# EDGAR Filing Document

**Accession Number:** 0000810893
**File Stem:** 0001099263-25-004450
**Filing Date:** 2025-11
**Character Count:** 54184
**Document Hash:** 52f9a32ea11b06f891aa00df0fcfcdf2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001099263-25-004450.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0001099263-25-004450

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251126

**DATE AS OF CHANGE**: 20251126

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PIMCO FUNDS
- **CENTRAL INDEX KEY:** 0000810893

**ORGANIZATION NAME:**
- **EIN:** 952632339
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05028
- **FILM NUMBER:** 251528267

**BUSINESS ADDRESS:**
- **STREET 1:** 650 NEWPORT CENTER DRIVE
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660
- **BUSINESS PHONE:** 949-720-6000

**MAIL ADDRESS:**
- **STREET 1:** 650 NEWPORT CENTER DRIVE
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660

## Series and Classes Contracts Data

### PIMCO Sector Fund Series - AM (Series ID: S000071783)

| Class ID   | Class Name                    | Ticker Symbol   |
|:---|:---|:---|
| C000227285 | PIMCO Sector Fund Series - AM |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** PIMCO Funds

- **b. Investment Company Act file number:** 811-05028

- **c. CIK number of Registrant:** 0000810893

- **d. LEI of Registrant:** 5493003B5Y5GR0Y25Y76

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

  - **Street Address 1:** 650 Newport Center Drive

  - **City:** Newport Beach

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 92660

  - **Telephone number:** (888) 877-4626

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

- **a. Name of Series:** PIMCO Sector Fund Series - AM

- **b. EDGAR series identifier (if any):** S000071783

- **c. LEI of Series:** 5493007XXZ2N6NKJ1Y44

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

- **a. Date of fiscal year-end:** 2026-03-31

- **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:** $139518887.25

**Total Liabilities:** $86390280.80

**Net Assets:** $53128606.45

**Cash Not Reported:** $566591.57

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 3432.540500 | **1-Year:** 9200.643000 | **5-Year:** 23904.953000 | **10-Year:** 5836.838600 | **30-Year:** 0.000000

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

- **3-Month:** 0.000000 | **1-Year:** 0.000000 | **5-Year:** 0.000000 | **10-Year:** 0.000000 | **30-Year:** 0.000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000227285 | -0.40%               | 1.79%                | 1.23%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $246838.92               | $-713622.35                                |
| Month 2  | $149592.97               | $674715.96                                 |
| Month 3  | $343186.92               | $-5616.81                                  |

**Designated Index Information**

- **Index Name:** Bloomberg U.S. MBS Fixed Rate Total Return Index Value Unhedged USD

