# EDGAR Filing Document

**Accession Number:** 0000787441
**File Stem:** 0002071691-25-008888
**Filing Date:** 2025-12
**Character Count:** 64288
**Document Hash:** 5c0c4a89b1d61c50d57eb8b45ff8a096
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-008888.hdr.sgml**: 20251222

**ACCESSION NUMBER**: 0002071691-25-008888

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251222

**DATE AS OF CHANGE**: 20251222

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NEW YORK LIFE INVESTMENTS FUNDS
- **CENTRAL INDEX KEY:** 0000787441

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04550
- **FILM NUMBER:** 251589867

**BUSINESS ADDRESS:**
- **STREET 1:** 51 MADISON AVE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10010
- **BUSINESS PHONE:** 2125767000

**MAIL ADDRESS:**
- **STREET 1:** 51 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10010

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MAINSTAY FUNDS
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MACKAY SHIELDS MAINSTAY SERIES FUND /NY/
- **DATE OF NAME CHANGE:** 19911126

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MACKAY SHIELDS SERIES FUND
- **DATE OF NAME CHANGE:** 19860506

## Series and Classes Contracts Data

### NYLI Candriam Emerging Markets Debt Fund (Series ID: S000006901)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000018710 | Class A        | MGHAX           |
| C000018712 | Class C        | MHYCX           |
| C000052120 | Class I        | MGHIX           |
| C000060797 | INVESTOR CLASS | MGHHX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** NEW YORK LIFE INVESTMENTS FUNDS

- **b. Investment Company Act file number:** 811-04550

- **c. CIK number of Registrant:** 0000787441

- **d. LEI of Registrant:** 549300PAI7XEJSNBJ671

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

  - **Street Address 1:** 51 Madison Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10010

  - **Telephone number:** 212-576-7000

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

- **a. Name of Series:** NYLI Candriam Emerging Markets Debt Fund

- **b. EDGAR series identifier (if any):** S000006901

- **c. LEI of Series:** DHY67FS98KZU23D51C86

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-10-31

**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:** $140899811.77

**Total Liabilities:** $2750407.77

**Net Assets:** $138149404.00

**Cash Not Reported:** $1006932.34

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** -695.04000000 | **5-Year:** -6321.91000000 | **10-Year:** -14809.89000000 | **30-Year:** -25500.74000000

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

- **3-Month:** -0.31000000 | **1-Year:** -1068.92000000 | **5-Year:** -9377.36000000 | **10-Year:** -25354.92000000 | **30-Year:** -19160.25000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000018712 | 1.56%                | 1.39%                | 2.14%                |
| Class ID C000052120 | 1.63%                | 1.59%                | 2.20%                |
| Class ID C000060797 | 1.56%                | 1.52%                | 2.12%                |
| Class ID C000018710 | 1.61%                | 1.57%                | 2.18%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $474255.75               | $1307744.39                                |
| Month 2  | $546702.74               | $1042675.15                                |
| Month 3  | $509091.10               | $1522692.12                                |

