# EDGAR Filing Document

**Accession Number:** 0001091439
**File Stem:** 0001004726-26-001395
**Filing Date:** 2026-2
**Character Count:** 85963
**Document Hash:** e1e7ae156db9c03fe4cd8d5eca60643b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-26-001395.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0001004726-26-001395

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ALLIANZ VARIABLE INSURANCE PRODUCTS TRUST
- **CENTRAL INDEX KEY:** 0001091439

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09491
- **FILM NUMBER:** 26697342

**BUSINESS ADDRESS:**
- **STREET 1:** 5701 GOLDEN HILLS DRIVE
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55416-1297
- **BUSINESS PHONE:** 763-765-6551

**MAIL ADDRESS:**
- **STREET 1:** 5701 GOLDEN HILLS DRIVE
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55416-1297

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** USALLIANZ VARIABLE INSURANCE PRODUCTS TRUST
- **DATE OF NAME CHANGE:** 19990721

## Series and Classes Contracts Data

### AZL T. Rowe Price Capital Appreciation Fund (Series ID: S000009963)

| Class ID   | Class Name                                          | Ticker Symbol   |
|:---|:---|:---|
| C000027546 | AZL T. Rowe Price Capital Appreciation Fund Class 2 |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Allianz Variable Insurance Products Trust

- **b. Investment Company Act file number:** 811-09491

- **c. CIK number of Registrant:** 0001091439

- **d. LEI of Registrant:** 549300446YVO0C3VKW34

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

  - **Street Address 1:** 5701 Golden Hills Drive

  - **City:** Minneapolis

  - **State:** MN

  - **Foreign country:** US

  - **Zip / Postal Code:** 55416

  - **Telephone number:** 800-624-0197

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

- **a. Name of Series:** AZL T Rowe Price Capital Appreciation Fund

- **b. EDGAR series identifier (if any):** S000009963

- **c. LEI of Series:** 5493009WBBH8JQV6NC73

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

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

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

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $971207356.42

**Total Liabilities:** $16301519.57

**Net Assets:** $954905836.85

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -13.75647113 | **1-Year:** -395.41063907 | **5-Year:** -1909.15939035 | **10-Year:** -3636.52440662 | **30-Year:** -2362.45857978

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

- **3-Month:** -308.60173811 | **1-Year:** -14580.02267245 | **5-Year:** -19748.01582886 | **10-Year:** -3097.87965358 | **30-Year:** -338.35800053

