# EDGAR Filing Document

**Accession Number:** 0000932101
**File Stem:** 0001752724-25-132226
**Filing Date:** 2025-6
**Character Count:** 73932
**Document Hash:** 7d1b637fe0ca04e5243129c7aa6ac505
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-132226.hdr.sgml**: 20250606

**ACCESSION NUMBER**: 0001752724-25-132226

**CONFORMED SUBMISSION TYPE**: N-MFP3

**CONFIRMING COPY**: 

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250606

**DATE AS OF CHANGE**: 20250606

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PUTNAM INVESTMENT FUNDS
- **CENTRAL INDEX KEY:** 0000932101

**ORGANIZATION NAME:**
- **EIN:** 043251560
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** N-MFP3
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07237

**BUSINESS ADDRESS:**
- **STREET 1:** 100 FEDERAL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110
- **BUSINESS PHONE:** 6172921000

**MAIL ADDRESS:**
- **STREET 1:** 100 FEDERAL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PUTNAM EQUITY FUNDS
- **DATE OF NAME CHANGE:** 19941028

## Series and Classes Contracts Data

### Putnam Government Money Market Fund (Series ID: S000052894)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000166400 | Class A Shares |  |
| C000166402 | Class C Shares |  |
| C000166403 | Class G Shares |  |
| C000166404 | Class I Shares |  |
| C000166406 | Class P Shares |  |
| C000166407 | Class R Shares |  |

# Form N-MFP3: Monthly Schedule of Portfolio Holdings

## N-MFP: Filer Information
**Submission Type:** N-MFP3
**CIK:** 0000932101

### General Information

**Report for (YYYY-MM-DD):** 2025-05-31

**Registrant Full Name:** Putnam Investment Funds

**CIK Number of Registrant:** 0000932101

**LEI of Registrant:** 549300SRAF55EHI5J317

**Name of Series:** Putnam Government Money Market Fund

**LEI of Series:** 549300SEUI2XMME8T893

**EDGAR Series Identifier:** S000052894

**Total number of share classes in the series:** 6

**Is this the fund's final filing on Form N-MFP?:** No

**Has the fund acquired or merged with another fund?:** No

## Part A: Series-Level Information about the Fund

### Service Providers
| Role                          | Details                                                 | File/CIK Number   |
|:---|:---|:---|
| Investment Adviser            | Franklin Advisors, Inc.                                 | 801-26292         |
| Independent Public Accountant | PricewaterhouseCoopers LLP<br>City: Boston<br>State: MA |  |
| Administrator                 | Franklin Templeton Services, LLC                        |  |
| Transfer Agent                | Putnam Investor Services, Inc.<br>CIK: 0001448300       | 084-06331         |

### Fund Characteristics & Assets

- **Securities Act File Number:** 033-56339

- **Is this a Feeder Fund?:** No

- **Is this a Master Fund?:** No

- **Is this series for insurance company separate accounts?:** No

- **Money Market Fund Category:** Government

- **Is this a Retail Money Market Fund?:** No

- **Is this a Government Money Market Fund?:** No

- **WAM:** 15 days

- **WAL:** 58 days

- **Total Value of Portfolio Securities:** $325367823.67

- **Amortized Cost of Portfolio Securities:** $325373340.18

- **Cash:** $0.00

- **Total Other Assets:** $270024.69

- **Total Liabilities:** $5283024.49

- **Net Assets of Series:** $320360340.38

- **Number of Shares Outstanding (Series):** 320364215.3300

- **Does the fund seek to maintain a stable price per share?:** Yes

- **Stable Price Per Share:** $1.00

- **Is cash management vehicle an affiliated fund?:** No

- **Does the fund apply liquidity fees?:** No

### Daily & Weekly Liquid Assets
| Date       | Daily Liquid Assets ($)   | Weekly Liquid Assets ($)   | Daily Liquid Assets (%)   | Weekly Liquid Assets (%)   |
|:---|:---|:---|:---|:---|
| 2025-05-01 | $322261405.00             | $324302619.05              | 88.4200%                  | 88.9800%                   |
| 2025-05-02 | $314396669.90             | $316438055.80              | 88.0800%                  | 88.6500%                   |
| 2025-05-05 | $294021786.91             | $296063416.08              | 87.6000%                  | 88.2100%                   |
| 2025-05-06 | $297420046.81             | $299462429.91              | 87.6900%                  | 88.2900%                   |
| 2025-05-07 | $289814525.91             | $291857147.06              | 87.8800%                  | 88.5000%                   |
| 2025-05-08 | $286156637.58             | $288199436.96              | 86.8000%                  | 87.4200%                   |
| 2025-05-09 | $280456818.89             | $284336851.71              | 86.5700%                  | 87.7600%                   |
| 2025-05-12 | $288659276.73             | $292539769.86              | 86.7600%                  | 87.9300%                   |
| 2025-05-13 | $268641595.65             | $272523364.63              | 86.8400%                  | 88.1000%                   |
| 2025-05-14 | $290283726.89             | $294165963.89              | 86.6800%                  | 87.8400%                   |
| 2025-05-15 | $275653305.13             | $279536036.87              | 86.2200%                  | 87.4300%                   |
| 2025-05-16 | $274986244.59             | $278869428.62              | 86.3700%                  | 87.5900%                   |
| 2025-05-19 | $276759414.21             | $280644844.23              | 86.4900%                  | 87.7100%                   |
| 2025-05-20 | $265186596.44             | $269072481.11              | 85.9900%                  | 87.2500%                   |
| 2025-05-21 | $268898920.38             | $272785259.71              | 86.1700%                  | 87.4200%                   |
| 2025-05-22 | $274629714.84             | $278516508.81              | 85.6000%                  | 86.8100%                   |
| 2025-05-23 | $275120509.32             | $279007757.94              | 85.5900%                  | 86.8000%                   |
| 2025-05-27 | $277675687.18             | $281564754.42              | 85.7000%                  | 86.9000%                   |
| 2025-05-28 | $278977481.65             | $282867003.54              | 85.7500%                  | 86.9500%                   |
| 2025-05-29 | $284766276.13             | $288656252.67              | 84.9800%                  | 86.1400%                   |
| 2025-05-30 | $275220070.60             | $279110501.80              | 84.5300%                  | 85.7300%                   |

### 7-Day Gross Yield
| Date       | 7-Day Gross Yield   |
|:---|:---|
| 2025-05-06 | 4.4300%             |
| 2025-05-07 | 4.4200%             |
| 2025-05-09 | 4.3800%             |
| 2025-05-21 | 4.3500%             |
| 2025-05-28 | 4.3500%             |
| 2025-05-29 | 4.3500%             |
| 2025-05-15 | 4.3700%             |
| 2025-05-13 | 4.3700%             |
| 2025-05-23 | 4.3500%             |
| 2025-05-20 | 4.4500%             |
| 2025-05-30 | 4.3600%             |
| 2025-05-01 | 4.4400%             |
| 2025-05-22 | 4.3600%             |
| 2025-05-27 | 4.3400%             |
| 2025-05-05 | 4.4400%             |
| 2025-05-08 | 4.4100%             |
| 2025-05-16 | 4.3800%             |
| 2025-05-02 | 4.4400%             |
| 2025-05-14 | 4.3700%             |
| 2025-05-19 | 4.4500%             |
| 2025-05-12 | 4.3800%             |

### Daily Net Asset Value per Share (Series)
| Date       | Net Asset Value per Share   |
|:---|:---|
| 2025-05-01 | 1.0000                      |
|  |  |
| 2025-05-02 | 1.0000                      |
|  |  |
| 2025-05-05 | 1.0000                      |
|  |  |
| 2025-05-06 | 1.0000                      |
|  |  |
| 2025-05-07 | 1.0000                      |
|  |  |
| 2025-05-08 | 1.0000                      |
|  |  |
| 2025-05-09 | 1.0000                      |
|  |  |
| 2025-05-12 | 1.0000                      |
|  |  |
| 2025-05-13 | 1.0000                      |
|  |  |
| 2025-05-14 | 1.0000                      |
|  |  |
| 2025-05-15 | 1.0000                      |
|  |  |
| 2025-05-16 | 1.0000                      |
|  |  |
| 2025-05-19 | 1.0000                      |
|  |  |
| 2025-05-20 | 1.0000                      |
|  |  |
| 2025-05-21 | 1.0000                      |
|  |  |
| 2025-05-22 | 1.0000                      |
|  |  |
| 2025-05-23 | 1.0000                      |
|  |  |
| 2025-05-27 | 1.0000                      |
|  |  |
| 2025-05-28 | 1.0000                      |
|  |  |
| 2025-05-29 | 1.0000                      |
|  |  |
| 2025-05-30 | 1.0000                      |
|  |  |

