000 | &nbsp;&nbsp;&nbsp;05/15/30 | 965769 |
| 1000000 | Primerica, Inc. | 2.8000 | &nbsp;&nbsp;&nbsp;11/19/31 | 916691 |
| 1000000 | Progressive Corporation (The) | 3.2000 | &nbsp;&nbsp;&nbsp;03/26/30 | 972055 |
| 1000000 | Progressive Corporation (The) | 4.9500 | &nbsp;&nbsp;&nbsp;06/15/33 | 1032510 |
| 1000000 | Reinsurance Group of America, Inc. | 3.9000 | &nbsp;&nbsp;&nbsp;05/15/29 | 995457 |
| 1000000 | Reinsurance Group of America, Inc. | 3.1500 | &nbsp;&nbsp;&nbsp;06/15/30 | 955416 |
| 1000000 | Reinsurance Group of America, Inc. | 6.0000 | &nbsp;&nbsp;&nbsp;09/15/33 | 1070185 |
|  |  |  |  | 7957475 |
|  | **LEISURE PRODUCTS** — **0.2%** |  |  |  |
| 1000000 | Brunswick Corporation | 4.4000 | &nbsp;&nbsp;&nbsp;09/15/32 | 972675 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Principal Amount ($)** |  | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **CORPORATE BONDS — 98.0% (Continued)** |  |  |  |
|  | **MACHINERY** — **6.9%** |  |  |  |
| 1000000 | AGCO Corporation | 5.4500 | &nbsp;&nbsp;&nbsp;03/21/27 | $1012811 |
| 1000000 | AGCO Corporation | 5.8000 | &nbsp;&nbsp;&nbsp;03/21/34 | 1057262 |
| 10400000 | Caterpillar, Inc. | 2.6000 | &nbsp;&nbsp;&nbsp;09/19/29 | 10006710 |
| 1000000 | Caterpillar, Inc. | 1.9000 | &nbsp;&nbsp;&nbsp;03/12/31 | 910384 |
| 1000000 | Caterpillar, Inc. | 5.2000 | &nbsp;&nbsp;&nbsp;05/15/35 | 1049205 |
| 1000000 | Flowserve Corporation | 2.8000 | &nbsp;&nbsp;&nbsp;01/15/32 | 909496 |
| 1000000 | Ingersoll Rand, Inc. | 5.4000 | &nbsp;&nbsp;&nbsp;08/14/28 | 1035110 |
| 1000000 | Ingersoll Rand, Inc. | 5.1760 | &nbsp;&nbsp;&nbsp;06/15/29 | 1037881 |
| 1000000 | Ingersoll Rand, Inc. | 5.3140 | &nbsp;&nbsp;&nbsp;06/15/31 | 1053403 |
| 1000000 | Ingersoll Rand, Inc. | 5.7000 | &nbsp;&nbsp;&nbsp;08/14/33 | 1070437 |
| 1000000 | Nordson Corporation | 5.8000 | &nbsp;&nbsp;&nbsp;09/15/33 | 1069630 |
| 1000000 | Stanley Black & Decker, Inc. | 6.0000 | &nbsp;&nbsp;&nbsp;03/06/28 | 1039053 |
| 1000000 | Stanley Black & Decker, Inc. | 2.3000 | &nbsp;&nbsp;&nbsp;03/15/30 | 927969 |
| 10400000 | Stanley Black & Decker, Inc. | 3.0000 | &nbsp;&nbsp;&nbsp;05/15/32 | 9570764 |
| 1000000 | Veralto Corporation | 5.4500 | &nbsp;&nbsp;&nbsp;09/18/33 | 1054156 |
|  |  |  |  | 32804271 |
|  | **MEDICAL EQUIPMENT & DEVICES** — **7.0%** |  |  |  |
| 1000000 | Baxter International, Inc. | 1.9150 | &nbsp;&nbsp;&nbsp;02/01/27 | 980690 |
| 1000000 | Baxter International, Inc. | 2.2720 | &nbsp;&nbsp;&nbsp;12/01/28 | 945934 |
| 10400000 | Baxter International, Inc. | 3.9500 | &nbsp;&nbsp;&nbsp;04/01/30 | 10188913 |
| 10400000 | Baxter International, Inc. | 2.5390 | &nbsp;&nbsp;&nbsp;02/01/32 | 9103858 |
| 1000000 | DENTSPLY SIRONA, Inc. | 3.2500 | &nbsp;&nbsp;&nbsp;06/01/30 | 938635 |
| 10400000 | Revvity, Inc. | 2.2500 | &nbsp;&nbsp;&nbsp;09/15/31 | 9274405 |
| 1000000 | Solventum Corporation | 5.4500 | &nbsp;&nbsp;&nbsp;03/13/31 | 1050307 |
| 1000000 | Solventum Corporation | 5.6000 | &nbsp;&nbsp;&nbsp;03/23/34 | 1045116 |
|  |  |  |  | 33527858 |
|  | **METALS & MINING** — **2.0%** |  |  |  |
| 10400000 | Newmont Corporation | 2.6000 | &nbsp;&nbsp;&nbsp;07/15/32 | 9569770 |
|  | **OIL & GAS PRODUCERS** — **8.9%** |  |  |  |
| 1000000 | Cheniere Energy Partners, L.P. | 5.9500 | &nbsp;&nbsp;&nbsp;06/30/33 | 1073129 |
| 1000000 | Devon Energy Corporation | 4.5000 | &nbsp;&nbsp;&nbsp;01/15/30 | 1009803 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Principal Amount ($)** |  | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **CORPORATE BONDS — 98.0% (Continued)** |  |  |  |
|  | **OIL & GAS PRODUCERS** — **8.9% (Continued)** |  |  |  |
| 1000000 | Devon Energy Corporation | 7.8750 | &nbsp;&nbsp;&nbsp;09/30/31 | $1173792 |
| 1000000 | Devon Energy Corporation | 5.2000 | &nbsp;&nbsp;&nbsp;09/15/34 | 1025642 |
| 1000000 | Diamondback Energy, Inc. | 3.2500 | &nbsp;&nbsp;&nbsp;12/01/26 | 995845 |
| 1000000 | Diamondback Energy, Inc. | 3.5000 | &nbsp;&nbsp;&nbsp;12/01/29 | 979514 |
| 10400000 | Diamondback Energy, Inc. | 3.1250 | &nbsp;&nbsp;&nbsp;03/24/31 | 9871588 |
| 1000000 | Diamondback Energy, Inc. | 5.5500 | &nbsp;&nbsp;&nbsp;04/01/35 | 1046681 |
| 1000000 | EQT Corporation | 5.7000 | &nbsp;&nbsp;&nbsp;04/01/28 | 1034284 |
| 1000000 | EQT Corporation | 7.0000 | &nbsp;&nbsp;&nbsp;02/01/30 | 1095834 |
| 1000000 | EQT Corporation | 5.7500 | &nbsp;&nbsp;&nbsp;02/01/34 | 1059546 |
| 1000000 | Kinder Morgan, Inc. | 4.3000 | &nbsp;&nbsp;&nbsp;03/01/28 | 1008582 |
| 1000000 | Kinder Morgan, Inc. | 7.8000 | &nbsp;&nbsp;&nbsp;08/01/31 | 1170800 |
| 1000000 | Kinder Morgan, Inc. | 5.2000 | &nbsp;&nbsp;&nbsp;06/01/33 | 1043938 |
| 1000000 | MPLX, L.P. | 4.9500 | &nbsp;&nbsp;&nbsp;09/01/32 | 1018731 |
| 1000000 | MPLX, L.P. | 5.4000 | &nbsp;&nbsp;&nbsp;04/01/35 | 1024278 |
| 1000000 | ONEOK, Inc. | 4.0000 | &nbsp;&nbsp;&nbsp;07/13/27 | 1001360 |
| 1000000 | ONEOK, Inc. | 6.0000 | &nbsp;&nbsp;&nbsp;06/15/35 | 1066715 |
| 1000000 | Targa Resources Corporation | 6.1500 | &nbsp;&nbsp;&nbsp;03/01/29 | 1058972 |
| 1000000 | Targa Resources Corporation | 6.1250 | &nbsp;&nbsp;&nbsp;03/15/33 | 1082472 |
| 1000000 | Targa Resources Partners, L.P. / Targa Resources | 5.0000 | &nbsp;&nbsp;&nbsp;01/15/28 | 1000590 |
| 1000000 | Tennessee Gas Pipeline Company, LLC | 7.0000 | &nbsp;&nbsp;&nbsp;10/15/28 | 1076305 |
| 10400000 | Valero Energy Corporation | 4.3500 | &nbsp;&nbsp;&nbsp;06/01/28 | 10496889 |
|  |  |  |  | 42415290 |
|  | **OIL & GAS SERVICES & EQUIPMENT** — **0.4%** |  |  |  |
| 1000000 | Schlumberger Holdings Corporation<sup>(a)</sup> | 3.9000 | &nbsp;&nbsp;&nbsp;05/17/28 | 1001422 |
| 1000000 | Schlumberger Holdings Corporation<sup>(a)</sup> | 4.3000 | &nbsp;&nbsp;&nbsp;05/01/29 | 1012733 |
|  |  |  |  | 2014155 |
|  | **REAL ESTATE INVESTMENT TRUSTS** — **18.3%** |  |  |  |
| 1000000 | Alexandria Real Estate Equities, Inc. | 3.9500 | &nbsp;&nbsp;&nbsp;01/15/28 | 998382 |
| 1000000 | Alexandria Real Estate Equities, Inc. | 4.7000 | &nbsp;&nbsp;&nbsp;07/01/30 | 1015849 |
| 10400000 | Alexandria Real Estate Equities, Inc. | 4.9000 | &nbsp;&nbsp;&nbsp;12/15/30 | 10618483 |
| 1000000 | Alexandria Real Estate Equities, Inc. | 3.3750 | &nbsp;&nbsp;&nbsp;08/15/31 | 942343 |
| 1000000 | Alexandria Real Estate Equities, Inc. | 2.0000 | &nbsp;&nbsp;&nbsp;05/18/32 | 860458 |
| 1000000 | Boston Properties, L.P. | 4.5000 | &nbsp;&nbsp;&nbsp;12/01/28 | 1009394 |
| 1000000 | Boston Properties, L.P. | 3.4000 | &nbsp;&nbsp;&nbsp;06/21/29 | 974876 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Principal Amount ($)** |  | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **CORPORATE BONDS — 98.0% (Continued)** |  |  |  |
|  | **REAL ESTATE INVESTMENT TRUSTS** — **18.3% (Continued)** |  |  |  |
| 10400000 | Boston Properties, L.P. | 3.2500 | &nbsp;&nbsp;&nbsp;01/30/31 | $9802868 |
| 1000000 | Boston Properties, L.P. | 2.5500 | &nbsp;&nbsp;&nbsp;04/01/32 | 879848 |
| 10400000 | Camden Property Trust | 4.9000 | &nbsp;&nbsp;&nbsp;01/15/34 | 10657633 |
| 1000000 | Crown Castle, Inc. | 3.3000 | &nbsp;&nbsp;&nbsp;07/01/30 | 958763 |
| 1000000 | Crown Castle, Inc. | 2.5000 | &nbsp;&nbsp;&nbsp;07/15/31 | 904774 |
| 1000000 | Crown Castle, Inc. | 5.8000 | &nbsp;&nbsp;&nbsp;03/01/34 | 1059855 |
| 1000000 | Digital Realty Trust, L.P. | 3.7000 | &nbsp;&nbsp;&nbsp;08/15/27 | 996638 |
| 1000000 | Digital Realty Trust, L.P. | 4.4500 | &nbsp;&nbsp;&nbsp;07/15/28 | 1010771 |
| 1000000 | Digital Realty Trust, L.P. | 3.6000 | &nbsp;&nbsp;&nbsp;07/01/29 | 987775 |
| 1000000 | Extra Space Storage, L.P. | 3.9000 | &nbsp;&nbsp;&nbsp;04/01/29 | 995821 |
| 10400000 | Extra Space Storage, L.P. | 2.5500 | &nbsp;&nbsp;&nbsp;06/01/31 | 9508609 |
| 1000000 | Extra Space Storage, L.P. | 2.3500 | &nbsp;&nbsp;&nbsp;03/15/32 | 884087 |
| 1000000 | Invitation Homes Operating Partnership, L.P. | 2.0000 | &nbsp;&nbsp;&nbsp;08/15/31 | 882163 |
| 1000000 | Kite Realty Group Trust | 4.7500 | &nbsp;&nbsp;&nbsp;09/15/30 | 1020888 |
| 1000000 | LXP Industrial Trust | 2.7000 | &nbsp;&nbsp;&nbsp;09/15/30 | 927916 |
| 1000000 | LXP Industrial Trust | 2.3750 | &nbsp;&nbsp;&nbsp;10/01/31 | 888285 |
| 1000000 | National Health Investors, Inc. | 3.0000 | &nbsp;&nbsp;&nbsp;02/01/31 | 917999 |
| 1000000 | NNN REIT, Inc. | 2.5000 | &nbsp;&nbsp;&nbsp;04/15/30 | 938794 |
| 1000000 | NNN REIT, Inc. | 5.6000 | &nbsp;&nbsp;&nbsp;10/15/33 | 1054720 |