**Designated Index Information**

- **Index Name:** JPM EMBI Global Diversified Index

- **Index Identifier:** JPME__JPM00834

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Mexican Peso                                   | Mexican Peso                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | MX        |    937972 | OU      | $50486.97     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Romania                                        | Romanian Government Bond                                | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |    506000 | PA      | $578034.03    | 0.42%             | 2045-10-07      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| N/A                                            | Forward Foreign Currency Contract                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $276822.46    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Magyar Export-Import Bank Zrt.                 | Magyar Export-Import Bank Zrt.                          | CUSIP: N/A<br>LEI: 529900O4UGETQ9Q3AA63       | Long             | DBT              | NUSS              | HU        |    752000 | PA      | $935964.23    | 0.68%             | 2029-05-16      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Democratic Socialist Republic of Sri Lanka     | Sri Lanka Government Bond                               | CUSIP: N/A<br>LEI: 254900IG6Y30I2QE2R92       | Long             | DBT              | NUSS              | LK        |    440269 | PA      | $340759.34    | 0.25%             | 2035-06-15      | Variable      | 3.60%                 | Yes           |                  2 | On Loan: No      |
| N/A                                            | Forward Foreign Currency Contract                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-23893.07    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Kingdom of Bahrain                             | Bahrain Government Bond                                 | CUSIP: N/A<br>LEI: 549300RODM1WN85LFQ95       | Long             | DBT              | NUSS              | BH        |   1000000 | PA      | $1101308.14   | 0.80%             | 2036-02-12      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Republic of Peru                               | Peru Government Bond                                    | CUSIP: 715638DW9<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |   1000000 | PA      | $643050.00    | 0.47%             | 2072-01-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                           | Colombia Government Bond                                | CUSIP: 195325ER2<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |   3000000 | PA      | $3211050.00   | 2.32%             | 2030-04-25      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Republic of Ecuador                            | Ecuador Government Bond                                 | CUSIP: N/A<br>LEI: 5299003Y2U5XK0A35H71       | Long             | DBT              | NUSS              | EC        |    700000 | PA      | $535500.00    | 0.39%             | 2035-07-31      | Variable      | 6.90%                 | Yes           |                  2 | On Loan: No      |
| Rand                                           | Rand                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | ZA        |         0 | OU      | $0.02         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Romania                                        | Romanian Government Bond                                | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |    500000 | PA      | $520815.35    | 0.38%             | 2028-02-17      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Argentine Republic (The)                       | Argentina Government Bond                               | CUSIP: 040114HT0<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    909091 | PA      | $636818.25    | 0.46%             | 2035-07-09      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| Federative Republic of Brazil                  | Brazil Government Bond                                  | CUSIP: 105756CH1<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |   1414000 | PA      | $1440159.00   | 1.04%             | 2034-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Argentine Republic (The)                       | Argentina Government Bond                               | CUSIP: 040114HS2<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    139130 | PA      | $113739.10    | 0.08%             | 2030-07-09      | Variable      | 0.75%                 | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                         | Egypt Government Bond                                   | CUSIP: N/A<br>LEI: 529900GFIVH4086NMH82       | Long             | DBT              | NUSS              | EG        |   2500000 | PA      | $2048470.20   | 1.48%             | 2061-02-16      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Hungary                                        | Hungary Government Bond                                 | CUSIP: N/A<br>LEI: 5299003F3UFKGCCMAP43       | Long             | DBT              | NUSS              | HU        |   1000000 | PA      | $1021425.95   | 0.74%             | 2029-06-16      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Republic of Senegal                            | Senegal Government Bond                                 | CUSIP: N/A<br>LEI: 549300NP14ZLQGWIUZ97       | Long             | DBT              | NUSS              | SN        |    981000 | PA      | $626936.08    | 0.45%             | 2048-03-13      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| United Mexican States                          | Mexico Government Bond                                  | CUSIP: 91087BAZ3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    950000 | PA      | $972135.00    | 0.70%             | 2036-05-07      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Lebanese Republic                              | Lebanon Government Bond                                 | CUSIP: N/A<br>LEI: 529900QPC4K9S1KHL354       | Long             | DBT              | NUSS              | LB        |    750000 | PA      | $172407.00    | 0.12%             | 2032-03-23      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Federal Republic of Nigeria                    | Nigeria Government Bond                                 | CUSIP: N/A<br>LEI: 549300GSBZD84TNEQ285       | Long             | DBT              | NUSS              | NG        |    500000 | PA      | $501086.85    | 0.36%             | 2032-02-16      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Romania                                        | Romanian Government Bond                                | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |    500000 | PA      | $514545.01    | 0.37%             | 2029-01-30      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Oman Government International Bond             | Oman Government Bond                                    | CUSIP: N/A<br>LEI: 