# EDGAR Filing Document

**Accession Number:** 0001282693
**File Stem:** 0000894189-26-014923
**Filing Date:** 2026-5
**Character Count:** 274184
**Document Hash:** ce392ce2123504a356c7e230d70cc582
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-014923.hdr.sgml**: 20260515

**ACCESSION NUMBER**: 0000894189-26-014923

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260515

**DATE AS OF CHANGE**: 20260515

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BAIRD FUNDS INC
- **CENTRAL INDEX KEY:** 0001282693

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09997
- **FILM NUMBER:** 26983232

**BUSINESS ADDRESS:**
- **STREET 1:** 777 EAST WISCONSIN AVENUE
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-765-3500

**MAIL ADDRESS:**
- **STREET 1:** 777 EAST WISCONSIN AVENUE
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

## Series and Classes Contracts Data

### Baird Short-Term Bond Fund (Series ID: S000000757)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000002171 | Institutional  | BSBIX           |
| C000118526 | Investor Class | BSBSX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Baird Short-Term Bond Fund** | **Baird Short-Term Bond Fund** | **Baird Short-Term Bond Fund** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **March 31, 2026 (Unaudited)** | **March 31, 2026 (Unaudited)** | **March 31, 2026 (Unaudited)** |
| **CORPORATE BONDS - 52.7%** | **Par**  | **Value**  |
| **Financials - 20.3%** | **Financials - 20.3%** | **Financials - 20.3%** |
| ABN AMRO Bank NV | ABN AMRO Bank NV | ABN AMRO Bank NV |
| &nbsp;&nbsp; 4.80%, 04/18/2026 <sup>(a)</sup> | $12400000 | $12393946 |
| &nbsp;&nbsp; 4.99% to 12/03/2027 then 1 yr. CMT Rate + 0.78%, 12/03/2028 (Callable 12/03/2027) <sup>(a)</sup> | 4150000 | 4180480 |
|  AEGON Funding Co. LLC, 5.50%, 04/16/2027 (Callable 03/16/2027) <sup>(a)</sup> | 50000000 | 50439721 |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust | AerCap Ireland Capital DAC / AerCap Global Aviation Trust | AerCap Ireland Capital DAC / AerCap Global Aviation Trust |
| &nbsp;&nbsp; 4.63%, 10/15/2027 (Callable 08/15/2027) | 7300000 | 7308816 |
| &nbsp;&nbsp; 5.75%, 06/06/2028 (Callable 05/06/2028) | 23000000 | 23564912 |
| &nbsp;&nbsp; 4.13%, 02/28/2029 (Callable 01/28/2029) | 12000000 | 11837671 |
|  AIB Group PLC, 6.61% to 09/13/2028 then SOFR + 2.33%, 09/13/2029 (Callable 09/13/2028) <sup>(a)</sup> | 37724000 | 39481593 |
|  Air Lease Corp., 5.85%, 12/15/2027 (Callable 11/15/2027) | 2668000 | 2723737 |
| Aircastle Ltd. | Aircastle Ltd. | Aircastle Ltd. |
| &nbsp;&nbsp; 2.85%, 01/26/2028 (Callable 11/26/2027) <sup>(a)</sup> | 23114000 | 22391735 |
| &nbsp;&nbsp; 6.50%, 07/18/2028 (Callable 06/18/2028) <sup>(a)</sup> | 22700000 | 23534397 |
|  Ally Financial, Inc., 5.74% (SOFR + 1.96%), 05/15/2029 (Callable 05/15/2028) | 20000000 | 20311915 |
|  American National Global Funding, 4.63%, 12/15/2028 <sup>(a)</sup> | 34950000 | 34681639 |
|  Athene Global Funding, 5.58%, 01/09/2029 <sup>(a)</sup> | 7062000 | 7126931 |
| Aviation Capital Group LLC | Aviation Capital Group LLC | Aviation Capital Group LLC |
| &nbsp;&nbsp; 4.75%, 04/14/2027 <sup>(a)</sup> | 20629000 | 20651998 |
| &nbsp;&nbsp; 3.50%, 11/01/2027 (Callable 07/01/2027) <sup>(a)</sup> | 20035000 | 19672042 |
| &nbsp;&nbsp; 6.25%, 04/15/2028 (Callable 03/15/2028) <sup>(a)</sup> | 5000000 | 5139419 |
|  Avolon Holdings Funding Ltd., 4.20%, 04/15/2029 (Callable 03/15/2029) <sup>(a)</sup> | 31575000 | 30983353 |
| Banco Santander SA | Banco Santander SA | Banco Santander SA |
| &nbsp;&nbsp; 4.18% to 03/24/2027 then 1 yr. CMT Rate + 2.00%, 03/24/2028 (Callable 03/24/2027) | 15000000 | 14933919 |
| &nbsp;&nbsp; 5.37% to 07/15/2027 then 1 yr. CMT Rate + 0.95%, 07/15/2028 (Callable 07/15/2027) | 5000000 | 5053936 |
| Bank of America Corp. | Bank of America Corp. | Bank of America Corp. |
| &nbsp;&nbsp; 4.38% to 04/27/2027 then SOFR + 1.58%, 04/27/2028 (Callable 04/27/2027) | 15069000 | 15057912 |
| &nbsp;&nbsp; 3.97% to 03/05/2028 then 3 mo. Term SOFR + 1.33%, 03/05/2029 (Callable 03/05/2028) | 25000000 | 24773217 |
|  Bank of Ireland Group PLC, 5.60% (SOFR + 1.62%), 03/20/2030 (Callable 03/20/2029) <sup>(a)</sup> | 23400000 | 23997424 |
| Bank of Montreal | Bank of Montreal | Bank of Montreal |
| &nbsp;&nbsp; 5.37%, 06/04/2027 | 9375000 | 9489087 |
| &nbsp;&nbsp; 4.34% (SOFR + 0.89%), 03/19/2030 (Callable 03/19/2029) | 21000000 | 20907956 |
|  Bank of New York Mellon, 4.73% to 04/20/2028 then SOFR + 1.14%, 04/20/2029 (Callable 04/20/2028) | 21700000 | 21854344 |
|  Bank of Nova Scotia, 4.40% to 09/08/2027 then SOFR + 1.00%, 09/08/2028 (Callable 09/08/2027) | 47225000 | 47174190 |
|  Banque Federative du Credit Mutuel SA, 5.19%, 02/16/2028 <sup>(a)</sup> | 28700000 | 29078305 |
| Barclays PLC | Barclays PLC | Barclays PLC |
| &nbsp;&nbsp; 5.50% to 08/09/2027 then 1 yr. CMT Rate + 2.65%, 08/09/2028 (Callable 08/09/2027) | 30000000 | 30343111 |
| &nbsp;&nbsp; 5.09% to 02/25/2028 then SOFR + 0.96%, 02/25/2029 (Callable 02/25/2028) | 23750000 | 23944343 |
| &nbsp;&nbsp; 4.22% to 05/24/2029 then SOFR + 0.93%, 05/24/2030 (Callable 05/24/2029) | 7600000 | 7482148 |
| BNP Paribas SA | BNP Paribas SA | BNP Paribas SA |
| &nbsp;&nbsp; 4.63%, 03/13/2027 <sup>(a)</sup> | 1300000 | 1299833 |
| &nbsp;&nbsp; 3.50%, 11/16/2027 <sup>(a)</sup> | 5000000 | 4922469 |
| &nbsp;&nbsp; 4.79% to 05/09/2028 then SOFR + 1.45%, 05/09/2029 (Callable 05/09/2028) <sup>(a)</sup> | 42000000 | 42149307 |
| BPCE SA | BPCE SA | BPCE SA |
| &nbsp;&nbsp; 3.50%, 10/23/2027 <sup>(a)</sup> | 30602000 | 30143730 |
| &nbsp;&nbsp; 6.71% to 10/19/2028 then SOFR + 2.27%, 10/19/2029 (Callable 10/19/2028) <sup>(a)</sup> | 3125000 | 3268958 |
|  Brighthouse Financial Global Funding, 5.55%, 04/09/2027 <sup>(a)</sup> | 30000000 | 30193015 |
|  Brown & Brown, Inc., 4.70%, 06/23/2028 (Callable 05/23/2028) | 13397000 | 13435769 |
|  Canadian Imperial Bank of Commerce, 5.24%, 06/28/2027 | 50000000 | 50548599 |
|  Cantor Fitzgerald LP, 4.50%, 04/14/2027 (Callable 01/14/2027) <sup>(a)</sup> | 15000000 | 14951355 |
|  Capital One Financial Corp., 6.31% to 06/08/2028 then SOFR + 2.64%, 06/08/2029 (Callable 06/08/2028) | 31000000 | 32054440 |
|  Capital One NA, 5.97% to 08/09/2028 then 5 yr. Mid Swap Rate USD + 1.73%, 08/09/2028 | 16000000 | 16389191 |
| Centene Corp. | Centene Corp. | Centene Corp. |
| &nbsp;&nbsp; 4.25%, 12/15/2027 (Callable 04/16/2026) | 22159000 | 21767111 |
| &nbsp;&nbsp; 2.45%, 07/15/2028 (Callable 05/15/2028) | 15000000 | 13969477 |
| Citigroup, Inc. | Citigroup, Inc. | Citigroup, Inc. |
| &nbsp;&nbsp; 3.07% to 02/24/2027 then SOFR + 1.28%, 02/24/2028 (Callable 02/24/2027) | 15000000 | 14819213 |
| &nbsp;&nbsp; 4.79% to 03/04/2028 then SOFR + 0.87%, 03/04/2029 (Callable 03/04/2028) | 45000000 | 45226904 |
|  Citizens Bank NA/Providence RI, 4.19% to 01/29/2028 then SOFR + 0.70%, 01/29/2029 (Callable 01/29/2028) | 22625000 | 22482990 |
| CNO Global Funding | CNO Global Funding | CNO Global Funding |
| &nbsp;&nbsp; 5.88%, 06/04/2027 <sup>(a)</sup> | 35000000 | 35478588 |
| &nbsp;&nbsp; 4.88%, 12/10/2027 <sup>(a)</sup> | 8500000 | 8519819 |
| &nbsp;&nbsp; 4.38%, 09/08/2028 <sup>(a)</sup> | 11000000 | 10906222 |
| Cooperatieve Rabobank UA | Cooperatieve Rabobank UA | Cooperatieve Rabobank UA |
| &nbsp;&nbsp; 4.66% to 08/22/2027 then 1 yr. CMT Rate + 1.75%, 08/22/2028 (Callable 08/22/2027) <sup>(a)</sup> | 2500000 | 2504980 |
| &nbsp;&nbsp; 5.45% to 03/05/2029 then 1 yr. CMT Rate + 1.12%, 03/05/2030 (Callable 03/05/2029) <sup>(a)</sup> | 9350000 | 9560261 |
|  Corebridge Global Funding, 4.65%, 08/20/2027 <sup>(a)</sup> | 14500000 | 14511020 |
| Credit Agricole SA | Credit Agricole SA | Credit Agricole SA |
| &nbsp;&nbsp; 5.23% to 01/09/2028 then SOFR + 1.13%, 01/09/2029 (Callable 01/09/2028) <sup>(a)</sup> | 8600000 | 8694112 |
| &nbsp;&nbsp; 6.32% to 10/03/2028 then SOFR + 1.86%, 10/03/2029 (Callable 10/03/2028) <sup>(a)</sup> | 1000000 | 1041022 |
| Danske Bank AS | Danske Bank AS | Danske Bank AS |
| &nbsp;&nbsp; 4.30% to 04/01/2027 then 1 yr. CMT Rate + 1.75%, 04/01/2028 (Callable 04/01/2027) <sup>(a)</sup> | 1392000 | 1389933 |
| &nbsp;&nbsp; 4.66% to 03/27/2028 then 1 yr. CMT Rate + 0.75%, 03/27/2029 (Callable 03/27/2028) <sup>(a)</sup> | 33500000 | 33572735 |
| Deutsche Bank AG/New York NY | Deutsche Bank AG/New York NY | Deutsche Bank AG/New York NY |
| &nbsp;&nbsp; 5.37% to 01/10/2028 then SOFR + 1.21%, 01/10/2029 (Callable 01/10/2028) | 24000000 | 24276392 |
| &nbsp;&nbsp; 6.72% to 01/18/2028 then SOFR + 3.18%, 01/18/2029 (Callable 01/18/2028) | 11500000 | 11914522 |
|  Digital Realty Trust LP, 5.55%, 01/15/2028 (Callable 12/15/2027) | 30129000 | 30662922 |
|  Equitable America Global Funding, 4.30%, 12/15/2028 <sup>(a)</sup> | 24300000 | 24101328 |
|  Extra Space Storage LP, 3.88%, 12/15/2027 (Callable 09/15/2027) | 34960000 | 34632690 |
| Federation des Caisses Desjardins du Quebec | Federation des Caisses Desjardins du Quebec | Federation des Caisses Desjardins du Quebec |
| &nbsp;&nbsp; 4.55%, 08/23/2027 <sup>(a)</sup> | 12700000 | 12747728 |
| &nbsp;&nbsp; 5.70%, 03/14/2028 <sup>(a)</sup> | 13000000 | 13321773 |
| Goldman Sachs Group, Inc. | Goldman Sachs Group, Inc. | Goldman Sachs Group, Inc. |
| &nbsp;&nbsp; 4.94% (SOFR + 1.32%), 04/23/2028 (Callable 04/23/2027) | 15000000 | 15073285 |
| &nbsp;&nbsp; 3.81% to 04/23/2028 then 3 mo. Term SOFR + 1.42%, 04/23/2029 (Callable 04/23/2028) | 35000000 | 34526222 |
| &nbsp;&nbsp; 4.22% to 05/01/2028 then 3 mo. Term SOFR + 1.56%, 05/01/2029 (Callable 05/01/2028) | 10000000 | 9943575 |
|  Host Hotels & Resorts LP, 4.25%, 12/15/2028 (Callable 11/15/2028) | 13975000 | 13809378 |
| HSBC Holdings PLC | HSBC Holdings PLC | HSBC Holdings PLC |
| &nbsp;&nbsp; 5.60% to 05/17/2027 then SOFR + 1.06%, 05/17/2028 (Callable 05/17/2027) | 7000000 | 7078637 |
| &nbsp;&nbsp; 5.13% to 11/19/2027 then SOFR + 1.04%, 11/19/2028 (Callable 11/19/2027) | 24300000 | 24477148 |
| &nbsp;&nbsp; 4.40% to 03/10/2029 then SOFR + 0.99%, 03/10/2030 (Callable 03/10/2029) | 19150000 | 19007976 |
| ING Groep NV | ING Groep NV | ING Groep NV |
| &nbsp;&nbsp; 4.02% to 03/28/2027 then SOFR + 1.83%, 03/28/2028 (Callable 03/28/2027) | 4988000 | 4964861 |
| &nbsp;&nbsp; 4.86% to 03/25/2028 then SOFR + 1.01%, 03/25/2029 (Callable 03/25/2028) | 10312000 | 10376595 |
|  Jefferies Financial Group, Inc., 6.45%, 06/08/2027 | 2380000 | 2423800 |
| JPMorgan Chase & Co. | JPMorgan Chase & Co. | JPMorgan Chase & Co. |
| &nbsp;&nbsp; 5.57% to 04/22/2027 then SOFR + 0.93%, 04/22/2028 (Callable 04/22/2027) | 27200000 | 27532089 |
| &nbsp;&nbsp; 4.51% to 10/22/2027 then SOFR + 0.86%, 10/22/2028 (Callable 10/22/2027) | 10000000 | 9997882 |
| &nbsp;&nbsp; 4.20% to 07/23/2028 then 3 mo. Term SOFR + 1.52%, 07/23/2029 (Callable 07/23/2028) | 8000000 | 7954008 |
| &nbsp;&nbsp; 6.09% to 10/23/2028 then SOFR + 1.57%, 10/23/2029 (Callable 10/23/2028) | 13000000 | 13508024 |
|  KBC Group NV, 5.80% to 01/19/2028 then 1 yr. CMT Rate + 2.10%, 01/19/2029 (Callable 01/19/2028) <sup>(a)</sup> | 41951000 | 42871934 |
|  Liberty Mutual Insurance Co., 7.88%, 10/15/2026 <sup>(a)</sup> | 14335000 | 14525661 |
|  Lincoln Financial Global Funding, 4.20%, 01/12/2029 <sup>(a)</sup> | 19000000 | 18787447 |
| Lloyds Banking Group PLC | Lloyds Banking Group PLC | Lloyds Banking Group PLC |
| &nbsp;&nbsp; 5.09% to 11/26/2027 then 1 yr. CMT Rate + 0.85%, 11/26/2028 (Callable 11/26/2027) | 28000000 | 28255328 |
| &nbsp;&nbsp; 4.82% to 06/13/2028 then 1 yr. CMT Rate + 0.83%, 06/13/2029 (Callable 06/13/2028) | 9930000 | 9989005 |
| LPL Holdings, Inc. | LPL Holdings, Inc. | LPL Holdings, Inc. |
| &nbsp;&nbsp; 5.70%, 05/20/2027 (Callable 04/20/2027) | 30000000 | 30277037 |
| &nbsp;&nbsp; 4.63%, 11/15/2027 (Callable 04/11/2026) <sup>(a)</sup> | 20927000 | 20773905 |
| &nbsp;&nbsp; 4.90%, 04/03/2028 (Callable 03/03/2028) | 3000000 | 3008907 |
|  Macquarie Airfinance Holdings Ltd., 5.20%, 03/27/2028 (Callable 02/27/2028) <sup>(a)</sup> | 20000000 | 20072092 |
| Macquarie Group Ltd. | Macquarie Group Ltd. | Macquarie Group Ltd. |
| &nbsp;&nbsp; 4.10% to 06/21/2027 then SOFR + 2.13%, 06/21/2028 (Callable 06/21/2027) <sup>(a)</sup> | 15318000 | 15222664 |
| &nbsp;&nbsp; 3.76% to 11/28/2027 then 3 mo. Term SOFR + 1.63%, 11/28/2028 (Callable 11/28/2027) <sup>(a)</sup> | 23300000 | 22973511 |
|  Manufacturers & Traders Trust Co., 4.76% to 07/06/2027 then SOFR + 0.95%, 07/06/2028 (Callable 07/06/2027) | 26500000 | 26573161 |
|  Marex Group PLC, 5.83%, 05/08/2028 (Callable 04/08/2028) | 25000000 | 25269819 |
| Morgan Stanley | Morgan Stanley | Morgan Stanley |
| &nbsp;&nbsp; 5.65% to 04/13/2027 then SOFR + 1.01%, 04/13/2028 (Callable 04/13/2027) | 25000000 | 25298775 |
| &nbsp;&nbsp; 5.16% to 04/20/2028 then SOFR + 1.59%, 04/20/2029 (Callable 04/20/2028) | 11000000 | 11126700 |
| &nbsp;&nbsp; 4.13% to 10/18/2028 then SOFR + 0.91%, 10/18/2029 (Callable 10/18/2028) | 14500000 | 14331775 |
| &nbsp;&nbsp; 4.24% (SOFR + 0.80%), 01/09/2030 (Callable 01/09/2029) | 5000000 | 4949543 |
|  Morgan Stanley Bank NA, 5.50% to 05/26/2027 then SOFR + 0.87%, 05/26/2028 (Callable 05/26/2027) | 19800000 | 20025183 |
|  Mutual of Omaha Cos. Global Funding, 5.35%, 04/09/2027 <sup>(a)</sup> | 23450000 | 23656175 |
|  National Bank of Canada, 4.17% to 01/20/2028 then SOFR + 0.76%, 01/20/2029 (Callable 01/20/2028) | 45000000 | 44755599 |
| Nationwide Building Society | Nationwide Building Society | Nationwide Building Society |
| &nbsp;&nbsp; 4.00%, 09/14/2026 <sup>(a)</sup> | 34021000 | 33928816 |
| &nbsp;&nbsp; 4.30% to 03/08/2028 then 3 mo. LIBOR USD + 1.45%, 03/08/2029 (Callable 03/08/2028) <sup>(a)(b)</sup> | 5655000 | 5615934 |
| &nbsp;&nbsp; 4.65% to 07/14/2028 then SOFR + 1.06%, 07/14/2029 (Callable 07/14/2028) <sup>(a)</sup> | 19000000 | 19017144 |
| NatWest Group PLC | NatWest Group PLC | NatWest Group PLC |
| &nbsp;&nbsp; 4.89% to 05/18/2028 then 3 mo. LIBOR USD + 1.75%, 05/18/2029 (Callable 05/18/2028) <sup>(b)</sup> | 24000000 | 24167726 |
| &nbsp;&nbsp; 5.81% to 09/13/2028 then 1 yr. CMT Rate + 1.95%, 09/13/2029 (Callable 09/13/2028) | 5085000 | 5231975 |
|  Nomura Holdings, Inc., 5.84%, 01/18/2028 | 31200000 | 31868204 |
|  Principal Financial Group, Inc., 4.11%, 02/15/2028 (Callable 11/15/2027) <sup>(a)</sup> | 4700000 | 4656880 |
|  Principal Life Global Funding II, 4.60%, 08/19/2027 <sup>(a)</sup> | 17750000 | 17800251 |
|  Sammons Financial Group Global Funding, 5.05%, 01/10/2028 <sup>(a)</sup> | 40000000 | 40349315 |
| Santander UK Group Holdings PLC | Santander UK Group Holdings PLC | Santander UK Group Holdings PLC |
| &nbsp;&nbsp; 2.47% to 01/11/2027 then SOFR + 1.22%, 01/11/2028 (Callable 01/11/2027) | 5000000 | 4917745 |
| &nbsp;&nbsp; 3.82% to 11/03/2027 then 3 mo. LIBOR USD + 1.40%, 11/03/2028 (Callable 11/03/2027) <sup>(b)</sup> | 2500000 | 2467824 |
| &nbsp;&nbsp; 4.32% to 09/22/2028 then SOFR + 1.07%, 09/22/2029 (Callable 09/22/2028) | 28000000 | 27737368 |
| SMBC Aviation Capital Finance DAC | SMBC Aviation Capital Finance DAC | SMBC Aviation Capital Finance DAC |
| &nbsp;&nbsp; 2.30%, 06/15/2028 (Callable 04/15/2028) <sup>(a)</sup> | 27410000 | 26080300 |
| &nbsp;&nbsp; 5.30%, 04/03/2029 (Callable 03/03/2029) <sup>(a)</sup> | 24162000 | 24529674 |
| Societe Generale SA | Societe Generale SA | Societe Generale SA |
| &nbsp;&nbsp; 6.45% to 01/10/2028 then 1 yr. CMT Rate + 2.55%, 01/10/2029 (Callable 01/10/2028) <sup>(a)</sup> | 2000000 | 2058616 |
| &nbsp;&nbsp; 5.50% to 04/13/2028 then 1 yr. CMT Rate + 1.20%, 04/13/2029 (Callable 04/13/2028) <sup>(a)</sup> | 5000000 | 5074695 |
| &nbsp;&nbsp; 5.25% to 05/22/2028 then SOFR + 1.42%, 05/22/2029 (Callable 05/22/2028) <sup>(a)</sup> | 10000000 | 10097041 |
| Standard Chartered PLC | Standard Chartered PLC | Standard Chartered PLC |
| &nbsp;&nbsp; 6.75% to 02/08/2027 then 1 yr. CMT Rate + 1.85%, 02/08/2028 (Callable 02/08/2027) <sup>(a)</sup> | 14675000 | 14934191 |
| &nbsp;&nbsp; 5.55% to 01/21/2028 then 1 yr. CMT Rate + 1.05%, 01/21/2029 (Callable 01/21/2028) <sup>(a)</sup> | 9585000 | 9726443 |
|  Store Capital LLC, 4.63%, 03/15/2029 (Callable 12/15/2028) | 6257000 | 6190278 |
|  Sumitomo Mitsui Financial Group, Inc., 4.11%, 01/15/2029 | 10000000 | 9912513 |
|  Sumitomo Mitsui Trust Bank Ltd., 4.45%, 09/10/2027 <sup>(a)</sup> | 18150000 | 18198835 |
|  Svenska Handelsbanken AB, 5.50%, 06/15/2028 <sup>(a)</sup> | 3555000 | 3631076 |
|  Synchrony Bank, 5.63%, 08/23/2027 (Callable 07/23/2027) | 10367000 | 10481257 |
|  Synchrony Financial, 3.95%, 12/01/2027 (Callable 09/01/2027) | 42500000 | 41974334 |
|  UBS AG/Stamford CT, 4.30% to 03/16/2028 then SOFR + 0.81%, 03/16/2029 (Callable 03/16/2028) | 20000000 | 19974134 |
| UBS Group AG | UBS Group AG | UBS Group AG |
| &nbsp;&nbsp; 3.87% to 01/12/2028 then 3 mo. LIBOR USD + 1.41%, 01/12/2029 (Callable 01/12/2028) <sup>(a)(b)</sup> | 10000000 | 9884832 |
| &nbsp;&nbsp; 4.15% to 12/23/2028 then SOFR + 0.84%, 12/23/2029 (Callable 12/23/2028) <sup>(a)</sup> | 4438000 | 4387242 |
| &nbsp;&nbsp; 4.21% to 04/10/2029 then SOFR + 0.84%, 04/10/2030 (Callable 04/10/2029) <sup>(a)</sup> | 27300000 | 26953825 |
| Wells Fargo & Co. | Wells Fargo & Co. | Wells Fargo & Co. |
| &nbsp;&nbsp; 5.71% to 04/22/2027 then SOFR + 1.07%, 04/22/2028 (Callable 04/22/2027) | 31500000 | 31906332 |
| &nbsp;&nbsp; 3.58% to 05/22/2027 then 3 mo. Term SOFR + 1.57%, 05/22/2028 (Callable 05/22/2027) | 21182000 | 20981831 |
| &nbsp;&nbsp; 4.97% (SOFR + 1.37%), 04/23/2029 (Callable 04/23/2028) | 3000000 | 3026012 |
| &nbsp;&nbsp; 4.18% (SOFR + 0.74%), 01/23/2030 (Callable 01/23/2029) | 8500000 | 8424688 |
|  Western-Southern Global Funding, 4.50%, 07/16/2028 <sup>(a)</sup> | 47323000 | 47307635 |
|  |  | 2442885272 |
| **Industrials - 29.5% <sup>(c)</sup>** | **Industrials - 29.5% <sup>(c)</sup>** | **Industrials - 29.5% <sup>(c)</sup>** |
|  180 Medical, Inc., 3.88%, 10/15/2029 (Callable 04/11/2026) <sup>(a)</sup> | 23570000 | 22898057 |
|  7-Eleven, Inc., 1.30%, 02/10/2028 (Callable 12/10/2027) <sup>(a)</sup> | 3000000 | 2829819 |
|  Advance Auto Parts, Inc., 1.75%, 10/01/2027 (Callable 08/01/2027) | 5000000 | 4705672 |
|  Adventist Health System/West, 2.95%, 03/01/2029 (Callable 12/01/2028) | 19750000 | 18789530 |
|  AGCO Corp., 5.45%, 03/21/2027 (Callable 02/21/2027) | 12000000 | 12081742 |
|  Aker BP ASA, 5.60%, 06/13/2028 (Callable 05/13/2028) <sup>(a)</sup> | 32255000 | 32907095 |
|  Allegion US Holding Co., Inc., 3.55%, 10/01/2027 (Callable 07/01/2027) | 3914000 | 3858256 |
| Amcor Flexibles North America, Inc. | Amcor Flexibles North America, Inc. | Amcor Flexibles North America, Inc. |
| &nbsp;&nbsp; 4.80%, 03/17/2028 | 17400000 | 17505094 |
| &nbsp;&nbsp; 4.25%, 03/08/2029 (Callable 02/08/2029) | 26100000 | 25860212 |
|  Amrize Finance US LLC, 4.70%, 04/07/2028 (Callable 03/07/2028) | 20000000 | 20118124 |
| Anglo American Capital PLC | Anglo American Capital PLC | Anglo American Capital PLC |
| &nbsp;&nbsp; 4.75%, 04/10/2027 <sup>(a)</sup> | 8390000 | 8398861 |
| &nbsp;&nbsp; 4.50%, 03/15/2028 (Callable 12/15/2027) <sup>(a)</sup> | 42000000 | 42001019 |
|  APA Corp., 4.38%, 10/15/2028 (Callable 04/06/2026) | 9783000 | 9829687 |
|  ArcelorMittal SA, 6.55%, 11/29/2027 (Callable 10/29/2027) | 46171000 | 47579798 |
| Ashtead Capital, Inc. | Ashtead Capital, Inc. | Ashtead Capital, Inc. |
| &nbsp;&nbsp; 1.50%, 08/12/2026 (Callable 07/12/2026) <sup>(a)</sup> | 13759000 | 13603050 |
| &nbsp;&nbsp; 4.38%, 08/15/2027 (Callable 04/16/2026) <sup>(a)</sup> | 21744000 | 21617326 |
|  AutoNation, Inc., 4.45%, 01/15/2029 (Callable 12/15/2028) | 27000000 | 26775531 |
| Baxter International, Inc. | Baxter International, Inc. | Baxter International, Inc. |
| &nbsp;&nbsp; 2.27%, 12/01/2028 (Callable 10/01/2028) | 48425000 | 45124427 |
| &nbsp;&nbsp; 4.45%, 02/15/2029 (Callable 01/15/2029) | 13950000 | 13774809 |
|  Bayport Polymers LLC, 4.74%, 04/14/2027 (Callable 03/14/2027) <sup>(a)</sup> | 2500000 | 2501194 |
|  Berry Global, Inc., 4.88%, 07/15/2026 (Callable 04/15/2026) <sup>(a)</sup> | 16369000 | 16370727 |
| BMW US Capital LLC | BMW US Capital LLC | BMW US Capital LLC |
| &nbsp;&nbsp; 4.60%, 08/13/2027 <sup>(a)</sup> | 25000000 | 25073276 |
| &nbsp;&nbsp; 4.40%, 03/19/2029 <sup>(a)</sup> | 35175000 | 35109486 |
|  Boeing Co., 6.26%, 05/01/2027 (Callable 04/01/2027) | 7000000 | 7120854 |
|  Boston Medical Center Corp., 3.91%, 07/01/2028 | 20555000 | 20222785 |
|  British Telecommunications PLC, 3.25%, 11/08/2029 (Callable 08/08/2029) <sup>(a)</sup> | 6530000 | 6270686 |
|  Broadcom, Inc., 5.05%, 07/12/2027 (Callable 06/12/2027) | 17877000 | 18060336 |
|  Brunswick Corp./DE, 5.85%, 03/18/2029 (Callable 02/18/2029) | 1000000 | 1023259 |
|  Campbell's Co., 5.20%, 03/19/2027 | 7000000 | 7037635 |
|  Canadian Natural Resources Ltd., 3.85%, 06/01/2027 (Callable 03/01/2027) | 6092000 | 6057447 |
