# EDGAR Filing Document

**Accession Number:** 0001700933
**File Stem:** 0001410368-26-034088
**Filing Date:** 2026-3
**Character Count:** 287823
**Document Hash:** 5360488d0fe7222853810ff650133251
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-034088.hdr.sgml**: 20260331

**ACCESSION NUMBER**: 0001410368-26-034088

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260331

**DATE AS OF CHANGE**: 20260331

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** American Beacon Institutional Funds Trust
- **CENTRAL INDEX KEY:** 0001700933

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23239
- **FILM NUMBER:** 26817662

**BUSINESS ADDRESS:**
- **STREET 1:** 220 EAST LAS COLINAS BOULEVARD
- **STREET 2:** SUITE 1200
- **CITY:** IRVING
- **STATE:** TX
- **ZIP:** 75039
- **BUSINESS PHONE:** 817-391-6100

**MAIL ADDRESS:**
- **STREET 1:** 220 EAST LAS COLINAS BOULEVARD
- **STREET 2:** SUITE 1200
- **CITY:** IRVING
- **STATE:** TX
- **ZIP:** 75039

## Series and Classes Contracts Data

### American Beacon Diversified Fund (Series ID: S000057856)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000186839 | AAL Class    | ZABDFX          |

## Nport-Ex

**United States** 

**Securities and Exchange Commission** 

**Washington, DC 20549** 

**FORM N-Q** 

**QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS** 

**OF REGISTERED MANAGEMENT INVESTMENT COMPANY** 

**Investment Company Act file number: 811-23239** 

## AMERICAN BEACON INSTITUTIONAL FUNDS TRUST
**(Exact name of Registrant as specified in charter)** 

**220 East Las Colinas Blvd., Suite 1200** 

**Irving, Texas 75039** 

**(Address of principal executive offices) (Zip code)** 

**Gregory J. Stumm, PRESIDENT** 

**220 East Las Colinas Blvd., Suite 1200** 

**Irving, Texas 75039** 

**(Name and address of agent for service)** 

**Registrant's telephone number, including area code: (817) 391-6100** 

**Date of fiscal year end: October 31, 2026** 

**Date of reporting period: January 31, 2026** 

Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.

A Registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A Registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget ("OMB") control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

------

ITEM 1. SCHEDULE OF INVESTMENTS.

------

**American Beacon Diversified Fund<sup>SM</sup>** 

**Schedule of Investments** 

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Fair Value** |
|  COMMON STOCKS - 44.0% |  |  |
|  **Communication Services - 2.5%** |  |  |
|  **Diversified Telecommunication Services - 0.7%** |  |  |
|  Comcast Corp., Class A | 83100 | $2472225 |
|  Verizon Communications, Inc. | 41600 | 1852032 |
|  |  | **4324257** |
|  **Entertainment - 0.2%** |  |  |
|  Spotify Technology SA<sup>A</sup> | 2529 | **1265385** |
|  **Interactive Media & Services - 1.3%** |  |  |
|  Alphabet, Inc., Class A | 11954 | 4040452 |
|  Alphabet, Inc., Class C | 11000 | 3723830 |
|  |  | **7764282** |
|  **Media - 0.3%** |  |  |
|  Omnicom Group, Inc. | 16800 | 1294272 |
|  Versant Media Group, Inc.<sup>A</sup> | 2776 | 90442 |
|  |  | **1384714** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Communication Services** |  | **14738638** |
|  **Consumer Discretionary - 2.9%** |  |  |
|  **Automobile Components - 0.6%** |  |  |
|  Aptiv PLC<sup>A</sup> | 37946 | 2874409 |
|  BorgWarner, Inc. | 9400 | 445654 |
|  |  | **3320063** |
|  **Automobiles - 0.4%** |  |  |
|  General Motors Co. | 26600 | **2234400** |
|  **Distributors - 0.1%** |  |  |
|  Genuine Parts Co. | 4800 | **667152** |
|  **Hotels, Restaurants & Leisure - 1.0%** |  |  |
|  Carnival Corp.<sup>A</sup> | 139105 | 4175932 |
|  Wynn Resorts Ltd. | 18604 | 1999000 |
|  |  | **6174932** |
|  **Household Durables - 0.4%** |  |  |
|  Lennar Corp., Class A | 23711 | 2592798 |
|  Lennar Corp., Class B | 666 | 67439 |
|  |  | **2660237** |
|  **Specialty Retail - 0.4%** |  |  |
|  Lithia Motors, Inc. | 1400 | 452816 |
|  Lowe's Cos., Inc. | 6800 | 1816008 |
|  |  | **2268824** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Consumer Discretionary** |  | **17325608** |
|  **Consumer Staples - 2.3%** |  |  |
|  **Beverages - 0.9%** |  |  |
|  Coca-Cola Co. | 26500 | 1982465 |
|  Constellation Brands, Inc., Class A | 5700 | 893190 |
|  Keurig Dr. Pepper, Inc. | 85510 | 2346394 |
|  |  | **5222049** |
|  **Food Products - 0.8%** |  |  |
|  Conagra Brands, Inc. | 18500 | 342435 |
|  J.M. Smucker Co. | 6600 | 692076 |
|  Kraft Heinz Co. | 50100 | 1189374 |
|  McCormick & Co., Inc. | 26633 | 1646718 |

---

*See accompanying notes* 

------

**American Beacon Diversified Fund<sup>SM</sup>** 

**Schedule of Investments** 

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Fair Value** |
|  COMMON STOCKS - 44.0% (continued) | COMMON STOCKS - 44.0% (continued) |  |
|  **Consumer Staples - 2.3% (continued)** |  |  |
|  **Food Products - 0.8% (continued)** |  |  |
|  Mondelez International, Inc., Class A | 15800 | $923826 |
|  |  | **4794429** |
|  **Household Products - 0.2%** |  |  |
|  Procter & Gamble Co. | 9900 | **1502523** |
|  **Tobacco - 0.4%** |  |  |
|  Philip Morris International, Inc. | 12356 | **2217161** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Consumer Staples** |  | **13736162** |
|  **Energy - 3.1%** |  |  |
|  **Energy Equipment & Services - 0.6%** |  |  |
|  Halliburton Co. | 38191 | 1280162 |
|  NOV, Inc. | 57600 | 1056960 |
|  SLB Ltd. | 29780 | 1440756 |
|  |  | **3777878** |
|  **Oil, Gas & Consumable Fuels - 2.5%** |  |  |
|  APA Corp. | 99200 | 2619872 |
|  Chevron Corp. | 11699 | 2069553 |
|  ConocoPhillips | 6653 | 693442 |
|  Coterra Energy, Inc. | 61000 | 1759850 |
|  Exxon Mobil Corp. | 18835 | 2663269 |
|  Murphy Oil Corp. | 5800 | 174522 |
|  Ovintiv, Inc. | 24400 | 1060668 |
|  Permian Resources Corp. | 70882 | 1143327 |
|  Shell PLC, ADR | 19400 | 1494382 |
|  Shell PLC<sup>B</sup> | 30990 | 1187809 |
|  |  | **14866694** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Energy** |  | **18644572** |
|  **Financials - 9.3%** |  |  |
|  **Banks - 4.1%** |  |  |
|  Bank of America Corp. | 75131 | 3996969 |
|  Citigroup, Inc. | 23100 | 2672901 |
|  Citizens Financial Group, Inc. | 15200 | 957296 |
|  Cullen/Frost Bankers, Inc. | 10200 | 1405764 |
|  First Citizens BancShares, Inc., Class A | 477 | 987185 |
|  PNC Financial Services Group, Inc. | 8600 | 1920380 |
|  Truist Financial Corp. | 20040 | 1030457 |
|  U.S. Bancorp | 75650 | 4244721 |
|  Wells Fargo & Co. | 57018 | 5159559 |
|  Western Alliance Bancorp | 18592 | 1657477 |
|  |  | **24032709** |
|  **Capital Markets - 1.2%** |  |  |
|  Ameriprise Financial, Inc. | 4700 | 2477793 |
|  Blackstone, Inc. | 11200 | 1595104 |
|  LPL Financial Holdings, Inc. | 3888 | 1417176 |
|  State Street Corp. | 13300 | 1740438 |
|  |  | **7230511** |
|  **Consumer Finance - 1.1%** |  |  |
|  American Express Co. | 5247 | 1847836 |
|  Capital One Financial Corp. | 18065 | 3954970 |
|  SLM Corp. | 32885 | 892828 |
|  |  | **6695634** |

---

*See accompanying notes* 

------

**American Beacon Diversified Fund<sup>SM</sup>** 

**Schedule of Investments** 

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Fair Value** |
|  COMMON STOCKS - 44.0% (continued) | COMMON STOCKS - 44.0% (continued) |  |
|  **Financials - 9.3% (continued)** |  |  |
|  **Financial Services - 1.1%** |  |  |
|  Berkshire Hathaway, Inc., Class B<sup>A</sup> | 5244 | $2519899 |
|  Corebridge Financial, Inc. | 29600 | 912568 |
|  Fidelity National Information Services, Inc. | 41683 | 2302986 |
|  Fiserv, Inc.<sup>A</sup> | 10000 | 637300 |
|  |  | **6372753** |
|  **Insurance - 1.8%** |  |  |
|  American International Group, Inc. | 71120 | 5325466 |
|  Aon PLC, Class A | 5059 | 1768829 |
|  Arch Capital Group Ltd.<sup>A</sup> | 13746 | 1320166 |
|  Everest Group Ltd. | 2228 | 738092 |
|  Hartford Insurance Group, Inc. | 4800 | 648288 |
|  Willis Towers Watson PLC | 2554 | 810818 |
|  |  | **10611659** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Financials** |  | **54943266** |
|  **Health Care - 5.6%** |  |  |
|  **Biotechnology - 0.4%** |  |  |
|  Amgen, Inc. | 6500 | **2222220** |
|  **Health Care Equipment & Supplies - 2.1%** |  |  |
|  Alcon AG<sup>C</sup> | 18700 | 1514326 |
|  GE HealthCare Technologies, Inc. | 41512 | 3278203 |
|  Medtronic PLC | 62796 | 6465476 |
|  Solventum Corp.<sup>A</sup> | 700 | 53879 |
|  Zimmer Biomet Holdings, Inc. | 10350 | 901174 |
|  |  | **12213058** |
|  **Health Care Providers & Services - 1.6%** |  |  |
|  Centene Corp.<sup>A</sup> | 9800 | 424536 |
|  Cigna Group | 1440 | 394718 |
|  CVS Health Corp. | 9100 | 678132 |
|  Elevance Health, Inc. | 9514 | 3289370 |
|  HCA Healthcare, Inc. | 1410 | 688461 |
|  Humana, Inc. | 3900 | 761280 |
|  Labcorp Holdings, Inc. | 3400 | 923168 |
|  UnitedHealth Group, Inc. | 8661 | 2485101 |
|  |  | **9644766** |
|  **Life Sciences Tools & Services - 0.5%** |  |  |
|  Avantor, Inc.<sup>A</sup> | 88308 | 964324 |
|  Danaher Corp. | 7600 | 1663564 |
|  ICON PLC<sup>A</sup> | 2597 | 468109 |
|  |  | **3095997** |
|  **Pharmaceuticals - 1.0%** |  |  |
|  GSK PLC, ADR<sup>C</sup> | 9000 | 464400 |
|  Merck & Co., Inc. | 39835 | 4392605 |
|  Sanofi SA, ADR | 29338 | 1380060 |
|  |  | **6237065** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Health Care** |  | **33413106** |
|  **Industrials - 5.1%** |  |  |
|  **Aerospace & Defense - 0.6%** |  |  |
|  Boeing Co.<sup>A</sup> | 3740 | 874113 |
|  General Dynamics Corp. | 7700 | 2703393 |
|  |  | **3577506** |

---

*See accompanying notes* 

------

**American Beacon Diversified Fund<sup>SM</sup>** 

**Schedule of Investments** 

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Fair Value** |
|  COMMON STOCKS - 44.0% (continued) | COMMON STOCKS - 44.0% (continued) |  |
|  **Industrials - 5.1% (continued)** |  |  |
|  **Air Freight & Logistics - 0.4%** |  |  |
|  FedEx Corp. | 7110 | $**2291197** |
|  **Building Products - 0.4%** |  |  |
|  Johnson Controls International PLC | 21819 | **2602134** |
|  **Commercial Services & Supplies - 0.1%** |  |  |
|  Waste Connections, Inc. | 3608 | **604701** |
|  **Construction & Engineering - 0.2%** |  |  |
|  AECOM | 6767 | 652542 |
|  Fluor Corp.<sup>A</sup> | 8100 | 374139 |
|  |  | **1026681** |
|  **Electrical Equipment - 0.2%** |  |  |
|  Vertiv Holdings Co., Class A | 6971 | **1297861** |
|  **Ground Transportation - 0.6%** |  |  |
|  JB Hunt Transport Services, Inc. | 6615 | 1340993 |
|  Norfolk Southern Corp. | 2400 | 698976 |
|  Uber Technologies, Inc.<sup>A</sup> | 21500 | 1721075 |
|  |  | **3761044** |
|  **Machinery - 2.3%** |  |  |
|  CNH Industrial NV | 124500 | 1339620 |
|  Cummins, Inc. | 1910 | 1105546 |
|  Deere & Co. | 1340 | 707520 |
|  Fortive Corp. | 40094 | 2117364 |
|  Oshkosh Corp. | 10600 | 1524492 |
|  PACCAR, Inc. | 12450 | 1530229 |
|  Parker-Hannifin Corp. | 4527 | 4236548 |
|  Stanley Black & Decker, Inc. | 5900 | 464094 |
|  Timken Co. | 5000 | 465950 |
|  |  | **13491363** |
|  **Professional Services - 0.1%** |  |  |
|  Experian PLC<sup>B</sup> | 17894 | **672888** |
|  **Trading Companies & Distributors - 0.2%** |  |  |
|  Ferguson Enterprises, Inc. | 4222 | **1065886** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Industrials** |  | **30391261** |
|  **Information Technology - 6.3%** |  |  |
|  **Communications Equipment - 0.8%** |  |  |
|  F5, Inc.<sup>A</sup> | 14600 | 4023906 |
|  Motorola Solutions, Inc. | 1936 | 779318 |
|  |  | **4803224** |
|  **Electronic Equipment, Instruments & Components - 0.3%** |  |  |
|  CDW Corp. | 900 | 113751 |
|  Teledyne Technologies, Inc.<sup>A</sup> | 3400 | 2109020 |
|  |  | **2222771** |
|  **IT Services - 0.4%** |  |  |
|  Cognizant Technology Solutions Corp., Class A | 22187 | 1820665 |
|  Globant SA<sup>A</sup> | 6090 | 407299 |
|  |  | **2227964** |
|  **Semiconductors & Semiconductor Equipment - 1.9%** |  |  |
|  Entegris, Inc. | 23265 | 2746898 |
|  Microchip Technology, Inc. | 60263 | 4575167 |

---

*See accompanying notes* 

------

**American Beacon Diversified Fund<sup>SM</sup>** 

**Schedule of Investments** 

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Fair Value** |
|  COMMON STOCKS - 44.0% (continued) | COMMON STOCKS - 44.0% (continued) |  |
|  **Information Technology - 6.3% (continued)** |  |  |
|  **Semiconductors & Semiconductor Equipment - 1.9% (continued)** |  |  |
|  QUALCOMM, Inc. | 25957 | $3934822 |
|  |  | **11256887** |
|  **Software - 2.4%** |  |  |
|  Adobe, Inc.<sup>A</sup> | 4700 | 1378275 |
|  Microsoft Corp. | 7000 | 3012030 |
|  Monday.com Ltd.<sup>A</sup> | 3122 | 358249 |
|  Oracle Corp. | 8115 | 1335567 |
|  Salesforce, Inc. | 10000 | 2122900 |
|  Synopsys, Inc.<sup>A</sup> | 4000 | 1860460 |
|  Workday, Inc., Class A<sup>A</sup> | 23300 | 4092179 |
|  |  | **14159660** |
|  **Technology Hardware, Storage & Peripherals - 0.5%** |  |  |
|  Hewlett Packard Enterprise Co. | 53950 | 1161004 |
|  Seagate Technology Holdings PLC | 4539 | 1850505 |
|  |  | **3011509** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Information Technology** |  | **37682015** |
|  **Materials - 3.5%** |  |  |
|  **Chemicals - 2.7%** |  |  |
|  Air Products & Chemicals, Inc. | 13451 | 3665398 |
|  Axalta Coating Systems Ltd.<sup>A</sup> | 50924 | 1710028 |
|  Corteva, Inc. | 41200 | 2999360 |
|  Ecolab, Inc. | 8100 | 2284119 |
|  Linde PLC | 2130 | 973346 |
|  Olin Corp. | 26000 | 541060 |
|  PPG Industries, Inc. | 16600 | 1919458 |
|  RPM International, Inc. | 15500 | 1657880 |
|  |  | **15750649** |
|  **Construction Materials - 0.4%** |  |  |
|  Martin Marietta Materials, Inc. | 4000 | **2607800** |
|  **Containers & Packaging - 0.1%** |  |  |
|  Amcor PLC, CDI<sup>B</sup> | 10377 | **449224** |
|  **Metals & Mining - 0.3%** |  |  |
|  Freeport-McMoRan, Inc. | 27816 | **1675358** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Materials** |  | **20483031** |
|  **Real Estate - 0.8%** |  |  |
|  **Industrial REITs - 0.1%** |  |  |
|  Prologis, Inc. | 7365 | **961575** |
|  **Residential REITs - 0.2%** |  |  |
|  Equity LifeStyle Properties, Inc. | 18400 | **1162328** |
|  **Specialized REITs - 0.5%** |  |  |
|  Public Storage | 4442 | 1226836 |
|  VICI Properties, Inc. | 55002 | 1544456 |
|  |  | **2771292** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Real Estate** |  | **4895195** |
|  **Utilities - 2.6%** |  |  |
|  **Electric Utilities - 1.7%** |  |  |
|  Entergy Corp. | 23653 | 2268086 |
|  PG&E Corp. | 84452 | 1302250 |

---

*See accompanying notes* 

------

**American Beacon Diversified Fund<sup>SM</sup>** 

**Schedule of Investments** 

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Fair Value** |
|  COMMON STOCKS - 44.0% (continued) |  |  |
|  **Utilities - 2.6% (continued)** |  |  |
|  **Electric Utilities - 1.7% (continued)** |  |  |
|  Pinnacle West Capital Corp. | 19557 | $1829753 |
|  PPL Corp. | 19600 | 710500 |
|  Xcel Energy, Inc. | 52176 | 3968507 |
|  |  | **10079096** |
|  **Gas Utilities - 0.3%** |  |  |
|  Atmos Energy Corp. | 10280 | **1709975** |
|  **Multi-Utilities - 0.3%** |  |  |
|  Dominion Energy, Inc. | 33800 | **2033746** |
|  **Water Utilities - 0.3%** |  |  |
|  American Water Works Co., Inc. | 12600 | **1627038** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Utilities** |  | **15449855** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Common Stocks (Cost $191,659,046)** |  | **261702709** |
|  | **Principal Amount** |  |
|  CORPORATE OBLIGATIONS - 3.6% |  |  |
|  **Communications - 0.8%** |  |  |
|  **Media - 0.5%** |  |  |
|  Charter Communications Operating LLC/Charter Communications Operating Capital, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, Due 3/15/2028 | $130000 | 129538 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.100%, Due 6/1/2029 | 330000 | 344777 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.484%, Due 10/23/2045 | 140000 | 131765 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, Due 4/1/2048 | 465000 | 400054 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.850%, Due 4/1/2061 | 395000 | 237720 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.950%, Due 6/30/2062 | 395000 | 241106 |
|  Cox Communications, Inc., |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, Due 12/15/2053<sup>D</sup> | 510000 | 436535 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, Due 9/1/2054<sup>D</sup> | 1420000 | 1246867 |
|  |  | **3168362** |
|  **Telecommunications - 0.3%** |  |  |
|  AT&T, Inc., |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, Due 11/1/2054 | 390000 | 372387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.650%, Due 9/15/2059 | 390000 | 257338 |
|  T-Mobile USA, Inc., 5.850%, Due 2/15/2056 | 890000 | 877644 |
|  |  | **1507369** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Communications** |  | **4675731** |
|  **Consumer, Cyclical - 0.0%** |  |  |
|  **Auto Manufacturers - 0.0%** |  |  |
|  Ford Motor Credit Co. LLC, 5.303%, Due 9/6/2029 | 200000 | **202636** |
|  **Consumer, Non-Cyclical - 0.0%** |  |  |
|  **Commercial Services - 0.0%** |  |  |
|  Moody's Corp., 2.550%, Due 8/18/2060 | 180000 | **93054** |
|  **Energy - 0.2%** |  |  |
|  **Oil & Gas - 0.1%** |  |  |
|  BP Capital Markets PLC, 6.450%, Due 12/1/2033, (5 yr. CMT + 2.153%)<sup>E</sup> <sup>F</sup> | 575000 | **610296** |

