# EDGAR Filing Document

**Accession Number:** 0001505612
**File Stem:** 0001193125-26-131239
**Filing Date:** 2026-3
**Character Count:** 666960
**Document Hash:** 3e250e4313aa574b9f4eac61ba653ab5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-131239.hdr.sgml**: 20260330

**ACCESSION NUMBER**: 0001193125-26-131239

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260330

**DATE AS OF CHANGE**: 20260330

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMERICAN FUNDS GLOBAL BALANCED FUND
- **CENTRAL INDEX KEY:** 0001505612

**ORGANIZATION NAME:**
- **EIN:** 273892876
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22496
- **FILM NUMBER:** 26812104

**BUSINESS ADDRESS:**
- **STREET 1:** 6455 IRVINE CENTER DRIVE
- **CITY:** IRVINE
- **STATE:** CA
- **ZIP:** 92618
- **BUSINESS PHONE:** 213-486-9501

**MAIL ADDRESS:**
- **STREET 1:** 333 S HOPE ST - 55TH FLOOR
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071

## Series and Classes Contracts Data

### AMERICAN FUNDS GLOBAL BALANCED FUND (Series ID: S000031109)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000096495 | Class A       | GBLAX           |
| C000096496 | Class 529-F-1 | CBFFX           |
| C000096497 | Class R-1     | RGBLX           |
| C000096498 | Class R-2     | RGBBX           |
| C000096499 | Class R-3     | RGBCX           |
| C000096500 | Class R-4     | RGBEX           |
| C000096501 | Class R-5     | RGBFX           |
| C000096502 | Class R-6     | RGBGX           |
| C000096504 | Class C       | GBLCX           |
| C000096505 | Class F-1     | GBLEX           |
| C000096506 | Class F-2     | GBLFX           |
| C000096507 | Class 529-A   | CBFAX           |
| C000096509 | Class 529-C   | CBFCX           |
| C000096510 | Class 529-E   | CBFEX           |
| C000148460 | Class R-2E    | RGGHX           |
| C000164811 | Class R-5E    | RGBHX           |
| C000179967 | Class F-3     | GFBLX           |
| C000189482 | Class 529-T   | TFBGX           |
| C000189483 | Class T       | TFGBX           |
| C000224585 | Class 529-F-2 | FFGGX           |
| C000224586 | Class 529-F-3 | FFBGX           |

## Nport-Ex

![](img227addff1.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**American Funds**<sup>®</sup> **Global Balanced Fund**

Investment portfolio

January 31, 2026

**unaudited**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| Common stocks 62.81%<br> **Information technology 11.98%**<br>| Shares | Value<br> (000)<br>|
| Broadcom, Inc.  | 2571486 | $851933 |
| Taiwan Semiconductor Manufacturing Co., Ltd.  | 14505200 | 818136 |
| NVIDIA Corp.  | 3659895 | 699516 |
| Microsoft Corp.  | 1569649 | 675404 |
| Corning, Inc.  | 2897929 | 299211 |
| Apple, Inc.  | 932104 | 241862 |
| Applied Materials, Inc.  | 240643 | 77564 |
| ARM Holdings PLC (ADR) <sup>(a)</sup>  | 650000 | 68484 |
| Accenture PLC, Class A  | 171573 | 45234 |
|  |  | 3777344 |
| **Industrials 9.75%** |  |  |
| RTX Corp.  | 3066891 | 616230 |
| IHI Corp.  | 9361100 | 215821 |
| Hitachi, Ltd.  | 5603800 | 194120 |
| Volvo AB, Class B  | 5218762 | 189826 |
| General Dynamics Corp.  | 485567 | 170478 |
| BAE Systems PLC  | 5790111 | 156398 |
| TransDigm Group, Inc.  | 106628 | 152216 |
| Deutsche Post AG  | 2400568 | 134650 |
| Union Pacific Corp.  | 564478 | 132709 |
| Airbus SE, non-registered shares  | 517222 | 118571 |
| Waste Management, Inc.  | 510466 | 113446 |
| ITOCHU Corp.  | 8750000 | 111439 |
| Uber Technologies, Inc. <sup>(a)</sup>  | 1364402 | 109220 |
| Rolls-Royce Holdings PLC  | 6085567 | 100842 |
| Automatic Data Processing, Inc.  | 283350 | 69937 |
| Bouygues SA  | 964104 | 52123 |
| Rheinmetall AG, non-registered shares  | 23399 | 49412 |
| Ryanair Holdings PLC  | 1425655 | 48348 |
| Safran SA <sup>(b)</sup>  | 133364 | 47583 |
| Bombardier, Inc., Class B <sup>(a)</sup>  | 276506 | 47235 |
| Qantas Airways, Ltd.  | 6567745 | 46055 |
| Caterpillar, Inc.  | 69618 | 45764 |
| United Rentals, Inc.  | 54798 | 42855 |
| Paychex, Inc.  | 392567 | 40485 |
| PACCAR, Inc.  | 298729 | 36717 |
| GFL Environmental, Inc., subordinate voting shares  | 782998 | 33630 |
|  |  | 3076110 |
| **Financials 9.66%** |  |  |
| B3 SA - Brasil, Bolsa, Balcao  | 114403305 | 351074 |
| ING Groep NV  | 8794581 | 258740 |
| Banco Bilbao Vizcaya Argentaria SA  | 9455281 | 240408 |
| Standard Chartered PLC  | 9282507 | 236506 |
| JPMorgan Chase & Co.  | 672228 | 205628 |

---

American Funds Global Balanced Fund — Page 1 of 33

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Common stocks (continued)<br> **Financials (continued)**<br>| Shares | Value<br> (000)<br>|
| Chubb, Ltd.  | 655619 | $202953 |
| Marsh & McLennan Cos., Inc.  | 913080 | 171832 |
| Mizuho Financial Group, Inc.  | 3574300 | 156658 |
| HDFC Bank, Ltd. (ADR)  | 3385028 | 109607 |
| HDFC Bank, Ltd.  | 3131792 | 31637 |
| Morgan Stanley  | 726652 | 132832 |
| Mastercard, Inc., Class A  | 223421 | 120377 |
| Munchener Ruckversicherungs-Gesellschaft AG  | 169625 | 103026 |
| Banco BPM SpA  | 6482521 | 96973 |
| Zurich Insurance Group AG  | 136215 | 96736 |
| NatWest Group PLC  | 10438375 | 95013 |
| BNP Paribas SA  | 737394 | 79715 |
| AIA Group, Ltd.  | 5017400 | 58028 |
| Wells Fargo & Co.  | 540015 | 48866 |
| U.S. Bancorp  | 839866 | 47125 |
| 3i Group PLC  | 1025888 | 47040 |
| PICC Property and Casualty Co., Ltd., Class H  | 21396000 | 44342 |
| BlackRock, Inc.  | 37664 | 42144 |
| BPER Banca SpA  | 2651638 | 37262 |
| Hannover Rueck SE  | 113084 | 32010 |
|  |  | 3046532 |
| **Health care 7.35%** |  |  |
| Eli Lilly and Co.  | 504656 | 523404 |
| Vertex Pharmaceuticals, Inc. <sup>(a)</sup>  | 773820 | 363618 |
| Novo Nordisk AS, Class B  | 4613842 | 270627 |
| Abbott Laboratories  | 1853990 | 202641 |
| Gilead Sciences, Inc.  | 1279917 | 181684 |
| UnitedHealth Group, Inc.  | 418419 | 120057 |
| Medtronic PLC  | 896457 | 92299 |
| Alnylam Pharmaceuticals, Inc. <sup>(a)</sup>  | 269513 | 91112 |
| Sanofi  | 939489 | 88199 |
| Stryker Corp.  | 231286 | 85474 |
| AbbVie, Inc.  | 350565 | 78180 |
| Argenx SE, non-registered shares <sup>(a)</sup>  | 79093 | 65983 |
| AstraZeneca PLC  | 230963 | 42981 |
| Molina Healthcare, Inc. <sup>(a)</sup>  | 237437 | 42642 |
| BioMarin Pharmaceutical, Inc. <sup>(a)</sup>  | 736542 | 41644 |
| GE HealthCare Technologies, Inc.  | 359085 | 28357 |
|  |  | 2318902 |
| **Materials 4.66%** |  |  |
| Grupo Mexico, SAB de CV, Series B  | 20000000 | 222076 |
| Vale SA, ordinary nominative shares  | 8221395 | 131723 |
| Vale SA (ADR), ordinary nominative shares  | 3691051 | 59315 |
| Newmont Corp.  | 1386355 | 155757 |
| Anglo American PLC  | 3000000 | 139900 |
| Lundin Gold, Inc.  | 1750000 | 131194 |
| Franco-Nevada Corp.  | 352041 | 82504 |
| Franco-Nevada Corp. (CAD denominated)  | 203310 | 47592 |
| Nitto Denko Corp.  | 5119400 | 113331 |
| Smurfit Westrock PLC  | 2707562 | 112716 |
| Freeport-McMoRan, Inc.  | 1823875 | 109852 |
| Air Products and Chemicals, Inc.  | 314807 | 85785 |
| Air Liquide SA  | 188204 | 35234 |

---

American Funds Global Balanced Fund — Page 2 of 33

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Common stocks (continued)<br> **Materials (continued)**<br>| Shares | Value<br> (000)<br>|
| Southern Copper Corp.  | 160502 | $30547 |
| Celanese Corp.  | 310825 | 13813 |
|  |  | 1471339 |
| **Consumer discretionary 4.42%** |  |  |
| Amazon.com, Inc. <sup>(a)</sup>  | 1920072 | 459473 |
| Starbucks Corp.  | 1631175 | 149987 |
| Compagnie Generale des Etablissements Michelin  | 3554353 | 132082 |
| Ferrari NV  | 264315 | 88062 |
| Ferrari NV (EUR denominated)  | 126817 | 42211 |
| Midea Group Co., Ltd., Class A  | 11307578 | 126265 |
| Maruti Suzuki India, Ltd.  | 642823 | 102020 |
| Compagnie Financiere Richemont SA, Class A  | 443926 | 85880 |
| Royal Caribbean Cruises, Ltd.  | 240558 | 78097 |
| Viking Holdings, Ltd. <sup>(a)</sup>  | 680612 | 49106 |
| Compass Group PLC  | 1436894 | 43000 |
| Accor SA  | 699586 | 38030 |
|  |  | 1394213 |
| **Communication services 4.25%** |  |  |
| Alphabet, Inc., Class A  | 1325537 | 448031 |
| Alphabet, Inc., Class C  | 469121 | 158812 |
| AT&T, Inc.  | 9129255 | 239278 |
| Meta Platforms, Inc., Class A  | 302653 | 216851 |
| Comcast Corp., Class A  | 2791776 | 83055 |
| Omnicom Group, Inc.  | 814397 | 62741 |
| Netflix, Inc. <sup>(a)</sup>  | 614230 | 51282 |
| SoftBank Group Corp.  | 1422908 | 39103 |
| Nintendo Co., Ltd.  | 562300 | 36534 |
| Versant Media Group, Inc., Class A <sup>(a)</sup>  | 111671 | 3638 |
|  |  | 1339325 |
| **Utilities 4.10%** |  |  |
| Dominion Energy, Inc.  | 5415831 | 325870 |
| DTE Energy Co.  | 1213556 | 163078 |
| National Grid PLC  | 8500000 | 143584 |
| Duke Energy Corp.  | 963219 | 116887 |
| Power Grid Corp. of India, Ltd.  | 40000000 | 111537 |
| E.ON SE  | 4583192 | 97055 |
| PG&E Corp.  | 5334000 | 82250 |
| Pinnacle West Capital Corp.  | 852721 | 79781 |
| NextEra Energy, Inc.  | 861963 | 75766 |
| Constellation Energy Corp.  | 225000 | 63153 |
| Engie SA  | 1125890 | 33498 |
|  |  | 1292459 |
| **Consumer staples 3.12%** |  |  |
| Philip Morris International, Inc.  | 1963557 | 352341 |
| Imperial Brands PLC  | 7322616 | 307210 |
| British American Tobacco PLC  | 3371985 | 201911 |
| Nestle SA  | 668117 | 63463 |
| Sysco Corp.  | 702095 | 58870 |
|  |  | 983795 |

---

American Funds Global Balanced Fund — Page 3 of 33

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Common stocks (continued)<br> **Energy 2.95%**<br>| Shares | Value<br> (000)<br>|
| Canadian Natural Resources, Ltd. (CAD denominated)  | 16687271 | $620480 |
| Shell PLC (GBP denominated)  | 3116020 | 119131 |
| Chevron Corp.  | 464155 | 82109 |
| Cameco Corp. (CAD denominated)  | 482938 | 59730 |
| Expand Energy Corp.  | 426359 | 47927 |
|  |  | 929377 |
| **Real estate 0.57%** |  |  |
| CTP NV  | 3460610 | 75149 |
| Embassy Office Parks REIT  | 12500000 | 59011 |
| Goodman Logistics (HK), Ltd. REIT  | 2131564 | 45613 |
|  |  | 179773 |
| **Total common stocks** (cost: $12,848,945,000) |  | 19809169 |
| Convertible stocks 0.59%<br> **Utilities 0.30%**<br>|  |  |
| NextEra Energy, Inc., convertible preferred shares, 7.234% 11/1/2027 <sup>(b)</sup>  | 1842800 | 94130 |
| **Financials 0.29%** |  |  |
| Apollo Global Management, Inc., Class A, cumulative convertible preferred shares, 6.75% 7/31/2026  | 1340451 | 92987 |
| **Total convertible stocks** (cost: $188,964,000) |  | 187117 |
| Bonds, notes & other debt instruments 28.58%<br> **Bonds & notes of governments & government agencies outside the U.S. 10.63%**<br> **Japan 1.83%**<br>| Principal amount<br> (000)<br>|  |
| Japan, Series 151, 0.005% 3/20/2027  | JPY831,600 | 5312 |
| Japan, Series 346, 0.10% 3/20/2027  | 11295600 | 72234 |
| Japan, Series 474, 0.70% 7/1/2027  | 7112800 | 45703 |
| Japan, Series 363, 0.10% 6/20/2031  | 10914500 | 64743 |
| Japan, Series 145, 1.70% 6/20/2033  | 1426800 | 9080 |
| Japan, Series 152, 1.20% 3/20/2035  | 23487700 | 140073 |
| Japan, Series 21, 2.30% 12/20/2035  | 1503450 | 9779 |
| Japan, Series 173, 0.40% 6/20/2040  | 3239500 | 15079 |
| Japan, Series 176, 0.50% 3/20/2041  | 8267300 | 38100 |
| Japan, Series 179, 0.50% 12/20/2041  | 7442150 | 33410 |
| Japan, Series 36, 2.00% 3/20/2042  | 200000 | 1140 |
| Japan, Series 42, 1.70% 3/20/2044  | 1425550 | 7475 |
| Japan, Series 192, 2.40% 3/20/2045  | 13859550 | 80217 |
| Japan, Series 37, 0.60% 6/20/2050  | 5319450 | 18188 |
| Japan, Series 70, 0.70% 3/20/2051  | 1806100 | 6175 |
| Japan, Series 74, 1.00% 3/20/2052  | 158000 | 572 |
| Japan, Series 76, 1.40% 9/20/2052  | 2924750 | 11777 |
| Japan, Series 77, 1.60% 12/20/2052  | 4084300 | 17295 |
| Japan, Series 84, 2.10% 9/20/2054  | 30300 | 144 |
|  |  | 576496 |
| **China 1.07%** |  |  |
| Agricultural Development Bank of China 3.75% 1/25/2029  | CNY1,030 | 157 |
| China (People's Republic of), Series INBK, 2.64% 1/15/2028  | 293360 | 43313 |
| China (People's Republic of), Series INBK, 2.37% 1/15/2029  | 255520 | 37829 |

---

American Funds Global Balanced Fund — Page 4 of 33

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Bonds & notes of governments & government agencies outside the U.S. (continued)**<br> **China (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| China (People's Republic of), Series INBK, 3.29% 5/23/2029  | CNY100 | $15 |
| China (People's Republic of), Series INBK, 2.62% 6/25/2030  | 162510 | 24495 |
| China (Peoples Republic of), Series INBK, 1.63% 10/25/2030  | 132370 | 19094 |
| China (People's Republic of), Series INBK, 2.88% 2/25/2033  | 215080 | 33518 |
| China (People's Republic of), Series INBK, 2.27% 5/25/2034  | 130580 | 19564 |
| China (People's Republic of), Series INBK, 1.65% 5/15/2035  | 296190 | 42133 |
| China (People's Republic of), Series INBK, 3.81% 9/14/2050  | 2640 | 485 |
| China (People's Republic of), Series INBK, 3.19% 4/15/2053  | 40000 | 6750 |
| China (People's Republic of), Series INBK, 1.92% 1/15/2055  | 101180 | 13421 |
| China Development Bank Corp., Series 2004, 3.43% 1/14/2027  | 194070 | 28422 |
| China Development Bank Corp., Series 2009, 3.39% 7/10/2027  | 181600 | 26783 |
| China Development Bank Corp., Series 1805, 4.88% 2/9/2028  | 128750 | 19717 |
| China Development Bank Corp., Series 2109, 3.09% 8/9/2028  | 136660 | 20340 |
| China Development Bank Corp., Series 2005, 3.07% 3/10/2030  | 2860 | 433 |
|  |  | 336469 |
| **Supra National 1.03%** |  |  |
| Asian Development Bank 6.72% 2/8/2028  | INR1,303,620 | 14191 |
| European Bank for Reconstruction and Development 5.25% 1/12/2027  | 594100 | 6401 |
| European Bank for Reconstruction and Development 6.30% 10/26/2027  | 255200 | 2751 |
| European Bank for Reconstruction and Development 6.75% 1/13/2032  | 3576700 | 38452 |
| European Investment Bank 0.375% 9/15/2027  | EUR8,975 | 10358 |
| European Investment Bank 6.95% 3/1/2029  | INR365,500 | 3977 |
| European Investment Bank 0.25% 1/20/2032  | EUR38,000 | 39182 |
| European Investment Bank 7.40% 10/23/2033  | INR1,230,500 | 13486 |
| European Investment Bank 2.875% 1/15/2035  | EUR2,900 | 3423 |
| European Union 0% 6/2/2028  | 10920 | 12317 |
| European Union 2.50% 10/14/2030  | 180 | 213 |
| European Union 2.75% 12/13/2032  | 4215 | 4981 |
| European Union 3.625% 12/12/2040  | 98575 | 117013 |
| European Union 4.00% 10/12/2055  | 20059 | 23558 |
| Inter-American Development Bank 7.00% 1/25/2029  | INR19,000 | 207 |
| International Bank for Reconstruction and Development 6.75% 9/8/2027  | 911700 | 9909 |
| International Bank for Reconstruction and Development 6.75% 7/13/2029  | 1555600 | 16775 |
| International Finance Corp. 0% 4/26/2052  | MXN1,265,360 | 7078 |
|  |  | 324272 |
| **Italy 0.77%** |  |  |
| Italy (Republic of) 0.95% 9/15/2027  | EUR626 | 729 |
| Italy (Republic of) 1.35% 4/1/2030  | 15565 | 17580 |
| Italy (Republic of) 3.50% 2/15/2031  | 1200 | 1474 |
| Italy (Republic of) 4.40% 5/1/2033  | 660 | 850 |
| Italy (Republic of) 4.35% 11/1/2033  | 63090 | 80957 |
| Italy (Republic of) 4.20% 3/1/2034  | 64634 | 82079 |
| Italy (Republic of) 3.65% 8/1/2035  | 20435 | 24768 |
| Italy (Republic of) 4.50% 10/1/2053  | 14420 | 17705 |
| Italy (Republic of) 4.30% 10/1/2054  | 13360 | 15842 |
|  |  | 241984 |
| **Australia 0.72%** |  |  |
| Australia (Commonwealth of), Series 163, 1.00% 11/21/2031  | AUD30,660 | 17614 |
| Australia (Commonwealth of), Series 167, 3.75% 5/21/2034  | 59670 | 38875 |
| Australia (Commonwealth of), Series 144, 3.75% 4/21/2037  | 45632 | 28731 |
| Australia (Commonwealth of), Series 174, 4.75% 10/21/2037  | 113038 | 77757 |

---

American Funds Global Balanced Fund — Page 5 of 33

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Bonds & notes of governments & government agencies outside the U.S. (continued)**<br> **Australia (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| New South Wales Treasury Corp. 4.25% 2/20/2036  | AUD22,864 | $14619 |
| Treasury Corp. of Victoria 5.50% 9/15/2039  | 54015 | 36935 |
| Treasury Corp. of Victoria 3.625% 9/29/2040  | EUR9,965 | 11780 |
|  |  | 226311 |
| **United Kingdom 0.70%** |  |  |
| United Kingdom 1.25% 7/22/2027  | GBP9,740 | 12879 |
| United Kingdom 4.25% 12/7/2027  | 8920 | 12334 |
| United Kingdom 4.125% 7/22/2029  | 6540 | 9020 |
| United Kingdom 0.375% 10/22/2030  | 35395 | 41203 |
| United Kingdom 0.25% 7/31/2031  | 3715 | 4161 |
| United Kingdom 1.00% 1/31/2032  | 2920 | 3341 |
| United Kingdom 4.25% 6/7/2032  | 19255 | 26550 |
| United Kingdom 3.25% 1/31/2033  | 38245 | 49114 |
| United Kingdom 3.25% 1/22/2044  | 3650 | 3884 |
| United Kingdom 3.50% 1/22/2045  | 2850 | 3113 |
| United Kingdom 1.25% 7/31/2051  | 27195 | 16286 |
| United Kingdom 4.375% 7/31/2054  | 18125 | 21492 |
| United Kingdom 2.50% 7/22/2065  | 22800 | 17123 |
|  |  | 220500 |
| **Hungary 0.62%** |  |  |
| Hungary (Republic of) 3.00% 8/21/2030  | HUF36,548,270 | 99800 |
| Hungary (Republic of) 4.50% 5/27/2032  | 22398420 | 63270 |
| Hungary (Republic of) 3.00% 4/25/2041  | 13230080 | 26345 |
| Magyar Export-Import Bank 6.00% 5/16/2029  | EUR3,665 | 4665 |
|  |  | 194080 |
| **France 0.57%** |  |  |
| French Republic O.A.T. 0.75% 2/25/2028  | 2390 | 2751 |
| French Republic O.A.T. 0% 11/25/2030  | 128880 | 134598 |
| French Republic O.A.T. 1.25% 5/25/2034  | 20510 | 20822 |
| French Republic O.A.T. 3.25% 5/25/2045  | 6700 | 7077 |
| French Republic O.A.T. 3.00% 5/25/2054  | 310 | 287 |
| French Republic O.A.T. 3.75% 5/25/2056  | 14310 | 15145 |
|  |  | 180680 |
| **Spain 0.49%** |  |  |
| Spain (Kingdom of) 0% 1/31/2027  | 20670 | 24008 |
| Spain (Kingdom of) 0.80% 7/30/2027  | 23070 | 26842 |
| Spain (Kingdom of) 1.45% 4/30/2029  | 5780 | 6669 |
| Spain (Kingdom of) 0.50% 10/31/2031  | 14540 | 15248 |
| Spain (Kingdom of) 3.15% 4/30/2033  | 16027 | 19286 |
| Spain (Kingdom of) 3.55% 10/31/2033  | 18434 | 22689 |
| Spain (Kingdom of) 3.25% 4/30/2034  | 10010 | 12030 |
| Spain (Kingdom of) 3.45% 10/31/2034  | 15210 | 18491 |
| Spain (Kingdom of) 3.30% 4/30/2036  | 6200 | 7371 |
| Spain (Kingdom of) 2.70% 10/31/2048  | 2940 | 2851 |
|  |  | 155485 |

---

American Funds Global Balanced Fund — Page 6 of 33

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Bonds & notes of governments & government agencies outside the U.S. (continued)**<br> **South Korea 0.44%**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| South Korea (Republic of), Series 2712, 2.375% 12/10/2027  | KRW26,409,910 | $18146 |
| South Korea (Republic of), Series 3212, 4.25% 12/10/2032  | 123216850 | 89120 |
| South Korea (Republic of), Series 3512, 3.25% 12/10/2035  | 46577640 | 31426 |
|  |  | 138692 |
| **Brazil 0.34%** |  |  |
| Brazil (Federative Republic of) 10.00% 1/1/2029  | BRL150,951 | 26950 |
| Brazil (Federative Republic of) 10.00% 1/1/2031  | 83465 | 14171 |
| Brazil (Federative Republic of) 10.00% 1/1/2035  | 257532 | 40846 |
| Brazil (Federative Republic of) 6.00% 8/15/2040 <sup>(c)</sup> <br>| 13782 | 2348 |
| Brazil (Federative Republic of) 6.00% 8/15/2050 <sup>(c)</sup> <br>| 128083 | 21537 |
| Brazil (Federative Republic of) 6.00% 8/15/2060 <sup>(c)</sup> <br>| 13737 | 2265 |
|  |  | 108117 |
| **Canada 0.32%** |  |  |
| Canada (Government) 0.25% 3/1/2026  | CAD15,710 | 11521 |
| Canada (Government) 3.50% 3/1/2028  | 72153 | 53986 |
| Canada (Government) 2.00% 6/1/2032  | 810 | 557 |
| Canada (Government) 2.75% 12/1/2048  | 9900 | 6092 |
| Ontario (Province of) 3.25% 7/3/2035  | EUR9,805 | 11680 |
| Quebec (Province of) 3.35% 7/23/2039  | 8400 | 9725 |
| Saskatchewan (Province of) 3.05% 12/2/2028  | CAD8,000 | 5930 |
|  |  | 99491 |
| **Germany 0.30%** |  |  |
| Germany (Federal Republic of) 0% 4/16/2027  | EUR2,390 | 2766 |
| Germany (Federal Republic of) 2.40% 4/18/2030  | 7040 | 8372 |
| Germany (Federal Republic of) 0% 8/15/2030  | 41415 | 44252 |
| Germany (Federal Republic of) 2.20% 2/15/2034  | 13050 | 14923 |
| Germany (Federal Republic of) 1.00% 5/15/2038  | 15810 | 14834 |
| Germany (Federal Republic of) 0% 8/15/2050  | 14895 | 7597 |
| Germany (Federal Republic of) 0% 8/15/2052  | 1860 | 884 |
|  |  | 93628 |
| **Greece 0.20%** |  |  |
| Greece (Hellenic Republic of) 1.50% 6/18/2030  | 5405 | 6132 |
| Greece (Hellenic Republic of) 1.75% 6/18/2032  | 35350 | 39101 |
| Greece (Hellenic Republic of) 3.625% 6/15/2035  | 750 | 909 |
| Greece (Hellenic Republic of) 3.375% 6/16/2036  | 14655 | 17271 |
| Greece (Hellenic Republic of) 1.875% 1/24/2052  | 686 | 525 |
|  |  | 63938 |
| **Mexico 0.20%** |  |  |
| United Mexican States 4.75% 4/27/2032  | USD425 | 414 |
| United Mexican States 6.125% 2/9/2038  | 8289 | 8266 |
| United Mexican States 6.338% 5/4/2053  | 2170 | 2063 |
| United Mexican States, Series M, 5.75% 3/5/2026  | MXN759,300 | 43354 |
| United Mexican States, Series M, 7.50% 6/3/2027  | 17133 | 983 |
| United Mexican States, Series M, 7.75% 5/29/2031  | 17452 | 976 |
| United Mexican States, Series M, 7.50% 5/26/2033  | 104000 | 5623 |
| United Mexican States, Series S, 4.00% 10/29/2054 <sup>(c)</sup> <br>| 2530 | 138 |
|  |  | 61817 |

---

American Funds Global Balanced Fund — Page 7 of 33

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Bonds & notes of governments & government agencies outside the U.S. (continued)**<br> **Peru 0.17%**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Peru (Republic of) 7.60% 8/12/2039  | PEN166,690 | $54503 |
| **Indonesia 0.16%** |  |  |
| Indonesia (Republic of), Series 31, 0.99% 5/27/2027  | JPY1,000,000 | 6408 |
| Indonesia (Republic of), Series 95, 6.375% 8/15/2028  | IDR7,216,000 | 441 |
| Indonesia (Republic of), Series 32, 1.33% 5/25/2029  | JPY2,200,000 | 13856 |
| Indonesia (Republic of), Series 96, 7.00% 2/15/2033  | IDR248,331,000 | 15332 |
| Indonesia (Republic of), Series FR100, 6.625% 2/15/2034  | 144009000 | 8721 |
| Indonesia (Republic of), Series 103, 6.75% 7/15/2035  | 93110000 | 5700 |
| Indonesia Asahan Aluminium (Persero) PT 5.45% 5/15/2030 <sup>(d)</sup> <br>| USD1,580 | 1631 |
|  |  | 52089 |
| **Austria 0.11%** |  |  |
| Austria (Republic of) 0% 2/20/2031  | EUR33,610 | 35046 |
| **Portugal 0.11%** |  |  |
| Portugal (Republic of), Series 11Y, 0.475% 10/18/2030  | 13170 | 14267 |
| Portugal (Republic of), Series 10Y, 3.25% 6/13/2036  | 11830 | 14088 |
| Portugal (Republic of), Series 15Y, 3.50% 6/18/2038  | 455 | 545 |
| Portugal (Republic of), Series 15Y, 3.375% 6/15/2040  | 40 | 47 |
| Portugal (Republic of), Series 30Y, 3.625% 6/12/2054  | 4545 | 5094 |
|  |  | 34041 |
| **Belgium 0.11%** |  |  |
| Belgium (Kingdom of), Series 97, 3.00% 6/22/2033  | 15660 | 18608 |
| Belgium (Kingdom of), Series 106, 3.40% 6/22/2036  | 12495 | 14854 |
|  |  | 33462 |
| **Turkey 0.06%** |  |  |
| Turkey (Republic of) 7.125% 7/17/2032  | USD18,760 | 19568 |
| **Colombia 0.05%** |  |  |
| Colombia (Republic of) 7.375% 4/25/2030  | 15198 | 15928 |
| Colombia (Republic of) 3.125% 4/15/2031  | 465 | 403 |
|  |  | 16331 |
| **Malaysia 0.05%** |  |  |
| Malaysia (Federation of), Series 0124, 4.054% 4/18/2039  | MYR39,265 | 10246 |
| Malaysia (Federation of), Series 0221, 4.417% 9/30/2041  | 11775 | 3201 |
| Malaysia (Federation of), Series 0417, 4.895% 5/8/2047  | 6057 | 1747 |
|  |  | 15194 |
| **Estonia 0.04%** |  |  |
| Estonia (Republic of) 3.25% 1/17/2034  | EUR11,180 | 13312 |
| **Ireland 0.04%** |  |  |
| Ireland (Republic of) 2.60% 10/18/2034  | 6830 | 7884 |
| Ireland (Republic of) 3.00% 10/18/2043  | 4770 | 5311 |
|  |  | 13195 |

---

American Funds Global Balanced Fund — Page 8 of 33

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Bonds & notes of governments & government agencies outside the U.S. (continued)**<br> **Saudi Arabia 0.03%**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Saudi Arabia (Kingdom of) 4.875% 1/12/2036 <sup>(d)</sup> <br>| USD10,959 | $10844 |
| **Bulgaria 0.03%** |  |  |
| Bulgaria (Republic of) 4.50% 1/27/2033  | EUR7,280 | 9340 |
| **Philippines 0.02%** |  |  |
| Philippines (Republic of) 0.70% 2/3/2029  | 4970 | 5512 |
| **Poland 0.01%** |  |  |
| Poland (Republic of), Series 1029, 2.75% 10/25/2029  | PLN16,670 | 4498 |
| **Panama 0.01%** |  |  |
| Panama (Republic of) 8.00% 3/1/2038  | USD3,790 | 4389 |
| **Serbia 0.01%** |  |  |
| Serbia (Republic of) 6.25% 5/26/2028 <sup>(d)</sup> <br>| 3915 | 4061 |
| **Chile 0.01%** |  |  |
| Chile (Republic of) 4.70% 9/1/2030  | CLP2,110,000 | 2395 |
| **Croatia 0.01%** |  |  |
| Croatia (Republic of) 3.25% 2/11/2037  | EUR1,750 | 2021 |
| **Total bonds & notes of governments & government agencies outside the U.S.** |  | 3351761 |
| **U.S. Treasury bonds & notes 8.50%**<br> **U.S. Treasury 8.19%**<br>|  |  |
| U.S. Treasury 4.875% 5/31/2026  | USD815 | 818 |
| U.S. Treasury 3.75% 8/31/2026  | 40780 | 40814 |
| U.S. Treasury 4.25% 12/31/2026  | 231 | 232 |
| U.S. Treasury 4.50% 4/15/2027  | 77457 | 78330 |
| U.S. Treasury 3.75% 4/30/2027  | 5939 | 5955 |
| U.S. Treasury 3.875% 5/31/2027  | 20639 | 20731 |
| U.S. Treasury 3.75% 6/30/2027  | 5140 | 5156 |
| U.S. Treasury 3.875% 7/31/2027  | 114036 | 114618 |
| U.S. Treasury 3.625% 8/31/2027 <sup>(e)</sup>  | 337000 | 337494 |
| U.S. Treasury 3.50% 9/30/2027  | 4170 | 4168 |
| U.S. Treasury 3.375% 11/30/2027  | 13 | 13 |
| U.S. Treasury 3.375% 12/31/2027  | 25257 | 25186 |
| U.S. Treasury 3.50% 1/31/2028  | 776 | 776 |
| U.S. Treasury 4.00% 2/29/2028  | 2481 | 2503 |
| U.S. Treasury 4.00% 6/30/2028 <sup>(e)</sup>  | 300000 | 303082 |
| U.S. Treasury 4.375% 8/31/2028  | 94464 | 96298 |
| U.S. Treasury 4.625% 9/30/2028  | 125500 | 128804 |
| U.S. Treasury 3.50% 1/15/2029  | 240763 | 240076 |
| U.S. Treasury 4.00% 1/31/2029  | 3231 | 3267 |
| U.S. Treasury 4.125% 3/31/2029  | 54850 | 55669 |
| U.S. Treasury 4.625% 4/30/2029  | 19300 | 19881 |

---

American Funds Global Balanced Fund — Page 9 of 33

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **U.S. Treasury bonds & notes (continued)**<br> **U.S. Treasury (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| U.S. Treasury 3.625% 8/31/2029  | USD25,480 | $25436 |
| U.S. Treasury 3.50% 9/30/2029  | 50010 | 49699 |
| U.S. Treasury 4.00% 2/28/2030  | 73000 | 73761 |
| U.S. Treasury 4.00% 5/31/2030  | 25580 | 25838 |
| U.S. Treasury 3.875% 6/30/2030  | 210887 | 211933 |
| U.S. Treasury 3.875% 7/31/2030  | 39508 | 39698 |
| U.S. Treasury 3.625% 8/31/2030  | 20029 | 19905 |
| U.S. Treasury 3.625% 9/30/2030  | 1999 | 1986 |
| U.S. Treasury 3.625% 10/31/2030  | 9420 | 9356 |
| U.S. Treasury 3.625% 12/31/2030 <sup>(b)</sup>  | 18295 | 18156 |
| U.S. Treasury 1.875% 2/15/2032  | 30345 | 27004 |
| U.S. Treasury 2.875% 5/15/2032  | 20000 | 18799 |
| U.S. Treasury 4.125% 11/15/2032  | 7247 | 7296 |
| U.S. Treasury 3.875% 8/15/2033  | 27488 | 27132 |
| U.S. Treasury 4.50% 11/15/2033  | 3714 | 3814 |
| U.S. Treasury 4.375% 5/15/2034  | 32445 | 32982 |
| U.S. Treasury 3.875% 8/15/2034  | 271 | 266 |
| U.S. Treasury 4.25% 11/15/2034  | 1851 | 1860 |
| U.S. Treasury 4.625% 2/15/2035  | 4887 | 5044 |
| U.S. Treasury 4.25% 5/15/2035  | 28506 | 28579 |
| U.S. Treasury 4.25% 8/15/2035  | 17650 | 17675 |
| U.S. Treasury 4.00% 11/15/2035 <sup>(e)</sup>  | 202023 | 197919 |
| U.S. Treasury 1.875% 2/15/2041  | 4 | 3 |
| U.S. Treasury 2.25% 5/15/2041  | 4470 | 3279 |
| U.S. Treasury 3.25% 5/15/2042  | 5 | 4 |
| U.S. Treasury 3.375% 8/15/2042 <sup>(e)</sup>  | 60000 | 50583 |
| U.S. Treasury 3.875% 5/15/2043  | 10690 | 9561 |
| U.S. Treasury 4.75% 11/15/2043  | 6794 | 6768 |
| U.S. Treasury 2.875% 11/15/2046  | 380 | 280 |
| U.S. Treasury 1.375% 8/15/2050  | 880 | 432 |
| U.S. Treasury 2.25% 2/15/2052  | 18500 | 11187 |
| U.S. Treasury 3.00% 8/15/2052 <sup>(e)</sup>  | 120365 | 85864 |
| U.S. Treasury 4.00% 11/15/2052  | 21391 | 18473 |
| U.S. Treasury 3.625% 5/15/2053  | 15654 | 12605 |
| U.S. Treasury 4.75% 11/15/2053  | 2743 | 2680 |
| U.S. Treasury 4.25% 8/15/2054  | 12540 | 11285 |
| U.S. Treasury 4.50% 11/15/2054  | 12 | 11 |
| U.S. Treasury 4.625% 2/15/2055  | 546 | 523 |
| U.S. Treasury 4.75% 5/15/2055  | 10050 | 9830 |
| U.S. Treasury 4.75% 8/15/2055 <sup>(e)</sup>  | 30573 | 29914 |
|  |  | 2581291 |
| **U.S. Treasury inflation-protected securities 0.31%** |  |  |
| U.S. Treasury Inflation-Protected Security 0.375% 7/15/2027 <sup>(c)</sup>  | 24988 | 24911 |
| U.S. Treasury Inflation-Protected Security 2.375% 10/15/2028 <sup>(c)</sup>  | 4057 | 4216 |
| U.S. Treasury Inflation-Protected Security 0.125% 2/15/2051 <sup>(c)</sup>  | 19100 | 10324 |
| U.S. Treasury Inflation-Protected Security 2.375% 2/15/2055 <sup>(c)(e)</sup>  | 62055 | 58900 |
|  |  | 98351 |
| **Total U.S. Treasury bonds & notes** |  | 2679642 |

---

American Funds Global Balanced Fund — Page 10 of 33

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Corporate bonds and notes 4.93%**<br> **Financials 1.42%**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| 200 Park Funding Trust 5.74% 2/15/2055 <sup>(d)</sup>  | USD5,805 | $5782 |
| AIA Group, Ltd. 0.88% 9/9/2033 (5-year EUR Mid-Swap + 1.10% on 9/9/2028) <sup>(f)</sup>  | EUR17,575 | 19835 |
| AIB Group PLC 5.75% 2/16/2029 (1-year EUR Mid-Swap + 2.85% on 2/16/2028) <sup>(f)</sup>  | 3310 | 4161 |
| Aon Corp. 2.85% 5/28/2027  | USD600 | 592 |
| Banco de Sabadell SA 5.25% 2/7/2029 (1-year EUR Mid-Swap + 2.40% on 2/7/2028) <sup>(f)</sup>  | EUR6,200 | 7712 |
| Banco de Sabadell SA 5.125% 6/27/2034 (5-year EUR Mid-Swap + 2.40% on 6/7/2029) <sup>(f)</sup>  | 6600 | 8293 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bangkok Bank Public Co., Ltd. 3.733% 9/25/2034 (5-year UST Yield Curve Rate T Note Constant Maturity + 1.90% <br> on 9/25/2029) <sup>(f)</sup>  | USD8,470 | 8089 |
| Barclays PLC 7.09% 11/6/2029 (1-year GBP-OIS SONIO/N + 2.553% on 11/6/2028) <sup>(f)</sup>  | GBP4,360 | 6346 |
| Barclays PLC 4.616% 3/26/2037 (5-year EUR Mid-Swap + 2.05% on 3/26/2032) <sup>(f)</sup>  | EUR15,895 | 19548 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BBVA Bancomer SA 5.125% 1/18/2033 (5-year UST Yield Curve Rate T Note Constant Maturity + 2.65% on <br> 1/17/2028) <sup>(f)</sup>  | USD1,813 | 1793 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BBVA Bancomer SA 8.45% 6/29/2038 (5-year UST Yield Curve Rate T Note Constant Maturity + 4.661% on <br> 6/29/2033) <sup>(f)</sup>  | 28937 | 32187 |
| BPCE SA 4.50% 1/13/2033  | EUR8,400 | 10531 |
| BPCE SA 5.417% 1/13/2037 (USD-SOFR + 1.568% on 1/13/2036) <sup>(d)(f)</sup>  | USD10,174 | 10150 |
| CaixaBank SA 6.208% 1/18/2029 (USD-SOFR + 2.70% on 1/18/2028) <sup>(d)(f)</sup>  | 6150 | 6388 |
| CaixaBank SA 5.673% 3/15/2030 (USD-SOFR + 1.78% on 3/15/2029) <sup>(d)(f)</sup>  | 418 | 435 |
| CaixaBank SA 4.375% 8/8/2036 (5-year EUR-ICE Swap EURIBOR + 1.95% on 8/8/2031) <sup>(f)</sup>  | EUR10,200 | 12537 |
| Chubb INA Holdings, LLC 3.35% 5/3/2026  | USD645 | 645 |
| Chubb INA Holdings, LLC 4.35% 11/3/2045  | 665 | 577 |
| Citigroup, Inc. 4.542% 9/19/2030 (USD-SOFR + 1.338% on 9/19/2029) <sup>(f)</sup>  | 200 | 202 |
| Corebridge Financial, Inc. 3.90% 4/5/2032  | 5290 | 5041 |
| Deutsche Bank AG 2.311% 11/16/2027 (USD-SOFR + 1.219% on 11/16/2026) <sup>(f)</sup>  | 10270 | 10126 |
| Deutsche Bank AG 1.75% 11/19/2030 (3-month EUR-EURIBOR + 2.05% on 11/19/2029) <sup>(f)</sup>  | EUR14,000 | 15780 |
| DNB Bank ASA 4.00% 8/17/2027 (1-year GBP-GILT + 2.15% on 8/17/2026) <sup>(f)</sup>  | GBP4,310 | 5893 |
| Goldman Sachs Group, Inc. 2.64% 2/24/2028 (USD-SOFR + 1.114% on 2/24/2027) <sup>(f)</sup>  | USD460 | 454 |
| Goldman Sachs Group, Inc. 5.727% 4/25/2030 (USD-SOFR + 1.265% on 4/25/2029) <sup>(f)</sup>  | 2520 | 2632 |
| Goldman Sachs Group, Inc. 4.516% 1/21/2032 (USD-SOFR + 0.96% on 1/21/2031) <sup>(f)</sup>  | 8900 | 8899 |
| Goldman Sachs Group, Inc. 1.992% 1/27/2032 (USD-SOFR + 1.09% on 1/27/2031) <sup>(f)</sup>  | 240 | 213 |
| Goldman Sachs Group, Inc. 5.065% 1/21/2037 (USD-SOFR + 1.19% on 1/21/2036) <sup>(f)</sup>  | 11230 | 11186 |
| HSBC Holdings PLC 7.39% 11/3/2028 (USD-SOFR + 7.39% on 11/3/2027) <sup>(f)</sup>  | 20530 | 21670 |
| HSBC Holdings PLC 4.583% 6/19/2029 (3-month USD CME Term SOFR + 1.796% on 6/19/2028) <sup>(f)</sup>  | 2600 | 2625 |
| HSBC Holdings PLC 4.95% 3/31/2030  | 1200 | 1229 |
| HSBC Holdings PLC 4.619% 11/6/2031 (USD-SOFR + 1.19% on 11/6/2030) <sup>(f)</sup>  | 13560 | 13620 |
| HSBC Holdings PLC 7.399% 11/13/2034 (USD-SOFR + 3.02% on 11/13/2033) <sup>(f)</sup>  | 19913 | 22651 |
| ING Groep NV 5.25% 11/14/2033 (3-month EUR-EURIBOR + 2.15% on 11/14/2032) <sup>(f)</sup>  | EUR6,400 | 8423 |
| Intesa Sanpaolo SpA 6.50% 3/14/2029 (1-year GBP-ICE Swap SONIA + 2.594% on 3/14/2028) <sup>(f)</sup>  | GBP2,945 | 4202 |
| Intesa Sanpaolo SpA 4.271% 11/14/2036 (5-year EUR Mid-Swap + 1.95% on 11/14/2031) <sup>(f)</sup>  | EUR7,620 | 9296 |
| JPMorgan Chase & Co. 1.04% 2/4/2027 (USD-SOFR + 0.695% on 2/4/2026) <sup>(f)</sup>  | USD529 | 529 |
| JPMorgan Chase & Co. 5.299% 7/24/2029 (USD-SOFR + 1.45% on 7/24/2028) <sup>(f)</sup>  | 5320 | 5478 |
| JPMorgan Chase & Co. 4.603% 10/22/2030 (USD-SOFR + 1.04% on 10/22/2029) <sup>(f)</sup>  | 4500 | 4566 |
| JPMorgan Chase & Co. 5.572% 4/22/2036 (USD-SOFR + 1.68% on 4/22/2035) <sup>(f)</sup>  | 8030 | 8382 |
| JPMorgan Chase & Co. 4.81% 10/22/2036 (USD-SOFR + 1.19% on 10/22/2035) <sup>(f)</sup>  | 355 | 350 |
| JPMorgan Chase & Co. 4.898% 1/22/2037 (USD-SOFR + 1.07% on 1/22/2036) <sup>(f)</sup>  | 4525 | 4492 |
| KfW 2.375% 6/29/2029  | EUR125 | 148 |
| Lloyds Banking Group PLC 3.875% 5/14/2032 (1-year EUR-ICE Swap EURIBOR + 1.18% on 5/14/2031) <sup>(f)</sup>  | 1472 | 1795 |
| Mastercard, Inc. 2.00% 11/18/2031  | USD8,291 | 7392 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mizuho Financial Group, Inc. 5.778% 7/6/2029 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.65% on <br> 7/6/2028) <sup>(f)</sup>  | 7610 | 7910 |
| Morgan Stanley 5.656% 4/18/2030 (USD-SOFR + 1.26% on 4/18/2029) <sup>(f)</sup>  | 12080 | 12582 |
| Morgan Stanley 5.23% 1/15/2031 (USD-SOFR + 1.108% on 1/15/2030) <sup>(f)</sup>  | 2586 | 2663 |
| Morgan Stanley 4.356% 10/22/2031 (USD-SOFR + 1.074% on 10/22/2030) <sup>(f)</sup>  | 530 | 527 |
| Morgan Stanley 4.493% 1/16/2032 (USD-SOFR + 0.95% on 1/16/2031) <sup>(f)</sup>  | 2380 | 2379 |

---

American Funds Global Balanced Fund — Page 11 of 33

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Corporate bonds and notes (continued)**<br> **Financials (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Morgan Stanley 1.794% 2/13/2032 (USD-SOFR + 1.034% on 2/13/2031) <sup>(f)</sup>  | USD500 | $439 |
| NatWest Group PLC 0.78% 2/26/2030 (3-month EUR-EURIBOR + 0.949% on 2/26/2029) <sup>(f)</sup>  | EUR8,730 | 9736 |
| NatWest Group PLC 1.043% 9/14/2032 (5-year EUR Mid-Swap + 1.27% on 9/14/2027) <sup>(f)</sup>  | 700 | 810 |
| New York Life Global Funding 1.20% 8/7/2030 <sup>(d)</sup>  | USD6,520 | 5712 |
| New York Life Global Funding 5.00% 1/9/2034 <sup>(d)</sup>  | 780 | 793 |
| New York Life Insurance Co. 3.75% 5/15/2050 <sup>(d)</sup>  | 1261 | 940 |
| PNC Financial Services Group, Inc. 6.875% 10/20/2034 (USD-SOFR + 2.284% on 10/20/2033) <sup>(f)</sup>  | 4805 | 5402 |
| PNC Financial Services Group, Inc. 5.676% 1/22/2035 (USD-SOFR + 1.902% on 1/22/2034) <sup>(f)</sup>  | 1375 | 1443 |
| PT Bank Negara Indonesia (Persero) Tbk 5.28% 4/5/2029  | 19640 | 20158 |
| Santander Holdings USA, Inc. 3.244% 10/5/2026  | 7400 | 7363 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Standard Chartered PLC 5.244% 5/13/2031 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.35% on <br> 5/13/2030) <sup>(d)(f)</sup>  | 22090 | 22757 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Swiss Re Finance (Luxembourg) SA 5.00% 4/2/2049 (5-year UST Yield Curve Rate T Note Constant Maturity + <br> 3.582% on 4/2/2029) <sup>(d)(f)</sup>  | 1000 | 1009 |
| Toronto-Dominion Bank (The) 4.808% 6/3/2030  | 4880 | 4981 |
| Wells Fargo & Co. 3.90% 7/22/2032 (3-month EUR-EURIBOR + 1.22% on 7/22/2031) <sup>(f)(g)</sup>  | EUR6,210 | 7583 |
|  |  | 448062 |
| **Communication services 0.71%** |  |  |
| America Movil, SAB de CV, 10.125% 1/22/2029  | MXN631,090 | 37647 |
| America Movil, SAB de CV, 9.50% 1/27/2031  | 177880 | 10449 |
| America Movil, SAB de CV, 10.30% 1/30/2034  | 60460 | 3675 |
| AT&T, Inc. 2.30% 6/1/2027  | USD1,000 | 980 |
| AT&T, Inc. 2.75% 6/1/2031  | 2525 | 2323 |
| AT&T, Inc. 2.05% 5/19/2032  | EUR3,440 | 3792 |
| AT&T, Inc. 5.20% 11/18/2033  | GBP6,395 | 8795 |
| AT&T, Inc. 2.55% 12/1/2033  | USD8,900 | 7574 |
| AT&T, Inc. 4.30% 11/18/2034  | EUR1,410 | 1748 |
| AT&T, Inc. 3.50% 9/15/2053  | USD652 | 436 |
| CCO Holdings, LLC 4.25% 1/15/2034 <sup>(d)</sup>  | 26475 | 22389 |
| CCO Holdings, LLC 7.375% 2/1/2036 <sup>(d)</sup>  | 22945 | 22992 |
| Charter Communications Operating, LLC 5.85% 12/1/2035  | 13004 | 12948 |
| Charter Communications Operating, LLC 4.80% 3/1/2050  | 1625 | 1232 |
| Charter Communications Operating, LLC 5.25% 4/1/2053  | 2438 | 1949 |
| Charter Communications Operating, LLC 6.70% 12/1/2055  | 3250 | 3141 |
| Comcast Corp. 0.25% 9/14/2029  | EUR14,155 | 15371 |
| Comcast Corp. 4.80% 5/15/2033  | USD200 | 201 |
| Deutsche Telekom International Finance BV 9.25% 6/1/2032  | 1710 | 2135 |
| Orange 3.625% 11/16/2031  | EUR5,000 | 6103 |
| Orange 5.625% 1/23/2034  | GBP5,870 | 8400 |
| Orange 5.375% 11/22/2050  | 2000 | 2498 |
| Tencent Holdings, Ltd. 2.39% 6/3/2030 <sup>(d)</sup>  | USD3,954 | 3699 |
| T-Mobile USA, Inc. 1.50% 2/15/2026  | 3900 | 3896 |
| T-Mobile USA, Inc. 2.05% 2/15/2028  | 2500 | 2406 |
| T-Mobile USA, Inc. 3.875% 4/15/2030  | 400 | 393 |
| T-Mobile USA, Inc. 2.55% 2/15/2031  | 3900 | 3569 |
| T-Mobile USA, Inc. 3.15% 2/11/2032  | EUR200 | 236 |
| T-Mobile USA, Inc. 3.70% 5/8/2032  | 2590 | 3149 |
| T-Mobile USA, Inc. 5.15% 4/15/2034  | USD7,926 | 8062 |
| Verizon Communications, Inc. 0.375% 3/22/2029  | EUR9,780 | 10782 |
| Verizon Communications, Inc. 0.75% 3/22/2032  | 4480 | 4568 |
| Verizon Communications, Inc. 4.78% 2/15/2035  | USD5,560 | 5459 |
|  |  | 222997 |

