# EDGAR Filing Document

**Accession Number:** 0000816153
**File Stem:** 0001410368-26-051174
**Filing Date:** 2026-5
**Character Count:** 73035
**Document Hash:** 6d6032e7276c376d160b9a36d09534f8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-051174.hdr.sgml**: 20260526

**ACCESSION NUMBER**: 0001410368-26-051174

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260526

**DATE AS OF CHANGE**: 20260526

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** THORNBURG INVESTMENT TRUST
- **CENTRAL INDEX KEY:** 0000816153

**ORGANIZATION NAME:**
- **EIN:** 061158764
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05201
- **FILM NUMBER:** 261016879

**BUSINESS ADDRESS:**
- **STREET 1:** 2300 NORTH RIDGETOP ROAD
- **CITY:** SANTA FE
- **STATE:** NM
- **ZIP:** 87506-8361
- **BUSINESS PHONE:** 5059840200

**MAIL ADDRESS:**
- **STREET 1:** 2300 NORTH RIDGETOP ROAD
- **CITY:** SANTA FE
- **STATE:** NM
- **ZIP:** 87506-8361

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** THORNBURG INCOME TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LIMITED TERM TRUST
- **DATE OF NAME CHANGE:** 19870816

## Series and Classes Contracts Data

### Thornburg Investment Grade Bond Managed Account Fund (Series ID: S000091428)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000259093 | Class SMA    | TIGMX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** THORNBURG INVESTMENT TRUST

- **b. Investment Company Act file number:** 811-05201

- **c. CIK number of Registrant:** 0000816153

- **d. LEI of Registrant:** 5493001XM52H8S4WYY82

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

  - **Street Address 1:** 2300 NORTH RIDGETOP ROAD

  - **City:** SANTA FE

  - **State:** NM

  - **Foreign country:** US

  - **Zip / Postal Code:** 87506-8361

  - **Telephone number:** 505-984-0200

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

- **a. Name of Series:** Thornburg Investment Grade Bond Managed Account Fund

- **b. EDGAR series identifier (if any):** S000091428

- **c. LEI of Series:** 254900ZWVRXZRTELMS47

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

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2026-03-31

**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:** $2308390.08

**Total Liabilities:** $101845.44

**Net Assets:** $2206544.64

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -12.86000000 | **1-Year:** -108.95000000 | **5-Year:** -171.36000000 | **10-Year:** -124.33000000 | **30-Year:** -6.09000000

