# EDGAR Filing Document

**Accession Number:** 0000277751
**File Stem:** 0001193125-26-081202
**Filing Date:** 2026-2
**Character Count:** 532931
**Document Hash:** c35644606a166ccab3a255a4a99589c3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-081202.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0001193125-26-081202

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JANUS INVESTMENT FUND
- **CENTRAL INDEX KEY:** 0000277751

**ORGANIZATION NAME:**
- **EIN:** 840592523
- **STATE OF INCORPORATION:** MA

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-01879
- **FILM NUMBER:** 26695644

**BUSINESS ADDRESS:**
- **STREET 1:** 151 DETROIT STREET
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80206
- **BUSINESS PHONE:** 303-333-3863

**MAIL ADDRESS:**
- **STREET 1:** 151 DETROIT STREET
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80206

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** JANUS FUND /MD/
- **DATE OF NAME CHANGE:** 19870701

## Series and Classes Contracts Data

### Janus Henderson Balanced Fund (Series ID: S000010464)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000028918 | Class T      | JABAX           |
| C000077650 | Class A      | JDBAX           |
| C000077651 | Class C      | JABCX           |
| C000077652 | Class I      | JBALX           |
| C000077653 | Class R      | JDBRX           |
| C000077654 | Class S      | JABRX           |
| C000083512 | Class D      | JANBX           |
| C000114869 | Class N      | JABNX           |

## Nport-Ex

**Janus Henderson Balanced Fund**

**Schedule of Investments (unaudited)**

**December 31, 2025**

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

---

| | | |
|:---|:---|:---|
|  | *Shares or* <br>*Principal Amounts*<br>| *Value* |
| Asset-Backed/Commercial Mortgage-Backed Securities – 10.9% |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 208 Park Avenue Mortgage Trust 2017-280P, CME Term SOFR 1 Month + <br> 1.1800%, 4.9580%, 9/15/34<sup>ž,</sup><sup>‡</sup> <br>| $11417538 | $11329663 |
| &nbsp;&nbsp;&nbsp; A&D Mortgage Trust 2024-NQM5 A1, 5.6990%, 11/25/69<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 8001335 | &nbsp;&nbsp;&nbsp;&nbsp; 8055539 |
| &nbsp;&nbsp;&nbsp; A&D Mortgage Trust 2025-NQM4 A1, 5.2250%, 10/25/70<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 7546309 | &nbsp;&nbsp;&nbsp;&nbsp; 7566004 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; AGL CLO 1 Ltd 2023-26A A1R, CME Term SOFR 3 Month + 1.2800%, <br> 5.1500%, 10/21/38<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 39500000 | &nbsp;&nbsp; 39610920 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ALA Trust 2025-OANA A, CME Term SOFR 1 Month + 1.7426%, 5.4936%, <br> 6/15/40<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 40760000 | &nbsp;&nbsp; 40876583 |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust I LLC 2019-5, 2.5930%, 10/25/49<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 332334 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 329219 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust I LLC 2019-6, Refinitiv USD IBOR Consumer Cash <br> Fallbacks 1 Year + 0.9500%, 2.6200%, 11/25/59<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 868349 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 860283 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust I LLC 2020-3, Refinitiv USD IBOR Consumer Cash <br> Fallbacks 1 Year + 1.0000%, 2.4100%, 4/25/65<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 1558918 | &nbsp;&nbsp;&nbsp;&nbsp; 1504762 |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust I LLC 2024-5 A1, 4.9500%, 7/25/68<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 21886070 | &nbsp;&nbsp; 21896441 |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust I LLC 2025-6 A1, 5.5150%, 4/25/70<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 17081386 | &nbsp;&nbsp; 17234857 |
| &nbsp;&nbsp;&nbsp; Ansley Park Capital LLC 2025-A A2, 4.4300%, 4/20/35<sup>ž</sup> <br>| &nbsp;&nbsp; 11670000 | &nbsp;&nbsp; 11722667 |
| &nbsp;&nbsp;&nbsp; Aqua Finance Trust 2021-A A, 1.5400%, 7/17/46<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 1707888 | &nbsp;&nbsp;&nbsp;&nbsp; 1568941 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Babson CLO Ltd LP-5A A, CME Term SOFR 3 Month + 1.2200%, 5.1044%, <br> 1/22/35<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 24995203 | &nbsp;&nbsp; 25003809 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bain Capital Credit CLO Ltd 2023-3A A1R, CME Term SOFR 3 Month + <br> 1.3100%, 5.1754%, 10/25/38<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 22259000 | &nbsp;&nbsp; 22315411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ballyrock Ltd 2020-14A A1BR, CME Term SOFR 3 Month + 1.5800%, 5.4644%, <br> 7/20/37<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 5292308 | &nbsp;&nbsp;&nbsp;&nbsp; 5311091 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BAMLL Commercial Mortgage Securities Trust 2024-FRR2 E, 1.2731%, <br> 7/27/50<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 6911000 | &nbsp;&nbsp;&nbsp;&nbsp; 5989570 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BAMLL Commercial Mortgage Securities Trust 2024-FRR3 E, 0.4876%, <br> 1/27/50<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 9329952 | &nbsp;&nbsp;&nbsp;&nbsp; 8531528 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BAMLL Commercial Mortgage Securities Trust 2024-FRR4 E, 0.0114%, <br> 11/27/48<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 2077000 | &nbsp;&nbsp;&nbsp;&nbsp; 2066121 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BAMLL Commercial Mortgage Securities Trust 2024-FRR4 F, 0.0107%, <br> 11/27/48<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 4284274 | &nbsp;&nbsp;&nbsp;&nbsp; 4258757 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bayview Opportunity Master Fund 2021-5 AF, US 30 Day Average SOFR + <br> 0.8500%, 4.7242%, 11/25/51<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 12588664 | &nbsp;&nbsp; 11712932 |
| &nbsp;&nbsp;&nbsp; Bayview Opportunity Master Fund 2022-2 A1, 3.0000%, 12/25/51<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 9902338 | &nbsp;&nbsp;&nbsp;&nbsp; 8633868 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bayview Opportunity Master Fund VII 2025-EDU1 B, US 30 Day Average SOFR + <br> 1.7000%, 5.5742%, 7/27/48<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 6190680 | &nbsp;&nbsp;&nbsp;&nbsp; 6182291 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Benefit Street Partners CLO Ltd 2018-15A A1R, CME Term SOFR 3 Month + <br> 1.3900%, 5.2945%, 7/15/37<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 36066000 | &nbsp;&nbsp; 36199004 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Benefit Street Partners CLO Ltd 2025-43A A, CME Term SOFR 3 Month + <br> 1.2700%, 5.1875%, 10/20/38<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 31619000 | &nbsp;&nbsp; 31686930 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BLP Commercial Mortgage Trust 2025-IND A, CME Term SOFR 1 Month + <br> 1.2000%, 4.9501%, 3/17/42<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 24325395 | &nbsp;&nbsp; 24147748 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BLP Commercial Mortgage Trust 2025-IND2 A, CME Term SOFR 1 Month + <br> 1.5000%, 5.2501%, 12/15/42<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 15929000 | &nbsp;&nbsp; 15935402 |
| &nbsp;&nbsp;&nbsp; BPR Trust 2023-BRK2 A, 6.8990%, 10/5/38<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 20831000 | &nbsp;&nbsp; 21744646 |
| &nbsp;&nbsp;&nbsp; BPR Trust 2024-PMDW A, 5.3580%, 11/5/41<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 28442928 | &nbsp;&nbsp; 29095846 |
| &nbsp;&nbsp;&nbsp; BPR Trust 2024-PMDW D, 5.8500%, 11/5/41<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 11000000 | &nbsp;&nbsp; 10976252 |
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2019-OC11, 3.6050%, 12/9/41<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 2965000 | &nbsp;&nbsp;&nbsp;&nbsp; 2807605 |
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2019-OC11, 3.8560%, 12/9/41<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 8218000 | &nbsp;&nbsp;&nbsp;&nbsp; 7785193 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2021-LBA AJV, CME Term SOFR 1 Month + <br> 0.9145%, 4.6655%, 2/15/36<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 18764000 | &nbsp;&nbsp; 18729631 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2021-LBA AV, CME Term SOFR 1 Month + <br> 0.9145%, 4.6655%, 2/15/36<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 14912300 | &nbsp;&nbsp; 14879219 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2024-AIR2 A, CME Term SOFR 1 Month + <br> 1.4923%, 5.2433%, 10/15/41<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 26045578 | &nbsp;&nbsp; 26070553 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2024-AIRC C, CME Term SOFR 1 Month + <br> 2.5900%, 6.3401%, 8/15/41<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 10845822 | &nbsp;&nbsp; 10858627 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2024-BRBK A, CME Term SOFR 1 Month + <br> 2.8796%, 6.6139%, 10/15/41<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 29782657 | &nbsp;&nbsp; 29918611 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2024-GPA3 A, CME Term SOFR 1 Month + <br> 1.2928%, 5.0429%, 12/15/39<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 13947579 | &nbsp;&nbsp; 13942289 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2024-GPA3 B, CME Term SOFR 1 Month + <br> 1.6423%, 5.3925%, 12/15/39<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 9635920 | &nbsp;&nbsp;&nbsp;&nbsp; 9637204 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2024-VLT4 A, CME Term SOFR 1 Month + <br> 1.4914%, 5.2415%, 6/17/41<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 24841746 | &nbsp;&nbsp; 24806648 |

---

------

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| | | |
|:---|:---|:---|
|  | *Shares or*<br> *Principal Amounts*<br>| *Value* |
| Asset-Backed/Commercial Mortgage-Backed Securities – (continued) |  |  |
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2024-VLT5 A, 5.4104%, 11/13/46<sup>ž,</sup><sup>‡</sup> <br>| $33959000 | $34338661 |
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2024-VLT5 B, 5.8015%, 11/13/46<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 7887000 | &nbsp;&nbsp;&nbsp;&nbsp; 8019873 |
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2024-VLT5 C, 6.1920%, 11/13/46<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 4221000 | &nbsp;&nbsp;&nbsp;&nbsp; 4307752 |
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2025-ARIA A, 5.0311%, 12/13/42<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 30916000 | &nbsp;&nbsp; 31107919 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2025-DIME A, CME Term SOFR 1 Month + <br> 1.1500%, 4.9001%, 2/15/35<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 25165000 | &nbsp;&nbsp; 25081807 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2025-GW A, CME Term SOFR 1 Month + <br> 1.6000%, 5.3500%, 7/15/42<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 23236000 | &nbsp;&nbsp; 23253110 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2025-ROIC A, CME Term SOFR 1 Month + <br> 1.1438%, 4.8940%, 3/15/30<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 31845797 | &nbsp;&nbsp; 31793006 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2025-ROIC B, CME Term SOFR 1 Month + <br> 1.3935%, 5.1436%, 3/15/30<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 6968821 | &nbsp;&nbsp;&nbsp;&nbsp; 6938002 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2025-SPOT A, CME Term SOFR 1 Month + <br> 1.4434%, 5.1935%, 4/16/40<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 11478996 | &nbsp;&nbsp; 11485614 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust 2025-VLT7 A, CME Term SOFR 1 Month + <br> 1.7000%, 5.4501%, 7/15/44<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 49200000 | &nbsp;&nbsp; 49208361 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BXHPP Trust 2021-FILM A, CME Term SOFR 1 Month + 0.7645%, 4.5145%, <br> 8/15/36<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 5993000 | &nbsp;&nbsp;&nbsp;&nbsp; 5788400 |
| &nbsp;&nbsp;&nbsp; BXP Trust 2017-GM, 3.3790%, 6/13/39<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 4190000 | &nbsp;&nbsp;&nbsp;&nbsp; 4115582 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Carlyle Global Markets Strategies 2023-2A A1R, CME Term SOFR 3 Month + <br> 1.3200%, 5.2044%, 7/20/38<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 33655000 | &nbsp;&nbsp; 33776626 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CART 2024-DFW1 A, CME Term SOFR 1 Month + 1.6417%, 5.3919%, <br> 8/15/41<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 17061000 | &nbsp;&nbsp; 17032330 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CART 2024-DFW1 B, CME Term SOFR 1 Month + 2.2908%, 6.0409%, <br> 8/15/41<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 12544811 | &nbsp;&nbsp; 12529462 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CBAMR Ltd 2018-5A A1R, CME Term SOFR 3 Month + 1.3400%, 5.4523%, <br> 10/18/38<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 16113000 | &nbsp;&nbsp; 16153680 |
| &nbsp;&nbsp;&nbsp; CF Hippolyta Issuer LLC 2020-1 A1, 1.6900%, 7/15/60<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 8486923 | &nbsp;&nbsp;&nbsp;&nbsp; 7146614 |
| &nbsp;&nbsp;&nbsp; CF Hippolyta Issuer LLC 2020-1 B1, 2.2800%, 7/15/60<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 818501 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 508625 |
| &nbsp;&nbsp;&nbsp; CF Hippolyta Issuer LLC 2021-1A A1, 1.5300%, 3/15/61<sup>ž</sup> <br>| &nbsp;&nbsp; 15680756 | &nbsp;&nbsp; 12629837 |
| &nbsp;&nbsp;&nbsp; CF Hippolyta Issuer LLC 2021-1A B1, 1.9800%, 3/15/61<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 5435902 | &nbsp;&nbsp;&nbsp;&nbsp; 3320736 |
| &nbsp;&nbsp;&nbsp; CF Hippolyta Issuer LLC 2022-1A A1, 5.9700%, 8/15/62<sup>ž</sup> <br>| &nbsp;&nbsp; 17384570 | &nbsp;&nbsp; 17177473 |
| &nbsp;&nbsp;&nbsp; CF Hippolyta Issuer LLC 2022-1A A2, 6.1100%, 8/15/62<sup>ž</sup> <br>| &nbsp;&nbsp; 49258196 | &nbsp;&nbsp; 48584112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chase Mortgage Finance Corp 2021-CL1 M1, US 30 Day Average SOFR + <br> 1.2000%, 5.0742%, 2/25/50<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 12205628 | &nbsp;&nbsp; 12099703 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CIFC Funding Ltd 2019-7A A1R, CME Term SOFR 3 Month + 1.2800%, <br> 5.3713%, 10/19/38<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 25667000 | &nbsp;&nbsp; 25738868 |
| &nbsp;&nbsp;&nbsp; Citigroup Mortgage Loan Trust Inc 2025-LTV1 A1, 5.2370%, 12/25/55<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 22601000 | &nbsp;&nbsp; 22619079 |
| &nbsp;&nbsp;&nbsp; Compass Datacenters Issuer II LLC 2024-2A A1, 5.0220%, 8/25/49<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 3645000 | &nbsp;&nbsp;&nbsp;&nbsp; 3654018 |
| &nbsp;&nbsp;&nbsp; Compass Datacenters Issuer II LLC 2025-1A A1, 5.3160%, 5/25/50<sup>ž</sup> <br>| &nbsp;&nbsp; 62151000 | &nbsp;&nbsp; 62771369 |
| &nbsp;&nbsp;&nbsp; Compass Datacenters Issuer III LLC 2025-1A A2, 5.6560%, 2/25/50<sup>ž</sup> <br>| &nbsp;&nbsp; 21257000 | &nbsp;&nbsp; 21482494 |
| &nbsp;&nbsp;&nbsp; Compass Datacenters Issuer III LLC 2025-2A A2, 5.8350%, 2/25/50<sup>ž</sup> <br>| &nbsp;&nbsp; 13235000 | &nbsp;&nbsp; 13415798 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust 2021-R03 1M2, US 30 Day Average SOFR <br> + 1.6500%, 5.5242%, 12/25/41<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 9797897 | &nbsp;&nbsp;&nbsp;&nbsp; 9842301 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust 2022-R02 2M2, US 30 Day Average SOFR <br> + 3.0000%, 6.8742%, 1/27/42<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 12368000 | &nbsp;&nbsp; 12591801 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust 2022-R05 2M1, US 30 Day Average SOFR <br> + 1.9000%, 5.7742%, 4/25/42<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 1637493 | &nbsp;&nbsp;&nbsp;&nbsp; 1638829 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust 2022-R05 2M2, US 30 Day Average SOFR <br> + 3.0000%, 6.8742%, 4/25/42<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 9001000 | &nbsp;&nbsp;&nbsp;&nbsp; 9198098 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust 2023-R04 1M1, US 30 Day Average SOFR <br> + 2.3000%, 6.1742%, 5/25/43<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 8715070 | &nbsp;&nbsp;&nbsp;&nbsp; 8867555 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust 2023-R06 1M1, US 30 Day Average SOFR <br> + 1.7000%, 5.5742%, 7/27/43<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 5333627 | &nbsp;&nbsp;&nbsp;&nbsp; 5348592 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust 2023-R07 2M1, US 30 Day Average SOFR <br> + 1.9500%, 5.8242%, 9/25/43<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 2200773 | &nbsp;&nbsp;&nbsp;&nbsp; 2209456 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust 2023-R08 1M1, US 30 Day Average SOFR <br> + 1.5000%, 5.3742%, 10/26/43<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 4391276 | &nbsp;&nbsp;&nbsp;&nbsp; 4397189 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust 2024-R01 1M1, US 30 Day Average SOFR <br> + 1.0500%, 4.9242%, 1/25/44<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 4846781 | &nbsp;&nbsp;&nbsp;&nbsp; 4844288 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust 2024-R03 2M1, US 30 Day Average SOFR <br> + 1.1500%, 5.0242%, 3/25/44<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 3024497 | &nbsp;&nbsp;&nbsp;&nbsp; 3026824 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust 2024-R04 1M1, US 30 Day Average SOFR <br> + 1.1000%, 4.9742%, 5/25/44<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 3283706 | &nbsp;&nbsp;&nbsp;&nbsp; 3283081 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust 2024-R05 2M1, US 30 Day Average SOFR <br> + 1.0000%, 4.8742%, 7/25/44<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 1376704 | &nbsp;&nbsp;&nbsp;&nbsp; 1376135 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust 2025-R01 1M1, US 30 Day Average SOFR <br> + 1.1000%, 4.9742%, 1/25/45<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 3009880 | &nbsp;&nbsp;&nbsp;&nbsp; 3011096 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust 2025-R02 1M1, US 30 Day Average SOFR <br> + 1.1500%, 5.0242%, 2/27/45<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 5195256 | &nbsp;&nbsp;&nbsp;&nbsp; 5193661 |

---

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| | | |
|:---|:---|:---|
|  | *Shares or*<br> *Principal Amounts*<br>| *Value* |
| Asset-Backed/Commercial Mortgage-Backed Securities – (continued) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust 2025-R05 2M1, US 30 Day Average SOFR <br> + 1.2000%, 5.0742%, 7/25/45<sup>ž,</sup><sup>‡</sup> <br>| $9129689 | $9134914 |
| &nbsp;&nbsp;&nbsp; COOPR Residential Mortgage Trust 2025-CES2 A1A, 5.5020%, 6/25/60<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 5811167 | &nbsp;&nbsp; 5859565 |
| &nbsp;&nbsp;&nbsp; COOPR Residential Mortgage Trust 2025-CES3 A1A, 4.8400%, 9/25/60<sup>ž,</sup><sup>Ç</sup> <br>| 13810348 | 13776612 |
| &nbsp;&nbsp;&nbsp; COOPR Residential Mortgage Trust 2025-CES4 A1A, 5.0400%, 11/25/60<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 5139058 | &nbsp;&nbsp; 5144040 |
| &nbsp;&nbsp;&nbsp; CPF IV LLC / CP EF Asset Securitization LLC 2023-1A A, 7.4800%, 3/15/32<sup>ž</sup> <br>| &nbsp;&nbsp; 1846460 | &nbsp;&nbsp; 1861995 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Croton Park CLO Ltd, CME Term SOFR 3 Month + 1.5600%, 5.4645%, <br> 10/15/36<sup>ž,</sup><sup>‡</sup> <br>| 16432000 | 16468137 |
| &nbsp;&nbsp;&nbsp; CyrusOne Data Centers Issuer I LLC 2023-1A B, 5.4500%, 4/20/48<sup>ž</sup> <br>| &nbsp;&nbsp; 4310447 | &nbsp;&nbsp; 4279722 |
| &nbsp;&nbsp;&nbsp; CyrusOne Data Centers Issuer I LLC 2024-1A A2, 4.7600%, 3/22/49<sup>ž</sup> <br>| &nbsp;&nbsp; 9636018 | &nbsp;&nbsp; 9495277 |
| &nbsp;&nbsp;&nbsp; CyrusOne Data Centers Issuer I LLC 2024-2A A2, 4.5000%, 5/20/49<sup>ž</sup> <br>| &nbsp;&nbsp; 3413000 | &nbsp;&nbsp; 3330431 |
| &nbsp;&nbsp;&nbsp; CyrusOne Data Centers Issuer I LLC 2024-3A A2, 4.6500%, 5/20/49<sup>ž</sup> <br>| 33334000 | 31991874 |
| &nbsp;&nbsp;&nbsp; DATA Mortgage Trust 2024-CTR2 A, 5.2990%, 5/10/46<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 6852820 | &nbsp;&nbsp; 6882287 |
| &nbsp;&nbsp;&nbsp; DB Master Finance LLC 2017-1A A2II, 4.0300%, 11/20/47<sup>ž</sup> <br>| &nbsp;&nbsp; 5225040 | &nbsp;&nbsp; 5183395 |
| &nbsp;&nbsp;&nbsp; DB Master Finance LLC 2021-1A A23, 2.7910%, 11/20/51<sup>ž</sup> <br>| &nbsp;&nbsp; 3557760 | &nbsp;&nbsp; 3148027 |
| &nbsp;&nbsp;&nbsp; DB Master Finance LLC 2021-1A A2II, 2.4930%, 11/20/51<sup>ž</sup> <br>| &nbsp;&nbsp; 4674240 | &nbsp;&nbsp; 4421881 |
| &nbsp;&nbsp;&nbsp; DI Issuer LLC 2025-1A A2, 5.3100%, 12/15/55<sup>ž</sup> <br>| &nbsp;&nbsp; 8717000 | &nbsp;&nbsp; 8745711 |
| &nbsp;&nbsp;&nbsp; Diamond Infrastructure Funding LLC 2021-1A A, 1.7600%, 4/15/49<sup>ž</sup> <br>| 17354000 | 16868187 |
| &nbsp;&nbsp;&nbsp; Ellington Financial Mortgage Trust 2025-RTL1 A1, 5.2210%, 11/25/40<sup>ž,</sup><sup>Ç</sup> <br>| 10644000 | 10663867 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Elmwood CLO X Ltd 2021-3A AR2, CME Term SOFR 3 Month + 1.3000%, <br> 5.1844%, 7/20/38<sup>ž,</sup><sup>‡</sup> <br>| 24120000 | 24197517 |
| &nbsp;&nbsp;&nbsp; Fannie Mae REMICS 2018-27 EA, 3.0000%, 5/25/48 | &nbsp;&nbsp; 5719021 | &nbsp;&nbsp; 5183002 |
| &nbsp;&nbsp;&nbsp; Fannie Mae REMICS 2019-71 P, 3.0000%, 11/25/49 | &nbsp;&nbsp; 7910371 | &nbsp;&nbsp; 7107855 |
| &nbsp;&nbsp;&nbsp; FIGRE Trust 2024-HE2 A, 6.3800%, 5/25/54<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 7515466 | &nbsp;&nbsp; 7669650 |
| &nbsp;&nbsp;&nbsp; FIGRE Trust 2024-HE4 A, 5.0560%, 9/25/54<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 9751244 | &nbsp;&nbsp; 9785712 |
| &nbsp;&nbsp;&nbsp; FIGRE Trust 2025-HE2 A, 5.7750%, 3/25/55<sup>ž,</sup><sup>‡</sup> <br>| 11096731 | 11218224 |
| &nbsp;&nbsp;&nbsp; FIGRE Trust 2025-HE3 A, 5.5600%, 5/25/55<sup>ž,</sup><sup>‡</sup> <br>| 12381108 | 12505725 |
| &nbsp;&nbsp;&nbsp; FIGRE Trust 2025-HE4 A, 5.4080%, 7/25/55<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 5319027 | &nbsp;&nbsp; 5353028 |
| &nbsp;&nbsp;&nbsp; FIGRE Trust 2025-HE5 A, 5.2850%, 8/25/55<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 8561020 | &nbsp;&nbsp; 8588758 |
| &nbsp;&nbsp;&nbsp; FIGRE Trust 2025-HE6 A, 5.0440%, 9/25/55<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 6732048 | &nbsp;&nbsp; 6707630 |
| &nbsp;&nbsp;&nbsp; Finance of America Structured Securities Trust 2025-S1 A1, 3.5000%, 2/25/75<sup>ž</sup> <br>| &nbsp;&nbsp; 9699228 | &nbsp;&nbsp; 9424588 |
| &nbsp;&nbsp;&nbsp; Flagstar Mortgage Trust 2021-13IN A2, 3.0000%, 12/30/51<sup>ž,</sup><sup>‡</sup> <br>| 17221226 | 15021593 |
| &nbsp;&nbsp;&nbsp; Foundation Finance Trust 2025-3A A, 4.5600%, 8/15/52<sup>ž</sup> <br>| 13149971 | 13187774 |
| &nbsp;&nbsp;&nbsp; Freddie Mac - SLST 2020-2 M1, 4.7500%, 9/25/60<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 2060505 | &nbsp;&nbsp; 2049905 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes 2021-HQA3 M2, US <br> 30 Day Average SOFR + 2.1000%, 5.9742%, 9/25/41<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 5220531 | &nbsp;&nbsp; 5263567 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes 2021-HQA4 M2, US <br> 30 Day Average SOFR + 2.3500%, 6.2242%, 12/25/41<sup>ž,</sup><sup>‡</sup> <br>| 13282882 | 13454247 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes 2022-DNA2 M1A, US <br> 30 Day Average SOFR + 1.3000%, 5.1742%, 2/25/42<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 1004644 | &nbsp;&nbsp; 1005083 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes 2022-DNA2 M2, US <br> 30 Day Average SOFR + 3.7500%, 7.6242%, 2/25/42<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 2463464 | &nbsp;&nbsp; 2538488 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes 2022-DNA3 M2, <br> 8.4218%, 4/25/42<sup>ž</sup> <br>| &nbsp;&nbsp; 4906251 | &nbsp;&nbsp; 5107985 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes 2022-DNA4 M2, <br> 9.3218%, 5/25/42<sup>ž</sup> <br>| &nbsp;&nbsp; 1549942 | &nbsp;&nbsp; 1635375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes 2022-DNA5 M2, US <br> 30 Day Average SOFR + 6.7500%, 10.6242%, 6/25/42<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 829508 | &nbsp;&nbsp;&nbsp;&nbsp; 896535 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes 2022-DNA6 M2, US <br> 30 Day Average SOFR + 5.7500%, 9.6242%, 9/25/42<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 3830016 | &nbsp;&nbsp; 4122171 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes 2022-HQA1 M1A, US <br> 30 Day Average SOFR + 2.1000%, 5.9742%, 3/25/42<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 1384793 | &nbsp;&nbsp; 1387612 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes 2023-DNA2 M1A, US <br> 30 Day Average SOFR + 2.1000%, 5.9652%, 4/27/43<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 3694057 | &nbsp;&nbsp; 3734488 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes 2023-HQA2 M1A, US <br> 30 Day Average SOFR + 2.0000%, 5.8742%, 6/25/43<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 329284 | &nbsp;&nbsp;&nbsp;&nbsp; 330137 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes 2023-HQA3 M1, US <br> 30 Day Average SOFR + 1.8500%, 5.7242%, 11/25/43<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 4863179 | &nbsp;&nbsp; 4879702 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes 2024-DNA2 M1, US <br> 30 Day Average SOFR + 1.2000%, 5.0742%, 5/25/44<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 8190833 | &nbsp;&nbsp; 8195537 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes 2024-DNA3 M1, US <br> 30 Day Average SOFR + 1.0000%, 4.8742%, 10/25/44<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 55606 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 55606 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes 2025-DNA1 M1, US <br> 30 Day Average SOFR + 1.0500%, 4.9242%, 1/25/45<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 5614247 | &nbsp;&nbsp; 5612867 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes 2025-DNA2 M1, US <br> 30 Day Average SOFR + 1.2000%, 5.0742%, 5/25/45<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 3786392 | &nbsp;&nbsp; 3786100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes 2025-DNA3 M1, US <br> 30 Day Average SOFR + 1.1000%, 4.9742%, 9/25/45<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 4165625 | &nbsp;&nbsp; 4168068 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes 2025-HQA1 M1, US <br> 30 Day Average SOFR + 1.1500%, 5.0242%, 2/27/45<sup>ž,</sup><sup>‡</sup> <br>| 11791417 | 11784995 |

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| | | |
|:---|:---|:---|
|  | *Shares or*<br> *Principal Amounts*<br>| *Value* |
| Asset-Backed/Commercial Mortgage-Backed Securities – (continued) |  |  |
| &nbsp;&nbsp;&nbsp; FREMF Mortgage Trust 2023-K511 C, 5.6345%, 11/25/28<sup>ž,</sup><sup>‡</sup> <br>| $5263000 | $4953865 |
| &nbsp;&nbsp;&nbsp; GCAT 2023-INV1 A1, 6.0000%, 8/25/53<sup>ž,</sup><sup>‡</sup> <br>| 16679064 | 16963006 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Golden Tree Loan Management US CLO1 Ltd 2023-17A AR, CME Term SOFR 3 <br> Month + 1.2800%, 5.1644%, 1/20/39<sup>ž,</sup><sup>‡</sup> <br>| 27405000 | 27475502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gracie Point International Funding 2024-1A A, US 90 Day Average SOFR + <br> 1.7000%, 5.8902%, 3/1/28<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 7709000 | &nbsp;&nbsp; 7714820 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Great Wolf Trust 2024-WLF2 A, CME Term SOFR 1 Month + 1.6912%, 5.4414%, <br> 5/15/41<sup>ž,</sup><sup>‡</sup> <br>| 29946000 | 29985860 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; GS Mortgage Securities Trust 2025-800D A, CME Term SOFR 1 Month + <br> 2.6500%, 6.3845%, 11/25/41<sup>ž,</sup><sup>‡</sup> <br>| 34333000 | 34375130 |
| &nbsp;&nbsp;&nbsp; GS Mortgage-Backed Securities Trust 2025-CES2 A1, 5.1800%, 9/25/55<sup>ž,</sup><sup>Ç</sup> <br>| 17962723 | 18013137 |
| &nbsp;&nbsp;&nbsp; Hertz Vehicle Financing LLC 2025-5A A, 4.6200%, 5/25/30<sup>ž</sup> <br>| 10791000 | 10799208 |
| &nbsp;&nbsp;&nbsp; Homeward Opportunities Fund I Trust 2024-RRTL2 A1, 5.9890%, 9/25/39<sup>ž,</sup><sup>Ç</sup> <br>| 11602000 | 11651615 |
| &nbsp;&nbsp;&nbsp; Homeward Opportunities Fund I Trust 2024-RTL1 A1, 7.1200%, 7/25/29<sup>ž,</sup><sup>Ç</sup> <br>| 26188000 | 26251859 |
| &nbsp;&nbsp;&nbsp; Homeward Opportunities Fund I Trust 2025-RRTL1 A1, 5.4760%, 3/25/40<sup>ž,</sup><sup>Ç</sup> <br>| 16625000 | 16709801 |
| &nbsp;&nbsp;&nbsp; Homeward Opportunities Fund I Trust 2025-RRTL2 A1, 5.2370%, 9/25/40<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 8497000 | &nbsp;&nbsp; 8533767 |
| &nbsp;&nbsp;&nbsp; Hudson's Bay Simon JV Trust 2015-HB10 A10, 4.1545%, 8/5/34<sup>ž</sup> <br>| &nbsp;&nbsp; 7602661 | &nbsp;&nbsp; 7393563 |
| &nbsp;&nbsp;&nbsp; JP Morgan Mortgage Trust 2025-5MPR A1D, 5.5000%, 11/25/55<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 6932733 | &nbsp;&nbsp; 6960658 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; KRE Commercial Mortgage Trust 2025-AIP4 A, CME Term SOFR 1 Month + <br> 1.3000%, 5.0501%, 3/17/42<sup>ž,</sup><sup>‡</sup> <br>| 21828000 | 21791887 |
| &nbsp;&nbsp;&nbsp; Lendbuzz Securitization Trust 2023-1A A2, 6.9200%, 8/15/28<sup>ž</sup> <br>| &nbsp;&nbsp; 1992306 | &nbsp;&nbsp; 2011669 |
| &nbsp;&nbsp;&nbsp; Lex Commercial Loan Master Trust 2024-BBG A, 4.8736%, 10/13/33<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 6407000 | &nbsp;&nbsp; 6448043 |
| &nbsp;&nbsp;&nbsp; LHOME Mortgage Trust 2024-RTL2 A1, 7.1280%, 3/25/29<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 6506012 | &nbsp;&nbsp; 6543301 |
| &nbsp;&nbsp;&nbsp; LHOME Mortgage Trust 2024-RTL3 A1, 6.9000%, 5/25/29<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 8285561 | &nbsp;&nbsp; 8361250 |
| &nbsp;&nbsp;&nbsp; LHOME Mortgage Trust 2024-RTL4 A1, 5.9210%, 7/25/39<sup>ž,</sup><sup>Ç</sup> <br>| 24872433 | 25089067 |
| &nbsp;&nbsp;&nbsp; LHOME Mortgage Trust 2025-RTL3 A1, 5.2390%, 8/25/40<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 6892000 | &nbsp;&nbsp; 6928147 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Life Financial Services Trust 2021-BMR C, CME Term SOFR 1 Month + 1.2145%, <br> 4.9645%, 3/15/38<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 1642688 | &nbsp;&nbsp; 1635925 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Life Financial Services Trust 2022-BMR2 A1, CME Term SOFR 1 Month + <br> 1.2952%, 5.0454%, 5/16/39<sup>ž,</sup><sup>‡</sup> <br>| 36759000 | 35367327 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Life Financial Services Trust 2022-BMR2 B, CME Term SOFR 1 Month + <br> 1.7939%, 5.5440%, 5/16/39<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 6155000 | &nbsp;&nbsp; 5535818 |
| &nbsp;&nbsp;&nbsp; M&T Equipment Notes 2023-1A A3, 5.7400%, 7/15/30<sup>ž</sup> <br>| &nbsp;&nbsp; 2687252 | &nbsp;&nbsp; 2703042 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Madison Park Funding Ltd 2019-34A A2RR, CME Term SOFR 3 Month + <br> 1.6000%, 5.4936%, 10/16/37<sup>ž,</sup><sup>‡</sup> <br>| 11944000 | 11972527 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Madison Park Funding Ltd 2022-55A A1R, CME Term SOFR 3 Month + <br> 1.3600%, 5.2444%, 7/20/37<sup>ž,</sup><sup>‡</sup> <br>| 37139704 | 37266276 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Madison Park Funding Ltd 2022-62A A1R2, CME Term SOFR 3 Month + <br> 1.3000%, 5.1936%, 7/16/38<sup>ž,</sup><sup>‡</sup> <br>| 26531000 | 26608425 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Madison Park Funding Ltd 2025-73A A1, CME Term SOFR 3 Month + 1.3000%, <br> 5.2630%, 10/18/38<sup>ž,</sup><sup>‡</sup> <br>| 28500000 | 28579378 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Magnetite CLO Ltd 2025-50A A1, CME Term SOFR 3 Month + 1.2800%, <br> 5.5888%, 7/26/38<sup>ž,</sup><sup>‡</sup> <br>| 19768000 | 19821990 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mello Mortgage Capital Acceptance Trust 2021-INV2 A11, US 30 Day Average <br> SOFR + 0.9500%, 5.0000%, 8/25/51<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 9234180 | &nbsp;&nbsp; 8615193 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mello Mortgage Capital Acceptance Trust 2021-INV3 A11, US 30 Day Average <br> SOFR + 0.9500%, 5.0000%, 10/25/51<sup>ž,</sup><sup>‡</sup> <br>| 11671809 | 10893945 |
| &nbsp;&nbsp;&nbsp; Mello Mortgage Capital Acceptance Trust 2024-SD1 A1, 4.0000%, 4/25/54<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 7328366 | &nbsp;&nbsp; 7241024 |
| &nbsp;&nbsp;&nbsp; Merchants Fleet Funding LLC 2025-1A A, 4.4900%, 1/20/39<sup>ž</sup> <br>| &nbsp;&nbsp; 7750000 | &nbsp;&nbsp; 7771020 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Morgan Stanley Residential Mortgage Loan Trust 2025-SPL1 A1, US 30 Day <br> Average SOFR + 1.4000%, 4.2500%, 2/25/65<sup>ž,</sup><sup>‡</sup> <br>| 10061867 | &nbsp;&nbsp; 9833931 |
| &nbsp;&nbsp;&nbsp; MVW Owner Trust 2025-2A A, 4.4800%, 10/20/44<sup>ž</sup> <br>| &nbsp;&nbsp; 3878575 | &nbsp;&nbsp; 3870144 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Neuberger Berman CLO Ltd 2019-32RA A, CME Term SOFR 3 Month + <br> 1.3100%, 5.6390%, 7/20/39<sup>ž,</sup><sup>‡</sup> <br>| 24157798 | 24242034 |
| &nbsp;&nbsp;&nbsp; New Economy Assets Phase 1 Issuer LLC 2021-1 B1, 2.4100%, 10/20/61<sup>ž</sup> <br>| &nbsp;&nbsp; 8554000 | &nbsp;&nbsp; 5225353 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust 2018-2, Refinitiv USD IBOR Consumer <br> Cash Fallbacks 6 Months + 0.6800%, 4.5000%, 2/25/58<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 823507 | &nbsp;&nbsp;&nbsp;&nbsp; 819521 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust 2024-NQM2 A1, US 30 Day Average <br> SOFR + 0.1400%, 5.1170%, 9/25/64<sup>ž,</sup><sup>‡</sup> <br>| 12909236 | 12943521 |
| &nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust 2024-RTL2 A1, 5.4430%, 9/25/39<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 9423000 | &nbsp;&nbsp; 9527338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; NRTH PARK Mortgage Trust 2025-PARK A, CME Term SOFR 1 Month + <br> 1.3933%, 5.1434%, 10/15/40<sup>ž,</sup><sup>‡</sup> <br>| 20952000 | 20952210 |
| &nbsp;&nbsp;&nbsp; NRZ Excess Spread Collateralized Notes 2021-FHT1 A, 3.1040%, 7/25/26<sup>ž</sup> <br>| &nbsp;&nbsp; 3612893 | &nbsp;&nbsp; 3563127 |
| &nbsp;&nbsp;&nbsp; NRZ Excess Spread Collateralized Notes 2024-FNT1 A, 7.3980%, 11/25/31<sup>ž,</sup><sup>Ç</sup> <br>| 11484251 | 11598898 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Oak Hill Credit Partners 2020-7A A1R2, CME Term SOFR 3 Month + 1.2800%, <br> 5.1644%, 7/19/38<sup>ž,</sup><sup>‡</sup> <br>| 24903000 | 24971184 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Oak Hill Credit Partners 2021-9A A2R, CME Term SOFR 3 Month + 1.5800%, <br> 5.4644%, 10/19/37<sup>ž,</sup><sup>‡</sup> <br>| 17357000 | 17396043 |
| &nbsp;&nbsp;&nbsp; Oak Street Investment Grade Net Lease Fund 2020-1A A1, 1.8500%, 11/20/50<sup>ž</sup> <br>| 10617703 | &nbsp;&nbsp; 9765272 |
| &nbsp;&nbsp;&nbsp; Oasis Securitization 2024-1A A, 5.8800%, 9/30/38<sup>§</sup> <br>| &nbsp;&nbsp; 4807000 | &nbsp;&nbsp; 4808893 |

