# EDGAR Filing Document

**Accession Number:** 0002013853
**File Stem:** 0000910472-25-004106
**Filing Date:** 2025-11
**Character Count:** 55151
**Document Hash:** 43a7d634bff724b160a104fceb2be2c1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-004106.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0000910472-25-004106

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251126

**DATE AS OF CHANGE**: 20251125

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** New Age Alpha Funds Trust
- **CENTRAL INDEX KEY:** 0002013853

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23945
- **FILM NUMBER:** 251522891

**BUSINESS ADDRESS:**
- **STREET 1:** 555 THEODORE FREMD AVENUE
- **STREET 2:** SUITE A-101
- **CITY:** RYE
- **STATE:** NY
- **ZIP:** 10580
- **BUSINESS PHONE:** 212-922-2699

**MAIL ADDRESS:**
- **STREET 1:** 555 THEODORE FREMD AVENUE
- **STREET 2:** SUITE A-101
- **CITY:** RYE
- **STATE:** NY
- **ZIP:** 10580

## Series and Classes Contracts Data

### NAA Allocation Fund (Series ID: S000087625)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000253469 | Class C             |  |
| C000253470 | Class P             |  |
| C000253471 | Institutional Class |  |
| C000253472 | Class A             |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** New Age Alpha Funds Trust