| 1000000 | Omega Healthcare Investors, Inc. | 4.7500 | &nbsp;&nbsp;&nbsp;01/15/28 | 1010455 |
| 1000000 | Omega Healthcare Investors, Inc. | 3.6250 | &nbsp;&nbsp;&nbsp;10/01/29 | 975602 |
| 1000000 | Omega Healthcare Investors, Inc. | 3.2500 | &nbsp;&nbsp;&nbsp;04/15/33 | 903401 |
| 1000000 | Prologis, L.P. | 3.8750 | &nbsp;&nbsp;&nbsp;09/15/28 | 1001108 |
| 1000000 | Prologis, L.P. | 2.2500 | &nbsp;&nbsp;&nbsp;04/15/30 | 937168 |
| 1000000 | Prologis, L.P. | 1.2500 | &nbsp;&nbsp;&nbsp;10/15/30 | 885104 |
| 1000000 | Prologis, L.P. | 1.6250 | &nbsp;&nbsp;&nbsp;03/15/31 | 890820 |
| 1000000 | Public Storage Operating Company | 3.0940 | &nbsp;&nbsp;&nbsp;09/15/27 | 993347 |
| 10400000 | Sun Communities Operating, L.P. | 2.3000 | &nbsp;&nbsp;&nbsp;11/01/28 | 9942923 |
| 1000000 | Sun Communities Operating, L.P. | 2.7000 | &nbsp;&nbsp;&nbsp;07/15/31 | 918516 |
| 1000000 | UDR, Inc. | 3.2000 | &nbsp;&nbsp;&nbsp;01/15/30 | 971468 |
| 1000000 | UDR, Inc. | 2.1000 | &nbsp;&nbsp;&nbsp;08/01/32 | 872076 |
| 1000000 | Ventas Realty, L.P. | 3.2500 | &nbsp;&nbsp;&nbsp;10/15/26 | 995466 |
| 1000000 | Ventas Realty, L.P. | 4.0000 | &nbsp;&nbsp;&nbsp;03/01/28 | 1000085 |
| 1000000 | Ventas Realty, L.P. | 4.4000 | &nbsp;&nbsp;&nbsp;01/15/29 | 1010276 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Principal Amount ($)** |  | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **CORPORATE BONDS — 98.0% (Continued)** |  |  |  |
|  | **REAL ESTATE INVESTMENT TRUSTS** — **18.3% (Continued)** |  |  |  |
| 1000000 | Ventas Realty, L.P. | 4.7500 | &nbsp;&nbsp;&nbsp;11/15/30 | $1022221 |
| 1000000 | WP Carey, Inc. | 2.4000 | &nbsp;&nbsp;&nbsp;02/01/31 | 913340 |
| 1000000 | WP Carey, Inc. | 2.2500 | &nbsp;&nbsp;&nbsp;04/01/33 | 855258 |
|  |  |  |  | 87796626 |
|  | **RETAIL - DISCRETIONARY** — **3.0%** |  |  |  |
| 10400000 | AutoZone, Inc. | 3.7500 | &nbsp;&nbsp;&nbsp;06/01/27 | 10384477 |
| 1000000 | Genuine Parts Company | 6.5000 | &nbsp;&nbsp;&nbsp;11/01/28 | 1050808 |
| 1000000 | Genuine Parts Company | 1.8750 | &nbsp;&nbsp;&nbsp;11/01/30 | 883083 |
| 1000000 | Genuine Parts Company | 2.7500 | &nbsp;&nbsp;&nbsp;02/01/32 | 888126 |
| 1000000 | Tractor Supply Company B | 5.2500 | &nbsp;&nbsp;&nbsp;05/15/33 | 1039707 |
|  |  |  |  | 14246201 |
|  | **SEMICONDUCTORS** — **2.5%** |  |  |  |
| 1000000 | Broadcom, Inc. | 5.2000 | &nbsp;&nbsp;&nbsp;07/15/35 | 1033987 |
| 1000000 | KLA Corporation | 4.1000 | &nbsp;&nbsp;&nbsp;03/15/29 | 1007225 |
| 1000000 | KLA Corporation | 4.6500 | &nbsp;&nbsp;&nbsp;07/15/32 | 1026275 |
| 1000000 | KLA Corporation | 4.7000 | &nbsp;&nbsp;&nbsp;02/01/34 | 1015838 |
| 1000000 | Marvell Technology, Inc. | 2.9500 | &nbsp;&nbsp;&nbsp;04/15/31 | 935346 |
| 1000000 | Marvell Technology, Inc. | 5.4500 | &nbsp;&nbsp;&nbsp;07/15/35 | 1041716 |
| 1000000 | QUALCOMM, Inc. | 3.2500 | &nbsp;&nbsp;&nbsp;05/20/27 | 995330 |
| 1000000 | QUALCOMM, Inc. | 1.3000 | &nbsp;&nbsp;&nbsp;05/20/28 | 949592 |
| 1000000 | QUALCOMM, Inc. | 2.1500 | &nbsp;&nbsp;&nbsp;05/20/30 | 930713 |
| 1000000 | QUALCOMM, Inc. | 4.7500 | &nbsp;&nbsp;&nbsp;05/20/32 | 1028609 |
| 1000000 | QUALCOMM, Inc. | 5.4000 | &nbsp;&nbsp;&nbsp;05/20/33 | 1066638 |
| 1000000 | Skyworks Solutions, Inc. | 3.0000 | &nbsp;&nbsp;&nbsp;06/01/31 | 911909 |
|  |  |  |  | 11943178 |
|  | **SOFTWARE** — **2.8%** |  |  |  |
| 10400000 | Fortinet, Inc. | 2.2000 | &nbsp;&nbsp;&nbsp;03/15/31 | 9432963 |
| 1000000 | Roper Technologies, Inc. | 4.2000 | &nbsp;&nbsp;&nbsp;09/15/28 | 1003012 |
| 1000000 | Roper Technologies, Inc. | 2.0000 | &nbsp;&nbsp;&nbsp;06/30/30 | 909009 |
| 1000000 | Roper Technologies, Inc. | 1.7500 | &nbsp;&nbsp;&nbsp;02/15/31 | 879027 |
| 1000000 | Roper Technologies, Inc. | 4.7500 | &nbsp;&nbsp;&nbsp;02/15/32 | 1012574 |
|  |  |  |  | 13236585 |
|  | **SPECIALTY FINANCE** — **0.2%** |  |  |  |
| 1000000 | Air Lease Corporation | 2.8750 | &nbsp;&nbsp;&nbsp;01/15/32 | 909181 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Principal Amount ($)** |  | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **CORPORATE BONDS — 98.0% (Continued)** |  |  |  |
|  | **STEEL** — **0.8%** |  |  |  |
| 1000000 | Nucor Corporation | 2.7000 | &nbsp;&nbsp;&nbsp;06/01/30 | $949275 |
| 1000000 | Steel Dynamics, Inc. | 3.4500 | &nbsp;&nbsp;&nbsp;04/15/30 | 973496 |
| 1000000 | Steel Dynamics, Inc. | 3.2500 | &nbsp;&nbsp;&nbsp;01/15/31 | 958104 |
| 1000000 | Steel Dynamics, Inc. | 5.2500 | &nbsp;&nbsp;&nbsp;05/15/35 | 1027995 |
|  |  |  |  | 3908870 |
|  | **TECHNOLOGY HARDWARE** — **3.5%** |  |  |  |
| 1000000 | Arrow Electronics, Inc. | 3.8750 | &nbsp;&nbsp;&nbsp;01/12/28 | 995325 |
| 1000000 | Arrow Electronics, Inc. | 2.9500 | &nbsp;&nbsp;&nbsp;02/15/32 | 905097 |
| 1000000 | Flex Ltd. | 5.2500 | &nbsp;&nbsp;&nbsp;01/15/32 | 1027188 |
| 1000000 | Jabil, Inc. | 4.2500 | &nbsp;&nbsp;&nbsp;05/15/27 | 1004194 |
| 1000000 | Jabil, Inc. | 3.9500 | &nbsp;&nbsp;&nbsp;01/12/28 | 998637 |
| 10400000 | Jabil, Inc. | 3.6000 | &nbsp;&nbsp;&nbsp;01/15/30 | 10132165 |
| 1000000 | Jabil, Inc. | 3.0000 | &nbsp;&nbsp;&nbsp;01/15/31 | 938401 |
| 1000000 | Teledyne FLIR, LLC | 2.5000 | &nbsp;&nbsp;&nbsp;08/01/30 | 937786 |
|  |  |  |  | 16938793 |
|  | **TECHNOLOGY SERVICES** — **4.0%** |  |  |  |
| 1000000 | Amdocs Ltd. | 2.5380 | &nbsp;&nbsp;&nbsp;06/15/30 | 915142 |
| 10400000 | Automatic Data Processing, Inc. | 4.4500 | &nbsp;&nbsp;&nbsp;09/09/34 | 10399349 |
| 1000000 | Equifax, Inc. | 5.1000 | &nbsp;&nbsp;&nbsp;12/15/27 | 1018982 |
| 1000000 | Kyndryl Holdings, Inc.<sup>(b)</sup> | 6.3500 | &nbsp;&nbsp;&nbsp;02/20/34 | 955272 |
| 1000000 | MSCI, Inc.<sup>(a)</sup> | 3.6250 | &nbsp;&nbsp;&nbsp;11/01/31 | 941205 |
| 1000000 | MSCI, Inc. | 5.2500 | &nbsp;&nbsp;&nbsp;09/01/35 | 1001581 |
| 1000000 | Paychex, Inc. | 5.3500 | &nbsp;&nbsp;&nbsp;04/15/32 | 1026360 |
| 1000000 | Paychex, Inc. | 5.6000 | &nbsp;&nbsp;&nbsp;04/15/35 | 1026943 |
| 1000000 | Verisk Analytics, Inc. | 4.1250 | &nbsp;&nbsp;&nbsp;03/15/29 | 1003885 |
| 1000000 | Verisk Analytics, Inc. | 5.7500 | &nbsp;&nbsp;&nbsp;04/01/33 | 1060024 |
|  |  |  |  | 19348743 |
|  | **TRANSPORTATION & LOGISTICS** — **1.1%** |  |  |  |
| 1000000 | CSX Corporation | 3.8000 | &nbsp;&nbsp;&nbsp;03/01/28 | 1001292 |
| 1000000 | CSX Corporation | 4.2500 | &nbsp;&nbsp;&nbsp;03/15/29 | 1013859 |
| 1000000 | Ryder System, Inc. | 5.2500 | &nbsp;&nbsp;&nbsp;06/01/28 | 1027809 |
| 1000000 | Ryder System, Inc. | 5.3750 | &nbsp;&nbsp;&nbsp;03/15/29 | 1038321 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** | **INSPIRE CORPORATE BOND ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Principal Amount ($)** |  | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **CORPORATE BONDS — 98.0% (Continued)** |  |  |  |
|  | **TRANSPORTATION & LOGISTICS** — **1.1% (Continued)** |  |  |  |
| 1000000 | Ryder System, Inc. | 6.6000 | &nbsp;&nbsp;&nbsp;12/01/33 | $1129573 |
|  |  |  |  | 5210854 |
|  | **TRANSPORTATION EQUIPMENT** — **0.6%** |  |  |  |
| 1000000 | Westinghouse Air Brake Technologies Corporation | 3.4500 | &nbsp;&nbsp;&nbsp;11/15/26 | 996773 |
| 1000000 | Westinghouse Air Brake Technologies Corporation | 4.7000 | &nbsp;&nbsp;&nbsp;09/15/28 | 1016015 |
| 1000000 | Westinghouse Air Brake Technologies Corporation | 5.6110 | &nbsp;&nbsp;&nbsp;03/11/34 | 1060987 |
|  |  |  |  | 3073775 |
|  | **WHOLESALE - CONSUMER STAPLES** — **0.2%** |  |  |  |
| 1000000 | Archer-Daniels-Midland Company | 4.5000 | &nbsp;&nbsp;&nbsp;08/15/33 | 1012657 |
|  | **TOTAL CORPORATE BONDS (Cost $461,532,022)** |  |  | 470073967 |
| **Shares** |  |  |  | &nbsp;&nbsp;&nbsp;**Fair Value** |
|  | **COLLATERAL FOR SECURITIES LOANED – 0.2%** |  |  |  |
|  | **MONEY MARKET FUND - 0.2%** |  |  |  |
| 877795 | Fidelity Investments Money Market Government Portfolio - Institutional Class, 3.59% **(Cost $877,795)** <sup>(c)</sup> | Fidelity Investments Money Market Government Portfolio - Institutional Class, 3.59% **(Cost $877,795)** <sup>(c)</sup> | Fidelity Investments Money Market Government Portfolio - Institutional Class, 3.59% **(Cost $877,795)** <sup>(c)</sup> | &nbsp;&nbsp;&nbsp; 877795 |
|  | **TOTAL INVESTMENTS - 98.2% (Cost $461,532,022)** |  |  | &nbsp;&nbsp;&nbsp; $470951762 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES – 1.8%** |  |  | &nbsp;&nbsp; 8771717 |
|  | **NET ASSETS - 100.0%** |  |  | &nbsp;&nbsp; $479723479 |