## Part B: Class-Level Information about the Fund

### Class: Class C

- **Minimum Initial Investment:** $500.00

- **Net Assets of Class:** $2049925.03

- **Number of Shares Outstanding:** 2049812.6300

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-05-01 | 1.0000          |
|  |  |
| 2025-05-02 | 1.0000          |
|  |  |
| 2025-05-05 | 1.0000          |
|  |  |
| 2025-05-06 | 1.0000          |
|  |  |
| 2025-05-07 | 1.0000          |
|  |  |
| 2025-05-08 | 1.0000          |
|  |  |
| 2025-05-09 | 1.0000          |
|  |  |
| 2025-05-12 | 1.0000          |
|  |  |
| 2025-05-13 | 1.0000          |
|  |  |
| 2025-05-14 | 1.0000          |
|  |  |
| 2025-05-15 | 1.0000          |
|  |  |
| 2025-05-16 | 1.0000          |
|  |  |
| 2025-05-19 | 1.0000          |
|  |  |
| 2025-05-20 | 1.0000          |
|  |  |
| 2025-05-21 | 1.0000          |
|  |  |
| 2025-05-22 | 1.0000          |
|  |  |
| 2025-05-23 | 1.0000          |
|  |  |
| 2025-05-27 | 1.0000          |
|  |  |
| 2025-05-28 | 1.0000          |
|  |  |
| 2025-05-29 | 1.0000          |
|  |  |
| 2025-05-30 | 1.0000          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-05-21 | $0.00                     | $0.00                   |
| 2025-05-22 | $0.00                     | $0.00                   |
| 2025-05-27 | $0.00                     | $0.00                   |
| 2025-05-28 | $0.00                     | $0.00                   |
| 2025-05-29 | $0.00                     | $0.00                   |
| 2025-05-30 | $0.00                     | $0.00                   |
| 2025-05-23 | $531.30                   | $0.00                   |
| 2025-05-20 | $25.00                    | $0.00                   |
| 2025-05-19 | $168.75                   | $0.00                   |
| 2025-05-07 | $167530.51                | $0.00                   |
| 2025-05-06 | $25.00                    | $5399.25                |
| 2025-05-01 | $5821.50                  | $174.59                 |
| 2025-05-14 | $0.00                     | $0.00                   |
| 2025-05-09 | $0.00                     | $0.00                   |
| 2025-05-05 | $0.00                     | $0.00                   |
| 2025-05-12 | $581.30                   | $0.00                   |
| 2025-05-02 | $143.75                   | $0.00                   |
| 2025-05-08 | $838.35                   | $0.00                   |
| 2025-05-13 | $150.00                   | $0.00                   |
| 2025-05-16 | $0.00                     | $0.00                   |
| 2025-05-15 | $0.00                     | $0.00                   |

**Total Gross Subscriptions (Month):** $175815.46

**Total Gross Redemptions (Month):** $5573.84

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-05-01 | 4.0000%           |
| 2025-05-02 | 4.0000%           |
| 2025-05-05 | 3.9900%           |
| 2025-05-06 | 3.9900%           |
| 2025-05-07 | 3.9800%           |
| 2025-05-08 | 3.9600%           |
| 2025-05-09 | 3.9400%           |
| 2025-05-12 | 3.9300%           |
| 2025-05-13 | 3.9300%           |
| 2025-05-14 | 3.9200%           |
| 2025-05-15 | 3.9300%           |
| 2025-05-16 | 3.9400%           |
| 2025-05-19 | 3.9700%           |
| 2025-05-20 | 3.9600%           |
| 2025-05-21 | 3.9200%           |
| 2025-05-22 | 3.9100%           |
| 2025-05-23 | 3.9000%           |
| 2025-05-27 | 3.9000%           |
| 2025-05-28 | 3.9000%           |
| 2025-05-29 | 3.9100%           |
| 2025-05-30 | 3.9200%           |

**Beneficial/Record Owner Categories**
| Category        | Other Category   | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Broker-dealer   |  | 16.8500%         | 0.0000%              |
| Retail investor |  | 32.6100%         | 0.0000%              |

### Class: Class A

- **Minimum Initial Investment:** $500.00

- **Net Assets of Class:** $155056120.47

- **Number of Shares Outstanding:** 155057859.4100

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-05-01 | 1.0000          |
|  |  |
| 2025-05-02 | 1.0000          |
|  |  |
| 2025-05-05 | 1.0000          |
|  |  |
| 2025-05-06 | 1.0000          |
|  |  |
| 2025-05-07 | 1.0000          |
|  |  |
| 2025-05-08 | 1.0000          |
|  |  |
| 2025-05-09 | 1.0000          |
|  |  |
| 2025-05-12 | 1.0000          |
|  |  |
| 2025-05-13 | 1.0000          |
|  |  |
| 2025-05-14 | 1.0000          |
|  |  |
| 2025-05-15 | 1.0000          |
|  |  |
| 2025-05-16 | 1.0000          |
|  |  |
| 2025-05-19 | 1.0000          |
|  |  |
| 2025-05-20 | 1.0000          |
|  |  |
| 2025-05-21 | 1.0000          |
|  |  |
| 2025-05-22 | 1.0000          |
|  |  |
| 2025-05-23 | 1.0000          |
|  |  |
| 2025-05-27 | 1.0000          |
|  |  |
| 2025-05-28 | 1.0000          |
|  |  |
| 2025-05-29 | 1.0000          |
|  |  |
| 2025-05-30 | 1.0000          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-05-09 | $386045.00                | $120380.00              |
| 2025-05-21 | $160923.36                | $182079.07              |
| 2025-05-22 | $146533.49                | $321689.79              |
| 2025-05-27 | $389295.14                | $164788.54              |
| 2025-05-28 | $97361.31                 | $365208.95              |
| 2025-05-29 | $243173.29                | $586683.83              |
| 2025-05-30 | $25809.00                 | $80029.52               |
| 2025-05-12 | $68575.00                 | $147211.00              |
| 2025-05-19 | $151655.47                | $254419.64              |
| 2025-05-20 | $116818.83                | $465078.33              |
| 2025-05-02 | $128751.00                | $231019.00              |
| 2025-05-23 | $952229.23                | $265256.12              |
| 2025-05-14 | $203357.00                | $832734.00              |
| 2025-05-08 | $549829.00                | $332408.00              |
| 2025-05-07 | $408515.00                | $86200.00               |
| 2025-05-01 | $840584.49                | $519079.80              |
| 2025-05-05 | $419702.00                | $104013.00              |
| 2025-05-06 | $186846.00                | $295794.00              |
| 2025-05-15 | $31352.00                 | $382463.00              |
| 2025-05-16 | $542856.00                | $129178.00              |
| 2025-05-13 | $315051.00                | $170803.00              |

**Total Gross Subscriptions (Month):** $6365262.61

**Total Gross Redemptions (Month):** $6036516.59

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-05-01 | 4.0000%           |
| 2025-05-02 | 4.0000%           |
| 2025-05-05 | 3.9900%           |
| 2025-05-06 | 3.9900%           |
| 2025-05-07 | 3.9800%           |
| 2025-05-08 | 3.9600%           |
| 2025-05-09 | 3.9400%           |
| 2025-05-12 | 3.9300%           |
| 2025-05-13 | 3.9300%           |
| 2025-05-14 | 3.9200%           |
| 2025-05-15 | 3.9300%           |
| 2025-05-16 | 3.9400%           |
| 2025-05-19 | 3.9700%           |
| 2025-05-20 | 3.9600%           |
| 2025-05-21 | 3.9500%           |
| 2025-05-22 | 3.9100%           |
| 2025-05-23 | 3.9000%           |
| 2025-05-27 | 3.9000%           |
| 2025-05-28 | 3.9000%           |
| 2025-05-29 | 3.9100%           |
| 2025-05-30 | 3.9200%           |

**Beneficial/Record Owner Categories**
| Category      | Other Category       | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Broker-dealer |  | 23.3000%         | 0.0000%              |
| Other         | OtherRetail Investor | 8.1200%          | 0.0000%              |