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

- **3-Month:** -1.10000000 | **1-Year:** -2.15000000 | **5-Year:** -1.85000000 | **10-Year:** -0.61000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000259093 | 0.42%                | 0.75%                | -0.32%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-0.32                   | $810.22                                    |
| Month 2  | $-6.93                   | $6811.46                                   |
| Month 3  | $318.26                  | $-17557.05                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ACHV ABS TRUST                                | ACHV ABS TRUST 2024-1PL                                            | CUSIP: 00092BAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      9371 | PA      | $9402.09      | 0.43%             | 2031-04-25      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE GLOB FUNDING                       | Corebridge Global Funding                                          | CUSIP: 00138CAU2<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |     12000 | PA      | $12045.60     | 0.55%             | 2026-07-02      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ALIMENTATION COUCHE-TARD                      | Alimentation Couche-Tard Inc                                       | CUSIP: 01626PAU0<br>LEI: 549300OSW32RVX8CCZ87 | Long             | DBT              | CORP              | CA        |     15000 | PA      | $15076.05     | 0.68%             | 2034-02-12      | Fixed         | 5.27%                 | No            |                  2 | On Loan: No      |
| AMCOR FLEXIBLES NORTH AM                      | Amcor Flexibles North America Inc                                  | CUSIP: 02344AAG3<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20210.80     | 0.92%             | 2030-03-17      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Receivables Trust  | American Credit Acceptance Receivables Trust 2022-4                | CUSIP: 02529XAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      9753 | PA      | $9820.03      | 0.45%             | 2029-02-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN NATIONAL GROUP                       | American National Group Inc                                        | CUSIP: 02772AAA7<br>LEI: 549300RK5RZQ740FPL83 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10214.30     | 0.46%             | 2032-06-13      | Fixed         | 6.14%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                      | Angel Oak Mortgage Trust 2020-1                                    | CUSIP: 03464RAA1<br>LEI: 2549003MM0537Y3QHI22 | Long             | ABS-MBS          | CORP              | US        |     15200 | PA      | $14691.16     | 0.67%             | 2059-12-25      | Variable      | 2.47%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                      | Angel Oak Mortgage Trust 2020-R1                                   | CUSIP: 034651AA7<br>LEI: 2549003MM0537Y3QHI22 | Long             | ABS-MBS          | CORP              | US        |     20826 | PA      | $19943.84     | 0.90%             | 2053-04-25      | Variable      | 0.99%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                      | Angel Oak Mortgage Trust 2021-1                                    | CUSIP: 03465CAA3<br>LEI: 2549003MM0537Y3QHI22 | Long             | ABS-MBS          | CORP              | US        |      9509 | PA      | $8153.87      | 0.37%             | 2066-01-25      | Variable      | 0.91%                 | No            |                  2 | On Loan: No      |
| Arroyo Mortgage Trust                         | Arroyo Mortgage Trust 2019-3                                       | CUSIP: 04285AAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     10304 | PA      | $9817.70      | 0.44%             | 2048-10-25      | Variable      | 2.96%                 | No            |                  2 | On Loan: No      |
| ASCOT GROUP LTD                               | Ascot Group Ltd                                                    | CUSIP: 04365XAA6<br>LEI: 213800DJV7WRJBE2II28 | Long             | DBT              | CORP              | BM        |     15000 | PA      | $13996.05     | 0.63%             | 2030-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| AVNET INC                                     | Avnet Inc                                                          | CUSIP: 053807AS2<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1999.56      | 0.09%             | 2026-04-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Bank of America Auto Trust                    | Bank of America Auto Trust 2023-2                                  | CUSIP: 06054YAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     13000 | PA      | $13174.56     | 0.60%             | 2029-11-15      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| Bankers Healthcare Group Securitization Trust | BHG Securitization Trust 2021-A                                    | CUSIP: 08861YAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      4006 | PA      | $3987.43      | 0.18%             | 2033-11-17      | Fixed         | 1.42%                 | No            |                  2 | On Loan: No      |
| BOOZ ALLEN HAMILTON INC                       | Booz Allen Hamilton Inc                                            | CUSIP: 09951LAA1<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9718.00      | 0.44%             | 2028-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BRIGHTHSE FIN GLBL FUND                       | Brighthouse Financial Global Funding                               | CUSIP: 10921U2E7<br>LEI: 549300BLFX3KJ2IFOA78 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9347.10      | 0.42%             | 2028-06-28      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CCL INDUSTRIES INC                            | CCL Industries Inc                                                 | CUSIP: 124900AD3<br>LEI: 549300TD3EMSRRC0YH75 | Long             | DBT              | CORP              | CA        |     15000 | PA      | $14003.40     | 0.63%             | 2030-06-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| CCG Receivables Trust                         | CCG Receivables Trust                                              | CUSIP: 12511QAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     25084 | PA      | $25304.83     | 1.15%             | 2032-04-14      | Fixed         | 6.28%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                  | CSMC 2019-RPL1 Trust                                               | CUSIP: 12596MAB2<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |     15205 | PA      | $15057.18     | 0.68%             | 2058-07-25      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                           | COMM 2024-277P Mortgage Trust                                      | CUSIP: 12654FAA8<br>LEI: 5493004GWEVMOU8S3L34 | Long             | ABS-MBS          | CORP              | US        |     15000 | PA      | $15639.86     | 0.71%             | 2044-08-10      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                  | CSMC 2018-RPL9 Trust                                               | CUSIP: 12654PAA6<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |     29031 | PA      | $28659.25     | 1.30%             | 2057-09-25      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                | Carvana Auto Receivables Trust 2022-N1                             | CUSIP: 14686GAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     15024 | PA      | $14915.15     | 0.68%             | 2028-12-11      | Fixed         | 3.21%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                | Carvana Auto Receivables Trust 2023-P2                             | CUSIP: 14686TAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      3123 | PA      | $3128.43      | 0.14%             | 2028-04-10      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                | Carvana Auto Receivables Trust 2024-P1                             | CUSIP: 14688NAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     20692 | PA      | $20774.41     | 0.94%             | 2029-04-10      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| CHEVRON PHILLIPS CHEM CO                      | Chevron Phillips Chemical Co LLC / Chevron Phillips Chemical Co LP | CUSIP: 166754AX9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $10021.60     | 0.45%             | 2030-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust Inc             | Citigroup Mortgage Loan Trust 2015-PS1                             | CUSIP: 17324VAH7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     16966 | PA      | $16638.09     | 0.75%             | 2042-09-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| CLECO POWER LLC                               | Cleco Power LLC                                                    | CUSIP: 185508AJ7<br>LEI: TM1ZH54SJKLNHFCBFK92 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14888.85     | 0.67%             | 2036-01-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| CNO GLOBAL FUNDING                            | CNO Global Funding                                                 | CUSIP: 18977W2G4<br>LEI: 6354008GTNR4833ULD48 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10033.80     | 0.45%             | 2027-12-10      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| COLORADO INT GAS CO/ISS                       | Colorado Interstate Gas Co LLC / Colorado Interstate Issuing Corp  | CUSIP: 196500AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $9977.90      | 0.45%             | 2026-08-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| COMCAST HOLDINGS CORP                         | Comcast Holdings Corp                                              | CUSIP: 200300507<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $15321.50     | 0.69%             | 2029-10-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| COMMONBOND STUDENT LOAN TRUST                 | Commonbond Student Loan Trust 2017-B-GS                            | CUSIP: 20268KAA8<br>LEI: 549300KDXV3I7WKXA522 | Long             | ABS-O            | CORP              | US        |     11283 | PA      | $10633.78     | 0.48%             | 2042-09-25      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| COX COMMUNICATIONS INC                        | Cox Communications Inc                                             | CUSIP: 224044CG0<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14926.05     | 0.68%             | 2026-09-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE TOWERS LLC                       | Crown Castle Towers LLC                                            | CUSIP: 22822RBH2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     11000 | PA      | $10929.51     | 0.50%             | 2028-07-15      | Fixed         | 4.24%                 | No            |                  2 | On Loan: No      |
| DLLMT LLC                                     | DLLMT 2023-1 LLC                                                   | CUSIP: 232989AD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     15000 | PA      | $15109.03     | 0.68%             | 2031-03-20      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| DLLST LLC                                     | DLLST 2024-1 LLC                                                   | CUSIP: 23346HAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     17066 | PA      | $17118.48     | 0.78%             | 2027-08-20      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| DAVINCIRE HOLDINGS LTD                        | DaVinciRe Holdings Ltd                                             | CUSIP: 23879AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     10000 | PA      | $9929.80      | 0.45%             | 2035-04-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Deephaven Residential Mortgage Trust          | Deephaven Residential Mortgage Trust 2021-1                        | CUSIP: 24380VAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     12915 | PA      | $12551.79     | 0.57%             | 2065-05-25      | Variable      | 0.72%                 | No            |                  2 | On Loan: No      |
| ELECTRICITE DE FRANCE SA                      | Electricite de France SA                                           | CUSIP: 268317AP9<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |     15000 | PA      | $14630.55     | 0.66%             | 2035-10-13      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ELFI Graduate Loan Program                    | ELFI Graduate Loan Program 2019-A LLC                              | CUSIP: 26857EAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     14273 | PA      | $13688.08     | 0.62%             | 2044-03-25      | Fixed         | 2.54%                 | No            |                  2 | On Loan: No      |
| ELEMENT FLEET MANAGEMENT                      | Element Fleet Management Corp                                      | CUSIP: 286181AK8<br>LEI: 5493000PGBS1C22ELQ16 | Long             | DBT              | CORP              | CA        |     10000 | PA      | $10419.20     | 0.47%             | 2028-12-04      | Fixed         | 6.32%                 | No            |                  2 | On Loan: No      |
| ENEL AMERICAS SA                              | Enel Americas SA                                                   | CUSIP: 29274FAF1<br>LEI: 549300LKH11TFCJLZK20 | Long             | DBT              | CORP              | CL        |     17000 | PA      | $16949.85     | 0.77%             | 2026-10-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EQUITABLE FINANCIAL LIFE                      | Equitable Financial Life Global Funding                            | CUSIP: 29449WAF4<br>LEI: 635400B4JJBON4TCHF02 | Long             | DBT              | CORP              | US        |     12000 | PA      | $11369.52     | 0.52%             | 2028-03-08      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| EVERGY MISSOURI WEST INC                      | Evergy Missouri West Inc                                           | CUSIP: 30037EAB9<br>LEI: EZIFUDC0VSUS6T6LCG85 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10220.40     | 0.46%             | 2034-06-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| EVERGY MISSOURI WEST INC                      | Evergy Missouri West Inc                                           | CUSIP: 30037FAA8<br>LEI: EZIFUDC0VSUS6T6LCG85 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10094.90     | 0.46%             | 2027-12-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| F&G GLOBAL FUNDING                            | F&G Global Funding                                                 | CUSIP: 30321L2A9<br>LEI: 6354009CCUKJIZ7KFX73 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1984.76      | 0.09%             | 2026-06-30      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| F&G GLOBAL FUNDING                            | F&G Global Funding                                                 | CUSIP: 30321L2D3<br>LEI: 6354009CCUKJIZ7KFX73 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9736.20      | 0.44%             | 2027-04-11      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| First Help Financial LLC                      | FHF Issuer Trust 2024-3                                            | CUSIP: 30339EAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      5458 | PA      | $5449.53      | 0.25%             | 2030-11-15      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| First Help Financial LLC                      | FHF Issuer Trust 2025-2                                            | CUSIP: 