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000027546 | 1.28%                | 0.53%                | -0.77%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $10587361.50             | $2175758.49                                |
| Month 2  | $13205691.89             | $-9194651.11                               |
| Month 3  | $10637874.10             | $-20667710.46                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| STARBUCKS CORPORATION                                             | STARBUCKS CORP CALL OPTION                       | CUSIP: N/A<br>LEI: OQSJ1DU9TAOC51A47K68       | N/A              | DE               |  | US        |      -191 | NC      | $-65.72       | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| ARTHUR J. GALLAGHER & CO.                                         | ARTHUR J GALLAGHER CO                            | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |     64054 | NS      | $16576534.66  | 1.74%             |  |  |  | No            | 1                  | On Loan: No      |
| DOMINO'S PIZZA MASTER ISSUER LLC                                  | DOMINO S PIZZA MASTER ISSUER LLC                 | CUSIP: 25755TAH3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    809340 | PA      | $807794.04    | 0.08%             | 2047-07-25      | Fixed         | 4.12%                 | Yes           | 2                  | On Loan: No      |
| HUB INTERNATIONAL LIMITED                                         | HUB INTERNATIONAL                                | CUSIP: 44332EAZ9<br>LEI: 549300JQT6ATTUNS5E06 | Long             | LON              | CORP              | US        |  11666020 | PA      | $11721316.47  | 1.23%             | 2030-06-20      | Floating      | 6.12%                 | No            | 2                  | On Loan: No      |
| TRANSDIGM INC.                                                    | TRANSDIGM INC                                    | CUSIP: 893647BV8<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   3474000 | PA      | $3604275.00   | 0.38%             | 2032-03-01      | Fixed         | 6.62%                 | Yes           | 2                  | On Loan: No      |
| CROWDSTRIKE HOLDINGS, INC.                                        | CROWDSTRIKE HOLDINGS INC                         | CUSIP: 22788CAA3<br>LEI: 549300YBY08K9KM4HX32 | Long             | DBT              | CORP              | US        |     60000 | PA      | $57375.00     | 0.01%             | 2029-02-15      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| DTE ENERGY COMPANY                                                | DTE ENERGY CO                                    | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Long             | EC               | CORP              | US        |      1090 | NS      | $140588.20    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| APPLE INC.                                                        | APPLE INC                                        | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    139968 | NS      | $38051700.48  | 3.98%             |  |  |  | No            | 1                  | On Loan: No      |
| MARINER WEALTH ADVISORS                                           | MARINER WEALTH ADVISORS                          | CUSIP: TC13SSO09<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     94000 | PA      | $94416.42     | 0.01%             | 2030-12-30      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| WORKDAY, INC.                                                     | WORKDAY INC CLASS A CALL OPTION                  | CUSIP: N/A<br>LEI: 549300J0DYC0N31V7G13       | N/A              | DE               |  | US        |       -41 | NC      | $-5.65        | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| YUM! Brands, Inc.                                                 | YUM BRANDS INC                                   | CUSIP: 988498AR2<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |   1492000 | PA      | $1508785.00   | 0.16%             | 2032-04-01      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| CENTERPOINT ENERGY, INC.                                          | CENTERPOINT ENERGY INC                           | CUSIP: 15189TBS5<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |   1333000 | PA      | $1342997.50   | 0.14%             | 2056-04-01      | Fixed         | 5.95%                 | No            | 2                  | On Loan: No      |
| VARSITY BRANDS INC                                                | VARSITY BRANDS INC                               | CUSIP: 92227QAG1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2933260 | PA      | $2942441.10   | 0.31%             | 2031-08-26      | Floating      | 6.67%                 | No            | 2                  | On Loan: No      |
| WORKDAY, INC.                                                     | WORKDAY INC CLASS A                              | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |     24960 | NS      | $5360908.80   | 0.56%             |  |  |  | No            | 1                  | On Loan: No      |
| Willis Towers Watson Public Limited Company                       | WILLIS TOWERS WATSON PLC CALL OPTION             | CUSIP: N/A<br>LEI: 549300WHC56FF48KL350       | N/A              | DE               |  | IE        |       -10 | NC      | $-4813.76     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| United States of America                                          | U S TREASURY NOTE                                | CUSIP: 91282CPA3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  15347000 | PA      | $15294244.69  | 1.60%             | 2030-09-30      | Fixed         | 3.62%                 | No            | 2                  | On Loan: No      |
| United States of America                                          | U S TREASURY NOTE                                | CUSIP: 91282CPD7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  34266000 | PA      | $34137502.50  | 3.57%             | 2030-10-31      | Fixed         | 3.62%                 | No            | 2                  | On Loan: No      |
| BOOZ ALLEN HAMILTON INC.                                          | BOOZ ALLEN HAMILTON INC                          | CUSIP: 09951LAC7<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |    541000 | PA      | $562004.87    | 0.06%             | 2033-08-04      | Fixed         | 5.95%                 | No            | 2                  | On Loan: No      |
| AMEREN CORPORATION                                                | AMEREN CORP                                      | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |    136396 | NS      | $13620504.56  | 1.43%             |  |  |  | No            | 1                  | On Loan: No      |
| S&P GLOBAL INC.                                                   | S P GLOBAL INC                                   | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |     12100 | NS      | $6323339.00   | 0.66%             |  |  |  | No            | 1                  | On Loan: No      |
| EURO                                                              | EURO                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | XX        |   1287929 | NS      | $1513448.28   | 0.16%             |  |  |  | No            | N/A                | On Loan: No      |
| PTC INC.                                                          | PTC INC                                          | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Long             | EC               | CORP              | US        |     98647 | NS      | $17185293.87  | 1.80%             |  |  |  | No            | 1                  | On Loan: No      |
| THERMO FISHER SCIENTIFIC INCORPORATED                             | THERMO FISHER SCIENTIFIC INC                     | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |     11304 | NS      | $6550102.80   | 0.69%             |  |  |  | No            | 1                  | On Loan: No      |
| United States of America                                          | U S TREASURY NOTE                                | CUSIP: 91282CPM7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7548000 | PA      | $7467507.68   | 0.78%             | 2032-11-30      | Fixed         | 3.75%                 | No            | 2                  | On Loan: No      |
| TRANSDIGM INC.                                                    | TRANSDIGM INC                                    | CUSIP: 893647CA3<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   1634000 | PA      | $1699360.00   | 0.18%             | 2034-01-31      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| MSCI INC.                                                         | MSCI INC                                         | CUSIP: 55354GAR1<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |   1313000 | PA      | $1325012.64   | 0.14%             | 2035-09-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| BECTON, DICKINSON AND COMPANY                                     | BECTON DICKINSON CO                              | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |    126512 | NS      | $24552183.84  | 2.57%             |  |  |  | No            | 1                  | On Loan: No      |
| ENTERGY CORPORATION                                               | ENTERGY CORP                                     | CUSIP: 29364GAR4<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |   1403000 | PA      | $1403000.00   | 0.15%             | 2056-06-15      | Fixed         | 5.88%                 | No            | 2                  | On Loan: No      |
| SERVICE CORPORATION INTERNATIONAL                                 | SERVICE CORP INTERNATIONAL US                    | CUSIP: 817565CF9<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |    605000 | PA      | $564918.75    | 0.06%             | 2030-08-15      | Fixed         | 3.38%                 | No            | 2                  | On Loan: No      |
| TRANSDIGM INC.                                                    | TRANSDIGM INC                                    | CUSIP: 893647BY2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   2565000 | PA      | $2629125.00   | 0.28%             | 2033-05-31      | Fixed         | 6.38%                 | Yes           | 2                  | On Loan: No      |