### Class: Class R

- **Minimum Initial Investment:** $500.00

- **Net Assets of Class:** $9864811.01

- **Number of Shares Outstanding:** 9863459.0800

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-05-01 | 1.0000          |
|  |  |
| 2025-05-02 | 1.0000          |
|  |  |
| 2025-05-05 | 1.0000          |
|  |  |
| 2025-05-06 | 1.0000          |
|  |  |
| 2025-05-07 | 1.0000          |
|  |  |
| 2025-05-08 | 1.0000          |
|  |  |
| 2025-05-09 | 1.0000          |
|  |  |
| 2025-05-12 | 1.0000          |
|  |  |
| 2025-05-13 | 1.0000          |
|  |  |
| 2025-05-14 | 1.0000          |
|  |  |
| 2025-05-15 | 1.0000          |
|  |  |
| 2025-05-16 | 1.0000          |
|  |  |
| 2025-05-19 | 1.0000          |
|  |  |
| 2025-05-20 | 1.0000          |
|  |  |
| 2025-05-21 | 1.0000          |
|  |  |
| 2025-05-22 | 1.0000          |
|  |  |
| 2025-05-23 | 1.0000          |
|  |  |
| 2025-05-27 | 1.0000          |
|  |  |
| 2025-05-28 | 1.0000          |
|  |  |
| 2025-05-29 | 1.0000          |
|  |  |
| 2025-05-30 | 1.0000          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-05-20 | $0.00                     | $0.00                   |
| 2025-05-21 | $139.34                   | $0.00                   |
| 2025-05-22 | $0.00                     | $0.00                   |
| 2025-05-27 | $55.51                    | $0.00                   |
| 2025-05-28 | $143.38                   | $0.00                   |
| 2025-05-29 | $396.77                   | $0.00                   |
| 2025-05-30 | $0.00                     | $0.00                   |
| 2025-05-05 | $458.35                   | $0.00                   |
| 2025-05-06 | $48782.96                 | $0.00                   |
| 2025-05-01 | $34952.93                 | $0.00                   |
| 2025-05-09 | $11.49                    | $0.00                   |
| 2025-05-14 | $4.20                     | $0.00                   |
| 2025-05-16 | $0.00                     | $28.86                  |
| 2025-05-08 | $57.87                    | $17.64                  |
| 2025-05-02 | $734.04                   | $910785.56              |
| 2025-05-07 | $0.00                     | $0.00                   |
| 2025-05-13 | $140.57                   | $0.00                   |
| 2025-05-15 | $0.00                     | $0.00                   |
| 2025-05-23 | $394.84                   | $0.00                   |
| 2025-05-12 | $461.11                   | $1311.55                |
| 2025-05-19 | $450.36                   | $56.68                  |

**Total Gross Subscriptions (Month):** $87183.72

**Total Gross Redemptions (Month):** $912200.29

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-05-01 | 4.0000%           |
| 2025-05-02 | 4.0000%           |
| 2025-05-05 | 3.9900%           |
| 2025-05-06 | 3.9900%           |
| 2025-05-07 | 3.9800%           |
| 2025-05-08 | 3.9600%           |
| 2025-05-09 | 3.9400%           |
| 2025-05-12 | 3.9300%           |
| 2025-05-13 | 3.9300%           |
| 2025-05-14 | 3.9200%           |
| 2025-05-15 | 3.9300%           |
| 2025-05-16 | 3.9400%           |
| 2025-05-19 | 3.9700%           |
| 2025-05-20 | 3.9700%           |
| 2025-05-21 | 3.9200%           |
| 2025-05-22 | 3.9100%           |
| 2025-05-23 | 3.9000%           |
| 2025-05-27 | 3.9000%           |
| 2025-05-28 | 3.9000%           |
| 2025-05-29 | 3.9100%           |
| 2025-05-30 | 3.9200%           |

**Beneficial/Record Owner Categories**
| Category        | Other Category   | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Retail investor |  | 92.8300%         | 0.0000%              |

### Class: Class G

- **Minimum Initial Investment:** $500.00

- **Net Assets of Class:** $10500223.23

- **Number of Shares Outstanding:** 10501692.4200

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-05-01 | 1.0000          |
|  |  |
| 2025-05-02 | 1.0000          |
|  |  |
| 2025-05-05 | 1.0000          |
|  |  |
| 2025-05-06 | 1.0000          |
|  |  |
| 2025-05-07 | 1.0000          |
|  |  |
| 2025-05-08 | 1.0000          |
|  |  |
| 2025-05-09 | 1.0000          |
|  |  |
| 2025-05-12 | 1.0000          |
|  |  |
| 2025-05-13 | 1.0000          |
|  |  |
| 2025-05-14 | 1.0000          |
|  |  |
| 2025-05-15 | 1.0000          |
|  |  |
| 2025-05-16 | 1.0000          |
|  |  |
| 2025-05-19 | 1.0000          |
|  |  |
| 2025-05-20 | 1.0000          |
|  |  |
| 2025-05-21 | 1.0000          |
|  |  |
| 2025-05-22 | 1.0000          |
|  |  |
| 2025-05-23 | 1.0000          |
|  |  |
| 2025-05-27 | 1.0000          |
|  |  |
| 2025-05-28 | 1.0000          |
|  |  |
| 2025-05-29 | 1.0000          |
|  |  |
| 2025-05-30 | 1.0000          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-05-14 | $1390087.00               | $923667.00              |
| 2025-05-21 | $524370.00                | $1786770.00             |
| 2025-05-22 | $1239837.00               | $459027.00              |
| 2025-05-27 | $4421523.00               | $952785.00              |
| 2025-05-28 | $653780.00                | $1472357.00             |
| 2025-05-29 | $1808920.00               | $254500.00              |
| 2025-05-30 | $760649.00                | $1985139.00             |
| 2025-05-23 | $4427271.00               | $4232195.00             |
| 2025-05-02 | $1380746.00               | $5911982.00             |
| 2025-05-06 | $1120964.00               | $1387905.00             |
| 2025-05-05 | $818275.00                | $15199203.00            |
| 2025-05-15 | $1869437.00               | $319726.00              |
| 2025-05-16 | $915507.00                | $1143012.00             |
| 2025-05-09 | $922387.00                | $1147562.00             |
| 2025-05-01 | $1424190.75               | $3599504.17             |
| 2025-05-19 | $361185.00                | $2287254.00             |
| 2025-05-20 | $1035533.00               | $1264838.00             |
| 2025-05-12 | $689560.00                | $1081578.00             |
| 2025-05-08 | $1119315.00               | $385641.00              |
| 2025-05-07 | $946138.00                | $648135.00              |
| 2025-05-13 | $1393053.00               | $727567.00              |

**Total Gross Subscriptions (Month):** $29222727.75

**Total Gross Redemptions (Month):** $47170347.17

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-05-01 | 4.1100%           |
| 2025-05-02 | 4.1200%           |
| 2025-05-05 | 4.1100%           |
| 2025-05-06 | 4.1000%           |
| 2025-05-07 | 4.0900%           |
| 2025-05-08 | 4.0800%           |
| 2025-05-09 | 4.0500%           |
| 2025-05-12 | 4.0400%           |
| 2025-05-13 | 4.0400%           |
| 2025-05-14 | 4.0400%           |
| 2025-05-15 | 4.0400%           |
| 2025-05-16 | 4.0500%           |
| 2025-05-19 | 4.2100%           |
| 2025-05-20 | 4.2000%           |
| 2025-05-21 | 3.9500%           |
| 2025-05-22 | 4.0300%           |
| 2025-05-23 | 4.0100%           |
| 2025-05-27 | 4.0100%           |
| 2025-05-28 | 4.0200%           |
| 2025-05-29 | 4.0200%           |
| 2025-05-30 | 4.0300%           |