---

*See accompanying notes* 

------

**American Beacon Diversified Fund<sup>SM</sup>** 

**Schedule of Investments** 

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principal Amount** | **Fair Value** |
|  CORPORATE OBLIGATIONS - 3.6% (continued) |  |  |
|  **Energy - 0.2% (continued)** |  |  |
|  **Pipelines - 0.1%** |  |  |
|  Kinder Morgan Energy Partners LP, 5.400%, Due 9/1/2044 | $85000 | $81248 |
|  ONEOK Partners LP, 6.850%, Due 10/15/2037 | 125000 | 138523 |
|  ONEOK, Inc., 5.700%, Due 11/1/2054 | 390000 | 364412 |
|  Sempra Infrastructure Partners LP, 3.250%, Due 1/15/2032<sup>D</sup> | 205000 | 181360 |
|  |  | **765543** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Energy** |  | **1375839** |
|  **Financial - 0.7%** |  |  |
|  **Banks - 0.2%** |  |  |
|  U.S. Bancorp, 5.300%, Due 4/15/2027, J, (3 mo. USD Term SOFR + 3.176%)<sup>E</sup> <sup>F</sup> | 380000 | 380365 |
|  Wells Fargo & Co., 3.900%, Due 3/15/2026, BB, (5 yr. CMT + 3.453%)<sup>E</sup> <sup>F</sup> | 450000 | 449502 |
|  |  | **829867** |
|  **Diversified Financial Services - 0.2%** |  |  |
|  American Express Co., 3.550%, Due 9/15/2026, D, (5 yr. CMT + 2.854%)<sup>E</sup> <sup>F</sup> | 140000 | 138537 |
|  Charles Schwab Corp., 4.000%, Due 6/1/2026, I, (5 yr. CMT + 3.168%)<sup>E</sup> <sup>F</sup> | 1010000 | 1005975 |
|  |  | **1144512** |
|  **Insurance - 0.1%** |  |  |
|  Fidelity National Financial, Inc., 3.200%, Due 9/17/2051 | 145000 | 92488 |
|  Markel Group, Inc., 5.000%, Due 5/20/2049 | 380000 | 337431 |
|  |  | **429919** |
|  **Investment Companies - 0.2%** |  |  |
|  ARES Capital Corp., |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, Due 1/15/2027 | 100000 | 102679 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.875%, Due 6/15/2028 | 270000 | 259122 |
|  Blue Owl Capital Corp., 2.875%, Due 6/11/2028 | 310000 | 293798 |
|  Golub Capital BDC, Inc., 2.500%, Due 8/24/2026 | 745000 | 736479 |
|  |  | **1392078** |
|  **REITS - 0.0%** |  |  |
|  Public Storage Operating Co., 2.250%, Due 11/9/2031 | 210000 | **187883** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Financial** |  | **3984259** |
|  **Industrial - 0.1%** |  |  |
|  **Aerospace/Defense - 0.1%** |  |  |
|  Boeing Co., 3.200%, Due 3/1/2029 | 285000 | **276970** |
|  **Technology - 0.2%** |  |  |
|  **Computers - 0.0%** |  |  |
|  Dell International LLC/EMC Corp., 3.375%, Due 12/15/2041 | 85000 | **64248** |
|  **Semiconductors - 0.2%** |  |  |
|  Foundry JV Holdco LLC, 6.300%, Due 1/25/2039<sup>D</sup> | 1155000 | **1229356** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Technology** |  | **1293604** |
|  **Utilities - 1.6%** |  |  |
|  **Electric - 1.6%** |  |  |
|  Appalachian Power Co., 4.500%, Due 3/1/2049, Y | 795000 | 655119 |
|  Arizona Public Service Co., 2.650%, Due 9/15/2050 | 105000 | 62786 |
|  Dominion Energy, Inc., |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, Due 2/1/2055, A, (5 yr. CMT + 2.386%)<sup>E</sup> | 235000 | 244739 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, Due 5/15/2055, (5 yr. CMT + 2.207%)<sup>E</sup> | 740000 | 760820 |

---

*See accompanying notes* 

------

**American Beacon Diversified Fund<sup>SM</sup>** 

**Schedule of Investments** 

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principal Amount** | **Fair Value** |
|  CORPORATE OBLIGATIONS - 3.6% (continued) |  |  |
|  **Utilities - 1.6% (continued)** |  |  |
|  **Electric - 1.6% (continued)** |  |  |
|  Duke Energy Carolinas LLC, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, Due 3/15/2035 | $235000 | $242098 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, Due 1/15/2038 | 145000 | 156100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.050%, Due 4/15/2038 | 405000 | 439438 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.200%, Due 8/15/2049 | 175000 | 120140 |
|  Duke Energy Corp., 5.800%, Due 6/15/2054 | 400000 | 395246 |
|  Duke Energy Progress LLC, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.150%, Due 12/1/2044 | 255000 | 212575 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, Due 8/15/2045 | 125000 | 104045 |
|  Duke Energy Progress NC Storm Funding LLC, 2.387%, Due 7/1/2039, A-2 | 715000 | 613568 |
|  Entergy Arkansas LLC, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.350%, Due 6/15/2052 | 115000 | 78394 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, Due 1/15/2056 | 385000 | 385449 |
|  Entergy Corp., |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.800%, Due 6/15/2030 | 115000 | 107841 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.125%, Due 12/1/2054, (5 yr. CMT + 2.670%)<sup>E</sup> | 200000 | 209386 |
|  Entergy Louisiana LLC, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, Due 3/15/2033 | 137000 | 131843 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, Due 3/15/2034 | 440000 | 457009 |
|  Entergy Mississippi LLC, 5.800%, Due 4/15/2055 | 145000 | 145772 |
|  Florida Power & Light Co., 3.950%, Due 3/1/2048 | 120000 | 95569 |
|  Kentucky Utilities Co., 3.300%, Due 6/1/2050 | 185000 | 128109 |
|  PacifiCorp, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.150%, Due 2/15/2050 | 485000 | 363398 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, Due 12/1/2053 | 585000 | 515849 |
|  Public Service Enterprise Group, Inc., |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, Due 4/1/2034 | 515000 | 530997 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, Due 3/15/2035 | 5000 | 5139 |
|  Sempra, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.400%, Due 10/1/2054, (5 yr. CMT + 2.632%)<sup>E</sup> | 565000 | 571563 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, Due 10/1/2054, (5 yr. CMT + 2.789%)<sup>E</sup> | 425000 | 435646 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.550%, Due 4/1/2055, (5 yr. CMT + 2.138%)<sup>E</sup> | 195000 | 198489 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, Due 4/1/2055, (5 yr. CMT + 2.354%)<sup>E</sup> | 345000 | 349963 |
|  System Energy Resources, Inc., 5.300%, Due 12/15/2034 | 545000 | 550433 |
|  |  | **9267523** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Utilities** |  | **9267523** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Corporate Obligations (Cost $21,650,140)** |  | **21169616** |
|  FOREIGN CORPORATE OBLIGATIONS - 1.2% |  |  |
|  **Consumer, Non-Cyclical - 0.5%** |  |  |
|  **Agriculture - 0.2%** |  |  |
|  BAT Capital Corp., |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, Due 2/20/2034 | 130000 | 138944 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.540%, Due 8/15/2047 | 960000 | 797297 |
|  Reynolds American, Inc., 5.700%, Due 8/15/2035 | 455000 | 473355 |
|  |  | **1409596** |
|  **Pharmaceuticals - 0.3%** |  |  |
|  Bayer U.S. Finance II LLC, 4.700%, Due 7/15/2064<sup>D</sup> | 205000 | 157853 |
|  Bayer U.S. Finance LLC, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, Due 11/21/2026<sup>D</sup> | 400000 | 405671 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, Due 11/21/2053<sup>D</sup> | 790000 | 862569 |
|  |  | **1426093** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Consumer, Non-Cyclical** |  | **2835689** |
|  **Financial - 0.6%** |  |  |
|  **Banks - 0.4%** |  |  |
|  Barclays PLC, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.674%, Due 3/12/2028, (1 day USD SOFR + 1.490%)<sup>E</sup> | 320000 | 325471 |

---

*See accompanying notes* 

------

**American Beacon Diversified Fund<sup>SM</sup>** 

**Schedule of Investments** 

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principal Amount** | **Fair Value** |
|  FOREIGN CORPORATE OBLIGATIONS - 1.2% (continued) |  |  |
|  **Financial - 0.6% (continued)** |  |  |
|  **Banks - 0.4% (continued)** |  |  |
|  Barclays PLC, (continued) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.690%, Due 3/12/2030, (1 day USD SOFR + 1.740%)<sup>E</sup> | $200000 | $208264 |
|  HBOS PLC, 6.000%, Due 11/1/2033<sup>D</sup> | 365000 | 383461 |
|  Toronto-Dominion Bank, 4.568%, Due 12/17/2026 | 1870000 | 1882767 |
|  |  | **2799963** |
|  **Insurance - 0.2%** |  |  |
|  Fairfax Financial Holdings Ltd., |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.350%, Due 3/22/2054 | 830000 | 868676 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.100%, Due 3/15/2055 | 165000 | 166292 |
|  |  | **1034968** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Financial** |  | **3834931** |
|  **Utilities - 0.1%** |  |  |
|  **Electric - 0.1%** |  |  |
|  Electricite de France SA, 6.000%, Due 4/22/2064<sup>D</sup> | 570000 | **559038** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Foreign Corporate Obligations (Cost $7,027,747)** |  | **7229658** |
|  FOREIGN SOVEREIGN OBLIGATIONS - 0.2% |  |  |
|  Mexico Government International Bonds, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, Due 2/9/2038 | 285000 | 283860 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.771%, Due 5/24/2061 | 1440000 | 877032 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Foreign Sovereign Obligations (Cost $1,193,409)** |  | **1160892** |
|  ASSET-BACKED OBLIGATIONS - 0.9% |  |  |
|  AmeriCredit Automobile Receivables Trust, 4.120%, Due 5/20/2030, 2025-1 A3<sup>D</sup> | 360000 | 361451 |
|  CarMax Auto Owner Trust, 5.500%, Due 1/16/2029, 2024-2 A3 | 376765 | 381632 |
|  CNH Equipment Trust, 5.420%, Due 10/15/2027, 2024-B A2A | 10825 | 10832 |
|  Compass Datacenters Issuer III LLC, 5.656%, Due 2/25/2050, 2025-1A A2<sup>D</sup> | 325000 | 328330 |
|  Ford Credit Auto Owner Trust, 1.530%, Due 5/15/2034, 2021-2 A<sup>D</sup> | 300000 | 294569 |
|  GM Financial Automobile Leasing Trust, 4.660%, Due 2/21/2028, 2025-1 A3 | 130000 | 131004 |
|  GM Financial Consumer Automobile Receivables Trust, 4.620%, Due 12/17/2029, 2025-1 A3 | 380000 | 383947 |
|  GM Financial Revolving Receivables Trust, 1.170%, Due 6/12/2034, 2021-1 A<sup>D</sup> | 245000 | 240964 |
|  Honda Auto Receivables Owner Trust, 4.570%, Due 9/21/2029, 2025-1 A3 | 390000 | 394226 |
|  John Deere Owner Trust, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.740%, Due 2/16/2027, 2022-B A3 | 23578 | 23574 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.420%, Due 5/17/2027, 2024-B A2A | 106903 | 107025 |
|  Mercedes-Benz Auto Lease Trust, 5.440%, Due 2/16/2027, 2024-A A2A | 23915 | 23935 |
|  New Economy Assets - Phase 1 Sponsor LLC, 1.910%, Due 10/20/2061, 2021-1 A1<sup>D</sup> | 345000 | 289754 |
|  Porsche Financial Auto Securitization Trust, 4.440%, Due 1/22/2030, 2024-1A A3<sup>D</sup> | 700000 | 703430 |
|  Porsche Innovative Lease Owner Trust, 4.670%, Due 11/22/2027, 2024-1A A3<sup>D</sup> | 280000 | 280852 |
|  Stellantis Financial Underwritten Enhanced Lease Trust, 4.630%, Due 7/20/2027, 2025-AA A2<sup>D</sup> | 207958 | 208781 |
|  Taco Bell Funding LLC, 2.294%, Due 8/25/2051, 2021-1A A2II<sup>D</sup> | 275100 | 255637 |
|  Toyota Auto Loan Extended Note Trust, 4.930%, Due 6/25/2036, 2023-1A A<sup>D</sup> | 100000 | 102222 |
|  Volkswagen Auto Lease Trust, 4.010%, Due 1/22/2029, 2025-B A3 | 510000 | 511361 |
|  World Omni Automobile Lease Securitization Trust, 4.420%, Due 4/17/2028, 2025-A A3 | 280000 | 282076 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Asset-Backed Obligations (Cost $5,364,039)** |  | **5315602** |
|  U.S. AGENCY MORTGAGE-BACKED OBLIGATIONS - 9.5% |  |  |
|  Federal Home Loan Mortgage Corp., |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, Due 9/1/2028 | 16197 | 16082 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, Due 11/1/2032 | 45988 | 44926 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, Due 6/1/2035 | 115565 | 109564 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, Due 3/1/2036 | 380591 | 351820 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, Due 9/1/2041 | 383846 | 345444 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, Due 11/1/2041 | 209955 | 189721 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, Due 5/1/2042 | 321117 | 308785 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, Due 6/1/2042 | 568931 | 562400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, Due 4/1/2047 | 258280 | 231568 |

---

*See accompanying notes* 

------

**American Beacon Diversified Fund<sup>SM</sup>** 

**Schedule of Investments** 

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principal Amount** | **Fair Value** |
|  U.S. AGENCY MORTGAGE-BACKED OBLIGATIONS - 9.5% (continued) | U.S. AGENCY MORTGAGE-BACKED OBLIGATIONS - 9.5% (continued) | U.S. AGENCY MORTGAGE-BACKED OBLIGATIONS - 9.5% (continued) |
|  Federal Home Loan Mortgage Corp., (continued) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, Due 1/1/2048 | $137290 | $129130 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, Due 4/1/2048 | 108527 | 104569 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, Due 8/1/2048 | 187715 | 171234 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, Due 7/1/2050 | 241046 | 206922 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, Due 11/1/2051 | 355230 | 308130 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, Due 2/1/2052 | 645590 | 530630 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, Due 3/1/2052 | 773985 | 629894 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, Due 5/1/2052 | 495979 | 428140 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, Due 6/1/2052 | 116583 | 117057 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, Due 3/1/2053 | 588525 | 614505 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, Due 5/1/2053 | 661825 | 650826 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, Due 8/1/2053 | 736845 | 738859 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, Due 8/1/2053 | 649830 | 668671 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, Due 9/1/2053 | 738729 | 761473 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, Due 12/1/2053 | 176845 | 183833 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, Due 2/1/2054 | 1085640 | 1110455 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, Due 8/1/2054 | 751576 | 778752 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, Due 9/1/2054 | 747606 | 753877 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, Due 10/1/2054 | 815615 | 833814 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, Due 5/1/2055 | 1235028 | 1261340 |
|  |  | **13142421** |
|  Federal National Mortgage Association, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, Due 1/1/2028 | 6530 | 6494 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, Due 4/1/2034 | 43713 | 43961 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, Due 10/1/2034 | 94898 | 91964 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, Due 11/1/2035 | 250464 | 231903 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, Due 12/1/2035 | 121865 | 112885 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, Due 1/1/2036 | 200218 | 185457 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, Due 4/1/2036 | 212629 | 200873 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, Due 6/1/2037 | 68367 | 66177 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, Due 6/1/2038 | 8059 | 8388 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, Due 5/1/2040 | 48788 | 50021 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, Due 6/1/2040 | 27695 | 28395 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, Due 11/1/2041 | 244403 | 221002 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, Due 3/1/2042 | 20943 | 21473 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, Due 7/1/2043 | 47404 | 44925 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, Due 7/1/2045 | 86845 | 84592 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, Due 8/1/2045 | 24378 | 23088 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, Due 5/1/2046 | 61531 | 58044 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, Due 6/1/2046 | 168432 | 153621 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, Due 7/1/2046 | 74032 | 72135 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, Due 10/1/2046 | 137099 | 124601 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, Due 11/1/2046 | 183018 | 167828 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, Due 11/1/2046 | 241031 | 228280 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, Due 12/1/2046 | 117192 | 106885 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, Due 3/1/2047 | 28620 | 26987 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, Due 7/1/2047 | 12234 | 12189 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, Due 8/1/2047 | 49231 | 49066 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, Due 9/1/2047 | 69027 | 65050 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, Due 7/1/2048 | 84559 | 84074 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, Due 3/1/2049 | 108188 | 107672 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, Due 10/1/2049 | 85005 | 84346 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, Due 11/1/2049 | 196847 | 190922 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, Due 6/1/2050 | 223087 | 191784 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, Due 8/1/2050 | 583927 | 500437 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, Due 8/1/2050 | 203228 | 181889 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, Due 9/1/2050 | 214882 | 185379 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, Due 10/1/2050 | 90236 | 77385 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, Due 10/1/2050 | 362607 | 326893 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, Due 11/1/2050 | 591651 | 527698 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, Due 2/1/2051 | 698501 | 601834 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, Due 3/1/2051 | 637617 | 527859 |

---

*See accompanying notes* 

------

**American Beacon Diversified Fund<sup>SM</sup>** 

**Schedule of Investments** 

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principal Amount** | **Fair Value** |
|  U.S. AGENCY MORTGAGE-BACKED OBLIGATIONS - 9.5% (continued) | U.S. AGENCY MORTGAGE-BACKED OBLIGATIONS - 9.5% (continued) | U.S. AGENCY MORTGAGE-BACKED OBLIGATIONS - 9.5% (continued) |
|  Federal National Mortgage Association, (continued) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, Due 4/1/2051 | $810440 | $665992 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, Due 5/1/2051 | 291676 | 263369 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, Due 6/1/2051 | 111845 | 99824 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, Due 6/1/2051 | 336983 | 313157 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, Due 7/1/2051 | 1143733 | 937127 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, Due 7/1/2051 | 579452 | 541304 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, Due 8/1/2051 | 477515 | 412338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, Due 10/1/2051 | 306430 | 265430 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, Due 11/1/2051 | 339798 | 290383 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, Due 11/1/2051 | 412347 | 366381 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, Due 12/1/2051 | 564052 | 502033 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, Due 1/1/2052 | 1172972 | 965669 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, Due 2/1/2052 | 1246364 | 1077493 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, Due 5/1/2052 | 347560 | 322337 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, Due 5/1/2052 | 317032 | 305873 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, Due 6/1/2052 | 631644 | 609470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, Due 6/1/2052 | 678506 | 690731 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, Due 8/1/2052 | 612894 | 603024 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, Due 9/1/2052 | 922483 | 907437 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, Due 10/1/2052 | 447973 | 442300 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, Due 4/1/2053 | 241446 | 243939 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, Due 6/1/2053 | 650088 | 645228 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, Due 6/1/2053 | 287829 | 291849 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, Due 7/1/2053 | 642926 | 661142 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, Due 10/1/2053 | 673700 | 685083 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, Due 1/1/2054 | 746150 | 777911 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, Due 2/1/2054 | 737394 | 756264 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, Due 6/1/2054 | 79802 | 84006 |
|  |  | **20801550** |
|  Government National Mortgage Association, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, Due 10/15/2039 | 33633 | 34643 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, Due 9/15/2041 | 76683 | 72126 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, Due 8/20/2047 | 27452 | 25844 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, Due 10/20/2047 | 32175 | 30160 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, Due 12/20/2047 | 60852 | 58646 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, Due 1/20/2048 | 56388 | 54245 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, Due 1/20/2050 | 84404 | 85987 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, Due 2/20/2050 | 57082 | 56719 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, Due 2/20/2050 | 28776 | 29374 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, Due 4/20/2050 | 407355 | 353573 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, Due 6/20/2051 | 404713 | 350767 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, Due 6/20/2051 | 577075 | 521442 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, Due 7/20/2051 | 519414 | 450205 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, Due 8/20/2051 | 320231 | 292846 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, Due 11/20/2051 | 243077 | 210674 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, Due 12/20/2051 | 629090 | 569111 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, Due 1/20/2052 | 240480 | 223039 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, Due 3/20/2052 | 453080 | 432279 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, Due 4/20/2053 | 634511 | 636800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, Due 5/20/2053 | 216977 | 197983 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, Due 6/20/2053 | 581084 | 525455 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, Due 7/20/2053 | 591448 | 603373 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, Due 10/20/2053 | 1089712 | 1116880 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, Due 12/20/2053 | 1710977 | 1755452 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, Due 4/20/2054 | 1133722 | 1162707 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, Due 5/20/2054 | 2249116 | 2305188 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, Due 6/20/2054 | 1174735 | 1204022 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, Due 7/20/2054 | 2239114 | 2294937 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, Due 9/20/2054 | 2299129 | 2356449 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, Due 12/20/2054 | 732906 | 733617 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, Due 12/20/2054 | 1442635 | 1478601 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, Due 1/20/2055 | 1956689 | 2005472 |

---

*See accompanying notes* 

------

**American Beacon Diversified Fund<sup>SM</sup>** 

**Schedule of Investments** 

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principal Amount** | **Fair Value** |
|  U.S. AGENCY MORTGAGE-BACKED OBLIGATIONS - 9.5% (continued) |  |  |
|  Government National Mortgage Association, (continued) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, Due 5/20/2055 | $182475 | $184632 |
|  |  | **22413248** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Agency Mortgage-Backed Obligations (Cost $57,831,894)** |  | **56357219** |
|  U.S. TREASURY OBLIGATIONS - 18.1% |  |  |
|  U.S. Treasury Bonds, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, Due 5/15/2054 | 345000 | 330445 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, Due 5/15/2055 | 1330000 | 1300283 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, Due 8/15/2055 | 11895000 | 11632938 |
|  |  | **13263666** |
|  U.S. Treasury Floating Rate Notes, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.773%, Due 4/30/2027, (3 mo. Treasury money market yield + 0.160%)<sup>E</sup> | 18230000 | 18252854 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.772%, Due 7/31/2027, (3 mo. Treasury money market yield + 0.159%)<sup>E</sup> | 18230000 | 18251681 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.803%, Due 10/31/2027, (3 mo. Treasury money market yield + 0.190%)<sup>E</sup> | 18220000 | 18250891 |
|  |  | **54755426** |
|  U.S. Treasury Notes, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, Due 4/30/2026 | 15320000 | 15361651 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, Due 8/31/2030 | 8060000 | 8008996 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, Due 4/30/2031 | 1245000 | 1291201 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, Due 8/15/2035 | 15025000 | 15039086 |
|  |  | **39700934** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Treasury Obligations (Cost $107,854,922)** |  | **107720026** |
|  | **Shares** |  |
|  FOREIGN COMMON STOCKS - 19.8% |  |  |
|  **Communication Services - 1.1%** |  |  |
|  **Diversified Telecommunication Services - 0.2%** |  |  |
|  Orange SA<sup>B</sup> | 60254 | **1123363** |
|  **Entertainment - 0.2%** |  |  |
|  Nintendo Co. Ltd.<sup>B</sup> | 17700 | 1105100 |
|  Universal Music Group NV<sup>B</sup> | 20958 | 513733 |
|  |  | **1618833** |
|  **Interactive Media & Services - 0.5%** |  |  |
|  Tencent Holdings Ltd.<sup>B</sup> | 38000 | **2912978** |
|  **Media - 0.1%** |  |  |
|  WPP PLC, ADR<sup>C</sup> | 28800 | **601344** |
|  **Wireless Telecommunication Services - 0.1%** |  |  |
|  Bharti Airtel Ltd.<sup>B</sup> | 23955 | **512822** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Communication Services** |  | **6769340** |
|  **Consumer Discretionary - 2.5%** |  |  |
|  **Automobile Components - 0.2%** |  |  |
|  Magna International, Inc. | 28700 | **1467718** |
|  **Automobiles - 0.3%** |  |  |
|  Ferrari NV<sup>B</sup> | 1423 | 473673 |
|  Kia Corp.<sup>B</sup> | 6542 | 694781 |
|  Suzuki Motor Corp.<sup>B</sup> | 34000 | 466383 |
|  |  | **1634837** |
|  **Broadline Retail - 0.7%** |  |  |
|  Alibaba Group Holding Ltd.<sup>B</sup> | 50100 | 1065452 |
|  Coupang, Inc.<sup>A</sup> | 16609 | 334838 |
|  Sea Ltd., ADR<sup>A</sup> | 22786 | 2654341 |
|  |  | **4054631** |
|  **Hotels, Restaurants & Leisure - 0.4%** |  |  |
|  Amadeus IT Group SA<sup>B</sup> | 6371 | 427309 |