- **Index Identifier:** LD10TRUU

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| FANNIE MAE REMICS 2024-100                        | FANNIE MAE FNR 2024 100 FD                          | CUSIP: 3136BUGR5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2662515 | PA      | $2675481.69   | 5.04%             | 2054-06-25      | Floating      | 5.81%                 | No            |                  2 | On Loan: No      |
| N/A                                               | 317U97AA5 PIMCO FPPSWAPTION 4.265 CALL USD          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |    200000 | NC      | $10396.00     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2019-72                         | FANNIE MAE FNR 2019 72 AI                           | CUSIP: 3136B7JP7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    485551 | PA      | $94512.37     | 0.18%             | 2049-05-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                               | 317U9SQA2 PIMCO SWAPTION 4.2475 PUT USD 202510      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -300000 | NC      | $-0.03        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                               | 317UAEZA1 PIMCO SWAPTION 4.032 PUT USD 2025120      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -400000 | NC      | $-810.20      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                               | 317U93SA5 PIMCO FPPSWAPTION 4.31 CALL USD           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |    200000 | NC      | $10678.42     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                             | FED HM LN PC POOL SD7570 FR 05/54 FIXED 6           | CUSIP: 3132DVMT9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    407288 | PA      | $423961.25    | 0.80%             | 2054-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                             | FED HM LN PC POOL SL0874 FR 03/55 FIXED 6           | CUSIP: 31427M6L0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     86486 | PA      | $89928.26     | 0.17%             | 2055-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FANNIEMAE STRIP-435                               | FANNIEMAE STRIP FNS 435 C24                         | CUSIP: 31424UAZ9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    949766 | PA      | $123265.68    | 0.23%             | 2052-04-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                              | GNMA II POOL BV9809 G2 05/36 FIXED 5.5              | CUSIP: 3617NP3S4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    829776 | PA      | $843965.86    | 1.59%             | 2036-05-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                               | 317U9HKA2 PIMCO FPPSWAPTION 4.47 CALL USD           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |    100000 | NC      | $5861.22      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                              | GNMA II POOL BV9801 G2 03/36 FIXED 5.5              | CUSIP: 3617NP3J4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1223711 | PA      | $1264937.38   | 2.38%             | 2036-03-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                               | 317U9S1A9 PIMCO SWAPTION 4.75 PUT USD 20251014      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |  17500000 | NC      | $1.75         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                               | RFR USD SOFR/3.75000 12/18/24-5Y LCH                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $12019.29     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC STRIPS 414                            | FREDDIEMAC STRIP FHS 414 C35                        | CUSIP: 3142G9VT4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3267300 | PA      | $479658.99    | 0.90%             | 2052-04-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                              | FNMA TBA 30 YR 2 SINGLE FAMILY MORTGAGE             | CUSIP: 01F0206A2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   8100000 | PA      | $6530488.19   | 12.29%            | 2055-10-14      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| MFA 2024-RPL1 TRUST                               | MFRA TRUST MFRA 2024 RPL1 A1 144A                   | CUSIP: 55287AAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1746926 | PA      | $1680427.91   | 3.16%             | 2066-02-25      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                              | FNMA TBA 30 YR 3.5 SINGLE FAMILY MORTGAGE           | CUSIP: 01F0326B5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    900000 | PA      | $822133.92    | 1.55%             | 2055-11-13      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2024-26                         | FANNIE MAE FNR 2024 26 FD                           | CUSIP: 3136BRWH6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3573667 | PA      | $3587450.59   | 6.75%             | 2054-05-25      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                              | FNMA POOL BZ1720 FN 06/28 FIXED 4.88                | CUSIP: 3140NV4E4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    500000 | PA      | $511441.85    | 0.96%             | 2028-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                              | FNMA POOL FA1296 FN 08/51 FIXED VAR                 | CUSIP: 3140W1NN9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    292258 | PA      | $284370.76    | 0.54%             | 2051-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2024-100                        | FANNIE MAE FNR 2024 100 FB                          | CUSIP: 3136BUGF1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3129840 | PA      | $3150481.12   | 5.93%             | 2055-01-25      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| N/A                                               | 317UA3TA2 PIMCO FPPSWAPTION 4.623 CALL USD          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   4500000 | NC      | $287179.20    | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                             | FED HM LN PC POOL SD6727 FR 07/54 FIXED 6.5         | CUSIP: 3132DUPL5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     77343 | PA      | $81021.49     | 0.15%             | 2054-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                               | 317UA80A2 PIMCO FPPSWAPTION 4.693 PUT USD           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |    200000 | NC      | $10263.90     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                               | 317U9ZEA9 PIMCO FPPSWAPTION 4.427 CALL USD          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |    200000 | NC      | $11441.66     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                              | GNMA POOL 785747 GN 07/49 FIXED 4.5                 | CUSIP: 