# EDGAR Filing Document

**Accession Number:** 0000906185
**File Stem:** 0001193125-26-081199
**Filing Date:** 2026-2
**Character Count:** 400370
**Document Hash:** 730d81bb0421f0c1806e6838df97c2e9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-081199.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0001193125-26-081199

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JANUS ASPEN SERIES
- **CENTRAL INDEX KEY:** 0000906185

**ORGANIZATION NAME:**
- **EIN:** 841235540
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07736
- **FILM NUMBER:** 26695635

**BUSINESS ADDRESS:**
- **STREET 1:** 151 DETROIT STREET
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80206
- **BUSINESS PHONE:** 3033333863

**MAIL ADDRESS:**
- **STREET 1:** 151 DETROIT STREET
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80206

## Series and Classes Contracts Data

### Janus Henderson Balanced Portfolio (Series ID: S000010394)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000028716 | Service Shares       |  |
| C000028717 | Institutional Shares | JABLX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** JANUS ASPEN SERIES

- **b. Investment Company Act file number:** 811-07736

- **c. CIK number of Registrant:** 0000906185

- **d. LEI of Registrant:** 5C1H794C69TI10A0XC04

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

  - **Street Address 1:** 151 DETROIT STREET

  - **City:** Denver

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80206

  - **Telephone number:** 303-333-3863

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

- **a. Name of Series:** Janus Henderson Balanced Portfolio

- **b. EDGAR series identifier (if any):** S000010394

- **c. LEI of Series:** D7E5UNC2PKDO953HWN12

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**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:** $9484815493.37

**Total Liabilities:** $58326992.22

**Net Assets:** $9426488501.15

**Delayed Delivery Securities:** $6901441.31

**Cash Not Reported:** $15246542.35

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -5675.432855942072 | **1-Year:** -124028.471779449600 | **5-Year:** -564479.945318542300 | **10-Year:** -668509.696840382200 | **30-Year:** -244883.774094372870

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

- **3-Month:** -1258.238883260724 | **1-Year:** -35058.264063041424 | **5-Year:** -80613.014573567550 | **10-Year:** -45409.847818299200 | **30-Year:** -3325.391069223638

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000028716 | 1.66%                | 0.15%                | -0.21%               |
| Class ID C000028717 | 1.68%                | 0.18%                | -0.19%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $114818948.00            | $29182095.00                               |
| Month 2  | $37283039.00             | $-36312543.00                              |
| Month 3  | $94699223.00             | $-121772438.00                             |