30343DAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      4110 | PA      | $4110.00      | 0.19%             | 2026-12-15      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae REMICS                                                  | CUSIP: 3136AYMB6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     18892 | PA      | $18750.80     | 0.85%             | 2053-04-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae REMICS                                                  | CUSIP: 3136B5TS4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5637 | PA      | $5355.83      | 0.24%             | 2053-03-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac REMICS                                                 | CUSIP: 3137AYHU8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     18759 | PA      | $18380.42     | 0.83%             | 2033-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae REMICS                                                  | CUSIP: 31397L3R8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5073 | PA      | $5239.10      | 0.24%             | 2038-07-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae Pool                                                    | CUSIP: 3140NYNQ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      7000 | PA      | $7093.37      | 0.32%             | 2030-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| First Help Financial LLC                      | FHF Issuer Trust 2024-1                                            | CUSIP: 31568AAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      3765 | PA      | $3779.89      | 0.17%             | 2030-02-15      | Fixed         | 5.69%                 | No            |                  2 | On Loan: No      |
| First Investors Auto Owner Trust              | First Investors Auto Owner Trust 2022-1                            | CUSIP: 32057KAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      2804 | PA      | $2802.22      | 0.13%             | 2028-05-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| First Investors Auto Owner Trust              | First Investors Auto Owner Trust 2022-1                            | CUSIP: 32057KAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     10000 | PA      | $9978.85      | 0.45%             | 2028-06-15      | Fixed         | 3.79%                 | No            |                  2 | On Loan: No      |
| Flagship Credit Auto Trust                    | Flagship Credit Auto Trust 2024-1                                  | CUSIP: 33843VAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      1183 | PA      | $1183.40      | 0.05%             | 2028-03-15      | Fixed         | 5.64%                 | No            |                  2 | On Loan: No      |
| Flagship Credit Auto Trust                    | Flagship Credit Auto Trust 2021-4                                  | CUSIP: 33845AAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      2670 | PA      | $2663.64      | 0.12%             | 2027-12-15      | Fixed         | 1.96%                 | No            |                  2 | On Loan: No      |
| Flagstar Mortgage Trust                       | Flagstar Mortgage Trust 2017-2                                     | CUSIP: 33850RAC6<br>LEI: 549300H3PON1KOB2RF56 | Long             | ABS-MBS          | CORP              | US        |     28146 | PA      | $25631.38     | 1.16%             | 2047-10-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Flagstar Mortgage Trust                       | Flagstar Mortgage Trust 2018-2                                     | CUSIP: 33851HAC7<br>LEI: 549300H3PON1KOB2RF56 | Long             | ABS-MBS          | CORP              | US        |     12842 | PA      | $12360.66     | 0.56%             | 2048-04-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| FORTITUDE GROUP HOLDINGS                      | Fortitude Group Holdings LLC                                       | CUSIP: 34966XAA6<br>LEI: 2549006R9ZUL08JFIH12 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10184.00     | 0.46%             | 2030-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| GCAT                                          | GCAT 2021-CM1 Trust                                                | CUSIP: 36168AAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     23257 | PA      | $22452.92     | 1.02%             | 2065-04-25      | Variable      | 2.47%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust           | GS Mortgage-Backed Securities Corp Trust 2019-PJ3                  | CUSIP: 36257QAA4<br>LEI: 254900X1ABPQ6D4G6D07 | Long             | ABS-MBS          | CORP              | US        |      8429 | PA      | $7927.69      | 0.36%             | 2050-03-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust           | GS Mortgage-Backed Securities Trust 2020-NQM1                      | CUSIP: 36259WAC5<br>LEI: 25490038RWR4AJZ5B524 | Long             | ABS-MBS          | CORP              | US        |     13052 | PA      | $12494.46     | 0.57%             | 2060-09-27      | Variable      | 2.35%                 | No            |                  2 | On Loan: No      |
| GLS Auto Receivables Trust                    | GLS Auto Receivables Issuer Trust 2022-2                           | CUSIP: 36265NAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     11888 | PA      | $11959.25     | 0.54%             | 2028-04-17      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| GLS Auto Select Receivables Trust             | GLS Auto Select Receivables Trust 2023-2                           | CUSIP: 36269EAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      5279 | PA      | $5287.73      | 0.24%             | 2028-06-15      | Fixed         | 6.37%                 | No            |                  2 | On Loan: No      |
| GCAT                                          | GCAT 2024-INV4 Trust                                               | CUSIP: 367919AB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     14871 | PA      | $14815.41     | 0.67%             | 2054-12-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association      | Government National Mortgage Association                           | CUSIP: 38379FNW5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      6704 | PA      | $6670.25      | 0.30%             | 2043-09-20      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association      | Government National Mortgage Association                           | CUSIP: 38384U7Y9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      5728 | PA      | $5755.06      | 0.26%             | 2054-02-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTERN                      | Graphic Packaging International LLC                                | CUSIP: 38869PAP9<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9986.00      | 0.45%             | 2026-04-15      | Fixed         | 1.51%                 | No            |                  2 | On Loan: No      |