---

*See accompanying notes* 

------

**American Beacon Diversified Fund<sup>SM</sup>** 

**Schedule of Investments** 

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Fair Value** |
|  FOREIGN COMMON STOCKS - 19.8% (continued) | FOREIGN COMMON STOCKS - 19.8% (continued) |  |
|  **Consumer Discretionary - 2.5% (continued)** |  |  |
|  **Hotels, Restaurants & Leisure - 0.4% (continued)** |  |  |
|  Compass Group PLC<sup>B</sup> | 27011 | $809051 |
|  Galaxy Entertainment Group Ltd.<sup>B</sup> | 116000 | 590052 |
|  Lottomatica Group SpA<sup>B</sup> | 20707 | 508595 |
|  |  | **2335007** |
|  **Household Durables - 0.3%** |  |  |
|  Sony Group Corp., ADR<sup>C</sup> | 92300 | **2039830** |
|  **Leisure Products - 0.1%** |  |  |
|  Bandai Namco Holdings, Inc.<sup>B</sup> | 11000 | **285343** |
|  **Specialty Retail - 0.2%** |  |  |
|  JD Sports Fashion PLC<sup>B</sup> | 199124 | 223071 |
|  Nitori Holdings Co. Ltd.<sup>B</sup> <sup>C</sup> | 18900 | 324130 |
|  Zalando SE<sup>A</sup> <sup>B</sup> <sup>D</sup> | 19570 | 565888 |
|  |  | **1113089** |
|  **Textiles, Apparel & Luxury Goods - 0.3%** |  |  |
|  Cie Financiere Richemont SA, Class A<sup>B</sup> | 2188 | 423728 |
|  Gildan Activewear, Inc. | 7906 | 513674 |
|  Li Ning Co. Ltd.<sup>B</sup> | 313500 | 817497 |
|  |  | **1754899** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Consumer Discretionary** |  | **14685354** |
|  **Consumer Staples - 1.3%** |  |  |
|  **Beverages - 0.3%** |  |  |
|  Anheuser-Busch InBev SA, ADR<sup>C</sup> | 6800 | 487424 |
|  Arca Continental SAB de CV | 43000 | 484353 |
|  Fomento Economico Mexicano SAB de CV<sup>G</sup> | 58200 | 607343 |
|  Pernod Ricard SA<sup>B</sup> | 4434 | 394227 |
|  |  | **1973347** |
|  **Consumer Staples Distribution & Retail - 0.2%** |  |  |
|  Marks & Spencer Group PLC<sup>B</sup> | 126605 | 636122 |
|  MatsukiyoCocokara & Co.<sup>B</sup> <sup>C</sup> | 18300 | 292971 |
|  |  | **929093** |
|  **Food Products - 0.1%** |  |  |
|  Magnum Ice Cream Co. NV<sup>A</sup> | 3791 | 67307 |
|  Toyo Suisan Kaisha Ltd.<sup>B</sup> | 9700 | 690809 |
|  |  | **758116** |
|  **Personal Products - 0.6%** |  |  |
|  Beiersdorf AG<sup>B</sup> | 5414 | 645350 |
|  Unilever PLC<sup>B</sup> | 40251 | 2744873 |
|  |  | **3390223** |
|  **Tobacco - 0.1%** |  |  |
|  British American Tobacco PLC<sup>B</sup> | 15236 | **920586** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Consumer Staples** |  | **7971365** |
|  **Energy - 0.6%** |  |  |
|  **Oil, Gas & Consumable Fuels - 0.6%** |  |  |
|  Canadian Natural Resources Ltd. | 24713 | 918899 |
|  Suncor Energy, Inc. | 11838 | 625698 |

---

*See accompanying notes* 

------

**American Beacon Diversified Fund<sup>SM</sup>** 

**Schedule of Investments** 

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Fair Value** |
|  FOREIGN COMMON STOCKS - 19.8% (continued) | FOREIGN COMMON STOCKS - 19.8% (continued) |  |
|  **Energy - 0.6% (continued)** |  |  |
|  **Oil, Gas & Consumable Fuels - 0.6% (continued)** |  |  |
|  TotalEnergies SE<sup>C</sup> | 26000 | $1882400 |
|  |  | **3426997** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Energy** |  | **3426997** |
|  **Financials - 4.1%** |  |  |
|  **Banks - 2.7%** |  |  |
|  Banca Monte dei Paschi di Siena SpA<sup>B</sup> | 47248 | 489194 |
|  Banco Santander SA<sup>B</sup> | 75894 | 976529 |
|  Bank Hapoalim BM<sup>B</sup> | 34299 | 850322 |
|  Bank of Nova Scotia | 23206 | 1733952 |
|  Bankinter SA<sup>B</sup> | 29096 | 498074 |
|  Grupo Financiero Banorte SAB de CV, Class O | 67400 | 759850 |
|  ICICI Bank Ltd., ADR | 52928 | 1550261 |
|  Japan Post Bank Co. Ltd.<sup>B</sup> | 34400 | 609970 |
|  KB Financial Group, Inc.<sup>B</sup> | 5688 | 533956 |
|  KBC Group NV<sup>B</sup> | 3597 | 509427 |
|  Lloyds Banking Group PLC<sup>B</sup> | 206765 | 306738 |
|  Mitsubishi UFJ Financial Group, Inc., ADR<sup>C</sup> | 120650 | 2177732 |
|  NU Holdings Ltd., Class A<sup>A</sup> | 74172 | 1316553 |
|  Piraeus Bank SA<sup>B</sup> | 125887 | 1271355 |
|  Resona Holdings, Inc.<sup>B</sup> | 60600 | 699909 |
|  Saudi National Bank<sup>B</sup> | 71112 | 850829 |
|  Societe Generale SA<sup>B</sup> | 10904 | 953229 |
|  |  | **16087880** |
|  **Capital Markets - 0.8%** |  |  |
|  3i Group PLC<sup>B</sup> | 46677 | 2146391 |
|  Deutsche Boerse AG<sup>B</sup> | 5176 | 1309795 |
|  UBS Group AG<sup>B</sup> | 29843 | 1414082 |
|  |  | **4870268** |
|  **Financial Services - 0.2%** |  |  |
|  Adyen NV<sup>A</sup> <sup>B</sup> <sup>D</sup> | 785 | **1166161** |
|  **Insurance - 0.4%** |  |  |
|  AIA Group Ltd.<sup>B</sup> | 115200 | 1330392 |
|  Allianz SE<sup>B</sup> | 1497 | 660508 |
|  |  | **1990900** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Financials** |  | **24115209** |
|  **Health Care - 1.2%** |  |  |
|  **Health Care Equipment & Supplies - 0.1%** |  |  |
|  Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A<sup>B</sup> | 8800 | 239950 |
|  Siemens Healthineers AG<sup>B</sup> <sup>D</sup> | 13912 | 695075 |
|  |  | **935025** |
|  **Health Care Providers & Services - 0.1%** |  |  |
|  Rede D'Or Sao Luiz SA<sup>D</sup> | 68800 | **554165** |
|  **Pharmaceuticals - 1.0%** |  |  |
|  AstraZeneca PLC<sup>B</sup> | 7150 | 1327433 |
|  Merck KGaA<sup>B</sup> | 8096 | 1204758 |
|  Novo Nordisk AS, Class B<sup>B</sup> | 24092 | 1428163 |
|  Otsuka Holdings Co. Ltd.<sup>B</sup> | 12300 | 735779 |
|  Teva Pharmaceutical Industries Ltd., ADR<sup>A</sup> | 36992 | 1260688 |
|  |  | **5956821** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Health Care** |  | **7446011** |

---

*See accompanying notes* 

------

**American Beacon Diversified Fund<sup>SM</sup>** 

**Schedule of Investments** 

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Fair Value** |
|  FOREIGN COMMON STOCKS - 19.8% (continued) | FOREIGN COMMON STOCKS - 19.8% (continued) |  |
|  **Industrials - 4.3%** |  |  |
|  **Aerospace & Defense - 1.5%** |  |  |
|  BAE Systems PLC<sup>B</sup> | 86399 | $2330031 |
|  Rheinmetall AG<sup>B</sup> | 389 | 821272 |
|  Rolls-Royce Holdings PLC<sup>B</sup> | 187688 | 3120560 |
|  Safran SA<sup>B</sup> | 5272 | 1877908 |
|  Thales SA<sup>B</sup> | 1653 | 501572 |
|  |  | **8651343** |
|  **Building Products - 0.1%** |  |  |
|  Cie de Saint-Gobain SA<sup>B</sup> | 3589 | **355221** |
|  **Electrical Equipment - 1.1%** |  |  |
|  ABB Ltd.<sup>B</sup> | 7082 | 611958 |
|  Contemporary Amperex Technology Co. Ltd., Class A<sup>B</sup> | 11595 | 586233 |
|  Legrand SA<sup>B</sup> | 5630 | 899584 |
|  Siemens Energy AG<sup>A</sup> <sup>B</sup> | 27743 | 4753154 |
|  |  | **6850929** |
|  **Ground Transportation - 0.2%** |  |  |
|  Canadian Pacific Kansas City Ltd. | 15645 | **1163049** |
|  **Machinery - 0.8%** |  |  |
|  Alstom SA<sup>A</sup> <sup>B</sup> | 16019 | 512649 |
|  Ebara Corp.<sup>B</sup> | 18200 | 549640 |
|  IMI PLC<sup>B</sup> | 24466 | 925977 |
|  Mitsubishi Heavy Industries Ltd.<sup>B</sup> | 57032 | 1669737 |
|  Sandvik AB<sup>B</sup> | 12782 | 505805 |
|  Techtronic Industries Co. Ltd.<sup>B</sup> | 47000 | 644268 |
|  |  | **4808076** |
|  **Professional Services - 0.3%** |  |  |
|  Bureau Veritas SA<sup>B</sup> | 28859 | 928260 |
|  RELX PLC<sup>B</sup> | 31048 | 1100773 |
|  |  | **2029033** |
|  **Trading Companies & Distributors - 0.3%** |  |  |
|  Howden Joinery Group PLC<sup>B</sup> | 65857 | 754225 |
|  IMCD NV<sup>B</sup> | 5904 | 551043 |
|  RS Group PLC<sup>B</sup> | 52035 | 477448 |
|  |  | **1782716** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Industrials** |  | **25640367** |
|  **Information Technology - 3.8%** |  |  |
|  **Communications Equipment - 0.5%** |  |  |
|  Telefonaktiebolaget LM Ericsson, ADR<sup>C</sup> | 265840 | **2871072** |
|  **Electronic Equipment, Instruments & Components - 0.4%** |  |  |
|  Hexagon AB, Class B<sup>B</sup> | 53008 | 601468 |
|  Lotes Co. Ltd.<sup>B</sup> | 10000 | 453291 |
|  Shimadzu Corp.<sup>B</sup> <sup>C</sup> | 33100 | 891738 |
|  TE Connectivity PLC | 2600 | 579228 |
|  |  | **2525725** |
|  **IT Services - 0.2%** |  |  |
|  Capgemini SE<sup>B</sup> | 3438 | 534732 |
|  Shopify, Inc., Class A<sup>A</sup> | 7148 | 938032 |
|  |  | **1472764** |
|  **Semiconductors & Semiconductor Equipment - 2.1%** |  |  |
|  ASM International NV<sup>B</sup> | 1107 | 929785 |
|  ASML Holding NV | 1736 | 2470328 |

---

*See accompanying notes* 

------

**American Beacon Diversified Fund<sup>SM</sup>** 

**Schedule of Investments** 

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Fair Value** |
|  FOREIGN COMMON STOCKS - 19.8% (continued) |  |  |
|  **Information Technology - 3.8% (continued)** |  |  |
|  **Semiconductors & Semiconductor Equipment - 2.1% (continued)** |  |  |
|  SK Hynix, Inc.<sup>B</sup> | 3124 | $1978302 |
|  Taiwan Semiconductor Manufacturing Co. Ltd., ADR | 11810 | 3903914 |
|  Taiwan Semiconductor Manufacturing Co. Ltd.<sup>B</sup> | 52000 | 2922516 |
|  |  | **12204845** |
|  **Software - 0.2%** |  |  |
|  SAP SE<sup>B</sup> | 5197 | **1050593** |
|  **Technology Hardware, Storage & Peripherals - 0.4%** |  |  |
|  Samsung Electronics Co. Ltd.<sup>B</sup> | 20290 | **2266638** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Information Technology** |  | **22391637** |
|  **Materials - 0.6%** |  |  |
|  **Chemicals - 0.3%** |  |  |
|  Croda International PLC<sup>B</sup> | 16358 | 611235 |
|  Nippon Sanso Holdings Corp.<sup>B</sup> <sup>C</sup> | 10100 | 306282 |
|  Symrise AG<sup>B</sup> | 9241 | 778345 |
|  |  | **1695862** |
|  **Metals & Mining - 0.3%** |  |  |
|  Anglo American PLC<sup>B</sup> | 22834 | 1058311 |
|  Rio Tinto PLC<sup>B</sup> | 6693 | 608996 |
|  |  | **1667307** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Materials** |  | **3363169** |
|  **Utilities - 0.3%** |  |  |
|  **Electric Utilities - 0.1%** |  |  |
|  SSE PLC<sup>B</sup> | 15402 | **511762** |
|  **Multi-Utilities - 0.2%** |  |  |
|  Engie SA<sup>B</sup> | 44650 | **1330887** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Utilities** |  | **1842649** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Foreign Common Stocks (Cost $79,877,632)** |  | **117652098** |
|  FOREIGN PREFERRED STOCKS - 0.1% (Cost $389,553) |  |  |
|  **Financials - 0.1%** |  |  |
|  **Banks - 0.1%** |  |  |
|  Itau Unibanco Holding SA, 9.784%<sup>H</sup> <sup>I</sup> | 90932 | **786168** |
|  SHORT-TERM INVESTMENTS - 2.5% (Cost $14,932,757) |  |  |
|  **Investment Companies - 2.5%** |  |  |
|  American Beacon U.S. Government Money Market Select Fund, 3.58%<sup>J</sup> <sup>K</sup> | 14932757 | **14932757** |
|  SECURITIES LENDING COLLATERAL - 0.3% (Cost $1,690,899) |  |  |
|  **Investment Companies - 0.3%** |  |  |
|  American Beacon U.S. Government Money Market Select Fund, 3.58%<sup>J</sup> <sup>K</sup> | 1690899 | **1690899** |
|  **TOTAL INVESTMENTS - 100.2% (Cost $489,472,038)** |  | **595717644** |
|  **LIABILITIES, NET OF OTHER ASSETS - (0.2%)** |  | **(1242447)** |
|  **TOTAL NET ASSETS - 100.0%** |  | $**594475197** |

---

Percentages are stated as a percent of net assets.

<sup>A</sup> Non-income producing security.

<sup>B</sup> Security has been fair valued pursuant to the Manager's procedures related to pricing that is not available after the close of exchange or the available price does not reflect the security's true market value. At period end, the value of these securities amounted to $84,078,819 or 14.1% of net assets. 

*See accompanying notes* 

------

**American Beacon Diversified Fund<sup>SM</sup>** 

**Schedule of Investments** 

January 31, 2026 (Unaudited)

<sup>C</sup> All or a portion of this security is on loan, collateralized by either cash and/or U.S. Treasuries at January 31, 2026.

<sup>D</sup> Security exempt from registration under the Securities Act of 1933. These securities may be resold to qualified institutional buyers pursuant to Rule 144A. At the period end, the value of these securities amounted to $11,509,989 or 1.9% of net assets. The Fund has no right to demand registration of these securities. 

<sup>E</sup> Variable, floating, or adjustable rate securities with an interest rate that changes periodically. Rates are periodically reset with rates that are based on a predetermined benchmark such as a widely followed interest rate such as T-bills, SOFR or PRIME plus a fixed spread. The interest rate disclosed reflects the rate in effect on January 31, 2026. 

<sup>F</sup> Perpetual maturity. The date shown, if any, is the next call date.

<sup>G</sup> Unit - Usually consists of one common stock and/or rights and warrants.

<sup>H</sup> Coupon rate may change based on changes of the underlying collateral or prepayments of principal. The coupon rate shown represents the rate at period end.

<sup>I</sup> A type of Preferred Stock that has no maturity date.

<sup>J</sup> The Fund is affiliated by having the same investment advisor.

<sup>K</sup> 7-day yield.

ADR - American Depositary Receipt.

BDC - Business Development Company.

CDI - CHESS (Clearing House Electronic Subregister System) Depositary Interest.

CMT - Constant Maturity Treasury.

LLC - Limited Liability Company.

LP - Limited Partnership.

PLC - Public Limited Company.

PRIME - A rate, charged by banks, based on the U.S. Federal Funds rate.

REITs - Real Estate Investment Trusts.

SOFR - Secured Overnight Financing Rate.

USD - United States Dollar.

***Long Futures Contracts Open on January 31, 2026:***

**Equity Futures Contracts** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br>**Contracts** | **Expiration Date** | **Notional Amount** | **Contract Value** | **Unrealized**<br>**Appreciation**<br>**(Depreciation)** |
|  CME E-Mini S&P 500 ESG Index Futures | 22 | March 2026 | $7652500 | $7662325 | $9825 |
|  ICE U.S. Mini MSCI EAFE Index Futures | 17 | March 2026 | 2547525 | 2581280 | 33755 |
|  ICE U.S. MSCI Emerging Markets Index Futures | 16 | March 2026 | 1195290 | 1216640 | 21350 |
|  |  |  | $11395315 | $11460245 | $64930 |

---

***Glossary:***

**<u>Index Abbreviations:</u>**

MSCI EAFE Morgan Stanley Capital International - Europe, Australasia, and Far East. <br> S&P 500 Standard & Poor's 500 Index - U.S. Equity Large-Cap Index.

**<u>Exchange Abbreviations:</u>**

CME Chicago Mercantile Exchange. <br> ICE Intercontinental Exchange.

**<u>Other Abbreviations:</u>**

ESG Environmental, Social, Governance.

The Fund's investments are summarized by level based on the inputs used to determine their values. As of January 31, 2026, the investments were classified as described below:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Diversified Fund** | **Level 1** | **Level 2** | **Level 3** | **Total** |
|  ***Assets*** |  |  |  |  |
|  Common Stocks | $259392788 | $2309921 | $— | $261702709 |
|  Corporate Obligations |  | 21169616 |  | 21169616 |
|  Foreign Corporate Obligations |  | 7229658 |  | 7229658 |
|  Foreign Sovereign Obligations |  | 1160892 |  | 1160892 |
|  Asset-Backed Obligations |  | 5315602 |  | 5315602 |
|  U.S. Agency Mortgage-Backed Obligations |  | 56357219 |  | 56357219 |
|  U.S. Treasury Obligations |  | 107720026 |  | 107720026 |

---

*See accompanying notes* 

------

**American Beacon Diversified Fund<sup>SM</sup>** 

**Schedule of Investments** 

January 31, 2026 (Unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Diversified Fund** | **Level 1** | **Level 2** | **Level 3** | **Total** |
|  ***Assets (continued)*** |  |  |  |  |
|  Foreign Common Stocks | $35883200 | $81768898 | $— | $117652098 |
|  Foreign Preferred Stocks | 786168 |  |  | 786168 |
|  Short-Term Investments | 14932757 |  |  | 14932757 |
|  Securities Lending Collateral | 1690899 |  |  | 1690899 |
|  Total Investments in Securities - Assets | $312685812 | $283031832 | $— | $595717644 |
|  ***Financial Derivative Instruments - Assets*** |  |  |  |  |
|  Futures Contracts | $64930 | $— | $— | $64930 |
|  Total Financial Derivative Instruments - Assets | $64930 | $— | $— | $64930 |

---

U.S. GAAP requires transfers between all levels to/from level 3 be disclosed. During the period ended January 31, 2026, there were no transfers into or out of Level 3.

*See accompanying notes* 

------

**American Beacon Diversified Fund<sup>SM</sup>** 

**Supplementary Notes to Schedule of Investments** 

January 31, 2026 (Unaudited)

**Security Valuation and Fair Value Measurements** 

The price of the Fund's shares is based on its net asset value ("NAV") per share. The Fund's NAV is computed by adding total assets, subtracting all the Fund's liabilities, and dividing the result by the total number of shares outstanding.

The NAV of each class of the Fund's shares is determined based on a pro rata allocation of the Fund's investment income, expenses and total capital gains and losses. The Fund's NAV per share is determined each business day as of the regular close of trading on the New York Stock Exchange ("NYSE" or "Exchange"), which is typically 4:00 p.m. Eastern Time ("ET"). However, if trading on the NYSE closes at a time other than 4:00 p.m. ET, the Fund's NAV per share typically would still be determined as of the regular close of trading on the NYSE. The Fund does not price its shares on days that the NYSE is closed. Foreign exchanges may permit trading in foreign securities on days when the Fund is not open for business, which may result in the value of the Fund's portfolio investments being affected at a time when you are unable to buy or sell shares.

