# EDGAR Filing Document

**Accession Number:** 0001342947
**File Stem:** 0001752724-25-161394
**Filing Date:** 2025-6
**Character Count:** 204392
**Document Hash:** a872aac412612b78fb7ff7047ad629ca
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-161394.hdr.sgml**: 20250627

**ACCESSION NUMBER**: 0001752724-25-161394

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250627

**DATE AS OF CHANGE**: 20250627

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BBH Trust
- **CENTRAL INDEX KEY:** 0001342947

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21829
- **FILM NUMBER:** 251083577

**BUSINESS ADDRESS:**
- **STREET 1:** 140 BROADWAY
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10005
- **BUSINESS PHONE:** 800-575-1265

**MAIL ADDRESS:**
- **STREET 1:** 140 BROADWAY
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10005

## Series and Classes Contracts Data

### BBH Limited Duration Fund (Series ID: S000015110)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000041213 | Class N Shares | BBBMX           |
| C000041214 | Class I Shares | BBBIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** BBH Trust

- **b. Investment Company Act file number:** 811-21829

- **c. CIK number of Registrant:** 0001342947

- **d. LEI of Registrant:** 5493002QM4WBFYUZ3Y95

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

  - **Street Address 1:** 140 Broadway

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10005-1108

  - **Telephone number:** 800-575-1265

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

- **a. Name of Series:** BBH Limited Duration Fund

- **b. EDGAR series identifier (if any):** S000015110

- **c. LEI of Series:** 549300GDZGAO1AE3NJ34

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-04-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $9768159326.66

**Total Liabilities:** $206658396.40

**Net Assets:** $9561500930.26

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -64421.00000000 | **1-Year:** -637936.00000000 | **5-Year:** -503080.00000000 | **10-Year:** -49097.00000000 | **30-Year:** -59908.00000000

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

- **3-Month:** -6518.00000000 | **1-Year:** -94229.00000000 | **5-Year:** -108714.00000000 | **10-Year:** -90015.00000000 | **30-Year:** -183992.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000041214 | 0.55%                | 0.31%                | 0.39%                |
| Class ID C000041213 | 0.64%                | 0.30%                | 0.38%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-4774331.85             | $27084965.49                               |
| Month 2  | $274185.18               | $-6011061.79                               |
| Month 3  | $394013.07               | $756993.73                                 |

