# EDGAR Filing Document

**Accession Number:** 0001719812
**File Stem:** 0001004726-25-002342
**Filing Date:** 2025-11
**Character Count:** 62049
**Document Hash:** 134afaae9040bb29e222352a37d7cad4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-25-002342.hdr.sgml**: 20251125

**ACCESSION NUMBER**: 0001004726-25-002342

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251125

**DATE AS OF CHANGE**: 20251125

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Collaborative Investment Series Trust
- **CENTRAL INDEX KEY:** 0001719812

**ORGANIZATION NAME:**
- **EIN:** 826635713
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23306
- **FILM NUMBER:** 251522638

**BUSINESS ADDRESS:**
- **STREET 1:** 500 DAMONTE RANCH
- **STREET 2:** PARKWAY BUILDING 700, UNIT 700
- **CITY:** RENO
- **STATE:** NV
- **ZIP:** 89521
- **BUSINESS PHONE:** 2036226000

**MAIL ADDRESS:**
- **STREET 1:** 500 DAMONTE RANCH
- **STREET 2:** PARKWAY BUILDING 700, UNIT 700
- **CITY:** RENO
- **STATE:** NV
- **ZIP:** 89521

## Series and Classes Contracts Data

### Rareview Total Return Bond ETF (Series ID: S000085236)

| Class ID   | Class Name                     | Ticker Symbol   |
|:---|:---|:---|
| C000250203 | Rareview Total Return Bond ETF | RTRE            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Collaborative Investment Series Trust

- **b. Investment Company Act file number:** 811-23306

- **c. CIK number of Registrant:** 0001719812

- **d. LEI of Registrant:** 549300H9U9P1LQU16S78

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

  - **Street Address 1:** 500 Damonte Ranch Parkway

  - **City:** Reno

  - **State:** NV

  - **Foreign country:** US

  - **Zip / Postal Code:** 89521

  - **Telephone number:** 775-460-2204

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

- **a. Name of Series:** Rareview Total Return Bond ETF

- **b. EDGAR series identifier (if any):** S000085236

- **c. LEI of Series:** 254900ZL314XUHTGOZ39

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

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-09-30

**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:** $40925639.60

**Total Liabilities:** $1034332.25

**Net Assets:** $39891307.35

**Cash Not Reported:** $439694.56

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -63.27992948 | **1-Year:** -1180.44920333 | **5-Year:** -4924.52825516 | **10-Year:** -8875.91374615 | **30-Year:** -2026.07207352

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

- **3-Month:** -3.40009251 | **1-Year:** -88.83824486 | **5-Year:** -147.03272063 | **10-Year:** -1.18315213 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000250203 | -0.28%               | 1.32%                | 1.20%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1468.86                 | $-234036.70                                |
| Month 2  | $28847.73                | $348829.46                                 |
| Month 3  | $92623.00                | $226126.69                                 |

