# EDGAR Filing Document

**Accession Number:** 0001028621
**File Stem:** 0001752724-23-038585
**Filing Date:** 2023-2
**Character Count:** 525184
**Document Hash:** b8eb232be53e7ab28ff20a879ae490c9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-038585.hdr.sgml**: 20230224

**ACCESSION NUMBER**: 0001752724-23-038585

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221230

**FILED AS OF DATE**: 20230224

**DATE AS OF CHANGE**: 20230224

**PERIOD START**: 20230331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** METROPOLITAN WEST FUNDS
- **CENTRAL INDEX KEY:** 0001028621
- **IRS NUMBER:** 000000000
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07989
- **FILM NUMBER:** 23664519

**BUSINESS ADDRESS:**
- **STREET 1:** METROPOLITAN WEST ASSET MANAGEMENT
- **STREET 2:** 865 S. FIGUEROA STREET, SUITE 1800
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90017
- **BUSINESS PHONE:** 213-244-0000

**MAIL ADDRESS:**
- **STREET 1:** METROPOLITAN WEST ASSET MANAGEMENT
- **STREET 2:** 865 S. FIGUEROA STREET, SUITE 1800
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90017

## Series and Classes Contracts Data

### Metropolitan West Flexible Income Fund (Series ID: S000062248)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000201583 | Class I      | MWFEX           |
| C000201584 | Class M      | MWFSX           |

## Nport-Ex

# Flexible Income Fund
Schedule of Portfolio Investments
December 31, 2022 (Unaudited)

| Issues | Maturity Date | Principal Amount | Value | Issues | Maturity Date | Principal Amount | Value |
| --- | --- | --- | --- | --- | --- | --- | --- |
| BONDS = $4.05% |  |  |  | ASSET-BACKED SECURITIES (continued) |  |  |  |
| ASSET-BACKED SECURITIES - 10.76%** |  |  |  | CIFC Funding Ltd. |  |  |  |
| AGL CLO 13 Ltd., |  |  |  | CIFC Fund 13 Ltd., |  |  |  |
| Series 2021-13A, Class B |  |  |  | CIFC Fund 13 Ltd., |  |  |  |
| (Cayman Islands) |  |  |  | CIFC Fund 13 Ltd., |  |  |  |
| (LIBOR USD 3-Month plus 1.65%) |  |  |  | CIFC Fund 13 Ltd., |  |  |  |
|  |  |  |  | 0.00% | 04/19/2022 | $475,000 | $385,028 |
|  |  |  |  | CoreVest American Finance Trust, |  |  |  |

Flexible Income Fund

1/ December 2022

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)

| Issues | Maturity Date | Principal Amount | Value | Issues | Maturity Date | Principal Amount | Value |
| --- | --- | --- | --- | --- | --- | --- | --- |
| ASSET-BACKED SECURITIES (continued) |  |  |  | ASSET-BACKED SECURITIES (continued) |  |  |  |
| (Cashmullings) CLO Ltd., (Cayman Islands) 10/17/34 1,2,3 |  | 185,000 | 180,451 | Series 2021-1A, Class SUB | 4,459,000 |  | 297,277 |
| Aimco CMA Ltd., Securities & L.P. Class SUB | 04/15/31 1,2,3 | $675,000 | $296,999 | Series 2022-72A, Class SUB | 4/20/34 1,2,3 | $625,000 | $399,714 |

December 2022 / 2

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)[{"box_2d": [26, 69, 707, 158], "label": "table", "caption": "

| Industry | Principal | Industry | Principal |
| --- | --- | --- | --- |
| 8,041,000 | 600,000 | 600,000 | 600,000 |
| ASSET BACKER SECURITIES (continued) |  |  |  |
| Section 2001-1A (CMA 2001) |  |  |  |
| (CMA 2001) |  |  |  |
| (CMA 2001) |  |  |  |
| (CMA 2001) |  |  |  |
| (CMA 2001) |  |  |  |
| (CMA 2001) |  |  |  |
| (CMA 2001) |  |  |  |
| (CMA 2001) |  |  |  |
| (CMA 2001) |  |  |  |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |
| (CMA 2001) | 472,529 | 472,529 |
| (CMA 2001) |  |  |
| (CMA 2001) |  |  |
| (CMA 2001) |  |  |
| (CMA 2001) |  |  |
| (CMA 2001) |  |  |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |
| (CMA 2001) | 472,529 | 472,529 |
| (CMA 2001) |  |  |
| (CMA 2001) |  |  |
| (CMA 2001) |  |  |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |
| (CMA 2001) | 472,529 | 472,529 |
| (CMA 2001) |  |  |
| (CMA 2001) |  |  |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |
| (CMA 2001) | 472,529 | 472,529 |
| (CMA 2001) |  |  |
| (CMA 2001) |  |  |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |
| (CMA 2001) | 472,529 | 472,529 |
| (CMA 2001) |  |  |
| (CMA 2001) |  |  |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |
| (CMA 2001) | 472,529 | 472,529 |
| (CMA 2001) |  |  |
| (CMA 2001) |  |  |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |
| (CMA 2001) | 472,529 | 472,529 |
| (CMA 2001) |  |  |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |
| (CMA 2001) | 472,529 | 472,529 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |
| (CMA 2001) | 472,529 | 472,529 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |
| (CMA 2001) | 472,529 | 472,529 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |
| (CMA 2001) | 472,529 | 472,529 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |
| (CMA 2001) | 472,529 | 472,529 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |
| (CMA 2001) | 472,529 | 472,529 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |
| (CMA 2001) | 472,529 | 472,529 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |
| (CMA 2001) | 472,529 | 472,529 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |
| (CMA 2001) | 472,529 | 472,529 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |
| (CMA 2001) | 472,529 | 472,529 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |
| (CMA 2001) | 472,529 | 472,529 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |
| (CMA 2001) | 472,529 | 472,529 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | 472,529 | 472,529 |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| Industry | Principal | Industry |
| --- | --- | --- |
| (CMA 2001) | 600,000 | 600,000 |

| (CMA 2001) | 472,529 | 472,529 |
| --- | --- | --- |

| (CMA 2001) | 600,000 | 600,000 |
| --- | --- | --- |

| (CMA 2001) | 472,529 | 472,529 |
| --- | --- | --- |

| (CMA 2001) | 600,000 | 600,000 |
| --- | --- | --- |

| (CMA 2001) | 472,529 | 472,529 |
| --- | --- | --- |

| (CMA 2001) | 600,000 | 600,000 |
| --- | --- | --- |

| (CMA 2001) | 472,529 | 472,529 |
| --- | --- | --- |

| (CMA 2001) | 600,000 | 600,000 |
| --- | --- | --- |

| (CMA 2001) | 472,529 | 472,529 |
| --- | --- | --- |

| (CMA 2001) | 600,000 | 600,000 |
| --- | --- | --- |

| (CMA 2001) | 472,529 | 472,529 |
| --- | --- | --- |

| (CMA 2001) | 600,000 | 600,000 |
| --- | --- | --- |
| (CMA 2001) | 472,529 | 472,529 |
| (CMA 2001) | 600,000 | 600,000 |

$</td></tr></table>$</td><td>$</td></tr></table>$</td><td>$</td></tr></table>$</td><td>$</td></tr></table>$</td><td>$</td><td>$</td><td>$</td><td>$</td><td>$</td><td>$</td><td>$</td><td>$</td><td>$</td><td>$</td></tr></table>"

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)

| Industry | Principal | Industry | Principal |
| --- | --- | --- | --- |
| Corporate Stock (CBD) Ltd. | 605,000 | 576,927 | Corporate Stock (CBD) Ltd. |
| Corporate Stock (CBD) Ltd. | 975,000 | 731,811 | Corporate Stock (CBD) Ltd. |
| Corporate Stock (CBD) Ltd. | 42,233 | 36,616 | Corporate Stock (CBD) Ltd. |
| Corporate Stock (CBD) Ltd. | 635,000 | 594,768 | Corporate Stock (CBD) Ltd. |
| Corporate Stock (CBD) Ltd. | 628,324 | 545,468 | Corporate Stock (CBD) Ltd. |
| Corporate Stock (CBD) Ltd. | 600,000 | 568,696 | Corporate Stock (CBD) Ltd. |
| Corporate Stock (CBD) Ltd. | $600,000 | $568,696 | Corporate Stock (CBD) Ltd. |

# Flexible Income Fund

December 2022 / 4

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)

| Industry | Principal | Industry | Principal |
| --- | --- | --- | --- |
| General Electric Power (1) 1,000,000 | 1,000,000 | 984,570 | 1,211,000 |
| General Electric Power (2) 1,000,000 | 250,000 | 240,700 | 244,924 |
| General Electric Power (3) 1,000,000 | 250,000 | 240,700 | 1,288,000 |
| General Electric Power (4) 1,000,000 | 250,000 | 240,700 | 1,288,000 |
| General Electric Power (5) 1,000,000 | 250,000 | 240,700 | 1,288,000 |
| General Electric Power (6) 1,000,000 | 250,000 | 240,700 | 1,288,000 |
| General Electric Power (7) 1,000,000 | 250,000 | 240,700 | 1,288,000 |
| General Electric Power (8) 1,000,000 | 250,000 | 240,700 | 1,288,000 |

# Flexible Income Fund

![img-0.jpeg](img-0.jpeg)

5 / December 2022

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)

| Industry | Principal | Industry | Principal |
| --- | --- | --- | --- |
| General Motors, Inc. Ltd. Ltd. | 275,000 | 265,568 | General Motors, Inc. Ltd. (Luxembourg) |
| General Motors, Inc. Ltd. (Luxembourg) | 630,000 | 608,048 | General Motors, Inc. Ltd. (Luxembourg) |
| General Motors, Inc. Ltd. (Luxembourg) | 1,500 | 338,778 | General Motors, Inc. Ltd. (Luxembourg) |
| General Motors, Inc. Ltd. (Luxembourg) | 395,000 | 345,918 | General Motors, Inc. Ltd. (Luxembourg) |
| General Motors, Inc. Ltd. (Luxembourg) | $410,000 | $243,424 | General Motors, Inc. Ltd. (Luxembourg) |

# Flexible Income Fund

![img-1.jpeg](img-1.jpeg)

December 2022 / 6

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)

| Industry | Principal | Industry | Principal |
| --- | --- | --- | --- |
| Cash & Cash Equivalents, Inc. (CLO 40 Ltd.) | 230,000 | 218,616 | Cash & Cash Equivalents, Inc. (CLO 40 Ltd.) |
| Cash & Cash Equivalents, Inc. (CLO 40 Ltd.) | 235,888 | 245,098 | Cash & Cash Equivalents, Inc. (CLO 40 Ltd.) |
| Cash & Cash Equivalents, Inc. (CLO 40 Ltd.) | 40,000 | 41,000 | Cash & Cash Equivalents, Inc. (CLO 40 Ltd.) |
| Cash & Cash Equivalents, Inc. (CLO 40 Ltd.) | 235,000 | 245,000 | Cash & Cash Equivalents, Inc. (CLO 40 Ltd.) |
| Cash & Cash Equivalents, Inc. (CLO 40 Ltd.) | 5,000,000 | 5,000,000 | Cash & Cash Equivalents, Inc. (CLO 40 Ltd.) |
| Cash & Cash Equivalents, Inc. (CLO 40 Ltd.) | 275,000 | 285,100 | Cash & Cash Equivalents, Inc. (CLO 40 Ltd.) |
| Cash & Cash Equivalents, Inc. (CLO 40 Ltd.) | 570,000 | 440,317 | Cash & Cash Equivalents, Inc. (CLO 40 Ltd.) |

# Flexible Income Fund

7 / December 2022

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)

| Industry | Principal | Industry | Principal |
| --- | --- | --- | --- |
| Cash and cash equivalents | 200,000 | 200,000 | 200,000 |
| Cash and cash equivalents at end of year | 200,000 | 200,000 | 200,000 |
| Cash and cash equivalents at end of year | 200,000 | 200,000 | 200,000 |
| Cash and cash equivalents at end of year | 200,000 | 200,000 | 200,000 |
| Cash and cash equivalents at end of year | 200,000 | 200,000 | 200,000 |
| Cash and cash equivalents at end of year | $334,000 | $307,383 | $307,383 |
| Cash and cash equivalents at end of year | 200,000 | 200,000 | 200,000 |
| Cash and cash equivalents at end of year | 700,000 | 618,845 | 697,830 |

# Flexible Income Fund

December 2022 / 8

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)

| Industry | Principal | Industry | Principal |
| --- | --- | --- | --- |
| Corporate 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59, 60, 61, 62, 63, 64, 65, 66, 67, 68, 69, 70, 71, 72, 73, 74, 75, 76, 77, 78, 79, 80, 81, 82, 83, 84, 85, 86, 87, 88, 89, 90, 91, 92, 93, 94, 95, 96, 97, 98, 99, 100, 101, 102, 103, 104, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 115, 116, 117, 118, 119, 120, 121, 122, 123, 124, 125, 126, 127, 128, 129, 130, 131, 132, 133, 134, 135, 136, 137, 138, 139, 140, 141, 142, 143, 144, 145, 146, 147, 148, 149, 150, 151, 152, 153, 154, 155, 156, 157, 158, 159, 160, 161, 162, 163, 164, 165, 166, 167, 168, 169, 170, 171, 172, 173, 174, 175, 176, 177, 178, 179, 180, 181, 182, 183, 184, 185, 186, 187, 188, 189, 190, 191, 192, 193, 194, 195, 196, 197, 198, 199, 200, 201, 202, 203, 204, 205, 206, 207, 208, 209, 210, 211, 212, 213, 214, 215, 216, 217, 218, 219, 220, 221, 222, 223, 224, 225, 226, 227, 228, 229, 230, 231, 232, 233, 234, 235, 236, 237, 238, 239, 240, 241, 242, 243, 244, 245, 246, 247, 248, 249, 250, 251, 252, 253, 254, 255, 256, 257, 258, 259, 260, 261, 262, 263, 264, 265, 266, 267, 268, 269, 270, 271, 272, 273, 274, 275, 276, 277, 278, 279, 280, 281, 282, 283, 284, 285, 286, 287, 288, 289, 290, 291, 292, 293, 294, 295, 296, 297, 298, 299, 300, 301, 302, 303, 304, 305, 306, 307, 308, 309, 310, 311, 312, 313, 314, 315, 316, 317, 318, 319, 320, 321, 322, 323, 324, 325, 326, 327, 328, 329, 330, 331, 332, 333, 334, 335, 336, 337, 338, 339, 340, 341, 342, 343, 344, 345, 346, 347, 348, 349, 350, 351, 352, 353, 354, 355, 356, 357, 358, 359, 360, 361, 362, 363, 364, 365, 366, 367, 368, 369, 370, 371, 372, 373, 374, 375, 376, 377, 378, 379, 380, 381, 382, 383, 384, 385, 386, 387, 388, 389, 390, 391, 392, 393, 394, 395, 396, 397, 398, 399, 400, 401, 402, 403, 404, 405, 406, 407, 408, 409, 410, 411, 412, 413, 414, 415, 416, 417, 418, 419, 420, 421, 422, 423, 424, 425, 426, 427, 428, 429, 430, 431, 432, 433, 434, 435, 436, 437, 438, 439, 440, 441, 442, 443, 444, 445, 446, 447, 448, 449, 450, 451, 452, 453, 454, 455, 456, 457, 458, 459, 460, 461, 462, 463, 464, 465, 466, 467, 468, 469, 470, 471, 472, 473, 474, 475, 476, 477, 478, 479, 480, 481, 482, 483, 484, 485, 486, 487, 488, 489, 490, 491, 492, 493, 494, 495, 496, 497, 498, 499, 500, 501, 502, 503, 504, 505, 506, 507, 508, 509, 510, 511, 512, 513, 514, 515, 516, 517, 518, 519, 520, 521, 522, 523, 524, 525, 526, 527, 528, 529, 530, 531, 532, 533, 534, 535, 536, 537, 538, 539, 540, 541, 542, 543, 544, 545, 546, 547, 548, 549, 550, 551, 552, 553, 554, 555, 556, 557, 558, 559, 560, 561, 562, 563, 564, 565, 566, 567, 568, 569, 570, 571, 572, 573, 574, 575, 576, 577, 578, 579, 580, 581, 582, 583, 584, 585, 586, 587, 588, 589, 590, 591, 592, 593, 594, 595, 596, 597, 598, 599, 600, 601, 602, 603, 604, 605, 606, 607, 608, 609, 610, 611, 612, 613, 614, 615, 616, 617, 618, 619, 620, 621, 622, 623, 624, 625, 626, 627, 628, 629, 630, 631, 632, 633, 634, 635, 636, 637, 638, 639, 640, 641, 642, 643, 644, 645, 646, 647, 648, 649, 650, 651, 652, 653, 654, 655, 656, 657, 658, 659, 660, 661, 662, 663, 664, 665, 666, 667, 668, 669, 670, 671, 672, 673, 674, 675, 676, 677, 678, 679, 680, 681, 682, 683, 684, 685, 686, 687, 688, 689, 690, 691, 692, 693, 694, 695, 696, 697, 698, 699, 700, 701, 702, 703, 704, 705, 706, 707, 708, 709, 710, 711, 712, 713, 714, 715, 716, 717, 718, 719, 720, 721, 722, 723, 724, 725, 726, 727, 728, 729, 730, 731, 732, 733, 734, 735, 736, 737, 738, 739, 740, 741, 742, 743, 744, 745, 746, 747, 748, 749, 750, 751, 752, 753, 754, 755, 756, 757, 758, 759, 760, 761, 762, 763, 764, 765, 766, 767, 768, 769, 770, 771, 772, 773, 774, 775, 776, 777, 778, 779, 780, 781, 782, 783, 784, 785, 786, 787, 788, 789, 790, 791, 792, 793, 794, 795, 796, 797, 798, 799, 800, 801, 802, 803, 804, 805, 806, 807, 808, 809, 810, 811, 812, 813, 814, 815, 816, 817, 818, 819, 820, 821, 822, 823, 824, 825, 826, 827, 828, 829, 830, 831, 832, 833, 834, 835, 836, 837, 838, 839, 840, 841, 842, 843, 844, 845, 846, 847, 848, 849, 850, 851, 852, 853, 854, 855, 856, 857, 858, 859, 860, 861, 862, 863, 864, 865, 866, 867, 868, 869, 870, 871, 872, 873, 874, 875, 876, 877, 878, 879, 880, 881, 882, 883, 884, 885, 886, 887, 888, 889, 890, 891, 892, 893, 894, 895, 896, 897, 898, 899, 900, 901, 902, 903, 904, 905, 906, 907, 908, 909, 910, 911, 912, 913, 914, 915, 916, 917, 918, 919, 920, 921, 922, 923, 924, 925, 926, 927, 928, 929, 930, 931, 932, 933, 934, 935, 936, 937, 938, 939, 940, 941, 942, 943, 944, 945, 946, 947, 948, 949, 950, 951, 952, 953, 954, 955, 956, 957, 958, 959, 960, 961, 962, 963, 964, 965, 966, 967, 968, 969, 970, 971, 972, 973, 974, 975, 976, 977, 978, 979, 980, 981, 982, 983, 984, 985, 986, 987, 988, 989, 990, 991, 992, 993, 994, 995, 996, 997, 998, 999, 1000 |  |  |  |

# Flexible Income Fund

9 / December 2022

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)[{"box_2d": [26, 69, 707, 153], "label": "table", "caption": "

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

|  | Quantity | Principal |  |  | Quantity | Principal |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate | 08/15/22 | 200,000 | 10,569,995 | 6,000 | 11/15/22 | 240,000 | 11,569,995 |

<table><thead><tr><th></th><th>Quantity</th><th>Principal</th><th></th><th></th><th>Quantity</th><th>Principal</th><th></th></

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)

| Industry | Principal | Industry | Principal |
| --- | --- | --- | --- |
| General Reserve (1) 2022 | 100,000 | 100,000 | General Reserve (1) 2022 |
| General Reserve (2) 2022 | 100,000 | 100,000 | General Reserve (2) 2022 |
| General Reserve (3) 2022 | 100,000 | 100,000 | General Reserve (3) 2022 |
| General Reserve (4) 2022 | 100,000 | 100,000 | General Reserve (4) 2022 |
| General Reserve (5) 2022 | 100,000 | 100,000 | General Reserve (5) 2022 |
| General Reserve (6) 2022 | 100,000 | 100,000 | General Reserve (6) 2022 |
| General Reserve (7) 2022 | 100,000 | 100,000 | General Reserve (7) 2022 |
| General Reserve (8) 2022 | 100,000 | 100,000 | General Reserve (8) 2022 |
| General Reserve (9) 2022 | 100,000 | 100,000 | General Reserve (9) 2022 |
| General Reserve (10) 2022 | 100,000 | 100,000 | General Reserve (10) 2022 |

# Flexible Income Fund

11/ December 2022

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)[{"box_2d": [26, 69, 707, 153], "label": "table", "caption": "

| Industry | Principal | Industry | Principal |
| --- | --- | --- | --- |
| US$8,000 | 100,000 | 100,000 | 100,000 |
| US$8,000 | 100,000 | 100,000 | 100,000 |
| US$8,000 | 100,000 | 100,000 | 100,000 |
| US$8,000 | 100,000 | 100,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |
| US$8,000 | 100,000 |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |
| US$8,000 | 100,000 |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |
| US$8,000 | 100,000 |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |
| US$8,000 | 100,000 |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |
| US$8,000 | 100,000 |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |
| US$8,000 | 100,000 |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |
| US$8,000 | 100,000 |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |
| US$8,000 | 100,000 |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |
| US$8,000 | 100,000 |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |
| US$8,000 | 100,000 |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |
| US$8,000 | 100,000 |

| Industry | Principal |
| --- | --- |

| US$8,000 | 100,000 |
| --- | --- |

</table>

| Industry | Principal |
| --- | --- |

| US$8,000 | 100,000 |
| --- | --- |

</table>

| Industry | Principal |
| --- | --- |

| US$8,000 | 100,000 |
| --- | --- |

</table>

| Industry | Principal |
| --- | --- |

| US$8,000 | 100,000 |
| --- | --- |

</table>

| Industry | Principal |
| --- | --- |

<tr><td>US$8,000</td><td>100,000</td></tr></table></table>

| Industry | Principal |
| --- | --- |

<tr><td>US$8,000</td><td>100,000</td></tr></table></table>

| Industry | Principal |
| --- | --- |

<tr><td>US$8,000</td><td>100,000</td></tr></table></table>

| Industry | Principal |
| --- | --- |

<tr><td>US$8,000</td><td>100,000</td></tr></table></table>

| Industry | Principal |
| --- | --- |

<tr><td>US$8,000</td><td>100,000</td></tr></table></table>

| Industry | Principal |
| --- | --- |

<tr><td>US$8,000</td><td>100,000</td></tr></table></table>

| Industry | Principal |
| --- | --- |

<tr><td>US$8,000</td><td>100,000</td></tr></table></table>

| Industry | Principal |
| --- | --- |

<tr><td>US$8,000</td><td>100,000</td></tr></table></table>

| Industry | Principal |
| --- | --- |

<tr><td>US$8,000</td><td>100,000</td></tr></table></table>

| Industry | Principal |
| --- | --- |

<tr><td>US$8,000</td><td>100,000</td></tr></table></table>

| Industry | Principal |
| --- | --- |

<tr><td>US$8,000</td><td>100,000</td></tr></table></table>

| Industry | Principal |
| --- | --- |

<tr><td>US$8,000</td><td>100,000</td></tr></table></table>

| Industry | Principal |
| --- | --- |

<tr><td>US$8,000</td><td>100,000</td></tr></table></table>

| Industry | Principal |
| --- | --- |

<tr><td>US$8,000</td><td>100,000</td></tr></table></table>

| Industry | Principal |
| --- | --- |

<tr><td>US$8,000</td><td>100,000</td></tr></table></table>

| Industry | Principal |
| --- | --- |

<tr><td>US$8,000</td><td>100,000</td></tr></table></table>

| Industry | Principal |
| --- | --- |

<tr><td>US$8,000</td><td>100,000</td></tr></table></table>

| Industry | Principal |
| --- | --- |

<tr><td>US$8,000</td><td>100,000</td></tr></table></table>

| Industry | Principal |
| --- | --- |

<tr><td>US$8,000</td><td>100,000</td></tr></table></table>

| Industry | Principal |
| --- | --- |

<tr><td>US$8,000</td><td>100,000</td></tr></table></table>

| Industry | Principal |
| --- | --- |

<tr><td>US$8,000</td><td>100,000</td></tr></table></table>

| Industry | Principal |
| --- | --- |

<tr><td>US$8,000</td><td>100,000</td></tr></table></table>

| Industry | Principal |
| --- | --- |

<tr><td>US$8,000</td><td>100,000</td></tr></table></table>

| Industry | Principal |
| --- | --- |

<tr><td>US$8,000</td><td>100,000</td></tr></table></table>

| Industry | Principal |
| --- | --- |

<tr><td>US$8,000</td><td>100,000</td></tr></table></table></table>

| Industry | Principal |
| --- | --- |

<tr><td>US$8,000</td><td>100,000</td></tr></table></table></table>

| Industry | Principal |
| --- | --- |

<tr><td>US$8,000</td><td>100,000</td></tr></table></table></table><tr><td>US$8,000</td><td>100,000</td></tr></table></table></table><tr><td>US$8,000</td><td>100,000</td></tr></table></table></table><tr><td>US$8,000</td><td>100,000</td></tr></table></table></table><tr><td>US$8,000</td><td>100,000</td></tr></table></table></table>"

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund

# Flexible Income Fund[{"box_2d": [279, 515, 449, 530], "label": "title", "caption": "# Flexible Income

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)

| Industry | Principal | Industry | Principal |
| --- | --- | --- | --- |
| Cash & Cash Equivalents | 600,000 | 603,280 | Cash & Cash Equivalents |
| Cash & Cash Equivalents (Unfunded) | 800,000 | 773,888 | Cash & Cash Equivalents (Unfunded) |
| Cash & Cash Equivalents (Unfunded) | 20,000 | 21,272 | Cash & Cash Equivalents (Unfunded) |
| Cash & Cash Equivalents (Unfunded) | 3,161,867 | 3,161,867 | Cash & Cash Equivalents (Unfunded) |
| Cash & Cash Equivalents (Unfunded) | 215,000 | 212,975 | Cash & Cash Equivalents (Unfunded) |
| Cash & Cash Equivalents (Unfunded) | 100,000 | 112,111 | Cash & Cash Equivalents (Unfunded) |
| Cash & Cash Equivalents (Unfunded) | 200,000 | 200,000 | Cash & Cash Equivalents (Unfunded) |
| Cash & Cash Equivalents (Unfunded) | 400,000 | 400,000 | Cash & Cash Equivalents (Unfunded) |
| Cash & Cash Equivalents (Unfunded) | 895,000 | 862,895 | Cash & Cash Equivalents (Unfunded) |