### Class: Class P

- **Minimum Initial Investment:** $500.00

- **Net Assets of Class:** $142878163.64

- **Number of Shares Outstanding:** 142880299.0000

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-05-01 | 1.0000          |
|  |  |
| 2025-05-02 | 1.0000          |
|  |  |
| 2025-05-05 | 1.0000          |
|  |  |
| 2025-05-06 | 1.0000          |
|  |  |
| 2025-05-07 | 1.0000          |
|  |  |
| 2025-05-08 | 1.0000          |
|  |  |
| 2025-05-09 | 1.0000          |
|  |  |
| 2025-05-12 | 1.0000          |
|  |  |
| 2025-05-13 | 1.0000          |
|  |  |
| 2025-05-14 | 1.0000          |
|  |  |
| 2025-05-15 | 1.0000          |
|  |  |
| 2025-05-16 | 1.0000          |
|  |  |
| 2025-05-19 | 1.0000          |
|  |  |
| 2025-05-20 | 1.0000          |
|  |  |
| 2025-05-21 | 1.0000          |
|  |  |
| 2025-05-22 | 1.0000          |
|  |  |
| 2025-05-23 | 1.0000          |
|  |  |
| 2025-05-27 | 1.0000          |
|  |  |
| 2025-05-28 | 1.0000          |
|  |  |
| 2025-05-29 | 1.0000          |
|  |  |
| 2025-05-30 | 1.0000          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-05-02 | $1462419.00               | $3784603.00             |
| 2025-05-21 | $5235274.00               | $342608.00              |
| 2025-05-22 | $5668406.00               | $670828.00              |
| 2025-05-27 | $3878741.00               | $5146936.00             |
| 2025-05-28 | $6643426.00               | $1138101.00             |
| 2025-05-29 | $7865046.00               | $3276757.00             |
| 2025-05-30 | $258297.00                | $8553202.00             |
| 2025-05-05 | $1455221.00               | $7847116.00             |
| 2025-05-23 | $1865997.00               | $2194111.00             |
| 2025-05-13 | $2944197.00               | $26934291.00            |
| 2025-05-19 | $5061612.00               | $1388597.00             |
| 2025-05-09 | $251723.00                | $6026181.00             |
| 2025-05-14 | $29785524.00              | $7969460.00             |
| 2025-05-07 | $2451256.00               | $10880282.00            |
| 2025-05-20 | $2670127.00               | $13698705.00            |
| 2025-05-08 | $3621292.00               | $5040337.00             |
| 2025-05-16 | $7051205.00               | $7951680.00             |
| 2025-05-12 | $9124267.00               | $527152.00              |
| 2025-05-06 | $4688879.00               | $1069862.00             |
| 2025-05-15 | $5804919.00               | $18592669.00            |
| 2025-05-01 | $7814808.73               | $1008811.00             |

**Total Gross Subscriptions (Month):** $115602636.73

**Total Gross Redemptions (Month):** $134042289.00

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-05-01 | 4.1100%           |
| 2025-05-02 | 4.1200%           |
| 2025-05-05 | 4.1100%           |
| 2025-05-06 | 4.1000%           |
| 2025-05-07 | 4.0900%           |
| 2025-05-08 | 4.0800%           |
| 2025-05-09 | 4.0500%           |
| 2025-05-12 | 4.0400%           |
| 2025-05-13 | 4.0400%           |
| 2025-05-14 | 4.0400%           |
| 2025-05-15 | 4.0400%           |
| 2025-05-16 | 4.0500%           |
| 2025-05-19 | 4.0300%           |
| 2025-05-20 | 4.0200%           |
| 2025-05-21 | 3.9500%           |
| 2025-05-22 | 4.0300%           |
| 2025-05-23 | 4.0100%           |
| 2025-05-27 | 4.0100%           |
| 2025-05-28 | 4.0200%           |
| 2025-05-29 | 4.0200%           |
| 2025-05-30 | 4.0300%           |

### Class: Class I

- **Minimum Initial Investment:** $5000000.00

- **Net Assets of Class:** $11097.00

- **Number of Shares Outstanding:** 11092.7900

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-05-01 | 1.0000          |
|  |  |
| 2025-05-02 | 1.0000          |
|  |  |
| 2025-05-05 | 1.0000          |
|  |  |
| 2025-05-06 | 1.0000          |
|  |  |
| 2025-05-07 | 1.0000          |
|  |  |
| 2025-05-08 | 1.0000          |
|  |  |
| 2025-05-09 | 1.0000          |
|  |  |
| 2025-05-12 | 1.0000          |
|  |  |
| 2025-05-13 | 1.0000          |
|  |  |
| 2025-05-14 | 1.0000          |
|  |  |
| 2025-05-15 | 1.0000          |
|  |  |
| 2025-05-16 | 1.0000          |
|  |  |
| 2025-05-19 | 1.0000          |
|  |  |
| 2025-05-20 | 1.0000          |
|  |  |
| 2025-05-21 | 1.0000          |
|  |  |
| 2025-05-22 | 1.0000          |
|  |  |
| 2025-05-23 | 1.0000          |
|  |  |
| 2025-05-27 | 1.0000          |
|  |  |
| 2025-05-28 | 1.0000          |
|  |  |
| 2025-05-29 | 1.0000          |
|  |  |
| 2025-05-30 | 1.0000          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-05-09 | $0.00                     | $0.00                   |
| 2025-05-23 | $0.00                     | $0.00                   |
| 2025-05-08 | $0.00                     | $0.00                   |
| 2025-05-20 | $0.00                     | $0.00                   |
| 2025-05-05 | $0.00                     | $0.00                   |
| 2025-05-15 | $0.00                     | $0.00                   |
| 2025-05-06 | $0.00                     | $0.00                   |
| 2025-05-19 | $0.00                     | $0.00                   |
| 2025-05-01 | $0.00                     | $0.00                   |
| 2025-05-21 | $0.00                     | $0.00                   |
| 2025-05-22 | $0.00                     | $0.00                   |
| 2025-05-27 | $0.00                     | $0.00                   |
| 2025-05-28 | $0.00                     | $0.00                   |
| 2025-05-29 | $0.00                     | $0.00                   |
| 2025-05-30 | $0.00                     | $0.00                   |
| 2025-05-13 | $0.00                     | $0.00                   |
| 2025-05-14 | $0.00                     | $0.00                   |
| 2025-05-02 | $0.00                     | $0.00                   |
| 2025-05-16 | $0.00                     | $0.00                   |
| 2025-05-07 | $0.00                     | $0.00                   |
| 2025-05-12 | $0.00                     | $0.00                   |

**Total Gross Subscriptions (Month):** $0.00

**Total Gross Redemptions (Month):** $0.00

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-05-01 | 4.1100%           |
| 2025-05-02 | 4.1200%           |
| 2025-05-05 | 4.1100%           |
| 2025-05-06 | 4.1000%           |
| 2025-05-07 | 4.0900%           |
| 2025-05-08 | 4.0800%           |
| 2025-05-09 | 4.0500%           |
| 2025-05-12 | 4.0400%           |
| 2025-05-13 | 4.0400%           |
| 2025-05-14 | 4.0400%           |
| 2025-05-15 | 4.0400%           |
| 2025-05-16 | 4.0500%           |
| 2025-05-19 | 4.1900%           |
| 2025-05-20 | 4.1800%           |
| 2025-05-21 | 3.8600%           |
| 2025-05-22 | 4.0400%           |
| 2025-05-23 | 4.0200%           |
| 2025-05-27 | 4.0100%           |
| 2025-05-28 | 4.0200%           |
| 2025-05-29 | 4.0200%           |
| 2025-05-30 | 4.0300%           |

**Beneficial/Record Owner Categories**
| Category                  | Other Category   | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Non-financial corporation |  | 100.0000%        | 0.0000%              |

## Part C: Schedule of Portfolio Securities

### Security 1: Royal Bank of Canada

- **C.1 - Title:** Royal Bank of Canada
- **C.6 - Investment Category:** U.S. Treasury Repurchase Agreement, if collateralized only by U.S. Treasuries (including Strips) and cash
- **Identifiers:** C.3 - CUSIP: N/A, C.3 - LEI: ES7IP3U3RHIGC71XBU11, C.5 - Other ID: ZS31LNG
- **C.18 - Value (incl. sponsor support):** $66532000.00
- **C.18.a - Value (excl. sponsor support):** $66532000.00
- **C.19 - Percentage of Net Assets:** 20.7700%
- **C.17 - Yield as of Reporting Date:** 4.3500%
- **C.11 - Maturity Date (WAM):** 2025-06-02
- **C.12 - Maturity Date (WAL):** 2025-06-02
- **C.13 - Final Legal Maturity Date:** 2025-06-02
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

**C.8 - Repurchase Agreement Details:**

- **Is Open?:** No

- **Is Cleared?:** No

- **Is Tri-party?:** Yes

**Collateral:**
| Issuer Name            | Maturity Date   | Coupon   | Yield   | Principal Amount   | Collateral Value   | Category                           |
|:---|:---|:---|:---|:---|:---|:---|
| United States Treasury | 2026-11-30      | 4.2500%  | N/A     | $40476968.46       | $38879724.05       | U.S. Treasuries (including strips) |
| United States Treasury | 2026-07-31      | 4.3750%  | N/A     | $3866123.34        | $3933300.74        | U.S. Treasuries (including strips) |
| United States Treasury | 2026-09-30      | 0.8750%  | N/A     | $24474052.09       | $25074235.19       | U.S. Treasuries (including strips) |

### Security 2: Federal Farm Credit Banks Funding Corp.

- **C.1 - Title:** Federal Farm Credit Banks Funding Corp.
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as coupon-paying notes)
- **Identifiers:** C.3 - CUSIP: 3133ETJQ1, C.4 - ISIN: US3133ETJQ14, C.3 - LEI: 254900C5LP6DN9OP9V83
- **C.18 - Value (incl. sponsor support):** $3148918.83
- **C.18.a - Value (excl. sponsor support):** $3148918.83
- **C.19 - Percentage of Net Assets:** 0.9800%
- **C.17 - Yield as of Reporting Date:** 4.2400%
- **C.11 - Maturity Date (WAM):** 2026-05-28
- **C.12 - Maturity Date (WAL):** 2026-05-28
- **C.13 - Final Legal Maturity Date:** 2026-05-28
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 3: HSBC Securities USA, Inc.

