# EDGAR Filing Document

**Accession Number:** 0002042316
**File Stem:** 0001004726-26-005226
**Filing Date:** 2026-6
**Character Count:** 529821
**Document Hash:** aa5fdd264f94896a7208218e89d57f11
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-26-005226.hdr.sgml**: 20260625

**ACCESSION NUMBER**: 0001004726-26-005226

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260625

**DATE AS OF CHANGE**: 20260625

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Victory Portfolios IV
- **CENTRAL INDEX KEY:** 0002042316

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-24019
- **FILM NUMBER:** 261120142

**BUSINESS ADDRESS:**
- **STREET 1:** 15935 LA CANTERA PARKWAY
- **CITY:** SAN ANTONIO
- **STATE:** TX
- **ZIP:** 78256
- **BUSINESS PHONE:** (210) 697-3624

**MAIL ADDRESS:**
- **STREET 1:** 15935 LA CANTERA PARKWAY
- **CITY:** SAN ANTONIO
- **STATE:** TX
- **ZIP:** 78256

## Series and Classes Contracts Data

### Victory Pioneer Balanced Fund (Series ID: S000089820)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000256620 | Class C      | PCBCX           |
| C000256621 | Class R6     | PCBKX           |
| C000256622 | Class Y      | AYBLX           |
| C000256623 | Class A      | AOBLX           |

## Nport-Ex

Schedule

of

Portfolio

Investments

April

30,

2026

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Balanced

#### Fund

(Unaudited)

Security

Description

Principal

Amount

(000) a

Value

(000) Asset-Backed

Securities

(2.8%)

ABS

Auto

(1.4%):

American

Credit

Acceptance

Receivables

Trust

.................................

Series

2024-3,

Class

D,

6.04%,

7/12/30,

Callable

10/12/27

@

100(a)

..............

$

$

Series

2025-2,

Class

D,

5.50%,

8/12/31,

Callable

7/12/28

@

100(a)

...............

Series

2025-4,

Class

D,

5.25%,

9/12/31,

Callable

6/12/28

@

100(a)

...............

Avis

Budget

Rental

Car

Funding

AESOP

LLC

..................................

Series

2024-1A,

Class

B,

5.85%,

6/20/30,

Callable

6/20/29

@

100(a)

..............

Series

2024-1A,

Class

C,

6.48%,

6/20/30,

Callable

6/20/29

@

100(a)

..............

Drive

Auto

Receivables

Trust,

Series

2025-1,

Class

D,

5.41%,

9/15/32,

Callable

10/15/28

@

.............................................................

Exeter

Automobile

Receivables

Trust

.........................................

Series

2023-5A,

Class

D,

7.13%,

2/15/30,

Callable

7/15/28

@

................

Series

2024-3A,

Class

D,

5.98%,

9/16/30,

Callable

12/15/28

@

...............

Series

2024-4A,

Class

D,

5.81%,

12/16/30,

Callable

12/15/28

@

..............

780

795

Series

2024-5A,

Class

D,

5.06%,

2/18/31,

Callable

10/15/28

@

...............

Series

2025-3A,

Class

D,

5.57%,

10/15/31,

Callable

5/15/29

@

...............

GLS

Auto

Receivables

Issuer

Trust

..........................................

Series

2023-4A,

Class

D,

7.18%,

8/15/29,

Callable

6/15/28

@

100(a)

..............

Series

2024-2A,

Class

D,

6.19%,

2/15/30,

Callable

8/15/28

@

100(a)

..............

Series

2024-3A,

Class

D,

5.53%,

2/18/31,

Callable

11/15/28

@

100(a)

.............

530

535

Series

2025-2A,

Class

D,

5.59%,

1/15/31,

Callable

5/15/29

@

100(a)

..............

GLS

Auto

Select

Receivables

Trust,

Series

2024-4A,

Class

D,

5.28%,

10/15/31,

Callable

12/15/28

@

100(a)

..................................................

Hertz

Vehicle

Financing

III

LLC

............................................

Series

2024-1A,

Class

C,

6.70%,

1/25/29,

Callable

1/25/28

@

100(a)

..............

Series

2024-2A,

Class

C,

6.70%,

1/27/31,

Callable

1/25/30

@

100(a)

..............

Merchants

Fleet

Funding

LLC

..............................................

Series

2024-1A,

Class

C,

6.18%,

4/20/37,

Callable

2/20/27

@

100(a)

..............

Series

2024-1A,

Class

D,

6.85%,

4/20/37,

Callable

2/20/27

@

100(a)

..............

Series

2025-1A,

Class

A,

4.49%,

1/20/39

,

Callable

5/20/29

@

100(a)

..............

Prestige

Auto

Receivables

Trust

............................................

Series

2024-2A,

Class

D,

5.15%,

7/15/30,

Callable

9/15/28

@

100(a)

..............

Series

2025-1A,

Class

D,

6.02%,

7/15/31,

Callable

3/15/29

@

100(a)

..............

Santander

Bank

Auto

Credit-Linked

Notes,

Series

2024-A,

Class

E,

7.76%,

6/15/32,

Callable

7/15/28

@

100(a)

...................................................

Santander

Drive

Auto

Receivables

Trust

.......................................

Series

2024-2,

Class

D,

6.28%,

8/15/31,

Callable

1/15/28

@

.................

Series

2024-4,

Class

D,

5.32%,

12/15/31,

Callable

2/15/28

@

................

Tricolor

Auto

Securitization

Trust

...........................................

Series

2024-2A,

Class

C,

0.00%,

4/17/28(a)(b)

..............................

Series

2024-3A,

Class

C,

0.00%,

12/15/28

,

Callable

10/15/27

@

100(a)(b)

..........

Veros

Auto

Receivables

Trust,

Series

2026-1,

Class

A,

4.53%,

8/15/28(a)

...............

VStrong

Auto

Receivables

Trust,

Series

2023-A,

Class

D,

9.31%,

2/15/30,

Callable

7/15/28

@

100(a)

...........................................................

Westlake

Automobile

Receivables

Trust,

Series

2024-2A,

Class

D,

5.91%,

4/15/30,

Callable

1/15/28

@

100(a)

...................................................

6,402

ABS

Card

(0.1%):

Continental

Finance

Credit

Card

ABS

Master

Trust,

Series

2024-A,

Class

A,

5.78%,

12/15/32,

Callable

9/15/27

@

100(a)

............................................

Mission

Lane

Credit

Card

Master

Trust

.......................................

Series

2024-B,

Class

A,

5.88%,

1/15/30(a)

.................................

Series

2024-B,

Class

B,

6.32%,

1/15/30(a)

.................................

ABS

Home

(0.1%):

GS

Mortgage-Backed

Securities

Trust,

Series

2025-CES1,

Class

A1A,

5.57%,

5/25/55,

Callable

3/25/28

@

100(a)(c)

..........................................

Vista

Point

Securitization

Trust,

Series

2024-CES1,

Class

A1,

6.68%,

5/25/54,

Callable

5/25/27

@

100(a)(c)

.......................................................

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Balanced

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

Security

Description

Principal

Amount

(000) a

Value

(000) ABS

Other

(1.2%):

Accelerated

Assets

LLC,

Series

2021-1H,

Class

C,

2.35%,

10/20/40,

Callable

4/15/28

@

100(a)

...........................................................

$

$

ACHM

Trust,

Series

2024-HE2,

Class

A,

5.35%,

10/25/39,

Callable

2/25/30

@

100(a)

.....

Amur

Equipment

Finance

Receivables

XI

LLC,

Series

2022-2A,

Class

D,

7.25%,

5/21/29,

Callable

8/20/26

@

100(a)

............................................

Amur

Equipment

Finance

Receivables

XII

LLC,

Series

2023-1A,

Class

C,

6.36%,

12/20/29,

Callable

6/20/27

@

100(a)

............................................

Amur

Equipment

Finance

Receivables

XIV

LLC,

Series

2024-2A,

Class

D,

5.97%,

10/20/31,

Callable

8/20/28

@

100(a)

............................................

Blackbird

Capital

II

Aircraft

Lease

Ltd.,

Series

2021-1A,

Class

A,

2.44%,

7/15/46,

Callable

7/15/28

@

100(a)

...................................................

Cascade

MH

Asset

Trust

..................................................

Series

2019-MH1,

Class

A,

4.00%,

11/25/44,

Callable

5/25/26

@

100(a)

(c) .........

Series

2021-MH1,

Class

M1,

2.99%,

2/25/46,

Callable

6/25/36

@

100(a)

...........

CFMT

LLC

...........................................................

Series

2022-HB9,

Class

M3,

3.25%,

9/25/37,

Callable

9/25/27

@

100(a)(c)

.........

Series

2024-HB13,

Class

A,

3.00%,

5/25/34,

Callable

12/25/26

@

100(a)(c)

.........

Series

2024-HB13,

Class

M2,

3.00%,

5/25/34,

Callable

12/25/26

@

100(a)(c)

.......

CoreVest

American

Finance

Trust,

Series

2020-3,

Class

A,

1.36%,

8/15/53,

Callable

7/15/30

@

100(a)

...........................................................

Crockett

Partners

Equipment

Co.

IIA

LLC,

Series

2024-1C,

Class

A,

6.05%,

1/20/31,

Callable

4/20/29

@

100(a)

...................................................