# Flexible Income Fund

13 / December 2022

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)[{"box_2d": [26, 69, 707, 153], "label": "table", "caption": "

| Industry | Principal | Industry | Principal |
| --- | --- | --- | --- |
| Corporate Value | 1,000,000 | Corporate Value | 1,000,000 |
| Corporate Value | 300,000 | Corporate Value | 300,000 |
| Corporate Value | 300,000 | Corporate Value | 300,000 |
| Corporate Value | 300,000 | Corporate Value | 300,000 |
| Corporate Value | 300,000 | Corporate Value | 300,000 |
| Corporate Value | 300,000 | Corporate Value | 300,000 |

| Industry | Principal |  |  |
| --- | --- | --- | --- |
| Corporate Value | 1,000,000 |  |  |
| Corporate Value | 300,000 |  |  |
| Corporate Value | 300,000 | Corporate Value | 300,000 |

| Industry | Principal |  |  |
| --- | --- | --- | --- |
| Corporate Value | 1,000,000 |  |  |
| Corporate Value | 300,000 |  |  |
| Corporate Value | 300,000 | Corporate Value | 300,000 |

| Industry | Principal |  |  |
| --- | --- | --- | --- |
| Corporate Value | 1,000,000 |  |  |
| Corporate Value | 300,000 |  |  |
| Corporate Value | 300,000 | Corporate Value | 300,000 |

| Industry | Principal |  |  |
| --- | --- | --- | --- |
| Corporate Value | 1,000,000 |  |  |
| Corporate Value | 300,000 |  |  |
| Corporate Value | 300,000 | Corporate Value | 300,000 |

| Industry | Principal |  |  |
| --- | --- | --- | --- |
| Corporate Value | 1,000,000 |  |  |
| Corporate Value | 300,000 |  |  |
| Corporate Value | 300,000 | Corporate Value | 300,000 |

| Industry | Principal |  |  |
| --- | --- | --- | --- |
| Corporate Value | 1,000,000 |  |  |
| Corporate Value | 300,000 |  |  |
| Corporate Value | 300,000 | Corporate Value | 300,000 |

| Industry | Principal |  |  |
| --- | --- | --- | --- |
| Corporate Value | 1,000,000 |  |  |
| Corporate Value | 300,000 |  |  |
| Corporate Value | 300,000 | Corporate Value | 300,000 |

| Industry | Principal |  |  |
| --- | --- | --- | --- |
| Corporate Value | 1,000,000 |  |  |
| Corporate Value | 300,000 |  |  |
| Corporate Value | 300,000 | Corporate Value | 300,000 |

| Industry | Principal |  |  |
| --- | --- | --- | --- |
| Corporate Value | 1,000,000 |  |  |
| Corporate Value | 300,000 |  |  |
| Corporate Value | 300,000 | Corporate Value | 300,000 |

| Industry | Principal |  |  |
| --- | --- | --- | --- |
| Corporate Value | 1,000,000 |  |  |
| Corporate Value | 300,000 |  |  |
| Corporate Value | 300,000 | Corporate Value | 300,000 |

| Industry | Principal |  |  |
| --- | --- | --- | --- |
| Corporate Value | 1,000,000 |  |  |
| Corporate Value | 300,000 |  |  |
| Corporate Value | 300,000 | Corporate Value | 300,000 |

| Industry | Principal |  |  |
| --- | --- | --- | --- |
| Corporate Value | 1,000,000 |  |  |
| Corporate Value | 300,000 |  |  |
| Corporate Value | 300,000 | Corporate Value | 300,000 |

| Industry | Principal |  |  |
| --- | --- | --- | --- |
| Corporate Value | 1,000,000 |  |  |
| Corporate Value | 300,000 |  |  |
| Corporate Value | 300,000 | Corporate Value | 300,000 |

| Industry | Principal |  |  |
| --- | --- | --- | --- |
| Corporate Value | 1,000,000 |  |  |
| Corporate Value | 300,000 |  |  |
| Corporate Value | 300,000 | Corporate Value | 300,000 |

| Industry | Principal |  |  |
| --- | --- | --- | --- |
| Corporate Value | 1,000,000 |  |  |
| Corporate Value | 300,000 |  |  |
| Corporate Value | 300,000 | Corporate Value | 300,000 |

| Industry | Principal |  |  |
| --- | --- | --- | --- |
| Corporate Value | 1,000,000 |  |  |
| Corporate Value | 300,000 |  |  |
| Corporate Value | 300,000 | Corporate Value | 300,000 |

| Industry | Principal |  |  |
| --- | --- | --- | --- |
| Corporate Value | 1,000,000 |  |  |
| Corporate Value | 300,000 |  |  |
| Corporate Value | 300,000 | Corporate Value | 300,000 |

| Industry | Principal |  |  |
| --- | --- | --- | --- |
| Corporate Value | 1,000,000 |  |  |
| Corporate Value | 300,000 |  |  |
| Corporate Value | 300,000 | Corporate Value | 300,000 |

| Industry | Principal |  |  |
| --- | --- | --- | --- |
| Corporate Value | 1,000,000 |  |  |
| Corporate Value | 300,000 |  |  |
| Corporate Value | 300,000 | Corporate Value | 300,000 |

| Industry | Principal |  |  |
| --- | --- | --- | --- |
| Corporate Value | 1,000,000 |  |  |
| Corporate Value | 300,000 |  |  |
| Corporate Value | 300,000 | Corporate Value | 300,000 |

| Industry | Principal |  |  |
| --- | --- | --- | --- |
| Corporate Value | 1,000,000 |  |  |
| Corporate Value | 300,000 |  |  |
| Corporate Value | 300,000 | Corporate Value | 300,000 |

| Industry | Principal |  |  |
| --- | --- | --- | --- |
| Corporate Value | 1,000,000 |  |  |
| Corporate Value | 300,000 |  |  |
| Corporate Value | 300,000 | Corporate Value | 300,000 |

| Industry | Principal |  |  |
| --- | --- | --- | --- |
| Corporate Value | 1,000,000 |  |  |
| Corporate Value | 300,000 |  |  |
| Corporate Value | 300,000 | Corporate Value | 300,000 |

| Industry | Principal |  |  |
| --- | --- | --- | --- |
| Corporate Value | 1,000,000 |  |  |
| Corporate Value | 300,000 |  |  |
| Corporate Value | 300,000 | Corporate Value | 300,000 |

| Industry | Principal |  |  |
| --- | --- | --- | --- |
| Corporate Value | 1,000,000 |  |  |
| Corporate Value | 300,000 |  |  |
| Corporate Value | 300,000 | Corporate Value | 300,000 |

| Industry | Principal |  |  |
| --- | --- | --- | --- |
| Corporate Value | 1,000,000 |  |  |
| Corporate Value | 300,000 |  |  |
| Corporate Value | 300,000 | Corporate Value | 300,000 |

| Industry | Principal |  |  |
| --- | --- | --- | --- |
| Corporate Value | 1,000,000 |  |  |
| Corporate Value | 300,000 |  |  |
| Corporate Value | 300,000 | Corporate Value | 300,000 |

| Industry | Principal |  |  |
| --- | --- | --- | --- |
| Corporate Value | 1,000,000 |  |  |
| Corporate Value | 300,000 |  |  |
| Corporate Value | 300,000 | Corporate Value | 300,000 |

| Industry | Principal |  |  |
| --- | --- | --- | --- |
| Corporate Value | 1,000,000 |  |  |
| Corporate Value | 300,000 |  |  |
| Corporate Value | 300,000 | Corporate Value | 300,000 |

| Industry | Principal |  |  |
| --- | --- | --- | --- |
| Corporate Value | 1,000,000 |  |  |
| Corporate Value | 300,000 |  |  |
| Corporate Value | 300,000 | Corporate Value | 300,000 |

| Industry | Principal |  |  |
| --- | --- | --- | --- |
| Corporate Value | 1,000,000 |  |  |
| Corporate Value | 300,000 |  |  |
| Corporate Value | 300,000 | Corporate Value | 300,000 |

| Industry | Principal |  |  |
| --- | --- | --- | --- |
| Corporate Value | 1,000,000 |  |  |
| Corporate Value | 300,000 |  |  |
| Corporate Value | 300,000 | Corporate Value | 300,000 |

| Industry | Principal |  |  |
| --- | --- | --- | --- |
| Corporate Value | 1,000,000 |  |  |
| Corporate Value | 300,000 |  |  |
| Corporate Value | 300,000 | Corporate Value | 300,000 |

| Industry | Principal |  |  |
| --- | --- | --- | --- |
| Corporate Value | 1,000,000 |  |  |
| Corporate Value | 300,000 |  |  |
| Corporate Value | 300,000 | Corporate Value | 300,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |
| Corporate Value | 300,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |
| Corporate Value | 300,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |
| Corporate Value | 300,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |
| Corporate Value | 300,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |
| Corporate Value | 300,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |
| Corporate Value | 300,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |
| Corporate Value | 300,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |
| Corporate Value | 300,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |
| Corporate Value | 300,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |
| Corporate Value | 300,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |
| Corporate Value | 300,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |
| Corporate Value | 300,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |
| Corporate Value | 300,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |
| Corporate Value | 300,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |
| Corporate Value | 300,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |
| Corporate Value | 300,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |
| Corporate Value | 300,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |
| Corporate Value | 300,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |
| Corporate Value | 300,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |
| Corporate Value | 300,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |
| Corporate Value | 300,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |
| Corporate Value | 300,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |
| Corporate Value | 300,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |

| Corporate Value | 1,000,000 |
| --- | --- |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |

| Corporate Value | 1,000,000 |
| --- | --- |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |

<tr><td>Corporate Value</td><td>1,000,000</td></tr></table>

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Corporate Value | 1,000,000 |

| Industry | Principal |
| --- | --- |

<tr><td>Corporate Value</td><td>1,000,000</td></tr></table>

| Industry | Principal |
| --- | --- |

| Corporate Value | 1,000,000 |
| --- | --- |

| Industry | Principal |
| --- | --- |

| Corporate Value | 1,000,000 |
| --- | --- |

| Industry | Principal |
| --- | --- |

<tr><td>Corporate Value</td><td>1,000,000</td></tr></table>

| Industry | Principal |
| --- | --- |

<tr><td>Corporate Value</td><td>1,000,000</td></tr></table>

| Industry | Principal |
| --- | --- |

<tr><td>Corporate Value</td><td>1,000,000</td></tr></table>"

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)

| Industry | Principal | Industry | Principal |
| --- | --- | --- | --- |
| General Industry Bank of India (Cash Bond) | 2,132,278 | 1,174,924 | General Industry Bank of India (Cash Bond) |
| General Industry Bank of India (Cash Bond) | 200,000 | 150,000 | General Industry Bank of India (Cash Bond) |
| General Industry Bank of India (Cash Bond) | 200,000 | 150,000 | General Industry Bank of India (Cash Bond) |
| General Industry Bank of India (Cash Bond) | 200,000 | 150,000 | General Industry Bank of India (Cash Bond) |
| General Industry Bank of India (Cash Bond) | 200,000 | 150,000 | General Industry Bank of India (Cash Bond) |
| General Industry Bank of India (Cash Bond) | 200,000 | 150,000 | General Industry Bank of India (Cash Bond) |
| General Industry Bank of India (Cash Bond) | 200,000 | 150,000 | General Industry Bank of India (Cash Bond) |

| Industry | Principal |
| --- | --- |
| General Industry Bank of India (Cash Bond) | 1,100,000 |
| General Industry Bank of India (Cash Bond) | 1,100,000 |
| General Industry Bank of India (Cash Bond) | 1,100,000 |
| General Industry Bank of India (Cash Bond) | 1,100,000 |
| General Industry Bank of India (Cash Bond) | 1,100,000 |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

</table>

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

</table>

| General Industry Bank of India (Cash Bond) | 1,100,000 |
| --- | --- |

# Flexible Income Fund

15 / December 2022

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)

| Industry | Principal | Industry | Principal |
| --- | --- | --- | --- |
| General 2022-2023 Class 2022 | 11,000,000 | 2,000,000 | 2,000,000 |
| General 2022-2023 Class 2022 | 32,000,000 | 2,000,000 | 2,000,000 |
| General 2022-2023 Class 2022 (continued) | 170,000 | 125,625 | 200,000 |
| General 2022-2023 Class 2022 | 500,000 | 345,450 | 600,000 |
| General 2022-2023 Class 2022 | 15,000,000 | 140,000 | 450,000 |
| General 2022-2023 Class 2022 | 170,000 | 145,000 | 1,000,000 |
| General 2022-2023 Class 2022 | 400,000 | 345,000 | 227,352 |

# Flexible Income Fund

December 2022 / 16

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)

| Industry | Principal | Industry | Principal |
| --- | --- | --- | --- |
| Total | $500,000 | Total | $500,000 |
| Total (Total) | 452,000 | Total (Total) | 16,000,000 |
| Total (Total) | $500,000 | Total (Total) | $500,000 |
| Total (Total) | $500,000 | Total (Total) | $500,000 |
| Total (Total) | $500,000 | Total (Total) | $500,000 |
| Total (Total) | $500,000 | Total (Total) | $500,000 |

| Industry | Principal |
| --- | --- |
| Total | $500,000 |
| Total (Total) | 16,000,000 |
| Total (Total) | $500,000 |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

| Total (Total) | $500,000 |
| --- | --- |

</table>

# Flexible Income Fund

17 / December 2022

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)

| Industry | Principal | Industry | Principal |
| --- | --- | --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 | Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 | Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 200,000 | Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 200,000 |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 200,000 | Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 200,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |
| Altem 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001, 0.001 | 1,000,000 |

| Industry | Principal |
| --- | --- |

# Flexible Income Fund

December 2022 / 18

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)

| Industry | Principal | Industry | Principal |
| --- | --- | --- | --- |
| 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 |
| 1,360,000 | 264,848 | 1,360,000 | 1,360,000 |
| 202,430 | 202,430 | 202,430 | 202,430 |
| 1,528,000 | 1,528,000 | 1,528,000 | 1,528,000 |
| $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

# Flexible Income Fund

19 / December 2022

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)

| Industry | Principal | Industry | Principal |
| --- | --- | --- | --- |
| Securities Trust, 540,488 | 48,599 | Securities Trust, 2,260 | 2,260 |
| Securities Trust, 6.34% C$8,798 | 263,829 | Securities Trust, 2,260 | 2,260 |
| Securities Trust, 4,383,501 | 503,998 | Securities Trust, 2,260 | 2,260 |
| Securities Trust, 1,252,472 | 849,000 | Securities Trust, 1,252,472 | 1,252,472 |
| Securities Trust, 1,252,472 | 286,803 | Securities Trust, 1,252,472 | 1,252,472 |
| Securities Trust, 1,252,472 | 1,252,472 | Securities Trust, 1,252,472 | 1,252,472 |
| Securities Trust, 1,252,472 | 1,252,472 | Securities Trust, 1,252,472 | 1,252,472 |

# Flexible Income Fund

December 2022 / 20

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)

| Industry | Principal | Industry | Principal |
| --- | --- | --- | --- |
| Current 2022-31, Class A 00/15, 2022 Risk Debit | 1,168,000 | Current 2022-31, Class A 00/15, 2022 Risk Debit | 1,168,000 |
| Current 2022-31, Class A 00/15, 2022 Risk Debit | 247,092 | Current 2022-31, Class A 00/15, 2022 Risk Debit | 247,092 |
| Current 2022-31, Class A 00/15, 2022 Risk Debit (continued) | 148,108 | Current 2022-31, Class A 00/15, 2022 Risk Debit | 148,108 |
| Current 2022-31, Class A 00/15, 2022 Risk Debit (continued) | 722,000 | Current 2022-31, Class A 00/15, 2022 Risk Debit | 722,000 |
| Current 2022-31, Class A 00/15, 2022 Risk Debit | 203,300 | Current 2022-31, Class A 00/15, 2022 Risk Debit | 203,300 |
| Current 2022-31, Class A 00/15, 2022 Risk Debit | 203,300 | Current 2022-31, Class A 00/15, 2022 Risk Debit | 203,300 |
| Current 2022-31, Class A 00/15, 2022 Risk Debit | 203,300 | Current 2022-31, Class A 00/15, 2022 Risk Debit | 203,300 |

# Flexible Income Fund

21 / December 2022

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)

| Industry | Principal | Industry | Principal |
| --- | --- | --- | --- |
| General (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) (24) (25) (26) (27) (28) (29) (30) (31) (32) (33) (34) (35) (36) (37) (38) (39) (40) (41) (42) (43) (44) (45) (46) (47) (48) (49) (50) (51) (52) (53) (54) (55) (56) (57) (58) (59) (60) (61) (62) (63) (64) (65) (66) (67) (68) (69) (70) (71) (72) (73) (74) (75) (76) (77) (78) (79) (80) (81) (82) (83) (84) (85) (86) (87) (88) (89) (90) (91) (92) (93) (94) (95) (96) (97) (98) (99) (100) | 17,388,000 | 748,000 | General (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) (24) (25) (26) (27) (28) (29) (30) (31) (32) (33) (34) (35) (36) (37) (38) (39) (40) (41) (42) (43) (44) (45) (46) (47) (48) (49) (50) (51) (52) (53) (54) (55) (56) (57) (58) (59) (60) (61) (62) (63) (64) (65) (66) (67) (68) (69) (70) (71) (72) (73) (74) (75) (76) (77) (78) (79) (80) (81) (82) (83) (84) (85) (86) (87) (88) (89) (90) (91) (92) (93) (94) (95) (96) (97) (98) (99) (100) |
| General (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) (24) (25) (26) (27) (28) (29) (30) (31) (32) (33) (34) (35) (36) (37) (38) (39) (40) (41) (42) (43) (44) (45) (46) (47) (48) (49) (50) (51) (52) (53) (54) (55) (56) (57) (58) (59) (60) (61) (62) (63) (64) (65) (66) (67) (68) (69) (70) (71) (72) (73) (74) (75) (76) (77) (78) (79) (80) (81) (82) (83) (84) (85) (86) (87) (88) (89) (90) (91) (92) (93) (94) (95) (96) (97) (98) (99) (100) | 15,000 | General (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) (24) (25) (26) (27) (28) (29) (30) (31) (32) (33) (34) (35) (36) (37) (38) (39) (40) (41) (42) (43) (44) (45) (46) (47) (48) (49) (50) (51) (52) (53) (54) (55) (56) (57) (58) (59) (60) (61) (62) (63) (64) (65) (66) (67) (68) (69) (70) (71) (72) (73) (74) (75) (76) (77) (78) (79) (80) (81) (82) (83) (84) (85) (86) (87) (88) (89) (90) (91) (92) (93) (94) (95) (96) (97) (98) (99) (100) | General (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) (24) (25) (26) (27) (28) (29) (30) (31) (32) (33) (34) (35) (36) (37) (38) (39) (40) (41) (42) (43) (44) (45) (46) (47) (48) (49) (50) (51) (52) (53) (54) (55) (56) (57) (58) (59) (60) (61) (62) (63) (64) (65) (66) (67) (68) (69) (70) (71) (72) (73) (74) (75) (76) (77) (78) (79) (80) (81) (82) (83) (84) (85) (86) (87) (88) (89) (90) (91) (92) (93) (94) (95) (96) (97) (98) (99) (100) |
| General (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) (24) (25) (26) (27) (28) (29) (30) (31) (32) (33) (34) (35) (36) (37) (38) (39) (40) (41) (42) (43) (44) (45) (46) (47) (48) (49) (50) (51) (52) (53) (54) (55) (56) (57) (58) (59) (60) (61) (62) (63) (64) (65) (66) (67) (68) (69) (70) (71) (72) (73) (74) (75) (76) (77) (78) (79) (80) (81) (82) (83) (84) (85) (86) (87) (88) (89) (90) (91) (92) (93) (94) (95) (96) (97) (98) (99) (100) | 17,388,000 | 748,000 | General (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) (24) (25) (26) (27) (28) (29) (30) (31) (32) (33) (34) (35) (36) (37) (38) (39) (40) (41) (42) (43) (44) (45) (46) (47) (48) (49) (50) (51) (52) (53) (54) (55) (56) (57) (58) (59) (60) (61) (62) (63) (64) (65) (66) (67) (68) (69) (70) (71) (72) (73) (74) (75) (76) (77) (78) (79) (80) (81) (82) (83) (84) (85) (86) (87) (88) (89) (90) (91) (92) (93) (94) (95) (96) (97) (98) (99) (100) |

# Flexible Income Fund

![img-0.jpeg](img-0.jpeg)

December 2022 / 22

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)

| Industry | Principal | Industry | Principal |
| --- | --- | --- | --- |
| General Electric Power & Power Supply | 3,400,449 | 100,300 | General Electric Power & Power Supply |
| General Electric Power & Power Supply | 4,200,000 | 120,000 | General Electric Power & Power Supply |
| General Electric Power & Power Supply | 4,200,000 | 120,000 | General Electric Power & Power Supply |
| General Electric Power & Power Supply | 4,200,000 | 120,000 | General Electric Power & Power Supply |
| General Electric Power & Power Supply | 4,200,000 | 120,000 | General Electric Power & Power Supply |
| General Electric Power & Power Supply | 4,200,000 | 120,000 | General Electric Power & Power Supply |

| Industry | Principal |
| --- | --- |
| General Electric Power & Power Supply | 100,000 |
| General Electric Power & Power Supply | 22,937 |
| General Electric Power & Power Supply | 1,333,000 |
| General Electric Power & Power Supply | 361,926 |
| General Electric Power & Power Supply | 18,000 |
| General Electric Power & Power Supply | 18,000 |
| General Electric Power & Power Supply | 423,000 |
| General Electric Power & Power Supply | 1,000,000 |

# Flexible Income Fund

23 / December 2022

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)

| Total Number of Portfolio Invoices, the Fund's Industry classifications refer to any one. | 10/31/22 | Global Medium Term Rate | 6,002,000 |
| --- | --- | --- | --- |
| Cash and cash equivalents at end of year of issue of 2022, as fully recognized by the Company's subsidiaries. | 10/31/22 | Cash and cash equivalents at end of year of issue of 2022, as fully recognized by the Company's subsidiaries. | 50,281,000 |
| Cash and cash equivalents at end of year of issue of 2022, as fully recognized by the Company's subsidiaries. | 10/31/22 | Cash and cash equivalents at end of year of issue of 2022, as fully recognized by the Company's subsidiaries. | 5,148,000 |
| Cash and cash equivalents at end of year of issue of 2022, as fully recognized by the Company's subsidiaries. | 10/31/22 | Cash and cash equivalents at end of year of issue of 2022, as fully recognized by the Company's subsidiaries. | 6,440,000 |
| Cash and cash equivalents at end of year of issue of 2022, as fully recognized by the Company's subsidiaries. | 10/31/22 | Cash and cash equivalents at end of year of issue of 2022, as fully recognized by the Company's subsidiaries. | 67,043,000 |
| Cash and cash equivalents at end of year of issue of 2022, as fully recognized by the Company's subsidiaries. | 10/31/22 | Cash and cash equivalents at end of year of issue of 2022, as fully recognized by the Company's subsidiaries. | 3,395,022 |
| Cash and cash equivalents at end of year of issue of 2022, as fully recognized by the Company's subsidiaries. | 10/31/22 | Cash and cash equivalents at end of year of issue of 2022, as fully recognized by the Company's subsidiaries. | 9,123,718 |
| Cash and cash equivalents at end of year of issue of 2022, as fully recognized by the Company's subsidiaries. | 10/31/22 | Cash and cash equivalents at end of year of issue of 2022, as fully recognized by the Company's subsidiaries. | 34,152,000 |

Flexible Income Fund

December 2022 / 24

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)

| General Notes | 468,988 | 368,342 | Net Cash | 48,490,488 |
| --- | --- | --- | --- | --- |
| General Notes (Net Cash) | 125,372 | 122,349 | Net Cash | (20,708) |
| General Notes (Net Cash) | 158,974 | 158,525 | Net Cash | (20,803) |
| General Notes (Net Cash) | 50,071 | 39,842 | Net Cash | 272,488,889 |
| General Notes (Net Cash) | 1,988,148 | 1,988,148 | Net Cash | 273,072,798 |
| General Notes (Net Cash) | 228,301 | 181,642 | Net Cash |  |
| General Notes (Net Cash) |  | 60,274,816 | Net Cash | 368,888 |
| General Notes (Net Cash) | 242,943 | 248,828 | Net Cash |  |

# Flexible Income Fund

# SIGNIFICANT ACCOUNTING POLICIES

25 / December 2022

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)

| U.S. Average Commercial Value Backed | USD 48,838 | USD 48,838 | US$2,808 |
| --- | --- | --- | --- |
| Bank of New York | USD 38,543 | USD 38,543 | US$2,808 |
| Commercial Bank of New York | 24,100 | 24,100 | US$2,808 |
| Bank of New York | 24,100 | 24,100 | US$2,808 |
| Bank of New York | 51,473 | 51,473 | US$2,808 |
| Bank of New York | 1,164 | 1,164 | US$2,808 |
| Bank of New York | 270,970 | 270,970 | US$2,808 |
| Bank of New York | 81,363 | 81,363 | US$2,808 |
| Bank of New York | 283,390 | 283,390 | US$2,808 |

![img-1.jpeg](img-1.jpeg)

![img-2.jpeg](img-2.jpeg)

Flexible Income Fund

December 2022 / 26

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)

| USD 652,109 | 1,154 | GBP 572,000 | Citibank N.A. | 01/13/23 | (36,223) |
| --- | --- | --- | --- | --- | --- |
| Barclay 2006 Accs. Class 4/5/54 | 363,649 | 1,271 | Barclay 2006 Accs. Class 4/5/54 | 31,793,854 | (36,223) |
| Barclay 2006 M2, Class X/7/10/25 | 248,510 | 151,236 | Barclay 2006 Accs. Class 4/5/54 | 1,238 | (36,223) |
| NET OPERATED DEPRECIATION | 100,468 | 909 | Barclay 2006 Accs. Class 4/5/54 | 1,238 | (36,223) |
| Total Public | 5,330,480 | 120,496 | Total Public | 5,330,480 | (36,223) |
| Barclay 2016-M4, Class X2 (I/O) | 3,754,265 | 3,754,265 | Barclay 2016 Accs. Class 4/5/54 | 3,754,265 | (36,223) |
| 2.67% | 538,357 | 8,496 | Barclay 2016 Accs. Class 4/5/54 | 8,496 | (36,223) |
| WARRANT - 0.00% |  |  | WARRANT - 0.00% |  |  |
| U.S. Treasury Mortgage Number 1-38-12 |  |  | U.S. Treasury Mortgage Number 1-38-12 |  |  |
| Total Number - 8,522 |  |  | Total Number - 8,522 |  |  |

![img-3.jpeg](img-3.jpeg)

# Flexible Income Fund

27 / December 2022

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)

| FUTURES CONTRACTS, LONG POSITIONS |  | 2022 | 2021 |
| --- | --- | --- | --- |
| Total | 1,064 | 1,064 | 1,064 |
| U.S. Dollars | 3,378 | 145 | 3,332 |
| Total Wages |  |  |  |
| Foreign |  |  |  |
| Total |  |  |  |
| U.S. Dollars |  |  |  |
| Total |  |  |  |
| U.S. Dollars |  |  |  |
| Total |  |  |  |
| U.S. Dollars |  |  |  |
| Total |  |  |  |
| U.S. Dollars |  |  |  |

| FLEXIBLE INCOME FUND |  |  |
| --- | --- | --- |
| U.S. Dollars | 84,711 | 78 |
| Foreign |  |  |
| Total |  |  |
| U.S. Dollars |  |  |
| Total |  |  |

| FLEXIBLE INCOME FUND |  |  |
| --- | --- | --- |
| U.S. Dollars | 84,711 | 78 |
| Foreign |  |  |
| Total |  |  |

| FLEXIBLE INCOME FUND |  |  |
| --- | --- | --- |
| U.S. Dollars | 84,711 | 78 |
| Foreign |  |  |
| Total |  |  |

# Flexible Income Fund

# COMMITMENTS AND CONTINGENCIES

December 2022 / 28

# **SHORT-TERM INVESTMENTS - 24.84%**

| Bank of America | 4.06% | General funds | 111,969 | 111,969 | 263,925 | - | - | - | - | 266,926 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Money Market | 4.06% | General funds | 111,969 | 111,969 | 263,925 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |  |  |  |  |  |  |  |  |  |
| Deposits Under the Investment Fund | 4.06% | General funds | 111,969 | 111,969 | 263,925 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |  |  |  |  |  |  |  |  |  |  |  |  |  |

Morgan Stanley Department Liquidity Funds - Government

| Portfolio | Foreign Government Obligations | 5,904,348 | 5,904,348 |
| --- | --- | --- | --- |
|  | The change in amounts of any (and/or depreciation) on securities still held at December 31, 2022 was $1,134,676,000, included in the related net realized gains (losses) and |  |  |
|  | Management Services Securities | 5,996,500 | 130,130,344 |
|  | Net Increase in (and/or depreciation) in the Statement of Operations | 5,996,500 | 2,443,031 |
|  | Municipal Bonds | 772,031 | 132,573,375 |
|  | **There were no transfers between level 2 and 3 for the period ended December 31, 2022. | 772,031 | 772,031 |
|  | Right | - | - |
|  | Warrant | - | 9,185 |
|  |  |  | 9,185 |

Other Financial Instruments*

Assets:

| Foreign currency exchange contracts |  | - | 5,445 | - | 5,445 |
| --- | --- | --- | --- | --- | --- |
| Interest rate contracts |  | 200,596 | - | - | 200,596 |
| Fair Value Measurements |  |  |  |  |  |
| Foreign currency exchange contracts |  | - | (263,474) | - | (263,474) |
| Asset-backed securities | $437,697 | Broker Quote (108,154) | Offered Quote - | $88.64 | -$88.64 |
| Common Stock | $266,926 | Third-Party Vendor | Vendor Prices | $24.20 | $24.20 |
| Corporate Securities | $- | Broker Quote 68,197,170 | Offered Quote 46,385 | $- | 3,793,854 |
|  |  |  |  |  | Increase |
|  |  |  |  |  | 3,793,854 |

| Corporate Securities | $646,200 | Third-Party Vendor | Vendor Prices | $8.45 - $109.00 | $100.21 | Increase |
| --- | --- | --- | --- | --- | --- | --- |
| Mortgage-Backed Securities-Non-Agency | $1,897,143 | Third-Party Vendor | Vendor Prices | $0.00 - $9.75 | $5.71 | Increase |
| Mortgage-Backed Securities-Non-Agency Commercial | $226,728 | Broker Quote | Offered Quote | $94.47 | $94.47 | Increase |
| Mortgage-Backed Securities-Non-Agency Commercial | $319,160 | Third-Party Vendor | Vendor Prices | $1.07 | $1.07 | Increase |
| Rights | $- | Broker Quote | Offered Quote | $- | $- | Increase |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** METROPOLITAN WEST FUNDS

- **b. Investment Company Act file number:** 811-07989

- **c. CIK number of Registrant:** 0001028621

- **d. LEI of Registrant:** 549300KGDNJW6FXNDC82

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

  - **Street Address 1:** 865 South Figueroa Street

  - **City:** Los Angeles

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 90017

  - **Telephone number:** 800-241-4671

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

- **a. Name of Series:** Metropolitan West Flexible Income Fund

- **b. EDGAR series identifier (if any):** S000062248

- **c. LEI of Series:** 5493004ZM793OILX8W61

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

- **a. Date of fiscal year-end:** 2023-03-31

- **b. Date as of which information is reported:** 2022-12-30

**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:** $326434339.12

**Total Liabilities:** $56399756.14

**Net Assets:** $270034582.98

**Stand-by Commitments:** $53074752.95

**Cash Not Reported:** $1572388.66

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 86.87907000 | **1-Year:** 4335.28550000 | **5-Year:** 42757.46153000 | **10-Year:** 29996.74090000 | **30-Year:** 1664.49689000