**Designated Index Information**

- **Index Name:** Securities Portfolio

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| J.P. MORGAN MORTGAGE TRUST                           | JP MORGAN MORTGAGE TRUST 2019 INV1                 | CUSIP: 46591DAZ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     83627 | PA      | $81544.77     | 0.20%             | 2049-09-25      | Variable      | 4.92%                 | No            |                  2 | On Loan: No      |
| MELLO MORTGAGE CAPITAL ACCEPTANCE                    | MELLO MORTGAGE CAPITAL ACCEPTANCE 2021 INV2        | CUSIP: 58549XAF0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    108982 | PA      | $97397.64     | 0.24%             | 2051-08-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U S TREASURY NOTE                                  | CUSIP: 91282CNX5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1678000 | PA      | $1669347.81   | 4.18%             | 2030-08-31      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| BEAZER HOMES USA, INC.                               | BEAZER HOMES USA INC                               | CUSIP: 07556QBU8<br>LEI: 549300DUPYT2T0F60I45 | Long             | DBT              | CORP              | US        |     78000 | PA      | $79039.27     | 0.20%             | 2031-03-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC.                                       | CITIGROUP INC                                      | CUSIP: 172967NU1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    318000 | PA      | $321842.78    | 0.81%             | 2033-05-24      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| Vanguard Extended Duration Treasury Index Fd         | VANGUARD EXTENDED DURATION TREASURY ETF            | CUSIP: 921910709<br>LEI: N/A                  | Long             |  | RF                | US        |     11622 | NS      | $795525.90    | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal National Mortgage Association                | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XL6Z6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    206153 | PA      | $173771.57    | 0.44%             | 2052-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| JPMBB COMMERCIAL MORTGAGE SECURITIES TRUST           | JPMBB COMMERCIAL MORTGAGE SECURITIES TRUST 2014 C2 | CUSIP: 46643PBE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     11611 | PA      | $11479.76     | 0.03%             | 2047-11-15      | Fixed         | 3.67%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DWEP4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    646264 | PA      | $568313.03    | 1.42%             | 2052-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST                  | GS MORTGAGE BACKED SECURITIES TRUST 2021 PJ8       | CUSIP: 36262WAJ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     96746 | PA      | $86607.65     | 0.22%             | 2052-01-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| COMSTOCK RESOURCES, INC.                             | COMSTOCK RESOURCES INC                             | CUSIP: 205768AS3<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |     97000 | PA      | $96841.56     | 0.24%             | 2029-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| BBCMS TRUST                                          | BBCMS MORTGAGE TRUST 2024 5C29                     | CUSIP: 05555PAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $202091.38    | 0.51%             | 2057-09-15      | Variable      | 4.74%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133KMMG7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    341461 | PA      | $287831.61    | 0.72%             | 2051-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BRAVO RESIDENTIAL FUNDING TRUST                      | BRAVO RESIDENTIAL FUNDING TRUST 2024 NQM4          | CUSIP: 10568NAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    132479 | PA      | $130639.58    | 0.33%             | 2060-01-25      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST                           | JP MORGAN MORTGAGE TRUST 2018 6                    | CUSIP: 46650JAT1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     97233 | PA      | $90118.67     | 0.23%             | 2048-12-25      | Variable      | 3.93%                 | No            |                  2 | On Loan: No      |
| KRAKEN OIL & GAS PARTNERS LLC                        | KRAKEN OIL GAS PARTNERS LLC                        | CUSIP: 50076PAA6<br>LEI: 549300DR5HSL4YAU3X12 | Long             | DBT              | CORP              | US        |     77000 | PA      | $76320.96     | 0.19%             | 2029-08-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| GXO LOGISTICS, INC.                                  | GXO LOGISTICS INC                                  | CUSIP: 36262GAD3<br>LEI: 5493007CNWMXN78JRN66 | Long             | DBT              | CORP              | US        |    386000 | PA      | $344020.56    | 0.86%             | 2031-07-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST                           | JP MORGAN MORTGAGE TRUST 2017 2                    | CUSIP: 46648HBC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250836 | PA      | $226231.11    | 0.57%             | 2047-05-25      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| VanEck Emerging Markets High Yield Bond ETF          | VANECK VECTORS EMERGING MARKETS HIGH YIELD BOND ET | CUSIP: 92189F353<br>LEI: N/A                  | Long             |  | RF                | US        |     49113 | NS      | $984715.65    | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| DELL INTERNATIONAL L.L.C.                            | DELL INTERNATIONAL LLC EMC CORP                    | CUSIP: 24703DBN0<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    307000 | PA      | $316982.83    | 0.79%             | 2034-04-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| OVINTIV INC.                                         | OVINTIV INC                                        | CUSIP: 69047QAC6<br>LEI: 2549003MEX7YMKLGI239 | Long             | DBT              | CORP              | US        |    303000 | PA      | $319609.69    | 0.80%             | 2033-07-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31418ESQ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    534584 | PA      | $488590.25    | 1.22%             | 2053-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| INTERSTATE POWER AND LIGHT COMPANY                   | INTERSTATE POWER AND LIGHT CO                      | CUSIP: 461070AU8<br>LEI: EF9UQIIO4KY2BWOK3P26 | Long             | DBT              | CORP              | US        |    303000 | PA      | $317723.45    | 0.80%             | 2033-10-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3138LCQM0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     91613 | PA      | $91205.04     | 0.23%             | 2025-12-01      | Fixed         | 3.03%                 | No            |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST                  | NEW RESIDENTIAL MORTGAGE LOAN TRUST 2021 INV2      | CUSIP: 64831GAL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    137668 | PA      | $128821.67    | 0.32%             | 2051-09-25      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132E07J5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    159681 | PA      | $146693.59    | 0.37%             | 2050-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BANK5                                                | BANK5 2023 5YR1                                    | CUSIP: 06644EAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    140000 | PA      | $143330.87    | 0.36%             | 2056-04-15      | Variable      | 5.78%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc.                     | PHILIP MORRIS INTERNATIONAL INC                    | CUSIP: 718172DJ5<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    308000 | PA      | $318037.60    | 0.80%             | 2034-02-13      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COREWEAVE, INC.                                      | COREWEAVE INC                                      | CUSIP: 21873SAB4<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |     88000 | PA      | $90885.87     | 0.23%             | 2030-06-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| RITHM CAPITAL CORP.                                  | RITHM CAPITAL CORP                                 | CUSIP: 64828TAB8<br>LEI: 549300WNTHGEO5LP2G31 | Long             | DBT              | CORP              | US        |     96000 | PA      | $98261.95     | 0.25%             | 2029-04-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| THE GOLDMAN SACHS GROUP, INC.                        | GOLDMAN SACHS GROUP INC THE                        | CUSIP: 38141GXA7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    356000 | PA      | $329245.06    | 0.83%             | 2039-04-23      | Fixed         | 4.41%                 | No            |                  2 | On Loan: No      |
| PRMI SECURITIZATION TRUST                            | PRMI SECURITIZATION TRUST 2021 1                   | CUSIP: 69359DAL7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     68215 | PA      | $59441.49     | 0.15%             | 2051-04-25      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DWDS9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    753191 | PA      | $663066.89    | 1.66%             | 2052-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST                           | JP MORGAN MORTGAGE TRUST 2021 10                   | CUSIP: 46654ABE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    259628 | PA      | $243581.52    | 0.61%             | 2051-12-25      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140N0D51<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    447855 | PA      | $379564.04    | 0.95%             | 2052-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U S TREASURY NOTE                                  | CUSIP: 91282CNV9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    612000 | PA      | $611976.10    | 1.53%             | 2027-08-31      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                          | STATE OF ILLINOIS                                  | CUSIP: 452151LF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     69804 | PA      | $71010.41     | 0.18%             | 2033-06-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST                           | JP MORGAN MORTGAGE TRUST 2021 4                    | CUSIP: 46652VBD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    183969 | PA      | $170362.14    | 0.43%             | 2051-08-25      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DWCZ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    430401 | PA      | $348697.63    | 0.87%             | 2052-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| THE FEDERAL HOME LOAN BANKS                          | FEDERAL HOME LOAN BANK                             | CUSIP: 3130B1KK2<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    105000 | PA      | $104995.80    | 0.26%             | 2027-11-26      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DWNR0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    462315 | PA      | $422529.45    | 1.06%             | 2055-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FLA TRAN SYS SALES SURTAX REV        | COUNTY OF MIAMI DADE FL TRANSIT SYSTEM             | CUSIP: 59334PCZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $66805.62     | 0.17%             | 2032-07-01      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS INC.                        | UNIVISION COMMUNICATIONS INC                       | CUSIP: 914906AX0<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |     78000 | PA      | $78373.23     | 0.20%             | 2030-06-30      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XGY45<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    253260 | PA      | $213481.84    | 0.54%             | 2051-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140LQH60<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    231830 | PA      | $186923.98    | 0.47%             | 2052-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| TRK TRUST                                            | TRK 2021 INV2 TRUST                                | CUSIP: 87267TAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     78942 | PA      | $71189.44     | 0.18%             | 2056-11-25      | Variable      | 1.97%                 | No            |                  2 | On Loan: No      |