|  Carnival Corp., 4.00%, 08/01/2028 (Callable 05/01/2028) <sup>(a)</sup> | 28754000 | 28077642 |
|  CCL Industries, Inc., 3.25%, 10/01/2026 (Callable 07/01/2026) <sup>(a)</sup> | 5780000 | 5742270 |
|  CDW LLC / CDW Finance Corp., 3.25%, 02/15/2029 (Callable 05/01/2026) | 5395000 | 5137883 |
|  Charles River Laboratories International, Inc., 4.25%, 05/01/2028 (Callable 04/16/2026) <sup>(a)</sup> | 9000000 | 8797252 |
| Charter Communications Operating LLC / Charter Communications Operating Capital | Charter Communications Operating LLC / Charter Communications Operating Capital | Charter Communications Operating LLC / Charter Communications Operating Capital |
| &nbsp;&nbsp; 4.20%, 03/15/2028 (Callable 12/15/2027) | 18375000 | 18214523 |
| &nbsp;&nbsp; 2.25%, 01/15/2029 (Callable 11/15/2028) | 10710000 | 10009830 |
|  Cheniere Energy, Inc., 4.63%, 10/15/2028 (Callable 04/11/2026) | 46750000 | 46631860 |
|  Columbia Pipelines Holding Co. LLC, 6.04%, 08/15/2028 (Callable 07/15/2028) <sup>(a)</sup> | 35761000 | 36923005 |
|  Conagra Brands, Inc., 7.00%, 10/01/2028 | 21120000 | 22220188 |
| Concentrix Corp. | Concentrix Corp. | Concentrix Corp. |
| &nbsp;&nbsp; 6.65%, 08/02/2026 (Callable 07/02/2026) | 11616000 | 11667153 |
| &nbsp;&nbsp; 6.60%, 08/02/2028 (Callable 07/02/2028) | 7500000 | 7454172 |
| &nbsp;&nbsp; 6.50%, 03/01/2029 (Callable 02/01/2029) | 40000000 | 38905905 |
|  ConocoPhillips Co., 4.40%, 07/15/2027 (Callable 04/15/2027) | 4700000 | 4698903 |
|  Crown Castle, Inc., 4.30%, 02/15/2029 (Callable 11/15/2028) | 22325000 | 22059193 |
|  CVS Health Corp., 4.30%, 03/25/2028 (Callable 12/25/2027) | 26434000 | 26340310 |
| CVS Pass-Through Trust | CVS Pass-Through Trust | CVS Pass-Through Trust |
| &nbsp;&nbsp; 5.88%, 01/10/2028 | 1987206 | 1994612 |
| &nbsp;&nbsp; 6.04%, 12/10/2028 | 16102141 | 16253297 |
| &nbsp;&nbsp; 6.94%, 01/10/2030 | 4903256 | 5048277 |
|  CVS Pass-Through Trust Series 2009, 8.35%, 07/10/2031 <sup>(a)</sup> | 2087925 | 2262117 |
| Daimler Truck Finance North America LLC | Daimler Truck Finance North America LLC | Daimler Truck Finance North America LLC |
| &nbsp;&nbsp; 4.30%, 08/12/2027 <sup>(a)</sup> | 22275000 | 22232121 |
| &nbsp;&nbsp; 5.13%, 09/25/2027 (Callable 08/25/2027) <sup>(a)</sup> | 20000000 | 20161852 |
| DCP Midstream Operating LP | DCP Midstream Operating LP | DCP Midstream Operating LP |
| &nbsp;&nbsp; 5.63%, 07/15/2027 (Callable 04/15/2027) | 22291000 | 22580637 |
| &nbsp;&nbsp; 5.13%, 05/15/2029 (Callable 02/15/2029) | 9221000 | 9382835 |
|  Discovery Global Holdings, Inc., 3.76%, 03/15/2027 (Callable 02/15/2027) | 14911000 | 14728191 |
| DXC Technology Co. | DXC Technology Co. | DXC Technology Co. |
| &nbsp;&nbsp; 1.80%, 09/15/2026 (Callable 08/15/2026) | 19654000 | 19410666 |
| &nbsp;&nbsp; 2.38%, 09/15/2028 (Callable 07/15/2028) | 5000000 | 4695191 |
|  Edwards Lifesciences Corp., 4.30%, 06/15/2028 (Callable 03/15/2028) | 15000000 | 14983856 |
|  Element Fleet Management Corp., 6.32%, 12/04/2028 (Callable 11/04/2028) <sup>(a)</sup> | 16000000 | 16671292 |
|  Enbridge, Inc., 4.60%, 06/20/2028 (Callable 05/20/2028) | 4000000 | 4010450 |
|  EQT Corp., 5.70%, 04/01/2028 (Callable 03/01/2028) | 10184000 | 10419319 |
|  Evernorth Health, Inc., 3.40%, 03/01/2027 (Callable 12/01/2026) | 5500000 | 5449148 |
|  Fedex Freight Holding Co., Inc., 4.30%, 03/15/2029 (Callable 02/15/2029) <sup>(a)</sup> | 17600000 | 17388955 |
| Ferguson Finance PLC | Ferguson Finance PLC | Ferguson Finance PLC |
| &nbsp;&nbsp; 4.25%, 04/20/2027 (Callable 03/20/2027) <sup>(a)</sup> | 3100000 | 3094857 |
| &nbsp;&nbsp; 4.50%, 10/24/2028 (Callable 07/24/2028) <sup>(a)</sup> | 39145000 | 38975138 |
| Fidelity National Information Services, Inc. | Fidelity National Information Services, Inc. | Fidelity National Information Services, Inc. |
| &nbsp;&nbsp; 4.55%, 03/10/2029 (Callable 02/10/2029) | 6000000 | 5971709 |
| &nbsp;&nbsp; 3.75%, 05/21/2029 (Callable 02/21/2029) | 54999000 | 53382152 |
|  Fiserv, Inc., 3.50%, 07/01/2029 (Callable 04/01/2029) | 5000000 | 4789018 |
|  Flex Ltd., 6.00%, 01/15/2028 (Callable 12/15/2027) | 19734000 | 20137191 |
|  FMC Corp., 3.20%, 10/01/2026 (Callable 08/01/2026) | 4550000 | 4505352 |
| Ford Motor Credit Co. LLC | Ford Motor Credit Co. LLC | Ford Motor Credit Co. LLC |
| &nbsp;&nbsp; 4.54%, 08/01/2026 (Callable 06/01/2026) | 26417000 | 26380010 |
| &nbsp;&nbsp; 5.80%, 03/05/2027 (Callable 02/05/2027) | 21000000 | 21115815 |
| &nbsp;&nbsp; 7.35%, 11/04/2027 (Callable 10/04/2027) | 5000000 | 5160237 |
| &nbsp;&nbsp; 5.92%, 03/20/2028 (Callable 02/20/2028) | 3550000 | 3594994 |
| &nbsp;&nbsp; 4.97%, 04/06/2029 (Callable 03/06/2029) | 2075000 | 2049400 |
|  Freeport-McMoRan, Inc., 4.13%, 03/01/2028 (Callable 05/01/2026) | 11640000 | 11544295 |
| Fresenius Medical Care US Finance III, Inc. | Fresenius Medical Care US Finance III, Inc. | Fresenius Medical Care US Finance III, Inc. |
| &nbsp;&nbsp; 1.88%, 12/01/2026 (Callable 11/01/2026) <sup>(a)</sup> | 25307000 | 24816800 |
| &nbsp;&nbsp; 3.75%, 06/15/2029 (Callable 03/15/2029) <sup>(a)</sup> | 11797000 | 11448233 |
|  Frontier Communications Holdings LLC, 8.75%, 05/15/2030 (Callable 04/11/2026) <sup>(a)</sup> | 11288000 | 11582459 |
|  Gartner, Inc., 3.63%, 06/15/2029 (Callable 05/01/2026) <sup>(a)</sup> | 23275000 | 21896167 |
|  GE HealthCare Technologies, Inc., 4.15%, 12/15/2028 (Callable 11/15/2028) | 18625000 | 18503368 |
| General Motors Financial Co., Inc. | General Motors Financial Co., Inc. | General Motors Financial Co., Inc. |
| &nbsp;&nbsp; 5.35%, 07/15/2027 | 30000000 | 30283967 |
| &nbsp;&nbsp; 5.05%, 04/04/2028 | 15000000 | 15130220 |
|  Genpact Luxembourg SARL/Genpact USA, Inc., 6.00%, 06/04/2029 (Callable 05/04/2029) | 7680000 | 7902298 |
|  GFL Environmental, Inc., 3.50%, 09/01/2028 (Callable 03/01/2028) <sup>(a)</sup> | 36715000 | 35698336 |
| Glencore Funding LLC | Glencore Funding LLC | Glencore Funding LLC |
| &nbsp;&nbsp; 5.34%, 04/04/2027 <sup>(a)</sup> | 29875000 | 30113667 |
| &nbsp;&nbsp; 3.88%, 10/27/2027 (Callable 07/27/2027) <sup>(a)</sup> | 12381000 | 12255624 |
| &nbsp;&nbsp; 4.91%, 04/01/2028 <sup>(a)</sup> | 10000000 | 10075331 |
| &nbsp;&nbsp; 5.37%, 04/04/2029 (Callable 03/04/2029) <sup>(a)</sup> | 3575000 | 3649344 |
| Global Payments, Inc. | Global Payments, Inc. | Global Payments, Inc. |
| &nbsp;&nbsp; 2.15%, 01/15/2027 (Callable 12/15/2026) | 10000000 | 9818404 |
| &nbsp;&nbsp; 4.55%, 03/15/2028 | 21800000 | 21703181 |
| &nbsp;&nbsp; 4.50%, 11/15/2028 (Callable 10/15/2028) | 20000000 | 19804167 |
| &nbsp;&nbsp; 3.20%, 08/15/2029 (Callable 05/15/2029) | 10000000 | 9431581 |
|  Gray Oak Pipeline LLC, 3.45%, 10/15/2027 (Callable 08/15/2027) <sup>(a)</sup> | 17173000 | 16845625 |
|  Helmerich & Payne, Inc., 4.65%, 12/01/2027 (Callable 11/01/2027) | 32200000 | 32231772 |
| Hess Midstream Operations LP | Hess Midstream Operations LP | Hess Midstream Operations LP |
| &nbsp;&nbsp; 5.88%, 03/01/2028 (Callable 04/11/2026) <sup>(a)</sup> | 20465000 | 20596303 |
| &nbsp;&nbsp; 5.13%, 06/15/2028 (Callable 05/01/2026) <sup>(a)</sup> | 3192000 | 3182620 |
| Hewlett Packard Enterprise Co. | Hewlett Packard Enterprise Co. | Hewlett Packard Enterprise Co. |
| &nbsp;&nbsp; 4.40%, 09/25/2027 (Callable 08/25/2027) | 17625000 | 17598949 |
| &nbsp;&nbsp; 4.15%, 09/15/2028 (Callable 08/15/2028) | 15000000 | 14879949 |
| &nbsp;&nbsp; 4.60%, 03/23/2029 (Callable 02/23/2029) | 27000000 | 26975190 |
|  Hexcel Corp., 4.20%, 02/15/2027 (Callable 11/15/2026) <sup>(d)</sup> | 40161000 | 40027822 |
|  Hubbell, Inc., 3.50%, 02/15/2028 (Callable 11/15/2027) | 17421000 | 17157833 |
| Hyatt Hotels Corp. | Hyatt Hotels Corp. | Hyatt Hotels Corp. |
| &nbsp;&nbsp; 5.05%, 03/30/2028 (Callable 02/29/2028) | 15000000 | 15124699 |
| &nbsp;&nbsp; 5.25%, 06/30/2029 (Callable 05/30/2029) | 10000000 | 10156080 |
| Hyundai Capital America | Hyundai Capital America | Hyundai Capital America |
| &nbsp;&nbsp; 5.28%, 06/24/2027 <sup>(a)</sup> | 5000000 | 5042250 |
| &nbsp;&nbsp; 4.90%, 06/23/2028 <sup>(a)</sup> | 20000000 | 20085839 |
| &nbsp;&nbsp; 4.25%, 09/18/2028 <sup>(a)</sup> | 15000000 | 14863926 |
| &nbsp;&nbsp; 4.25%, 01/08/2029 <sup>(a)</sup> | 8775000 | 8678832 |
| &nbsp;&nbsp; 4.75%, 04/06/2029 <sup>(a)</sup> | 11000000 | 10991457 |
| Icon Investments Six DAC | Icon Investments Six DAC | Icon Investments Six DAC |
| &nbsp;&nbsp; 5.81%, 05/08/2027 (Callable 04/08/2027) | 20000000 | 20101266 |
| &nbsp;&nbsp; 5.85%, 05/08/2029 (Callable 04/08/2029) | 4644000 | 4735094 |
|  International Flavors & Fragrances, Inc., 1.83%, 10/15/2027 (Callable 08/15/2027) <sup>(a)</sup> | 61480000 | 58968409 |
|  IQVIA, Inc., 5.70%, 05/15/2028 (Callable 04/15/2028) | 47000000 | 47909920 |
| Jabil, Inc. | Jabil, Inc. | Jabil, Inc. |
| &nbsp;&nbsp; 4.25%, 05/15/2027 (Callable 04/15/2027) | 8345000 | 8323564 |
| &nbsp;&nbsp; 4.20%, 02/01/2029 (Callable 01/01/2029) | 6700000 | 6618722 |
|  Jacobs Engineering Group, Inc., 6.35%, 08/18/2028 (Callable 07/18/2028) | 11762000 | 12206105 |
|  JBS NV/JBS USA Foods Group Holdings, Inc./JBS USA Food Co. Holdings, 3.00%, 02/02/2029 (Callable 12/02/2028) | 10000000 | 9592125 |
| Keurig Dr Pepper, Inc. | Keurig Dr Pepper, Inc. | Keurig Dr Pepper, Inc. |
| &nbsp;&nbsp; 4.35%, 05/15/2028 (Callable 04/15/2028) | 14000000 | 13949996 |
| &nbsp;&nbsp; 4.60%, 05/25/2028 (Callable 02/25/2028) | 5000000 | 4998469 |
| &nbsp;&nbsp; 5.05%, 03/15/2029 (Callable 02/15/2029) | 14758000 | 14918582 |
|  Kyndryl Holdings, Inc., 2.05%, 10/15/2026 (Callable 09/15/2026) | 59013000 | 58055234 |
|  Leidos, Inc., 4.10%, 03/15/2029 (Callable 02/15/2029) | 36075000 | 35718091 |
| LG Energy Solution Ltd. | LG Energy Solution Ltd. | LG Energy Solution Ltd. |
| &nbsp;&nbsp; 5.38%, 07/02/2027 <sup>(a)</sup> | 30000000 | 30198758 |
| &nbsp;&nbsp; 5.25%, 04/02/2028 <sup>(a)</sup> | 15000000 | 15106594 |
| &nbsp;&nbsp; 5.00%, 04/02/2029 <sup>(a)</sup> | 13700000 | 13718627 |
|  LKQ Corp., 5.75%, 06/15/2028 (Callable 05/15/2028) | 54425000 | 55391430 |
|  Louisiana-Pacific Corp., 3.63%, 03/15/2029 (Callable 05/01/2026) <sup>(a)</sup> | 20514000 | 19671772 |
|  LYB Finance Co. BV, 8.10%, 03/15/2027 <sup>(a)</sup> | 4747000 | 4907207 |
|  Maple Parent Holdings Corp., 4.75%, 03/26/2029 (Callable 02/26/2029) <sup>(a)</sup> | 15000000 | 14997584 |
|  Mars, Inc., 4.60%, 03/01/2028 (Callable 02/01/2028) <sup>(a)</sup> | 34850000 | 35060015 |
|  MasTec, Inc., 4.50%, 08/15/2028 (Callable 05/01/2026) <sup>(a)</sup> | 16311000 | 16133974 |
|  Medline Borrower LP, 3.88%, 04/01/2029 (Callable 05/01/2026) <sup>(a)</sup> | 32445000 | 31386054 |
|  Mercedes-Benz Finance North America LLC, 4.25%, 03/10/2029 <sup>(a)</sup> | 48500000 | 48149804 |
|  Metropolitan Detroit Area Hospital Services, Inc., 4.48%, 12/01/2029 <sup>(a)</sup> | 3495000 | 3435130 |
|  Microchip Technology, Inc., 4.90%, 03/15/2028 | 29796000 | 29976381 |
|  Molex Electronic Technologies LLC, 4.75%, 04/30/2028 (Callable 03/30/2028) <sup>(a)</sup> | 49094000 | 49303452 |
|  Mosaic Co., 4.35%, 01/15/2029 (Callable 12/15/2028) | 18325000 | 18228012 |
|  Mylan, Inc., 4.55%, 04/15/2028 (Callable 01/15/2028) | 4200000 | 4178391 |
|  NGPL PipeCo LLC, 4.88%, 08/15/2027 (Callable 02/15/2027) <sup>(a)</sup> | 6460000 | 6473175 |
| Nissan Motor Acceptance Co. LLC | Nissan Motor Acceptance Co. LLC | Nissan Motor Acceptance Co. LLC |
| &nbsp;&nbsp; 6.95%, 09/15/2026 <sup>(a)</sup> | 5000000 | 5024636 |
| &nbsp;&nbsp; 5.30%, 09/13/2027 <sup>(a)</sup> | 27225000 | 27042729 |
|  NTT Finance Corp., 4.62%, 07/16/2028 <sup>(a)</sup> | 17950000 | 18018239 |
|  nVent Finance Sarl, 4.55%, 04/15/2028 (Callable 01/15/2028) | 12092000 | 12063739 |
|  NXP BV / NXP Funding LLC / NXP USA, Inc., 4.30%, 08/19/2028 (Callable 07/19/2028) | 5000000 | 4975848 |
|  Occidental Petroleum Corp., 3.00%, 02/15/2027 (Callable 11/15/2026) | 5920000 | 5847276 |
| Oracle Corp. | Oracle Corp. | Oracle Corp. |
| &nbsp;&nbsp; 2.30%, 03/25/2028 (Callable 01/25/2028) | 10000000 | 9525587 |
| &nbsp;&nbsp; 4.55%, 02/04/2029 (Callable 01/04/2029) | 20000000 | 19747235 |
|  Owens Corning, 5.50%, 06/15/2027 (Callable 05/15/2027) | 15000000 | 15178307 |
|  PeaceHealth Obligated Group, 4.34%, 11/15/2028 (Callable 08/15/2028) | 15000000 | 14927959 |
|  Penske Truck Leasing Co. Lp / PTL Finance Corp., 4.20%, 04/01/2027 (Callable 01/01/2027) <sup>(a)</sup> | 1825000 | 1819838 |
|  POSCO, 4.50%, 08/04/2027 <sup>(a)</sup> | 9000000 | 8997043 |
|  PRA Health Sciences, Inc., 2.88%, 07/15/2026 (Callable 05/01/2026) <sup>(a)</sup> | 18956000 | 18803987 |
|  Premier Health Partners, 2.91%, 11/15/2026 (Callable 05/15/2026) | 1954000 | 1933487 |
|  Quanta Services, Inc., 4.75%, 08/09/2027 (Callable 07/09/2027) | 30400000 | 30547393 |
|  Reckitt Benckiser Treasury Services PLC, 3.00%, 06/26/2027 (Callable 03/26/2027) <sup>(a)</sup> | 38750000 | 38162706 |
|  Regal Rexnord Corp., 6.05%, 04/15/2028 (Callable 03/15/2028) | 25450000 | 26102806 |
|  Renesas Electronics Corp., 2.17%, 11/25/2026 (Callable 10/25/2026) <sup>(a)</sup> | 5919000 | 5827317 |
|  Repsol E&P Capital Markets US LLC, 4.81%, 09/16/2028 (Callable 08/16/2028) <sup>(a)</sup> | 23725000 | 23823892 |
|  Rolls-Royce PLC, 5.75%, 10/15/2027 (Callable 07/15/2027) <sup>(a)</sup> | 28020000 | 28459232 |
|  Royal Caribbean Cruises Ltd., 5.50%, 04/01/2028 (Callable 10/01/2027) <sup>(a)</sup> | 23000000 | 23259996 |
|  Sabal Trail Transmission LLC, 4.25%, 05/01/2028 (Callable 02/01/2028) <sup>(a)</sup> | 9041000 | 8927551 |
|  Salesforce, Inc., 4.50%, 03/15/2028 (Callable 02/15/2028) | 31575000 | 31583131 |
|  SBA Communications Corp., 3.13%, 02/01/2029 (Callable 05/01/2026) | 12564000 | 11905280 |
|  Schlumberger Holdings Corp., 5.00%, 05/29/2027 (Callable 04/29/2027) <sup>(a)</sup> | 27775000 | 27969147 |
|  Sealed Air Corp., 1.57%, 10/15/2026 (Callable 09/15/2026) <sup>(a)</sup> | 23240000 | 23193581 |
| SK hynix, Inc. | SK hynix, Inc. | SK hynix, Inc. |
| &nbsp;&nbsp; 6.38%, 01/17/2028 <sup>(a)</sup> | 16288000 | 16815219 |
| &nbsp;&nbsp; 4.25%, 09/11/2028 <sup>(a)</sup> | 22775000 | 22648668 |
| South Bow USA Infrastructure Holdings LLC | South Bow USA Infrastructure Holdings LLC | South Bow USA Infrastructure Holdings LLC |
| &nbsp;&nbsp; 4.91%, 09/01/2027 (Callable 08/01/2027) | 37280000 | 37429814 |
| &nbsp;&nbsp; 5.03%, 10/01/2029 (Callable 09/01/2029) | 8000000 | 8051544 |
|  Sprint Capital Corp., 6.88%, 11/15/2028 | 35118000 | 37130570 |
|  Steel Dynamics, Inc., 4.00%, 12/15/2028 (Callable 11/15/2028) | 41900000 | 41444689 |
| Stellantis Finance US, Inc. | Stellantis Finance US, Inc. | Stellantis Finance US, Inc. |
| &nbsp;&nbsp; 1.71%, 01/29/2027 (Callable 12/29/2026) <sup>(a)</sup> | 21379000 | 20850257 |
| &nbsp;&nbsp; 5.35%, 03/17/2028 (Callable 02/17/2028) <sup>(a)</sup> | 10000000 | 10071003 |
|  Stellantis Financial Services US Corp., 4.95%, 09/15/2028 (Callable 08/15/2028) <sup>(a)</sup> | 14750000 | 14668862 |
|  Syensqo Finance America LLC, 5.65%, 06/04/2029 (Callable 05/04/2029) <sup>(a)</sup> | 10000000 | 10234507 |
|  Synopsys, Inc., 4.65%, 04/01/2028 (Callable 03/01/2028) | 13000000 | 13047679 |
|  Targa Resources Corp., 4.35%, 01/15/2029 (Callable 12/15/2028) | 23200000 | 23102827 |
|  TD SYNNEX Corp., 4.30%, 01/17/2029 (Callable 12/17/2028) | 34100000 | 33721092 |
|  Texas Gas Transmission LLC, 7.25%, 07/15/2027 | 5100000 | 5256129 |
|  Triton Container International Ltd., 2.05%, 04/15/2026 (Callable 04/01/2026) <sup>(a)</sup> | 20788000 | 20765767 |
|  Tyson Foods, Inc., 4.35%, 03/01/2029 (Callable 12/01/2028) | 23895000 | 23817313 |
|  United Rentals North America, Inc., 3.88%, 11/15/2027 (Callable 04/11/2026) | 24150000 | 23798668 |
| Var Energi ASA | Var Energi ASA | Var Energi ASA |
| &nbsp;&nbsp; 5.00%, 05/18/2027 (Callable 04/18/2027) <sup>(a)</sup> | 6575000 | 6604257 |
| &nbsp;&nbsp; 7.50%, 01/15/2028 (Callable 12/15/2027) <sup>(a)</sup> | 15645000 | 16365819 |
| &nbsp;&nbsp; 5.88%, 05/22/2030 (Callable 04/22/2030) <sup>(a)</sup> | 11757000 | 12129078 |
|  VICI Properties LP, 4.75%, 02/15/2028 (Callable 01/15/2028) | 16819000 | 16834199 |
| VICI Properties LP / VICI Note Co., Inc. | VICI Properties LP / VICI Note Co., Inc. | VICI Properties LP / VICI Note Co., Inc. |
| &nbsp;&nbsp; 5.75%, 02/01/2027 (Callable 11/01/2026) <sup>(a)</sup> | 25144000 | 25288708 |
| &nbsp;&nbsp; 4.50%, 01/15/2028 (Callable 10/15/2027) <sup>(a)</sup> | 14575000 | 14488876 |
| Volkswagen Group of America Finance LLC | Volkswagen Group of America Finance LLC | Volkswagen Group of America Finance LLC |
| &nbsp;&nbsp; 4.85%, 08/15/2027 <sup>(a)</sup> | 12000000 | 12035923 |
| &nbsp;&nbsp; 5.05%, 03/27/2028 (Callable 02/27/2028) <sup>(a)</sup> | 8775000 | 8830048 |
|  Vontier Corp., 2.40%, 04/01/2028 (Callable 02/01/2028) | 6631000 | 6355823 |
|  Westinghouse Air Brake Technologies Corp., 4.70%, 09/15/2028 (Callable 06/15/2028) <sup>(d)</sup> | 53035000 | 53190536 |
|  Whistler Pipeline LLC, 5.40%, 09/30/2029 (Callable 08/30/2029) <sup>(a)</sup> | 11475000 | 11754332 |
|  Woodside Finance Ltd., 4.90%, 05/19/2028 (Callable 04/19/2028) | 38515000 | 38821160 |
|  XPO, Inc., 6.25%, 06/01/2028 (Callable 04/11/2026) <sup>(a)</sup> | 6490000 | 6570268 |
|  Yara International ASA, 4.75%, 06/01/2028 (Callable 03/01/2028) <sup>(a)</sup> | 4848000 | 4852120 |
|  |  | 3537966794 |
| **Utilities - 2.9%** | **Utilities - 2.9%** | **Utilities - 2.9%** |
| Alliant Energy Finance LLC | Alliant Energy Finance LLC | Alliant Energy Finance LLC |
| &nbsp;&nbsp; 5.40%, 06/06/2027 (Callable 05/06/2027) <sup>(a)</sup> | 25000000 | 25209610 |
| &nbsp;&nbsp; 4.25%, 06/15/2028 (Callable 03/15/2028) <sup>(a)</sup> | 20716000 | 20582440 |
| &nbsp;&nbsp; 5.95%, 03/30/2029 (Callable 02/28/2029) <sup>(a)</sup> | 15020000 | 15579728 |
|  Ausgrid Finance Pty Ltd., 4.35%, 08/01/2028 (Callable 05/01/2028) <sup>(a)</sup> | 34676000 | 34527725 |
|  Brooklyn Union Gas Co., 4.63%, 08/05/2027 (Callable 07/05/2027) <sup>(a)</sup> | 1000000 | 999776 |
|  Capital Power US Holdings, Inc., 5.26%, 06/01/2028 (Callable 05/01/2028) <sup>(a)</sup> | 8650000 | 8701505 |
|  Cleveland Electric Illuminating Co., 3.50%, 04/01/2028 (Callable 01/01/2028) <sup>(a)</sup> | 23394000 | 22912239 |
|  Constellation Energy Generation LLC, 5.60%, 03/01/2028 (Callable 02/01/2028) | 17324000 | 17707995 |
| DTE Energy Co. | DTE Energy Co. | DTE Energy Co. |
| &nbsp;&nbsp; 4.95%, 07/01/2027 (Callable 06/01/2027) | 23175000 | 23324891 |
| &nbsp;&nbsp; 4.88%, 06/01/2028 (Callable 05/01/2028) | 10367000 | 10460050 |
| &nbsp;&nbsp; 5.10%, 03/01/2029 (Callable 02/01/2029) | 10000000 | 10168477 |
|  Duquesne Light Holdings, Inc., 3.62%, 08/01/2027 (Callable 05/01/2027) <sup>(a)</sup> | 10100000 | 9974674 |
|  Emera US Finance LLC, 4.50%, 04/01/2029 (Callable 03/01/2029) | 18050000 | 18028505 |
| ENEL Finance International NV | ENEL Finance International NV | ENEL Finance International NV |
| &nbsp;&nbsp; 3.50%, 04/06/2028 <sup>(a)</sup> | 24042000 | 23578035 |
| &nbsp;&nbsp; 4.13%, 09/30/2028 <sup>(a)</sup> | 20000000 | 19835056 |
|  Essential Utilities, Inc., 4.80%, 08/15/2027 (Callable 07/15/2027) | 25400000 | 25496636 |
|  Evergy Kansas Central, Inc., 4.70%, 03/13/2028 | 9850000 | 9895443 |
|  Evergy, Inc., 4.25%, 03/15/2029 (Callable 02/15/2029) | 10800000 | 10717549 |
|  NextEra Energy Capital Holdings, Inc., 4.69%, 09/01/2027 | 17950000 | 18036598 |
|  Pennsylvania-American Water Co., 7.80%, 09/01/2026 <sup>(a)</sup> | 8000000 | 8106454 |
|  Pinnacle West Capital Corp., 4.90%, 05/15/2028 (Callable 04/15/2028) | 16175000 | 16296636 |
|  |  | 350140022 |
| **TOTAL CORPORATE BONDS** (Cost $6,315,082,229) | **TOTAL CORPORATE BONDS** (Cost $6,315,082,229) | 6330992088 |
| **U.S. TREASURY SECURITIES - 31.8%** | **Par**  | **Value**  |
| United States Treasury Note/Bond | United States Treasury Note/Bond | United States Treasury Note/Bond |
| &nbsp;&nbsp; 4.25%, 01/15/2028 | 776150000 | 781637621 |
| &nbsp;&nbsp; 3.75%, 04/15/2028 | 362650000 | 362154189 |
| &nbsp;&nbsp; 3.63%, 08/15/2028 | 1142925000 | 1138058642 |
| &nbsp;&nbsp; 3.50%, 10/15/2028 | 1394050000 | 1383213436 |
| &nbsp;&nbsp; 3.50%, 03/15/2029 | 148750000 | 147436817 |
| **TOTAL U.S. TREASURY SECURITIES** (Cost $3,823,324,090) | **TOTAL U.S. TREASURY SECURITIES** (Cost $3,823,324,090) | 3812500705 |
| **NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES - 5.3%** | **Par**  | **Value**  |
|  BANK-2017, Series 2017-BNK7, Class A5, 3.44%, 09/15/2060 (Callable 09/15/2027) | 18036000 | 17757535 |
| BBCMS Trust | BBCMS Trust | BBCMS Trust |
| &nbsp;&nbsp; Series 2017-C1, Class A4, 3.67%, 02/15/2050 (Callable 02/15/2027) | 6699000 | 6640131 |
| &nbsp;&nbsp; Series 2021-C9, Class ASB, 1.96%, 02/15/2054 (Callable 02/15/2031) | 13039685 | 12443234 |