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

- **3-Month:** 62.53682000 | **1-Year:** 9066.52860000 | **5-Year:** 34198.36444000 | **10-Year:** 4032.91365000 | **30-Year:** 95.88610000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000201584 | -0.26%               | 2.91%                | 0.16%                |
| Class ID C000201583 | -0.24%               | 2.93%                | 0.19%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2193925.15             | $-630480.59                                |
| Month 2  | $-1139408.36             | $6539581.03                                |
| Month 3  | $1279305.34              | $-2167901.60                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CENTENE CORP                                                                | Centene Corp                                                                     | CUSIP: 15135BAW1<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    323000 | PA      | $265507.37    | 0.10%             | 2030-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                          | Energy Transfer LP                                                               | CUSIP: 29273RBE8<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17887.74     | 0.01%             | 2035-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                        | Bank of America Corp                                                             | CUSIP: 06051GJT7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     55000 | PA      | $44077.47     | 0.02%             | 2032-04-22      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| Residential Asset Securitizati                                              | Residential Asset Securitization Trust 2003-A15                                  | CUSIP: 45660NWU5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    462384 | PA      | $31587.29     | 0.01%             | 2034-02-25      | Floating      | 3.16%                 | No            |                  3 | On Loan: No      |
| NEW YORK ST DORM AUTH ST PERSO                                              | New York State Dormitory Authority                                               | CUSIP: 64990FRB2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    150000 | PA      | $118250.55    | 0.04%             | 2039-02-15      | Fixed         | 3.11%                 | No            |                  2 | On Loan: No      |
| Avolon TLB Borrower 1 (US) LLC                                              | Avolon TLB Borrower 1 US LLC                                                     | CUSIP: 05400KAE0<br>LEI: 635400O84AGITYFZQB55 | Long             | LON              | CORP              | US        |    275000 | PA      | $274542.13    | 0.10%             | 2025-01-15      | Floating      | 6.10%                 | No            |                  2 | On Loan: No      |
| Banc of America Commercial Mor                                              | Banc of America Commercial Mortgage Trust 2015-UBS7                              | CUSIP: 06054AAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $12623.35     | 0.00%             | 2048-09-15      | Variable      | 1.25%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                                                    | Warnermedia Holdings Inc                                                         | CUSIP: 55903VAL7<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    190000 | PA      | $156757.37    | 0.06%             | 2032-03-15      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                               | Citigroup Inc                                                                    | CUSIP: 172967LS8<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    435000 | PA      | $397610.61    | 0.15%             | 2028-10-27      | Fixed         | 3.52%                 | No            |                  2 | On Loan: No      |
| SUNAC CHINA HOLDINGS LTD                                                    | Sunac China Holdings Ltd                                                         | CUSIP: 000000000<br>LEI: 549300OLARYHDXP3WK18 | Long             | DBT              | CORP              | KY        |    210000 | PA      | $45654.20     | 0.02%             | 2025-01-10      | Fixed         | 6.50%                 | No            |                  3 | On Loan: No      |
| Spin Holdco Inc                                                             | Spin Holdco Inc                                                                  | CUSIP: 84850XAK8<br>LEI: 549300QAS44U2GUXGK45 | Long             | LON              | CORP              | US        |    270188 | PA      | $229254.09    | 0.08%             | 2028-03-04      | Floating      | 8.77%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HLDGS                                                    | Santander UK Group Holdings PLC                                                  | CUSIP: 80281LAJ4<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |    245000 | PA      | $240965.11    | 0.09%             | 2024-11-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage                                               | Citigroup Commercial Mortgage Trust 2015-GC27                                    | CUSIP: 17323CAG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1585238 | PA      | $32200.47     | 0.01%             | 2048-02-10      | Variable      | 1.31%                 | No            |                  2 | On Loan: No      |
| QATAR ENERGY TRADING LLC                                                    | QatarEnergy Trading LLC                                                          | CUSIP: 000000000<br>LEI: 254900QTESJKJ3P87J26 | Long             | DBT              | CORP              | QA        |    200000 | PA      | $166036.20    | 0.06%             | 2031-07-12      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Washington Mutual Mortgage Pas                                              | Washington Mutual Mortgage Pass-Through Certificates WMALT Series 2006-AR3 Trust | CUSIP: 93934FQU9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7171407 | PA      | $271935.43    | 0.10%             | 2046-05-25      | Fixed         | 1.15%                 | No            |                  3 | On Loan: No      |
| RUBY PIPELINE LLC                                                           | Ruby Pipeline LLC                                                                | CUSIP: 781172AB7<br>LEI: 549300VXRTBPBK07QT94 | Long             | DBT              | CORP              | US        |    535455 | PA      | $583645.46    | 0.22%             | 2022-04-01      | Variable      | 8.00%                 | No            |                  3 | On Loan: No      |
| Countrywide Alternative Loan T                                              | Alternative Loan Trust 2005-7CB                                                  | CUSIP: 12667F4M4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1462385 | PA      | $50840.68     | 0.02%             | 2038-03-01      | Floating      | 0.66%                 | No            |                  3 | On Loan: No      |
| Residential Accredit Loans, In                                              | RALI Series 2006-QS15 Trust                                                      | CUSIP: 74922YAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    882111 | PA      | $744560.56    | 0.28%             | 2036-10-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                                                          | VICI Properties LP                                                               | CUSIP: 925650AE3<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |     79000 | PA      | $69953.50     | 0.03%             | 2052-05-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Buckeye Partners LP                                                         | Buckeye Partners LP                                                              | CUSIP: 11823LAK1<br>LEI: 549300C1PQJLVEIUBK50 | Long             | LON              | CORP              | US        |    245000 | PA      | $243941.60    | 0.09%             | 2026-11-01      | Floating      | 6.63%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II                                                     | GLP Capital LP / GLP Financing II Inc                                            | CUSIP: 361841AH2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    685000 | PA      | $673147.52    | 0.25%             | 2026-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                            | CSC Holdings LLC                                                                 | CUSIP: 126307BF3<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    175000 | PA      | $114409.80    | 0.04%             | 2031-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ABU DHABI GOVT INT'L                                                        | Abu Dhabi Government International Bond                                          | CUSIP: 000000000<br>LEI: 213800FER4348CINTA77 | Long             | DBT              | NUSS              | AE        |    200000 | PA      | $179420.00    | 0.07%             | 2029-09-30      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Avantor Funding Inc                                                         | Avantor Funding Inc                                                              | CUSIP: 05350NAL8<br>LEI: 5493003VM0XB4U8YD238 | Long             | LON              | CORP              | US        |     35423 | PA      | $35312.49     | 0.01%             | 2027-11-08      | Floating      | 6.48%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                                 | US ULTRA TREASURY BOND                                                           | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       -76 | NC      | $-21340.04    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO & COMPANY                                                       | Wells Fargo & Co                                                                 | CUSIP: 95000U2U6<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    770000 | PA      | $649232.61    | 0.24%             | 2033-03-02      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                         | Charles Schwab Corp/The                                                          | CUSIP: 808513BT1<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    150000 | PA      | $117798.07    | 0.04%             | 2031-12-01      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P                                              | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137BUX94<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3000000 | PA      | $213030.75    | 0.08%             | 2045-01-25      | Variable      | 2.08%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P                                              | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137FWGK0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4160103 | PA      | $82066.35     | 0.03%             | 2025-05-25      | Variable      | 1.66%                 | No            |                  2 | On Loan: No      |
| RealPage Inc                                                                | RealPage Inc                                                                     | CUSIP: 75605VAD4<br>LEI: 5493001RSFZX4122A604 | Long             | LON              | CORP              | US        |    271562 | PA      | $258799.06    | 0.10%             | 2028-04-24      | Floating      | 7.38%                 | No            |                  2 | On Loan: No      |
| Pretium Mortgage Credit Partne                                              | PRET 2021-RN2 LLC                                                                | CUSIP: 74143FAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    823836 | PA      | $747822.50    | 0.28%             | 2051-07-25      | Variable      | 1.74%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Acquisition                                              | JP Morgan Mortgage Acquisition Trust 2006-CW2                                    | CUSIP: 46629BAD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1471039 | PA      | $887387.21    | 0.33%             | 2036-08-25      | Variable      | 6.08%                 | No            |                  2 | On Loan: No      |
| Lehman XS Trust                                                             | Lehman XS Trust 2006-17                                                          | CUSIP: 52523KAQ7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    214334 | PA      | $188776.27    | 0.07%             | 2046-08-25      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                                         | COMM 2014-CR14 Mortgage Trust                                                    | CUSIP: 12630DAZ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3332341 | PA      | $12777.86     | 0.00%             | 2047-02-10      | Variable      | 0.51%                 | No            |                  2 | On Loan: No      |
| DISCOVER BANK                                                               | Discover Bank                                                                    | CUSIP: 25466AAQ4<br>LEI: X05BVSK68TQ7YTOSNR22 | Long             | DBT              | CORP              | US        |    230000 | PA      | $218616.17    | 0.08%             | 2024-09-12      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| ENERGIZER HOLDINGS INC                                                      | Energizer Holdings Inc                                                           | CUSIP: 29272WAD1<br>LEI: 5493000D6NN0V57UME20 | Long             | DBT              | CORP              | US        |    475000 | PA      | $400187.50    | 0.15%             | 2029-03-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                                              | Wells Fargo Commercial Mortgage Trust 2015-NXS3                                  | CUSIP: 94989VAG4<br>LEI: 549300ZVNWG0TX42H716 | Long             | ABS-MBS          | CORP              | US        |   9380178 | PA      | $184146.03    | 0.07%             | 2057-09-15      | Variable      | 0.88%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                                                      | VICI Properties LP / VICI Note Co Inc                                            | CUSIP: 92564RAL9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    135000 | PA      | $118513.69    | 0.04%             | 2029-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Acquisition                                              | JP Morgan Mortgage Acquisition Trust 2006-CH2                                    | CUSIP: 46629QAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    491824 | PA      | $312813.93    | 0.12%             | 2029-09-25      | Variable      | 5.46%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                     | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GXR0<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    375000 | PA      | $285787.77    | 0.11%             | 2032-01-27      | Fixed         | 1.99%                 | No            |                  2 | On Loan: No      |
| COMISION FEDERAL DE ELEC                                                    | Comision Federal de Electricidad                                                 | CUSIP: 200447AL4<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $177769.82    | 0.07%             | 2029-05-15      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| MFT Trust                                                                   | MFT Trust 2020-ABC                                                               | CUSIP: 55317BAJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    450000 | PA      | $279758.30    | 0.10%             | 2042-02-10      | Variable      | 3.48%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                  | AbbVie Inc                                                                       | CUSIP: 00287YAR0<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    324000 | PA      | $301283.85    | 0.11%             | 2035-05-14      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Mid-State Trust                                                             | Mid-State Capital Corp 2005-1 Trust                                              | CUSIP: 595481AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      4925 | PA      | $4838.41      | 0.00%             | 2040-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| INVITATION HOMES OP                                                         | Invitation Homes Operating Partnership LP                                        | CUSIP: 46188BAB8<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              | CORP              | US        |     50000 | PA      | $41430.33     | 0.02%             | 2028-11-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Fertitta Entertainment LLC                                                  | Fertitta Entertainment LLC/NV                                                    | CUSIP: 31556PAB3<br>LEI: 984500A0805D8V551D35 | Long             | LON              | CORP              | US        |     10868 | PA      | $10354.42     | 0.00%             | 2029-01-26      | Floating      | 8.20%                 | No            |                  2 | On Loan: No      |
| GRAY ESCROW II INC                                                          | Gray Escrow II Inc                                                               | CUSIP: 389286AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    267000 | PA      | $193617.94    | 0.07%             | 2031-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| HESS CORP                                                                   | Hess Corp                                                                        | CUSIP: 42809HAD9<br>LEI: UASVRYNXNK17ULIGK870 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18952.45     | 0.01%             | 2041-02-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II                                                     | GLP Capital LP / GLP Financing II Inc                                            | CUSIP: 361841AK5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $9850.00      | 0.00%             | 2028-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                                                   | Morgan Stanley Bank of America Merrill Lynch Trust 2012-C5                       | CUSIP: 61761AAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  30906776 | PA      | $105508.01    | 0.04%             | 2045-08-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                                                        | Colombia Government International Bond                                           | CUSIP: 195325DR3<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    200000 | PA      | $153400.00    | 0.06%             | 2030-01-30      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                                                      | VICI Properties LP / VICI Note Co Inc                                            | CUSIP: 92564RAG0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     15000 | PA      | $14392.15     | 0.01%             | 2025-06-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                                                | GS Mortgage Securities Trust 2015-GC32                                           | CUSIP: 36250PAF2<br>LEI: 54930066YOFVQE068N73 | Long             | ABS-MBS          | CORP              | US        |  32608570 | PA      | $477484.03    | 0.18%             | 2048-07-10      | Variable      | 0.71%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                                              | Fannie Mae-Aces                                                                  | CUSIP: 3136ARP44<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    538357 | PA      | $8496.51      | 0.00%             | 2039-01-25      | Variable      | 2.67%                 | No            |                  2 | On Loan: No      |
| IndyMac IMSC Mortgage Loan Tru                                              | IndyMac IMSC Mortgage Loan Trust 2007-F2                                         | CUSIP: 45670JAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    712338 | PA      | $539272.88    | 0.20%             | 2037-07-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                                         | Global Payments Inc                                                              | CUSIP: 37940XAQ5<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |     95000 | PA      | $90683.26     | 0.03%             | 2032-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES 2020-AA                                                     | Delta Air Lines 2020-1 Class AA Pass Through Trust                               | CUSIP: 247361ZV3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     21263 | PA      | $18237.12     | 0.01%             | 2028-06-10      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                                                      | SLM Student Loan Trust 2004-1                                                    | CUSIP: 78442GKV7<br>LEI: 549300UECCCKC4WVNL14 | Long             | ABS-O            | CORP              | US        |    154688 | PA      | $143210.22    | 0.05%             | 2039-07-25      | Floating      | 4.86%                 | No            |                  2 | On Loan: No      |
| Banc of America Alternative Lo                                              | Banc of America Alternative Loan Trust 2006-5                                    | CUSIP: 05950BAH7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1901260 | PA      | $1539666.00   | 0.57%             | 2046-06-25      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| Fidelity Government Portfolio                                               | Fidelity Government Portfolio                                                    | CUSIP: 316175108<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    356413 | NS      | $356412.67    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Banc of America Commercial Mor                                              | Banc of America Commercial Mortgage Trust 2015-UBS7                              | CUSIP: 06054AAY5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6114079 | PA      | $98492.61     | 0.04%             | 2048-09-15      | Variable      | 0.75%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                                              | Alternative Loan Trust 2007-5CB                                                  | CUSIP: 02150EAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    537772 | PA      | $306253.56    | 0.11%             | 2037-04-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Sunshine Luxembourg VII SARL                                                | Sunshine Luxembourg VII Sarl                                                     | CUSIP: 000000000<br>LEI: 254900CHQOBZNYV4DY60 | Long             | LON              | CORP              | LU        |    245625 | PA      | $235834.39    | 0.09%             | 2026-10-01      | Floating      | 8.48%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                                                     | Romanian Government International Bond                                           | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    300000 | PA      | $237436.80    | 0.09%             | 2031-02-14      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HarborView Mortgage Loan Trust                                              | HarborView Mortgage Loan Trust 2005-9                                            | CUSIP: 41161PSK0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     15704 | PA      | $13873.67     | 0.01%             | 2035-06-20      | Floating      | 5.03%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE MUTUAL INSURA                                                    | Nationwide Mutual Insurance Co                                                   | CUSIP: 638671AJ6<br>LEI: Z7LVXXWM8HZPKF5T2355 | Long             | DBT              | CORP              | US        |    375000 | PA      | $374118.78    | 0.14%             | 2024-12-15      | Floating      | 7.06%                 | No            |                  2 | On Loan: No      |
| AMWINS GROUP INC                                                            | AmWINS Group Inc                                                                 | CUSIP: 031921AB5<br>LEI: 549300SJE7MUB8NMRG61 | Long             | DBT              | CORP              | US        |    179000 | PA      | $153959.90    | 0.06%             | 2029-06-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                 | Oracle Corp                                                                      | CUSIP: 68389XCA1<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    320000 | PA      | $230851.08    | 0.09%             | 2051-03-25      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                     | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GYM0<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    325000 | PA      | $283927.70    | 0.11%             | 2027-10-21      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| SPRINT SPECTRUM / SPEC I                                                    | Sprint Spectrum Co LLC / Sprint Spectrum Co II LLC / Sprint Spectrum Co III LLC  | CUSIP: 85208NAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    495000 | PA      | $488358.53    | 0.18%             | 2028-03-20      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor                                              | JP Morgan Chase Commercial Mortgage Securities Trust 2020-LOOP                   | CUSIP: 46651WAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2010000 | PA      | $18280.65     | 0.01%             | 2038-12-05      | Variable      | 0.25%                 | No            |                  2 | On Loan: No      |
| Pre Paid Legal Services Inc                                                 | Pre-Paid Legal Services Inc                                                      | CUSIP: 74006LAS1<br>LEI: 549300DKH5WJ2J8QU878 | Long             | LON              | CORP              | US        |     10868 | PA      | $10475.87     | 0.00%             | 2028-12-15      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch Alternative Note                                              | Merrill Lynch Alternative Note Asset Trust Series 2007-A1                        | CUSIP: 59023MAT7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    664425 | PA      | $221293.22    | 0.08%             | 2037-01-25      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC                                                            | Berry Global Inc                                                                 | CUSIP: 08576PAF8<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |     40000 | PA      | $34265.11     | 0.01%             | 2027-01-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Citimortgage Alternative Loan                                               | CitiMortgage Alternative Loan Trust Series 2007-A1                               | CUSIP: 12566QAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    114003 | PA      | $100657.68    | 0.04%             | 2037-01-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| DNB BANK ASA                                                                | DNB Bank ASA                                                                     | CUSIP: 25601B2A2<br>LEI: 549300GKFG0RYRRQ1414 | Long             | DBT              | CORP              | NO        |    220000 | PA      | $202299.71    | 0.07%             | 2025-09-30      | Fixed         | 0.86%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P                                              | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137BLWA2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  21684228 | PA      | $150269.53    | 0.06%             | 2025-08-25      | Variable      | 0.30%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL                                               | New York City Transitional Finance Authority Future Tax Secured Revenue          | CUSIP: 64971XQW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $55844.20     | 0.02%             | 2032-08-01      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P                                              | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137FPJQ9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    675980 | PA      | $21908.22     | 0.01%             | 2027-06-25      | Variable      | 1.21%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN PENERBIT SBSN                                                    | Perusahaan Penerbit SBSN Indonesia III                                           | CUSIP: 71567RAP1<br>LEI: 254900G208H6Q0L5B953 | Long             | DBT              | NUSS              | ID        |    200000 | PA      | $175933.00    | 0.07%             | 2030-06-23      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| FRTKL                                                                       | FRTKL 2021-SFR1                                                                  | CUSIP: 30322DAL3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $823773.00    | 0.31%             | 2038-09-17      | Fixed         | 3.17%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans                                                      | CHL Mortgage Pass-Through Trust 2007-20                                          | CUSIP: 12544QAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    202691 | PA      | $103666.67    | 0.04%             | 2038-01-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                          | Energy Transfer LP                                                               | CUSIP: 29278NAF0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96888.34     | 0.04%             | 2028-06-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                                              | Alternative Loan Trust 2005-46CB                                                 | CUSIP: 12667G6W8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    269347 | PA      | $194033.97    | 0.07%             | 2035-10-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Prime Security Services Borrower, LLC (aka Protection 1 Security Solutions) | Prime Security Services Borrower LLC                                             | CUSIP: 03765VAK6<br>LEI: 549300O6QPZVWXV2DC15 | Long             | LON              | CORP              | US        |     15223 | PA      | $15108.55     | 0.01%             | 2026-09-23      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Secu                                              | JPMBB Commercial Mortgage Securities Trust 2014-C19                              | CUSIP: 46641WAX5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  11790838 | PA      | $66683.08     | 0.02%             | 2047-04-15      | Variable      | 0.62%                 | No            |                  2 | On Loan: No      |
| SKYAF 2020-1 A                                                              | SKYAF 2020-1 A                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    493811 | PA      | $437697.41    | 0.16%             | 2038-05-10      | Floating      | 3.23%                 | No            |                  3 | On Loan: No      |
| The Bank of New York Mellon                                                 | GBP/USD FORWARD                                                                  | CUSIP: 000000000<br>LEI: HPFHU0OQ28E4N0NFVK49 | N/A              | DFE              | CORP              | US        |         1 | NC      | $2907.45      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor                                              | JP Morgan Chase Commercial Mortgage Securities Trust 2020-ACE                    | CUSIP: 46591PAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $13142.70     | 0.00%             | 2037-01-10      | Variable      | 0.34%                 | No            |                  2 | On Loan: No      |
| Credit-Based Asset Servicing a                                              | C-BASS 2007-CB1 TRUST                                                            | CUSIP: 1248MGAP9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1772804 | PA      | $548473.77    | 0.20%             | 2037-01-25      | Variable      | 3.10%                 | No            |                  2 | On Loan: No      |
| KILROY REALTY LP                                                            | Kilroy Realty LP                                                                 | CUSIP: 49427RAQ5<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              | CORP              | US        |     50000 | PA      | $35687.03     | 0.01%             | 2032-11-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE CO OF NEW                                                    | Public Service Co of New Mexico                                                  | CUSIP: 744542AC5<br>LEI: OFZN1UT56PNG1CGSR346 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38255.27     | 0.01%             | 2025-08-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| INTELSAT JACKSON HLDG                                                       | Intelsat Jackson Holdings SA                                                     | CUSIP: 000000000<br>LEI: 8XJ8KF85PBKK1TLMFN29 | Long             | DBT              | CORP              | LU        |    270000 | PA      | $0.00         | 0.00%             | 2024-10-15      | Fixed         | 8.50%                 | No            |                  3 | On Loan: No      |
| Lehman Mortgage Trust                                                       | Lehman Mortgage Trust 2006-7                                                     | CUSIP: 52520QAQ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    184394 | PA      | $17979.95     | 0.01%             | 2036-11-25      | Floating      | 2.16%                 | No            |                  3 | On Loan: No      |
| Government National Mortgage A                                              | Government National Mortgage Association                                         | CUSIP: 38381AYA8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      2777 | PA      | $2606.64      | 0.00%             | 2048-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PILGRIM'S PRIDE CORP                                                        | Pilgrim's Pride Corp                                                             | CUSIP: 72147KAF5<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |    180000 | PA      | $153304.02    | 0.06%             | 2031-04-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BAXTER INTERNATIONAL INC                                                    | Baxter International Inc                                                         | CUSIP: 071813CE7<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |    260000 | PA      | $250108.61    | 0.09%             | 2023-12-01      | Fixed         | 0.87%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                                              | Carvana Auto Receivables Trust 2022-P2                                           | CUSIP: 14686JAM2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      3050 | PA      | $523575.95    | 0.19%             | 2029-05-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| COMMONSPIRIT HEALTH                                                         | CommonSpirit Health                                                              | CUSIP: 20268JAB9<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |    200000 | PA      | $173798.78    | 0.06%             | 2029-10-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                                            | Connecticut Avenue Securities Trust 2019-R07                                     | CUSIP: 20753WAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $970149.00    | 0.36%             | 2039-10-25      | Floating      | 7.79%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                            | CSC Holdings LLC                                                                 | CUSIP: 126307AY3<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    453000 | PA      | $309036.60    | 0.11%             | 2028-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Residential Asset Securitizati                                              | Residential Asset Securitization Trust 2007-A1                                   | CUSIP: 761136AA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    325151 | PA      | $112577.39    | 0.04%             | 2037-03-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Bear Stearns Adjustable Rate M                                              | Bear Stearns ARM Trust 2004-3                                                    | CUSIP: 07384MQ88<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      6780 | PA      | $6251.18      | 0.00%             | 2034-07-25      | Variable      | 3.32%                 | No            |                  2 | On Loan: No      |
| Bear Stearns Adjustable Rate M                                              | Bear Stearns ARM Trust 2005-10                                                   | CUSIP: 07387AET8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    135006 | PA      | $124492.48    | 0.05%             | 2035-10-25      | Variable      | 3.86%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                                 | US 10YR ULTRA                                                                    | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |      -241 | NC      | $80166.16     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BB-UBS Trust                                                                | BB-UBS Trust 2012-SHOW                                                           | CUSIP: 05538UAN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1395000 | PA      | $4284.25      | 0.00%             | 2036-11-05      | Variable      | 0.14%                 | No            |                  2 | On Loan: No      |
| PETRONAS CAPITAL LTD                                                        | Petronas Capital Ltd                                                             | CUSIP: 71675CAB4<br>LEI: 549300G7YFX3540OYR85 | Long             | DBT              | CORP              | MY        |    200000 | PA      | $165740.00    | 0.06%             | 2032-01-28      | Fixed         | 2.48%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                                         | COMM 2014-CCRE19 Mortgage Trust                                                  | CUSIP: 12592GBE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    909153 | PA      | $9934.68      | 0.00%             | 2047-08-10      | Variable      | 0.93%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage                                               | Citigroup Commercial Mortgage Trust 2013-GC15                                    | CUSIP: 17321JAJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3810195 | PA      | $9756.38      | 0.00%             | 2046-09-10      | Variable      | 0.79%                 | No            |                  2 | On Loan: No      |
| BACARDI LTD                                                                 | Bacardi Ltd                                                                      | CUSIP: 067316AE9<br>LEI: 549300R32WTQNHNN5055 | Long             | DBT              | CORP              | BM        |    165000 | PA      | $160247.75    | 0.06%             | 2025-05-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| CIM Trust                                                                   | CIM Trust 2021-NR4                                                               | CUSIP: 12566DAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1078350 | PA      | $999957.11    | 0.37%             | 2061-10-25      | Variable      | 2.82%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY                                                     | Nationwide Building Society                                                      | CUSIP: 63861VAA5<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |    380000 | PA      | $377944.06    | 0.14%             | 2024-03-08      | Fixed         | 3.77%                 | No            |                  2 | On Loan: No      |
| GSCG Trust                                                                  | GSCG Trust 2019-600C                                                             | CUSIP: 36260TAQ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    285000 | PA      | $225725.04    | 0.08%             | 2034-09-06      | Variable      | 3.99%                 | No            |                  2 | On Loan: No      |
| TENCENT HOLDINGS LTD                                                        | Tencent Holdings Ltd                                                             | CUSIP: 88032WBA3<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $166751.74    | 0.06%             | 2031-04-22      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                                                   | Morgan Stanley Bank of America Merrill Lynch Trust 2015-C21                      | CUSIP: 61764XBK0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3254058 | PA      | $44023.33     | 0.02%             | 2048-03-15      | Variable      | 0.85%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY FIN                                                      | Berkshire Hathaway Finance Corp                                                  | CUSIP: 084664CX7<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |    115000 | PA      | $73072.26     | 0.03%             | 2051-01-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                                              | Government National Mortgage Association                                         | CUSIP: 38378BQ77<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1546140 | PA      | $24100.08     | 0.01%             | 2051-12-16      | Variable      | 0.63%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                                              | Alternative Loan Trust 2006-19CB                                                 | CUSIP: 02147QAT9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3976878 | PA      | $367745.49    | 0.14%             | 2036-08-25      | Floating      | 1.21%                 | No            |                  3 | On Loan: No      |
| CHOBANI LLC/FINANCE CORP                                                    | Chobani LLC / Chobani Finance Corp Inc                                           | CUSIP: 17027NAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $436107.50    | 0.16%             | 2028-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                           | HSBC Holdings PLC                                                                | CUSIP: 404280DF3<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    255000 | PA      | $241695.33    | 0.09%             | 2028-06-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MODIVCARE ESCROW ISSUER                                                     | ModivCare Escrow Issuer Inc                                                      | CUSIP: 60783XAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    275000 | PA      | $231912.71    | 0.09%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| REPUBLICA ORIENT URUGUAY                                                    | Uruguay Government International Bond                                            | CUSIP: 917288BK7<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |    200000 | PA      | $199600.00    | 0.07%             | 2031-01-23      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Bombardier Capital Mortgage Se                                              | BCMSC Trust 2000-A                                                               | CUSIP: 09774XBQ4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    142144 | PA      | $22588.24     | 0.01%             | 2030-06-15      | Variable      | 8.29%                 | No            |                  2 | On Loan: No      |
| WEYERHAEUSER CO                                                             | Weyerhaeuser Co                                                                  | CUSIP: 962166CA0<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | DBT              | CORP              | US        |    195000 | PA      | $163532.19    | 0.06%             | 2033-03-09      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                                         | COMM 2016-CR28 Mortgage Trust                                                    | CUSIP: 12593YBH5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  13462073 | PA      | $222438.94    | 0.08%             | 2049-02-10      | Variable      | 0.63%                 | No            |                  2 | On Loan: No      |
| Kenan Advantage Group Inc (The)                                             | Kenan Advantage Group Inc/The                                                    | CUSIP: 48853UBH2<br>LEI: 549300GVUXCXDWYPIY65 | Long             | LON              | CORP              | US        |    275000 | PA      | $255292.13    | 0.09%             | 2027-09-01      | Floating      | 11.63%                | No            |                  2 | On Loan: No      |
| U.S. Anesthesia Partners Inc                                                | US Anesthesia Partners Inc                                                       | CUSIP: 90350HAL3<br>LEI: 549300J001GMNRO7SQ51 | Long             | LON              | CORP              | US        |    469062 | PA      | $447795.21    | 0.17%             | 2028-10-02      | Floating      | 8.37%                 | No            |                  2 | On Loan: No      |
| Conseco Finance Securitization                                              | Conseco Finance Securitizations Corp                                             | CUSIP: 20846QDU9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1992158 | PA      | $426145.41    | 0.16%             | 2032-05-01      | Fixed         | 7.97%                 | No            |                  2 | On Loan: No      |
| Fannie Mae or Freddie Mac                                                   | Fannie Mae or Freddie Mac                                                        | CUSIP: 01F022618<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   9975000 | PA      | $8440566.40   | 3.13%             | 2053-01-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor                                              | JP Morgan Chase Commercial Mortgage Securities Trust 2013-C10                    | CUSIP: 46639JAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    374984 | PA      | $8.17         | 0.00%             | 2047-12-15      | Variable      | 0.94%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                                              | Alternative Loan Trust 2005-46CB                                                 | CUSIP: 12667G7A5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    574140 | PA      | $413603.18    | 0.15%             | 2035-10-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Deutsche Mortgage and Asset Re                                              | Deutsche Mortgage & Asset Receiving Corp                                         | CUSIP: 25160HAC9<br>LEI: 529900JBPP7HAVCM8C23 | Long             | ABS-MBS          | CORP              | US        |    360005 | PA      | $292283.87    | 0.11%             | 2037-07-27      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                                                | CSMC Mortgage-Backed Trust 2006-7                                                | CUSIP: 22942KCH1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1164939 | PA      | $709995.30    | 0.26%             | 2036-08-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                           | HSBC Holdings PLC                                                                | CUSIP: 404280CJ6<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    130000 | PA      | $117446.79    | 0.04%             | 2026-04-18      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| RENT-A-CENTER INC                                                           | Rent-A-Center Inc/TX                                                             | CUSIP: 76009NAL4<br>LEI: 529900QUHE15UQNCCJ63 | Long             | DBT              | CORP              | US        |    300000 | PA      | $244888.05    | 0.09%             | 2029-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                        | Bank of America Corp                                                             | CUSIP: 06051GHY8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    375000 | PA      | $348182.06    | 0.13%             | 2026-02-13      | Fixed         | 2.02%                 | No            |                  2 | On Loan: No      |
| NGPL PIPECO LLC                                                             | NGPL PipeCo LLC                                                                  | CUSIP: 62912XAF1<br>LEI: 549300K3NT1HSQFEM073 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38129.41     | 0.01%             | 2027-08-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Cascade MH Asset Trust                                                      | Cascade MH Asset Trust 2022-MH1                                                  | CUSIP: 14732KAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1277570 | PA      | $1122073.90   | 0.42%             | 2054-08-25      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| SPRINT SPECTRUM / SPEC I                                                    | Sprint Spectrum Co LLC / Sprint Spectrum Co II LLC / Sprint Spectrum Co III LLC  | CUSIP: 85208NAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    295312 | PA      | $291971.61    | 0.11%             | 2025-03-20      | Fixed         | 4.74%                 | No            |                  2 | On Loan: No      |
