# EDGAR Filing Document

**Accession Number:** 0000889169
**File Stem:** 0000940400-25-014185
**Filing Date:** 2025-12
**Character Count:** 230747
**Document Hash:** 1851521c9552c3e28d2b758530211209
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-014185.hdr.sgml**: 20251223

**ACCESSION NUMBER**: 0000940400-25-014185

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251223

**DATE AS OF CHANGE**: 20251223

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BNY Mellon Investment Funds VII, Inc.
- **CENTRAL INDEX KEY:** 0000889169

**ORGANIZATION NAME:**
- **EIN:** 133868222
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06718
- **FILM NUMBER:** 251597739

**BUSINESS ADDRESS:**
- **STREET 1:** C/O BNY MELLON INVESTMENT ADVISER, INC.
- **STREET 2:** 240 GREENWICH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10286
- **BUSINESS PHONE:** 2129226400

**MAIL ADDRESS:**
- **STREET 1:** C/O BNY MELLON INVESTMENT ADVISER, INC.
- **STREET 2:** 240 GREENWICH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10286

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BNY Mellon Investment Grade Funds, Inc.
- **DATE OF NAME CHANGE:** 20190603

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Dreyfus Investment Grade Funds, Inc.
- **DATE OF NAME CHANGE:** 20110606

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DREYFUS INVESTMENT GRADE FUNDS INC
- **DATE OF NAME CHANGE:** 20030826

## Series and Classes Contracts Data

### BNY Mellon Short Term Income Fund (Series ID: S000000297)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000000727 | Class D      | DSTIX           |
| C000236997 | Class Y      | BYSYX           |
| C000236998 | Class I      | BYSIX           |
| C000236999 | Class A      | BYSAX           |

## Nport-Ex

BNY Mellon Short Term Income Fund

SCHEDULE OF INVESTMENTS

October 31, 2025 (Unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon <br>Rate (%)<br>| Maturity <br>Date<br>| Principal <br>Amount ($)<sup>(a)</sup> <br>| Value ($) |
| **Bonds and Notes — 99.5%** | **Bonds and Notes — 99.5%** | **Bonds and Notes — 99.5%** | **Bonds and Notes — 99.5%** | **Bonds and Notes — 99.5%** |
| **Advertising — .5%** | **Advertising — .5%** | **Advertising — .5%** | **Advertising — .5%** | **Advertising — .5%** |
| Outfront Media Capital LLC/Outfront Media Capital Corp., Gtd. Notes<sup>(b)</sup> <br>| 5.00 | 8/15/2027 | 400000 | **398676** |
| **Aerospace & Defense — 2.8%** | **Aerospace & Defense — 2.8%** | **Aerospace & Defense — 2.8%** | **Aerospace & Defense — 2.8%** | **Aerospace & Defense — 2.8%** |
| Bombardier, Inc., Sr. Unscd. Notes<sup>(b)</sup> <br>| 6.00 | 2/15/2028 | 225000 | 225693 |
| Rolls-Royce PLC, Gtd. Notes<sup>(b)</sup> <br>| 5.75 | 10/15/2027 | 470000 | 482423 |
| The Boeing Company, Sr. Unscd. Notes | 2.20 | 2/4/2026 | 786000 | 781833 |
| The Boeing Company, Sr. Unscd. Notes | 6.30 | 5/1/2029 | 576000 | 611235 |
| TransDigm, Inc., Sr. Scd. Notes<sup>(b)</sup> <br>| 6.75 | 8/15/2028 | 352000 | 359384 |
|  |  |  |  | **2460568** |
| **Agriculture — .5%** | **Agriculture — .5%** | **Agriculture — .5%** | **Agriculture — .5%** | **Agriculture — .5%** |
| Philip Morris International, Inc., Sr. Unscd. Notes | 4.00 | 10/29/2030 | 446000 | **439529** |
| **Airlines — 1.4%** | **Airlines — 1.4%** | **Airlines — 1.4%** | **Airlines — 1.4%** | **Airlines — 1.4%** |
| Air Canada, Sr. Scd. Notes<sup>(b)</sup> <br>| 3.88 | 8/15/2026 | 528000 | 524277 |
| Avianca Midco 2 PLC, Sr. Scd. Notes<sup>(b)</sup> <br>| 9.63 | 2/14/2030 | 400000 | 397242 |
| Delta Air Lines, Inc., Sr. Unscd. Notes | 4.95 | 7/10/2028 | 352000 | 356911 |
|  |  |  |  | **1278430** |
| **Asset-Backed Certificates — 10.0%** | **Asset-Backed Certificates — 10.0%** | **Asset-Backed Certificates — 10.0%** | **Asset-Backed Certificates — 10.0%** | **Asset-Backed Certificates — 10.0%** |
| Affirm Asset Securitization Trust, Ser. 2024-A, Cl. A<sup>(b)</sup> <br>| 5.61 | 2/15/2029 | 330000 | 331114 |
| Affirm Master Trust, Ser. 2025-1A, Cl. C<sup>(b)</sup> <br>| 5.28 | 2/15/2033 | 200000 | 200281 |
| Aligned Data Centers Issuer LLC, Ser. 2021-1A, Cl. A2<sup>(b)</sup> <br>| 1.94 | 8/15/2046 | 200000 | 195345 |
| AMSR Trust, Ser. 2023-SFR2, Cl. A<sup>(b)</sup> <br>| 3.95 | 6/17/2040 | 555000 | 548725 |
| Amur Equipment Finance Receivables XI LLC, Ser. 2022-2A, Cl. A2<sup>(b)</sup> <br>| 5.30 | 6/21/2028 | 12896 | 12926 |
| Aqua Finance Issuer Trust, Ser. 2025-B, Cl. A<sup>(b)</sup> <br>| 4.79 | 5/17/2051 | 90943 | 91514 |
| Auxilior Term Funding LLC, Ser. 2023-1A, Cl. A2<sup>(b)</sup> <br>| 6.18 | 12/15/2028 | 26790 | 26966 |
| Blue Owl Asset Leasing Trust LLC, Ser. 2024-1A, Cl. A2<sup>(b)</sup> <br>| 5.05 | 3/15/2029 | 51922 | 52119 |
| CF Hippolyta Issuer LLC, Ser. 2021-1A, Cl. A1<sup>(b)</sup> <br>| 1.53 | 3/15/2061 | 257361 | 215226 |
| CLI Funding VI LLC, Ser. 2020-1A, Cl. A<sup>(b)</sup> <br>| 2.08 | 9/18/2045 | 89984 | 84632 |
| CLI Funding VI LLC, Ser. 2020-3A, Cl. A<sup>(b)</sup> <br>| 2.07 | 10/18/2045 | 147983 | 139507 |
| ClickLease Equipment Receivables Trust, Ser. 2024-1, Cl. B<sup>(b)</sup> <br>| 7.34 | 2/15/2030 | 34855 | 34882 |
| Compass Datacenters Issuer II LLC, Ser. 2025-1A, Cl. A1<sup>(b)</sup> <br>| 5.32 | 5/25/2050 | 100000 | 101641 |
| Concord Music Royalties LLC, Ser. 2025-1A, Cl. A2<sup>(b)</sup> <br>| 5.51 | 7/20/2075 | 110000 | 110899 |
| CyrusOne Data Centers Issuer I LLC, Ser. 2023-1A, Cl. B<sup>(b)</sup> <br>| 5.45 | 4/20/2048 | 87222 | 86122 |
| CyrusOne Data Centers Issuer I LLC, Ser. 2025-1A, Cl. A2<sup>(b)</sup> <br>| 5.91 | 2/20/2050 | 65000 | 66372 |
| DailyPay Securitization Trust, Ser. 2025-1A, Cl. A<sup>(b)</sup> <br>| 5.63 | 6/26/2028 | 100000 | 100586 |
| DataBank Issuer, Ser. 2021-1A, Cl. A2<sup>(b)</sup> <br>| 2.06 | 2/27/2051 | 300000 | 297250 |
| DataBank Issuer, Ser. 2021-2A, Cl. A2<sup>(b)</sup> <br>| 2.40 | 10/25/2051 | 350000 | 339917 |
| DataBank Issuer, Ser. 2023-1A, Cl. A2<sup>(b)</sup> <br>| 5.12 | 2/25/2053 | 270000 | 269774 |
| DataBank Issuer II LLC, Ser. 2025-1A, Cl. A2<sup>(b)</sup> <br>| 5.18 | 9/27/2055 | 271000 | 271593 |
| DB Master Finance LLC, Ser. 2021-1A, Cl. A2I<sup>(b)</sup> <br>| 2.05 | 11/20/2051 | 96250 | 93796 |
| Dell Equipment Finance Trust, Ser. 2023-1, Cl. A3<sup>(b)</sup> <br>| 5.65 | 9/22/2028 | 48675 | 48710 |
| Domino's Pizza Master Issuer LLC, Ser. 2021-1A, Cl. A2I<sup>(b)</sup> <br>| 2.66 | 4/25/2051 | 277162 | 263579 |
| Flexential Issuer, Ser. 2021-1A, Cl. A2<sup>(b)</sup> <br>| 3.25 | 11/27/2051 | 305000 | 303514 |
| Foundation Finance Trust, Ser. 2021-2A, Cl. A<sup>(b)</sup> <br>| 2.19 | 1/15/2042 | 68273 | 65102 |
| GreenSky Home Improvement Issuer Trust, Ser. 2024-2, Cl. A4<sup>(b)</sup> <br>| 5.15 | 10/27/2059 | 50096 | 50894 |
| GreenSky Home Improvement Trust, Ser. 2024-1, Cl. A4<sup>(b)</sup> <br>| 5.67 | 6/25/2059 | 128031 | 131149 |
| Hilton Grand Vacations Trust, Ser. 2022-2A, Cl. A<sup>(b)</sup> <br>| 4.30 | 1/25/2037 | 33801 | 33656 |
| MetroNet Infrastructure Issuer LLC, Ser. 2025-2A, Cl. A2<sup>(b)</sup> <br>| 5.40 | 8/20/2055 | 61472 | 62291 |
| MVW LLC, Ser. 2020-1A, Cl. A<sup>(b)</sup> <br>| 1.74 | 10/20/2037 | 31912 | 31254 |

---

**3**

------

*SCHEDULE OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<sup>(a)</sup><br>| Value ($) |
| **Bonds and Notes — 99.5% (continued)** | **Bonds and Notes — 99.5% (continued)** | **Bonds and Notes — 99.5% (continued)** | **Bonds and Notes — 99.5% (continued)** | **Bonds and Notes — 99.5% (continued)** |
| **Asset-Backed Certificates — 10.0% (continued)** | **Asset-Backed Certificates — 10.0% (continued)** | **Asset-Backed Certificates — 10.0% (continued)** | **Asset-Backed Certificates — 10.0% (continued)** | **Asset-Backed Certificates — 10.0% (continued)** |
| New Economy Assets Phase 1 Sponsor LLC, Ser. 2021-1, Cl. A1<sup>(b)</sup> <br>| 1.91 | 10/20/2061 | 135000 | 114328 |
| OneMain Financial Issuance Trust, Ser. 2020-2A, Cl. A<sup>(b)</sup> <br>| 1.75 | 9/14/2035 | 312281 | 306764 |
| Regional Management Issuance Trust, Ser. 2024-1, Cl. A<sup>(b)</sup> <br>| 5.83 | 7/15/2036 | 100000 | 101960 |
| Regional Management Issuance Trust, Ser. 2024-2, Cl. A<sup>(b)</sup> <br>| 5.11 | 12/15/2033 | 100000 | 100728 |
| SCF Equipment Trust LLC, Ser. 2025-1A, Cl. A3<sup>(b)</sup> <br>| 5.11 | 11/21/2033 | 100000 | 102362 |
| Stack Infrastructure Issuer LLC, Ser. 2025-1A, Cl. A2<sup>(b)</sup> <br>| 5.00 | 5/25/2050 | 175000 | 174728 |
| Taco Bell Funding LLC, Ser. 2025-1A, Cl. A2I<sup>(b)</sup> <br>| 4.82 | 8/25/2055 | 128337 | 128007 |
| Textainer Marine Containers VII Ltd., Ser. 2020-2A, Cl. A<sup>(b)</sup> <br>| 2.10 | 9/20/2045 | 291548 | 274998 |
| Textainer Marine Containers VII Ltd., Ser. 2021-1A, Cl. A<sup>(b)</sup> <br>| 1.68 | 2/20/2046 | 219333 | 205018 |
| Tricon American Homes Trust, Ser. 2019-SFR1, Cl. A<sup>(b)</sup> <br>| 2.75 | 3/17/2038 | 319253 | 317074 |
| Trinity Rail Leasing LLC, Ser. 2020-2A, Cl. A1<sup>(b)</sup> <br>| 1.83 | 11/19/2050 | 79889 | 77547 |
| Triumph Rail Holdings LLC, Ser. 2021-2, Cl. A<sup>(b)</sup> <br>| 2.15 | 6/19/2051 | 254949 | 244315 |
| TRP LLC, Ser. 2021-1, Cl. A<sup>(b)</sup> <br>| 2.07 | 6/19/2051 | 256448 | 246336 |
| Vantage Data Centers Issuer LLC, Ser. 2021-1A, Cl. A2<sup>(b)</sup> <br>| 2.17 | 10/15/2046 | 250000 | 243794 |
| Vantage Data Centers LLC, Ser. 2020-2A, Cl. A2<sup>(b)</sup> <br>| 1.99 | 9/15/2045 | 414000 | 393783 |
| Vantage Data Centers LLC, Ser. 2025-1A, Cl. A2<sup>(b)</sup> <br>| 5.13 | 8/15/2055 | 30000 | 30228 |
| Verizon Master Trust, Ser. 2024-1, Cl. C | 5.49 | 12/20/2028 | 386000 | 386473 |
| Verizon Master Trust, Ser. 2025-1, Cl. C | 5.09 | 1/21/2031 | 146000 | 148099 |
| Volvo Financial Equipment LLC, Ser. 2024-1A, Cl. A3<sup>(b)</sup> <br>| 4.29 | 10/16/2028 | 147000 | 147513 |
| Wingspire Equipment Finance LLC, Ser. 2024-1A, Cl. A2<sup>(b)</sup> <br>| 4.99 | 9/20/2032 | 126384 | 127032 |
| Zayo Issuer LLC, Ser. 2025-2A, Cl. A2<sup>(b)</sup> <br>| 5.95 | 6/20/2055 | 297854 | 306115 |
|  |  |  |  | **8838538** |
| **Asset-Backed Certificates/Auto Receivables — 10.6%** | **Asset-Backed Certificates/Auto Receivables — 10.6%** | **Asset-Backed Certificates/Auto Receivables — 10.6%** | **Asset-Backed Certificates/Auto Receivables — 10.6%** | **Asset-Backed Certificates/Auto Receivables — 10.6%** |
| Ally Auto Receivables Trust, Ser. 2024-1, Cl. A3 | 5.08 | 12/15/2028 | 144370 | 145214 |
| Ally Bank Auto Credit-Linked Notes, Ser. 2025-B, Cl. C<sup>(b)</sup> <br>| 4.70 | 9/15/2033 | 250000 | 251510 |
| American Credit Acceptance Receivables Trust, Ser. 2024-4, Cl. C<sup>(b)</sup> <br>| 4.91 | 8/12/2031 | 316000 | 317030 |
| AmeriCredit Automobile Receivables Trust, Ser. 2022-2, Cl. B | 4.81 | 4/18/2028 | 140835 | 140955 |
| AutoNation Finance Trust, Ser. 2025-1A, Cl. C<sup>(b)</sup> <br>| 5.19 | 12/10/2030 | 96000 | 97725 |
| Avis Budget Rental Car Funding AESOP LLC, Ser. 2023-3A, Cl. A<sup>(b)</sup> <br>| 5.44 | 2/22/2028 | 385000 | 389889 |
| Avis Budget Rental Car Funding AESOP LLC, Ser. 2025-1A, Cl. C<sup>(b)</sup> <br>| 5.87 | 8/20/2029 | 100000 | 101761 |
| Bayview Opportunity Master Fund VII Trust, Ser. 2024-SN1, Cl. C<sup>(b)</sup> <br>| 5.83 | 12/15/2028 | 59000 | 59603 |
| Capital One Prime Auto Receivables Trust, Ser. 2022-2, Cl. A3 | 3.66 | 5/17/2027 | 64355 | 64289 |
| Carvana Auto Receivables Trust, Ser. 2020-P1, Cl. C | 1.32 | 11/9/2026 | 228638 | 227985 |
| Carvana Auto Receivables Trust, Ser. 2021-N1, Cl. C | 1.30 | 1/10/2028 | 84438 | 82988 |
| Carvana Auto Receivables Trust, Ser. 2021-N2, Cl. C | 1.07 | 3/10/2028 | 39545 | 38558 |
| Carvana Auto Receivables Trust, Ser. 2021-P1, Cl. B | 1.19 | 1/11/2027 | 91969 | 91767 |
| Carvana Auto Receivables Trust, Ser. 2021-P4, Cl. B | 1.98 | 2/10/2028 | 125000 | 121931 |
| Carvana Auto Receivables Trust, Ser. 2022-P3, Cl. C | 5.54 | 11/10/2028 | 238000 | 242004 |
| Carvana Auto Receivables Trust, Ser. 2025-P3, Cl. C | 4.99 | 1/12/2032 | 108000 | 107198 |
| Chesapeake Funding II LLC, Ser. 2023-2A, Cl. A1<sup>(b)</sup> <br>| 6.16 | 10/15/2035 | 40562 | 41095 |
| Citizens Auto Receivables Trust, Ser. 2024-1, Cl. A3<sup>(b)</sup> <br>| 5.11 | 4/17/2028 | 88635 | 89090 |
| Enterprise Fleet Financing LLC, Ser. 2022-3, Cl. A2<sup>(b)</sup> <br>| 4.38 | 7/20/2029 | 7838 | 7840 |
| Enterprise Fleet Financing LLC, Ser. 2025-2, Cl. A3<sup>(b)</sup> <br>| 4.41 | 6/20/2029 | 73000 | 73591 |
| Exeter Automobile Receivables Trust, Ser. 2024-3A, Cl. C | 5.70 | 7/16/2029 | 81000 | 81866 |
| Exeter Automobile Receivables Trust, Ser. 2024-5A, Cl. A3 | 4.45 | 3/15/2028 | 41013 | 41024 |
| Exeter Automobile Receivables Trust, Ser. 2025-1A, Cl. C | 5.09 | 5/15/2031 | 436000 | 439900 |
| Exeter Automobile Receivables Trust, Ser. 2025-4A, Cl. C | 4.57 | 6/16/2031 | 114000 | 113583 |
| Ford Auto Securitization Trust II, Ser. 2022-AA, Cl. A3<sup>(b)</sup> <br>CAD | 5.40 | 9/15/2028 | 626000 | 455497 |
| Ford Credit Auto Owner Trust, Ser. 2021-1, Cl. C<sup>(b)</sup> <br>| 1.91 | 10/17/2033 | 202000 | 199416 |
| Ford Credit Auto Owner Trust, Ser. 2022-C, Cl. C | 5.22 | 3/15/2030 | 325000 | 326584 |