549300SZ20F0QTKNQC75       | Long             | DBT              | NUSS              | OM        |   2000000 | PA      | $2243126.66   | 1.62%             | 2048-01-17      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| N/A                                            | Euro-Bobl                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |       -27 | NC      | $-10678.13    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Republic of Montenegro                         | Montenegro Government Bond                              | CUSIP: N/A<br>LEI: 747800V014106FYLL014       | Long             | DBT              | NUSS              | ME        |    900000 | PA      | $1054044.69   | 0.76%             | 2032-04-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| United Mexican States                          | Mexico Government Bond                                  | CUSIP: 91086QBB3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    500000 | PA      | $421125.00    | 0.30%             | 2044-03-08      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Republic of Turkey                             | Turkey Government Bond                                  | CUSIP: 900123DJ6<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |   1000000 | PA      | $1136880.11   | 0.82%             | 2030-07-13      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| Republic of Chile                              | Chile Government Bond                                   | CUSIP: 168863DU9<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |   2000000 | PA      | $1269300.00   | 0.92%             | 2071-09-21      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                           | Colombia Government Bond                                | CUSIP: 195325EM3<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    750000 | PA      | $859462.50    | 0.62%             | 2053-11-14      | Fixed         | 8.75%                 | No            |                  2 | On Loan: —       |
| Kenya Government Bond                          | Kenya Government Bond                                   | CUSIP: N/A<br>LEI: 549300VVURQQYU45PR87       | Long             | DBT              | NUSS              | KE        |   1250000 | PA      | $1279088.84   | 0.93%             | 2036-03-05      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| N/A                                            | Euro-Bund                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |       -20 | NC      | $-27744.55    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Republic of Peru                               | Peru Government Bond                                    | CUSIP: 715638DP4<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |   1000000 | PA      | $828450.00    | 0.60%             | 2032-12-01      | Fixed         | 1.86%                 | No            |                  2 | On Loan: No      |
| Republic of Bulgaria                           | Bulgaria Government Bond                                | CUSIP: N/A<br>LEI: 529900PG0XCL4LICL838       | Long             | DBT              | NUSS              | BG        |    500000 | PA      | $501468.05    | 0.36%             | 2037-03-05      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Republic of Ecuador                            | Ecuador Government Bond                                 | CUSIP: N/A<br>LEI: 5299003Y2U5XK0A35H71       | Long             | DBT              | NUSS              | EC        |   1850000 | PA      | $1258000.00   | 0.91%             | 2040-07-31      | Variable      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Federal Republic of Nigeria                    | Nigeria Government Bond                                 | CUSIP: N/A<br>LEI: 549300GSBZD84TNEQ285       | Long             | DBT              | NUSS              | NG        |   1100000 | PA      | $1236593.80   | 0.90%             | 2034-12-09      | Fixed         | 10.38%                | Yes           |                  2 | On Loan: No      |
| Petroleos de Venezuela SA                      | Petroleos de Venezuela SA                               | CUSIP: N/A<br>LEI: 549300YWR8TN1OFD4P06       | Long             | DBT              | NUSS              | VE        |   2000000 | PA      | $442000.00    | 0.32%             | 2024-05-16      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Kingdom of Saudi Arabia                        | Saudi Government Bond                                   | CUSIP: N/A<br>LEI: 635400FMICXSM3SI3H65       | Long             | DBT              | NUSS              | SA        |   1250000 | PA      | $837388.36    | 0.61%             | 2061-02-02      | Fixed         | 3.45%                 | Yes           |                  2 | On Loan: No      |
| TAV Havalimanlari Holding A/S                  | TAV Havalimanlari Holding A/S                           | CUSIP: N/A<br>LEI: 789000PBM9TT5D88M597       | Long             | DBT              | CORP              | TR        |   1000000 | PA      | $1042581.85   | 0.75%             | 2028-12-07      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| N/A                                            | Forward Foreign Currency Contract                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-33857.67    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Federative Republic of Brazil                  | Brazil Government Bond                                  | CUSIP: 105756CJ7<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    296000 | PA      | $299848.00    | 0.22%             | 2054-05-13      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Democratic Socialist Republic of Sri Lanka     | Sri Lanka Government Bond                               | CUSIP: N/A<br>LEI: 254900IG6Y30I2QE2R92       | Long             | DBT              | NUSS              | LK        |    180307 | PA      | $172869.45    | 0.13%             | 2028-04-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Islamic Republic of Pakistan                   | Pakistan Government Bond                                | CUSIP: N/A<br>LEI: 529900LOP29R5WKHOD86       | Long             | DBT              | NUSS              | PK        |   1250000 | PA      | $1193378.55   | 0.86%             | 2051-04-08      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| Indonesia Government Bond                      | Indonesia Government Bond                               | CUSIP: 455780DN3<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |   2000000 | PA      | $2020578.06   | 1.46%             | 2032-09-20      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Republic of Poland                             | Poland Government Bond                                  | CUSIP: 731011AZ5<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |   2500000 | PA      | $2464330.30   | 1.78%             | 2054-03-18      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                           | Colombia Government Bond                                | CUSIP: 195325EQ4<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    750000 | PA      | $825562.50    | 0.60%             | 2054-11-07      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Democratic Socialist Republic of Sri Lanka     | Sri Lanka Government Bond                               | CUSIP: N/A<br>LEI: 254900IG6Y30I2QE2R92       | Long             | DBT              | NUSS              | LK        |    313948 | PA      | $295503.56    | 0.21%             | 2030-01-15      | Variable      | 3.10%                 | Yes           |                  2 | On Loan: No      |