Equity securities, including shares of closed-end funds and exchange-traded funds ("ETFs"), are valued at the last sale price or official closing price taken from the primary exchange in which each security trades. Investments in other mutual funds are valued at the closing NAV per share on the day of valuation. Debt securities are valued at bid quotes from broker/dealers or evaluated bid prices from pricing services, who may consider a number of inputs and factors, such as prices of comparable securities, yield curves, spreads, credit ratings, coupon rates, maturity, default rates, and underlying collateral. Futures are valued based on their daily settlement prices. Exchange-traded and over-the-counter ("OTC") options are valued at the last sale price. Options with no last sale for the day are priced at mid quote. Swaps are valued at evaluated mid prices from pricing services.

The valuation of securities traded on foreign markets and certain fixed-income securities will generally be based on prices determined as of the earlier closing time of the markets on which they primarily trade unless a significant event has occurred. When the Fund holds securities or other assets that are denominated in a foreign currency, the Fund will normally use the currency exchange rates as of 4:00 p.m. ET.

Rule 2a-5 under the Investment Company Act (the "Valuation Rule") establishes requirements for determining fair value in good faith for purposes of the Investment Company Act, including related oversight and reporting requirements. The Valuation Rule also defines when market quotations are "readily available," which is the threshold for determining whether a Fund must fair value a security. Among other things, the Valuation Rule permits the Board to designate the Manager as Valuation Designee to perform the Fund's fair value determinations subject to board oversight and certain reporting and other requirements intended to ensure that the Board receives the information it needs to oversee the Manager's fair value determinations. Effective September 8, 2022, the Board has designated the Manager as valuation designee to perform fair value functions in accordance with the requirements of the Valuation Rule.

Securities may be valued at fair value, as determined in good faith and pursuant to the Manager's procedures, under certain limited circumstances. For example, fair value pricing will be used for fixed-income securities and when market quotations are not readily available or reliable, as determined by the Manager, such as when (i) trading for a security is restricted or stopped; (ii) a security's trading market is closed (other than customary closings); or (iii) a security has been de-listed from a national exchange. A security with limited market liquidity may require fair value pricing if the Manager determines that the available price does not reflect the security's true market value. In addition, if a significant event that the Manager determines to affect the value of one or more securities held by the Fund occurs after the close of a related exchange but before the determination of the Fund's NAV, fair value pricing may be used on the affected security or securities. Securities of small-capitalization companies are also more likely to require a fair value determination using these procedures because they are more thinly traded and less liquid than the securities of larger-capitalization companies. The Fund may fair value securities as a result of significant events occurring after the close of the foreign markets in which the Fund invests as described below. In addition, the Fund may invest in illiquid securities requiring these procedures.

The Fund may use fair value pricing for securities primarily traded in non-U.S. markets because most foreign markets close well before the Fund's pricing time of 4:00 p.m. ET. The earlier close of these foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. If the Manager determines that the last quoted prices of non-U.S. securities will, in its judgment, materially affect the value of some or all the Fund's portfolio securities, the Manager can adjust the previous closing prices to reflect what it believes to be the fair value of the securities as of the close of the Exchange. In deciding whether it is necessary to adjust closing prices to reflect fair value, the Manager reviews a variety of factors, including developments in foreign markets, the performance of U.S. securities markets, and the performance of instruments trading in U.S. markets that represent foreign securities and baskets of foreign securities. These securities are fair valued using a pricing service, using methods approved by the Manager, that considers the correlation of the trading patterns of the foreign security to intraday trading in the U.S. markets, based on indices of domestic securities and other appropriate indicators such as prices of relevant American Depositary Receipts ("ADRs") and futures contracts. The Manager's Valuation Committee may also fair value securities in other situations, such as when a particular foreign market is closed but the Fund is open. The Fund uses outside pricing services to provide closing prices and information to evaluate and/or adjust those prices. As a means of evaluating its security valuation process, the Valuation Committee routinely compares closing prices, the next day's opening prices in the same markets and adjusted prices.

------

**American Beacon Diversified Fund<sup>SM</sup>** 

**Supplementary Notes to Schedule of Investments** 

January 31, 2026 (Unaudited)

Attempts to determine the fair value of securities introduce an element of subjectivity to the pricing of securities. As a result, the price of a security determined through fair valuation techniques may differ from the price quoted or published by other sources and may not accurately reflect the market value of the security when trading resumes. If a reliable market quotation becomes available for a security formerly valued through fair valuation techniques, the Manager compares the new market quotation to the fair value price to evaluate the effectiveness of the Fund's fair valuation procedures. If any significant discrepancies are found, the Manager may adjust Manager's fair valuation procedures for the Fund.

*Valuation Inputs* 

Various inputs may be used to determine the fair value of the Fund's investments. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.

---

| | |
|:---|:---|
| Level 1 - | Quoted prices in active markets for identical securities. |
| Level 2 - | Prices determined using other significant observable inputs. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, and others. |
| Level 3 - | Prices determined using other significant unobservable inputs. Unobservable inputs reflect the Fund's own assumptions about the factors market participants would use in pricing an investment. |

---

*Level 1 and Level 2 trading assets and trading liabilities, at fair value* 

Common stocks, ETFs, preferred securities, and financial derivative instruments, such as futures contracts that are traded on a national securities exchange, are stated at the last reported sale or settlement price on the day of valuation. To the extent these securities are actively traded and valuation adjustments are not applied, they are categorized as Level 1 of the fair value hierarchy. Preferred securities and other equities traded on inactive markets or valued by reference to similar instruments are generally categorized as Level 2 of the fair value hierarchy. Valuation adjustments may be applied to certain securities that are solely traded on a foreign exchange to account for the market movement between the close of the foreign market and the close of the Exchange. These securities are valued using pricing service providers that consider the correlation of the trading patterns of the foreign security to the intraday trading in the U.S. markets for investments. Securities using these valuation adjustments are categorized as Level 2 of the fair value hierarchy.

Fixed-income securities including corporate, convertible and municipal bonds and notes, U.S. government agencies, U.S. Treasury obligations, sovereign issues, bank loans, convertible preferred securities, and non-U.S. bonds are normally valued by pricing service providers that use broker dealer quotations, reported trades or valuation estimates from their internal pricing models. The service providers' internal models use inputs that are observable such as issuer details, interest rates, yield curves, prepayment speeds, credit risks/spreads, default rates, and quoted prices for similar assets. Securities that use similar valuation techniques and inputs as described above are categorized as Level 2 of the fair value hierarchy. Fixed-income securities purchased on a delayed-delivery basis are marked-to-market daily until settlement at the forward settlement date and are categorized as Level 2 of the fair value hierarchy.

Mortgage-related and asset-backed securities ("ABS") are usually issued as separate tranches, or classes, of securities within each deal. These securities are also normally valued by pricing service providers that use broker-dealer quotations or valuation estimates from their internal pricing models. The pricing models for these securities usually consider tranche-level attributes, current market data, estimated cash flows, and market-based yield spreads for each tranche, and incorporates deal collateral performance, as available. Mortgage-related and ABS that use similar valuation techniques and inputs as described above are categorized as Level 2 of the fair value hierarchy.

Investments in registered open-end investment management companies will be valued based upon the NAVs of such investments and are categorized as Level 1 of the fair value hierarchy.

With respect to the Fund's investments that do not have readily available market quotations, the Board has designated the Adviser as its valuation designee to perform fair valuations pursuant to Rule 2a-5 under the Act (the "Valuation Designee"). If market prices are not readily available or are deemed unreliable, the Valuation Designee will use the fair value of the security or other instrument as determined in good faith under policies and procedures established by and under the supervision of the Board ("Valuation Procedures"). Market prices are considered not readily available where there is an absence of current or reliable market-based data (e.g., trade information or broker quotes), including where events occur after the close of the relevant market, but prior to the NYSE Close, that materially affect the values of the Fund's portfolio holdings or assets. In addition, market prices are considered not readily available when, due to extraordinary circumstances, the exchanges or markets on which the securities or other instruments trade

------

**American Beacon Diversified Fund<sup>SM</sup>** 

**Supplementary Notes to Schedule of Investments** 

January 31, 2026 (Unaudited)

do not open for trading for the entire day and no other market prices are available. Fair value pricing is subjective in nature and the use of fair value pricing by the Valuation Designee may cause the NAV of the Fund's shares to differ significantly from the NAV that would have been calculated using market prices at the close of the exchange on which a portfolio holding is primarily traded. There can be no assurance that the Fund could obtain the fair value assigned to an investment if the Fund were to sell the investment at approximately the time at which the Fund determines its NAV.

OTC financial derivative instruments, such as forward foreign currency contracts derive their value from underlying asset prices, indices, reference rates, and other inputs or a combination of these factors. These contracts are normally valued on the basis of broker dealer quotations or pricing service providers. Depending on the product and the terms of the transaction, the fair value of the financial derivative contracts can be estimated by a pricing service provider using a series of techniques, including simulation pricing models. The pricing models use inputs that are observed from actively quoted markets such as issuer details, indices, spreads, interest rates, curves, dividends, and exchange rates. Financial derivatives that use similar valuation techniques and inputs as described above are categorized as Level 2 of the fair value hierarchy.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** American Beacon Institutional Funds Trust

- **b. Investment Company Act file number:** 811-23239

- **c. CIK number of Registrant:** 0001700933

- **d. LEI of Registrant:** 549300WDJ1HUF6WMNQ53

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

  - **Street Address 1:** 220 EAST LAS COLINAS BOULEVARD

  - **City:** IRVING

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 75039

  - **Telephone number:** 817-391-6100

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

- **a. Name of Series:** American Beacon Diversified Fund

- **b. EDGAR series identifier (if any):** S000057856

- **c. LEI of Series:** 549300I6NELIHOOMHG57

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-01-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $599169098.79

**Total Liabilities:** $3563519.91

**Net Assets:** $595605578.88

**Cash Not Reported:** $552185.85

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -177.51000000 | **1-Year:** -1557.70000000 | **5-Year:** -3770.98000000 | **10-Year:** -10312.06000000 | **30-Year:** -9602.89000000

