# EDGAR Filing Document

**Accession Number:** 0001862970
**File Stem:** 0001752724-23-046567
**Filing Date:** 2023-2
**Character Count:** 64599
**Document Hash:** 2a44f957377c90aa694a1804b4ae8dd6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-046567.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001752724-23-046567

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**PERIOD START**: 20230630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Popular High Grade Fixed-Income Fund, Inc.
- **CENTRAL INDEX KEY:** 0001862970
- **IRS NUMBER:** 660614568
- **STATE OF INCORPORATION:** PR
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23697
- **FILM NUMBER:** 23682617

**BUSINESS ADDRESS:**
- **STREET 1:** PFS 209 MUNOZ RIVERA AVE.
- **STREET 2:** 2ND LEVEL
- **CITY:** SAN JUAN
- **STATE:** PR
- **ZIP:** 00918
- **BUSINESS PHONE:** 7877544488

**MAIL ADDRESS:**
- **STREET 1:** PFS 209 MUNOZ RIVERA AVE.
- **STREET 2:** 2ND LEVEL
- **CITY:** SAN JUAN
- **STATE:** PR
- **ZIP:** 00918

## Series and Classes Contracts Data

### Popular High Grade Fixed-Income Fund (Series ID: S000074338)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000232072 | Class A Shares |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Popular High Grade Fixed Income Fund Inc.

- **b. Investment Company Act file number:** 811-23697

- **c. CIK number of Registrant:** 0001862970

- **d. LEI of Registrant:** 549300HW4IIBLO15U782

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

  - **Street Address 1:** PFS 209 MUNOZ RIVERA AVE. 2ND LEVEL

  - **City:** SAN JUAN

  - **State:** PR

  - **Foreign country:** US

  - **Zip / Postal Code:** 00918

  - **Telephone number:** 7877544488

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

- **a. Name of Series:** Popular High Grade Fixed Income Fund Inc.

- **b. EDGAR series identifier (if any):** S000074338

- **c. LEI of Series:** 549300HW4IIBLO15U782

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

- **a. Date of fiscal year-end:** 2023-06-30

- **b. Date as of which information is reported:** 2022-12-31

**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:** $82443301.38

**Total Liabilities:** $23133007.77

**Net Assets:** $59310293.61

**Cash Not Reported:** $43089.41

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 180.25746100 | **1-Year:** 4008.88799300 | **5-Year:** 13486.58654300 | **10-Year:** 13668.38468000 | **30-Year:** 4081.96932300