---

American Funds Global Balanced Fund — Page 12 of 33

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Corporate bonds and notes (continued)**<br> **Utilities 0.57%**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Alfa Transmisora De Energia SA 4.55% 9/27/2051  | USD7,040 | $5634 |
| Amprion Gmbh 3.971% 9/22/2032  | EUR5,400 | 6635 |
| Berkshire Hathaway Energy Co. 2.85% 5/15/2051  | USD1,142 | 710 |
| CMS Energy Corp. 3.00% 5/15/2026  | 1420 | 1416 |
| Consumers Energy Co. 3.60% 8/15/2032  | 10665 | 10140 |
| Consumers Energy Co. 5.05% 5/15/2035  | 3605 | 3662 |
| Dominion Energy, Inc. 2.25% 8/15/2031  | 250 | 223 |
| Duke Energy Corp. 3.75% 4/1/2031  | EUR6,870 | 8303 |
| E.ON SE 1.625% 3/29/2031  | 13370 | 14867 |
| Edison International 5.25% 11/15/2028  | USD628 | 639 |
| Edison International 5.45% 6/15/2029  | 150 | 153 |
| Edison International 6.95% 11/15/2029  | 579 | 619 |
| Edison International 6.25% 3/15/2030  | 2693 | 2829 |
| Electricite de France SA 4.25% 1/25/2032  | EUR6,400 | 8001 |
| Electricite de France SA 4.00% 5/7/2037  | 6900 | 8202 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Electricite de France SA 2.625% junior subordinated perpetual bonds (5-year EUR Mid-Swap + 2.86% on <br> 6/1/2028) <sup>(f)</sup>  | 15600 | 18235 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Electricite de France SA 2.875% junior subordinated perpetual bonds (5-year EUR Mid-Swap + 3.373% on <br> 3/15/2027) <sup>(f)</sup>  | 800 | 947 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Electricite de France SA 7.50% junior subordinated perpetual bonds (5-year EUR Mid-Swap + 4.86% on <br> 12/6/2028) <sup>(f)</sup>  | 2200 | 2861 |
| Enel Finance International NV 2.125% 7/12/2028 <sup>(d)</sup>  | USD9,491 | 9057 |
| Enfragen Energia Sur SA 5.375% 12/30/2030  | 8651 | 8077 |
| Engie SA 7.00% 10/30/2028  | GBP2,850 | 4169 |
| Eversource Energy 1.40% 8/15/2026  | USD425 | 419 |
| Exelon Corp. 3.40% 4/15/2026  | 4390 | 4386 |
| Grupo Energia Bogota SA ESP 4.875% 5/15/2030 <sup>(d)</sup>  | 3590 | 3549 |
| Interstate Power and Light Co. 2.30% 6/1/2030  | 2650 | 2444 |
| NGG Finance PLC, junior subordinated, 2.125% 9/5/2082 (5-year EUR Mid-Swap + 2.532% on 9/5/2027) <sup>(f)</sup>  | EUR3,950 | 4620 |
| Pacific Gas and Electric Co. 4.65% 8/1/2028  | USD1,049 | 1060 |
| Pacific Gas and Electric Co. 4.55% 7/1/2030  | 1267 | 1264 |
| Pacific Gas and Electric Co. 6.15% 1/15/2033  | 5278 | 5599 |
| Pacific Gas and Electric Co. 6.00% 8/15/2035  | 4260 | 4461 |
| Pacific Gas and Electric Co. 4.95% 7/1/2050  | 1378 | 1169 |
| Pacific Gas and Electric Co. 3.50% 8/1/2050  | 7757 | 5252 |
| Pacific Gas and Electric Co. 6.15% 3/1/2055  | 6016 | 5976 |
| PacifiCorp 5.30% 2/15/2031  | 60 | 62 |
| Public Service Co. of Colorado 2.70% 1/15/2051  | 5960 | 3627 |
| San Diego Gas & Electric Co. 2.95% 8/15/2051  | 400 | 257 |
| Severn Trent Utilities Finance PLC 3.875% 8/4/2035  | EUR300 | 359 |
| Southern California Edison Co. 2.85% 8/1/2029  | USD525 | 499 |
| Southern California Edison Co. 5.45% 3/1/2035  | 4390 | 4441 |
| Southern California Edison Co. 5.90% 3/1/2055  | 600 | 580 |
| Southern California Edison Co. 6.20% 9/15/2055  | 3910 | 3947 |
| SP Transmission PLC 2.00% 11/13/2031  | GBP3,770 | 4499 |
| Tierra Mojada Luxembourg II SARL 5.75% 12/1/2040  | USD2,151 | 2106 |
| Xcel Energy, Inc. 3.35% 12/1/2026  | 4902 | 4881 |
|  |  | 180836 |
| **Energy 0.54%** |  |  |
| Cenovus Energy, Inc. 5.40% 6/15/2047  | 523 | 481 |
| Ecopetrol SA 8.625% 1/19/2029  | 8650 | 9272 |
| Empresa Nacional del Petroleo 5.95% 7/30/2034 <sup>(d)</sup>  | 5855 | 6115 |
| Enterprise Products Operating, LLC 4.95% 2/15/2035  | 1650 | 1669 |

---

American Funds Global Balanced Fund — Page 13 of 33

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Corporate bonds and notes (continued)**<br> **Energy (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| GreenSaif Pipelines Bidco SARL 5.853% 2/23/2036 <sup>(d)</sup>  | USD14,695 | $15264 |
| Oleoducto Central SA 4.00% 7/14/2027  | 1723 | 1702 |
| Petroleos Mexicanos 6.84% 1/23/2030  | 96665 | 99213 |
| Petroleos Mexicanos 6.95% 1/28/2060  | 5395 | 4398 |
| Qatar Energy 1.375% 9/12/2026 <sup>(d)</sup>  | 680 | 669 |
| Qatar Energy 3.125% 7/12/2041 <sup>(d)</sup>  | 19795 | 15183 |
| Raizen Fuels Finance SA 6.45% 3/5/2034 <sup>(d)</sup>  | 8145 | 6684 |
| Raizen Fuels Finance SA 6.95% 3/5/2054 <sup>(d)</sup>  | 1040 | 794 |
| Shell Finance US, Inc. 2.375% 11/7/2029  | 2060 | 1947 |
| TotalEnergies Capital SA 5.488% 4/5/2054  | 5640 | 5488 |
|  |  | 168879 |
| **Industrials 0.40%** |  |  |
| Boeing Co. (The) 3.25% 2/1/2028  | 650 | 641 |
| Boeing Co. (The) 6.298% 5/1/2029  | 6310 | 6704 |
| Boeing Co. (The) 6.528% 5/1/2034  | 39400 | 43600 |
| Canadian Pacific Railway Co. 3.00% 12/2/2041  | 3453 | 2596 |
| Canadian Pacific Railway Co. 3.10% 12/2/2051  | 10761 | 7149 |
| Carrier Global Corp. 2.493% 2/15/2027  | 277 | 273 |
| CSX Corp. 2.50% 5/15/2051  | 275 | 164 |
| Eaton Capital Unlimited Co. 3.802% 5/21/2036  | EUR5,690 | 6858 |
| GE Capital International Funding Co. Unlimited Co. 4.418% 11/15/2035  | USD4,050 | 3944 |
| Honeywell International, Inc. 0.75% 3/10/2032  | EUR1,060 | 1091 |
| Honeywell International, Inc. 3.75% 3/1/2036  | 3795 | 4500 |
| MISC Capital Two (Labuan), Ltd. 3.75% 4/6/2027 <sup>(d)</sup>  | USD14,783 | 14692 |
| RTX Corp. 4.125% 11/16/2028  | 5000 | 5025 |
| RTX Corp. 6.10% 3/15/2034  | 3535 | 3859 |
| RTX Corp. 4.50% 6/1/2042  | 4335 | 3928 |
| Sats Treasury Pte., Ltd. 4.828% 1/23/2029  | 200 | 204 |
| Tyco Electronics Group SA 4.875% 2/9/2036  | 14180 | 14121 |
| Union Pacific Corp. 2.80% 2/14/2032  | 800 | 737 |
| Veralto Corp. 4.15% 9/19/2031  | EUR1,850 | 2285 |
| Veralto Corp. 5.45% 9/18/2033  | USD3,620 | 3764 |
|  |  | 126135 |
| **Consumer discretionary 0.37%** |  |  |
| Amazon.com, Inc. 2.50% 6/3/2050  | 4165 | 2475 |
| BMW International Investment BV 4.75% 9/4/2030  | GBP6,200 | 8581 |
| BMW US Capital, LLC 1.25% 8/12/2026 <sup>(d)</sup>  | USD325 | 321 |
| Daimler Trucks Finance North America, LLC 5.375% 1/18/2034 <sup>(d)</sup>  | 1637 | 1673 |
| Ford Motor Credit Co., LLC 3.622% 7/27/2028  | EUR13,115 | 15772 |
| Ford Motor Credit Co., LLC 5.73% 9/5/2030  | USD4,720 | 4834 |
| Ford Motor Credit Co., LLC 6.50% 2/7/2035  | 11640 | 12147 |
| General Motors Financial Co., Inc. 2.40% 4/10/2028  | 9800 | 9459 |
| General Motors Financial Co., Inc. 3.70% 7/14/2031 <sup>(g)</sup>  | EUR9,290 | 11228 |
| General Motors Financial Co., Inc. 6.15% 7/15/2035  | USD400 | 423 |
| Hyundai Capital America 1.50% 6/15/2026 <sup>(d)</sup>  | 4850 | 4806 |
| Hyundai Capital America 1.65% 9/17/2026 <sup>(d)</sup>  | 275 | 271 |
| Hyundai Capital America 2.375% 10/15/2027 <sup>(d)</sup>  | 4619 | 4490 |
| Hyundai Capital America 2.00% 6/15/2028 <sup>(d)</sup>  | 3275 | 3117 |
| Hyundai Capital America 2.875% 6/26/2028  | EUR5,770 | 6882 |
| Hyundai Capital America 4.50% 9/18/2030 <sup>(d)</sup>  | USD400 | 400 |
| McDonald's Corp. 1.60% 3/15/2031 <sup>(g)</sup>  | EUR5,400 | 5980 |
| Sands China, Ltd. 5.40% 8/8/2028  | USD14,233 | 14516 |

---

American Funds Global Balanced Fund — Page 14 of 33

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Corporate bonds and notes (continued)**<br> **Consumer discretionary (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Sands China, Ltd. 2.85% 3/8/2029  | USD3,000 | $2862 |
| Sands China, Ltd. 4.375% 6/18/2030  | 4017 | 3954 |
| Sands China, Ltd. 3.25% 8/8/2031  | 3930 | 3640 |
|  |  | 117831 |
| **Materials 0.27%** |  |  |
| Braskem Netherlands Finance BV 4.50% 1/31/2030  | 14957 | 6464 |
| Braskem Netherlands Finance BV 8.50% 1/12/2031  | 24403 | 10448 |
| Braskem Netherlands Finance BV 7.25% 2/13/2033  | 6846 | 2781 |
| Celanese US Holdings, LLC 7.379% 7/15/2032  | 2860 | 2986 |
| First Quantum Minerals, Ltd. 9.375% 3/1/2029 <sup>(d)</sup>  | 17025 | 17882 |
| Nickel Industries, Ltd. 9.00% 9/30/2030 <sup>(d)</sup>  | 6590 | 6924 |
| POSCO 4.875% 1/23/2027 <sup>(d)</sup>  | 2110 | 2126 |
| Samarco Mineracao SA 9.00% PIK 6/30/2031 (5.50% PIK and 3.50% Cash on 12/30/2026) <sup>(f)(h)</sup>  | 19063 | 19150 |
| Samarco Mineracao SA 9.00% PIK 6/30/2031 (5.50% PIK and 3.50% Cash on 12/30/2026) <sup>(d)(f)(h)</sup>  | 3217 | 3231 |
| Vale Overseas, Ltd. 3.75% 7/8/2030  | 3478 | 3362 |
| Verallia SAS 3.875% 11/4/2032  | EUR9,600 | 11216 |
|  |  | 86570 |
| **Health care 0.26%** |  |  |
| Abbott Laboratories 3.75% 11/30/2026  | USD1,133 | 1134 |
| AbbVie, Inc. 3.20% 5/14/2026  | 3000 | 2995 |
| AbbVie, Inc. 5.05% 3/15/2034  | 100 | 103 |
| AbbVie, Inc. 5.35% 3/15/2044  | 25 | 25 |
| AbbVie, Inc. 5.40% 3/15/2054  | 200 | 194 |
| AbbVie, Inc. 5.50% 3/15/2064  | 75 | 73 |
| Amgen, Inc. 4.20% 3/1/2033  | 800 | 781 |
| Amgen, Inc. 5.25% 3/2/2033  | 10792 | 11171 |
| Amgen, Inc. 5.65% 3/2/2053  | 19999 | 19699 |
| AstraZeneca Finance, LLC 2.25% 5/28/2031  | 4757 | 4331 |
| Baxter International, Inc. 5.65% 12/15/2035  | 2180 | 2199 |
| Becton, Dickinson and Co. 4.298% 8/22/2032  | 400 | 394 |
| Bristol-Myers Squibb Co. 5.55% 2/22/2054  | 3700 | 3622 |
| CVS Health Corp. 5.40% 6/1/2029  | 8600 | 8907 |
| GE HealthCare Technologies, Inc. 4.80% 8/14/2029  | 2175 | 2220 |
| Pfizer Investment Enterprises Pte., Ltd. 4.75% 5/19/2033  | 8969 | 9062 |
| Pfizer Investment Enterprises Pte., Ltd. 5.30% 5/19/2053  | 1352 | 1283 |
| Regeneron Pharmaceuticals, Inc. 1.75% 9/15/2030  | 3502 | 3134 |
| Shire Acquisitions Investments Ireland DAC 3.20% 9/23/2026  | 21 | 21 |
| Stryker Corp. 0.75% 3/1/2029  | EUR2,440 | 2734 |
| Stryker Corp. 1.00% 12/3/2031  | 1130 | 1193 |
| Stryker Corp. 5.20% 2/10/2035  | USD805 | 825 |
| Takeda Pharmaceutical Co., Ltd. 0.75% 7/9/2027  | EUR1,984 | 2297 |
| UnitedHealth Group, Inc. 5.625% 7/15/2054  | USD3,800 | 3703 |
|  |  | 82100 |
| **Consumer staples 0.25%** |  |  |
| Altria Group, Inc. 2.20% 6/15/2027  | EUR6,300 | 7443 |
| BAT Capital Corp. 3.215% 9/6/2026  | USD2,181 | 2172 |
| BAT Capital Corp. 3.557% 8/15/2027  | 2610 | 2594 |
| BAT Capital Corp. 3.462% 9/6/2029  | 2625 | 2561 |
| BAT Capital Corp. 5.625% 8/15/2035  | 15646 | 16253 |
| Campbell's Co. (The) 4.75% 3/23/2035  | 3056 | 2931 |
| Coca-Cola Co. 1.25% 3/8/2031  | EUR5,900 | 6447 |

---

American Funds Global Balanced Fund — Page 15 of 33

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Corporate bonds and notes (continued)**<br> **Consumer staples (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Coca-Cola Co. 4.65% 8/14/2034  | USD4,037 | $4110 |
| Coca-Cola Co. 3.75% 8/15/2053  | EUR2,095 | 2262 |
| Mars, Inc. 5.00% 3/1/2032 <sup>(d)</sup>  | USD500 | 514 |
| Mars, Inc. 5.20% 3/1/2035 <sup>(d)</sup>  | 6870 | 7036 |
| Minerva Luxembourg SA 8.875% 9/13/2033  | 11430 | 12495 |
| Philip Morris International, Inc. 2.75% 6/6/2029  | EUR525 | 622 |
| Philip Morris International, Inc. 2.10% 5/1/2030  | USD2,078 | 1906 |
| Philip Morris International, Inc. 4.00% 10/29/2030  | 241 | 239 |
| Philip Morris International, Inc. 5.75% 11/17/2032  | 6883 | 7352 |
| Philip Morris International, Inc. 4.125% 3/4/2043  | 819 | 697 |
| Philip Morris International, Inc. 4.875% 11/15/2043  | 1081 | 1002 |
|  |  | 78636 |
| **Information technology 0.09%** |  |  |
| Adobe, Inc. 2.15% 2/1/2027  | 3585 | 3532 |
| Amphenol Corp. 3.125% 6/16/2032  | EUR350 | 414 |
| Broadcom, Inc. 4.00% 4/15/2029 <sup>(d)</sup>  | USD3,915 | 3905 |
| Broadcom, Inc. 4.15% 11/15/2030  | 380 | 378 |
| Broadcom, Inc. 3.469% 4/15/2034  | 6531 | 5940 |
| Microchip Technology, Inc. 5.05% 2/15/2030  | 164 | 168 |
| Microsoft Corp. 3.30% 2/6/2027  | 2600 | 2592 |
| Oracle Corp. 2.65% 7/15/2026  | 6024 | 5983 |
| Oracle Corp. 3.25% 11/15/2027  | 4246 | 4166 |
| Oracle Corp. 5.20% 9/26/2035  | 229 | 218 |
|  |  | 27296 |
| **Real estate 0.04%** |  |  |
| American Tower Corp. 0.45% 1/15/2027  | EUR6,520 | 7603 |
| COPT Defense Properties, LP 2.75% 4/15/2031  | USD180 | 164 |
| Equinix, Inc. 2.15% 7/15/2030  | 5662 | 5144 |
| Equinix, Inc. 3.00% 7/15/2050  | 1738 | 1107 |
|  |  | 14018 |
| **Municipals 0.01%** |  |  |
| Aeropuerto Internacional de Tocumen SA 5.125% 8/11/2061 <sup>(d)</sup>  | 3390 | 2746 |
| **Total corporate bonds and notes** |  | 1556106 |
| **Mortgage-backed obligations 4.03%**<br> **Federal agency mortgage-backed obligations 2.68%**<br>|  |  |
| Fannie Mae Pool #MA3539 4.50% 12/1/2038 <sup>(i)</sup>  | 65 | 66 |
| Fannie Mae Pool #FS9792 4.50% 12/1/2050 <sup>(i)</sup>  | 133 | 133 |
| Fannie Mae Pool #FM6556 2.00% 3/1/2051 <sup>(i)</sup>  | 221 | 180 |
| Fannie Mae Pool #BV0894 2.00% 1/1/2052 <sup>(i)</sup>  | 358 | 292 |
| Fannie Mae Pool #BU8256 2.00% 2/1/2052 <sup>(i)</sup>  | 1108 | 901 |
| Fannie Mae Pool #MA4577 2.00% 4/1/2052 <sup>(i)</sup>  | 9214 | 7504 |
| Fannie Mae Pool #CB3394 2.00% 4/1/2052 <sup>(i)</sup>  | 690 | 561 |
| Fannie Mae Pool #CB3346 2.00% 4/1/2052 <sup>(i)</sup>  | 43 | 35 |
| Fannie Mae Pool #FS9189 2.00% 5/1/2052 <sup>(i)</sup>  | 1431 | 1169 |
| Fannie Mae Pool #MA4769 2.00% 9/1/2052 <sup>(i)</sup>  | 58 | 47 |
| Fannie Mae Pool #FS3056 2.00% 10/1/2052 <sup>(i)</sup>  | 3962 | 3229 |
| Fannie Mae Pool #CB4852 4.50% 10/1/2052 <sup>(i)</sup>  | 2229 | 2193 |
| Fannie Mae Pool #MA4919 5.50% 2/1/2053 <sup>(i)</sup>  | 17 | 18 |
| Fannie Mae Pool #FS4191 5.50% 3/1/2053 <sup>(i)</sup>  | 205 | 210 |
| Fannie Mae Pool #MA4978 5.00% 4/1/2053 <sup>(i)</sup>  | 11870 | 11921 |

---

American Funds Global Balanced Fund — Page 16 of 33

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Mortgage-backed obligations (continued)**<br> **Federal agency mortgage-backed obligations (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Fannie Mae Pool #FS4840 5.50% 5/1/2053 <sup>(i)</sup>  | USD153 | $155 |
| Fannie Mae Pool #MA5010 5.50% 5/1/2053 <sup>(i)</sup>  | 3 | 3 |
| Fannie Mae Pool #MA5039 5.50% 6/1/2053 <sup>(i)</sup>  | 11 | 11 |
| Fannie Mae Pool #MA5072 5.50% 7/1/2053 <sup>(i)</sup>  | 41 | 41 |
| Fannie Mae Pool #CB7104 5.50% 9/1/2053 <sup>(i)</sup>  | 20278 | 20747 |
| Fannie Mae Pool #MA5139 6.00% 9/1/2053 <sup>(i)</sup>  | 2581 | 2657 |
| Fannie Mae Pool #CB7331 5.50% 10/1/2053 <sup>(i)</sup>  | 31628 | 32208 |
| Fannie Mae Pool #MA5166 6.00% 10/1/2053 <sup>(i)</sup>  | 10284 | 10582 |
| Fannie Mae Pool #MA5191 6.00% 11/1/2053 <sup>(i)</sup>  | 12428 | 12793 |
| Fannie Mae Pool #FS6767 6.50% 1/1/2054 <sup>(i)</sup>  | 1487 | 1557 |
| Fannie Mae Pool #MA5271 5.50% 2/1/2054 <sup>(i)</sup>  | 65 | 66 |
| Fannie Mae Pool #FS7503 6.00% 2/1/2054 <sup>(i)</sup>  | 1615 | 1655 |
| Fannie Mae Pool #FS7031 6.00% 2/1/2054 <sup>(i)</sup>  | 1525 | 1576 |
| Fannie Mae Pool #MA5296 5.50% 3/1/2054 <sup>(i)</sup>  | 48 | 48 |
| Fannie Mae Pool #MA5295 6.00% 3/1/2054 <sup>(i)</sup>  | 783 | 804 |
| Fannie Mae Pool #CB8536 5.50% 5/1/2054 <sup>(i)</sup>  | 1456 | 1494 |
| Fannie Mae Pool #FS8131 5.50% 6/1/2054 <sup>(i)</sup>  | 6065 | 6214 |
| Fannie Mae Pool #FS8153 6.00% 6/1/2054 <sup>(i)</sup>  | 4599 | 4775 |
| Fannie Mae Pool #DB6878 6.00% 6/1/2054 <sup>(i)</sup>  | 2861 | 2932 |
| Fannie Mae Pool #CB8755 6.00% 6/1/2054 <sup>(i)</sup>  | 1524 | 1571 |
| Fannie Mae Pool #FS8223 6.00% 6/1/2054 <sup>(i)</sup>  | 1455 | 1495 |
| Fannie Mae Pool #FS8219 6.00% 6/1/2054 <sup>(i)</sup>  | 1255 | 1297 |
| Fannie Mae Pool #CB8725 6.50% 6/1/2054 <sup>(i)</sup>  | 582 | 605 |
| Fannie Mae Pool #FS8467 5.50% 7/1/2054 <sup>(i)</sup>  | 10879 | 11157 |
| Fannie Mae Pool #CB8842 5.50% 7/1/2054 <sup>(i)</sup>  | 8150 | 8322 |
| Fannie Mae Pool #BU4699 5.50% 7/1/2054 <sup>(i)</sup>  | 3728 | 3806 |
| Fannie Mae Pool #DB5213 5.50% 7/1/2054 <sup>(i)</sup>  | 893 | 906 |
| Fannie Mae Pool #MA5421 6.00% 7/1/2054 <sup>(i)</sup>  | 8135 | 8332 |
| Fannie Mae Pool #FS8318 6.00% 7/1/2054 <sup>(i)</sup>  | 3057 | 3187 |
| Fannie Mae Pool #BU4700 6.00% 7/1/2054 <sup>(i)</sup>  | 1839 | 1896 |
| Fannie Mae Pool #DB6901 6.00% 7/1/2054 <sup>(i)</sup>  | 1720 | 1762 |
| Fannie Mae Pool #CB8858 6.00% 7/1/2054 <sup>(i)</sup>  | 1337 | 1381 |
| Fannie Mae Pool #DB7039 6.00% 7/1/2054 <sup>(i)</sup>  | 1064 | 1096 |
| Fannie Mae Pool #CB8872 6.50% 7/1/2054 <sup>(i)</sup>  | 900 | 938 |
| Fannie Mae Pool #DB7783 5.50% 8/1/2054 <sup>(i)</sup>  | 1649 | 1677 |
| Fannie Mae Pool #MA5445 6.00% 8/1/2054 <sup>(i)</sup>  | 8221 | 8422 |
| Fannie Mae Pool #FS8757 6.00% 8/1/2054 <sup>(i)</sup>  | 4334 | 4509 |
| Fannie Mae Pool #FS8758 6.00% 8/1/2054 <sup>(i)</sup>  | 2095 | 2152 |
| Fannie Mae Pool #BU4916 6.00% 8/1/2054 <sup>(i)</sup>  | 1961 | 2014 |
| Fannie Mae Pool #FS8756 6.00% 8/1/2054 <sup>(i)</sup>  | 1765 | 1819 |
| Fannie Mae Pool #DB7692 6.00% 8/1/2054 <sup>(i)</sup>  | 1398 | 1435 |
| Fannie Mae Pool #BU4968 6.00% 8/1/2054 <sup>(i)</sup>  | 1172 | 1201 |
| Fannie Mae Pool #DB7687 6.00% 8/1/2054 <sup>(i)</sup>  | 530 | 547 |
| Fannie Mae Pool #DB7690 6.00% 8/1/2054 <sup>(i)</sup>  | 459 | 476 |
| Fannie Mae Pool #DC0296 6.00% 8/1/2054 <sup>(i)</sup>  | 419 | 437 |
| Fannie Mae Pool #FS8795 6.00% 8/1/2054 <sup>(i)</sup>  | 262 | 268 |
| Fannie Mae Pool #MA5446 6.50% 8/1/2054 <sup>(i)</sup>  | 12 | 13 |
| Fannie Mae Pool #CB9210 5.50% 9/1/2054 <sup>(i)</sup>  | 1121 | 1139 |
| Fannie Mae Pool #BU4946 5.50% 9/1/2054 <sup>(i)</sup>  | 1039 | 1055 |
| Fannie Mae Pool #CB9146 5.50% 9/1/2054 <sup>(i)</sup>  | 640 | 652 |
| Fannie Mae Pool #MA5470 5.50% 9/1/2054 <sup>(i)</sup>  | 5 | 5 |
| Fannie Mae Pool #MA5471 6.00% 9/1/2054 <sup>(e)(i)</sup>  | 61663 | 63165 |
| Fannie Mae Pool #FS8866 6.00% 9/1/2054 <sup>(i)</sup>  | 4056 | 4181 |
| Fannie Mae Pool #DC1873 6.00% 9/1/2054 <sup>(i)</sup>  | 70 | 72 |

---

American Funds Global Balanced Fund — Page 17 of 33

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Mortgage-backed obligations (continued)**<br> **Federal agency mortgage-backed obligations (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Fannie Mae Pool #MA5472 6.50% 9/1/2054 <sup>(i)</sup>  | USD37 | $39 |
| Fannie Mae Pool #MA5528 4.00% 11/1/2054 <sup>(i)</sup>  | 920 | 880 |
| Fannie Mae Pool #MA5531 5.50% 11/1/2054 <sup>(i)</sup>  | 672 | 682 |
| Fannie Mae Pool #MA5550 4.00% 12/1/2054 <sup>(i)</sup>  | 18314 | 17513 |
| Fannie Mae Pool #MA5552 5.00% 12/1/2054 <sup>(i)</sup>  | 981 | 982 |
| Fannie Mae Pool #BU5361 5.00% 12/1/2054 <sup>(i)</sup>  | 838 | 842 |
| Fannie Mae Pool #DC7823 6.00% 12/1/2054 <sup>(i)</sup>  | 64 | 66 |
| Fannie Mae Pool #MA5583 4.00% 1/1/2055 <sup>(i)</sup>  | 11495 | 10993 |
| Fannie Mae Pool #MA5587 6.00% 1/1/2055 <sup>(i)</sup>  | 454 | 465 |
| Fannie Mae Pool #FA0608 5.50% 2/1/2055 <sup>(i)</sup>  | 18177 | 18448 |
| Fannie Mae Pool #MA5614 5.50% 2/1/2055 <sup>(i)</sup>  | 940 | 954 |
| Fannie Mae Pool #MA5615 6.00% 2/1/2055 <sup>(i)</sup>  | 3443 | 3526 |
| Fannie Mae Pool #DD2618 4.00% 3/1/2055 <sup>(i)</sup>  | 788 | 753 |
| Fannie Mae Pool #MA5643 4.00% 3/1/2055 <sup>(i)</sup>  | 152 | 145 |
| Fannie Mae Pool #MA5647 6.00% 3/1/2055 <sup>(i)</sup>  | 2303 | 2359 |
| Fannie Mae Pool #190445 6.50% 3/1/2055 <sup>(i)</sup>  | 2057 | 2130 |
| Fannie Mae Pool #FA2843 6.50% 3/1/2055 <sup>(i)</sup>  | 92 | 96 |
| Fannie Mae Pool #MA5670 4.00% 4/1/2055 <sup>(i)</sup>  | 2492 | 2383 |
| Fannie Mae Pool #BV1591 4.00% 4/1/2055 <sup>(i)</sup>  | 1695 | 1620 |
| Fannie Mae Pool #MA5674 6.00% 4/1/2055 <sup>(i)</sup>  | 2747 | 2813 |
| Fannie Mae Pool #FA1162 6.00% 4/1/2055 <sup>(i)</sup>  | 867 | 888 |
| Fannie Mae Pool #DD4459 6.00% 4/1/2055 <sup>(i)</sup>  | 842 | 862 |
| Fannie Mae Pool #MA5697 4.00% 5/1/2055 <sup>(i)</sup>  | 3718 | 3555 |
| Fannie Mae Pool #MA5699 5.00% 5/1/2055 <sup>(i)</sup>  | 6262 | 6267 |
| Fannie Mae Pool #MA5701 6.00% 5/1/2055 <sup>(i)</sup>  | 1507 | 1543 |
| Fannie Mae Pool #MA5734 5.00% 6/1/2055 <sup>(i)</sup>  | 3151 | 3154 |
| Fannie Mae Pool #MA5735 5.50% 6/1/2055 <sup>(i)</sup>  | 15476 | 15706 |
| Fannie Mae Pool #MA5761 6.00% 7/1/2055 <sup>(i)</sup>  | 5096 | 5219 |
| Fannie Mae Pool #MA5762 6.50% 7/1/2055 <sup>(i)</sup>  | 1936 | 2004 |
| Fannie Mae Pool #BV6163 3.50% 8/1/2055 <sup>(i)</sup>  | 650 | 602 |
| Fannie Mae Pool #MA5792 5.50% 8/1/2055 <sup>(i)</sup>  | 16569 | 16812 |
| Fannie Mae Pool #BV6044 3.50% 9/1/2055 <sup>(i)</sup>  | 998 | 925 |
| Fannie Mae Pool #MA5822 5.50% 9/1/2055 <sup>(i)</sup>  | 2883 | 2925 |
| Fannie Mae Pool #BV6252 4.00% 10/1/2055 <sup>(i)</sup>  | 211 | 202 |
| Fannie Mae Pool #MA5876 4.00% 11/1/2055 <sup>(i)</sup>  | 608 | 581 |
| Fannie Mae Pool #DF3744 4.00% 11/1/2055 <sup>(i)</sup>  | 499 | 477 |
| Fannie Mae Pool #MA5907 4.00% 12/1/2055 <sup>(i)</sup>  | 191 | 183 |
| Freddie Mac Pool #Z40273 4.50% 10/1/2048 <sup>(i)</sup>  | 209 | 209 |
| Freddie Mac Pool #QB7061 2.00% 12/1/2050 <sup>(i)</sup>  | 390 | 317 |
| Freddie Mac Pool #RA6114 2.00% 2/1/2052 <sup>(i)</sup>  | 624 | 507 |
| Freddie Mac Pool #SD8276 5.00% 12/1/2052 <sup>(i)</sup>  | 1 | 1 |
| Freddie Mac Pool #SD8331 5.50% 6/1/2053 <sup>(i)</sup>  | 48 | 49 |
| Freddie Mac Pool #SD8341 5.00% 7/1/2053 <sup>(i)</sup>  | 99 | 100 |
| Freddie Mac Pool #SD8342 5.50% 7/1/2053 <sup>(i)</sup>  | 130 | 133 |
| Freddie Mac Pool #SD3432 6.00% 7/1/2053 <sup>(i)</sup>  | 1086 | 1133 |
| Freddie Mac Pool #SD3512 6.00% 8/1/2053 <sup>(i)</sup>  | 464 | 478 |
| Freddie Mac Pool #SD8363 6.00% 9/1/2053 <sup>(i)</sup>  | 4673 | 4793 |
| Freddie Mac Pool #RJ0326 6.50% 11/1/2053 <sup>(i)</sup>  | 568 | 589 |
| Freddie Mac Pool #SD8401 5.50% 2/1/2054 <sup>(i)</sup>  | 1896 | 1925 |
| Freddie Mac Pool #SD8402 6.00% 2/1/2054 <sup>(i)</sup>  | 11502 | 11812 |
| Freddie Mac Pool #SD8408 5.50% 3/1/2054 <sup>(i)</sup>  | 1915 | 1944 |
| Freddie Mac Pool #QI3333 6.00% 4/1/2054 <sup>(i)</sup>  | 590 | 615 |
| Freddie Mac Pool #RJ1413 5.50% 5/1/2054 <sup>(i)</sup>  | 11497 | 11797 |
| Freddie Mac Pool #SD5692 6.00% 5/1/2054 <sup>(i)</sup>  | 825 | 860 |

---

American Funds Global Balanced Fund — Page 18 of 33

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Mortgage-backed obligations (continued)**<br> **Federal agency mortgage-backed obligations (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Freddie Mac Pool #RJ1857 5.50% 6/1/2054 <sup>(i)</sup>  | USD16,367 | $16693 |
| Freddie Mac Pool #RJ1768 5.50% 6/1/2054 <sup>(i)</sup>  | 2731 | 2799 |
| Freddie Mac Pool #RJ1779 6.00% 6/1/2054 <sup>(i)</sup>  | 5035 | 5233 |
| Freddie Mac Pool #RJ1963 5.50% 7/1/2054 <sup>(i)</sup>  | 2510 | 2562 |
| Freddie Mac Pool #QI8872 5.50% 7/1/2054 <sup>(i)</sup>  | 1904 | 1945 |
| Freddie Mac Pool #RJ1975 6.00% 7/1/2054 <sup>(i)</sup>  | 6569 | 6789 |
| Freddie Mac Pool #SD8447 6.00% 7/1/2054 <sup>(i)</sup>  | 5309 | 5437 |
| Freddie Mac Pool #SD5813 6.00% 7/1/2054 <sup>(i)</sup>  | 4264 | 4385 |
| Freddie Mac Pool #RJ1964 6.00% 7/1/2054 <sup>(i)</sup>  | 3225 | 3361 |
| Freddie Mac Pool #QI8874 6.00% 7/1/2054 <sup>(i)</sup>  | 2520 | 2597 |
| Freddie Mac Pool #SD5873 6.00% 7/1/2054 <sup>(i)</sup>  | 1529 | 1571 |
| Freddie Mac Pool #SD5896 6.00% 7/1/2054 <sup>(i)</sup>  | 1040 | 1069 |
| Freddie Mac Pool #RJ2243 5.50% 8/1/2054 <sup>(i)</sup>  | 1225 | 1250 |
| Freddie Mac Pool #RJ2206 5.50% 8/1/2054 <sup>(i)</sup>  | 773 | 786 |
| Freddie Mac Pool #SD6286 5.50% 8/1/2054 <sup>(i)</sup>  | 324 | 331 |
| Freddie Mac Pool #RJ2203 5.50% 8/1/2054 <sup>(i)</sup>  | 219 | 224 |
| Freddie Mac Pool #SD8454 6.00% 8/1/2054 <sup>(i)</sup>  | 4252 | 4355 |
| Freddie Mac Pool #RJ2216 6.00% 8/1/2054 <sup>(i)</sup>  | 3521 | 3617 |
| Freddie Mac Pool #SD6029 6.00% 8/1/2054 <sup>(i)</sup>  | 2645 | 2727 |
| Freddie Mac Pool #RJ2210 6.00% 8/1/2054 <sup>(i)</sup>  | 2346 | 2408 |
| Freddie Mac Pool #RJ2228 6.50% 8/1/2054 <sup>(i)</sup>  | 1089 | 1131 |
| Freddie Mac Pool #RJ2298 5.50% 9/1/2054 <sup>(i)</sup>  | 2604 | 2647 |
| Freddie Mac Pool #QJ3044 5.50% 9/1/2054 <sup>(i)</sup>  | 2087 | 2119 |
| Freddie Mac Pool #RJ2415 5.50% 9/1/2054 <sup>(i)</sup>  | 1940 | 1991 |
| Freddie Mac Pool #RJ2408 5.50% 9/1/2054 <sup>(i)</sup>  | 1765 | 1800 |
| Freddie Mac Pool #RJ2422 5.50% 9/1/2054 <sup>(i)</sup>  | 999 | 1016 |
| Freddie Mac Pool #SD8462 5.50% 9/1/2054 <sup>(i)</sup>  | 8 | 8 |
| Freddie Mac Pool #RJ2314 6.00% 9/1/2054 <sup>(i)</sup>  | 6178 | 6365 |
| Freddie Mac Pool #RJ2308 6.00% 9/1/2054 <sup>(i)</sup>  | 4622 | 4820 |
| Freddie Mac Pool #RJ2306 6.00% 9/1/2054 <sup>(i)</sup>  | 4556 | 4740 |
| Freddie Mac Pool #RJ2312 6.00% 9/1/2054 <sup>(i)</sup>  | 3288 | 3389 |
| Freddie Mac Pool #RJ2309 6.00% 9/1/2054 <sup>(i)</sup>  | 2813 | 2890 |
| Freddie Mac Pool #RJ2474 6.50% 9/1/2054 <sup>(i)</sup>  | 217 | 225 |
| Freddie Mac Pool #RJ2411 6.50% 9/1/2054 <sup>(i)</sup>  | 145 | 150 |
| Freddie Mac Pool #RJ2470 6.50% 9/1/2054 <sup>(i)</sup>  | 62 | 65 |
| Freddie Mac Pool #SD8469 5.50% 10/1/2054 <sup>(i)</sup>  | 191 | 194 |
| Freddie Mac Pool #SD8484 4.00% 11/1/2054 <sup>(i)</sup>  | 11785 | 11270 |
| Freddie Mac Pool #RJ2860 5.00% 11/1/2054 <sup>(i)</sup>  | 2713 | 2716 |
| Freddie Mac Pool #SD8475 5.50% 11/1/2054 <sup>(i)</sup>  | 3660 | 3714 |
| Freddie Mac Pool #SD8487 4.00% 12/1/2054 <sup>(i)</sup>  | 6315 | 6039 |
| Freddie Mac Pool #RJ3017 5.00% 12/1/2054 <sup>(i)</sup>  | 2960 | 2962 |
| Freddie Mac Pool #RJ3163 5.00% 12/1/2054 <sup>(i)</sup>  | 1602 | 1613 |
| Freddie Mac Pool #QX1743 5.00% 12/1/2054 <sup>(i)</sup>  | 728 | 731 |
| Freddie Mac Pool #QX2834 5.00% 12/1/2054 <sup>(i)</sup>  | 242 | 243 |
| Freddie Mac Pool #SD8491 5.00% 12/1/2054 <sup>(i)</sup>  | 1 | 1 |
| Freddie Mac Pool #QX1414 5.50% 12/1/2054 <sup>(i)</sup>  | 306 | 310 |
| Freddie Mac Pool #SD8493 5.50% 12/1/2054 <sup>(i)</sup>  | 74 | 75 |
| Freddie Mac Pool #SL2928 7.00% 1/1/2055 <sup>(i)</sup>  | 2239 | 2342 |
| Freddie Mac Pool #SD8506 5.50% 2/1/2055 <sup>(i)</sup>  | 1541 | 1564 |
| Freddie Mac Pool #SD8507 6.00% 2/1/2055 <sup>(i)</sup>  | 1273 | 1303 |
| Freddie Mac Pool #QX8690 4.00% 3/1/2055 <sup>(i)</sup>  | 367 | 351 |
| Freddie Mac Pool #SL0799 5.00% 3/1/2055 <sup>(i)</sup>  | 1945 | 1947 |
| Freddie Mac Pool #SL1094 5.00% 4/1/2055 <sup>(i)</sup>  | 2746 | 2748 |
| Freddie Mac Pool #SD8525 6.00% 4/1/2055 <sup>(i)</sup>  | 2356 | 2412 |

---

American Funds Global Balanced Fund — Page 19 of 33

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Mortgage-backed obligations (continued)**<br> **Federal agency mortgage-backed obligations (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Freddie Mac Pool #SD8532 5.00% 5/1/2055 <sup>(i)</sup>  | USD5,762 | $5767 |
| Freddie Mac Pool #SD8533 5.50% 5/1/2055 <sup>(i)</sup>  | 8393 | 8518 |
| Freddie Mac Pool #SD8534 6.00% 5/1/2055 <sup>(i)</sup>  | 647 | 663 |
| Freddie Mac Pool #RQ0010 4.00% 6/1/2055 <sup>(i)</sup>  | 593 | 567 |
| Freddie Mac Pool #RQ0012 5.00% 6/1/2055 <sup>(i)</sup>  | 3376 | 3379 |
| Freddie Mac Pool #RQ0015 6.50% 6/1/2055 <sup>(i)</sup>  | 1336 | 1383 |
| Freddie Mac Pool #RQ0024 4.00% 7/1/2055 <sup>(i)</sup>  | 382 | 365 |
| Freddie Mac Pool #RQ0027 5.50% 7/1/2055 <sup>(i)</sup>  | 2351 | 2386 |
| Freddie Mac Pool #QY7483 6.00% 7/1/2055 <sup>(i)</sup>  | 810 | 830 |
| Freddie Mac Pool #SL1959 6.50% 7/1/2055 <sup>(i)</sup>  | 1076 | 1115 |
| Freddie Mac Pool #RQ0073 4.00% 12/1/2055 <sup>(i)</sup>  | 3967 | 3793 |
| Freddie Mac Pool #RQ0082 4.00% 1/1/2056 <sup>(i)</sup>  | 8971 | 8576 |
| Government National Mortgage Assn. Pool #MA9170 5.00% 9/20/2053 <sup>(i)</sup>  | 41664 | 41855 |
| Uniform Mortgage-Backed Security 2.00% 2/1/2056 <sup>(i)(j)</sup>  | 24267 | 19692 |
| Uniform Mortgage-Backed Security 3.50% 2/1/2056 <sup>(i)(j)</sup>  | 14736 | 13631 |
| Uniform Mortgage-Backed Security 4.00% 2/1/2056 <sup>(i)(j)</sup>  | 33711 | 32200 |
| Uniform Mortgage-Backed Security 4.50% 2/1/2056 <sup>(i)(j)</sup>  | 794 | 778 |
| Uniform Mortgage-Backed Security 6.50% 2/1/2056 <sup>(i)(j)</sup>  | 966 | 1001 |
| Uniform Mortgage-Backed Security 7.00% 2/1/2056 <sup>(i)(j)</sup>  | 4220 | 4418 |
| Uniform Mortgage-Backed Security 2.00% 3/1/2056 <sup>(i)(j)</sup>  | 46888 | 38025 |
| Uniform Mortgage-Backed Security 3.50% 3/1/2056 <sup>(i)(j)</sup>  | 20399 | 18847 |
| Uniform Mortgage-Backed Security 4.00% 3/1/2056 <sup>(i)(j)</sup>  | 33529 | 31990 |
| Uniform Mortgage-Backed Security 4.50% 3/1/2056 <sup>(i)(j)</sup>  | 21643 | 21179 |
|  |  | 845611 |
| **Commercial mortgage-backed securities 0.72%** |  |  |
| ALA Trust, Series 2025-OANA, Class A, (1-month USD CME Term SOFR + 1.743%) 5.423% 6/15/2040 <sup>(d)(i)(k)</sup>  | 7860 | 7936 |
| AMSR Trust, Series 2025-SFR1, Class A, 3.655% 6/17/2042 <sup>(d)(i)</sup>  | 8151 | 7849 |
| Bank Commercial Mortgage Trust, Series 2025-5YR14, Class AS, 6.072% 4/15/2058 <sup>(i)(k)</sup>  | 4532 | 4732 |
| BMO Mortgage Trust, Series 2024-5C8, Class AS, 5.94% 12/15/2057 <sup>(i)(k)</sup>  | 3360 | 3496 |
| BX Trust, Series 2025-BIO3, Class A, 6.138% 2/10/2042 <sup>(d)(i)</sup>  | 4650 | 4759 |
| BX Trust, Series 2025-ARIA, Class A, 5.12% 12/13/2042 <sup>(d)(i)(k)</sup>  | 22445 | 22849 |
| BX Trust, Series 2025-VOLT, Class A, (1-month USD CME Term SOFR + 1.70%) 5.38% 12/15/2044 <sup>(d)(i)(k)</sup>  | 27300 | 27474 |
| BX Trust, Series 2025-VOLT, Class D, (1-month USD CME Term SOFR + 2.75%) 6.43% 12/15/2044 <sup>(d)(i)(k)</sup>  | 11973 | 12050 |
| Citigroup Commercial Mortgage Trust, Series 2023-PRM3, Class A, 6.36% 7/10/2028 <sup>(d)(i)(k)</sup>  | 5765 | 5990 |
| Citigroup Commercial Mortgage Trust, Series 2023-SMRT, Class A, 6.015% 10/12/2040 <sup>(d)(i)(k)</sup>  | 8811 | 9073 |
| Durst Commercial Mortgage Trust, Series 2025-151, Class A, 5.317% 8/10/2042 <sup>(d)(i)(k)</sup>  | 9024 | 9228 |
| Ellington Financial Mortgage Trust, Series 2026-NQM1, Class A1, 4.771% 2/25/2071 <sup>(d)(i)(k)</sup>  | 19152 | 19152 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Extended Stay America Trust, Series 2025-ESH, Class A, (1-month USD CME Term SOFR + 1.30%) 4.98% <br> 10/15/2042 <sup>(d)(i)(k)</sup>  | 3482 | 3502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fontainebleau Miami Beach Trust, Series 2024-FBLU, Class A, (1-month USD CME Term SOFR + 1.45%) 5.13% <br> 12/15/2039 <sup>(d)(i)(k)</sup>  | 1506 | 1512 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hawaii Hotel Trust, Series 2025-MAUI, Class A, (1-month USD CME Term SOFR + 1.393%) 5.073% <br>3/15/2042 <sup>(d)(i)(k)</sup>  | 5501 | 5515 |
| Houston Galleria Mall Trust, Series 2025-HGLR, Class A, 5.462% 2/5/2045 <sup>(d)(i)(k)</sup>  | 5233 | 5448 |
| HTL Commercial Mortgage Trust, Series 2024-T53, Class A, 5.876% 5/10/2039 <sup>(d)(i)(k)</sup>  | 4481 | 4540 |
| Hudson Yards Mortgage Trust, Series 2025-SPRL, Class A, 5.467% 1/13/2040 <sup>(d)(i)(k)</sup>  | 8259 | 8567 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; INTOWN Mortgage Trust, Series 2025-STAY, Class A, (1-month USD CME Term SOFR + 1.35%) 5.03% <br>3/15/2042 <sup>(d)(i)(k)</sup>  | 18906 | 18953 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; KSL Commercial Mortgage Trust, Series 2024-HT2, Class A, (1-month USD CME Term SOFR + 1.542%) 5.223% <br> 12/15/2039 <sup>(d)(i)(k)</sup>  | 8878 | 8890 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Multifamily Connecticut Avenue Securities, Series 2024-01, Class M7, (30-day Average USD-SOFR + 2.75%) <br> 6.447% 7/25/2054 <sup>(d)(i)(k)</sup>  | 3288 | 3333 |

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American Funds Global Balanced Fund — Page 20 of 33

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Mortgage-backed obligations (continued)**<br> **Commercial mortgage-backed securities (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Multifamily Connecticut Avenue Securities, Series 2025-01, Class M1, (30-day Average USD-SOFR + 2.40%) <br> 6.097% 5/25/2055 <sup>(d)(i)(k)</sup>  | USD1,987 | $2021 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Multifamily Connecticut Avenue Securities, Series 2025-01, Class M2, (30-day Average USD-SOFR + 3.10%) <br> 6.797% 5/25/2055 <sup>(d)(i)(k)</sup>  | 1779 | 1781 |
| NYC Commercial Mortgage Trust, Series 2025-28L, Class A, 4.668% 11/5/2038 <sup>(d)(i)(k)</sup>  | 8497 | 8544 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SWCH Commercial Mortgage Trust, Series 2025-DATA, Class A, (1-month USD CME Term SOFR + 1.443%) <br> 5.123% 2/15/2042 <sup>(d)(i)(k)</sup>  | 18578 | 18472 |
|  |  | 225666 |
| **Collateralized mortgage-backed obligations (privately originated) 0.47%** |  |  |
| BRAVO Residential Funding Trust, Series 2025-NQM5, Class A1, 5.496% 2/25/2065 (6.496% on 5/1/2027) <sup>(d)(f)(i)</sup>  | 6445 | 6513 |
| Cascade Funding Mortgage Trust, Series 2024-HB15, Class A, 4.00% 8/25/2034 <sup>(d)(i)(k)</sup>  | 4178 | 4171 |
| CIM Trust, Series 2025-R1, Class A1, 5.00% 2/25/2099 (8.00% on 3/1/2028) <sup>(d)(f)(i)</sup>  | 2153 | 2158 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Series 2023-R04, Class 1M1, (30-day Average USD-SOFR + 2.30%) 5.997% <br> 5/25/2043 <sup>(d)(i)(k)</sup>  | 7099 | 7256 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Series 2023-R05, Class 1M1, (30-day Average USD-SOFR + 1.90%) 5.597% <br> 6/25/2043 <sup>(d)(i)(k)</sup>  | 3479 | 3509 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Series 2023-R06, Class 1M1, (30-day Average USD-SOFR + 1.70%) 5.397% <br> 7/25/2043 <sup>(d)(i)(k)</sup>  | 2222 | 2232 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Series 2024-R01, Class 1M2, (30-day Average USD-SOFR + 1.80%) 5.497% <br> 1/25/2044 <sup>(d)(i)(k)</sup>  | 3943 | 3990 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Series 2024-R04, Class 1M1, (30-day Average USD-SOFR + 1.10%) 4.797% <br> 5/25/2044 <sup>(d)(i)(k)</sup>  | 2008 | 2009 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Series 2024-R04, Class 1M2, (30-day Average USD-SOFR + 1.65%) 5.347% <br> 5/25/2044 <sup>(d)(i)(k)</sup>  | 8122 | 8158 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Series 2025-R01, Class 1A1, (30-day Average USD-SOFR + 0.95%) 4.647% <br> 1/25/2045 <sup>(d)(i)(k)</sup>  | 3872 | 3876 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Series 2025-R02, Class 1A1, (30-day Average USD-SOFR + 1.00%) 4.697% <br> 2/25/2045 <sup>(d)(i)(k)</sup>  | 1293 | 1294 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Series 2025-R02, Class 1M1, (30-day Average USD-SOFR + 1.15%) 4.847% <br> 2/25/2045 <sup>(d)(i)(k)</sup>  | 1987 | 1990 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Series 2025-R04, Class 1M1, (30-day Average USD-SOFR + 1.20%) 4.897% <br> 5/25/2045 <sup>(d)(i)(k)</sup>  | 1634 | 1638 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2025-DNA1, Class A1, (30-day Average <br> USD-SOFR + 0.95%) 4.647% 1/25/2045 <sup>(d)(i)(k)</sup>  | 1402 | 1405 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2025-DNA2, Class A1, (30-day Average <br> USD-SOFR + 1.10%) 4.797% 5/25/2045 <sup>(d)(i)(k)</sup>  | 1485 | 1489 |
| GCAT Trust, Series 2024-NQM2, Class A1, 6.085% 6/25/2059 (7.359% on 5/1/2028) <sup>(d)(f)(i)</sup>  | 12356 | 12524 |
| MFRA Trust, Series 2024-NQM3, Class A1, 5.722% 12/25/2069 (6.722% on 12/1/2028) <sup>(d)(f)(i)</sup>  | 3174 | 3215 |
| MFRA Trust, Series 2025-NQM3, Class A1, 5.261% 8/25/2070 (6.261% on 7/1/2029) <sup>(d)(f)(i)</sup>  | 5275 | 5319 |
| New York Mortgage Trust, Series 2024-CP1, Class A1, 3.75% 2/25/2068 <sup>(d)(i)(k)</sup>  | 3841 | 3614 |
| Onslow Bay Financial, LLC, Series 2024-NQM5, Class A1, 5.988% 1/25/2064 (6.988% on 3/1/2028) <sup>(d)(f)(i)</sup>  | 4597 | 4655 |
| Onslow Bay Financial, LLC, Series 2024-NQM7, Class A1, 6.243% 3/25/2064 (7.243% on 4/1/2028) <sup>(d)(f)(i)</sup>  | 8899 | 9025 |
| Onslow Bay Financial, LLC, Series 2025-NQM3, Class A1, 5.648% 12/1/2064 (6.648% on 2/1/2029) <sup>(d)(f)(i)</sup>  | 11132 | 11287 |
| Onslow Bay Financial, LLC, Series 2025-NQM1, Class A1, 5.547% 12/25/2064 (6.547% on 12/1/2028) <sup>(d)(f)(i)</sup>  | 6322 | 6396 |
| Progress Residential Trust, Series 2025-SFR3, Class A, 3.39% 7/17/2042 <sup>(d)(i)</sup>  | 2334 | 2224 |
| PRP Advisors, LLC, Series 2025-RPL3, Class A1, 3.25% 4/25/2055 (4.25% on 4/1/2028) <sup>(d)(f)(i)</sup>  | 978 | 952 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Starwood Mortgage Residential Trust, Series 2025-SFR5, Class A, (1-month USD CME Term SOFR + 1.45%) <br> 5.131% 2/17/2042 <sup>(d)(i)(k)</sup>  | 624 | 625 |
| Tricon Residential Trust, Series 2023-SFR1, Class B, 5.10% 7/17/2040 <sup>(d)(i)</sup>  | 1635 | 1641 |
| Tricon Residential Trust, Series 2023-SFR1, Class C, 5.10% 7/17/2040 <sup>(d)(i)</sup>  | 425 | 426 |
| Tricon Residential Trust, Series 2024-SFR4, Class A, 4.30% 11/17/2041 <sup>(d)(i)</sup>  | 4627 | 4594 |
| Verus Securitization Trust, Series 2026-R1, Class A1, 4.832% 10/25/2067 (5.832% on 1/1/2030) <sup>(d)(f)(i)</sup>  | 3239 | 3246 |
| Verus Securitization Trust, Series 2024-4, Class A1, 6.218% 6/25/2069 (7.218% on 5/1/2028) <sup>(d)(f)(i)</sup>  | 12473 | 12660 |

