# EDGAR Filing Document

**Accession Number:** 0001199046
**File Stem:** 0000910472-26-005889
**Filing Date:** 2026-4
**Character Count:** 119385
**Document Hash:** e825c9e125be75d1514c120564e921bd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-005889.hdr.sgml**: 20260428

**ACCESSION NUMBER**: 0000910472-26-005889

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260428

**DATE AS OF CHANGE**: 20260428

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** UNIFIED SERIES TRUST
- **CENTRAL INDEX KEY:** 0001199046

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21237
- **FILM NUMBER:** 26903935

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE, SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 513-346-3324

**MAIL ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE, SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246

## Series and Classes Contracts Data

### OneAscent Core Plus Bond ETF (Series ID: S000075566)

| Class ID   | Class Name                   | Ticker Symbol   |
|:---|:---|:---|
| C000234764 | OneAscent Core Plus Bond ETF | OACP            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Unified Series Trust

- **b. Investment Company Act file number:** 811-21237

- **c. CIK number of Registrant:** 0001199046

- **d. LEI of Registrant:** 549300NFHRL589EP7U13

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

  - **Street Address 1:** 225 Pictoria Drive

  - **City:** Cincinnati

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 513-587-3400

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

- **a. Name of Series:** ONEASCENT CORE PLUS BOND ETF

- **b. EDGAR series identifier (if any):** S000075566

- **c. LEI of Series:** 549300C8XYISUNJLX703

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

- **a. Date of fiscal year-end:** 2026-08-31

- **b. Date as of which information is reported:** 2026-02-28

**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:** $253834550.34

**Total Liabilities:** $19195732.56

**Net Assets:** $234638817.78

**Cash Not Reported:** $383816.04

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 727.46243736 | **1-Year:** 4305.24691366 | **5-Year:** 32467.75842694 | **10-Year:** 36672.45284843 | **30-Year:** 18401.52196996

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

- **3-Month:** 21.13099011 | **1-Year:** 698.06469452 | **5-Year:** 2965.33330824 | **10-Year:** 931.32848282 | **30-Year:** 0.06378741