| MASTR Alternative Loans Trust                                               | MASTR Alternative Loan Trust 2005-2                                              | CUSIP: 576434J70<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     13682 | PA      | $13363.51     | 0.00%             | 2035-03-25      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| Residential Funding Mtg Sec I                                               | RFMSI Series 2006-S6 Trust                                                       | CUSIP: 74957VAK5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    244176 | PA      | $201471.92    | 0.07%             | 2036-07-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Alternative Loan T                                              | JP Morgan Alternative Loan Trust 2006-S1                                         | CUSIP: 46627MFV4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    895377 | PA      | $745860.50    | 0.28%             | 2036-03-25      | Variable      | 6.18%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Corp.                                                | GSMSC Resecuritization Trust 2015-5R                                             | CUSIP: 36251QAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    158677 | PA      | $158524.60    | 0.06%             | 2037-04-26      | Floating      | 2.56%                 | No            |                  2 | On Loan: No      |
| Intelsat SA/Luxembourg                                                      | Intelsat SA/Luxembourg                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11030 | NS      | $266926.00    | 0.10%             |  |  |  | No            |                  3 | On Loan: No      |
| Wells Fargo Mortgage Backed Se                                              | Wells Fargo Mortgage Backed Securities 2007-7 Trust                              | CUSIP: 94985JAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    228301 | PA      | $191641.59    | 0.07%             | 2037-06-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Credit-Based Asset Servicing a                                              | C-BASS 2007-CB1 TRUST                                                            | CUSIP: 1248MGAL8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1004182 | PA      | $310477.36    | 0.11%             | 2037-01-25      | Variable      | 3.10%                 | No            |                  2 | On Loan: No      |
| HarborView Mortgage Loan Trust                                              | HarborView Mortgage Loan Trust 2005-9                                            | CUSIP: 41161PSP9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1151617 | PA      | $180.80       | 0.00%             | 2035-06-20      | Variable      | 0.00%                 | No            |                  3 | On Loan: No      |
| COMMONSPIRIT HEALTH                                                         | CommonSpirit Health                                                              | CUSIP: 14916RAD6<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84125.32     | 0.03%             | 2042-11-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P                                              | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137BHD20<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4900000 | PA      | $137530.75    | 0.05%             | 2043-01-25      | Variable      | 1.50%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In                                              | RALI Series 2007-QO2 Trust                                                       | CUSIP: 75116AAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    519845 | PA      | $191297.76    | 0.07%             | 2047-02-25      | Floating      | 4.54%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                                                               | United States Treasury Bill                                                      | CUSIP: 912796W47<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10000000 | PA      | $9831815.50   | 3.64%             | 2023-05-18      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| DirectV Financing LLC                                                       | Directv Financing LLC                                                            | CUSIP: 25460HAB8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    310625 | PA      | $303086.13    | 0.11%             | 2027-08-02      | Floating      | 9.38%                 | No            |                  2 | On Loan: No      |
| AGNC Investment Corp                                                        | AGNC Investment Corp                                                             | CUSIP: 00123Q104<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EC               | CORP              | US        |     25500 | NS      | $263925.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| NCR CORP                                                                    | NCR Corp                                                                         | CUSIP: 62886EAY4<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |    550000 | PA      | $473253.00    | 0.18%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                         | Charles Schwab Corp/The                                                          | CUSIP: 808513CB9<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    200000 | PA      | $183099.70    | 0.07%             | N/A             | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                           | NatWest Group PLC                                                                | CUSIP: 780097BK6<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    500000 | PA      | $488646.15    | 0.18%             | 2025-03-22      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust                                               | Citigroup Mortgage Loan Trust 2006-WF1                                           | CUSIP: 17307G4H8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     31033 | PA      | $15010.54     | 0.01%             | 2036-03-25      | Variable      | 4.64%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                                            | Connecticut Avenue Securities Trust 2019-R04                                     | CUSIP: 20753TAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    725558 | PA      | $744194.97    | 0.28%             | 2039-06-25      | Floating      | 9.64%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                        | Bank of America Corp                                                             | CUSIP: 06051GJL4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    245000 | PA      | $187174.19    | 0.07%             | 2031-10-24      | Fixed         | 1.92%                 | No            |                  2 | On Loan: No      |
| DENTSPLY SIRONA INC                                                         | DENTSPLY SIRONA Inc                                                              | CUSIP: 24906PAA7<br>LEI: 9NHEHR1SOZCYXDO8HO28 | Long             | DBT              | CORP              | US        |    265000 | PA      | $220577.76    | 0.08%             | 2030-06-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| FARMERS EXCHANGE CAP III                                                    | Farmers Exchange Capital III                                                     | CUSIP: 30958QAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     85000 | PA      | $78435.00     | 0.03%             | 2054-10-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage                                               | CGMS Commercial Mortgage Trust 2017-B1                                           | CUSIP: 17326CAN4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  11628000 | PA      | $354221.44    | 0.13%             | 2050-08-15      | Variable      | 0.82%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                    | Lloyds Banking Group PLC                                                         | CUSIP: 539439AQ2<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    390000 | PA      | $351391.25    | 0.13%             | 2028-11-07      | Fixed         | 3.57%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                              | Morgan Stanley                                                                   | CUSIP: 61747YEC5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    120000 | PA      | $104337.75    | 0.04%             | 2027-07-20      | Fixed         | 1.51%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                  | Fannie Mae REMICS                                                                | CUSIP: 3136A1L60<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     84411 | PA      | $5847.58      | 0.00%             | 2041-11-25      | Floating      | 1.61%                 | No            |                  2 | On Loan: No      |
| Transdigm Inc                                                               | TransDigm Inc                                                                    | CUSIP: 89364MBR4<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |      4552 | PA      | $4504.95      | 0.00%             | 2025-12-09      | Floating      | 6.98%                 | No            |                  2 | On Loan: No      |
| bmo sba coof trust                                                          | BMO SBA COOF Trust 2019-1                                                        | CUSIP: 05588XAA4<br>LEI: N/A                  | Long             | ABS-O            | USGA              | US        |   3285297 | PA      | $181830.52    | 0.07%             | 2045-10-25      | Variable      | 1.65%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch Mortgage Investo                                              | Merrill Lynch Mortgage Investors Trust Series 2006-RM2                           | CUSIP: 590216AA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3590237 | PA      | $1043236.30   | 0.39%             | 2037-05-25      | Floating      | 4.76%                 | No            |                  2 | On Loan: No      |
| Trans Union LLC                                                             | Trans Union LLC                                                                  | CUSIP: 89334GAZ7<br>LEI: X8NPN6PWJOM1QCTYFV34 | Long             | LON              | CORP              | US        |    182757 | PA      | $181272.38    | 0.07%             | 2028-12-01      | Floating      | 6.63%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                                              | Government National Mortgage Association                                         | CUSIP: 38380Y2X2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     27988 | PA      | $26382.07     | 0.01%             | 2048-09-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                                              | Alternative Loan Trust 2007-15CB                                                 | CUSIP: 02151CAR7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1508220 | PA      | $961633.69    | 0.36%             | 2037-07-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                                              | Alternative Loan Trust 2007-13                                                   | CUSIP: 02150MAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    277397 | PA      | $148162.64    | 0.05%             | 2047-06-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddiemac Strip                                                            | Freddie Mac Strips                                                               | CUSIP: 31282YJ42<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    242857 | PA      | $51369.47     | 0.02%             | 2036-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Blackstone Industrial Portfolio - Proj Foxtrot                              | Blackstone Industrial Portfolio - Proj Foxtrot                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    240000 | PA      | $226728.00    | 0.08%             | 2024-04-09      | Floating      | 2.23%                 | No            |                  3 | On Loan: No      |
| FARMERS EXCHANGE CAP II                                                     | Farmers Exchange Capital II                                                      | CUSIP: 30958PAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $143106.08    | 0.05%             | 2053-11-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC                                                            | Berry Global Inc                                                                 | CUSIP: 000000000<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |    200000 | PA      | $190953.28    | 0.07%             | 2027-01-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                    | Capital One Financial Corp                                                       | CUSIP: 14040HCK9<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    360000 | PA      | $344874.37    | 0.13%             | 2024-12-06      | Fixed         | 1.34%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                                              | Alternative Loan Trust 2007-16CB                                                 | CUSIP: 02152AAG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      7399 | PA      | $5801.03      | 0.00%             | 2037-08-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| REYNOLDS AMERICAN INC                                                       | Reynolds American Inc                                                            | CUSIP: 761713BA3<br>LEI: 02S2RPPVO9RP4NEU2740 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90521.90     | 0.03%             | 2035-08-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P                                              | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137FNX21<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2495000 | PA      | $156298.03    | 0.06%             | 2047-09-25      | Variable      | 2.01%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                           | HSBC Holdings PLC                                                                | CUSIP: 404280CK3<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    255000 | PA      | $195616.76    | 0.07%             | 2031-08-18      | Fixed         | 2.36%                 | No            |                  2 | On Loan: No      |
| Fannie Mae or Freddie Mac                                                   | Fannie Mae or Freddie Mac                                                        | CUSIP: 01F050619<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  14575000 | PA      | $14361502.92  | 5.32%             | 2053-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                                                      | VICI Properties LP / VICI Note Co Inc                                            | CUSIP: 92564RAJ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     80000 | PA      | $78153.99     | 0.03%             | 2027-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P                                              | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137BGK32<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  23161254 | PA      | $207244.58    | 0.08%             | 2024-12-25      | Variable      | 0.51%                 | No            |                  2 | On Loan: No      |
| ADMI Corp                                                                   | ADMI Corp                                                                        | CUSIP: 00709LAH0<br>LEI: 5493008U1LYGMQWO7N12 | Long             | LON              | CORP              | US        |    147750 | PA      | $134415.56    | 0.05%             | 2027-12-23      | Floating      | 7.60%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I                                                     | Metropolitan Life Global Funding I                                               | CUSIP: 59217GEG0<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |     15000 | PA      | $13046.57     | 0.00%             | 2030-04-09      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| 321 Henderson Receivables LLC                                               | JGWPT XXXII LLC                                                                  | CUSIP: 46618AAA2<br>LEI: 549300LO0ZO1XMWP1R84 | Long             | ABS-O            | CORP              | US        |     42233 | PA      | $36616.22     | 0.01%             | 2073-01-17      | Fixed         | 3.61%                 | No            |                  2 | On Loan: No      |
| BAYER US FINANCE II LLC                                                     | Bayer US Finance II LLC                                                          | CUSIP: 07274NBF9<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |    245000 | PA      | $191599.59    | 0.07%             | 2044-07-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| ZAYO GROUP HOLDINGS INC                                                     | Zayo Group Holdings Inc                                                          | CUSIP: 98919VAA3<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | DBT              | CORP              | US        |    185000 | PA      | $137033.20    | 0.05%             | 2027-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                                                | GS Mortgage Securities Trust 2016-GS4                                            | CUSIP: 36251XAT4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  14893890 | PA      | $257844.96    | 0.10%             | 2049-11-10      | Variable      | 0.57%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Alternative Loan T                                              | Wells Fargo Alternative Loan 2007-PA5 Trust                                      | CUSIP: 949922AA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    341879 | PA      | $285586.46    | 0.11%             | 2037-11-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                                                       | Caesars Entertainment Inc                                                        | CUSIP: 28470RAK8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    475000 | PA      | $467689.75    | 0.17%             | 2027-07-01      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| FirstKey Homes 2020-SFR1 Trust                                              | FirstKey Homes 2020-SFR1 Trust                                                   | CUSIP: 33767MAN5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1288000 | PA      | $1159608.55   | 0.43%             | 2037-08-17      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| First Franklin Mtg Loan Asset                                               | First Franklin Mortgage Loan Trust Series 2007-FF2                               | CUSIP: 32029GAE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    718855 | PA      | $366955.52    | 0.14%             | 2037-03-25      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage                                               | Citigroup Commercial Mortgage Trust 2016-GC36                                    | CUSIP: 17324TAG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5505590 | PA      | $162947.57    | 0.06%             | 2049-02-10      | Variable      | 1.21%                 | No            |                  2 | On Loan: No      |
| Crown Finance US Inc                                                        | Crown Finance US Inc                                                             | CUSIP: 22834KAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    122619 | PA      | $23173.78     | 0.01%             | 2025-02-28      | Floating      | 8.50%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In                                              | RALI Series 2007-QS7 Trust                                                       | CUSIP: 74923WAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     50071 | PA      | $39941.71     | 0.01%             | 2037-05-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| American Home Mortgage Assets                                               | American Home Mortgage Assets Trust 2007-5                                       | CUSIP: 026936AU8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     13900 | PA      | $364.72       | 0.00%             | 2047-06-25      | Variable      | 0.06%                 | No            |                  3 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD                                                    | Avolon Holdings Funding Ltd                                                      | CUSIP: 05401AAR2<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |    583000 | PA      | $466847.88    | 0.17%             | 2027-11-18      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                                              | Government National Mortgage Association                                         | CUSIP: 38376GW48<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    232871 | PA      | $218147.05    | 0.08%             | 2051-09-16      | Variable      | 3.63%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                                                      | SLM Student Loan Trust 2008-7                                                    | CUSIP: 78445FAD7<br>LEI: 54930067BGNOZYMNWK87 | Long             | ABS-O            | CORP              | US        |     14554 | PA      | $13910.82     | 0.01%             | 2023-07-25      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                      | PNC Financial Services Group Inc/The                                             | CUSIP: 693475BJ3<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    225000 | PA      | $235420.61    | 0.09%             | 2033-10-28      | Fixed         | 6.04%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                                                    | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    452000 | PA      | $408228.32    | 0.15%             | 2027-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Preston Ridge Partners Mortgag                                              | PRPM 2022-1 LLC                                                                  | CUSIP: 693582AA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1160531 | PA      | $1090486.77   | 0.40%             | 2027-02-25      | Variable      | 3.72%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                     | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GWT7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99754.98     | 0.04%             | 2023-02-23      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                                                     | Dryden XXVIII Senior Loan Fund                                                   | CUSIP: 26251BAL0<br>LEI: 549300K4FV16ICO2FF98 | Long             | ABS-CBDO         | CORP              | KY        |      9957 | PA      | $9879.33      | 0.00%             | 2030-08-15      | Floating      | 5.81%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                                         | COMM 2015-CCRE22 Mortgage Trust                                                  | CUSIP: 12592XBE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  10053474 | PA      | $138322.84    | 0.05%             | 2048-03-10      | Variable      | 0.82%                 | No            |                  2 | On Loan: No      |
| Residential Funding Mtg Sec I                                               | RFMSI Series 2007-S8 Trust                                                       | CUSIP: 76200QAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    147163 | PA      | $102356.70    | 0.04%             | 2037-09-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                                                  | Progress Residential 2021-SFR9 Trust                                             | CUSIP: 74333QAJ4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1531000 | PA      | $1194282.42   | 0.44%             | 2040-11-17      | Fixed         | 2.81%                 | No            |                  2 | On Loan: No      |
| WF-RBS COMMERCIAL MORTGAGE TRU                                              | WFRBS Commercial Mortgage Trust 2014-C24                                         | CUSIP: 92939KAH1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6098089 | PA      | $70057.59     | 0.03%             | 2047-11-15      | Variable      | 0.84%                 | No            |                  2 | On Loan: No      |
| REYNOLDS AMERICAN INC                                                       | Reynolds American Inc                                                            | CUSIP: 761713BB1<br>LEI: 02S2RPPVO9RP4NEU2740 | Long             | DBT              | CORP              | US        |     95000 | PA      | $81527.15     | 0.03%             | 2045-08-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| COMMONSPIRIT HEALTH                                                         | CommonSpirit Health                                                              | CUSIP: 20268JAF0<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |     35000 | PA      | $28817.36     | 0.01%             | 2030-10-01      | Fixed         | 2.78%                 | No            |                  2 | On Loan: No      |
| Gainwell Acquisition Corp                                                   | Gainwell Acquisition Corp                                                        | CUSIP: 59909TAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    245614 | PA      | $231184.19    | 0.09%             | 2027-10-01      | Floating      | 8.20%                 | No            |                  2 | On Loan: No      |
| Hilton USA Trust                                                            | Hilton USA Trust 2016-SFP                                                        | CUSIP: 43289VAQ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $377715.40    | 0.14%             | 2035-11-05      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| Lehman Mortgage Trust                                                       | Lehman Mortgage Trust 2006-1                                                     | CUSIP: 52520MFB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    136524 | PA      | $70873.40     | 0.03%             | 2036-02-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GreenPoint Mortgage Funding Tr                                              | GreenPoint MTA Trust 2005-AR3                                                    | CUSIP: 39538RBW8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      4768 | PA      | $3611.87      | 0.00%             | 2045-08-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                                                | GS Mortgage Securities Trust 2011-GC5                                            | CUSIP: 36191YAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    656606 | PA      | $1.58         | 0.00%             | 2044-08-10      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| JPMDB Commercial Mortgage Secu                                              | JPMDB Commercial Mortgage Securities Trust 2016-C2                               | CUSIP: 46590LAV4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    249656 | PA      | $9087.28      | 0.00%             | 2049-06-15      | Variable      | 1.49%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD                                                       | HUB International Ltd                                                            | CUSIP: 44332PAD3<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |    350000 | PA      | $344067.50    | 0.13%             | 2026-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Preston Ridge Partners Mortgag                                              | PRPM 2022-3 LLC                                                                  | CUSIP: 693589AA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1065231 | PA      | $1028878.72   | 0.38%             | 2027-06-25      | Variable      | 5.56%                 | No            |                  2 | On Loan: No      |
| DIAMOND SPORTS GR/DIAMON                                                    | Diamond Sports Group LLC / Diamond Sports Finance Co                             | CUSIP: 25277LAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    751000 | PA      | $89181.25     | 0.03%             | 2026-08-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Acquisition                                              | JP Morgan Mortgage Acquisition Trust 2007-CH2                                    | CUSIP: 46630MAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    640399 | PA      | $341844.63    | 0.13%             | 2030-10-25      | Variable      | 4.44%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                                                       | Mexico Government International Bond                                             | CUSIP: 91087BAM2<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    272000 | PA      | $219776.00    | 0.08%             | 2031-05-24      | Fixed         | 2.66%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                    | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAX3<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    565000 | PA      | $441764.15    | 0.16%             | 2032-01-30      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| BX Trust                                                                    | BX Trust 2021-LGCY                                                               | CUSIP: 12434DAY8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $352753.68    | 0.13%             | 2036-10-15      | Floating      | 7.51%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage                                               | Citigroup Commercial Mortgage Trust 2014-GC19                                    | CUSIP: 17322AAJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    917213 | PA      | $7406.89      | 0.00%             | 2047-03-11      | Variable      | 1.10%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                                                      | SLM Student Loan Trust 2008-5                                                    | CUSIP: 78444YAD7<br>LEI: 549300SRMXHPGI3BJ386 | Long             | ABS-O            | CORP              | US        |     77456 | PA      | $76675.98     | 0.03%             | 2023-07-25      | Floating      | 6.06%                 | No            |                  2 | On Loan: No      |
| US AIRWAYS 2012-1A PTT                                                      | US Airways 2012-1 Class A Pass Through Trust                                     | CUSIP: 90345WAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     11878 | PA      | $11451.39     | 0.00%             | 2024-10-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                    | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175BT0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $184295.00    | 0.07%             | 2050-03-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| CPT MORTGAGE TRUST                                                          | Century Plaza Towers 2019-CPT                                                    | CUSIP: 12654YAN9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    450000 | PA      | $295060.59    | 0.11%             | 2039-11-13      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                                                | GS Mortgage Securities Trust 2016-GS2                                            | CUSIP: 36252TAT2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    251197 | PA      | $11004.48     | 0.00%             | 2049-05-10      | Variable      | 1.73%                 | No            |                  2 | On Loan: No      |
| Preston Ridge Partners Mortgag                                              | PRPM 2021-4 LLC                                                                  | CUSIP: 693583AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1241668 | PA      | $1118060.85   | 0.41%             | 2026-04-25      | Variable      | 1.87%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                    | AT&T Inc                                                                         | CUSIP: 00206RMM1<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    452000 | PA      | $348704.46    | 0.13%             | 2033-12-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                   | Amgen Inc                                                                        | CUSIP: 031162CR9<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    100000 | PA      | $73916.12     | 0.03%             | 2040-02-21      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| MSILF Government Portfolio                                                  | MSILF Government Portfolio                                                       | CUSIP: 61747C707<br>LEI: 549300BI6Y5SI6BYPB26 | Long             | STIV             | RF                | US        |   5996500 | NS      | $5996500.00   | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| CD Commercial Mortgage Trust                                                | CD 2016-CD1 Mortgage Trust                                                       | CUSIP: 12514MBD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9111821 | PA      | $324223.19    | 0.12%             | 2049-08-10      | Variable      | 1.37%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                                         | COMM 2013-CCRE7 Mortgage Trust                                                   | CUSIP: 12625FAF3<br>LEI: 549300FVY7JUBJ0PIH53 | Long             | ABS-MBS          | CORP              | US        |   3797331 | PA      | $110.12       | 0.00%             | 2046-03-10      | Variable      | 1.12%                 | No            |                  2 | On Loan: No      |
| Bank of America, National Association                                       | USD/EUR FORWARD                                                                  | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-210487.54   | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| Calpine Corporation                                                         | Calpine Corp                                                                     | CUSIP: 13134MBQ5<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | LON              | CORP              | US        |    244924 | PA      | $242245.60    | 0.09%             | 2026-04-05      | Floating      | 6.39%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                       | Wells Fargo & Co                                                                 | CUSIP: 95000U2V4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    525000 | PA      | $487137.03    | 0.18%             | 2028-03-24      | Fixed         | 3.53%                 | No            |                  2 | On Loan: No      |
| MICHAELS COS INC/THE                                                        | Michaels Cos Inc/The                                                             | CUSIP: 55916AAB0<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |    745000 | PA      | $499111.47    | 0.18%             | 2029-05-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Residential Asset Securitizati                                              | Residential Asset Securitization Trust 2006-A15                                  | CUSIP: 76114DAB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    512716 | PA      | $199088.53    | 0.07%             | 2037-01-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                                              | Alternative Loan Trust 2006-J1                                                   | CUSIP: 12668BKH5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    210223 | PA      | $151133.85    | 0.06%             | 2036-02-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MODIVCARE INC                                                               | ModivCare Inc                                                                    | CUSIP: 743815AE2<br>LEI: 549300EFZIFW7F7I0Q28 | Long             | DBT              | CORP              | US        |    375000 | PA      | $352731.17    | 0.13%             | 2025-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CINEMARK USA INC                                                            | Cinemark USA Inc                                                                 | CUSIP: 172441BF3<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |    685000 | PA      | $513750.00    | 0.19%             | 2028-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CDK Global Inc                                                              | Central Parent Inc                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     10950 | PA      | $10869.74     | 0.00%             | 2029-07-06      | Floating      | 9.08%                 | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE                                                    | Rockies Express Pipeline LLC                                                     | CUSIP: 77340RAT4<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |    234000 | PA      | $207382.50    | 0.08%             | 2030-05-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| CINEWROLD WARRANTS                                                          | CINEWORLD FINANCE US INC                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |    152713 | NS      | $9184.92      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                              | Morgan Stanley                                                                   | CUSIP: 000000000<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    155000 | PA      | $146703.62    | 0.05%             | 2032-05-07      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                                                      | Egypt Government International Bond                                              | CUSIP: 03846JW71<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    200000 | PA      | $163473.00    | 0.06%             | 2029-03-01      | Fixed         | 7.60%                 | No            |                  2 | On Loan: No      |
| ARDAGH PKG FIN/HLDGS USA                                                    | Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc                           | CUSIP: 03969AAR1<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    485000 | PA      | $366339.90    | 0.14%             | 2027-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P                                              | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137B3NZ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1170000 | PA      | $5052.53      | 0.00%             | 2041-07-25      | Variable      | 1.66%                 | No            |                  2 | On Loan: No      |
| Bombardier Capital Mortgage Se                                              | BCMSC Trust 1999-B                                                               | CUSIP: 09774XBC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    997492 | PA      | $142300.70    | 0.05%             | 2029-12-15      | Variable      | 6.97%                 | No            |                  2 | On Loan: No      |
| CIT Mortgage Loan Trust                                                     | CIT Mortgage Loan Trust 2007-1                                                   | CUSIP: 12559QAH5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1046000 | PA      | $894533.13    | 0.33%             | 2037-10-25      | Floating      | 6.14%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                                                  | Progress Residential 2021-SFR2 Trust                                             | CUSIP: 74333DAS3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    819000 | PA      | $699811.91    | 0.26%             | 2038-04-19      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CIM Trust                                                                   | CIM Trust 2022-NR1                                                               | CUSIP: 12569PAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    348973 | PA      | $317207.21    | 0.12%             | 2062-07-25      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                                              | Alternative Loan Trust 2005-74T1                                                 | CUSIP: 12668AL78<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    502003 | PA      | $321466.10    | 0.12%             | 2036-01-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                                       | Tenet Healthcare Corp                                                            | CUSIP: 88033GDJ6<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    415000 | PA      | $373163.85    | 0.14%             | 2028-10-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                                                        | Colombia Government International Bond                                           | CUSIP: 195325EF8<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    200000 | PA      | $201000.00    | 0.07%             | 2033-04-20      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Structured Adjustable Rate Mor                                              | Structured Adjustable Rate Mortgage Loan Trust                                   | CUSIP: 86359BGF2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1289 | PA      | $1204.03      | 0.00%             | 2034-02-25      | Variable      | 3.78%                 | No            |                  2 | On Loan: No      |
| Flatiron CLO Ltd                                                            | Flatiron CLO 21 Ltd                                                              | CUSIP: 33883PAC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1290360 | PA      | $1251520.16   | 0.46%             | 2034-07-19      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| HEALTHCARE RLTY HLDGS LP                                                    | Healthcare Realty Holdings LP                                                    | CUSIP: 42225UAL8<br>LEI: 549300IYGAS4GE6VDL07 | Long             | DBT              | CORP              | US        |    325000 | PA      | $254382.90    | 0.09%             | 2030-03-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                                              | Morgan Stanley Capital I Trust 2011-C2                                           | CUSIP: 617459AF9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  11239423 | PA      | $44769.99     | 0.02%             | 2044-06-15      | Variable      | 0.44%                 | No            |                  2 | On Loan: No      |
| Stratus CLO                                                                 | Stratus CLO 2021-3 Ltd                                                           | CUSIP: 86315XAG1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    975000 | PA      | $731810.63    | 0.27%             | 2029-12-29      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                                         | COMM 2012-LC4 Mortgage Trust                                                     | CUSIP: 126192AJ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1446787 | PA      | $16.64        | 0.00%             | 2044-12-10      | Variable      | 0.36%                 | No            |                  2 | On Loan: No      |
| Applovin Corporation                                                        | AppLovin Corp                                                                    | CUSIP: 03835EAC8<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | LON              | CORP              | US        |    270089 | PA      | $260776.61    | 0.10%             | 2025-08-15      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P                                              | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137FMCP5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    292901 | PA      | $38561.49     | 0.01%             | 2031-01-25      | Variable      | 4.05%                 | No            |                  2 | On Loan: No      |
| Credit-Based Asset Servicing a                                              | Credit-Based Asset Servicing and Securitization LLC                              | CUSIP: 1248P8AK5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     50955 | PA      | $52416.17     | 0.02%             | 2036-10-25      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| Lehman Mortgage Trust                                                       | Lehman Mortgage Trust 2007-5                                                     | CUSIP: 52521RBU4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    519398 | PA      | $238548.49    | 0.09%             | 2036-10-25      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                     | HCA Inc                                                                          | CUSIP: 404119BZ1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    185000 | PA      | $158436.38    | 0.06%             | 2049-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FIRSTCASH INC                                                               | FirstCash Inc                                                                    | CUSIP: 31944TAA8<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |    475000 | PA      | $425372.44    | 0.16%             | 2030-01-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Fremont Home Loan Trust                                                     | Fremont Home Loan Trust 2005-E                                                   | CUSIP: 35729PNC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     21477 | PA      | $19895.92     | 0.01%             | 2036-01-25      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| Intelsat Jackson Holdings SA                                                | Intelsat Jackson Holdings SA                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1154 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Navient Student Loan Trust                                                  | Navient Student Loan Trust 2018-4                                                | CUSIP: 63941NAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    850000 | PA      | $784992.68    | 0.29%             | 2067-06-27      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| DISCOVER FINANCIAL SVS                                                      | Discover Financial Services                                                      | CUSIP: 254709AK4<br>LEI: Z1YLO2USPORE63VVUL20 | Long             | DBT              | CORP              | US        |    105000 | PA      | $102335.41    | 0.04%             | 2024-11-06      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CATALENT PHARMA SOLUTION                                                    | Catalent Pharma Solutions Inc                                                    | CUSIP: 14879EAH1<br>LEI: 549300HALRZ339MSTH85 | Long             | DBT              | CORP              | US        |    750000 | PA      | $598125.00    | 0.22%             | 2029-02-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                             | CVS Health Corp                                                                  | CUSIP: 126650CZ1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    270000 | PA      | $243977.12    | 0.09%             | 2048-03-25      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Mortgage Backed Se                                              | Wells Fargo Mortgage Backed Securities 2006-AR14 Trust                           | CUSIP: 94984MAP9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     38674 | PA      | $35068.74     | 0.01%             | 2036-10-25      | Variable      | 4.51%                 | No            |                  2 | On Loan: No      |
| Peraton Corp                                                                | Peraton Corp                                                                     | CUSIP: 71360HAB3<br>LEI: 549300EQPCK07ZW63836 | Long             | LON              | CORP              | US        |    265268 | PA      | $259521.39    | 0.10%             | 2028-02-01      | Floating      | 7.98%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                                                | GS Mortgage Securities Trust 2010-C1                                             | CUSIP: 36249KAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5315793 | PA      | $8948.07      | 0.00%             | 2043-08-10      | Variable      | 0.46%                 | No            |                  2 | On Loan: No      |