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

- **3-Month:** -5.45000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000186839 | 0.55%                | 0.85%                | 2.43%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2541588.06              | $-219077.03                                |
| Month 2  | $2884550.31              | $750491.63                                 |
| Month 3  | $5323649.71              | $7523711.17                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| AT&T INC                                               | AT&T, Inc.                                                                    | CUSIP: 00206RLV2<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    390000 | PA      | $257338.50    | 0.04%             | 2059-09-15      | Fixed         | 3.65%                 | No            | 2                  | On Loan: No      |
| AT&T INC                                               | AT&T, Inc.                                                                    | CUSIP: 00206RNE8<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    390000 | PA      | $372386.79    | 0.06%             | 2054-11-01      | Fixed         | 5.70%                 | No            | 2                  | On Loan: No      |
| Adobe Inc                                              | Adobe, Inc.                                                                   | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      4700 | NS      | $1378275.00   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| AECOM                                                  | AECOM                                                                         | CUSIP: 00766T100<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | EC               | CORP              | US        |      6767 | NS      | $652541.81    | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Air Products and Chemicals Inc                         | Air Products & Chemicals, Inc.                                                | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |     13451 | NS      | $3665397.50   | 0.62%             |  |  |  | No            | 1                  | On Loan: No      |
| Alphabet Inc                                           | Alphabet, Inc.                                                                | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     11000 | NS      | $3723830.00   | 0.63%             |  |  |  | No            | 1                  | On Loan: No      |
| Alphabet Inc                                           | Alphabet, Inc.                                                                | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     11954 | NS      | $4040452.00   | 0.68%             |  |  |  | No            | 1                  | On Loan: No      |
| American Express Co                                    | American Express Co.                                                          | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |      5247 | NS      | $1847835.99   | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| AMERICAN EXPRESS CO                                    | American Express Co.                                                          | CUSIP: 025816CH0<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    140000 | PA      | $138536.85    | 0.02%             | 2026-09-15      | Fixed         | 3.55%                 | No            | 2                  | On Loan: No      |
| BAE Systems PLC                                        | BAE Systems PLC                                                               | CUSIP: 000000000<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | EC               | CORP              | GB        |     87073 | NS      | $2354900.06   | 0.40%             |  |  |  | No            | 2                  | On Loan: No      |
| American International Group Inc                       | American International Group, Inc.                                            | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |     71120 | NS      | $5325465.60   | 0.89%             |  |  |  | No            | 1                  | On Loan: No      |
| British American Tobacco PLC                           | British American Tobacco PLC                                                  | CUSIP: 000000000<br>LEI: 213800FKA5MF17RJKT63 | Long             | EC               | CORP              | GB        |     15236 | NS      | $923210.57    | 0.16%             |  |  |  | No            | 2                  | On Loan: No      |
| American Water Works Co Inc                            | American Water Works Co., Inc.                                                | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |     12600 | NS      | $1627038.00   | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| AmeriCredit Automobile Receivables Trust               | AmeriCredit Automobile Receivables Trust                                      | CUSIP: 03067FAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    360000 | PA      | $361451.34    | 0.06%             | 2030-05-20      | Fixed         | 4.12%                 | No            | 2                  | On Loan: No      |
| Ameriprise Financial Inc                               | Ameriprise Financial, Inc.                                                    | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |      4700 | NS      | $2477793.00   | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| RS GROUP PLC                                           | RS Group PLC                                                                  | CUSIP: 000000000<br>LEI: 549300KVXDURRKVW7R37 | Long             | EC               | CORP              | GB        |     52035 | NS      | $477447.67    | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| Amgen Inc                                              | Amgen, Inc.                                                                   | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |      6500 | NS      | $2222220.00   | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| Anheuser-Busch InBev SA/NV                             | Anheuser-Busch InBev SA                                                       | CUSIP: 03524A108<br>LEI: 5493008H3828EMEXB082 | Long             | EC               | CORP              | BE        |      6800 | NS      | $487424.00    | 0.08%             |  |  |  | No            | 1                  | On Loan: —       |
| Elevance Health Inc                                    | Elevance Health, Inc.                                                         | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |      9514 | NS      | $3289370.36   | 0.55%             |  |  |  | No            | 1                  | On Loan: No      |
| APA Corp                                               | APA Corp.                                                                     | CUSIP: 03743Q108<br>LEI: 549300VCIWLRHYVSHC79 | Long             | EC               | CORP              | US        |     99200 | NS      | $2619872.00   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| APPALACHIAN POWER CO                                   | Appalachian Power Co.                                                         | CUSIP: 037735CX3<br>LEI: 3SCHO1ABYYIG382BEI70 | Long             | DBT              | CORP              | US        |    795000 | PA      | $655118.62    | 0.11%             | 2049-03-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| ARES CAPITAL CORP                                      | ARES Capital Corp.                                                            | CUSIP: 04010LBB8<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |    270000 | PA      | $259121.66    | 0.04%             | 2028-06-15      | Fixed         | 2.88%                 | No            | 2                  | On Loan: No      |
| ARES CAPITAL CORP                                      | ARES Capital Corp.                                                            | CUSIP: 04010LBE2<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102679.23    | 0.02%             | 2027-01-15      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| ARIZONA PUBLIC SERVICE                                 | Arizona Public Service Co.                                                    | CUSIP: 040555DC5<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |    105000 | PA      | $62786.11     | 0.01%             | 2050-09-15      | Fixed         | 2.65%                 | No            | 2                  | On Loan: No      |
| Atmos Energy Corp                                      | Atmos Energy Corp.                                                            | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |     10280 | NS      | $1709975.20   | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Avantor Inc                                            | Avantor, Inc.                                                                 | CUSIP: 05352A100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     88308 | NS      | $964323.36    | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| BAT CAPITAL CORP                                       | BAT Capital Corp.                                                             | CUSIP: 05526DBF1<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    960000 | PA      | $797297.18    | 0.13%             | 2047-08-15      | Fixed         | 4.54%                 | No            | 2                  | On Loan: No      |
| BAT CAPITAL CORP                                       | BAT Capital Corp.                                                             | CUSIP: 05526DBZ7<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    130000 | PA      | $138943.99    | 0.02%             | 2034-02-20      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| BP CAPITAL MARKETS PLC                                 | BP Capital Markets PLC                                                        | CUSIP: 05565QDW5<br>LEI: 549300CRVT18MXX0AG93 | Long             | DBT              | CORP              | GB        |    575000 | PA      | $610296.38    | 0.10%             | 2033-12-01      | Fixed         | 6.45%                 | No            | 2                  | On Loan: No      |
| Howden Joinery Group PLC                               | Howden Joinery Group PLC                                                      | CUSIP: 000000000<br>LEI: 213800KC1LJOJTY3JP45 | Long             | EC               | CORP              | GB        |     65857 | NS      | $754225.56    | 0.13%             |  |  |  | No            | 2                  | On Loan: No      |
| Bank of America Corp                                   | Bank of America Corp.                                                         | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     75131 | NS      | $3996969.20   | 0.67%             |  |  |  | No            | 1                  | On Loan: No      |
| Bank of Nova Scotia/The                                | Bank of Nova Scotia                                                           | CUSIP: 064149107<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | EC               | CORP              | CA        |     23206 | NS      | $1733952.32   | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| BARCLAYS PLC                                           | Barclays PLC                                                                  | CUSIP: 06738ECP8<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    320000 | PA      | $325471.63    | 0.05%             | 2028-03-12      | Fixed         | 5.67%                 | No            | 2                  | On Loan: No      |
| BARCLAYS PLC                                           | Barclays PLC                                                                  | CUSIP: 06738ECR4<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $208263.83    | 0.03%             | 2030-03-12      | Fixed         | 5.69%                 | No            | 2                  | On Loan: No      |
| Rio Tinto PLC                                          | Rio Tinto PLC                                                                 | CUSIP: 000000000<br>LEI: 213800YOEO5OQ72G2R82 | Long             | EC               | CORP              | GB        |      6693 | NS      | $608996.51    | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| BAYER US FINANCE LLC                                   | Bayer U.S. Finance LLC                                                        | CUSIP: 07274EAH6<br>LEI: 54930093Q75GSEM74I71 | Long             | DBT              | CORP              | US        |    400000 | PA      | $405670.58    | 0.07%             | 2026-11-21      | Fixed         | 6.12%                 | No            | 2                  | On Loan: No      |
| BAYER US FINANCE LLC                                   | Bayer U.S. Finance LLC                                                        | CUSIP: 07274EAM5<br>LEI: 54930093Q75GSEM74I71 | Long             | DBT              | CORP              | US        |    790000 | PA      | $862569.00    | 0.14%             | 2053-11-21      | Fixed         | 6.88%                 | No            | 2                  | On Loan: No      |
| BAYER US FINANCE II LLC                                | Bayer U.S. Finance II LLC                                                     | CUSIP: 07274NBH5<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |    205000 | PA      | $157853.26    | 0.03%             | 2064-07-15      | Fixed         | 4.70%                 | No            | 2                  | On Loan: No      |
| SSE PLC                                                | SSE PLC                                                                       | CUSIP: 000000000<br>LEI: 549300KI75VYLLMSK856 | Long             | EC               | CORP              | GB        |     15402 | NS      | $511761.46    | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| Berkshire Hathaway Inc                                 | Berkshire Hathaway, Inc.                                                      | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      5244 | NS      | $2519899.32   | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| Lloyds Banking Group PLC                               | Lloyds Banking Group PLC                                                      | CUSIP: 000000000<br>LEI: 549300PPXHEU2JF0AM85 | Long             | EC               | CORP              | GB        |    203392 | NS      | $302594.20    | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| Blackstone Inc                                         | Blackstone, Inc.                                                              | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |     11200 | NS      | $1595104.00   | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| Boeing Co/The                                          | Boeing Co.                                                                    | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |      3740 | NS      | $874112.80    | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| BOEING CO                                              | Boeing Co.                                                                    | CUSIP: 097023CD5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    285000 | PA      | $276970.63    | 0.05%             | 2029-03-01      | Fixed         | 3.20%                 | No            | 2                  | On Loan: No      |
| AstraZeneca PLC                                        | AstraZeneca PLC                                                               | CUSIP: 000000000<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |      7150 | NS      | $1331216.45   | 0.22%             |  |  |  | No            | 2                  | On Loan: No      |
| BorgWarner Inc                                         | BorgWarner, Inc.                                                              | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |      9400 | NS      | $445654.00    | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| CDW Corp/DE                                            | CDW Corp.                                                                     | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |       200 | NS      | $25278.00     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Cigna Group/The                                        | Cigna Group                                                                   | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |      1440 | NS      | $394718.40    | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| CVS Health Corp                                        | CVS Health Corp.                                                              | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |      9100 | NS      | $678132.00    | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Coterra Energy Inc                                     | Coterra Energy, Inc.                                                          | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |     61000 | NS      | $1759850.00   | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Canadian Natural Resources Ltd                         | Canadian Natural Resources Ltd.                                               | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |     24713 | NS      | $923988.62    | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Canadian Pacific Kansas City Ltd                       | Canadian Pacific Kansas City Ltd.                                             | CUSIP: 13646K108<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     15645 | NS      | $1163049.30   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Capital One Financial Corp                             | Capital One Financial Corp.                                                   | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |     18065 | NS      | $3954970.45   | 0.66%             |  |  |  | No            | 1                  | On Loan: No      |
| CarMax Auto Owner Trust                                | CarMax Auto Owner Trust                                                       | CUSIP: 14319EAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    376765 | PA      | $381632.13    | 0.06%             | 2029-01-16      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Carnival Corp                                          | Carnival Corp.                                                                | CUSIP: 143658300<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | EC               | CORP              | PA        |    139105 | NS      | $4175932.10   | 0.70%             |  |  |  | No            | 1                  | On Loan: No      |
| Centene Corp                                           | Centene Corp.                                                                 | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               | CORP              | US        |      9800 | NS      | $424536.00    | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                               | Charter Communications Operating LLC/Charter Communications Operating Capital | CUSIP: 161175BA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    140000 | PA      | $131765.10    | 0.02%             | 2045-10-23      | Fixed         | 6.48%                 | No            | 2                  | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                               | Charter Communications Operating LLC/Charter Communications Operating Capital | CUSIP: 161175BK9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    130000 | PA      | $129537.83    | 0.02%             | 2028-03-15      | Fixed         | 4.20%                 | No            | 2                  | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                               | Charter Communications Operating LLC/Charter Communications Operating Capital | CUSIP: 161175BN3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    465000 | PA      | $400054.55    | 0.07%             | 2048-04-01      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                               | Charter Communications Operating LLC/Charter Communications Operating Capital | CUSIP: 161175BY9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    395000 | PA      | $237719.70    | 0.04%             | 2061-04-01      | Fixed         | 3.85%                 | No            | 2                  | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                               | Charter Communications Operating LLC/Charter Communications Operating Capital | CUSIP: 161175CG7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    395000 | PA      | $241105.55    | 0.04%             | 2062-06-30      | Fixed         | 3.95%                 | No            | 2                  | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                               | Charter Communications Operating LLC/Charter Communications Operating Capital | CUSIP: 161175CQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    330000 | PA      | $344777.00    | 0.06%             | 2029-06-01      | Fixed         | 6.10%                 | No            | 2                  | On Loan: No      |
| Chevron Corp                                           | Chevron Corp.                                                                 | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11699 | NS      | $2069553.10   | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| Citigroup Inc                                          | Citigroup, Inc.                                                               | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     23100 | NS      | $2672901.00   | 0.45%             |  |  |  | No            | 1                  | On Loan: No      |
| Citizens Financial Group Inc                           | Citizens Financial Group, Inc.                                                | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |     16600 | NS      | $1045468.00   | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| CNH Equipment Trust                                    | CNH Equipment Trust                                                           | CUSIP: 18978JAB4<br>LEI: 549300BIZ8MA1TOD5D46 | Long             | ABS-O            | CORP              | US        |     10825 | PA      | $10832.17     | 0.00%             | 2027-10-15      | Fixed         | 5.42%                 | No            | 2                  | On Loan: No      |
| Coca-Cola Co/The                                       | Coca-Cola Co.                                                                 | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     26500 | NS      | $1982465.00   | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Cognizant Technology Solutions Corp                    | Cognizant Technology Solutions Corp.                                          | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |     22187 | NS      | $1820665.22   | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Comcast Corp                                           | Comcast Corp.                                                                 | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |     83100 | NS      | $2472225.00   | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| Compass Datacenters Issuer III, LLC                    | Compass Datacenters Issuer III LLC                                            | CUSIP: 20469BAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    325000 | PA      | $328329.76    | 0.06%             | 2050-02-25      | Fixed         | 5.66%                 | No            | 2                  | On Loan: No      |
| Conagra Brands Inc                                     | Conagra Brands, Inc.                                                          | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Long             | EC               | CORP              | US        |     18500 | NS      | $342435.00    | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| ConocoPhillips                                         | ConocoPhillips                                                                | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |      6653 | NS      | $693442.19    | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Constellation Brands Inc                               | Constellation Brands, Inc.                                                    | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |      5700 | NS      | $893190.00    | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Corebridge Financial Inc                               | Corebridge Financial, Inc.                                                    | CUSIP: 21871X109<br>LEI: 549300XY1661QCIA7J65 | Long             | EC               | CORP              | US        |     29600 | NS      | $912568.00    | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Corteva Inc                                            | Corteva, Inc.                                                                 | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |     41200 | NS      | $2999360.00   | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| Coupang Inc                                            | Coupang, Inc.                                                                 | CUSIP: 22266T109<br>LEI: 549300XR4L1D80AK4W76 | Long             | EC               | CORP              | US        |     19145 | NS      | $385963.20    | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| COX COMMUNICATIONS INC                                 | Cox Communications, Inc.                                                      | CUSIP: 224044CT2<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |    510000 | PA      | $436535.00    | 0.07%             | 2053-12-15      | Fixed         | 5.80%                 | No            | 2                  | On Loan: No      |
| COX COMMUNICATIONS INC                                 | Cox Communications, Inc.                                                      | CUSIP: 224044CV7<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |   1420000 | PA      | $1246867.25   | 0.21%             | 2054-09-01      | Fixed         | 5.95%                 | No            | 2                  | On Loan: No      |
| Fomento Economico Mexicano SAB de CV                   | Fomento Economico Mexicano SAB de CV                                          | CUSIP: 000000000<br>LEI: 549300A8MDWDJNMLV153 | Long             | EC               | CORP              | MX        |     58500 | NS      | $610474.08    | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Cullen/Frost Bankers Inc                               | Cullen/Frost Bankers, Inc.                                                    | CUSIP: 229899109<br>LEI: 529900V2E9G9AY665O34 | Long             | EC               | CORP              | US        |     10200 | NS      | $1405764.00   | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| Cummins Inc                                            | Cummins, Inc.                                                                 | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |      1910 | NS      | $1105546.20   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Danaher Corp                                           | Danaher Corp.                                                                 | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |      7600 | NS      | $1663564.00   | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Grupo Financiero Banorte SAB de CV                     | Grupo Financiero Banorte SAB de CV                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |     67700 | NS      | $763232.66    | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Deere & Co                                             | Deere & Co.                                                                   | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |      1340 | NS      | $707520.00    | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| DELL INT LLC / EMC CORP                                | Dell International LLC/EMC Corp.                                              | CUSIP: 24703DBF7<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |     85000 | PA      | $64248.36     | 0.01%             | 2041-12-15      | Fixed         | 3.38%                 | No            | 2                  | On Loan: No      |
| Dominion Energy Inc                                    | Dominion Energy, Inc.                                                         | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |     33800 | NS      | $2033746.00   | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| DOMINION ENERGY INC                                    | Dominion Energy, Inc.                                                         | CUSIP: 25746UDT3<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    235000 | PA      | $244738.73    | 0.04%             | 2055-02-01      | Fixed         | 6.88%                 | No            | 2                  | On Loan: No      |
| DOMINION ENERGY INC                                    | Dominion Energy, Inc.                                                         | CUSIP: 25746UDV8<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    740000 | PA      | $760819.90    | 0.13%             | 2055-05-15      | Fixed         | 6.62%                 | No            | 2                  | On Loan: No      |
| DUKE ENERGY CORP                                       | Duke Energy Corp.                                                             | CUSIP: 26441CCF0<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    400000 | PA      | $395246.20    | 0.07%             | 2054-06-15      | Fixed         | 5.80%                 | No            | 2                  | On Loan: No      |
| DUKE ENERGY CAROLINAS                                  | Duke Energy Carolinas LLC                                                     | CUSIP: 26442CAB0<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    145000 | PA      | $156100.25    | 0.03%             | 2038-01-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| DUKE ENERGY CAROLINAS                                  | Duke Energy Carolinas LLC                                                     | CUSIP: 26442CAE4<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    405000 | PA      | $439438.32    | 0.07%             | 2038-04-15      | Fixed         | 6.05%                 | No            | 2                  | On Loan: No      |
| DUKE ENERGY CAROLINAS                                  | Duke Energy Carolinas LLC                                                     | CUSIP: 26442CAZ7<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    175000 | PA      | $120140.33    | 0.02%             | 2049-08-15      | Fixed         | 3.20%                 | No            | 2                  | On Loan: No      |
| DUKE ENERGY CAROLINAS                                  | Duke Energy Carolinas LLC                                                     | CUSIP: 26442CBQ6<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    235000 | PA      | $242098.19    | 0.04%             | 2035-03-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| DUKE ENERGY PROGRESS LLC                               | Duke Energy Progress LLC                                                      | CUSIP: 26442RAD3<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |    255000 | PA      | $212574.48    | 0.04%             | 2044-12-01      | Fixed         | 4.15%                 | No            | 2                  | On Loan: No      |
| DUKE ENERGY PROGRESS LLC                               | Duke Energy Progress LLC                                                      | CUSIP: 26442UAB0<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |    125000 | PA      | $104045.31    | 0.02%             | 2045-08-15      | Fixed         | 4.20%                 | No            | 2                  | On Loan: No      |
| DUKE ENERGY PROGRESS NC                                | Duke Energy Progress NC Storm Funding LLC                                     | CUSIP: 26444BAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    715000 | PA      | $613567.97    | 0.10%             | 2037-07-01      | Fixed         | 2.39%                 | No            | 2                  | On Loan: No      |
| ELECTRICITE DE FRANCE SA                               | Electricite de France SA                                                      | CUSIP: 268317BB9<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |    570000 | PA      | $559037.90    | 0.09%             | 2064-04-22      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Ecolab Inc                                             | Ecolab, Inc.                                                                  | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |      8100 | NS      | $2284119.00   | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| Arca Continental SAB de CV                             | Arca Continental SAB de CV                                                    | CUSIP: 000000000<br>LEI: 254900U2BSJCQHJCXN24 | Long             | EC               | CORP              | MX        |     43200 | NS      | $486605.63    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Entegris Inc                                           | Entegris, Inc.                                                                | CUSIP: 29362U104<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | EC               | CORP              | US        |     23265 | NS      | $2746898.55   | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| Entergy Corp                                           | Entergy Corp.                                                                 | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |     23653 | NS      | $2268086.17   | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| ENTERGY CORP                                           | Entergy Corp.                                                                 | CUSIP: 29364GAL7<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |    115000 | PA      | $107840.98    | 0.02%             | 2030-06-15      | Fixed         | 2.80%                 | No            | 2                  | On Loan: No      |
| ENTERGY CORP                                           | Entergy Corp.                                                                 | CUSIP: 29364GAQ6<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |    200000 | PA      | $209385.60    | 0.04%             | 2054-12-01      | Fixed         | 7.12%                 | No            | 2                  | On Loan: No      |
| ENTERGY LOUISIANA LLC                                  | Entergy Louisiana LLC                                                         | CUSIP: 29364WBA5<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |    137000 | PA      | $131842.40    | 0.02%             | 2033-03-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| ENTERGY LOUISIANA LLC                                  | Entergy Louisiana LLC                                                         | CUSIP: 29364WBM9<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |    440000 | PA      | $457008.78    | 0.08%             | 2034-03-15      | Fixed         | 5.35%                 | No            | 2                  | On Loan: No      |
| ENTERGY ARKANSAS LLC                                   | Entergy Arkansas LLC                                                          | CUSIP: 29366MAC2<br>LEI: 549300A0I5ONUIFMLP35 | Long             | DBT              | CORP              | US        |    115000 | PA      | $78394.38     | 0.01%             | 2052-06-15      | Fixed         | 3.35%                 | No            | 2                  | On Loan: No      |
| ENTERGY ARKANSAS LLC                                   | Entergy Arkansas LLC                                                          | CUSIP: 29366MAJ7<br>LEI: 549300A0I5ONUIFMLP35 | Long             | DBT              | CORP              | US        |    385000 | PA      | $385448.42    | 0.06%             | 2056-01-15      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| ENTERGY MISSISSIPPI LLC                                | Entergy Mississippi LLC                                                       | CUSIP: 29366WAG1<br>LEI: 54930043I78H35DVVW89 | Long             | DBT              | CORP              | US        |    145000 | PA      | $145772.03    | 0.02%             | 2055-04-15      | Fixed         | 5.80%                 | No            | 2                  | On Loan: No      |
| Equity LifeStyle Properties Inc                        | Equity LifeStyle Properties, Inc.                                             | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               |  | US        |     18400 | NS      | $1162328.00   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Telefonaktiebolaget LM Ericsson                        | Telefonaktiebolaget LM Ericsson                                               | CUSIP: 294821608<br>LEI: 549300W9JLPW15XIFM52 | Long             | EC               | CORP              | SE        |    265840 | NS      | $2871072.00   | 0.48%             |  |  |  | No            | 1                  | On Loan: —       |
| Exxon Mobil Corp                                       | Exxon Mobil Corp.                                                             | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     18835 | NS      | $2663269.00   | 0.45%             |  |  |  | No            | 1                  | On Loan: No      |
| FAIRFAX FINL HLDGS LTD                                 | Fairfax Financial Holdings Ltd.                                               | CUSIP: 303901BR2<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |    830000 | PA      | $868675.79    | 0.15%             | 2054-03-22      | Fixed         | 6.35%                 | No            | 2                  | On Loan: No      |
| FAIRFAX FINL HLDGS LTD                                 | Fairfax Financial Holdings Ltd.                                               | CUSIP: 303901BU5<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |    165000 | PA      | $166291.61    | 0.03%             | 2055-03-15      | Fixed         | 6.10%                 | No            | 2                  | On Loan: No      |
| Marks & Spencer Group PLC                              | Marks & Spencer Group PLC                                                     | CUSIP: 000000000<br>LEI: 213800EJP14A79ZG1X44 | Long             | EC               | CORP              | GB        |    126605 | NS      | $636121.49    | 0.11%             |  |  |  | No            | 2                  | On Loan: No      |
