# EDGAR Filing Document

**Accession Number:** 0001736078
**File Stem:** 0002048251-25-001343
**Filing Date:** 2025-10
**Character Count:** 166275
**Document Hash:** 74476a26ee81ec9f24ab51621e61ca0b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002048251-25-001343.hdr.sgml**: 20251029

**ACCESSION NUMBER**: 0002048251-25-001343

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251029

**DATE AS OF CHANGE**: 20251029

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Symmetry Panoramic Trust
- **CENTRAL INDEX KEY:** 0001736078

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23334
- **FILM NUMBER:** 251429764

**BUSINESS ADDRESS:**
- **STREET 1:** 151 NATIONAL DRIVE
- **CITY:** GLASTONBURY
- **STATE:** CT
- **ZIP:** 06033
- **BUSINESS PHONE:** 860-734-2075

**MAIL ADDRESS:**
- **STREET 1:** 151 NATIONAL DRIVE
- **CITY:** GLASTONBURY
- **STATE:** CT
- **ZIP:** 06033

## Series and Classes Contracts Data

### Symmetry Panoramic Global Systematic Fixed Income Fund (Series ID: S000062175)

| Class ID   | Class Name                                                            | Ticker Symbol   |
|:---|:---|:---|
| C000201183 | Symmetry Panoramic Global Systematic Fixed Income Fund Class I Shares | SPGBX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Symmetry Panoramic Trust

- **b. Investment Company Act file number:** 811-23334

- **c. CIK number of Registrant:** 0001736078

- **d. LEI of Registrant:** 00000000000000000000

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

  - **Street Address 1:** 151 National Drive

  - **City:** Glastonbury

  - **State:** CT

  - **Foreign country:** US

  - **Zip / Postal Code:** 06033

  - **Telephone number:** 8447963863

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

- **a. Name of Series:** Symmetry Panoramic Global Systematic Fixed Income Fund

- **b. EDGAR series identifier (if any):** S000062175

- **c. LEI of Series:** 549300ZWCAHFFFBKP181

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

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-08-31

**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:** $264015812.51

**Total Liabilities:** $2423443.31

**Net Assets:** $261592369.20

**Cash Not Reported:** $0.01

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -368.44069521 | **1-Year:** -11352.73522150 | **5-Year:** -30236.25596398 | **10-Year:** -26715.04158955 | **30-Year:** -12915.16342610

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

- **3-Month:** -143.44896035 | **1-Year:** -3396.01724250 | **5-Year:** -4284.41938903 | **10-Year:** -1241.85727053 | **30-Year:** -323.28252563