---

<sup>(a)</sup> Security exempt from registration under Rule 144A or Section 4(2) of the Securities Act of 1933. The security may be resold in transactions exempt from registration, normally to qualified institutional buyers. As of February 28, 2026 the total market value of 144A securities is $2,955,360 or 0.6% of net assets.

<sup>(b)</sup> All or a portion of the security is on loan. The total fair value of the securities on loan as of February 28, 2026 was $857,834.

<sup>(c)</sup> Security was purchased with cash received as collateral for securities on loan at February 28, 2026. Total collateral had a value of $877,795 at February 28, 2026.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** CINCINNATI

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

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

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

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

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

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

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

- **a. Date of fiscal year-end:** 2026-11-30

- **b. Date as of which information is reported:** 2026-02-28

**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:** $481461178.26

**Total Liabilities:** $1737699.02

**Net Assets:** $479723479.24

**Cash Not Reported:** $23750.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 278.98939800 | **1-Year:** 28532.14927300 | **5-Year:** 118044.84750900 | **10-Year:** 39760.61996000 | **30-Year:** 0.00000000

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

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

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000176728 | 0.25%                | 0.25%                | 0.86%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $155763.23               | $-689019.27                                |
| Month 2  | $75619.66                | $-699794.85                                |
| Month 3  | $238140.01               | $2322497.06                                |