**Designated Index Information**

- **Index Name:** Blended LDF Benchmark

- **Index Identifier:** Blended Customized Index

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| FHLMC P1J0256 V/R 01/01/37     | FHLMC P1J0256 V/R 01/01/37 6.62000000                                                           | CUSIP: 3128LUH90<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      9303 | PA      | $9500.19       | 0.00%             | 2037-01-01      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP 4.9% 08/14/26 | VOLKSWAGEN GROUP AMERICA REGD 144A P/P 4.90000000                                               | CUSIP: 928668CK6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  17830000 | PA      | $17849612.29   | 0.19%             | 2026-08-14      | Fixed         | 4.90%                 | Yes           |                  2 | On Loan: No      |
| ATHENE GLOBAL F 2.55% 06/29/25 | ATHENE GLOBAL FUNDING REGD 144A P/P 2.55000000                                                  | CUSIP: 04685A2N0<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |  14345000 | PA      | $14281686.91   | 0.15%             | 2025-06-29      | Fixed         | 2.55%                 | Yes           |                  2 | On Loan: No      |
| NORTHWESTERN MU 4.71% 01/10/29 | NORTHWESTERN MUTUAL GLBL REGD 144A P/P MTN 4.71000000                                           | CUSIP: 66815L2Q1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  24865000 | PA      | $25164473.07   | 0.26%             | 2029-01-10      | Fixed         | 4.71%                 | Yes           |                  2 | On Loan: No      |
| ASHTEAD CAPITAL 4.25% 11/01/29 | ASHTEAD CAPITAL INC REGD 144A P/P 4.25000000                                                    | CUSIP: 045054AL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  12154000 | PA      | $11734495.09   | 0.12%             | 2029-11-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC SERVICE 5.875% 10/15/28 | PUBLIC SERVICE ENTERPRIS REGD 5.87500000                                                        | CUSIP: 744573AW6<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | DBT              | CORP              | US        |  18615000 | PA      | $19443337.53   | 0.20%             | 2028-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| GENERAL MILLS IN 5.5% 10/17/28 | GENERAL MILLS INC REGD 5.50000000                                                               | CUSIP: 370334CW2<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |  15535000 | PA      | $16069483.69   | 0.17%             | 2028-10-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MMAF 2025-A A2 4.64% 10/13/27  | BARINGS EQUIPMENT FINANCE LLC 2025-A SER 2025-A CL A2 REGD 144A P/P 4.64000000                  | CUSIP: 06764MAB0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   9860000 | PA      | $9889356.18    | 0.10%             | 2028-10-13      | Fixed         | 4.64%                 | Yes           |                  2 | On Loan: No      |
| VDC 2023-1A A 6.316% 03/15/28  | VANTAGE DATA CENTERS ISSUER LLC SER 2023-1A CL A2 REGD 144A P/P 6.31600000                      | CUSIP: 92212KAE6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  12920000 | PA      | $13034135.28   | 0.14%             | 2048-03-16      | Fixed         | 6.32%                 | Yes           |                  2 | On Loan: No      |
| NEW YORK LIFE G 4.85% 01/09/28 | NEW YORK LIFE GLOBAL FDG REGD 144A P/P MTN 4.85000000                                           | CUSIP: 64952WEY5<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |   1945000 | PA      | $1977500.60    | 0.02%             | 2028-01-09      | Fixed         | 4.85%                 | Yes           |                  2 | On Loan: No      |
| FOUNDRY JV HOLDC 5.9% 01/25/30 | FOUNDRY JV HOLDCO LLC REGD 144A P/P 5.90000000                                                  | CUSIP: 350930AB9<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |   1975000 | PA      | $2050261.25    | 0.02%             | 2030-01-25      | Fixed         | 5.90%                 | Yes           |                  2 | On Loan: No      |
| VOLKSWAGEN GROU 4.85% 08/15/27 | VOLKSWAGEN GROUP AMERICA REGD 144A P/P 4.85000000                                               | CUSIP: 928668CL4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  20600000 | PA      | $20607906.90   | 0.22%             | 2027-08-15      | Fixed         | 4.85%                 | Yes           |                  2 | On Loan: No      |
| FHLMC 0.6% 11/12/25            | FEDERAL HOME LOAN MORTGAGE CORP SER 0000 0.60000000                                             | CUSIP: 3134GXAZ7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |  40500000 | PA      | $39722546.21   | 0.42%             | 2025-11-12      | Fixed         | 0.60%                 | No            |                  2 | On Loan: No      |
| T/L AVANTOR FUNDIN 0% 11/08/27 | T/L AVANTOR FUNDING INC. 0% 0.00000000                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    491065 | PA      | $491217.23     | 0.01%             | 2027-11-08      | Variable      | 6.42%                 | No            |                  2 | On Loan: No      |
| FCRT 2024-1 A2 5.49% 11/15/26  | FOURSIGHT CAPITAL AUTOMOBILE RECEIVABLES TRUST 2024-1 SER 2024-1 CL A2 REGD 144A P/P 5.49000000 | CUSIP: 35105AAB3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   8248204 | PA      | $8284488.02    | 0.09%             | 2029-01-16      | Fixed         | 5.49%                 | Yes           |                  2 | On Loan: No      |
| HYUNDAI CAPITAL 6.25% 11/03/25 | HYUNDAI CAPITAL AMERICA REGD 144A P/P 6.25000000                                                | CUSIP: 44891ACQ8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9175000 | PA      | $9231498.64    | 0.10%             | 2025-11-03      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| GOLDMAN SACHS GRO V/R 02/24/28 | GOLDMAN SACHS GROUP INC REGD V/R 2.64000000                                                     | CUSIP: 38141GZK3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   1925000 | PA      | $1861591.19    | 0.02%             | 2028-02-24      | Variable      | 2.64%                 | No            |                  2 | On Loan: No      |
| UMBS P#735997 5.5% 11/01/35    | FANNIE MAE POOL UMBS P#735997 5.50000000                                                        | CUSIP: 31402RUW7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    117823 | PA      | $121326.83     | 0.00%             | 2035-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| VITALITY RE XIII  V/R 01/06/26 | VITALITY RE XIII LTD REGD V/R 144A P/P SER A 6.28122600                                         | CUSIP: 92849MAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |  11950000 | PA      | $11972705.00   | 0.13%             | 2026-01-06      | Variable      | 6.28%                 | Yes           |                  2 | On Loan: No      |
| BHG 2024-1CON  5.81% 04/17/30  | BHG SECURITIZATION TRUST 2024-1CON SER 2024-1CON CL A REGD 144A P/P 5.81000000                  | CUSIP: 08862HAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   5369083 | PA      | $5478030.74    | 0.06%             | 2035-04-17      | Fixed         | 5.81%                 | Yes           |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC V/R 11/03/26 | HSBC HOLDINGS PLC REGD V/R 7.33600000                                                           | CUSIP: 404280DQ9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   5780000 | PA      | $5853399.99    | 0.06%             | 2026-11-03      | Variable      | 7.34%                 | No            |                  2 | On Loan: No      |
| BXMT 2020-FL2 A V/R 07/15/22   | BXMT 2020-FL2 LTD SER 2020-FL2 CL A V/R REGD 144A P/P 5.59261000                                | CUSIP: 12434LAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6554055 | PA      | $6513834.13    | 0.07%             | 2038-02-15      | Variable      | 5.59%                 | Yes           |                  2 | On Loan: No      |
| CAALT 2025-1A  5.02% 03/15/35  | CREDIT ACCEPTANCE AUTO LOAN TRUST 2025-1 SER 2025-1A CL A REGD 144A P/P 5.02000000              | CUSIP: 22536KAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  17180000 | PA      | $17328500.48   | 0.18%             | 2035-03-15      | Fixed         | 5.02%                 | Yes           |                  2 | On Loan: No      |
| STHWK 2019-4A A1 V/R 07/20/32  | SOUTHWICK PARK CLO LLC SER 2019-4A CL A1R V/R REGD 144A P/P 5.59108000                          | CUSIP: 846031AN2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  21761421 | PA      | $21702233.94   | 0.23%             | 2032-07-20      | Variable      | 5.59%                 | Yes           |                  2 | On Loan: No      |
| NMEF 2025-A A2 4.72% 07/15/32  | NMEF FUNDING 2025-A LLC SER 2025-A CL A2 REGD 144A P/P 4.72000000                               | CUSIP: 62919VAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  11090000 | PA      | $11097167.47   | 0.12%             | 2032-07-15      | Fixed         | 4.72%                 | Yes           |                  2 | On Loan: No      |
| M&T BANK CORPORAT V/R 10/30/29 | M&T BANK CORPORATION REGD V/R 7.41300000                                                        | CUSIP: 55261FAS3<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |   1925000 | PA      | $2070802.60    | 0.02%             | 2029-10-30      | Variable      | 7.41%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC V/R 11/15/28 | NATWEST GROUP PLC REGD V/R 5.66081100                                                           | CUSIP: 639057AR9<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |  33755000 | PA      | $33813096.74   | 0.35%             | 2028-11-15      | Variable      | 5.66%                 | No            |                  2 | On Loan: No      |
| KKR GROUP FINAN 4.85% 05/17/32 | KKR GROUP FINAN CO XII REGD 144A P/P 4.85000000                                                 | CUSIP: 48255GAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1964741.30    | 0.02%             | 2032-05-17      | Fixed         | 4.85%                 | Yes           |                  2 | On Loan: No      |
| ESTEE LAUDER CO  2.6% 04/15/30 | ESTEE LAUDER CO INC REGD 2.60000000                                                             | CUSIP: 29736RAQ3<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | DBT              | CORP              | US        |   1915000 | PA      | $1745040.11    | 0.02%             | 2030-04-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITA 4.875% 11/01/27 | HYUNDAI CAPITAL AMERICA REGD 144A P/P 4.87500000                                                | CUSIP: 44891ADK0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  20885000 | PA      | $20898977.70   | 0.22%             | 2027-11-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| T/L ASPLUNDH TREE 0% 09/07/27  | T/L ASPLUNDH TREE EXPERT LLC   REGD 0.00000000                                                  | CUSIP: 04538FAD1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  44066696 | PA      | $43981646.96   | 0.46%             | 2027-09-07      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| JOHNSON & JOHNSO 4.9% 06/01/31 | JOHNSON & JOHNSON REGD 4.90000000                                                               | CUSIP: 478160CV4<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2072890.66    | 0.02%             | 2031-06-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF C 4.24% 08/03/27 | ROYAL BANK OF CANADA REGD MTN SER GMTN 4.24000000                                               | CUSIP: 78016FZS6<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |  24915000 | PA      | $24988217.21   | 0.26%             | 2027-08-03      | Fixed         | 4.24%                 | No            |                  2 | On Loan: No      |
| AMCOR FLEXIBLES  4.8% 03/17/28 | AMCOR FLEXIBLES NORTH AM REGD 144A P/P 4.80000000                                               | CUSIP: 02344AAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  37691000 | PA      | $38005168.05   | 0.40%             | 2028-03-17      | Fixed         | 4.80%                 | Yes           |                  2 | On Loan: No      |
| WELLS FARGO & COM V/R 04/23/29 | WELLS FARGO & COMPANY REGD V/R 4.97000000                                                       | CUSIP: 95000U3T8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |  32115000 | PA      | $32519829.81   | 0.34%             | 2029-04-23      | Variable      | 4.97%                 | No            |                  2 | On Loan: No      |
| WESTPAC NEW ZE 4.902% 02/15/28 | WESTPAC NEW ZEALAND LTD REGD 144A P/P 4.90200000                                                | CUSIP: 96122FAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | NZ        |  30895000 | PA      | $31313797.79   | 0.33%             | 2028-02-15      | Fixed         | 4.90%                 | Yes           |                  2 | On Loan: No      |
| STATE STREET C 4.536% 02/28/28 | STATE STREET CORP REGD 4.53600000                                                               | CUSIP: 857477CU5<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |  47860000 | PA      | $48363210.09   | 0.51%             | 2028-02-28      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| T/L LUMEN TECHNO 0% 06/01/28   | T/L LUMEN TECHNOLOGIES INC     REGD 0.00000000                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |  14374379 | PA      | $14302506.89   | 0.15%             | 2028-06-01      | Variable      | 10.32%                | No            |                  2 | On Loan: No      |
| T/L IQVIA INC 0%  06/16/27     | T/L IQVIA INC REGD TERM LOAN 0.00000000                                                         | CUSIP: 44969CBM1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  14272105 | PA      | $14236424.97   | 0.15%             | 2027-06-16      | Variable      | 5.66%                 | No            |                  2 | On Loan: No      |
| US T BILL ZCP 05/01/25         | UNITED STATES TREASURY BILL ZCP 0.00000000                                                      | CUSIP: 912797ND5<br>LEI: N/A                  | Long             | STIV             | UST               | US        | 168785000 | PA      | $168785000.00  | 1.77%             | 2025-05-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL  5.583% 01/09/29 | ATHENE GLOBAL FUNDING REGD 144A P/P 5.58300000                                                  | CUSIP: 04685A3Q2<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |  49950000 | PA      | $51117452.88   | 0.53%             | 2029-01-09      | Fixed         | 5.58%                 | Yes           |                  2 | On Loan: No      |
| HAROT 2025-2 A2 4.3% 01/15/27  | HONDA AUTO RECEIVABLES 2025-2 OWNER TRUST SER 2025-2 CL A2A REGD 4.30000000                     | CUSIP: 437921AB5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  24730000 | PA      | $24727527.00   | 0.26%             | 2028-01-18      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CR 3.05% 03/22/27 | TOYOTA MOTOR CREDIT CORP REGD MTN 3.05000000                                                    | CUSIP: 89236TJZ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2100000 | PA      | $2058307.15    | 0.02%             | 2027-03-22      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE HOLDI 6.2% 04/22/33 | BLACKSTONE HOLDINGS FINA REGD 144A P/P 6.20000000                                               | CUSIP: 09261BAK6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1900000 | PA      | $2009103.57    | 0.02%             | 2033-04-22      | Fixed         | 6.20%                 | Yes           |                  2 | On Loan: No      |
| GFORT 2025-2A  4.64% 03/15/28  | GMF FLOORPLAN OWNER REVOLVING TRUST SER 2025-2A CL A REGD 144A P/P 4.64000000                   | CUSIP: 361886EB6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  28000000 | PA      | $28252313.60   | 0.30%             | 2030-03-15      | Fixed         | 4.64%                 | Yes           |                  2 | On Loan: No      |
| CFII 2023-2A A 6.16% 11/15/26  | CHESAPEAKE FUNDING II LLC SER 2023-2A CL A1 REGD 144A P/P 6.16000000                            | CUSIP: 165183CZ5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   5315275 | PA      | $5390199.31    | 0.06%             | 2035-10-15      | Fixed         | 6.16%                 | Yes           |                  2 | On Loan: No      |
| XPLR INFRASTRUCTU ZCP 11/15/25 | XPLR INFRASTRUCTURE LP REGD ZCP 144A P/P CONVERTIBLE 0.00000000                                 | CUSIP: 65341BAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  38930000 | PA      | $37372800.00   | 0.39%             | 2025-11-15      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| T/L IRIDIUM COMMU 0% 09/20/30  | T/L IRIDIUM COMMUNICATIONS INC REGD 0.00000000                                                  | CUSIP: 46269KAT1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  30833931 | PA      | $30530525.28   | 0.32%             | 2030-09-20      | Variable      | 6.57%                 | No            |                  2 | On Loan: No      |
| GLM 2019-6A AR2 V/R 04/20/35   | GOLDENTREE LOAN MANAGEMENT US CLO 6 LTD SER 2019-6A CL AR2 V/R REGD 144A P/P 5.23947000         | CUSIP: 38137WAY1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  50000000 | PA      | $49501150.00   | 0.52%             | 2035-04-20      | Variable      | 5.24%                 | Yes           |                  2 | On Loan: No      |
| US T BILL ZCP 05/06/25         | UNITED STATES TREASURY BILL ZCP 0.00000000                                                      | CUSIP: 912797PC5<br>LEI: N/A                  | Long             | STIV             | UST               | US        |  50000000 | PA      | $49970555.56   | 0.52%             | 2025-05-06      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| REGIONS FINANCI 2.25% 05/18/25 | REGIONS FINANCIAL CORP REGD 2.25000000                                                          | CUSIP: 7591EPAQ3<br>LEI: CW05CS5KW59QTC0DG824 | Long             | DBT              | CORP              | US        |   1910000 | PA      | $1908878.79    | 0.02%             | 2025-05-18      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| NMEF 2023-A A2 6.57% 06/17/30  | NMEF FUNDING 2023-A LLC SER 2023-A CL A2 REGD 144A P/P 6.57000000                               | CUSIP: 62890QAB1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   6776388 | PA      | $6827955.33    | 0.07%             | 2030-06-17      | Fixed         | 6.57%                 | Yes           |                  2 | On Loan: No      |
| NEUB 2019-34A A1 V/R 01/20/35  | NEUBERGER BERMAN LOAN ADVISERS CLO 3 SER 2019-34A CL A1R V/R REGD 144A P/P 5.50947000           | CUSIP: 64132YAQ5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  46877858 | PA      | $46759538.39   | 0.49%             | 2035-01-20      | Variable      | 5.51%                 | Yes           |                  2 | On Loan: No      |
| LLOYDS BANKING GR V/R 03/18/28 | LLOYDS BANKING GROUP PLC REGD V/R 3.75000000                                                    | CUSIP: 53944YAS2<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |  17755000 | PA      | $17477538.18   | 0.18%             | 2028-03-18      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE E 0.8% 08/15/25 | PUBLIC SERVICE ENTERPRIS REGD 0.80000000                                                        | CUSIP: 744573AP1<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | DBT              | CORP              | US        |  24049000 | PA      | $23777512.28   | 0.25%             | 2025-08-15      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL 5.45% 06/24/26 | HYUNDAI CAPITAL AMERICA REGD 144A P/P 5.45000000                                                | CUSIP: 44891ADA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  14835000 | PA      | $14964357.34   | 0.16%             | 2026-06-24      | Fixed         | 5.45%                 | Yes           |                  2 | On Loan: No      |
| MET TOWER GLOBA 1.25% 09/14/26 | MET TOWER GLOBAL FUNDING REGD 144A P/P MTN 1.25000000                                           | CUSIP: 58989V2D5<br>LEI: 635400OFJCY9IOGBGY57 | Long             | DBT              | CORP              | US        |  44790000 | PA      | $43013624.12   | 0.45%             | 2026-09-14      | Fixed         | 1.25%                 | Yes           |                  2 | On Loan: No      |
| ONDK 2023-1A A 7% 08/17/26     | ONDECK ASSET SECURITIZATION TRUST IV LLC SER 2023-1A CL A REGD 144A P/P 7.00000000              | CUSIP: 67108SAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  14337000 | PA      | $14515604.61   | 0.15%             | 2030-08-19      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| RPIT 2019-1 A V/R 10/25/24     | RMF PROPRIETARY ISSUANCE TRUST 2019-1 SER 2019-1 CL A V/R REGD 144A P/P 2.75000000              | CUSIP: 74968RAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   5378899 | PA      | $5089823.73    | 0.05%             | 2063-10-25      | Variable      | 2.75%                 | Yes           |                  2 | On Loan: No      |
| MARS INC 4.55% 04/20/28        | MARS INC REGD 144A P/P 4.55000000                                                               | CUSIP: 571676AT2<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |   1920000 | PA      | $1939110.26    | 0.02%             | 2028-04-20      | Fixed         | 4.55%                 | Yes           |                  2 | On Loan: No      |
| DISCOVER BANK 3.45% 07/27/26   | DISCOVER BANK REGD SER BKNT 3.45000000                                                          | CUSIP: 25466AAJ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1935000 | PA      | $1904838.42    | 0.02%             | 2026-07-27      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| T/L ALLEN MEDIA 0% 02/10/2027  | T/L ALLEN MEDIA LLC AKA ENTERT REGD 0.00000000                                                  | CUSIP: 01771JAG8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  21151907 | PA      | $10364434.19   | 0.11%             | 2027-02-10      | Variable      | 9.95%                 | No            |                  2 | On Loan: No      |
| UMBS P#310104 5.5% 08/01/37    | FANNIE MAE POOL UMBS P#310104 5.50000000                                                        | CUSIP: 31374CNV4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1330576 | PA      | $1364116.45    | 0.01%             | 2037-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL 5.65% 06/26/26 | HYUNDAI CAPITAL AMERICA REGD 144A P/P 5.65000000                                                | CUSIP: 44891ACG0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  13795000 | PA      | $13939368.54   | 0.15%             | 2026-06-26      | Fixed         | 5.65%                 | Yes           |                  2 | On Loan: No      |
| EFF 2023-3 A2 6.4% 02/22/27    | ENTERPRISE FLEET FINANCING 2023-3 LLC SER 2023-3 CL A2 REGD 144A P/P 6.40000000                 | CUSIP: 29374LAB6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   7179305 | PA      | $7296697.43    | 0.08%             | 2030-03-20      | Fixed         | 6.40%                 | Yes           |                  2 | On Loan: No      |
| ONDK 2025-1A A 5.08% 04/17/28  | ONDECK ASSET SECURITIZATION IV LLC SER 2025-1A CL A REGD 144A P/P 5.08000000                    | CUSIP: 68237DAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  32100000 | PA      | $31980231.69   | 0.33%             | 2032-04-19      | Fixed         | 5.08%                 | Yes           |                  2 | On Loan: No      |
| OMFIT 2022-3A  5.94% 04/14/26  | ONEMAIN FINANCIAL ISSUANCE TRUST 2022-3 SER 2022-3A CL A REGD 144A P/P 5.94000000               | CUSIP: 68269PAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  10899587 | PA      | $10952731.14   | 0.11%             | 2034-05-15      | Fixed         | 5.94%                 | Yes           |                  2 | On Loan: No      |