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

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

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000232072 | -3.03%               | 5.35%                | -1.35%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-623604.84              | $-1289315.21                               |
| Month 2  | $-167312.26              | $2992566.09                                |
| Month 3  | $56396.25                | $-939822.83                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Puerto Rico Sales Tax Fing Corp Sales Tax Revenue         | Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                 | CUSIP: 74529JQH1<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | PR        |   3890000 | PA      | $700258.74    | 1.18%             | 2051-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Gwinnett Cnty Ga Dev Auth                                 | Development Authority of Gwinnett County                                | CUSIP: 403720HD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1647038.40   | 2.78%             | 2046-09-01      | Fixed         | 4.17%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36208N6K4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    138660 | PA      | $142319.98    | 0.24%             | 2029-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                               | Freddie Mac Gold Pool                                                   | CUSIP: 3128KKT74<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     34791 | PA      | $35350.19     | 0.06%             | 2037-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36291SEB2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     84254 | PA      | $86396.17     | 0.15%             | 2030-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Fing Corp Sales Tax Revenue         | Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                 | CUSIP: 74529JQB4<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | PR        |    126000 | PA      | $117535.17    | 0.20%             | 2024-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36200DF57<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     36155 | PA      | $36654.80     | 0.06%             | 2033-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36201YXK7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     82090 | PA      | $84181.17     | 0.14%             | 2033-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Texas St A & M Univ Revenues                              | Texas A&M University                                                    | CUSIP: 88213AHT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $903201.50    | 1.52%             | 2031-05-15      | Fixed         | 3.48%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36292BES1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     58144 | PA      | $58948.16     | 0.10%             | 2035-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Nthrn Ca Pwr Agy Revenue                                  | Northern California Power Agency                                        | CUSIP: 664845DG6<br>LEI: 549300QYTU4PHD2XHS96 | Long             | DBT              | MUN               | US        |    440000 | PA      | $455241.60    | 0.77%             | 2035-06-01      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Fing Corp Sales Tax Revenue         | Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                 | CUSIP: 74529JRK3<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | PR        |     57000 | PA      | $48596.10     | 0.08%             | 2053-07-01      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| New York St Dorm Auth St Personal Income Tax Revenue      | New York State Dormitory Authority                                      | CUSIP: 6499022E2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     65000 | PA      | $65639.00     | 0.11%             | 2033-03-15      | Fixed         | 5.29%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36291ABJ7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     95585 | PA      | $98019.88     | 0.17%             | 2033-09-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Fing Corp Sales Tax Revenue         | Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                 | CUSIP: 74529JPU3<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | PR        |    367000 | PA      | $346215.10    | 0.58%             | 2034-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36201UPE8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    138895 | PA      | $137373.81    | 0.23%             | 2032-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36292BE85<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    170059 | PA      | $174618.88    | 0.29%             | 2036-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31407FQN3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    289907 | PA      | $293259.61    | 0.49%             | 2036-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36201TTW7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     61662 | PA      | $63380.69     | 0.11%             | 2036-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31408FLX5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    906696 | PA      | $949333.49    | 1.60%             | 2036-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36200DFT5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     43454 | PA      | $44054.25     | 0.07%             | 2033-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36200DF24<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     97192 | PA      | $98534.44     | 0.17%             | 2033-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Fing Corp Sales Tax Revenue         | Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                 | CUSIP: 74529JPX7<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | PR        |   3450000 | PA      | $3132358.50   | 5.28%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York St Envrnmntl Facs Corp St Clean Wtr & Drinking   | New York State Environmental Facilities Corp.                           | CUSIP: 64986AL25<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1882390.32   | 3.17%             | 2039-06-15      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| Baltimore Cnty Md                                         | County of Baltimore MD                                                  | CUSIP: 05914FE63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $969358.92    | 1.63%             | 2036-07-01      | Fixed         | 3.09%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31408FMS5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    104449 | PA      | $106087.94    | 0.18%             | 2036-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                               | Freddie Mac Gold Pool                                                   | CUSIP: 31297Q4E6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     23573 | PA      | $23661.96     | 0.04%             | 2035-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36291LBG9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     80189 | PA      | $81298.38     | 0.14%             | 2035-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                            | Microsoft Corp.                                                         | CUSIP: 594918BD5<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    750000 | PA      | $657860.41    | 1.11%             | 2045-02-12      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36295R3S5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    128069 | PA      | $131439.06    | 0.22%             | 2038-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31407DRE7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    340886 | PA      | $349296.60    | 0.59%             | 2035-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Univ Of Texas Tx Univ Revenues                            | Board of Regents of the University of Texas System                      | CUSIP: 91514ADE2<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |    600000 | PA      | $502998.60    | 0.85%             | 2046-08-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Federal Farm Credit Bank                                  | Federal Farm Credit Banks Funding Corp.                                 | CUSIP: 3133EGWL5<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |   1000000 | PA      | $781118.24    | 1.32%             | 2036-07-07      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36290UZV1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     44914 | PA      | $45531.20     | 0.08%             | 2035-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Illinois St Sales Tax Revenue                             | State of Illinois Sales Tax Revenue                                     | CUSIP: 452227JN2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    360000 | PA      | $329844.74    | 0.56%             | 2038-06-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                               | Freddie Mac Gold Pool                                                   | CUSIP: 3128K5ZE5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    535565 | PA      | $556112.83    | 0.94%             | 2035-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Fing Corp Sales Tax Revenue         | Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                 | CUSIP: 74529JQC2<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | PR        |    355000 | PA      | $287201.25    | 0.48%             | 2027-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Fing Corp Sales Tax Revenue         | Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                 | CUSIP: 74529JRL1<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | PR        |    758000 | PA      | $657633.37    | 1.11%             | 2058-07-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36200DF40<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    126413 | PA      | $129762.30    | 0.22%             | 2033-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31408FLB3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    540296 | PA      | $555534.67    | 0.94%             | 2036-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                               | Freddie Mac Gold Pool                                                   | CUSIP: 3128E4E32<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     95639 | PA      | $95987.59     | 0.16%             | 2024-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | JPM REVERSE REPO 4.60 01/19/2023                                        | CUSIP: N/A<br>LEI: N/A                        | Short            | RA               | CORP              | US        |  -7682000 | NS      | $-7682000.00  | -12.95%           |  |  |  | No            |                  2 | On Loan: No      |
| Banktrust Mortgage Trust                                  | Banktrust Mortgage Trust 3                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-MBS          | CORP              | PR        |      2621 | PA      | $2621.08      | 0.00%             | 2023-08-01      | Fixed         | 5.95%                 | No            |                  3 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36201TS24<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    215958 | PA      | $219531.11    | 0.37%             | 2035-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36291ABZ1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     44479 | PA      | $45093.31     | 0.08%             | 2034-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31408FLK3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    621480 | PA      | $647035.23    | 1.09%             | 2036-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31403UX63<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    283180 | PA      | $286043.96    | 0.48%             | 2035-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Texas St A & M Univ Revenues                              | Texas A&M University                                                    | CUSIP: 88213AHP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $940560.50    | 1.59%             | 2027-05-15      | Fixed         | 3.23%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31407DRD9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    436318 | PA      | $446157.59    | 0.75%             | 2035-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36291LBN4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    197308 | PA      | $200352.30    | 0.34%             | 2035-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36290UZW9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    153774 | PA      | $157849.65    | 0.27%             | 2035-07-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31408FJ34<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    648410 | PA      | $671613.69    | 1.13%             | 2036-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31409XB73<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     93916 | PA      | $95330.27     | 0.16%             | 2036-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31408FLP2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1060458 | PA      | $1120938.54   | 1.89%             | 2036-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                            | Microsoft Corp.                                                         | CUSIP: 594918BC7<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1354908.27   | 2.28%             | 2035-02-12      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| New York City Ny Transitional Fin Auth Revenue Future Tax | New York City Transitional Finance Authority Future Tax Secured Revenue | CUSIP: 64971QRB1<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |    475000 | PA      | $448308.90    | 0.76%             | 2030-11-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31413RKF2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    237717 | PA      | $241750.32    | 0.41%             | 2038-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36200TSK5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     51106 | PA      | $52530.76     | 0.09%             | 2034-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31408FLY3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1921236 | PA      | $2032708.94   | 3.43%             | 2036-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31417J3S7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    740347 | PA      | $749717.45    | 1.26%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36241KJ82<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3327595 | PA      | $3526925.13   | 5.95%             | 2036-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36201TT72<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     71365 | PA      | $73353.68     | 0.12%             | 2036-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36294YBR4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     64307 | PA      | $63985.47     | 0.11%             | 2037-03-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31408FK99<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    396164 | PA      | $406174.30    | 0.68%             | 2036-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                               | Freddie Mac Gold Pool                                                   | CUSIP: 3128KVJD8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       467 | PA      | $475.27       | 0.00%             | 2037-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31409XCS6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    190264 | PA      | $193238.45    | 0.33%             | 2036-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Fing Corp Sales Tax Revenue         | Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                 | CUSIP: 74529JQE8<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | PR        |    445000 | PA      | $289882.75    | 0.49%             | 2031-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36202TEP7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     50196 | PA      | $51474.62     | 0.09%             | 2034-07-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Baltimore Cnty Md                                         | County of Baltimore MD                                                  | CUSIP: 05914FE55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1022397.25   | 1.72%             | 2035-07-01      | Fixed         | 3.04%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31408FKX6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    171883 | PA      | $174694.74    | 0.29%             | 2036-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36291SDB3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     27032 | PA      | $27393.34     | 0.05%             | 2025-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Baltimore Cnty Md                                         | County of Baltimore MD                                                  | CUSIP: 05914FE48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1037040.50   | 1.75%             | 2034-07-01      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36201TUD7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     40721 | PA      | $43036.33     | 0.07%             | 2036-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36295R3V8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    180411 | PA      | $185586.67    | 0.31%             | 2038-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31407DR98<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1685624 | PA      | $1759745.75   | 2.97%             | 2036-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Fing Corp Sales Tax Revenue         | Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                 | CUSIP: 74529JPV1<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | PR        |    186000 | PA      | $170639.73    | 0.29%             | 2040-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36200TPE2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    167555 | PA      | $165621.25    | 0.28%             | 2033-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31407DRT4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    457147 | PA      | $467346.40    | 0.79%             | 2035-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Fing Corp Sales Tax Revenue         | Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                 | CUSIP: 74529JPW9<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | PR        |   1364000 | PA      | $1205703.98   | 2.03%             | 2053-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Texas St A & M Univ Revenues                              | Texas A&M University                                                    | CUSIP: 88213AHQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1861799.00   | 3.14%             | 2028-05-15      | Fixed         | 3.33%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31407DRQ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    384839 | PA      | $390213.73    | 0.66%             | 2035-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Hsg Bank & Fin Agy Sf Mtge Revenue            | Puerto Rico Housing Finance Authority                                   | CUSIP: 745901GR3<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   3770000 | PA      | $3999841.82   | 6.74%             | 2028-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31407NJZ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     99626 | PA      | $100105.37    | 0.17%             | 2035-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31407DR64<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    326973 | PA      | $334368.74    | 0.56%             | 2036-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Univ Of North Carolina Nc At Chapel Hill  Revenue         | University of North Carolina at Chapel Hill                             | CUSIP: 914713P22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1760000 | PA      | $1487470.69   | 2.51%             | 2036-12-01      | Fixed         | 3.33%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31409XCB3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    532842 | PA      | $548700.76    | 0.93%             | 2036-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36296HNB1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    278636 | PA      | $282241.87    | 0.48%             | 2040-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 3620A5XK0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    324333 | PA      | $326840.11    | 0.55%             | 2039-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36295R3R7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    187805 | PA      | $192531.37    | 0.32%             | 2038-12-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31411DN62<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    335828 | PA      | $343216.61    | 0.58%             | 2037-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31411JA89<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    948002 | PA      | $988940.24    | 1.67%             | 2037-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36292BFA9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    113752 | PA      | $116736.43    | 0.20%             | 2036-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Fing Corp Sales Tax Revenue         | Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                 | CUSIP: 74529JQG3<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | PR        |   4775000 | PA      | $1176520.37   | 1.98%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36200TSR0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     66183 | PA      | $68027.93     | 0.11%             | 2034-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Federal Farm Credit Bank                                  | Federal Farm Credit Banks Funding Corp.                                 | CUSIP: 3133EGN68<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |   6000000 | PA      | $5512392.42   | 9.29%             | 2028-11-28      | Fixed         | 2.83%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Fing Corp Sales Tax Revenue         | Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                 | CUSIP: 74529JRH0<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | PR        |   1888000 | PA      | $1700782.33   | 2.87%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36201TTQ0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    144888 | PA      | $148926.11    | 0.25%             | 2035-12-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Fing Corp Sales Tax Revenue         | Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                 | CUSIP: 74529JQF5<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | PR        |    501000 | PA      | $291433.35    | 0.49%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36200DGG2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    117312 | PA      | $120420.96    | 0.20%             | 2033-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31408FMF3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    929973 | PA      | $973719.47    | 1.64%             | 2036-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36202TUW4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    372580 | PA      | $367809.74    | 0.62%             | 2038-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31408FLU1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    115436 | PA      | $117285.79    | 0.20%             | 2036-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36290U3A2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     50889 | PA      | $52307.64     | 0.09%             | 2035-12-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36291LBT1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     43094 | PA      | $44192.92     | 0.07%             | 2035-03-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31408FK81<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    292090 | PA      | $294423.98    | 0.50%             | 2036-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36200TSZ2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     21290 | PA      | $21883.25     | 0.04%             | 2034-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                               | Freddie Mac Gold Pool                                                   | CUSIP: 3128KL3W5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     52595 | PA      | $53439.72     | 0.09%             | 2037-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Illinois St Sales Tax Revenue                             | State of Illinois Sales Tax Revenue                                     | CUSIP: 452227LF6<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    300000 | PA      | $266125.50    | 0.45%             | 2027-06-15      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31407DRR8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     90625 | PA      | $91989.90     | 0.16%             | 2035-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36201TS57<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     49638 | PA      | $51021.57     | 0.09%             | 2035-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                            | Microsoft Corp.                                                         | CUSIP: 594918BS2<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |   1727000 | PA      | $1527847.33   | 2.58%             | 2036-08-08      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                               | Freddie Mac Gold Pool                                                   | CUSIP: 3128K1TQ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    123702 | PA      | $125716.84    | 0.21%             | 2036-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31407DRG2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1205850 | PA      | $1250645.59   | 2.11%             | 2035-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                               | Freddie Mac Gold Pool                                                   | CUSIP: 3128E4ZW5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    242698 | PA      | $243581.96    | 0.41%             | 2026-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | JPM REVERSE REPO 4.65 01/03/2023                                        | CUSIP: N/A<br>LEI: N/A                        | Short            | RA               | CORP              | US        |  -8314000 | NS      | $-8314000.00  | -14.02%           |  |  |  | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36200TRY6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     40017 | PA      | $42237.14     | 0.07%             | 2034-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36295R3U0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    381352 | PA      | $390046.70    | 0.66%             | 2038-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36200TSA7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     84959 | PA      | $87326.45     | 0.15%             | 2034-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36200DFY4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     61258 | PA      | $62816.65     | 0.11%             | 2033-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31408FLJ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    101693 | PA      | $103247.54    | 0.17%             | 2036-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31411DMR7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    214713 | PA      | $218322.47    | 0.37%             | 2037-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31408FLC1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    713981 | PA      | $746727.66    | 1.26%             | 2036-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                               | Freddie Mac Gold Pool                                                   | CUSIP: 3128MJ4R8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    203630 | PA      | $194380.69    | 0.33%             | 2048-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Elec Pwr Auth Pwr Revenue                     | Puerto Rico Electric Power Authority                                    | CUSIP: 74526QZC9<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | PR        |   5000000 | PA      | $4969366.50   | 8.38%             | 2023-07-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31408FJ67<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1114312 | PA      | $1166704.97   | 1.97%             | 2036-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36292FMK0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     76350 | PA      | $78294.83     | 0.13%             | 2036-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31409XBU2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    224738 | PA      | $230205.98    | 0.39%             | 2036-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Fing Corp Sales Tax Revenue         | Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                 | CUSIP: 74529JQD0<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | PR        |    346000 | PA      | $252145.46    | 0.43%             | 2029-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Virginia St Resources Auth Infrastructure Revenue         | Virginia Resources Authority                                            | CUSIP: 92818MQ94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    945000 | PA      | $865502.44    | 1.46%             | 2038-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31403C7D7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    195336 | PA      | $201600.35    | 0.34%             | 2035-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36291UR23<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    223120 | PA      | $229571.20    | 0.39%             | 2036-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31408FMC0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    263780 | PA      | $269674.72    | 0.45%             | 2036-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | JPM REVERSE REPO 4.54 01/12/2023                                        | CUSIP: N/A<br>LEI: N/A                        | Short            | RA               | CORP              | US        |  -6690000 | NS      | $-6690000.00  | -11.28%           |  |  |  | No            |                  2 | On Loan: No      |
| Microsoft Corp                                            | Microsoft Corp.                                                         | CUSIP: 594918BT0<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    300000 | PA      | $254952.67    | 0.43%             | 2046-08-08      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36291ABD0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    166036 | PA      | $170550.47    | 0.29%             | 2033-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae I Pool                                                       | CUSIP: 36292BE77<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    188773 | PA      | $191564.00    | 0.32%             | 2036-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31408FLN7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1143021 | PA      | $1189561.52   | 2.01%             | 2036-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31411DMW6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1581011 | PA      | $1642873.53   | 2.77%             | 2037-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Kansas St Dept Of Transprtn Highway Revenue               | State of Kansas Department of Transportation                            | CUSIP: 485424NF8<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |    880000 | PA      | $856236.66    | 1.44%             | 2035-09-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                         | CUSIP: 31408FK24<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1430393 | PA      | $1497668.08   | 2.53%             | 2036-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Seattle Wa                                                | City of Seattle WA                                                      | CUSIP: 812627CN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1295000 | PA      | $1107003.30   | 1.87%             | 2032-04-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Texas St A & M Univ Perm Univ Fund                        | Permanent University Fund - Texas A&M University System                 | CUSIP: 8821173P7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    795000 | PA      | $677810.64    | 1.14%             | 2036-07-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

**Name of Applicant:** Popular High Grade Fixed Income Fund Inc.

**Signature:** Jim Gallo

**Name of Signer:** Jim Gallo

**Title:** Treasurer