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000234764 | -0.08%               | 0.20%                | 1.29%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $80143.12                | $-1016858.36                               |
| Month 2  | $313761.85               | $-660343.31                                |
| Month 3  | $-447577.44              | $2596623.31                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Abu Dhabi Future Energy Company - PJSC - Masdar                                                 | Abu Dhabi Future Energy Company Pjsc Masdar 4.875%, Due 05/21/2030                  | CUSIP: M0153QAD5<br>LEI: 213800BBECR1I9FTPZ70 | Long             | DBT              | CORP              | AE        |   1000000 | PA      | $1021709.76   | 0.44%             | 2030-05-21      | Fixed         | 4.88%                 | Yes           | 2                  | On Loan: No      |
| Korea Electric Power Corp.                                                                      | Korea Electric Power Corporation 4.125%, Due 11/12/2030                             | CUSIP: 500631BJ4<br>LEI: 988400QG33WS7JEIV602 | Long             | DBT              | CORP              | KR        |   1000000 | PA      | $1010315.60   | 0.43%             | 2030-11-12      | Fixed         | 4.12%                 | Yes           | 2                  | On Loan: No      |
| NATIONAL FIN AUTH N H                                                                           | New Hampshire Business Finance Authority Floating Rate, Due 07/01/2033              | CUSIP: 63609FAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $850000.00    | 0.36%             | 2033-07-01      | Variable      | 3.84%                 | Yes           | N/A                | On Loan: No      |
| BPCE SA                                                                                         | BPCE S.A. 6.293%, Fixed Until 01/14/2035                                            | CUSIP: 05571ABA2<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |   1325000 | PA      | $1430206.06   | 0.61%             | 2036-01-14      | Fixed         | 6.29%                 | Yes           | 2                  | On Loan: No      |
| Turkcell Iletisim Hizmetleri AS                                                                 | Turkcell Iletisim Hizmetleri A/S 7.65%, Due 01/24/2032                              | CUSIP: 900111AD7<br>LEI: 7890003EX1LTLS2FFL84 | Long             | DBT              | CORP              | TR        |   1025000 | PA      | $1097211.18   | 0.47%             | 2032-01-24      | Fixed         | 7.65%                 | Yes           | 2                  | On Loan: No      |
| JPMorgan Chase & Co.                                                                            | JPMorgan Chase & Company 5.766%, Fixed until 04/22/2034                             | CUSIP: 46647PEH5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    500000 | PA      | $535891.47    | 0.23%             | 2035-04-22      | Fixed         | 5.77%                 | No            | 2                  | On Loan: No      |
| Continental Wind LLC                                                                            | Continental Wind, LLC 6%, Due 02/28/2033                                            | CUSIP: 212168AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    909606 | PA      | $944050.44    | 0.40%             | 2033-02-28      | Fixed         | 6.00%                 | Yes           | 2                  | On Loan: No      |
| Southern California Edison Company                                                              | Southern California Edison Company 5.2%, Due 06/01/2034                             | CUSIP: 842400HZ9<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    575000 | PA      | $584846.73    | 0.25%             | 2034-06-01      | Fixed         | 5.20%                 | No            | 2                  | On Loan: No      |
| OREGON ST                                                                                       | State of Oregon 5.832%, Due 05/01/2045                                              | CUSIP: 68609UNU5<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |    750000 | PA      | $813869.70    | 0.35%             | 2045-05-01      | Fixed         | 5.83%                 | No            | 2                  | On Loan: No      |
| Serbia (Republic Of)                                                                            | Serbia International Bond 6%, Due 06/12/2034                                        | CUSIP: 817477AJ1<br>LEI: 254900W94OCY91V32O78 | Long             | DBT              | NUSS              | RS        |    575000 | PA      | $608862.92    | 0.26%             | 2034-06-12      | Fixed         | 6.00%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                                                        | Ginnie Mae II Pool Pool # MA8201                                                    | CUSIP: 36179XDE3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    789252 | PA      | $786567.26    | 0.34%             | 2052-08-20      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| JPMorgan Chase & Co.                                                                            | JPMorgan Chase & Company 5.576%, Fixed Unitl 07/23/2025                             | CUSIP: 46647PFC5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    825000 | PA      | $857696.45    | 0.37%             | 2036-07-23      | Fixed         | 5.58%                 | No            | 2                  | On Loan: No      |
| Comision Federal de Electricidad                                                                | Comision Federal de Electricidad 6.45%, Due 01/24/2035                              | CUSIP: 200447AP5<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |   1125000 | PA      | $1166423.63   | 0.50%             | 2035-01-24      | Fixed         | 6.45%                 | Yes           | 2                  | On Loan: No      |
| Clearway Energy Operating LLC                                                                   | Clearway Energy Operating, LLC 5.75%, Due 01/15/2034                                | CUSIP: 18539UAG0<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1013648.00   | 0.43%             | 2034-01-15      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| Trustees of Dartmouth College                                                                   | Trustees of Dartmouth College 4.273%, Due 06/01/2030                                | CUSIP: 89837RAE2<br>LEI: JVPL1XBV6YI9538FWQ05 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1017493.18   | 0.43%             | 2030-06-01      | Fixed         | 4.27%                 | No            | 2                  | On Loan: No      |
| Mosaic Solar Loan Trust 2023-2                                                                  | Mosaic Solar Loan Trust 2023-2 8.18%, Due 09/22/2053                                | CUSIP: 61945WAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $110248.70    | 0.05%             | 2053-09-22      | Fixed         | 8.18%                 | Yes           | N/A                | On Loan: No      |
| UBS Group AG                                                                                    | UBS Group A.G. 6.301%, Fixed until 09/22/2033                                       | CUSIP: 225401BG2<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   1000000 | PA      | $1097920.48   | 0.47%             | 2034-09-22      | Fixed         | 6.30%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                                                        | Ginnie Mae II Pool Pool # MA8648                                                    | CUSIP: 36179XTD8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     73984 | PA      | $75415.88     | 0.03%             | 2053-02-20      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                | Fannie Mae Pool Pool # MA4700                                                       | CUSIP: 31418EGJ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1267643 | PA      | $1233813.48   | 0.53%             | 2052-08-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Cpts 2019-Cpt Mtg Trust                                                                         | Century Plaza Towers 2019-CPT Floating Rate, Due 11/13/2039                         | CUSIP: 12654YAE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    740000 | PA      | $690454.26    | 0.29%             | 2039-11-13      | Variable      | 3.00%                 | Yes           | 2                  | On Loan: No      |
| United States Treasury Notes                                                                    | United States Treasury Note 3.5%, Due 02/15/2029                                    | CUSIP: 91282CQA2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3921000 | PA      | $3934018.94   | 1.68%             | 2029-02-15      | Fixed         | 3.50%                 | No            | 1                  | On Loan: No      |
| International Finance Facility for Immunisation                                                 | International Finance Facility for Immunisation Company                             | CUSIP: G4888VBN2<br>LEI: 549300ILK2NRULX3HX87 | Long             | DBT              | NUSS              | GB        |   1000000 | PA      | $996297.11    | 0.42%             | 2026-04-21      | Fixed         | 1.00%                 | Yes           | 2                  | On Loan: No      |
| Credit Agricole Corporate and Investment Bank                                                   | Credit Agricole Corporate & Investment Bank S.A. 4.57%, Due 08/25/2030              | CUSIP: 22534W5E4<br>LEI: 1VUV7VQFKUOQSJ21A208 | Long             | DBT              | CORP              | FR        |   1000000 | PA      | $1000818.88   | 0.43%             | 2030-08-25      | Fixed         | 4.57%                 | No            | 2                  | On Loan: No      |
| Kreditanstalt Fuer Wiederaufbau                                                                 | Kreditanstalt fuer Wiederaufbau 4.375%, Due 02/28/2034                              | CUSIP: 500769KD5<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | NUSS              | DE        |   1000000 | PA      | $1038550.43   | 0.44%             | 2034-02-28      | Fixed         | 4.38%                 | No            | 2                  | On Loan: No      |
| TOTE Shipholdings Inc                                                                           | Tote Shipholdings, LLC 3.4%, Due 10/16/2040                                         | CUSIP: 89156HAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    788000 | PA      | $720686.35    | 0.31%             | 2040-10-16      | Fixed         | 3.40%                 | No            | 2                  | On Loan: No      |
| Morgan Stanley Private Bank National Association                                                | Morgan Stanley Private Bank NA 4.734%, Due 07/18/2031                               | CUSIP: 61776NVG5<br>LEI: 549300GS0W0TEUQS8571 | Long             | DBT              | CORP              | US        |   1125000 | PA      | $1146127.97   | 0.49%             | 2031-07-18      | Fixed         | 4.73%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                | Fannie Mae Pool Pool # MA4626                                                       | CUSIP: 31418ED80<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2134901 | PA      | $2078358.35   | 0.89%             | 2052-06-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Dominican Republic                                                                              | Dominican Republic International Bond 6.6%, Due 06/01/2036                          | CUSIP: 25714PEZ7<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    300000 | PA      | $315540.00    | 0.13%             | 2036-06-01      | Fixed         | 6.60%                 | Yes           | 2                  | On Loan: No      |
| Atlantica Sustainable Infrastructure Group PLC                                                  | California Buyer Ltd. / Atlantica Sustainable Infrastructure plc                    | CUSIP: 13005HAA8<br>LEI: 254900V5SMQ1UP1CLC26 | Long             | DBT              | CORP              | GB        |   1200000 | PA      | $1196592.60   | 0.51%             | 2032-02-15      | Fixed         | 6.38%                 | Yes           | 2                  | On Loan: No      |
| Kaiser Foundation Hospitals                                                                     | Kaiser Foundation Hospitals 2.81%, Due 06/01/2041                                   | CUSIP: 48305QAF0<br>LEI: DW4Z57L3G4IRMHYZYK62 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $761282.25    | 0.32%             | 2041-06-01      | Fixed         | 2.81%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                | Fannie Mae Pool Pool # MA4920                                                       | CUSIP: 31418EPE4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    268951 | PA      | $277689.84    | 0.12%             | 2053-02-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Vistra Corp                                                                                     | Vistra Corporation 7% Until 12/15/2026                                              | CUSIP: 92840MAC6<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1012812.00   | 0.43%             | N/A             | Fixed         | 7.00%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                           | Fannie Mae Pool Pool # CB3905                                                       | CUSIP: 3140QPKT3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    168754 | PA      | $159380.42    | 0.07%             | 2052-06-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| BB Blue Financing Designated Activity Company                                                   | BB Blue Financing DAC 4.395%, Due 09/20/2037                                        | CUSIP: G0863UAB8<br>LEI: 635400ZEZBP91CFF7965 | Long             | DBT              | CORP              | IE        |   1000000 | PA      | $992396.49    | 0.42%             | 2037-09-20      | Fixed         | 4.39%                 | No            | 2                  | On Loan: No      |