DataBank

Issuer,

Series

2024-1A,

Class

A2,

5.30%,

1/26/54,

Callable

1/25/27

@

100(a)

....

Dell

Equipment

Finance

Trust,

Series

2024-1,

Class

D,

6.12%,

9/23/30,

Callable

11/22/26

@

100(a)

...........................................................

FIGRE

Trust

..........................................................

Series

2024-HE3,

Class

A,

5.94%,

7/25/54,

Callable

4/25/27

@

100(a)(c)

...........

Series

2024-HE6,

Class

A,

5.72%,

12/25/54,

Callable

11/25/27

@

100(a)(c)

.........

Series

2025-HE1,

Class

A,

5.83%,

1/25/55,

Callable

2/25/28

@

100(a)(c)

...........

Series

2025-HE2,

Class

A,

5.78%,

3/25/55,

Callable

10/25/27

@

100(a)(c)

..........

Series

2025-HE5,

Class

A,

5.29%,

8/25/55,

Callable

2/25/28

@

100(a)(c)

...........

Series

2025-HE8,

Class

A,

5.21%,

11/25/55,

Callable

3/25/31

@

100(a)(c)

..........

Foundation

Finance

Trust,

Series

2021-1A,

Class

A,

1.27%,

5/15/41,

Callable

2/15/28

@

100(a)

...........................................................

GS

Mortgage-Backed

Securities

Trust

........................................

Series

2025-HE1,

Class

A1,

5.20%

(SOFR30A+155bps),

10/25/55,

Callable

7/25/28

@

100(a)(d)

.........................................................

Series

2025-SL1,

Class

A1,

5.85%,

11/25/67

,

Callable

3/25/28

@

100(a)(c)

.........

Home

Partners

of

America

Trust

............................................

Series

2019-1,

Class

D,

3.41%,

9/17/39,

Callable

5/17/26

@

100(a)(e)

.............

Series

2019-2,

Class

E,

3.32%,

10/19/39,

Callable

5/17/26

@

100(a)(e)

............

HPEFS

Equipment

Trust,

Series

2024-2A,

Class

D,

5.82%,

4/20/32,

Callable

1/20/28

@

100(a)

Libra

Solutions

LLC,

Series

2024-1A,

Class

A,

5.88%,

9/30/38(a)

....................

Mosaic

Solar

Loan

Trust

..................................................

Series

2019-2A,

Class

A,

2.88%,

9/20/40,

Callable

3/20/31

@

100(a)

..............

Series

2020-1A,

Class

A,

2.10%,

4/20/46(a)

................................

Nelnet

Student

Loan

Trust,

Series

2021-A,

Class

B1,

2.85%,

4/20/62,

Callable

8/20/31

@

100(a)

...........................................................

NMEF

Funding

LLC

....................................................

Series

2022-B,

Class

C,

8.54%,

6/15/29,

Callable

8/15/26

@

100(a)

...............

Series

2024-A,

Class

C,

6.33%,

12/15/31,

Callable

1/15/28

@

100(a)

..............

Pagaya

AI

Debt

Grantor

Trust,

Series

2024-10,

Class

A,

5.18%,

6/15/32,

Callable

11/15/26

@

100(a)

...........................................................

Reach

ABS

Trust,

Series

2026-1A,

Class

A,

4.32%,

2/15/33,

Callable

5/15/30

@

100(a)

....

ReadyCap

Lending

Small

Business

Loan

Trust,

Series

2023-3,

Class

A,

6.82%

(PRIME+7bps),

4/25/48,

Callable

4/25/27

@

100(a)(d)

....................................

Regional

Management

Issuance

Trust,

Series

2024-2,

Class

A,

5.11%,

12/15/33,

Callable

12/15/26

@

100(a)

..................................................

SCF

Equipment

Leasing

LLC

..............................................

Series

2024-1A,

Class

D,

6.58%,

6/21/33,

Callable

3/20/29

@

100(a)

..............

Series

2025-2A,

Class

D,

5.33%,

6/20/36,

Callable

10/20/31

@

100(a)

.............

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Balanced

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

Security

Description

Principal

Amount

(000) a

Value

(000) SpringCastle

America

Funding

LLC,

Series

2020-AA,

Class

A,

1.97%,

9/25/37,

Callable

5/25/26

@

100(a)

...................................................

$

$

Tricon

American

Homes

Trust,

Series

2020-SFR2,

Class

E1,

2.73%,

11/17/39(a)(e)

........

VFI

ABS

LLC,

Series

2023-1A,

Class

C,

9.26%,

12/24/29,

Callable

6/24/26

@

100(a)

.....

5,791

Total

Asset-Backed

Securities

(Cost

$13,049)

a

a

a

13,004

Collateralized

Loan

Obligations

(0.4%)

Cash

Flow

CLO

(0.4%):

Arbor

Realty

Collateralized

Loan

Obligation

Ltd.,

Series

2025-BTR1,

Class

AS,

6.29%

(TSFR1M+264bps),

1/20/41,

Callable

5/20/27

@

100(a)(d)

.....................

Arbor

Realty

Commercial

Real

Estate

Notes

Ltd.,

Series

2022-FL1,

Class

C,

5.94%

(SOFR30A+230bps),

1/15/37,

Callable

5/15/26

@

100(a)(d)

....................

Carlyle

US

CLO

Ltd.,

Series

2019-4A,

Class

CR,

6.87%

(TSFR3M+320bps),

4/15/35,

Callable

7/15/26

@

100(a)(d)

.................................................

Dwight

Issuer

LLC,

Series

2025-FL1,

Class

A,

5.32%

(TSFR1M+166bps),

6/18/42,

Callable

7/18/27

@

100(a)(d)

.................................................

FS

Rialto

Issuer

LLC,

Series

2025-FL10,

Class

A,

5.05%

(TSFR1M+139bps),

8/19/42,

Callable

8/19/27

@

100(a)(d)(e)

........................................

STWD

Ltd.,

Series

2022-FL3,

Class

B,

5.59%

(SOFR30A+195bps),

11/15/38,

Callable

5/15/26

@

100(a)(d)

.......................................................

1,614

Total

Collateralized

Loan

Obligations

(Cost

$1,613)

a

a

a

1,614

Collateralized

Mortgage

Obligations

(2.5%)

Agency

CMO

Floating

(0.0%):(f)

Federal

Home

Loan

Mortgage

Corporation

REMICs

..............................

Series

2006-104,

Class

GF,

4.08%

(SOFR30A+43bps),

11/25/36(d)

...............

Series

3868,

Class

FA,

4.15%

(SOFR30A+51bps),

5/15/41(d)

...................

Federal

National

Mortgage

Association

REMICs

................................

Series

2006-23,

Class

FP,

4.06%

(SOFR30A+41bps),

4/25/36(d)

.................

Series

2007-93,

Class

FD,

4.31%

(SOFR30A+66bps),

9/25/37(d)

................

Series

2011-63,

Class

FG,

4.21%

(SOFR30A+56bps),

7/25/41(d)

.................

Agency

CMO

IO

(0.1%):

Federal

Home

Loan

Mortgage

Corporation

REMICs

..............................

Series

4091,

Class

SH,

2.80%

(SOFR30A+644bps),

8/15/42(d)(e)

................

Series

4601,

Class

NI,

3.50%,

9/15/45(e)

..................................

Series

4999,

Class

QI,

4.00%,

5/25/50(e)

..................................

Series

5067,

Class

GI,

4.00%,

12/25/50(e)

.................................

Federal

National

Mortgage

Association

REMICs

................................

Series

2019-59,

Class

AI,

4.00%,

10/25/39(e)

...............................

Series

2020-83,

Class

EI,

4.00%,

11/25/50(e)

...............................

Series

2021-78,

Class

CI,

4.50%,

11/25/51(e)

...............................

Government

National

Mortgage

Association

....................................

Series

2019-159,

Class

CI,

3.50%,

12/20/49(e)

..............................

Series

2020-34,

Class

IO,

5.00%,

12/20/39(e)

...............................

Series

2020-9,

Class

SA

(TSFR1M+324bps),

1/20/50(d)(e)(g)

...................

Series

2021-140,

Class

IO,

2.50%,

8/20/51(e)

...............................

Series

2021-146,

Class

QI,

3.00%,

8/20/51(e)

...............................

Series

2021-96,

Class

BI,

3.50%,

6/20/51(e)

................................

Series

2023-168,

Class

ID,

2.50%,

3/20/51(e)

...............................

Series

2023-70,

Class

IO,

4.00%,

6/20/50(e)

................................

Series

2024-206,

Class

IO,

2.50%,

10/20/51(e)

..............................

Series

2024-24,

Class

AI,

2.50%,

8/20/51(e)

................................

Series

2025-120,

Class

IC,

4.50%,

1/20/50(e)

...............................

Series

2025-173,

Class

AI,

2.50%,

10/20/51(e)

..............................

870

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Balanced

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

Security

Description

Principal

Amount

(000) a

Value

(000) Agency

Commercial

MBS

(0.0%):(f)

Government

National

Mortgage

Association,

Series

2017-21,

Class

IO,

0.59%,

10/16/58,

Callable

6/16/43

@

100(c)(e)

..........................................

$

710

$

Commercial

MBS

(0.8%):

Benchmark

Mortgage

Trust

................................................

Series

2018-B8,

Class

A4,

3.96%,

1/15/52

,

Callable

12/15/28

@

..............

