# EDGAR Filing Document

**Accession Number:** 0000872649
**File Stem:** 0001752724-25-139100
**Filing Date:** 2025-6
**Character Count:** 297693
**Document Hash:** 43865698d1fbab5864f6ad47b9bffeed
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-139100.hdr.sgml**: 20250613

**ACCESSION NUMBER**: 0001752724-25-139100

**CONFORMED SUBMISSION TYPE**: NPORT-P/A

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20241231

**FILED AS OF DATE**: 20250613

**DATE AS OF CHANGE**: 20250613

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LOOMIS SAYLES FUNDS II
- **CENTRAL INDEX KEY:** 0000872649

**ORGANIZATION NAME:**
- **EIN:** 043113285
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P/A
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06241
- **FILM NUMBER:** 251047635

**BUSINESS ADDRESS:**
- **STREET 1:** 888 BOYLSTON STREET
- **STREET 2:** 8TH FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199
- **BUSINESS PHONE:** 617-449-2810

**MAIL ADDRESS:**
- **STREET 1:** 888 BOYLSTON STREET
- **STREET 2:** 8TH FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LOOMIS SAYLES FUNDS I
- **DATE OF NAME CHANGE:** 20031119

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LOOMIS SAYLES FUNDS
- **DATE OF NAME CHANGE:** 20031015

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LOOMIS SAYLES FUNDS II
- **DATE OF NAME CHANGE:** 20030718

## Series and Classes Contracts Data

### Loomis Sayles Global Allocation Fund (Series ID: S000006698)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000018226 | Class Y      | LSWWX           |
| C000027670 | Class A      | LGMAX           |
| C000027671 | Class C      | LGMCX           |
| C000182249 | Class N      | LGMNX           |

## Nport-Ex

**Portfolio of Investments – as of December 31, 2024 (Unaudited)**

Loomis Sayles Global Allocation Fund

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>**Shares**<br>| **Description** | **Value (†)** |
| **Common Stocks — 67.0% of Net Assets** | **Common Stocks — 67.0% of Net Assets** | **Common Stocks — 67.0% of Net Assets** |
|  | **Canada — 1.6%** | **Canada — 1.6%** |
| 412200 | CGI, Inc. | &nbsp;&nbsp; $45101267 |
|  | **France — 0.9%** | **France — 0.9%** |
| 39533 | LVMH Moet Hennessy Louis Vuitton SE | &nbsp;&nbsp; 26004520 |
|  | **Ireland — 0.8%** | **Ireland — 0.8%** |
| 68680 | Accenture PLC, Class A | &nbsp;&nbsp; 24160937 |
|  | **Japan — 1.6%** | **Japan — 1.6%** |
| 1590861 | Nomura Research Institute Ltd. | &nbsp;&nbsp; 46710137 |
|  | **Netherlands — 1.7%** | **Netherlands — 1.7%** |
| 71755 | ASML Holding NV | &nbsp;&nbsp; 50259657 |
|  | **Sweden — 2.0%** | **Sweden — 2.0%** |
| 3802602 | Atlas Copco AB, Class A | &nbsp;&nbsp; 58033955 |
|  | **Taiwan — 2.4%** | **Taiwan — 2.4%** |
| 2123000 | &nbsp;&nbsp; Taiwan Semiconductor Manufacturing Co. <br> Ltd.<br>| &nbsp;&nbsp; 68997549 |
|  | **United Kingdom — 2.7%** | **United Kingdom — 2.7%** |
| 1267110 | Halma PLC | &nbsp;&nbsp; 42510179 |
| 254920 | London Stock Exchange Group PLC | &nbsp;&nbsp; 35983188 |
|  |  | &nbsp;&nbsp; 78493367 |
|  | **United States — 53.3%** | **United States — 53.3%** |
| 64316 | Adobe, Inc.(a) | &nbsp;&nbsp; 28600039 |
| 458621 | Airbnb, Inc., Class A(a) | &nbsp;&nbsp; 60267386 |
| 457533 | Allison Transmission Holdings, Inc. | &nbsp;&nbsp; 49441016 |
| 506538 | Alphabet, Inc., Class A | &nbsp;&nbsp; 95887643 |
| 487062 | Amazon.com, Inc.(a) | &nbsp;&nbsp; 106856532 |
| 59726 | BlackRock, Inc. | &nbsp;&nbsp; 61225720 |
| 149153 | Builders FirstSource, Inc.(a) | &nbsp;&nbsp; 21318438 |
| 69313 | Costco Wholesale Corp. | &nbsp;&nbsp; 63509422 |
| 145564 | Cummins, Inc. | &nbsp;&nbsp; 50743610 |
| 209738 | Danaher Corp. | &nbsp;&nbsp; 48145358 |
| 105882 | Diamondback Energy, Inc. | &nbsp;&nbsp; 17346648 |
| 75709 | Goldman Sachs Group, Inc. | &nbsp;&nbsp; 43352488 |
| 158866 | Home Depot, Inc. | &nbsp;&nbsp; 61797285 |
| 89207 | IQVIA Holdings, Inc.(a) | &nbsp;&nbsp; 17530068 |
| 207677 | JPMorgan Chase & Co. | &nbsp;&nbsp; 49782254 |
| 149053 | Linde PLC | &nbsp;&nbsp; 62404020 |
| 164667 | Mastercard, Inc., Class A | &nbsp;&nbsp; 86708702 |
| 45665 | Mettler-Toledo International, Inc.(a) | &nbsp;&nbsp; 55879347 |
| 803282 | NVIDIA Corp. | &nbsp;&nbsp; 107872740 |
| 57511 | O'Reilly Automotive, Inc.(a) | &nbsp;&nbsp; 68196544 |
| 105972 | Parker-Hannifin Corp. | &nbsp;&nbsp; 67401371 |
| 130045 | Roper Technologies, Inc. | &nbsp;&nbsp; 67603893 |
| 190690 | S&P Global, Inc. | &nbsp;&nbsp; 94969341 |
| 121745 | Salesforce, Inc. | &nbsp;&nbsp; 40703006 |
| 123537 | Schneider Electric SE | &nbsp;&nbsp; 30755250 |
| 73101 | Trane Technologies PLC | &nbsp;&nbsp; 26999854 |
| 127871 | UnitedHealth Group, Inc. | &nbsp;&nbsp; 64684824 |
| 64270 | Veralto Corp. | &nbsp;&nbsp; 6545899 |
|  |  | &nbsp;&nbsp; 1556528698 |
|  | &nbsp;&nbsp; Total Common Stocks <br>(Identified Cost $1,403,354,866)<br>| &nbsp;&nbsp; 1954290087 |

---

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

---

| | | |
|:---|:---|:---|
| **Principal** <br>**Amount (‡)**<br>| **Description** | **Value (†)** |
| **Bonds and Notes — 31.0%** | **Bonds and Notes — 31.0%** | **Bonds and Notes — 31.0%** |
| **Non-Convertible Bonds — 30.2%** | **Non-Convertible Bonds — 30.2%** | **Non-Convertible Bonds — 30.2%** |
|  | **Argentina — 0.2%** | **Argentina — 0.2%** |
| $9030000 | &nbsp;&nbsp; Argentina Government International Bonds, <br> (Step to 4.750% on 7/09/2027), <br> 4.125%, 7/09/2035(b)<br>| &nbsp;&nbsp; $5988296 |
|  | **Australia — 1.7%** | **Australia — 1.7%** |
| 2990000 | &nbsp;&nbsp; AngloGold Ashanti Holdings PLC, <br> 3.375%, 11/01/2028<br>| &nbsp;&nbsp; 2761871 |
| 5325000 | &nbsp;&nbsp; Australia Government Bonds, <br> 0.500%, 9/21/2026, (AUD)<br>| &nbsp;&nbsp; 3112723 |
| 5540000 | &nbsp;&nbsp; Australia Government Bonds, <br> 3.000%, 11/21/2033, (AUD)<br>| &nbsp;&nbsp; 3093355 |
| 670000 | &nbsp;&nbsp; GAIF Bond Issuer Pty. Ltd., <br> 3.400%, 9/30/2026(c)<br>| &nbsp;&nbsp; 652350 |
| 11515000 | Glencore Funding LLC, 5.634%, 4/04/2034(c) | &nbsp;&nbsp; 11463848 |
| 17585000 | Glencore Funding LLC, 6.500%, 10/06/2033(c) | &nbsp;&nbsp; 18655129 |
| 5000000 | &nbsp;&nbsp; Macquarie Group Ltd., (fixed rate to <br> 1/14/2032, variable rate thereafter), <br> 2.871%, 1/14/2033(c)<br>| &nbsp;&nbsp; 4223790 |
| 11610000 | &nbsp;&nbsp; New South Wales Treasury Corp., <br> 2.000%, 3/08/2033, (AUD)<br>| &nbsp;&nbsp; 5810034 |
| 95000 | &nbsp;&nbsp; Sydney Airport Finance Co. Pty. Ltd., <br> 3.375%, 4/30/2025(c)<br>| &nbsp;&nbsp; 94466 |
|  |  | &nbsp;&nbsp; 49867566 |
|  | **Belgium — 0.1%** | **Belgium — 0.1%** |
| 2745000 | &nbsp;&nbsp; Anheuser-Busch InBev SA, EMTN, <br> 2.000%, 1/23/2035, (EUR)<br>| &nbsp;&nbsp; 2571336 |
|  | **Brazil — 1.1%** | **Brazil — 1.1%** |
| 10000000 | &nbsp;&nbsp; Brazil Government International Bonds, <br> 4.500%, 5/30/2029<br>| &nbsp;&nbsp; 9302036 |
| 5110000 | &nbsp;&nbsp; Brazil Government International Bonds, <br> 6.000%, 10/20/2033<br>| &nbsp;&nbsp; 4769294 |
| 2500000 | &nbsp;&nbsp; Brazil Government International Bonds, <br> 6.125%, 3/15/2034<br>| &nbsp;&nbsp; 2331445 |
| 53,329 <br>(d)<br>| &nbsp;&nbsp; Brazil Notas do Tesouro Nacional, <br> 10.000%, 1/01/2031, (BRL)<br>| &nbsp;&nbsp; 6886095 |
| 25,149 <br>(d)<br>| &nbsp;&nbsp; Brazil Notas do Tesouro Nacional, <br> 10.000%, 1/01/2035, (BRL)<br>| &nbsp;&nbsp; 3060445 |
| 650000 | &nbsp;&nbsp; Centrais Eletricas Brasileiras SA, <br> 4.625%, 2/04/2030(c)<br>| &nbsp;&nbsp; 587010 |
| 575000 | &nbsp;&nbsp; Raizen Fuels Finance SA, <br> 5.300%, 1/20/2027(c)<br>| &nbsp;&nbsp; 570786 |
| 2515000 | Suzano Austria GmbH, 2.500%, 9/15/2028 | &nbsp;&nbsp; 2235601 |
| 550000 | Suzano Austria GmbH, 3.750%, 1/15/2031 | &nbsp;&nbsp; 485399 |
| 1185000 | &nbsp;&nbsp; Suzano Austria GmbH, Series DM3N, <br> 3.125%, 1/15/2032<br>| &nbsp;&nbsp; 983194 |
|  |  | &nbsp;&nbsp; 31211305 |
|  | **Canada — 2.3%** | **Canada — 2.3%** |
| 1235000 | &nbsp;&nbsp; 1011778 BC ULC/New Red Finance, Inc., <br> 4.000%, 10/15/2030(c)<br>| &nbsp;&nbsp; 1104507 |
| 650000 | &nbsp;&nbsp; 1011778 BC ULC/New Red Finance, Inc., <br> 5.625%, 9/15/2029(c)<br>| &nbsp;&nbsp; 640264 |
| 292108 | &nbsp;&nbsp; Air Canada Pass-Through Trust, <br> Series 2015-2, Class A, 4.125%, 6/15/2029(c)<br>| &nbsp;&nbsp; 277865 |
| 620056 | &nbsp;&nbsp; Air Canada Pass-Through Trust, <br> Series 2017-1, Class AA, <br> 3.300%, 7/15/2031(c)<br>| &nbsp;&nbsp; 572293 |
| 505000 | Antares Holdings LP, 3.750%, 7/15/2027(c) | &nbsp;&nbsp; 477810 |
| 1210000 | Antares Holdings LP, 3.950%, 7/15/2026(c) | &nbsp;&nbsp; 1174402 |

---

------

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount (‡)**<br>| **Description** | **Value (†)** |
|  | **Canada — continued** | **Canada — continued** |
| $305000 | Antares Holdings LP, 7.950%, 8/11/2028(c) | &nbsp;&nbsp; $319517 |
| 2835000 | &nbsp;&nbsp; Bell Telephone Co. of Canada or Bell <br> Canada, MTN, 3.600%, 9/29/2027, (CAD)<br>| &nbsp;&nbsp; 1971947 |
| 1735000 | &nbsp;&nbsp; Brookfield Finance I U.K. PLC/Brookfield <br> Finance, Inc., 2.340%, 1/30/2032<br>| &nbsp;&nbsp; 1433485 |
| 1015000 | Brookfield Finance, Inc., 3.900%, 1/25/2028 | &nbsp;&nbsp; 987440 |
| 2715000 | &nbsp;&nbsp; Brookfield Renewable Partners ULC, MTN, <br> 4.250%, 1/15/2029, (CAD)<br>| &nbsp;&nbsp; 1926386 |
| 32260000 | &nbsp;&nbsp; Canada Government Bonds, <br> 4.000%, 8/01/2026, (CAD)<br>| &nbsp;&nbsp; 22804293 |
| 23175000 | &nbsp;&nbsp; Canada Government Bonds, <br> 4.000%, 3/01/2029, (CAD)<br>| &nbsp;&nbsp; 16792665 |
| 4695000 | &nbsp;&nbsp; Enbridge Gas, Inc., MTN, 2.900%, 4/01/2030, <br> (CAD)<br>| &nbsp;&nbsp; 3152471 |
| 4770000 | &nbsp;&nbsp; Enbridge, Inc., MTN, 2.990%, 10/03/2029, <br> (CAD)<br>| &nbsp;&nbsp; 3212122 |
| 2965000 | &nbsp;&nbsp; Federation des Caisses Desjardins du <br> Quebec, (fixed rate to 5/26/2025, variable <br> rate thereafter), 2.856%, 5/26/2030, (CAD)<br>| &nbsp;&nbsp; 2057709 |
| 4670000 | &nbsp;&nbsp; Ontario Power Generation, Inc., MTN, <br> 2.977%, 9/13/2029, (CAD)<br>| &nbsp;&nbsp; 3161546 |
| 2350000 | Province of Quebec, 4.500%, 9/08/2033 | &nbsp;&nbsp; 2282440 |
| 2960000 | &nbsp;&nbsp; Rogers Communications, Inc., <br> 3.300%, 12/10/2029, (CAD)<br>| &nbsp;&nbsp; 1998373 |
| 1580000 | Videotron Ltd., 5.125%, 4/15/2027(c) | &nbsp;&nbsp; 1572254 |
|  |  | &nbsp;&nbsp; 67919789 |
|  | **Chile — 0.6%** | **Chile — 0.6%** |
| 575000 | Antofagasta PLC, 2.375%, 10/14/2030 | &nbsp;&nbsp; 482443 |
| 975000 | Antofagasta PLC, 5.625%, 5/13/2032 | &nbsp;&nbsp; 964635 |
| 510000 | Antofagasta PLC, 6.250%, 5/02/2034(c) | &nbsp;&nbsp; 517863 |
| 2525000 | &nbsp;&nbsp; Banco Santander Chile, <br> 3.177%, 10/26/2031(c)<br>| &nbsp;&nbsp; 2201800 |
| 1005000 | &nbsp;&nbsp; Chile Government International Bonds, <br> 2.550%, 1/27/2032<br>| &nbsp;&nbsp; 840783 |
| 2580000 | Colbun SA, 3.150%, 3/06/2030 | &nbsp;&nbsp; 2298730 |
| 1960000 | &nbsp;&nbsp; Corp. Nacional del Cobre de Chile, <br> 3.000%, 9/30/2029(c)<br>| &nbsp;&nbsp; 1738738 |
| 275000 | &nbsp;&nbsp; Corp. Nacional del Cobre de Chile, <br> 6.300%, 9/08/2053(c)<br>| &nbsp;&nbsp; 268172 |
| 595000 | &nbsp;&nbsp; Empresa Nacional de Telecomunicaciones <br> SA, 3.050%, 9/14/2032(c)<br>| &nbsp;&nbsp; 488360 |
| 647000 | &nbsp;&nbsp; Empresa Nacional del Petroleo, <br> 3.450%, 9/16/2031(c)<br>| &nbsp;&nbsp; 553612 |
| 525000 | Enel Chile SA, 4.875%, 6/12/2028 | &nbsp;&nbsp; 518075 |
| 2690000 | Engie Energia Chile SA, 3.400%, 1/28/2030 | &nbsp;&nbsp; 2373238 |
| 1075000 | Engie Energia Chile SA, 6.375%, 4/17/2034(c) | &nbsp;&nbsp; 1083579 |
| 990000 | &nbsp;&nbsp; Sociedad Quimica y Minera de Chile SA, <br> 5.500%, 9/10/2034(c)<br>| &nbsp;&nbsp; 937906 |
| 870000 | &nbsp;&nbsp; Sociedad Quimica y Minera de Chile SA, <br> 6.500%, 11/07/2033(c)<br>| &nbsp;&nbsp; 900728 |
| 1120000 | Transelec SA, 4.250%, 1/14/2025(c) | &nbsp;&nbsp; 1116931 |
|  |  | &nbsp;&nbsp; 17285593 |
|  | **China — 0.0%** | **China — 0.0%** |
| 625000 | Tencent Holdings Ltd., 2.880%, 4/22/2031(c) | &nbsp;&nbsp; 546738 |
|  | **Colombia — 0.6%** | **Colombia — 0.6%** |
| 4480000 | &nbsp;&nbsp; Colombia Government International Bonds, <br> 3.125%, 4/15/2031<br>| &nbsp;&nbsp; 3554880 |
| 1280000 | &nbsp;&nbsp; Colombia Government International Bonds, <br> 7.500%, 2/02/2034<br>| &nbsp;&nbsp; 1258880 |
| 555000 | &nbsp;&nbsp; Colombia Government International Bonds, <br> 7.750%, 11/07/2036<br>| &nbsp;&nbsp; 542735 |

---

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount (‡)**<br>| **Description** | **Value (†)** |
|  | **Colombia — continued** | **Colombia — continued** |
| 7073300000 | Colombia TES, 6.250%, 11/26/2025, (COP) | &nbsp;&nbsp; $1571011 |
| 29559900000 | Colombia TES, 7.500%, 8/26/2026, (COP) | &nbsp;&nbsp; 6530428 |
| 2536000 | Ecopetrol SA, 5.875%, 5/28/2045 | &nbsp;&nbsp; 1747115 |
| 1300000 | &nbsp;&nbsp; Empresas Publicas de Medellin ESP, <br> 4.250%, 7/18/2029(c)<br>| &nbsp;&nbsp; 1158637 |
|  |  | &nbsp;&nbsp; 16363686 |
|  | **Denmark — 0.2%** | **Denmark — 0.2%** |
| 2135000 | &nbsp;&nbsp; Danske Bank AS, EMTN, (fixed rate to <br> 6/21/2029, variable rate thereafter), <br> 4.750%, 6/21/2030, (EUR)<br>| &nbsp;&nbsp; 2360053 |
| 2055000 | Orsted AS, EMTN, 2.125%, 5/17/2027, (GBP) | &nbsp;&nbsp; 2412614 |
|  |  | &nbsp;&nbsp; 4772667 |
|  | **Dominican Republic — 0.2%** | **Dominican Republic — 0.2%** |
| 2160000 | &nbsp;&nbsp; Dominican Republic International Bonds, <br> 4.500%, 1/30/2030(c)<br>| &nbsp;&nbsp; 1975320 |
| 1155000 | &nbsp;&nbsp; Dominican Republic International Bonds, <br> 4.875%, 9/23/2032(c)<br>| &nbsp;&nbsp; 1030260 |
| 590000 | &nbsp;&nbsp; Dominican Republic International Bonds, <br> 5.950%, 1/25/2027(c)<br>| &nbsp;&nbsp; 586731 |
| 995000 | &nbsp;&nbsp; Dominican Republic International Bonds, <br> 6.000%, 7/19/2028(c)<br>| &nbsp;&nbsp; 986274 |
| 425000 | &nbsp;&nbsp; Dominican Republic International Bonds, <br> 8.625%, 4/20/2027(c)<br>| &nbsp;&nbsp; 435625 |
|  |  | &nbsp;&nbsp; 5014210 |
|  | **France — 0.2%** | **France — 0.2%** |
| 205000 | BNP Paribas SA, 4.375%, 5/12/2026(c) | &nbsp;&nbsp; 202736 |
| 1190000 | &nbsp;&nbsp; BNP Paribas SA, (fixed rate to 1/09/2029, <br> variable rate thereafter), <br> 5.176%, 1/09/2030(c)<br>| &nbsp;&nbsp; 1186061 |
| 1410000 | &nbsp;&nbsp; Electricite de France SA, <br> 4.875%, 9/21/2038(c)<br>| &nbsp;&nbsp; 1258270 |
| 1400000 | Engie SA, 1.250%, 10/24/2041, (EUR) | &nbsp;&nbsp; 962755 |
| 1015000 | Societe Generale SA, 4.750%, 11/24/2025(c) | &nbsp;&nbsp; 1009515 |
| 1485000 | &nbsp;&nbsp; Societe Generale SA, (fixed rate to <br> 1/19/2034, variable rate thereafter), <br> 6.066%, 1/19/2035(c)<br>| &nbsp;&nbsp; 1465873 |
|  |  | &nbsp;&nbsp; 6085210 |
|  | **Germany — 0.2%** | **Germany — 0.2%** |
| 1635000 | &nbsp;&nbsp; Deutsche Bank AG, (fixed rate to 1/07/2027, <br> variable rate thereafter), 2.552%, 1/07/2028<br>| &nbsp;&nbsp; 1555203 |
| 2265000 | &nbsp;&nbsp; Mercedes-Benz Finance North <br> America LLC, 4.800%, 8/01/2029(c)<br>| &nbsp;&nbsp; 2232332 |
| 1450000 | &nbsp;&nbsp; Siemens Financieringsmaatschappij NV, <br> 2.350%, 10/15/2026(c)<br>| &nbsp;&nbsp; 1395703 |
| 340000 | &nbsp;&nbsp; ZF North America Capital, Inc., <br> 6.750%, 4/23/2030(c)<br>| &nbsp;&nbsp; 327058 |
| 250000 | &nbsp;&nbsp; ZF North America Capital, Inc., <br> 6.875%, 4/14/2028(c)<br>| &nbsp;&nbsp; 250540 |
| 690000 | &nbsp;&nbsp; ZF North America Capital, Inc., <br> 6.875%, 4/23/2032(c)<br>| &nbsp;&nbsp; 654287 |
| 265000 | &nbsp;&nbsp; ZF North America Capital, Inc., <br> 7.125%, 4/14/2030(c)<br>| &nbsp;&nbsp; 260111 |
|  |  | &nbsp;&nbsp; 6675234 |
|  | **Guatemala — 0.0%** | **Guatemala — 0.0%** |
| 1050000 | CT Trust, 5.125%, 2/03/2032(c) | &nbsp;&nbsp; 937576 |
|  | **India — 0.3%** | **India — 0.3%** |
| 2940000 | Bharti Airtel Ltd., 3.250%, 6/03/2031 | &nbsp;&nbsp; 2594086 |
| 2790000 | &nbsp;&nbsp; Export-Import Bank of India, <br> 2.250%, 1/13/2031(c)<br>| &nbsp;&nbsp; 2352766 |

---

------

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount (‡)**<br>| **Description** | **Value (†)** |
|  | **India — continued** | **India — continued** |
| $1250000 | &nbsp;&nbsp; Power Finance Corp. Ltd., <br> 3.950%, 4/23/2030(c)<br>| &nbsp;&nbsp; $1162225 |
| 2400000 | Shriram Finance Ltd., 4.150%, 7/18/2025(c) | &nbsp;&nbsp; 2372856 |
|  |  | &nbsp;&nbsp; 8481933 |
|  | **Indonesia — 0.2%** | **Indonesia — 0.2%** |
| 43840000000 | &nbsp;&nbsp; Indonesia Treasury Bonds, <br> 7.000%, 9/15/2030, (IDR)<br>| &nbsp;&nbsp; 2716282 |
| 50092000000 | &nbsp;&nbsp; Indonesia Treasury Bonds, <br> 7.500%, 5/15/2038, (IDR)<br>| &nbsp;&nbsp; 3203616 |
|  |  | &nbsp;&nbsp; 5919898 |
|  | **Ireland — 0.3%** | **Ireland — 0.3%** |
| 3245000 | &nbsp;&nbsp; AerCap Ireland Capital DAC/AerCap Global <br> Aviation Trust, 3.300%, 1/30/2032<br>| &nbsp;&nbsp; 2827431 |
| 2325000 | &nbsp;&nbsp; AIB Group PLC, (fixed rate to 9/13/2028, <br> variable rate thereafter), <br> 6.608%, 9/13/2029(c)<br>| &nbsp;&nbsp; 2430005 |
| 3710000 | &nbsp;&nbsp; Ireland Government Bonds, Zero Coupon, <br> 0.029%, 10/18/2031, (EUR)(e)<br>| &nbsp;&nbsp; 3249693 |
|  |  | &nbsp;&nbsp; 8507129 |
|  | **Israel — 1.0%** | **Israel — 1.0%** |
| 1405000 | &nbsp;&nbsp; Israel Electric Corp. Ltd., GMTN, <br> 3.750%, 2/22/2032<br>| &nbsp;&nbsp; 1221094 |
| 2750000 | &nbsp;&nbsp; Teva Pharmaceutical Finance Co. LLC, <br> 6.150%, 2/01/2036<br>| &nbsp;&nbsp; 2755423 |
| 4570000 | &nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands <br> III BV, 3.150%, 10/01/2026<br>| &nbsp;&nbsp; 4391299 |
| 13681000 | &nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands <br> III BV, 4.100%, 10/01/2046<br>| &nbsp;&nbsp; 9835265 |
| 2700000 | &nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands <br> III BV, 4.750%, 5/09/2027<br>| &nbsp;&nbsp; 2634718 |
| 510000 | &nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands <br> III BV, 5.125%, 5/09/2029<br>| &nbsp;&nbsp; 498025 |
| 4415000 | &nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands <br> III BV, 7.875%, 9/15/2029<br>| &nbsp;&nbsp; 4758240 |
| 3170000 | &nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands <br> III BV, 8.125%, 9/15/2031<br>| &nbsp;&nbsp; 3542979 |
|  |  | &nbsp;&nbsp; 29637043 |
|  | **Italy — 0.7%** | **Italy — 0.7%** |
| 200000 | Intesa Sanpaolo SpA, 5.710%, 1/15/2026(c) | &nbsp;&nbsp; 200028 |
| 2225000 | Intesa Sanpaolo SpA, 6.625%, 6/20/2033(c) | &nbsp;&nbsp; 2326332 |
| 8325000 | &nbsp;&nbsp; Italy Buoni Poliennali Del Tesoro, <br> 3.350%, 7/01/2029, (EUR)<br>| &nbsp;&nbsp; 8820788 |
| 2305000 | &nbsp;&nbsp; Italy Buoni Poliennali Del Tesoro, <br> 3.850%, 9/15/2026, (EUR)<br>| &nbsp;&nbsp; 2445414 |
| 1145000 | &nbsp;&nbsp; Italy Buoni Poliennali Del Tesoro, <br> 3.850%, 7/01/2034, (EUR)<br>| &nbsp;&nbsp; 1224484 |
| 830000 | &nbsp;&nbsp; UniCredit SpA, (fixed rate to 4/02/2029, <br> variable rate thereafter), <br> 7.296%, 4/02/2034(c)<br>| &nbsp;&nbsp; 867139 |
| 705000 | &nbsp;&nbsp; UniCredit SpA, (fixed rate to 6/03/2031, <br> variable rate thereafter), <br> 3.127%, 6/03/2032(c)<br>| &nbsp;&nbsp; 611671 |
| 1460000 | &nbsp;&nbsp; UniCredit SpA, (fixed rate to 6/19/2027, <br> variable rate thereafter), <br> 5.861%, 6/19/2032(c)<br>| &nbsp;&nbsp; 1459854 |