**Designated Index Information**

- **Index Name:** 60% SP 500 Composite/ 40% Bloomberg U.S. Aggregate

- **Index Identifier:** IX08BM

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| OASIS SECURITISATION 21-2A                                                                       | OASIS 2025-1A A                                                                                                                                        | CUSIP: 53161AAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5006000 | PA      | $5042815.63   | 0.05%             | 2039-08-15      | Fixed         | 6.36%                 | Yes           |                  2 | On Loan: No      |
| OASIS SECURITISATION 24-1A                                                                       | OASIS 2024-1A A                                                                                                                                        | CUSIP: 53161XAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1616000 | PA      | $1616636.22   | 0.02%             | 2038-09-30      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| New Economy Assets Phase 1 Issuer LLC                                                            | USRE 2021-1 B1                                                                                                                                         | CUSIP: 643821AB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2779000 | PA      | $1697598.28   | 0.02%             | 2061-10-20      | Fixed         | 2.41%                 | Yes           |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust 2018-2                                                       | NRZT 2018-2A A1                                                                                                                                        | CUSIP: 64828CAA7<br>LEI: 549300U1MV4J7YQZG974 | Long             | ABS-O            | CORP              | US        |    250069 | PA      | $248858.28    | 0.00%             | 2058-02-25      | Variable      | 4.50%                 | Yes           |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                                                              | NRMLT 2024-RTL2 A1                                                                                                                                     | CUSIP: 64831WAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3319000 | PA      | $3355750.29   | 0.04%             | 2039-09-25      | Variable      | 5.44%                 | Yes           |                  2 | On Loan: No      |
| New Residential Advance Recs Trust                                                               | NRZT 2024-NQM2 A1                                                                                                                                      | CUSIP: 64832BAC9<br>LEI: 5493008390ERUXVSGM12 | Long             | ABS-O            | CORP              | US        |   4535978 | PA      | $4548024.71   | 0.05%             | 2064-09-25      | Variable      | 5.12%                 | Yes           |                  2 | On Loan: No      |
| ONSLOW BAY FINANCIAL                                                                             | OBX 2022-INV1 A1                                                                                                                                       | CUSIP: 67115NAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1227158 | PA      | $1070526.41   | 0.01%             | 2051-12-25      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| ONSLOW BAY FINANCIAL                                                                             | OBX 2022-INV1 A18                                                                                                                                      | CUSIP: 67115NAU4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3247328 | PA      | $2809929.04   | 0.03%             | 2051-12-25      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| OAK STREET INVESTMENT                                                                            | OAKIG 2020-1A A1                                                                                                                                       | CUSIP: 67181DAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2940588 | PA      | $2704505.80   | 0.03%             | 2050-11-20      | Fixed         | 1.85%                 | Yes           |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                                                                       | OXY 8.875 07/15/30                                                                                                                                     | CUSIP: 674599EA9<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   3602000 | PA      | $4164999.80   | 0.04%             | 2030-07-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                                                                       | OXY 6.625 09/01/30                                                                                                                                     | CUSIP: 674599ED3<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   2536000 | PA      | $2730166.30   | 0.03%             | 2030-09-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                                                                       | OXY 6.125 01/01/31                                                                                                                                     | CUSIP: 674599EF8<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   4546000 | PA      | $4804790.14   | 0.05%             | 2031-01-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                                                     | Oracle Corp. COM USD0.01                                                                                                                               | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |    272468 | NS      | $53106737.88  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp.                                                                                     | ORCL 5.5 08/03/35                                                                                                                                      | CUSIP: 68389XDA0<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   2134000 | PA      | $2091069.13   | 0.02%             | 2035-08-03      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                                                     | ORCL 5.2 09/26/35                                                                                                                                      | CUSIP: 68389XDM4<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   6585000 | PA      | $6308961.67   | 0.07%             | 2035-09-26      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group Inc.                                                                | PNC Financial Services Group Inc. COM USD5                                                                                                             | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |    222490 | NS      | $46440337.70  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group Inc.                                                                | PNC V6.875 10/20/34                                                                                                                                    | CUSIP: 693475BU8<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   7688000 | PA      | $8699948.15   | 0.09%             | 2034-10-20      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group Inc.                                                                | PNC V5.401 07/23/35                                                                                                                                    | CUSIP: 693475BZ7<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   8376000 | PA      | $8663738.63   | 0.09%             | 2035-07-23      | Variable      | 5.40%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group Inc.                                                                | PNC V5.222 01/29/31                                                                                                                                    | CUSIP: 693475CB9<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   2562000 | PA      | $2650843.37   | 0.03%             | 2031-01-29      | Variable      | 5.22%                 | No            |                  2 | On Loan: No      |
| PRPM 2025-RCF3 LLC                                                                               | PRPM 2025-RCF4 A1                                                                                                                                      | CUSIP: 69382WAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2973652 | PA      | $2942510.86   | 0.03%             | 2055-08-25      | Variable      | 4.50%                 | Yes           |                  2 | On Loan: No      |
| BAMLL RE-REMIC TRUST 2024-FRR2                                                                   | BAMLL 2024-FRR2 E                                                                                                                                      | CUSIP: 05493UAJ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2374000 | PA      | $2057479.33   | 0.02%             | 2050-07-27      | Variable      | 1.27%                 | Yes           |                  2 | On Loan: No      |
| Banc Of America Alternative Loan Trust                                                           | BAMLL 2024-FRR4 E                                                                                                                                      | CUSIP: 05493VAJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    760000 | PA      | $756019.35    | 0.01%             | 2048-11-27      | Variable      | 0.01%                 | Yes           |                  2 | On Loan: No      |
| Pret 2021-Rn4 LLC                                                                                | PRET 2025-RPL1 A1                                                                                                                                      | CUSIP: 69392FAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4154064 | PA      | $4028051.44   | 0.04%             | 2069-07-25      | Variable      | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Pret 2021-Rn4 LLC                                                                                | PRET 2025-RPL2 A1                                                                                                                                      | CUSIP: 69392LAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4503929 | PA      | $4441068.77   | 0.05%             | 2064-08-25      | Variable      | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Banc Of America Alternative Loan Trust                                                           | BAMLL 2024-FRR4 F                                                                                                                                      | CUSIP: 05493VAL8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1496397 | PA      | $1487484.49   | 0.02%             | 2048-11-27      | Variable      | 0.01%                 | Yes           |                  2 | On Loan: No      |
| Banc Of America Alternative Loan Trust                                                           | BAMLL 2024-FRR3 E                                                                                                                                      | CUSIP: 054988AJ9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3322516 | PA      | $3038187.04   | 0.03%             | 2050-01-27      | Variable      | 0.49%                 | Yes           |                  2 | On Loan: No      |
| PRET 2025-RPL5 TRUST                                                                             | PRET 2025-RPL5 A1                                                                                                                                      | CUSIP: 69393AAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7387384 | PA      | $7256575.30   | 0.08%             | 2070-01-25      | Variable      | 4.15%                 | Yes           |                  2 | On Loan: No      |
| PRPM 2024-RCF2 LLC                                                                               | PRPM 2024-RCF2 A1                                                                                                                                      | CUSIP: 693987AA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1685691 | PA      | $1664490.44   | 0.02%             | 2054-03-25      | Variable      | 3.75%                 | Yes           |                  2 | On Loan: No      |
| Philip Morris International Inc.                                                                 | Philip Morris International Inc. COM NPV                                                                                                               | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |    565809 | NS      | $90755763.60  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| The Progressive Corporation                                                                      | The Progressive Corporation COM USD1.00                                                                                                                | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |    442970 | NS      | $100873128.40 | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| BPR TRUST 2024-PMDW                                                                              | BPR 2024-PMDW A                                                                                                                                        | CUSIP: 05592VAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9912470 | PA      | $10140014.40  | 0.11%             | 2041-11-05      | Variable      | 5.36%                 | Yes           |                  2 | On Loan: No      |
| BPR TRUST 2024-PMDW                                                                              | BPR 2024-PMDW D                                                                                                                                        | CUSIP: 05592VAJ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3827000 | PA      | $3818737.95   | 0.04%             | 2041-11-05      | Variable      | 5.85%                 | Yes           |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust 2024-R04                                                     | CAS 2024-R04 1M1                                                                                                                                       | CUSIP: 20753GAB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1137485 | PA      | $1137268.72   | 0.01%             | 2044-05-25      | Variable      | 4.97%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | CAS 2021-R03 1M1                                                                                                                                       | CUSIP: 20754AAA1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    166717 | PA      | $166727.43    | 0.00%             | 2041-12-25      | Variable      | 4.72%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | CAS 2021-R03 1M2                                                                                                                                       | CUSIP: 20754AAB9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2911938 | PA      | $2925134.75   | 0.03%             | 2041-12-25      | Variable      | 5.52%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | CAS 2022-R02 2M2                                                                                                                                       | CUSIP: 20754BAB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4661000 | PA      | $4745341.47   | 0.05%             | 2042-01-27      | Variable      | 6.87%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | CAS 2022-R05 2M1                                                                                                                                       | CUSIP: 20754DAA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    507891 | PA      | $508305.63    | 0.01%             | 2042-04-25      | Variable      | 5.77%                 | Yes           |                  2 | On Loan: No      |
| BX Trust 2025-Roic                                                                               | BX 2025-ROIC A                                                                                                                                         | CUSIP: 05593VAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10987148 | PA      | $10968935.01  | 0.12%             | 2030-03-15      | Variable      | 4.89%                 | Yes           |                  2 | On Loan: No      |
| BX Trust 2025-Roic                                                                               | BX 2025-ROIC B                                                                                                                                         | CUSIP: 05593VAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2404622 | PA      | $2393987.45   | 0.03%             | 2030-03-15      | Variable      | 5.14%                 | Yes           |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                                                               | BX 2019-OC11 B                                                                                                                                         | CUSIP: 05606FAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    804000 | PA      | $761320.30    | 0.01%             | 2041-12-09      | Fixed         | 3.60%                 | Yes           |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                                                               | BX 2019-OC11 C                                                                                                                                         | CUSIP: 05606FAJ2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2229000 | PA      | $2111608.15   | 0.02%             | 2041-12-09      | Fixed         | 3.86%                 | Yes           |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                                                              | CAS 2021-R01 1M2                                                                                                                                       | CUSIP: 20754RAB2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    257913 | PA      | $258248.97    | 0.00%             | 2041-10-25      | Variable      | 5.42%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | CAS 2024-R05 2M1                                                                                                                                       | CUSIP: 20754XAB9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    488354 | PA      | $488151.80    | 0.01%             | 2044-07-25      | Variable      | 4.87%                 | Yes           |                  2 | On Loan: No      |
| BXP Trust 2017-CC                                                                                | BXP 2017-GM A                                                                                                                                          | CUSIP: 056083AA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1140000 | PA      | $1119752.69   | 0.01%             | 2039-06-13      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                                                               | BX 2021-LBA AV                                                                                                                                         | CUSIP: 05609BAV1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6853553 | PA      | $6838349.42   | 0.07%             | 2036-02-15      | Variable      | 4.67%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | CAS 2023-R08 1M1                                                                                                                                       | CUSIP: 20755CAA6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1522924 | PA      | $1524974.43   | 0.02%             | 2043-10-26      | Variable      | 5.37%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | CAS 2024-R03 2M1                                                                                                                                       | CUSIP: 207941AA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1044312 | PA      | $1045115.48   | 0.01%             | 2044-03-25      | Variable      | 5.02%                 | Yes           |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                                                               | BX 2021-LBA AJV                                                                                                                                        | CUSIP: 05609BCD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5213000 | PA      | $5203451.51   | 0.06%             | 2036-02-15      | Variable      | 4.67%                 | Yes           |                  2 | On Loan: No      |
| BXHPP LTD                                                                                        | BXHPP 2021-FILM A                                                                                                                                      | CUSIP: 05609JAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2066000 | PA      | $1995467.09   | 0.02%             | 2036-08-15      | Variable      | 4.51%                 | Yes           |                  2 | On Loan: No      |
| BPR TST                                                                                          | BPR 2023-BRK2 A                                                                                                                                        | CUSIP: 05610WAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7145000 | PA      | $7458379.27   | 0.08%             | 2038-10-05      | Variable      | 6.90%                 | Yes           |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                                                               | BX 2024-BRBK A                                                                                                                                         | CUSIP: 05613NAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10411568 | PA      | $10459095.33  | 0.11%             | 2041-10-15      | Variable      | 6.61%                 | Yes           |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                                                               | BX 2024-AIR2 A                                                                                                                                         | CUSIP: 05613QAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9099742 | PA      | $9108467.85   | 0.10%             | 2041-10-15      | Variable      | 5.24%                 | Yes           |                  2 | On Loan: No      |
| Bx Commercial Mortgage Trust 2018-Bioa                                                           | BX 2025-DIME A                                                                                                                                         | CUSIP: 05613UAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8630000 | PA      | $8601469.96   | 0.09%             | 2035-02-15      | Variable      | 4.90%                 | Yes           |                  2 | On Loan: No      |
| BX TRUST 2025-ARIA                                                                               | BX 2025-ARIA A                                                                                                                                         | CUSIP: 05619TAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10344000 | PA      | $10408212.91  | 0.11%             | 2042-12-13      | Variable      | 5.03%                 | Yes           |                  2 | On Loan: No      |
| BAYVIEW MSR OPPORTUNITY MASTER FUND                                                              | BVINV 2021-5 AF                                                                                                                                        | CUSIP: 07336JAX6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3702840 | PA      | $3445252.02   | 0.04%             | 2051-11-25      | Variable      | 4.72%                 | Yes           |                  2 | On Loan: No      |
| BAYVIEW MSR OPPORTUNITY MASTER FUND                                                              | BVINV 2022-2 A1                                                                                                                                        | CUSIP: 07336NAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2922382 | PA      | $2548030.52   | 0.03%             | 2051-12-25      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| BAYVIEW OPPORTUNITY MASTER FUND VII                                                              | BVCLN 2025-EDU1 B                                                                                                                                      | CUSIP: 07337GAB9<br>LEI: 2549001VJ64UFK8PZA41 | Long             | ABS-O            | CORP              | US        |   2083936 | PA      | $2081112.40   | 0.02%             | 2048-07-27      | Variable      | 5.57%                 | Yes           |                  2 | On Loan: No      |
| Belron                                                                                           | Belron Term Loan B 250 2031-10-01                                                                                                                      | CUSIP: 08078UAN3<br>LEI: 9845006BC9D1A77B8178 | Long             | LON              | CORP              | US        |   4431324 | PA      | $4453480.54   | 0.05%             | 2031-10-16      | Floating      | 6.12%                 | No            |                  2 | On Loan: No      |
| Booking Holdings Inc                                                                             | Booking Holdings Inc COM USD0.008                                                                                                                      | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |     17131 | NS      | $91742158.23  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Booz Allen Hamilton Inc                                                                          | BAH 5.95 08/04/33                                                                                                                                      | CUSIP: 09951LAC7<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |   7687000 | PA      | $8007790.89   | 0.08%             | 2033-08-04      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Booz Allen Hamilton Inc                                                                          | BAH 5.95 04/15/35                                                                                                                                      | CUSIP: 09951LAD5<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |  11859000 | PA      | $12286943.99  | 0.13%             | 2035-04-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: —       |
| Broadcom Inc                                                                                     | Broadcom Inc COM USD0.001                                                                                                                              | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    643047 | NS      | $222558566.70 | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown & Brown Inc                                                                                | BRO 4.9 06/23/30                                                                                                                                       | CUSIP: 115236AK7<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |   2159000 | PA      | $2188858.00   | 0.02%             | 2030-06-23      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Brown & Brown Inc                                                                                | BRO 5.25 06/23/32                                                                                                                                      | CUSIP: 115236AL5<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |    949000 | PA      | $970476.26    | 0.01%             | 2032-06-23      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                                                               | BX 2024-GPA3 A                                                                                                                                         | CUSIP: 123910AA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4858368 | PA      | $4856525.49   | 0.05%             | 2039-12-15      | Variable      | 5.04%                 | Yes           |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                                                               | BX 2024-GPA3 B                                                                                                                                         | CUSIP: 123910AC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3359930 | PA      | $3360377.99   | 0.04%             | 2039-12-15      | Variable      | 5.39%                 | Yes           |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                                                               | BX 2025-VLT7 A                                                                                                                                         | CUSIP: 123913AA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  16788000 | PA      | $16790853.05  | 0.18%             | 2044-07-15      | Variable      | 5.45%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZK9009                                                                                                                                              | CUSIP: 3131XDAJ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    192096 | PA      | $187650.86    | 0.00%             | 2032-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BF0130                                                                                                                                              | CUSIP: 3140FXEC2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2320902 | PA      | $2144774.16   | 0.02%             | 2056-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BF0189                                                                                                                                              | CUSIP: 3140FXF72<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     43236 | PA      | $37613.20     | 0.00%             | 2057-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BF0167                                                                                                                                              | CUSIP: 3140FXFH0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2331759 | PA      | $2035059.06   | 0.02%             | 2057-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BX COML MTG TR 2024-AIRC                                                                         | BX 2024-AIRC C                                                                                                                                         | CUSIP: 12433CAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3769122 | PA      | $3773571.93   | 0.04%             | 2041-08-15      | Variable      | 6.34%                 | Yes           |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                                                               | BX 2025-SPOT A                                                                                                                                         | CUSIP: 12433FAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3989225 | PA      | $3991525.16   | 0.04%             | 2040-04-16      | Variable      | 5.19%                 | Yes           |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                                                               | BX 2025-GW A                                                                                                                                           | CUSIP: 12433GAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7965000 | PA      | $7970865.19   | 0.08%             | 2042-07-15      | Variable      | 5.35%                 | Yes           |                  2 | On Loan: No      |
| CF HIPPOLYTA ISSUER LLC                                                                          | SORT 2020-1 A1                                                                                                                                         | CUSIP: 12530MAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2986126 | PA      | $2514538.27   | 0.03%             | 2060-07-15      | Fixed         | 1.69%                 | Yes           |                  2 | On Loan: No      |
| CF HIPPOLYTA ISSUER LLC                                                                          | SORT 2020-1 B1                                                                                                                                         | CUSIP: 12530MAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    305814 | PA      | $190035.62    | 0.00%             | 2060-07-15      | Fixed         | 2.28%                 | Yes           |                  2 | On Loan: No      |
| Capital One Financial Corp.                                                                      | COF V7.624 10/30/31 .                                                                                                                                  | CUSIP: 14040HDC6<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   6330000 | PA      | $7153823.36   | 0.08%             | 2031-10-30      | Variable      | 7.62%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                                                                      | COF V5.884 07/26/35                                                                                                                                    | CUSIP: 14040HDH5<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   8321000 | PA      | $8757903.51   | 0.09%             | 2035-07-26      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                                                                      | COF V6.183 01/30/36                                                                                                                                    | CUSIP: 14040HDJ1<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   6214000 | PA      | $6486687.97   | 0.07%             | 2036-01-30      | Variable      | 6.18%                 | No            |                  2 | On Loan: No      |
| Centene Corp.                                                                                    | CNC 4.25 12/15/27                                                                                                                                      | CUSIP: 15135BAR2<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |  16441000 | PA      | $16344201.48  | 0.17%             | 2027-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CONE 2024-DWF1                                                                                   | CONE 2024-DFW1 A                                                                                                                                       | CUSIP: 20682AAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5952000 | PA      | $5941998.08   | 0.06%             | 2041-08-15      | Variable      | 5.39%                 | Yes           |                  2 | On Loan: No      |
| CONE 2024-DWF1                                                                                   | CONE 2024-DFW1 B                                                                                                                                       | CUSIP: 20682AAG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4376181 | PA      | $4370826.49   | 0.05%             | 2041-08-15      | Variable      | 6.04%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV2962                                                                                                                                              | CUSIP: 3140MGJG7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    202535 | PA      | $174304.14    | 0.00%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV2965                                                                                                                                              | CUSIP: 3140MGJK8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    484644 | PA      | $416429.20    | 0.00%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV4144                                                                                                                                              | CUSIP: 3140MHTA7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3004268 | PA      | $2691772.23   | 0.03%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BF0598                                                                                                                                              | CUSIP: 3140FXUY6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5618911 | PA      | $4706989.87   | 0.05%             | 2062-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BF0619                                                                                                                                              | CUSIP: 3140FXVM1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  17772032 | PA      | $14631290.76  | 0.16%             | 2062-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV4203                                                                                                                                              | CUSIP: 3140MHU56<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    400463 | PA      | $375946.75    | 0.00%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV5379                                                                                                                                              | CUSIP: 3140MJ6R1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2650533 | PA      | $2382088.48   | 0.03%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BH1902                                                                                                                                              | CUSIP: 3140GQDG8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     71329 | PA      | $67495.15     | 0.00%             | 2047-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BJ4559                                                                                                                                              | CUSIP: 3140H6B57<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    483614 | PA      | $456092.74    | 0.00%             | 2048-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Priority 1 Issuer Logistics DAC                                                                  | PRPM 2025-RPL4 A1                                                                                                                                      | CUSIP: 74448NAA2<br>LEI: 635400FLODFXG5M9HI42 | Long             | ABS-O            | CORP              | US        |   5861226 | PA      | $5531531.96   | 0.06%             | 2055-05-25      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| Qnity Electronics                                                                                | Qnity Electronics Term Loan B 200 2032-08-03                                                                                                           | CUSIP: 74737SAB9<br>LEI: 254900RSUG4J9TFFZX53 | Long             | LON              | CORP              | US        |   2735000 | PA      | $2745256.25   | 0.03%             | 2032-11-01      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BJ4566                                                                                                                                              | CUSIP: 3140H6CC1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1848004 | PA      | $1796023.95   | 0.02%             | 2048-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BK2913                                                                                                                                              | CUSIP: 3140HGGX9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    500897 | PA      | $434956.52    | 0.00%             | 2050-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BK3211                                                                                                                                              | CUSIP: 3140HGR90<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     22998 | PA      | $22827.12     | 0.00%             | 2048-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BM3282                                                                                                                                              | CUSIP: 3140J7UG8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     52343 | PA      | $49529.39     | 0.00%             | 2047-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| WOODWARD CAPITAL MANAGEMENT                                                                      | RCKT 2021-3 A21                                                                                                                                        | CUSIP: 74938DAW3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2367427 | PA      | $2197572.53   | 0.02%             | 2051-07-25      | Variable      | 4.67%                 | Yes           |                  2 | On Loan: No      |