| VAIL RESORTS, INC.                                                | VAIL RESORTS INC                                 | CUSIP: 91879QAP4<br>LEI: 529900PSZHRNU9HKH870 | Long             | DBT              | CORP              | US        |    724000 | PA      | $751150.00    | 0.08%             | 2032-05-15      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| INGERSOLL RAND INC.                                               | INGERSOLL RAND INC                               | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |    127546 | NS      | $10104194.12  | 1.06%             |  |  |  | No            | 1                  | On Loan: No      |
| CENCORA, INC.                                                     | CENCORA INC                                      | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |     38855 | NS      | $13123276.25  | 1.37%             |  |  |  | No            | 1                  | On Loan: No      |
| WORKDAY, INC.                                                     | WORKDAY INC CLASS A CALL OPTION                  | CUSIP: N/A<br>LEI: 549300J0DYC0N31V7G13       | N/A              | DE               |  | US        |       -41 | NC      | $-0.68        | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Willis Towers Watson Public Limited Company                       | WILLIS TOWERS WATSON PLC                         | CUSIP: G96629103<br>LEI: 549300WHC56FF48KL350 | Long             | EC               | CORP              | IE        |     34288 | NS      | $11267036.80  | 1.18%             |  |  |  | No            | 1                  | On Loan: No      |
| YUM! Brands, Inc.                                                 | YUM BRANDS INC                                   | CUSIP: 988498AD3<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |    687000 | PA      | $757417.50    | 0.08%             | 2037-11-15      | Fixed         | 6.88%                 | No            | 2                  | On Loan: No      |
| ALPHABET INC.                                                     | ALPHABET INC CALL OPTION                         | CUSIP: N/A<br>LEI: 5493006MHB84DD0ZWV18       | N/A              | DE               |  | US        |       -20 | NC      | $-69266.16    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| VISA INC.                                                         | VISA INC CALL OPTION                             | CUSIP: N/A<br>LEI: 549300JZ4OKEHW3DPJ59       | N/A              | DE               |  | US        |       -34 | NC      | $-3499.53     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| MASTERCARD INCORPORATED.                                          | MASTERCARD INC CALL OPTION                       | CUSIP: N/A<br>LEI: AR5L2ODV9HN37376R084       | N/A              | DE               |  | US        |       -19 | NC      | $-4356.63     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| STORABLE, INC.                                                    | STORABLE                                         | CUSIP: 86210LAD0<br>LEI: 2549000AWFN27KOH3F59 | Long             | LON              | CORP              | US        |   1443079 | PA      | $1448490.43   | 0.15%             | 2031-04-16      | Floating      | 6.97%                 | No            | 2                  | On Loan: No      |
| RYAN SPECIALTY HOLDINGS, INC.                                     | RYAN SPECIALTY GROUP HOLDINGS INC                | CUSIP: 78351F107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     48780 | NS      | $2518511.40   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| NVIDIA CORPORATION                                                | NVIDIA CORP CALL OPTION                          | CUSIP: N/A<br>LEI: 549300S4KLFTLO7GSQ80       | N/A              | DE               |  | US        |       -56 | NC      | $-20641.33    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| RYAN SPECIALTY, LLC                                               | RYAN SPECIALTY LLC                               | CUSIP: 78350UAJ4<br>LEI: 549300K52N7QBO3PYY45 | Long             | LON              | CORP              | US        |    119931 | PA      | $120006.24    | 0.01%             | 2031-09-15      | Floating      | 5.72%                 | No            | 2                  | On Loan: No      |
| ALPHABET INC.                                                     | ALPHABET INC CALL OPTION                         | CUSIP: N/A<br>LEI: 5493006MHB84DD0ZWV18       | N/A              | DE               |  | US        |       -51 | NC      | $-502236.60   | -0.05%            |  |  |  | No            | 2                  | On Loan: No      |
| ALPHABET INC.                                                     | ALPHABET INC CALL OPTION                         | CUSIP: N/A<br>LEI: 5493006MHB84DD0ZWV18       | N/A              | DE               |  | US        |       -20 | NC      | $-76649.68    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| YUM! Brands, Inc.                                                 | YUM BRANDS INC                                   | CUSIP: 988498AL5<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |    448000 | PA      | $447440.00    | 0.05%             | 2030-01-15      | Fixed         | 4.75%                 | Yes           | 2                  | On Loan: No      |
| PPL CORPORATION                                                   | PPL CORP                                         | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |    348631 | NS      | $12209057.62  | 1.28%             |  |  |  | No            | 1                  | On Loan: No      |
| APPLE INC.                                                        | APPLE INC CALL OPTION                            | CUSIP: N/A<br>LEI: HWUPKR0MPOU8FGXBT394       | N/A              | DE               |  | US        |       -51 | NC      | $-139990.39   | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| ADVANCED MICRO DEVICES, INC.                                      | ADVANCED MICRO DEVICES INC CALL OPTION           | CUSIP: N/A<br>LEI: R2I72C950HOYXII45366       | N/A              | DE               |  | US        |       -51 | NC      | $-202757.74   | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| WYNDHAM HOTELS & RESORTS, INC.                                    | WYNDHAM HOTELS RESORTS INC                       | CUSIP: 98310CAF9<br>LEI: 549300FE3MQ4RVXXC673 | Long             | LON              | CORP              | US        |    579948 | PA      | $580957.57    | 0.06%             | 2030-05-28      | Floating      | 5.47%                 | No            | 2                  | On Loan: No      |
| QUARTZ ACQUIRECO, LLC                                             | QUALTRICS                                        | CUSIP: 74773KAE5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    673341 | PA      | $671657.45    | 0.07%             | 2030-06-28      | Floating      | 5.92%                 | No            | 2                  | On Loan: No      |
| CANADIAN NATURAL RESOURCES LIMITED                                | CANADIAN NATURAL RESOURCES                       | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |    294930 | NS      | $9983380.50   | 1.05%             |  |  |  | No            | 1                  | On Loan: No      |
| MISTER CAR WASH HOLDINGS, INC.                                    | MISTER CAR WASH HOLDINGS INC                     | CUSIP: 60646CAK3<br>LEI: 549300BARUQU0U2GQE05 | Long             | LON              | CORP              | US        |    469253 | PA      | $470595.12    | 0.05%             | 2031-03-27      | Floating      | 6.22%                 | No            | 2                  | On Loan: No      |
| YUM! Brands, Inc.                                                 | YUM BRANDS INC                                   | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Long             | EC               | CORP              | US        |     74037 | NS      | $11200317.36  | 1.17%             |  |  |  | No            | 1                  | On Loan: No      |
| USI INC NY                                                        | USI INC NY                                       | CUSIP: 90351NAQ8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2684430 | PA      | $2688161.04   | 0.28%             | 2030-09-27      | Floating      | 5.92%                 | No            | 2                  | On Loan: No      |
| ENTERGY CORPORATION                                               | ENTERGY CORP                                     | CUSIP: 29364GAS2<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |    953000 | PA      | $951808.75    | 0.10%             | 2056-06-15      | Fixed         | 6.10%                 | No            | 2                  | On Loan: No      |
| MASTERCARD INCORPORATED.                                          | MATERCARD INC CLASS A                            | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     21956 | NS      | $12534241.28  | 1.31%             |  |  |  | No            | 1                  | On Loan: No      |
| HILTON DOMESTIC OPERATING COMPANY INC.                            | HILTON DOMESTIC OPERATIN                         | CUSIP: 432833AP6<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    829000 | PA      | $846616.25    | 0.09%             | 2029-04-01      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| BROADSTREET PARTNERS GROUP, LLC                                   | BROADSTREET PARTNERS INC                         | CUSIP: 11135RAA3<br>LEI: 549300BS9N54G8DD0R75 | Long             | DBT              | CORP              | US        |   2183000 | PA      | $2174813.75   | 0.23%             | 2029-04-15      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| MARINER WEALTH ADVISORS, LLC                                      | MARINER WEALTH                                   | CUSIP: 56846TAH9<br>LEI: 549300XJJOOU336E5R24 | Long             | LON              | CORP              | US        |   1483908 | PA      | $1490482.13   | 0.16%             | 2030-12-18      | Floating      | 6.50%                 | No            | 2                  | On Loan: No      |
| ICON PARENT INC                                                   | ICON PARENT INC                                  | CUSIP: 45115MAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    980400 | PA      | $980400.00    | 0.10%             | 2032-09-13      | Floating      | 8.84%                 | No            | 2                  | On Loan: No      |