---

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount (‡)**<br>| **Description** | **Value (†)** |
|  | **Italy — continued** | **Italy — continued** |
| $410000 | &nbsp;&nbsp; UniCredit SpA, (fixed rate to 6/30/2030, <br> variable rate thereafter), <br> 5.459%, 6/30/2035(c)<br>| &nbsp;&nbsp; $395896 |
| 545000 | &nbsp;&nbsp; UniCredit SpA, EMTN, (fixed rate to <br> 7/22/2026, variable rate thereafter), <br> 2.200%, 7/22/2027, (EUR)<br>| &nbsp;&nbsp; 558340 |
|  |  | &nbsp;&nbsp; 18909946 |
|  | **Japan — 0.6%** | **Japan — 0.6%** |
| 1,080,312,800 <br>(f)<br>| &nbsp;&nbsp; Japan Government CPI-Linked Bonds, <br> 0.100%, 3/10/2028, (JPY)<br>| &nbsp;&nbsp; 7130222 |
| 656950000 | &nbsp;&nbsp; Japan Government Ten Year Bonds, <br> 1.100%, 6/20/2034, (JPY)<br>| &nbsp;&nbsp; 4190251 |
| 2020000 | &nbsp;&nbsp; Mizuho Financial Group, Inc., <br> 2.564%, 9/13/2031<br>| &nbsp;&nbsp; 1689914 |
| 2000000 | Nomura Holdings, Inc., 1.851%, 7/16/2025 | &nbsp;&nbsp; 1966785 |
| 2385000 | Nomura Holdings, Inc., 2.710%, 1/22/2029 | &nbsp;&nbsp; 2165814 |
| 1200000 | &nbsp;&nbsp; Sumitomo Mitsui Financial Group, Inc., <br> 5.766%, 1/13/2033<br>| &nbsp;&nbsp; 1234617 |
|  |  | &nbsp;&nbsp; 18377603 |
|  | **Korea — 0.7%** | **Korea — 0.7%** |
| 1060000 | Kia Corp., 2.750%, 2/14/2027(c) | &nbsp;&nbsp; 1013392 |
| 1515000 | &nbsp;&nbsp; Korea East-West Power Co. Ltd., <br> 1.750%, 5/06/2025(c)<br>| &nbsp;&nbsp; 1499139 |
| 4500000000 | &nbsp;&nbsp; Korea Treasury Bonds, 1.125%, 9/10/2025, <br> (KRW)<br>| &nbsp;&nbsp; 3026669 |
| 13130550000 | &nbsp;&nbsp; Korea Treasury Bonds, 1.500%, 12/10/2030, <br> (KRW)<br>| &nbsp;&nbsp; 8221875 |
| 4450000000 | &nbsp;&nbsp; Korea Treasury Bonds, 3.500%, 9/10/2028, <br> (KRW)<br>| &nbsp;&nbsp; 3095187 |
| 770000 | Shinhan Bank Co. Ltd., 3.875%, 3/24/2026(c) | &nbsp;&nbsp; 757956 |
| 2765000 | SK Hynix, Inc., 2.375%, 1/19/2031(c) | &nbsp;&nbsp; 2316735 |
| 200000 | SK Hynix, Inc., 6.375%, 1/17/2028(c) | &nbsp;&nbsp; 206207 |
| 140000 | SK Telecom Co. Ltd., 6.625%, 7/20/2027(c) | &nbsp;&nbsp; 145515 |
|  |  | &nbsp;&nbsp; 20282675 |
|  | **Luxembourg — 0.2%** | **Luxembourg — 0.2%** |
| 920000 | ArcelorMittal SA, 6.750%, 3/01/2041 | &nbsp;&nbsp; 946446 |
| 1905000 | &nbsp;&nbsp; Blackstone Property Partners Europe <br> Holdings SARL, EMTN, 1.625%, 4/20/2030, <br> (EUR)<br>| &nbsp;&nbsp; 1759389 |
| 280000 | &nbsp;&nbsp; Logicor Financing SARL, EMTN, <br> 0.875%, 1/14/2031, (EUR)<br>| &nbsp;&nbsp; 247179 |
| 1490000 | &nbsp;&nbsp; Logicor Financing SARL, EMTN, <br> 1.625%, 1/17/2030, (EUR)<br>| &nbsp;&nbsp; 1402441 |
| 955000 | &nbsp;&nbsp; Logicor Financing SARL, EMTN, <br> 2.000%, 1/17/2034, (EUR)<br>| &nbsp;&nbsp; 840178 |
|  |  | &nbsp;&nbsp; 5195633 |
|  | **Mexico — 1.7%** | **Mexico — 1.7%** |
| 620000 | Alfa SAB de CV, 6.875%, 3/25/2044 | &nbsp;&nbsp; 645891 |
| 770000 | &nbsp;&nbsp; America Movil SAB de CV, <br> 2.125%, 3/10/2028, (EUR)<br>| &nbsp;&nbsp; 782718 |
| 860000 | America Movil SAB de CV, 2.875%, 5/07/2030 | &nbsp;&nbsp; 767004 |
| 730000 | &nbsp;&nbsp; Banco Santander Mexico SA Institucion de <br> Banca Multiple Grupo Financiero Santand, <br> 5.375%, 4/17/2025(c)<br>| &nbsp;&nbsp; 729409 |
| 1950000 | Cemex SAB de CV, 3.875%, 7/11/2031(c) | &nbsp;&nbsp; 1699649 |
| 1990000 | Cemex SAB de CV, 5.200%, 9/17/2030(c) | &nbsp;&nbsp; 1904501 |
| 855000 | Cemex SAB de CV, 5.450%, 11/19/2029 | &nbsp;&nbsp; 843478 |
| 810000 | &nbsp;&nbsp; Cemex SAB de CV, (fixed rate to 6/08/2026, <br> variable rate thereafter), 5.125%(c)(g)<br>| &nbsp;&nbsp; 793487 |

---

------

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount (‡)**<br>| **Description** | **Value (†)** |
|  | **Mexico — continued** | **Mexico — continued** |
| $1775000 | &nbsp;&nbsp; Coca-Cola Femsa SAB de CV, <br> 2.750%, 1/22/2030<br>| &nbsp;&nbsp; $1589477 |
| 10000000 | &nbsp;&nbsp; Grupo Televisa SAB, EMTN, <br> 7.250%, 5/14/2043, (MXN)<br>| &nbsp;&nbsp; 276816 |
| 1515000 | &nbsp;&nbsp; Kimberly-Clark de Mexico SAB de CV, <br> 2.431%, 7/01/2031<br>| &nbsp;&nbsp; 1283909 |
| 840000 | &nbsp;&nbsp; Kimberly-Clark de Mexico SAB de CV, <br> 2.431%, 7/01/2031(c)<br>| &nbsp;&nbsp; 711870 |
| 1,707,184 <br>(h)<br>| Mexico Bonos, 5.750%, 3/05/2026, (MXN) | &nbsp;&nbsp; 7810586 |
| 724,558 <br>(h)<br>| Mexico Bonos, 7.500%, 6/03/2027, (MXN) | &nbsp;&nbsp; 3298058 |
| 1,064,466 <br>(h)<br>| Mexico Bonos, 8.500%, 5/31/2029, (MXN) | &nbsp;&nbsp; 4836630 |
| 637,836 <br>(h)<br>| Mexico Bonos, 8.500%, 11/18/2038, (MXN) | &nbsp;&nbsp; 2605947 |
| 2665000 | &nbsp;&nbsp; Mexico Government International Bonds, <br> 3.250%, 4/16/2030<br>| &nbsp;&nbsp; 2318063 |
| 1880000 | &nbsp;&nbsp; Mexico Government International Bonds, <br> 3.500%, 2/12/2034<br>| &nbsp;&nbsp; 1495569 |
| 196000 | &nbsp;&nbsp; Mexico Government International Bonds, <br> 4.000%, 3/15/2115, (EUR)<br>| &nbsp;&nbsp; 146120 |
| 810000 | &nbsp;&nbsp; Mexico Government International Bonds, <br> 4.875%, 5/19/2033<br>| &nbsp;&nbsp; 724955 |
| 10000000 | &nbsp;&nbsp; Mexico Government International Bonds, <br> 5.000%, 5/07/2029<br>| &nbsp;&nbsp; 9645143 |
| 750000 | &nbsp;&nbsp; Mexico Government International Bonds, <br> 6.000%, 5/07/2036<br>| &nbsp;&nbsp; 705774 |
| 350000 | &nbsp;&nbsp; Mexico Government International Bonds, <br> 6.338%, 5/04/2053<br>| &nbsp;&nbsp; 311436 |
| 1850000 | &nbsp;&nbsp; Orbia Advance Corp. SAB de CV, <br> 1.875%, 5/11/2026(c)<br>| &nbsp;&nbsp; 1747048 |
| 1240000 | &nbsp;&nbsp; Orbia Advance Corp. SAB de CV, <br> 4.000%, 10/04/2027<br>| &nbsp;&nbsp; 1180318 |
| 2090000 | &nbsp;&nbsp; Sigma Finance Netherlands BV, <br> 4.875%, 3/27/2028<br>| &nbsp;&nbsp; 2057111 |
|  |  | &nbsp;&nbsp; 50910967 |
|  | **Morocco — 0.1%** | **Morocco — 0.1%** |
| 3310000 | OCP SA, 6.750%, 5/02/2034(c) | &nbsp;&nbsp; 3372890 |
|  | **Netherlands — 0.1%** | **Netherlands — 0.1%** |
| 870000 | &nbsp;&nbsp; Cooperatieve Rabobank UA, <br> 4.375%, 8/04/2025<br>| &nbsp;&nbsp; 865693 |
| 1725000 | &nbsp;&nbsp; ING Groep NV, (fixed rate to 7/01/2025, <br> variable rate thereafter), <br> 1.400%, 7/01/2026(c)<br>| &nbsp;&nbsp; 1694542 |
| 1800000 | &nbsp;&nbsp; Netherlands Government Bonds, Zero <br> Coupon, 2.523%, 1/15/2029, (EUR)(e)<br>| &nbsp;&nbsp; 1704732 |
|  |  | &nbsp;&nbsp; 4264967 |
|  | **New Zealand — 0.5%** | **New Zealand — 0.5%** |
| 4200000 | &nbsp;&nbsp; Fonterra Co-Operative Group Ltd., MTN, <br> 3.750%, 6/16/2026, (AUD)<br>| &nbsp;&nbsp; 2567745 |
| 700000 | &nbsp;&nbsp; Fonterra Co-Operative Group Ltd., MTN, <br> 4.000%, 11/02/2027, (AUD)<br>| &nbsp;&nbsp; 425068 |
| 6310000 | &nbsp;&nbsp; New Zealand Government Bonds, <br> 1.500%, 5/15/2031, (NZD)<br>| &nbsp;&nbsp; 3023120 |
| 15075000 | &nbsp;&nbsp; New Zealand Government Bonds, <br> 3.000%, 4/20/2029, (NZD)<br>| &nbsp;&nbsp; 8182610 |
|  |  | &nbsp;&nbsp; 14198543 |
|  | **Norway — 0.3%** | **Norway — 0.3%** |
| 1215000 | Aker BP ASA, 6.000%, 6/13/2033(c) | &nbsp;&nbsp; 1220276 |
| 2790000 | Equinor ASA, 3.625%, 4/06/2040 | &nbsp;&nbsp; 2254117 |
| 16500000 | &nbsp;&nbsp; Norway Government Bonds, <br> 1.500%, 2/19/2026, (NOK)<br>| &nbsp;&nbsp; 1409183 |

---

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount (‡)**<br>| **Description** | **Value (†)** |
|  | **Norway — continued** | **Norway — continued** |
| 33750000 | &nbsp;&nbsp; Norway Government Bonds, <br> 1.750%, 2/17/2027, (NOK)<br>| &nbsp;&nbsp; $2838482 |
| 455000 | Var Energi ASA, 8.000%, 11/15/2032(c) | &nbsp;&nbsp; 509533 |
|  |  | &nbsp;&nbsp; 8231591 |
|  | **Paraguay — 0.1%** | **Paraguay — 0.1%** |
| 1420000 | &nbsp;&nbsp; Paraguay Government International Bonds, <br> 4.950%, 4/28/2031(c)<br>| &nbsp;&nbsp; 1358230 |
| 615000 | &nbsp;&nbsp; Paraguay Government International Bonds, <br> 5.000%, 4/15/2026(c)<br>| &nbsp;&nbsp; 610080 |
|  |  | &nbsp;&nbsp; 1968310 |
|  | **Peru — 0.1%** | **Peru — 0.1%** |
| 3220000 | &nbsp;&nbsp; Corp. Financiera de Desarrollo SA, <br> 2.400%, 9/28/2027(c)<br>| &nbsp;&nbsp; 2970353 |
| 840000 | &nbsp;&nbsp; Transportadora de Gas del Peru SA, <br> 4.250%, 4/30/2028(c)<br>| &nbsp;&nbsp; 820489 |
|  |  | &nbsp;&nbsp; 3790842 |
|  | **Poland — 0.3%** | **Poland — 0.3%** |
| 26400000 | &nbsp;&nbsp; Republic of Poland Government Bonds, <br> 1.250%, 10/25/2030, (PLN)<br>| &nbsp;&nbsp; 5051313 |
| 12970000 | &nbsp;&nbsp; Republic of Poland Government Bonds, <br> 3.250%, 7/25/2025, (PLN)<br>| &nbsp;&nbsp; 3109891 |
|  |  | &nbsp;&nbsp; 8161204 |
|  | **Portugal — 0.1%** | **Portugal — 0.1%** |
| 3590000 | EDP Finance BV, 1.710%, 1/24/2028(c) | &nbsp;&nbsp; 3252935 |
|  | **Qatar — 0.0%** | **Qatar — 0.0%** |
| 1600000 | QatarEnergy, 2.250%, 7/12/2031(c) | &nbsp;&nbsp; 1347258 |
|  | **Romania — 0.0%** | **Romania — 0.0%** |
| 1100000 | &nbsp;&nbsp; Romania Government International Bonds, <br> 2.000%, 4/14/2033, (EUR)(c)<br>| &nbsp;&nbsp; 864989 |
|  | **Singapore — 0.3%** | **Singapore — 0.3%** |
| 10055000 | &nbsp;&nbsp; Singapore Government Bonds, <br> 2.125%, 6/01/2026, (SGD)<br>| &nbsp;&nbsp; 7291429 |
|  | **South Africa — 1.2%** | **South Africa — 1.2%** |
| 1400000 | &nbsp;&nbsp; Anglo American Capital PLC, <br> 2.625%, 9/10/2030(c)<br>| &nbsp;&nbsp; 1214236 |
| 1400000 | &nbsp;&nbsp; Anglo American Capital PLC, <br> 5.625%, 4/01/2030(c)<br>| &nbsp;&nbsp; 1417148 |
| 39185000 | &nbsp;&nbsp; Republic of South Africa Government <br> Bonds, 7.000%, 2/28/2031, (ZAR)<br>| &nbsp;&nbsp; 1844523 |
| 116835000 | &nbsp;&nbsp; Republic of South Africa Government <br> Bonds, 8.875%, 2/28/2035, (ZAR)<br>| &nbsp;&nbsp; 5635037 |
| 7585000 | &nbsp;&nbsp; Republic of South Africa Government <br> International Bonds, 5.750%, 9/30/2049<br>| &nbsp;&nbsp; 5684958 |
| 19900000 | &nbsp;&nbsp; Republic of South Africa Government <br> International Bonds, 7.100%, 11/19/2036(c)<br>| &nbsp;&nbsp; 19396351 |
|  |  | &nbsp;&nbsp; 35192253 |
|  | **Spain — 0.4%** | **Spain — 0.4%** |
| 800000 | Banco Santander SA, 6.938%, 11/07/2033 | &nbsp;&nbsp; 870226 |
| 2000000 | &nbsp;&nbsp; Banco Santander SA, (fixed rate to <br> 9/14/2026, variable rate thereafter), <br> 1.722%, 9/14/2027<br>| &nbsp;&nbsp; 1890703 |
| 1260000 | &nbsp;&nbsp; CaixaBank SA, (fixed rate to 1/18/2028, <br> variable rate thereafter), <br> 6.208%, 1/18/2029(c)<br>| &nbsp;&nbsp; 1290987 |
| 1000000 | &nbsp;&nbsp; CaixaBank SA, EMTN, (fixed rate to <br> 11/23/2027, variable rate thereafter), <br> 6.250%, 2/23/2033, (EUR)<br>| &nbsp;&nbsp; 1109642 |

---

------

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount (‡)**<br>| **Description** | **Value (†)** |
|  | **Spain — continued** | **Spain — continued** |
| 3700000 | &nbsp;&nbsp; Cellnex Telecom SA, EMTN, <br> 1.750%, 10/23/2030, (EUR)<br>| &nbsp;&nbsp; $3523570 |
| 700000 | &nbsp;&nbsp; Naturgy Finance Iberia SA, EMTN, <br> 1.500%, 1/29/2028, (EUR)<br>| &nbsp;&nbsp; 696665 |
| 2355000 | &nbsp;&nbsp; Spain Government Bonds, <br> 3.500%, 5/31/2029, (EUR)<br>| &nbsp;&nbsp; 2538852 |
|  |  | &nbsp;&nbsp; 11920645 |
|  | **Supranationals — 0.3%** | **Supranationals — 0.3%** |
| 10030000 | &nbsp;&nbsp; International Bank for Reconstruction & <br> Development, 1.200%, 7/22/2026, (CAD)<br>| &nbsp;&nbsp; 6787424 |
| 16750000 | &nbsp;&nbsp; Nordic Investment Bank, EMTN, <br> 1.500%, 3/13/2025, (NOK)<br>| &nbsp;&nbsp; 1462200 |
|  |  | &nbsp;&nbsp; 8249624 |
|  | **Sweden — 0.1%** | **Sweden — 0.1%** |
| 38000000 | &nbsp;&nbsp; Sweden Government Bonds, <br> 0.125%, 5/12/2031, (SEK)<br>| &nbsp;&nbsp; 3005901 |
| 2560000 | &nbsp;&nbsp; Sweden Government Bonds, <br> 2.500%, 5/12/2025, (SEK)<br>| &nbsp;&nbsp; 231445 |
|  |  | &nbsp;&nbsp; 3237346 |
|  | **Switzerland — 0.1%** | **Switzerland — 0.1%** |
| 325000 | &nbsp;&nbsp; UBS Group AG, (fixed rate to 11/15/2032, <br> variable rate thereafter), <br> 9.016%, 11/15/2033(c)<br>| &nbsp;&nbsp; 392514 |
| 2960000 | &nbsp;&nbsp; UBS Group AG, (fixed rate to 5/14/2031, <br> variable rate thereafter), <br> 3.091%, 5/14/2032(c)<br>| &nbsp;&nbsp; 2574555 |
| 750000 | &nbsp;&nbsp; UBS Group AG, (fixed rate to 8/12/2032, <br> variable rate thereafter), <br> 6.537%, 8/12/2033(c)<br>| &nbsp;&nbsp; 792533 |
| 340000 | &nbsp;&nbsp; Willow No. 2 Ireland PLC for Zurich <br> Insurance Co. Ltd., EMTN, (fixed rate to <br> 10/01/2025, variable rate thereafter), <br> 4.250%, 10/01/2045<br>| &nbsp;&nbsp; 336456 |
|  |  | &nbsp;&nbsp; 4096058 |
|  | **Trinidad And Tobago — 0.0%** | **Trinidad And Tobago — 0.0%** |
| 415000 | &nbsp;&nbsp; Trinidad Generation UnLtd, <br> 5.250%, 11/04/2027(c)<br>| &nbsp;&nbsp; 405248 |
|  | **Turkey — 0.4%** | **Turkey — 0.4%** |
| 1375000 | Republic of Turkiye, 6.500%, 1/03/2035 | &nbsp;&nbsp; 1284663 |
| 1120000 | TC Ziraat Bankasi AS, 5.375%, 3/02/2026(c) | &nbsp;&nbsp; 1114914 |
| 1415000 | &nbsp;&nbsp; Turkcell Iletisim Hizmetleri AS, <br> 5.800%, 4/11/2028<br>| &nbsp;&nbsp; 1370231 |
| 3480000 | &nbsp;&nbsp; Turkiye Government International Bonds, <br> 5.250%, 3/13/2030<br>| &nbsp;&nbsp; 3249283 |
| 2980000 | &nbsp;&nbsp; Turkiye Government International Bonds, <br> 7.625%, 4/26/2029<br>| &nbsp;&nbsp; 3088248 |
|  |  | &nbsp;&nbsp; 10107339 |
|  | **United Arab Emirates — 0.0%** | **United Arab Emirates — 0.0%** |
| 1295000 | &nbsp;&nbsp; Abu Dhabi Government International Bonds, <br> 3.125%, 4/16/2030(c)<br>| &nbsp;&nbsp; 1188513 |
|  | **United Kingdom — 1.2%** | **United Kingdom — 1.2%** |
| 1350000 | &nbsp;&nbsp; CK Hutchison International 19 Ltd., <br> 3.625%, 4/11/2029(c)<br>| &nbsp;&nbsp; 1281078 |
| 1420000 | Diageo Capital PLC, 2.125%, 4/29/2032 | &nbsp;&nbsp; 1159562 |
| 1180000 | &nbsp;&nbsp; Global Auto Holdings Ltd./AAG FH U.K. Ltd., <br> 8.375%, 1/15/2029(c)<br>| &nbsp;&nbsp; 1091170 |
| 440000 | &nbsp;&nbsp; Global Auto Holdings Ltd./AAG FH U.K. Ltd., <br> 11.500%, 8/15/2029(c)<br>| &nbsp;&nbsp; 447770 |

---

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount (‡)**<br>| **Description** | **Value (†)** |
|  | **United Kingdom — continued** | **United Kingdom — continued** |
| $65000 | &nbsp;&nbsp; Macquarie Airfinance Holdings Ltd., <br> 6.400%, 3/26/2029(c)<br>| &nbsp;&nbsp; $66881 |
| 135000 | &nbsp;&nbsp; Macquarie Airfinance Holdings Ltd., <br> 6.500%, 3/26/2031(c)<br>| &nbsp;&nbsp; 139466 |
| 1395000 | &nbsp;&nbsp; Nationwide Building Society, (fixed rate to <br> 7/18/2029, variable rate thereafter), <br> 3.960%, 7/18/2030(c)<br>| &nbsp;&nbsp; 1320340 |
| 955000 | &nbsp;&nbsp; Santander U.K. Group Holdings PLC, (fixed <br> rate to 1/11/2027, variable rate thereafter), <br> 2.469%, 1/11/2028<br>| &nbsp;&nbsp; 904661 |
| 1455000 | &nbsp;&nbsp; Standard Chartered PLC, (fixed rate to <br> 11/18/2030, variable rate thereafter), <br> 3.265%, 2/18/2036(c)<br>| &nbsp;&nbsp; 1256590 |
| 2200000 | &nbsp;&nbsp; Standard Chartered PLC, (fixed rate to <br> 3/30/2025, variable rate thereafter), <br> 3.971%, 3/30/2026(c)<br>| &nbsp;&nbsp; 2192277 |
| 235000 | U.K. Gilts, 4.125%, 1/29/2027, (GBP) | &nbsp;&nbsp; 292603 |
| 9590000 | U.K. Gilts, 4.125%, 7/22/2029, (GBP) | &nbsp;&nbsp; 11890596 |
| 9845000 | U.K. Gilts, 4.250%, 7/31/2034, (GBP) | &nbsp;&nbsp; 12019270 |
|  |  | &nbsp;&nbsp; 34062264 |
|  | **United States — 11.4%** | **United States — 11.4%** |
| 667302 | &nbsp;&nbsp; American Airlines Pass-Through Trust, <br> Series 2016-3, Class B, 3.750%, 4/15/2027<br>| &nbsp;&nbsp; 652701 |
| 185648 | &nbsp;&nbsp; American Airlines Pass-Through Trust, <br> Series 2017-1, Class B, 4.950%, 8/15/2026<br>| &nbsp;&nbsp; 185442 |
| 215970 | &nbsp;&nbsp; American Airlines, Inc., Series B, <br> 3.700%, 4/15/2027<br>| &nbsp;&nbsp; 213360 |
| 260000 | &nbsp;&nbsp; Aptiv Swiss Holdings Ltd., 1.600%, 9/15/2028, <br> (EUR)<br>| &nbsp;&nbsp; 256367 |
| 425000 | Ashland, Inc., 3.375%, 9/01/2031(c) | &nbsp;&nbsp; 362451 |
| 800000 | &nbsp;&nbsp; Bank of America Corp., (fixed rate to <br> 3/08/2032, variable rate thereafter), <br> 3.846%, 3/08/2037<br>| &nbsp;&nbsp; 708637 |
| 1370000 | &nbsp;&nbsp; Bank of America Corp., (fixed rate to <br> 9/21/2031, variable rate thereafter), <br> 2.482%, 9/21/2036<br>| &nbsp;&nbsp; 1116195 |
| 2865000 | &nbsp;&nbsp; Bank of America Corp., Series MPLE, (fixed <br> rate to 9/15/2026, variable rate thereafter), <br> 1.978%, 9/15/2027, (CAD)<br>| &nbsp;&nbsp; 1942288 |
| 10000 | Bausch & Lomb Corp., 8.375%, 10/01/2028(c) | &nbsp;&nbsp; 10350 |
| 7430000 | &nbsp;&nbsp; Bausch Health Cos., Inc., <br> 4.875%, 6/01/2028(c)<br>| &nbsp;&nbsp; 5944000 |
| 1745000 | Block, Inc., 3.500%, 6/01/2031 | &nbsp;&nbsp; 1536438 |
| 1220000 | Blue Owl Finance LLC, 6.250%, 4/18/2034 | &nbsp;&nbsp; 1253356 |
| 1261000 | Boeing Co., 3.625%, 2/01/2031 | &nbsp;&nbsp; 1144755 |
| 1000000 | Boeing Co., 5.150%, 5/01/2030 | &nbsp;&nbsp; 985983 |
| 899000 | Boeing Co., 5.705%, 5/01/2040 | &nbsp;&nbsp; 855290 |
| 4965000 | Boeing Co., 5.805%, 5/01/2050 | &nbsp;&nbsp; 4618212 |
| 60000 | Boeing Co., 5.930%, 5/01/2060 | &nbsp;&nbsp; 55519 |
| 3590000 | Boeing Co., 6.528%, 5/01/2034 | &nbsp;&nbsp; 3760915 |
| 9335000 | Boeing Co., 6.858%, 5/01/2054 | &nbsp;&nbsp; 9921673 |
| 1105000 | Boeing Co., 7.008%, 5/01/2064 | &nbsp;&nbsp; 1172545 |
| 115000 | &nbsp;&nbsp; BPR Trust, Series 2021-NRD, Class E, 1 mo. <br> USD SOFR + 5.621%, <br> 10.019%, 12/15/2038(b)(c)<br>| &nbsp;&nbsp; 113253 |
| 875000 | &nbsp;&nbsp; BPR Trust, Series 2021-NRD, Class F, 1 mo. <br> USD SOFR + 6.870%, <br> 11.268%, 12/15/2038(b)(c)<br>| &nbsp;&nbsp; 853486 |
| 3120000 | Broadcom, Inc., 2.450%, 2/15/2031(c) | &nbsp;&nbsp; 2690577 |
| 2845000 | Broadcom, Inc., 2.600%, 2/15/2033(c) | &nbsp;&nbsp; 2351667 |
| 690000 | Broadcom, Inc., 3.187%, 11/15/2036(c) | &nbsp;&nbsp; 555823 |
| 5095000 | Broadcom, Inc., 3.419%, 4/15/2033(c) | &nbsp;&nbsp; 4459814 |