| Rocket Companies Inc                                                                             | RKT 6.125 08/01/30 144A                                                                                                                                | CUSIP: 77311WAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3459000 | PA      | $3575496.15   | 0.04%             | 2030-08-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV5380                                                                                                                                              | CUSIP: 3140MJ6S9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2250358 | PA      | $2016027.81   | 0.02%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV5393                                                                                                                                              | CUSIP: 3140MJ7F6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1144436 | PA      | $1074290.66   | 0.01%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BM3912                                                                                                                                              | CUSIP: 3140J8K28<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1046687 | PA      | $956318.24    | 0.01%             | 2047-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BM7069                                                                                                                                              | CUSIP: 3140JB2B1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4007976 | PA      | $3890317.43   | 0.04%             | 2050-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BN0012                                                                                                                                              | CUSIP: 3140JGAN5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     12684 | PA      | $12589.40     | 0.00%             | 2048-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BN3899                                                                                                                                              | CUSIP: 3140JLKM5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    221162 | PA      | $212997.07    | 0.00%             | 2048-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BO2983                                                                                                                                              | CUSIP: 3140JXJ58<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    146684 | PA      | $133285.34    | 0.00%             | 2049-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BO3223                                                                                                                                              | CUSIP: 3140JXSM1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    139032 | PA      | $135138.95    | 0.00%             | 2034-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV5394                                                                                                                                              | CUSIP: 3140MJ7G4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2096350 | PA      | $1965335.34   | 0.02%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV5152                                                                                                                                              | CUSIP: 3140MJWN1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    461259 | PA      | $396838.04    | 0.00%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BO4725                                                                                                                                              | CUSIP: 3140K0HB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    142540 | PA      | $136506.51    | 0.00%             | 2034-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BO5957                                                                                                                                              | CUSIP: 3140K1TP1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     85017 | PA      | $82526.88     | 0.00%             | 2034-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BO7717                                                                                                                                              | CUSIP: 3140K3SF0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     66048 | PA      | $64257.89     | 0.00%             | 2034-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BT2256                                                                                                                                              | CUSIP: 3140LQQJ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    606567 | PA      | $521003.82    | 0.01%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BT8021                                                                                                                                              | CUSIP: 3140LW4F1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1075321 | PA      | $1087753.99   | 0.01%             | 2053-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV2802                                                                                                                                              | CUSIP: 3140MGDG3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1479974 | PA      | $1324118.91   | 0.01%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB4320                                                                                                                                              | CUSIP: 3140QPYS0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    738207 | PA      | $692344.18    | 0.01%             | 2052-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB7112                                                                                                                                              | CUSIP: 3140QS3W9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   7373032 | PA      | $7616977.09   | 0.08%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Blue Owl Credit Income Corp.                                                                     | OCINCC 4.7 02/08/27 *                                                                                                                                  | CUSIP: 69120VAF8<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |    877000 | PA      | $873549.54    | 0.01%             | 2027-02-08      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| UPG HI ISSUER TRUST 2025-2                                                                       | UPGHI 2025-2 A                                                                                                                                         | CUSIP: 90321EAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2511000 | PA      | $2519169.63   | 0.03%             | 2047-09-25      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Rocket Companies Inc                                                                             | RKT 6.375 08/01/33 144A                                                                                                                                | CUSIP: 77311WAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  14496000 | PA      | $15113805.02  | 0.16%             | 2033-08-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| SCG Commercial Mortgage Trust 2025-DLFN                                                          | SCG 2025-DLFN A                                                                                                                                        | CUSIP: 78398EAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10048000 | PA      | $9994889.64   | 0.11%             | 2035-03-15      | Variable      | 4.95%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB6686                                                                                                                                              | CUSIP: 3140QSNC1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1948960 | PA      | $1929150.38   | 0.02%             | 2053-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB6851                                                                                                                                              | CUSIP: 3140QSTH4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1692147 | PA      | $1674860.58   | 0.02%             | 2053-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FM5076                                                                                                                                              | CUSIP: 3140X8UA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    520882 | PA      | $499155.07    | 0.01%             | 2050-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS0359                                                                                                                                              | CUSIP: 3140XFMH1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3275820 | PA      | $2820337.14   | 0.03%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS0662                                                                                                                                              | CUSIP: 3140XFWY3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  15973562 | PA      | $13742638.94  | 0.15%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS1081                                                                                                                                              | CUSIP: 3140XGFX2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6587848 | PA      | $5660596.04   | 0.06%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS1184                                                                                                                                              | CUSIP: 3140XGJ67<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2955631 | PA      | $2776601.65   | 0.03%             | 2052-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS1301                                                                                                                                              | CUSIP: 3140XGNT2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1151668 | PA      | $1072900.93   | 0.01%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corporation                                                                        | Union Pacific Corporation COM USD2.50                                                                                                                  | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |    195552 | NS      | $45235088.64  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. Bancorp.                                                                                    | USB V2.491 11/03/36                                                                                                                                    | CUSIP: 91159HJB7<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |   6449000 | PA      | $5628499.79   | 0.06%             | 2036-11-03      | Variable      | 2.49%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS1869                                                                                                                                              | CUSIP: 3140XHCF2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1688342 | PA      | $1583972.13   | 0.02%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS2144                                                                                                                                              | CUSIP: 3140XHL21<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4245485 | PA      | $3987343.68   | 0.04%             | 2052-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS2546                                                                                                                                              | CUSIP: 3140XHZL4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    120379 | PA      | $115934.50    | 0.00%             | 2051-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS2713                                                                                                                                              | CUSIP: 3140XJAP8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3039944 | PA      | $3017308.42   | 0.03%             | 2050-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| U.S. Bancorp.                                                                                    | USB V5.384 01/23/30                                                                                                                                    | CUSIP: 91159HJQ4<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |   6844000 | PA      | $7088237.72   | 0.08%             | 2030-01-23      | Variable      | 5.38%                 | No            |                  2 | On Loan: No      |
| Bain Capital Credit CLO 2024-1 Ltd/ LLC                                                          | BCC 2023-3A A1R                                                                                                                                        | CUSIP: 05682CAL1<br>LEI: 254900QJNS3TYDIDQH27 | Long             | ABS-CBDO         | CORP              | KY        |   7772000 | PA      | $7791696.58   | 0.08%             | 2038-10-25      | Variable      | 5.18%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS3160                                                                                                                                              | CUSIP: 3140XJQN6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1511593 | PA      | $1352055.93   | 0.01%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS3377                                                                                                                                              | CUSIP: 3140XJXF5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2769908 | PA      | $2667651.24   | 0.03%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2024-VLT4                                                                               | BX 2024-VLT4 A                                                                                                                                         | CUSIP: 05612TAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8689450 | PA      | $8677173.01   | 0.09%             | 2041-06-17      | Variable      | 5.24%                 | Yes           |                  2 | On Loan: No      |
| BX COML MTG TR 2024-VLT5                                                                         | BX 2024-VLT5 A                                                                                                                                         | CUSIP: 05614JAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  11808000 | PA      | $11940013.27  | 0.13%             | 2046-11-13      | Variable      | 5.41%                 | Yes           |                  2 | On Loan: No      |
| Ballyrock Clo 2018-1 Ltd/ Llc                                                                    | BALLY 2020-14A A1BR                                                                                                                                    | CUSIP: 05874XAN9<br>LEI: 254900GXTF670X967J67 | Long             | ABS-CBDO         | CORP              | KY        |   1845969 | PA      | $1852520.53   | 0.02%             | 2037-07-20      | Variable      | 5.46%                 | Yes           |                  2 | On Loan: No      |
| BARINGS LN PARTNERS CLO LTD 5                                                                    | BABSN LP-5A A                                                                                                                                          | CUSIP: 06764CAA4<br>LEI: 2549006Y8VRIV10TBW72 | Long             | ABS-CBDO         | CORP              | KY        |   8736327 | PA      | $8739334.92   | 0.09%             | 2035-01-22      | Variable      | 5.10%                 | Yes           |                  2 | On Loan: No      |
| Cbam 2018-8 Ltd                                                                                  | CBAMR 2018-5A A1R                                                                                                                                      | CUSIP: 12516LAC9<br>LEI: 254900YSCN4KH02DQ033 | Long             | ABS-CBDO         | CORP              | KY        |   5299000 | PA      | $5312378.39   | 0.06%             | 2038-10-18      | Variable      | 5.45%                 | Yes           |                  2 | On Loan: No      |
| Carnival Corporation                                                                             | CCL 5.75 08/01/32 144A                                                                                                                                 | CUSIP: 143658CA8<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |   7105000 | PA      | $7291726.36   | 0.08%             | 2032-08-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS3713                                                                                                                                              | CUSIP: 3140XKDT4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   8852933 | PA      | $8437936.33   | 0.09%             | 2036-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS5339                                                                                                                                              | CUSIP: 3140XL4Z8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3931811 | PA      | $3517296.61   | 0.04%             | 2052-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS5362                                                                                                                                              | CUSIP: 3140XL5Y0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4073507 | PA      | $4043176.37   | 0.04%             | 2050-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS5130                                                                                                                                              | CUSIP: 3140XLVY1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  15648886 | PA      | $13470498.80  | 0.14%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS5491                                                                                                                                              | CUSIP: 3140XMC53<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6522542 | PA      | $5834138.47   | 0.06%             | 2052-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS5988                                                                                                                                              | CUSIP: 3140XMUN4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6583568 | PA      | $5656903.61   | 0.06%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BX COML MTG TR 2024-VLT5                                                                         | BX 2024-VLT5 B                                                                                                                                         | CUSIP: 05614JAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2774000 | PA      | $2820733.87   | 0.03%             | 2046-11-13      | Variable      | 5.80%                 | Yes           |                  2 | On Loan: No      |
| BX COML MTG TR 2024-VLT5                                                                         | BX 2024-VLT5 C                                                                                                                                         | CUSIP: 05614JAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1468000 | PA      | $1498171.00   | 0.02%             | 2046-11-13      | Variable      | 6.19%                 | Yes           |                  2 | On Loan: No      |
| CACI International Inc.                                                                          | CACI 6.375 06/15/33 144A                                                                                                                               | CUSIP: 127190AE6<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | DBT              | CORP              | US        |   2923000 | PA      | $3024365.78   | 0.03%             | 2033-06-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Cadence Design Systems, Inc.                                                                     | Cadence Design Systems, Inc. COM USD0.01                                                                                                               | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |    133094 | NS      | $41602522.52  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| SCF EQUIPMENT LEASING 2025-2 LLC                                                                 | SCFET 2025-2A A2                                                                                                                                       | CUSIP: 78439XAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2117000 | PA      | $2122548.83   | 0.02%             | 2031-12-22      | Fixed         | 4.26%                 | Yes           |                  2 | On Loan: No      |
| OCP CLO 2014-6 Ltd.                                                                              | OCP 2025-44A A                                                                                                                                         | CUSIP: 67570UAA0<br>LEI: 2549001TBA76KDJQIQ68 | Long             | ABS-CBDO         | CORP              | KY        |   4302000 | PA      | $4313867.93   | 0.05%             | 2038-10-25      | Variable      | 5.56%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS6926                                                                                                                                              | CUSIP: 3140XNVU5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  16877773 | PA      | $14517148.17  | 0.15%             | 2052-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN 995757                                                                                                                                              | CUSIP: 31416CE69<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     39408 | PA      | $41746.02     | 0.00%             | 2037-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN AB7563                                                                                                                                              | CUSIP: 31417EMM0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    144442 | PA      | $133607.18    | 0.00%             | 2043-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks                                                                          | FN MA1363                                                                                                                                              | CUSIP: 31418AQR2<br>LEI: 2549001DPIFGXC1TOL40 | Long             | ABS-MBS          | USGSE             | US        |     31847 | PA      | $29368.13     | 0.00%             | 2043-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Octagon Investment Partners XXIV Ltd.                                                            | OCT42 2019-3A A2RR                                                                                                                                     | CUSIP: 67576PBA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    900034 | PA      | $902001.83    | 0.01%             | 2037-07-15      | Variable      | 5.46%                 | Yes           |                  2 | On Loan: No      |
| Royal Caribbean Group                                                                            | Royal Caribbean Group COM USD0.01                                                                                                                      | CUSIP: V7780T103<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | EC               | CORP              | US        |    253314 | NS      | $70654340.88  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN MA3521                                                                                                                                              | CUSIP: 31418C4F8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1489322 | PA      | $1434340.80   | 0.02%             | 2048-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FN MA4378                                                                                                                                              | CUSIP: 31418D2L5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  18544276 | PA      | $15120983.17  | 0.16%             | 2051-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | CAS 2025-R05 2M1                                                                                                                                       | CUSIP: 20753CAB6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3140921 | PA      | $3142718.68   | 0.03%             | 2045-07-25      | Variable      | 5.07%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | CAS 2024-R01 1M1                                                                                                                                       | CUSIP: 20753UAA8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1683305 | PA      | $1682439.51   | 0.02%             | 2044-01-25      | Variable      | 4.92%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FN MA3774                                                                                                                                              | CUSIP: 31418DFQ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3823924 | PA      | $3431086.48   | 0.04%             | 2049-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FN MA3908                                                                                                                                              | CUSIP: 31418DKW1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    186106 | PA      | $184575.79    | 0.00%             | 2050-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust 2025-R03                                                     | CAS 2025-R02 1M1                                                                                                                                       | CUSIP: 20754TAC6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1773373 | PA      | $1772828.11   | 0.02%             | 2045-02-27      | Variable      | 5.02%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | CAS 2025-R01 1M1                                                                                                                                       | CUSIP: 20755JAB9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1041342 | PA      | $1041762.23   | 0.01%             | 2045-01-25      | Variable      | 4.97%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FN MA4079                                                                                                                                              | CUSIP: 31418DQ96<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1993061 | PA      | $1783391.79   | 0.02%             | 2050-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2022-DNA7                                                          | STACR 2023-HQA2 M1A                                                                                                                                    | CUSIP: 35564K2F5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    112423 | PA      | $112714.20    | 0.00%             | 2043-06-25      | Variable      | 5.87%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2022-DNA7                                                          | STACR 2023-HQA3 M1                                                                                                                                     | CUSIP: 35564K3G2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1667794 | PA      | $1673460.19   | 0.02%             | 2043-11-25      | Variable      | 5.72%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2022-DNA7                                                          | STACR 2022-DNA6 M2                                                                                                                                     | CUSIP: 35564KH77<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1248097 | PA      | $1343302.35   | 0.01%             | 2042-09-25      | Variable      | 9.62%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2022-DNA7                                                          | STACR 2021-HQA3 M2                                                                                                                                     | CUSIP: 35564KJP5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1806722 | PA      | $1821615.93   | 0.02%             | 2041-09-25      | Variable      | 5.97%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2022-DNA7                                                          | STACR 2021-HQA4 M2                                                                                                                                     | CUSIP: 35564KNS4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4424204 | PA      | $4481281.35   | 0.05%             | 2041-12-25      | Variable      | 6.22%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZT0534                                                                                                                                              | CUSIP: 3132ACSX9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1272715 | PA      | $1200032.20   | 0.01%             | 2047-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZT1257                                                                                                                                              | CUSIP: 3132ADME5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     95227 | PA      | $87836.16     | 0.00%             | 2046-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2022-DNA7                                                          | STACR 2022-DNA2 M1A                                                                                                                                    | CUSIP: 35564KRE1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    319338 | PA      | $319478.25    | 0.00%             | 2042-02-25      | Variable      | 5.17%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2022-DNA7                                                          | STACR 2022-DNA2 M2                                                                                                                                     | CUSIP: 35564KRN1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    846364 | PA      | $872139.73    | 0.01%             | 2042-02-25      | Variable      | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2022-DNA7                                                          | STACR 2023-DNA2 M1A                                                                                                                                    | CUSIP: 35564KT58<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1244359 | PA      | $1257978.46   | 0.01%             | 2043-04-27      | Variable      | 5.97%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2022-DNA7                                                          | STACR 2022-HQA1 M1A                                                                                                                                    | CUSIP: 35564KTA7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1341894 | PA      | $1344624.64   | 0.01%             | 2042-03-25      | Variable      | 5.97%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                                    | STACR 2024-DNA2 M1                                                                                                                                     | CUSIP: 35564NCX9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2866290 | PA      | $2867936.03   | 0.03%             | 2044-05-25      | Variable      | 5.07%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                                    | STACR 2024-DNA3 M1                                                                                                                                     | CUSIP: 35564NEZ2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     19508 | PA      | $19507.87     | 0.00%             | 2044-10-25      | Variable      | 4.87%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                                    | STACR 2025-DNA1 M1                                                                                                                                     | CUSIP: 35564NFZ1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1968003 | PA      | $1967519.79   | 0.02%             | 2045-01-25      | Variable      | 4.92%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                                    | STACR 2025-HQA1 M1                                                                                                                                     | CUSIP: 35564NGZ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4051135 | PA      | $4048928.35   | 0.04%             | 2045-02-27      | Variable      | 5.02%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZT1320                                                                                                                                              | CUSIP: 3132ADPD4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    133169 | PA      | $128252.63    | 0.00%             | 2048-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZT1633                                                                                                                                              | CUSIP: 3132ADY69<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    200034 | PA      | $194091.19    | 0.00%             | 2047-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                                    | STACR 2025-DNA2 M1                                                                                                                                     | CUSIP: 35564NHZ9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1291488 | PA      | $1291387.94   | 0.01%             | 2045-05-25      | Variable      | 5.07%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                                    | STACR 2025-DNA3 M1                                                                                                                                     | CUSIP: 35564UAR8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1401672 | PA      | $1402493.53   | 0.01%             | 2045-09-25      | Variable      | 4.97%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD4009                                                                                                                                              | CUSIP: 3132E0N24<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4002660 | PA      | $4186971.49   | 0.04%             | 2053-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD4247                                                                                                                                              | CUSIP: 3132E0WG3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4535446 | PA      | $4781105.47   | 0.05%             | 2053-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | GN BB4357                                                                                                                                              | CUSIP: 3617AUZW3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    437472 | PA      | $420727.71    | 0.00%             | 2047-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | GN BC7161                                                                                                                                              | CUSIP: 3617BA5W9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     61651 | PA      | $59291.69     | 0.00%             | 2047-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 BH3672                                                                                                                                              | CUSIP: 3617H1CH8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     62849 | PA      | $62001.35     | 0.00%             | 2048-05-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 BH3673                                                                                                                                              | CUSIP: 3617H1CJ4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    285858 | PA      | $280539.13    | 0.00%             | 2048-05-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD4294                                                                                                                                              | CUSIP: 3132E0XX5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1743995 | PA      | $1801092.26   | 0.02%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks                                                                          | FR QA2159                                                                                                                                              | CUSIP: 31334YMG9<br>LEI: 2549001DPIFGXC1TOL40 | Long             | ABS-MBS          | USGSE             | US        |    199428 | PA      | $176811.92    | 0.00%             | 2049-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust 2025-FIX2                                                              | TPMT 2025-FIX2 A1                                                                                                                                      | CUSIP: 89183RAA0<br>LEI: 25490010CSYSAQU59J50 | Long             | ABS-O            | CORP              | US        |   8219304 | PA      | $8253913.62   | 0.09%             | 2065-10-25      | Variable      | 5.25%                 | Yes           |                  2 | On Loan: No      |