| International Bank for Reconstruction & Development                                             | International Bank for Reconstruction & Development                                 | CUSIP: 459058KR3<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | US        |    500000 | PA      | $491820.90    | 0.21%             | 2028-03-31      | Floating      | 4.75%                 | No            | N/A                | On Loan: No      |
| International Development Association                                                           | International Development Association 4.375%, Due 11/27/2029                        | CUSIP: 45939E2C3<br>LEI: P41R60HC414IWQA1XW02 | Long             | DBT              | NUSS              | US        |    850000 | PA      | $875604.62    | 0.37%             | 2029-11-27      | Fixed         | 4.38%                 | Yes           | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                | Freddie Mac Pool Pool # QD7557                                                      | CUSIP: 3133B5ME9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    170703 | PA      | $156419.92    | 0.07%             | 2052-02-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Bridge Housing Corporation                                                                      | Bridge Housing Corporation 5.321%, Due 07/15/2035                                   | CUSIP: 10806CAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    600000 | PA      | $617493.83    | 0.26%             | 2035-07-15      | Fixed         | 5.32%                 | No            | 2                  | On Loan: No      |
| Topaz Solar Farms LLC                                                                           | Topaz Solar Farms, LLC 5.75%, Due 09/30/2039                                        | CUSIP: 89054XAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1828959 | PA      | $1844532.59   | 0.79%             | 2039-09-30      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| Western Midstream Operating  LP                                                                 | Western Midstream Operating, L.P. 5.5%, Due 12/15/2035                              | CUSIP: 958667AJ6<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    625000 | PA      | $630513.12    | 0.27%             | 2035-12-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                                                        | Ginnie Mae II Pool Pool # MA8646                                                    | CUSIP: 36179XTB2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    124795 | PA      | $124190.48    | 0.05%             | 2053-02-20      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Midamerican Energy Company                                                                      | MidAmerican Energy Company 5.3%, Due 02/01/2055                                     | CUSIP: 595620AZ8<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |   1050000 | PA      | $1019333.18   | 0.43%             | 2055-02-01      | Fixed         | 5.30%                 | No            | 2                  | On Loan: No      |
| National Community Renaissance California                                                       | National Community Renaissance of California 3.27%, Due 12/01/2032                  | CUSIP: 63548MAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $882149.01    | 0.38%             | 2032-12-01      | Fixed         | 3.27%                 | No            | 2                  | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD                                          | Freddie Mac Multifamily ML Certificates 1.508%, Due 09/25/2037                      | CUSIP: 3137HASR8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGSE             | US        |   4765904 | PA      | $506567.99    | 0.22%             | 2037-09-25      | None          | 1.51%                 | No            | N/A                | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                | Freddie Mac Pool Pool # SD8213                                                      | CUSIP: 3132DWDS9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    552973 | PA      | $501602.90    | 0.21%             | 2052-05-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                | Freddie Mac Multiclass Certificates Series 2015-P001                                | CUSIP: 3137H74G5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   1000000 | PA      | $935656.40    | 0.40%             | 2032-02-25      | Variable      | 2.76%                 | No            | N/A                | On Loan: No      |
| International Bank for Reconstruction & Development                                             | International Bank for Reconstruction & Development                                 | CUSIP: 459058MA8<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | US        |   1000000 | PA      | $1005067.04   | 0.43%             | 2032-03-31      | Variable      | 1.12%                 | No            | 2                  | On Loan: No      |
| ARIZONA INDL DEV AUTH                                                                           | Arizona Industrial Development Authority 5.259%, Due 10/01/2033                     | CUSIP: 04052AEP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1045824.40   | 0.45%             | 2033-10-01      | Fixed         | 5.26%                 | No            | 2                  | On Loan: No      |
| Alcoa Nederland Holding B.V.                                                                    | Alcoa Nederland Holding BV 7.125%, Due 03/15/2031                                   | CUSIP: 013822AH4<br>LEI: 5493000UL1QLQLT1VQ42 | Long             | DBT              | CORP              | NL        |   1030000 | PA      | $1089559.75   | 0.46%             | 2031-03-15      | Fixed         | 7.12%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                           | Fannie Mae Pool Pool # FS0522                                                       | CUSIP: 3140XFSL6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1020748 | PA      | $899170.42    | 0.38%             | 2052-02-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Smurfit Westrock Financing Designated Activity Co.                                              | Smurfit Westrock Financing DAC 5.185%, Due 01/15/2036                               | CUSIP: 83272YAC6<br>LEI: 6354005S6ZLHLVX7VT12 | Long             | DBT              | CORP              | IE        |   1000000 | PA      | $1021114.52   | 0.44%             | 2036-01-15      | Fixed         | 5.18%                 | No            | 2                  | On Loan: No      |
| Starwood Property Trust, Inc.                                                                   | Starwood Property Trust, Inc. 5.25%, Due 10/15/2028                                 | CUSIP: 85571BBF1<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |    480000 | PA      | $482522.40    | 0.21%             | 2028-10-15      | Fixed         | 5.25%                 | Yes           | 2                  | On Loan: No      |
| NHP Foundation                                                                                  | NHP Foundation (The) 6%, Due 12/01/2033                                             | CUSIP: 62925MAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $544295.64    | 0.23%             | 2033-12-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| NatWest Group PLC                                                                               | NatWest Group plc 8.125%, Fixed until 5/10/2034                                     | CUSIP: 639057AQ1<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $1128248.00   | 0.48%             | N/A             | Fixed         | 8.12%                 | No            | 2                  | On Loan: No      |
| TRINITY RAIL LEASING 2025 LLC                                                                   | Trinity Rail Leasing 2025, LLC 5.09%, Due 10/19/2055                                | CUSIP: 89657MAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    494457 | PA      | $502908.07    | 0.21%             | 2055-10-19      | Fixed         | 5.09%                 | Yes           | N/A                | On Loan: No      |
| CHI COMMERCIAL MORTGAGE TRUST 2025-                                                             | CHI Commercial Mortgage Trust 2025-SFT Floating Rate, Due 04/15/2042                | CUSIP: 16706GAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3925000 | PA      | $34101.19     | 0.01%             | 2042-04-15      | Variable      | 0.31%                 | Yes           | N/A                | On Loan: No      |
| TotalEnergies Capital S.A.                                                                      | TotalEnergies Capital S.A. 5.425%, Due 09/10/2064                                   | CUSIP: 89157XAF8<br>LEI: 529900QI55ZLJVCMPA71 | Long             | DBT              | CORP              | FR        |   1200000 | PA      | $1148675.89   | 0.49%             | 2064-09-10      | Fixed         | 5.42%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                | Fannie Mae Pool Pool # MA5039                                                       | CUSIP: 31418ES50<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    706951 | PA      | $721319.41    | 0.31%             | 2053-06-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| The Toronto-Dominion Bank                                                                       | Toronto-Dominion Bank (The) 4.701%, Due 06/05/2026                                  | CUSIP: C8888MBN7<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   1000000 | PA      | $1002337.26   | 0.43%             | 2026-06-05      | Fixed         | 4.70%                 | Yes           | 2                  | On Loan: No      |
| Canadian Imperial Bank of Commerce                                                              | Canadian Imperial Bank of Commerce 7%, Fixed Until 10/28/2030                       | CUSIP: 13607P7Y4<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |   1075000 | PA      | $1118578.35   | 0.48%             | 2085-10-28      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Duke Energy Carolinas  LLC                                                                      | Duke Energy Carolinas, LLC 3.55%, Due 03/15/2052                                    | CUSIP: 26442CBH6<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $734810.92    | 0.31%             | 2052-03-15      | Fixed         | 3.55%                 | No            | 2                  | On Loan: No      |
| Delta Air Lines Inc.                                                                            | Delta Air Lines 2020-1 Class A Pass Through Trust 2.5%, Due 06/10/2028              | CUSIP: 247361ZW1<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | ABS-O            | CORP              | US        |    990961 | PA      | $958272.40    | 0.41%             | 2028-06-10      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Occidental Petroleum Corp.                                                                      | Occidental Petroleum Corporation 6.05%, Due 10/01/2054                              | CUSIP: 674599EM3<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    400000 | PA      | $398788.60    | 0.17%             | 2054-10-01      | Fixed         | 6.05%                 | No            | 2                  | On Loan: No      |
| Cheniere Energy Partners Lp                                                                     | Cheniere Energy Partners, L.P. 4%, Due 03/01/2031                                   | CUSIP: 16411QAK7<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $980747.68    | 0.42%             | 2031-03-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| SUN HEL XII ISSUER LLC 2023-B                                                                   | Sunnova Helios XII Issuer, LLC 6%, Due 08/22/2050                                   | CUSIP: 86745YAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    753151 | PA      | $524032.79    | 0.22%             | 2050-08-22      | Fixed         | 6.00%                 | Yes           | N/A                | On Loan: No      |
| Bridge Housing Corporation                                                                      | Bridge Housing Corporation 3.25%, Due 07/15/2030                                    | CUSIP: 10806CAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $950729.32    | 0.41%             | 2030-07-15      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| UBS Group AG                                                                                    | UBS Group A.G. 9.25%, Fixed until 11/13/2028                                        | CUSIP: 902613BF4<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    625000 | PA      | $683450.00    | 0.29%             | N/A             | Fixed         | 9.25%                 | Yes           | 2                  | On Loan: No      |