- **C.1 - Title:** HSBC Securities USA, Inc.
- **C.6 - Investment Category:** U.S. Government Agency Repurchase Agreement, collateralized only by U.S. Government Agency securities, U.S. Treasuries, and cash
- **Identifiers:** C.3 - CUSIP: N/A, C.3 - LEI: CYYGQCGNHMHPSMRL3R97, C.5 - Other ID: ZS31LMZ
- **C.18 - Value (incl. sponsor support):** $66533000.00
- **C.18.a - Value (excl. sponsor support):** $66533000.00
- **C.19 - Percentage of Net Assets:** 20.7700%
- **C.17 - Yield as of Reporting Date:** 4.3500%
- **C.11 - Maturity Date (WAM):** 2025-06-02
- **C.12 - Maturity Date (WAL):** 2025-06-02
- **C.13 - Final Legal Maturity Date:** 2025-06-02
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

**C.8 - Repurchase Agreement Details:**

- **Is Open?:** No

- **Is Cleared?:** No

- **Is Tri-party?:** Yes

**Collateral:**
| Issuer Name                              | Maturity Date   | Coupon   | Yield   | Principal Amount   | Collateral Value   | Category                          |
|:---|:---|:---|:---|:---|:---|:---|
| Federal National Mortgage Association    | 2053-06-01      | 6.0000%  | N/A     | $5036503.39        | $3805305.35        | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2034-06-01      | 3.3700%  | N/A     | $798396.00         | $715980.82         | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2055-01-01      | 5.5000%  | N/A     | $71296.36          | $70355.10          | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2053-08-01      | 5.0000%  | N/A     | $47325.19          | $43099.09          | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2031-08-01      | 2.0000%  | N/A     | $269754.06         | $196897.33         | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2047-10-01      | 3.5000%  | N/A     | $213253.17         | $48328.00          | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2050-07-01      | 3.0000%  | N/A     | $90751.01          | $32101.65          | Agency Mortgage-Backed Securities |
| Federal Home Loan Mortgage Corp.         | 2055-05-01      | 6.0000%  | N/A     | $2003371.44        | $2045591.15        | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2043-06-01      | 3.5000%  | N/A     | $49633.62          | $7155.40           | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2034-02-01      | 3.7250%  | N/A     | $804056.10         | $739922.29         | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2055-02-01      | 7.0000%  | N/A     | $134625.80         | $141421.88         | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2051-04-01      | 4.5000%  | N/A     | $5083121.20        | $435017.24         | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2034-12-01      | 5.2000%  | N/A     | $8377249.87        | $8587375.50        | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2039-06-01      | 3.3700%  | N/A     | $260144.03         | $219883.29         | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2041-07-01      | 4.5000%  | N/A     | $2389486.52        | $75853.68          | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2049-05-01      | 3.8300%  | N/A     | $1926130.35        | $1594666.74        | Agency Mortgage-Backed Securities |
| Federal Home Loan Mortgage Corp.         | 2053-01-01      | 4.3570%  | N/A     | $5927649.59        | $5132770.98        | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2025-12-01      | 3.9050%  | N/A     | $793975.55         | $791259.11         | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2033-06-01      | 3.6700%  | N/A     | $1364192.63        | $1116698.72        | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2054-11-01      | 4.5000%  | N/A     | $192387.36         | $180346.08         | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2051-01-01      | 2.0000%  | N/A     | $213130.75         | $111026.59         | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2054-02-01      | 6.0000%  | N/A     | $460449.61         | $419565.19         | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2041-12-01      | 2.4100%  | N/A     | $266132.00         | $183594.19         | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2051-04-01      | 2.0000%  | N/A     | $24084.95          | $13547.10          | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2045-05-01      | 3.5000%  | N/A     | $3297428.71        | $543634.14         | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2031-06-01      | 3.8900%  | N/A     | $266132.00         | $257608.49         | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2037-11-01      | 3.5100%  | N/A     | $351244.74         | $293651.57         | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2030-10-01      | 3.5950%  | N/A     | $21611.25          | $19323.55          | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2027-12-01      | 3.0100%  | N/A     | $64499.75          | $60132.17          | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2037-11-01      | 4.5000%  | N/A     | $275752.67         | $161317.49         | Agency Mortgage-Backed Securities |
| Federal Home Loan Mortgage Corp.         | 2054-04-01      | 6.0000%  | N/A     | $6396442.17        | $6093142.57        | Agency Mortgage-Backed Securities |
| Government National Mortgage Association | 2065-05-20      | 7.0000%  | N/A     | $50215.12          | $51630.12          | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2053-09-01      | 6.0000%  | N/A     | $3644185.93        | $3419021.97        | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2053-11-01      | 6.0000%  | N/A     | $229733.92         | $206987.44         | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2037-08-01      | 4.1700%  | N/A     | $495752.82         | $459879.24         | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2033-06-01      | 3.6200%  | N/A     | $1073376.36        | $1000576.87        | Agency Mortgage-Backed Securities |
| Federal Home Loan Mortgage Corp.         | 2054-10-01      | 5.5000%  | N/A     | $283370.43         | $258176.40         | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2051-05-01      | 2.8100%  | N/A     | $798396.00         | $559775.09         | Agency Mortgage-Backed Securities |
| Federal Home Loan Mortgage Corp.         | 2055-04-01      | 6.0000%  | N/A     | $178085.69         | $181881.86         | Agency Mortgage-Backed Securities |
| Federal Home Loan Mortgage Corp.         | 2041-12-01      | 2.0000%  | N/A     | $13040.47          | $8299.13           | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2044-02-01      | 4.0000%  | N/A     | $6092072.32        | $823650.26         | Agency Mortgage-Backed Securities |
| Federal Home Loan Mortgage Corp.         | 2049-04-01      | 4.5000%  | N/A     | $582180.78         | $198561.29         | Agency Mortgage-Backed Securities |
| Federal Home Loan Mortgage Corp.         | 2053-04-01      | 3.8030%  | N/A     | $10099628.50       | $9349404.97        | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2052-04-01      | 3.0000%  | N/A     | $130377.40         | $90761.52          | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2033-05-01      | 3.5100%  | N/A     | $875840.41         | $812946.75         | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2051-11-01      | 2.0000%  | N/A     | $33798.76          | $19197.98          | Agency Mortgage-Backed Securities |
| Federal Home Loan Mortgage Corp.         | 2053-12-01      | 7.5000%  | N/A     | $253496.85         | $241507.49         | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2042-04-01      | 3.0100%  | N/A     | $138029.10         | $100540.49         | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2034-02-01      | 3.9600%  | N/A     | $1612080.75        | $1524488.34        | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2034-05-01      | 3.5900%  | N/A     | $154356.56         | $141653.01         | Agency Mortgage-Backed Securities |
| Federal Home Loan Mortgage Corp.         | 2053-01-01      | 5.0000%  | N/A     | $133066.00         | $117795.51         | Agency Mortgage-Backed Securities |
| Federal Home Loan Mortgage Corp.         | 2054-11-01      | 6.5000%  | N/A     | $244545.24         | $166570.93         | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2030-02-01      | 2.6800%  | N/A     | $1821008.21        | $1605164.08        | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2055-03-01      | 6.0000%  | N/A     | $1081875.55        | $1098319.30        | Agency Mortgage-Backed Securities |
| Federal Home Loan Mortgage Corp.         | 2052-08-01      | 4.0000%  | N/A     | $3286559.88        | $2547799.94        | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2054-07-01      | 6.5000%  | N/A     | $199436.39         | $204474.46         | Agency Mortgage-Backed Securities |
| Federal Home Loan Mortgage Corp.         | 2054-11-01      | 4.5000%  | N/A     | $17467.04          | $16416.69          | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2053-05-01      | 5.5000%  | N/A     | $13333.21          | $12893.08          | Agency Mortgage-Backed Securities |
| Federal Home Loan Mortgage Corp.         | 2054-04-01      | 5.5000%  | N/A     | $2556607.70        | $2349578.55        | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2034-05-01      | 3.5900%  | N/A     | $7803.12           | $7140.18           | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2048-09-01      | 4.0200%  | N/A     | $59940.91          | $49000.22          | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2054-12-01      | 4.5000%  | N/A     | $158955.85         | $149273.44         | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2040-05-01      | 5.5000%  | N/A     | $1513967.46        | $1557723.48        | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2054-10-01      | 5.5000%  | N/A     | $119519.62         | $117896.48         | Agency Mortgage-Backed Securities |
| Federal Home Loan Mortgage Corp.         | 2053-02-01      | 5.5000%  | N/A     | $46285.15          | $39684.76          | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2030-06-01      | 3.6000%  | N/A     | $3875222.57        | $3744468.68        | Agency Mortgage-Backed Securities |
| Federal Home Loan Mortgage Corp.         | 2055-04-01      | 6.0000%  | N/A     | $260265.39         | $267165.20         | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2041-06-01      | 3.0000%  | N/A     | $1205586.48        | $142320.84         | Agency Mortgage-Backed Securities |
| Federal Home Loan Mortgage Corp.         | 2051-08-01      | 4.0000%  | N/A     | $19959.90          | $15348.10          | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association    | 2051-01-01      | 2.0000%  | N/A     | $149255.87         | $93714.14          | Agency Mortgage-Backed Securities |