---

------

---

| | | |
|:---|:---|:---|
|  | *Shares or*<br> *Principal Amounts*<br>| *Value* |
| Asset-Backed/Commercial Mortgage-Backed Securities – (continued) |  |  |
| &nbsp;&nbsp;&nbsp; Oasis Securitization 2025-1A A, 6.3550%, 8/15/39<sup>ž</sup> <br>| $14654000 | $14761770 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; OCP CLO Ltd 2017-14A A2R, CME Term SOFR 3 Month + 1.5700%, 5.4544%, <br> 7/20/37<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 7550000 | &nbsp;&nbsp;&nbsp;&nbsp; 7566914 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; OCP CLO Ltd 2025-44A A, CME Term SOFR 3 Month + 1.3000%, 5.5622%, <br> 10/25/38<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 12300000 | &nbsp;&nbsp; 12333932 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Octagon Investment Partners 42 Ltd 2019-3A A2RR, CME Term SOFR 3 Month <br> + 1.5600%, 5.4645%, 7/15/37<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 2354880 | &nbsp;&nbsp;&nbsp;&nbsp; 2360029 |
| &nbsp;&nbsp;&nbsp; Onslow Bay Financial LLC 2022-INV1 A1, 3.0000%, 12/25/51<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 4158162 | &nbsp;&nbsp;&nbsp;&nbsp; 3627423 |
| &nbsp;&nbsp;&nbsp; Onslow Bay Financial LLC 2022-INV1 A18, 3.0000%, 12/25/51<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 11002982 | &nbsp;&nbsp;&nbsp;&nbsp; 9520935 |
| &nbsp;&nbsp;&nbsp; Pretium Mortgage Credit Partners LLC 2025-RPL1 A1, 4.0000%, 7/25/69<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 12054751 | &nbsp;&nbsp; 11689073 |
| &nbsp;&nbsp;&nbsp; Pretium Mortgage Credit Partners LLC 2025-RPL2 A1, 4.0000%, 8/25/64<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 12933838 | &nbsp;&nbsp; 12753323 |
| &nbsp;&nbsp;&nbsp; Pretium Mortgage Credit Partners LLC 2025-RPL5 A1, 4.1500%, 1/25/70<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 22072051 | &nbsp;&nbsp; 21681219 |
| &nbsp;&nbsp;&nbsp; PRP Advisors LLC 2024-RCF2 A1, 3.7500%, 3/25/54<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 4944493 | &nbsp;&nbsp;&nbsp;&nbsp; 4882308 |
| &nbsp;&nbsp;&nbsp; PRP Advisors LLC 2025-RCF4 A1, 4.5000%, 8/25/55<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 8694006 | &nbsp;&nbsp;&nbsp;&nbsp; 8602961 |
| &nbsp;&nbsp;&nbsp; PRP Advisors LLC 2025-RPL4 A1, 3.0000%, 5/25/55<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 15928930 | &nbsp;&nbsp; 15032928 |
| &nbsp;&nbsp;&nbsp; QTS Issuer ABS I LLC 2025-1A A2, 5.4390%, 5/25/55<sup>ž</sup> <br>| &nbsp;&nbsp; 45146000 | &nbsp;&nbsp; 45423383 |
| &nbsp;&nbsp;&nbsp; QTS Issuer ABS II LLC 2025-1A A2, 5.0440%, 10/5/55<sup>ž</sup> <br>| &nbsp;&nbsp; 27083000 | &nbsp;&nbsp; 26685804 |
| &nbsp;&nbsp;&nbsp; Saluda Grade Alternative Mortgage Trust 2023-FIG3 A, 7.0670%, 8/25/53<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 19931591 | &nbsp;&nbsp; 20604856 |
| &nbsp;&nbsp;&nbsp; Saluda Grade Alternative Mortgage Trust 2023-FIG4 A, 6.7180%, 11/25/53<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 10827293 | &nbsp;&nbsp; 11198672 |
| &nbsp;&nbsp;&nbsp; Saluda Grade Alternative Mortgage Trust 2024-CES1 A1, 6.3060%, 3/25/54<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 6390626 | &nbsp;&nbsp;&nbsp;&nbsp; 6523031 |
| &nbsp;&nbsp;&nbsp; Saluda Grade Alternative Mortgage Trust 2024-FIG5 A, 6.2550%, 4/25/54<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 8354100 | &nbsp;&nbsp;&nbsp;&nbsp; 8450737 |
| &nbsp;&nbsp;&nbsp; Saluda Grade Alternative Mortgage Trust 2024-RTL6 A1, 7.4390%, 7/25/30<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 18334250 | &nbsp;&nbsp; 18440985 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Saluda Grade Alternative Mortgage Trust 2025-LOC5 A1A, CME Term SOFR 1 <br> Month + 1.6000%, 5.3317%, 10/25/55<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 17075148 | &nbsp;&nbsp; 17102473 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Saluda Grade Alternative Mortgage Trust 2025-RRTL1 A1, 5.3200%, <br> 10/25/40<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 10000000 | &nbsp;&nbsp;&nbsp;&nbsp; 9999628 |
| &nbsp;&nbsp;&nbsp; Santander Bank Auto Credit-Linked Notes 2022-B A2, 5.5870%, 8/16/32<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 930246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 934686 |
| &nbsp;&nbsp;&nbsp; SCF Equipment Trust LLC 2025-2A A2, 4.2600%, 12/22/31<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 6300000 | &nbsp;&nbsp;&nbsp;&nbsp; 6316513 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SCG Hotel Issuer Inc 2025-DLFN A, CME Term SOFR 1 Month + 1.2000%, <br> 4.9501%, 3/15/35<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 29118000 | &nbsp;&nbsp; 28964092 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SELF Commercial Mortgage Trust 2024-STRG A, CME Term SOFR 1 Month + <br> 1.5423%, 5.2924%, 11/15/34<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 27937000 | &nbsp;&nbsp; 27967299 |
| &nbsp;&nbsp;&nbsp; Sequoia Mortgage Trust 2013-5, 2.5000%, 5/25/43<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 1714726 | &nbsp;&nbsp;&nbsp;&nbsp; 1533279 |
| &nbsp;&nbsp;&nbsp; Sequoia Mortgage Trust 2020-2, 3.5000%, 3/25/50<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 696630 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 631658 |
| &nbsp;&nbsp;&nbsp; SF ABS Issuer LLC 2025-1A A2, 5.3770%, 11/25/55<sup>ž</sup> <br>| &nbsp;&nbsp; 38578000 | &nbsp;&nbsp; 37472066 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sixth Street CLO Ltd 2017-9A AR, CME Term SOFR 3 Month + 1.3800%, <br> 5.2500%, 7/21/37<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 24810000 | &nbsp;&nbsp; 24901623 |
| &nbsp;&nbsp;&nbsp; SMRT 2022-MINI A, CME Term SOFR 1 Month + 1.0000%, 4.7510%, 1/17/39<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 10990000 | &nbsp;&nbsp; 10967275 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SREIT Trust 2021-MFP A, CME Term SOFR 1 Month + 0.8453%, 4.5954%, <br> 11/15/38<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 1971278 | &nbsp;&nbsp;&nbsp;&nbsp; 1966104 |
| &nbsp;&nbsp;&nbsp; Taco Bell Funding LLC 2021-1A A2II, 2.2940%, 8/25/51<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 5546212 | &nbsp;&nbsp;&nbsp;&nbsp; 5149789 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; TEXAS Commercial Mortgage Trust 2025-TWR A, CME Term SOFR 1 Month + <br> 1.2931%, 5.0433%, 4/15/42<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 8177000 | &nbsp;&nbsp;&nbsp;&nbsp; 8166774 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Texas Debt Capital CLO Ltd 2023-2A A1R, CME Term SOFR 3 Month + <br> 1.3700%, 5.2400%, 10/21/37<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 25800000 | &nbsp;&nbsp; 25895958 |
| &nbsp;&nbsp;&nbsp; THE 2023-MIC Trust 2023-MIC A, 8.4366%, 12/5/38<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 14644028 | &nbsp;&nbsp; 15819479 |
| &nbsp;&nbsp;&nbsp; The Huntington National Bank 2024-2 B1, 5.4420%, 10/20/32<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 5836515 | &nbsp;&nbsp;&nbsp;&nbsp; 5901044 |
| &nbsp;&nbsp;&nbsp; Toorak Mortgage Corp 2025-RRTL1 A1, 5.5240%, 2/25/40<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 7590000 | &nbsp;&nbsp;&nbsp;&nbsp; 7617660 |
| &nbsp;&nbsp;&nbsp; Towd Point Mortgage Trust 2025-FIX2 A1, 5.2490%, 10/25/65<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 19211899 | &nbsp;&nbsp; 19292795 |
| &nbsp;&nbsp;&nbsp; TYSN 2023-CRNR Mortgage Trust 2023-CRNR A, 6.5797%, 12/10/33<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 23414873 | &nbsp;&nbsp; 24627779 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United Wholesale Mortgage LLC 2021-INV1 A9, US 30 Day Average SOFR + <br> 0.9000%, 4.9718%, 8/25/51<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 11181339 | &nbsp;&nbsp; 10413611 |
| &nbsp;&nbsp;&nbsp; UPG HI Issuer Trust 2025-2 A, 5.0000%, 9/25/47<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 7000000 | &nbsp;&nbsp;&nbsp;&nbsp; 7022775 |
| &nbsp;&nbsp;&nbsp; Vantage Data Centers LLC 2020-2A A2, 1.9920%, 9/15/45<sup>ž</sup> <br>| &nbsp;&nbsp; 11511000 | &nbsp;&nbsp; 10964191 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; VASA Trust 2021-VASA A, CME Term SOFR 1 Month + 1.0145%, 4.7655%, <br> 7/15/39<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 8418000 | &nbsp;&nbsp;&nbsp;&nbsp; 8211697 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Voya CLO Ltd 2024-4A A2, CME Term SOFR 3 Month + 1.5500%, 5.4344%, <br> 7/20/37<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 10074095 | &nbsp;&nbsp; 10095866 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Voya CLO Ltd 2025-4A A1, CME Term SOFR 3 Month + 1.2900%, 5.1945%, <br> 10/15/38<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 5006000 | &nbsp;&nbsp;&nbsp;&nbsp; 5020640 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wells Fargo Commercial Mortgage Trust 2021-SAVE A, CME Term SOFR 1 <br> Month + 1.3645%, 5.1155%, 2/15/40<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 1495746 | &nbsp;&nbsp;&nbsp;&nbsp; 1494873 |
| &nbsp;&nbsp;&nbsp; Wells Fargo Commercial Mortgage Trust 2025-VTT A, 5.1004%, 3/15/38<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 29711000 | &nbsp;&nbsp; 29941069 |
| &nbsp;&nbsp;&nbsp; Wendy's Funding LLC 2021-1A A2I, 2.3700%, 6/15/51<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 3577218 | &nbsp;&nbsp;&nbsp;&nbsp; 3333900 |
| &nbsp;&nbsp;&nbsp; Wendy's Funding LLC 2021-1A A2II, 2.7750%, 6/15/51<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 9249100 | &nbsp;&nbsp;&nbsp;&nbsp; 8256315 |
| &nbsp;&nbsp;&nbsp; Wendy's Funding LLC 2022-1A A2II, 4.5350%, 3/15/52<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 2337656 | &nbsp;&nbsp;&nbsp;&nbsp; 2265873 |
| &nbsp;&nbsp;&nbsp; Wendy's Funding LLC 2025-1A A2I, 5.4220%, 12/15/55<sup>ž</sup> <br>| &nbsp;&nbsp; 29215000 | &nbsp;&nbsp; 29166380 |
| &nbsp;&nbsp;&nbsp; Westgate Resorts 2022-1A A, 1.7880%, 8/20/36<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 659720 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 656817 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Woodward Capital Management 2021-3 A21, US 30 Day Average SOFR + <br> 0.8000%, 4.6742%, 7/25/51<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 8235623 | &nbsp;&nbsp;&nbsp;&nbsp; 7644747 |

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------

---

| | | |
|:---|:---|:---|
|  | *Shares or*<br> *Principal Amounts*<br>| *Value* |
| Asset-Backed/Commercial Mortgage-Backed Securities – (continued) |  |  |
| &nbsp;&nbsp;&nbsp; Woodward Capital Management 2023-CES1 A1A, 6.5150%, 6/25/43<sup>ž,</sup><sup>‡</sup> <br>| $3494079 | &nbsp;&nbsp;&nbsp;&nbsp; $3504533 |
| &nbsp;&nbsp;&nbsp; Woodward Capital Management 2024-CES1 A1A, 6.0250%, 2/25/44<sup>ž,</sup><sup>‡</sup> <br>| &nbsp;&nbsp; 5267249 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5310437 |
| &nbsp;&nbsp;&nbsp; Woodward Capital Management 2024-CES2 A1A, 6.1410%, 4/25/44<sup>ž,</sup><sup>‡</sup> <br>| 16714675 | &nbsp;&nbsp;&nbsp;&nbsp; 16885196 |
| &nbsp;&nbsp;&nbsp; Woodward Capital Management 2024-CES5 A1A, 5.8460%, 8/25/44<sup>ž,</sup><sup>Ç</sup> <br>| 15853391 | &nbsp;&nbsp;&nbsp;&nbsp; 15980493 |
| &nbsp;&nbsp;&nbsp; Woodward Capital Management 2024-CES6 A1A, 5.3440%, 9/25/44<sup>ž,</sup><sup>Ç</sup> <br>| 12749037 | &nbsp;&nbsp;&nbsp;&nbsp; 12779689 |
| &nbsp;&nbsp;&nbsp; Woodward Capital Management 2024-CES7 A1A, 5.1580%, 10/25/44<sup>ž,</sup><sup>Ç</sup> <br>| 19504925 | &nbsp;&nbsp;&nbsp;&nbsp; 19558784 |
| &nbsp;&nbsp;&nbsp; Woodward Capital Management 2024-CES9 A1A, 5.5820%, 12/25/44<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 3655907 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3687369 |
| &nbsp;&nbsp;&nbsp; Woodward Capital Management 2025-CES10 A1A, 4.8940%, 11/25/55<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 7127066 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7128025 |
| &nbsp;&nbsp;&nbsp; Woodward Capital Management 2025-CES2 A1A, 5.5030%, 2/25/55<sup>ž,</sup><sup>Ç</sup> <br>| 10934646 | &nbsp;&nbsp;&nbsp;&nbsp; 11025737 |
| &nbsp;&nbsp;&nbsp; Woodward Capital Management 2025-CES7 A1A, 5.3770%, 7/25/55<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 9226172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9310742 |
| &nbsp;&nbsp;&nbsp; Woodward Capital Management 2025-CES8 A1A, 5.1477%, 8/25/55<sup>ž,</sup><sup>‡</sup> <br>| 16471791 | &nbsp;&nbsp;&nbsp;&nbsp; 16545568 |
| &nbsp;&nbsp;&nbsp; Woodward Capital Management 2025-CES9 A1A, 4.7950%, 9/25/55<sup>ž,</sup><sup>Ç</sup> <br>| &nbsp;&nbsp; 6266788 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6255706 |
| Total Asset-Backed/Commercial Mortgage-Backed Securities (cost <br> $3,081,006,893)<br>|  | 3080219732 |
| Bank Loans and Mezzanine Loans – 0.8% |  |  |
| Basic Industry – 0% |  |  |
| &nbsp;&nbsp;&nbsp; Qnity Electronics Inc, CME Term SOFR 6 Month + 2.0000%, 5.6975%, 11/1/32<sup>‡</sup> <br>| &nbsp;&nbsp; 8013000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8043049 |
| Capital Goods – 0.3% |  |  |
| &nbsp;&nbsp;&nbsp; EMRLD Borrower LP, CME Term SOFR 3 Month + 2.2500%, 6.0724%, 5/31/30<sup>‡</sup> <br>| &nbsp;&nbsp; 8008366 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8023982 |
| &nbsp;&nbsp;&nbsp; EMRLD Borrower LP, CME Term SOFR 6 Month + 2.2500%, 6.1219%, 8/4/31<sup>‡</sup> <br>| 41161059 | &nbsp;&nbsp;&nbsp;&nbsp; 41221566 |
| &nbsp;&nbsp;&nbsp; TransDigm Group Inc, CME Term SOFR 1 Month + 2.5000%, 6.2161%, 8/19/32<sup>‡</sup> <br>| 21137000 | &nbsp;&nbsp;&nbsp;&nbsp; 21220703 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 70466251 |
| Consumer Cyclical – 0% |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Belron Finance 2019 LLC, CME Term SOFR 3 Month + 2.2500%, 6.1196%, <br> 10/16/31<sup>‡</sup> <br>| 12687090 | &nbsp;&nbsp;&nbsp;&nbsp; 12750526 |
| Consumer Non-Cyclical – 0.1% |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Medline Borrower LP, CME Term SOFR 1 Month + 1.7500%, 5.4661%, <br> 10/23/30<sup>‡</sup> <br>| 23108028 | &nbsp;&nbsp;&nbsp;&nbsp; 23182666 |
| Electric – 0.2% |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Alpha Generation LLC, CME Term SOFR 1 Month + 2.0000%, 5.7161%, <br> 9/30/31<sup>‡</sup> <br>| 14855940 | &nbsp;&nbsp;&nbsp;&nbsp; 14894566 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lightning Power LLC, CME Term SOFR 1 Month + 2.2500%, 5.9661%, <br> 8/18/31<sup>‡</sup> <br>| 27115110 | &nbsp;&nbsp;&nbsp;&nbsp; 27228451 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Talen Energy Supply LLC, CME Term SOFR 1 Month + 2.0000%, 5.6719%, <br> 11/25/32<sup>‡</sup> <br>| 18925552 | &nbsp;&nbsp;&nbsp;&nbsp; 18913818 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 61036835 |
| Technology – 0.1% |  |  |
| &nbsp;&nbsp;&nbsp; X Corp, 9.5000%, 10/26/29<sup>ƒ</sup> <br>| 20774409 | &nbsp;&nbsp;&nbsp;&nbsp; 20685287 |
| Transportation – 0.1% |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Genesee & Wyoming Inc, CME Term SOFR 3 Month + 1.7500%, 5.4219%, <br> 4/10/31<sup>‡</sup> <br>| 37257665 | &nbsp;&nbsp;&nbsp;&nbsp; 37248350 |
| Total Bank Loans and Mezzanine Loans (cost $232,438,902) |  | &nbsp;&nbsp; 233412964 |
| Corporate Bonds – 8.8% |  |  |
| Banking – 2.4% |  |  |
| &nbsp;&nbsp;&nbsp; Bank of America Corp, SOFR + 1.0000%, 5.1620%, 1/24/31<sup>‡</sup> <br>| 47490000 | &nbsp;&nbsp;&nbsp;&nbsp; 49026506 |
| &nbsp;&nbsp;&nbsp; Bank of America Corp, SOFR + 1.8400%, 5.8720%, 9/15/34<sup>‡</sup> <br>| 18294000 | &nbsp;&nbsp;&nbsp;&nbsp; 19522512 |
| &nbsp;&nbsp;&nbsp; Bank of America Corp, SOFR + 1.6970%, 5.7440%, 2/12/36<sup>‡</sup> <br>| 78359000 | &nbsp;&nbsp;&nbsp;&nbsp; 80881904 |
| &nbsp;&nbsp;&nbsp; Capital One Financial Corp, SOFR + 3.0700%, 7.6240%, 10/30/31<sup>‡</sup> <br>| 18133000 | &nbsp;&nbsp;&nbsp;&nbsp; 20492935 |
| &nbsp;&nbsp;&nbsp; Capital One Financial Corp, SOFR + 1.9900%, 5.8840%, 7/26/35<sup>‡</sup> <br>| 23812000 | &nbsp;&nbsp;&nbsp;&nbsp; 25062276 |
| &nbsp;&nbsp;&nbsp; Capital One Financial Corp, SOFR + 2.0360%, 6.1830%, 1/30/36<sup>‡</sup> <br>| 17959000 | &nbsp;&nbsp;&nbsp;&nbsp; 18747092 |
| &nbsp;&nbsp;&nbsp; Citigroup Inc, CME Term SOFR 3 Month + 1.8246%, 3.8870%, 1/10/28<sup>‡</sup> <br>| 36115000 | &nbsp;&nbsp;&nbsp;&nbsp; 36046118 |
| &nbsp;&nbsp;&nbsp; Citigroup Inc, SOFR + 1.1710%, 4.5030%, 9/11/31<sup>‡</sup> <br>| &nbsp;&nbsp; 9685000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9714973 |
| &nbsp;&nbsp;&nbsp; Citigroup Inc, SOFR + 2.0560%, 5.8270%, 2/13/35<sup>‡</sup> <br>| 50084000 | &nbsp;&nbsp;&nbsp;&nbsp; 52047761 |
| &nbsp;&nbsp;&nbsp; Citigroup Inc, SOFR + 1.4880%, 5.1740%, 9/11/36<sup>‡</sup> <br>| &nbsp;&nbsp; 8338000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8415938 |
| &nbsp;&nbsp;&nbsp; Citigroup Inc, 6.6250%<sup>‡</sup><sup>,μ</sup> <br>| 13540000 | &nbsp;&nbsp;&nbsp;&nbsp; 13748922 |
| &nbsp;&nbsp;&nbsp; Discover Financial Services, SOFR + 3.3700%, 7.9640%, 11/2/34<sup>‡</sup> <br>| 12097000 | &nbsp;&nbsp;&nbsp;&nbsp; 14262311 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group Inc, SOFR + 1.3800%, 5.5360%, 1/28/36<sup>‡</sup> <br>| 21952000 | &nbsp;&nbsp;&nbsp;&nbsp; 22783459 |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co, SOFR + 1.0100%, 5.1400%, 1/24/31<sup>‡</sup> <br>| 21125000 | &nbsp;&nbsp;&nbsp;&nbsp; 21834665 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley, SOFR + 1.2900%, 2.9430%, 1/21/33<sup>‡</sup> <br>| 16462000 | &nbsp;&nbsp;&nbsp;&nbsp; 15024752 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley, SOFR + 1.8800%, 5.4240%, 7/21/34<sup>‡</sup> <br>| 18294000 | &nbsp;&nbsp;&nbsp;&nbsp; 19031546 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley, SOFR + 1.5550%, 5.3200%, 7/19/35<sup>‡</sup> <br>| 24159000 | &nbsp;&nbsp;&nbsp;&nbsp; 24869317 |
| &nbsp;&nbsp;&nbsp; PNC Financial Services Group Inc/The, SOFR + 1.0720%, 5.2220%, 1/29/31<sup>‡</sup> <br>| &nbsp;&nbsp; 7381000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7636954 |
| &nbsp;&nbsp;&nbsp; PNC Financial Services Group Inc/The, SOFR + 2.2840%, 6.8750%, 10/20/34<sup>‡</sup> <br>| 22327000 | &nbsp;&nbsp;&nbsp;&nbsp; 25265835 |
| &nbsp;&nbsp;&nbsp; PNC Financial Services Group Inc/The, SOFR + 1.5990%, 5.4010%, 7/23/35<sup>‡</sup> <br>| 23966000 | &nbsp;&nbsp;&nbsp;&nbsp; 24789298 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Societe Generale SA, US Treasury Yield Curve Rate 1 Year + 1.2000%, 5.5000%, <br> 4/13/29<sup>ž,</sup><sup>‡</sup> <br>| 14133000 | &nbsp;&nbsp;&nbsp;&nbsp; 14474492 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Societe Generale SA, US Treasury Yield Curve Rate 1 Year + 1.6000%, 6.1000%, <br> 4/13/33<sup>ž,</sup><sup>‡</sup> <br>| 34519000 | &nbsp;&nbsp;&nbsp;&nbsp; 36473438 |
| &nbsp;&nbsp;&nbsp; US Bancorp, SOFR + 1.5600%, 5.3840%, 1/23/30<sup>‡</sup> <br>| 19681000 | &nbsp;&nbsp;&nbsp;&nbsp; 20383344 |
| &nbsp;&nbsp;&nbsp; US Bancorp, SOFR + 1.0610%, 5.0460%, 2/12/31<sup>‡</sup> <br>| 20690000 | &nbsp;&nbsp;&nbsp;&nbsp; 21251753 |

---

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| | | |
|:---|:---|:---|
|  | *Shares or*<br> *Principal Amounts*<br>| *Value* |
| Corporate Bonds – (continued) |  |  |
| Banking – (continued) |  |  |
| &nbsp;&nbsp;&nbsp; US Bancorp, SOFR + 1.4110%, 5.4240%, 2/12/36<sup>‡</sup> <br>| $22770000 | $23665547 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; US Bancorp, US Treasury Yield Curve Rate 5 Year + 0.9500%, 2.4910%, <br> 11/3/36<sup>‡</sup> <br>| &nbsp;&nbsp; 20457000 | &nbsp;&nbsp; 17854275 |
| &nbsp;&nbsp;&nbsp; Wells Fargo & Co, SOFR + 1.1100%, 5.2440%, 1/24/31<sup>‡</sup> <br>| &nbsp;&nbsp; 43951000 | &nbsp;&nbsp; 45512136 |
|  |  | 688820059 |
| Basic Industry – 0% |  |  |
| &nbsp;&nbsp;&nbsp; Qnity Electronics Inc, 5.7500%, 8/15/32<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 9965000 | &nbsp;&nbsp; 10188674 |
| Brokerage – 0.7% |  |  |
| &nbsp;&nbsp;&nbsp; Jane Street Group / JSG Finance Inc, 7.1250%, 4/30/31<sup>ž</sup> <br>| &nbsp;&nbsp; 14182000 | &nbsp;&nbsp; 14901968 |
| &nbsp;&nbsp;&nbsp; Jane Street Group / JSG Finance Inc, 6.1250%, 11/1/32<sup>ž</sup> <br>| &nbsp;&nbsp; 34751000 | &nbsp;&nbsp; 35361227 |
| &nbsp;&nbsp;&nbsp; Jane Street Group / JSG Finance Inc, 6.7500%, 5/1/33<sup>ž</sup> <br>| &nbsp;&nbsp; 29124000 | &nbsp;&nbsp; 30399525 |
| &nbsp;&nbsp;&nbsp; LPL Holdings Inc, 6.7500%, 11/17/28 | &nbsp;&nbsp; 30079000 | &nbsp;&nbsp; 32102805 |
| &nbsp;&nbsp;&nbsp; LPL Holdings Inc, 5.2000%, 3/15/30 | &nbsp;&nbsp;&nbsp;&nbsp; 8509000 | &nbsp;&nbsp;&nbsp;&nbsp; 8707531 |
| &nbsp;&nbsp;&nbsp; LPL Holdings Inc, 5.1500%, 6/15/30 | &nbsp;&nbsp; 13703000 | &nbsp;&nbsp; 13974512 |
| &nbsp;&nbsp;&nbsp; LPL Holdings Inc, 6.0000%, 5/20/34 | &nbsp;&nbsp; 19554000 | &nbsp;&nbsp; 20562771 |
| &nbsp;&nbsp;&nbsp; LPL Holdings Inc, 5.6500%, 3/15/35 | &nbsp;&nbsp; 14248000 | &nbsp;&nbsp; 14604211 |
| &nbsp;&nbsp;&nbsp; LPL Holdings Inc, 5.7500%, 6/15/35 | &nbsp;&nbsp; 16998000 | &nbsp;&nbsp; 17490109 |
|  |  | 188104659 |
| Capital Goods – 0.1% |  |  |
| &nbsp;&nbsp;&nbsp; Quikrete Holdings Inc, 6.3750%, 3/1/32<sup>ž</sup> <br>| &nbsp;&nbsp; 15902000 | &nbsp;&nbsp; 16552074 |
| &nbsp;&nbsp;&nbsp; TransDigm Inc, 6.2500%, 1/31/34<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 3003000 | &nbsp;&nbsp;&nbsp;&nbsp; 3116156 |
| &nbsp;&nbsp;&nbsp; TransDigm Inc, 6.7500%, 1/31/34<sup>ž</sup> <br>| &nbsp;&nbsp; 10283000 | &nbsp;&nbsp; 10711639 |
|  |  | &nbsp;&nbsp; 30379869 |
| Communications – 0.2% |  |  |
| &nbsp;&nbsp;&nbsp; AppLovin Corp, 5.3750%, 12/1/31 | &nbsp;&nbsp; 18923000 | &nbsp;&nbsp; 19622581 |
| &nbsp;&nbsp;&nbsp; AppLovin Corp, 5.5000%, 12/1/34 | &nbsp;&nbsp; 22083000 | &nbsp;&nbsp; 22689216 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Charter Communications Operating LLC / Charter Communications Operating <br> Capital, 6.6500%, 2/1/34<br>| &nbsp;&nbsp; 21487000 | &nbsp;&nbsp; 22635273 |
|  |  | &nbsp;&nbsp; 64947070 |
| Consumer Cyclical – 0.5% |  |  |
| &nbsp;&nbsp;&nbsp; Carnival Corp, 5.7500%, 8/1/32<sup>ž</sup> <br>| &nbsp;&nbsp; 20705000 | &nbsp;&nbsp; 21249148 |
| &nbsp;&nbsp;&nbsp; Flutter Treasury DAC, 5.8750%, 6/4/31<sup>ž</sup> <br>| &nbsp;&nbsp; 10566000 | &nbsp;&nbsp; 10712867 |
| &nbsp;&nbsp;&nbsp; Ford Motor Credit Co LLC, 7.1220%, 11/7/33 | &nbsp;&nbsp; 10934000 | &nbsp;&nbsp; 11743809 |
| &nbsp;&nbsp;&nbsp; GLP Capital LP / GLP Financing II Inc, 5.3000%, 1/15/29 | &nbsp;&nbsp;&nbsp;&nbsp; 1226000 | &nbsp;&nbsp;&nbsp;&nbsp; 1247339 |
| &nbsp;&nbsp;&nbsp; GLP Capital LP / GLP Financing II Inc, 6.7500%, 12/1/33 | &nbsp;&nbsp; 13964000 | &nbsp;&nbsp; 15177109 |
| &nbsp;&nbsp;&nbsp; GLP Capital LP / GLP Financing II Inc, 5.6250%, 9/15/34 | &nbsp;&nbsp; 14546000 | &nbsp;&nbsp; 14757621 |
| &nbsp;&nbsp;&nbsp; NCL Corporation Ltd, 5.8750%, 1/15/31<sup>ž</sup> <br>| &nbsp;&nbsp; 38011000 | &nbsp;&nbsp; 37867182 |
| &nbsp;&nbsp;&nbsp; NCL Corporation Ltd, 6.2500%, 9/15/33<sup>ž</sup> <br>| &nbsp;&nbsp; 23566000 | &nbsp;&nbsp; 23556076 |
| &nbsp;&nbsp;&nbsp; VICI Properties LP, 5.6250%, 4/1/35 | &nbsp;&nbsp; 16210000 | &nbsp;&nbsp; 16553472 |
|  |  | 152864623 |
| Consumer Non-Cyclical – 0.8% |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC, <br> 6.5000%, 2/15/28<sup>ž</sup> <br>| &nbsp;&nbsp; 14308000 | &nbsp;&nbsp; 14614418 |
| &nbsp;&nbsp;&nbsp; CVS Health Corp, 5.0000%, 9/15/32 | &nbsp;&nbsp;&nbsp;&nbsp; 8260000 | &nbsp;&nbsp;&nbsp;&nbsp; 8430739 |
| &nbsp;&nbsp;&nbsp; CVS Health Corp, 5.2500%, 2/21/33 | &nbsp;&nbsp;&nbsp;&nbsp; 2870000 | &nbsp;&nbsp;&nbsp;&nbsp; 2954897 |
| &nbsp;&nbsp;&nbsp; CVS Health Corp, 5.7000%, 6/1/34 | &nbsp;&nbsp; 14746000 | &nbsp;&nbsp; 15452579 |
| &nbsp;&nbsp;&nbsp; CVS Health Corp, 5.4500%, 9/15/35 | &nbsp;&nbsp; 14687000 | &nbsp;&nbsp; 15033766 |
| &nbsp;&nbsp;&nbsp; CVS Health Corp, 4.7800%, 3/25/38 | &nbsp;&nbsp; 32715000 | &nbsp;&nbsp; 30880070 |
| &nbsp;&nbsp;&nbsp; CVS Health Corp, 6.2000%, 9/15/55 | &nbsp;&nbsp;&nbsp;&nbsp; 8502000 | &nbsp;&nbsp;&nbsp;&nbsp; 8632428 |
| &nbsp;&nbsp;&nbsp; HCA Inc, 3.6250%, 3/15/32 | &nbsp;&nbsp; 10927000 | &nbsp;&nbsp; 10320882 |
| &nbsp;&nbsp;&nbsp; HCA Inc, 5.6000%, 4/1/34 | &nbsp;&nbsp; 16318000 | &nbsp;&nbsp; 17018364 |
| &nbsp;&nbsp;&nbsp; Solventum Corp, 5.4500%, 3/13/31 | &nbsp;&nbsp; 30323000 | &nbsp;&nbsp; 31630554 |
| &nbsp;&nbsp;&nbsp; Solventum Corp, 5.6000%, 3/23/34 | &nbsp;&nbsp; 39969000 | &nbsp;&nbsp; 41587430 |
| &nbsp;&nbsp;&nbsp; Teva Pharmaceutical Finance Co LLC, 6.1500%, 2/1/36 | &nbsp;&nbsp;&nbsp;&nbsp; 8271000 | &nbsp;&nbsp;&nbsp;&nbsp; 8683713 |
| &nbsp;&nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands III BV, 6.0000%, 12/1/32<sup>#</sup> <br>| &nbsp;&nbsp; 14987000 | &nbsp;&nbsp; 15728979 |
| &nbsp;&nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands IV BV, 5.7500%, 12/1/30 | &nbsp;&nbsp; 11755000 | &nbsp;&nbsp; 12192574 |
|  |  | 233161393 |
| Electric – 0.8% |  |  |
| &nbsp;&nbsp;&nbsp; Alpha Generation LLC, 6.2500%, 1/15/34<sup>ž</sup> <br>| &nbsp;&nbsp; 27956000 | &nbsp;&nbsp; 28206961 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; American Electric Power Co Inc, US Treasury Yield Curve Rate 5 Year + 2.1280%, <br> 5.8000%, 3/15/56<sup>‡</sup> <br>| &nbsp;&nbsp; 10674000 | &nbsp;&nbsp; 10596725 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; American Electric Power Co Inc, US Treasury Yield Curve Rate 5 Year + 1.9400%, <br> 6.0500%, 3/15/56<sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 8539000 | &nbsp;&nbsp;&nbsp;&nbsp; 8389823 |
| &nbsp;&nbsp;&nbsp; Duke Energy Corp, 5.4500%, 6/15/34 | &nbsp;&nbsp; 35348000 | &nbsp;&nbsp; 36807611 |
| &nbsp;&nbsp;&nbsp; Exelon Corp, 5.4500%, 3/15/34 | &nbsp;&nbsp; 17447000 | &nbsp;&nbsp; 18139971 |
| &nbsp;&nbsp;&nbsp; NRG Energy Inc, 4.7340%, 10/15/30<sup>ž</sup> <br>| &nbsp;&nbsp; 21488000 | &nbsp;&nbsp; 21515225 |
| &nbsp;&nbsp;&nbsp; NRG Energy Inc, 5.7500%, 1/15/34<sup>ž</sup> <br>| &nbsp;&nbsp; 11546000 | &nbsp;&nbsp; 11663423 |
| &nbsp;&nbsp;&nbsp; NRG Energy Inc, 6.0000%, 1/15/36<sup>ž</sup> <br>| &nbsp;&nbsp; 21628000 | &nbsp;&nbsp; 21914428 |
| &nbsp;&nbsp;&nbsp; Talen Energy Supply LLC, 6.2500%, 2/1/34<sup>ž</sup> <br>| &nbsp;&nbsp; 19547000 | &nbsp;&nbsp; 19936257 |

---

------

---

| | | |
|:---|:---|:---|
|  | *Shares or*<br> *Principal Amounts*<br>| *Value* |
| Corporate Bonds – (continued) |  |  |
| Electric – (continued) |  |  |
| &nbsp;&nbsp;&nbsp; Talen Energy Supply LLC, 6.5000%, 2/1/36<sup>ž</sup> <br>| $32081000 | $33174630 |
| &nbsp;&nbsp;&nbsp; Xcel Energy Inc, 5.6000%, 4/15/35 | &nbsp;&nbsp; 12145000 | &nbsp;&nbsp; 12576961 |
|  |  | 222922015 |
| Energy – 1.1% |  |  |
| &nbsp;&nbsp;&nbsp; Cheniere Energy Inc, 5.6500%, 4/15/34 | &nbsp;&nbsp; 20937000 | &nbsp;&nbsp; 21719625 |
| &nbsp;&nbsp;&nbsp; Civitas Resources Inc, 8.6250%, 11/1/30<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 5452000 | &nbsp;&nbsp;&nbsp;&nbsp; 5714023 |
| &nbsp;&nbsp;&nbsp; Civitas Resources Inc, 8.7500%, 7/1/31<sup>ž</sup> <br>| &nbsp;&nbsp; 10106000 | &nbsp;&nbsp; 10483977 |
| &nbsp;&nbsp;&nbsp; Civitas Resources Inc, 9.6250%, 6/15/33<sup>ž</sup> <br>| &nbsp;&nbsp; 19592000 | &nbsp;&nbsp; 21151880 |
| &nbsp;&nbsp;&nbsp; Columbia Pipelines Operating Company LLC, 6.0360%, 11/15/33<sup>ž</sup> <br>| &nbsp;&nbsp; 12631000 | &nbsp;&nbsp; 13520949 |
| &nbsp;&nbsp;&nbsp; Columbia Pipelines Operating Company LLC, 6.4970%, 8/15/43<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 2548000 | &nbsp;&nbsp;&nbsp;&nbsp; 2691721 |
| &nbsp;&nbsp;&nbsp; Columbia Pipelines Operating Company LLC, 6.5440%, 11/15/53<sup>ž</sup> <br>| &nbsp;&nbsp; 13172000 | &nbsp;&nbsp; 14025735 |
| &nbsp;&nbsp;&nbsp; DT Midstream Inc, 4.1250%, 6/15/29<sup>ž</sup> <br>| &nbsp;&nbsp; 25682000 | &nbsp;&nbsp; 25343431 |
| &nbsp;&nbsp;&nbsp; DT Midstream Inc, 4.3750%, 6/15/31<sup>ž</sup> <br>| &nbsp;&nbsp; 41648000 | &nbsp;&nbsp; 40775120 |
| &nbsp;&nbsp;&nbsp; DT Midstream Inc, 4.3000%, 4/15/32<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 7191000 | &nbsp;&nbsp;&nbsp;&nbsp; 6946162 |
| &nbsp;&nbsp;&nbsp; Hess Midstream Operations LP, 5.1250%, 6/15/28<sup>ž</sup> <br>| &nbsp;&nbsp; 11121000 | &nbsp;&nbsp; 11165884 |
| &nbsp;&nbsp;&nbsp; Hess Midstream Operations LP, 4.2500%, 2/15/30<sup>ž</sup> <br>| &nbsp;&nbsp; 15799000 | &nbsp;&nbsp; 15452778 |
| &nbsp;&nbsp;&nbsp; Occidental Petroleum Corp, 8.8750%, 7/15/30 | &nbsp;&nbsp; 10356000 | &nbsp;&nbsp; 11974663 |
| &nbsp;&nbsp;&nbsp; Occidental Petroleum Corp, 6.6250%, 9/1/30 | &nbsp;&nbsp;&nbsp;&nbsp; 7296000 | &nbsp;&nbsp;&nbsp;&nbsp; 7854611 |
| &nbsp;&nbsp;&nbsp; Occidental Petroleum Corp, 6.1250%, 1/1/31 | &nbsp;&nbsp; 13083000 | &nbsp;&nbsp; 13827776 |
| &nbsp;&nbsp;&nbsp; Sunoco LP, 7.0000%, 5/1/29<sup>ž</sup> <br>| &nbsp;&nbsp; 22419000 | &nbsp;&nbsp; 23382031 |
| &nbsp;&nbsp;&nbsp; Sunoco LP, 5.6250%, 3/15/31<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 7982000 | &nbsp;&nbsp;&nbsp;&nbsp; 8040484 |
| &nbsp;&nbsp;&nbsp; Sunoco LP, 7.2500%, 5/1/32<sup>ž</sup> <br>| &nbsp;&nbsp; 12629000 | &nbsp;&nbsp; 13353098 |
| &nbsp;&nbsp;&nbsp; Sunoco LP, 5.8750%, 3/15/34<sup>ž</sup> <br>| &nbsp;&nbsp; 13540000 | &nbsp;&nbsp; 13538802 |
| &nbsp;&nbsp;&nbsp; Viper Energy Partners LLC, 4.9000%, 8/1/30 | &nbsp;&nbsp;&nbsp;&nbsp; 6297000 | &nbsp;&nbsp;&nbsp;&nbsp; 6369227 |
| &nbsp;&nbsp;&nbsp; Viper Energy Partners LLC, 5.7000%, 8/1/35 | &nbsp;&nbsp; 16748000 | &nbsp;&nbsp; 17091836 |
|  |  | 304423813 |
| Finance Companies – 0.3% |  |  |
| &nbsp;&nbsp;&nbsp; Blackstone Private Credit Fund, 7.3000%, 11/27/28 | &nbsp;&nbsp; 14859000 | &nbsp;&nbsp; 15761366 |
| &nbsp;&nbsp;&nbsp; Blue Owl Credit Income Corp, 7.9500%, 6/13/28 | &nbsp;&nbsp;&nbsp;&nbsp; 8994000 | &nbsp;&nbsp;&nbsp;&nbsp; 9510053 |
| &nbsp;&nbsp;&nbsp; OWL Rock Core Income Corp, 4.7000%, 2/8/27 | &nbsp;&nbsp;&nbsp;&nbsp; 2729000 | &nbsp;&nbsp;&nbsp;&nbsp; 2718263 |
| &nbsp;&nbsp;&nbsp; Rocket Cos Inc, 6.1250%, 8/1/30<sup>ž</sup> <br>| &nbsp;&nbsp; 10068000 | &nbsp;&nbsp; 10407081 |
| &nbsp;&nbsp;&nbsp; Rocket Cos Inc, 6.3750%, 8/1/33<sup>ž</sup> <br>| &nbsp;&nbsp; 42189000 | &nbsp;&nbsp; 43987053 |
|  |  | &nbsp;&nbsp; 82383816 |
| Financial Institutions – 0.1% |  |  |
| &nbsp;&nbsp;&nbsp; Atlas Warehouse Lending Co LP, 4.6250%, 11/15/28<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 6110000 | &nbsp;&nbsp;&nbsp;&nbsp; 6132931 |
| &nbsp;&nbsp;&nbsp; Atlas Warehouse Lending Co LP, 4.9500%, 11/15/30<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 9657000 | &nbsp;&nbsp;&nbsp;&nbsp; 9689094 |
|  |  | &nbsp;&nbsp; 15822025 |
| Insurance – 0.8% |  |  |
| &nbsp;&nbsp;&nbsp; Aon North America Inc, 5.4500%, 3/1/34 | &nbsp;&nbsp; 45231000 | &nbsp;&nbsp; 47004761 |
| &nbsp;&nbsp;&nbsp; Asurion LLC / Asurion Co-Issuer Inc, 8.0000%, 12/31/32<sup>ž</sup> <br>| &nbsp;&nbsp; 15976000 | &nbsp;&nbsp; 16576880 |
| &nbsp;&nbsp;&nbsp; Athene Global Funding, 2.6460%, 10/4/31<sup>ž</sup> <br>| &nbsp;&nbsp; 17357000 | &nbsp;&nbsp; 15348638 |
| &nbsp;&nbsp;&nbsp; Brown & Brown Inc, 4.9000%, 6/23/30 | &nbsp;&nbsp;&nbsp;&nbsp; 6298000 | &nbsp;&nbsp;&nbsp;&nbsp; 6385098 |
| &nbsp;&nbsp;&nbsp; Brown & Brown Inc, 5.2500%, 6/23/32 | &nbsp;&nbsp;&nbsp;&nbsp; 2767000 | &nbsp;&nbsp;&nbsp;&nbsp; 2829618 |
| &nbsp;&nbsp;&nbsp; Centene Corp, 4.2500%, 12/15/27 | &nbsp;&nbsp; 53971000 | &nbsp;&nbsp; 53653235 |
| &nbsp;&nbsp;&nbsp; Elevance Health Inc, 5.2000%, 2/15/35 | &nbsp;&nbsp; 13031000 | &nbsp;&nbsp; 13310406 |
| &nbsp;&nbsp;&nbsp; Health Care Service Corp, 5.2000%, 6/15/29<sup>ž</sup> <br>| &nbsp;&nbsp; 14413000 | &nbsp;&nbsp; 14773402 |
| &nbsp;&nbsp;&nbsp; Health Care Service Corp, 2.2000%, 6/1/30<sup>ž</sup> <br>| &nbsp;&nbsp; 13536000 | &nbsp;&nbsp; 12290711 |
| &nbsp;&nbsp;&nbsp; Health Care Service Corp, 5.4500%, 6/15/34<sup>ž</sup> <br>| &nbsp;&nbsp; 32502000 | &nbsp;&nbsp; 33274726 |
| &nbsp;&nbsp;&nbsp; Humana Inc, 5.8750%, 3/1/33 | &nbsp;&nbsp;&nbsp;&nbsp; 5208000 | &nbsp;&nbsp;&nbsp;&nbsp; 5470569 |
| &nbsp;&nbsp;&nbsp; Humana Inc, 5.9500%, 3/15/34 | &nbsp;&nbsp; 14187000 | &nbsp;&nbsp; 14878286 |
|  |  | 235796330 |
| Professional Services – 0.2% |  |  |
| &nbsp;&nbsp;&nbsp; Booz Allen Hamilton Inc, 5.9500%, 8/4/33 | &nbsp;&nbsp; 22041000 | &nbsp;&nbsp; 22960807 |
| &nbsp;&nbsp;&nbsp; Booz Allen Hamilton Inc, 5.9500%, 4/15/35 | &nbsp;&nbsp; 34511000 | &nbsp;&nbsp; 35756364 |
|  |  | &nbsp;&nbsp; 58717171 |
| Technology – 0.7% |  |  |
| &nbsp;&nbsp;&nbsp; CACI International Inc, 6.3750%, 6/15/33<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 8503000 | &nbsp;&nbsp;&nbsp;&nbsp; 8797873 |
| &nbsp;&nbsp;&nbsp; Constellation Software Inc/Canada, 5.1580%, 2/16/29<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 6132000 | &nbsp;&nbsp;&nbsp;&nbsp; 6248884 |
| &nbsp;&nbsp;&nbsp; Constellation Software Inc/Canada, 5.4610%, 2/16/34<sup>ž</sup> <br>| &nbsp;&nbsp; 17820000 | &nbsp;&nbsp; 17949884 |
| &nbsp;&nbsp;&nbsp; CoreWeave Inc, 9.2500%, 6/1/30<sup>ž,#</sup> <br>| &nbsp;&nbsp; 23092000 | &nbsp;&nbsp; 21470309 |
| &nbsp;&nbsp;&nbsp; CoreWeave Inc, 9.0000%, 2/1/31<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 9292000 | &nbsp;&nbsp;&nbsp;&nbsp; 8516304 |
| &nbsp;&nbsp;&nbsp; Foundry JV Holdco LLC, 5.9000%, 1/25/33<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 5478000 | &nbsp;&nbsp;&nbsp;&nbsp; 5731890 |
| &nbsp;&nbsp;&nbsp; Foundry JV Holdco LLC, 5.8750%, 1/25/34<sup>ž</sup> <br>| &nbsp;&nbsp; 25341000 | &nbsp;&nbsp; 26023831 |
| &nbsp;&nbsp;&nbsp; Foundry JV Holdco LLC, 6.2500%, 1/25/35<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 5478000 | &nbsp;&nbsp;&nbsp;&nbsp; 5808823 |
| &nbsp;&nbsp;&nbsp; Marvell Technology Inc, 1.6500%, 4/15/26 | &nbsp;&nbsp; 13225000 | &nbsp;&nbsp; 13135442 |
| &nbsp;&nbsp;&nbsp; MSCI Inc, 4.0000%, 11/15/29<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 4528000 | &nbsp;&nbsp;&nbsp;&nbsp; 4426990 |
| &nbsp;&nbsp;&nbsp; Oracle Corp, 5.5000%, 8/3/35 | &nbsp;&nbsp;&nbsp;&nbsp; 6388000 | &nbsp;&nbsp;&nbsp;&nbsp; 6259489 |
| &nbsp;&nbsp;&nbsp; Oracle Corp, 5.2000%, 9/26/35 | &nbsp;&nbsp; 19683000 | &nbsp;&nbsp; 18857903 |
| &nbsp;&nbsp;&nbsp; Oracle Corp, 5.9500%, 9/26/55 | &nbsp;&nbsp; 16440000 | &nbsp;&nbsp; 14566074 |