Series

2022-B34,

Class

AM,

3.95%,

4/15/55,

Callable

4/15/32

@

100(c)

...........

Citigroup

Commercial

Mortgage

Trust,

Series

2018-C5,

Class

A3,

3.96%,

6/10/51,

Callable

6/10/28

@

.....................................................

COMM

Mortgage

Trust,

Series

2024-WCL1,

Class

A,

5.50%

(TSFR1M+184bps),

6/15/41(a)

(d)(e) ...........................................................

FREMF

Mortgage

Trust

..................................................

Series

2017-KW03,

Class

B,

4.22%,

7/25/27(a)(c)

...........................

Series

2019-KF64,

Class

B,

6.07%

(SOFR30A+241

bps),

6/25/26,

Callable

5/25/26

@

100(a)(d)

.........................................................

Series

2019-KF66,

Class

B,

6.17%

(SOFR30A+251bps),

7/25/29(a)(d)

............

FREMF

Trust,

Series

2018-KW04,

Class

B,

4.07%,

9/25/28(a)(c)

....................

Hilt

Commercial

Mortgage

Trust,

Series

2024-ORL,

Class

A,

5.20%

(TSFR1M+154bps),

5/15/37(a)(d)(e)

....................................................

HTL

Commercial

Mortgage

Trust,

Series

2024-T53,

Class

B,

6.77%,

5/10/39(a)(c)(e)

......

J.P.

Morgan

Chase

Commercial

Mortgage

Securities

Trust,

Series

2018-WPT,

Class

AFX,

4.25%,

7/5/33(a)(e)

.................................................

JPMDB

Commercial

Mortgage

Securities

Trust

.................................

Series

2018-C8,

Class

A4,

4.21%,

6/15/51,

Callable

6/15/28

@

...............

Series

2018-C8,

Class

XB,

0.20%,

6/15/51,

Callable

3/15/28

@

100(c)(e)

...........

2,450

Key

Commercial

Mortgage

Securities

Trust,

Series

2019-S2,

Class

A3,

3.47%,

6/15/52,

Callable

6/15/29

@

100(a)

............................................

Morgan

Stanley

Capital

I

Trust,

Series

2018-MP,

Class

A,

4.42%,

7/11/40(a)(c)(e)

.........

Soho

Trust,

Series

2021-SOHO,

Class

A,

2.79%,

8/10/38(a)(c)(e)

....................

Velocity

Commercial

Capital

Loan

Trust

......................................

Series

2024-6,

Class

A,

5.81%,

12/25/54,

Callable

1/25/31

@

100(a)(c)

............

Series

2025-1,

Class

A,

6.03%,

2/25/55,

Callable

2/25/30

@

100(a)(c)

.............

VRTX

Trust

...........................................................

Series

2025-HQ,

Class

C,

6.12%,

8/5/42(a)(c)(e)

............................

Series

2025-HQ,

Class

D,

6.82%,

8/5/42(a)(c)(e)

............................

Wells

Fargo

Commercial

Mortgage

Trust

......................................

Series

2016-LC24,

Class

XA,

1.68%,

10/15/49,

Callable

9/15/26

@

100(c)(e)

........

2,548

Series

2026-1250B,

Class

B,

5.14%,

3/10/41(a)(c)(e)

.........................

3,713

Private

CMO

Floating

(0.5%):

Connecticut

Avenue

Securities

Trust

.........................................

Series

2022-R02,

Class

2M2,

6.65%

(SOFR30A+300bps),

1/25/42

,

Callable

1/25/27

@

100(a)(d)

.........................................................

Series

2024-R03,

Class

2M2,

5.60%

(SOFR30A+195bps),

3/25/44,

Callable

3/25/29

@

100(a)(d)

.........................................................

Series

2024-R05,

Class

2M2,

5.35%

(SOFR30A+170bps),

7/25/44,

Callable

7/25/29

@

100(a)(d)

.........................................................

Eagle

Re

Ltd.,

Series

2023-1,

Class

M1B,

7.60%

(SOFR30A+395bps),

9/26/33,

Callable

9/25/28

@

100(a)(d)

.................................................

Federal

Home

Loan

Mortgage

Corporation

Multifamily

Structured

Credit

Risk

Trust

.......

Series

2021-MN1,

Class

M1,

5.65%

(SOFR30A+200bps),

1/25/51,

Callable

1/25/29

@

100(a)(d)

.........................................................

Series

2021-MN3,

Class

M2,

7.65%

(SOFR30A+400bps),

11/25/51,

Callable

7/25/36

@

100(a)(d)

.........................................................

550

569

Federal

Home

Loan

Mortgage

Corporation

STACR

REMIC

Trust

....................

Series

2021-HQA3,

Class

B1,

7.00%

(SOFR30A+335bps),

9/25/41,

Callable

9/25/26

@

100(a)(d)

.........................................................

Series

2021-HQA3,

Class

M2,

5.75%

(SOFR30A+210bps),

9/25/41,

Callable

9/25/26

@

100(a)(d)

.........................................................

Series

2024-DNA3,

Class

A1,

4.70%

(SOFR30A+105bps),

10/25/44,

Callable

10/25/29

@

100(a)(d)

.......................................................

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Balanced

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

Security

Description

Principal

Amount

(000) a

Value

(000) Radnor

Re

Ltd.,

Series

2023-1,

Class

M1A,

6.35%

(SOFR30A+270bps),

7/25/33,

Callable

7/25/28

@

100(a)(d)

.................................................

$

$

Towd

Point

Mortgage

Trust,

Series

2019-HY1,

Class

B2,

5.92%

(TSFR1M+226bps),

10/25/48,

Callable

1/25/30

@

100(a)(d)

..........................................

Triangle

Re

Ltd.,

Series

2023-1,

Class

M1A,

7.05%

(SOFR30A+340bps),

11/25/33,

Callable

7/25/28

@

100(a)(d)

.................................................

2,348

Private

CMO

Other

(1.1%):

BINOM

Securitization

Trust,

Series

2022-RPL1,

Class

M2,

3.00%,

2/25/61

,

Callable

5/25/26

@

100(a)(c)

.......................................................

Bunker

Hill

Loan

Depositary

Trust,

Series

2020-1,

Class

A3,

3.25%,

2/25/55,

Callable

5/25/26

@

100(a)(c)

.......................................................

CFMT

LLC

...........................................................

Series

2024-HB14,

Class

M1,

3.00%,

6/25/34,

Callable

6/25/27

@

100(a)(c)

........

Series

2024-HB14,

Class

M2,

3.00%,

6/25/34,

Callable

6/25/27

@

100(a)(c)

........

Series

2024-HB15,

Class

M2,

4.00%,

8/25/34(a)(c)

..........................

Citigroup

Mortgage

Loan

Trust,

Series

2018-RP3,

Class

M3,

3.25%,

3/25/61,

Callable

2/25/49

@

100(a)(c)

.......................................................

500

Federal

Home

Loan

Mortgage

Corporation

Seasoned

Credit

Risk

Transfer

Trust,

Series

2018-4,

Class

M,

4.75%,

3/25/58,

Callable

6/25/51

@

100(a)

..........................

GS

Mortgage-Backed

Securities

Trust,

Series

2022-PJ1,

Class

A4,

2.50%,

5/28/52,

Callable

1/25/37

@

100(a)(c)

.................................................

Imperial

Fund

Mortgage

Trust

..............................................

Series

2021-NQM2,

Class

B1,

3.30%,

9/25/56,

Callable

5/25/26

@

100(a)(c)

........

Series

2021-NQM2,

Class

M1,

2.49%,

9/25/56,

Callable

5/25/26

@

100(a)(c)

........

IMS

Ecuadorian

Mortgage

Trust,

Series

2021-1,

Class

GA,

3.40%,

8/18/43(a)

...........

J.P.

Morgan

Mortgage

Trust

...............................................

Series

2021-INV1,

Class

B1,

2.95%,

10/25/51,

Callable

11/25/40

@

100(a)(c)

.......

Series

2022-8,

Class

B2,

4.68%,

1/25/53,

Callable

7/25/44

@

100(a)(c)

............

629

575

Series

2022-LTV1,

Class

M1,

3.51%,

7/25/52,

Callable

9/25/44

@

100(a)(c)

........

Mello

Mortgage

Capital

Acceptance,

Series

2021-INV2,

Class

A15,

2.50%,

8/25/51,

Callable

9/25/46

@

(a)(c) .................................................

MFA

Trust,

Series

2020-NQM1,

Class

A3,

3.30%,

8/25/49,

Callable

5/25/26

@

100(a)(c)

...

Onity

Loan

Investment

Trust,

Series

2024-HB2,

Class

M2,

5.00%,

8/25/37,

Callable

8/25/27

@

100(a)(c)

.........................................................

PRMI

Securitization

Trust,

Series

2021-1,

Class

B1,

2.48%,

4/25/51,

Callable

4/25/44

@

100(a)(c)

.........................................................

519

Provident

Funding

Mortgage

Trust,

Series

2021-2,

Class

A9,

2.25%,

4/25/51,

Callable

3/25/45

@

100(a)(c)

.......................................................

RCKT

Mortgage

Trust,

Series

2021-3,

Class

A25,

2.50%,

7/25/51,

Callable

11/25/43

@

100(a)

(c) .............................................................