3622ABHY1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    134864 | PA      | $132738.81    | 0.25%             | 2049-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                               | US 5YR NOTE (CBT) DEC25 XCBT 20251231               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |       -38 | NC      | $-15928.65    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE 2011-86                                | FANNIE MAE FNR 2011 86 KF                           | CUSIP: 3136A0K48<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1219722 | PA      | $1214371.63   | 2.29%             | 2041-09-25      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| FHR-5100                                          | FREDDIE MAC FHR 5100 IA                             | CUSIP: 3137FYXD3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2706787 | PA      | $366030.93    | 0.69%             | 2049-10-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                              | GNMA II TBA 30 YR 6.5 JUMBOS                        | CUSIP: 21H0626B8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $2054198.68   | 3.87%             | 2054-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2021-H12 | GOVERNMENT NATIONAL MORTGAGE A GNR 2021 H12 FA      | CUSIP: 38382YAL7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    911048 | PA      | $934618.07    | 1.76%             | 2071-07-20      | Floating      | 5.89%                 | No            |                  2 | On Loan: No      |
| N/A                                               | 317U9V5A8 PIMCO FPPSWAPTION 4.64 PUT USD            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |    300000 | NC      | $15715.83     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                               | 317UABRA6 PIMCO SWAPTION 3.181 CALL USD 202512      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   1400000 | NC      | $3421.74      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                              | GNMA II POOL MA9777 G2 07/54 FIXED 4.5              | CUSIP: 36179Y2J2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    579607 | PA      | $562889.00    | 1.06%             | 2054-07-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                               | 31750RC54 OTC EPUT FN 6.0 OCT25 98.9609375 PUT      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   1000000 | NC      | $0.01         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                              | FNMA POOL FS9993 FN 03/54 FIXED VAR                 | CUSIP: 3140XSC76<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     48982 | PA      | $51304.41     | 0.10%             | 2054-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                               | 317U9OPA2 PIMCO FPPSWAPTION 4.4 CALL USD            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   1000000 | NC      | $56306.40     | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                              | FNMA TBA 15 YR 2 SINGLE FAMILY MORTGAGE             | CUSIP: 01F0204A4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1200000 | PA      | $1103179.79   | 2.08%             | 2040-10-16      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                              | FNMA TBA 15 YR 2.5 SINGLE FAMILY MORTGAGE           | CUSIP: 01F0224A0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    500000 | PA      | $470402.04    | 0.89%             | 2040-10-16      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                              | FNMA TBA 30 YR 2.5 SINGLE FAMILY MORTGAGE           | CUSIP: 01F0226A8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2700000 | PA      | $2275160.67   | 4.28%             | 2055-10-14      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                              | FNMA POOL CB7445 FN 11/53 FIXED 6.5                 | CUSIP: 3140QTHX0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     46463 | PA      | $48668.41     | 0.09%             | 2053-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                               | 317U98VA0 PIMCO FPPSWAPTION 4.285 PUT USD           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |    200000 | NC      | $12126.32     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                              | FNMA POOL FA0938 FN 03/55 FIXED VAR                 | CUSIP: 3140W1BG7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    164295 | PA      | $170833.10    | 0.32%             | 2055-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                               | 31750RN52 OTC EPUT FN 5.5 DEC25 98.9570312 PUT      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |    500000 | NC      | $472.70       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PIMCO FUNDS                                       | PIMCO PRV SHORT TERM FLT III MUTUAL FUND            | CUSIP: 000000000<br>LEI: LWVQWTQCFH3YG7CVH718 | Long             | STIV             | RF                | US        |    215292 | PA      | $2096726.38   | 3.95%             |  |  |  | No            |                  1 | On Loan: No      |
| FHLMC PASS THRU POOLS                             | FED HM LN PC POOL SD7578 FR 04/55 FIXED 6           | CUSIP: 3132DVM36<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    830657 | PA      | $863457.07    | 1.63%             | 2055-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                             | FED HM LN PC POOL RA9862 FR 09/53 FIXED 6.5         | CUSIP: 3133KR5X8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      7394 | PA      | $7744.41      | 0.01%             | 2053-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                               | 317U93RA6 PIMCO FPPSWAPTION 4.31 PUT USD            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |    200000 | NC      | $11998.04     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                             | FED HM LN PC POOL QJ0132 FR 07/54 FIXED 6           | CUSIP: 3133CQED3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2957930 | PA      | $3067276.93   | 5.77%             | 2054-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                               | 317U96ZA0 PIMCO FPPSWAPTION 4.265 PUT USD           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |    200000 | NC      | $12228.20     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                              | FNMA TBA 30 YR 5 SINGLE FAMILY MORTGAGE             | CUSIP: 01F0506B7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $1982376.80   | 3.73%             | 2055-11-13      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                             | FED HM LN PC POOL SD8420 FR 04/54 FIXED 5.5         | CUSIP: 3132DWK93<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1628016 | PA      | $1642933.00   | 3.09%             | 2054-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                               | RFR USD SOFR/3.50000 12/18/24-30Y LCH               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $16651.15     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                              | FNMA TBA 30 YR 6.5 SINGLE FAMILY MORTGAGE           | CUSIP: 01F0626A4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2900000 | PA      | $2997265.83   | 5.64%             | 2054-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                               | RFR USD SOFR/3.75000 09/17/25-10Y CME               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $-11853.66    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                              | FNMA POOL FA0287 FN 12/54 FIXED VAR                 | CUSIP: 3140W0J97<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2420354 | PA      | $2474652.06   | 4.66%             | 2054-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                              | GNMA II TBA 30 YR 5 JUMBOS                          | CUSIP: 21H0506B3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1400000 | PA      | $1390935.60   | 2.62%             | 2054-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                               | 317UA0WA4 PIMCO FPPSWAPTION 4.485 CALL USD          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |    200000 | NC      | $11825.18     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                              | GNMA II TBA 30 YR 2.5 JUMBOS                        | CUSIP: 21H0226B2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3000000 | PA      | $2583386.01   | 4.86%             | 2055-11-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| N/A                                               | 317U9V6A7 PIMCO FPPSWAPTION 4.64 CALL USD           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |    600000 | NC      | $38643.18     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                               | 317UA9XA4 PIMCO SWAPTION 4.081 PUT USD 2025110      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -700000 | NC      | $-80.01       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2020-H05 | GOVERNMENT NATIONAL MORTGAGE A GNR 2020 H05 FK      | CUSIP: 38380L4U4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    338035 | PA      | $337134.98    | 0.63%             | 2070-03-20      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                             | FED HM LN PC POOL RJ4594 FR 08/55 FIXED 6.5         | CUSIP: 3142GVC82<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    195188 | PA      | $204854.54    | 0.39%             | 2055-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CITIGROUP MORTGAGE LOAN TRUST 2024-1              | CITIGROUP MORTGAGE LOAN TRUST CMLTI 2024 1 A11 144A | CUSIP: 17332CBX3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1915837 | PA      | $1925755.44   | 3.62%             | 2054-07-25      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2023-128 | GOVERNMENT NATIONAL MORTGAGE A GNR 2023 128 FK      | CUSIP: 38384CMF3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1621660 | PA      | $1624979.81   | 3.06%             | 2053-08-20      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                              | GNMA II TBA 30 YR 3 JUMBOS                          | CUSIP: 21H0306B5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   5000000 | PA      | $4464248.05   | 8.40%             | 2055-11-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| N/A                                               | 317U9S0A0 PIMCO SWAPTION 3.41 CALL USD 2025101      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |  -1000000 | NC      | $-1758.40     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                             | FED HM LN PC POOL SD4259 FR 11/53 FIXED 6.5         | CUSIP: 3132E0WU2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    174458 | PA      | $182696.14    | 0.34%             | 2053-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                              | FNMA POOL FA1839 FN 03/45 FIXED VAR                 | CUSIP: 3140W2BH3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    500001 | PA      | $523860.44    | 0.99%             | 2045-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| N/A                                               | US 10YR NOTE (CBT)DEC25 XCBT 20251219               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |       -72 | NC      | $-14852.16    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                               | 31750R9J8 OTC EPUT FN 6.0 OCT25 98.890625 PUT       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |    500000 | NC      | $0.01         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                              | FNMA TBA 30 YR 5.5 SINGLE FAMILY MORTGAGE           | CUSIP: 01F0526B3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    200000 | PA      | $201530.41    | 0.38%             | 2054-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                             | FED HM LN PC POOL SD7122 FR 11/54 FIXED 6.5         | CUSIP: 3132DU4F1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     74299 | PA      | $77843.94     | 0.15%             | 2054-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                             | FED HM LN PC POOL SL0873 FR 04/55 FIXED 6           | CUSIP: 31427M6K2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     47238 | PA      | $49117.46     | 0.09%             | 2055-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                              | FNMA TBA 30 YR 6 SINGLE FAMILY MORTGAGE             | CUSIP: 01F0606B6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2300000 | PA      | $2349382.13   | 4.42%             | 2054-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2018-H01 | GOVERNMENT NATIONAL MORTGAGE A GNR 2018 H01 FA      | CUSIP: 38375U3L2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    374601 | PA      | $376662.02    | 0.71%             | 2068-01-20      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                              | FNMA POOL FS2937 FN 04/43 FIXED VAR                 | CUSIP: 3140XJHP1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    241921 | PA      | $235418.89    | 0.44%             | 2043-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| N/A                                               | 317UAF0A6 PIMCO SWAPTION 4.036 PUT USD 2025120      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -400000 | NC      | $-794.36      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                              | FNMA POOL BZ2582 FN 12/29 FIXED 4.3                 | CUSIP: 3140NW2Q7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    401000 | PA      | $404666.66    | 0.76%             | 2029-12-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5445                           | FREDDIE MAC FHR 5445 