- **b. Investment Company Act file number:** 811-23945

- **c. CIK number of Registrant:** 0002013853

- **d. LEI of Registrant:** 529900860B9CQ8SDNS27

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

  - **Street Address 1:** 555 Theodore Fremd Avenue

  - **City:** Rye

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10580

  - **Telephone number:** 212-922-2699

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

- **a. Name of Series:** NAA ALLOCATION FUND

- **b. EDGAR series identifier (if any):** S000087625

- **c. LEI of Series:** 529900YIYRH0BRFKR560

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

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

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $194023482.86

**Total Liabilities:** $485106.89

**Net Assets:** $193538375.97

**Cash Not Reported:** $40085.54

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000253472 | 1.28%                | 1.66%                | 3.04%                |
| Class ID C000253469 | 1.18%                | 1.62%                | 3.00%                |
| Class ID C000253470 | 1.26%                | 1.69%                | 3.06%                |
| Class ID C000253471 | 1.27%                | 1.74%                | 3.05%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $68382.11                | $2272745.87                                |
| Month 2  | $149263.69               | $2890764.81                                |
| Month 3  | $1665445.71              | $3900032.84                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Open Text Holdings Inc                           | OPEN TEXT HLDGS INC SR GLBL 144A 30                        | CUSIP: 683720AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $947288.76    | 0.49%             | 2030-02-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| Uber Technologies Inc                            | Uber Technologies, Inc.                                    | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     19721 | NS      | $1932066.37   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc.                           | Micron Technology, Inc.                                    | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |     12822 | NS      | $2145377.04   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Boyd Gaming Corporation                          | Boyd Gaming Corporation 4.75%, DUE 12/01/2027              | CUSIP: 103304BU4<br>LEI: 254900787YGRYS2A1Z35 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $994254.90    | 0.51%             | 2027-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Halliburton Company                              | Halliburton Company                                        | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               | CORP              | US        |      9500 | NS      | $233700.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Paypal Holdings Inc.                             | PayPal Holdings, Inc.                                      | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |     10880 | NS      | $729612.80    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| The Procter & Gamble Co.                         | Procter & Gamble Company (The)                             | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     11383 | NS      | $1748997.95   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott Ownership Resorts Inc                   | Marriott Vacations Worldwide Corp 4.750%, Due 01/15/2028   | CUSIP: 57164PAF3<br>LEI: BW4532OH033VURR0IT68 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $983666.20    | 0.51%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Zoetis Inc.                                      | Zoetis, Inc.                                               | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |      4993 | NS      | $730575.76    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Airlines Co.                           | Southwest Airlines Company                                 | CUSIP: 844741108<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | EC               | CORP              | US        |      6126 | NS      | $195480.66    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Host Hotels & Resorts Inc                        | Host Hotels & Resorts, Inc. REIT                           | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               | CORP              | US        |      7268 | NS      | $123701.36    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc.                     | Honeywell International, Inc.                              | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |      7248 | NS      | $1525704.00   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| American Water Works Company, Inc.               | American Water Works Company, Inc.                         | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |      2162 | NS      | $300928.78    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp.                                     | Lennar Corporation Class A                                 | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |      2540 | NS      | $320141.60    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp.                       | Constellation Energy Corporation                           | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |      3541 | NS      | $1165236.87   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                                    | Alphabet, Inc. Class A                                     | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      7316 | NS      | $1778519.60   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp.                                     | Oracle Corporation                                         | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |      7817 | NS      | $2198453.08   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL Corporation                                  | PPL Corporation                                            | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |      8362 | NS      | $310731.92    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger Limited                             | SLB Limited                                                | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |     16957 | NS      | $582812.09    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc.                          | UnitedHealth Group, Inc.                                   | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      5763 | NS      | $1989963.90   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Phillips 66                                      | Phillips 66                                                | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |      4614 | NS      | $627596.28    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                              | Cisco Systems, Inc.                                        | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     27111 | NS      | $1854934.62   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Perrigo Finance Unlimited Co.                    | Perrigo Finance Unlimited Company 6.125%, Due 09/30/2032   | CUSIP: 71429MAD7<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |   1000000 | PA      | $1005870.00   | 0.52%             | 2032-09-30      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| The Hartford Insurance Group Inc.                | Hartford Insurance Group, Inc. (The)                       | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |      3203 | NS      | $427248.17    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc.                                       | Apple, Inc.                                                | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     37706 | NS      | $9601078.78   | 4.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Caesars Entertainment Inc.                       | Caesars Entertainment, Inc. 7%, Due 02/15/2030             | CUSIP: 12769GAB6<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1028246.52   | 0.53%             | 2030-02-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Teleflex Incorporated                            | TELEFLEX INC 4.25% Due 06/01/2028                          | CUSIP: 879369AG1<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $976199.00    | 0.50%             | 2028-06-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| American Express Company                         | American Express Company                                   | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |      5501 | NS      | $1827212.16   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group Inc.                                  | CBRE Group, Inc.                                           | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |      3339 | NS      | $526092.84    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corporation                             | Amphenol Corporation Class A                               | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |     13893 | NS      | $1719258.75   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corporation                              | Newmont Corporation                                        | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     12394 | NS      | $1044938.14   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv Inc.                                      | Fiserv, Inc.                                               | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |      6188 | NS      | $797818.84    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                                    | Alphabet, Inc. Class C                                     | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     20704 | NS      | $5042459.20   | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc.                         | O'Reilly Automotive, Inc.                                  | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |      9803 | NS      | $1056861.43   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                                    | iShares iBoxx $ High Yield Corporate Bond ETF              | CUSIP: 464288513<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     59815 | NS      | $4856379.85   | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group Inc                         | Simon Property Group, Inc. REIT                            | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |      3723 | NS      | $698695.41    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Thor Industries Inc.                             | Thor Industries, Inc. 4.000%, Due 10/15/2029               | CUSIP: 885160AA9<br>LEI: 254900XZO1228PDSG060 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $947513.18    | 0.49%             | 2029-10-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Cintas Corporation                               | Cintas Corporation                                         | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3874 | NS      | $795177.24    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc                             | Booking Holdings, Inc.                                     | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |       326 | NS      | $1760162.02   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                                   | S&P Global, Inc.                                           | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |      3327 | NS      | $1619284.17   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| First Solar Inc                                  | First Solar, Inc.                                          | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Long             | EC               | CORP              | US        |      1201 | NS      | $264856.53    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks Inc                           | Palo Alto Networks, Inc.                                   | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |      7749 | NS      | $1577851.38   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Spdr S&P 500 Etf Trust                           | SPDR S&P 500 ETF Trust                                     | CUSIP: 78462F103<br>LEI: 549300NZAMSJ8FXPQQ63 | Long             | EC               | RF                | US        |      2333 | NS      | $1554197.94   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Air Lines Inc.                             | Delta Air Lines, Inc.                                      | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |      7527 | NS      | $427157.25    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                             | JPMorgan Chase & Company                                   | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      7411 | NS      | $2337651.73   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc.                                       | Amgen, Inc.                                                | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |      5976 | NS      | $1686427.20   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corporation                              | Stryker Corporation                                        | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |      3921 | NS      | $1449476.07   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| California Resources Corporation                 | California Resources Corporation 8.25%, Due 06/15/2029     | CUSIP: 13057QAK3<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1042845.00   | 0.54%             | 2029-06-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Microsoft Corp.                                  | Microsoft Corporation                                      | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     19947 | NS      | $10331548.65  | 5.34%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX Laboratories Inc.                          | IDEXX Laboratories, Inc.                                   | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |       925 | NS      | $590973.25    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy Inc                           | Diamondback Energy, Inc.                                   | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |      2119 | NS      | $303228.90    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Henry Jack & Associates Inc.                     | Jack Henry & Associates, Inc.                              | CUSIP: 426281101<br>LEI: 529900X1QS8C54W0JB21 | Long             | EC               | CORP              | US        |       831 | NS      | $123760.83    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Fair Isaac Corporation                           | Fair Isaac Corporation                                     | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |       275 | NS      | $411545.75    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                               | Meta Platforms, Inc. Class A                               | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      5682 | NS      | $4172747.16   | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamb Weston Holdings Inc                         | Lamb Weston Holdings, Inc. 4.375%, Due 01/31/2032          | CUSIP: 513272AE4<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $945216.00    | 0.49%             | 2032-01-31      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Paycom Software Inc                              | Paycom Software, Inc.                                      | CUSIP: 70432V102<br>LEI: 254900LSB0HNJUDC6Q18 | Long             | EC               | CORP              | US        |       573 | NS      | $119264.22    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                                    | iShares Core S&P 500 ETF                                   | CUSIP: 464287200<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |      2328 | NS      | $1558130.40   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings Inc                    | Hilton Worldwide Holdings, Inc.                            | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |      2728 | NS      | $707752.32    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Nexstar Media Inc.                               | Nexstar Broadcasting, Inc 4.750% Due 11/01/2028            | CUSIP: 65336YAN3<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $976049.74    | 0.50%             | 2028-11-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| CCO Holdings, LLC/ CCO Holdings Capital Corp.    | CCO Holdings, LLC / CCO Holdings Capital Corporation       | CUSIP: 1248EPCL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $889575.54    | 0.46%             | 2033-06-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Pulte Group Inc                                  | PulteGroup, Inc.                                           | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2257 | NS      | $298217.41    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co.                                  | Eli Lilly & Company                                        | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      2525 | NS      | $1926575.00   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Baker Hughes Company                             | Baker Hughes Company Class A                               | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11255 | NS      | $548343.60    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc.                                  | Salesforce, Inc.                                           | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      7232 | NS      | $1713984.00   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp.                            | Bank of America Corporation                                | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     36463 | NS      | $1881126.17   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp.                                | Exxon Mobil Corporation                                    | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     16676 | NS      | $1880219.00   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| The Cooper Companies, Inc.                       | Cooper Companies, Inc. (The)                               | CUSIP: 216648501<br>LEI: QJKMVPIGLH7530PCUE20 | Long             | EC               | CORP              | US        |      2294 | NS      | $157276.64    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Insulet Corporation                              | Insulet Corporation                                        | CUSIP: 45784P101<br>LEI: 549300TZTYD2PYN92D43 | Long             | EC               | CORP              | US        |       800 | NS      | $246984.