RMF

Proprietary

Issuance

Trust,

Series

2019-1,

Class

A,

2.75%,

10/25/63(a)(c)

..........

UWM

Mortgage

Trust

...................................................

Series

2021-INV1,

Class

A5,

2.50%,

8/25/51,

Callable

9/25/45

@

100(a)(c)

.........

Series

2021-INV2,

Class

A5,

2.50%,

9/25/51,

Callable

12/25/45

@

100(a)(c)

........

675

Wells

Fargo

Mortgage

Backed

Securities

Trust,

Series

2020-5,

Class

B2,

2.91%,

9/25/50,

Callable

7/25/45

@

100(a)(c)

..........................................

5,171

Total

Collateralized

Mortgage

Obligations

(Cost

$12,582)

a

a

a

11,795

Shares

Common

Stocks

(66.7%)

Communication

Services

(9.2%):

Alphabet,

Inc.,

Class

A

...................................................

99,264

38,197

Netflix,

Inc.(h)

.........................................................

50,544

4,731

42,928

Consumer

Discretionary

(7.9%):

Amazon.com,

Inc.(h)

....................................................

73,949

19,601

eBay,

Inc.

............................................................

55,577

5,751

The

TJX

Cos.,

Inc.

......................................................

47,736

7,483

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Balanced

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

Security

Description

Shares

a

Value

(000) Ulta

Beauty,

Inc.(h)

.....................................................

7,858

$

4,223

37,058

Consumer

Staples

(2.7%):

BJ's

Wholesale

Club

Holdings,

Inc.(h)

........................................

39,130

3,674

Glanbia

PLC

..........................................................

118,659

2,755

Mondelez

International,

Inc.,

Class

A

.........................................

101,165

6,215

12,644

Energy

(2.1%):

Phillips

Co.

.........................................................

27,454

4,919

Shell

PLC,

ADR

.......................................................

56,108

5,087

10,006

Financials

(7.1%):

Bank

of

America

Corp.

...................................................

120,565

6,445

Capital

One

Financial

Corp.

...............................................

25,490

4,876

Chubb

Ltd.

...........................................................

13,947

4,561

Citizens

Financial

Group,

Inc.

..............................................

73,009

4,749

Huntington

Bancshares,

Inc.

...............................................

324,866

5,445

State

Street

Corp.

.......................................................

45,592

6,968

33,044

Health

Care

(6.8%):

AbbVie,

Inc.

..........................................................

30,337

6,411

Bristol-Myers

Squibb

Co.

.................................................

56,150

3,402

Cardinal

Health,

Inc.

....................................................

31,839

6,141

Eli

Lilly

&

Co.

.........................................................

7,552

7,058

Intuitive

Surgical,

Inc.(h)

.................................................

7,911

3,620

Vertex

Pharmaceuticals,

Inc.(h)

.............................................

11,700

5,001

31,633

Industrials

(7.0%):

Deere

&

Co.

..........................................................

5,322

3,139

Emerson

Electric

Co.

....................................................

28,204

3,961

Ferguson

Enterprises,

Inc.

.................................................

19,313

5,170

Johnson

Controls

International

PLC

..........................................

40,393

5,899

Rockwell

Automation,

Inc.

................................................

9,081

3,714

United

Rentals,

Inc.

.....................................................

4,635

4,449

Vertiv

Holdings

Co.,

Class

A

...............................................

19,758

6,490

32,822

Information

Technology

(20.3%):

Applied

Materials,

Inc.

...................................................

19,201

7,575

Cirrus

Logic,

Inc.(h)

.....................................................

18,515

3,019

Cisco

Systems,

Inc.

.....................................................

113,484

10,384

Intel

Corp.(h)

..........................................................

83,415

7,881

International

Business

Machines

Corp.

........................................

23,093

5,334

Keysight

Technologies,

Inc.(h)

.............................................

21,754

7,612

Marvell

Technology,

Inc.

.................................................

27,621

4,562

Microsoft

Corp.

........................................................

37,509

15,295

Motorola

Solutions,

Inc.

..................................................

9,219

4,047

NetApp,

Inc.

..........................................................

22,129

2,451

NVIDIA

Corp.

.........................................................

4,551

908

QUALCOMM,

Inc.

.....................................................

21,097

3,788

Ralliant

Corp.

.........................................................

139,384

6,334

Samsung

Electronics

Co.

Ltd.,

Registered

Shares,

GDR

...........................

2,107

7,889

Texas

Instruments,

Inc.

...................................................

27,579

7,752

94,831

Materials

(1.4%):

CRH

PLC

............................................................

27,414

3,246

Reliance,

Inc.

..........................................................

9,273

3,362

6,608

Real

Estate

(1.4%):

Digital

Realty

Trust,

Inc.

..................................................

18,685

3,755

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Balanced

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

Security

Description

Shares

a

Value

(000) SL

Green

Realty

Corp.

...................................................

62,143

$

2,635

6,390

Utilities

(0.8%):

Eversource

Energy

......................................................

49,840

3,524

Total

Common

Stocks

(Cost

$182,376)

a

a

a

311,488

Preferred

Stocks

(0.1%)

Financials

(0.1%):

Bank

of

America

Corp.,

Series

LL,

5.00%(i)

....................................

4,907

Capital

One

Financial

Corp.,

Series

L,

4.38%(i)

.................................

1,113

JPMorgan

Chase

&

Co.,

Series

MM,

4.20%(i)

..................................

12,431

KeyCorp,

Series

G,

5.63%(i)

...............................................

1,984

Morgan

Stanley,

Series

O,

4.25%(i)

..........................................

8,198

State

Street

Corp.,

Series

G,

5.35%(i)

........................................

1,265

U.S.

Bancorp,

Series

L,

3.75%(i)

............................................

1,204

Wells

Fargo

&

Co.,

Series

DD,

4.25%(i)

......................................

4,991

662

Total

Preferred

Stocks

(Cost

$669)

a

a

a

662

Principal

Amount

(000) Senior

Secured

Loans

(0.0%)(f)

Financials

(0.0%):(f)

Iron

Mountain

Information

Management

LLC,

Amendment

No.1

Incremental

Term

B

Loan,

5.65%

(SOFR01M+200bps),

1/31/31(d)

...................................

$

LC

Ahab

US

Bidco

LLC,

Second

Amendment

Incremental

Term

Loan,

First

Lien,

6.15%

(SOFR01M+250bps),

5/1/31(d)

.........................................

Total

Senior

Secured

Loans

(Cost

$195)

a

a

a

Corporate

Bonds

(7.2%)

Communication

Services

(0.2%):

Alphabet,

Inc.,

5.30%,

5/15/65,

Callable

11/15/64

@

..........................

Oak-Eagle

Acquireco,

Inc.,

7.25%,

7/1/33,

Callable

7/1/29

@

103.63(a)

................

Omnicom

Group,

Inc.,

5.00%,

6/2/33,

Callable

4/2/33

@

.......................

T-Mobile

USA,

Inc.,

2.55%,

2/15/31,

Callable

11/15/30

@

......................

734

Consumer

Discretionary

(0.5%):

Avis

Budget

Car

Rental

LLC/Avis

Budget

Finance,

Inc.,

8.38%,

6/15/32,

Callable

6/15/28

@

104.19(a)

.........................................................

Best

Buy

Co.,

Inc.,

1.95%,

10/1/30,

Callable

7/1/30

@

.........................

565

505

Daimler

Truck

Finance

North

America

LLC

4.15%,

1/12/29,

Callable

12/12/28

@

100(a)

...............................

4.65%,

10/12/30,

Callable

9/12/30

@

100(a)

...............................

Darden

Restaurants,

Inc.,

6.30%,

10/10/33,

Callable

7/10/33

@

...................

Expedia

Group,

Inc.,

5.50%,

4/15/36,

Callable

1/15/36

@

.......................

General

Motors

Financial

Co.,

Inc.

5.75%,

2/8/31,

Callable

12/8/30

@

...................................

3.10%,

1/12/32,

Callable

10/12/31

@

.................................

Hilton

Grand

Vacations

Borrower

LLC/Hilton

Grand

Vacations

Borrower,

Inc.,

6.63%,

1/15/32,

Callable

1/15/27

@

103.31(a)

..........................................

HOA

RoyaltyCo

LLC,

0.00%,

11/22/55,

Callable

6/4/26

@

100(a)(b)

..................

Lowe's

Cos.,

Inc.,

3.75%,

4/1/32,

Callable

1/1/32

@

...........................

Marriott

International,

Inc.,

4.90%,

4/15/29,

Callable

3/15/29

@

..................

2,552

Consumer

Staples

(0.3%):

Albertsons

Cos.,

Inc./Safeway,

Inc./New

Albertsons

LP/Albertsons

LLC

5.50%,

3/31/31,

Callable

11/15/27

@

102.75(a)

.............................

5.75%,

3/31/34,

Callable

11/15/28

@

102.88(a)

.............................

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Balanced

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

Security

Description

Principal

Amount

(000) a

Value

(000) Dollar

Tree,

Inc.,

2.65%,

12/1/31

,

Callable

9/1/31

@

...........................

$

$

Smithfield

Foods,

Inc.

5.20%,

4/1/29,

Callable

1/1/29

@

100(a)

..................................

3.00%,

10/15/30,

Callable

7/15/30

@

100(a)

...............................