| DCAL 2015-1A A1 V/R 02/15/22   | AIM AVIATION FINANCE LTD SER 2015-1A CL A1 V/R REGD P/P 6.21300000                              | CUSIP: 001406AA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6711424 | PA      | $6375986.94    | 0.07%             | 2040-02-15      | Variable      | 6.21%                 | Yes           |                  2 | On Loan: No      |
| SYSCO CORPORATI 5.75% 01/17/29 | SYSCO CORPORATION REGD 5.75000000                                                               | CUSIP: 871829BS5<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |  11460000 | PA      | $11925885.33   | 0.12%             | 2029-01-17      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CAALT 2024-2A  5.95% 06/15/27  | CREDIT ACCEPTANCE AUTO LOAN TRUST 2024-2 SER 2024-2A CL A REGD 144A P/P 5.95000000              | CUSIP: 22536VAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  18320000 | PA      | $18656750.91   | 0.20%             | 2034-06-15      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| CONSTELLATION E 3.25% 06/01/25 | CONSTELLATION EN GEN LLC REGD 3.25000000                                                        | CUSIP: 30161MAS2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  16025000 | PA      | $15993644.68   | 0.17%             | 2025-06-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AON GLOBAL LTD 3.875% 12/15/25 | AON GLOBAL LTD REGD 3.87500000                                                                  | CUSIP: 00185AAK0<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |  49817000 | PA      | $49661610.81   | 0.52%             | 2025-12-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| EVERGY MISSOURI 5.15% 12/15/27 | EVERGY MISSOURI WEST INC REGD 144A P/P 5.15000000                                               | CUSIP: 30037FAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2040793.60    | 0.02%             | 2027-12-15      | Fixed         | 5.15%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY V/R 04/12/29    | MORGAN STANLEY REGD V/R SER . 4.99400000                                                        | CUSIP: 61747YFY6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |  26420000 | PA      | $26780397.60   | 0.28%             | 2029-04-12      | Variable      | 4.99%                 | No            |                  2 | On Loan: No      |
| CAUTO 2024-2A A 4.9% 05/15/29  | CAPITAL AUTOMOTIVE REIT SER 2024-2A CL A1 REGD 144A P/P 4.90000000                              | CUSIP: 12510HAV2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  10904933 | PA      | $10885119.07   | 0.11%             | 2054-05-15      | Fixed         | 4.90%                 | Yes           |                  2 | On Loan: No      |
| MUTUAL OF OMAHA GL 5% 04/01/30 | MUTUAL OF OMAHA GLOBAL REGD 144A P/P 5.00000000                                                 | CUSIP: 62829D2F6<br>LEI: 635400AL5J3F1ZPTAN95 | Long             | DBT              | CORP              | US        |  18735000 | PA      | $19095864.76   | 0.20%             | 2030-04-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CITIZENS BANK NA/ V/R 08/09/28 | CITIZENS BANK NA/RI REGD V/R 4.57500000                                                         | CUSIP: 75524KPG3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1940000 | PA      | $1938951.14    | 0.02%             | 2028-08-09      | Variable      | 4.58%                 | No            |                  2 | On Loan: No      |
| AMERICAN NATION 5.55% 01/28/30 | AMERICAN NATIONAL GF REGD 144A P/P MTN 5.55000000                                               | CUSIP: 02771D2A1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  16275000 | PA      | $16636435.36   | 0.17%             | 2030-01-28      | Fixed         | 5.55%                 | Yes           |                  2 | On Loan: No      |
| APPLE INC 1.2% 02/08/28        | APPLE INC REGD 1.20000000                                                                       | CUSIP: 037833EC0<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2049587.85    | 0.02%             | 2028-02-08      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| NFMOT 2024-1A  5.12% 03/15/27  | NEXTGEAR FLOORPLAN MASTER OWNER TRUST SER 2024-1A CL A2 REGD 144A P/P 5.12000000                | CUSIP: 65341KBZ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  24520000 | PA      | $24877349.58   | 0.26%             | 2029-03-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| EQUITABLE FINANCIA 5% 03/27/30 | EQUITABLE FINANCIAL LIFE REGD 144A P/P 5.00000000                                               | CUSIP: 29449WAT4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  25185000 | PA      | $25485082.55   | 0.27%             | 2030-03-27      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| TLOT 2025-A A3 4.75% 07/20/27  | TOYOTA LEASE OWNER TRUST 2025-A SER 2025-A CL A3 REGD 144A P/P 4.75000000                       | CUSIP: 89239NAD7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  14240000 | PA      | $14383557.71   | 0.15%             | 2028-02-22      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| BANK OF NY MELLON V/R 10/25/29 | BANK OF NY MELLON CORP REGD V/R MTN 6.31700000                                                  | CUSIP: 06406RBT3<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |   1925000 | PA      | $2044402.46    | 0.02%             | 2029-10-25      | Variable      | 6.32%                 | No            |                  2 | On Loan: No      |
| COML MTG PASS V/R 07/12/28     | COML MTG PASS THRU CTF CL A    144A VARIABLE 6.89100000                                         | CUSIP: 228925AA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  11715000 | PA      | $12323849.64   | 0.13%             | 2028-07-12      | Variable      | 6.89%                 | Yes           |                  2 | On Loan: No      |
| WILLIAMS COMPANI 5.4% 03/02/26 | WILLIAMS COMPANIES INC REGD 5.40000000                                                          | CUSIP: 969457CH1<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |   2075000 | PA      | $2086287.69    | 0.02%             | 2026-03-02      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| WFLF 2023-1A A 5.8% 04/18/38   | WHEELS FLEET LEASE FUNDING 1 LLC SER 2023-1A CL A REGD 144A P/P 5.80000000                      | CUSIP: 96328GAS6<br>LEI: 549300BSFY0E0XXREF43 | Long             | ABS-CBDO         | CORP              | US        |  10639653 | PA      | $10715255.00   | 0.11%             | 2038-04-18      | Fixed         | 5.80%                 | Yes           |                  2 | On Loan: No      |
| WFNMT 2023-A A 5.02% 05/15/26  | WORLD FINANCIAL NETWORK CREDIT CARD MASTER TRUST SER 2023-A CL A REGD 5.02000000                | CUSIP: 981464HL7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  11295000 | PA      | $11376775.80   | 0.12%             | 2030-03-15      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| T/L AXALTA COATIN ZCP 12/20/29 | T/L AXALTA COATING SYSTEMS US H REGD ZCP TERM LOAN 0.00000000                                   | CUSIP: 90347BAP3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  23281507 | PA      | $23247516.49   | 0.24%             | 2029-12-20      | Variable      | 6.05%                 | No            |                  2 | On Loan: No      |
| BHG 2023-A A 5.55% 06/17/26    | BHG SECURITIZATION TRUST 2023-A SER 2023-A CL A REGD 144A P/P 5.55000000                        | CUSIP: 08860FAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   4796836 | PA      | $4800815.54    | 0.05%             | 2036-04-17      | Fixed         | 5.55%                 | Yes           |                  2 | On Loan: No      |
| EART 2025-1A B 4.91% 05/15/27  | EXETER AUTOMOBILE RECEIVABLES TRUST 2025-1 SER 2025-1A CL B REGD 4.91000000                     | CUSIP: 30167MAD9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  10230000 | PA      | $10291634.73   | 0.11%             | 2029-08-15      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| US T BILL ZCP 05/15/25         | UNITED STATES TREASURY BILL ZCP 0.00000000                                                      | CUSIP: 912797LB1<br>LEI: N/A                  | Long             | STIV             | UST               | US        | 112000000 | PA      | $111816097.22  | 1.17%             | 2025-05-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS  V/R 04/25/29 | AMERICAN EXPRESS CO REGD V/R 4.73100000                                                         | CUSIP: 025816ED7<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |  27030000 | PA      | $27279259.85   | 0.29%             | 2029-04-25      | Variable      | 4.73%                 | No            |                  2 | On Loan: No      |
| KEY BANK NA 5.85% 11/15/27     | KEY BANK NA REGD SER BKNT 5.85000000                                                            | CUSIP: 49327M3F9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  20675000 | PA      | $21232795.38   | 0.22%             | 2027-11-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LE 5.55% 05/01/28 | PENSKE TRUCK LEASING/PTL REGD 144A P/P 5.55000000                                               | CUSIP: 709599BT0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  31000000 | PA      | $31757827.55   | 0.33%             | 2028-05-01      | Fixed         | 5.55%                 | Yes           |                  2 | On Loan: No      |
| T/L RELAM AM 0% 07/10/28       | T/L RELAM AMSTERDAM HOLDINGS   B.V REGD 0.00000000                                              | CUSIP: N7362EAC5<br>LEI: N/A                  | Long             | LON              | CORP              | NL        |  43875000 | PA      | $43436250.00   | 0.45%             | 2028-07-10      | Variable      | 5.67%                 | No            |                  3 | On Loan: No      |
| ONEOK INC 4.15% 06/01/25       | ONEOK INC REGD 4.15000000                                                                       | CUSIP: 29336UAE7<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |  16986000 | PA      | $16949298.35   | 0.18%             | 2025-06-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| PNC BANK NA V/R 01/15/27       | PNC BANK NA REGD V/R SER BKNT 4.77500000                                                        | CUSIP: 69353RFX1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  42610000 | PA      | $42633980.06   | 0.45%             | 2027-01-15      | Variable      | 4.78%                 | No            |                  2 | On Loan: No      |
| AXIS 2022-1A A 1.64% 10/20/27  | AMUR EQUIPMENT FINANCE RECEIVABLES X LLC SER 2022-1A CL A2 REGD 144A P/P 1.64000000             | CUSIP: 03236VAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    494779 | PA      | $493529.72     | 0.01%             | 2027-10-20      | Fixed         | 1.64%                 | Yes           |                  2 | On Loan: No      |
| BANK OF AMERICA C V/R 09/15/27 | BANK OF AMERICA CORP REGD V/R 5.93300000                                                        | CUSIP: 06051GLV9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  30000000 | PA      | $30573049.50   | 0.32%             | 2027-09-15      | Variable      | 5.93%                 | No            |                  2 | On Loan: No      |
| PROV ST JOSEPH 2.532% 10/01/29 | PROV ST JOSEPH HLTH OBL REGD SER 19A 2.53200000                                                 | CUSIP: 743820AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  12919000 | PA      | $11828853.31   | 0.12%             | 2029-10-01      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| EFF 2022-4 A2 5.76% 05/20/26   | ENTERPRISE FLEET FINANCING 2022-4 LLC SER 2022-4 CL A2 REGD 144A P/P 5.76000000                 | CUSIP: 29374GAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   4380677 | PA      | $4400298.89    | 0.05%             | 2029-10-22      | Fixed         | 5.76%                 | Yes           |                  2 | On Loan: No      |
| CREDIT ACCEPTAN 9.25% 12/15/28 | CREDIT ACCEPTANC REGD 144A P/P 9.25000000                                                       | CUSIP: 225310AQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  18620000 | PA      | $19677783.58   | 0.21%             | 2028-12-15      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| MERCEDES-BENZ FI 4.8% 03/30/26 | MERCEDES-BENZ FIN NA REGD 144A P/P 4.80000000                                                   | CUSIP: 58769JAF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  25455000 | PA      | $25557949.18   | 0.27%             | 2026-03-30      | Fixed         | 4.80%                 | Yes           |                  2 | On Loan: No      |
| T/L SBA SENIOR 0% 01/25/2031   | T/L SBA SENIOR FINANCE II LLC  REGD 0.00000000                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |  39527101 | PA      | $39470972.60   | 0.41%             | 2031-01-25      | Variable      | 6.08%                 | No            |                  2 | On Loan: No      |
| PFSFC 2025-B A 4.85% 02/15/28  | PFS FINANCING CORP SER 2025-B CL A REGD 144A P/P 4.85000000                                     | CUSIP: 69335PFU4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  12690000 | PA      | $12837262.37   | 0.13%             | 2030-02-15      | Fixed         | 4.85%                 | Yes           |                  2 | On Loan: No      |
| FRANKLIN BSP CA 3.25% 03/30/26 | FRANKLIN BSP CAPITAL CO REGD SER WI 3.25000000                                                  | CUSIP: 12325JAJ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  26475000 | PA      | $25801443.70   | 0.27%             | 2026-03-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| OPTN 2024-2 A 5.86% 02/09/32   | OPORTUN ISSUANCE TRUST 2024-2 SER 2024-2 CL A REGD 144A P/P 5.86000000                          | CUSIP: 68377KAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   6407949 | PA      | $6416531.62    | 0.07%             | 2032-02-09      | Fixed         | 5.86%                 | Yes           |                  2 | On Loan: No      |
| AVOLON HOLDINGS  5.5% 01/15/26 | AVOLON HOLDINGS FNDG LTD REGD 144A P/P 5.50000000                                               | CUSIP: 05401AAK7<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |  33535000 | PA      | $33576368.11   | 0.35%             | 2026-01-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| T/L SETANTA AIR 0% 11/05/28    | T/L SETANTA AIRCRAFT LEASING   DESIGNATED ACTVITY COMPANY     REGD 0.00000000                   | CUSIP: G8057JAC0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  13263205 | PA      | $13265591.96   | 0.14%             | 2028-11-05      | Variable      | 6.05%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY V/R 07/22/28    | MORGAN STANLEY REGD V/R MTN 3.59100000                                                          | CUSIP: 61744YAK4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1935000 | PA      | $1893893.36    | 0.02%             | 2028-07-22      | Variable      | 3.59%                 | No            |                  2 | On Loan: No      |
| UNILEVER CAPITA 4.25% 08/12/27 | UNILEVER CAPITAL CORP REGD 4.25000000                                                           | CUSIP: 904764BU0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  19550000 | PA      | $19650851.61   | 0.21%             | 2027-08-12      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / E 4.9% 10/01/26 | DELL INT LLC / EMC CORP REGD 4.90000000                                                         | CUSIP: 24703TAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2008356.44    | 0.02%             | 2026-10-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| US T BILL ZCP 05/08/25         | UNITED STATES TREASURY BILL ZCP 0.00000000                                                      | CUSIP: 912797NE3<br>LEI: N/A                  | Long             | STIV             | UST               | US        |   5195000 | PA      | $5190757.42    | 0.05%             | 2025-05-08      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ECAF 2015-1A  3.473% 06/15/22  | ECAF I LTD SER 2015-1A CL A1 REGD 144A P/P 3.47300000                                           | CUSIP: 26827EAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2642593 | PA      | $2147043.76    | 0.02%             | 2040-06-15      | Fixed         | 3.47%                 | Yes           |                  2 | On Loan: No      |
| COMMONSPIRIT H 1.547% 10/01/25 | COMMONSPIRIT HEALTH REGD 1.54700000                                                             | CUSIP: 20268JAE3<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |   1772000 | PA      | $1748165.41    | 0.02%             | 2025-10-01      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| SORT 2020-1 A1 1.69% 07/15/25  | CF HIPPOLYTA ISSUER LLC SER 2020-1 CL A1 REGD 144A P/P 1.69000000                               | CUSIP: 12530MAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  22918037 | PA      | $22635315.53   | 0.24%             | 2060-07-15      | Fixed         | 1.69%                 | Yes           |                  2 | On Loan: No      |
| PACIFIC LIFE GF  1.2% 06/24/25 | PACIFIC LIFE GF II REGD 144A P/P 1.20000000                                                     | CUSIP: 6944PL2B4<br>LEI: 6354003EUPCHXTWUU869 | Long             | DBT              | CORP              | US        |  19330000 | PA      | $19231912.81   | 0.20%             | 2025-06-24      | Fixed         | 1.20%                 | Yes           |                  2 | On Loan: No      |
| STATE STREET CORP V/R 11/21/29 | STATE STREET CORP REGD V/R 5.68400000                                                           | CUSIP: 857477CF8<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |   1915000 | PA      | $1994160.80    | 0.02%             | 2029-11-21      | Variable      | 5.68%                 | No            |                  2 | On Loan: No      |
| FCITL 2024-1A  5.44% 08/15/36  | FCI FUNDING 2024-1 LLC SER 2024-1A CL A REGD 144A P/P 5.44000000                                | CUSIP: 31425BAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  16790922 | PA      | $16815861.72   | 0.18%             | 2036-08-15      | Fixed         | 5.44%                 | Yes           |                  2 | On Loan: No      |
| CAPITAL ONE FINAN V/R 02/01/29 | CAPITAL ONE FINANCIAL CO REGD V/R 5.46800000                                                    | CUSIP: 14040HCX1<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   1945000 | PA      | $1983680.88    | 0.02%             | 2029-02-01      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL  4.75% 06/09/27 | ALLY FINANCIAL INC REGD 4.75000000                                                              | CUSIP: 02005NBQ2<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |   1910000 | PA      | $1901403.40    | 0.02%             | 2027-06-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE &  V/R 07/22/28 | JPMORGAN CHASE & CO REGD V/R 4.97900000                                                         | CUSIP: 46647PEL6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  12600000 | PA      | $12746907.68   | 0.13%             | 2028-07-22      | Variable      | 4.98%                 | No            |                  2 | On Loan: No      |
| OPTN 2021-C A 2.18% 10/08/31   | OPORTUN ISSUANCE TRUST 2021-C SER 2021-C CL A REGD 144A P/P 2.18000000                          | CUSIP: 68377WAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  37695837 | PA      | $36735750.64   | 0.38%             | 2031-10-08      | Fixed         | 2.18%                 | Yes           |                  2 | On Loan: No      |
| MTN 2022-LPFL A V/R 03/15/27   | MTN COMMERCIAL MORTGAGE TRUST 2022-LPFL SER 2022-LPFL CL A V/R REGD 144A P/P 5.72690000         | CUSIP: 62475WAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  16040000 | PA      | $16019950.00   | 0.17%             | 2039-03-15      | Variable      | 5.73%                 | Yes           |                  2 | On Loan: No      |
| STELLANTIS FIN 1.711% 01/29/27 | STELLANTIS FIN US INC REGD 144A P/P 1.71100000                                                  | CUSIP: 85855CAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2245000 | PA      | $2120836.41    | 0.02%             | 2027-01-29      | Fixed         | 1.71%                 | Yes           |                  2 | On Loan: No      |
| CGMS 2019-2A AR2 V/R 10/15/37  | CARLYLE US CLO 2019-2 LTD SER 2019-2A CL AR2 V/R REGD 144A P/P 5.61610000                       | CUSIP: 14316EAY5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  32520000 | PA      | $32357074.80   | 0.34%             | 2037-10-15      | Variable      | 5.62%                 | Yes           |                  2 | On Loan: No      |
| BLACKSTONE PRIV 4.95% 09/26/27 | BLACKSTONE PRIVATE CRE REGD 144A P/P 4.95000000                                                 | CUSIP: 09261HBP1<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |  25975000 | PA      | $25730189.00   | 0.27%             | 2027-09-26      | Fixed         | 4.95%                 | Yes           |                  2 | On Loan: No      |
| FLORIDA POWER & 5.05% 04/01/28 | FLORIDA POWER & LIGHT CO REGD 5.05000000                                                        | CUSIP: 341081GK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1925000 | PA      | $1975197.61    | 0.02%             | 2028-04-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| EQUITABLE HOLDINGS  V/R /PERP/ | EQUITABLE HOLDINGS INC REGD V/R /PERP/ SER B 4.95000000                                         | CUSIP: 29452EAA9<br>LEI: 549300FIBAKMNHPZ4009 | Long             | DBT              | CORP              | US        |  41390000 | PA      | $41114333.49   | 0.43%             | 2173-12-15      | Variable      | 4.95%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANCO V/R 10/27/28 | FIFTH THIRD BANCORP REGD V/R 6.36100000                                                         | CUSIP: 316773DJ6<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |   1925000 | PA      | $2001156.29    | 0.02%             | 2028-10-27      | Variable      | 6.36%                 | No            |                  2 | On Loan: No      |
| HARLEY-DAVIDSON  6.5% 03/10/28 | HARLEY-DAVIDSON FINL SER REGD 144A P/P 6.50000000                                               | CUSIP: 41284VAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1940000 | PA      | $1979505.99    | 0.02%             | 2028-03-10      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| BROOKLYN UNION 4.632% 08/05/27 | BROOKLYN UNION GAS CO REGD 144A P/P 4.63200000                                                  | CUSIP: 114259AV6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1940000 | PA      | $1944662.36    | 0.02%             | 2027-08-05      | Fixed         | 4.63%                 | Yes           |                  2 | On Loan: No      |
| HORMEL FOODS COR 4.8% 03/30/27 | HORMEL FOODS CORP REGD 4.80000000                                                               | CUSIP: 440452AK6<br>LEI: MSD54751OJP1FS2ND863 | Long             | DBT              | CORP              | US        |  12590000 | PA      | $12725570.63   | 0.13%             | 2027-03-30      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE GLOB 5.35% 06/24/26 | COREBRIDGE GLOB FUNDING REGD 144A P/P 5.35000000                                                | CUSIP: 00138CAY4<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |  30350000 | PA      | $30700935.84   | 0.32%             | 2026-06-24      | Fixed         | 5.35%                 | Yes           |                  2 | On Loan: No      |
| PROTECTIVE LIF 4.335% 09/13/27 | PROTECTIVE LIFE GLOBAL REGD 144A P/P 4.33500000                                                 | CUSIP: 74368CBZ6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  36560000 | PA      | $36503460.33   | 0.38%             | 2027-09-13      | Fixed         | 4.33%                 | Yes           |                  2 | On Loan: No      |