---

**4**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<sup>(a)</sup><br>| Value ($) |
| **Bonds and Notes — 99.5% (continued)** | **Bonds and Notes — 99.5% (continued)** | **Bonds and Notes — 99.5% (continued)** | **Bonds and Notes — 99.5% (continued)** | **Bonds and Notes — 99.5% (continued)** |
| **Asset-Backed Certificates/Auto Receivables — 10.6% (continued)** | **Asset-Backed Certificates/Auto Receivables — 10.6% (continued)** | **Asset-Backed Certificates/Auto Receivables — 10.6% (continued)** | **Asset-Backed Certificates/Auto Receivables — 10.6% (continued)** | **Asset-Backed Certificates/Auto Receivables — 10.6% (continued)** |
| GM Financial Consumer Automobile Receivables Trust, Ser. 2022-1, Cl. C | 1.94 | 4/17/2028 | 170000 | 168876 |
| GMF Floorplan Owner Revolving Trust, Ser. 2024-3A, Cl. B<sup>(b)</sup> <br>| 4.92 | 11/15/2028 | 200000 | 201330 |
| Hyundai Auto Receivables Trust, Ser. 2022-C, Cl. A4 | 5.52 | 10/16/2028 | 333000 | 336302 |
| M&T Bank Auto Receivables Trust, Ser. 2024-1A, Cl. A3<sup>(b)</sup> <br>| 5.22 | 2/17/2032 | 287000 | 290152 |
| Merchants Fleet Funding LLC, Ser. 2024-1A, Cl. D<sup>(b)</sup> <br>| 6.85 | 4/20/2037 | 150000 | 152054 |
| Octane Receivables Trust, Ser. 2023-1A, Cl. B<sup>(b)</sup> <br>| 5.96 | 7/20/2029 | 300000 | 301779 |
| Octane Receivables Trust, Ser. 2023-3A, Cl. A2<sup>(b)</sup> <br>| 6.44 | 3/20/2029 | 60876 | 61250 |
| Octane Receivables Trust, Ser. 2024-3A, Cl. A2<sup>(b)</sup> <br>| 4.94 | 5/20/2030 | 75848 | 76216 |
| OneMain Direct Auto Receivables Trust, Ser. 2019-1A, Cl. B<sup>(b)</sup> <br>| 3.95 | 11/14/2028 | 400000 | 398951 |
| OSCAR US Funding XIII LLC, Ser. 2021-2A, Cl. A4<sup>(b)</sup> <br>| 1.27 | 9/11/2028 | 162000 | 160955 |
| OSCAR US Funding XVI LLC, Ser. 2024-1A, Cl. A3<sup>(b)</sup> <br>| 5.54 | 2/10/2028 | 143000 | 144037 |
| PenFed Auto Receivables Owner Trust, Ser. 2022-A, Cl. C<sup>(b)</sup> <br>| 4.83 | 12/15/2028 | 1000000 | 1001037 |
| PenFed Auto Receivables Owner Trust, Ser. 2025-A, Cl. C<sup>(b)</sup> <br>| 4.67 | 2/17/2032 | 46000 | 45870 |
| Santander Drive Auto Receivables Trust, Ser. 2022-5, Cl. C | 4.74 | 10/16/2028 | 120384 | 120469 |
| Santander Drive Auto Receivables Trust, Ser. 2024-1, Cl. B | 5.23 | 12/15/2028 | 67000 | 67254 |
| Santander Drive Auto Receivables Trust, Ser. 2025-1, Cl. C | 5.04 | 3/17/2031 | 265000 | 268246 |
| Santander Drive Auto Receivables Trust, Ser. 2025-2, Cl. C | 5.06 | 5/15/2031 | 224000 | 226146 |
| Securitized Term Auto Receivables Trust, Ser. 2025-A, Cl. C<sup>(b)</sup> <br>| 5.19 | 7/25/2031 | 149602 | 150727 |
| SFS Auto Receivables Securitization Trust, Ser. 2023-1A, Cl. A3<sup>(b)</sup> <br>| 5.47 | 10/20/2028 | 132845 | 133719 |
| SFS Auto Receivables Securitization Trust, Ser. 2024-1A, Cl. A3<sup>(b)</sup> <br>| 4.95 | 5/21/2029 | 65747 | 66124 |
| Tesla Electric Vehicle Trust, Ser. 2023-1, Cl. A3<sup>(b)</sup> <br>| 5.38 | 6/20/2028 | 87000 | 87669 |
| Toyota Auto Receivables Owner Trust, Ser. 2022-D, Cl. A3 | 5.30 | 9/15/2027 | 217540 | 218539 |
| US Bank NA, Ser. 2023-1, Cl. B<sup>(b)</sup> <br>| 6.79 | 8/25/2032 | 64161 | 64865 |
| Westlake Automobile Receivables Trust, Ser. 2025-2A, Cl. D<sup>(b)</sup> <br>| 5.08 | 5/15/2031 | 114000 | 114337 |
| World Omni Auto Receivables Trust, Ser. 2023-A, Cl. A3 | 4.83 | 5/15/2028 | 42878 | 42974 |
| World Omni Auto Receivables Trust, Ser. 2024-C, Cl. A3 | 4.43 | 12/17/2029 | 130000 | 130651 |
|  |  |  |  | **9380422** |
| **Asset-Backed Certificates/Credit Cards — .2%** | **Asset-Backed Certificates/Credit Cards — .2%** | **Asset-Backed Certificates/Credit Cards — .2%** | **Asset-Backed Certificates/Credit Cards — .2%** | **Asset-Backed Certificates/Credit Cards — .2%** |
| Evergreen Credit Card Trust, Ser. 2025-CRT5, Cl. B<sup>(b)</sup> <br>| 5.24 | 5/15/2029 | 100000 | 101150 |
| Synchrony Card Funding LLC, Ser. 2023-A1, Cl. A | 5.54 | 7/15/2029 | 47000 | 47468 |
|  |  |  |  | **148618** |
| **Asset-Backed Certificates/Home Equity Loans — .5%** | **Asset-Backed Certificates/Home Equity Loans — .5%** | **Asset-Backed Certificates/Home Equity Loans — .5%** | **Asset-Backed Certificates/Home Equity Loans — .5%** | **Asset-Backed Certificates/Home Equity Loans — .5%** |
| &nbsp;&nbsp;&nbsp; GS Mortgage-Backed Securities Trust, Ser. 2024-HE1, Cl. A1, (1 Month SOFR <br> +1.60%)<sup>(b),(c)</sup> <br>| 5.78 | 8/25/2054 | 237754 | 238608 |
| RCKT Mortgage Trust, Ser. 2024-CES2, Cl. A1B<sup>(b)</sup> <br>| 6.29 | 4/25/2044 | 182111 | 184031 |
|  |  |  |  | **422639** |
| **Automobiles & Components — 3.3%** | **Automobiles & Components — 3.3%** | **Automobiles & Components — 3.3%** | **Automobiles & Components — 3.3%** | **Automobiles & Components — 3.3%** |
| BMW US Capital LLC, Gtd. Notes<sup>(b)</sup> <br>| 4.50 | 8/11/2030 | 202000 | 202868 |
| Ford Motor Credit Co. LLC, Sr. Unscd. Notes | 4.54 | 8/1/2026 | 500000 | 499066 |
| Ford Motor Credit Co. LLC, Sr. Unscd. Notes | 5.80 | 3/5/2027 | 275000 | 278162 |
| Ford Motor Credit Co. LLC, Sr. Unscd. Notes | 5.92 | 3/20/2028 | 230000 | 235032 |
| General Motors Financial Co., Inc., Gtd. Notes | 3.85 | 1/5/2028 | 400000 | 396282 |
| General Motors Financial Co., Inc., Sr. Unscd. Notes | 5.05 | 4/4/2028 | 436000 | 443506 |
| Tenneco, Inc., Sr. Scd. Notes<sup>(b)</sup> <br>| 8.00 | 11/17/2028 | 220000 | 219570 |
| The Goodyear Tire & Rubber Company, Sr. Unscd. Notes<sup>(d)</sup> <br>| 6.63 | 7/15/2030 | 430000 | 427492 |
| Volkswagen Group of America Finance LLC, Gtd. Notes<sup>(b)</sup> <br>| 4.85 | 9/11/2030 | 200000 | 201470 |
|  |  |  |  | **2903448** |
| **Banks — 6.3%** | **Banks — 6.3%** | **Banks — 6.3%** | **Banks — 6.3%** | **Banks — 6.3%** |
| Bank of America Corp., Sub. Notes, Ser. L | 4.18 | 11/25/2027 | 450000 | 450332 |
| BNP Paribas SA, Sub. Notes | 4.63 | 3/13/2027 | 325000 | 325293 |

---

**5**

------

*SCHEDULE OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<sup>(a)</sup><br>| Value ($) |
| **Bonds and Notes — 99.5% (continued)** | **Bonds and Notes — 99.5% (continued)** | **Bonds and Notes — 99.5% (continued)** | **Bonds and Notes — 99.5% (continued)** | **Bonds and Notes — 99.5% (continued)** |
| **Banks — 6.3% (continued)** | **Banks — 6.3% (continued)** | **Banks — 6.3% (continued)** | **Banks — 6.3% (continued)** | **Banks — 6.3% (continued)** |
| Citigroup, Inc., Jr. Sub. Notes, Ser. W<sup>(e)</sup> <br>| 4.00 | 12/10/2025 | 363000 | 362781 |
| Citigroup, Inc., Sr. Unscd. Notes | 2.98 | 11/5/2030 | 455000 | 431579 |
| Citizens Financial Group, Inc., Sr. Unscd. Notes<sup>(d)</sup> <br>| 5.84 | 1/23/2030 | 213000 | 221494 |
| Huntington Bancshares, Inc., Sr. Unscd. Notes | 5.27 | 1/15/2031 | 276000 | 284203 |
| M&T Bank Corp., Sr. Unscd. Notes | 5.18 | 7/8/2031 | 174000 | 177827 |
| Morgan Stanley, Sr. Unscd. Notes | 5.12 | 2/1/2029 | 462000 | 471625 |
| Morgan Stanley, Sub. Notes<sup>(d)</sup> <br>| 3.95 | 4/23/2027 | 310000 | 309380 |
| Santander Holdings USA, Inc., Sr. Unscd. Notes | 6.50 | 3/9/2029 | 339000 | 352839 |
| State Street Corp., Jr. Sub. Notes, Ser. I<sup>(d),(e)</sup> <br>| 6.70 | 3/15/2029 | 236000 | 246257 |
| The Goldman Sachs Group, Inc., Jr. Sub. Notes, Ser. T<sup>(e)</sup> <br>| 3.80 | 5/10/2026 | 350000 | 345344 |
| The Goldman Sachs Group, Inc., Sr. Unscd. Notes | 4.94 | 4/23/2028 | 420000 | 424607 |
| Truist Bank, Sub. Notes | 4.63 | 9/17/2029 | 450000 | 451659 |
| Wells Fargo & Co., Jr. Sub. Notes, Ser. BB<sup>(e)</sup> <br>| 3.90 | 3/15/2026 | 300000 | 298213 |
| Wells Fargo & Co., Sr. Unscd. Notes | 4.97 | 4/23/2029 | 418000 | 425674 |
|  |  |  |  | **5579107** |
| **Building Materials — .3%** | **Building Materials — .3%** | **Building Materials — .3%** | **Building Materials — .3%** | **Building Materials — .3%** |
| Smyrna Ready Mix Concrete LLC, Sr. Scd. Notes<sup>(b)</sup> <br>| 6.00 | 11/1/2028 | 300000 | **299239** |
| **Chemicals — 1.6%** | **Chemicals — 1.6%** | **Chemicals — 1.6%** | **Chemicals — 1.6%** | **Chemicals — 1.6%** |
| &nbsp;&nbsp;&nbsp; Axalta Coating Systems LLC/Axalta Coating Systems Dutch Holding B BV, Gtd. <br> Notes<sup>(b)</sup> <br>| 4.75 | 6/15/2027 | 350000 | 349389 |
| Celanese US Holdings LLC, Gtd. Notes | 6.67 | 7/15/2027 | 213000 | 218787 |
| INEOS Quattro Finance 2 PLC, Sr. Scd. Notes<sup>(b)</sup> <br>| 9.63 | 3/15/2029 | 215000 | 201765 |
| SNF Group SACA, Sr. Unscd. Notes<sup>(b)</sup> <br>| 3.13 | 3/15/2027 | 250000 | 244207 |
| The Dow Chemical Company, Sr. Unscd. Notes | 4.80 | 1/15/2031 | 437000 | 435659 |
|  |  |  |  | **1449807** |
| **Collateralized Loan Obligations Debt — 4.7%** | **Collateralized Loan Obligations Debt — 4.7%** | **Collateralized Loan Obligations Debt — 4.7%** | **Collateralized Loan Obligations Debt — 4.7%** | **Collateralized Loan Obligations Debt — 4.7%** |
| Apidos XXV CLO, Ser. 2016-25A, Cl. XR3, (3 Month TSFR +0.95%)<sup>(b),(c)</sup> <br>| 4.83 | 1/20/2037 | 250000 | 250091 |
| &nbsp;&nbsp;&nbsp; Arbor Realty Commercial Real Estate Notes Ltd. CLO, Ser. 2021-FL4, Cl. A, <br> (1 Month TSFR +1.46%)<sup>(b),(c)</sup> <br>| 5.50 | 11/15/2036 | 186739 | 187074 |
| &nbsp;&nbsp;&nbsp; Bain Capital Credit Ltd. CLO, Ser. 2020-3A, Cl. A1RR, (3 Month TSFR <br> +1.21%)<sup>(b),(c)</sup> <br>| 5.07 | 10/23/2034 | 350000 | 350899 |
| Ballyrock Ltd. CLO, Ser. 2020-2A, Cl. A1R, (3 Month TSFR +1.27%)<sup>(b),(c)</sup> <br>| 5.16 | 10/20/2031 | 140513 | 140581 |
| Dryden 108 Ltd. CLO, Ser. 2022-108A, Cl. X, (3 Month TSFR +1.15%)<sup>(b),(c)</sup> <br>| 5.03 | 7/18/2037 | 197368 | 197381 |
| &nbsp;&nbsp;&nbsp; Dryden 41 Senior Loan Fund CLO, Ser. 2015-41A, Cl. AR, (3 Month TSFR <br> +1.23%)<sup>(b),(c)</sup> <br>| 5.14 | 4/15/2031 | 22286 | 22296 |
| &nbsp;&nbsp;&nbsp; Fortress Credit Opportunities XXXI Ltd. CLO, Ser. 2025-31A, Cl. A1, (3 Month <br> TSFR +1.50%)<sup>(b),(c)</sup> <br>| 5.38 | 7/20/2033 | 224993 | 225409 |
| &nbsp;&nbsp;&nbsp; Fortress Credit Opportunities XXXV Ltd. CLO, Ser. 2025-35A, Cl. A1, (3 Month <br> TSFR +1.40%)<sup>(b),(c)</sup> <br>| 5.73 | 7/20/2033 | 150000 | 150061 |
| &nbsp;&nbsp;&nbsp; Goldentree Loan Management US 14 Ltd. CLO, Ser. 2022-14A, Cl. XR, (3 Month <br> TSFR +0.90%)<sup>(b),(c)</sup> <br>| 4.78 | 7/20/2037 | 125000 | 125037 |
| Magnetite XIX Ltd., Ser. 2017-19A, Cl. ARR, (3 Month TSFR +1.05%)<sup>(b),(c)</sup> <br>| 4.93 | 4/17/2034 | 325000 | 324411 |
| MF1 Ltd. CLO, Ser. 2021-FL7, Cl. AS, (1 Month TSFR +1.56%)<sup>(b),(c)</sup> <br>| 5.59 | 10/16/2036 | 500000 | 500237 |
| MF1 Ltd. CLO, Ser. 2022-FL8, Cl. AS, (1 Month TSFR +1.75%)<sup>(b),(c)</sup> <br>| 5.75 | 2/19/2037 | 375000 | 374161 |
| &nbsp;&nbsp;&nbsp; Neuberger Berman Loan Advisers 41 Ltd. CLO, Ser. 2021-41A, Cl. AR, (3 Month <br> TSFR +1.05%)<sup>(b),(c)</sup> <br>| 4.95 | 4/15/2034 | 250000 | 249972 |
| PFP Ltd. CLO, Ser. 2025-12, Cl. A, (1 Month TSFR +1.49%)<sup>(b),(c)</sup> <br>| 5.51 | 12/18/2042 | 250000 | 251289 |
| RIN IV Ltd., Ser. 2021-1A, Cl. A1R, (3 Month TSFR +1.35%)<sup>(b),(c)</sup> <br>| 5.23 | 10/20/2038 | 250000 | 250589 |
| Symphony XV Ltd. CLO, Ser. 2014-15A, Cl. BR3, (3 Month TSFR +1.81%)<sup>(b),(c)</sup> <br>| 5.69 | 1/17/2032 | 550000 | 551647 |
|  |  |  |  | **4151135** |

---

**6**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<sup>(a)</sup><br>| Value ($) |
| **Bonds and Notes — 99.5% (continued)** | **Bonds and Notes — 99.5% (continued)** | **Bonds and Notes — 99.5% (continued)** | **Bonds and Notes — 99.5% (continued)** | **Bonds and Notes — 99.5% (continued)** |
| **Commercial & Professional Services — 1.2%** | **Commercial & Professional Services — 1.2%** | **Commercial & Professional Services — 1.2%** | **Commercial & Professional Services — 1.2%** | **Commercial & Professional Services — 1.2%** |
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc., Gtd. Notes<sup>(b)</sup> <br>| 5.75 | 7/15/2027 | 260000 | 259277 |
| Block, Inc., Sr. Unscd. Notes<sup>(b)</sup> <br>| 5.63 | 8/15/2030 | 213000 | 216352 |
| Herc Holdings, Inc., Gtd. Notes<sup>(b)</sup> <br>| 6.63 | 6/15/2029 | 415000 | 428936 |
| Williams Scotsman, Inc., Sr. Scd. Notes<sup>(b)</sup> <br>| 6.63 | 6/15/2029 | 192000 | 197836 |
|  |  |  |  | **1102401** |
| **Commercial Mortgage Pass-Through Certificates — 6.0%** | **Commercial Mortgage Pass-Through Certificates — 6.0%** | **Commercial Mortgage Pass-Through Certificates — 6.0%** | **Commercial Mortgage Pass-Through Certificates — 6.0%** | **Commercial Mortgage Pass-Through Certificates — 6.0%** |
| Angel Oak Mortgage Trust, Ser. 2024-3, Cl. A2<sup>(b)</sup> <br>| 4.80 | 11/26/2068 | 41172 | 40913 |
| BANK5 Trust, Ser. 2024-5YR12, Cl. A2 | 5.42 | 12/15/2057 | 428000 | 443484 |
| BRAVO Residential Funding Trust, Ser. 2023-NQM5, Cl. A2<sup>(b)</sup> <br>| 6.86 | 6/25/2063 | 90214 | 90905 |
| BRAVO Residential Funding Trust, Ser. 2025-NQM8, Cl. A1<sup>(b)</sup> <br>| 5.08 | 6/25/2065 | 54236 | 54304 |
| &nbsp;&nbsp;&nbsp; BSREP Commercial Mortgage Trust, Ser. 2021-DC, Cl. C, (1 Month TSFR <br> +1.66%)<sup>(b),(c)</sup> <br>| 5.70 | 8/15/2038 | 426060 | 364335 |
| BXHPP Trust, Ser. 2021-FILM, Cl. B, (1 Month TSFR +1.01%)<sup>(b),(c)</sup> <br>| 5.05 | 8/15/2036 | 450000 | 424247 |
| Citigroup Commercial Mortgage Trust, Ser. 2014-GC25, Cl. B | 4.35 | 10/10/2047 | 101364 | 97787 |
| COLT Mortgage Loan Trust, Ser. 2023-3, Cl. A2<sup>(b)</sup> <br>| 7.43 | 9/25/2068 | 84603 | 85638 |
| COLT Mortgage Loan Trust, Ser. 2025-3, Cl. A1<sup>(b)</sup> <br>| 5.35 | 3/25/2070 | 87589 | 87997 |
| COLT Mortgage Loan Trust, Ser. 2025-8, Cl. A3<sup>(b)</sup> <br>| 5.89 | 8/25/2070 | 210296 | 211898 |
| Cross Mortgage Trust, Ser. 2024-H2, Cl. A2<sup>(b)</sup> <br>| 6.42 | 4/25/2069 | 32613 | 32903 |
| Cross Mortgage Trust, Ser. 2024-H2, Cl. A3<sup>(b)</sup> <br>| 6.52 | 4/25/2069 | 32612 | 32894 |
| Cross Mortgage Trust, Ser. 2024-H3, Cl. A2<sup>(b)</sup> <br>| 6.58 | 6/25/2069 | 116927 | 118368 |
| Cross Mortgage Trust, Ser. 2025-H2, Cl. A1<sup>(b)</sup> <br>| 5.36 | 3/25/2070 | 88836 | 89180 |
| Cross Mortgage Trust, Ser. 2025-H2, Cl. A2<sup>(b)</sup> <br>| 5.46 | 3/25/2070 | 103050 | 103365 |
| Cross Mortgage Trust, Ser. 2025-H8<sup>(b)</sup> <br>| 5.00 | 11/1/2070 | 109817 | 109817 |
| Hudson Yards Mortgage Trust, Ser. 2025-SPRL, Cl. C<sup>(b)</sup> <br>| 5.95 | 1/13/2040 | 100000 | 103508 |
| Imperial Fund Mortgage Trust, Ser. 2023-NQM1, Cl. A3<sup>(b)</sup> <br>| 7.16 | 2/25/2068 | 293295 | 293569 |
| JPMorgan Mortgage Trust, Ser. 2024-CES1, Cl. A1B<sup>(b)</sup> <br>| 6.02 | 6/25/2054 | 227459 | 228823 |
| LHOME Mortgage Trust, Ser. 2025-RTL3, Cl. A1<sup>(b)</sup> <br>| 5.24 | 8/25/2040 | 100000 | 100153 |
| Natixis Commercial Mortgage Securities Trust, Ser. 2020-2PAC, Cl. A<sup>(b)</sup> <br>| 2.97 | 12/15/2038 | 131449 | 126899 |
| New Residential Mortgage Loan Trust, Ser. 2022-NQM1, Cl. A1<sup>(b)</sup> <br>| 2.28 | 4/25/2061 | 394709 | 353708 |
| New Residential Mortgage Loan Trust, Ser. 2024-NQM3, Cl. A1<sup>(b)</sup> <br>| 5.47 | 11/25/2064 | 97597 | 98570 |
| New Residential Mortgage Loan Trust, Ser. 2025-NQM2, Cl. A1<sup>(b)</sup> <br>| 0.00 | 4/25/2065 | 220079 | 222238 |
| NY Commercial Mortgage Trust, Ser. 2025-299P, Cl. A<sup>(b)</sup> <br>| 5.66 | 2/10/2047 | 100000 | 105256 |
| NYMT Loan Trust, Ser. 2024-BPL2, Cl. A1<sup>(b)</sup> <br>| 6.51 | 5/25/2039 | 235000 | 237227 |
| NYMT Loan Trust, Ser. 2025-CP1, Cl. A1<sup>(b)</sup> <br>| 3.75 | 11/25/2069 | 96814 | 93087 |
| OBX Trust, Ser. 2023-NQM2, Cl. A1<sup>(b)</sup> <br>| 6.32 | 1/25/2062 | 280654 | 281036 |
| OBX Trust, Ser. 2024-NQM18, Cl. A1<sup>(b)</sup> <br>| 5.41 | 10/25/2064 | 79097 | 79461 |
| OBX Trust, Ser. 2025-NQM18, Cl. A1A<sup>(b)</sup> <br>| 5.06 | 9/25/2065 | 169702 | 169911 |
| PRPM LLC, Ser. 2025-RPL4, Cl. A1<sup>(b)</sup> <br>| 3.00 | 5/25/2055 | 95440 | 90591 |
| Toorak Mortgage Trust, Ser. 2025-RRTL1, Cl. A1<sup>(b)</sup> <br>| 5.52 | 2/25/2040 | 140071 | 140948 |
| Towd Point Mortgage Trust, Ser. 2023-1, Cl. A1<sup>(b)</sup> <br>| 3.75 | 1/25/2063 | 74703 | 72624 |
| Verus Securitization Trust, Ser. 2024-9, Cl. A1<sup>(b)</sup> <br>| 5.44 | 11/25/2069 | 86803 | 87329 |
| &nbsp;&nbsp;&nbsp; Wells Fargo Commercial Mortgage Trust, Ser. 2021-SAVE, Cl. A, (1 Month <br> TSFR +1.36%)<sup>(b),(c)</sup> <br>| 5.40 | 2/15/2040 | 52341 | 52375 |
|  |  |  |  | **5325348** |
| **Consumer Discretionary — 5.2%** | **Consumer Discretionary — 5.2%** | **Consumer Discretionary — 5.2%** | **Consumer Discretionary — 5.2%** | **Consumer Discretionary — 5.2%** |
| Brightstar Lottery PLC, Sr. Scd. Notes<sup>(b)</sup> <br>| 5.25 | 1/15/2029 | 440000 | 439173 |
| Caesars Entertainment, Inc., Gtd. Notes<sup>(b),(d)</sup> <br>| 4.63 | 10/15/2029 | 235000 | 221243 |
| Carnival Corp., Gtd. Notes<sup>(b)</sup> <br>| 5.13 | 5/1/2029 | 441000 | 446728 |
| D.R. Horton, Inc., Gtd. Notes<sup>(d)</sup> <br>| 4.85 | 10/15/2030 | 427000 | 435403 |
| KB Home, Gtd. Notes | 6.88 | 6/15/2027 | 450000 | 459466 |