| FORD CREDIT AUTO OWNER TRUST                         | FORD CREDIT AUTO OWNER TRUST 2024 A                | CUSIP: 34535EAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $101099.35    | 0.25%             | 2028-12-15      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| EQT CORPORATION                                      | EQT CORP                                           | CUSIP: 26884LAR0<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    324000 | PA      | $339085.54    | 0.85%             | 2034-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BANK                                                 | BANK 2024 BNK47                                    | CUSIP: 06540GBA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     50000 | PA      | $51218.55     | 0.13%             | 2057-06-15      | Fixed         | 6.83%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DWDZ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    368817 | PA      | $324331.80    | 0.81%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CCUBS COMMERCIAL MORTGAGE TRUST                      | CCUBS COMMERCIAL MORTGAGE TRUST 2017 C1            | CUSIP: 12508GAT3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     76489 | PA      | $74869.05     | 0.19%             | 2050-11-15      | Fixed         | 3.28%                 | No            |                  2 | On Loan: No      |
| CSAIL COMMERCIAL MORTGAGE TRUST                      | CSAIL 2018 C14 COMMERCIAL MORTGAGE TRUST           | CUSIP: 12596GAZ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    135000 | PA      | $133976.88    | 0.34%             | 2051-11-15      | Variable      | 4.42%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DWDJ9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    623711 | PA      | $528052.13    | 1.32%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                          | BANK OF AMERICA CORP                               | CUSIP: 06051GMA4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    316000 | PA      | $329977.01    | 0.83%             | 2035-01-23      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| GCAT TRUST                                           | GCAT 2021 NQM5 TRUST                               | CUSIP: 36168KAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    119564 | PA      | $101361.69    | 0.25%             | 2066-07-25      | Variable      | 1.26%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31418ED80<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    435020 | PA      | $412066.27    | 1.03%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BMO MORTGAGE TRUST                                   | BMO 2024 C9 MORTGAGE TRUST                         | CUSIP: 05593MAB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $105200.97    | 0.26%             | 2057-07-15      | Variable      | 6.54%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORPORATION                             | STATE STREET CORP                                  | CUSIP: 857477CC5<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    309000 | PA      | $320111.70    | 0.80%             | 2034-05-18      | Fixed         | 5.16%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31418ED56<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    314244 | PA      | $266052.10    | 0.67%             | 2052-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LIMITED PARTNERSHIP                | BOSTON PROPERTIES LP                               | CUSIP: 10112RBJ2<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |    317000 | PA      | $324032.32    | 0.81%             | 2035-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U S TREASURY NOTE                                  | CUSIP: 91282CNY3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    246000 | PA      | $244327.97    | 0.61%             | 2028-09-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DWFL2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    372924 | PA      | $315263.24    | 0.79%             | 2052-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31418EJ35<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    498359 | PA      | $438864.61    | 1.10%             | 2052-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD RESIDENTIAL PROPERTIES ULC                | BROOKFIELD RESIDENTIAL PROPERTIES INC              | CUSIP: 11283YAG5<br>LEI: 549300C2SXDXVIUV3Q14 | Long             | DBT              | CORP              | CA        |    110000 | PA      | $104826.99    | 0.26%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING, LLC                               | DIRECTV FINANCING LLC                              | CUSIP: 25461LAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     79000 | PA      | $78345.09     | 0.20%             | 2030-02-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN TRANSN AUTH N Y REV                     | METROPOLITAN TRANSPORTATION AUTHORITY              | CUSIP: 59259YBZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $59371.87     | 0.15%             | 2039-11-15      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DWEF6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    299271 | PA      | $252591.93    | 0.63%             | 2052-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN, INC.                                  | KINDER MORGAN INC                                  | CUSIP: 49456BAG6<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    318000 | PA      | $324445.82    | 0.81%             | 2034-12-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST                | WELLS FARGO COMMERCIAL MORTGAGE TRUST 2016 C34     | CUSIP: 95000DBD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    110000 | PA      | $108760.66    | 0.27%             | 2049-06-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31418ED64<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    607993 | PA      | $534662.54    | 1.34%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL I TRUST                       | MORGAN STANLEY CAPITAL I TRUST 2019 L2             | CUSIP: 61768HAW6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $97891.85     | 0.25%             | 2052-03-15      | Fixed         | 4.07%                 | No            |                  2 | On Loan: No      |