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000201183 | 0.65%                | -0.22%               | 0.98%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $399087.24               | $-2537077.59                               |
| Month 2  | $-110329.33              | $1399540.98                                |
| Month 3  | $-241536.33              | $1390339.94                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ELECTRICITE DE FRANCE SA                                                                           | ELECTRICITE DE FRANCE SA 144A 5.700000% 05/23/2028                      | CUSIP: 28504DAB9<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | NUSS              | FR        |     864000 | PA      | $893935.13    | 0.34%             | 2028-05-23      | Fixed         | 5.70%                 | Yes           |                  2 | On Loan: No      |
| Unicaja Banco, S.A.                                                                                | UNICAJA BANCO SA MTN 5.125000% 02/21/2029                               | CUSIP: N/A<br>LEI: 5493007SJLLCTM6J6M37       | Long             | DBT              | NUSS              | ES        |     500000 | PA      | $618801.09    | 0.24%             | 2029-02-21      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| European Financial Stability Facility SA                                                           | EFSF 2.750000% 08/17/2026                                               | CUSIP: N/A<br>LEI: 222100OW6UHQXNHKN143       | Long             | DBT              | NUSS              | XX        |    1255000 | PA      | $1478288.15   | 0.57%             | 2026-08-17      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Sandoz Finance B.V.                                                                                | SANDOZ FINANCE BV 4.220000% 04/17/2030                                  | CUSIP: N/A<br>LEI: 213800DFA3WXJ7KC9R74       | Long             | DBT              | NUSS              | NL        |     523000 | PA      | $643578.78    | 0.25%             | 2030-04-17      | Fixed         | 4.22%                 | No            |                  2 | On Loan: No      |
| CSL FINANCE PLC                                                                                    | CSL FINANCE PLC 144A 4.250000% 04/27/2032                               | CUSIP: 12661PAC3<br>LEI: 2549007CCNBNAF4HBC02 | Long             | DBT              | NUSS              | AU        |     546000 | PA      | $535618.77    | 0.20%             | 2032-04-27      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Republique Francaise                                                                               | FRENCH REPUBLIC GOVERNMENT BOND OAT 144A 1.250000% 05/25/2038           | CUSIP: N/A<br>LEI: 969500KCGF3SUYJHPV70       | Long             | DBT              | NUSS              | FR        |       5000 | PA      | $4353.22      | 0.00%             | 2038-05-25      | Fixed         | 1.25%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                                                           | US TREASURY N/B 2.625000% 07/31/2029                                    | CUSIP: 91282CFC0<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    9246500 | PA      | $8909147.18   | 3.41%             | 2029-07-31      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| International Bank for Reconstruction and Development                                              | INTERNATIONAL BANK FOR RECONSTRUCTION & DEVELOPMEN 3.500000% 07/12/2028 | CUSIP: 459058KT9<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    1098000 | PA      | $1093763.54   | 0.42%             | 2028-07-12      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| INTER AMERICAN DEVELOPMENT BANK                                                                    | INTER-AMERICAN DEVELOPMENT BANK MTN 4.500000% 05/15/2026                | CUSIP: 4581X0EK0<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    1060000 | PA      | $1063539.44   | 0.41%             | 2026-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NATIONAL BANK OF GREECE S.A.                                                                       | NATIONAL BANK OF GREECE SA MTN 4.500000% 01/29/2029                     | CUSIP: N/A<br>LEI: 5UMCZOEYKCVFAW8ZLO05       | Long             | DBT              | NUSS              | GR        |     502000 | PA      | $612977.00    | 0.23%             | 2029-01-29      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TEGNA INC.                                                                                         | TEGNA INC 5.000000% 09/15/2029                                          | CUSIP: 87901JAH8<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |     873000 | PA      | $873906.17    | 0.33%             | 2029-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ceska sporitelna, a.s.                                                                             | CESKA SPORITELNA AS MTN 5.943000% 06/29/2027                            | CUSIP: N/A<br>LEI: 9KOGW2C2FCIOJQ7FF485       | Long             | DBT              | NUSS              | CZ        |     300000 | PA      | $359758.01    | 0.14%             | 2027-06-29      | Fixed         | 5.94%                 | No            |                  2 | On Loan: No      |
| MERITAGE HOMES CORPORATION                                                                         | MERITAGE HOMES CORP 144A 3.875000% 04/15/2029                           | CUSIP: 59001ABD3<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |      17000 | PA      | $16608.20     | 0.01%             | 2029-04-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| UBS Switzerland AG                                                                                 | UBS SWITZERLAND AG MTN 3.390000% 12/05/2025                             | CUSIP: N/A<br>LEI: 549300WOIFUSNYH0FL22       | Long             | DBT              | NUSS              | CH        |     100000 | PA      | $117350.82    | 0.04%             | 2025-12-05      | Fixed         | 3.39%                 | No            |                  2 | On Loan: No      |
| Nationwide Building Society                                                                        | NATIONWIDE BUILDING SOCIETY 144A 3.960000% 07/18/2030                   | CUSIP: 63861VAE7<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | NUSS              | GB        |     351000 | PA      | $344764.47    | 0.13%             | 2030-07-18      | Fixed         | 3.96%                 | Yes           |                  2 | On Loan: No      |
| MERCURY GENERAL CORPORATION                                                                        | MERCURY GENERAL CORP 4.400000% 03/15/2027                               | CUSIP: 589400AB6<br>LEI: 5493001Q9EXPCEL4W527 | Long             | DBT              | CORP              | US        |     516000 | PA      | $512540.23    | 0.20%             | 2027-03-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| FOX CORPORATION                                                                                    | FOX CORP 3.500000% 04/08/2030                                           | CUSIP: 35137LAL9<br>LEI: 549300DDU6FDRBIELS05 | Long             | DBT              | CORP              | US        |     338000 | PA      | $326660.96    | 0.12%             | 2030-04-08      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                                        | FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CE FHMS K747 AM         | CUSIP: 3137H5DY0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    1500000 | PA      | $1398068.10   | 0.53%             | 2028-12-25      | Floating      | 1.75%                 | No            |                  2 | On Loan: No      |
| Reino de Espana                                                                                    | SPAIN GOVERNMENT BOND 144A 1.900000% 10/31/2052                         | CUSIP: N/A<br>LEI: 9598007A56S18711AH60       | Long             | DBT              | NUSS              | ES        |     245000 | PA      | $183515.40    | 0.07%             | 2052-10-31      | Fixed         | 1.90%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                              | FANNIE MAE POOL FN MA4562                                               | CUSIP: 31418EB82<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    3532029 | PA      | $2817752.17   | 1.08%             | 2052-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Canada Housing Trust No. 1                                                                         | CANADA HOUSING TRUST NO 1 144A 4.150000% 06/15/2033                     | CUSIP: 13509PJP9<br>LEI: 549300M44WH89JG50067 | Long             | DBT              | NUSS              | CA        |      16000 | PA      | $12198.49     | 0.00%             | 2033-06-15      | Fixed         | 4.15%                 | Yes           |                  2 | On Loan: No      |
| QUANTA SERVICES, INC.                                                                              | QUANTA SERVICES INC 5.250000% 08/09/2034                                | CUSIP: 74762EAL6<br>LEI: SHVRXXEACT60MMH07S24 | Long             | DBT              | CORP              | US        |      60000 | PA      | $60748.21     | 0.02%             | 2034-08-09      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FORTESCUE TREASURY PTY LTD                                                                         | FORTESCUE TREASURY PTY LTD 144A 4.500000% 09/15/2027                    | CUSIP: 30251GBA4<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | NUSS              | AU        |     384000 | PA      | $380489.82    | 0.15%             | 2027-09-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                              | FANNIE MAE POOL FN MA4838                                               | CUSIP: 31418ELU2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    1753872 | PA      | $1585313.30   | 0.61%             | 2052-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Republique Francaise                                                                               | FRENCH REPUBLIC GOVERNMENT BOND OAT 144A 0.000000% 05/25/2032           | CUSIP: N/A<br>LEI: 969500KCGF3SUYJHPV70       | Long             | DBT              | NUSS              | FR        |   10674000 | PA      | $10205191.65  | 3.90%             | 2032-05-25      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| CAPITAL ONE, NATIONAL ASSOCIATION                                                                  | CAPITAL ONE NA 4.650000% 09/13/2028                                     | CUSIP: 25466AAP6<br>LEI: 207ALC1P1YM0OVDV0K75 | Long             | DBT              | CORP              | US        |     620000 | PA      | $627647.57    | 0.24%             | 2028-09-13      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Deutsche Pfandbriefbank AG                                                                         | DEUTSCHE PFANDBRIEFBANK AG MTN 0.010000% 08/25/2026                     | CUSIP: N/A<br>LEI: DZZ47B9A52ZJ6LT6VV95       | Long             | DBT              | NUSS              | DE        |     300000 | PA      | $343789.28    | 0.13%             | 2026-08-25      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| CaixaBank, S.A.                                                                                    | CAIXABANK SA MTN 5.673000% 03/15/2030                                   | CUSIP: 12803RAG9<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | NUSS              | ES        |     660000 | PA      | $686106.93    | 0.26%             | 2030-03-15      | Fixed         | 5.67%                 | Yes           |                  2 | On Loan: No      |
| IMPERIAL BRANDS FINANCE PLC                                                                        | IMPERIAL BRANDS FINANCE PLC 144A 3.875000% 07/26/2029                   | CUSIP: 45262BAC7<br>LEI: 2138008L3B3MCG1DFS50 | Long             | DBT              | NUSS              | GB        |     247000 | PA      | $241516.87    | 0.09%             | 2029-07-26      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Kingdom of Saudi Arabia                                                                            | SAUDI GOVERNMENT INTERNATIONAL BOND MTN 4.750000% 01/18/2028            | CUSIP: N/A<br>LEI: 635400FMICXSM3SI3H65       | Long             | DBT              | NUSS              | SA        |     430000 | PA      | $435328.70    | 0.17%             | 2028-01-18      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                              | FANNIE MAE POOL FN FM8787                                               | CUSIP: 3140XCXR4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    1433277 | PA      | $1205712.86   | 0.46%             | 2051-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ENACT HOLDINGS, INC.                                                                               | ENACT HOLDINGS INC 6.250000% 05/28/2029                                 | CUSIP: 29249EAA7<br>LEI: 9845003CA5664B741N19 | Long             | DBT              | CORP              | US        |     557000 | PA      | $581232.81    | 0.22%             | 2029-05-28      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Japan                                                                                              | JAPAN (20 YEAR ISSUE) 0.500000% 03/20/2041                              | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        | 1173800000 | PA      | $6155151.44   | 2.35%             | 2041-03-20      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| ITV PLC                                                                                            | ITV PLC MTN 4.250000% 06/19/2032                                        | CUSIP: N/A<br>LEI: ZLECI7ED2QMWFGYCXZ59       | Long             | DBT              | NUSS              | GB        |     303000 | PA      | $361379.69    | 0.14%             | 2032-06-19      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Raiffeisen Bank International AG                                                                   | RAIFFEISEN BANK INTERNATIONAL AG MTN 0.050000% 09/01/2027               | CUSIP: N/A<br>LEI: 9ZHRYM6F437SQJ6OUG95       | Long             | DBT              | NUSS              | AT        |     500000 | PA      | $559413.26    | 0.21%             | 2027-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LA BANQUE POSTALE HOME LOAN SFH SA                                                                 | LA BANQUE POSTALE HOME LOAN SFH SA MTN 3.000000% 01/31/2031             | CUSIP: N/A<br>LEI: 969500D5PFMTWUYSUF61       | Long             | DBT              | NUSS              | FR        |     300000 | PA      | $355913.23    | 0.14%             | 2031-01-31      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NETFLIX, INC.                                                                                      | NETFLIX INC 6.375000% 05/15/2029                                        | CUSIP: 64110LAX4<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |      10000 | PA      | $10793.36     | 0.00%             | 2029-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                                                               | EDISON INTERNATIONAL 5.750000% 06/15/2027                               | CUSIP: 281020AN7<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |      58000 | PA      | $59047.04     | 0.02%             | 2027-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ACTION LOGEMENT SERVICES SAS                                                                       | ACTION LOGEMENT SERVICES MTN 0.375000% 10/05/2031                       | CUSIP: N/A<br>LEI: 969500O2QYH3YW92C551       | Long             | DBT              | NUSS              | FR        |    1500000 | PA      | $1490104.57   | 0.57%             | 2031-10-05      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| Reino de Espana                                                                                    | BONOS Y OBLIG DEL ESTADO 0.800000% 07/30/2029                           | CUSIP: N/A<br>LEI: 9598007A56S18711AH60       | Long             | DBT              | NUSS              | ES        |    4399000 | PA      | $4838400.80   | 1.85%             | 2029-07-30      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| Aozora Bank, Ltd.                                                                                  | AOZORA BANK LTD 5.900000% 09/08/2026                                    | CUSIP: N/A<br>LEI: X0XUGKC9FD2CYUQNC010       | Long             | DBT              | NUSS              | JP        |     540000 | PA      | $546732.29    | 0.21%             | 2026-09-08      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Japan Bank for International Cooperation                                                           | JPN BANK FOR INT'L COOP 3.875000% 09/16/2025                            | CUSIP: 471048CT3<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |     240000 | PA      | $239934.45    | 0.09%             | 2025-09-16      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| OI European Group B.V.                                                                             | OI EUROPEAN GROUP BV 144A 4.750000% 02/15/2030                          | CUSIP: 67777LAD5<br>LEI: 72450053F5WRDY8CDZ66 | Long             | DBT              | NUSS              | US        |    1319000 | PA      | $1247384.50   | 0.48%             | 2030-02-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                           | FX Forward Contract: USD/CAD SETTLE 2025-09-03                          | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |          1 | NC      | $-36086.04    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                                         | GINNIE MAE II POOL G2 MA7986                                            | CUSIP: 36179W2T4<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    1410317 | PA      | $1155724.87   | 0.44%             | 2052-04-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION ENERGY GENERATION, LLC                                                               | CONSTELLATION ENERGY GENERATION LLC 6.125000% 01/15/2034                | CUSIP: 210385AD2<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |     341000 | PA      | $369876.23    | 0.14%             | 2034-01-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATURAL RESOURCES LIMITED                                                                 | CANADIAN NATURAL RESOURCES LTD 2.950000% 07/15/2030                     | CUSIP: 136385BA8<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | NUSS              | CA        |     193000 | PA      | $179925.48    | 0.07%             | 2030-07-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Universal Music Group N.V.                                                                         | UNIVERSAL MUSIC GROUP NV MTN 3.750000% 06/30/2032                       | CUSIP: N/A<br>LEI: 724500GJBUL3D9TW9Y18       | Long             | DBT              | NUSS              | NL        |     503000 | PA      | $599391.30    | 0.23%             | 2032-06-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Deutsche Bahn Aktiengesellschaft                                                                   | DEUTSCHE BAHN AG MTN 1.125000% 05/29/2051                               | CUSIP: N/A<br>LEI: 52990063S23N13HU4E98       | Long             | DBT              | NUSS              | DE        |    1128000 | PA      | $706886.96    | 0.27%             | 2051-05-29      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| Piraeus Bank SA                                                                                    | PIRAEUS BANK SA MTN 4.625000% 07/17/2029                                | CUSIP: N/A<br>LEI: 213800OYHR1MPQ5VJL60       | Long             | DBT              | NUSS              | GR        |     495000 | PA      | $606155.89    | 0.23%             | 2029-07-17      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| HEXCEL CORPORATION                                                                                 | HEXCEL CORP 4.200000% 02/15/2027                                        | CUSIP: 428291AN8<br>LEI: S6Q7LW43WUBUHXY2QP69 | Long             | DBT              | CORP              | US        |     548000 | PA      | $544400.92    | 0.21%             | 2027-02-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| FLUTTER TREASURY DESIGNATED ACTIVITY COMPANY                                                       | FLUTTER TREASURY DAC 5.000000% 04/29/2029                               | CUSIP: N/A<br>LEI: 635400JE8VLL9UFVIC38       | Long             | DBT              | NUSS              | IE        |     500000 | PA      | $603310.75    | 0.23%             | 2029-04-29      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OCEANEERING INTERNATIONAL, INC.                                                                    | OCEANEERING INTERNATIONAL INC 6.000000% 02/01/2028                      | CUSIP: 675232AB8<br>LEI: 549300L6PH74701W0R30 | Long             | DBT              | CORP              | US        |     650000 | PA      | $656731.40    | 0.25%             | 2028-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BANK OF IRELAND GROUP PUBLIC LIMITED COMPANY                                                       | BANK OF IRELAND GROUP PLC MTN 5.000000% 07/04/2031                      | CUSIP: G0756RBH1<br>LEI: 635400C8EK6DRI12LJ39 | Long             | DBT              | NUSS              | IE        |     430000 | PA      | $545192.54    | 0.21%             | 2031-07-04      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United Kingdom of Great Britain and Northern Ireland                                               | UNITED KINGDOM GILT 1.125000% 01/31/2039                                | CUSIP: N/A<br>LEI: ECTRVYYCEF89VWYS6K36       | Long             | DBT              | NUSS              | GB        |    5388922 | PA      | $4539383.40   | 1.74%             | 2039-01-31      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| HOLCIM FINANCE (Luxembourg) S.A.                                                                   | HOLCIM FINANCE LUXEMBOURG SA MTN 0.500000% 11/29/2026                   | CUSIP: N/A<br>LEI: 529900XU3Z9D2HLBR716       | Long             | DBT              | NUSS              | CH        |     201000 | PA      | $230166.47    | 0.09%             | 2026-11-29      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| Estados Unidos Mexicanos                                                                           | UNITED MEXICAN STATES 5.400000% 02/09/2028                              | CUSIP: 91087BAU4<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     207000 | PA      | $210632.85    | 0.08%             | 2028-02-09      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS COMPANY LLC                                                                      | VISTRA OPERATIONS CO LLC 144A 3.700000% 01/30/2027                      | CUSIP: 92840VAG7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     111000 | PA      | $109935.47    | 0.04%             | 2027-01-30      | Fixed         | 3.70%                 | Yes           |                  2 | On Loan: No      |
| MINERAL RESOURCES LIMITED                                                                          | MINERAL RESOURCES LTD MTN 8.000000% 11/01/2027                          | CUSIP: 603051AC7<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | NUSS              | AU        |     633000 | PA      | $644284.49    | 0.25%             | 2027-11-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                                                           | US TREASURY N/B 1.375000% 11/15/2031                                    | CUSIP: 91282CDJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    5232000 | PA      | $4520979.36   | 1.73%             | 2031-11-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| AGILENT TECHNOLOGIES, INC.                                                                         | AGILENT TECHNOLOGIES INC 2.750000% 09/15/2029                           | CUSIP: 00846UAL5<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | DBT              | CORP              | US        |     572000 | PA      | $541353.46    | 0.21%             | 2029-09-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                              | FANNIE MAE POOL FN MA4254                                               | CUSIP: 31418DWQ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     485782 | PA      | $366946.37    | 0.14%             | 2051-02-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST, INC.                                                                      | STARWOOD PROPERTY TRUST INC 144A 3.625000% 07/15/2026                   | CUSIP: 85571BAU9<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |     800000 | PA      | $787762.24    | 0.30%             | 2026-07-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| MSCI INC.                                                                                          | MSCI INC 144A 3.625000% 09/01/2030                                      | CUSIP: 55354GAK6<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |      69000 | PA      | $65783.97     | 0.03%             | 2030-09-01      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| Bundesrepublik Deutschland                                                                         | BUNDESREPUB. DEUTSCHLAND 0.000000% 08/15/2052                           | CUSIP: D14458AU3<br>LEI: 529900AQBND3S6YJLY83 | Long             | DBT              | NUSS              | DE        |       7000 | PA      | $3436.13      | 0.00%             | 2052-08-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Telefonaktiebolaget LM Ericsson                                                                    | TELEFONAKTIEBOLAGET LM ERICSSON MTN 1.125000% 02/08/2027                | CUSIP: N/A<br>LEI: 549300W9JLPW15XIFM52       | Long             | DBT              | NUSS              | SE        |     468000 | PA      | $536076.63    | 0.20%             | 2027-02-08      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                                        | FREDDIE MAC POOL FR RA6622                                              | CUSIP: 3133KNLB7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    1083777 | PA      | $910978.42    | 0.35%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| H. LUNDBECK A/S                                                                                    | H LUNDBECK A/S MTN 0.875000% 10/14/2027                                 | CUSIP: N/A<br>LEI: 5493006R4KC2OI5D3470       | Long             | DBT              | NUSS              | DK        |     529000 | PA      | $595354.29    | 0.23%             | 2027-10-14      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE SA                                                                                | SOCIETE GENERALE SA 144A 4.250000% 08/19/2026                           | CUSIP: 83368JKF6<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | NUSS              | FR        |     759000 | PA      | $756243.32    | 0.29%             | 2026-08-19      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| NOBLE FINANCE II LLC                                                                               | NOBLE FINANCE II LLC 144A 8.000000% 04/15/2030                          | CUSIP: 65505PAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     650000 | PA      | $672941.10    | 0.26%             | 2030-04-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| MERITAGE HOMES CORPORATION                                                                         | MERITAGE HOMES CORP 5.125000% 06/06/2027                                | CUSIP: 59001ABA9<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |     526000 | PA      | $529102.35    | 0.20%             | 2027-06-06      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Japan                                                                                              | JAPAN (30 YEAR ISSUE) 1.200000% 06/20/2053                              | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        |  447050000 | PA      | $1972915.57   | 0.75%             | 2053-06-20      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| STEELCASE INC.                                                                                     | STEELCASE INC 5.125000% 01/18/2029                                      | CUSIP: 858155AE4<br>LEI: GIE4CCPBJDI8SMV1OX95 | Long             | DBT              | CORP              | US        |     577000 | PA      | $574490.05    | 0.22%             | 2029-01-18      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Acciona Energia Financiacion Filiales, S.A.U.                                                      | ACCIONA ENERGIA FINANCIACION FILIALES SA MTN 3.750000% 04/25/2030       | CUSIP: E0R109EB6<br>LEI: 254900CO48EPLIMJDK17 | Long             | DBT              | NUSS              | ES        |     200000 | PA      | $240354.07    | 0.09%             | 2030-04-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| FOX CORPORATION                                                                                    | FOX CORP 6.500000% 10/13/2033                                           | CUSIP: 35137LAN5<br>LEI: 549300DDU6FDRBIELS05 | Long             | DBT              | CORP              | US        |     285000 | PA      | $310236.67    | 0.12%             | 2033-10-13      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                                        | FX Forward Contract: EUR/USD SETTLE 2025-09-03                          | CUSIP: N/A<br>LEI: 74KKBLHM4AWY05GPNY79       | N/A              | DFE              |  | XX        |          1 | NC      | $-4116.94     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| State of Israel                                                                                    | ISRAEL GOVERNMENT INTERNATIONAL BOND MTN 5.000000% 10/30/2026           | CUSIP: N/A<br>LEI: 213800T8ZHTFZIBYPE21       | Long             | DBT              | NUSS              | IL        |     340000 | PA      | $409899.15    | 0.16%             | 2026-10-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLOCK FINANCIAL LLC                                                                                | BLOCK FINANCIAL LLC 2.500000% 07/15/2028                                | CUSIP: 093662AJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     530000 | PA      | $501860.62    | 0.19%             | 2028-07-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| COMMERZBANK Aktiengesellschaft.                                                                    | COMMERZBANK AG MTN 3.375000% 12/12/2025                                 | CUSIP: N/A<br>LEI: 851WYGNLUQLFZBSYGB56       | Long             | DBT              | NUSS              | DE        |     312000 | PA      | $366517.60    | 0.14%             | 2025-12-12      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Royaume de Belgique                                                                                | KINGDOM OF BELGIUM GOVERNMENT BOND 144A 2.750000% 04/22/2039            | CUSIP: N/A<br>LEI: 549300SZ25JZFHRHWD76       | Long             | DBT              | NUSS              | BE        |    2833000 | PA      | $3000772.08   | 1.15%             | 2039-04-22      | Fixed         | 2.75%                 | Yes           |                  2 | On Loan: No      |
| Japan                                                                                              | JAPAN (10 YEAR ISSUE) 0.600000% 12/20/2033                              | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        |  157400000 | PA      | $999956.72    | 0.38%             | 2033-12-20      | Fixed         | 0.60%                 | No            |                  2 | On Loan: No      |
| ROLLS-ROYCE PLC                                                                                    | ROLLS-ROYCE PLC MTN 1.625000% 05/09/2028                                | CUSIP: N/A<br>LEI: X57JK1U580XATGR67572       | Long             | DBT              | NUSS              | GB        |     260000 | PA      | $296585.82    | 0.11%             | 2028-05-09      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                                                                                 | ROYALTY PHARMA PLC 5.400000% 09/02/2034                                 | CUSIP: 78081BAR4<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | NUSS              | US        |     160000 | PA      | $162035.96    | 0.06%             | 2034-09-02      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| VONTIER CORPORATION                                                                                | VONTIER CORP 2.400000% 04/01/2028                                       | CUSIP: 928881AD3<br>LEI: 549300VVSQLG4P5K4639 | Long             | DBT              | CORP              | US        |     460000 | PA      | $437203.41    | 0.17%             | 2028-04-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| HOLCIM FINANCE (Luxembourg) S.A.                                                                   | HOLCIM FINANCE LUXEMBOURG SA MTN 0.125000% 07/19/2027                   | CUSIP: N/A<br>LEI: 529900XU3Z9D2HLBR716       | Long             | DBT              | NUSS              | CH        |     353000 | PA      | $396146.33    | 0.15%             | 2027-07-19      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| EUROFINS SCIENTIFIC SE                                                                             | EUROFINS SCIENTIFIC SE 4.000000% 07/06/2029                             | CUSIP: N/A<br>LEI: 529900JEHFM47DYY3S57       | Long             | DBT              | NUSS              | LU        |     101000 | PA      | $121941.12    | 0.05%             | 2029-07-06      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VERISIGN, INC.                                                                                     | VERISIGN INC 2.700000% 06/15/2031                                       | CUSIP: 92343EAM4<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | DBT              | CORP              | US        |     627000 | PA      | $565120.70    | 0.22%             | 2031-06-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING, LLC                                                              | CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COM 5.050000% 03/30/2029 | CUSIP: 161175BR4<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |     646000 | PA      | $656103.29    | 0.25%             | 2029-03-30      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                              | FANNIE MAE POOL FN MA5164                                               | CUSIP: 31418EW22<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     257839 | PA      | $255046.43    | 0.10%             | 2053-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Banque africaine de developpement                                                                  | AFRICAN DEVELOPMENT BANK 4.625000% 01/04/2027                           | CUSIP: 00828EEY1<br>LEI: 549300LNCLMO3ITVCU07 | Long             | DBT              | NUSS              | XX        |     866000 | PA      | $875022.98    | 0.33%             | 2027-01-04      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Repubblica Italiana                                                                                | ITALY BUONI POLIENNALI DEL TESORO 144A 2.150000% 03/01/2072             | CUSIP: N/A<br>LEI: 815600DE60799F5A9309       | Long             | DBT              | NUSS              | IT        |    1395000 | PA      | $924805.83    | 0.35%             | 2072-03-01      | Fixed         | 2.15%                 | Yes           |                  2 | On Loan: No      |
| CENTENE CORPORATION                                                                                | CENTENE CORP 4.625000% 12/15/2029                                       | CUSIP: 15135BAT8<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |     415000 | PA      | $399694.05    | 0.15%             | 2029-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| EUROBANK S.A.                                                                                      | EUROBANK SA MTN 4.000000% 09/24/2030                                    | CUSIP: N/A<br>LEI: 213800KGF4EFNUQKAT69       | Long             | DBT              | NUSS              | GR        |     512000 | PA      | $618369.41    | 0.24%             | 2030-09-24      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Landwirtschaftliche Rentenbank                                                                     | LANDWIRTSCHAFTLICHE RENTENBANK MTN 0.100000% 03/08/2027                 | CUSIP: N/A<br>LEI: 529900Z3J0N6S0F7CT25       | Long             | DBT              | NUSS              | DE        |     541000 | PA      | $615060.33    | 0.24%             | 2027-03-08      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                              | FANNIE MAE POOL FN CB2638                                               | CUSIP: 3140QM4Y7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    1595172 | PA      | $1340851.09   | 0.51%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BELO CORP.                                                                                         | BELO CORP 7.750000% 06/01/2027                                          | CUSIP: 080555AE5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     387000 | PA      | $401516.37    | 0.15%             | 2027-06-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| State of Israel                                                                                    | ISRAEL GOVERNMENT INTERNATIONAL BOND MTN 6.500000% 11/06/2031           | CUSIP: N/A<br>LEI: 213800T8ZHTFZIBYPE21       | Long             | DBT              | NUSS              | IL        |     212000 | PA      | $229951.98    | 0.09%             | 2031-11-06      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                              | FANNIE MAE POOL FN MA4325                                               | CUSIP: 31418DYX4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    1470584 | PA      | $1176851.56   | 0.45%             | 2051-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL GRID PLC                                                                                  | NATIONAL GRID PLC 5.602000% 06/12/2028                                  | CUSIP: 636274AD4<br>LEI: 8R95QZMKZLJX5Q2XR704 | Long             | DBT              | NUSS              | GB        |     669000 | PA      | $692390.04    | 0.26%             | 2028-06-12      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Wabtec Transportation Netherlands B.V.                                                             | WABTEC TRANSPORTATION NETHERLANDS BV 1.250000% 12/03/2027               | CUSIP: N/A<br>LEI: 213800W8WKL7DR8NFE48       | Long             | DBT              | NUSS              | US        |     306000 | PA      | $347012.33    | 0.13%             | 2027-12-03      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| EPR PROPERTIES                                                                                     | EPR PROPERTIES 4.950000% 04/15/2028                                     | CUSIP: 26884UAE9<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              | CORP              | US        |     540000 | PA      | $542934.81    | 0.21%             | 2028-04-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| WESTERN DIGITAL CORPORATION                                                                        | WESTERN DIGITAL CORP 2.850000% 02/01/2029                               | CUSIP: 958102AQ8<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |     570000 | PA      | $535396.21    | 0.20%             | 2029-02-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| GOODMAN US FINANCE THREE, LLC                                                                      | GOODMAN US FINANCE THREE LLC 144A 3.700000% 03/15/2028                  | CUSIP: 38239JAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | AU        |     566000 | PA      | $558043.18    | 0.21%             | 2028-03-15      | Fixed         | 3.70%                 | Yes           |                  2 | On Loan: No      |