---

------

---

| | | |
|:---|:---|:---|
|  | *Shares or*<br> *Principal Amounts*<br>| *Value* |
| Corporate Bonds – (continued) |  |  |
| Technology – (continued) |  |  |
| &nbsp;&nbsp;&nbsp; Oracle Corp, 6.1000%, 9/26/65 | $21986000 | &nbsp;&nbsp; $19391487 |
| &nbsp;&nbsp;&nbsp; Western Digital Corp, 4.7500%, 2/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; 4400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4403366 |
|  |  | &nbsp;&nbsp; 181588549 |
| Transportation – 0.1% |  |  |
| &nbsp;&nbsp;&nbsp; GXO Logistics Inc, 1.6500%, 7/15/26 | &nbsp;&nbsp; 14940000 | &nbsp;&nbsp;&nbsp;&nbsp; 14726318 |
| Total Corporate Bonds (cost $2,420,162,968) |  | 2484846384 |
| Mortgage-Backed Securities – 6.6% |  |  |
| Fannie Mae: |  |  |
| &nbsp;&nbsp;&nbsp; 3.0000%, TBA, 30 Year Maturity | &nbsp;&nbsp;&nbsp;&nbsp; 3968000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3509367 |
| &nbsp;&nbsp;&nbsp; 3.5000%, TBA, 30 Year Maturity | &nbsp;&nbsp;&nbsp;&nbsp; 2838025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2614902 |
| &nbsp;&nbsp;&nbsp; 5.0000%, TBA, 30 Year Maturity | 113725000 | &nbsp;&nbsp; 113420899 |
| &nbsp;&nbsp;&nbsp; 5.5000%, TBA, 30 Year Maturity | &nbsp;&nbsp; 16859000 | &nbsp;&nbsp;&nbsp;&nbsp; 17093340 |
|  |  | &nbsp;&nbsp; 136638508 |
| Fannie Mae Pool: |  |  |
| &nbsp;&nbsp;&nbsp; 323282, 7.5000%, 7/1/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12243 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12460 |
| &nbsp;&nbsp;&nbsp; BO3223, 3.0000%, 10/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 565879 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 550035 |
| &nbsp;&nbsp;&nbsp; BO4725, 2.5000%, 11/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 571435 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 547245 |
| &nbsp;&nbsp;&nbsp; BO7717, 3.0000%, 11/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 264583 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 257410 |
| &nbsp;&nbsp;&nbsp; BO5957, 3.0000%, 12/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 340690 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 330711 |
| &nbsp;&nbsp;&nbsp; FS3713, 2.5000%, 12/1/36 | &nbsp;&nbsp; 24224133 | &nbsp;&nbsp;&nbsp;&nbsp; 23088585 |
| &nbsp;&nbsp;&nbsp; 995757, 6.0000%, 2/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 143925 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 152462 |
| &nbsp;&nbsp;&nbsp; AL6997, 4.5000%, 11/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 811765 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 817228 |
| &nbsp;&nbsp;&nbsp; AB7563, 3.0000%, 1/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 532799 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 492834 |
| &nbsp;&nbsp;&nbsp; MA1363, 3.0000%, 2/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 116551 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 107480 |
| &nbsp;&nbsp;&nbsp; AT2957, 3.0000%, 5/1/43 | &nbsp;&nbsp;&nbsp;&nbsp; 1161444 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1064017 |
| &nbsp;&nbsp;&nbsp; AL5942, 5.0000%, 7/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 86327 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 87808 |
| &nbsp;&nbsp;&nbsp; AL5887, 4.5000%, 10/1/44 | &nbsp;&nbsp;&nbsp;&nbsp; 1893918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1901292 |
| &nbsp;&nbsp;&nbsp; AL6542, 4.5000%, 3/1/45 | &nbsp;&nbsp;&nbsp;&nbsp; 3156874 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3169166 |
| &nbsp;&nbsp;&nbsp; AL6842, 4.0000%, 5/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 548699 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 532122 |
| &nbsp;&nbsp;&nbsp; AL7381, 4.5000%, 6/1/45 | &nbsp;&nbsp;&nbsp;&nbsp; 1665359 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1662425 |
| &nbsp;&nbsp;&nbsp; BM3912, 3.0000%, 3/1/47 | &nbsp;&nbsp;&nbsp;&nbsp; 3794084 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3466512 |
| &nbsp;&nbsp;&nbsp; CA0108, 3.5000%, 8/1/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 643014 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 608451 |
| &nbsp;&nbsp;&nbsp; BH1902, 3.5000%, 12/1/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 257457 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 243618 |
| &nbsp;&nbsp;&nbsp; BM3282, 3.5000%, 12/1/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 188927 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 178772 |
| &nbsp;&nbsp;&nbsp; BJ4559, 3.5000%, 1/1/48 | &nbsp;&nbsp;&nbsp;&nbsp; 1771604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1670786 |
| &nbsp;&nbsp;&nbsp; BJ4566, 4.0000%, 1/1/48 | &nbsp;&nbsp;&nbsp;&nbsp; 6424346 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6243644 |
| &nbsp;&nbsp;&nbsp; BJ4567, 4.0000%, 1/1/48 | &nbsp;&nbsp;&nbsp;&nbsp; 2436132 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2364830 |
| &nbsp;&nbsp;&nbsp; CA4646, 3.0000%, 2/1/48 | &nbsp;&nbsp;&nbsp;&nbsp; 2503273 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2294626 |
| &nbsp;&nbsp;&nbsp; BJ5170, 3.5000%, 3/1/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 310094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 293408 |
| &nbsp;&nbsp;&nbsp; BK1964, 4.0000%, 3/1/48 | &nbsp;&nbsp;&nbsp;&nbsp; 1862809 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1809319 |
| &nbsp;&nbsp;&nbsp; BK3211, 4.5000%, 3/1/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 84932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 84300 |
| &nbsp;&nbsp;&nbsp; BJ9181, 5.0000%, 5/1/48 | &nbsp;&nbsp;&nbsp;&nbsp; 1948861 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1980712 |
| &nbsp;&nbsp;&nbsp; BN0012, 4.5000%, 8/1/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 46841 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 46492 |
| &nbsp;&nbsp;&nbsp; MA3521, 4.0000%, 11/1/48 | &nbsp;&nbsp;&nbsp;&nbsp; 4611365 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4441127 |
| &nbsp;&nbsp;&nbsp; BN3899, 4.0000%, 12/1/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 684780 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 659500 |
| &nbsp;&nbsp;&nbsp; FM3664, 4.0000%, 3/1/49 | &nbsp;&nbsp;&nbsp;&nbsp; 2234370 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2151883 |
| &nbsp;&nbsp;&nbsp; CA3683, 4.5000%, 6/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 261756 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 259605 |
| &nbsp;&nbsp;&nbsp; CA4035, 4.5000%, 8/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 411418 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 408036 |
| &nbsp;&nbsp;&nbsp; MA3774, 3.0000%, 9/1/49 | &nbsp;&nbsp;&nbsp;&nbsp; 8996182 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8071991 |
| &nbsp;&nbsp;&nbsp; BO2983, 3.0000%, 9/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 550380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500105 |
| &nbsp;&nbsp;&nbsp; MA3908, 4.5000%, 1/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 568596 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 563921 |
| &nbsp;&nbsp;&nbsp; CA5327, 2.5000%, 3/1/50 | &nbsp;&nbsp;&nbsp;&nbsp; 1871145 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1586220 |
| &nbsp;&nbsp;&nbsp; CA5573, 4.0000%, 4/1/50 | &nbsp;&nbsp;&nbsp;&nbsp; 1741614 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1668968 |
| &nbsp;&nbsp;&nbsp; MA4079, 3.0000%, 7/1/50 | &nbsp;&nbsp;&nbsp;&nbsp; 7718950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6906919 |
| &nbsp;&nbsp;&nbsp; BM7069, 4.5000%, 7/1/50 | &nbsp;&nbsp; 12613503 | &nbsp;&nbsp;&nbsp;&nbsp; 12243220 |
| &nbsp;&nbsp;&nbsp; CA6635, 2.5000%, 8/1/50 | &nbsp;&nbsp; 42892726 | &nbsp;&nbsp;&nbsp;&nbsp; 37144995 |
| &nbsp;&nbsp;&nbsp; BK2913, 2.5000%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp; 1693281 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1470369 |
| &nbsp;&nbsp;&nbsp; FM5076, 4.0000%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp; 1535680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1471624 |
| &nbsp;&nbsp;&nbsp; FS2713, 4.5000%, 10/1/50 | &nbsp;&nbsp;&nbsp;&nbsp; 9589554 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9518151 |
| &nbsp;&nbsp;&nbsp; FS2546, 4.0000%, 3/1/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 380481 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 366435 |
| &nbsp;&nbsp;&nbsp; 20510401, 3.0000%, 4/1/51 | &nbsp;&nbsp;&nbsp;&nbsp; 1733313 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1552423 |
| &nbsp;&nbsp;&nbsp; MA4378, 2.0000%, 7/1/51 | &nbsp;&nbsp; 53410877 | &nbsp;&nbsp;&nbsp;&nbsp; 43551174 |
| &nbsp;&nbsp;&nbsp; FS0359, 2.5000%, 1/1/52 | &nbsp;&nbsp; 11019068 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9486935 |
| &nbsp;&nbsp;&nbsp; CB2681, 3.5000%, 1/1/52 | &nbsp;&nbsp;&nbsp;&nbsp; 2064939 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1940067 |
| &nbsp;&nbsp;&nbsp; FS0662, 2.5000%, 2/1/52 | &nbsp;&nbsp; 53733922 | &nbsp;&nbsp;&nbsp;&nbsp; 46229255 |
| &nbsp;&nbsp;&nbsp; FS5130, 2.5000%, 2/1/52 | &nbsp;&nbsp; 48731888 | &nbsp;&nbsp;&nbsp;&nbsp; 41948215 |
| &nbsp;&nbsp;&nbsp; CB2750, 2.5000%, 2/1/52 | &nbsp;&nbsp; 24448692 | &nbsp;&nbsp;&nbsp;&nbsp; 20901844 |
| &nbsp;&nbsp;&nbsp; CB2891, 3.0000%, 2/1/52 | &nbsp;&nbsp; 32546636 | &nbsp;&nbsp;&nbsp;&nbsp; 29129645 |
| &nbsp;&nbsp;&nbsp; BV2802, 3.0000%, 2/1/52 | &nbsp;&nbsp;&nbsp;&nbsp; 4372801 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3912303 |

---

------

---

| | | |
|:---|:---|:---|
|  | *Shares or*<br> *Principal Amounts*<br>| *Value* |
| Mortgage-Backed Securities – (continued) |  |  |
| Fannie Mae Pool – (continued) |  |  |
| &nbsp;&nbsp;&nbsp; CB2907, 3.5000%, 2/1/52 | $5643747 | $5302018 |
| &nbsp;&nbsp;&nbsp; CB3043, 2.5000%, 3/1/52 | 22858951 | 19666390 |
| &nbsp;&nbsp;&nbsp; FS1081, 2.5000%, 3/1/52 | 22043513 | 18940846 |
| &nbsp;&nbsp;&nbsp; FS5988, 2.5000%, 3/1/52 | 20501761 | 17616053 |
| &nbsp;&nbsp;&nbsp; CB3042, 2.5000%, 3/1/52 | &nbsp;&nbsp; 8311611 | &nbsp;&nbsp; 7157327 |
| &nbsp;&nbsp;&nbsp; BT2256, 2.5000%, 3/1/52 | &nbsp;&nbsp; 2026180 | &nbsp;&nbsp; 1740364 |
| &nbsp;&nbsp;&nbsp; BV2965, 2.5000%, 3/1/52 | &nbsp;&nbsp; 1624653 | &nbsp;&nbsp; 1395980 |
| &nbsp;&nbsp;&nbsp; BV5152, 2.5000%, 3/1/52 | &nbsp;&nbsp; 1546255 | &nbsp;&nbsp; 1330300 |
| &nbsp;&nbsp;&nbsp; BV2962, 2.5000%, 3/1/52 | &nbsp;&nbsp;&nbsp;&nbsp; 678950 | &nbsp;&nbsp;&nbsp;&nbsp; 584311 |
| &nbsp;&nbsp;&nbsp; BV4144, 3.0000%, 3/1/52 | 10026571 | &nbsp;&nbsp; 8983634 |
| &nbsp;&nbsp;&nbsp; CB3123, 3.5000%, 3/1/52 | 36914968 | 34632956 |
| &nbsp;&nbsp;&nbsp; FS1184, 3.5000%, 3/1/52 | &nbsp;&nbsp; 3475180 | &nbsp;&nbsp; 3264681 |
| &nbsp;&nbsp;&nbsp; CB3240, 3.0000%, 4/1/52 | 16206267 | 14502679 |
| &nbsp;&nbsp;&nbsp; BV5379, 3.0000%, 4/1/52 | &nbsp;&nbsp; 8844893 | &nbsp;&nbsp; 7949087 |
| &nbsp;&nbsp;&nbsp; BV5380, 3.0000%, 4/1/52 | &nbsp;&nbsp; 7509495 | &nbsp;&nbsp; 6727531 |
| &nbsp;&nbsp;&nbsp; BV5394, 3.5000%, 4/1/52 | &nbsp;&nbsp; 6966222 | &nbsp;&nbsp; 6530856 |
| &nbsp;&nbsp;&nbsp; FS1869, 3.5000%, 4/1/52 | &nbsp;&nbsp; 5396917 | &nbsp;&nbsp; 5063290 |
| &nbsp;&nbsp;&nbsp; FS1301, 3.5000%, 4/1/52 | &nbsp;&nbsp; 3935739 | &nbsp;&nbsp; 3666557 |
| &nbsp;&nbsp;&nbsp; BV5393, 3.5000%, 4/1/52 | &nbsp;&nbsp; 3797783 | &nbsp;&nbsp; 3565007 |
| &nbsp;&nbsp;&nbsp; BV8485, 3.5000%, 4/1/52 | &nbsp;&nbsp; 2395093 | &nbsp;&nbsp; 2245408 |
| &nbsp;&nbsp;&nbsp; BV4203, 3.5000%, 4/1/52 | &nbsp;&nbsp; 1328924 | &nbsp;&nbsp; 1247570 |
| &nbsp;&nbsp;&nbsp; BV8484, 3.5000%, 4/1/52 | &nbsp;&nbsp; 1314581 | &nbsp;&nbsp; 1234007 |
| &nbsp;&nbsp;&nbsp; BV6879, 4.5000%, 4/1/52 | &nbsp;&nbsp; 1082958 | &nbsp;&nbsp; 1063358 |
| &nbsp;&nbsp;&nbsp; BV7632, 4.5000%, 4/1/52 | &nbsp;&nbsp;&nbsp;&nbsp; 832138 | &nbsp;&nbsp;&nbsp;&nbsp; 817077 |
| &nbsp;&nbsp;&nbsp; BW0081, 4.5000%, 4/1/52 | &nbsp;&nbsp;&nbsp;&nbsp; 612341 | &nbsp;&nbsp;&nbsp;&nbsp; 601164 |
| &nbsp;&nbsp;&nbsp; BV7132, 4.5000%, 4/1/52 | &nbsp;&nbsp;&nbsp;&nbsp; 431055 | &nbsp;&nbsp;&nbsp;&nbsp; 423187 |
| &nbsp;&nbsp;&nbsp; BW0072, 4.5000%, 4/1/52 | &nbsp;&nbsp;&nbsp;&nbsp; 363539 | &nbsp;&nbsp;&nbsp;&nbsp; 356903 |
| &nbsp;&nbsp;&nbsp; BV7131, 4.5000%, 4/1/52 | &nbsp;&nbsp;&nbsp;&nbsp; 344128 | &nbsp;&nbsp;&nbsp;&nbsp; 337855 |
| &nbsp;&nbsp;&nbsp; FS6926, 2.5000%, 5/1/52 | 56872793 | 48918228 |
| &nbsp;&nbsp;&nbsp; CB3501, 3.5000%, 5/1/52 | &nbsp;&nbsp; 6620612 | &nbsp;&nbsp; 6176349 |
| &nbsp;&nbsp;&nbsp; BV8544, 3.5000%, 5/1/52 | &nbsp;&nbsp; 3785899 | &nbsp;&nbsp; 3549011 |
| &nbsp;&nbsp;&nbsp; FS3377, 4.0000%, 5/1/52 | &nbsp;&nbsp; 7988501 | &nbsp;&nbsp; 7693589 |
| &nbsp;&nbsp;&nbsp; BW0343, 4.5000%, 5/1/52 | &nbsp;&nbsp; 1689140 | &nbsp;&nbsp; 1658307 |
| &nbsp;&nbsp;&nbsp; FS3160, 3.0000%, 6/1/52 | &nbsp;&nbsp; 4466220 | &nbsp;&nbsp; 3994846 |
| &nbsp;&nbsp;&nbsp; CB3837, 3.5000%, 6/1/52 | 23395258 | 21943576 |
| &nbsp;&nbsp;&nbsp; FS2144, 3.5000%, 6/1/52 | 13571016 | 12745847 |
| &nbsp;&nbsp;&nbsp; FS5491, 3.0000%, 7/1/52 | 19271805 | 17237817 |
| &nbsp;&nbsp;&nbsp; FS5339, 3.0000%, 7/1/52 | 11212325 | 10030256 |
| &nbsp;&nbsp;&nbsp; CB4076, 3.5000%, 7/1/52 | &nbsp;&nbsp; 3361647 | &nbsp;&nbsp; 3153056 |
| &nbsp;&nbsp;&nbsp; CB4329, 3.5000%, 7/1/52 | &nbsp;&nbsp; 1186911 | &nbsp;&nbsp; 1114651 |
| &nbsp;&nbsp;&nbsp; BW0972, 4.5000%, 7/1/52 | &nbsp;&nbsp; 6649445 | &nbsp;&nbsp; 6555961 |
| &nbsp;&nbsp;&nbsp; CB4320, 3.5000%, 8/1/52 | &nbsp;&nbsp; 2346077 | &nbsp;&nbsp; 2200321 |
| &nbsp;&nbsp;&nbsp; BW7369, 5.0000%, 10/1/52 | &nbsp;&nbsp; 5801759 | &nbsp;&nbsp; 5870229 |
| &nbsp;&nbsp;&nbsp; BW1288, 5.0000%, 10/1/52 | &nbsp;&nbsp; 2592223 | &nbsp;&nbsp; 2617854 |
| &nbsp;&nbsp;&nbsp; BT8021, 5.0000%, 1/1/53 | &nbsp;&nbsp; 2281725 | &nbsp;&nbsp; 2308107 |
| &nbsp;&nbsp;&nbsp; BX5759, 5.0000%, 1/1/53 | &nbsp;&nbsp;&nbsp;&nbsp; 797659 | &nbsp;&nbsp;&nbsp;&nbsp; 802930 |
| &nbsp;&nbsp;&nbsp; BX5969, 5.0000%, 2/1/53 | &nbsp;&nbsp;&nbsp;&nbsp; 934764 | &nbsp;&nbsp;&nbsp;&nbsp; 945448 |
| &nbsp;&nbsp;&nbsp; BX8071, 5.0000%, 3/1/53 | &nbsp;&nbsp;&nbsp;&nbsp; 482180 | &nbsp;&nbsp;&nbsp;&nbsp; 486624 |
| &nbsp;&nbsp;&nbsp; BX7860, 5.5000%, 3/1/53 | &nbsp;&nbsp;&nbsp;&nbsp; 315903 | &nbsp;&nbsp;&nbsp;&nbsp; 325991 |
| &nbsp;&nbsp;&nbsp; BX9351, 5.0000%, 4/1/53 | &nbsp;&nbsp; 1066555 | &nbsp;&nbsp; 1076385 |
| &nbsp;&nbsp;&nbsp; BY0782, 5.5000%, 4/1/53 | &nbsp;&nbsp;&nbsp;&nbsp; 180700 | &nbsp;&nbsp;&nbsp;&nbsp; 186785 |
| &nbsp;&nbsp;&nbsp; BY1920, 5.0000%, 5/1/53 | &nbsp;&nbsp;&nbsp;&nbsp; 581278 | &nbsp;&nbsp;&nbsp;&nbsp; 586596 |
| &nbsp;&nbsp;&nbsp; BY1896, 5.5000%, 5/1/53 | &nbsp;&nbsp;&nbsp;&nbsp; 330992 | &nbsp;&nbsp;&nbsp;&nbsp; 340015 |
| &nbsp;&nbsp;&nbsp; BY0866, 5.5000%, 5/1/53 | &nbsp;&nbsp;&nbsp;&nbsp; 170027 | &nbsp;&nbsp;&nbsp;&nbsp; 174662 |
| &nbsp;&nbsp;&nbsp; BY3263, 5.0000%, 6/1/53 | &nbsp;&nbsp; 1152981 | &nbsp;&nbsp; 1165257 |
| &nbsp;&nbsp;&nbsp; BY2783, 5.0000%, 6/1/53 | &nbsp;&nbsp;&nbsp;&nbsp; 640220 | &nbsp;&nbsp;&nbsp;&nbsp; 646034 |
| &nbsp;&nbsp;&nbsp; BY4284, 5.5000%, 6/1/53 | &nbsp;&nbsp;&nbsp;&nbsp; 472949 | &nbsp;&nbsp;&nbsp;&nbsp; 489610 |
| &nbsp;&nbsp;&nbsp; CB6686, 4.5000%, 7/1/53 | &nbsp;&nbsp; 2987617 | &nbsp;&nbsp; 2957251 |
| &nbsp;&nbsp;&nbsp; BY6374, 5.5000%, 7/1/53 | &nbsp;&nbsp; 1255018 | &nbsp;&nbsp; 1288980 |
| &nbsp;&nbsp;&nbsp; BY7004, 5.5000%, 7/1/53 | &nbsp;&nbsp;&nbsp;&nbsp; 641494 | &nbsp;&nbsp;&nbsp;&nbsp; 663885 |
| &nbsp;&nbsp;&nbsp; BY6690, 5.0000%, 8/1/53 | &nbsp;&nbsp;&nbsp;&nbsp; 686922 | &nbsp;&nbsp;&nbsp;&nbsp; 694442 |
| &nbsp;&nbsp;&nbsp; CB7112, 5.5000%, 9/1/53 | 21680188 | 22397501 |
| &nbsp;&nbsp;&nbsp; CB7430, 5.5000%, 11/1/53 | &nbsp;&nbsp; 6135719 | &nbsp;&nbsp; 6354346 |
| &nbsp;&nbsp;&nbsp; FS8037, 6.0000%, 1/1/54 | &nbsp;&nbsp; 6035360 | &nbsp;&nbsp; 6317239 |
| &nbsp;&nbsp;&nbsp; CB8134, 5.5000%, 3/1/54 | 11335737 | 11710344 |
| &nbsp;&nbsp;&nbsp; FS7607, 6.0000%, 3/1/54 | &nbsp;&nbsp; 5176383 | &nbsp;&nbsp; 5397138 |
| &nbsp;&nbsp;&nbsp; FS7643, 6.0000%, 4/1/54 | 12918548 | 13515744 |
| &nbsp;&nbsp;&nbsp; CB8543, 6.0000%, 5/1/54 | 34136656 | 35573667 |
| &nbsp;&nbsp;&nbsp; 20550801, 6.0000%, 8/1/55 | 10377104 | 10734953 |

---

------

---

| | | |
|:---|:---|:---|
|  | *Shares or*<br> *Principal Amounts*<br>| *Value* |
| Mortgage-Backed Securities – (continued) |  |  |
| Fannie Mae Pool – (continued) |  |  |
| &nbsp;&nbsp;&nbsp; BF0130, 3.5000%, 8/1/56 | $8469002 | &nbsp;&nbsp; $7826309 |
| &nbsp;&nbsp;&nbsp; BF0167, 3.0000%, 2/1/57 | &nbsp;&nbsp; 8557926 | &nbsp;&nbsp;&nbsp;&nbsp; 7468989 |
| &nbsp;&nbsp;&nbsp; BF0189, 3.0000%, 6/1/57 | &nbsp;&nbsp;&nbsp;&nbsp; 161419 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 140427 |
| &nbsp;&nbsp;&nbsp; BF0619, 2.5000%, 3/1/62 | 51109861 | &nbsp;&nbsp; 42077532 |
| &nbsp;&nbsp;&nbsp; BF0598, 2.5000%, 3/1/62 | 17024958 | &nbsp;&nbsp; 14261893 |
|  |  | 875465058 |
| Freddie Mac Gold Pool: |  |  |
| &nbsp;&nbsp;&nbsp; Q58477, 4.0000%, 9/1/48 | &nbsp;&nbsp; 1307989 | &nbsp;&nbsp;&nbsp;&nbsp; 1261407 |
| Freddie Mac Pool: |  |  |
| &nbsp;&nbsp;&nbsp; ZS7403, 3.0000%, 5/1/31 | &nbsp;&nbsp; 5358014 | &nbsp;&nbsp;&nbsp;&nbsp; 5274698 |
| &nbsp;&nbsp;&nbsp; ZK8962, 3.0000%, 9/1/32 | &nbsp;&nbsp; 1453181 | &nbsp;&nbsp;&nbsp;&nbsp; 1420890 |
| &nbsp;&nbsp;&nbsp; ZK9009, 3.0000%, 10/1/32 | &nbsp;&nbsp;&nbsp;&nbsp; 746353 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 729081 |
| &nbsp;&nbsp;&nbsp; ZK9085, 3.0000%, 12/1/32 | &nbsp;&nbsp;&nbsp;&nbsp; 386889 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 378263 |
| &nbsp;&nbsp;&nbsp; ZK9163, 3.0000%, 1/1/33 | &nbsp;&nbsp;&nbsp;&nbsp; 975021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 952847 |
| &nbsp;&nbsp;&nbsp; SB0040, 2.5000%, 12/1/33 | &nbsp;&nbsp; 6111743 | &nbsp;&nbsp;&nbsp;&nbsp; 5937568 |
| &nbsp;&nbsp;&nbsp; QN0786, 3.0000%, 10/1/34 | &nbsp;&nbsp; 1822631 | &nbsp;&nbsp;&nbsp;&nbsp; 1770942 |
| &nbsp;&nbsp;&nbsp; QN0783, 3.0000%, 10/1/34 | &nbsp;&nbsp;&nbsp;&nbsp; 826710 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 802578 |
| &nbsp;&nbsp;&nbsp; SB0116, 2.5000%, 11/1/34 | &nbsp;&nbsp; 2102923 | &nbsp;&nbsp;&nbsp;&nbsp; 2014639 |
| &nbsp;&nbsp;&nbsp; QN0951, 2.5000%, 11/1/34 | &nbsp;&nbsp;&nbsp;&nbsp; 552694 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 529039 |
| &nbsp;&nbsp;&nbsp; SB0866, 2.5000%, 6/1/37 | 19404742 | &nbsp;&nbsp; 18362440 |
| &nbsp;&nbsp;&nbsp; ZS3695, 6.0000%, 4/1/40 | &nbsp;&nbsp; 1985372 | &nbsp;&nbsp;&nbsp;&nbsp; 2110744 |
| &nbsp;&nbsp;&nbsp; ZT1145, 4.5000%, 5/1/44 | &nbsp;&nbsp;&nbsp;&nbsp; 613307 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 612227 |
| &nbsp;&nbsp;&nbsp; ZT1167, 4.0000%, 4/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16818 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16344 |
| &nbsp;&nbsp;&nbsp; ZT1257, 3.0000%, 1/1/46 | &nbsp;&nbsp;&nbsp;&nbsp; 351669 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 324376 |
| &nbsp;&nbsp;&nbsp; ZM1434, 3.5000%, 7/1/46 | &nbsp;&nbsp; 1515967 | &nbsp;&nbsp;&nbsp;&nbsp; 1433439 |
| &nbsp;&nbsp;&nbsp; ZT1633, 4.0000%, 3/1/47 | &nbsp;&nbsp;&nbsp;&nbsp; 729744 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 708064 |
| &nbsp;&nbsp;&nbsp; ZT0534, 3.5000%, 12/1/47 | &nbsp;&nbsp; 4640328 | &nbsp;&nbsp;&nbsp;&nbsp; 4375327 |
| &nbsp;&nbsp;&nbsp; ZM5707, 3.5000%, 2/1/48 | &nbsp;&nbsp; 1705322 | &nbsp;&nbsp;&nbsp;&nbsp; 1604943 |
| &nbsp;&nbsp;&nbsp; ZM5945, 4.0000%, 3/1/48 | &nbsp;&nbsp; 1500030 | &nbsp;&nbsp;&nbsp;&nbsp; 1456957 |
| &nbsp;&nbsp;&nbsp; ZM5865, 4.5000%, 3/1/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 78335 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 77752 |
| &nbsp;&nbsp;&nbsp; ZM6220, 4.0000%, 4/1/48 | &nbsp;&nbsp; 1788702 | &nbsp;&nbsp;&nbsp;&nbsp; 1722669 |
| &nbsp;&nbsp;&nbsp; ZM6276, 4.0000%, 4/1/48 | &nbsp;&nbsp; 1769739 | &nbsp;&nbsp;&nbsp;&nbsp; 1716813 |
| &nbsp;&nbsp;&nbsp; ZM6427, 4.0000%, 5/1/48 | &nbsp;&nbsp; 3111937 | &nbsp;&nbsp;&nbsp;&nbsp; 2997054 |
| &nbsp;&nbsp;&nbsp; ZM7182, 4.5000%, 7/1/48 | &nbsp;&nbsp;&nbsp;&nbsp; 521096 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 517216 |
| &nbsp;&nbsp;&nbsp; ZM7926, 5.0000%, 9/1/48 | &nbsp;&nbsp;&nbsp;&nbsp; 104099 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 105330 |
| &nbsp;&nbsp;&nbsp; ZT1320, 4.0000%, 11/1/48 | &nbsp;&nbsp;&nbsp;&nbsp; 412329 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 397107 |
| &nbsp;&nbsp;&nbsp; SI2017, 4.0000%, 12/1/48 | &nbsp;&nbsp; 5231108 | &nbsp;&nbsp;&nbsp;&nbsp; 5037987 |
| &nbsp;&nbsp;&nbsp; ZN2165, 4.5000%, 12/1/48 | &nbsp;&nbsp; 1541466 | &nbsp;&nbsp;&nbsp;&nbsp; 1539343 |
| &nbsp;&nbsp;&nbsp; ZA7158, 4.5000%, 6/1/49 | &nbsp;&nbsp;&nbsp;&nbsp; 387163 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 384231 |
| &nbsp;&nbsp;&nbsp; RA1087, 4.5000%, 7/1/49 | &nbsp;&nbsp; 2607197 | &nbsp;&nbsp;&nbsp;&nbsp; 2587455 |
| &nbsp;&nbsp;&nbsp; RA1088, 4.5000%, 7/1/49 | &nbsp;&nbsp;&nbsp;&nbsp; 502004 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 497877 |
| &nbsp;&nbsp;&nbsp; QA2159, 3.0000%, 8/1/49 | &nbsp;&nbsp;&nbsp;&nbsp; 760161 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 673955 |
| &nbsp;&nbsp;&nbsp; RA1188, 4.5000%, 8/1/49 | &nbsp;&nbsp; 2637769 | &nbsp;&nbsp;&nbsp;&nbsp; 2617795 |
| &nbsp;&nbsp;&nbsp; QA4936, 3.0000%, 12/1/49 | &nbsp;&nbsp;&nbsp;&nbsp; 800605 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 718357 |
| &nbsp;&nbsp;&nbsp; QA5622, 3.0000%, 12/1/49 | &nbsp;&nbsp;&nbsp;&nbsp; 647554 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 581030 |
| &nbsp;&nbsp;&nbsp; RA1999, 4.5000%, 1/1/50 | &nbsp;&nbsp; 1845276 | &nbsp;&nbsp;&nbsp;&nbsp; 1831303 |
| &nbsp;&nbsp;&nbsp; SD8040, 4.5000%, 1/1/50 | &nbsp;&nbsp;&nbsp;&nbsp; 430950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 427407 |
| &nbsp;&nbsp;&nbsp; QA8274, 3.5000%, 3/1/50 | &nbsp;&nbsp;&nbsp;&nbsp; 565312 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 525717 |
| &nbsp;&nbsp;&nbsp; SD1551, 4.0000%, 3/1/50 | &nbsp;&nbsp; 4983485 | &nbsp;&nbsp;&nbsp;&nbsp; 4799510 |
| &nbsp;&nbsp;&nbsp; SE9056, 4.5000%, 3/1/50 | &nbsp;&nbsp; 5484035 | &nbsp;&nbsp;&nbsp;&nbsp; 5319784 |
| &nbsp;&nbsp;&nbsp; QB1708, 2.5000%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp; 803365 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 697855 |
| &nbsp;&nbsp;&nbsp; QB2976, 2.5000%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp; 360766 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 313273 |
| &nbsp;&nbsp;&nbsp; QB3353, 2.5000%, 9/1/50 | &nbsp;&nbsp; 1569794 | &nbsp;&nbsp;&nbsp;&nbsp; 1362652 |
| &nbsp;&nbsp;&nbsp; SD1143, 4.5000%, 9/1/50 | 14302900 | &nbsp;&nbsp; 14196402 |
| &nbsp;&nbsp;&nbsp; RA5285, 2.5000%, 5/1/51 | 35502589 | &nbsp;&nbsp; 30440115 |
| &nbsp;&nbsp;&nbsp; SD1137, 2.5000%, 6/1/51 | 13428669 | &nbsp;&nbsp; 11604245 |
| &nbsp;&nbsp;&nbsp; QC5848, 2.5000%, 8/1/51 | 40364760 | &nbsp;&nbsp; 34583955 |
| &nbsp;&nbsp;&nbsp; RA5906, 2.5000%, 9/1/51 | 32905890 | &nbsp;&nbsp; 28313679 |
| &nbsp;&nbsp;&nbsp; SD0688, 2.5000%, 10/1/51 | 35497569 | &nbsp;&nbsp; 30512145 |
| &nbsp;&nbsp;&nbsp; SD7548, 2.5000%, 11/1/51 | 12054152 | &nbsp;&nbsp; 10396771 |
| &nbsp;&nbsp;&nbsp; QD6087, 2.5000%, 1/1/52 | &nbsp;&nbsp; 3510857 | &nbsp;&nbsp;&nbsp;&nbsp; 3027489 |
| &nbsp;&nbsp;&nbsp; QD4842, 2.5000%, 1/1/52 | &nbsp;&nbsp; 2190357 | &nbsp;&nbsp;&nbsp;&nbsp; 1888115 |
| &nbsp;&nbsp;&nbsp; QD7069, 2.5000%, 2/1/52 | &nbsp;&nbsp; 5437294 | &nbsp;&nbsp;&nbsp;&nbsp; 4677903 |
| &nbsp;&nbsp;&nbsp; QD9513, 2.5000%, 2/1/52 | &nbsp;&nbsp; 3173391 | &nbsp;&nbsp;&nbsp;&nbsp; 2714734 |
| &nbsp;&nbsp;&nbsp; QD6554, 3.0000%, 2/1/52 | &nbsp;&nbsp; 2739512 | &nbsp;&nbsp;&nbsp;&nbsp; 2454865 |
| &nbsp;&nbsp;&nbsp; QD6555, 3.0000%, 2/1/52 | &nbsp;&nbsp; 1886679 | &nbsp;&nbsp;&nbsp;&nbsp; 1696022 |
| &nbsp;&nbsp;&nbsp; SD0931, 2.5000%, 3/1/52 | 26692670 | &nbsp;&nbsp; 22910740 |
| &nbsp;&nbsp;&nbsp; QD8288, 2.5000%, 3/1/52 | &nbsp;&nbsp;&nbsp;&nbsp; 899406 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 772813 |
| &nbsp;&nbsp;&nbsp; QD9182, 3.0000%, 3/1/52 | &nbsp;&nbsp; 2681210 | &nbsp;&nbsp;&nbsp;&nbsp; 2409960 |