### Security 4: Federal Home Loan Mortgage Corp.

- **C.1 - Title:** Federal Home Loan Mortgage Corp.
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as coupon-paying notes)
- **Identifiers:** C.3 - CUSIP: 3134HATA1, C.4 - ISIN: US3134HATA17, C.3 - LEI: S6XOOCT0IEG5ABCC6L87
- **C.18 - Value (incl. sponsor support):** $4052100.05
- **C.18.a - Value (excl. sponsor support):** $4052100.05
- **C.19 - Percentage of Net Assets:** 1.2700%
- **C.17 - Yield as of Reporting Date:** 4.5000%
- **C.11 - Maturity Date (WAM):** 2025-06-01
- **C.12 - Maturity Date (WAL):** 2026-10-16
- **C.13 - Final Legal Maturity Date:** 2026-10-16
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 5: U.S. Treasury Bills

- **C.1 - Title:** U.S. Treasury Bills
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797PV3, C.4 - ISIN: US912797PV33, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $3918946.17
- **C.18.a - Value (excl. sponsor support):** $3918946.17
- **C.19 - Percentage of Net Assets:** 1.2200%
- **C.17 - Yield as of Reporting Date:** 4.0800%
- **C.11 - Maturity Date (WAM):** 2026-03-19
- **C.12 - Maturity Date (WAL):** 2026-03-19
- **C.13 - Final Legal Maturity Date:** 2026-03-19
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 6: Federal Farm Credit Banks Funding Corp.

- **C.1 - Title:** Federal Farm Credit Banks Funding Corp.
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313313HW1, C.4 - ISIN: US313313HW12, C.3 - LEI: 254900C5LP6DN9OP9V83
- **C.18 - Value (incl. sponsor support):** $1841602.54
- **C.18.a - Value (excl. sponsor support):** $1841602.54
- **C.19 - Percentage of Net Assets:** 0.5800%
- **C.17 - Yield as of Reporting Date:** 4.1800%
- **C.11 - Maturity Date (WAM):** 2025-07-08
- **C.12 - Maturity Date (WAL):** 2025-07-08
- **C.13 - Final Legal Maturity Date:** 2025-07-08
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 7: Federal Farm Credit Banks Funding Corp.

- **C.1 - Title:** Federal Farm Credit Banks Funding Corp.
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as coupon-paying notes)
- **Identifiers:** C.3 - CUSIP: 3133EREL1, C.4 - ISIN: US3133EREL16, C.3 - LEI: 254900C5LP6DN9OP9V83
- **C.18 - Value (incl. sponsor support):** $4051039.47
- **C.18.a - Value (excl. sponsor support):** $4051039.47
- **C.19 - Percentage of Net Assets:** 1.2600%
- **C.17 - Yield as of Reporting Date:** 4.4600%
- **C.11 - Maturity Date (WAM):** 2025-06-01
- **C.12 - Maturity Date (WAL):** 2026-05-14
- **C.13 - Final Legal Maturity Date:** 2026-05-14
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 8: Federal Farm Credit Banks Funding Corp.

- **C.1 - Title:** Federal Farm Credit Banks Funding Corp.
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313313JW9, C.4 - ISIN: US313313JW93, C.3 - LEI: 254900C5LP6DN9OP9V83
- **C.18 - Value (incl. sponsor support):** $4020019.88
- **C.18.a - Value (excl. sponsor support):** $4020019.88
- **C.19 - Percentage of Net Assets:** 1.2600%
- **C.17 - Yield as of Reporting Date:** 4.1600%
- **C.11 - Maturity Date (WAM):** 2025-08-01
- **C.12 - Maturity Date (WAL):** 2025-08-01
- **C.13 - Final Legal Maturity Date:** 2025-08-01
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 9: Federal National Mortgage Association

- **C.1 - Title:** Federal National Mortgage Association
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as coupon-paying notes)
- **Identifiers:** C.3 - CUSIP: 3135G07H0, C.4 - ISIN: US3135G07H00, C.3 - LEI: B1V7KEBTPIMZEU4LTD58
- **C.18 - Value (incl. sponsor support):** $2000983.74
- **C.18.a - Value (excl. sponsor support):** $2000983.74
- **C.19 - Percentage of Net Assets:** 0.6300%
- **C.17 - Yield as of Reporting Date:** 4.4700%
- **C.11 - Maturity Date (WAM):** 2025-06-01
- **C.12 - Maturity Date (WAL):** 2026-07-29
- **C.13 - Final Legal Maturity Date:** 2026-07-29
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 10: Federal Farm Credit Banks Funding Corp.

- **C.1 - Title:** Federal Farm Credit Banks Funding Corp.
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as coupon-paying notes)
- **Identifiers:** C.3 - CUSIP: 3133ERKS9, C.4 - ISIN: US3133ERKS94, C.3 - LEI: 254900C5LP6DN9OP9V83
- **C.18 - Value (incl. sponsor support):** $4001439.28
- **C.18.a - Value (excl. sponsor support):** $4001439.28
- **C.19 - Percentage of Net Assets:** 1.2500%
- **C.17 - Yield as of Reporting Date:** 4.4800%
- **C.11 - Maturity Date (WAM):** 2025-06-01
- **C.12 - Maturity Date (WAL):** 2026-07-10
- **C.13 - Final Legal Maturity Date:** 2026-07-10
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 11: BNP Paribas SA

- **C.1 - Title:** BNP Paribas SA
- **C.6 - Investment Category:** U.S. Government Agency Repurchase Agreement, collateralized only by U.S. Government Agency securities, U.S. Treasuries, and cash
- **Identifiers:** C.3 - CUSIP: N/A, C.3 - LEI: R0MUWSFPU8MPRO8K5P83, C.5 - Other ID: ZS31LMC
- **C.18 - Value (incl. sponsor support):** $66533000.00
- **C.18.a - Value (excl. sponsor support):** $66533000.00
- **C.19 - Percentage of Net Assets:** 20.7700%
- **C.17 - Yield as of Reporting Date:** 4.3500%
- **C.11 - Maturity Date (WAM):** 2025-06-02
- **C.12 - Maturity Date (WAL):** 2025-06-02
- **C.13 - Final Legal Maturity Date:** 2025-06-02
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