---

**7**

------

*SCHEDULE OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<sup>(a)</sup><br>| Value ($) |
| **Bonds and Notes — 99.5% (continued)** | **Bonds and Notes — 99.5% (continued)** | **Bonds and Notes — 99.5% (continued)** | **Bonds and Notes — 99.5% (continued)** | **Bonds and Notes — 99.5% (continued)** |
| **Consumer Discretionary — 5.2% (continued)** | **Consumer Discretionary — 5.2% (continued)** | **Consumer Discretionary — 5.2% (continued)** | **Consumer Discretionary — 5.2% (continued)** | **Consumer Discretionary — 5.2% (continued)** |
| Las Vegas Sands Corp., Sr. Unscd. Notes | 5.90 | 6/1/2027 | 486000 | 495324 |
| Light & Wonder International, Inc., Gtd. Notes<sup>(b),(d)</sup> <br>| 7.25 | 11/15/2029 | 300000 | 307971 |
| NCL Corp., Ltd., Sr. Unscd. Notes<sup>(b)</sup> <br>| 5.88 | 1/15/2031 | 219000 | 219033 |
| Royal Caribbean Cruises Ltd., Sr. Unscd. Notes<sup>(b)</sup> <br>| 5.50 | 8/31/2026 | 645000 | 646942 |
| Taylor Morrison Communities, Inc., Gtd. Notes<sup>(b)</sup> <br>| 5.88 | 6/15/2027 | 300000 | 303214 |
| Wynn Macau Ltd., Sr. Unscd. Notes<sup>(b)</sup> <br>| 5.63 | 8/26/2028 | 600000 | 599795 |
|  |  |  |  | **4574292** |
| **Diversified Financials — 1.8%** | **Diversified Financials — 1.8%** | **Diversified Financials — 1.8%** | **Diversified Financials — 1.8%** | **Diversified Financials — 1.8%** |
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust, Gtd. Notes | 4.38 | 11/15/2030 | 150000 | 149264 |
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust, Gtd. Notes | 5.10 | 1/19/2029 | 450000 | 460437 |
| Aircastle Ltd./Aircastle Ireland DAC, Gtd. Notes<sup>(b)</sup> <br>| 5.00 | 9/15/2030 | 158000 | 159257 |
| Aircastle Ltd./Aircastle Ireland DAC, Gtd. Notes<sup>(b)</sup> <br>| 5.25 | 3/15/2030 | 430000 | 439142 |
| Macquarie Airfinance Holdings Ltd., Sr. Unscd. Notes<sup>(b)</sup> <br>| 5.20 | 3/27/2028 | 188000 | 191133 |
| Stellantis Financial Services US Corp., Sr. Unscd. Notes<sup>(b)</sup> <br>| 4.95 | 9/15/2028 | 200000 | 200886 |
|  |  |  |  | **1600119** |
| **Energy — 10.8%** | **Energy — 10.8%** | **Energy — 10.8%** | **Energy — 10.8%** | **Energy — 10.8%** |
| Azule Energy Finance PLC, Gtd. Notes<sup>(b)</sup> <br>| 8.13 | 1/23/2030 | 200000 | 201192 |
| Cheniere Energy Partners LP, Gtd. Notes | 4.50 | 10/1/2029 | 215000 | 215125 |
| CITGO Petroleum Corp., Sr. Scd. Notes<sup>(b)</sup> <br>| 8.38 | 1/15/2029 | 209000 | 217861 |
| Columbia Pipelines Holding Co. LLC, Sr. Unscd. Notes<sup>(b)</sup> <br>| 6.06 | 8/15/2026 | 500000 | 505761 |
| CVR Energy, Inc., Gtd. Bonds<sup>(b)</sup> <br>| 5.75 | 2/15/2028 | 500000 | 495190 |
| Enbridge, Inc., Gtd. Notes | 6.00 | 11/15/2028 | 400000 | 420684 |
| Energy Transfer LP, Gtd. Notes<sup>(b)</sup> <br>| 5.63 | 5/1/2027 | 675000 | 675128 |
| Energy Transfer LP, Sr. Unscd. Notes | 5.55 | 2/15/2028 | 453000 | 465974 |
| Global Partners LP/GLP Finance Corp., Gtd. Notes<sup>(d)</sup> <br>| 6.88 | 1/15/2029 | 664000 | 672558 |
| Hess Midstream Operations LP, Gtd. Notes<sup>(b)</sup> <br>| 5.88 | 3/1/2028 | 268000 | 273691 |
| Hess Midstream Operations LP, Gtd. Notes<sup>(b)</sup> <br>| 6.50 | 6/1/2029 | 66000 | 68440 |
| Ithaca Energy North Sea PLC, Sr. Unscd. Notes<sup>(b),(d)</sup> <br>| 8.13 | 10/15/2029 | 400000 | 420382 |
| Kinder Morgan, Inc., Gtd. Bonds | 5.15 | 6/1/2030 | 77000 | 79422 |
| Kinetik Holdings LP, Sr. Unscd. Notes<sup>(b)</sup> <br>| 6.63 | 12/15/2028 | 285000 | 292904 |
| Medco Cypress Tree Pte Ltd., Sr. Scd. Bonds<sup>(b)</sup> <br>| 8.63 | 5/19/2030 | 250000 | 265196 |
| MPLX LP, Sr. Unscd. Notes | 4.80 | 2/15/2031 | 87000 | 87760 |
| Occidental Petroleum Corp., Sr. Unscd. Notes | 6.38 | 9/1/2028 | 300000 | 314363 |
| ONEOK, Inc., Gtd. Notes | 4.25 | 9/24/2027 | 491000 | 491710 |
| ONEOK, Inc., Gtd. Notes | 5.65 | 11/1/2028 | 422000 | 437755 |
| Parkland Corp., Gtd. Notes<sup>(b)</sup> <br>| 5.88 | 7/15/2027 | 250000 | 250412 |
| Plains All American Pipeline LP/PAA Finance Corp., Sr. Unscd. Notes | 4.70 | 1/15/2031 | 53000 | 53129 |
| Repsol E&P Capital Markets US LLC, Gtd. Notes<sup>(b)</sup> <br>| 5.20 | 9/16/2030 | 200000 | 200817 |
| SM Energy Co., Sr. Unscd. Notes<sup>(b)</sup> <br>| 6.75 | 8/1/2029 | 341000 | 340544 |
| South Bow USA Infrastructure Holdings LLC, Gtd. Notes | 4.91 | 9/1/2027 | 176000 | 177348 |
| Sunoco LP, Gtd. Notes<sup>(b)</sup> <br>| 5.63 | 3/15/2031 | 79000 | 79100 |
| Sunoco LP/Sunoco Finance Corp., Gtd. Notes | 6.00 | 4/15/2027 | 255000 | 255929 |
| The Williams Companies, Inc., Sr. Unscd. Notes | 3.75 | 6/15/2027 | 275000 | 273418 |
| Valero Energy Corp., Sr. Unscd. Notes | 5.15 | 2/15/2030 | 178000 | 183161 |
| Venture Global Calcasieu Pass LLC, Sr. Scd. Notes<sup>(b)</sup> <br>| 6.25 | 1/15/2030 | 245000 | 250125 |
| Venture Global LNG, Inc., Sr. Scd. Notes<sup>(b)</sup> <br>| 8.13 | 6/1/2028 | 410000 | 422608 |
| Viper Energy Partners LLC, Gtd. Bonds | 4.90 | 8/1/2030 | 428000 | 432055 |
|  |  |  |  | **9519742** |

---

**8**

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Description |  | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<sup>(a)</sup><br>| Value ($) |
| **Bonds and Notes — 99.5% (continued)** | **Bonds and Notes — 99.5% (continued)** | **Bonds and Notes — 99.5% (continued)** | **Bonds and Notes — 99.5% (continued)** | **Bonds and Notes — 99.5% (continued)** | **Bonds and Notes — 99.5% (continued)** |
| **Food Products — .8%** | **Food Products — .8%** | **Food Products — .8%** | **Food Products — .8%** | **Food Products — .8%** | **Food Products — .8%** |
| &nbsp;&nbsp;&nbsp; Albertsons Cos., Inc/Safeway, Inc./New Albertsons LP/Albertsons LLC, Sr. <br> Unscd. Notes<sup>(b)</sup> <br>|  | 5.50 | 3/31/2031 | 263000 | 265408 |
| US Foods, Inc., Gtd. Notes<sup>(b)</sup> <br>|  | 6.88 | 9/15/2028 | 419000 | 432650 |
|  |  |  |  |  | **698058** |
| **Foreign Governmental — .9%** | **Foreign Governmental — .9%** | **Foreign Governmental — .9%** | **Foreign Governmental — .9%** | **Foreign Governmental — .9%** | **Foreign Governmental — .9%** |
| Brazil Notas do Tesouro Nacional, Notes, Ser. F | BRL | 10.00 | 1/1/2029 | 1000 | 172 |
| Colombia, Sr. Unscd. Bonds |  | 7.38 | 4/25/2030 | 206000 | 221007 |
| Hungary, Sr. Unscd. Notes<sup>(b)</sup> <br>|  | 6.13 | 5/22/2028 | 200000 | 208623 |
| Romania, Sr. Unscd. Notes<sup>(b)</sup> <br>|  | 5.25 | 11/25/2027 | 350000 | 355334 |
|  |  |  |  |  | **785136** |
| **Health Care — .7%** | **Health Care — .7%** | **Health Care — .7%** | **Health Care — .7%** | **Health Care — .7%** | **Health Care — .7%** |
| Avantor Funding, Inc., Gtd. Notes<sup>(b)</sup> <br>|  | 4.63 | 7/15/2028 | 310000 | 305224 |
| GE HealthCare Technologies, Inc., Sr. Unscd. Notes |  | 4.80 | 8/14/2029 | 113000 | 115327 |
| HCA, Inc., Gtd. Notes |  | 4.30 | 11/15/2030 | 200000 | 199071 |
|  |  |  |  |  | **619622** |
| **Industrial — 1.1%** | **Industrial — 1.1%** | **Industrial — 1.1%** | **Industrial — 1.1%** | **Industrial — 1.1%** | **Industrial — 1.1%** |
| AGCO Corp., Gtd. Notes |  | 5.45 | 3/21/2027 | 272000 | 275858 |
| Chart Industries, Inc., Sr. Scd. Notes<sup>(b)</sup> <br>|  | 7.50 | 1/1/2030 | 300000 | 313245 |
| TK Elevator US Newco, Inc., Sr. Scd. Notes<sup>(b),(d)</sup> <br>|  | 5.25 | 7/15/2027 | 400000 | 399831 |
|  |  |  |  |  | **988934** |
| **Information Technology — .5%** | **Information Technology — .5%** | **Information Technology — .5%** | **Information Technology — .5%** | **Information Technology — .5%** | **Information Technology — .5%** |
| Oracle Corp., Sr. Unscd. Notes |  | 4.45 | 9/26/2030 | 328000 | 325367 |
| Paychex, Inc., Sr. Unscd. Notes |  | 5.10 | 4/15/2030 | 112000 | 115193 |
|  |  |  |  |  | **440560** |
| **Insurance — 1.1%** | **Insurance — 1.1%** | **Insurance — 1.1%** | **Insurance — 1.1%** | **Insurance — 1.1%** | **Insurance — 1.1%** |
| Allianz SE, Jr. Sub. Bonds<sup>(b),(e)</sup> <br>|  | 3.20 | 10/30/2027 | 400000 | 378140 |
| American International Group, Inc., Sr. Unscd. Notes |  | 4.85 | 5/7/2030 | 35000 | 35820 |
| Brown & Brown, Inc., Sr. Unscd. Notes |  | 4.90 | 6/23/2030 | 92000 | 93304 |
| Corebridge Global Funding, Scd. Notes<sup>(b)</sup> <br>|  | 4.90 | 12/3/2029 | 485000 | 495711 |
|  |  |  |  |  | **1002975** |
| **Internet Software & Services — .7%** | **Internet Software & Services — .7%** | **Internet Software & Services — .7%** | **Internet Software & Services — .7%** | **Internet Software & Services — .7%** | **Internet Software & Services — .7%** |
| Match Group Holdings II LLC, Sr. Unscd. Notes<sup>(b)</sup> <br>|  | 6.13 | 9/15/2033 | 262000 | 264011 |
| Meta Platforms, Inc., Sr. Unscd. Notes |  | 4.20 | 11/15/2030 | 315000 | 314743 |
|  |  |  |  |  | **578754** |
| **Materials — 1.7%** | **Materials — 1.7%** | **Materials — 1.7%** | **Materials — 1.7%** | **Materials — 1.7%** | **Materials — 1.7%** |
| Amcor Flexibles North America, Inc., Gtd. Notes |  | 5.10 | 3/17/2030 | 299000 | 306940 |
| &nbsp;&nbsp;&nbsp; Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance <br> PLC, Sr. Scd. Notes<sup>(b)</sup> <br>|  | 6.00 | 6/15/2027 | 500000 | 501604 |
| Ball Corp., Gtd. Notes |  | 6.88 | 3/15/2028 | 450000 | 458140 |
| Canpack SA/Canpack US LLC, Gtd. Notes<sup>(b)</sup> <br>|  | 3.88 | 11/15/2029 | 250000 | 237667 |
|  |  |  |  |  | **1504351** |
| **Media — 1.8%** | **Media — 1.8%** | **Media — 1.8%** | **Media — 1.8%** | **Media — 1.8%** | **Media — 1.8%** |
| Discovery Communications LLC, Gtd. Notes |  | 3.95 | 3/20/2028 | 271000 | 265720 |
| Paramount Global, Gtd. Notes |  | 6.38 | 3/30/2062 | 550000 | 543560 |
| Sirius XM Radio LLC, Gtd. Notes<sup>(b)</sup> <br>|  | 5.00 | 8/1/2027 | 500000 | 499192 |
| Univision Communications, Inc., Sr. Scd. Notes<sup>(b)</sup> <br>|  | 8.00 | 8/15/2028 | 258000 | 265782 |
|  |  |  |  |  | **1574254** |
| **Metals & Mining — .8%** | **Metals & Mining — .8%** | **Metals & Mining — .8%** | **Metals & Mining — .8%** | **Metals & Mining — .8%** | **Metals & Mining — .8%** |
| Alumina Pty Ltd., Gtd. Notes<sup>(b)</sup> <br>|  | 6.13 | 3/15/2030 | 215000 | 220576 |