| AMSR Trust                                                                  | AMSR 2021-SFR3 Trust                                                             | CUSIP: 00180UAH8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    600000 | PA      | $501535.80    | 0.19%             | 2038-10-17      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                       | Wells Fargo & Co                                                                 | CUSIP: 95000U2S1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    745000 | PA      | $658652.21    | 0.24%             | 2028-06-02      | Fixed         | 2.39%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                                              | Government National Mortgage Association                                         | CUSIP: 38376GBQ2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    906777 | PA      | $25051.67     | 0.01%             | 2051-09-16      | Variable      | 0.19%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                                  | US Bancorp                                                                       | CUSIP: 91159HJJ0<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    225000 | PA      | $234241.23    | 0.09%             | 2033-10-21      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| JBS USA/FOOD/FINANCE                                                        | JBS USA LUX SA / JBS USA Food Co / JBS USA Finance Inc                           | CUSIP: 46590XAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    385000 | PA      | $314411.05    | 0.12%             | 2031-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| American Home Mortgage Assets                                               | American Home Mortgage Assets Trust 2006-6                                       | CUSIP: 008684AF9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  22399584 | PA      | $234299.65    | 0.09%             | 2046-12-25      | Variable      | 0.03%                 | No            |                  3 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                                                    | Warnermedia Holdings Inc                                                         | CUSIP: 55903VAQ6<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    425000 | PA      | $312652.41    | 0.12%             | 2052-03-15      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| TRANSMONTAIGE PARTNERS                                                      | TransMontaigne Partners LP / TLP Finance Corp                                    | CUSIP: 89376VAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    725000 | PA      | $627125.00    | 0.23%             | 2026-02-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                                            | CIFC Funding 2018-I Ltd                                                          | CUSIP: 12547WAC8<br>LEI: 635400VBVF8AYJQBI411 | Long             | ABS-CBDO         | CORP              | KY        |    575000 | PA      | $266145.08    | 0.10%             | 2031-04-18      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                                                | Centene Corp                                                                     | CUSIP: 15135BAY7<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    349000 | PA      | $294727.04    | 0.11%             | 2028-07-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| PROLOGIS EURO FINANCE                                                       | Prologis Euro Finance LLC                                                        | CUSIP: 000000000<br>LEI: 549300MI5D1784PRQH06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $73570.62     | 0.03%             | 2035-02-06      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| PIPELINE FUNDING CO LLC                                                     | Pipeline Funding Co LLC                                                          | CUSIP: 724060AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    151585 | PA      | $153167.53    | 0.06%             | 2030-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Astoria Energy LLC                                                          | Astoria Energy LLC                                                               | CUSIP: 04626LAE9<br>LEI: 549300BXD26J7I0IPB62 | Long             | LON              | CORP              | US        |    263934 | PA      | $261074.65    | 0.10%             | 2027-12-10      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                                 | US 5 YEAR TREASURY NOTE                                                          | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |      1064 | NC      | $-87813.65    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| TIME WARNER CABLE LLC                                                       | Time Warner Cable LLC                                                            | CUSIP: 88732JBB3<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |     80000 | PA      | $66690.12     | 0.02%             | 2041-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                       | Wells Fargo & Co                                                                 | CUSIP: 95000U3B7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    305000 | PA      | $289177.93    | 0.11%             | 2033-07-25      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Rent-A-Center Inc                                                           | Rent-A-Center Inc/TX                                                             | CUSIP: 76009WAW0<br>LEI: 529900QUHE15UQNCCJ63 | Long             | LON              | CORP              | US        |    246250 | PA      | $237939.06    | 0.09%             | 2028-02-17      | Floating      | 7.69%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                                                          | Dominican Republic International Bond                                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    200000 | PA      | $170940.00    | 0.06%             | 2030-01-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                            | BAT Capital Corp                                                                 | CUSIP: 05526DBD6<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    150000 | PA      | $117114.32    | 0.04%             | 2037-08-15      | Fixed         | 4.39%                 | No            |                  2 | On Loan: No      |
| BAT INTL FINANCE PLC                                                        | BAT International Finance PLC                                                    | CUSIP: 05530QAN0<br>LEI: 21380041YBGOQDFAC823 | Long             | DBT              | CORP              | GB        |     83000 | PA      | $73636.64     | 0.03%             | 2026-03-25      | Fixed         | 1.67%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                                                   | Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18                      | CUSIP: 61763XAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     92484 | PA      | $611.72       | 0.00%             | 2047-10-15      | Variable      | 0.60%                 | No            |                  2 | On Loan: No      |
| BX Trust 2019-OC11                                                          | BX Trust 2019-OC11                                                               | CUSIP: 05606FAN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    670000 | PA      | $521528.40    | 0.19%             | 2041-12-09      | Variable      | 3.94%                 | No            |                  2 | On Loan: No      |
| American Money Management Corp                                              | Ammc Clo 19 Ltd                                                                  | CUSIP: 00176PAJ1<br>LEI: 549300MYS7FLQJZMYD18 | Long             | ABS-CBDO         | CORP              | KY        |      3412 | PA      | $3409.74      | 0.00%             | 2028-10-16      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                                                    | JP Morgan Mortgage Trust 2007-S1                                                 | CUSIP: 46630RAQ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    358357 | PA      | $161682.93    | 0.06%             | 2037-03-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                        | Bank of America Corp                                                             | CUSIP: 06051GHD4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    310000 | PA      | $281299.78    | 0.10%             | 2028-12-20      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                                                | CSMC Mortgage-Backed Trust 2006-7                                                | CUSIP: 22942KBV1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    415156 | PA      | $197551.75    | 0.07%             | 2036-08-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA                                                    | Republic of South Africa Government International Bond                           | CUSIP: 836205AU8<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    200000 | PA      | $178860.00    | 0.07%             | 2028-10-12      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Trugreen Limited Partnership                                                | TruGreen LP                                                                      | CUSIP: 89787RAH5<br>LEI: 549300QNRP2MNHR3QM19 | Long             | LON              | CORP              | US        |     10867 | PA      | $9678.33      | 0.00%             | 2027-11-02      | Floating      | 8.38%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank Commercial Mortg                                              | DBJPM 16-C1 Mortgage Trust                                                       | CUSIP: 23312LAW8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8792493 | PA      | $294424.54    | 0.11%             | 2049-05-10      | Variable      | 1.37%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Acquisition                                              | JP Morgan Mortgage Acquisition Trust 2006-CW2                                    | CUSIP: 46629BAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    279543 | PA      | $213279.54    | 0.08%             | 2036-08-25      | Variable      | 6.34%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                              | Morgan Stanley                                                                   | CUSIP: 61747YEG6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    495000 | PA      | $456164.45    | 0.17%             | 2025-10-21      | Fixed         | 1.16%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                         | JPMorgan Chase & Co                                                              | CUSIP: 46647PBT2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    270000 | PA      | $238095.37    | 0.09%             | 2026-11-19      | Fixed         | 1.04%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                                              | Government National Mortgage Association                                         | CUSIP: 38378BT58<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    270370 | PA      | $2454.06      | 0.00%             | 2053-01-16      | Variable      | 0.34%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P                                              | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137BHXK8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  27344092 | PA      | $209570.59    | 0.08%             | 2025-01-25      | Variable      | 0.42%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                                                          | Vodafone Group PLC                                                               | CUSIP: 92857WBM1<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $265676.90    | 0.10%             | 2048-05-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                                         | COMM 2015-CCRE25 Mortgage Trust                                                  | CUSIP: 12593PAX0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8028144 | PA      | $137935.15    | 0.05%             | 2048-08-10      | Variable      | 0.80%                 | No            |                  2 | On Loan: No      |
| Voya CLO Ltd                                                                | Voya CLO 2018-4 Ltd                                                              | CUSIP: 92917WAY4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $240299.50    | 0.09%             | 2032-01-15      | Floating      | 5.73%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                     | HCA Inc                                                                          | CUSIP: 404119BX6<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     80000 | PA      | $73202.69     | 0.03%             | 2029-06-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HLDGS                                                    | Santander UK Group Holdings PLC                                                  | CUSIP: 80281LAH8<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |     35000 | PA      | $34997.93     | 0.01%             | 2024-01-05      | Fixed         | 3.37%                 | No            |                  2 | On Loan: No      |
| Precision Medicine Group LLC                                                | Precision Medicine Group LLC                                                     | CUSIP: 74028HAF2<br>LEI: 5493005RG0LYTBKL8W81 | Long             | LON              | CORP              | US        |     17231 | PA      | $16067.69     | 0.01%             | 2027-11-18      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| HarborView Mortgage Loan Trust                                              | HarborView Mortgage Loan Trust 2006-5                                            | CUSIP: 41161MAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2704083 | PA      | $27.18        | 0.00%             | 2046-07-19      | Variable      | 0.06%                 | No            |                  3 | On Loan: No      |
| GoldenTree Loan Management US                                               | Goldentree Loan Management US Clo 8 Ltd                                          | CUSIP: 38136NAQ9<br>LEI: 549300LOEERRNVSKVY31 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $243858.25    | 0.09%             | 2034-10-20      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| NETFLIX INC                                                                 | Netflix Inc                                                                      | CUSIP: 000000000<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105156.14    | 0.04%             | 2029-05-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Preston Ridge Partners Mortgag                                              | PRPM 2021-1 LLC                                                                  | CUSIP: 693577AA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    945878 | PA      | $861582.30    | 0.32%             | 2026-01-25      | Variable      | 2.12%                 | No            |                  2 | On Loan: No      |
| CABLE ONE INC                                                               | Cable One Inc                                                                    | CUSIP: 12685JAC9<br>LEI: 549300648QS85T0XSH18 | Long             | DBT              | CORP              | US        |     60000 | PA      | $47625.00     | 0.02%             | 2030-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                                              | Alternative Loan Trust 2005-86CB                                                 | CUSIP: 12668BFA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    568449 | PA      | $354018.18    | 0.13%             | 2036-02-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                        | Bank of America Corp                                                             | CUSIP: 060505GB4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    100000 | PA      | $85260.06     | 0.03%             | N/A             | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P                                              | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137B8G68<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    390000 | PA      | $8264.90      | 0.00%             | 2042-01-25      | Variable      | 2.21%                 | No            |                  2 | On Loan: No      |
| CANO HEALTH LLC                                                             | Cano Health LLC                                                                  | CUSIP: 13782CAA8<br>LEI: 254900OGI2T8V1NXN639 | Long             | DBT              | CORP              | US        |    290000 | PA      | $176900.00    | 0.07%             | 2028-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NIAGARA MOHAWK POWER                                                        | Niagara Mohawk Power Corp                                                        | CUSIP: 65364UAS5<br>LEI: 3T97Y9RR5EN5Y18QHB56 | Long             | DBT              | CORP              | US        |    365000 | PA      | $366633.14    | 0.14%             | 2052-09-16      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| PROLOGIS EURO FINANCE                                                       | Prologis Euro Finance LLC                                                        | CUSIP: 000000000<br>LEI: 549300MI5D1784PRQH06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $76084.53     | 0.03%             | 2032-02-16      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                         | American Express Co                                                              | CUSIP: 025816CS6<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    190000 | PA      | $173094.13    | 0.06%             | 2027-03-04      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                 | Oracle Corp                                                                      | CUSIP: 68389XCE3<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     65000 | PA      | $53968.13     | 0.02%             | 2031-03-25      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| GLOBAL PART/GLP FINANCE                                                     | Global Partners LP / GLP Finance Corp                                            | CUSIP: 37954FAJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    430000 | PA      | $394469.10    | 0.15%             | 2029-01-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Starfruit Finco BV                                                          | Nouryon USA LLC                                                                  | CUSIP: 000000000<br>LEI: 549300K7VB5G6LULFT41 | Long             | LON              | CORP              | US        |    308105 | PA      | $304484.58    | 0.11%             | 2025-10-01      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| SPECTRUM BRANDS INC                                                         | Spectrum Brands Inc                                                              | CUSIP: 84762LAW5<br>LEI: 549300VU3EH2E73C1Q04 | Long             | DBT              | CORP              | US        |    425000 | PA      | $377187.50    | 0.14%             | 2030-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Soundview Home Equity Loan Tru                                              | Soundview Home Loan Trust 2007-OPT2                                              | CUSIP: 83613DAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    288567 | PA      | $230741.58    | 0.09%             | 2037-07-25      | Floating      | 4.64%                 | No            |                  2 | On Loan: No      |
| Nelnet Student Loan Trust                                                   | Nelnet Student Loan Trust 2015-3                                                 | CUSIP: 64033TAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    630000 | PA      | $607042.05    | 0.22%             | 2054-06-25      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| Park Place Securities Inc                                                   | Park Place Securities Inc Asset-Backed Pass-Through Certificates Series 2005-WCH | CUSIP: 70069FFL6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      7713 | PA      | $7506.30      | 0.00%             | 2036-01-25      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| Preston Ridge Partners Mortgag                                              | PRPM 2021-9 LLC                                                                  | CUSIP: 69360XAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    437888 | PA      | $397727.21    | 0.15%             | 2026-10-25      | Variable      | 2.36%                 | No            |                  2 | On Loan: No      |
| HEALTHCARE RLTY HLDGS LP                                                    | Healthcare Realty Holdings LP                                                    | CUSIP: 42225UAK0<br>LEI: 549300IYGAS4GE6VDL07 | Long             | DBT              | CORP              | US        |    150000 | PA      | $133271.33    | 0.05%             | 2028-01-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                   | Boeing Co/The                                                                    | CUSIP: 097023DE2<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    340000 | PA      | $325484.00    | 0.12%             | 2024-02-04      | Fixed         | 1.43%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                            | CSC Holdings LLC                                                                 | CUSIP: 126307AZ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    147000 | PA      | $120483.41    | 0.04%             | 2029-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MOLINA HEALTHCARE INC                                                       | Molina Healthcare Inc                                                            | CUSIP: 60855RAJ9<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |     74000 | PA      | $67565.43     | 0.03%             | 2028-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                                         | Global Payments Inc                                                              | CUSIP: 37940XAR3<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    183000 | PA      | $166707.96    | 0.06%             | 2052-08-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans                                                      | CHL Mortgage Pass-Through Trust 2007-14                                          | CUSIP: 12544DAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     22726 | PA      | $12971.05     | 0.00%             | 2037-09-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Lehman ABS Manufactured Housin                                              | Lehman ABS Manufactured Housing Contract Trust 2001-B                            | CUSIP: 52519SAL7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    764171 | PA      | $757625.18    | 0.28%             | 2040-04-15      | Variable      | 6.63%                 | No            |                  2 | On Loan: No      |
| HERTZ CORP/THE                                                              | Hertz Corp/The                                                                   | CUSIP: 428040DB2<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |    650000 | PA      | $494747.50    | 0.18%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                           | HSBC Holdings PLC                                                                | CUSIP: 404280CY3<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    500000 | PA      | $383862.26    | 0.14%             | 2032-11-22      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HLDGS                                                    | Santander UK Group Holdings PLC                                                  | CUSIP: 80281LAQ8<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |    325000 | PA      | $276002.86    | 0.10%             | 2027-06-14      | Fixed         | 1.67%                 | No            |                  2 | On Loan: No      |
| NGL ENRGY OP/FIN CORP                                                       | NGL Energy Operating LLC / NGL Energy Finance Corp                               | CUSIP: 62922LAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    294000 | PA      | $262107.17    | 0.10%             | 2026-02-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| VONOVIA SE                                                                  | Vonovia SE                                                                       | CUSIP: 000000000<br>LEI: 5299005A2ZEP6AP7KM81 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $59261.80     | 0.02%             | 2041-06-14      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| First Horizon Alternative Mort                                              | First Horizon Alternative Mortgage Securities Trust 2007-FA1                     | CUSIP: 32053DAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    602450 | PA      | $286803.03    | 0.11%             | 2037-03-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II                                                     | GLP Capital LP / GLP Financing II Inc                                            | CUSIP: 361841AQ2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      3000 | PA      | $2560.31      | 0.00%             | 2031-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN ASSETS TRUST LP                                                    | American Assets Trust LP                                                         | CUSIP: 02401LAA2<br>LEI: 549300V1TI0SMG9Z6U69 | Long             | DBT              | CORP              | US        |    500000 | PA      | $396931.94    | 0.15%             | 2031-02-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                                                      | VICI Properties LP / VICI Note Co Inc                                            | CUSIP: 92564RAH8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     65000 | PA      | $62057.13     | 0.02%             | 2026-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                                              | Alternative Loan Trust 2005-55CW                                                 | CUSIP: 12668AMX0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    198770 | PA      | $137974.04    | 0.05%             | 2035-11-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WF-RBS COMMERCIAL MORTGAGE TRU                                              | WFRBS Commercial Mortgage Trust 2014-C22                                         | CUSIP: 92890KBD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1776011 | PA      | $16963.39     | 0.01%             | 2057-09-15      | Variable      | 0.78%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF CHILE                                                           | Chile Government International Bond                                              | CUSIP: 168863DN5<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    400000 | PA      | $328640.00    | 0.12%             | 2032-01-27      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| UNIFRAX ESCROW ISS CORP                                                     | ASP Unifrax Holdings Inc                                                         | CUSIP: 90473LAA0<br>LEI: 549300RRU6BWJLD0YT71 | Long             | DBT              | CORP              | US        |    265000 | PA      | $213614.67    | 0.08%             | 2028-09-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Crown Finance US Inc                                                        | Crown Finance US Inc                                                             | CUSIP: 22834KAL5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    455209 | PA      | $448287.78    | 0.17%             | 2023-09-07      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| PARK AEROSPACE HOLDINGS                                                     | Park Aerospace Holdings Ltd                                                      | CUSIP: 70014LAC4<br>LEI: 635400CPI3EOIFF6OC33 | Long             | DBT              | CORP              | KY        |     30000 | PA      | $29928.19     | 0.01%             | 2023-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                                  | US Bancorp                                                                       | CUSIP: 902973BC9<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    105000 | PA      | $86476.32     | 0.03%             | N/A             | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor                                              | JP Morgan Chase Commercial Mortgage Securities Trust 2012-CIBX                   | CUSIP: 46637WAL7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  54919328 | PA      | $1198768.11   | 0.44%             | 2045-06-15      | Variable      | 0.44%                 | No            |                  2 | On Loan: No      |
| Residential Asset Securitizati                                              | Residential Asset Securitization Trust 2006-A16                                  | CUSIP: 76114GAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    329926 | PA      | $153899.31    | 0.06%             | 2037-02-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae or Freddie Mac                                                   | Fannie Mae or Freddie Mac                                                        | CUSIP: 01F042616<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   9475000 | PA      | $9123717.98   | 3.38%             | 2053-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                          | Energy Transfer LP                                                               | CUSIP: 29278NAR4<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    560000 | PA      | $452802.08    | 0.17%             | 2050-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IMPERIAL BRANDS FIN PLC                                                     | Imperial Brands Finance PLC                                                      | CUSIP: 45262BAF0<br>LEI: 2138008L3B3MCG1DFS50 | Long             | DBT              | CORP              | GB        |    195000 | PA      | $194168.25    | 0.07%             | 2027-07-27      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Taurus CMBS                                                                 | Taurus 2021-1 UK DAC                                                             | CUSIP: 000000000<br>LEI: 635400SG2ZVJCYHITE32 | Long             | ABS-MBS          | CORP              | IE        |    471537 | PA      | $527581.26    | 0.20%             | 2031-05-17      | Floating      | 5.85%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Secu                                              | JPMBB Commercial Mortgage Securities Trust 2015-C31                              | CUSIP: 46644YAX8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6426206 | PA      | $112526.71    | 0.04%             | 2048-08-15      | Variable      | 0.82%                 | No            |                  2 | On Loan: No      |
| SMRT                                                                        | SMRT 2022-MINI                                                                   | CUSIP: 78457JAQ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    570000 | PA      | $521344.34    | 0.19%             | 2039-01-15      | Floating      | 7.69%                 | No            |                  2 | On Loan: No      |
| WASH MULTIFAM ACQ INC                                                       | WASH Multifamily Acquisition Inc                                                 | CUSIP: 93710WAA3<br>LEI: 549300AS7PRY5PHG6L12 | Long             | DBT              | CORP              | US        |    225000 | PA      | $212333.18    | 0.08%             | 2026-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FARMERS INS EXCH                                                            | Farmers Insurance Exchange                                                       | CUSIP: 309601AE2<br>LEI: 549300UWG2TLX1GZVT44 | Long             | DBT              | CORP              | US        |    135000 | PA      | $108732.75    | 0.04%             | 2057-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                                              | Wells Fargo Commercial Mortgage Trust 2016-C34                                   | CUSIP: 95000DBG5<br>LEI: 549300FWFHJGIW2B2U59 | Long             | ABS-MBS          | CORP              | US        |   6050173 | PA      | $261701.46    | 0.10%             | 2049-06-15      | Variable      | 2.06%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                                            | CIFC Funding 2017-IV Ltd                                                         | CUSIP: 12551JAN6<br>LEI: 254900JEH56UBUEZJW15 | Long             | ABS-CBDO         | CORP              | KY        |    575000 | PA      | $554495.50    | 0.21%             | 2030-10-24      | Floating      | 5.87%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P                                              | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137BLN38<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2925000 | PA      | $103557.61    | 0.04%             | 2043-10-25      | Variable      | 1.55%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO VI Ltd.                                                         | Elmwood CLO VI Ltd                                                               | CUSIP: 29001VAN9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    440000 | PA      | $420499.20    | 0.16%             | 2034-10-20      | Floating      | 5.89%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                                                | GS Mortgage Securities Trust 2015-GC34                                           | CUSIP: 36250VAF9<br>LEI: 54930070360RBP384M53 | Long             | ABS-MBS          | CORP              | US        |   5329920 | PA      | $142482.63    | 0.05%             | 2048-10-10      | Variable      | 1.20%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P                                              | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137BQYW1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   6243936 | PA      | $377801.84    | 0.14%             | 2044-06-25      | Variable      | 2.11%                 | No            |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                                                     | Dryden 72 CLO Ltd                                                                | CUSIP: 26252NAQ2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    925000 | PA      | $893184.63    | 0.33%             | 2032-05-15      | Floating      | 6.26%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                                                               | United States Treasury Bill                                                      | CUSIP: 912796ZE2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12095000 | PA      | $11901590.06  | 4.41%             | 2023-05-11      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| REPUBLIC OF PANAMA                                                          | Panama Government International Bond                                             | CUSIP: 698299BK9<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    200000 | PA      | $172696.77    | 0.06%             | 2030-01-23      | Fixed         | 3.16%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                                                         | Freddie Mac STACR REMIC Trust 2022-DNA1                                          | CUSIP: 35564KQC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $905907.55    | 0.34%             | 2042-01-25      | Floating      | 6.43%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                                              | Alternative Loan Trust 2004-30CB                                                 | CUSIP: 12667FG41<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1101790 | PA      | $1007279.20   | 0.37%             | 2035-02-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PRIME HEALTHCARE SERVICE                                                    | Prime Healthcare Services Inc                                                    | CUSIP: 74165HAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    450000 | PA      | $379687.50    | 0.14%             | 2025-11-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch Mortgage Investo                                              | Merrill Lynch Mortgage Investors Trust Series 2006-HE6                           | CUSIP: 59023XAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    813479 | PA      | $264612.78    | 0.10%             | 2037-11-25      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| First Franklin Mtg Loan Asset                                               | First Franklin Mortgage Loan Trust 2006-FF13                                     | CUSIP: 30247DAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    387399 | PA      | $264443.76    | 0.10%             | 2036-10-25      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| National CineMedia LLC                                                      | National CineMedia LLC                                                           | CUSIP: 63530VAL2<br>LEI: 7LJEQIVQVLNGS4X6T547 | Long             | LON              | CORP              | US        |    246250 | PA      | $65461.87     | 0.02%             | 2024-12-20      | Floating      | 12.50%                | No            |                  3 | On Loan: No      |
| ACRISURE LLC / FIN INC                                                      | Acrisure LLC / Acrisure Finance Inc                                              | CUSIP: 00489LAF0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    175000 | PA      | $145665.85    | 0.05%             | 2029-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                          | Energy Transfer LP                                                               | CUSIP: 29273VAJ9<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    733000 | PA      | $547001.25    | 0.20%             | N/A             | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                                         | COMM 2012-CCRE3 Mortgage Trust                                                   | CUSIP: 12624PAF2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    127646 | PA      | $325.40       | 0.00%             | 2045-10-15      | Variable      | 1.53%                 | No            |                  2 | On Loan: No      |
| FirstKey Homes 2021-SFR3 Trus                                               | FirstKey Homes 2021-SFR3 Trust                                                   | CUSIP: 33768JAJ0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    944000 | PA      | $805496.70    | 0.30%             | 2038-12-17      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF TURKEY                                                          | Turkey Government International Bond                                             | CUSIP: 900123CA6<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    200000 | PA      | $200000.00    | 0.07%             | 2023-03-23      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| EagleView Technology Corportion                                             | EagleView Technology Corp                                                        | CUSIP: 27004GAJ2<br>LEI: 549300HLIL8HO4PPLG50 | Long             | LON              | CORP              | US        |    269388 | PA      | $237524.57    | 0.09%             | 2025-08-14      | Floating      | 8.23%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                     | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GZE7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    455000 | PA      | $439346.50    | 0.16%             | 2023-12-06      | Fixed         | 1.22%                 | No            |                  2 | On Loan: No      |
| Curia Global INC                                                            | Curia Global Inc                                                                 | CUSIP: 000000000<br>LEI: CHZJRCSC4ACUSUD2MV11 | Long             | LON              | CORP              | US        |    392450 | PA      | $325121.67    | 0.12%             | 2026-08-30      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE                                                    | Rockies Express Pipeline LLC                                                     | CUSIP: 77340RAR8<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |    215000 | PA      | $196400.49    | 0.07%             | 2029-07-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Securitized Asset Backed Recei                                              | Securitized Asset Backed Receivables LLC Trust 2007-NC1                          | CUSIP: 81378AAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    908779 | PA      | $563505.50    | 0.21%             | 2036-12-25      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| EVERI HOLDINGS INC                                                          | Everi Holdings Inc                                                               | CUSIP: 30034TAA1<br>LEI: 5299006DK5S7BG10K532 | Long             | DBT              | CORP              | US        |    350000 | PA      | $303187.50    | 0.11%             | 2029-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                                                    | Warnermedia Holdings Inc                                                         | CUSIP: 55903VAN3<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    480000 | PA      | $369617.78    | 0.14%             | 2042-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| FREEPORT INDONESIA PT                                                       | Freeport Indonesia PT                                                            | CUSIP: 69377FAA4<br>LEI: 549300T4HTQHRKLNE619 | Long             | DBT              | CORP              | ID        |    200000 | PA      | $192750.00    | 0.07%             | 2027-04-14      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                                              | Wells Fargo Commercial Mortgage Trust 2015-LC20                                  | CUSIP: 94989EAQ0<br>LEI: 549300W6NRTMFPYUPG47 | Long             | ABS-MBS          | CORP              | US        |    415000 | PA      | $12526.82     | 0.00%             | 2050-04-15      | Variable      | 1.74%                 | No            |                  2 | On Loan: No      |
| TEACHERS INSUR & ANNUITY                                                    | Teachers Insurance & Annuity Association of America                              | CUSIP: 878091BE6<br>LEI: O06XD7BJ4EPXNABVFN69 | Long             | DBT              | CORP              | US        |     65000 | PA      | $62361.89     | 0.02%             | 2054-09-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PERU                                                            | Peruvian Government International Bond                                           | CUSIP: 715638DA7<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    450000 | PA      | $381646.13    | 0.14%             | 2030-06-20      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                                         | COMM 2014-CCRE19 Mortgage Trust                                                  | CUSIP: 12592GAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1200000 | PA      | $13032.06     | 0.00%             | 2047-08-10      | Variable      | 0.78%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In                                              | RALI Series 2005-QS14 Trust                                                      | CUSIP: 761118JL3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    137819 | PA      | $117568.97    | 0.04%             | 2035-09-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Oakwood Mortgage Investors Inc                                              | Oakwood Mortgage Investors Inc                                                   | CUSIP: 67087TAK7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    368170 | PA      | $310863.77    | 0.12%             | 2027-08-15      | Fixed         | 7.47%                 | No            |                  2 | On Loan: No      |
| LXP INDUSTRIAL TRUST                                                        | LXP Industrial Trust                                                             | CUSIP: 529043AE1<br>LEI: 549300S4MH2ICXDBFV43 | Long             | DBT              | CORP              | US        |    160000 | PA      | $127841.76    | 0.05%             | 2030-09-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Naked Juice LLC                                                             | Naked Juice LLC                                                                  | CUSIP: 62984CAD5<br>LEI: 549300Y5TU1XQ1KVLJ64 | Long             | LON              | CORP              | US        |    248750 | PA      | $223702.12    | 0.08%             | 2029-01-24      | Floating      | 7.59%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor                                              | JP Morgan Chase Commercial Mortgage Securities Trust 2013-LC11                   | CUSIP: 46639YAS6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1731668 | PA      | $473.52       | 0.00%             | 2046-04-15      | Variable      | 1.22%                 | No            |                  2 | On Loan: No      |
| IMPERIAL BRANDS FIN PLC                                                     | Imperial Brands Finance PLC                                                      | CUSIP: 453140AF2<br>LEI: 2138008L3B3MCG1DFS50 | Long             | DBT              | CORP              | GB        |    160000 | PA      | $153033.78    | 0.06%             | 2025-07-21      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                               | Citigroup Inc                                                                    | CUSIP: 172967MY4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    240000 | PA      | $190043.71    | 0.07%             | 2032-05-01      | Fixed         | 2.56%                 | No            |                  2 | On Loan: No      |
| Citimortgage Alternative Loan                                               | CitiMortgage Alternative Loan Trust Series 2007-A5                               | CUSIP: 12566WAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    917135 | PA      | $825951.81    | 0.31%             | 2037-05-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                    | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175BL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    141000 | PA      | $111777.29    | 0.04%             | 2047-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                              | Morgan Stanley                                                                   | CUSIP: 6174468X0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    775000 | PA      | $583756.43    | 0.22%             | 2032-04-28      | Fixed         | 1.93%                 | No            |                  2 | On Loan: No      |
| ASCENDAS REIT                                                               | CapitaLand Ascendas REIT                                                         | CUSIP: 000000000<br>LEI: 549300ILIBAEMQZK3L20 | Long             | DBT              | CORP              | SG        |    100000 | PA      | $83773.25     | 0.03%             | 2028-06-23      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                               | Citigroup Inc                                                                    | CUSIP: 172967MS7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    375000 | PA      | $304123.69    | 0.11%             | 2031-06-03      | Fixed         | 2.57%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                    | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175BU7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    140000 | PA      | $109191.87    | 0.04%             | 2031-04-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                         | Petroleos Mexicanos                                                              | CUSIP: 71654QCC4<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |     15000 | PA      | $9604.26      | 0.00%             | 2047-09-21      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Acquisition                                              | JP Morgan Mortgage Acquisition Trust 2006-WF1                                    | CUSIP: 46628SAH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1731055 | PA      | $493175.53    | 0.18%             | 2036-07-25      | Variable      | 6.91%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN PROTEUS LTD                                                      | Transocean Proteus Ltd                                                           | CUSIP: 893829AA9<br>LEI: 5493000CTMQ2LH21VM89 | Long             | DBT              | CORP              | KY        |    644000 | PA      | $635385.45    | 0.24%             | 2024-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch First Franklin M                                              | Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-3                   | CUSIP: 59024VAF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    517783 | PA      | $318228.55    | 0.12%             | 2037-06-25      | Floating      | 4.65%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / FIN INC                                                      | Acrisure LLC / Acrisure Finance Inc                                              | CUSIP: 00489LAH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $321500.00    | 0.12%             | 2029-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Nationstar Home Equity Loan Tr                                              | Nationstar Home Equity Loan Trust 2007-C                                         | CUSIP: 63860KAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     20553 | PA      | $19905.62     | 0.01%             | 2037-06-25      | Floating      | 4.64%                 | No            |                  2 | On Loan: No      |
| MACQUARIE GROUP LTD                                                         | Macquarie Group Ltd                                                              | CUSIP: 55608JAZ1<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | CORP              | AU        |    375000 | PA      | $288607.87    | 0.11%             | 2033-01-14      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| Bear Stearns Alt-A Trust                                                    | Bear Stearns ALT-A Trust 2005-7                                                  | CUSIP: 07386HVS7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    147324 | PA      | $91576.92     | 0.03%             | 2035-09-25      | Variable      | 3.73%                 | No            |                  2 | On Loan: No      |