| TransDigm                                                                                        | TransDigm Term Loan M (Incremental) 250 2032-08-01                                                                                                     | CUSIP: 89364MCE2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |   7220000 | PA      | $7248591.20   | 0.08%             | 2032-08-19      | Floating      | 6.22%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZK8962                                                                                                                                              | CUSIP: 3131XC5X1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    365677 | PA      | $357551.14    | 0.00%             | 2032-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Trane Technologies PLC                                                                           | Trane Technologies PLC COM USD1                                                                                                                        | CUSIP: G8994E103<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | US        |    132314 | NS      | $51496608.80  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                                              | US T-BOND 30YR                                                                                                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |      1800 | NC      | $-3214915.20  | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZK9163                                                                                                                                              | CUSIP: 3131XDFC4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    242735 | PA      | $237215.10    | 0.00%             | 2033-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZM1434                                                                                                                                              | CUSIP: 3131XUSX6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    411851 | PA      | $389429.98    | 0.00%             | 2046-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZM6220                                                                                                                                              | CUSIP: 3131Y04D1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    490540 | PA      | $472430.94    | 0.01%             | 2048-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FG Q58477                                                                                                                                              | CUSIP: 3132Y2M37<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    443652 | PA      | $427852.21    | 0.00%             | 2048-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                              | US T-NOTE ULTRA 10Y                                                                                                                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |     -1833 | NC      | $1345766.49   | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                                              | US T-BOND ULTRA                                                                                                                                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       488 | NC      | $-1059156.18  | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV8484                                                                                                                                              | CUSIP: 3140MNNA0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    396140 | PA      | $371859.71    | 0.00%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV8485                                                                                                                                              | CUSIP: 3140MNNB8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    721333 | PA      | $676252.37    | 0.01%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV8544                                                                                                                                              | CUSIP: 3140MNP67<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1178562 | PA      | $1104817.95   | 0.01%             | 2052-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                                 | FN BW0072                                                                                                                                              | CUSIP: 3140MRCJ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    115418 | PA      | $113311.53    | 0.00%             | 2052-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                                 | FN BW0081                                                                                                                                              | CUSIP: 3140MRCT2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    194409 | PA      | $190860.46    | 0.00%             | 2052-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                                 | FN BW0343                                                                                                                                              | CUSIP: 3140MRLZ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    536278 | PA      | $526488.59    | 0.01%             | 2052-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BW0972                                                                                                                                              | CUSIP: 3140MSCJ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2089050 | PA      | $2059679.94   | 0.02%             | 2052-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BW1288                                                                                                                                              | CUSIP: 3140MSNE1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    845845 | PA      | $854208.16    | 0.01%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                                 | FN BW7369                                                                                                                                              | CUSIP: 3140N0FK6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1893121 | PA      | $1915462.85   | 0.02%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BX5759                                                                                                                                              | CUSIP: 3140NAMH3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    375917 | PA      | $378400.96    | 0.00%             | 2053-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BX5969                                                                                                                                              | CUSIP: 3140NAT37<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    440531 | PA      | $445566.42    | 0.00%             | 2053-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BX8071                                                                                                                                              | CUSIP: 3140NC6H7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    227240 | PA      | $229333.96    | 0.00%             | 2053-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BX7860                                                                                                                                              | CUSIP: 3140NCWW5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    163596 | PA      | $168820.31    | 0.00%             | 2053-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                                 | FN BX9351                                                                                                                                              | CUSIP: 3140NEL94<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    502641 | PA      | $507273.83    | 0.01%             | 2053-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BY0782                                                                                                                                              | CUSIP: 3140NG2Q2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     93578 | PA      | $96730.14     | 0.00%             | 2053-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BY0866                                                                                                                                              | CUSIP: 3140NG6C9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     88051 | PA      | $90451.23     | 0.00%             | 2053-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BY1920                                                                                                                                              | CUSIP: 3140NJD27<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    273942 | PA      | $276448.61    | 0.00%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BY1896                                                                                                                                              | CUSIP: 3140NJDA9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    171410 | PA      | $176082.72    | 0.00%             | 2053-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BY2783                                                                                                                                              | CUSIP: 3140NKCV1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    301719 | PA      | $304459.40    | 0.00%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                                 | FN BY7004                                                                                                                                              | CUSIP: 3140NPYA2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    218484 | PA      | $226110.28    | 0.00%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CA0108                                                                                                                                              | CUSIP: 3140Q7DN4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    178149 | PA      | $168573.07    | 0.00%             | 2047-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CA3683                                                                                                                                              | CUSIP: 3140QBCV8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     85675 | PA      | $84970.73     | 0.00%             | 2049-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CA4035                                                                                                                                              | CUSIP: 3140QBPV4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    134661 | PA      | $133553.60    | 0.00%             | 2049-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CA4646                                                                                                                                              | CUSIP: 3140QCEU6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    544592 | PA      | $499200.86    | 0.01%             | 2048-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CA5573                                                                                                                                              | CUSIP: 3140QDFP4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    592231 | PA      | $567527.63    | 0.01%             | 2050-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CA6635                                                                                                                                              | CUSIP: 3140QELR1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  17765848 | PA      | $15385180.28  | 0.16%             | 2050-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB0044                                                                                                                                              | CUSIP: 3140QKBN7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    524185 | PA      | $469480.51    | 0.00%             | 2051-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB2681                                                                                                                                              | CUSIP: 3140QM6T6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1580325 | PA      | $1484758.41   | 0.02%             | 2052-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB3501                                                                                                                                              | CUSIP: 3140QN3K6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1937313 | PA      | $1807312.98   | 0.02%             | 2052-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB2750                                                                                                                                              | CUSIP: 3140QNBU5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   8500160 | PA      | $7267015.42   | 0.08%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB2891                                                                                                                                              | CUSIP: 3140QNF98<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  11015408 | PA      | $9858927.14   | 0.10%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB2907                                                                                                                                              | CUSIP: 3140QNGR7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4319234 | PA      | $4057704.73   | 0.04%             | 2052-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB3042                                                                                                                                              | CUSIP: 3140QNLY6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2473168 | PA      | $2129703.86   | 0.02%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB3043                                                                                                                                              | CUSIP: 3140QNLZ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6801813 | PA      | $5851847.89   | 0.06%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB3123                                                                                                                                              | CUSIP: 3140QNPH9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  15453910 | PA      | $14498579.49  | 0.15%             | 2052-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB3240                                                                                                                                              | CUSIP: 3140QNS60<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6888648 | PA      | $6164519.27   | 0.07%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB3837                                                                                                                                              | CUSIP: 3140QPHP5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   7299573 | PA      | $6846632.48   | 0.07%             | 2052-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB4076                                                                                                                                              | CUSIP: 3140QPQ67<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1048870 | PA      | $983787.25    | 0.01%             | 2052-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Finance Of America Structured Securities Tr 2017-HB1                                             | FASST 2025-S1 A1                                                                                                                                       | CUSIP: 31741BAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3364388 | PA      | $3269122.57   | 0.03%             | 2075-02-25      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| Flagstar Mtg Tr 2017-1                                                                           | FSMT 2021-13IN A2                                                                                                                                      | CUSIP: 33853HAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4993496 | PA      | $4355686.39   | 0.05%             | 2051-12-30      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| FOUNDATION FINANCE TRUST 2025-3                                                                  | FFIN 2025-3A A                                                                                                                                         | CUSIP: 35042TAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4332235 | PA      | $4344688.52   | 0.05%             | 2052-08-15      | Fixed         | 4.56%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FNR 2018-27 EA                                                                                                                                         | CUSIP: 3136B1N26<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1724267 | PA      | $1562659.48   | 0.02%             | 2048-05-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FNR 2019-71 P                                                                                                                                          | CUSIP: 3136B6B77<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2235622 | PA      | $2008815.74   | 0.02%             | 2049-11-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV7131                                                                                                                                              | CUSIP: 3140ML4R8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    109255 | PA      | $107263.59    | 0.00%             | 2052-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV7132                                                                                                                                              | CUSIP: 3140ML4S6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    136854 | PA      | $134355.69    | 0.00%             | 2052-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV6879                                                                                                                                              | CUSIP: 3140MLUD0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    343824 | PA      | $337600.76    | 0.00%             | 2052-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BV7632                                                                                                                                              | CUSIP: 3140MMPS1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    264191 | PA      | $259409.62    | 0.00%             | 2052-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BY3263                                                                                                                                              | CUSIP: 3140NKTV3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    389675 | PA      | $393823.55    | 0.00%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BY4284                                                                                                                                              | CUSIP: 3140NLXN4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    161080 | PA      | $166754.16    | 0.00%             | 2053-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                                 | FN BY6374                                                                                                                                              | CUSIP: 3140NPCL2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    427443 | PA      | $439009.97    | 0.00%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                                 | FN BY6690                                                                                                                                              | CUSIP: 3140NPNG1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    323730 | PA      | $327273.64    | 0.00%             | 2053-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB4329                                                                                                                                              | CUSIP: 3140QPY35<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    373469 | PA      | $350731.37    | 0.00%             | 2052-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Intuit Inc                                                                                       | Intuit Inc COM USD0.01                                                                                                                                 | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |     97986 | NS      | $64907886.12  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc.                                                                          | Intuitive Surgical Inc. COM USD0.001                                                                                                                   | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |     81919 | NS      | $46395644.84  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Invitation Homes Operating Partnership Lp                                                        | INVH 2 08/15/31                                                                                                                                        | CUSIP: 46188BAA0<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              | CORP              | US        |   5620000 | PA      | $4908784.90   | 0.05%             | 2031-08-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BLP TRUST 2025-IND2                                                                              | BLP 2025-IND2 A                                                                                                                                        | CUSIP: 05556WAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5304000 | PA      | $5306131.78   | 0.06%             | 2042-12-15      | Variable      | 5.25%                 | Yes           |                  2 | On Loan: No      |
| BLP Commercial Mortgage Trust 2025-IND                                                           | BLP 2025-IND A                                                                                                                                         | CUSIP: 05625BAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8413073 | PA      | $8351632.08   | 0.09%             | 2042-03-17      | Variable      | 4.95%                 | Yes           |                  2 | On Loan: No      |
| Jane Street Group LLC / JSG Finance Inc.                                                         | JANEST 7.125 04/30/31 144A                                                                                                                             | CUSIP: 47077WAC2<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |   4873000 | PA      | $5120384.23   | 0.05%             | 2031-04-30      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| LPL Holdings Inc.                                                                                | LPLA 5.75 06/15/35                                                                                                                                     | CUSIP: 50212YAQ7<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |   5874000 | PA      | $6044058.06   | 0.06%             | 2035-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Blackstone Private Credit Fund                                                                   | BCRED 7.3 11/27/28                                                                                                                                     | CUSIP: 09261HBC0<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |   5166000 | PA      | $5479723.90   | 0.06%             | 2028-11-27      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| Blue Owl Credit Income Corp.                                                                     | OCINCC 7.95 06/13/28                                                                                                                                   | CUSIP: 69120VBB6<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |   3051000 | PA      | $3226058.60   | 0.03%             | 2028-06-13      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| LENDBUZZ SECURITIZATION TRUST                                                                    | LBZZ 2023-1A A2                                                                                                                                        | CUSIP: 52608LAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    663566 | PA      | $670015.68    | 0.01%             | 2028-08-15      | Fixed         | 6.92%                 | Yes           |                  2 | On Loan: No      |
| LEX 2024-BBG MORTGAGE TRUST                                                                      | LEX 2024-BBG A                                                                                                                                         | CUSIP: 52885AAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2200000 | PA      | $2214093.22   | 0.02%             | 2033-10-13      | Variable      | 4.87%                 | Yes           |                  2 | On Loan: No      |
| Alpha Generation LLC                                                                             | Alpha Generation LLC Term Loan B 275 2031-09-08                                                                                                        | CUSIP: 02072UAC6<br>LEI: 254900K5V62L4YGVKF49 | Long             | LON              | CORP              | US        |   5188590 | PA      | $5202080.33   | 0.06%             | 2031-09-30      | Floating      | 5.72%                 | No            |                  2 | On Loan: No      |
| Alpha Generation LLC                                                                             | ALPGEN 6.25 01/15/34 144A                                                                                                                              | CUSIP: 02073LAC5<br>LEI: 254900K5V62L4YGVKF49 | Long             | DBT              | CORP              | US        |   9467000 | PA      | $9551985.26   | 0.10%             | 2034-01-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Alphabet Inc.                                                                                    | Alphabet Inc. CAP USD0.001 CL C                                                                                                                        | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |   1250785 | NS      | $392496333.00 | 4.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                                                                                 | Amazon.com, Inc. COM USD0.01                                                                                                                           | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |   1300769 | NS      | $300243500.58 | 3.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Angel Oak Mortgage Trust                                                                         | AOMT 2025-6 A1                                                                                                                                         | CUSIP: 034937AA0<br>LEI: 254900GRN1I3WMM1H095 | Long             | ABS-O            | CORP              | US        |   5696836 | PA      | $5748020.00   | 0.06%             | 2070-04-25      | Variable      | 5.51%                 | Yes           |                  2 | On Loan: No      |
| Ansley Park Capital 2025-A LLC                                                                   | APARK 2025-A A2                                                                                                                                        | CUSIP: 03637AAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3954000 | PA      | $3971844.34   | 0.04%             | 2035-04-20      | Fixed         | 4.43%                 | Yes           |                  2 | On Loan: No      |
| Aqua Finance Trust 2019-A                                                                        | AQFIT 2021-A A                                                                                                                                         | CUSIP: 03842VAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    498375 | PA      | $457829.25    | 0.00%             | 2046-07-17      | Fixed         | 1.54%                 | Yes           |                  2 | On Loan: No      |
| Bank of America Corp.                                                                            | BAC V5.872 09/15/34                                                                                                                                    | CUSIP: 06051GLU1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   6100000 | PA      | $6509638.24   | 0.07%             | 2034-09-15      | Variable      | 5.87%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | CAS 2023-R07 2M1                                                                                                                                       | CUSIP: 20753BAA0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    747099 | PA      | $750046.25    | 0.01%             | 2043-09-25      | Variable      | 5.82%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | CAS 2022-R05 2M2                                                                                                                                       | CUSIP: 20754DAB3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2737000 | PA      | $2796932.89   | 0.03%             | 2042-04-25      | Variable      | 6.87%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | CAS 2023-R06 1M1                                                                                                                                       | CUSIP: 20754EAA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1816954 | PA      | $1822051.90   | 0.02%             | 2043-07-27      | Variable      | 5.57%                 | Yes           |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                                                              | CAS 2023-R04 1M1                                                                                                                                       | CUSIP: 20754QAA6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2957109 | PA      | $3008848.51   | 0.03%             | 2043-05-25      | Variable      | 6.17%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BJ4567                                                                                                                                              | CUSIP: 3140H6CD9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1830257 | PA      | $1776687.50   | 0.02%             | 2048-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BJ5170                                                                                                                                              | CUSIP: 3140H6W88<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     85913 | PA      | $81289.56     | 0.00%             | 2048-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BJ9181                                                                                                                                              | CUSIP: 3140HBFX1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    493387 | PA      | $501450.88    | 0.01%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BK1964                                                                                                                                              | CUSIP: 3140HFFE4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    536985 | PA      | $521565.59    | 0.01%             | 2048-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB7430                                                                                                                                              | CUSIP: 3140QTHG7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2430975 | PA      | $2517595.39   | 0.03%             | 2053-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB8134                                                                                                                                              | CUSIP: 3140QUBC9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4491226 | PA      | $4639645.57   | 0.05%             | 2054-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB8543                                                                                                                                              | CUSIP: 3140QUP59<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  12802081 | PA      | $13340995.38  | 0.14%             | 2054-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FM3664                                                                                                                                              | CUSIP: 3140X7CA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    774738 | PA      | $746137.37    | 0.01%             | 2049-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS8037                                                                                                                                              | CUSIP: 3140XP4X4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2269341 | PA      | $2375330.01   | 0.03%             | 2054-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS7607                                                                                                                                              | CUSIP: 3140XPNZ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1946359 | PA      | $2029364.57   | 0.02%             | 2054-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS7643                                                                                                                                              | CUSIP: 3140XPP52<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4857472 | PA      | $5082022.30   | 0.05%             | 2054-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CC0839                                                                                                                                              | CUSIP: 3140Y64Z0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3630912 | PA      | $3756122.46   | 0.04%             | 2055-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Figre Trust 2023-HE1                                                                             | FIGRE 2025-HE5 A                                                                                                                                       | CUSIP: 31684MAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2966290 | PA      | $2975901.06   | 0.03%             | 2055-08-25      | Variable      | 5.29%                 | Yes           |                  2 | On Loan: No      |
| FIGRE TRUST 2025-HE6                                                                             | FIGRE 2025-HE6 A                                                                                                                                       | CUSIP: 31684NAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2244016 | PA      | $2235876.81   | 0.02%             | 2055-09-25      | Variable      | 5.04%                 | Yes           |                  2 | On Loan: No      |
| Figre Trust 2023-HE1                                                                             | FIGRE 2025-HE4 A                                                                                                                                       | CUSIP: 31684PAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1812205 | PA      | $1823789.71   | 0.02%             | 2055-07-25      | Variable      | 5.41%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 MA4068                                                                                                                                              | CUSIP: 36179SQV2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   8876480 | PA      | $8090851.11   | 0.09%             | 2046-11-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 MA5400                                                                                                                                              | CUSIP: 36179T7M1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    690274 | PA      | $699299.59    | 0.01%             | 2048-08-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 MA5021                                                                                                                                              | CUSIP: 36179TSJ5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    197546 | PA      | $196045.27    | 0.00%             | 2048-02-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 MA5192                                                                                                                                              | CUSIP: 36179TXV2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    103017 | PA      | $99131.95     | 0.00%             | 2048-05-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 MA5264                                                                                                                                              | CUSIP: 36179TZ57<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1033895 | PA      | $994905.80    | 0.01%             | 2048-06-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 MA5930                                                                                                                                              | CUSIP: 36179UST0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  11658167 | PA      | $10816445.67  | 0.11%             | 2049-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 BB9814                                                                                                                                              | CUSIP: 3617B13X9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     41859 | PA      | $40279.46     | 0.00%             | 2047-08-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 BB9817                                                                                                                                              | CUSIP: 3617B14A8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    269067 | PA      | $258911.97    | 0.00%             | 2047-08-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 BB9835                                                                                                                                              | CUSIP: 3617B14U4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     39185 | PA      | $37706.38     | 0.00%             | 2047-08-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | GN BD7109                                                                                                                                              | CUSIP: 3617BN3S2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     47821 | PA      | $45990.58     | 0.00%             | 2047-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | GN BD7135                                                                                                                                              | CUSIP: 3617BN4U6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    173491 | PA      | $166850.28    | 0.00%             | 2047-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GLP Capital L.P. and GLP Financing II, Inc.                                                      | GLPI 6.75 12/01/33                                                                                                                                     | CUSIP: 361841AS8<br>LEI: 2549005PXW31DRW8EC44 | Long             | DBT              | CORP              | US        |   4841000 | PA      | $5261557.03   | 0.06%             | 2033-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GLP Capital L.P. and GLP Financing II, Inc.                                                      | GLPI 5.625 09/15/34                                                                                                                                    | CUSIP: 361841AT6<br>LEI: 2549005PXW31DRW8EC44 | Long             | DBT              | CORP              | US        |   5014000 | PA      | $5086945.48   | 0.05%             | 2034-09-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | GN 784059                                                                                                                                              | CUSIP: 3622A2QL9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2031836 | PA      | $1924344.52   | 0.02%             | 2045-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | GN 784182                                                                                                                                              | CUSIP: 3622A2UF7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2228713 | PA      | $2216619.69   | 0.02%             | 2046-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 785843                                                                                                                                              | CUSIP: 3622ABLY6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   9610073 | PA      | $8185042.12   | 0.09%             | 2052-01-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Great Wolf Trust 2015-Wolf Mz                                                                    | GWT 2024-WLF2 A                                                                                                                                        | CUSIP: 362414AA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10398000 | PA      | $10411840.24  | 0.11%             | 2041-05-15      | Variable      | 5.44%                 | Yes           |                  2 | On Loan: No      |
| GXO Logistics Inc.                                                                               | GXO 1.65 07/15/26                                                                                                                                      | CUSIP: 36262GAB7<br>LEI: 5493007CNWMXN78JRN66 | Long             | DBT              | CORP              | US        |   4255000 | PA      | $4194142.14   | 0.04%             | 2026-07-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST 2025-CES2                                                    | GSMBS 2025-CES2 A1                                                                                                                                     | CUSIP: 36273BAA7<br>LEI: 254900U0V0TUGIF39T29 | Long             | ABS-O            | CORP              | US        |   6033416 | PA      | $6050349.23   | 0.06%             | 2055-09-25      | Variable      | 5.18%                 | Yes           |                  2 | On Loan: No      |
| GS MORTGAGE SECURITIES CORPORATION                                                               | GSMS 2025-800D A                                                                                                                                       | CUSIP: 36273XAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  11841000 | PA      | $11855530.11  | 0.13%             | 2041-11-25      | Variable      | 6.38%                 | Yes           |                  2 | On Loan: No      |
| GE Aerospace                                                                                     | GE Aerospace COM NEW                                                                                                                                   | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |    254372 | NS      | $78354207.16  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                                        | Goldman Sachs Group, Inc. COM USD0.01                                                                                                                  | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |     87672 | NS      | $77063688.00  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                                        | GS V5.536 01/28/36                                                                                                                                     | CUSIP: 38141GC44<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   7598000 | PA      | $7885783.75   | 0.08%             | 2036-01-28      | Variable      | 5.54%                 | No            |                  2 | On Loan: No      |
| Gracie Point International Funding 2020-B                                                        | GPIF 2024-1A A                                                                                                                                         | CUSIP: 38410KAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2783000 | PA      | $2785100.89   | 0.03%             | 2028-03-01      | Variable      | 5.89%                 | Yes           |                  2 | On Loan: No      |
| HCA Inc.                                                                                         | HCA 3.625 03/15/32                                                                                                                                     | CUSIP: 404119CK3<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   3617000 | PA      | $3416365.77   | 0.04%             | 2032-03-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| HCA Inc.                                                                                         | HCA 5.6 04/01/34                                                                                                                                       | CUSIP: 404119CU1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   5683000 | PA      | $5926912.83   | 0.06%             | 2034-04-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| HCA Healthcare Inc                                                                               | HCA Healthcare Inc COM USD0.01                                                                                                                         | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |     83138 | NS      | $38813806.68  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Health Care Service Corp A Mutual Legal Reserve Co.                                              | HCSERV 2.2 06/01/30 144A                                                                                                                               | CUSIP: 42218SAF5<br>LEI: 549300TMJ1FKCKECR148 | Long             | DBT              | CORP              | US        |   4729000 | PA      | $4293939.94   | 0.05%             | 2030-06-01      | Fixed         | 2.20%                 | Yes           |                  2 | On Loan: No      |