| DYNO NOBEL FINANCE LLC                                                                             | DYNO NOBEL INC MTN 3.950000% 08/03/2027                                 | CUSIP: N/A<br>LEI: 254900VDS9XIRCPN4X37       | Long             | DBT              | NUSS              | AU        |     200000 | PA      | $197517.82    | 0.08%             | 2027-08-03      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                                             | ASIAN DEVELOPMENT BANK MTN 3.125000% 08/20/2027                         | CUSIP: 045167FP3<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |     250000 | PA      | $247377.88    | 0.09%             | 2027-08-20      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                              | FANNIE MAE POOL FN MA5140                                               | CUSIP: 31418EWA4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     144835 | PA      | $150615.20    | 0.06%             | 2053-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Reino de Espana                                                                                    | SPAIN GOVERNMENT BOND 144A 1.450000% 10/31/2071                         | CUSIP: N/A<br>LEI: 9598007A56S18711AH60       | Long             | DBT              | NUSS              | ES        |       1000 | PA      | $510.27       | 0.00%             | 2071-10-31      | Fixed         | 1.45%                 | Yes           |                  2 | On Loan: No      |
| HERCULES CAPITAL, INC.                                                                             | HERCULES CAPITAL INC 2.625000% 09/16/2026                               | CUSIP: 427096AH5<br>LEI: 549300UJ5OC256GR2B73 | Long             | DBT              | CORP              | US        |     594000 | PA      | $580493.71    | 0.22%             | 2026-09-16      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                              | FANNIE MAE POOL FN MA4842                                               | CUSIP: 31418ELY4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    1120610 | PA      | $1133438.70   | 0.43%             | 2052-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FINANCE (USA) PLC                                                                        | RIO TINTO FINANCE USA PLC 5.000000% 03/09/2033                          | CUSIP: 76720AAN6<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | NUSS              | AU        |     349000 | PA      | $356404.82    | 0.14%             | 2033-03-09      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH32 TREASURY LIMITED                                                                           | SOUTH32 TREASURY LTD 144A 4.350000% 04/14/2032                          | CUSIP: 84055BAA1<br>LEI: 213800HFGZMXST64GP53 | Long             | DBT              | NUSS              | AU        |     137000 | PA      | $130731.61    | 0.05%             | 2032-04-14      | Fixed         | 4.35%                 | Yes           |                  2 | On Loan: No      |
| IPSEN SA                                                                                           | IPSEN SA 3.875000% 03/25/2032                                           | CUSIP: F5362HQJ9<br>LEI: 549300M6SGDPB4Z94P11 | Long             | DBT              | NUSS              | FR        |     400000 | PA      | $471165.52    | 0.18%             | 2032-03-25      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| LBBW Berlin Beteiligungs-AG                                                                        | LANDESBANK BADEN-WUERTTEMBERG MTN 0.010000% 01/27/2031                  | CUSIP: N/A<br>LEI: 529900C4RSSBWXBSY931       | Long             | DBT              | NUSS              | DE        |     689000 | PA      | $700599.45    | 0.27%             | 2031-01-27      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| MASTEC, INC.                                                                                       | MASTEC INC 5.900000% 06/15/2029                                         | CUSIP: 576323AT6<br>LEI: 549300TMDIT8WREDOF45 | Long             | DBT              | CORP              | US        |     109000 | PA      | $113853.99    | 0.04%             | 2029-06-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| ERG S.P.A.                                                                                         | ERG SPA MTN 0.500000% 09/11/2027                                        | CUSIP: N/A<br>LEI: 8156004604684CA44A90       | Long             | DBT              | NUSS              | IT        |     534000 | PA      | $599734.56    | 0.23%             | 2027-09-11      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                                                           | US TREASURY N/B 1.875000% 11/15/2051                                    | CUSIP: 912810TB4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     362800 | PA      | $197442.56    | 0.08%             | 2051-11-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| THE BANK OF NOVA SCOTIA                                                                            | BANK OF NOVA SCOTIA/THE 0.010000% 01/14/2027                            | CUSIP: N/A<br>LEI: L3I9ZG2KFGXZ61BMYR72       | Long             | DBT              | NUSS              | CA        |     882000 | PA      | $1002888.57   | 0.38%             | 2027-01-14      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| KBC GROEP NV                                                                                       | KBC GROUP NV 144A 6.324000% 09/21/2034                                  | CUSIP: 48241FAC8<br>LEI: 213800X3Q9LSAKRUWY91 | Long             | DBT              | NUSS              | BE        |     400000 | PA      | $433152.04    | 0.17%             | 2034-09-21      | Fixed         | 6.32%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                              | FANNIE MAE POOL FN MA4437                                               | CUSIP: 31418D4X7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    1420943 | PA      | $1135094.08   | 0.43%             | 2051-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SYDBANK A/S                                                                                        | SYDBANK AS MTN 5.125000% 09/06/2028                                     | CUSIP: N/A<br>LEI: GP5DT10VX1QRQUKVBK64       | Long             | DBT              | NUSS              | DK        |     482000 | PA      | $591776.19    | 0.23%             | 2028-09-06      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| PVH CORP.                                                                                          | PVH CORP 3.125000% 12/15/2027                                           | CUSIP: N/A<br>LEI: 123WALMHY1GZXG2YDL90       | Long             | DBT              | NUSS              | US        |     563000 | PA      | $661844.64    | 0.25%             | 2027-12-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Empresa de los Ferrocarriles del Estado                                                            | EMPRESA DE LOS FERROCARRILES DEL ESTADO 3.830000% 09/14/2061            | CUSIP: P3742RAX8<br>LEI: 8755006LY8XNRFOGWN86 | Long             | DBT              | NUSS              | CL        |     237000 | PA      | $156724.35    | 0.06%             | 2061-09-14      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| BHP BILLITON FINANCE LIMITED                                                                       | BHP BILLITON FINANCE LTD MTN 1.500000% 04/29/2030                       | CUSIP: N/A<br>LEI: 549300KZMIS43NMT0A66       | Long             | DBT              | NUSS              | AU        |     292000 | PA      | $320325.62    | 0.12%             | 2030-04-29      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| PERENTI FINANCE PTY LTD                                                                            | PERENTI FINANCE PTY LTD 144A 7.500000% 04/26/2029                       | CUSIP: 71367VAB5<br>LEI: 894500ZDIIAOXSQHE612 | Long             | DBT              | NUSS              | AU        |    1229000 | PA      | $1282768.75   | 0.49%             | 2029-04-26      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Deutsche Bank Aktiengesellschaft                                                                   | DEUTSCHE BANK AG MTN 0.010000% 10/02/2029                               | CUSIP: N/A<br>LEI: 7LTWFZYICNSX8D621K86       | Long             | DBT              | NUSS              | DE        |     226000 | PA      | $238813.95    | 0.09%             | 2029-10-02      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN, INC.                                                                                | BROWN & BROWN INC 5.650000% 06/11/2034                                  | CUSIP: 115236AG6<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |     134000 | PA      | $137430.52    | 0.05%             | 2034-06-11      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| DCC GROUP FINANCE (IRELAND) DESIGNATED ACTIVITY COMPANY                                            | DCC GROUP FINANCE IRELAND DAC MTN 4.375000% 06/27/2031                  | CUSIP: N/A<br>LEI: 213800SOAP5DXWP6BS88       | Long             | DBT              | NUSS              | GB        |     477000 | PA      | $577572.97    | 0.22%             | 2031-06-27      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                              | FANNIE MAE POOL FN CB6874                                               | CUSIP: 3140QST84<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     427765 | PA      | $440711.46    | 0.17%             | 2053-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Tele2 AB                                                                                           | TELE2 AB MTN 3.750000% 11/22/2029                                       | CUSIP: N/A<br>LEI: 213800EKD193RVI9HL76       | Long             | DBT              | NUSS              | SE        |     535000 | PA      | $645648.00    | 0.25%             | 2029-11-22      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                              | FANNIE MAE POOL FN MA4895                                               | CUSIP: 31418ENM8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     512905 | PA      | $532742.52    | 0.20%             | 2053-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                                        | BANK OF AMERICA CORP MTN 3.485000% 03/10/2034                           | CUSIP: U0662LPA1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | NUSS              | US        |     120000 | PA      | $140172.35    | 0.05%             | 2034-03-10      | Fixed         | 3.48%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                                | N/A                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | CN        |  172765000 | NC      | $-213794.07   | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                                        | FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CE FHMS K126 A1         | CUSIP: 3137FFYP6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     285425 | PA      | $270967.47    | 0.10%             | 2030-10-25      | Fixed         | 1.32%                 | No            |                  2 | On Loan: No      |
| ANTERO RESOURCES CORPORATION                                                                       | ANTERO RESOURCES CORP 144A 7.625000% 02/01/2029                         | CUSIP: 03674XAQ9<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | DBT              | CORP              | US        |     524000 | PA      | $534464.28    | 0.20%             | 2029-02-01      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| CINTAS CORPORATION NO. 2                                                                           | CINTAS CORP NO 2 3.700000% 04/01/2027                                   | CUSIP: 17252MAN0<br>LEI: 549300QVUQTTKMTE0G41 | Long             | DBT              | CORP              | US        |     281000 | PA      | $279529.37    | 0.11%             | 2027-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Republica de Chile                                                                                 | REPUBLIC OF CHILE 1.250000% 01/22/2051                                  | CUSIP: N/A<br>LEI: 549300FLZTJM5YJF8D34       | Long             | DBT              | NUSS              | CL        |     457000 | PA      | $289390.69    | 0.11%             | 2051-01-22      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                              | FANNIE MAE POOL FN MA4841                                               | CUSIP: 31418ELX6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     105259 | PA      | $104254.23    | 0.04%             | 2052-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pentair Finance S.a r.l.                                                                           | PENTAIR FINANCE SARL 5.900000% 07/15/2032                               | CUSIP: 709629AS8<br>LEI: 549300H2U8U8TZPV3T89 | Long             | DBT              | NUSS              | US        |      34000 | PA      | $35836.50     | 0.01%             | 2032-07-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Province of British Columbia                                                                       | BRITISH COLUMBIA PROV OF 4.800000% 11/15/2028                           | CUSIP: 110709AJ1<br>LEI: 54930058TO7MEKUHWL16 | Long             | DBT              | NUSS              | CA        |     802000 | PA      | $827023.19    | 0.32%             | 2028-11-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| ESSENT GROUP LTD                                                                                   | ESSENT GROUP LTD 6.250000% 07/01/2029                                   | CUSIP: 29669JAA7<br>LEI: 254900QUO860OUT6ZF83 | Long             | DBT              | NUSS              | US        |     358000 | PA      | $375499.23    | 0.14%             | 2029-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                                   | PARAMOUNT GLOBAL 4.200000% 06/01/2029                                   | CUSIP: 124857AZ6<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |      55000 | PA      | $54190.72     | 0.02%             | 2029-06-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Japan                                                                                              | JAPAN (10 YEAR ISSUE) 0.400000% 06/20/2033                              | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        |   11600000 | PA      | $73110.27     | 0.03%             | 2033-06-20      | Fixed         | 0.40%                 | No            |                  2 | On Loan: No      |
| NORTHERN STAR RESOURCES LTD                                                                        | NORTHERN STAR RESOURCES LTD 144A 6.125000% 04/11/2033                   | CUSIP: 66573RAA6<br>LEI: 254900XFXCRYYZAX6M78 | Long             | DBT              | NUSS              | AU        |     321000 | PA      | $335893.50    | 0.13%             | 2033-04-11      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| ENEL Finance International N.V.                                                                    | ENEL FINANCE INTERNATIONAL NV 144A 5.000000% 06/15/2032                 | CUSIP: 29278GAX6<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | NUSS              | IT        |     657000 | PA      | $664360.27    | 0.25%             | 2032-06-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| SMITH & NEPHEW PLC                                                                                 | SMITH & NEPHEW PLC 5.400000% 03/20/2034                                 | CUSIP: 83192PAD0<br>LEI: 213800ZTMDN8S67S1H61 | Long             | DBT              | NUSS              | GB        |     539000 | PA      | $551577.99    | 0.21%             | 2034-03-20      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| HELLA GmbH & Co. KGaA                                                                              | HELLA GMBH & CO KGAA 0.500000% 01/26/2027                               | CUSIP: N/A<br>LEI: 529900PLX4ADJFWIY024       | Long             | DBT              | NUSS              | DE        |     659000 | PA      | $740960.81    | 0.28%             | 2027-01-26      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| ESSENTIAL PROPERTIES, L.P.                                                                         | ESSENTIAL PROPERTIES LP 2.950000% 07/15/2031                            | CUSIP: 29670VAA7<br>LEI: 254900XX9FNFCDE1NX02 | Long             | DBT              | CORP              | US        |      21000 | PA      | $18892.30     | 0.01%             | 2031-07-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| AKER BP ASA                                                                                        | AKER BP ASA 144A 5.600000% 06/13/2028                                   | CUSIP: 00973RAL7<br>LEI: 549300NFTY73920OYK69 | Long             | DBT              | NUSS              | NO        |     338000 | PA      | $349844.67    | 0.13%             | 2028-06-13      | Fixed         | 5.60%                 | Yes           |                  2 | On Loan: No      |