2.63%,

9/13/31,

Callable

6/13/31

@

100(a)

................................

Sysco

Corp.,

4.40%,

7/25/31,

Callable

6/25/31

@

.............................

The

Procter

&

Gamble

Co.,

4.10%,

11/3/32

....................................

1,346

Energy

(0.6%):

Archrock

Services

LP/Archrock

Partners

Finance

Corp.,

6.00%,

2/1/34,

Callable

2/1/29

@

103(a)

...........................................................

Columbia

Pipelines

Holding

Co.

LLC

5.10%,

10/1/31,

Callable

8/1/31

@

100(a)

.................................

5.00%,

11/17/32,

Callable

9/17/32

@

(a) ................................

Enerflex,

Inc.,

6.88%,

1/15/31,

Callable

1/15/28

@

103.44(a)

........................

Hess

Midstream

Operations

LP,

5.88%,

3/1/28,

Callable

5/15/26

@

102.94(a)

............

Hilcorp

Energy

I

LP/Hilcorp

Finance

Co.

6.88%,

5/15/34,

Callable

5/15/29

@

103.44(a)

..............................

7.25%,

2/15/35,

Callable

2/15/30

@

103.63(a)

..............................

Kodiak

Gas

Services

LLC,

5.88%,

4/1/31,

Callable

4/1/28

@

102.94(a)

................

MPLX

LP

5.50%,

6/1/34,

Callable

3/1/34

@

....................................

5.30%,

4/1/36,

Callable

1/1/36

@

....................................

NGPL

PipeCo

LLC,

3.25%,

7/15/31,

Callable

4/15/31

@

100(a)

.....................

Phillips

Co.,

3.75%,

3/1/28

,

Callable

12/1/27

@

............................

Shell

Finance

US,

Inc.,

4.75%,

1/6/36,

Callable

10/6/35

@

......................

The

Williams

Cos.,

Inc.

7.75%,

6/15/31

....................................................

5.75%,

6/24/44,

Callable

12/24/43

@

.................................

Valero

Energy

Corp.

5.15%,

2/15/30,

Callable

1/15/30

@

..................................

6.63%,

6/15/37

....................................................

Venture

Global

Plaquemines

LNG

LLC,

6.50%,

1/15/34,

Callable

7/15/33

@

100(a)

.......

2,830

Financials

(2.8%):

Affiliated

Managers

Group,

Inc.,

5.50%,

2/15/36,

Callable

11/15/35

@

..............

Ally

Financial,

Inc.

6.18%

(SOFR+229bps),

7/26/35,

Callable

7/26/34

@

100(d)

....................

6.65%

(H15T5Y+245bps),

1/17/40,

Callable

10/19/34

@

(d) .................

American

Honda

Finance

Corp.

5.05%,

7/10/31,

MTN

................................................

4.85%,

10/23/31

....................................................

5.10%,

1/8/36

.....................................................

Bank

of

America

Corp.,

2.57%

(SOFR+121bps),

10/20/32,

Callable

10/20/31

@

100(d)

....

BMW

US

Capital

LLC,

5.40%,

3/21/35,

Callable

12/21/34

@

100(a)

..................

Brown

&

Brown,

Inc.,

4.20%,

3/17/32,

Callable

12/17/31

@

.....................

Capital

One

Financial

Corp.

2.36%

(SOFR+134bps),

7/29/32

,

Callable

7/29/31

@

100(d)

....................

6.18%

(SOFR+204bps),

1/30/36,

Callable

1/30/35

@

100(d)

....................

Citadel

Securities

Global

Holdings

LLC,

6.20%,

6/18/35,

Callable

3/18/35

@

100(a)

.......

Citigroup,

Inc.,

2.52%

(SOFR+

118bps),

11/3/32,

Callable

11/3/31

@

100(d)

.............

Citizens

Financial

Group,

Inc.

5.84%

(SOFR+201bps),

1/23/30,

Callable

1/23/29

@

100(d)

....................

5.25%

(SOFR+126bps),

3/5/31,

Callable

3/5/30

@

100(d)

......................

5.72%

(SOFR+191bps),

7/23/32,

Callable

7/23/31

@

100(d)

....................

5.30%

(H15T5Y+145bps),

1/29/36,

Callable

1/29/31

@

100(d)

..................

CNO

Financial

Group,

Inc.,

6.45%,

6/15/34,

Callable

3/15/34

@

..................

CNO

Global

Funding

4.88%,

12/10/27(a)

..................................................

2.65%,

1/6/29(a)

...................................................

Farmers

Exchange

Capital

III,

5.45%

(TSFR3M+372bps),

10/15/54,

Callable

10/15/34

@

100(a)(d)

.........................................................

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Balanced

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

Security

Description

Principal

Amount

(000) a

Value

(000) Farmers

Insurance

Exchange

4.75%

(US0003M+323bps),

11/1/57,

Callable

11/1/37

@

100(a)(d)

...............

$

$

7.00%

(H15T10Y+386bps),

10/15/64,

Callable

7/15/54

@

100(a)(d)

..............

Fidelity

National

Information

Services,

Inc.,

4.80%,

3/10/31,

Callable

2/10/31

@

......

Fifth

Third

Bank

NA,

5.33%

(SOFR+261bps),

8/25/33,

Callable

8/25/32

@

100(d)

........

Freedom

Mortgage

Holdings

LLC

9.13%,

5/15/31,

Callable

5/15/27

@

104.56(a)

..............................

8.38%,

4/1/32,

Callable

4/1/28

@

104.19(a)

................................

Huntington

Bancshares,

Inc.,

5.27%

(SOFR+128bps),

1/15/31,

Callable

1/15/30

@

100(d)

...

HUT

DC

LLC,

6.19%,

11/15/42,

Callable

5/15/42

@

100(a)

.......................

Hyundai

Capital

America

5.30%,

1/8/30,

Callable

12/8/29

@

100(a)

.................................

5.80%,

4/1/30,

Callable

2/1/30

@

100(a)

..................................

6.20%,

9/21/30,

Callable

7/21/30

@

100(a)

................................

JPMorgan

Chase

&

Co.

5.04%

(SOFR+119bps),

1/23/28,

Callable

1/23/27

@

100(d)

....................

2.55%

(SOFR+118bps),

11/8/32,

Callable

11/8/31

@

100(d)

....................

4.59%

(SOFR+180bps),

4/26/33,

Callable

4/26/32

@

100(d)

....................

5.77%

(SOFR+149bps),

4/22/35,

Callable

4/22/34

@

100(d)

....................

5.19%

(SOFR+130bps),

2/5/37,

Callable

2/5/36

@

100(d)

......................

KeyCorp,

5.12%

(SOFRINDX+123bps),

4/4/31

,

Callable

4/4/30

@

100(d)

..............

Liberty

Mutual

Insurance

Co.,

7.70%,

10/15/97(a)

...............................

508

551

Lincoln

Financial

Global

Funding,

4.20%,

1/12/29(a)

.............................

Lincoln

National

Corp.,

5.35%,

11/15/35,

Callable

8/15/35

@

....................

LPL

Holdings,

Inc.,

5.70%,

5/20/27,

Callable

4/20/27

@

........................

Mercedes-Benz

Finance

North

America

LLC,

4.85%,

1/11/29(a)

.....................

MetLife,

Inc.,

5.85%

(H15T5Y+182bps),

3/15/56,

Callable

3/15/36

@

100(d)

............

Morgan

Stanley

5.65%

(SOFR+101bps),

4/13/28,

Callable

4/13/27

@

100(d)

....................

5.17%

(SOFR+145bps),

1/16/30,

Callable

1/16/29

@

100(d)

....................

5.95%

(H15T5Y+243bps),

1/19/38,

Callable

1/19/33

@

100(d)

..................

5.94%

(H15T5Y+180bps),

2/7/39,

Callable

2/7/34

@

100(d)

....................

MSCI,

Inc.,

5.25%,

9/1/35,

Callable

6/1/35

@

...............................

Mutual

of

Omaha

Cos.

Global

Funding

5.00%,

4/1/30(a)

...................................................

4.55%,

1/13/31(a)

..................................................

Northern

Trust

Corp.,

5.12%

(H15T5Y+105bps),

11/19/40,

Callable

11/19/35

@

100(d)

....

Old

National

Bancorp,

5.77%

(TSFR3M+220bps),

2/15/36,

Callable

2/15/31

@

100(d)

.....

OneMain

Finance

Corp.

6.13%,

5/15/30

,

Callable

11/15/29

@

..................................

4.00%,

9/15/30,

Callable

6/4/26

@

...................................

Primerica,

Inc.,

2.80%,

11/19/31,

Callable

8/19/31

@

..........................

Prudential

Financial,

Inc.

3.88%,

3/27/28,

Callable

12/27/27

@

,

MTN

.............................

3.00%,

3/10/40,

Callable

9/10/39

@

100,

MTN

.............................

Rocket

Cos.,

Inc.,

6.50%,

8/1/29,

Callable

8/1/26

@

103.25(a)

.......................

Santander

Holdings

USA,

Inc.

6.12%

(SOFR+123bps),

5/31/27,

Callable

5/31/26

@

100(d)

....................

2.49%

(SOFR+125bps),

1/6/28,

Callable

1/6/27

@

100(d)

......................