FB                             | CUSIP: 3137HDW55<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    817876 | PA      | $821300.14    | 1.55%             | 2054-08-25      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| N/A                                               | 317U9HJA4 PIMCO FPPSWAPTION 4.47 PUT USD            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |    100000 | NC      | $5614.20      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                              | FNMA POOL CB9151 FN 09/54 FIXED 6                   | CUSIP: 3140QVEZ3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    171507 | PA      | $178331.90    | 0.34%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                               | 317U9ZDA0 PIMCO FPPSWAPTION 4.427 PUT USD           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |    200000 | NC      | $11438.86     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                              | GNMA II TBA 30 YR 4.5 JUMBOS                        | CUSIP: 21H0426A2<br>LEI: N/A                  | Short            | ABS-MBS          | USGSE             | US        |   -100000 | PA      | $-96991.42    | -0.18%            | 2055-10-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                             | FED HM LN PC POOL QJ0127 FR 07/54 FIXED 5.5         | CUSIP: 3133CQD85<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1692779 | PA      | $1728519.96   | 3.25%             | 2054-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                               | 317UA82A0 PIMCO FPPSWAPTION 4.693 PUT USD           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |    200000 | NC      | $10263.90     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                               | RFR USD SOFR/3.25000 03/19/25-10Y CME               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $22245.52     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                               | 31750R9P4 OTC EPUT FN 5.5 OCT25 97.09375 PUT        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |    500000 | NC      | $0.01         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                               | 317U9VXA7 PIMCO SWAPTION 4.2 PUT USD 20251007       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -700000 | NC      | $-0.07        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                              | GNMA II TBA 30 YR 3.5 JUMBOS                        | CUSIP: 21H0326B1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   5865000 | PA      | $5347086.37   | 10.06%            | 2055-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| N/A                                               | 31750RN60 OTC EPUT FN 5.5 DEC25 98.9453125 PUT      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |    500000 | NC      | $467.90       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                              | FNMA TBA 30 YR 3 SINGLE FAMILY MORTGAGE             | CUSIP: 01F0306A1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   6800000 | PA      | $5973892.96   | 11.24%            | 2055-10-14      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| N/A                                               | 31750RAM9 OTC EPUT FN 6.0 OCT25 98.875 PUT          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |    500000 | NC      | $0.01         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                               | 317UABBA3 PIMCO SWAPTION 3.9055 PUT USD 202603      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   1600000 | NC      | $15080.32     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                              | FNMA POOL CC0257 FN 04/55 FIXED 6                   | CUSIP: 3140Y6JB7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    165020 | PA      | $171485.76    | 0.32%             | 2055-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2024-5                          | FANNIE MAE FNR 2024 5 DI                            | CUSIP: 3136BQ3W7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1925107 | PA      | $344617.99    | 0.65%             | 2051-10-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| N/A                                               | 31750RBD8 OTC EPUT FN 6.0 OCT25 99.1640625 PUT      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   1000000 | NC      | $0.01         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                               | 317UA83A9 PIMCO FPPSWAPTION 4.693 CALL USD          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |    200000 | NC      | $13253.32     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                               | RFR USD SOFR/3.75000 12/18/24-10Y CME               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $19944.77     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                              | FNMA POOL FS8573 FN 06/54 FIXED VAR                 | CUSIP: 3140XQQ34<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     59810 | PA      | $62746.10     | 0.12%             | 2054-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                               | RFR USD SOFR/3.25000 06/18/25-10Y CME               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $32298.97     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                               | 317UA9YA3 PIMCO SWAPTION 4.084 PUT USD 2025110      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -800000 | NC      | $-89.36       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ACRA TRUST 2024-NQM1                              | ACRA TRUST 2024 NQM1 ACRA 2024 NQM1 A1 144A         | CUSIP: 00112EAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1719770 | PA      | $1730921.86   | 3.26%             | 2064-10-25      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| N/A                                               | 317U9FXA2 PIMCO SWAPTION 5.0 PUT USD 20250930       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   6900000 | NC      | $0.69         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                              | GNMA II TBA 30 YR 4 JUMBOS                          | CUSIP: 21H0406B4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1500000 | PA      | $1410324.17   | 2.65%             | 2055-11-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| N/A                                               | 317UABQA7 PIMCO SWAPTION 3.681 PUT USD 2025120      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |  -1600000 | NC      | $-5555.68     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                              | FNMA POOL FA1193 FN 03/55 FIXED VAR                 | CUSIP: 3140W1KF9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    199557 | PA      | $207436.58    | 0.39%             | 2055-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                               | 317U8VYA7 PIMCO