| Republic of Montenegro                         | Montenegro Government Bond                              | CUSIP: N/A<br>LEI: 747800V014106FYLL014       | Long             | DBT              | NUSS              | ME        |   1000000 | PA      | $1077149.32   | 0.78%             | 2031-03-12      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Hungary                                        | Hungary Government Bond                                 | CUSIP: N/A<br>LEI: 5299003F3UFKGCCMAP43       | Long             | DBT              | NUSS              | HU        |    900000 | PA      | $917431.62    | 0.66%             | 2034-06-16      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Bank Gospodarstwa Krajowego                    | Bank Gospodarstwa Krajowego                             | CUSIP: N/A<br>LEI: 259400BCOV9JJIGLYF05       | Long             | DBT              | NUSS              | PL        |   2000000 | PA      | $2120814.78   | 1.54%             | 2054-07-09      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| United Mexican States                          | Mexico Government Bond                                  | CUSIP: 91087BAP5<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   2000000 | PA      | $1236800.00   | 0.90%             | 2071-04-19      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Ukraine                                        | Ukraine Government Bond                                 | CUSIP: N/A<br>LEI: 6354001WLTJXOMEXPY07       | Long             | DBT              | NUSS              | UA        |    347982 | PA      | $193025.83    | 0.14%             | 2035-02-01      | Variable      | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Benin Government International Bond            | Benin Government Bond                                   | CUSIP: N/A<br>LEI: 635400Q11P6AE5A5Y230       | Long             | DBT              | NUSS              | BJ        |    600000 | PA      | $661884.39    | 0.48%             | 2032-01-19      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Raizen Fuels Finance SA                        | Raizen Fuels Finance SA                                 | CUSIP: N/A<br>LEI: 52990010NH26VC32Q522       | Long             | DBT              | CORP              | LU        |    833000 | PA      | $708050.00    | 0.51%             | 2032-07-08      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Democratic Socialist Republic of Sri Lanka     | Sri Lanka Government Bond                               | CUSIP: N/A<br>LEI: 254900IG6Y30I2QE2R92       | Long             | DBT              | NUSS              | LK        |    656811 | PA      | $573390.03    | 0.42%             | 2033-03-15      | Variable      | 3.35%                 | Yes           |                  2 | On Loan: No      |
| Serbia International Bond                      | Serbia Government Bond                                  | CUSIP: N/A<br>LEI: 254900W94OCY91V32O78       | Long             | DBT              | NUSS              | RS        |    950000 | PA      | $832877.77    | 0.60%             | 2030-12-01      | Fixed         | 2.12%                 | Yes           |                  2 | On Loan: No      |
| Republic of Ghana                              | Ghana Government Bond                                   | CUSIP: N/A<br>LEI: 213800PP4399SNNXZ126       | Long             | DBT              | NUSS              | GH        |     17600 | PA      | $17072.09     | 0.01%             | 2026-07-03      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Romania                                        | Romanian Government Bond                                | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |   1000000 | PA      | $1078634.99   | 0.78%             | 2033-01-17      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Energo-Pro A/S                                 | Energo-Pro A/S                                          | CUSIP: N/A<br>LEI: 315700IQCL9IX158RO36       | Long             | DBT              | CORP              | CZ        |    643000 | PA      | $785341.66    | 0.57%             | 2030-05-27      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Dominican Republic                             | Dominican Republic Government Bond                      | CUSIP: N/A<br>LEI: 254900EHU7Q8FGVPI369       | Long             | DBT              | NUSS              | DO        |    500000 | PA      | $507725.00    | 0.37%             | 2029-02-22      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Republic of Costa Rica                         | Costa Rica Government Bond                              | CUSIP: N/A<br>LEI: 549300S1EK2VN6XVJP58       | Long             | DBT              | NUSS              | CR        |   2000000 | PA      | $1894120.00   | 1.37%             | 2043-04-30      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Republic of Senegal                            | Senegal Government Bond                                 | CUSIP: N/A<br>LEI: 549300NP14ZLQGWIUZ97       | Long             | DBT              | NUSS              | SN        |   1000000 | PA      | $751825.24    | 0.54%             | 2037-06-08      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Arab Republic of Egypt                         | Egypt Government Bond                                   | CUSIP: N/A<br>LEI: 529900GFIVH4086NMH82       | Long             | DBT              | NUSS              | EG        |    500000 | PA      | $508096.90    | 0.37%             | 2032-05-29      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Republic of Turkey                             | Turkey Government Bond                                  | CUSIP: 900123CB4<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |   2753000 | PA      | $2096273.03   | 1.52%             | 2043-04-16      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| N/A                                            | U.S. Treasury 10 Year Ultra Bonds                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        20 | NC      | $31824.10     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic of South Africa                       | South Africa Government Bond                            | CUSIP: 836205AY0<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    500000 | PA      | $517308.03    | 0.37%             | 2030-06-22      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Federative Republic of Brazil                  | Brazil Government Bond                                  | CUSIP: 105756CL2<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |   1000000 | PA      | $1041300.00   | 0.75%             | 2035-03-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Federative Republic of Brazil                  | Brazil Government Bond                                  | CUSIP: 105756CG3<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    637000 | PA      | $669805.50    | 0.48%             | 2031-03-18      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Dominican Republic                             | Dominican Republic Government Bond                      | CUSIP: N/A<br>LEI: 254900EHU7Q8FGVPI369       | Long             | DBT              | NUSS              | DO        |   1453000 | PA      | $1532043.20   | 1.11%             | 2036-06-01      | Fixed         | 6.60%                 | Yes           |                  2 | On Loan: No      |