**C.8 - Repurchase Agreement Details:**

- **Is Open?:** No

- **Is Cleared?:** No

- **Is Tri-party?:** Yes

**Collateral:**
| Issuer Name                              | Maturity Date   | Coupon   | Yield   | Principal Amount   | Collateral Value   | Category                           |
|:---|:---|:---|:---|:---|:---|:---|
| United States Treasury                   | 2032-07-15      | 0.6250%  | N/A     | $9522036.63        | $9673003.38        | U.S. Treasuries (including strips) |
| Government National Mortgage Association | 2043-02-20      | 4.0000%  | N/A     | $125461.28         | $10395.80          | Agency Mortgage-Backed Securities  |
| Federal National Mortgage Association    | 2054-03-01      | 5.5000%  | N/A     | $11938.10          | $10395.86          | Agency Mortgage-Backed Securities  |
| Government National Mortgage Association | 2048-03-20      | 4.0000%  | N/A     | $362038.49         | $33155.89          | Agency Mortgage-Backed Securities  |
| Government National Mortgage Association | 2055-04-20      | 6.0000%  | N/A     | $10185.79          | $10395.79          | Agency Mortgage-Backed Securities  |
| Federal National Mortgage Association    | 2043-10-01      | 4.0000%  | N/A     | $67213.30          | $10395.96          | Agency Mortgage-Backed Securities  |
| Federal National Mortgage Association    | 2034-01-01      | 4.7950%  | N/A     | $7343912.54        | $120328.32         | Agency Mortgage-Backed Securities  |
| Federal National Mortgage Association    | 2052-08-01      | 4.5000%  | N/A     | $2161906.67        | $1671744.72        | Agency Mortgage-Backed Securities  |
| Federal Home Loan Mortgage Corp.         | 2053-05-01      | 5.0000%  | N/A     | $6089898.56        | $5178420.03        | Agency Mortgage-Backed Securities  |
| Federal Home Loan Mortgage Corp.         | 2054-10-01      | 5.5000%  | N/A     | $2729305.08        | $2711792.17        | Agency Mortgage-Backed Securities  |
| Federal National Mortgage Association    | 2053-04-01      | 5.0000%  | N/A     | $11305224.57       | $8374678.80        | Agency Mortgage-Backed Securities  |
| Federal Home Loan Mortgage Corp.         | 2055-05-01      | 5.5000%  | N/A     | $10530.93          | $10418.57          | Agency Mortgage-Backed Securities  |
| Federal National Mortgage Association    | 2032-10-01      | 4.1200%  | N/A     | $32882.27          | $31830.99          | Agency Mortgage-Backed Securities  |
| Government National Mortgage Association | 2049-05-20      | 5.5000%  | N/A     | $19759.47          | $10395.82          | Agency Mortgage-Backed Securities  |
| Federal National Mortgage Association    | 2053-10-01      | 6.0000%  | N/A     | $12076504.63       | $9630144.54        | Agency Mortgage-Backed Securities  |
| Government National Mortgage Association | 2055-01-20      | 5.0000%  | N/A     | $2734985.34        | $2639479.27        | Agency Mortgage-Backed Securities  |
| Federal National Mortgage Association    | 2038-01-01      | 6.9180%  | N/A     | $559297.19         | $27077.45          | Agency Mortgage-Backed Securities  |
| Federal Home Loan Mortgage Corp.         | 2035-09-01      | 6.8110%  | N/A     | $24079914.44       | $337427.67         | Agency Mortgage-Backed Securities  |
| Federal Home Loan Mortgage Corp.         | 2055-01-01      | 6.0000%  | N/A     | $10743.42          | $10396.91          | Agency Mortgage-Backed Securities  |
| Government National Mortgage Association | 2055-05-20      | 4.0000%  | N/A     | $2747192.90        | $2521374.25        | Agency Mortgage-Backed Securities  |
| Federal National Mortgage Association    | 2055-06-01      | 5.6120%  | N/A     | $340473.90         | $344857.08         | Agency Mortgage-Backed Securities  |
| Federal Home Loan Mortgage Corp.         | 2046-09-01      | 7.3220%  | N/A     | $441433.98         | $10395.98          | Agency Mortgage-Backed Securities  |
| Federal National Mortgage Association    | 2055-05-01      | 5.2800%  | N/A     | $16456.11          | $16669.46          | Agency Mortgage-Backed Securities  |
| Government National Mortgage Association | 2055-05-20      | 6.0000%  | N/A     | $10164.58          | $10395.89          | Agency Mortgage-Backed Securities  |
| Government National Mortgage Association | 2053-06-20      | 5.5000%  | N/A     | $11097456.15       | $9037313.40        | Agency Mortgage-Backed Securities  |
| Government National Mortgage Association | 2040-08-15      | 5.0000%  | N/A     | $6314380.07        | $156654.74         | Agency Mortgage-Backed Securities  |
| Federal Home Loan Mortgage Corp.         | 2055-05-01      | 6.0000%  | N/A     | $486547.51         | $480107.58         | Agency Mortgage-Backed Securities  |
| Government National Mortgage Association | 2052-08-20      | 4.5000%  | N/A     | $68049.95          | $52300.91          | Agency Mortgage-Backed Securities  |
| Federal National Mortgage Association    | 2052-01-01      | 2.5000%  | N/A     | $15130.85          | $10395.97          | Agency Mortgage-Backed Securities  |
| Federal National Mortgage Association    | 2048-12-01      | 4.5000%  | N/A     | $60073.48          | $10410.46          | Agency Mortgage-Backed Securities  |
| Federal National Mortgage Association    | 2055-04-01      | 6.5000%  | N/A     | $625203.95         | $646458.68         | Agency Mortgage-Backed Securities  |
| Federal Home Loan Mortgage Corp.         | 2053-04-01      | 5.5000%  | N/A     | $35957.34          | $32661.17          | Agency Mortgage-Backed Securities  |
| Government National Mortgage Association | 2047-10-15      | 3.5000%  | N/A     | $125287.04         | $10395.80          | Agency Mortgage-Backed Securities  |
| Federal National Mortgage Association    | 2034-09-01      | 2.8900%  | N/A     | $33802.51          | $29273.82          | Agency Mortgage-Backed Securities  |
| Federal Home Loan Mortgage Corp.         | 2049-08-01      | 4.5000%  | N/A     | $3307465.21        | $1057714.86        | Agency Mortgage-Backed Securities  |
| Federal Home Loan Mortgage Corp.         | 2055-04-01      | 6.0000%  | N/A     | $582163.75         | $593394.52         | Agency Mortgage-Backed Securities  |
| Federal National Mortgage Association    | 2049-09-01      | 3.0000%  | N/A     | $41007021.99       | $7222563.80        | Agency Mortgage-Backed Securities  |
| Government National Mortgage Association | 2045-12-20      | 3.0000%  | N/A     | $90048.26          | $10395.87          | Agency Mortgage-Backed Securities  |
| Federal National Mortgage Association    | 2050-02-01      | 3.0000%  | N/A     | $6287577.66        | $3097509.53        | Agency Mortgage-Backed Securities  |
| Federal National Mortgage Association    | 2033-06-01      | 3.8000%  | N/A     | $36005.16          | $33541.84          | Agency Mortgage-Backed Securities  |
| Federal National Mortgage Association    | 2034-10-01      | 5.7740%  | N/A     | $2985373.13        | $49575.34          | Agency Mortgage-Backed Securities  |
| Federal National Mortgage Association    | 2054-02-01      | 5.0000%  | N/A     | $11522.68          | $10396.87          | Agency Mortgage-Backed Securities  |
| Federal Home Loan Mortgage Corp.         | 2047-03-01      | 2.5760%  | N/A     | $77835.71          | $10409.10          | Agency Mortgage-Backed Securities  |
| Federal Home Loan Mortgage Corp.         | 2055-03-01      | 6.5000%  | N/A     | $1703594.10        | $1760656.55        | Agency Mortgage-Backed Securities  |
| Federal Home Loan Mortgage Corp.         | 2055-03-01      | 6.0000%  | N/A     | $169494.06         | $170559.19         | Agency Mortgage-Backed Securities  |

### Security 12: Federal Farm Credit Banks Funding Corp.

- **C.1 - Title:** Federal Farm Credit Banks Funding Corp.
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 3133ETKG1, C.4 - ISIN: US3133ETKG13, C.3 - LEI: 254900C5LP6DN9OP9V83
- **C.18 - Value (incl. sponsor support):** $3950000.00
- **C.18.a - Value (excl. sponsor support):** $3950000.00
- **C.19 - Percentage of Net Assets:** 1.2300%
- **C.17 - Yield as of Reporting Date:** 0.0000%
- **C.11 - Maturity Date (WAM):** 2025-06-01
- **C.12 - Maturity Date (WAL):** 2026-10-05
- **C.13 - Final Legal Maturity Date:** 2026-10-05
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 13: BofA Securities, Inc.