### Schedule of Portfolio Investments

| Name                                                      | Title                                         | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   | Fair Value Level   | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Waste Management, Inc.                                    | WM 3.15 11/15/27                              | CUSIP: 94106LBE8<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $992610.80    | 0.21%             | 2027-11-15      | Fixed         | 3.15%                 | No            | 2                  | On Loan: No      |
| The Campbells Co.                                         | CPB 5.4 03/21/34                              | CUSIP: 134429BP3<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1022587.38   | 0.21%             | 2034-03-21      | Fixed         | 5.40%                 | No            | 2                  | On Loan: No      |
| QUALCOMM Inc.                                             | QCOM 3 1/4 05/20/27                           | CUSIP: 747525AU7<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $995330.46    | 0.21%             | 2027-05-20      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| Crown Castle Inc.                                         | CCI 3.3 07/01/30                              | CUSIP: 22822VAR2<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $958763.11    | 0.20%             | 2030-07-01      | Fixed         | 3.30%                 | No            | 2                  | On Loan: No      |
| Albemarle Corp                                            | ALB 5.05 06/01/32                             | CUSIP: 012653AE1<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1019982.04   | 0.21%             | 2032-06-01      | Fixed         | 5.05%                 | No            | 2                  | On Loan: No      |
| Arrow Electronics, Inc.                                   | ARW 2.95 02/15/32                             | CUSIP: 04273WAC5<br>LEI: 549300YNNLBXT8N8R512 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $905097.48    | 0.19%             | 2032-02-15      | Fixed         | 2.95%                 | No            | 2                  | On Loan: No      |
| Schlumberger Holdings Corporation                         | SLB 4.3 05/01/29                              | CUSIP: 806851AH4<br>LEI: 529900IKZG65COT1D505 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1012732.76   | 0.21%             | 2029-05-01      | Fixed         | 4.30%                 | Yes           | 2                  | On Loan: No      |
| Jabil Inc                                                 | JBL 4 1/4 05/15/27                            | CUSIP: 466313AM5<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1004194.29   | 0.21%             | 2027-05-15      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| Teledyne FLIR LLC                                         | TDY 2 1/2 08/01/30                            | CUSIP: 302445AE1<br>LEI: 5493000HDPX16EHNN346 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $937786.10    | 0.20%             | 2030-08-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Zions Bancorporation Natl Assn Global Bank                | ZION 3 1/4 10/29/29                           | CUSIP: 98971DAB6<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $951434.52    | 0.20%             | 2029-10-29      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| Jabil Inc                                                 | JBL 3 01/15/31                                | CUSIP: 466313AK9<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $938401.28    | 0.20%             | 2031-01-15      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| NNN REIT Inc                                              | NNN 5.6 10/15/33                              | CUSIP: 637417AS5<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1054720.44   | 0.22%             | 2033-10-15      | Fixed         | 5.60%                 | No            | 2                  | On Loan: No      |
| Mohawk Industries, Inc.                                   | MHK 3 5/8 05/15/30                            | CUSIP: 608190AL8<br>LEI: 549300JI1115MG3Q6322 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $978925.57    | 0.20%             | 2030-05-15      | Fixed         | 3.62%                 | No            | 2                  | On Loan: No      |
| Marvell Technology Inc                                    | MRVL 5.45 07/15/35                            | CUSIP: 573874AS3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1041715.72   | 0.22%             | 2035-07-15      | Fixed         | 5.45%                 | No            | 2                  | On Loan: No      |
| Caterpillar Inc                                           | CAT 5.2 05/15/35                              | CUSIP: 149123CL3<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1049205.00   | 0.22%             | 2035-05-15      | Fixed         | 5.20%                 | No            | 2                  | On Loan: No      |
| Quanta Services, Inc.                                     | PWR 5 1/4 08/09/34                            | CUSIP: 74762EAL6<br>LEI: SHVRXXEACT60MMH07S24 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1036852.09   | 0.22%             | 2034-08-09      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Ryder System, Inc.                                        | R 5 3/8 03/15/29                              | CUSIP: 78355HKZ1<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1038321.27   | 0.22%             | 2029-03-15      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| QUALCOMM Inc.                                             | QCOM 1.3 05/20/28                             | CUSIP: 747525BN2<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $949591.50    | 0.20%             | 2028-05-20      | Fixed         | 1.30%                 | No            | 2                  | On Loan: No      |
| Republic Services, Inc.                                   | RSG 3 3/8 11/15/27                            | CUSIP: 760759AS9<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $994437.79    | 0.21%             | 2027-11-15      | Fixed         | 3.38%                 | No            | 2                  | On Loan: No      |
| Wabtec Corp                                               | WAB 4.7 09/15/28                              | CUSIP: 960386AM2<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1016014.53   | 0.21%             | 2028-09-15      | Fixed         | 4.70%                 | No            | 2                  | On Loan: No      |
| Roper Technologies Inc                                    | ROP 4 3/4 02/15/32                            | CUSIP: 776696AH9<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1012573.57   | 0.21%             | 2032-02-15      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| Diamondback Energy Inc                                    | FANG 5.55 04/01/35                            | CUSIP: 25278XBC2<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1046680.89   | 0.22%             | 2035-04-01      | Fixed         | 5.55%                 | No            | 2                  | On Loan: No      |
| Extra Space Storage LP                                    | EXR 2.35 03/15/32                             | CUSIP: 30225VAG2<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $884087.40    | 0.18%             | 2032-03-15      | Fixed         | 2.35%                 | No            | 2                  | On Loan: No      |
| Stanley Black & Decker, Inc.                              | SWK 2.3 03/15/30                              | CUSIP: 854502AL5<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $927969.43    | 0.19%             | 2030-03-15      | Fixed         | 2.30%                 | No            | 2                  | On Loan: No      |
| Mondelez International, Inc.                              | MDLZ 4 3/4 02/20/29                           | CUSIP: 609207BC8<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1024707.97   | 0.21%             | 2029-02-20      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| Cabot Corporation                                         | CBT 5 06/30/32                                | CUSIP: 127055AM3<br>LEI: K05C0SER542GQ6VLRO68 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1025034.03   | 0.21%             | 2032-06-30      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Mondelez International, Inc.                              | MDLZ 2 3/4 04/13/30                           | CUSIP: 609207AT2<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $949534.07    | 0.20%             | 2030-04-13      | Fixed         | 2.75%                 | No            | 2                  | On Loan: No      |
| Camden Property Trust                                     | CPT 4.9 01/15/34                              | CUSIP: 133131BB7<br>LEI: 5493002MYX22OHYJBD89 | Long             | DBT              | CORP              | US        |  10400000 | PA      | $10657632.02  | 2.22%             | 2034-01-15      | Fixed         | 4.90%                 | No            | 2                  | On Loan: No      |
| First Citizens Bank & Trust Company                       | FCNCA 6 1/8 03/09/28                          | CUSIP: 125581GX0<br>LEI: L9VVX1KT5TFTKS0MLF66 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1035607.96   | 0.22%             | 2028-03-09      | Fixed         | 6.12%                 | No            | 2                  | On Loan: No      |
| Amphenol Corporation                                      | APH 5.05 04/05/27                             | CUSIP: 032095AN1<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1013360.03   | 0.21%             | 2027-04-05      | Fixed         | 5.05%                 | No            | 2                  | On Loan: No      |
| Amcor Finance (USA) Inc.                                  | AMCR 4 1/2 05/15/28                           | CUSIP: 02343UAH8<br>LEI: 549300ZMT7FVT8R77U18 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1010868.48   | 0.21%             | 2028-05-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Extra Space Storage LP                                    | EXR 2.55 06/01/31                             | CUSIP: 30225VAF4<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |  10400000 | PA      | $9508609.34   | 1.98%             | 2031-06-01      | Fixed         | 2.55%                 | No            | 2                  | On Loan: No      |
| D.R. Horton, Inc.                                         | DHI 1.3 10/15/26                              | CUSIP: 23331ABQ1<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $984452.90    | 0.21%             | 2026-10-15      | Fixed         | 1.30%                 | No            | 2                  | On Loan: No      |
| Masco Corporation                                         | MAS 2 02/15/31                                | CUSIP: 574599BQ8<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $899687.28    | 0.19%             | 2031-02-15      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| CSX Corporation                                           | CSX 3.8 03/01/28                              | CUSIP: 126408HJ5<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1001291.93   | 0.21%             | 2028-03-01      | Fixed         | 3.80%                 | No            | 2                  | On Loan: No      |
| Cintas Corporation No. 2                                  | CTAS 4 05/01/32                               | CUSIP: 17252MAQ3<br>LEI: 549300QVUQTTKMTE0G41 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $992797.72    | 0.21%             | 2032-05-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Ingersoll Rand Inc                                        | IR 5.176 06/15/29                             | CUSIP: 45687VAD8<br>LEI: 5299004C02FMZCUOIR50 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1037880.89   | 0.22%             | 2029-06-15      | Fixed         | 5.18%                 | No            | 2                  | On Loan: No      |
| Nordson Corp                                              | NDSN 5.8 09/15/33                             | CUSIP: 655663AB8<br>LEI: 14OS6Q5N55N95WM84M53 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1069630.43   | 0.22%             | 2033-09-15      | Fixed         | 5.80%                 | No            | 2                  | On Loan: No      |
| Mohawk Industries, Inc.                                   | MHK 5.85 09/18/28                             | CUSIP: 608190AM6<br>LEI: 549300JI1115MG3Q6322 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1042820.47   | 0.22%             | 2028-09-18      | Fixed         | 5.85%                 | No            | 2                  | On Loan: No      |
| Digital Realty Trust, L.P.                                | DLR 4.45 07/15/28                             | CUSIP: 25389JAT3<br>LEI: CD4SPTZ3YBTHY0C1AH38 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1010770.95   | 0.21%             | 2028-07-15      | Fixed         | 4.45%                 | No            | 2                  | On Loan: No      |
| Mondelez International, Inc.                              | MDLZ 4 3/4 08/28/34                           | CUSIP: 609207BE4<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1006202.70   | 0.21%             | 2034-08-28      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| Devon Financing Corp ULC                                  | DVN 7 7/8 09/30/31                            | CUSIP: 25179SAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1173792.20   | 0.24%             | 2031-09-30      | Fixed         | 7.88%                 | No            | 2                  | On Loan: No      |
| Automatic Data Processing, Inc.                           | ADP 4.45 09/09/34                             | CUSIP: 053015AH6<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | DBT              | CORP              | US        |  10400000 | PA      | $10399349.90  | 2.17%             | 2034-09-09      | Fixed         | 4.45%                 | No            | 2                  | On Loan: No      |
| QUALCOMM Inc.                                             | QCOM 4 3/4 05/20/32                           | CUSIP: 747525BV4<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1028608.56   | 0.21%             | 2032-05-20      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| Amcor Flexibles North America Inc                         | AMCR 2.63 06/19/30                            | CUSIP: 081437AT2<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $940316.90    | 0.20%             | 2030-06-19      | Fixed         | 2.63%                 | No            | 2                  | On Loan: No      |
| Primerica, Inc.                                           | PRI 2.8 11/19/31                              | CUSIP: 74164MAB4<br>LEI: 254900621R686KJR7022 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $916691.29    | 0.19%             | 2031-11-19      | Fixed         | 2.80%                 | No            | 2                  | On Loan: No      |
| Cintas Corporation No. 2                                  | CTAS 3.7 04/01/27                             | CUSIP: 17252MAN0<br>LEI: 549300QVUQTTKMTE0G41 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $999442.42    | 0.21%             | 2027-04-01      | Fixed         | 3.70%                 | No            | 2                  | On Loan: No      |
| Conagra Brands Inc                                        | CAG 5 3/4 08/01/35                            | CUSIP: 205887CL4<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1031663.20   | 0.22%             | 2035-08-01      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| Wabtec Corp                                               | WAB 5.611 03/11/34                            | CUSIP: 960386AR1<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1060987.88   | 0.22%             | 2034-03-11      | Fixed         | 5.61%                 | No            | 2                  | On Loan: No      |
| Caterpillar Inc                                           | CAT 2.6 09/19/29                              | CUSIP: 149123CG4<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |  10400000 | PA      | $10006709.44  | 2.09%             | 2029-09-19      | Fixed         | 2.60%                 | No            | 2                  | On Loan: No      |