| GREAT AMERICA LEASING RECEIVABLES             | GreatAmerica Leasing Receivables Funding LLC Series 2023-1         | CUSIP: 39154TCC0<br>LEI: 549300JFP7GIDD4UWO79 | Long             | ABS-O            | CORP              | US        |     13051 | PA      | $13100.78     | 0.59%             | 2027-07-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| GREAT AMERICA LEASING RECEIVABLES             | GreatAmerica Leasing Receivables Funding LLC Series 2024-1         | CUSIP: 39154TCK2<br>LEI: 549300JFP7GIDD4UWO79 | Long             | ABS-O            | CORP              | US        |     11000 | PA      | $11150.45     | 0.51%             | 2030-12-16      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| Greensky Home Improvement Issuer Trust        | GreenSky Home Improvement Issuer Trust 2024-2                      | CUSIP: 39571XAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      6013 | PA      | $6026.57      | 0.27%             | 2059-10-27      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HIGHMARK INC                                  | Highmark Inc                                                       | CUSIP: 431116AD4<br>LEI: 549300B6868ZXXEB2Y57 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9959.10      | 0.45%             | 2026-05-10      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| Huntington Auto Trust                         | Huntington Auto Trust 2024-1                                       | CUSIP: 446144AE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     17830 | PA      | $17963.13     | 0.81%             | 2029-01-16      | Fixed         | 5.23%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                       | Hyundai Capital America                                            | CUSIP: 44891ACX3<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10075.80     | 0.46%             | 2027-03-19      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| INTACT FINANCIAL CORP                         | Intact Financial Corp                                              | CUSIP: 45823TAL0<br>LEI: 5493009LXGE7Y4U9OY43 | Long             | DBT              | CORP              | CA        |     15000 | PA      | $15275.85     | 0.69%             | 2032-09-22      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| ITC HOLDINGS CORP                             | ITC Holdings Corp                                                  | CUSIP: 465685AT2<br>LEI: 549300HTO5U9D3SLE207 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20547.60     | 0.93%             | 2034-05-09      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                      | JP Morgan Mortgage Trust 2016-3                                    | CUSIP: 46647EBB6<br>LEI: 529900371ZWA9WXVGB88 | Long             | ABS-MBS          | CORP              | US        |     19848 | PA      | $19272.95     | 0.87%             | 2046-10-25      | Variable      | 3.31%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                      | JP Morgan Mortgage Trust 2017-2                                    | CUSIP: 46648HAN3<br>LEI: 529900371ZWA9WXVGB88 | Long             | ABS-MBS          | CORP              | US        |     20307 | PA      | $18424.99     | 0.84%             | 2047-05-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| JACKSON NATL LIFE GLOBAL                      | Jackson National Life Global Funding                               | CUSIP: 46849LTL5<br>LEI: 635400PQXLYXWJI5QD78 | Long             | DBT              | CORP              | US        |     17000 | PA      | $16099.34     | 0.73%             | 2029-06-21      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| KEYSPAN GAS EAST CORP                         | KeySpan Gas East Corp                                              | CUSIP: 49338CAD5<br>LEI: K8TS3HOE1568DUBUJL44 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10439.80     | 0.47%             | 2033-03-06      | Fixed         | 5.99%                 | No            |                  2 | On Loan: No      |
| LAD Auto Receivables Trust                    | LAD Auto Receivables Trust 2023-3                                  | CUSIP: 50168BAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     16000 | PA      | $16225.60     | 0.74%             | 2028-12-15      | Fixed         | 6.43%                 | No            |                  2 | On Loan: No      |
| LAD Auto Receivables Trust                    | LAD Auto Receivables Trust 2023-4                                  | CUSIP: 50571AAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     15000 | PA      | $15172.14     | 0.69%             | 2028-10-16      | Fixed         | 6.39%                 | No            |                  2 | On Loan: No      |
| Lendbuzz Securitization Trust                 | Lendbuzz Securitization Trust 2026-1                               | CUSIP: 525952AA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      9723 | PA      | $9720.65      | 0.44%             | 2027-01-15      | Fixed         | 4.18%                 | No            |                  2 | On Loan: No      |
| Lex Commercial Loan Master Trust              | LEX 2024-BBG Mortgage Trust                                        | CUSIP: 52885AAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     15000 | PA      | $14952.73     | 0.68%             | 2033-10-13      | Variable      | 4.87%                 | No            |                  2 | On Loan: No      |
| LIBERTY UTILITIES FIN                         | Liberty Utilities Finance GP 1                                     | CUSIP: 531546AB5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $8973.90      | 0.41%             | 2030-09-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| LINCOLN FIN GLBL FUNDING                      | Lincoln Financial Global Funding                                   | CUSIP: 53359KAA9<br>LEI: 984500OC010458395923 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10147.60     | 0.46%             | 2030-01-13      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| LINCOLN FIN GLBL FUNDING                      | Lincoln Financial Global Funding                                   | CUSIP: 53359KAB7<br>LEI: 984500OC010458395923 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9993.30      | 0.45%             | 2028-05-28      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| LINEAGE OP LP                                 | Lineage OP LP                                                      | CUSIP: 53567YAB5<br>LEI: 254900CSRDL1G4SRQE89 | Long             | DBT              |  | US        |     17000 | PA      | $16970.76     | 0.77%             | 2030-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lobel Automobile Receivables Trust            | Lobel Automobile Receivables Trust 2025-1                          | CUSIP: 53948RAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      1833 | PA      | $1834.67      | 0.08%             | 2027-11-15      | Fixed         | 5.06%                 | No            |                  2 | On Loan: No      |
| MFRA Trust                                    | MFA 2020-NQM2 Trust                                                | CUSIP: 552751AC3<br>LEI: 2549007EHG79GWD49I44 | Long             | ABS-MBS          | CORP              | US        |     12258 | PA      | $11870.07     | 0.54%             | 2065-04-25      | Variable      | 1.95%                 | No            |                  2 | On Loan: No      |
| MFRA Trust                                    | MFA 2020-NQM3 Trust                                                | CUSIP: 552757AB2<br>LEI: 2549007EHG79GWD49I44 | Long             | ABS-MBS          | CORP              | US        |     26447 | PA      | $25094.71     | 1.14%             | 2065-01-26      | Variable      | 1.32%                 | No            |                  2 | On Loan: No      |