| Petroleos de Venezuela SA                      | Petroleos de Venezuela SA                               | CUSIP: N/A<br>LEI: 549300YWR8TN1OFD4P06       | Long             | DBT              | CORP              | VE        |   2000000 | PA      | $442000.00    | 0.32%             | 2027-04-12      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Hungary                                        | Hungary Government Bond                                 | CUSIP: N/A<br>LEI: 5299003F3UFKGCCMAP43       | Long             | DBT              | NUSS              | HU        |    900000 | PA      | $908573.49    | 0.66%             | 2036-03-26      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Energo-Pro A/S                                 | Energo-Pro A/S                                          | CUSIP: N/A<br>LEI: 315700IQCL9IX158RO36       | Long             | DBT              | CORP              | CZ        |    900000 | PA      | $949500.00    | 0.69%             | 2028-11-02      | Fixed         | 11.00%                | Yes           |                  2 | On Loan: No      |
| Federative Republic of Brazil                  | Brazil Government Bond                                  | CUSIP: 105756CF5<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |   1000000 | PA      | $1022500.00   | 0.74%             | 2033-10-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| United Mexican States                          | Mexico Government Bond                                  | CUSIP: 91087BAR1<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   1250000 | PA      | $1084062.50   | 0.78%             | 2034-02-12      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                           | Colombia Government Bond                                | CUSIP: 195325EL5<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    801000 | PA      | $873090.00    | 0.63%             | 2035-11-14      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Republic of Guatemala                          | Guatemala Government Bond                               | CUSIP: N/A<br>LEI: 529900QKDFFU9UWW5315       | Long             | DBT              | NUSS              | GT        |   1700000 | PA      | $1700850.00   | 1.23%             | 2028-02-13      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Alibaba Group Holding Ltd.                     | Alibaba Group Holding Ltd.                              | CUSIP: 01609WAV4<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |   2000000 | PA      | $1742892.92   | 1.26%             | 2047-12-06      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Benin Government International Bond            | Benin Government Bond                                   | CUSIP: N/A<br>LEI: 635400Q11P6AE5A5Y230       | Long             | DBT              | NUSS              | BJ        |   1058000 | PA      | $1100691.55   | 0.80%             | 2038-02-13      | Fixed         | 7.96%                 | Yes           |                  2 | On Loan: No      |
| Arab Republic of Egypt                         | Egypt Government Bond                                   | CUSIP: N/A<br>LEI: 529900GFIVH4086NMH82       | Long             | DBT              | NUSS              | EG        |    750000 | PA      | $698796.86    | 0.51%             | 2049-03-01      | Fixed         | 8.70%                 | Yes           |                  2 | On Loan: No      |
| Romania                                        | Romanian Government Bond                                | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |    500000 | PA      | $600991.63    | 0.44%             | 2032-07-11      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Raizen Fuels Finance SA                        | Raizen Fuels Finance SA                                 | CUSIP: N/A<br>LEI: 52990010NH26VC32Q522       | Long             | DBT              | CORP              | LU        |    500000 | PA      | $387599.93    | 0.28%             | 2054-03-05      | Fixed         | 6.95%                 | Yes           |                  2 | On Loan: No      |
| Kingdom of Saudi Arabia                        | Saudi Government Bond                                   | CUSIP: N/A<br>LEI: 635400FMICXSM3SI3H65       | Long             | DBT              | NUSS              | SA        |   3000000 | PA      | $2652026.01   | 1.92%             | 2046-10-26      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Republic of Albania                            | Albania Government Bond                                 | CUSIP: N/A<br>LEI: 254900EDM43U3SGRND29       | Long             | DBT              | NUSS              | AL        |    500000 | PA      | $592630.40    | 0.43%             | 2035-02-14      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Republic of Peru                               | Peru Government Bond                                    | CUSIP: 715638DR0<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |   1500000 | PA      | $847875.00    | 0.61%             | 2121-07-28      | Fixed         | 3.23%                 | No            |                  2 | On Loan: No      |