---

------

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount (‡)**<br>| **Description** | **Value (†)** |
|  | **United States — continued** | **United States — continued** |
| $6870000 | Broadcom, Inc., 3.469%, 4/15/2034(c) | &nbsp;&nbsp; $5953956 |
| 2485000 | Broadcom, Inc., 4.150%, 4/15/2032(c) | &nbsp;&nbsp; 2330257 |
| 695000 | Carnival Corp., 5.750%, 3/01/2027(c) | &nbsp;&nbsp; 693467 |
| 2525000 | &nbsp;&nbsp; CCO Holdings LLC/CCO Holdings Capital <br> Corp., 4.250%, 1/15/2034(c)<br>| &nbsp;&nbsp; 2048507 |
| 2385000 | Centene Corp., 2.500%, 3/01/2031 | &nbsp;&nbsp; 1972649 |
| 1480000 | Centene Corp., 3.000%, 10/15/2030 | &nbsp;&nbsp; 1277087 |
| 1075000 | &nbsp;&nbsp; Charter Communications <br> Operating LLC/Charter Communications <br> Operating Capital, 3.950%, 6/30/2062<br>| &nbsp;&nbsp; 654828 |
| 4945000 | &nbsp;&nbsp; Charter Communications <br> Operating LLC/Charter Communications <br> Operating Capital, 4.400%, 12/01/2061<br>| &nbsp;&nbsp; 3291557 |
| 265000 | &nbsp;&nbsp; Civitas Resources, Inc., <br> 8.625%, 11/01/2030(c)<br>| &nbsp;&nbsp; 277520 |
| 2570000 | &nbsp;&nbsp; CommScope Technologies LLC, <br> 5.000%, 3/15/2027(c)<br>| &nbsp;&nbsp; 2292851 |
| 2663000 | &nbsp;&nbsp; Continental Resources, Inc., <br> 2.875%, 4/01/2032(c)<br>| &nbsp;&nbsp; 2185929 |
| 4662000 | &nbsp;&nbsp; Continental Resources, Inc., <br> 5.750%, 1/15/2031(c)<br>| &nbsp;&nbsp; 4605592 |
| 13550000 | CSC Holdings LLC, 3.375%, 2/15/2031(c) | &nbsp;&nbsp; 9504138 |
| 1995000 | CSC Holdings LLC, 4.125%, 12/01/2030(c) | &nbsp;&nbsp; 1433135 |
| 2395000 | CSC Holdings LLC, 4.500%, 11/15/2031(c) | &nbsp;&nbsp; 1724475 |
| 11460000 | CSC Holdings LLC, 4.625%, 12/01/2030(c) | &nbsp;&nbsp; 5987308 |
| 1850000 | CSC Holdings LLC, 5.000%, 11/15/2031(c) | &nbsp;&nbsp; 963132 |
| 595000 | CSC Holdings LLC, 5.375%, 2/01/2028(c) | &nbsp;&nbsp; 513311 |
| 495000 | CSC Holdings LLC, 5.750%, 1/15/2030(c) | &nbsp;&nbsp; 281587 |
| 2090000 | CSC Holdings LLC, 7.500%, 4/01/2028(c) | &nbsp;&nbsp; 1432001 |
| 940000 | &nbsp;&nbsp; DH Europe Finance II SARL, <br> 0.750%, 9/18/2031, (EUR)<br>| &nbsp;&nbsp; 839040 |
| 50000 | Dillard's, Inc., 7.000%, 12/01/2028 | &nbsp;&nbsp; 52175 |
| 8000 | Dillard's, Inc., 7.750%, 7/15/2026 | &nbsp;&nbsp; 8254 |
| 355000 | &nbsp;&nbsp; Directv Financing LLC/Directv Financing <br> Co-Obligor, Inc., 5.875%, 8/15/2027(c)<br>| &nbsp;&nbsp; 345876 |
| 2340000 | DISH DBS Corp., 5.250%, 12/01/2026(c) | &nbsp;&nbsp; 2126945 |
| 795000 | DISH DBS Corp., 5.750%, 12/01/2028(c) | &nbsp;&nbsp; 679721 |
| 1960000 | DISH DBS Corp., 7.750%, 7/01/2026 | &nbsp;&nbsp; 1648661 |
| 19499106 | EchoStar Corp., 10.750%, 11/30/2029 | &nbsp;&nbsp; 20967105 |
| 14281147 | &nbsp;&nbsp; EchoStar Corp., 6.750% PIK or 6.750% Cash, <br> 11/30/2030(i)<br>| &nbsp;&nbsp; 12952270 |
| 575000 | &nbsp;&nbsp; EnLink Midstream Partners LP, <br> 5.450%, 6/01/2047<br>| &nbsp;&nbsp; 517449 |
| 1230000 | EQT Corp., 3.625%, 5/15/2031(c) | &nbsp;&nbsp; 1096011 |
| 2710000 | Freeport-McMoRan, Inc., 4.375%, 8/01/2028 | &nbsp;&nbsp; 2635915 |
| 4795000 | Freeport-McMoRan, Inc., 5.400%, 11/14/2034 | &nbsp;&nbsp; 4741673 |
| 960000 | &nbsp;&nbsp; Hess Midstream Operations LP, <br> 4.250%, 2/15/2030(c)<br>| &nbsp;&nbsp; 885044 |
| 475000 | &nbsp;&nbsp; Hilton Grand Vacations Borrower LLC/Hilton <br> Grand Vacations Borrower, Inc., <br> 4.875%, 7/01/2031(c)<br>| &nbsp;&nbsp; 425195 |
| 1235000 | Hologic, Inc., 3.250%, 2/15/2029(c) | &nbsp;&nbsp; 1116861 |
| 635000 | &nbsp;&nbsp; Icahn Enterprises LP/Icahn Enterprises <br> Finance Corp., 4.375%, 2/01/2029<br>| &nbsp;&nbsp; 530403 |
| 1637600 | &nbsp;&nbsp; iHeartCommunications, Inc., <br> 7.750%, 8/15/2030(c)<br>| &nbsp;&nbsp; 1281307 |
| 1055000 | Ingersoll Rand, Inc., 5.700%, 8/14/2033 | &nbsp;&nbsp; 1079543 |
| 1310000 | Iron Mountain, Inc., 4.875%, 9/15/2029(c) | &nbsp;&nbsp; 1245000 |
| 795000 | &nbsp;&nbsp; JBS USA Holding Lux SARL/JBS USA Food <br> Co./JBS Lux Co. SARL, 3.750%, 12/01/2031<br>| &nbsp;&nbsp; 705383 |
| 1620000 | &nbsp;&nbsp; Jefferies Financial Group, Inc., <br> 6.200%, 4/14/2034<br>| &nbsp;&nbsp; 1669518 |

---

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount (‡)**<br>| **Description** | **Value (†)** |
|  | **United States — continued** | **United States — continued** |
| $225000 | &nbsp;&nbsp; Lamb Weston Holdings, Inc., <br> 4.875%, 5/15/2028, 144A(c)<br>| &nbsp;&nbsp; $219661 |
| 1440000 | &nbsp;&nbsp; Light & Wonder International, Inc., <br> 7.000%, 5/15/2028(c)<br>| &nbsp;&nbsp; 1442843 |
| 525000 | &nbsp;&nbsp; Light & Wonder International, Inc., <br> 7.250%, 11/15/2029(c)<br>| &nbsp;&nbsp; 535572 |
| 210000 | &nbsp;&nbsp; Light & Wonder International, Inc., <br> 7.500%, 9/01/2031(c)<br>| &nbsp;&nbsp; 216221 |
| 995000 | &nbsp;&nbsp; Marriott Ownership Resorts, Inc., <br> 4.500%, 6/15/2029(c)<br>| &nbsp;&nbsp; 928787 |
| 155000 | &nbsp;&nbsp; Matador Resources Co., <br> 6.875%, 4/15/2028(c)<br>| &nbsp;&nbsp; 157144 |
| 580000 | &nbsp;&nbsp; Medline Borrower LP/Medline Co-Issuer, <br> Inc., 6.250%, 4/01/2029(c)<br>| &nbsp;&nbsp; 586116 |
| 615000 | &nbsp;&nbsp; Medtronic Global Holdings SCA, <br> 1.125%, 3/07/2027, (EUR)<br>| &nbsp;&nbsp; 616070 |
| 6240000 | Micron Technology, Inc., 5.875%, 2/09/2033 | &nbsp;&nbsp; 6391142 |
| 655000 | &nbsp;&nbsp; Molina Healthcare, Inc., <br> 3.875%, 5/15/2032(c)<br>| &nbsp;&nbsp; 565633 |
| 435000 | &nbsp;&nbsp; Molina Healthcare, Inc., <br> 4.375%, 6/15/2028(c)<br>| &nbsp;&nbsp; 412251 |
| 1415000 | &nbsp;&nbsp; Morgan Stanley, (fixed rate to 9/16/2031, <br> variable rate thereafter), 2.484%, 9/16/2036<br>| &nbsp;&nbsp; 1150866 |
| 4600000 | NCL Corp. Ltd., 5.875%, 3/15/2026(c) | &nbsp;&nbsp; 4593757 |
| 715000 | NCL Corp. Ltd., 8.125%, 1/15/2029(c) | &nbsp;&nbsp; 753420 |
| 1960000 | NCL Finance Ltd., 6.125%, 3/15/2028(c) | &nbsp;&nbsp; 1966290 |
| 2020000 | Netflix, Inc., 4.875%, 6/15/2030(c) | &nbsp;&nbsp; 2011014 |
| 20000 | NGPL PipeCo LLC, 7.768%, 12/15/2037(c) | &nbsp;&nbsp; 22396 |
| 310000 | Ovintiv, Inc., 6.500%, 8/15/2034 | &nbsp;&nbsp; 321129 |
| 4175000 | &nbsp;&nbsp; Permian Resources Operating LLC, <br> 6.250%, 2/01/2033(c)<br>| &nbsp;&nbsp; 4120975 |
| 1265000 | Pilgrim's Pride Corp., 3.500%, 3/01/2032 | &nbsp;&nbsp; 1090825 |
| 315000 | Pilgrim's Pride Corp., 4.250%, 4/15/2031 | &nbsp;&nbsp; 289879 |
| 480000 | &nbsp;&nbsp; Plains All American Pipeline LP/PAA <br> Finance Corp., 3.550%, 12/15/2029<br>| &nbsp;&nbsp; 446455 |
| 690000 | &nbsp;&nbsp; Plains All American Pipeline LP/PAA <br> Finance Corp., 3.800%, 9/15/2030<br>| &nbsp;&nbsp; 640308 |
| 870000 | Post Holdings, Inc., 4.500%, 9/15/2031(c) | &nbsp;&nbsp; 779383 |
| 2165000 | &nbsp;&nbsp; Prologis Euro Finance LLC, <br> 0.250%, 9/10/2027, (EUR)<br>| &nbsp;&nbsp; 2093414 |
| 1450000 | &nbsp;&nbsp; Prologis Euro Finance LLC, <br> 1.875%, 1/05/2029, (EUR)<br>| &nbsp;&nbsp; 1443097 |
| 365000 | Prologis LP, 2.250%, 6/30/2029, (GBP) | &nbsp;&nbsp; 411765 |
| 430000 | &nbsp;&nbsp; Realty Income Corp., 5.125%, 7/06/2034, <br> (EUR)<br>| &nbsp;&nbsp; 490785 |
| 1100000 | &nbsp;&nbsp; Realty Income Corp., EMTN, <br> 1.625%, 12/15/2030, (GBP)<br>| &nbsp;&nbsp; 1123512 |
| 4749000 | &nbsp;&nbsp; Rocket Mortgage LLC/Rocket Mortgage <br> Co-Issuer, Inc., 3.625%, 3/01/2029<br>| &nbsp;&nbsp; 4300778 |
| 2540000 | &nbsp;&nbsp; Rocket Mortgage LLC/Rocket Mortgage <br> Co-Issuer, Inc., 3.625%, 3/01/2029(c)<br>| &nbsp;&nbsp; 2300268 |
| 7011000 | &nbsp;&nbsp; Rocket Mortgage LLC/Rocket Mortgage <br> Co-Issuer, Inc., 3.875%, 3/01/2031(c)<br>| &nbsp;&nbsp; 6108663 |
| 4510000 | &nbsp;&nbsp; Rocket Mortgage LLC/Rocket Mortgage <br> Co-Issuer, Inc., 4.000%, 10/15/2033(c)<br>| &nbsp;&nbsp; 3756219 |
| 1370000 | &nbsp;&nbsp; Royal Caribbean Cruises Ltd., <br> 4.250%, 7/01/2026(c)<br>| &nbsp;&nbsp; 1344146 |
| 3280000 | &nbsp;&nbsp; Royal Caribbean Cruises Ltd., <br> 5.500%, 4/01/2028(c)<br>| &nbsp;&nbsp; 3255497 |
| 2930000 | &nbsp;&nbsp; Royal Caribbean Cruises Ltd., <br> 5.625%, 9/30/2031(c)<br>| &nbsp;&nbsp; 2882121 |

---

------

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount (‡)**<br>| **Description** | **Value (†)** |
|  | **United States — continued** | **United States — continued** |
| $7055000 | &nbsp;&nbsp; Royal Caribbean Cruises Ltd., <br> 6.000%, 2/01/2033(c)<br>| &nbsp;&nbsp; $7038245 |
| 400000 | &nbsp;&nbsp; Royal Caribbean Cruises Ltd., <br> 6.250%, 3/15/2032(c)<br>| &nbsp;&nbsp; 404792 |
| 585000 | Ryan Specialty LLC, 5.875%, 8/01/2032(c) | &nbsp;&nbsp; 578824 |
| 435000 | &nbsp;&nbsp; Sensata Technologies BV, <br> 4.000%, 4/15/2029(c)<br>| &nbsp;&nbsp; 399177 |
| 270000 | &nbsp;&nbsp; Sensata Technologies, Inc., <br> 3.750%, 2/15/2031(c)<br>| &nbsp;&nbsp; 236044 |
| 60000 | &nbsp;&nbsp; Sensata Technologies, Inc., <br> 4.375%, 2/15/2030(c)<br>| &nbsp;&nbsp; 54962 |
| 910000 | &nbsp;&nbsp; Sensata Technologies, Inc., <br> 6.625%, 7/15/2032(c)<br>| &nbsp;&nbsp; 909018 |
| 140000 | &nbsp;&nbsp; Silgan Holdings, Inc., 3.250%, 3/15/2025, <br> (EUR)<br>| &nbsp;&nbsp; 144545 |
| 260000 | SM Energy Co., 6.500%, 7/15/2028 | &nbsp;&nbsp; 258370 |
| 555000 | SM Energy Co., 6.750%, 8/01/2029(c) | &nbsp;&nbsp; 549376 |
| 280000 | SM Energy Co., 7.000%, 8/01/2032(c) | &nbsp;&nbsp; 276067 |
| 875000 | Targa Resources Corp., 6.125%, 3/15/2033 | &nbsp;&nbsp; 902125 |
| 265000 | &nbsp;&nbsp; Targa Resources Partners LP/Targa <br> Resources Partners Finance Corp., <br> 4.000%, 1/15/2032<br>| &nbsp;&nbsp; 241057 |
| 165000 | &nbsp;&nbsp; Targa Resources Partners LP/Targa <br> Resources Partners Finance Corp., <br> 4.875%, 2/01/2031<br>| &nbsp;&nbsp; 159314 |
| 665000 | TD SYNNEX Corp., 6.100%, 4/12/2034 | &nbsp;&nbsp; 682435 |
| 245000 | &nbsp;&nbsp; Thermo Fisher Scientific Finance I BV, <br> 2.000%, 10/18/2051, (EUR)<br>| &nbsp;&nbsp; 176534 |
| 100000 | &nbsp;&nbsp; Thermo Fisher Scientific, Inc., EMTN, <br> 1.500%, 10/01/2039, (EUR)<br>| &nbsp;&nbsp; 78278 |
| 90000 | Time Warner Cable LLC, 4.500%, 9/15/2042 | &nbsp;&nbsp; 67329 |
| 85000 | Time Warner Cable LLC, 5.500%, 9/01/2041 | &nbsp;&nbsp; 72131 |
| 2805000 | T-Mobile USA, Inc., 3.875%, 4/15/2030 | &nbsp;&nbsp; 2639470 |
| 400000 | TopBuild Corp., 4.125%, 2/15/2032(c) | &nbsp;&nbsp; 354318 |
| 405000 | TransDigm, Inc., 6.750%, 8/15/2028(c) | &nbsp;&nbsp; 408961 |
| 4075000 | Travel & Leisure Co., 4.500%, 12/01/2029(c) | &nbsp;&nbsp; 3805886 |
| 530000 | Travel & Leisure Co., 4.625%, 3/01/2030(c) | &nbsp;&nbsp; 491839 |
| 240000 | TriNet Group, Inc., 3.500%, 3/01/2029(c) | &nbsp;&nbsp; 217199 |
| 23335000 | U.S. Treasury Notes, 3.500%, 9/30/2026 | &nbsp;&nbsp; 23041072 |
| 17340000 | U.S. Treasury Notes, 4.125%, 10/31/2026 | &nbsp;&nbsp; 17300530 |
| 4420000 | U.S. Treasury Notes, 4.250%, 11/30/2026 | &nbsp;&nbsp; 4419121 |
| 20450000 | U.S. Treasury Notes, 4.500%, 3/31/2026(j) | &nbsp;&nbsp; 20505680 |
| 13115000 | &nbsp;&nbsp; Uber Technologies, Inc., <br> 4.500%, 8/15/2029(c)<br>| &nbsp;&nbsp; 12683360 |
| 1610000 | Uber Technologies, Inc., 4.800%, 9/15/2034 | &nbsp;&nbsp; 1540881 |
| 6950000 | &nbsp;&nbsp; Uber Technologies, Inc., <br> 6.250%, 1/15/2028(c)<br>| &nbsp;&nbsp; 7009779 |
| 847000 | &nbsp;&nbsp; Uber Technologies, Inc., <br> 7.500%, 9/15/2027(c)<br>| &nbsp;&nbsp; 862084 |
| 204236 | &nbsp;&nbsp; United Airlines Pass-Through Trust, <br> Series 2016-2, Class B, 3.650%, 4/07/2027<br>| &nbsp;&nbsp; 200145 |
| 1090000 | &nbsp;&nbsp; United Rentals North America, Inc., <br> 6.125%, 3/15/2034(c)<br>| &nbsp;&nbsp; 1081475 |
| 895000 | &nbsp;&nbsp; Venture Global Calcasieu Pass LLC, <br> 3.875%, 11/01/2033(c)<br>| &nbsp;&nbsp; 768915 |
| 1130000 | &nbsp;&nbsp; Venture Global Calcasieu Pass LLC, <br> 4.125%, 8/15/2031(c)<br>| &nbsp;&nbsp; 1011948 |
| 175000 | &nbsp;&nbsp; Venture Global Calcasieu Pass LLC, <br> 6.250%, 1/15/2030(c)<br>| &nbsp;&nbsp; 176633 |
| 3095000 | &nbsp;&nbsp; Verizon Communications, Inc., Series MPLE, <br> 2.500%, 5/16/2030, (CAD)<br>| &nbsp;&nbsp; 2009139 |

---

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount (‡)**<br>| **Description** | **Value (†)** |
|  | **United States — continued** | **United States — continued** |
| $895000 | &nbsp;&nbsp; VICI Properties LP/VICI Note Co., Inc., <br> 4.250%, 12/01/2026(c)<br>| &nbsp;&nbsp; $880149 |
| 285000 | Viper Energy, Inc., 7.375%, 11/01/2031(c) | &nbsp;&nbsp; 298378 |
| 360000 | &nbsp;&nbsp; Western Midstream Operating LP, <br> 4.050%, 2/01/2030<br>| &nbsp;&nbsp; 337663 |
| 475000 | &nbsp;&nbsp; Western Midstream Operating LP, <br> 5.250%, 2/01/2050<br>| &nbsp;&nbsp; 404571 |
| 470000 | &nbsp;&nbsp; Western Midstream Operating LP, <br> 5.300%, 3/01/2048<br>| &nbsp;&nbsp; 399162 |
| 150000 | &nbsp;&nbsp; Western Midstream Operating LP, <br> 5.450%, 4/01/2044<br>| &nbsp;&nbsp; 133526 |
| 115000 | &nbsp;&nbsp; Western Midstream Operating LP, <br> 5.500%, 8/15/2048<br>| &nbsp;&nbsp; 99979 |
| 640000 | &nbsp;&nbsp; Western Midstream Operating LP, <br> 6.150%, 4/01/2033<br>| &nbsp;&nbsp; 652329 |
| 1695000 | Yum! Brands, Inc., 4.625%, 1/31/2032 | &nbsp;&nbsp; 1566234 |
|  |  | &nbsp;&nbsp; 332991184 |
|  | **Uruguay — 0.1%** | **Uruguay — 0.1%** |
| 86955000 | &nbsp;&nbsp; Uruguay Government International Bonds, <br> 8.250%, 5/21/2031, (UYU)<br>| &nbsp;&nbsp; 1854064 |
|  | &nbsp;&nbsp; Total Non-Convertible Bonds <br>(Identified Cost $946,541,187)<br>| &nbsp;&nbsp; 881511529 |
| **Convertible Bonds — 0.8%** | **Convertible Bonds — 0.8%** | **Convertible Bonds — 0.8%** |
|  | **United States — 0.8%** | **United States — 0.8%** |
| 9745000 | &nbsp;&nbsp; BioMarin Pharmaceutical, Inc., <br> 1.250%, 5/15/2027<br>| &nbsp;&nbsp; 9043360 |
| 1086000 | Carnival Corp., 5.750%, 12/01/2027 | &nbsp;&nbsp; 2185032 |
| 9756905 | &nbsp;&nbsp; EchoStar Corp., 3.875% PIK or 3.875% Cash, <br> 11/30/2030(i)<br>| &nbsp;&nbsp; 10237767 |
| 615000 | &nbsp;&nbsp; Spotify USA, Inc., Zero Coupon, <br> 5.189%-5.777%, 3/15/2026(k)<br>| &nbsp;&nbsp; 653806 |
| 1440000 | Uber Technologies, Inc., 0.875%, 12/01/2028 | &nbsp;&nbsp; 1584000 |
|  | &nbsp;&nbsp; Total Convertible Bonds <br>(Identified Cost $23,915,485)<br>| &nbsp;&nbsp; 23703965 |
| **Municipals — 0.0%** | **Municipals — 0.0%** | **Municipals — 0.0%** |
|  | **United States — 0.0%** | **United States — 0.0%** |
| 115000 | &nbsp;&nbsp; Tobacco Settlement Financing Corp., <br> Series A-1, 6.706%-, 6/01/2046 <br>(Identified cost $114,991)<br>| &nbsp;&nbsp; 96266 |
|  | &nbsp;&nbsp; Total Bonds and Notes <br>(Identified Cost $970,571,663)<br>| &nbsp;&nbsp; 905311760 |
| **Senior Loans — 0.6%** | **Senior Loans — 0.6%** | **Senior Loans — 0.6%** |
|  | **Ireland — 0.0%** | **Ireland — 0.0%** |
| 483778 | &nbsp;&nbsp; Flutter Financing BV, 2024 Term Loan B, <br> 3 mo. USD SOFR + 1.750%, 6.079%%, <br> 11/30/2030(b)(l)<br>| &nbsp;&nbsp; 482269 |
|  | **United Kingdom — 0.0%** | **United Kingdom — 0.0%** |
| 335000 | &nbsp;&nbsp; Ardonagh Midco 3 PLC, 2024 USD Term <br> Loan B, 3 mo. USD SOFR + 3.750%, <br> 8.508%%, 2/15/2031(m)<br>| &nbsp;&nbsp; 336675 |
|  | **United States — 0.6%** | **United States — 0.6%** |
| 1761174 | &nbsp;&nbsp; Alliant Holdings Intermediate LLC, 2024 Term <br> Loan B6, 1 mo. USD SOFR + 2.750%, <br> 7.106%, 9/19/2031(b)(l)<br>| &nbsp;&nbsp; 1763921 |

---

------

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount (‡)**<br>| **Description** | **Value (†)** |
|  | **United States — continued** | **United States — continued** |
| $1103340 | &nbsp;&nbsp; Asplundh Tree Expert LLC, 2024 Incremental <br> Term Loan B, 1 mo. USD SOFR + 1.750%, <br> 6.107%, 5/23/2031(b)<br>| &nbsp;&nbsp; $1103892 |
| 340148 | &nbsp;&nbsp; Boost Newco Borrower LLC, 2024 USD Term <br> Loan B, 3 mo. USD SOFR + 2.500%, <br> 6.829%, 1/31/2031(b)(l)<br>| &nbsp;&nbsp; 341495 |
| 1871087 | &nbsp;&nbsp; Carnival Corp., 2024 Term Loan B1, 1 mo. <br> USD SOFR + 2.750%, 7.107%, 10/18/2028(b)(l)<br>| &nbsp;&nbsp; 1880835 |
| 886860 | &nbsp;&nbsp; Carnival Corp., 2024 Term Loan B2, 1 mo. <br> USD SOFR + 2.750%, 7.107%, 8/08/2027(b)(l)<br>| &nbsp;&nbsp; 891569 |
| 64493 | &nbsp;&nbsp; Hanger, Inc., 2024 Delayed Draw Term Loan, <br> 10/23/2031(n)<br>| &nbsp;&nbsp; 65057 |
| 500893 | &nbsp;&nbsp; Hanger, Inc., 2024 Term Loan B, 1 mo. USD <br> SOFR + 3.500%, 7.857%, 10/23/2031(b)(l)<br>| &nbsp;&nbsp; 505276 |
| 746411 | &nbsp;&nbsp; Hilton Domestic Operating Co., Inc., 2023 <br> Term Loan B4, 1 mo. USD SOFR + 1.750%, <br> 6.088%, 11/08/2030(b)<br>| &nbsp;&nbsp; 749681 |
| 20302 | &nbsp;&nbsp; Hilton Grand Vacations Borrower LLC, 2021 <br> Term Loan B, 1 mo. USD SOFR + 2.500%, <br> 6.857%, 8/02/2028(b)(l)<br>| &nbsp;&nbsp; 20355 |
| 1916813 | &nbsp;&nbsp; Hilton Grand Vacations Borrower LLC, 2024 <br> Incremental Term Loan B, 1 mo. USD SOFR <br> + 2.250%, 6.607%, 1/17/2031(b)(l)<br>| &nbsp;&nbsp; 1921011 |
| 267308 | &nbsp;&nbsp; HUB International Ltd., 2024 1st Lien Term <br> Loan B, 3 mo. USD SOFR + 2.750%, <br> 7.367%, 6/20/2030(b)(l)<br>| &nbsp;&nbsp; 268645 |
| 99501 | &nbsp;&nbsp; Light & Wonder International, Inc., 2024 <br> Term Loan B2, 1 mo. USD SOFR + 2.250%, <br> 6.632%, 4/14/2029(b)(l)<br>| &nbsp;&nbsp; 99767 |
| 250000 | &nbsp;&nbsp; NRG Energy, Inc., 2024 Term Loan, 3 mo. <br> USD SOFR + 1.750%, 6.355%, 4/16/2031(m)<br>| &nbsp;&nbsp; 249980 |
| 229465 | &nbsp;&nbsp; Resideo Funding, Inc., 2024 1st Lien Term <br> Loan B, PRIME + 0.750%, <br> 8.250%, 2/11/2028(b)<br>| &nbsp;&nbsp; 229896 |
| 1039028 | &nbsp;&nbsp; Resideo Funding, Inc., 2024 M&A 1st lien <br> Term Loan B, 3 mo. USD SOFR + 1.750%, <br> 6.101%, 6/13/2031(b)(l)<br>| &nbsp;&nbsp; 1040982 |
| 154000 | &nbsp;&nbsp; Ryan Specialty Group LLC, 2024 USD Term <br> Loan B, 1 mo. USD SOFR + 2.250%, <br> 6.607%, 9/15/2031(b)(l)<br>| &nbsp;&nbsp; 154385 |