---

American Funds Global Balanced Fund — Page 21 of 33

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Mortgage-backed obligations (continued)**<br> **Collateralized mortgage-backed obligations (privately originated) (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Verus Securitization Trust, Series 2024-4, Class A2, 6.572% 6/25/2069 (7.572% on 5/1/2028) <sup>(d)(f)(i)</sup>  | USD5,599 | $5688 |
| Verus Securitization Trust, Series 2024-9, Class A1, 5.438% 11/25/2069 <sup>(d)(i)(k)</sup>  | 2231 | 2254 |
| Verus Securitization Trust, Series 2025-7, Class A1, 5.129% 8/25/2070 (6.129% on 8/1/2029) <sup>(d)(f)(i)</sup>  | 7586 | 7643 |
|  |  | 149676 |
| **Other mortgage-backed securities 0.16%** |  |  |
| Nykredit Realkredit AS, Series 01E, 2.00% 10/1/2037 <sup>(i)</sup>  | DKK11,863 | 1817 |
| Nykredit Realkredit AS, Series 01E, 1.50% 10/1/2040 <sup>(i)</sup>  | 121245 | 17548 |
| Nykredit Realkredit AS, Series 01E, 0.50% 10/1/2043 <sup>(i)</sup>  | 148474 | 19475 |
| Nykredit Realkredit AS, Series CCE, 1.00% 10/1/2050 <sup>(i)</sup>  | 43833 | 5419 |
| Nykredit Realkredit AS, Series 01E, 1.00% 10/1/2053 <sup>(i)</sup>  | 45262 | 5570 |
| Realkredit Danmark AS 1.00% 10/1/2053 <sup>(i)</sup>  | 12286 | 1512 |
|  |  | 51341 |
| **Total mortgage-backed obligations** |  | 1272294 |
| **Asset-backed obligations 0.43%**<br> **Other asset-backed securities 0.23%**<br>|  |  |
| APL Finance, LLC, Series 2025-1A, Class A, 4.81% 3/20/2036 <sup>(d)(i)</sup> <br>| USD2,370 | 2377 |
| Apollo Aviation Securitization Equity Trust, Series 2025-3A, Class A, 5.243% 2/16/2050 <sup>(d)(i)</sup> <br>| 21419 | 21550 |
| Apollo Aviation Securitization Equity Trust, Series 2025-2A, Class A, 5.522% 2/16/2050 <sup>(d)(i)</sup> <br>| 4868 | 4923 |
| Apollo Aviation Securitization Equity Trust, Series 2025-1A, Class A, 5.943% 2/16/2050 <sup>(d)(i)</sup> <br>| 1523 | 1556 |
| Castlelake Aircraft Securitization Trust, Series 2025-1A, Class A, 5.783% 2/15/2050 <sup>(d)(i)</sup> <br>| 2138 | 2173 |
| CF Hippolyta, LLC, Series 2020-1, Class A1, 1.69% 7/15/2060 <sup>(d)(i)</sup> <br>| 2837 | 2407 |
| GCI Funding I, LLC, Series 2021-1, Class A, 2.38% 6/18/2046 <sup>(d)(i)</sup> <br>| 3562 | 3334 |
| MMP Capital, Series 2025-A, Class A, 5.36% 12/15/2031 <sup>(d)(i)</sup> <br>| 363 | 367 |
| NMEF Funding, LLC, Series 2025-A, Class A2, 4.72% 7/15/2032 <sup>(d)(i)</sup> <br>| 2453 | 2463 |
| OnDeck Asset Securitization Trust, LLC, Series 2024-1, Class A, 6.27% 6/17/2031 <sup>(d)(i)</sup> <br>| 13966 | 14139 |
| OnDeck Asset Securitization Trust, LLC, Series 2024-1, Class B, 7.15% 6/17/2031 <sup>(d)(i)</sup> <br>| 3554 | 3597 |
| PEAC Solutions Receivables, LLC, Series 2025-1A, Class A2, 4.94% 10/20/2028 <sup>(d)(i)</sup> <br>| 2706 | 2723 |
| SCF Equipment Trust, LLC, Series 2025-1A, Class A3, 5.11% 11/21/2033 <sup>(d)(i)</sup> <br>| 7677 | 7861 |
| U.S. Bank National Assn., Series 2025-SUP1, Class B, 5.582% 2/25/2032 <sup>(d)(i)</sup> <br>| 2590 | 2615 |
|  |  | 72085 |
| **Credit card 0.09%** |  |  |
| Evergreen Credit Card Trust, Series 2025-CRT5, Class B, 5.24% 5/15/2029 <sup>(d)(i)</sup> <br>| 359 | 364 |
| Imprint Payments Credit Card Master Trust, Series 2025-A, Class A, 4.84% 9/15/2029 <sup>(d)(i)</sup> <br>| 5458 | 5471 |
| Mission Lane Credit Card Master Trust, Series 2024-A, Class A1, 6.20% 8/15/2029 <sup>(d)(i)</sup> <br>| 7757 | 7795 |
| Mission Lane Credit Card Master Trust, Series 2024-A, Class B, 6.59% 8/15/2029 <sup>(d)(i)</sup> <br>| 3831 | 3846 |
| Mission Lane Credit Card Master Trust, Series 2025-C, Class A, 4.78% 12/16/2030 <sup>(d)(i)</sup> <br>| 5374 | 5395 |
| Mission Lane Credit Card Master Trust, Series 2025-B, Class A, 5.06% 9/15/2031 <sup>(d)(i)</sup> <br>| 6029 | 6054 |
|  |  | 28925 |
| **Auto loan 0.09%** |  |  |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-2, Class A, 5.20% 10/20/2027 <sup>(d)(i)</sup> <br>| 8068 | 8109 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-6, Class A, 5.81% 12/20/2029 <sup>(d)(i)</sup> <br>| 7122 | 7417 |
| Hertz Vehicle Financing, LLC, Series 2025-1A, Class A, 4.91% 9/25/2029 <sup>(d)(i)</sup> <br>| 6128 | 6224 |
| Securitized Term Auto Receivables Trust, Series 2025-A, Class B, 5.038% 7/25/2031 <sup>(d)(i)</sup> <br>| 317 | 320 |
| Securitized Term Auto Receivables Trust, Series 2025-B, Class B, 4.925% 12/29/2032 <sup>(d)(i)</sup> <br>| 3101 | 3133 |
| Western Funding Auto Loan Trust, Series 2025-1, Class A, 4.75% 7/16/2035 <sup>(d)(i)</sup> <br>| 1622 | 1639 |
|  |  | 26842 |

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American Funds Global Balanced Fund — Page 22 of 33

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**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Asset-backed obligations (continued)**<br> **Student loan 0.01%**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SMB Private Education Loan Trust, Series 2023-C, Class A1B, (30-day Average USD-SOFR + 1.55%) <br> 5.257% 11/15/2052 <sup>(d)(i)(k)</sup> <br>| USD3,407 | $3444 |
| **Collateralized loan obligations 0.01%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Steele Creek CLO, Ltd., Series 2019-2A, Class ARR, (3-month USD CME Term SOFR + 1.00%) 4.672% <br> 7/15/2032 <sup>(d)(i)(k)</sup> <br>| 2952 | 2948 |
| **Total asset-backed obligations** |  | 134244 |
| **Federal agency bonds & notes 0.04%** |  |  |
| Bank Gospodarstwa Krajowego 5.75% 7/9/2034 <sup>(d)</sup>  | 200 | 210 |
| Export-Import Bank of Thailand 5.354% 5/16/2029  | 4920 | 5093 |
| Korea Development Bank 6.75% 7/1/2030  | INR549,000 | 5857 |
| Korea Electric Power Corp. 4.75% 2/13/2028 <sup>(d)</sup>  | USD605 | 614 |
|  |  | 11774 |
| **Municipals 0.02%**<br> **Ohio 0.01%**<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Turnpike and Infrastructure Commission, Turnpike Rev. Ref. Bonds (Infrastructure Projects), Series 2020-A, 3.216% <br> 2/15/2048  | 4090 | 3067 |
| **Texas 0.01%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grand Parkway Transportation Corp., Grand Parkway System Toll Rev. Ref. Bonds, Series 2020-B, 3.236% <br>10/1/2052  | 5670 | 3949 |
| **Total municipals** |  | 7016 |
| **Total bonds, notes & other debt instruments** (cost: $9,274,096,000) |  | 9012837 |
| Investment funds 1.16% | Shares |  |
| Capital Group Central Corporate Bond Fund <sup>(l)</sup> <br>| 43061990 | 365596 |
| **Total investment funds** (cost: $341,927,000) |  | 365596 |
| Short-term securities 6.78%<br> **Money market investments 6.78%**<br>|  |  |
| Capital Group Central Cash Fund 3.62% <sup>(l)(m)</sup>  | 21379977 | 2137998 |
| **Money market investments purchased with collateral from securities on loan 0.00%** |  |  |
| Capital Group Central Cash Fund 3.62% <sup>(l)(m)(n)</sup>  | 1752 | 175 |
| Invesco Short-Term Investments Trust – Government & Agency Portfolio, Institutional Class 3.61% <sup>(m)(n)</sup>  | 84739 | 85 |
| Dreyfus Treasury Obligations Cash Management, Institutional Shares 3.58% <sup>(m)(n)</sup>  | 66638 | 67 |
| Fidelity Investments Money Market Government Portfolio, Class I 3.57% <sup>(m)(n)</sup>  | 66638 | 67 |
| BlackRock Liquidity Funds – FedFund, Institutional Shares 3.57% <sup>(m)(n)</sup>  | 66638 | 66 |
| Morgan Stanley Institutional Liquidity Funds – Government Portfolio, Institutional Class 3.61% <sup>(m)(n)</sup>  | 53310 | 53 |
| RBC Funds Trust – U.S. Government Money Market Fund, RBC Institutional Class 1 3.64% <sup>(m)(n)</sup>  | 53310 | 53 |
| State Street Institutional U.S. Government Money Market Fund, Premier Class 3.65% <sup>(m)(n)</sup>  | 53310 | 53 |
| Goldman Sachs Financial Square Government Fund, Institutional Shares 3.55% <sup>(m)(n)</sup>  | 46646 | 47 |
|  |  | 666 |
| **Total short-term securities** (cost: $2,138,525,000) |  | 2138664 |

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American Funds Global Balanced Fund — Page 23 of 33

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**unaudited**

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| | |
|:---|:---|
| Options purchased (equity style) 0.00% | Value<br> (000)<br>|
| Options purchased (equity style)\* | $103 |
| **Total options purchased (equity style)** (cost: $698,000) | 103 |
| **Total investment securities 99.92%** (cost: $24,792,457,000) | 31513486 |
| Other assets less liabilities 0.08% | 25578 |
| **Net assets 100.00%** | $31539064 |

---

<sup>\*</sup>Options purchased (equity style)

------

**Options on foreign currencies** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Description | Counterparty | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration <br>date<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Exercise <br>price<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Notional <br>amount <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Value at <br>1/31/2026 <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| **Put** |  |  |  |  |  |
| PUT USD/JPY FX Option | BNP Paribas | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2/18/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; JPY147.00 | USD135,030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $103 |

---

Futures contracts

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Contracts | Type | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Number of <br>contracts<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration <br>date<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Notional <br>amount <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Value and <br>unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 1/31/2026 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| 3 Month CORRA Futures | Long | 6308 | 6/17/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; USD1,132,153 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $3910 |
| 3 Month CORRA Futures | Short | 5 | 9/16/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (898)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1 |
| 2 Year Italy Government Bond Futures | Long | 2986 | 3/10/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 380704 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 147 |
| 2 Year Euro-Schatz Futures | Short | 1217 | 3/10/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (154218)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)<br>|
| 2 Year Canadian Government Bond Futures | Long | 1201 | 3/31/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 93256 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (90)<br>|
| 2 Year U.S. Treasury Note Futures | Long | 6457 | 4/6/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1346234 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1749)<br>|
| 5 Year Euro-Bobl Futures | Short | 3069 | 3/10/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (424208)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1008)<br>|
| 5 Year Canadian Government Bond Futures | Long | 720 | 3/31/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 60010 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (424)<br>|
| 5 Year U.S. Treasury Note Futures | Long | 3273 | 4/6/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 356527 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (97)<br>|
| 10 Year French Government Bond Futures | Short | 17 | 3/10/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2457)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (10)<br>|
| 10 Year Italy Government Bond Futures | Short | 525 | 3/10/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (75368)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (231)<br>|
| 10 Year Euro-Bund Futures | Short | 550 | 3/10/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (83560)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (133)<br>|
| 10 Year Australian Treasury Bond Futures | Long | 1800 | 3/16/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 136814 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (540)<br>|
| 10 Year Japanese Government Bond Futures | Long | 181 | 3/23/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 153925 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (490)<br>|
| 10 Year U.S. Treasury Note Futures | Long | 1997 | 3/31/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 223321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1915)<br>|
| 10 Year UK Gilt Futures | Long | 460 | 3/31/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 57185 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 263 |
| 10 Year Ultra U.S. Treasury Note Futures | Short | 142 | 3/31/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (16210)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29 |
| 10 Year Canadian Government Bond Futures | Short | 443 | 3/31/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (39392)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 539 |
| 20 Year U.S. Treasury Bond Futures | Long | 1241 | 3/31/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 142870 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2355)<br>|
| 30 Year Euro-Buxl Futures | Short | 258 | 3/10/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (33604)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 753 |
| 30 Year Ultra U.S. Treasury Bond Futures | Long | 521 | 3/31/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 61185 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1448)<br>|
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(4851)<br>|

---

American Funds Global Balanced Fund — Page 24 of 33

------

**unaudited**

Forward currency contracts

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Contract amount | Contract amount | Contract amount | Contract amount | Counterparty | &nbsp;&nbsp;&nbsp; Settlement <br>date | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 1/31/2026 <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| Currency purchased <br>(000) | Currency purchased <br>(000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency sold <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency sold <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000) | Counterparty | &nbsp;&nbsp;&nbsp; Settlement <br>date | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 1/31/2026 <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| CAD | 26458 | USD | 19179 | Citibank | 2/6/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $257 |
| TRY | 888100 | USD | 20157 | Citibank | 2/6/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 153 |
| DKK | 37620 | EUR | 5036 | JPMorgan Chase | 2/6/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3 |
| EUR | 2049 | CAD | 3310 | Goldman Sachs | 2/6/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)<br>|
| GBP | 430 | USD | 591 | BNP Paribas | 2/6/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)<br>|
| EUR | 12027 | DKK | 89850 | JPMorgan Chase | 2/6/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6)<br>|
| USD | 4971 | DKK | 31849 | Citibank | 2/6/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (86)<br>|
| USD | 22402 | GBP | 16630 | Citibank | 2/6/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (353)<br>|
| USD | 78091 | CAD | 107727 | Citibank | 2/6/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1048)<br>|
| MYR | 228169 | USD | 56281 | Standard Chartered Bank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1626 |
| USD | 79512 | INR | 7183078 | HSBC Bank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1221 |
| AUD | 36720 | USD | 24594 | Goldman Sachs | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 975 |
| JPY | 4231230 | USD | 26741 | Goldman Sachs | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 622 |
| USD | 44945 | THB | 1405015 | JPMorgan Chase | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 404 |
| CLP | 39887355 | USD | 45242 | Citibank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 399 |
| USD | 142678 | KRW | 206409937 | BNP Paribas | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 356 |
| ZAR | 369987 | USD | 22539 | Goldman Sachs | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 348 |
| ZAR | 231860 | USD | 14023 | Barclays Bank PLC | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 320 |
| MYR | 47871 | USD | 11843 | HSBC Bank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 306 |
| MYR | 32029 | USD | 7919 | Standard Chartered Bank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 210 |
| MYR | 37081 | USD | 9227 | Standard Chartered Bank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 184 |
| ZAR | 224020 | USD | 13686 | Citibank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 171 |
| CLP | 10471560 | USD | 11845 | Goldman Sachs | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 137 |
| EUR | 5680 | USD | 6622 | HSBC Bank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 114 |
| MYR | 16014 | USD | 3968 | HSBC Bank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 96 |
| NZD | 2358 | USD | 1358 | HSBC Bank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 62 |
| AUD | 1640 | USD | 1098 | Goldman Sachs | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 44 |
| JPY | 196270 | USD | 1239 | HSBC Bank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30 |
| KRW | 3354810 | USD | 2290 | Citibank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23 |
| USD | 28862 | IDR | 483781236 | Bank of America | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18 |
| MYR | 2710 | USD | 670 | BNP Paribas | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18 |
| AUD | 6590 | USD | 4573 | Citibank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16 |
| USD | 30023 | MYR | 118245 | Standard Chartered Bank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13 |
| CNH | 77510 | USD | 11131 | BNP Paribas | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11 |
| MYR | 1488 | USD | 368 | Standard Chartered Bank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10 |
| MYR | 1724 | USD | 429 | Standard Chartered Bank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9 |
| ZAR | 9980 | USD | 610 | Citibank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8 |
| GBP | 1564 | EUR | 1800 | Morgan Stanley | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6 |
| JPY | 84575 | USD | 541 | Morgan Stanley | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6 |
| CNH | 14141 | USD | 2028 | BNP Paribas | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5 |
| MYR | 744 | USD | 184 | HSBC Bank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4 |
| TRY | 25445 | USD | 577 | HSBC Bank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4 |
| PLN | 166 | USD | 46 | Citibank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1 |
| USD | 117 | THB | 3679 | Goldman Sachs | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1 |
| JPY | 1504690 | USD | 9727 | JPMorgan Chase | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — <br><sup>(o)</sup><br>|
| MYR | 610 | USD | 155 | Standard Chartered Bank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — <br><sup>(o)</sup><br>|
| EUR | 379 | PLN | 1600 | BNP Paribas | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)<br>|
| USD | 12320 | CNH | 85793 | BNP Paribas | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (12)<br>|
| JPY | 192380 | USD | 1259 | Morgan Stanley | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (14)<br>|
| THB | 68983 | USD | 2223 | Goldman Sachs | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (36)<br>|
| EUR | 19906 | GBP | 17280 | HSBC Bank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (38)<br>|

---

American Funds Global Balanced Fund — Page 25 of 33

------

**unaudited**

Forward currency contracts (continued)

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Contract amount | Contract amount | Contract amount | Contract amount | Counterparty | &nbsp;&nbsp;&nbsp; Settlement<br> date | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized<br> appreciation<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(depreciation)<br> at 1/31/2026<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| Currency <br> purchased<br> (000) | Currency <br> purchased<br> (000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency sold<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency sold<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000) | Counterparty | &nbsp;&nbsp;&nbsp; Settlement<br> date | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized<br> appreciation<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(depreciation)<br> at 1/31/2026<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| INR | 246930 | USD | 2730 | Goldman Sachs | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(39)<br>|
| USD | 1671 | AUD | 2456 | Citibank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (40)<br>|
| USD | 1347 | AUD | 1994 | Citibank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (41)<br>|
| EUR | 37119 | GBP | 32200 | Citibank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (41)<br>|
| EUR | 15400 | USD | 18315 | BNP Paribas | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (52)<br>|
| EUR | 23982 | CAD | 38790 | HSBC Bank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (59)<br>|
| USD | 4095 | RON | 17875 | Citibank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (62)<br>|
| USD | 3844 | PLN | 13880 | Citibank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (63)<br>|
| USD | 7884 | SGD | 10110 | HSBC Bank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (69)<br>|
| CZK | 911310 | EUR | 37490 | Bank of America | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (74)<br>|
| USD | 4757 | COP | 17926120 | Morgan Stanley | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (83)<br>|
| EUR | 25130 | GBP | 21850 | UBS AG | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (96)<br>|
| USD | 7264 | JPY | 1149595 | JPMorgan Chase | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (170)<br>|
| USD | 3576 | NOK | 36100 | Citibank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (172)<br>|
| USD | 6196 | SEK | 56939 | Bank of America | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (199)<br>|
| USD | 7240 | MXN | 130447 | Goldman Sachs | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (218)<br>|
| USD | 7832 | MXN | 141310 | Citibank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (247)<br>|
| JPY | 3484490 | USD | 22795 | Morgan Stanley | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (261)<br>|
| USD | 27423 | CZK | 569654 | HSBC Bank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (322)<br>|
| USD | 277866 | CNH | 1937408 | BNP Paribas | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (632)<br>|
| THB | 1339710 | USD | 43199 | JPMorgan Chase | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (729)<br>|
| USD | 40694 | AUD | 59490 | Citibank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (731)<br>|
| USD | 27823 | AUD | 41180 | Citibank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (853)<br>|
| USD | 38059 | AUD | 55950 | Citibank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (901)<br>|
| USD | 45335 | CHF | 36000 | Bank of America | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1281)<br>|
| USD | 77059 | EUR | 66180 | Morgan Stanley | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1424)<br>|
| USD | 49990 | MXN | 900605 | Citibank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1500)<br>|
| USD | 61798 | MYR | 250195 | JPMorgan Chase | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1699)<br>|
| USD | 387230 | JPY | 60517244 | Morgan Stanley | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4133)<br>|
| USD | 156170 | HUF | 51626461 | Goldman Sachs | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4144)<br>|
| USD | 123719 | AUD | 184675 | Citibank | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4877)<br>|
| USD | 477334 | EUR | 407623 | Goldman Sachs | 2/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6064)<br>|
| JPY | 61709 | USD | 399 | JPMorgan Chase | 2/10/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — <br><sup>(o)</sup><br>|
| USD | 114 | JPY | 18000 | JPMorgan Chase | 2/10/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)<br>|
| USD | 111258 | BRL | 605043 | Goldman Sachs | 2/10/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3404)<br>|
| USD | 190400 | JPY | 30209872 | Citibank | 2/10/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4982)<br>|
| GBP | 63420 | USD | 85293 | HSBC Bank | 2/11/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1486 |
| USD | 174272 | GBP | 129580 | HSBC Bank | 2/11/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3036)<br>|
| USD | 274 | EUR | 235 | BNP Paribas | 2/13/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5)<br>|
| USD | 5578 | ILS | 17590 | HSBC Bank | 2/13/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (97)<br>|
| USD | 5902 | EUR | 5060 | BNP Paribas | 2/13/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (99)<br>|
| GBP | 28819 | EUR | 33040 | Morgan Stanley | 2/20/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 232 |
| EUR | 780 | USD | 928 | Bank of America | 2/20/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)<br>|
| GBP | 17665 | USD | 24315 | BNP Paribas | 2/20/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (144)<br>|
| USD | 131832 | GBP | 97961 | Citibank | 2/20/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2210)<br>|
| USD | 210828 | EUR | 180691 | Citibank | 2/20/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3554)<br>|
| USD | 181833 | EUR | 154850 | Bank of New York Mellon | 2/23/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1914)<br>|
| BRL | 470560 | USD | 86722 | Citibank | 2/24/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2214 |
| USD | 51269 | BRL | 278189 | Citibank | 2/24/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1309)<br>|
| USD | 248015 | EUR | 212370 | Bank of America | 2/24/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3997)<br>|
| USD | 9811 | EUR | 8270 | JPMorgan Chase | 2/27/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — <br><sup>(o)</sup><br>|

---

American Funds Global Balanced Fund — Page 26 of 33

------

**unaudited**

Forward currency contracts (continued)

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Contract amount | Contract amount | Contract amount | Contract amount | Counterparty | &nbsp;&nbsp;&nbsp; Settlement<br> date | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized<br> appreciation<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(depreciation)<br> at 1/31/2026<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| Currency <br> purchased<br> (000) | Currency <br> purchased<br> (000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency sold<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency sold<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000) | Counterparty | &nbsp;&nbsp;&nbsp; Settlement<br> date | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized<br> appreciation<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(depreciation)<br> at 1/31/2026<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| USD | 141236 | EUR | 120020 | Morgan Stanley | 2/27/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(1206)<br>|
| EUR | 62953 | USD | 74937 | Goldman Sachs | 3/2/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (212)<br>|
| USD | 60761 | EUR | 50726 | HSBC Bank | 3/3/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 547 |
| USD | 155 | MYR | 610 | Standard Chartered Bank | 3/3/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — <br><sup>(o)</sup><br>|
| MYR | 118245 | USD | 30040 | Standard Chartered Bank | 3/3/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (15)<br>|
| EUR | 615 | USD | 737 | UBS AG | 3/4/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7)<br>|
| EUR | 67820 | USD | 79808 | Morgan Stanley | 3/16/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 755 |
| EUR | 3200 | USD | 3766 | Morgan Stanley | 3/16/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 36 |
| USD | 443 | EUR | 373 | JPMorgan Chase | 3/16/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — <br><sup>(o)</sup><br>|
| USD | 14630 | EUR | 12465 | Goldman Sachs | 4/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (195)<br>|
| USD | 1011 | EUR | 860 | BNP Paribas | 4/27/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (13)<br>|
| USD | 22200 | EUR | 18885 | BNP Paribas | 4/27/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (277)<br>|
| ZAR | 370325 | USD | 22696 | UBS AG | 4/28/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 82 |
| ZAR | 16600 | USD | 1017 | UBS AG | 4/28/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4 |
| JPY | 456933 | EUR | 2510 | Goldman Sachs | 4/30/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (12)<br>|
| JPY | 10138086 | EUR | 55690 | Goldman Sachs | 4/30/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (263)<br>|
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(46283)<br>|

---

Swap contracts

------

**Interest rate swaps**

**Centrally cleared interest rate swaps** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive | Receive | Pay | Pay | &nbsp;&nbsp; Expiration <br>date | &nbsp;&nbsp;&nbsp; Notional <br>amount <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp; Value at <br>1/31/2026 <br>(000) | &nbsp;&nbsp; Upfront <br>premium <br>paid <br>(received) <br>(000) | &nbsp;&nbsp; Unrealized <br>appreciation <br>(depreciation) <br>at 1/31/2026 <br>(000) |
| Rate | &nbsp;&nbsp;&nbsp; Payment <br>frequency<br>| Rate | &nbsp;&nbsp;&nbsp; Payment <br>frequency<br>| &nbsp;&nbsp; Expiration <br>date | &nbsp;&nbsp;&nbsp; Notional <br>amount <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp; Value at <br>1/31/2026 <br>(000) | &nbsp;&nbsp; Upfront <br>premium <br>paid <br>(received) <br>(000) | &nbsp;&nbsp; Unrealized <br>appreciation <br>(depreciation) <br>at 1/31/2026 <br>(000) |
| 3.5175% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp; 8/15/2027 | USD3,123 | &nbsp;&nbsp;&nbsp; $6 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $6 |
| SOFR | Annual | 3.4925% | Annual | &nbsp;&nbsp;&nbsp; 8/19/2027 | 558195 | &nbsp;&nbsp;&nbsp; (806)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (806)<br>|
| SOFR | Annual | 3.3395% | Annual | &nbsp;&nbsp;&nbsp; 9/23/2027 | 570080 | &nbsp;&nbsp;&nbsp; 437 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 437 |
| 3.968% | Annual | SONIA | Annual | &nbsp;&nbsp;&nbsp; 2/16/2029 | GBP1,395 | &nbsp;&nbsp;&nbsp; 19 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 19 |
| SOFR | Annual | 3.29015% | Annual | &nbsp;&nbsp;&nbsp; 1/13/2030 | USD180,750 | &nbsp;&nbsp;&nbsp; 1080 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 1080 |
| 6-month EURIBOR | Semi-annual | 2.2562% | Annual | &nbsp;&nbsp;&nbsp; 3/5/2030 | EUR19,780 | &nbsp;&nbsp;&nbsp; 156 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 156 |
| 6-month EURIBOR | Semi-annual | 2.2577% | Annual | &nbsp;&nbsp;&nbsp; 3/5/2030 | 19780 | &nbsp;&nbsp;&nbsp; 155 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 155 |
| 6-month EURIBOR | Semi-annual | 2.2592% | Annual | &nbsp;&nbsp;&nbsp; 3/5/2030 | 19780 | &nbsp;&nbsp;&nbsp; 153 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 153 |
| 3.924% | Annual | 6-month NOK-NIBOR | Semi-annual | &nbsp;&nbsp;&nbsp; 3/5/2030 | NOK114,234 | &nbsp;&nbsp;&nbsp; (95)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (95)<br>|
| 3.92% | Annual | 6-month NOK-NIBOR | Semi-annual | &nbsp;&nbsp;&nbsp; 3/5/2030 | 114247 | &nbsp;&nbsp;&nbsp; (97)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (97)<br>|
| 3.925% | Annual | 6-month NOK-NIBOR | Semi-annual | &nbsp;&nbsp;&nbsp; 3/5/2030 | 126690 | &nbsp;&nbsp;&nbsp; (105)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (105)<br>|
| 6-month EURIBOR | Semi-annual | 2.1912% | Annual | &nbsp;&nbsp;&nbsp; 3/6/2030 | EUR18,390 | &nbsp;&nbsp;&nbsp; 200 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 200 |
| 3.825% | Annual | 6-month NOK-NIBOR | Semi-annual | &nbsp;&nbsp;&nbsp; 3/6/2030 | NOK114,719 | &nbsp;&nbsp;&nbsp; (140)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (140)<br>|
| 4.165% | Annual | 6-month NOK-NIBOR | Semi-annual | &nbsp;&nbsp;&nbsp; 3/24/2030 | 52384 | &nbsp;&nbsp;&nbsp; 6 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 6 |
| 4.1703% | Annual | 6-month NOK-NIBOR | Semi-annual | &nbsp;&nbsp;&nbsp; 3/24/2030 | 31646 | &nbsp;&nbsp;&nbsp; 4 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 4 |
| 4.162% | Annual | 6-month NOK-NIBOR | Semi-annual | &nbsp;&nbsp;&nbsp; 3/24/2030 | 31653 | &nbsp;&nbsp;&nbsp; 3 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 3 |
| 4.165% | Annual | 6-month NOK-NIBOR | Semi-annual | &nbsp;&nbsp;&nbsp; 3/25/2030 | 116134 | &nbsp;&nbsp;&nbsp; 13 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 13 |
| 6-month NOK-NIBOR | Semi-annual | 3.99% | Annual | &nbsp;&nbsp;&nbsp; 9/22/2030 | 169000 | &nbsp;&nbsp;&nbsp; 114 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 114 |
| 6-month NOK-NIBOR | Semi-annual | 4.08% | Annual | &nbsp;&nbsp;&nbsp; 9/23/2030 | 167360 | &nbsp;&nbsp;&nbsp; 47 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 47 |
| 6-month NOK-NIBOR | Semi-annual | 4.095% | Annual | &nbsp;&nbsp;&nbsp; 9/23/2030 | 167330 | &nbsp;&nbsp;&nbsp; 36 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 36 |
| 6-month NOK-NIBOR | Semi-annual | 4.09% | Annual | &nbsp;&nbsp;&nbsp; 9/23/2030 | 85166 | &nbsp;&nbsp;&nbsp; 20 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 20 |
| 2.518% | Annual | 6-month EURIBOR | Semi-annual | &nbsp;&nbsp;&nbsp; 10/10/2030 | EUR456,120 | &nbsp;&nbsp;&nbsp; 711 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 711 |
| 2.5293% | Annual | 6-month EURIBOR | Semi-annual | &nbsp;&nbsp;&nbsp; 10/10/2030 | 221370 | &nbsp;&nbsp;&nbsp; 473 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 473 |

---

American Funds Global Balanced Fund — Page 27 of 33

------

**unaudited**

Swap contracts (continued)

------

**Interest rate swaps (continued)**

**Centrally cleared interest rate swaps (continued)**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive | Receive | Pay | Pay | &nbsp;&nbsp; Expiration<br> date | &nbsp;&nbsp;&nbsp; Notional<br> amount<br> &nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp; Value at<br> 1/31/2026<br> (000) | &nbsp;&nbsp; Upfront<br> premium<br> paid<br> (received)<br> (000) | &nbsp;&nbsp; Unrealized<br> appreciation<br> (depreciation)<br> at 1/31/2026<br> (000) |
| Rate | &nbsp;&nbsp;&nbsp; Payment<br> frequency<br>| Rate | &nbsp;&nbsp;&nbsp; Payment<br> frequency<br>| &nbsp;&nbsp; Expiration<br> date | &nbsp;&nbsp;&nbsp; Notional<br> amount<br> &nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp; Value at<br> 1/31/2026<br> (000) | &nbsp;&nbsp; Upfront<br> premium<br> paid<br> (received)<br> (000) | &nbsp;&nbsp; Unrealized<br> appreciation<br> (depreciation)<br> at 1/31/2026<br> (000) |
| SOFR | Annual | 3.507% | Annual | &nbsp;&nbsp;&nbsp; 1/14/2031 | USD252,020 | &nbsp;&nbsp;&nbsp; $173 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $173 |
| SONIA | Annual | 4.34948% | Annual | &nbsp;&nbsp;&nbsp; 6/21/2033 | GBP748 | &nbsp;&nbsp;&nbsp; (26)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (26)<br>|
| SONIA | Annual | 4.36738% | Annual | &nbsp;&nbsp;&nbsp; 6/21/2033 | 1982 | &nbsp;&nbsp;&nbsp; (73)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (73)<br>|
| 2.8878% | Annual | 6-month EURIBOR | Semi-annual | &nbsp;&nbsp;&nbsp; 1/13/2036 | EUR21,840 | &nbsp;&nbsp;&nbsp; 67 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 67 |
| 2.8803% | Annual | 6-month EURIBOR | Semi-annual | &nbsp;&nbsp;&nbsp; 1/13/2036 | 21860 | &nbsp;&nbsp;&nbsp; 50 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 50 |
| 2.8698% | Annual | 6-month EURIBOR | Semi-annual | &nbsp;&nbsp;&nbsp; 1/13/2036 | 21870 | &nbsp;&nbsp;&nbsp; 27 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 27 |
| 3-month SEK-STIBOR | Quarterly | 2.936% | Annual | &nbsp;&nbsp;&nbsp; 1/13/2036 | SEK231,560 | &nbsp;&nbsp;&nbsp; (137)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (137)<br>|
| 3-month SEK-STIBOR | Quarterly | 2.946% | Annual | &nbsp;&nbsp;&nbsp; 1/13/2036 | 231620 | &nbsp;&nbsp;&nbsp; (160)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (160)<br>|
| 3-month SEK-STIBOR | Quarterly | 2.957% | Annual | &nbsp;&nbsp;&nbsp; 1/13/2036 | 231520 | &nbsp;&nbsp;&nbsp; (185)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (185)<br>|
| SOFR | Annual | 3.825% | Annual | &nbsp;&nbsp;&nbsp; 1/14/2036 | USD139,130 | &nbsp;&nbsp;&nbsp; 306 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 306 |
| 2.8663% | Annual | 6-month EURIBOR | Semi-annual | &nbsp;&nbsp;&nbsp; 1/14/2036 | EUR24,873 | &nbsp;&nbsp;&nbsp; 20 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 20 |
| 2.8563% | Annual | 6-month EURIBOR | Semi-annual | &nbsp;&nbsp;&nbsp; 1/14/2036 | 24600 | &nbsp;&nbsp;&nbsp; (6)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (6)<br>|
| 3-month SEK-STIBOR | Quarterly | 2.924% | Annual | &nbsp;&nbsp;&nbsp; 1/14/2036 | SEK262,100 | &nbsp;&nbsp;&nbsp; (124)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (124)<br>|
| 3-month SEK-STIBOR | Quarterly | 2.929% | Annual | &nbsp;&nbsp;&nbsp; 1/14/2036 | 261909 | &nbsp;&nbsp;&nbsp; (137)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (137)<br>|
| SONIA | Annual | 3.9322% | Annual | &nbsp;&nbsp;&nbsp; 2/16/2054 | GBP310 | &nbsp;&nbsp;&nbsp; 45 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 45 |
| 6-month EURIBOR | Semi-annual | 2.8972% | Annual | &nbsp;&nbsp;&nbsp; 9/11/2055 | EUR12,220 | &nbsp;&nbsp;&nbsp; 768 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 768 |
| SOFR | Annual | 3.9305% | Annual | &nbsp;&nbsp;&nbsp; 9/23/2055 | USD62,820 | &nbsp;&nbsp;&nbsp; 2908 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 2908 |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp; $5906 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $5906 |

---

**Bilateral interest rate swaps** 

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive | Receive | Pay | Pay | Counterparty | Expiration <br>date | Notional <br>amount <br>(000) | Value at <br>1/31/2026 <br>(000) | Upfront <br>premium <br>paid <br>(received) <br>(000) | Unrealized <br>appreciation <br>(depreciation) <br>at 1/31/2026 <br>(000) |
| Rate | Payment <br>frequency<br>| Rate | Payment <br>frequency<br>| Counterparty | Expiration <br>date | Notional <br>amount <br>(000) | Value at <br>1/31/2026 <br>(000) | Upfront <br>premium <br>paid <br>(received) <br>(000) | Unrealized <br>appreciation <br>(depreciation) <br>at 1/31/2026 <br>(000) |
| 13.995% | At maturity | BZDIOVER | At maturity | Barclays Bank <br> PLC<br>| 1/2/2029 | BRL390,495 | $2491 | $— | $2491 |
| 14.115% | At maturity | BZDIOVER | At maturity | Goldman Sachs | 1/2/2029 | 107430 | 780 |  | 780 |
| 14.05% | At maturity | BZDIOVER | At maturity | Barclays Bank <br> PLC<br>| 1/2/2029 | 74760 | 506 |  | 506 |
| 14.05% | At maturity | BZDIOVER | At maturity | Goldman Sachs | 1/2/2029 | 51955 | 352 |  | 352 |
| 12.1725% | At maturity | BZDIOVER | At maturity | Goldman Sachs | 1/2/2029 | 30439 | (214)<br>|  | (214)<br>|
| 12.005% | At maturity | BZDIOVER | At maturity | Goldman Sachs | 1/2/2029 | 49230 | (416)<br>|  | (416)<br>|
| 11.495% | At maturity | BZDIOVER | At maturity | Bank of America | 1/2/2029 | 148920 | (1874)<br>|  | (1874)<br>|
|  |  |  |  |  |  |  | $1625 | $— | $1625 |

---

**Credit default swaps** 

**Centrally cleared credit default swaps on credit indices — sell protection** 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| Reference <br>index<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financing <br>rate received<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payment <br>frequency<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration <br>date<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Notional <br>amount <sup>(p)</sup> <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Value at <br>1/31/2026 <sup>(q)</sup> <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Upfront <br>premium <br>paid <br>&nbsp;&nbsp;&nbsp;&nbsp;(received) <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 1/31/2026 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| CDX.NA.IG.45 | 1.00% | Quarterly | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12/20/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; USD<br> 349,501<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $7877 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $7982 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(105)<br>|
| ITRAXX.EUR.XO.44 | 5.00% | Quarterly | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12/20/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; EUR<br> 71,260<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9115 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9265 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (150)<br>|
| ITRAXX.EUR.44 | 1.00% | Quarterly | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12/20/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 269420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7391 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (231)<br>|
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $24152 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $24638 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(486)<br>|

---

American Funds Global Balanced Fund — Page 28 of 33

------

**unaudited**

Investments in affiliates <sup>(l)</sup>

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Value at <br>11/1/2025 <br>(000)<br>| Additions <br>(000)<br>| Reductions <br>(000)<br>| Net <br>realized <br>gain (loss) <br>(000)<br>| Net <br>unrealized <br>appreciation <br>(depreciation) <br>(000)<br>| Value at <br>1/31/2026 <br>(000)<br>| Dividend <br>or interest <br>income <br>(000)<br>|
| **Investment funds 1.16%** | **Investment funds 1.16%** | **Investment funds 1.16%** | **Investment funds 1.16%** | **Investment funds 1.16%** | **Investment funds 1.16%** | **Investment funds 1.16%** | **Investment funds 1.16%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital Group Central Corporate Bond Fund  | $363523 | &nbsp;&nbsp; $4216 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $(2143)<br>| &nbsp;&nbsp; $365596 | &nbsp;&nbsp; $4216 |
| **Short-term securities 6.78%** | **Short-term securities 6.78%** | **Short-term securities 6.78%** | **Short-term securities 6.78%** | **Short-term securities 6.78%** | **Short-term securities 6.78%** | **Short-term securities 6.78%** | **Short-term securities 6.78%** |
| **Money market investments 6.78%** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital Group Central Cash Fund 3.62% <sup>(m)</sup> <br>| 2585117 | &nbsp;&nbsp; 1629524 | &nbsp;&nbsp; 2076247 | &nbsp;&nbsp; 67 | &nbsp;&nbsp; (463)<br>| &nbsp;&nbsp; 2137998 | &nbsp;&nbsp; 22317 |
| **Money market investments purchased with collateral** <br>**from securities on loan 0.00%**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital Group Central Cash Fund 3.62% <sup>(m)(n)</sup> <br>| 33864 |  | &nbsp;&nbsp; 33689 <br><sup>(r)</sup><br>|  |  | &nbsp;&nbsp; 175 | &nbsp;&nbsp; — <br><sup>(s)</sup><br>|
| **Total short-term securities** |  |  |  |  |  | &nbsp;&nbsp; 2138173 |  |
| **Total 7.94%** |  |  |  | &nbsp;&nbsp; $67 | &nbsp;&nbsp; $(2606)<br>| &nbsp;&nbsp; $2503769 | &nbsp;&nbsp; $26533 |

---

Restricted securities <sup>(g)</sup>

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Acquisition <br>date(s)<br>| Cost <br>(000)<br>| Value <br>(000)<br>| Percent <br>of net <br>assets<br>|
| General Motors Financial Co., Inc. 3.70% 7/14/2031  | 1/28/2026-1/29/2026 | $11354 | $11228 | 0.04<br> %<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wells Fargo & Co. 3.90% 7/22/2032 (3-month EUR-EURIBOR + 1.22% <br> on 7/22/2031) <sup>(f)</sup> <br>| 12/4/2024 | 6761 | 7583 | 0.02 |
| McDonald's Corp. 1.60% 3/15/2031  | 9/30/2024-1/14/2026 | 5615 | 5980 | 0.02 |
| **Total** |  | $23730 | $24791 | 0.08<br> %<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> Non-income producing.

<sup>(b)</sup> All or a portion of this security was on loan. 

<sup>(c)</sup> Index-linked bond whose principal amount moves with a government price index. 

<sup>(d)</sup> Acquired in a transaction exempt from registration under Rule 144A or, for commercial paper, Section 4(a)(2) of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities was $753,213,000, which represented 2.39% of the net assets of the fund. 

<sup>(e)</sup> All or a portion of this security was pledged as collateral. The total value of pledged collateral was $160,673,000, which represented 0.51% of the net assets of the fund. 

<sup>(f)</sup> Step bond; coupon rate may change at a later date.

<sup>(g)</sup> Restricted security, other than Rule 144A securities or commercial paper issued pursuant to Section 4(a)(2) of the Securities Act of 1933.

<sup>(h)</sup> Payment in kind; the issuer has the option of paying additional securities in lieu of cash. Payment methods and rates are as of the most recent payment when available. 

<sup>(i)</sup> Principal payments may be made periodically. Therefore, the effective maturity date may be earlier than the stated maturity date.

<sup>(j)</sup> Represents securities transacted on a TBA basis.

<sup>(k)</sup> Coupon rate may change periodically. Reference rate and spread are as of the most recent information available. Some coupon rates are determined by the issuer or agent based on current market conditions; therefore, the reference rate and spread are not available. 

<sup>(l)</sup> Affiliate of the fund or part of the same "group of investment companies" as the fund, as defined under the Investment Company Act of 1940, as amended.

<sup>(m)</sup> Rate represents the seven-day yield at 1/31/2026.

<sup>(n)</sup> Security purchased with cash collateral from securities on loan. 

<sup>(o)</sup> Amount less than one thousand.

<sup>(p)</sup> The maximum potential amount the fund may pay as a protection seller should a credit event occur.

<sup>(q)</sup> The prices and resulting values for credit default swap indices serve as an indicator of the current status of the payment/performance risk. As the value of a sell protection credit default swap increases or decreases, when compared to the notional amount of the swap, the payment/performance risk may decrease or increase, respectively. 

<sup>(r)</sup> Represents net activity. 

<sup>(s)</sup> Dividend income is included with securities lending income and is not shown in this table.

American Funds Global Balanced Fund — Page 29 of 33

------

**unaudited**

Valuation disclosures

------

Capital Research and Management Company ("CRMC"), the fund's investment adviser, values the fund's investments at fair value as defined by accounting principles generally accepted in the United States of America. The net asset value per share is calculated once daily as of the close of regular trading on the New York Stock Exchange, normally 4 p.m. New York time, each day the New York Stock Exchange is open. Security transactions are recorded by the fund as of the date the trades are executed with brokers. Assets and liabilities, including investment securities, denominated in currencies other than U.S. dollars are translated into U.S. dollars at the exchange rates supplied by one or more pricing vendors on the valuation date.

**Methods and inputs** — The fund's investment adviser uses the following methods and inputs to establish the fair value of the fund's assets and liabilities. Use of particular methods and inputs may vary over time based on availability and relevance as market and economic conditions evolve.

Equity securities, including depositary receipts, are generally valued at the official closing price of, or the last reported sale price on, the exchange or market on which such securities are traded, as of the close of business on the day the securities are being valued or, lacking any sales, at the last available bid price. Prices for each security are taken from the principal exchange or market on which the security trades.

Fixed-income securities, including short-term securities, are generally valued at evaluated prices obtained from third-party pricing vendors. Vendors value such securities based on one or more of the inputs described in the following table. The table provides examples of inputs that are commonly relevant for valuing particular classes of fixed-income securities in which the fund is authorized to invest. However, these classifications are not exclusive, and any of the inputs may be used to value any other class of fixed-income security.

---

| | |
|:---|:---|
| **Fixed-income class** | **Examples of standard inputs** |
| &nbsp;&nbsp;&nbsp;&nbsp; All | &nbsp;&nbsp;&nbsp; Benchmark yields, transactions, bids, offers, quotations from dealers and <br> trading systems, new issues, spreads and other relationships observed in <br> the markets among comparable securities; and proprietary pricing <br> models such as yield measures calculated using factors such as cash flows, <br> financial or collateral performance and other reference data (collectively <br> referred to as "standard inputs")<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; Corporate bonds, notes & loans; convertible securities | Standard inputs and underlying equity of the issuer |
| &nbsp;&nbsp;&nbsp;&nbsp; Bonds & notes of governments & government agencies | Standard inputs and interest rate volatilities |
| &nbsp;&nbsp;&nbsp;&nbsp; Mortgage-backed; asset-backed obligations | &nbsp;&nbsp;&nbsp; Standard inputs and cash flows, prepayment information, default rates, <br> delinquency and loss assumptions, collateral characteristics, credit <br> enhancements and specific deal information<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; Municipal securities | &nbsp;&nbsp;&nbsp; Standard inputs and, for certain distressed securities, cash flows or <br> liquidation values using a net present value calculation based on inputs <br> that include, but are not limited to, financial statements and debt contracts<br>|

---

Securities with both fixed-income and equity characteristics, or equity securities traded principally among fixed-income dealers, are generally valued in the manner described for either equity or fixed-income securities, depending on which method is deemed most appropriate by the fund's investment adviser. The Capital Group Central Corporate Bond Fund ("CCBF"), a fund within the Capital Group Central Fund Series II, and Capital Group Central Cash Fund ("CCF"), a fund within the Capital Group Central Fund Series (collectively the "Central Funds"), are each valued based upon a floating net asset value, which fluctuates with changes in the value of each fund's portfolio securities. The underlying securities are valued based on the policies and procedures in the Central Funds' statements of additional information. Exchange-traded options and futures are generally valued at the official closing price for options and official settlement price for futures on the exchange or market on which such instruments are traded, as of the close of business on the day such instruments are being valued. As of January 31, 2026, the fund did not have any options on futures. The average month-end notional amount of options on futures while held was $694,882,000. The average month-end notional amount of futures contracts while held was $4,275,155,000. Forward currency contracts are valued based on the spot and forward exchange rates obtained from a third-party pricing vendor. The average month-end notional amount of open forward currency contracts while held was $5,014,144,000. Swaps and over-the-counter (OTC) options are generally valued using evaluated prices obtained from third-party pricing vendors who calculate these values based on market inputs that may include the yields of the indices referenced in the instrument and the relevant curve, dealer quotes, default probabilities and recovery rates, exchange rates, implied option volatilities, and terms of the contract. The average month-end notional amounts of interest rate swaps and credit default swaps while held were $1,530,031,000 and $308,063,000, respectively. The average month-end notional amount of options on foreign currencies while held was $135,030,000.

American Funds Global Balanced Fund — Page 30 of 33

------

**unaudited**

Securities and other assets for which representative market quotations are not readily available or are considered unreliable by the fund's investment adviser are fair valued as determined in good faith under fair valuation guidelines adopted by the fund's investment adviser and approved by the board of trustees as further described. The investment adviser follows fair valuation guidelines, consistent with U.S. Securities and Exchange Commission rules and guidance, to consider relevant principles and factors when making fair value determinations. The investment adviser considers relevant indications of value that are reasonably and timely available to it in determining the fair value to be assigned to a particular security, such as the type and cost of the security, restrictions on resale of the security, relevant financial or business developments of the issuer, actively traded similar or related securities, dealer or broker quotes, conversion or exchange rights on the security, related corporate actions, significant events occurring after the close of trading in the security, and changes in overall market conditions. In addition, the closing prices of equity securities that trade in markets outside U.S. time zones may be adjusted to reflect significant events that occur after the close of local trading but before the net asset value of each share class of the fund is determined. Fair valuations of investments that are not actively trading involve judgment and may differ materially from valuations that would have been used had greater market activity occurred.

**Processes and structure** — The fund's board of trustees has designated the fund's investment adviser to make fair value determinations, subject to board oversight. The investment adviser has established a Joint Fair Valuation Committee (the "Committee") to administer, implement and oversee the fair valuation process and to make fair value decisions. The Committee regularly reviews its own fair value decisions, as well as decisions made under its standing instructions to the investment adviser's valuation team. The Committee reviews changes in fair value measurements from period to period, pricing vendor information and market data, and may, as deemed appropriate, update the fair valuation guidelines to better reflect the results of back testing and address new or evolving issues. Pricing decisions, processes and controls over security valuation are also subject to additional internal reviews facilitated by the investment adviser's global risk management group. The Committee reports changes to the fair valuation guidelines to the board of trustees. The fund's board and audit committee also regularly review reports that describe fair value determinations and methods.