| HYUNDAI CAPITAL  5.5% 03/30/26 | HYUNDAI CAPITAL AMERICA REGD 144A P/P 5.50000000                                                | CUSIP: 44891ACB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  11055000 | PA      | $11118358.42   | 0.12%             | 2026-03-30      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| FIRSTENERGY PEN 5.15% 03/30/26 | FIRSTENERGY PENN ELECTRI REGD 144A P/P 5.15000000                                               | CUSIP: 708696CA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1930000 | PA      | $1935409.42    | 0.02%             | 2026-03-30      | Fixed         | 5.15%                 | Yes           |                  2 | On Loan: No      |
| BLACKSTONE SEC 3.625% 01/15/26 | BLACKSTONE SECURED LEND REGD 3.62500000                                                         | CUSIP: 09261LAC2<br>LEI: 549300KM7KWQHVBNH962 | Long             | DBT              | CORP              | US        |  11794000 | PA      | $11667101.28   | 0.12%             | 2026-01-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| BPR 2022-OANA A V/R 04/15/24   | BPR TRUST 2022-OANA SER 2022-OANA CL A V/R REGD 144A P/P 6.21986000                             | CUSIP: 05592DAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  20300000 | PA      | $20313073.20   | 0.21%             | 2037-04-15      | Variable      | 6.22%                 | Yes           |                  2 | On Loan: No      |
| US BANCORP V/R 10/21/26        | US BANCORP REGD V/R 5.72700000                                                                  | CUSIP: 91159HJH4<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |  22750000 | PA      | $22860886.00   | 0.24%             | 2026-10-21      | Variable      | 5.73%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS F 1.5% 06/10/26 | GENERAL MOTORS FINL CO REGD 1.50000000                                                          | CUSIP: 37045XDK9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1926470.52    | 0.02%             | 2026-06-10      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPIT 4.2% 07/15/27 | JOHN DEERE CAPITAL CORP REGD MTN 4.20000000                                                     | CUSIP: 24422EXV6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  27370000 | PA      | $27506969.06   | 0.29%             | 2027-07-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| AESOP 2023-7A A 5.9% 08/20/27  | AVIS BUDGET RENTAL CAR FUNDING AESOP LLC SER 2023-7A CL A REGD 144A P/P 5.90000000              | CUSIP: 05377RHL1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   9500000 | PA      | $9761503.65    | 0.10%             | 2028-08-21      | Fixed         | 5.90%                 | Yes           |                  2 | On Loan: No      |
| FELLS POINT FU 3.046% 01/31/27 | FELLS POINT FUNDING TR REGD 144A P/P 3.04600000                                                 | CUSIP: 314382AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1930000 | PA      | $1874930.92    | 0.02%             | 2027-01-31      | Fixed         | 3.05%                 | Yes           |                  2 | On Loan: No      |
| DK 2024-SPBX A V/R 03/15/26    | DK TRUST 2024-SPBX SER 2024-SPBX CL A V/R REGD 144A P/P 5.82186000                              | CUSIP: 23346LAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  20885000 | PA      | $20858893.75   | 0.22%             | 2034-03-15      | Variable      | 5.82%                 | Yes           |                  2 | On Loan: No      |
| CANADIAN IMPER 5.001% 04/28/28 | CANADIAN IMPERIAL BANK REGD 5.00100000                                                          | CUSIP: 13607LNG4<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |  19725000 | PA      | $20113719.00   | 0.21%             | 2028-04-28      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON NATION V/R 05/17/28 | HUNTINGTON NATIONAL BANK REGD V/R 4.55200000                                                    | CUSIP: 44644MAF8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1915000 | PA      | $1911647.96    | 0.02%             | 2028-05-17      | Variable      | 4.55%                 | No            |                  2 | On Loan: No      |
| T/L CLEAN HARBORS 0% 10/08/28  | T/L CLEAN HARBORS INC 0.00000000                                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |  40378316 | PA      | $40563249.05   | 0.42%             | 2028-10-08      | Variable      | 6.07%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL 4.6% 11/15/27 | CATERPILLAR FINL SERVICE REGD 4.60000000                                                        | CUSIP: 14913UAS9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2026130.78    | 0.02%             | 2027-11-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| ONDK 2024-1A A 6.27% 06/17/27  | ONDECK ASSET SECURITIZATION TRUST IV LLC SER 2024-1A CL A REGD 144A P/P 6.27000000              | CUSIP: 67118NAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  19615000 | PA      | $19905737.45   | 0.21%             | 2031-06-17      | Fixed         | 6.27%                 | Yes           |                  2 | On Loan: No      |
| US T BILL ZCP 06/10/25         | UNITED STATES TREASURY BILL ZCP 0.00000000                                                      | CUSIP: 912797PR2<br>LEI: N/A                  | Long             | STIV             | UST               | US        | 112000000 | PA      | $111477031.11  | 1.17%             | 2025-06-10      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ROCHE HOLDINGS  4.79% 03/08/29 | ROCHE HOLDINGS INC REGD 144A P/P 4.79000000                                                     | CUSIP: 771196CJ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  22000000 | PA      | $22460393.12   | 0.23%             | 2029-03-08      | Fixed         | 4.79%                 | Yes           |                  2 | On Loan: No      |
| WFNMT 2024-B A 4.62% 07/15/27  | WORLD FINANCIAL NETWORK CREDIT CARD MASTER NOTE TRUST 2024-B SER 2024-B CL A REGD 4.62000000    | CUSIP: 981464HU7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  32195000 | PA      | $32463023.38   | 0.34%             | 2031-05-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKIN 5.457% 11/18/27 | WESTPAC BANKING CORP REGD 5.45700000                                                            | CUSIP: 961214FK4<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |  26655000 | PA      | $27547138.32   | 0.29%             | 2027-11-18      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CRE 3.375% 11/13/25 | FORD MOTOR CREDIT CO LLC REGD 3.37500000                                                        | CUSIP: 345397B28<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  65580000 | PA      | $64813657.70   | 0.68%             | 2025-11-13      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| CARGILL INC 1.7% 02/02/31      | CARGILL INC REGD 144A P/P 1.70000000                                                            | CUSIP: 141781BQ6<br>LEI: QXZYQNMR4JZ5RIRN4T31 | Long             | DBT              | CORP              | US        |   2400000 | PA      | $2060049.98    | 0.02%             | 2031-02-02      | Fixed         | 1.70%                 | Yes           |                  2 | On Loan: No      |
| MEDTRONIC GLOBA 4.25% 03/30/28 | MEDTRONIC GLOBAL HLDINGS REGD 4.25000000                                                        | CUSIP: 58507LBB4<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |  22215000 | PA      | $22327886.63   | 0.23%             | 2028-03-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| VDCR 2023-1A A2A 5% 09/15/28   | RETAINED VANTAGE DATA CENTERS ISSUER LLC SER 2023-1A CL A2A REGD 144A P/P 5.00000000            | CUSIP: 76134KAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  23320000 | PA      | $23140676.20   | 0.24%             | 2048-09-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| NRG ENERGY INC 2% 12/02/25     | NRG ENERGY INC REGD 144A P/P 2.00000000                                                         | CUSIP: 629377CN0<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   1910000 | PA      | $1874721.40    | 0.02%             | 2025-12-02      | Fixed         | 2.00%                 | Yes           |                  2 | On Loan: No      |
| ILLUMINA INC 5.75% 12/13/27    | ILLUMINA INC REGD 5.75000000                                                                    | CUSIP: 452327AP4<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | DBT              | CORP              | US        |   1910000 | PA      | $1954037.63    | 0.02%             | 2027-12-13      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| RMIT 2025-1 A 4.99% 04/17/34   | REGIONAL MANAGEMENT ISSUANCE TRUST 2025-1 SER 2025-1 CL A REGD 144A P/P 4.99000000              | CUSIP: 75908AAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  30830000 | PA      | $31108410.32   | 0.33%             | 2034-04-17      | Fixed         | 4.99%                 | Yes           |                  2 | On Loan: No      |
| S&P GLOBAL INC 2.45% 03/01/27  | S&P GLOBAL INC REGD 2.45000000                                                                  | CUSIP: 78409VBH6<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $2040262.48    | 0.02%             | 2027-03-01      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDING V/R 03/20/29 | SANTANDER HOLDINGS USA REGD V/R 5.47300000                                                      | CUSIP: 80282KBN5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  28865000 | PA      | $28963965.67   | 0.30%             | 2029-03-20      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| CAALT 2023-1A  7.71% 11/16/26  | CREDIT ACCEPTANCE AUTO LOAN TRUST 2023-1 SER 2023-1A CL C REGD 144A P/P 7.71000000              | CUSIP: 224927AE3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   6470000 | PA      | $6676515.93    | 0.07%             | 2033-07-15      | Fixed         | 7.71%                 | Yes           |                  2 | On Loan: No      |
| GA GLOBAL FUNDIN 5.5% 01/08/29 | GA GLOBAL FUNDING TRUST REGD 144A P/P 5.50000000                                                | CUSIP: 36143L2L8<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |  17225000 | PA      | $17658943.74   | 0.18%             | 2029-01-08      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| PENNANTPARK INVEST 4% 11/01/26 | PENNANTPARK INVESTMENT C REGD 4.00000000                                                        | CUSIP: 708062AD6<br>LEI: 529900OK432R4C6NQQ73 | Long             | DBT              | CORP              | US        |  17345000 | PA      | $16631902.65   | 0.17%             | 2026-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| T/L UGI ENERGY 0% 02/22/30     | T/L UGI ENERGY SERVICES LLC    REGD 0.00000000                                                  | CUSIP: 90276DAE9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  16965026 | PA      | $16918371.88   | 0.18%             | 2030-02-22      | Variable      | 6.82%                 | No            |                  2 | On Loan: No      |
| PFSFC 2022-C A 3.89% 05/15/25  | PFS FINANCING CORP SER 2022-C CL A REGD 144A P/P 3.89000000                                     | CUSIP: 69335PEK7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  19980000 | PA      | $19909354.72   | 0.21%             | 2027-05-15      | Fixed         | 3.89%                 | Yes           |                  2 | On Loan: No      |
| NOVARTIS CAPITAL 3.8% 09/18/29 | NOVARTIS CAPITAL CORP REGD 3.80000000                                                           | CUSIP: 66989HAT5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  22990000 | PA      | $22716893.51   | 0.24%             | 2029-09-18      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| ARBOR REALTY TRU 4.5% 09/01/26 | ARBOR REALTY TRUST INC REGD 144A P/P SER QIB 4.50000000                                         | CUSIP: 038923AX6<br>LEI: 549300ASFUWYQO0RW077 | Long             | DBT              | CORP              | US        |  19450000 | PA      | $18363896.25   | 0.19%             | 2026-09-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| FNMA P887626 V/R 07/01/36      | FNMA P887626 V/R 07/01/36 7.71400000                                                            | CUSIP: 31410FD77<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     14779 | PA      | $15308.79      | 0.00%             | 2036-07-01      | Variable      | 7.71%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB C 0.9% 03/11/26 | CHARLES SCHWAB CORP REGD 0.90000000                                                             | CUSIP: 808513BF1<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |   1910000 | PA      | $1854474.77    | 0.02%             | 2026-03-11      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC 5.15% 06/25/26  | HOME DEPOT INC REGD 5.15000000                                                                  | CUSIP: 437076CZ3<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |  22320000 | PA      | $22600041.67   | 0.24%             | 2026-06-25      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND  1.75% 01/30/26 | AERCAP IRELAND CAP/GLOBA REGD 1.75000000                                                        | CUSIP: 00774MAS4<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |  36248000 | PA      | $35437425.85   | 0.37%             | 2026-01-30      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| REPS 2021-A A 2.3% 10/20/25    | REPUBLIC FINANCE ISSUANCE TRUST 2021-A SER 2021-A CL A REGD 144A P/P 2.30000000                 | CUSIP: 76042UAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  27346909 | PA      | $27092394.05   | 0.28%             | 2031-12-22      | Fixed         | 2.30%                 | Yes           |                  2 | On Loan: No      |
| SYMP 2012-9A AR3 V/R 07/16/32  | CALIFORNIA STREET CLO IX LP SER 2012-9A CL AR3 V/R REGD 144A P/P 5.62215000                     | CUSIP: 13079WDC9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  38926292 | PA      | $38889716.95   | 0.41%             | 2032-07-16      | Variable      | 5.62%                 | Yes           |                  2 | On Loan: No      |
| CHARTER COMM O 4.908% 07/23/25 | CHARTER COMM OPT LLC/CAP REGD SER WI 4.90800000                                                 | CUSIP: 161175AY0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  12589000 | PA      | $12572327.76   | 0.13%             | 2025-07-23      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| ARES CAPITAL C 3.875% 01/15/26 | ARES CAPITAL CORP REGD 3.87500000                                                               | CUSIP: 04010LAZ6<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |  69179000 | PA      | $68635670.21   | 0.72%             | 2026-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| PACIFICORP 5.45% 02/15/34      | PACIFICORP REGD 5.45000000                                                                      | CUSIP: 695114DD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1940000 | PA      | $1954028.94    | 0.02%             | 2034-02-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| RGA GLOBAL FUN 5.448% 05/24/29 | RGA GLOBAL FUNDING REGD 144A P/P 5.44800000                                                     | CUSIP: 76209PAE3<br>LEI: 549300Y22K5FOEBMSK42 | Long             | DBT              | CORP              | US        |  17755000 | PA      | $18304614.01   | 0.19%             | 2029-05-24      | Fixed         | 5.45%                 | Yes           |                  2 | On Loan: No      |
| MAIN STREET CAPITA 3% 07/14/26 | MAIN STREET CAPITAL CORP REGD 3.00000000                                                        | CUSIP: 56035LAE4<br>LEI: 5493001FS9QJLJNF3E20 | Long             | DBT              | CORP              | US        |  33980000 | PA      | $32876988.81   | 0.34%             | 2026-07-14      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIF  2.55% 02/01/30 | SOUTHERN CALIF GAS CO REGD SER XX 2.55000000                                                    | CUSIP: 842434CU4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1925000 | PA      | $1763520.62    | 0.02%             | 2030-02-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL 5.25% 01/08/27 | HYUNDAI CAPITAL AMERICA REGD 144A P/P 5.25000000                                                | CUSIP: 44891ACT2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  11580000 | PA      | $11660130.94   | 0.12%             | 2027-01-08      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| GSAR 2025-1A A 4.71% 04/15/28  | GLS AUTO SELECT RECEIVABLES TRUST 2025-1 SER 2025-1A CL A2 REGD 144A P/P 4.71000000             | CUSIP: 36271FAB8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  10370000 | PA      | $10400408.99   | 0.11%             | 2030-04-15      | Fixed         | 4.71%                 | Yes           |                  2 | On Loan: No      |
| RGA GLOBAL FUNDI 2.7% 01/18/29 | RGA GLOBAL FUNDING REGD 144A P/P 2.70000000                                                     | CUSIP: 76209PAB9<br>LEI: 549300Y22K5FOEBMSK42 | Long             | DBT              | CORP              | US        |   2280000 | PA      | $2138179.23    | 0.02%             | 2029-01-18      | Fixed         | 2.70%                 | Yes           |                  2 | On Loan: No      |
| SIRIUSPOINT LTD 7% 04/05/29    | SIRIUSPOINT LTD REGD 7.00000000                                                                 | CUSIP: 82969BAA0<br>LEI: 549300OGXFI85N3YZZ51 | Long             | DBT              | CORP              | BM        |  27515000 | PA      | $28523836.92   | 0.30%             | 2029-04-05      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| SYNOPSYS INC 4.55% 04/01/27    | SYNOPSYS INC REGD 4.55000000                                                                    | CUSIP: 871607AA5<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |  22362000 | PA      | $22482342.22   | 0.24%             | 2027-04-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| MCMML 2020-1A A1 V/R 05/20/34  | MONROE CAPITAL MML CLO X LTD SER 2020-1A CL A1R V/R REGD 144A P/P 6.19192000                    | CUSIP: 61034UAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  12410000 | PA      | $12410996.52   | 0.13%             | 2034-05-20      | Variable      | 6.19%                 | Yes           |                  2 | On Loan: No      |
| WEYERHAEUSER CO 4.75% 05/15/26 | WEYERHAEUSER CO REGD 4.75000000                                                                 | CUSIP: 962166CC6<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $2102711.18    | 0.02%             | 2026-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ADVENT HEALTH  2.952% 03/01/29 | ADVENT HEALTH SYSTEM REGD 2.95200000                                                            | CUSIP: 007944AF8<br>LEI: 5493008YM33UCY5QPW83 | Long             | DBT              | CORP              | US        |   1925000 | PA      | $1787782.86    | 0.02%             | 2029-03-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| SDART 2023-5 A 6.31% 06/15/25  | SANTANDER DRIVE AUTO RECEIVABLES TRUST 2023-5 SER 2023-5 CL A2 REGD 6.31000000                  | CUSIP: 80286PAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    519158 | PA      | $519499.29     | 0.01%             | 2027-07-15      | Fixed         | 6.31%                 | No            |                  2 | On Loan: No      |
| T/L STONEPEAK 0% 02/04/2032    | T/L STONEPEAK NILE PARENT LLC  REGD 0.00000000                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |  23995000 | PA      | $23550132.70   | 0.25%             | 2032-02-04      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO 4.55% 02/12/28  | ELI LILLY & CO REGD 4.55000000                                                                  | CUSIP: 532457CU0<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |  47050000 | PA      | $47846156.58   | 0.50%             | 2028-02-12      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| BUNGE LTD FINAN 2.75% 05/14/31 | BUNGE LTD FINANCE CORP REGD 2.75000000                                                          | CUSIP: 120568BC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1910000 | PA      | $1709754.30    | 0.02%             | 2031-05-14      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME C 5.05% 01/13/26 | REALTY INCOME CORP REGD 5.05000000                                                              | CUSIP: 756109BQ6<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |  14480000 | PA      | $14467925.71   | 0.15%             | 2026-01-13      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| T/L ICON PUBLI 0% 07/03/28     | T/L ICON PUBLIC LIMITED        CMMPANY REGD ZCP TERM LOAN 0.00000000                            | CUSIP: L5000DAF4<br>LEI: N/A                  | Long             | LON              | CORP              | IE        |    457083 | PA      | $457275.04     | 0.00%             | 2028-07-03      | Variable      | 6.30%                 | No            |                  2 | On Loan: No      |
| ERAC USA FINANCE L 5% 02/15/29 | ERAC USA FINANCE LLC REGD 144A P/P 5.00000000                                                   | CUSIP: 26884TAY8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2034532.80    | 0.02%             | 2029-02-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| WELLS FARGO & COM V/R 08/15/26 | WELLS FARGO & COMPANY REGD V/R MTN 4.54000000                                                   | CUSIP: 95000U3C5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   7920000 | PA      | $7914054.85    | 0.08%             | 2026-08-15      | Variable      | 4.54%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC V/R 06/04/26 | HSBC HOLDINGS PLC REGD V/R 2.09900000                                                           | CUSIP: 404280CG2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |  33350000 | PA      | $33260721.72   | 0.35%             | 2026-06-04      | Variable      | 2.10%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL  5.684% 02/23/26 | ATHENE GLOBAL FUNDING REGD 144A P/P 5.68400000                                                  | CUSIP: 04685A3S8<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |  35075000 | PA      | $35374245.17   | 0.37%             | 2026-02-23      | Fixed         | 5.68%                 | Yes           |                  2 | On Loan: No      |
| OMFIT 2022-S1  4.13% 08/14/26  | ONEMAIN FINANCIAL ISSUANCE TRUST 2022-S1 SER 2022-S1 CL A REGD 144A P/P 4.13000000              | CUSIP: 68267HAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  13350000 | PA      | $13290900.89   | 0.14%             | 2035-05-14      | Fixed         | 4.13%                 | Yes           |                  2 | On Loan: No      |
| EQUITABLE FINA 4.875% 11/19/27 | EQUITABLE FINANCIAL LIFE REGD 144A P/P 4.87500000                                               | CUSIP: 29449WAR8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1900000 | PA      | $1922859.13    | 0.02%             | 2027-11-19      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| T/L DELOS AIRCRAFT 0% 10/31/27 | T/L DELOS AIRCRAFT DESIGNATED  ACTIVITY COMPANY REGD 0.00000000                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | IE        |  14794875 | PA      | $14789548.58   | 0.15%             | 2027-10-31      | Variable      | 6.05%                 | No            |                  2 | On Loan: No      |
| BX 2025-ROIC A V/R 03/15/27    | BX TRUST 2025-ROIC SER 2025-ROIC CL A V/R REGD 144A P/P 5.46569000                              | CUSIP: 05593VAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  28310000 | PA      | $27757496.38   | 0.29%             | 2030-03-15      | Variable      | 5.47%                 | Yes           |                  2 | On Loan: No      |