---

------

---

| | | |
|:---|:---|:---|
|  | *Shares or*<br> *Principal Amounts*<br>| *Value* |
| Mortgage-Backed Securities – (continued) |  |  |
| Freddie Mac Pool – (continued) |  |  |
| &nbsp;&nbsp;&nbsp; QE0318, 4.5000%, 3/1/52 | &nbsp;&nbsp; $288583 | &nbsp;&nbsp;&nbsp;&nbsp; $283360 |
| &nbsp;&nbsp;&nbsp; QE0354, 3.5000%, 4/1/52 | &nbsp;&nbsp; 2801897 | &nbsp;&nbsp;&nbsp;&nbsp; 2626788 |
| &nbsp;&nbsp;&nbsp; QE1072, 3.5000%, 4/1/52 | &nbsp;&nbsp; 2621660 | &nbsp;&nbsp;&nbsp;&nbsp; 2457815 |
| &nbsp;&nbsp;&nbsp; SD0943, 3.5000%, 4/1/52 | &nbsp;&nbsp; 2234094 | &nbsp;&nbsp;&nbsp;&nbsp; 2098820 |
| &nbsp;&nbsp;&nbsp; QE1073, 3.5000%, 4/1/52 | &nbsp;&nbsp;&nbsp;&nbsp; 844130 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 792391 |
| &nbsp;&nbsp;&nbsp; QD9191, 3.5000%, 4/1/52 | &nbsp;&nbsp;&nbsp;&nbsp; 650613 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 610783 |
| &nbsp;&nbsp;&nbsp; SD8212, 2.5000%, 5/1/52 | 12564965 | &nbsp;&nbsp; 10687416 |
| &nbsp;&nbsp;&nbsp; SD3493, 2.5000%, 5/1/52 | 11057157 | &nbsp;&nbsp;&nbsp;&nbsp; 9511100 |
| &nbsp;&nbsp;&nbsp; SD7023, 3.0000%, 6/1/52 | 15496698 | &nbsp;&nbsp; 13836240 |
| &nbsp;&nbsp;&nbsp; SD1840, 3.0000%, 6/1/52 | 11029075 | &nbsp;&nbsp;&nbsp;&nbsp; 9865043 |
| &nbsp;&nbsp;&nbsp; SD1150, 3.5000%, 6/1/52 | &nbsp;&nbsp; 4484615 | &nbsp;&nbsp;&nbsp;&nbsp; 4213072 |
| &nbsp;&nbsp;&nbsp; QF0488, 5.5000%, 9/1/52 | &nbsp;&nbsp; 6022196 | &nbsp;&nbsp;&nbsp;&nbsp; 6176052 |
| &nbsp;&nbsp;&nbsp; QF2386, 5.0000%, 10/1/52 | 10776388 | &nbsp;&nbsp; 10848712 |
| &nbsp;&nbsp;&nbsp; QF2145, 5.0000%, 10/1/52 | &nbsp;&nbsp;&nbsp;&nbsp; 358737 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 362284 |
| &nbsp;&nbsp;&nbsp; QF2437, 5.5000%, 10/1/52 | &nbsp;&nbsp;&nbsp;&nbsp; 360845 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 374831 |
| &nbsp;&nbsp;&nbsp; QF7813, 5.0000%, 1/1/53 | &nbsp;&nbsp;&nbsp;&nbsp; 462780 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 468094 |
| &nbsp;&nbsp;&nbsp; QF6841, 5.0000%, 1/1/53 | &nbsp;&nbsp;&nbsp;&nbsp; 404288 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 408201 |
| &nbsp;&nbsp;&nbsp; QF8398, 5.0000%, 3/1/53 | &nbsp;&nbsp; 1661481 | &nbsp;&nbsp;&nbsp;&nbsp; 1676907 |
| &nbsp;&nbsp;&nbsp; QF9871, 5.0000%, 3/1/53 | &nbsp;&nbsp; 1589186 | &nbsp;&nbsp;&nbsp;&nbsp; 1603833 |
| &nbsp;&nbsp;&nbsp; QG1442, 5.0000%, 4/1/53 | &nbsp;&nbsp; 1846847 | &nbsp;&nbsp;&nbsp;&nbsp; 1852308 |
| &nbsp;&nbsp;&nbsp; QG2380, 5.0000%, 5/1/53 | &nbsp;&nbsp; 5229852 | &nbsp;&nbsp;&nbsp;&nbsp; 5257395 |
| &nbsp;&nbsp;&nbsp; QG3598, 5.0000%, 5/1/53 | &nbsp;&nbsp; 3202754 | &nbsp;&nbsp;&nbsp;&nbsp; 3219621 |
| &nbsp;&nbsp;&nbsp; QG3742, 5.0000%, 5/1/53 | &nbsp;&nbsp;&nbsp;&nbsp; 324393 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 327339 |
| &nbsp;&nbsp;&nbsp; SD2897, 5.5000%, 5/1/53 | &nbsp;&nbsp; 4155434 | &nbsp;&nbsp;&nbsp;&nbsp; 4246552 |
| &nbsp;&nbsp;&nbsp; QG2543, 5.5000%, 5/1/53 | &nbsp;&nbsp;&nbsp;&nbsp; 503580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 516003 |
| &nbsp;&nbsp;&nbsp; QG4742, 5.0000%, 6/1/53 | &nbsp;&nbsp; 2198854 | &nbsp;&nbsp;&nbsp;&nbsp; 2195016 |
| &nbsp;&nbsp;&nbsp; QG5161, 5.0000%, 6/1/53 | &nbsp;&nbsp; 2060009 | &nbsp;&nbsp;&nbsp;&nbsp; 2056413 |
| &nbsp;&nbsp;&nbsp; QG5055, 5.0000%, 6/1/53 | &nbsp;&nbsp; 1763522 | &nbsp;&nbsp;&nbsp;&nbsp; 1761443 |
| &nbsp;&nbsp;&nbsp; QG3917, 5.0000%, 6/1/53 | &nbsp;&nbsp; 1315152 | &nbsp;&nbsp;&nbsp;&nbsp; 1322078 |
| &nbsp;&nbsp;&nbsp; QG4676, 5.0000%, 6/1/53 | &nbsp;&nbsp;&nbsp;&nbsp; 644719 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 644275 |
| &nbsp;&nbsp;&nbsp; QG3912, 5.5000%, 6/1/53 | &nbsp;&nbsp; 1667957 | &nbsp;&nbsp;&nbsp;&nbsp; 1713427 |
| &nbsp;&nbsp;&nbsp; QG4741, 5.5000%, 6/1/53 | &nbsp;&nbsp; 1247634 | &nbsp;&nbsp;&nbsp;&nbsp; 1265784 |
| &nbsp;&nbsp;&nbsp; QG6693, 5.5000%, 7/1/53 | &nbsp;&nbsp; 5269121 | &nbsp;&nbsp;&nbsp;&nbsp; 5411708 |
| &nbsp;&nbsp;&nbsp; QG7441, 5.5000%, 7/1/53 | &nbsp;&nbsp; 3086864 | &nbsp;&nbsp;&nbsp;&nbsp; 3170397 |
| &nbsp;&nbsp;&nbsp; SD4294, 5.5000%, 9/1/53 | &nbsp;&nbsp; 4401796 | &nbsp;&nbsp;&nbsp;&nbsp; 4545909 |
| &nbsp;&nbsp;&nbsp; RA9851, 6.0000%, 9/1/53 | 34165031 | &nbsp;&nbsp; 35523614 |
| &nbsp;&nbsp;&nbsp; SD4009, 6.0000%, 9/1/53 | 10645157 | &nbsp;&nbsp; 11135338 |
| &nbsp;&nbsp;&nbsp; SD4668, 6.0000%, 10/1/53 | 16787384 | &nbsp;&nbsp; 17367400 |
| &nbsp;&nbsp;&nbsp; SD4247, 6.5000%, 11/1/53 | 13044806 | &nbsp;&nbsp; 13751368 |
| &nbsp;&nbsp;&nbsp; QI2699, 5.5000%, 4/1/54 | &nbsp;&nbsp; 2885688 | &nbsp;&nbsp;&nbsp;&nbsp; 2985616 |
| &nbsp;&nbsp;&nbsp; RJ1341, 6.0000%, 4/1/54 | 24858763 | &nbsp;&nbsp; 25905213 |
| &nbsp;&nbsp;&nbsp; RJ3021, 5.5000%, 12/1/54 | 41124464 | &nbsp;&nbsp; 41986560 |
| &nbsp;&nbsp;&nbsp; SL1226, 5.5000%, 5/1/55 | &nbsp;&nbsp; 7980446 | &nbsp;&nbsp;&nbsp;&nbsp; 8211520 |
| &nbsp;&nbsp;&nbsp; RJ4363, 5.5000%, 6/1/55 | &nbsp;&nbsp; 1193735 | &nbsp;&nbsp;&nbsp;&nbsp; 1230924 |
|  |  | 567369794 |
| Ginnie Mae: |  |  |
| &nbsp;&nbsp;&nbsp; 2.5000%, TBA, 30 Year Maturity | 32578133 | &nbsp;&nbsp; 28108413 |
| &nbsp;&nbsp;&nbsp; 3.5000%, TBA, 30 Year Maturity | 20258806 | &nbsp;&nbsp; 18431543 |
| &nbsp;&nbsp;&nbsp; 4.0000%, TBA, 30 Year Maturity | 11351459 | &nbsp;&nbsp; 10713620 |
| &nbsp;&nbsp;&nbsp; 5.0000%, TBA, 30 Year Maturity | 18848683 | &nbsp;&nbsp; 18796548 |
|  |  | &nbsp;&nbsp; 76050124 |
| Ginnie Mae I Pool: |  |  |
| &nbsp;&nbsp;&nbsp; 625655, 6.0000%, 1/15/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 38043 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40065 |
| &nbsp;&nbsp;&nbsp; 784059, 4.0000%, 1/15/45 | &nbsp;&nbsp; 7007818 | &nbsp;&nbsp;&nbsp;&nbsp; 6637080 |
| &nbsp;&nbsp;&nbsp; 784182, 4.5000%, 8/15/46 | &nbsp;&nbsp; 8993780 | &nbsp;&nbsp;&nbsp;&nbsp; 8944978 |
| &nbsp;&nbsp;&nbsp; BB4357, 4.0000%, 7/15/47 | &nbsp;&nbsp; 1594989 | &nbsp;&nbsp;&nbsp;&nbsp; 1533941 |
| &nbsp;&nbsp;&nbsp; BC7161, 4.0000%, 8/15/47 | &nbsp;&nbsp;&nbsp;&nbsp; 225185 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 216566 |
| &nbsp;&nbsp;&nbsp; BD7109, 4.0000%, 11/15/47 | &nbsp;&nbsp;&nbsp;&nbsp; 174399 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 167724 |
| &nbsp;&nbsp;&nbsp; BD7135, 4.0000%, 12/15/47 | &nbsp;&nbsp;&nbsp;&nbsp; 632122 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 607928 |
|  |  | &nbsp;&nbsp; 18148282 |
| Ginnie Mae II Pool: |  |  |
| &nbsp;&nbsp;&nbsp; MA4068, 3.0000%, 11/20/46 | 26271014 | &nbsp;&nbsp; 23945850 |
| &nbsp;&nbsp;&nbsp; BB9817, 4.0000%, 8/20/47 | &nbsp;&nbsp;&nbsp;&nbsp; 930586 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 895466 |
| &nbsp;&nbsp;&nbsp; BB9814, 4.0000%, 8/20/47 | &nbsp;&nbsp;&nbsp;&nbsp; 152830 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 147062 |
| &nbsp;&nbsp;&nbsp; BB9835, 4.0000%, 8/20/47 | &nbsp;&nbsp;&nbsp;&nbsp; 142627 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 137244 |
| &nbsp;&nbsp;&nbsp; MA5021, 4.5000%, 2/20/48 | &nbsp;&nbsp;&nbsp;&nbsp; 862022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 855475 |
| &nbsp;&nbsp;&nbsp; BH3673, 4.5000%, 5/20/48 | &nbsp;&nbsp; 1135621 | &nbsp;&nbsp;&nbsp;&nbsp; 1114493 |
| &nbsp;&nbsp;&nbsp; BH3672, 4.5000%, 5/20/48 | &nbsp;&nbsp;&nbsp;&nbsp; 229060 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 225971 |
| &nbsp;&nbsp;&nbsp; MA5264, 4.0000%, 6/20/48 | &nbsp;&nbsp; 6882136 | &nbsp;&nbsp;&nbsp;&nbsp; 6622604 |

---

------

---

| | | |
|:---|:---|:---|
|  | *Shares or*<br> *Principal Amounts*<br>| *Value* |
| Mortgage-Backed Securities – (continued) |  |  |
| Ginnie Mae II Pool – (continued) |  |  |
| &nbsp;&nbsp;&nbsp; MA5400, 5.0000%, 8/20/48 | &nbsp;&nbsp; $2544274 | &nbsp;&nbsp;&nbsp;&nbsp; $2577542 |
| &nbsp;&nbsp;&nbsp; MA5930, 3.5000%, 5/20/49 | &nbsp;&nbsp; 34506634 | &nbsp;&nbsp;&nbsp;&nbsp; 32015249 |
| &nbsp;&nbsp;&nbsp; MA7255, 2.5000%, 3/20/51 | &nbsp;&nbsp; 33518978 | &nbsp;&nbsp;&nbsp;&nbsp; 28954298 |
| &nbsp;&nbsp;&nbsp; MA7313, 3.0000%, 4/20/51 | &nbsp;&nbsp; 22735750 | &nbsp;&nbsp;&nbsp;&nbsp; 20479970 |
| &nbsp;&nbsp;&nbsp; MA7473, 3.0000%, 7/20/51 | &nbsp;&nbsp; 18296363 | &nbsp;&nbsp;&nbsp;&nbsp; 16476799 |
| &nbsp;&nbsp;&nbsp; MA7535, 3.0000%, 8/20/51 | &nbsp;&nbsp; 41541324 | &nbsp;&nbsp;&nbsp;&nbsp; 37406846 |
| &nbsp;&nbsp;&nbsp; 785843, 2.5000%, 1/20/52 | &nbsp;&nbsp; 24884964 | &nbsp;&nbsp;&nbsp;&nbsp; 21194893 |
|  |  | &nbsp;&nbsp; 193049762 |
| Total Mortgage-Backed Securities (cost $1,892,755,873) |  | 1867982935 |
| United States Treasury Notes/Bonds – 7.2% |  |  |
| &nbsp;&nbsp;&nbsp; 3.5000%, 12/15/28 | 193327000 | &nbsp;&nbsp; 193100444 |
| &nbsp;&nbsp;&nbsp; 3.6250%, 10/31/30 | &nbsp;&nbsp;&nbsp;&nbsp; 8762000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8725035 |
| &nbsp;&nbsp;&nbsp; 3.5000%, 11/30/30 | 725216000 | &nbsp;&nbsp; 717907186 |
| &nbsp;&nbsp;&nbsp; 3.7500%, 11/30/32 | 207725000 | &nbsp;&nbsp; 205323180 |
| &nbsp;&nbsp;&nbsp; 4.0000%, 11/15/35 | 448146200 | &nbsp;&nbsp; 441704098 |
| &nbsp;&nbsp;&nbsp; 4.6250%, 11/15/45 | 238504000 | &nbsp;&nbsp; 233063128 |
| &nbsp;&nbsp;&nbsp; 4.7500%, 8/15/55 | 235053000 | &nbsp;&nbsp; 231086481 |
| Total United States Treasury Notes/Bonds (cost $2,046,128,691) |  | 2030909552 |
| Common Stocks – 64.5% |  |  |
| Aerospace & Defense – 1.3% |  |  |
| &nbsp;&nbsp;&nbsp; General Electric Co | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 762678 | &nbsp;&nbsp; 234927704 |
| &nbsp;&nbsp;&nbsp; Howmet Aerospace Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 678432 | &nbsp;&nbsp; 139092129 |
|  |  | &nbsp;&nbsp; 374019833 |
| Banks – 2.0% |  |  |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co | &nbsp;&nbsp;&nbsp;&nbsp; 1292294 | &nbsp;&nbsp; 416402973 |
| &nbsp;&nbsp;&nbsp; PNC Financial Services Group Inc/The | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 668579 | &nbsp;&nbsp; 139552494 |
|  |  | &nbsp;&nbsp; 555955467 |
| Beverages – 0.5% |  |  |
| &nbsp;&nbsp;&nbsp; Monster Beverage Corp<sup>\*</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 1963664 | &nbsp;&nbsp; 150554119 |
| Biotechnology – 1.9% |  |  |
| &nbsp;&nbsp;&nbsp; AbbVie Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 938508 | &nbsp;&nbsp; 214439693 |
| &nbsp;&nbsp;&nbsp; Amgen Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 427391 | &nbsp;&nbsp; 139889348 |
| &nbsp;&nbsp;&nbsp; Vertex Pharmaceuticals Inc<sup>\*</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 389050 | &nbsp;&nbsp; 176379708 |
|  |  | &nbsp;&nbsp; 530708749 |
| Building Products – 0.5% |  |  |
| &nbsp;&nbsp;&nbsp; Trane Technologies PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 390676 | &nbsp;&nbsp; 152051099 |
| Capital Markets – 4.3% |  |  |
| &nbsp;&nbsp;&nbsp; Charles Schwab Corp | &nbsp;&nbsp;&nbsp;&nbsp; 2003002 | &nbsp;&nbsp; 200119930 |
| &nbsp;&nbsp;&nbsp; CME Group Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 682654 | &nbsp;&nbsp; 186419154 |
| &nbsp;&nbsp;&nbsp; Coinbase Global Inc - Class A<sup>\*</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 72806 | &nbsp;&nbsp;&nbsp;&nbsp; 16464349 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 262912 | &nbsp;&nbsp; 231099648 |
| &nbsp;&nbsp;&nbsp; Intercontinental Exchange Inc | &nbsp;&nbsp;&nbsp;&nbsp; 1175931 | &nbsp;&nbsp; 190453785 |
| &nbsp;&nbsp;&nbsp; Moody's Corp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 266445 | &nbsp;&nbsp; 136113428 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley | &nbsp;&nbsp;&nbsp;&nbsp; 1391962 | &nbsp;&nbsp; 247115014 |
|  |  | 1207785308 |
| Chemicals – 0.3% |  |  |
| &nbsp;&nbsp;&nbsp; Ecolab Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 337842 | &nbsp;&nbsp;&nbsp;&nbsp; 88690282 |
| Communications Equipment – 0.5% |  |  |
| &nbsp;&nbsp;&nbsp; Motorola Solutions Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 390230 | &nbsp;&nbsp; 149582963 |
| Consumer Finance – 1.3% |  |  |
| &nbsp;&nbsp;&nbsp; American Express Co | &nbsp;&nbsp;&nbsp;&nbsp; 1003963 | &nbsp;&nbsp; 371416112 |
| Diversified Financial Services – 1.8% |  |  |
| &nbsp;&nbsp;&nbsp; Mastercard Inc - Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 893171 | &nbsp;&nbsp; 509893460 |
| Electrical Equipment – 0.7% |  |  |
| &nbsp;&nbsp;&nbsp; Eaton Corp PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 554980 | &nbsp;&nbsp; 176766680 |
| &nbsp;&nbsp;&nbsp; Emerson Electric Co | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 250914 | &nbsp;&nbsp;&nbsp;&nbsp; 33301306 |
|  |  | &nbsp;&nbsp; 210067986 |
| Electronic Equipment, Instruments & Components – 0.9% |  |  |
| &nbsp;&nbsp;&nbsp; Amphenol Corp | &nbsp;&nbsp;&nbsp;&nbsp; 1875026 | &nbsp;&nbsp; 253391014 |
| Entertainment – 1.7% |  |  |
| &nbsp;&nbsp;&nbsp; Netflix Inc<sup>\*</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 2286034 | &nbsp;&nbsp; 214338548 |
| &nbsp;&nbsp;&nbsp; Walt Disney Co/The | &nbsp;&nbsp;&nbsp;&nbsp; 2410060 | &nbsp;&nbsp; 274192526 |
|  |  | &nbsp;&nbsp; 488531074 |
| Food & Staples Retailing – 0.4% |  |  |
| &nbsp;&nbsp;&nbsp; Costco Wholesale Corp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 145052 | &nbsp;&nbsp; 125084142 |
| Health Care Equipment & Supplies – 2.1% |  |  |
| &nbsp;&nbsp;&nbsp; Abbott Laboratories | &nbsp;&nbsp;&nbsp;&nbsp; 1787287 | &nbsp;&nbsp; 223929188 |

---

------

---

| | | |
|:---|:---|:---|
|  | *Shares or*<br> *Principal Amounts*<br>| *Value* |
| Common Stocks – (continued) |  |  |
| Health Care Equipment & Supplies – (continued) |  |  |
| &nbsp;&nbsp;&nbsp; Intuitive Surgical Inc<sup>\*</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 245701 | &nbsp;&nbsp; $139155218 |
| &nbsp;&nbsp;&nbsp; Stryker Corp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 629397 | &nbsp;&nbsp;&nbsp;&nbsp; 221214164 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 584298570 |
| Health Care Providers & Services – 0.4% |  |  |
| &nbsp;&nbsp;&nbsp; HCA Healthcare Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 248631 | &nbsp;&nbsp;&nbsp;&nbsp; 116075869 |
| Hotels, Restaurants & Leisure – 2.2% |  |  |
| &nbsp;&nbsp;&nbsp; Booking Holdings Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 51665 | &nbsp;&nbsp;&nbsp;&nbsp; 276683124 |
| &nbsp;&nbsp;&nbsp; Hilton Worldwide Holdings Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 455259 | &nbsp;&nbsp;&nbsp;&nbsp; 130773148 |
| &nbsp;&nbsp;&nbsp; Royal Caribbean Cruises Ltd | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 760352 | &nbsp;&nbsp;&nbsp;&nbsp; 212077380 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 619533652 |
| Independent Power and Renewable Electricity Producers – 0.2% |  |  |
| &nbsp;&nbsp;&nbsp; Vistra Corp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 423672 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 68351004 |
| Information Technology Services – 0.2% |  |  |
| &nbsp;&nbsp;&nbsp; Accenture PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 175049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 46965647 |
| Insurance – 1.1% |  |  |
| &nbsp;&nbsp;&nbsp; Progressive Corp/The | &nbsp;&nbsp;&nbsp;&nbsp; 1297782 | &nbsp;&nbsp;&nbsp;&nbsp; 295530917 |
| Interactive Media & Services – 6.2% |  |  |
| &nbsp;&nbsp;&nbsp; Alphabet Inc - Class C | &nbsp;&nbsp;&nbsp;&nbsp; 3816683 | &nbsp;&nbsp; 1197675125 |
| &nbsp;&nbsp;&nbsp; Meta Platforms Inc - Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 843738 | &nbsp;&nbsp;&nbsp;&nbsp; 556943017 |
|  |  | &nbsp;&nbsp; 1754618142 |
| Life Sciences Tools & Services – 1.3% |  |  |
| &nbsp;&nbsp;&nbsp; Danaher Corp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 801222 | &nbsp;&nbsp;&nbsp;&nbsp; 183415740 |
| &nbsp;&nbsp;&nbsp; Thermo Fisher Scientific Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 304896 | &nbsp;&nbsp;&nbsp;&nbsp; 176671987 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 360087727 |
| Machinery – 0.4% |  |  |
| &nbsp;&nbsp;&nbsp; Deere & Co | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 244874 | &nbsp;&nbsp;&nbsp;&nbsp; 114005988 |
| Multiline Retail – 3.2% |  |  |
| &nbsp;&nbsp;&nbsp; Amazon.com Inc<sup>\*</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 3892763 | &nbsp;&nbsp;&nbsp;&nbsp; 898527556 |
| Oil, Gas & Consumable Fuels – 0.7% |  |  |
| &nbsp;&nbsp;&nbsp; Chevron Corp | &nbsp;&nbsp;&nbsp;&nbsp; 1285145 | &nbsp;&nbsp;&nbsp;&nbsp; 195868949 |
| Pharmaceuticals – 3.1% |  |  |
| &nbsp;&nbsp;&nbsp; Eli Lilly & Co | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 412032 | &nbsp;&nbsp;&nbsp;&nbsp; 442802550 |
| &nbsp;&nbsp;&nbsp; Johnson & Johnson | &nbsp;&nbsp;&nbsp;&nbsp; 1230373 | &nbsp;&nbsp;&nbsp;&nbsp; 254625692 |
| &nbsp;&nbsp;&nbsp; Zoetis Inc | &nbsp;&nbsp;&nbsp;&nbsp; 1449362 | &nbsp;&nbsp;&nbsp;&nbsp; 182358727 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 879786969 |
| Road & Rail – 1.3% |  |  |
| &nbsp;&nbsp;&nbsp; Uber Technologies Inc<sup>\*</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 2676517 | &nbsp;&nbsp;&nbsp;&nbsp; 218698204 |
| &nbsp;&nbsp;&nbsp; Union Pacific Corp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 587102 | &nbsp;&nbsp;&nbsp;&nbsp; 135808435 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 354506639 |
| Semiconductor & Semiconductor Equipment – 10.3% |  |  |
| &nbsp;&nbsp;&nbsp; Broadcom Inc | &nbsp;&nbsp;&nbsp;&nbsp; 1929019 | &nbsp;&nbsp;&nbsp;&nbsp; 667633476 |
| &nbsp;&nbsp;&nbsp; KLA Corp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 200178 | &nbsp;&nbsp;&nbsp;&nbsp; 243232284 |
| &nbsp;&nbsp;&nbsp; Lam Research Corp | &nbsp;&nbsp;&nbsp;&nbsp; 1578928 | &nbsp;&nbsp;&nbsp;&nbsp; 270280895 |
| &nbsp;&nbsp;&nbsp; NVIDIA Corp | &nbsp;&nbsp;&nbsp;&nbsp; 9366924 | &nbsp;&nbsp; 1746931326 |
|  |  | &nbsp;&nbsp; 2928077981 |
| Software – 7.5% |  |  |
| &nbsp;&nbsp;&nbsp; Adobe Inc<sup>\*</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 341391 | &nbsp;&nbsp;&nbsp;&nbsp; 119483436 |
| &nbsp;&nbsp;&nbsp; Cadence Design Systems Inc<sup>\*</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 399092 | &nbsp;&nbsp;&nbsp;&nbsp; 124748177 |
| &nbsp;&nbsp;&nbsp; Intuit Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 293419 | &nbsp;&nbsp;&nbsp;&nbsp; 194366614 |
| &nbsp;&nbsp;&nbsp; Microsoft Corp | &nbsp;&nbsp;&nbsp;&nbsp; 2913400 | &nbsp;&nbsp; 1408978508 |
| &nbsp;&nbsp;&nbsp; Oracle Corp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 816556 | &nbsp;&nbsp;&nbsp;&nbsp; 159154930 |
| &nbsp;&nbsp;&nbsp; ServiceNow Inc<sup>\*</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 674452 | &nbsp;&nbsp;&nbsp;&nbsp; 103319302 |
|  |  | &nbsp;&nbsp; 2110050967 |
| Specialty Retail – 1.2% |  |  |
| &nbsp;&nbsp;&nbsp; Home Depot Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 584169 | &nbsp;&nbsp;&nbsp;&nbsp; 201012553 |
| &nbsp;&nbsp;&nbsp; TJX Cos Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 899133 | &nbsp;&nbsp;&nbsp;&nbsp; 138115820 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 339128373 |
| Technology Hardware, Storage & Peripherals – 3.5% |  |  |
| &nbsp;&nbsp;&nbsp; Apple Inc | &nbsp;&nbsp;&nbsp;&nbsp; 3394935 | &nbsp;&nbsp;&nbsp;&nbsp; 922947029 |
| &nbsp;&nbsp;&nbsp; Dell Technologies Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 637004 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 80186064 |
|  |  | &nbsp;&nbsp; 1003133093 |
| Textiles, Apparel & Luxury Goods – 0.5% |  |  |
| &nbsp;&nbsp;&nbsp; NIKE Inc - Class B | &nbsp;&nbsp;&nbsp;&nbsp; 2383508 | &nbsp;&nbsp;&nbsp;&nbsp; 151853295 |
| Tobacco – 1.0% |  |  |
| &nbsp;&nbsp;&nbsp; Philip Morris International Inc | &nbsp;&nbsp;&nbsp;&nbsp; 1700447 | &nbsp;&nbsp;&nbsp;&nbsp; 272751699 |
| Total Common Stocks (cost $8,058,349,034) |  | 18260884645 |
| Investment Companies – 1.8% |  |  |
| Money Markets – 1.8% |  |  |
| &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 3.7222%<sup>ºº,</sup><sup>£</sup> (cost $515,167,942) | 515032615 | &nbsp;&nbsp;&nbsp;&nbsp; 515187124 |

---

------

---

| | | |
|:---|:---|:---|
|  | *Shares or*<br> *Principal Amounts*<br>| *Value* |
| Investments Purchased with Cash Collateral from Securities Lending – 0% |  |  |
| Investment Companies – 0% |  |  |
| &nbsp;&nbsp;&nbsp; Janus Henderson Cash Collateral Fund LLC, 3.6894%<sup>ºº,</sup><sup>£</sup> <br>| &nbsp;&nbsp; 4151624 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $4151624 |
| Time Deposits – 0% |  |  |
| &nbsp;&nbsp;&nbsp; Royal Bank of Canada, 3.7000%, 1/2/26 | $1037906 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1037906 |
| Total Investments Purchased with Cash Collateral from Securities Lending (cost $5,189,530) | Total Investments Purchased with Cash Collateral from Securities Lending (cost $5,189,530) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5189530 |
| Total Investments (total cost $18,251,199,833) – 100.6% |  | &nbsp;&nbsp; 28478632866 |
| Liabilities, net of Cash, Receivables and Other Assets – (0.6)% |  | &nbsp;&nbsp;&nbsp;&nbsp; (158131803) |
| Net Assets – 100% |  | $28320501063 |

---

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

---

| | | |
|:---|:---|:---|
| ***Summary of Investments by Country - (Long Positions) (unaudited)*** |  |  |
| *Country* | *Value* | &nbsp;&nbsp; *% of* <br>*Investment* <br>*Securities*<br>|
| United States | $28343417509 | &nbsp;&nbsp;&nbsp;&nbsp; 99.5<br> %<br>|
| France | 50947930 | &nbsp;&nbsp;&nbsp;&nbsp;0.2 |
| Israel | 36605266 | &nbsp;&nbsp;&nbsp;&nbsp;0.1 |
| Canada | 24198768 | &nbsp;&nbsp;&nbsp;&nbsp;0.1 |
| United Kingdom | 12750526 | &nbsp;&nbsp;&nbsp;&nbsp;0.1 |
| Ireland | 10712867 | &nbsp;&nbsp;&nbsp;&nbsp;0.0 |
| Total | $28478632866 | &nbsp;&nbsp;&nbsp;&nbsp; 100.0<br> %<br>|

---

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

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| ***Schedule of Affiliated Investments - (% of Net Assets)*** | ***Schedule of Affiliated Investments - (% of Net Assets)*** | ***Schedule of Affiliated Investments - (% of Net Assets)*** | ***Schedule of Affiliated Investments - (% of Net Assets)*** | ***Schedule of Affiliated Investments - (% of Net Assets)*** | ***Schedule of Affiliated Investments - (% of Net Assets)*** | ***Schedule of Affiliated Investments - (% of Net Assets)*** | ***Schedule of Affiliated Investments - (% of Net Assets)*** | ***Schedule of Affiliated Investments - (% of Net Assets)*** |
| *Affiliate* | *Affiliated* <br>*Investments,* <br>*at Value at* <br>*9/30/25*<br>| *Purchases* | *Sales* <br>*Proceeds*<br>| *Realized* <br>*Gain/(Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation/* <br>*Depreciation*<br>| *Affiliated* <br>*Investments,* <br>*at Value at* <br>*12/31/25*<br>| *Ending* <br>*Shares*<br>| *Dividend* <br>*Income*<br>|
| Investment Companies - 1.8% | Investment Companies - 1.8% | Investment Companies - 1.8% | Investment Companies - 1.8% | Investment Companies - 1.8% | Investment Companies - 1.8% | Investment Companies - 1.8% | Investment Companies - 1.8% | Investment Companies - 1.8% |
| Money Markets - 1.8% | Money Markets - 1.8% | Money Markets - 1.8% | Money Markets - 1.8% | Money Markets - 1.8% | Money Markets - 1.8% | Money Markets - 1.8% | Money Markets - 1.8% | Money Markets - 1.8% |
| &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 3.7222%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 3.7222%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 3.7222%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 3.7222%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 3.7222%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 3.7222%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 3.7222%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 3.7222%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 3.7222%<sup>ºº</sup>  |
|  | &nbsp;&nbsp; $498324627 | &nbsp;&nbsp; $1075907695 | &nbsp;&nbsp; $(1059062230) | &nbsp;&nbsp; $2330 | &nbsp;&nbsp; $14702 | &nbsp;&nbsp; $515187124 | &nbsp;&nbsp; 515032615 | &nbsp;&nbsp; $4784714 |
| Investments Purchased with Cash Collateral from Securities Lending - 0% | Investments Purchased with Cash Collateral from Securities Lending - 0% | Investments Purchased with Cash Collateral from Securities Lending - 0% | Investments Purchased with Cash Collateral from Securities Lending - 0% | Investments Purchased with Cash Collateral from Securities Lending - 0% | Investments Purchased with Cash Collateral from Securities Lending - 0% | Investments Purchased with Cash Collateral from Securities Lending - 0% | Investments Purchased with Cash Collateral from Securities Lending - 0% | Investments Purchased with Cash Collateral from Securities Lending - 0% |
| Investment Companies - 0% | Investment Companies - 0% | Investment Companies - 0% | Investment Companies - 0% | Investment Companies - 0% | Investment Companies - 0% | Investment Companies - 0% | Investment Companies - 0% | Investment Companies - 0% |
| &nbsp;&nbsp;&nbsp; Janus Henderson Cash Collateral Fund LLC, 3.6894%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Collateral Fund LLC, 3.6894%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Collateral Fund LLC, 3.6894%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Collateral Fund LLC, 3.6894%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Collateral Fund LLC, 3.6894%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Collateral Fund LLC, 3.6894%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Collateral Fund LLC, 3.6894%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Collateral Fund LLC, 3.6894%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Collateral Fund LLC, 3.6894%<sup>ºº</sup>  |
|  | &nbsp;&nbsp; 8318846 | &nbsp;&nbsp; 2052319537 | &nbsp;&nbsp; (2056486759) | &nbsp;&nbsp; - | &nbsp;&nbsp; - | &nbsp;&nbsp; 4151624 | &nbsp;&nbsp; 4151624 | &nbsp;&nbsp; 80233 <br><sup>∆</sup><br>|
| Total Affiliated Investments - 1.8% | Total Affiliated Investments - 1.8% | Total Affiliated Investments - 1.8% | Total Affiliated Investments - 1.8% | Total Affiliated Investments - 1.8% | Total Affiliated Investments - 1.8% | Total Affiliated Investments - 1.8% | Total Affiliated Investments - 1.8% | Total Affiliated Investments - 1.8% |
|  | &nbsp;&nbsp; $506643473 | &nbsp;&nbsp; $3128227232 | &nbsp;&nbsp; $(3115548989) | &nbsp;&nbsp; $2330 | &nbsp;&nbsp; $14702 | &nbsp;&nbsp; $519338748 | &nbsp;&nbsp; 519184239 | &nbsp;&nbsp; $4864947 |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| ***Schedule of Futures*** | ***Schedule of Futures*** | ***Schedule of Futures*** | ***Schedule of Futures*** | ***Schedule of Futures*** |
| *Description* | *Number of* <br>*Contracts*<br>| &nbsp;&nbsp; *Expiration* <br>*Date*<br>| &nbsp;&nbsp; *Notional* <br>*Amount*<br>| &nbsp;&nbsp; *Value and* <br>*Unrealized* <br>*Appreciation/(Depreciation)*<br>|
| *Futures Long:* |  |  |  |  |
| 2 Year US Treasury Note | 11516 | &nbsp;&nbsp;&nbsp; 4/3/26 | &nbsp;&nbsp;&nbsp; $2404414838 | &nbsp;&nbsp;&nbsp; $(1551748) |
| 5 Year US Treasury Note | 11696 | &nbsp;&nbsp;&nbsp; 4/3/26 | &nbsp;&nbsp;&nbsp; 1278427631 | &nbsp;&nbsp;&nbsp; (5299574) |
| Ultra Long Term US Treasury Bond | 1385 | &nbsp;&nbsp;&nbsp; 3/31/26 | &nbsp;&nbsp;&nbsp; 163430000 | &nbsp;&nbsp;&nbsp; (3006007) |
| US Treasury Long Bond | 5012 | &nbsp;&nbsp;&nbsp; 3/31/26 | &nbsp;&nbsp;&nbsp; 579355875 | &nbsp;&nbsp;&nbsp; (8951753) |
| Total - Futures Long |  |  |  | &nbsp;&nbsp;&nbsp; (18809082) |
| *Futures Short:* |  |  |  |  |
| 10 Year US Treasury Note | 2337 | &nbsp;&nbsp;&nbsp; 3/31/26 | &nbsp;&nbsp;&nbsp; (262766438) | &nbsp;&nbsp;&nbsp; 2056770 |
| Ultra 10 Year Treasury Note | 4435 | &nbsp;&nbsp;&nbsp; 3/31/26 | &nbsp;&nbsp;&nbsp; (510094297) | &nbsp;&nbsp;&nbsp; 3197737 |
| Total - Futures Short |  |  |  | &nbsp;&nbsp;&nbsp; 5254507 |
| Total |  |  |  | &nbsp;&nbsp;&nbsp; $(13554575) |

---

------

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

---

| | |
|:---|:---|
| **Average Ending Monthly Value of Derivative Instruments During the Period Ended December 31, 2025** | **Average Ending Monthly Value of Derivative Instruments During the Period Ended December 31, 2025** |
| Credit default swaps: |  |
| Average notional amount - buy protection | $285000000 |
| Futures contracts: |  |
| Average notional amount of contracts - long | 4595799193 |
| Average notional amount of contracts - short | 748720793 |

---

------

**Notes to Schedule of Investments (unaudited)** 

---

| | |
|:---|:---|
| IBOR | Interbank Offered Rate |
| LLC | Limited Liability Company |
| LP | Limited Partnership |
| PLC | Public Limited Company |
| SOFR | Secured Overnight Financing Rate |
| TBA | &nbsp;&nbsp; (To Be Announced) Securities are purchased/sold on a forward commitment basis with an approximate <br> principal amount and no defined maturity date. The actual principal and maturity date will be determined upon <br> settlement when specific mortgage pools are assigned.<br>|

---

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

---

| |
|:---|
| &nbsp;&nbsp; Securities sold under Rule 144A of the Securities Act of 1933, as amended, are subject to legal and/or contractual restrictions on resale <br> and may not be publicly sold without registration under the 1933 Act. Unless otherwise noted, these securities have been determined to be <br> liquid under guidelines established by the Board of Trustees. The total value of 144A securities as of the period ended December 31, 2025 <br> is $3,972,751,169, which represents 14.0% of net assets.<br>|
| Non-income producing security. |
| &nbsp;&nbsp; All or a portion of this position is not funded, or has been purchased on a delayed delivery or when-issued basis. If applicable, interest rates <br> will be determined and interest will begin to accrue at a future date.<br>|
| &nbsp;&nbsp; Variable or floating rate security. Rate shown is the current rate as of December 31, 2025. Certain variable rate securities are not based on <br> a published reference rate and spread; they are determined by the issuer or agent and current market conditions. Reference rate is as <br> of reset date and may vary by security, which may not indicate a reference rate and/or spread in their description.<br>|
| Rate shown is the 7-day yield as of December 31, 2025. |
| Loaned security; a portion of the security is on loan at December 31, 2025. |
| &nbsp;&nbsp; Perpetual security. Perpetual securities have no stated maturity date, but they may be called/redeemed by the issuer. The date indicated, if <br> any, represents the next call date.<br>|
| &nbsp;&nbsp; Step bond. The coupon rate will increase or decrease periodically based upon a predetermined schedule. The rate shown reflects the <br> current rate.<br>|
| £&nbsp;&nbsp; The Fund may invest in certain securities that are considered affiliated companies. As defined by the Investment Company Act of 1940, as <br> amended, an affiliated company is one in which the Fund owns 5% or more of the outstanding voting securities, or a company which is <br> under common ownership or control.<br>|
| Net of income paid to the securities lending agent and rebates paid to the borrowing counterparties. |
| Schedule of Restricted Securities (as of December 31, 2025) |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Acquisition* <br>*Date*<br>| *Cost* | *Value* | &nbsp;&nbsp; *Value as a* <br>*% of Net* <br>*Assets*<br>|
| Oasis Securitization 2024-1A A, 5.8800%, 9/30/38 | 09/24/24 | &nbsp;&nbsp;&nbsp; $4806294 | $4808893 | &nbsp;&nbsp;&nbsp;&nbsp; 0.0<br> %<br>|

---

The Fund has registration rights for certain restricted securities held as of December 31, 2025. The issuer incurs all registration costs.