Starwood

Property

Trust,

Inc.,

5.75%,

1/15/31,

Callable

7/15/30

@

100(a)

..............

Synchrony

Financial,

5.94%

(SOFRINDX+213bps),

8/2/30,

Callable

8/2/29

@

100(d)

.....

Teachers

Insurance

&

Annuity

Association

of

America,

6.85%,

12/16/39(a)

.............

The

Goldman

Sachs

Group,

Inc.

4.22%

(TSFR3M+156bps),

5/1/29,

Callable

5/1/28

@

100(d)

...................

.65%

(SOFR+126bps),

10/21/32,

Callable

10/21/31

@

100(d)

..................

The

PNC

Financial

Services

Group,

Inc.

5.30%

(SOFR+134bps),

1/21/28,

Callable

1/21/27

@

100(d)

....................

5.42%

(H15T5Y+117bps),

1/25/41,

Callable

1/25/36

@

100(d)

..................

Toyota

Motor

Credit

Corp.,

4.60%,

3/11/33

....................................

Truist

Financial

Corp.

7.16%

(SOFR+245bps),

10/30/29,

Callable

10/30/28

@

100,

MTN(d)

.............

5.44%

(SOFR+162bps),

1/24/30,

Callable

1/24/29

@

100(d)

....................

4.60%

(SOFR+97bps),

1/27/32,

Callable

1/27/31

@

100(d)

.....................

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Balanced

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

Security

Description

Principal

Amount

(000) a

Value

(000) U.S.

Bancorp

5.38%

(SOFR+156bps),

1/23/30,

Callable

1/23/29

@

100(d)

....................

$

$

2.49%

(H15T5Y+95bps),

11/3/36,

Callable

11/3/31

@

100(d)

...................

530

Velocity

Vehicle

Group

LLC,

8.00%,

6/1/29,

Callable

6/4/26

@

104(a)

.................

Wells

Fargo

&

Co.,

5.24%

(SOFR+111bps),

1/24/31,

Callable

1/24/30

@

100(d)

..........

Willis

North

America,

Inc.,

2.95%,

9/15/29,

Callable

6/15/29

@

..................

12,965

Health

Care

(0.4%):

AbbVie,

Inc.,

4.05%,

11/21/39,

Callable

5/21/39

@

...........................

Amgen,

Inc.,

5.25%,

3/2/33,

Callable

12/2/32

@

.............................

Baxter

International,

Inc.,

4.90%,

12/15/30

,

Callable

11/15/30

@

..................

CVS

Health

Corp.

5.25%,

1/30/31,

Callable

11/30/30

@

..................................

5.25%,

2/21/33,

Callable

11/21/32

@

..................................

Dentsply

Sirona

,

Inc.,

8.38%

(H15T5Y+438bps),

9/12/55

,

Callable

6/12/30

@

100(d)

......

Elevance

Health,

Inc.

5.15%,

6/15/29,

Callable

5/15/29

@

..................................

5.38%,

6/15/34,

Callable

3/15/34

@

..................................

Eli

Lilly

&

Co.,

5.55%,

10/15/55,

Callable

4/15/55

@

..........................

GE

Healthcare

Technologies,

Inc.,

5.50%,

6/15/35,

Callable

3/15/35

@

.............

HCA,

Inc.,

5.50%,

3/1/32,

Callable

1/1/32

@

................................

Health

Care

Service

Corp.

A

Mutual

Legal

Reserve

Co.,

5.20%,

6/15/29,

Callable

5/15/29

@

100(a)

...........................................................

Highmark,

Inc.,

5.75%,

5/15/36,

Callable

2/15/36

@

100(a)

.........................

Humana,

Inc.,

5.38%,

4/15/31,

Callable

2/15/31

@

............................

Novartis

Capital

Corp.,

4.60%,

3/18/33,

Callable

1/18/33

@

.....................

Zoetis,

Inc.,

5.00%,

8/17/35,

Callable

5/17/35

@

.............................

1,924

Industrials

(0.5%):

AECOM,

6.00%,

8/1/33,

Callable

8/1/28

@

(a) ...............................

Cummins,

Inc.,

5.30%,

5/9/35,

Callable

2/9/35

@

.............................

Delta

Air

Lines,

Inc./SkyMiles

IP

Ltd.,

4.75%,

10/20/28(a)

.........................

GE

Vernova,

Inc.,

4.88%,

2/4/36,

Callable

11/4/35

@

..........................

Herc

Holdings,

Inc.,

7.25%,

6/15/33,

Callable

6/15/28

@

103.63(a)

...................

Johnsonville

Aeroderivative

Combustion

Turbine

Generation

LLC,

5.08%,

10/1/54

........

Komatsu

Finance

America,

Inc.,

4.20%,

9/18/30,

Callable

8/18/30

@

(a) .............

Penske

Truck

Leasing

Co.

LP/PTL

Finance

Corp.

4.40%,

7/1/27,

Callable

6/1/27

@

100(a)

..................................

5.55%,

5/1/28,

Callable

4/1/28

@

100(a)

..................................

6.05%,

8/1/28,

Callable

7/1/28

@

100(a)

..................................

Regal

Rexnord

Corp.,

6.30%,

2/15/30,

Callable

12/15/29

@

.....................

Trans-Allegheny

Interstate

Line

Co.,

5.00%,

1/15/31,

Callable

12/15/30

@

100(a)

.........

United

Airlines

Holdings,

Inc.

4.88%,

3/1/29,

Callable

12/1/28

@

...................................

5.38%,

3/1/31,

Callable

9/1/30

@

....................................

United

Airlines

Pass

Through

Trust,

5.45%,

2/15/37

..............................

Verisk

Analytics,

Inc.

4.45%,

3/15/31,

Callable

2/15/31

@

..................................

5.25%,

3/15/35

,

Callable

12/15/34

@

.................................

2,124

Information

Technology

(0.8%):

Broadcom,

Inc.

5.05%,

7/12/29,

Callable

6/12/29

@

..................................

4.60%,

7/15/30,

Callable

6/15/30

@

..................................

4.15%,

4/15/32,

Callable

1/15/32

@

100(a)

................................

4.30%,

11/15/32,

Callable

8/15/32

@

..................................

3.19%,

11/15/36,

Callable

8/15/36

@

100(a)

................................

Core

Scientific

Finance

I

LLC,

7.75%,

5/15/31,

Callable

5/15/28

@

103.88(a)

...........

CoreWeave,

Inc.,

9.00%,

2/1/31,

Callable

2/1/28

@

104.5(a)

........................

ERP

Operating

LP,

4.95%,

6/15/32,

Callable

4/15/32

@

........................

ESC

Gab,

8/20/51(g)

....................................................

—

Foundry

JV

Holdco

LLC,

5.90%,

1/25/30

,

Callable

12/25/29

@

100(a)

................

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Balanced

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

Security

Description

Principal

Amount

(000) a

Value

(000) Intel

Corp.,

5.30%,

5/15/36,

Callable

2/15/36

@

..............................

$

$

Microchip

Technology,

Inc.,

5.05%,

2/15/30,

Callable

1/25/30

@

..................

Oracle

Corp.

5.95%,

9/26/55

,

Callable

3/26/55

@

..................................

6.70%,

2/4/56,

Callable

8/4/55

@

....................................

715

659

6.85%,

2/4/66,

Callable

8/4/65

@

....................................

Qnity

Electronics,

Inc.

5.75%,

8/15/32,

Callable

8/15/28

@

102.88(a)

..............................

.25%,

8/15/33,

Callable

8/15/28

@

103.13(a)

..............................

Roper

Technologies,

Inc.

4.75%,

2/15/32,

Callable

12/15/31

@

.................................

4.90%,

10/15/34,

Callable

7/15/34

@

.................................

Skyworks

Solutions,

Inc.,

3.00%,

6/1/31,

Callable

3/1/31

@

.....................

3,502

Materials

(0.2%):

Celanese

US

Holdings

LLC,

7.20%,

11/15/33,

Callable

8/15/33

@

.................

Cleveland-Cliffs,

Inc.

7.00%,

3/15/32,

Callable

3/15/27

@

103.5(a)

...............................

7.63%,

1/15/34,

Callable

1/15/29

@

103.81(a)

..............................

Commercial

Metals

Co.,

6.00%,

12/15/35,

Callable

12/15/30

@

103(a)

................

Martin

Marietta

Materials,

Inc.

5.15%,

12/1/34,

Callable

9/1/34

@

...................................

5.50%,

12/1/54,

Callable

6/1/54

@

...................................

Methanex

US

Operations,

Inc.,

6.25%,

3/15/32,

Callable

9/15/31

@

100(a)

..............

Novelis

Corp.,

6.38%,

8/15/33,

Callable

8/15/28

@

103.19(a)

.......................

1,159

Real

Estate

(0.2%):

Americold

Realty

Operating

Partnership

LP,

5.60%,

5/15/32,

Callable

3/15/32

@

......

CBRE

Services,

Inc.,

4.90%,

1/15/33,

Callable

11/15/32

@

......................

COPT

Defense

Properties

LP,

4.50%,

10/15/30,

Callable

9/15/30

@

................

Cousins

Properties

LP,

4.88%,

3/1/33,

Callable

1/1/33

@

.......................

Highwoods

Realty

LP

3.05%,

2/15/30,

Callable

11/15/29

@

..................................