**Classifications** — The fund's investment adviser classifies the fund's assets and liabilities into three levels based on the inputs used to value the assets or liabilities. Level 1 values are based on quoted prices in active markets for identical securities. Level 2 values are based on significant observable market inputs, such as quoted prices for similar securities and quoted prices in inactive markets. Certain securities trading outside the U.S. may transfer between Level 1 and Level 2 due to valuation adjustments resulting from significant market movements following the close of local trading. Level 3 values are based on significant unobservable inputs that reflect the investment adviser's determination of assumptions that market participants might reasonably use in valuing the securities. The valuation levels are not necessarily an indication of the risk or liquidity associated with the underlying investment. For example, U.S. government securities are reflected as Level 2 because the inputs used to determine fair value may not always be quoted prices in an active market. The fund's valuation levels as of January 31, 2026, were as follows (dollars in thousands):

American Funds Global Balanced Fund — Page 31 of 33

------

**unaudited**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Investment securities | Investment securities | Investment securities | Investment securities |
|  | Level 1 | Level 2 | Level 3 | Total |
| **Assets:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Information technology | $3777344 | $— | $— | $3777344 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Industrials | 3076110 |  |  | 3076110 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financials | 3046532 |  |  | 3046532 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health care | 2318902 |  |  | 2318902 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Materials | 1441310 | 30029 |  | 1471339 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Consumer discretionary | 1394213 |  |  | 1394213 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Communication services | 1339325 |  |  | 1339325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Utilities | 1292459 |  |  | 1292459 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Consumer staples | 983795 |  |  | 983795 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Energy | 929377 |  |  | 929377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Real estate | 179773 |  |  | 179773 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Convertible stocks  | 187117 |  |  | 187117 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bonds, notes & other debt instruments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bonds & notes of governments & government agencies <br> outside the U.S.<br>|  | 3351761 |  | 3351761 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury bonds & notes |  | 2679642 |  | 2679642 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Corporate bonds and notes |  | 1556106 |  | 1556106 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mortgage-backed obligations |  | 1272294 |  | 1272294 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Asset-backed obligations |  | 134244 |  | 134244 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Federal agency bonds & notes |  | 11774 |  | 11774 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipals |  | 7016 |  | 7016 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment funds  | 365596 |  |  | 365596 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Short-term securities  | 2138664 |  |  | 2138664 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Options purchased on foreign currencies (equity style) |  | 103 |  | 103 |
| Total | $22470517 | $9042969 | $— | $31513486 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Other investments\* | Other investments\* | Other investments\* | Other investments\* |
|  | Level 1 | Level 2 | Level 3 | Total |
| **Assets:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized appreciation on futures contracts | $5642 | $— | $— | $5642 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized appreciation on open forward currency contracts |  | 13547 |  | 13547 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized appreciation on centrally cleared interest rate swaps |  | 7997 |  | 7997 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized appreciation on bilateral interest rate swaps |  | 4129 |  | 4129 |
| **Liabilities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized depreciation on futures contracts | (10493)<br>|  |  | (10493)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized depreciation on open forward currency contracts |  | (59830)<br>|  | (59830)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized depreciation on centrally cleared interest rate swaps |  | (2091)<br>|  | (2091)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized depreciation on bilateral interest rate swaps |  | (2504)<br>|  | (2504)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized depreciation on centrally cleared credit default swaps |  | (486)<br>|  | (486)<br>|
| Total  | $(4851)<br>| $(39238)<br>| $— | $(44089)<br>|

---

\*

Futures contracts, forward currency contracts, interest rate swaps and credit default swaps are not included in the fund's investment portfolio.

American Funds Global Balanced Fund — Page 32 of 33

------

**unaudited**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| |
|:---|
| **Key to abbreviation(s)** |
| ADR = American Depositary Receipts |
| Assn. = Association |
| AUD = Australian dollars |
| BRL = Brazilian reais |
| BZDIOVER = Overnight Brazilian Interbank Deposit Rate |
| CAD = Canadian dollars |
| CHF = Swiss francs |
| CLO = Collateralized Loan Obligations |
| CLP = Chilean pesos |
| CME = CME Group |
| CNH = Chinese yuan renminbi |
| CNY = Chinese yuan renminbi |
| COP = Colombian pesos |
| CORRA = Canadian Overnight Repo Rate Average |
| CZK = Czech korunas |
| DAC = Designated Activity Company |
| DKK = Danish kroner |
| EUR = Euros |
| EURIBOR = Euro Interbank Offered Rate |
| GBP = British pounds |
| HUF = Hungarian forints |
| ICE = Intercontinental Exchange, Inc. |
| IDR = Indonesian rupiah |
| ILS = Israeli shekels |
| INR = Indian rupees |
| JPY = Japanese yen |

---

---

| |
|:---|
| KRW = South Korean won |
| MXN = Mexican pesos |
| MYR = Malaysian ringgits |
| NIBOR = Norwegian Interbank Offered Rate |
| NOK = Norwegian kroner |
| NZD = New Zealand dollars |
| OIS = Overnight Index Swap |
| PEN = Peruvian nuevos soles |
| PIK = Payment In Kind |
| PLN = Polish zloty |
| Ref. = Refunding |
| REIT = Real Estate Investment Trust |
| Rev. = Revenue |
| RON = Romanian leu |
| SEK = Swedish kronor |
| SGD = Singapore dollars |
| SOFR = Secured Overnight Financing Rate |
| SONIA = Sterling Overnight Interbank Average Rate |
| SONIO/N = Sonio O/N Deposit Rates Swap |
| STIBOR = Stockholm Interbank Offered Rate |
| TBA = To be announced |
| THB = Thai baht |
| TRY = Turkish lira |
| USD = U.S. dollars |
| UST = U.S. Treasury |
| ZAR = South African rand |

---

**Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.**

**Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectus and summary prospectus, which can be obtained from your financial professional and should be read carefully before investing. You may also call American Funds Service Company (AFS) at (800) 421-4225 or visit the Capital Group website at capitalgroup.com.**

All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.

Capital Client Group, Inc., member FINRA.© 2026 Capital Group. All rights reserved.

MFGEFP1-037-0326

American Funds Global Balanced Fund — Page 33 of 33

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** American Funds Global Balanced Fund

- **b. Investment Company Act file number:** 811-22496

- **c. CIK number of Registrant:** 0001505612

- **d. LEI of Registrant:** IW8BXWMJ747EV3OLWY78

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

  - **Street Address 1:** 6455 Irvine Center Drive

  - **City:** Irvine

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 92618

  - **Telephone number:** 9499755000

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

- **a. Name of Series:** American Funds Global Balanced Fund

- **b. EDGAR series identifier (if any):** S000031109

- **c. LEI of Series:** IW8BXWMJ747EV3OLWY78

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-01-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $37158225364.83

**Total Liabilities:** $5627407961.38

**Net Assets:** $31530817403.45

**Cash Not Reported:** $3299851.96

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -4346.540000000000 | **1-Year:** -158564.820000000000 | **5-Year:** -420268.030000000000 | **10-Year:** -408242.130000000000 | **30-Year:** -126909.050000000000

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

- **3-Month:** -1359.050000000000 | **1-Year:** -28060.750000000000 | **5-Year:** 272503.280000000000 | **10-Year:** -35530.770000000000 | **30-Year:** -7033.610000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000096495 | 1.22%                | 0.05%                | 2.46%                |
| Class ID C000096496 | 1.25%                | 0.07%                | 2.46%                |
| Class ID C000096497 | 1.18%                | 0.01%                | 2.38%                |
| Class ID C000096498 | 1.18%                | -0.02%               | 2.37%                |
| Class ID C000096499 | 1.23%                | 0.02%                | 2.44%                |
| Class ID C000096500 | 1.25%                | 0.05%                | 2.46%                |
| Class ID C000096501 | 1.27%                | 0.07%                | 2.48%                |
| Class ID C000096502 | 1.27%                | 0.06%                | 2.48%                |
| Class ID C000096504 | 1.18%                | 0.00%                | 2.39%                |
| Class ID C000096505 | 1.25%                | 0.04%                | 2.45%                |
| Class ID C000096506 | 1.27%                | 0.07%                | 2.46%                |
| Class ID C000096507 | 1.25%                | 0.04%                | 2.43%                |
| Class ID C000096509 | 1.18%                | -0.01%               | 2.39%                |
| Class ID C000096510 | 1.23%                | 0.03%                | 2.41%                |
| Class ID C000148460 | 1.23%                | -0.00%               | 2.41%                |
| Class ID C000164811 | 1.28%                | 0.05%                | 2.49%                |
| Class ID C000179967 | 1.27%                | 0.09%                | 2.48%                |
| Class ID C000189482 | 1.28%                | 0.06%                | 2.46%                |
| Class ID C000189483 | 1.25%                | 0.07%                | 2.49%                |
| Class ID C000224585 | 1.27%                | 0.06%                | 2.46%                |
| Class ID C000224586 | 1.27%                | 0.08%                | 2.46%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-4968529.61             | $331752245.59                              |
| Month 2  | $487700952.84            | $-484172383.98                             |
| Month 3  | $199976538.89            | $537083264.51                              |

**Designated Index Information**

- **Index Name:** 60%/40% MSCI All Country World Index/Bloomberg Global Aggregate Index