---

**9**

------

*SCHEDULE OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Description |  | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<sup>(a)</sup><br>| Value ($) |
| **Bonds and Notes — 99.5% (continued)** | **Bonds and Notes — 99.5% (continued)** | **Bonds and Notes — 99.5% (continued)** | **Bonds and Notes — 99.5% (continued)** | **Bonds and Notes — 99.5% (continued)** | **Bonds and Notes — 99.5% (continued)** |
| **Metals & Mining — .8% (continued)** | **Metals & Mining — .8% (continued)** | **Metals & Mining — .8% (continued)** | **Metals & Mining — .8% (continued)** | **Metals & Mining — .8% (continued)** | **Metals & Mining — .8% (continued)** |
| Glencore Funding LLC, Gtd. Notes<sup>(b),(d)</sup> <br>|  | 5.19 | 4/1/2030 | 187000 | 192553 |
| WE Soda Investments Holding PLC, Sr. Scd. Bonds<sup>(b)</sup> <br>|  | 9.50 | 10/6/2028 | 250000 | 251098 |
|  |  |  |  |  | **664227** |
| **Real Estate — 6.5%** | **Real Estate — 6.5%** | **Real Estate — 6.5%** | **Real Estate — 6.5%** | **Real Estate — 6.5%** | **Real Estate — 6.5%** |
| American Homes 4 Rent LP, Sr. Unscd. Notes |  | 4.95 | 6/15/2030 | 340000 | 346543 |
| COPT Defense Properties LP, Gtd. Notes |  | 2.25 | 3/15/2026 | 369000 | 365363 |
| Cousins Properties LP, Gtd. Notes |  | 5.25 | 7/15/2030 | 165000 | 168687 |
| CubeSmart LP, Gtd. Notes |  | 2.25 | 12/15/2028 | 230000 | 217020 |
| EPR Properties, Gtd. Notes |  | 4.75 | 12/15/2026 | 430000 | 431705 |
| Extra Space Storage LP, Gtd. Notes |  | 5.70 | 4/1/2028 | 380000 | 392474 |
| Healthcare Realty Holdings LP, Gtd. Notes |  | 2.00 | 3/15/2031 | 300000 | 261545 |
| Iron Mountain, Inc., Gtd. Notes<sup>(b)</sup> <br>|  | 4.88 | 9/15/2029 | 225000 | 222224 |
| Kite Realty Group LP, Sr. Unscd. Notes<sup>(d)</sup> <br>|  | 4.00 | 10/1/2026 | 427000 | 425993 |
| &nbsp;&nbsp;&nbsp; Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co-<br> Issuer, Gtd. Notes<sup>(b)</sup> <br>|  | 7.00 | 2/1/2030 | 222000 | 227512 |
| Rexford Industrial Realty LP, Gtd. Notes |  | 2.15 | 9/1/2031 | 500000 | 436720 |
| Sabra Health Care LP, Gtd. Notes |  | 3.20 | 12/1/2031 | 95000 | 86307 |
| SBA Tower Trust, Asset Backed Notes<sup>(b)</sup> <br>|  | 1.84 | 4/15/2027 | 500000 | 479986 |
| SBA Tower Trust, Asset Backed Notes<sup>(b)</sup> <br>|  | 1.88 | 1/15/2026 | 275000 | 273531 |
| Store Capital LLC, Sr. Unscd. Notes |  | 4.63 | 3/15/2029 | 220000 | 218852 |
| Store Capital LLC, Sr. Unscd. Notes<sup>(b)</sup> <br>|  | 5.40 | 4/30/2030 | 210000 | 214288 |
| Ventas Realty LP, Gtd. Notes |  | 4.40 | 1/15/2029 | 430000 | 431183 |
| VICI Properties LP, Sr. Unscd. Notes |  | 4.75 | 4/1/2028 | 78000 | 78782 |
| Vornado Realty LP, Sr. Unscd. Notes |  | 2.15 | 6/1/2026 | 180000 | 176796 |
| WPC Eurobond BV, Gtd. Notes | EUR | 1.35 | 4/15/2028 | 300000 | 334655 |
|  |  |  |  |  | **5790166** |
| **Retailing — .9%** | **Retailing — .9%** | **Retailing — .9%** | **Retailing — .9%** | **Retailing — .9%** | **Retailing — .9%** |
| Asbury Automotive Group, Inc., Gtd. Notes<sup>(b)</sup> <br>|  | 4.63 | 11/15/2029 | 535000 | 520109 |
| Lithia Motors, Inc., Gtd. Notes<sup>(b)</sup> <br>|  | 5.50 | 10/1/2030 | 282000 | 282696 |
|  |  |  |  |  | **802805** |
| **Telecommunication Services — .8%** | **Telecommunication Services — .8%** | **Telecommunication Services — .8%** | **Telecommunication Services — .8%** | **Telecommunication Services — .8%** | **Telecommunication Services — .8%** |
| Millicom International Cellular SA, Sr. Unscd. Notes<sup>(b)</sup> <br>|  | 5.13 | 1/15/2028 | 495000 | 492998 |
| Sunrise HoldCo IV BV, Sr. Scd. Notes<sup>(b)</sup> <br>|  | 5.50 | 1/15/2028 | 200000 | 199264 |
|  |  |  |  |  | **692262** |
| **Transportation — .4%** | **Transportation — .4%** | **Transportation — .4%** | **Transportation — .4%** | **Transportation — .4%** | **Transportation — .4%** |
| Ryder System, Inc., Sr. Unscd. Notes |  | 4.85 | 6/15/2030 | 338000 | **345000** |
| **U.S. Government Agencies Collateralized Mortgage Obligations — .9%** | **U.S. Government Agencies Collateralized Mortgage Obligations — .9%** | **U.S. Government Agencies Collateralized Mortgage Obligations — .9%** | **U.S. Government Agencies Collateralized Mortgage Obligations — .9%** | **U.S. Government Agencies Collateralized Mortgage Obligations — .9%** | **U.S. Government Agencies Collateralized Mortgage Obligations — .9%** |
| Federal Home Loan Mortgage Corp., REMIC, Ser. 4091, Cl. KC<sup>(f)</sup> <br>|  | 3.00 | 8/15/2040 | 7523 | 7493 |
| Federal Home Loan Mortgage Corp., REMIC, Ser. 5050, Cl. XA<sup>(f)</sup> <br>|  | 1.00 | 7/15/2039 | 235095 | 218891 |
| &nbsp;&nbsp;&nbsp; Federal Home Loan Mortgage Corp. Seasoned Credit Risk Transfer Trust, Ser. <br> 2020-3, Cl. TTU<sup>(f)</sup> <br>|  | 2.50 | 5/25/2060 | 65385 | 61069 |
| &nbsp;&nbsp;&nbsp; Federal Home Loan Mortgage Corp. Seasoned Loans Structured Transaction <br> Trust, Ser. 2018-2, Cl. A1<sup>(f)</sup> <br>|  | 3.50 | 11/25/2028 | 43409 | 42642 |
| Federal National Mortgage Association, REMIC, Ser. 2013-16, Cl. GP<sup>(f)</sup> <br>|  | 3.00 | 3/25/2033 | 15425 | 15244 |
| Government National Mortgage Association, Ser. 2022-173, Cl. PQ |  | 5.00 | 6/20/2051 | 426797 | 432475 |
|  |  |  |  |  | **777814** |
| **U.S. Government Agencies Mortgage-Backed — .0%** | **U.S. Government Agencies Mortgage-Backed — .0%** | **U.S. Government Agencies Mortgage-Backed — .0%** | **U.S. Government Agencies Mortgage-Backed — .0%** | **U.S. Government Agencies Mortgage-Backed — .0%** | **U.S. Government Agencies Mortgage-Backed — .0%** |
| Federal Home Loan Mortgage Corp.: | Federal Home Loan Mortgage Corp.: | Federal Home Loan Mortgage Corp.: | Federal Home Loan Mortgage Corp.: | Federal Home Loan Mortgage Corp.: | Federal Home Loan Mortgage Corp.: |
| 2.50%, 7/1/29<sup>(f)</sup> <br>|  |  |  | 34485 | 33817 |

---

**10**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<sup>(a)</sup><br>| Value ($) |
| **Bonds and Notes — 99.5% (continued)** | **Bonds and Notes — 99.5% (continued)** | **Bonds and Notes — 99.5% (continued)** | **Bonds and Notes — 99.5% (continued)** | **Bonds and Notes — 99.5% (continued)** |
| **U.S. Government Agencies Mortgage-Backed — .0% (continued)** | **U.S. Government Agencies Mortgage-Backed — .0% (continued)** | **U.S. Government Agencies Mortgage-Backed — .0% (continued)** | **U.S. Government Agencies Mortgage-Backed — .0% (continued)** | **U.S. Government Agencies Mortgage-Backed — .0% (continued)** |
| Government National Mortgage Association II: | Government National Mortgage Association II: | Government National Mortgage Association II: | Government National Mortgage Association II: | Government National Mortgage Association II: |
| 7.00%, 12/20/2030-4/20/2031 |  |  | 983 | 1033 |
| 7.50%, 11/20/2029-12/20/2030 |  |  | 875 | 906 |
|  |  |  |  | **35756** |
| **U.S. Treasury Securities — 7.2%** | **U.S. Treasury Securities — 7.2%** | **U.S. Treasury Securities — 7.2%** | **U.S. Treasury Securities — 7.2%** | **U.S. Treasury Securities — 7.2%** |
| U.S. Treasury Notes<sup>(d)</sup> <br>| 3.88 | 7/31/2027 | 2800000 | 2812141 |
| U.S. Treasury Notes | 4.00 | 5/31/2030 | 1100000 | 1114480 |
| U.S. Treasury Notes<sup>(d)</sup> <br>| 4.13 | 9/30/2027 | 1825000 | 1842395 |
| U.S. Treasury Notes<sup>(d)</sup> <br>| 4.13 | 10/31/2027 | 100000 | 101012 |
| U.S. Treasury Notes | 4.25 | 1/15/2028 | 500000 | 506826 |
|  |  |  |  | **6376854** |
| **Utilities — 5.0%** | **Utilities — 5.0%** | **Utilities — 5.0%** | **Utilities — 5.0%** | **Utilities — 5.0%** |
| AEP Texas, Inc., Sr. Unscd. Notes | 5.45 | 5/15/2029 | 491000 | 509799 |
| Electricite de France SA, Sr. Unscd. Notes<sup>(b)</sup> <br>| 5.70 | 5/23/2028 | 457000 | 471985 |
| Enel Finance International NV, Gtd. Notes<sup>(b)</sup> <br>| 4.38 | 9/30/2030 | 356000 | 353884 |
| Enel Finance International NV, Gtd. Notes<sup>(b)</sup> <br>| 5.13 | 6/26/2029 | 200000 | 205107 |
| FirstEnergy Corp., Sr. Unscd. Notes, Ser. B | 3.90 | 7/15/2027 | 400000 | 397602 |
| NextEra Energy Capital Holdings, Inc., Gtd. Notes | 4.69 | 9/1/2027 | 241000 | 243668 |
| NiSource, Inc., Sr. Unscd. Notes<sup>(d)</sup> <br>| 5.25 | 3/30/2028 | 230000 | 235837 |
| PG&E Corp., Sr. Scd. Notes<sup>(d)</sup> <br>| 5.25 | 7/1/2030 | 90000 | 89121 |
| Pinnacle West Capital Corp., Sr. Unscd. Notes | 4.90 | 5/15/2028 | 76000 | 77183 |
| Southern California Edison Co., First Mortgage Bonds | 5.25 | 3/15/2030 | 167000 | 170988 |
| System Energy Resources, Inc., First Mortgage Bonds | 6.00 | 4/15/2028 | 500000 | 519413 |
| The AES Corp., Sr. Unscd. Notes<sup>(d)</sup> <br>| 5.45 | 6/1/2028 | 500000 | 508953 |
| Vistra Operations Co. LLC, Gtd. Notes<sup>(b)</sup> <br>| 5.00 | 7/31/2027 | 500000 | 500583 |
| Vistra Operations Co., LLC, Sr. Scd. Notes<sup>(b)</sup> <br>| 4.60 | 10/15/2030 | 115000 | 114331 |
|  |  |  |  | **4398454** |
| &nbsp;&nbsp;&nbsp; **Total Bonds and Notes** <br>(cost $87,310,140)<br>|  |  |  | **87948040** |

---

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

---

| | | | |
|:---|:---|:---|:---|
|  | 1-Day <br>Yield (%)<br>| Shares |  |
| **Investment Companies — .2%** | **Investment Companies — .2%** | **Investment Companies — .2%** | **Investment Companies — .2%** |
| **Registered Investment Companies — .2%** | **Registered Investment Companies — .2%** | **Registered Investment Companies — .2%** | **Registered Investment Companies — .2%** |
| &nbsp;&nbsp;&nbsp; Dreyfus Institutional Preferred Government Plus Money Market Fund, Institutional Shares<sup>(g)</sup> <br>(cost $148,645)<br>| 4.22 | 148645 | **148645** |
| **Investment of Cash Collateral for Securities Loaned — 1.4%** |  |  |  |
| **Registered Investment Companies — 1.4%** |  |  |  |
| &nbsp;&nbsp;&nbsp; Dreyfus Institutional Preferred Government Plus Money Market Fund, Institutional Shares<sup>(g)</sup> <br>(cost $1,294,475)<br>| 4.22 | 1294475 | **1294475** |
| **Total Investments** (cost $88,753,260) | **Total Investments** (cost $88,753,260) | **101.1%** | **89391160** |
| **Liabilities, Less Cash and Receivables** | **Liabilities, Less Cash and Receivables** | **(1.1%)** | **(987192)** |
| **Net Assets**  | **Net Assets**  | **100.0%** | **88403968** |

---

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

---

| |
|:---|
| *BRL—Brazilian Real* |
| *CAD—Canadian Dollar* |
| *EUR—Euro* |
| *REMIC—Real Estate Mortgage Investment Conduit* |
| *SOFR—Secured Overnight Financing Rate* |

---

**11**

------

*SCHEDULE OF INVESTMENTS (Unaudited) (continued)*

*TSFR—Term Secured Overnight Financing Rate Reference Rates*<br>

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

<sup>(a)</sup> *Amount stated in U.S. Dollars unless otherwise noted above.*

<sup>(b)</sup> *Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933. These securities may be resold in transactions exempt from* *registration, normally to qualified institutional buyers. At October 31, 2025, these securities amounted to $47,785,705 or 54.1% of net assets.* 

<sup>(c)</sup> *Variable rate security—Interest rate resets periodically and the rate shown is the interest rate in effect at period end. Security description also includes the* *reference rate and spread if published and available.* 

<sup>(d)</sup> *Security, or portion thereof, on loan. At October 31, 2025, the value of the fund's securities on loan was $9,066,050 and the value of the collateral was* *$9,373,028, consisting of cash collateral of $1,294,475 and U.S. Government & Agency securities valued at $8,078,553. In addition, the value of collateral* *may include pending sales that are also on loan.* 

<sup>(e)</sup> *Security is a perpetual bond with no specified maturity date. Maturity date shown is next reset date of the bond.*

<sup>(f)</sup> *The Federal Housing Finance Agency ("FHFA") placed the Federal Home Loan Mortgage Corporation and Federal National Mortgage Association into* *conservatorship with FHFA as the conservator. As such, the FHFA oversees the continuing affairs of these companies.* 

<sup>(g)</sup> *Investment in affiliated issuer. The investment objective of this investment company is publicly available and can be found within the investment company's* *prospectus.* 

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

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Futures** | **Futures** | **Futures** | **Futures** | **Futures** | **Futures** |
| Description | Number of <br>Contracts<br>| Expiration | Notional <br>Value ($)<br>| Market <br>Value ($)<br>| Unrealized <br>Appreciation <br>(Depreciation) ($)<br>|
| **Futures Long** |  |  |  |  |  |
| 2 Year U.S. Treasury Note | &nbsp;&nbsp; 36 | &nbsp;&nbsp; 12/31/2025 | &nbsp;&nbsp; 7489183 | &nbsp;&nbsp; 7496719 | &nbsp;&nbsp;&nbsp; 7536 |
| 5 Year U.S. Treasury Note | &nbsp;&nbsp; 86 | &nbsp;&nbsp; 12/31/2025 | &nbsp;&nbsp; 9356671 | &nbsp;&nbsp; 9392141 | &nbsp;&nbsp; 35470 |
| **Futures Short** |  |  |  |  |  |
| 10 Year U.S. Treasury Note | &nbsp;&nbsp; 2 | &nbsp;&nbsp; 12/19/2025 | &nbsp;&nbsp;&nbsp; 223137 | &nbsp;&nbsp;&nbsp; 225344 | &nbsp;&nbsp; (2207) |
| Canadian 5 Year Bond | &nbsp;&nbsp; 2 | &nbsp;&nbsp; 12/18/2025 | &nbsp;&nbsp;&nbsp; 162175<sup>(a)</sup> <br>| &nbsp;&nbsp;&nbsp; 164643 | &nbsp;&nbsp; (2468) |
| Euro-Schatz | &nbsp;&nbsp; 3 | &nbsp;&nbsp; 12/8/2025 | &nbsp;&nbsp;&nbsp; 370308<sup>(a)</sup> <br>| &nbsp;&nbsp;&nbsp; 370278 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31 |
| Ultra 10 Year U.S. Treasury Note | &nbsp;&nbsp; 3 | &nbsp;&nbsp; 12/19/2025 | &nbsp;&nbsp;&nbsp; 340401 | &nbsp;&nbsp;&nbsp; 346453 | &nbsp;&nbsp; (6052) |
| **Gross Unrealized Appreciation** | **Gross Unrealized Appreciation** | **Gross Unrealized Appreciation** |  |  | **43037** |
| **Gross Unrealized Depreciation** | **Gross Unrealized Depreciation** | **Gross Unrealized Depreciation** |  |  | **(10727)** |

---

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

<sup>(a)</sup> *Notional amounts in foreign currency have been converted to USD using relevant foreign exchange rates.*

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

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts** | **Forward Foreign Currency Exchange Contracts** | **Forward Foreign Currency Exchange Contracts** | **Forward Foreign Currency Exchange Contracts** | **Forward Foreign Currency Exchange Contracts** | **Forward Foreign Currency Exchange Contracts** |
| Counterparty/ <br>Purchased <br>Currency<br>| Purchased <br>Currency <br>Amounts<br>| &nbsp;&nbsp; Currency <br>Sold<br>| Sold <br>Currency <br>Amounts<br>| Settlement <br>Date<br>| Unrealized <br>Appreciation <br>(Depreciation) ($)<br>|
| **BNP Paribas Corp.** | **BNP Paribas Corp.** | **BNP Paribas Corp.** | **BNP Paribas Corp.** | **BNP Paribas Corp.** | **BNP Paribas Corp.** |
| United States Dollar | &nbsp;&nbsp; 462725 | Canadian Dollar | &nbsp;&nbsp; 643000 | &nbsp;&nbsp; 11/14/2025 | &nbsp;&nbsp; 3947 |
| **HSBC Securities (USA), Inc.** | **HSBC Securities (USA), Inc.** | **HSBC Securities (USA), Inc.** | **HSBC Securities (USA), Inc.** | **HSBC Securities (USA), Inc.** | **HSBC Securities (USA), Inc.** |
| United States Dollar | &nbsp;&nbsp; 424746 | Euro | &nbsp;&nbsp; 361000 | &nbsp;&nbsp; 11/14/2025 | &nbsp;&nbsp; 8295 |
| **Morgan Stanley & Co. LLC** | **Morgan Stanley & Co. LLC** | **Morgan Stanley & Co. LLC** | **Morgan Stanley & Co. LLC** | **Morgan Stanley & Co. LLC** | **Morgan Stanley & Co. LLC** |
| Euro | &nbsp;&nbsp; 38000 | United States Dollar | &nbsp;&nbsp; 44375 | &nbsp;&nbsp; 11/14/2025 | (538) |
| **Gross Unrealized Appreciation** | **Gross Unrealized Appreciation** | **Gross Unrealized Appreciation** | **Gross Unrealized Appreciation** | **Gross Unrealized Appreciation** | **12242** |
| **Gross Unrealized Depreciation** | **Gross Unrealized Depreciation** | **Gross Unrealized Depreciation** | **Gross Unrealized Depreciation** | **Gross Unrealized Depreciation** | **(538)** |

---

*See notes to schedule of investments.*

**12**

------

Schedule of Investments

BNY Mellon Short Term Income Fund

October 31, 2025 (Unaudited)

The following is a summary of the inputs used as of October 31, 2025 in valuing the fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1 -** <br>**Unadjusted** <br>**Quoted Prices**<br>| **Level 2- Other** <br>**Significant** <br>**Observable Inputs**<br>| **Level 3-** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>| **Total** |
| **Assets ($)** |  |  |  |  |
| Investments in Securities:<sup>†</sup> <br>|  |  |  |  |
| Asset-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; 18790217 | &nbsp;&nbsp; — | &nbsp;&nbsp; **18790217** |
| Collateralized Loan Obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 4151135 | &nbsp;&nbsp; — | &nbsp;&nbsp; **4151135** |
| Commercial Mortgage-Backed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 5325348 | &nbsp;&nbsp; — | &nbsp;&nbsp; **5325348** |
| Corporate Bonds and Notes | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; 51705780 | &nbsp;&nbsp; — | &nbsp;&nbsp; **51705780** |
| Foreign Governmental | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 785136 | &nbsp;&nbsp; — | &nbsp;&nbsp; **785136** |
| U.S. Government Agencies Collateralized Mortgage Obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 777814 | &nbsp;&nbsp; — | &nbsp;&nbsp; **777814** |
| U.S. Government Agencies Mortgage-Backed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35756 | &nbsp;&nbsp; — | &nbsp;&nbsp; **35756** |
| U.S. Treasury Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 6376854 | &nbsp;&nbsp; — | &nbsp;&nbsp; **6376854** |
| Investment Companies | &nbsp;&nbsp; 1443120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; **1443120** |
|  | &nbsp;&nbsp; **1443120** | &nbsp;&nbsp; **87948040** | &nbsp;&nbsp; **—** | &nbsp;&nbsp; **89391160** |
| Other Financial Instruments: |  |  |  |  |
| Futures<sup>††</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 43037 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; **43037** |
| Forward Foreign Currency Exchange Contracts<sup>††</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12242 | &nbsp;&nbsp; — | &nbsp;&nbsp; **12242** |
|  | &nbsp;&nbsp; **43037** | &nbsp;&nbsp; **12242** | &nbsp;&nbsp; **—** | &nbsp;&nbsp; **55279** |
| **Liabilities ($)** |  |  |  |  |
| Other Financial Instruments: |  |  |  |  |
| Futures<sup>††</sup> <br>| &nbsp;&nbsp;&nbsp; (10727) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; **(10727)** |
| Forward Foreign Currency Exchange Contracts<sup>††</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (538) | &nbsp;&nbsp; — | **(538)** |
|  | &nbsp;&nbsp; **(10727)** | **(538)** | &nbsp;&nbsp; **—** | &nbsp;&nbsp; **(11265)** |

---

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

---

| | |
|:---|:---|
| <sup>†</sup> <br>| *See Schedule of Investments for additional detailed categorizations, if any.* |
| <sup>††</sup> <br>| *Amount shown represents unrealized appreciation (depreciation) at period end.* |

---

**13**

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The Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") is the exclusive reference of authoritative U.S. generally accepted accounting principles ("GAAP") recognized by the FASB to be applied by nongovernmental entities. Rules and interpretive releases of the Securities and Exchange Commission ("SEC") under authority of federal laws are also sources of authoritative GAAP for SEC registrants. The fund is an investment company and applies the accounting and reporting guidance of the FASB ASC Topic 946 Financial Services-Investment Companies. The fund's financial statements are prepared in accordance with GAAP, which may require the use of management estimates and assumptions. Actual results could differ from those estimates.

The fair value of a financial instrument is the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e., the exit price). GAAP establishes a fair value hierarchy that prioritizes the inputs of valuation techniques used to measure fair value. This hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements).

Additionally, GAAP provides guidance on determining whether the volume and activity in a market has decreased significantly and whether such a decrease in activity results in transactions that are not orderly. GAAP requires enhanced disclosures around valuation inputs and techniques used during annual and interim periods.

Various inputs are used in determining the value of the fund's investments relating to fair value measurements. These inputs are summarized in the three broad levels listed below:

**Level 1**—unadjusted quoted prices in active markets for identical investments.

**Level 2**—other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.).

**Level 3**—significant unobservable inputs (including the fund's own assumptions in determining the fair value of investments).