2.60%,

2/1/31,

Callable

11/1/30

@

...................................

5.35%,

1/15/33,

Callable

11/15/32

@

..................................

Invitation

Homes

Operating

Partnership

LP,

4.95%,

1/15/33,

Callable

11/15/32

@

.....

Simon

Property

Group

LP,

5.50%,

3/8/33,

Callable

12/8/32

@

....................

509

Ventas

Realty

LP,

5.10%,

7/15/32,

Callable

5/15/32

@

.........................

1,057

Utilities

(0.7%):

Alta

Wind

Holdings

LLC,

7.00%,

6/30/35(a)

...................................

American

Electric

Power

Co.,

Inc.,

4.30%,

12/1/28,

Callable

9/1/28

@

..............

Boston

Gas

Co.,

3.15%,

8/1/27,

Callable

5/1/27

@

100(a)

..........................

Consolidated

Edison

Co.

of

New

York,

Inc.,

4.63%,

12/1/54,

Callable

6/1/54

@

.......

Duke

Energy

Carolinas

LLC,

3.95%,

3/15/48,

Callable

9/15/47

@

.................

Entergy

Louisiana

LLC,

5.35%,

3/15/34,

Callable

12/15/33

@

....................

Entergy

Texas,

Inc.,

5.25%,

4/15/35,

Callable

1/15/35

@

........................

ITC

Holdings

Corp.,

5.65%,

5/9/34,

Callable

2/9/34

@

100(a)

.......................

KeySpan

Gas

East

Corp.,

5.99%,

3/6/33,

Callable

12/6/32

@

100(a)

...................

NRG

Energy,

Inc.,

6.13%,

5/15/36,

Callable

5/15/31

@

103.06(a)

....................

Public

Service

Enterprise

Group,

Inc.,

5.40%,

3/15/35,

Callable

12/15/34

@

..........

Puget

Energy,

Inc.

2.38%,

6/15/28,

Callable

4/15/28

@

..................................

4.10%,

6/15/30,

Callable

3/15/30

@

..................................

4.22%,

3/15/32,

Callable

12/15/31

@

.................................

Sempra

6.55%

(H15T5Y+214bps),

4/1/55,

Callable

1/1/35

@

100(d)

....................

6.38%

(H15T5Y+263bps),

4/1/56,

Callable

1/1/31

@

100(d)

....................

Southern

California

Edison

Co.,

5.45%,

6/1/31,

Callable

4/1/31

@

.................

Spire,

Inc.,

6.45%

(H15T5Y+233bps),

6/1/56,

Callable

3/1/36

@

100(d)

...............

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Balanced

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

Security

Description

Principal

Amount

(000) a

Value

(000) Talen

Energy

Supply

LLC

6.25%,

2/1/34,

Callable

10/15/28

@

103.13(a)

..............................

$

$

6.50%,

2/1/36,

Callable

10/15/30

@

103.25(a)

..............................

Virginia

Electric

And

Power

Co.,

4.45%,

2/15/44,

Callable

8/15/43

@

..............

3,280

Total

Corporate

Bonds

(Cost

$34,304)

a

a

a

33,473

Insurance-Linked

Securities

(0.7%)

Event

Linked

Bonds

(0.7%):

Multiperil

-

U.S.

-

(0.4%):

Bonanza

Re,

7.26%

(MSMMUSTF+375bps),

12/19/27(a)(d)(j)

......................

Four

Lakes

Re,

9.35%

(BRMMUSDF+552bps),

1/7/27,

Callable

6/4/26

@

102.5(a)(d)

(j) ....

High

Point

Re,

9.19%

(BRMMUSDF+564bps),

1/6/27,

Callable

6/4/26

@

102.25(a)(d)(j)

...

Mystic

Re,

15.51%

(GSMMUSTI+1200bps),

1/8/27(a)(d)(j)

........................

Residential

Re

9.51%,

(JMMMUSTF+597bps),

12/6/27(a)(d)(j)

............................

8.92%,

(JMMMUSTF+538bps),

12/6/28(a)(d)(j)

............................

Sanders

Re

III,

9.11%

(BRMMUSDF+556bps),

4/7/28(a)(d)(j)

......................

Multiperil

-

U.S.

&

Canada

-

(0.1%):

Galileo

Re,

10.51%

(GSMMUSTI+700bps)

,

1/7/28,

Callable

6/4/26

@

104.5(a)(d)(j)

......

Wind

Storm

-

Florida

-

(0.1%):

Integrity

Re,

16.83%

(FHMMUSTF+1332bps),

6/6/26(a)(d)(j)

......................

Wind

Storm

-

North

Carolina

-

(0.0%):(f)

Blue

Ridge

Re,

8.76%

(FHMMUSTF+525

bps),

1/8/27(a)(d)(j)

......................

Wind

Storm

-

U.S.

-

(0.1%):

Mayflower

Re,

8.56%

(FHMMUSTF+505bps),

7/8/26(a)(d)(j)

.......................

Merna

Re,

13.98%

(GSMMUSTI+1047bps),

7/7/26(a)(d)(j)

........................

3,048

Total

Insurance-Linked

Securities

(Cost

$3,012)

a

a

a

3,048

Yankee

Dollars

(4.0%)

Communication

Services

(0.1%):

Orange

SA

4.75%,

1/13/33,

Callable

11/13/32

@

100(a)

................................

5.00%,

1/13/36,

Callable

10/13/35

@

100(a)

...............................

Energy

(0.2%):

Aker

BP

ASA,

5.25%,

10/30/35,

Callable

7/30/35

@

100(a)

........................

Enbridge,

Inc.

5.55%,

6/20/35,

Callable

3/20/35

@

..................................

7.20%

(H15T5Y+297bps),

6/27/54,

Callable

3/27/34

@

100(d)

..................

7.38%

(H15T5Y+312bps),

3/15/55,

Callable

12/15/29

@

100(d)

.................

8.50%

(H15T5Y+443bps),

1/15/84,

Callable

10/15/33

@

100(d)

.................

838

Financials

(2.8%):

AerCap

Ireland

Capital

DAC/AerCap

Global

Aviation

Trust,

3.30%,

1/30/32,

Callable

10/30/31

@

...........................................................

850

777

African

Development

Bank,

5.88%

(H15T5Y+165bps),

Callable

5/7/35

@

100(d)(i)

.......

Allianz

SE

6.50%

(H15T5Y+223bps),

Callable

10/30/34

@

100(a)(d)(i)

....................

6.55%

(H15T5Y+232bps),

Callable

10/30/33

@

100(a)(d)(i)

....................

Australia

&

New

Zealand

Banking

Group

Ltd.,

5.73%

(H15T5Y+162bps),

9/18/34

,

Callable

9/18/29

@

100(a)(d)

.................................................

Avolon

Holdings

Funding

Ltd.

6.38%,

5/4/28,

Callable

4/4/28

@

100(a)

..................................

570

587

5.75%,

11/15/29,

Callable

10/15/29

@

100(a)

...............................

4.70%,

1/30/31,

Callable

12/30/30

@

100(a)

...............................

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Balanced

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

Security

Description

Principal

Amount

(000) a

Value

(000) Banco

Santander

SA

3.23%

(H15T1Y+160bps),

11/22/32,

Callable

8/22/31

@

100(d)

.................

$

600

$

540

6.03%,

1/17/35

....................................................

5.44%,

4/15/36

....................................................

Banque

Federative

du

Credit

Mutuel

SA,

4.54%,

1/15/31(a)

........................

Banque

Ouest

Africaine

de

Developpement,

4.70%,

10/22/31,

Callable

7/22/31

@

100(a)

...

BNP

Paribas

SA

6.88%

(H15T5Y+285bps),

Callable

12/15/33

@

100(a)(d)

(i) ....................

7.45%

(H15T5Y+313bps),

Callable

6/27/35

@

100(a)(d)(i)

.....................

2.16%

(SOFR+122bps),

9/15/29,

Callable

9/15/28

@

100(a)(d)

..................

Canadian

Imperial

Bank

of

Commerce,

4.63%

(SOFR+134bps),

9/11/30

,

Callable

9/11/29

@

100(d)

...........................................................

Credit

Agricole

SA,

5.26%

(SOFR+143bps),

1/12/37,

Callable

1/12/36

@

100(a)(d)

.......

CRH

SMW

Finance

DAC,

5.13%,

1/9/30,

Callable

12/9/29

@

....................

Deutsche

Bank

AG

4.47%

(SOFR+110bps),

12/10/31,

Callable

12/10/30

@

100(d)

..................

5.06%

(SOFR+141bps),

4/14/32,

Callable

4/14/31

@

100(d)

....................

Federation

des

Caisses

Desjardins

du

Quebec,

5.25%,

4/26/29(a)

.....................

630

644

HSBC

Holdings

PLC

6.16%

(SOFR+197bps),

3/9/29,

Callable

3/9/28

@

100(d)

......................

2.21%

(SOFR+129bps),

8/17/29,

Callable

8/17/28

@

100(d)

....................

5.29%

(SOFR+129bps),

11/19/30,

Callable

11/19/29

@

100(d)

..................

2.87%

(SOFR+141bps),

11/22/32,

Callable

11/22/31

@

100(d)

..................

5.74%

(SOFR+196bps),

9/10/36,

Callable

9/10/35

@

100(d)

....................