| NEW YORK N Y                                                                                    | City of New York NY 5.094%, Due 10/01/2049                                          | CUSIP: 64966SHM1<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $983159.00    | 0.42%             | 2049-10-01      | Fixed         | 5.09%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                                                        | Ginnie Mae II Pool Pool # MA8347                                                    | CUSIP: 36179XHY5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    137382 | PA      | $136956.67    | 0.06%             | 2052-10-20      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Inter-American Development Bank                                                                 | Inter-American Development Bank 3.5%, Due 04/12/2033                                | CUSIP: 4581X0EJ3<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | US        |   1000000 | PA      | $980555.43    | 0.42%             | 2033-04-12      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Alimentation Couche-Tard Inc.                                                                   | Alimentation Couche-Tard, Inc. 3.625%, Due 05/13/2051                               | CUSIP: 01626PAQ9<br>LEI: 549300OSW32RVX8CCZ87 | Long             | DBT              | CORP              | CA        |   1000000 | PA      | $735663.26    | 0.31%             | 2051-05-13      | Fixed         | 3.62%                 | Yes           | 2                  | On Loan: No      |
| MARYLAND ST ECONOMIC DEV CORP                                                                   | Maryland Economic Development Corporation 5.433%, Due 05/31/2056                    | CUSIP: 574205JJ0<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    750000 | PA      | $757689.68    | 0.32%             | 2056-05-31      | Fixed         | 5.43%                 | No            | 2                  | On Loan: No      |
| Wells Fargo Cp Xiv                                                                              | Wells Fargo Commercial Mortgage Trust 2025-609M Floating Rate, Due 08/15/2042       | CUSIP: 95004NAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $100185.20    | 0.04%             | 2042-08-15      | Floating      | 6.00%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                                                        | Ginnie Mae II Pool Pool # MA9101                                                    | CUSIP: 36179YDE1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     22267 | PA      | $20561.44     | 0.01%             | 2053-08-20      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| HA Sustainable Infrastructure Capital Inc                                                       | HA Sustainable Infrastructure Capital, Inc. 6.375%, Due 07/01/2034                  | CUSIP: 41068XAF7<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1034654.66   | 0.44%             | 2034-07-01      | Fixed         | 6.38%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                | Fannie Mae Pool Pool # MA4978                                                       | CUSIP: 31418EQ86<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1086596 | PA      | $1097471.99   | 0.47%             | 2053-04-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                | Fannie Mae Pool Pool # MA4732                                                       | CUSIP: 31418EHJ2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    871725 | PA      | $848760.10    | 0.36%             | 2052-09-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Pacific Gas and Electric Company                                                                | Pacific Gas and Electric Company 6.7%, Due 04/01/2053                               | CUSIP: 694308KK2<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1081270.60   | 0.46%             | 2053-04-01      | Fixed         | 6.70%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                                                        | Ginnie Mae II Pool Pool # MA8489                                                    | CUSIP: 36179XNE2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    585934 | PA      | $583670.04    | 0.25%             | 2052-12-20      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                | Fannie Mae Pool Pool # MA5165                                                       | CUSIP: 31418EW30<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1805416 | PA      | $1840457.18   | 0.78%             | 2053-10-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| New York State Electric & Gas Corporation                                                       | New York State Electric & Gas Corporation 5.05%, Due 08/15/2035                     | CUSIP: 649840CX1<br>LEI: 549300GEC6J0YHUXA160 | Long             | DBT              | CORP              | US        |    925000 | PA      | $943031.79    | 0.40%             | 2035-08-15      | Fixed         | 5.05%                 | Yes           | 2                  | On Loan: No      |
| NATIONAL FIN AUTH N H                                                                           | New Hampshire Business Finance Authority 5.694%, Due 11/01/2045                     | CUSIP: 63607YCG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $762775.65    | 0.33%             | 2045-11-01      | Fixed         | 5.69%                 | No            | 2                  | On Loan: No      |
| TESLA AUTO LEASE TRUST 2024-A                                                                   | Tesla Auto Lease Trust 5.3%, Due 06/21/2027                                         | CUSIP: 88166VAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    413324 | PA      | $414481.46    | 0.18%             | 2027-06-21      | Fixed         | 5.30%                 | Yes           | 2                  | On Loan: No      |
| NEW YORK ST ENERGY RESH & DEV AUTH                                                              | New York State Energy Research & Development Authority                              | CUSIP: 64985VBP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $637426.62    | 0.27%             | 2040-04-01      | Fixed         | 6.22%                 | No            | 2                  | On Loan: No      |
| IOWA FIN AUTH                                                                                   | Iowa Finance Authority 7%, Due 11/01/2027                                           | CUSIP: 46246JNP6<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    415000 | PA      | $420972.76    | 0.18%             | 2027-11-01      | Fixed         | 7.00%                 | Yes           | 2                  | On Loan: No      |
| Export Development Canada                                                                       | Export Development Canada 4.125%, Due 02/13/2029                                    | CUSIP: 30216BKC5<br>LEI: Z6MHCSLXHKYG4B6PHW02 | Long             | DBT              | NUSS              | CA        |   1000000 | PA      | $1019875.92   | 0.43%             | 2029-02-13      | Fixed         | 4.12%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                           | Fannie Mae Pool Pool # FS5848                                                       | CUSIP: 3140XMQA7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    249965 | PA      | $218719.88    | 0.09%             | 2051-12-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| NEW YORK N Y CITY HSG DEV CORP                                                                  | New York City Housing Development Corporation 4.269%, Due 02/01/2030                | CUSIP: 64972KMP7<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |    500000 | PA      | $507699.50    | 0.22%             | 2030-02-01      | Fixed         | 4.27%                 | No            | 2                  | On Loan: No      |
| One Market Plaza Trust                                                                          | One Market Plaza Trust 2017-1MKT 3.614%, Due 02/10/2024                             | CUSIP: 68245HAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    365224 | PA      | $355184.50    | 0.15%             | 2032-02-10      | Fixed         | 3.61%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                           | Fannie Mae Pool Pool # CB2804                                                       | CUSIP: 3140QNDJ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    159672 | PA      | $140858.12    | 0.06%             | 2052-02-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                | Fannie Mae Pool Pool # MA4919                                                       | CUSIP: 31418EPD6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    347274 | PA      | $354437.91    | 0.15%             | 2053-02-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| COMM 2022-HC MORTGAGE TRUST                                                                     | COMM 2022-HC Mortgage Trust 3.173%, Due 01/10/2039                                  | CUSIP: 12659DAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $964860.30    | 0.41%             | 2039-01-10      | Fixed         | 3.17%                 | Yes           | 2                  | On Loan: No      |
| MINNESOTA ST HSG FIN AGY                                                                        | Minnesota Housing Finance Agency 5.897%, Due 08/01/2049                             | CUSIP: 60416UGK5<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    750000 | PA      | $765452.55    | 0.33%             | 2049-08-01      | Fixed         | 5.90%                 | No            | 2                  | On Loan: No      |
| Zions Bancorporation Natl Assn Global Bank                                                      | Zions Bancorp NA 4.704%, Fixed Until 08/18/2027                                     | CUSIP: 98971DAD2<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1005945.72   | 0.43%             | 2028-08-18      | Fixed         | 4.70%                 | No            | 2                  | On Loan: No      |
| United States Treasury Notes                                                                    | United States Treasury Note 4%, Due 01/31/2033                                      | CUSIP: 91282CPY1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    246000 | PA      | $250305.00    | 0.11%             | 2033-01-31      | Fixed         | 4.00%                 | No            | 1                  | On Loan: No      |
| Dow Chemical Co. (The)                                                                          | Dow Chemical Company (The) 5.6%, Due 02/15/2054                                     | CUSIP: 260543DK6<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $867126.81    | 0.37%             | 2054-02-15      | Fixed         | 5.60%                 | No            | 2                  | On Loan: No      |
| Southern California Edison Company                                                              | Southern California Edison Company 3.65%, Due 06/01/2051                            | CUSIP: 842400HF3<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $704627.30    | 0.30%             | 2051-06-01      | Fixed         | 3.65%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                | Fannie Mae Pool Pool # MA5331                                                       | CUSIP: 31418E4R8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    109658 | PA      | $111585.53    | 0.05%             | 2054-04-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Equinor ASA                                                                                     | Equinor ASA 3.95%, Due 05/15/2043                                                   | CUSIP: 85771PAL6<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | DBT              | CORP              | NO        |   1000000 | PA      | $854694.49    | 0.36%             | 2043-05-15      | Fixed         | 3.95%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                | Fannie Mae Pool Pool # MA4805                                                       | CUSIP: 31418EKT6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1140615 | PA      | $1133443.46   | 0.48%             | 2052-11-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| ExGen Renewables IV                                                                             | Constellation Renewables, LLC Floating Rate, Due 12/15/2027                         | CUSIP: 30204KAD8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    813909 | PA      | $815943.48    | 0.35%             | 2027-12-15      | Floating      | 6.45%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                | Fannie Mae Pool Pool # MA4761                                                       | CUSIP: 31418EJF8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    261331 | PA      | $264014.08    | 0.11%             | 2052-09-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| MARYLAND ST ECONOMIC DEV CORP                                                                   | Maryland Economic Development Corporation 5.942%, Due 05/31/2057                    | CUSIP: 574205HW3<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1277586.38   | 0.54%             | 2057-05-31      | Fixed         | 5.94%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                | Fannie Mae Pool Pool # MA4785                                                       | CUSIP: 31418EJ76<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    538919 | PA      | $544616.76    | 0.23%             | 2052-10-25      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                                                        | Ginnie Mae II Pool Pool # MA7828                                                    | CUSIP: 36179WVV7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    181313 | PA      | $166496.37    | 0.07%             | 2052-01-20      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| NEW YORK ST ENERGY RESH & DEV AUTH                                                              | New York State Energy Research & Development Authority                              | CUSIP: 64985VAH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    783000 | PA      | $754129.93    | 0.32%             | 2037-04-01      | Fixed         | 4.87%                 | No            | 2                  | On Loan: No      |