| Omega Healthcare Investors, Inc.                          | OHI 3 5/8 10/01/29                            | CUSIP: 681936BL3<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $975602.46    | 0.20%             | 2029-10-01      | Fixed         | 3.62%                 | No            | 2                  | On Loan: No      |
| WEC Energy Group Inc.                                     | WEC 1 3/8 10/15/27                            | CUSIP: 92939UAD8<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $962737.85    | 0.20%             | 2027-10-15      | Fixed         | 1.38%                 | No            | 2                  | On Loan: No      |
| Crown Castle Inc.                                         | CCI 5.8 03/01/34                              | CUSIP: 22822VBE0<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1059854.57   | 0.22%             | 2034-03-01      | Fixed         | 5.80%                 | No            | 2                  | On Loan: No      |
| W. P. Carey Inc                                           | WPC 2 1/4 04/01/33                            | CUSIP: 92936UAH2<br>LEI: 54930042CRNE713E3Q67 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $855257.57    | 0.18%             | 2033-04-01      | Fixed         | 2.25%                 | No            | 2                  | On Loan: No      |
| Alexandria Real Estate Equities, Inc.                     | ARE 4.7 07/01/30                              | CUSIP: 015271AN9<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1015848.83   | 0.21%             | 2030-07-01      | Fixed         | 4.70%                 | No            | 2                  | On Loan: No      |
| Conagra Brands Inc                                        | CAG 1 3/8 11/01/27                            | CUSIP: 205887CF7<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |  10400000 | PA      | $9959038.65   | 2.08%             | 2027-11-01      | Fixed         | 1.38%                 | No            | 2                  | On Loan: No      |
| Steel Dynamics, Inc.                                      | STLD 3 1/4 01/15/31                           | CUSIP: 858119BM1<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $958103.86    | 0.20%             | 2031-01-15      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| LXP Industrial Trust                                      | LXP 2.7 09/15/30                              | CUSIP: 529043AE1<br>LEI: 549300S4MH2ICXDBFV43 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $927915.72    | 0.19%             | 2030-09-15      | Fixed         | 2.70%                 | No            | 2                  | On Loan: No      |
| BorgWarner Inc.                                           | BWA 2.65 07/01/27                             | CUSIP: 099724AL0<br>LEI: 549300DSFX2IE88NSX47 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $982522.55    | 0.20%             | 2027-07-01      | Fixed         | 2.65%                 | No            | 2                  | On Loan: No      |
| Targa Resources Partners LP/Targa Resources Finance Corp. | TRGP 5 01/15/28                               | CUSIP: 87612BBG6<br>LEI: 6OQWTZ1SPC04IFT4T704 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1000589.71   | 0.21%             | 2028-01-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Eversource Energy                                         | ES 5.95 07/15/34                              | CUSIP: 30040WAZ1<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1069002.84   | 0.22%             | 2034-07-15      | Fixed         | 5.95%                 | No            | 2                  | On Loan: No      |
| Carlisle Companies Inc.                                   | CSL 3 3/4 12/01/27                            | CUSIP: 142339AH3<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $997418.11    | 0.21%             | 2027-12-01      | Fixed         | 3.75%                 | No            | 2                  | On Loan: No      |
| Amdocs Limited                                            | DOX 2.538 06/15/30                            | CUSIP: 02342TAE9<br>LEI: 549300HQV672RJ7RQV66 | Long             | DBT              | CORP              | GG        |   1000000 | PA      | $915141.55    | 0.19%             | 2030-06-15      | Fixed         | 2.54%                 | No            | 2                  | On Loan: No      |
| Kyndryl Holdings Inc                                      | KD 6.35 02/20/34                              | CUSIP: 50155QAN0<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $955271.58    | 0.20%             | 2034-02-20      | Fixed         | 6.35%                 | No            | 2                  | On Loan: —       |
| Public Service Enterprise Group Incorporated              | PEG 5.4 03/15/35                              | CUSIP: 744573BB1<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1038065.74   | 0.22%             | 2035-03-15      | Fixed         | 5.40%                 | No            | 2                  | On Loan: No      |
| Ingersoll Rand Inc                                        | IR 5.7 08/14/33                               | CUSIP: 45687VAB2<br>LEI: 5299004C02FMZCUOIR50 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1070436.43   | 0.22%             | 2033-08-14      | Fixed         | 5.70%                 | No            | 2                  | On Loan: No      |
| Regions Financial Corporation                             | RF 1.8 08/12/28                               | CUSIP: 7591EPAT7<br>LEI: CW05CS5KW59QTC0DG824 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $947391.52    | 0.20%             | 2028-08-12      | Fixed         | 1.80%                 | No            | 2                  | On Loan: No      |
| Skyworks Solutions, Inc.                                  | SWKS 3 06/01/31                               | CUSIP: 83088MAL6<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $911909.43    | 0.19%             | 2031-06-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Fortinet Inc                                              | FTNT 2.2 03/15/31                             | CUSIP: 34959EAB5<br>LEI: 549300O0QJWDBAS0QX03 | Long             | DBT              | CORP              | US        |  10400000 | PA      | $9432963.90   | 1.97%             | 2031-03-15      | Fixed         | 2.20%                 | No            | 2                  | On Loan: No      |
| MPLX LP                                                   | MPLX 5.4 04/01/35                             | CUSIP: 55336VBY5<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1024278.26   | 0.21%             | 2035-04-01      | Fixed         | 5.40%                 | No            | 2                  | On Loan: No      |
| Newmont Corporation                                       | NEM 2.6 07/15/32                              | CUSIP: 651639AZ9<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | DBT              | CORP              | US        |  10400000 | PA      | $9569769.98   | 1.99%             | 2032-07-15      | Fixed         | 2.60%                 | No            | 2                  | On Loan: No      |
| Stanley Black & Decker, Inc.                              | SWK 3 05/15/32                                | CUSIP: 854502AQ4<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |  10400000 | PA      | $9570763.49   | 2.00%             | 2032-05-15      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Schlumberger Holdings Corporation                         | SLB 3.9 05/17/28                              | CUSIP: 806851AK7<br>LEI: 529900IKZG65COT1D505 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1001421.88   | 0.21%             | 2028-05-17      | Fixed         | 3.90%                 | Yes           | 2                  | On Loan: No      |
| Ventas Realty Limited Partnership                         | VTR 4.4 01/15/29                              | CUSIP: 92277GAN7<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1010276.21   | 0.21%             | 2029-01-15      | Fixed         | 4.40%                 | No            | 2                  | On Loan: No      |
| National Fuel Gas Company                                 | NFG 2.95 03/01/31                             | CUSIP: 636180BR1<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $929946.74    | 0.19%             | 2031-03-01      | Fixed         | 2.95%                 | No            | 2                  | On Loan: No      |
| Boston Properties LP                                      | BXP 3 1/4 01/30/31                            | CUSIP: 10112RBD5<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |  10400000 | PA      | $9802867.88   | 2.04%             | 2031-01-30      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| MSCI Inc.                                                 | MSCI 5 1/4 09/01/35                           | CUSIP: 55354GAR1<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1001580.94   | 0.21%             | 2035-09-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Marvell Technology Inc                                    | MRVL 2.95 04/15/31                            | CUSIP: 573874AJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $935346.01    | 0.19%             | 2031-04-15      | Fixed         | 2.95%                 | No            | 2                  | On Loan: No      |
| Atmos Energy Corp.                                        | ATO 2 5/8 09/15/29                            | CUSIP: 049560AR6<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |  10400000 | PA      | $10001225.73  | 2.08%             | 2029-09-15      | Fixed         | 2.62%                 | No            | 2                  | On Loan: No      |
| Cboe Global Markets Inc                                   | CBOE 3.65 01/12/27                            | CUSIP: 12503MAA6<br>LEI: 529900RLNSGA90UPEH54 | Long             | DBT              | CORP              | US        |  10400000 | PA      | $10386745.41  | 2.17%             | 2027-01-12      | Fixed         | 3.65%                 | No            | 2                  | On Loan: No      |
| Prologis, L.P.                                            | PLD 1 1/4 10/15/30                            | CUSIP: 74340XBR1<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $885103.52    | 0.18%             | 2030-10-15      | Fixed         | 1.25%                 | No            | 2                  | On Loan: No      |
| Kinder Morgan, Inc.                                       | KMI 5.2 06/01/33                              | CUSIP: 49456BAX9<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1043938.31   | 0.22%             | 2033-06-01      | Fixed         | 5.20%                 | No            | 2                  | On Loan: No      |
| EQT Corporation                                           | EQT 7 02/01/30                                | CUSIP: 26884LAG4<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1095833.75   | 0.23%             | 2030-02-01      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Republic Services, Inc.                                   | RSG 2.3 03/01/30                              | CUSIP: 760759AV2<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $938742.95    | 0.20%             | 2030-03-01      | Fixed         | 2.30%                 | No            | 2                  | On Loan: No      |
| Entergy Corporation                                       | ETR 2.8 06/15/30                              | CUSIP: 29364GAL7<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $946857.13    | 0.20%             | 2030-06-15      | Fixed         | 2.80%                 | No            | 2                  | On Loan: No      |
| Cheniere Energy Partners Lp                               | CQP 5.95 06/30/33                             | CUSIP: 16411QAQ4<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1073129.47   | 0.22%             | 2033-06-30      | Fixed         | 5.95%                 | No            | 2                  | On Loan: No      |
| Republic Services, Inc.                                   | RSG 1 3/4 02/15/32                            | CUSIP: 760759AZ3<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |  10400000 | PA      | $9095083.40   | 1.90%             | 2032-02-15      | Fixed         | 1.75%                 | No            | 2                  | On Loan: No      |
| Dentsply Sirona Inc                                       | XRAY 3 1/4 06/01/30                           | CUSIP: 24906PAA7<br>LEI: 9NHEHR1SOZCYXDO8HO28 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $938635.24    | 0.20%             | 2030-06-01      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| Trimble Inc                                               | TRMB 6.1 03/15/33                             | CUSIP: 896239AE0<br>LEI: 549300E2MI7NSZFQWS19 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1066513.25   | 0.22%             | 2033-03-15      | Fixed         | 6.10%                 | No            | 2                  | On Loan: No      |
| The Progressive Corporation                               | PGR 3.2 03/26/30                              | CUSIP: 743315AW3<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $972055.04    | 0.20%             | 2030-03-26      | Fixed         | 3.20%                 | No            | 2                  | On Loan: No      |
| Public Storage                                            | PSA 3.094 09/15/27                            | CUSIP: 74460DAC3<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $993347.35    | 0.21%             | 2027-09-15      | Fixed         | 3.09%                 | No            | 2                  | On Loan: No      |
| Archer-Daniels-Midland Co.                                | ADM 4 1/2 08/15/33                            | CUSIP: 039482AE4<br>LEI: 549300LO13MQ9HYSTR83 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1012657.09   | 0.21%             | 2033-08-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Jabil Inc                                                 | JBL 3.6 01/15/30                              | CUSIP: 466313AJ2<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |  10400000 | PA      | $10132164.12  | 2.11%             | 2030-01-15      | Fixed         | 3.60%                 | No            | 2                  | On Loan: No      |
| Alexandria Real Estate Equities, Inc.                     | ARE 3 3/8 08/15/31                            | CUSIP: 015271AR0<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $942343.22    | 0.20%             | 2031-08-15      | Fixed         | 3.38%                 | No            | 2                  | On Loan: No      |
| Coca-Cola Consolidated Inc                                | COKE 5.45 06/01/34                            | CUSIP: 191098AP7<br>LEI: 57VG5X0E00X0QJU7CQ58 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1064471.24   | 0.22%             | 2034-06-01      | Fixed         | 5.45%                 | No            | 2                  | On Loan: No      |
| Waste Management, Inc.                                    | WM 4 5/8 02/15/33                             | CUSIP: 94106LBU2<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1025534.52   | 0.21%             | 2033-02-15      | Fixed         | 4.62%                 | No            | 2                  | On Loan: No      |
| Paychex Inc                                               | PAYX 5.6 04/15/35                             | CUSIP: 704326AC1<br>LEI: 529900K900DW6SUBM174 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1026942.58   | 0.21%             | 2035-04-15      | Fixed         | 5.60%                 | No            | 2                  | On Loan: No      |
| Jabil Inc                                                 | JBL 3.95 01/12/28                             | CUSIP: 466313AH6<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $998637.42    | 0.21%             | 2028-01-12      | Fixed         | 3.95%                 | No            | 2                  | On Loan: No      |