| MMAF Equipment Finance LLC                    | MMAF Equipment Finance LLC 2023-A                                  | CUSIP: 55317WAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     13092 | PA      | $13249.04     | 0.60%             | 2029-12-13      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| MSCI INC                                      | MSCI Inc                                                           | CUSIP: 55354GAH3<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14558.25     | 0.66%             | 2029-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metlife Securitization Trust                  | METLIFE SECURITIZATION TRUST 2019-1                                | CUSIP: 59166EAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     17360 | PA      | $17300.23     | 0.78%             | 2058-04-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY PENN ELECTRI                      | FirstEnergy Pennsylvania Electric Co                               | CUSIP: 591894CE8<br>LEI: O1PLQWO3TX952VMBJ146 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20277.60     | 0.92%             | 2028-04-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| MIDWEST CONNECTOR CAPIT                       | Midwest Connector Capital Co LLC                                   | CUSIP: 59833CAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $9945.60      | 0.45%             | 2029-04-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Mill City Mortgage Trust                      | Mill City Mortgage Loan Trust 2018-1                               | CUSIP: 59980VAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      8196 | PA      | $8150.01      | 0.37%             | 2062-05-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| Mill City Mortgage Trust                      | Mill City Mortgage Loan Trust 2019-GS1                             | CUSIP: 59981BAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     12573 | PA      | $12431.82     | 0.56%             | 2059-07-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| MOLEX ELECTRONICS TECH                        | Molex Electronic Technologies LLC                                  | CUSIP: 60856BAE4<br>LEI: 549300WTBVUFUPSIWI20 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15060.60     | 0.68%             | 2028-04-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Mosaic Solar Loans LLC                        | Mosaic Solar Loans 2017-1 LLC                                      | CUSIP: 61946EAA6<br>LEI: 549300ZLA8SW2SVJMN33 | Long             | ABS-O            | CORP              | US        |     11853 | PA      | $11488.44     | 0.52%             | 2042-06-20      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| MUTUAL OF OMAHA GLOBAL                        | Mutual of Omaha Cos Global Funding                                 | CUSIP: 62829D2B5<br>LEI: 635400AL5J3F1ZPTAN95 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10193.90     | 0.46%             | 2028-12-12      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| NLG GLOBAL FUNDING                            | NLG Global Funding                                                 | CUSIP: 62915W2A0<br>LEI: 635400SKBQOWEJZLTW68 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10237.80     | 0.46%             | 2030-01-23      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                    | Navient Student Loan Trust 2018-EA                                 | CUSIP: 63890BAB2<br>LEI: 549300761SV59SBM0Z40 | Long             | ABS-O            | CORP              | US        |      1372 | PA      | $1372.13      | 0.06%             | 2059-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                    | Navient Private Education Refi Loan Trust 2019-A                   | CUSIP: 63941BAB1<br>LEI: 549300ZUZB9UCBWEBN39 | Long             | ABS-O            | CORP              | US        |      5867 | PA      | $5853.34      | 0.27%             | 2043-01-15      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust           | New Residential Mortgage Loan Trust 2019-NQM4                      | CUSIP: 64828EAA3<br>LEI: 2138001CG5SYL78G3648 | Long             | ABS-MBS          | CORP              | US        |     14901 | PA      | $14059.74     | 0.64%             | 2059-09-25      | Variable      | 2.49%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust           | New Residential Mortgage Loan Trust 2017-1                         | CUSIP: 64829JAA1<br>LEI: 2138001CG5SYL78G3648 | Long             | ABS-MBS          | CORP              | US        |     16612 | PA      | $16396.33     | 0.74%             | 2057-02-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust           | New Residential Mortgage Loan Trust 2018-RPL1                      | CUSIP: 64829VAA4<br>LEI: 2138001CG5SYL78G3648 | Long             | ABS-MBS          | CORP              | US        |     17168 | PA      | $16889.06     | 0.77%             | 2057-12-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE GLOBAL FDG                      | New York Life Global Funding                                       | CUSIP: 64952WEZ2<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |     17000 | PA      | $16732.25     | 0.76%             | 2033-01-28      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| NY STATE ELECTRIC & GAS                       | New York State Electric & Gas Corp                                 | CUSIP: 649840CQ6<br>LEI: 549300GEC6J0YHUXA160 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9919.60      | 0.45%             | 2026-12-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN CORP                             | NorthWestern Corp                                                  | CUSIP: 66807TAA0<br>LEI: 3BPWMBHR1R9SHUN7J795 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20307.40     | 0.92%             | 2030-03-21      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX 2020-EXP2 Trust                                                | CUSIP: 67448VAG5<br>LEI: 25490010LUJWFEUCIH44 | Long             | ABS-MBS          | CORP              | US        |     18677 | PA      | $15715.90     | 0.71%             | 2060-05-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                       | Oncor Electric Delivery Co LLC                                     | CUSIP: 68233JDC5<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10217.20     | 0.46%             | 2035-04-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| OneMain Direct Auto Receivables Trust         | Onemain Direct Auto Receivables Trust 2022-1                       | CUSIP: 68269DAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      4631 | PA      | $4632.19      | 0.21%             | 2029-03-14      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| OSCAR US Funding Trust                        | Oscar US Funding XVII LLC                                          | CUSIP: 68784BAB0<br>LEI: 353800UI8625NXT7ND41 | Long             | ABS-O            | CORP              | US        |      6847 | PA      | $6851.50      | 0.31%             | 2027-12-10      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| OSCAR US Funding Trust                        | Oscar US Funding XIV LLC                                           | CUSIP: 68784HAD3<br>LEI: 353800FUC565GTX73583 | Long             | ABS-O            | CORP              | JP        |      7407 | PA      | $7347.61      | 0.33%             | 2029-04-10      | Fixed         | 2.82%                 | No            |                  2 | On Loan: No      |
| OSCAR US Funding Trust                        | Oscar US Funding XIII LLC                                          | CUSIP: 68785BAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | JP        |     22183 | PA      | $22066.37     | 1.00%             | 2028-09-11      | Fixed         | 1.27%                 | No            |                  2 | On Loan: No      |
| PSEG POWER LLC                                | PSEG Power LLC                                                     | CUSIP: 69362BBD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $10152.00     | 0.46%             | 2030-05-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| PACIFIC LIFE GF II                            | Pacific Life Global Funding II                                     | CUSIP: 6944PL2G3<br>LEI: 6354003EUPCHXTWUU869 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10003.90     | 0.45%             | 2026-06-04      | Floating      | 4.27%                 | No            |                  2 | On Loan: No      |