| Health Care Service Corp A Mutual Legal Reserve Co.                                              | HCSERV 5.2 06/15/29 144A                                                                                                                               | CUSIP: 42218SAK4<br>LEI: 549300TMJ1FKCKECR148 | Long             | DBT              | CORP              | US        |   5028000 | PA      | $5153727.00   | 0.05%             | 2029-06-15      | Fixed         | 5.20%                 | Yes           |                  2 | On Loan: No      |
| Health Care Service Corp A Mutual Legal Reserve Co.                                              | HCSERV 5.45 06/15/34 144A                                                                                                                              | CUSIP: 42218SAL2<br>LEI: 549300TMJ1FKCKECR148 | Long             | DBT              | CORP              | US        |  11338000 | PA      | $11607557.66  | 0.12%             | 2034-06-15      | Fixed         | 5.45%                 | Yes           |                  2 | On Loan: No      |
| Hess Midstream Operations LP                                                                     | HESM 4.25 02/15/30 144A                                                                                                                                | CUSIP: 428102AE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5338000 | PA      | $5221022.00   | 0.06%             | 2030-02-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Hess Midstream Operations LP                                                                     | HESM 5.125 06/15/28 144A                                                                                                                               | CUSIP: 428104AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3621000 | PA      | $3635614.36   | 0.04%             | 2028-06-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Mello Mortgage Capital Acceptance 2018-Mtg1                                                      | MELLO 2024-SD1 A1                                                                                                                                      | CUSIP: 58550DAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2501509 | PA      | $2471695.41   | 0.03%             | 2054-04-25      | Variable      | 4.00%                 | Yes           |                  2 | On Loan: No      |
| MERCHANTS FLEET FUNDING LLC                                                                      | MFF 2025-1A A                                                                                                                                          | CUSIP: 588926AL9<br>LEI: 254900Z2OOQUA5IN2X83 | Long             | ABS-O            | CORP              | US        |   2628000 | PA      | $2635127.70   | 0.03%             | 2039-01-20      | Fixed         | 4.49%                 | Yes           |                  2 | On Loan: No      |
| Monster Beverage Corp                                                                            | Monster Beverage Corp COM USD0.005                                                                                                                     | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |    650150 | NS      | $49847000.50  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST 2025-SPL1                                         | MSRM 2025-SPL1 A1                                                                                                                                      | CUSIP: 617946AA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3411551 | PA      | $3334267.81   | 0.04%             | 2065-02-25      | Variable      | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Motorola Solutions Inc                                                                           | Motorola Solutions Inc COM USD0.01                                                                                                                     | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |    130042 | NS      | $49847699.44  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy, Inc.                                                                                 | NRG 4.734 10/15/30 144A                                                                                                                                | CUSIP: 629377DA7<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   7282000 | PA      | $7291226.29   | 0.08%             | 2030-10-15      | Fixed         | 4.73%                 | Yes           |                  2 | On Loan: No      |
| NRG Energy, Inc.                                                                                 | NRG 5.75 01/15/34 144A                                                                                                                                 | CUSIP: 629377DC3<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   3913000 | PA      | $3952795.21   | 0.04%             | 2034-01-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| NRG Energy, Inc.                                                                                 | NRG 6 01/15/36 144A                                                                                                                                    | CUSIP: 629377DD1<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   7330000 | PA      | $7427073.83   | 0.08%             | 2036-01-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| NRZ Fht Excess LLC                                                                               | NZES 2021-FHT1 A                                                                                                                                       | CUSIP: 62955MAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1036074 | PA      | $1021802.78   | 0.01%             | 2026-07-25      | Fixed         | 3.10%                 | Yes           |                  2 | On Loan: No      |
| New Residential Mtg LLC / Nrm Fnt1 Excess LLC                                                    | NZES 2024-FNT1 A                                                                                                                                       | CUSIP: 62956YAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3919047 | PA      | $3958170.35   | 0.04%             | 2031-11-25      | Variable      | 7.40%                 | Yes           |                  2 | On Loan: No      |
| NRTH COMMERCIAL MORTGAGE TRUST 2025-PARK                                                         | NRTH 2025-PARK A                                                                                                                                       | CUSIP: 669985AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7104000 | PA      | $7104071.33   | 0.08%             | 2040-10-15      | Variable      | 5.14%                 | Yes           |                  2 | On Loan: No      |
| NVIDIA Corp.                                                                                     | NVIDIA Corp. COM USD0.001                                                                                                                              | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |   3121598 | NS      | $582178027.00 | 6.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Flutter Treasury Designated Activity Co.                                                         | FLTR 5.875 06/04/31 144A                                                                                                                               | CUSIP: 344045AB5<br>LEI: 635400JE8VLL9UFVIC38 | Long             | DBT              | CORP              | IE        |   3621000 | PA      | $3671331.90   | 0.04%             | 2031-06-04      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| GOLDENTREE LN MGM 20 LTD/LLC                                                                     | GLM 2023-17A AR                                                                                                                                        | CUSIP: 38139FAN0<br>LEI: 549300TS068SCJRDSP12 | Long             | ABS-CBDO         | CORP              | JE        |   9321000 | PA      | $9344979.20   | 0.10%             | 2039-01-20      | Variable      | 5.16%                 | Yes           |                  2 | On Loan: No      |
| Neuberger Berman Loan Advisers Clo 34 Ltd                                                        | NEUB 2019-32RA A                                                                                                                                       | CUSIP: 64135XAA9<br>LEI: 5493009EGZQAPYYVLD80 | Long             | ABS-CBDO         | CORP              | KY        |   8069700 | PA      | $8097838.24   | 0.09%             | 2039-07-20      | Variable      | 5.64%                 | Yes           |                  2 | On Loan: No      |
| LIFE FINANCIAL SERVICES TRUST                                                                    | LIFE 2021-BMR C                                                                                                                                        | CUSIP: 53218CAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    456249 | PA      | $454370.30    | 0.00%             | 2038-03-15      | Variable      | 4.96%                 | Yes           |                  2 | On Loan: No      |
| Mello Mortgage Capital Acceptance 2018-Mtg1                                                      | MELLO 2021-INV3 A11                                                                                                                                    | CUSIP: 585491BC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3402734 | PA      | $3175959.90   | 0.03%             | 2051-10-25      | Variable      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Mello Mortgage Capital Acceptance 2018-Mtg1                                                      | MELLO 2021-INV2 A11                                                                                                                                    | CUSIP: 58549XBC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2677431 | PA      | $2497956.72   | 0.03%             | 2051-08-25      | Variable      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Santander Bank Auto Credit-Linked Notes Series 2021-1                                            | SBCLN 2022-B A2                                                                                                                                        | CUSIP: 80290CBD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    296920 | PA      | $298337.35    | 0.00%             | 2032-08-16      | Fixed         | 5.59%                 | Yes           |                  2 | On Loan: No      |
| Self Commercial Mortgage Trust 2024-STRG                                                         | SELF 2024-STRG A                                                                                                                                       | CUSIP: 81631WAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9852000 | PA      | $9862684.82   | 0.10%             | 2034-11-15      | Variable      | 5.29%                 | Yes           |                  2 | On Loan: No      |
| Sequoia Mortgage Trust 2013-5                                                                    | SEMT 2013-5 A1                                                                                                                                         | CUSIP: 81745AAA5<br>LEI: 549300671OK77JNRLK28 | Long             | ABS-O            | CORP              | US        |    497648 | PA      | $444988.68    | 0.00%             | 2043-05-25      | Variable      | 2.50%                 | Yes           |                  2 | On Loan: No      |
| Sequoia Mortgage Trust 2004 11                                                                   | SEMT 2020-2 A19                                                                                                                                        | CUSIP: 81748KBN1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    185444 | PA      | $168148.33    | 0.00%             | 2050-03-25      | Variable      | 3.50%                 | Yes           |                  2 | On Loan: No      |
| Servicenow Inc                                                                                   | Servicenow Inc COM USD0.001                                                                                                                            | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |    224897 | NS      | $34451971.43  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc                                                                            | Uber Technologies Inc COM USD0.00001                                                                                                                   | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |    891195 | NS      | $72819543.45  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| United Wholesale Mortgage LLC                                                                    | UWM 2021-INV1 A9                                                                                                                                       | CUSIP: 90354XAJ9<br>LEI: 549300HW662MN1WU8550 | Long             | ABS-O            | CORP              | US        |   3218791 | PA      | $2997783.96   | 0.03%             | 2051-08-25      | Variable      | 4.97%                 | Yes           |                  2 | On Loan: No      |
| U.S. Bancorp.                                                                                    | USB V5.046 02/12/31                                                                                                                                    | CUSIP: 91159HJT8<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |   7145000 | PA      | $7338993.61   | 0.08%             | 2031-02-12      | Variable      | 5.05%                 | No            |                  2 | On Loan: No      |
| U.S. Bancorp.                                                                                    | USB V5.424 02/12/36                                                                                                                                    | CUSIP: 91159HJU5<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |   7864000 | PA      | $8173292.14   | 0.09%             | 2036-02-12      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                                  | CVS 4.78 03/25/38                                                                                                                                      | CUSIP: 126650CY4<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |  11256000 | PA      | $10624669.64  | 0.11%             | 2038-03-25      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                                  | CVS 5.25 02/21/33                                                                                                                                      | CUSIP: 126650DU1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    999000 | PA      | $1028551.31   | 0.01%             | 2033-02-21      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                                  | CVS 5.7 06/01/34                                                                                                                                       | CUSIP: 126650ED8<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   5130000 | PA      | $5375812.41   | 0.06%             | 2034-06-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Chevron Corp.                                                                                    | Chevron Corp. COM USD0.75                                                                                                                              | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    428548 | NS      | $65315000.68  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc.                                                                                   | Citigroup Inc. DEPOSITARY SHARES, EACH REPRESENTING A 1/25TH INTEREST IN A SHARE OF PERPETUAL 6.625% FIXED RATE RESET NONCUMULATIVE PREFERRED STOCK SE | CUSIP: 172967259<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   4527000 | PA      | $4596851.61   | 0.05%             | 2099-12-31      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                                   | C V3.887 01/10/28                                                                                                                                      | CUSIP: 172967LD1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  11561000 | PA      | $11538949.59  | 0.12%             | 2028-01-10      | Variable      | 3.89%                 | No            |                  2 | On Loan: No      |
| CP EF ASSET SECURITIZATION II LLC                                                                | CPEF 2023-1A A                                                                                                                                         | CUSIP: 224092AA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    636480 | PA      | $641835.02    | 0.01%             | 2032-03-15      | Fixed         | 7.48%                 | Yes           |                  2 | On Loan: No      |
| DT Midstream Inc                                                                                 | DTMINC 4.125 06/15/29 144A                                                                                                                             | CUSIP: 23345MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8843000 | PA      | $8726421.76   | 0.09%             | 2029-06-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| Deere & Company                                                                                  | Deere & Company COM USD1                                                                                                                               | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |     81662 | NS      | $38019377.34  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Company                                                                              | Walt Disney Company COM DISNEY USD0.01                                                                                                                 | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |    803286 | NS      | $91389848.22  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QF7813                                                                                                                                              | CUSIP: 3133BVVE2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    218097 | PA      | $220601.49    | 0.00%             | 2053-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QF8398                                                                                                                                              | CUSIP: 3133BWKK8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    783015 | PA      | $790285.38    | 0.01%             | 2053-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QF9871                                                                                                                                              | CUSIP: 3133BX6G1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    748944 | PA      | $755847.02    | 0.01%             | 2053-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG1442                                                                                                                                              | CUSIP: 3133C1S76<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    870373 | PA      | $872946.57    | 0.01%             | 2053-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR RA1999                                                                                                                                              | CUSIP: 3133KHGG5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    603974 | PA      | $599400.24    | 0.01%             | 2050-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR RA5285                                                                                                                                              | CUSIP: 3133KL2S5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  12015850 | PA      | $10302456.01  | 0.11%             | 2051-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR RA5906                                                                                                                                              | CUSIP: 3133KMR31<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   9763898 | PA      | $8401288.44   | 0.09%             | 2051-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR RA9851                                                                                                                                              | CUSIP: 3133KR5L4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  13536250 | PA      | $14074523.15  | 0.15%             | 2053-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Di Issuer Llc                                                                                    | LMDV 2025-1A A2                                                                                                                                        | CUSIP: 538908AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2917000 | PA      | $2926607.73   | 0.03%             | 2055-12-15      | Fixed         | 5.31%                 | Yes           |                  2 | On Loan: No      |
| Twitter Inc                                                                                      | Twitter Inc                                                                                                                                            | CUSIP: 90184NAK4<br>LEI: 549300I8RX485XMK6836 | Long             | LON              | CORP              | US        |   6936840 | PA      | $6907080.96   | 0.07%             | 2029-10-26      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                                                | WFC V5.244 01/24/31                                                                                                                                    | CUSIP: 95000U3P6<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |  15197000 | PA      | $15736796.38  | 0.17%             | 2031-01-24      | Variable      | 5.24%                 | No            |                  2 | On Loan: No      |
| Wendys Funding Llc                                                                               | WEN 2021-1A A2I                                                                                                                                        | CUSIP: 95058XAK4<br>LEI: 5493009DRVSTWJOXUL48 | Long             | ABS-O            | CORP              | US        |   1271921 | PA      | $1185406.55   | 0.01%             | 2051-06-15      | Fixed         | 2.37%                 | Yes           |                  2 | On Loan: No      |
| Wendys Funding Llc                                                                               | WEN 2021-1A A2II                                                                                                                                       | CUSIP: 95058XAL2<br>LEI: 5493009DRVSTWJOXUL48 | Long             | ABS-O            | CORP              | US        |   3537291 | PA      | $3157603.69   | 0.03%             | 2051-06-15      | Fixed         | 2.77%                 | Yes           |                  2 | On Loan: No      |
| Xcel Energy Inc                                                                                  | XEL 5.6 04/15/35                                                                                                                                       | CUSIP: 98389BBE9<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |   4187000 | PA      | $4335918.74   | 0.05%             | 2035-04-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Zoetis Inc.                                                                                      | Zoetis Inc. COM USD0.01 CL 'A'                                                                                                                         | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |    482352 | NS      | $60689528.64  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Cifc Funding 2019-VII Ltd. / Cifc Funding 2019-VII LLC                                           | CIFC 2019-7A A1R                                                                                                                                       | CUSIP: 171935AA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   8828000 | PA      | $8852718.40   | 0.09%             | 2038-10-19      | Variable      | 5.37%                 | Yes           |                  2 | On Loan: No      |
| Diageo Capital PLC                                                                               | DGELN 2.125 04/29/32                                                                                                                                   | CUSIP: 25243YBE8<br>LEI: 213800L23DJLALFC4O95 | Long             | DBT              | CORP              | GB        |   2398000 | PA      | $2086711.50   | 0.02%             | 2032-04-29      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                                     | T 4.75 08/15/55                                                                                                                                        | CUSIP: 912810UM8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  70796000 | PA      | $69601317.50  | 0.74%             | 2055-08-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                                     | T 4.625 11/15/45                                                                                                                                       | CUSIP: 912810UQ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  78524000 | PA      | $76732671.25  | 0.81%             | 2045-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                                     | T 4 11/15/35                                                                                                                                           | CUSIP: 91282CPJ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 184283800 | PA      | $181634720.38 | 1.93%             | 2035-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                                     | T 3.75 11/30/32                                                                                                                                        | CUSIP: 91282CPM7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  68999000 | PA      | $68201199.06  | 0.72%             | 2032-11-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                                     | T 3.5 11/30/30                                                                                                                                         | CUSIP: 91282CPN5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 195278000 | PA      | $193309964.88 | 2.05%             | 2030-11-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                                     | T 3.5 12/15/28                                                                                                                                         | CUSIP: 91282CPP0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  15690000 | PA      | $15671613.20  | 0.17%             | 2028-12-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| VASA TRUST                                                                                       | VASA 2021-VASA A                                                                                                                                       | CUSIP: 92230AAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2382000 | PA      | $2323623.34   | 0.02%             | 2039-07-15      | Variable      | 4.77%                 | Yes           |                  2 | On Loan: No      |
| Benefit Street Partners CLO XV Ltd/Llc                                                           | BSP 2018-15A A1R                                                                                                                                       | CUSIP: 08179MAN9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  12565000 | PA      | $12611337.21  | 0.13%             | 2037-07-15      | Variable      | 5.29%                 | Yes           |                  2 | On Loan: No      |
| Benefit Street Partners CLO IV Ltd.                                                              | BSP 2025-43A A                                                                                                                                         | CUSIP: 08179QAA8<br>LEI: 5493002BNZCV0YE1MG83 | Long             | ABS-CBDO         | CORP              | KY        |  10806000 | PA      | $10829215.61  | 0.11%             | 2038-10-20      | Variable      | 5.19%                 | Yes           |                  2 | On Loan: No      |
| MAGNETITE 50 LIMITED                                                                             | MAGNE 2025-50A A1                                                                                                                                      | CUSIP: 55956MAA7<br>LEI: 529900LA8YF5OY74OD31 | Long             | ABS-CBDO         | CORP              | KY        |   6846000 | PA      | $6864697.80   | 0.07%             | 2038-07-26      | Variable      | 5.59%                 | Yes           |                  2 | On Loan: No      |
| CF HIPPOLYTA ISSUER LLC                                                                          | SORT 2021-1A A1                                                                                                                                        | CUSIP: 12530MAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4332534 | PA      | $3489576.74   | 0.04%             | 2061-03-15      | Fixed         | 1.53%                 | Yes           |                  2 | On Loan: No      |
| CF HIPPOLYTA ISSUER LLC                                                                          | SORT 2021-1A B1                                                                                                                                        | CUSIP: 12530MAG0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1655880 | PA      | $1011560.25   | 0.01%             | 2061-03-15      | Fixed         | 1.98%                 | Yes           |                  2 | On Loan: No      |
| CF HIPPOLYTA ISSUER LLC                                                                          | SORT 2022-1A A1                                                                                                                                        | CUSIP: 12530MAL9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5467777 | PA      | $5402640.62   | 0.06%             | 2062-08-15      | Fixed         | 5.97%                 | Yes           |                  2 | On Loan: No      |
| CF HIPPOLYTA ISSUER LLC                                                                          | SORT 2022-1A A2                                                                                                                                        | CUSIP: 12530MAM7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  15744122 | PA      | $15528668.24  | 0.16%             | 2062-08-15      | Fixed         | 6.11%                 | Yes           |                  2 | On Loan: No      |
| CME Group Inc.                                                                                   | CME Group Inc. COM USD0.01                                                                                                                             | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |    220825 | NS      | $60302891.00  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communications Operating, LLC/Charter Communications Operating Capital Corp.             | CHTR 6.65 02/01/34                                                                                                                                     | CUSIP: 161175CP7<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |   7866000 | PA      | $8286361.87   | 0.09%             | 2034-02-01      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| Meta Platforms Inc                                                                               | Meta Platforms Inc COM USD0.000006 CL 'A'                                                                                                              | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |    281164 | NS      | $185593544.76 | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZM6276                                                                                                                                              | CUSIP: 3131Y06M9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    512311 | PA      | $496990.15    | 0.01%             | 2048-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZM5707                                                                                                                                              | CUSIP: 3131Y0KU5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    465719 | PA      | $438305.39    | 0.00%             | 2048-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZM5865                                                                                                                                              | CUSIP: 3131Y0QS4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     21212 | PA      | $21053.97     | 0.00%             | 2048-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZM5945                                                                                                                                              | CUSIP: 3131Y0TA0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    432461 | PA      | $420042.94    | 0.00%             | 2048-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZM7182                                                                                                                                              | CUSIP: 3131Y16T2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    129359 | PA      | $128395.52    | 0.00%             | 2048-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZM6427                                                                                                                                              | CUSIP: 3131Y1D80<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    853441 | PA      | $821934.08    | 0.01%             | 2048-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZM7926                                                                                                                                              | CUSIP: 3131Y2YX0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     28721 | PA      | $29061.10     | 0.00%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZN2165                                                                                                                                              | CUSIP: 3131Y8MN2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    426368 | PA      | $425780.69    | 0.00%             | 2048-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZA7158                                                                                                                                              | CUSIP: 31329Q5T4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    126722 | PA      | $125762.09    | 0.00%             | 2049-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZS3695                                                                                                                                              | CUSIP: 3132A4C89<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    543803 | PA      | $578143.22    | 0.01%             | 2040-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZS7403                                                                                                                                              | CUSIP: 3132A8GL7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1476171 | PA      | $1453216.59   | 0.02%             | 2031-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SB0866                                                                                                                                              | CUSIP: 3132CW6B5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   6689966 | PA      | $6330623.28   | 0.07%             | 2037-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SB0040                                                                                                                                              | CUSIP: 3132CWBH6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1636883 | PA      | $1590234.31   | 0.02%             | 2033-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SB0116                                                                                                                                              | CUSIP: 3132CWDV3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    532330 | PA      | $509982.20    | 0.01%             | 2034-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD0688                                                                                                                                              | CUSIP: 3132DMXR1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  12316032 | PA      | $10586317.88  | 0.11%             | 2051-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD0931                                                                                                                                              | CUSIP: 3132DNA86<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   8571606 | PA      | $7357144.73   | 0.08%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD0943                                                                                                                                              | CUSIP: 3132DNBL6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1709781 | PA      | $1606254.29   | 0.02%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD1041                                                                                                                                              | CUSIP: 3132DNEN9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  11082182 | PA      | $9967008.92   | 0.11%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD1150                                                                                                                                              | CUSIP: 3132DNH30<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3814150 | PA      | $3583203.92   | 0.04%             | 2052-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD1137                                                                                                                                              | CUSIP: 3132DNHN6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5562054 | PA      | $4806391.68   | 0.05%             | 2051-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD1143                                                                                                                                              | CUSIP: 3132DNHU0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4557120 | PA      | $4523187.99   | 0.05%             | 2050-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Cheniere Energy Inc                                                                              | LNG 5.65 04/15/34                                                                                                                                      | CUSIP: 16411RAN9<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | DBT              | CORP              | US        |   7295000 | PA      | $7567686.95   | 0.08%             | 2034-04-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                                   | C V5.827 02/13/35                                                                                                                                      | CUSIP: 172967PG0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  17397000 | PA      | $18079124.89  | 0.19%             | 2035-02-13      | Variable      | 5.83%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD1551                                                                                                                                              | CUSIP: 3132DNWL3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1613186 | PA      | $1553632.22   | 0.02%             | 2050-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD1840                                                                                                                                              | CUSIP: 3132DPBH0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3640032 | PA      | $3255854.70   | 0.03%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD3493                                                                                                                                              | CUSIP: 3132DQ3A2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3550697 | PA      | $3054224.49   | 0.03%             | 2052-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD2897                                                                                                                                              | CUSIP: 3132DQGE0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1403561 | PA      | $1434337.93   | 0.02%             | 2053-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD4668                                                                                                                                              | CUSIP: 3132DSFH0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   6651172 | PA      | $6880974.96   | 0.07%             | 2053-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD7023                                                                                                                                              | CUSIP: 3132DUYU5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5114524 | PA      | $4566507.34   | 0.05%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD8040                                                                                                                                              | CUSIP: 3132DV4Z5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    141053 | PA      | $139893.58    | 0.00%             | 2050-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD7548                                                                                                                                              | CUSIP: 3132DVL52<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3800749 | PA      | $3278166.59   | 0.03%             | 2051-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD8212                                                                                                                                              | CUSIP: 3132DWDR1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4304957 | PA      | $3661678.38   | 0.04%             | 2052-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QA5622                                                                                                                                              | CUSIP: 3133A0G73<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    172448 | PA      | $154732.12    | 0.00%             | 2049-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FR QA8274                                                                                                                                              | CUSIP: 3133A3FP8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    139270 | PA      | $129515.19    | 0.00%             | 2050-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QB1708                                                                                                                                              | CUSIP: 3133A73R8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    237647 | PA      | $206435.70    | 0.00%             | 2050-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2020-Hqa2                                                          | FR QB2976                                                                                                                                              | CUSIP: 3133A9JV8<br>LEI: 5493000ITBJ4KEFYWF83 | Long             | ABS-MBS          | USGSE             | US        |    106719 | PA      | $92670.30     | 0.00%             | 2050-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2020-Hqa2                                                          | FR QB3353                                                                                                                                              | CUSIP: 3133A9WN1<br>LEI: 5493000ITBJ4KEFYWF83 | Long             | ABS-MBS          | USGSE             | US        |    464368 | PA      | $403091.93    | 0.00%             | 2050-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QC5848                                                                                                                                              | CUSIP: 3133AQP92<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  14014442 | PA      | $12007375.14  | 0.13%             | 2051-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QD4842                                                                                                                                              | CUSIP: 3133B2LX5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    647940 | PA      | $558531.89    | 0.01%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Hertz Vehicle Financing LLC                                                                      | HERTZ 2025-5A A                                                                                                                                        | CUSIP: 42806MDL0<br>LEI: 5493004IHDYOZ9K9WF47 | Long             | ABS-O            | CORP              | US        |   3672000 | PA      | $3674792.93   | 0.04%             | 2030-05-25      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Hilton Worldwide Holdings Inc                                                                    | Hilton Worldwide Holdings Inc COM USD0.01                                                                                                              | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |    156456 | NS      | $44941986.00  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc.                                                                                  | Home Depot Inc. COM USD0.05                                                                                                                            | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |    194462 | NS      | $66914374.20  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Homeward Opportunities Fund I Trust                                                              | HOF 2024-RTL1 A1                                                                                                                                       | CUSIP: 43789FAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9130000 | PA      | $9152263.51   | 0.10%             | 2029-07-25      | Variable      | 7.12%                 | Yes           |                  2 | On Loan: No      |