---

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount (‡)**<br>| **Description** | **Value (†)** |
|  | **United States — continued** | **United States — continued** |
| $243775 | &nbsp;&nbsp; Six Flags Entertainment Corp., 2024 Term <br> Loan B, 1 mo. USD SOFR + 2.000%, <br> 6.357%, 5/01/2031(b)(l)<br>| &nbsp;&nbsp; $244155 |
| 69689 | &nbsp;&nbsp; Star Parent, Inc., Term Loan B, 3 mo. USD <br> SOFR + 4.000%, 8.329%, 9/27/2030(b)(l)<br>| &nbsp;&nbsp; 67999 |
| 1181933 | &nbsp;&nbsp; Summit Materials LLC, 2023 Incremental <br> Term Loan B, 1 mo. USD SOFR + 1.750%, <br> 6.147%, 1/12/2029(b)(l)<br>| &nbsp;&nbsp; 1182146 |
| 2059275 | &nbsp;&nbsp; Trans Union LLC, 2024 Term Loan B8, 1 mo. <br> USD SOFR + 1.750%, 6.107%, 6/24/2031(b)(l)<br>| &nbsp;&nbsp; 2054766 |
| 94289 | &nbsp;&nbsp; TransDigm, Inc., 2023 Term Loan J, 3 mo. <br> USD SOFR + 2.500%, 6.829%, 2/28/2031(b)(l)<br>| &nbsp;&nbsp; 94416 |
| 162384 | &nbsp;&nbsp; TransDigm, Inc., 2024 Term Loan I, 3 mo. <br> USD SOFR + 2.750%, 7.079%, 8/24/2028(b)(l)<br>| &nbsp;&nbsp; 162824 |
| 270504 | &nbsp;&nbsp; Truist Insurance Holdings LLC, 2024 Term <br> Loan B, 3 mo. USD SOFR + 2.750%, <br> 7.079%, 5/06/2031(b)(l)<br>| &nbsp;&nbsp; 270926 |
| 2069600 | &nbsp;&nbsp; Wyndham Hotels & Resorts, Inc., 2024 Term <br> Loan, 1 mo. USD SOFR + 1.750%, <br> 6.107%, 5/24/2030(b)(l)<br>| &nbsp;&nbsp; 2070345 |
|  |  | &nbsp;&nbsp; 17434324 |
|  | &nbsp;&nbsp; Total Senior Loans <br>(Identified Cost $18,216,244)<br>| &nbsp;&nbsp; 18253268 |
| **Short-Term Investments — 0.9%** | **Short-Term Investments — 0.9%** | **Short-Term Investments — 0.9%** |
| 26129165 | &nbsp;&nbsp; Tri-Party Repurchase Agreement with Fixed <br> Income Clearing Corporation, <br> dated 12/31/2024 at 2.500% to be <br> repurchased at $26,132,794 on 1/02/2025 <br> collateralized by $26,321,700 U.S. Treasury <br> Note, 4.125% due 2/15/2027 valued at <br> $26,651,750 including accrued interest(o) <br>(Identified Cost$26,129,165)<br>| &nbsp;&nbsp; 26129165 |
|  | &nbsp;&nbsp; Total Investments — 99.5% <br>(Identified Cost $2,418,271,938)<br>| &nbsp;&nbsp; 2903984280 |
|  | Other assets less liabilities — 0.5% | &nbsp;&nbsp; 15545796 |
|  | Net Assets — 100.0% | &nbsp;&nbsp; $2919530076 |

---

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

------

---

| | |
|:---|:---|
| (†) | &nbsp;&nbsp;&nbsp; Registered investment companies are required to value portfolio investments using an unadjusted, readily available market quotation. The Fund <br> obtains readily available market quotations from independent pricing services. Fund investments for which readily available market quotations are <br> not available are priced at fair value pursuant to the Fund's Valuation Procedures. The Board of Trustees has approved a valuation designee who is <br> subject to the Board's oversight. <br>Unadjusted readily available market quotations that are utilized for exchange traded equity securities (including shares of closed-end investment <br> companies and exchange-traded funds) include the last sale price quoted on the exchange where the security is traded most extensively. Futures <br> contracts are valued at the closing settlement price on the exchange on which the valuation designee believes that, over time, they are traded most <br> extensively. Shares of open-end investment companies are valued at net asset value ("NAV") per share. <br>Exchange traded equity securities for which there is no reported sale during the day are fair valued at the closing bid quotation as reported by an <br> independent pricing service. Unlisted equity securities (except unlisted preferred equity securities) are fair valued at the last sale price quoted in <br> the market where they are traded most extensively or, if there is no reported sale during the day, the closing bid quotation as reported by an <br> independent pricing service. If there is no last sale price or closing bid quotation available, unlisted equity securities will be fair valued using <br> evaluated bids furnished by an independent pricing service, if available. <br>Debt securities and unlisted preferred equity securities are fair valued based on evaluated bids furnished to the Fund by an independent pricing <br> service or bid prices obtained from broker-dealers. Senior loans are fair valued at bid prices supplied by an independent pricing service, if <br> available. Broker-dealer bid prices may be used to fair value debt, unlisted equities and senior loans where an independent pricing service is <br> unable to price an investment or where an independent pricing service does not provide a reliable price for the investment. Forward foreign <br> currency contracts are fair valued utilizing interpolated rates determined based on information provided by an independent pricing service. <br>The Fund may also fair value investments in other circumstances such as when extraordinary events occur after the close of a foreign market, but <br> prior to the close of the New York Stock Exchange. This may include situations relating to a single issuer (such as a declaration of bankruptcy or a <br> delisting of the issuer's security from the primary market on which it has traded) as well as events affecting the securities markets in general (such <br> as market disruptions or closings and significant fluctuations in U.S. and/or foreign markets). When fair valuing a Fund's investments, the valuation <br> designee may, among other things, use modeling tools or other processes that may take into account factors such as issuer specific information, or <br> other related market activity and/or information that occurred after the close of the foreign market but before the time the Fund's NAV is calculated. <br> Fair valuation by the Fund's valuation designee may require subjective determinations about the value of the investment, and fair values used to <br> determine a Fund's NAV may differ from quoted or published prices, or from prices that are used by others, for the same investments. In addition, <br> the use of fair value pricing may not always result in adjustments to the prices of investments held by a Fund. <br>The books and records of the Fund are maintained in U.S. dollars. The values of securities, currencies and other assets and liabilities denominated <br> in currencies other than U.S. dollars, if any, are translated into U.S. dollars based upon foreign exchange rates prevailing at the end of the period. <br>|

---

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

---

| | |
|:---|:---|
| (‡) | Principal Amount stated in U.S. dollars unless otherwise noted. |
| (a) | Non-income producing security. |
| (b) | &nbsp;&nbsp;&nbsp; Variable rate security. Rate as of December 31, 2024 is disclosed. Issuers comprised of various lots with differing coupon rates have been <br> aggregated for the purpose of presentation in the Portfolio of Investments and show a weighted average rate. Certain variable rate securities are <br> not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. <br> These securities may not indicate a reference rate and/or spread in their description.<br>|
| (c) | &nbsp;&nbsp;&nbsp; All or a portion of these securities are exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in <br> transactions exempt from registration, normally to qualified institutional buyers. At December 31, 2024, the value of Rule 144A holdings amounted to <br> $301,627,806 or 10.3% of net assets.<br>|
| (d) | Amount shown represents units. One unit represents a principal amount of 1,000. |
| (e) | Interest rate represents annualized yield at time of purchase; not a coupon rate. |
| (f) | Amount shown represents principal amount including inflation adjustments. |
| (g) | Perpetual bond with no specified maturity date. |
| (h) | Amount shown represents units. One unit represents a principal amount of 100. |
| (i) | &nbsp;&nbsp;&nbsp; Payment–in–kind security for which the issuer, at each interest payment date, may make interest payments in cash and/or additional principal. No <br> payments were received during the period.<br>|
| (j) | Security (or a portion thereof) has been pledged as collateral for open derivative contracts. |
| (k) | &nbsp;&nbsp;&nbsp; Interest rate represents annualized yield at time of purchase; not a coupon rate. The Fund's investment in this security is comprised of various lots <br> with differing annualized yields.<br>|
| (l) | &nbsp;&nbsp;&nbsp; Stated interest rate has been determined in accordance with the provisions of the loan agreement and is subject to a minimum benchmark floor <br> rate which may range from 0.00% to 0.75%, to which the spread is added.<br>|
| (m) | &nbsp;&nbsp;&nbsp; Position is unsettled. Contract rate was not determined at December 31, 2024 and does not take effect until settlement date. Maturity date is not <br> finalized until settlement date.<br>|
| (n) | &nbsp;&nbsp;&nbsp; Unfunded loan commitment. An unfunded loan commitment is a contractual obligation for future funding at the option of the borrower. The Fund <br> receives a stated coupon rate until the borrower draws on the loan commitment, at which time the rate will become the stated rate in the loan <br> agreement.<br>|

---

------

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(o) The Fund may enter into repurchase agreements, under the terms of a Master Repurchase
 Agreement, under which the Fund acquires securities as collateral and agrees to resell the securities at an agreed upon time and at an
 agreed upon price. It is the Fund's policy that the market value of the collateral for repurchase agreements be at least equal to 102% of the repurchase
 price, including interest. Certain repurchase agreements are tri-party arrangements whereby the collateral is held in a segregated account for
 the benefit of the Fund and on behalf of the counterparty. Repurchase agreements could involve certain risks in the event of default or insolvency
 of the counterparty, including possible delays or restrictions upon the Fund's ability to dispose of the underlying securities. As of
 December 31, 2024, the Fund had an investment in a repurchase agreement for which the value of the related collateral exceeded the value of the
 repurchase agreement.

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

---

| | |
|:---|:---|
| CPI | Consumer Price Index |
| EMTN | Euro Medium Term Note |
| GMTN | Global Medium Term Note |
| MTN | Medium Term Note |
| PIK | Payment-in-Kind |
| SOFR | Secured Overnight Financing Rate |

---

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

---

| | |
|:---|:---|
| AUD | Australian Dollar |
| BRL | Brazilian Real |
| CAD | Canadian Dollar |
| COP | Colombian Peso |
| EUR | Euro |
| GBP | British Pound |
| IDR | Indonesian Rupiah |
| JPY | Japanese Yen |
| KRW | South Korean Won |
| MXN | Mexican Peso |
| NOK | Norwegian Krone |
| NZD | New Zealand Dollar |
| PLN | Polish Zloty |
| SEK | Swedish Krona |
| SGD | Singapore Dollar |
| UYU | Uruguayan Peso |
| ZAR | South African Rand |

---

**Forward Foreign Currency Contracts**

The Fund may enter into forward foreign currency contracts, including forward foreign cross currency contracts, to acquire exposure to foreign currencies or to hedge the Fund's investments against currency fluctuation. A contract can also be used to offset a previous contract. These contracts involve market risk in excess of the unrealized appreciation (depreciation). The U.S. dollar value of the currencies the Fund has committed to buy or sell represents the aggregate exposure to each currency the Fund has acquired or hedged through currency contracts outstanding at period end. Gains or losses are recorded for financial statement purposes as unrealized until settlement date. Contracts are traded over-the-counter directly with a counterparty. Risks may arise upon entering into these contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in the value of a foreign currency relative to the U.S. dollar. Certain contracts may require the movement of cash and/or securities as collateral for the Fund's or counterparty's net obligations under the contracts.

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| At December 31, 2024, the Fund had the following open forward foreign currency contracts: | At December 31, 2024, the Fund had the following open forward foreign currency contracts: | At December 31, 2024, the Fund had the following open forward foreign currency contracts: | At December 31, 2024, the Fund had the following open forward foreign currency contracts: | At December 31, 2024, the Fund had the following open forward foreign currency contracts: | At December 31, 2024, the Fund had the following open forward foreign currency contracts: | At December 31, 2024, the Fund had the following open forward foreign currency contracts: | At December 31, 2024, the Fund had the following open forward foreign currency contracts: |
| **Counterparty** | &nbsp;&nbsp; **Delivery** <br>**Date**<br>| &nbsp;&nbsp; **Currency** <br>**Bought/** <br>**Sold (B/S)** | &nbsp;&nbsp; **Currency** <br>**Bought/** <br>**Sold (B/S)** | **Units** <br>**of** <br>**Currency**<br>| **In Exchange** <br>**for**<br>| **Notional** <br>**Value**<br>| **Unrealized** <br>**Appreciation** <br>**(Depreciation)**<br>|
| Bank of America N.A. | 3/06/2025 | BRL | &nbsp;&nbsp; S | &nbsp;&nbsp; 55000000 | &nbsp;&nbsp; $9392237 | &nbsp;&nbsp; $8801836 | &nbsp;&nbsp; $590401 |
| Bank of America N.A. | 3/19/2025 | JPY | &nbsp;&nbsp; B | &nbsp;&nbsp; 5864309000 | &nbsp;&nbsp; 38634357 | &nbsp;&nbsp; 37582766 | &nbsp;&nbsp; (1051591)<br>|
| Bank of America N.A. | 3/19/2025 | JPY | &nbsp;&nbsp; S | &nbsp;&nbsp; 102920000 | &nbsp;&nbsp; 676473 | &nbsp;&nbsp; 659586 | &nbsp;&nbsp; 16887 |
| Bank of America N.A. | 3/19/2025 | KRW | &nbsp;&nbsp; S | &nbsp;&nbsp; 19047379000 | &nbsp;&nbsp; 13358614 | &nbsp;&nbsp; 12974833 | &nbsp;&nbsp; 383781 |
| Bank of America N.A. | 3/19/2025 | MXN | &nbsp;&nbsp; S | &nbsp;&nbsp; 323885000 | &nbsp;&nbsp; 15782254 | &nbsp;&nbsp; 15339271 | &nbsp;&nbsp; 442983 |
| Bank of America N.A. | 3/19/2025 | ZAR | &nbsp;&nbsp; S | &nbsp;&nbsp; 98685000 | &nbsp;&nbsp; 5529036 | &nbsp;&nbsp; 5193430 | &nbsp;&nbsp; 335606 |
| HSBC Bank USA N.A. | 3/19/2025 | AUD | &nbsp;&nbsp; S | &nbsp;&nbsp; 13350000 | &nbsp;&nbsp; 8504551 | &nbsp;&nbsp; 8263903 | &nbsp;&nbsp; 240648 |
| HSBC Bank USA N.A. | 3/19/2025 | CAD | &nbsp;&nbsp; B | &nbsp;&nbsp; 15594000 | &nbsp;&nbsp; 10914952 | &nbsp;&nbsp; 10879104 | &nbsp;&nbsp; (35848)<br>|
| HSBC Bank USA N.A. | 3/19/2025 | CAD | &nbsp;&nbsp; S | &nbsp;&nbsp; 97436000 | &nbsp;&nbsp; 68916852 | &nbsp;&nbsp; 67975911 | &nbsp;&nbsp; 940941 |
| HSBC Bank USA N.A. | 3/19/2025 | CNH | &nbsp;&nbsp; B | &nbsp;&nbsp; 180000000 | &nbsp;&nbsp; 24833580 | &nbsp;&nbsp; 24575025 | &nbsp;&nbsp; (258555)<br>|
| HSBC Bank USA N.A. | 3/19/2025 | CNH | &nbsp;&nbsp; S | &nbsp;&nbsp; 2631000 | &nbsp;&nbsp; 361640 | &nbsp;&nbsp; 359205 | &nbsp;&nbsp; 2435 |
| Morgan Stanley Capital Services LLC | 3/19/2025 | EUR | &nbsp;&nbsp; B | &nbsp;&nbsp; 76351000 | &nbsp;&nbsp; 80733395 | &nbsp;&nbsp; 79351332 | &nbsp;&nbsp; (1382063)<br>|
| Morgan Stanley Capital Services LLC | 3/19/2025 | EUR | &nbsp;&nbsp; S | &nbsp;&nbsp; 2889000 | &nbsp;&nbsp; 3029950 | &nbsp;&nbsp; 3002528 | &nbsp;&nbsp; 27422 |
| Morgan Stanley Capital Services LLC | 3/19/2025 | NZD | &nbsp;&nbsp; S | &nbsp;&nbsp; 6003000 | &nbsp;&nbsp; 3493092 | &nbsp;&nbsp; 3361268 | &nbsp;&nbsp; 131824 |
| Royal Bank of Canada | 3/19/2025 | GBP | &nbsp;&nbsp; B | &nbsp;&nbsp; 2854000 | &nbsp;&nbsp; 3644769 | &nbsp;&nbsp; 3570881 | &nbsp;&nbsp; (73888)<br>|

---

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| At December 31, 2024, the Fund had the following open forward foreign currency contracts: | At December 31, 2024, the Fund had the following open forward foreign currency contracts: | At December 31, 2024, the Fund had the following open forward foreign currency contracts: | At December 31, 2024, the Fund had the following open forward foreign currency contracts: | At December 31, 2024, the Fund had the following open forward foreign currency contracts: | At December 31, 2024, the Fund had the following open forward foreign currency contracts: | At December 31, 2024, the Fund had the following open forward foreign currency contracts: | At December 31, 2024, the Fund had the following open forward foreign currency contracts: |
| **Counterparty** | &nbsp;&nbsp; **Delivery**<br> **Date**<br>| &nbsp;&nbsp; **Currency**<br> **Bought/**<br> **Sold (B/S)** | &nbsp;&nbsp; **Currency**<br> **Bought/**<br> **Sold (B/S)** | **Units**<br> **of**<br> **Currency**<br>| **In Exchange**<br> **for**<br>| **Notional**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| Royal Bank of Canada | 3/19/2025 | GBP | &nbsp;&nbsp; S | &nbsp;&nbsp; 4182000 | &nbsp;&nbsp; $5306117 | &nbsp;&nbsp; $5232454 | &nbsp;&nbsp; $73663 |
| UBS AG | 3/19/2025 | COP | &nbsp;&nbsp; S | &nbsp;&nbsp; 30469789000 | &nbsp;&nbsp; 6824905 | &nbsp;&nbsp; 6845434 | &nbsp;&nbsp; (20529)<br>|
| Total |  |  |  |  |  |  | &nbsp;&nbsp; $364117 |

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| At December 31, 2024, the Fund had the following open forward cross currency contracts: | At December 31, 2024, the Fund had the following open forward cross currency contracts: | At December 31, 2024, the Fund had the following open forward cross currency contracts: | At December 31, 2024, the Fund had the following open forward cross currency contracts: | At December 31, 2024, the Fund had the following open forward cross currency contracts: | At December 31, 2024, the Fund had the following open forward cross currency contracts: | At December 31, 2024, the Fund had the following open forward cross currency contracts: | At December 31, 2024, the Fund had the following open forward cross currency contracts: |
| **Counterparty** | &nbsp;&nbsp;&nbsp; **Settlement** <br>**Date**<br>| &nbsp;&nbsp;&nbsp; **Deliver/Units** <br>**of Currency** | &nbsp;&nbsp;&nbsp; **Deliver/Units** <br>**of Currency** | &nbsp;&nbsp;&nbsp; **Receive/Units** <br>**of Currency** | &nbsp;&nbsp;&nbsp; **Receive/Units** <br>**of Currency** | &nbsp;&nbsp; **Notional** <br>**Value**<br>| &nbsp;&nbsp; **Unrealized** <br>**Appreciation** <br>**(Depreciation)**<br>|
| HSBC Bank USA N.A. | 3/19/2025 | NOK | &nbsp;&nbsp;&nbsp; 30959000 | EUR | &nbsp;&nbsp;&nbsp; 2627229 | &nbsp;&nbsp;&nbsp; $2730470 | &nbsp;&nbsp;&nbsp; $11322 |

---

**Futures Contracts**

The Fund may enter into futures contracts. Futures contracts are agreements between two parties to buy and sell a particular instrument or index for a specified price on a specified future date.

When the Fund enters into a futures contract, it is required to deposit with (or for the benefit of) its broker an amount of cash or short-term high-quality securities as "initial margin." As the value of the contract changes, the value of the futures contract position increases or declines. Subsequent payments, known as "variation margin," are made or received by the Fund, depending on the price fluctuations in the fair value of the contract and the value of cash or securities on deposit with the broker. Realized gain or loss on a futures position is equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed, minus brokerage commissions. When the Fund enters into a futures contract certain risks may arise, such as illiquidity in the futures market, which may limit the Fund's ability to close out a futures contract prior to settlement date, and unanticipated movements in the value of securities or interest rates.

Futures contracts are exchange-traded. Exchange-traded futures contracts are standardized and are settled through a clearing house with fulfillment supported by the credit of the exchange. Therefore, counterparty credit risks to the Fund are reduced; however, in the event that a counterparty enters into bankruptcy, the Fund's claim against initial/variation margin on deposit with the counterparty may be subject to terms of a final settlement in bankruptcy court.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| At December 31, 2024, the Fund had the following open long futures contracts: | At December 31, 2024, the Fund had the following open long futures contracts: | At December 31, 2024, the Fund had the following open long futures contracts: | At December 31, 2024, the Fund had the following open long futures contracts: | At December 31, 2024, the Fund had the following open long futures contracts: | At December 31, 2024, the Fund had the following open long futures contracts: |
| **Financial Futures** | &nbsp;&nbsp;&nbsp; **Expiration** <br>**Date**<br>| **Contracts** | &nbsp;&nbsp; **Notional** <br>**Amount**<br>| **Value** | &nbsp;&nbsp; **Unrealized** <br>**Appreciation** <br>**(Depreciation)**<br>|
| CBOT 10 Year U.S. Treasury Notes Futures | 3/20/2025 | 357 | &nbsp;&nbsp;&nbsp; $39173032 | &nbsp;&nbsp;&nbsp; $38823750 | &nbsp;&nbsp;&nbsp; $(349282)<br>|
| CBOT 2 Year U.S. Treasury Notes Futures | 3/31/2025 | 162 | &nbsp;&nbsp;&nbsp; 33325583 | &nbsp;&nbsp;&nbsp; 33308719 | &nbsp;&nbsp;&nbsp; (16864)<br>|
| CBOT 5 Year U.S. Treasury Notes Futures | 3/31/2025 | 1100 | &nbsp;&nbsp;&nbsp; 117458548 | &nbsp;&nbsp;&nbsp; 116935157 | &nbsp;&nbsp;&nbsp; (523391)<br>|
| Total |  |  |  |  | &nbsp;&nbsp;&nbsp; $(889537)<br>|

---

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

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| At December 31, 2024, the Fund had the following open short futures contracts: | At December 31, 2024, the Fund had the following open short futures contracts: | At December 31, 2024, the Fund had the following open short futures contracts: | At December 31, 2024, the Fund had the following open short futures contracts: | At December 31, 2024, the Fund had the following open short futures contracts: | At December 31, 2024, the Fund had the following open short futures contracts: |
| **Financial Futures** | &nbsp;&nbsp;&nbsp; **Expiration** <br>**Date**<br>| **Contracts** | &nbsp;&nbsp; **Notional** <br>**Amount**<br>| **Value** | &nbsp;&nbsp; **Unrealized** <br>**Appreciation** <br>**(Depreciation)**<br>|
| CBOT U.S. Long Bond Futures | 3/20/2025 | 251 | &nbsp;&nbsp;&nbsp; $29231309 | &nbsp;&nbsp;&nbsp; $28574782 | &nbsp;&nbsp;&nbsp; $656527 |
| CBOT Ultra Long-Term U.S. Treasury Bond Futures | 3/20/2025 | 128 | &nbsp;&nbsp;&nbsp; 15704799 | &nbsp;&nbsp;&nbsp; 15220000 | &nbsp;&nbsp;&nbsp; 484799 |
| Ultra 10 Year U.S. Treasury Notes Futures | 3/20/2025 | 86 | &nbsp;&nbsp;&nbsp; 9704022 | &nbsp;&nbsp;&nbsp; 9572875 | &nbsp;&nbsp;&nbsp; 131147 |
| Total |  |  |  |  | &nbsp;&nbsp;&nbsp; $1272473 |

---

**Fair Value Measurements.**

In accordance with accounting standards related to fair value measurements and disclosures, the Fund has categorized the inputs utilized in determining the value of each Fund's assets or liabilities. These inputs are summarized in the three broad levels listed below:

&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 — quoted prices in active markets for identical assets or liabilities;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 — prices determined using other significant inputs that are observable either directly, or indirectly through corroboration with observable market data (which could include quoted prices for similar assets or liabilities, interest rates, credit risk, etc.); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 — prices determined using significant unobservable inputs when quoted prices or observable inputs are unavailable such as when there is little or no market activity for an asset or liability (unobservable inputs reflect each Fund's own assumptions in determining the fair value of assets or liabilities and would be based on the best information available).

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

The Fund's pricing policies have been approved by the Board of Trustees. Investments for which market quotations are readily available are categorized in Level 1. Other investments for which an independent pricing service is utilized are categorized in Level 2. Broker-dealer bid prices for which the Fund has knowledge of the inputs used

------

by the broker-dealer are categorized in Level 2. All other investments, including broker-dealer bid prices for which the Fund does not have knowledge of the inputs used by the broker-dealer, as well as investments fair valued by the valuation designee, are categorized in Level 3. All Level 2 and 3 securities are defined as being fair valued.

Under certain conditions and based upon specific facts and circumstances, the Fund's valuation designee may determine that a fair valuation should be made for portfolio investment(s). These valuation designee fair valuations will be based upon a significant amount of Level 3 inputs.

The following is a summary of the inputs used to value the Fund's investments as of December 31, 2024, at value:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Valuation Inputs** | **Asset Valuation Inputs** | **Asset Valuation Inputs** | **Asset Valuation Inputs** | **Asset Valuation Inputs** |
| Description | Level 1 | Level 2 | Level 3 | Total |
| Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp; France | $— | $26004520 | $— | $26004520 |
| &nbsp;&nbsp;&nbsp; Japan |  | 46710137 |  | 46710137 |
| &nbsp;&nbsp;&nbsp; Netherlands |  | 50259657 |  | 50259657 |
| &nbsp;&nbsp;&nbsp; Sweden |  | 58033955 |  | 58033955 |
| &nbsp;&nbsp;&nbsp; Taiwan |  | 68997549 |  | 68997549 |
| &nbsp;&nbsp;&nbsp; United Kingdom |  | 78493367 |  | 78493367 |
| &nbsp;&nbsp;&nbsp; United States | 1525773448 | 30755250 |  | 1556528698 |
| &nbsp;&nbsp;&nbsp; All Other Common Stocks(a) | 69262204 |  |  | 69262204 |
| Total Common Stocks | 1595035652 | 359254435 |  | 1954290087 |
| Bonds and Notes(a) |  | 905311760 |  | 905311760 |
| Senior Loans(a) |  | 18253268 |  | 18253268 |
| Short-Term Investments |  | 26129165 |  | 26129165 |
| Total Investments | 1595035652 | 1308948628 |  | 2903984280 |
| Forward Foreign Currency Contracts (unrealized appreciation) |  | 3197913 |  | 3197913 |
| Futures Contracts (unrealized appreciation) | 1272473 |  |  | 1272473 |
| Total | $1596308125 | $1312146541 | $— | $2908454666 |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Liability Valuation Inputs** | **Liability Valuation Inputs** | **Liability Valuation Inputs** | **Liability Valuation Inputs** | **Liability Valuation Inputs** |
| Description | Level 1 | Level 2 | Level 3 | Total |
| Forward Foreign Currency Contracts (unrealized depreciation) | $— | $(2822474)<br>| $— | $(2822474)<br>|
| Futures Contracts (unrealized depreciation) | (889537)<br>|  |  | (889537)<br>|
| Total | $(889537)<br>| $(2822474)<br>| $— | $(3712011)<br>|

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) Details of the major categories of the Fund's investments are reflected within the Portfolio of Investments.