| IQVIA INC.                                                        | IQVIA INC                                        | CUSIP: 46266TAD0<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    574000 | PA      | $594090.00    | 0.06%             | 2030-05-15      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| Vaxcyte Inc                                                       | VAXCYTE INC                                      | CUSIP: 92243G108<br>LEI: 254900M7NMHTGASX8D95 | Long             | EC               | CORP              | US        |     29601 | NS      | $1365790.14   | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| FILTRATION GROUP CORPORATION                                      | FILTRATION GROUP CORP                            | CUSIP: 31732FAW6<br>LEI: 549300ZA0D9WN5ECE978 | Long             | LON              | CORP              | US        |   1022238 | PA      | $1035015.95   | 0.11%             | 2028-10-24      | Floating      | 5.40%                 | No            | 2                  | On Loan: No      |
| MCKESSON CORPORATION                                              | MCKESSON CORP CALL OPTION                        | CUSIP: N/A<br>LEI: 549300WZWOM80UCFSF54       | N/A              | DE               |  | US        |       -11 | NC      | $-50185.06    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| DOORDASH, INC.                                                    | DOORDASH INC                                     | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |      3456 | NS      | $782714.88    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| ABBOTT LABORATORIES                                               | ABBOTT LABORATORIES                              | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |    158129 | NS      | $19811982.41  | 2.07%             |  |  |  | No            | 1                  | On Loan: No      |
| KKR & CO. INC.                                                    | KKR CO INC                                       | CUSIP: 48251W500<br>LEI: 54930013V5I303TF9571 | Long             | EP               | CORP              | US        |      9555 | NS      | $495331.20    | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| FAIR ISAAC CORPORATION                                            | FAIR ISAAC CORP                                  | CUSIP: 303250AG9<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |    696000 | PA      | $714270.00    | 0.07%             | 2033-05-15      | Fixed         | 6.00%                 | Yes           | 2                  | On Loan: No      |
| YUM! Brands, Inc.                                                 | YUM BRANDS INC                                   | CUSIP: 988498AK7<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |    998000 | PA      | $963070.00    | 0.10%             | 2043-11-01      | Fixed         | 5.35%                 | No            | 2                  | On Loan: No      |
| TRANSDIGM INC.                                                    | TRANSDIGM INC                                    | CUSIP: 89364MCF9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |   4739210 | PA      | $4752053.42   | 0.50%             | 2030-03-22      | Floating      | 5.97%                 | No            | 2                  | On Loan: No      |
| ROPER TECHNOLOGIES, INC.                                          | ROPER TECHNOLOGIES INC                           | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |      8179 | NS      | $3640718.27   | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| PTC INC.                                                          | PTC INC                                          | CUSIP: 69370CAC4<br>LEI: 54930050SSMU8SKDJ030 | Long             | DBT              | CORP              | US        |    766000 | PA      | $754510.00    | 0.08%             | 2028-02-15      | Fixed         | 4.00%                 | Yes           | 2                  | On Loan: No      |
| META PLATFORMS, INC.                                              | META PLATEFORM INC CLASS A CALL OPTION           | CUSIP: N/A<br>LEI: BQ4BKCS1HXDV9HN80Z93       | N/A              | DE               |  | US        |       -21 | NC      | $-157.05      | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| ELI LILLY AND COMPANY                                             | ELI LILLY CO                                     | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      9436 | NS      | $10140680.48  | 1.06%             |  |  |  | No            | 1                  | On Loan: No      |
| AMPHENOL CORPORATION                                              | AMPHENOL CORP CALL OPTION                        | CUSIP: N/A<br>LEI: 549300D3L3G0R4U4VT04       | N/A              | DE               |  | US        |       -30 | NC      | $-61556.40    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| HUB INTERNATIONAL LIMITED                                         | HUB INTERNATIONAL LTD                            | CUSIP: 44332PAH4<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |   8222000 | PA      | $8612545.00   | 0.90%             | 2030-06-15      | Fixed         | 7.25%                 | Yes           | 2                  | On Loan: No      |
| SIX FLAGS ENTERTAINMENT CORPORATION                               | CEDAR FAIR CAN MAGNUM MI                         | CUSIP: 150190AB2<br>LEI: 529900AS2CYWYFHRS781 | Long             | DBT              | CORP              | US        |    774000 | PA      | $769162.50    | 0.08%             | 2027-04-15      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| CPI HOLDCO B, LLC                                                 | CPI HOLDCO B LLC                                 | CUSIP: 1261MAAE0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2748531 | PA      | $2753506.33   | 0.29%             | 2031-05-19      | Floating      | 5.72%                 | No            | 2                  | On Loan: No      |
| AMWINS GROUP, INC.                                                | AMWINS GROUP INC                                 | CUSIP: 031921AC3<br>LEI: 549300SJE7MUB8NMRG61 | Long             | DBT              | CORP              | US        |    681000 | PA      | $698025.00    | 0.07%             | 2029-02-15      | Fixed         | 6.38%                 | Yes           | 2                  | On Loan: No      |
| SBA COMMUNICATIONS CORPORATION                                    | SBA COMMUNICATIONS CORP                          | CUSIP: 78410GAD6<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              | CORP              | US        |   1201000 | PA      | $1188990.00   | 0.12%             | 2027-02-15      | Fixed         | 3.88%                 | No            | 2                  | On Loan: No      |
| HUB INTERNATIONAL LIMITED                                         | HUB INTERNATIONAL LTD                            | CUSIP: 44332PAG6<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |   1458000 | PA      | $1452532.50   | 0.15%             | 2029-12-01      | Fixed         | 5.62%                 | Yes           | 2                  | On Loan: No      |
| EP WEALTH ADVISORS, LLC                                           | EP WEALTH ADVISORS LLC TL 1L                     | CUSIP: 29416NAB2<br>LEI: 254900EMIFA00FZWU856 | Long             | LON              | CORP              | US        |    292000 | PA      | $292730.00    | 0.03%             | 2032-10-06      | Floating      | 6.67%                 | No            | 2                  | On Loan: No      |
| KFC HOLDING CO.                                                   | KFC HLD PIZZA HUT TACO BELL                      | CUSIP: 48250NAC9<br>LEI: 549300G2LG4YUB3MM115 | Long             | DBT              | CORP              | US        |   1883000 | PA      | $1880646.25   | 0.20%             | 2027-06-01      | Fixed         | 4.75%                 | Yes           | 2                  | On Loan: No      |
| UKG INC.                                                          | UKG INC                                          | CUSIP: 89841EAB1<br>LEI: 529900FKHWSTQ1GXK240 | Long             | LON              | CORP              | US        |   3140536 | PA      | $3141792.05   | 0.33%             | 2031-01-31      | Floating      | 6.34%                 | No            | 2                  | On Loan: No      |
| AVANTOR FUNDING, INC.                                             | AVANTOR FUNDING INC                              | CUSIP: 05352TAB5<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |     75000 | PA      | $71343.75     | 0.01%             | 2029-11-01      | Fixed         | 3.88%                 | Yes           | 2                  | On Loan: No      |
| MCKESSON CORPORATION                                              | MCKESSON CORP                                    | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      5817 | NS      | $4771626.93   | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| INGERSOLL RAND INC.                                               | INGERSOLL RAND INC CALL OPTION                   | CUSIP: N/A<br>LEI: 5299004C02FMZCUOIR50       | N/A              | DE               |  | US        |       -71 | NC      | $-0.58        | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| NISOURCE INC.                                                     | NISOURCE INC                                     | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |    437808 | NS      | $18282862.08  | 1.91%             |  |  |  | No            | 1                  | On Loan: No      |
| ALPHABET INC.                                                     | ALPHABET INC CLASS A                             | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    119012 | NS      | $37250756.00  | 3.90%             |  |  |  | No            | 1                  | On Loan: No      |