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. Valuation techniques used to value the fund's investments are as follows:

The Company's Board of Directors (the "Board") has designated the Adviser as the fund's valuation designee to make all fair value determinations with respect to the fund's portfolio investments, subject to the Board's oversight and pursuant to Rule 2a-5 under the Act.

Registered investment companies that are not traded on an exchange are valued at their net asset value and are generally categorized within Level 1 of the fair value hierarchy.

Investments in debt securities, excluding short-term investments (other than U.S. Treasury Bills), forward foreign currency exchange contracts ("forwards contracts") and futures are valued each business day by one or more independent pricing services (each, a "Service"). Investments for which quoted bid prices are readily available and are representative of the bid side of the market in the judgment of a Service are valued at the mean between the quoted bid prices (as obtained by a Service from dealers in such securities) and asked prices (as calculated by a Service based upon its evaluation of the market for such securities). Securities are valued as determined by the Adviser based on values supplied by a Service, based on methods which include consideration of the following: yields or prices of securities of comparable quality, coupon, maturity and type; indications as to values from dealers; and general market conditions. The Services are engaged under the general supervision of the Adviser. These securities are generally categorized within Level 2 of the fair value hierarchy.

Securities not listed on an exchange or the national securities market, or securities for which there were no transactions, are valued at the average of the most recent bid and asked prices. These securities are generally categorized within Level 2 of the fair value hierarchy.

Fair valuing of securities may be determined with the assistance of a pricing service using calculations based on indices of domestic securities and other appropriate indicators, such as prices of relevant American Depositary Receipts and futures. Utilizing these techniques may result in transfers between Level 1 and Level 2 of the fair value hierarchy.

When market quotations or official closing prices are not readily available, or are determined not to accurately reflect fair value, such as when the value of a security has been significantly affected by events after the close of the exchange or market on which the security is principally traded (for example, a foreign exchange or market), but before the fund calculates its net asset value, the fund may value these investments at fair value as determined in accordance with the procedures approved by the Board. Certain factors may be considered

**14**

------

when fair valuing investments such as: fundamental analytical data, the nature and duration of restrictions on disposition, an evaluation of the forces that influence the market in which the securities are purchased and sold, and public trading in similar securities of the issuer or comparable issuers. These securities are either categorized within Level 2 or 3 of the fair value hierarchy depending on the relevant inputs used.

For securities where observable inputs are limited, assumptions about market activity and risk are used and such securities are generally categorized within Level 3 of the fair value hierarchy.

Investments denominated in foreign currencies are translated to U.S. dollars at the prevailing rates of exchange.

Forward contracts are valued at the forward rate and are generally categorized within Level 2 of the fair value hierarchy. Futures, which are traded on an exchange, are valued at the last sales price on the securities exchange on which such securities are primarily traded or at the last sales price on the national securities market on each business day and are generally categorized within Level 1 of the fair value hierarchy.

Pursuant to a securities lending agreement with BNY, the fund may lend securities to qualified institutions. It is the fund's policy that, at origination, all loans are secured by collateral of at least 102% of the value of U.S. securities loaned and 105% of the value of foreign securities loaned. Collateral equivalent to at least 100% of the market value of securities on loan is maintained at all times. Collateral is either in the form of cash, which can be invested in certain money market mutual funds managed by the Adviser, or U.S. Government and Agency securities. The securities on loan, if any, are also disclosed in the fund's Schedule of Investments. The fund is entitled to receive all dividends, interest and distributions on securities loaned, in addition to income earned as a result of the lending transaction. Should a borrower fail to return the securities in a timely manner, BNY is required to replace the securities for the benefit of the fund or credit the fund with the market value of the unreturned securities and is subrogated to the fund's rights against the borrower and the collateral. Additionally, the contractual maturity of security lending transactions are on an overnight and continuous basis.

**Derivatives:** A derivative is a financial instrument whose performance is derived from the performance of another asset. Each type of derivative instrument that was held by the fund at October 31, 2025 is discussed below.

**Futures:** In the normal course of pursuing its investment objective, the fund is exposed to market risk, including interest rate risk, as a result of changes in value of underlying financial instruments. The fund invests in futures in order to manage its exposure to or protect against changes in the market. A futures contract represents a commitment for the future purchase or a sale of an asset at a specified date. Upon entering into such contracts, these investments require initial margin deposits with a counterparty, which consist of cash or cash equivalents. The amount of these deposits is determined by the exchange or Board of Trade on which the contract is traded and is subject to change. Accordingly, variation margin payments are received or made to reflect daily unrealized gains or losses which are recorded in the Statement of Operations. When the contracts are closed, the fund recognizes a realized gain or loss which is reflected in the Statement of Operations. There is minimal counterparty credit risk to the fund with futures since they are exchange traded, and the exchange guarantees the futures against default. Futures open at October 31, 2025 are set forth in the fund's Schedule of Investments.

**Forward Foreign Currency Exchange Contracts**: The fund enters into forward contracts in order to hedge its exposure to changes in foreign currency exchange rates on its foreign portfolio holdings, to settle foreign currency transactions or as a part of its investment strategy. When executing forward contracts, the fund is obligated to buy or sell a foreign currency at a specified rate on a certain date in the future. With respect to sales of forward contracts, the fund incurs a loss if the value of the contract increases between the date the forward contract is opened and the date the forward contract is closed. The fund realizes a gain if the value of the contract decreases between those dates. With respect to purchases of forward contracts, the fund incurs a loss if the value of the contract decreases between the date the forward contract is opened and the date the forward contract is closed. The fund realizes a gain if the value of the contract increases between those dates. Any realized or unrealized gains or losses which occurred during the period are reflected in the Statement of Operations. The fund is exposed to foreign currency risk as a result of changes in value of underlying financial instruments. The fund is also exposed to credit risk associated with counterparty non-performance on these forward contracts, which is generally limited to the unrealized gain on each open contract. This risk may be mitigated by Master Agreements, if any, between the fund and the counterparty and the posting of collateral, if any, by the counterparty to the fund to cover the fund's exposure to the counterparty. Forward contracts open at October 31, 2025 are set forth in the Schedule of Investments.

At October 31, 2025, accumulated net unrealized appreciation on investments inclusive of derivative contracts was $681,914, consisting of $1,182,247 gross unrealized appreciation and $500,333 gross unrealized depreciation.

At October 31, 2025, the cost of investments for federal income tax purposes was substantially the same as the cost for financial reporting purposes (see the Schedule of Investments).

**15**

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Additional investment related disclosures are hereby incorporated by reference to the annual and semi-annual reports previously filed with the SEC on Form N-CSR.

**16**

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** BNY Mellon Investment Funds VII, Inc.

- **b. Investment Company Act file number:** 811-06718

- **c. CIK number of Registrant:** 0000889169

- **d. LEI of Registrant:** 549300WJRB21YW4ZMJ58

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

  - **Street Address 1:** 240 Greenwich Street

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10286

  - **Telephone number:** 212-922-6400

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

- **a. Name of Series:** BNY Mellon Short Term Income Fund

- **b. EDGAR series identifier (if any):** S000000297

- **c. LEI of Series:** 7K6XKV7VU9LIXICI1C26

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

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2025-10-31

**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:** $90760059.29

**Total Liabilities:** $2627709.77

**Net Assets:** $88132349.52

**Delayed Delivery Securities:** $514987.20

**Cash Not Reported:** $219287.76

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 277.60958000 | **1-Year:** 5722.64599000 | **5-Year:** 8210.12634000 | **10-Year:** 1265.86878000 | **30-Year:** 3.82176000

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

- **3-Month:** 178.87244000 | **1-Year:** 1926.18022000 | **5-Year:** 1725.29288000 | **10-Year:** 391.65046000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000000727 | 1.12%                | 0.16%                | 0.31%                |
| Class ID C000236997 | 1.04%                | 0.18%                | 0.33%                |
| Class ID C000236998 | 1.04%                | 0.18%                | 0.43%                |
| Class ID C000236999 | 1.02%                | 0.15%                | 0.40%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $16186.75                | $403632.83                                 |
| Month 2  | $-216727.90              | $59375.58                                  |
| Month 3  | $-261413.75              | $211726.18                                 |

**Designated Index Information**

- **Index Name:** ICE BofA Merrill Lynch 1-5 Year U.S. Corporate/Government Index