- **Index Identifier:** 60MXWO40LEGATRUU

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| RISKLESS ISSUER                                                                  | IRS PAYFIX EUR 2.8972% 09-11-25/09-11-55 LCH                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $766668.11     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | IRS PAYFIX NOK 3.99% 09-22-25/09-22-30 LCH                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $112253.69     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | IRS PAYFIX NOK 4.08% 09-23-25/09-23-30 LCH                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $45384.70      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | IRS PAYFIX NOK 4.095% 09-23-25/09-23-30 LCH                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $34452.90      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | IRS PAYFIX NOK 4.09% 09-23-25/09-23-30 LCH                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $19389.07      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | IRS RECFIX EUR 2.8698% 01-13-26/01-13-36 LCH                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $28155.63      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | IRS PAYFIX SEK 2.936% 01-13-26/01-13-36 LCH                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $-163125.34    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | IRS PAYFIX SEK 2.946% 01-13-26/01-13-36 LCH                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $-185961.67    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | IRS RECFIX EUR 2.8803% 01-13-26/01-13-36 LCH                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $51932.33      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | IRS RECFIX EUR 2.8878% 01-13-26/01-13-36 LCH                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $68859.61      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | IRS PAYFIX SEK 2.957% 01-13-26/01-13-36 LCH                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $-210947.66    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | IRS RECFIX EUR 2.8663% 01-14-26/01-14-36 LCH                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $21269.19      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | IRS PAYFIX SEK 2.929% 01-14-26/01-14-36 LCH                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $-165966.36    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | IRS PAYFIX SEK 2.924% 01-14-26/01-14-36 LCH                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $-153190.57    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | IRS RECFIX EUR 2.8563% 01-14-26/01-14-36 LCH                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $-4458.50      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | OIS PAYFIX USD 3.29015% 01-13-23/01-13-30 LCH                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $1131422.70    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | OIS PAYFIX GBP 4.34948% 06-21-23/06-21-33 LCH                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $-26493.35     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | OIS PAYFIX GBP 4.36738% 06-21-23/06-21-33 LCH                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $-73250.66     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | OIS PAYFIX GBP 3.9322% 02-16-24/02-16-54 LCH                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $44891.36      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | OIS RECFIX GBP 3.968% 02-16-24/02-16-29 LCH                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $19361.63      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | OIS RECFIX BRL 13.995% 04-04-25/01-02-29                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | GB        |            1 | NC      | $2490612.76    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| TMX GROUP LTD                                                                    | CAN GB 5YR FUT XQH6 03-20-26                                                                 | CUSIP: N/A<br>LEI: 549300N65GFVKSHGJW59       | N/A              | DIR              | CORP              | CA        |          720 | NC      | $-424137.19    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| TMX GROUP LTD                                                                    | CAN GB 10YR FUT CNH6 03-20-26                                                                | CUSIP: N/A<br>LEI: 549300N65GFVKSHGJW59       | N/A              | DIR              | CORP              | CA        |          443 | NC      | $539378.89     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.5 SD8331 06-01-53                                                                | CUSIP: 3132DWHG1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |        48145 | PA      | $48996.25      | 0.00%             | 2053-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 5.5 MA5072 07-01-53                                                                | CUSIP: 31418ET67<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |        40623 | PA      | $41275.63      | 0.00%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.0 SD8341 07-01-53                                                                | CUSIP: 3132DWHS5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |        99249 | PA      | $99620.00      | 0.00%             | 2053-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 5.0 MA4978 04-01-53                                                                | CUSIP: 31418EQ86<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     11869982 | PA      | $11920488.59   | 0.04%             | 2053-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 2.0 RA6114 02-01-52                                                                | CUSIP: 3133KMYK5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |       624262 | PA      | $507280.51     | 0.00%             | 2052-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 6.0 SD8363 09-01-53                                                                | CUSIP: 3132DWJG9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      4672972 | PA      | $4792927.42    | 0.02%             | 2053-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 MA5191 11-01-53                                                                | CUSIP: 31418EXV7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     12427583 | PA      | $12792692.59   | 0.04%             | 2053-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 4.5 CB4852 10-01-52                                                                | CUSIP: 3140QQMA0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      2228736 | PA      | $2193145.23    | 0.01%             | 2052-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 MA5166 10-01-53                                                                | CUSIP: 31418EW48<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     10283893 | PA      | $10582074.71   | 0.03%             | 2053-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 MA5139 09-01-53                                                                | CUSIP: 31418EV98<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      2581318 | PA      | $2657154.33    | 0.01%             | 2053-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 5.5 CB7331 10-01-53                                                                | CUSIP: 3140QTED7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     31627661 | PA      | $32208312.82   | 0.10%             | 2053-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 6.0 SD8402 02-01-54                                                                | CUSIP: 3132DWKP7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |     11501898 | PA      | $11812345.45   | 0.04%             | 2054-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 5.5 MA5296 03-01-54                                                                | CUSIP: 31418E3E8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |        47606 | PA      | $48338.86      | 0.00%             | 2054-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AASET 2025-2A                                                                    | AASET 2025-2A A 144A 5.522% 02-16-50                                                         | CUSIP: 00039NAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      4868417 | PA      | $4923109.16    | 0.02%             | 2050-02-16      | Fixed         | 5.52%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.5 SD8408 03-01-54                                                                | CUSIP: 3132DWKV4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      1914948 | PA      | $1943972.84    | 0.01%             | 2054-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 5.5 MA5271 02-01-54                                                                | CUSIP: 31418E2D1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |        65256 | PA      | $66274.42      | 0.00%             | 2054-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| APL FINANCE LLC ASHPL_25-1A                                                      | ASHPL 2025-1A A 144A 4.81% 03-20-36                                                          | CUSIP: 03790CAF8<br>LEI: 6354009RKO5CXUKYBH41 | Long             | ABS-O            | CORP              | US        |      2369462 | PA      | $2377491.62    | 0.01%             | 2036-03-20      | Fixed         | 4.81%                 | Yes           |                  2 | On Loan: No      |
| APOLLO AVIATION SECURITIZATION EQUITY TRUST AASET_25-3                           | AASET 2025-3A A 144A 5.243% 02-16-50                                                         | CUSIP: 00039NAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     21418680 | PA      | $21549826.53   | 0.07%             | 2050-02-16      | Fixed         | 5.24%                 | Yes           |                  2 | On Loan: No      |
| BMO 2024-5C8                                                                     | BMO 2024-5C8 AS FRN 12-15-57                                                                 | CUSIP: 09661XAF5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      3360000 | PA      | $3496291.68    | 0.01%             | 2057-12-15      | Variable      | 5.94%                 | No            |                  2 | On Loan: No      |
| CLAST 2025-1A                                                                    | CLAST 2025-1A A 144A 5.783% 02-15-50                                                         | CUSIP: 14856VAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      2137755 | PA      | $2172719.80    | 0.01%             | 2050-02-15      | Fixed         | 5.78%                 | Yes           |                  2 | On Loan: No      |
| EVGRN 2025-CRT5                                                                  | EVGRN 2025-CRT5 B 144A 5.24% 05-15-29                                                        | CUSIP: 30023JCX4<br>LEI: 5493002G9KVV6J3CNU15 | Long             | ABS-O            | CORP              | US        |       359000 | PA      | $363594.84     | 0.00%             | 2029-05-15      | Fixed         | 5.24%                 | Yes           |                  2 | On Loan: No      |
| GCI FUNDING I LLC GCI_21-1                                                       | GCI 2021-1 A 144A 2.38% 06-18-46                                                             | CUSIP: 36166VAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      3562421 | PA      | $3334204.89    | 0.01%             | 2046-06-18      | Fixed         | 2.38%                 | Yes           |                  2 | On Loan: No      |
| HERTZ VEHICLE FINANCING III LLC HERTZ_25-1                                       | HERTZ 2025-1A A 144A 4.91% 09-25-29                                                          | CUSIP: 42806MCT4<br>LEI: 549300MNOMKDMDFI8J66 | Long             | ABS-O            | CORP              | US        |      6128000 | PA      | $6224283.14    | 0.02%             | 2029-09-25      | Fixed         | 4.91%                 | Yes           |                  2 | On Loan: No      |
| MISSION LANE CREDIT MASTER TRUST MLANE_24-A                                      | MLANE 2024-A A1 144A 6.2% 08-15-29                                                           | CUSIP: 60510MAY4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      7757000 | PA      | $7795490.23    | 0.02%             | 2029-08-15      | Fixed         | 6.20%                 | Yes           |                  2 | On Loan: No      |
| MISSION LANE CREDIT MASTER TRUST MLANE_24-A                                      | MLANE 2024-A B 144A 6.59% 08-15-29                                                           | CUSIP: 60510MBA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      3831000 | PA      | $3846484.90    | 0.01%             | 2029-08-15      | Fixed         | 6.59%                 | Yes           |                  2 | On Loan: No      |
| MISSION LANE CREDIT MASTER TRUST MLANE_25-B                                      | MLANE 2025-B A 144A 5.06% 09-15-31                                                           | CUSIP: 60510MBU1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      6029000 | PA      | $6054056.52    | 0.02%             | 2031-09-15      | Fixed         | 5.06%                 | Yes           |                  2 | On Loan: No      |
| MMP 2025-A                                                                       | MMP 2025-A A 144A 5.36% 12-15-31                                                             | CUSIP: 55317QAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |       363042 | PA      | $366688.08     | 0.00%             | 2031-12-15      | Fixed         | 5.36%                 | Yes           |                  2 | On Loan: No      |
| MISSION LANE CREDIT MASTER TRUST MLANE_25-C                                      | MLANE 2025-C A 144A 4.78% 12-16-30                                                           | CUSIP: 60510MCA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      5374000 | PA      | $5394668.40    | 0.02%             | 2030-12-16      | Fixed         | 4.78%                 | Yes           |                  2 | On Loan: No      |
| PRNT 2025-A                                                                      | PRNT 2025-A A 144A 4.84% 09-15-29                                                            | CUSIP: 45333GAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      5458000 | PA      | $5470700.77    | 0.02%             | 2029-09-15      | Fixed         | 4.84%                 | Yes           |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST SMB_23-C                                        | SMB 2023-C A1B 144A FRN 11-15-52                                                             | CUSIP: 83207DAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      3406661 | PA      | $3444352.08    | 0.01%             | 2052-11-15      | Variable      | 5.26%                 | Yes           |                  2 | On Loan: No      |
| SSTRT 2025-A                                                                     | SSTRT 2025-A B 144A 5.038% 07-25-31                                                          | CUSIP: 81378RAB0<br>LEI: 254900DVX7EZK9JMUP63 | Long             | ABS-O            | CORP              | US        |       316905 | PA      | $320278.66     | 0.00%             | 2031-07-25      | Fixed         | 5.04%                 | Yes           |                  2 | On Loan: No      |
| SCF EQUIPMENT TRUST LLC SCFET_25-1                                               | SCFET 2025-1A A3 144A 5.11% 11-21-33                                                         | CUSIP: 78437DAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      7677000 | PA      | $7861117.49    | 0.02%             | 2033-11-21      | Fixed         | 5.11%                 | Yes           |                  2 | On Loan: No      |
| STEELE CREEK CLO LTD STCR_19-2A                                                  | STCR 2019-2A ARR CLO 144A FRN 07-15-32                                                       | CUSIP: 85817EAU7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      2951476 | PA      | $2947579.96    | 0.01%             | 2032-07-15      | Variable      | 4.67%                 | Yes           |                  2 | On Loan: No      |
| SSTRT 2025-B                                                                     | SSTRT 2025-B B 144A 4.925% 12-29-32                                                          | CUSIP: 81378WAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      3101503 | PA      | $3133274.45    | 0.01%             | 2032-12-29      | Fixed         | 4.92%                 | Yes           |                  2 | On Loan: No      |
| CF HIPPOLYTA ISSUER LLC SORT_20-1                                                | SORT 2020-1 A1 144A 1.69% 07-15-60                                                           | CUSIP: 12530MAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      2837198 | PA      | $2407016.10    | 0.01%             | 2060-07-15      | Fixed         | 1.69%                 | Yes           |                  2 | On Loan: No      |
| USCLN 2025-SUP1                                                                  | USCLN 2025-SUP1 B 144A 5.582% 02-25-32                                                       | CUSIP: 90357PBC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      2589813 | PA      | $2614597.92    | 0.01%             | 2032-02-25      | Fixed         | 5.58%                 | Yes           |                  2 | On Loan: No      |
| WEFUN 2025-1                                                                     | WEFUN 2025-1 A 144A 4.75% 07-16-35                                                           | CUSIP: 958250AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      1622000 | PA      | $1638476.28    | 0.01%             | 2035-07-16      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| ONDECK ASSET SECURITIZATION TRUST LLC ONDK_24-1                                  | ONDK 2024-1A B 144A 7.15% 06-17-31                                                           | CUSIP: 67118NAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      3554000 | PA      | $3596605.35    | 0.01%             | 2031-06-17      | Fixed         | 7.15%                 | Yes           |                  2 | On Loan: No      |
| ONDECK ASSET SECURITIZATION TRUST LLC ONDK_24-1                                  | ONDK 2024-1A A 144A 6.27% 06-17-31                                                           | CUSIP: 67118NAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     13966000 | PA      | $14139527.55   | 0.04%             | 2031-06-17      | Fixed         | 6.27%                 | Yes           |                  2 | On Loan: No      |
| EMPRESA NACIONAL DEL PETROLEO ENAP                                               | EMPRESA NACIONAL DEL PETROLEO 144A LIFE SR UNSEC 5.95% 07-30-34                              | CUSIP: 29245JAP7<br>LEI: 549300YP3P0JZBLIV197 | Long             | DBT              | CORP              | CL        |      5855000 | PA      | $6114827.34    | 0.02%             | 2034-07-30      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA INC                                                       | SANTANDER HOLDINGS USA INC SR UNSEC 3.244% 10-05-26                                          | CUSIP: 80282KAZ9<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |      7400000 | PA      | $7363236.80    | 0.02%             | 2026-10-05      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| AMERICA MOVIL SAB DE CV                                                          | AMERICA MOVIL SAB DE CV MXN SR UNSEC 10.3% 01-30-34                                          | CUSIP: N/A<br>LEI: 5493000FNR3UCEAONM59       | Long             | DBT              | CORP              | MX        |     60460000 | PA      | $3675204.12    | 0.01%             | 2034-01-30      | Fixed         | 10.30%                | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | UNION PACIFIC CORP SR UNSEC 2.8% 02-14-32                                                    | CUSIP: 907818FX1<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |       800000 | PA      | $736570.40     | 0.00%             | 2032-02-14      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| VERALTO CORP                                                                     | VERALTO CORP EUR SR UNSEC 4.15% 09-19-31                                                     | CUSIP: N/A<br>LEI: 635400FJE6GSOJUSNY27       | Long             | DBT              | CORP              | US        |      1850000 | PA      | $2285310.59    | 0.01%             | 2031-09-19      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| VERALTO CORP                                                                     | VERALTO CORP SR UNSEC 5.45% 09-18-33                                                         | CUSIP: 92338CAF0<br>LEI: 635400FJE6GSOJUSNY27 | Long             | DBT              | CORP              | US        |      3620000 | PA      | $3763952.92    | 0.01%             | 2033-09-18      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| EXPORT IMPORT BANK OF THAILAND                                                   | EXPORT-IMPORT BANK OF THAILAND 5.354% 05-15-29                                               | CUSIP: N/A<br>LEI: 549300ITFBNFH0H6FK36       | Long             | DBT              | USGA              | TH        |      4920000 | PA      | $5092844.52    | 0.02%             | 2029-05-16      | Fixed         | 5.35%                 | Yes           |                  2 | On Loan: No      |
| ELECTRICITE DE FRANCE SA                                                         | ELECTRICITE DE FRANCE SA EUR REG S SR UNSEC (B) 4.0% 05-07-37                                | CUSIP: N/A<br>LEI: 549300X3UK4GG3FNMO06       | Long             | DBT              | CORP              | FR        |      6900000 | PA      | $8201840.52    | 0.03%             | 2037-05-07      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ELECTRICITE DE FRANCE SA                                                         | ELECTRICITE DE FRANCE SA EUR PRP REG S SUB (H) (B) 2.875% 12-31-79/03-15-27                  | CUSIP: N/A<br>LEI: 549300X3UK4GG3FNMO06       | Long             | DBT              | CORP              | FR        |       800000 | PA      | $946978.96     | 0.00%             | 2079-12-31      | Variable      | 2.88%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMORGAN CHASE & CO SR UNSEC 1.04% 02-04-27/26                                               | CUSIP: 46647PBW5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |       529000 | PA      | $528915.36     | 0.00%             | 2027-02-04      | Variable      | 1.04%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMORGAN CHASE & CO SR UNSEC 5.299% 07-24-29/28                                              | CUSIP: 46647PDU7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |      5320000 | PA      | $5478009.32    | 0.02%             | 2029-07-24      | Variable      | 5.30%                 | No            |                  2 | On Loan: No      |
| KOREA ELECTRIC POWER CORP                                                        | KOREA ELECTRIC POWER CORP 144A LIFE SR UNSEC 4.75% 02-13-28                                  | CUSIP: 500631BD7<br>LEI: 988400QG33WS7JEIV602 | Long             | DBT              | USGA              | KR        |       605000 | PA      | $613664.21     | 0.00%             | 2028-02-13      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                         | LLOYDS BANKING GROUP PLC EUR REG S SR UNSEC (B) 3.875% 05-14-32/31                           | CUSIP: N/A<br>LEI: 549300PPXHEU2JF0AM85       | Long             | DBT              | CORP              | GB        |      1472000 | PA      | $1794564.75    | 0.01%             | 2032-05-14      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | MORGAN STANLEY SR UNSEC 5.656% 04-18-30/29                                                   | CUSIP: 61747YFQ3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     12080000 | PA      | $12581766.96   | 0.04%             | 2030-04-18      | Variable      | 5.66%                 | No            |                  2 | On Loan: No      |
| MICROCHIP TECHNOLOGY INC                                                         | MICROCHIP TECHNOLOGY INC SR UNSEC 5.05% 02-15-30                                             | CUSIP: 595017BL7<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |       164000 | PA      | $167859.58     | 0.00%             | 2030-02-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | MORGAN STANLEY SR UNSEC 5.23% 01-15-31/30                                                    | CUSIP: 61748UAE2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |      2586000 | PA      | $2662871.44    | 0.01%             | 2031-01-15      | Variable      | 5.23%                 | No            |                  2 | On Loan: No      |
| 200 PARK FUNDING TRUST                                                           | 200 PARK FUNDING TRUST 144A LIFE SR UNSEC 5.74% 02-15-55                                     | CUSIP: 901928AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5805000 | PA      | $5782412.75    | 0.02%             | 2055-02-15      | Fixed         | 5.74%                 | Yes           |                  2 | On Loan: No      |
| MARS INC                                                                         | MARS INC 144A LIFE SR UNSEC 5.0% 03-01-32                                                    | CUSIP: 571676AZ8<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |       500000 | PA      | $513946.00     | 0.00%             | 2032-03-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| MARS INC                                                                         | MARS INC 144A LIFE SR UNSEC 5.2% 03-01-35                                                    | CUSIP: 571676BA2<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |      6870000 | PA      | $7036302.09    | 0.02%             | 2035-03-01      | Fixed         | 5.20%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | MORGAN STANLEY SR UNSEC 4.356% 10-22-31/30                                                   | CUSIP: 61748UAM4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |       530000 | PA      | $527201.07     | 0.00%             | 2031-10-22      | Variable      | 4.36%                 | No            |                  2 | On Loan: No      |
| MICROSOFT CORP                                                                   | MICROSOFT CORP SR UNSEC 3.3% 02-06-27                                                        | CUSIP: 594918BY9<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |      2600000 | PA      | $2592075.20    | 0.01%             | 2027-02-06      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.5 RJ2422 09-01-54                                                                | CUSIP: 3142GSVQ8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |       999408 | PA      | $1015980.56    | 0.00%             | 2054-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.5 RJ2415 09-01-54                                                                | CUSIP: 3142GSVH8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      1939851 | PA      | $1990558.88    | 0.01%             | 2054-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.5 RJ2408 09-01-54                                                                | CUSIP: 3142GSVA3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      1765462 | PA      | $1800211.21    | 0.01%             | 2054-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.0 RJ3163 12-01-54                                                                | CUSIP: 3142GTQR0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      1601910 | PA      | $1613082.15    | 0.01%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 4.0 MA5583 01-01-55                                                                | CUSIP: 31418FFZ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     11495381 | PA      | $10993032.58   | 0.03%             | 2055-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TRICON RESIDENTIAL TRUST TCN_23-SFR1                                             | TCN 2023-SFR1 B 144A 5.1% 07-17-40                                                           | CUSIP: 89616WAB4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      1635000 | PA      | $1641374.87    | 0.01%             | 2040-07-17      | Fixed         | 5.10%                 | Yes           |                  2 | On Loan: No      |
| CORNING INC                                                                      | CORNING INC                                                                                  | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |      2897929 | NS      | $299211169.25  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| GRUPO MEXICO SAB DE CV                                                           | GRUPO MEXICO SAB DE CV SER B                                                                 | CUSIP: N/A<br>LEI: 529900JWLZAYET2ZGW20       | Long             | EC               | CORP              | MX        |     20000000 | NS      | $222075989.93  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| GOODMAN GROUP                                                                    | GOODMAN GROUP (REIT)                                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |      2131564 | OU      | $45612987.48   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC                                                                     | ALPHABET INC CL C                                                                            | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |       469121 | NS      | $158811532.13  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC                                                                     | ALPHABET INC CL A                                                                            | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      1325537 | NS      | $448031506.00  | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC BANK LTD                                                                    | HDFC BANK LTD ADR                                                                            | CUSIP: 40415F101<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |      3385028 | NS      | $109607206.64  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC BANK LTD                                                                    | HDFC BANK LTD                                                                                | CUSIP: N/A<br>LEI: 335800ZQ6I4E2JXENC50       | Long             | EC               | CORP              | IN        |      3131792 | NS      | $31637099.78   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| HANNOVER RUECK SE                                                                | HANNOVER RUECK SE                                                                            | CUSIP: N/A<br>LEI: 529900KIN5BE45V5KB18       | Long             | EC               | CORP              | DE        |       113084 | NS      | $32009735.80   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| 3I GROUP PLC                                                                     | 3I GROUP PLC                                                                                 | CUSIP: N/A<br>LEI: 35GDVHRBMFE7NWATNM84       | Long             | EC               | CORP              | GB        |      1025888 | NS      | $47040461.32   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| IMPERIAL BRANDS PLC                                                              | IMPERIAL BRANDS PLC                                                                          | CUSIP: N/A<br>LEI: 549300DFVPOB67JL3A42       | Long             | EC               | CORP              | GB        |      7322616 | NS      | $307210181.71  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| ING GROEP NV                                                                     | ING GROEP NV                                                                                 | CUSIP: N/A<br>LEI: 549300NYKK9MWM7GGW15       | Long             | EC               | CORP              | NL        |      8794581 | NS      | $258739977.24  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMORGAN CHASE & CO                                                                          | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |       672228 | NS      | $205627822.92  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| ELI LILLY AND CO                                                                 | ELI LILLY AND CO                                                                             | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |       504656 | NS      | $523403970.40  | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| LUNDIN GOLD INC                                                                  | LUNDIN GOLD INC                                                                              | CUSIP: 550371108<br>LEI: 549300ZOV16K515FC525 | Long             | EC               | CORP              | CA        |      1750000 | NS      | $131193772.26  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERCARD INC                                                                   | MASTERCARD INC CL A                                                                          | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |       223421 | NS      | $120377000.59  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| MEDTRONIC PLC                                                                    | MEDTRONIC PLC                                                                                | CUSIP: N/A<br>LEI: 549300GX3ZBSQWUXY261       | Long             | EC               | CORP              | IE        |       896457 | NS      | $92299212.72   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC                                                               | META PLATFORMS INC CL A                                                                      | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |       302653 | NS      | $216850874.50  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITAL GROUP CENTRAL CASH FUND                                                  | CAPITAL GROUP CENTRAL CASH FUND                                                              | CUSIP: 14020B102<br>LEI: 549300YD0SRETB6WWP29 | Long             | STIV             | RF                | US        |     21479607 | NS      | $2147960747.00 | 6.81%             |  |  |  | No            |                  1 | On Loan: No      |
| COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELIN                                   | COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELIN                                               | CUSIP: N/A<br>LEI: 549300SOSI58J6VIW052       | Long             | EC               | CORP              | FR        |      3554353 | NS      | $132082325.86  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| MOLINA HEALTHCARE INC                                                            | MOLINA HEALTHCARE INC                                                                        | CUSIP: 60855R100<br>LEI: 549300NQQCEQ46YHZ591 | Long             | EC               | CORP              | US        |       237437 | NS      | $42641310.83   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| MARSH & MCLENNAN COMPANIES INC                                                   | MARSH & MCLENNAN COMPANIES INC                                                               | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |       913080 | NS      | $171832525.20  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| MARUTI SUZUKI INDIA LTD                                                          | MARUTI SUZUKI INDIA LTD                                                                      | CUSIP: N/A<br>LEI: 335800D27PBEESKKD357       | Long             | EC               | CORP              | IN        |       642823 | NS      | $102020089.44  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                                                                   | MORGAN STANLEY                                                                               | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |       726652 | NS      | $132831985.60  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP                                                                   | MICROSOFT CORP                                                                               | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      1569649 | NS      | $675404268.21  | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| MUENCHENER RUECKVERSICHERUNGS-GESELLSCHAFT AG                                    | MUENCHENER RUECKVERSICHERUNGS-GESELLSCHAFT AG                                                | CUSIP: N/A<br>LEI: 529900MUF4C20K50JS49       | Long             | EC               | CORP              | DE        |       169625 | NS      | $103025703.08  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| RISKLESS ISSUER                                                                  | FSWP: IRS RECFIX EUR 2.5293% 03-10-26/10-10-30 LCH                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $520603.45     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | FSWP: IRS RECFIX EUR 2.518% 03-10-26/10-10-30 LCH                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $809154.51     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | OIS RECFIX BRL 11.495% 07-10-24/01-02-29                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $-1874064.57   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | OIS RECFIX USD 3.5175% 08-15-24/08-15-27 LCH                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $5288.80       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | OIS RECFIX BRL 12.005% 09-20-24/01-02-29                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $-416204.94    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | OIS RECFIX BRL 12.1725% 09-20-24/01-02-29                                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $-213683.49    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | OIS RECFIX BRL 14.115% 04-08-25/01-02-29                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $779705.72     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | OIS RECFIX BRL 14.05% 04-15-25/01-02-29                                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | GB        |            1 | NC      | $505739.98     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | OIS RECFIX BRL 14.05% 04-15-25/01-02-29                                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $351469.80     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | OIS PAYFIX USD 3.4925% 08-19-25/08-19-27 LCH                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $-748316.22    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | OIS PAYFIX USD 3.9305% 09-23-25/09-23-55 LCH                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $3078871.02    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | OIS PAYFIX USD 3.3395% 09-23-25/09-23-27 LCH                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $501442.37     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | OIS PAYFIX USD 3.507% 01-14-26/01-14-31 LCH                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $251415.15     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PORTUGAL (REPUBLIC OF)                                                           | PORTUGAL OBRIGACOES DO TESOURO OT EUR 144A LIFE/REG S 0.475% 10-18-30                        | CUSIP: N/A<br>LEI: 549300P6U1FJ3IMP7K42       | Long             | DBT              | NUSS              | PT        |     13170000 | PA      | $14267337.59   | 0.05%             | 2030-10-18      | Fixed         | 0.47%                 | Yes           |                  2 | On Loan: No      |
| PHILIPPINES (REPUBLIC OF)                                                        | PHILIPPINE GOVERNMENT INTERNATIONAL BOND EUR 0.7% 02-03-29                                   | CUSIP: N/A<br>LEI: 529900RAHBALMYIJ3T08       | Long             | DBT              | NUSS              | PH        |      4970000 | PA      | $5511690.87    | 0.02%             | 2029-02-03      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| PORTUGAL (REPUBLIC OF)                                                           | PORTUGAL OBRIGACOES DO TESOURO OT EUR 144A LIFE/REG S 3.5% 06-18-38                          | CUSIP: N/A<br>LEI: 549300P6U1FJ3IMP7K42       | Long             | DBT              | NUSS              | PT        |       455000 | PA      | $545465.40     | 0.00%             | 2038-06-18      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 1.875% 02-15-32                                                  | CUSIP: 91282CDY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     30345500 | PA      | $27003938.51   | 0.09%             | 2032-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 3.25% 05-15-42                                                   | CUSIP: 912810TH1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |         5000 | PA      | $4156.64       | 0.00%             | 2042-05-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 3.0% 08-15-52                                                    | CUSIP: 912810TJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    120365000 | PA      | $85863504.18   | 0.27%             | 2052-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HELLENIC REPUBLIC TREASURY BILL                                                  | HELLENIC REPUBLIC GOVERNMENT BOND EUR 144A LIFE/REG S 3.375% 06-16-36                        | CUSIP: N/A<br>LEI: 2138003EKTMKZ5598902       | Long             | DBT              | NUSS              | GR        |     14655000 | PA      | $17270898.16   | 0.05%             | 2036-06-16      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| MEXICO (UNITED MEXICAN STATES) (GOVERNMENT)                                      | MEXICO GOVERNMENT INTERNATIONAL BOND 6.125% 02-09-38                                         | CUSIP: 91087BBR0<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |      8289000 | PA      | $8266205.25    | 0.03%             | 2038-02-09      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| PORTUGAL (REPUBLIC OF)                                                           | PORTUGAL OBRIGACOES DO TESOURO OT EUR 144A LIFE/REG S 3.25% 06-13-36                         | CUSIP: N/A<br>LEI: 549300P6U1FJ3IMP7K42       | Long             | DBT              | NUSS              | PT        |     11830000 | PA      | $14087629.62   | 0.04%             | 2036-06-13      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| SPAIN (KINGDOM OF)                                                               | SPAIN GOVERNMENT BOND EUR 144A LIFE/REG S 3.3% 04-30-36                                      | CUSIP: N/A<br>LEI: 9598007A56S18711AH60       | Long             | DBT              | NUSS              | ES        |      6200000 | PA      | $7371121.99    | 0.02%             | 2036-04-30      | Fixed         | 3.30%                 | Yes           |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 3.625% 12-31-30                                                  | CUSIP: 91282CPR6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     18294600 | PA      | $18155961.69   | 0.06%             | 2030-12-31      | Fixed         | 3.62%                 | No            |                  2 | On Loan: —       |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 3.375% 12-31-27                                                  | CUSIP: 91282CPS4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     25256800 | PA      | $25186424.45   | 0.08%             | 2027-12-31      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 3.5% 01-15-29                                                    | CUSIP: 91282CPT2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    240763000 | PA      | $240076440.23  | 0.76%             | 2029-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | ASIAN DEVELOPMENT BANK INR SR UNSEC 6.72% 02-08-28                                           | CUSIP: N/A<br>LEI: 549300X0MVH42CY8Q105       | Long             | DBT              | NUSS              | PH        |   1303620000 | PA      | $14190726.54   | 0.05%             | 2028-02-08      | Fixed         | 6.72%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | EUROPEAN INVESTMENT BANK 7.4% 10-23-33                                                       | CUSIP: N/A<br>LEI: 5493006YXS1U5GIHE750       | Long             | DBT              | NUSS              | LU        |   1230500000 | PA      | $13486534.16   | 0.04%             | 2033-10-23      | Fixed         | 7.40%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | EUROPEAN INVESTMENT BANK 6.95% 03-01-29                                                      | CUSIP: N/A<br>LEI: 5493006YXS1U5GIHE750       | Long             | DBT              | NUSS              | LU        |    365500000 | PA      | $3976755.23    | 0.01%             | 2029-03-01      | Fixed         | 6.95%                 | Yes           |                  2 | On Loan: No      |
| EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT                                 | EUROPEAN BANK FOR RECONSTRUCTION A 6.75% 01-13-32                                            | CUSIP: N/A<br>LEI: 549300HTGDOVDU6OGK19       | Long             | DBT              | NUSS              | GB        |   3576700000 | PA      | $38452066.94   | 0.12%             | 2032-01-13      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | EUROPEAN INVESTMENT BANK 2.875% 01-15-35                                                     | CUSIP: N/A<br>LEI: 5493006YXS1U5GIHE750       | Long             | DBT              | NUSS              | LU        |      2900000 | PA      | $3422812.76    | 0.01%             | 2035-01-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| EUROPEAN UNION                                                                   | EUROPEAN UNION 2.78% 12-13-32                                                                | CUSIP: N/A<br>LEI: 529900FZRK8FGMPEOM08       | Long             | DBT              | NUSS              | BE        |      4215000 | PA      | $4981316.48    | 0.02%             | 2032-12-13      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| EUROPEAN UNION                                                                   | EUROPEAN UNION REG S SR UNSEC EUR (B) 2.5% 10-14-30                                          | CUSIP: N/A<br>LEI: 529900FZRK8FGMPEOM08       | Long             | DBT              | NUSS              | BE        |       180000 | PA      | $213030.15     | 0.00%             | 2030-10-14      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| EUROPEAN UNION                                                                   | EUROPEAN UNION REG S SR UNSEC EUR (B) 4.0% 10-12-55                                          | CUSIP: N/A<br>LEI: 529900FZRK8FGMPEOM08       | Long             | DBT              | NUSS              | BE        |     20059000 | PA      | $23557831.26   | 0.07%             | 2055-10-12      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MCDONALDS CORP                                                                   | MCDONALD'S CORP EUR REG S SR UNSEC 1.6% 03-15-31                                             | CUSIP: N/A<br>LEI: UE2136O97NLB5BYP9H04       | Long             | DBT              | CORP              | US        |      5400000 | PA      | $5980255.53    | 0.02%             | 2031-03-15      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | MORGAN STANLEY SR UNSEC 1.794% 02-13-32/31                                                   | CUSIP: 6174468U6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |       500000 | PA      | $439111.50     | 0.00%             | 2032-02-13      | Variable      | 1.79%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                                                   | MASTERCARD INC SR UNSEC 2.0% 11-18-31                                                        | CUSIP: 57636QAU8<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |      8291000 | PA      | $7392197.56    | 0.02%             | 2031-11-18      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| MISC CAPITAL TWO (LABUAN) LTD                                                    | MISC CAPITAL TWO LABUAN LTD 144A LIFE SR UNSEC 3.75% 04-06-27                                | CUSIP: 60475DAB7<br>LEI: 9845000ED8376T875113 | Long             | DBT              | CORP              | MY        |     14783000 | PA      | $14692084.55   | 0.05%             | 2027-04-06      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP INC                                                       | MIZUHO FINANCIAL GROUP INC SR UNSEC 5.778% 07-06-29/28                                       | CUSIP: 60687YCZ0<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |      7610000 | PA      | $7909856.83    | 0.03%             | 2029-07-06      | Variable      | 5.78%                 | No            |                  2 | On Loan: No      |
| MINERVA LUXEMBOURG SA                                                            | MINERVA LUXEMBOURG SA REG S SR UNSEC 8.875% 09-13-33                                         | CUSIP: N/A<br>LEI: 222100NM3G3RCPGZ2Z17       | Long             | DBT              | CORP              | LU        |     11430000 | PA      | $12494955.96   | 0.04%             | 2033-09-13      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| NICKEL INDUSTRIES LTD                                                            | NICKEL INDUSTRIES LTD 144A LIFE SR UNSEC 9.0% 09-30-30                                       | CUSIP: 653890AB9<br>LEI: 54930007K0WX53TSIK16 | Long             | DBT              | CORP              | AU        |      6590000 | PA      | $6923842.81    | 0.02%             | 2030-09-30      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| NYKREDIT REALKREDIT A/S                                                          | NYKREDIT REALKREDIT A/S 2.0% 10-01-37                                                        | CUSIP: N/A<br>LEI: LIU16F6VZJSD6UKHD557       | Long             | ABS-CBDO         | CORP              | DK        |     11862767 | PA      | $1816932.26    | 0.01%             | 2037-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NATWEST GROUP PLC EUR REG S SR UNSEC (B) 0.78% 02-26-30/29                                   | CUSIP: N/A<br>LEI: 2138005O9XJIJN4JPN90       | Long             | DBT              | CORP              | GB        |      8730000 | PA      | $9736273.79    | 0.03%             | 2030-02-26      | Variable      | 0.78%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NATWEST GROUP PLC EUR REG S SUB (B) 1.043% 09-14-32/27                                       | CUSIP: N/A<br>LEI: 2138005O9XJIJN4JPN90       | Long             | DBT              | CORP              | GB        |       700000 | PA      | $810217.78     | 0.00%             | 2032-09-14      | Variable      | 1.04%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE GLOBAL FUNDING                                                     | NEW YORK LIFE GLOBAL FUNDING GIC 144A LIFE SR SEC 1ST LIEN 5.0% 01-09-34                     | CUSIP: 64952WFE8<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |       780000 | PA      | $793400.40     | 0.00%             | 2034-01-09      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| ORANGE                                                                           | ORANGE SA GBP REG S SR UNSEC (B) 5.375% 11-22-50                                             | CUSIP: N/A<br>LEI: 969500MCOONR8990S771       | Long             | DBT              | CORP              | FR        |      2000000 | PA      | $2498317.00    | 0.01%             | 2050-11-22      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                      | ORACLE CORP SR UNSEC 2.65% 07-15-26                                                          | CUSIP: 68389XBM6<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |      6024000 | PA      | $5983488.60    | 0.02%             | 2026-07-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                      | ORACLE CORP SR UNSEC 3.25% 11-15-27                                                          | CUSIP: 68389XBN4<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |      4246000 | PA      | $4165542.55    | 0.01%             | 2027-11-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ORANGE                                                                           | ORANGE SA EUR REG S SR UNSEC (B) 3.625% 11-16-31                                             | CUSIP: N/A<br>LEI: 969500MCOONR8990S771       | Long             | DBT              | CORP              | FR        |      5000000 | PA      | $6103005.64    | 0.02%             | 2031-11-16      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC CO                                                      | PACIFIC GAS AND ELECTRIC CO SR SEC 1ST LIEN 6.15% 03-01-55                                   | CUSIP: 694308KV8<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |      6016000 | PA      | $5976438.78    | 0.02%             | 2055-03-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC CO                                                      | PACIFIC GAS AND ELECTRIC CO SR SEC 1ST LIEN 6.0% 08-15-35                                    | CUSIP: 694308KX4<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |      4260000 | PA      | $4460565.06    | 0.01%             | 2035-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTERNATIONAL INC                                                  | PHILIP MORRIS INTERNATIONAL INC EUR SR UNSEC 2.75% 06-06-29                                  | CUSIP: 718172DV8<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |       525000 | PA      | $622281.37     | 0.00%             | 2029-06-06      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTERNATIONAL INC                                                  | PHILIP MORRIS INTERNATIONAL INC SR UNSEC 4.0% 10-29-30                                       | CUSIP: 718172DY2<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |       241000 | PA      | $238491.19     | 0.00%             | 2030-10-29      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTERNATIONAL INC                                                  | PHILIP MORRIS INTERNATIONAL INC SR UNSEC 2.1% 05-01-30                                       | CUSIP: 718172CP2<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |      2078000 | PA      | $1905727.57    | 0.01%             | 2030-05-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COMPANY OF COLORADO                                               | PUBLIC SERVICE CO OF COLORADO SR SEC 1ST LIEN 2.7% 01-15-51                                  | CUSIP: 744448CU3<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |      5960000 | PA      | $3627405.00    | 0.01%             | 2051-01-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC CO                                                      | PACIFIC GAS AND ELECTRIC CO SR SEC 1ST LIEN 3.5% 08-01-50                                    | CUSIP: 694308JJ7<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |      7757000 | PA      | $5251814.79    | 0.02%             | 2050-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC CO                                                      | PACIFIC GAS AND ELECTRIC CO SR SEC 1ST LIEN 4.55% 07-01-30                                   | CUSIP: 694308JM0<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |      1267000 | PA      | $1264045.36    | 0.00%             | 2030-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC CO                                                      | PACIFIC GAS AND ELECTRIC CO SR SEC 1ST LIEN 4.95% 07-01-50                                   | CUSIP: 694308JN8<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |      1378000 | PA      | $1169319.81    | 0.00%             | 2050-07-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC CO                                                      | PACIFIC GAS AND ELECTRIC CO SR SEC 1ST LIEN 4.65% 08-01-28                                   | CUSIP: 694308JC2<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |      1049000 | PA      | $1060349.13    | 0.00%             | 2028-08-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| SANDS CHINA LTD                                                                  | SANDS CHINA LTD SR UNSEC 3.25% 08-08-31                                                      | CUSIP: 80007RAS4<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | MO        |      3930000 | PA      | $3640366.86    | 0.01%             | 2031-08-08      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| SANDS CHINA LTD                                                                  | SANDS CHINA LTD SR UNSEC 2.85% 03-08-29                                                      | CUSIP: 80007RAQ8<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | MO        |      3000000 | PA      | $2861766.00    | 0.01%             | 2029-03-08      | Variable      | 2.85%                 | No            |                  2 | On Loan: No      |
| SAMARCO MINERACAO SA                                                             | SAMARCO MINERACAO SA REG S SR UNSEC PIK 9.0% 06-30-31/12-30-25                               | CUSIP: N/A<br>LEI: 529900U8HKV15GJC4O60       | Long             | DBT              | CORP              | BR        |     19062935 | PA      | $19149537.91   | 0.06%             | 2031-06-30      | Variable      | 9.00%                 | Yes           |                  2 | On Loan: No      |
| SAMARCO MINERACAO SA                                                             | SAMARCO MINERACAO SA 144A LIFE SR UNSEC PIK 9.0% 06-30-31                                    | CUSIP: 79588YAA7<br>LEI: 529900U8HKV15GJC4O60 | Long             | DBT              | CORP              | BR        |      3216801 | PA      | $3231414.93    | 0.01%             | 2031-06-30      | Variable      | 9.00%                 | Yes           |                  2 | On Loan: No      |
| SATS TREASURY PTE LTD                                                            | SATS TREASURY PTE LTD REG S SR UNSEC 4.828% 01-23-29                                         | CUSIP: N/A<br>LEI: 254900I8S3NS01XMTR57       | Long             | DBT              | CORP              | SG        |       200000 | PA      | $204284.60     | 0.00%             | 2029-01-23      | Fixed         | 4.83%                 | Yes           |                  2 | On Loan: No      |
| TOTALENERGIES CAPITAL SA                                                         | TOTALENERGIES CAPITAL SA SR UNSEC 5.488% 04-05-54                                            | CUSIP: 89157XAB7<br>LEI: 529900QI55ZLJVCMPA71 | Long             | DBT              | CORP              | FR        |      5640000 | PA      | $5487855.36    | 0.02%             | 2054-04-05      | Fixed         | 5.49%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-MOBILE USA INC EUR SR UNSEC 3.7% 05-08-32                                                  | CUSIP: 87264ADJ1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |      2590000 | PA      | $3149337.65    | 0.01%             | 2032-05-08      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-MOBILE USA INC EUR SR UNSEC 3.15% 02-11-32                                                 | CUSIP: N/A<br>LEI: 549300V2JRLO5DIFGE82       | Long             | DBT              | CORP              | US        |       200000 | PA      | $236242.15     | 0.00%             | 2032-02-11      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK/THE                                                        | TORONTO-DOMINION BANK SR UNSEC 4.808% 06-03-30                                               | CUSIP: 89115KAB6<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |      4880000 | PA      | $4981177.04    | 0.02%             | 2030-06-03      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| TENCENT HOLDINGS LTD                                                             | TENCENT HOLDINGS LTD 144A LIFE SR UNSEC 2.39% 06-03-30                                       | CUSIP: 88032WAU0<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | CN        |      3954000 | PA      | $3698634.86    | 0.01%             | 2030-06-03      | Fixed         | 2.39%                 | Yes           |                  2 | On Loan: No      |
| TAKEDA PHARMACEUTICAL CO LTD                                                     | TAKEDA PHARMACEUTICAL CO LTD EUR SR UNSEC 0.75% 07-09-27                                     | CUSIP: 874060BA3<br>LEI: 549300ZLMVP4X0OGR454 | Long             | DBT              | CORP              | JP        |      1984000 | PA      | $2296795.54    | 0.01%             | 2027-07-09      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-MOBILE USA INC SR UNSEC 1.5% 02-15-26                                                      | CUSIP: 87264ABZ7<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |      3900000 | PA      | $3895635.90    | 0.01%             | 2026-02-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-MOBILE USA INC SR UNSEC 2.55% 02-15-31                                                     | CUSIP: 87264ACB9<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |      3900000 | PA      | $3568581.90    | 0.01%             | 2031-02-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-MOBILE USA INC SR UNSEC 3.875% 04-15-30                                                    | CUSIP: 87264ABF1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |       400000 | PA      | $393266.00     | 0.00%             | 2030-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.0 SL1094 04-01-55                                                                | CUSIP: 31427NGC7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      2746111 | PA      | $2748373.95    | 0.01%             | 2055-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 4.0 RQ0010 06-01-55                                                                | CUSIP: 3142J6AL7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |       593375 | PA      | $567305.52     | 0.00%             | 2055-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.5 SD8533 05-01-55                                                                | CUSIP: 3132DWPS6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      8392866 | PA      | $8517835.80    | 0.03%             | 2055-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 4.0 MA5670 04-01-55                                                                | CUSIP: 31418FJQ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      2492136 | PA      | $2383229.70    | 0.01%             | 2055-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 5.5 MA5614 02-01-55                                                                | CUSIP: 31418FGY7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |       939556 | PA      | $953546.31     | 0.00%             | 2055-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-MOBILE USA INC SR UNSEC 2.05% 02-15-28                                                     | CUSIP: 87264ACA1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |      2500000 | PA      | $2405785.00    | 0.01%             | 2028-02-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-MOBILE USA INC SR UNSEC 5.15% 04-15-34                                                     | CUSIP: 87264ADF9<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |      7926000 | PA      | $8062287.57    | 0.03%             | 2034-04-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UNITEDHEALTH GROUP INC SR UNSEC 5.625% 07-15-54                                              | CUSIP: 91324PFL1<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |      3800000 | PA      | $3702788.40    | 0.01%             | 2054-07-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX CORP SR UNSEC 4.5% 06-01-42                                                              | CUSIP: 913017BT5<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |      4335000 | PA      | $3927796.11    | 0.01%             | 2042-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND (GOVERNMENT)                | UNITED KINGDOM GILT GBP REG S 3.25% 01-22-44                                                 | CUSIP: N/A<br>LEI: ECTRVYYCEF89VWYS6K36       | Long             | DBT              | NUSS              | GB        |      3650000 | PA      | $3884205.13    | 0.01%             | 2044-01-22      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX CORP SR UNSEC 4.125% 11-16-28                                                            | CUSIP: 913017CY3<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |      5000000 | PA      | $5024515.00    | 0.02%             | 2028-11-16      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.0 SL0799 03-01-55                                                                | CUSIP: 31427M3H2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      1945094 | PA      | $1946835.31    | 0.01%             | 2055-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | ABBVIE INC SR UNSEC 5.35% 03-15-44                                                           | CUSIP: 00287YDV8<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |        25000 | PA      | $24776.43      | 0.00%             | 2044-03-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | ABBVIE INC SR UNSEC 5.5% 03-15-64                                                            | CUSIP: 00287YDX4<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |        75000 | PA      | $72690.60      | 0.00%             | 2064-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | ABBVIE INC SR UNSEC 5.4% 03-15-54                                                            | CUSIP: 00287YDW6<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |       200000 | PA      | $194113.60     | 0.00%             | 2054-03-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | ABBVIE INC SR UNSEC 5.05% 03-15-34                                                           | CUSIP: 00287YDU0<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |       100000 | PA      | $102543.40     | 0.00%             | 2034-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| AMERICA MOVIL SAB DE CV                                                          | AMERICA MOVIL SAB DE CV MXN SR UNSEC 10.125% 01-22-29                                        | CUSIP: N/A<br>LEI: 5493000FNR3UCEAONM59       | Long             | DBT              | CORP              | MX        |    631090000 | PA      | $37647248.55   | 0.12%             | 2029-01-22      | Fixed         | 10.12%                | No            |                  2 | On Loan: No      |
| AMPHENOL CORP                                                                    | AMPHENOL CORP EUR SR UNSEC 3.125% 06-16-32                                                   | CUSIP: 032095AU5<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |       350000 | PA      | $413922.03     | 0.00%             | 2032-06-16      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| CHUBB INA HOLDINGS LLC                                                           | CHUBB INA HOLDINGS LLC SR UNSEC 3.35% 05-03-26                                               | CUSIP: 00440EAV9<br>LEI: CZCBJZWDMLTHWJDXU843 | Long             | DBT              | CORP              | US        |       645000 | PA      | $644533.67     | 0.00%             | 2026-05-03      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| CHUBB INA HOLDINGS LLC                                                           | CHUBB INA HOLDINGS LLC SR UNSEC 4.35% 11-03-45                                               | CUSIP: 00440EAW7<br>LEI: CZCBJZWDMLTHWJDXU843 | Long             | DBT              | CORP              | US        |       665000 | PA      | $577378.27     | 0.00%             | 2045-11-03      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | ABBVIE INC SR UNSEC 3.2% 05-14-26                                                            | CUSIP: 00287YAY5<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |      3000000 | PA      | $2995491.00    | 0.01%             | 2026-05-14      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| GERMANY (FEDERAL REPUBLIC OF)                                                    | BUNDESREPUBLIK DEUTSCHLAND BUNDESANLEIHE EUR REG S (B) 1.0% 05-15-38                         | CUSIP: N/A<br>LEI: 529900AQBND3S6YJLY83       | Long             | DBT              | NUSS              | DE        |     15810036 | PA      | $14833703.28   | 0.05%             | 2038-05-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| GERMANY (FEDERAL REPUBLIC OF)                                                    | BUNDESREPUBLIK DEUTSCHLAND BUNDESANLEIHE EUR REG S (B) 2.2% 02-15-34                         | CUSIP: N/A<br>LEI: 529900AQBND3S6YJLY83       | Long             | DBT              | NUSS              | DE        |     13050000 | PA      | $14922706.41   | 0.05%             | 2034-02-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| HELLENIC REPUBLIC TREASURY BILL                                                  | HELLENIC REPUBLIC GOVERNMENT BOND EUR 144A LIFE/REG S 3.625% 06-15-35                        | CUSIP: N/A<br>LEI: 2138003EKTMKZ5598902       | Long             | DBT              | NUSS              | GR        |       750000 | PA      | $909338.00     | 0.00%             | 2035-06-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF ITALY                                                                | ITALY BUONI POLIENNALI DEL TESORO EUR 144A LIFE/REG S (B) 3.65% 08-01-35                     | CUSIP: N/A<br>LEI: 815600DE60799F5A9309       | Long             | DBT              | NUSS              | IT        |     20435000 | PA      | $24768266.22   | 0.08%             | 2035-08-01      | Fixed         | 3.65%                 | Yes           |                  2 | On Loan: No      |
| JAPAN (GOVERNMENT OF)                                                            | JAPAN GOVERNMENT TWENTY YEAR BOND JPY 1.2% 03-20-35                                          | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        |  23487700000 | PA      | $140072653.70  | 0.44%             | 2035-03-20      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| JAPAN (GOVERNMENT OF)                                                            | JAPAN GOVERNMENT TEN YEAR BOND JPY 0.1% 03-20-27                                             | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        |  11295600000 | PA      | $72234179.59   | 0.23%             | 2027-03-20      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 4.0% 02-29-28                                                    | CUSIP: 91282CGP0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      2481000 | PA      | $2503387.06    | 0.01%             | 2028-02-29      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH OF AUSTRALIA                                                        | AUSTRALIA GOVERNMENT BOND AUD REG S 4.75% 10-21-37                                           | CUSIP: N/A<br>LEI: 213800J6B7JSBDETCB42       | Long             | DBT              | NUSS              | AU        |    113038000 | PA      | $77756849.08   | 0.25%             | 2037-10-21      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BELGIUM (KINGDOM OF)                                                             | KINGDOM OF BELGIUM GOVERNMENT BOND EUR 144A LIFE/REG S 3.4% 06-22-36                         | CUSIP: N/A<br>LEI: 549300SZ25JZFHRHWD76       | Long             | DBT              | NUSS              | BE        |     12495000 | PA      | $14853589.02   | 0.05%             | 2036-06-22      | Fixed         | 3.40%                 | Yes           |                  2 | On Loan: No      |
| VALE SA                                                                          | VALE SA ON ADR                                                                               | CUSIP: 91912E105<br>LEI: 254900SMTWBX7RU2SR20 | Long             | EC               | CORP              | BR        |      3691051 | NS      | $59315189.57   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| VALE SA                                                                          | VALE SA ON                                                                                   | CUSIP: N/A<br>LEI: 254900SMTWBX7RU2SR20       | Long             | EC               | CORP              | BR        |      8221395 | NS      | $131723533.59  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBOTT LABORATORIES                                                              | ABBOTT LABORATORIES SR UNSEC 3.75% 11-30-26                                                  | CUSIP: 002824BF6<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |      1133000 | PA      | $1134154.53    | 0.00%             | 2026-11-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T INC GBP SR UNSEC 5.2% 11-18-33                                                          | CUSIP: N/A<br>LEI: 549300Z40J86GGSTL398       | Long             | DBT              | CORP              | US        |      6395000 | PA      | $8795287.52    | 0.03%             | 2033-11-18      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                                                            | PROVINCE OF ONTARIO CANADA EUR REG S (B) 3.25% 07-03-35                                      | CUSIP: N/A<br>LEI: C7PVKCRGLG18EBQGZV36       | Long             | DBT              | NUSS              | CA        |      9805000 | PA      | $11680224.50   | 0.04%             | 2035-07-03      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| POLAND (REPUBLIC OF)                                                             | REPUBLIC OF POLAND GOVERNMENT BOND PLN 2.75% 10-25-29                                        | CUSIP: N/A<br>LEI: 259400R9L8QEP0TPXS31       | Long             | DBT              | NUSS              | PL        |     16670000 | PA      | $4498220.98    | 0.01%             | 2029-10-25      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT                                 | EUROPEAN BANK FOR RECONSTRUCTION A 5.25% 01-12-27                                            | CUSIP: N/A<br>LEI: 549300HTGDOVDU6OGK19       | Long             | DBT              | NUSS              | GB        |    594100000 | PA      | $6401419.02    | 0.02%             | 2027-01-12      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL FINANCE CORP                                                       | INTERNATIONAL FINANCE CORP 0.0% 04-26-52                                                     | CUSIP: N/A<br>LEI: QKL54NQY28TCDAI75F60       | Long             | DBT              | NUSS              | US        |   1265360000 | PA      | $7077645.91    | 0.02%             | 2052-04-26      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT                            | INTL BK RECON/DEV SR UNSEC 6.75% 07-13-29                                                    | CUSIP: N/A<br>LEI: ZTMSNXROF84AHWJNKQ93       | Long             | DBT              | NUSS              | US        |   1555600000 | PA      | $16775434.82   | 0.05%             | 2029-07-13      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.5 CB8725 06-01-54                                                                | CUSIP: 3140QUVT0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |       582399 | PA      | $605055.45     | 0.00%             | 2054-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 6.0 RJ1964 07-01-54                                                                | CUSIP: 3142GSFE3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      3224648 | PA      | $3361244.31    | 0.01%             | 2054-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 5.5 CB8842 07-01-54                                                                | CUSIP: 3140QUZG4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      8150147 | PA      | $8322163.70    | 0.03%             | 2054-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 FS8223 06-01-54                                                                | CUSIP: 3140XQD53<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      1455438 | PA      | $1494990.62    | 0.00%             | 2054-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.5 RJ2206 08-01-54                                                                | CUSIP: 3142GSNY0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |       772888 | PA      | $785871.34     | 0.00%             | 2054-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 6.0 RJ2210 08-01-54                                                                | CUSIP: 3142GSN46<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      2345690 | PA      | $2408263.26    | 0.01%             | 2054-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.5 RJ2243 08-01-54                                                                | CUSIP: 3142GSP51<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      1225396 | PA      | $1249578.00    | 0.00%             | 2054-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.5 RJ2203 08-01-54                                                                | CUSIP: 3142GSNV6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |       219411 | PA      | $223606.45     | 0.00%             | 2054-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 6.0 RJ2216 08-01-54                                                                | CUSIP: 3142GSPA0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      3521310 | PA      | $3617005.13    | 0.01%             | 2054-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 6.5 RJ2228 08-01-54                                                                | CUSIP: 3142GSPN2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      1088707 | PA      | $1131140.40    | 0.00%             | 2054-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 5.5 FS8467 07-01-54                                                                | CUSIP: 3140XQMR5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     10879137 | PA      | $11156859.45   | 0.04%             | 2054-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 6.0 RJ2314 09-01-54                                                                | CUSIP: 3142GSSC3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      6178465 | PA      | $6364807.25    | 0.02%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.5 FA2843 03-01-55                                                                | CUSIP: 3140W3ER6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |        92446 | PA      | $95767.03      | 0.00%             | 2055-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 7.0 SL2928 01-01-55                                                                | CUSIP: 31427QHE5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      2239087 | PA      | $2342436.06    | 0.01%             | 2055-01-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 3.5 BV6044 09-01-55                                                                | CUSIP: 3140MKWE8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |       998371 | PA      | $924744.25     | 0.00%             | 2055-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.5 190445 03-01-55                                                                | CUSIP: 31368HP64<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      2057132 | PA      | $2129791.91    | 0.01%             | 2055-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 5.5 MA5822 09-01-55                                                                | CUSIP: 31418FPG6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      2883006 | PA      | $2925256.07    | 0.01%             | 2055-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                                                                 | ALTRIA GROUP INC EUR SR UNSEC 2.2% 06-15-27                                                  | CUSIP: 02209SAY9<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |      6300000 | PA      | $7442471.65    | 0.02%             | 2027-06-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| ADOBE INC                                                                        | ADOBE INC SR UNSEC 2.15% 02-01-27                                                            | CUSIP: 00724PAC3<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | DBT              | CORP              | US        |      3585000 | PA      | $3532486.92    | 0.01%             | 2027-02-01      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 4.0 RQ0082 01-01-56                                                                | CUSIP: 3142J6CU5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      8970560 | PA      | $8576447.83    | 0.03%             | 2056-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 4.0 RQ0073 12-01-55                                                                | CUSIP: 3142J6CK7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      3966993 | PA      | $3792706.83    | 0.01%             | 2055-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 4.0 MA5907 12-01-55                                                                | CUSIP: 31418FR58<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |       190911 | PA      | $182523.53     | 0.00%             | 2055-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 4.0 RQ0024 07-01-55                                                                | CUSIP: 3142J6A29<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |       382060 | PA      | $365275.03     | 0.00%             | 2055-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T INC EUR SR UNSEC 2.05% 05-19-32                                                         | CUSIP: 00206RJV5<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |      3440000 | PA      | $3791923.00    | 0.01%             | 2032-05-19      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T INC SR UNSEC 2.75% 06-01-31                                                             | CUSIP: 00206RJY9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |      2525000 | PA      | $2322598.53    | 0.01%             | 2031-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 4.0 MA5876 11-01-55                                                                | CUSIP: 31418FQ67<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |       608144 | PA      | $581425.67     | 0.00%             | 2055-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 4.0 DD2618 03-01-55                                                                | CUSIP: 3140B24C5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |       787623 | PA      | $753204.17     | 0.00%             | 2055-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 4.0 QX8690 03-01-55                                                                | CUSIP: 31426FUQ8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |       367413 | PA      | $351356.82     | 0.00%             | 2055-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 3.5 BV6163 08-01-55                                                                | CUSIP: 3140MKZ54<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |       649624 | PA      | $601715.73     | 0.00%             | 2055-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T INC SR UNSEC 2.3% 06-01-27                                                              | CUSIP: 00206RJX1<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |      1000000 | PA      | $979861.00     | 0.00%             | 2027-06-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | AMAZON.COM INC SR UNSEC 2.5% 06-03-50                                                        | CUSIP: 023135BT2<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |      4165000 | PA      | $2475013.77    | 0.01%             | 2050-06-03      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 6.5 SL1959 07-01-55                                                                | CUSIP: 31427PE91<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      1076190 | PA      | $1115321.19    | 0.00%             | 2055-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GINNIE MAE II POOL                                                               | G2SF 5.0 MA9170 09-20-53                                                                     | CUSIP: 36179YFK5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     41664146 | PA      | $41855134.52   | 0.13%             | 2053-09-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GCAT 2024-NQM2                                                                   | GCAT 2024-NQM2 A1 144A 6.085% 06-25-59                                                       | CUSIP: 36831CAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     12356115 | PA      | $12524355.54   | 0.04%             | 2059-06-25      | Variable      | 6.08%                 | Yes           |                  2 | On Loan: No      |
| HTL 2024-T53                                                                     | HTL 2024-T53 A 144A FRN 05-10-39                                                             | CUSIP: 404300AA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      4481000 | PA      | $4540319.48    | 0.01%             | 2039-05-10      | Variable      | 5.88%                 | Yes           |                  2 | On Loan: No      |
| HY 2025-SPRL                                                                     | HY 2025-SPRL A 144A FRN 01-13-40                                                             | CUSIP: 44855PAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      8259000 | PA      | $8566870.74    | 0.03%             | 2040-01-13      | Variable      | 5.47%                 | Yes           |                  2 | On Loan: No      |
| HOUSTON GALLERIA MALL TRUST 2025-HGLR                                            | HGMT 2025-HGLR A 144A FRN 02-05-45                                                           | CUSIP: 44216XAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      5233000 | PA      | $5448390.28    | 0.02%             | 2045-02-05      | Variable      | 5.46%                 | Yes           |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | AMERICAN TOWER CORP EUR SR UNSEC 0.45% 01-15-27                                              | CUSIP: 03027XBN9<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |      6520000 | PA      | $7603396.54    | 0.02%             | 2027-01-15      | Fixed         | 0.45%                 | No            |                  2 | On Loan: No      |
| ASTRAZENECA FINANCE LLC                                                          | ASTRAZENECA FINANCE LLC SR UNSEC 2.25% 05-28-31                                              | CUSIP: 04636NAB9<br>LEI: 549300C3HATU4Q460S18 | Long             | DBT              | CORP              | US        |      4757000 | PA      | $4331310.34    | 0.01%             | 2031-05-28      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| HHT 2025-MAUI                                                                    | HHT 2025-MAUI A 144A FRN 03-15-42                                                            | CUSIP: 419909AA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      5501000 | PA      | $5514785.51    | 0.02%             | 2042-03-15      | Variable      | 5.07%                 | Yes           |                  2 | On Loan: No      |
| INTOWN MORTGAGE TRUST TOWN_25-STAY                                               | TOWN 2025-STAY A 144A FRN 03-15-42                                                           | CUSIP: 46117WAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     18906000 | PA      | $18952641.10   | 0.06%             | 2042-03-15      | Variable      | 5.03%                 | Yes           |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T INC SR UNSEC 3.5% 09-15-53                                                              | CUSIP: 00206RKJ0<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |       652000 | PA      | $435831.36     | 0.00%             | 2053-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T INC SR UNSEC 2.55% 12-01-33                                                             | CUSIP: 00206RMM1<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |      8900000 | PA      | $7574078.00    | 0.02%             | 2033-12-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| KSL 2024-HT2                                                                     | KSL 2024-HT2 A 144A FRN 12-15-39                                                             | CUSIP: 500937AA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      8877976 | PA      | $8889961.71    | 0.03%             | 2039-12-15      | Variable      | 5.22%                 | Yes           |                  2 | On Loan: No      |
| MCAS 2024-01                                                                     | MCAS 2024-01 M7 144A FRN 07-25-54                                                            | CUSIP: 62548RAA7<br>LEI: 254900QY3MMJFMNKXA93 | Long             | ABS-CBDO         | CORP              | US        |      3288069 | PA      | $3332977.89    | 0.01%             | 2054-07-25      | Variable      | 6.45%                 | Yes           |                  2 | On Loan: No      |
| MFRA 2024-NQM3                                                                   | MFRA 2024-NQM3 A1 144A 5.722% 12-25-69                                                       | CUSIP: 55287GAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      3174260 | PA      | $3214937.79    | 0.01%             | 2069-12-25      | Variable      | 5.72%                 | Yes           |                  2 | On Loan: No      |
| MCAS 2025-01                                                                     | MCAS 2025-01 M1 144A FRN 05-25-55                                                            | CUSIP: 62549CAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      1986836 | PA      | $2020794.77    | 0.01%             | 2055-05-25      | Variable      | 6.10%                 | Yes           |                  2 | On Loan: No      |
| MCAS 2025-01                                                                     | MCAS 2025-01 M2 144A FRN 05-25-55                                                            | CUSIP: 62549CAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      1779000 | PA      | $1780798.57    | 0.01%             | 2055-05-25      | Variable      | 6.80%                 | Yes           |                  2 | On Loan: No      |
| MFA TRUST MFRA_25-NQM3                                                           | MFRA 2025-NQM3 A1 144A 5.261% 08-25-70                                                       | CUSIP: 58004LAA5<br>LEI: 2549007EHG79GWD49I44 | Long             | ABS-CBDO         | CORP              | US        |      5274415 | PA      | $5319368.35    | 0.02%             | 2070-08-25      | Variable      | 5.26%                 | Yes           |                  2 | On Loan: No      |