**Derivatives**

Derivative instruments are defined as financial instruments whose value and performance are based on the value and performance of an underlying asset, reference rate or index. Derivative instruments that the Fund used at period end include forward foreign currency contracts and futures contracts.

The Fund is subject to the risk that changes in foreign currency exchange rates will have an unfavorable effect on the value of Fund assets denominated in foreign currencies. The Fund may enter into forward foreign currency exchange contracts for hedging purposes to protect the value of the Fund's holdings of foreign securities. The Fund may also use forward foreign currency contracts to gain exposure to foreign currencies, regardless of whether securities denominated in such currencies are held in the Fund. As of December 31, 2024, the Fund engaged in forward foreign currency contracts for hedging purposes and to gain exposure to foreign currencies.

The Fund is subject to the risk that changes in interest rates will affect the value of the Fund's investments in fixed-income securities. The Fund will be subject to increased interest rate risk to the extent that it invests in fixed-income securities with longer maturities or durations, as compared to investing in fixed-income securities with shorter maturities or durations. The Fund may use futures contracts to hedge against changes in interest rates and to manage duration without having to buy or sell portfolio securities. The Fund may also use futures contracts to gain investment exposure. As of December 31, 2024, the Fund used futures contracts to manage duration.

The following is a summary of derivative instruments for the Fund, as of December 31, 2024:

---

| | | | |
|:---|:---|:---|:---|
| **Assets** | &nbsp;&nbsp; **Unrealized** <br>**appreciation** <br>**on forward** <br>**foreign** <br>**currency** <br>**contracts**<br>| &nbsp;&nbsp; **Unrealized** <br>**appreciation** <br>**on futures** <br>**contracts**<br>| **Total** |
| Over-the-counter asset derivatives |  |  |  |
| &nbsp;&nbsp;&nbsp; Foreign exchange contracts | &nbsp;&nbsp;&nbsp; $3197913 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $3197913 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Assets** | &nbsp;&nbsp; **Unrealized**<br> **appreciation**<br> **on forward**<br> **foreign**<br> **currency**<br> **contracts**<br>| &nbsp;&nbsp; **Unrealized**<br> **appreciation**<br> **on futures**<br> **contracts**<br>| **Total** |
| Exchange-traded asset derivatives |  |  |  |
| &nbsp;&nbsp;&nbsp; Interest rate contracts | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $1272473 | &nbsp;&nbsp;&nbsp; $1272473 |
| Total asset derivatives | &nbsp;&nbsp;&nbsp; $3197913 | &nbsp;&nbsp;&nbsp; $1272473 | &nbsp;&nbsp;&nbsp; $4470386 |

---

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

---

| | | | |
|:---|:---|:---|:---|
| **Liabilities** | &nbsp;&nbsp; **Unrealized** <br>**depreciation** <br>**on forward** <br>**foreign** <br>**currency** <br>**contracts**<br>| &nbsp;&nbsp; **Unrealized** <br>**depreciation** <br>**on futures** <br>**contracts**<br>| **Total** |
| Over-the-counter liability derivatives |  |  |  |
| &nbsp;&nbsp;&nbsp; Foreign exchange contracts | &nbsp;&nbsp;&nbsp; $(2822474)<br>| &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $(2822474)<br>|
| Exchange-traded liability derivatives |  |  |  |
| &nbsp;&nbsp;&nbsp; Interest rate contracts | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (889537)<br>| &nbsp;&nbsp;&nbsp; (889537)<br>|
| Total liability derivatives | &nbsp;&nbsp;&nbsp; $(2822474)<br>| &nbsp;&nbsp;&nbsp; $(889537)<br>| &nbsp;&nbsp;&nbsp; $(3712011)<br>|

---

The Fund's derivatives do not qualify for hedge accounting under authoritative guidance for derivative instruments. The Fund's investments in derivatives may represent an economic hedge; however, they are considered to be non-hedge transactions for the purpose of this disclosure.

OTC derivatives, including forward foreign currency contracts, are entered into pursuant to International Swaps and Derivatives Association, Inc. ("ISDA") agreements negotiated between the Fund and its counterparties. ISDA agreements typically contain, among other things, terms for the posting of collateral and master netting provisions in the event of a default or other termination event. Collateral is posted by the Fund or the counterparty to the extent of the net mark-to-market exposure to the other party of all open contracts under the agreement, subject to minimum transfer requirements. Master netting provisions allow the Fund and the counterparty, in the event of a default or other termination event, to offset amounts owed by each related to derivative contracts, including any posted collateral, to one net amount payable by either the Fund or the counterparty. The Fund's ISDA agreements typically contain provisions that allow a counterparty to terminate open contracts early if the NAV of the Fund declines beyond a certain threshold. As of December 31, 2024, the Fund did not hold any derivative positions subject to these provisions that are in a net liability position by counterparty.

---

| | | |
|:---|:---|:---|
| **Counterparty:** | **Derivatives** | **Collateral Pledged** |
| Morgan Stanley Capital Services LLC | &nbsp;&nbsp;&nbsp; $(1222817)<br>| &nbsp;&nbsp;&nbsp; $745380 |
| Royal Bank of Canada | &nbsp;&nbsp;&nbsp; (225)<br>| &nbsp;&nbsp;&nbsp; — |
| UBS AG | &nbsp;&nbsp;&nbsp; (20529)<br>| &nbsp;&nbsp;&nbsp; — |

---

Counterparty risk is managed based on policies and procedures established by the Fund's adviser. Such policies and procedures may include, but are not limited to, minimum counterparty credit rating requirements, monitoring of counterparty credit default swap spreads and posting of collateral. A Fund's risk of loss from counterparty credit risk on over-the-counter derivatives is generally limited to the Fund's aggregated unrealized gains and the amount of any collateral pledged to the counterparty, which may be offset by any collateral posted to the Fund by the counterparty. ISDA master agreements can help to manage counterparty risk by specifying collateral posting arrangements at pre-arranged exposure levels. Under these ISDA agreements, collateral is routinely transferred if the total net exposure in respect of certain transactions, net of existing collateral already in place, exceeds a specified amount. With exchange-traded derivatives, there is minimal counterparty credit risk to the Fund because the exchange's clearing house, as counterparty to these instruments, stands between the buyer and the seller of the contract. Credit risk still exists in exchange-traded derivatives with respect to initial and variation margin that is held in a broker's customer accounts. While brokers typically are required to segregate customer margin for exchange-traded derivatives from their own assets, in the event that a broker becomes insolvent or goes into bankruptcy and at that time there is a shortfall in the aggregate amount of margin held by the broker for all its customers, U.S. bankruptcy laws will typically allocate that shortfall on a pro rata basis across all of the broker's customers, potentially resulting in losses to the Fund.

------

---

| | |
|:---|:---|
| Industry Summary at December 31, 2024 (Unaudited) | Industry Summary at December 31, 2024 (Unaudited) |
| Treasuries | &nbsp;&nbsp;&nbsp; 9.6% |
| Capital Markets | &nbsp;&nbsp;&nbsp; 8.1 |
| Semiconductors & Semiconductor Equipment | &nbsp;&nbsp;&nbsp; 7.8 |
| Machinery | &nbsp;&nbsp;&nbsp; 7.7 |
| Software | &nbsp;&nbsp;&nbsp; 4.7 |
| Specialty Retail | &nbsp;&nbsp;&nbsp; 4.4 |
| Life Sciences Tools & Services | &nbsp;&nbsp;&nbsp; 4.1 |
| IT Services | &nbsp;&nbsp;&nbsp; 4.0 |
| Broadline Retail | &nbsp;&nbsp;&nbsp; 3.7 |
| Interactive Media & Services | &nbsp;&nbsp;&nbsp; 3.3 |
| Financial Services | &nbsp;&nbsp;&nbsp; 3.0 |
| Sovereigns | &nbsp;&nbsp;&nbsp; 3.0 |
| Cable Satellite | &nbsp;&nbsp;&nbsp; 2.8 |
| Health Care Providers & Services | &nbsp;&nbsp;&nbsp; 2.2 |
| Consumer Staples Distribution & Retail | &nbsp;&nbsp;&nbsp; 2.2 |
| Chemicals | &nbsp;&nbsp;&nbsp; 2.2 |
| Hotels, Restaurants & Leisure | &nbsp;&nbsp;&nbsp; 2.1 |
| Other Investments, less than 2% each | 23.7 |
| Short-Term Investments | &nbsp;&nbsp;&nbsp; 0.9 |
| Total Investments | 99.5 |
| Other assets less liabilities (including forward foreign currency and futures contracts) | &nbsp;&nbsp;&nbsp; 0.5 |
| Net Assets | 100.0% |

---

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

---

| | |
|:---|:---|
| Currency Exposure Summary at December 31, 2024 (Unaudited) | Currency Exposure Summary at December 31, 2024 (Unaudited) |
| United States Dollar | 75.9% |
| Euro | &nbsp;&nbsp;&nbsp; 5.2 |
| Canadian Dollar | &nbsp;&nbsp;&nbsp; 4.1 |
| British Pound | &nbsp;&nbsp;&nbsp; 3.6 |
| New Taiwan Dollar | &nbsp;&nbsp;&nbsp; 2.4 |
| Swedish Krona | &nbsp;&nbsp;&nbsp; 2.1 |
| Other, less than 2% each | &nbsp;&nbsp;&nbsp; 6.2 |
| Total Investments | 99.5 |
| Other assets less liabilities (including forward foreign currency and futures contracts) | &nbsp;&nbsp;&nbsp; 0.5 |
| Net Assets | 100.0% |

---

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** LOOMIS SAYLES FUNDS II

- **b. Investment Company Act file number:** 811-06241

- **c. CIK number of Registrant:** 0000872649

- **d. LEI of Registrant:** 5493007QOEDY6IHOTU14

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

  - **Street Address 1:** 888 BOYLSTON STREET

  - **City:** BOSTON

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02199-8197

  - **Telephone number:** 617-449-2139

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

- **a. Name of Series:** Loomis Sayles Global Allocation Fund

- **b. EDGAR series identifier (if any):** S000006698

- **c. LEI of Series:** 549300FX8N6EEUB2RZ68

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

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2024-12-31

**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:** $2927125271.81

**Total Liabilities:** $6246430.51

**Net Assets:** $2920878841.30

**Cash Not Reported:** $5779145.19

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -944.65000000 | **1-Year:** -17748.19000000 | **5-Year:** -88839.87000000 | **10-Year:** -74792.24000000 | **30-Year:** -18997.93000000

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

- **3-Month:** -543.75000000 | **1-Year:** -18662.28000000 | **5-Year:** -64817.09000000 | **10-Year:** -45001.28000000 | **30-Year:** -10094.45000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000182249 | -2.74%               | 4.00%                | -3.18%               |
| Class ID C000027671 | -2.85%               | 3.91%                | -3.25%               |
| Class ID C000027670 | -2.79%               | 3.95%                | -3.14%               |
| Class ID C000018226 | -2.75%               | 3.97%                | -3.16%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $16584846.34             | $-100190614.15                             |
| Month 2  | $17403801.45             | $98550127.90                               |
| Month 3  | $20585502.30             | $-121126548.43                             |