| CARMAX AUTO OWNER TRUST                              | CARMAX AUTO OWNER TRUST 2022 3                     | CUSIP: 14318MAG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     60000 | PA      | $60314.80     | 0.15%             | 2028-02-15      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST                             | ANGEL OAK MORTGAGE TRUST 2021 7                    | CUSIP: 03464JAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    159333 | PA      | $139015.76    | 0.35%             | 2066-10-25      | Fixed         | 1.98%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV | NEW YORK CITY MUNICIPAL WATER FINANCE AUTHORITY    | CUSIP: 64972FY34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31120.54     | 0.08%             | 2044-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| United States of America                             | UNITED STATES TREASURY BILL                        | CUSIP: 912797QY6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    850000 | PA      | $843545.90    | 2.11%             | 2025-12-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| COLT MORTGAGE LOAN TRUST                             | COLT 2021 HX1 MORTGAGE LOAN TRUST                  | CUSIP: 19688KAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     93578 | PA      | $81051.28     | 0.20%             | 2066-10-25      | Variable      | 1.11%                 | No            |                  2 | On Loan: No      |
| BENCHMARK MORTGAGE TRUST                             | BENCHMARK 2024 V7 MORTGAGE TRUST                   | CUSIP: 08163YAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    127000 | PA      | $134270.61    | 0.34%             | 2029-06-15      | Variable      | 6.23%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F0426A6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    747000 | PA      | $724483.81    | 1.82%             | 2055-10-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| THE BOEING COMPANY                                   | BOEING CO THE                                      | CUSIP: 097023AU9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    304000 | PA      | $327056.00    | 0.82%             | 2033-02-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| ArcelorMittal SA                                     | ARCELORMITTAL SA                                   | CUSIP: 03938LBF0<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |    292000 | PA      | $324830.22    | 0.81%             | 2032-11-29      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DNZX4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    470827 | PA      | $398031.49    | 1.00%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BANK                                                 | BANK 2019 BNK22                                    | CUSIP: 06540XBG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $94354.84     | 0.24%             | 2062-11-15      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| Brookfield Infrastructure Partners L.P.              | BROOKFIELD INFRASTRUCTUR                           | CUSIP: G16252275<br>LEI: 549300WEH5R2OODI7Y90 | Long             | EP               | CORP              | BM        |      4695 | NS      | $81693.00     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| DELL EQUIPMENT FINANCE TRUST                         | DELL EQUIPMENT FINANCE TRUST 2023 3                | CUSIP: 24702EAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     66492 | PA      | $66931.00     | 0.17%             | 2029-04-23      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| COLT TRUST                                           | COLT 2020 2R MORTGAGE LOAN TRUST                   | CUSIP: 12656GAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     16223 | PA      | $15246.79     | 0.04%             | 2065-10-26      | Fixed         | 1.32%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DWEH2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    449751 | PA      | $411479.96    | 1.03%             | 2052-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TYSON FOODS, INCORPORATED                            | TYSON FOODS INC                                    | CUSIP: 902494BM4<br>LEI: WD6L6041MNRW1JE49D58 | Long             | DBT              | CORP              | US        |    306000 | PA      | $322443.29    | 0.81%             | 2034-03-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| U.S. BANCORP                                         | US BANCORP                                         | CUSIP: 91159HJR2<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    307000 | PA      | $323237.68    | 0.81%             | 2035-01-23      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| BANK5                                                | BANK5 2023 5YR1                                    | CUSIP: 06644EBM9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    260000 | PA      | $230953.84    | 0.58%             | 2056-04-15      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140QNSY9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    153339 | PA      | $136222.50    | 0.34%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 3137FPHR9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    100000 | PA      | $94369.15     | 0.24%             | 2029-08-25      | Fixed         | 2.41%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133BBF53<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    493987 | PA      | $434967.64    | 1.09%             | 2052-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133KMYC3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    403444 | PA      | $340080.24    | 0.85%             | 2051-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BBCMS TRUST                                          | BBCMS MORTGAGE TRUST 2024 C24                      | CUSIP: 07336VAS0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    168716 | PA      | $170385.84    | 0.43%             | 2057-02-15      | Variable      | 5.23%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XFMT5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     83129 | PA      | $70071.90     | 0.18%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31418EJ43<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    379856 | PA      | $347626.88    | 0.87%             | 2052-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XK2K5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    503022 | PA      | $442043.03    | 1.11%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                 | JPMORGAN CHASE CO                                  | CUSIP: 46647PBM7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    448000 | PA      | $352068.25    | 0.88%             | 2041-04-22      | Fixed         | 3.11%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132D6HY9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    183448 | PA      | $180466.74    | 0.45%             | 2040-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PRKCM TRUST                                          | PRKCM 2021 AFC2 TRUST                              | CUSIP: 69361JAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    255062 | PA      | $227227.13    | 0.57%             | 2056-11-25      | Variable      | 2.07%                 | No            |                  2 | On Loan: No      |