| Freddie Mac                                            | Federal Home Loan Mortgage Corp.                                              | CUSIP: 31307EE67<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     16197 | PA      | $16082.02     | 0.00%             | 2028-09-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                            | Federal Home Loan Mortgage Corp.                                              | CUSIP: 31307UZN1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     45988 | PA      | $44925.57     | 0.01%             | 2032-11-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                            | Federal Home Loan Mortgage Corp.                                              | CUSIP: 3132DNFA6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    495979 | PA      | $428140.11    | 0.07%             | 2052-05-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                            | Federal Home Loan Mortgage Corp.                                              | CUSIP: 3132DPBD9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    645590 | PA      | $530629.88    | 0.09%             | 2052-02-01      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                            | Federal Home Loan Mortgage Corp.                                              | CUSIP: 3132DQ3U8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    649830 | PA      | $668671.14    | 0.11%             | 2053-08-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                            | Federal Home Loan Mortgage Corp.                                              | CUSIP: 3132DSNS7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1085640 | PA      | $1110455.05   | 0.19%             | 2054-02-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                            | Federal Home Loan Mortgage Corp.                                              | CUSIP: 3132DSUR1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    736845 | PA      | $738859.05    | 0.12%             | 2053-08-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                            | Federal Home Loan Mortgage Corp.                                              | CUSIP: 3132DT5V8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    747606 | PA      | $753876.66    | 0.13%             | 2054-09-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                            | Federal Home Loan Mortgage Corp.                                              | CUSIP: 3132DTWF3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    751576 | PA      | $778751.83    | 0.13%             | 2054-08-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                            | Federal Home Loan Mortgage Corp.                                              | CUSIP: 3132DUHZ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    815615 | PA      | $833813.83    | 0.14%             | 2054-10-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                            | Federal Home Loan Mortgage Corp.                                              | CUSIP: 3132DWDC4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    773985 | PA      | $629893.58    | 0.11%             | 2052-03-01      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                            | Federal Home Loan Mortgage Corp.                                              | CUSIP: 3132DWED1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    116583 | PA      | $117056.69    | 0.02%             | 2052-06-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                            | Federal Home Loan Mortgage Corp.                                              | CUSIP: 3132E07G1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    176845 | PA      | $183833.49    | 0.03%             | 2053-12-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                            | Federal Home Loan Mortgage Corp.                                              | CUSIP: 3132E0CE0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    738729 | PA      | $761473.06    | 0.13%             | 2053-09-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                            | Federal Home Loan Mortgage Corp.                                              | CUSIP: 3132E0G97<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    588525 | PA      | $614504.71    | 0.10%             | 2053-03-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                            | Federal Home Loan Mortgage Corp.                                              | CUSIP: 3132E0VU3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    661825 | PA      | $650826.53    | 0.11%             | 2053-05-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                            | Federal Home Loan Mortgage Corp.                                              | CUSIP: 3132XXYZ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    108527 | PA      | $104568.93    | 0.02%             | 2048-04-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                            | Federal Home Loan Mortgage Corp.                                              | CUSIP: 31335BC38<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    258280 | PA      | $231567.57    | 0.04%             | 2047-04-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                            | Federal Home Loan Mortgage Corp.                                              | CUSIP: 31335BM60<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    137290 | PA      | $129130.42    | 0.02%             | 2048-01-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                            | Federal Home Loan Mortgage Corp.                                              | CUSIP: 31335BXV3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    187715 | PA      | $171234.17    | 0.03%             | 2048-08-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                            | Federal Home Loan Mortgage Corp.                                              | CUSIP: 3133A7KT5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    241046 | PA      | $206921.88    | 0.03%             | 2050-07-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                            | Federal Home Loan Mortgage Corp.                                              | CUSIP: 3133AXUH3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    355230 | PA      | $308130.45    | 0.05%             | 2051-11-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                            | Federal Home Loan Mortgage Corp.                                              | CUSIP: 3133D4VC4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    321117 | PA      | $308784.88    | 0.05%             | 2042-05-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                            | Federal Home Loan Mortgage Corp.                                              | CUSIP: 3133KYV55<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    209955 | PA      | $189721.40    | 0.03%             | 2041-11-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                            | Federal Home Loan Mortgage Corp.                                              | CUSIP: 3133KYVT3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    383846 | PA      | $345443.76    | 0.06%             | 2041-09-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                            | Federal Home Loan Mortgage Corp.                                              | CUSIP: 3133KYW70<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    568931 | PA      | $562399.65    | 0.09%             | 2042-06-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                            | Federal Home Loan Mortgage Corp.                                              | CUSIP: 3133L7SJ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    115565 | PA      | $109564.05    | 0.02%             | 2035-06-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                            | Federal Home Loan Mortgage Corp.                                              | CUSIP: 3133L8CZ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    380591 | PA      | $351819.57    | 0.06%             | 2036-03-01      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3138EKBW4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     20943 | PA      | $21472.96     | 0.00%             | 2042-03-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3138EKFT7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      6530 | PA      | $6494.03      | 0.00%             | 2028-01-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3138WFCF1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     86845 | PA      | $84592.41     | 0.01%             | 2045-07-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3138WFGF7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     24378 | PA      | $23088.21     | 0.00%             | 2045-08-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3138WG6G4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     25357 | PA      | $23926.51     | 0.00%             | 2046-05-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3138WHBL5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     36174 | PA      | $34117.56     | 0.01%             | 2046-05-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3138WJ5H7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     28620 | PA      | $26987.39     | 0.00%             | 2047-03-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3138WJGH5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    183018 | PA      | $167828.25    | 0.03%             | 2046-11-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3138WK2E4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     68367 | PA      | $66176.73     | 0.01%             | 2037-06-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3138WLC27<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     12234 | PA      | $12189.00     | 0.00%             | 2047-07-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3138X0YX0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     47404 | PA      | $44924.91     | 0.01%             | 2043-07-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140A3H22<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    673700 | PA      | $685082.56    | 0.12%             | 2053-10-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140F0JJ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    137099 | PA      | $124600.66    | 0.02%             | 2046-10-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140F5QW6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    168432 | PA      | $153620.65    | 0.03%             | 2046-06-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140FQS73<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    241031 | PA      | $228280.41    | 0.04%             | 2046-11-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140FQT23<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     74032 | PA      | $72134.82     | 0.01%             | 2046-07-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140GXFV8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     69027 | PA      | $65050.46     | 0.01%             | 2047-09-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140J5H44<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    117192 | PA      | $106884.98    | 0.02%             | 2046-12-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140JXKV9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     94898 | PA      | $91964.24     | 0.02%             | 2034-10-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140KGR62<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    223087 | PA      | $191784.21    | 0.03%             | 2050-06-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140KKYT5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    363231 | PA      | $309558.92    | 0.05%             | 2050-08-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140M2PG1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    702577 | PA      | $607691.43    | 0.10%             | 2052-02-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140MM4B1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    612894 | PA      | $603023.94    | 0.10%             | 2052-08-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140MQB65<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    631644 | PA      | $609469.55    | 0.10%             | 2052-06-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140Q9H97<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     34971 | PA      | $34562.47     | 0.01%             | 2048-07-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140QASQ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    108188 | PA      | $107672.11    | 0.02%             | 2049-03-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140QB2E7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     85005 | PA      | $84345.74     | 0.01%             | 2049-10-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140QCCF1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    196847 | PA      | $190921.62    | 0.03%             | 2049-11-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140QEL34<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    203228 | PA      | $181889.51    | 0.03%             | 2050-08-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140QEWM0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    214882 | PA      | $185379.18    | 0.03%             | 2050-09-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140QK5R5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    111845 | PA      | $99823.93     | 0.02%             | 2051-06-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140QLRE8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    477515 | PA      | $412338.09    | 0.07%             | 2051-08-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140QN2U5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    347560 | PA      | $322336.78    | 0.05%             | 2052-05-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140QNE73<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    543787 | PA      | $469802.17    | 0.08%             | 2052-02-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140QPJY4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    678506 | PA      | $690730.98    | 0.12%             | 2052-06-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140QT2N8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    737394 | PA      | $756264.07    | 0.13%             | 2054-02-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140X4NY8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     49588 | PA      | $49512.21     | 0.01%             | 2048-07-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140X7QF9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    220696 | PA      | $190877.59    | 0.03%             | 2050-08-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140X8EL7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     90236 | PA      | $77385.44     | 0.01%             | 2050-10-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140X8G68<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    362607 | PA      | $326892.91    | 0.05%             | 2050-10-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140X8LJ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    591651 | PA      | $527697.91    | 0.09%             | 2050-11-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140X8NT0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    250464 | PA      | $231903.33    | 0.04%             | 2035-11-01      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140X8YA9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    121865 | PA      | $112884.70    | 0.02%             | 2035-12-01      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140X9EK7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    200218 | PA      | $185456.54    | 0.03%             | 2036-01-01      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140X9X75<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    698501 | PA      | $601833.65    | 0.10%             | 2051-02-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140XAH47<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    637617 | PA      | $527858.84    | 0.09%             | 2051-03-01      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140XAWD0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    472216 | PA      | $391384.53    | 0.07%             | 2051-04-01      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140XBFT2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    291676 | PA      | $263369.36    | 0.04%             | 2051-05-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140XBR69<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    336983 | PA      | $313156.74    | 0.05%             | 2051-06-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140XCXR4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    306430 | PA      | $265429.99    | 0.04%             | 2051-10-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140XDZ74<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    412347 | PA      | $366380.66    | 0.06%             | 2051-11-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140XG3N7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    317032 | PA      | $305873.39    | 0.05%             | 2052-05-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140XGW21<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    338225 | PA      | $274606.76    | 0.05%             | 2051-04-01      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140XHAH0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    579452 | PA      | $541304.40    | 0.09%             | 2051-07-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140XJ4T7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    642374 | PA      | $529152.96    | 0.09%             | 2052-01-01      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140XJQM8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    447973 | PA      | $442300.06    | 0.07%             | 2052-10-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140XKES5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1143733 | PA      | $937127.36    | 0.16%             | 2051-07-01      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140XKQ52<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    241446 | PA      | $243938.88    | 0.04%             | 2053-04-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140XLD39<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    287829 | PA      | $291849.22    | 0.05%             | 2053-06-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140XLD62<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    339798 | PA      | $290382.83    | 0.05%             | 2051-11-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140XLTA6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    650088 | PA      | $645228.30    | 0.11%             | 2053-06-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140XMZF6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    530598 | PA      | $436515.77    | 0.07%             | 2052-01-01      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140XNRH9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    746150 | PA      | $777911.31    | 0.13%             | 2054-01-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140XQBG1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     79802 | PA      | $84005.60     | 0.01%             | 2054-06-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140XQF93<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    642926 | PA      | $661142.52    | 0.11%             | 2053-07-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 3140XRCX1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    564052 | PA      | $502032.80    | 0.08%             | 2051-12-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 31415MM28<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      8059 | PA      | $8388.14      | 0.00%             | 2038-06-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 31418BCG9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     43713 | PA      | $43960.93     | 0.01%             | 2034-04-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 31418CNT7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     49231 | PA      | $49066.33     | 0.01%             | 2047-08-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 31418D6M9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    244403 | PA      | $221001.57    | 0.04%             | 2041-11-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 31418DYN6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    212629 | PA      | $200872.62    | 0.03%             | 2036-04-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 31418EHK9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    922483 | PA      | $907437.18    | 0.15%             | 2052-09-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 31418RQQ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     48788 | PA      | $50021.47     | 0.01%             | 2040-05-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                             | Federal National Mortgage Association                                         | CUSIP: 31418UVX9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     27695 | PA      | $28394.61     | 0.00%             | 2040-06-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                            | Federal Home Loan Mortgage Corp.                                              | CUSIP: 31427NDW6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1235028 | PA      | $1261339.94   | 0.21%             | 2055-05-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| FedEx Corp                                             | FedEx Corp.                                                                   | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |      7110 | NS      | $2291197.50   | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| Ferguson Enterprises Inc                               | Ferguson Enterprises, Inc.                                                    | CUSIP: 31488V107<br>LEI: 2138003JYQMRP3SLX189 | Long             | EC               | CORP              | US        |      4222 | NS      | $1065886.12   | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| F5 Inc                                                 | F5, Inc.                                                                      | CUSIP: 315616102<br>LEI: 54930015FPK9KT966303 | Long             | EC               | CORP              | US        |     14600 | NS      | $4023906.00   | 0.68%             |  |  |  | No            | 1                  | On Loan: No      |
| Fidelity National Information Services Inc             | Fidelity National Information Services, Inc.                                  | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |     41683 | NS      | $2302985.75   | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| FIDELITY NATL FINANCIAL                                | Fidelity National Financial, Inc.                                             | CUSIP: 31620RAL9<br>LEI: 549300CAZYIH39SYQ287 | Long             | DBT              | CORP              | US        |    145000 | PA      | $92488.19     | 0.02%             | 2051-09-17      | Fixed         | 3.20%                 | No            | 2                  | On Loan: No      |
| First Citizens BancShares Inc/NC                       | First Citizens BancShares, Inc.                                               | CUSIP: 31946M103<br>LEI: 549300N3Z00ZHE2XC526 | Long             | EC               | CORP              | US        |       437 | NS      | $904402.09    | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Fiserv Inc                                             | Fiserv, Inc.                                                                  | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |     10000 | NS      | $637300.00    | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| FLORIDA POWER & LIGHT CO                               | Florida Power & Light Co.                                                     | CUSIP: 341081FQ5<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    120000 | PA      | $95568.92     | 0.02%             | 2048-03-01      | Fixed         | 3.95%                 | No            | 2                  | On Loan: No      |
| Fluor Corp                                             | Fluor Corp.                                                                   | CUSIP: 343412102<br>LEI: CQ7WZ4NOFWT7FAE6Q943 | Long             | EC               | CORP              | US        |      8100 | NS      | $374139.00    | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Ford Credit Auto Owner Trust/Ford Credit               | Ford Credit Auto Owner Trust                                                  | CUSIP: 345285AA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    300000 | PA      | $294569.40    | 0.05%             | 2034-05-15      | Fixed         | 1.53%                 | No            | 2                  | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                               | Ford Motor Credit Co. LLC                                                     | CUSIP: 345397G23<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202635.66    | 0.03%             | 2029-09-06      | Fixed         | 5.30%                 | No            | 2                  | On Loan: No      |
| Fortive Corp                                           | Fortive Corp.                                                                 | CUSIP: 34959J108<br>LEI: 549300MU9YQJYHDQEF63 | Long             | EC               | CORP              | US        |     40094 | NS      | $2117364.14   | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| FOUNDRY JV HOLDCO LLC                                  | Foundry JV Holdco LLC                                                         | CUSIP: 350930AK9<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |   1155000 | PA      | $1229355.45   | 0.21%             | 2039-01-25      | Fixed         | 6.30%                 | No            | 2                  | On Loan: No      |
| Freeport-McMoRan Inc                                   | Freeport-McMoRan, Inc.                                                        | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |     27816 | NS      | $1675357.68   | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                                      | CUSIP: 36179TEZ4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     27452 | PA      | $25843.74     | 0.00%             | 2047-08-20      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                                      | CUSIP: 36179TJX4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     32175 | PA      | $30160.50     | 0.01%             | 2047-10-20      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                                      | CUSIP: 36179TNS0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     60852 | PA      | $58646.32     | 0.01%             | 2047-12-20      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                                      | CUSIP: 36179TQQ1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     56388 | PA      | $54244.77     | 0.01%             | 2048-01-20      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                                      | CUSIP: 36179VDS6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     84404 | PA      | $85986.68     | 0.01%             | 2050-01-20      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                                      | CUSIP: 36179VFS4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     57082 | PA      | $56718.61     | 0.01%             | 2050-02-20      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                                      | CUSIP: 36179VFT2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     28776 | PA      | $29374.19     | 0.00%             | 2050-02-20      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                                      | CUSIP: 36179VKK5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    407355 | PA      | $353572.84    | 0.06%             | 2050-04-20      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                                      | CUSIP: 36179WG36<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    404713 | PA      | $350767.37    | 0.06%             | 2051-06-20      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                                      | CUSIP: 36179WG44<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    577075 | PA      | $521441.86    | 0.09%             | 2051-06-20      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                                      | CUSIP: 36179WJR0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    519414 | PA      | $450204.80    | 0.08%             | 2051-07-20      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                                      | CUSIP: 36179WR26<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    243077 | PA      | $210673.78    | 0.04%             | 2051-11-20      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                                      | CUSIP: 36179WTZ1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    629090 | PA      | $569110.97    | 0.10%             | 2051-12-20      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                                      | CUSIP: 36179WVW5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    240480 | PA      | $223039.45    | 0.04%             | 2052-01-20      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                                      | CUSIP: 36179WZC5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    453080 | PA      | $432279.22    | 0.07%             | 2052-03-20      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                                      | CUSIP: 36179X2F2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    216977 | PA      | $197982.90    | 0.03%             | 2053-05-20      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                                      | CUSIP: 36179X5C6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    581084 | PA      | $525454.89    | 0.09%             | 2053-06-20      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                                      | CUSIP: 36179XX50<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    634511 | PA      | $636800.28    | 0.11%             | 2053-04-20      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                                      | CUSIP: 36179Y2M5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2239114 | PA      | $2294936.92   | 0.39%             | 2054-07-20      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                                      | CUSIP: 36179YAS3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    591448 | PA      | $603372.85    | 0.10%             | 2053-07-20      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                                      | CUSIP: 36179YHT4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1089712 | PA      | $1116879.66   | 0.19%             | 2053-10-20      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                                      | CUSIP: 36179YML5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1710977 | PA      | $1755452.13   | 0.29%             | 2053-12-20      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                                      | CUSIP: 36179YU77<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1133722 | PA      | $1162707.11   | 0.20%             | 2054-04-20      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                                      | CUSIP: 36179YW67<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2249116 | PA      | $2305188.21   | 0.39%             | 2054-05-20      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                                      | CUSIP: 36179YYX6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1174735 | PA      | $1204022.31   | 0.20%             | 2054-06-20      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                                      | CUSIP: 3617VQFP6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    320231 | PA      | $292846.57    | 0.05%             | 2051-08-20      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                                      | CUSIP: 36180AAG8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2299129 | PA      | $2356448.79   | 0.40%             | 2054-09-20      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                                      | CUSIP: 3618N5C56<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    732906 | PA      | $733616.98    | 0.12%             | 2054-12-20      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                                      | CUSIP: 3618N5C72<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1442635 | PA      | $1478600.97   | 0.25%             | 2054-12-20      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                                      | CUSIP: 3618N5EW5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1956689 | PA      | $2005471.68   | 0.34%             | 2055-01-20      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                                      | CUSIP: 3618N5MQ9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    182475 | PA      | $184631.61    | 0.03%             | 2055-05-20      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                                      | CUSIP: 3620A9P96<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     33633 | PA      | $34642.84     | 0.01%             | 2039-10-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                                      | CUSIP: 36241LX84<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     76683 | PA      | $72126.15     | 0.01%             | 2041-09-15      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| GM Financial Revolving Receivables Trust               | GM Financial Revolving Receivables Trust                                      | CUSIP: 36263HAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    245000 | PA      | $240964.53    | 0.04%             | 2034-06-12      | Fixed         | 1.17%                 | No            | 2                  | On Loan: No      |
| GE HealthCare Technologies Inc                         | GE HealthCare Technologies, Inc.                                              | CUSIP: 36266G107<br>LEI: 549300OI9J7XOWZMUN85 | Long             | EC               | CORP              | US        |     41512 | NS      | $3278202.64   | 0.55%             |  |  |  | No            | 1                  | On Loan: No      |
| GM Financial Automobile Leasing Trust                  | GM Financial Automobile Leasing Trust                                         | CUSIP: 36271VAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    130000 | PA      | $131004.02    | 0.02%             | 2028-02-21      | Fixed         | 4.66%                 | No            | 2                  | On Loan: No      |
| GM Financial Securitized Term Auto Receivables Tr      | GM Financial Consumer Automobile Receivables Trust                            | CUSIP: 362955AD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    380000 | PA      | $383946.60    | 0.06%             | 2029-12-17      | Fixed         | 4.62%                 | No            | 2                  | On Loan: No      |
| General Dynamics Corp                                  | General Dynamics Corp.                                                        | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |      7700 | NS      | $2703393.00   | 0.45%             |  |  |  | No            | 1                  | On Loan: No      |
| General Motors Co                                      | General Motors Co.                                                            | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |     28900 | NS      | $2427600.00   | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| Genuine Parts Co                                       | Genuine Parts Co.                                                             | CUSIP: 372460105<br>LEI: 549300D46DQVEU651W04 | Long             | EC               | CORP              | US        |      4700 | NS      | $653253.00    | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Gildan Activewear Inc                                  | Gildan Activewear, Inc.                                                       | CUSIP: 375916103<br>LEI: 549300SB3IBI34M00Z45 | Long             | EC               | CORP              | CA        |      7938 | NS      | $515752.84    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| GSK PLC                                                | GSK PLC                                                                       | CUSIP: 37733W204<br>LEI: 5493000HZTVUYLO1D793 | Long             | EC               | CORP              | GB        |      9000 | NS      | $464400.00    | 0.08%             |  |  |  | No            | 1                  | On Loan: —       |
| GOLUB CAPITAL BDC                                      | Golub Capital BDC, Inc.                                                       | CUSIP: 38173MAB8<br>LEI: 2549005WE0QLGK9APF78 | Long             | DBT              | CORP              | US        |    745000 | PA      | $736479.32    | 0.12%             | 2026-08-24      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| HCA Healthcare Inc                                     | HCA Healthcare, Inc.                                                          | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |      1410 | NS      | $688460.70    | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| HBOS PLC                                               | HBOS PLC                                                                      | CUSIP: 4041A2AF1<br>LEI: 213800RS21X7UUH5QU25 | Long             | DBT              | CORP              | GB        |    365000 | PA      | $383460.79    | 0.06%             | 2033-11-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Halliburton Co                                         | Halliburton Co.                                                               | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               | CORP              | US        |     38191 | NS      | $1280162.32   | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Thales SA                                              | Thales SA                                                                     | CUSIP: 000000000<br>LEI: 529900FNDVTQJOVVPZ19 | Long             | EC               | CORP              | FR        |      1653 | NS      | $501571.90    | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| Capgemini SE                                           | Capgemini SE                                                                  | CUSIP: 000000000<br>LEI: 96950077L0TN7BAROX36 | Long             | EC               | CORP              | FR        |      3438 | NS      | $534731.89    | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| Hartford Insurance Group Inc/The                       | Hartford Insurance Group, Inc.                                                | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |      4800 | NS      | $648288.00    | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Hewlett Packard Enterprise Co                          | Hewlett Packard Enterprise Co.                                                | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |     53950 | NS      | $1161004.00   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Honda Auto Receivables Owner Trust                     | Honda Auto Receivables Owner Trust                                            | CUSIP: 43814VAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    390000 | PA      | $394225.88    | 0.07%             | 2029-09-21      | Fixed         | 4.57%                 | No            | 2                  | On Loan: No      |