| HOMEWARD OPPORTUNITIES FD TR 2024-                                                               | HOF 2024-RRTL2 A1                                                                                                                                      | CUSIP: 43789GAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4070000 | PA      | $4087404.95   | 0.04%             | 2039-09-25      | Variable      | 5.99%                 | Yes           |                  2 | On Loan: No      |
| HOMEWARD OPPORTUNITIES FUND TRUST 2                                                              | HOF 2025-RRTL1 A1                                                                                                                                      | CUSIP: 437919AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5717000 | PA      | $5746161.27   | 0.06%             | 2040-03-25      | Variable      | 5.48%                 | Yes           |                  2 | On Loan: No      |
| Homeward Opportunities Fund I Trust                                                              | HOF 2025-RRTL2 A1                                                                                                                                      | CUSIP: 437923AA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2898000 | PA      | $2910539.65   | 0.03%             | 2040-09-25      | Variable      | 5.24%                 | Yes           |                  2 | On Loan: No      |
| Howmet Aerospace Inc                                                                             | Howmet Aerospace Inc COM                                                                                                                               | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |    226190 | NS      | $46373473.80  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Hudson's Bay Simon JV Trust                                                                      | HBCT 2015-HB10 A10                                                                                                                                     | CUSIP: 44422PBN1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2826661 | PA      | $2748918.70   | 0.03%             | 2034-08-05      | Fixed         | 4.15%                 | Yes           |                  2 | On Loan: No      |
| Humana Inc.                                                                                      | HUM 5.875 03/01/33                                                                                                                                     | CUSIP: 444859BV3<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |   1812000 | PA      | $1903354.52   | 0.02%             | 2033-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Humana Inc.                                                                                      | HUM 5.95 03/15/34                                                                                                                                      | CUSIP: 444859BY7<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |   4950000 | PA      | $5191197.21   | 0.06%             | 2034-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Huntington National Bank of Ohio                                                                 | HACLN 2024-2 B1                                                                                                                                        | CUSIP: 44644NAG4<br>LEI: 2WHM8VNJH63UN14OL754 | Long             | ABS-O            | CORP              | US        |   2140055 | PA      | $2163716.29   | 0.02%             | 2032-10-20      | Fixed         | 5.44%                 | Yes           |                  2 | On Loan: No      |
| Intercontinental Exchange Inc                                                                    | Intercontinental Exchange Inc COM USD0.01                                                                                                              | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |    391819 | NS      | $63459005.24  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| JP Morgan Mortgage Trust                                                                         | JPMMT 2025-5MPR A1D                                                                                                                                    | CUSIP: 46593VAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2386255 | PA      | $2395866.44   | 0.03%             | 2055-11-25      | Variable      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                             | JPMorgan Chase & Co. COM USD1.00                                                                                                                       | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    429298 | NS      | $138328401.56 | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                                                                             | JPM V5.14 01/24/31                                                                                                                                     | CUSIP: 46647PEV4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   7304000 | PA      | $7549367.65   | 0.08%             | 2031-01-24      | Variable      | 5.14%                 | No            |                  2 | On Loan: No      |
| Jane Street Group LLC / JSG Finance Inc.                                                         | JANEST 6.125 11/01/32 144A                                                                                                                             | CUSIP: 47077WAD0<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |  12094000 | PA      | $12306370.64  | 0.13%             | 2032-11-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Jane Street Group LLC / JSG Finance Inc.                                                         | JANEST 6.75 05/01/33 144A                                                                                                                              | CUSIP: 47077WAE8<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |   9862000 | PA      | $10293919.60  | 0.11%             | 2033-05-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Johnson & Johnson                                                                                | Johnson & Johnson COM USD1.00                                                                                                                          | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |    410018 | NS      | $84853225.10  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp.                                                                                        | KLA Corp. COM USD0.001                                                                                                                                 | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |     66852 | NS      | $81230528.16  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| LHOME MTG TR 2024-RTL3                                                                           | LHOME 2024-RTL3 A1                                                                                                                                     | CUSIP: 50205GAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2894523 | PA      | $2920964.47   | 0.03%             | 2029-05-25      | Variable      | 6.90%                 | Yes           |                  2 | On Loan: No      |
| LHOME MORTGAGE TRUST 2024-RTL2                                                                   | LHOME 2024-RTL2 A1                                                                                                                                     | CUSIP: 50205JAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2268288 | PA      | $2281288.47   | 0.02%             | 2029-03-25      | Variable      | 7.13%                 | Yes           |                  2 | On Loan: No      |
| LHOME MORTGAGE TRUST                                                                             | LHOME 2024-RTL4 A1                                                                                                                                     | CUSIP: 50205PAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8728504 | PA      | $8804527.52   | 0.09%             | 2039-07-25      | Variable      | 5.92%                 | Yes           |                  2 | On Loan: No      |
| LHOME MORTGAGE TRUST                                                                             | LHOME 2025-RTL3 A1                                                                                                                                     | CUSIP: 50205YAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2700000 | PA      | $2714160.96   | 0.03%             | 2040-08-25      | Variable      | 5.24%                 | Yes           |                  2 | On Loan: No      |
| LPL Holdings Inc.                                                                                | LPLA 6.75 11/17/28                                                                                                                                     | CUSIP: 50212YAH7<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |  10435000 | PA      | $11137097.90  | 0.12%             | 2028-11-17      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| LPL Holdings Inc.                                                                                | LPLA 6 05/20/34                                                                                                                                        | CUSIP: 50212YAK0<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |   6846000 | PA      | $7199178.09   | 0.08%             | 2034-05-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| LPL Holdings Inc.                                                                                | LPLA 5.2 03/15/30                                                                                                                                      | CUSIP: 50212YAL8<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |   2938000 | PA      | $3006549.09   | 0.03%             | 2030-03-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| LPL Holdings Inc.                                                                                | LPLA 5.65 03/15/35                                                                                                                                     | CUSIP: 50212YAM6<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |   4920000 | PA      | $5043003.94   | 0.05%             | 2035-03-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| LPL Holdings Inc.                                                                                | LPLA 5.15 06/15/30                                                                                                                                     | CUSIP: 50212YAP9<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |   4736000 | PA      | $4829839.29   | 0.05%             | 2030-06-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Lam Research Corporation                                                                         | Lam Research Corporation COM NEW                                                                                                                       | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |    528424 | NS      | $90455620.32  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| LIFE FINANCIAL SERVICES TRUST                                                                    | LIFE 2022-BMR2 A1                                                                                                                                      | CUSIP: 53218DAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  11353000 | PA      | $10923182.47  | 0.12%             | 2039-05-16      | Variable      | 5.05%                 | Yes           |                  2 | On Loan: No      |
| LIFE FINANCIAL SERVICES TRUST                                                                    | LIFE 2022-BMR2 B                                                                                                                                       | CUSIP: 53218DAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1854000 | PA      | $1667490.88   | 0.02%             | 2039-05-16      | Variable      | 5.54%                 | Yes           |                  2 | On Loan: No      |
| Lightning Power                                                                                  | Lightning Power Term Loan B 325 2031-07-28                                                                                                             | CUSIP: 53229LAB3<br>LEI: 254900BWCHJ03XRL8K59 | Long             | LON              | CORP              | US        |   9488160 | PA      | $9527820.51   | 0.10%             | 2031-08-18      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| M&T EQUIPTMENT 2023-LEAF1 LLC                                                                    | MTLRF 2023-1A A3                                                                                                                                       | CUSIP: 551925AB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    914886 | PA      | $920261.16    | 0.01%             | 2030-07-15      | Fixed         | 5.74%                 | Yes           |                  2 | On Loan: No      |
| MSCI Inc.                                                                                        | MSCI 4 11/15/29 144A                                                                                                                                   | CUSIP: 55354GAH3<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |   1463000 | PA      | $1430363.72   | 0.02%             | 2029-11-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| MVW 2025-2 LLC                                                                                   | MVWOT 2025-2A A                                                                                                                                        | CUSIP: 55389RAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1348812 | PA      | $1345879.99   | 0.01%             | 2044-10-20      | Fixed         | 4.48%                 | Yes           |                  2 | On Loan: No      |
| Citigroup Inc.                                                                                   | C V4.503 09/11/31                                                                                                                                      | CUSIP: 172967QF1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   3290000 | PA      | $3300181.83   | 0.04%             | 2031-09-11      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                                   | C V5.174 09/11/36                                                                                                                                      | CUSIP: 172967QH7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   2832000 | PA      | $2858471.61   | 0.03%             | 2036-09-11      | Variable      | 5.17%                 | No            |                  2 | On Loan: No      |
| Marvell Technology Inc                                                                           | MRVL 1.65 04/15/26                                                                                                                                     | CUSIP: 573874AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3675000 | PA      | $3650113.41   | 0.04%             | 2026-04-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| MasterCard Incorporated                                                                          | MasterCard Incorporated COM USD0.0001 CLASS A                                                                                                          | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |    304075 | NS      | $173590336.00 | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Civitas Resources Inc                                                                            | CIVI 8.75 07/01/31 144A                                                                                                                                | CUSIP: 17888HAB9<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |   3479000 | PA      | $3609118.98   | 0.04%             | 2031-07-01      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: —       |
| Civitas Resources Inc                                                                            | CIVI 8.625 11/01/30 144A                                                                                                                               | CUSIP: 17888HAC7<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |   1877000 | PA      | $1967208.62   | 0.02%             | 2030-11-01      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| Medline Industries                                                                               | Medline Industries Term Loan B (Incremental) 200 2030-10-01                                                                                            | CUSIP: 58503UAJ2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   8073603 | PA      | $8099680.65   | 0.09%             | 2030-10-23      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp.                                                                                  | Microsoft Corp. COM USD0.00000625                                                                                                                      | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    977145 | NS      | $472566864.90 | 5.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Civitas Resources Inc                                                                            | CIVI 9.625 06/15/33 144A                                                                                                                               | CUSIP: 17888HAD5<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |   6746000 | PA      | $7283104.31   | 0.08%             | 2033-06-15      | Fixed         | 9.62%                 | Yes           |                  2 | On Loan: No      |
| Coinbase Global Inc                                                                              | Coinbase Global Inc COM CL A                                                                                                                           | CUSIP: 19260Q107<br>LEI: 5493004G3J2SC154DU06 | Long             | EC               | CORP              | US        |     24232 | NS      | $5479824.48   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Moodys Corp.                                                                                     | Moodys Corp. COM USD0.01                                                                                                                               | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |     88700 | NS      | $45312395.00  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                                                                   | Morgan Stanley COM USD0.01                                                                                                                             | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |    470807 | NS      | $83582366.71  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Columbia Pipelines Operating Co. LLC                                                             | CPGX 6.036 11/15/33 144A                                                                                                                               | CUSIP: 19828TAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4304000 | PA      | $4607249.17   | 0.05%             | 2033-11-15      | Fixed         | 6.04%                 | Yes           |                  2 | On Loan: No      |
| Columbia Pipelines Operating Co. LLC                                                             | CPGX 6.544 11/15/53 144A                                                                                                                               | CUSIP: 19828TAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4489000 | PA      | $4779951.71   | 0.05%             | 2053-11-15      | Fixed         | 6.54%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley                                                                                   | MS V2.943 01/21/33                                                                                                                                     | CUSIP: 61747YEL5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   5523000 | PA      | $5040803.49   | 0.05%             | 2033-01-21      | Variable      | 2.94%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                                   | MS V5.424 07/21/34 MTN                                                                                                                                 | CUSIP: 61747YFG5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   6139000 | PA      | $6386501.77   | 0.07%             | 2034-07-21      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| Columbia Pipelines Operating Co. LLC                                                             | CPGX 6.497 08/15/43 144A                                                                                                                               | CUSIP: 19828TAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    868000 | PA      | $916959.96    | 0.01%             | 2043-08-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| The Charles Schwab Corporation                                                                   | The Charles Schwab Corporation COM USD0.01                                                                                                             | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |    666822 | NS      | $66622186.02  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                                                                   | MS V5.32 07/19/35                                                                                                                                      | CUSIP: 61747YFT7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   8439000 | PA      | $8687121.28   | 0.09%             | 2035-07-19      | Variable      | 5.32%                 | No            |                  2 | On Loan: No      |
| SF ABS ISSUER LLC                                                                                | SFARM 2025-1A A2                                                                                                                                       | CUSIP: 784193AA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  12936000 | PA      | $12565157.57  | 0.13%             | 2055-11-25      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| SMRT MINI                                                                                        | SMRT 2022-MINI A                                                                                                                                       | CUSIP: 78457JAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  11242000 | PA      | $11218754.26  | 0.12%             | 2039-01-17      | Variable      | 4.75%                 | Yes           |                  2 | On Loan: No      |
| SREIT TR 2021-FLWR                                                                               | SREIT 2021-MFP A                                                                                                                                       | CUSIP: 78472UAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    595577 | PA      | $594014.47    | 0.01%             | 2038-11-15      | Variable      | 4.60%                 | Yes           |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE T                                                              | GRADE 2023-FIG4 A                                                                                                                                      | CUSIP: 79581UAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3751915 | PA      | $3880606.46   | 0.04%             | 2053-11-25      | Variable      | 6.72%                 | Yes           |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE T                                                              | GRADE 2024-CES1 A1                                                                                                                                     | CUSIP: 79581VAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2211966 | PA      | $2257794.91   | 0.02%             | 2054-03-25      | Variable      | 6.31%                 | Yes           |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE TRUST 2025-LOC5                                                | GRADE 2025-LOC5 A1A                                                                                                                                    | CUSIP: 79581XAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5703325 | PA      | $5712451.67   | 0.06%             | 2055-10-25      | Variable      | 5.33%                 | Yes           |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE T                                                              | GRADE 2023-FIG3 A                                                                                                                                      | CUSIP: 79582AAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6846666 | PA      | $7077938.46   | 0.08%             | 2053-08-25      | Variable      | 7.07%                 | Yes           |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE T                                                              | GRADE 2024-FIG5 A                                                                                                                                      | CUSIP: 79582MAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2905178 | PA      | $2938783.80   | 0.03%             | 2054-04-25      | Variable      | 6.25%                 | Yes           |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE TRUST 2025-RRTL1                                               | GRADE 2025-RRTL1 A1                                                                                                                                    | CUSIP: 79582NAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3900000 | PA      | $3899854.92   | 0.04%             | 2040-10-25      | Variable      | 5.32%                 | Yes           |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MTG TR 202                                                              | GRADE 2024-RTL6 A1                                                                                                                                     | CUSIP: 79585UAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6625667 | PA      | $6664238.98   | 0.07%             | 2030-07-25      | Variable      | 7.44%                 | Yes           |                  2 | On Loan: No      |
| Solventum Corp.                                                                                  | SOLV 5.45 03/13/31                                                                                                                                     | CUSIP: 83444MAQ4<br>LEI: 254900I70403OSGY4M28 | Long             | DBT              | CORP              | US        |  10557000 | PA      | $11012227.13  | 0.12%             | 2031-03-13      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Solventum Corp.                                                                                  | SOLV 5.6 03/23/34                                                                                                                                      | CUSIP: 83444MAR2<br>LEI: 254900I70403OSGY4M28 | Long             | DBT              | CORP              | US        |  13920000 | PA      | $14483650.45  | 0.15%             | 2034-03-23      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Stryker Corporation                                                                              | Stryker Corporation COM USD0.10                                                                                                                        | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |    209628 | NS      | $73677953.16  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunoco LP                                                                                        | SUN 7 05/01/29 144A                                                                                                                                    | CUSIP: 86765KAB5<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |   7825000 | PA      | $8161130.70   | 0.09%             | 2029-05-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Sunoco LP                                                                                        | SUN 7.25 05/01/32 144A                                                                                                                                 | CUSIP: 86765KAC3<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |   4408000 | PA      | $4660737.71   | 0.05%             | 2032-05-01      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Sunoco LP                                                                                        | SUN 5.625 03/15/31 144A                                                                                                                                | CUSIP: 86765KAF6<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |   2711000 | PA      | $2730863.50   | 0.03%             | 2031-03-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Sunoco LP                                                                                        | SUN 5.875 03/15/34 144A                                                                                                                                | CUSIP: 86765KAG4<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |   4599000 | PA      | $4598592.99   | 0.05%             | 2034-03-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| The TJX Companies Inc.                                                                           | The TJX Companies Inc. COM USD1                                                                                                                        | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |    293452 | NS      | $45077161.72  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| TYSN 2023 CRNR MORTGAGE TRUST                                                                    | TYSN 2023-CRNR A                                                                                                                                       | CUSIP: 87332PAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8090504 | PA      | $8509597.35   | 0.09%             | 2033-12-10      | Variable      | 6.58%                 | Yes           |                  2 | On Loan: No      |
| Taco Bell Funding Llc                                                                            | BELL 2021-1A A2II                                                                                                                                      | CUSIP: 87342RAH7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6538538 | PA      | $6071186.54   | 0.06%             | 2051-08-25      | Fixed         | 2.29%                 | Yes           |                  2 | On Loan: No      |
| Talen Energy Supply                                                                              | Talen Energy Supply Term Loan B (Incremental) 200 2032-10-04                                                                                           | CUSIP: 87422LBA7<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | LON              | CORP              | US        |   6400348 | PA      | $6396379.28   | 0.07%             | 2032-11-25      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Talen Energy Supply LLC                                                                          | TLN 6.25 02/01/34 144A                                                                                                                                 | CUSIP: 87422VAM0<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |   6610000 | PA      | $6741630.88   | 0.07%             | 2034-02-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Talen Energy Supply LLC                                                                          | TLN 6.5 02/01/36 144A                                                                                                                                  | CUSIP: 87422VAN8<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |  10849000 | PA      | $11218838.61  | 0.12%             | 2036-02-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Teva Pharmaceutical Finance Company LLC                                                          | TEVA 6.15 02/01/36                                                                                                                                     | CUSIP: 88163VAD1<br>LEI: 5493006PITD7MU7WW480 | Long             | DBT              | CORP              | US        |   2845000 | PA      | $2986962.23   | 0.03%             | 2036-02-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Thermo Fisher Scientific Inc                                                                     | Thermo Fisher Scientific Inc COM USD1                                                                                                                  | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |    101600 | NS      | $58872120.00  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| TOORAK MORTGAGE CORP                                                                             | TRK 2025-RRTL1 A1                                                                                                                                      | CUSIP: 89053JAB3<br>LEI: 25490023B58UP9CM5N96 | Long             | ABS-O            | CORP              | US        |   2600000 | PA      | $2609475.18   | 0.03%             | 2040-02-25      | Variable      | 5.52%                 | Yes           |                  2 | On Loan: No      |
| TransDigm, Inc.                                                                                  | TDG 6.25 01/31/34 144A                                                                                                                                 | CUSIP: 893647BZ9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   1025000 | PA      | $1063623.03   | 0.01%             | 2034-01-31      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| TransDigm, Inc.                                                                                  | TDG 6.75 01/31/34 144a                                                                                                                                 | CUSIP: 893647CA3<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   3509000 | PA      | $3655269.89   | 0.04%             | 2034-01-31      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| JANUS CAPITAL GROUP INC                                                                          | Janus Henderson Cash Liquidity Fund LLC                                                                                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        | 139725767 | NS      | $139767685.02 | 1.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Madison Park Funding Xxxiv Ltd.                                                                  | MDPK 2022-62A A1R2                                                                                                                                     | CUSIP: 55817HAW9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   9017000 | PA      | $9043314.31   | 0.10%             | 2038-07-16      | Variable      | 5.19%                 | Yes           |                  2 | On Loan: No      |
| Madison Park Funding LV Ltd / Madison Park Funding LV LLC                                        | MDPK 2022-55A A1R                                                                                                                                      | CUSIP: 55819FAQ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  12893139 | PA      | $12937078.82  | 0.14%             | 2037-07-20      | Variable      | 5.24%                 | Yes           |                  2 | On Loan: No      |
| A&D MORTGAGE TRUST 2023-NQM2                                                                     | ADMT 2024-NQM5 A1                                                                                                                                      | CUSIP: 00039KAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2815285 | PA      | $2834356.40   | 0.03%             | 2069-11-25      | Fixed         | 5.70%                 | Yes           |                  2 | On Loan: No      |