- **Index Identifier:** MLBVA0

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MONTREAL EXCHANGE INC.                                            | CAN 5YR BOND                                                                     | CUSIP: 000000000<br>LEI: 549300DKBYNOI0B1NP44 | N/A              | DIR              | CORP              | CA        |        -2 | NC      | $-2467.98     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| NCL CORPORATION LTD                                               | NCL Corp Ltd                                                                     | CUSIP: 62886HBY6<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    219000 | PA      | $219033.20    | 0.25%             | 2031-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PARK INTERMED HOLDINGS                                            | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer | CUSIP: 70052LAD5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    222000 | PA      | $227512.26    | 0.26%             | 2030-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| WYNN MACAU LTD                                                    | Wynn Macau Ltd                                                                   | CUSIP: 98313RAH9<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |    600000 | PA      | $599795.34    | 0.68%             | 2028-08-26      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CLI Funding LLC                                                   | CLI Funding VI LLC                                                               | CUSIP: 12563LAN7<br>LEI: 549300NQLBWJD5AREU05 | Long             | ABS-O            | CORP              | US        |     89985 | PA      | $84631.89     | 0.10%             | 2045-09-18      | Fixed         | 2.08%                 | No            |                  2 | On Loan: No      |
| Aqua Finance Trust                                                | Aqua Finance Issuer Trust 2025-B                                                 | CUSIP: 03837GAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     90943 | PA      | $91513.52     | 0.10%             | 2051-05-17      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| DataBank Issuer LLC                                               | DataBank Issuer                                                                  | CUSIP: 23802WAG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    350000 | PA      | $339916.85    | 0.39%             | 2051-10-25      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| TRP LLC                                                           | TRP 2021 LLC                                                                     | CUSIP: 87267CAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    256449 | PA      | $246335.95    | 0.28%             | 2051-06-19      | Fixed         | 2.07%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                                   | United States Treasury Note/Bond                                                 | CUSIP: 91282CNP2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2800000 | PA      | $2812140.63   | 3.19%             | 2027-07-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| Government National Mortgage A                                    | Ginnie Mae II Pool                                                               | CUSIP: 36202DMS7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       782 | PA      | $826.19       | 0.00%             | 2031-04-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| AES CORP/THE                                                      | AES Corp/The                                                                     | CUSIP: 00130HCH6<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |    500000 | PA      | $508953.31    | 0.58%             | 2028-06-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: —       |
| DataBank Issuer II, LLC                                           | DataBank Issuer II LLC                                                           | CUSIP: 23802YAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    271000 | PA      | $271593.16    | 0.31%             | 2055-09-27      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| SFS Auto Receivables Securitiz                                    | SFS Auto Receivables Securitization Trust 2024-1                                 | CUSIP: 78435VAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     65747 | PA      | $66124.40     | 0.08%             | 2029-05-21      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                                             | Caesars Entertainment Inc                                                        | CUSIP: 12769GAA8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    235000 | PA      | $221242.56    | 0.25%             | 2029-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: —       |
| Taco Bell Funding, LLC                                            | Taco Bell Funding LLC                                                            | CUSIP: 87342RAK0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    128337 | PA      | $128006.83    | 0.15%             | 2055-08-25      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                           | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GC77<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    420000 | PA      | $424606.74    | 0.48%             | 2028-04-23      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivabl                                    | Santander Drive Auto Receivables Trust 2024-1                                    | CUSIP: 80288AAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     67000 | PA      | $67253.81     | 0.08%             | 2028-12-15      | Fixed         | 5.23%                 | No            |                  2 | On Loan: No      |
| OSCAR US Funding Trust                                            | Oscar US Funding XIII LLC                                                        | CUSIP: 68785BAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | JP        |    162000 | PA      | $160955.05    | 0.18%             | 2028-09-11      | Fixed         | 1.27%                 | No            |                  2 | On Loan: No      |
| DREYFUS INSTITUTIONAL PREFERRED GOVERNMENT PLUS MONEY MARKET FUND | DREYFUS INSTITUTIONAL PREFERRED GOVERNMENT PLUS MONEY MARKET FUND                | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   1294481 | NS      | $1294480.71   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLIANZ SE                                                        | Allianz SE                                                                       | CUSIP: 018820AB6<br>LEI: 529900K9B0N5BT694847 | Long             | DBT              | CORP              | DE        |    400000 | PA      | $378139.64    | 0.43%             | N/A             | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| PAYCHEX INC                                                       | Paychex Inc                                                                      | CUSIP: 704326AA5<br>LEI: 529900K900DW6SUBM174 | Long             | DBT              | CORP              | US        |    112000 | PA      | $115192.87    | 0.13%             | 2030-04-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Flexential Issuer, LLC                                            | Flexential Issuer 2021-1                                                         | CUSIP: 33938MAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    305000 | PA      | $303514.04    | 0.34%             | 2051-11-27      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Compass Datacenters Issuer II,                                    | Compass Datacenters Issuer II LLC                                                | CUSIP: 20469CAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $101641.16    | 0.12%             | 2050-05-25      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan                                     | New Residential Mortgage Loan Trust 2024-NQM3                                    | CUSIP: 647910AC2<br>LEI: 213800HBIGZVLLQA9I67 | Long             | ABS-MBS          | CORP              | US        |     97597 | PA      | $98569.86     | 0.11%             | 2064-11-25      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| World Omni Auto Receivables Tr                                    | World Omni Auto Receivables Trust 2023-A                                         | CUSIP: 98164JAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     42878 | PA      | $42974.23     | 0.05%             | 2028-05-15      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| Bank5                                                             | BANK5 2024-5YR12                                                                 | CUSIP: 06644XBB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    428000 | PA      | $443483.93    | 0.50%             | 2057-12-15      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                                           | Dryden 108 CLO Ltd                                                               | CUSIP: 26253MAL4<br>LEI: 5493004WJFSUXXJ5FA29 | Long             | ABS-CBDO         | CORP              | JE        |    197368 | PA      | $197380.66    | 0.22%             | 2037-07-18      | Floating      | 5.03%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                                          | JP Morgan Mortgage Trust Series 2024-CES1                                        | CUSIP: 46658CAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    227459 | PA      | $228823.14    | 0.26%             | 2054-06-25      | Variable      | 6.02%                 | No            |                  2 | On Loan: No      |
| CF Hippolyta Issuer LLC                                           | CF Hippolyta Issuer LLC                                                          | CUSIP: 12530MAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    257361 | PA      | $215225.86    | 0.24%             | 2061-03-15      | Fixed         | 1.53%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                                            | Extra Space Storage LP                                                           | CUSIP: 30225VAJ6<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |    380000 | PA      | $392474.55    | 0.45%             | 2028-04-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| CUBESMART LP                                                      | CubeSmart LP                                                                     | CUSIP: 22966RAH9<br>LEI: 549300MPHKO3I3FJRA97 | Long             | DBT              | CORP              | US        |    230000 | PA      | $217020.29    | 0.25%             | 2028-12-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                            | General Motors Financial Co Inc                                                  | CUSIP: 37045XFE1<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    436000 | PA      | $443505.64    | 0.50%             | 2028-04-04      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| PFP III                                                           | PFP 2025-12 Ltd                                                                  | CUSIP: 69382JAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $251288.85    | 0.29%             | 2042-12-18      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                       | Freddie Mac Pool                                                                 | CUSIP: 3132A7XW6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     34485 | PA      | $33817.17     | 0.04%             | 2029-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| LHOME Mortgage Trust                                              | LHOME Mortgage Trust 2025-RTL3                                                   | CUSIP: 50205YAA1<br>LEI: 529900XB146PHFHY2T23 | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $100153.24    | 0.11%             | 2040-08-25      | Variable      | 5.24%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd                                          | Neuberger Berman Loan Advisers CLO 41 Ltd                                        | CUSIP: 64134BAJ9<br>LEI: 549300RYH1PYRU661D66 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $249972.25    | 0.28%             | 2034-04-15      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| RIN Ltd                                                           | RIN IV Ltd                                                                       | CUSIP: 76679AAJ6<br>LEI: 254900JSRA1L5KTTDV39 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250589.25    | 0.28%             | 2038-10-20      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| AMSR Trust                                                        | AMSR 2023-SFR2 Trust                                                             | CUSIP: 00178YAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    555000 | PA      | $548724.73    | 0.62%             | 2040-06-17      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                  | Paramount Global                                                                 | CUSIP: 92556HAE7<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    550000 | PA      | $543559.94    | 0.62%             | 2062-03-30      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                                    | Ginnie Mae II Pool                                                               | CUSIP: 36202DGD7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       102 | PA      | $105.20       | 0.00%             | 2030-03-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                | Energy Transfer LP                                                               | CUSIP: 226373AQ1<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    675000 | PA      | $675127.88    | 0.77%             | 2027-05-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                                                      | US Foods Inc                                                                     | CUSIP: 90290MAG6<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |    419000 | PA      | $432650.18    | 0.49%             | 2028-09-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| AutoNation Finance Trust 2025-                                    | AutoNation Finance Trust 2025-1                                                  | CUSIP: 05330QAF9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     96000 | PA      | $97725.20     | 0.11%             | 2030-12-10      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| REPSOL E&P CAP MARKETS                                            | Repsol E&P Capital Markets US LLC                                                | CUSIP: 76026AAB3<br>LEI: 894500D0J12FRZ3Q0M15 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200817.28    | 0.23%             | 2030-09-16      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                                                | META PLATFORMS INC                                                               | CUSIP: 30303MAB8<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    315000 | PA      | $314742.97    | 0.36%             | 2030-11-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Stack Infrastructure Issuer LL                                    | Stack Infrastructure Issuer LLC                                                  | CUSIP: 85236KAP7<br>LEI: 254900AV7V87H3A2WM57 | Long             | ABS-O            | CORP              | US        |    175000 | PA      | $174728.31    | 0.20%             | 2050-05-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VALERO ENERGY CORP                                                | Valero Energy Corp                                                               | CUSIP: 91913YBF6<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |    178000 | PA      | $183161.29    | 0.21%             | 2030-02-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| AGCO CORP                                                         | AGCO Corp                                                                        | CUSIP: 001084AR3<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | DBT              | CORP              | US        |    272000 | PA      | $275857.31    | 0.31%             | 2027-03-21      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Octane Receivables Trust                                          | Octane Receivables Trust 2024-3                                                  | CUSIP: 67571GAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     75848 | PA      | $76215.69     | 0.09%             | 2030-05-20      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| Citizens Auto Receivables Trus                                    | Citizens Auto Receivables Trust 2024-1                                           | CUSIP: 17331QAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     88635 | PA      | $89090.36     | 0.10%             | 2028-04-17      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| Wingspire Equipment Finance LL                                    | Wingspire Equipment Finance 2024-1 LLC                                           | CUSIP: 97415AAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    126384 | PA      | $127031.92    | 0.14%             | 2032-09-20      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| Foundation Finance Trust                                          | Foundation Finance Trust 2021-2                                                  | CUSIP: 35042PAA8<br>LEI: 54930021B3TF4B4HKE86 | Long             | ABS-O            | CORP              | US        |     68273 | PA      | $65101.78     | 0.07%             | 2042-01-15      | Fixed         | 2.19%                 | No            |                  2 | On Loan: No      |
| PARKLAND CORP                                                     | Parkland Corp                                                                    | CUSIP: 70137TAP0<br>LEI: 549300UY5C6HUV0XLS53 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $250411.58    | 0.28%             | 2027-07-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Textainer Marine Containers Li                                    | Textainer Marine Containers VII Ltd                                              | CUSIP: 88315LAG3<br>LEI: 549300X48KLHDDGPK024 | Long             | ABS-O            | CORP              | BM        |    291548 | PA      | $274998.15    | 0.31%             | 2045-09-20      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                                                         | Sunoco LP                                                                        | CUSIP: 86765KAF6<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |     79000 | PA      | $79100.33     | 0.09%             | 2031-03-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| D.R. HORTON INC                                                   | DR Horton Inc                                                                    | CUSIP: 23331ABT5<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | DBT              | CORP              | US        |    427000 | PA      | $435402.99    | 0.49%             | 2030-10-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: —       |
| AVANTOR FUNDING INC                                               | Avantor Funding Inc                                                              | CUSIP: 05352TAA7<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |    310000 | PA      | $305223.68    | 0.35%             | 2028-07-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| AXIS Equipment Finance Receiva                                    | Amur Equipment Finance Receivables XI LLC                                        | CUSIP: 03236XAB3<br>LEI: 549300IFG1NMINYRYF89 | Long             | ABS-O            | CORP              | US        |     12896 | PA      | $12926.20     | 0.01%             | 2028-06-21      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| KB HOME                                                           | KB Home                                                                          | CUSIP: 48666KAX7<br>LEI: 549300LGUCWQURMWLG09 | Long             | DBT              | CORP              | US        |    450000 | PA      | $459466.20    | 0.52%             | 2027-06-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                 | State Street Corp                                                                | CUSIP: 857477CH4<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    236000 | PA      | $246256.80    | 0.28%             | N/A             | Fixed         | 6.70%                 | No            |                  2 | On Loan: —       |
| Synchrony Card Issuance Trust                                     | Synchrony Card Funding LLC                                                       | CUSIP: 87166PAK7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     47000 | PA      | $47468.17     | 0.05%             | 2029-07-15      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| M&T Bank Auto Receivables Trus                                    | M&T Bank Auto Receivables Trust 2024-1                                           | CUSIP: 55286TAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    287000 | PA      | $290152.29    | 0.33%             | 2032-02-17      | Fixed         | 5.22%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables                                     | Exeter Automobile Receivables Trust 2025-1                                       | CUSIP: 30167MAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    436000 | PA      | $439899.93    | 0.50%             | 2031-05-15      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| AIRCASTLE / IRELAND DAC                                           | Aircastle Ltd / Aircastle Ireland DAC                                            | CUSIP: 00929JAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    158000 | PA      | $159256.96    | 0.18%             | 2030-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Trinity Rail Leasing L.P.                                         | Trinity Rail Leasing 2020 LLC                                                    | CUSIP: 89656YAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     79889 | PA      | $77546.60     | 0.09%             | 2050-11-19      | Fixed         | 1.83%                 | No            |                  2 | On Loan: No      |
| Magnetite CLO Ltd                                                 | Magnetite XIX Ltd                                                                | CUSIP: 55954KAW5<br>LEI: 5493000OP4ZUZOOM1U45 | Long             | ABS-CBDO         | CORP              | KY        |    325000 | PA      | $324411.10    | 0.37%             | 2034-04-17      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                    | Morgan Stanley                                                                   | CUSIP: 61761JZN2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    310000 | PA      | $309380.58    | 0.35%             | 2027-04-23      | Fixed         | 3.95%                 | No            |                  2 | On Loan: —       |
| BXHPP Trust                                                       | BXHPP Trust 2021-FILM                                                            | CUSIP: 05609JAJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    450000 | PA      | $424246.68    | 0.48%             | 2036-08-15      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| COUSINS PROPERTIES LP                                             | Cousins Properties LP                                                            | CUSIP: 222793AC5<br>LEI: 254900ZQIHJ5FQH4C329 | Long             | DBT              | CORP              | US        |    165000 | PA      | $168686.77    | 0.19%             | 2030-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                                 | Kinder Morgan Inc                                                                | CUSIP: 49456BBB6<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |     77000 | PA      | $79422.12     | 0.09%             | 2030-06-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                     | TransDigm Inc                                                                    | CUSIP: 893647BR7<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    352000 | PA      | $359383.90    | 0.41%             | 2028-08-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Blue Owl Asset Leasing Trust                                      | Blue Owl Asset Leasing Trust 2024-1 LLC                                          | CUSIP: 095921AB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     51922 | PA      | $52119.20     | 0.06%             | 2029-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| MetroNet Infrastructure Issuer                                    | MetroNet Infrastructure Issuer LLC                                               | CUSIP: 59170JAX6<br>LEI: 5493000BIROCAEATAQ61 | Long             | ABS-O            | CORP              | US        |     61472 | PA      | $62291.18     | 0.07%             | 2055-08-20      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| TAYLOR MORRISON COMM                                              | Taylor Morrison Communities Inc                                                  | CUSIP: 87724RAA0<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |    300000 | PA      | $303213.90    | 0.34%             | 2027-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                              | Las Vegas Sands Corp                                                             | CUSIP: 517834AJ6<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    486000 | PA      | $495323.82    | 0.56%             | 2027-06-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                         | Boeing Co/The                                                                    | CUSIP: 097023DG7<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    786000 | PA      | $781832.66    | 0.89%             | 2026-02-04      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                         | ONEOK Inc                                                                        | CUSIP: 682680CB7<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    491000 | PA      | $491709.92    | 0.56%             | 2027-09-24      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MEDCO CYPRESS TREE PTE                                            | Medco Cypress Tree Pte Ltd                                                       | CUSIP: 58406VAA7<br>LEI: 254900NKZ2Y3YZK4WC46 | Long             | DBT              | CORP              | SG        |    250000 | PA      | $265196.19    | 0.30%             | 2030-05-19      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT                                             | American Homes 4 Rent LP                                                         | CUSIP: 02666TAK3<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              | CORP              | US        |    340000 | PA      | $346542.81    | 0.39%             | 2030-06-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Octane Receivables Trust                                          | Octane Receivables Trust 2023-1                                                  | CUSIP: 67571BAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    300000 | PA      | $301779.18    | 0.34%             | 2029-07-20      | Fixed         | 5.96%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                                                  | COLT 2025-8 Mortgage Loan Trust                                                  | CUSIP: 19689DAC3<br>LEI: 2138009IZ4NQZAKAEN75 | Long             | ABS-MBS          | CORP              | US        |    210296 | PA      | $211898.09    | 0.24%             | 2070-08-25      | Variable      | 5.89%                 | No            |                  2 | On Loan: No      |
| Symphony CLO Ltd                                                  | Symphony CLO XV Ltd                                                              | CUSIP: 87154EBG4<br>LEI: 549300JNP1PJXORD0Y06 | Long             | ABS-CBDO         | CORP              | KY        |    550000 | PA      | $551647.25    | 0.63%             | 2032-01-17      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| Concord Music Royalties, LLC                                      | Concord Music Royalties LLC                                                      | CUSIP: 20633KAJ7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    110000 | PA      | $110898.61    | 0.13%             | 2075-07-20      | Fixed         | 5.51%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                                          | Vistra Operations Co LLC                                                         | CUSIP: 92840VAF9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    500000 | PA      | $500583.00    | 0.57%             | 2027-07-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Rec                                    | American Credit Acceptance Receivables Trust 2024-4                              | CUSIP: 024945AE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    316000 | PA      | $317029.75    | 0.36%             | 2031-08-12      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| PenFed Auto Receivables Owner                                     | PenFed Auto Receivables Owner Trust 2025-A                                       | CUSIP: 706916AF0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     46000 | PA      | $45869.57     | 0.05%             | 2032-02-17      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| KITE REALTY GROUP LP                                              | Kite Realty Group LP                                                             | CUSIP: 49803XAA1<br>LEI: 549300X6R2GYI8Y3OD81 | Long             | DBT              | CORP              | US        |    427000 | PA      | $425992.92    | 0.48%             | 2026-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| Greensky Home Improvement Issu                                    | GreenSky Home Improvement Trust 2024-1                                           | CUSIP: 39571MAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    128031 | PA      | $131149.04    | 0.15%             | 2059-06-25      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| SABRA HEALTH CARE LP                                              | Sabra Health Care LP                                                             | CUSIP: 78574MAA1<br>LEI: 549300OVKLRFSIQG0H81 | Long             | DBT              | CORP              | US        |     95000 | PA      | $86306.76     | 0.10%             | 2031-12-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Hilton Grand Vacations Trust                                      | Hilton Grand Vacations Trust 2022-2                                              | CUSIP: 43283GAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     33801 | PA      | $33656.33     | 0.04%             | 2037-01-25      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| AIRCASTLE / IRELAND DAC                                           | Aircastle Ltd / Aircastle Ireland DAC                                            | CUSIP: 00929JAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    430000 | PA      | $439141.83    | 0.50%             | 2030-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COPT DEFENSE PROP LP                                              | COPT Defense Properties LP                                                       | CUSIP: 22003BAL0<br>LEI: H0TWO5VRNEP6CQAWPX27 | Long             | DBT              | CORP              | US        |    369000 | PA      | $365362.78    | 0.41%             | 2026-03-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| ITHACA ENERGY NORTH                                               | Ithaca Energy North Sea PLC                                                      | CUSIP: 46567TAC8<br>LEI: 213800BMMUN3AKWBIO91 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $420381.60    | 0.48%             | 2029-10-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: —       |
| VISTRA OPERATIONS CO LLC                                          | Vistra Operations Co LLC                                                         | CUSIP: 92840VAV4<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    115000 | PA      | $114331.21    | 0.13%             | 2030-10-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE GLOB FUNDING                                           | Corebridge Global Funding                                                        | CUSIP: 00138CBC1<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |    485000 | PA      | $495711.21    | 0.56%             | 2029-12-03      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Hudson Yards                                                      | Hudson Yards 2025-SPRL Mortgage Trust                                            | CUSIP: 44855PAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $103508.04    | 0.12%             | 2040-01-13      | Variable      | 5.95%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                                          | Celanese US Holdings LLC                                                         | CUSIP: 15089QAM6<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    213000 | PA      | $218786.57    | 0.25%             | 2027-07-15      | Variable      | 6.67%                 | No            |                  2 | On Loan: No      |
| AXALTA COAT/DUTCH HLD BV                                          | Axalta Coating Systems LLC / Axalta Coating Systems Dutch Holding B BV           | CUSIP: 05454NAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    350000 | PA      | $349389.36    | 0.40%             | 2027-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Regional Management Issuance T                                    | Regional Management Issuance Trust 2024-1                                        | CUSIP: 758983AA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $101959.72    | 0.12%             | 2036-07-15      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| OneMain Financial Issuance Tru                                    | OneMain Financial Issuance Trust 2020-2                                          | CUSIP: 682696AA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    312281 | PA      | $306764.23    | 0.35%             | 2035-09-14      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                                   | United States Treasury Note/Bond                                                 | CUSIP: 91282CFU0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    100000 | PA      | $101011.72    | 0.11%             | 2027-10-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: —       |
| World Omni Auto Receivables Tr                                    | World Omni Auto Receivables Trust 2024-C                                         | CUSIP: 98164NAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    130000 | PA      | $130650.77    | 0.15%             | 2029-12-17      | Fixed         | 4.43%                 | No            |                  2 | On Loan: No      |
| VORNADO REALTY LP                                                 | Vornado Realty LP                                                                | CUSIP: 929043AK3<br>LEI: 549300BMOJ05INE4YK86 | Long             | DBT              | CORP              | US        |    180000 | PA      | $176796.09    | 0.20%             | 2026-06-01      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| SYSTEM ENERGY RESOURCES                                           | System Energy Resources Inc                                                      | CUSIP: 871911AU7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $519412.70    | 0.59%             | 2028-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP                                           | Asbury Automotive Group Inc                                                      | CUSIP: 043436AW4<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |    535000 | PA      | $520108.86    | 0.59%             | 2029-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Bain Capital Credit CLO, Limit                                    | Bain Capital Credit CLO 2020-3 Ltd                                               | CUSIP: 05684CAW5<br>LEI: 2549002RK7W6TK0Q0E16 | Long             | ABS-CBDO         | CORP              | KY        |    350000 | PA      | $350898.80    | 0.40%             | 2034-10-23      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                             | Wells Fargo & Co                                                                 | CUSIP: 949746TD3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    300000 | PA      | $298213.41    | 0.34%             | N/A             | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| GM Financial Consumer Automobi                                    | GM Financial Consumer Automobile Receivables Trust 2022-1                        | CUSIP: 380146AF7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    170000 | PA      | $168875.99    | 0.19%             | 2028-04-17      | Fixed         | 1.94%                 | No            |                  2 | On Loan: No      |
| TRUIST BANK                                                       | Truist Bank                                                                      | CUSIP: 07330MAC1<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |    450000 | PA      | $451658.86    | 0.51%             | 2029-09-17      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                                          | OBX 2023-NQM2 Trust                                                              | CUSIP: 670843AA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    280654 | PA      | $281036.07    | 0.32%             | 2062-01-25      | Variable      | 6.32%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                    | Morgan Stanley                                                                   | CUSIP: 61747YFA8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    462000 | PA      | $471624.79    | 0.54%             | 2029-02-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                       | US 10YR ULTRA                                                                    | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        -3 | NC      | $-6052.20     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| BMW US CAPITAL LLC                                                | BMW US Capital LLC                                                               | CUSIP: 05565EDC6<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |    202000 | PA      | $202867.78    | 0.23%             | 2030-08-11      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DOW CHEMICAL CO/THE                                               | Dow Chemical Co/The                                                              | CUSIP: 260543DN0<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |    437000 | PA      | $435659.12    | 0.49%             | 2031-01-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Regional Management Issuance T                                    | Regional Management Issuance Trust 2024-2                                        | CUSIP: 75907AAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $100728.34    | 0.11%             | 2033-12-15      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| WILLIAMS SCOTSMAN INC                                             | Williams Scotsman Inc                                                            | CUSIP: 96949VAM5<br>LEI: 549300DAKDS8SCO1OT57 | Long             | DBT              | CORP              | US        |    192000 | PA      | $197836.03    | 0.22%             | 2029-06-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| TK ELEVATOR US NEWCO INC                                          | TK Elevator US Newco Inc                                                         | CUSIP: 92537RAA7<br>LEI: 549300C2AFWPAYWS5574 | Long             | DBT              | CORP              | US        |    400000 | PA      | $399830.92    | 0.45%             | 2027-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| Angel Oak Mortgage Trust                                          | Angel Oak Mortgage Trust 2024-3                                                  | CUSIP: 03466HAB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     41172 | PA      | $40913.04     | 0.05%             | 2068-11-26      | Variable      | 4.80%                 | No            |                  2 | On Loan: No      |