| Rockford Tower CLO Ltd                                                      | Rockford Tower CLO 2017-2 Ltd                                                    | CUSIP: 77340GAJ0<br>LEI: 549300G18KVCW7VUKI86 | Long             | ABS-CBDO         | CORP              | KY        |     53689 | PA      | $52987.78     | 0.02%             | 2029-10-15      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor                                              | JP Morgan Chase Commercial Mortgage Securities Trust 2020-NNN                    | CUSIP: 46652BBC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1450000 | PA      | $12591.66     | 0.00%             | 2037-01-16      | Variable      | 0.57%                 | No            |                  2 | On Loan: No      |
| Preston Ridge Partners Mortgag                                              | PRPM 2021-8 LLC                                                                  | CUSIP: 69360MAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    651985 | PA      | $587406.97    | 0.22%             | 2026-09-25      | Variable      | 1.74%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                 | Oracle Corp                                                                      | CUSIP: 68389XBP9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    355000 | PA      | $279585.54    | 0.10%             | 2037-11-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust                                               | UBS Commercial Mortgage Trust 2017-C4                                            | CUSIP: 90276RBF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8278237 | PA      | $320421.76    | 0.12%             | 2050-10-15      | Variable      | 1.09%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                       | Athene Global Funding                                                            | CUSIP: 04685A3G4<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |     95000 | PA      | $78599.30     | 0.03%             | 2029-01-07      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| Pretium Mortgage Credit Partne                                              | PRET 2022-RN2 LLC                                                                | CUSIP: 69377NAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    698558 | PA      | $650500.74    | 0.24%             | 2052-06-25      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| GEN DIGITAL INC                                                             | Gen Digital Inc                                                                  | CUSIP: 668771AK4<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |    360000 | PA      | $353871.86    | 0.13%             | 2027-09-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| INVITATION HOMES OP                                                         | Invitation Homes Operating Partnership LP                                        | CUSIP: 46188BAA0<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              | CORP              | US        |    170000 | PA      | $125624.58    | 0.05%             | 2031-08-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                                                       | Duke Energy Carolinas LLC                                                        | CUSIP: 26442CAN4<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    250000 | PA      | $207269.39    | 0.08%             | 2042-09-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Banc of America Funding Corpor                                              | Banc of America Funding 2015-R4 Trust                                            | CUSIP: 05990RAP6<br>LEI: 549300R847L762RQF071 | Long             | ABS-MBS          | CORP              | US        |      6833 | PA      | $6741.54      | 0.00%             | 2036-10-25      | Floating      | 4.17%                 | No            |                  2 | On Loan: No      |
| HOA Funding LLC                                                             | HOA Funding LLC - HOA                                                            | CUSIP: 40390GAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    878875 | PA      | $660179.88    | 0.24%             | 2051-08-20      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| GSAA Home Equity Trust                                                      | GSAA Home Equity Trust 2007-5                                                    | CUSIP: 3622ECAN6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1987261 | PA      | $127545.59    | 0.05%             | 2037-05-25      | Variable      | 6.44%                 | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV                                                            | ABN AMRO Bank NV                                                                 | CUSIP: 00084DAW0<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |    270000 | PA      | $219220.90    | 0.08%             | 2029-12-13      | Fixed         | 2.47%                 | No            |                  2 | On Loan: No      |
| OMAN GOV INTERNTL BOND                                                      | Oman Government International Bond                                               | CUSIP: 000000000<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |    250000 | PA      | $247325.00    | 0.09%             | 2028-01-17      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                         | Petroleos Mexicanos                                                              | CUSIP: 71654QCL4<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |      5000 | PA      | $3076.29      | 0.00%             | 2048-02-12      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                               | Citigroup Inc                                                                    | CUSIP: 17327CAQ6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    930000 | PA      | $752374.50    | 0.28%             | 2033-01-25      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                                              | Government National Mortgage Association                                         | CUSIP: 38378B7K9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    361649 | PA      | $1271.16      | 0.00%             | 2054-04-16      | Variable      | 0.22%                 | No            |                  2 | On Loan: No      |
| ANNINGTON FUNDING PLC                                                       | Annington Funding PLC                                                            | CUSIP: 000000000<br>LEI: 549300KK63W8VZIONZ83 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $86793.81     | 0.03%             | 2032-10-06      | Fixed         | 2.31%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                                                | CSMC Series 2014-8R                                                              | CUSIP: 12648VAL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1003090 | PA      | $828948.77    | 0.31%             | 2036-02-27      | Variable      | 4.31%                 | No            |                  2 | On Loan: No      |
| ASSUREDPARTNERS INC                                                         | AssuredPartners Inc                                                              | CUSIP: 04624VAB5<br>LEI: 549300HNDSDQWQ3L2P80 | Long             | DBT              | CORP              | US        |    415000 | PA      | $342100.87    | 0.13%             | 2029-01-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In                                              | RALI Series 2006-QS6 Trust                                                       | CUSIP: 74922EAQ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    153982 | PA      | $126629.74    | 0.05%             | 2036-06-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                                                  | Progress Residential 2021-SFR3                                                   | CUSIP: 74333VAQ7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1211000 | PA      | $1031356.14   | 0.38%             | 2026-05-17      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Bluemountain CLO Ltd                                                        | BlueMountain CLO 2018-3 Ltd                                                      | CUSIP: 09630AAG1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $240700.00    | 0.09%             | 2030-10-25      | Floating      | 6.13%                 | No            |                  2 | On Loan: No      |
| FERTITTA ENTERTAINMENT                                                      | Fertitta Entertainment LLC / Fertitta Entertainment Finance Co Inc               | CUSIP: 31556TAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    725000 | PA      | $587503.75    | 0.22%             | 2030-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                       | Athene Global Funding                                                            | CUSIP: 04685A3L3<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    130000 | PA      | $116058.12    | 0.04%             | 2027-03-08      | Fixed         | 3.21%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                     | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GYL2<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    130000 | PA      | $124580.31    | 0.05%             | 2024-10-21      | Fixed         | 0.93%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                                              | Alternative Loan Trust 2006-19CB                                                 | CUSIP: 02147QAQ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    124266 | PA      | $76302.57     | 0.03%             | 2036-08-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                                         | COMM 2012-CCRE4 Mortgage Trust                                                   | CUSIP: 12624QAS2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    196212 | PA      | $8.10         | 0.00%             | 2045-10-15      | Variable      | 1.26%                 | No            |                  2 | On Loan: No      |
| OCP CLO Ltd                                                                 | OCP CLO 2017-14 Ltd                                                              | CUSIP: 67097QAA3<br>LEI: 25490025Q5WQX513IQ05 | Long             | ABS-CBDO         | CORP              | KY        |    325000 | PA      | $320856.25    | 0.12%             | 2030-11-20      | Floating      | 5.83%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                                              | Government National Mortgage Association                                         | CUSIP: 38374EP35<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    292042 | PA      | $22937.31     | 0.01%             | 2033-10-20      | Floating      | 2.25%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                    | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAE5<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |      5000 | PA      | $4473.86      | 0.00%             | 2028-01-23      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                      | Credit Suisse Group AG                                                           | CUSIP: 225401AU2<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |   1160000 | PA      | $806415.19    | 0.30%             | 2032-05-14      | Fixed         | 3.09%                 | No            |                  2 | On Loan: No      |
| CHINA AOYUAN GROUP LTD                                                      | China Aoyuan Group Ltd                                                           | CUSIP: 000000000<br>LEI: 549300YSOKQO5QD6MP25 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $16900.00     | 0.01%             | 2024-02-08      | Fixed         | 6.35%                 | No            |                  3 | On Loan: No      |
| Berry Global Inc                                                            | Berry Global Inc                                                                 | CUSIP: 08579JBG6<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | LON              | CORP              | US        |    352247 | PA      | $350085.72    | 0.13%             | 2026-07-01      | Floating      | 6.02%                 | No            |                  2 | On Loan: No      |
| Citibank, National Association                                              | USD/GBP FORWARD                                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |         1 | NC      | $2372.12      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                                              | Wells Fargo Commercial Mortgage Trust 2014-LC18                                  | CUSIP: 94989AAX3<br>LEI: 5493007CD1Q2V06I4172 | Long             | ABS-MBS          | CORP              | US        |   1354562 | PA      | $22098.15     | 0.01%             | 2047-12-15      | Variable      | 1.01%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                                              | Government National Mortgage Association                                         | CUSIP: 38376GYM6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    125372 | PA      | $122348.73    | 0.05%             | 2044-09-16      | Variable      | 4.56%                 | No            |                  2 | On Loan: No      |
| Ingram Micro Inc                                                            | Ingram Micro Inc                                                                 | CUSIP: 45258FAB6<br>LEI: 549300KJMEWPKRQZHX63 | Long             | LON              | CORP              | US        |     10867 | PA      | $10731.42     | 0.00%             | 2028-06-30      | Floating      | 8.23%                 | No            |                  2 | On Loan: No      |
| Conseco Financial Corp                                                      | Conseco Finance Corp                                                             | CUSIP: 393505PD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    275559 | PA      | $276745.92    | 0.10%             | 2027-09-15      | Variable      | 7.95%                 | No            |                  2 | On Loan: No      |
| Vericrest Opportunity Loan Tra                                              | VOLT XCVI LLC                                                                    | CUSIP: 92873FAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    930000 | PA      | $770997.81    | 0.29%             | 2051-03-27      | Variable      | 4.83%                 | No            |                  2 | On Loan: No      |
| INTELSAT JACKSON HLDG                                                       | Intelsat Jackson Holdings SA                                                     | CUSIP: 000000000<br>LEI: 8XJ8KF85PBKK1TLMFN29 | Long             | DBT              | CORP              | LU        |    360000 | PA      | $0.00         | 0.00%             | 2025-07-15      | Fixed         | 9.75%                 | No            |                  3 | On Loan: No      |
| MSCG Trust                                                                  | MSCG Trust 2018-SELF                                                             | CUSIP: 55358PAQ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    731097 | PA      | $683305.03    | 0.25%             | 2037-10-15      | Floating      | 7.37%                 | No            |                  2 | On Loan: No      |
| GRIFOLS ESCROW ISSUER                                                       | Grifols Escrow Issuer SA                                                         | CUSIP: 39843UAA0<br>LEI: 959800HLB3PGTGSLVV62 | Long             | DBT              | CORP              | ES        |    715000 | PA      | $619063.77    | 0.23%             | 2028-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MED Trust                                                                   | Med Trust 2021-MDLN                                                              | CUSIP: 58403YBA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    420000 | PA      | $381509.65    | 0.14%             | 2038-11-15      | Floating      | 9.57%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                                            | CIFC Funding 2022-II Ltd                                                         | CUSIP: 12567VAC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    475000 | PA      | $385028.35    | 0.14%             | 2035-04-19      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education                                               | PHEAA Student Loan Trust 2014-3                                                  | CUSIP: 69340JAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     28435 | PA      | $27359.33     | 0.01%             | 2040-08-25      | Floating      | 4.98%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                                              | Carvana Auto Receivables Trust 2021-N3                                           | CUSIP: 14687GAH8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      1500 | PA      | $338777.60    | 0.13%             | 2028-06-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| JETBLUE 2019-1 CLASS AA                                                     | JetBlue 2019-1 Class AA Pass Through Trust                                       | CUSIP: 477143AH4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25976 | PA      | $21415.48     | 0.01%             | 2032-05-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Regatta XII Funding Ltd.                                                    | Regatta XII Funding Ltd                                                          | CUSIP: 75888HAN1<br>LEI: 2549001ZYXDVCT6R4I31 | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $720000.00    | 0.27%             | 2032-10-15      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Secu                                              | JPMBB Commercial Mortgage Securities Trust 2015-C30                              | CUSIP: 46644UAJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  44664247 | PA      | $202434.00    | 0.07%             | 2048-07-15      | Variable      | 0.25%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                                                | CSMC Mortgage-Backed Trust 2006-6                                                | CUSIP: 22942JAH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    370437 | PA      | $198877.32    | 0.07%             | 2036-07-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF POLAND                                                          | Republic of Poland Government International Bond                                 | CUSIP: 857524AE2<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |    125000 | PA      | $133532.88    | 0.05%             | 2032-11-16      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PRESTIGE BRANDS INC                                                         | Prestige Brands Inc                                                              | CUSIP: 74112BAM7<br>LEI: 549300JBVP4J6D42I235 | Long             | DBT              | CORP              | US        |    450000 | PA      | $371675.28    | 0.14%             | 2031-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                              | Morgan Stanley                                                                   | CUSIP: 61747YED3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    160000 | PA      | $122691.00    | 0.05%             | 2032-07-21      | Fixed         | 2.24%                 | No            |                  2 | On Loan: No      |
| Residential Asset Mortgage Pro                                              | RAMP Series 2006-EFC2 Trust                                                      | CUSIP: 749238AD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     42543 | PA      | $41825.15     | 0.02%             | 2036-12-25      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                                            | Connecticut Avenue Securities Trust 2021-R03                                     | CUSIP: 20754AAJ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    485000 | PA      | $417486.20    | 0.15%             | 2041-12-25      | Floating      | 9.43%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd                                                    | Neuberger Berman CLO XVI-S Ltd                                                   | CUSIP: 64131TAN4<br>LEI: 549300UHUHCR3388B324 | Long             | ABS-CBDO         | CORP              | KY        |   1200000 | PA      | $1167670.80   | 0.43%             | 2034-04-15      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| JETBLUE AIRWAYS CORP                                                        | JetBlue 2020-1 Class A Pass Through Trust                                        | CUSIP: 477164AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     65184 | PA      | $57921.07     | 0.02%             | 2032-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                 | Oracle Corp                                                                      | CUSIP: 68389XCK9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    115000 | PA      | $124555.34    | 0.05%             | 2052-11-09      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae or Freddie Mac                                                   | Fannie Mae or Freddie Mac                                                        | CUSIP: 01F030611<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   8900000 | PA      | $7807125.21   | 2.89%             | 2053-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AthenaHealth Group Inc                                                      | AthenaHealth Group Inc                                                           | CUSIP: 04686RAC7<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | LON              | CORP              | US        |    144928 | PA      | $131211.60    | 0.05%             | 2029-02-15      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In                                              | RALI Series 2006-QS6 Trust                                                       | CUSIP: 74922EAB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    604895 | PA      | $497446.52    | 0.18%             | 2036-06-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Natixis Commercial Mortgage Se                                              | Natixis Commercial Mortgage Securities Trust 2018-ALXA                           | CUSIP: 63874GAL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $79468.73     | 0.03%             | 2043-01-15      | Variable      | 4.32%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                    | Lloyds Banking Group PLC                                                         | CUSIP: 53944YAL7<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |     30000 | PA      | $29053.53     | 0.01%             | 2025-07-09      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| HUDSON PACIFIC PROPERTIE                                                    | Hudson Pacific Properties LP                                                     | CUSIP: 44409MAA4<br>LEI: 5493007NTUGLGZ8T3526 | Long             | DBT              | CORP              | US        |    255000 | PA      | $217337.34    | 0.08%             | 2027-11-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In                                              | RALI Series 2005-QS16 Trust                                                      | CUSIP: 761118MG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    438975 | PA      | $376441.56    | 0.14%             | 2035-11-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Horizon Therapeutics USA Inc                                                | Horizon Therapeutics USA Inc                                                     | CUSIP: 44055UAD7<br>LEI: 254900IS87RLPXY88S03 | Long             | LON              | CORP              | US        |    270188 | PA      | $270260.45    | 0.10%             | 2028-03-15      | Floating      | 6.19%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                           | HSBC Holdings PLC                                                                | CUSIP: 404280CM9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    510000 | PA      | $440317.10    | 0.16%             | 2027-05-24      | Fixed         | 1.59%                 | No            |                  2 | On Loan: No      |
| KAZMUNAYGAS NATIONAL CO                                                     | KazMunayGas National Co JSC                                                      | CUSIP: 48126PAA0<br>LEI: 2138001H1M69RFJCSH88 | Long             | DBT              | CORP              | KZ        |    200000 | PA      | $149356.00    | 0.06%             | 2033-04-14      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                              | Morgan Stanley                                                                   | CUSIP: 61747YEL5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    290000 | PA      | $235354.20    | 0.09%             | 2033-01-21      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                         | JPMorgan Chase & Co                                                              | CUSIP: 46647PCC8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    640000 | PA      | $513157.34    | 0.19%             | 2032-04-22      | Fixed         | 2.58%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                                              | Wells Fargo Commercial Mortgage Trust 2014-LC16                                  | CUSIP: 94988XAX4<br>LEI: 549300PX4QZK7CUM8D08 | Long             | ABS-MBS          | CORP              | US        |  15336722 | PA      | $163030.89    | 0.06%             | 2050-08-15      | Variable      | 1.08%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                         | JPMorgan Chase & Co                                                              | CUSIP: 46647PCR5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    200000 | PA      | $158189.73    | 0.06%             | 2032-11-08      | Fixed         | 2.54%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                                                   | MSBAM Commercial Mortgage Securities Trust 2012-CKSV                             | CUSIP: 553514AE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1062218 | PA      | $12913.18     | 0.00%             | 2030-10-15      | Variable      | 1.00%                 | No            |                  2 | On Loan: No      |
| DIRECTV FIN LLC/COINC                                                       | Directv Financing LLC / Directv Financing Co-Obligor Inc                         | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    169000 | PA      | $151783.21    | 0.06%             | 2027-08-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CT Technologies Intermediate Holdings Inc                                   | CT Technologies Intermediate Holdings Inc                                        | CUSIP: 12650JAR7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     73688 | PA      | $67803.92     | 0.03%             | 2025-12-16      | Floating      | 8.63%                 | No            |                  2 | On Loan: No      |
| WF-RBS COMMERCIAL MORTGAGE TRU                                              | WFRBS Commercial Mortgage Trust 2014-LC14                                        | CUSIP: 96221TAH0<br>LEI: 549300QGM7D5K3CV2643 | Long             | ABS-MBS          | CORP              | US        |   9379322 | PA      | $80182.41     | 0.03%             | 2047-03-15      | Variable      | 1.24%                 | No            |                  2 | On Loan: No      |
| OHIO ST HOSP FAC REVENUE                                                    | State of Ohio                                                                    | CUSIP: 677561LK6<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    100000 | PA      | $83590.84     | 0.03%             | 2032-01-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                                                      | Brazilian Government International Bond                                          | CUSIP: 105756CC2<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    200000 | PA      | $173960.00    | 0.06%             | 2030-06-12      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SMITHFIELD FOODS INC                                                        | Smithfield Foods Inc                                                             | CUSIP: 832248BB3<br>LEI: CVTIPZRZJC0JQEZLL598 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4578.09      | 0.00%             | 2029-04-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                    | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAV7<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    123000 | PA      | $107697.45    | 0.04%             | 2026-10-29      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| HERTZ CORP/THE                                                              | Hertz Corp/The                                                                   | CUSIP: 428040DA4<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |     50000 | PA      | $42000.00     | 0.02%             | 2026-12-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| HUNGARY                                                                     | Hungary Government International Bond                                            | CUSIP: 445545AM8<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |    400000 | PA      | $296018.00    | 0.11%             | 2031-09-22      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                                                     | Dryden XXVI Senior Loan Fund                                                     | CUSIP: 26250UAQ8<br>LEI: 549300ENU7ZZLTPT3E22 | Long             | ABS-CBDO         | CORP              | KY        |     57650 | PA      | $56955.27     | 0.02%             | 2029-04-15      | Floating      | 4.98%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                                              | Air Lease Corp                                                                   | CUSIP: 00914AAD4<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24976.54     | 0.01%             | 2023-01-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                                              | Wells Fargo Commercial Mortgage Trust 2015-C31                                   | CUSIP: 94989WAV9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  17324530 | PA      | $370436.56    | 0.14%             | 2048-11-15      | Variable      | 0.95%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO                                                        | Kraft Heinz Foods Co                                                             | CUSIP: 50077LAD8<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    185000 | PA      | $173396.32    | 0.06%             | 2026-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WASTE PRO USA INC                                                           | Waste Pro USA Inc                                                                | CUSIP: 94107JAA1<br>LEI: 549300BY1QXU5BI3UF28 | Long             | DBT              | CORP              | US        |    925000 | PA      | $818958.00    | 0.30%             | 2026-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Preston Ridge Partners Mortgag                                              | PRPM 2021-3 LLC                                                                  | CUSIP: 69357PAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    941834 | PA      | $853125.52    | 0.32%             | 2026-04-25      | Variable      | 1.87%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                              | Morgan Stanley                                                                   | CUSIP: 6174468V4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    145000 | PA      | $127295.86    | 0.05%             | 2026-12-10      | Fixed         | 0.98%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                                                    | Venture Global Calcasieu Pass LLC                                                | CUSIP: 92328MAB9<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |    875000 | PA      | $746887.23    | 0.28%             | 2031-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                                                | CSMC Mortgage-Backed Trust 2007-5                                                | CUSIP: 22944BAJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    172532 | PA      | $95237.26     | 0.04%             | 2037-08-25      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY                                                     | Nationwide Building Society                                                      | CUSIP: 63861VAC1<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |    130000 | PA      | $128329.41    | 0.05%             | 2024-08-01      | Fixed         | 4.36%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                                                    | Intercontinental Exchange Inc                                                    | CUSIP: 45866FAN4<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |    195000 | PA      | $146958.44    | 0.05%             | 2032-09-15      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| DIGITAL DUTCH FINCO BV                                                      | Digital Dutch Finco BV                                                           | CUSIP: 000000000<br>LEI: 549300ONZ5IS6B6IMJ70 | Long             | DBT              | CORP              | NL        |    150000 | PA      | $112110.48    | 0.04%             | 2032-01-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Intelsat Jackson Holdings SA                                                | Intelsat Jackson Holdings SA                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1154 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| ZEP INC                                                                     | ZEP INC                                                                          | CUSIP: 98944EAN2<br>LEI: NU75S1Y8UH3706J5CS61 | Long             | LON              | CORP              | US        |     98930 | PA      | $86266.85     | 0.03%             | 2024-08-12      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                         | Petroleos Mexicanos                                                              | CUSIP: 71654QDE9<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    184000 | PA      | $139913.60    | 0.05%             | 2031-01-28      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| ARTERA SERVICES LLC                                                         | Artera Services LLC                                                              | CUSIP: 73939VAA2<br>LEI: 549300J2G34D0WX8Z443 | Long             | DBT              | CORP              | US        |    669000 | PA      | $561389.17    | 0.21%             | 2025-12-04      | Fixed         | 9.03%                 | No            |                  2 | On Loan: No      |
| Residential Funding Mtg Sec I                                               | RFMSI Series 2006-S10 Trust                                                      | CUSIP: 74958DAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    718384 | PA      | $571929.43    | 0.21%             | 2036-10-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ProAmpac PG Borrower LLC                                                    | Proampac PG Borrower LLC                                                         | CUSIP: 74274NAG8<br>LEI: 549300ZI6LTXYFEY1578 | Long             | LON              | CORP              | US        |    197010 | PA      | $189169.99    | 0.07%             | 2025-11-03      | Floating      | 8.62%                 | No            |                  2 | On Loan: No      |
| WF-RBS COMMERCIAL MORTGAGE TRU                                              | WFRBS Commercial Mortgage Trust 2012-C10                                         | CUSIP: 92890NAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  56000000 | PA      | $772.80       | 0.00%             | 2045-12-15      | Variable      | 0.46%                 | No            |                  2 | On Loan: No      |
| AGL CLO 13 Ltd                                                              | AGL CLO 13 Ltd                                                                   | CUSIP: 00120JAE3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    600000 | PA      | $573686.40    | 0.21%             | 2034-10-20      | Floating      | 5.89%                 | No            |                  2 | On Loan: No      |
| Banc of America Funding Corpor                                              | Banc of America Funding 2014-R7 Trust                                            | CUSIP: 05963SAA0<br>LEI: 549300UKLRORHBR16839 | Long             | ABS-MBS          | CORP              | US        |      3315 | PA      | $3336.59      | 0.00%             | 2036-05-26      | Floating      | 4.54%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                     | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GXM1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4418.70      | 0.00%             | 2026-12-09      | Fixed         | 1.09%                 | No            |                  2 | On Loan: No      |
| Washington Mutual Mortgage Pas                                              | Washington Mutual Mortgage Pass-Through Certificates WMALT Series 2006-2 Trust   | CUSIP: 93934FLW0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     24635 | PA      | $22718.08     | 0.01%             | 2036-03-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Schweitzer-Mauduit International Inc                                        | Mativ Holdings Inc                                                               | CUSIP: 000000000<br>LEI: 549300Z1FU4IDULG1R21 | Long             | LON              | CORP              | US        |    270875 | PA      | $255976.88    | 0.09%             | 2028-04-20      | Floating      | 8.19%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                  | AbbVie Inc                                                                       | CUSIP: 00287YCV9<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9851.35      | 0.00%             | 2024-06-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| SFAVE Commercial Mortgage Secu                                              | SFAVE Commercial Mortgage Securities Trust 2015-5AVE                             | CUSIP: 78413MAE8<br>LEI: 549300FIGODFFTOAAU64 | Long             | ABS-MBS          | CORP              | US        |    460000 | PA      | $316212.14    | 0.12%             | 2043-01-05      | Variable      | 4.14%                 | No            |                  2 | On Loan: No      |
| PIKE CORP                                                                   | Pike Corp                                                                        | CUSIP: 721283AA7<br>LEI: 549300P4EKEP6HK0NC58 | Long             | DBT              | CORP              | US        |    400000 | PA      | $350348.00    | 0.13%             | 2028-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In                                              | RALI Series 2007-QS3 Trust                                                       | CUSIP: 75116BAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    460598 | PA      | $368342.06    | 0.14%             | 2037-02-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                                                      | VICI Properties LP / VICI Note Co Inc                                            | CUSIP: 92564RAK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $4615.86      | 0.00%             | 2028-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                        | Bank of America Corp                                                             | CUSIP: 06051GJQ3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    500000 | PA      | $441775.15    | 0.16%             | 2027-03-11      | Fixed         | 1.66%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                                                       | Mexico Government International Bond                                             | CUSIP: 91087BAE0<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    200000 | PA      | $189380.00    | 0.07%             | 2028-01-11      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                                              | Alternative Loan Trust 2005-46CB                                                 | CUSIP: 12667G6X6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    203528 | PA      | $144121.35    | 0.05%             | 2035-10-25      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DCG Acquisition Corp                                                        | DCG Acquisition Corp                                                             | CUSIP: 23308UAG9<br>LEI: 549300MEVHE2MC7B1Q38 | Long             | LON              | CORP              | US        |    269504 | PA      | $254681.02    | 0.09%             | 2026-09-30      | Floating      | 8.82%                 | No            |                  2 | On Loan: No      |
| Scientific Games International, Inc.                                        | Scientific Games International Inc                                               | CUSIP: 000000000<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | LON              | CORP              | US        |     10895 | PA      | $10774.64     | 0.00%             | 2029-04-13      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                     | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GZK3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    575000 | PA      | $512045.77    | 0.19%             | 2028-02-24      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| Mid-State Trust                                                             | Mid-State Capital Corp 2006-1 Trust                                              | CUSIP: 59548PAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     37098 | PA      | $35985.93     | 0.01%             | 2040-10-15      | Fixed         | 5.79%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                                                            | CSC Holdings LLC                                                                 | CUSIP: 64072UAK8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | LON              | CORP              | US        |     48992 | PA      | $43909.50     | 0.02%             | 2027-04-15      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| DIGITAL DUTCH FINCO BV                                                      | Digital Dutch Finco BV                                                           | CUSIP: 000000000<br>LEI: 549300ONZ5IS6B6IMJ70 | Long             | DBT              | CORP              | NL        |    220000 | PA      | $171873.26    | 0.06%             | 2031-02-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                      | Credit Suisse Group AG                                                           | CUSIP: 225401BB3<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    720000 | PA      | $741646.37    | 0.27%             | 2033-11-15      | Fixed         | 9.02%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                    | Lloyds Banking Group PLC                                                         | CUSIP: 53944YAP8<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    205000 | PA      | $177501.50    | 0.07%             | 2027-05-11      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| Natixis Commercial Mortgage Se                                              | Natixis Commercial Mortgage Securities Trust 2019-FAME                           | CUSIP: 63873VAL7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    665000 | PA      | $569667.73    | 0.21%             | 2036-08-15      | Variable      | 4.40%                 | No            |                  2 | On Loan: No      |
| Octagon Investment Partners 44                                              | Octagon Investment Partners 44 Ltd                                               | CUSIP: 67577LAL9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    700000 | PA      | $670658.80    | 0.25%             | 2034-10-15      | Floating      | 5.78%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                                                      | Brazilian Government International Bond                                          | CUSIP: 105756CD0<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    200000 | PA      | $189100.00    | 0.07%             | 2025-06-06      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Oakwood Mortgage Investors Inc                                              | Oakwood Mortgage Investors Inc                                                   | CUSIP: 67087TDD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      3160 | PA      | $3122.94      | 0.00%             | 2020-03-15      | Variable      | 5.01%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                      | Credit Suisse Group AG                                                           | CUSIP: 000000000<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    410000 | PA      | $243424.45    | 0.09%             | 2033-01-18      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF POLAND                                                          | Republic of Poland Government International Bond                                 | CUSIP: 857524AD4<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |    200000 | PA      | $205860.80    | 0.08%             | 2027-11-16      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Commercial Mortgage Lease-Back                                              | Commercial Mortgage Lease-Backed Certificates Series 2001-CMLB-1                 | CUSIP: 201736AE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1479325 | PA      | $11714.55     | 0.00%             | 2031-06-20      | Variable      | 1.04%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Acquisition                                              | JP Morgan Mortgage Acquisition Trust 2007-CH1                                    | CUSIP: 46630LAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      4299 | PA      | $4235.03      | 0.00%             | 2036-11-25      | Variable      | 4.60%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                                                  | Fiserv Inc                                                                       | CUSIP: 337738BC1<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8429.37      | 0.00%             | 2030-06-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| TREEHOUSE FOODS INC                                                         | TreeHouse Foods Inc                                                              | CUSIP: 89469AAD6<br>LEI: 5493007M7EVHE470Q576 | Long             | DBT              | CORP              | US        |    800000 | PA      | $681280.00    | 0.25%             | 2028-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BAYER US FINANCE II LLC                                                     | Bayer US Finance II LLC                                                          | CUSIP: 07274NAJ2<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |    255000 | PA      | $247357.61    | 0.09%             | 2025-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SELP FINANCE SARL                                                           | SELP Finance Sarl                                                                | CUSIP: 000000000<br>LEI: 549300Y4VYEJE1MH6D45 | Long             | DBT              | CORP              | LU        |    160000 | PA      | $128558.73    | 0.05%             | 2029-05-27      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| INDONESIA ASAHAN ALUMINI                                                    | Indonesia Asahan Aluminium Persero PT                                            | CUSIP: 000000000<br>LEI: 2549008P48EB9SN2OI80 | Long             | DBT              | CORP              | ID        |    200000 | PA      | $191897.50    | 0.07%             | 2030-05-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| OT MERGER CORP                                                              | OT Merger Corp                                                                   | CUSIP: 688777AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    850000 | PA      | $439764.68    | 0.16%             | 2029-10-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch Alternative Note                                              | Merrill Lynch Alternative Note Asset Trust Series 2007-OAR2                      | CUSIP: 59024BAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1961965 | PA      | $258326.26    | 0.10%             | 2037-04-25      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| Citimortgage Alternative Loan                                               | CitiMortgage Alternative Loan Trust Series 2007-A2                               | CUSIP: 12566UAN4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    246638 | PA      | $211364.13    | 0.08%             | 2037-02-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                           | HSBC Holdings PLC                                                                | CUSIP: 404280CL1<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    350000 | PA      | $292496.08    | 0.11%             | 2028-09-22      | Fixed         | 2.01%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                     | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GYJ7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    170000 | PA      | $131946.94    | 0.05%             | 2032-07-21      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| STATE OF QATAR                                                              | Qatar Government International Bond                                              | CUSIP: 000000000<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |    200000 | PA      | $201260.00    | 0.07%             | 2028-04-23      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN INC                                                           | Brown & Brown Inc                                                                | CUSIP: 115236AF8<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |    160000 | PA      | $130910.67    | 0.05%             | 2052-03-17      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Mortgage Backed Se                                              | Wells Fargo Mortgage Backed Securities 2006-AR4 Trust                            | CUSIP: 94983PAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      7394 | PA      | $6574.91      | 0.00%             | 2036-04-25      | Variable      | 2.88%                 | No            |                  2 | On Loan: No      |