| Essential Utilities Inc                                   | WTRG 4.8 08/15/27                             | CUSIP: 29670GAJ1<br>LEI: 549300ILTEOF3E3QY357 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1010961.51   | 0.21%             | 2027-08-15      | Fixed         | 4.80%                 | No            | 2                  | On Loan: No      |
| Amphenol Corporation                                      | APH 2.2 09/15/31                              | CUSIP: 032095AL5<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $907184.68    | 0.19%             | 2031-09-15      | Fixed         | 2.20%                 | No            | 2                  | On Loan: No      |
| Aptargroup Inc.                                           | ATR 3.6 03/15/32                              | CUSIP: 038336AA1<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $955019.26    | 0.20%             | 2032-03-15      | Fixed         | 3.60%                 | No            | 2                  | On Loan: No      |
| Prologis, L.P.                                            | PLD 2 1/4 04/15/30                            | CUSIP: 74340XBM2<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $937168.22    | 0.20%             | 2030-04-15      | Fixed         | 2.25%                 | No            | 2                  | On Loan: No      |
| Ventas Realty Limited Partnership                         | VTR 4 03/01/28                                | CUSIP: 92277GAM9<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1000085.03   | 0.21%             | 2028-03-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Omega Healthcare Investors, Inc.                          | OHI 4 3/4 01/15/28                            | CUSIP: 681936BK5<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1010455.48   | 0.21%             | 2028-01-15      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| The Progressive Corporation                               | PGR 4.95 06/15/33                             | CUSIP: 743315BB8<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1032509.53   | 0.22%             | 2033-06-15      | Fixed         | 4.95%                 | No            | 2                  | On Loan: No      |
| Atmos Energy Corp.                                        | ATO 3 06/15/27                                | CUSIP: 049560AN5<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $992370.35    | 0.21%             | 2027-06-15      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Revvity Inc                                               | RVTY 2 1/4 09/15/31                           | CUSIP: 714046AN9<br>LEI: 549300IKL1SDPFI7N655 | Long             | DBT              | CORP              | US        |  10400000 | PA      | $9274405.19   | 1.93%             | 2031-09-15      | Fixed         | 2.25%                 | No            | 2                  | On Loan: No      |
| Albemarle Corp                                            | ALB 4.65 06/01/27                             | CUSIP: 012653AD3<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1007683.74   | 0.21%             | 2027-06-01      | Fixed         | 4.65%                 | No            | 2                  | On Loan: No      |
| KLA Corp.                                                 | KLAC 4.7 02/01/34                             | CUSIP: 482480AP5<br>LEI: 549300H0BF5JCG96TJ81 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1015838.11   | 0.21%             | 2034-02-01      | Fixed         | 4.70%                 | No            | 2                  | On Loan: No      |
| QUALCOMM Inc.                                             | QCOM 2.15 05/20/30                            | CUSIP: 747525BK8<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $930713.08    | 0.19%             | 2030-05-20      | Fixed         | 2.15%                 | No            | 2                  | On Loan: No      |
| UDR Inc                                                   | UDR 2.1 08/01/32                              | CUSIP: 90265EAT7<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $872076.47    | 0.18%             | 2032-08-01      | Fixed         | 2.10%                 | No            | 2                  | On Loan: No      |
| Roper Technologies Inc                                    | ROP 3.8 12/15/26                              | CUSIP: 776743AD8<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $999122.91    | 0.21%             | 2026-12-15      | Fixed         | 3.80%                 | No            | 2                  | On Loan: No      |
| Boston Properties LP                                      | BXP 2.55 04/01/32                             | CUSIP: 10112RBE3<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $879847.69    | 0.18%             | 2032-04-01      | Fixed         | 2.55%                 | No            | 2                  | On Loan: No      |
| Ryder System, Inc.                                        | R 6.6 12/01/33                                | CUSIP: 78355HKY4<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1129572.45   | 0.24%             | 2033-12-01      | Fixed         | 6.60%                 | No            | 2                  | On Loan: No      |
| Digital Realty Trust, L.P.                                | DLR 3.6 07/01/29                              | CUSIP: 25389JAU0<br>LEI: CD4SPTZ3YBTHY0C1AH38 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $987775.14    | 0.21%             | 2029-07-01      | Fixed         | 3.60%                 | No            | 2                  | On Loan: No      |
| Waste Connections Inc.                                    | WCNCN 4 1/4 12/01/28                          | CUSIP: 941053AH3<br>LEI: 549300ZX1Z8QGWASPX54 | Long             | DBT              | CORP              | CA        |   1000000 | PA      | $1010405.98   | 0.21%             | 2028-12-01      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| Veralto Corp.                                             | VLTO 5.45 09/18/33                            | CUSIP: 92338CAF0<br>LEI: 635400FJE6GSOJUSNY27 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1054155.81   | 0.22%             | 2033-09-18      | Fixed         | 5.45%                 | No            | 2                  | On Loan: No      |
| MPLX LP                                                   | MPLX 4.95 09/01/32                            | CUSIP: 55336VBU3<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1018731.20   | 0.21%             | 2032-09-01      | Fixed         | 4.95%                 | No            | 2                  | On Loan: No      |
| Parker-Hannifin Corp.                                     | PH 3 1/4 06/14/29                             | CUSIP: 701094AN4<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $981163.37    | 0.20%             | 2029-06-14      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| Broadcom Inc                                              | AVGO 5.2 07/15/35                             | CUSIP: 11135FCM1<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1033986.99   | 0.22%             | 2035-07-15      | Fixed         | 5.20%                 | No            | 2                  | On Loan: No      |
| Pulte Group Inc                                           | PHM 6 3/8 05/15/33                            | CUSIP: 745867AP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1116393.97   | 0.23%             | 2033-05-15      | Fixed         | 6.38%                 | No            | 2                  | On Loan: No      |
| The Campbells Co.                                         | CPB 4.15 03/15/28                             | CUSIP: 134429BG3<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1003517.67   | 0.21%             | 2028-03-15      | Fixed         | 4.15%                 | No            | 2                  | On Loan: No      |
| Carlisle Companies Inc.                                   | CSL 2.2 03/01/32                              | CUSIP: 142339AL4<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $885600.03    | 0.18%             | 2032-03-01      | Fixed         | 2.20%                 | No            | 2                  | On Loan: No      |
| Tennessee Gas Pipeline Company                            | KMI 7 10/15/28                                | CUSIP: 880451AV1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1076304.69   | 0.22%             | 2028-10-15      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| BorgWarner Inc.                                           | BWA 4.95 08/15/29                             | CUSIP: 099724AP1<br>LEI: 549300DSFX2IE88NSX47 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1028204.75   | 0.21%             | 2029-08-15      | Fixed         | 4.95%                 | No            | 2                  | On Loan: No      |
| W. P. Carey Inc                                           | WPC 2.4 02/01/31                              | CUSIP: 92936UAG4<br>LEI: 54930042CRNE713E3Q67 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $913340.21    | 0.19%             | 2031-02-01      | Fixed         | 2.40%                 | No            | 2                  | On Loan: No      |
| Quanta Services, Inc.                                     | PWR 4 1/2 01/15/31                            | CUSIP: 74762EAN2<br>LEI: SHVRXXEACT60MMH07S24 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1012571.41   | 0.21%             | 2031-01-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Oneok Inc.                                                | OKE 6 06/15/35                                | CUSIP: 682680AN3<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1066714.83   | 0.22%             | 2035-06-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Agco Corporation                                          | AGCO 5.45 03/21/27                            | CUSIP: 001084AR3<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1012811.38   | 0.21%             | 2027-03-21      | Fixed         | 5.45%                 | No            | 2                  | On Loan: No      |
| Baxter International, Inc.                                | BAX 2.272 12/01/28                            | CUSIP: 071813CP2<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $945934.44    | 0.20%             | 2028-12-01      | Fixed         | 2.27%                 | No            | 2                  | On Loan: No      |
| McCormick & Company, Incorporated                         | MKC 4.95 04/15/33                             | CUSIP: 579780AT4<br>LEI: 549300JQQA6MQ4OJP259 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1026773.64   | 0.21%             | 2033-04-15      | Fixed         | 4.95%                 | No            | 2                  | On Loan: No      |
| CSX Corporation                                           | CSX 4 1/4 03/15/29                            | CUSIP: 126408HM8<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1013858.92   | 0.21%             | 2029-03-15      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| Air Lease Corporation                                     | AL 2 7/8 01/15/32                             | CUSIP: 00914AAS1<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $909180.80    | 0.19%             | 2032-01-15      | Fixed         | 2.88%                 | No            | 2                  | On Loan: No      |
| Verisk Analytics, Inc.                                    | VRSK 5 3/4 04/01/33                           | CUSIP: 92345YAH9<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1060025.39   | 0.22%             | 2033-04-01      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| Fortune Brands Innovations Inc                            | FBINUS 3 1/4 09/15/29                         | CUSIP: 34964CAE6<br>LEI: 54930032LHW54PQUJD44 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $971842.12    | 0.20%             | 2029-09-15      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| UDR Inc                                                   | UDR 3.2 01/15/30                              | CUSIP: 90265EAQ3<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $971467.86    | 0.20%             | 2030-01-15      | Fixed         | 3.20%                 | No            | 2                  | On Loan: No      |
| Ingersoll Rand Inc                                        | IR 5.314 06/15/31                             | CUSIP: 45687VAE6<br>LEI: 5299004C02FMZCUOIR50 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1053402.55   | 0.22%             | 2031-06-15      | Fixed         | 5.31%                 | No            | 2                  | On Loan: No      |
| Essential Utilities Inc                                   | WTRG 5 3/8 01/15/34                           | CUSIP: 29670GAH5<br>LEI: 549300ILTEOF3E3QY357 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1043528.10   | 0.22%             | 2034-01-15      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| LXP Industrial Trust                                      | LXP 2 3/8 10/01/31                            | CUSIP: 529537AA0<br>LEI: 549300S4MH2ICXDBFV43 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $888285.01    | 0.19%             | 2031-10-01      | Fixed         | 2.38%                 | No            | 2                  | On Loan: No      |
| Solventum Corp.                                           | SOLV 5.45 03/13/31                            | CUSIP: 83444MAQ4<br>LEI: 254900I70403OSGY4M28 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1050306.69   | 0.22%             | 2031-03-13      | Fixed         | 5.45%                 | No            | 2                  | On Loan: No      |
| Royalty Pharma PLC                                        | RPRX 5.4 09/02/34                             | CUSIP: 78081BAR4<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $1036479.20   | 0.22%             | 2034-09-02      | Fixed         | 5.40%                 | No            | 2                  | On Loan: No      |
| Vulcan Materials Company                                  | VMC 3.9 04/01/27                              | CUSIP: 929160AT6<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1000741.75   | 0.21%             | 2027-04-01      | Fixed         | 3.90%                 | No            | 2                  | On Loan: No      |
| Stanley Black & Decker, Inc.                              | SWK 6 03/06/28                                | CUSIP: 854502AT8<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1039053.42   | 0.22%             | 2028-03-06      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| KLA Corp.                                                 | KLAC 4.1 03/15/29                             | CUSIP: 482480AG5<br>LEI: 549300H0BF5JCG96TJ81 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1007224.86   | 0.21%             | 2029-03-15      | Fixed         | 4.10%                 | No            | 2                  | On Loan: No      |
| Amphenol Corporation                                      | APH 2.8 02/15/30                              | CUSIP: 032095AJ0<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $957490.57    | 0.20%             | 2030-02-15      | Fixed         | 2.80%                 | No            | 2                  | On Loan: No      |
| KLA Corp.                                                 | KLAC 4.65 07/15/32                            | CUSIP: 482480AL4<br>LEI: 549300H0BF5JCG96TJ81 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1026275.10   | 0.21%             | 2032-07-15      | Fixed         | 4.65%                 | No            | 2                  | On Loan: No      |
| Targa Resources Corp.                                     | TRGP 6 1/8 03/15/33                           | CUSIP: 87612GAC5<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1082472.04   | 0.23%             | 2033-03-15      | Fixed         | 6.12%                 | No            | 2                  | On Loan: No      |
| EQT Corporation                                           | EQT 5.7 04/01/28                              | CUSIP: 26884LAQ2<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1034284.38   | 0.22%             | 2028-04-01      | Fixed         | 5.70%                 | No            | 2                  | On Loan: No      |