**Designated Index Information**

- **Index Name:** Fund's Securities Portfolio

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ANTOFAGASTA PLC                                         | Antofagasta PLC                                                                  | CUSIP: 03718NAC0<br>LEI: 213800MY6QVH4FVLD628 | Long             | DBT              | CORP              | GB        |      510000 | PA      | $517863.46    | 0.02%             | 2034-05-02      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                          | Morgan Stanley                                                                   | CUSIP: 61747YEF8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     1415000 | PA      | $1150866.22   | 0.04%             | 2036-09-16      | Fixed         | 2.48%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                           | Boeing Co/The                                                                    | CUSIP: 097023DT9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     9335000 | PA      | $9921672.92   | 0.34%             | 2054-05-01      | Fixed         | 6.86%                 | No            |                  2 | On Loan: No      |
| SIGMA FINANCE NL                                        | Sigma Finance Netherlands BV                                                     | CUSIP: 000000000<br>LEI: 549300K5R8C331KIC659 | Long             | DBT              | CORP              | NL        |     2090000 | PA      | $2057111.34   | 0.07%             | 2028-03-27      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                            | Broadcom Inc                                                                     | CUSIP: 11135FBQ3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |      690000 | PA      | $555822.61    | 0.02%             | 2036-11-15      | Fixed         | 3.19%                 | No            |                  2 | On Loan: No      |
| DILLARDS INC                                            | Dillard's Inc                                                                    | CUSIP: 254063AU4<br>LEI: 529900FGYKMWL6019P91 | Long             | DBT              | CORP              | US        |        8000 | PA      | $8253.84      | 0.00%             | 2026-07-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| LVMH Moet Hennessy Louis Vuitton SE                     | LVMH Moet Hennessy Louis Vuitton SE                                              | CUSIP: 000000000<br>LEI: IOG4E947OATN0KJYSD45 | Long             | EC               | CORP              | FR        |       39533 | NS      | $26004520.26  | 0.89%             |  |  |  | No            |                  2 | On Loan: No      |
| Salesforce Inc                                          | Salesforce Inc                                                                   | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      121745 | NS      | $40703005.85  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| FLUTTER FINANCING B V                                   | Flutter Financing BV 2024 Term Loan B                                            | CUSIP: 000000000<br>LEI: 635400EG4YIJLJMZJ782 | Long             | LON              | CORP              | IE        |      485000 | PA      | $483486.80    | 0.02%             | 2030-11-30      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| QATAR ENERGY                                            | QatarEnergy                                                                      | CUSIP: 74730DAC7<br>LEI: 254900QTESJKJ3P87J26 | Long             | DBT              | CORP              | QA        |     1600000 | PA      | $1347257.60   | 0.05%             | 2031-07-12      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| TURKCELL ILETISIM HIZMET                                | Turkcell Iletisim Hizmetleri AS                                                  | CUSIP: 000000000<br>LEI: 7890003EX1LTLS2FFL84 | Long             | DBT              | CORP              | TR        |     1415000 | PA      | $1370230.82   | 0.05%             | 2028-04-11      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Blackrock Inc                                           | Blackrock Inc                                                                    | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |       59726 | NS      | $61225719.86  | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                                           | Accenture PLC                                                                    | CUSIP: 000000000<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |       68680 | NS      | $24160937.20  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Mexico Government International Bonds                   | Mexico Government International Bonds                                            | CUSIP: 91087BAT7<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |      810000 | PA      | $724955.08    | 0.02%             | 2033-05-19      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                                        | PURCHASED USD / SOLD CAD                                                         | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |           1 | NC      | $930764.01    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                      | Banco Santander SA                                                               | CUSIP: 05964HAN5<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |     2000000 | PA      | $1890703.12   | 0.06%             | 2027-09-14      | Fixed         | 1.72%                 | No            |                  2 | On Loan: No      |
| Colombia Government International Bonds                 | Colombia Government International Bonds                                          | CUSIP: 195325DS1<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |     4480000 | PA      | $3554880.00   | 0.12%             | 2031-04-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                                | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAT6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |      650000 | PA      | $640263.98    | 0.02%             | 2029-09-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| FONTERRA COOPERATIVE GRP                                | Fonterra Co-operative Group Ltd                                                  | CUSIP: 000000000<br>LEI: 549300NCQQ9E4O5JX172 | Long             | DBT              | CORP              | NZ        |      700000 | PA      | $425067.73    | 0.01%             | 2027-11-02      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MATADOR RESOURCES CO                                    | Matador Resources Co                                                             | CUSIP: 576485AF3<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |      155000 | PA      | $157143.81    | 0.01%             | 2028-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                                | Rogers Communications Inc                                                        | CUSIP: 775109CQ2<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |     2960000 | PA      | $1998373.23   | 0.07%             | 2029-12-10      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| America Movil SAB de CV                                 | America Movil SAB de CV                                                          | CUSIP: 000000000<br>LEI: 5493000FNR3UCEAONM59 | Long             | DBT              | CORP              | MX        |      770000 | PA      | $782717.58    | 0.03%             | 2028-03-10      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                            | UBS Group AG                                                                     | CUSIP: 225401AZ1<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |      750000 | PA      | $792532.50    | 0.03%             | 2033-08-12      | Fixed         | 6.54%                 | No            |                  2 | On Loan: No      |
| UniCredit SpA                                           | UniCredit SpA                                                                    | CUSIP: 904678AQ2<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |      830000 | PA      | $867139.10    | 0.03%             | 2034-04-02      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| Six Flags Entertainment Corporation                     | Six Flags Entertainment Corporation 2024 Term Loan B                             | CUSIP: 15018LAN1<br>LEI: 529900AS2CYWYFHRS781 | Long             | LON              | CORP              | US        |      243775 | PA      | $244155.29    | 0.01%             | 2031-05-01      | Floating      | 6.36%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                 | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153BG6<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     3280000 | PA      | $3255497.09   | 0.11%             | 2028-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Australia Government Bonds                              | Australia Government Bonds                                                       | CUSIP: 000000000<br>LEI: 213800J6B7JSBDETCB42 | Long             | DBT              | NUSS              | AU        |     5325000 | PA      | $3112722.89   | 0.11%             | 2026-09-21      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                  | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2525000 | PA      | $2048507.25   | 0.07%             | 2034-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                       | Post Holdings Inc                                                                | CUSIP: 737446AR5<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |      870000 | PA      | $779383.27    | 0.03%             | 2031-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WILLOW NO.2 FOR ZURICH I                                | Willow No 2 Ireland PLC for Zurich Insurance Co Ltd                              | CUSIP: 000000000<br>LEI: 549300B0B1XTFDS6V025 | Long             | DBT              | CORP              | IE        |      340000 | PA      | $336455.84    | 0.01%             | 2045-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                                      | Dominican Republic International Bond                                            | CUSIP: 25714PEF1<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     1155000 | PA      | $1030260.00   | 0.04%             | 2032-09-23      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NATURGY FIN IBERIA SA                                   | Naturgy Finance Iberia SA                                                        | CUSIP: 000000000<br>LEI: 2138005FTXOJUBQ5J563 | Long             | DBT              | CORP              | ES        |      700000 | PA      | $696665.29    | 0.02%             | 2028-01-29      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                                        | PURCHASED EUR / SOLD NOK                                                         | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | XX        |           1 | NC      | $11322.28     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                    | Bank of America Corp                                                             | CUSIP: 060505FZ2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     2865000 | PA      | $1942288.43   | 0.07%             | 2027-09-15      | Fixed         | 1.98%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                     | Nomura Holdings Inc                                                              | CUSIP: 65535HAR0<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |     2000000 | PA      | $1966785.02   | 0.07%             | 2025-07-16      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                  | UnitedHealth Group Inc                                                           | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      127871 | NS      | $64684824.06  | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                  | US 5YR NOTE (CBT) MAR25                                                          | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |        1100 | NC      | $-523391.00   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                                         | ASML Holding NV                                                                  | CUSIP: 000000000<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |       71755 | NS      | $50259656.71  | 1.72%             |  |  |  | No            |                  2 | On Loan: No      |
| MOLINA HEALTHCARE INC                                   | Molina Healthcare Inc                                                            | CUSIP: 60855RAL4<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |      655000 | PA      | $565633.44    | 0.02%             | 2032-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175CG7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1075000 | PA      | $654827.70    | 0.02%             | 2062-06-30      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| RAIZEN FUELS FINANCE                                    | Raizen Fuels Finance SA                                                          | CUSIP: 75102XAA4<br>LEI: 52990010NH26VC32Q522 | Long             | DBT              | CORP              | LU        |      575000 | PA      | $570786.18    | 0.02%             | 2027-01-20      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                      | Banco Santander SA                                                               | CUSIP: 05964HAZ8<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |      800000 | PA      | $870225.46    | 0.03%             | 2033-11-07      | Fixed         | 6.94%                 | No            |                  2 | On Loan: No      |
| INDONESIA GOVERNMENT                                    | Indonesia Treasury Bond                                                          | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        | 43840000000 | PA      | $2716282.27   | 0.09%             | 2030-09-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Australia Government Bonds                              | Australia Government Bonds                                                       | CUSIP: 000000000<br>LEI: 213800J6B7JSBDETCB42 | Long             | DBT              | NUSS              | AU        |     5540000 | PA      | $3093354.89   | 0.11%             | 2033-11-21      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NOTA DO TESOURO NACIONAL                                | Brazil Notas do Tesouro Nacional Serie F                                         | CUSIP: 000000000<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    25149000 | PA      | $3060444.80   | 0.10%             | 2035-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                                | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                              | CUSIP: 77313LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     4510000 | PA      | $3756218.62   | 0.13%             | 2033-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DILLARDS INC                                            | Dillard's Inc                                                                    | CUSIP: 254067AN1<br>LEI: 529900FGYKMWL6019P91 | Long             | DBT              | CORP              | US        |       50000 | PA      | $52174.50     | 0.00%             | 2028-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Time Warner Cable LLC                                   | Time Warner Cable LLC                                                            | CUSIP: 88732JBD9<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |       90000 | PA      | $67328.82     | 0.00%             | 2042-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DIAGEO CAPITAL PLC                                      | Diageo Capital PLC                                                               | CUSIP: 25243YBE8<br>LEI: 213800L23DJLALFC4O95 | Long             | DBT              | CORP              | GB        |     1420000 | PA      | $1159562.22   | 0.04%             | 2032-04-29      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| LOGICOR FINANCING SARL                                  | Logicor Financing Sarl                                                           | CUSIP: 000000000<br>LEI: 254900IS16Q1A2TQFN22 | Long             | DBT              | CORP              | LU        |     1490000 | PA      | $1402440.46   | 0.05%             | 2030-01-17      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                  | Mizuho Financial Group Inc                                                       | CUSIP: 60687YBU2<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |     2020000 | PA      | $1689914.24   | 0.06%             | 2031-09-13      | Fixed         | 2.56%                 | No            |                  2 | On Loan: No      |
| Freeport-McMoRan Inc                                    | Freeport-McMoRan Inc                                                             | CUSIP: 35671DBJ3<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |     4795000 | PA      | $4741673.37   | 0.16%             | 2034-11-14      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Electricite de France SA                                | Electricite de France SA                                                         | CUSIP: 268317AV6<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |     1410000 | PA      | $1258269.91   | 0.04%             | 2038-09-21      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PARAGUAY                                    | Paraguay Government International Bond                                           | CUSIP: 699149AJ9<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |     1420000 | PA      | $1358230.00   | 0.05%             | 2031-04-28      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                                   | Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | CUSIP: 451102CC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      635000 | PA      | $530403.44    | 0.02%             | 2029-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA                                | Cooperatieve Rabobank UA                                                         | CUSIP: 21684AAC0<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |      870000 | PA      | $865693.50    | 0.03%             | 2025-08-04      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CODELCO INC                                             | Corp Nacional del Cobre de Chile                                                 | CUSIP: 21987BBH0<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |      275000 | PA      | $268171.50    | 0.01%             | 2053-09-08      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Ecopetrol SA                                            | Ecopetrol SA                                                                     | CUSIP: 279158AJ8<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |     2536000 | PA      | $1747114.89   | 0.06%             | 2045-05-28      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Costco Wholesale Corp                                   | Costco Wholesale Corp                                                            | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |       69313 | NS      | $63509422.51  | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| OVINTIV INC                                             | Ovintiv Inc                                                                      | CUSIP: 292505AD6<br>LEI: 2549003MEX7YMKLGI239 | Long             | DBT              | CORP              | US        |      315000 | PA      | $326308.66    | 0.01%             | 2034-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| New Zealand Government Bonds                            | New Zealand Government Bonds                                                     | CUSIP: 000000000<br>LEI: 549300237GPHG2AI7C34 | Long             | DBT              | NUSS              | NZ        |     6310000 | PA      | $3023120.22   | 0.10%             | 2031-05-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| TENCENT HOLDINGS LTD                                    | Tencent Holdings Ltd                                                             | CUSIP: 88032WBA3<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |      625000 | PA      | $546738.44    | 0.02%             | 2031-04-22      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| FED CAISSES DESJARDINS                                  | Federation des Caisses Desjardins du Quebec                                      | CUSIP: 31430WDW1<br>LEI: 549300B2Q47IR0CR5B54 | Long             | DBT              | CORP              | CA        |     2965000 | PA      | $2057709.38   | 0.07%             | 2030-05-26      | Fixed         | 2.86%                 | No            |                  2 | On Loan: No      |
| DH EUROPE FINANCE II                                    | DH Europe Finance II Sarl                                                        | CUSIP: 23291KAC9<br>LEI: 222100KDGL314CKTZ511 | Long             | DBT              | CORP              | LU        |      940000 | PA      | $839040.10    | 0.03%             | 2031-09-18      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                            | Broadcom Inc                                                                     | CUSIP: 11135FBF7<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     2845000 | PA      | $2351667.38   | 0.08%             | 2033-02-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                                           | EchoStar Corp                                                                    | CUSIP: 278768AC0<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |    19499106 | PA      | $20967104.58  | 0.72%             | 2029-11-30      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| BLACKSTONE PP EUR HOLD                                  | Blackstone Property Partners Europe Holdings Sarl                                | CUSIP: 000000000<br>LEI: 213800Y3B5GQFBGVHP79 | Long             | DBT              | CORP              | LU        |     1905000 | PA      | $1759388.68   | 0.06%             | 2030-04-20      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| Norway Government Bonds                                 | Norway Government Bonds                                                          | CUSIP: 000000000<br>LEI: 549300L0BT3FJTN9MX24 | Long             | DBT              | NUSS              | NO        |    16500000 | PA      | $1409183.55   | 0.05%             | 2026-02-19      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                            | UBS Group AG                                                                     | CUSIP: 225401AU2<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |     2960000 | PA      | $2574555.22   | 0.09%             | 2032-05-14      | Fixed         | 3.09%                 | No            |                  2 | On Loan: No      |
| AMERICA MOVIL SAB DE CV                                 | America Movil SAB de CV                                                          | CUSIP: 02364WBJ3<br>LEI: 5493000FNR3UCEAONM59 | Long             | DBT              | CORP              | MX        |      860000 | PA      | $767003.49    | 0.03%             | 2030-05-07      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| CORP FINANCIERA DE DESAR                                | Corp Financiera de Desarrollo SA                                                 | CUSIP: 21987DAE4<br>LEI: 254900BOM7T4MG6T0J30 | Long             | DBT              | NUSS              | PE        |     3220000 | PA      | $2970353.40   | 0.10%             | 2027-09-28      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM PARTNER                                | EnLink Midstream Partners LP                                                     | CUSIP: 29336UAG2<br>LEI: 88CPW63VL7KHJWS0NY83 | Long             | DBT              | CORP              | US        |      575000 | PA      | $517449.31    | 0.02%             | 2047-06-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| POLAND GOVERNMENT BOND                                  | Republic of Poland Government Bond                                               | CUSIP: 000000000<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |    12970000 | PA      | $3109891.38   | 0.11%             | 2025-07-25      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                                    | Glencore Funding LLC                                                             | CUSIP: 378272BU1<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    11515000 | PA      | $11463848.76  | 0.39%             | 2034-04-04      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Prologis Euro Finance LLC                               | Prologis Euro Finance LLC                                                        | CUSIP: 74341EAA0<br>LEI: 549300MI5D1784PRQH06 | Long             | DBT              |  | US        |     1450000 | PA      | $1443096.89   | 0.05%             | 2029-01-05      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| CAIXABANK SA                                            | CaixaBank SA                                                                     | CUSIP: 12803RAA2<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |     1260000 | PA      | $1290986.71   | 0.04%             | 2029-01-18      | Fixed         | 6.21%                 | No            |                  2 | On Loan: No      |
| ZF NA CAPITAL                                           | ZF North America Capital Inc                                                     | CUSIP: 98877DAG0<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |      690000 | PA      | $654287.15    | 0.02%             | 2032-04-23      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Bank of America NA                                      | PURCHASED USD / SOLD KRW                                                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |           1 | NC      | $383780.61    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Government Ten Year Bonds                         | Japan Government Ten Year Bonds                                                  | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |   656950000 | PA      | $4190250.85   | 0.14%             | 2034-06-20      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| Republic of Turkiye                                     | Republic of Turkiye                                                              | CUSIP: 900123DN7<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     1375000 | PA      | $1284662.50   | 0.04%             | 2035-01-03      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                   | Mexico Government International Bonds                                            | CUSIP: 91087BAZ3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |      750000 | PA      | $705774.23    | 0.02%             | 2036-05-07      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                                     | NCL Corp Ltd                                                                     | CUSIP: 62886HBA8<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |     4600000 | PA      | $4593756.88   | 0.16%             | 2026-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FONTERRA COOPERATIVE GRP                                | Fonterra Co-operative Group Ltd                                                  | CUSIP: 000000000<br>LEI: 549300NCQQ9E4O5JX172 | Long             | DBT              | CORP              | NZ        |     4200000 | PA      | $2567745.64   | 0.09%             | 2026-06-16      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Prologis LP                                             | Prologis LP                                                                      | CUSIP: 74340XBF7<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |      365000 | PA      | $411765.42    | 0.01%             | 2029-06-30      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                           | DISH DBS Corp                                                                    | CUSIP: 25470XBF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      795000 | PA      | $679720.65    | 0.02%             | 2028-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| IHEARTCOMMUNICATIONS INC                                | iHeartCommunications Inc                                                         | CUSIP: 45174HBM8<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |     1637600 | PA      | $1281307.37   | 0.04%             | 2030-08-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| ENTEL CHILE SA                                          | Empresa Nacional de Telecomunicaciones SA                                        | CUSIP: 29245VAE5<br>LEI: 529900N4SUIP0URJT330 | Long             | DBT              | CORP              | CL        |      595000 | PA      | $488359.88    | 0.02%             | 2032-09-14      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                                   | Micron Technology Inc                                                            | CUSIP: 595112BZ5<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |     6240000 | PA      | $6391141.91   | 0.22%             | 2033-02-09      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CEMEX SAB DE CV                                         | Cemex SAB de CV                                                                  | CUSIP: 151290BZ5<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |     1950000 | PA      | $1699649.39   | 0.06%             | 2031-07-11      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CK HUTCHISON INTL 19 LTD                                | CK Hutchison International 19 Ltd                                                | CUSIP: 12564CAB2<br>LEI: 254900FPY8WXG61CMU70 | Long             | DBT              | CORP              | KY        |     1350000 | PA      | $1281078.45   | 0.04%             | 2029-04-11      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                        | CSC Holdings LLC                                                                 | CUSIP: 126307BA4<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |      495000 | PA      | $281586.82    | 0.01%             | 2030-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MACQUARIE AIRFINANCE HLD                                | Macquarie Airfinance Holdings Ltd                                                | CUSIP: 55609NAD0<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |      135000 | PA      | $139466.07    | 0.00%             | 2031-03-26      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Spain Government Bonds                                  | Spain Government Bonds                                                           | CUSIP: 000000000<br>LEI: 9598007A56S18711AH60 | Long             | DBT              | NUSS              | ES        |     2355000 | PA      | $2538852.23   | 0.09%             | 2029-05-31      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                                        | PURCHASED USD / SOLD CNH                                                         | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |           1 | NC      | $2435.09      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ANTARES HOLDINGS                                        | Antares Holdings LP                                                              | CUSIP: 03666HAE1<br>LEI: 5493008EAIGV4283RM42 | Long             | DBT              | CORP              | US        |      505000 | PA      | $477809.54    | 0.02%             | 2027-07-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                                 | Romanian Government International Bond                                           | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     1100000 | PA      | $864989.32    | 0.03%             | 2033-04-14      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                            | Broadcom Inc                                                                     | CUSIP: 11135FBL4<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     6870000 | PA      | $5953955.78   | 0.20%             | 2034-04-15      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                  | U.S. Treasury Notes                                                              | CUSIP: 91282CLY5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     4420000 | PA      | $4419121.08   | 0.15%             | 2026-11-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA                                | Republic of South Africa Government International Bond                           | CUSIP: 836205BF0<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    19900000 | PA      | $19396350.90  | 0.66%             | 2036-11-19      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| SIEMENS FINANCIERINGSMAT                                | Siemens Financieringsmaatschappij NV                                             | CUSIP: 82620KAL7<br>LEI: TAFO772JB70PDRN5VS48 | Long             | DBT              | CORP              | NL        |     1450000 | PA      | $1395703.43   | 0.05%             | 2026-10-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp/VA                    | TOBACCO SETTLEMENT FING CORP VA                                                  | CUSIP: 88880NAT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      115000 | PA      | $96265.67     | 0.00%             | 2046-06-01      | Fixed         | 6.71%                 | No            |                  2 | On Loan: No      |
| VIDEOTRON LTD / LTEE                                    | Videotron Ltd                                                                    | CUSIP: 92660FAK0<br>LEI: 549300LW4GNJRBECSD81 | Long             | DBT              | CORP              | CA        |     1580000 | PA      | $1572254.21   | 0.05%             | 2027-04-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| ORBIA ADVANCE CORP SAB                                  | Orbia Advance Corp SAB de CV                                                     | CUSIP: 68560EAA6<br>LEI: 549300MVHZ20SBIOEQ79 | Long             | DBT              | CORP              | MX        |     1850000 | PA      | $1747047.50   | 0.06%             | 2026-05-11      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| DIRECTV FIN LLC/COINC                                   | Directv Financing LLC / Directv Financing Co-Obligor Inc                         | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      355000 | PA      | $345876.02    | 0.01%             | 2027-08-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| NETFLIX INC                                             | Netflix Inc                                                                      | CUSIP: 64110LAV8<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |     2020000 | PA      | $2011013.57   | 0.07%             | 2030-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Brookfield Finance Inc                                  | Brookfield Finance Inc                                                           | CUSIP: 11271LAC6<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |     1015000 | PA      | $987440.30    | 0.03%             | 2028-01-25      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Alphabet Inc                                            | Alphabet Inc                                                                     | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      506538 | NS      | $95887643.40  | 3.28%             |  |  |  | No            |                  1 | On Loan: No      |
| INTL BK RECON & DEVELOP                                 | International Bank for Reconstruction & Development                              | CUSIP: 459058JY0<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    10030000 | PA      | $6787423.70   | 0.23%             | 2026-07-22      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER CHILE                                   | Banco Santander Chile                                                            | CUSIP: 05970FAD3<br>LEI: 3YJP8HORPAEXJ80D6368 | Long             | DBT              | CORP              | CL        |     2525000 | PA      | $2201800.00   | 0.08%             | 2031-10-26      | Fixed         | 3.18%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                                   | Uber Technologies Inc                                                            | CUSIP: 90353TAK6<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |    13115000 | PA      | $12683360.43  | 0.43%             | 2029-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NORDIC INVESTMENT BANK                                  | Nordic Investment Bank                                                           | CUSIP: 000000000<br>LEI: 213800HYL1S7VAXG6Z48 | Long             | DBT              | NUSS              | XX        |    16750000 | PA      | $1462200.22   | 0.05%             | 2025-03-13      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Bank of America NA                                      | PURCHASED USD / SOLD BRL                                                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |           1 | NC      | $590401.25    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Allison Transmission Holdings Inc                       | Allison Transmission Holdings Inc                                                | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               | CORP              | US        |      457533 | NS      | $49441015.98  | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| PILGRIM'S PRIDE CORP                                    | Pilgrim's Pride Corp                                                             | CUSIP: 72147KAH1<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |     1265000 | PA      | $1090825.12   | 0.04%             | 2032-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BAUSCH + LOMB CORP                                      | Bausch + Lomb Corp                                                               | CUSIP: 071705AA5<br>LEI: 549300NY6OZM39SO6475 | Long             | DBT              | CORP              | CA        |       10000 | PA      | $10350.00     | 0.00%             | 2028-10-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| EQT CORP                                                | EQT Corp                                                                         | CUSIP: 26884LAN9<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |     1230000 | PA      | $1096011.11   | 0.04%             | 2031-05-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| UniCredit SpA                                           | UniCredit SpA                                                                    | CUSIP: 904678AF6<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |     1460000 | PA      | $1459854.00   | 0.05%             | 2032-06-19      | Fixed         | 5.86%                 | No            |                  2 | On Loan: No      |
| KOREA TREASURY BOND                                     | Korea Treasury Bond                                                              | CUSIP: 000000000<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |  4500000000 | PA      | $3037221.07   | 0.10%             | 2025-09-10      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| Turkiye Government International Bonds                  | Turkiye Government International Bonds                                           | CUSIP: 900123CY4<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     3480000 | PA      | $3249282.96   | 0.11%             | 2030-03-13      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV SA/                                | Anheuser-Busch InBev SA/NV                                                       | CUSIP: 000000000<br>LEI: 5493008H3828EMEXB082 | Long             | DBT              | CORP              | BE        |     2745000 | PA      | $2571336.05   | 0.09%             | 2035-01-23      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAX3<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |     3245000 | PA      | $2827431.13   | 0.10%             | 2032-01-30      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| COCA-COLA FEMSA SAB CV                                  | Coca-Cola Femsa SAB de CV                                                        | CUSIP: 191241AH1<br>LEI: 5493008KEVFYPMGTXO33 | Long             | DBT              | CORP              | MX        |     1775000 | PA      | $1589476.65   | 0.05%             | 2030-01-22      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| SUZANO AUSTRIA GMBH                                     | Suzano Austria GmbH                                                              | CUSIP: 86964WAK8<br>LEI: 254900287ZNSGVP1R341 | Long             | DBT              | CORP              | AT        |     1185000 | PA      | $983193.55    | 0.03%             | 2032-01-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                                     | Travel + Leisure Co                                                              | CUSIP: 894164AA0<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |     4075000 | PA      | $3805886.39   | 0.13%             | 2029-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PILGRIM'S PRIDE CORP                                    | Pilgrim's Pride Corp                                                             | CUSIP: 72147KAJ7<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |      315000 | PA      | $289878.83    | 0.01%             | 2031-04-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| TD SYNNEX CORP                                          | TD SYNNEX Corp                                                                   | CUSIP: 87162WAL4<br>LEI: 5493004HI6PFLF46NS53 | Long             | DBT              | CORP              | US        |      665000 | PA      | $682434.86    | 0.02%             | 2034-04-12      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Turkiye Government International Bonds                  | Turkiye Government International Bonds                                           | CUSIP: 900123CT5<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     2980000 | PA      | $3088248.50   | 0.11%             | 2029-04-26      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                      | Realty Income Corp                                                               | CUSIP: 756109AY0<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |     1100000 | PA      | $1123512.43   | 0.04%             | 2030-12-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                   | Mexico Government International Bonds                                            | CUSIP: 91087BAR1<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     1880000 | PA      | $1495568.97   | 0.05%             | 2034-02-12      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PROLOGIS EURO FINANCE                                   | Prologis Euro Finance LLC                                                        | CUSIP: 000000000<br>LEI: 549300MI5D1784PRQH06 | Long             | DBT              |  | US        |     2165000 | PA      | $2093413.50   | 0.07%             | 2027-09-10      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                    | Bank of America Corp                                                             | CUSIP: 06051GKC2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     1370000 | PA      | $1116195.07   | 0.04%             | 2036-09-21      | Fixed         | 2.48%                 | No            |                  2 | On Loan: No      |
| Silgan Holdings Inc                                     | Silgan Holdings Inc                                                              | CUSIP: 000000000<br>LEI: KAF673KJXD92C8KSLU49 | Long             | DBT              | CORP              | US        |      140000 | PA      | $144545.09    | 0.00%             | 2025-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Italy Buoni Poliennali Del Tesoro                       | Italy Buoni Poliennali Del Tesoro                                                | CUSIP: 000000000<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |     2305000 | PA      | $2445414.35   | 0.08%             | 2026-09-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| KIMBERLY-CLARK DE MEXICO                                | Kimberly-Clark de Mexico SAB de CV                                               | CUSIP: 494386AD7<br>LEI: 549300JGHL56QT00KT54 | Long             | DBT              | CORP              | MX        |      840000 | PA      | $711870.26    | 0.02%             | 2031-07-01      | Fixed         | 2.43%                 | No            |                  2 | On Loan: No      |
| MEX BONOS DESARR FIX RT                                 | Mexican Bonos                                                                    | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   106446600 | PA      | $4836630.06   | 0.17%             | 2029-05-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                                | Western Midstream Operating LP                                                   | CUSIP: 958667AC1<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |      360000 | PA      | $337663.27    | 0.01%             | 2030-02-01      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| SENSATA TECH INC                                        | Sensata Technologies Inc                                                         | CUSIP: 81728UAA2<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |       60000 | PA      | $54962.22     | 0.00%             | 2030-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Cummins Inc                                             | Cummins Inc                                                                      | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |      145564 | NS      | $50743610.40  | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                                | Venture Global Calcasieu Pass LLC                                                | CUSIP: 92328MAC7<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |      895000 | PA      | $768914.83    | 0.03%             | 2033-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MACQUARIE GROUP LTD                                     | Macquarie Group Ltd                                                              | CUSIP: 55608JAZ1<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | CORP              | AU        |     5000000 | PA      | $4223789.80   | 0.14%             | 2033-01-14      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| Bank of America NA                                      | PURCHASED USD / SOLD ZAR                                                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |           1 | NC      | $335605.97    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| ENBRIDGE GAS INC                                        | Enbridge Gas Inc                                                                 | CUSIP: 29260ZAC0<br>LEI: 5493008F8CJ4MIYYVW73 | Long             | DBT              | CORP              | CA        |     4695000 | PA      | $3152471.46   | 0.11%             | 2030-04-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Italy Buoni Poliennali Del Tesoro                       | Italy Buoni Poliennali Del Tesoro                                                | CUSIP: 000000000<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |     8325000 | PA      | $8820787.95   | 0.30%             | 2029-07-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                        | CSC Holdings LLC                                                                 | CUSIP: 126307BD8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    11460000 | PA      | $5987308.06   | 0.20%             | 2030-12-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER/MEDL CO                                | Medline Borrower LP/Medline Co-Issuer Inc                                        | CUSIP: 58506DAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      580000 | PA      | $586115.55    | 0.02%             | 2029-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| KOREA TREASURY BOND                                     | Korea Treasury Bond                                                              | CUSIP: 000000000<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        | 13130550000 | PA      | $8229572.10   | 0.28%             | 2030-12-10      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                           | Carnival Corp                                                                    | CUSIP: 143658BV3<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     1086000 | PA      | $2185032.00   | 0.07%             | 2027-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| IQVIA Holdings Inc                                      | IQVIA Holdings Inc                                                               | CUSIP: 46266C105<br>LEI: 549300W3R20NM4KQPH86 | Long             | EC               | CORP              | US        |       89207 | NS      | $17530067.57  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| SM ENERGY CO                                            | SM Energy Co                                                                     | CUSIP: 78454LAX8<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |      555000 | PA      | $549376.39    | 0.02%             | 2029-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                                     | Intesa Sanpaolo SpA                                                              | CUSIP: 46115HAW7<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |      200000 | PA      | $200028.20    | 0.01%             | 2026-01-15      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| LOGICOR FINANCING SARL                                  | Logicor Financing Sarl                                                           | CUSIP: 000000000<br>LEI: 254900IS16Q1A2TQFN22 | Long             | DBT              | CORP              | LU        |      955000 | PA      | $840178.33    | 0.03%             | 2034-01-17      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS                                | Targa Resources Partners LP / Targa Resources Partners Finance Corp              | CUSIP: 87612BBS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      165000 | PA      | $159314.30    | 0.01%             | 2031-02-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| LIGHT & WONDER INTL INC                                 | Light & Wonder International Inc                                                 | CUSIP: 80874YBE9<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |      525000 | PA      | $535571.93    | 0.02%             | 2029-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| TRUIST INSURANCE HOLDINGS LLC                           | Truist Insurance Holdings LLC 2024 Term Loan B                                   | CUSIP: 89788VAG7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      270504 | PA      | $270926.09    | 0.01%             | 2031-05-06      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| UNICREDIT SPA                                           | UniCredit SpA                                                                    | CUSIP: 904678AS8<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |      410000 | PA      | $395895.80    | 0.01%             | 2035-06-30      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| Trane Technologies PLC                                  | Trane Technologies PLC                                                           | CUSIP: 000000000<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |       73101 | NS      | $26999854.35  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| EMPRESA NACIONAL DEL PET                                | Empresa Nacional del Petroleo                                                    | CUSIP: 29245JAM4<br>LEI: 549300YP3P0JZBLIV197 | Long             | DBT              | CORP              | CL        |      647000 | PA      | $553612.02    | 0.02%             | 2031-09-16      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Canada Government Bonds                                 | Canada Government Bonds                                                          | CUSIP: 135087R97<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |    32260000 | PA      | $22804293.16  | 0.78%             | 2026-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                               | Boeing Co/The                                                                    | CUSIP: 097023CV5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |      899000 | PA      | $855290.26    | 0.03%             | 2040-05-01      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| NVIDIA Corp                                             | NVIDIA Corp                                                                      | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |      803282 | NS      | $107872739.78 | 3.69%             |  |  |  | No            |                  1 | On Loan: No      |