| SANTANDER HOLDING V/R 03/09/29 | SANTANDER HOLDINGS USA REGD V/R 6.49900000                                                      | CUSIP: 80282KBF2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2073626.96    | 0.02%             | 2029-03-09      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| ROCHE HOLDINGS 5.265% 11/13/26 | ROCHE HOLDINGS INC REGD 144A P/P 5.26500000                                                     | CUSIP: 771196CE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  32090000 | PA      | $32667204.76   | 0.34%             | 2026-11-13      | Fixed         | 5.26%                 | Yes           |                  2 | On Loan: No      |
| SCENTRE GROUP  3.625% 01/28/26 | SCENTRE GROUP TRUST 1/2 REGD 144A P/P 3.62500000                                                | CUSIP: 80622GAD6<br>LEI: N/A                  | Long             | DBT              | CORP              | AU        |  19215000 | PA      | $19085687.66   | 0.20%             | 2026-01-28      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| VISTRA OPERATI 5.125% 05/13/25 | VISTRA OPERATIONS CO LLC REGD 144A P/P 5.12500000                                               | CUSIP: 92840VAL6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  48049000 | PA      | $48007255.03   | 0.50%             | 2025-05-13      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| REPS 2024-B A 5.42% 11/20/28   | REPUBLIC FINANCE ISSUANCE TRUST 2024-B SER 2024-B CL A REGD 144A P/P 5.42000000                 | CUSIP: 76042GAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  21950000 | PA      | $22214646.76   | 0.23%             | 2037-11-20      | Fixed         | 5.42%                 | Yes           |                  2 | On Loan: No      |
| PPWR 2024-A A 5.89% 08/15/28   | PURCHASING POWER FUNDING 2024-A LLC SER 2024-A CL A REGD 144A P/P 5.89000000                    | CUSIP: 745935AA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  31020000 | PA      | $31263255.74   | 0.33%             | 2028-08-15      | Fixed         | 5.89%                 | Yes           |                  2 | On Loan: No      |
| UBS GROUP AG V/R 01/12/27      | UBS GROUP AG REGD V/R P/P 5.71100000                                                            | CUSIP: 902613AU2<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |  53570000 | PA      | $53919955.13   | 0.56%             | 2027-01-12      | Variable      | 5.71%                 | Yes           |                  2 | On Loan: No      |
| STRAT CREDIT OP 4.25% 04/01/26 | STRAT CREDIT OPP PARTNRS REGD P/P 4.25000000                                                    | CUSIP: 86275#AA1<br>LEI: 5493003CSKFS2RY0JR63 | Long             | DBT              | CORP              | US        |  25095000 | PA      | $24951657.36   | 0.26%             | 2026-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN COASTA 7.25% 12/15/27 | AMERICAN COASTAL INSURAN REGD 7.25000000                                                        | CUSIP: 910710AA0<br>LEI: 5299002P9105LJQA8G51 | Long             | DBT              | CORP              | US        |  26415000 | PA      | $24830100.00   | 0.26%             | 2027-12-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL  5.3% 06/24/29 | HYUNDAI CAPITAL AMERICA REGD 144A P/P 5.30000000                                                | CUSIP: 44891ADC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2013234.54    | 0.02%             | 2029-06-24      | Fixed         | 5.30%                 | Yes           |                  2 | On Loan: No      |
| MERCEDES-BENZ FI 4.8% 11/13/26 | MERCEDES-BENZ FIN NA REGD 144A P/P 4.80000000                                                   | CUSIP: 58769JBB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  31410000 | PA      | $31534050.65   | 0.33%             | 2026-11-13      | Fixed         | 4.80%                 | Yes           |                  2 | On Loan: No      |
| BMW US CAPITAL  4.65% 08/13/26 | BMW US CAPITAL LLC REGD 144A P/P 4.65000000                                                     | CUSIP: 05565ECP8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  21515000 | PA      | $21572147.50   | 0.23%             | 2026-08-13      | Fixed         | 4.65%                 | Yes           |                  2 | On Loan: No      |
| PRINCIPAL LFE GLB  5% 01/16/27 | PRINCIPAL LFE GLB FND II REGD 144A P/P 5.00000000                                               | CUSIP: 74256LEX3<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |  12560000 | PA      | $12710870.72   | 0.13%             | 2027-01-16      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| DUKE ENERGY PR 1.295% 07/01/28 | DUKE ENERGY PROGRESS NC REGD SER A-1 1.29500000                                                 | CUSIP: 26444BAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  30880966 | PA      | $29364800.88   | 0.31%             | 2028-07-01      | Fixed         | 1.29%                 | No            |                  2 | On Loan: No      |
| BHG 2023-B A 6.92% 01/17/30    | BHG SECURITIZATION TRUST 2023-B SER 2023-B CL A REGD 144A P/P 6.92000000                        | CUSIP: 08862GAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   4034271 | PA      | $4215929.74    | 0.04%             | 2036-12-17      | Fixed         | 6.92%                 | Yes           |                  2 | On Loan: No      |
| MASSMUTUAL GLOBA 5.1% 04/09/27 | MASSMUTUAL GLOBAL FUNDIN REGD 144A P/P MTN 5.10000000                                           | CUSIP: 57629W4S6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1924000 | PA      | $1959617.34    | 0.02%             | 2027-04-09      | Fixed         | 5.10%                 | Yes           |                  2 | On Loan: No      |
| MDCP 2020-3A  2.954% 11/20/26  | ELM 2020-3 TRUST SER 2020-3A CL A2 REGD 144A P/P 2.95400000                                     | CUSIP: 289338AB1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2766874 | PA      | $2738492.42    | 0.03%             | 2029-08-20      | Fixed         | 2.95%                 | Yes           |                  2 | On Loan: No      |
| BRIGHTHSE FIN G 5.55% 04/09/27 | BRIGHTHSE FIN GLBL FUND REGD 144A P/P MTN 5.55000000                                            | CUSIP: 10921U2J6<br>LEI: 549300BLFX3KJ2IFOA78 | Long             | DBT              | CORP              | US        |   1925000 | PA      | $1959237.11    | 0.02%             | 2027-04-09      | Fixed         | 5.55%                 | Yes           |                  2 | On Loan: No      |
| HYUNDAI CAPITAL 4.85% 03/25/27 | HYUNDAI CAPITAL AMERICA REGD 144A P/P 4.85000000                                                | CUSIP: 44891ADP9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  18920000 | PA      | $18942355.49   | 0.20%             | 2027-03-25      | Fixed         | 4.85%                 | Yes           |                  2 | On Loan: No      |
| XPLR INFRASTRUCT 2.5% 06/15/26 | XPLR INFRASTRUCTURE LP REGD 144A P/P CONVERTIBLE 2.50000000                                     | CUSIP: 65341BAG1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  22605000 | PA      | $21248700.00   | 0.22%             | 2026-06-15      | Fixed         | 2.50%                 | Yes           |                  2 | On Loan: No      |
| UMBS P#735676 5% 07/01/35      | FANNIE MAE POOL UMBS P#735676 5.00000000                                                        | CUSIP: 31402RJV2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1902611 | PA      | $1921791.89    | 0.02%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NESTLE CAPITAL  4.65% 03/12/29 | NESTLE CAPITAL CORP REGD 144A P/P 4.65000000                                                    | CUSIP: 64105MAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  21220000 | PA      | $21715642.12   | 0.23%             | 2029-03-12      | Fixed         | 4.65%                 | Yes           |                  2 | On Loan: No      |
| BANK OF NEW YORK  V/R 04/20/27 | BANK OF NEW YORK MELLON REGD V/R 4.58700000                                                     | CUSIP: 06405LAF8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  30255000 | PA      | $30368505.57   | 0.32%             | 2027-04-20      | Variable      | 4.59%                 | No            |                  2 | On Loan: No      |
| HEALTH CARE SERV 5.2% 06/15/29 | HEALTH CARE SERVICE CORP REGD 144A P/P 5.20000000                                               | CUSIP: 42218SAK4<br>LEI: 549300TMJ1FKCKECR148 | Long             | DBT              | CORP              | US        |   1910000 | PA      | $1945608.26    | 0.02%             | 2029-06-15      | Fixed         | 5.20%                 | Yes           |                  2 | On Loan: No      |
| HPEFS 2023-2A  6.04% 07/20/25  | HPEFS EQUIPMENT TRUST 2023-2 SER 2023-2A CL A2 REGD 144A P/P 6.04000000                         | CUSIP: 44328UAB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2057348 | PA      | $2061000.17    | 0.02%             | 2031-01-21      | Fixed         | 6.04%                 | Yes           |                  2 | On Loan: No      |
| HAT HOLDINGS I 3.375% 06/15/26 | HAT HOLDINGS I LLC/HAT REGD 144A P/P 3.37500000                                                 | CUSIP: 418751AE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  48540000 | PA      | $47088459.84   | 0.49%             | 2026-06-15      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| WLAKE 2023-4A  6.64% 07/15/26  | WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2023-4 SER 2023-4A CL C REGD 144A P/P 6.64000000          | CUSIP: 96041AAL0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   7040000 | PA      | $7228306.62    | 0.08%             | 2028-11-15      | Fixed         | 6.64%                 | Yes           |                  2 | On Loan: No      |
| MARS INC 4.45% 03/01/27        | MARS INC REGD 144A P/P 4.45000000                                                               | CUSIP: 571676AW5<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |  46820000 | PA      | $47102622.84   | 0.49%             | 2027-03-01      | Fixed         | 4.45%                 | Yes           |                  2 | On Loan: No      |
| CVS HEALTH CORP 5% 02/20/26    | CVS HEALTH CORP REGD 5.00000000                                                                 | CUSIP: 126650DS6<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |  55622000 | PA      | $55744723.27   | 0.58%             | 2026-02-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EF HOLD/EF KY/ 5.875% 04/01/27 | EF HOLD/EF KY/ELL KY/TRS REGD 144A P/P SER QIB 5.87500000                                       | CUSIP: 26845AAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |  25360000 | PA      | $24546557.20   | 0.26%             | 2027-04-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| T/L DAVITA INC ZCP 04/28/28    | T/L DAVITA INC REGD ZCP TERM LOAN 0.00000000                                                    | CUSIP: 23918VBA1<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | LON              | CORP              | US        |  36274051 | PA      | $36115533.08   | 0.38%             | 2028-04-28      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC V/R 08/14/27 | HSBC HOLDINGS PLC REGD V/R 5.88700000                                                           | CUSIP: 404280DZ9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |  25640000 | PA      | $26043014.39   | 0.27%             | 2027-08-14      | Variable      | 5.89%                 | No            |                  2 | On Loan: No      |
| US T BILL ZCP 06/24/25         | UNITED STATES TREASURY BILL ZCP 0.00000000                                                      | CUSIP: 912797PT8<br>LEI: N/A                  | Long             | STIV             | UST               | US        | 112000000 | PA      | $111292600.00  | 1.16%             | 2025-06-24      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & E 3.15% 01/01/26 | PACIFIC GAS & ELECTRIC REGD 3.15000000                                                          | CUSIP: 694308JP3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1935000 | PA      | $1910849.61    | 0.02%             | 2026-01-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| ONDK 2024-2A A 4.98% 10/18/27  | ONDECK ASSET SECURITIZATION TRUST IV LLC SER 2024-2A CL A REGD 144A P/P 4.98000000              | CUSIP: 67108SAD0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  13920000 | PA      | $13787840.74   | 0.14%             | 2031-10-17      | Fixed         | 4.98%                 | Yes           |                  2 | On Loan: No      |
| EART 2025-1A A 4.67% 08/15/26  | EXETER AUTOMOBILE RECEIVABLES TRUST 2025-1 SER 2025-1A CL A3 REGD 4.67000000                    | CUSIP: 30167MAC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  13000000 | PA      | $13021110.70   | 0.14%             | 2028-08-15      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| NAROT 2023-B A 5.93% 11/16/26  | NISSAN AUTO RECEIVABLES 2023-B OWNER TRUST SER 2023-B CL A3 REGD 5.93000000                     | CUSIP: 65480MAD5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   6235000 | PA      | $6290204.69    | 0.07%             | 2028-03-15      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| NATWEST MARKET 4.789% 03/21/28 | NATWEST MARKETS PLC REGD 144A P/P 4.78900000                                                    | CUSIP: 63906YAM0<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |  19015000 | PA      | $19143616.51   | 0.20%             | 2028-03-21      | Fixed         | 4.79%                 | Yes           |                  2 | On Loan: No      |
| COREBRIDGE GLOB 5.75% 07/02/26 | COREBRIDGE GLOB FUNDING REGD 144A P/P 5.75000000                                                | CUSIP: 00138CAU2<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |   1955000 | PA      | $1985127.63    | 0.02%             | 2026-07-02      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| T/L LUMEN TECHNOL ZCP 04/15/30 | T/L LUMEN TECHNOLOGIES INC REGD ZCP TERM LOAN 0.00000000                                        | CUSIP: 55024EAG0<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | LON              | CORP              | US        |   9314293 | PA      | $8860221.00    | 0.09%             | 2030-04-15      | Variable      | 6.79%                 | No            |                  2 | On Loan: No      |
| T/L MPH ACQUIS 0% 12/31/30     | T/L MPH ACQUISITION HOLDINGS   LLC REGD 0.00000000                                              | CUSIP: 55328HAQ4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  31758280 | PA      | $25089040.81   | 0.26%             | 2030-12-31      | Variable      | 9.14%                 | No            |                  2 | On Loan: No      |
| T/L ALLSPRING BUY ZCP 11/01/30 | T/L ALLSPRING BUYER LLC REGD ZCP TERM LOAN 0.00000000                                           | CUSIP: 98922AAE6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  20415138 | PA      | $20345930.94   | 0.21%             | 2030-11-01      | Variable      | 7.31%                 | No            |                  2 | On Loan: No      |
| GCPAF 2021-2A 2.943% 10/19/29  | GOLUB CAPITAL PARTNERS ABS FUNDING 2021-2 LTD SER 2021-2A CL A REGD 144A P/P 2.94360000         | CUSIP: 38178XAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  40732319 | PA      | $40063783.04   | 0.42%             | 2029-10-19      | Fixed         | 2.94%                 | Yes           |                  2 | On Loan: No      |
| MET LIFE GLOB FU 4.4% 06/30/27 | MET LIFE GLOB FUNDING I REGD 144A P/P 4.40000000                                                | CUSIP: 59217GFB0<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |   1945000 | PA      | $1957388.64    | 0.02%             | 2027-06-30      | Fixed         | 4.40%                 | Yes           |                  2 | On Loan: No      |
| PENNANTPARK FLO 4.25% 04/01/26 | PENNANTPARK FLOATING RAT REGD 4.25000000                                                        | CUSIP: 70806AAA4<br>LEI: 529900BH3IP6381K4L72 | Long             | DBT              | CORP              | US        |   4270000 | PA      | $4164049.69    | 0.04%             | 2026-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| JACKSON NATL LI 5.55% 07/02/27 | JACKSON NATL LIFE GLOBAL REGD 144A P/P 5.55000000                                               | CUSIP: 46849LVA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2059000 | PA      | $2101304.52    | 0.02%             | 2027-07-02      | Fixed         | 5.55%                 | Yes           |                  2 | On Loan: No      |
| NAVMT 2024-1 A 5.59% 04/25/26  | NAVISTAR FINANCIAL DEALER NOTE MASTER OWNER TRUST SER 2024-1 CL A REGD 144A P/P 5.59000000      | CUSIP: 63938PBW8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  10242000 | PA      | $10326938.95   | 0.11%             | 2029-04-25      | Fixed         | 5.59%                 | Yes           |                  2 | On Loan: No      |
| UMBS P#889633 5.5% 08/01/37    | FANNIE MAE POOL UMBS P#889633 5.50000000                                                        | CUSIP: 31410KLN2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    114405 | PA      | $117855.34     | 0.00%             | 2037-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HCA INC 5.875% 02/15/26        | HCA INC REGD 5.87500000                                                                         | CUSIP: 404119BS7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  31880000 | PA      | $31961765.19   | 0.33%             | 2026-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| T/L ICON PUBLIC 0% 07/03/28    | T/L ICON PUBLIC LIMITED        COMPANY REGD 0.00000000                                          | CUSIP: L5000DAE7<br>LEI: N/A                  | Long             | LON              | CORP              | IE        |   1834565 | PA      | $1835335.68    | 0.02%             | 2028-07-03      | Variable      | 6.30%                 | No            |                  2 | On Loan: No      |
| CNO GLOBAL FUN 5.875% 06/04/27 | CNO GLOBAL FUNDING REGD 144A P/P MTN 5.87500000                                                 | CUSIP: 18977W2D1<br>LEI: 6354008GTNR4833ULD48 | Long             | DBT              | CORP              | US        |   1910000 | PA      | $1966563.10    | 0.02%             | 2027-06-04      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| PNC FINANCIAL SER V/R 06/12/26 | PNC FINANCIAL SERVICES REGD V/R 5.81200000                                                      | CUSIP: 693475BQ7<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |  15190000 | PA      | $15204153.13   | 0.16%             | 2026-06-12      | Variable      | 5.81%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP V/R 11/04/26 | STATE STREET CORP REGD V/R 5.75100000                                                           | CUSIP: 857477BX0<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |  10085000 | PA      | $10137759.88   | 0.11%             | 2026-11-04      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| CONCENTRIX CORP 6.6% 08/02/28  | CONCENTRIX CORP REGD 6.60000000                                                                 | CUSIP: 20602DAB7<br>LEI: 5493000EAJN1KMPVA737 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2092496.38    | 0.02%             | 2028-08-02      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| AXIS 2024-2A A 5.19% 04/20/28  | AMUR EQUIPMENT FINANCE RECEIVABLES XIV LLC SER 2024-2A CL A2 REGD 144A P/P 5.19000000           | CUSIP: 03238BAB9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  18066296 | PA      | $18223010.04   | 0.19%             | 2031-07-21      | Fixed         | 5.19%                 | Yes           |                  2 | On Loan: No      |
| T/L ELANCO ANIMAL 0% 8/1/27    | T/L ELANCO ANIMAL HEALTH       INCORPORATED REGD 0.00000000                                     | CUSIP: 28414BAF3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  45187669 | PA      | $44890334.05   | 0.47%             | 2027-08-01      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| ACCENTURE CAPIT 4.05% 10/04/29 | ACCENTURE CAPITAL INC REGD 4.05000000                                                           | CUSIP: 00440KAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1987183.66    | 0.02%             | 2029-10-04      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ F 4.65% 04/01/27 | MERCEDES-BENZ FIN NA REGD 144A P/P 4.65000000                                                   | CUSIP: 58769JBC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  57680000 | PA      | $57843750.06   | 0.60%             | 2027-04-01      | Fixed         | 4.65%                 | Yes           |                  2 | On Loan: No      |
| BJETS 2022-1A 4.455% 06/15/28  | BUSINESS JET SECURITIES 2022-1 LLC SER 2022-1A CL A REGD 144A P/P 4.45500000                    | CUSIP: 12327AAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   6189839 | PA      | $6059967.97    | 0.06%             | 2037-06-15      | Fixed         | 4.46%                 | Yes           |                  2 | On Loan: No      |
| OPTN 2022-A A 5.05% 06/09/31   | OPORTUN ISSUANCE TRUST 2022-3 SER 2022-A CL A REGD 144A P/P 5.05000000                          | CUSIP: 68378NAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   6916882 | PA      | $6910505.94    | 0.07%             | 2031-06-09      | Fixed         | 5.05%                 | Yes           |                  2 | On Loan: No      |
| CCG 2025-1 A2 4.48% 10/14/32   | CCG RECEIVABLES TRUST 2025-1 SER 2025-1 CL A2 REGD 144A P/P 4.48000000                          | CUSIP: 12515XAB6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  20650000 | PA      | $20660797.89   | 0.22%             | 2032-10-14      | Fixed         | 4.48%                 | Yes           |                  2 | On Loan: No      |
| HERTZ 2025-1A  4.91% 09/25/28  | HERTZ VEHICLE FINANCING III LLC SER 2025-1A CL A REGD 144A P/P 4.91000000                       | CUSIP: 42806MCT4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  20210000 | PA      | $20241404.32   | 0.21%             | 2029-09-25      | Fixed         | 4.91%                 | Yes           |                  2 | On Loan: No      |
| BMW US CAPITAL  4.65% 03/19/27 | BMW US CAPITAL LLC REGD 144A P/P 4.65000000                                                     | CUSIP: 05565ECU7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  27240000 | PA      | $27386215.06   | 0.29%             | 2027-03-19      | Fixed         | 4.65%                 | Yes           |                  2 | On Loan: No      |
| PNC FINANCIAL SER V/R 10/20/27 | PNC FINANCIAL SERVICES REGD V/R 6.61500000                                                      | CUSIP: 693475BT1<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |  27345000 | PA      | $28163448.43   | 0.29%             | 2027-10-20      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH BANK V/R 07/07/25 | COMMONWEALTH BANK AUST REGD V/R 144A P/P 4.77668400                                             | CUSIP: 2027A0KG3<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |  33540000 | PA      | $33547362.03   | 0.35%             | 2025-07-07      | Variable      | 4.78%                 | Yes           |                  2 | On Loan: No      |