- **C.1 - Title:** BofA Securities, Inc.
- **C.6 - Investment Category:** U.S. Government Agency Repurchase Agreement, collateralized only by U.S. Government Agency securities, U.S. Treasuries, and cash
- **Identifiers:** C.3 - CUSIP: N/A, C.3 - LEI: 549300HN4UKV1E2R3U73, C.5 - Other ID: ZS31LN1
- **C.18 - Value (incl. sponsor support):** $66533000.00
- **C.18.a - Value (excl. sponsor support):** $66533000.00
- **C.19 - Percentage of Net Assets:** 20.7700%
- **C.17 - Yield as of Reporting Date:** 4.3500%
- **C.11 - Maturity Date (WAM):** 2025-06-02
- **C.12 - Maturity Date (WAL):** 2025-06-02
- **C.13 - Final Legal Maturity Date:** 2025-06-02
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

**C.8 - Repurchase Agreement Details:**

- **Is Open?:** No

- **Is Cleared?:** No

- **Is Tri-party?:** Yes

**Collateral:**
| Issuer Name                           | Maturity Date   | Coupon   | Yield   | Principal Amount   | Collateral Value   | Category                          |
|:---|:---|:---|:---|:---|:---|:---|
| Federal Home Loan Mortgage Corp.      | 2055-06-01      | 5.5000%  | N/A     | $32513427.12       | $32300417.23       | Agency Mortgage-Backed Securities |
| Federal Home Loan Mortgage Corp.      | 2040-05-01      | 5.5000%  | N/A     | $2552710.74        | $2558339.68        | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association | 2055-06-01      | 0.0000%  | N/A     | $5201396.06        | $5231539.74        | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association | 2053-04-01      | 5.0000%  | N/A     | $2292375.00        | $1891547.57        | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association | 2040-05-01      | 5.5000%  | N/A     | $2940712.85        | $2994503.07        | Agency Mortgage-Backed Securities |
| Federal Home Loan Mortgage Corp.      | 2037-11-01      | 1.5000%  | N/A     | $350336.88         | $264008.29         | Agency Mortgage-Backed Securities |
| Federal Home Loan Mortgage Corp.      | 2049-03-01      | 6.9880%  | N/A     | $4174114.91        | $4144050.37        | Agency Mortgage-Backed Securities |
| Federal Home Loan Mortgage Corp.      | 2051-11-01      | 2.5000%  | N/A     | $5793956.66        | $3881163.18        | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association | 2055-05-01      | 4.5000%  | N/A     | $85869.58          | $80703.57          | Agency Mortgage-Backed Securities |
| Federal Home Loan Mortgage Corp.      | 2053-03-01      | 4.5000%  | N/A     | $805372.13         | $696459.22         | Agency Mortgage-Backed Securities |
| Federal National Mortgage Association | 2036-05-01      | 3.0000%  | N/A     | $20178785.25       | $3471646.07        | Agency Mortgage-Backed Securities |
| Federal Home Loan Mortgage Corp.      | 2053-11-01      | 6.5000%  | N/A     | $12903092.45       | $10349282.02       | Agency Mortgage-Backed Securities |

### Security 14: U.S. Treasury Bills

- **C.1 - Title:** U.S. Treasury Bills
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797QN0, C.4 - ISIN: US912797QN08, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $3069255.44
- **C.18.a - Value (excl. sponsor support):** $3069255.44
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.0900%
- **C.11 - Maturity Date (WAM):** 2026-05-14
- **C.12 - Maturity Date (WAL):** 2026-05-14
- **C.13 - Final Legal Maturity Date:** 2026-05-14
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 15: U.S. Treasury Notes

- **C.1 - Title:** U.S. Treasury Notes
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 91282CHS3, C.4 - ISIN: US91282CHS35, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $2100204.83
- **C.18.a - Value (excl. sponsor support):** $2100204.83
- **C.19 - Percentage of Net Assets:** 0.6600%
- **C.17 - Yield as of Reporting Date:** 4.5300%
- **C.11 - Maturity Date (WAM):** 2025-06-01
- **C.12 - Maturity Date (WAL):** 2025-07-31
- **C.13 - Final Legal Maturity Date:** 2025-07-31
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 16: Federal Home Loan Banks

- **C.1 - Title:** Federal Home Loan Banks
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as coupon-paying notes)
- **Identifiers:** C.3 - CUSIP: 3130B3G64, C.4 - ISIN: US3130B3G642, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $4051703.51
- **C.18.a - Value (excl. sponsor support):** $4051703.51
- **C.19 - Percentage of Net Assets:** 1.2700%
- **C.17 - Yield as of Reporting Date:** 4.4800%
- **C.11 - Maturity Date (WAM):** 2025-06-01
- **C.12 - Maturity Date (WAL):** 2026-11-04
- **C.13 - Final Legal Maturity Date:** 2026-11-04
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 17: Federal Home Loan Banks

- **C.1 - Title:** Federal Home Loan Banks
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385GN0, C.4 - ISIN: US313385GN09, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $2048323.84
- **C.18.a - Value (excl. sponsor support):** $2048323.84
- **C.19 - Percentage of Net Assets:** 0.6400%
- **C.17 - Yield as of Reporting Date:** 4.2300%
- **C.11 - Maturity Date (WAM):** 2025-06-06
- **C.12 - Maturity Date (WAL):** 2025-06-06
- **C.13 - Final Legal Maturity Date:** 2025-06-06
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 18: Federal Farm Credit Banks Funding Corp.

- **C.1 - Title:** Federal Farm Credit Banks Funding Corp.
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as coupon-paying notes)
- **Identifiers:** C.3 - CUSIP: 3133ER7B1, C.4 - ISIN: US3133ER7B16, C.3 - LEI: 254900C5LP6DN9OP9V83
- **C.18 - Value (incl. sponsor support):** $4049797.22
- **C.18.a - Value (excl. sponsor support):** $4049797.22
- **C.19 - Percentage of Net Assets:** 1.2600%
- **C.17 - Yield as of Reporting Date:** 4.4300%
- **C.11 - Maturity Date (WAM):** 2025-06-01
- **C.12 - Maturity Date (WAL):** 2026-06-12
- **C.13 - Final Legal Maturity Date:** 2026-06-12
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 19: Federal Farm Credit Banks Funding Corp.

- **C.1 - Title:** Federal Farm Credit Banks Funding Corp.
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as coupon-paying notes)
- **Identifiers:** C.3 - CUSIP: 3133ERBC4, C.4 - ISIN: US3133ERBC44, C.3 - LEI: 254900C5LP6DN9OP9V83
- **C.18 - Value (incl. sponsor support):** $4051174.78
- **C.18.a - Value (excl. sponsor support):** $4051174.78
- **C.19 - Percentage of Net Assets:** 1.2700%
- **C.17 - Yield as of Reporting Date:** 4.4300%
- **C.11 - Maturity Date (WAM):** 2025-06-01
- **C.12 - Maturity Date (WAL):** 2026-02-12
- **C.13 - Final Legal Maturity Date:** 2026-02-12
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 20: Federal Home Loan Banks

- **C.1 - Title:** Federal Home Loan Banks
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385PY6, C.4 - ISIN: US313385PY62, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $3230979.58
- **C.18.a - Value (excl. sponsor support):** $3230979.58
- **C.19 - Percentage of Net Assets:** 1.0100%
- **C.17 - Yield as of Reporting Date:** 4.1100%
- **C.11 - Maturity Date (WAM):** 2025-12-01
- **C.12 - Maturity Date (WAL):** 2025-12-01
- **C.13 - Final Legal Maturity Date:** 2025-12-01
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 21: Federal Farm Credit Banks Funding Corp.

- **C.1 - Title:** Federal Farm Credit Banks Funding Corp.
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as coupon-paying notes)
- **Identifiers:** C.3 - CUSIP: 3133ERZL8, C.4 - ISIN: US3133ERZL86, C.3 - LEI: 254900C5LP6DN9OP9V83
- **C.18 - Value (incl. sponsor support):** $2050376.59
- **C.18.a - Value (excl. sponsor support):** $2050376.59
- **C.19 - Percentage of Net Assets:** 0.6400%
- **C.17 - Yield as of Reporting Date:** 4.4100%
- **C.11 - Maturity Date (WAM):** 2025-06-01
- **C.12 - Maturity Date (WAL):** 2025-10-30
- **C.13 - Final Legal Maturity Date:** 2025-10-30
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 22: Federal Home Loan Banks

- **C.1 - Title:** Federal Home Loan Banks
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as coupon-paying notes)
- **Identifiers:** C.3 - CUSIP: 3130B53U0, C.4 - ISIN: US3130B53U06, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $3599957.92
- **C.18.a - Value (excl. sponsor support):** $3599957.92
- **C.19 - Percentage of Net Assets:** 1.1200%
- **C.17 - Yield as of Reporting Date:** 4.4500%
- **C.11 - Maturity Date (WAM):** 2025-06-01
- **C.12 - Maturity Date (WAL):** 2026-02-19
- **C.13 - Final Legal Maturity Date:** 2026-02-19
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

## N-MFP: Signatures

**Registrant:** Putnam Investment Funds

**Date:** 2025-06-05

**By:** /s/Jeff White

**Name of Signing Officer:** Jeff White

**Title of Signing Officer:** Vice President