SWAPTION 5.0 PUT USD 20260403       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   3900000 | NC      | $1070.55      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                              | FNMA TBA 30 YR 4.5 SINGLE FAMILY MORTGAGE           | CUSIP: 01F0426A6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2100000 | PA      | $2037193.66   | 3.83%             | 2055-10-14      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                              | GNMA II TBA 30 YR 2 JUMBOS                          | CUSIP: 21H0206B6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    500000 | PA      | $413468.12    | 0.78%             | 2055-11-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                             | FED HM LN PC POOL SD4977 FR 11/53 FIXED 5           | CUSIP: 3132DSQ62<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4117601 | PA      | $4101662.60   | 7.72%             | 2053-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                               | 31750RK48 OTC EPUT FN 6.0 NOV25 99.8125 PUT         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   2200000 | NC      | $79.64        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                              | FNMA POOL BZ3278 FN 04/30 FIXED 4.74                | CUSIP: 3140NXUC5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    245000 | PA      | $248074.93    | 0.47%             | 2030-04-01      | Fixed         | 4.74%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                              | GNMA II TBA 30 YR 5.5 JUMBOS                        | CUSIP: 21H0526A1<br>LEI: N/A                  | Short            | ABS-MBS          | USGSE             | US        |  -1000000 | PA      | $-1007598.53  | -1.90%            | 2054-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                              | FNMA POOL BZ3092 FN 02/35 FIXED 5.14                | CUSIP: 3140NXNJ8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    500000 | PA      | $520496.03    | 0.98%             | 2035-02-01      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                             | FED HM LN PC POOL SD4642 FR 01/54 FIXED 6.5         | CUSIP: 3132DSEP3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     68418 | PA      | $71673.74     | 0.13%             | 2054-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                               | 317UA0VA5 PIMCO FPPSWAPTION 4.485 PUT USD           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |    200000 | NC      | $11169.82     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                               | 317U9OQA1 PIMCO FPPSWAPTION 4.4 PUT USD             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |    500000 | NC      | $28905.75     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2022-H16 | GOVERNMENT NATIONAL MORTGAGE A GNR 2022 H16 FB      | CUSIP: 38382YWP4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2608052 | PA      | $2611541.04   | 4.92%             | 2072-08-20      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                              | GNMA II POOL 786662 G2 03/53 FIXED 5                | CUSIP: 3622ACJF8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2918250 | PA      | $2927280.04   | 5.51%             | 2053-03-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                               | RFR USD SOFR/3.75000 12/18/24-5Y CME                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $-22847.24    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                              | FNMA TBA 15 YR 3.5 SINGLE FAMILY MORTGAGE           | CUSIP: 01F0324A9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1500000 | PA      | $1453438.56   | 2.74%             | 2040-10-16      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                              | FNMA POOL FS8627 FN 07/54 FIXED VAR                 | CUSIP: 3140XQSR9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     56053 | PA      | $58710.99     | 0.11%             | 2054-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                             | FED HM LN PC POOL SD5455 FR 04/54 FIXED 6.5         | CUSIP: 3132DTBY5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     13780 | PA      | $14456.84     | 0.03%             | 2054-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                               | 317UA81A1 PIMCO FPPSWAPTION 4.693 CALL USD          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |    200000 | NC      | $13253.32     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                               | 317U8WUA9 PIMCO SWAPTION 5.0 PUT USD 20251008       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |  10000000 | NC      | $1.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                               | 317U9FWA3 PIMCO SWAPTION 3.4525 CALL USD 20250      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -500000 | NC      | $-0.05        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                               | 317U9B8A9 PIMCO FPPSWAPTION 4.43 CALL USD           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |    200000 | NC      | $11458.68     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                              | FNMA TBA 30 YR 4 SINGLE FAMILY MORTGAGE             | CUSIP: 01F0406B8<br>LEI: N/A                  | Short            | ABS-MBS          | USGSE             | US        |  -2100000 | PA      | $-1978961.17  | -3.72%            | 2055-11-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| N/A                                               | 317U98WA9 PIMCO FPPSWAPTION 4.285 CALL USD          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |    200000 | NC      | $10521.86     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                               | 317U9B7A0 PIMCO FPPSWAPTION 4.43 PUT USD            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |    200000 | NC      | $11415.60     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| NYMT LOAN TRUST 2024-INV1                         | NEW YORK MORTGAGE TRUST NYMT 2024 INV1 A1 144A      | CUSIP: 62956XAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1792294 | PA      | $1800700.01   | 3.39%             | 2069-06-25      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| N/A                                               | 317U9S8A2 PIMCO SWAPTION 4.2 PUT USD 20251007       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -300000 | NC      | $-0.03        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                               | 317U9U7A8 PIMCO SWAPTION 4.221 PUT USD 2025100      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -400000 | NC      | $-0.04        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-26

**Name of Applicant:** PIMCO Funds

**Signature:** /s/ Bijal Parikh

**Name of Signer:** Bijal Parikh

**Title:** Treasurer