| United Kingdom of Great Britain and Northern Ireland                                               | UNITED KINGDOM GILT 1.125000% 10/22/2073                                | CUSIP: N/A<br>LEI: ECTRVYYCEF89VWYS6K36       | Long             | DBT              | NUSS              | GB        |    2298000 | PA      | $935874.83    | 0.36%             | 2073-10-22      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                                           | LLOYDS BANKING GROUP PLC 4.976000% 08/11/2033                           | CUSIP: 53944YAU7<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | NUSS              | GB        |     430000 | PA      | $431121.78    | 0.16%             | 2033-08-11      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| 3I GROUP PLC                                                                                       | 3I GROUP PLC 4.875000% 06/14/2029                                       | CUSIP: N/A<br>LEI: 35GDVHRBMFE7NWATNM84       | Long             | DBT              | NUSS              | GB        |     524000 | PA      | $649271.59    | 0.25%             | 2029-06-14      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Acciona Energia Financiacion Filiales, S.A.U.                                                      | ACCIONA ENERGIA FINANCIACION FILIALES SA MTN 1.375000% 01/26/2032       | CUSIP: E0R109AN4<br>LEI: 254900CO48EPLIMJDK17 | Long             | DBT              | NUSS              | ES        |     200000 | PA      | $205288.74    | 0.08%             | 2032-01-26      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                                         | GINNIE MAE II POOL G2 MA9016                                            | CUSIP: 36179YAR5<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    1207499 | PA      | $1198169.29   | 0.46%             | 2053-07-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FRESENIUS MEDICAL CARE US FINANCE III, INC.                                                        | FRESENIUS MEDICAL CARE US FINANCE III INC 144A 1.875000% 12/01/2026     | CUSIP: 35805BAC2<br>LEI: 5299006ZHLMXOOUVTU44 | Long             | DBT              | CORP              | DE        |     663000 | PA      | $640320.72    | 0.24%             | 2026-12-01      | Fixed         | 1.88%                 | Yes           |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                                             | ASIAN DEVELOPMENT BANK MTN 4.250000% 01/09/2026                         | CUSIP: 045167FU2<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |     888000 | PA      | $887998.57    | 0.34%             | 2026-01-09      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Repubblica Italiana                                                                                | BUONI POLIENNALI DEL TES 3.850000% 07/01/2034                           | CUSIP: N/A<br>LEI: 815600DE60799F5A9309       | Long             | DBT              | NUSS              | IT        |    2467000 | PA      | $2984828.43   | 1.14%             | 2034-07-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                              | FANNIE MAE POOL FN MA4577                                               | CUSIP: 31418ECP3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    1487833 | PA      | $1186657.86   | 0.45%             | 2052-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| INTER AMERICAN DEVELOPMENT BANK                                                                    | INTER-AMERICAN DEVELOPMENT BANK MTN 3.500000% 09/14/2029                | CUSIP: 4581X0EF1<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |      16000 | PA      | $15888.22     | 0.01%             | 2029-09-14      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Koninkrijk der Nederlanden                                                                         | NETHERLANDS GOVERNMENT BOND 144A 2.000000% 01/15/2054                   | CUSIP: N/A<br>LEI: 254900G14ALGVKORFN62       | Long             | DBT              | NUSS              | NL        |     672000 | PA      | $575974.85    | 0.22%             | 2054-01-15      | Fixed         | 2.00%                 | Yes           |                  2 | On Loan: No      |
| BWX TECHNOLOGIES, INC.                                                                             | BWX TECHNOLOGIES INC 144A 4.125000% 04/15/2029                          | CUSIP: 05605HAC4<br>LEI: 549300NP85N265KWMS58 | Long             | DBT              | CORP              | US        |    1430000 | PA      | $1376226.71   | 0.53%             | 2029-04-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                              | FANNIE MAE POOL FN MA4785                                               | CUSIP: 31418EJ76<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    1124997 | PA      | $1114782.82   | 0.43%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Deutsche Kreditbank Aktiengesellschaft                                                             | DEUTSCHE KREDITBANK AG 3.000000% 01/31/2035                             | CUSIP: N/A<br>LEI: 529900K16YGKC8BES892       | Long             | DBT              | NUSS              | DE        |     200000 | PA      | $234605.87    | 0.09%             | 2035-01-31      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| EXPAND ENERGY CORPORATION                                                                          | EXPAND ENERGY CORP 4.750000% 02/01/2032                                 | CUSIP: 845467AT6<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |     586000 | PA      | $570373.49    | 0.22%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GACI First Investment Company                                                                      | GACI FIRST INVESTMENT CO 5.375000% 10/13/2122                           | CUSIP: N/A<br>LEI: 558600TU1PWGNLZ3XM88       | Long             | DBT              | NUSS              | SA        |     202000 | PA      | $171919.90    | 0.07%             | 2122-10-13      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Naturgy Finance Iberia S.A                                                                         | NATURGY FINANCE IBERIA SA MTN 3.625000% 10/02/2034                      | CUSIP: N/A<br>LEI: 2138005FTXOJUBQ5J563       | Long             | DBT              | NUSS              | ES        |     500000 | PA      | $580868.71    | 0.22%             | 2034-10-02      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                              | FANNIE MAE POOL FN MA5108                                               | CUSIP: 31418EVA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     850138 | PA      | $869985.02    | 0.33%             | 2053-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PILGRIM'S PRIDE CORPORATION                                                                        | PILGRIM'S PRIDE CORP 4.250000% 04/15/2031                               | CUSIP: 72147KAJ7<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |     644000 | PA      | $620236.98    | 0.24%             | 2031-04-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Compass Group Finance Netherlands B.V.                                                             | COMPASS GROUP FINANCE NETHERLANDS BV MTN 1.500000% 09/05/2028           | CUSIP: N/A<br>LEI: 213800YZZX39WY5G7M06       | Long             | DBT              | NUSS              | GB        |     499000 | PA      | $567481.09    | 0.22%             | 2028-09-05      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| HERCULES CAPITAL, INC.                                                                             | HERCULES CAPITAL INC 3.375000% 01/20/2027                               | CUSIP: 427096AJ1<br>LEI: 549300UJ5OC256GR2B73 | Long             | DBT              | CORP              | US        |      35000 | PA      | $34171.67     | 0.01%             | 2027-01-20      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| OVINTIV INC.                                                                                       | OVINTIV INC 8.125000% 09/15/2030                                        | CUSIP: 012873AH8<br>LEI: 2549003MEX7YMKLGI239 | Long             | DBT              | CORP              | US        |     101000 | PA      | $115840.89    | 0.04%             | 2030-09-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| European Union                                                                                     | EUROPEAN UNION MTN 0.700000% 07/06/2051                                 | CUSIP: N/A<br>LEI: 529900FZRK8FGMPEOM08       | Long             | DBT              | NUSS              | XX        |    1056000 | PA      | $597076.04    | 0.23%             | 2051-07-06      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO.                                                                               | TRAVEL + LEISURE CO 144A 6.625000% 07/31/2026                           | CUSIP: 98310WAS7<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |     775000 | PA      | $781478.23    | 0.30%             | 2026-07-31      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Province de Quebec                                                                                 | PROVINCE OF QUEBEC 4.400000% 12/01/2055                                 | CUSIP: 74814ZFQ1<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | NUSS              | CA        |    1349000 | PA      | $935218.92    | 0.36%             | 2055-12-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| APTARGROUP, INC.                                                                                   | APTARGROUP INC 3.600000% 03/15/2032                                     | CUSIP: 038336AA1<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | DBT              | CORP              | US        |     452000 | PA      | $415186.57    | 0.16%             | 2032-03-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| AGREE LIMITED PARTNERSHIP                                                                          | AGREE LP 2.600000% 06/15/2033                                           | CUSIP: 008513AC7<br>LEI: 549300DXY3G299V1BO77 | Long             | DBT              | CORP              | US        |     114000 | PA      | $96637.76     | 0.04%             | 2033-06-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| NEWS CORPORATION                                                                                   | NEWS CORP 144A 3.875000% 05/15/2029                                     | CUSIP: 65249BAA7<br>LEI: 549300ITS31QK8VRBQ14 | Long             | DBT              | CORP              | US        |     244000 | PA      | $235618.14    | 0.09%             | 2029-05-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| JBS USA Holding Lux S.a r.l.                                                                       | JBS USA HOLDING LUX SARL/ JBS USA FOOD CO/ JBS LUX 3.625000% 01/15/2032 | CUSIP: 46590XAU0<br>LEI: RB8RC03FUD8DSX57C193 | Long             | DBT              | NUSS              | US        |     638000 | PA      | $588023.80    | 0.22%             | 2032-01-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| DT MIDSTREAM, INC.                                                                                 | DT MIDSTREAM INC 144A 4.125000% 06/15/2029                              | CUSIP: 23345MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     547000 | PA      | $531617.27    | 0.20%             | 2029-06-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| JACOBS ENGINEERING GROUP INC.                                                                      | JACOBS ENGINEERING GROUP INC 6.350000% 08/18/2028                       | CUSIP: 469814AB3<br>LEI: 549300CZ8QS1GE53O776 | Long             | DBT              | CORP              | US        |     486000 | PA      | $512382.36    | 0.20%             | 2028-08-18      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| NEWS CORPORATION                                                                                   | NEWS CORP 144A 5.125000% 02/15/2032                                     | CUSIP: 65249BAB5<br>LEI: 549300ITS31QK8VRBQ14 | Long             | DBT              | CORP              | US        |     328000 | PA      | $324222.16    | 0.12%             | 2032-02-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST, INC.                                                                      | STARWOOD PROPERTY TRUST INC 144A 6.000000% 04/15/2030                   | CUSIP: 85571BBC8<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |     273000 | PA      | $277382.47    | 0.11%             | 2030-04-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| BROADSTONE NET LEASE, LLC                                                                          | BROADSTONE NET LEASE LLC 2.600000% 09/15/2031                           | CUSIP: 11135EAA2<br>LEI: 54930089IBT6J4WBTI50 | Long             | DBT              | CORP              | US        |     438000 | PA      | $378301.77    | 0.14%             | 2031-09-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| NRW.BANK                                                                                           | NRW BANK MTN 2.875000% 04/05/2033                                       | CUSIP: N/A<br>LEI: 52990002O5KK6XOGJ020       | Long             | DBT              | NUSS              | DE        |      15000 | PA      | $17610.78     | 0.01%             | 2033-04-05      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| NETFLIX, INC.                                                                                      | NETFLIX INC 4.875000% 04/15/2028                                        | CUSIP: 64110LAS5<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |     571000 | PA      | $583996.95    | 0.22%             | 2028-04-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MATTEL, INC.                                                                                       | MATTEL INC 144A 5.875000% 12/15/2027                                    | CUSIP: 577081BD3<br>LEI: 549300VELLG24KHTJ564 | Long             | DBT              | CORP              | US        |     498000 | PA      | $499326.67    | 0.19%             | 2027-12-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| KfW                                                                                                | KREDITANSTALT FUER WIEDERAUFBAU MTN 2.500000% 11/19/2025                | CUSIP: N/A<br>LEI: 549300GDPG70E3MBBU98       | Long             | DBT              | NUSS              | DE        |    2067000 | PA      | $2421407.96   | 0.93%             | 2025-11-19      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| F&G GLOBAL FUNDING                                                                                 | F&G GLOBAL FUNDING 144A 2.000000% 09/20/2028                            | CUSIP: 30321L2C5<br>LEI: 6354009CCUKJIZ7KFX73 | Long             | DBT              | CORP              | US        |     588000 | PA      | $545403.11    | 0.21%             | 2028-09-20      | Fixed         | 2.00%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA RESOURCES CORPORATION                                                                   | CALIFORNIA RESOURCES CORP 144A 8.250000% 06/15/2029                     | CUSIP: 13057QAK3<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | DBT              | CORP              | US        |     916000 | PA      | $946389.22    | 0.36%             | 2029-06-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| BANCO BPM SOCIETA PER AZIONI                                                                       | BANCO BPM SPA MTN 6.000000% 01/21/2028                                  | CUSIP: N/A<br>LEI: 815600E4E6DCD2D25E30       | Long             | DBT              | NUSS              | IT        |     482000 | PA      | $588510.79    | 0.22%             | 2028-01-21      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| THE HERTZ CORPORATION                                                                              | HERTZ CORP/THE 144A 12.625000% 07/15/2029                               | CUSIP: 428040DC0<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |    1191000 | PA      | $1237691.96   | 0.47%             | 2029-07-15      | Fixed         | 12.62%                | Yes           |                  2 | On Loan: No      |
| FAIRFAX FINANCIAL HOLDINGS LIMITED                                                                 | FAIRFAX FINANCIAL HOLDINGS LTD 2.750000% 03/29/2028                     | CUSIP: N/A<br>LEI: GLS7OQD0WOEDI8YAP031       | Long             | DBT              | NUSS              | CA        |     514000 | PA      | $601522.83    | 0.23%             | 2028-03-29      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                                  | NATWEST GROUP PLC 6.475000% 06/01/2034                                  | CUSIP: 639057AP3<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | NUSS              | GB        |     200000 | PA      | $210062.27    | 0.08%             | 2034-06-01      | Fixed         | 6.47%                 | No            |                  2 | On Loan: No      |
| TRIMAS CORPORATION                                                                                 | TRIMAS CORP 144A 4.125000% 04/15/2029                                   | CUSIP: 896215AH3<br>LEI: 75G1WUQ8QK4P5MZOYD78 | Long             | DBT              | CORP              | US        |    1095000 | PA      | $1053748.07   | 0.40%             | 2029-04-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                           | FX Forward Contract: USD/GBP SETTLE 2025-09-03                          | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |          1 | NC      | $-118483.17   | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                                        | FREDDIE MAC POOL FR SL0226                                              | CUSIP: 31427MHC8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     254319 | PA      | $262286.63    | 0.10%             | 2055-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| M/I HOMES, INC.                                                                                    | M/I HOMES INC 3.950000% 02/15/2030                                      | CUSIP: 55305BAV3<br>LEI: 5299005M71FH9CCSFB69 | Long             | DBT              | CORP              | US        |     855000 | PA      | $804195.30    | 0.31%             | 2030-02-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Republica del Peru                                                                                 | REPUBLIC OF PERU 3.230000% 07/28/2121                                   | CUSIP: 715638DR0<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |     337000 | PA      | $178896.45    | 0.07%             | 2121-07-28      | Fixed         | 3.23%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                                  | NATWEST GROUP PLC 5.808000% 09/13/2029                                  | CUSIP: 639057AK4<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | NUSS              | GB        |     419000 | PA      | $437696.39    | 0.17%             | 2029-09-13      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| CARLISLE COMPANIES INCORPORATED                                                                    | CARLISLE COS INC 2.200000% 03/01/2032                                   | CUSIP: 142339AL4<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |      12000 | PA      | $10257.62     | 0.00%             | 2032-03-01      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION ENERGY GENERATION, LLC                                                               | CONSTELLATION ENERGY GENERATION LLC 5.800000% 03/01/2033                | CUSIP: 210385AC4<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |      72000 | PA      | $76575.29     | 0.03%             | 2033-03-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| IMPERIAL BRANDS FINANCE PLC                                                                        | IMPERIAL BRANDS FINANCE PLC 144A 6.125000% 07/27/2027                   | CUSIP: 45262BAF0<br>LEI: 2138008L3B3MCG1DFS50 | Long             | DBT              | NUSS              | GB        |     234000 | PA      | $241617.93    | 0.09%             | 2027-07-27      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Japan                                                                                              | JAPAN (20 YEAR ISSUE) 0.400000% 06/20/2041                              | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        |   77350000 | PA      | $395490.07    | 0.15%             | 2041-06-20      | Fixed         | 0.40%                 | No            |                  2 | On Loan: No      |