| NYKREDIT REALKREDIT A/S                                                          | NYKREDIT REALKREDIT A/S REG S 1.5% 10-01-40                                                  | CUSIP: N/A<br>LEI: LIU16F6VZJSD6UKHD557       | Long             | ABS-CBDO         | CORP              | DK        |    121245052 | PA      | $17547552.83   | 0.06%             | 2040-10-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| NYKREDIT REALKREDIT A/S                                                          | NYKREDIT REALKREDIT A/S REG S 0.5% 10-01-43                                                  | CUSIP: N/A<br>LEI: LIU16F6VZJSD6UKHD557       | Long             | ABS-CBDO         | CORP              | DK        |    148474443 | PA      | $19474758.54   | 0.06%             | 2043-10-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| FRANCE (REPUBLIC OF)                                                             | FRENCH REPUBLIC GOVERNMENT BOND OAT EUR 144A LIFE/REG S 3.25% 05-25-45                       | CUSIP: N/A<br>LEI: 969500KCGF3SUYJHPV70       | Long             | DBT              | NUSS              | FR        |      6700000 | PA      | $7076978.10    | 0.02%             | 2045-05-25      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| GERMANY (FEDERAL REPUBLIC OF)                                                    | BUNDESREPUBLIK DEUTSCHLAND BUNDESANLEIHE EUR REG S (B) 0.0% 08-15-50                         | CUSIP: N/A<br>LEI: 529900AQBND3S6YJLY83       | Long             | DBT              | NUSS              | DE        |     14895000 | PA      | $7596826.65    | 0.02%             | 2050-08-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| NYKREDIT REALKREDIT A/S                                                          | NYKREDIT REALKREDIT A/S REG S 1.0% 10-01-53                                                  | CUSIP: N/A<br>LEI: LIU16F6VZJSD6UKHD557       | Long             | ABS-CBDO         | CORP              | DK        |     45262473 | PA      | $5570523.86    | 0.02%             | 2053-10-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| NYKREDIT REALKREDIT A/S                                                          | NYKREDIT REALKREDIT A/S REG S 1.0% 10-01-50                                                  | CUSIP: N/A<br>LEI: LIU16F6VZJSD6UKHD557       | Long             | ABS-CBDO         | CORP              | DK        |     43833097 | PA      | $5418819.52    | 0.02%             | 2050-10-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| NYMT 2024-CP1                                                                    | NYMT 2024-CP1 A1 144A FRN 02-25-68                                                           | CUSIP: 67118PAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      3841227 | PA      | $3614455.90    | 0.01%             | 2068-02-25      | Variable      | 3.75%                 | Yes           |                  2 | On Loan: No      |
| NYC 2025-28L                                                                     | NYC 2025-28L A 144A FRN 11-05-38                                                             | CUSIP: 67123JAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      8497000 | PA      | $8543937.43    | 0.03%             | 2038-11-05      | Variable      | 4.67%                 | Yes           |                  2 | On Loan: No      |
| OBX 2024-NQM5                                                                    | OBX 2024-NQM5 A1 144A 5.988% 01-25-64                                                        | CUSIP: 67448NAA6<br>LEI: 254900RDM4XSF0B1E373 | Long             | ABS-CBDO         | CORP              | US        |      4596932 | PA      | $4654720.18    | 0.01%             | 2064-01-25      | Variable      | 5.99%                 | Yes           |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | IRS RECFIX NOK 4.162% 03-24-25/03-24-30 LCH                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $3435.30       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HELLENIC REPUBLIC TREASURY BILL                                                  | HELLENIC REPUBLIC GOVERNMENT BOND EUR 144A LIFE/REG S 1.5% 06-18-30                          | CUSIP: N/A<br>LEI: 2138003EKTMKZ5598902       | Long             | DBT              | NUSS              | GR        |      5405000 | PA      | $6131406.94    | 0.02%             | 2030-06-18      | Fixed         | 1.50%                 | Yes           |                  2 | On Loan: No      |
| GERMANY (FEDERAL REPUBLIC OF)                                                    | BUNDESREPUBLIK DEUTSCHLAND BUNDESANLEIHE EUR REG S (B) 0.0% 08-15-30                         | CUSIP: N/A<br>LEI: 529900AQBND3S6YJLY83       | Long             | DBT              | NUSS              | DE        |     41415000 | PA      | $44252687.51   | 0.14%             | 2030-08-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | IRS RECFIX NOK 4.165% 03-24-25/03-24-30 LCH                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $6302.07       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | IRS RECFIX NOK 4.165% 03-25-25/03-25-30 LCH                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $14133.17      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| EUREX CLEARING AG                                                                | EURO-SCHATZ 2YR FUT DUH6 03-06-26                                                            | CUSIP: N/A<br>LEI: 529900LN3S50JPU47S06       | N/A              | DIR              | CORP              | DE        |         1217 | NC      | $-2742.10      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| EUREX CLEARING AG                                                                | EURO-BOBL 5YR FUT OEH6 03-06-26                                                              | CUSIP: N/A<br>LEI: 529900LN3S50JPU47S06       | N/A              | DIR              | CORP              | DE        |         3069 | NC      | $-1007858.66   | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| EUREX CLEARING AG                                                                | EURO-BUND 10YR FUT RXH6 03-06-26                                                             | CUSIP: N/A<br>LEI: 529900LN3S50JPU47S06       | N/A              | DIR              | CORP              | DE        |          550 | NC      | $-133245.73    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| EUREX CLEARING AG                                                                | EURO-BUXL 30YR FUT UBH6 03-06-26                                                             | CUSIP: N/A<br>LEI: 529900LN3S50JPU47S06       | N/A              | DIR              | CORP              | DE        |          258 | NC      | $753357.16     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| EUREX CLEARING AG                                                                | FRA GB 10YR FUT OATH6 03-06-26                                                               | CUSIP: N/A<br>LEI: 529900LN3S50JPU47S06       | N/A              | DIR              | CORP              | DE        |           17 | NC      | $-10396.09     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| EUREX CLEARING AG                                                                | ITA GB 2YR FUT BTSH6 03-06-26                                                                | CUSIP: N/A<br>LEI: 529900LN3S50JPU47S06       | N/A              | DIR              | CORP              | DE        |         2986 | NC      | $147204.63     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| EUREX CLEARING AG                                                                | ITA GB 10YR FUT IKH6 03-06-26                                                                | CUSIP: N/A<br>LEI: 529900LN3S50JPU47S06       | N/A              | DIR              | CORP              | DE        |          525 | NC      | $-230758.31    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| JAPAN EXCHANGE GROUP INC                                                         | JPN GB 10YR FUT JBH6 03-13-26                                                                | CUSIP: N/A<br>LEI: 353800578ADEGIJTVW07       | N/A              | DIR              | CORP              | JP        |          181 | NC      | $-490224.25    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| CME CHICAGO MERCANTILE EXCHANGE                                                  | UST 10YR FUT TYH6 03-20-26                                                                   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | N/A              | DIR              | CORP              | US        |         2012 | NC      | $-1929883.87   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| CME CHICAGO MERCANTILE EXCHANGE                                                  | UST 30YR FUT ULTRA WNH6 03-20-26                                                             | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | N/A              | DIR              | CORP              | US        |          544 | NC      | $-1494880.22   | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| CME CHICAGO MERCANTILE EXCHANGE                                                  | UST 10YR FUT ULTRA UXYH6 03-20-26                                                            | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | N/A              | DIR              | CORP              | US        |           47 | NC      | $27118.53      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CME CHICAGO MERCANTILE EXCHANGE                                                  | UST 20YR FUT USH6 03-20-26                                                                   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | N/A              | DIR              | CORP              | US        |         1241 | NC      | $-2354766.69   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE INC                                                    | UKG 10YR FUT G H6 03-27-26                                                                   | CUSIP: N/A<br>LEI: 5493000F4ZO33MV32P92       | N/A              | DIR              | CORP              | US        |          460 | NC      | $263425.79     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CME CHICAGO MERCANTILE EXCHANGE                                                  | UST 5YR FUT FVH6 03-31-26                                                                    | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | N/A              | DIR              | CORP              | US        |         3060 | NC      | $-98851.28     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| HELLENIC REPUBLIC TREASURY BILL                                                  | HELLENIC REPUBLIC GOVERNMENT BOND EUR 144A LIFE/REG S 1.875% 01-24-52                        | CUSIP: N/A<br>LEI: 2138003EKTMKZ5598902       | Long             | DBT              | NUSS              | GR        |       686000 | PA      | $524847.73     | 0.00%             | 2052-01-24      | Fixed         | 1.88%                 | Yes           |                  2 | On Loan: No      |
| GERMANY (FEDERAL REPUBLIC OF)                                                    | BUNDESREPUBLIK DEUTSCHLAND BUNDESANLEIHE EUR REG S (B) 0.0% 08-15-52                         | CUSIP: N/A<br>LEI: 529900AQBND3S6YJLY83       | Long             | DBT              | NUSS              | DE        |      1860000 | PA      | $883774.44     | 0.00%             | 2052-08-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CME CHICAGO MERCANTILE EXCHANGE                                                  | UST 2YR FUT TUH6 03-31-26                                                                    | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | N/A              | DIR              | CORP              | US        |         5575 | NC      | $-1761219.64   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| TMX GROUP LTD                                                                    | CAN GB 2YR FUT CVH6 03-20-26                                                                 | CUSIP: N/A<br>LEI: 549300N65GFVKSHGJW59       | N/A              | DIR              | CORP              | CA        |         1201 | NC      | $-89760.02     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UNITEDHEALTH GROUP INC                                                                       | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |       418419 | NS      | $120056963.67  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| UNION PACIFIC CORP                                                               | UNION PACIFIC CORP                                                                           | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |       564478 | NS      | $132708777.80  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED RENTALS INC                                                               | UNITED RENTALS INC                                                                           | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |        54798 | NS      | $42855323.88   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| US BANCORP                                                                       | US BANCORP                                                                                   | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |       839866 | NS      | $47124881.26   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| VERTEX PHARMACEUTICALS INC                                                       | VERTEX PHARMACEUTICALS INC                                                                   | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |       773820 | NS      | $363618018.00  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| VERSANT MEDIA GROUP INC                                                          | VERSANT MEDIA GROUP INC CL A                                                                 | CUSIP: 925283103<br>LEI: 254900D2Q5F5F229PU30 | Long             | EC               | CORP              | US        |       111671 | NS      | $3638241.18    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO & CO                                                                 | WELLS FARGO & CO                                                                             | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |       540015 | NS      | $48865957.35   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| WASTE MANAGEMENT INC                                                             | WASTE MANAGEMENT INC                                                                         | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |       510466 | NS      | $113445963.84  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                              | AUD FWD SALE TO USD 2/9/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-4876727.44   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | AUD FWD PUR FROM USD 2/9/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $975113.89     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | AUD FWD PUR FROM USD 2/9/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $43550.84      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | AUD FWD SALE TO USD 2/9/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-41280.56     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | AUD FWD SALE TO USD 2/9/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-852524.39    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | AUD FWD SALE TO USD 2/9/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-39545.01     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | AUD FWD SALE TO USD 2/9/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-900872.73    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | AUD FWD SALE TO USD 2/9/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-730679.34    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | AUD FWD PUR FROM USD 2/9/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $16169.16      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BRL FWD SALE TO USD NDF 2/10/2026                                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-3403810.51   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BRL FWD PUR FROM USD NDF 2/24/2026                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $2213763.46    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BRL FWD SALE TO USD NDF 2/24/2026                                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-1308748.39   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | COP FWD SALE TO USD NDF 2/9/2026                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-83304.10     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | CHF FWD SALE TO USD 2/9/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-1281041.15   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | CAD FWD SALE TO EUR 2/6/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-2064.25      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HELLENIC REPUBLIC TREASURY BILL                                                  | HELLENIC REPUBLIC GOVERNMENT BOND EUR 144A LIFE/REG S 1.75% 06-18-32                         | CUSIP: N/A<br>LEI: 2138003EKTMKZ5598902       | Long             | DBT              | NUSS              | GR        |     35350000 | PA      | $39101300.94   | 0.12%             | 2032-06-18      | Fixed         | 1.75%                 | Yes           |                  2 | On Loan: No      |
| GERMANY (FEDERAL REPUBLIC OF)                                                    | DEUTSCHLAND REP EUR REG S (B) 0.0% 04-16-27                                                  | CUSIP: N/A<br>LEI: 529900AQBND3S6YJLY83       | Long             | DBT              | NUSS              | DE        |      2390000 | PA      | $2766680.46    | 0.01%             | 2027-04-16      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| GERMANY (FEDERAL REPUBLIC OF)                                                    | BUNDESOBLIGATION EUR REG S (B) 2.4% 04-18-30                                                 | CUSIP: N/A<br>LEI: 529900AQBND3S6YJLY83       | Long             | DBT              | NUSS              | DE        |      7040000 | PA      | $8371959.80    | 0.03%             | 2030-04-18      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| HUNGARY (REPUBLIC OF)                                                            | HUNGARY GOVERNMENT BOND HUF 3.0% 08-21-30                                                    | CUSIP: N/A<br>LEI: 5299003F3UFKGCCMAP43       | Long             | DBT              | NUSS              | HU        |  36548270000 | PA      | $99800443.38   | 0.32%             | 2030-08-21      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HUNGARY (REPUBLIC OF)                                                            | HUNGARY GOVT BOND HUF 3.0% 04-25-41                                                          | CUSIP: N/A<br>LEI: 5299003F3UFKGCCMAP43       | Long             | DBT              | NUSS              | HU        |  13230080000 | PA      | $26345149.13   | 0.08%             | 2041-04-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HUNGARY (REPUBLIC OF)                                                            | HUNGARY GOVERNMENT BOND HUF 4.5% 05-27-32                                                    | CUSIP: N/A<br>LEI: 5299003F3UFKGCCMAP43       | Long             | DBT              | NUSS              | HU        |  22398420000 | PA      | $63269968.87   | 0.20%             | 2032-05-27      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ITALY                                                                | ITALY BUONI POLIENNALI DEL TESORO EUR REG S (B) 1.35% 04-01-30                               | CUSIP: N/A<br>LEI: 815600DE60799F5A9309       | Long             | DBT              | NUSS              | IT        |     15565000 | PA      | $17580204.18   | 0.06%             | 2030-04-01      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ITALY                                                                | ITALY BUONI POLIENNALI DEL TESORO EUR REG S (B) 0.95% 09-15-27                               | CUSIP: N/A<br>LEI: 815600DE60799F5A9309       | Long             | DBT              | NUSS              | IT        |       626000 | PA      | $728800.95     | 0.00%             | 2027-09-15      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| INDONESIA (REPUBLIC OF)                                                          | INDONESIA TREASURY BOND IDR 6.375% 08-15-28                                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |   7216000000 | PA      | $440939.09     | 0.00%             | 2028-08-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| INDONESIA (REPUBLIC OF)                                                          | INDONESIA TREASURY BOND IDR 7.0% 02-15-33                                                    | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        | 248331000000 | PA      | $15331868.65   | 0.05%             | 2033-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ITALY                                                                | ITALY BUONI POLIENNALI DEL TESORO EUR REG S (B) 4.4% 05-01-33                                | CUSIP: N/A<br>LEI: 815600DE60799F5A9309       | Long             | DBT              | NUSS              | IT        |       660000 | PA      | $849804.70     | 0.00%             | 2033-05-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF IRELAND                                                              | IRELAND GOVT EUR REG S 3.00% 10-18-43                                                        | CUSIP: N/A<br>LEI: 549300KXBEJAOJ9OVF93       | Long             | DBT              | NUSS              | IE        |      4770000 | PA      | $5311542.07    | 0.02%             | 2043-10-18      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ITALY                                                                | ITALY BUONI POLIENNALI DEL TESORO EUR 144A LIFE/REG S 4.5% 10-01-53                          | CUSIP: N/A<br>LEI: 815600DE60799F5A9309       | Long             | DBT              | NUSS              | IT        |     14420000 | PA      | $17704564.84   | 0.06%             | 2053-10-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF ITALY                                                                | ITALY BUONI POLIENNALI DEL TESORO EUR REG S (B) 4.35% 11-01-33                               | CUSIP: N/A<br>LEI: 815600DE60799F5A9309       | Long             | DBT              | NUSS              | IT        |     63090000 | PA      | $80957353.11   | 0.26%             | 2033-11-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| INDONESIA (REPUBLIC OF)                                                          | INDONESIA TREASURY BOND IDR 6.625% 02-15-34                                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        | 144009000000 | PA      | $8720973.98    | 0.03%             | 2034-02-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ITALY                                                                | ITALY BUONI POLIENNALI DEL TESORO EUR REG S (B) 4.2% 03-01-34                                | CUSIP: N/A<br>LEI: 815600DE60799F5A9309       | Long             | DBT              | NUSS              | IT        |     64634000 | PA      | $82079242.14   | 0.26%             | 2034-03-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ITALY                                                                | ITALY BUONI POLIENNALI DEL TESORO EUR 144A LIFE/REG S 3.5% 02-15-31                          | CUSIP: N/A<br>LEI: 815600DE60799F5A9309       | Long             | DBT              | NUSS              | IT        |      1200000 | PA      | $1473563.12    | 0.00%             | 2031-02-15      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF IRELAND                                                              | IRELAND GOVERNMENT BOND EUR REG S 2.6% 10-18-34                                              | CUSIP: N/A<br>LEI: 549300KXBEJAOJ9OVF93       | Long             | DBT              | NUSS              | IE        |      6830000 | PA      | $7883988.80    | 0.03%             | 2034-10-18      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| INDONESIA (REPUBLIC OF)                                                          | INDONESIA GOVERNMENT INTERNATIONAL BOND JPY REG S 0.99% 05-27-27                             | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |   1000000000 | PA      | $6408497.03    | 0.02%             | 2027-05-27      | Fixed         | 0.99%                 | No            |                  2 | On Loan: No      |
| INDONESIA (REPUBLIC OF)                                                          | INDONESIA GOVERNMENT INTERNATIONAL BOND JPY REG S 1.33% 05-25-29                             | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |   2200000000 | PA      | $13855678.47   | 0.04%             | 2029-05-25      | Fixed         | 1.33%                 | No            |                  2 | On Loan: No      |
| INDONESIA (REPUBLIC OF)                                                          | INDONESIA TREASURY BOND IDR 6.75% 07-15-35                                                   | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |  93110000000 | PA      | $5699763.18    | 0.02%             | 2035-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ITALY                                                                | ITALY BUONI POLIENNALI DEL TESORO EUR 144A LIFE/REG S 4.3% 10-01-54                          | CUSIP: N/A<br>LEI: 815600DE60799F5A9309       | Long             | DBT              | NUSS              | IT        |     13360000 | PA      | $15841977.10   | 0.05%             | 2054-10-01      | Fixed         | 4.30%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                              | PLN FWD PUR FROM USD 2/9/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $749.76        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | RON FWD SALE TO USD 2/9/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-62369.02     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SEK FWD SALE TO USD 2/9/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-199203.39    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GENERAL DYNAMICS CORP                                                            | GENERAL DYNAMICS CORP                                                                        | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |       485567 | NS      | $170477718.03  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| GE HEALTHCARE TECHNOLOGIES INC                                                   | GE HEALTHCARE TECHNOLOGIES INC                                                               | CUSIP: 36266G107<br>LEI: 549300OI9J7XOWZMUN85 | Long             | EC               | CORP              | US        |       359085 | NS      | $28356942.45   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| GFL ENVIRONMENTAL INC                                                            | GFL ENVIRONMENTAL INC S/V (USD)                                                              | CUSIP: 36168Q104<br>LEI: 894500E7NLBY9VZRT696 | Long             | EC               | CORP              | CA        |       782998 | NS      | $33629764.10   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| GILEAD SCIENCES INC                                                              | GILEAD SCIENCES INC                                                                          | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |      1279917 | NS      | $181684218.15  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| NETFLIX INC                                                                      | NETFLIX INC                                                                                  | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |       614230 | NS      | $51282062.70   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL GRID PLC                                                                | NATIONAL GRID PLC                                                                            | CUSIP: N/A<br>LEI: 8R95QZMKZLJX5Q2XR704       | Long             | EC               | CORP              | GB        |      8500000 | NS      | $143584385.69  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| NOVO NORDISK AS                                                                  | NOVO NORDISK AS CL B                                                                         | CUSIP: N/A<br>LEI: 549300DAQ1CVT6CXN342       | Long             | EC               | CORP              | DK        |      4613842 | NS      | $270627078.04  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORP                                                                      | NVIDIA CORP                                                                                  | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |      3659895 | NS      | $699515731.35  | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NATWEST GROUP PLC                                                                            | CUSIP: N/A<br>LEI: 2138005O9XJIJN4JPN90       | Long             | EC               | CORP              | GB        |     10438375 | NS      | $95012846.62   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| OMNICOM GROUP INC                                                                | OMNICOM GROUP INC                                                                            | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |       814397 | NS      | $62741144.88   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| PAYCHEX INC                                                                      | PAYCHEX INC                                                                                  | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |       392567 | NS      | $40485434.71   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| PACCAR INC                                                                       | PACCAR INC                                                                                   | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |       298729 | NS      | $36716781.39   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| PG&E CORP                                                                        | PG&E CORP                                                                                    | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |      5334000 | NS      | $82250280.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| POWER GRID CORP OF INDIA LTD                                                     | POWER GRID CORP OF INDIA LTD                                                                 | CUSIP: N/A<br>LEI: 3358009SHWZ3DZEQ4Z56       | Long             | EC               | CORP              | IN        |     40000000 | NS      | $111536893.60  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| PHILIP MORRIS INTERNATIONAL INC                                                  | PHILIP MORRIS INTERNATIONAL INC                                                              | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |      1963557 | NS      | $352340668.08  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| PINNACLE WEST CAPITAL CORP                                                       | PINNACLE WEST CAPITAL CORP                                                                   | CUSIP: 723484101<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | EC               | CORP              | US        |       852721 | NS      | $79780576.76   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                              | USD P JPY C FX OPT @ 147 02-18-26                                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | FR        |    135030000 | PA      | $102792.74     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| QANTAS AIRWAYS LTD                                                               | QANTAS AIRWAYS LTD                                                                           | CUSIP: N/A<br>LEI: YLXNW6TI6QSK1H8H0N82       | Long             | EC               | CORP              | AU        |      6567745 | NS      | $46054633.85   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| FERRARI NV                                                                       | FERRARI NV                                                                                   | CUSIP: N/A<br>LEI: 549300RIVY5EX8RCON76       | Long             | EC               | CORP              | IT        |       264315 | NS      | $88061828.55   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| FERRARI NV                                                                       | FERRARI NV (EUR)                                                                             | CUSIP: N/A<br>LEI: 549300RIVY5EX8RCON76       | Long             | EC               | CORP              | IT        |       126817 | NS      | $42210566.81   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD                                                      | ROYAL CARIBBEAN CRUISES LTD                                                                  | CUSIP: N/A<br>LEI: K2NEH8QNVW44JIWK7Z55       | Long             | EC               | CORP              | US        |       240558 | NS      | $78097154.70   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| RHEINMETALL AG                                                                   | RHEINMETALL AG                                                                               | CUSIP: N/A<br>LEI: 5299001OU9CSE29O6S05       | Long             | EC               | CORP              | DE        |        23399 | NS      | $49411692.42   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| VIKING HOLDINGS LTD                                                              | VIKING HOLDINGS LTD                                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BM        |       680612 | NS      | $49106155.80   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| VOLVO AB                                                                         | VOLVO AB CL B                                                                                | CUSIP: 928856301<br>LEI: 549300HGV012CNC8JD22 | Long             | EC               | CORP              | SE        |      5218762 | NS      | $189826425.82  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| AMPRION GMBH                                                                     | AMPRION GMBH EUR REG S SR UNSEC (B) 3.97% 09-22-32                                           | CUSIP: N/A<br>LEI: 529900ZIV0ETYHYZM863       | Long             | DBT              | CORP              | DE        |      5400000 | PA      | $6634644.12    | 0.02%             | 2032-09-22      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| AIB GROUP PLC                                                                    | AIB GROUP PLC EUR REG S SR UNSEC (B) 5.75% 02-16-29/28                                       | CUSIP: N/A<br>LEI: 635400AKJBGNS5WNQL34       | Long             | DBT              | CORP              | IE        |      3310000 | PA      | $4160774.84    | 0.01%             | 2029-02-16      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | AMGEN INC SR UNSEC 5.25% 03-02-33                                                            | CUSIP: 031162DR8<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     10792000 | PA      | $11171252.46   | 0.04%             | 2033-03-02      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                                    | BOEING CO SR UNSEC 3.25% 02-01-28                                                            | CUSIP: 097023DB8<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |       650000 | PA      | $640665.35     | 0.00%             | 2028-02-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY ENERGY CO                                                     | BERKSHIRE HATHAWAY ENERGY CO SR UNSEC 2.85% 05-15-51                                         | CUSIP: 084659BC4<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |      1142000 | PA      | $709926.58     | 0.00%             | 2051-05-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                                                               | BMW US CAPITAL LLC 144A LIFE SR UNSEC 1.25% 08-12-26                                         | CUSIP: 05565EBW4<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |       325000 | PA      | $320545.88     | 0.00%             | 2026-08-12      | Fixed         | 1.25%                 | Yes           |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL INC                                                      | HONEYWELL INTERNATIONAL INC EUR SR UNSEC 3.75% 03-01-36                                      | CUSIP: 438516CW4<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |      3795000 | PA      | $4500265.60    | 0.01%             | 2036-03-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CAS 2023-R05                                                                     | CAS 2023-R05 1M1 144A FRN 06-25-43                                                           | CUSIP: 207942AA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      3479200 | PA      | $3509333.12    | 0.01%             | 2043-06-25      | Variable      | 5.60%                 | Yes           |                  2 | On Loan: No      |
| FANNIE MAE CONNECTICUT AVENUE SECURITIES TRUST CAS_23-R06                        | CAS 2023-R06 1M1 144A FRN 07-25-43                                                           | CUSIP: 20754EAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      2222088 | PA      | $2231533.70    | 0.01%             | 2043-07-25      | Variable      | 5.40%                 | Yes           |                  2 | On Loan: No      |
| FANNIE MAE - CAS_24-R01                                                          | CAS 2024-R01 1M2 144A FRN 01-25-44                                                           | CUSIP: 20753UAB6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      3943000 | PA      | $3990189.82    | 0.01%             | 2044-01-25      | Variable      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| CAS 2024-R04                                                                     | CAS 2024-R04 1M1 144A FRN 05-25-44                                                           | CUSIP: 20753GAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      2007741 | PA      | $2008949.53    | 0.01%             | 2044-05-25      | Variable      | 4.80%                 | Yes           |                  2 | On Loan: No      |
| CAS 2024-R04                                                                     | CAS 2024-R04 1M2 144A FRN 05-25-44                                                           | CUSIP: 20753GAC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      8122000 | PA      | $8157485.02    | 0.03%             | 2044-05-25      | Variable      | 5.35%                 | Yes           |                  2 | On Loan: No      |
| CFMT 2024-HB15                                                                   | CFMT 2024-HB15 A 144A FRN 08-25-34                                                           | CUSIP: 15723AAA9<br>LEI: 98450050957GF5E1CD92 | Long             | ABS-CBDO         | CORP              | US        |      4178202 | PA      | $4170485.24    | 0.01%             | 2034-08-25      | Variable      | 4.00%                 | Yes           |                  2 | On Loan: No      |
| CAS 2025-R01                                                                     | CAS 2025-R01 1A1 144A FRN 01-25-45                                                           | CUSIP: 20755JAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      3872248 | PA      | $3876386.96    | 0.01%             | 2045-01-25      | Variable      | 4.65%                 | Yes           |                  2 | On Loan: No      |
| CAS 2025-R02                                                                     | CAS 2025-R02 1A1 144A FRN 02-25-45                                                           | CUSIP: 20754TAB8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      1292623 | PA      | $1294343.27    | 0.00%             | 2045-02-25      | Variable      | 4.70%                 | Yes           |                  2 | On Loan: No      |
| CAS 2025-R02                                                                     | CAS 2025-R02 1M1 144A FRN 02-25-45                                                           | CUSIP: 20754TAC6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      1987232 | PA      | $1990101.36    | 0.01%             | 2045-02-25      | Variable      | 4.85%                 | Yes           |                  2 | On Loan: No      |
| CIM 2025-R1                                                                      | CIM 2025-R1 A1 144A 5.0% 02-25-99                                                            | CUSIP: 12575LAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      2153169 | PA      | $2157845.58    | 0.01%             | 2099-02-25      | Variable      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CAS 2025-R04                                                                     | CAS 2025-R04 1M1 144A FRN 05-25-45                                                           | CUSIP: 20755TAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      1634344 | PA      | $1638131.16    | 0.01%             | 2045-05-25      | Variable      | 4.90%                 | Yes           |                  2 | On Loan: No      |
| DURST 2025-151                                                                   | DURST 2025-151 A 144A FRN 08-10-42                                                           | CUSIP: 266895AA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      9024000 | PA      | $9227770.94    | 0.03%             | 2042-08-10      | Variable      | 5.32%                 | Yes           |                  2 | On Loan: No      |
| EXTENDED STAY AMERICA TRUST 2025-ESH                                             | ESA 2025-ESH A 144A FRN 10-15-42                                                             | CUSIP: 30227TAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      3482000 | PA      | $3501614.11    | 0.01%             | 2042-10-15      | Variable      | 4.98%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCT UMBS 4.5 MA3539 12-01-38                                                                | CUSIP: 31418C4Z4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |        65447 | PA      | $66269.07      | 0.00%             | 2038-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 2.0 MA4577 04-01-52                                                                | CUSIP: 31418ECP3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      9214160 | PA      | $7503836.92    | 0.02%             | 2052-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.0 SD8276 12-01-52                                                                | CUSIP: 3132DWFR9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |          787 | PA      | $790.96        | 0.00%             | 2052-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 2.0 CB3394 04-01-52                                                                | CUSIP: 3140QNXY3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |       690404 | PA      | $561028.54     | 0.00%             | 2052-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 2.0 CB3346 04-01-52                                                                | CUSIP: 3140QNWG3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |        42566 | PA      | $34589.25      | 0.00%             | 2052-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 5.5 MA4919 02-01-53                                                                | CUSIP: 31418EPD6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |        17152 | PA      | $17464.00      | 0.00%             | 2053-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 5.5 MA5010 05-01-53                                                                | CUSIP: 31418ER85<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |         2974 | PA      | $3027.25       | 0.00%             | 2053-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 5.5 MA5039 06-01-53                                                                | CUSIP: 31418ES50<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |        10696 | PA      | $10887.82      | 0.00%             | 2053-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.5 SD8342 07-01-53                                                                | CUSIP: 3132DWHT3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |       130224 | PA      | $132514.54     | 0.00%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JAPAN (GOVERNMENT OF)                                                            | JAPAN GOVERNMENT THIRTY YEAR BOND JPY 0.6% 06-20-50                                          | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        |   5319450000 | PA      | $18187940.62   | 0.06%             | 2050-06-20      | Fixed         | 0.60%                 | No            |                  2 | On Loan: No      |
| JAPAN (GOVERNMENT OF)                                                            | JAPAN GOVERNMENT TWENTY YEAR BOND JPY 0.4% 06-20-40                                          | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        |   3239500000 | PA      | $15078662.61   | 0.05%             | 2040-06-20      | Fixed         | 0.40%                 | No            |                  2 | On Loan: No      |
| JAPAN (GOVERNMENT OF)                                                            | JAPAN GOVERNMENT THIRTY YEAR BOND JPY 0.7% 03-20-51                                          | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        |   1806100000 | PA      | $6175272.50    | 0.02%             | 2051-03-20      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| JAPAN (GOVERNMENT OF)                                                            | JAPAN GOVERNMENT TWENTY YEAR BOND JPY 0.5% 03-20-41                                          | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        |   8267300000 | PA      | $38100308.26   | 0.12%             | 2041-03-20      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| JAPAN (GOVERNMENT OF)                                                            | JAPAN GOVERNMENT TEN YEAR BOND JPY 0.1% 06-20-31                                             | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        |  10914500000 | PA      | $64742957.77   | 0.21%             | 2031-06-20      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| JAPAN (GOVERNMENT OF)                                                            | JAPAN GOVERNMENT TWENTY YEAR BOND JPY 0.5% 12-20-41                                          | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        |   7442150000 | PA      | $33409752.20   | 0.11%             | 2041-12-20      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| JAPAN (GOVERNMENT OF)                                                            | JAPAN GOVERNMENT THIRTY YEAR BOND JPY 1.0% 03-20-52                                          | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        |    158000000 | PA      | $572507.02     | 0.00%             | 2052-03-20      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| JAPAN (GOVERNMENT OF)                                                            | JAPAN GOVERNMENT FIVE YEAR BOND JPY 0.005% 03-20-27                                          | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        |    831600000 | PA      | $5312514.00    | 0.02%             | 2027-03-20      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| JAPAN (GOVERNMENT OF)                                                            | JAPAN GOVERNMENT THIRTY YEAR BOND JPY 1.4% 09-20-52                                          | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        |   2924750000 | PA      | $11776805.61   | 0.04%             | 2052-09-20      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| JAPAN (GOVERNMENT OF)                                                            | JAPAN GOVERNMENT THIRTY YEAR BOND JPY 1.6% 12-20-52                                          | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        |   4084300000 | PA      | $17295226.45   | 0.05%             | 2052-12-20      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| JAPAN (GOVERNMENT OF)                                                            | JAPAN GOVERNMENT THIRTY YEAR BOND JPY 2.1% 09-20-54                                          | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        |     30300000 | PA      | $143616.64     | 0.00%             | 2054-09-20      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| JAPAN (GOVERNMENT OF)                                                            | JAPAN GOVERNMENT TWENTY YEAR BOND JPY 2.4% 03-20-45                                          | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        |  13859550000 | PA      | $80217205.49   | 0.25%             | 2045-03-20      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| JAPAN (GOVERNMENT OF)                                                            | JAPAN GOVERNMENT TWO YEAR BOND JPY 0.7% 07-01-27                                             | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        |   7112800000 | PA      | $45702819.33   | 0.14%             | 2027-07-01      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| JAPAN (GOVERNMENT OF)                                                            | JAPAN GOVERNMENT THIRTY YEAR BOND JPY 1.7% 03-20-44                                          | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        |   1425550000 | PA      | $7475202.48    | 0.02%             | 2044-03-20      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.5 SD8469 10-01-54                                                                | CUSIP: 3132DWMS9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |       190963 | PA      | $193806.15     | 0.00%             | 2054-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING AESOP_23-2                                        | AESOP 2023-2A A 144A 5.2% 10-20-27                                                           | CUSIP: 05377RGJ7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      8068000 | PA      | $8109090.32    | 0.03%             | 2027-10-20      | Fixed         | 5.20%                 | Yes           |                  2 | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING AESOP_23-6                                        | AESOP 2023-6A A 144A 5.81% 12-20-29                                                          | CUSIP: 05377RHG2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      7122000 | PA      | $7416487.58    | 0.02%             | 2029-12-20      | Fixed         | 5.81%                 | Yes           |                  2 | On Loan: No      |
| APOLLO AVIATION SECURITIZATION EQUITY TRUST AASET_25-1                           | AASET 2025-1A A 144A 5.943% 02-16-50                                                         | CUSIP: 00258PAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      1523293 | PA      | $1555926.60    | 0.00%             | 2050-02-16      | Fixed         | 5.94%                 | Yes           |                  2 | On Loan: No      |
| DEUTSCHE BANK AG (NEW YORK BRANCH)                                               | DEUTSCHE BANK AG SR NON PREF 2.311% 11-16-27/26                                              | CUSIP: 251526CP2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10270000 | PA      | $10126363.78   | 0.03%             | 2027-11-16      | Variable      | 2.31%                 | No            |                  2 | On Loan: No      |
| DNB BANK ASA                                                                     | DNB BANK ASA GBP REG S SR NON PREF (B) 4.0% 08-17-27/26                                      | CUSIP: N/A<br>LEI: 549300GKFG0RYRRQ1414       | Long             | DBT              | CORP              | NO        |      4310000 | PA      | $5892610.91    | 0.02%             | 2027-08-17      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCKS FINANCE NORTH AMERICA LLC                                         | DAIMLER TRUCK FINANCE NORTH AMERICA LLC 144A LIFE SR UNSEC 5.375% 01-18-34                   | CUSIP: 233853AW0<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |      1637000 | PA      | $1673241.54    | 0.01%             | 2034-01-18      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| GENERAL MOTORS FINANCIAL CO INC                                                  | GENERAL MOTORS FINANCIAL CO INC EUR REG S SR UNSEC 3.7% 07-14-31                             | CUSIP: N/A<br>LEI: 5493008B6JBRUJ90QL97       | Long             | DBT              | CORP              | US        |      9290000 | PA      | $11228065.16   | 0.04%             | 2031-07-14      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINANCIAL CO INC                                                  | GENERAL MOTORS FINANCIAL CO INC SR UNSEC 6.15% 07-15-35                                      | CUSIP: 37045XFK7<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |       400000 | PA      | $423402.80     | 0.00%             | 2035-07-15      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE GLOBAL FUNDING                                                     | NEW YORK LIFE GLOBAL FUNDING GIC 144A LIFE SR SEC 1ST LIEN 1.2% 08-07-30                     | CUSIP: 64952WDS9<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |      6520000 | PA      | $5712119.84    | 0.02%             | 2030-08-07      | Fixed         | 1.20%                 | Yes           |                  2 | On Loan: No      |
| ROLLS-ROYCE HOLDINGS PLC                                                         | ROLLS-ROYCE HOLDINGS PLC                                                                     | CUSIP: N/A<br>LEI: 213800EC7997ZBLZJH69       | Long             | EC               | CORP              | GB        |      6085567 | NS      | $100842217.19  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.5 RJ2298 09-01-54                                                                | CUSIP: 3142GSRU4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      2604330 | PA      | $2647314.68    | 0.01%             | 2054-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 6.0 RJ2309 09-01-54                                                                | CUSIP: 3142GSR75<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      2813153 | PA      | $2889603.57    | 0.01%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 6.0 RJ2306 09-01-54                                                                | CUSIP: 3142GSR42<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      4556005 | PA      | $4740117.36    | 0.02%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 5.5 CB9146 09-01-54                                                                | CUSIP: 3140QVEU4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |       640043 | PA      | $652282.25     | 0.00%             | 2054-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 5.5 CB9210 09-01-54                                                                | CUSIP: 3140QVGU2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      1121373 | PA      | $1138597.05    | 0.00%             | 2054-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.5 SD6286 08-01-54                                                                | CUSIP: 3132DT6X3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |       323745 | PA      | $330800.46     | 0.00%             | 2054-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 DC1873 09-01-54                                                                | CUSIP: 3140APCK8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |        70278 | PA      | $72240.49      | 0.00%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.5 SD8401 02-01-54                                                                | CUSIP: 3132DWKN2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      1895666 | PA      | $1925265.39    | 0.01%             | 2054-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 MA5295 03-01-54                                                                | CUSIP: 31418E3D0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |       783178 | PA      | $803549.72     | 0.00%             | 2054-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 MA5471 09-01-54                                                                | CUSIP: 31418FCH8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     61662852 | PA      | $63165452.88   | 0.20%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 2.0 FS9189 05-01-52                                                                | CUSIP: 3140XRF75<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      1431336 | PA      | $1169013.39    | 0.00%             | 2052-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 2.0 FS3056 10-01-52                                                                | CUSIP: 3140XJME0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      3961629 | PA      | $3229381.37    | 0.01%             | 2052-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.5 SD8462 09-01-54                                                                | CUSIP: 3132DWMK6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |         8222 | PA      | $8344.18       | 0.00%             | 2054-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 4.0 MA5528 11-01-54                                                                | CUSIP: 31418FEA1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |       920467 | PA      | $880242.20     | 0.00%             | 2054-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.0 RJ2860 11-01-54                                                                | CUSIP: 3142GTFA9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      2712784 | PA      | $2716394.54    | 0.01%             | 2054-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.5 SD8493 12-01-54                                                                | CUSIP: 3132DWNJ8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |        73766 | PA      | $74864.72      | 0.00%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 4.0 SD8484 11-01-54                                                                | CUSIP: 3132DWM91<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |     11785413 | PA      | $11270390.70   | 0.04%             | 2054-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 4.0 SD8487 12-01-54                                                                | CUSIP: 3132DWNC3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      6314786 | PA      | $6038829.79    | 0.02%             | 2054-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 4.0 MA5550 12-01-54                                                                | CUSIP: 31418FEY9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     18313636 | PA      | $17513329.93   | 0.06%             | 2054-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.0 RJ3017 12-01-54                                                                | CUSIP: 3142GTK70<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      2959592 | PA      | $2962030.39    | 0.01%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 5.0 MA5552 12-01-54                                                                | CUSIP: 31418FE29<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |       981054 | PA      | $981931.81     | 0.00%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FMBT 2024-FBLU                                                                   | FMBT 2024-FBLU A 144A FRN 12-15-39                                                           | CUSIP: 34461WAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      1506000 | PA      | $1511593.28    | 0.00%             | 2039-12-15      | Variable      | 5.13%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 5.5 MA5531 11-01-54                                                                | CUSIP: 31418FED5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |       671963 | PA      | $681968.49     | 0.00%             | 2054-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TCN 2024-SFR4                                                                    | TCN 2024-SFR4 A 144A 4.3% 11-17-41                                                           | CUSIP: 895975AA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      4626616 | PA      | $4593735.13    | 0.01%             | 2041-11-17      | Fixed         | 4.30%                 | Yes           |                  2 | On Loan: No      |
| UNIFORM MBS                                                                      | FNCL 3.5 UMBS TBA 03-01-56                                                                   | CUSIP: 01F032633<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     20399080 | PA      | $18847403.58   | 0.06%             | 2056-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UNIFORM MBS                                                                      | FNCL 2.0 UMBS TBA 03-01-56                                                                   | CUSIP: 01F020638<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     46888473 | PA      | $38024629.18   | 0.12%             | 2056-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| UNIFORM MBS                                                                      | FNCL 4.0 UMBS TBA 03-01-56                                                                   | CUSIP: 01F040636<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     33528749 | PA      | $31990114.71   | 0.10%             | 2056-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNIFORM MBS                                                                      | FNCL 4.5 UMBS TBA 03-01-56                                                                   | CUSIP: 01F042632<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     21642772 | PA      | $21178794.25   | 0.07%             | 2056-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UNIFORM MBS                                                                      | FNCL 3.5 UMBS TBA 02-01-56                                                                   | CUSIP: 01F032625<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     14735490 | PA      | $13631315.53   | 0.04%             | 2056-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UNIFORM MBS                                                                      | FNCL 2.0 UMBS TBA 02-01-56                                                                   | CUSIP: 01F020620<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     24266527 | PA      | $19692432.26   | 0.06%             | 2056-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| UNIFORM MBS                                                                      | FNCL 7.0 UMBS TBA 02-01-56                                                                   | CUSIP: 01F070625<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      4220000 | PA      | $4418057.26    | 0.01%             | 2056-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| UNIFORM MBS                                                                      | FNCL 4.0 UMBS TBA 02-01-56                                                                   | CUSIP: 01F040628<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     33711451 | PA      | $32199998.09   | 0.10%             | 2056-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNIFORM MBS                                                                      | FNCL 4.5 UMBS TBA 02-01-56                                                                   | CUSIP: 01F042624<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       793967 | PA      | $777969.36     | 0.00%             | 2056-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UNIFORM MBS                                                                      | FNCL 6.5 UMBS TBA 02-01-56                                                                   | CUSIP: 01F062622<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       965993 | PA      | $1000481.85    | 0.00%             | 2056-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| VERUS 2026-R1                                                                    | VERUS 2026-R1 A1 144A 4.832% 10-25-67                                                        | CUSIP: 924932AC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      3239000 | PA      | $3246255.36    | 0.01%             | 2067-10-25      | Variable      | 4.83%                 | Yes           |                  2 | On Loan: No      |
| VERUS 2024-4                                                                     | VERUS 2024-4 A2 144A 6.572% 06-25-69                                                         | CUSIP: 92540GAB4<br>LEI: 213800WNY873LW1L3M73 | Long             | ABS-CBDO         | CORP              | US        |      5598366 | PA      | $5688214.64    | 0.02%             | 2069-06-25      | Variable      | 6.57%                 | Yes           |                  2 | On Loan: No      |
| VERUS 2024-4                                                                     | VERUS 2024-4 A1 144A 6.218% 06-25-69                                                         | CUSIP: 92540GAA6<br>LEI: 213800WNY873LW1L3M73 | Long             | ABS-CBDO         | CORP              | US        |     12473325 | PA      | $12660450.27   | 0.04%             | 2069-06-25      | Variable      | 6.22%                 | Yes           |                  2 | On Loan: No      |
| VERUS 2024-9                                                                     | VERUS 2024-9 A1 144A FRN 11-25-69                                                            | CUSIP: 92540RAC8<br>LEI: 213800LFRCPWSTP6LX39 | Long             | ABS-CBDO         | CORP              | US        |      2230376 | PA      | $2254062.82    | 0.01%             | 2069-11-25      | Variable      | 5.44%                 | Yes           |                  2 | On Loan: No      |
| VERUS 2025-7                                                                     | VERUS 2025-7 A1 144A 5.129% 08-25-70                                                         | CUSIP: 924931AC2<br>LEI: 213800OVCAXDOBS94P47 | Long             | ABS-CBDO         | CORP              | US        |      7585962 | PA      | $7643000.77    | 0.02%             | 2070-08-25      | Variable      | 5.13%                 | Yes           |                  2 | On Loan: No      |
| FRANCO-NEVADA CORP                                                               | FRANCO-NEVADA CORP (USD)                                                                     | CUSIP: 351858105<br>LEI: 98450064C1B5D3E94864 | Long             | EC               | CORP              | CA        |       352041 | NS      | $82504328.76   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| FRANCO-NEVADA CORP                                                               | FRANCO-NEVADA CORP                                                                           | CUSIP: 351858105<br>LEI: 98450064C1B5D3E94864 | Long             | EC               | CORP              | CA        |       203310 | NS      | $47591546.58   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| GRAND PARKWAY TRANSPORTATION CORP                                                | GRAND PARKWAY TRANSPORTATION CORP 3.236% 10-01-52                                            | CUSIP: 38611TDL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5670000 | PA      | $3948752.43    | 0.01%             | 2052-10-01      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| OHIO ST TPK COMMN                                                                | OHIO TURNPIKE & INFRASTRUCTURE COMMISSION 3.216% 02-15-48                                    | CUSIP: 67760HNB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      4090000 | PA      | $3067176.89    | 0.01%             | 2048-02-15      | Fixed         | 3.22%                 | No            |                  2 | On Loan: No      |
| PANAMA REPUBLIC OF (GOVERNMENT)                                                  | PANAMA GOVERNMENT INTERNATIONAL BOND SF 8.0% 03-01-38                                        | CUSIP: 698299BY9<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |      3790000 | PA      | $4389388.50    | 0.01%             | 2038-03-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| PORTUGAL (REPUBLIC OF)                                                           | PORTUGAL OBRIGACOES DO TESOURO OT EUR 144A LIFE/REG S 3.625% 06-12-54                        | CUSIP: N/A<br>LEI: 549300P6U1FJ3IMP7K42       | Long             | DBT              | NUSS              | PT        |      4545000 | PA      | $5093618.43    | 0.02%             | 2054-06-12      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| PERU (REPUBLIC OF)                                                               | PERU GOVERNMENT BOND PEN 144A LIFE/REG S 7.6% 08-12-39                                       | CUSIP: N/A<br>LEI: 254900STKLK2DBJJZ530       | Long             | DBT              | NUSS              | PE        |    156431000 | PA      | $51148749.54   | 0.16%             | 2039-08-12      | Fixed         | 7.60%                 | Yes           |                  2 | On Loan: No      |
| PORTUGAL (REPUBLIC OF)                                                           | PORTUGAL OBRIGACOES DO TESOURO OT EUR 144A LIFE/REG S 3.375% 06-15-40                        | CUSIP: N/A<br>LEI: 549300P6U1FJ3IMP7K42       | Long             | DBT              | NUSS              | PT        |        40000 | PA      | $46558.41      | 0.00%             | 2040-06-15      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| QUEBEC (PROVINCE OF)                                                             | PROVINCE OF QUEBEC CANADA EUR REG S (B) 3.35% 07-23-39                                       | CUSIP: N/A<br>LEI: 549300WN65YFEQH74Y36       | Long             | DBT              | NUSS              | CA        |      8400000 | PA      | $9724644.62    | 0.03%             | 2039-07-23      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| SASKATCHEWAN (PROVINCE OF)                                                       | PROVINCE OF SASKATCHEWAN CANADA CAD 3.05% 12-02-28                                           | CUSIP: 803854KF4<br>LEI: 549300FKDIB7OJMBSP83 | Long             | DBT              | NUSS              | CA        |      8000000 | PA      | $5930040.76    | 0.02%             | 2028-12-02      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| SPAIN (KINGDOM OF)                                                               | SPAIN GOVERNMENT BOND EUR 144A LIFE/REG S 1.45% 04-30-29                                     | CUSIP: N/A<br>LEI: 9598007A56S18711AH60       | Long             | DBT              | NUSS              | ES        |      5780000 | PA      | $6669112.08    | 0.02%             | 2029-04-30      | Fixed         | 1.45%                 | Yes           |                  2 | On Loan: No      |
| SPAIN (KINGDOM OF)                                                               | SPAIN GOVERNMENT BOND EUR 144A LIFE/REG S 0.8% 07-30-27                                      | CUSIP: N/A<br>LEI: 9598007A56S18711AH60       | Long             | DBT              | NUSS              | ES        |     23070000 | PA      | $26842119.38   | 0.09%             | 2027-07-30      | Fixed         | 0.80%                 | Yes           |                  2 | On Loan: No      |
| SPAIN (KINGDOM OF)                                                               | SPAIN GOVERNMENT BOND EUR 144A LIFE/REG S 0.5% 10-31-31                                      | CUSIP: N/A<br>LEI: 9598007A56S18711AH60       | Long             | DBT              | NUSS              | ES        |     14540000 | PA      | $15247846.52   | 0.05%             | 2031-10-31      | Fixed         | 0.50%                 | Yes           |                  2 | On Loan: No      |
| SPAIN (KINGDOM OF)                                                               | SPAIN GOVERNMENT BOND EUR 0.0% 01-31-27                                                      | CUSIP: N/A<br>LEI: 9598007A56S18711AH60       | Long             | DBT              | NUSS              | ES        |     20670000 | PA      | $24007510.20   | 0.08%             | 2027-01-31      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SERBIA                                                               | SERBIA INTERNATIONAL BOND 144A LIFE 6.25% 05-26-28                                           | CUSIP: 817477AG7<br>LEI: 254900W94OCY91V32O78 | Long             | DBT              | NUSS              | RS        |      3915000 | PA      | $4060610.60    | 0.01%             | 2028-05-26      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| SPAIN (KINGDOM OF)                                                               | SPAIN GOVERNMENT BOND EUR 144A LIFE/REG S 3.15% 04-30-33                                     | CUSIP: N/A<br>LEI: 9598007A56S18711AH60       | Long             | DBT              | NUSS              | ES        |     16027000 | PA      | $19286007.14   | 0.06%             | 2033-04-30      | Fixed         | 3.15%                 | Yes           |                  2 | On Loan: No      |
| SPAIN (KINGDOM OF)                                                               | SPAIN GOVERNMENT BOND EUR 144A LIFE/REG S 3.55% 10-31-33                                     | CUSIP: N/A<br>LEI: 9598007A56S18711AH60       | Long             | DBT              | NUSS              | ES        |     18434000 | PA      | $22688433.86   | 0.07%             | 2033-10-31      | Fixed         | 3.55%                 | Yes           |                  2 | On Loan: No      |
| SPAIN (KINGDOM OF)                                                               | SPAIN GOVERNMENT BOND EUR 144A LIFE/REG S 3.25% 04-30-34                                     | CUSIP: N/A<br>LEI: 9598007A56S18711AH60       | Long             | DBT              | NUSS              | ES        |     10010000 | PA      | $12029795.47   | 0.04%             | 2034-04-30      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| SPAIN (KINGDOM OF)                                                               | SPAIN GOVERNMENT BOND EUR 144A LIFE/REG S 3.45% 10-31-34                                     | CUSIP: N/A<br>LEI: 9598007A56S18711AH60       | Long             | DBT              | NUSS              | ES        |     15210000 | PA      | $18491405.50   | 0.06%             | 2034-10-31      | Fixed         | 3.45%                 | Yes           |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY INFLATION INDEXED BONDS I/L 0.375% 07-15-27                           | CUSIP: 9128282L3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     24984200 | PA      | $24911001.01   | 0.08%             | 2027-07-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 1.875% 02-15-41                                                  | CUSIP: 912810SW9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |         4200 | PA      | $2925.56       | 0.00%             | 2041-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY INFLATION INDEXED BONDS I/L 0.125% 02-15-51                           | CUSIP: 912810SV1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     19097226 | PA      | $10324433.60   | 0.03%             | 2051-02-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 2.25% 05-15-41                                                   | CUSIP: 912810SY5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      4470000 | PA      | $3279164.29    | 0.01%             | 2041-05-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 2.25% 02-15-52                                                   | CUSIP: 912810TD0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     18500000 | PA      | $11186718.75   | 0.04%             | 2052-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 3.375% 08-15-42                                                  | CUSIP: 912810TK4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     60000000 | PA      | $50582814.00   | 0.16%             | 2042-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 4.0% 11-15-52                                                    | CUSIP: 912810TL2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     21391000 | PA      | $18473134.98   | 0.06%             | 2052-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 4.125% 11-15-32                                                  | CUSIP: 91282CFV8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      7247000 | PA      | $7295691.14    | 0.02%             | 2032-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 3.5% 01-31-28                                                    | CUSIP: 91282CGH8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |       776000 | PA      | $775530.21     | 0.00%             | 2028-01-31      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND (GOVERNMENT)                | UNITED KINGDOM GILT GBP REG S 4.25% 06-07-32                                                 | CUSIP: N/A<br>LEI: ECTRVYYCEF89VWYS6K36       | Long             | DBT              | NUSS              | GB        |     19255000 | PA      | $26549691.41   | 0.08%             | 2032-06-07      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND (GOVERNMENT)                | UNITED KINGDOM GILT GBP REG S 2.5% 07-22-65                                                  | CUSIP: N/A<br>LEI: ECTRVYYCEF89VWYS6K36       | Long             | DBT              | NUSS              | GB        |     22800000 | PA      | $17123417.97   | 0.05%             | 2065-07-22      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND (GOVERNMENT)                | UNITED KINGDOM GILT GBP REG S 1.25% 07-22-27                                                 | CUSIP: N/A<br>LEI: ECTRVYYCEF89VWYS6K36       | Long             | DBT              | NUSS              | GB        |      9740000 | PA      | $12879117.58   | 0.04%             | 2027-07-22      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND (GOVERNMENT)                | UNITED KINGDOM GILT GBP REG S 0.375% 10-22-30                                                | CUSIP: N/A<br>LEI: ECTRVYYCEF89VWYS6K36       | Long             | DBT              | NUSS              | GB        |     35395000 | PA      | $41203385.45   | 0.13%             | 2030-10-22      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND (GOVERNMENT)                | UNITED KINGDOM GILT GBP REG S 0.25% 07-31-31                                                 | CUSIP: N/A<br>LEI: ECTRVYYCEF89VWYS6K36       | Long             | DBT              | NUSS              | GB        |      3715000 | PA      | $4160565.95    | 0.01%             | 2031-07-31      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND (GOVERNMENT)                | UTD KINGDOM GILT GBP REG S 1.25% 07-31-51                                                    | CUSIP: N/A<br>LEI: ECTRVYYCEF89VWYS6K36       | Long             | DBT              | NUSS              | GB        |     27194796 | PA      | $16285719.70   | 0.05%             | 2051-07-31      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND (GOVERNMENT)                | UK CONV GILT GBP REG S 1.0% 01-31-32                                                         | CUSIP: N/A<br>LEI: ECTRVYYCEF89VWYS6K36       | Long             | DBT              | NUSS              | GB        |      2920000 | PA      | $3340718.08    | 0.01%             | 2032-01-31      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND (GOVERNMENT)                | UNITED KINGDOM GILT GBP REG S 3.25% 01-31-33                                                 | CUSIP: N/A<br>LEI: ECTRVYYCEF89VWYS6K36       | Long             | DBT              | NUSS              | GB        |     38245000 | PA      | $49113727.63   | 0.16%             | 2033-01-31      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 3.625% 05-15-53                                                  | CUSIP: 912810TR9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     15654000 | PA      | $12605139.30   | 0.04%             | 2053-05-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND (GOVERNMENT)                | UNITED KINGDOM GILT GBP REG S 4.375% 07-31-54                                                | CUSIP: N/A<br>LEI: ECTRVYYCEF89VWYS6K36       | Long             | DBT              | NUSS              | GB        |     18125000 | PA      | $21491455.52   | 0.07%             | 2054-07-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND (GOVERNMENT)                | UNITED KINGDOM GILT GBP REG S 4.125% 07-22-29                                                | CUSIP: N/A<br>LEI: ECTRVYYCEF89VWYS6K36       | Long             | DBT              | NUSS              | GB        |      6540000 | PA      | $9020439.95    | 0.03%             | 2029-07-22      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND (GOVERNMENT)                | UNITED KINGDOM GILT GBP REG S 4.25% 12-07-27                                                 | CUSIP: N/A<br>LEI: ECTRVYYCEF89VWYS6K36       | Long             | DBT              | NUSS              | GB        |      8920000 | PA      | $12333963.66   | 0.04%             | 2027-12-07      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND (GOVERNMENT)                | UNITED KINGDOM GILT GBP REG S 3.5% 01-22-45                                                  | CUSIP: N/A<br>LEI: ECTRVYYCEF89VWYS6K36       | Long             | DBT              | NUSS              | GB        |      2850000 | PA      | $3113208.33    | 0.01%             | 2045-01-22      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 2.875% 11-15-46                                                  | CUSIP: 912810RU4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |       380000 | PA      | $279982.82     | 0.00%             | 2046-11-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 1.375% 08-15-50                                                  | CUSIP: 912810SP4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |       880000 | PA      | $431750.00     | 0.00%             | 2050-08-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 2.875% 05-15-32                                                  | CUSIP: 91282CEP2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     20000000 | PA      | $18799218.00   | 0.06%             | 2032-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC                                                       | VERIZON COMMUNICATIONS INC EUR SR UNSEC 0.75% 03-22-32                                       | CUSIP: N/A<br>LEI: 2S72QS2UO2OESLG6Y829       | Long             | DBT              | CORP              | US        |      4480000 | PA      | $4568456.50    | 0.01%             | 2032-03-22      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC                                                       | VERIZON COMMUNICATIONS INC EUR SR UNSEC 0.375% 03-22-29                                      | CUSIP: N/A<br>LEI: 2S72QS2UO2OESLG6Y829       | Long             | DBT              | CORP              | US        |      9780000 | PA      | $10782414.88   | 0.03%             | 2029-03-22      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & CO                                                                 | WELLS FARGO & CO EUR REG S SR UNSEC 3.9% 07-22-32/31                                         | CUSIP: N/A<br>LEI: PBLD0EJDB5FWOLXP3B76       | Long             | DBT              | CORP              | US        |      6210000 | PA      | $7582958.38    | 0.02%             | 2032-07-22      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| FREEPORT-MCMORAN INC                                                             | FREEPORT-MCMORAN INC                                                                         | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |      1823875 | NS      | $109851991.25  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| XCEL ENERGY INC                                                                  | XCEL ENERGY INC SR UNSEC 3.35% 12-01-26                                                      | CUSIP: 98389BAU4<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |      4902000 | PA      | $4881441.01    | 0.02%             | 2026-12-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| AGRICULTURAL DEVELOPMENT BANK OF CHINA                                           | AGRICULTURAL DEV BANK CHINA UNSEC 3.75% 01-25-29                                             | CUSIP: N/A<br>LEI: 300300C1020311000158       | Long             | DBT              | USGA              | CN        |      1030000 | PA      | $157155.75     | 0.00%             | 2029-01-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| AEROPUERTO INTERNACIONAL DE TOCUMEN SA                                           | AEROPUERTO INTERNACIONAL DE TOCUMEN SA 144A LIFE SR SEC 1ST LIEN SF 5.125% 08-11-61          | CUSIP: 00787CAE2<br>LEI: 254900FO1PHX49ZIGB14 | Long             | DBT              | CORP              | PA        |      3390000 | PA      | $2746205.10    | 0.01%             | 2061-08-11      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| BANK NEGARA INDONESIA PERSERO TBK PT                                             | BANK NEGARA INDONESIA PERSERO TBK PT REG S SR UNSEC 5.28% 04-05-29                           | CUSIP: N/A<br>LEI: 549300HZ8J3MLVXQ8F85       | Long             | DBT              | CORP              | ID        |     19640000 | PA      | $20157671.12   | 0.06%             | 2029-04-05      | Fixed         | 5.28%                 | Yes           |                  2 | On Loan: No      |
| BPCE SA                                                                          | BPCE SA 144A LIFE SR NON PREF 5.417% 01-13-37/36                                             | CUSIP: 05571ABF1<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |     10174000 | PA      | $10150487.89   | 0.03%             | 2037-01-13      | Variable      | 5.42%                 | Yes           |                  2 | On Loan: No      |
| CCO HOLDINGS LLC                                                                 | CCO HOLDINGS LLC 144A SR UNSEC 7.375% 02-01-36                                               | CUSIP: 1248EPCV3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     22945000 | PA      | $22992243.76   | 0.07%             | 2036-02-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| COCA-COLA CO                                                                     | COCA-COLA CO SR UNSEC 4.65% 08-14-34                                                         | CUSIP: 191216DY3<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |      4037000 | PA      | $4109621.59    | 0.01%             | 2034-08-14      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| CHINA DEVELOPMENT BANK                                                           | CHINA DEV BANK CNY UNSEC 3.43% 01-14-27                                                      | CUSIP: N/A<br>LEI: 300300C1020111000029       | Long             | DBT              | USGA              | CN        |    194070000 | PA      | $28422226.70   | 0.09%             | 2027-01-14      | Fixed         | 3.43%                 | No            |                  2 | On Loan: No      |
| CHINA DEVELOPMENT BANK                                                           | CHINA DEVELOPMENT BANK CNY UNSEC 3.07% 03-10-30                                              | CUSIP: N/A<br>LEI: 300300C1020111000029       | Long             | DBT              | USGA              | CN        |      2860000 | PA      | $432913.90     | 0.00%             | 2030-03-10      | Fixed         | 3.07%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO                                                                     | COCA-COLA CO EUR SR UNSEC 3.75% 08-15-53                                                     | CUSIP: 191216DX5<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |      2095000 | PA      | $2262378.25    | 0.01%             | 2053-08-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | CITIGROUP INC SR UNSEC 4.542% 09-19-30/29                                                    | CUSIP: 17327CAT0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |       200000 | PA      | $201704.60     | 0.00%             | 2030-09-19      | Variable      | 4.54%                 | No            |                  2 | On Loan: No      |
| CHINA DEVELOPMENT BANK                                                           | CHINA DEV BANK (BOND CONNECT) CNY UNSEC 3.39% 07-10-27                                       | CUSIP: N/A<br>LEI: 300300C1020111000029       | Long             | DBT              | USGA              | CN        |    181600000 | PA      | $26782713.51   | 0.08%             | 2027-07-10      | Fixed         | 3.39%                 | No            |                  2 | On Loan: No      |
| CHINA DEVELOPMENT BANK                                                           | CHINA DEVELOPMENT BANK CNY UNSEC 3.09% 08-09-28                                              | CUSIP: N/A<br>LEI: 300300C1020111000029       | Long             | DBT              | USGA              | CN        |    136660000 | PA      | $20339928.82   | 0.06%             | 2028-08-09      | Fixed         | 3.09%                 | No            |                  2 | On Loan: No      |
| CAMPBELL'S COMPANY/THE                                                           | CAMPBELL'S COMPANY SR UNSEC 4.75% 03-23-35                                                   | CUSIP: 134429BQ1<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |      3056000 | PA      | $2931101.28    | 0.01%             | 2035-03-23      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| COLOMBIA (REPUBLIC OF)                                                           | COLOMBIA GOVERNMENT INTERNATIONAL BOND 7.375% 04-25-30                                       | CUSIP: 195325ER2<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |     15198000 | PA      | $15927504.00   | 0.05%             | 2030-04-25      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| ELECTRICITE DE FRANCE SA                                                         | ELECTRICITE DE FRANCE SA EUR PRP REG S SUB (H) (B) 7.5% 12-31-79/12-06-28                    | CUSIP: N/A<br>LEI: 549300X3UK4GG3FNMO06       | Long             | DBT              | CORP              | FR        |      2200000 | PA      | $2860937.54    | 0.01%             | 2079-12-31      | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| ELECTRICITE DE FRANCE SA                                                         | ELECTRICITE DE FRANCE SA EUR REG S SR UNSEC (B) 4.25% 01-25-32                               | CUSIP: N/A<br>LEI: 549300X3UK4GG3FNMO06       | Long             | DBT              | CORP              | FR        |      6400000 | PA      | $8000790.11    | 0.03%             | 2032-01-25      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ECOPETROL SA                                                                     | ECOPETROL SA SR UNSEC 8.625% 01-19-29                                                        | CUSIP: 279158AT6<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |      8650000 | PA      | $9272393.45    | 0.03%             | 2029-01-19      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| ELECTRICITE DE FRANCE SA                                                         | ELECTRICITE DE FRANCE SA EUR PRP REG S SUB (H) (B) 2.625% 12-31-79/06-01-28                  | CUSIP: N/A<br>LEI: 549300X3UK4GG3FNMO06       | Long             | DBT              | CORP              | FR        |     15600000 | PA      | $18235094.45   | 0.06%             | 2079-12-31      | Variable      | 2.62%                 | No            |                  2 | On Loan: No      |