| BENDING SPOONS                                                    | BENDING SPOONS                                   | CUSIP: TC5PODYU6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2359000 | PA      | $2282332.50   | 0.24%             | 2031-03-07      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| NVIDIA CORPORATION                                                | NVIDIA CORP CALL OPTION                          | CUSIP: N/A<br>LEI: 549300S4KLFTLO7GSQ80       | N/A              | DE               |  | US        |       -56 | NC      | $-5564.99     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| ALPHABET INC.                                                     | ALPHABET INC CALL OPTION                         | CUSIP: N/A<br>LEI: 5493006MHB84DD0ZWV18       | N/A              | DE               |  | US        |       -51 | NC      | $-553107.86   | -0.06%            |  |  |  | No            | 2                  | On Loan: No      |
| MASTERCARD INCORPORATED.                                          | MASTERCARD INC CALL OPTION                       | CUSIP: N/A<br>LEI: AR5L2ODV9HN37376R084       | N/A              | DE               |  | US        |       -20 | NC      | $-10999.58    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Arcellx Inc                                                       | ARCELLX INC                                      | CUSIP: 03940C100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     39047 | NS      | $2545864.40   | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| HILTON DOMESTIC OPERATING COMPANY INC.                            | HILTON WORLDWIDE FIN LLC                         | CUSIP: 432891AK5<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    771000 | PA      | $769072.50    | 0.08%             | 2027-04-01      | Fixed         | 4.88%                 | No            | 2                  | On Loan: No      |
| DANAHER CORPORATION                                               | DANAHER CORP CALL OPTION                         | CUSIP: N/A<br>LEI: S4BKK9OTCEWQ3YHPFM11       | N/A              | DE               |  | US        |       -41 | NC      | $-43352.06    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| CAPSTONE BORROWER, INC.                                           | CAPSTONE BORROWER INC                            | CUSIP: 140944AA7<br>LEI: 254900YSP2BAI3YKIX08 | Long             | DBT              | CORP              | US        |    451000 | PA      | $462838.75    | 0.05%             | 2030-06-15      | Fixed         | 8.00%                 | Yes           | 2                  | On Loan: No      |
| META PLATFORMS, INC.                                              | META PLATEFORM INC CLASS A CALL OPTION           | CUSIP: N/A<br>LEI: BQ4BKCS1HXDV9HN80Z93       | N/A              | DE               |  | US        |       -21 | NC      | $-67.00       | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| BROADCOM INC.                                                     | BROADCOM INC                                     | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     46039 | NS      | $15934097.90  | 1.67%             |  |  |  | No            | 1                  | On Loan: No      |
| ADVANCED MICRO DEVICES, INC.                                      | ADVANCED MICRO DEVICES INC CALL OPTION           | CUSIP: N/A<br>LEI: R2I72C950HOYXII45366       | N/A              | DE               |  | US        |       -51 | NC      | $-178012.87   | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| KORN FERRY                                                        | KORN FERRY INTERNATIONAL                         | CUSIP: 50067PAA7<br>LEI: 549300FOD20OM0GT5G40 | Long             | DBT              | CORP              | US        |    397000 | PA      | $397000.00    | 0.04%             | 2027-12-15      | Fixed         | 4.62%                 | Yes           | 2                  | On Loan: No      |
| INGERSOLL RAND INC.                                               | INGERSOLL RAND INC CALL OPTION                   | CUSIP: N/A<br>LEI: 5299004C02FMZCUOIR50       | N/A              | DE               |  | US        |       -71 | NC      | $-5.51        | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| MASTERCARD INCORPORATED.                                          | MASTERCARD INC CALL OPTION                       | CUSIP: N/A<br>LEI: AR5L2ODV9HN37376R084       | N/A              | DE               |  | US        |       -11 | NC      | $-26.51       | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| YUM! Brands, Inc.                                                 | YUM BRANDS INC CALL OPTION                       | CUSIP: N/A<br>LEI: 549300JE8XHZZ7OHN517       | N/A              | DE               |  | US        |       -21 | NC      | $-142.71      | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| RYAN SPECIALTY, LLC                                               | RYAN SPECIALTY GROUP LLC                         | CUSIP: 78351MAA0<br>LEI: 549300K52N7QBO3PYY45 | Long             | DBT              | CORP              | US        |    465000 | PA      | $453375.00    | 0.05%             | 2030-02-01      | Fixed         | 4.38%                 | Yes           | 2                  | On Loan: No      |
| ELI LILLY AND COMPANY                                             | ELI LILLY CO CALL OPTION                         | CUSIP: N/A<br>LEI: FRDRIPF3EKNDJ2CQJL29       | N/A              | DE               |  | US        |        -4 | NC      | $-90987.10    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| AMAZON.COM, INC.                                                  | AMAZON COM INC CALL OPTION                       | CUSIP: N/A<br>LEI: ZXTILKJKG63JELOEG630       | N/A              | DE               |  | US        |       -51 | NC      | $-1400.77     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| CANADIAN NATURAL RESOURCES LIMITED                                | CANADIAN NATURAL RESOURCE CALL OPTION            | CUSIP: N/A<br>LEI: 549300T15RIMIKZC5Q38       | N/A              | DE               |  | CA        |      -152 | NC      | $-2245.12     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| CCC INTELLIGENT SOLUTIONS INC.                                    | CCC INTELLIGENT SOLUTIONS INC                    | CUSIP: 12511BAC6<br>LEI: 5493006JEEL9RIWY5T17 | Long             | LON              | CORP              | US        |    904453 | PA      | $906714.09    | 0.09%             | 2028-09-21      | Floating      | 5.72%                 | No            | 2                  | On Loan: No      |
| TRANSDIGM INC.                                                    | TRANSDIGM INC                                    | CUSIP: 893647BT3<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   1272000 | PA      | $1334010.00   | 0.14%             | 2031-12-01      | Fixed         | 7.12%                 | Yes           | 2                  | On Loan: No      |
| BioNTech SE                                                       | BIONTECH SE ADR                                  | CUSIP: 09075V102<br>LEI: 894500UZJ5LG1F8J1U58 | Long             |  | CORP              | DE        |     20974 | NS      | $1996724.80   | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| TRANSDIGM INC.                                                    | TRANSDIGM INC                                    | CUSIP: 893647BU0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   2571000 | PA      | $2648130.00   | 0.28%             | 2029-03-01      | Fixed         | 6.38%                 | Yes           | 2                  | On Loan: No      |
| TRANSDIGM INC.                                                    | TRANSDIGM INC                                    | CUSIP: 893647BP1<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    762000 | PA      | $754380.00    | 0.08%             | 2029-01-15      | Fixed         | 4.62%                 | No            | 2                  | On Loan: No      |
| MCKESSON CORPORATION                                              | MCKESSON CORP CALL OPTION                        | CUSIP: N/A<br>LEI: 549300WZWOM80UCFSF54       | N/A              | DE               |  | US        |        -9 | NC      | $-127525.32   | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| DANAHER CORPORATION                                               | DANAHER CORP                                     | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |     10200 | NS      | $2334984.00   | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| SURGERY CENTER HOLDINGS, INC.                                     | SURGERY CENTER HOLDINGS                          | CUSIP: 86881WAF9<br>LEI: 54930054EVI5HWPPW113 | Long             | DBT              | CORP              | US        |    451000 | PA      | $456073.75    | 0.05%             | 2032-04-15      | Fixed         | 7.25%                 | Yes           | 2                  | On Loan: No      |
| MCKESSON CORPORATION                                              | MCKESSON CORP CALL OPTION                        | CUSIP: N/A<br>LEI: 549300WZWOM80UCFSF54       | N/A              | DE               |  | US        |       -11 | NC      | $-69954.41    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| BROADSTREET PARTNERS INC                                          | BROADSTREET PARTNERS INC                         | CUSIP: 11132VAY5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   6647934 | PA      | $6667146.92   | 0.70%             | 2031-06-16      | Floating      | 6.47%                 | No            | 2                  | On Loan: No      |
| CYTOKINETICS, INCORPORATED                                        | CYTOKINETICS INC                                 | CUSIP: 23282W605<br>LEI: 549300BE5DY1HW7IHA64 | Long             | EC               | CORP              | US        |     50919 | NS      | $3235393.26   | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| ABBOTT LABORATORIES                                               | ABBOTT LABORATORIES CALL OPTION                  | CUSIP: N/A<br>LEI: HQD377W2YR662HK5JX27       | N/A              | DE               |  | US        |       -49 | NC      | $-1.90        | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| EPICOR SOFTWARE CORPORATION                                       | EPICOR SOFTWARE CORP                             | CUSIP: 29426NAZ7<br>LEI: JGNXVGGGXR4O1L5I7S73 | Long             | LON              | CORP              | US        |   1725675 | PA      | $1730316.78   | 0.18%             | 2031-05-30      | Floating      | 6.22%                 | No            | 2                  | On Loan: No      |