| SABAL ISSUER 2026-1 LLC                                                                         | Sabal Issuer 2026-1, LLC 6%, Due 05/02/2061                                         | CUSIP: 78518CAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1003115.00   | 0.43%             | 2061-05-02      | Fixed         | 6.00%                 | Yes           | N/A                | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD                                          | Freddie Mac Multiclass Certificates Series 2015-P001                                | CUSIP: 3137HDJU5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   1000000 | PA      | $1028571.60   | 0.44%             | 2033-09-25      | Variable      | 4.61%                 | No            | 2                  | On Loan: No      |
| Wells Fargo Cp Xiv                                                                              | Wells Fargo Commercial Mortgage Trust 2025-609M Floating Rate, Due 08/15/2042       | CUSIP: 95004NAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    150000 | PA      | $150211.67    | 0.06%             | 2042-08-15      | Floating      | 5.50%                 | Yes           | 2                  | On Loan: No      |
| Natixis Commercial Mortgage Securities Trust 2019-1776                                          | Natixis Commercial Mortgage Securities Trust 2019-MILE                              | CUSIP: 63875FAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    848857 | PA      | $818640.59    | 0.35%             | 2036-07-15      | Floating      | 5.24%                 | Yes           | N/A                | On Loan: No      |
| United States Treasury Bonds                                                                    | United States Treasury Note 4.625%, Due 11/15/2055                                  | CUSIP: 912810UP1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5200000 | PA      | $5191875.00   | 2.21%             | 2055-11-15      | Fixed         | 4.62%                 | No            | 1                  | On Loan: No      |
| New York State Electric & Gas Corporation                                                       | New York State Electric & Gas Corporation 2.15%, Due 10/01/2031                     | CUSIP: 649840CT0<br>LEI: 549300GEC6J0YHUXA160 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $894463.02    | 0.38%             | 2031-10-01      | Fixed         | 2.15%                 | Yes           | 2                  | On Loan: No      |
| Wells Fargo Cp Xiv                                                                              | Wells Fargo Commercial Mortgage Trust 2025-609M Floating Rate, Due 08/15/2042       | CUSIP: 95004NAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    750000 | PA      | $750911.70    | 0.32%             | 2042-08-15      | Floating      | 5.20%                 | Yes           | 2                  | On Loan: No      |
| Sunrun Jupiter Issuer 2022-1 LLC                                                                | Sunrun Jupiter Issuer 2022-1, LLC 4.75%, Due 07/30/2057                             | CUSIP: 86772RAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    881534 | PA      | $860017.88    | 0.37%             | 2057-07-30      | Fixed         | 4.75%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                           | Fannie Mae Pool Pool # CB1301                                                       | CUSIP: 3140QLNT9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    111401 | PA      | $98516.21     | 0.04%             | 2051-08-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Amazon Conservation DAC                                                                         | Amazon Conservation DAC 6.034%, Due 01/16/2042                                      | CUSIP: 02315JAA2<br>LEI: 635400VMJ6EGNYN3YK31 | Long             | DBT              | CORP              | IE        |    400000 | PA      | $417972.00    | 0.18%             | 2042-01-16      | Fixed         | 6.03%                 | Yes           | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                | Fannie Mae Pool Pool # MA4580                                                       | CUSIP: 31418ECS7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2105923 | PA      | $1988830.97   | 0.85%             | 2052-04-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Morgan Stanley Private Bank National Association                                                | Morgan Stanley Private Bank NA 4.465%, Fixed Until 11/19/2030                       | CUSIP: 61776NZW6<br>LEI: 549300GS0W0TEUQS8571 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1006568.12   | 0.43%             | 2031-11-19      | Fixed         | 4.46%                 | No            | 2                  | On Loan: No      |
| Capital Impact Partners                                                                         | Capital Impact Partners 5.335%, Due 08/01/2030                                      | CUSIP: 140192AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1030967.08   | 0.44%             | 2030-08-01      | Fixed         | 5.33%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                           | Fannie Mae Pool Pool # CB2795                                                       | CUSIP: 3140QNC91<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    273610 | PA      | $248229.98    | 0.11%             | 2052-02-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| International Bank for Reconstruction & Development                                             | International Bank for Reconstruction & Development                                 | CUSIP: U4586HL76<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | US        |   1000000 | PA      | $1053305.77   | 0.45%             | 2033-07-31      | Floating      | 1.75%                 | No            | 2                  | On Loan: No      |
| HA Sustainable Infrastructure Capital Inc                                                       | HA Sustainable Infrastructure Capital, Inc. 8%, Fixed until 06/01/2031              | CUSIP: 41068XAG5<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | DBT              | CORP              | US        |    475000 | PA      | $500550.25    | 0.21%             | 2056-06-01      | Fixed         | 8.00%                 | No            | 2                  | On Loan: No      |
| United States Treasury Bonds                                                                    | United States Treasury Note 4.625%, Due 02/15/2046                                  | CUSIP: 912810UT3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10508000 | PA      | $10582705.37  | 4.51%             | 2046-02-15      | Fixed         | 4.62%                 | No            | 1                  | On Loan: No      |
| Government National Mortgage Association                                                        | Ginnie Mae II Pool Pool # MA8647                                                    | CUSIP: 36179XTC0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    199137 | PA      | $201113.74    | 0.09%             | 2053-02-20      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| San Diego Gas & Electric Company                                                                | San Diego Gas & Electric Company 2.95%, Due 08/15/2051                              | CUSIP: 797440CA0<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $655847.97    | 0.28%             | 2051-08-15      | Fixed         | 2.95%                 | No            | 2                  | On Loan: No      |
| Central American Bank For Economic Integration - Banco Centroamericano De Integracion Economica | Central American Bank for Economic Integration 3.75%, Due 01/22/2029                | CUSIP: 15238PAL0<br>LEI: 549300OLDAMXBPSHIC05 | Long             | DBT              | NUSS              | US        |    675000 | PA      | $677441.66    | 0.29%             | 2029-01-22      | Fixed         | 3.75%                 | Yes           | 2                  | On Loan: No      |
| Preservation of Affordable Housing Inc.                                                         | Preservation Of Affordable Housing, Inc. 5.435%, Due 06/01/2036                     | CUSIP: 74082LAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1009193.03   | 0.43%             | 2036-06-01      | Fixed         | 5.43%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                | Fannie Mae Pool Pool # MA4709                                                       | CUSIP: 31418EGT1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    364779 | PA      | $368541.77    | 0.16%             | 2052-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                                                        | Government National Mortgage Association 3%, Due 02/20/2052                         | CUSIP: 38384CKJ7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    107778 | PA      | $79760.91     | 0.03%             | 2052-02-20      | Fixed         | 3.00%                 | No            | N/A                | On Loan: No      |
| Federal National Mortgage Association                                                           | Fannie Mae Pool Pool # MA5497                                                       | CUSIP: 31418FDB0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    487705 | PA      | $496103.32    | 0.21%             | 2054-10-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                | Fannie Mae Pool Pool # MA5106                                                       | CUSIP: 31418EU81<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1432599 | PA      | $1445542.50   | 0.62%             | 2053-08-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                                                        | Ginnie Mae II Pool Pool # MA7768                                                    | CUSIP: 36179WTZ1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1666769 | PA      | $1530613.87   | 0.65%             | 2051-12-20      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| SWITCH ABS ISSUER LLC 2024-1                                                                    | Switch A.B.S Issuer, LLC 5.036%, Due 03/25/2055                                     | CUSIP: 871044AL7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $994904.80    | 0.42%             | 2055-03-25      | Fixed         | 5.04%                 | Yes           | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                | Fannie Mae Pool Pool # MA4733                                                       | CUSIP: 31418EHK9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1666086 | PA      | $1655953.95   | 0.71%             | 2052-09-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                                                        | Ginnie Mae II Pool Pool # MA8267                                                    | CUSIP: 36179XFG6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    833349 | PA      | $810078.12    | 0.35%             | 2052-09-20      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                | Freddie Mac Pool Pool # SD8329                                                      | CUSIP: 3132DWHE6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1304147 | PA      | $1316732.88   | 0.56%             | 2053-06-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Bank of Nova Scotia                                                                             | Bank of Nova Scotia (The) 6.875%, Fixed until 10/27/2035                            | CUSIP: 06419GEE2<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |   1125000 | PA      | $1158003.00   | 0.49%             | 2085-10-27      | Fixed         | 6.88%                 | No            | 2                  | On Loan: No      |
| Canada (Government of)                                                                          | Canada Government International Bond 4%, Due 03/18/2030                             | CUSIP: 43358BAB9<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |   1000000 | PA      | $1020267.01   | 0.43%             | 2030-03-18      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Solar Star Funding, LLC                                                                         | Solar Star Funding, LLC 5.375%, Due 06/30/2035                                      | CUSIP: 83416WAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    907711 | PA      | $935204.14    | 0.40%             | 2035-06-30      | Fixed         | 5.38%                 | Yes           | 2                  | On Loan: No      |