| CONSUMERS ENERGY COMPANY                                                         | CONSUMERS ENERGY CO SR SEC 1ST LIEN 5.05% 05-15-35                                           | CUSIP: 210518DZ6<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |      3605000 | PA      | $3662052.73    | 0.01%             | 2035-05-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| GE CAPITAL INTERNATIONAL FUNDING CO UNLIMITED CO                                 | GE CAPITAL INTERNATIONAL FUNDING CO UNLIMITED CO SR UNSEC 4.418% 11-15-35                    | CUSIP: 36164QNA2<br>LEI: 549300G6UZOB126GBY72 | Long             | DBT              | CORP              | IE        |      4050000 | PA      | $3943865.70    | 0.01%             | 2035-11-15      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | GOLDMAN SACHS GROUP INC SR UNSEC 4.516% 01-21-32/31                                          | CUSIP: 38145GAR1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |      8900000 | PA      | $8898602.70    | 0.03%             | 2032-01-21      | Variable      | 4.52%                 | No            |                  2 | On Loan: No      |
| JAPAN (GOVERNMENT OF)                                                            | JAPAN GOVERNMENT THIRTY YEAR BOND JPY 2.3% 12-20-35                                          | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        |   1503450000 | PA      | $9779516.75    | 0.03%             | 2035-12-20      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| ENGIE SA                                                                         | ENGIE SA GBP SR UNSEC (B) 7.0% 10-30-28                                                      | CUSIP: N/A<br>LEI: LAXUQCHT4FH58LRZDY46       | Long             | DBT              | CORP              | FR        |      2850000 | PA      | $4169289.09    | 0.01%             | 2028-10-30      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                          | HYUNDAI CAPITAL AMERICA EUR REG S SR UNSEC 2.875% 06-26-28                                   | CUSIP: N/A<br>LEI: 549300RIPPWJB5Z0FK07       | Long             | DBT              | CORP              | US        |      5770000 | PA      | $6882264.08    | 0.02%             | 2028-06-26      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| JAPAN (GOVERNMENT OF)                                                            | JAPAN GOVERNMENT TWENTY YEAR BOND JPY 1.7% 06-20-33                                          | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        |   1426800000 | PA      | $9079614.57    | 0.03%             | 2033-06-20      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| KOREA (REPUBLIC OF)                                                              | KOREA TREASURY BOND KRW (B) 2.375% 12-10-27                                                  | CUSIP: N/A<br>LEI: 549300O0QCVSQGPGDT58       | Long             | DBT              | NUSS              | KR        |  26409910000 | PA      | $18146565.84   | 0.06%             | 2027-12-10      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                          | HYUNDAI CAPITAL AMERICA 144A LIFE SR UNSEC 4.5% 09-18-30                                     | CUSIP: 44891AEA1<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |       400000 | PA      | $400280.00     | 0.00%             | 2030-09-18      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC HOLDINGS PLC SR UNSEC 4.619% 11-06-31/30                                                | CUSIP: 404280FE4<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     13560000 | PA      | $13620464.04   | 0.04%             | 2031-11-06      | Variable      | 4.62%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC HOLDINGS PLC SR UNSEC 4.583% 06-19-29/28                                                | CUSIP: 404280BT5<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |      2600000 | PA      | $2624915.80    | 0.01%             | 2029-06-19      | Variable      | 4.58%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL INC                                                      | HONEYWELL INTERNATIONAL INC EUR SR UNSEC 0.75% 03-10-32                                      | CUSIP: 438516BY1<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |      1060000 | PA      | $1091452.38    | 0.00%             | 2032-03-10      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| KOREA (REPUBLIC OF)                                                              | KOREA NDFB 3212 KRW 4.25% 12-10-32                                                           | CUSIP: N/A<br>LEI: 549300O0QCVSQGPGDT58       | Long             | DBT              | NUSS              | KR        | 123216850000 | PA      | $89120092.20   | 0.28%             | 2032-12-10      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| KOREA (REPUBLIC OF)                                                              | KOREA TREASURY BOND KRW (B) 3.25% 12-10-35                                                   | CUSIP: N/A<br>LEI: 549300O0QCVSQGPGDT58       | Long             | DBT              | NUSS              | KR        |  46577640000 | PA      | $31425701.37   | 0.10%             | 2035-12-10      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC HOLDINGS PLC SR UNSEC 4.95% 03-31-30                                                    | CUSIP: 404280CF4<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |      1200000 | PA      | $1228759.20    | 0.00%             | 2030-03-31      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                          | HYUNDAI CAPITAL AMERICA 144A LIFE SR UNSEC 2.375% 10-15-27                                   | CUSIP: 44891ABP1<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |      4619000 | PA      | $4490199.19    | 0.01%             | 2027-10-15      | Fixed         | 2.38%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 6.0 SD8534 05-01-55                                                                | CUSIP: 3132DWPT4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |       646843 | PA      | $662477.48     | 0.00%             | 2055-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MEXICO (UNITED MEXICAN STATES) (GOVERNMENT)                                      | MEXICAN BONOS MXN 7.5% 06-03-27                                                              | CUSIP: N/A<br>LEI: 254900EGTWEU67VP6075       | Long             | DBT              | NUSS              | MX        |       171329 | PA      | $983539.83     | 0.00%             | 2027-06-03      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| MALAYSIA (GOVERNMENT)                                                            | MALAYSIA GOVERNMENT INVESTMENT ISSUE SUKUK MYR 4.895% 05-08-47                               | CUSIP: N/A<br>LEI: 254900GSIL471JOBYY43       | Long             | DBT              | NUSS              | MY        |      6057000 | PA      | $1747086.49    | 0.01%             | 2047-05-08      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                          | HYUNDAI CAPITAL AMERICA 144A LIFE SR UNSEC 2.0% 06-15-28                                     | CUSIP: 44891ABX4<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |      3275000 | PA      | $3116417.95    | 0.01%             | 2028-06-15      | Fixed         | 2.00%                 | Yes           |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                          | HYUNDAI CAPITAL AMERICA 144A LIFE SR UNSEC 1.5% 06-15-26                                     | CUSIP: 44891ABW6<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |      4850000 | PA      | $4805777.70    | 0.02%             | 2026-06-15      | Fixed         | 1.50%                 | Yes           |                  2 | On Loan: No      |
| MEXICO (UNITED MEXICAN STATES) (GOVERNMENT)                                      | MEXICO GOVERNMENT INTERNATIONAL BOND 4.75% 04-27-32                                          | CUSIP: 91087BAK6<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |       425000 | PA      | $413939.38     | 0.00%             | 2032-04-27      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MALAYSIA (GOVERNMENT)                                                            | MALAYSIA GOVERNMENT INVESTMENT ISSUE SUKUK MYR 4.417% 09-30-41                               | CUSIP: N/A<br>LEI: 254900GSIL471JOBYY43       | Long             | DBT              | NUSS              | MY        |     11775000 | PA      | $3200694.12    | 0.01%             | 2041-09-30      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                          | HYUNDAI CAPITAL AMERICA 144A LIFE SR UNSEC 1.65% 09-17-26                                    | CUSIP: 44891ABZ9<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |       275000 | PA      | $271184.10     | 0.00%             | 2026-09-17      | Fixed         | 1.65%                 | Yes           |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC HOLDINGS PLC SR UNSEC 7.39% 11-03-28/27                                                 | CUSIP: 404280DR7<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     20530000 | PA      | $21670400.44   | 0.07%             | 2028-11-03      | Variable      | 7.39%                 | No            |                  2 | On Loan: No      |
| MEXICO (UNITED MEXICAN STATES) (GOVERNMENT)                                      | MEXICAN BONOS MXN 7.5% 05-26-33                                                              | CUSIP: N/A<br>LEI: 254900EGTWEU67VP6075       | Long             | DBT              | NUSS              | MX        |      1040000 | PA      | $5623563.74    | 0.02%             | 2033-05-26      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| MEXICO (UNITED MEXICAN STATES) (GOVERNMENT)                                      | MEXICO GOVERNMENT INTERNATIONAL BOND 6.338% 05-04-53                                         | CUSIP: 91087BAX8<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |      2170000 | PA      | $2062693.50    | 0.01%             | 2053-05-04      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC HOLDINGS PLC SUB 7.399% 11-13-34/33                                                     | CUSIP: 404280EC9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     19913000 | PA      | $22651356.11   | 0.07%             | 2034-11-13      | Variable      | 7.40%                 | No            |                  2 | On Loan: No      |
| INTESA SANPAOLO SPA                                                              | INTESA SANPAOLO SPA EUR REG S SUB (B) 4.271% 11-14-36/31                                     | CUSIP: N/A<br>LEI: 2W8N8UU78PMDQKZENC08       | Long             | DBT              | CORP              | IT        |      7620000 | PA      | $9296193.43    | 0.03%             | 2036-11-14      | Variable      | 4.27%                 | No            |                  2 | On Loan: No      |
| MALAYSIA (GOVERNMENT)                                                            | MALAYSIA GOVERNMENT BOND MYR 4.054% 04-18-39                                                 | CUSIP: N/A<br>LEI: 254900GSIL471JOBYY43       | Long             | DBT              | NUSS              | MY        |     39265000 | PA      | $10245943.77   | 0.03%             | 2039-04-18      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| MEXICO (UNITED MEXICAN STATES) (GOVERNMENT)                                      | MEXICAN UDIBONOS MXN I/L 4.0% 10-29-54                                                       | CUSIP: N/A<br>LEI: 254900EGTWEU67VP6075       | Long             | DBT              | NUSS              | MX        |        25279 | PA      | $137884.48     | 0.00%             | 2054-10-29      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MEXICO (UNITED MEXICAN STATES) (GOVERNMENT)                                      | MEXICAN BONOS MXN 5.75% 03-05-26                                                             | CUSIP: N/A<br>LEI: 254900EGTWEU67VP6075       | Long             | DBT              | NUSS              | MX        |      7593000 | PA      | $43353874.97   | 0.14%             | 2026-03-05      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BRAZIL FEDERATIVE REPUBLIC OF (GOVERNMENT)                                       | BRAZIL NOTAS DO TESOURO NACIONAL SERIE F BRL 10.0% 01-01-29                                  | CUSIP: N/A<br>LEI: 254900ZFY40OYEADAP90       | Long             | DBT              | NUSS              | BR        |       150951 | PA      | $26949458.21   | 0.09%             | 2029-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| STATE OF NEW SOUTH WALES AUSTRALIA                                               | NEW SOUTH WALES TREASURY CORP AUD REG S 4.25% 02-20-36                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | AU        |     22864000 | PA      | $14619617.15   | 0.05%             | 2036-02-20      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| INTERSTATE POWER AND LIGHT CO                                                    | INTERSTATE POWER AND LIGHT CO SR UNSEC 2.3% 06-01-30                                         | CUSIP: 461070AS3<br>LEI: EF9UQIIO4KY2BWOK3P26 | Long             | DBT              | CORP              | US        |      2650000 | PA      | $2443906.85    | 0.01%             | 2030-06-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                                                     | ING GROEP NV EUR REG S SR UNSEC (B) 5.25% 11-14-33/32                                        | CUSIP: N/A<br>LEI: 549300NYKK9MWM7GGW15       | Long             | DBT              | CORP              | NL        |      6400000 | PA      | $8423366.43    | 0.03%             | 2033-11-14      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 2.0 FM6556 03-01-51                                                                | CUSIP: 3140XAJA1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |       221164 | PA      | $179719.65     | 0.00%             | 2051-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.5 MA5762 07-01-55                                                                | CUSIP: 31418FML8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      1935992 | PA      | $2004075.47    | 0.01%             | 2055-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| INTESA SANPAOLO SPA                                                              | INTESA SANPAOLO SPA GBP REG S SR NON PREF (B) 6.5% 03-14-29/28                               | CUSIP: N/A<br>LEI: 2W8N8UU78PMDQKZENC08       | Long             | DBT              | CORP              | IT        |      2945000 | PA      | $4201741.90    | 0.01%             | 2029-03-14      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMORGAN CHASE & CO SR UNSEC 4.603% 10-22-30/29                                              | CUSIP: 46647PEQ5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |      4500000 | PA      | $4565848.50    | 0.01%             | 2030-10-22      | Variable      | 4.60%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMORGAN CHASE & CO SR UNSEC 5.572% 04-22-36/35                                              | CUSIP: 46647PEX0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |      8030000 | PA      | $8382051.26    | 0.03%             | 2036-04-22      | Variable      | 5.57%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMORGAN CHASE & CO SR UNSEC 4.81% 10-22-36/35                                               | CUSIP: 46647PFE1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |       355000 | PA      | $350103.13     | 0.00%             | 2036-10-22      | Variable      | 4.81%                 | No            |                  2 | On Loan: No      |
| JAPAN (GOVERNMENT OF)                                                            | JAPAN GOVERNMENT THIRTY YEAR BOND JPY 2.0% 03-20-42                                          | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        |    200000000 | PA      | $1139657.53    | 0.00%             | 2042-03-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NGG FINANCE PLC                                                                  | NGG FINANCE PLC EUR REG S SUB (H) (B) 2.125% 09-05-82/27                                     | CUSIP: N/A<br>LEI: 549300MLDJ2T68G21W86       | Long             | DBT              | CORP              | GB        |      3950000 | PA      | $4619743.10    | 0.01%             | 2082-09-05      | Variable      | 2.12%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE INSURANCE COMPANY                                                  | NEW YORK LIFE INSURANCE CO 144A LIFE SUB 3.75% 05-15-50                                      | CUSIP: 64952GAT5<br>LEI: TAE73CY392TBWJ3O3305 | Long             | DBT              | CORP              | US        |      1261000 | PA      | $939804.39     | 0.00%             | 2050-05-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| SAN DIEGO GAS & ELECTRIC CO                                                      | SAN DIEGO GAS & ELECTRIC CO SR SEC 1ST LIEN 2.95% 08-15-51                                   | CUSIP: 797440CA0<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |       400000 | PA      | $256766.40     | 0.00%             | 2051-08-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| VERALLIA SAS                                                                     | VERALLIA SA EUR REG S SR UNSEC (B) 3.875% 11-04-32                                           | CUSIP: N/A<br>LEI: 5299007YZU978DE0ZY32       | Long             | DBT              | CORP              | FR        |      9600000 | PA      | $11215599.66   | 0.04%             | 2032-11-04      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC                                                       | VERIZON COMMUNICATIONS INC SR UNSEC 4.78% 02-15-35                                           | CUSIP: 92343VGY4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |      5560000 | PA      | $5458696.80    | 0.02%             | 2035-02-15      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| VALE OVERSEAS LTD                                                                | VALE OVERSEAS LTD SR UNSEC 3.75% 07-08-30                                                    | CUSIP: 91911TAQ6<br>LEI: 254900BA3U6G5DNV5V04 | Long             | DBT              | CORP              | BR        |      3478000 | PA      | $3361796.54    | 0.01%             | 2030-07-08      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MIDEA GROUP CO LTD                                                               | MIDEA GROUP CO LTD A (SZSE NORTH)                                                            | CUSIP: N/A<br>LEI: 3003003TRPHLHZD2IF61       | Long             | EC               | CORP              | CN        |     11307578 | NS      | $126265377.71  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| AIA GROUP LTD                                                                    | AIA GROUP LTD EUR REG S SUB 0.88% 09-09-33/28                                                | CUSIP: N/A<br>LEI: ZP5ILWVSYE4LJGMMVD57       | Long             | DBT              | CORP              | HK        |     17575000 | PA      | $19834794.13   | 0.06%             | 2033-09-09      | Variable      | 0.88%                 | No            |                  2 | On Loan: No      |
| AON CORP                                                                         | AON CORP SR UNSEC 2.85% 05-28-27                                                             | CUSIP: 03740LAD4<br>LEI: LTS3U8DGK38SETRUWX71 | Long             | DBT              | CORP              | US        |       600000 | PA      | $592305.00     | 0.00%             | 2027-05-28      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| ALFA DESARROLLO SPA                                                              | ALFA DESARROLLO SPA REG S SR SEC 1ST LIEN SF 4.55% 09-27-51                                  | CUSIP: N/A<br>LEI: 2549006BJAN34R520038       | Long             | DBT              | CORP              | CL        |      7040003 | PA      | $5633783.38    | 0.02%             | 2051-09-27      | Fixed         | 4.55%                 | Yes           |                  2 | On Loan: No      |
| AMGEN INC                                                                        | AMGEN INC SR UNSEC 4.2% 03-01-33                                                             | CUSIP: 031162DJ6<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |       800000 | PA      | $780560.00     | 0.00%             | 2033-03-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 6.5 RQ0015 06-01-55                                                                | CUSIP: 3142J6AR4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      1335556 | PA      | $1382730.16    | 0.00%             | 2055-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 MA5761 07-01-55                                                                | CUSIP: 31418FMK0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      5095680 | PA      | $5218848.08    | 0.02%             | 2055-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 6.0 QY7483 07-01-55                                                                | CUSIP: 31426SJ59<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |       809825 | PA      | $829977.04     | 0.00%             | 2055-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 FA1162 04-01-55                                                                | CUSIP: 3140W1JG9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |       866698 | PA      | $887802.65     | 0.00%             | 2055-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX CORP                                                                                     | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |      3076291 | NS      | $618119150.63  | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| RYANAIR HOLDINGS PLC                                                             | RYANAIR HOLDINGS PLC                                                                         | CUSIP: N/A<br>LEI: 635400BR2ROC1FVEBQ56       | Long             | EC               | CORP              | IE        |      1425655 | NS      | $48348043.55   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| SAFRAN SA                                                                        | SAFRAN SA                                                                                    | CUSIP: N/A<br>LEI: 969500UIC89GT3UL7L24       | Long             | EC               | CORP              | FR        |       133364 | NS      | $47582988.37   | 0.15%             |  |  |  | No            |                  1 | On Loan: —       |
| SANOFI                                                                           | SANOFI                                                                                       | CUSIP: N/A<br>LEI: 549300E9PC51EN656011       | Long             | EC               | CORP              | FR        |       939489 | NS      | $88198964.51   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                              | CLP FWD PUR FROM USD NDF 2/9/2026                                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $398932.51     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | CLP FWD PUR FROM USD NDF 2/9/2026                                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $137109.85     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | DKK FWD PUR FROM EUR 2/6/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $2491.99       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | EUR FWD SALE TO JPY 4/30/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-11869.55     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | EUR FWD SALE TO USD 3/3/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $546826.44     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | GBP FWD SALE TO USD 2/6/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-353490.56    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | GBP FWD SALE TO EUR 2/9/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-96093.03     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | GBP FWD SALE TO EUR 2/9/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-37921.28     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | GBP FWD SALE TO EUR 2/9/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-40572.23     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | GBP FWD SALE TO USD 2/11/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-3036014.43   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | GBP FWD PUR FROM USD 2/11/2026                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $1485908.59    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | GBP FWD SALE TO USD 2/20/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-2210090.31   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | GBP FWD PUR FROM USD 2/20/2026                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-143937.48    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | HUF FWD SALE TO USD 2/9/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-4144490.14   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | INR FWD SALE TO USD NDF 2/9/2026                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $1220972.49    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | IDR FWD SALE TO USD NDF 2/9/2026                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $17842.60      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | ILS FWD SALE TO USD 2/13/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-97146.31     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | INR FWD PUR FROM USD NDF 2/9/2026                                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-38950.64     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | JPY FWD SALE TO USD 2/9/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-4132807.17   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 DD4459 04-01-55                                                                | CUSIP: 3140B45V8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |       841850 | PA      | $862451.00     | 0.00%             | 2055-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 5.5 MA5792 08-01-55                                                                | CUSIP: 31418FNJ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     16569136 | PA      | $16811956.99   | 0.05%             | 2055-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.5 RQ0027 07-01-55                                                                | CUSIP: 3142J6A52<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      2351440 | PA      | $2386452.88    | 0.01%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | JPY FWD PUR FROM USD 2/9/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $5775.74       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | JPY FWD SALE TO USD 2/10/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-4982094.93   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | JPY FWD SALE TO USD 2/9/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-170189.96    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | JPY FWD SALE TO USD 2/10/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-2664.23      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | JPY FWD PUR FROM USD 2/9/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-14388.20     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | KRW FWD SALE TO USD NDF 2/9/2026                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $356462.53     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | KRW FWD PUR FROM USD NDF 2/9/2026                                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $23486.71      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | MYR FWD SALE TO USD 2/9/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-1699511.51   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | MXN FWD SALE TO USD 2/9/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-1499632.31   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | MXN FWD SALE TO USD 2/9/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-217994.35    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | MXN FWD SALE TO USD 2/9/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-246680.19    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | MYR FWD PUR FROM USD 2/9/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $17961.64      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | MYR FWD PUR FROM USD 2/9/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $1626351.53    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | MYR FWD PUR FROM USD 2/9/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $306161.61     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | MYR FWD PUR FROM USD 2/9/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $9735.03       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | MYR FWD PUR FROM USD 2/9/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $209545.23     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | MYR FWD PUR FROM USD 2/9/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $4452.69       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | MYR FWD PUR FROM USD 2/9/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $95840.61      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | MYR FWD PUR FROM USD 2/9/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $8530.08       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | MYR FWD PUR FROM USD 2/9/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $183509.53     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | NOK FWD SALE TO USD 2/9/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-172368.41    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | NZD FWD PUR FROM USD 2/9/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $62233.82      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | PLN FWD SALE TO EUR 2/9/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-635.11       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | PLN FWD SALE TO USD 2/9/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-62690.23     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| KINGDOM OF SAUDI ARABIA                                                          | SAUDI GOVERNMENT INTERNATIONAL BOND 144A LIFE 4.875% 01-12-36                                | CUSIP: 80413TBR9<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |     10959000 | PA      | $10843831.87   | 0.03%             | 2036-01-12      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| TYCO ELECTRONICS GROUP SA                                                        | TYCO ELECTRONICS GROUP SA SR UNSEC 4.875% 02-09-36                                           | CUSIP: 902133BF3<br>LEI: C33G1C5SYE2YM95EE712 | Long             | DBT              | CORP              | LU        |     14180000 | PA      | $14121464.96   | 0.04%             | 2036-02-09      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH OF AUSTRALIA                                                        | AUSTRALIA GOVERNMENT BOND AUD REG S 3.75% 04-21-37                                           | CUSIP: N/A<br>LEI: 213800J6B7JSBDETCB42       | Long             | DBT              | NUSS              | AU        |     45632000 | PA      | $28731081.96   | 0.09%             | 2037-04-21      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH OF AUSTRALIA                                                        | AUSTRALIA GOVERNMENT BOND AUD REG S 1.0% 11-21-31                                            | CUSIP: N/A<br>LEI: 213800J6B7JSBDETCB42       | Long             | DBT              | NUSS              | AU        |     30660000 | PA      | $17613825.11   | 0.06%             | 2031-11-21      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| AUSTRIA (REPUBLIC OF)                                                            | REPUBLIC OF AUSTRIA GOVERNMENT BOND EUR 144A LIFE/REG S (B) 0.0% 02-20-31                    | CUSIP: N/A<br>LEI: 529900QWWUI4XRVR7I03       | Long             | DBT              | NUSS              | AT        |     33610000 | PA      | $35045553.55   | 0.11%             | 2031-02-20      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| BRAZIL FEDERATIVE REPUBLIC OF (GOVERNMENT)                                       | BRAZIL NOTAS DO TESOURO NACIONAL SERIE B BRL I/L 6.0% 08-15-50                               | CUSIP: N/A<br>LEI: 254900ZFY40OYEADAP90       | Long             | DBT              | NUSS              | BR        |       128085 | PA      | $21537416.15   | 0.07%             | 2050-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | AMGEN INC SR UNSEC 5.65% 03-02-53                                                            | CUSIP: 031162DT4<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     19999000 | PA      | $19698835.01   | 0.06%             | 2053-03-02      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T INC EUR SR UNSEC 4.3% 11-18-34                                                          | CUSIP: 00206RMS8<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |      1410000 | PA      | $1747830.87    | 0.01%             | 2034-11-18      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| AMERICA MOVIL SAB DE CV                                                          | AMERICA MOVIL SAB DE CV MXN SR UNSEC 9.5% 01-27-31                                           | CUSIP: 02364WBL8<br>LEI: 5493000FNR3UCEAONM59 | Long             | DBT              | CORP              | MX        |    177880000 | PA      | $10448821.44   | 0.03%             | 2031-01-27      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | BRISTOL-MYERS SQUIBB CO SR UNSEC 5.55% 02-22-54                                              | CUSIP: 110122EK0<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |      3700000 | PA      | $3622433.20    | 0.01%             | 2054-02-22      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| BANCO DE SABADELL SA                                                             | BANCO DE SABADELL SA EUR REG S SUB (B) 5.125% 06-27-34/29                                    | CUSIP: N/A<br>LEI: SI5RG2M0WQQLZCXKRM20       | Long             | DBT              | CORP              | ES        |      6600000 | PA      | $8293209.31    | 0.03%             | 2034-06-27      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| BELGIUM (KINGDOM OF)                                                             | KINGDOM OF BELGIUM GOVERNMENT BOND EUR 144A LIFE/REG S 3.0% 06-22-33                         | CUSIP: N/A<br>LEI: 549300SZ25JZFHRHWD76       | Long             | DBT              | NUSS              | BE        |     15660000 | PA      | $18608356.38   | 0.06%             | 2033-06-22      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| BRAZIL FEDERATIVE REPUBLIC OF (GOVERNMENT)                                       | BRAZIL NOTAS DO TESOURO NACIONAL SERIE B BRL (B) I/L 6.0% 08-15-40                           | CUSIP: N/A<br>LEI: 254900ZFY40OYEADAP90       | Long             | DBT              | NUSS              | BR        |        13782 | PA      | $2348120.85    | 0.01%             | 2040-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BANK GOSPODARSTWA KRAJOWEGO                                                      | BANK GOSPODARSTWA KRAJOWEGO-WARSAW 144A LIFE SR UNSEC 5.75% 07-09-34                         | CUSIP: 06237MAC7<br>LEI: 259400BCOV9JJIGLYF05 | Long             | DBT              | USGA              | PL        |       200000 | PA      | $210236.80     | 0.00%             | 2034-07-09      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| BMW INTERNATIONAL INVESTMENT BV                                                  | BMW INTERNATIONAL INVESTMENT BV GBP REG S SR UNSEC (B) 4.75% 09-04-30                        | CUSIP: N/A<br>LEI: 724500J951RJJFEW5X49       | Long             | DBT              | CORP              | NL        |      6200000 | PA      | $8580459.49    | 0.03%             | 2030-09-04      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                                    | BOEING CO SR UNSEC 6.528% 05-01-34                                                           | CUSIP: 097023DS1<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     39400000 | PA      | $43599803.60   | 0.14%             | 2034-05-01      | Fixed         | 6.53%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                                    | BOEING CO SR UNSEC 6.298% 05-01-29                                                           | CUSIP: 097023DQ5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |      6310000 | PA      | $6704229.87    | 0.02%             | 2029-05-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                                 | BAT CAPITAL CORP SR UNSEC 5.625% 08-15-35                                                    | CUSIP: 05526DCC7<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |     15646000 | PA      | $16253440.30   | 0.05%             | 2035-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | BARCLAYS PLC EUR REG S SUB 4.616% 03-26-37/32                                                | CUSIP: N/A<br>LEI: 213800LBQA1Y9L22JB70       | Long             | DBT              | CORP              | GB        |     15895000 | PA      | $19547699.84   | 0.06%             | 2037-03-26      | Variable      | 4.62%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | BROADCOM INC SR UNSEC 3.469% 04-15-34                                                        | CUSIP: 11135FCT6<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |      6531000 | PA      | $5939604.89    | 0.02%             | 2034-04-15      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| BAXTER INTERNATIONAL INC                                                         | BAXTER INTERNATIONAL INC SR UNSEC 5.65% 12-15-35                                             | CUSIP: 071813DE6<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |      2180000 | PA      | $2199327.88    | 0.01%             | 2035-12-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| BBVA MEXICO SA INSTITUCION DE BANCA MULTIPLE GRUPO FINANCIERO BBVA MEXICO/TX     | BBVA MEXICO SA INSTITUCION DE BANCA MULTIPLE GRUPO BBVA MEXICO REG S SUB (H) 5.125% 01-18-33 | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |      1813000 | PA      | $1792712.53    | 0.01%             | 2033-01-18      | Variable      | 5.12%                 | Yes           |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                                 | BAT CAPITAL CORP SR UNSEC 3.557% 08-15-27                                                    | CUSIP: 05526DBB0<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |      2610000 | PA      | $2594191.23    | 0.01%             | 2027-08-15      | Fixed         | 3.56%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                                 | BAT CAPITAL CORP SR UNSEC 3.215% 09-06-26                                                    | CUSIP: 05526DBJ3<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |      2181000 | PA      | $2172393.77    | 0.01%             | 2026-09-06      | Fixed         | 3.21%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                                 | BAT CAPITAL CORP SR UNSEC 3.462% 09-06-29                                                    | CUSIP: 05526DBH7<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |      2625000 | PA      | $2560464.38    | 0.01%             | 2029-09-06      | Fixed         | 3.46%                 | No            |                  2 | On Loan: No      |
| BANGKOK BANK PCL/HONG KONG                                                       | BANGKOK BANK PCL REG S SUB 3.733% 09-25-34/29                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | HK        |      8470000 | PA      | $8088782.24    | 0.03%             | 2034-09-25      | Variable      | 3.73%                 | Yes           |                  2 | On Loan: No      |
| BRASKEM NETHERLANDS FINANCE BV                                                   | BRASKEM NETHERLANDS FINANCE BV REG S SR UNSEC 4.5% 01-31-30                                  | CUSIP: N/A<br>LEI: 2549000TLMHFQ74DS330       | Long             | DBT              | CORP              | NL        |     14957000 | PA      | $6464415.40    | 0.02%             | 2030-01-31      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | BROADCOM INC SR UNSEC 4.15% 11-15-30                                                         | CUSIP: 11135FAQ4<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |       380000 | PA      | $378087.08     | 0.00%             | 2030-11-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | BROADCOM INC 144A SR UNSEC 4.0% 04-15-29                                                     | CUSIP: 11135FBR1<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |      3915000 | PA      | $3905063.73    | 0.01%             | 2029-04-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| BECTON DICKINSON AND CO                                                          | BECTON DICKINSON AND CO SR UNSEC 4.298% 08-22-32                                             | CUSIP: 075887CP2<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |       400000 | PA      | $394126.80     | 0.00%             | 2032-08-22      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                          | BPCE SA EUR REG S SR NON PREF (B) 4.5% 01-13-33                                              | CUSIP: N/A<br>LEI: 9695005MSX1OYEMGDF46       | Long             | DBT              | CORP              | FR        |      8400000 | PA      | $10530947.66   | 0.03%             | 2033-01-13      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BULGARIA (REPUBLIC OF)                                                           | BULGARIA GOVERNMENT INTERNATIONAL BOND EUR 144A LIFE 4.5% 01-27-33                           | CUSIP: N/A<br>LEI: 529900PG0XCL4LICL838       | Long             | DBT              | NUSS              | BG        |      7280000 | PA      | $9340181.94    | 0.03%             | 2033-01-27      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| BANCO DE SABADELL SA                                                             | BANCO DE SABADELL SA EUR REG S SR NON PREF (B) 5.25% 02-07-29/28                             | CUSIP: N/A<br>LEI: SI5RG2M0WQQLZCXKRM20       | Long             | DBT              | CORP              | ES        |      6200000 | PA      | $7711763.37    | 0.02%             | 2029-02-07      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| BRASKEM NETHERLANDS FINANCE BV                                                   | BRASKEM NETHERLANDS FINANCE BV REG S SR UNSEC 7.25% 02-13-33                                 | CUSIP: N/A<br>LEI: 2549000TLMHFQ74DS330       | Long             | DBT              | CORP              | NL        |      6846000 | PA      | $2781187.50    | 0.01%             | 2033-02-13      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| BBVA MEXICO SA INSTITUCION DE BANCA MULTIPLE GRUPO FINANCIERO BBVA MEXICO/TX     | BBVA BANCOMER SA REG S SUB (H) 8.45% 06-29-38/33                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |     28937000 | PA      | $32186972.34   | 0.10%             | 2038-06-29      | Variable      | 8.45%                 | Yes           |                  2 | On Loan: No      |
| BRASKEM NETHERLANDS FINANCE BV                                                   | BRASKEM NETHERLANDS FINANCE BV REG S SR UNSEC 8.5% 01-12-31                                  | CUSIP: N/A<br>LEI: 2549000TLMHFQ74DS330       | Long             | DBT              | CORP              | NL        |     24403000 | PA      | $10447900.42   | 0.03%             | 2031-01-12      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | BARCLAYS PLC GBP REG S SR UNSEC 7.09% 11-06-29/28                                            | CUSIP: N/A<br>LEI: 213800LBQA1Y9L22JB70       | Long             | DBT              | CORP              | GB        |      4360000 | PA      | $6346243.40    | 0.02%             | 2029-11-06      | Variable      | 7.09%                 | No            |                  2 | On Loan: No      |
| CAIXABANK SA                                                                     | CAIXABANK SA 144A LIFE SR NON PREF 5.673% 03-15-30/29                                        | CUSIP: 12803RAG9<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |       418000 | PA      | $434528.14     | 0.00%             | 2030-03-15      | Variable      | 5.67%                 | Yes           |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS HEALTH CORP SR UNSEC 5.4% 06-01-29                                                       | CUSIP: 126650EB2<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |      8600000 | PA      | $8906968.40    | 0.03%             | 2029-06-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| CAIXABANK SA                                                                     | CAIXABANK SA EUR REG S SUB (B) 4.375% 08-08-36/31                                            | CUSIP: N/A<br>LEI: 7CUNS533WID6K7DGFI87       | Long             | DBT              | CORP              | ES        |     10200000 | PA      | $12536905.52   | 0.04%             | 2036-08-08      | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| BRAZIL FEDERATIVE REPUBLIC OF (GOVERNMENT)                                       | BRAZIL NOTAS DO TESOURO NACIONAL SERIE B BRL I/L 6.0% 08-15-60                               | CUSIP: N/A<br>LEI: 254900ZFY40OYEADAP90       | Long             | DBT              | NUSS              | BR        |        13737 | PA      | $2264785.17    | 0.01%             | 2060-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BRAZIL FEDERATIVE REPUBLIC OF (GOVERNMENT)                                       | BRAZIL NOTAS DO TESOURO NACIONAL SERIE F BRL 10.0% 01-01-35                                  | CUSIP: N/A<br>LEI: 254900ZFY40OYEADAP90       | Long             | DBT              | NUSS              | BR        |       257532 | PA      | $40845977.18   | 0.13%             | 2035-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| MEXICO (UNITED MEXICAN STATES) (GOVERNMENT)                                      | MEXICAN BONOS MXN 7.75% 05-29-31                                                             | CUSIP: N/A<br>LEI: 254900EGTWEU67VP6075       | Long             | DBT              | NUSS              | MX        |       174520 | PA      | $975571.39     | 0.00%             | 2031-05-29      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CANADA (GOVERNMENT OF)                                                           | CANADIAN GOVERNMENT BOND CAD 2.75% 12-01-48                                                  | CUSIP: 135087D35<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |      9900000 | PA      | $6091724.87    | 0.02%             | 2048-12-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| CHILE (REPUBLIC OF)                                                              | BONOS DE LA TESORERIA DE LA REPUBLICA EN PESOS CLP 144A LIFE/REG S 4.7% 09-01-30             | CUSIP: N/A<br>LEI: 549300FLZTJM5YJF8D34       | Long             | DBT              | NUSS              | CL        |   2110000000 | PA      | $2395146.88    | 0.01%             | 2030-09-01      | Fixed         | 4.70%                 | Yes           |                  2 | On Loan: No      |
| CHINA PEOPLES REPUBLIC OF (GOVERNMENT)                                           | CHINA PEOPLES REP CNY 3.29% 05-23-29                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | CN        |       100000 | PA      | $15369.66      | 0.00%             | 2029-05-23      | Fixed         | 3.29%                 | No            |                  2 | On Loan: No      |
| COLOMBIA (REPUBLIC OF)                                                           | COLOMBIA GOVERNMENT INTERNATIONAL BOND 3.125% 04-15-31                                       | CUSIP: 195325DS1<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |       465000 | PA      | $403062.00     | 0.00%             | 2031-04-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| CHINA PEOPLES REPUBLIC OF (GOVERNMENT)                                           | CHINA GOVT BOND CNY 3.81% 09-14-50                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | CN        |      2640000 | PA      | $484753.54     | 0.00%             | 2050-09-14      | Fixed         | 3.81%                 | No            |                  2 | On Loan: No      |
| CANADA (GOVERNMENT OF)                                                           | CANADIAN GOVERNMENT BOND CAD 0.25% 03-01-26                                                  | CUSIP: 135087L51<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |     15710000 | PA      | $11520993.95   | 0.04%             | 2026-03-01      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| CANADA (GOVERNMENT OF)                                                           | CANADIAN GOVERNMENT BOND CAD 2.0% 06-01-32                                                   | CUSIP: 135087N59<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |       810000 | PA      | $556796.08     | 0.00%             | 2032-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CANADA (GOVERNMENT OF)                                                           | CANADIAN GOVERNMENT BOND CAD 3.5% 03-01-28                                                   | CUSIP: 135087P57<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |     72153000 | PA      | $53986208.34   | 0.17%             | 2028-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CHINA PEOPLES REPUBLIC OF (GOVERNMENT)                                           | CHINA GOVT BOND CNY 2.64% 01-15-28                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | CN        |    293360000 | PA      | $43312998.62   | 0.14%             | 2028-01-15      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| CHINA PEOPLES REPUBLIC OF (GOVERNMENT)                                           | CHINA GOVT BOND CNY 2.88% 02-25-33                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | CN        |    215080000 | PA      | $33518400.26   | 0.11%             | 2033-02-25      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| CHINA PEOPLES REPUBLIC OF (GOVERNMENT)                                           | CHINA GOVT BOND CNY 3.19% 04-15-53                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | CN        |     40000000 | PA      | $6750049.65    | 0.02%             | 2053-04-15      | Fixed         | 3.19%                 | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | OIS PAYFIX USD 3.825% 01-14-26/01-14-36 LCH                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $424638.67     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CHINA PEOPLES REPUBLIC OF (GOVERNMENT)                                           | CHINA GOVERNMENT BOND CNY 2.62% 06-25-30                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | CN        |    162510000 | PA      | $24494631.68   | 0.08%             | 2030-06-25      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| CHINA PEOPLES REPUBLIC OF (GOVERNMENT)                                           | CHINA GOVERNMENT BOND CNY 2.37% 01-15-29                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | CN        |    255520000 | PA      | $37829021.68   | 0.12%             | 2029-01-15      | Fixed         | 2.37%                 | No            |                  2 | On Loan: No      |
| CHINA PEOPLES REPUBLIC OF (GOVERNMENT)                                           | CHINA GOVERNMENT BOND CNY 2.27% 05-25-34                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | CN        |    130580000 | PA      | $19564411.36   | 0.06%             | 2034-05-25      | Fixed         | 2.27%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 FS8219 06-01-54                                                                | CUSIP: 3140XQDZ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      1255076 | PA      | $1296734.27    | 0.00%             | 2054-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 6.0 SD3432 07-01-53                                                                | CUSIP: 3132DQY59<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      1085793 | PA      | $1132604.16    | 0.00%             | 2053-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 6.0 SD5896 07-01-54                                                                | CUSIP: 3132DTRR3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      1040180 | PA      | $1069301.65    | 0.00%             | 2054-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CAMECO CORP                                                                      | CAMECO CORP                                                                                  | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |       482938 | NS      | $59730171.91   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CELANESE CORPORATION                                                             | CELANESE CORPORATION                                                                         | CUSIP: 150870103<br>LEI: 549300FHJQTDPPN41627 | Long             | EC               | CORP              | US        |       310825 | NS      | $13813063.00   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION ENERGY CORP                                                        | CONSTELLATION ENERGY CORP                                                                    | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |       225000 | NS      | $63153000.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| COMPAGNIE FINANCIERE RICHEMONT SA                                                | COMPAGNIE FINANCIERE RICHEMONT SA CL A                                                       | CUSIP: N/A<br>LEI: 549300YIPGJ6UX2QPS51       | Long             | EC               | CORP              | CH        |       443926 | NS      | $85879481.66   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| COMCAST CORP                                                                     | COMCAST CORP CL A                                                                            | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |      2791776 | NS      | $83055336.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| CANADIAN NATURAL RESOURCES LTD                                                   | CANADIAN NATURAL RESOURCES LTD                                                               | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |     16687271 | NS      | $620479955.00  | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| COMPASS GROUP PLC                                                                | COMPASS GROUP PLC                                                                            | CUSIP: N/A<br>LEI: 2138008M6MH9OZ6U2T68       | Long             | EC               | CORP              | GB        |      1436894 | NS      | $43000223.10   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| CTP NV                                                                           | CTP NV                                                                                       | CUSIP: N/A<br>LEI: 3157000YTVO4TN65UM14       | Long             | EC               | CORP              | NL        |      3460610 | NS      | $75149264.25   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| CHEVRON CORP                                                                     | CHEVRON CORP                                                                                 | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       464155 | NS      | $82109019.50   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| DOMINION ENERGY INC                                                              | DOMINION ENERGY INC                                                                          | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |      5415831 | NS      | $325870551.27  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| DEUTSCHE POST AG                                                                 | DEUTSCHE POST AG                                                                             | CUSIP: N/A<br>LEI: 8ER8GIG7CSMVD8VUFE78       | Long             | EC               | CORP              | DE        |      2400568 | NS      | $134649688.72  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| DTE ENERGY CO                                                                    | DTE ENERGY CO                                                                                | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Long             | EC               | CORP              | US        |      1213556 | NS      | $163077655.28  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| DUKE ENERGY CORP                                                                 | DUKE ENERGY CORP                                                                             | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |       963219 | NS      | $116886625.65  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| AIR LIQUIDE SA                                                                   | AIR LIQUIDE SA LOYALTY BONUS SHARES 2027 (NOT LISTED OR TRADING)                             | CUSIP: N/A<br>LEI: 969500MMPQVHK671GT54       | Long             | EC               | CORP              | FR        |       160399 | NS      | $30028967.18   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| EMBASSY OFFICE PARKS REIT                                                        | EMBASSY OFFICE PARKS REIT (REIT)                                                             | CUSIP: N/A<br>LEI: 335800O555A557E43Z08       | Long             | EC               | CORP              | IN        |     12500000 | NS      | $59010735.15   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| BPER BANCA SPA                                                                   | BPER BANCA SPA                                                                               | CUSIP: N/A<br>LEI: N747OI7JINV7RUUH6190       | Long             | EC               | CORP              | IT        |      2651638 | NS      | $37261677.07   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ENGIE SA                                                                         | ENGIE SA                                                                                     | CUSIP: N/A<br>LEI: LAXUQCHT4FH58LRZDY46       | Long             | EC               | CORP              | FR        |      1125890 | NS      | $33497800.25   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| E.ON SE                                                                          | E.ON SE                                                                                      | CUSIP: N/A<br>LEI: Q9MAIUP40P25UFBFG033       | Long             | EC               | CORP              | DE        |      4583192 | NS      | $97054947.04   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| EXPAND ENERGY CORP                                                               | EXPAND ENERGY CORP (NEW)                                                                     | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |       426359 | NS      | $47927015.19   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 3.875% 07-31-30                                                  | CUSIP: 91282CNN7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     39508000 | PA      | $39697824.09   | 0.13%             | 2030-07-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 4.25% 08-15-35                                                   | CUSIP: 91282CNT4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     17650000 | PA      | $17674819.43   | 0.06%             | 2035-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 4.75% 08-15-55                                                   | CUSIP: 912810UM8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     35574500 | PA      | $34807428.40   | 0.11%             | 2055-08-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 4.0 BV6252 10-01-55                                                                | CUSIP: 3140MK5N8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |       210908 | PA      | $201641.61     | 0.00%             | 2055-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 4.0 BV1591 04-01-55                                                                | CUSIP: 3140MEXV3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      1694773 | PA      | $1620315.14    | 0.01%             | 2055-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 4.0 DF3744 11-01-55                                                                | CUSIP: 3140BUES7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |       499157 | PA      | $477227.39     | 0.00%             | 2055-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ONSLOW BAY FINANCIAL LLC OBX_24-NQM7                                             | OBX 2024-NQM7 A1 144A 6.243% 03-25-64                                                        | CUSIP: 67119FAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      8899273 | PA      | $9024850.61    | 0.03%             | 2064-03-25      | Variable      | 6.24%                 | Yes           |                  2 | On Loan: No      |
| OBX 2025-NQM1                                                                    | OBX 2025-NQM1 A1 144A 5.547% 12-25-64                                                        | CUSIP: 673914AC1<br>LEI: 2549007E8KF1RJ2ZV866 | Long             | ABS-CBDO         | CORP              | US        |      6321440 | PA      | $6395805.66    | 0.02%             | 2064-12-25      | Variable      | 5.55%                 | Yes           |                  2 | On Loan: No      |
| OBX 2025-NQM3                                                                    | OBX 2025-NQM3 A1 144A 5.648% 12-01-64                                                        | CUSIP: 67448YAC8<br>LEI: 254900MBGY6CR10DAX67 | Long             | ABS-CBDO         | CORP              | US        |     11132323 | PA      | $11286461.40   | 0.04%             | 2064-12-01      | Variable      | 5.65%                 | Yes           |                  2 | On Loan: No      |
| PROG 2025-SFR3                                                                   | PROG 2025-SFR3 A 144A 3.39% 07-17-42                                                         | CUSIP: 74334BAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      2334000 | PA      | $2224325.34    | 0.01%             | 2042-07-17      | Fixed         | 3.39%                 | Yes           |                  2 | On Loan: No      |
| PRPM 2025-RPL3                                                                   | PRPM 2025-RPL3 A1 144A 3.25% 04-25-55                                                        | CUSIP: 69392NAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |       978039 | PA      | $951788.02     | 0.00%             | 2055-04-25      | Variable      | 3.25%                 | Yes           |                  2 | On Loan: No      |
| REALKREDIT DANMARK A/S                                                           | REALKREDIT DKK SR SEC REG S SF COVERED 1.0% 10-01-53                                         | CUSIP: N/A<br>LEI: 549300NLOMBOWE943Y30       | Long             | ABS-CBDO         | CORP              | DK        |     12285634 | PA      | $1512109.83    | 0.00%             | 2053-10-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| STAR 2025-SFR5                                                                   | STAR 2025-SFR5 A 144A FRN 02-17-42                                                           | CUSIP: 85520CAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |       624176 | PA      | $625166.79     | 0.00%             | 2042-02-17      | Variable      | 5.13%                 | Yes           |                  2 | On Loan: No      |
| STACR 2025-DNA1                                                                  | STACR 2025-DNA1 A1 144A FRN 01-25-45                                                         | CUSIP: 35564NFY4<br>LEI: 529900WZAMS87JCAOC53 | Long             | ABS-CBDO         | CORP              | US        |      1402235 | PA      | $1404695.92    | 0.00%             | 2045-01-25      | Variable      | 4.65%                 | Yes           |                  2 | On Loan: No      |
| SWCH 2025-DATA                                                                   | SWCH 2025-DATA A 144A FRN 02-15-42                                                           | CUSIP: 78489CAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     18578000 | PA      | $18471975.35   | 0.06%             | 2042-02-15      | Variable      | 5.12%                 | Yes           |                  2 | On Loan: No      |
| STACR 2025-DNA2                                                                  | STACR 2025-DNA2 A1 144A FRN 05-25-45                                                         | CUSIP: 35564NHY2<br>LEI: 529900XX8WXEM4FBIH80 | Long             | ABS-CBDO         | CORP              | US        |      1484518 | PA      | $1488578.16    | 0.00%             | 2045-05-25      | Variable      | 4.80%                 | Yes           |                  2 | On Loan: No      |
| TRICON RESIDENTIAL TRUST TCN_23-SFR1                                             | TCN 2023-SFR1 C 144A 5.1% 07-17-40                                                           | CUSIP: 89616WAC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |       425000 | PA      | $425738.65     | 0.00%             | 2040-07-17      | Fixed         | 5.10%                 | Yes           |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | IRS PAYFIX EUR 2.2577% 03-05-25/03-05-30 LCH                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $151755.68     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | IRS PAYFIX EUR 2.2592% 03-05-25/03-05-30 LCH                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $150388.77     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | IRS RECFIX NOK 3.925% 03-05-25/03-05-30 LCH                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $-103620.26    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | IRS RECFIX NOK 3.924% 03-05-25/03-05-30 LCH                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $-93875.45     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | IRS PAYFIX EUR 2.2562% 03-05-25/03-05-30 LCH                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $153122.59     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | IRS RECFIX NOK 3.92% 03-05-25/03-05-30 LCH                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $-95658.64     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | IRS RECFIX NOK 3.825% 03-06-25/03-06-30 LCH                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $-138308.55    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | IRS PAYFIX EUR 2.1912% 03-06-25/03-06-30 LCH                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $197737.16     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| RISKLESS ISSUER                                                                  | IRS RECFIX NOK 4.1703% 03-24-25/03-24-30 LCH                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |            1 | NC      | $4465.37       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | GOLDMAN SACHS GROUP INC SR UNSEC 1.992% 01-27-32/31                                          | CUSIP: 38141GXR0<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |       240000 | PA      | $213067.44     | 0.00%             | 2032-01-27      | Variable      | 1.99%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINANCIAL CO INC                                                  | GENERAL MOTORS FINANCIAL CO INC SR UNSEC 2.4% 04-10-28                                       | CUSIP: 37045XDH6<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |      9800000 | PA      | $9458832.60    | 0.03%             | 2028-04-10      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | GOLDMAN SACHS GROUP INC SR UNSEC 2.64% 02-24-28/27                                           | CUSIP: 38141GZK3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |       460000 | PA      | $453489.62     | 0.00%             | 2028-02-24      | Variable      | 2.64%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC CO                                                      | PACIFIC GAS AND ELECTRIC CO SR SEC 1ST LIEN 6.15% 01-15-33                                   | CUSIP: 694308KJ5<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |      5278000 | PA      | $5599044.91    | 0.02%             | 2033-01-15      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| PFIZER INVESTMENT ENTERPRISES PTE LTD                                            | PFIZER INVESTMENT ENTERPRISES PTE LTD SR UNSEC 4.75% 05-19-33                                | CUSIP: 716973AE2<br>LEI: 5493000FQO8XF9C0RT95 | Long             | DBT              | CORP              | SG        |      8969000 | PA      | $9062053.38    | 0.03%             | 2033-05-19      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PFIZER INVESTMENT ENTERPRISES PTE LTD                                            | PFIZER INVESTMENT ENTERPRISES PTE LTD SR UNSEC 5.3% 05-19-53                                 | CUSIP: 716973AG7<br>LEI: 5493000FQO8XF9C0RT95 | Long             | DBT              | CORP              | SG        |      1352000 | PA      | $1283184.55    | 0.00%             | 2053-05-19      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES GROUP INC                                                 | PNC FINANCIAL SERVICES GROUP INC SR UNSEC 6.875% 10-20-34/33                                 | CUSIP: 693475BU8<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |      4805000 | PA      | $5401694.51    | 0.02%             | 2034-10-20      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| PACIFICORP                                                                       | PACIFICORP SR SEC 1ST LIEN 5.3% 02-15-31                                                     | CUSIP: 695114DC9<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |        60000 | PA      | $61761.00      | 0.00%             | 2031-02-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| POSCO CO LTD                                                                     | POSCO 144A LIFE SR UNSEC 4.875% 01-23-27                                                     | CUSIP: 73730EAG8<br>LEI: 9884000N94NH7G6LQ816 | Long             | DBT              | CORP              | KR        |      2110000 | PA      | $2125987.47    | 0.01%             | 2027-01-23      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES GROUP INC                                                 | PNC FINANCIAL SERVICES GROUP INC SR UNSEC 5.676% 01-22-35/34                                 | CUSIP: 693475BW4<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |      1375000 | PA      | $1443029.50    | 0.00%             | 2035-01-22      | Variable      | 5.68%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.5 MA5472 09-01-54                                                                | CUSIP: 31418FCJ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |        37224 | PA      | $38539.04      | 0.00%             | 2054-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| QATAR ENERGY                                                                     | QATARENERGY 144A LIFE SR UNSEC 1.375% 09-12-26                                               | CUSIP: 74730DAB9<br>LEI: 254900QTESJKJ3P87J26 | Long             | DBT              | CORP              | QA        |       680000 | PA      | $668641.96     | 0.00%             | 2026-09-12      | Fixed         | 1.38%                 | Yes           |                  2 | On Loan: No      |
| QATAR ENERGY                                                                     | QATARENERGY 144A LIFE SR UNSEC 3.125% 07-12-41                                               | CUSIP: 74730DAE3<br>LEI: 254900QTESJKJ3P87J26 | Long             | DBT              | CORP              | QA        |     19795000 | PA      | $15183398.44   | 0.05%             | 2041-07-12      | Fixed         | 3.12%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.5 SD8475 11-01-54                                                                | CUSIP: 3132DWMY6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      3659776 | PA      | $3714270.47    | 0.01%             | 2054-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.5 QX1414 12-01-54                                                                | CUSIP: 31425VSC8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |       305496 | PA      | $310044.85     | 0.00%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP - GOLD                                           | FGLMC 4.5 Z40273 10-01-48                                                                    | CUSIP: 3132FCJS5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       209268 | PA      | $208931.96     | 0.00%             | 2048-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 4.5 FS9792 12-01-50                                                                | CUSIP: 3140XR3A1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |       133206 | PA      | $132834.12     | 0.00%             | 2050-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| RAIZEN FUELS FINANCE SA                                                          | RAIZEN FUELS FINANCE SA 144A LIFE SR UNSEC 6.45% 03-05-34                                    | CUSIP: 75102XAB2<br>LEI: 52990010NH26VC32Q522 | Long             | DBT              | CORP              | LU        |      8145000 | PA      | $6683990.63    | 0.02%             | 2034-03-05      | Fixed         | 6.45%                 | Yes           |                  2 | On Loan: No      |
| RAIZEN FUELS FINANCE SA                                                          | RAIZEN FUELS FINANCE SA 144A LIFE SR UNSEC 6.95% 03-05-54                                    | CUSIP: 75102XAC0<br>LEI: 52990010NH26VC32Q522 | Long             | DBT              | CORP              | LU        |      1040000 | PA      | $793988.00     | 0.00%             | 2054-03-05      | Fixed         | 6.95%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 FS8795 08-01-54                                                                | CUSIP: 3140XQXZ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |       261943 | PA      | $268421.84     | 0.00%             | 2054-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 5.0 BU5361 12-01-54                                                                | CUSIP: 3140M65X7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |       838328 | PA      | $842175.00     | 0.00%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| REGENERON PHARMACEUTICALS INC                                                    | REGENERON PHARMACEUTICALS INC SR UNSEC 1.75% 09-15-30                                        | CUSIP: 75886FAE7<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | DBT              | CORP              | US        |      3502000 | PA      | $3133638.63    | 0.01%             | 2030-09-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX CORP SR UNSEC 6.1% 03-15-34                                                              | CUSIP: 75513ECW9<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |      3535000 | PA      | $3858922.66    | 0.01%             | 2034-03-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| SHELL FINANCE US INC                                                             | SHELL FINANCE US INC SR UNSEC 2.375% 11-07-29                                                | CUSIP: 822905AF2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      2060000 | PA      | $1947217.06    | 0.01%             | 2029-11-07      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON CO                                                    | SOUTHERN CALIFORNIA EDISON CO SR SEC 1ST LIEN 5.45% 03-01-35                                 | CUSIP: 842400JG9<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |      4390000 | PA      | $4440647.43    | 0.01%             | 2035-03-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.0 QX1743 12-01-54                                                                | CUSIP: 31425V5D1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |       727939 | PA      | $731316.86     | 0.00%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 4.0 MA5697 05-01-55                                                                | CUSIP: 31418FKK2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      3717709 | PA      | $3555245.44    | 0.01%             | 2055-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON CO                                                    | SOUTHERN CALIFORNIA EDISON CO SR SEC 1ST LIEN 5.9% 03-01-55                                  | CUSIP: 842400JH7<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |       600000 | PA      | $579760.20     | 0.00%             | 2055-03-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| SEVERN TRENT UTILITIES FINANCE PLC                                               | SEVERN TRENT UTILITIES FINANCE PLC EUR REG S SR UNSEC (B) 3.875% 08-04-35                    | CUSIP: N/A<br>LEI: 213800KY9PT6WBH33232       | Long             | DBT              | CORP              | GB        |       300000 | PA      | $359526.61     | 0.00%             | 2035-08-04      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 5.0 MA5734 06-01-55                                                                | CUSIP: 31418FLQ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      3150955 | PA      | $3153551.30    | 0.01%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.0 RQ0012 06-01-55                                                                | CUSIP: 3142J6AN3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      3376117 | PA      | $3378898.77    | 0.01%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | JPY FWD PUR FROM USD 2/9/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $30271.09      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | JPY FWD PUR FROM USD 2/9/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $622221.90     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON CO                                                    | SOUTHERN CALIFORNIA EDISON CO SR SEC 1ST LIEN 6.2% 09-15-55                                  | CUSIP: 842400JK0<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |      3910000 | PA      | $3946632.79    | 0.01%             | 2055-09-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                                           | STANDARD CHARTERED PLC 144A LIFE SR UNSEC 5.244% 05-13-31/30                                 | CUSIP: 85325C2H4<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |     22090000 | PA      | $22757316.81   | 0.07%             | 2031-05-13      | Variable      | 5.24%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                              | JPY FWD PUR FROM USD 2/9/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-260606.84    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SHIRE ACQUISITIONS INVESTMENTS IRELAND DAC                                       | SHIRE ACQUISITIONS INVESTMENTS IRELAND DAC SR UNSEC 3.2% 09-23-26                            | CUSIP: 82481LAD1<br>LEI: 549300XK5HGW68R8K327 | Long             | DBT              | CORP              | IE        |        21000 | PA      | $20911.21      | 0.00%             | 2026-09-23      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| SANDS CHINA LTD                                                                  | SANDS CHINA LTD SR UNSEC 5.4% 08-08-28                                                       | CUSIP: 80007RAE5<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | MO        |     14233000 | PA      | $14515710.08   | 0.05%             | 2028-08-08      | Variable      | 5.40%                 | No            |                  2 | On Loan: No      |
| SWISS RE FINANCE (LUXEMBOURG) SA                                                 | SWISS RE FINANCE LUXEMBOURG SA 144A LIFE SUB (H) 5.0% 04-02-49/29                            | CUSIP: 87089NAA8<br>LEI: 549300CLQZ6TM98LW631 | Long             | DBT              | CORP              | LU        |      1000000 | PA      | $1008668.00    | 0.00%             | 2049-04-02      | Variable      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON CO                                                    | SOUTHERN CALIFORNIA EDISON CO SR SEC 1ST LIEN 2.85% 08-01-29                                 | CUSIP: 842400GS6<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |       525000 | PA      | $499304.93     | 0.00%             | 2029-08-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH OF AUSTRALIA                                                        | AUSTRALIA GOVERNMENT BOND AUD REG S 3.75% 05-21-34                                           | CUSIP: N/A<br>LEI: 213800J6B7JSBDETCB42       | Long             | DBT              | NUSS              | AU        |     59670000 | PA      | $38874891.50   | 0.12%             | 2034-05-21      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| SPAIN (KINGDOM OF)                                                               | SPAIN GOVERNMENT BOND EUR 144A LIFE/REG S 2.7% 10-31-48                                      | CUSIP: N/A<br>LEI: 9598007A56S18711AH60       | Long             | DBT              | NUSS              | ES        |      2940000 | PA      | $2851389.83    | 0.01%             | 2048-10-31      | Fixed         | 2.70%                 | Yes           |                  2 | On Loan: No      |
| BRAZIL FEDERATIVE REPUBLIC OF (GOVERNMENT)                                       | BRAZIL NOTAS DO TESOURO NACIONAL SERIE F BRL 10.0% 01-01-31                                  | CUSIP: N/A<br>LEI: 254900ZFY40OYEADAP90       | Long             | DBT              | NUSS              | BR        |        83465 | PA      | $14171353.88   | 0.04%             | 2031-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| CHINA PEOPLES REPUBLIC OF (GOVERNMENT)                                           | CHINA GOVERNMENT BOND CNY 1.63% 10-25-30                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | CN        |    132370000 | PA      | $19094274.87   | 0.06%             | 2030-10-25      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| ESTONIA (REPUBLIC OF)                                                            | ESTONIA GOVERNMENT INTERNATIONAL BOND EUR REG S 3.25% 01-17-34                               | CUSIP: N/A<br>LEI: 254900EIG0O7C6C9R437       | Long             | DBT              | NUSS              | EE        |     11180000 | PA      | $13312444.34   | 0.04%             | 2034-01-17      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| FRANCE (REPUBLIC OF)                                                             | FRENCH REPUBLIC GOVERNMENT BOND OAT EUR 144A LIFE/REG S 1.25% 05-25-34                       | CUSIP: N/A<br>LEI: 969500KCGF3SUYJHPV70       | Long             | DBT              | NUSS              | FR        |     20510000 | PA      | $20822216.43   | 0.07%             | 2034-05-25      | Fixed         | 1.25%                 | Yes           |                  2 | On Loan: No      |
| FRANCE (REPUBLIC OF)                                                             | FRENCH REPUBLIC GOVERNMENT BOND OAT EUR 144A LIFE/REG S 0.0% 11-25-30                        | CUSIP: N/A<br>LEI: 969500KCGF3SUYJHPV70       | Long             | DBT              | NUSS              | FR        |    128880000 | PA      | $134598457.23  | 0.43%             | 2030-11-25      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| FRANCE (REPUBLIC OF)                                                             | FRENCH REPUBLIC GOVERNMENT BOND OAT EUR 144A LIFE/REG S 0.75% 02-25-28                       | CUSIP: N/A<br>LEI: 969500KCGF3SUYJHPV70       | Long             | DBT              | NUSS              | FR        |      2390000 | PA      | $2750727.91    | 0.01%             | 2028-02-25      | Fixed         | 0.75%                 | Yes           |                  2 | On Loan: No      |