| NGPL PipeCo LLC                                         | NGPL PipeCo LLC                                                                  | CUSIP: 62912XAC8<br>LEI: 549300K3NT1HSQFEM073 | Long             | DBT              | CORP              | US        |       20000 | PA      | $22396.20     | 0.00%             | 2037-12-15      | Fixed         | 7.77%                 | No            |                  2 | On Loan: No      |
| Adobe Inc                                               | Adobe Inc                                                                        | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |       64316 | NS      | $28600038.88  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Time Warner Cable LLC                                   | Time Warner Cable LLC                                                            | CUSIP: 88732JBB3<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |       85000 | PA      | $72130.73     | 0.00%             | 2041-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BLUE OWL FINANCE LLC                                    | Blue Owl Finance LLC                                                             | CUSIP: 09581JAT3<br>LEI: 254900OF2NO2GYFV5T41 | Long             | DBT              | CORP              | US        |     1220000 | PA      | $1253356.24   | 0.04%             | 2034-04-18      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Norway Government Bonds                                 | Norway Government Bonds                                                          | CUSIP: 000000000<br>LEI: 549300L0BT3FJTN9MX24 | Long             | DBT              | NUSS              | NO        |    33750000 | PA      | $2838481.91   | 0.10%             | 2027-02-17      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                           | Carnival Corp                                                                    | CUSIP: 143658BN1<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |      695000 | PA      | $693466.99    | 0.02%             | 2027-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DISH DBS Corp                                           | DISH DBS Corp                                                                    | CUSIP: 25470XAY1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1960000 | PA      | $1648660.62   | 0.06%             | 2026-07-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CODELCO INC                                             | Corp Nacional del Cobre de Chile                                                 | CUSIP: 21987BAZ1<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |     1960000 | PA      | $1738737.66   | 0.06%             | 2029-09-30      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                                   | Uber Technologies Inc                                                            | CUSIP: 90353TAG5<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |     6950000 | PA      | $7009779.31   | 0.24%             | 2028-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                                | Republic of South Africa Government Bond                                         | CUSIP: 000000000<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |   116835000 | PA      | $5635036.76   | 0.19%             | 2035-02-28      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Danske Bank AS                                          | Danske Bank AS                                                                   | CUSIP: 000000000<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |     2135000 | PA      | $2360052.86   | 0.08%             | 2030-06-21      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SM ENERGY CO                                            | SM Energy Co                                                                     | CUSIP: 78454LAW0<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |      260000 | PA      | $258370.22    | 0.01%             | 2028-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD FIN I UK PLC                                 | Brookfield Finance I UK Plc / Brookfield Finance Inc                             | CUSIP: 11272BAA1<br>LEI: 213800JCKNPJE9FDCJ76 | Long             | DBT              | CORP              | GB        |     1735000 | PA      | $1433485.07   | 0.05%             | 2032-01-30      | Fixed         | 2.34%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                           | Boeing Co/The                                                                    | CUSIP: 097023DS1<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     3590000 | PA      | $3760914.52   | 0.13%             | 2034-05-01      | Fixed         | 6.53%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICAL INDU                                | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAP6<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |     2700000 | PA      | $2634717.67   | 0.09%             | 2027-05-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                  | U.S. Treasury Notes                                                              | CUSIP: 91282CLP4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    23335000 | PA      | $23041071.87  | 0.79%             | 2026-09-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ANTARES HOLDINGS                                        | Antares Holdings LP                                                              | CUSIP: 03666HAC5<br>LEI: 5493008EAIGV4283RM42 | Long             | DBT              | CORP              | US        |     1210000 | PA      | $1174401.80   | 0.04%             | 2026-07-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| MEX BONOS DESARR FIX RT                                 | Mexican Bonos                                                                    | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    72455800 | PA      | $3298057.64   | 0.11%             | 2027-06-03      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CT TRUST                                                | CT Trust                                                                         | CUSIP: 12659BAA2<br>LEI: 213800MJB7WO427HQD34 | Long             | DBT              | CORP              | GT        |     1050000 | PA      | $937576.50    | 0.03%             | 2032-02-03      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| O'Reilly Automotive Inc                                 | O'Reilly Automotive Inc                                                          | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |       57511 | NS      | $68196543.80  | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| CSC HOLDINGS LLC                                        | CSC Holdings LLC                                                                 | CUSIP: 126307BH9<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |     2395000 | PA      | $1724474.51   | 0.06%             | 2031-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| New Zealand Government Bonds                            | New Zealand Government Bonds                                                     | CUSIP: 000000000<br>LEI: 549300237GPHG2AI7C34 | Long             | DBT              | NUSS              | NZ        |    15075000 | PA      | $8182609.90   | 0.28%             | 2029-04-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Bank of America NA                                      | PURCHASED USD / SOLD JPY                                                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |           1 | NC      | $16886.92     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                                    | Glencore Funding LLC                                                             | CUSIP: 378272BQ0<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    17585000 | PA      | $18655129.55  | 0.64%             | 2033-10-06      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                                | Western Midstream Operating LP                                                   | CUSIP: 958667AE7<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |      640000 | PA      | $652329.40    | 0.02%             | 2033-04-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Linde PLC                                               | Linde PLC                                                                        | CUSIP: 000000000<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | IE        |      149053 | NS      | $62404019.51  | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic of South Africa Government International Bonds | Republic of South Africa Government International Bonds                          | CUSIP: 836205BB9<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |     7585000 | PA      | $5684957.50   | 0.19%             | 2049-09-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| UNICREDIT SPA                                           | UniCredit SpA                                                                    | CUSIP: 904678AY5<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |      705000 | PA      | $611670.99    | 0.02%             | 2032-06-03      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| CIVITAS RESOURCES INC                                   | Civitas Resources Inc                                                            | CUSIP: 17888HAC7<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |      265000 | PA      | $277520.08    | 0.01%             | 2030-11-01      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| AKER BP ASA                                             | Aker BP ASA                                                                      | CUSIP: 00973RAM5<br>LEI: 549300NFTY73920OYK69 | Long             | DBT              | CORP              | NO        |     1215000 | PA      | $1220275.75   | 0.04%             | 2033-06-13      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TEVA PHARM FIN CO LLC                                   | Teva Pharmaceutical Finance Co LLC                                               | CUSIP: 88163VAD1<br>LEI: 5493006PITD7MU7WW480 | Long             | DBT              | CORP              | US        |     2750000 | PA      | $2755423.19   | 0.09%             | 2036-02-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SC FNCE I                                 | Thermo Fisher Scientific Finance I BV                                            | CUSIP: 000000000<br>LEI: 549300SM0PJC1F3RPL91 | Long             | DBT              | CORP              | NL        |      245000 | PA      | $176533.87    | 0.01%             | 2051-10-18      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| TOPBUILD CORP                                           | TopBuild Corp                                                                    | CUSIP: 89055FAC7<br>LEI: 5493007YSKHOL4RWII46 | Long             | DBT              | CORP              | US        |      400000 | PA      | $354317.48    | 0.01%             | 2032-02-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                                         | Yum! Brands Inc                                                                  | CUSIP: 988498AP6<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |     1695000 | PA      | $1566233.75   | 0.05%             | 2032-01-31      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                 | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153BH4<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     1370000 | PA      | $1344145.50   | 0.05%             | 2026-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Colombia Government International Bonds                 | Colombia Government International Bonds                                          | CUSIP: 195325EP6<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |      555000 | PA      | $542734.50    | 0.02%             | 2036-11-07      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Carnival Corporation                                    | Carnival Corporation 2024 Term Loan B1                                           | CUSIP: 000000000<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | LON              | CORP              | PA        |     1871087 | PA      | $1880835.45   | 0.06%             | 2028-10-18      | Floating      | 7.11%                 | No            |                  2 | On Loan: No      |
| Airbnb Inc                                              | Airbnb Inc                                                                       | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |      458621 | NS      | $60267385.61  | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| UNICREDIT SPA                                           | UniCredit SpA                                                                    | CUSIP: 000000000<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |      545000 | PA      | $558339.47    | 0.02%             | 2027-07-22      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                  | US 10YR ULTRA FUT MAR25                                                          | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |         -86 | NC      | $131146.82    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SOCIEDAD QUIMICA Y MINER                                | Sociedad Quimica y Minera de Chile SA                                            | CUSIP: 833636AP8<br>LEI: TJ88LXZZW5PWIN93ZC81 | Long             | DBT              | CORP              | CL        |      990000 | PA      | $937906.20    | 0.03%             | 2034-09-10      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc                                           | TransDigm Inc 2023 Term Loan J                                                   | CUSIP: 89364MCA0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |       94289 | PA      | $94415.97     | 0.00%             | 2031-02-28      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| SK Telecom Co Ltd                                       | SK Telecom Co Ltd                                                                | CUSIP: 78440PAC2<br>LEI: 9884003WEA1PHW006037 | Long             | DBT              | CORP              | KR        |      140000 | PA      | $145515.33    | 0.00%             | 2027-07-20      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                        | CSC Holdings LLC                                                                 | CUSIP: 126307BB2<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |     1995000 | PA      | $1433135.38   | 0.05%             | 2030-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                        | Societe Generale SA                                                              | CUSIP: 83368RBX9<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |     1485000 | PA      | $1465873.07   | 0.05%             | 2035-01-19      | Fixed         | 6.07%                 | No            |                  2 | On Loan: No      |
| Canada Government Bonds                                 | Canada Government Bonds                                                          | CUSIP: 135087Q98<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |    23175000 | PA      | $16792665.14  | 0.57%             | 2029-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LOGICOR FINANCING SARL                                  | Logicor Financing Sarl                                                           | CUSIP: 000000000<br>LEI: 254900IS16Q1A2TQFN22 | Long             | DBT              | CORP              | LU        |      280000 | PA      | $247179.02    | 0.01%             | 2031-01-14      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| Transelec SA                                            | Transelec SA                                                                     | CUSIP: 89366LAD6<br>LEI: 549300DPF7MAL5F6CR86 | Long             | DBT              | CORP              | CL        |     1120000 | PA      | $1116931.24   | 0.04%             | 2025-01-14      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                           | DISH DBS Corp                                                                    | CUSIP: 25470XBE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2340000 | PA      | $2126945.34   | 0.07%             | 2026-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES                                   | Continental Resources Inc/OK                                                     | CUSIP: 212015AV3<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |     2663000 | PA      | $2185929.22   | 0.07%             | 2032-04-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| HILTON GRAND VAC LLC/INC                                | Hilton Grand Vacations Borrower LLC / Hilton Grand Vacations Borrower Inc        | CUSIP: 43284MAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      475000 | PA      | $425194.81    | 0.01%             | 2031-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| POLAND GOVERNMENT BOND                                  | Republic of Poland Government Bond                                               | CUSIP: 000000000<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |    26400000 | PA      | $5051312.60   | 0.17%             | 2030-10-25      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES INC                                | Sensata Technologies Inc                                                         | CUSIP: 81728UAC8<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |      910000 | PA      | $909018.38    | 0.03%             | 2032-07-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Hilton Grand Vacations Borrower LLC                     | Hilton Grand Vacations Borrower LLC 2021 Term Loan B                             | CUSIP: 43283LAH4<br>LEI: 254900HF0EZ734FDVY79 | Long             | LON              | CORP              | US        |       20302 | PA      | $20355.17     | 0.00%             | 2028-08-02      | Floating      | 6.86%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                        | CSC Holdings LLC                                                                 | CUSIP: 126307BK2<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |     1850000 | PA      | $963131.79    | 0.03%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SM ENERGY CO                                            | SM Energy Co                                                                     | CUSIP: 78454LAY6<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |      280000 | PA      | $276066.75    | 0.01%             | 2032-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ALFA S.A.                                               | Alfa SAB de CV                                                                   | CUSIP: 000000000<br>LEI: 549300ZCGJ6T8YDJ4M34 | Long             | DBT              | CORP              | MX        |      620000 | PA      | $645891.20    | 0.02%             | 2044-03-25      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Sweden Government Bonds                                 | Sweden Government Bonds                                                          | CUSIP: 000000000<br>LEI: ERE94C0BSULG2RM19605 | Long             | DBT              | NUSS              | SE        |     2560000 | PA      | $231444.35    | 0.01%             | 2025-05-12      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| LAMB WESTON HLD                                         | Lamb Weston Holdings Inc                                                         | CUSIP: 513272AC8<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |      225000 | PA      | $219661.42    | 0.01%             | 2028-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ANGLOGOLD HOLDINGS PLC                                  | AngloGold Ashanti Holdings PLC                                                   | CUSIP: 03512TAF8<br>LEI: 213800745ZIXC4L6A131 | Long             | DBT              | CORP              | IM        |     2990000 | PA      | $2761870.86   | 0.09%             | 2028-11-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| COLBUN SA                                               | Colbun SA                                                                        | CUSIP: 000000000<br>LEI: 5493003VQJLE2QB8IF36 | Long             | DBT              | CORP              | CL        |     2580000 | PA      | $2298730.21   | 0.08%             | 2030-03-06      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| London Stock Exchange Group PLC                         | London Stock Exchange Group PLC                                                  | CUSIP: 000000000<br>LEI: 213800QAUUUP6I445N30 | Long             | EC               | CORP              | GB        |      254920 | NS      | $35983187.66  | 1.23%             |  |  |  | No            |                  2 | On Loan: No      |
| ENGIE SA                                                | Engie SA                                                                         | CUSIP: 000000000<br>LEI: LAXUQCHT4FH58LRZDY46 | Long             | DBT              | CORP              | FR        |     1400000 | PA      | $962754.78    | 0.03%             | 2041-10-24      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| HOLOGIC INC                                             | Hologic Inc                                                                      | CUSIP: 436440AP6<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | DBT              | CORP              | US        |     1235000 | PA      | $1116860.55   | 0.04%             | 2029-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| MEDTRONIC GLOBAL HLDINGS                                | Medtronic Global Holdings SCA                                                    | CUSIP: 58507LAH2<br>LEI: 549300JXMTTP8GKYIX14 | Long             | DBT              | CORP              | LU        |      615000 | PA      | $616069.60    | 0.02%             | 2027-03-07      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| Nomura Research Institute Ltd                           | Nomura Research Institute Ltd                                                    | CUSIP: 000000000<br>LEI: 5299005F1HCVF4M4QN79 | Long             | EC               | CORP              | JP        |     1590861 | NS      | $46710137.41  | 1.60%             |  |  |  | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                  | Verizon Communications Inc                                                       | CUSIP: 92343VFG4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     3095000 | PA      | $2009139.34   | 0.07%             | 2030-05-16      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Argentina Government International Bonds                | Argentina Government International Bonds                                         | CUSIP: 040114HT0<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |     9030000 | PA      | $5988295.61   | 0.21%             | 2035-07-09      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| Atlas Copco AB                                          | Atlas Copco AB                                                                   | CUSIP: 000000000<br>LEI: 213800T8PC8Q4FYJZR07 | Long             | EC               | CORP              | SE        |     3802602 | NS      | $58033955.26  | 1.99%             |  |  |  | No            |                  2 | On Loan: No      |
| BOEING CO                                               | Boeing Co/The                                                                    | CUSIP: 097023DC6<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     1261000 | PA      | $1144754.75   | 0.04%             | 2031-02-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                            | Broadcom Inc                                                                     | CUSIP: 11135FBT7<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     2485000 | PA      | $2330257.34   | 0.08%             | 2032-04-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                                 | United Rentals North America Inc                                                 | CUSIP: 911365BR4<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |     1090000 | PA      | $1081474.84   | 0.04%             | 2034-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| NEW S WALES TREASURY CRP                                | New South Wales Treasury Corp                                                    | CUSIP: 000000000<br>LEI: TC7LRO17HPNPLTAV0H77 | Long             | DBT              | NUSS              | AU        |    11610000 | PA      | $5810033.80   | 0.20%             | 2033-03-08      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 17-1B PTT                                  | American Airlines 2017-1 Class B Pass Through Trust                              | CUSIP: 02378WAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      185648 | PA      | $185442.21    | 0.01%             | 2025-02-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                    | PURCHASED USD / SOLD GBP                                                         | CUSIP: 000000000<br>LEI: ES7IP3U3RHIGC71XBU11 | N/A              | DFE              |  | US        |           1 | NC      | $50271.56     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| INDONESIA GOVERNMENT                                    | Indonesia Treasury Bond                                                          | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        | 50092000000 | PA      | $3203616.04   | 0.11%             | 2038-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ANTOFAGASTA PLC                                         | Antofagasta PLC                                                                  | CUSIP: 000000000<br>LEI: 213800MY6QVH4FVLD628 | Long             | DBT              | CORP              | GB        |      575000 | PA      | $482442.79    | 0.02%             | 2030-10-14      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                                 | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAF8<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    13681000 | PA      | $9835265.15   | 0.34%             | 2046-10-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Dominican Republic                                      | Dominican Republic International Bond                                            | CUSIP: 25714PDT2<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |      590000 | PA      | $586731.40    | 0.02%             | 2027-01-25      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Enel Chile SA                                           | Enel Chile SA                                                                    | CUSIP: 29278DAA3<br>LEI: 549300YM5CWCAUVOPB53 | Long             | DBT              | CORP              | CL        |      525000 | PA      | $518074.52    | 0.02%             | 2028-06-12      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Mastercard Inc                                          | Mastercard Inc                                                                   | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      164667 | NS      | $86708702.19  | 2.97%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORP                                    | Bank of America Corp                                                             | CUSIP: 06051GKL2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |      800000 | PA      | $708637.13    | 0.02%             | 2037-03-08      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                                 | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAE1<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |     4570000 | PA      | $4391298.79   | 0.15%             | 2026-10-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                                | Venture Global Calcasieu Pass LLC                                                | CUSIP: 92328MAB9<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |     1130000 | PA      | $1011947.92   | 0.03%             | 2031-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                                           | EchoStar Corp                                                                    | CUSIP: 278768AB2<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |     9756905 | PA      | $10237766.65  | 0.35%             | 2030-11-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| TRINIDAD GEN UNLTD                                      | Trinidad Generation UnLtd                                                        | CUSIP: 89636DAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | TT        |      415000 | PA      | $405247.50    | 0.01%             | 2027-11-04      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SUZANO AUSTRIA GMBH                                     | Suzano Austria GmbH                                                              | CUSIP: 86964WAJ1<br>LEI: 254900287ZNSGVP1R341 | Long             | DBT              | CORP              | AT        |      550000 | PA      | $485399.04    | 0.02%             | 2031-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Home Depot Inc/The                                      | Home Depot Inc/The                                                               | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      158866 | NS      | $61797285.34  | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS GROUP AG                                            | UBS Group AG                                                                     | CUSIP: 225401BB3<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |      325000 | PA      | $392514.46    | 0.01%             | 2033-11-15      | Fixed         | 9.02%                 | No            |                  2 | On Loan: No      |
| U.K. Gilts                                              | U.K. Gilts                                                                       | CUSIP: 000000000<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |     9590000 | PA      | $11890595.84  | 0.41%             | 2029-07-22      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                            | Centene Corp                                                                     | CUSIP: 15135BAX9<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |     2385000 | PA      | $1972648.91   | 0.07%             | 2031-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                       | Iron Mountain Inc                                                                | CUSIP: 46284VAF8<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |     1310000 | PA      | $1244999.50   | 0.04%             | 2029-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Wyndham Hotels & Resorts Inc                            | Wyndham Hotels & Resorts Inc 2024 Term Loan                                      | CUSIP: 98310CAF9<br>LEI: 549300FE3MQ4RVXXC673 | Long             | LON              | CORP              | US        |     2069600 | PA      | $2070345.06   | 0.07%             | 2030-05-24      | Floating      | 6.11%                 | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                                        | PURCHASED USD / SOLD CAD                                                         | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |           1 | NC      | $10177.01     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SYDNEY AIRPORT FINANCE                                  | Sydney Airport Finance Co Pty Ltd                                                | CUSIP: 87124VAE9<br>LEI: 549300MJAANHLHOVTO40 | Long             | DBT              | CORP              | AU        |       95000 | PA      | $94465.82     | 0.00%             | 2025-04-30      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                  | Standard Chartered PLC                                                           | CUSIP: 853254CJ7<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |     2200000 | PA      | $2192276.99   | 0.08%             | 2026-03-30      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| HANGER INC                                              | Hanger Inc 2024 Term Loan B                                                      | CUSIP: 41043BAH1<br>LEI: 254900ZJJJYVLHJXSZ60 | Long             | LON              | CORP              | US        |      500893 | PA      | $505276.00    | 0.02%             | 2031-10-23      | Floating      | 7.86%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY                                 | Nationwide Building Society                                                      | CUSIP: 63861VAE7<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |     1395000 | PA      | $1320340.38   | 0.05%             | 2030-07-18      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| Grupo Televisa SAB                                      | Grupo Televisa SAB                                                               | CUSIP: 000000000<br>LEI: 549300O4AF0C816ILN62 | Long             | DBT              | CORP              | MX        |    10000000 | PA      | $276816.46    | 0.01%             | 2043-05-14      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                                | Western Midstream Operating LP                                                   | CUSIP: 958254AJ3<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |      470000 | PA      | $399162.25    | 0.01%             | 2048-03-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| RESIDEO FUNDING INC                                     | Resideo Funding Inc 2024 M&A 1st lien Term Loan B                                | CUSIP: 76090LAK0<br>LEI: 5493000IFJ6XJKH66598 | Long             | LON              | CORP              | US        |     1041639 | PA      | $1043597.33   | 0.04%             | 2031-06-13      | Floating      | 6.10%                 | No            |                  2 | On Loan: No      |
| KOREA TREASURY BOND                                     | Korea Treasury Bond                                                              | CUSIP: 000000000<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |  4450000000 | PA      | $3127650.38   | 0.11%             | 2028-09-10      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                               | Block Inc                                                                        | CUSIP: 852234AP8<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |     1745000 | PA      | $1536438.05   | 0.05%             | 2031-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BPR Trust                                               | BPR Trust 2021-NRD                                                               | CUSIP: 05592CAQ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      875000 | PA      | $853486.38    | 0.03%             | 2038-12-15      | Floating      | 11.27%                | No            |                  2 | On Loan: No      |
| COMMSCOPE TECH LLC                                      | CommScope Technologies LLC                                                       | CUSIP: 20338HAB9<br>LEI: M4TWC4QDOKW45N7T6Y12 | Long             | DBT              | CORP              | US        |     2570000 | PA      | $2292851.20   | 0.08%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUZANO AUSTRIA GMBH                                     | Suzano Austria GmbH                                                              | CUSIP: 86964WAL6<br>LEI: 254900287ZNSGVP1R341 | Long             | DBT              | CORP              | AT        |     2515000 | PA      | $2235600.60   | 0.08%             | 2028-09-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Veralto Corp                                            | Veralto Corp                                                                     | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |       64270 | NS      | $6545899.50   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| REPUBLICA ORIENT URUGUAY                                | Uruguay Government International Bond                                            | CUSIP: 917288BM3<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |    86955000 | PA      | $1854064.21   | 0.06%             | 2031-05-21      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| POWER FINANCE CORP LTD                                  | Power Finance Corp Ltd                                                           | CUSIP: 73928QAB4<br>LEI: 3358003Q6D9LIJJZ1614 | Long             | DBT              | CORP              | IN        |     1250000 | PA      | $1162225.00   | 0.04%             | 2030-04-23      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| MOLINA HEALTHCARE INC                                   | Molina Healthcare Inc                                                            | CUSIP: 60855RAJ9<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |      435000 | PA      | $412251.11    | 0.01%             | 2028-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NRG Energy Inc                                          | NRG Energy Inc 2024 Term Loan                                                    | CUSIP: 62937NBC0<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | LON              | CORP              | US        |      250000 | PA      | $249980.00    | 0.01%             | 2031-04-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                   | Mexico Government International Bonds                                            | CUSIP: 91087BAH3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     2665000 | PA      | $2318062.70   | 0.08%             | 2030-04-16      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                            | Broadcom Inc                                                                     | CUSIP: 11135FBK6<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     5095000 | PA      | $4459814.15   | 0.15%             | 2033-04-15      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| GLOBAL AUTO HO/AAG FH UK                                | Global Auto Holdings Ltd/AAG FH UK Ltd                                           | CUSIP: 00033YAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |      440000 | PA      | $447769.63    | 0.02%             | 2029-08-15      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                        | Deutsche Bank AG/New York NY                                                     | CUSIP: 25160PAH0<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |     1635000 | PA      | $1555202.60   | 0.05%             | 2028-01-07      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Parker-Hannifin Corp                                    | Parker-Hannifin Corp                                                             | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |      105972 | NS      | $67401371.16  | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| SOCIEDAD QUIMICA Y MINER                                | Sociedad Quimica y Minera de Chile SA                                            | CUSIP: 833636AN3<br>LEI: TJ88LXZZW5PWIN93ZC81 | Long             | DBT              | CORP              | CL        |      870000 | PA      | $900728.40    | 0.03%             | 2033-11-07      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                                        | PURCHASED CAD / SOLD USD                                                         | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | CA        |           1 | NC      | $-29350.94    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                                | Western Midstream Operating LP                                                   | CUSIP: 958254AD6<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |      150000 | PA      | $133526.03    | 0.00%             | 2044-04-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| FREEPORT-MCMORAN INC                                    | Freeport-McMoRan Inc                                                             | CUSIP: 35671DCG8<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |     2710000 | PA      | $2635915.10   | 0.09%             | 2028-08-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                 | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153BW1<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     2930000 | PA      | $2882121.28   | 0.10%             | 2031-09-30      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group Inc/The                             | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |       75709 | NS      | $43352487.58  | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| EMPRESAS PUBLIC MEDELLIN                                | Empresas Publicas de Medellin ESP                                                | CUSIP: 29246BAE8<br>LEI: 549300SU25TO8EMXB434 | Long             | DBT              | CORP              | CO        |     1300000 | PA      | $1158637.48   | 0.04%             | 2029-07-18      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                                   | Uber Technologies Inc                                                            | CUSIP: 90353TAE0<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |      847000 | PA      | $862084.27    | 0.03%             | 2027-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Bank of America NA                                      | PURCHASED JPY / SOLD USD                                                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | JP        |           1 | NC      | $-1051590.48  | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                                  | PURCHASED USD / SOLD COP                                                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |           1 | NC      | $-20528.46    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                                 | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAS0<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |     4415000 | PA      | $4758239.72   | 0.16%             | 2029-09-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                 | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153BU5<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |      400000 | PA      | $404792.32    | 0.01%             | 2032-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                                   | Uber Technologies Inc                                                            | CUSIP: 90353TAP5<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |     1610000 | PA      | $1540880.96   | 0.05%             | 2034-09-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                                | Thermo Fisher Scientific Inc                                                     | CUSIP: 000000000<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |      100000 | PA      | $78278.13     | 0.00%             | 2039-10-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                                  | VICI Properties LP / VICI Note Co Inc                                            | CUSIP: 92564RAA3<br>LEI: N/A                  | Long             | DBT              |  | US        |      895000 | PA      | $880149.01    | 0.03%             | 2026-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                                | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                              | CUSIP: 74841CAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     7011000 | PA      | $6108662.57   | 0.21%             | 2031-03-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CEMEX SAB DE CV                                         | Cemex SAB de CV                                                                  | CUSIP: 151290CA9<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |      810000 | PA      | $793487.11    | 0.03%             | 2026-06-08      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                   | Bausch Health Cos Inc                                                            | CUSIP: 071734AN7<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |     7430000 | PA      | $5944000.00   | 0.20%             | 2028-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                            | ING Groep NV                                                                     | CUSIP: 456837AU7<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |     1725000 | PA      | $1694541.64   | 0.06%             | 2026-07-01      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| Hilton Grand Vacations Borrower LLC                     | Hilton Grand Vacations Borrower LLC 2024 Incremental Term Loan B                 | CUSIP: 43283LAK7<br>LEI: 254900HF0EZ734FDVY79 | Long             | LON              | CORP              | US        |     1916813 | PA      | $1921010.90   | 0.07%             | 2031-01-17      | Floating      | 6.61%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                  | US 2YR NOTE (CBT) MAR25                                                          | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |         162 | NC      | $-16863.55    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| NOTA DO TESOURO NACIONAL                                | Brazil Notas do Tesouro Nacional Serie F                                         | CUSIP: 000000000<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    53329000 | PA      | $6886095.12   | 0.24%             | 2031-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                                        | CSC Holdings LLC                                                                 | CUSIP: 126307AS6<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |      595000 | PA      | $513310.84    | 0.02%             | 2028-02-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                      | Realty Income Corp                                                               | CUSIP: 000000000<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |      430000 | PA      | $490785.39    | 0.02%             | 2034-07-06      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                    | PURCHASED GBP / SOLD USD                                                         | CUSIP: 000000000<br>LEI: ES7IP3U3RHIGC71XBU11 | N/A              | DFE              |  | GB        |           1 | NC      | $-73888.41    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SK HYNIX INC                                            | SK Hynix Inc                                                                     | CUSIP: 78392BAE7<br>LEI: 988400XAIK6XISWQV045 | Long             | DBT              | CORP              | KR        |      200000 | PA      | $206206.69    | 0.01%             | 2028-01-17      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER MEXICO                                  | Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand | CUSIP: 05969BAD5<br>LEI: SCRYQ25DTVRHYYMM6P89 | Long             | DBT              | CORP              | MX        |      730000 | PA      | $729409.38    | 0.02%             | 2025-04-17      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                                | Republic of South Africa Government Bond                                         | CUSIP: 000000000<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    39185000 | PA      | $1844523.48   | 0.06%             | 2031-02-28      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| MARRIOTT OWNERSHIP RESOR                                | Marriott Ownership Resorts Inc                                                   | CUSIP: 57164PAH9<br>LEI: BW4532OH033VURR0IT68 | Long             | DBT              | CORP              | US        |      995000 | PA      | $928787.43    | 0.03%             | 2029-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Republic of Paraguay                                    | Paraguay Government International Bond                                           | CUSIP: 699149AC4<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |      615000 | PA      | $610080.00    | 0.02%             | 2026-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175CC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     4945000 | PA      | $3291557.31   | 0.11%             | 2061-12-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                            | Centene Corp                                                                     | CUSIP: 15135BAW1<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |     1480000 | PA      | $1277087.34   | 0.04%             | 2030-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| JAPAN GOVT CPI LINKED                                   | Japanese Government CPI Linked Bond                                              | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |  1080312800 | PA      | $7130222.40   | 0.24%             | 2028-03-10      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| TITULOS DE TESORERIA                                    | Colombian TES                                                                    | CUSIP: 000000000<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |  7073300000 | PA      | $1571011.34   | 0.05%             | 2025-11-26      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD RENEWABLE PAR                                | Brookfield Renewable Partners ULC                                                | CUSIP: 11282ZAM0<br>LEI: 549300459XW8D7IBW569 | Long             | DBT              | CORP              | CA        |     2715000 | PA      | $1926385.47   | 0.07%             | 2029-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ZF NA CAPITAL                                           | ZF North America Capital Inc                                                     | CUSIP: 98877DAE5<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |      265000 | PA      | $260110.75    | 0.01%             | 2030-04-14      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| CELLNEX TELECOM SA                                      | Cellnex Telecom SA                                                               | CUSIP: 000000000<br>LEI: 5493008T4YG3AQUI7P67 | Long             | DBT              | CORP              | ES        |     3700000 | PA      | $3523570.44   | 0.12%             | 2030-10-23      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC                     | PURCHASED USD / SOLD EUR                                                         | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | US        |           1 | NC      | $22450.55     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITED AIR 2016-2 B PTT                                 | United Airlines 2016-2 Class B Pass Through Trust                                | CUSIP: 90933JAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      204236 | PA      | $200145.26    | 0.01%             | 2025-10-07      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Trans Union LLC                                         | Trans Union LLC 2024 Term Loan B8                                                | CUSIP: 89334GBF0<br>LEI: X8NPN6PWJOM1QCTYFV34 | Long             | LON              | CORP              | US        |     2059275 | PA      | $2054765.58   | 0.07%             | 2031-06-24      | Floating      | 6.11%                 | No            |                  2 | On Loan: No      |