| Humana Inc                                             | Humana, Inc.                                                                  | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |      3900 | NS      | $761280.00    | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| JB Hunt Transport Services Inc                         | JB Hunt Transport Services, Inc.                                              | CUSIP: 445658107<br>LEI: 549300XCD1MPI1C5GK90 | Long             | EC               | CORP              | US        |      6615 | NS      | $1340992.80   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| KBC Group NV                                           | KBC Group NV                                                                  | CUSIP: 000000000<br>LEI: 213800X3Q9LSAKRUWY91 | Long             | EC               | CORP              | BE        |      3597 | NS      | $509426.62    | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| ICICI Bank Ltd                                         | ICICI Bank Ltd.                                                               | CUSIP: 45104G104<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |     52996 | NS      | $1552252.84   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Pernod Ricard SA                                       | Pernod Ricard SA                                                              | CUSIP: 000000000<br>LEI: 52990097YFPX9J0H5D87 | Long             | EC               | CORP              | FR        |      4434 | NS      | $394226.48    | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| Merck KGaA                                             | Merck KGaA                                                                    | CUSIP: 000000000<br>LEI: 529900OAREIS0MOPTW25 | Long             | EC               | CORP              | DE        |      8096 | NS      | $1204757.90   | 0.20%             |  |  |  | No            | 2                  | On Loan: No      |
| John Deere Owner Trust                                 | John Deere Owner Trust                                                        | CUSIP: 47786WAB6<br>LEI: 549300MS3JZB0OWONQ39 | Long             | ABS-O            | CORP              | US        |    106903 | PA      | $107024.87    | 0.02%             | 2027-05-17      | Fixed         | 5.42%                 | No            | 2                  | On Loan: No      |
| John Deere Owner Trust                                 | John Deere Owner Trust                                                        | CUSIP: 47800AAC4<br>LEI: 549300MS3JZB0OWONQ39 | Long             | ABS-O            | CORP              | US        |     23578 | PA      | $23574.39     | 0.00%             | 2027-02-16      | Fixed         | 3.74%                 | No            | 2                  | On Loan: No      |
| SAP SE                                                 | SAP SE                                                                        | CUSIP: 000000000<br>LEI: 529900D6BF99LW9R2E68 | Long             | EC               | CORP              | DE        |      5197 | NS      | $1054405.36   | 0.18%             |  |  |  | No            | 2                  | On Loan: No      |
| KENTUCKY UTILITIES CO                                  | Kentucky Utilities Co.                                                        | CUSIP: 491674BM8<br>LEI: AGX0G2MXE54NFNNICD28 | Long             | DBT              | CORP              | US        |    185000 | PA      | $128108.84    | 0.02%             | 2050-06-01      | Fixed         | 3.30%                 | No            | 2                  | On Loan: No      |
| Keurig Dr Pepper Inc                                   | Keurig Dr. Pepper, Inc.                                                       | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |     85510 | NS      | $2346394.40   | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| KINDER MORGAN ENER PART                                | Kinder Morgan Energy Partners LP                                              | CUSIP: 494550BW5<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |     85000 | PA      | $81247.71     | 0.01%             | 2044-09-01      | Fixed         | 5.40%                 | No            | 2                  | On Loan: No      |
| Kraft Heinz Co/The                                     | Kraft Heinz Co.                                                               | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               | CORP              | US        |     50100 | NS      | $1189374.00   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| LPL Financial Holdings Inc                             | LPL Financial Holdings, Inc.                                                  | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |      3888 | NS      | $1417176.00   | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| Labcorp Holdings Inc                                   | Labcorp Holdings, Inc.                                                        | CUSIP: 504922105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3200 | NS      | $868864.00    | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Beiersdorf AG                                          | Beiersdorf AG                                                                 | CUSIP: 000000000<br>LEI: L47NHHI0Z9X22DV46U41 | Long             | EC               | CORP              | DE        |      5414 | NS      | $645349.73    | 0.11%             |  |  |  | No            | 2                  | On Loan: No      |
| ASM International NV                                   | ASM International NV                                                          | CUSIP: 000000000<br>LEI: 7245001I22ND6ZFHX623 | Long             | EC               | CORP              | NL        |      1107 | NS      | $933158.43    | 0.16%             |  |  |  | No            | 2                  | On Loan: No      |
| Orange SA                                              | Orange SA                                                                     | CUSIP: 000000000<br>LEI: 969500MCOONR8990S771 | Long             | EC               | CORP              | FR        |     60254 | NS      | $1123362.60   | 0.19%             |  |  |  | No            | 2                  | On Loan: No      |
| Allianz SE                                             | Allianz SE                                                                    | CUSIP: 000000000<br>LEI: 529900K9B0N5BT694847 | Long             | EC               | CORP              | DE        |      1497 | NS      | $660507.99    | 0.11%             |  |  |  | No            | 2                  | On Loan: No      |
| Lennar Corp                                            | Lennar Corp.                                                                  | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |     23711 | NS      | $2592797.85   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| Lennar Corp                                            | Lennar Corp.                                                                  | CUSIP: 526057302<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |       666 | NS      | $67439.16     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Rheinmetall AG                                         | Rheinmetall AG                                                                | CUSIP: 000000000<br>LEI: 5299001OU9CSE29O6S05 | Long             | EC               | CORP              | DE        |       389 | NS      | $824252.25    | 0.14%             |  |  |  | No            | 2                  | On Loan: No      |
| Lithia Motors Inc                                      | Lithia Motors, Inc.                                                           | CUSIP: 536797103<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | EC               | CORP              | US        |      1400 | NS      | $452816.00    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Bankinter SA                                           | Bankinter SA                                                                  | CUSIP: 000000000<br>LEI: VWMYAEQSTOPNV0SUGU82 | Long             | EC               | CORP              | ES        |     29096 | NS      | $498073.85    | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| Lowe's Cos Inc                                         | Lowe's Cos., Inc.                                                             | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |      6800 | NS      | $1816008.00   | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Magna International Inc                                | Magna International, Inc.                                                     | CUSIP: 559222401<br>LEI: 95RWVLFZX6VGDZNNTN43 | Long             | EC               | CORP              | CA        |     28700 | NS      | $1467718.00   | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| MARKEL GROUP INC                                       | Markel Group, Inc.                                                            | CUSIP: 570535AT1<br>LEI: 549300SCNO12JLWIK605 | Long             | DBT              | CORP              | US        |    380000 | PA      | $337431.08    | 0.06%             | 2049-05-20      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Banco Santander SA                                     | Banco Santander SA                                                            | CUSIP: 000000000<br>LEI: 5493006QMFDDMYWIAM13 | Long             | EC               | CORP              | ES        |     75894 | NS      | $976529.28    | 0.16%             |  |  |  | No            | 2                  | On Loan: No      |
| Martin Marietta Materials Inc                          | Martin Marietta Materials, Inc.                                               | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Long             | EC               | CORP              | US        |      4000 | NS      | $2607800.00   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| McCormick & Co Inc/MD                                  | McCormick & Co., Inc.                                                         | CUSIP: 579780206<br>LEI: 549300JQQA6MQ4OJP259 | Long             | EC               | CORP              | US        |     26633 | NS      | $1646718.39   | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Mercedes-Benz Auto Lease Trust                         | Mercedes-Benz Auto Lease Trust                                                | CUSIP: 58770JAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     23915 | PA      | $23934.64     | 0.00%             | 2027-02-16      | Fixed         | 5.44%                 | No            | 2                  | On Loan: No      |
| Merck & Co Inc                                         | Merck & Co., Inc.                                                             | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     39835 | NS      | $4392605.45   | 0.74%             |  |  |  | No            | 1                  | On Loan: No      |
| Microsoft Corp                                         | Microsoft Corp.                                                               | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      7000 | NS      | $3012030.00   | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| Microchip Technology Inc                               | Microchip Technology, Inc.                                                    | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |     60263 | NS      | $4575166.96   | 0.77%             |  |  |  | No            | 1                  | On Loan: No      |
| Societe Generale SA                                    | Societe Generale SA                                                           | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | EC               | CORP              | FR        |      9898 | NS      | $865961.68    | 0.15%             |  |  |  | No            | 2                  | On Loan: No      |
| Amcor PLC                                              | Amcor PLC                                                                     | CUSIP: 000000000<br>LEI: 549300GSODGFCDQ3DI89 | Long             | EC               | CORP              | JE        |     10377 | NS      | $449224.36    | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| Mitsubishi UFJ Financial Group Inc                     | Mitsubishi UFJ Financial Group, Inc.                                          | CUSIP: 606822104<br>LEI: 353800V2V8PUY9TK3E06 | Long             | EC               | CORP              | JP        |    120650 | NS      | $2177732.50   | 0.37%             |  |  |  | No            | 1                  | On Loan: —       |
| Bank Hapoalim BM                                       | Bank Hapoalim BM                                                              | CUSIP: 000000000<br>LEI: B6ARUI4946ST4S7WOU88 | Long             | EC               | CORP              | IL        |     34299 | NS      | $850321.59    | 0.14%             |  |  |  | No            | 2                  | On Loan: No      |
| Mondelez International Inc                             | Mondelez International, Inc.                                                  | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |     15800 | NS      | $923826.00    | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| MOODY'S CORPORATION                                    | Moody's Corp.                                                                 | CUSIP: 615369AU9<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |    180000 | PA      | $93053.87     | 0.02%             | 2060-08-18      | Fixed         | 2.55%                 | No            | 2                  | On Loan: No      |
| Motorola Solutions Inc                                 | Motorola Solutions, Inc.                                                      | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |      1332 | NS      | $536183.28    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Murphy Oil Corp                                        | Murphy Oil Corp.                                                              | CUSIP: 626717102<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | EC               | CORP              | US        |      5800 | NS      | $174522.00    | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| NOV Inc                                                | NOV, Inc.                                                                     | CUSIP: 62955J103<br>LEI: 549300EHF3IW1AR6U008 | Long             | EC               | CORP              | US        |     58400 | NS      | $1071640.00   | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Ebara Corp                                             | Ebara Corp.                                                                   | CUSIP: 000000000<br>LEI: 353800UV8U3SOMCDTI49 | Long             | EC               | CORP              | JP        |     18200 | NS      | $549639.61    | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| Resona Holdings Inc                                    | Resona Holdings, Inc.                                                         | CUSIP: 000000000<br>LEI: 52990067JE75XZCYYT81 | Long             | EC               | CORP              | JP        |     60600 | NS      | $699908.93    | 0.12%             |  |  |  | No            | 2                  | On Loan: No      |
| New Economy Assets Phase 1 Issuer LLC                  | New Economy Assets - Phase 1 Sponsor LLC                                      | CUSIP: 643821AA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    345000 | PA      | $289754.25    | 0.05%             | 2061-10-20      | Fixed         | 1.91%                 | No            | 2                  | On Loan: No      |
| Bharti Airtel Ltd                                      | Bharti Airtel Ltd.                                                            | CUSIP: 000000000<br>LEI: 335800KQ1FPKOQ84OR26 | Long             | EC               | CORP              | IN        |     23955 | NS      | $512822.02    | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| SK hynix Inc                                           | SK Hynix, Inc.                                                                | CUSIP: 000000000<br>LEI: 988400XAIK6XISWQV045 | Long             | EC               | CORP              | KR        |      3124 | NS      | $1978301.94   | 0.33%             |  |  |  | No            | 2                  | On Loan: No      |
| Galaxy Entertainment Group Ltd                         | Galaxy Entertainment Group Ltd.                                               | CUSIP: 000000000<br>LEI: 549300ZSEBV3HR826S10 | Long             | EC               | CORP              | HK        |    116000 | NS      | $590052.22    | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| Kia Corp                                               | Kia Corp.                                                                     | CUSIP: 000000000<br>LEI: 988400V8MJK9N7OI5X76 | Long             | EC               | CORP              | KR        |      6542 | NS      | $694781.31    | 0.12%             |  |  |  | No            | 2                  | On Loan: No      |
| Norfolk Southern Corp                                  | Norfolk Southern Corp.                                                        | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |      2400 | NS      | $698976.00    | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Mitsubishi Heavy Industries Ltd                        | Mitsubishi Heavy Industries Ltd.                                              | CUSIP: 000000000<br>LEI: 353800TJ98PCAZROVE69 | Long             | EC               | CORP              | JP        |     59749 | NS      | $1754953.24   | 0.29%             |  |  |  | No            | 2                  | On Loan: No      |
| Nintendo Co Ltd                                        | Nintendo Co. Ltd.                                                             | CUSIP: 000000000<br>LEI: 353800FEEXU6I9M0ZF27 | Long             | EC               | CORP              | JP        |     17700 | NS      | $1108681.68   | 0.19%             |  |  |  | No            | 2                  | On Loan: No      |
| Nippon Sanso Holdings Corp                             | Nippon Sanso Holdings Corp.                                                   | CUSIP: 000000000<br>LEI: 353800F1K6653B4VPY57 | Long             | EC               | CORP              | JP        |     10100 | NS      | $306282.12    | 0.05%             |  |  |  | No            | 2                  | On Loan: —       |
| Nitori Holdings Co Ltd                                 | Nitori Holdings Co. Ltd.                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     18900 | NS      | $324129.87    | 0.05%             |  |  |  | No            | 2                  | On Loan: —       |
| Samsung Electronics Co Ltd                             | Samsung Electronics Co. Ltd.                                                  | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |     20290 | NS      | $2266638.13   | 0.38%             |  |  |  | No            | 2                  | On Loan: No      |
| Shimadzu Corp                                          | Shimadzu Corp.                                                                | CUSIP: 000000000<br>LEI: 353800Y64Z08WEH8PH97 | Long             | EC               | CORP              | JP        |     33100 | NS      | $891737.99    | 0.15%             |  |  |  | No            | 2                  | On Loan: —       |
| Olin Corp                                              | Olin Corp.                                                                    | CUSIP: 680665205<br>LEI: 549300GKK294V7W57P06 | Long             | EC               | CORP              | US        |     26000 | NS      | $541060.00    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Omnicom Group Inc                                      | Omnicom Group, Inc.                                                           | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |     16800 | NS      | $1294272.00   | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| ONEOK INC                                              | ONEOK, Inc.                                                                   | CUSIP: 682680CF8<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    390000 | PA      | $364412.55    | 0.06%             | 2054-11-01      | Fixed         | 5.70%                 | No            | 2                  | On Loan: No      |
| ONEOK PARTNERS LP                                      | ONEOK Partners LP                                                             | CUSIP: 68268NAD5<br>LEI: T4DHW82NMF6BXJT50795 | Long             | DBT              | CORP              | US        |    125000 | PA      | $138522.59    | 0.02%             | 2037-10-15      | Fixed         | 6.85%                 | No            | 2                  | On Loan: No      |
| Oracle Corp                                            | Oracle Corp.                                                                  | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |      8115 | NS      | $1335566.70   | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| Suzuki Motor Corp                                      | Suzuki Motor Corp.                                                            | CUSIP: 000000000<br>LEI: 353800D83H0V3ZV1SV24 | Long             | EC               | CORP              | JP        |     34000 | NS      | $466383.40    | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| Oshkosh Corp                                           | Oshkosh Corp.                                                                 | CUSIP: 688239201<br>LEI: 549300FEKNPCFSA2B506 | Long             | EC               | CORP              | US        |     10600 | NS      | $1524492.00   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd              | Taiwan Semiconductor Manufacturing Co. Ltd.                                   | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     52000 | NS      | $2922516.57   | 0.49%             |  |  |  | No            | 2                  | On Loan: No      |
| Toyo Suisan Kaisha Ltd                                 | Toyo Suisan Kaisha Ltd.                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      9700 | NS      | $690809.56    | 0.12%             |  |  |  | No            | 2                  | On Loan: No      |
| Ovintiv Inc                                            | Ovintiv, Inc.                                                                 | CUSIP: 69047Q102<br>LEI: 2549003MEX7YMKLGI239 | Long             | EC               | CORP              | US        |     24400 | NS      | $1060668.00   | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| BLUE OWL CAPITAL CORP                                  | Blue Owl Capital Corp.                                                        | CUSIP: 69121KAG9<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |    310000 | PA      | $293798.09    | 0.05%             | 2028-06-11      | Fixed         | 2.88%                 | No            | 2                  | On Loan: No      |
| PG&E Corp                                              | PG&E Corp.                                                                    | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |     84452 | NS      | $1302249.84   | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| PNC Financial Services Group Inc/The                   | PNC Financial Services Group, Inc.                                            | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |      8600 | NS      | $1920380.00   | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| PPG Industries Inc                                     | PPG Industries, Inc.                                                          | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |     16600 | NS      | $1919458.00   | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| PPL Corp                                               | PPL Corp.                                                                     | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |     21300 | NS      | $772125.00    | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| PACCAR Inc                                             | PACCAR, Inc.                                                                  | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |     12450 | NS      | $1530229.50   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| PACIFICORP                                             | PacifiCorp                                                                    | CUSIP: 695114CV8<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |    485000 | PA      | $363397.41    | 0.06%             | 2050-02-15      | Fixed         | 4.15%                 | No            | 2                  | On Loan: No      |
| PACIFICORP                                             | PacifiCorp                                                                    | CUSIP: 695114CZ9<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |    585000 | PA      | $515849.15    | 0.09%             | 2053-12-01      | Fixed         | 5.35%                 | No            | 2                  | On Loan: No      |
| Parker-Hannifin Corp                                   | Parker-Hannifin Corp.                                                         | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |      4527 | NS      | $4236547.68   | 0.71%             |  |  |  | No            | 1                  | On Loan: No      |
| Deutsche Boerse AG                                     | Deutsche Boerse AG                                                            | CUSIP: 000000000<br>LEI: 529900G3SW56SHYNPR95 | Long             | EC               | CORP              | DE        |      5176 | NS      | $1312755.62   | 0.22%             |  |  |  | No            | 2                  | On Loan: No      |
| ABB Ltd                                                | ABB Ltd.                                                                      | CUSIP: 000000000<br>LEI: 5493000LKVGOO9PELI61 | Long             | EC               | CORP              | CH        |      7082 | NS      | $611958.08    | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| Permian Resources Corp                                 | Permian Resources Corp.                                                       | CUSIP: 71424F105<br>LEI: 529900NXUJPOKU7OJ511 | Long             | EC               | CORP              | US        |     70882 | NS      | $1143326.66   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Philip Morris International Inc                        | Philip Morris International, Inc.                                             | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     12356 | NS      | $2217160.64   | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| Pinnacle West Capital Corp                             | Pinnacle West Capital Corp.                                                   | CUSIP: 723484101<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | EC               | CORP              | US        |     19557 | NS      | $1829752.92   | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Porsche Innovative Lease Owner Trust                   | Porsche Innovative Lease Owner Trust                                          | CUSIP: 73328AAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    280000 | PA      | $280852.18    | 0.05%             | 2027-11-22      | Fixed         | 4.67%                 | No            | 2                  | On Loan: No      |
| Porsche Financial Auto Securitization Trust            | Porsche Financial Auto Securitization Trust                                   | CUSIP: 73328EAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    700000 | PA      | $703430.35    | 0.12%             | 2030-01-22      | Fixed         | 4.44%                 | No            | 2                  | On Loan: No      |
| Cie de Saint-Gobain SA                                 | Cie de Saint-Gobain SA                                                        | CUSIP: 000000000<br>LEI: NFONVGN05Z0FMN5PEC35 | Long             | EC               | CORP              | FR        |      3589 | NS      | $355220.40    | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| Procter & Gamble Co/The                                | Procter & Gamble Co.                                                          | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |      9900 | NS      | $1502523.00   | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| Prologis Inc                                           | Prologis, Inc.                                                                | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               |  | US        |      7365 | NS      | $961574.40    | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| PUBLIC SERVICE ENTERPRIS                               | Public Service Enterprise Group, Inc.                                         | CUSIP: 744573AZ9<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | DBT              | CORP              | US        |    515000 | PA      | $530997.37    | 0.09%             | 2034-04-01      | Fixed         | 5.45%                 | No            | 2                  | On Loan: No      |
| PUBLIC SERVICE ENTERPRIS                               | Public Service Enterprise Group, Inc.                                         | CUSIP: 744573BB1<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5139.26      | 0.00%             | 2035-03-15      | Fixed         | 5.40%                 | No            | 2                  | On Loan: No      |
| Public Storage                                         | Public Storage                                                                | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EC               |  | US        |      4442 | NS      | $1226835.98   | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| PUBLIC STORAGE OP CO                                   | Public Storage Operating Co.                                                  | CUSIP: 74460DAJ8<br>LEI: 549300LMZF40TKJ6DM64 | Long             | DBT              |  | US        |    210000 | PA      | $187883.32    | 0.03%             | 2031-11-09      | Fixed         | 2.25%                 | No            | 2                  | On Loan: No      |
| QUALCOMM Inc                                           | QUALCOMM, Inc.                                                                | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     25957 | NS      | $3934821.63   | 0.66%             |  |  |  | No            | 1                  | On Loan: No      |
| RPM International Inc                                  | RPM International, Inc.                                                       | CUSIP: 749685103<br>LEI: 549300TJCKW4BRXPJ474 | Long             | EC               | CORP              | US        |     15500 | NS      | $1657880.00   | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| REYNOLDS AMERICAN INC                                  | Reynolds American, Inc.                                                       | CUSIP: 761713BA3<br>LEI: 02S2RPPVO9RP4NEU2740 | Long             | DBT              | CORP              | US        |    455000 | PA      | $473355.01    | 0.08%             | 2035-08-15      | Fixed         | 5.70%                 | No            | 2                  | On Loan: No      |
| Shell PLC                                              | Shell PLC                                                                     | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |     19400 | NS      | $1494382.00   | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| SLM Corp                                               | SLM Corp.                                                                     | CUSIP: 78442P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     32885 | NS      | $892827.75    | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Salesforce Inc                                         | Salesforce, Inc.                                                              | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     10000 | NS      | $2122900.00   | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| Sanofi SA                                              | Sanofi SA                                                                     | CUSIP: 80105N105<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |     29638 | NS      | $1394171.52   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| SLB Ltd                                                | SLB Ltd.                                                                      | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |     31110 | NS      | $1505101.80   | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| CHARLES SCHWAB CORP                                    | Charles Schwab Corp.                                                          | CUSIP: 808513BK0<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |   1010000 | PA      | $1005974.75   | 0.17%             | 2026-06-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Sea Ltd                                                | Sea Ltd.                                                                      | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | KY        |     22786 | NS      | $2654341.14   | 0.45%             |  |  |  | No            | 1                  | On Loan: No      |
| SEMPRA                                                 | Sempra                                                                        | CUSIP: 816851BS7<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    425000 | PA      | $435646.25    | 0.07%             | 2054-10-01      | Fixed         | 6.88%                 | No            | 2                  | On Loan: No      |
| SEMPRA                                                 | Sempra                                                                        | CUSIP: 816851BT5<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    565000 | PA      | $571563.04    | 0.10%             | 2054-10-01      | Fixed         | 6.40%                 | No            | 2                  | On Loan: No      |
| SEMPRA                                                 | Sempra                                                                        | CUSIP: 816851BU2<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    345000 | PA      | $349963.17    | 0.06%             | 2055-04-01      | Fixed         | 6.62%                 | No            | 2                  | On Loan: No      |
| SEMPRA                                                 | Sempra                                                                        | CUSIP: 816851BV0<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    195000 | PA      | $198488.92    | 0.03%             | 2055-04-01      | Fixed         | 6.55%                 | No            | 2                  | On Loan: No      |
| SEMPRA INFRASTRUCTURE PA                               | Sempra Infrastructure Partners LP                                             | CUSIP: 81685VAA1<br>LEI: 549300L0B3MD11PUAA07 | Long             | DBT              | CORP              | US        |    205000 | PA      | $181359.98    | 0.03%             | 2032-01-15      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| Shopify Inc                                            | Shopify, Inc.                                                                 | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |      7148 | NS      | $938032.04    | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| J M Smucker Co/The                                     | J.M. Smucker Co.                                                              | CUSIP: 832696405<br>LEI: 5493000WDH6A0LHDJD55 | Long             | EC               | CORP              | US        |      6600 | NS      | $692076.00    | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Solventum Corp                                         | Solventum Corp.                                                               | CUSIP: 83444M101<br>LEI: 254900I70403OSGY4M28 | Long             | EC               | CORP              | US        |      2200 | NS      | $169334.00    | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Sony Group Corp                                        | Sony Group Corp.                                                              | CUSIP: 835699307<br>LEI: 529900R5WX9N2OI2N910 | Long             | EC               | CORP              | JP        |     92300 | NS      | $2039830.00   | 0.34%             |  |  |  | No            | 1                  | On Loan: —       |
| Stanley Black & Decker Inc                             | Stanley Black & Decker, Inc.                                                  | CUSIP: 854502101<br>LEI: 549300DJ09SMTO561131 | Long             | EC               | CORP              | US        |      5900 | NS      | $464094.00    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| State Street Corp                                      | State Street Corp.                                                            | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |     13300 | NS      | $1740438.00   | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Stellantis Financial Underwritten Enhanced Lease Trust | Stellantis Financial Underwritten Enhanced Lease Trust                        | CUSIP: 858928AB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    207958 | PA      | $208780.67    | 0.04%             | 2027-07-20      | Fixed         | 4.63%                 | No            | 2                  | On Loan: No      |
| Suncor Energy Inc                                      | Suncor Energy, Inc.                                                           | CUSIP: 867224107<br>LEI: 894500XO86FKXQGPYV71 | Long             | EC               | CORP              | CA        |     11886 | NS      | $628234.44    | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Synopsys Inc                                           | Synopsys, Inc.                                                                | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |      4000 | NS      | $1860460.00   | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| SYSTEM ENERGY RESOURCES                                | System Energy Resources, Inc.                                                 | CUSIP: 871911AV5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    545000 | PA      | $550433.33    | 0.09%             | 2034-12-15      | Fixed         | 5.30%                 | No            | 2                  | On Loan: No      |
| T-MOBILE USA INC                                       | T-Mobile USA, Inc.                                                            | CUSIP: 87264AEA9<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    890000 | PA      | $877643.83    | 0.15%             | 2056-02-15      | Fixed         | 5.85%                 | No            | 2                  | On Loan: No      |