| Pawnee Equipment Receivables                  | Pawneee Equipment Receivables Series 2022-1 LLC                    | CUSIP: 70410DAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     11000 | PA      | $11001.02     | 0.50%             | 2028-07-17      | Fixed         | 6.01%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL                      | Penske Truck Leasing Co Lp / PTL Finance Corp                      | CUSIP: 709599BN3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     15000 | PA      | $14961.15     | 0.68%             | 2027-07-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Prestige Auto Receivables Trust               | Prestige Auto Receivables Trust 2023-1                             | CUSIP: 74113GAL7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     11000 | PA      | $11032.95     | 0.50%             | 2029-04-16      | Fixed         | 6.33%                 | No            |                  2 | On Loan: No      |
| Prestige Auto Receivables Trust               | Prestige Auto Receivables Trust 2025-1                             | CUSIP: 74113UAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      7580 | PA      | $7584.44      | 0.34%             | 2027-12-15      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| Prestige Auto Receivables Trust               | Prestige Auto Receivables Trust 2023-2                             | CUSIP: 74113VAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      1939 | PA      | $1940.35      | 0.09%             | 2027-12-15      | Fixed         | 6.64%                 | No            |                  2 | On Loan: No      |
| Prestige Auto Receivables Trust               | Prestige Auto Receivables Trust 2021-1                             | CUSIP: 74113XAF3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      5852 | PA      | $5786.18      | 0.26%             | 2028-02-15      | Fixed         | 2.08%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LFE GLB FND II                      | Principal Life Global Funding II                                   | CUSIP: 74256LEW5<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10196.10     | 0.46%             | 2028-06-28      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE CORP                          | Protective Life Corp                                               | CUSIP: 743674BD4<br>LEI: 549300ZWIT8J8Y2EXL07 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9944.40      | 0.45%             | 2028-09-30      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE CORP                          | Protective Life Corp                                               | CUSIP: 743674BE2<br>LEI: 549300ZWIT8J8Y2EXL07 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9535.60      | 0.43%             | 2030-01-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| PUGET ENERGY INC                              | Puget Energy Inc                                                   | CUSIP: 745310AQ5<br>LEI: SYBSJ96YIDMIUY7WDR33 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10079.30     | 0.46%             | 2035-03-15      | Fixed         | 5.73%                 | No            |                  2 | On Loan: No      |
| RELIANCE STAND LIFE II                        | Reliance Standard Life Global Funding II                           | CUSIP: 75951AAQ1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $9856.60      | 0.45%             | 2026-09-28      | Fixed         | 1.51%                 | No            |                  2 | On Loan: No      |
| Research-Driven Pagaya Motor Asset Trust I    | Research-Driven Pagaya Motor Trust 2025-6                          | CUSIP: 76100JAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      8000 | PA      | $8003.70      | 0.36%             | 2034-08-25      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| Research-Driven Pagaya Motor Asset Trust I    | Research-Driven Pagaya Motor Asset Trust 2026-1                    | CUSIP: 76100KAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     11000 | PA      | $10993.46     | 0.50%             | 2035-01-25      | Fixed         | 4.52%                 | No            |                  2 | On Loan: No      |
| RGA GLOBAL FUNDING                            | RGA Global Funding                                                 | CUSIP: 76209PAD5<br>LEI: 549300Y22K5FOEBMSK42 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10284.40     | 0.47%             | 2031-01-11      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SBA TOWER TRUST                               | SBA Tower Trust                                                    | CUSIP: 78403DAR1<br>LEI: N/A                  | Long             | DBT              |  | US        |     10000 | PA      | $9640.55      | 0.44%             | 2028-01-15      | Fixed         | 2.33%                 | No            |                  2 | On Loan: No      |
| SFO Commerical Mortgage Trust                 | SFO Commercial Mortgage Trust 2021-555                             | CUSIP: 78432WAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     10000 | PA      | $9957.50      | 0.45%             | 2038-05-15      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| Space Coast Credit Union                      | SCCU Auto Receivables Trust 2024-1                                 | CUSIP: 78436RAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     18641 | PA      | $18717.70     | 0.85%             | 2029-06-15      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust              | SMB Private Education Loan Trust 2019-A                            | CUSIP: 78449TAB7<br>LEI: 549300WEYOS38NWU8D22 | Long             | ABS-O            | CORP              | US        |     11819 | PA      | $11700.56     | 0.53%             | 2036-07-15      | Fixed         | 3.44%                 | No            |                  2 | On Loan: No      |
| Social Professional Loan Program LLC          | Sofi Professional Loan Program 2019-A LLC                          | CUSIP: 78471HAB4<br>LEI: 5493002WMPR84WZ75V46 | Long             | ABS-O            | CORP              | US        |     13176 | PA      | $13083.85     | 0.59%             | 2048-06-15      | Fixed         | 3.69%                 | No            |                  2 | On Loan: No      |
| SAMMONS FINANCIAL GROUP                       | Sammons Financial Group Inc                                        | CUSIP: 79588TAC4<br>LEI: 254900SHCOQLVJ21CT59 | Long             | DBT              | CORP              | US        |     12000 | PA      | $11931.96     | 0.54%             | 2027-05-12      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust                        | Sequoia Mortgage Trust 2024-4                                      | CUSIP: 81743BAK3<br>LEI: 549300671OK77JNRLK28 | Long             | ABS-MBS          | CORP              | US        |     16997 | PA      | $16975.51     | 0.77%             | 2054-05-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust                        | Sequoia Mortgage Trust 2017-CH2                                    | CUSIP: 81746JAU1<br>LEI: 549300671OK77JNRLK28 | Long             | ABS-MBS          | CORP              | US        |      8719 | PA      | $8097.70      | 0.37%             | 2047-12-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust                        | Sequoia Mortgage Trust 2015-4                                      | CUSIP: 81746MAA8<br>LEI: 549300671OK77JNRLK28 | Long             | ABS-MBS          | CORP              | US        |     13548 | PA      | $13291.95     | 0.60%             | 2030-11-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust                        | Sequoia Mortgage Trust 2018-2                                      | CUSIP: 81746QAA9<br>LEI: 549300671OK77JNRLK28 | Long             | ABS-MBS          | CORP              | US        |     22647 | PA      | $20509.43     | 0.93%             | 2048-02-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| SOUTH BOW USA INFRA HLDS                      | South Bow USA Infrastructure Holdings LLC                          | CUSIP: 83007CAB8<br>LEI: 254900Z1WAY7QFQ7O850 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10045.90     | 0.46%             | 2027-09-01      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust              | SMB Private Education Loan Trust 2017-B                            | CUSIP: 83189DAC4<br>LEI: 549300NWENTZ8X7JUC78 | Long             | ABS-O            | CORP              | US        |      1140 | PA      | $1139.66      | 0.05%             | 2035-10-15      | Floating      | 4.54%                 | No            |                  2 | On Loan: No      |