| US T BILL ZCP 05/27/25         | UNITED STATES TREASURY BILL ZCP 0.00000000                                                      | CUSIP: 912797PK7<br>LEI: N/A                  | Long             | STIV             | UST               | US        | 125000000 | PA      | $124620734.05  | 1.30%             | 2025-05-27      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO 4.15% 08/14/27  | ELI LILLY & CO REGD 4.15000000                                                                  | CUSIP: 532457CP1<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |  46200000 | PA      | $46549254.91   | 0.49%             | 2027-08-14      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| AXIS 2024-1A A 5.38% 01/21/31  | AMUR EQUIPMENT FINANCE RECEIVABLES XIII LLC SER 2024-1A CL A2 REGD 144A P/P 5.38000000          | CUSIP: 03237CAB8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  15571864 | PA      | $15716993.99   | 0.16%             | 2031-01-21      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| CVS HEALTH CORP 5.7% 06/01/34  | CVS HEALTH CORP REGD 5.70000000                                                                 | CUSIP: 126650ED8<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   1910000 | PA      | $1939680.96    | 0.02%             | 2034-06-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| PSTAT 2022-1A A1 V/R 04/15/30  | PALMER SQUARE LOAN FUNDING 2022-1 LTD SER 2022-1A CL A1 V/R REGD 144A P/P 5.30610000            | CUSIP: 69701CAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   7878480 | PA      | $7865655.09    | 0.08%             | 2030-04-15      | Variable      | 5.31%                 | Yes           |                  2 | On Loan: No      |
| DEFT 2025-1 A2 4.68% 01/22/27  | DELL EQUIPMENT FINANCE TRUST 2025-1 SER 2025-1 CL A2 REGD 144A P/P 4.68000000                   | CUSIP: 24703UAC7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   8190000 | PA      | $8201466.00    | 0.09%             | 2027-07-22      | Fixed         | 4.68%                 | Yes           |                  2 | On Loan: No      |
| T/L TPF II POWER 0% 10/02/2025 | T/L TPF II POWER LLC TL B 0.00000000                                                            | CUSIP: 87264NAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  20716374 | PA      | $20388433.49   | 0.21%             | 2025-10-02      | Variable      | 9.57%                 | No            |                  2 | On Loan: No      |
| F&G GLOBAL FUN 5.875% 06/10/27 | F&G GLOBAL FUNDING REGD 144A P/P MTN 5.87500000                                                 | CUSIP: 30321L2G6<br>LEI: 6354009CCUKJIZ7KFX73 | Long             | DBT              | CORP              | US        |  34080000 | PA      | $34948666.48   | 0.37%             | 2027-06-10      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| HOLCIM FINANCE U 4.6% 04/07/27 | HOLCIM FINANCE US LLC REGD 144A P/P 4.60000000                                                  | CUSIP: 43475RAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  29770000 | PA      | $29874544.50   | 0.31%             | 2027-04-07      | Fixed         | 4.60%                 | Yes           |                  2 | On Loan: No      |
| CGCC 2014-FL2 C V/R 11/15/31   | CG-CCRE COMMERCIAL MORTGAGE TRUST 2014-FL2 SER 2014-FL2 CL C V/R REGD 144A P/P 7.33634000       | CUSIP: 12528PAC6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  23572538 | PA      | $18984047.19   | 0.20%             | 2031-11-15      | Variable      | 7.34%                 | Yes           |                  2 | On Loan: No      |
| TOYOTA MOTOR CR 5.45% 11/10/27 | TOYOTA MOTOR CREDIT CORP REGD 5.45000000                                                        | CUSIP: 89236TKL8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  33086000 | PA      | $34095358.24   | 0.36%             | 2027-11-10      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINA 4.2% 10/29/25 | CAPITAL ONE FINANCIAL CO REGD 4.20000000                                                        | CUSIP: 14040HBJ3<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        | 111620000 | PA      | $111392334.27  | 1.17%             | 2025-10-29      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| BXMT 2020-FL3 A V/R 11/15/37   | BXMT 2020-FL3 LTD SER 2020-FL3 CL A V/R REGD 144A P/P 6.34261000                                | CUSIP: 05608XAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   7219667 | PA      | $7192178.39    | 0.08%             | 2037-11-15      | Variable      | 6.34%                 | Yes           |                  2 | On Loan: No      |
| OCT41 2019-2A A1 V/R 10/15/33  | OCTAGON INVESTMENT PARTNERS 41 LTD SER 2019-2A CL A1R2 V/R REGD 144A P/P 5.34610000             | CUSIP: 67592FBA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  48100000 | PA      | $47836027.20   | 0.50%             | 2033-10-15      | Variable      | 5.35%                 | Yes           |                  2 | On Loan: No      |
| JOHN DEERE CAPIT 4.9% 03/07/31 | JOHN DEERE CAPITAL CORP REGD MTN 4.90000000                                                     | CUSIP: 24422EXN4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1935000 | PA      | $1982168.20    | 0.02%             | 2031-03-07      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| T/L BCP RENAISSANC 0% 10/31/28 | T/L BCP RENAISSANCE PARENT     L.L.C. 0% 0.00000000                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   9913288 | PA      | $9881069.36    | 0.10%             | 2028-10-31      | Variable      | 7.30%                 | No            |                  2 | On Loan: No      |
| FORDF 2024-3 A1 4.3% 09/15/27  | FORD CREDIT FLOORPLAN MASTER OWNER TRUST A SER 2024-3 CL A1 REGD 144A P/P 4.30000000            | CUSIP: 34528QJK1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  30550000 | PA      | $30571088.67   | 0.32%             | 2029-09-15      | Fixed         | 4.30%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY BA V/R 01/12/29 | MORGAN STANLEY BANK NA REGD V/R 5.01600000                                                      | CUSIP: 61690DK72<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  24600000 | PA      | $24970520.03   | 0.26%             | 2029-01-12      | Variable      | 5.02%                 | No            |                  2 | On Loan: No      |
| T/L BUCKEYE PARTNE 0% 11/01/26 | T/L BUCKEYE PARTNERS L.P. 0% 0.00000000                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   8845973 | PA      | $8841549.91    | 0.09%             | 2026-11-01      | Variable      | 6.07%                 | No            |                  2 | On Loan: No      |
| PACIFIC LIFE GF  4.9% 04/04/28 | PACIFIC LIFE GF II REGD 144A P/P 4.90000000                                                     | CUSIP: 6944PL2S7<br>LEI: 6354003EUPCHXTWUU869 | Long             | DBT              | CORP              | US        |  37490000 | PA      | $38075578.43   | 0.40%             | 2028-04-04      | Fixed         | 4.90%                 | Yes           |                  2 | On Loan: No      |
| ATHENE GLOBAL  5.349% 07/09/27 | ATHENE GLOBAL FUNDING REGD 144A P/P 5.34900000                                                  | CUSIP: 04685A3X7<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |  25000000 | PA      | $25448034.50   | 0.27%             | 2027-07-09      | Fixed         | 5.35%                 | Yes           |                  2 | On Loan: No      |
| FHLMC P#1N0333 V/R 12/01/36    | FREDDIE MAC NON GOLD POOL P#1N0333 V/R 6.36500000                                               | CUSIP: 3128QGLN0<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     11284 | PA      | $11313.09      | 0.00%             | 2036-12-01      | Variable      | 6.37%                 | No            |                  2 | On Loan: No      |
| US T BILL ZCP 05/22/25         | UNITED STATES TREASURY BILL ZCP 0.00000000                                                      | CUSIP: 912797NM5<br>LEI: N/A                  | Long             | STIV             | UST               | US        | 112000000 | PA      | $111724241.06  | 1.17%             | 2025-05-22      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ATLANTIC CITY EL 2.3% 03/15/31 | ATLANTIC CITY ELECTRIC REGD 2.30000000                                                          | CUSIP: 048303CJ8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1920000 | PA      | $1690558.14    | 0.02%             | 2031-03-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| NOVARTIS CAPITAL 4.2% 09/18/34 | NOVARTIS CAPITAL CORP REGD 4.20000000                                                           | CUSIP: 66989HAV0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2102666.30    | 0.02%             | 2034-09-18      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| PIONEER NATURAL  5.1% 03/29/26 | PIONEER NATURAL RESOURCE REGD 5.10000000                                                        | CUSIP: 723787AV9<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | DBT              | CORP              | US        |   2040000 | PA      | $2052376.76    | 0.02%             | 2026-03-29      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COM V/R 03/24/28 | WELLS FARGO & COMPANY REGD V/R MTN 3.52600000                                                   | CUSIP: 95000U2V4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   1925000 | PA      | $1892899.24    | 0.02%             | 2028-03-24      | Variable      | 3.53%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINAN V/R 10/29/27 | CAPITAL ONE FINANCIAL CO REGD V/R 7.14900000                                                    | CUSIP: 14040HDB8<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $10347514.10   | 0.11%             | 2027-10-29      | Variable      | 7.15%                 | No            |                  2 | On Loan: No      |
| FEDERAL REALTY 5.375% 05/01/28 | FEDERAL REALTY OP LP REGD 5.37500000                                                            | CUSIP: 313747BC0<br>LEI: 549300LI6XZ51GOCJ427 | Long             | DBT              | CORP              | US        |   1920000 | PA      | $1963191.28    | 0.02%             | 2028-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| TMUST 2024-1A  5.05% 02/22/27  | T-MOBILE US TRUST 2024-1 SER 2024-1A CL A REGD 144A P/P 5.05000000                              | CUSIP: 87267RAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  12345000 | PA      | $12443684.70   | 0.13%             | 2029-09-20      | Fixed         | 5.05%                 | Yes           |                  2 | On Loan: No      |
| SVENSKA HANDELSB 5.5% 06/15/28 | SVENSKA HANDELSBANKEN AB REGD 144A P/P 5.50000000                                               | CUSIP: 86959LAP8<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | DBT              | CORP              | SE        |  24395000 | PA      | $25148246.61   | 0.26%             | 2028-06-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| AMERICAN EXPRESS  V/R 05/01/26 | AMERICAN EXPRESS CO REGD V/R 4.99000000                                                         | CUSIP: 025816DE6<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   1920000 | PA      | $1920000.00    | 0.02%             | 2026-05-01      | Variable      | 4.99%                 | No            |                  2 | On Loan: No      |
| DPATH 2022-1A A1 V/R 01/15/37  | DEERPATH CAPITAL CLO 2022-1 LTD SER 2022-1A CL A1R V/R REGD 144A P/P 5.95610000                 | CUSIP: 24461BAL1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |  11100000 | PA      | $11135051.58   | 0.12%             | 2037-01-15      | Variable      | 5.96%                 | Yes           |                  2 | On Loan: No      |
| US BANCORP V/R 06/12/29        | US BANCORP REGD V/R 5.77500000                                                                  | CUSIP: 91159HJM3<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |   1910000 | PA      | $1975787.45    | 0.02%             | 2029-06-12      | Variable      | 5.78%                 | No            |                  2 | On Loan: No      |
| REXFORD INDUSTRIAL 5% 06/15/28 | REXFORD INDUSTRIAL REALT REGD 5.00000000                                                        | CUSIP: 76169XAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  29500000 | PA      | $29520911.37   | 0.31%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEUB 2020-38A AR V/R 10/20/35  | NEUBERGER BERMAN LOAN ADVISERS CLO 3 SER 2020-38A CL AR2 V/R REGD 144A P/P 5.22947000           | CUSIP: 64133RAU0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  52000000 | PA      | $51661615.20   | 0.54%             | 2035-10-20      | Variable      | 5.23%                 | Yes           |                  2 | On Loan: No      |
| PHILIP MORRIS  4.875% 02/13/29 | PHILIP MORRIS INTL INC REGD 4.87500000                                                          | CUSIP: 718172DG1<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2032196.82    | 0.02%             | 2029-02-13      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| T/L IQVIA INC 00.00% 01/02/31  | T/L IQVIA INC 0.00000000                                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |  18000000 | PA      | $17973000.00   | 0.19%             | 2031-01-02      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| FORDF 2023-1 A 4.92% 05/15/26  | FORD CREDIT FLOORPLAN MASTER OWNER TRUST A SER 2023-1 CL A1 REGD 144A P/P 4.92000000            | CUSIP: 34528QHV9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  10940000 | PA      | $10988209.30   | 0.11%             | 2028-05-15      | Fixed         | 4.92%                 | Yes           |                  2 | On Loan: No      |
| BX 2022-CSMO A V/R 06/15/27    | BX COMMERCIAL MORTGAGE TRUST 2022-CSMO SER 2022-CSMO CL A V/R REGD 144A P/P 6.43666000          | CUSIP: 05610MAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  18100000 | PA      | $18128281.25   | 0.19%             | 2027-06-15      | Variable      | 6.44%                 | Yes           |                  2 | On Loan: No      |
| EAST OHIO GAS CO 1.3% 06/15/25 | EAST OHIO GAS CO/THE REGD 144A P/P 1.30000000                                                   | CUSIP: 27409LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    505000 | PA      | $502734.85     | 0.01%             | 2025-06-15      | Fixed         | 1.30%                 | Yes           |                  2 | On Loan: No      |
| FHLMC P#1Q0072 V/R 04/01/36    | FREDDIE MAC NON GOLD POOL P#1Q0072 V/R 6.91600000                                               | CUSIP: 3128S4CH8<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     10740 | PA      | $10897.50      | 0.00%             | 2036-04-01      | Variable      | 6.92%                 | No            |                  2 | On Loan: No      |
| BX 2022-LP2 A V/R 02/15/24     | BX COMMERCIAL MORTGAGE TRUST 2022-LP2 SER 2022-LP2 CL A V/R REGD 144A P/P 5.33476000            | CUSIP: 05610HAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  33166906 | PA      | $33115082.67   | 0.35%             | 2039-02-15      | Variable      | 5.33%                 | Yes           |                  2 | On Loan: No      |
| BAE SYSTEMS PLC 5% 03/26/27    | BAE SYSTEMS PLC REGD 144A P/P 5.00000000                                                        | CUSIP: 05523RAH0<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | DBT              | CORP              | GB        |  11105000 | PA      | $11250493.49   | 0.12%             | 2027-03-26      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| HUNTINGTON BANCSH V/R 08/04/28 | HUNTINGTON BANCSHARES REGD V/R 4.44300000                                                       | CUSIP: 446150BB9<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |  18414000 | PA      | $18297564.60   | 0.19%             | 2028-08-04      | Variable      | 4.44%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROU 4.95% 03/25/27 | VOLKSWAGEN GROUP AMERICA REGD 144A P/P 4.95000000                                               | CUSIP: 928668CN0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  18870000 | PA      | $18927820.89   | 0.20%             | 2027-03-25      | Fixed         | 4.95%                 | Yes           |                  2 | On Loan: No      |
| EFF 2025-2 A2 4.51% 07/20/27   | ENTERPRISE FLEET FINANCING 2025-2 LLC SER 2025-2 CL A2 REGD 144A P/P 4.51000000                 | CUSIP: 29375TAB8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  18000000 | PA      | $17998200.00   | 0.19%             | 2028-02-22      | Fixed         | 4.51%                 | Yes           |                  2 | On Loan: No      |
| T/L DELTA AIR 0% 10/20/2027    | T/L DELTA AIR LINES INC REGD 0.00000000                                                         | CUSIP: 24736CBS2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  18343594 | PA      | $18477318.40   | 0.19%             | 2027-10-20      | Variable      | 8.02%                 | No            |                  2 | On Loan: No      |
| WFLF 2023-2A A 6.46% 08/19/24  | WHEELS FLEET LEASE FUNDING 1 LLC SER 2023-2A CL A REGD 144A P/P 6.46000000                      | CUSIP: 96328GBG1<br>LEI: 549300BSFY0E0XXREF43 | Long             | ABS-CBDO         | CORP              | US        |   8132657 | PA      | $8258640.09    | 0.09%             | 2038-08-18      | Fixed         | 6.46%                 | Yes           |                  2 | On Loan: No      |
| ROCHE HOLDINGS 4.203% 09/09/29 | ROCHE HOLDINGS INC REGD 144A P/P 4.20300000                                                     | CUSIP: 771196CP5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  18145000 | PA      | $18194365.83   | 0.19%             | 2029-09-09      | Fixed         | 4.20%                 | Yes           |                  2 | On Loan: No      |
| NESTLE HOLDINGS IN 5% 03/14/28 | NESTLE HOLDINGS INC REGD 144A P/P 5.00000000                                                    | CUSIP: 641062BF0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1930000 | PA      | $1984223.56    | 0.02%             | 2028-03-14      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| BLUE OWL TECHNO 4.75% 12/15/25 | BLUE OWL TECHNOLOGY FINA REGD 144A P/P 4.75000000                                               | CUSIP: 691205AC2<br>LEI: 254900G5EZJSOD3UKL16 | Long             | DBT              | CORP              | US        |  44264000 | PA      | $44020733.02   | 0.46%             | 2025-12-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| KCOT 2024-1A A 5.19% 11/15/27  | KUBOTA CREDIT OWNER TRUST 2024-1 SER 2024-1A CL A3 REGD 144A P/P 5.19000000                     | CUSIP: 50117BAC4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   9275000 | PA      | $9401421.96    | 0.10%             | 2028-07-17      | Fixed         | 5.19%                 | Yes           |                  2 | On Loan: No      |
| KEURIG DR PEPPE 4.35% 05/15/28 | KEURIG DR PEPPER INC REGD 4.35000000                                                            | CUSIP: 49271VAZ3<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |  23580000 | PA      | $23623803.62   | 0.25%             | 2028-05-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| SHNTN 2015-1A  4.75% 11/15/27  | SHENTON AIRCRAFT INVESTMENT I LTD SER 2015-1A CL A REGD 144A P/P 4.75000000                     | CUSIP: 82321UAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6802993 | PA      | $6604686.61    | 0.07%             | 2042-10-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| GUARDIAN LIFE  4.798% 04/28/30 | GUARDIAN LIFE GLOB FUND REGD 144A P/P 4.79800000                                                | CUSIP: 40139LBK8<br>LEI: 635400NHILJ5JEKILC36 | Long             | DBT              | CORP              | US        |  24485000 | PA      | $24809176.75   | 0.26%             | 2030-04-28      | Fixed         | 4.80%                 | Yes           |                  2 | On Loan: No      |
| RGA GLOBAL FUNDING 6% 11/21/28 | RGA GLOBAL FUNDING REGD 144A P/P 6.00000000                                                     | CUSIP: 76209PAC7<br>LEI: 549300Y22K5FOEBMSK42 | Long             | DBT              | CORP              | US        |  16160000 | PA      | $16977594.52   | 0.18%             | 2028-11-21      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| AMERICAN NATION 5.75% 10/01/29 | AMERICAN NATIONAL GROUP REGD 5.75000000                                                         | CUSIP: 025676AN7<br>LEI: 549300RK5RZQ740FPL83 | Long             | DBT              | CORP              | US        |   8018000 | PA      | $8148704.71    | 0.09%             | 2029-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| WOODSIDE FINANCE 3.7% 09/15/26 | WOODSIDE FINANCE LTD REGD 144A P/P 3.70000000                                                   | CUSIP: 980236AN3<br>LEI: N/A                  | Long             | DBT              | CORP              | AU        |  10072000 | PA      | $9972319.03    | 0.10%             | 2026-09-15      | Fixed         | 3.70%                 | Yes           |                  2 | On Loan: No      |
| BLUE OWL CREDI 3.125% 09/23/26 | BLUE OWL CREDIT INCOME REGD SER * 3.12500000                                                    | CUSIP: 69120VAM3<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |  18000000 | PA      | $17338611.06   | 0.18%             | 2026-09-23      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| TPDC 2023-1A A2 6% 06/25/26    | TIERPOINT ISSUER LLC SER 2023-1A CL A2 REGD 144A P/P 6.00000000                                 | CUSIP: 88651CAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2218333 | PA      | $2221616.91    | 0.02%             | 2053-06-25      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| BANK OF AMERICA C V/R 07/22/26 | BANK OF AMERICA CORP REGD V/R MTN 4.82700000                                                    | CUSIP: 06051GLA5<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  48172000 | PA      | $48182734.65   | 0.50%             | 2026-07-22      | Variable      | 4.83%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CR 4.55% 08/07/26 | TOYOTA MOTOR CREDIT CORP REGD MTN 4.55000000                                                    | CUSIP: 89236TMJ1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  17090000 | PA      | $17157608.89   | 0.18%             | 2026-08-07      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| F&G GLOBAL FUND 1.75% 06/30/26 | F&G GLOBAL FUNDING REGD 144A P/P 1.75000000                                                     | CUSIP: 30321L2A9<br>LEI: 6354009CCUKJIZ7KFX73 | Long             | DBT              | CORP              | US        |   1925000 | PA      | $1865356.19    | 0.02%             | 2026-06-30      | Fixed         | 1.75%                 | Yes           |                  2 | On Loan: No      |
| MPLX LP 1.75% 03/01/26         | MPLX LP REGD 1.75000000                                                                         | CUSIP: 55336VBR0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1915000 | PA      | $1865731.40    | 0.02%             | 2026-03-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| BANK OF NEW ZE 4.846% 02/07/28 | BANK OF NEW ZEALAND REGD 144A P/P 4.84600000                                                    | CUSIP: 06407EAG0<br>LEI: N/A                  | Long             | DBT              | CORP              | NZ        |  19870000 | PA      | $20129638.31   | 0.21%             | 2028-02-07      | Fixed         | 4.85%                 | Yes           |                  2 | On Loan: No      |
| AGCO CORP 5.45% 03/21/27       | AGCO CORP REGD 5.45000000                                                                       | CUSIP: 001084AR3<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | DBT              | CORP              | US        |  24855000 | PA      | $25070739.66   | 0.26%             | 2027-03-21      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| BLP 2023-IND A V/R 03/15/28    | BLP COMMERCIAL MORTGAGE TRUST 2023-IND SER 2023-IND CL A V/R REGD 144A P/P 6.01386000           | CUSIP: 055531AA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   9350000 | PA      | $9259476.11    | 0.10%             | 2040-03-15      | Variable      | 6.01%                 | Yes           |                  2 | On Loan: No      |
| OXFIN 2022-1A 3.602% 03/15/25  | OXFORD FINANCE FUNDING 2022-1 LLC SER 2022-1A CL A2 REGD 144A P/P 3.60200000                    | CUSIP: 69145BAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  16043254 | PA      | $15772320.60   | 0.16%             | 2030-02-15      | Fixed         | 3.60%                 | Yes           |                  2 | On Loan: No      |