| Romania                                        | Romanian Government Bond                                | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |    500000 | PA      | $489053.38    | 0.35%             | 2035-03-24      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Romania                                        | Romanian Government Bond                                | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |    500000 | PA      | $585834.33    | 0.42%             | 2032-05-30      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Republic of Panama                             | Panama Government Bond                                  | CUSIP: 698299AK0<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |   2300000 | PA      | $2613720.00   | 1.89%             | 2029-04-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                       | South Africa Government Bond                            | CUSIP: 836205BB9<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    884000 | PA      | $746897.06    | 0.54%             | 2049-09-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| N/A                                            | U.S. Treasury 2 Year Notes                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        35 | NC      | $-5825.12     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Federative Republic of Brazil                  | Brazil Government Bond                                  | CUSIP: 105756CB4<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    200000 | PA      | $150500.00    | 0.11%             | 2050-01-14      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Romania                                        | Romanian Government Bond                                | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |    500000 | PA      | $513686.38    | 0.37%             | 2034-01-30      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Finance Department Government of Sharjah       | Sharjah Government Bond                                 | CUSIP: N/A<br>LEI: 254900ZNL8O3F1CLJO24       | Long             | DBT              | NUSS              | AE        |   2000000 | PA      | $1400520.96   | 1.01%             | 2050-07-28      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| United Mexican States                          | Mexico Government Bond                                  | CUSIP: 91087BAL4<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   1250000 | PA      | $1041687.50   | 0.75%             | 2051-04-27      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Republic of Panama                             | Panama Government Bond                                  | CUSIP: 698299BL7<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |   1250000 | PA      | $845000.00    | 0.61%             | 2060-07-23      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| Republic of El Salvador                        | El Salvador Government Bond                             | CUSIP: N/A<br>LEI: 529900AKDMUSFSDOM949       | Long             | DBT              | NUSS              | SV        |    300000 | PA      | $321463.16    | 0.23%             | 2032-04-10      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| United Mexican States                          | Mexico Government Bond                                  | CUSIP: 91086QAZ1<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   1250000 | PA      | $1097875.00   | 0.79%             | 2110-10-12      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| N/A                                            | U.S. Treasury 10 Year Notes                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        20 | NC      | $12136.10     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Democratic Socialist Republic of Sri Lanka     | Sri Lanka Government Bond                               | CUSIP: N/A<br>LEI: 254900IG6Y30I2QE2R92       | Long             | DBT              | NUSS              | LK        |    131395 | PA      | $119876.65    | 0.09%             | 2036-05-15      | Variable      | 3.60%                 | Yes           |                  2 | On Loan: No      |
| Hungary                                        | Hungary Government Bond                                 | CUSIP: N/A<br>LEI: 5299003F3UFKGCCMAP43       | Long             | DBT              | NUSS              | HU        |   2000000 | PA      | $1723396.54   | 1.25%             | 2031-09-22      | Fixed         | 2.12%                 | Yes           |                  2 | On Loan: No      |
| N/A                                            | U.S. Treasury 5 Year Notes                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        80 | NC      | $-20116.56    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Republic of Colombia                           | Colombia Government Bond                                | CUSIP: 195325EF8<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    750000 | PA      | $824775.00    | 0.60%             | 2033-04-20      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| United Mexican States                          | Mexico Government Bond                                  | CUSIP: 91087BAT7<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    900000 | PA      | $875250.00    | 0.63%             | 2033-05-19      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                       | South Africa Government Bond                            | CUSIP: N/A<br>LEI: 378900AAFB4F17004C49       | Long             | DBT              | NUSS              | ZA        |    750000 | PA      | $806597.03    | 0.58%             | 2036-11-19      | Fixed         | 7.10%                 | Yes           |                  2 | On Loan: No      |
| INVESCO GOVT AND AGCY LEX                      | INVESCO GOVERNMENT & AGENCY PORTFOLIO OPEN-END FUND USD | CUSIP: 825252885<br>LEI: O37NHJVF7S22I1ONOU83 | Long             | STIV             | RF                | US        |   2388985 | NS      | $2388985.10   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic of Guatemala                          | Guatemala Government Bond                               | CUSIP: N/A<br>LEI: 529900QKDFFU9UWW5315       | Long             | DBT              | NUSS              | GT        |    900000 | PA      | $966600.00    | 0.70%             | 2037-02-06      | Fixed         | 6.55%                 | Yes           |                  2 | On Loan: —       |
| Republic of Colombia                           | Colombia Government Bond                                | CUSIP: 195325EG6<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |   1250000 | PA      | $1324937.50   | 0.96%             | 2034-02-02      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Petroleos de Venezuela SA                      | Petroleos de Venezuela SA                               | CUSIP: N/A<br>LEI: 549300YWR8TN1OFD4P06       | Long             | DBT              | NUSS              | VE        |   1000000 | PA      | $221000.00    | 0.16%             | 2026-11-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Dominican Republic                             | Dominican Republic Government Bond                      | CUSIP: N/A<br>LEI: 254900EHU7Q8FGVPI369       | Long             | DBT              | NUSS              | DO        |    744000 | PA      | $800246.40    | 0.58%             | 2031-02-03      | Fixed         | 7.05%                 | Yes           |                  2 | On Loan: No      |