| Export Development Canada                                                                       | Export Development Canada 4.75%, Due 06/05/2034                                     | CUSIP: 30216BKF8<br>LEI: Z6MHCSLXHKYG4B6PHW02 | Long             | DBT              | NUSS              | CA        |   1000000 | PA      | $1063246.11   | 0.45%             | 2034-06-05      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| Hertz Vehicle Financing LLC                                                                     | Hertz Vehicle Financing III, LLC 7.13%, Due 09/25/2029                              | CUSIP: 42806MBY4<br>LEI: 5493004IHDYOZ9K9WF47 | Long             | ABS-O            | CORP              | US        |    900000 | PA      | $933014.79    | 0.40%             | 2029-09-25      | Fixed         | 7.13%                 | Yes           | N/A                | On Loan: No      |
| CHI COMMERCIAL MORTGAGE TRUST 2025-                                                             | CHI Commercial Mortgage Trust 2025-SFT Floating Rate, Due 04/15/2042                | CUSIP: 16706GAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1031807.10   | 0.44%             | 2042-04-15      | Variable      | 5.66%                 | Yes           | 2                  | On Loan: No      |
| TESLA ELECTRC VEHICLE TRUST 2023-1                                                              | Tesla Electric Vehicle Trust 2023-1 5.38%, Due 06/20/2028                           | CUSIP: 881943AD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    599096 | PA      | $604500.88    | 0.26%             | 2028-06-20      | Fixed         | 5.38%                 | Yes           | 2                  | On Loan: No      |
| United States Treasury Notes                                                                    | United States Treasury Note 3.75%, Due 01/31/2031                                   | CUSIP: 91282CPW5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9035000 | PA      | $9130291.06   | 3.89%             | 2031-01-31      | Fixed         | 3.75%                 | No            | 1                  | On Loan: No      |
| COLUMBUS OHIO MET HSG AUTH                                                                      | Columbus Metropolitan Housing Authority 4.6%, Due 12/01/2028                        | CUSIP: 19951ABD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002661.80   | 0.43%             | 2028-12-01      | Fixed         | 4.60%                 | No            | 2                  | On Loan: No      |
| Unilever Capital Corporation                                                                    | Unilever Capital Corporation 2.625%, Due 08/12/2051                                 | CUSIP: 904764BR7<br>LEI: MYF1DAS6G5WY7PRWCU78 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $638411.74    | 0.27%             | 2051-08-12      | Fixed         | 2.62%                 | No            | 2                  | On Loan: No      |
| Corporacion Andina de Fomento                                                                   | Corp Andina de Fomento 4.251%, Due 02/03/2031                                       | CUSIP: P31341AC7<br>LEI: UKZ46SXGNYCZK0UOZE76 | Long             | DBT              | NUSS              | US        |   1000000 | PA      | $999388.48    | 0.43%             | 2031-02-03      | Fixed         | 4.25%                 | No            | N/A                | On Loan: No      |
| SAN FRANCISCO CALIF CITY & CNTY                                                                 | City & County of San Francisco CA 5.45%, Due 06/15/2064                             | CUSIP: 79773KRM8<br>LEI: 549300RA28ZEFOB6M782 | Long             | DBT              | MUN               | US        |    500000 | PA      | $504112.80    | 0.21%             | 2064-06-15      | Fixed         | 5.45%                 | No            | 2                  | On Loan: No      |
| Protective Life Corp.                                                                           | Protective Life Corporation 4.7%, Due 01/15/2031                                    | CUSIP: 743674BF9<br>LEI: 549300ZWIT8J8Y2EXL07 | Long             | DBT              | CORP              | US        |    750000 | PA      | $758460.98    | 0.32%             | 2031-01-15      | Fixed         | 4.70%                 | Yes           | 2                  | On Loan: No      |
| Conservation Fund / Sustainable Conservation Inc                                                | Conservation Fund A Nonprofit Corporation (The) 3.474%, Due 12/15/2029              | CUSIP: 20848FAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $968079.02    | 0.41%             | 2029-12-15      | Fixed         | 3.47%                 | No            | 2                  | On Loan: No      |
| Quebec (Province Of)                                                                            | Province of Quebec Canada 1.9%, Due 04/21/2031                                      | CUSIP: 748149AR2<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | MUN               | CA        |   1000000 | PA      | $916493.56    | 0.39%             | 2031-04-21      | Fixed         | 1.90%                 | No            | 2                  | On Loan: No      |
| HSBC Holdings PLC                                                                               | HSBC Holdings plc 5.741%,Fixed Until 09/10/2035                                     | CUSIP: 404280FB0<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    975000 | PA      | $1009846.08   | 0.43%             | 2036-09-10      | Fixed         | 5.74%                 | No            | 2                  | On Loan: No      |
| DENVER COLO CITY & CNTY HSG AUTH                                                                | Denver City & County Housing Authority 4.125%, Due 06/01/2028                       | CUSIP: 24917QBQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $504273.65    | 0.21%             | 2028-06-01      | Fixed         | 4.12%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                | Fannie Mae Pool Pool # MA4701                                                       | CUSIP: 31418EGK0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1655130 | PA      | $1644556.90   | 0.70%             | 2052-08-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| LOS ANGELES CALIF DEPT ARPTS                                                                    | City of Los Angeles Department of Airports Customer Facility Charge Revenue         | CUSIP: 54445CAK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $898830.80    | 0.38%             | 2048-05-15      | Fixed         | 4.24%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                           | Fannie Mae Pool Pool # BU8837                                                       | CUSIP: 3140MAZB3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    132530 | PA      | $134183.69    | 0.06%             | 2052-05-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| PG&E Recovery Funding LLC                                                                       | PG&E Recovery Funding, LLC 4.838%, Due 06/01/2033                                   | CUSIP: 71710TAG3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    867887 | PA      | $891799.80    | 0.38%             | 2033-06-01      | Fixed         | 4.84%                 | No            | 2                  | On Loan: No      |
| Omnis Funding Trust                                                                             | Omnis Funding Trust 6.722%, Due 05/15/2055                                          | CUSIP: 68218WAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1025000 | PA      | $1069901.42   | 0.46%             | 2055-05-15      | Fixed         | 6.72%                 | Yes           | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                | Fannie Mae Pool Pool # MA4918                                                       | CUSIP: 31418EPC8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    103610 | PA      | $104658.06    | 0.04%             | 2053-02-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                | Fannie Mae Pool Pool # MA4579                                                       | CUSIP: 31418ECR9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2836626 | PA      | $2575155.01   | 1.10%             | 2052-04-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| One Bryant Park Trust 2019-Obp                                                                  | One Bryant Park Trust 2019-OBP 2.51641%, Due 09/15/2054                             | CUSIP: 68236JAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $940236.60    | 0.40%             | 2054-09-15      | Fixed         | 2.52%                 | Yes           | 2                  | On Loan: No      |
| Consumers 2023 Securitization Funding LLC                                                       | Consumers 2023 Securitization Funding, LLC 5.55%, Due 03/01/2027                    | CUSIP: 21071BAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    430798 | PA      | $434108.56    | 0.19%             | 2027-03-01      | Fixed         | 5.55%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                                                        | Ginnie Mae II Pool Pool # MA8149                                                    | CUSIP: 36179XBS4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1230289 | PA      | $1169140.28   | 0.50%             | 2052-07-20      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Bank of Montreal                                                                                | Bank of Montreal 6.875%, Fixed until 11/26/2030                                     | CUSIP: 06368L8V1<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |   1000000 | PA      | $1032167.00   | 0.44%             | 2085-11-26      | Fixed         | 6.88%                 | No            | 2                  | On Loan: No      |
| TotalEnergies Capital S.A.                                                                      | TotalEnergies Capital S.A. 5.488%, Due 04/05/2054                                   | CUSIP: 89157XAB7<br>LEI: 529900QI55ZLJVCMPA71 | Long             | DBT              | CORP              | FR        |    825000 | PA      | $816646.93    | 0.35%             | 2054-04-05      | Fixed         | 5.49%                 | No            | 2                  | On Loan: No      |
| STWD TR 2021-LIH                                                                                | STWD 2021-LIH Mortgage Trust Floating Rate, Due 11/15/2036                          | CUSIP: 78486EAJ7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1100000 | PA      | $1096992.27   | 0.47%             | 2036-11-15      | Floating      | 5.43%                 | Yes           | 2                  | On Loan: No      |
| PUBLIC FIN AUTH WIS                                                                             | Public Finance Authority 6.25%, Due 06/01/2031                                      | CUSIP: 74443DMA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $513204.85    | 0.22%             | 2031-06-01      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| Public Service Company of Colorado                                                              | Public Service Company of Colorado 5.75%, Due 05/15/2054                            | CUSIP: 744448DA6<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1114696.75   | 0.48%             | 2054-05-15      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| Brazil (Federative Republic)                                                                    | Brazilian Government International Bond 5.5%, Due 02/04/2033                        | CUSIP: 105756CP3<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |   1000000 | PA      | $1001250.00   | 0.43%             | 2033-02-04      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                | Fannie Mae Pool Pool # MA4942                                                       | CUSIP: 31418EP46<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    212340 | PA      | $219485.07    | 0.09%             | 2053-03-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| United States Treasury Notes                                                                    | United States Treasury Note 3.375%, Due 02/29/2028                                  | CUSIP: 91282CQB0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7533000 | PA      | $7532558.64   | 3.21%             | 2028-02-29      | Fixed         | 3.38%                 | No            | 1                  | On Loan: No      |