------

The following is a summary of the inputs that were used to value the Fund's investments in securities and other financial

instruments as of December 31, 2025.

---

| | | | |
|:---|:---|:---|:---|
| **Valuation Inputs Summary** | **Valuation Inputs Summary** | **Valuation Inputs Summary** | **Valuation Inputs Summary** |
|  | ***Level 1 -*** <br>***Quoted Prices***<br>| &nbsp;&nbsp; ***Level 2 -*** <br>***Other Significant*** <br>***Observable Inputs***<br>| &nbsp;&nbsp; ***Level 3 -*** <br>***Significant*** <br>***Unobservable Inputs***<br>|
| **Assets** |  |  |  |
| **Investments In Securities:** |  |  |  |
| *Asset-Backed/Commercial Mortgage-Backed Securities* | $- | &nbsp;&nbsp;&nbsp; $3080219732 | &nbsp;&nbsp;&nbsp; $- |
| *Bank Loans and Mezzanine Loans* | - | &nbsp;&nbsp;&nbsp; 233412964 | &nbsp;&nbsp;&nbsp; - |
| *Corporate Bonds* | - | &nbsp;&nbsp;&nbsp; 2484846384 | &nbsp;&nbsp;&nbsp; - |
| *Mortgage-Backed Securities* | - | &nbsp;&nbsp;&nbsp; 1867982935 | &nbsp;&nbsp;&nbsp; - |
| *United States Treasury Notes/Bonds* | - | &nbsp;&nbsp;&nbsp; 2030909552 | &nbsp;&nbsp;&nbsp; - |
| *Common Stocks* | 18260884645 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - |
| *Investment Companies* | - | &nbsp;&nbsp;&nbsp; 515187124 | &nbsp;&nbsp;&nbsp; - |
| *Investments Purchased with Cash Collateral from Securities Lending* | - | &nbsp;&nbsp;&nbsp; 5189530 | &nbsp;&nbsp;&nbsp; - |
| Total Investments in Securities | $18260884645 | &nbsp;&nbsp;&nbsp; $10217748221 | &nbsp;&nbsp;&nbsp; $- |
| **Other Financial Instruments**<sup>(a)</sup>**:** |  |  |  |
| *Futures Contracts* | 5254507 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - |
| **Total Assets** | $18266139152 | &nbsp;&nbsp;&nbsp; $10217748221 | &nbsp;&nbsp;&nbsp; $- |
| **Liabilities** |  |  |  |
| **Other Financial Instruments**<sup>(a)</sup>**:** |  |  |  |
| *Futures Contracts* | $18809082 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) Other financial instruments may include forward foreign currency exchange contracts,
 futures, written options, written swaptions, and swap contracts. Forward foreign currency exchange contracts, futures contracts, and centrally
 cleared swap contracts are reported at their unrealized appreciation/(depreciation) at measurement date, which represents the change in the
 contract's value from trade date. Written options, written swaptions, and OTC swaps are reported at their market value at measurement date.

------

**Investment Valuation**

Fund holdings are valued in accordance with policies and procedures established by the Adviser pursuant to Rule 2a-5 under the 1940 Act and approved by and subject to the oversight of the Trustees (the "Valuation Procedures"). Equity securities traded on a domestic securities exchange are generally valued at readily available market quotations, which are (i) the official close prices or (ii) last sale prices on the primary market or exchange in which the securities trade. If such price is lacking for the trading period immediately preceding the time of determination, such securities are generally valued at their current bid price. Equity securities that are traded on a foreign exchange are generally valued at the closing prices on such markets. In the event that there is no current trading volume on a particular security in such foreign exchange, the bid price from the primary exchange is generally used to value the security. Foreign securities and currencies are converted to U.S. dollars using the current spot USD dollar exchange rate in effect at the close of the New York Stock Exchange ("NYSE"). The Adviser will determine the market value of individual securities held by it by using prices provided by one or more Adviser-approved professional pricing services or, as needed, by obtaining market quotations from independent broker-dealers. Most debt securities are valued in accordance with the evaluated bid price supplied by the pricing service that is intended to reflect market value. The evaluated bid price supplied by the pricing service is an evaluation that may consider factors such as security prices, yields, maturities, and ratings. Certain short-term securities maturing within 60 days or less may be evaluated and valued on an amortized cost basis provided that the amortized cost determined approximates market value. Securities for which market quotations or evaluated prices are not readily available or deemed unreliable are valued at fair value determined in good faith by the Adviser pursuant to the Valuation Procedures. Circumstances in which fair valuation may be utilized include, but are not limited to: (i) a significant event that may affect the securities of a single issuer, such as a merger, bankruptcy, or significant issuer-specific development; (ii) an event that may affect an entire market, such as a natural disaster or significant governmental action; (iii) a nonsignificant event such as a market closing early or not opening, or a security trading halt; and (iv) pricing of a non-valued security and a restricted or nonpublic security. Special valuation considerations may apply with respect to "odd-lot" fixed-income transactions which, due to their small size, may receive evaluated prices by pricing services which reflect a large block trade and not what actually could be obtained for the odd-lot position. The value of the securities of other mutual funds held by the Fund, if any, will be calculated using the NAV of such mutual funds, and the prospectuses for such mutual funds explain the circumstances under which they use fair valuation and the effects of using fair valuation. The value of the securities of any cash management pooled investment vehicles that

operate as money market funds held by the Fund, if any, will be calculated using the NAV of such funds.

**Valuation Inputs Summary**

FASB ASC 820, *Fair Value Measurements and Disclosures* ("ASC 820"), defines fair value, establishes a framework for measuring fair value, and expands disclosure requirements regarding fair value measurements. This standard emphasizes that fair value is a market-based measurement that should be determined based on the assumptions that market participants would use in pricing an asset or liability and establishes a hierarchy that prioritizes inputs to valuation techniques used to measure fair value. These inputs are summarized into three broad levels:

Level 1 – Unadjusted quoted prices in active markets the Fund has the ability to access for identical assets or liabilities.

Level 2 – Observable inputs other than unadjusted quoted prices included in Level 1 that are observable for the asset or liability either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default

rates and similar data.

Assets or liabilities categorized as Level 2 in the hierarchy generally include: debt securities fair valued in accordance with the evaluated bid or ask prices supplied by a pricing service; securities traded on OTC markets and listed securities for which no sales are reported that are fair valued at the latest bid price (or yield equivalent thereof) obtained from one or more dealers transacting in a market for such securities or by a pricing service approved by the Fund's Trustees; certain short-term debt securities with maturities of 60 days or less that are fair valued at amortized cost; and equity securities of foreign issuers whose fair value is determined by using systematic fair valuation models provided by independent third parties in order to adjust for stale pricing which may occur between the close of certain foreign exchanges and the close of the NYSE. Other securities that may be categorized as Level 2 in the hierarchy include, but are not limited to, preferred stocks, bank loans, swaps,

investments in unregistered investment companies, options, and forward contracts.

Level 3 – Unobservable inputs for the asset or liability to the extent that relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions that a market participant would use in valuing the asset or liability, and that would be based on the best information available.

There have been no significant changes in valuation techniques used in valuing any such positions held by the Fund since the beginning of the fiscal period.

------

The inputs or methodology used for fair valuing securities are not necessarily an indication of the risk associated with investing in those securities. The summary of inputs used as of December 31, 2025 to fair value the Fund's investments in securities and other financial instruments is included in the "Valuation Inputs Summary" in the Notes to Schedule of Investments.

------

For additional information on the Fund, please refer to the Fund's most recent semiannual or annual financial

statements.

125-25-70212 02-26

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** JANUS INVESTMENT FUND

- **b. Investment Company Act file number:** 811-01879

- **c. CIK number of Registrant:** 0000277751

- **d. LEI of Registrant:** W6UYDZFUOFJ4HQQ32382

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

  - **Street Address 1:** 151 Detroit Street

  - **City:** Denver

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80206

  - **Telephone number:** 303-333-3863

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

- **a. Name of Series:** Janus Henderson Balanced Fund

- **b. EDGAR series identifier (if any):** S000010464

- **c. LEI of Series:** XRAF81JTHJNG7YJEPJ53

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

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $28575018759.63

**Total Liabilities:** $254517696.35

**Net Assets:** $28320501063.28

**Delayed Delivery Securities:** $20668397.19

**Cash Not Reported:** $42962615.56

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -16791.666651859690 | **1-Year:** -390121.024355971500 | **5-Year:** -1731894.329195458200 | **10-Year:** -1912199.107952259200 | **30-Year:** -768835.281909413900

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

- **3-Month:** -3650.694730214425 | **1-Year:** -101272.864738551550 | **5-Year:** -235157.612546335440 | **10-Year:** -134050.471622880080 | **30-Year:** -10038.962978754193

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000028918 | 1.67%                | 0.17%                | -0.20%               |
| Class ID C000077650 | 1.67%                | 0.15%                | -0.20%               |
| Class ID C000077651 | 1.60%                | 0.12%                | -0.28%               |
| Class ID C000077652 | 1.68%                | 0.19%                | -0.20%               |
| Class ID C000077653 | 1.63%                | 0.12%                | -0.23%               |
| Class ID C000077654 | 1.63%                | 0.15%                | -0.22%               |
| Class ID C000083512 | 1.68%                | 0.19%                | -0.20%               |
| Class ID C000114869 | 1.69%                | 0.19%                | -0.17%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $318896573.00            | $111782759.00                              |
| Month 2  | $41180565.00             | $-33534146.00                              |
| Month 3  | $335531792.00            | $-416796377.00                             |