| Credit-Based Asset Servicing a                                              | C-BASS Mortgage Loan Trust 2007-CB2                                              | CUSIP: 1248MBAH8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    967631 | PA      | $594147.96    | 0.22%             | 2037-02-25      | Variable      | 3.55%                 | No            |                  2 | On Loan: No      |
| Residential Asset Securitizati                                              | Residential Asset Securitization Trust 2005-A8CB                                 | CUSIP: 45660LSX8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    248510 | PA      | $151232.42    | 0.06%             | 2035-07-25      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| DBUBS Mortgage Trust                                                        | DBUBS 2017-BRBK Mortgage Trust                                                   | CUSIP: 23305JAN2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    380000 | PA      | $327929.36    | 0.12%             | 2034-10-10      | Variable      | 3.53%                 | No            |                  2 | On Loan: No      |
| Aveanna Healthcare LLC                                                      | Aveanna Healthcare LLC                                                           | CUSIP: 05549DAJ7<br>LEI: 5493006D6JRLPIY8YV18 | Long             | LON              | CORP              | US        |    265650 | PA      | $205745.91    | 0.08%             | 2028-07-17      | Floating      | 8.14%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ELECTRIC CO                                                    | Pennsylvania Electric Co                                                         | CUSIP: 708696BX6<br>LEI: O1PLQWO3TX952VMBJ146 | Long             | DBT              | CORP              | US        |    555000 | PA      | $531974.27    | 0.20%             | 2025-04-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES                                                     | Philippine Government International Bond                                         | CUSIP: 718286CK1<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    200000 | PA      | $160260.00    | 0.06%             | 2031-06-10      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                                                | GS Mortgage Securities Trust 2015-GS1                                            | CUSIP: 36252AAE6<br>LEI: 549300WZ62L3Y22NOZ64 | Long             | ABS-MBS          | CORP              | US        |   9259456 | PA      | $168785.53    | 0.06%             | 2048-11-10      | Variable      | 0.76%                 | No            |                  2 | On Loan: No      |
| Aimco                                                                       | Aimco CLO 14 Ltd                                                                 | CUSIP: 00144FAC7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    700000 | PA      | $517986.00    | 0.19%             | 2034-04-20      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| Extended Stay America Trust                                                 | Extended Stay America Trust 2021-ESH                                             | CUSIP: 30227FAN0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    585715 | PA      | $552473.29    | 0.20%             | 2038-07-15      | Floating      | 8.02%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P                                              | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137FMU91<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3160000 | PA      | $191381.92    | 0.07%             | 2047-05-25      | Variable      | 2.15%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                                       | Level 3 Financing Inc                                                            | CUSIP: 527298BT9<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    250000 | PA      | $180175.04    | 0.07%             | 2029-07-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| GSAA Home Equity Trust                                                      | GSAA Trust                                                                       | CUSIP: 3622EAAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    166316 | PA      | $12508.08     | 0.00%             | 2047-03-25      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                               | Citigroup Inc                                                                    | CUSIP: 172967NG2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     95000 | PA      | $85819.59     | 0.03%             | 2028-02-24      | Fixed         | 3.07%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                                                           | Eversource Energy                                                                | CUSIP: 30040WAF5<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |      8000 | PA      | $7588.64      | 0.00%             | 2029-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                                                               | United States Treasury Bill                                                      | CUSIP: 912796ZF9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  15000000 | PA      | $14735379.75  | 5.46%             | 2023-05-25      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| Morgan Stanley BAML Trust                                                   | Morgan Stanley Bank of America Merrill Lynch Trust 2015-C24                      | CUSIP: 61765LAV2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6997417 | PA      | $102021.15    | 0.04%             | 2048-05-15      | Variable      | 0.69%                 | No            |                  2 | On Loan: No      |
| EUREX CLEARING AKTIENGESELLSCHAFT                                           | Eurex 5 Year Euro BOBL                                                           | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              | CORP              | DE        |        -5 | NC      | $18242.02     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Lehman XS Trust                                                             | Lehman XS Trust Series 2005-1                                                    | CUSIP: 86359DKV8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     41316 | PA      | $41316.45     | 0.02%             | 2035-07-25      | Variable      | 5.37%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                                              | Alternative Loan Trust 2007-22                                                   | CUSIP: 02151BBG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    243849 | PA      | $103380.34    | 0.04%             | 2037-09-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Certara Holdco Inc                                                          | Certara Holdco Inc                                                               | CUSIP: 15687EAC1<br>LEI: 5493003FMVRW75JYL446 | Long             | LON              | CORP              | US        |    270875 | PA      | $267996.95    | 0.10%             | 2026-08-15      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                  | Fannie Mae REMICS                                                                | CUSIP: 31394D6V7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3378 | PA      | $3330.29      | 0.00%             | 2033-08-25      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HLDGS                                                    | Santander UK Group Holdings PLC                                                  | CUSIP: 80281LAN5<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |    325000 | PA      | $304553.97    | 0.11%             | 2025-03-15      | Fixed         | 1.09%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                         | JPMorgan Chase & Co                                                              | CUSIP: 46647PBE5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    160000 | PA      | $134515.33    | 0.05%             | 2030-10-15      | Fixed         | 2.74%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                      | Credit Suisse Group AG                                                           | CUSIP: 225401AZ1<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    230000 | PA      | $202418.23    | 0.07%             | 2033-08-12      | Fixed         | 6.54%                 | No            |                  2 | On Loan: No      |
| AMSR Trust                                                                  | AMSR 2020-SFR3 Trust                                                             | CUSIP: 001807AJ5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    635000 | PA      | $594768.18    | 0.22%             | 2037-09-17      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ADVANCED DRAINAGE SYSTEM                                                    | Advanced Drainage Systems Inc                                                    | CUSIP: 00790RAB0<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | DBT              | CORP              | US        |    335000 | PA      | $325958.35    | 0.12%             | 2030-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Mortgage Loan T                                              | Morgan Stanley Mortgage Loan Trust 2007-13                                       | CUSIP: 61756HBN9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    175030 | PA      | $97561.56     | 0.04%             | 2037-10-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                               | Citigroup Inc                                                                    | CUSIP: 17308CC53<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    145000 | PA      | $121963.82    | 0.05%             | 2030-11-05      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                                                       | Caesars Entertainment Inc                                                        | CUSIP: 12769GAA8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    316000 | PA      | $257628.87    | 0.10%             | 2029-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| 321 Henderson Receivables LLC                                               | JGWPT XXX LLC                                                                    | CUSIP: 46617LAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     41174 | PA      | $36901.83     | 0.01%             | 2073-01-17      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In                                              | RALI Series 2006-QS4 Trust                                                       | CUSIP: 749228AD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    374811 | PA      | $288929.05    | 0.11%             | 2036-04-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Acrisure LLC                                                                | Acrisure LLC                                                                     | CUSIP: 00488PAL9<br>LEI: 549300R0Z1Q47XRTGO22 | Long             | LON              | CORP              | US        |    247455 | PA      | $232807.35    | 0.09%             | 2027-02-15      | Floating      | 7.73%                 | No            |                  2 | On Loan: No      |
| PROLOGIS EURO FINANCE                                                       | Prologis Euro Finance LLC                                                        | CUSIP: 000000000<br>LEI: 549300MI5D1784PRQH06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $61002.47     | 0.02%             | 2041-02-16      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                                         | COMM 2014-UBS5 Mortgage Trust                                                    | CUSIP: 12592KBD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  29828501 | PA      | $319160.48    | 0.12%             | 2047-09-10      | Variable      | 0.83%                 | No            |                  3 | On Loan: No      |
| Countrywide Alternative Loan T                                              | Alternative Loan Trust 2005-64CB                                                 | CUSIP: 12668AA62<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3071953 | PA      | $633406.94    | 0.23%             | 2035-11-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                                       | Level 3 Financing Inc                                                            | CUSIP: 527298BQ5<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    530000 | PA      | $419195.76    | 0.16%             | 2029-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Greenwood Park CLO, Ltd                                                     | Greenwood Park CLO Ltd                                                           | CUSIP: 39729TAB0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    675000 | PA      | $296999.33    | 0.11%             | 2031-04-15      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| BAE SYSTEMS HOLDINGS INC                                                    | BAE Systems Holdings Inc                                                         | CUSIP: 05523UAP5<br>LEI: MF62XBVMNYTYMC18DL76 | Long             | DBT              | CORP              | US        |    250000 | PA      | $241302.50    | 0.09%             | 2025-12-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Soundview Home Equity Loan Tru                                              | Soundview Home Loan Trust 2007-OPT4                                              | CUSIP: 83613AAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400889 | PA      | $280526.57    | 0.10%             | 2037-09-25      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| Fannie Mae or Freddie Mac                                                   | Fannie Mae or Freddie Mac                                                        | CUSIP: 01F020612<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   7675000 | PA      | $6247109.23   | 2.31%             | 2053-01-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| HEALTHCARE RLTY HLDGS LP                                                    | Healthcare Realty Holdings LP                                                    | CUSIP: 42225UAH7<br>LEI: 549300IYGAS4GE6VDL07 | Long             | DBT              | CORP              | US        |    140000 | PA      | $106307.27    | 0.04%             | 2031-03-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| GSAA Home Equity Trust                                                      | GSAA Home Equity Trust 2007-5                                                    | CUSIP: 3622ECAH9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4300000 | PA      | $319020.87    | 0.12%             | 2037-05-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                                                | GS Mortgage Securities Trust 2014-GC18                                           | CUSIP: 36252RAT6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  25617442 | PA      | $167521.16    | 0.06%             | 2047-01-10      | Variable      | 1.02%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                         | JPMorgan Chase & Co                                                              | CUSIP: 46647PBH8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23160.68     | 0.01%             | 2026-03-13      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| GILBERT PARK CLO LTD                                                        | Gilbert Park CLO Ltd                                                             | CUSIP: 375415AA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    335000 | PA      | $330971.29    | 0.12%             | 2030-10-15      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| Citimortgage Alternative Loan                                               | CitiMortgage Alternative Loan Trust Series 2007-A1                               | CUSIP: 12566QAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    217612 | PA      | $192137.63    | 0.07%             | 2037-01-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN PHOENIX 2 LTD                                                    | Transocean Phoenix 2 Ltd                                                         | CUSIP: 893828AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     62000 | PA      | $61676.98     | 0.02%             | 2024-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                                              | Alternative Loan Trust 2006-19CB                                                 | CUSIP: 02147QAS1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4119345 | PA      | $2097772.40   | 0.78%             | 2036-08-25      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| INTL FLAVOR & FRAGRANCES                                                    | International Flavors & Fragrances Inc                                           | CUSIP: 459506AQ4<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | DBT              | CORP              | US        |    170000 | PA      | $135263.39    | 0.05%             | 2030-11-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| CIM Trust                                                                   | CIM Trust 2021-R5                                                                | CUSIP: 12592SAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    681000 | PA      | $433405.56    | 0.16%             | 2061-08-25      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                     | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GYN8<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    520000 | PA      | $411872.60    | 0.15%             | 2032-10-21      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| GSR Mortgage Loan Trust                                                     | GSR Mortgage Loan Trust 2005-AR6                                                 | CUSIP: 362341RX9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      3907 | PA      | $3669.17      | 0.00%             | 2035-09-25      | Variable      | 3.77%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                                              | Alternative Loan Trust 2007-18CB                                                 | CUSIP: 02151NBH4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    330005 | PA      | $203194.58    | 0.08%             | 2037-08-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SIMMONS FOOD INC/SIMMONS                                                    | Simmons Foods Inc/Simmons Prepared Foods Inc/Simmons Pet Food Inc/Simmons Feed   | CUSIP: 82873MAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $288601.18    | 0.11%             | 2029-03-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                                                  | Progress Residential 2021-SFR1                                                   | CUSIP: 74331FAQ4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1050000 | PA      | $894733.04    | 0.33%             | 2038-04-17      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dreyfus Government Cash Management                                          | Dreyfus Government Cash Management                                               | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |  11506500 | NS      | $11506500.00  | 4.26%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI PROPERTIES LP                                                          | VICI Properties LP                                                               | CUSIP: 925650AD5<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |    255000 | PA      | $236730.53    | 0.09%             | 2032-05-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                                                      | SLM Student Loan Trust 2008-7                                                    | CUSIP: 78445FAE5<br>LEI: 54930067BGNOZYMNWK87 | Long             | ABS-O            | CORP              | US        |     10000 | PA      | $9897.35      | 0.00%             | 2083-07-26      | Floating      | 6.21%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                        | Bank of America Corp                                                             | CUSIP: 06051GKA6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    640000 | PA      | $493186.25    | 0.18%             | 2032-07-21      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY                                                                 | City of New York NY                                                              | CUSIP: 64966MYR4<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    155000 | PA      | $138619.74    | 0.05%             | 2031-04-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                    | AT&T Inc                                                                         | CUSIP: 00206RCQ3<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    125000 | PA      | $106258.05    | 0.04%             | 2046-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| COGENT COMMUNICATIONS GR                                                    | Cogent Communications Group Inc                                                  | CUSIP: 19240CAE3<br>LEI: 549300KFWFYF8Q1U0Y26 | Long             | DBT              | CORP              | US        |    225000 | PA      | $219145.01    | 0.08%             | 2027-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| H-FOOD HOLDNG/HEARTHSIDE                                                    | H-Food Holdings LLC / Hearthside Finance Co Inc                                  | CUSIP: 577088AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $203553.00    | 0.08%             | 2026-06-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Citimortgage Alternative Loan                                               | CitiMortgage Alternative Loan Trust Series 2006-A1                               | CUSIP: 17309AAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    282177 | PA      | $249809.27    | 0.09%             | 2036-04-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                      | Credit Suisse Group AG                                                           | CUSIP: 225401AT5<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    600000 | PA      | $478474.64    | 0.18%             | 2027-02-02      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| HERENS HOLDCO SARL                                                          | Herens Holdco Sarl                                                               | CUSIP: 427169AA5<br>LEI: 2221002FZ55AMAUX4G64 | Long             | DBT              | CORP              | LU        |    450000 | PA      | $364076.60    | 0.13%             | 2028-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                                            | Connecticut Avenue Securities Trust 2019-R06                                     | CUSIP: 20754JAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1100000 | PA      | $1064020.57   | 0.39%             | 2039-09-25      | Floating      | 8.14%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P                                              | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137FRUV1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   9758182 | PA      | $727443.80    | 0.27%             | 2030-01-25      | Variable      | 1.35%                 | No            |                  2 | On Loan: No      |
| Frontier Communications Corporation                                         | Frontier Communications Holdings LLC                                             | CUSIP: 35906EAQ3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    122812 | PA      | $117604.02    | 0.04%             | 2028-05-01      | Floating      | 8.50%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                                         | COMM 2013-CCRE9 Mortgage Trust                                                   | CUSIP: 12625UBC6<br>LEI: 549300C72XVZH4MIKU63 | Long             | ABS-MBS          | CORP              | US        |  11029631 | PA      | $317.65       | 0.00%             | 2045-07-10      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                                              | Air Lease Corp                                                                   | CUSIP: 00914AAJ1<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    380000 | PA      | $352014.25    | 0.13%             | 2026-01-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| AON CORP/AON GLOBAL HOLD                                                    | Aon Corp / Aon Global Holdings PLC                                               | CUSIP: 03740LAE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    280000 | PA      | $217318.24    | 0.08%             | 2052-02-28      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Pathway Vet Alliance LLC                                                    | Pathway Vet Alliance LLC                                                         | CUSIP: 70323KAE8<br>LEI: 2549001HRKTHAW7MOH74 | Long             | LON              | CORP              | US        |     97754 | PA      | $81949.92     | 0.03%             | 2027-03-31      | Floating      | 7.78%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor                                              | JPMCC Commercial Mortgage Securities Trust 2017-JP5                              | CUSIP: 46647TAU2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4369301 | PA      | $104383.91    | 0.04%             | 2050-03-15      | Variable      | 0.84%                 | No            |                  2 | On Loan: No      |
| PARK AEROSPACE HOLDINGS                                                     | Park Aerospace Holdings Ltd                                                      | CUSIP: 70014LAB6<br>LEI: 635400CPI3EOIFF6OC33 | Long             | DBT              | CORP              | KY        |      2000 | PA      | $1974.81      | 0.00%             | 2024-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CoreVest American Finance Ltd                                               | Corevest American Finance 2021-1 Trust                                           | CUSIP: 21873LAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4459000 | PA      | $297276.63    | 0.11%             | 2053-04-15      | Variable      | 1.55%                 | No            |                  2 | On Loan: No      |
| Banc of America Funding Corpor                                              | Banc of America Funding 2006-3 Trust                                             | CUSIP: 058931BF2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      5780 | PA      | $4919.05      | 0.00%             | 2036-03-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BLOOMIN' BRANDS INC/OSI                                                     | Bloomin' Brands Inc / OSI Restaurant Partners LLC                                | CUSIP: 094234AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    743000 | PA      | $631550.00    | 0.23%             | 2029-04-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Residential Funding Mtg Sec I                                               | RFMSI Series 2006-S3 Trust                                                       | CUSIP: 76111XP56<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    513618 | PA      | $413565.04    | 0.15%             | 2036-03-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HEATHROW FUNDING LTD                                                        | Heathrow Funding Ltd                                                             | CUSIP: 000000000<br>LEI: 7TI96JO3DYEIQWZ7Z726 | Long             | DBT              | CORP              | JE        |    230000 | PA      | $177861.15    | 0.07%             | 2034-03-14      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Textainer Marine Containers Li                                              | Textainer Marine Containers VII Ltd                                              | CUSIP: 88315LAN8<br>LEI: 549300X48KLHDDGPK024 | Long             | ABS-O            | CORP              | BM        |    654773 | PA      | $545483.27    | 0.20%             | 2046-02-20      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| GSAA Home Equity Trust                                                      | GSAA Home Equity Trust 2007-5                                                    | CUSIP: 3622ECAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    836493 | PA      | $425519.29    | 0.16%             | 2047-04-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                                              | Alternative Loan Trust 2005-65CB                                                 | CUSIP: 12668AZ40<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    331361 | PA      | $245971.28    | 0.09%             | 2035-12-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                | Broadcom Inc                                                                     | CUSIP: 11135FBK6<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    190000 | PA      | $152794.47    | 0.06%             | 2033-04-15      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                                              | Alternative Loan Trust 2006-32CB                                                 | CUSIP: 02147XAT4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    140326 | PA      | $84098.58     | 0.03%             | 2036-11-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Credit-Based Asset Servicing a                                              | C-BASS 2006-CB7 TRUST                                                            | CUSIP: 12479DAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     37473 | PA      | $24973.06     | 0.01%             | 2036-10-25      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| TRITON WATER HOLDINGS IN                                                    | Triton Water Holdings Inc                                                        | CUSIP: 89680EAA7<br>LEI: 5493005IYCEL7QJFZZ63 | Long             | DBT              | CORP              | US        |    750000 | PA      | $612187.50    | 0.23%             | 2029-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                                                   | Morgan Stanley Bank of America Merrill Lynch Trust 2013-C12                      | CUSIP: 61762XAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  19087479 | PA      | $188741.76    | 0.07%             | 2046-10-15      | Variable      | 1.05%                 | No            |                  2 | On Loan: No      |
| Residential Asset Securitizati                                              | Residential Asset Securitization Trust 2007-A3                                   | CUSIP: 76113WAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    476236 | PA      | $252104.72    | 0.09%             | 2037-04-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Palmer Square CLO Ltd                                                       | Palmer Square CLO 2021-1 Ltd                                                     | CUSIP: 69701UAC4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    625000 | PA      | $389714.38    | 0.14%             | 2034-04-20      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| BX Trust                                                                    | BX 2021-MFM1                                                                     | CUSIP: 05608VAQ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $460625.69    | 0.17%             | 2034-01-15      | Floating      | 8.22%                 | No            |                  2 | On Loan: No      |
| Precision Medicine Group LLC                                                | Precision Medicine Group LLC                                                     | CUSIP: 74028HAE5<br>LEI: 5493005RG0LYTBKL8W81 | Long             | LON              | CORP              | US        |    375451 | PA      | $350108.11    | 0.13%             | 2027-11-18      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd                                                    | Neuberger Berman Loan Advisers Clo 40 Ltd                                        | CUSIP: 64134KAC4<br>LEI: 549300Y2YE54ON4DJE28 | Long             | ABS-CBDO         | CORP              | KY        |    275000 | PA      | $184203.25    | 0.07%             | 2033-04-16      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| Genesee & Wyoming Inc                                                       | Genesee & Wyoming Inc                                                            | CUSIP: 55316HAB1<br>LEI: G617XSG94Z7G0RMW3L02 | Long             | LON              | CORP              | US        |    269458 | PA      | $268398.09    | 0.10%             | 2026-12-30      | Floating      | 6.73%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PARAGUAY                                                        | Paraguay Government International Bond                                           | CUSIP: 699149AJ9<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |    400000 | PA      | $388051.38    | 0.14%             | 2031-04-28      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| BECTON DICKINSON AND CO                                                     | Becton Dickinson and Co                                                          | CUSIP: 075887BF5<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |      3000 | PA      | $2927.70      | 0.00%             | 2024-12-15      | Fixed         | 3.73%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                     | HCA Inc                                                                          | CUSIP: 404119BV0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    120000 | PA      | $108050.40    | 0.04%             | 2047-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ALLIANT ENERGY FINANCE                                                      | Alliant Energy Finance LLC                                                       | CUSIP: 01882YAC0<br>LEI: 54930033ER6EOI5DL570 | Long             | DBT              | CORP              | US        |    245000 | PA      | $212974.53    | 0.08%             | 2026-03-15      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| VZ SECURED FINANCING BV                                                     | VZ Secured Financing BV                                                          | CUSIP: 91845AAA3<br>LEI: 549300MG611MYCOWY949 | Long             | DBT              | CORP              | NL        |    750000 | PA      | $613815.36    | 0.23%             | 2032-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AMSR Trust                                                                  | AMSR 2020-SFR1 Trust                                                             | CUSIP: 00180AAJ8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    605000 | PA      | $576597.37    | 0.21%             | 2037-04-17      | Fixed         | 8.19%                 | No            |                  2 | On Loan: No      |
| Tricon American Homes                                                       | Tricon American Homes 2017-SFR2 Trust                                            | CUSIP: 89613FAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    800000 | PA      | $775476.32    | 0.29%             | 2036-01-17      | Fixed         | 4.22%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                         | Petroleos Mexicanos                                                              | CUSIP: 71654QDF6<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |      5000 | PA      | $3179.38      | 0.00%             | 2060-01-28      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| HUDSON PACIFIC PROPERTIE                                                    | Hudson Pacific Properties LP                                                     | CUSIP: 44409MAD8<br>LEI: 5493007NTUGLGZ8T3526 | Long             | DBT              | CORP              | US        |     60000 | PA      | $56077.52     | 0.02%             | 2028-02-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P                                              | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137B2HQ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  12639000 | PA      | $50136.39     | 0.02%             | 2041-06-25      | Variable      | 1.64%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                        | Bank of America Corp                                                             | CUSIP: 06051GJZ3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    310000 | PA      | $260935.80    | 0.10%             | 2029-06-14      | Fixed         | 2.09%                 | No            |                  2 | On Loan: No      |
| Residential Asset Securitizati                                              | Residential Asset Securitization Trust 2005-A14                                  | CUSIP: 45660LT41<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     81383 | PA      | $44069.66     | 0.02%             | 2035-12-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Lehman XS Trust                                                             | Lehman XS Trust 2006-17                                                          | CUSIP: 52523KAM6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8164149 | PA      | $192365.73    | 0.07%             | 2046-08-25      | Fixed         | 0.60%                 | No            |                  3 | On Loan: No      |
| GENERAL ELECTRIC CO                                                         | General Electric Co                                                              | CUSIP: 36962GW75<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | DBT              | CORP              | US        |     57000 | PA      | $55370.57     | 0.02%             | 2026-05-05      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| SFAVE Commercial Mortgage Secu                                              | SFAVE Commercial Mortgage Securities Trust 2015-5AVE                             | CUSIP: 78413MAN8<br>LEI: 549300FIGODFFTOAAU64 | Long             | ABS-MBS          | CORP              | US        |    925000 | PA      | $563401.58    | 0.21%             | 2043-01-05      | Variable      | 4.39%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trus                                              | CSAIL 2019-C16 Commercial Mortgage Trust                                         | CUSIP: 12596WAE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    563925 | PA      | $39997.86     | 0.01%             | 2052-06-15      | Variable      | 1.55%                 | No            |                  2 | On Loan: No      |
| WF-RBS COMMERCIAL MORTGAGE TRU                                              | WFRBS Commercial Mortgage Trust 2014-C20                                         | CUSIP: 92890FAW6<br>LEI: 549300UVB571ELWL8972 | Long             | ABS-MBS          | CORP              | US        |   9970002 | PA      | $88166.72     | 0.03%             | 2047-05-15      | Variable      | 0.90%                 | No            |                  2 | On Loan: No      |
| Aimco                                                                       | Aimco CLO 11 Ltd                                                                 | CUSIP: 00140NAN0<br>LEI: 549300VLRW0CEQ83RF89 | Long             | ABS-CBDO         | CORP              | KY        |    185000 | PA      | $180450.67    | 0.07%             | 2034-10-17      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                                                      | Extra Space Storage LP                                                           | CUSIP: 30225VAG2<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |    190000 | PA      | $144250.93    | 0.05%             | 2032-03-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                                                   | Morgan Stanley Bank of America Merrill Lynch Trust 2013-C13                      | CUSIP: 61763BAV6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2393309 | PA      | $9590.68      | 0.00%             | 2046-11-15      | Variable      | 0.93%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER                                                     | American Electric Power Co Inc                                                   | CUSIP: 025537AK7<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |    455000 | PA      | $438455.78    | 0.16%             | 2024-03-15      | Fixed         | 2.03%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST URBAN DEV CORP REV                                              | New York State Urban Development Corp                                            | CUSIP: 650036EB8<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |    100000 | PA      | $75005.50     | 0.03%             | 2033-03-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                                              | Carvana Auto Receivables Trust 2020-P1                                           | CUSIP: 14687AAK4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      1300 | PA      | $202329.14    | 0.07%             | 2027-09-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Citibank, National Association                                              | USD/EUR FORWARD                                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-4890.49     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Countrywide Home Loans                                                      | CHL Mortgage Pass-Through Trust 2007-7                                           | CUSIP: 12544TAJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    628051 | PA      | $326095.88    | 0.12%             | 2037-06-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                                              | Alternative Loan Trust 2007-15CB                                                 | CUSIP: 02151CAQ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    562152 | PA      | $353099.65    | 0.13%             | 2037-07-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Acquisition                                              | JP Morgan Mortgage Acquisition Trust 2007-CH2                                    | CUSIP: 46630MAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    417126 | PA      | $221583.43    | 0.08%             | 2037-01-25      | Variable      | 4.44%                 | No            |                  2 | On Loan: No      |
| PILGRIM'S PRIDE CORP                                                        | Pilgrim's Pride Corp                                                             | CUSIP: 72147KAE8<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |    184000 | PA      | $180640.48    | 0.07%             | 2027-09-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                                         | COMM 2014-UBS3 Mortgage Trust                                                    | CUSIP: 12591YBE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3107918 | PA      | $30843.60     | 0.01%             | 2047-06-10      | Variable      | 1.06%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                                              | Government National Mortgage Association                                         | CUSIP: 38376G3S7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1148140 | PA      | $2474.36      | 0.00%             | 2051-08-16      | Variable      | 0.21%                 | No            |                  2 | On Loan: No      |
| Residential Funding Mtg Sec I                                               | RFMSI Series 2006-S6 Trust                                                       | CUSIP: 74957VAP4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     78294 | PA      | $63809.64     | 0.02%             | 2036-07-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| INTELSAT JACKSON HLDG                                                       | Intelsat Jackson Holdings SA                                                     | CUSIP: 45824TBC8<br>LEI: 8XJ8KF85PBKK1TLMFN29 | Long             | DBT              | CORP              | LU        |    335000 | PA      | $301056.10    | 0.11%             | 2030-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trus                                              | Csail 2015-C2 Commercial Mortgage Trust                                          | CUSIP: 12634NAV0<br>LEI: 549300D5DIOOMKWXVZ20 | Long             | ABS-MBS          | CORP              | US        |  16594390 | PA      | $209367.28    | 0.08%             | 2057-06-15      | Variable      | 0.72%                 | No            |                  2 | On Loan: No      |
| MOLINA HEALTHCARE INC                                                       | Molina Healthcare Inc                                                            | CUSIP: 60855RAK6<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |    600000 | PA      | $513000.00    | 0.19%             | 2030-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In                                              | RALI Series 2006-QS4 Trust                                                       | CUSIP: 749228AB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    302564 | PA      | $236613.56    | 0.09%             | 2036-04-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                                              | Alternative Loan Trust 2007-5CB                                                  | CUSIP: 02150EAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    182277 | PA      | $103792.66    | 0.04%             | 2037-04-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY TRANSMISSION                                                    | FirstEnergy Transmission LLC                                                     | CUSIP: 33767BAD1<br>LEI: 549300AINIIPOLYX2R63 | Long             | DBT              | CORP              | US        |    418000 | PA      | $365502.21    | 0.14%             | 2028-09-15      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                          | Energy Transfer LP                                                               | CUSIP: 29273RBG3<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9756.41      | 0.00%             | 2026-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| HEALTHCARE RLTY HLDGS LP                                                    | Healthcare Realty Holdings LP                                                    | CUSIP: 42225UAM6<br>LEI: 549300IYGAS4GE6VDL07 | Long             | DBT              | CORP              | US        |     22000 | PA      | $16130.92     | 0.01%             | 2031-03-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                  | Fannie Mae REMICS                                                                | CUSIP: 3136AAKX2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    174018 | PA      | $8512.95      | 0.00%             | 2027-12-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN POSEIDON LTD                                                     | Transocean Poseidon Ltd                                                          | CUSIP: 89383JAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     30625 | PA      | $29850.19     | 0.01%             | 2027-02-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                         | JPMorgan Chase & Co                                                              | CUSIP: 46647PCW4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    120000 | PA      | $108769.11    | 0.04%             | 2028-02-24      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY                                                     | Nationwide Building Society                                                      | CUSIP: 63861VAF4<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $176347.23    | 0.07%             | 2028-02-16      | Fixed         | 2.97%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                                                | GS Mortgage Securities Trust 2011-GC3                                            | CUSIP: 36248FAJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    139338 | PA      | $1.39         | 0.00%             | 2044-03-10      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| NETFLIX INC                                                                 | Netflix Inc                                                                      | CUSIP: 64110LAL0<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |    310000 | PA      | $314144.90    | 0.12%             | 2025-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT CORP                                                              | Open Text Corp                                                                   | CUSIP: 683715AF3<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |    350000 | PA      | $353500.00    | 0.13%             | 2027-12-01      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| HEALTHCARE RLTY HLDGS LP                                                    | Healthcare Realty Holdings LP                                                    | CUSIP: 42225UAG9<br>LEI: 549300IYGAS4GE6VDL07 | Long             | DBT              | CORP              | US        |    115000 | PA      | $96780.07     | 0.04%             | 2030-02-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| GLOBAL SWITCH FINANCE                                                       | Global Switch Finance BV                                                         | CUSIP: 000000000<br>LEI: 635400GVJAKOJNEUMF33 | Long             | DBT              | CORP              | NL        |    285000 | PA      | $258259.30    | 0.10%             | 2030-10-07      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| RAYMOND JAMES FINANCIAL                                                     | Raymond James Financial Inc                                                      | CUSIP: 754730AG4<br>LEI: RGUZHJ05YTITL6D76949 | Long             | DBT              | CORP              | US        |    145000 | PA      | $139880.96    | 0.05%             | 2030-04-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Vericrest Opportunity Loan Tra                                              | VOLT CIII LLC                                                                    | CUSIP: 92873JAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    865068 | PA      | $777674.09    | 0.29%             | 2051-08-25      | Variable      | 1.99%                 | No            |                  2 | On Loan: No      |