| N/A                                            | Forward Foreign Currency Contract                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-7720.16     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Federative Republic of Brazil                  | Brazil Government Bond                                  | CUSIP: 105756CK4<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    855000 | PA      | $888772.50    | 0.64%             | 2032-01-22      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Republic of Ghana                              | Ghana Government Bond                                   | CUSIP: N/A<br>LEI: 213800PP4399SNNXZ126       | Long             | DBT              | NUSS              | GH        |   2682800 | PA      | $2308817.52   | 1.67%             | 2035-07-03      | Variable      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Kingdom of Bahrain                             | Bahrain Government Bond                                 | CUSIP: N/A<br>LEI: 549300RODM1WN85LFQ95       | Long             | DBT              | NUSS              | BH        |    500000 | PA      | $464822.82    | 0.34%             | 2051-01-25      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: —       |
| Republic of Ghana                              | Ghana Government Bond                                   | CUSIP: N/A<br>LEI: 213800PP4399SNNXZ126       | Long             | DBT              | NUSS              | GH        |     55551 | PA      | $47931.02     | 0.03%             | 2030-01-03      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| United Mexican States                          | Mexico Government Bond                                  | CUSIP: 91087BBF6<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   3000000 | PA      | $3168000.00   | 2.29%             | 2038-01-29      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Ukraine                                        | Ukraine Government Bond                                 | CUSIP: N/A<br>LEI: 6354001WLTJXOMEXPY07       | Long             | DBT              | NUSS              | UA        |    207673 | PA      | $116348.81    | 0.08%             | 2034-02-01      | Variable      | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Georgian Railway JSC                           | Georgian Railway JSC                                    | CUSIP: N/A<br>LEI: 2138005UZV4ZT2B2ZO19       | Long             | DBT              | CORP              | GE        |    800000 | PA      | $751618.06    | 0.54%             | 2028-06-17      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Federal Republic of Nigeria                    | Nigeria Government Bond                                 | CUSIP: N/A<br>LEI: 549300GSBZD84TNEQ285       | Long             | DBT              | NUSS              | NG        |   1250000 | PA      | $1245041.45   | 0.90%             | 2030-02-23      | Fixed         | 7.14%                 | Yes           |                  2 | On Loan: No      |
| Energo-Pro A/S                                 | Energo-Pro A/S                                          | CUSIP: N/A<br>LEI: 315700IQCL9IX158RO36       | Long             | DBT              | CORP              | CZ        |    312000 | PA      | $381067.81    | 0.28%             | 2030-05-27      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Republic of South Africa                       | South Africa Government Bond                            | CUSIP: N/A<br>LEI: 378900AAFB4F17004C49       | Long             | DBT              | NUSS              | ZA        |   1000000 | PA      | $1069325.90   | 0.77%             | 2054-11-19      | Fixed         | 7.95%                 | Yes           |                  2 | On Loan: No      |
| Democratic Socialist Republic of Sri Lanka     | Sri Lanka Government Bond                               | CUSIP: N/A<br>LEI: 254900IG6Y30I2QE2R92       | Long             | DBT              | NUSS              | LK        |    513856 | PA      | $474029.81    | 0.34%             | 2038-02-15      | Variable      | 3.60%                 | Yes           |                  2 | On Loan: No      |
| Papua New Guinea Government International Bond | Papua New Guinea Government Bond                        | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | PG        |    834000 | PA      | $860195.94    | 0.62%             | 2028-10-04      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Arab Republic of Egypt                         | Egypt Government Bond                                   | CUSIP: N/A<br>LEI: 529900GFIVH4086NMH82       | Long             | DBT              | NUSS              | EG        |   1000000 | PA      | $945427.86    | 0.68%             | 2050-05-29      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| Argentine Republic (The)                       | Argentina Government Bond                               | CUSIP: 040114HV5<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |   6500000 | PA      | $4221750.00   | 3.06%             | 2041-07-09      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Republic of Angola                             | Angola Government Bond                                  | CUSIP: N/A<br>LEI: 549300QHR2R3J8JSGK83       | Long             | DBT              | NUSS              | AO        |   1250000 | PA      | $1171840.99   | 0.85%             | 2032-04-14      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Republic of Panama                             | Panama Government Bond                                  | CUSIP: 698299BM5<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |   1000000 | PA      | $762500.00    | 0.55%             | 2056-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Lebanese Republic                              | Lebanon Government Bond                                 | CUSIP: N/A<br>LEI: 529900QPC4K9S1KHL354       | Long             | DBT              | NUSS              | LB        |   2000000 | PA      | $456600.00    | 0.33%             | 2028-11-03      | Fixed         | 6.65%                 | Yes           |                  2 | On Loan: No      |
| Dominican Republic                             | Dominican Republic Government Bond                      | CUSIP: N/A<br>LEI: 254900EHU7Q8FGVPI369       | Long             | DBT              | NUSS              | DO        |    500000 | PA      | $451050.00    | 0.33%             | 2060-01-30      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Suriname Government Bond                       | Suriname Government Bond                                | CUSIP: N/A<br>LEI: 254900SYU4G5JM13TN77       | Long             | DBT              | NUSS              | SR        |    200000 | PA      | $206000.00    | 0.15%             | 2035-11-06      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Republic of Angola                             | Angola Government Bond                                  | CUSIP: N/A<br>LEI: 549300QHR2R3J8JSGK83       | Long             | DBT              | NUSS              | AO        |    800000 | PA      | $671427.51    | 0.49%             | 2049-11-26      | Fixed         | 9.12%                 | Yes           |                  2 | On Loan: No      |