| STRYKER CORPORATION                                                                                | STRYKER CORP 3.650000% 03/07/2028                                       | CUSIP: 863667AQ4<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |     581000 | PA      | $576557.65    | 0.22%             | 2028-03-07      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Erste Group Bank AG                                                                                | ERSTE GROUP BANK AG MTN 0.875000% 11/15/2032                            | CUSIP: N/A<br>LEI: PQOH26KWDF7CG10L6792       | Long             | DBT              | NUSS              | AT        |     100000 | PA      | $112167.81    | 0.04%             | 2032-11-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                              | FANNIE MAE POOL FN MA4781                                               | CUSIP: 31418EJ35<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     715993 | PA      | $621263.68    | 0.24%             | 2052-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                                         | GINNIE MAE II POOL G2 MA9171                                            | CUSIP: 36179YFL3<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    1097596 | PA      | $1111867.67   | 0.43%             | 2053-09-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LA BANQUE POSTALE SA                                                                               | LA BANQUE POSTALE SA MTN 4.000000% 05/03/2028                           | CUSIP: ZK3694633<br>LEI: 96950066U5XAAIRCPA78 | Long             | DBT              | NUSS              | FR        |    1400000 | PA      | $1693339.44   | 0.65%             | 2028-05-03      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET CAPITAL CORPORATION                                                                    | MAIN STREET CAPITAL CORP 3.000000% 07/14/2026                           | CUSIP: 56035LAE4<br>LEI: 5493001FS9QJLJNF3E20 | Long             | DBT              | CORP              | US        |     497000 | PA      | $489434.73    | 0.19%             | 2026-07-14      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Republica de Chile                                                                                 | REPUBLIC OF CHILE 0.100000% 01/26/2027                                  | CUSIP: N/A<br>LEI: 549300FLZTJM5YJF8D34       | Long             | DBT              | NUSS              | CL        |     907000 | PA      | $1027445.10   | 0.39%             | 2027-01-26      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS COMPANY LLC                                                                      | VISTRA OPERATIONS CO LLC 144A 4.300000% 07/15/2029                      | CUSIP: 92840VAE2<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     432000 | PA      | $427732.51    | 0.16%             | 2029-07-15      | Fixed         | 4.30%                 | Yes           |                  2 | On Loan: No      |
| CORECIVIC, INC.                                                                                    | CORECIVIC INC 4.750000% 10/15/2027                                      | CUSIP: 21871NAA9<br>LEI: 529900JFA3K6PTLT8B15 | Long             | DBT              | CORP              | US        |    1282000 | PA      | $1259970.11   | 0.48%             | 2027-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Koninkrijk der Nederlanden                                                                         | NETHERLANDS GOVERNMENT BOND 144A 0.500000% 07/15/2032                   | CUSIP: N/A<br>LEI: 254900G14ALGVKORFN62       | Long             | DBT              | NUSS              | NL        |     496000 | PA      | $504525.37    | 0.19%             | 2032-07-15      | Fixed         | 0.50%                 | Yes           |                  2 | On Loan: No      |
| Compagnie des chemins de fer nationaux du Canada                                                   | CANADIAN NATIONAL RAILWAY CO 5.850000% 11/01/2033                       | CUSIP: 136375DH2<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | DBT              | NUSS              | CA        |     474000 | PA      | $513094.53    | 0.20%             | 2033-11-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATURAL RESOURCES LIMITED                                                                 | CANADIAN NATURAL RESOURCES LTD 3.850000% 06/01/2027                     | CUSIP: 136385AX9<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | NUSS              | CA        |     377000 | PA      | $374163.26    | 0.14%             | 2027-06-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                              | FANNIE MAE POOL FN MA4496                                               | CUSIP: 31418D7J5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     529285 | PA      | $473326.93    | 0.18%             | 2036-12-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Romania                                                                                            | ROMANIA 3.625000% 03/27/2032                                            | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |     206000 | PA      | $181152.99    | 0.07%             | 2032-03-27      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| PULTEGROUP, INC.                                                                                   | PULTEGROUP INC 6.000000% 02/15/2035                                     | CUSIP: 745867AT8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     445000 | PA      | $468619.49    | 0.18%             | 2035-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| WOODSIDE FINANCE LIMITED                                                                           | WOODSIDE FINANCE LTD 5.400000% 05/19/2030                               | CUSIP: 980236AT0<br>LEI: 254900AIZKU6TGRRNZ98 | Long             | DBT              | NUSS              | AU        |     354000 | PA      | $363793.05    | 0.14%             | 2030-05-19      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                                           | LLOYDS BANKING GROUP PLC 5.679000% 01/05/2035                           | CUSIP: 53944YAX1<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | NUSS              | GB        |     240000 | PA      | $248746.16    | 0.10%             | 2035-01-05      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| SPAREBANK 1 SOR-NORGE ASA                                                                          | SPAREBANK 1 SOR-NORGE ASA MTN 4.875000% 08/24/2028                      | CUSIP: N/A<br>LEI: 549300Q3OIWRHQUQM052       | Long             | DBT              | NUSS              | NO        |     491000 | PA      | $609820.56    | 0.23%             | 2028-08-24      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                           | FX Forward Contract: USD/EUR SETTLE 2025-09-03                          | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |          1 | NC      | $-1817382.67  | -0.69%            |  |  |  | No            |                  2 | On Loan: No      |
| Suncor Energy Inc.                                                                                 | SUNCOR ENERGY INC 7.150000% 02/01/2032                                  | CUSIP: 867229AC0<br>LEI: 549300W70ZOQDVLCHY06 | Long             | DBT              | NUSS              | CA        |     532000 | PA      | $594681.16    | 0.23%             | 2032-02-01      | Fixed         | 7.15%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL FINANCE CORPORATION                                                                  | INTERNATIONAL FINANCE CORP MTN 4.375000% 01/15/2027                     | CUSIP: 45950KDF4<br>LEI: QKL54NQY28TCDAI75F60 | Long             | DBT              | NUSS              | XX        |     865000 | PA      | $871475.04    | 0.33%             | 2027-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Smithfield Foods, Inc.                                                                             | SMITHFIELD FOODS INC 144A 4.250000% 02/01/2027                          | CUSIP: 832248AZ1<br>LEI: CVTIPZRZJC0JQEZLL598 | Long             | DBT              | CORP              | US        |     529000 | PA      | $524185.36    | 0.20%             | 2027-02-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| TAPESTRY, INC.                                                                                     | TAPESTRY INC 5.500000% 03/11/2035                                       | CUSIP: 876030AL1<br>LEI: 549300LJNVY5SW3VTN33 | Long             | DBT              | CORP              | US        |     194000 | PA      | $196102.44    | 0.07%             | 2035-03-11      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank Aktiengesellschaft                                                                   | DEUTSCHE BANK AG MTN 1.875000% 02/23/2028                               | CUSIP: N/A<br>LEI: 7LTWFZYICNSX8D621K86       | Long             | DBT              | NUSS              | DE        |     700000 | PA      | $810119.56    | 0.31%             | 2028-02-23      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| ARKEA HOME LOANS SFH SA                                                                            | ARKEA HOME LOANS SFH SA MTN 3.000000% 03/30/2027                        | CUSIP: N/A<br>LEI: 9695003L69OAFQ15LD18       | Long             | DBT              | NUSS              | FR        |     700000 | PA      | $829271.93    | 0.32%             | 2027-03-30      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ADTALEM GLOBAL EDUCATION INC.                                                                      | ADTALEM GLOBAL EDUCATION INC 144A 5.500000% 03/01/2028                  | CUSIP: 00737WAA7<br>LEI: 549300Z467EZLMODV621 | Long             | DBT              | CORP              | US        |    1521000 | PA      | $1514615.91   | 0.58%             | 2028-03-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| International Bank for Reconstruction and Development                                              | INTERNATIONAL BANK FOR RECONSTRUCTION & DEVELOPMEN 3.100000% 04/14/2038 | CUSIP: N/A<br>LEI: ZTMSNXROF84AHWJNKQ93       | Long             | DBT              | NUSS              | XX        |     975000 | PA      | $1114722.38   | 0.43%             | 2038-04-14      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| AMERICAN NATIONAL GROUP INC.                                                                       | AMERICAN NATIONAL GROUP INC 5.750000% 10/01/2029                        | CUSIP: 025676AN7<br>LEI: 549300RK5RZQ740FPL83 | Long             | DBT              | CORP              | US        |     538000 | PA      | $555505.94    | 0.21%             | 2029-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Muenchener Hypothekenbank eG                                                                       | MUENCHENER HYPOTHEKENBANK EG MTN 2.750000% 09/24/2025                   | CUSIP: N/A<br>LEI: 529900GM944JT8YIRL63       | Long             | DBT              | NUSS              | DE        |     816000 | PA      | $955010.90    | 0.37%             | 2025-09-24      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY FINANCIAL                                                                                | SYNCHRONY FINANCIAL 5.150000% 03/19/2029                                | CUSIP: 87165BAP8<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |     558000 | PA      | $564830.32    | 0.22%             | 2029-03-19      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                              | FANNIE MAE POOL FN FS5947                                               | CUSIP: 3140XMTD8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     387884 | PA      | $395533.89    | 0.15%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BRAMBLES FINANCE PLC                                                                               | BRAMBLES FINANCE PLC 1.500000% 10/04/2027                               | CUSIP: N/A<br>LEI: 213800MBRRUVQIONAN53       | Long             | DBT              | NUSS              | AU        |     489000 | PA      | $561541.58    | 0.21%             | 2027-10-04      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Bundesrepublik Deutschland                                                                         | BUNDESREPUB. DEUTSCHLAND 1.000000% 05/15/2038                           | CUSIP: N/A<br>LEI: 529900AQBND3S6YJLY83       | Long             | DBT              | NUSS              | DE        |    1943775 | PA      | $1807674.50   | 0.69%             | 2038-05-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| QORVO, INC.                                                                                        | QORVO INC 4.375000% 10/15/2029                                          | CUSIP: 74736KAH4<br>LEI: 254900YAUJV2EUEVBR11 | Long             | DBT              | CORP              | US        |     428000 | PA      | $419200.77    | 0.16%             | 2029-10-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BLUE OWL TECHNOLOGY FINANCE CORP.                                                                  | BLUE OWL TECHNOLOGY FINANCE CORP 6.750000% 04/04/2029                   | CUSIP: 69121JAB3<br>LEI: 254900G5EZJSOD3UKL16 | Long             | DBT              | CORP              | US        |     519000 | PA      | $537214.45    | 0.21%             | 2029-04-04      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Province of Ontario, Canada                                                                        | ONTARIO (PROVINCE OF) 3.100000% 05/19/2027                              | CUSIP: 683234DB1<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |     938000 | PA      | $926364.17    | 0.35%             | 2027-05-19      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| BAWAG P.S.K. Bank fuer Arbeit und Wirtschaft und Oesterreichische Postsparkasse Aktiengesellschaft | BAWAG PSK BANK FUER ARBEIT UND WIRTSCHAFT UND OEST 0.375000% 09/03/2027 | CUSIP: N/A<br>LEI: 529900ICA8XQYGIKR372       | Long             | DBT              | NUSS              | AT        |     500000 | PA      | $558988.55    | 0.21%             | 2027-09-03      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| AKER BP ASA                                                                                        | AKER BP ASA 144A 6.000000% 06/13/2033                                   | CUSIP: 00973RAM5<br>LEI: 549300NFTY73920OYK69 | Long             | DBT              | NUSS              | NO        |     150000 | PA      | $155618.61    | 0.06%             | 2033-06-13      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                                                        | FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CE FHMS K102 A1         | CUSIP: 3137FQKB8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     371353 | PA      | $359312.26    | 0.14%             | 2029-05-25      | Fixed         | 2.18%                 | No            |                  2 | On Loan: No      |
| NRW.BANK                                                                                           | NRW BANK 1.625000% 08/03/2032                                           | CUSIP: N/A<br>LEI: 52990002O5KK6XOGJ020       | Long             | DBT              | NUSS              | DE        |    1766000 | PA      | $1920711.68   | 0.73%             | 2032-08-03      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| Japan                                                                                              | JAPAN (40 YEAR ISSUE) 1.300000% 03/20/2063                              | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        |  374200000 | PA      | $1457305.99   | 0.56%             | 2063-03-20      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| NATIONAL HEALTH INVESTORS, INC.                                                                    | NATIONAL HEALTH INVESTORS INC 3.000000% 02/01/2031                      | CUSIP: 63633DAF1<br>LEI: 549300ZPKZIG6DKDEC02 | Long             | DBT              | CORP              | US        |      47000 | PA      | $41985.84     | 0.02%             | 2031-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LONZA FINANCE INTERNATIONAL NV                                                                     | LONZA FINANCE INTERNATIONAL NV 3.875000% 05/25/2033                     | CUSIP: N/A<br>LEI: 549300AS6XQBD4ETT379       | Long             | DBT              | NUSS              | CH        |     100000 | PA      | $120335.08    | 0.05%             | 2033-05-25      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Industrial and Commercial Bank of China Ltd (Hong Kong Branch)                                     | INDUSTRIAL & COMMERCIAL BANK OF CHINA LTD/HONG KON 1.625000% 10/28/2026 | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | CN        |     600000 | PA      | $583312.80    | 0.22%             | 2026-10-28      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY, INC.                                                                            | MICRON TECHNOLOGY INC 5.875000% 02/09/2033                              | CUSIP: 595112BZ5<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |     422000 | PA      | $443006.83    | 0.17%             | 2033-02-09      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| QatarEnergy                                                                                        | QATARENERGY 3.300000% 07/12/2051                                        | CUSIP: N/A<br>LEI: 254900QTESJKJ3P87J26       | Long             | DBT              | NUSS              | QA        |     200000 | PA      | $136573.60    | 0.05%             | 2051-07-12      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| CHINA CONSTRUCTION BANK CORPORATION                                                                | CHINA CONSTRUCTION BANK CORP 2.850000% 01/21/2032                       | CUSIP: N/A<br>LEI: 5493001KQW6DM7KEDR62       | Long             | DBT              | NUSS              | CN        |     893000 | PA      | $874974.93    | 0.33%             | 2032-01-21      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                                        | FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CE FHMS K122 A1         | CUSIP: 3137F82M4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     571180 | PA      | $529214.11    | 0.20%             | 2030-05-25      | Fixed         | 0.86%                 | No            |                  2 | On Loan: No      |