| Medline Inc                                                       | MEDLINE INC                                      | CUSIP: 58507V107<br>LEI: 984500FAN6J1P8566D43 | Long             | EC               | CORP              | US        |     61398 | NS      | $2578716.00   | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| AURORA INNOVATION, INC.                                           | AURORA INNOVATION INC                            | CUSIP: 051774107<br>LEI: 984500AB2E0D9F7D9D76 | Long             | EC               | CORP              | US        |   2322329 | NS      | $8917743.36   | 0.93%             |  |  |  | No            | 1                  | On Loan: No      |
| SERVICE CORPORATION INTERNATIONAL                                 | SERVICE CORPORATION INTERNATIONAL                | CUSIP: 817565CD4<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |    103000 | PA      | $102742.50    | 0.01%             | 2027-12-15      | Fixed         | 4.62%                 | No            | 2                  | On Loan: No      |
| ICON PARENT INC TERM                                              | ICON PARENT INC TERM                             | CUSIP: 45115DAC2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2728834 | PA      | $2731917.83   | 0.29%             | 2031-11-13      | Floating      | 6.44%                 | No            | 2                  | On Loan: No      |
| United States of America                                          | U S TREASURY NOTE                                | CUSIP: 91282CNN7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  30006000 | PA      | $30240421.88  | 3.17%             | 2030-07-31      | Fixed         | 3.88%                 | No            | 2                  | On Loan: No      |
| NISOURCE INC.                                                     | NISOURCE INC                                     | CUSIP: 65473PAY1<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |   2488000 | PA      | $2503550.00   | 0.26%             | 2056-07-15      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| HILTON DOMESTIC OPERATING COMPANY INC.                            | HILTON DOMESTIC OPERATING                        | CUSIP: 432833AS0<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |   1189000 | PA      | $1212780.00   | 0.13%             | 2033-09-15      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| SERVICE CORPORATION INTERNATIONAL                                 | SERVICE CORP INTL                                | CUSIP: 817565CH5<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |    580000 | PA      | $589425.00    | 0.06%             | 2032-10-15      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| VISA INC.                                                         | VISA INC CALL OPTION                             | CUSIP: N/A<br>LEI: 549300JZ4OKEHW3DPJ59       | N/A              | DE               |  | US        |       -30 | NC      | $-15349.06    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| MASTERCARD INCORPORATED.                                          | MASTERCARD INC CALL OPTION                       | CUSIP: N/A<br>LEI: AR5L2ODV9HN37376R084       | N/A              | DE               |  | US        |       -18 | NC      | $-171.61      | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| UNITEDHEALTH GROUP INCORPORATED                                   | UNITEDHEALTH GROUP INC                           | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     35650 | NS      | $11768421.50  | 1.23%             |  |  |  | No            | 1                  | On Loan: No      |
| KKR & CO. INC.                                                    | KKR CO INC A                                     | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |     80483 | NS      | $10259972.84  | 1.07%             |  |  |  | No            | 1                  | On Loan: No      |
| CENTERPOINT ENERGY, INC.                                          | CENTERPOINT ENERGY INC                           | CUSIP: 15189T107<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | EC               | CORP              | US        |    498553 | NS      | $19114522.02  | 2.00%             |  |  |  | No            | 1                  | On Loan: No      |
| HILTON DOMESTIC OPERATING COMPANY INC.                            | HILTON DOMESTIC OPERATING CO INC                 | CUSIP: 432833AT8<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    790000 | PA      | $793950.00    | 0.08%             | 2034-03-31      | Fixed         | 5.50%                 | Yes           | 2                  | On Loan: No      |
| Apogee Therapeutics Inc                                           | APOGEE THERAPEUTICS INC                          | CUSIP: 03770N101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17652 | NS      | $1332372.96   | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| AMWINS GROUP, INC.                                                | AMWINS GROUP INC                                 | CUSIP: 03234TBA5<br>LEI: 549300SJE7MUB8NMRG61 | Long             | LON              | CORP              | US        |   5885855 | PA      | $5900569.55   | 0.62%             | 2032-01-23      | Floating      | 5.97%                 | No            | 2                  | On Loan: No      |
| AMPHENOL CORPORATION                                              | AMPHENOL CORP CALL OPTION                        | CUSIP: N/A<br>LEI: 549300D3L3G0R4U4VT04       | N/A              | DE               |  | US        |       -30 | NC      | $-47237.82    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| NVIDIA CORPORATION                                                | NVIDIA CORP                                      | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    227032 | NS      | $42341468.00  | 4.43%             |  |  |  | No            | 1                  | On Loan: No      |
| APPLIED SYSTEMS, INC.                                             | APPLIED SYSTEM INC                               | CUSIP: 03827FBD2<br>LEI: 549300NSKGF0SY5SWQ62 | Long             | LON              | CORP              | US        |  13090997 | PA      | $13159201.41  | 1.38%             | 2031-02-24      | Floating      | 6.17%                 | No            | 2                  | On Loan: No      |
| LGC GROUP TL                                                      | LGC GROUP TL                                     | CUSIP: 5039999D8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3013126 | PA      | $3008605.93   | 0.32%             | 2030-01-31      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| United States of America                                          | U S TREASURY NOTE                                | CUSIP: 91282CPF2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9517000 | PA      | $9420714.70   | 0.99%             | 2032-10-31      | Fixed         | 3.75%                 | No            | 2                  | On Loan: No      |
| AMAZON.COM, INC.                                                  | AMAZON COM INC                                   | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    152104 | NS      | $35108645.28  | 3.68%             |  |  |  | No            | 1                  | On Loan: No      |
| FILTRATION GROUP CORPORATION                                      | FILTRATION GROUP CORP                            | CUSIP: 31732FAX4<br>LEI: 549300ZA0D9WN5ECE978 | Long             | LON              | CORP              | US        |   4935095 | PA      | $4957697.23   | 0.52%             | 2028-10-23      | Floating      | 6.47%                 | No            | 2                  | On Loan: No      |
| SBA SENIOR FINANCE II LLC                                         | SBA SENIOR FINANCE II LLC                        | CUSIP: 78404XAJ4<br>LEI: 549300PVT2ADFWMYEW87 | Long             | LON              | CORP              | US        |   1656906 | PA      | $1662936.88   | 0.17%             | 2031-01-27      | Floating      | 5.47%                 | No            | 2                  | On Loan: No      |
| MICROSOFT CORPORATION                                             | MICROSOFT CORP                                   | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     91761 | NS      | $44377454.82  | 4.65%             |  |  |  | No            | 1                  | On Loan: No      |
| IQVIA INC.                                                        | IQVIA INC                                        | CUSIP: 46266TAA6<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    417000 | PA      | $415957.50    | 0.04%             | 2027-05-15      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| BLACKROCK LIQUIDITY FUNDS FEDFUND PORTFOLIO                       | BLACKROCK LIQUIDITY FEDFUND INSTITUTIONAL SHARES | CUSIP: 09248U700<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  12556901 | NS      | $12556900.83  | 1.31%             |  |  |  | No            | 1                  | On Loan: No      |
| REVVITY, INC.                                                     | REVVITY INC                                      | CUSIP: 714046109<br>LEI: 549300IKL1SDPFI7N655 | Long             | EC               | CORP              | US        |    220853 | NS      | $21367527.75  | 2.24%             |  |  |  | No            | 1                  | On Loan: —       |
| Dreyfus Treasury Securities Cash Management; Institutional Shares | DREYFUS TREASURY SECURITIES CASH MANAGEMENT      | CUSIP: 261941108<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  20035825 | NS      | $20035825.26  | 2.10%             |  |  |  | No            | 1                  | On Loan: No      |
| STARBUCKS CORPORATION                                             | STARBUCKS CORPORATION                            | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |    167953 | NS      | $14143322.13  | 1.48%             |  |  |  | No            | 1                  | On Loan: No      |
| DOMINO'S PIZZA MASTER ISSUER LLC                                  | DOMINOS PIZZA MASTER ISSUER LLC                  | CUSIP: 25755TAL4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    619200 | PA      | $597930.91    | 0.06%             | 2049-10-25      | Fixed         | 3.67%                 | Yes           | 2                  | On Loan: No      |