| &nbsp;&nbsp; Series 2023-C19, Class A2B, 5.75%, 04/15/2056 (Callable 04/15/2033) | 14695000 | 14868952 |
| Benchmark Mortgage Trust | Benchmark Mortgage Trust | Benchmark Mortgage Trust |
| &nbsp;&nbsp; Series 2018-B1, Class A5, 3.67%, 01/15/2051 (Callable 01/15/2028) <sup>(e)</sup> | 13730000 | 13549418 |
| &nbsp;&nbsp; Series 2018-B2, Class A5, 3.88%, 02/15/2051 (Callable 02/15/2028) <sup>(e)</sup> | 14970000 | 14755685 |
| &nbsp;&nbsp; Series 2018-B3, Class A5, 4.03%, 04/10/2051 (Callable 04/10/2028) | 33748596 | 33292433 |
| &nbsp;&nbsp; Series 2018-B5, Class A4, 4.21%, 07/15/2051 (Callable 08/15/2028) | 6869000 | 6797119 |
| &nbsp;&nbsp; Series 2018-B6, Class A4, 4.26%, 10/10/2051 (Callable 10/10/2028) | 2235000 | 2217982 |
| &nbsp;&nbsp; Series 2019-B9, Class A5, 4.02%, 03/15/2052 (Callable 02/15/2029) | 17135000 | 16758083 |
| &nbsp;&nbsp; Series 2023-V3, Class A2, 5.90%, 07/15/2056 (Callable 07/15/2028) | 4800000 | 4913285 |
|  CCUBS Commercial Mortgage Trust, Series 2017-C1, Class A4, 3.54%, 11/15/2050 (Callable 12/15/2027) <sup>(e)</sup> | 2200000 | 2155590 |
| CFCRE Commercial Mortgage Trust | CFCRE Commercial Mortgage Trust | CFCRE Commercial Mortgage Trust |
| &nbsp;&nbsp; Series 2016-C7, Class A3, 3.84%, 12/10/2054 (Callable 12/10/2026) | 2750000 | 2733476 |
| &nbsp;&nbsp; Series 2017-C8, Class A4, 3.57%, 06/15/2050 (Callable 05/15/2027) | 40867000 | 40406960 |
| Citigroup Commercial Mortgage Trust | Citigroup Commercial Mortgage Trust | Citigroup Commercial Mortgage Trust |
| &nbsp;&nbsp; Series 2015-GC31, Class A4, 3.76%, 06/10/2048 (Callable 04/10/2026) | 6912586 | 6780849 |
| &nbsp;&nbsp; Series 2016-P6, Class A5, 3.72%, 12/10/2049 (Callable 01/10/2027) <sup>(e)</sup> | 6467000 | 6405885 |
| &nbsp;&nbsp; Series 2017-P7, Class A3, 3.44%, 04/14/2050 (Callable 04/14/2027) | 8175442 | 8117176 |
| &nbsp;&nbsp; Series 2017-P8, Class A4, 3.47%, 09/15/2050 (Callable 09/15/2027) | 39700000 | 38893856 |
| &nbsp;&nbsp; Series 2018-C5, Class A4, 4.23%, 06/10/2051 (Callable 06/10/2028) <sup>(e)</sup> | 1135000 | 1126607 |
| &nbsp;&nbsp; Series 2018-C6, Class A4, 4.41%, 11/10/2051 (Callable 11/10/2028) | 17364000 | 17241035 |
|  Citigroup/Deutsche Bank Commercial Mortgage Trust, Series 2018-CD7, Class A4, 4.28%, 08/15/2051 (Callable 08/15/2028) | 2500000 | 2483509 |
| Commercial Mortgage Pass Through Certificates | Commercial Mortgage Pass Through Certificates | Commercial Mortgage Pass Through Certificates |
| &nbsp;&nbsp; Series 2017-COR2, Class A3, 3.51%, 09/10/2050 (Callable 09/10/2027) | 22289000 | 22010345 |
| &nbsp;&nbsp; Series 2018-COR3, Class A3, 4.23%, 05/10/2051 (Callable 05/10/2028) | 3050000 | 2991411 |
| Computershare Corporate Trust | Computershare Corporate Trust | Computershare Corporate Trust |
| &nbsp;&nbsp; Series 2016-BNK1, Class A3, 2.65%, 08/15/2049 (Callable 08/15/2026) | 14925000 | 14839099 |
| &nbsp;&nbsp; Series 2017-C38, Class A5, 3.45%, 07/15/2050 (Callable 06/15/2027) | 38228000 | 37711135 |
| &nbsp;&nbsp; Series 2017-C39, Class A5, 3.42%, 09/15/2050 (Callable 08/15/2027) | 11754000 | 11565901 |
| &nbsp;&nbsp; Series 2017-C40, Class A4, 3.58%, 10/15/2050 (Callable 10/15/2027) | 6600000 | 6506554 |
| &nbsp;&nbsp; Series 2017-C41, Class A4, 3.47%, 11/15/2050 (Callable 11/15/2027) | 2000000 | 1969690 |
| &nbsp;&nbsp; Series 2019-C51, Class A4, 3.31%, 06/15/2052 (Callable 06/15/2029) | 2969000 | 2831963 |
| CSAIL Commercial Mortgage Trust | CSAIL Commercial Mortgage Trust | CSAIL Commercial Mortgage Trust |
| &nbsp;&nbsp; Series 2017-C8, Class A4, 3.39%, 06/15/2050 (Callable 06/15/2027) | 5330000 | 5260430 |
| &nbsp;&nbsp; Series 2017-CX9, Class A5, 3.45%, 09/15/2050 (Callable 09/15/2027) | 1700000 | 1672427 |
| &nbsp;&nbsp; Series 2018-CX12, Class A4, 4.22%, 08/15/2051 (Callable 08/15/2028) <sup>(e)</sup> | 1000000 | 990434 |
| &nbsp;&nbsp; Series 2019-C17, Class A5, 3.02%, 09/15/2052 (Callable 09/15/2029) | 4666000 | 4414341 |
| GS Mortgage Securities Corp. II | GS Mortgage Securities Corp. II | GS Mortgage Securities Corp. II |
| &nbsp;&nbsp; Series 2014-GC22, Class A5, 3.86%, 06/10/2047 (Callable 04/10/2028) | 3236483 | 3148653 |
| &nbsp;&nbsp; Series 2016-GS2, Class A4, 3.05%, 05/10/2049 (Callable 05/10/2026) | 2659184 | 2655430 |
| &nbsp;&nbsp; Series 2016-GS3, Class A4, 2.85%, 10/10/2049 (Callable 10/10/2026) | 3309000 | 3283697 |
| &nbsp;&nbsp; Series 2017-GS5, Class A4, 3.67%, 03/10/2050 (Callable 03/10/2027) | 29428254 | 29130119 |
| &nbsp;&nbsp; Series 2017-GS6, Class A3, 3.43%, 05/10/2050 (Callable 05/10/2027) | 16878197 | 16677301 |
| JP Morgan Chase Commercial Mortgage Securities | JP Morgan Chase Commercial Mortgage Securities | JP Morgan Chase Commercial Mortgage Securities |
| &nbsp;&nbsp; Series 2016-JP2, Class A4, 2.82%, 08/15/2049 (Callable 07/15/2026) | 1677847 | 1672443 |
| &nbsp;&nbsp; Series 2016-JP4, Class A4, 3.65%, 12/15/2049 (Callable 04/15/2027) <sup>(e)</sup> | 8950000 | 8879683 |
| &nbsp;&nbsp; Series 2017-JP5, Class A5, 3.72%, 03/15/2050 (Callable 04/15/2027) | 11138000 | 11072988 |
| &nbsp;&nbsp; Series 2017-JP6, Class A5, 3.49%, 07/15/2050 (Callable 04/15/2028) | 3300000 | 3254142 |
| &nbsp;&nbsp; Series 2017-JP7, Class A5, 3.45%, 09/15/2050 (Callable 04/15/2028) | 22400000 | 22134181 |
| JPMBB Commercial Mortgage Securities Trust | JPMBB Commercial Mortgage Securities Trust | JPMBB Commercial Mortgage Securities Trust |
| &nbsp;&nbsp; Series 2014-C24, Class A5, 3.64%, 11/15/2047 (Callable 08/15/2027) | 675724 | 662881 |
| &nbsp;&nbsp; Series 2014-C25, Class A5, 3.67%, 11/15/2047 (Callable 12/15/2027) | 525484 | 519567 |
| &nbsp;&nbsp; Series 2015-C27, Class A4, 3.18%, 02/15/2048 (Callable 09/15/2026) | 303426 | 298055 |
| JPMDB Commercial Mortgage Securities Trust | JPMDB Commercial Mortgage Securities Trust | JPMDB Commercial Mortgage Securities Trust |
| &nbsp;&nbsp; Series 2016-C4, Class A3, 3.14%, 12/15/2049 (Callable 04/15/2027) | 15165000 | 14999234 |
| &nbsp;&nbsp; Series 2017-C5, Class A5, 3.69%, 03/15/2050 (Callable 08/15/2027) | 13410000 | 13232103 |
|  Ladder Capital Commercial Mortgage Securities LLC, Series 2017-LC26, Class A4, 3.55%, 07/12/2050 (Callable 07/10/2027) <sup>(a)</sup> | 46315000 | 45698121 |
| Morgan Stanley Bank of America Merrill Lynch Trust | Morgan Stanley Bank of America Merrill Lynch Trust | Morgan Stanley Bank of America Merrill Lynch Trust |
| &nbsp;&nbsp; Series 2016-C28, Class A4, 3.54%, 01/15/2049 (Callable 02/15/2028) | 6599961 | 6583366 |
| &nbsp;&nbsp; Series 2016-C31, Class A5, 3.10%, 11/15/2049 (Callable 11/15/2026) | 2800000 | 2777243 |
| &nbsp;&nbsp; Series 2017-C34, Class A4, 3.54%, 11/15/2052 (Callable 10/15/2027) | 8030000 | 7926445 |
| Morgan Stanley Capital I, Inc. | Morgan Stanley Capital I, Inc. | Morgan Stanley Capital I, Inc. |
| &nbsp;&nbsp; Series 2017-H1, Class A5, 3.53%, 06/15/2050 (Callable 06/15/2027) | 7752450 | 7666046 |
| &nbsp;&nbsp; Series 2019-L2, Class A4, 4.07%, 03/15/2052 (Callable 03/15/2029) | 3000000 | 2957339 |
| UBS Commercial Mortgage Trust | UBS Commercial Mortgage Trust | UBS Commercial Mortgage Trust |
| &nbsp;&nbsp; Series 2017-C3, Class A4, 3.43%, 08/15/2050 (Callable 08/15/2027) | 6845000 | 6723050 |
| &nbsp;&nbsp; Series 2017-C6, Class A5, 3.58%, 12/15/2050 (Callable 12/15/2027) | 2675000 | 2623084 |
| &nbsp;&nbsp; Series 2018-C10, Class A4, 4.31%, 05/15/2051 (Callable 06/15/2028) | 10500000 | 10411534 |
| &nbsp;&nbsp; Series 2018-C11, Class A5, 4.24%, 06/15/2051 (Callable 07/15/2028) <sup>(e)</sup> | 12825000 | 12722595 |
| &nbsp;&nbsp; Series 2018-C8, Class A4, 3.98%, 02/15/2051 (Callable 02/15/2028) | 6893000 | 6780188 |
| &nbsp;&nbsp; Series 2018-C9, Class A4, 4.12%, 03/15/2051 (Callable 04/15/2028) <sup>(e)</sup> | 10000000 | 9847059 |
| &nbsp;&nbsp; Series 2019-C16, Class A4, 3.60%, 04/15/2052 (Callable 04/15/2029) | 3650000 | 3527887 |
| **TOTAL NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES** (Cost $644,174,848) | **TOTAL NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES** (Cost $644,174,848) | 640966964 |
| **ASSET-BACKED SECURITIES - 4.1%** | **Par**  | **Value**  |
|  Ally Bank Auto Credit-Linked Notes, Series 2025-B, Class A2, 4.31%, 09/15/2033 (Callable 10/15/2028) <sup>(a)</sup> | 14301289 | 14306047 |
|  Chase Auto Credit Linked Notes, Series 2025-1, Class B, 4.75%, 02/25/2033 (Callable 04/25/2029) <sup>(a)</sup> | 11318792 | 11359356 |
| DLLAD LLC | DLLAD LLC | DLLAD LLC |
| &nbsp;&nbsp; Series 2024-1A, Class A3, 5.30%, 07/20/2029 (Callable 01/20/2029) <sup>(a)</sup> | 41447000 | 42081147 |
| &nbsp;&nbsp; Series 2025-1A, Class A3, 4.42%, 09/20/2030 (Callable 05/20/2030) <sup>(a)</sup> | 8650000 | 8693611 |
|  Ford Credit Auto Owner Trust, Series 2023-1, Class A, 4.85%, 08/15/2035 (Callable 02/15/2028) <sup>(a)</sup> | 8670000 | 8760030 |
|  Ford Credit Floorplan LLC, Series 2024-3, Class A1, 4.30%, 09/15/2029 <sup>(a)</sup> | 33350000 | 33388162 |
|  General Motors Co., Series 2024-4A, Class A1, 4.73%, 11/15/2029 <sup>(a)</sup> | 51373000 | 51751378 |
|  GM Financial Revolving Receivables Trust, Series 2023-2, Class A, 5.77%, 08/11/2036 (Callable 11/11/2028) <sup>(a)</sup> | 46450000 | 48051081 |
|  GreatAmerica Leasing Receivables, Series 2024-2, Class A3, 5.00%, 09/15/2028 (Callable 09/15/2028) <sup>(a)</sup> | 10375000 | 10474982 |
|  Hyundai Auto Lease Securitization Trust, Series 2026-A, Class A3, 3.97%, 12/15/2028 (Callable 07/15/2028) <sup>(a)</sup> | 35825000 | 35696739 |
| Navient Student Loan Trust | Navient Student Loan Trust | Navient Student Loan Trust |
| &nbsp;&nbsp; Series 2019-BA, Class A2A, 3.39%, 12/15/2059 (Callable 12/15/2029) <sup>(a)</sup> | 1682265 | 1657137 |
| &nbsp;&nbsp; Series 2019-EA, Class A2A, 2.64%, 05/15/2068 (Callable 03/15/2027) <sup>(a)</sup> | 702373 | 693139 |
| &nbsp;&nbsp; Series 2019-FA, Class A2, 2.60%, 08/15/2068 (Callable 07/15/2027) <sup>(a)</sup> | 4172827 | 4035514 |
| &nbsp;&nbsp; Series 2021-A, Class A, 0.84%, 05/15/2069 (Callable 03/15/2029) <sup>(a)</sup> | 5014136 | 4590447 |
| &nbsp;&nbsp; Series 2021-GA, Class A, 1.58%, 04/15/2070 (Callable 09/15/2030) <sup>(a)</sup> | 15414091 | 13917471 |
| Nelnet Student Loan Trust | Nelnet Student Loan Trust | Nelnet Student Loan Trust |
| &nbsp;&nbsp; Series 2021-A, Class APT1, 1.36%, 04/20/2062 (Callable 01/20/2029) <sup>(a)</sup> | 3700891 | 3528265 |
| &nbsp;&nbsp; Series 2021-BA, Class AFX, 1.42%, 04/20/2062 (Callable 07/20/2029) <sup>(a)</sup> | 5110284 | 4840880 |
| &nbsp;&nbsp; Series 2021-DA, Class AFX, 1.63%, 04/20/2062 (Callable 04/20/2032) <sup>(a)</sup> | 5157190 | 4920205 |
|  Santander Holdings USA, Inc., Series 2023-B, Class B, 5.64%, 12/15/2033 (Callable 02/15/2028) <sup>(a)</sup> | 1371003 | 1386500 |
|  SFS Auto Receivables Securitization Trust, Series 2025-3A, Class A3, 4.12%, 04/21/2031 (Callable 05/20/2029) <sup>(a)</sup> | 43700000 | 43609288 |
|  Stellantis Financial Underwritten Enhanced Lease Trust, Series 2025-BA, Class A3, 4.27%, 01/22/2029 (Callable 03/20/2028) <sup>(a)</sup> | 25425000 | 25467241 |
|  Synchrony Card Funding LLC, Series 2025-A1, Class A, 4.78%, 02/15/2031 | 30940000 | 31244323 |
| Towd Point Mortgage Trust | Towd Point Mortgage Trust | Towd Point Mortgage Trust |
| &nbsp;&nbsp; Series 2020-MH1, Class A1, 2.25%, 02/25/2060 (Callable 04/25/2026) <sup>(a)(e)</sup> | 3061553 | 3014461 |
| &nbsp;&nbsp; Series 2020-MH1, Class A1A, 2.18%, 02/25/2060 (Callable 04/25/2026) <sup>(a)(e)</sup> | 1968729 | 1937896 |
|  Toyota Lease Owner Trust, Series 2026-A, Class A3, 3.82%, 02/20/2029 (Callable 08/20/2028) <sup>(a)</sup> | 9375000 | 9314143 |
| Verizon Master Trust | Verizon Master Trust | Verizon Master Trust |
| &nbsp;&nbsp; Series 2024-8, Class A1A, 4.62%, 11/20/2030 (Callable 11/20/2027) | 22000000 | 22163383 |
| &nbsp;&nbsp; Series 2025-5, Class A1A, 4.40%, 06/20/2031 (Callable 06/20/2028) | 21900000 | 21992736 |
|  Volkswagen Auto Lease Trust, Series 2025-B, Class A3, 4.01%, 01/22/2029 (Callable 01/20/2028) | 28300000 | 28260057 |
| **TOTAL ASSET-BACKED SECURITIES** (Cost $493,145,698) | **TOTAL ASSET-BACKED SECURITIES** (Cost $493,145,698) | 491135619 |
| **NON-AGENCY RESIDENTIAL MORTGAGE-BACKED SECURITIES - 3.3%** | **Par**  | **Value**  |
| Arroyo Mortgage Trust | Arroyo Mortgage Trust | Arroyo Mortgage Trust |
| &nbsp;&nbsp; Series 2019-2, Class A1, 3.35%, 04/25/2049 (Callable 04/25/2026) <sup>(a)(e)</sup> | 2033553 | 1978644 |
| &nbsp;&nbsp; Series 2019-3, Class A1, 2.96%, 10/25/2048 (Callable 04/25/2026) <sup>(a)(e)</sup> | 3040093 | 2912934 |
| &nbsp;&nbsp; Series 2020-1, Class A1A, 1.66%, 03/25/2055 (Callable 04/25/2026) <sup>(a)</sup> | 1213891 | 1182838 |
| &nbsp;&nbsp; Series 2022-1, Class A1A, 3.50%, 12/25/2056 (Callable 04/25/2026) <sup>(a)(d)</sup> | 7025497 | 6837056 |
|  CIM Trust, Series 2023-R4, Class A1, 5.00%, 05/25/2062 (Callable 04/25/2028) <sup>(a)(e)</sup> | 21140732 | 21006511 |
|  Citigroup Mortgage Loan Trust, Inc., Series 2018-RP2, Class A1, 3.21%, 02/25/2058 (Callable 08/25/2047) <sup>(a)(e)</sup> | 1731762 | 1712931 |
|  COLT Funding LLC, Series 2020-RPL1, Class A1, 1.39%, 01/25/2065 (Callable 04/25/2026) <sup>(a)(e)</sup> | 13892408 | 11875371 |
| Countrywide Alternative Loan Trust | Countrywide Alternative Loan Trust | Countrywide Alternative Loan Trust |
| &nbsp;&nbsp; Series 2004-J2, Class 3A3, 5.50%, 04/25/2034 (Callable 04/25/2026) | 12123 | 12277 |
| &nbsp;&nbsp; Series 2006-28CB, Class A17, 6.00%, 10/25/2036 (Callable 04/25/2026) | 384397 | 170182 |
|  Credit Suisse Mortgage Capital Certificates, Series 2019-RPL1, Class A1A, 3.65%, 07/25/2058 (Callable 10/25/2038) <sup>(a)(e)</sup> | 9941317 | 9790310 |
| FirstKey Homes Trust | FirstKey Homes Trust | FirstKey Homes Trust |
| &nbsp;&nbsp; Series 2022-SFR1, Class A, 4.15%, 05/19/2039 <sup>(a)</sup> | 3029439 | 3016423 |
| &nbsp;&nbsp; Series 2022-SFR2, Class A, 4.25%, 07/17/2039 <sup>(a)</sup> | 23680471 | 23566954 |
| &nbsp;&nbsp; Series 2022-SFR3, Class A, 4.25%, 07/17/2038 <sup>(a)</sup> | 6307519 | 6291140 |
| GCAT | GCAT | GCAT |
| &nbsp;&nbsp; Series 2022-HX1, Class A1, 2.89%, 12/27/2066 (Callable 01/25/2041) <sup>(a)(e)</sup> | 19629951 | 18147929 |
| &nbsp;&nbsp; Series 2025-NQM3, Class A1A, 5.55%, 05/25/2070 (Callable 06/25/2028) <sup>(a)(d)</sup> | 23735398 | 23829417 |
|  Home Partners of America Trust, Series 2019-2, Class A, 2.70%, 10/19/2039 (Callable 04/17/2026) <sup>(a)</sup> | 3832835 | 3792324 |
| MASTR Alternative Loans Trust | MASTR Alternative Loans Trust | MASTR Alternative Loans Trust |
| &nbsp;&nbsp; Series 2003-5, Class 4A1, 5.50%, 07/25/2033 (Callable 04/25/2026) | 774720 | 768524 |
| &nbsp;&nbsp; Series 2003-5, Class 7A1, 5.00%, 10/01/2031 | 2026 | 1998 |
|  MFRA Trust, Series 2022-NQM1, Class A1, 5.11%, 12/25/2066 (Callable 04/25/2026) <sup>(a)(e)</sup> | 13330644 | 13145277 |
|  New Residential Mortgage Loan Trust, Series 2019-RPL3, Class A1, 2.75%, 07/25/2059 (Callable 09/25/2043) <sup>(a)(e)</sup> | 23592981 | 22860131 |
| Onslow Bay Mortgage Loan Trust | Onslow Bay Mortgage Loan Trust | Onslow Bay Mortgage Loan Trust |
| &nbsp;&nbsp; Series 2023-NQM9, Class A1, 7.16%, 10/25/2063 (Callable 10/25/2026) <sup>(a)(d)</sup> | 5208080 | 5246430 |
| &nbsp;&nbsp; Series 2025-NQM14, Class A1, 5.16%, 07/25/2065 (Callable 07/25/2028) <sup>(a)(d)</sup> | 27156470 | 27125392 |
| &nbsp;&nbsp; Series 2026-NQM3, Class A1, 4.65%, 01/25/2066 (Callable 02/25/2029) <sup>(a)(e)</sup> | 35933863 | 35580985 |
|  Renaissance NIM Trust, Series 2007-2, Class AF2, Pool 2007-2, 5.68%, 06/25/2037 (Callable 04/25/2033) <sup>(d)</sup> | 1914212 | 440753 |
| Rithm Capital Corp. | Rithm Capital Corp. | Rithm Capital Corp. |
| &nbsp;&nbsp; Series 2020-RPL1, Class A1, 2.75%, 11/25/2059 (Callable 04/25/2042) <sup>(a)(e)</sup> | 32624299 | 31311986 |
| &nbsp;&nbsp; Series 2024-NQM2, Class A1, 5.12%, 09/25/2064 (Callable 08/25/2030) <sup>(a)(e)</sup> | 20954443 | 20882603 |
|  Structured Asset Securities Corp., Series 2004-4XS, Class 1A6, 5.05%, 02/25/2034 (Callable 04/25/2026) <sup>(d)</sup> | 2111 | 2100 |
|  Thornburg Mortgage Securities Trust, Series 2003-5, Class 3A, 4.77%, 10/25/2043 (Callable 04/25/2026) <sup>(e)</sup> | 805191 | 764164 |
| Towd Point Mortgage Trust | Towd Point Mortgage Trust | Towd Point Mortgage Trust |
| &nbsp;&nbsp; Series 2017-4, Class A1, 2.75%, 06/25/2057 (Callable 08/25/2030) <sup>(a)(e)</sup> | 4159671 | 4092384 |
| &nbsp;&nbsp; Series 2017-6, Class A1, 2.75%, 10/25/2057 (Callable 12/25/2030) <sup>(a)(e)</sup> | 8372823 | 8269265 |
| &nbsp;&nbsp; Series 2018-3, Class A1, 3.75%, 05/25/2058 (Callable 01/25/2030) <sup>(a)(e)</sup> | 1790144 | 1755889 |
| &nbsp;&nbsp; Series 2018-6, Class A1A, 3.75%, 03/25/2058 (Callable 03/25/2032) <sup>(a)(e)</sup> | 287001 | 285770 |
| &nbsp;&nbsp; Series 2019-4, Class A1, 2.90%, 10/25/2059 (Callable 03/25/2033) <sup>(a)(e)</sup> | 3993176 | 3838049 |
| &nbsp;&nbsp; Series 2020-1, Class A1, 2.71%, 01/25/2060 (Callable 08/25/2030) <sup>(a)(e)</sup> | 2082383 | 2009885 |
| &nbsp;&nbsp; Series 2020-4, Class A1, 1.75%, 10/25/2060 (Callable 08/25/2031) <sup>(a)</sup> | 20816185 | 18971730 |
| Verus Securitization Trust | Verus Securitization Trust | Verus Securitization Trust |
| &nbsp;&nbsp; Series 2025-6, Class A1, 5.42%, 07/25/2070 (Callable 07/25/2028) <sup>(a)(d)</sup> | 18871780 | 18935957 |
| &nbsp;&nbsp; Series 2026-3, Class A1, 4.93%, 03/25/2071 (Callable 03/25/2029) <sup>(a)(e)</sup> | 36350000 | 36086083 |
|  WaMu Mortgage Pass Through Certificates, Series 2004-AR3, Class A1, 5.30%, 06/25/2034 (Callable 04/25/2026) <sup>(e)</sup> | 925191 | 885126 |
| **TOTAL NON-AGENCY RESIDENTIAL MORTGAGE-BACKED SECURITIES** (Cost $398,408,070) | **TOTAL NON-AGENCY RESIDENTIAL MORTGAGE-BACKED SECURITIES** (Cost $398,408,070) | 389383722 |
| **MUNICIPAL BONDS - 0.7%** | **Par**  | **Value**  |
|  Alaska Industrial Development & Export Authority, 5.25%, 03/01/2030 (Callable 05/02/2026) | 2295000 | 2296853 |
|  Arlington Higher Education Finance Corp., 3.00%, 08/15/2044 (Callable 05/02/2026) <sup>(f)</sup> | 22010000 | 21902314 |
| California Municipal Finance Authority | California Municipal Finance Authority | California Municipal Finance Authority |
| &nbsp;&nbsp; 5.50%, 04/01/2029 (Callable 04/22/2026) | 10050000 | 10050733 |
| &nbsp;&nbsp; 5.75%, 04/01/2030 (Callable 04/22/2026) | 5000000 | 5000608 |
|  Central Plains Energy Project, 5.72%, 08/01/2028 | 1320000 | 1347948 |
|  City of Brockton MA, 5.41%, 08/01/2027 | 8950000 | 9064829 |
| General Authority of Southcentral Pennsylvania | General Authority of Southcentral Pennsylvania | General Authority of Southcentral Pennsylvania |
| &nbsp;&nbsp; 5.10%, 05/01/2050 <sup>(f)</sup> | 4750000 | 4752432 |
| &nbsp;&nbsp; 5.50%, 05/01/2050 <sup>(f)</sup> | 6855000 | 6846425 |
|  Homewood Educational Building Authority, 2.79%, 12/01/2027 | 2000000 | 1942393 |
|  Massachusetts Educational Financing Authority, 2.00%, 07/01/2037 (Callable 07/01/2031) <sup>(g)</sup> | 700000 | 570569 |
|  Minnesota Housing Finance Agency, 4.34%, 01/01/2047 (Callable 01/01/2032) | 1275000 | 1258433 |
|  Mississippi Hospital Equipment & Facilities Authority, 3.72%, 09/01/2026 | 8000000 | 7974795 |
|  New Jersey Economic Development Authority, 6.31%, 07/01/2026 | 560000 | 561764 |
| Tennergy Corp./TN | Tennergy Corp./TN | Tennergy Corp./TN |
| &nbsp;&nbsp; 5.97%, 06/01/2026 | 2055000 | 2060316 |
| &nbsp;&nbsp; 5.95%, 06/01/2027 | 800000 | 814692 |
|  Utah Housing Corp., 3.88%, 01/01/2050 (Callable 07/01/2029) | 1940000 | 1907055 |
|  Westvaco Corp., 7.67%, 01/15/2027 <sup>(a)</sup> | 3900000 | 3985914 |
| **TOTAL MUNICIPAL BONDS** (Cost $82,487,438) | **TOTAL MUNICIPAL BONDS** (Cost $82,487,438) | 82338073 |
| **OTHER GOVERNMENT RELATED SECURITIES - 0.4%** | **Par**  | **Value**  |
|  Electricite de France SA, 4.50%, 09/21/2028 (Callable 06/21/2028) <sup>(a)</sup> | 21750000 | 21733653 |
|  Korea National Oil Corp., 4.13%, 09/30/2027 <sup>(a)</sup> | 20000000 | 19953955 |
| **TOTAL OTHER GOVERNMENT RELATED SECURITIES** (Cost $41,717,978) | **TOTAL OTHER GOVERNMENT RELATED SECURITIES** (Cost $41,717,978) | 41687608 |
| **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** |
| **MONEY MARKET FUNDS - 3.8%** | **Shares**  | **Value**  |
| First American Government Obligations Fund - Class U, 3.60% <sup>(h)</sup> | 461837654 | 461837654 |
| **TOTAL MONEY MARKET FUNDS** (Cost $461,837,654) | **TOTAL MONEY MARKET FUNDS** (Cost $461,837,654) | 461837654 |
| **TOTAL INVESTMENTS - 102.1% (**Cost $12,260,178,005**)** | **TOTAL INVESTMENTS - 102.1% (**Cost $12,260,178,005**)** | 12250842433 |
| Liabilities in Excess of Other Assets - (2.1)% | Liabilities in Excess of Other Assets - (2.1)% | (246616315) |
| **TOTAL NET ASSETS - 100.0%** |  | $12004226118 |
| Par amount is in USD unless otherwise indicated. | Par amount is in USD unless otherwise indicated. |  |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. |  |