| Abbott Laboratories                                                                              | Abbott Laboratories COM NPV                                                                                                                            | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |    583432 | NS      | $73098195.28  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc.                                                                                      | AbbVie Inc. COM USD0.01                                                                                                                                | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |    312390 | NS      | $71377991.10  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| A&D MORTGAGE TRUST 2025-NQM4                                                                     | ADMT 2025-NQM4 A1                                                                                                                                      | CUSIP: 002941AA0<br>LEI: 9845006Y6D399D9E8O78 | Long             | ABS-O            | CORP              | US        |   2454883 | PA      | $2461289.63   | 0.03%             | 2070-10-25      | Variable      | 5.22%                 | Yes           |                  2 | On Loan: No      |
| Adobe Inc                                                                                        | Adobe Inc COM USD0.0001                                                                                                                                | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |    113998 | NS      | $39898160.02  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| ALA TRUST 2025-OANA                                                                              | ALA 2025-OANA A                                                                                                                                        | CUSIP: 009920AA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  13839000 | PA      | $13878582.68  | 0.15%             | 2040-06-15      | Variable      | 5.49%                 | Yes           |                  2 | On Loan: No      |
| Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC / (Albertsons Safeway LLC) | ACI 6.5 02/15/28 144A                                                                                                                                  | CUSIP: 01309QAA6<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |   4757000 | PA      | $4858875.15   | 0.05%             | 2028-02-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| American Electric Power Co, Inc.                                                                 | AEP V5.8 03/15/56 C                                                                                                                                    | CUSIP: 02557TAE9<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |   3569000 | PA      | $3543162.01   | 0.04%             | 2056-03-15      | Variable      | 5.80%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co, Inc.                                                                 | AEP V6.05 03/15/56 D                                                                                                                                   | CUSIP: 02557TAF6<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |   2855000 | PA      | $2805123.01   | 0.03%             | 2056-03-15      | Variable      | 6.05%                 | No            |                  2 | On Loan: No      |
| American Express Company                                                                         | American Express Company COM USD0.20                                                                                                                   | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |    335482 | NS      | $124111565.90 | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc.                                                                                       | Amgen Inc. COM USD0.0001                                                                                                                               | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |    142383 | NS      | $46603379.73  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corporation                                                                             | Amphenol Corporation CL'A'COM USD0.001                                                                                                                 | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |    624952 | NS      | $84456013.28  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Angel Oak Mortgage Trust                                                                         | AOMT 2019-5 A1                                                                                                                                         | CUSIP: 03464KAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     91990 | PA      | $91128.10     | 0.00%             | 2049-10-25      | Variable      | 2.59%                 | Yes           |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust 2019-6                                                                  | AOMT 2019-6 A1                                                                                                                                         | CUSIP: 03464VAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    279051 | PA      | $276459.14    | 0.00%             | 2059-11-25      | Variable      | 2.62%                 | Yes           |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust 2020-3                                                                  | AOMT 2020-3 A2                                                                                                                                         | CUSIP: 03465LAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    422252 | PA      | $407582.96    | 0.00%             | 2065-04-25      | Variable      | 2.41%                 | Yes           |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                                                                         | AOMT 2024-5 A1                                                                                                                                         | CUSIP: 03465YAA5<br>LEI: 25490045FDNHIWZ12934 | Long             | ABS-O            | CORP              | US        |   7688620 | PA      | $7692263.80   | 0.08%             | 2068-07-25      | Variable      | 4.95%                 | Yes           |                  2 | On Loan: No      |
| Aon North America Inc.                                                                           | AON 5.45 03/01/34                                                                                                                                      | CUSIP: 03740MAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  15757000 | PA      | $16374920.21  | 0.17%             | 2034-03-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Apple Inc.                                                                                       | Apple Inc. COM USD0.00001                                                                                                                              | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |   1111081 | NS      | $302058480.66 | 3.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Applovin Corp.                                                                                   | APP 5.375 12/01/31                                                                                                                                     | CUSIP: 03831WAC2<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | DBT              | CORP              | US        |   6587000 | PA      | $6830520.80   | 0.07%             | 2031-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Applovin Corp.                                                                                   | APP 5.5 12/01/34                                                                                                                                       | CUSIP: 03831WAD0<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | DBT              | CORP              | US        |   7627000 | PA      | $7836374.12   | 0.08%             | 2034-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Asurion LLC / Asurion Co-Issuer Inc.                                                             | ASUCOR 8 12/31/32 144A                                                                                                                                 | CUSIP: 045941AA9<br>LEI: 549300KNQVXGIOXWK278 | Long             | DBT              | CORP              | US        |   5405000 | PA      | $5608289.73   | 0.06%             | 2032-12-31      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Athene Global Funding                                                                            | ATH 2.646 10/04/31 144A                                                                                                                                | CUSIP: 04685A3E9<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   5823000 | PA      | $5149226.38   | 0.05%             | 2031-10-04      | Fixed         | 2.65%                 | Yes           |                  2 | On Loan: No      |
| Atlas Warehouse Lending Co. LP                                                                   | ATWALD 4.625 11/15/28                                                                                                                                  | CUSIP: 049463AF9<br>LEI: 25490068J12A1HV7YM70 | Long             | DBT              | CORP              | US        |   2056000 | PA      | $2063716.19   | 0.02%             | 2028-11-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Atlas Warehouse Lending Co. LP                                                                   | ATWALD 4.95 11/15/30                                                                                                                                   | CUSIP: 049463AG7<br>LEI: 25490068J12A1HV7YM70 | Long             | DBT              | CORP              | US        |   3242000 | PA      | $3252774.33   | 0.03%             | 2030-11-15      | Fixed         | 4.95%                 | Yes           |                  2 | On Loan: No      |
| Bank of America Corp.                                                                            | BAC V5.162 01/24/31                                                                                                                                    | CUSIP: 06051GML0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  16431000 | PA      | $16962613.50  | 0.18%             | 2031-01-24      | Variable      | 5.16%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                                            | BAC V5.744 02/12/36                                                                                                                                    | CUSIP: 06051GMQ9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  27060000 | PA      | $28196460.74  | 0.30%             | 2036-02-12      | Variable      | 5.74%                 | No            |                  2 | On Loan: No      |
| DATA 2024 CNTR2 MORTGAGE TRUST                                                                   | DATA 2024-CTR2 A                                                                                                                                       | CUSIP: 238020AA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2393509 | PA      | $2403801.08   | 0.03%             | 2046-05-10      | Variable      | 5.30%                 | Yes           |                  2 | On Loan: No      |
| Dell Technologies Inc                                                                            | Dell Technologies Inc COM USD0.01 CL C                                                                                                                 | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |    212038 | NS      | $26691343.44  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| DIAMOND INFRASTRUCTURE FUNDING                                                                   | DNFRA 2021-1A A                                                                                                                                        | CUSIP: 25265LAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4917000 | PA      | $4779352.03   | 0.05%             | 2049-04-15      | Fixed         | 1.76%                 | Yes           |                  2 | On Loan: No      |
| Capital One Financial Corp.                                                                      | COF V7.964 11/02/34                                                                                                                                    | CUSIP: 254709AT5<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   4170000 | PA      | $4916412.11   | 0.05%             | 2034-11-02      | Variable      | 7.96%                 | No            |                  2 | On Loan: No      |
| DROP MTGE TST                                                                                    | DROP 2021-FILE A                                                                                                                                       | CUSIP: 26210YAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2133961 | PA      | $2076481.71   | 0.02%             | 2043-10-15      | Variable      | 5.01%                 | Yes           |                  2 | On Loan: No      |
| Duke Energy Corp                                                                                 | DUK 5.45 06/15/34                                                                                                                                      | CUSIP: 26441CCE3<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |  12350000 | PA      | $12859963.73  | 0.14%             | 2034-06-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| EFMT 2025-RTL1                                                                                   | EFMT 2025-RTL1 A1                                                                                                                                      | CUSIP: 26846FAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3658000 | PA      | $3664827.66   | 0.04%             | 2040-11-25      | Variable      | 5.22%                 | Yes           |                  2 | On Loan: No      |
| Copeland (Emerson Electrics climate control business)                                            | Copeland (Emerson Electrics climate control business) Term Loan B 250 2030-05-01                                                                       | CUSIP: 26872NAC3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3052582 | PA      | $3058534.22   | 0.03%             | 2030-05-31      | Floating      | 6.07%                 | No            |                  2 | On Loan: No      |
| Copeland (Emerson Electrics climate control business)                                            | Copeland (Emerson Electrics climate control business) Term Loan B (Incremental) 250 2031-06-11                                                         | CUSIP: 26872NAD1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  14484052 | PA      | $14505343.44  | 0.15%             | 2031-08-04      | Floating      | 6.12%                 | No            |                  2 | On Loan: No      |
| Ecolab Inc.                                                                                      | Ecolab Inc. COM USD1                                                                                                                                   | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |    112458 | NS      | $29522474.16  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Emerson Electric Co.                                                                             | Emerson Electric Co. COM USD0.50                                                                                                                       | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |     83498 | NS      | $11081854.56  | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelon Corp.                                                                                     | EXC 5.45 03/15/34                                                                                                                                      | CUSIP: 30161NBN0<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |   6072000 | PA      | $6313171.64   | 0.07%             | 2034-03-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| FREMF 2023-K511 MORTGAGE TRUST                                                                   | FREMF 2023-K511 C                                                                                                                                      | CUSIP: 30334FAG5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1838000 | PA      | $1730040.66   | 0.02%             | 2028-11-25      | Variable      | 5.63%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN AL5887                                                                                                                                              | CUSIP: 3138ENRH4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    494945 | PA      | $496872.11    | 0.01%             | 2044-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN AL5942                                                                                                                                              | CUSIP: 3138ENS83<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     23736 | PA      | $24143.51     | 0.00%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN AL6542                                                                                                                                              | CUSIP: 3138EPHU1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    825076 | PA      | $828288.60    | 0.01%             | 2045-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN AL6842                                                                                                                                              | CUSIP: 3138EPS88<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    186111 | PA      | $180488.72    | 0.00%             | 2045-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN AL6997                                                                                                                                              | CUSIP: 3138EPX33<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    211460 | PA      | $212882.89    | 0.00%             | 2042-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN AL7381                                                                                                                                              | CUSIP: 3138EQFX5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    435810 | PA      | $435042.29    | 0.00%             | 2045-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FN AT2957                                                                                                                                              | CUSIP: 3138WQJB9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    315736 | PA      | $289250.70    | 0.00%             | 2043-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Figre Trust 2023-HE1                                                                             | FIGRE 2025-HE2 A                                                                                                                                       | CUSIP: 31684KAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3784842 | PA      | $3826280.12   | 0.04%             | 2055-03-25      | Variable      | 5.78%                 | Yes           |                  2 | On Loan: No      |
| Figre Trust 2023-HE1                                                                             | FIGRE 2025-HE3 A                                                                                                                                       | CUSIP: 31684LAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4263716 | PA      | $4306630.72   | 0.05%             | 2055-05-25      | Variable      | 5.56%                 | Yes           |                  2 | On Loan: No      |
| Figre Trust 2023-HE1                                                                             | FIGRE 2024-HE4 A                                                                                                                                       | CUSIP: 31684UAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3412314 | PA      | $3424375.11   | 0.04%             | 2054-09-25      | Variable      | 5.06%                 | Yes           |                  2 | On Loan: No      |
| FIGRE TRUST 2024-HE2                                                                             | FIGRE 2024-HE2 A                                                                                                                                       | CUSIP: 316927AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2542988 | PA      | $2595158.65   | 0.03%             | 2054-05-25      | Variable      | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                                                                    | F 7.122 11/07/33                                                                                                                                       | CUSIP: 345397D67<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   3812000 | PA      | $4094329.76   | 0.04%             | 2033-11-07      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC.                                                                           | FABSJV 5.875 01/25/34                                                                                                                                  | CUSIP: 350930AA1<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |   8628000 | PA      | $8860487.50   | 0.09%             | 2034-01-25      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Foundry JV Holdco LLC.                                                                           | FABSJV 6.25 01/25/35                                                                                                                                   | CUSIP: 350930AD5<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |   1844000 | PA      | $1955361.59   | 0.02%             | 2035-01-25      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Foundry JV Holdco LLC.                                                                           | FABSJV 5.9 01/25/33                                                                                                                                    | CUSIP: 350930AG8<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |   1844000 | PA      | $1929464.16   | 0.02%             | 2033-01-25      | Fixed         | 5.90%                 | Yes           |                  2 | On Loan: No      |
| KRE COMMERCIAL MORTGAGE TRUST 2025-                                                              | KRE 2025-AIP4 A                                                                                                                                        | CUSIP: 50077KAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7547000 | PA      | $7534513.85   | 0.08%             | 2042-03-17      | Variable      | 5.05%                 | Yes           |                  2 | On Loan: No      |
| Eli Lilly & Co.                                                                                  | Eli Lilly & Co. COM NPV                                                                                                                                | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |    134853 | NS      | $144923822.04 | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| 2023-MIC TRUST/THE                                                                               | THE 2023-MIC A                                                                                                                                         | CUSIP: 87256GAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5052469 | PA      | $5458022.14   | 0.06%             | 2038-12-05      | Variable      | 8.44%                 | Yes           |                  2 | On Loan: No      |
| Texas Commercial Mortgage Trust 2025-Twr                                                         | TEXAS 2025-TWR A                                                                                                                                       | CUSIP: 88231WAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2757000 | PA      | $2753552.22   | 0.03%             | 2042-04-15      | Variable      | 5.04%                 | Yes           |                  2 | On Loan: No      |
| 280 Park Avenue Trust                                                                            | PRK 2017-280P A                                                                                                                                        | CUSIP: 90205FAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3072117 | PA      | $3048472.55   | 0.03%             | 2034-09-15      | Variable      | 4.96%                 | Yes           |                  2 | On Loan: No      |
| Accenture PLC                                                                                    | Accenture PLC CLS'A'USD0.0000225                                                                                                                       | CUSIP: G1151C101<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | US        |     53950 | NS      | $14474785.00  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corporation PLC                                                                            | Eaton Corporation PLC COM USD0.01                                                                                                                      | CUSIP: G29183103<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | US        |    186566 | NS      | $59423136.66  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| AGL CLO I Ltd.                                                                                   | AGL 2023-26A A1R                                                                                                                                       | CUSIP: 00852HAL5<br>LEI: 5493005XHETQNZF9TM25 | Long             | ABS-O            | CORP              | JE        |  13400000 | PA      | $13437628.54  | 0.14%             | 2038-10-21      | Variable      | 5.15%                 | Yes           |                  2 | On Loan: No      |
| Elmwood Clo VII Ltd.                                                                             | ELM10 2021-3A AR2                                                                                                                                      | CUSIP: 29002VAW8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   8044000 | PA      | $8069851.81   | 0.09%             | 2038-07-20      | Variable      | 5.18%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FNMA-30YR                                                                                                                                              | CUSIP: 01F030611<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    692000 | PA      | $612016.56    | 0.01%             | 2051-11-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FNMA-30YR                                                                                                                                              | CUSIP: 01F032625<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    830458 | PA      | $765168.22    | 0.01%             | 2051-12-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                            | FNMA-30YR                                                                                                                                              | CUSIP: 01F050619<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    372000 | PA      | $371005.27    | 0.00%             | 2055-06-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2-30YR-Multi                                                                                                                                          | CUSIP: 21H022614<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  15308258 | PA      | $13207965.00  | 0.14%             | 2051-10-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2-30YR-Multi                                                                                                                                          | CUSIP: 21H032613<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  19884335 | PA      | $18090847.52  | 0.19%             | 2055-06-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2-30YR-Multi                                                                                                                                          | CUSIP: 21H040616<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4572047 | PA      | $4315143.68   | 0.05%             | 2055-04-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2-30YR-Multi                                                                                                                                          | CUSIP: 21H050615<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   6595041 | PA      | $6576799.12   | 0.07%             | 2055-06-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Xxxiv Ltd.                                                                  | MDPK 2019-34A A2RR                                                                                                                                     | CUSIP: 55819GAY5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4190000 | PA      | $4200007.40   | 0.04%             | 2037-10-16      | Variable      | 5.49%                 | Yes           |                  2 | On Loan: No      |
| Madison Park Funding Xxxiv Ltd.                                                                  | MDPK 2025-73A A1                                                                                                                                       | CUSIP: 55823HAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   9600000 | PA      | $9626737.92   | 0.10%             | 2038-10-18      | Variable      | 5.26%                 | Yes           |                  2 | On Loan: No      |
| TICP CLO VI 2016-2 Ltd.                                                                          | SIXST 2017-9A AR                                                                                                                                       | CUSIP: 83012CAC9<br>LEI: 254900JG2DPAYUCW8T83 | Long             | ABS-CBDO         | CORP              | KY        |   8897000 | PA      | $8929856.62   | 0.09%             | 2037-07-21      | Variable      | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Societe Generale S.A.                                                                            | SOCGEN V5.5 04/13/29 144A                                                                                                                              | CUSIP: 83368RCC4<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   4851000 | PA      | $4968213.35   | 0.05%             | 2029-04-13      | Variable      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Coopr Residential Mortgage Trust 2025 CES4                                                       | COOPR 2025-CES4 A1A                                                                                                                                    | CUSIP: 12636SAA3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | CORP              | US        |   1909525 | PA      | $1911376.52   | 0.02%             | 2060-11-25      | Variable      | 5.04%                 | Yes           |                  2 | On Loan: No      |
| CVS Health Corp                                                                                  | CVS 5 09/15/32                                                                                                                                         | CUSIP: 126650EJ5<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   2820000 | PA      | $2878291.20   | 0.03%             | 2032-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Societe Generale S.A.                                                                            | SOCGEN V6.1 04/13/33 144A                                                                                                                              | CUSIP: 83368RCF7<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |  11950000 | PA      | $12626599.32  | 0.13%             | 2033-04-13      | Variable      | 6.10%                 | Yes           |                  2 | On Loan: No      |
| Teva Pharmaceutical Finance Netherlands III B.V.                                                 | TEVA 6 12/01/32                                                                                                                                        | CUSIP: 88167AAT8<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |   5206000 | PA      | $5463739.43   | 0.06%             | 2032-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| CVS Health Corp                                                                                  | CVS 5.45 09/15/35                                                                                                                                      | CUSIP: 126650EK2<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   5014000 | PA      | $5132382.55   | 0.05%             | 2035-09-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                                  | CVS 6.2 09/15/55                                                                                                                                       | CUSIP: 126650EL0<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   2902000 | PA      | $2946519.12   | 0.03%             | 2055-09-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Teva Pharmaceutical Finance Netherlands IV B.V.                                                  | TEVA 5.75 12/01/30                                                                                                                                     | CUSIP: 881937AA4<br>LEI: 549300GKSD1RG56QRY33 | Long             | DBT              | CORP              | NL        |   4167000 | PA      | $4322114.41   | 0.05%             | 2030-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Texas Debt Cap Clo 2023-II ltd. / LLC                                                            | TCIFC 2023-2A A1R                                                                                                                                      | CUSIP: 88239MAJ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   9000000 | PA      | $9033473.70   | 0.10%             | 2037-10-21      | Variable      | 5.24%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | COOPR 2025-CES2 A1A                                                                                                                                    | CUSIP: 12674UAA1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2001318 | PA      | $2017985.96   | 0.02%             | 2060-06-25      | Variable      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust 2025-2                                                             | CMLTI 2025-LTV1 A1                                                                                                                                     | CUSIP: 17332XAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7588000 | PA      | $7594069.64   | 0.08%             | 2055-12-25      | Variable      | 5.24%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2022-DNA7                                                          | STACR 2022-DNA5 M2                                                                                                                                     | CUSIP: 35564KYW3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    289259 | PA      | $312632.12    | 0.00%             | 2042-06-25      | Variable      | 10.62%                | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 MA7255                                                                                                                                              | CUSIP: 36179WBY3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  11325431 | PA      | $9783111.26   | 0.10%             | 2051-03-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 MA7313                                                                                                                                              | CUSIP: 36179WDS4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   9676439 | PA      | $8716368.61   | 0.09%             | 2051-04-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 MA7473                                                                                                                                              | CUSIP: 36179WJS8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   5513484 | PA      | $4965171.23   | 0.05%             | 2051-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                                         | G2 MA7535                                                                                                                                              | CUSIP: 36179WLQ9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  12520816 | PA      | $11274658.31  | 0.12%             | 2051-08-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GLP Capital L.P. and GLP Financing II, Inc.                                                      | GLPI 5.3 01/15/29                                                                                                                                      | CUSIP: 361841AL3<br>LEI: 2549005PXW31DRW8EC44 | Long             | DBT              | CORP              | US        |    344000 | PA      | $349987.52    | 0.00%             | 2029-01-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| GCAT 2023-INV1 TRUST                                                                             | GCAT 2023-INV1 A1                                                                                                                                      | CUSIP: 36830QAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5693254 | PA      | $5790175.48   | 0.06%             | 2053-08-25      | Variable      | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Genesee & Wyoming                                                                                | Genesee & Wyoming Term Loan B 200 2031-03-25                                                                                                           | CUSIP: 37156QAZ9<br>LEI: G617XSG94Z7G0RMW3L02 | Long             | LON              | CORP              | US        |  12993999 | PA      | $12990750.74  | 0.14%             | 2031-04-10      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Netflix, Inc.                                                                                    | Netflix, Inc. COM USD0.001                                                                                                                             | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |    762266 | NS      | $71470060.16  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Nike, Inc.                                                                                       | Nike, Inc. CLASS'B'COM NPV                                                                                                                             | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |    793748 | NS      | $50569685.08  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp.                                                                                     | ORCL 5.95 09/26/55                                                                                                                                     | CUSIP: 68389XDR3<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   5500000 | PA      | $4873078.21   | 0.05%             | 2055-09-26      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                                                     | ORCL 6.1 09/26/65                                                                                                                                      | CUSIP: 68389XDT9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   7356000 | PA      | $6487936.68   | 0.07%             | 2065-09-26      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| QTS ISSUER ABS I, LLLC                                                                           | QTS 2025-1A A2                                                                                                                                         | CUSIP: 74690DAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  15373000 | PA      | $15467453.58  | 0.16%             | 2055-05-25      | Fixed         | 5.44%                 | Yes           |                  2 | On Loan: No      |
| QTS ISSUER ABS II, LLC                                                                           | QTSII 2025-1A A2                                                                                                                                       | CUSIP: 74690FAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9100000 | PA      | $8966540.37   | 0.10%             | 2055-10-05      | Fixed         | 5.04%                 | Yes           |                  2 | On Loan: No      |