| PHILADELPHIA PA REDEV AUTH                                                                      | Redevelopment Authority of the City of Philadelphia                                 | CUSIP: 717868KC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1025903.80   | 0.44%             | 2040-09-01      | Fixed         | 5.23%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                | Fannie Mae Pool Pool # MA5353                                                       | CUSIP: 31418E5P1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2711791 | PA      | $2759453.68   | 1.18%             | 2054-05-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Liberty Utilities Finance GP1                                                                   | Liberty Utilities Finance GP 1 2.05%, Due 09/15/2030                                | CUSIP: 531546AB5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $918313.00    | 0.39%             | 2030-09-15      | Fixed         | 2.05%                 | Yes           | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                | Freddie Mac Pool Pool # SD1937                                                      | CUSIP: 3132DPEJ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1021712 | PA      | $926929.93    | 0.40%             | 2052-03-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| BBCMS Trust 2019-Clp                                                                            | BBCMS Trust 2015-SRCH 4.498%, Due 08/10/2035                                        | CUSIP: 05547HAJ0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $977194.90    | 0.42%             | 2035-08-10      | Fixed         | 4.50%                 | Yes           | N/A                | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                | Fannie Mae Pool Pool # MA5389                                                       | CUSIP: 31418E7B0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    300199 | PA      | $308434.85    | 0.13%             | 2054-06-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                           | Fannie Mae Pool Pool # 310210                                                       | CUSIP: 31374CR73<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    627767 | PA      | $628881.36    | 0.27%             | 2044-05-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Canadian Imperial Bank of Commerce                                                              | Canadian Imperial Bank of Commerce 6.5%, Fixed until 7/28/2031                      | CUSIP: 13607QUM2<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    725000 | PA      | $727237.35    | 0.31%             | 2086-07-28      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                           | Federal National Mortgage Association 0.875%, Due 08/05/2030                        | CUSIP: 3135G05Q2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGSE             | US        |   1000000 | PA      | $895768.79    | 0.38%             | 2030-08-05      | Fixed         | 0.88%                 | No            | 2                  | On Loan: No      |
| HAT Holdings I LLC and HAT Holdings II LLC                                                      | HAT Holdings I, LLC / HAT Holdings II, LLC 3.375%, Due 06/15/2026                   | CUSIP: 418751AE3<br>LEI: 254900YE1WH1XG7Y4E44 | Long             | DBT              | CORP              | US        |    215000 | PA      | $214197.11    | 0.09%             | 2026-06-15      | Fixed         | 3.38%                 | Yes           | 2                  | On Loan: No      |
| Arab Petroleum Investments Corp.                                                                | Arab Petroleum Investments Corporation 5.428%, Due 05/02/2029                       | CUSIP: 03845EAD4<br>LEI: 213800A54KIUYH5YD185 | Long             | DBT              | NUSS              | US        |   1000000 | PA      | $1044963.12   | 0.45%             | 2029-05-02      | Fixed         | 5.43%                 | Yes           | 2                  | On Loan: No      |
| Pepsico Inc                                                                                     | PepsiCo, Inc. 3.9%, Due 07/18/2032                                                  | CUSIP: 713448FM5<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1092038.53   | 0.47%             | 2032-07-18      | Fixed         | 3.90%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                | Fannie Mae Pool Pool # MA4684                                                       | CUSIP: 31418EF21<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    370635 | PA      | $368418.76    | 0.16%             | 2052-06-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Clearinghouse Community Development Financial Institution                                       | Clearinghouse Community Development Financial Institution                           | CUSIP: 184917AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $998775.00    | 0.43%             | 2030-10-15      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| MARYLAND ST HEALTH & HIGHER EDL FACS AUTH                                                       | Maryland Health & Higher Educational Facilities Authority                           | CUSIP: 57421CMS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $311134.17    | 0.13%             | 2031-07-01      | Fixed         | 5.61%                 | No            | 2                  | On Loan: No      |
| Munich Reinsurance AG                                                                           | Muenchener Rueckversicherungs-Gesellschaft A.G. in Muenchen 5.875% until 11/23/2031 | CUSIP: 62582PAA8<br>LEI: 529900MUF4C20K50JS49 | Long             | DBT              | CORP              | DE        |   1000000 | PA      | $1052142.44   | 0.45%             | 2042-05-23      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| AES Corp.                                                                                       | AES Corporation (The) 2.45%, Due 01/15/2031                                         | CUSIP: 00130HCG8<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $927969.35    | 0.40%             | 2031-01-15      | Fixed         | 2.45%                 | No            | 2                  | On Loan: No      |
| European Investment Bank                                                                        | European Investment Bank 0.75%, Due 09/23/2030                                      | CUSIP: 298785JH0<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | US        |   1000000 | PA      | $885282.71    | 0.38%             | 2030-09-23      | Fixed         | 0.75%                 | No            | 2                  | On Loan: No      |
| FMG Resources (August 2006) Pty Ltd.                                                            | FMG Resources August 2006 Pty Ltd. 6.125%, Due 04/15/2032                           | CUSIP: 30251GBE6<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |    500000 | PA      | $524253.06    | 0.22%             | 2032-04-15      | Fixed         | 6.12%                 | Yes           | 2                  | On Loan: No      |
| Vivint Solar Fin V 2018                                                                         | Vivint Solar Financing V, LLC 7.37%, Due 04/30/2048                                 | CUSIP: 92854VAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    219392 | PA      | $215233.92    | 0.09%             | 2048-04-30      | Fixed         | 7.37%                 | Yes           | N/A                | On Loan: No      |
| Centersquare Issuer LLC / Centersquare Co-Issuer LLC                                            | Centersquare Issuer, LLC 5.5%, Due 03/26/2055                                       | CUSIP: 15201EAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1050000 | PA      | $1050062.63   | 0.45%             | 2055-03-26      | Fixed         | 5.50%                 | Yes           | 2                  | On Loan: No      |
| NEW YORK N Y CITY HSG DEV CORP                                                                  | New York City Housing Development Corporation 5.884%, Due 02/01/2055                | CUSIP: 64966WLY1<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |    750000 | PA      | $761356.58    | 0.32%             | 2055-02-01      | Fixed         | 5.88%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                | Freddie Mac Pool Pool # RA7211                                                      | CUSIP: 3133KPAL2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    152265 | PA      | $148811.08    | 0.06%             | 2052-04-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| African Development Bank                                                                        | African Development Bank 5.75%, Fixed until 8/7/2034                                | CUSIP: 008281BF3<br>LEI: 549300LNCLMO3ITVCU07 | Long             | DBT              | NUSS              | US        |   1000000 | PA      | $1009605.00   | 0.43%             | N/A             | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| American Homes 4 Rent L P                                                                       | American Homes 4 Rent, L.P. 5.5%, Due 02/01/2034                                    | CUSIP: 02666TAG2<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1034719.48   | 0.44%             | 2034-02-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| COMM 2025-167G MORTGAGE TRUST                                                                   | COMM 2025-167G Mortgage Trust 5.50268%, Due 08/10/2040                              | CUSIP: 12674VAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    275000 | PA      | $280196.18    | 0.12%             | 2040-08-10      | Fixed         | 5.50%                 | Yes           | N/A                | On Loan: No      |
| Apple Inc.                                                                                      | Apple, Inc. 3%, Due 06/20/2027                                                      | CUSIP: 037833CX6<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $994194.08    | 0.42%             | 2027-06-20      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| WULF Compute LLC                                                                                | WULF Compute, LLC 7.75%, Due 10/15/2030                                             | CUSIP: 982911AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    495000 | PA      | $524598.49    | 0.22%             | 2030-10-15      | Fixed         | 7.75%                 | Yes           | 2                  | On Loan: No      |
| Eli Lilly & Co.                                                                                 | Eli Lilly & Company 5.55%, Due 10/15/2055                                           | CUSIP: 532457DF2<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    125000 | PA      | $127228.07    | 0.05%             | 2055-10-15      | Fixed         | 5.55%                 | No            | 2                  | On Loan: No      |
| NYC Commercial Mortgage Trust 2025-300P                                                         | NYC Trust 2025-300P 6.161%, Due 07/13/2042                                          | CUSIP: 67121TAG4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    450000 | PA      | $460374.66    | 0.20%             | 2042-07-13      | Variable      | 6.16%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                           | Fannie Mae Pool Pool # FS1533                                                       | CUSIP: 3140XGV30<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2152889 | PA      | $1972733.19   | 0.84%             | 2052-04-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| GPS Blue Fing DAC CLA                                                                           | GPS Blue Financing DAC 5.645%, Due 11/09/2041                                       | CUSIP: 38403FAA7<br>LEI: 635400J1S8CE6RWLCE97 | Long             | DBT              | CORP              | IE        |   1000000 | PA      | $1012300.00   | 0.43%             | 2041-11-09      | Fixed         | 5.64%                 | Yes           | 2                  | On Loan: No      |
| TerraForm Power                                                                                 | TerraForm Power Operating, LLC Floating Rate, Due 05/30/2029                        | CUSIP: 88103NAL4<br>LEI: 5493000S2OLR3UT5BE13 | Long             | LON              | CORP              | US        |    595125 | PA      | $598844.53    | 0.26%             | 2029-05-30      | Floating      | 6.30%                 | No            | 2                  | On Loan: No      |
| Ardagh Metal Packaging Finance PLC / Ardagh Metal Packaging Finance USA LLC                     | Ardagh Metal Packaging Finance USA, LLC / Ardagh Metal Packaging Finance plc        | CUSIP: 03969YAD0<br>LEI: 635400FSFRHBFVPTP424 | Long             | DBT              | CORP              | US        |   1280000 | PA      | $1310727.68   | 0.56%             | 2031-01-30      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| WLB Asset VII Pte. Ltd.                                                                         | WLB Asset VII Pte Ltd. 5.88%, Due 07/30/2029                                        | CUSIP: N/A<br>LEI: 254900606PGU4UDQPS56       | Long             | DBT              | CORP              | MU        |    462500 | PA      | $489404.51    | 0.21%             | 2029-07-30      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                | Freddie Mac Pool Pool # SD1844                                                      | CUSIP: 3132DPBM9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    504937 | PA      | $460128.85    | 0.20%             | 2052-06-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| XPLR Infrastructure Operating Partners LP                                                       | NextEra Energy Operating Partners, L.P. 7.25%, Due 01/15/2029                       | CUSIP: 65342QAM4<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |   1016000 | PA      | $1054146.74   | 0.45%             | 2029-01-15      | Fixed         | 7.25%                 | Yes           | 2                  | On Loan: No      |
| Preservation of Affordable Housing Inc.                                                         | Preservation Of Affordable Housing, Inc. 4.479%, Due 12/01/2032                     | CUSIP: 74082VAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $954029.10    | 0.41%             | 2032-12-01      | Fixed         | 4.48%                 | No            | 2                  | On Loan: No      |