---

---

| |
|:---|
| CMT - Constant Maturity Treasury |
| LIBOR - London Interbank Offered Rate |
| LLC - Limited Liability Company |
| LP - Limited Partnership |
| PLC - Public Limited Company |
| SOFR - Secured Overnight Financing Rate |

---

(a) Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration to qualified institutional
 investors. As of March 31, 2026, the value of these securities total $3,718,883,979 or 31.0% of the Fund's net assets.

(b) Securities referencing LIBOR are expected to transition to an alternative reference rate by the security's next scheduled coupon reset date.

(c) To the extent that the Fund invests more heavily in a particular industry or sector of the economy, its performance will be especially sensitive to developments that significantly affect those industries or sectors.

(d) Step coupon bond. The rate disclosed is as of March 31, 2026.

(e) Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral increases or decreases, the
 coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of March 31, 2026.

(f) Coupon rate may be variable or floating based on components other than reference rate and spread. These securities may not indicate a reference rate and/or spread in their description. The rate disclosed is as of
 March 31, 2026.

(g) Security subject to the Alternative Minimum Tax ("AMT"). As of March 31, 2026, the total value of securities subject to the AMT was $570,569 or 0.0% of net assets.

(h) The rate shown represents the 7-day annualized yield as of March 31, 2026.

------

#### Summary of Fair Value Disclosure as of March 31, 2026 (Unaudited)
Baird Short-Term Bond Fund (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of March 31, 2026:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds | $– | $6330992088 | $– | $6330992088 |
|  &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Securities | – | 3812500705 | – | 3812500705 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Non-Agency Commercial Mortgage-Backed Securities | – | 640966964 | – | 640966964 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Asset-Backed Securities | – | 491135619 | – | 491135619 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Non-Agency Residential Mortgage-Backed Securities | – | 389383722 | – | 389383722 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Municipal Bonds | – | 82338073 | – | 82338073 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Other Government Related Securities | – | 41687608 | – | 41687608 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 461837654 | – | – | 461837654 |
| Total Investments | $461837654 | $11789004779 | $– | $12250842433 |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Baird Funds Inc

- **b. Investment Company Act file number:** 811-09997

- **c. CIK number of Registrant:** 0001282693

- **d. LEI of Registrant:** 5493007JR2NWYBC7PO06

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

  - **Street Address 1:** 777 East Wisconsin Avenue

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 4147653614

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

- **a. Name of Series:** Baird Short-Term Bond Fund

- **b. EDGAR series identifier (if any):** S000000757

- **c. LEI of Series:** 5493001CJOVRFMYFIJ62

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

- **a. Date of fiscal year-end:** 2026-12-31

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $12026354319.85

**Total Liabilities:** $16844015.89

**Net Assets:** $12009510303.96

**Delayed Delivery Securities:** $13689040.00

**Cash Not Reported:** $26147255.60

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 72594.631873000000 | **1-Year:** 1413235.901655000000 | **5-Year:** 644699.822098000000 | **10-Year:** 5907.095593000000 | **30-Year:** 2148.489741000000