| HUB INTERNATIONAL LIMITED                                         | HUB INTERNATIONAL LTD                            | CUSIP: 44332PAJ0<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |   4489000 | PA      | $4702227.50   | 0.49%             | 2032-01-31      | Fixed         | 7.38%                 | Yes           | 2                  | On Loan: No      |
| MICROSOFT CORPORATION                                             | MICROSOFT CORP CALL OPTION                       | CUSIP: N/A<br>LEI: INR2EJN1ERAN0W5ZP974       | N/A              | DE               |  | US        |       -21 | NC      | $-1.29        | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| VAIL RESORTS, INC.                                                | VAIL RESORTS INC                                 | CUSIP: 91879QAQ2<br>LEI: 529900PSZHRNU9HKH870 | Long             | DBT              | CORP              | US        |    302000 | PA      | $306530.00    | 0.03%             | 2030-07-15      | Fixed         | 5.62%                 | Yes           | 2                  | On Loan: No      |
| DANAHER CORPORATION                                               | DANAHER CORP CALL OPTION                         | CUSIP: N/A<br>LEI: S4BKK9OTCEWQ3YHPFM11       | N/A              | DE               |  | US        |       -61 | NC      | $0.00         | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| AVANTOR FUNDING, INC.                                             | AVANTOR FUNDING INC                              | CUSIP: 05352TAA7<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |    560000 | PA      | $557200.00    | 0.06%             | 2028-07-15      | Fixed         | 4.62%                 | Yes           | 2                  | On Loan: No      |
| APPLE INC.                                                        | APPLE INC CALL OPTION                            | CUSIP: N/A<br>LEI: HWUPKR0MPOU8FGXBT394       | N/A              | DE               |  | US        |       -51 | NC      | $-190497.48   | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| TRANSDIGM INC.                                                    | TRANSDIGM INC                                    | CUSIP: 893647BR7<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    419000 | PA      | $425808.75    | 0.04%             | 2028-08-15      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| Life Time, Inc.                                                   | LIFE TIME INC                                    | CUSIP: 53190FAE5<br>LEI: 549300PALKE96VYH4X17 | Long             | DBT              | CORP              | US        |    533000 | PA      | $543660.00    | 0.06%             | 2031-11-15      | Fixed         | 6.00%                 | Yes           | 2                  | On Loan: No      |
| HILTON DOMESTIC OPERATING COMPANY INC.                            | HILTON DOMESTIC OPERATIN                         | CUSIP: 432833AL5<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |   1710000 | PA      | $1630912.50   | 0.17%             | 2031-05-01      | Fixed         | 4.00%                 | Yes           | 2                  | On Loan: No      |
| KEURIG DR PEPPER INC.                                             | KEURIG DR PEPPER INC                             | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |    223592 | NS      | $6262811.92   | 0.66%             |  |  |  | No            | 1                  | On Loan: No      |
| AMAZON.COM, INC.                                                  | AMAZON COM INC CALL OPTION                       | CUSIP: N/A<br>LEI: ZXTILKJKG63JELOEG630       | N/A              | DE               |  | US        |       -51 | NC      | $-373.77      | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| United States of America                                          | U S TREASURY NOTE                                | CUSIP: 91282CNZ0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11959000 | PA      | $11933306.81  | 1.25%             | 2032-09-30      | Fixed         | 3.88%                 | No            | 2                  | On Loan: No      |
| SBA TOWER TRUST                                                   | SBA TOWER TRUST                                  | CUSIP: 78403DAZ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     63000 | PA      | $64558.63     | 0.01%             | 2028-01-15      | Variable      | 6.60%                 | Yes           | 2                  | On Loan: No      |
| ELI LILLY AND COMPANY                                             | ELI LILLY CO CALL OPTION                         | CUSIP: N/A<br>LEI: FRDRIPF3EKNDJ2CQJL29       | N/A              | DE               |  | US        |        -4 | NC      | $-75098.47    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| MASTERCARD INCORPORATED.                                          | MASTERCARD INC CALL OPTION                       | CUSIP: N/A<br>LEI: AR5L2ODV9HN37376R084       | N/A              | DE               |  | US        |       -23 | NC      | $-8620.88     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| YUM! Brands, Inc.                                                 | YUM BRANDS INC CALL OPTION                       | CUSIP: N/A<br>LEI: 549300JE8XHZZ7OHN517       | N/A              | DE               |  | US        |       -71 | NC      | $-2065.03     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| ELLUCIAN HOLDINGS INC.                                            | ELLUCIAN HOLDINGS INC                            | CUSIP: 289178AA3<br>LEI: 549300RP8NIJ7FY7OS79 | Long             | DBT              | CORP              | US        |    718000 | PA      | $731462.50    | 0.08%             | 2029-12-01      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| VISA INC.                                                         | VISA INC CLASS A                                 | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     33574 | NS      | $11774737.54  | 1.23%             |  |  |  | No            | 1                  | On Loan: No      |
| CMS ENERGY CORPORATION                                            | CMS ENERGY CORP PFD                              | CUSIP: 125896852<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EP               | CORP              | US        |       772 | NS      | $17485.80     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| VISA INC.                                                         | VISA INC CALL OPTION                             | CUSIP: N/A<br>LEI: 549300JZ4OKEHW3DPJ59       | N/A              | DE               |  | US        |       -31 | NC      | $-1.73        | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| SIX FLAGS ENTERTAINMENT CORPORATION                               | CEDAR FAIR LP CANADA S WONDERLAND CO MAGNUM      | CUSIP: 150190AK2<br>LEI: 529900AS2CYWYFHRS781 | Long             | DBT              | CORP              | US        |    920000 | PA      | $897000.00    | 0.09%             | 2028-10-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| YUM! Brands, Inc.                                                 | YUM BRANDS INC                                   | CUSIP: 988498AN1<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |    628000 | PA      | $591890.00    | 0.06%             | 2031-03-15      | Fixed         | 3.62%                 | No            | 2                  | On Loan: No      |
| USI INC NY                                                        | USI INC NY                                       | CUSIP: 90351NAR6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2627230 | PA      | $2632378.89   | 0.28%             | 2029-11-23      | Floating      | 5.92%                 | No            | 2                  | On Loan: No      |
| HILTON DOMESTIC OPERATING COMPANY INC.                            | HILTON DOMESTIC OPERATING CO INC                 | CUSIP: 432833AJ0<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |   1237000 | PA      | $1198343.75   | 0.13%             | 2029-05-01      | Fixed         | 3.75%                 | Yes           | 2                  | On Loan: No      |
| HILTON DOMESTIC OPERATING COMPANY INC.                            | HILTON DOMESTIC OPERATING CO INC                 | CUSIP: 432833AN1<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |   1183000 | PA      | $1097232.50   | 0.11%             | 2032-02-15      | Fixed         | 3.62%                 | Yes           | 2                  | On Loan: No      |
| VISA INC.                                                         | VISA INC CALL OPTION                             | CUSIP: N/A<br>LEI: 549300JZ4OKEHW3DPJ59       | N/A              | DE               |  | US        |       -31 | NC      | $-343.18      | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| YUM! Brands, Inc.                                                 | YUM BRANDS INC CALL OPTION                       | CUSIP: N/A<br>LEI: 549300JE8XHZZ7OHN517       | N/A              | DE               |  | US        |       -39 | NC      | $-27596.84    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| SBA COMMUNICATIONS CORPORATION                                    | SBA COMMUNICATIONS CORP                          | CUSIP: 78410GAG9<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              | CORP              | US        |   1332000 | PA      | $1268730.00   | 0.13%             | 2029-02-01      | Fixed         | 3.12%                 | No            | 2                  | On Loan: No      |
| United States of America                                          | U S TREASURY NOTE                                | CUSIP: 91282CNX5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  15288700 | PA      | $15239728.31  | 1.60%             | 2030-08-31      | Fixed         | 3.62%                 | No            | 2                  | On Loan: No      |