| FLAGSTAR MORTGAGE TRUST                              | FLAGSTAR MORTGAGE TRUST 2021 4                     | CUSIP: 33852FAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     69234 | PA      | $61895.75     | 0.16%             | 2051-06-01      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                | WELLS FARGO CO                                     | CUSIP: 949746RF0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    321000 | PA      | $321343.81    | 0.81%             | 2044-01-15      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XDXX9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     84996 | PA      | $71646.00     | 0.18%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F0506A9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    257000 | PA      | $254855.89    | 0.64%             | 2055-10-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ATHENAHEALTH GROUP INC.                              | ATHENAHEALTH GROUP INC                             | CUSIP: 60337JAA4<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | DBT              | CORP              | US        |     99000 | PA      | $98189.98     | 0.25%             | 2030-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BENCHMARK MORTGAGE TRUST                             | BENCHMARK 2024 V5 MORTGAGE TRUST                   | CUSIP: 08163XBB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    240000 | PA      | $244562.28    | 0.61%             | 2057-01-10      | Variable      | 6.06%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINANCIAL COMPANY, INC.               | GENERAL MOTORS FINANCIAL CO INC                    | CUSIP: 37045XEP7<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    305000 | PA      | $320644.92    | 0.80%             | 2034-01-07      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| State of California                                  | STATE OF CALIFORNIA                                | CUSIP: 13063A5G5<br>LEI: N/A                  | Long             | DBT              |  | US        |     60000 | PA      | $73206.89     | 0.18%             | 2039-04-01      | Fixed         | 7.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 3137HAGS9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    100000 | PA      | $98110.93     | 0.25%             | 2033-07-25      | Variable      | 4.05%                 | No            |                  2 | On Loan: No      |
| HCA INC.                                             | HCA INC                                            | CUSIP: 404119CU1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    307000 | PA      | $318692.00    | 0.80%             | 2034-04-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DWC76<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    121195 | PA      | $102478.78    | 0.26%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO MORTGAGE BACKED SECURITIES TRUST         | WELLS FARGO MORTGAGE BACKED SECURITIES 2021 2 TRUS | CUSIP: 949798AC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    116932 | PA      | $104495.85    | 0.26%             | 2051-06-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| RITHM CAPITAL CORP.                                  | RITHM CAPITAL CORP                                 | CUSIP: 64828T706<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EP               | CORP              | US        |      3204 | NS      | $78690.24     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                                          | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DWEJ8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    605879 | PA      | $572626.45    | 1.44%             | 2052-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DWD34<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     79596 | PA      | $75227.63     | 0.19%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO MORTGAGE BACKED SECURITIES TRUST         | WELLS FARGO MORTGAGE BACKED SECURITIES 2022 INV1 T | CUSIP: 95003NAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     77563 | PA      | $67164.67     | 0.17%             | 2052-03-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| ALIGNED DATA CENTERS                                 | ALIGNED DATA CENTERS ISSUER LLC                    | CUSIP: 01627AAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $97607.71     | 0.24%             | 2046-08-15      | Fixed         | 1.94%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO MORTGAGE BACKED SECURITIES TRUST         | WELLS FARGO MORTGAGE BACKED SECURITIES 2022 INV1 T | CUSIP: 95003NAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    129050 | PA      | $117731.34    | 0.30%             | 2052-03-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| THE FEDERAL HOME LOAN BANKS                          | FEDERAL HOME LOAN BANK                             | CUSIP: 3130B7S70<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    100000 | PA      | $99545.58     | 0.25%             | 2040-09-25      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140LQRN2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    461623 | PA      | $389283.55    | 0.98%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XNRJ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     42699 | PA      | $37553.97     | 0.09%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                       | MORGAN STANLEY                                     | CUSIP: 61747YFL4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    314000 | PA      | $327044.90    | 0.82%             | 2035-01-18      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U S TREASURY BOND                                  | CUSIP: 912810TX6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    372000 | PA      | $343373.44    | 0.86%             | 2054-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO MORTGAGE BACKED SECURITIES TRUST         | WELLS FARGO MORTGAGE BACKED SECURITIES 2021 1 TRUS | CUSIP: 95003ABH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    231455 | PA      | $201075.93    | 0.50%             | 2050-12-25      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| PATTERSON-UTI ENERGY, INC.                           | PATTERSON UTI ENERGY INC                           | CUSIP: 703481AD3<br>LEI: 254900XGFBKIXD6G0697 | Long             | DBT              | CORP              | US        |    299000 | PA      | $316757.24    | 0.79%             | 2033-10-01      | Fixed         | 7.15%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31418ECQ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    501059 | PA      | $423514.75    | 1.06%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DQ2C9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    400678 | PA      | $343601.11    | 0.86%             | 2052-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PILGRIM'S PRIDE CORPORATION                          | PILGRIM S PRIDE CORP                               | CUSIP: 72147KAJ7<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |    342000 | PA      | $330557.23    | 0.83%             | 2031-04-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Appalachian Power Company                            | APPALACHIAN POWER CO                               | CUSIP: 037735DB0<br>LEI: 3SCHO1ABYYIG382BEI70 | Long             | DBT              | CORP              | US        |    309000 | PA      | $322632.87    | 0.81%             | 2034-04-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U S TREASURY NOTE                                  | CUSIP: 91282CNT4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1263000 | PA      | $1273261.88   | 3.19%             | 2035-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Transocean International Limited                     | TRANSOCEAN INC                                     | CUSIP: 893830BX6<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     61500 | PA      | $64708.52     | 0.16%             | 2030-02-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| BENCHMARK MORTGAGE TRUST                             | BENCHMARK 2020 B20 MORTGAGE TRUST                  | CUSIP: 08162XBM5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     65000 | PA      | $51930.16     | 0.13%             | 2053-10-15      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| BENCHMARK MORTGAGE TRUST                             | BENCHMARK 2024 V6 MORTGAGE TRUST                   | CUSIP: 081927AE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $104717.10    | 0.26%             | 2029-03-15      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| Rareview Dynamic Fixed Income ETF                    | RAREVIEW DYNAMIC FIXED INCOME ETF                  | CUSIP: 19423L722<br>LEI: N/A                  | Long             |  | RF                | US        |    131806 | NS      | $3200895.53   | 8.02%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO MORTGAGE BACKED SECURITIES TRUST         | WELLS FARGO MORTGAGE BACKED SECURITIES 2022 2 TRUS | CUSIP: 949930AB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     76337 | PA      | $63457.30     | 0.16%             | 2051-12-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BENCHMARK MORTGAGE TRUST                             | BENCHMARK 2024 V7 MORTGAGE TRUST                   | CUSIP: 08163YAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $105407.98    | 0.26%             | 2056-05-15      | Variable      | 6.53%                 | No            |                  2 | On Loan: No      |
| BANK                                                 | BANK 2019 BNK22                                    | CUSIP: 06540XBL4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    140000 | PA      | $128216.07    | 0.32%             | 2062-11-15      | Variable      | 3.41%                 | No            |                  2 | On Loan: No      |
| EASTMAN CHEMICAL COMPANY                             | EASTMAN CHEMICAL CO                                | CUSIP: 277432AY6<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | DBT              | CORP              | US        |    306000 | PA      | $315124.80    | 0.79%             | 2034-02-20      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U S TREASURY NOTE                                  | CUSIP: 91282CNW7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1190000 | PA      | $1186467.19   | 2.97%             | 2032-08-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| INTEL CORPORATION                                    | INTEL CORP                                         | CUSIP: 458140CL2<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    269000 | PA      | $272736.18    | 0.68%             | 2034-02-21      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| VERIZON MASTER TRUST                                 | VERIZON MASTER TRUST                               | CUSIP: 92348KCQ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    215000 | PA      | $219710.22    | 0.55%             | 2030-04-22      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| MED COMMERCIAL MORTGAGE TRUST                        | MED COMMERCIAL MORTGAGE TRUST 2024 MOB             | CUSIP: 55287BAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    145000 | PA      | $144642.26    | 0.36%             | 2041-05-15      | Floating      | 5.74%                 | No            |                  2 | On Loan: No      |
| DALLAS TEX                                           | CITY OF DALLAS TX                                  | CUSIP: 235219MD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31407.49     | 0.08%             | 2030-02-15      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31418EE48<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    410640 | PA      | $375841.75    | 0.94%             | 2052-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST                           | JP MORGAN MORTGAGE TRUST 2024 INV1                 | CUSIP: 46658PAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    297993 | PA      | $299401.77    | 0.75%             | 2055-04-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-30

**Name of Applicant:** Collaborative Investment Series Trust

**Signature:** Bill McCormick

**Name of Signer:** Bill McCormick

**Title:** Treasurer