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

- **3-Month:** 12657.031903000000 | **1-Year:** 5127.662273000000 | **5-Year:** 645.783609000000 | **10-Year:** 118.017869000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000002171 | 0.30%                | 0.56%                | -0.59%               |
| Class ID C000118526 | 0.28%                | 0.44%                | -0.51%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $7770910.86              | $-13186592.17                              |
| Month 2  | $6445668.96              | $13320791.45                               |
| Month 3  | $-7897857.89             | $-95067558.23                              |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                           | Title                                                                           | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |    Balance | Units   | Value (USD)    | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CIM Trust                      | CIM Trust 2023-R4                                                               | CUSIP: 12569UAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   21140732 | PA      | $21006511.27   | 0.17%             | 2062-05-25      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY INC            | Cheniere Energy Inc                                                             | CUSIP: 16411RAK5<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | DBT              | CORP              | US        |   46750000 | PA      | $46631860.41   | 0.39%             | 2028-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage  | Citigroup Commercial Mortgage Trust 2016-P6                                     | CUSIP: 17291EAW1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6467000 | PA      | $6405884.91    | 0.05%             | 2049-12-10      | Variable      | 3.72%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage  | Citigroup Commercial Mortgage Trust 2015-GC31                                   | CUSIP: 17323YAD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6912586 | PA      | $6780848.68    | 0.06%             | 2048-06-10      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTL NV           | ENEL Finance International NV                                                   | CUSIP: 29278GBF4<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |   20000000 | PA      | $19835055.80   | 0.17%             | 2028-09-30      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| FRESENIUS MED CARE III         | Fresenius Medical Care US Finance III Inc                                       | CUSIP: 35805BAA6<br>LEI: 5299006ZHLMXOOUVTU44 | Long             | DBT              | CORP              | US        |   11797000 | PA      | $11448232.78   | 0.10%             | 2029-06-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| FRESENIUS MED CARE III         | Fresenius Medical Care US Finance III Inc                                       | CUSIP: 35805BAC2<br>LEI: 5299006ZHLMXOOUVTU44 | Long             | DBT              | CORP              | US        |   25307000 | PA      | $24816799.61   | 0.21%             | 2026-12-01      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor | JPMCC Commercial Mortgage Securities Trust 2017-JP6                             | CUSIP: 48128KAU5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3300000 | PA      | $3254141.88    | 0.03%             | 2050-07-15      | Fixed         | 3.49%                 | No            |                  2 | On Loan: No      |
| Ladder Capital Commercial Mort | LCCM 2017-LC26                                                                  | CUSIP: 50190DAJ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   46315000 | PA      | $45698121.25   | 0.38%             | 2050-07-12      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| LGENERGYSOLUTION               | LG Energy Solution Ltd                                                          | CUSIP: 50205MAC3<br>LEI: 988400QX6P286XA6ZS85 | Long             | DBT              | CORP              | KR        |   30000000 | PA      | $30198758.40   | 0.25%             | 2027-07-02      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| LGENERGYSOLUTION               | LG Energy Solution Ltd                                                          | CUSIP: 50205MAF6<br>LEI: 988400QX6P286XA6ZS85 | Long             | DBT              | CORP              | KR        |   15000000 | PA      | $15106594.05   | 0.13%             | 2028-04-02      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LEIDOS INC                     | Leidos Inc                                                                      | CUSIP: 52532XAM7<br>LEI: 5493006I78VIN6J1BQ95 | Long             | DBT              | CORP              | US        |   36075000 | PA      | $35718090.91   | 0.30%             | 2029-03-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage S | BBCMS Mortgage Trust 2021-C9                                                    | CUSIP: 05493EAW2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   13039685 | PA      | $12443234.38   | 0.10%             | 2054-02-15      | Fixed         | 1.96%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage S | BBCMS Mortgage Trust 2023-C19                                                   | CUSIP: 05553RAZ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   14695000 | PA      | $14868952.06   | 0.12%             | 2056-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC             | BMW US Capital LLC                                                              | CUSIP: 05565ECQ6<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |   25000000 | PA      | $25073275.75   | 0.21%             | 2027-08-13      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC             | BMW US Capital LLC                                                              | CUSIP: 05565EDG7<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |   35175000 | PA      | $35109485.86   | 0.29%             | 2029-03-19      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| BPCE SA                        | BPCE SA                                                                         | CUSIP: 05571AAR6<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    3125000 | PA      | $3268957.81    | 0.03%             | 2029-10-19      | Variable      | 6.71%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                    | BNP Paribas SA                                                                  | CUSIP: 05581KAC5<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    1300000 | PA      | $1299832.52    | 0.01%             | 2027-03-13      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| BPCE SA                        | BPCE SA                                                                         | CUSIP: 05583JAC6<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |   30602000 | PA      | $30143730.15   | 0.25%             | 2027-10-23      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL               | Bank of Montreal                                                                | CUSIP: 06368L3K0<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    9375000 | PA      | $9489087.19    | 0.08%             | 2027-06-04      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL               | Bank of Montreal                                                                | CUSIP: 06368MK78<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |   21000000 | PA      | $20907955.95   | 0.17%             | 2030-03-19      | Variable      | 4.34%                 | No            |                  2 | On Loan: No      |
| BANK OF NEW YORK MELLON        | Bank of New York Mellon/The                                                     | CUSIP: 06405LAH4<br>LEI: HPFHU0OQ28E4N0NFVK49 | Long             | DBT              | CORP              | US        |   21700000 | PA      | $21854344.07   | 0.18%             | 2029-04-20      | Variable      | 4.73%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA            | Bank of Nova Scotia/The                                                         | CUSIP: 06418GAL1<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |   47225000 | PA      | $47174190.15   | 0.39%             | 2028-09-08      | Variable      | 4.40%                 | No            |                  2 | On Loan: No      |
| BANQUE FED CRED MUTUEL         | Banque Federative du Credit Mutuel SA                                           | CUSIP: 06675DCM2<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |   28700000 | PA      | $29078305.03   | 0.24%             | 2028-02-16      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                   | Barclays PLC                                                                    | CUSIP: 06738EBY0<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   30000000 | PA      | $30343110.90   | 0.25%             | 2028-08-09      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                   | Barclays PLC                                                                    | CUSIP: 06738ECX1<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   23750000 | PA      | $23944342.69   | 0.20%             | 2029-02-25      | Variable      | 5.09%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                   | Barclays PLC                                                                    | CUSIP: 06738EDG7<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    7600000 | PA      | $7482147.94    | 0.06%             | 2030-05-24      | Variable      | 4.22%                 | No            |                  2 | On Loan: No      |
| BAXTER INTERNATIONAL INC       | Baxter International Inc                                                        | CUSIP: 071813CP2<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |   48425000 | PA      | $45124426.57   | 0.38%             | 2028-12-01      | Fixed         | 2.27%                 | No            |                  2 | On Loan: No      |
| BAXTER INTERNATIONAL INC       | Baxter International Inc                                                        | CUSIP: 071813DC0<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |   13950000 | PA      | $13774808.65   | 0.11%             | 2029-02-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| BAYPORT POLYMERS LLC           | Bayport Polymers LLC                                                            | CUSIP: 073096AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2500000 | PA      | $2501193.70    | 0.02%             | 2027-04-14      | Fixed         | 4.74%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage S | BBCMS MORTGAGE TRUST 2017-C1                                                    | CUSIP: 07332VBD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6699000 | PA      | $6640130.53    | 0.06%             | 2050-02-15      | Fixed         | 3.67%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust       | Benchmark 2019-B9 Mortgage Trust                                                | CUSIP: 08160JAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   17135000 | PA      | $16758083.12   | 0.14%             | 2052-03-15      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust       | Benchmark 2023-V3 Mortgage Trust                                                | CUSIP: 08163VAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4800000 | PA      | $4913284.80    | 0.04%             | 2056-07-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC               | Berry Global Inc                                                                | CUSIP: 085770AA3<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |   16369000 | PA      | $16370727.26   | 0.14%             | 2026-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                    | BNP Paribas SA                                                                  | CUSIP: 09659W2C7<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    5000000 | PA      | $4922469.10    | 0.04%             | 2027-11-16      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                    | BNP Paribas SA                                                                  | CUSIP: 09659W3C6<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   42000000 | PA      | $42149306.64   | 0.35%             | 2029-05-09      | Variable      | 4.79%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                  | Boeing Co/The                                                                   | CUSIP: 097023DP7<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    7000000 | PA      | $7120854.44    | 0.06%             | 2027-05-01      | Fixed         | 6.26%                 | No            |                  2 | On Loan: No      |
| BOSTON MEDICAL CTR CORP        | Boston Medical Center Corp                                                      | CUSIP: 10103DAB2<br>LEI: 54930000C3BLYBHD3L38 | Long             | DBT              | CORP              | US        |   20555000 | PA      | $20222784.95   | 0.17%             | 2028-07-01      | Fixed         | 3.91%                 | No            |                  2 | On Loan: No      |
| BRIGHTHSE FIN GLBL FUND        | Brighthouse Financial Global Funding                                            | CUSIP: 10921U2J6<br>LEI: 549300BLFX3KJ2IFOA78 | Long             | DBT              | CORP              | US        |   30000000 | PA      | $30193015.20   | 0.25%             | 2027-04-09      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trus | CSAIL 2017-CX9 Commercial Mortgage Trust                                        | CUSIP: 12595FAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1700000 | PA      | $1672427.02    | 0.01%             | 2050-09-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trus | CSAIL 2018-CX12 Commercial Mortgage Trust                                       | CUSIP: 12595XAT0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1000000 | PA      | $990434.20     | 0.01%             | 2051-08-15      | Variable      | 4.22%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trus | CSAIL 2019-C17 Commercial Mortgage Trust                                        | CUSIP: 12597BAU3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4666000 | PA      | $4414341.16    | 0.04%             | 2052-09-15      | Fixed         | 3.02%                 | No            |                  2 | On Loan: No      |
| CVS PASS-THROUGH TRUST         | CVS Pass-Through Trust                                                          | CUSIP: 126650BC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1987206 | PA      | $1994612.45    | 0.02%             | 2028-01-10      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                | CVS Health Corp                                                                 | CUSIP: 126650CX6<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   26434000 | PA      | $26340309.71   | 0.22%             | 2028-03-25      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| CVS PASS THRU TR 2009          | CVS Pass-Through Trust Series 2009                                              | CUSIP: 126659AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2087925 | PA      | $2262116.67    | 0.02%             | 2031-07-10      | Fixed         | 8.35%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTL NV           | ENEL Finance International NV                                                   | CUSIP: 29278GAF5<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |   24042000 | PA      | $23578034.84   | 0.20%             | 2028-04-06      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HEXCEL CORP                    | Hexcel Corp                                                                     | CUSIP: 428291AN8<br>LEI: S6Q7LW43WUBUHXY2QP69 | Long             | DBT              | CORP              | US        |   40161000 | PA      | $40027822.51   | 0.33%             | 2027-02-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Home Partners of America Trust | Home Partners of America 2019-2 Trust                                           | CUSIP: 43732TAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3832835 | PA      | $3792324.02    | 0.03%             | 2039-10-19      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| HOMEWOOD AL EDUCTNL BLDG AUTH  | Homewood Educational Building Authority                                         | CUSIP: 437887GX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    2000000 | PA      | $1942393.40    | 0.02%             | 2027-12-01      | Fixed         | 2.79%                 | No            |                  2 | On Loan: No      |
| PRA HEALTH SCIENCES INC        | PRA Health Sciences Inc                                                         | CUSIP: 45569KAA1<br>LEI: 549300R1HR1VWWHIAK47 | Long             | DBT              | CORP              | US        |   18956000 | PA      | $18803987.10   | 0.16%             | 2026-07-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| PINNACLE WEST CAPITAL          | Pinnacle West Capital Corp                                                      | CUSIP: 723484AM3<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | DBT              | CORP              | US        |   16175000 | PA      | $16296635.84   | 0.14%             | 2028-05-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| POSCO                          | POSCO                                                                           | CUSIP: 73730EAB9<br>LEI: 9884000N94NH7G6LQ816 | Long             | DBT              | CORP              | KR        |    9000000 | PA      | $8997042.51    | 0.07%             | 2027-08-04      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PREMIER HEALTH PARTNERS        | Premier Health Partners                                                         | CUSIP: 74052BAA5<br>LEI: 549300KETC002I82TF46 | Long             | DBT              | CORP              | US        |    1954000 | PA      | $1933486.89    | 0.02%             | 2026-11-15      | Fixed         | 2.91%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL FINANCIAL GRP        | Principal Financial Group Inc                                                   | CUSIP: 74251VAP7<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | DBT              | CORP              | US        |    4700000 | PA      | $4656879.66    | 0.04%             | 2028-02-15      | Fixed         | 4.11%                 | No            |                  2 | On Loan: No      |
| SK HYNIX INC                   | SK hynix Inc                                                                    | CUSIP: 78392BAE7<br>LEI: 988400XAIK6XISWQV045 | Long             | DBT              | CORP              | KR        |   16288000 | PA      | $16815218.94   | 0.14%             | 2028-01-17      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SK HYNIX INC                   | SK hynix Inc                                                                    | CUSIP: 78392BAJ6<br>LEI: 988400XAIK6XISWQV045 | Long             | DBT              | CORP              | KR        |   22775000 | PA      | $22648668.44   | 0.19%             | 2028-09-11      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SMBC AVIATION CAPITAL FI       | SMBC Aviation Capital Finance DAC                                               | CUSIP: 78448TAF9<br>LEI: 549300OD7VKRVNWB2J98 | Long             | DBT              | CORP              | IE        |   27410000 | PA      | $26080300.06   | 0.22%             | 2028-06-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| SMBC AVIATION CAPITAL FI       | SMBC Aviation Capital Finance DAC                                               | CUSIP: 78448TAL6<br>LEI: 549300OD7VKRVNWB2J98 | Long             | DBT              | CORP              | IE        |   24162000 | PA      | $24529673.88   | 0.20%             | 2029-04-03      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| VAR ENERGI ASA                 | Var Energi ASA                                                                  | CUSIP: 92212WAF7<br>LEI: 549300LIVN3FFOJN2K47 | Long             | DBT              | CORP              | NO        |   11757000 | PA      | $12129078.48   | 0.10%             | 2030-05-22      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Verizon Master Trust           | Verizon Master Trust                                                            | CUSIP: 92348KDM2<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |   22000000 | PA      | $22163383.00   | 0.18%             | 2030-11-20      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Verizon Master Trust           | Verizon Master Trust                                                            | CUSIP: 92348KEF6<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |   21900000 | PA      | $21992735.55   | 0.18%             | 2031-06-20      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust     | Verus Securitization Trust 2026-3                                               | CUSIP: 92490HAE6<br>LEI: 213800WC8BFD1C25XM36 | Long             | ABS-MBS          | CORP              | US        |   36350000 | PA      | $36086083.03   | 0.30%             | 2071-03-25      | Variable      | 4.93%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust     | Verus Securitization Trust 2025-6                                               | CUSIP: 92540YAA7<br>LEI: 213800KZO2G8SSFFDH61 | Long             | ABS-MBS          | CORP              | US        |   18871780 | PA      | $18935957.35   | 0.16%             | 2070-07-25      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE         | VICI Properties LP / VICI Note Co Inc                                           | CUSIP: 92564RAJ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   25144000 | PA      | $25288708.50   | 0.21%             | 2027-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE         | VICI Properties LP / VICI Note Co Inc                                           | CUSIP: 92564RAK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   14575000 | PA      | $14488875.60   | 0.12%             | 2028-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP             | VICI Properties LP                                                              | CUSIP: 925650AB9<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |   16819000 | PA      | $16834198.99   | 0.14%             | 2028-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag | Wells Fargo Commercial Mortgage Trust 2017-C41                                  | CUSIP: 95001ABD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2000000 | PA      | $1969690.00    | 0.02%             | 2050-11-15      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| Arroyo Mortgage Trust          | Arroyo Mortgage Trust 2022-1                                                    | CUSIP: 042855AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7025497 | PA      | $6837056.02    | 0.06%             | 2056-12-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Arroyo Mortgage Trust          | Arroyo Mortgage Trust 2020-1                                                    | CUSIP: 04285CAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1213891 | PA      | $1182838.26    | 0.01%             | 2055-03-25      | Fixed         | 1.66%                 | No            |                  2 | On Loan: No      |
| ASHTEAD CAPITAL INC            | Ashtead Capital Inc                                                             | CUSIP: 045054AF0<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |   21744000 | PA      | $21617325.98   | 0.18%             | 2027-08-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ASHTEAD CAPITAL INC            | Ashtead Capital Inc                                                             | CUSIP: 045054AN3<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |   13759000 | PA      | $13603049.58   | 0.11%             | 2026-08-12      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING          | Athene Global Funding                                                           | CUSIP: 04685A3Q2<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    7062000 | PA      | $7126931.42    | 0.06%             | 2029-01-09      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP         | Aviation Capital Group LLC                                                      | CUSIP: 05369AAA9<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |   20035000 | PA      | $19672041.73   | 0.16%             | 2027-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust       | Benchmark 2018-B3 Mortgage Trust                                                | CUSIP: 08161BAY9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   33748596 | PA      | $33292433.10   | 0.28%             | 2051-04-10      | Fixed         | 4.03%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust       | Benchmark 2018-B2 Mortgage Trust                                                | CUSIP: 08161CAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   14970000 | PA      | $14755684.99   | 0.12%             | 2051-02-15      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust       | Benchmark 2018-B1 Mortgage Trust                                                | CUSIP: 08162PAX9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   13730000 | PA      | $13549417.55   | 0.11%             | 2051-01-15      | Variable      | 3.67%                 | No            |                  2 | On Loan: No      |
| DCP MIDSTREAM OPERATING        | DCP Midstream Operating LP                                                      | CUSIP: 23311VAH0<br>LEI: 549300Y6CTBSE0QIPL28 | Long             | DBT              | CORP              | US        |    9221000 | PA      | $9382834.64    | 0.08%             | 2029-05-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| DCP MIDSTREAM OPERATING        | DCP Midstream Operating LP                                                      | CUSIP: 23311VAJ6<br>LEI: 549300Y6CTBSE0QIPL28 | Long             | DBT              | CORP              | US        |   22291000 | PA      | $22580636.77   | 0.19%             | 2027-07-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| DTE ENERGY CO                  | DTE Energy Co                                                                   | CUSIP: 233331BJ5<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |   10367000 | PA      | $10460050.25   | 0.09%             | 2028-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| DTE ENERGY CO                  | DTE Energy Co                                                                   | CUSIP: 233331BK2<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |   10000000 | PA      | $10168476.70   | 0.08%             | 2029-03-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| DTE ENERGY CO                  | DTE Energy Co                                                                   | CUSIP: 233331BM8<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |   23175000 | PA      | $23324891.50   | 0.19%             | 2027-07-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| DLLAD LLC                      | DLLAD 2024-1 LLC                                                                | CUSIP: 23346MAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   41447000 | PA      | $42081147.39   | 0.35%             | 2029-07-20      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| DLLAD LLC                      | DLLAD 2025-1 LLC                                                                | CUSIP: 23347BAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    8650000 | PA      | $8693610.71    | 0.07%             | 2030-09-20      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| DXC TECHNOLOGY CO              | DXC Technology Co                                                               | CUSIP: 23355LAL0<br>LEI: 549300DOVZ3EDJB7O259 | Long             | DBT              | CORP              | US        |   19654000 | PA      | $19410666.18   | 0.16%             | 2026-09-15      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| DXC TECHNOLOGY CO              | DXC Technology Co                                                               | CUSIP: 23355LAM8<br>LEI: 549300DOVZ3EDJB7O259 | Long             | DBT              | CORP              | US        |    5000000 | PA      | $4695191.50    | 0.04%             | 2028-09-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| DANSKE BANK A/S                | Danske Bank A/S                                                                 | CUSIP: 23636ABC4<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |    1392000 | PA      | $1389932.71    | 0.01%             | 2028-04-01      | Variable      | 4.30%                 | No            |                  2 | On Loan: No      |
| DANSKE BANK A/S                | Danske Bank A/S                                                                 | CUSIP: 23636ABM2<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |   33500000 | PA      | $33572734.53   | 0.28%             | 2029-03-27      | Variable      | 4.66%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY               | Deutsche Bank AG/New York NY                                                    | CUSIP: 251526CS6<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   11500000 | PA      | $11914521.53   | 0.10%             | 2029-01-18      | Variable      | 6.72%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY               | Deutsche Bank AG/New York NY                                                    | CUSIP: 25160PAQ0<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   24000000 | PA      | $24276392.16   | 0.20%             | 2029-01-10      | Variable      | 5.37%                 | No            |                  2 | On Loan: No      |
| DIGITAL REALTY TRUST LP        | Digital Realty Trust LP                                                         | CUSIP: 25389JAV8<br>LEI: CD4SPTZ3YBTHY0C1AH38 | Long             | DBT              | CORP              | US        |   30129000 | PA      | $30662922.03   | 0.26%             | 2028-01-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| DUQUESNE LIGHT HOLDINGS        | Duquesne Light Holdings Inc                                                     | CUSIP: 266233AG0<br>LEI: 4CUJ1D8WDXK9X7QI6B93 | Long             | DBT              | CORP              | US        |   10100000 | PA      | $9974673.75    | 0.08%             | 2027-08-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| ELECTRICITE DE FRANCE SA       | Electricite de France SA                                                        | CUSIP: 268317AU8<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |   21750000 | PA      | $21733652.92   | 0.18%             | 2028-09-21      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| EDWARDS LIFESCIENCES COR       | Edwards Lifesciences Corp                                                       | CUSIP: 28176EAD0<br>LEI: YA13X31F3V31L8TMPR58 | Long             | DBT              | CORP              | US        |   15000000 | PA      | $14983856.10   | 0.12%             | 2028-06-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC              | HSBC Holdings PLC                                                               | CUSIP: 404280EF2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    7000000 | PA      | $7078636.53    | 0.06%             | 2028-05-17      | Variable      | 5.60%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC              | HSBC Holdings PLC                                                               | CUSIP: 404280EM7<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   24300000 | PA      | $24477147.97   | 0.20%             | 2028-11-19      | Variable      | 5.13%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC              | HSBC Holdings PLC                                                               | CUSIP: 404280FK0<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   19150000 | PA      | $19007975.94   | 0.16%             | 2030-03-10      | Variable      | 4.40%                 | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO               | Hewlett Packard Enterprise Co                                                   | CUSIP: 42824CBS7<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |   17625000 | PA      | $17598949.02   | 0.15%             | 2027-09-25      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO               | Hewlett Packard Enterprise Co                                                   | CUSIP: 42824CBZ1<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |   15000000 | PA      | $14879949.30   | 0.12%             | 2028-09-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO               | Hewlett Packard Enterprise Co                                                   | CUSIP: 42824CCD9<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |   27000000 | PA      | $26975190.24   | 0.22%             | 2029-03-23      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| HOST HOTELS & RESORTS LP       | Host Hotels & Resorts LP                                                        | CUSIP: 44107TBE5<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              | CORP              | US        |   13975000 | PA      | $13809378.22   | 0.11%             | 2028-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| HUBBELL INC                    | Hubbell Inc                                                                     | CUSIP: 443510AJ1<br>LEI: 54930088VDQ6840Y6597 | Long             | DBT              | CORP              | US        |   17421000 | PA      | $17157833.32   | 0.14%             | 2028-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HYATT HOTELS CORP              | Hyatt Hotels Corp                                                               | CUSIP: 448579AR3<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |   10000000 | PA      | $10156080.30   | 0.08%             | 2029-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HYATT HOTELS CORP              | Hyatt Hotels Corp                                                               | CUSIP: 448579AU6<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |   15000000 | PA      | $15124699.20   | 0.13%             | 2028-03-30      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA        | Hyundai Capital America                                                         | CUSIP: 44891ADB0<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    5000000 | PA      | $5042249.70    | 0.04%             | 2027-06-24      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA        | Hyundai Capital America                                                         | CUSIP: 44891ADV6<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   20000000 | PA      | $20085839.00   | 0.17%             | 2028-06-23      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA        | Hyundai Capital America                                                         | CUSIP: 44891ADZ7<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   15000000 | PA      | $14863925.55   | 0.12%             | 2028-09-18      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA        | Hyundai Capital America                                                         | CUSIP: 44891AED5<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    8775000 | PA      | $8678832.14    | 0.07%             | 2029-01-08      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitizat | Hyundai Auto Lease Securitization Trust 2026-A                                  | CUSIP: 448970AD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   35825000 | PA      | $35696739.34   | 0.30%             | 2028-12-15      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| ICON INVESTMENTS SIX DAC       | Icon Investments Six DAC                                                        | CUSIP: 45115AAA2<br>LEI: 635400FQ1M7J2CHLAS59 | Long             | DBT              | CORP              | IE        |   20000000 | PA      | $20101265.60   | 0.17%             | 2027-05-08      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| ICON INVESTMENTS SIX DAC       | Icon Investments Six DAC                                                        | CUSIP: 45115AAB0<br>LEI: 635400FQ1M7J2CHLAS59 | Long             | DBT              | CORP              | IE        |    4644000 | PA      | $4735093.73    | 0.04%             | 2029-05-08      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                   | ING Groep NV                                                                    | CUSIP: 456837BB8<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    4988000 | PA      | $4964860.77    | 0.04%             | 2028-03-28      | Variable      | 4.02%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                   | ING Groep NV                                                                    | CUSIP: 456837BQ5<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |   10312000 | PA      | $10376595.50   | 0.09%             | 2029-03-25      | Variable      | 4.86%                 | No            |                  2 | On Loan: No      |
| INTL FLAVOR & FRAGRANCES       | International Flavors & Fragrances Inc                                          | CUSIP: 459506AP6<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | DBT              | CORP              | US        |   61480000 | PA      | $58968408.59   | 0.49%             | 2027-10-15      | Fixed         | 1.83%                 | No            |                  2 | On Loan: No      |
| IQVIA INC                      | IQVIA Inc                                                                       | CUSIP: 46266TAC2<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |   47000000 | PA      | $47909920.00   | 0.40%             | 2028-05-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| JABIL INC                      | Jabil Inc                                                                       | CUSIP: 466313AM5<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |    8345000 | PA      | $8323563.70    | 0.07%             | 2027-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| JABIL INC                      | Jabil Inc                                                                       | CUSIP: 46656PAC8<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |    6700000 | PA      | $6618721.63    | 0.06%             | 2029-02-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| DISCOVERY HOLDINGS INC         | Discovery Global Holdings Inc                                                   | CUSIP: 55903VBL6<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |   14911000 | PA      | $14728191.14   | 0.12%             | 2027-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL       | Penske Truck Leasing Co Lp / PTL Finance Corp                                   | CUSIP: 709599AX2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1825000 | PA      | $1819837.62    | 0.02%             | 2027-04-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| REGAL REXNORD CORP             | Regal Rexnord Corp                                                              | CUSIP: 758750AM5<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |   25450000 | PA      | $26102805.73   | 0.22%             | 2028-04-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Renaissance Home Equity Loan T | Renaissance Home Equity Loan Trust 2007-2                                       | CUSIP: 75970QAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1914212 | PA      | $440753.30     | 0.00%             | 2037-06-25      | Variable      | 5.67%                 | No            |                  2 | On Loan: No      |
| RENESAS ELECTRONICS CORP       | Renesas Electronics Corp                                                        | CUSIP: 75972BAB7<br>LEI: 5299000EPC47VJQOFB81 | Long             | DBT              | CORP              | JP        |    5919000 | PA      | $5827316.76    | 0.05%             | 2026-11-25      | Fixed         | 2.17%                 | No            |                  2 | On Loan: No      |