| Land Nordrhein-Westfalen                                                                           | STATE OF NORTH RHINE-WESTPHALIA GERMANY MTN 2.900000% 01/15/2053        | CUSIP: N/A<br>LEI: 529900VWPV1LPOHGJ702       | Long             | DBT              | NUSS              | DE        |     965000 | PA      | $968504.72    | 0.37%             | 2053-01-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Province of Ontario, Canada                                                                        | ONTARIO (PROVINCE OF) 3.600000% 03/08/2028                              | CUSIP: 68333ZAW7<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |    1225000 | PA      | $909310.63    | 0.35%             | 2028-03-08      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| ArcelorMittal SA                                                                                   | ARCELORMITTAL SA 4.250000% 07/16/2029                                   | CUSIP: 03938LBC7<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | NUSS              | LU        |     316000 | PA      | $314803.61    | 0.12%             | 2029-07-16      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Bundeskanzleramt Oesterreich                                                                       | REPUBLIC OF AUSTRIA GOVERNMENT BOND 144A 0.250000% 10/20/2036           | CUSIP: N/A<br>LEI: 529900QWWUI4XRVR7I03       | Long             | DBT              | NUSS              | AT        |     526000 | PA      | $447128.00    | 0.17%             | 2036-10-20      | Fixed         | 0.25%                 | Yes           |                  2 | On Loan: No      |
| NRG ENERGY, INC.                                                                                   | NRG ENERGY INC 144A 2.450000% 12/02/2027                                | CUSIP: 629377CP5<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     592000 | PA      | $565209.60    | 0.22%             | 2027-12-02      | Fixed         | 2.45%                 | Yes           |                  2 | On Loan: No      |
| BGC GROUP, INC.                                                                                    | BGC GROUP INC 8.000000% 05/25/2028                                      | CUSIP: 088929AC8<br>LEI: 2549001IGRCG4F0RLD36 | Long             | DBT              | CORP              | US        |     300000 | PA      | $320744.48    | 0.12%             | 2028-05-25      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                                                         | GINNIE MAE II POOL G2 MA8044                                            | CUSIP: 36179W5D6<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     993916 | PA      | $907457.01    | 0.35%             | 2052-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LIMITED                                                                          | MINERAL RESOURCES LTD 144A 9.250000% 10/01/2028                         | CUSIP: 603051AE3<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | NUSS              | AU        |     283000 | PA      | $295853.01    | 0.11%             | 2028-10-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| Landwirtschaftliche Rentenbank                                                                     | LANDWIRTSCHAFTLICHE RENTENBANK MTN 0.050000% 01/31/2031                 | CUSIP: N/A<br>LEI: 529900Z3J0N6S0F7CT25       | Long             | DBT              | NUSS              | DE        |    1131000 | PA      | $1159743.52   | 0.44%             | 2031-01-31      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| XPO, INC.                                                                                          | XPO INC 144A 6.250000% 06/01/2028                                       | CUSIP: 98379KAA0<br>LEI: 54930096DB9LCLPN7H13 | Long             | DBT              | CORP              | US        |     124000 | PA      | $126153.51    | 0.05%             | 2028-06-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| GLOBAL NET LEASE, INC.                                                                             | GLOBAL NET LEASE INC / GLOBAL NET LEASE OPERATING 3.750000% 12/15/2027  | CUSIP: 37892AAA8<br>LEI: 549300NUYANCT5SU8Z65 | Long             | DBT              | CORP              | US        |     675000 | PA      | $654707.75    | 0.25%             | 2027-12-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| Bundesrepublik Deutschland                                                                         | BUNDESSCHATZANWEISUNGEN 2.900000% 06/18/2026                            | CUSIP: N/A<br>LEI: 529900AQBND3S6YJLY83       | Long             | DBT              | NUSS              | DE        |     610268 | PA      | $719346.48    | 0.27%             | 2026-06-18      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| TEGNA INC.                                                                                         | TEGNA INC 4.625000% 03/15/2028                                          | CUSIP: 87901JAJ4<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |      68000 | PA      | $67436.44     | 0.03%             | 2028-03-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CAPITAL POWER (US HOLDINGS) INC.                                                                   | CAPITAL POWER US HOLDINGS INC 144A 6.189000% 06/01/2035                 | CUSIP: 14041TAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     100000 | PA      | $103408.79    | 0.04%             | 2035-06-01      | Fixed         | 6.19%                 | Yes           |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                      | REPUBLIC OF INDONESIA 4.550000% 01/11/2028                              | CUSIP: 455780DQ6<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     200000 | PA      | $201940.57    | 0.08%             | 2028-01-11      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Korea Development Bank                                                                             | KOREA DEVELOPMENT BANK 4.000000% 09/08/2025                             | CUSIP: 500630DT2<br>LEI: 549300ML2LNRZUCS7149 | Long             | DBT              | NUSS              | KR        |     639000 | PA      | $638961.69    | 0.24%             | 2025-09-08      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria, S.A.                                                              | BANCO BILBAO VIZCAYA ARGENTARIA SA 6.033000% 03/13/2035                 | CUSIP: 05946KAR2<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | NUSS              | ES        |     600000 | PA      | $630365.84    | 0.24%             | 2035-03-13      | Fixed         | 6.03%                 | No            |                  2 | On Loan: No      |
| A.P. MOELLER - MAERSK A/S                                                                          | AP MOLLER - MAERSK A/S 144A 5.875000% 09/14/2033                        | CUSIP: 00203QAF4<br>LEI: 549300D2K6PKKKXVNN73 | Long             | DBT              | NUSS              | DK        |     122000 | PA      | $128973.88    | 0.05%             | 2033-09-14      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| TRIMBLE INC.                                                                                       | TRIMBLE INC 6.100000% 03/15/2033                                        | CUSIP: 896239AE0<br>LEI: 549300E2MI7NSZFQWS19 | Long             | DBT              | CORP              | US        |     286000 | PA      | $304070.96    | 0.12%             | 2033-03-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                              | FANNIE MAE POOL FN MA4624                                               | CUSIP: 31418ED64<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    3014737 | PA      | $2617507.91   | 1.00%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                                        | FX Forward Contract: EUR/USD SETTLE 2025-09-03                          | CUSIP: N/A<br>LEI: 74KKBLHM4AWY05GPNY79       | N/A              | DFE              |  | XX        |          1 | NC      | $14617.72     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| CBRE SERVICES, INC.                                                                                | CBRE SERVICES INC 5.950000% 08/15/2034                                  | CUSIP: 12505BAG5<br>LEI: 549300CTE3HOMEUMM603 | Long             | DBT              | CORP              | US        |     197000 | PA      | $209224.80    | 0.08%             | 2034-08-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| ALLIANT ENERGY FINANCE, LLC                                                                        | ALLIANT ENERGY FINANCE LLC 144A 3.600000% 03/01/2032                    | CUSIP: 01882YAD8<br>LEI: 54930033ER6EOI5DL570 | Long             | DBT              | CORP              | US        |     143000 | PA      | $130894.42    | 0.05%             | 2032-03-01      | Fixed         | 3.60%                 | Yes           |                  2 | On Loan: No      |
| Epiroc Aktiebolag                                                                                  | EPIROC AB MTN 3.625000% 02/28/2031                                      | CUSIP: N/A<br>LEI: 5493004Q73OEYW1SPE91       | Long             | DBT              | NUSS              | SE        |     489000 | PA      | $584832.89    | 0.22%             | 2031-02-28      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Abu Dhabi National Energy Company PJSC                                                             | ABU DHABI NATIONAL ENERGY CO PJSC 4.696000% 04/24/2033                  | CUSIP: N/A<br>LEI: 213800UNJSVQFNUYYW03       | Long             | DBT              | NUSS              | AE        |     637000 | PA      | $639313.76    | 0.24%             | 2033-04-24      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| SYNAPTICS INCORPORATED                                                                             | SYNAPTICS INC 144A 4.000000% 06/15/2029                                 | CUSIP: 87157DAG4<br>LEI: 549300AJ3LI4FWNRQX29 | Long             | DBT              | CORP              | US        |    1017000 | PA      | $970709.62    | 0.37%             | 2029-06-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                              | FANNIE MAE POOL FN MA4568                                               | CUSIP: 31418ECE8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     526376 | PA      | $493733.62    | 0.19%             | 2037-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PATRICK INDUSTRIES, INC.                                                                           | PATRICK INDUSTRIES INC 144A 4.750000% 05/01/2029                        | CUSIP: 703343AD5<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | DBT              | CORP              | US        |    1405000 | PA      | $1378186.84   | 0.53%             | 2029-05-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| MCKESSON CORPORATION                                                                               | MCKESSON CORP 5.100000% 07/15/2033                                      | CUSIP: 581557BU8<br>LEI: 549300WZWOM80UCFSF54 | Long             | DBT              | CORP              | US        |     187000 | PA      | $191623.83    | 0.07%             | 2033-07-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                                  | HSBC HOLDINGS PLC 4.762000% 03/29/2033                                  | CUSIP: 404280DC0<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | NUSS              | GB        |     464000 | PA      | $457956.37    | 0.18%             | 2033-03-29      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| EUROFINS SCIENTIFIC SE                                                                             | EUROFINS SCIENTIFIC SE 0.875000% 05/19/2031                             | CUSIP: N/A<br>LEI: 529900JEHFM47DYY3S57       | Long             | DBT              | NUSS              | LU        |     425000 | PA      | $429939.36    | 0.16%             | 2031-05-19      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                           | FX Forward Contract: USD/JPY SETTLE 2025-09-03                          | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |          1 | NC      | $-199363.03   | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| GreenSaif Pipelines Bidco S.a rl                                                                   | GREENSAIF PIPELINES BIDCO SARL 6.102700% 08/23/2042                     | CUSIP: L4464DAF6<br>LEI: 549300YWDGUXPB8GRP47 | Long             | DBT              | NUSS              | SA        |     259000 | PA      | $267818.58    | 0.10%             | 2042-08-23      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc.                                                                   | PHILIP MORRIS INTERNATIONAL INC 0.800000% 08/01/2031                    | CUSIP: 718172CL1<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | NUSS              | US        |     223000 | PA      | $226035.54    | 0.09%             | 2031-08-01      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST, INC.                                                                      | STARWOOD PROPERTY TRUST INC 144A 7.250000% 04/01/2029                   | CUSIP: 85571BBB0<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |     228000 | PA      | $238933.51    | 0.09%             | 2029-04-01      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| VIAVI SOLUTIONS INC.                                                                               | VIAVI SOLUTIONS INC 144A 3.750000% 10/01/2029                           | CUSIP: 925550AF2<br>LEI: 5493006K3E3N1QOBF092 | Long             | DBT              | CORP              | US        |    1473000 | PA      | $1372629.19   | 0.52%             | 2029-10-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| SES SA                                                                                             | SES SA MTN 0.875000% 11/04/2027                                         | CUSIP: N/A<br>LEI: 5493008JPA4HYMH1HX51       | Long             | DBT              | NUSS              | LU        |     438000 | PA      | $492277.81    | 0.19%             | 2027-11-04      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| Wolters Kluwer N.V.                                                                                | WOLTERS KLUWER NV 3.000000% 09/23/2026                                  | CUSIP: N96425NA2<br>LEI: 724500TEM53I0U077B74 | Long             | DBT              | NUSS              | NL        |     550000 | PA      | $645958.04    | 0.25%             | 2026-09-23      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UNICREDIT, SOCIETA PER AZIONI                                                                      | UNICREDIT SPA 144A 3.127000% 06/03/2032                                 | CUSIP: 904678AY5<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | NUSS              | IT        |     586000 | PA      | $537951.57    | 0.21%             | 2032-06-03      | Fixed         | 3.13%                 | Yes           |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                                              | ATHENE GLOBAL FUNDING MTN 0.832000% 01/08/2027                          | CUSIP: N/A<br>LEI: 549300LM1QSI4MSIL320       | Long             | DBT              | NUSS              | US        |     464000 | PA      | $530515.88    | 0.20%             | 2027-01-08      | Fixed         | 0.83%                 | No            |                  2 | On Loan: No      |
| European Investment Bank                                                                           | EUROPEAN INVESTMENT BANK 0.375000% 09/15/2027                           | CUSIP: N/A<br>LEI: 5493006YXS1U5GIHE750       | Long             | DBT              | NUSS              | XX        |    2106000 | PA      | $2382971.54   | 0.91%             | 2027-09-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| United States of America                                                                           | US TREASURY N/B 4.750000% 05/15/2055                                    | CUSIP: 912810UK2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    1750000 | PA      | $1702421.88   | 0.65%             | 2055-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ORIGIN ENERGY FINANCE LIMITED                                                                      | ORIGIN ENERGY FINANCE LTD MTN 1.000000% 09/17/2029                      | CUSIP: N/A<br>LEI: 5493002W5C9Z753C7Q57       | Long             | DBT              | NUSS              | AU        |     494000 | PA      | $533121.00    | 0.20%             | 2029-09-17      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| CENCORA, INC.                                                                                      | CENCORA INC 3.625000% 05/22/2032                                        | CUSIP: 03073EBA2<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | DBT              | NUSS              | US        |     323000 | PA      | $381691.61    | 0.15%             | 2032-05-22      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| IMCD N.V.                                                                                          | IMCD NV 4.875000% 09/18/2028                                            | CUSIP: N/A<br>LEI: 724500NSJPNFJPDAUP02       | Long             | DBT              | NUSS              | NL        |     403000 | PA      | $496029.58    | 0.19%             | 2028-09-18      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Province of Ontario, Canada                                                                        | ONTARIO (PROVINCE OF) 2.550000% 12/02/2052                              | CUSIP: 68333ZAS6<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |    1922000 | PA      | $945486.57    | 0.36%             | 2052-12-02      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| United States of America                                                                           | US TREASURY N/B 1.750000% 08/15/2041                                    | CUSIP: 912810TA6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   23255300 | PA      | $15404819.55  | 5.89%             | 2041-08-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| SANTOS FINANCE LTD                                                                                 | SANTOS FINANCE LTD MTN 5.250000% 03/13/2029                             | CUSIP: N/A<br>LEI: 213800BKUBSWG53XNS94       | Long             | DBT              | NUSS              | AU        |     393000 | PA      | $399081.72    | 0.15%             | 2029-03-13      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                                | DWS GOVERNMENT MONEY MARKET SERIES INSTITUTIONAL SHARES                 | CUSIP: 25160K207<br>LEI: N/A                  | Long             | STIV             |  | US        |    6292067 | PA      | $6292067.31   | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| INTESA SANPAOLO SPA                                                                                | INTESA SANPAOLO SPA MTN 4.000000% 09/23/2029                            | CUSIP: 46115HBL0<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | NUSS              | IT        |     709000 | PA      | $694465.39    | 0.27%             | 2029-09-23      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| BLOCK FINANCIAL LLC                                                                                | BLOCK FINANCIAL LLC 3.875000% 08/15/2030                                | CUSIP: 093662AH7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      24000 | PA      | $23040.60     | 0.01%             | 2030-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CIMIC FINANCE (USA) PTY LTD                                                                        | CIMIC FINANCE USA PTY LTD 144A 7.000000% 03/25/2034                     | CUSIP: 171873AB8<br>LEI: 213800GNWSV32LXHCZ50 | Long             | DBT              | NUSS              | AU        |      20000 | PA      | $21573.71     | 0.01%             | 2034-03-25      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Province de Quebec                                                                                 | PROVINCE OF QUEBEC 3.625000% 04/13/2028                                 | CUSIP: 748148SD6<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | NUSS              | CA        |     917000 | PA      | $914386.68    | 0.35%             | 2028-04-13      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| RELX Capital Inc.                                                                                  | RELX CAPITAL INC 3.000000% 05/22/2030                                   | CUSIP: 74949LAD4<br>LEI: 2R15C3RTKJN1RCBOV146 | Long             | DBT              | CORP              | GB        |     589000 | PA      | $558972.10    | 0.21%             | 2030-05-22      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| RWE FINANCE US, LLC                                                                                | RWE FINANCE US LLC 144A 5.875000% 04/16/2034                            | CUSIP: 749983AA0<br>LEI: 529900J7MYLKI84UP772 | Long             | DBT              | CORP              | DE        |     536000 | PA      | $559295.74    | 0.21%             | 2034-04-16      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| VICINITY CENTRES RE LTD                                                                            | VICINITY CENTRES TRUST MTN 1.125000% 11/07/2029                         | CUSIP: N/A<br>LEI: 549300S7GOEVR0EGFN47       | Long             | DBT              | NUSS              | AU        |     579000 | PA      | $630681.95    | 0.24%             | 2029-11-07      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| QORVO, INC.                                                                                        | QORVO INC 144A 3.375000% 04/01/2031                                     | CUSIP: 74736KAJ0<br>LEI: 254900YAUJV2EUEVBR11 | Long             | DBT              | CORP              | US        |     129000 | PA      | $117297.04    | 0.04%             | 2031-04-01      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| WarnerMedia Holdings, Inc.                                                                         | WARNERMEDIA HOLDINGS INC 4.054000% 03/15/2029                           | CUSIP: 55903VBY8<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |     173000 | PA      | $164350.00    | 0.06%             | 2029-03-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| PPL ELECTRIC UTILITIES CORPORATION                                                                 | PPL ELECTRIC UTILITIES CORP 5.000000% 05/15/2033                        | CUSIP: 69351UBA0<br>LEI: 549300GCZLSGYEYPIR35 | Long             | DBT              | CORP              | US        |     107000 | PA      | $109266.57    | 0.04%             | 2033-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NVR, Inc.                                                                                          | NVR INC 3.000000% 05/15/2030                                            | CUSIP: 62944TAF2<br>LEI: 529900RWXR4JI3JYTV70 | Long             | DBT              | CORP              | US        |     584000 | PA      | $551406.08    | 0.21%             | 2030-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| the Hong Kong Special Administrative Region Government                                             | HONG KONG GOVERNMENT INTERNATIONAL BOND MTN 1.375000% 02/02/2031        | CUSIP: 43858AAD2<br>LEI: 549300DSMAD69T7GGN13 | Long             | DBT              | NUSS              | HK        |     200000 | PA      | $176701.34    | 0.07%             | 2031-02-02      | Fixed         | 1.38%                 | Yes           |                  2 | On Loan: No      |
| Philip Morris International Inc.                                                                   | PHILIP MORRIS INTERNATIONAL INC 2.875000% 05/14/2029                    | CUSIP: 718172BK4<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | NUSS              | US        |     274000 | PA      | $320812.83    | 0.12%             | 2029-05-14      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                              | FANNIE MAE POOL FN MA4567                                               | CUSIP: 31418ECD0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     442299 | PA      | $405919.86    | 0.16%             | 2037-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                                  | HSBC HOLDINGS PLC 6.254000% 03/09/2034                                  | CUSIP: 404280DV8<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | NUSS              | GB        |     514000 | PA      | $555073.93    | 0.21%             | 2034-03-09      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                              | FANNIE MAE POOL FN MA4579                                               | CUSIP: 31418ECR9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    1330891 | PA      | $1155762.35   | 0.44%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                                   | PARAMOUNT GLOBAL 3.375000% 02/15/2028                                   | CUSIP: 124857AT0<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |     553000 | PA      | $539502.12    | 0.21%             | 2028-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| MAREX GROUP PLC                                                                                    | MAREX GROUP PLC 6.404000% 11/04/2029                                    | CUSIP: 566539AA0<br>LEI: 549300DWX0SVICJAL507 | Long             | DBT              | NUSS              | GB        |     518000 | PA      | $533856.79    | 0.20%             | 2029-11-04      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| BANQUE DEVELOPPT CONSEIL EUROPE 9                                                                  | COUNCIL OF EUROPE DEVELOPMENT BANK MTN 3.125000% 09/13/2028             | CUSIP: N/A<br>LEI: 549300UYNXMI821WYG82       | Long             | DBT              | NUSS              | XX        |    1548000 | PA      | $1855715.44   | 0.71%             | 2028-09-13      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Coterra Energy Inc.                                                                                | COTERRA ENERGY INC 5.600000% 03/15/2034                                 | CUSIP: 127097AL7<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | DBT              | CORP              | US        |     429000 | PA      | $434366.44    | 0.17%             | 2034-03-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| LBBW Berlin Beteiligungs-AG                                                                        | LANDESBANK BADEN-WUERTTEMBERG MTN 1.750000% 05/10/2032                  | CUSIP: N/A<br>LEI: 529900C4RSSBWXBSY931       | Long             | DBT              | NUSS              | DE        |      49000 | PA      | $53919.23     | 0.02%             | 2032-05-10      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| BAWAG P.S.K. Bank fuer Arbeit und Wirtschaft und Oesterreichische Postsparkasse Aktiengesellschaft | BAWAG PSK BANK FUER ARBEIT UND WIRTSCHAFT UND OEST 1.750000% 03/08/2030 | CUSIP: N/A<br>LEI: 529900ICA8XQYGIKR372       | Long             | DBT              | NUSS              | AT        |     300000 | PA      | $337433.08    | 0.13%             | 2030-03-08      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Land Nordrhein-Westfalen                                                                           | STATE OF NORTH RHINE-WESTPHALIA GERMANY MTN 3.400000% 03/07/2073        | CUSIP: N/A<br>LEI: 529900VWPV1LPOHGJ702       | Long             | DBT              | NUSS              | DE        |      72000 | PA      | $75664.76     | 0.03%             | 2073-03-07      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Magyarorszag                                                                                       | HUNGARY 5.250000% 06/16/2029                                            | CUSIP: N/A<br>LEI: 5299003F3UFKGCCMAP43       | Long             | DBT              | NUSS              | HU        |     200000 | PA      | $203845.05    | 0.08%             | 2029-06-16      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TenneT Holding B.V.                                                                                | TENNET HOLDING BV MTN 0.875000% 06/16/2035                              | CUSIP: N/A<br>LEI: 724500LTUWK3JQG63903       | Long             | DBT              | NUSS              | NL        |     954000 | PA      | $898598.36    | 0.34%             | 2035-06-16      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| GATWICK FUNDING LIMITED                                                                            | GATWICK FUNDING LTD MTN 3.625000% 10/16/2033                            | CUSIP: N/A<br>LEI: 213800NK8FA3GKS6X167       | Long             | DBT              | NUSS              | GB        |     455000 | PA      | $532805.43    | 0.20%             | 2033-10-16      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| CENTENE CORPORATION                                                                                | CENTENE CORP 2.450000% 07/15/2028                                       | CUSIP: 15135BAY7<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |     221000 | PA      | $204167.84    | 0.08%             | 2028-07-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| K+S Aktiengesellschaft                                                                             | K+S AG 4.250000% 06/19/2029                                             | CUSIP: N/A<br>LEI: 529900YURAYD4IJX2J91       | Long             | DBT              | NUSS              | DE        |     100000 | PA      | $121230.89    | 0.05%             | 2029-06-19      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| JT International Financial Services B.V.                                                           | JT INTERNATIONAL FINANCIAL SERVICES BV MTN 3.875000% 09/28/2028         | CUSIP: N/A<br>LEI: 549300U2F0PG10VZUN93       | Long             | DBT              | NUSS              | JP        |     499000 | PA      | $492449.73    | 0.19%             | 2028-09-28      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| GULFPORT ENERGY OPERATING CORPORATION                                                              | GULFPORT ENERGY OPERATING CORP 144A 6.750000% 09/01/2029                | CUSIP: 402635AT3<br>LEI: 549300FJX18IDUFPHD40 | Long             | DBT              | CORP              | US        |    1267000 | PA      | $1296227.16   | 0.50%             | 2029-09-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Nordiska Investeringsbanken, Pohjoismaiden Investointipankki NIB, Nordic Investment Bank           | NORDIC INVESTMENT BANK 5.000000% 10/15/2025                             | CUSIP: 65562QBX2<br>LEI: 213800HYL1S7VAXG6Z48 | Long             | DBT              | NUSS              | XX        |     835000 | PA      | $835515.17    | 0.32%             | 2025-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nationwide Building Society                                                                        | NATIONWIDE BUILDING SOCIETY MTN 2.250000% 05/16/2037                    | CUSIP: N/A<br>LEI: 549300XFX12G42QIKN82       | Long             | DBT              | NUSS              | GB        |     799000 | PA      | $834222.45    | 0.32%             | 2037-05-16      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| BANCO BPM SOCIETA PER AZIONI                                                                       | BANCO BPM SPA MTN 3.750000% 06/27/2028                                  | CUSIP: N/A<br>LEI: 815600E4E6DCD2D25E30       | Long             | DBT              | NUSS              | IT        |     200000 | PA      | $242091.69    | 0.09%             | 2028-06-27      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| United States of America                                                                           | US TREASURY N/B 3.875000% 03/31/2027                                    | CUSIP: 91282CMV0<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    2995000 | PA      | $3002721.47   | 1.15%             | 2027-03-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| TAPESTRY, INC.                                                                                     | TAPESTRY INC 3.050000% 03/15/2032                                       | CUSIP: 876030AA5<br>LEI: 549300LJNVY5SW3VTN33 | Long             | DBT              | CORP              | US        |      92000 | PA      | $82386.05     | 0.03%             | 2032-03-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| European Union                                                                                     | EUROPEAN UNION MTN 2.750000% 10/05/2026                                 | CUSIP: N/A<br>LEI: 529900FZRK8FGMPEOM08       | Long             | DBT              | NUSS              | XX        |    2767000 | PA      | $3262850.33   | 1.25%             | 2026-10-05      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| VGP NV                                                                                             | VGP NV 1.625000% 01/17/2027                                             | CUSIP: N/A<br>LEI: 315700NENYPIXFR94T49       | Long             | DBT              | NUSS              | BE        |     200000 | PA      | $229985.66    | 0.09%             | 2027-01-17      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| Canada Housing Trust No. 1                                                                         | CANADA HOUSING TRUST NO 1 144A 1.600000% 12/15/2031                     | CUSIP: 13509PHW6<br>LEI: 549300M44WH89JG50067 | Long             | DBT              | NUSS              | CA        |    3585000 | PA      | $2368838.32   | 0.91%             | 2031-12-15      | Fixed         | 1.60%                 | Yes           |                  2 | On Loan: No      |
| NEW YORK STATE ELECTRIC & GAS CORPORATION                                                          | NEW YORK STATE ELECTRIC & GAS CORP 144A 5.300000% 08/15/2034            | CUSIP: 649840CW3<br>LEI: 549300GEC6J0YHUXA160 | Long             | DBT              | CORP              | US        |     619000 | PA      | $630192.16    | 0.24%             | 2034-08-15      | Fixed         | 5.30%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                                                        | FREDDIE MAC POOL FR SD3427                                              | CUSIP: 3132DQYY6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     318665 | PA      | $329862.52    | 0.13%             | 2053-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| WEIR GROUP INC.                                                                                    | WEIR GROUP INC 144A 5.350000% 05/06/2030                                | CUSIP: 94877DAA2<br>LEI: 2138009WEPEV2V98AV65 | Long             | DBT              | CORP              | GB        |     524000 | PA      | $535058.74    | 0.20%             | 2030-05-06      | Fixed         | 5.35%                 | Yes           |                  2 | On Loan: No      |
| INVESTEC PLC                                                                                       | INVESTEC PLC MTN 3.625000% 02/19/2031                                   | CUSIP: G49188UM8<br>LEI: 2138007Z3U5GWDN3MY22 | Long             | DBT              | NUSS              | GB        |     102000 | PA      | $119590.81    | 0.05%             | 2031-02-19      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| ALLEGION US HOLDING COMPANY INC.                                                                   | ALLEGION US HOLDING CO INC 5.600000% 05/29/2034                         | CUSIP: 01748NAF1<br>LEI: 5493002B66JX7J7SXI33 | Long             | DBT              | CORP              | US        |     247000 | PA      | $254200.72    | 0.10%             | 2034-05-29      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Koninklijke KPN N.V.                                                                               | KONINKLIJKE KPN NV MTN 0.875000% 11/15/2033                             | CUSIP: N/A<br>LEI: 549300YO0JZHAL7FVP81       | Long             | DBT              | NUSS              | NL        |     600000 | PA      | $573508.96    | 0.22%             | 2033-11-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| FORTESCUE TREASURY PTY LTD                                                                         | FORTESCUE TREASURY PTY LTD 144A 5.875000% 04/15/2030                    | CUSIP: 30251GBD8<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | NUSS              | AU        |     923000 | PA      | $942623.90    | 0.36%             | 2030-04-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| CREDIT ACCEPTANCE CORPORATION                                                                      | CREDIT ACCEPTANCE CORP 144A 6.625000% 03/15/2030                        | CUSIP: 225310AS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     500000 | PA      | $506468.05    | 0.19%             | 2030-03-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Pandora A/S                                                                                        | PANDORA A/S MTN 4.500000% 04/10/2028                                    | CUSIP: N/A<br>LEI: 5299007OWYZ6I1E46843       | Long             | DBT              | NUSS              | DK        |     443000 | PA      | $539820.85    | 0.21%             | 2028-04-10      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| European Investment Bank                                                                           | EUROPEAN INVESTMENT BANK 4.500000% 10/16/2028                           | CUSIP: 298785JY3<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |     484000 | PA      | $496455.44    | 0.19%             | 2028-10-16      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-31

**Name of Applicant:** Symmetry Panoramic Trust

**Signature:** Andrew Metzger

**Name of Signer:** Andrew Metzger

**Title:** Treasurer, Principal Financial Officer