| FRANCE (REPUBLIC OF)                                                             | FRENCH REPUBLIC GOVERNMENT BOND OAT EUR 144A LIFE/REG S (B) 3.0% 05-25-54                    | CUSIP: N/A<br>LEI: 969500KCGF3SUYJHPV70       | Long             | DBT              | NUSS              | FR        |       310000 | PA      | $287121.42     | 0.00%             | 2054-05-25      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 4.0% 02-28-30                                                    | CUSIP: 91282CGQ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     73000000 | PA      | $73761368.10   | 0.23%             | 2030-02-28      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 3.875% 05-15-43                                                  | CUSIP: 912810TS7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     10690000 | PA      | $9560868.75    | 0.03%             | 2043-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 4.0% 06-30-28                                                    | CUSIP: 91282CHK0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    300000000 | PA      | $303082020.00  | 0.96%             | 2028-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 3.875% 08-15-33                                                  | CUSIP: 91282CHT1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     27488000 | PA      | $27131513.63   | 0.09%             | 2033-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 4.375% 08-31-28                                                  | CUSIP: 91282CHX2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     94464000 | PA      | $96297933.54   | 0.31%             | 2028-08-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 4.625% 09-30-28                                                  | CUSIP: 91282CJA0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    125500000 | PA      | $128804176.55  | 0.41%             | 2028-09-30      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY INFLATION INDEXED BONDS I/L 2.375% 10-15-28                           | CUSIP: 91282CJH5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      4056081 | PA      | $4215472.07    | 0.01%             | 2028-10-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 4.5% 11-15-33                                                    | CUSIP: 91282CJJ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      3714000 | PA      | $3814393.88    | 0.01%             | 2033-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 4.75% 11-15-53                                                   | CUSIP: 912810TV0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      2742800 | PA      | $2680230.15    | 0.01%             | 2053-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 4.75% 11-15-43                                                   | CUSIP: 912810TW8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      6794000 | PA      | $6767991.89    | 0.02%             | 2043-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 4.0% 01-31-29                                                    | CUSIP: 91282CJW2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      3231300 | PA      | $3267399.76    | 0.01%             | 2029-01-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 4.125% 03-31-29                                                  | CUSIP: 91282CKG5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     54850000 | PA      | $55668789.83   | 0.18%             | 2029-03-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 4.5% 04-15-27                                                    | CUSIP: 91282CKJ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     77457000 | PA      | $78329715.76   | 0.25%             | 2027-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 4.625% 04-30-29                                                  | CUSIP: 91282CKP5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     19300000 | PA      | $19880507.33   | 0.06%             | 2029-04-30      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 3.875% 08-15-34                                                  | CUSIP: 91282CLF6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |       271000 | PA      | $265452.96     | 0.00%             | 2034-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 4.25% 08-15-54                                                   | CUSIP: 912810UC0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     12540000 | PA      | $11285020.63   | 0.04%             | 2054-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 3.625% 08-31-29                                                  | CUSIP: 91282CLK5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     25480000 | PA      | $25436204.98   | 0.08%             | 2029-08-31      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 3.75% 08-31-26                                                   | CUSIP: 91282CLH2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     40780000 | PA      | $40813451.83   | 0.13%             | 2026-08-31      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 3.5% 09-30-29                                                    | CUSIP: 91282CLN9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     50010000 | PA      | $49699392.89   | 0.16%             | 2029-09-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 4.25% 11-15-34                                                   | CUSIP: 91282CLW9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      1851000 | PA      | $1860255.19    | 0.01%             | 2034-11-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 4.5% 11-15-54                                                    | CUSIP: 912810UE6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |        12000 | PA      | $11262.19      | 0.00%             | 2054-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 4.25% 12-31-26                                                   | CUSIP: 91282CME8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |       231000 | PA      | $232421.18     | 0.00%             | 2026-12-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 4.625% 02-15-35                                                  | CUSIP: 91282CMM0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      4887000 | PA      | $5043536.47    | 0.02%             | 2035-02-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 4.625% 02-15-55                                                  | CUSIP: 912810UG1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |       546000 | PA      | $523306.93     | 0.00%             | 2055-02-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY INFLATION INDEXED BONDS I/L 2.375% 02-15-55                           | CUSIP: 912810UH9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     62045600 | PA      | $58899707.40   | 0.19%             | 2055-02-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| STATE OF VICTORIA AUSTRALIA                                                      | TREASURY CORP OF VICTORIA AUD 5.5% 09-15-39                                                  | CUSIP: N/A<br>LEI: 98450066F0AF9A5F9744       | Long             | DBT              | NUSS              | AU        |     54015000 | PA      | $36934800.58   | 0.12%             | 2039-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 3.75% 04-30-27                                                   | CUSIP: 91282CMY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      5939000 | PA      | $5955120.82    | 0.02%             | 2027-04-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 4.75% 05-15-55                                                   | CUSIP: 912810UK2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     10050000 | PA      | $9830157.26    | 0.03%             | 2055-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 4.25% 05-15-35                                                   | CUSIP: 91282CNC1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     28505800 | PA      | $28579290.80   | 0.09%             | 2035-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 3.875% 05-31-27                                                  | CUSIP: 91282CNE7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     20639000 | PA      | $20730723.84   | 0.07%             | 2027-05-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 4.0% 05-31-30                                                    | CUSIP: 91282CNG2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     25580000 | PA      | $25837797.80   | 0.08%             | 2030-05-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 3.75% 06-30-27                                                   | CUSIP: 91282CNL1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      5140000 | PA      | $5156089.74    | 0.02%             | 2027-06-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 3.875% 06-30-30                                                  | CUSIP: 91282CNK3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    210887000 | PA      | $211933189.32  | 0.67%             | 2030-06-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 3.875% 07-31-27                                                  | CUSIP: 91282CNP2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    114036000 | PA      | $114617640.62  | 0.36%             | 2027-07-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SMURFIT WESTROCK PLC                                                             | SMURFIT WESTROCK PLC                                                                         | CUSIP: N/A<br>LEI: 635400EGSEOPDW2EXS14       | Long             | EC               | CORP              | IE        |      2707562 | NS      | $112715806.06  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| STRYKER CORP                                                                     | STRYKER CORP                                                                                 | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |       231286 | NS      | $85474054.16   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| SYSCO CORP                                                                       | SYSCO CORP                                                                                   | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |       702095 | NS      | $58870665.75   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T INC                                                                         | AT&T INC                                                                                     | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |      9129255 | NS      | $239277773.55  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANSDIGM GROUP INC                                                              | TRANSDIGM GROUP INC                                                                          | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       106628 | NS      | $152215735.12  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| UBER TECHNOLOGIES INC                                                            | UBER TECHNOLOGIES INC                                                                        | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |      1364402 | NS      | $109220380.10  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| ASX LTD                                                                          | AUS GB 10YR FUT XMH6 03-16-26                                                                | CUSIP: N/A<br>LEI: 549300VSBVYUCBIQKT71       | N/A              | DIR              | CORP              | AU        |         1800 | NC      | $-539677.39    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| TMX GROUP LTD                                                                    | CORRA 90DAY FUT CORM6 09-15-26                                                               | CUSIP: N/A<br>LEI: 549300N65GFVKSHGJW59       | N/A              | DIR              | CORP              | CA        |            5 | NC      | $454.76        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| TMX GROUP LTD                                                                    | CORRA 90DAY FUT CORH6 06-16-26                                                               | CUSIP: N/A<br>LEI: 549300N65GFVKSHGJW59       | N/A              | DIR              | CORP              | CA        |         6308 | NC      | $3910189.19    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                              | CAD FWD PUR FROM USD 2/6/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $257325.88     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | CAD FWD SALE TO EUR 2/9/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-58672.11     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | CNH FWD SALE TO USD 2/9/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-631703.45    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | CNH FWD PUR FROM USD 2/9/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $4610.76       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | CNH FWD SALE TO USD 2/9/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-12209.94     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | CNH FWD PUR FROM USD 2/9/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $11031.11      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | DKK FWD SALE TO EUR 2/6/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-5951.77      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | DKK FWD SALE TO USD 2/6/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-86220.56     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | EUR FWD PUR FROM USD 3/16/2026                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $755107.45     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | EUR FWD PUR FROM USD 3/16/2026                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $35628.78      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | EUR FWD SALE TO USD 2/9/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-6063769.26   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | EUR FWD SALE TO USD 4/9/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-194703.33    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | EUR FWD SALE TO GBP 2/9/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $6041.47       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | EUR FWD SALE TO USD 2/20/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-3553821.86   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | EUR FWD SALE TO USD 2/13/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-4614.96      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | EUR FWD SALE TO USD 2/13/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-99368.95     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | EUR FWD SALE TO USD 2/24/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-3997118.36   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | EUR FWD PUR FROM USD 2/9/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $114190.21     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | EUR FWD SALE TO USD 2/9/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-1423856.78   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | EUR FWD SALE TO GBP 2/20/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $232461.24     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | EUR FWD SALE TO USD 4/27/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-277103.39    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | EUR FWD SALE TO USD 4/27/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-12618.95     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | EUR FWD SALE TO USD 2/23/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-1914127.42   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | EUR FWD SALE TO USD 2/27/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-1205887.49   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | EUR FWD PUR FROM USD 3/2/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-212466.43    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | EUR FWD PUR FROM USD 2/9/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-52499.98     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | EUR FWD PUR FROM USD 2/20/2026                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-2208.75      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | EUR FWD PUR FROM USD 3/4/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-6896.61      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | EUR FWD SALE TO JPY 4/30/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-263352.71    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.5 RJ1963 07-01-54                                                                | CUSIP: 3142GSFD5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      2509799 | PA      | $2562055.57    | 0.01%             | 2054-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 FS8318 07-01-54                                                                | CUSIP: 3140XQG43<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      3056543 | PA      | $3187414.52    | 0.01%             | 2054-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 6.0 RJ1975 07-01-54                                                                | CUSIP: 3142GSFR4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      6569046 | PA      | $6789193.92    | 0.02%             | 2054-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 CB8858 07-01-54                                                                | CUSIP: 3140QUZY5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      1337185 | PA      | $1381389.32    | 0.00%             | 2054-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 6.0 SD8454 08-01-54                                                                | CUSIP: 3132DWMB6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      4251875 | PA      | $4354638.86    | 0.01%             | 2054-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 MA5445 08-01-54                                                                | CUSIP: 31418FBP1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      8221311 | PA      | $8422297.01    | 0.03%             | 2054-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 DB6878 06-01-54                                                                | CUSIP: 3140AGUC6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      2861409 | PA      | $2932463.61    | 0.01%             | 2054-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 DB6901 07-01-54                                                                | CUSIP: 3140AGU36<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      1720184 | PA      | $1761758.99    | 0.01%             | 2054-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 5.5 DB5213 07-01-54                                                                | CUSIP: 3140AEYK9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |       892489 | PA      | $906019.22     | 0.00%             | 2054-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 5.5 FS4840 05-01-53                                                                | CUSIP: 3140XLLW6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |       152689 | PA      | $154962.31     | 0.00%             | 2053-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 6.0 SD3512 08-01-53                                                                | CUSIP: 3132DQ3V6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |       464338 | PA      | $478284.86     | 0.00%             | 2053-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 6.0 SD5873 07-01-54                                                                | CUSIP: 3132DTQ29<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      1529041 | PA      | $1571054.64    | 0.00%             | 2054-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 DB7692 08-01-54                                                                | CUSIP: 3140AHRN4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      1398049 | PA      | $1435061.93    | 0.00%             | 2054-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 DC0296 08-01-54                                                                | CUSIP: 3140AMKJ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |       419324 | PA      | $437278.70     | 0.00%             | 2054-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NMEF 2025-A                                                                      | NMEF 2025-A A2 144A 4.72% 07-15-32                                                           | CUSIP: 62919VAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      2452648 | PA      | $2463258.20    | 0.01%             | 2032-07-15      | Fixed         | 4.72%                 | Yes           |                  2 | On Loan: No      |
| NAVEL 2025-A                                                                     | NAVEL 2025-A A 144A 5.02% 07-15-55                                                           | CUSIP: 63943EAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      2147801 | PA      | $2173888.23    | 0.01%             | 2055-07-15      | Fixed         | 5.02%                 | Yes           |                  2 | On Loan: No      |
| PEAC 2025-1A                                                                     | PEAC 2025-1A A2 144A 4.94% 10-20-28                                                          | CUSIP: 69392HAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      2706217 | PA      | $2722919.98    | 0.01%             | 2028-10-20      | Fixed         | 4.94%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.0 QX2834 12-01-54                                                                | CUSIP: 31425XEG0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |       241826 | PA      | $242923.15     | 0.00%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.5 MA5446 08-01-54                                                                | CUSIP: 31418FBQ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |        12140 | PA      | $12568.78      | 0.00%             | 2054-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 DB7687 08-01-54                                                                | CUSIP: 3140AHRH7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |       530293 | PA      | $546937.14     | 0.00%             | 2054-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 DB7039 07-01-54                                                                | CUSIP: 3140AGZD9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      1063966 | PA      | $1095602.92    | 0.00%             | 2054-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 DB7690 08-01-54                                                                | CUSIP: 3140AHRL8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |       458959 | PA      | $476042.21     | 0.00%             | 2054-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 2.0 BV0894 01-01-52                                                                | CUSIP: 3140MD7G7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |       358151 | PA      | $291668.13     | 0.00%             | 2052-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 2.0 MA4769 09-01-52                                                                | CUSIP: 31418EJP6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |        57604 | PA      | $46902.89      | 0.00%             | 2052-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 6.0 QI3333 04-01-54                                                                | CUSIP: 3133W9V24<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |       590247 | PA      | $615122.27     | 0.00%             | 2054-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 6.0 SD5692 05-01-54                                                                | CUSIP: 3132DTKD1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |       824613 | PA      | $859830.08     | 0.00%             | 2054-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 2.0 QB7061 12-01-50                                                                | CUSIP: 3133ADZ25<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |       389944 | PA      | $317353.94     | 0.00%             | 2050-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 2.0 BU8256 02-01-52                                                                | CUSIP: 3140MAE67<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      1108473 | PA      | $900761.89     | 0.00%             | 2052-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 MA5587 01-01-55                                                                | CUSIP: 31418FF51<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |       453506 | PA      | $464467.15     | 0.00%             | 2055-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 6.0 SD8507 02-01-55                                                                | CUSIP: 3132DWNY5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      1272630 | PA      | $1303452.87    | 0.00%             | 2055-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.5 SD8506 02-01-55                                                                | CUSIP: 3132DWNX7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      1541417 | PA      | $1564368.89    | 0.00%             | 2055-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 4.0 MA5643 03-01-55                                                                | CUSIP: 31418FHV2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |       151774 | PA      | $145141.32     | 0.00%             | 2055-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 MA5615 02-01-55                                                                | CUSIP: 31418FGZ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      3443092 | PA      | $3526311.34    | 0.01%             | 2055-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 MA5647 03-01-55                                                                | CUSIP: 31418FHZ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      2303332 | PA      | $2359003.31    | 0.01%             | 2055-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.0 SD8491 12-01-54                                                                | CUSIP: 3132DWNG4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |         1177 | PA      | $1177.78       | 0.00%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 MA5674 04-01-55                                                                | CUSIP: 31418FJU2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      2746888 | PA      | $2813280.09    | 0.01%             | 2055-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 6.0 SD8525 04-01-55                                                                | CUSIP: 3132DWPJ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      2355484 | PA      | $2412415.86    | 0.01%             | 2055-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 DC7823 12-01-54                                                                | CUSIP: 3140AVVR9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |        64302 | PA      | $65875.04      | 0.00%             | 2054-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 5.5 FA0608 02-01-55                                                                | CUSIP: 3140W0VA0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     18177185 | PA      | $18447842.85   | 0.06%             | 2055-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 5.0 MA5699 05-01-55                                                                | CUSIP: 31418FKM8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      6261736 | PA      | $6266895.69    | 0.02%             | 2055-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.0 SD8532 05-01-55                                                                | CUSIP: 3132DWPR8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      5762231 | PA      | $5766979.41    | 0.02%             | 2055-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 5.5 MA5735 06-01-55                                                                | CUSIP: 31418FLR6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     15475586 | PA      | $15706017.24   | 0.05%             | 2055-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 MA5701 05-01-55                                                                | CUSIP: 31418FKP1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      1506708 | PA      | $1543126.38    | 0.00%             | 2055-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SGD FWD SALE TO USD 2/9/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-69327.95     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | TRY FWD PUR FROM USD 2/6/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $152572.35     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | THB FWD SALE TO USD 2/9/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $773.16        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | TRY FWD PUR FROM USD 2/9/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $3559.03       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | THB FWD SALE TO USD 2/9/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $404026.60     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | THB FWD PUR FROM USD 2/9/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-728645.30    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | THB FWD PUR FROM USD 2/9/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-36257.30     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ZURICH INSURANCE GROUP AG                                                        | ZURICH INSURANCE GROUP AG                                                                    | CUSIP: N/A<br>LEI: 529900QVNRBND50TXP03       | Long             | EC               | CORP              | CH        |       136215 | NS      | $96736349.52   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                              | ZAR FWD PUR FROM USD 2/9/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $320124.42     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | ZAR FWD PUR FROM USD 2/9/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $348021.39     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | ZAR FWD PUR FROM USD 2/9/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $7637.76       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | ZAR FWD PUR FROM USD 2/9/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $171444.11     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | ZAR FWD PUR FROM USD 4/28/2026                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $3684.62       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | ZAR FWD PUR FROM USD 4/28/2026                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $82199.16      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 5.5 FS4191 03-01-53                                                                | CUSIP: 3140XKUR9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |       205348 | PA      | $209822.48     | 0.00%             | 2053-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 5.5 CB8536 05-01-54                                                                | CUSIP: 3140QUPW0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      1456297 | PA      | $1494362.08    | 0.00%             | 2054-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.5 RJ1413 05-01-54                                                                | CUSIP: 3142GRSB7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |     11496797 | PA      | $11797312.14   | 0.04%             | 2054-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 5.5 FS8131 06-01-54                                                                | CUSIP: 3140XQA98<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      6064570 | PA      | $6213837.48    | 0.02%             | 2054-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.5 RJ1768 06-01-54                                                                | CUSIP: 3142GR6E5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      2731474 | PA      | $2799121.33    | 0.01%             | 2054-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 6.0 RJ2308 09-01-54                                                                | CUSIP: 3142GSR67<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      4622015 | PA      | $4819920.26    | 0.02%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 6.0 RJ2312 09-01-54                                                                | CUSIP: 3142GSSA7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      3287585 | PA      | $3388800.05    | 0.01%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 5.5 CB7104 09-01-53                                                                | CUSIP: 3140QS3N9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     20277988 | PA      | $20746734.39   | 0.07%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 5.5 DB7783 08-01-54                                                                | CUSIP: 3140AHUH3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      1649417 | PA      | $1676683.17    | 0.01%             | 2054-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.5 FS6767 01-01-54                                                                | CUSIP: 3140XNQV9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      1486491 | PA      | $1557404.06    | 0.00%             | 2054-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 6.5 RJ0326 11-01-53                                                                | CUSIP: 3142GQLG5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |       567497 | PA      | $589345.84     | 0.00%             | 2053-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 FS8756 08-01-54                                                                | CUSIP: 3140XQWS2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      1764800 | PA      | $1819132.53    | 0.01%             | 2054-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 6.0 SD6029 08-01-54                                                                | CUSIP: 3132DTVW7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      2645199 | PA      | $2726637.18    | 0.01%             | 2054-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 BU4916 08-01-54                                                                | CUSIP: 3140M6PA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      1960935 | PA      | $2014225.66    | 0.01%             | 2054-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 6.0 SD5813 07-01-54                                                                | CUSIP: 3132DTN63<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      4263730 | PA      | $4384756.24    | 0.01%             | 2054-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 FS8757 08-01-54                                                                | CUSIP: 3140XQWT0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      4334036 | PA      | $4509183.47    | 0.01%             | 2054-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 BU4968 08-01-54                                                                | CUSIP: 3140M6QW6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      1171904 | PA      | $1200903.82    | 0.00%             | 2054-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 FS8866 09-01-54                                                                | CUSIP: 3140XQZ83<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      4055797 | PA      | $4180662.80    | 0.01%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 FS8758 08-01-54                                                                | CUSIP: 3140XQWU7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      2094578 | PA      | $2151500.41    | 0.01%             | 2054-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 5.5 MA5470 09-01-54                                                                | CUSIP: 31418FCG0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |         4933 | PA      | $5005.98       | 0.00%             | 2054-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 5.5 BU4946 09-01-54                                                                | CUSIP: 3140M6P80<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      1039255 | PA      | $1054729.07    | 0.00%             | 2054-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.5 QJ3044 09-01-54                                                                | CUSIP: 3133CTLZ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      2087291 | PA      | $2118928.46    | 0.01%             | 2054-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 6.5 RJ2474 09-01-54                                                                | CUSIP: 3142GSXC7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |       217082 | PA      | $225267.66     | 0.00%             | 2054-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 6.5 RJ2470 09-01-54                                                                | CUSIP: 3142GSW87<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |        62121 | PA      | $64541.95      | 0.00%             | 2054-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 6.5 RJ2411 09-01-54                                                                | CUSIP: 3142GSVD7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |       144595 | PA      | $150263.02     | 0.00%             | 2054-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CDX HIGH GRADE ISSUER                                                            | CDX NA IG S45 1.0% 09-22-25/12-20-30 ICE                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              | CORP              | US        |            1 | NC      | $-106473.02    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ITRAXX CROSSOVER ISSUER                                                          | ITRAXX EUR XO S44 5.0% 09-22-25/12-20-30 ICE                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              | CORP              | US        |            1 | NC      | $-175343.62    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ITRAXX EUROPE ISSUER                                                             | ITRAXX EUR S44 1.0% 09-22-25/12-20-30 ICE                                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              | CORP              | US        |            1 | NC      | $-249361.52    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY INC                                                               | NEXTERA ENERGY INC                                                                           | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |       861963 | NS      | $75766547.70   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTERA ENERGY INC                                                               | NEXTERA ENERGY INC CV PFD EQUITY UNITS 7.234% 11-01-27                                       | CUSIP: 65339F119<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EP               | CORP              | US        |      1842800 | NS      | $94130224.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: —       |
| NEWMONT CORP                                                                     | NEWMONT CORP                                                                                 | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |      1386355 | NS      | $155756984.25  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| NESTLE SA                                                                        | NESTLE SA                                                                                    | CUSIP: N/A<br>LEI: KY37LUS27QQX7BB93L28       | Long             | EC               | CORP              | CH        |       668117 | NS      | $63462688.45   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| STARBUCKS CORP                                                                   | STARBUCKS CORP                                                                               | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |      1631175 | NS      | $149986541.25  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHERN COPPER CORP                                                             | SOUTHERN COPPER CORP                                                                         | CUSIP: 84265V105<br>LEI: 2549007U6NAP46Q9TU15 | Long             | EC               | CORP              | US        |       160502 | NS      | $30546740.64   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| SHELL PLC                                                                        | SHELL PLC (LONDON)                                                                           | CUSIP: N/A<br>LEI: 21380068P1DRHMJ8KU70       | Long             | EC               | CORP              | GB        |      3116020 | NS      | $119130738.15  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| STANDARD CHARTERED PLC                                                           | STANDARD CHARTERED PLC                                                                       | CUSIP: N/A<br>LEI: U4LOSYZ7YG4W3S5F2G91       | Long             | EC               | CORP              | GB        |      9282507 | NS      | $236505996.48  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| EUROPEAN UNION                                                                   | EUROPEAN UNION 3.625% 12-12-40                                                               | CUSIP: N/A<br>LEI: 529900FZRK8FGMPEOM08       | Long             | DBT              | NUSS              | BE        |     98575000 | PA      | $117012732.48  | 0.37%             | 2040-12-12      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| EUROPEAN UNION                                                                   | EUROPEAN UNION REG S SR UNSEC EUR (B) 0.0% 06-02-28                                          | CUSIP: N/A<br>LEI: 529900FZRK8FGMPEOM08       | Long             | DBT              | NUSS              | BE        |     10920000 | PA      | $12316677.06   | 0.04%             | 2028-06-02      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | EUROPEAN INVT BK EUR REG S SR UNSEC 0.25% 01-20-32                                           | CUSIP: N/A<br>LEI: 5493006YXS1U5GIHE750       | Long             | DBT              | NUSS              | LU        |     38000000 | PA      | $39181815.48   | 0.12%             | 2032-01-20      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | EUROPEAN INVT BK EUR REG S UNSEC 0.375% 09-15-27                                             | CUSIP: N/A<br>LEI: 5493006YXS1U5GIHE750       | Long             | DBT              | NUSS              | LU        |      8975000 | PA      | $10358159.47   | 0.03%             | 2027-09-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT                                 | EUROPEAN BK RECON & DEV 6.3% 10-26-27                                                        | CUSIP: N/A<br>LEI: 549300HTGDOVDU6OGK19       | Long             | DBT              | NUSS              | GB        |    255200000 | PA      | $2751124.66    | 0.01%             | 2027-10-26      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT                            | INTERNATIONAL BANK FOR RECONSTRUCT 6.75% 09-08-27                                            | CUSIP: N/A<br>LEI: ZTMSNXROF84AHWJNKQ93       | Long             | DBT              | NUSS              | US        |    911700000 | PA      | $9909047.89    | 0.03%             | 2027-09-08      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVELOPMENT BANK                                                  | INTER-AMERICAN DEVELOPMENT BANK 7.0% 01-25-29                                                | CUSIP: N/A<br>LEI: VKU1UKDS9E7LYLMACP54       | Long             | DBT              | NUSS              | US        |     19000000 | PA      | $206978.19     | 0.00%             | 2029-01-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ALA 2025-OANA                                                                    | ALA 2025-OANA A 144A FRN 06-15-40                                                            | CUSIP: 009920AA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      7860000 | PA      | $7935613.20    | 0.03%             | 2040-06-15      | Variable      | 5.42%                 | Yes           |                  2 | On Loan: No      |
| AMSR 2025-SFR1                                                                   | AMSR 2025-SFR1 A 144A 3.655% 06-17-42                                                        | CUSIP: 00182MAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      8151000 | PA      | $7849396.70    | 0.02%             | 2042-06-17      | Fixed         | 3.65%                 | Yes           |                  2 | On Loan: No      |
| BX 2025-BIO3                                                                     | BX 2025-BIO3 A 144A 6.1382% 02-10-42                                                         | CUSIP: 123911AA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      4650000 | PA      | $4758554.25    | 0.02%             | 2042-02-10      | Fixed         | 6.14%                 | Yes           |                  2 | On Loan: No      |
| BANK5 2025-5YR14                                                                 | BANK5 2025-5YR14 AS FRN 04-15-58                                                             | CUSIP: 06604MAF5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      4532000 | PA      | $4732373.32    | 0.02%             | 2058-04-15      | Variable      | 6.07%                 | No            |                  2 | On Loan: No      |
| BRAVO 2025-NQM5                                                                  | BRAVO 2025-NQM5 A1 144A 5.496% 02-25-65                                                      | CUSIP: 10569RAC6<br>LEI: 254900HGOJX787MBR512 | Long             | ABS-CBDO         | CORP              | US        |      6445174 | PA      | $6512610.03    | 0.02%             | 2065-02-25      | Variable      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 6.0 RJ1779 06-01-54                                                                | CUSIP: 3142GR6R6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      5035294 | PA      | $5232717.77    | 0.02%             | 2054-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 CB8755 06-01-54                                                                | CUSIP: 3140QUWR3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      1524128 | PA      | $1570897.87    | 0.00%             | 2054-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.5 RJ1857 06-01-54                                                                | CUSIP: 3142GSB31<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |     16367194 | PA      | $16692655.71   | 0.05%             | 2054-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 FS8153 06-01-54                                                                | CUSIP: 3140XQBX4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      4599071 | PA      | $4774824.85    | 0.02%             | 2054-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 FS7031 02-01-54                                                                | CUSIP: 3140XNY57<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      1525056 | PA      | $1575672.31    | 0.00%             | 2054-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 FS7503 02-01-54                                                                | CUSIP: 3140XPKR9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      1614546 | PA      | $1654538.04    | 0.01%             | 2054-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 6.0 SD8447 07-01-54                                                                | CUSIP: 3132DWL43<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      5308778 | PA      | $5437081.05    | 0.02%             | 2054-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 MA5421 07-01-54                                                                | CUSIP: 31418FAX5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      8135001 | PA      | $8331615.54    | 0.03%             | 2054-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 5.5 BU4699 07-01-54                                                                | CUSIP: 3140M6GH0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      3727927 | PA      | $3806418.82    | 0.01%             | 2054-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.0 BU4700 07-01-54                                                                | CUSIP: 3140M6GJ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      1838864 | PA      | $1895613.02    | 0.01%             | 2054-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 5.5 QI8872 07-01-54                                                                | CUSIP: 3133WF2D8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      1904478 | PA      | $1944480.15    | 0.01%             | 2054-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                  | FNCL UMBS 6.0 QI8874 07-01-54                                                                | CUSIP: 3133WF2F3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      2519794 | PA      | $2597113.54    | 0.01%             | 2054-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | FNCL UMBS 6.5 CB8872 07-01-54                                                                | CUSIP: 3140QU2E5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |       900191 | PA      | $938434.15     | 0.00%             | 2054-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | CZK FWD PUR FROM EUR 2/9/2026                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-73528.94     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | CAD FWD SALE TO USD 2/6/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-1047752.74   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | CZK FWD SALE TO USD 2/9/2026                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | NUSS              | N/A       |            1 | NC      | $-321838.24    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| AIA GROUP LTD                                                                    | AIA GROUP LTD                                                                                | CUSIP: N/A<br>LEI: ZP5ILWVSYE4LJGMMVD57       | Long             | EC               | CORP              | HK        |      5017400 | NS      | $58028198.56   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| PICC PROPERTY & CASUALTY CO LTD                                                  | PICC PROPERTY & CASUALTY CO LTD H                                                            | CUSIP: N/A<br>LEI: 300300F1000311000017       | Long             | EC               | CORP              | CN        |     21396000 | NS      | $44341629.01   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD                                        | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD                                                    | CUSIP: N/A<br>LEI: 549300KB6NK5SBD14S87       | Long             | EC               | CORP              | TW        |     14505200 | NS      | $818135684.78  | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| HITACHI LTD                                                                      | HITACHI LTD                                                                                  | CUSIP: N/A<br>LEI: 549300T6IPOCDWLKC615       | Long             | EC               | CORP              | JP        |      5603800 | NS      | $194119745.41  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| NITTO DENKO CORP                                                                 | NITTO DENKO CORP                                                                             | CUSIP: N/A<br>LEI: 3538009GX5P09USH2J25       | Long             | EC               | CORP              | JP        |      5243100 | NS      | $116069143.19  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| IHI CORP                                                                         | IHI CORP                                                                                     | CUSIP: N/A<br>LEI: 549300ETQIESIUQ2OE26       | Long             | EC               | CORP              | JP        |      9361100 | NS      | $215820656.50  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| NINTENDO CO LTD                                                                  | NINTENDO CO LTD                                                                              | CUSIP: N/A<br>LEI: 353800FEEXU6I9M0ZF27       | Long             | EC               | CORP              | JP        |       562300 | NS      | $36533513.18   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ITOCHU CORP                                                                      | ITOCHU CORP                                                                                  | CUSIP: N/A<br>LEI: J48DJYXDTLHM30UMYI18       | Long             | EC               | CORP              | JP        |      8750000 | NS      | $111438679.25  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| MIZUHO FINANCIAL GROUP INC                                                       | MIZUHO FINANCIAL GROUP INC                                                                   | CUSIP: N/A<br>LEI: 353800CI5L6DDAN5XZ33       | Long             | EC               | CORP              | JP        |      2333100 | NS      | $102257801.11  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| SOFTBANK GROUP CORP                                                              | SOFTBANK GROUP CORP                                                                          | CUSIP: N/A<br>LEI: 5493003BZYYYCDIO0R13       | Long             | EC               | CORP              | JP        |      1422908 | NS      | $39103306.57   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ANGLO AMERICAN PLC                                                               | ANGLO AMERICAN PLC                                                                           | CUSIP: N/A<br>LEI: 549300S9XF92D1X8ME43       | Long             | EC               | CORP              | GB        |      3000000 | NS      | $139900103.34  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC                                                                        | APPLE INC                                                                                    | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |       932104 | NS      | $241862345.92  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBVIE INC                                                                       | ABBVIE INC                                                                                   | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |       350565 | NS      | $78179500.65   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBOTT LABORATORIES                                                              | ABBOTT LABORATORIES                                                                          | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |      1853990 | NS      | $202641107.00  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| ACCOR SA                                                                         | ACCOR SA                                                                                     | CUSIP: N/A<br>LEI: 969500QZC2Q0TK11NV07       | Long             | EC               | CORP              | FR        |       699586 | NS      | $38029600.70   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ACCENTURE PLC                                                                    | ACCENTURE PLC CL A                                                                           | CUSIP: N/A<br>LEI: 5493000EWHDSR3MZWH98       | Long             | EC               | CORP              | IE        |       171573 | NS      | $45233505.72   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| AUTOMATIC DATA PROCESSING INC                                                    | AUTOMATIC DATA PROCESSING INC                                                                | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |       283350 | NS      | $69936447.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| AIRBUS SE                                                                        | AIRBUS SE                                                                                    | CUSIP: N/A<br>LEI: MINO79WLOO247M1IL051       | Long             | EC               | CORP              | FR        |       517222 | NS      | $118571431.82  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| AIR LIQUIDE SA                                                                   | AIR LIQUIDE SA                                                                               | CUSIP: N/A<br>LEI: 969500MMPQVHK671GT54       | Long             | EC               | CORP              | FR        |        27805 | NS      | $5205490.26    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ALNYLAM PHARMACEUTICALS INC                                                      | ALNYLAM PHARMACEUTICALS INC                                                                  | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |       269513 | NS      | $91111564.78   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLIED MATERIALS INC                                                            | APPLIED MATERIALS INC                                                                        | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |       240643 | NS      | $77564051.76   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC                                                                   | AMAZON.COM INC                                                                               | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      1920072 | NS      | $459473229.60  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| AIR PRODUCTS & CHEMICALS INC                                                     | AIR PRODUCTS & CHEMICALS INC                                                                 | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |       314807 | NS      | $85784907.50   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| APOLLO GLOBAL MANAGEMENT INC                                                     | APOLLO GLOBAL MANAGEMENT INC CV PFD SER A 6.75% 07-31-26                                     | CUSIP: 03769M304<br>LEI: 254900LMFT1CY9IYB476 | Long             | EP               | CORP              | US        |      1340451 | NS      | $92987085.87   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| ARGENX SE                                                                        | ARGENX SE (BEARER)                                                                           | CUSIP: N/A<br>LEI: 7245009C5FZE6G9ODQ71       | Long             | EC               | CORP              | NL        |        79093 | NS      | $65983282.44   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| ARM HOLDINGS PLC                                                                 | ARM HOLDINGS PLC ADR                                                                         | CUSIP: 042068205<br>LEI: 2138001E66EELTE7Y904 | Long             | EC               | CORP              | GB        |       650000 | NS      | $68484000.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC                                                                     | BROADCOM INC                                                                                 | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      2571486 | NS      | $851933311.80  | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| ASTRAZENECA PLC                                                                  | ASTRAZENECA PLC (GBP)                                                                        | CUSIP: N/A<br>LEI: PY6ZZQWO2IZFZC3IOL08       | Long             | EC               | CORP              | GB        |       230963 | NS      | $42981197.86   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| B3 SA - BRASIL BOLSA BALCAO                                                      | B3 SA - BRASIL BOLSA BALCAO                                                                  | CUSIP: N/A<br>LEI: 4GTK5S46E6H318LMDS44       | Long             | EC               | CORP              | BR        |    114403305 | NS      | $351073749.61  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| BAE SYSTEMS PLC                                                                  | BAE SYSTEMS PLC                                                                              | CUSIP: N/A<br>LEI: 8SVCSVKSGDWMW2QHOH83       | Long             | EC               | CORP              | GB        |      5790111 | NS      | $156398013.41  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| BANCO BPM SPA                                                                    | BANCO BPM SPA                                                                                | CUSIP: N/A<br>LEI: 815600E4E6DCD2D25E30       | Long             | EC               | CORP              | IT        |      6482521 | NS      | $96972790.36   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| BRITISH AMERICAN TOBACCO PLC                                                     | BRITISH AMERICAN TOBACCO PLC                                                                 | CUSIP: N/A<br>LEI: 213800FKA5MF17RJKT63       | Long             | EC               | CORP              | GB        |      3371985 | NS      | $201911075.37  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| BOMBARDIER INC                                                                   | BOMBARDIER INC CL B S/V                                                                      | CUSIP: 097751861<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | EC               | CORP              | CA        |       276506 | NS      | $47235384.03   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| BANCO BILBAO VIZCAYA ARGENTARIA SA                                               | BANCO BILBAO VIZCAYA ARGENTARIA SA                                                           | CUSIP: N/A<br>LEI: K8MS7FD7N5Z2WQ51AZ71       | Long             | EC               | CORP              | ES        |      9455281 | NS      | $240407682.46  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKROCK INC                                                                    | BLACKROCK INC                                                                                | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |        37664 | NS      | $42143756.16   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| BIOMARIN PHARMACEUTICAL INC                                                      | BIOMARIN PHARMACEUTICAL INC                                                                  | CUSIP: 09061G101<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | EC               | CORP              | US        |       736542 | NS      | $41644084.68   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP PARIBAS SA                                                                   | BNP PARIBAS SA                                                                               | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | Long             | EC               | CORP              | FR        |       737394 | NS      | $79715182.20   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| BOUYGUES SA                                                                      | BOUYGUES SA                                                                                  | CUSIP: N/A<br>LEI: 969500MOCLNQFNZN0D63       | Long             | EC               | CORP              | FR        |       964104 | NS      | $52123138.99   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| CATERPILLAR INC                                                                  | CATERPILLAR INC                                                                              | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |        69618 | NS      | $45764088.48   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CHUBB LTD                                                                        | CHUBB LTD                                                                                    | CUSIP: N/A<br>LEI: E0JAN6VLUDI1HITHT809       | Long             | EC               | CORP              | CH        |       655619 | NS      | $202953417.64  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITAL GROUP CENTRAL CORPORATE BOND FUND                                        | CAPITAL GROUP CENTRAL CORPORATE BOND FUND CL M (CCBF CL M)                                   | CUSIP: 14020L100<br>LEI: N/A                  | Long             | EC               | RF                | US        |     42895558 | NS      | $364183288.01  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS ENERGY CORP                                                                  | CMS ENERGY CORP SR UNSEC 3.0% 05-15-26                                                       | CUSIP: 125896BQ2<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |      1420000 | PA      | $1416062.34    | 0.00%             | 2026-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CENOVUS ENERGY INC                                                               | CENOVUS ENERGY INC SR UNSEC 5.4% 06-15-47                                                    | CUSIP: 15135UAR0<br>LEI: 549300F4XPHJ7NOSP309 | Long             | DBT              | CORP              | CA        |       523000 | PA      | $481366.06     | 0.00%             | 2047-06-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| CHINA DEVELOPMENT BANK                                                           | CHINA DEV BANK  CNY UNSEC 4.88% 02-09-28                                                     | CUSIP: N/A<br>LEI: 300300C1020111000029       | Long             | DBT              | USGA              | CN        |    128750000 | PA      | $19716417.57   | 0.06%             | 2028-02-09      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO                                                                     | COCA-COLA CO EUR SR UNSEC 1.25% 03-08-31                                                     | CUSIP: 191216CK4<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |      5900000 | PA      | $6447297.66    | 0.02%             | 2031-03-08      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| CSX CORP                                                                         | CSX CORP SR UNSEC 2.5% 05-15-51                                                              | CUSIP: 126408HT3<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |       275000 | PA      | $164514.08     | 0.00%             | 2051-05-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CARRIER GLOBAL CORP                                                              | CARRIER GLOBAL CORP SR UNSEC 2.493% 02-15-27                                                 | CUSIP: 14448CAP9<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |       277000 | PA      | $273204.55     | 0.00%             | 2027-02-15      | Fixed         | 2.49%                 | No            |                  2 | On Loan: No      |
| COPT DEFENSE PROPERTIES LP                                                       | COPT DEFENSE PROPERTIES LP SR UNSEC 2.75% 04-15-31                                           | CUSIP: 22003BAM8<br>LEI: H0TWO5VRNEP6CQAWPX27 | Long             | DBT              | CORP              | US        |       180000 | PA      | $164513.16     | 0.00%             | 2031-04-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC                                                                 | CCO HOLDINGS LLC 144A SR UNSEC 4.25% 01-15-34                                                | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     26475000 | PA      | $22389272.10   | 0.07%             | 2034-01-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | COMCAST CORP EUR SR UNSEC 0.25% 09-14-29                                                     | CUSIP: 20030NDY4<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     14155000 | PA      | $15370516.40   | 0.05%             | 2029-09-14      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY CO                                                      | CANADIAN PACIFIC RAILWAY CO SR UNSEC 3.0% 12-02-41                                           | CUSIP: 13645RBG8<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |      3453000 | PA      | $2595789.30    | 0.01%             | 2041-12-02      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY CO                                                      | CANADIAN PACIFIC RAILWAY CO SR UNSEC 3.1% 12-02-51                                           | CUSIP: 13645RBH6<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |     10761000 | PA      | $7148586.11    | 0.02%             | 2051-12-02      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                                                         | CELANESE US HOLDINGS LLC SR UNSEC 7.379% 07-15-32                                            | CUSIP: 15089QAP9<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |      2860000 | PA      | $2986226.10    | 0.01%             | 2032-07-15      | Variable      | 7.38%                 | No            |                  2 | On Loan: No      |
| CONSUMERS ENERGY COMPANY                                                         | CONSUMERS ENERGY CO SR SEC 1ST LIEN 3.6% 08-15-32                                            | CUSIP: 210518DP8<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |     10665000 | PA      | $10139759.42   | 0.03%             | 2032-08-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| CAIXABANK SA                                                                     | CAIXABANK SA 144A LIFE SR NON PREF 6.208% 01-18-29/28                                        | CUSIP: 12803RAA2<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |      6150000 | PA      | $6387488.40    | 0.02%             | 2029-01-18      | Variable      | 6.21%                 | Yes           |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | COMCAST CORP SR UNSEC 4.8% 05-15-33                                                          | CUSIP: 20030NEE7<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |       200000 | PA      | $201015.00     | 0.00%             | 2033-05-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE FINANCIAL INC                                                         | COREBRIDGE FINANCIAL INC SR UNSEC 3.9% 04-05-32                                              | CUSIP: 21871XAH2<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |      5290000 | PA      | $5041449.35    | 0.02%             | 2032-04-05      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                                                 | DUKE ENERGY CORP EUR SR UNSEC 3.75% 04-01-31                                                 | CUSIP: 26441CCD5<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |      6870000 | PA      | $8302581.53    | 0.03%             | 2031-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE TELEKOM INTERNATIONAL FINANCE BV                                        | DEUTSCHE TELEKOM INTERNATIONAL FINANCE BV SR UNSEC 9.25% 06-01-32                            | CUSIP: 25156PAD5<br>LEI: 529900ERDFHS6C1M4U58 | Long             | DBT              | CORP              | NL        |      1710000 | PA      | $2134962.36    | 0.01%             | 2032-06-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG                                                                 | DEUTSCHE BANK AG EUR REG S SR UNSEC (B) 1.75% 11-19-30/29                                    | CUSIP: N/A<br>LEI: 7LTWFZYICNSX8D621K86       | Long             | DBT              | CORP              | DE        |     14000000 | PA      | $15780090.45   | 0.05%             | 2030-11-19      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                                              | DOMINION ENERGY INC SR UNSEC 2.25% 08-15-31                                                  | CUSIP: 25746UDL0<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |       250000 | PA      | $223403.00     | 0.00%             | 2031-08-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| EATON CAPITAL ULC                                                                | EATON CAPITAL ULC EUR REG S SR UNSEC 3.802% 05-21-36                                         | CUSIP: N/A<br>LEI: 549300OLS85LSODKAF64       | Long             | DBT              | CORP              | IE        |      5690000 | PA      | $6857964.99    | 0.02%             | 2036-05-21      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                                             | EDISON INTERNATIONAL SR UNSEC 5.45% 06-15-29                                                 | CUSIP: 281020BA4<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |       150000 | PA      | $153192.45     | 0.00%             | 2029-06-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPERATING LLC                                                | ENTERPRISE PRODUCTS OPERATING LLC SR UNSEC 4.95% 02-15-35                                    | CUSIP: 29379VCG6<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |      1650000 | PA      | $1669296.75    | 0.01%             | 2035-02-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                                             | EDISON INTERNATIONAL SR UNSEC 6.25% 03-15-30                                                 | CUSIP: 281020BC0<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |      2693000 | PA      | $2829249.64    | 0.01%             | 2030-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| EXELON CORP                                                                      | EXELON CORP SR UNSEC 3.4% 04-15-26                                                           | CUSIP: 30161NAU5<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |      4390000 | PA      | $4385557.32    | 0.01%             | 2026-04-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                                                      | EQUINIX INC SR UNSEC 2.15% 07-15-30                                                          | CUSIP: 29444UBH8<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              | CORP              | US        |      5662000 | PA      | $5143519.34    | 0.02%             | 2030-07-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                                                      | EQUINIX INC SR UNSEC 3.0% 07-15-50                                                           | CUSIP: 29444UBJ4<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              | CORP              | US        |      1738000 | PA      | $1106605.46    | 0.00%             | 2050-07-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ENFRAGEN ENERGIA SUR SA                                                          | ENFRAGEN ENERGIA SUR SA REG S SR SEC 1ST LIEN 5.375% 12-30-30                                | CUSIP: N/A<br>LEI: 2549002TO75PYMY3VY07       | Long             | DBT              | CORP              | ES        |      8651000 | PA      | $8077222.43    | 0.03%             | 2030-12-30      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| ENEL FINANCE INTERNATIONAL NV                                                    | ENEL FINANCE INTERNATIONAL NV 144A LIFE SR UNSEC 2.125% 07-12-28                             | CUSIP: 29278GAN8<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |      9491000 | PA      | $9057375.19    | 0.03%             | 2028-07-12      | Variable      | 2.12%                 | Yes           |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                                                                | EVERSOURCE ENERGY SR UNSEC 1.4% 08-15-26                                                     | CUSIP: 30040WAN8<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |       425000 | PA      | $419152.85     | 0.00%             | 2026-08-15      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| E.ON SE                                                                          | E.ON SE EUR REG S SR UNSEC (B) 1.625% 03-29-31                                               | CUSIP: N/A<br>LEI: Q9MAIUP40P25UFBFG033       | Long             | DBT              | CORP              | DE        |     13370000 | PA      | $14867177.87   | 0.05%             | 2031-03-29      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                                             | EDISON INTERNATIONAL SR UNSEC 6.95% 11-15-29                                                 | CUSIP: 281020AW7<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |       579000 | PA      | $619488.89     | 0.00%             | 2029-11-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                                             | EDISON INTERNATIONAL SR UNSEC 5.25% 11-15-28                                                 | CUSIP: 281020AY3<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |       628000 | PA      | $638770.20     | 0.00%             | 2028-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS LTD                                                       | FIRST QUANTUM MINERALS LTD 144A LIFE SR SEC 2ND LIEN 9.375% 03-01-29                         | CUSIP: 335934AV7<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |     17025000 | PA      | $17881936.35   | 0.06%             | 2029-03-01      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                                    | FORD MOTOR CREDIT CO LLC SR UNSEC 6.5% 02-07-35                                              | CUSIP: 345397G56<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     11640000 | PA      | $12146887.08   | 0.04%             | 2035-02-07      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FRANCE (REPUBLIC OF)                                                             | FRENCH REPUBLIC GOVERNMENT BOND OAT EUR 144A LIFE/REG S 3.75% 05-25-56                       | CUSIP: N/A<br>LEI: 969500KCGF3SUYJHPV70       | Long             | DBT              | NUSS              | FR        |     14310000 | PA      | $15144638.28   | 0.05%             | 2056-05-25      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                                    | FORD MOTOR CREDIT CO LLC EUR SR UNSEC 3.62% 07-27-28                                         | CUSIP: 345397H22<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     13115000 | PA      | $15771979.91   | 0.05%             | 2028-07-27      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                                    | FORD MOTOR CREDIT CO LLC SR UNSEC 5.73% 09-05-30                                             | CUSIP: 345397H48<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |      4720000 | PA      | $4834106.00    | 0.02%             | 2030-09-05      | Fixed         | 5.73%                 | No            |                  2 | On Loan: No      |
| ORANGE                                                                           | ORANGE SA GBP SR UNSEC (B) 5.625% 01-23-34                                                   | CUSIP: N/A<br>LEI: 969500MCOONR8990S771       | Long             | DBT              | CORP              | FR        |      5870000 | PA      | $8399921.21    | 0.03%             | 2034-01-23      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| TIERRA MOJADA LUXEMBOURG II SARL                                                 | TIERRA MOJADA LUXEMBOURG II SARL REG S SR SEC 1ST LIEN SF 5.75% 12-01-40                     | CUSIP: N/A<br>LEI: 254900H2U8PBIY32VI94       | Long             | DBT              | CORP              | LU        |      2150725 | PA      | $2105559.50    | 0.01%             | 2040-12-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | GOLDMAN SACHS GROUP INC SR UNSEC 5.727% 04-25-30/29                                          | CUSIP: 38141GA87<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |      2520000 | PA      | $2631656.16    | 0.01%             | 2030-04-25      | Variable      | 5.73%                 | No            |                  2 | On Loan: No      |
| GREENSAIF PIPELINES BIDCO SARL                                                   | GREENSAIF PIPELINES BIDCO SARL 144A LIFE SR SEC 1ST LIEN SF 5.8528% 02-23-36                 | CUSIP: 39541EAD5<br>LEI: 549300YWDGUXPB8GRP47 | Long             | DBT              | CORP              | LU        |     14695000 | PA      | $15263828.76   | 0.05%             | 2036-02-23      | Fixed         | 5.85%                 | Yes           |                  2 | On Loan: No      |
| GE HEALTHCARE TECHNOLOGIES INC                                                   | GE HEALTHCARE TECHNOLOGIES INC SR UNSEC 4.8% 08-14-29                                        | CUSIP: 36266GAA5<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |      2175000 | PA      | $2219805.00    | 0.01%             | 2029-08-14      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTERNATIONAL INC                                                  | PHILIP MORRIS INTERNATIONAL INC SR UNSEC 4.125% 03-04-43                                     | CUSIP: 718172AW9<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |       819000 | PA      | $696617.65     | 0.00%             | 2043-03-04      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTERNATIONAL INC                                                  | PHILIP MORRIS INTERNATIONAL INC SR UNSEC 4.875% 11-15-43                                     | CUSIP: 718172BD0<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |      1081000 | PA      | $1002164.83    | 0.00%             | 2043-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTERNATIONAL INC                                                  | PHILIP MORRIS INTERNATIONAL INC SR UNSEC 5.75% 11-17-32                                      | CUSIP: 718172CX5<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |      6883000 | PA      | $7352110.87    | 0.02%             | 2032-11-17      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SP TRANSMISSION PLC                                                              | SP TRANSMISSION PLC GBP REG S SR UNSEC (B) 2.0% 11-13-31                                     | CUSIP: N/A<br>LEI: 21380066GRV5QOWJZC71       | Long             | DBT              | CORP              | GB        |      3770000 | PA      | $4498719.29    | 0.01%             | 2031-11-13      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| STRYKER CORP                                                                     | STRYKER CORP EUR SR UNSEC 0.75% 03-01-29                                                     | CUSIP: 863667AW1<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |      2440000 | PA      | $2733628.34    | 0.01%             | 2029-03-01      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| STRYKER CORP                                                                     | STRYKER CORP EUR SR UNSEC 1.0% 12-03-31                                                      | CUSIP: 863667AX9<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |      1130000 | PA      | $1193269.14    | 0.00%             | 2031-12-03      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| SANDS CHINA LTD                                                                  | SANDS CHINA LTD SR UNSEC 4.375% 06-18-30                                                     | CUSIP: 80007RAL9<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | MO        |      4017000 | PA      | $3954306.68    | 0.01%             | 2030-06-18      | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | GOLDMAN SACHS GROUP INC SR UNSEC 5.065% 01-21-37/36                                          | CUSIP: 38145GAS9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     11230000 | PA      | $11186180.54   | 0.04%             | 2037-01-21      | Variable      | 5.07%                 | No            |                  2 | On Loan: No      |
| GRUPO ENERGIA BOGOTA SA ESP                                                      | GRUPO ENERGIA BOGOTA SA ESP 144A LIFE SR UNSEC 4.875% 05-15-30                               | CUSIP: 40053XAA7<br>LEI: 529900LG618OWYVHI655 | Long             | DBT              | CORP              | CO        |      3590000 | PA      | $3548535.50    | 0.01%             | 2030-05-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| INDONESIA ASAHAN ALUMINIUM PT                                                    | INDONESIA ASAHAN ALUMINIUM PT 144A LIFE SR UNSEC 5.45% 05-15-30                              | CUSIP: 74445PAF9<br>LEI: 2549008P48EB9SN2OI80 | Long             | DBT              | CORP              | ID        |      1580000 | PA      | $1631517.48    | 0.01%             | 2030-05-15      | Fixed         | 5.45%                 | Yes           |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMORGAN CHASE & CO SR UNSEC 4.898% 01-22-37/36                                              | CUSIP: 46647PFJ0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |      4525000 | PA      | $4492324.98    | 0.01%             | 2037-01-22      | Variable      | 4.90%                 | No            |                  2 | On Loan: No      |
| KOREA DEVELOPMENT BANK (THE)                                                     | KOREA DEVELOPMENT BANK 6.75% 07-01-30                                                        | CUSIP: N/A<br>LEI: 549300ML2LNRZUCS7149       | Long             | DBT              | USGA              | KR        |    549000000 | PA      | $5857253.32    | 0.02%             | 2030-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | KREDITANSTALT FUER WIEDERAUFBAU EUR REG S SR UNSEC (B) 2.375% 06-29-29                       | CUSIP: N/A<br>LEI: 549300GDPG70E3MBBU98       | Long             | DBT              | CORP              | DE        |       125000 | PA      | $148238.69     | 0.00%             | 2029-06-29      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| MAGYAR EXPORT IMPORT BANK ZRT                                                    | MAGYAR EXPORT-IMPORT BAN EUR REG S SR UNSEC 6.0% 05-16-29                                    | CUSIP: N/A<br>LEI: 529900O4UGETQ9Q3AA63       | Long             | DBT              | USGA              | HU        |      3665000 | PA      | $4664926.36    | 0.01%             | 2029-05-16      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | MORGAN STANLEY SR UNSEC 4.493% 01-16-32/31                                                   | CUSIP: 61748UAS1<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |      2380000 | PA      | $2378952.80    | 0.01%             | 2032-01-16      | Variable      | 4.49%                 | No            |                  2 | On Loan: No      |
| OLEODUCTO CENTRAL SA (OCENSA)                                                    | OLEODUCTO CENTRAL SA REG S SR UNSEC 4.0% 07-14-27                                            | CUSIP: N/A<br>LEI: 254900W4CPYCQFVH5E92       | Long             | DBT              | CORP              | CO        |      1723000 | PA      | $1701953.56    | 0.01%             | 2027-07-14      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                              | PETROLEOS MEXICANOS SR UNSEC 6.84% 01-23-30                                                  | CUSIP: 71654QDC3<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |     96665000 | PA      | $99212896.07   | 0.31%             | 2030-01-23      | Fixed         | 6.84%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                              | PETROLEOS MEXICANOS SR UNSEC 6.95% 01-28-60                                                  | CUSIP: 71654QDF6<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |      5395000 | PA      | $4397653.33    | 0.01%             | 2060-01-28      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| CHINA PEOPLES REPUBLIC OF (GOVERNMENT)                                           | CHINA GOVERNMENT BOND CNY 1.92% 01-15-55                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | CN        |    101180000 | PA      | $13421315.50   | 0.04%             | 2055-01-15      | Fixed         | 1.92%                 | No            |                  2 | On Loan: No      |
| CROATIA (REPUBLIC OF)                                                            | CROATIA GOVERNMENT INTERNATIONAL BOND EUR REG S 3.25% 02-11-37                               | CUSIP: N/A<br>LEI: 74780000O00QGQ7CER13       | Long             | DBT              | NUSS              | HR        |      1750000 | PA      | $2020709.12    | 0.01%             | 2037-02-11      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CHINA PEOPLES REPUBLIC OF (GOVERNMENT)                                           | CHINA GOVERNMENT BOND CNY 1.65% 05-15-35                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | CN        |    296190000 | PA      | $42132468.03   | 0.13%             | 2035-05-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 4.375% 05-15-34                                                  | CUSIP: 91282CKQ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     32445000 | PA      | $32982373.56   | 0.10%             | 2034-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 4.875% 05-31-26                                                  | CUSIP: 91282CKS9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |       815000 | PA      | $818008.49     | 0.00%             | 2026-05-31      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| TURKEY (REPUBLIC OF)                                                             | TURKIYE GOVERNMENT INTERNATIONAL BOND 7.125% 07-17-32                                        | CUSIP: 900123DL1<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     18760000 | PA      | $19567768.08   | 0.06%             | 2032-07-17      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 3.62% 08-31-27                                                   | CUSIP: 91282CNV9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    337000000 | PA      | $337494008.30  | 1.07%             | 2027-08-31      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 3.625% 08-31-30                                                  | CUSIP: 91282CNX5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     20029000 | PA      | $19904601.88   | 0.06%             | 2030-08-31      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 3.5% 09-30-27                                                    | CUSIP: 91282CPB1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      4170000 | PA      | $4168264.45    | 0.01%             | 2027-09-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 3.625% 09-30-30                                                  | CUSIP: 91282CPA3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      1999000 | PA      | $1986115.85    | 0.01%             | 2030-09-30      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| STATE OF VICTORIA AUSTRALIA                                                      | TREASURY CORP OF VICTORIA EUR REG S 3.625% 09-29-40                                          | CUSIP: N/A<br>LEI: 98450066F0AF9A5F9744       | Long             | DBT              | NUSS              | AU        |      9965000 | PA      | $11779624.24   | 0.04%             | 2040-09-29      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 3.625% 10-31-30                                                  | CUSIP: 91282CPD7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      9420000 | PA      | $9355973.20    | 0.03%             | 2030-10-31      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 4.0% 11-15-35                                                    | CUSIP: 91282CPJ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    218320000 | PA      | $213885396.83  | 0.68%             | 2035-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                           | UNITED STATES TREASURY NOTE 3.375% 11-30-27                                                  | CUSIP: 91282CPL9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |        12700 | PA      | $12665.86      | 0.00%             | 2027-11-30      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| BX 2025-VOLT                                                                     | BX 2025-VOLT A 144A FRN 12-15-44                                                             | CUSIP: 05619PAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     27300000 | PA      | $27474228.60   | 0.09%             | 2044-12-15      | Variable      | 5.38%                 | Yes           |                  2 | On Loan: No      |
| BX 2025-VOLT                                                                     | BX 2025-VOLT D 144A FRN 12-15-44                                                             | CUSIP: 05619PAG1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     11973000 | PA      | $12050393.47   | 0.04%             | 2044-12-15      | Variable      | 6.43%                 | Yes           |                  2 | On Loan: No      |
| BX 2025-ARIA                                                                     | BX 2025-ARIA A 144A FRN 12-13-42                                                             | CUSIP: 05619TAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     22445000 | PA      | $22848987.56   | 0.07%             | 2042-12-13      | Variable      | 5.12%                 | Yes           |                  2 | On Loan: No      |
| CITIGROUP COMMERCIAL MORTGAGE TRUST CGCMT_23-SMRT                                | CGCMT 23-SMRT A 144A FRN 10-12-40                                                            | CUSIP: 17291NAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      8811000 | PA      | $9073453.26    | 0.03%             | 2040-10-12      | Variable      | 6.01%                 | Yes           |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES CAS_23-R04                                         | CAS 2023-R04 1M1 144A FRN 05-25-43                                                           | CUSIP: 20754QAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      7098880 | PA      | $7255921.81    | 0.02%             | 2043-05-25      | Variable      | 6.00%                 | Yes           |                  2 | On Loan: No      |
| CITIGROUP COMMERCIAL MORTGAGE TRUST CGCMT_23-PRM3                                | CGCMT 2023-PRM3 A 144A FRN 07-10-28                                                          | CUSIP: 17331LAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      5765000 | PA      | $5990313.50    | 0.02%             | 2028-07-10      | Variable      | 6.36%                 | Yes           |                  2 | On Loan: No      |
| CAPITAL GROUP CENTRAL CASH FUND                                                  | CAPITAL GROUP CENTRAL CASH FUND                                                              | CUSIP: 14020B102<br>LEI: 549300YD0SRETB6WWP29 | Long             | EC               | RF                | US        |       175146 | PA      | $175145.62     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKROCK FEDFUND                                                                | BLACKROCK FEDFUND                                                                            | CUSIP: 09248U700<br>LEI: N/A                  | Long             | EC               | RF                | US        |        66638 | PA      | $66638.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| DREYFUS CASH MANAGEMENT FUNDS - DREYFUS TREASURY AND AGENCY CASH MANAGEMENT      | DREYFUS CASH MANAGEMENT FUNDS - DREYFUS TREASURY AND AGENCY CASH MANAGEMENT                  | CUSIP: 261908107<br>LEI: N/A                  | Long             | EC               | RF                | US        |        66638 | PA      | $66638.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| FIDELITY INSTITUTIONAL MONEY MARKET FUNDS - GOVERNMENT PORTFOLIO                 | FIDELITY INSTITUTIONAL MONEY MARKET FUNDS - GOVERNMENT PORTFOLIO                             | CUSIP: 316175108<br>LEI: N/A                  | Long             | EC               | RF                | US        |        66638 | PA      | $66638.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS FINANCIAL SQUARE GOVERNMENT FUND                                   | GOLDMAN SACHS FINANCIAL SQUARE GOVERNMENT FUND                                               | CUSIP: 38141W273<br>LEI: N/A                  | Long             | EC               | RF                | US        |        46646 | PA      | $46646.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY INVST MGT INC - MORGAN STANLEY INSTL LIQUIDITY FUND - GOVT PRTFLO | MORGAN STANLEY INVST MGT INC - MORGAN STANLEY INSTL LIQUIDITY FUND - GOVT PRTFLO             | CUSIP: 61747C707<br>LEI: N/A                  | Long             | EC               | RF                | US        |        53310 | PA      | $53310.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| US GOVERNMENT MONEY MARKET FUND                                                  | US GOVERNMENT MONEY MARKET FUND                                                              | CUSIP: 74926P696<br>LEI: N/A                  | Long             | EC               | RF                | US        |        53310 | PA      | $53310.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| INVESCO GOVERNMENT AND AGENCY PORTFOLIO                                          | INVESCO GVT AND AGNCY-INST                                                                   | CUSIP: 825252885<br>LEI: N/A                  | Long             | EC               | RF                | US        |        84739 | PA      | $84739.38      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| STATE STREET INSTITUTIONAL US GOVERNMENT MONEY MARKET FUND                       | STATE STREET INSTITUTIONAL US GOVERNMENT MONEY MARKET FUND                                   | CUSIP: 857492706<br>LEI: N/A                  | Long             | EC               | RF                | US        |        53310 | PA      | $53310.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-30

**Name of Applicant:** American Funds Global Balanced Fund

**Signature:** Scott Lewis

**Name of Signer:** Scott Lewis

**Title:** Compliance Specialist Senior