| CFII 2023-1A A 5.65% 05/15/26  | CHESAPEAKE FUNDING II LLC SER 2023-1A CL A1 REGD 144A P/P 5.65000000                            | CUSIP: 165183CU6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   6693991 | PA      | $6732640.70    | 0.07%             | 2035-05-15      | Fixed         | 5.65%                 | Yes           |                  2 | On Loan: No      |
| NATIONAL RURAL U 2.4% 03/15/30 | NATIONAL RURAL UTIL COOP REGD 2.40000000                                                        | CUSIP: 637432NV3<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |   1920000 | PA      | $1745210.86    | 0.02%             | 2030-03-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| SEACO 2020-1A  2.17% 03/18/30  | GLOBAL SC FINANCE VII SRL SER 2020-1A CL A REGD 144A P/P 2.17000000                             | CUSIP: 37959PAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | BB        |  14121446 | PA      | $13361269.18   | 0.14%             | 2040-10-17      | Fixed         | 2.17%                 | Yes           |                  2 | On Loan: No      |
| MERCEDES-BENZ  4.875% 07/31/26 | MERCEDES-BENZ FIN NA REGD 144A P/P 4.87500000                                                   | CUSIP: 58769JAT4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  37185000 | PA      | $37372430.99   | 0.39%             | 2026-07-31      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| NEXTERA ENERGY 5.749% 09/01/25 | NEXTERA ENERGY CAPITAL REGD 5.74900000                                                          | CUSIP: 65339KBS8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  86222000 | PA      | $86491184.22   | 0.90%             | 2025-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PACIFIC LIFE GF  4.5% 08/28/29 | PACIFIC LIFE GF II REGD 144A P/P 4.50000000                                                     | CUSIP: 6944PL3C1<br>LEI: 6354003EUPCHXTWUU869 | Long             | DBT              | CORP              | US        |  14300000 | PA      | $14324985.82   | 0.15%             | 2029-08-28      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| DUKE ENERGY OH 2.125% 06/01/30 | DUKE ENERGY OHIO INC REGD 2.12500000                                                            | CUSIP: 26442EAH3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1910000 | PA      | $1709174.35    | 0.02%             | 2030-06-01      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS F 5.4% 04/06/26 | GENERAL MOTORS FINL CO REGD 5.40000000                                                          | CUSIP: 37045XEF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  23920000 | PA      | $23968899.42   | 0.25%             | 2026-04-06      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA C V/R 04/24/28 | BANK OF AMERICA CORP REGD V/R MTN 3.70500000                                                    | CUSIP: 06051GGL7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1920000 | PA      | $1892421.64    | 0.02%             | 2028-04-24      | Variable      | 3.71%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA  5.25% 07/07/26 | AMERICAN HONDA FINANCE REGD MTN SER GMTN 5.25000000                                             | CUSIP: 02665WEK3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2019998.38    | 0.02%             | 2026-07-07      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIF 5.209% 04/14/26 | PROTECTIVE LIFE GLOBAL REGD 144A P/P 5.20900000                                                 | CUSIP: 74368CBS2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1925000 | PA      | $1939325.20    | 0.02%             | 2026-04-14      | Fixed         | 5.21%                 | Yes           |                  2 | On Loan: No      |
| US T BILL ZCP 10/09/25         | UNITED STATES TREASURY BILL ZCP 0.00000000                                                      | CUSIP: 912797QE0<br>LEI: N/A                  | Long             | STIV             | UST               | US        |   5400000 | PA      | $5301794.03    | 0.06%             | 2025-10-09      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND  4.45% 10/01/25 | AERCAP IRELAND CAP/GLOBA REGD 4.45000000                                                        | CUSIP: 00774MAG0<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |  27473000 | PA      | $27421218.34   | 0.29%             | 2025-10-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| VFI 2023-1A A 7.27% 04/24/26   | VFI ABS 2023-1 LLC SER 2023-1A CL A REGD 144A P/P 7.27000000                                    | CUSIP: 92555QAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2287383 | PA      | $2301145.23    | 0.02%             | 2029-03-26      | Fixed         | 7.27%                 | Yes           |                  2 | On Loan: No      |
| CARGILL INC 4.625% 02/11/28    | CARGILL INC REGD 144A P/P 4.62500000                                                            | CUSIP: 141781CE2<br>LEI: QXZYQNMR4JZ5RIRN4T31 | Long             | DBT              | CORP              | US        |  27600000 | PA      | $27918971.27   | 0.29%             | 2028-02-11      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| ORL 2024-GLKS A V/R 12/15/29   | ORL TRUST 2024-GLKS SER 2024-GLKS CL A V/R REGD 144A P/P 5.81436000                             | CUSIP: 67120DAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  14870000 | PA      | $14777062.50   | 0.15%             | 2039-12-15      | Variable      | 5.81%                 | Yes           |                  2 | On Loan: No      |
| GUARDIAN LIFE  4.179% 09/26/29 | GUARDIAN LIFE GLOB FUND REGD 144A P/P MTN 4.17900000                                            | CUSIP: 40139LBJ1<br>LEI: 635400NHILJ5JEKILC36 | Long             | DBT              | CORP              | US        |  41635000 | PA      | $41357268.32   | 0.43%             | 2029-09-26      | Fixed         | 4.18%                 | Yes           |                  2 | On Loan: No      |
| ARBOR REALTY TRUST 5% 04/30/26 | ARBOR REALTY TRUST INC REGD 5.00000000                                                          | CUSIP: 038923AW8<br>LEI: 549300ASFUWYQO0RW077 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $9650150.80    | 0.10%             | 2026-04-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HTS 2021-1 A 1.411% 08/23/23   | HTS FUND I LLC SER 2021-1 CL A REGD 144A P/P 1.41100000                                         | CUSIP: 40456HAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  13472988 | PA      | $11954556.41   | 0.13%             | 2036-08-25      | Fixed         | 1.41%                 | Yes           |                  2 | On Loan: No      |
| EDISON INTERNATIONA V/R /PERP/ | EDISON INTERNATIONAL REGD V/R /PERP/ SER A 5.37500000                                           | CUSIP: 281020AS6<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |  61690000 | PA      | $57821642.18   | 0.60%             | 2173-09-15      | Variable      | 5.38%                 | No            |                  2 | On Loan: No      |
| MHC 2021-MHC A V/R 04/15/26    | MHC COMMERCIAL MORTGAGE TRUST 2021-MHC SER 2021-MHC CL A V/R REGD 144A P/P 5.23744200           | CUSIP: 55316VAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   4157111 | PA      | $4151914.75    | 0.04%             | 2038-04-15      | Variable      | 5.24%                 | Yes           |                  2 | On Loan: No      |
| GMREV 2023-2 A 5.77% 11/13/28  | GM FINANCIAL REVOLVING RECEIVABLES TRUST 2023-2 SER 2023-2 CL A REGD 144A P/P 5.77000000        | CUSIP: 36268DAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  10900000 | PA      | $11405113.63   | 0.12%             | 2036-08-11      | Fixed         | 5.77%                 | Yes           |                  2 | On Loan: No      |
| DTRT 2023-1 A3 5.9% 03/15/27   | DAIMLER TRUCKS RETAIL TRUST 2023-1 SER 2023-1 CL A3 REGD 5.90000000                             | CUSIP: 233868AC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   9746858 | PA      | $9805320.33    | 0.10%             | 2027-03-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| BLACKROCK TCP C 6.95% 05/30/29 | BLACKROCK TCP CAP CORP REGD 6.95000000                                                          | CUSIP: 09259EAC2<br>LEI: 549300JU1XG1HF56J989 | Long             | DBT              | CORP              | US        |  16000000 | PA      | $16036370.08   | 0.17%             | 2029-05-30      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| AMS-OSRAM AG 12.25% 03/30/29   | AMS-OSRAM AG REGD 144A P/P 12.25000000                                                          | CUSIP: 03217CAB2<br>LEI: 5299001JPPT2QFTV5D76 | Long             | DBT              | CORP              | AT        |  16565000 | PA      | $16785062.55   | 0.18%             | 2029-03-30      | Fixed         | 12.25%                | Yes           |                  2 | On Loan: No      |
| CAALT 2024-3A  4.68% 08/16/27  | CREDIT ACCEPTANCE AUTO LOAN TRUST 2024-3 SER 2024-3A CL A REGD 144A P/P 4.68000000              | CUSIP: 22535LAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  17680000 | PA      | $17751577.48   | 0.19%             | 2034-09-15      | Fixed         | 4.68%                 | Yes           |                  2 | On Loan: No      |
| WOODS 2019-18A A V/R 05/20/32  | NORTHWOODS CAPITAL XVIII LTD SER 2019-18A CL AR V/R REGD 144A P/P 5.68353000                    | CUSIP: 66860MAN1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  25865923 | PA      | $25843220.45   | 0.27%             | 2032-05-20      | Variable      | 5.68%                 | Yes           |                  2 | On Loan: No      |
| PARLI 2021-2A A V/R 08/20/32   | PARLIAMENT CLO II LTD SER 2021-2A CL A V/R REGD 144A P/P 5.93353000                             | CUSIP: 701631AA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2375624 | PA      | $2375630.35    | 0.02%             | 2032-08-20      | Variable      | 5.93%                 | Yes           |                  2 | On Loan: No      |
| ROCHE HOLDINGS 5.338% 11/13/28 | ROCHE HOLDINGS INC REGD 144A P/P 5.33800000                                                     | CUSIP: 771196CF7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1915000 | PA      | $1987627.73    | 0.02%             | 2028-11-13      | Fixed         | 5.34%                 | Yes           |                  2 | On Loan: No      |
| RBIT 2021-HB1 A V/R 11/25/31   | RMF BUYOUT ISSUANCE TRUST 2021-HB1 SER 2021-HB1 CL A V/R REGD 144A P/P 1.25860000               | CUSIP: 74969TAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    683352 | PA      | $681124.05     | 0.01%             | 2031-11-25      | Variable      | 1.26%                 | Yes           |                  2 | On Loan: No      |
| BANCO SANTANDER S V/R 03/14/28 | BANCO SANTANDER SA REGD V/R SER * 5.55200000                                                    | CUSIP: 05964HBA2<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |  17000000 | PA      | $17260708.60   | 0.18%             | 2028-03-14      | Variable      | 5.55%                 | No            |                  2 | On Loan: No      |
| FLX 2021-1A A2 3.25% 11/25/26  | FLEXENTIAL ISSUER 2021-1 SER 2021-1A CL A2 REGD 144A P/P 3.25000000                             | CUSIP: 33938MAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  50300000 | PA      | $47958580.27   | 0.50%             | 2051-11-27      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| US TREAS NTS 4.875% 10/31/28   | UNITED STATES TREASURY NOTE 4.87500000                                                          | CUSIP: 91282CJF9<br>LEI: N/A                  | Long             | DBT              | UST               | US        |  23540000 | PA      | $24491714.90   | 0.26%             | 2028-10-31      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| KOMATSU FINANC 5.499% 10/06/27 | KOMATSU FINANCE AMERICA REGD 144A P/P 5.49900000                                                | CUSIP: 50048WAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2040000 | PA      | $2092361.78    | 0.02%             | 2027-10-06      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| NFMOT 2024-2A  4.42% 09/15/27  | NEXTGEAR FLOORPLAN MASTER OWNER TRUST SER 2024-2A CL A2 REGD 144A P/P 4.42000000                | CUSIP: 65341KCC8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  27500000 | PA      | $27572556.00   | 0.29%             | 2029-09-15      | Fixed         | 4.42%                 | Yes           |                  2 | On Loan: No      |
| CATERPILLAR FIN 4.45% 10/16/26 | CATERPILLAR FINL SERVICE REGD 4.45000000                                                        | CUSIP: 14913UAN0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9240000 | PA      | $9308666.23    | 0.10%             | 2026-10-16      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GRO V/R 04/23/28 | GOLDMAN SACHS GROUP INC REGD V/R 4.93700000                                                     | CUSIP: 38141GC77<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |  16355000 | PA      | $16504034.61   | 0.17%             | 2028-04-23      | Variable      | 4.94%                 | No            |                  2 | On Loan: No      |
| LIFE 2022-BMR2 A V/R 05/15/24  | LIFE 2022-BMR MORTGAGE TRUST SER 2022-BMR2 CL A1 V/R REGD 144A P/P 5.61710000                   | CUSIP: 53218DAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  23600000 | PA      | $22818250.00   | 0.24%             | 2039-05-15      | Variable      | 5.62%                 | Yes           |                  2 | On Loan: No      |
| ELB 5A AR V/R 06/15/34         | BLACKROCK ELBERT CLO V LLC/KY SER 5A CL AR V/R REGD 144A P/P 6.14928000                         | CUSIP: 092913AC6<br>LEI: 54930088K41XQK16ML36 | Long             | ABS-CBDO         | CORP              | US        |  12406903 | PA      | $12402901.47   | 0.13%             | 2034-06-15      | Variable      | 6.15%                 | Yes           |                  2 | On Loan: No      |
| AMERICAN TOWER  5.49% 03/15/28 | AMERICAN TOWER TRUST I REGD 144A P/P 5.49000000                                                 | CUSIP: 03027WAM4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9290000 | PA      | $9452100.28    | 0.10%             | 2028-03-15      | Fixed         | 5.49%                 | Yes           |                  2 | On Loan: No      |
| UMBS P#AL2472 6.5% 06/01/40    | FANNIE MAE POOL UMBS P#AL2472 6.50000000                                                        | CUSIP: 3138EJXA1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    580319 | PA      | $613149.84     | 0.01%             | 2040-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SIDC 2020-1A  1.893% 08/25/25  | STACK INFRASTRUCTURE ISSUER LLC SER 2020-1A CL A2 REGD 144A P/P 1.89300000                      | CUSIP: 85236KAD4<br>LEI: 254900AV7V87H3A2WM57 | Long             | ABS-CBDO         | CORP              | US        |  19160000 | PA      | $18941279.02   | 0.20%             | 2045-08-25      | Fixed         | 1.89%                 | Yes           |                  2 | On Loan: No      |
| ATHENE GLOBAL FUN V/R 03/06/28 | ATHENE GLOBAL FUNDING REGD V/R 144A P/P 5.31693200                                              | CUSIP: 04685A4M0<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |  22035000 | PA      | $21917843.21   | 0.23%             | 2028-03-06      | Variable      | 5.32%                 | Yes           |                  2 | On Loan: No      |
| NEW YORK LIFE GL 4.4% 04/25/28 | NEW YORK LIFE GLOBAL FDG REGD 144A P/P MTN 4.40000000                                           | CUSIP: 64953BBW7<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |  27190000 | PA      | $27413136.91   | 0.29%             | 2028-04-25      | Fixed         | 4.40%                 | Yes           |                  2 | On Loan: No      |
| CCG 2023-2 A2 6.28% 03/14/27   | CCG RECEIVABLES TRUST SER 2023-2 CL A2 REGD 144A P/P 6.28000000                                 | CUSIP: 12511QAB5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   5159424 | PA      | $5232160.67    | 0.05%             | 2032-04-14      | Fixed         | 6.28%                 | Yes           |                  2 | On Loan: No      |
| AERCAP IRELAND C 6.5% 07/15/25 | AERCAP IRELAND CAP/GLOBA REGD 6.50000000                                                        | CUSIP: 00774MAN5<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |  23075000 | PA      | $23109448.21   | 0.24%             | 2025-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| US T BILL ZCP 06/20/25         | UNITED STATES TREASURY BILL ZCP 0.00000000                                                      | CUSIP: 912797NV5<br>LEI: N/A                  | Long             | STIV             | UST               | US        | 112000000 | PA      | $111346488.94  | 1.16%             | 2025-06-20      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| 7-ELEVEN INC 0.95% 02/10/26    | 7-ELEVEN INC REGD 144A P/P 0.95000000                                                           | CUSIP: 817826AC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2190000 | PA      | $2126387.05    | 0.02%             | 2026-02-10      | Fixed         | 0.95%                 | Yes           |                  2 | On Loan: No      |
| BLACK HILLS CORP 2.5% 06/15/30 | BLACK HILLS CORP REGD 2.50000000                                                                | CUSIP: 092113AT6<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |   1905000 | PA      | $1699543.79    | 0.02%             | 2030-06-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| F/C US 5YR NOTE (CBT) JUN25    | FUTURE CONTRACT ON           US 5YR NOTE (CBT) JUN25 0.00000000                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |     -3300 | NC      | $-360344532.90 | -3.77%            |  |  |  | No            |                  1 | On Loan: No      |
| MFIT 2023-AA A 6.7% 09/21/26   | MARINER FINANCE ISSUANCE TRUST 2023-A SER 2023-AA CL A REGD 144A P/P 6.70000000                 | CUSIP: 56847FAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  14800000 | PA      | $14935267.56   | 0.16%             | 2035-10-22      | Fixed         | 6.70%                 | Yes           |                  2 | On Loan: No      |
| SUTTER HEALTH 1.321% 08/15/25  | SUTTER HEALTH REGD SER 20A 1.32100000                                                           | CUSIP: 86944BAF0<br>LEI: 549300MJCC12LU768G81 | Long             | DBT              | CORP              | US        |  60630000 | PA      | $60024573.68   | 0.63%             | 2025-08-15      | Fixed         | 1.32%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ 1.412% 07/17/25 | MITSUBISHI UFJ FIN GRP REGD 1.41200000                                                          | CUSIP: 606822BS2<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |  39660000 | PA      | $39389801.18   | 0.41%             | 2025-07-17      | Fixed         | 1.41%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPER 5.926% 10/02/26 | CANADIAN IMPERIAL BANK REGD 5.92600000                                                          | CUSIP: 13607LWT6<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |  16915000 | PA      | $17268354.69   | 0.18%             | 2026-10-02      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS  1.25% 01/08/26 | GENERAL MOTORS FINL CO REGD 1.25000000                                                          | CUSIP: 37045XDD5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  60645000 | PA      | $59152228.78   | 0.62%             | 2026-01-08      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| T/L MIDCONTINENT 0% 08/17/26   | T/L MIDCONTINENT               COMMUNICATIONS REGD 0.00000000                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |  22292975 | PA      | $22209376.34   | 0.23%             | 2031-08-16      | Variable      | 6.83%                 | No            |                  2 | On Loan: No      |
| SPGN 2022-TFLM A V/R 02/25/27  | SPGN 2022-TFLM MORTGAGE TRUST SER 2022-TFLM CL A V/R REGD 144A P/P 5.87186000                   | CUSIP: 78473HAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  46350000 | PA      | $45771857.91   | 0.48%             | 2039-02-15      | Variable      | 5.87%                 | Yes           |                  2 | On Loan: No      |
| SANTANDER HOLDING V/R 09/09/26 | SANTANDER HOLDINGS USA REGD V/R 5.80700000                                                      | CUSIP: 80282KBE5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  13474000 | PA      | $13514284.16   | 0.14%             | 2026-09-09      | Variable      | 5.81%                 | No            |                  2 | On Loan: No      |
| ARES CAPITAL CO 2.15% 07/15/26 | ARES CAPITAL CORP REGD 2.15000000                                                               | CUSIP: 04010LBA0<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |  12538000 | PA      | $12091204.49   | 0.13%             | 2026-07-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| T/L CHARTER COMMUN 0% 12/07/30 | T/L CHARTER COMMUNICATIONS     OPERATING LLC REGD 0.00000000                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |  61130573 | PA      | $60757065.09   | 0.64%             | 2030-12-07      | Variable      | 6.30%                 | No            |                  2 | On Loan: No      |
| PRA HEALTH SCI 2.875% 07/15/26 | PRA HEALTH SCIENCES INC REGD 144A P/P 2.87500000                                                | CUSIP: 45569KAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  44811000 | PA      | $43500278.25   | 0.45%             | 2026-07-15      | Fixed         | 2.88%                 | Yes           |                  2 | On Loan: No      |
| NORTHWESTERN MU 5.07% 03/25/27 | NORTHWESTERN MUTUAL GLBL REGD 144A P/P 5.07000000                                               | CUSIP: 66815L2R9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  38945000 | PA      | $39538542.05   | 0.41%             | 2027-03-25      | Fixed         | 5.07%                 | Yes           |                  2 | On Loan: No      |
| SANTANDER HOLDIN 4.5% 07/17/25 | SANTANDER HOLDINGS USA REGD 4.50000000                                                          | CUSIP: 80282KAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  51698000 | PA      | $51615192.21   | 0.54%             | 2025-07-17      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PFSFC 2025-A A V/R 01/15/27    | PFS FINANCING CORP SER 2025-A CL A V/R REGD 144A P/P 4.99471000                                 | CUSIP: 69335PFS9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  14090000 | PA      | $14043259.24   | 0.15%             | 2029-01-15      | Variable      | 4.99%                 | Yes           |                  2 | On Loan: No      |
| PRICOA GLOBAL FU 4.4% 08/27/27 | PRICOA GLOBAL FUNDING 1 REGD 144A P/P 4.40000000                                                | CUSIP: 74153WCU1<br>LEI: 635400IBXEBMD9ADYA79 | Long             | DBT              | CORP              | US        |  12685000 | PA      | $12705796.30   | 0.13%             | 2027-08-27      | Fixed         | 4.40%                 | Yes           |                  2 | On Loan: No      |
| SDART 2025-2 A 4.67% 08/16/27  | SANTANDER DRIVE AUTO RECEIVABLES TRUST 2025-2 SER 2025-2 CL A3 REGD 4.67000000                  | CUSIP: 80287NAC9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  26350000 | PA      | $26489570.68   | 0.28%             | 2029-08-15      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES 4.75% 10/20/28 | DELTA AIR LINES/SKYMILES REGD 144A P/P 4.75000000                                               | CUSIP: 830867AB3<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |   7055000 | PA      | $7012320.99    | 0.07%             | 2028-10-20      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| ROYAL BANK OF CAN V/R 03/27/28 | ROYAL BANK OF CANADA REGD V/R MTN SER GMTN 4.71500000                                           | CUSIP: 78017DAF5<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |  64445000 | PA      | $64840196.07   | 0.68%             | 2028-03-27      | Variable      | 4.71%                 | No            |                  2 | On Loan: No      |