| MSCI Inc.                                                 | MSCI 3 5/8 11/01/31                           | CUSIP: 55354GAM2<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $941204.81    | 0.20%             | 2031-11-01      | Fixed         | 3.62%                 | Yes           | 2                  | On Loan: No      |
| Ventas Realty Limited Partnership                         | VTR 3 1/4 10/15/26                            | CUSIP: 92277GAJ6<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $995466.08    | 0.21%             | 2026-10-15      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| Kinder Morgan, Inc.                                       | KMI 4.3 03/01/28                              | CUSIP: 49456BAP6<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1008581.77   | 0.21%             | 2028-03-01      | Fixed         | 4.30%                 | No            | 2                  | On Loan: No      |
| Verisk Analytics, Inc.                                    | VRSK 4 1/8 03/15/29                           | CUSIP: 92345YAF3<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1003884.93   | 0.21%             | 2029-03-15      | Fixed         | 4.12%                 | No            | 2                  | On Loan: No      |
| EQT Corporation                                           | EQT 5 3/4 02/01/34                            | CUSIP: 26884LAR0<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1059545.61   | 0.22%             | 2034-02-01      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| Boston Properties LP                                      | BXP 3.4 06/21/29                              | CUSIP: 10112RBB9<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $974875.63    | 0.20%             | 2029-06-21      | Fixed         | 3.40%                 | No            | 2                  | On Loan: No      |
| Essential Utilities Inc                                   | WTRG 2.704 04/15/30                           | CUSIP: 29670GAD4<br>LEI: 549300ILTEOF3E3QY357 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $947076.72    | 0.20%             | 2030-04-15      | Fixed         | 2.70%                 | No            | 2                  | On Loan: No      |
| Carlisle Companies Inc.                                   | CSL 2 3/4 03/01/30                            | CUSIP: 142339AJ9<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |  10400000 | PA      | $9889022.10   | 2.06%             | 2030-03-01      | Fixed         | 2.75%                 | No            | 2                  | On Loan: No      |
| Ventas Realty Limited Partnership                         | VTR 4 3/4 11/15/30                            | CUSIP: 92277GAV9<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1022221.43   | 0.21%             | 2030-11-15      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| Valero Energy Corp.                                       | VLO 4.35 06/01/28                             | CUSIP: 91913YAV2<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |  10400000 | PA      | $10496889.21  | 2.19%             | 2028-06-01      | Fixed         | 4.35%                 | No            | 2                  | On Loan: No      |
| Genuine Parts Co                                          | GPC 1 7/8 11/01/30                            | CUSIP: 372460AA3<br>LEI: 549300D46DQVEU651W04 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $883082.67    | 0.18%             | 2030-11-01      | Fixed         | 1.88%                 | No            | 2                  | On Loan: No      |
| Boston Properties LP                                      | BXP 4 1/2 12/01/28                            | CUSIP: 10112RBA1<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1009393.76   | 0.21%             | 2028-12-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| BorgWarner Inc.                                           | BWA 5.4 08/15/34                              | CUSIP: 099724AQ9<br>LEI: 549300DSFX2IE88NSX47 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1041695.26   | 0.22%             | 2034-08-15      | Fixed         | 5.40%                 | No            | 2                  | On Loan: No      |
| Roper Technologies Inc                                    | ROP 1 3/4 02/15/31                            | CUSIP: 776743AL0<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $879026.65    | 0.18%             | 2031-02-15      | Fixed         | 1.75%                 | No            | 2                  | On Loan: No      |
| Kite Realty Group, L.P.                                   | KRG 4 3/4 09/15/30                            | CUSIP: 76131VAB9<br>LEI: 549300X6R2GYI8Y3OD81 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1020887.72   | 0.21%             | 2030-09-15      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| Carlisle Companies Inc.                                   | CSL 5 1/4 09/15/35                            | CUSIP: 142339AN0<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1033159.40   | 0.22%             | 2035-09-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Ingersoll Rand Inc                                        | IR 5.4 08/14/28                               | CUSIP: 45687VAA4<br>LEI: 5299004C02FMZCUOIR50 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1035109.78   | 0.22%             | 2028-08-14      | Fixed         | 5.40%                 | No            | 2                  | On Loan: No      |
| Extra Space Storage LP                                    | EXR 3.9 04/01/29                              | CUSIP: 30225VAH0<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $995821.46    | 0.21%             | 2029-04-01      | Fixed         | 3.90%                 | No            | 2                  | On Loan: No      |
| NNN REIT Inc                                              | NNN 2 1/2 04/15/30                            | CUSIP: 637417AN6<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $938793.77    | 0.20%             | 2030-04-15      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Parker-Hannifin Corp.                                     | PH 4 1/2 09/15/29                             | CUSIP: 701094AS3<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1019555.86   | 0.21%             | 2029-09-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Republic Services, Inc.                                   | RSG 1.45 02/15/31                             | CUSIP: 760759AX8<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $883515.96    | 0.18%             | 2031-02-15      | Fixed         | 1.45%                 | No            | 2                  | On Loan: No      |
| Caterpillar Inc                                           | CAT 1.9 03/12/31                              | CUSIP: 149123CK5<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $910384.20    | 0.19%             | 2031-03-12      | Fixed         | 1.90%                 | No            | 2                  | On Loan: No      |
| DTE Energy Co.                                            | DTE 5.85 06/01/34                             | CUSIP: 233331BL0<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1075944.98   | 0.22%             | 2034-06-01      | Fixed         | 5.85%                 | No            | 2                  | On Loan: No      |
| Omega Healthcare Investors, Inc.                          | OHI 3 1/4 04/15/33                            | CUSIP: 681936BN9<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $903400.86    | 0.19%             | 2033-04-15      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| Solventum Corp.                                           | SOLV 5.6 03/23/34                             | CUSIP: 83444MAR2<br>LEI: 254900I70403OSGY4M28 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1045115.87   | 0.22%             | 2034-03-23      | Fixed         | 5.60%                 | No            | 2                  | On Loan: No      |
| Wabtec Corp                                               | WAB 3.45 11/15/26                             | CUSIP: 960386AL4<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $996773.04    | 0.21%             | 2026-11-15      | Fixed         | 3.45%                 | No            | 2                  | On Loan: No      |
| Equifax Inc.                                              | EFX 5.1 12/15/27                              | CUSIP: 294429AV7<br>LEI: 5493004MCF8JDC86VS77 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1018981.85   | 0.21%             | 2027-12-15      | Fixed         | 5.10%                 | No            | 2                  | On Loan: No      |
| Entergy Corporation                                       | ETR 1.9 06/15/28                              | CUSIP: 29364GAN3<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $956010.30    | 0.20%             | 2028-06-15      | Fixed         | 1.90%                 | No            | 2                  | On Loan: No      |
| Oneok Inc.                                                | OKE 4 07/13/27                                | CUSIP: 682680AS2<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1001359.50   | 0.21%             | 2027-07-13      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| The Campbells Co.                                         | CPB 4.55 03/21/31                             | CUSIP: 134462AA8<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1002354.62   | 0.21%             | 2031-03-21      | Fixed         | 4.55%                 | No            | 2                  | On Loan: No      |
| Flex Ltd.                                                 | FLEX 5 1/4 01/15/32                           | CUSIP: 33938XAF2<br>LEI: 549300EAQH74YHD07T53 | Long             | DBT              | CORP              | SG        |   1000000 | PA      | $1027187.63   | 0.21%             | 2032-01-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Trimble Inc                                               | TRMB 4.9 06/15/28                             | CUSIP: 896239AC4<br>LEI: 549300E2MI7NSZFQWS19 | Long             | DBT              | CORP              | US        |  10400000 | PA      | $10499376.37  | 2.19%             | 2028-06-15      | Fixed         | 4.90%                 | No            | 2                  | On Loan: No      |
| Crown Castle Inc.                                         | CCI 2 1/2 07/15/31                            | CUSIP: 22822VAY7<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $904774.13    | 0.19%             | 2031-07-15      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Ryder System, Inc.                                        | R 5 1/4 06/01/28                              | CUSIP: 78355HKW8<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1027809.23   | 0.21%             | 2028-06-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Roper Technologies Inc                                    | ROP 4.2 09/15/28                              | CUSIP: 776743AF3<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1003011.53   | 0.21%             | 2028-09-15      | Fixed         | 4.20%                 | No            | 2                  | On Loan: No      |
| Paychex Inc                                               | PAYX 5.35 04/15/32                            | CUSIP: 704326AB3<br>LEI: 529900K900DW6SUBM174 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1026359.91   | 0.21%             | 2032-04-15      | Fixed         | 5.35%                 | No            | 2                  | On Loan: No      |
| Devon Energy Corporation                                  | DVN 5.2 09/15/34                              | CUSIP: 25179MBG7<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1025642.09   | 0.21%             | 2034-09-15      | Fixed         | 5.20%                 | No            | 2                  | On Loan: No      |
| Prologis, L.P.                                            | PLD 1 5/8 03/15/31                            | CUSIP: 74340XBS9<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $890820.33    | 0.19%             | 2031-03-15      | Fixed         | 1.62%                 | No            | 2                  | On Loan: No      |
| QUALCOMM Inc.                                             | QCOM 5.4 05/20/33                             | CUSIP: 747525BS1<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1066638.44   | 0.22%             | 2033-05-20      | Fixed         | 5.40%                 | No            | 2                  | On Loan: No      |
| Tractor Supply Co                                         | TSCO 5 1/4 05/15/33                           | CUSIP: 892356AB2<br>LEI: 549300OJ9VZHZRO6I137 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1039706.54   | 0.22%             | 2033-05-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Reinsurance Group of America, Incorporated                | RGA 3.15 06/15/30                             | CUSIP: 759351AP4<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $955416.33    | 0.20%             | 2030-06-15      | Fixed         | 3.15%                 | No            | 2                  | On Loan: No      |
| Genuine Parts Co                                          | GPC 2 3/4 02/01/32                            | CUSIP: 372460AC9<br>LEI: 549300D46DQVEU651W04 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $888126.37    | 0.19%             | 2032-02-01      | Fixed         | 2.75%                 | No            | 2                  | On Loan: No      |
| McCormick & Company, Incorporated                         | MKC 2 1/2 04/15/30                            | CUSIP: 579780AQ0<br>LEI: 549300JQQA6MQ4OJP259 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $940101.49    | 0.20%             | 2030-04-15      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Alexandria Real Estate Equities, Inc.                     | ARE 3.95 01/15/28                             | CUSIP: 015271AK5<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $998381.61    | 0.21%             | 2028-01-15      | Fixed         | 3.95%                 | No            | 2                  | On Loan: No      |
| Parker-Hannifin Corp.                                     | PH 4 1/4 09/15/27                             | CUSIP: 701094AR5<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1006811.73   | 0.21%             | 2027-09-15      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| Reinsurance Group of America, Incorporated                | RGA 3.9 05/15/29                              | CUSIP: 759351AN9<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $995457.25    | 0.21%             | 2029-05-15      | Fixed         | 3.90%                 | No            | 2                  | On Loan: No      |
| Baxter International, Inc.                                | BAX 3.95 04/01/30                             | CUSIP: 071813BY4<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |  10400000 | PA      | $10188912.86  | 2.12%             | 2030-04-01      | Fixed         | 3.95%                 | No            | 2                  | On Loan: No      |
| Amcor Flexibles North America Inc                         | AMCR 2.69 05/25/31                            | CUSIP: 02344AAA6<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $924980.80    | 0.19%             | 2031-05-25      | Fixed         | 2.69%                 | No            | 2                  | On Loan: No      |
| BBH SWEEP VEHICLE                                         | BBH SWEEP VEHICLE                             | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |   6345264 | PA      | $6345263.71   | 1.32%             |  |  |  | No            | 1                  | On Loan: No      |
| Genuine Parts Co                                          | GPC 6 1/2 11/01/28                            | CUSIP: 372460AE5<br>LEI: 549300D46DQVEU651W04 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1050807.97   | 0.22%             | 2028-11-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Kenvue Inc.                                               | KVUE 4.85 05/22/32                            | CUSIP: 49177JAS1<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1034602.70   | 0.22%             | 2032-05-22      | Fixed         | 4.85%                 | No            | 2                  | On Loan: No      |