| Taco Bell Funding, LLC                                 | Taco Bell Funding LLC                                                         | CUSIP: 87342RAH7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    275100 | PA      | $255636.56    | 0.04%             | 2051-08-25      | Fixed         | 2.29%                 | No            | 2                  | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd              | Taiwan Semiconductor Manufacturing Co. Ltd.                                   | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     11810 | NS      | $3903913.60   | 0.66%             |  |  |  | No            | 1                  | On Loan: No      |
| Teledyne Technologies Inc                              | Teledyne Technologies, Inc.                                                   | CUSIP: 879360105<br>LEI: 549300VSMO9KYQWDND94 | Long             | EC               | CORP              | US        |      3400 | NS      | $2109020.00   | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| Teva Pharmaceutical Industries Ltd                     | Teva Pharmaceutical Industries Ltd.                                           | CUSIP: 881624209<br>LEI: 549300BAFGM4RC74ZJ94 | Long             | EC               | CORP              | IL        |     36992 | NS      | $1260687.36   | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Timken Co/The                                          | Timken Co.                                                                    | CUSIP: 887389104<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | EC               | CORP              | US        |      5000 | NS      | $465950.00    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| TORONTO-DOMINION BANK                                  | Toronto-Dominion Bank                                                         | CUSIP: 89115A3A8<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   1870000 | PA      | $1882767.09   | 0.32%             | 2026-12-17      | Fixed         | 4.57%                 | No            | 2                  | On Loan: No      |
| Toyota Auto Loan Extended Note Trust                   | Toyota Auto Loan Extended Note Trust                                          | CUSIP: 89231WAA1<br>LEI: 5493000KI9FC40RVHF71 | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $102221.62    | 0.02%             | 2036-06-25      | Fixed         | 4.93%                 | No            | 2                  | On Loan: No      |
| Truist Financial Corp                                  | Truist Financial Corp.                                                        | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |     20040 | NS      | $1030456.80   | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| US Bancorp                                             | U.S. Bancorp                                                                  | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |     75650 | NS      | $4244721.50   | 0.71%             |  |  |  | No            | 1                  | On Loan: No      |
| US BANCORP                                             | U.S. Bancorp                                                                  | CUSIP: 902973AZ9<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    380000 | PA      | $380365.18    | 0.06%             | 2027-04-15      | Fixed         | 5.30%                 | No            | 2                  | On Loan: No      |
| Uber Technologies Inc                                  | Uber Technologies, Inc.                                                       | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     21500 | NS      | $1721075.00   | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Unilever PLC                                           | Unilever PLC                                                                  | CUSIP: 904767803<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |     28075 | NS      | $1919207.00   | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| Mexico Government International Bonds                  | Mexico Government International Bonds                                         | CUSIP: 91087BAN0<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   1440000 | PA      | $877032.00    | 0.15%             | 2061-05-24      | Fixed         | 3.77%                 | No            | 2                  | On Loan: No      |
| UNITED MEXICAN STATES                                  | Mexico Government International Bonds                                         | CUSIP: 91087BBR0<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    285000 | PA      | $283860.00    | 0.05%             | 2038-02-09      | Fixed         | 6.12%                 | No            | 2                  | On Loan: No      |
| United States Treasury                                 | U.S. Treasury Bonds                                                           | CUSIP: 912810UA4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    345000 | PA      | $330445.31    | 0.06%             | 2054-05-15      | Fixed         | 4.62%                 | No            | 2                  | On Loan: No      |
| United States Treasury                                 | U.S. Treasury Bonds                                                           | CUSIP: 912810UK2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1330000 | PA      | $1300282.81   | 0.22%             | 2055-05-15      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| United States Treasury                                 | U.S. Treasury Bonds                                                           | CUSIP: 912810UM8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11895000 | PA      | $11632938.28  | 1.95%             | 2055-08-15      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| United States Treasury                                 | U.S. Treasury Notes                                                           | CUSIP: 91282CKK6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  14290000 | PA      | $14328850.94  | 2.41%             | 2026-04-30      | Fixed         | 4.88%                 | No            | 2                  | On Loan: No      |
| United States Treasury                                 | U.S. Treasury Notes                                                           | CUSIP: 91282CKN0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1245000 | PA      | $1291201.18   | 0.22%             | 2031-04-30      | Fixed         | 4.62%                 | No            | 2                  | On Loan: No      |
| United States Treasury                                 | U.S. Treasury Floating Rate Notes                                             | CUSIP: 91282CMX6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  18230000 | PA      | $18252853.67  | 3.06%             | 2027-04-30      | Floating      | 3.77%                 | No            | 2                  | On Loan: No      |
| United States Treasury                                 | U.S. Treasury Floating Rate Notes                                             | CUSIP: 91282CNQ0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  18230000 | PA      | $18251681.12  | 3.06%             | 2027-07-31      | Floating      | 3.77%                 | No            | 2                  | On Loan: No      |
| United States Treasury                                 | U.S. Treasury Notes                                                           | CUSIP: 91282CNT4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  15025000 | PA      | $15039085.94  | 2.53%             | 2035-08-15      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| United States Treasury                                 | U.S. Treasury Notes                                                           | CUSIP: 91282CNX5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8060000 | PA      | $8008995.35   | 1.34%             | 2030-08-31      | Fixed         | 3.62%                 | No            | 2                  | On Loan: No      |
| United States Treasury                                 | U.S. Treasury Floating Rate Notes                                             | CUSIP: 91282CPG0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  18220000 | PA      | $18250890.55  | 3.06%             | 2027-10-31      | Floating      | 3.80%                 | No            | 2                  | On Loan: No      |
| UnitedHealth Group Inc                                 | UnitedHealth Group, Inc.                                                      | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      8661 | NS      | $2485100.73   | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| Verizon Communications Inc                             | Verizon Communications, Inc.                                                  | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     41600 | NS      | $1852032.00   | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Versant Media Group Inc                                | Versant Media Group, Inc.                                                     | CUSIP: 925283103<br>LEI: 254900D2Q5F5F229PU30 | Long             | EC               | CORP              | US        |      2776 | NS      | $90442.08     | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Vertiv Holdings Co                                     | Vertiv Holdings Co.                                                           | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |      6971 | NS      | $1297860.78   | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| VICI Properties Inc                                    | VICI Properties, Inc.                                                         | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               |  | US        |     55002 | NS      | $1544456.16   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Volkswagen Auto Lease Trust                            | Volkswagen Auto Lease Trust                                                   | CUSIP: 92868BAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    510000 | PA      | $511361.04    | 0.09%             | 2029-01-22      | Fixed         | 4.01%                 | No            | 2                  | On Loan: No      |
| American Beacon U.S. Government Money Market           | American Beacon U.S. Government Money Market                                  | CUSIP: 02368W200<br>LEI: 549300EXCES9V5RWB620 | Long             | STIV             | RF                | US        |  10598957 | NS      | $10598957.42  | 1.78%             |  |  |  | No            | 1                  | On Loan: No      |
| American Beacon U.S. Government Money Market           | American Beacon U.S. Government Money Market                                  | CUSIP: 02368W200<br>LEI: 549300EXCES9V5RWB620 | Long             | STIV             | RF                | US        |   4333799 | NS      | $4333799.44   | 0.73%             |  |  |  | No            | 1                  | On Loan: No      |
| WPP PLC                                                | WPP PLC                                                                       | CUSIP: 92937A102<br>LEI: 549300LSGBXPYHXGDT93 | Long             | EC               | CORP              | JE        |     28800 | NS      | $601344.00    | 0.10%             |  |  |  | No            | 1                  | On Loan: —       |
| Waste Connections Inc                                  | Waste Connections, Inc.                                                       | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Long             | EC               | CORP              | CA        |      3608 | NS      | $604700.80    | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Wells Fargo & Co                                       | Wells Fargo & Co.                                                             | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     57018 | NS      | $5159558.82   | 0.87%             |  |  |  | No            | 1                  | On Loan: No      |
| WELLS FARGO & COMPANY                                  | Wells Fargo & Co.                                                             | CUSIP: 949746TD3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    450000 | PA      | $449501.36    | 0.08%             | 2026-03-15      | Fixed         | 3.90%                 | No            | 2                  | On Loan: No      |
| Western Alliance Bancorp                               | Western Alliance Bancorp                                                      | CUSIP: 957638109<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EC               | CORP              | US        |     18592 | NS      | $1657476.80   | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Workday Inc                                            | Workday, Inc.                                                                 | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |     23300 | NS      | $4092179.00   | 0.69%             |  |  |  | No            | 1                  | On Loan: No      |
| World Omni Automobile Lease Securitization Trust       | World Omni Automobile Lease Securitization Trust                              | CUSIP: 98164PAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    280000 | PA      | $282075.84    | 0.05%             | 2028-04-17      | Fixed         | 4.42%                 | No            | 2                  | On Loan: No      |
| Wynn Resorts Ltd                                       | Wynn Resorts Ltd.                                                             | CUSIP: 983134107<br>LEI: 254900CEKKWIHTEAB172 | Long             | EC               | CORP              | US        |     18604 | NS      | $1998999.80   | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| Xcel Energy Inc                                        | Xcel Energy, Inc.                                                             | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |     52176 | NS      | $3968506.56   | 0.67%             |  |  |  | No            | 1                  | On Loan: No      |
| Zimmer Biomet Holdings Inc                             | Zimmer Biomet Holdings, Inc.                                                  | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |     10350 | NS      | $901174.50    | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Cie Financiere Richemont SA                            | Cie Financiere Richemont SA                                                   | CUSIP: 000000000<br>LEI: 549300YIPGJ6UX2QPS51 | Long             | EC               | CORP              | CH        |      2188 | NS      | $423727.96    | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| IMCD NV                                                | IMCD NV                                                                       | CUSIP: 000000000<br>LEI: 724500NSJPNFJPDAUP02 | Long             | EC               | CORP              | NL        |      5904 | NS      | $551042.99    | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| UBS Group AG                                           | UBS Group AG                                                                  | CUSIP: 000000000<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | EC               | CORP              | CH        |     29843 | NS      | $1419591.49   | 0.24%             |  |  |  | No            | 2                  | On Loan: No      |
| Ferrari NV                                             | Ferrari NV                                                                    | CUSIP: 000000000<br>LEI: 549300RIVY5EX8RCON76 | Long             | EC               | CORP              | NL        |      1471 | NS      | $491427.14    | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| Siemens Energy AG                                      | Siemens Energy AG                                                             | CUSIP: 000000000<br>LEI: 5299005CHJZ14D4FDJ62 | Long             | EC               | CORP              | DE        |     27743 | NS      | $4770400.77   | 0.80%             |  |  |  | No            | 2                  | On Loan: No      |
| Hexagon AB                                             | Hexagon AB                                                                    | CUSIP: 000000000<br>LEI: 549300WJFW6ILNI4TA80 | Long             | EC               | CORP              | SE        |     53008 | NS      | $601467.53    | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| Banca Monte dei Paschi di Siena SpA                    | Banca Monte dei Paschi di Siena SpA                                           | CUSIP: 000000000<br>LEI: J4CP7MHCXR8DAQMKIL78 | Long             | EC               | CORP              | IT        |     47248 | NS      | $489193.63    | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| Anglo American PLC                                     | Anglo American PLC                                                            | CUSIP: 000000000<br>LEI: 549300S9XF92D1X8ME43 | Long             | EC               | CORP              | GB        |     22834 | NS      | $1058310.89   | 0.18%             |  |  |  | No            | 2                  | On Loan: No      |
| Unilever PLC                                           | Unilever PLC                                                                  | CUSIP: 000000000<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |     12176 | NS      | $825666.22    | 0.14%             |  |  |  | No            | 2                  | On Loan: No      |
| Piraeus Bank SA                                        | Piraeus Bank SA                                                               | CUSIP: 000000000<br>LEI: 213800OYHR1MPQ5VJL60 | Long             | EC               | CORP              | GR        |    125887 | NS      | $1271355.09   | 0.21%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                            | Future                                                                        | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |        22 | NC      | $9825.25      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| ICE Futures U.S., Inc.                                 | Future                                                                        | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DE               |  | US        |        15 | NC      | $21786.85     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| ICE Futures U.S., Inc.                                 | Future                                                                        | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DE               |  | US        |        17 | NC      | $33755.43     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| American Beacon U.S. Government Money Market           | American Beacon U.S. Government Money Market                                  | CUSIP: 02368W200<br>LEI: 549300EXCES9V5RWB620 | Long             | STIV             | RF                | US        |   1690899 | NS      | $1690898.75   | 0.28%             |  |  |  | No            | N/A                | On Loan: No      |
| Techtronic Industries Co Ltd                           | Techtronic Industries Co. Ltd.                                                | CUSIP: 000000000<br>LEI: 549300HZW2SBE758OK89 | Long             | EC               | CORP              | HK        |     47000 | NS      | $644268.55    | 0.11%             |  |  |  | No            | 2                  | On Loan: No      |
| Li Ning Co Ltd                                         | Li Ning Co. Ltd.                                                              | CUSIP: 000000000<br>LEI: 529900T77L2FV3FZ3U81 | Long             | EC               | CORP              | KY        |    313500 | NS      | $817497.29    | 0.14%             |  |  |  | No            | 2                  | On Loan: No      |
| Itau Unibanco Holding SA                               | Itau Unibanco Holding SA                                                      | CUSIP: 000000000<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | EP               | CORP              | BR        |     91332 | NS      | $789626.34    | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Safran SA                                              | Safran SA                                                                     | CUSIP: 000000000<br>LEI: 969500UIC89GT3UL7L24 | Long             | EC               | CORP              | FR        |      5272 | NS      | $1884721.40   | 0.32%             |  |  |  | No            | 2                  | On Loan: No      |
| Engie SA                                               | Engie SA                                                                      | CUSIP: 000000000<br>LEI: LAXUQCHT4FH58LRZDY46 | Long             | EC               | CORP              | FR        |     44650 | NS      | $1330887.32   | 0.22%             |  |  |  | No            | 2                  | On Loan: No      |
| Alstom SA                                              | Alstom SA                                                                     | CUSIP: 000000000<br>LEI: 96950032TUYMW11FB530 | Long             | EC               | CORP              | FR        |     16019 | NS      | $512648.92    | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| Bandai Namco Holdings Inc                              | Bandai Namco Holdings, Inc.                                                   | CUSIP: 000000000<br>LEI: 3538008EFEM34VRJDQ95 | Long             | EC               | CORP              | JP        |     11000 | NS      | $285342.90    | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| Legrand SA                                             | Legrand SA                                                                    | CUSIP: 000000000<br>LEI: 969500XXRPGD7HCAFA90 | Long             | EC               | CORP              | FR        |      5630 | NS      | $899583.46    | 0.15%             |  |  |  | No            | 2                  | On Loan: No      |
| Experian PLC                                           | Experian PLC                                                                  | CUSIP: 000000000<br>LEI: 635400RXXHHYT1JTSZ26 | Long             | EC               | CORP              | JE        |     17894 | NS      | $674805.77    | 0.11%             |  |  |  | No            | 2                  | On Loan: No      |
| Lotes Co Ltd                                           | Lotes Co. Ltd.                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     10000 | NS      | $453291.37    | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| Symrise AG                                             | Symrise AG                                                                    | CUSIP: 000000000<br>LEI: 529900D82I6R9601CF26 | Long             | EC               | CORP              | DE        |      9241 | NS      | $778344.64    | 0.13%             |  |  |  | No            | 2                  | On Loan: No      |
| Sandvik AB                                             | Sandvik AB                                                                    | CUSIP: 000000000<br>LEI: 5299008ZUAXN43LVZF54 | Long             | EC               | CORP              | SE        |     12782 | NS      | $505805.07    | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| 3i Group PLC                                           | 3i Group PLC                                                                  | CUSIP: 000000000<br>LEI: 35GDVHRBMFE7NWATNM84 | Long             | EC               | CORP              | GB        |     46677 | NS      | $2150474.69   | 0.36%             |  |  |  | No            | 2                  | On Loan: No      |
| MatsukiyoCocokara & Co                                 | MatsukiyoCocokara & Co.                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     18300 | NS      | $292971.28    | 0.05%             |  |  |  | No            | 2                  | On Loan: —       |
| Bureau Veritas SA                                      | Bureau Veritas SA                                                             | CUSIP: 000000000<br>LEI: 969500TPU5T3HA5D1F11 | Long             | EC               | CORP              | FR        |     28859 | NS      | $928259.61    | 0.16%             |  |  |  | No            | 2                  | On Loan: No      |
| RELX PLC                                               | RELX PLC                                                                      | CUSIP: 000000000<br>LEI: 549300WSX3VBUFFJOO66 | Long             | EC               | CORP              | GB        |     31048 | NS      | $1100773.39   | 0.18%             |  |  |  | No            | 2                  | On Loan: No      |
| KB Financial Group Inc                                 | KB Financial Group, Inc.                                                      | CUSIP: 000000000<br>LEI: 529900TKE4MXG3Q6GW86 | Long             | EC               | CORP              | KR        |      5688 | NS      | $533955.94    | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| Amadeus IT Group SA                                    | Amadeus IT Group SA                                                           | CUSIP: 000000000<br>LEI: 9598004A3FTY3TEHHN09 | Long             | EC               | CORP              | ES        |      6371 | NS      | $427308.50    | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| AIA Group Ltd                                          | AIA Group Ltd.                                                                | CUSIP: 000000000<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | EC               | CORP              | HK        |    115200 | NS      | $1330391.97   | 0.22%             |  |  |  | No            | 2                  | On Loan: No      |
| Otsuka Holdings Co Ltd                                 | Otsuka Holdings Co. Ltd.                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     12300 | NS      | $735778.77    | 0.12%             |  |  |  | No            | 2                  | On Loan: No      |
| Rolls-Royce Holdings PLC                               | Rolls-Royce Holdings PLC                                                      | CUSIP: 000000000<br>LEI: 213800EC7997ZBLZJH69 | Long             | EC               | CORP              | GB        |    187688 | NS      | $3129454.34   | 0.53%             |  |  |  | No            | 2                  | On Loan: No      |
| Siemens Healthineers AG                                | Siemens Healthineers AG                                                       | CUSIP: 000000000<br>LEI: 529900QBVWXMWANH7H45 | Long             | EC               | CORP              | DE        |     13912 | NS      | $695075.47    | 0.12%             |  |  |  | Yes           | 2                  | On Loan: No      |
| Compass Group PLC                                      | Compass Group PLC                                                             | CUSIP: 000000000<br>LEI: 2138008M6MH9OZ6U2T68 | Long             | EC               | CORP              | GB        |     27011 | NS      | $809050.61    | 0.14%             |  |  |  | No            | 2                  | On Loan: No      |
| IMI PLC                                                | IMI PLC                                                                       | CUSIP: 000000000<br>LEI: 2138002W9Q21PF751R30 | Long             | EC               | CORP              | GB        |     24466 | NS      | $925977.01    | 0.16%             |  |  |  | No            | 2                  | On Loan: No      |
| Shenzhen Mindray Bio-Medical Electronics Co Ltd        | Shenzhen Mindray Bio-Medical Electronics Co. Ltd.                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      8800 | NS      | $239949.88    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| Contemporary Amperex Technology Co Ltd                 | Contemporary Amperex Technology Co. Ltd.                                      | CUSIP: 000000000<br>LEI: 300300KINDY1K0E9I032 | Long             | EC               | CORP              | CN        |     11595 | NS      | $586233.00    | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| Croda International PLC                                | Croda International PLC                                                       | CUSIP: 000000000<br>LEI: 2138004WCNBFJEEOXV26 | Long             | EC               | CORP              | GB        |     16358 | NS      | $611235.46    | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| Alibaba Group Holding Ltd                              | Alibaba Group Holding Ltd.                                                    | CUSIP: 000000000<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | KY        |     50100 | NS      | $1065452.30   | 0.18%             |  |  |  | No            | 2                  | On Loan: No      |
| JD Sports Fashion PLC                                  | JD Sports Fashion PLC                                                         | CUSIP: 000000000<br>LEI: 213800HROV6Y9MUU8375 | Long             | EC               | CORP              | GB        |    199124 | NS      | $223071.78    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| Tencent Holdings Ltd                                   | Tencent Holdings Ltd.                                                         | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | KY        |     38000 | NS      | $2913442.27   | 0.49%             |  |  |  | No            | 2                  | On Loan: No      |
| Lottomatica Group Spa                                  | Lottomatica Group SpA                                                         | CUSIP: 000000000<br>LEI: 549300R72LKEGT4EX026 | Long             | EC               | CORP              | IT        |     20707 | NS      | $508595.44    | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| Rede D'Or Sao Luiz SA                                  | Rede D'Or Sao Luiz SA                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |     69200 | NS      | $557386.92    | 0.09%             |  |  |  | Yes           | 1                  | On Loan: No      |
| Universal Music Group NV                               | Universal Music Group NV                                                      | CUSIP: 000000000<br>LEI: 724500GJBUL3D9TW9Y18 | Long             | EC               | CORP              | NL        |     20958 | NS      | $513733.25    | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| Novo Nordisk A/S                                       | Novo Nordisk AS                                                               | CUSIP: 000000000<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |     24092 | NS      | $1431352.96   | 0.24%             |  |  |  | No            | 2                  | On Loan: No      |
| Shell PLC                                              | Shell PLC                                                                     | CUSIP: 000000000<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |     30990 | NS      | $1187808.82   | 0.20%             |  |  |  | No            | 2                  | On Loan: No      |
| Zalando SE                                             | Zalando SE                                                                    | CUSIP: 000000000<br>LEI: 529900YRFFGH5AXU4S86 | Long             | EC               | CORP              | DE        |     19570 | NS      | $565887.93    | 0.10%             |  |  |  | Yes           | 2                  | On Loan: No      |
| Saudi National Bank/The                                | Saudi National Bank                                                           | CUSIP: 000000000<br>LEI: 5586006ZEFQ542K7CY16 | Long             | EC               | CORP              | SA        |     71112 | NS      | $850828.91    | 0.14%             |  |  |  | No            | 2                  | On Loan: No      |
| Magnum Ice Cream Co NV/The                             | Magnum Ice Cream Co. NV                                                       | CUSIP: 000000000<br>LEI: 25490052LLF3XH6G9847 | Long             | EC               | CORP              | NL        |      3791 | NS      | $67306.73     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Japan Post Bank Co Ltd                                 | Japan Post Bank Co. Ltd.                                                      | CUSIP: 000000000<br>LEI: 5493006JVO6N2HC2XZ76 | Long             | EC               | CORP              | JP        |     22600 | NS      | $400735.83    | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| Adyen NV                                               | Adyen NV                                                                      | CUSIP: 000000000<br>LEI: 724500973ODKK3IFQ447 | Long             | EC               | CORP              | NL        |       785 | NS      | $1170392.16   | 0.20%             |  |  |  | Yes           | 2                  | On Loan: No      |
| TotalEnergies SE                                       | TotalEnergies SE                                                              | CUSIP: 000000000<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |     26000 | NS      | $1882400.00   | 0.32%             |  |  |  | No            | 1                  | On Loan: —       |
| Aon PLC                                                | Aon PLC                                                                       | CUSIP: 000000000<br>LEI: 635400FALWQYX5E6QC64 | Long             | EC               | CORP              | IE        |      5071 | NS      | $1773024.44   | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Arch Capital Group Ltd                                 | Arch Capital Group Ltd.                                                       | CUSIP: 000000000<br>LEI: 549300AYR4P8AFKDCE43 | Long             | EC               | CORP              | BM        |     13746 | NS      | $1320165.84   | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| Axalta Coating Systems Ltd                             | Axalta Coating Systems Ltd.                                                   | CUSIP: 000000000<br>LEI: 529900AGLPA40GV6H619 | Long             | EC               | CORP              | BM        |     50924 | NS      | $1710027.92   | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Everest Group Ltd                                      | Everest Group Ltd.                                                            | CUSIP: 000000000<br>LEI: 549300N24XF2VV0B3570 | Long             | EC               | CORP              | BM        |      2228 | NS      | $738091.84    | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Aptiv PLC                                              | Aptiv PLC                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JE        |     37946 | NS      | $2874409.50   | 0.48%             |  |  |  | No            | 1                  | On Loan: No      |
| ICON PLC                                               | ICON PLC                                                                      | CUSIP: 000000000<br>LEI: 6354008SRQGEMC4XFI67 | Long             | EC               | CORP              | IE        |      2607 | NS      | $469911.75    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Johnson Controls International plc                     | Johnson Controls International PLC                                            | CUSIP: 000000000<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | IE        |     21819 | NS      | $2602133.94   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| Linde PLC                                              | Linde PLC                                                                     | CUSIP: 000000000<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | IE        |      2130 | NS      | $973346.10    | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Medtronic PLC                                          | Medtronic PLC                                                                 | CUSIP: 000000000<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |     62065 | NS      | $6390212.40   | 1.07%             |  |  |  | No            | 1                  | On Loan: No      |
| NU Holdings Ltd/Cayman Islands                         | NU Holdings Ltd.                                                              | CUSIP: 000000000<br>LEI: 5493002DG1RHWK9W2X27 | Long             | EC               | CORP              | KY        |     74172 | NS      | $1316553.00   | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| Seagate Technology Holdings PLC                        | Seagate Technology Holdings PLC                                               | CUSIP: 000000000<br>LEI: 635400RUXIFEZSRU8X70 | Long             | EC               | CORP              | IE        |      4539 | NS      | $1850504.91   | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| TE Connectivity PLC                                    | TE Connectivity PLC                                                           | CUSIP: 000000000<br>LEI: 6367003TB6K484NFHE54 | Long             | EC               | CORP              | IE        |      2600 | NS      | $579228.00    | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Willis Towers Watson PLC                               | Willis Towers Watson PLC                                                      | CUSIP: 000000000<br>LEI: 549300WHC56FF48KL350 | Long             | EC               | CORP              | IE        |      2554 | NS      | $810818.38    | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Alcon AG                                               | Alcon AG                                                                      | CUSIP: 000000000<br>LEI: 549300LDT5AP8S0NBM78 | Long             | EC               | CORP              | CH        |     18700 | NS      | $1514326.00   | 0.25%             |  |  |  | No            | 1                  | On Loan: —       |
| Globant SA                                             | Globant SA                                                                    | CUSIP: 000000000<br>LEI: 2221008DCMSPYS42DS88 | Long             | EC               | CORP              | LU        |      6114 | NS      | $408904.32    | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Spotify Technology SA                                  | Spotify Technology SA                                                         | CUSIP: 000000000<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | LU        |      2529 | NS      | $1265385.15   | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Monday.com Ltd                                         | Monday.com Ltd.                                                               | CUSIP: 000000000<br>LEI: 984500MDAFVD86E3B328 | Long             | EC               | CORP              | IL        |      3129 | NS      | $359052.75    | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| ASML Holding NV                                        | ASML Holding NV                                                               | CUSIP: 000000000<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |      1736 | NS      | $2470328.00   | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| CNH Industrial NV                                      | CNH Industrial NV                                                             | CUSIP: 000000000<br>LEI: 549300WGC2HZ5J67V817 | Long             | EC               | CORP              | NL        |    124500 | NS      | $1339620.00   | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2026-02-27

**Name of Applicant:** American Beacon Institutional Funds Trust

**Signature:** Melinda Heika

**Name of Signer:** Melinda Heika

**Title:** Treasurer