| REPSOL E&P CAP MARKETS         | Repsol E&P Capital Markets US LLC                                               | CUSIP: 76026AAA5<br>LEI: 894500D0J12FRZ3Q0M15 | Long             | DBT              | CORP              | US        |   23725000 | PA      | $23823892.44   | 0.20%             | 2028-09-16      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| ROLLS-ROYCE PLC                | Rolls-Royce PLC                                                                 | CUSIP: 77578JAC2<br>LEI: X57JK1U580XATGR67572 | Long             | DBT              | CORP              | GB        |   28020000 | PA      | $28459231.71   | 0.24%             | 2027-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES        | Royal Caribbean Cruises Ltd                                                     | CUSIP: 780153BG6<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |   23000000 | PA      | $23259995.91   | 0.19%             | 2028-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SFS Auto Receivables Securitiz | SFS Auto Receivables Securitization Trust 2025-3                                | CUSIP: 78398KAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   43700000 | PA      | $43609287.54   | 0.36%             | 2031-04-21      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| SBA COMMUNICATIONS CORP        | SBA Communications Corp                                                         | CUSIP: 78410GAG9<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              | CORP              | US        |   12564000 | PA      | $11905279.53   | 0.10%             | 2029-02-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| SABAL TRAIL TRANS              | Sabal Trail Transmission LLC                                                    | CUSIP: 78516FAA7<br>LEI: 5493002DWITGSZFUI977 | Long             | DBT              | CORP              | US        |    9041000 | PA      | $8927551.27    | 0.07%             | 2028-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SALESFORCE INC                 | Salesforce Inc                                                                  | CUSIP: 79466LAQ7<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |   31575000 | PA      | $31583131.19   | 0.26%             | 2028-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SAMMONS FINANCIAL GLOBAL       | Sammons Financial Group Global Funding                                          | CUSIP: 79587J2B8<br>LEI: 635400IPRNPM6HDHRS48 | Long             | DBT              | CORP              | US        |   40000000 | PA      | $40349314.80   | 0.34%             | 2028-01-10      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HLDGS       | Santander UK Group Holdings PLC                                                 | CUSIP: 80281LAG0<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |    2500000 | PA      | $2467823.60    | 0.02%             | 2028-11-03      | Variable      | 3.82%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HLDGS       | Santander UK Group Holdings PLC                                                 | CUSIP: 80281LAR6<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |    5000000 | PA      | $4917745.45    | 0.04%             | 2028-01-11      | Variable      | 2.47%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HLDGS       | Santander UK Group Holdings PLC                                                 | CUSIP: 80281LAX3<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |   28000000 | PA      | $27737367.84   | 0.23%             | 2029-09-22      | Variable      | 4.32%                 | No            |                  2 | On Loan: No      |
| Santander Bank Auto Credit-Lin | Santander Bank Auto Credit-Linked Notes Series 2023-B                           | CUSIP: 80290CCB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1371003 | PA      | $1386499.91    | 0.01%             | 2033-12-15      | Fixed         | 5.64%                 | No            |                  2 | On Loan: No      |
| SCHLUMBERGER HLDGS CORP        | Schlumberger Holdings Corp                                                      | CUSIP: 806851AL5<br>LEI: 529900IKZG65COT1D505 | Long             | DBT              | CORP              | US        |   27775000 | PA      | $27969146.69   | 0.23%             | 2027-05-29      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA       | Volkswagen Group of America Finance LLC                                         | CUSIP: 928668CL4<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |   12000000 | PA      | $12035923.20   | 0.10%             | 2027-08-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA       | Volkswagen Group of America Finance LLC                                         | CUSIP: 928668CP5<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |    8775000 | PA      | $8830048.38    | 0.07%             | 2028-03-27      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Volkswagen Auto Lease Trust    | Volkswagen Auto Lease Trust 2025-B                                              | CUSIP: 92868BAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   28300000 | PA      | $28260057.38   | 0.24%             | 2029-01-22      | Fixed         | 4.01%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag | Wells Fargo Commercial Mortgage Trust 2019-C51                                  | CUSIP: 95001VAU4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2969000 | PA      | $2831963.43    | 0.02%             | 2052-06-15      | Fixed         | 3.31%                 | No            |                  2 | On Loan: No      |
| WESTERN-SOUTHERN GLOBAL        | Western-Southern Global Funding                                                 | CUSIP: 95954A2B8<br>LEI: 635400PFYEGVSGK4VB37 | Long             | DBT              | CORP              | US        |   47323000 | PA      | $47307634.70   | 0.39%             | 2028-07-16      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WESTINGHOUSE AIR BRAKE         | Westinghouse Air Brake Technologies Corp                                        | CUSIP: 960386AM2<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | DBT              | CORP              | US        |   53035000 | PA      | $53190536.27   | 0.44%             | 2028-09-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| AMCOR FLEXIBLES NORTH AM       | Amcor Flexibles North America Inc                                               | CUSIP: 02344AAF5<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | DBT              | CORP              | US        |   17400000 | PA      | $17505094.09   | 0.15%             | 2028-03-17      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| AMCOR FLEXIBLES NORTH AM       | Amcor Flexibles North America Inc                                               | CUSIP: 02344AAJ7<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | DBT              | CORP              | US        |   26100000 | PA      | $25860211.99   | 0.22%             | 2029-03-08      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN NATIONAL GF           | American National Global Funding                                                | CUSIP: 02771D2D5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   34950000 | PA      | $34681638.87   | 0.29%             | 2028-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| ANGLO AMERICAN CAPITAL         | Anglo American Capital PLC                                                      | CUSIP: 034863AR1<br>LEI: TINT358G1SSHR3L3PW36 | Long             | DBT              | CORP              | GB        |    8390000 | PA      | $8398861.01    | 0.07%             | 2027-04-10      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ANGLO AMERICAN CAPITAL         | Anglo American Capital PLC                                                      | CUSIP: 034863AU4<br>LEI: TINT358G1SSHR3L3PW36 | Long             | DBT              | CORP              | GB        |   42000000 | PA      | $42001019.34   | 0.35%             | 2028-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| APA CORP                       | APA Corp                                                                        | CUSIP: 03743QAX6<br>LEI: 549300VCIWLRHYVSHC79 | Long             | DBT              | CORP              | US        |    9783000 | PA      | $9829687.51    | 0.08%             | 2028-10-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ARCELORMITTAL SA               | ArcelorMittal SA                                                                | CUSIP: 03938LBE3<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |   46171000 | PA      | $47579797.72   | 0.40%             | 2027-11-29      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| ARLINGTON TX HGR EDU FIN CORP  | Arlington Higher Education Finance Corp                                         | CUSIP: 041806P61<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   22010000 | PA      | $21902313.87   | 0.18%             | 2044-08-15      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Arroyo Mortgage Trust          | Arroyo Mortgage Trust 2019-2                                                    | CUSIP: 042858AA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2033553 | PA      | $1978644.23    | 0.02%             | 2049-04-25      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| Arroyo Mortgage Trust          | Arroyo Mortgage Trust 2019-3                                                    | CUSIP: 04285AAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3040093 | PA      | $2912933.89    | 0.02%             | 2048-10-25      | Variable      | 2.96%                 | No            |                  2 | On Loan: No      |
| AMRIZE FINANCE US LLC          | Amrize Finance US LLC                                                           | CUSIP: 43475RAQ9<br>LEI: 529900FB2F1WKLFNGY62 | Long             | DBT              | CORP              | US        |   20000000 | PA      | $20118123.60   | 0.17%             | 2028-04-07      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC              | NatWest Group PLC                                                               | CUSIP: 639057AK4<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    5085000 | PA      | $5231974.65    | 0.04%             | 2029-09-13      | Variable      | 5.81%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust     | Navient Private Education Refi Loan Trust 2019-F                                | CUSIP: 63935CAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4172827 | PA      | $4035514.25    | 0.03%             | 2068-08-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust     | Navient Student Loan Trust 2019-B                                               | CUSIP: 63941LAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1682265 | PA      | $1657137.38    | 0.01%             | 2059-12-15      | Fixed         | 3.39%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust     | Navient Private Education Refi Loan Trust 2019-E                                | CUSIP: 63941MAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     702373 | PA      | $693139.00     | 0.01%             | 2068-05-15      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust     | Navient Private Education Refi Loan Trust 2021-A                                | CUSIP: 63942BAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    5014136 | PA      | $4590446.73    | 0.04%             | 2069-05-15      | Fixed         | 0.84%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust     | Navient Private Education Refi Loan Trust 2021-G                                | CUSIP: 63942KAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   15414091 | PA      | $13917470.76   | 0.12%             | 2070-04-15      | Fixed         | 1.58%                 | No            |                  2 | On Loan: No      |
| Nelnet Student Loan Trust      | Nelnet Student Loan Trust 2021-B                                                | CUSIP: 64034QAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    5110284 | PA      | $4840880.31    | 0.04%             | 2062-04-20      | Fixed         | 1.42%                 | No            |                  2 | On Loan: No      |
| Nelnet Student Loan Trust      | Nelnet Student Loan Trust 2021-D                                                | CUSIP: 64034YAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    5157190 | PA      | $4920204.95    | 0.04%             | 2062-04-20      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| Nelnet Student Loan Trust      | Nelnet Student Loan Trust 2021-A                                                | CUSIP: 64035DAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3700891 | PA      | $3528265.32    | 0.03%             | 2062-04-20      | Fixed         | 1.36%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC              | NatWest Group PLC                                                               | CUSIP: 780097BG5<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |   24000000 | PA      | $24167726.40   | 0.20%             | 2029-05-18      | Variable      | 4.89%                 | No            |                  2 | On Loan: No      |
| ALLIANT ENERGY FINANCE         | Alliant Energy Finance LLC                                                      | CUSIP: 01882YAE6<br>LEI: 54930033ER6EOI5DL570 | Long             | DBT              | CORP              | US        |   15020000 | PA      | $15579728.26   | 0.13%             | 2029-03-30      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| NGPL PIPECO LLC                | NGPL PipeCo LLC                                                                 | CUSIP: 62912XAF1<br>LEI: 549300K3NT1HSQFEM073 | Long             | DBT              | CORP              | US        |    6460000 | PA      | $6473174.52    | 0.05%             | 2027-08-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA         | NXP BV / NXP Funding LLC / NXP USA Inc                                          | CUSIP: 62954HBF4<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |    5000000 | PA      | $4975848.00    | 0.04%             | 2028-08-19      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| NTT FINANCE CORP               | NTT Finance Corp                                                                | CUSIP: 62954WAQ8<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |   17950000 | PA      | $18018239.26   | 0.15%             | 2028-07-16      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST ECON DEV AUTH MT | New Jersey Economic Development Authority                                       | CUSIP: 64578JAQ9<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |     560000 | PA      | $561764.06     | 0.00%             | 2026-07-01      | Fixed         | 6.31%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan  | New Residential Mortgage Loan Trust 2020-RPL1                                   | CUSIP: 64828XAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   32624299 | PA      | $31311986.18   | 0.26%             | 2059-11-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan  | New Residential Mortgage Loan Trust 2019-RPL3                                   | CUSIP: 64830NAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   23592981 | PA      | $22860131.26   | 0.19%             | 2059-07-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan  | New Residential Mortgage Loan Trust 2024-NQM2                                   | CUSIP: 64832BAC9<br>LEI: 213800Z6O4V4V96AU133 | Long             | ABS-MBS          | CORP              | US        |   20954443 | PA      | $20882602.73   | 0.17%             | 2064-09-25      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL         | NextEra Energy Capital Holdings Inc                                             | CUSIP: 65339KCL2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   17950000 | PA      | $18036597.98   | 0.15%             | 2027-09-01      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE        | Nissan Motor Acceptance Co LLC                                                  | CUSIP: 65480CAE5<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |    5000000 | PA      | $5024635.75    | 0.04%             | 2026-09-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| ADVANCE AUTO PARTS             | Advance Auto Parts Inc                                                          | CUSIP: 00751YAF3<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |    5000000 | PA      | $4705672.50    | 0.04%             | 2027-10-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| AEGON FUNDING CO LLC           | AEGON Funding Co LLC                                                            | CUSIP: 00775VAA2<br>LEI: KEIOKM01PSK5VZ5CCI74 | Long             | DBT              | CORP              | US        |   50000000 | PA      | $50439721.00   | 0.42%             | 2027-04-16      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ADVENT HEALTH SYSTEM           | Adventist Health System/West                                                    | CUSIP: 007944AF8<br>LEI: 5493008YM33UCY5QPW83 | Long             | DBT              | CORP              | US        |   19750000 | PA      | $18789530.25   | 0.16%             | 2029-03-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| EQT CORP                       | EQT Corp                                                                        | CUSIP: 26884LAQ2<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |   10184000 | PA      | $10419319.04   | 0.09%             | 2028-04-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| EQUITABLE AMERICA GLOBAL       | Equitable America Global Funding                                                | CUSIP: 29446Q2F9<br>LEI: 98450066CCBIACF06694 | Long             | DBT              | CORP              | US        |   24300000 | PA      | $24101327.57   | 0.20%             | 2028-12-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| ESSENTIAL UTILITIES INC        | Essential Utilities Inc                                                         | CUSIP: 29670GAJ1<br>LEI: 549300ILTEOF3E3QY357 | Long             | DBT              | CORP              | US        |   25400000 | PA      | $25496636.33   | 0.21%             | 2027-08-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| EVERGY INC                     | Evergy Inc                                                                      | CUSIP: 30034WAF3<br>LEI: 549300PGTHDQY6PSUI61 | Long             | DBT              | CORP              | US        |   10800000 | PA      | $10717548.70   | 0.09%             | 2029-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP         | Extra Space Storage LP                                                          | CUSIP: 30225VAM9<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |   34960000 | PA      | $34632690.15   | 0.29%             | 2027-12-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| FMC CORP                       | FMC Corp                                                                        | CUSIP: 302491AT2<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |    4550000 | PA      | $4505352.22    | 0.04%             | 2026-10-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| FED CAISSES DESJARDINS         | Federation des Caisses Desjardins du Quebec                                     | CUSIP: 31429KAH6<br>LEI: 549300B2Q47IR0CR5B54 | Long             | DBT              | CORP              | CA        |   12700000 | PA      | $12747728.00   | 0.11%             | 2027-08-23      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| FED CAISSES DESJARDINS         | Federation des Caisses Desjardins du Quebec                                     | CUSIP: 31429KAK9<br>LEI: 549300B2Q47IR0CR5B54 | Long             | DBT              | CORP              | CA        |   13000000 | PA      | $13321772.88   | 0.11%             | 2028-03-14      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| FEDEX FREIGHT HOLDING CO       | Fedex Freight Holding Co Inc                                                    | CUSIP: 314352AA3<br>LEI: 984500Y1DA5A58ICE336 | Long             | DBT              | CORP              | US        |   17600000 | PA      | $17388955.23   | 0.14%             | 2029-03-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| FERGUSON FINANCE PLC           | Ferguson Finance PLC                                                            | CUSIP: 314890AA2<br>LEI: 2138003A7ZEU931DZL61 | Long             | DBT              | CORP              | GB        |   39145000 | PA      | $38975138.10   | 0.32%             | 2028-10-24      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FERGUSON FINANCE PLC           | Ferguson Finance PLC                                                            | CUSIP: 314890AC8<br>LEI: 2138003A7ZEU931DZL61 | Long             | DBT              | CORP              | GB        |    3100000 | PA      | $3094857.10    | 0.03%             | 2027-04-20      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL INFO SERV        | Fidelity National Information Services Inc                                      | CUSIP: 31620MBJ4<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |   54999000 | PA      | $53382152.05   | 0.44%             | 2029-05-21      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL INFO SERV        | Fidelity National Information Services Inc                                      | CUSIP: 31620MCD6<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |    6000000 | PA      | $5971708.92    | 0.05%             | 2029-03-10      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund                                      | CUSIP: 31846V211<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |  435755914 | NS      | $435755914.33  | 3.63%             |  |  |  | No            |                  1 | On Loan: No      |
| firstkey homes 2020-sfr1 trust | FirstKey Homes 2022-SFR2 Trust                                                  | CUSIP: 33767PAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   23680471 | PA      | $23566953.96   | 0.20%             | 2039-07-17      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| firstkey homes 2020-sfr1 trust | FirstKey Homes 2022-SFR3 Trust                                                  | CUSIP: 33768EAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    6307519 | PA      | $6291140.03    | 0.05%             | 2038-07-17      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE        | Nissan Motor Acceptance Co LLC                                                  | CUSIP: 65480CAG0<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |   27225000 | PA      | $27042728.63   | 0.23%             | 2027-09-13      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC            | Nomura Holdings Inc                                                             | CUSIP: 65535HBH1<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |   31200000 | PA      | $31868203.85   | 0.27%             | 2028-01-18      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| firstkey homes 2020-sfr1 trust | FirstKey Homes 2022-SFR1 Trust                                                  | CUSIP: 33768NAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3029439 | PA      | $3016422.81    | 0.03%             | 2039-05-19      | Fixed         | 4.14%                 | No            |                  2 | On Loan: No      |
| FISERV INC                     | Fiserv Inc                                                                      | CUSIP: 337738AU2<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    5000000 | PA      | $4789018.35    | 0.04%             | 2029-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FLEX LTD                       | Flex Ltd                                                                        | CUSIP: 33938XAE5<br>LEI: 549300EAQH74YHD07T53 | Long             | DBT              | CORP              | SG        |   19734000 | PA      | $20137191.47   | 0.17%             | 2028-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Ford Credit Floorplan Master O | Ford Credit Floorplan Master Owner Trust A                                      | CUSIP: 34528QJK1<br>LEI: 5493001DTG5N7T8BG747 | Long             | ABS-O            | CORP              | US        |   33350000 | PA      | $33388162.41   | 0.28%             | 2029-09-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust/F | Ford Credit Auto Owner Trust 2023-REV1                                          | CUSIP: 34535QAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    8670000 | PA      | $8760030.15    | 0.07%             | 2035-08-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC       | Ford Motor Credit Co LLC                                                        | CUSIP: 345397C35<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    5000000 | PA      | $5160236.95    | 0.04%             | 2027-11-04      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC       | Ford Motor Credit Co LLC                                                        | CUSIP: 345397D83<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   21000000 | PA      | $21115815.21   | 0.18%             | 2027-03-05      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| LKQ CORP                       | LKQ Corp                                                                        | CUSIP: 501889AD1<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | DBT              | CORP              | US        |   54425000 | PA      | $55391429.62   | 0.46%             | 2028-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ALLIANT ENERGY FINANCE         | Alliant Energy Finance LLC                                                      | CUSIP: 01882YAF3<br>LEI: 54930033ER6EOI5DL570 | Long             | DBT              | CORP              | US        |   25000000 | PA      | $25209610.00   | 0.21%             | 2027-06-06      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| LGENERGYSOLUTION               | LG Energy Solution Ltd                                                          | CUSIP: 50205MAK5<br>LEI: 988400QX6P286XA6ZS85 | Long             | DBT              | CORP              | KR        |   13700000 | PA      | $13718626.93   | 0.11%             | 2029-04-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LPL HOLDINGS INC               | LPL Holdings Inc                                                                | CUSIP: 50212YAC8<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |   20927000 | PA      | $20773905.39   | 0.17%             | 2027-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC             | Ally Financial Inc                                                              | CUSIP: 02005NBZ2<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |   20000000 | PA      | $20311915.00   | 0.17%             | 2029-05-15      | Variable      | 5.74%                 | No            |                  2 | On Loan: No      |
| Ally Bank Auto Credit-Linked N | Ally Bank Auto Credit-Linked Notes Series 2025-B                                | CUSIP: 02007G6N8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   14301289 | PA      | $14306047.41   | 0.12%             | 2033-09-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| LPL HOLDINGS INC               | LPL Holdings Inc                                                                | CUSIP: 50212YAJ3<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |   30000000 | PA      | $30277036.80   | 0.25%             | 2027-05-20      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| LPL HOLDINGS INC               | LPL Holdings Inc                                                                | CUSIP: 50212YAN4<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    3000000 | PA      | $3008907.21    | 0.03%             | 2028-04-03      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| LIBERTY MUTUAL INSURANCE       | Liberty Mutual Insurance Co                                                     | CUSIP: 53079QAC1<br>LEI: CNC20I6IOMGF7KY49D67 | Long             | DBT              | CORP              | US        |   14335000 | PA      | $14525661.09   | 0.12%             | 2026-10-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| LINCOLN FIN GLBL FUNDING       | Lincoln Financial Global Funding                                                | CUSIP: 53359KAD3<br>LEI: 984500OC010458395923 | Long             | DBT              | CORP              | US        |   19000000 | PA      | $18787447.00   | 0.16%             | 2029-01-12      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC       | Lloyds Banking Group PLC                                                        | CUSIP: 539439BD0<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    9930000 | PA      | $9989004.66    | 0.08%             | 2029-06-13      | Variable      | 4.82%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC       | Lloyds Banking Group PLC                                                        | CUSIP: 53944YBC6<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   28000000 | PA      | $28255328.36   | 0.24%             | 2028-11-26      | Variable      | 5.09%                 | No            |                  2 | On Loan: No      |
| LOUISIANA-PACIFIC CORP         | Louisiana-Pacific Corp                                                          | CUSIP: 546347AM7<br>LEI: 549300C7E2UAO5BVRR75 | Long             | DBT              | CORP              | US        |   20514000 | PA      | $19671771.88   | 0.16%             | 2029-03-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| LYB FINANCE CO BV              | LYB Finance Co BV                                                               | CUSIP: 61238QAA6<br>LEI: 549300BBGA3CFHX0KS75 | Long             | DBT              | CORP              | NL        |    4747000 | PA      | $4907206.79    | 0.04%             | 2027-03-15      | Fixed         | 8.10%                 | No            |                  2 | On Loan: No      |
| SOUTH BOW USA INFRA HLDS       | South Bow USA Infrastructure Holdings LLC                                       | CUSIP: 83007CAB8<br>LEI: 254900Z1WAY7QFQ7O850 | Long             | DBT              | CORP              | US        |   37280000 | PA      | $37429814.15   | 0.31%             | 2027-09-01      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE               | Societe Generale SA                                                             | CUSIP: 83368RBR2<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    2000000 | PA      | $2058616.12    | 0.02%             | 2029-01-10      | Variable      | 6.45%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE               | Societe Generale SA                                                             | CUSIP: 83368RCC4<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    5000000 | PA      | $5074695.30    | 0.04%             | 2029-04-13      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE               | Societe Generale SA                                                             | CUSIP: 83368RCH3<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   10000000 | PA      | $10097041.30   | 0.08%             | 2029-05-22      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| STELLANTIS FIN US INC          | Stellantis Finance US Inc                                                       | CUSIP: 85855CAM2<br>LEI: 549300QZ0AI8Q7LNON33 | Long             | DBT              | CORP              | US        |   10000000 | PA      | $10071003.30   | 0.08%             | 2028-03-17      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| STELLANTIS FINANCIAL SER       | Stellantis Financial Services US Corp                                           | CUSIP: 85855FAA1<br>LEI: 5493000KNKFDOC1BOW59 | Long             | DBT              | CORP              | US        |   14750000 | PA      | $14668861.58   | 0.12%             | 2028-09-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Stellantis Financial Underwrit | Stellantis Financial Underwritten Enhanced Lease Trust 2025-B                   | CUSIP: 858933AC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   25425000 | PA      | $25467241.10   | 0.21%             | 2029-01-22      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| NVENT FINANCE SARL             | nVent Finance Sarl                                                              | CUSIP: 67078AAD5<br>LEI: 549300KO1OQ4MVFB6X02 | Long             | DBT              | CORP              | LU        |   12092000 | PA      | $12063739.18   | 0.10%             | 2028-04-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC       | OBX 2023-NQM9 Trust                                                             | CUSIP: 673921AA0<br>LEI: 2549007JKD4UEFDCFB08 | Long             | ABS-MBS          | CORP              | US        |    5208080 | PA      | $5246429.74    | 0.04%             | 2063-10-25      | Variable      | 7.16%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC       | OBX 2025-NQM14 Trust                                                            | CUSIP: 673924AC0<br>LEI: 254900T4WKE0IYMYAI09 | Long             | ABS-MBS          | CORP              | US        |   27156470 | PA      | $27125391.85   | 0.23%             | 2065-07-25      | Variable      | 5.16%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC       | OBX 2026-NQM3 Trust                                                             | CUSIP: 67449MAF6<br>LEI: 25490008A4OQW8G7VN96 | Long             | ABS-MBS          | CORP              | US        |   35933863 | PA      | $35580985.22   | 0.30%             | 2066-01-25      | Variable      | 4.65%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR       | Occidental Petroleum Corp                                                       | CUSIP: 674599CM5<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    5920000 | PA      | $5847275.76    | 0.05%             | 2027-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                    | Oracle Corp                                                                     | CUSIP: 68389XCD5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   10000000 | PA      | $9525587.00    | 0.08%             | 2028-03-25      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                    | Oracle Corp                                                                     | CUSIP: 68389XDW2<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   20000000 | PA      | $19747234.60   | 0.16%             | 2029-02-04      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE GLOB FUNDING        | Corebridge Global Funding                                                       | CUSIP: 00138CBB3<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |   14500000 | PA      | $14511020.29   | 0.12%             | 2027-08-20      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T | Alternative Loan Trust 2006-28CB                                                | CUSIP: 02147TAS5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     384397 | PA      | $170182.02     | 0.00%             | 2036-10-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T | Alternative Loan Trust 2004-J2                                                  | CUSIP: 12667FEG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      12123 | PA      | $12276.98      | 0.00%             | 2034-04-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage  | Citigroup Commercial Mortgage Trust 2018-C5                                     | CUSIP: 17291DAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1135000 | PA      | $1126607.24    | 0.01%             | 2051-06-10      | Variable      | 4.23%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                  | Citigroup Inc                                                                   | CUSIP: 172967NG2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   15000000 | PA      | $14819213.40   | 0.12%             | 2028-02-24      | Variable      | 3.07%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage  | Citigroup Commercial Mortgage Trust 2017-P7                                     | CUSIP: 17325HBN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    8175442 | PA      | $8117175.87    | 0.07%             | 2050-04-14      | Fixed         | 3.44%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage  | Citigroup Commercial Mortgage Trust 2017-P8                                     | CUSIP: 17326DAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   39700000 | PA      | $38893855.77   | 0.32%             | 2050-09-15      | Fixed         | 3.46%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust  | Citigroup Mortgage Loan Trust 2018-RP2                                          | CUSIP: 17326UAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1731762 | PA      | $1712930.91    | 0.01%             | 2058-02-25      | Variable      | 3.21%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                  | Citigroup Inc                                                                   | CUSIP: 17327CAW3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   45000000 | PA      | $45226904.40   | 0.38%             | 2029-03-04      | Variable      | 4.79%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage  | Citigroup COmmercial Mortgage Trust 2018-C6                                     | CUSIP: 17327GAY0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   17364000 | PA      | $17241035.10   | 0.14%             | 2051-11-10      | Fixed         | 4.41%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust   | GS Mortgage Securities Trust 2017-GS5                                           | CUSIP: 36252HAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   29428254 | PA      | $29130119.30   | 0.24%             | 2050-03-10      | Fixed         | 3.67%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust   | GS Mortgage Securities Trust 2017-GS6                                           | CUSIP: 36253PAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   16878197 | PA      | $16677300.88   | 0.14%             | 2050-05-10      | Fixed         | 3.43%                 | No            |                  2 | On Loan: No      |
| HELMERICH & PAYNE INC          | Helmerich & Payne Inc                                                           | CUSIP: 423452AL5<br>LEI: 254900NAOGHJ88RZ4C73 | Long             | DBT              | CORP              | US        |   32200000 | PA      | $32231772.38   | 0.27%             | 2027-12-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION       | Hess Midstream Operations LP                                                    | CUSIP: 428102AH0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   20465000 | PA      | $20596303.44   | 0.17%             | 2028-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION       | Hess Midstream Operations LP                                                    | CUSIP: 428104AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3192000 | PA      | $3182620.31    | 0.03%             | 2028-06-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| MACQUARIE GROUP LTD            | Macquarie Group Ltd                                                             | CUSIP: 55608JAK4<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | CORP              | AU        |   23300000 | PA      | $22973511.31   | 0.19%             | 2028-11-28      | Variable      | 3.76%                 | No            |                  2 | On Loan: No      |
| MACQUARIE GROUP LTD            | Macquarie Group Ltd                                                             | CUSIP: 55608JBC1<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | CORP              | AU        |   15318000 | PA      | $15222664.14   | 0.13%             | 2028-06-21      | Variable      | 4.10%                 | No            |                  2 | On Loan: No      |