| Romania                                        | Romanian Government Bond                                | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |    500000 | PA      | $596381.08    | 0.43%             | 2031-03-22      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Romania                                        | Romanian Government Bond                                | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |    500000 | PA      | $599547.32    | 0.43%             | 2039-07-11      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Republic of Panama                             | Panama Government Bond                                  | CUSIP: 698299AW4<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    750000 | PA      | $803287.50    | 0.58%             | 2036-01-26      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| Zloty                                          | Zloty                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | PL        |       648 | OU      | $175.42       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Argentine Republic (The)                       | Argentina Government Bond                               | CUSIP: 040114HW3<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |   1670455 | PA      | $1145931.82   | 0.83%             | 2046-07-09      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| N/A                                            | U.S. Treasury Ultra Bonds                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -25 | NC      | $16338.25     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominican Republic                             | Dominican Republic Government Bond                      | CUSIP: N/A<br>LEI: 254900EHU7Q8FGVPI369       | Long             | DBT              | NUSS              | DO        |   1500000 | PA      | $1363200.00   | 0.99%             | 2041-01-21      | Fixed         | 5.30%                 | Yes           |                  2 | On Loan: No      |
| Republic of Azerbaijan                         | Azerbaijan Government Bond                              | CUSIP: N/A<br>LEI: 7890009G02BUL1M3LS88       | Long             | DBT              | NUSS              | AZ        |   1700000 | PA      | $1588407.90   | 1.15%             | 2032-09-01      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| Republic of Turkiye (The)                      | Turkey Government Bond                                  | CUSIP: 900123DQ0<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    750000 | PA      | $785075.65    | 0.57%             | 2032-05-29      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| EURO                                           | EURO                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | XX        |     64159 | OU      | $73952.34     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Kingdom of Saudi Arabia                        | Saudi Government Bond                                   | CUSIP: N/A<br>LEI: 635400FMICXSM3SI3H65       | Long             | DBT              | NUSS              | SA        |   2000000 | PA      | $1725211.66   | 1.25%             | 2033-02-02      | Fixed         | 2.25%                 | Yes           |                  2 | On Loan: No      |
| Ecopetrol SA                                   | Ecopetrol SA                                            | CUSIP: 279158AV1<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | NUSS              | CO        |    500000 | PA      | $518153.00    | 0.38%             | 2036-01-19      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| MFB Magyar Fejlesztesi Bank Zrt.               | MFB Magyar Fejlesztesi Bank Zrt.                        | CUSIP: N/A<br>LEI: 549300KCFVCFTUJZYT59       | Long             | DBT              | NUSS              | HU        |    450000 | PA      | $537108.39    | 0.39%             | 2030-06-27      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Republic of Costa Rica                         | Costa Rica Government Bond                              | CUSIP: N/A<br>LEI: 549300S1EK2VN6XVJP58       | Long             | DBT              | NUSS              | CR        |    848000 | PA      | $947640.00    | 0.69%             | 2054-11-13      | Fixed         | 7.30%                 | Yes           |                  2 | On Loan: No      |
| Hungary                                        | Hungary Government Bond                                 | CUSIP: 445545AF3<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |    750000 | PA      | $903794.36    | 0.65%             | 2041-03-29      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Federative Republic of Brazil                  | Brazil Government Bond                                  | CUSIP: 105756CN8<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |   2000000 | PA      | $2022700.00   | 1.46%             | 2056-01-12      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                           | Colombia Government Bond                                | CUSIP: 195325EP6<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |   1000000 | PA      | $1065260.00   | 0.77%             | 2036-11-07      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Dominican Republic                             | Dominican Republic Government Bond                      | CUSIP: N/A<br>LEI: 254900EHU7Q8FGVPI369       | Long             | DBT              | NUSS              | DO        |   2000000 | PA      | $1914100.00   | 1.39%             | 2032-09-23      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Kenya Government Bond                          | Kenya Government Bond                                   | CUSIP: N/A<br>LEI: 549300VVURQQYU45PR87       | Long             | DBT              | NUSS              | KE        |   1500000 | PA      | $1371715.56   | 0.99%             | 2048-02-28      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Republic of El Salvador                        | El Salvador Government Bond                             | CUSIP: N/A<br>LEI: 529900AKDMUSFSDOM949       | Long             | DBT              | NUSS              | SV        |    491000 | PA      | $509169.37    | 0.37%             | 2035-06-15      | Fixed         | 7.65%                 | Yes           |                  2 | On Loan: No      |
| Republic of South Africa                       | South Africa Government Bond                            | CUSIP: 836205AU8<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    900000 | PA      | $893247.20    | 0.65%             | 2028-10-12      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Czechoslovak Group A/S                         | Czechoslovak Group A/S                                  | CUSIP: N/A<br>LEI: 315700SWFD7G70AVG768       | Long             | DBT              | CORP              | CZ        |   1200000 | PA      | $1439695.05   | 1.04%             | 2031-01-10      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Ukraine                                        | Ukraine Government Bond                                 | CUSIP: N/A<br>LEI: 6354001WLTJXOMEXPY07       | Long             | DBT              | NUSS              | UA        |   2873536 | PA      | $1577863.88   | 1.14%             | 2036-02-01      | Variable      | 4.50%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-01

**Name of Applicant:** NEW YORK LIFE INVESTMENTS FUNDS

**Signature:** Jack Benintende

**Name of Signer:** Jack Benintende

**Title:** Treasurer