| UNITED NATIONS DEV CORP N Y                                                                     | United Nations Development Corporation 6.536%, Due 08/01/2055                       | CUSIP: 911157MF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $432329.08    | 0.18%             | 2055-08-01      | Fixed         | 6.54%                 | No            | 2                  | On Loan: No      |
| 200 PK Funding Trust                                                                            | 200 Park Funding Trust 5.74%, Due 02/15/2055                                        | CUSIP: 901928AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    975000 | PA      | $967533.28    | 0.41%             | 2055-02-15      | Fixed         | 5.74%                 | Yes           | 2                  | On Loan: No      |
| Vistra Zero Operating Company                                                                   | Vistra Zero Operating Company, LLC Floating Rate, Due 04/30/2031                    | CUSIP: 92841DAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    548250 | PA      | $545508.75    | 0.23%             | 2031-04-30      | Floating      | 5.57%                 | No            | 2                  | On Loan: No      |
| GOODLEAP SUSTAINABLE HOME SOLUTIONS                                                             | GoodLeap Sustainable Home Solutions Trust 2023-1 5.52%, Due 02/22/2055              | CUSIP: 38237VAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    860279 | PA      | $819941.53    | 0.35%             | 2055-02-22      | Fixed         | 5.52%                 | Yes           | N/A                | On Loan: No      |
| Young Mens Christian Association of Greater New York                                            | YMCA of Greater New York 5.184%, Due 08/01/2030                                     | CUSIP: 98425BAX4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $507167.70    | 0.22%             | 2030-08-01      | Fixed         | 5.18%                 | No            | 2                  | On Loan: No      |
| Crowley Blue Water Partners LLC                                                                 | Vessel Management Services, Inc. 3.477%, Due 01/16/2037                             | CUSIP: 228027AB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    731000 | PA      | $680230.27    | 0.29%             | 2037-01-16      | Fixed         | 3.48%                 | No            | 2                  | On Loan: No      |
| USAA Capital Corp.                                                                              | USAA Capital Corporation 2.125%, Due 05/01/2030                                     | CUSIP: 90327QD55<br>LEI: 5493007XLF4LU3U2W757 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $931527.54    | 0.40%             | 2030-05-01      | Fixed         | 2.12%                 | Yes           | 2                  | On Loan: No      |
| OAKLAND CALIF                                                                                   | City of Oakland CA 4.176%, Due 07/15/2029                                           | CUSIP: 672240ZK7<br>LEI: 549300BRTTFKDQCGL048 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014086.20   | 0.43%             | 2029-07-15      | Fixed         | 4.18%                 | No            | 2                  | On Loan: No      |
| Inter-American Development Bank                                                                 | Inter-American Development Bank 3.802%, Due 11/12/2030                              | CUSIP: U4582NQS6<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | US        |   1000000 | PA      | $997775.00    | 0.43%             | 2030-11-12      | Fixed         | 3.80%                 | No            | N/A                | On Loan: No      |
| ConocoPhillips Co.                                                                              | ConocoPhillips Company 5.05%, Due 09/15/2033                                        | CUSIP: 20826FBF2<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |    500000 | PA      | $520539.37    | 0.22%             | 2033-09-15      | Fixed         | 5.05%                 | No            | 2                  | On Loan: No      |
| MINNESOTA ST HSG FIN AGY                                                                        | Minnesota Housing Finance Agency 5.947%, Due 08/01/2054                             | CUSIP: 60416UGL3<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    750000 | PA      | $764233.73    | 0.33%             | 2054-08-01      | Fixed         | 5.95%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                | Fannie Mae Pool Pool # MA4784                                                       | CUSIP: 31418EJ68<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    194190 | PA      | $193128.61    | 0.08%             | 2052-10-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                | Fannie Mae Pool Pool # MA4783                                                       | CUSIP: 31418EJ50<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    688795 | PA      | $670341.68    | 0.29%             | 2052-10-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| COLUMBUS OHIO MET HSG AUTH                                                                      | Columbus Metropolitan Housing Authority 5.05%, Due 04/01/2030                       | CUSIP: 19951AAY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $509632.85    | 0.22%             | 2030-04-01      | Fixed         | 5.05%                 | No            | 2                  | On Loan: No      |
| NEW YORK N Y CITY HSG DEV CORP                                                                  | New York City Housing Development Corporation 5.548%, Due 08/01/2040                | CUSIP: 64966WMQ7<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1022672.10   | 0.44%             | 2040-08-01      | Fixed         | 5.55%                 | No            | 2                  | On Loan: No      |
| United States Treasury Notes                                                                    | United States Treasury Note 4.125%, Due 02/15/2036                                  | CUSIP: 91282CPZ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6867000 | PA      | $6958738.86   | 2.97%             | 2036-02-15      | Fixed         | 4.12%                 | No            | 1                  | On Loan: No      |
| Air Canada                                                                                      | Air Canada 2020-2 Class A Pass Through Trust 5.25%, Due 04/01/2029                  | CUSIP: 00909DAA1<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | ABS-O            | CORP              | CA        |    421746 | PA      | $429759.34    | 0.18%             | 2029-04-01      | Fixed         | 5.25%                 | Yes           | 2                  | On Loan: No      |
| Wynnton Funding Trust II                                                                        | Wynnton Funding Trust II 5.991%, Due 08/15/2055                                     | CUSIP: 983197AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1075000 | PA      | $1091507.21   | 0.47%             | 2055-08-15      | Fixed         | 5.99%                 | Yes           | 2                  | On Loan: No      |
| RWE Finance US LLC                                                                              | RWE Finance US, LLC 5.125%, Due 09/18/2035                                          | CUSIP: 749983AC6<br>LEI: 529900J7MYLKI84UP772 | Long             | DBT              | CORP              | US        |   1075000 | PA      | $1079382.73   | 0.46%             | 2035-09-18      | Fixed         | 5.12%                 | Yes           | 2                  | On Loan: No      |
| M&T Bank Corporation                                                                            | M&T BANK CORPORATION 4.833%, FIXED UNTIL 01/16/2028                                 | CUSIP: 55261FAU8<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1016658.81   | 0.43%             | 2029-01-16      | Fixed         | 4.83%                 | No            | 2                  | On Loan: No      |
| EOG Resources Inc.                                                                              | EOG Resources, Inc. 4.4%, Due 01/15/2031                                            | CUSIP: 26875PBB6<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | DBT              | CORP              | US        |   1025000 | PA      | $1037464.89   | 0.44%             | 2031-01-15      | Fixed         | 4.40%                 | No            | 2                  | On Loan: No      |
| Walmart Inc                                                                                     | Walmart, Inc. 1.8%, Due 09/22/2031                                                  | CUSIP: 931142ET6<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $902254.26    | 0.38%             | 2031-09-22      | Fixed         | 1.80%                 | No            | 2                  | On Loan: No      |
| Diamondback Energy Inc                                                                          | Diamondback Energy, Inc. 5.55%, Due 04/01/2035                                      | CUSIP: 25278XBC2<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |    650000 | PA      | $680342.58    | 0.29%             | 2035-04-01      | Fixed         | 5.55%                 | No            | 2                  | On Loan: No      |
| Wlb Asset VI Pte. Ltd.                                                                          | WLB Asset VI Pte Ltd. 7.25%, Due 12/21/2027                                         | CUSIP: N/A<br>LEI: 254900M29A8RHZTF4J92       | Long             | DBT              | CORP              | MU        |    987888 | PA      | $1037085.52   | 0.44%             | 2027-12-21      | Fixed         | 7.25%                 | Yes           | 2                  | On Loan: No      |
| SAN FRANCISCO CALIF CITY & CNTY                                                                 | City & County of San Francisco CA 3.7%, Due 06/15/2026                              | CUSIP: 79773KSJ4<br>LEI: 549300RA28ZEFOB6M782 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000370.40   | 0.43%             | 2026-06-15      | Fixed         | 3.70%                 | No            | 2                  | On Loan: No      |
| PUBLIC FIN AUTH WIS                                                                             | Public Finance Authority 5.292%, Due 07/01/2029                                     | CUSIP: 74442PG25<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019580.20   | 0.43%             | 2029-07-01      | Fixed         | 5.29%                 | No            | 2                  | On Loan: No      |
| MOSAIC SOLAR LOAN TRUST 2022-3                                                                  | Mosaic Solar Loan Trust 2022-3 6.16%, Due 06/20/2053                                | CUSIP: 61946KAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    690937 | PA      | $686663.67    | 0.29%             | 2053-06-20      | Fixed         | 6.16%                 | Yes           | N/A                | On Loan: No      |
| WELLS FARGO COMMERICAL 2024-7                                                                   | Wells Fargo Commercial Mortgage Trust 2024-SVEN Floating Rate, Due 06/10/2037       | CUSIP: 949937AB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        | 300000000 | PA      | $714510.00    | 0.30%             | 2037-06-10      | Variable      | 0.03%                 | Yes           | N/A                | On Loan: No      |
| XPLR Infrastructure Operating Partners LP                                                       | XPLR Infrastructure Operating Partners, L.P. 7.75%, Due 04/15/2034                  | CUSIP: 98379YAA0<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    570000 | PA      | $591373.29    | 0.25%             | 2034-04-15      | Fixed         | 7.75%                 | Yes           | 2                  | On Loan: No      |
| BB Blue Financing Designated Activity Company                                                   | BB Blue Financing DAC 4.395%, Due 09/20/2029                                        | CUSIP: G0863UAA0<br>LEI: 635400ZEZBP91CFF7965 | Long             | DBT              | CORP              | IE        |   1000000 | PA      | $989598.91    | 0.42%             | 2029-09-20      | Fixed         | 4.39%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                | Fannie Mae Pool Pool # MA5247                                                       | CUSIP: 31418EZM5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    194804 | PA      | $200432.03    | 0.09%             | 2054-01-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| SWITCH ABS ISSUER LLC 2024-1                                                                    | Switch A.B.S Issuer, LLC 5.121%, Due 10/25/2055                                     | CUSIP: 871044AS2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    730000 | PA      | $736645.48    | 0.31%             | 2055-10-25      | Fixed         | 5.12%                 | Yes           | 2                  | On Loan: No      |
| FORT WAYNE IND                                                                                  | City of Fort Wayne IN 10.75%, Due 12/01/2029                                        | CUSIP: 34924CAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    234358 | PA      | $23.44        | 0.00%             | 2029-12-01      | Fixed         | 0.00%                 | No            | N/A                | On Loan: No      |

### Signature

**Date Signed:** 2026-02-28

**Name of Applicant:** Unified Series Trust

**Signature:** Zachary Richmond

**Name of Signer:** Zachary Richmond

**Title:** Treasurer