| Qnity Electronics Inc.                                                                           | QNTELE 5.75 08/15/32 144A                                                                                                                              | CUSIP: 74743LAA8<br>LEI: 254900RSUG4J9TFFZX53 | Long             | DBT              | CORP              | US        |   3406000 | PA      | $3482451.08   | 0.04%             | 2032-08-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Quikrete Holdings Inc                                                                            | QUIKHO 6.375 03/01/32 144A                                                                                                                             | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |   5502000 | PA      | $5726921.76   | 0.06%             | 2032-03-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| NCL Corporation Ltd.                                                                             | NCLH 5.875 01/15/31 144A                                                                                                                               | CUSIP: 62886HBY6<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |  12899000 | PA      | $12850195.47  | 0.14%             | 2031-01-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| NCL Corporation Ltd.                                                                             | NCLH 6.25 09/15/33 144A                                                                                                                                | CUSIP: 62886HBZ3<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |   7997000 | PA      | $7993632.46   | 0.08%             | 2033-09-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| OHA Credit Funding 7 Ltd.                                                                        | OAKC 2020-7A A1R2                                                                                                                                      | CUSIP: 67098WAY7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   8534000 | PA      | $8557366.09   | 0.09%             | 2038-07-19      | Variable      | 5.16%                 | Yes           |                  2 | On Loan: No      |
| Oha Credit Partners Xv Limited                                                                   | OAKC 2021-9A A2R                                                                                                                                       | CUSIP: 67690AAQ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6022000 | PA      | $6035545.89   | 0.06%             | 2037-10-19      | Variable      | 5.46%                 | Yes           |                  2 | On Loan: No      |
| Compass Datacenters Issuer II LLC                                                                | CMPDC 2024-2A A1                                                                                                                                       | CUSIP: 20469AAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1232000 | PA      | $1235048.10   | 0.01%             | 2049-08-25      | Fixed         | 5.02%                 | Yes           |                  2 | On Loan: No      |
| Compass Datacenters Issuer II LLC                                                                | CMDC 2025-1A A2                                                                                                                                        | CUSIP: 20469BAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7338000 | PA      | $7415841.30   | 0.08%             | 2050-02-25      | Fixed         | 5.66%                 | Yes           |                  2 | On Loan: No      |
| Compass Datacenters Issuer II LLC                                                                | CMDC 2025-2A A2                                                                                                                                        | CUSIP: 20469BAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4569000 | PA      | $4631415.42   | 0.05%             | 2050-02-25      | Fixed         | 5.83%                 | Yes           |                  2 | On Loan: No      |
| Compass Datacenters Issuer II LLC                                                                | CMPDC 2025-1A A1                                                                                                                                       | CUSIP: 20469CAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  21254000 | PA      | $21466149.69  | 0.23%             | 2050-05-25      | Fixed         | 5.32%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | COOPR 2025-CES3 A1A                                                                                                                                    | CUSIP: 216926AA3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4659042 | PA      | $4647661.54   | 0.05%             | 2060-09-25      | Variable      | 4.84%                 | Yes           |                  2 | On Loan: No      |
| CoreWeave Inc.                                                                                   | CRWV 9.25 06/01/30 144A                                                                                                                                | CUSIP: 21873SAB4<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |   7744000 | PA      | $7200159.01   | 0.08%             | 2030-06-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| CoreWeave Inc.                                                                                   | CRWV 9 02/01/31 144A                                                                                                                                   | CUSIP: 21873SAC2<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |   3111000 | PA      | $2851293.72   | 0.03%             | 2031-02-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Costco Wholesale Corporation                                                                     | Costco Wholesale Corporation COM USD0.01                                                                                                               | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |     46632 | NS      | $40212638.88  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| CYRUSONE DATA CENTERS ISSUER I LLC                                                               | CYRUS 2023-1A B                                                                                                                                        | CUSIP: 23284BAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1512691 | PA      | $1501908.41   | 0.02%             | 2048-04-20      | Fixed         | 5.45%                 | Yes           |                  2 | On Loan: No      |
| CYRUSONE DATA CENTERS ISSUER I LLC                                                               | CYRUS 2024-1A A2                                                                                                                                       | CUSIP: 23284BAF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3355063 | PA      | $3306059.96   | 0.04%             | 2049-03-22      | Fixed         | 4.76%                 | Yes           |                  2 | On Loan: No      |
| CYRUSONE DATA CENTERS ISSUER I LLC                                                               | CYRUS 2024-2A A2                                                                                                                                       | CUSIP: 23284BAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1200000 | PA      | $1170968.84   | 0.01%             | 2049-05-20      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| CYRUSONE DATA CENTERS ISSUER I LLC                                                               | CYRUS 2024-3A A2                                                                                                                                       | CUSIP: 23284BAH7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  11661000 | PA      | $11191493.57  | 0.12%             | 2049-05-20      | Fixed         | 4.65%                 | Yes           |                  2 | On Loan: No      |
| DB Master Finance LLC                                                                            | DNKN 2017-1A A2II                                                                                                                                      | CUSIP: 233046AF8<br>LEI: 549300F17UZJL70BPB08 | Long             | ABS-O            | CORP              | US        |   1790572 | PA      | $1776301.32   | 0.02%             | 2047-11-20      | Fixed         | 4.03%                 | Yes           |                  2 | On Loan: No      |
| DB Master Finance LLC                                                                            | DNKN 2021-1A A2II                                                                                                                                      | CUSIP: 233046AQ4<br>LEI: 549300F17UZJL70BPB08 | Long             | ABS-O            | CORP              | US        |   1660800 | PA      | $1571134.50   | 0.02%             | 2051-11-20      | Fixed         | 2.49%                 | Yes           |                  2 | On Loan: No      |
| DB Master Finance LLC                                                                            | DNKN 2021-1A A23                                                                                                                                       | CUSIP: 233046AS0<br>LEI: 549300F17UZJL70BPB08 | Long             | ABS-O            | CORP              | US        |   1242240 | PA      | $1099176.20   | 0.01%             | 2051-11-20      | Fixed         | 2.79%                 | Yes           |                  2 | On Loan: No      |
| DT Midstream Inc                                                                                 | DTMINC 4.375 06/15/31 144A                                                                                                                             | CUSIP: 23345MAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  14397000 | PA      | $14095260.48  | 0.15%             | 2031-06-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| DT Midstream Inc                                                                                 | DTMINC 4.3 04/15/32 144A                                                                                                                               | CUSIP: 23345MAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2519000 | PA      | $2433233.52   | 0.03%             | 2032-04-15      | Fixed         | 4.30%                 | Yes           |                  2 | On Loan: No      |
| Danaher Corporation                                                                              | Danaher Corporation COM USD0.01                                                                                                                        | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |    266922 | NS      | $61103784.24  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR ZT1145                                                                                                                                              | CUSIP: 3132ADHW1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    151361 | PA      | $151094.38    | 0.00%             | 2044-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QD6087                                                                                                                                              | CUSIP: 3133B3XQ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1038563 | PA      | $895575.40    | 0.01%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QD7069                                                                                                                                              | CUSIP: 3133B42A2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1616352 | PA      | $1390606.54   | 0.01%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QD6554                                                                                                                                              | CUSIP: 3133B4H73<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    820849 | PA      | $735559.28    | 0.01%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QD6555                                                                                                                                              | CUSIP: 3133B4H81<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    565312 | PA      | $508184.87    | 0.01%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QD8288                                                                                                                                              | CUSIP: 3133B6F54<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    268297 | PA      | $230533.48    | 0.00%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QD9191                                                                                                                                              | CUSIP: 3133B7F86<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    196058 | PA      | $184055.55    | 0.00%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QD9182                                                                                                                                              | CUSIP: 3133B7FX1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    801297 | PA      | $720232.39    | 0.01%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QD9513                                                                                                                                              | CUSIP: 3133B7SA7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1101785 | PA      | $942541.70    | 0.01%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QE0318                                                                                                                                              | CUSIP: 3133B9K78<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     91621 | PA      | $89962.64     | 0.00%             | 2052-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QE0354                                                                                                                                              | CUSIP: 3133B9MB7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    872726 | PA      | $818183.65    | 0.01%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QE1072                                                                                                                                              | CUSIP: 3133BAFM8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    816587 | PA      | $765552.56    | 0.01%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QE1073                                                                                                                                              | CUSIP: 3133BAFN6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    254373 | PA      | $238781.70    | 0.00%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks                                                                          | FR QF0488                                                                                                                                              | CUSIP: 3133BMRH0<br>LEI: 2549001DPIFGXC1TOL40 | Long             | ABS-MBS          | USGSE             | US        |   1911408 | PA      | $1960240.55   | 0.02%             | 2052-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QF2145                                                                                                                                              | CUSIP: 3133BPL22<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    117056 | PA      | $118213.41    | 0.00%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QF2386                                                                                                                                              | CUSIP: 3133BPUK2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3516348 | PA      | $3539947.14   | 0.04%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QF2437                                                                                                                                              | CUSIP: 3133BPV62<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    122899 | PA      | $127662.72    | 0.00%             | 2052-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QF6841                                                                                                                                              | CUSIP: 3133BUS65<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    190530 | PA      | $192374.54    | 0.00%             | 2053-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG2380                                                                                                                                              | CUSIP: 3133C2UD8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1767079 | PA      | $1776384.79   | 0.02%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG2543                                                                                                                                              | CUSIP: 3133C2ZG6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    260788 | PA      | $267221.30    | 0.00%             | 2053-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG3598                                                                                                                                              | CUSIP: 3133C37K6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1082441 | PA      | $1088141.25   | 0.01%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG3742                                                                                                                                              | CUSIP: 3133C4EP5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    152879 | PA      | $154266.86    | 0.00%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG3917                                                                                                                                              | CUSIP: 3133C4K60<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    681073 | PA      | $684660.10    | 0.01%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG3912                                                                                                                                              | CUSIP: 3133C4KZ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    863779 | PA      | $887326.26    | 0.01%             | 2053-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG4676                                                                                                                                              | CUSIP: 3133C5FR7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    218717 | PA      | $218566.28    | 0.00%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG4741                                                                                                                                              | CUSIP: 3133C5HS3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    423252 | PA      | $429409.42    | 0.00%             | 2053-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG4742                                                                                                                                              | CUSIP: 3133C5HT1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    745948 | PA      | $744646.05    | 0.01%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG5055                                                                                                                                              | CUSIP: 3133C5TL5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    598264 | PA      | $597559.05    | 0.01%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG5161                                                                                                                                              | CUSIP: 3133C5WW7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    698846 | PA      | $697625.91    | 0.01%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG6693                                                                                                                                              | CUSIP: 3133C7NJ2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1794594 | PA      | $1843157.56   | 0.02%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QG7441                                                                                                                                              | CUSIP: 3133C8HS7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1051346 | PA      | $1079796.68   | 0.01%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QN0783                                                                                                                                              | CUSIP: 3133G62Q7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    203146 | PA      | $197216.40    | 0.00%             | 2034-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QN0786                                                                                                                                              | CUSIP: 3133G62T1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    460230 | PA      | $447178.00    | 0.00%             | 2034-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QN0951                                                                                                                                              | CUSIP: 3133G7BU6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    137865 | PA      | $131964.96    | 0.00%             | 2034-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR RA1087                                                                                                                                              | CUSIP: 3133KGF45<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    853357 | PA      | $846894.71    | 0.01%             | 2049-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR RA1088                                                                                                                                              | CUSIP: 3133KGF52<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    164310 | PA      | $162959.12    | 0.00%             | 2049-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR RA1188                                                                                                                                              | CUSIP: 3133KGJ90<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    863363 | PA      | $856825.41    | 0.01%             | 2049-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SE9056                                                                                                                                              | CUSIP: 3133SKBZ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1742568 | PA      | $1690376.37   | 0.02%             | 2050-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SI2017                                                                                                                                              | CUSIP: 3133USG21<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1656068 | PA      | $1594929.99   | 0.02%             | 2048-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QI2699                                                                                                                                              | CUSIP: 3133W87L1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1143312 | PA      | $1182902.92   | 0.01%             | 2054-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR QA4936                                                                                                                                              | CUSIP: 31346YPV9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    225432 | PA      | $202273.05    | 0.00%             | 2049-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SL1226                                                                                                                                              | CUSIP: 31427NLG2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2433641 | PA      | $2504106.91   | 0.03%             | 2055-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR RJ1341                                                                                                                                              | CUSIP: 3142GRP38<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   9322643 | PA      | $9715087.40   | 0.10%             | 2054-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR RJ3021                                                                                                                                              | CUSIP: 3142GTLB0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  14321360 | PA      | $14621579.85  | 0.16%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR RJ4363                                                                                                                                              | CUSIP: 3142GUZ55<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    680196 | PA      | $701386.95    | 0.01%             | 2055-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | SLST 2020-2 M1                                                                                                                                         | CUSIP: 35564CGD3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    706502 | PA      | $702867.72    | 0.01%             | 2060-09-25      | Variable      | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2022-DNA7                                                          | STACR 2022-DNA3 M2                                                                                                                                     | CUSIP: 35564KVE6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1531289 | PA      | $1594252.04   | 0.02%             | 2042-04-25      | Fixed         | 8.42%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2022-DNA7                                                          | STACR 2022-DNA4 M2                                                                                                                                     | CUSIP: 35564KXA2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    530719 | PA      | $559972.30    | 0.01%             | 2042-05-25      | Fixed         | 9.32%                 | Yes           |                  2 | On Loan: No      |
| JPMorgan Chase Bank, National Association                                                        | CHASE 2021-CL1 M1                                                                                                                                      | CUSIP: 46591HBX7<br>LEI: 7H6GLXDRUGQFU57RNE97 | Long             | ABS-O            | CORP              | US        |   3505703 | PA      | $3475278.77   | 0.04%             | 2050-02-25      | Variable      | 5.07%                 | Yes           |                  2 | On Loan: No      |
| WOODWARD CAPITAL MANAGEMENT                                                                      | RCKT 2023-CES1 A1A                                                                                                                                     | CUSIP: 74935WAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1185991 | PA      | $1189539.31   | 0.01%             | 2043-06-25      | Variable      | 6.51%                 | Yes           |                  2 | On Loan: No      |
| WOODWARD CAPITAL MANAGEMENT                                                                      | RCKT 2024-CES5 A1A                                                                                                                                     | CUSIP: 74938KAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5549382 | PA      | $5593873.63   | 0.06%             | 2044-08-25      | Variable      | 5.85%                 | Yes           |                  2 | On Loan: No      |
| WOODWARD CAPITAL MANAGEMENT                                                                      | RCKT 2024-CES2 A1A                                                                                                                                     | CUSIP: 74938PAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5816197 | PA      | $5875533.14   | 0.06%             | 2044-04-25      | Variable      | 6.14%                 | Yes           |                  2 | On Loan: No      |
| RCKT MORTGAGE TRUST 2025-CES10                                                                   | RCKT 2025-CES10 A1A                                                                                                                                    | CUSIP: 74939LAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2790512 | PA      | $2790887.64   | 0.03%             | 2055-11-25      | Variable      | 4.89%                 | Yes           |                  2 | On Loan: No      |
| RCKT Mortgage Trust 2025-CES8                                                                    | RCKT 2025-CES8 A1A                                                                                                                                     | CUSIP: 74939WAA8<br>LEI: 254900FCN7EI8DTYGA19 | Long             | ABS-O            | CORP              | US        |   5260130 | PA      | $5283690.00   | 0.06%             | 2055-08-25      | Variable      | 5.15%                 | Yes           |                  2 | On Loan: No      |
| WOODWARD CAPITAL MANAGEMENT                                                                      | RCKT 2024-CES6 A1A                                                                                                                                     | CUSIP: 749410AA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4449518 | PA      | $4460215.22   | 0.05%             | 2044-09-25      | Variable      | 5.34%                 | Yes           |                  2 | On Loan: No      |
| RCKT Mortgage Trust 2024-CES7                                                                    | RCKT 2024-CES7 A1A                                                                                                                                     | CUSIP: 749414AA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6816376 | PA      | $6835198.46   | 0.07%             | 2044-10-25      | Variable      | 5.16%                 | Yes           |                  2 | On Loan: No      |
| WOODWARD CAPITAL MANAGEMENT                                                                      | RCKT 2024-CES1 A1A                                                                                                                                     | CUSIP: 749424AA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1837272 | PA      | $1852336.62   | 0.02%             | 2044-02-25      | Variable      | 6.03%                 | Yes           |                  2 | On Loan: No      |
| Rckt Mortgage Trust 2024-Ces9                                                                    | RCKT 2024-CES9 A1A                                                                                                                                     | CUSIP: 749426AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1287723 | PA      | $1298804.93   | 0.01%             | 2044-12-25      | Variable      | 5.58%                 | Yes           |                  2 | On Loan: No      |
| Rckt Mortgage Trust 2025-Ces2                                                                    | RCKT 2025-CES2 A1A                                                                                                                                     | CUSIP: 74942BAA9<br>LEI: 2549001985H26N17CK52 | Long             | ABS-O            | CORP              | US        |   3759508 | PA      | $3790826.61   | 0.04%             | 2055-02-25      | Variable      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Rckt Mortgage Trust 2025-CES9                                                                    | RCKT 2025-CES9 A1A                                                                                                                                     | CUSIP: 74942JAA2<br>LEI: 254900C7HSSCU34P7S40 | Long             | ABS-O            | CORP              | US        |   2042608 | PA      | $2038996.01   | 0.02%             | 2055-09-25      | Variable      | 4.79%                 | Yes           |                  2 | On Loan: No      |
| Rckt Mortgage Trust 2025-CES7                                                                    | RCKT 2025-CES7 A1A                                                                                                                                     | CUSIP: 74943AAA0<br>LEI: 254900E35NYYFOUTHD06 | Long             | ABS-O            | CORP              | US        |   3114258 | PA      | $3142804.25   | 0.03%             | 2055-07-25      | Variable      | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Vantage Data Centers Issuer                                                                      | VDC 2020-2A A2                                                                                                                                         | CUSIP: 92212KAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3097000 | PA      | $2949882.56   | 0.03%             | 2045-09-15      | Fixed         | 1.99%                 | Yes           |                  2 | On Loan: No      |
| Vertex Pharmaceuticals Incorporated                                                              | Vertex Pharmaceuticals Incorporated COM USD0.01                                                                                                        | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |    129622 | NS      | $58765429.92  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI Properties LP                                                                               | VICI 5.625 04/01/35                                                                                                                                    | CUSIP: 925650AK9<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |   5593000 | PA      | $5711509.46   | 0.06%             | 2035-04-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Viper Energy Partners LLC                                                                        | VNOM 4.9 08/01/30                                                                                                                                      | CUSIP: 92764MAA2<br>LEI: 54930010ZZ02MRGRI973 | Long             | DBT              | CORP              | US        |   2159000 | PA      | $2183763.73   | 0.02%             | 2030-08-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: —       |
| Viper Energy Partners LLC                                                                        | VNOM 5.7 08/01/35                                                                                                                                      | CUSIP: 92764MAB0<br>LEI: 54930010ZZ02MRGRI973 | Long             | DBT              | CORP              | US        |   5742000 | PA      | $5859883.26   | 0.06%             | 2035-08-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Vistra Corp                                                                                      | Vistra Corp COM USD0.01                                                                                                                                | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |    141104 | NS      | $22764308.32  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust 2012-Lc5                                                   | WFCM 2025-VTT A                                                                                                                                        | CUSIP: 94990GAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10219000 | PA      | $10298131.51  | 0.11%             | 2038-03-15      | Variable      | 5.10%                 | Yes           |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust 2012-Lc5                                                   | WFCM 2021-SAVE A                                                                                                                                       | CUSIP: 95003LAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    407447 | PA      | $407208.91    | 0.00%             | 2040-02-15      | Variable      | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Wendys Funding Llc                                                                               | WEN 2022-1A A2II                                                                                                                                       | CUSIP: 95058XAP3<br>LEI: 5493009DRVSTWJOXUL48 | Long             | ABS-O            | CORP              | US        |    767963 | PA      | $744380.81    | 0.01%             | 2052-03-15      | Fixed         | 4.54%                 | Yes           |                  2 | On Loan: No      |
| Wendys Funding Llc                                                                               | WEN 2025-1A A2I                                                                                                                                        | CUSIP: 95058XAR9<br>LEI: 5493009DRVSTWJOXUL48 | Long             | ABS-O            | CORP              | US        |  10221000 | PA      | $10203990.07  | 0.11%             | 2055-12-15      | Fixed         | 5.42%                 | Yes           |                  2 | On Loan: No      |
| Western Digital Corp.                                                                            | WDC 4.75 02/15/26                                                                                                                                      | CUSIP: 958102AM7<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |   1521000 | PA      | $1522163.57   | 0.02%             | 2026-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Westgate Resorts 2022-1 Llc                                                                      | WESTR 2022-1A A                                                                                                                                        | CUSIP: 96034JAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    194346 | PA      | $193491.32    | 0.00%             | 2036-08-20      | Fixed         | 1.79%                 | Yes           |                  2 | On Loan: No      |
| Workday Inc                                                                                      | WDAY 3.8 04/01/32                                                                                                                                      | CUSIP: 98138HAJ0<br>LEI: 549300J0DYC0N31V7G13 | Long             | DBT              | CORP              | US        |   4129000 | PA      | $3950907.15   | 0.04%             | 2032-04-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| CARLYLE US CLO 2023-2 LTD/LLC                                                                    | CGMS 2023-2A A1R                                                                                                                                       | CUSIP: 14318GAN2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  11418000 | PA      | $11459263.51  | 0.12%             | 2038-07-20      | Variable      | 5.20%                 | Yes           |                  2 | On Loan: No      |
| Constellation Software Inc.                                                                      | CSUCN 5.158 02/16/29 144A                                                                                                                              | CUSIP: 21037XAC4<br>LEI: 549300B6PYHMCTDWQV29 | Long             | DBT              | CORP              | CA        |   2126000 | PA      | $2166524.45   | 0.02%             | 2029-02-16      | Fixed         | 5.16%                 | Yes           |                  2 | On Loan: No      |
| Constellation Software Inc.                                                                      | CSUCN 5.461 02/16/34 144A                                                                                                                              | CUSIP: 21037XAD2<br>LEI: 549300B6PYHMCTDWQV29 | Long             | DBT              | CORP              | CA        |   6181000 | PA      | $6226051.21   | 0.07%             | 2034-02-16      | Fixed         | 5.46%                 | Yes           |                  2 | On Loan: No      |
| CROTON PARK CLO LTD                                                                              | CRTPK 2024-1A A2                                                                                                                                       | CUSIP: 227800AC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5745000 | PA      | $5757634.40   | 0.06%             | 2036-10-15      | Variable      | 5.46%                 | Yes           |                  2 | On Loan: No      |
| Voya CLO 2014-4 Ltd                                                                              | VOYA 2024-4A A2                                                                                                                                        | CUSIP: 92920KAC3<br>LEI: 549300JHU3YI1LLL3V27 | Long             | ABS-CBDO         | CORP              | KY        |   3637684 | PA      | $3645545.40   | 0.04%             | 2037-07-20      | Variable      | 5.43%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                              | US T-NOTE 5YR                                                                                                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |      4419 | NC      | $-1698050.32  | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                                              | US T-NOTE 2YR                                                                                                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |      3971 | NC      | $-532231.57   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                                              | US T-NOTE 10YR                                                                                                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |      -860 | NC      | $756877.40    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus Henderson Cash Collateral Fund                                                             | Janus Henderson Cash Collateral Fund                                                                                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |   9825728 | NS      | $9825728.00   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                                              | Royal Bank of Canada                                                                                                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | CORP              | US        |   2456432 | PA      | $2456432.00   | 0.03%             | 2026-01-02      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-13

**Name of Applicant:** JANUS ASPEN SERIES

**Signature:** JESPER NERGAARD

**Name of Signer:** JESPER NERGAARD

**Title:** VP, CFO, TREASURER, AND PRINCIPAL ACCOUNTING OFFICER