| Targa Resources Corp.                                     | TRGP 6.15 03/01/29                            | CUSIP: 87612GAE1<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1058971.89   | 0.22%             | 2029-03-01      | Fixed         | 6.15%                 | No            | 2                  | On Loan: No      |
| Reinsurance Group of America, Incorporated                | RGA 6 09/15/33                                | CUSIP: 759351AR0<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1070183.83   | 0.22%             | 2033-09-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Devon Energy Corporation                                  | DVN 4 1/2 01/15/30                            | CUSIP: 25179MBF9<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1009803.18   | 0.21%             | 2030-01-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Autozone, Inc.                                            | AZO 3 3/4 06/01/27                            | CUSIP: 053332AV4<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |  10400000 | PA      | $10384478.42  | 2.16%             | 2027-06-01      | Fixed         | 3.75%                 | No            | 2                  | On Loan: No      |
| Arrow Electronics, Inc.                                   | ARW 3 7/8 01/12/28                            | CUSIP: 042735BF6<br>LEI: 549300YNNLBXT8N8R512 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $995324.52    | 0.21%             | 2028-01-12      | Fixed         | 3.88%                 | No            | 2                  | On Loan: No      |
| Loews Corporation                                         | L 3.2 05/15/30                                | CUSIP: 540424AT5<br>LEI: R8V1FN4M5ITGZOG7BS19 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $965769.40    | 0.20%             | 2030-05-15      | Fixed         | 3.20%                 | No            | 2                  | On Loan: No      |
| Kinder Morgan, Inc.                                       | KMI 7.8 08/01/31                              | CUSIP: 28368EAD8<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1170800.23   | 0.24%             | 2031-08-01      | Fixed         | 7.80%                 | No            | 2                  | On Loan: No      |
| Alexandria Real Estate Equities, Inc.                     | ARE 2 05/18/32                                | CUSIP: 015271AW9<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $860457.97    | 0.18%             | 2032-05-18      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| Kenvue Inc.                                               | KVUE 4.9 03/22/33                             | CUSIP: 49177JAK8<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1033396.34   | 0.22%             | 2033-03-22      | Fixed         | 4.90%                 | No            | 2                  | On Loan: No      |
| Digital Realty Trust, L.P.                                | DLR 3.7 08/15/27                              | CUSIP: 25389JAR7<br>LEI: CD4SPTZ3YBTHY0C1AH38 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $996638.46    | 0.21%             | 2027-08-15      | Fixed         | 3.70%                 | No            | 2                  | On Loan: No      |
| N/A                                                       | FIDELITY COLCHESTER STR TR MONEY MKT GOV PORT | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |         0 | NS      | $0.00         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| Sun Communities Operating Limited Partnership             | SUI 2.7 07/15/31                              | CUSIP: 866677AE7<br>LEI: 549300PUNBPJCGT6X741 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $918515.79    | 0.19%             | 2031-07-15      | Fixed         | 2.70%                 | No            | 2                  | On Loan: No      |
| Brunswick Corporation                                     | BC 4.4 09/15/32                               | CUSIP: 117043AU3<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $972674.67    | 0.20%             | 2032-09-15      | Fixed         | 4.40%                 | No            | 2                  | On Loan: No      |
| Diamondback Energy Inc                                    | FANG 3 1/2 12/01/29                           | CUSIP: 25278XAN9<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $979513.98    | 0.20%             | 2029-12-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Sun Communities Operating Limited Partnership             | SUI 2.3 11/01/28                              | CUSIP: 866677AF4<br>LEI: 549300PUNBPJCGT6X741 | Long             | DBT              | CORP              | US        |  10400000 | PA      | $9942922.50   | 2.07%             | 2028-11-01      | Fixed         | 2.30%                 | No            | 2                  | On Loan: No      |
| Atmos Energy Corp.                                        | ATO 1 1/2 01/15/31                            | CUSIP: 049560AT2<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $891463.56    | 0.19%             | 2031-01-15      | Fixed         | 1.50%                 | No            | 2                  | On Loan: No      |
| Globe Life Inc                                            | GL 5.85 09/15/34                              | CUSIP: 37959EAC6<br>LEI: 5493001JFHKQOPP6XA71 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1049392.36   | 0.22%             | 2034-09-15      | Fixed         | 5.85%                 | No            | 2                  | On Loan: No      |
| Flowserve Corporation                                     | FLS 2.8 01/15/32                              | CUSIP: 34355JAB4<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $909496.34    | 0.19%             | 2032-01-15      | Fixed         | 2.80%                 | No            | 2                  | On Loan: No      |
| Mondelez International, Inc.                              | MDLZ 2 5/8 03/17/27                           | CUSIP: 609207BA2<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $988503.07    | 0.21%             | 2027-03-17      | Fixed         | 2.62%                 | No            | 2                  | On Loan: No      |
| Alexandria Real Estate Equities, Inc.                     | ARE 4.9 12/15/30                              | CUSIP: 015271AU3<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |  10400000 | PA      | $10618482.06  | 2.21%             | 2030-12-15      | Fixed         | 4.90%                 | No            | 2                  | On Loan: No      |
| National Fuel Gas Company                                 | NFG 5.95 03/15/35                             | CUSIP: 636180BU4<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1065803.67   | 0.22%             | 2035-03-15      | Fixed         | 5.95%                 | No            | 2                  | On Loan: No      |
| Diamondback Energy Inc                                    | FANG 3 1/8 03/24/31                           | CUSIP: 25278XAR0<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |  10400000 | PA      | $9871587.86   | 2.06%             | 2031-03-24      | Fixed         | 3.12%                 | No            | 2                  | On Loan: No      |
| Evergy Inc                                                | EVRG 2.9 09/15/29                             | CUSIP: 30034WAB2<br>LEI: 549300PGTHDQY6PSUI61 | Long             | DBT              | CORP              | US        |  10400000 | PA      | $10002785.42  | 2.09%             | 2029-09-15      | Fixed         | 2.90%                 | No            | 2                  | On Loan: No      |
| McCormick & Company, Incorporated                         | MKC 3.4 08/15/27                              | CUSIP: 579780AN7<br>LEI: 549300JQQA6MQ4OJP259 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $995808.69    | 0.21%             | 2027-08-15      | Fixed         | 3.40%                 | No            | 2                  | On Loan: No      |
| National Health Investors, Inc.                           | NHI 3 02/01/31                                | CUSIP: 63633DAF1<br>LEI: 549300ZPKZIG6DKDEC02 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $917998.90    | 0.19%             | 2031-02-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Fortune Brands Innovations Inc                            | FBINUS 5 7/8 06/01/33                         | CUSIP: 34964CAH9<br>LEI: 54930032LHW54PQUJD44 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1072901.69   | 0.22%             | 2033-06-01      | Fixed         | 5.88%                 | No            | 2                  | On Loan: No      |
| Amphenol Corporation                                      | APH 5 1/4 04/05/34                            | CUSIP: 032095AQ4<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1048467.78   | 0.22%             | 2034-04-05      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Nucor Corporation                                         | NUE 2.7 06/01/30                              | CUSIP: 670346AS4<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $949274.79    | 0.20%             | 2030-06-01      | Fixed         | 2.70%                 | No            | 2                  | On Loan: No      |
| Agco Corporation                                          | AGCO 5.8 03/21/34                             | CUSIP: 001084AS1<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1057261.55   | 0.22%             | 2034-03-21      | Fixed         | 5.80%                 | No            | 2                  | On Loan: No      |
| Prologis, L.P.                                            | PLD 3 7/8 09/15/28                            | CUSIP: 74340XBH3<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1001108.34   | 0.21%             | 2028-09-15      | Fixed         | 3.88%                 | No            | 2                  | On Loan: No      |
| Steel Dynamics, Inc.                                      | STLD 5 1/4 05/15/35                           | CUSIP: 858119BS8<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1027995.35   | 0.21%             | 2035-05-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| CenterPoint Energy Resources Corp.                        | CNP 1 3/4 10/01/30                            | CUSIP: 15189YAF3<br>LEI: 2JADVB0458J06WCD4N56 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $902502.53    | 0.19%             | 2030-10-01      | Fixed         | 1.75%                 | No            | 2                  | On Loan: No      |
| Entergy Corporation                                       | ETR 2.4 06/15/31                              | CUSIP: 29364GAP8<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $909145.60    | 0.19%             | 2031-06-15      | Fixed         | 2.40%                 | No            | 2                  | On Loan: No      |
| Parker-Hannifin Corp.                                     | PH 3 1/4 03/01/27                             | CUSIP: 701094AJ3<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $995734.82    | 0.21%             | 2027-03-01      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| Nasdaq Inc                                                | NDAQ 5.55 02/15/34                            | CUSIP: 63111XAJ0<br>LEI: 549300L8X1Q78ERXFD06 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1054054.88   | 0.22%             | 2034-02-15      | Fixed         | 5.55%                 | No            | 2                  | On Loan: No      |
| Coca-Cola Consolidated Inc                                | COKE 5 1/4 06/01/29                           | CUSIP: 191098AM4<br>LEI: 57VG5X0E00X0QJU7CQ58 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1038319.50   | 0.22%             | 2029-06-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| The Campbells Co.                                         | CPB 5.2 03/19/27                              | CUSIP: 134429BM0<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1013291.64   | 0.21%             | 2027-03-19      | Fixed         | 5.20%                 | No            | 2                  | On Loan: No      |
| Diamondback Energy Inc                                    | FANG 3 1/4 12/01/26                           | CUSIP: 25278XAM1<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $995845.14    | 0.21%             | 2026-12-01      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| Conagra Brands Inc                                        | CAG 4.85 11/01/28                             | CUSIP: 205887CC4<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1014696.24   | 0.21%             | 2028-11-01      | Fixed         | 4.85%                 | No            | 2                  | On Loan: No      |
| Baxter International, Inc.                                | BAX 1.915 02/01/27                            | CUSIP: 071813CL1<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $980689.57    | 0.20%             | 2027-02-01      | Fixed         | 1.92%                 | No            | 2                  | On Loan: No      |
| Baxter International, Inc.                                | BAX 2.539 02/01/32                            | CUSIP: 071813CS6<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |  10400000 | PA      | $9103858.30   | 1.90%             | 2032-02-01      | Fixed         | 2.54%                 | No            | 2                  | On Loan: No      |
| NiSource Inc.                                             | NI 5.4 06/30/33                               | CUSIP: 65473PAP0<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1049229.28   | 0.22%             | 2033-06-30      | Fixed         | 5.40%                 | No            | 2                  | On Loan: No      |
| Amphenol Corporation                                      | APH 4.35 06/01/29                             | CUSIP: 032095AH4<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |  10400000 | PA      | $10572500.43  | 2.20%             | 2029-06-01      | Fixed         | 4.35%                 | No            | 2                  | On Loan: No      |
| Republic Services, Inc.                                   | RSG 3.95 05/15/28                             | CUSIP: 760759AT7<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1003496.74   | 0.21%             | 2028-05-15      | Fixed         | 3.95%                 | No            | 2                  | On Loan: No      |
| Steel Dynamics, Inc.                                      | STLD 3.45 04/15/30                            | CUSIP: 858119BK5<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $973496.06    | 0.20%             | 2030-04-15      | Fixed         | 3.45%                 | No            | 2                  | On Loan: No      |
| Invitation Homes Operating Partnership Lp                 | INVH 2 08/15/31                               | CUSIP: 46188BAA0<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $882162.94    | 0.18%             | 2031-08-15      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| NiSource Inc.                                             | NI 1.7 02/15/31                               | CUSIP: 65473PAL9<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $886993.76    | 0.18%             | 2031-02-15      | Fixed         | 1.70%                 | No            | 2                  | On Loan: No      |
| Parker-Hannifin Corp.                                     | PH 4.2 11/21/34                               | CUSIP: 70109HAM7<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $987718.49    | 0.21%             | 2034-11-21      | Fixed         | 4.20%                 | No            | 2                  | On Loan: No      |
| Roper Technologies Inc                                    | ROP 2 06/30/30                                | CUSIP: 776743AJ5<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $909009.17    | 0.19%             | 2030-06-30      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| Atmos Energy Corp.                                        | ATO 5.9 11/15/33                              | CUSIP: 049560AZ8<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1094308.52   | 0.23%             | 2033-11-15      | Fixed         | 5.90%                 | No            | 2                  | On Loan: No      |

### Signature

**Date Signed:** 2026-03-27

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

**Signature:** Sam Singh

**Name of Signer:** Sam Singh

**Title:** Treasurer