**Designated Index Information**

- **Index Name:** 60% SP 500 Composite/ 40% Bloomberg U.S. Aggregate

- **Index Identifier:** IX08BM

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Abbott Laboratories                                                                              | Abbott Laboratories COM NPV                                                                                                                            | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |   1785517 | NS      | $223707424.93  | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc.                                                                                      | AbbVie Inc. COM USD0.01                                                                                                                                | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |    937578 | NS      | $214227197.22  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| A&D MORTGAGE TRUST 2025-NQM4                                                                     | ADMT 2025-NQM4 A1                                                                                                                                      | CUSIP: 002941AA0<br>LEI: 9845006Y6D399D9E8O78 | Long             | ABS-O            | CORP              | US        |   7546309 | PA      | $7566004.33    | 0.03%             | 2070-10-25      | Variable      | 5.22%                 | Yes           |                  2 | On Loan: No      |
| ALA TRUST 2025-OANA                                                                              | ALA 2025-OANA A                                                                                                                                        | CUSIP: 009920AA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  40760000 | PA      | $40876582.86   | 0.14%             | 2040-06-15      | Variable      | 5.49%                 | Yes           |                  2 | On Loan: No      |
| Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC / (Albertsons Safeway LLC) | ACI 6.5 02/15/28 144A                                                                                                                                  | CUSIP: 01309QAA6<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |  14308000 | PA      | $14614417.84   | 0.05%             | 2028-02-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Alpha Generation LLC                                                                             | Alpha Generation LLC Term Loan B 275 2031-09-08                                                                                                        | CUSIP: 02072UAC6<br>LEI: 254900K5V62L4YGVKF49 | Long             | LON              | CORP              | US        |  14855940 | PA      | $14894565.44   | 0.05%             | 2031-09-30      | Floating      | 5.72%                 | No            |                  2 | On Loan: No      |
| Alpha Generation LLC                                                                             | ALPGEN 6.25 01/15/34 144A                                                                                                                              | CUSIP: 02073LAC5<br>LEI: 254900K5V62L4YGVKF49 | Long             | DBT              | CORP              | US        |  27956000 | PA      | $28206961.01   | 0.10%             | 2034-01-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Alphabet Inc.                                                                                    | Alphabet Inc. CAP USD0.001 CL C                                                                                                                        | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |   3812904 | NS      | $1196489275.20 | 4.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                                                                                 | Amazon.com, Inc. COM USD0.01                                                                                                                           | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |   3888909 | NS      | $897637975.38  | 3.17%             |  |  |  | No            |                  1 | On Loan: No      |
| American Electric Power Co, Inc.                                                                 | AEP V5.8 03/15/56 C                                                                                                                                    | CUSIP: 02557TAE9<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |  10674000 | PA      | $10596724.94   | 0.04%             | 2056-03-15      | Variable      | 5.80%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co, Inc.                                                                 | AEP V6.05 03/15/56 D                                                                                                                                   | CUSIP: 02557TAF6<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |   8539000 | PA      | $8389823.24    | 0.03%             | 2056-03-15      | Variable      | 6.05%                 | No            |                  2 | On Loan: No      |
| 2023-MIC TRUST/THE                                                                               | THE 2023-MIC A                                                                                                                                         | CUSIP: 87256GAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  14644028 | PA      | $15819479.37   | 0.06%             | 2038-12-05      | Variable      | 8.44%                 | Yes           |                  2 | On Loan: No      |
| 280 Park Avenue Trust                                                                            | PRK 2017-280P A                                                                                                                                        | CUSIP: 90205FAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  11417538 | PA      | $11329663.28   | 0.04%             | 2034-09-15      | Variable      | 4.96%                 | Yes           |                  2 | On Loan: No      |
| AGL CLO I Ltd.                                                                                   | AGL 2023-26A A1R                                                                                                                                       | CUSIP: 00852HAL5<br>LEI: 5493005XHETQNZF9TM25 | Long             | ABS-O            | CORP              | JE        |  39500000 | PA      | $39610919.95   | 0.14%             | 2038-10-21      | Variable      | 5.15%                 | Yes           |                  2 | On Loan: No      |
| Meta Platforms Inc                                                                               | Meta Platforms Inc COM USD0.000006 CL 'A'                                                                                                              | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |    842903 | NS      | $556391841.27  | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL Holdings Inc.                                                                                | LPLA 5.65 03/15/35                                                                                                                                     | CUSIP: 50212YAM6<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |  14248000 | PA      | $14604211.40   | 0.05%             | 2035-03-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| LPL Holdings Inc.                                                                                | LPLA 5.15 06/15/30                                                                                                                                     | CUSIP: 50212YAP9<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |  13703000 | PA      | $13974511.79   | 0.05%             | 2030-06-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| LPL Holdings Inc.                                                                                | LPLA 5.75 06/15/35                                                                                                                                     | CUSIP: 50212YAQ7<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |  16998000 | PA      | $17490108.76   | 0.06%             | 2035-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| LENDBUZZ SECURITIZATION TRUST                                                                    | LBZZ 2023-1A A2                                                                                                                                        | CUSIP: 52608LAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1992306 | PA      | $2011669.35    | 0.01%             | 2028-08-15      | Fixed         | 6.92%                 | Yes           |                  2 | On Loan: No      |
| LEX 2024-BBG MORTGAGE TRUST                                                                      | LEX 2024-BBG A                                                                                                                                         | CUSIP: 52885AAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6407000 | PA      | $6448043.30    | 0.02%             | 2033-10-13      | Variable      | 4.87%                 | Yes           |                  2 | On Loan: No      |
| LIFE FINANCIAL SERVICES TRUST                                                                    | LIFE 2021-BMR C                                                                                                                                        | CUSIP: 53218CAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1642688 | PA      | $1635924.54    | 0.01%             | 2038-03-15      | Variable      | 4.96%                 | Yes           |                  2 | On Loan: No      |
| LIFE FINANCIAL SERVICES TRUST                                                                    | LIFE 2022-BMR2 A1                                                                                                                                      | CUSIP: 53218DAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  36759000 | PA      | $35367327.08   | 0.12%             | 2039-05-16      | Variable      | 5.05%                 | Yes           |                  2 | On Loan: No      |
| LIFE FINANCIAL SERVICES TRUST                                                                    | LIFE 2022-BMR2 B                                                                                                                                       | CUSIP: 53218DAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6155000 | PA      | $5535817.89    | 0.02%             | 2039-05-16      | Variable      | 5.54%                 | Yes           |                  2 | On Loan: No      |
| M&T EQUIPTMENT 2023-LEAF1 LLC                                                                    | MTLRF 2023-1A A3                                                                                                                                       | CUSIP: 551925AB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2687252 | PA      | $2703041.59    | 0.01%             | 2030-07-15      | Fixed         | 5.74%                 | Yes           |                  2 | On Loan: No      |
| Marvell Technology Inc                                                                           | MRVL 1.65 04/15/26                                                                                                                                     | CUSIP: 573874AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  13225000 | PA      | $13135442.15   | 0.05%             | 2026-04-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| MasterCard Incorporated                                                                          | MasterCard Incorporated COM USD0.0001 CLASS A                                                                                                          | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |    892287 | NS      | $509388802.56  | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Medline Industries                                                                               | Medline Industries Term Loan B (Incremental) 200 2030-10-01                                                                                            | CUSIP: 58503UAJ2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  23108028 | PA      | $23182666.57   | 0.08%             | 2030-10-23      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp.                                                                                  | Microsoft Corp. COM USD0.00000625                                                                                                                      | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |   2910516 | NS      | $1407583747.92 | 4.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Moodys Corp.                                                                                     | Moodys Corp. COM USD0.01                                                                                                                               | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |    266182 | NS      | $135979074.70  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal National Mortgage Association                                                            | CAS 2022-R05 2M2                                                                                                                                       | CUSIP: 20754DAB3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   9001000 | PA      | $9198097.54    | 0.03%             | 2042-04-25      | Variable      | 6.87%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QA5622                                                                                                                                              | CUSIP: 3133A0G73<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    647554 | PA      | $581030.03     | 0.00%             | 2049-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Adobe Inc                                                                                        | Adobe Inc COM USD0.0001                                                                                                                                | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |    341053 | NS      | $119365139.47  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Company                                                                         | American Express Company COM USD0.20                                                                                                                   | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |   1002970 | NS      | $371048751.50  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal National Mortgage Association                                                            | FR QA8274                                                                                                                                              | CUSIP: 3133A3FP8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    565312 | PA      | $525717.19     | 0.00%             | 2050-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QB1708                                                                                                                                              | CUSIP: 3133A73R8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    803365 | PA      | $697855.01     | 0.00%             | 2050-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| A&D MORTGAGE TRUST 2023-NQM2                                                                     | ADMT 2024-NQM5 A1                                                                                                                                      | CUSIP: 00039KAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8001336 | PA      | $8055539.23    | 0.03%             | 2069-11-25      | Fixed         | 5.70%                 | Yes           |                  2 | On Loan: No      |
| Asurion LLC / Asurion Co-Issuer Inc.                                                             | ASUCOR 8 12/31/32 144A                                                                                                                                 | CUSIP: 045941AA9<br>LEI: 549300KNQVXGIOXWK278 | Long             | DBT              | CORP              | US        |  15976000 | PA      | $16576880.05   | 0.06%             | 2032-12-31      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Athene Global Funding                                                                            | ATH 2.646 10/04/31 144A                                                                                                                                | CUSIP: 04685A3E9<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |  17357000 | PA      | $15348638.54   | 0.05%             | 2031-10-04      | Fixed         | 2.65%                 | Yes           |                  2 | On Loan: No      |
| Atlas Warehouse Lending Co. LP                                                                   | ATWALD 4.625 11/15/28                                                                                                                                  | CUSIP: 049463AF9<br>LEI: 25490068J12A1HV7YM70 | Long             | DBT              | CORP              | US        |   6110000 | PA      | $6132930.89    | 0.02%             | 2028-11-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                              | US T-NOTE 5YR                                                                                                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |     11696 | NC      | $-5299574.56   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                                              | US T-NOTE 2YR                                                                                                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |     11516 | NC      | $-1551747.70   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc.                                                                                       | Amgen Inc. COM USD0.0001                                                                                                                               | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |    426967 | NS      | $139750568.77  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corporation                                                                             | Amphenol Corporation CL'A'COM USD0.001                                                                                                                 | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |   1873169 | NS      | $253140058.66  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 MA5930                                                                                                                                              | CUSIP: 36179UST0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  34506634 | PA      | $32015248.76   | 0.11%             | 2049-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 MA7255                                                                                                                                              | CUSIP: 36179WBY3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  33518978 | PA      | $28954298.29   | 0.10%             | 2051-03-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | CAS 2023-R07 2M1                                                                                                                                       | CUSIP: 20753BAA0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2200773 | PA      | $2209455.90    | 0.01%             | 2043-09-25      | Variable      | 5.82%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | CAS 2025-R05 2M1                                                                                                                                       | CUSIP: 20753CAB6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   9129689 | PA      | $9134913.82    | 0.03%             | 2045-07-25      | Variable      | 5.07%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                              | US T-NOTE 10YR                                                                                                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |     -2337 | NC      | $2056770.33    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                                              | US T-BOND ULTRA                                                                                                                                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |      1385 | NC      | $-3006006.77   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Atlas Warehouse Lending Co. LP                                                                   | ATWALD 4.95 11/15/30                                                                                                                                   | CUSIP: 049463AG7<br>LEI: 25490068J12A1HV7YM70 | Long             | DBT              | CORP              | US        |   9657000 | PA      | $9689093.69    | 0.03%             | 2030-11-15      | Fixed         | 4.95%                 | Yes           |                  2 | On Loan: No      |
| CME Group Inc.                                                                                   | CME Group Inc. COM USD0.01                                                                                                                             | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |    681978 | NS      | $186234552.24  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2020-Hqa2                                                          | FR QB2976                                                                                                                                              | CUSIP: 3133A9JV8<br>LEI: 5493000ITBJ4KEFYWF83 | Long             | ABS-MBS          | USGSE             | US        |    360766 | PA      | $313272.87     | 0.00%             | 2050-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2020-Hqa2                                                          | FR QB3353                                                                                                                                              | CUSIP: 3133A9WN1<br>LEI: 5493000ITBJ4KEFYWF83 | Long             | ABS-MBS          | USGSE             | US        |   1569794 | PA      | $1362651.74    | 0.00%             | 2050-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                                                                         | AOMT 2019-5 A1                                                                                                                                         | CUSIP: 03464KAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    332334 | PA      | $329218.72     | 0.00%             | 2049-10-25      | Variable      | 2.59%                 | Yes           |                  2 | On Loan: No      |
| Aon North America Inc.                                                                           | AON 5.45 03/01/34                                                                                                                                      | CUSIP: 03740MAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  45231000 | PA      | $47004760.80   | 0.17%             | 2034-03-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QC5848                                                                                                                                              | CUSIP: 3133AQP92<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  40364760 | PA      | $34583954.92   | 0.12%             | 2051-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QD4842                                                                                                                                              | CUSIP: 3133B2LX5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2190357 | PA      | $1888114.94    | 0.01%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QD6087                                                                                                                                              | CUSIP: 3133B3XQ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3510857 | PA      | $3027489.22    | 0.01%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QD7069                                                                                                                                              | CUSIP: 3133B42A2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5437294 | PA      | $4677902.63    | 0.02%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Coopr Residential Mortgage Trust 2025 CES4                                                       | COOPR 2025-CES4 A1A                                                                                                                                    | CUSIP: 12636SAA3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | CORP              | US        |   5139058 | PA      | $5144040.18    | 0.02%             | 2060-11-25      | Variable      | 5.04%                 | Yes           |                  2 | On Loan: No      |
| CVS Health Corp                                                                                  | CVS 4.78 03/25/38                                                                                                                                      | CUSIP: 126650CY4<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |  32715000 | PA      | $30880069.96   | 0.11%             | 2038-03-25      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                                  | CVS 5.25 02/21/33                                                                                                                                      | CUSIP: 126650DU1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   2870000 | PA      | $2954897.15    | 0.01%             | 2033-02-21      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                                  | CVS 5.7 06/01/34                                                                                                                                       | CUSIP: 126650ED8<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |  14746000 | PA      | $15452578.92   | 0.05%             | 2034-06-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 MA7313                                                                                                                                              | CUSIP: 36179WDS4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  22735750 | PA      | $20479970.06   | 0.07%             | 2051-04-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 MA7473                                                                                                                                              | CUSIP: 36179WJS8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  18296363 | PA      | $16476798.80   | 0.06%             | 2051-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Apple Inc.                                                                                       | Apple Inc. COM USD0.00001                                                                                                                              | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |   3391574 | NS      | $922033307.64  | 3.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Applovin Corp.                                                                                   | APP 5.375 12/01/31                                                                                                                                     | CUSIP: 03831WAC2<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | DBT              | CORP              | US        |  18923000 | PA      | $19622581.61   | 0.07%             | 2031-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                                  | CVS 5 09/15/32                                                                                                                                         | CUSIP: 126650EJ5<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   8260000 | PA      | $8430739.49    | 0.03%             | 2032-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                                  | CVS 5.45 09/15/35                                                                                                                                      | CUSIP: 126650EK2<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |  14687000 | PA      | $15033765.94   | 0.05%             | 2035-09-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QD6554                                                                                                                                              | CUSIP: 3133B4H73<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2739512 | PA      | $2454864.53    | 0.01%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QD6555                                                                                                                                              | CUSIP: 3133B4H81<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1886679 | PA      | $1696022.29    | 0.01%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Applovin Corp.                                                                                   | APP 5.5 12/01/34                                                                                                                                       | CUSIP: 03831WAD0<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | DBT              | CORP              | US        |  22083000 | PA      | $22689215.89   | 0.08%             | 2034-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CF HIPPOLYTA ISSUER LLC                                                                          | SORT 2020-1 A1                                                                                                                                         | CUSIP: 12530MAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8486923 | PA      | $7146614.01    | 0.03%             | 2060-07-15      | Fixed         | 1.69%                 | Yes           |                  2 | On Loan: No      |
| CVS Health Corp                                                                                  | CVS 6.2 09/15/55                                                                                                                                       | CUSIP: 126650EL0<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   8502000 | PA      | $8632427.82    | 0.03%             | 2055-09-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | COOPR 2025-CES2 A1A                                                                                                                                    | CUSIP: 12674UAA1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5811167 | PA      | $5859564.56    | 0.02%             | 2060-06-25      | Variable      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| CF HIPPOLYTA ISSUER LLC                                                                          | SORT 2020-1 B1                                                                                                                                         | CUSIP: 12530MAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    818501 | PA      | $508624.74     | 0.00%             | 2060-07-15      | Fixed         | 2.28%                 | Yes           |                  2 | On Loan: No      |
| CF HIPPOLYTA ISSUER LLC                                                                          | SORT 2021-1A A1                                                                                                                                        | CUSIP: 12530MAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  15680756 | PA      | $12629837.40   | 0.04%             | 2061-03-15      | Fixed         | 1.53%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 MA7535                                                                                                                                              | CUSIP: 36179WLQ9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  41541324 | PA      | $37406845.57   | 0.13%             | 2051-08-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 BB9814                                                                                                                                              | CUSIP: 3617B13X9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    152830 | PA      | $147061.65     | 0.00%             | 2047-08-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chevron Corp.                                                                                    | Chevron Corp. COM USD0.75                                                                                                                              | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1283872 | NS      | $195674931.52  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc.                                                                                   | Citigroup Inc. DEPOSITARY SHARES, EACH REPRESENTING A 1/25TH INTEREST IN A SHARE OF PERPETUAL 6.625% FIXED RATE RESET NONCUMULATIVE PREFERRED STOCK SE | CUSIP: 172967259<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  13540000 | PA      | $13748922.20   | 0.05%             | 2099-12-31      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                                   | C V3.887 01/10/28                                                                                                                                      | CUSIP: 172967LD1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  36115000 | PA      | $36046117.50   | 0.13%             | 2028-01-10      | Variable      | 3.89%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                                   | C V5.827 02/13/35                                                                                                                                      | CUSIP: 172967PG0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  50084000 | PA      | $52047760.58   | 0.18%             | 2035-02-13      | Variable      | 5.83%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                                   | C V4.503 09/11/31                                                                                                                                      | CUSIP: 172967QF1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   9685000 | PA      | $9714972.94    | 0.03%             | 2031-09-11      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                                   | C V5.174 09/11/36                                                                                                                                      | CUSIP: 172967QH7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   8338000 | PA      | $8415937.95    | 0.03%             | 2036-09-11      | Variable      | 5.17%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QD8288                                                                                                                                              | CUSIP: 3133B6F54<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    899406 | PA      | $772812.66     | 0.00%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QD9191                                                                                                                                              | CUSIP: 3133B7F86<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    650613 | PA      | $610783.32     | 0.00%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QD9182                                                                                                                                              | CUSIP: 3133B7FX1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2681210 | PA      | $2409960.08    | 0.01%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QE1073                                                                                                                                              | CUSIP: 3133BAFN6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    844130 | PA      | $792390.75     | 0.00%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 BB9817                                                                                                                                              | CUSIP: 3617B14A8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    930586 | PA      | $895465.56     | 0.00%             | 2047-08-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 BB9835                                                                                                                                              | CUSIP: 3617B14U4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    142627 | PA      | $137243.97     | 0.00%             | 2047-08-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks                                                                          | FR QF0488                                                                                                                                              | CUSIP: 3133BMRH0<br>LEI: 2549001DPIFGXC1TOL40 | Long             | ABS-MBS          | USGSE             | US        |   6022196 | PA      | $6176051.72    | 0.02%             | 2052-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QF2145                                                                                                                                              | CUSIP: 3133BPL22<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    358737 | PA      | $362283.60     | 0.00%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust 2025-2                                                             | CMLTI 2025-LTV1 A1                                                                                                                                     | CUSIP: 17332XAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  22601000 | PA      | $22619078.53   | 0.08%             | 2055-12-25      | Variable      | 5.24%                 | Yes           |                  2 | On Loan: No      |
| Civitas Resources Inc                                                                            | CIVI 8.75 07/01/31 144A                                                                                                                                | CUSIP: 17888HAB9<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |  10106000 | PA      | $10483977.13   | 0.04%             | 2031-07-01      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Civitas Resources Inc                                                                            | CIVI 8.625 11/01/30 144A                                                                                                                               | CUSIP: 17888HAC7<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |   5452000 | PA      | $5714023.12    | 0.02%             | 2030-11-01      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| Civitas Resources Inc                                                                            | CIVI 9.625 06/15/33 144A                                                                                                                               | CUSIP: 17888HAD5<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |  19592000 | PA      | $21151879.58   | 0.07%             | 2033-06-15      | Fixed         | 9.62%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 785843                                                                                                                                              | CUSIP: 3622ABLY6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  24884964 | PA      | $21194893.48   | 0.07%             | 2052-01-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Great Wolf Trust 2015-Wolf Mz                                                                    | GWT 2024-WLF2 A                                                                                                                                        | CUSIP: 362414AA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  29946000 | PA      | $29985859.57   | 0.11%             | 2041-05-15      | Variable      | 5.44%                 | Yes           |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust 2024-R04                                                     | CAS 2024-R04 1M1                                                                                                                                       | CUSIP: 20753GAB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3283706 | PA      | $3283081.25    | 0.01%             | 2044-05-25      | Variable      | 4.97%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | CAS 2023-R06 1M1                                                                                                                                       | CUSIP: 20754EAA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5333627 | PA      | $5348591.93    | 0.02%             | 2043-07-27      | Variable      | 5.57%                 | Yes           |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust 2025-R03                                                     | CAS 2025-R02 1M1                                                                                                                                       | CUSIP: 20754TAC6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5195256 | PA      | $5193661.03    | 0.02%             | 2045-02-27      | Variable      | 5.02%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | CAS 2024-R05 2M1                                                                                                                                       | CUSIP: 20754XAB9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1376704 | PA      | $1376135.42    | 0.00%             | 2044-07-25      | Variable      | 4.87%                 | Yes           |                  2 | On Loan: No      |
| Coinbase Global Inc                                                                              | Coinbase Global Inc COM CL A                                                                                                                           | CUSIP: 19260Q107<br>LEI: 5493004G3J2SC154DU06 | Long             | EC               | CORP              | US        |     72733 | NS      | $16447840.62   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Columbia Pipelines Operating Co. LLC                                                             | CPGX 6.036 11/15/33 144A                                                                                                                               | CUSIP: 19828TAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  12631000 | PA      | $13520948.94   | 0.05%             | 2033-11-15      | Fixed         | 6.04%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QF2386                                                                                                                                              | CUSIP: 3133BPUK2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  10776388 | PA      | $10848711.99   | 0.04%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QF2437                                                                                                                                              | CUSIP: 3133BPV62<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    360845 | PA      | $374830.53     | 0.00%             | 2052-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Gracie Point International Funding 2020-B                                                        | GPIF 2024-1A A                                                                                                                                         | CUSIP: 38410KAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7709000 | PA      | $7714819.52    | 0.03%             | 2028-03-01      | Variable      | 5.89%                 | Yes           |                  2 | On Loan: No      |
| WOODWARD CAPITAL MANAGEMENT                                                                      | RCKT 2021-3 A21                                                                                                                                        | CUSIP: 74938DAW3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8235623 | PA      | $7644746.99    | 0.03%             | 2051-07-25      | Variable      | 4.67%                 | Yes           |                  2 | On Loan: No      |
| Columbia Pipelines Operating Co. LLC                                                             | CPGX 6.544 11/15/53 144A                                                                                                                               | CUSIP: 19828TAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  13172000 | PA      | $14025734.88   | 0.05%             | 2053-11-15      | Fixed         | 6.54%                 | Yes           |                  2 | On Loan: No      |
| Columbia Pipelines Operating Co. LLC                                                             | CPGX 6.497 08/15/43 144A                                                                                                                               | CUSIP: 19828TAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2548000 | PA      | $2691721.16    | 0.01%             | 2043-08-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Compass Datacenters Issuer II LLC                                                                | CMPDC 2024-2A A1                                                                                                                                       | CUSIP: 20469AAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3645000 | PA      | $3654018.11    | 0.01%             | 2049-08-25      | Fixed         | 5.02%                 | Yes           |                  2 | On Loan: No      |
| Compass Datacenters Issuer II LLC                                                                | CMDC 2025-1A A2                                                                                                                                        | CUSIP: 20469BAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  21257000 | PA      | $21482493.66   | 0.08%             | 2050-02-25      | Fixed         | 5.66%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QF6841                                                                                                                                              | CUSIP: 3133BUS65<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    404288 | PA      | $408200.69     | 0.00%             | 2053-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QF7813                                                                                                                                              | CUSIP: 3133BVVE2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    462780 | PA      | $468094.00     | 0.00%             | 2053-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QF8398                                                                                                                                              | CUSIP: 3133BWKK8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1661481 | PA      | $1676906.95    | 0.01%             | 2053-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QF9871                                                                                                                                              | CUSIP: 3133BX6G1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1589186 | PA      | $1603833.35    | 0.01%             | 2053-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG1442                                                                                                                                              | CUSIP: 3133C1S76<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1846847 | PA      | $1852307.56    | 0.01%             | 2053-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG2380                                                                                                                                              | CUSIP: 3133C2UD8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5229852 | PA      | $5257394.93    | 0.02%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG2543                                                                                                                                              | CUSIP: 3133C2ZG6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    503580 | PA      | $516003.43     | 0.00%             | 2053-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CF HIPPOLYTA ISSUER LLC                                                                          | SORT 2021-1A B1                                                                                                                                        | CUSIP: 12530MAG0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5435902 | PA      | $3320736.41    | 0.01%             | 2061-03-15      | Fixed         | 1.98%                 | Yes           |                  2 | On Loan: No      |
| CF HIPPOLYTA ISSUER LLC                                                                          | SORT 2022-1A A1                                                                                                                                        | CUSIP: 12530MAL9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  17384570 | PA      | $17177473.30   | 0.06%             | 2062-08-15      | Fixed         | 5.97%                 | Yes           |                  2 | On Loan: No      |
| CF HIPPOLYTA ISSUER LLC                                                                          | SORT 2022-1A A2                                                                                                                                        | CUSIP: 12530MAM7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  49258196 | PA      | $48584112.40   | 0.17%             | 2062-08-15      | Fixed         | 6.11%                 | Yes           |                  2 | On Loan: No      |
| Capital One Financial Corp.                                                                      | COF V5.884 07/26/35                                                                                                                                    | CUSIP: 14040HDH5<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |  23812000 | PA      | $25062275.97   | 0.09%             | 2035-07-26      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| Compass Datacenters Issuer II LLC                                                                | CMDC 2025-2A A2                                                                                                                                        | CUSIP: 20469BAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  13235000 | PA      | $13415798.45   | 0.05%             | 2050-02-25      | Fixed         | 5.83%                 | Yes           |                  2 | On Loan: No      |
| Compass Datacenters Issuer II LLC                                                                | CMPDC 2025-1A A1                                                                                                                                       | CUSIP: 20469CAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  62151000 | PA      | $62771368.64   | 0.22%             | 2050-05-25      | Fixed         | 5.32%                 | Yes           |                  2 | On Loan: No      |
| Capital One Financial Corp.                                                                      | COF V6.183 01/30/36                                                                                                                                    | CUSIP: 14040HDJ1<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |  17959000 | PA      | $18747091.92   | 0.07%             | 2036-01-30      | Variable      | 6.18%                 | No            |                  2 | On Loan: No      |
| Centene Corp.                                                                                    | CNC 4.25 12/15/27                                                                                                                                      | CUSIP: 15135BAR2<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |  53971000 | PA      | $53653238.72   | 0.19%             | 2027-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | CAS 2023-R08 1M1                                                                                                                                       | CUSIP: 20755CAA6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4391276 | PA      | $4397189.07    | 0.02%             | 2043-10-26      | Variable      | 5.37%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | CAS 2025-R01 1M1                                                                                                                                       | CUSIP: 20755JAB9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3009881 | PA      | $3011095.87    | 0.01%             | 2045-01-25      | Variable      | 4.97%                 | Yes           |                  2 | On Loan: No      |
| Charter Communications Operating, LLC/Charter Communications Operating Capital Corp.             | CHTR 6.65 02/01/34                                                                                                                                     | CUSIP: 161175CP7<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |  21487000 | PA      | $22635273.02   | 0.08%             | 2034-02-01      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| Cheniere Energy Inc                                                                              | LNG 5.65 04/15/34                                                                                                                                      | CUSIP: 16411RAN9<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | DBT              | CORP              | US        |  20937000 | PA      | $21719624.64   | 0.08%             | 2034-04-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Rocket Companies Inc                                                                             | RKT 6.125 08/01/30 144A                                                                                                                                | CUSIP: 77311WAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  10068000 | PA      | $10407081.58   | 0.04%             | 2030-08-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Rocket Companies Inc                                                                             | RKT 6.375 08/01/33 144A                                                                                                                                | CUSIP: 77311WAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  42189000 | PA      | $43987052.99   | 0.16%             | 2033-08-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| CONE 2024-DWF1                                                                                   | CONE 2024-DFW1 A                                                                                                                                       | CUSIP: 20682AAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  17061000 | PA      | $17032330.19   | 0.06%             | 2041-08-15      | Variable      | 5.39%                 | Yes           |                  2 | On Loan: No      |
| CONE 2024-DWF1                                                                                   | CONE 2024-DFW1 B                                                                                                                                       | CUSIP: 20682AAG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  12544811 | PA      | $12529461.70   | 0.04%             | 2041-08-15      | Variable      | 6.04%                 | Yes           |                  2 | On Loan: No      |
| The Charles Schwab Corporation                                                                   | The Charles Schwab Corporation COM USD0.01                                                                                                             | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |   2001019 | NS      | $199921808.29  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                                                                                    | Accenture PLC CLS'A'USD0.0000225                                                                                                                       | CUSIP: G1151C101<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | US        |    174875 | NS      | $46918962.50   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Cbam 2018-8 Ltd                                                                                  | CBAMR 2018-5A A1R                                                                                                                                      | CUSIP: 12516LAC9<br>LEI: 254900YSCN4KH02DQ033 | Long             | ABS-CBDO         | CORP              | KY        |  16113000 | PA      | $16153680.49   | 0.06%             | 2038-10-18      | Variable      | 5.45%                 | Yes           |                  2 | On Loan: No      |
| Carnival Corporation                                                                             | CCL 5.75 08/01/32 144A                                                                                                                                 | CUSIP: 143658CA8<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |  20705000 | PA      | $21249147.69   | 0.08%             | 2032-08-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | CAS 2024-R03 2M1                                                                                                                                       | CUSIP: 207941AA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3024497 | PA      | $3026823.76    | 0.01%             | 2044-03-25      | Variable      | 5.02%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZK8962                                                                                                                                              | CUSIP: 3131XC5X1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1453181 | PA      | $1420890.24    | 0.01%             | 2032-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | CAS 2021-R03 1M2                                                                                                                                       | CUSIP: 20754AAB9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   9797897 | PA      | $9842300.55    | 0.03%             | 2041-12-25      | Variable      | 5.52%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | CAS 2022-R02 2M2                                                                                                                                       | CUSIP: 20754BAB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  12368000 | PA      | $12591800.75   | 0.04%             | 2042-01-27      | Variable      | 6.87%                 | Yes           |                  2 | On Loan: No      |
| SCG Commercial Mortgage Trust 2025-DLFN                                                          | SCG 2025-DLFN A                                                                                                                                        | CUSIP: 78398EAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  29118000 | PA      | $28964092.01   | 0.10%             | 2035-03-15      | Variable      | 4.95%                 | Yes           |                  2 | On Loan: No      |
| SF ABS ISSUER LLC                                                                                | SFARM 2025-1A A2                                                                                                                                       | CUSIP: 784193AA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  38578000 | PA      | $37472066.23   | 0.13%             | 2055-11-25      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZK9085                                                                                                                                              | CUSIP: 3131XDCW3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    386889 | PA      | $378262.97     | 0.00%             | 2032-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZK9163                                                                                                                                              | CUSIP: 3131XDFC4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    975021 | PA      | $952847.28     | 0.00%             | 2033-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZM1434                                                                                                                                              | CUSIP: 3131XUSX6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1515967 | PA      | $1433438.80    | 0.01%             | 2046-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZM6220                                                                                                                                              | CUSIP: 3131Y04D1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1788702 | PA      | $1722668.78    | 0.01%             | 2048-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SCF EQUIPMENT LEASING 2025-2 LLC                                                                 | SCFET 2025-2A A2                                                                                                                                       | CUSIP: 78439XAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6300000 | PA      | $6316512.80    | 0.02%             | 2031-12-22      | Fixed         | 4.26%                 | Yes           |                  2 | On Loan: No      |
| SMRT MINI                                                                                        | SMRT 2022-MINI A                                                                                                                                       | CUSIP: 78457JAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10990000 | PA      | $10967275.34   | 0.04%             | 2039-01-17      | Variable      | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD1551                                                                                                                                              | CUSIP: 3132DNWL3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4983485 | PA      | $4799509.64    | 0.02%             | 2050-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD1840                                                                                                                                              | CUSIP: 3132DPBH0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  11029075 | PA      | $9865042.56    | 0.03%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD3493                                                                                                                                              | CUSIP: 3132DQ3A2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  11057157 | PA      | $9511100.46    | 0.03%             | 2052-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD2897                                                                                                                                              | CUSIP: 3132DQGE0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4155434 | PA      | $4246552.50    | 0.01%             | 2053-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SREIT TR 2021-FLWR                                                                               | SREIT 2021-MFP A                                                                                                                                       | CUSIP: 78472UAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1971278 | PA      | $1966104.24    | 0.01%             | 2038-11-15      | Variable      | 4.60%                 | Yes           |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE TRUST 2025-LOC5                                                | GRADE 2025-LOC5 A1A                                                                                                                                    | CUSIP: 79581XAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  17075148 | PA      | $17102472.61   | 0.06%             | 2055-10-25      | Variable      | 5.33%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2022-DNA7                                                          | STACR 2022-DNA6 M2                                                                                                                                     | CUSIP: 35564KH77<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3830016 | PA      | $4122171.20    | 0.01%             | 2042-09-25      | Variable      | 9.62%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2022-DNA7                                                          | STACR 2022-DNA2 M1A                                                                                                                                    | CUSIP: 35564KRE1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1004644 | PA      | $1005083.36    | 0.00%             | 2042-02-25      | Variable      | 5.17%                 | Yes           |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE T                                                              | GRADE 2024-FIG5 A                                                                                                                                      | CUSIP: 79582MAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8354100 | PA      | $8450736.77    | 0.03%             | 2054-04-25      | Variable      | 6.25%                 | Yes           |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE TRUST 2025-RRTL1                                               | GRADE 2025-RRTL1 A1                                                                                                                                    | CUSIP: 79582NAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10000000 | PA      | $9999628.00    | 0.04%             | 2040-10-25      | Variable      | 5.32%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2022-DNA7                                                          | STACR 2022-DNA2 M2                                                                                                                                     | CUSIP: 35564KRN1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2463464 | PA      | $2538487.95    | 0.01%             | 2042-02-25      | Variable      | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | GN BD7109                                                                                                                                              | CUSIP: 3617BN3S2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    174399 | PA      | $167723.77     | 0.00%             | 2047-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GXO Logistics Inc.                                                                               | GXO 1.65 07/15/26                                                                                                                                      | CUSIP: 36262GAB7<br>LEI: 5493007CNWMXN78JRN66 | Long             | DBT              | CORP              | US        |  14940000 | PA      | $14726318.11   | 0.05%             | 2026-07-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| GE Aerospace                                                                                     | GE Aerospace COM NEW                                                                                                                                   | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |    761922 | NS      | $234694833.66  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington National Bank of Ohio                                                                 | HACLN 2024-2 B1                                                                                                                                        | CUSIP: 44644NAG4<br>LEI: 2WHM8VNJH63UN14OL754 | Long             | ABS-O            | CORP              | US        |   5836515 | PA      | $5901044.43    | 0.02%             | 2032-10-20      | Fixed         | 5.44%                 | Yes           |                  2 | On Loan: No      |
| QTS ISSUER ABS I, LLLC                                                                           | QTS 2025-1A A2                                                                                                                                         | CUSIP: 74690DAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  45146000 | PA      | $45423382.50   | 0.16%             | 2055-05-25      | Fixed         | 5.44%                 | Yes           |                  2 | On Loan: No      |
| QTS ISSUER ABS II, LLC                                                                           | QTSII 2025-1A A2                                                                                                                                       | CUSIP: 74690FAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  27083000 | PA      | $26685803.62   | 0.09%             | 2055-10-05      | Fixed         | 5.04%                 | Yes           |                  2 | On Loan: No      |
| Qnity Electronics Inc.                                                                           | QNTELE 5.75 08/15/32 144A                                                                                                                              | CUSIP: 74743LAA8<br>LEI: 254900RSUG4J9TFFZX53 | Long             | DBT              | CORP              | US        |   9965000 | PA      | $10188674.39   | 0.04%             | 2032-08-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Quikrete Holdings Inc                                                                            | QUIKHO 6.375 03/01/32 144A                                                                                                                             | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |  15902000 | PA      | $16552073.76   | 0.06%             | 2032-03-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE T                                                              | GRADE 2023-FIG4 A                                                                                                                                      | CUSIP: 79581UAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10827293 | PA      | $11198672.13   | 0.04%             | 2053-11-25      | Variable      | 6.72%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZM6276                                                                                                                                              | CUSIP: 3131Y06M9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1769739 | PA      | $1716813.18    | 0.01%             | 2048-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZM6427                                                                                                                                              | CUSIP: 3131Y1D80<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3111937 | PA      | $2997053.83    | 0.01%             | 2048-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MTG TR 202                                                              | GRADE 2024-RTL6 A1                                                                                                                                     | CUSIP: 79585UAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  18334250 | PA      | $18440984.67   | 0.07%             | 2030-07-25      | Variable      | 7.44%                 | Yes           |                  2 | On Loan: No      |
| Santander Bank Auto Credit-Linked Notes Series 2021-1                                            | SBCLN 2022-B A2                                                                                                                                        | CUSIP: 80290CBD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    930246 | PA      | $934686.24     | 0.00%             | 2032-08-16      | Fixed         | 5.59%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | CAS 2022-R05 2M1                                                                                                                                       | CUSIP: 20754DAA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1637493 | PA      | $1638828.98    | 0.01%             | 2042-04-25      | Variable      | 5.77%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | COOPR 2025-CES3 A1A                                                                                                                                    | CUSIP: 216926AA3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  13810348 | PA      | $13776612.23   | 0.05%             | 2060-09-25      | Variable      | 4.84%                 | Yes           |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE T                                                              | GRADE 2024-CES1 A1                                                                                                                                     | CUSIP: 79581VAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6390626 | PA      | $6523031.24    | 0.02%             | 2054-03-25      | Variable      | 6.31%                 | Yes           |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE T                                                              | GRADE 2023-FIG3 A                                                                                                                                      | CUSIP: 79582AAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  19931591 | PA      | $20604856.23   | 0.07%             | 2053-08-25      | Variable      | 7.07%                 | Yes           |                  2 | On Loan: No      |
| CoreWeave Inc.                                                                                   | CRWV 9.25 06/01/30 144A                                                                                                                                | CUSIP: 21873SAB4<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |  23092000 | PA      | $21470308.88   | 0.08%             | 2030-06-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: —       |
| CoreWeave Inc.                                                                                   | CRWV 9 02/01/31 144A                                                                                                                                   | CUSIP: 21873SAC2<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |   9292000 | PA      | $8516303.84    | 0.03%             | 2031-02-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Taco Bell Funding Llc                                                                            | BELL 2021-1A A2II                                                                                                                                      | CUSIP: 87342RAH7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5546212 | PA      | $5149789.34    | 0.02%             | 2051-08-25      | Fixed         | 2.29%                 | Yes           |                  2 | On Loan: No      |
| TOORAK MORTGAGE CORP                                                                             | TRK 2025-RRTL1 A1                                                                                                                                      | CUSIP: 89053JAB3<br>LEI: 25490023B58UP9CM5N96 | Long             | ABS-O            | CORP              | US        |   7590000 | PA      | $7617660.24    | 0.03%             | 2040-02-25      | Variable      | 5.52%                 | Yes           |                  2 | On Loan: No      |
| Costco Wholesale Corporation                                                                     | Costco Wholesale Corporation COM USD0.01                                                                                                               | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |    144909 | NS      | $124960827.06  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| CP EF ASSET SECURITIZATION II LLC                                                                | CPEF 2023-1A A                                                                                                                                         | CUSIP: 224092AA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1846460 | PA      | $1861994.92    | 0.01%             | 2032-03-15      | Fixed         | 7.48%                 | Yes           |                  2 | On Loan: No      |
| Self Commercial Mortgage Trust 2024-STRG                                                         | SELF 2024-STRG A                                                                                                                                       | CUSIP: 81631WAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  27937000 | PA      | $27967298.60   | 0.10%             | 2034-11-15      | Variable      | 5.29%                 | Yes           |                  2 | On Loan: No      |
| Sequoia Mortgage Trust 2013-5                                                                    | SEMT 2013-5 A1                                                                                                                                         | CUSIP: 81745AAA5<br>LEI: 549300671OK77JNRLK28 | Long             | ABS-O            | CORP              | US        |   1714726 | PA      | $1533278.90    | 0.01%             | 2043-05-25      | Variable      | 2.50%                 | Yes           |                  2 | On Loan: No      |
| GOLDENTREE LN MGM 20 LTD/LLC                                                                     | GLM 2023-17A AR                                                                                                                                        | CUSIP: 38139FAN0<br>LEI: 549300TS068SCJRDSP12 | Long             | ABS-CBDO         | CORP              | JE        |  27405000 | PA      | $27475502.10   | 0.10%             | 2039-01-20      | Variable      | 5.16%                 | Yes           |                  2 | On Loan: No      |
| Texas Debt Cap Clo 2023-II ltd. / LLC                                                            | TCIFC 2023-2A A1R                                                                                                                                      | CUSIP: 88239MAJ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  25800000 | PA      | $25895957.94   | 0.09%             | 2037-10-21      | Variable      | 5.24%                 | Yes           |                  2 | On Loan: No      |
| CYRUSONE DATA CENTERS ISSUER I LLC                                                               | CYRUS 2023-1A B                                                                                                                                        | CUSIP: 23284BAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4310447 | PA      | $4279721.66    | 0.02%             | 2048-04-20      | Fixed         | 5.45%                 | Yes           |                  2 | On Loan: No      |
| CYRUSONE DATA CENTERS ISSUER I LLC                                                               | CYRUS 2024-1A A2                                                                                                                                       | CUSIP: 23284BAF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9636018 | PA      | $9495277.21    | 0.03%             | 2049-03-22      | Fixed         | 4.76%                 | Yes           |                  2 | On Loan: No      |
| Sequoia Mortgage Trust 2004 11                                                                   | SEMT 2020-2 A19                                                                                                                                        | CUSIP: 81748KBN1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    696630 | PA      | $631658.34     | 0.00%             | 2050-03-25      | Variable      | 3.50%                 | Yes           |                  2 | On Loan: No      |
| Servicenow Inc                                                                                   | Servicenow Inc COM USD0.001                                                                                                                            | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |    673784 | NS      | $103216970.96  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Solventum Corp.                                                                                  | SOLV 5.45 03/13/31                                                                                                                                     | CUSIP: 83444MAQ4<br>LEI: 254900I70403OSGY4M28 | Long             | DBT              | CORP              | US        |  30323000 | PA      | $31630554.44   | 0.11%             | 2031-03-13      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Solventum Corp.                                                                                  | SOLV 5.6 03/23/34                                                                                                                                      | CUSIP: 83444MAR2<br>LEI: 254900I70403OSGY4M28 | Long             | DBT              | CORP              | US        |  39969000 | PA      | $41587429.94   | 0.15%             | 2034-03-23      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV7131                                                                                                                                              | CUSIP: 3140ML4R8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    344128 | PA      | $337854.77     | 0.00%             | 2052-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV7132                                                                                                                                              | CUSIP: 3140ML4S6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    431055 | PA      | $423186.73     | 0.00%             | 2052-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV6879                                                                                                                                              | CUSIP: 3140MLUD0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1082958 | PA      | $1063357.98    | 0.00%             | 2052-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV7632                                                                                                                                              | CUSIP: 3140MMPS1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    832138 | PA      | $817077.01     | 0.00%             | 2052-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BY3263                                                                                                                                              | CUSIP: 3140NKTV3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1152982 | PA      | $1165256.82    | 0.00%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BY4284                                                                                                                                              | CUSIP: 3140NLXN4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    472949 | PA      | $489609.86     | 0.00%             | 2053-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                                 | FN BY6374                                                                                                                                              | CUSIP: 3140NPCL2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1255018 | PA      | $1288979.71    | 0.00%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                                 | FN BY6690                                                                                                                                              | CUSIP: 3140NPNG1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    686922 | PA      | $694441.63     | 0.00%             | 2053-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hertz Vehicle Financing LLC                                                                      | HERTZ 2025-5A A                                                                                                                                        | CUSIP: 42806MDL0<br>LEI: 5493004IHDYOZ9K9WF47 | Long             | ABS-O            | CORP              | US        |  10791000 | PA      | $10799207.65   | 0.04%             | 2030-05-25      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Hilton Worldwide Holdings Inc                                                                    | Hilton Worldwide Holdings Inc COM USD0.01                                                                                                              | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |    454808 | NS      | $130643598.00  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Humana Inc.                                                                                      | HUM 5.875 03/01/33                                                                                                                                     | CUSIP: 444859BV3<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |   5208000 | PA      | $5470568.61    | 0.02%             | 2033-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Humana Inc.                                                                                      | HUM 5.95 03/15/34                                                                                                                                      | CUSIP: 444859BY7<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |  14187000 | PA      | $14878285.83   | 0.05%             | 2034-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| LHOME MTG TR 2024-RTL3                                                                           | LHOME 2024-RTL3 A1                                                                                                                                     | CUSIP: 50205GAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8285561 | PA      | $8361249.60    | 0.03%             | 2029-05-25      | Variable      | 6.90%                 | Yes           |                  2 | On Loan: No      |
| LHOME MORTGAGE TRUST 2024-RTL2                                                                   | LHOME 2024-RTL2 A1                                                                                                                                     | CUSIP: 50205JAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6506012 | PA      | $6543300.56    | 0.02%             | 2029-03-25      | Variable      | 7.13%                 | Yes           |                  2 | On Loan: No      |
| Stryker Corporation                                                                              | Stryker Corporation COM USD0.10                                                                                                                        | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |    628774 | NS      | $220995197.78  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunoco LP                                                                                        | SUN 7 05/01/29 144A                                                                                                                                    | CUSIP: 86765KAB5<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |  22419000 | PA      | $23382030.56   | 0.08%             | 2029-05-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| LHOME MORTGAGE TRUST                                                                             | LHOME 2024-RTL4 A1                                                                                                                                     | CUSIP: 50205PAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  24872433 | PA      | $25089066.92   | 0.09%             | 2039-07-25      | Variable      | 5.92%                 | Yes           |                  2 | On Loan: No      |
| LHOME MORTGAGE TRUST                                                                             | LHOME 2025-RTL3 A1                                                                                                                                     | CUSIP: 50205YAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6892000 | PA      | $6928147.16    | 0.02%             | 2040-08-25      | Variable      | 5.24%                 | Yes           |                  2 | On Loan: No      |
| Sunoco LP                                                                                        | SUN 7.25 05/01/32 144A                                                                                                                                 | CUSIP: 86765KAC3<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |  12629000 | PA      | $13353098.11   | 0.05%             | 2032-05-01      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Sunoco LP                                                                                        | SUN 5.625 03/15/31 144A                                                                                                                                | CUSIP: 86765KAF6<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |   7982000 | PA      | $8040484.11    | 0.03%             | 2031-03-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley                                                                                   | Morgan Stanley COM USD0.01                                                                                                                             | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |   1390584 | NS      | $246870377.52  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                                                                   | MS V2.943 01/21/33                                                                                                                                     | CUSIP: 61747YEL5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |  16462000 | PA      | $15024752.33   | 0.05%             | 2033-01-21      | Variable      | 2.94%                 | No            |                  2 | On Loan: No      |
| Sunoco LP                                                                                        | SUN 5.875 03/15/34 144A                                                                                                                                | CUSIP: 86765KAG4<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |  13540000 | PA      | $13538801.71   | 0.05%             | 2034-03-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| The TJX Companies Inc.                                                                           | The TJX Companies Inc. COM USD1                                                                                                                        | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |    898242 | NS      | $137978953.62  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| TYSN 2023 CRNR MORTGAGE TRUST                                                                    | TYSN 2023-CRNR A                                                                                                                                       | CUSIP: 87332PAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  23414873 | PA      | $24627778.59   | 0.09%             | 2033-12-10      | Variable      | 6.58%                 | Yes           |                  2 | On Loan: No      |
| Talen Energy Supply                                                                              | Talen Energy Supply Term Loan B (Incremental) 200 2032-10-04                                                                                           | CUSIP: 87422LBA7<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | LON              | CORP              | US        |  18925552 | PA      | $18913818.26   | 0.07%             | 2032-11-25      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Talen Energy Supply LLC                                                                          | TLN 6.25 02/01/34 144A                                                                                                                                 | CUSIP: 87422VAM0<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |  19547000 | PA      | $19936257.00   | 0.07%             | 2034-02-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Talen Energy Supply LLC                                                                          | TLN 6.5 02/01/36 144A                                                                                                                                  | CUSIP: 87422VAN8<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |  32081000 | PA      | $33174630.06   | 0.12%             | 2036-02-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Teva Pharmaceutical Finance Company LLC                                                          | TEVA 6.15 02/01/36                                                                                                                                     | CUSIP: 88163VAD1<br>LEI: 5493006PITD7MU7WW480 | Long             | DBT              | CORP              | US        |   8271000 | PA      | $8683713.39    | 0.03%             | 2036-02-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Thermo Fisher Scientific Inc                                                                     | Thermo Fisher Scientific Inc COM USD1                                                                                                                  | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |    304595 | NS      | $176497572.75  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                                                                   | MS V5.424 07/21/34 MTN                                                                                                                                 | CUSIP: 61747YFG5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |  18294000 | PA      | $19031546.39   | 0.07%             | 2034-07-21      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                                   | MS V5.32 07/19/35                                                                                                                                      | CUSIP: 61747YFT7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |  24159000 | PA      | $24869316.64   | 0.09%             | 2035-07-19      | Variable      | 5.32%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust 2025-FIX2                                                              | TPMT 2025-FIX2 A1                                                                                                                                      | CUSIP: 89183RAA0<br>LEI: 25490010CSYSAQU59J50 | Long             | ABS-O            | CORP              | US        |  19211899 | PA      | $19292794.79   | 0.07%             | 2065-10-25      | Variable      | 5.25%                 | Yes           |                  2 | On Loan: No      |
| TransDigm, Inc.                                                                                  | TDG 6.25 01/31/34 144A                                                                                                                                 | CUSIP: 893647BZ9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   3003000 | PA      | $3116156.04    | 0.01%             | 2034-01-31      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| TransDigm, Inc.                                                                                  | TDG 6.75 01/31/34 144a                                                                                                                                 | CUSIP: 893647CA3<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |  10283000 | PA      | $10711638.73   | 0.04%             | 2034-01-31      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| TransDigm                                                                                        | TransDigm Term Loan M (Incremental) 250 2032-08-01                                                                                                     | CUSIP: 89364MCE2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |  21137000 | PA      | $21220702.52   | 0.07%             | 2032-08-19      | Floating      | 6.22%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZM7926                                                                                                                                              | CUSIP: 3131Y2YX0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    104099 | PA      | $105329.87     | 0.00%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZN2165                                                                                                                                              | CUSIP: 3131Y8MN2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1541466 | PA      | $1539342.73    | 0.01%             | 2048-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UPG HI ISSUER TRUST 2025-2                                                                       | UPGHI 2025-2 A                                                                                                                                         | CUSIP: 90321EAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7000000 | PA      | $7022774.77    | 0.02%             | 2047-09-25      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Union Pacific Corporation                                                                        | Union Pacific Corporation COM USD2.50                                                                                                                  | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |    586520 | NS      | $135673806.40  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| CYRUSONE DATA CENTERS ISSUER I LLC                                                               | CYRUS 2024-2A A2                                                                                                                                       | CUSIP: 23284BAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3413000 | PA      | $3330430.55    | 0.01%             | 2049-05-20      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| CYRUSONE DATA CENTERS ISSUER I LLC                                                               | CYRUS 2024-3A A2                                                                                                                                       | CUSIP: 23284BAH7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  33334000 | PA      | $31991874.34   | 0.11%             | 2049-05-20      | Fixed         | 4.65%                 | Yes           |                  2 | On Loan: No      |