| Arbor Realty Collateralized Lo                                    | Arbor Realty Commercial Real Estate Notes 2021-FL4 Ltd                           | CUSIP: 03880RAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    186739 | PA      | $187073.94    | 0.21%             | 2036-11-15      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| STELLANTIS FINANCIAL SER                                          | Stellantis Financial Services US Corp                                            | CUSIP: 85855FAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $200886.21    | 0.23%             | 2028-09-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                                    | Bombardier Inc                                                                   | CUSIP: 097751BX8<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    225000 | PA      | $225693.45    | 0.26%             | 2028-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Dominos Pizza Master Issuer LL                                    | Domino's Pizza Master Issuer LLC                                                 | CUSIP: 25755TAN0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    277162 | PA      | $263579.13    | 0.30%             | 2051-04-25      | Fixed         | 2.66%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY CORP                                                  | FirstEnergy Corp                                                                 | CUSIP: 337932AH0<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |    400000 | PA      | $397602.34    | 0.45%             | 2027-07-15      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                          | Ford Motor Credit Co LLC                                                         | CUSIP: 345397ZW6<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    500000 | PA      | $499066.09    | 0.57%             | 2026-08-01      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| Auxilior Term Funding LLC                                         | Auxilior Term Funding 2023-1 LLC                                                 | CUSIP: 05335JAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     26790 | PA      | $26966.00     | 0.03%             | 2028-12-15      | Fixed         | 6.18%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                                              | Colombia Government International Bond                                           | CUSIP: 195325ER2<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    206000 | PA      | $221007.10    | 0.25%             | 2030-04-25      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Cross Mortgage Trust                                              | Cross 2024-H3 Mortgage Trust                                                     | CUSIP: 22758DAB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    116927 | PA      | $118368.36    | 0.13%             | 2069-06-25      | Variable      | 6.58%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                                    | Carvana Auto Receivables Trust 2021-P1                                           | CUSIP: 14687BAJ5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     91969 | PA      | $91766.69     | 0.10%             | 2027-01-11      | Fixed         | 1.19%                 | No            |                  2 | On Loan: No      |
| GE HEALTHCARE TECH INC                                            | GE HealthCare Technologies Inc                                                   | CUSIP: 36266GAA5<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |    113000 | PA      | $115327.32    | 0.13%             | 2029-08-14      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                                            | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC            | CUSIP: 01309QAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    263000 | PA      | $265407.55    | 0.30%             | 2031-03-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SBA TOWER TRUST                                                   | SBA Tower Trust                                                                  | CUSIP: 78403DAP5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    275000 | PA      | $273531.45    | 0.31%             | 2026-01-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| CyrusOne Data Centers Issuer I                                    | CyrusOne Data Centers Issuer I LLC                                               | CUSIP: 23284BAJ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     65000 | PA      | $66372.26     | 0.08%             | 2050-02-20      | Fixed         | 5.91%                 | No            |                  2 | On Loan: No      |
| BOF URSA FUNDING                                                  | Bayview Opportunity Master Fund VII Trust 2024-SN1                               | CUSIP: 072926AE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     59000 | PA      | $59602.56     | 0.07%             | 2028-12-15      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| CITGO PETROLEUM CORP                                              | CITGO Petroleum Corp                                                             | CUSIP: 17302XAN6<br>LEI: YX52P86PXMLYDOTUQ225 | Long             | DBT              | CORP              | US        |    209000 | PA      | $217860.97    | 0.25%             | 2029-01-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                                        | Verus Securitization Trust 2024-9                                                | CUSIP: 92540RAC8<br>LEI: 213800LFRCPWSTP6LX39 | Long             | ABS-MBS          | CORP              | US        |     86803 | PA      | $87328.71     | 0.10%             | 2069-11-25      | Variable      | 5.44%                 | No            |                  2 | On Loan: No      |
| Cross Mortgage Trust                                              | Cross 2024-H2 Mortgage Trust                                                     | CUSIP: 22757BAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     32612 | PA      | $32893.98     | 0.04%             | 2069-04-25      | Variable      | 6.52%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                       | BNP Paribas SA                                                                   | CUSIP: 05581LAC3<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    325000 | PA      | $325292.99    | 0.37%             | 2027-03-13      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| SM ENERGY CO                                                      | SM Energy Co                                                                     | CUSIP: 78454LAX8<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    341000 | PA      | $340543.50    | 0.39%             | 2029-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Vantage Data Centers LLC                                          | Vantage Data Centers LLC                                                         | CUSIP: 92212KAH9<br>LEI: 5493000RL8X7WTQ7HO20 | Long             | ABS-O            | CORP              | US        |     30000 | PA      | $30228.07     | 0.03%             | 2055-08-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                                    | Ginnie Mae II Pool                                                               | CUSIP: 36202DKY6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |        29 | PA      | $29.98        | 0.00%             | 2030-12-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Fortress Credit Opportunities                                     | Fortress Credit Opportunities XXXI CLO Ltd                                       | CUSIP: 34990GAA3<br>LEI: 25490034R237Z9DZDO05 | Long             | ABS-CBDO         | CORP              | KY        |    224993 | PA      | $225409.36    | 0.26%             | 2033-07-20      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTL NV                                              | Enel Finance International NV                                                    | CUSIP: 29278GBG2<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |    356000 | PA      | $353883.93    | 0.40%             | 2030-09-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivabl                                    | Santander Drive Auto Receivables Trust 2025-2                                    | CUSIP: 80287NAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    224000 | PA      | $226145.67    | 0.26%             | 2031-05-15      | Fixed         | 5.06%                 | No            |                  2 | On Loan: No      |
| Ally Auto Receivables Trust                                       | Ally Auto Receivables Trust 2024-1                                               | CUSIP: 02008FAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    144370 | PA      | $145214.19    | 0.16%             | 2028-12-15      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                                    | Carvana Auto Receivables Trust 2021-N1                                           | CUSIP: 14687DAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     84438 | PA      | $82988.27     | 0.09%             | 2028-01-10      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - SLST                                                | Seasoned Loans Structured Transaction Series 2018-2                              | CUSIP: 35564CAN7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     43408 | PA      | $42641.94     | 0.05%             | 2028-11-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Cross Mortgage Trust                                              | Cross 2024-H2 Mortgage Trust                                                     | CUSIP: 22757BAB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     32612 | PA      | $32903.06     | 0.04%             | 2069-04-25      | Variable      | 6.42%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET CAR/FINANCE                                           | Avis Budget Car Rental LLC / Avis Budget Finance Inc                             | CUSIP: 053773BC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    260000 | PA      | $259277.12    | 0.29%             | 2027-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Ballyrock Ltd                                                     | Ballyrock CLO 2020-2 Ltd                                                         | CUSIP: 05875DAJ1<br>LEI: 254900Y6C4AXEAZ9T124 | Long             | ABS-CBDO         | CORP              | KY        |    140513 | PA      | $140580.96    | 0.16%             | 2031-10-20      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| Greensky Home Improvement Issu                                    | GreenSky Home Improvement Issuer Trust 2024-2                                    | CUSIP: 39571XAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     50096 | PA      | $50893.61     | 0.06%             | 2059-10-27      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES INC                                               | Delta Air Lines Inc                                                              | CUSIP: 247361A24<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |    352000 | PA      | $356911.24    | 0.40%             | 2028-07-10      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| LITHIA MOTORS INC                                                 | Lithia Motors Inc                                                                | CUSIP: 536797AJ2<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |    282000 | PA      | $282696.54    | 0.32%             | 2030-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivabl                                    | Santander Drive Auto Receivables Trust 2025-1                                    | CUSIP: 80288DAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    265000 | PA      | $268245.93    | 0.30%             | 2031-03-17      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION                                          | Hess Midstream Operations LP                                                     | CUSIP: 428102AG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     66000 | PA      | $68439.56     | 0.08%             | 2029-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivabl                                    | Santander Drive Auto Receivables Trust 2022-5                                    | CUSIP: 80287HAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    120384 | PA      | $120468.63    | 0.14%             | 2028-10-16      | Fixed         | 4.74%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                     | Citigroup Inc                                                                    | CUSIP: 17308CC53<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    455000 | PA      | $431579.28    | 0.49%             | 2030-11-05      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| PRP Advisors, LLC                                                 | PRPM 2025-RPL4 LLC                                                               | CUSIP: 74448NAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     95439 | PA      | $90590.72     | 0.10%             | 2055-05-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                                                  | COLT 2025-3 Mortgage Loan Trust                                                  | CUSIP: 12674LAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     87589 | PA      | $87996.72     | 0.10%             | 2070-03-25      | Variable      | 5.35%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                          | Ford Motor Credit Co LLC                                                         | CUSIP: 345397G72<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    230000 | PA      | $235031.97    | 0.27%             | 2028-03-20      | Fixed         | 5.92%                 | No            |                  2 | On Loan: No      |
| GLOBAL PART/GLP FINANCE                                           | Global Partners LP / GLP Finance Corp                                            | CUSIP: 37954FAJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    664000 | PA      | $672558.30    | 0.76%             | 2029-01-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| AVIANCA MIDCO 2 PLC                                               | Avianca Midco 2 PLC                                                              | CUSIP: 05369YAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    400000 | PA      | $397242.00    | 0.45%             | 2030-02-14      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| ROLLS-ROYCE PLC                                                   | Rolls-Royce PLC                                                                  | CUSIP: 77578JAC2<br>LEI: X57JK1U580XATGR67572 | Long             | DBT              | CORP              | GB        |    470000 | PA      | $482423.00    | 0.55%             | 2027-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC                                    | Enterprise Fleet Financing 2022-3 LLC                                            | CUSIP: 29374FAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      7838 | PA      | $7839.58      | 0.01%             | 2029-07-20      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| VENTAS REALTY LP                                                  | Ventas Realty LP                                                                 | CUSIP: 92277GAN7<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |    430000 | PA      | $431183.16    | 0.49%             | 2029-01-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trus                                    | BRAVO Residential Funding Trust Series 2025-NQM8                                 | CUSIP: 10571JAA4<br>LEI: 254900Z6C8GAQR4M4U49 | Long             | ABS-MBS          | CORP              | US        |     54236 | PA      | $54303.74     | 0.06%             | 2065-06-25      | Variable      | 5.08%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan                                     | New Residential Mortgage Loan Trust 2022-NQM1                                    | CUSIP: 64830JAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    394709 | PA      | $353708.03    | 0.40%             | 2061-04-25      | Variable      | 2.28%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                                          | Discovery Communications LLC                                                     | CUSIP: 25470DBS7<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |    271000 | PA      | $265719.64    | 0.30%             | 2028-03-20      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| RYDER SYSTEM INC                                                  | Ryder System Inc                                                                 | CUSIP: 78355HLF4<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |    338000 | PA      | $344999.99    | 0.39%             | 2030-06-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                        | Fannie Mae REMICS                                                                | CUSIP: 3136ACSD4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     15425 | PA      | $15243.87     | 0.02%             | 2033-03-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| STORE CAPITAL LLC                                                 | Store Capital LLC                                                                | CUSIP: 862123AA4<br>LEI: 254900Z9PIEFQ6AYXK50 | Long             | DBT              | CORP              | US        |    210000 | PA      | $214287.59    | 0.24%             | 2030-04-30      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                                    | Ginnie Mae II Pool                                                               | CUSIP: 36202DEL1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |        56 | PA      | $58.76        | 0.00%             | 2029-11-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Verizon Master Trust                                              | Verizon Master Trust                                                             | CUSIP: 92348KCP6<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |    386000 | PA      | $386472.54    | 0.44%             | 2028-12-20      | Fixed         | 5.49%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                                 | Iron Mountain Inc                                                                | CUSIP: 46284VAF8<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |    225000 | PA      | $222224.47    | 0.25%             | 2029-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Aligned Data Centers Issuer LL                                    | Aligned Data Centers Issuer LLC                                                  | CUSIP: 01627AAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $195344.84    | 0.22%             | 2046-08-15      | Fixed         | 1.94%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables                                     | Exeter Automobile Receivables Trust 2024-3                                       | CUSIP: 30165AAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     81000 | PA      | $81865.91     | 0.09%             | 2029-07-16      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| AMCOR FLEXIBLES NORTH AM                                          | Amcor Flexibles North America Inc                                                | CUSIP: 02344AAG3<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | DBT              | CORP              | US        |    299000 | PA      | $306940.20    | 0.35%             | 2030-03-17      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                           | HCA Inc                                                                          | CUSIP: 404119DD8<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199071.25    | 0.23%             | 2030-11-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                                    | Ginnie Mae II Pool                                                               | CUSIP: 36202DKX8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       201 | PA      | $206.42       | 0.00%             | 2030-12-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Zayo Issuer LLC                                                   | Zayo Issuer LLC                                                                  | CUSIP: 98919WAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    297854 | PA      | $306115.22    | 0.35%             | 2055-06-20      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| MVW 2020-1 LLC                                                    | MVW 2020-1 LLC                                                                   | CUSIP: 55400EAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     31912 | PA      | $31254.11     | 0.04%             | 2037-10-20      | Fixed         | 1.74%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                                    | Carvana Auto Receivables Trust 2022-P3                                           | CUSIP: 14686MAF0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    238000 | PA      | $242004.14    | 0.27%             | 2028-11-10      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                                                | VICI Properties LP                                                               | CUSIP: 925650AJ2<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |     78000 | PA      | $78781.64     | 0.09%             | 2028-04-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                | Energy Transfer LP                                                               | CUSIP: 29273VAP5<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    453000 | PA      | $465973.88    | 0.53%             | 2028-02-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| SOUTH BOW USA INFRA HLDS                                          | South Bow USA Infrastructure Holdings LLC                                        | CUSIP: 83007CAB8<br>LEI: 254900Z1WAY7QFQ7O850 | Long             | DBT              | CORP              | US        |    176000 | PA      | $177347.84    | 0.20%             | 2027-09-01      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                                   | United States Treasury Note/Bond                                                 | CUSIP: 91282CFM8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1825000 | PA      | $1842394.53   | 2.09%             | 2027-09-30      | Fixed         | 4.12%                 | No            |                  2 | On Loan: —       |
| Evergreen Credit Card Trust                                       | Evergreen Credit Card Trust                                                      | CUSIP: 30023JCX4<br>LEI: 5493002G9KVV6J3CNU15 | Long             | ABS-O            | CORP              | CA        |    100000 | PA      | $101149.76    | 0.11%             | 2029-05-15      | Fixed         | 5.24%                 | No            |                  2 | On Loan: No      |
| Cross Mortgage Trust                                              | Cross 2025-H2 Mortgage Trust                                                     | CUSIP: 22758PAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    103050 | PA      | $103364.64    | 0.12%             | 2070-03-25      | Variable      | 5.46%                 | No            |                  2 | On Loan: No      |
| EPR PROPERTIES                                                    | EPR Properties                                                                   | CUSIP: 26884UAC3<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              | CORP              | US        |    430000 | PA      | $431705.19    | 0.49%             | 2026-12-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Natixis Commercial Mortgage Se                                    | Natixis Commercial Mortgage Securities Trust 2020-2PAC                           | CUSIP: 63875DAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    131449 | PA      | $126899.26    | 0.14%             | 2038-12-15      | Fixed         | 2.97%                 | No            |                  2 | On Loan: No      |
| INEOS QUATTRO FINANCE 2                                           | INEOS Quattro Finance 2 Plc                                                      | CUSIP: 45674GAB0<br>LEI: 213800V48W4Y5MT5Q131 | Long             | DBT              | CORP              | GB        |    215000 | PA      | $201764.60    | 0.23%             | 2029-03-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                      | Enbridge Inc                                                                     | CUSIP: 29250NBX2<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    400000 | PA      | $420683.75    | 0.48%             | 2028-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| M&T BANK CORPORATION                                              | M&T Bank Corp                                                                    | CUSIP: 55261FAY0<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |    174000 | PA      | $177826.60    | 0.20%             | 2031-07-08      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| MILLICOM INTL CELLULAR                                            | Millicom International Cellular SA                                               | CUSIP: 600814AN7<br>LEI: 549300CTHC1CP86P2G96 | Long             | DBT              | CORP              | LU        |    495000 | PA      | $492997.77    | 0.56%             | 2028-01-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| BRIGHTSTAR LOTTERY PLC                                            | Brightstar Lottery PLC                                                           | CUSIP: 460599AE3<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |    440000 | PA      | $439172.71    | 0.50%             | 2029-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WPC EUROBOND BV                                                   | WPC Eurobond BV                                                                  | CUSIP: 000000000<br>LEI: 5493005XDMOLBARL5M14 | Long             | DBT              | CORP              | NL        |    300000 | PA      | $334654.99    | 0.38%             | 2028-04-15      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| Vantage Data Centers LLC                                          | Vantage Data Centers LLC                                                         | CUSIP: 92212KAC0<br>LEI: 5493000RL8X7WTQ7HO20 | Long             | ABS-O            | CORP              | US        |    414000 | PA      | $393783.22    | 0.45%             | 2045-09-15      | Fixed         | 1.99%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                          | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MBJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    450000 | PA      | $460437.49    | 0.52%             | 2029-01-19      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| AZULE ENERGY FINANCE PLC                                          | Azule Energy Finance Plc                                                         | CUSIP: 05501YAA6<br>LEI: 2138006X6O82RJSQDB63 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $201191.86    | 0.23%             | 2030-01-23      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                                   | United States Treasury Note/Bond                                                 | CUSIP: 91282CMF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    500000 | PA      | $506826.17    | 0.58%             | 2028-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                                          | OBX 2024-NQM18 Trust                                                             | CUSIP: 673913AA7<br>LEI: 254900NK9PNLY9I00149 | Long             | ABS-MBS          | CORP              | US        |     79097 | PA      | $79460.83     | 0.09%             | 2064-10-25      | Variable      | 5.41%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trus                                    | BRAVO Residential Funding Trust 2023-NQM5                                        | CUSIP: 10569UAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     90214 | PA      | $90904.86     | 0.10%             | 2063-06-25      | Variable      | 6.86%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                     | Citigroup Inc                                                                    | CUSIP: 172967MU2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    363000 | PA      | $362780.68    | 0.41%             | N/A             | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LIGHT & WONDER INTL INC                                           | Light & Wonder International Inc                                                 | CUSIP: 80874YBE9<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |    300000 | PA      | $307970.70    | 0.35%             | 2029-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| Avis Budget Rental Car Funding                                    | Avis Budget Rental Car Funding AESOP LLC                                         | CUSIP: 05377RKN3<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $101760.66    | 0.12%             | 2029-08-20      | Fixed         | 5.87%                 | No            |                  2 | On Loan: No      |
| COLUMBIA PIPELINE HOLDCO                                          | Columbia Pipelines Holding Co LLC                                                | CUSIP: 19828AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $505761.41    | 0.57%             | 2026-08-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| CANPACK SA/CANPACK US                                             | Canpack SA / Canpack US LLC                                                      | CUSIP: 13806CAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    250000 | PA      | $237667.00    | 0.27%             | 2029-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortga                                    | MF1 2022-FL8 Ltd                                                                 | CUSIP: 55284JAC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    375000 | PA      | $374161.52    | 0.42%             | 2037-02-19      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMER PIPELINE                                          | Plains All American Pipeline LP / PAA Finance Corp                               | CUSIP: 72650RBR2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     53000 | PA      | $53129.17     | 0.06%             | 2031-01-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| CyrusOne Data Centers Issuer I                                    | CyrusOne Data Centers Issuer I LLC                                               | CUSIP: 23284BAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     87222 | PA      | $86122.16     | 0.10%             | 2048-04-20      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables                                     | Exeter Automobile Receivables Trust 2024-5                                       | CUSIP: 30165BAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     41013 | PA      | $41023.84     | 0.05%             | 2028-03-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                       | Freddie Mac REMICS                                                               | CUSIP: 3137ATEW8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      7523 | PA      | $7493.16      | 0.01%             | 2040-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| STORE CAPITAL LLC                                                 | Store Capital LLC                                                                | CUSIP: 862121AB6<br>LEI: 254900Z9PIEFQ6AYXK50 | Long             | DBT              | CORP              | US        |    220000 | PA      | $218851.73    | 0.25%             | 2029-03-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                                          | Univision Communications Inc                                                     | CUSIP: 914906AY8<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    258000 | PA      | $265782.31    | 0.30%             | 2028-08-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| GoldenTree Loan Management US                                     | Goldentree Loan Management US Clo 14 Ltd                                         | CUSIP: 38136RAQ0<br>LEI: 549300QXPI5JCSVZ9W25 | Long             | ABS-CBDO         | CORP              | JE        |    125000 | PA      | $125036.63    | 0.14%             | 2037-07-20      | Floating      | 4.78%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                                                  | COLT 2023-3 Mortgage Loan Trust                                                  | CUSIP: 19688RAB5<br>LEI: 213800MIPEZY1A8W1N28 | Long             | ABS-MBS          | CORP              | US        |     84603 | PA      | $85637.92     | 0.10%             | 2068-09-25      | Variable      | 7.43%                 | No            |                  2 | On Loan: No      |
| Octane Receivables Trust                                          | Octane Receivables Trust 2023-3                                                  | CUSIP: 67571CAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     60876 | PA      | $61249.53     | 0.07%             | 2029-03-20      | Fixed         | 6.44%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON BANCSHARES                                             | Huntington Bancshares Inc/OH                                                     | CUSIP: 446150BE3<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |    276000 | PA      | $284202.97    | 0.32%             | 2031-01-15      | Fixed         | 5.27%                 | No            |                  2 | On Loan: No      |
| SMYRNA READY MIX CONCRET                                          | Smyrna Ready Mix Concrete LLC                                                    | CUSIP: 85236FAA1<br>LEI: 549300S7RFWHQFOIOY93 | Long             | DBT              | CORP              | US        |    300000 | PA      | $299239.44    | 0.34%             | 2028-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Ford Auto Securitization Trust                                    | Ford Auto Securitization Trust II Series 2022-A Asset-Backed Notes               | CUSIP: 345214AE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | CA        |    626000 | PA      | $455497.52    | 0.52%             | 2028-09-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                                              | Glencore Funding LLC                                                             | CUSIP: 378272BZ0<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    187000 | PA      | $192552.65    | 0.22%             | 2030-04-01      | Fixed         | 5.19%                 | No            |                  2 | On Loan: —       |
| DB Master Finance LLC                                             | DB Master Finance LLC                                                            | CUSIP: 233046AN1<br>LEI: 549300F17UZJL70BPB08 | Long             | ABS-O            | CORP              | US        |     96250 | PA      | $93795.69     | 0.11%             | 2051-11-20      | Fixed         | 2.04%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                                            | Match Group Holdings II LLC                                                      | CUSIP: 57667JAC6<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |    262000 | PA      | $264011.11    | 0.30%             | 2033-09-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                       | US 2YR NOTE (CBT)                                                                | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        36 | NC      | $7535.45      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA TOWER TRUST                                                   | SBA Tower Trust                                                                  | CUSIP: 78403DAV2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $479985.75    | 0.54%             | 2027-04-15      | Fixed         | 1.84%                 | No            |                  2 | On Loan: No      |
| NY Commercial Mortgage Trust                                      | NY Commercial Mortgage Trust 2025-299P                                           | CUSIP: 62957FAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $105256.14    | 0.12%             | 2047-02-10      | Variable      | 5.66%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                                          | OBX 2025-NQM18 Trust                                                             | CUSIP: 673918AA6<br>LEI: 254900JLM1WC0WGYCA96 | Long             | ABS-MBS          | CORP              | US        |    169702 | PA      | $169911.32    | 0.19%             | 2065-09-25      | Variable      | 5.06%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                            | General Motors Financial Co Inc                                                  | CUSIP: 37045XCG9<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    400000 | PA      | $396282.26    | 0.45%             | 2028-01-05      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                                   | United States Treasury Note/Bond                                                 | CUSIP: 91282CNG2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1100000 | PA      | $1114480.47   | 1.26%             | 2030-05-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage                                     | Citigroup Commercial Mortgage Trust 2014-GC25                                    | CUSIP: 17322YAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    101364 | PA      | $97787.27     | 0.11%             | 2047-10-10      | Variable      | 4.34%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                                         | Block Inc                                                                        | CUSIP: 852234AT0<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    213000 | PA      | $216351.34    | 0.25%             | 2030-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS                                          | Cheniere Energy Partners LP                                                      | CUSIP: 16411QAG6<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |    215000 | PA      | $215125.14    | 0.24%             | 2029-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                            | Venture Global LNG Inc                                                           | CUSIP: 92332YAA9<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    410000 | PA      | $422607.50    | 0.48%             | 2028-06-01      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                                                 | Herc Holdings Inc                                                                | CUSIP: 42704LAE4<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    415000 | PA      | $428936.12    | 0.49%             | 2029-06-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Affirm Inc                                                        | Affirm Asset Securitization Trust 2024-A                                         | CUSIP: 00834BAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    330000 | PA      | $331114.08    | 0.38%             | 2029-02-15      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| U.S. Bank National Association                                    | US Bank NA                                                                       | CUSIP: 90357PAV6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     64160 | PA      | $64864.96     | 0.07%             | 2032-08-25      | Fixed         | 6.79%                 | No            |                  2 | On Loan: No      |