| MACQUARIE AIRFINANCE HLD       | Macquarie Airfinance Holdings Ltd                                               | CUSIP: 55609NAF5<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |   20000000 | PA      | $20072091.80   | 0.17%             | 2028-03-27      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| MANUF & TRADERS TRUST CO       | Manufacturers & Traders Trust Co                                                | CUSIP: 564760CC8<br>LEI: WWB2V0FCW3A0EE3ZJN75 | Long             | DBT              | CORP              | US        |   26500000 | PA      | $26573160.67   | 0.22%             | 2028-07-06      | Variable      | 4.76%                 | No            |                  2 | On Loan: No      |
| MAPLE PARENT HLDS CO           | Maple Parent Holdings Corp                                                      | CUSIP: 56530KAA4<br>LEI: 254900J6FBJ1E892Q074 | Long             | DBT              | CORP              | US        |   15000000 | PA      | $14997583.95   | 0.12%             | 2029-03-26      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MAREX GROUP PLC                | Marex Group PLC                                                                 | CUSIP: 566539AB8<br>LEI: 549300DWX0SVICJAL507 | Long             | DBT              | CORP              | GB        |   25000000 | PA      | $25269818.75   | 0.21%             | 2028-05-08      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| COOPERATIEVE RABOBANK UA       | Cooperatieve Rabobank UA                                                        | CUSIP: 74977RDT8<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |    9350000 | PA      | $9560261.40    | 0.08%             | 2030-03-05      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust      | Towd Point Mortgage Trust 2020-1                                                | CUSIP: 89178WAU2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2082383 | PA      | $2009884.92    | 0.02%             | 2060-01-25      | Variable      | 2.71%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust      | Towd Point Mortgage Trust 2020-MH1                                              | CUSIP: 89178YAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3061553 | PA      | $3014460.81    | 0.03%             | 2060-02-25      | Variable      | 2.25%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust      | Towd Point Mortgage Trust 2020-4                                                | CUSIP: 89179JAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   20816185 | PA      | $18971729.69   | 0.16%             | 2060-10-25      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond                                                | CUSIP: 91282CMF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  776150000 | PA      | $781637621.11  | 6.51%             | 2028-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond                                                | CUSIP: 91282CMW8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  362650000 | PA      | $362154188.55  | 3.02%             | 2028-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond                                                | CUSIP: 91282CNU1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  827925000 | PA      | $824399852.66  | 6.86%             | 2028-08-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond                                                | CUSIP: 91282CPC9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 1394050000 | PA      | $1383213435.97 | 11.52%            | 2028-10-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond                                                | CUSIP: 91282CQE4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  159775000 | PA      | $158364487.13  | 1.32%             | 2029-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UTAH ST HSG CORP SF MTGE REVEN | Utah Housing Corp                                                               | CUSIP: 9174368L4<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |    1940000 | PA      | $1907054.53    | 0.02%             | 2050-01-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| VAR ENERGI ASA                 | Var Energi ASA                                                                  | CUSIP: 92212WAA8<br>LEI: 549300LIVN3FFOJN2K47 | Long             | DBT              | CORP              | NO        |    6575000 | PA      | $6604257.04    | 0.05%             | 2027-05-18      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VAR ENERGI ASA                 | Var Energi ASA                                                                  | CUSIP: 92212WAD2<br>LEI: 549300LIVN3FFOJN2K47 | Long             | DBT              | CORP              | NO        |   12395000 | PA      | $12966080.41   | 0.11%             | 2028-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| AUSGRID FINANCE PTY LTD        | Ausgrid Finance Pty Ltd                                                         | CUSIP: 052113AB3<br>LEI: 549300DN8D7YR73BKB57 | Long             | DBT              | CORP              | AU        |   34676000 | PA      | $34527724.73   | 0.29%             | 2028-08-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| AUTONATION INC                 | AutoNation Inc                                                                  | CUSIP: 05329WAU6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   27000000 | PA      | $26775531.45   | 0.22%             | 2029-01-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP         | Aviation Capital Group LLC                                                      | CUSIP: 05369AAN1<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |    5000000 | PA      | $5139419.40    | 0.04%             | 2028-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP         | Aviation Capital Group LLC                                                      | CUSIP: 05369AAR2<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |   20629000 | PA      | $20651998.45   | 0.17%             | 2027-04-14      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD       | Avolon Holdings Funding Ltd                                                     | CUSIP: 05401ABE0<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |   31575000 | PA      | $30983353.02   | 0.26%             | 2029-04-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA             | Banco Santander SA                                                              | CUSIP: 05964HAQ8<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |   15000000 | PA      | $14933919.00   | 0.12%             | 2028-03-24      | Variable      | 4.17%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA             | Banco Santander SA                                                              | CUSIP: 05964HBF1<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    5000000 | PA      | $5053936.25    | 0.04%             | 2028-07-15      | Variable      | 5.37%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP           | Bank of America Corp                                                            | CUSIP: 06051GHG7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   25000000 | PA      | $24773217.50   | 0.21%             | 2029-03-05      | Variable      | 3.97%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP           | Bank of America Corp                                                            | CUSIP: 06051GKP3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   15069000 | PA      | $15057911.78   | 0.13%             | 2028-04-27      | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| BANK OF IRELAND GROUP          | Bank of Ireland Group PLC                                                       | CUSIP: 06279JAD1<br>LEI: 635400C8EK6DRI12LJ39 | Long             | DBT              | CORP              | IE        |   23400000 | PA      | $23997424.00   | 0.20%             | 2030-03-20      | Variable      | 5.60%                 | No            |                  2 | On Loan: No      |
| Bank                           | BANK 2017-BNK7                                                                  | CUSIP: 06541XAF7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   18036000 | PA      | $17757534.98   | 0.15%             | 2060-09-15      | Fixed         | 3.44%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust       | Benchmark 2018-B5 Mortgage Trust                                                | CUSIP: 08160BAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6869000 | PA      | $6797119.35    | 0.06%             | 2051-07-15      | Fixed         | 4.21%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust       | Benchmark 2018-B6 Mortgage Trust                                                | CUSIP: 08162CAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2235000 | PA      | $2217982.49    | 0.02%             | 2051-10-10      | Fixed         | 4.26%                 | No            |                  2 | On Loan: No      |
| CCL INDUSTRIES INC             | CCL Industries Inc                                                              | CUSIP: 124900AB7<br>LEI: 549300TD3EMSRRC0YH75 | Long             | DBT              | CORP              | CA        |    5780000 | PA      | $5742269.55    | 0.05%             | 2026-10-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CD Commercial Mortgage Trust   | CD 2018-CD7 Mortgage Trust                                                      | CUSIP: 12512JAW4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2500000 | PA      | $2483508.75    | 0.02%             | 2051-08-15      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE            | CDW LLC / CDW Finance Corp                                                      | CUSIP: 12513GBF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5395000 | PA      | $5137883.04    | 0.04%             | 2029-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CFCRE Commercial Mortgage Trus | CFCRE Commercial Mortgage Trust 2016-C7                                         | CUSIP: 12532BAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2750000 | PA      | $2733475.53    | 0.02%             | 2054-12-10      | Fixed         | 3.84%                 | No            |                  2 | On Loan: No      |
| CFCRE Commercial Mortgage Trus | CFCRE Commercial Mortgage Trust 2017-C8                                         | CUSIP: 12532CBA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   40867000 | PA      | $40406960.18   | 0.34%             | 2050-06-15      | Fixed         | 3.57%                 | No            |                  2 | On Loan: No      |
| CAPITAL POWER US HOLDING       | Capital Power US Holdings Inc                                                   | CUSIP: 14041TAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8650000 | PA      | $8701505.04    | 0.07%             | 2028-06-01      | Fixed         | 5.26%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                  | Carnival Corp                                                                   | CUSIP: 143658BQ4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |   28754000 | PA      | $28077642.09   | 0.23%             | 2028-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                   | Centene Corp                                                                    | CUSIP: 15135BAR2<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |   22159000 | PA      | $21767111.44   | 0.18%             | 2027-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                   | Centene Corp                                                                    | CUSIP: 15135BAY7<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |   15000000 | PA      | $13969477.50   | 0.12%             | 2028-07-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| CENTRL PLAINS ENERGY PROJ NE G | Central Plains Energy Project                                                   | CUSIP: 154872BB0<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |    1320000 | PA      | $1347947.44    | 0.01%             | 2028-08-01      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| CHARLES RIVER LABORATORI       | Charles River Laboratories International Inc                                    | CUSIP: 159864AE7<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | DBT              | CORP              | US        |    9000000 | PA      | $8797252.50    | 0.07%             | 2028-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP       | Charter Communications Operating LLC / Charter Communications Operating Capital | CUSIP: 161175BK9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   18375000 | PA      | $18214523.04   | 0.15%             | 2028-03-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP       | Charter Communications Operating LLC / Charter Communications Operating Capital | CUSIP: 161175CD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   10710000 | PA      | $10009829.68   | 0.08%             | 2029-01-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| ELEMENT FLEET MANAGEMENT       | Element Fleet Management Corp                                                   | CUSIP: 286181AK8<br>LEI: 5493000PGBS1C22ELQ16 | Long             | DBT              | CORP              | CA        |   16000000 | PA      | $16671291.52   | 0.14%             | 2028-12-04      | Fixed         | 6.32%                 | No            |                  2 | On Loan: No      |
| EMERA US FINANCE LLC           | Emera US Finance LLC                                                            | CUSIP: 29103HAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   18050000 | PA      | $18028505.34   | 0.15%             | 2029-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                   | Enbridge Inc                                                                    | CUSIP: 29250NCH6<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    4000000 | PA      | $4010450.48    | 0.03%             | 2028-06-20      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor | JP Morgan Chase Commercial Mortgage Securities Trust 2016-JP2                   | CUSIP: 46590MAR1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1677847 | PA      | $1672442.89    | 0.01%             | 2049-08-15      | Fixed         | 2.82%                 | No            |                  2 | On Loan: No      |
| JBS NV/USA FOODS/FOOD CO       | JBS NV/JBS USA Foods Group Holdings Inc/JBS USA Food Co Holdings                | CUSIP: 46590XAN6<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |   10000000 | PA      | $9592125.00    | 0.08%             | 2029-02-02      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Chase Auto Credit Linked Notes | Chase Auto Credit Linked Notes Series 2025-1                                    | CUSIP: 46591HCS7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   11318792 | PA      | $11359356.35   | 0.09%             | 2033-02-25      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor | JP Morgan Chase Commercial Mortgage Securities Trust 2016-JP4                   | CUSIP: 46645UAT4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    8950000 | PA      | $8879683.43    | 0.07%             | 2049-12-15      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor | JPMCC Commercial Mortgage Securities Trust 2017-JP5                             | CUSIP: 46647TAS7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   11138000 | PA      | $11072987.49   | 0.09%             | 2050-03-15      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| JACOBS ENGINEERING GROUP       | Jacobs Engineering Group Inc                                                    | CUSIP: 469814AB3<br>LEI: 549300CZ8QS1GE53O776 | Long             | DBT              | CORP              | US        |   11762000 | PA      | $12206104.77   | 0.10%             | 2028-08-18      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN GROUP INC        | Jefferies Financial Group Inc                                                   | CUSIP: 472319AE2<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |    2380000 | PA      | $2423800.12    | 0.02%             | 2027-06-08      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| NATIONAL BANK OF CANADA        | National Bank of Canada                                                         | CUSIP: 63307A3K9<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |   45000000 | PA      | $44755599.15   | 0.37%             | 2029-01-20      | Variable      | 4.17%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY        | Nationwide Building Society                                                     | CUSIP: 63859WAE9<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |   34021000 | PA      | $33928816.02   | 0.28%             | 2026-09-14      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY        | Nationwide Building Society                                                     | CUSIP: 63861VAB3<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |    5655000 | PA      | $5615933.73    | 0.05%             | 2029-03-08      | Variable      | 4.30%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY        | Nationwide Building Society                                                     | CUSIP: 63861VAM9<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |   19000000 | PA      | $19017143.89   | 0.16%             | 2029-07-14      | Variable      | 4.65%                 | No            |                  2 | On Loan: No      |
| OWENS CORNING                  | Owens Corning                                                                   | CUSIP: 690742AN1<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |   15000000 | PA      | $15178307.40   | 0.13%             | 2027-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PEACEHEALTH OBLIGATED GR       | PeaceHealth Obligated Group                                                     | CUSIP: 70462GAE8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   15000000 | PA      | $14927959.50   | 0.12%             | 2028-11-15      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| PENN-AMER WATER CO             | Pennsylvania-American Water Co                                                  | CUSIP: 708653AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8000000 | PA      | $8106454.08    | 0.07%             | 2026-09-01      | Fixed         | 7.80%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LFE GLB FND II       | Principal Life Global Funding II                                                | CUSIP: 74256LFA2<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |   17750000 | PA      | $17800250.61   | 0.15%             | 2027-08-19      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| QUANTA SERVICES INC            | Quanta Services Inc                                                             | CUSIP: 74762EAK8<br>LEI: SHVRXXEACT60MMH07S24 | Long             | DBT              | CORP              | US        |   30400000 | PA      | $30547392.88   | 0.25%             | 2027-08-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| RECKITT BENCKISER TSY          | Reckitt Benckiser Treasury Services PLC                                         | CUSIP: 75625QAE9<br>LEI: 213800LAXWIUOOBZ3908 | Long             | DBT              | CORP              | GB        |   38750000 | PA      | $38162705.78   | 0.32%             | 2027-06-26      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| VONTIER CORP                   | Vontier Corp                                                                    | CUSIP: 928881AD3<br>LEI: 549300VVSQLG4P5K4639 | Long             | DBT              | CORP              | US        |    6631000 | PA      | $6355822.85    | 0.05%             | 2028-04-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Cer | WaMu Mortgage Pass-Through Certificates Series 2004-AR3 Trust                   | CUSIP: 92922FNH7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     925191 | PA      | $885125.84     | 0.01%             | 2034-06-25      | Variable      | 5.30%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag | Wells Fargo Commercial Mortgage Trust 2016-BNK1                                 | CUSIP: 95000GAY0<br>LEI: 549300DNBJ7A0SEFVK31 | Long             | ABS-MBS          | CORP              | US        |   14925000 | PA      | $14839099.16   | 0.12%             | 2049-08-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY          | Wells Fargo & Co                                                                | CUSIP: 95000U2A0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   21182000 | PA      | $20981830.52   | 0.17%             | 2028-05-22      | Variable      | 3.58%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY          | Wells Fargo & Co                                                                | CUSIP: 95000U3L5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   31500000 | PA      | $31906332.05   | 0.27%             | 2028-04-22      | Variable      | 5.71%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY          | Wells Fargo & Co                                                                | CUSIP: 95000U3T8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    3000000 | PA      | $3026012.40    | 0.03%             | 2029-04-23      | Variable      | 4.97%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY          | Wells Fargo & Co                                                                | CUSIP: 95000U4D2<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    8500000 | PA      | $8424688.47    | 0.07%             | 2030-01-23      | Variable      | 4.18%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag | Wells Fargo Commercial Mortgage Trust 2017-C39                                  | CUSIP: 95000XAF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   11754000 | PA      | $11565900.74   | 0.10%             | 2050-09-15      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag | Wells Fargo Commercial Mortgage Trust 2017-C40                                  | CUSIP: 95000YAY1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6600000 | PA      | $6506553.90    | 0.05%             | 2050-10-15      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag | Wells Fargo Commercial Mortgage Trust 2017-C38                                  | CUSIP: 95001MAF7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   38228000 | PA      | $37711134.50   | 0.31%             | 2050-07-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| WESTVACO CORP NY               | Westvaco Corp                                                                   | CUSIP: 961548AR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    3900000 | PA      | $3985914.31    | 0.03%             | 2027-01-15      | Fixed         | 7.67%                 | No            |                  2 | On Loan: No      |
| WHISTLER PIPELINE LLC          | Whistler Pipeline LLC                                                           | CUSIP: 96337RAA0<br>LEI: 549300NG57SGLTNW5C85 | Long             | DBT              | CORP              | US        |   11475000 | PA      | $11754331.91   | 0.10%             | 2029-09-30      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| WOODSIDE FINANCE LTD           | Woodside Finance Ltd                                                            | CUSIP: 980236AX1<br>LEI: 254900AIZKU6TGRRNZ98 | Long             | DBT              | CORP              | AU        |   38515000 | PA      | $38821160.36   | 0.32%             | 2028-05-19      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| XPO INC                        | XPO Inc                                                                         | CUSIP: 98379KAA0<br>LEI: 54930096DB9LCLPN7H13 | Long             | DBT              | CORP              | US        |    6490000 | PA      | $6570268.32    | 0.05%             | 2028-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| YARA INTERNATIONAL ASA         | Yara International ASA                                                          | CUSIP: 984851AF2<br>LEI: 213800WKOUWXWFJ5Z514 | Long             | DBT              | CORP              | NO        |    4848000 | PA      | $4852119.88    | 0.04%             | 2028-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust  | CCUBS Commercial Mortgage Trust 2017-C1                                         | CUSIP: 12508GAU0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2200000 | PA      | $2155589.92    | 0.02%             | 2050-11-15      | Variable      | 3.54%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                   | UBS Group AG                                                                    | CUSIP: 225401AF5<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   10000000 | PA      | $9884832.00    | 0.08%             | 2029-01-12      | Variable      | 3.87%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                   | UBS Group AG                                                                    | CUSIP: 225401BK3<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    4438000 | PA      | $4387241.93    | 0.04%             | 2029-12-23      | Variable      | 4.15%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                   | UBS Group AG                                                                    | CUSIP: 225401BR8<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   27300000 | PA      | $26953825.35   | 0.22%             | 2030-04-10      | Variable      | 4.21%                 | No            |                  2 | On Loan: No      |
| MARS INC                       | Mars Inc                                                                        | CUSIP: 571676AX3<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |   34850000 | PA      | $35060015.16   | 0.29%             | 2028-03-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST EDUCTNL FING  | Massachusetts Educational Financing Authority                                   | CUSIP: 57563RSJ9<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |     700000 | PA      | $570569.09     | 0.00%             | 2037-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| MASTEC INC                     | MasTec Inc                                                                      | CUSIP: 576323AP4<br>LEI: 549300TMDIT8WREDOF45 | Long             | DBT              | CORP              | US        |   16311000 | PA      | $16133974.11   | 0.13%             | 2028-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MASTR Alternative Loans Trust  | MASTR Alternative Loan Trust 2003-5                                             | CUSIP: 576434FF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     774720 | PA      | $768523.77     | 0.01%             | 2033-07-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                 | Morgan Stanley                                                                  | CUSIP: 61747YFP5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   25000000 | PA      | $25298775.25   | 0.21%             | 2028-04-13      | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| COOPERATIEVE RABOBANK UA       | Cooperatieve Rabobank UA                                                        | CUSIP: 74977RDR2<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |    2500000 | PA      | $2504979.75    | 0.02%             | 2028-08-22      | Variable      | 4.66%                 | No            |                  2 | On Loan: No      |
| UBS AG STAMFORD CT             | UBS AG/Stamford CT                                                              | CUSIP: 90261AAG7<br>LEI: 254900R882POXXVAK772 | Long             | DBT              | CORP              | CH        |   20000000 | PA      | $19974134.00   | 0.17%             | 2029-03-16      | Variable      | 4.30%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust  | UBS Commercial Mortgage Trust 2018-C10                                          | CUSIP: 90276FAW4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   10500000 | PA      | $10411534.35   | 0.09%             | 2051-05-15      | Fixed         | 4.31%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust  | UBS Commercial Mortgage Trust 2017-C3                                           | CUSIP: 90276GAS1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6845000 | PA      | $6723050.16    | 0.06%             | 2050-08-15      | Fixed         | 3.43%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust  | UBS Commercial Mortgage Trust 2017-C6                                           | CUSIP: 90276UAX9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2675000 | PA      | $2623084.14    | 0.02%             | 2050-12-15      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM        | United Rentals North America Inc                                                | CUSIP: 911365BM5<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |   24150000 | PA      | $23798668.22   | 0.20%             | 2027-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trus | CSAIL 2017-C8 Commercial Mortgage Trust                                         | CUSIP: 12595BAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5330000 | PA      | $5260430.18    | 0.04%             | 2050-06-15      | Fixed         | 3.39%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust   | CSMC 2019-RPL1 Trust                                                            | CUSIP: 12596MAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    9941317 | PA      | $9790310.26    | 0.08%             | 2058-07-25      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV               | ABN AMRO Bank NV                                                                | CUSIP: 00084DAL4<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |   12400000 | PA      | $12393946.20   | 0.10%             | 2026-04-18      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA             | Credit Agricole SA                                                              | CUSIP: 22535WAJ6<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    1000000 | PA      | $1041021.58    | 0.01%             | 2029-10-03      | Variable      | 6.32%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA             | Credit Agricole SA                                                              | CUSIP: 22535WAP2<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    8600000 | PA      | $8694112.04    | 0.07%             | 2029-01-09      | Variable      | 5.23%                 | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV               | ABN AMRO Bank NV                                                                | CUSIP: 00084DBD1<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |    4150000 | PA      | $4180480.05    | 0.03%             | 2028-12-03      | Variable      | 4.99%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust            | COMM 2018-COR3 Mortgage Trust                                                   | CUSIP: 12595VAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3050000 | PA      | $2991410.72    | 0.02%             | 2051-05-10      | Fixed         | 4.23%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC               | Crown Castle Inc                                                                | CUSIP: 22822VAL5<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |   22325000 | PA      | $22059193.19   | 0.18%             | 2029-02-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS        | Frontier Communications Holdings LLC                                            | CUSIP: 35908MAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   11288000 | PA      | $11582458.77   | 0.10%             | 2030-05-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CONAGRA BRANDS INC             | Conagra Brands Inc                                                              | CUSIP: 205887AR3<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |   21120000 | PA      | $22220187.69   | 0.19%             | 2028-10-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CONCENTRIX CORP                | Concentrix Corp                                                                 | CUSIP: 20602DAA9<br>LEI: 5493000EAJN1KMPVA737 | Long             | DBT              | CORP              | US        |   11616000 | PA      | $11667152.91   | 0.10%             | 2026-08-02      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| CONCENTRIX CORP                | Concentrix Corp                                                                 | CUSIP: 20602DAB7<br>LEI: 5493000EAJN1KMPVA737 | Long             | DBT              | CORP              | US        |    7500000 | PA      | $7454171.93    | 0.06%             | 2028-08-02      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| CONCENTRIX CORP                | Concentrix Corp                                                                 | CUSIP: 20602DAD3<br>LEI: 5493000EAJN1KMPVA737 | Long             | DBT              | CORP              | US        |   40000000 | PA      | $38905905.20   | 0.32%             | 2029-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC          | GFL Environmental Inc                                                           | CUSIP: 36168QAM6<br>LEI: 894500E7NLBY9VZRT696 | Long             | DBT              | CORP              | CA        |   36715000 | PA      | $35698336.32   | 0.30%             | 2028-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GCAT                           | GCAT 2022-CM1 Trust                                                             | CUSIP: 36168XAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   19629951 | PA      | $18147928.60   | 0.15%             | 2066-12-27      | Variable      | 2.88%                 | No            |                  2 | On Loan: No      |
| GCAT                           | GCAT 2025-NQM3 Trust                                                            | CUSIP: 36171MAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   23735398 | PA      | $23829416.70   | 0.20%             | 2070-05-25      | Variable      | 5.55%                 | No            |                  2 | On Loan: No      |
| General Motors                 | GMF Floorplan Owner Revolving Trust                                             | CUSIP: 361886DQ4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   51373000 | PA      | $51751377.56   | 0.43%             | 2029-11-15      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| GE HEALTHCARE TECH INC         | GE HealthCare Technologies Inc                                                  | CUSIP: 36266GAD9<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |   18625000 | PA      | $18503368.32   | 0.15%             | 2028-12-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| GARTNER INC                    | Gartner Inc                                                                     | CUSIP: 366651AG2<br>LEI: PP55B5R38BFB8O8HH686 | Long             | DBT              | CORP              | US        |   23275000 | PA      | $21896166.66   | 0.18%             | 2029-06-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO         | General Motors Financial Co Inc                                                 | CUSIP: 37045XEX0<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   30000000 | PA      | $30283967.40   | 0.25%             | 2027-07-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO         | General Motors Financial Co Inc                                                 | CUSIP: 37045XFE1<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   15000000 | PA      | $15130220.10   | 0.13%             | 2028-04-04      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| CONOCOPHILLIPS COMPANY         | ConocoPhillips Co                                                               | CUSIP: 20826FBV7<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |    4700000 | PA      | $4698902.55    | 0.04%             | 2027-07-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION EN GEN LLC       | Constellation Energy Generation LLC                                             | CUSIP: 210385AB6<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |   17324000 | PA      | $17707994.78   | 0.15%             | 2028-03-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust   | GS Mortgage Securities Trust 2016-GS3                                           | CUSIP: 36251PAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3309000 | PA      | $3283696.74    | 0.03%             | 2049-10-10      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust   | GS Mortgage Securities Trust 2016-GS2                                           | CUSIP: 36252TAR6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2659184 | PA      | $2655429.69    | 0.02%             | 2049-05-10      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| GEN LUX SARL/GEN USA INC       | Genpact Luxembourg SARL/Genpact USA Inc                                         | CUSIP: 37190AAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    7680000 | PA      | $7902298.37    | 0.07%             | 2029-06-04      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC           | Glencore Funding LLC                                                            | CUSIP: 378272AQ1<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |   12381000 | PA      | $12255623.68   | 0.10%             | 2027-10-27      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust   | GS Mortgage Securities Trust 2014-GC22                                          | CUSIP: 36253BAU7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3236483 | PA      | $3148652.83    | 0.03%             | 2047-06-10      | Fixed         | 3.86%                 | No            |                  2 | On Loan: No      |
| GM Financial Revolving Receiva | GM Financial Revolving Receivables Trust 2023-2                                 | CUSIP: 36268DAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   46450000 | PA      | $48051080.41   | 0.40%             | 2036-08-11      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC            | Global Payments Inc                                                             | CUSIP: 37940XAB8<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |   10000000 | PA      | $9431581.40    | 0.08%             | 2029-08-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC            | Global Payments Inc                                                             | CUSIP: 37940XAG7<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |   10000000 | PA      | $9818403.70    | 0.08%             | 2027-01-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC            | Global Payments Inc                                                             | CUSIP: 37940XAV4<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |   20000000 | PA      | $19804166.60   | 0.16%             | 2028-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC            | Global Payments Inc                                                             | CUSIP: 37940XBA9<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |   21800000 | PA      | $21703180.53   | 0.18%             | 2028-03-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC        | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GC77<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   15000000 | PA      | $15073284.90   | 0.13%             | 2028-04-23      | Variable      | 4.94%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC        | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GWV2<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   35000000 | PA      | $34526222.15   | 0.29%             | 2029-04-23      | Variable      | 3.81%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC        | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GWZ3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   10000000 | PA      | $9943574.90    | 0.08%             | 2029-05-01      | Variable      | 4.22%                 | No            |                  2 | On Loan: No      |