| U.S. Bancorp.                                                                                    | USB V2.491 11/03/36                                                                                                                                    | CUSIP: 91159HJB7<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |  20457000 | PA      | $17854275.12   | 0.06%             | 2036-11-03      | Variable      | 2.49%                 | No            |                  2 | On Loan: No      |
| U.S. Bancorp.                                                                                    | USB V5.384 01/23/30                                                                                                                                    | CUSIP: 91159HJQ4<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |  19681000 | PA      | $20383344.04   | 0.07%             | 2030-01-23      | Variable      | 5.38%                 | No            |                  2 | On Loan: No      |
| Danaher Corporation                                                                              | Danaher Corporation COM USD0.01                                                                                                                        | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |    800428 | NS      | $183233977.76  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| DATA 2024 CNTR2 MORTGAGE TRUST                                                                   | DATA 2024-CTR2 A                                                                                                                                       | CUSIP: 238020AA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6852820 | PA      | $6882287.12    | 0.02%             | 2046-05-10      | Variable      | 5.30%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZA7158                                                                                                                                              | CUSIP: 31329Q5T4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    387163 | PA      | $384231.46     | 0.00%             | 2049-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZS3695                                                                                                                                              | CUSIP: 3132A4C89<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1985372 | PA      | $2110744.44    | 0.01%             | 2040-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| U.S. Bancorp.                                                                                    | USB V5.046 02/12/31                                                                                                                                    | CUSIP: 91159HJT8<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |  20690000 | PA      | $21251753.36   | 0.08%             | 2031-02-12      | Variable      | 5.05%                 | No            |                  2 | On Loan: No      |
| U.S. Bancorp.                                                                                    | USB V5.424 02/12/36                                                                                                                                    | CUSIP: 91159HJU5<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |  22770000 | PA      | $23665547.06   | 0.08%             | 2036-02-12      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                                     | T 4.75 08/15/55                                                                                                                                        | CUSIP: 912810UM8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 235053000 | PA      | $231086480.63  | 0.82%             | 2055-08-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                                     | T 3.5 12/15/28                                                                                                                                         | CUSIP: 91282CPP0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 193327000 | PA      | $193100443.96  | 0.68%             | 2028-12-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZS7403                                                                                                                                              | CUSIP: 3132A8GL7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5358014 | PA      | $5274697.55    | 0.02%             | 2031-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZT0534                                                                                                                                              | CUSIP: 3132ACSX9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4640328 | PA      | $4375327.53    | 0.02%             | 2047-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Trane Technologies PLC                                                                           | Trane Technologies PLC COM USD1                                                                                                                        | CUSIP: G8994E103<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | US        |    390290 | NS      | $151900868.00  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| TICP CLO VI 2016-2 Ltd.                                                                          | SIXST 2017-9A AR                                                                                                                                       | CUSIP: 83012CAC9<br>LEI: 254900JG2DPAYUCW8T83 | Long             | ABS-CBDO         | CORP              | KY        |  24810000 | PA      | $24901623.33   | 0.09%             | 2037-07-21      | Variable      | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZK9009                                                                                                                                              | CUSIP: 3131XDAJ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    746353 | PA      | $729081.06     | 0.00%             | 2032-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QD9513                                                                                                                                              | CUSIP: 3133B7SA7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3173391 | PA      | $2714733.67    | 0.01%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZT1257                                                                                                                                              | CUSIP: 3132ADME5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    351669 | PA      | $324376.23     | 0.00%             | 2046-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZT1320                                                                                                                                              | CUSIP: 3132ADPD4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    412329 | PA      | $397106.67     | 0.00%             | 2048-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Societe Generale S.A.                                                                            | SOCGEN V5.5 04/13/29 144A                                                                                                                              | CUSIP: 83368RCC4<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |  14133000 | PA      | $14474491.72   | 0.05%             | 2029-04-13      | Variable      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Societe Generale S.A.                                                                            | SOCGEN V6.1 04/13/33 144A                                                                                                                              | CUSIP: 83368RCF7<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |  34519000 | PA      | $36473437.82   | 0.13%             | 2033-04-13      | Variable      | 6.10%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | CAS 2024-R01 1M1                                                                                                                                       | CUSIP: 20753UAA8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4846781 | PA      | $4844287.78    | 0.02%             | 2044-01-25      | Variable      | 4.92%                 | Yes           |                  2 | On Loan: No      |
| Walt Disney Company                                                                              | Walt Disney Company COM DISNEY USD0.01                                                                                                                 | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |   2407674 | NS      | $273921070.98  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG3598                                                                                                                                              | CUSIP: 3133C37K6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3202754 | PA      | $3219621.43    | 0.01%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG3742                                                                                                                                              | CUSIP: 3133C4EP5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    324393 | PA      | $327338.74     | 0.00%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG3917                                                                                                                                              | CUSIP: 3133C4K60<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1315152 | PA      | $1322078.18    | 0.00%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG3912                                                                                                                                              | CUSIP: 3133C4KZ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1667957 | PA      | $1713426.77    | 0.01%             | 2053-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Teva Pharmaceutical Finance Netherlands III B.V.                                                 | TEVA 6 12/01/32                                                                                                                                        | CUSIP: 88167AAT8<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |  14987000 | PA      | $15728978.64   | 0.06%             | 2032-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| Teva Pharmaceutical Finance Netherlands IV B.V.                                                  | TEVA 5.75 12/01/30                                                                                                                                     | CUSIP: 881937AA4<br>LEI: 549300GKSD1RG56QRY33 | Long             | DBT              | CORP              | NL        |  11755000 | PA      | $12192573.76   | 0.04%             | 2030-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Royal Caribbean Group                                                                            | Royal Caribbean Group COM USD0.01                                                                                                                      | CUSIP: V7780T103<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | EC               | CORP              | US        |    759599 | NS      | $211867353.08  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QE0318                                                                                                                                              | CUSIP: 3133B9K78<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    288583 | PA      | $283359.70     | 0.00%             | 2052-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QE0354                                                                                                                                              | CUSIP: 3133B9MB7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2801897 | PA      | $2626787.60    | 0.01%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZT1633                                                                                                                                              | CUSIP: 3132ADY69<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    729744 | PA      | $708064.13     | 0.00%             | 2047-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SB0866                                                                                                                                              | CUSIP: 3132CW6B5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  19404742 | PA      | $18362440.42   | 0.06%             | 2037-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QE1072                                                                                                                                              | CUSIP: 3133BAFM8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2621660 | PA      | $2457814.91    | 0.01%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG5055                                                                                                                                              | CUSIP: 3133C5TL5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1763522 | PA      | $1761442.55    | 0.01%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG4676                                                                                                                                              | CUSIP: 3133C5FR7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    644719 | PA      | $644275.40     | 0.00%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG4741                                                                                                                                              | CUSIP: 3133C5HS3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1247634 | PA      | $1265784.47    | 0.00%             | 2053-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SB0040                                                                                                                                              | CUSIP: 3132CWBH6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   6111743 | PA      | $5937568.45    | 0.02%             | 2033-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SB0116                                                                                                                                              | CUSIP: 3132CWDV3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2102923 | PA      | $2014638.96    | 0.01%             | 2034-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG5161                                                                                                                                              | CUSIP: 3133C5WW7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2060009 | PA      | $2056413.33    | 0.01%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BF0619                                                                                                                                              | CUSIP: 3140FXVM1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  51109861 | PA      | $42077532.38   | 0.15%             | 2062-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG4742                                                                                                                                              | CUSIP: 3133C5HT1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2198854 | PA      | $2195016.02    | 0.01%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QN0783                                                                                                                                              | CUSIP: 3133G62Q7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    826710 | PA      | $802577.92     | 0.00%             | 2034-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QN0786                                                                                                                                              | CUSIP: 3133G62T1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1822631 | PA      | $1770942.34    | 0.01%             | 2034-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QN0951                                                                                                                                              | CUSIP: 3133G7BU6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    552694 | PA      | $529039.45     | 0.00%             | 2034-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB3501                                                                                                                                              | CUSIP: 3140QN3K6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6620612 | PA      | $6176348.70    | 0.02%             | 2052-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB2750                                                                                                                                              | CUSIP: 3140QNBU5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  24448692 | PA      | $20901844.21   | 0.07%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR RA1087                                                                                                                                              | CUSIP: 3133KGF45<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2607197 | PA      | $2587454.78    | 0.01%             | 2049-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR RA1088                                                                                                                                              | CUSIP: 3133KGF52<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    502004 | PA      | $497877.07     | 0.00%             | 2049-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD0688                                                                                                                                              | CUSIP: 3132DMXR1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  35497569 | PA      | $30512144.86   | 0.11%             | 2051-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD0931                                                                                                                                              | CUSIP: 3132DNA86<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  26692670 | PA      | $22910740.02   | 0.08%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR RA1188                                                                                                                                              | CUSIP: 3133KGJ90<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2637769 | PA      | $2617795.20    | 0.01%             | 2049-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR RA1999                                                                                                                                              | CUSIP: 3133KHGG5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1845276 | PA      | $1831303.25    | 0.01%             | 2050-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB2891                                                                                                                                              | CUSIP: 3140QNF98<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  32546636 | PA      | $29129644.59   | 0.10%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB2907                                                                                                                                              | CUSIP: 3140QNGR7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5643747 | PA      | $5302018.52    | 0.02%             | 2052-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD0943                                                                                                                                              | CUSIP: 3132DNBL6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2234094 | PA      | $2098820.14    | 0.01%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD1150                                                                                                                                              | CUSIP: 3132DNH30<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4484615 | PA      | $4213071.71    | 0.01%             | 2052-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR RA5285                                                                                                                                              | CUSIP: 3133KL2S5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  35502589 | PA      | $30440114.83   | 0.11%             | 2051-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR RA5906                                                                                                                                              | CUSIP: 3133KMR31<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  32905890 | PA      | $28313678.57   | 0.10%             | 2051-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB3042                                                                                                                                              | CUSIP: 3140QNLY6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   8311611 | PA      | $7157326.76    | 0.03%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB3043                                                                                                                                              | CUSIP: 3140QNLZ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  22858951 | PA      | $19666390.12   | 0.07%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust 2019-6                                                                  | AOMT 2019-6 A1                                                                                                                                         | CUSIP: 03464VAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    868350 | PA      | $860283.35     | 0.00%             | 2059-11-25      | Variable      | 2.62%                 | Yes           |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust 2020-3                                                                  | AOMT 2020-3 A2                                                                                                                                         | CUSIP: 03465LAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1558918 | PA      | $1504762.27    | 0.01%             | 2065-04-25      | Variable      | 2.41%                 | Yes           |                  2 | On Loan: No      |
| Banc Of America Alternative Loan Trust                                                           | BAMLL 2024-FRR4 F                                                                                                                                      | CUSIP: 05493VAL8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4284274 | PA      | $4258756.52    | 0.02%             | 2048-11-27      | Variable      | 0.01%                 | Yes           |                  2 | On Loan: No      |
| BLP TRUST 2025-IND2                                                                              | BLP 2025-IND2 A                                                                                                                                        | CUSIP: 05556WAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  15929000 | PA      | $15935402.16   | 0.06%             | 2042-12-15      | Variable      | 5.25%                 | Yes           |                  2 | On Loan: No      |
| BPR TRUST 2024-PMDW                                                                              | BPR 2024-PMDW A                                                                                                                                        | CUSIP: 05592VAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  28442928 | PA      | $29095845.90   | 0.10%             | 2041-11-05      | Variable      | 5.36%                 | Yes           |                  2 | On Loan: No      |
| BPR TRUST 2024-PMDW                                                                              | BPR 2024-PMDW D                                                                                                                                        | CUSIP: 05592VAJ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  11000000 | PA      | $10976252.28   | 0.04%             | 2041-11-05      | Variable      | 5.85%                 | Yes           |                  2 | On Loan: No      |
| BX Trust 2025-Roic                                                                               | BX 2025-ROIC A                                                                                                                                         | CUSIP: 05593VAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  31845797 | PA      | $31793005.66   | 0.11%             | 2030-03-15      | Variable      | 4.89%                 | Yes           |                  2 | On Loan: No      |
| BX Trust 2025-Roic                                                                               | BX 2025-ROIC B                                                                                                                                         | CUSIP: 05593VAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6968821 | PA      | $6938001.73    | 0.02%             | 2030-03-15      | Variable      | 5.14%                 | Yes           |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                                                               | BX 2019-OC11 B                                                                                                                                         | CUSIP: 05606FAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2965000 | PA      | $2807605.35    | 0.01%             | 2041-12-09      | Fixed         | 3.60%                 | Yes           |                  2 | On Loan: No      |
| BXP Trust 2017-CC                                                                                | BXP 2017-GM A                                                                                                                                          | CUSIP: 056083AA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4190000 | PA      | $4115582.25    | 0.01%             | 2039-06-13      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| BXHPP LTD                                                                                        | BXHPP 2021-FILM A                                                                                                                                      | CUSIP: 05609JAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5993000 | PA      | $5788399.94    | 0.02%             | 2036-08-15      | Variable      | 4.51%                 | Yes           |                  2 | On Loan: No      |
| BPR TST                                                                                          | BPR 2023-BRK2 A                                                                                                                                        | CUSIP: 05610WAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  20831000 | PA      | $21744646.41   | 0.08%             | 2038-10-05      | Variable      | 6.90%                 | Yes           |                  2 | On Loan: No      |
| BX TRUST 2024-VLT4                                                                               | BX 2024-VLT4 A                                                                                                                                         | CUSIP: 05612TAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  24841746 | PA      | $24806648.06   | 0.09%             | 2041-06-17      | Variable      | 5.24%                 | Yes           |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                                                               | BX 2024-BRBK A                                                                                                                                         | CUSIP: 05613NAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  29782657 | PA      | $29918610.59   | 0.11%             | 2041-10-15      | Variable      | 6.61%                 | Yes           |                  2 | On Loan: No      |
| Bx Commercial Mortgage Trust 2018-Bioa                                                           | BX 2025-DIME A                                                                                                                                         | CUSIP: 05613UAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  25165000 | PA      | $25081806.68   | 0.09%             | 2035-02-15      | Variable      | 4.90%                 | Yes           |                  2 | On Loan: No      |
| BX COML MTG TR 2024-VLT5                                                                         | BX 2024-VLT5 A                                                                                                                                         | CUSIP: 05614JAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  33959000 | PA      | $34338661.12   | 0.12%             | 2046-11-13      | Variable      | 5.41%                 | Yes           |                  2 | On Loan: No      |
| BX COML MTG TR 2024-VLT5                                                                         | BX 2024-VLT5 B                                                                                                                                         | CUSIP: 05614JAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7887000 | PA      | $8019873.13    | 0.03%             | 2046-11-13      | Variable      | 5.80%                 | Yes           |                  2 | On Loan: No      |
| BX COML MTG TR 2024-VLT5                                                                         | BX 2024-VLT5 C                                                                                                                                         | CUSIP: 05614JAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4221000 | PA      | $4307751.89    | 0.02%             | 2046-11-13      | Variable      | 6.19%                 | Yes           |                  2 | On Loan: No      |
| BX TRUST 2025-ARIA                                                                               | BX 2025-ARIA A                                                                                                                                         | CUSIP: 05619TAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  30916000 | PA      | $31107918.64   | 0.11%             | 2042-12-13      | Variable      | 5.03%                 | Yes           |                  2 | On Loan: No      |
| BLP Commercial Mortgage Trust 2025-IND                                                           | BLP 2025-IND A                                                                                                                                         | CUSIP: 05625BAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  24325395 | PA      | $24147747.61   | 0.09%             | 2042-03-17      | Variable      | 4.95%                 | Yes           |                  2 | On Loan: No      |
| Bank of America Corp.                                                                            | BAC V5.872 09/15/34                                                                                                                                    | CUSIP: 06051GLU1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  18294000 | PA      | $19522511.80   | 0.07%             | 2034-09-15      | Variable      | 5.87%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                                            | BAC V5.162 01/24/31                                                                                                                                    | CUSIP: 06051GML0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  47490000 | PA      | $49026505.71   | 0.17%             | 2031-01-24      | Variable      | 5.16%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                                            | BAC V5.744 02/12/36                                                                                                                                    | CUSIP: 06051GMQ9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  78359000 | PA      | $81649906.39   | 0.29%             | 2036-02-12      | Variable      | 5.74%                 | No            |                  2 | On Loan: No      |
| BAYVIEW MSR OPPORTUNITY MASTER FUND                                                              | BVINV 2021-5 AF                                                                                                                                        | CUSIP: 07336JAX6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  12588664 | PA      | $11712932.21   | 0.04%             | 2051-11-25      | Variable      | 4.72%                 | Yes           |                  2 | On Loan: No      |
| BAYVIEW MSR OPPORTUNITY MASTER FUND                                                              | BVINV 2022-2 A1                                                                                                                                        | CUSIP: 07336NAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9902338 | PA      | $8633867.76    | 0.03%             | 2051-12-25      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| BAYVIEW OPPORTUNITY MASTER FUND VII                                                              | BVCLN 2025-EDU1 B                                                                                                                                      | CUSIP: 07337GAB9<br>LEI: 2549001VJ64UFK8PZA41 | Long             | ABS-O            | CORP              | US        |   6190680 | PA      | $6182291.22    | 0.02%             | 2048-07-27      | Variable      | 5.57%                 | Yes           |                  2 | On Loan: No      |
| Belron                                                                                           | Belron Term Loan B 250 2031-10-01                                                                                                                      | CUSIP: 08078UAN3<br>LEI: 9845006BC9D1A77B8178 | Long             | LON              | CORP              | US        |  12687090 | PA      | $12750525.73   | 0.05%             | 2031-10-16      | Floating      | 6.12%                 | No            |                  2 | On Loan: No      |
| Blackstone Private Credit Fund                                                                   | BCRED 7.3 11/27/28                                                                                                                                     | CUSIP: 09261HBC0<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |  14859000 | PA      | $15761366.12   | 0.06%             | 2028-11-27      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| Booking Holdings Inc                                                                             | Booking Holdings Inc COM USD0.008                                                                                                                      | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |     51614 | NS      | $276410002.62  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Booz Allen Hamilton Inc                                                                          | BAH 5.95 08/04/33                                                                                                                                      | CUSIP: 09951LAC7<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |  22041000 | PA      | $22960806.42   | 0.08%             | 2033-08-04      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Booz Allen Hamilton Inc                                                                          | BAH 5.95 04/15/35                                                                                                                                      | CUSIP: 09951LAD5<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |  34511000 | PA      | $35756364.29   | 0.13%             | 2035-04-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Broadcom Inc                                                                                     | Broadcom Inc COM USD0.001                                                                                                                              | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |   1927109 | NS      | $666972424.90  | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown & Brown Inc                                                                                | BRO 4.9 06/23/30                                                                                                                                       | CUSIP: 115236AK7<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |   6298000 | PA      | $6385098.51    | 0.02%             | 2030-06-23      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Brown & Brown Inc                                                                                | BRO 5.25 06/23/32                                                                                                                                      | CUSIP: 115236AL5<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |   2767000 | PA      | $2829618.34    | 0.01%             | 2032-06-23      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                                                               | BX 2024-GPA3 A                                                                                                                                         | CUSIP: 123910AA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  13947579 | PA      | $13942288.56   | 0.05%             | 2039-12-15      | Variable      | 5.04%                 | Yes           |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                                                               | BX 2024-GPA3 B                                                                                                                                         | CUSIP: 123910AC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9635920 | PA      | $9637204.44    | 0.03%             | 2039-12-15      | Variable      | 5.39%                 | Yes           |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                                                               | BX 2025-VLT7 A                                                                                                                                         | CUSIP: 123913AA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  49200000 | PA      | $49208361.32   | 0.17%             | 2044-07-15      | Variable      | 5.45%                 | Yes           |                  2 | On Loan: No      |
| BX COML MTG TR 2024-AIRC                                                                         | BX 2024-AIRC C                                                                                                                                         | CUSIP: 12433CAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10845822 | PA      | $10858626.63   | 0.04%             | 2041-08-15      | Variable      | 6.34%                 | Yes           |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                                                               | BX 2025-SPOT A                                                                                                                                         | CUSIP: 12433FAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  11478996 | PA      | $11485613.63   | 0.04%             | 2040-04-16      | Variable      | 5.19%                 | Yes           |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                                                               | BX 2025-GW A                                                                                                                                           | CUSIP: 12433GAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  23236000 | PA      | $23253110.31   | 0.08%             | 2042-07-15      | Variable      | 5.35%                 | Yes           |                  2 | On Loan: No      |
| CACI International Inc.                                                                          | CACI 6.375 06/15/33 144A                                                                                                                               | CUSIP: 127190AE6<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | DBT              | CORP              | US        |   8503000 | PA      | $8797872.82    | 0.03%             | 2033-06-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Cadence Design Systems, Inc.                                                                     | Cadence Design Systems, Inc. COM USD0.01                                                                                                               | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |    398696 | NS      | $124624395.68  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD1137                                                                                                                                              | CUSIP: 3132DNHN6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  13428669 | PA      | $11604244.95   | 0.04%             | 2051-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD1143                                                                                                                                              | CUSIP: 3132DNHU0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  14302900 | PA      | $14196401.63   | 0.05%             | 2050-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                                                                      | COF V7.624 10/30/31 .                                                                                                                                  | CUSIP: 14040HDC6<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |  18133000 | PA      | $20492935.06   | 0.07%             | 2031-10-30      | Variable      | 7.62%                 | No            |                  2 | On Loan: No      |
| DB Master Finance LLC                                                                            | DNKN 2017-1A A2II                                                                                                                                      | CUSIP: 233046AF8<br>LEI: 549300F17UZJL70BPB08 | Long             | ABS-O            | CORP              | US        |   5225040 | PA      | $5183395.49    | 0.02%             | 2047-11-20      | Fixed         | 4.03%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR RA9851                                                                                                                                              | CUSIP: 3133KR5L4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  34165031 | PA      | $35523613.58   | 0.13%             | 2053-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SE9056                                                                                                                                              | CUSIP: 3133SKBZ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5484035 | PA      | $5319784.17    | 0.02%             | 2050-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FG Q58477                                                                                                                                              | CUSIP: 3132Y2M37<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1307989 | PA      | $1261406.66    | 0.00%             | 2048-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BF0167                                                                                                                                              | CUSIP: 3140FXFH0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   8557926 | PA      | $7468989.31    | 0.03%             | 2057-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DB Master Finance LLC                                                                            | DNKN 2021-1A A2II                                                                                                                                      | CUSIP: 233046AQ4<br>LEI: 549300F17UZJL70BPB08 | Long             | ABS-O            | CORP              | US        |   4674240 | PA      | $4421880.85    | 0.02%             | 2051-11-20      | Fixed         | 2.49%                 | Yes           |                  2 | On Loan: No      |
| DB Master Finance LLC                                                                            | DNKN 2021-1A A23                                                                                                                                       | CUSIP: 233046AS0<br>LEI: 549300F17UZJL70BPB08 | Long             | ABS-O            | CORP              | US        |   3557760 | PA      | $3148027.05    | 0.01%             | 2051-11-20      | Fixed         | 2.79%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BF0598                                                                                                                                              | CUSIP: 3140FXUY6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  17024958 | PA      | $14261892.72   | 0.05%             | 2062-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BH1902                                                                                                                                              | CUSIP: 3140GQDG8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    257457 | PA      | $243618.08     | 0.00%             | 2047-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DT Midstream Inc                                                                                 | DTMINC 4.125 06/15/29 144A                                                                                                                             | CUSIP: 23345MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  25682000 | PA      | $25343431.37   | 0.09%             | 2029-06-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| DT Midstream Inc                                                                                 | DTMINC 4.375 06/15/31 144A                                                                                                                             | CUSIP: 23345MAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  41648000 | PA      | $40775120.39   | 0.14%             | 2031-06-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SI2017                                                                                                                                              | CUSIP: 3133USG21<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5231108 | PA      | $5037987.51    | 0.02%             | 2048-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QI2699                                                                                                                                              | CUSIP: 3133W87L1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2885688 | PA      | $2985615.56    | 0.01%             | 2054-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BJ4559                                                                                                                                              | CUSIP: 3140H6B57<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1771604 | PA      | $1670786.26    | 0.01%             | 2048-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BJ4566                                                                                                                                              | CUSIP: 3140H6CC1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6424346 | PA      | $6243643.81    | 0.02%             | 2048-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DT Midstream Inc                                                                                 | DTMINC 4.3 04/15/32 144A                                                                                                                               | CUSIP: 23345MAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7191000 | PA      | $6946162.05    | 0.02%             | 2032-04-15      | Fixed         | 4.30%                 | Yes           |                  2 | On Loan: No      |
| Deere & Company                                                                                  | Deere & Company COM USD1                                                                                                                               | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |    244632 | NS      | $113893320.24  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QA4936                                                                                                                                              | CUSIP: 31346YPV9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    800605 | PA      | $718357.32     | 0.00%             | 2049-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FNR 2018-27 EA                                                                                                                                         | CUSIP: 3136B1N26<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5719021 | PA      | $5183002.44    | 0.02%             | 2048-05-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB3123                                                                                                                                              | CUSIP: 3140QNPH9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  36914968 | PA      | $34632956.33   | 0.12%             | 2052-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB3240                                                                                                                                              | CUSIP: 3140QNS60<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  16206267 | PA      | $14502679.27   | 0.05%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Dell Technologies Inc                                                                            | Dell Technologies Inc COM USD0.01 CL C                                                                                                                 | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |    636373 | NS      | $80106633.24   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp                                                                                 | DUK 5.45 06/15/34                                                                                                                                      | CUSIP: 26441CCE3<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |  35348000 | PA      | $36807611.18   | 0.13%             | 2034-06-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BJ4567                                                                                                                                              | CUSIP: 3140H6CD9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2436132 | PA      | $2364829.62    | 0.01%             | 2048-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BJ5170                                                                                                                                              | CUSIP: 3140H6W88<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    310094 | PA      | $293407.55     | 0.00%             | 2048-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FNR 2019-71 P                                                                                                                                          | CUSIP: 3136B6B77<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   7910371 | PA      | $7107854.50    | 0.03%             | 2049-11-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SL1226                                                                                                                                              | CUSIP: 31427NLG2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   7980446 | PA      | $8211519.72    | 0.03%             | 2055-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB3837                                                                                                                                              | CUSIP: 3140QPHP5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  23395258 | PA      | $21943575.82   | 0.08%             | 2052-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB4076                                                                                                                                              | CUSIP: 3140QPQ67<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3361647 | PA      | $3153056.21    | 0.01%             | 2052-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| OASIS SECURITISATION 21-2A                                                                       | OASIS 2025-1A A                                                                                                                                        | CUSIP: 53161AAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  14654000 | PA      | $14761769.91   | 0.05%             | 2039-08-15      | Fixed         | 6.36%                 | Yes           |                  2 | On Loan: No      |
| OASIS SECURITISATION 24-1A                                                                       | OASIS 2024-1A A                                                                                                                                        | CUSIP: 53161XAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4807000 | PA      | $4808892.52    | 0.02%             | 2038-09-30      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| EFMT 2025-RTL1                                                                                   | EFMT 2025-RTL1 A1                                                                                                                                      | CUSIP: 26846FAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10644000 | PA      | $10663867.03   | 0.04%             | 2040-11-25      | Variable      | 5.22%                 | Yes           |                  2 | On Loan: No      |
| Copeland (Emerson Electrics climate control business)                                            | Copeland (Emerson Electrics climate control business) Term Loan B 250 2030-05-01                                                                       | CUSIP: 26872NAC3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   8008366 | PA      | $8023982.51    | 0.03%             | 2030-05-31      | Floating      | 6.07%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BJ9181                                                                                                                                              | CUSIP: 3140HBFX1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1948861 | PA      | $1980712.36    | 0.01%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BK1964                                                                                                                                              | CUSIP: 3140HFFE4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1862809 | PA      | $1809319.15    | 0.01%             | 2048-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MSCI Inc.                                                                                        | MSCI 4 11/15/29 144A                                                                                                                                   | CUSIP: 55354GAH3<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |   4528000 | PA      | $4426990.37    | 0.02%             | 2029-11-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| MVW 2025-2 LLC                                                                                   | MVWOT 2025-2A A                                                                                                                                        | CUSIP: 55389RAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3878575 | PA      | $3870143.93    | 0.01%             | 2044-10-20      | Fixed         | 4.48%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BK2913                                                                                                                                              | CUSIP: 3140HGGX9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1693281 | PA      | $1470368.91    | 0.01%             | 2050-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BK3211                                                                                                                                              | CUSIP: 3140HGR90<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     84932 | PA      | $84299.64      | 0.00%             | 2048-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB4329                                                                                                                                              | CUSIP: 3140QPY35<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1186911 | PA      | $1114651.15    | 0.00%             | 2052-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB4320                                                                                                                                              | CUSIP: 3140QPYS0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2346077 | PA      | $2200320.65    | 0.01%             | 2052-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Mello Mortgage Capital Acceptance 2018-Mtg1                                                      | MELLO 2021-INV3 A11                                                                                                                                    | CUSIP: 585491BC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  11671809 | PA      | $10893944.66   | 0.04%             | 2051-10-25      | Variable      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Mello Mortgage Capital Acceptance 2018-Mtg1                                                      | MELLO 2024-SD1 A1                                                                                                                                      | CUSIP: 58550DAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7328366 | PA      | $7241024.03    | 0.03%             | 2054-04-25      | Variable      | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Copeland (Emerson Electrics climate control business)                                            | Copeland (Emerson Electrics climate control business) Term Loan B (Incremental) 250 2031-06-11                                                         | CUSIP: 26872NAD1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  41161059 | PA      | $41221565.88   | 0.15%             | 2031-08-04      | Floating      | 6.12%                 | No            |                  2 | On Loan: No      |
| Emerson Electric Co.                                                                             | Emerson Electric Co. COM USD0.50                                                                                                                       | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |    250665 | NS      | $33268258.80   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB7112                                                                                                                                              | CUSIP: 3140QS3W9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  21680188 | PA      | $22397501.22   | 0.08%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB6686                                                                                                                                              | CUSIP: 3140QSNC1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2987617 | PA      | $2957250.53    | 0.01%             | 2053-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Finance Of America Structured Securities Tr 2017-HB1                                             | FASST 2025-S1 A1                                                                                                                                       | CUSIP: 31741BAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9699228 | PA      | $9424587.82    | 0.03%             | 2075-02-25      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| Flagstar Mtg Tr 2017-1                                                                           | FSMT 2021-13IN A2                                                                                                                                      | CUSIP: 33853HAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  17221226 | PA      | $15021592.92   | 0.05%             | 2051-12-30      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| MERCHANTS FLEET FUNDING LLC                                                                      | MFF 2025-1A A                                                                                                                                          | CUSIP: 588926AL9<br>LEI: 254900Z2OOQUA5IN2X83 | Long             | ABS-O            | CORP              | US        |   7750000 | PA      | $7771019.66    | 0.03%             | 2039-01-20      | Fixed         | 4.49%                 | Yes           |                  2 | On Loan: No      |
| Monster Beverage Corp                                                                            | Monster Beverage Corp COM USD0.005                                                                                                                     | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |   1961719 | NS      | $150404995.73  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelon Corp.                                                                                     | EXC 5.45 03/15/34                                                                                                                                      | CUSIP: 30161NBN0<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |  17447000 | PA      | $18139971.29   | 0.06%             | 2034-03-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN AL5942                                                                                                                                              | CUSIP: 3138ENS83<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     86327 | PA      | $87808.48      | 0.00%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB7430                                                                                                                                              | CUSIP: 3140QTHG7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6135719 | PA      | $6354345.81    | 0.02%             | 2053-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB8134                                                                                                                                              | CUSIP: 3140QUBC9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  11335737 | PA      | $11710343.83   | 0.04%             | 2054-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FOUNDATION FINANCE TRUST 2025-3                                                                  | FFIN 2025-3A A                                                                                                                                         | CUSIP: 35042TAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  13149971 | PA      | $13187773.75   | 0.05%             | 2052-08-15      | Fixed         | 4.56%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST 2025-SPL1                                         | MSRM 2025-SPL1 A1                                                                                                                                      | CUSIP: 617946AA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10061867 | PA      | $9833931.15    | 0.03%             | 2065-02-25      | Variable      | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Motorola Solutions Inc                                                                           | Motorola Solutions Inc COM USD0.01                                                                                                                     | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |    389844 | NS      | $149435002.08  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN AL6542                                                                                                                                              | CUSIP: 3138EPHU1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3156874 | PA      | $3169166.00    | 0.01%             | 2045-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN AL6842                                                                                                                                              | CUSIP: 3138EPS88<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    548699 | PA      | $532122.29     | 0.00%             | 2045-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB8543                                                                                                                                              | CUSIP: 3140QUP59<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  34136656 | PA      | $35573666.84   | 0.13%             | 2054-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FM3664                                                                                                                                              | CUSIP: 3140X7CA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2234370 | PA      | $2151883.35    | 0.01%             | 2049-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NRG Energy, Inc.                                                                                 | NRG 4.734 10/15/30 144A                                                                                                                                | CUSIP: 629377DA7<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |  21488000 | PA      | $21515225.30   | 0.08%             | 2030-10-15      | Fixed         | 4.73%                 | Yes           |                  2 | On Loan: No      |
| NRG Energy, Inc.                                                                                 | NRG 5.75 01/15/34 144A                                                                                                                                 | CUSIP: 629377DC3<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |  11546000 | PA      | $11663422.82   | 0.04%             | 2034-01-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FM5076                                                                                                                                              | CUSIP: 3140X8UA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1535680 | PA      | $1471623.96    | 0.01%             | 2050-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS0359                                                                                                                                              | CUSIP: 3140XFMH1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  11019068 | PA      | $9486934.72    | 0.03%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN AL6997                                                                                                                                              | CUSIP: 3138EPX33<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    811765 | PA      | $817227.71     | 0.00%             | 2042-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN AL7381                                                                                                                                              | CUSIP: 3138EQFX5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1665359 | PA      | $1662425.45    | 0.01%             | 2045-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NRG Energy, Inc.                                                                                 | NRG 6 01/15/36 144A                                                                                                                                    | CUSIP: 629377DD1<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |  21628000 | PA      | $21914427.39   | 0.08%             | 2036-01-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| NRZ Fht Excess LLC                                                                               | NZES 2021-FHT1 A                                                                                                                                       | CUSIP: 62955MAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3612893 | PA      | $3563126.77    | 0.01%             | 2026-07-25      | Fixed         | 3.10%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN AT2957                                                                                                                                              | CUSIP: 3138WQJB9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1161444 | PA      | $1064016.54    | 0.00%             | 2043-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BF0130                                                                                                                                              | CUSIP: 3140FXEC2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   8469002 | PA      | $7826308.70    | 0.03%             | 2056-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| New Residential Mtg LLC / Nrm Fnt1 Excess LLC                                                    | NZES 2024-FNT1 A                                                                                                                                       | CUSIP: 62956YAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  11484251 | PA      | $11598898.24   | 0.04%             | 2031-11-25      | Variable      | 7.40%                 | Yes           |                  2 | On Loan: No      |
| Netflix, Inc.                                                                                    | Netflix, Inc. COM USD0.001                                                                                                                             | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |   2283769 | NS      | $214126181.44  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| New Economy Assets Phase 1 Issuer LLC                                                            | USRE 2021-1 B1                                                                                                                                         | CUSIP: 643821AB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8554000 | PA      | $5225352.90    | 0.02%             | 2061-10-20      | Fixed         | 2.41%                 | Yes           |                  2 | On Loan: No      |
| Nike, Inc.                                                                                       | Nike, Inc. CLASS'B'COM NPV                                                                                                                             | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |   2381147 | NS      | $151702875.37  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BF0189                                                                                                                                              | CUSIP: 3140FXF72<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    161419 | PA      | $140426.82     | 0.00%             | 2057-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Figre Trust 2023-HE1                                                                             | FIGRE 2025-HE2 A                                                                                                                                       | CUSIP: 31684KAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  11096731 | PA      | $11218224.27   | 0.04%             | 2055-03-25      | Variable      | 5.78%                 | Yes           |                  2 | On Loan: No      |
| NRTH COMMERCIAL MORTGAGE TRUST 2025-PARK                                                         | NRTH 2025-PARK A                                                                                                                                       | CUSIP: 669985AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  20952000 | PA      | $20952210.37   | 0.07%             | 2040-10-15      | Variable      | 5.14%                 | Yes           |                  2 | On Loan: No      |
| NVIDIA Corp.                                                                                     | NVIDIA Corp. COM USD0.001                                                                                                                              | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |   9357651 | NS      | $1745201911.50 | 6.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Figre Trust 2023-HE1                                                                             | FIGRE 2025-HE3 A                                                                                                                                       | CUSIP: 31684LAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  12381108 | PA      | $12505724.85   | 0.04%             | 2055-05-25      | Variable      | 5.56%                 | Yes           |                  2 | On Loan: No      |
| Figre Trust 2023-HE1                                                                             | FIGRE 2025-HE5 A                                                                                                                                       | CUSIP: 31684MAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8561020 | PA      | $8588758.09    | 0.03%             | 2055-08-25      | Variable      | 5.29%                 | Yes           |                  2 | On Loan: No      |
| ONSLOW BAY FINANCIAL                                                                             | OBX 2022-INV1 A1                                                                                                                                       | CUSIP: 67115NAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4158162 | PA      | $3627423.37    | 0.01%             | 2051-12-25      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| ONSLOW BAY FINANCIAL                                                                             | OBX 2022-INV1 A18                                                                                                                                      | CUSIP: 67115NAU4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  11002982 | PA      | $9520934.55    | 0.03%             | 2051-12-25      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FNMA-30YR                                                                                                                                              | CUSIP: 01F030611<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3968000 | PA      | $3509366.66    | 0.01%             | 2051-11-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FNMA-30YR                                                                                                                                              | CUSIP: 01F032625<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2838025 | PA      | $2614902.31    | 0.01%             | 2051-12-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FNMA-30YR                                                                                                                                              | CUSIP: 01F050619<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        | 113725000 | PA      | $113420899.35  | 0.40%             | 2055-06-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FNMA-30YR                                                                                                                                              | CUSIP: 01F052615<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  16859000 | PA      | $17093340.10   | 0.06%             | 2055-04-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| OAK STREET INVESTMENT                                                                            | OAKIG 2020-1A A1                                                                                                                                       | CUSIP: 67181DAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10617703 | PA      | $9765272.19    | 0.03%             | 2050-11-20      | Fixed         | 1.85%                 | Yes           |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                                                                       | OXY 6.625 09/01/30                                                                                                                                     | CUSIP: 674599ED3<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   7296000 | PA      | $7854610.94    | 0.03%             | 2030-09-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| FIGRE TRUST 2025-HE6                                                                             | FIGRE 2025-HE6 A                                                                                                                                       | CUSIP: 31684NAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6732048 | PA      | $6707630.43    | 0.02%             | 2055-09-25      | Variable      | 5.04%                 | Yes           |                  2 | On Loan: No      |
| Figre Trust 2023-HE1                                                                             | FIGRE 2025-HE4 A                                                                                                                                       | CUSIP: 31684PAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5319027 | PA      | $5353028.10    | 0.02%             | 2055-07-25      | Variable      | 5.41%                 | Yes           |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                                                                       | OXY 6.125 01/01/31                                                                                                                                     | CUSIP: 674599EF8<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |  13083000 | PA      | $13827775.94   | 0.05%             | 2031-01-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                                                     | Oracle Corp. COM USD0.01                                                                                                                               | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |    815747 | NS      | $158997247.77  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Government National Mortgage Association                                                         | G2-30YR-Multi                                                                                                                                          | CUSIP: 21H022614<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  32578133 | PA      | $28108413.15   | 0.10%             | 2051-10-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2-30YR-Multi                                                                                                                                          | CUSIP: 21H032613<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  20258806 | PA      | $18431542.73   | 0.07%             | 2055-06-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Figre Trust 2023-HE1                                                                             | FIGRE 2024-HE4 A                                                                                                                                       | CUSIP: 31684UAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9751244 | PA      | $9785711.60    | 0.03%             | 2054-09-25      | Variable      | 5.06%                 | Yes           |                  2 | On Loan: No      |
| FIGRE TRUST 2024-HE2                                                                             | FIGRE 2024-HE2 A                                                                                                                                       | CUSIP: 316927AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7515466 | PA      | $7669649.70    | 0.03%             | 2054-05-25      | Variable      | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2-30YR-Multi                                                                                                                                          | CUSIP: 21H040616<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  11351459 | PA      | $10713620.52   | 0.04%             | 2055-04-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2-30YR-Multi                                                                                                                                          | CUSIP: 21H050615<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  18848683 | PA      | $18796547.54   | 0.07%             | 2055-06-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                                                     | ORCL 5.5 08/03/35                                                                                                                                      | CUSIP: 68389XDA0<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   6388000 | PA      | $6259489.03    | 0.02%             | 2035-08-03      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                                                     | ORCL 5.2 09/26/35                                                                                                                                      | CUSIP: 68389XDM4<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |  19683000 | PA      | $18857903.21   | 0.07%             | 2035-09-26      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                                                                    | F 7.122 11/07/33                                                                                                                                       | CUSIP: 345397D67<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |  10934000 | PA      | $11743809.43   | 0.04%             | 2033-11-07      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC.                                                                           | FABSJV 5.875 01/25/34                                                                                                                                  | CUSIP: 350930AA1<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |  25341000 | PA      | $26023830.98   | 0.09%             | 2034-01-25      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Oracle Corp.                                                                                     | ORCL 5.95 09/26/55                                                                                                                                     | CUSIP: 68389XDR3<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |  16440000 | PA      | $14566073.78   | 0.05%             | 2055-09-26      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                                                     | ORCL 6.1 09/26/65                                                                                                                                      | CUSIP: 68389XDT9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |  21986000 | PA      | $19391486.67   | 0.07%             | 2065-09-26      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC.                                                                           | FABSJV 6.25 01/25/35                                                                                                                                   | CUSIP: 350930AD5<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |   5478000 | PA      | $5808823.65    | 0.02%             | 2035-01-25      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Eli Lilly & Co.                                                                                  | Eli Lilly & Co. COM NPV                                                                                                                                | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |    411625 | NS      | $442365155.00  | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group Inc.                                                                | PNC V5.222 01/29/31                                                                                                                                    | CUSIP: 693475CB9<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   7381000 | PA      | $7636953.52    | 0.03%             | 2031-01-29      | Variable      | 5.22%                 | No            |                  2 | On Loan: No      |
| PRPM 2025-RCF3 LLC                                                                               | PRPM 2025-RCF4 A1                                                                                                                                      | CUSIP: 69382WAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8694006 | PA      | $8602960.86    | 0.03%             | 2055-08-25      | Variable      | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Pret 2021-Rn4 LLC                                                                                | PRET 2025-RPL1 A1                                                                                                                                      | CUSIP: 69392FAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  12054751 | PA      | $11689073.24   | 0.04%             | 2069-07-25      | Variable      | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Pret 2021-Rn4 LLC                                                                                | PRET 2025-RPL2 A1                                                                                                                                      | CUSIP: 69392LAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  12933838 | PA      | $12753322.50   | 0.05%             | 2064-08-25      | Variable      | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Di Issuer Llc                                                                                    | LMDV 2025-1A A2                                                                                                                                        | CUSIP: 538908AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8717000 | PA      | $8745711.19    | 0.03%             | 2055-12-15      | Fixed         | 5.31%                 | Yes           |                  2 | On Loan: No      |
| Blue Owl Credit Income Corp.                                                                     | OCINCC 4.7 02/08/27 *                                                                                                                                  | CUSIP: 69120VAF8<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |   2729000 | PA      | $2718263.05    | 0.01%             | 2027-02-08      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| PRET 2025-RPL5 TRUST                                                                             | PRET 2025-RPL5 A1                                                                                                                                      | CUSIP: 69393AAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  22072051 | PA      | $21681219.22   | 0.08%             | 2070-01-25      | Variable      | 4.15%                 | Yes           |                  2 | On Loan: No      |
| PRPM 2024-RCF2 LLC                                                                               | PRPM 2024-RCF2 A1                                                                                                                                      | CUSIP: 693987AA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4944493 | PA      | $4882307.68    | 0.02%             | 2054-03-25      | Variable      | 3.75%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                              | US T-BOND 30YR                                                                                                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |      5012 | NC      | $-8951752.77   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                                              | US T-NOTE ULTRA 10Y                                                                                                                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |     -4435 | NC      | $3197736.44    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Owl Credit Income Corp.                                                                     | OCINCC 7.95 06/13/28                                                                                                                                   | CUSIP: 69120VBB6<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |   8994000 | PA      | $9510052.79    | 0.03%             | 2028-06-13      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| Eaton Corporation PLC                                                                            | Eaton Corporation PLC COM USD0.01                                                                                                                      | CUSIP: G29183103<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | US        |    554980 | NS      | $176766679.80  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc.                                                                 | Philip Morris International Inc. COM NPV                                                                                                               | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |   1698763 | NS      | $272481585.20  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Priority 1 Issuer Logistics DAC                                                                  | PRPM 2025-RPL4 A1                                                                                                                                      | CUSIP: 74448NAA2<br>LEI: 635400FLODFXG5M9HI42 | Long             | ABS-O            | CORP              | US        |  15928930 | PA      | $15032927.93   | 0.05%             | 2055-05-25      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS0662                                                                                                                                              | CUSIP: 3140XFWY3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  53733922 | PA      | $46229254.80   | 0.16%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS1081                                                                                                                                              | CUSIP: 3140XGFX2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  22043513 | PA      | $18940846.09   | 0.07%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS1184                                                                                                                                              | CUSIP: 3140XGJ67<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3475180 | PA      | $3264680.84    | 0.01%             | 2052-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS1301                                                                                                                                              | CUSIP: 3140XGNT2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3935739 | PA      | $3666556.80    | 0.01%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS1869                                                                                                                                              | CUSIP: 3140XHCF2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5396917 | PA      | $5063289.87    | 0.02%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS2144                                                                                                                                              | CUSIP: 3140XHL21<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  13571016 | PA      | $12745847.15   | 0.05%             | 2052-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS2546                                                                                                                                              | CUSIP: 3140XHZL4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    380481 | PA      | $366434.86     | 0.00%             | 2051-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS2713                                                                                                                                              | CUSIP: 3140XJAP8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   9589554 | PA      | $9518150.57    | 0.03%             | 2050-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS3160                                                                                                                                              | CUSIP: 3140XJQN6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4466220 | PA      | $3994845.69    | 0.01%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS3377                                                                                                                                              | CUSIP: 3140XJXF5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   7988501 | PA      | $7693589.29    | 0.03%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS3713                                                                                                                                              | CUSIP: 3140XKDT4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  24224133 | PA      | $23088585.25   | 0.08%             | 2036-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS5339                                                                                                                                              | CUSIP: 3140XL4Z8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  11212325 | PA      | $10030256.33   | 0.04%             | 2052-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS5130                                                                                                                                              | CUSIP: 3140XLVY1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  48731888 | PA      | $41948215.33   | 0.15%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS5491                                                                                                                                              | CUSIP: 3140XMC53<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  19271805 | PA      | $17237817.08   | 0.06%             | 2052-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS5988                                                                                                                                              | CUSIP: 3140XMUN4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  20501761 | PA      | $17616053.45   | 0.06%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS6926                                                                                                                                              | CUSIP: 3140XNVU5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  56872793 | PA      | $48918227.76   | 0.17%             | 2052-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS8037                                                                                                                                              | CUSIP: 3140XP4X4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6035360 | PA      | $6317239.39    | 0.02%             | 2054-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS7607                                                                                                                                              | CUSIP: 3140XPNZ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5176383 | PA      | $5397137.98    | 0.02%             | 2054-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS7643                                                                                                                                              | CUSIP: 3140XPP52<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  12918548 | PA      | $13515743.90   | 0.05%             | 2054-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CC0839                                                                                                                                              | CUSIP: 3140Y64Z0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  10377104 | PA      | $10734953.53   | 0.04%             | 2055-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN 995757                                                                                                                                              | CUSIP: 31416CE69<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    143925 | PA      | $152462.05     | 0.00%             | 2037-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN AB7563                                                                                                                                              | CUSIP: 31417EMM0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    532799 | PA      | $492833.72     | 0.00%             | 2043-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks                                                                          | FN MA1363                                                                                                                                              | CUSIP: 31418AQR2<br>LEI: 2549001DPIFGXC1TOL40 | Long             | ABS-MBS          | USGSE             | US        |    116551 | PA      | $107480.39     | 0.00%             | 2043-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN MA3521                                                                                                                                              | CUSIP: 31418C4F8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4611365 | PA      | $4441126.96    | 0.02%             | 2048-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FN MA4378                                                                                                                                              | CUSIP: 31418D2L5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  53410877 | PA      | $43551174.07   | 0.15%             | 2051-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FN MA3774                                                                                                                                              | CUSIP: 31418DFQ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   8996182 | PA      | $8071991.06    | 0.03%             | 2049-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FN MA3908                                                                                                                                              | CUSIP: 31418DKW1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    568596 | PA      | $563920.86     | 0.00%             | 2050-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FN MA4079                                                                                                                                              | CUSIP: 31418DQ96<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   7718950 | PA      | $6906918.93    | 0.02%             | 2050-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | GN BB4357                                                                                                                                              | CUSIP: 3617AUZW3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1594989 | PA      | $1533941.52    | 0.01%             | 2047-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | GN BC7161                                                                                                                                              | CUSIP: 3617BA5W9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    225185 | PA      | $216566.46     | 0.00%             | 2047-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 BH3672                                                                                                                                              | CUSIP: 3617H1CH8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    229060 | PA      | $225970.68     | 0.00%             | 2048-05-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 BH3673                                                                                                                                              | CUSIP: 3617H1CJ4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1135621 | PA      | $1114492.57    | 0.00%             | 2048-05-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank, National Association                                                        | CHASE 2021-CL1 M1                                                                                                                                      | CUSIP: 46591HBX7<br>LEI: 7H6GLXDRUGQFU57RNE97 | Long             | ABS-O            | CORP              | US        |  12205628 | PA      | $12099702.55   | 0.04%             | 2050-02-25      | Variable      | 5.07%                 | Yes           |                  2 | On Loan: No      |