| MCIP 2022-1A A 4.05% 04/30/32  | MONROE CAPITAL INCOME PLUS ABS FUNDING LLC SER 2022-1A CL A REGD 144A P/P 4.05000000            | CUSIP: 61033MAB0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  33974431 | PA      | $33093532.08   | 0.35%             | 2032-04-30      | Fixed         | 4.05%                 | Yes           |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP 3.2% 09/26/26 | VOLKSWAGEN GROUP AMERICA REGD 144A P/P 3.20000000                                               | CUSIP: 928668BB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  46749000 | PA      | $45686710.79   | 0.48%             | 2026-09-26      | Fixed         | 3.20%                 | Yes           |                  2 | On Loan: No      |
| T/L MPH ACQUISIT 0% 12/31/30   | T/L MPH ACQUISITION HOLDINGS   LLC REGD 0.00000000                                              | CUSIP: 55328HAP6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3831208 | PA      | $3773739.88    | 0.04%             | 2030-12-31      | Variable      | 8.03%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE GLOB  5.9% 09/19/28 | COREBRIDGE GLOB FUNDING REGD 144A P/P 5.90000000                                                | CUSIP: 00138CAV0<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |  14025000 | PA      | $14634104.35   | 0.15%             | 2028-09-19      | Fixed         | 5.90%                 | Yes           |                  2 | On Loan: No      |
| WMRK 2022-WMRK A V/R 11/15/27  | WMRK COMMERCIAL MORTGAGE TRUST 2022-WMRK SER 2022-WMRK CL A V/R REGD 144A P/P 7.11086000        | CUSIP: 929342AA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  20000000 | PA      | $20014892.00   | 0.21%             | 2027-11-15      | Variable      | 7.11%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY V/R 10/16/26    | MORGAN STANLEY REGD V/R SER VAR 6.13800000                                                      | CUSIP: 61747YEX9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |  42665000 | PA      | $42924984.72   | 0.45%             | 2026-10-16      | Variable      | 6.14%                 | No            |                  2 | On Loan: No      |
| US BANCORP V/R /PERP/          | US BANCORP REGD V/R /PERP/ 3.70000000                                                           | CUSIP: 902973BC9<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |  42990000 | PA      | $40161012.96   | 0.42%             | 2174-01-15      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/F 5.125% 02/01/28 | JBS USA HOLD/FOOD/LUX CO REGD 5.12500000                                                        | CUSIP: 46590XAZ9<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   1945000 | PA      | $1965642.29    | 0.02%             | 2028-02-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL  V/R 10/28/26 | TRUIST FINANCIAL CORP REGD V/R MTN 5.90000000                                                   | CUSIP: 89788MAJ1<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |  14435000 | PA      | $14517537.45   | 0.15%             | 2026-10-28      | Variable      | 5.90%                 | No            |                  2 | On Loan: No      |
| MDPK 2021-49A AR V/R 10/19/34  | MADISON PARK FUNDING XLIX LTD SER 2021-49A CL AR V/R REGD 144A P/P 5.31947000                   | CUSIP: 55820VAL7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  50000000 | PA      | $49691750.00   | 0.52%             | 2034-10-19      | Variable      | 5.32%                 | Yes           |                  2 | On Loan: No      |
| FORD MOTOR CRE 5.125% 11/05/26 | FORD MOTOR CREDIT CO LLC REGD 5.12500000                                                        | CUSIP: 345397F81<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  24500000 | PA      | $24269856.80   | 0.25%             | 2026-11-05      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS  V/R 04/23/27 | AMERICAN EXPRESS CO REGD V/R 5.64500000                                                         | CUSIP: 025816DT3<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |  38724000 | PA      | $39129984.35   | 0.41%             | 2027-04-23      | Variable      | 5.64%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE &  V/R 04/22/27 | JPMORGAN CHASE & CO REGD V/R 1.57800000                                                         | CUSIP: 46647PCB0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1944259.70    | 0.02%             | 2027-04-22      | Variable      | 1.58%                 | No            |                  2 | On Loan: No      |
| MET TOWER GLOBA 5.25% 04/12/29 | MET TOWER GLOBAL FUNDING REGD 144A P/P MTN 5.25000000                                           | CUSIP: 58989V2H6<br>LEI: 635400OFJCY9IOGBGY57 | Long             | DBT              | CORP              | US        |  23485000 | PA      | $24149146.17   | 0.25%             | 2029-04-12      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| US T BILL ZCP 06/03/25         | UNITED STATES TREASURY BILL ZCP 0.00000000                                                      | CUSIP: 912797PL5<br>LEI: N/A                  | Long             | STIV             | UST               | US        | 150000000 | PA      | $149423109.59  | 1.56%             | 2025-06-03      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ARIFL 2023-B A 6.05% 07/15/32  | ARI FLEET LEASE TRUST 2023-B SER 2023-B CL A2 REGD 144A P/P 6.05000000                          | CUSIP: 04033GAB3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   5533579 | PA      | $5576998.40    | 0.06%             | 2032-07-15      | Fixed         | 6.05%                 | Yes           |                  2 | On Loan: No      |
| JOHNSON & JOHNSO 4.5% 03/01/27 | JOHNSON & JOHNSON REGD 4.50000000                                                               | CUSIP: 478160DG6<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |  38225000 | PA      | $38750752.00   | 0.41%             | 2027-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| US T BILL ZCP 05/13/25         | UNITED STATES TREASURY BILL ZCP 0.00000000                                                      | CUSIP: 912797PH4<br>LEI: N/A                  | Long             | STIV             | UST               | US        | 112830000 | PA      | $112671323.71  | 1.18%             | 2025-05-13      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| BXMT 2021-FL4 A V/R 05/15/38   | BXMT 2021-FL4 LTD SER 2021-FL4 CL A V/R REGD 144A P/P 5.49261000                                | CUSIP: 05609GAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  12570570 | PA      | $12399902.30   | 0.13%             | 2038-05-15      | Variable      | 5.49%                 | Yes           |                  2 | On Loan: No      |
| KENTUCKY ST PUBLI V/R 08/01/52 | KENTUCKY ST PUBLIC ENERGY AUTH REGD V/R B/E 4.12120000                                          | CUSIP: 74440DDT8<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |  31000000 | PA      | $30644361.80   | 0.32%             | 2052-08-01      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| T/L LUMEN TECHNOL ZCP 04/15/29 | T/L LUMEN TECHNOLOGIES INC REGD ZCP TERM LOAN 0.00000000                                        | CUSIP: 55024EAF2<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | LON              | CORP              | US        |   9314293 | PA      | $8889374.71    | 0.09%             | 2029-04-15      | Variable      | 6.79%                 | No            |                  2 | On Loan: No      |
| UMBS P#906281 V/R 01/01/37     | FANNIE MAE POOL UMBS P#906281 V/R 6.63700000                                                    | CUSIP: 31411E2N6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     19185 | PA      | $19689.22      | 0.00%             | 2037-01-01      | Variable      | 6.64%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL  V/R 10/30/29 | TRUIST FINANCIAL CORP REGD V/R MTN 7.16100000                                                   | CUSIP: 89788MAQ5<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |   1925000 | PA      | $2078253.60    | 0.02%             | 2029-10-30      | Variable      | 7.16%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LFE GL 5.5% 06/28/28 | PRINCIPAL LFE GLB FND II REGD 144A P/P MTN 5.50000000                                           | CUSIP: 74256LEW5<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |   1955000 | PA      | $2024266.76    | 0.02%             | 2028-06-28      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| FS KKR CAPITAL C 3.4% 01/15/26 | FS KKR CAPITAL CORP REGD 3.40000000                                                             | CUSIP: 302635AG2<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |  15940000 | PA      | $15717825.41   | 0.16%             | 2026-01-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASI 4% 07/15/25 | PENSKE TRUCK LEASING/PTL REGD 144A P/P 4.00000000                                               | CUSIP: 709599BJ2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1940000 | PA      | $1936008.28    | 0.02%             | 2025-07-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| T/L WHIRLPOOL COR 0% 09/23/25  | T/L WHIRLPOOL CORPORATION      REGD 0.00000000                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |  65965000 | PA      | $65885842.00   | 0.69%             | 2025-09-23      | Variable      | 5.67%                 | No            |                  3 | On Loan: No      |
| BOSTON PROPERTI 2.75% 10/01/26 | BOSTON PROPERTIES LP REGD 2.75000000                                                            | CUSIP: 10112RAY0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1920000 | PA      | $1861494.12    | 0.02%             | 2026-10-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE PRIV 7.05% 09/29/25 | BLACKSTONE PRIVATE CRE REGD SER WI 7.05000000                                                   | CUSIP: 09261HBA4<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |  37994000 | PA      | $38249519.53   | 0.40%             | 2025-09-29      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| DRAWBRIDGE SPE 3.875% 02/15/26 | DRAWBRIDGE SPEC OPPOR FU REGD 144A P/P 3.87500000                                               | CUSIP: 26150TAE9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  48895000 | PA      | $47990861.53   | 0.50%             | 2026-02-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| EFF 2022-1 A2 3.03% 06/20/25   | ENTERPRISE FLEET FINANCING 2022-1 LLC SER 2022-1 CL A2 REGD 144A P/P 3.03000000                 | CUSIP: 29375JAB0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    260343 | PA      | $260088.18     | 0.00%             | 2028-01-20      | Fixed         | 3.03%                 | Yes           |                  2 | On Loan: No      |
| FNMA P745925 V/R 09/01/36      | FNMA P745925 V/R 09/01/36 7.50000000                                                            | CUSIP: 31403DVS5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     23829 | PA      | $24374.91      | 0.00%             | 2036-09-01      | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| CNH INDUSTRIAL C 5.5% 01/12/29 | CNH INDUSTRIAL CAP LLC REGD 5.50000000                                                          | CUSIP: 12592BAR5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  10920000 | PA      | $11222919.05   | 0.12%             | 2029-01-12      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BX 2024-GPA2 A V/R 11/15/26    | BX COMMERCIAL MORTGAGE TRUST 2024-GPA2 SER 2024-GPA2 CL A V/R REGD 144A P/P 5.86420000          | CUSIP: 12433DAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  21220000 | PA      | $21213368.75   | 0.22%             | 2041-11-15      | Variable      | 5.86%                 | Yes           |                  2 | On Loan: No      |
| VZMT 2025-3 A1 4.51% 03/22/27  | VERIZON MASTER TRUST SER 2025-3 CL A1A REGD 4.51000000                                          | CUSIP: 92348KDY6<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-CBDO         | CORP              | US        |  17610000 | PA      | $17706530.98   | 0.19%             | 2030-03-20      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| T/L AADVANTAGE LO 0% 04/20/28  | T/L AADVANTAGE LOYALTY IP LTD. REGD 0.00000000                                                  | CUSIP: 02376CBS3<br>LEI: N/A                  | Long             | LON              | CORP              | KY        |  23455250 | PA      | $22927506.88   | 0.24%             | 2028-04-20      | Variable      | 6.52%                 | No            |                  2 | On Loan: No      |
| OMFIT 2023-2A  5.84% 11/14/27  | ONEMAIN FINANCIAL ISSUANCE TRUST 2023-2 SER 2023-2A CL A1 REGD 144A P/P 5.84000000              | CUSIP: 68269HAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  16380000 | PA      | $16713144.63   | 0.17%             | 2036-09-15      | Fixed         | 5.84%                 | Yes           |                  2 | On Loan: No      |
| T/L JAZZ PHARM 0% 05/05/28     | T/L JAZZ PHARMACEUTICALS       PUBLIC LIMITED COMPANY         REGD /TERM LOAN 0.00000000        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | IE        |  23114550 | PA      | $23019549.61   | 0.24%             | 2028-05-05      | Variable      | 6.57%                 | No            |                  2 | On Loan: No      |
| GNMA #080312 V/R 8/20/29       | GINNIE MAE II POOL P#80312 V/R 4.62500000                                                       | CUSIP: 36225CK21<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      2441 | PA      | $2445.04       | 0.00%             | 2029-08-20      | Variable      | 4.62%                 | No            |                  2 | On Loan: No      |
| SKANDINAVISKA  5.375% 03/05/29 | SKANDINAVISKA ENSKILDA REGD 144A P/P 5.37500000                                                 | CUSIP: 830505BB8<br>LEI: F3JS33DEI6XQ4ZBPTN86 | Long             | DBT              | CORP              | SE        |  11875000 | PA      | $12245694.99   | 0.13%             | 2029-03-05      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| CNH INDUSTRIAL C 5.1% 04/20/29 | CNH INDUSTRIAL CAP LLC REGD 5.10000000                                                          | CUSIP: 12592BAS3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  27185000 | PA      | $27537263.50   | 0.29%             | 2029-04-20      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| BANK OF NEW ZE 5.076% 01/30/29 | BANK OF NEW ZEALAND REGD 144A P/P 5.07600000                                                    | CUSIP: 06407EAH8<br>LEI: N/A                  | Long             | DBT              | CORP              | NZ        |   9500000 | PA      | $9698528.63    | 0.10%             | 2029-01-30      | Fixed         | 5.08%                 | Yes           |                  2 | On Loan: No      |
| CGMS 2016-1A A1R V/R 04/20/34  | CARLYLE GLOBAL MARKET STRATEGIES CLO  SER 2016-1A CL A1R3 V/R REGD 144A P/P 5.35947000          | CUSIP: 14312HBE5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  30000000 | PA      | $29873610.00   | 0.31%             | 2034-04-20      | Variable      | 5.36%                 | Yes           |                  2 | On Loan: No      |
| CNH INDUSTRIAL 1.875% 01/15/26 | CNH INDUSTRIAL CAP LLC REGD 1.87500000                                                          | CUSIP: 12592BAL8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  56525000 | PA      | $55380287.92   | 0.58%             | 2026-01-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| PFSFC 2023-A A 5.8% 03/15/26   | PFS FINANCING CORP SER 2023-A CL A REGD 144A P/P 5.80000000                                     | CUSIP: 69335PET8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   9810000 | PA      | $9912712.66    | 0.10%             | 2028-03-15      | Fixed         | 5.80%                 | Yes           |                  2 | On Loan: No      |
| AESOP 2023-3A  5.44% 02/22/27  | AVIS BUDGET RENTAL CAR FUNDING AESOP LLC SER 2023-3A CL A REGD 144A P/P 5.44000000              | CUSIP: 05377RGU2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  11930000 | PA      | $12079772.80   | 0.13%             | 2028-02-22      | Fixed         | 5.44%                 | Yes           |                  2 | On Loan: No      |
| GA GLOBAL FUNDI 2.25% 01/06/27 | GA GLOBAL FUNDING TRUST REGD 144A P/P 2.25000000                                                | CUSIP: 36143L2G9<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |   1925000 | PA      | $1848581.58    | 0.02%             | 2027-01-06      | Fixed         | 2.25%                 | Yes           |                  2 | On Loan: No      |
| AIR LEASE CORP 2.875% 01/15/26 | AIR LEASE CORP REGD MTN 2.87500000                                                              | CUSIP: 00914AAJ1<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |  94226000 | PA      | $92893863.91   | 0.97%             | 2026-01-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| BAXTER INTERNA 1.915% 02/01/27 | BAXTER INTERNATIONAL INC REGD 1.91500000                                                        | CUSIP: 071813CL1<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |   2230000 | PA      | $2134216.91    | 0.02%             | 2027-02-01      | Fixed         | 1.92%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITA V/R 03/06/28 | JOHN DEERE CAPITAL CORP REGD V/R 4.86693100                                                     | CUSIP: 24422EYA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  44670000 | PA      | $44576193.00   | 0.47%             | 2028-03-06      | Variable      | 4.87%                 | No            |                  2 | On Loan: No      |
| ADC 2023-1A A2 6% 08/15/28     | ALIGNED DATA CENTERS ISSUER LLC SER 2023-1A CL A2 REGD 144A P/P 6.00000000                      | CUSIP: 01627AAD0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   7555000 | PA      | $7646452.52    | 0.08%             | 2048-08-17      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| AXIS 2023-1A A 6.09% 12/20/29  | AMUR EQUIPMENT FINANCE RECEIVABLES XII LLC SER 2023-1A CL A2 REGD 144A P/P 6.09000000           | CUSIP: 03236YAB1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   4119793 | PA      | $4166878.12    | 0.04%             | 2029-12-20      | Fixed         | 6.09%                 | Yes           |                  2 | On Loan: No      |
| WFLF 2025-1A A 4.57% 11/18/28  | WHEELS FLEET LEASE FUNDING 1 LLC SER 2025-1A CL A1 REGD 144A P/P 4.57000000                     | CUSIP: 96328GCE5<br>LEI: 549300BSFY0E0XXREF43 | Long             | ABS-CBDO         | CORP              | US        |  33980000 | PA      | $34065381.55   | 0.36%             | 2040-01-18      | Fixed         | 4.57%                 | Yes           |                  2 | On Loan: No      |
| US T BILL ZCP 05/20/25         | UNITED STATES TREASURY BILL ZCP 0.00000000                                                      | CUSIP: 912797PJ0<br>LEI: N/A                  | Long             | STIV             | UST               | US        | 100830000 | PA      | $100605691.97  | 1.05%             | 2025-05-20      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CAUTO 2023-1A  5.75% 09/15/28  | CARS-DB7 LP SER 2023-1A CL A1 REGD 144A P/P 5.75000000                                          | CUSIP: 12510HAS9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   9729385 | PA      | $9820723.92    | 0.10%             | 2053-09-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| F/C US 2YR NOTE (CBT) JUN25    | FUTURE CONTRACT ON           US 2YR NOTE (CBT) JUN25 0.00000000                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |      -675 | NC      | $-140500195.65 | -1.47%            |  |  |  | No            |                  1 | On Loan: No      |
| FNH 2019-1 A V/R 12/10/31      | FNA 2019-1 LLC SER 2019-1 CL A V/R REGD 144A P/P 3.00000000                                     | CUSIP: 30312PAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   5952578 | PA      | $5610304.84    | 0.06%             | 2031-12-10      | Variable      | 3.00%                 | Yes           |                  3 | On Loan: No      |
| CARMX 2025-2 A 4.59% 03/15/27  | CARMAX AUTO OWNER TRUST 2025-2 SER 2025-2 CL A2A REGD 4.59000000                                | CUSIP: 14320AAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  20690000 | PA      | $20704069.20   | 0.22%             | 2028-07-17      | Fixed         | 4.59%                 | No            |                  2 | On Loan: No      |
| UNIVERSAL INSU 5.625% 11/30/26 | UNIVERSAL INSURANCE HLDS REGD SER WI 5.62500000                                                 | CUSIP: 91359VAC1<br>LEI: 529900GGAZ6WVUCWQM46 | Long             | DBT              | CORP              | US        |   4205000 | PA      | $4137849.51    | 0.04%             | 2026-11-30      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CCG 2024-1 A2 4.99% 12/14/27   | CCG RECEIVABLES TRUST 2024-1 SER 2024-1 CL A2 REGD 144A P/P 4.99000000                          | CUSIP: 12515PAB3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  22517573 | PA      | $22656945.26   | 0.24%             | 2032-03-15      | Fixed         | 4.99%                 | Yes           |                  2 | On Loan: No      |
| SEACO 2020-2A  2.26% 03/17/30  | GLOBAL SC FINANCE VII SRL SER 2020-2A CL A REGD 144A P/P 2.26000000                             | CUSIP: 37959PAC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | BB        |  14684792 | PA      | $13882548.80   | 0.15%             | 2040-11-19      | Fixed         | 2.26%                 | Yes           |                  2 | On Loan: No      |
| KEURIG DR PEPPER 5.1% 03/15/27 | KEURIG DR PEPPER IN REGD SER * 5.10000000                                                       | CUSIP: 49271VAW0<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |  21670000 | PA      | $21937227.07   | 0.23%             | 2027-03-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| LCM 24A AR V/R 03/20/30        | LCM XXIV LTD SER 24A CL AR V/R REGD 144A P/P 5.51108000                                         | CUSIP: 50188YAE4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    624839 | PA      | $624435.32     | 0.01%             | 2030-03-20      | Variable      | 5.51%                 | Yes           |                  2 | On Loan: No      |
| ARTFI 2024-1A  6.43% 03/20/26  | SOTHEBY'S ARTFI MASTER TRUST SER 2024-1A CL A1 REGD 144A P/P 6.43000000                         | CUSIP: 83589CAA6<br>LEI: 9845002FA850DM72BA31 | Long             | ABS-CBDO         | CORP              | US        |  24210000 | PA      | $24440658.35   | 0.26%             | 2031-12-22      | Fixed         | 6.43%                 | Yes           |                  2 | On Loan: No      |
| BLUE OWL CAPITA 3.75% 07/22/25 | BLUE OWL CAPITAL CORP REGD 3.75000000                                                           | CUSIP: 69121KAC8<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |  44790000 | PA      | $44670639.13   | 0.47%             | 2025-07-22      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BBUBS 2012-TFT B V/R 06/05/20  | BB-UBS TRUST SER 2012-TFT CL B V/R REGD 144A P/P 3.67790400                                     | CUSIP: 05490AAC7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  26807000 | PA      | $25185176.50   | 0.26%             | 2030-06-05      | Variable      | 3.68%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-30

**Name of Applicant:** BBH Trust

**Signature:** Charles Schreiber

**Name of Signer:** Charles Schreiber

**Title:** Treasurer