| GRAY OAK PIPELINE LLC          | Gray Oak Pipeline LLC                                                           | CUSIP: 38937LAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   17173000 | PA      | $16845625.26   | 0.14%             | 2027-10-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| GREAT AMERICA LEASING RECEIVAB | GreatAmerica Leasing Receivables Funding LLC Series 2024-2                      | CUSIP: 39154GAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   10375000 | PA      | $10474981.80   | 0.09%             | 2028-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BANK NA         | Morgan Stanley Bank NA                                                          | CUSIP: 61690U8B9<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |   19800000 | PA      | $20025183.42   | 0.17%             | 2028-05-26      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust | Morgan Stanley Capital I Trust 2017-H1                                          | CUSIP: 61691JAV6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7752450 | PA      | $7666045.84    | 0.06%             | 2050-06-15      | Fixed         | 3.53%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust      | Morgan Stanley Bank of America Merrill Lynch Trust 2016-C31                     | CUSIP: 61766RAZ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2800000 | PA      | $2777243.00    | 0.02%             | 2049-11-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust      | Morgan Stanley Bank of America Merrill Lynch Trust 2017-C34                     | CUSIP: 61767EAE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    8030000 | PA      | $7926445.12    | 0.07%             | 2052-11-15      | Fixed         | 3.54%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust | Morgan Stanley Capital I Trust 2019-L2                                          | CUSIP: 61768HAW6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3000000 | PA      | $2957338.80    | 0.02%             | 2052-03-15      | Fixed         | 4.07%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC           | Glencore Funding LLC                                                            | CUSIP: 378272BR8<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |   29875000 | PA      | $30113667.49   | 0.25%             | 2027-04-04      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC           | Glencore Funding LLC                                                            | CUSIP: 378272BS6<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    3575000 | PA      | $3649343.63    | 0.03%             | 2029-04-04      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC           | Glencore Funding LLC                                                            | CUSIP: 378272BY3<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |   10000000 | PA      | $10075330.60   | 0.08%             | 2028-04-01      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| MFRA Trust                     | MFA 2022-INV3 Trust                                                             | CUSIP: 55284PAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   13330644 | PA      | $13145276.90   | 0.11%             | 2066-12-25      | Variable      | 5.11%                 | No            |                  2 | On Loan: No      |
| MOSAIC CO                      | Mosaic Co/The                                                                   | CUSIP: 61945CAJ2<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | DBT              | CORP              | US        |   18325000 | PA      | $18228012.01   | 0.15%             | 2029-01-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| MUTUAL OF OMAHA GLOBAL         | Mutual of Omaha Cos Global Funding                                              | CUSIP: 62829D2D1<br>LEI: 635400AL5J3F1ZPTAN95 | Long             | DBT              | CORP              | US        |   23450000 | PA      | $23656174.75   | 0.20%             | 2027-04-09      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| MASTR Alternative Loans Trust  | MASTR Alternative Loan Trust 2003-5                                             | CUSIP: 576434FJ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       2026 | PA      | $1997.68       | 0.00%             | 2026-11-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN NA           | Mercedes-Benz Finance North America LLC                                         | CUSIP: 58769JBP1<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |   48500000 | PA      | $48149803.81   | 0.40%             | 2029-03-10      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MYLAN INC                      | Mylan Inc                                                                       | CUSIP: 628530BK2<br>LEI: 30ZMPDNA1RHIBH89C294 | Long             | DBT              | CORP              | US        |    4200000 | PA      | $4178391.08    | 0.03%             | 2028-04-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| 180 MEDICAL INC                | 180 Medical Inc                                                                 | CUSIP: 682357AA6<br>LEI: 254900ZB648OPWVFVX59 | Long             | DBT              | CORP              | US        |   23570000 | PA      | $22898057.01   | 0.19%             | 2029-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| 7-ELEVEN INC                   | 7-Eleven Inc                                                                    | CUSIP: 817826AD2<br>LEI: 549300K23JPL0SS3LB18 | Long             | DBT              | CORP              | US        |    3000000 | PA      | $2829819.39    | 0.02%             | 2028-02-10      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| SPRINT CAPITAL CORP            | Sprint Capital Corp                                                             | CUSIP: 852060AD4<br>LEI: 549300L17W0GQBR1PO80 | Long             | DBT              | CORP              | US        |   35118000 | PA      | $37130570.44   | 0.31%             | 2028-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| METRO DETROIT HOSPITAL         | Metropolitan Detroit Area Hospital Services Inc                                 | CUSIP: 591863AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3495000 | PA      | $3435129.53    | 0.03%             | 2029-12-01      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| MICROCHIP TECHNOLOGY INC       | Microchip Technology Inc                                                        | CUSIP: 595017BK9<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |   29796000 | PA      | $29976381.41   | 0.25%             | 2028-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC         | Standard Chartered PLC                                                          | CUSIP: 853254CW8<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |   14675000 | PA      | $14934191.32   | 0.12%             | 2028-02-08      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC         | Standard Chartered PLC                                                          | CUSIP: 85325C2D3<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    9585000 | PA      | $9726442.68    | 0.08%             | 2029-01-21      | Variable      | 5.54%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HSG FIN AGY       | Minnesota Housing Finance Agency                                                | CUSIP: 60416TSV1<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    1275000 | PA      | $1258433.16    | 0.01%             | 2047-01-01      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI ST HOSP EQUIPMENT  | Mississippi Hospital Equipment & Facilities Authority                           | CUSIP: 605360SE7<br>LEI: 549300DW2GVUIGE04396 | Long             | DBT              | MUN               | US        |    8000000 | PA      | $7974795.20    | 0.07%             | 2026-09-01      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| MOLEX ELECTRONICS TECH         | Molex Electronic Technologies LLC                                               | CUSIP: 60856BAE4<br>LEI: 549300WTBVUFUPSIWI20 | Long             | DBT              | CORP              | US        |   49094000 | PA      | $49303451.70   | 0.41%             | 2028-04-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                 | Morgan Stanley                                                                  | CUSIP: 61747YFD2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   11000000 | PA      | $11126700.20   | 0.09%             | 2029-04-20      | Variable      | 5.16%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                 | Morgan Stanley                                                                  | CUSIP: 61748UAK8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   14500000 | PA      | $14331774.92   | 0.12%             | 2029-10-18      | Variable      | 4.13%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                 | Morgan Stanley                                                                  | CUSIP: 61748UAR3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    5000000 | PA      | $4949542.50    | 0.04%             | 2030-01-09      | Variable      | 4.24%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust      | Morgan Stanley Bank of America Merrill Lynch Trust 2016-C28                     | CUSIP: 61766LBS7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6599961 | PA      | $6583366.30    | 0.05%             | 2049-01-15      | Fixed         | 3.54%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP            | Medline Borrower LP                                                             | CUSIP: 62482BAA0<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |   32445000 | PA      | $31386053.60   | 0.26%             | 2029-04-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust      | Towd Point Mortgage Trust 2020-MH1                                              | CUSIP: 89178YAH7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1968729 | PA      | $1937895.69    | 0.02%             | 2060-02-25      | Variable      | 2.18%                 | No            |                  2 | On Loan: No      |
| Toyota Lease Owner Trust       | Toyota Lease Owner Trust 2026-A                                                 | CUSIP: 89240MAD6<br>LEI: 2549000O9PUL1ASSQJ88 | Long             | ABS-O            | CORP              | US        |    9375000 | PA      | $9314143.13    | 0.08%             | 2029-02-20      | Fixed         | 3.82%                 | No            |                  2 | On Loan: No      |
| STEEL DYNAMICS INC             | Steel Dynamics Inc                                                              | CUSIP: 858119BU3<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |   41900000 | PA      | $41444689.46   | 0.35%             | 2028-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STELLANTIS FIN US INC          | Stellantis Finance US Inc                                                       | CUSIP: 85855CAA8<br>LEI: 549300QZ0AI8Q7LNON33 | Long             | DBT              | CORP              | US        |   21379000 | PA      | $20850257.35   | 0.17%             | 2027-01-29      | Fixed         | 1.71%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust      | Towd Point Mortgage Trust 2017-6                                                | CUSIP: 89175JAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    8372823 | PA      | $8269265.54    | 0.07%             | 2057-10-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust      | Towd Point Mortgage Trust 2018-3                                                | CUSIP: 89175MAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1790144 | PA      | $1755889.58    | 0.01%             | 2058-05-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| TRITON CONTAINER               | Triton Container International Ltd                                              | CUSIP: 89680YAA3<br>LEI: 549300O4LZFLCX53XZ54 | Long             | DBT              | CORP              | BM        |   20788000 | PA      | $20765766.82   | 0.17%             | 2026-04-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| TYSON FOODS INC                | Tyson Foods Inc                                                                 | CUSIP: 902494BK8<br>LEI: WD6L6041MNRW1JE49D58 | Long             | DBT              | CORP              | US        |   23895000 | PA      | $23817313.29   | 0.20%             | 2029-03-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust  | UBS Commercial Mortgage Trust 2018-C8                                           | CUSIP: 90276VAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6893000 | PA      | $6780188.47    | 0.06%             | 2051-02-15      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust  | UBS Commercial Mortgage Trust 2018-C11                                          | CUSIP: 90276XAV7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   12825000 | PA      | $12722594.94   | 0.11%             | 2051-06-15      | Variable      | 4.24%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust      | Towd Point Mortgage Trust 2018-6                                                | CUSIP: 89176LAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     287001 | PA      | $285769.69     | 0.00%             | 2058-03-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust      | Towd Point Mortgage Trust 2019-4                                                | CUSIP: 89178BAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3993176 | PA      | $3838048.62    | 0.03%             | 2059-10-25      | Variable      | 2.90%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust  | UBS Commercial Mortgage Trust 2019-C16                                          | CUSIP: 90276YAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3650000 | PA      | $3527886.70    | 0.03%             | 2052-04-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust  | UBS Commercial Mortgage Trust 2018-C9                                           | CUSIP: 90291JAW7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   10000000 | PA      | $9847059.00    | 0.08%             | 2051-03-15      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| CVS PASS-THROUGH TRUST         | CVS Pass-Through Trust                                                          | CUSIP: 126650BP4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   16102141 | PA      | $16253296.66   | 0.14%             | 2028-12-10      | Fixed         | 6.04%                 | No            |                  2 | On Loan: No      |
| CVS PASS-THROUGH TRUST         | CVS Pass-Through Trust                                                          | CUSIP: 126650BQ2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4903256 | PA      | $5048277.11    | 0.04%             | 2030-01-10      | Fixed         | 6.94%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCK FINAN NA         | Daimler Truck Finance North America LLC                                         | CUSIP: 233853AY6<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |   20000000 | PA      | $20161852.40   | 0.17%             | 2027-09-25      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCK FINAN NA         | Daimler Truck Finance North America LLC                                         | CUSIP: 233853BG4<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |   22275000 | PA      | $22232121.07   | 0.19%             | 2027-08-12      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| AGCO CORP                      | AGCO Corp                                                                       | CUSIP: 001084AR3<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | DBT              | CORP              | US        |   12000000 | PA      | $12081742.08   | 0.10%             | 2027-03-21      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| AIB GROUP PLC                  | AIB Group PLC                                                                   | CUSIP: 00135TAD6<br>LEI: 635400AKJBGNS5WNQL34 | Long             | DBT              | CORP              | IE        |   37724000 | PA      | $39481593.23   | 0.33%             | 2029-09-13      | Variable      | 6.61%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA       | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                       | CUSIP: 00774MAR6<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    7300000 | PA      | $7308816.06    | 0.06%             | 2027-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA       | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                       | CUSIP: 00774MBC8<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   23000000 | PA      | $23564911.97   | 0.20%             | 2028-06-06      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA       | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                       | CUSIP: 00774MBT1<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   12000000 | PA      | $11837670.84   | 0.10%             | 2029-02-28      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                 | Air Lease Corp                                                                  | CUSIP: 00914AAT9<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    2668000 | PA      | $2723737.19    | 0.02%             | 2027-12-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| AIRCASTLE LTD                  | Aircastle Ltd                                                                   | CUSIP: 00928QAU5<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |   23114000 | PA      | $22391735.35   | 0.19%             | 2028-01-26      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| AIRCASTLE LTD                  | Aircastle Ltd                                                                   | CUSIP: 00928QAX9<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |   22700000 | PA      | $23534396.61   | 0.20%             | 2028-07-18      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| AKER BP ASA                    | Aker BP ASA                                                                     | CUSIP: 00973RAL7<br>LEI: 549300NFTY73920OYK69 | Long             | DBT              | CORP              | NO        |   32255000 | PA      | $32907095.46   | 0.27%             | 2028-06-13      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| ALASKA ST INDL DEV & EXPORT AU | Alaska Industrial Development & Export Authority                                | CUSIP: 011903BT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    2295000 | PA      | $2296852.75    | 0.02%             | 2030-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ALLEGION US HOLDING CO         | Allegion US Holding Co Inc                                                      | CUSIP: 01748NAE4<br>LEI: 5493002B66JX7J7SXI33 | Long             | DBT              | CORP              | US        |    3914000 | PA      | $3858255.56    | 0.03%             | 2027-10-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| ALLIANT ENERGY FINANCE         | Alliant Energy Finance LLC                                                      | CUSIP: 01882YAB2<br>LEI: 54930033ER6EOI5DL570 | Long             | DBT              | CORP              | US        |   20716000 | PA      | $20582440.43   | 0.17%             | 2028-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BRITISH TELECOMMUNICATIO       | British Telecommunications PLC                                                  | CUSIP: 11102AAE1<br>LEI: 549300OWFMSO9NYV4H90 | Long             | DBT              | CORP              | GB        |    6530000 | PA      | $6270686.32    | 0.05%             | 2029-11-08      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                   | Broadcom Inc                                                                    | CUSIP: 11135FBZ3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   17877000 | PA      | $18060335.79   | 0.15%             | 2027-07-12      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| BROCKTON MA                    | City of Brockton MA                                                             | CUSIP: 111746AL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    8950000 | PA      | $9064829.40    | 0.08%             | 2027-08-01      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| BROOKLYN UNION GAS CO          | Brooklyn Union Gas Co/The                                                       | CUSIP: 114259AV6<br>LEI: 83BQ1DXS6VA5GZFK8S35 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $999775.76     | 0.01%             | 2027-08-05      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN INC              | Brown & Brown Inc                                                               | CUSIP: 115236AJ0<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |   13397000 | PA      | $13435768.91   | 0.11%             | 2028-06-23      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| BRUNSWICK CORP                 | Brunswick Corp/DE                                                               | CUSIP: 117043AW9<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $1023258.82    | 0.01%             | 2029-03-18      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust            | COMM 2017-COR2 Mortgage Trust                                                   | CUSIP: 12595EAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   22289000 | PA      | $22010345.15   | 0.18%             | 2050-09-10      | Fixed         | 3.51%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE | California Municipal Finance Authority                                          | CUSIP: 13048V2V9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    5000000 | PA      | $5000608.00    | 0.04%             | 2030-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE | California Municipal Finance Authority                                          | CUSIP: 13048V2W7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   10050000 | PA      | $10050732.65   | 0.08%             | 2029-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CAMPBELLS COMPANY/THE          | Campbell's Company/The                                                          | CUSIP: 134429BM0<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |    7000000 | PA      | $7037634.73    | 0.06%             | 2027-03-19      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK         | Canadian Imperial Bank of Commerce                                              | CUSIP: 13607L8C0<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |   50000000 | PA      | $50548599.00   | 0.42%             | 2027-06-28      | Fixed         | 5.24%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RESOURCES        | Canadian Natural Resources Ltd                                                  | CUSIP: 136385AX9<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |    6092000 | PA      | $6057446.60    | 0.05%             | 2027-06-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| CANTOR FITZGERALD LP           | Cantor Fitzgerald LP                                                            | CUSIP: 138616AK3<br>LEI: 549300RLUEEVQEMX0450 | Long             | DBT              | CORP              | US        |   15000000 | PA      | $14951355.15   | 0.12%             | 2027-04-14      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO       | Capital One Financial Corp                                                      | CUSIP: 14040HCZ6<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   31000000 | PA      | $32054439.58   | 0.27%             | 2029-06-08      | Variable      | 6.31%                 | No            |                  2 | On Loan: No      |
| CLEVELAND ELECTRIC ILLUM       | Cleveland Electric Illuminating Co/The                                          | CUSIP: 186108CK0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   23394000 | PA      | $22912238.94   | 0.19%             | 2028-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CNO GLOBAL FUNDING             | CNO Global Funding                                                              | CUSIP: 18977W2D1<br>LEI: 6354008GTNR4833ULD48 | Long             | DBT              | CORP              | US        |   35000000 | PA      | $35478587.55   | 0.30%             | 2027-06-04      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CNO GLOBAL FUNDING             | CNO Global Funding                                                              | CUSIP: 18977W2G4<br>LEI: 6354008GTNR4833ULD48 | Long             | DBT              | CORP              | US        |    8500000 | PA      | $8519819.03    | 0.07%             | 2027-12-10      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CNO GLOBAL FUNDING             | CNO Global Funding                                                              | CUSIP: 18977W2H2<br>LEI: 6354008GTNR4833ULD48 | Long             | DBT              | CORP              | US        |   11000000 | PA      | $10906221.59   | 0.09%             | 2028-09-08      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC               | COLT 2020-RPL1 Trust                                                            | CUSIP: 19687YAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   13892408 | PA      | $11875370.85   | 0.10%             | 2065-01-25      | Variable      | 1.39%                 | No            |                  2 | On Loan: No      |
| COLUMBIA PIPELINE HOLDCO       | Columbia Pipelines Holding Co LLC                                               | CUSIP: 19828AAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   35761000 | PA      | $36923004.70   | 0.31%             | 2028-08-15      | Fixed         | 6.04%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE NA                 | Capital One NA                                                                  | CUSIP: 25466AAN1<br>LEI: 207ALC1P1YM0OVDV0K75 | Long             | DBT              | CORP              | US        |   16000000 | PA      | $16389190.88   | 0.14%             | 2028-08-09      | Variable      | 5.97%                 | No            |                  2 | On Loan: No      |
| EVERGY KANSAS CENTRAL          | Evergy Kansas Central Inc                                                       | CUSIP: 30036FAE1<br>LEI: J75GNWGEO73W89ZV3S44 | Long             | DBT              | CORP              | US        |    9850000 | PA      | $9895443.27    | 0.08%             | 2028-03-13      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| EVERNORTH HEALTH INC           | Evernorth Health Inc                                                            | CUSIP: 30219GAN8<br>LEI: 5493003UA6VMND084504 | Long             | DBT              | CORP              | US        |    5500000 | PA      | $5449148.38    | 0.05%             | 2027-03-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC       | Ford Motor Credit Co LLC                                                        | CUSIP: 345397G72<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    3550000 | PA      | $3594993.77    | 0.03%             | 2028-03-20      | Fixed         | 5.92%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC       | Ford Motor Credit Co LLC                                                        | CUSIP: 345397J20<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    2075000 | PA      | $2049399.52    | 0.02%             | 2029-04-06      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC       | Ford Motor Credit Co LLC                                                        | CUSIP: 345397ZW6<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   26417000 | PA      | $26380009.60   | 0.22%             | 2026-08-01      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| FREEPORT-MCMORAN INC           | Freeport-McMoRan Inc                                                            | CUSIP: 35671DCE3<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |   11640000 | PA      | $11544294.64   | 0.10%             | 2028-03-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| JPMDB Commercial Mortgage Secu | JPMDB Commercial Mortgage Securities Trust 2017-C5                              | CUSIP: 46590TAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   13410000 | PA      | $13232102.94   | 0.11%             | 2050-03-15      | Fixed         | 3.69%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor | JPMCC Commercial Mortgage Securities Trust 2017-JP7                             | CUSIP: 465968AE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   22400000 | PA      | $22134181.44   | 0.18%             | 2050-09-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Secu | JPMBB Commercial Mortgage Securities Trust 2014-C24                             | CUSIP: 46643GAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     675724 | PA      | $662881.21     | 0.01%             | 2047-11-15      | Fixed         | 3.64%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Secu | JPMBB Commercial Mortgage Securities Trust 2014-C25                             | CUSIP: 46643PBE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     525484 | PA      | $519566.81     | 0.00%             | 2047-11-15      | Fixed         | 3.67%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Secu | JPMBB Commercial Mortgage Securities Trust 2015-C27                             | CUSIP: 46644ABF8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     303426 | PA      | $298054.95     | 0.00%             | 2048-02-15      | Fixed         | 3.18%                 | No            |                  2 | On Loan: No      |
| JPMDB Commercial Mortgage Secu | JPMDB Commercial Mortgage Securities Trust 2016-C4                              | CUSIP: 46646RAJ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   15165000 | PA      | $14999234.42   | 0.12%             | 2049-12-15      | Fixed         | 3.14%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO            | JPMorgan Chase & Co                                                             | CUSIP: 46647PAV8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    8000000 | PA      | $7954008.32    | 0.07%             | 2029-07-23      | Variable      | 4.20%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO            | JPMorgan Chase & Co                                                             | CUSIP: 46647PDX1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   13000000 | PA      | $13508023.88   | 0.11%             | 2029-10-23      | Variable      | 6.09%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO            | JPMorgan Chase & Co                                                             | CUSIP: 46647PEE2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   27200000 | PA      | $27532089.15   | 0.23%             | 2028-04-22      | Variable      | 5.57%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO            | JPMorgan Chase & Co                                                             | CUSIP: 46647PEP7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   10000000 | PA      | $9997882.00    | 0.08%             | 2028-10-22      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| KBC GROUP NV                   | KBC Group NV                                                                    | CUSIP: 48241FAB0<br>LEI: 213800X3Q9LSAKRUWY91 | Long             | DBT              | CORP              | BE        |   41951000 | PA      | $42871933.94   | 0.36%             | 2029-01-19      | Variable      | 5.80%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC           | Keurig Dr Pepper Inc                                                            | CUSIP: 49271VAF7<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |    5000000 | PA      | $4998469.00    | 0.04%             | 2028-05-25      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC           | Keurig Dr Pepper Inc                                                            | CUSIP: 49271VAT7<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |   14758000 | PA      | $14918581.80   | 0.12%             | 2029-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC           | Keurig Dr Pepper Inc                                                            | CUSIP: 49271VAZ3<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |   14000000 | PA      | $13949995.64   | 0.12%             | 2028-05-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| KOREA NATIONAL OIL CORP        | Korea National Oil Corp                                                         | CUSIP: 50065LAJ9<br>LEI: 988400ZTQ08W926ONT36 | Long             | DBT              | CORP              | KR        |   20000000 | PA      | $19953954.60   | 0.17%             | 2027-09-30      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| KYNDRYL HOLDINGS INC           | Kyndryl Holdings Inc                                                            | CUSIP: 50155QAJ9<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | DBT              | CORP              | US        |   59013000 | PA      | $58055234.35   | 0.48%             | 2026-10-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| CITIZENS BANK NA/RI            | Citizens Bank NA/Providence RI                                                  | CUSIP: 75524KSA3<br>LEI: DRMSV1Q0EKMEXLAU1P80 | Long             | DBT              | CORP              | US        |   22625000 | PA      | $22482989.66   | 0.19%             | 2029-01-29      | Variable      | 4.19%                 | No            |                  2 | On Loan: No      |
| SOUTH BOW USA INFRA HLDS       | South Bow USA Infrastructure Holdings LLC                                       | CUSIP: 83007CAD4<br>LEI: 254900Z1WAY7QFQ7O850 | Long             | DBT              | CORP              | US        |    8000000 | PA      | $8051543.52    | 0.07%             | 2029-10-01      | Fixed         | 5.03%                 | No            |                  2 | On Loan: No      |
| SYENSQO FINANCE AMERICA        | Syensqo Finance America LLC                                                     | CUSIP: 834423AE5<br>LEI: 54930073OEL5K0Y7NK81 | Long             | DBT              | CORP              | US        |   10000000 | PA      | $10234507.00   | 0.09%             | 2029-06-04      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| SOUTHCENTRL PA GEN AUTH REVENU | General Authority of Southcentral Pennsylvania                                  | CUSIP: 84129NMN6<br>LEI: 549300QBNU5LBV4QX812 | Long             | DBT              | MUN               | US        |    4750000 | PA      | $4752432.00    | 0.04%             | 2050-05-01      | Variable      | 5.10%                 | No            |                  2 | On Loan: No      |
| SOUTHCENTRL PA GEN AUTH REVENU | General Authority of Southcentral Pennsylvania                                  | CUSIP: 84129NMP1<br>LEI: 549300QBNU5LBV4QX812 | Long             | DBT              | MUN               | US        |    6855000 | PA      | $6846424.40    | 0.06%             | 2050-05-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| STORE CAPITAL LLC              | Store Capital LLC                                                               | CUSIP: 862121AB6<br>LEI: 254900Z9PIEFQ6AYXK50 | Long             | DBT              | CORP              | US        |    6257000 | PA      | $6190277.60    | 0.05%             | 2029-03-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Structured Asset Securities Co | Structured Asset Securities Corp                                                | CUSIP: 86359BHM6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       2111 | PA      | $2100.24       | 0.00%             | 2034-02-25      | Variable      | 5.05%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP       | Sumitomo Mitsui Financial Group Inc                                             | CUSIP: 86562MEJ5<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |   10000000 | PA      | $9912512.70    | 0.08%             | 2029-01-15      | Fixed         | 4.11%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI TR BK LT       | Sumitomo Mitsui Trust Bank Ltd                                                  | CUSIP: 86563VBT5<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |   18150000 | PA      | $18198835.12   | 0.15%             | 2027-09-10      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| SVENSKA HANDELSBANKEN AB       | Svenska Handelsbanken AB                                                        | CUSIP: 86959LAP8<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | DBT              | CORP              | SE        |    3555000 | PA      | $3631076.18    | 0.03%             | 2028-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SYNOPSYS INC                   | Synopsys Inc                                                                    | CUSIP: 871607AB3<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |   13000000 | PA      | $13047679.32   | 0.11%             | 2028-04-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| TD SYNNEX CORP                 | TD SYNNEX Corp                                                                  | CUSIP: 87162WAM2<br>LEI: 5493004HI6PFLF46NS53 | Long             | DBT              | CORP              | US        |   34100000 | PA      | $33721092.05   | 0.28%             | 2029-01-17      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY FINANCIAL            | Synchrony Financial                                                             | CUSIP: 87165BAM5<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |   42500000 | PA      | $41974334.50   | 0.35%             | 2027-12-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY BANK                 | Synchrony Bank                                                                  | CUSIP: 87166FAE3<br>LEI: 549300UATVPGSLE43Z27 | Long             | DBT              | CORP              | US        |   10367000 | PA      | $10481257.20   | 0.09%             | 2027-08-23      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Synchrony Card Issuance Trust  | Synchrony Card Issuance Trust                                                   | CUSIP: 87166PAP6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   30940000 | PA      | $31244322.75   | 0.26%             | 2031-02-15      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP           | Targa Resources Corp                                                            | CUSIP: 87612GAR2<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |   23200000 | PA      | $23102826.80   | 0.19%             | 2029-01-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| TENNERGY CORP TN GAS REVENUE   | Tennergy Corp/TN                                                                | CUSIP: 880397CL6<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |    1150000 | PA      | $1152975.05    | 0.01%             | 2026-06-01      | Fixed         | 5.97%                 | No            |                  2 | On Loan: No      |
| TENNERGY CORP TN GAS REVENUE   | Tennergy Corp/TN                                                                | CUSIP: 880397CM4<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |     800000 | PA      | $814692.08     | 0.01%             | 2027-06-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| TEXAS GAS TRANSMISSION         | Texas Gas Transmission LLC                                                      | CUSIP: 882440AN0<br>LEI: 5493007BYWIIO8XE6C79 | Long             | DBT              | CORP              | US        |    5100000 | PA      | $5256128.70    | 0.04%             | 2027-07-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Thornburg Mortgage Securities  | Thornburg Mortgage Securities Trust 2003-5                                      | CUSIP: 885220ED1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     805191 | PA      | $764164.02     | 0.01%             | 2043-10-25      | Variable      | 4.77%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust      | Towd Point Mortgage Trust 2017-4                                                | CUSIP: 89173UAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4159671 | PA      | $4092383.68    | 0.03%             | 2057-06-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-22

**Name of Applicant:** Baird Funds Inc

**Signature:** Baird Funds Inc

**Name of Signer:** Peter Hammond

**Title:** Vice President