| BHARTI AIRTEL LTD                                       | Bharti Airtel Ltd                                                                | CUSIP: 000000000<br>LEI: 335800KQ1FPKOQ84OR26 | Long             | DBT              | CORP              | IN        |     2940000 | PA      | $2594086.27   | 0.09%             | 2031-06-03      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Dominican Republic                                      | Dominican Republic International Bond                                            | CUSIP: 25714PAJ7<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |      425000 | PA      | $435625.00    | 0.01%             | 2027-04-20      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| VIPER ENERGY INC                                        | Viper Energy Inc                                                                 | CUSIP: 92763MAB1<br>LEI: 5299009LINL232255G03 | Long             | DBT              | CORP              | US        |      285000 | PA      | $298377.99    | 0.01%             | 2031-11-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LIMITED                               | HUB International Limited 2024 1st Lien Term Loan B                              | CUSIP: 44332EAY2<br>LEI: 549300JQT6ATTUNS5E06 | Long             | LON              | CORP              | US        |      267980 | PA      | $269319.93    | 0.01%             | 2030-06-20      | Floating      | 7.37%                 | No            |                  2 | On Loan: No      |
| ORSTED A/S                                              | Orsted AS                                                                        | CUSIP: 000000000<br>LEI: W9NG6WMZIYEU8VEDOG48 | Long             | DBT              | CORP              | DK        |     2055000 | PA      | $2412614.34   | 0.08%             | 2027-05-17      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| HANGER INC                                              | HANGER INC 2024 DELAYED DRAW TERM LOAN                                           | CUSIP: 41043BAJ7<br>LEI: 254900ZJJJYVLHJXSZ60 | Long             | LON              | CORP              | US        |       64493 | PA      | $65056.99     | 0.00%             | 2031-10-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SHRIRAM FINANCE LTD                                     | Shriram Finance Ltd                                                              | CUSIP: 825547AE2<br>LEI: 335800TM2YO24B76XL26 | Long             | DBT              | CORP              | IN        |     2400000 | PA      | $2372856.00   | 0.08%             | 2025-07-18      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| TITULOS DE TESORERIA                                    | Colombian TES                                                                    | CUSIP: 000000000<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        | 29559900000 | PA      | $6530427.48   | 0.22%             | 2026-08-26      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ENGIE ENERGIA CHILE SA                                  | Engie Energia Chile SA                                                           | CUSIP: 000000000<br>LEI: 5493000FIKCC3ZDWTO77 | Long             | DBT              | CORP              | CL        |     2690000 | PA      | $2373237.71   | 0.08%             | 2030-01-28      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| BPR Trust                                               | BPR Trust 2021-NRD                                                               | CUSIP: 05592CAN6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      115000 | PA      | $113252.58    | 0.00%             | 2038-12-15      | Floating      | 10.02%                | No            |                  2 | On Loan: No      |
| Netherlands Government Bonds                            | Netherlands Government Bonds                                                     | CUSIP: 000000000<br>LEI: 254900G14ALGVKORFN62 | Long             | DBT              | NUSS              | NL        |     1800000 | PA      | $1704731.87   | 0.06%             | 2029-01-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                                     | Travel + Leisure Co                                                              | CUSIP: 98310WAQ1<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |      530000 | PA      | $491838.62    | 0.02%             | 2030-03-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| NCL FINANCE LTD                                         | NCL Finance Ltd                                                                  | CUSIP: 62888HAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     1960000 | PA      | $1966289.64   | 0.07%             | 2028-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES                                   | Continental Resources Inc/OK                                                     | CUSIP: 212015AT8<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |     4662000 | PA      | $4605591.76   | 0.16%             | 2031-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Roper Technologies Inc                                  | Roper Technologies Inc                                                           | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |      130045 | NS      | $67603893.25  | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| JEFFERIES FIN GROUP INC                                 | Jefferies Financial Group Inc                                                    | CUSIP: 47233WEJ4<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |     1620000 | PA      | $1669517.81   | 0.06%             | 2034-04-14      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                           | TransDigm Inc                                                                    | CUSIP: 893647BR7<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |      405000 | PA      | $408960.90    | 0.01%             | 2028-08-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                  | Standard Chartered PLC                                                           | CUSIP: 853254BU3<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |     1455000 | PA      | $1256590.09   | 0.04%             | 2036-02-18      | Fixed         | 3.27%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                        | CSC Holdings LLC                                                                 | CUSIP: 126307BF3<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    13550000 | PA      | $9504138.02   | 0.33%             | 2031-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD/LUX CO                                | JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl                       | CUSIP: 46590XAM8<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |      795000 | PA      | $705382.91    | 0.02%             | 2031-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION                                | Hess Midstream Operations LP                                                     | CUSIP: 428102AE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      960000 | PA      | $885044.45    | 0.03%             | 2030-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| KIMBERLY-CLARK DE MEXICO                                | Kimberly-Clark de Mexico SAB de CV                                               | CUSIP: 000000000<br>LEI: 549300JGHL56QT00KT54 | Long             | DBT              | CORP              | MX        |     1515000 | PA      | $1283908.87   | 0.04%             | 2031-07-01      | Fixed         | 2.43%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                    | PURCHASED USD / SOLD GBP                                                         | CUSIP: 000000000<br>LEI: ES7IP3U3RHIGC71XBU11 | N/A              | DFE              |  | US        |           1 | NC      | $23391.95     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ONTARIO POWER GENERATION                                | Ontario Power Generation Inc                                                     | CUSIP: 68321ZAD3<br>LEI: YDHER8SKF7V7YW8KZB55 | Long             | DBT              | CORP              | CA        |     4670000 | PA      | $3161545.65   | 0.11%             | 2029-09-13      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES INC                                | Sensata Technologies Inc                                                         | CUSIP: 81728UAB0<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |      270000 | PA      | $236044.13    | 0.01%             | 2031-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                  | U.S. Treasury Notes                                                              | CUSIP: 91282CKH3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    20450000 | PA      | $20505680.44  | 0.70%             | 2026-03-31      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| KOREA EAST-WEST POWER CO                                | Korea East-West Power Co Ltd                                                     | CUSIP: 5006EPAK7<br>LEI: 988400N0YW2A27V3D553 | Long             | DBT              | CORP              | KR        |     1515000 | PA      | $1499139.33   | 0.05%             | 2025-05-06      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                                      | Dominican Republic International Bond                                            | CUSIP: 25714PED6<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     2160000 | PA      | $1975320.00   | 0.07%             | 2030-01-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Sweden Government Bonds                                 | Sweden Government Bonds                                                          | CUSIP: 000000000<br>LEI: ERE94C0BSULG2RM19605 | Long             | DBT              | NUSS              | SE        |    38000000 | PA      | $3005901.20   | 0.10%             | 2031-05-12      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                            | Enbridge Inc                                                                     | CUSIP: 29251ZBS5<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |     4770000 | PA      | $3212121.88   | 0.11%             | 2029-10-03      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| SK HYNIX INC                                            | SK Hynix Inc                                                                     | CUSIP: 78392BAC1<br>LEI: 988400XAIK6XISWQV045 | Long             | DBT              | CORP              | KR        |     2765000 | PA      | $2316735.32   | 0.08%             | 2031-01-19      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| United Mexican States                                   | Mexico Government International Bond                                             | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |      196000 | PA      | $146119.83    | 0.01%             | 2115-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                        | Societe Generale SA                                                              | CUSIP: 83367TBR9<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |     1015000 | PA      | $1009515.48   | 0.03%             | 2025-11-24      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GAIF BOND ISSUER P/L                                    | GAIF Bond Issuer Pty Ltd                                                         | CUSIP: 361435AA8<br>LEI: 2138007UNQRHCRSBNZ86 | Long             | DBT              | CORP              | AU        |      670000 | PA      | $652349.88    | 0.02%             | 2026-09-30      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| INGERSOLL RAND INC                                      | Ingersoll Rand Inc                                                               | CUSIP: 45687VAB2<br>LEI: 5299004C02FMZCUOIR50 | Long             | DBT              | CORP              | US        |     1055000 | PA      | $1079543.26   | 0.04%             | 2033-08-14      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| BIOMARIN PHARMACEUTICAL                                 | BioMarin Pharmaceutical Inc                                                      | CUSIP: 09061GAK7<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | DBT              | CORP              | US        |     9745000 | PA      | $9043360.00   | 0.31%             | 2027-05-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Brazil Government International Bonds                   | Brazil Government International Bonds                                            | CUSIP: 105756CA6<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    10000000 | PA      | $9302036.30   | 0.32%             | 2029-05-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| APTIV SWISS HOLDINGS LTD                                | Aptiv Swiss Holdings Ltd                                                         | CUSIP: 000000000<br>LEI: 254900HTTDFIJZ32GX53 | Long             | DBT              | CORP              | CH        |      260000 | PA      | $256366.59    | 0.01%             | 2028-09-15      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| TC ZIRAAT BANKASI AS                                    | TC Ziraat Bankasi AS                                                             | CUSIP: 90014TAG6<br>LEI: 213800K5KTZFSUS8MR51 | Long             | DBT              | CORP              | TR        |     1120000 | PA      | $1114914.08   | 0.04%             | 2026-03-02      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                                 | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAR2<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |     3170000 | PA      | $3542979.03   | 0.12%             | 2031-09-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| GLOBAL AUTO HO/AAG FH UK                                | Global Auto Holdings Ltd/AAG FH UK Ltd                                           | CUSIP: 00033GAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |     1180000 | PA      | $1091169.60   | 0.04%             | 2029-01-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| ASHLAND INC                                             | Ashland Inc                                                                      | CUSIP: 04433LAA0<br>LEI: 529900E4L9R04SB8HB11 | Long             | DBT              | CORP              | US        |      425000 | PA      | $362451.22    | 0.01%             | 2031-09-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                  | US ULTRA BOND CBT MAR25                                                          | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |        -128 | NC      | $484799.23    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley Capital Services LLC                     | PURCHASED USD / SOLD EUR                                                         | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | US        |           1 | NC      | $4971.62      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| AIB GROUP PLC                                           | AIB Group PLC                                                                    | CUSIP: 00135TAD6<br>LEI: 635400AKJBGNS5WNQL34 | Long             | DBT              | CORP              | IE        |     2325000 | PA      | $2430005.44   | 0.08%             | 2029-09-13      | Fixed         | 6.61%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                  | US LONG BOND(CBT) MAR25                                                          | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |        -251 | NC      | $656526.64    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| MEX BONOS DESARR FIX RT                                 | Mexican Bonos                                                                    | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   170718400 | PA      | $7810585.82   | 0.27%             | 2026-03-05      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TRINET GROUP INC                                        | TriNet Group Inc                                                                 | CUSIP: 896288AA5<br>LEI: 5299003FJVBETSFKE990 | Long             | DBT              | CORP              | US        |      240000 | PA      | $217198.68    | 0.01%             | 2029-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORPORATION                                    | Carnival Corporation 2024 Term Loan B2                                           | CUSIP: 000000000<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | LON              | CORP              | PA        |      886860 | PA      | $891569.23    | 0.03%             | 2027-08-08      | Floating      | 7.11%                 | No            |                  2 | On Loan: No      |
| CGI Inc                                                 | CGI Inc                                                                          | CUSIP: 12532H104<br>LEI: 549300WSRCZY73ZG3090 | Long             | EC               | CORP              | CA        |      412200 | NS      | $45101266.83  | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| BOEING CO                                               | Boeing Co/The                                                                    | CUSIP: 097023CY9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     1000000 | PA      | $985982.56    | 0.03%             | 2030-05-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES BV                                 | Sensata Technologies BV                                                          | CUSIP: 81725WAK9<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |      435000 | PA      | $399176.75    | 0.01%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMER PIPELINE                                | Plains All American Pipeline LP / PAA Finance Corp                               | CUSIP: 72650RBM3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      480000 | PA      | $446454.95    | 0.02%             | 2029-12-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| ABU DHABI GOVT INT'L                                    | Abu Dhabi Government International Bond                                          | CUSIP: 29135LAH3<br>LEI: 213800FER4348CINTA77 | Long             | DBT              | NUSS              | AE        |     1295000 | PA      | $1188513.45   | 0.04%             | 2030-04-16      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                               | Boeing Co/The                                                                    | CUSIP: 097023CX1<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |       60000 | PA      | $55518.51     | 0.00%             | 2060-05-01      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| ANGLO AMERICAN CAPITAL                                  | Anglo American Capital PLC                                                       | CUSIP: 034863AX8<br>LEI: TINT358G1SSHR3L3PW36 | Long             | DBT              | CORP              | GB        |     1400000 | PA      | $1214235.92   | 0.04%             | 2030-09-10      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| ISRAEL ELECTRIC CORP LTD                                | Israel Electric Corp Ltd                                                         | CUSIP: 000000000<br>LEI: 254900JW7GE35YNJGJ55 | Long             | DBT              | CORP              | IL        |     1405000 | PA      | $1221093.93   | 0.04%             | 2032-02-22      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                     | Nomura Holdings Inc                                                              | CUSIP: 65535HBB4<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |     2385000 | PA      | $2165813.83   | 0.07%             | 2029-01-22      | Fixed         | 2.71%                 | No            |                  2 | On Loan: No      |
| ASPLUNDH TREE EXPERT LLC                                | Asplundh Tree Expert LLC 2024 Incremental Term Loan B                            | CUSIP: 04538FAE9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     1103340 | PA      | $1103891.67   | 0.04%             | 2031-05-23      | Floating      | 6.11%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                           | Boeing Co/The                                                                    | CUSIP: 097023DU6<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     1105000 | PA      | $1172544.84   | 0.04%             | 2064-05-01      | Fixed         | 7.01%                 | No            |                  2 | On Loan: No      |
| Dominican Republic                                      | Dominican Republic International Bond                                            | CUSIP: 25714PDZ8<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |      995000 | PA      | $986273.85    | 0.03%             | 2028-07-19      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                                     | NCL Corp Ltd                                                                     | CUSIP: 62886HBN0<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |      715000 | PA      | $753419.81    | 0.03%             | 2029-01-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HLDGS                                | Santander UK Group Holdings PLC                                                  | CUSIP: 80281LAR6<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |      955000 | PA      | $904661.35    | 0.03%             | 2028-01-11      | Fixed         | 2.47%                 | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                                        | PURCHASED USD / SOLD AUD                                                         | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |           1 | NC      | $240647.71    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                                | Western Midstream Operating LP                                                   | CUSIP: 958254AL8<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |      115000 | PA      | $99979.05     | 0.00%             | 2048-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                                    | Targa Resources Corp                                                             | CUSIP: 87612GAC5<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |      875000 | PA      | $902124.71    | 0.03%             | 2033-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                                | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAM1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     1235000 | PA      | $1104507.23   | 0.04%             | 2030-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MEX BONOS DESARR FIX RT                                 | Mexican Bonos                                                                    | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    63783600 | PA      | $2605947.48   | 0.09%             | 2038-11-18      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Diamondback Energy Inc                                  | Diamondback Energy Inc                                                           | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |      105882 | NS      | $17346648.06  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| EDP FINANCE BV                                          | EDP Finance BV                                                                   | CUSIP: 26835PAH3<br>LEI: 5299007L43AQDFOW5739 | Long             | DBT              | CORP              | NL        |     3590000 | PA      | $3252934.90   | 0.11%             | 2028-01-24      | Fixed         | 1.71%                 | No            |                  2 | On Loan: No      |
| Fixed Income Clearing Corp.                             | FIXED INC CLEARING CORP.REPO                                                     | CUSIP: 000000000<br>LEI: 549300H47WTHXPU08X20 | Long             | RA               | CORP              | US        |    26129165 | PA      | $26129165.32  | 0.89%             |  |  |  | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                 | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153BV3<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     7055000 | PA      | $7038245.22   | 0.24%             | 2033-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PROVINCE OF QUEBEC                                      | Province of Quebec Canada                                                        | CUSIP: 748148SE4<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | NUSS              | CA        |     2350000 | PA      | $2282440.39   | 0.08%             | 2033-09-08      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Italy Buoni Poliennali Del Tesoro                       | Italy Buoni Poliennali Del Tesoro                                                | CUSIP: 000000000<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |     1145000 | PA      | $1224484.19   | 0.04%             | 2034-07-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MCS7<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     1200000 | PA      | $1234616.41   | 0.04%             | 2033-01-13      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| LIGHT & WONDER INTL INC                                 | Light & Wonder International Inc                                                 | CUSIP: 531968AA3<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |      210000 | PA      | $216220.62    | 0.01%             | 2031-09-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| LIGHT & WONDER INTL INC                                 | Light & Wonder International Inc                                                 | CUSIP: 80874YBC3<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |     1440000 | PA      | $1442842.85   | 0.05%             | 2028-05-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMER PIPELINE                                | Plains All American Pipeline LP / PAA Finance Corp                               | CUSIP: 72650RBN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      690000 | PA      | $640307.55    | 0.02%             | 2030-09-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| MACQUARIE AIRFINANCE HLD                                | Macquarie Airfinance Holdings Ltd                                                | CUSIP: 55609NAC2<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |       65000 | PA      | $66880.62     | 0.00%             | 2029-03-26      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Danaher Corp                                            | Danaher Corp                                                                     | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |      209738 | NS      | $48145357.90  | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| TARGA RESOURCES PARTNERS                                | Targa Resources Partners LP / Targa Resources Partners Finance Corp              | CUSIP: 87612BBU5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      265000 | PA      | $241057.25    | 0.01%             | 2032-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd               | Taiwan Semiconductor Manufacturing Co Ltd                                        | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     2123000 | NS      | $68997548.57  | 2.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Builders FirstSource Inc                                | Builders FirstSource Inc                                                         | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |      149153 | NS      | $21318438.29  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| KIA CORP                                                | Kia Corp                                                                         | CUSIP: 49374JAD5<br>LEI: 988400V8MJK9N7OI5X76 | Long             | DBT              | CORP              | KR        |     1060000 | PA      | $1013391.80   | 0.03%             | 2027-02-14      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                   | Mexico Government International Bonds                                            | CUSIP: 91087BAX8<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |      350000 | PA      | $311435.50    | 0.01%             | 2053-05-04      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| Alliant Holdings Intermediate, LLC                      | Alliant Holdings Intermediate LLC 2024 Term Loan B6                              | CUSIP: 01881UAM7<br>LEI: 5493006Q26653NF8SI73 | Long             | LON              | CORP              | US        |     1761174 | PA      | $1763921.32   | 0.06%             | 2031-09-19      | Floating      | 7.11%                 | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                                        | PURCHASED CAD / SOLD USD                                                         | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | CA        |           1 | NC      | $-6497.34     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                                | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                              | CUSIP: 74841CAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2540000 | PA      | $2300268.42   | 0.08%             | 2029-03-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                  | U.S. Treasury Notes                                                              | CUSIP: 91282CLS8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    17340000 | PA      | $17300529.65  | 0.59%             | 2026-10-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC                                | Permian Resources Operating LLC                                                  | CUSIP: 71424VAB6<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |     4175000 | PA      | $4120974.87   | 0.14%             | 2033-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Colombia Government International Bonds                 | Colombia Government International Bonds                                          | CUSIP: 195325EG6<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |     1280000 | PA      | $1258880.00   | 0.04%             | 2034-02-02      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Hilton Domestic Operating Company Inc                   | Hilton Domestic Operating Company Inc 2023 Term Loan B4                          | CUSIP: 43289DAK9<br>LEI: 5493003EG7H0N1E4XV50 | Long             | LON              | CORP              | US        |      746411 | PA      | $749680.72    | 0.03%             | 2030-11-08      | Floating      | 6.09%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                                | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     4749000 | PA      | $4300777.46   | 0.15%             | 2029-03-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                               | Boeing Co/The                                                                    | CUSIP: 097023CW3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     4965000 | PA      | $4618212.13   | 0.16%             | 2050-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| ANGLO AMERICAN CAPITAL                                  | Anglo American Capital PLC                                                       | CUSIP: 034863AW0<br>LEI: TINT358G1SSHR3L3PW36 | Long             | DBT              | CORP              | GB        |     1400000 | PA      | $1417148.15   | 0.05%             | 2030-04-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                                        | CSC Holdings LLC                                                                 | CUSIP: 126307AY3<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |     2090000 | PA      | $1432000.91   | 0.05%             | 2028-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| SHINHAN BANK                                            | Shinhan Bank Co Ltd                                                              | CUSIP: 82460CAJ3<br>LEI: 5493003P813VL21KG928 | Long             | DBT              | CORP              | KR        |      770000 | PA      | $757956.34    | 0.03%             | 2026-03-24      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BELL CANADA                                             | Bell Telephone Co of Canada or Bell Canada                                       | CUSIP: 07813ZBY9<br>LEI: 5493000G3EFX9S7TDE29 | Long             | DBT              | CORP              | CA        |     2835000 | PA      | $1971946.68   | 0.07%             | 2027-09-29      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Brazil Government International Bonds                   | Brazil Government International Bonds                                            | CUSIP: 105756CF5<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |     5110000 | PA      | $4769294.12   | 0.16%             | 2033-10-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ANTARES HOLDINGS                                        | Antares Holdings LP                                                              | CUSIP: 03666HAF8<br>LEI: 5493008EAIGV4283RM42 | Long             | DBT              | CORP              | US        |      305000 | PA      | $319516.89    | 0.01%             | 2028-08-11      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                                | Venture Global Calcasieu Pass LLC                                                | CUSIP: 92328MAE3<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |      175000 | PA      | $176633.10    | 0.01%             | 2030-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                             | BNP Paribas SA                                                                   | CUSIP: 05581KAH4<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |     1190000 | PA      | $1186060.96   | 0.04%             | 2030-01-09      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| ZF NA CAPITAL                                           | ZF North America Capital Inc                                                     | CUSIP: 98877DAD7<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |      250000 | PA      | $250540.00    | 0.01%             | 2028-04-14      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| OFFICE CHERIFIEN DES PHO                                | OCP SA                                                                           | CUSIP: 67091TAF2<br>LEI: 213800D26TAPVTCVWG40 | Long             | DBT              | CORP              | MA        |     3310000 | PA      | $3372890.00   | 0.12%             | 2034-05-02      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Star Parent Inc                                         | Star Parent Inc Term Loan B                                                      | CUSIP: 87169DAB1<br>LEI: 254900GRGCJYRMDRWT73 | Long             | LON              | CORP              | US        |       69689 | PA      | $67999.16     | 0.00%             | 2030-09-27      | Floating      | 8.33%                 | No            |                  2 | On Loan: No      |
| ORBIA ADVANCE CORP SAB                                  | Orbia Advance Corp SAB de CV                                                     | CUSIP: 000000000<br>LEI: 549300MVHZ20SBIOEQ79 | Long             | DBT              | CORP              | MX        |     1240000 | PA      | $1180317.85   | 0.04%             | 2027-10-04      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| U.K. Gilts                                              | U.K. Gilts                                                                       | CUSIP: 000000000<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |     9845000 | PA      | $12019269.63  | 0.41%             | 2034-07-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Mettler-Toledo International Inc                        | Mettler-Toledo International Inc                                                 | CUSIP: 592688105<br>LEI: 5493000BD5GJNUDIUG10 | Long             | EC               | CORP              | US        |       45665 | NS      | $55879347.20  | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Ireland Government Bonds                                | Ireland Government Bonds                                                         | CUSIP: 000000000<br>LEI: 549300KXBEJAOJ9OVF93 | Long             | DBT              | NUSS              | IE        |     3710000 | PA      | $3249692.47   | 0.11%             | 2031-10-18      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Summit Materials LLC                                    | Summit Materials LLC 2023 Incremental Term Loan B                                | CUSIP: 86614DAK4<br>LEI: 549300C97P3BW8QROE16 | Long             | LON              | CORP              | US        |     1184910 | PA      | $1185123.62   | 0.04%             | 2029-01-12      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| VAR ENERGI ASA                                          | Var Energi ASA                                                                   | CUSIP: 92212WAE0<br>LEI: 549300LIVN3FFOJN2K47 | Long             | DBT              | CORP              | NO        |      455000 | PA      | $509533.54    | 0.02%             | 2032-11-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 17-2B PTT                                  | American Airlines 2017-2 Class B                                                 | CUSIP: 02377DAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      215970 | PA      | $213360.07    | 0.01%             | 2025-10-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Chile Government International Bonds                    | Chile Government International Bonds                                             | CUSIP: 168863DN5<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |     1005000 | PA      | $840783.37    | 0.03%             | 2032-01-27      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| CEMEX SAB DE CV                                         | Cemex SAB de CV                                                                  | CUSIP: 000000000<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |      855000 | PA      | $843478.19    | 0.03%             | 2029-11-19      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| CENTRAIS ELETRICAS BRASI                                | Centrais Eletricas Brasileiras SA                                                | CUSIP: 15236FAB6<br>LEI: 254900I8KYDELP4B4Z08 | Long             | DBT              | CORP              | BR        |      650000 | PA      | $587010.06    | 0.02%             | 2030-02-04      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                             | BNP Paribas SA                                                                   | CUSIP: 05565AAR4<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |      205000 | PA      | $202735.70    | 0.01%             | 2026-05-12      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                  | US 10YR NOTE (CBT)MAR25                                                          | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |         357 | NC      | $-349282.37   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| AIR CANADA 2015-2A PTT                                  | Air Canada 2015-2 Class A Pass Through Trust                                     | CUSIP: 009088AB1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |      292108 | PA      | $277864.71    | 0.01%             | 2027-12-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| CAIXABANK SA                                            | CaixaBank SA                                                                     | CUSIP: 000000000<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |     1000000 | PA      | $1109641.59   | 0.04%             | 2033-02-23      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ENGIE ENERGIA CHILE SA                                  | Engie Energia Chile SA                                                           | CUSIP: 29287TAB5<br>LEI: 5493000FIKCC3ZDWTO77 | Long             | DBT              | CORP              | CL        |     1075000 | PA      | $1083578.50   | 0.04%             | 2034-04-17      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Boost Newco Borrower, LLC                               | Boost Newco Borrower LLC 2024 USD Term Loan B                                    | CUSIP: 92943EAE6<br>LEI: 254900S8RE1OL7TTCU64 | Long             | LON              | CORP              | US        |      340148 | PA      | $341494.48    | 0.01%             | 2031-01-31      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                            | Broadcom Inc                                                                     | CUSIP: 11135FBH3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     3120000 | PA      | $2690576.83   | 0.09%             | 2031-02-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| AIR CANADA 2017-1AA PTT                                 | Air Canada 2017-1 Class AA Pass Through Trust                                    | CUSIP: 00908PAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |      620056 | PA      | $572293.08    | 0.02%             | 2030-01-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Bank of America NA                                      | PURCHASED USD / SOLD MXN                                                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |           1 | NC      | $442983.06    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| S&P Global Inc                                          | S&P Global Inc                                                                   | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |      190690 | NS      | $94969340.70  | 3.25%             |  |  |  | No            |                  1 | On Loan: No      |
| CEMEX SAB DE CV                                         | Cemex SAB de CV                                                                  | CUSIP: 151290BX0<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |     1990000 | PA      | $1904501.44   | 0.07%             | 2030-09-17      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| INTESA SANPAOLO SPA                                     | Intesa Sanpaolo SpA                                                              | CUSIP: 46115HBZ9<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |     2225000 | PA      | $2326332.40   | 0.08%             | 2033-06-20      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC                     | PURCHASED USD / SOLD NZD                                                         | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | US        |           1 | NC      | $131823.76    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BK INDIA                                  | Export-Import Bank of India                                                      | CUSIP: 30216JAF2<br>LEI: 335800OFZ8YEIVN1QI11 | Long             | DBT              | NUSS              | IN        |     2790000 | PA      | $2352765.51   | 0.08%             | 2031-01-13      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                                | Western Midstream Operating LP                                                   | CUSIP: 958667AA5<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |      475000 | PA      | $404570.94    | 0.01%             | 2050-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                                        | PURCHASED CNH / SOLD USD                                                         | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | CN        |           1 | NC      | $-258555.37   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Singapore Government Bonds                              | Singapore Government Bonds                                                       | CUSIP: 000000000<br>LEI: 549300ZSV6VOGFH1ER70 | Long             | DBT              | NUSS              | SG        |    10055000 | PA      | $7291429.36   | 0.25%             | 2026-06-01      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| SPOTIFY USA INC                                         | Spotify USA Inc                                                                  | CUSIP: 84921RAB6<br>LEI: 2138008WM218QBKRII94 | Long             | DBT              | CORP              | US        |      615000 | PA      | $653806.50    | 0.02%             | 2026-03-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                     | JPMorgan Chase & Co                                                              | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      207677 | NS      | $49782253.67  | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| T-MOBILE USA INC                                        | T-Mobile USA Inc                                                                 | CUSIP: 87264ABF1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     2805000 | PA      | $2639469.71   | 0.09%             | 2030-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Amazon.com Inc                                          | Amazon.com Inc                                                                   | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      487062 | NS      | $106856532.18 | 3.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider Electric SE                                   | Schneider Electric SE                                                            | CUSIP: 000000000<br>LEI: 969500A1YF1XUYYXS284 | Long             | EC               | CORP              | FR        |      123537 | NS      | $30755249.76  | 1.05%             |  |  |  | No            |                  2 | On Loan: No      |
| TransDigm Inc                                           | TransDigm Inc 2024 Term Loan I                                                   | CUSIP: 89364MCC6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |      162384 | PA      | $162823.83    | 0.01%             | 2028-08-24      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                                 | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAQ4<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |      510000 | PA      | $498025.15    | 0.02%             | 2029-05-09      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| RYAN SPECIALTY GROUP LLC                                | Ryan Specialty Group LLC 2024 USD Term Loan B                                    | CUSIP: 78350UAJ4<br>LEI: 549300K52N7QBO3PYY45 | Long             | LON              | CORP              | US        |      154000 | PA      | $154385.00    | 0.01%             | 2031-09-15      | Floating      | 6.61%                 | No            |                  2 | On Loan: No      |
| Brazil Government International Bonds                   | Brazil Government International Bonds                                            | CUSIP: 105756CH1<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |     2500000 | PA      | $2331444.78   | 0.08%             | 2034-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| ArcelorMittal                                           | ArcelorMittal SA                                                                 | CUSIP: 03938LAS3<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |      920000 | PA      | $946446.25    | 0.03%             | 2041-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ANTOFAGASTA PLC                                         | Antofagasta PLC                                                                  | CUSIP: 000000000<br>LEI: 213800MY6QVH4FVLD628 | Long             | DBT              | CORP              | GB        |      975000 | PA      | $964635.17    | 0.03%             | 2032-05-13      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| EQUINOR ASA                                             | Equinor ASA                                                                      | CUSIP: 29446MAG7<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | DBT              | CORP              | NO        |     2790000 | PA      | $2254116.72   | 0.08%             | 2040-04-06      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN NA                                    | Mercedes-Benz Finance North America LLC                                          | CUSIP: 58769JAW7<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |     2265000 | PA      | $2232332.54   | 0.08%             | 2029-08-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Light and Wonder International, Inc.                    | Light and Wonder International Inc 2024 Term Loan B2                             | CUSIP: 80875AAW1<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | LON              | CORP              | US        |       99501 | PA      | $99767.28     | 0.00%             | 2029-04-14      | Floating      | 6.63%                 | No            |                  2 | On Loan: No      |
| TRANSPORT DE GAS PERU                                   | Transportadora de Gas del Peru SA                                                | CUSIP: 89388AAA0<br>LEI: 529900SKHHNI5HVI0Y66 | Long             | DBT              | CORP              | PE        |      840000 | PA      | $820488.56    | 0.03%             | 2028-04-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ZF NA CAPITAL                                           | ZF North America Capital Inc                                                     | CUSIP: 98877DAF2<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |      340000 | PA      | $327057.65    | 0.01%             | 2030-04-23      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC                     | PURCHASED EUR / SOLD USD                                                         | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | XX        |           1 | NC      | $-1382063.08  | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| U.K. Gilts                                              | U.K. Gilts                                                                       | CUSIP: 000000000<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |      235000 | PA      | $292603.08    | 0.01%             | 2027-01-29      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| ARDONAGH MIDCO 3 PLC                                    | Ardonagh Midco 3 PLC 2024 USD Term Loan B                                        | CUSIP: 000000000<br>LEI: 254900YP2E642AGM4G32 | Long             | LON              | CORP              | AU        |      335000 | PA      | $336675.00    | 0.01%             | 2031-02-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Halma PLC                                               | Halma PLC                                                                        | CUSIP: 000000000<br>LEI: 2138007FRGLUR9KGBT40 | Long             | EC               | CORP              | GB        |     1267110 | NS      | $42510178.98  | 1.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                   | Mexico Government International Bonds                                            | CUSIP: 91087BAY6<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    10000000 | PA      | $9645142.80   | 0.33%             | 2029-05-07      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                                   | Uber Technologies Inc                                                            | CUSIP: 90353TAM2<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |     1440000 | PA      | $1584000.00   | 0.05%             | 2028-12-01      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 16-3 B PTT                                 | American Airlines 2016-3 Class B Pass Through Trust                              | CUSIP: 023771S41<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      667302 | PA      | $652701.42    | 0.02%             | 2025-10-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| RYAN SPECIALTY                                          | Ryan Specialty LLC                                                               | CUSIP: 78351GAA3<br>LEI: 549300K52N7QBO3PYY45 | Long             | DBT              | CORP              | US        |      585000 | PA      | $578824.17    | 0.02%             | 2032-08-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                                           | EchoStar Corp                                                                    | CUSIP: 278768AA4<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |    14281147 | PA      | $12952269.71  | 0.44%             | 2030-11-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| RESIDEO FUNDING INC                                     | Resideo Funding Inc 2024 1st Lien Term Loan B                                    | CUSIP: 76090LAL8<br>LEI: 5493000IFJ6XJKH66598 | Long             | LON              | CORP              | US        |      229465 | PA      | $229896.45    | 0.01%             | 2028-02-11      | Floating      | 8.25%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-05

**Name of Applicant:** LOOMIS SAYLES FUNDS II

**Signature:** John Sgroi

**Name of Signer:** John Sgroi

**Title:** Assistant Treasurer