| KRE COMMERCIAL MORTGAGE TRUST 2025-                                                              | KRE 2025-AIP4 A                                                                                                                                        | CUSIP: 50077KAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  21828000 | PA      | $21791886.62   | 0.08%             | 2042-03-17      | Variable      | 5.05%                 | Yes           |                  2 | On Loan: No      |
| Texas Commercial Mortgage Trust 2025-Twr                                                         | TEXAS 2025-TWR A                                                                                                                                       | CUSIP: 88231WAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8177000 | PA      | $8166774.20    | 0.03%             | 2042-04-15      | Variable      | 5.04%                 | Yes           |                  2 | On Loan: No      |
| CARLYLE US CLO 2023-2 LTD/LLC                                                                    | CGMS 2023-2A A1R                                                                                                                                       | CUSIP: 14318GAN2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  33655000 | PA      | $33776625.80   | 0.12%             | 2038-07-20      | Variable      | 5.20%                 | Yes           |                  2 | On Loan: No      |
| Cifc Funding 2019-VII Ltd. / Cifc Funding 2019-VII LLC                                           | CIFC 2019-7A A1R                                                                                                                                       | CUSIP: 171935AA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  25667000 | PA      | $25738867.60   | 0.09%             | 2038-10-19      | Variable      | 5.37%                 | Yes           |                  2 | On Loan: No      |
| Constellation Software Inc.                                                                      | CSUCN 5.158 02/16/29 144A                                                                                                                              | CUSIP: 21037XAC4<br>LEI: 549300B6PYHMCTDWQV29 | Long             | DBT              | CORP              | CA        |   6132000 | PA      | $6248884.26    | 0.02%             | 2029-02-16      | Fixed         | 5.16%                 | Yes           |                  2 | On Loan: No      |
| Constellation Software Inc.                                                                      | CSUCN 5.461 02/16/34 144A                                                                                                                              | CUSIP: 21037XAD2<br>LEI: 549300B6PYHMCTDWQV29 | Long             | DBT              | CORP              | CA        |  17820000 | PA      | $17949883.92   | 0.06%             | 2034-02-16      | Fixed         | 5.46%                 | Yes           |                  2 | On Loan: No      |
| CROTON PARK CLO LTD                                                                              | CRTPK 2024-1A A2                                                                                                                                       | CUSIP: 227800AC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  16432000 | PA      | $16468137.25   | 0.06%             | 2036-10-15      | Variable      | 5.46%                 | Yes           |                  2 | On Loan: No      |
| Qnity Electronics                                                                                | Qnity Electronics Term Loan B 200 2032-08-03                                                                                                           | CUSIP: 74737SAB9<br>LEI: 254900RSUG4J9TFFZX53 | Long             | LON              | CORP              | US        |   8013000 | PA      | $8043048.75    | 0.03%             | 2032-11-01      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| WOODWARD CAPITAL MANAGEMENT                                                                      | RCKT 2023-CES1 A1A                                                                                                                                     | CUSIP: 74935WAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3494079 | PA      | $3504532.95    | 0.01%             | 2043-06-25      | Variable      | 6.51%                 | Yes           |                  2 | On Loan: No      |
| Bain Capital Credit CLO 2024-1 Ltd/ LLC                                                          | BCC 2023-3A A1R                                                                                                                                        | CUSIP: 05682CAL1<br>LEI: 254900QJNS3TYDIDQH27 | Long             | ABS-CBDO         | CORP              | KY        |  22259000 | PA      | $22315410.98   | 0.08%             | 2038-10-25      | Variable      | 5.18%                 | Yes           |                  2 | On Loan: No      |
| BARINGS LN PARTNERS CLO LTD 5                                                                    | BABSN LP-5A A                                                                                                                                          | CUSIP: 06764CAA4<br>LEI: 2549006Y8VRIV10TBW72 | Long             | ABS-CBDO         | CORP              | KY        |  24995203 | PA      | $25003808.85   | 0.09%             | 2035-01-22      | Variable      | 5.10%                 | Yes           |                  2 | On Loan: No      |
| WOODWARD CAPITAL MANAGEMENT                                                                      | RCKT 2024-CES5 A1A                                                                                                                                     | CUSIP: 74938KAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  15853391 | PA      | $15980493.27   | 0.06%             | 2044-08-25      | Variable      | 5.85%                 | Yes           |                  2 | On Loan: No      |
| WOODWARD CAPITAL MANAGEMENT                                                                      | RCKT 2024-CES2 A1A                                                                                                                                     | CUSIP: 74938PAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  16714675 | PA      | $16885196.06   | 0.06%             | 2044-04-25      | Variable      | 6.14%                 | Yes           |                  2 | On Loan: No      |
| Benefit Street Partners CLO XV Ltd/Llc                                                           | BSP 2018-15A A1R                                                                                                                                       | CUSIP: 08179MAN9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  36066000 | PA      | $36199004.19   | 0.13%             | 2037-07-15      | Variable      | 5.29%                 | Yes           |                  2 | On Loan: No      |
| Benefit Street Partners CLO IV Ltd.                                                              | BSP 2025-43A A                                                                                                                                         | CUSIP: 08179QAA8<br>LEI: 5493002BNZCV0YE1MG83 | Long             | ABS-CBDO         | CORP              | KY        |  31619000 | PA      | $31686930.26   | 0.11%             | 2038-10-20      | Variable      | 5.19%                 | Yes           |                  2 | On Loan: No      |
| RCKT Mortgage Trust 2025-CES8                                                                    | RCKT 2025-CES8 A1A                                                                                                                                     | CUSIP: 74939WAA8<br>LEI: 254900FCN7EI8DTYGA19 | Long             | ABS-O            | CORP              | US        |  16471791 | PA      | $16545568.32   | 0.06%             | 2055-08-25      | Variable      | 5.15%                 | Yes           |                  2 | On Loan: No      |
| WOODWARD CAPITAL MANAGEMENT                                                                      | RCKT 2024-CES6 A1A                                                                                                                                     | CUSIP: 749410AA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  12749037 | PA      | $12779688.86   | 0.05%             | 2044-09-25      | Variable      | 5.34%                 | Yes           |                  2 | On Loan: No      |
| Elmwood Clo VII Ltd.                                                                             | ELM10 2021-3A AR2                                                                                                                                      | CUSIP: 29002VAW8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  24120000 | PA      | $24197516.86   | 0.09%             | 2038-07-20      | Variable      | 5.18%                 | Yes           |                  2 | On Loan: No      |
| Flutter Treasury Designated Activity Co.                                                         | FLTR 5.875 06/04/31 144A                                                                                                                               | CUSIP: 344045AB5<br>LEI: 635400JE8VLL9UFVIC38 | Long             | DBT              | CORP              | IE        |  10566000 | PA      | $10712867.40   | 0.04%             | 2031-06-04      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| RCKT Mortgage Trust 2024-CES7                                                                    | RCKT 2024-CES7 A1A                                                                                                                                     | CUSIP: 749414AA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  19504925 | PA      | $19558784.22   | 0.07%             | 2044-10-25      | Variable      | 5.16%                 | Yes           |                  2 | On Loan: No      |
| WOODWARD CAPITAL MANAGEMENT                                                                      | RCKT 2024-CES1 A1A                                                                                                                                     | CUSIP: 749424AA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5267249 | PA      | $5310436.73    | 0.02%             | 2044-02-25      | Variable      | 6.03%                 | Yes           |                  2 | On Loan: No      |
| Rckt Mortgage Trust 2025-CES9                                                                    | RCKT 2025-CES9 A1A                                                                                                                                     | CUSIP: 74942JAA2<br>LEI: 254900C7HSSCU34P7S40 | Long             | ABS-O            | CORP              | US        |   6266788 | PA      | $6255705.96    | 0.02%             | 2055-09-25      | Variable      | 4.79%                 | Yes           |                  2 | On Loan: No      |
| Twitter Inc                                                                                      | Twitter Inc                                                                                                                                            | CUSIP: 90184NAK4<br>LEI: 549300I8RX485XMK6836 | Long             | LON              | CORP              | US        |  20774409 | PA      | $20685286.79   | 0.07%             | 2029-10-26      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Uber Technologies Inc                                                                            | Uber Technologies Inc COM USD0.00001                                                                                                                   | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |   2673866 | NS      | $218481590.86  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| United Wholesale Mortgage LLC                                                                    | UWM 2021-INV1 A9                                                                                                                                       | CUSIP: 90354XAJ9<br>LEI: 549300HW662MN1WU8550 | Long             | ABS-O            | CORP              | US        |  11181339 | PA      | $10413611.18   | 0.04%             | 2051-08-25      | Variable      | 4.97%                 | Yes           |                  2 | On Loan: No      |
| United States Treasury Bonds                                                                     | T 4.625 11/15/45                                                                                                                                       | CUSIP: 912810UQ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 238504000 | PA      | $233063127.50  | 0.82%             | 2045-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                                     | T 3.625 10/31/30                                                                                                                                       | CUSIP: 91282CPD7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8762000 | PA      | $8725035.31    | 0.03%             | 2030-10-31      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                                     | T 4 11/15/35                                                                                                                                           | CUSIP: 91282CPJ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 448146200 | PA      | $441704098.38  | 1.56%             | 2035-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                                     | T 3.75 11/30/32                                                                                                                                        | CUSIP: 91282CPM7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 207725000 | PA      | $205323179.69  | 0.72%             | 2032-11-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                                     | T 3.5 11/30/30                                                                                                                                         | CUSIP: 91282CPN5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 725216000 | PA      | $717907186.13  | 2.53%             | 2030-11-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| VASA TRUST                                                                                       | VASA 2021-VASA A                                                                                                                                       | CUSIP: 92230AAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8418000 | PA      | $8211696.59    | 0.03%             | 2039-07-15      | Variable      | 4.77%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BN0012                                                                                                                                              | CUSIP: 3140JGAN5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     46841 | PA      | $46492.27      | 0.00%             | 2048-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BN3899                                                                                                                                              | CUSIP: 3140JLKM5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    684780 | PA      | $659499.53     | 0.00%             | 2048-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BO2983                                                                                                                                              | CUSIP: 3140JXJ58<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    550380 | PA      | $500104.96     | 0.00%             | 2049-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BO3223                                                                                                                                              | CUSIP: 3140JXSM1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    565879 | PA      | $550034.63     | 0.00%             | 2034-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BO4725                                                                                                                                              | CUSIP: 3140K0HB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    571435 | PA      | $547245.34     | 0.00%             | 2034-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BO5957                                                                                                                                              | CUSIP: 3140K1TP1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    340690 | PA      | $330711.01     | 0.00%             | 2034-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BO7717                                                                                                                                              | CUSIP: 3140K3SF0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    264583 | PA      | $257410.19     | 0.00%             | 2034-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BT2256                                                                                                                                              | CUSIP: 3140LQQJ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2026180 | PA      | $1740364.11    | 0.01%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BT8021                                                                                                                                              | CUSIP: 3140LW4F1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2281725 | PA      | $2308107.46    | 0.01%             | 2053-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV2802                                                                                                                                              | CUSIP: 3140MGDG3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4372801 | PA      | $3912303.13    | 0.01%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV2962                                                                                                                                              | CUSIP: 3140MGJG7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    678950 | PA      | $584311.27     | 0.00%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV2965                                                                                                                                              | CUSIP: 3140MGJK8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1624653 | PA      | $1395979.97    | 0.00%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV4144                                                                                                                                              | CUSIP: 3140MHTA7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  10026571 | PA      | $8983634.34    | 0.03%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV4203                                                                                                                                              | CUSIP: 3140MHU56<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1328924 | PA      | $1247569.54    | 0.00%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV5379                                                                                                                                              | CUSIP: 3140MJ6R1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   8844893 | PA      | $7949086.84    | 0.03%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV5380                                                                                                                                              | CUSIP: 3140MJ6S9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   7509495 | PA      | $6727531.38    | 0.02%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV5393                                                                                                                                              | CUSIP: 3140MJ7F6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3797783 | PA      | $3565006.66    | 0.01%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV5394                                                                                                                                              | CUSIP: 3140MJ7G4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6966222 | PA      | $6530856.09    | 0.02%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV5152                                                                                                                                              | CUSIP: 3140MJWN1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1546255 | PA      | $1330299.89    | 0.00%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV8484                                                                                                                                              | CUSIP: 3140MNNA0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1314581 | PA      | $1234006.84    | 0.00%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV8485                                                                                                                                              | CUSIP: 3140MNNB8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2395093 | PA      | $2245407.86    | 0.01%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV8544                                                                                                                                              | CUSIP: 3140MNP67<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3785899 | PA      | $3549011.18    | 0.01%             | 2052-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                                 | FN BW0072                                                                                                                                              | CUSIP: 3140MRCJ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    363539 | PA      | $356903.47     | 0.00%             | 2052-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                                 | FN BW0081                                                                                                                                              | CUSIP: 3140MRCT2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    612341 | PA      | $601163.79     | 0.00%             | 2052-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                                 | FN BW0343                                                                                                                                              | CUSIP: 3140MRLZ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1689140 | PA      | $1658306.69    | 0.01%             | 2052-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BW0972                                                                                                                                              | CUSIP: 3140MSCJ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6649445 | PA      | $6555961.26    | 0.02%             | 2052-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BW1288                                                                                                                                              | CUSIP: 3140MSNE1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2592223 | PA      | $2617853.68    | 0.01%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                                 | FN BW7369                                                                                                                                              | CUSIP: 3140N0FK6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5801759 | PA      | $5870228.77    | 0.02%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BX5759                                                                                                                                              | CUSIP: 3140NAMH3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    797659 | PA      | $802930.44     | 0.00%             | 2053-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BX5969                                                                                                                                              | CUSIP: 3140NAT37<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    934764 | PA      | $945448.10     | 0.00%             | 2053-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BX8071                                                                                                                                              | CUSIP: 3140NC6H7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    482180 | PA      | $486623.71     | 0.00%             | 2053-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BX7860                                                                                                                                              | CUSIP: 3140NCWW5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    315903 | PA      | $325991.49     | 0.00%             | 2053-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                                 | FN BX9351                                                                                                                                              | CUSIP: 3140NEL94<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1066555 | PA      | $1076385.28    | 0.00%             | 2053-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BY0782                                                                                                                                              | CUSIP: 3140NG2Q2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    180700 | PA      | $186785.51     | 0.00%             | 2053-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BY0866                                                                                                                                              | CUSIP: 3140NG6C9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    170027 | PA      | $174662.36     | 0.00%             | 2053-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BY1920                                                                                                                                              | CUSIP: 3140NJD27<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    581278 | PA      | $586596.31     | 0.00%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BY1896                                                                                                                                              | CUSIP: 3140NJDA9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    330992 | PA      | $340015.34     | 0.00%             | 2053-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BY2783                                                                                                                                              | CUSIP: 3140NKCV1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    640220 | PA      | $646033.98     | 0.00%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                                 | FN BY7004                                                                                                                                              | CUSIP: 3140NPYA2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    641494 | PA      | $663884.53     | 0.00%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CA0108                                                                                                                                              | CUSIP: 3140Q7DN4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    643014 | PA      | $608450.76     | 0.00%             | 2047-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CA3683                                                                                                                                              | CUSIP: 3140QBCV8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    261756 | PA      | $259604.80     | 0.00%             | 2049-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CA4035                                                                                                                                              | CUSIP: 3140QBPV4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    411418 | PA      | $408036.48     | 0.00%             | 2049-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CA5327                                                                                                                                              | CUSIP: 3140QC4M5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1871145 | PA      | $1586220.21    | 0.01%             | 2050-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CA4646                                                                                                                                              | CUSIP: 3140QCEU6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2503273 | PA      | $2294626.03    | 0.01%             | 2048-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CA5573                                                                                                                                              | CUSIP: 3140QDFP4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1741614 | PA      | $1668968.17    | 0.01%             | 2050-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CA6635                                                                                                                                              | CUSIP: 3140QELR1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  42892726 | PA      | $37144994.97   | 0.13%             | 2050-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB0044                                                                                                                                              | CUSIP: 3140QKBN7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1733313 | PA      | $1552423.03    | 0.01%             | 2051-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB2681                                                                                                                                              | CUSIP: 3140QM6T6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2064939 | PA      | $1940066.68    | 0.01%             | 2052-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HCA Inc.                                                                                         | HCA 3.625 03/15/32                                                                                                                                     | CUSIP: 404119CK3<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |  10927000 | PA      | $10320881.60   | 0.04%             | 2032-03-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| HCA Inc.                                                                                         | HCA 5.6 04/01/34                                                                                                                                       | CUSIP: 404119CU1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |  16318000 | PA      | $17018364.15   | 0.06%             | 2034-04-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| HCA Healthcare Inc                                                                               | HCA Healthcare Inc COM USD0.01                                                                                                                         | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |    248385 | NS      | $115961021.10  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Health Care Service Corp A Mutual Legal Reserve Co.                                              | HCSERV 2.2 06/01/30 144A                                                                                                                               | CUSIP: 42218SAF5<br>LEI: 549300TMJ1FKCKECR148 | Long             | DBT              | CORP              | US        |  13536000 | PA      | $12290710.74   | 0.04%             | 2030-06-01      | Fixed         | 2.20%                 | Yes           |                  2 | On Loan: No      |
| Health Care Service Corp A Mutual Legal Reserve Co.                                              | HCSERV 5.2 06/15/29 144A                                                                                                                               | CUSIP: 42218SAK4<br>LEI: 549300TMJ1FKCKECR148 | Long             | DBT              | CORP              | US        |  14413000 | PA      | $14773402.40   | 0.05%             | 2029-06-15      | Fixed         | 5.20%                 | Yes           |                  2 | On Loan: No      |
| Health Care Service Corp A Mutual Legal Reserve Co.                                              | HCSERV 5.45 06/15/34 144A                                                                                                                              | CUSIP: 42218SAL2<br>LEI: 549300TMJ1FKCKECR148 | Long             | DBT              | CORP              | US        |  32502000 | PA      | $33274725.62   | 0.12%             | 2034-06-15      | Fixed         | 5.45%                 | Yes           |                  2 | On Loan: No      |
| Hess Midstream Operations LP                                                                     | HESM 4.25 02/15/30 144A                                                                                                                                | CUSIP: 428102AE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  15799000 | PA      | $15452777.55   | 0.05%             | 2030-02-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Hess Midstream Operations LP                                                                     | HESM 5.125 06/15/28 144A                                                                                                                               | CUSIP: 428104AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  11121000 | PA      | $11165884.36   | 0.04%             | 2028-06-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Home Depot Inc.                                                                                  | Home Depot Inc. COM USD0.05                                                                                                                            | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |    583590 | NS      | $200813319.00  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Homeward Opportunities Fund I Trust                                                              | HOF 2024-RTL1 A1                                                                                                                                       | CUSIP: 43789FAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  26188000 | PA      | $26251859.44   | 0.09%             | 2029-07-25      | Variable      | 7.12%                 | Yes           |                  2 | On Loan: No      |
| HOMEWARD OPPORTUNITIES FD TR 2024-                                                               | HOF 2024-RRTL2 A1                                                                                                                                      | CUSIP: 43789GAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  11602000 | PA      | $11651614.79   | 0.04%             | 2039-09-25      | Variable      | 5.99%                 | Yes           |                  2 | On Loan: No      |
| HOMEWARD OPPORTUNITIES FUND TRUST 2                                                              | HOF 2025-RRTL1 A1                                                                                                                                      | CUSIP: 437919AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  16625000 | PA      | $16709800.80   | 0.06%             | 2040-03-25      | Variable      | 5.48%                 | Yes           |                  2 | On Loan: No      |
| Homeward Opportunities Fund I Trust                                                              | HOF 2025-RRTL2 A1                                                                                                                                      | CUSIP: 437923AA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8497000 | PA      | $8533766.52    | 0.03%             | 2040-09-25      | Variable      | 5.24%                 | Yes           |                  2 | On Loan: No      |
| Howmet Aerospace Inc                                                                             | Howmet Aerospace Inc COM                                                                                                                               | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |    677760 | NS      | $138954355.20  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Hudson's Bay Simon JV Trust                                                                      | HBCT 2015-HB10 A10                                                                                                                                     | CUSIP: 44422PBN1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7602661 | PA      | $7393563.29    | 0.03%             | 2034-08-05      | Fixed         | 4.15%                 | Yes           |                  2 | On Loan: No      |
| Intercontinental Exchange Inc                                                                    | Intercontinental Exchange Inc COM USD0.01                                                                                                              | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |   1174766 | NS      | $190265101.36  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                                                                                       | Intuit Inc COM USD0.01                                                                                                                                 | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |    293129 | NS      | $194174512.18  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc.                                                                          | Intuitive Surgical Inc. COM USD0.001                                                                                                                   | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |    245458 | NS      | $139017592.88  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| JP Morgan Mortgage Trust                                                                         | JPMMT 2025-5MPR A1D                                                                                                                                    | CUSIP: 46593VAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6932733 | PA      | $6960658.47    | 0.02%             | 2055-11-25      | Variable      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                             | JPMorgan Chase & Co. COM USD1.00                                                                                                                       | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |   1291014 | NS      | $415990531.08  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                                                                             | JPM V5.14 01/24/31                                                                                                                                     | CUSIP: 46647PEV4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  21125000 | PA      | $21834664.80   | 0.08%             | 2031-01-24      | Variable      | 5.14%                 | No            |                  2 | On Loan: No      |
| Jane Street Group LLC / JSG Finance Inc.                                                         | JANEST 7.125 04/30/31 144A                                                                                                                             | CUSIP: 47077WAC2<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |  14182000 | PA      | $14901967.81   | 0.05%             | 2031-04-30      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Jane Street Group LLC / JSG Finance Inc.                                                         | JANEST 6.125 11/01/32 144A                                                                                                                             | CUSIP: 47077WAD0<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |  34751000 | PA      | $35361227.56   | 0.12%             | 2032-11-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Jane Street Group LLC / JSG Finance Inc.                                                         | JANEST 6.75 05/01/33 144A                                                                                                                              | CUSIP: 47077WAE8<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |  29124000 | PA      | $30399524.90   | 0.11%             | 2033-05-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Johnson & Johnson                                                                                | Johnson & Johnson COM USD1.00                                                                                                                          | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |   1229154 | NS      | $254373420.30  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp.                                                                                        | KLA Corp. COM USD0.001                                                                                                                                 | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |    199980 | NS      | $242991698.40  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL Holdings Inc.                                                                                | LPLA 6.75 11/17/28                                                                                                                                     | CUSIP: 50212YAH7<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |  30079000 | PA      | $32102804.76   | 0.11%             | 2028-11-17      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| LPL Holdings Inc.                                                                                | LPLA 6 05/20/34                                                                                                                                        | CUSIP: 50212YAK0<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |  19554000 | PA      | $20562770.72   | 0.07%             | 2034-05-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| LPL Holdings Inc.                                                                                | LPLA 5.2 03/15/30                                                                                                                                      | CUSIP: 50212YAL8<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |   8509000 | PA      | $8707531.05    | 0.03%             | 2030-03-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Lam Research Corporation                                                                         | Lam Research Corporation COM NEW                                                                                                                       | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |   1577364 | NS      | $270013169.52  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Lightning Power                                                                                  | Lightning Power Term Loan B 325 2031-07-28                                                                                                             | CUSIP: 53229LAB3<br>LEI: 254900BWCHJ03XRL8K59 | Long             | LON              | CORP              | US        |  27115110 | PA      | $27228451.16   | 0.10%             | 2031-08-18      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| JANUS CAPITAL GROUP INC                                                                          | Janus Henderson Cash Liquidity Fund LLC                                                                                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        | 515032615 | NS      | $515187124.43  | 1.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                                                                         | AOMT 2024-5 A1                                                                                                                                         | CUSIP: 03465YAA5<br>LEI: 25490045FDNHIWZ12934 | Long             | ABS-O            | CORP              | US        |  21886070 | PA      | $21896441.05   | 0.08%             | 2068-07-25      | Variable      | 4.95%                 | Yes           |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                                                                         | AOMT 2025-6 A1                                                                                                                                         | CUSIP: 034937AA0<br>LEI: 254900GRN1I3WMM1H095 | Long             | ABS-O            | CORP              | US        |  17081386 | PA      | $17234857.29   | 0.06%             | 2070-04-25      | Variable      | 5.51%                 | Yes           |                  2 | On Loan: No      |
| Ansley Park Capital 2025-A LLC                                                                   | APARK 2025-A A2                                                                                                                                        | CUSIP: 03637AAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  11670000 | PA      | $11722666.52   | 0.04%             | 2035-04-20      | Fixed         | 4.43%                 | Yes           |                  2 | On Loan: No      |
| Elevance Health Inc.                                                                             | ELV 5.2 02/15/35                                                                                                                                       | CUSIP: 036752BD4<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |  13031000 | PA      | $13310406.01   | 0.05%             | 2035-02-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Aqua Finance Trust 2019-A                                                                        | AQFIT 2021-A A                                                                                                                                         | CUSIP: 03842VAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1707888 | PA      | $1568940.70    | 0.01%             | 2046-07-17      | Fixed         | 1.54%                 | Yes           |                  2 | On Loan: No      |
| BAMLL RE-REMIC TRUST 2024-FRR2                                                                   | BAMLL 2024-FRR2 E                                                                                                                                      | CUSIP: 05493UAJ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6911000 | PA      | $5989570.19    | 0.02%             | 2050-07-27      | Variable      | 1.27%                 | Yes           |                  2 | On Loan: No      |
| Banc Of America Alternative Loan Trust                                                           | BAMLL 2024-FRR4 E                                                                                                                                      | CUSIP: 05493VAJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2077000 | PA      | $2066121.30    | 0.01%             | 2048-11-27      | Variable      | 0.01%                 | Yes           |                  2 | On Loan: No      |
| Banc Of America Alternative Loan Trust                                                           | BAMLL 2024-FRR3 E                                                                                                                                      | CUSIP: 054988AJ9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9329952 | PA      | $8531528.30    | 0.03%             | 2050-01-27      | Variable      | 0.49%                 | Yes           |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                                                               | BX 2019-OC11 C                                                                                                                                         | CUSIP: 05606FAJ2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8218000 | PA      | $7785193.28    | 0.03%             | 2041-12-09      | Fixed         | 3.86%                 | Yes           |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                                                               | BX 2021-LBA AV                                                                                                                                         | CUSIP: 05609BAV1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  14912300 | PA      | $14879219.41   | 0.05%             | 2036-02-15      | Variable      | 4.67%                 | Yes           |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                                                               | BX 2021-LBA AJV                                                                                                                                        | CUSIP: 05609BCD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  18764000 | PA      | $18729630.55   | 0.07%             | 2036-02-15      | Variable      | 4.67%                 | Yes           |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                                                               | BX 2024-AIR2 A                                                                                                                                         | CUSIP: 05613QAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  26045578 | PA      | $26070552.97   | 0.09%             | 2041-10-15      | Variable      | 5.24%                 | Yes           |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                                                              | CAS 2023-R04 1M1                                                                                                                                       | CUSIP: 20754QAA6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   8715070 | PA      | $8867555.23    | 0.03%             | 2043-05-25      | Variable      | 6.17%                 | Yes           |                  2 | On Loan: No      |
| DIAMOND INFRASTRUCTURE FUNDING                                                                   | DNFRA 2021-1A A                                                                                                                                        | CUSIP: 25265LAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  17354000 | PA      | $16868186.92   | 0.06%             | 2049-04-15      | Fixed         | 1.76%                 | Yes           |                  2 | On Loan: No      |
| Capital One Financial Corp.                                                                      | COF V7.964 11/02/34                                                                                                                                    | CUSIP: 254709AT5<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |  12097000 | PA      | $14262311.10   | 0.05%             | 2034-11-02      | Variable      | 7.96%                 | No            |                  2 | On Loan: No      |
| Ecolab Inc.                                                                                      | Ecolab Inc. COM USD1                                                                                                                                   | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |    337507 | NS      | $88602337.64   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| FREMF 2023-K511 MORTGAGE TRUST                                                                   | FREMF 2023-K511 C                                                                                                                                      | CUSIP: 30334FAG5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5263000 | PA      | $4953865.06    | 0.02%             | 2028-11-25      | Variable      | 5.63%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZM5707                                                                                                                                              | CUSIP: 3131Y0KU5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1705322 | PA      | $1604942.62    | 0.01%             | 2048-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZM5865                                                                                                                                              | CUSIP: 3131Y0QS4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     78335 | PA      | $77751.80      | 0.00%             | 2048-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZM5945                                                                                                                                              | CUSIP: 3131Y0TA0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1500030 | PA      | $1456957.03    | 0.01%             | 2048-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZM7182                                                                                                                                              | CUSIP: 3131Y16T2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    521096 | PA      | $517215.61     | 0.00%             | 2048-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZT1145                                                                                                                                              | CUSIP: 3132ADHW1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    613307 | PA      | $612227.10     | 0.00%             | 2044-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZT1167                                                                                                                                              | CUSIP: 3132ADJL3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     16818 | PA      | $16343.74      | 0.00%             | 2045-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD4668                                                                                                                                              | CUSIP: 3132DSFH0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  16787384 | PA      | $17367399.95   | 0.06%             | 2053-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD7023                                                                                                                                              | CUSIP: 3132DUYU5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  15496698 | PA      | $13836240.18   | 0.05%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD8040                                                                                                                                              | CUSIP: 3132DV4Z5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    430950 | PA      | $427406.79     | 0.00%             | 2050-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD7548                                                                                                                                              | CUSIP: 3132DVL52<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  12054152 | PA      | $10396771.36   | 0.04%             | 2051-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD8212                                                                                                                                              | CUSIP: 3132DWDR1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  12564965 | PA      | $10687416.27   | 0.04%             | 2052-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD4009                                                                                                                                              | CUSIP: 3132E0N24<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  10645157 | PA      | $11135337.57   | 0.04%             | 2053-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD4247                                                                                                                                              | CUSIP: 3132E0WG3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  13044806 | PA      | $13751368.05   | 0.05%             | 2053-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD4294                                                                                                                                              | CUSIP: 3132E0XX5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4401796 | PA      | $4545909.03    | 0.02%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks                                                                          | FR QA2159                                                                                                                                              | CUSIP: 31334YMG9<br>LEI: 2549001DPIFGXC1TOL40 | Long             | ABS-MBS          | USGSE             | US        |    760161 | PA      | $673954.76     | 0.00%             | 2049-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN 323282                                                                                                                                              | CUSIP: 31374TCT4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     12243 | PA      | $12460.19      | 0.00%             | 2028-07-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN AL5887                                                                                                                                              | CUSIP: 3138ENRH4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1893918 | PA      | $1901292.51    | 0.01%             | 2044-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BM3282                                                                                                                                              | CUSIP: 3140J7UG8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    188927 | PA      | $178771.93     | 0.00%             | 2047-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BM3912                                                                                                                                              | CUSIP: 3140J8K28<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3794084 | PA      | $3466511.66    | 0.01%             | 2047-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BM7069                                                                                                                                              | CUSIP: 3140JB2B1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  12613503 | PA      | $12243219.88   | 0.04%             | 2050-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR RJ1341                                                                                                                                              | CUSIP: 3142GRP38<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  24858763 | PA      | $25905213.10   | 0.09%             | 2054-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR RJ3021                                                                                                                                              | CUSIP: 3142GTLB0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  41124464 | PA      | $41986560.11   | 0.15%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR RJ4363                                                                                                                                              | CUSIP: 3142GUZ55<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1193735 | PA      | $1230924.10    | 0.00%             | 2055-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC.                                                                           | FABSJV 5.9 01/25/33                                                                                                                                    | CUSIP: 350930AG8<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |   5478000 | PA      | $5731889.74    | 0.02%             | 2033-01-25      | Fixed         | 5.90%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | SLST 2020-2 M1                                                                                                                                         | CUSIP: 35564CGD3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2060505 | PA      | $2049905.17    | 0.01%             | 2060-09-25      | Variable      | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2022-DNA7                                                          | STACR 2023-HQA2 M1A                                                                                                                                    | CUSIP: 35564K2F5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    329284 | PA      | $330136.78     | 0.00%             | 2043-06-25      | Variable      | 5.87%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2022-DNA7                                                          | STACR 2023-HQA3 M1                                                                                                                                     | CUSIP: 35564K3G2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4863179 | PA      | $4879702.19    | 0.02%             | 2043-11-25      | Variable      | 5.72%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2022-DNA7                                                          | STACR 2021-HQA3 M2                                                                                                                                     | CUSIP: 35564KJP5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5220531 | PA      | $5263567.09    | 0.02%             | 2041-09-25      | Variable      | 5.97%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2022-DNA7                                                          | STACR 2021-HQA4 M2                                                                                                                                     | CUSIP: 35564KNS4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  13282882 | PA      | $13454246.53   | 0.05%             | 2041-12-25      | Variable      | 6.22%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2022-DNA7                                                          | STACR 2023-DNA2 M1A                                                                                                                                    | CUSIP: 35564KT58<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3694057 | PA      | $3734488.48    | 0.01%             | 2043-04-27      | Variable      | 5.97%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2022-DNA7                                                          | STACR 2022-HQA1 M1A                                                                                                                                    | CUSIP: 35564KTA7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1384793 | PA      | $1387611.61    | 0.00%             | 2042-03-25      | Variable      | 5.97%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2022-DNA7                                                          | STACR 2022-DNA3 M2                                                                                                                                     | CUSIP: 35564KVE6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4906251 | PA      | $5107984.64    | 0.02%             | 2042-04-25      | Fixed         | 8.42%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2022-DNA7                                                          | STACR 2022-DNA4 M2                                                                                                                                     | CUSIP: 35564KXA2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1549942 | PA      | $1635374.99    | 0.01%             | 2042-05-25      | Fixed         | 9.32%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2022-DNA7                                                          | STACR 2022-DNA5 M2                                                                                                                                     | CUSIP: 35564KYW3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    829508 | PA      | $896535.09     | 0.00%             | 2042-06-25      | Variable      | 10.62%                | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                                    | STACR 2024-DNA2 M1                                                                                                                                     | CUSIP: 35564NCX9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   8190833 | PA      | $8195537.16    | 0.03%             | 2044-05-25      | Variable      | 5.07%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                                    | STACR 2024-DNA3 M1                                                                                                                                     | CUSIP: 35564NEZ2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     55606 | PA      | $55606.19      | 0.00%             | 2044-10-25      | Variable      | 4.87%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                                    | STACR 2025-DNA1 M1                                                                                                                                     | CUSIP: 35564NFZ1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5614247 | PA      | $5612867.39    | 0.02%             | 2045-01-25      | Variable      | 4.92%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                                    | STACR 2025-HQA1 M1                                                                                                                                     | CUSIP: 35564NGZ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  11791417 | PA      | $11784994.67   | 0.04%             | 2045-02-27      | Variable      | 5.02%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                                    | STACR 2025-DNA2 M1                                                                                                                                     | CUSIP: 35564NHZ9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3786392 | PA      | $3786100.03    | 0.01%             | 2045-05-25      | Variable      | 5.07%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                                    | STACR 2025-DNA3 M1                                                                                                                                     | CUSIP: 35564UAR8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4165625 | PA      | $4168068.00    | 0.01%             | 2045-09-25      | Variable      | 4.97%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 MA4068                                                                                                                                              | CUSIP: 36179SQV2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  26271014 | PA      | $23945850.21   | 0.08%             | 2046-11-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 MA5400                                                                                                                                              | CUSIP: 36179T7M1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2544274 | PA      | $2577541.88    | 0.01%             | 2048-08-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 MA5021                                                                                                                                              | CUSIP: 36179TSJ5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    862022 | PA      | $855474.88     | 0.00%             | 2048-02-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 MA5264                                                                                                                                              | CUSIP: 36179TZ57<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   6882136 | PA      | $6622604.02    | 0.02%             | 2048-06-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | GN BD7135                                                                                                                                              | CUSIP: 3617BN4U6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    632122 | PA      | $607928.42     | 0.00%             | 2047-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GLP Capital L.P. and GLP Financing II, Inc.                                                      | GLPI 5.3 01/15/29                                                                                                                                      | CUSIP: 361841AL3<br>LEI: 2549005PXW31DRW8EC44 | Long             | DBT              | CORP              | US        |   1226000 | PA      | $1247339.25    | 0.00%             | 2029-01-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| GLP Capital L.P. and GLP Financing II, Inc.                                                      | GLPI 6.75 12/01/33                                                                                                                                     | CUSIP: 361841AS8<br>LEI: 2549005PXW31DRW8EC44 | Long             | DBT              | CORP              | US        |  13964000 | PA      | $15177108.54   | 0.05%             | 2033-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GLP Capital L.P. and GLP Financing II, Inc.                                                      | GLPI 5.625 09/15/34                                                                                                                                    | CUSIP: 361841AT6<br>LEI: 2549005PXW31DRW8EC44 | Long             | DBT              | CORP              | US        |  14546000 | PA      | $14757620.44   | 0.05%             | 2034-09-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | GN 784059                                                                                                                                              | CUSIP: 3622A2QL9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   7007818 | PA      | $6637080.51    | 0.02%             | 2045-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | GN 784182                                                                                                                                              | CUSIP: 3622A2UF7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   8993780 | PA      | $8944977.64    | 0.03%             | 2046-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST 2025-CES2                                                    | GSMBS 2025-CES2 A1                                                                                                                                     | CUSIP: 36273BAA7<br>LEI: 254900U0V0TUGIF39T29 | Long             | ABS-O            | CORP              | US        |  17962723 | PA      | $18013137.36   | 0.06%             | 2055-09-25      | Variable      | 5.18%                 | Yes           |                  2 | On Loan: No      |
| GS MORTGAGE SECURITIES CORPORATION                                                               | GSMS 2025-800D A                                                                                                                                       | CUSIP: 36273XAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  34333000 | PA      | $34375130.07   | 0.12%             | 2041-11-25      | Variable      | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | GN 625655                                                                                                                                              | CUSIP: 36291EBY6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     38043 | PA      | $40065.30      | 0.00%             | 2034-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GCAT 2023-INV1 TRUST                                                                             | GCAT 2023-INV1 A1                                                                                                                                      | CUSIP: 36830QAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  16679064 | PA      | $16963005.81   | 0.06%             | 2053-08-25      | Variable      | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Genesee & Wyoming                                                                                | Genesee & Wyoming Term Loan B 200 2031-03-25                                                                                                           | CUSIP: 37156QAZ9<br>LEI: G617XSG94Z7G0RMW3L02 | Long             | LON              | CORP              | US        |  37257665 | PA      | $37248350.65   | 0.13%             | 2031-04-10      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                                        | Goldman Sachs Group, Inc. COM USD0.01                                                                                                                  | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |    262652 | NS      | $230871108.00  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                                        | GS V5.536 01/28/36                                                                                                                                     | CUSIP: 38141GC44<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |  21952000 | PA      | $22783459.44   | 0.08%             | 2036-01-28      | Variable      | 5.54%                 | No            |                  2 | On Loan: No      |
| Ballyrock Clo 2018-1 Ltd/ Llc                                                                    | BALLY 2020-14A A1BR                                                                                                                                    | CUSIP: 05874XAN9<br>LEI: 254900GXTF670X967J67 | Long             | ABS-CBDO         | CORP              | KY        |   5292308 | PA      | $5311090.93    | 0.02%             | 2037-07-20      | Variable      | 5.46%                 | Yes           |                  2 | On Loan: No      |
| VICI Properties LP                                                                               | VICI 5.625 04/01/35                                                                                                                                    | CUSIP: 925650AK9<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |  16210000 | PA      | $16553471.91   | 0.06%             | 2035-04-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Vistra Corp                                                                                      | Vistra Corp COM USD0.01                                                                                                                                | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |    423252 | NS      | $68283245.16   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG6693                                                                                                                                              | CUSIP: 3133C7NJ2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5269121 | PA      | $5411708.26    | 0.02%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG7441                                                                                                                                              | CUSIP: 3133C8HS7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3086864 | PA      | $3170397.19    | 0.01%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Mello Mortgage Capital Acceptance 2018-Mtg1                                                      | MELLO 2021-INV2 A11                                                                                                                                    | CUSIP: 58549XBC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9234180 | PA      | $8615193.34    | 0.03%             | 2051-08-25      | Variable      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust 2018-2                                                       | NRZT 2018-2A A1                                                                                                                                        | CUSIP: 64828CAA7<br>LEI: 549300U1MV4J7YQZG974 | Long             | ABS-O            | CORP              | US        |    823507 | PA      | $819520.74     | 0.00%             | 2058-02-25      | Variable      | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust 2012-Lc5                                                   | WFCM 2025-VTT A                                                                                                                                        | CUSIP: 94990GAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  29711000 | PA      | $29941069.11   | 0.11%             | 2038-03-15      | Variable      | 5.10%                 | Yes           |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                                                | WFC V5.244 01/24/31                                                                                                                                    | CUSIP: 95000U3P6<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |  43951000 | PA      | $45512136.44   | 0.16%             | 2031-01-24      | Variable      | 5.24%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                                                              | NRMLT 2024-RTL2 A1                                                                                                                                     | CUSIP: 64831WAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9423000 | PA      | $9527338.05    | 0.03%             | 2039-09-25      | Variable      | 5.44%                 | Yes           |                  2 | On Loan: No      |
| New Residential Advance Recs Trust                                                               | NRZT 2024-NQM2 A1                                                                                                                                      | CUSIP: 64832BAC9<br>LEI: 5493008390ERUXVSGM12 | Long             | ABS-O            | CORP              | US        |  12909236 | PA      | $12943520.95   | 0.05%             | 2064-09-25      | Variable      | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust 2012-Lc5                                                   | WFCM 2021-SAVE A                                                                                                                                       | CUSIP: 95003LAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1495746 | PA      | $1494873.15    | 0.01%             | 2040-02-15      | Variable      | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Wendys Funding Llc                                                                               | WEN 2021-1A A2I                                                                                                                                        | CUSIP: 95058XAK4<br>LEI: 5493009DRVSTWJOXUL48 | Long             | ABS-O            | CORP              | US        |   3577218 | PA      | $3333900.35    | 0.01%             | 2051-06-15      | Fixed         | 2.37%                 | Yes           |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                                                                       | OXY 8.875 07/15/30                                                                                                                                     | CUSIP: 674599EA9<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |  10356000 | PA      | $11974663.51   | 0.04%             | 2030-07-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group Inc.                                                                | PNC Financial Services Group Inc. COM USD5                                                                                                             | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |    667917 | NS      | $139414315.41  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Wendys Funding Llc                                                                               | WEN 2021-1A A2II                                                                                                                                       | CUSIP: 95058XAL2<br>LEI: 5493009DRVSTWJOXUL48 | Long             | ABS-O            | CORP              | US        |   9249100 | PA      | $8256315.25    | 0.03%             | 2051-06-15      | Fixed         | 2.77%                 | Yes           |                  2 | On Loan: No      |
| Wendys Funding Llc                                                                               | WEN 2022-1A A2II                                                                                                                                       | CUSIP: 95058XAP3<br>LEI: 5493009DRVSTWJOXUL48 | Long             | ABS-O            | CORP              | US        |   2337656 | PA      | $2265872.75    | 0.01%             | 2052-03-15      | Fixed         | 4.54%                 | Yes           |                  2 | On Loan: No      |
| PNC Financial Services Group Inc.                                                                | PNC V6.875 10/20/34                                                                                                                                    | CUSIP: 693475BU8<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |  22327000 | PA      | $25265835.36   | 0.09%             | 2034-10-20      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group Inc.                                                                | PNC V5.401 07/23/35                                                                                                                                    | CUSIP: 693475BZ7<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |  23966000 | PA      | $24789298.01   | 0.09%             | 2035-07-23      | Variable      | 5.40%                 | No            |                  2 | On Loan: No      |
| Wendys Funding Llc                                                                               | WEN 2025-1A A2I                                                                                                                                        | CUSIP: 95058XAR9<br>LEI: 5493009DRVSTWJOXUL48 | Long             | ABS-O            | CORP              | US        |  29215000 | PA      | $29166379.99   | 0.10%             | 2055-12-15      | Fixed         | 5.42%                 | Yes           |                  2 | On Loan: No      |
| Western Digital Corp.                                                                            | WDC 4.75 02/15/26                                                                                                                                      | CUSIP: 958102AM7<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |   4400000 | PA      | $4403366.00    | 0.02%             | 2026-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| The Progressive Corporation                                                                      | The Progressive Corporation COM USD1.00                                                                                                                | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |   1296497 | NS      | $295238296.84  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| RCKT MORTGAGE TRUST 2025-CES10                                                                   | RCKT 2025-CES10 A1A                                                                                                                                    | CUSIP: 74939LAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7127066 | PA      | $7128024.96    | 0.03%             | 2055-11-25      | Variable      | 4.89%                 | Yes           |                  2 | On Loan: No      |
| Westgate Resorts 2022-1 Llc                                                                      | WESTR 2022-1A A                                                                                                                                        | CUSIP: 96034JAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    659720 | PA      | $656817.48     | 0.00%             | 2036-08-20      | Fixed         | 1.79%                 | Yes           |                  2 | On Loan: No      |
| Xcel Energy Inc                                                                                  | XEL 5.6 04/15/35                                                                                                                                       | CUSIP: 98389BBE9<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |  12145000 | PA      | $12576960.36   | 0.04%             | 2035-04-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Rckt Mortgage Trust 2024-Ces9                                                                    | RCKT 2024-CES9 A1A                                                                                                                                     | CUSIP: 749426AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3655907 | PA      | $3687369.41    | 0.01%             | 2044-12-25      | Variable      | 5.58%                 | Yes           |                  2 | On Loan: No      |
| Rckt Mortgage Trust 2025-Ces2                                                                    | RCKT 2025-CES2 A1A                                                                                                                                     | CUSIP: 74942BAA9<br>LEI: 2549001985H26N17CK52 | Long             | ABS-O            | CORP              | US        |  10934646 | PA      | $11025737.48   | 0.04%             | 2055-02-25      | Variable      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Zoetis Inc.                                                                                      | Zoetis Inc. COM USD0.01 CL 'A'                                                                                                                         | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |   1447927 | NS      | $182178175.14  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Madison Park Funding LV Ltd / Madison Park Funding LV LLC                                        | MDPK 2022-55A A1R                                                                                                                                      | CUSIP: 55819FAQ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  37139704 | PA      | $37266276.11   | 0.13%             | 2037-07-20      | Variable      | 5.24%                 | Yes           |                  2 | On Loan: No      |
| Rckt Mortgage Trust 2025-CES7                                                                    | RCKT 2025-CES7 A1A                                                                                                                                     | CUSIP: 74943AAA0<br>LEI: 254900E35NYYFOUTHD06 | Long             | ABS-O            | CORP              | US        |   9226172 | PA      | $9310741.70    | 0.03%             | 2055-07-25      | Variable      | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Vantage Data Centers Issuer                                                                      | VDC 2020-2A A2                                                                                                                                         | CUSIP: 92212KAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  11511000 | PA      | $10964190.54   | 0.04%             | 2045-09-15      | Fixed         | 1.99%                 | Yes           |                  2 | On Loan: No      |
| Madison Park Funding Xxxiv Ltd.                                                                  | MDPK 2019-34A A2RR                                                                                                                                     | CUSIP: 55819GAY5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  11944000 | PA      | $11972527.05   | 0.04%             | 2037-10-16      | Variable      | 5.49%                 | Yes           |                  2 | On Loan: No      |
| NCL Corporation Ltd.                                                                             | NCLH 5.875 01/15/31 144A                                                                                                                               | CUSIP: 62886HBY6<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |  38011000 | PA      | $37867181.96   | 0.13%             | 2031-01-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Vertex Pharmaceuticals Incorporated                                                              | Vertex Pharmaceuticals Incorporated COM USD0.01                                                                                                        | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |    388665 | NS      | $176205164.40  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Viper Energy Partners LLC                                                                        | VNOM 4.9 08/01/30                                                                                                                                      | CUSIP: 92764MAA2<br>LEI: 54930010ZZ02MRGRI973 | Long             | DBT              | CORP              | US        |   6297000 | PA      | $6369226.59    | 0.02%             | 2030-08-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| NCL Corporation Ltd.                                                                             | NCLH 6.25 09/15/33 144A                                                                                                                                | CUSIP: 62886HBZ3<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |  23566000 | PA      | $23556076.36   | 0.08%             | 2033-09-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Neuberger Berman Loan Advisers Clo 34 Ltd                                                        | NEUB 2019-32RA A                                                                                                                                       | CUSIP: 64135XAA9<br>LEI: 5493009EGZQAPYYVLD80 | Long             | ABS-CBDO         | CORP              | KY        |  24157798 | PA      | $24242033.83   | 0.09%             | 2039-07-20      | Variable      | 5.64%                 | Yes           |                  2 | On Loan: No      |
| OCP Clo 2017-14 Ltd / LLC                                                                        | OCP 2017-14A A2R                                                                                                                                       | CUSIP: 67097QAQ8<br>LEI: 25490025Q5WQX513IQ05 | Long             | ABS-CBDO         | CORP              | KY        |   7550000 | PA      | $7566914.27    | 0.03%             | 2037-07-20      | Variable      | 5.45%                 | Yes           |                  2 | On Loan: No      |
| OHA Credit Funding 7 Ltd.                                                                        | OAKC 2020-7A A1R2                                                                                                                                      | CUSIP: 67098WAY7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  24903000 | PA      | $24971184.41   | 0.09%             | 2038-07-19      | Variable      | 5.16%                 | Yes           |                  2 | On Loan: No      |
| OCP CLO 2014-6 Ltd.                                                                              | OCP 2025-44A A                                                                                                                                         | CUSIP: 67570UAA0<br>LEI: 2549001TBA76KDJQIQ68 | Long             | ABS-CBDO         | CORP              | KY        |  12300000 | PA      | $12333932.01   | 0.04%             | 2038-10-25      | Variable      | 5.56%                 | Yes           |                  2 | On Loan: No      |
| Octagon Investment Partners XXIV Ltd.                                                            | OCT42 2019-3A A2RR                                                                                                                                     | CUSIP: 67576PBA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2354880 | PA      | $2360028.71    | 0.01%             | 2037-07-15      | Variable      | 5.46%                 | Yes           |                  2 | On Loan: No      |
| Oha Credit Partners Xv Limited                                                                   | OAKC 2021-9A A2R                                                                                                                                       | CUSIP: 67690AAQ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  17357000 | PA      | $17396042.84   | 0.06%             | 2037-10-19      | Variable      | 5.46%                 | Yes           |                  2 | On Loan: No      |
| Voya CLO 2014-4 Ltd                                                                              | VOYA 2024-4A A2                                                                                                                                        | CUSIP: 92920KAC3<br>LEI: 549300JHU3YI1LLL3V27 | Long             | ABS-CBDO         | CORP              | KY        |  10074095 | PA      | $10095866.13   | 0.04%             | 2037-07-20      | Variable      | 5.43%                 | Yes           |                  2 | On Loan: No      |
| Voya CLO 2014-4 Ltd                                                                              | VOYA 2025-4A A1                                                                                                                                        | CUSIP: 92946DAA3<br>LEI: 549300JHU3YI1LLL3V27 | Long             | ABS-CBDO         | CORP              | KY        |   5006000 | PA      | $5020640.05    | 0.02%             | 2038-10-15      | Variable      | 5.19%                 | Yes           |                  2 | On Loan: No      |
| Viper Energy Partners LLC                                                                        | VNOM 5.7 08/01/35                                                                                                                                      | CUSIP: 92764MAB0<br>LEI: 54930010ZZ02MRGRI973 | Long             | DBT              | CORP              | US        |  16748000 | PA      | $17091836.44   | 0.06%             | 2035-08-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Xxxiv Ltd.                                                                  | MDPK 2022-62A A1R2                                                                                                                                     | CUSIP: 55817HAW9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  26531000 | PA      | $26608425.42   | 0.09%             | 2038-07-16      | Variable      | 5.19%                 | Yes           |                  2 | On Loan: No      |
| Madison Park Funding Xxxiv Ltd.                                                                  | MDPK 2025-73A A1                                                                                                                                       | CUSIP: 55823HAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  28500000 | PA      | $28579378.20   | 0.10%             | 2038-10-18      | Variable      | 5.26%                 | Yes           |                  2 | On Loan: No      |
| MAGNETITE 50 LIMITED                                                                             | MAGNE 2025-50A A1                                                                                                                                      | CUSIP: 55956MAA7<br>LEI: 529900LA8YF5OY74OD31 | Long             | ABS-CBDO         | CORP              | KY        |  19768000 | PA      | $19821990.36   | 0.07%             | 2038-07-26      | Variable      | 5.59%                 | Yes           |                  2 | On Loan: No      |
| Janus Henderson Cash Collateral Fund                                                             | Janus Henderson Cash Collateral Fund                                                                                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |   4151624 | NS      | $4151624.00    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                                              | Royal Bank of Canada                                                                                                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | CORP              | US        |   1037906 | PA      | $1037906.00    | 0.00%             | 2026-01-02      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-13

**Name of Applicant:** JANUS INVESTMENT FUND

**Signature:** JESPER NERGAARD

**Name of Signer:** JESPER NERGAARD

**Title:** VP, CFO, TREASURER, AND PRINCIPAL ACCOUNTING OFFICER