| Banc of America Alternative Lo                                              | Banc of America Alternative Loan Trust 2006-5                                    | CUSIP: 05950BAJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1901272 | PA      | $161848.45    | 0.06%             | 2046-06-25      | Floating      | 2.30%                 | No            |                  3 | On Loan: No      |
| Preston Ridge Partners Mortgag                                              | PRPM 2021-11 LLC                                                                 | CUSIP: 69362QAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    399110 | PA      | $361926.08    | 0.13%             | 2026-11-25      | Variable      | 2.49%                 | No            |                  2 | On Loan: No      |
| EMBECTA CORP                                                                | Embecta Corp                                                                     | CUSIP: 29082KAB1<br>LEI: 549300RPG8GXVDHNXZ62 | Long             | DBT              | CORP              | US        |    525000 | PA      | $479181.78    | 0.18%             | 2030-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                                                          | Vodafone Group PLC                                                               | CUSIP: 92857WBU3<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |     60000 | PA      | $46403.56     | 0.02%             | 2050-09-17      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Vericrest Opportunity Loan Tra                                              | VOLT XCII LLC                                                                    | CUSIP: 91835MAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1297282 | PA      | $1126302.19   | 0.42%             | 2051-02-27      | Variable      | 1.89%                 | No            |                  2 | On Loan: No      |
| Citibank, National Association                                              | GBP/USD FORWARD                                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-36223.12    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                                              | Fannie Mae-Aces                                                                  | CUSIP: 3136AQ5K2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    100468 | PA      | $909.35       | 0.00%             | 2036-04-25      | Variable      | 2.09%                 | No            |                  2 | On Loan: No      |
| AthenaHealth Group Inc                                                      | AthenaHealth Group Inc                                                           | CUSIP: 04686RAB9<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | LON              | CORP              | US        |    850797 | PA      | $770277.66    | 0.29%             | 2029-02-15      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                                                               | United States Treasury Bill                                                      | CUSIP: 912796ZG7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7000000 | PA      | $6869985.50   | 2.54%             | 2023-06-01      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| Madison Park Funding Ltd                                                    | Madison Park Funding XLVIII Ltd                                                  | CUSIP: 55821UAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $984570.00    | 0.36%             | 2033-04-19      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Secu                                              | JPMBB Commercial Mortgage Securities Trust 2015-C30                              | CUSIP: 46644UBC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  23493941 | PA      | $221526.72    | 0.08%             | 2048-07-15      | Variable      | 0.43%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL AVIATION RE                                              | County of Miami-Dade FL Aviation Revenue                                         | CUSIP: 59333P6H6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $79656.07     | 0.03%             | 2032-10-01      | Fixed         | 2.61%                 | No            |                  2 | On Loan: No      |
| First Horizon Alternative Mort                                              | First Horizon Alternative Mortgage Securities Trust 2007-FA2                     | CUSIP: 32053LAD4<br>LEI: 549300PO80CHJL6XUB79 | Long             | ABS-MBS          | CORP              | US        |    709650 | PA      | $275414.40    | 0.10%             | 2037-04-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| COMERICA INC                                                                | Comerica Inc                                                                     | CUSIP: 200340AU1<br>LEI: I9Q57JVPWHHZ3ZGBW498 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14511.00     | 0.01%             | N/A             | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| mrcd 2019-prkc mortgage trust                                               | MRCD 2019-PRKC Mortgage Trust                                                    | CUSIP: 55348UAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $365697.90    | 0.14%             | 2036-12-15      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| Preston Ridge Partners Mortgag                                              | PRPM 2022-4 LLC                                                                  | CUSIP: 693588AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    268802 | PA      | $253543.66    | 0.09%             | 2027-08-25      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| EUREX CLEARING AKTIENGESELLSCHAFT                                           | EURO-BUND                                                                        | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              | CORP              | DE        |        -8 | NC      | $67523.03     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Palmer Square CLO Ltd                                                       | Palmer Square CLO 2014-1 Ltd                                                     | CUSIP: 69688XAS0<br>LEI: 549300UP5H2PFBIITY41 | Long             | ABS-CBDO         | CORP              | KY        |    550000 | PA      | $544851.45    | 0.20%             | 2031-01-17      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| USA COM PART/USA COM FIN                                                    | USA Compression Partners LP / USA Compression Finance Corp                       | CUSIP: 91740PAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    600000 | PA      | $561963.16    | 0.21%             | 2027-09-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                        | Bank of America Corp                                                             | CUSIP: 06051GKD0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    130000 | PA      | $102096.02    | 0.04%             | 2032-10-20      | Fixed         | 2.57%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                      | Williams Cos Inc/The                                                             | CUSIP: 96950FAM6<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     60000 | PA      | $59263.01     | 0.02%             | 2024-03-04      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                                                          | Dominican Republic International Bond                                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    200000 | PA      | $166762.21    | 0.06%             | 2032-09-23      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE ALT-B SECURITIES INC                                               | Deutsche Alt-B Securities Inc Mortgage Loan Trust Series 2006-AB2                | CUSIP: 251511AB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    229781 | PA      | $190208.66    | 0.07%             | 2036-06-25      | Variable      | 4.84%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor                                              | JPMCC Commercial Mortgage Securities Trust 2019-COR4                             | CUSIP: 48128YAU5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $468640.18    | 0.17%             | 2052-03-10      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| ORGANON & CO/ORG                                                            | Organon & Co / Organon Foreign Debt Co-Issuer BV                                 | CUSIP: 68622TAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    315000 | PA      | $273842.10    | 0.10%             | 2031-04-30      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Mid-State Trust                                                             | Mid-State Trust XI                                                               | CUSIP: 59549WAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      2350 | PA      | $2269.00      | 0.00%             | 2038-07-15      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| Santander Consumer Auto Receiv                                              | Santander Consumer Auto Receivables Trust 2021-C                                 | CUSIP: 80281HAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      5150 | PA      | $629956.03    | 0.23%             | 2028-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HEALTHPEAK PROPERTIES                                                       | Healthpeak Properties Inc                                                        | CUSIP: 40414LAM1<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1925.80      | 0.00%             | 2025-02-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| PETRONAS CAPITAL LTD                                                        | Petronas Capital Ltd                                                             | CUSIP: 716743AP4<br>LEI: 549300G7YFX3540OYR85 | Long             | DBT              | CORP              | MY        |    200000 | PA      | $182640.00    | 0.07%             | 2030-04-21      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF ARPTS A                                              | City of Los Angeles Department of Airports                                       | CUSIP: 544445BD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $85341.21     | 0.03%             | 2038-05-15      | Fixed         | 3.89%                 | No            |                  2 | On Loan: No      |
| Preston Ridge Partners Mortgag                                              | PRPM 2021-10 LLC                                                                 | CUSIP: 69360HAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    438021 | PA      | $407084.04    | 0.15%             | 2026-10-25      | Variable      | 2.49%                 | No            |                  2 | On Loan: No      |
| CBOE GLOBAL MARKETS INC                                                     | Cboe Global Markets Inc                                                          | CUSIP: 12503MAD0<br>LEI: 529900RLNSGA90UPEH54 | Long             | DBT              | CORP              | US        |    190000 | PA      | $158955.91    | 0.06%             | 2032-03-16      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                         | JPMorgan Chase & Co                                                              | CUSIP: 48128BAN1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    115000 | PA      | $98756.25     | 0.04%             | N/A             | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| MASTR Asset Backed Securities                                               | Mastr Asset Backed Securities Trust 2006-NC2                                     | CUSIP: 55275BAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    731721 | PA      | $296984.38    | 0.11%             | 2036-08-25      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In                                              | RALI Series 2007-QS1 Trust                                                       | CUSIP: 74922KAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    486725 | PA      | $370943.43    | 0.14%             | 2037-01-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Rockford Tower CLO Ltd                                                      | Rockford Tower CLO 2017-3 Ltd                                                    | CUSIP: 77341DAA5<br>LEI: 549300V5ZF7112UGSH89 | Long             | ABS-CBDO         | CORP              | KY        |    810000 | PA      | $800086.41    | 0.30%             | 2030-10-20      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                         | JPMorgan Chase & Co                                                              | CUSIP: 46647PCB0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    700000 | PA      | $616645.95    | 0.23%             | 2027-04-22      | Fixed         | 1.58%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                    | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAG0<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    110000 | PA      | $106152.72    | 0.04%             | 2025-10-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                     | HCA Inc                                                                          | CUSIP: 404119CA5<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    143000 | PA      | $123670.09    | 0.05%             | 2030-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BAYER US FINANCE II LLC                                                     | Bayer US Finance II LLC                                                          | CUSIP: 07274NAL7<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |    210000 | PA      | $197553.34    | 0.07%             | 2028-12-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                            | BAT Capital Corp                                                                 | CUSIP: 05526DBV6<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    430000 | PA      | $359005.76    | 0.13%             | 2052-03-16      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| AmWINS Group Inc                                                            | AmWINS Group Inc                                                                 | CUSIP: 03234TAW8<br>LEI: 549300SJE7MUB8NMRG61 | Long             | LON              | CORP              | US        |    171939 | PA      | $169104.35    | 0.06%             | 2028-02-19      | Floating      | 6.48%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                    | Lloyds Banking Group PLC                                                         | CUSIP: 53944YAU7<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    415000 | PA      | $382303.23    | 0.14%             | 2033-08-11      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                                                         | Freddie Mac STACR REMIC Trust 2021-HQA2                                          | CUSIP: 35564KFV6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    815000 | PA      | $715488.30    | 0.26%             | 2033-12-25      | Floating      | 5.98%                 | No            |                  2 | On Loan: No      |
| Conseco Finance Securitization                                              | Conseco Finance Securitizations Corp                                             | CUSIP: 20846QBP2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3422743 | PA      | $753754.94    | 0.28%             | 2029-09-01      | Variable      | 8.06%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA                                                    | Republic of South Africa Government International Bond                           | CUSIP: 836205BC7<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    200000 | PA      | $181340.00    | 0.07%             | 2032-04-20      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| American Home Mortgage Investm                                              | American Home Mortgage Investment Trust 2006-1                                   | CUSIP: 02660THY2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     13076 | PA      | $11048.88     | 0.00%             | 2046-03-25      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| First Horizon Alternative Mort                                              | First Horizon Alternative Mortgage Securities Trust 2006-FA6                     | CUSIP: 32052FAK2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    723297 | PA      | $263828.94    | 0.10%             | 2036-11-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Residential Asset Securitizati                                              | Residential Asset Securitization Trust 2006-A5CB                                 | CUSIP: 76112FAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    207628 | PA      | $91352.41     | 0.03%             | 2036-06-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| INVITATION HOMES OP                                                         | Invitation Homes Operating Partnership LP                                        | CUSIP: 46188BAD4<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              | CORP              | US        |    115000 | PA      | $100685.15    | 0.04%             | 2032-04-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK FINAN                                                            | Vmed O2 UK Financing I PLC                                                       | CUSIP: 92858RAA8<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |    375000 | PA      | $304413.75    | 0.11%             | 2031-01-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| GALAXY PIPELINE ASSETS                                                      | Galaxy Pipeline Assets Bidco Ltd                                                 | CUSIP: 36321PAD2<br>LEI: 549300L82YB0C6JQIC26 | Long             | DBT              | CORP              | JE        |    369864 | PA      | $315309.06    | 0.12%             | 2034-03-31      | Fixed         | 2.16%                 | No            |                  2 | On Loan: No      |
| Residential Asset Securitizati                                              | Residential Asset Securitization Trust 2006-A12                                  | CUSIP: 76113XAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    502024 | PA      | $199183.85    | 0.07%             | 2036-11-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| WF-RBS COMMERCIAL MORTGAGE TRU                                              | WFRBS Commercial Mortgage Trust 2012-C7                                          | CUSIP: 92936TAG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  13098115 | PA      | $1058.98      | 0.00%             | 2045-06-15      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PANAMA                                                          | Panama Government International Bond                                             | CUSIP: 698299BN3<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    240000 | PA      | $178621.30    | 0.07%             | 2032-09-29      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                 | Oracle Corp                                                                      | CUSIP: 68389XBQ7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     40000 | PA      | $29406.24     | 0.01%             | 2047-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                                         | COMM 2015-LC21 Mortgage Trust                                                    | CUSIP: 12593FAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  10015000 | PA      | $230906.84    | 0.09%             | 2048-07-10      | Variable      | 1.08%                 | No            |                  2 | On Loan: No      |
| Waystar Technologies Inc                                                    | Waystar Technologies Inc                                                         | CUSIP: 63939WAG8<br>LEI: 549300BIRBTAWWHCSZ09 | Long             | LON              | CORP              | US        |     97739 | PA      | $96272.58     | 0.04%             | 2026-10-22      | Floating      | 8.38%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Alternative Loan T                                              | Wells Fargo Alternative Loan 2007-PA2 Trust                                      | CUSIP: 94985FAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    198378 | PA      | $157586.63    | 0.06%             | 2037-06-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Citibank, National Association                                              | USD/EUR FORWARD                                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |         1 | NC      | $164.71       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CIM Trust                                                                   | CIM Trust 2021-NR2                                                               | CUSIP: 12565CAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    499715 | PA      | $470631.65    | 0.17%             | 2059-07-25      | Variable      | 2.57%                 | No            |                  2 | On Loan: No      |
| CUBESMART LP                                                                | CubeSmart LP                                                                     | CUSIP: 22966RAJ5<br>LEI: 549300MPHKO3I3FJRA97 | Long             | DBT              | CORP              | US        |    305000 | PA      | $233848.15    | 0.09%             | 2032-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Bombardier Capital Mortgage Se                                              | BCMSC Trust 2000-A                                                               | CUSIP: 09774XBP6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1658345 | PA      | $239020.04    | 0.09%             | 2030-06-15      | Variable      | 7.83%                 | No            |                  2 | On Loan: No      |
| Last Mile Logistics Pan Euro F                                              | Last Mile Logistics Pan Euro Finance DAC                                         | CUSIP: 000000000<br>LEI: 635400NOPX1IKIAX7N90 | Long             | ABS-MBS          | CORP              | IE        |    497769 | PA      | $473914.08    | 0.18%             | 2033-08-17      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                  | Fannie Mae Pool                                                                  | CUSIP: 31381JN24<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     51473 | PA      | $51365.88     | 0.02%             | 2036-04-01      | Floating      | 2.94%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                                              | Alternative Loan Trust 2006-34                                                   | CUSIP: 02148AAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1251453 | PA      | $698679.76    | 0.26%             | 2046-11-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                     | HCA Inc                                                                          | CUSIP: 404119CF4<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    425000 | PA      | $359885.99    | 0.13%             | 2032-03-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                                       | Level 3 Financing Inc                                                            | CUSIP: 527298BS1<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |     40000 | PA      | $29303.96     | 0.01%             | 2029-01-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Structured Asset Mortgage Inve                                              | Structured Asset Mortgage Investments II Trust 2006-AR2                          | CUSIP: 86359LSM2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     11230 | PA      | $9349.19      | 0.00%             | 2036-02-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| GENERAL ELECTRIC CO                                                         | General Electric Co                                                              | CUSIP: 36962GX74<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | DBT              | CORP              | US        |     52000 | PA      | $42991.10     | 0.02%             | 2036-08-15      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                     | HCA Inc                                                                          | CUSIP: 404121AJ4<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    275000 | PA      | $274411.50    | 0.10%             | 2028-09-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| SK INVICTUS INTERMEDIATE                                                    | SK Invictus Intermediate II Sarl                                                 | CUSIP: 29977LAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    450000 | PA      | $369585.00    | 0.14%             | 2029-10-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P                                              | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137FG7J8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4850000 | PA      | $239029.83    | 0.09%             | 2046-05-25      | Variable      | 2.17%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                            | BAT Capital Corp                                                                 | CUSIP: 05526DBB0<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    165000 | PA      | $150495.64    | 0.06%             | 2027-08-15      | Fixed         | 3.56%                 | No            |                  2 | On Loan: No      |
| TEACHERS INSUR & ANNUITY                                                    | Teachers Insurance & Annuity Association of America                              | CUSIP: 878091BF3<br>LEI: O06XD7BJ4EPXNABVFN69 | Long             | DBT              | CORP              | US        |     40000 | PA      | $33088.45     | 0.01%             | 2047-05-15      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                                                | CSMC Trust 2016-NXSR                                                             | CUSIP: 12594PAX9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  11843711 | PA      | $243240.22    | 0.09%             | 2049-12-15      | Variable      | 0.71%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                     | HCA Inc                                                                          | CUSIP: 404121AH8<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9902.70      | 0.00%             | 2026-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Residential Asset Securitizati                                              | Residential Asset Securitization Trust 2007-A6                                   | CUSIP: 76114CAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    144490 | PA      | $83415.43     | 0.03%             | 2037-06-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor                                              | JP Morgan Chase Commercial Mortgage Securities Trust 2020-NNN                    | CUSIP: 46652BBA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    450000 | PA      | $12285.27     | 0.00%             | 2037-01-16      | Variable      | 1.88%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P                                              | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137BLN20<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  12481188 | PA      | $146507.93    | 0.05%             | 2025-07-25      | Variable      | 0.57%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                                              | Government National Mortgage Association                                         | CUSIP: 38378XMU2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   5330480 | PA      | $120496.03    | 0.04%             | 2055-02-16      | Variable      | 0.72%                 | No            |                  2 | On Loan: No      |
| BAYER US FINANCE II LLC                                                     | Bayer US Finance II LLC                                                          | CUSIP: 07274NAQ6<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |     80000 | PA      | $69373.30     | 0.03%             | 2048-06-25      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Citimortgage Alternative Loan                                               | CitiMortgage Alternative Loan Trust Series 2007-A3                               | CUSIP: 12567AAG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    207401 | PA      | $178080.68    | 0.07%             | 2037-03-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                                                          | Royalty Pharma PLC                                                               | CUSIP: 78081BAJ2<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |    125000 | PA      | $106237.91    | 0.04%             | 2027-09-02      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                                                | Centene Corp                                                                     | CUSIP: 15135BAR2<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    455000 | PA      | $427731.04    | 0.16%             | 2027-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Aveanna Healthcare LLC                                                      | Aveanna Healthcare LLC                                                           | CUSIP: 05549DAK4<br>LEI: 5493006D6JRLPIY8YV18 | Long             | LON              | CORP              | US        |     58447 | PA      | $45266.97     | 0.02%             | 2028-07-17      | Floating      | 8.09%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                                                      | VICI Properties LP / VICI Note Co Inc                                            | CUSIP: 92564RAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    145000 | PA      | $132040.63    | 0.05%             | 2027-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Endurance International Group Holdings Inc                                  | Endurance International Group Holdings Inc                                       | CUSIP: 29279UAB2<br>LEI: 549300UTQC2651SB0W88 | Long             | LON              | CORP              | US        |    395000 | PA      | $356487.50    | 0.13%             | 2028-02-10      | Floating      | 7.72%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST URBAN DEV CORP SAL                                              | New York State Urban Development Corp                                            | CUSIP: 64985TDL2<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |    175000 | PA      | $135722.67    | 0.05%             | 2034-03-15      | Fixed         | 2.54%                 | No            |                  2 | On Loan: No      |
| NYU LANGONE HOSPITALS                                                       | NYU Langone Hospitals                                                            | CUSIP: 62954RAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    295000 | PA      | $202358.73    | 0.07%             | 2055-07-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| CenturyLink Inc                                                             | Lumen Technologies Inc                                                           | CUSIP: 15669GAH7<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | LON              | CORP              | US        |      5219 | PA      | $4965.57      | 0.00%             | 2027-03-15      | Floating      | 6.48%                 | No            |                  2 | On Loan: No      |
| TUCSON ELECTRIC POWER CO                                                    | Tucson Electric Power Co                                                         | CUSIP: 898813AL4<br>LEI: YLF139GXSRKPBBTNZL03 | Long             | DBT              | CORP              | US        |    140000 | PA      | $139548.80    | 0.05%             | 2023-03-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| WF-RBS COMMERCIAL MORTGAGE TRU                                              | WFRBS Commercial Mortgage Trust 2012-C10                                         | CUSIP: 92890NAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    227352 | PA      | $7.57         | 0.00%             | 2045-12-15      | Variable      | 1.18%                 | No            |                  2 | On Loan: No      |
| INTELSAT JACKSON HLDG                                                       | Intelsat Jackson Holdings SA                                                     | CUSIP: 000000000<br>LEI: 8XJ8KF85PBKK1TLMFN29 | Long             | DBT              | CORP              | LU        |    535000 | PA      | $0.00         | 0.00%             | 2023-08-01      | Fixed         | 5.50%                 | No            |                  3 | On Loan: No      |
| Countrywide Alternative Loan T                                              | Alternative Loan Trust 2005-86CB                                                 | CUSIP: 12668BFH1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    259863 | PA      | $161837.02    | 0.06%             | 2036-02-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP                                                        | Boston Properties LP                                                             | CUSIP: 10112RAY0<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9022.45      | 0.00%             | 2026-10-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| MLCC Mortgage Investors Inc                                                 | Merrill Lynch Mortgage Investors Trust Series MLCC 2004-B                        | CUSIP: 59020UBU8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      6383 | PA      | $6110.40      | 0.00%             | 2029-05-25      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| Credit-Based Asset Servicing a                                              | Securitized Asset Backed Receivables LLC Trust 2006-CB1                          | CUSIP: 81375WHK5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    256462 | PA      | $200607.26    | 0.07%             | 2036-01-25      | Variable      | 2.91%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GUATEMALA                                                       | Guatemala Government Bond                                                        | CUSIP: 000000000<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |    200000 | PA      | $189955.04    | 0.07%             | 2030-06-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                              | Morgan Stanley                                                                   | CUSIP: 61747YEF8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    170000 | PA      | $124110.03    | 0.05%             | 2036-09-16      | Fixed         | 2.48%                 | No            |                  2 | On Loan: No      |
| PetVet Care Centers LLC                                                     | PetVet Care Centers LLC                                                          | CUSIP: 70476XAK1<br>LEI: 549300V0HK8MSXZNOM91 | Long             | LON              | CORP              | US        |     10866 | PA      | $10245.33     | 0.00%             | 2025-02-14      | Floating      | 7.73%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                                              | Alternative Loan Trust 2005-67CB                                                 | CUSIP: 12668AJ89<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     67889 | PA      | $54172.49     | 0.02%             | 2036-01-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust                                               | Citigroup Mortgage Loan Trust 2009-10                                            | CUSIP: 17316AAF7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    538582 | PA      | $383540.07    | 0.14%             | 2035-12-25      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                        | Bank of America Corp                                                             | CUSIP: 06051GGF0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    125000 | PA      | $116667.61    | 0.04%             | 2028-01-20      | Fixed         | 3.82%                 | No            |                  2 | On Loan: No      |
| NCR CORP                                                                    | NCR Corp                                                                         | CUSIP: 62886EBA5<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |    340000 | PA      | $284729.19    | 0.11%             | 2029-04-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Lehman Mortgage Trust                                                       | Lehman Mortgage Trust 2007-5                                                     | CUSIP: 52521RCJ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8572538 | PA      | $567967.92    | 0.21%             | 2037-06-25      | Floating      | 1.95%                 | No            |                  3 | On Loan: No      |
| Natixis Commercial Mortgage Se                                              | Natixis Commercial Mortgage Securities Trust 2019-FAME                           | CUSIP: 63873VAN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    395000 | PA      | $308309.47    | 0.11%             | 2036-08-15      | Variable      | 4.40%                 | No            |                  2 | On Loan: No      |
| Michaels Companies Inc (The)                                                | Michaels Cos Inc/The                                                             | CUSIP: 59408UAB3<br>LEI: 549300H9LWMBP7HYLR98 | Long             | LON              | CORP              | US        |    167450 | PA      | $145169.94    | 0.05%             | 2028-04-15      | Floating      | 8.98%                 | No            |                  2 | On Loan: No      |
| SOUTHERN NATURAL GAS                                                        | Southern Natural Gas Co LLC                                                      | CUSIP: 84346LAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     65000 | PA      | $52830.36     | 0.02%             | 2047-03-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                                 | 2 YEAR US TREASURY NOTE                                                          | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       145 | NC      | $34665.16     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ADTALEM GLOBAL EDUCATION                                                    | Adtalem Global Education Inc                                                     | CUSIP: 00737WAA7<br>LEI: 549300Z467EZLMODV621 | Long             | DBT              | CORP              | US        |    227000 | PA      | $208543.22    | 0.08%             | 2028-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SCRIPPS ESCROW INC                                                          | Scripps Escrow Inc                                                               | CUSIP: 81104PAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $360000.00    | 0.13%             | 2027-07-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                                                | CSMC 2020-RPL5 Trust                                                             | CUSIP: 12597XAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    207443 | PA      | $204244.49    | 0.08%             | 2060-08-25      | Variable      | 3.02%                 | No            |                  2 | On Loan: No      |
| SFAVE Commercial Mortgage Secu                                              | SFAVE Commercial Mortgage Securities Trust 2015-5AVE                             | CUSIP: 78413MAC2<br>LEI: 549300FIGODFFTOAAU64 | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $259838.41    | 0.10%             | 2043-01-05      | Variable      | 3.66%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                         | JPMorgan Chase & Co                                                              | CUSIP: 46647PCK0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    280000 | PA      | $261278.82    | 0.10%             | 2025-06-23      | Fixed         | 0.97%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P                                              | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137FWGL8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3696038 | PA      | $105288.67    | 0.04%             | 2027-05-25      | Variable      | 1.81%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                                              | Wells Fargo Commercial Mortgage Trust 2015-C27                                   | CUSIP: 94989DAZ2<br>LEI: 5493001SKB2HKIF64L70 | Long             | ABS-MBS          | CORP              | US        |  17362443 | PA      | $241773.75    | 0.09%             | 2048-02-15      | Variable      | 0.84%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                       | Athene Global Funding                                                            | CUSIP: 04685A3C3<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    370000 | PA      | $299619.65    | 0.11%             | 2028-08-19      | Fixed         | 1.99%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO                                                        | Kraft Heinz Foods Co                                                             | CUSIP: 50077LAM8<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    150000 | PA      | $139132.01    | 0.05%             | 2045-07-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| European Loan Conduit                                                       | European Loan Conduit No 36 DAC                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | IE        |    684536 | PA      | $672778.98    | 0.25%             | 2030-02-17      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| Deerfield Dakota Holding LLC                                                | Deerfield Dakota Holding LLC                                                     | CUSIP: 24440EAB3<br>LEI: 549300FDREJLOIGXY104 | Long             | LON              | CORP              | US        |     10866 | PA      | $10175.42     | 0.00%             | 2027-04-09      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| HSI Asset Loan Obligation                                                   | HSI Asset Loan Obligation Trust 2007-WF1                                         | CUSIP: 40431KAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    256324 | PA      | $88205.52     | 0.03%             | 2036-12-25      | Variable      | 4.49%                 | No            |                  2 | On Loan: No      |
| INVESCO CLO 2021-1, Ltd                                                     | Invesco CLO 2021-1 Ltd                                                           | CUSIP: 46090YAC3<br>LEI: 25490016C8NV86EY2059 | Long             | ABS-CBDO         | CORP              | KY        |    650000 | PA      | $472529.20    | 0.17%             | 2034-04-15      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage                                               | Citigroup Commercial Mortgage Trust 2014-GC25                                    | CUSIP: 17322YAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  13900762 | PA      | $171869.17    | 0.06%             | 2047-10-10      | Variable      | 0.95%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II                                                     | GLP Capital LP / GLP Financing II Inc                                            | CUSIP: 361841AP4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    280000 | PA      | $245350.00    | 0.09%             | 2030-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BB-UBS Trust                                                                | BB-UBS Trust 2012-SHOW                                                           | CUSIP: 05538UAL7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3109000 | PA      | $31175.50     | 0.01%             | 2036-11-05      | Variable      | 0.60%                 | No            |                  2 | On Loan: No      |
| ALLIANT ENERGY FINANCE                                                      | Alliant Energy Finance LLC                                                       | CUSIP: 01882YAD8<br>LEI: 54930033ER6EOI5DL570 | Long             | DBT              | CORP              | US        |    155000 | PA      | $133995.76    | 0.05%             | 2032-03-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                                                      | Lumen Technologies Inc                                                           | CUSIP: 156700BD7<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |    500000 | PA      | $347500.00    | 0.13%             | 2029-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae or Freddie Mac                                                   | Fannie Mae or Freddie Mac                                                        | CUSIP: 01F040610<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3600000 | PA      | $3375620.93   | 1.25%             | 2053-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CoreVest American Finance Ltd                                               | Corevest American Finance 2019-3 Trust                                           | CUSIP: 21872NAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    558352 | PA      | $23867.08     | 0.01%             | 2052-10-15      | Variable      | 2.05%                 | No            |                  2 | On Loan: No      |
| IndyMac INDX Mortgage Loan Tru                                              | IndyMac INDX Mortgage Loan Trust 2006-AR3                                        | CUSIP: 45660L5S4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     82221 | PA      | $57051.44     | 0.02%             | 2036-03-25      | Variable      | 3.08%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                                                  | Progress Residential 2021-SFR8 Trust                                             | CUSIP: 74333TAQ2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    838000 | PA      | $703453.15    | 0.26%             | 2038-10-17      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank, NA - CACL                                              | JPMorgan Chase Bank NA - CACLN                                                   | CUSIP: 46591HBW9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    522384 | PA      | $535443.51    | 0.20%             | 2028-09-25      | Fixed         | 28.35%                | No            |                  2 | On Loan: No      |
| JBS USA/FOOD/FINANCE                                                        | JBS USA LUX SA / JBS USA Food Co / JBS USA Finance Inc                           | CUSIP: 46590XAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    376000 | PA      | $358653.24    | 0.13%             | 2030-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                                                     | USD/EUR FORWARD                                                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-11872.60    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MACQUARIE GROUP LTD                                                         | Macquarie Group Ltd                                                              | CUSIP: 55608JAP3<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | CORP              | AU        |    170000 | PA      | $160733.28    | 0.06%             | 2030-01-15      | Fixed         | 5.03%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                                              | Fannie Mae-Aces                                                                  | CUSIP: 3136AT5H3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    283390 | PA      | $6207.11      | 0.00%             | 2039-07-25      | Variable      | 3.03%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                                                   | Morgan Stanley Bank of America Merrill Lynch Trust 2015-C22                      | CUSIP: 61690FAN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1079971 | PA      | $16709.31     | 0.01%             | 2048-04-15      | Variable      | 1.00%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                    | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175CK8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    520000 | PA      | $403559.71    | 0.15%             | 2053-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                                                    | Benchmark 2020-B18 Mortgage Trust                                                | CUSIP: 08163ABR3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    529000 | PA      | $428431.86    | 0.16%             | 2053-07-15      | Fixed         | 4.14%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                                         | COMM 2014-UBS6 Mortgage Trust                                                    | CUSIP: 12592PBG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  11511828 | PA      | $138844.74    | 0.05%             | 2047-12-10      | Variable      | 0.84%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-22

**Name of Applicant:** METROPOLITAN WEST FUNDS

**Signature:** Eric Chan

**Name of Signer:** Eric Chan

**Title:** Managing Director