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Realty Income Corporation                        | Realty Income Corporation REIT                             | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |     10405 | NS      | $632519.95    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health, Inc.                            | Cardinal Health, Inc.                                      | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |      2736 | NS      | $429442.56    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Dycom Industries, Inc.                           | Dycom Industries, Inc. 4.5%, Due 04/15/2029                | CUSIP: 267475AD3<br>LEI: 549300F56EKTHQI3WT60 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $976610.18    | 0.50%             | 2029-04-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Ecolab Inc.                                      | Ecolab, Inc.                                               | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |      2926 | NS      | $801314.36    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| D.R. Horton, Inc.                                | D.R. Horton, Inc.                                          | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               | CORP              | US        |      3172 | NS      | $537558.84    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Drainage System Inc                     | Advanced Drainage Systems, Inc. 6.375%, Due 06/15/2030     | CUSIP: 00790RAB0<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1017258.00   | 0.53%             | 2030-06-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| MasterCard Incorporated                          | Mastercard, Inc. Class A                                   | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      3129 | NS      | $1779806.49   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Sealed Air Corp.                                 | Sealed Air Corporation 6.875%, Due 07/15/2033              | CUSIP: 81211KAK6<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1085996.34   | 0.56%             | 2033-07-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Vulcan Materials Company                         | Vulcan Materials Company                                   | CUSIP: 929160109<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | EC               | CORP              | US        |      1531 | NS      | $470966.22    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Occidental Petroleum Corp.                       | Occidental Petroleum Corporation 3.20% Due 08/15/2026      | CUSIP: 674599CR4<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $986928.80    | 0.51%             | 2026-08-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Tesla Inc                                        | Tesla, Inc.                                                | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |      8244 | NS      | $3666271.68   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Matador Resources Company                        | Matador Resources Company 6.875%, Due 04/15/2028           | CUSIP: 576485AF3<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1020530.00   | 0.53%             | 2028-04-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Atkore Inc                                       | Atkore, Inc. 4.25%, Due 06/01/2031                         | CUSIP: 047649AA6<br>LEI: 52990002TI38AM4RPV48 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $932007.71    | 0.48%             | 2031-06-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Walmart Inc                                      | Walmart, Inc.                                              | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |     18241 | NS      | $1879917.46   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy, Inc.                                 | NRG Energy, Inc. 6.25%, Due 11/01/2034                     | CUSIP: 629377CX8<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1025090.45   | 0.53%             | 2034-11-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Keurig Dr Pepper Inc                             | Keurig Dr Pepper Inc.                                      | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |     14977 | NS      | $382063.27    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Six Flags Entertainment Corp.                    | Six Flags Entertainment Corporation 7.25%, Due 05/15/2031  | CUSIP: 83001AAD4<br>LEI: 529900AS2CYWYFHRS781 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1000274.00   | 0.52%             | 2031-05-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Gilead Sciences Inc.                             | Gilead Sciences, Inc.                                      | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     14193 | NS      | $1575423.00   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Chipotle Mexican Grill Inc                       | Chipotle Mexican Grill, Inc.                               | CUSIP: 169656105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14693 | NS      | $575818.67    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Operations Co LLC                         | Vistra Operations Company, LLC 7.75%, Due 10/15/2031       | CUSIP: 92840VAP7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1058230.00   | 0.55%             | 2031-10-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Broadcom Inc                                     | Broadcom, Inc.                                             | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     13135 | NS      | $4333367.85   | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Valaris Ltd.                                     | Valaris Ltd. 8.375%, Due 04/30/2030                        | CUSIP: 91889FAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1036028.35   | 0.54%             | 2030-04-30      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Nissan Motor Acceptance Co LLC                   | Nissan Motor Acceptance Company, LLC 2.75%, Due 03/09/2028 | CUSIP: 654740BT5<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $938270.07    | 0.48%             | 2028-03-09      | Fixed         | 2.75%                 | Yes           |                  2 | On Loan: No      |
| Telecom Italia Capital S.A.                      | Telecom Italia Capital S.A. 7.2%, Due 07/18/2036           | CUSIP: 87927VAR9<br>LEI: 549300777DJZOR5C4L39 | Long             | DBT              | CORP              | LU        |   1000000 | PA      | $1079162.63   | 0.56%             | 2036-07-18      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| The Sherwin-Williams Company                     | Sherwin-Williams Company (The)                             | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |      2670 | NS      | $924514.20    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Starwood Property Trust, Inc.                    | Starwood Property Trust, Inc. 7.25%, Due 04/01/2029        | CUSIP: 85571BBB0<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1050975.00   | 0.54%             | 2029-04-01      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Builders Firstsource, Inc.                       | Builders FirstSource, Inc. 6.375%, Due 03/01/2034          | CUSIP: 12008RAS6<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1030118.00   | 0.53%             | 2034-03-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Crowdstrike Holdings Inc                         | Crowdshare Holdings, Inc.                                  | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |      2936 | NS      | $1439755.68   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Ingalls Industries, Inc.              | Huntington Ingalls Industries, Inc.                        | CUSIP: 446413106<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | EC               | CORP              | US        |       446 | NS      | $128407.86    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc.                          | Berkshire Hathaway, Inc. Class B                           | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      4703 | NS      | $2364386.22   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp.                            | Parker-Hannifin Corporation                                | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |      1464 | NS      | $1109931.60   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Ltd.                                       | Chubb Ltd.                                                 | CUSIP: H1467J104<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | US        |      4225 | NS      | $1192506.25   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co., Inc                                 | Merck & Company, Inc.                                      | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     21210 | NS      | $1780155.30   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co (The)                               | Coca-Cola Company (The)                                    | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     26673 | NS      | $1768953.36   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp                                 | Duke Energy Corporation                                    | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |      8815 | NS      | $1090856.25   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals, Inc.                             | United Rentals, Inc.                                       | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |       727 | NS      | $694037.82    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                                  | T-Mobile USA, Inc.                                         | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |      5284 | NS      | $1264883.92   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Gallagher Aj &Co                                 | Arthur J. Gallagher & Company                              | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |      2901 | NS      | $898555.74    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Iron Mountain Information Management Servces Inc | Iron Mountain Information Management Services, Inc.        | CUSIP: 46285MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $963619.34    | 0.50%             | 2032-07-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Exelon Corp.                                     | Exelon Corporation                                         | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |     11387 | NS      | $512528.87    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Grainger W W Inc                                 | Grainger (W.W.), Inc.                                      | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |       508 | NS      | $484103.68    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Gartner Inc.                                     | Gartner, Inc.                                              | CUSIP: 366651107<br>LEI: PP55B5R38BFB8O8HH686 | Long             | EC               | CORP              | US        |       857 | NS      | $225279.59    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Performance Food Group Inc                       | Performance Food Group Inc 6.125%, Due 09/15/2032          | CUSIP: 71376LAF7<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1024303.02   | 0.53%             | 2032-09-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Papa John's International Inc.                   | Papa Johns International 3.8750%, Due 09/15/2029           | CUSIP: 698813AA0<br>LEI: HZYLD3DK5XOX0WBVNB56 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $953472.20    | 0.49%             | 2029-09-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| N/A                                              | BBH Overnight Sweep                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | CORP              | US        |    995510 | PA      | $995510.18    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Chart Industries Inc                             | Chart Industries, Inc. 9.5%, Due 01/01/2031                | CUSIP: 16115QAG5<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1071345.00   | 0.55%             | 2031-01-01      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| Amazon.com, Inc.                                 | Amazon.com, Inc.                                           | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     24673 | NS      | $5417450.61   | 2.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                                  | Caterpillar, Inc.                                          | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |      4267 | NS      | $2035999.05   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Company                           | General Motors Company                                     | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |     10843 | NS      | $661097.71    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstEnergy Corp.                                | FirstEnergy Corporation                                    | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |      6232 | NS      | $285550.24    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corporation                       | American Tower Corporation                                 | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |      5199 | NS      | $999871.68    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Aramark Services, Inc.                           | Aramark Services, Inc. 5.00%, Due 02/01/2028               | CUSIP: 038522AQ1<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $995294.30    | 0.51%             | 2028-02-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| NVIDIA Corp.                                     | NVIDIA Corporation                                         | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     67139 | NS      | $12526794.62  | 6.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott International, Inc.                     | Marriott International, Inc. Class A                       | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |      2589 | NS      | $674279.16    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services, Inc.                          | Republic Services, Inc.                                    | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |      2298 | NS      | $527345.04    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA Communications Corp.                         | SBA COMMUNICATIONS CORP 3.875%, Due 02/15/2027             | CUSIP: 78410GAD6<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $984952.38    | 0.51%             | 2027-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| The Allstate Corporation                         | Allstate Corporation (The)                                 | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |      2992 | NS      | $642232.80    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Valvoline Inc                                    | Valvoline, Inc. 3.625%, Due 06/15/2031                     | CUSIP: 92047WAG6<br>LEI: 549300CMHPBEY6VPOT75 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $915321.10    | 0.47%             | 2031-06-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| Automatic Data Processing, Inc.                  | Automatic Data Processing, Inc.                            | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |      4662 | NS      | $1368297.00   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                                         | AT&T, Inc.                                                 | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |     61038 | NS      | $1723713.12   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Aerospace                                     | General Electric Company                                   | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |      6510 | NS      | $1958338.20   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastenal Co.                                     | Fastenal Company                                           | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Long             | EC               | CORP              | US        |     13170 | NS      | $645856.80    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc.                                   | Citigroup, Inc.                                            | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     18827 | NS      | $1910940.50   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Pepsico Inc                                      | PepsiCo, Inc.                                              | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     12304 | NS      | $1727973.76   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Encompass Health Corporation                     | Encompass Health Corporation 4.625%, Due 04/01/2031        | CUSIP: 29261AAE0<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $972929.20    | 0.50%             | 2031-04-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Light & Wonder International Inc.                | Light & Wonder International, Inc. 7.25%, Due 11/15/2029   | CUSIP: 80874YBE9<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1026234.00   | 0.53%             | 2029-11-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Intuit Inc                                       | Intuit, Inc.                                               | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      2669 | NS      | $1822686.79   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyler Technologies Inc.                          | Tyler Technologies, Inc.                                   | CUSIP: 902252105<br>LEI: 25490040SMU4Z8LBCW70 | Long             | EC               | CORP              | US        |       500 | NS      | $261580.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Iron Mountain Inc.                               | Iron Mountain, Inc.                                        | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               | CORP              | US        |      3356 | NS      | $342110.64    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Incorporated              | Vertex Pharmaceuticals, Inc.                               | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |      2904 | NS      | $1137322.56   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Lululemon Athletica Inc.                         | Lululemon Athletica, Inc.                                  | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | US        |      1243 | NS      | $221166.99    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-25

**Name of Applicant:** New Age Alpha Funds Trust

**Signature:** Keith D. Kemp

**Name of Signer:** Keith D. Kemp

**Title:** President