| STARBUCKS CORPORATION                                             | STARBUCKS CORP CALL OPTION                       | CUSIP: N/A<br>LEI: OQSJ1DU9TAOC51A47K68       | N/A              | DE               |  | US        |       -47 | NC      | $-0.37        | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| MCKESSON CORPORATION                                              | MCKESSON CORP CALL OPTION                        | CUSIP: N/A<br>LEI: 549300WZWOM80UCFSF54       | N/A              | DE               |  | US        |        -8 | NC      | $-129262.23   | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| CANADIAN NATURAL RESOURCES LIMITED                                | CANADIAN NATURAL RESOURCE CALL OPTION            | CUSIP: N/A<br>LEI: 549300T15RIMIKZC5Q38       | N/A              | DE               |  | CA        |      -152 | NC      | $-24939.65    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| MASTERCARD INCORPORATED.                                          | MASTERCARD INC CALL OPTION                       | CUSIP: N/A<br>LEI: AR5L2ODV9HN37376R084       | N/A              | DE               |  | US        |       -20 | NC      | $-3.98        | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| ALPHABET INC.                                                     | ALPHABET INC CALL OPTION                         | CUSIP: N/A<br>LEI: 5493006MHB84DD0ZWV18       | N/A              | DE               |  | US        |       -20 | NC      | $-62536.77    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| HILTON DOMESTIC OPERATING COMPANY INC.                            | HILTON DOMESTIC OPERATING CO INC                 | CUSIP: 432833AF8<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |   1166000 | PA      | $1166000.00   | 0.12%             | 2030-01-15      | Fixed         | 4.88%                 | No            | 2                  | On Loan: No      |
| HILTON DOMESTIC OPERATING COMPANY INC.                            | HILTON DOMESTIC OPERATING CO INC                 | CUSIP: 43289DAK9<br>LEI: 5493003EG7H0N1E4XV50 | Long             | LON              | CORP              | US        |   3392852 | PA      | $3411987.93   | 0.36%             | 2030-11-08      | Floating      | 5.48%                 | No            | 2                  | On Loan: No      |
| HOLOGIC, INC.                                                     | HOLOGIC INC                                      | CUSIP: 436440AP6<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | DBT              | CORP              | US        |    169000 | PA      | $166253.75    | 0.02%             | 2029-02-15      | Fixed         | 3.25%                 | Yes           | 2                  | On Loan: No      |
| SIX FLAGS ENTERTAINMENT CORPORATION                               | SIX FLAGS ENTERTAINMENT                          | CUSIP: 83001AAC6<br>LEI: 529900AS2CYWYFHRS781 | Long             | DBT              | CORP              | US        |    798000 | PA      | $793012.50    | 0.08%             | 2027-04-15      | Fixed         | 5.50%                 | Yes           | 2                  | On Loan: No      |
| ABBOTT LABORATORIES                                               | ABBOTT LABORATORIES CALL OPTION                  | CUSIP: N/A<br>LEI: HQD377W2YR662HK5JX27       | N/A              | DE               |  | US        |      -100 | NC      | $-4022.98     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| BOOZ ALLEN HAMILTON INC.                                          | BOOZ ALLEN HAMILTON INC                          | CUSIP: 09951LAB9<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |    511000 | PA      | $499473.88    | 0.05%             | 2029-07-01      | Fixed         | 4.00%                 | Yes           | 2                  | On Loan: No      |
| ASCEND LEARNING, LLC                                              | ASCEND LEARNING LLC                              | CUSIP: 04349HAN4<br>LEI: 549300T466HKRLVCD610 | Long             | LON              | CORP              | US        |   2871500 | PA      | $2878161.74   | 0.30%             | 2028-12-11      | Floating      | 6.72%                 | No            | 2                  | On Loan: No      |
| VISA INC.                                                         | VISA INC CALL OPTION                             | CUSIP: N/A<br>LEI: 549300JZ4OKEHW3DPJ59       | N/A              | DE               |  | US        |       -30 | NC      | $-39.26       | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| USI, INC.                                                         | USI INC NY                                       | CUSIP: 90346KAB5<br>LEI: 2549006D7UF7072T7I27 | Long             | DBT              | CORP              | US        |   1597000 | PA      | $1670861.25   | 0.17%             | 2032-01-15      | Fixed         | 7.50%                 | Yes           | 2                  | On Loan: No      |
| ELLUCIAN HOLDINGS INC.                                            | ELLUCIAN HOLDINGS INC                            | CUSIP: 28917XAB6<br>LEI: 549300RP8NIJ7FY7OS79 | Long             | LON              | CORP              | US        |   2343245 | PA      | $2354961.00   | 0.25%             | 2029-10-29      | Floating      | 6.47%                 | No            | 2                  | On Loan: No      |
| AMPHENOL CORPORATION                                              | AMPHENOL CORP CLASS A                            | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |     56801 | NS      | $7676087.14   | 0.80%             |  |  |  | No            | 1                  | On Loan: No      |
| BENDING SPOONS US INC                                             | BENDING SPOONS US INC                            | CUSIP: TC384PWG4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    187681 | PA      | $181737.35    | 0.02%             | 2031-03-07      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| STARBUCKS CORPORATION                                             | STARBUCKS CORP CALL OPTION                       | CUSIP: N/A<br>LEI: OQSJ1DU9TAOC51A47K68       | N/A              | DE               |  | US        |       -81 | NC      | $-86.03       | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| TRANSDIGM INC.                                                    | TRANSDIGM INC                                    | CUSIP: 893647BZ9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    171000 | PA      | $176985.00    | 0.02%             | 2034-01-31      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| YUM! Brands, Inc.                                                 | YUM BRANDS INC                                   | CUSIP: 988498AP6<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |   1561000 | PA      | $1521975.00   | 0.16%             | 2032-01-31      | Fixed         | 4.62%                 | No            | 2                  | On Loan: No      |
| ABBOTT LABORATORIES                                               | ABBOTT LABORATORIES CALL OPTION                  | CUSIP: N/A<br>LEI: HQD377W2YR662HK5JX27       | N/A              | DE               |  | US        |       -51 | NC      | $-22.90       | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| RYAN SPECIALTY, LLC                                               | RYAN SPECIALTY                                   | CUSIP: 78351GAA3<br>LEI: 549300K52N7QBO3PYY45 | Long             | DBT              | CORP              | US        |   1053000 | PA      | $1071427.50   | 0.11%             | 2032-08-01      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| MICROSOFT CORPORATION                                             | MICROSOFT CORP CALL OPTION                       | CUSIP: N/A<br>LEI: INR2EJN1ERAN0W5ZP974       | N/A              | DE               |  | US        |       -21 | NC      | $-6.61        | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co., Ltd.                      | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD ADR    | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             |  | CORP              | TW        |     17700 | NS      | $5378853.00   | 0.56%             |  |  |  | No            | 1                  | On Loan: No      |
| META PLATFORMS, INC.                                              | META PLATFORMS INC                               | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     24731 | NS      | $16324685.79  | 1.71%             |  |  |  | No            | 1                  | On Loan: No      |
| APPLIED SYSTEMS, INC.                                             | APPLIED SYSTEM INC                               | CUSIP: 03827FBC4<br>LEI: 549300NSKGF0SY5SWQ62 | Long             | LON              | CORP              | US        |   1933146 | PA      | $1961543.91   | 0.21%             | 2032-02-09      | Floating      | 8.17%                 | No            | 2                  | On Loan: No      |
| ADVANCED MICRO DEVICES, INC.                                      | ADVANCED MICRO DEVICES INC                       | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     74577 | NS      | $15971410.32  | 1.67%             |  |  |  | No            | 1                  | On Loan: No      |
| Willis Towers Watson Public Limited Company                       | WILLIS TOWERS WATSON PLC CALL OPTION             | CUSIP: N/A<br>LEI: 549300WHC56FF48KL350       | N/A              | DE               |  | IE        |       -10 | NC      | $-1429.74     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| SALESFORCE, INC.                                                  | SALESFORCE INC                                   | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     13800 | NS      | $3655758.00   | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| United States of America                                          | U S TREASURY NOTE                                | CUSIP: 91282CPN5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  32300000 | PA      | $31989617.03  | 3.35%             | 2030-11-30      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| SWISS FRANC                                                       | SWISS FRANC                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | CH        |        81 | NS      | $102.55       | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| VISA INC.                                                         | VISA INC CALL OPTION                             | CUSIP: N/A<br>LEI: 549300JZ4OKEHW3DPJ59       | N/A              | DE               |  | US        |       -36 | NC      | $-8.73        | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |

### Signature

**Date Signed:** 2026-01-30

**Name of Applicant:** Allianz Variable Insurance Products Trust

**Signature:** Monique Labbe

**Name of Signer:** Monique Labbe

**Title:** Treasurer - Principal Financial Officer