| SCF Equipment Trust Llc                                           | SCF Equipment Trust 2016-1 LLC                                                   | CUSIP: 78437DAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $102361.78    | 0.12%             | 2033-11-21      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| New Economy Assets Phase 1 Iss                                    | New Economy Assets - Phase 1 Sponsor LLC                                         | CUSIP: 643821AA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    135000 | PA      | $114327.50    | 0.13%             | 2061-10-20      | Fixed         | 1.91%                 | No            |                  2 | On Loan: No      |
| ELECTRICITE DE FRANCE SA                                          | Electricite de France SA                                                         | CUSIP: 28504DAB9<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |    457000 | PA      | $471984.78    | 0.54%             | 2028-05-23      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                                           | Romanian Government International Bond                                           | CUSIP: 77586RAN0<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    350000 | PA      | $355334.54    | 0.40%             | 2027-11-25      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHART INDUSTRIES INC                                              | Chart Industries Inc                                                             | CUSIP: 16115QAF7<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |    300000 | PA      | $313245.30    | 0.36%             | 2030-01-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| MACQUARIE AIRFINANCE HLD                                          | Macquarie Airfinance Holdings Ltd                                                | CUSIP: 55609NAF5<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |    188000 | PA      | $191133.35    | 0.22%             | 2028-03-27      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities                                     | GS Mortgage-Backed Securities Trust 2024-HE1                                     | CUSIP: 36270AAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    237754 | PA      | $238607.92    | 0.27%             | 2054-08-25      | Floating      | 5.78%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC                                               | Sirius XM Radio LLC                                                              | CUSIP: 82967NBA5<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    500000 | PA      | $499192.10    | 0.57%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                         | ONEOK Inc                                                                        | CUSIP: 682680BJ1<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    422000 | PA      | $437755.15    | 0.50%             | 2028-11-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Vantage Data Centers LLC                                          | Vantage Data Centers Issuer LLC                                                  | CUSIP: 92212KAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $243794.18    | 0.28%             | 2046-10-15      | Fixed         | 2.17%                 | No            |                  2 | On Loan: No      |
| PenFed Auto Receivables Owner                                     | PenFed Auto Receivables Owner Trust 2022-A                                       | CUSIP: 706874AF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1001037.40   | 1.14%             | 2028-12-15      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| Capital One Prime Auto Receiva                                    | Capital One Prime Auto Receivables Trust 2022-2                                  | CUSIP: 14043GAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     64355 | PA      | $64289.17     | 0.07%             | 2027-05-17      | Fixed         | 3.66%                 | No            |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING                                            | Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC      | CUSIP: 03969YAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    500000 | PA      | $501604.00    | 0.57%             | 2027-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - SCRT                                                | Freddie Mac Seasoned Credit Risk Transfer Trust Series 2020-3                    | CUSIP: 35563PSU4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     65385 | PA      | $61068.78     | 0.07%             | 2060-05-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| TENNECO INC                                                       | Tenneco Inc                                                                      | CUSIP: 880349AU9<br>LEI: 549300U0EXXFAQFAD785 | Long             | DBT              | CORP              | US        |    220000 | PA      | $219570.27    | 0.25%             | 2028-11-17      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| KINETIK HOLDINGS LP                                               | Kinetik Holdings LP                                                              | CUSIP: 49461MAB6<br>LEI: 549300RD6AJIMYC0HY12 | Long             | DBT              | CORP              | US        |    285000 | PA      | $292903.91    | 0.33%             | 2028-12-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                                         | Towd Point Mortgage Trust 2023-1                                                 | CUSIP: 89181JAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     74703 | PA      | $72624.36     | 0.08%             | 2063-01-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Verizon Master Trust                                              | Verizon Master Trust                                                             | CUSIP: 92348KDU4<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |    146000 | PA      | $148098.60    | 0.17%             | 2031-01-21      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| Cross Mortgage Trust                                              | Cross 2025-H2 Mortgage Trust                                                     | CUSIP: 22758PAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     88836 | PA      | $89179.91     | 0.10%             | 2070-03-25      | Variable      | 5.36%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                                    | Carvana Auto Receivables Trust 2020-P1                                           | CUSIP: 14687AAR9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    228638 | PA      | $227985.37    | 0.26%             | 2026-11-09      | Fixed         | 1.32%                 | No            |                  2 | On Loan: No      |
| Dell Equipment Finance Trust                                      | Dell Equipment Finance Trust 2023-1                                              | CUSIP: 24702HAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     48675 | PA      | $48710.22     | 0.06%             | 2028-09-22      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                       | Oracle Corp                                                                      | CUSIP: 68389XDH5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    328000 | PA      | $325367.42    | 0.37%             | 2030-09-26      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| SNF GROUP SACA                                                    | SNF Group SACA                                                                   | CUSIP: 7846ELAD9<br>LEI: 969500F7036FEDYPRV54 | Long             | DBT              | CORP              | FR        |    250000 | PA      | $244207.13    | 0.28%             | 2027-03-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| DataBank Issuer LLC                                               | DataBank Issuer                                                                  | CUSIP: 23802WAL5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    270000 | PA      | $269774.47    | 0.31%             | 2053-02-25      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Tesla Electric Vehicle Trust                                      | Tesla Electric Vehicle Trust 2023-1                                              | CUSIP: 881943AD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     87000 | PA      | $87669.05     | 0.10%             | 2028-06-20      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                            | Philip Morris International Inc                                                  | CUSIP: 718172DY2<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    446000 | PA      | $439528.72    | 0.50%             | 2030-10-29      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                           | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153BJ0<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    645000 | PA      | $646942.53    | 0.73%             | 2026-08-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP                                          | Citizens Financial Group Inc                                                     | CUSIP: 174610BF1<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |    213000 | PA      | $221494.41    | 0.25%             | 2030-01-23      | Fixed         | 5.84%                 | No            |                  2 | On Loan: —       |
| Merchants Fleet Funding LLC                                       | Merchants Fleet Funding LLC                                                      | CUSIP: 588926AJ4<br>LEI: 254900Z2OOQUA5IN2X83 | Long             | ABS-O            | CORP              | US        |    150000 | PA      | $152053.64    | 0.17%             | 2037-04-20      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| New York Mortgage Trust                                           | NYMT Loan Trust Series 2024-BPL2                                                 | CUSIP: 67120TAA8<br>LEI: 254900HCG7N4R7AWFZ60 | Long             | ABS-MBS          | CORP              | US        |    235000 | PA      | $237226.63    | 0.27%             | 2039-05-25      | Variable      | 6.51%                 | No            |                  2 | On Loan: No      |
| Chesapeake Funding II LLC                                         | Chesapeake Funding II LLC                                                        | CUSIP: 165183CZ5<br>LEI: 5493000HT7H4OFOD6Z12 | Long             | ABS-O            | CORP              | US        |     40562 | PA      | $41095.25     | 0.05%             | 2035-10-15      | Fixed         | 6.16%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                                     | Carnival Corp                                                                    | CUSIP: 143658CB6<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    441000 | PA      | $446727.57    | 0.51%             | 2029-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA                                          | Volkswagen Group of America Finance LLC                                          | CUSIP: 928668CX8<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201469.88    | 0.23%             | 2030-09-11      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| AmeriCredit Automobile Receiva                                    | AmeriCredit Automobile Receivables Trust 2022-2                                  | CUSIP: 03065WAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    140835 | PA      | $140955.36    | 0.16%             | 2028-04-18      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| AIR CANADA                                                        | Air Canada                                                                       | CUSIP: 008911BK4<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | DBT              | CORP              | CA        |    528000 | PA      | $524277.12    | 0.59%             | 2026-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Imperial Fund LLC                                                 | Imperial Fund Mortgage Trust 2023-NQM1                                           | CUSIP: 45290BAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    293295 | PA      | $293569.41    | 0.33%             | 2068-02-25      | Variable      | 7.16%                 | No            |                  2 | On Loan: No      |
| VIPER ENERGY PARTNERS LL                                          | Viper Energy Partners LLC                                                        | CUSIP: 92764MAA2<br>LEI: 54930010ZZ02MRGRI973 | Long             | DBT              | CORP              | US        |    428000 | PA      | $432055.30    | 0.49%             | 2030-08-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTL NV                                              | Enel Finance International NV                                                    | CUSIP: 29278GBD9<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $205106.93    | 0.23%             | 2029-06-26      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding                                    | Avis Budget Rental Car Funding AESOP LLC                                         | CUSIP: 05377RGU2<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    385000 | PA      | $389889.38    | 0.44%             | 2028-02-22      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| Securitized Term Auto Receivab                                    | Securitized Term Auto Receivables Trust                                          | CUSIP: 81378RAC8<br>LEI: 254900DVX7EZK9JMUP63 | Long             | ABS-O            | CORP              | CA        |    149602 | PA      | $150727.28    | 0.17%             | 2031-07-25      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| Toorak Mortgage Corp.                                             | Toorak Mortgage Trust 2025-RRTL1                                                 | CUSIP: 89053JAB3<br>LEI: 25490023B58UP9CM5N96 | Long             | ABS-MBS          | CORP              | US        |    140071 | PA      | $140948.14    | 0.16%             | 2040-02-25      | Variable      | 5.52%                 | No            |                  2 | On Loan: No      |
| CVR ENERGY INC                                                    | CVR Energy Inc                                                                   | CUSIP: 12662PAD0<br>LEI: 529900SOYZIXZBTXB558 | Long             | DBT              | CORP              | US        |    500000 | PA      | $495190.45    | 0.56%             | 2028-02-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                              | Bank of America Corp                                                             | CUSIP: 06051GGC7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    450000 | PA      | $450331.84    | 0.51%             | 2027-11-25      | Fixed         | 4.18%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                       | Freddie Mac REMICS                                                               | CUSIP: 3137F7T21<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    235095 | PA      | $218891.38    | 0.25%             | 2039-07-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust/F                                    | Ford Credit Auto Owner Trust 2021-REV1                                           | CUSIP: 345340AC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    202000 | PA      | $199415.73    | 0.23%             | 2033-10-17      | Fixed         | 1.91%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust                                    | Hyundai Auto Receivables Trust 2022-C                                            | CUSIP: 44933DAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    333000 | PA      | $336302.06    | 0.38%             | 2028-10-16      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                                    | Carvana Auto Receivables Trust 2025-P3                                           | CUSIP: 14688AAF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    108000 | PA      | $107197.99    | 0.12%             | 2032-01-12      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                     | Boeing Co/The                                                                    | CUSIP: 097023DQ5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    576000 | PA      | $611234.52    | 0.69%             | 2029-05-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| OSCAR US Funding Trust                                            | Oscar US Funding XVI LLC                                                         | CUSIP: 68784GAC7<br>LEI: 3538004TGTV49T7RNL88 | Long             | ABS-O            | CORP              | JP        |    143000 | PA      | $144036.55    | 0.16%             | 2028-02-10      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables                                     | Exeter Automobile Receivables Trust 2025-4                                       | CUSIP: 30167KAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    114000 | PA      | $113582.99    | 0.13%             | 2031-06-16      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                       | US 10YR NOTE (CBT)                                                               | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        -2 | NC      | $-2206.68     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| MF1 Multifamily Housing Mortga                                    | MF1 2021-FL7 Ltd                                                                 | CUSIP: 55284AAC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $500236.55    | 0.57%             | 2036-10-16      | Floating      | 5.59%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                          | Occidental Petroleum Corp                                                        | CUSIP: 674599EC5<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    300000 | PA      | $314362.80    | 0.36%             | 2028-09-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Woodward Capital Management                                       | RCKT Mortgage Trust 2024-CES2                                                    | CUSIP: 74938PAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    182111 | PA      | $184031.22    | 0.21%             | 2044-04-25      | Variable      | 6.29%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                                    | Carvana Auto Receivables Trust 2021-P4                                           | CUSIP: 14687KAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    125000 | PA      | $121931.50    | 0.14%             | 2028-02-10      | Fixed         | 1.98%                 | No            |                  2 | On Loan: No      |
| Affirm Master Trust                                               | Affirm Master Trust                                                              | CUSIP: 00833BAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $200281.36    | 0.23%             | 2033-02-15      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| Fortress Credit Opportunities                                     | Fortress Credit Opportunities XXXV CLO Ltd                                       | CUSIP: 34966YAA4<br>LEI: 254900MPTCO8UJSR7X39 | Long             | ABS-CBDO         | CORP              | KY        |    150000 | PA      | $150061.05    | 0.17%             | 2033-07-20      | Floating      | 5.73%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C                                          | Outfront Media Capital LLC / Outfront Media Capital Corp                         | CUSIP: 69007TAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $398676.28    | 0.45%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BSREP Commercial Mortgage Trus                                    | BSREP Commercial Mortgage Trust 2021-DC                                          | CUSIP: 05591UAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    426060 | PA      | $364334.62    | 0.41%             | 2038-08-15      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| ALUMINA PTY LTD                                                   | Alumina Pty Ltd                                                                  | CUSIP: 02220AAA5<br>LEI: 2138002VD9MW2WT8HR38 | Long             | DBT              | CORP              | AU        |    215000 | PA      | $220576.46    | 0.25%             | 2030-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CLI Funding LLC                                                   | CLI Funding VI LLC                                                               | CUSIP: 12563LAS6<br>LEI: 549300NQLBWJD5AREU05 | Long             | ABS-O            | CORP              | US        |    147983 | PA      | $139507.10    | 0.16%             | 2045-10-18      | Fixed         | 2.07%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                                        | USD/EUR FORWARD                                                                  | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $8294.46      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                            | NextEra Energy Capital Holdings Inc                                              | CUSIP: 65339KCL2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    241000 | PA      | $243668.28    | 0.28%             | 2027-09-01      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| Toyota Auto Receivables Owner                                     | Toyota Auto Receivables 2022-D Owner Trust                                       | CUSIP: 89239HAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    217540 | PA      | $218539.24    | 0.25%             | 2027-09-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| New York Mortgage Trust                                           | NYMT Loan Trust 2025-CP1                                                         | CUSIP: 67121VAA2<br>LEI: 254900JF85A0S614L988 | Long             | ABS-MBS          | CORP              | US        |     96814 | PA      | $93087.30     | 0.11%             | 2069-11-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                             | Wells Fargo & Co                                                                 | CUSIP: 95000U3T8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    418000 | PA      | $425673.79    | 0.48%             | 2029-04-23      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| AEP TEXAS INC                                                     | AEP Texas Inc                                                                    | CUSIP: 00108WAS9<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |    491000 | PA      | $509799.17    | 0.58%             | 2029-05-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| OneMain Direct Auto Receivable                                    | OneMain Direct Auto Receivables Trust 2019-1                                     | CUSIP: 68267EAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    400000 | PA      | $398950.68    | 0.45%             | 2028-11-14      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                          | Ford Motor Credit Co LLC                                                         | CUSIP: 345397D83<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    275000 | PA      | $278162.53    | 0.32%             | 2027-03-05      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| AMERICAN INTERNATIONAL                                            | American International Group Inc                                                 | CUSIP: 026874DW4<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35819.98     | 0.04%             | 2030-05-07      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| WE SODA INV HOLDING PLC                                           | WE Soda Investments Holding PLC                                                  | CUSIP: 92943TAA1<br>LEI: 984500SE38C07DB47A90 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $251098.13    | 0.28%             | 2028-10-06      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| HUNGARY                                                           | Hungary Government International Bond                                            | CUSIP: 445545AR7<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |    200000 | PA      | $208622.65    | 0.24%             | 2028-05-22      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                                          | USD/EUR FORWARD                                                                  | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-537.91      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                               | Southern California Edison Co                                                    | CUSIP: 842400JJ3<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    167000 | PA      | $170987.77    | 0.19%             | 2030-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DataBank Issuer LLC                                               | DataBank Issuer                                                                  | CUSIP: 23802WAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    300000 | PA      | $297249.48    | 0.34%             | 2051-02-27      | Fixed         | 2.06%                 | No            |                  2 | On Loan: No      |
| Tricon American Homes                                             | Tricon American Homes 2019-SFR1 Trust                                            | CUSIP: 89612LAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    319253 | PA      | $317074.20    | 0.36%             | 2038-03-17      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| SUNRISE HOLDCO IV BV                                              | Sunrise HoldCo IV BV                                                             | CUSIP: 90320LAG2<br>LEI: 213800G1DU7LKI6ZCD69 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $199264.04    | 0.23%             | 2028-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                                    | Ginnie Mae II Pool                                                               | CUSIP: 36202DHK0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       688 | PA      | $711.95       | 0.00%             | 2030-06-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| DREYFUS INSTITUTIONAL PREFERRE                                    | DREYFUS INSTITUTIONAL PREFERRED GOVERNMENT PLUS MONEY MARKET FUND                | CUSIP: 000000000<br>LEI: 549300RBWL04JG8SIX57 | Long             | STIV             | RF                | US        |    148645 | NS      | $148645.16    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Ford Credit Auto Owner Trust                                      | Ford Credit Auto Owner Trust 2022-C                                              | CUSIP: 34535AAG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    325000 | PA      | $326584.38    | 0.37%             | 2030-03-15      | Fixed         | 5.22%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivable                                    | Westlake Automobile Receivables Trust 2025-2                                     | CUSIP: 96041KAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    114000 | PA      | $114336.64    | 0.13%             | 2031-05-15      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC                                    | Enterprise Fleet Financing 2025-2 LLC                                            | CUSIP: 29375TAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     73000 | PA      | $73591.27     | 0.08%             | 2029-06-20      | Fixed         | 4.41%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                                                      | NiSource Inc                                                                     | CUSIP: 65473PAN5<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    230000 | PA      | $235836.68    | 0.27%             | 2028-03-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| BNP PARIBAS SECURITIES CORP.                                      | CAD/USD FORWARD                                                                  | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |         1 | NC      | $3947.14      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SFS Auto Receivables Securitiz                                    | SFS Auto Receivables Securitization Trust 2023-1                                 | CUSIP: 78398AAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    132845 | PA      | $133719.47    | 0.15%             | 2028-10-20      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                            | Williams Cos Inc/The                                                             | CUSIP: 96949LAD7<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    275000 | PA      | $273418.27    | 0.31%             | 2027-06-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| GOODYEAR TIRE & RUBBER                                            | Goodyear Tire & Rubber Co/The                                                    | CUSIP: 382550BS9<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |    430000 | PA      | $427491.64    | 0.49%             | 2030-07-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: —       |
| SANTANDER HOLDINGS USA                                            | Santander Holdings USA Inc                                                       | CUSIP: 80282KBF2<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |    339000 | PA      | $352838.83    | 0.40%             | 2029-03-09      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                                    | Carvana Auto Receivables Trust 2021-N2                                           | CUSIP: 14686KAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     39545 | PA      | $38557.71     | 0.04%             | 2028-03-10      | Fixed         | 1.07%                 | No            |                  2 | On Loan: No      |
| PG&E CORP                                                         | PG&E Corp                                                                        | CUSIP: 69331CAJ7<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |     90000 | PA      | $89120.72     | 0.10%             | 2030-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| Triumph Rail LLC                                                  | Triumph Rail Holdings LLC                                                        | CUSIP: 89683LAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    254949 | PA      | $244315.23    | 0.28%             | 2051-06-19      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| Textainer Marine Containers Li                                    | Textainer Marine Containers VII Ltd                                              | CUSIP: 88315LAL2<br>LEI: 549300X48KLHDDGPK024 | Long             | ABS-O            | CORP              | BM        |    219333 | PA      | $205017.82    | 0.23%             | 2046-02-20      | Fixed         | 1.68%                 | No            |                  2 | On Loan: No      |
| DailyPay Securitization Trust                                     | DailyPay Securitization Trust 2025-1                                             | CUSIP: 233824AA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $100586.20    | 0.11%             | 2028-06-26      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| General Motors                                                    | GMF Floorplan Owner Revolving Trust                                              | CUSIP: 361886DM3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $201330.02    | 0.23%             | 2028-11-15      | Fixed         | 4.92%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                       | US 5YR NOTE (CBT)                                                                | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        86 | NC      | $35469.84     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| MPLX LP                                                           | MPLX LP                                                                          | CUSIP: 55336VCA6<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |     87000 | PA      | $87760.41     | 0.10%             | 2031-02-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| PINNACLE WEST CAPITAL                                             | Pinnacle West Capital Corp                                                       | CUSIP: 723484AM3<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | DBT              | CORP              | US        |     76000 | PA      | $77183.02     | 0.09%             | 2028-05-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN INC                                                 | Brown & Brown Inc                                                                | CUSIP: 115236AK7<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |     92000 | PA      | $93303.87     | 0.11%             | 2030-06-23      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| REXFORD INDUSTRIAL REALT                                          | Rexford Industrial Realty LP                                                     | CUSIP: 76169XAB0<br>LEI: 549300028US163ELJN70 | Long             | DBT              | CORP              | US        |    500000 | PA      | $436720.41    | 0.50%             | 2031-09-01      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan                                     | NEW Residential Mortgage Loan Trust 2025-Nqm2                                    | CUSIP: 64831XAC2<br>LEI: 2138006ZAYPD4ZHQYX81 | Long             | ABS-MBS          | CORP              | US        |    220079 | PA      | $222238.23    | 0.25%             | 2065-04-25      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                                           | Dryden 41 Senior Loan Fund                                                       | CUSIP: 26244KAN6<br>LEI: 5493000CMI5L15ZSNM78 | Long             | ABS-CBDO         | CORP              | KY        |     22286 | PA      | $22295.65     | 0.03%             | 2031-04-15      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                           | Goldman Sachs Group Inc/The                                                      | CUSIP: 38144GAE1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    350000 | PA      | $345344.44    | 0.39%             | N/A             | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Apidos CLO Ltd                                                    | Apidos Clo Xxv                                                                   | CUSIP: 03762YBB2<br>LEI: 254900C9NN5XS59HZV73 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250091.50    | 0.28%             | 2037-01-20      | Floating      | 4.83%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                                          | Venture Global Calcasieu Pass LLC                                                | CUSIP: 92328MAE3<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |    245000 | PA      | $250124.67    | 0.28%             | 2030-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                                    | Wells Fargo Commercial Mortgage Trust 2021-SAVE                                  | CUSIP: 95003LAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     52341 | PA      | $52374.49     | 0.06%             | 2040-02-15      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| EUREX CLEARING AKTIENGESELLSCHAFT                                 | EURO-SCHATZ                                                                      | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              | CORP              | DE        |        -3 | NC      | $31.23        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| HESS MIDSTREAM OPERATION                                          | Hess Midstream Operations LP                                                     | CUSIP: 428102AH0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    268000 | PA      | $273690.98    | 0.31%             | 2028-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ClickLease Equipment Receivabl                                    | ClickLease Equipment Receivables 2024-1 Trust                                    | CUSIP: 18682FAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     34855 | PA      | $34882.39     | 0.04%             | 2030-02-15      | Fixed         | 7.34%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                                    | Government National Mortgage Association                                         | CUSIP: 38383U3L2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    426797 | PA      | $432474.62    | 0.49%             | 2051-06-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Volvo Financial Equipment LLC                                     | Volvo Financial Equipment LLC Series 2024-1                                      | CUSIP: 92887QAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    147000 | PA      | $147513.24    | 0.17%             | 2028-10-16      | Fixed         | 4.29%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP/FINANCE CORP                                            | Sunoco LP / Sunoco Finance Corp                                                  | CUSIP: 86765LAQ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    255000 | PA      | $255928.71    | 0.29%             | 2027-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ALLY BANK AUTO CREDIT-LINKED N                                    | ALLY BANK AUTO CREDIT-LINKED NOTES SERIES 2025-B                                 | CUSIP: 02007G6Q1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $251509.80    | 0.29%             | 2033-09-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| HEALTHCARE RLTY HLDGS LP                                          | Healthcare Realty Holdings LP                                                    | CUSIP: 42225UAH7<br>LEI: 549300IYGAS4GE6VDL07 | Long             | DBT              | CORP              | US        |    300000 | PA      | $261544.88    | 0.30%             | 2031-03-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NOTA DO TESOURO NACIONAL                                          | Brazil Notas do Tesouro Nacional Serie F                                         | CUSIP: 000000000<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |      1000 | PA      | $171.91       | 0.00%             | 2029-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                          | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MBR5<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    150000 | PA      | $149263.58    | 0.17%             | 2030-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BALL CORP                                                         | Ball Corp                                                                        | CUSIP: 058498AY2<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |    450000 | PA      | $458140.05    | 0.52%             | 2028-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-22

**Name of Applicant:** BNY Mellon Investment Funds VII, Inc.

**Signature:** James Windels

**Name of Signer:** James Windels

**Title:** Treasurer