| Starwood Mortgage Residential Trust           | Starwood Mortgage Residential Trust 2020-3                         | CUSIP: 85573MAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      5342 | PA      | $5214.56      | 0.24%             | 2065-04-25      | Variable      | 1.49%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                      | Sumitomo Mitsui Financial Group Inc                                | CUSIP: 86562MBG4<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     16000 | PA      | $15945.76     | 0.72%             | 2028-10-16      | Fixed         | 4.31%                 | No            |                  2 | On Loan: No      |
| SYDNEY AIRPORT FINANCE                        | Sydney Airport Finance Co Pty Ltd                                  | CUSIP: 87124VAG4<br>LEI: 549300MJAANHLHOVTO40 | Long             | DBT              | CORP              | AU        |     17000 | PA      | $16861.62     | 0.76%             | 2036-03-26      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tesla Sustainable Energy Trust                | Tesla Sustainable Energy Trust 2024-1                              | CUSIP: 88164AAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      7223 | PA      | $7227.84      | 0.33%             | 2050-06-21      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| Thornburg Capital Management Fund             | Thornburg Capital Management Fund                                  | CUSIP: 885216739<br>LEI: 549300GLR0WG6ALV5277 | Long             | EC               | RF                | US        |     25880 | NS      | $258802.93    | 11.73%            |  |  |  | No            |                  1 | On Loan: No      |
| Towd Point Mortgage Trust                     | Towd Point Mortgage Trust 2017-4                                   | CUSIP: 89173UAA5<br>LEI: 25490010CSYSAQU59J50 | Long             | ABS-MBS          | CORP              | US        |     14081 | PA      | $13863.84     | 0.63%             | 2057-06-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                     | Towd Point Mortgage Trust 2017-6                                   | CUSIP: 89175JAA8<br>LEI: 25490010CSYSAQU59J50 | Long             | ABS-MBS          | CORP              | US        |     18812 | PA      | $18570.84     | 0.84%             | 2057-10-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                     | Towd Point Mortgage Trust 2018-2                                   | CUSIP: 89175VAA1<br>LEI: 25490010CSYSAQU59J50 | Long             | ABS-MBS          | CORP              | US        |      5787 | PA      | $5744.59      | 0.26%             | 2058-03-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| TRANS-ALLEGHENY INTERSTA                      | Trans-Allegheny Interstate Line Co                                 | CUSIP: 893045AF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $10158.30     | 0.46%             | 2031-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UL SOLUTIONS INC                              | UL Solutions Inc                                                   | CUSIP: 903731AC1<br>LEI: 549300F7CUV5ESKV9P71 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20937.80     | 0.95%             | 2028-10-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Upstart Structured Pass-Through Trust         | Upstart Structured Pass-Through Trust Series 2022-2A               | CUSIP: 91680YAY7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     14556 | PA      | $14521.48     | 0.66%             | 2030-06-17      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Veros Auto Receivables Trust                  | Veros Auto Receivables Trust 2023-1                                | CUSIP: 924933AC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     21000 | PA      | $21234.09     | 0.96%             | 2028-11-15      | Fixed         | 8.32%                 | No            |                  2 | On Loan: No      |
| Veros Auto Receivables Trust                  | Veros Auto Receivables Trust 2025-1                                | CUSIP: 92511BAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      4306 | PA      | $4312.73      | 0.20%             | 2028-09-15      | Fixed         | 5.31%                 | No            |                  2 | On Loan: No      |
| Veros Auto Receivables Trust                  | Veros Auto Receivables Trust 2026-1                                | CUSIP: 92511CAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     13560 | PA      | $13554.26     | 0.61%             | 2028-08-15      | Fixed         | 4.53%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                    | Verus Securitization Trust 2021-1                                  | CUSIP: 92537QAE1<br>LEI: 213800278TKDEXPH6140 | Long             | ABS-MBS          | CORP              | US        |     20738 | PA      | $18630.16     | 0.84%             | 2066-01-25      | Variable      | 1.05%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                    | Verus Securitization Trust 2021-R1                                 | CUSIP: 92538BAA1<br>LEI: 213800278TKDEXPH6140 | Long             | ABS-MBS          | CORP              | US        |     19873 | PA      | $18949.77     | 0.86%             | 2063-10-25      | Variable      | 0.82%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Mortgage Backed Securities Trust  | Wells Fargo Mortgage Backed Securities 2019-2 Trust                | CUSIP: 95002JAA4<br>LEI: 549300EZH20KSD9JD814 | Long             | ABS-MBS          | CORP              | US        |      3655 | PA      | $3475.86      | 0.16%             | 2049-04-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| WESTERN-SOUTHERN GLOBAL                       | Western-Southern Global Funding                                    | CUSIP: 95954A2A0<br>LEI: 635400PFYEGVSGK4VB37 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10059.20     | 0.46%             | 2030-05-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivables Trust         | Westlake Automobile Receivables Trust 2023-3                       | CUSIP: 96041CAJ1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      1604 | PA      | $1604.89      | 0.07%             | 2028-09-15      | Fixed         | 5.92%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivables Trust         | Westlake Automobile Receivables Trust 2022-2                       | CUSIP: 96042VAG4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      9413 | PA      | $9430.38      | 0.43%             | 2027-09-15      | Fixed         | 5.48%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivables Trust         | Westlake Automobile Receivables Trust 2024-1                       | CUSIP: 96043RAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     10345 | PA      | $10367.18     | 0.47%             | 2027-11-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Winwater Mortgage Loan Trust                  | WinWater Mortgage Loan Trust 2014-2                                | CUSIP: 97652QAC3<br>LEI: 549300PWVP7DMQC42S40 | Long             | ABS-MBS          | CORP              | US        |      9178 | PA      | $8834.68      | 0.40%             | 2044-09-20      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-15

**Name of Applicant:** THORNBURG INVESTMENT TRUST

**Signature:** Christopher Luckham

**Name of Signer:** Christopher Luckham

**Title:** Manager - Fund Admin