5.28%

(SOFR+155

bps),

3/10/37,

Callable

3/10/36

@

100(d)

....................

Manulife

Financial

Corp.,

4.99%,

12/11/35,

Callable

9/11/35

@

..................

Meiji

Yasuda

Life

Insurance

Co.,

6.10%

(H15T5Y+291bps),

6/11/55,

Callable

6/11/35

@

100(a)(d)

.........................................................

504

Mitsubishi

UFJ

Financial

Group,

Inc.,

2.49%

(H15T1Y+97bps),

10/13/32,

Callable

10/13/31

@

100(d)

.........................................................

Nationwide

Building

Society,

5.13%,

7/29/29(a)

.................................

NatWest

Group

PLC,

6.48%

(H15T5Y+220bps),

6/1/34

,

Callable

3/1/29

@

100(d)

........

Nippon

Life

Insurance

Co.

2.75%

(H15T5Y+265bps),

1/21/51,

Callable

1/21/31

@

100(a)(d)

................

2.90%

(H15T5Y+260bps),

9/16/51,

Callable

9/16/31

@

100(a)(d)

................

Nomura

Holdings,

Inc.,

3.00%,

1/22/32

.......................................

Societe

Generale

SA,

6.10%

(H15T1Y+160bps),

4/13/33,

Callable

4/13/32

@

100(a)(d)

....

Sumitomo

Life

Insurance

Co.,

5.88%

(H15T5Y+265bps),

9/10/55,

Callable

9/10/35

@

100(a)

(d) .............................................................

Sumitomo

Mitsui

Financial

Group,

Inc.

4.49%

(SOFR+102bps),

1/15/32,

Callable

1/15/31

@

100(d)

....................

5.33%

(H15T5Y+130bps),

3/3/41,

Callable

3/3/36

@

100(d)

....................

The

Bank

of

Nova

Scotia,

4.81%

(SOFR+105bps)

,

2/2/34,

Callable

2/2/33

@

100(d)

.......

UBS

Group

AG

4.88%

(H15T5Y+340bps),

Callable

2/12/27

@

100(a)(d)(i)

.....................

700

700

2.75%

(H15T1Y+110bps),

2/11/33,

Callable

2/11/32

@

100(a)(d)

................

UniCredit

SpA

7.30%

(USISOA05+491bps),

4/2/34,

Callable

4/2/29

@

100(a)(d)

................

5.46%

(H15T5Y+475bps),

6/30/35,

Callable

6/30/30

@

100(a)(d)

................

13,074

Industrials

(0.2%):

Air

Canada

Pass

Through

Trust,

3.30%,

1/15/30(a)

...............................

Danaos

Corp.,

6.88%,

10/15/32,

Callable

10/15/28

@

103.44(a)

......................

Element

Fleet

Management

Corp.

5.64%,

3/13/27,

Callable

2/13/27

@

100(a)

................................

5.04%,

3/25/30,

Callable

2/25/30

@

100(a)

................................

4.64%,

11/24/30,

Callable

10/24/30

@

100(a)

...............................

Waste

Connections,

Inc.,

5.25%,

9/1/35,

Callable

6/1/35

@

......................

823

Information

Technology

(0.1%):

Flex

Ltd.,

5.38%,

11/13/35,

Callable

8/13/35

@

..............................

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Balanced

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

Security

Description

Principal

Amount

(000) a

Value

(000) SK

Hynix,

Inc.,

5.50%,

1/16/29(a)

...........................................

$

$

Materials

(0.1%):

AngloGold

Ashanti

Holdings

PLC,

3.75%,

10/1/30,

Callable

7/1/30

@

..............

Corp.

Nacional

del

Cobre

de

Chile,

5.63%,

10/18/43(a)

............................

First

Quantum

Minerals

Ltd.,

8.63%,

6/1/31,

Callable

6/4/26

@

104.31(a)

..............

799

Sovereign

Bond

(0.4%):

Kuwait

International

Government

Bond,

4.65%,

10/9/35(a)

.........................

530

517

Mexico

Government

International

Bond

5.63%,

2/9/34,

Callable

12/9/33

@

...................................

6.88%,

5/13/37

,

Callable

2/13/37

@

..................................

Peruvian

Government

International

Bond,

5.50%,

3/30/36,

Callable

12/30/35

@

.......

Philippine

Government

International

Bond,

5.00%,

1/13/37

.........................

Saudi

Government

International

Bond,

4.13%,

1/12/29(a)

..........................

1,800

Utilities

(0.1%):

Algonquin

Power

&

Utilities

Corp.,

5.37%,

6/15/26(k)

............................

Enel

Finance

International

NV,

5.00%,

9/30/35

,

Callable

6/30/35

@

100(a)

..............

Total

Yankee

Dollars

(Cost

$18,564)

a

a

a

18,463

Municipal

Bonds

(0.0%)(f)

Massachusetts

(0.0%):(f)

Massachusetts

Development

Finance

Agency

Revenue,

Series

B,

4.84%,

9/1/43

..........

Missouri

(0.0%):(f)

Health

&

Educational

Facilities

Authority

of

the

State

of

Missouri

Revenue,

Series

A,

3.69%,

2/15/47

..........................................................

Total

Municipal

Bonds

(Cost

$200)

a

a

a

U.S.

Government

Agency

Mortgages

(8.5%)

Federal

Home

Loan

Mortgage

Corporation

6.50%,

10/1/33

-

12/1/55

.............................................

2,060

2,166

6.00%,

1/1/38

-

9/1/55

...............................................

1,609

1,662

5.50%,

1/1/39

-

4/1/55

...............................................

686

697

5.00%,

5/1/40

-

12/1/54

..............................................

1.50%,

3/1/42

.....................................................

993

826

4.00%,

10/1/42

-

4/1/47

..............................................

3.00%,

12/1/46

-

9/1/52

..............................................

3.50%,

12/1/46

-

3/1/48

..............................................

4.50%,

3/1/47

.....................................................

2.50%,

5/1/51

-

4/1/52

...............................................

675

573

7.00%,

8/1/54

-

10/1/55

..............................................

824

878

7,785

Federal

Home

Loan

Mortgage

Corporation

REMICs

6.50%,

7/1/55

.....................................................

Federal

National

Mortgage

Association

6.50%,

4/1/29

-

4/25/56

..............................................

929

974

6.00%,

9/1/29

-

4/25/56

..............................................

1,862

1,915

3.00%,

10/1/30

-

2/1/57

..............................................

2,445

2,152

5.00%,

5/1/31

-

5/25/56

..............................................

3,399

3,374

5.50%,

3/1/34

-

5/25/56

..............................................

4,957

5,025

7.00%,

1/1/36

.....................................................

4.00%,

10/1/40

-

10/1/52

.............................................

591

561

.50%,

5/25/41

....................................................

2.00%,

5/25/41

-

6/25/56

.............................................

1,400

1,143

2.50%,

5/25/41

-

6/25/56

.............................................

3,827

3,285

4.50%,

9/1/43

-

5/25/55

..............................................

1,872

1,805

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Balanced

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

Security

Description

Principal

Amount

(000) a

Value

(000) 3.50%,

2/1/49

-

6/25/56

..............................................

$

5,051

$

4,607

4.00%,

5/25/56

....................................................

800

750

25,777

Government

National

Mortgage

Association

7.00%,

8/15/28

....................................................

—(l)

–(l)

6.50%,

11/20/28

-

5/15/33

.............................................

7.50%,

9/20/29

....................................................

—(l)

–(l)

8.00%,

2/15/30

....................................................

5.50%,

8/15/33

-

5/20/56

.............................................

779

786

6.00%,

10/15/33

-

4/20/55

.............................................

636

651

5.00%,

4/20/38

-

5/20/56

.............................................

793

788

4.50%,

5/15/39

-

5/20/56

.............................................

534

519

4.00%,

9/15/41

-

5/20/56

.............................................

3.50%,

11/15/41

-

5/20/56

.............................................

2.00%,

3/20/52

-

5/20/56

.............................................

773

636

2.50%,

4/20/52

-

5/20/56

.............................................

955

818

3.00%,

5/20/52

-

5/20/56

.............................................

669

596

6.50%,

5/20/56

....................................................

5,999

Total

U.S.

Government

Agency

Mortgages

(Cost

$40,224)

a

a

a

39,897

U.S.

Treasury

Obligations

(9.6%)

U.S.

Treasury

Bills

2.83%,

5/5/26(m)

...................................................

15,000

14,994

3.41%,

5/19/26(m)

..................................................

22,500

22,460

U.S.

Treasury

Bonds

4.63%,

2/15/46

....................................................

2,000

1,910

3.13%,

5/15/48

....................................................

5,838

4,346

U.S.

Treasury

Inflation

Indexed

Notes,

1.88%,

7/15/35

............................

1,210

1,214

Total

U.S.

Treasury

Obligations

(Cost

$45,688)

a

a

a

44,924

Shares

Affiliated

Mutual

Funds

(0.4%)

Victory

Pioneer

ILS

Interval

Fund

...........................................

162,647

1,680

Total

Affiliated

Mutual

Funds

(Cost

$1,582)

a

a

a

1,680

Total

Investments

(Cost

$354,058)

—

102.9%

480,419

Liabilities

in

excess

of

other

assets

— (2.9)%

(13,454)

NET

ASSETS

-

100.00%

$

466,965

At

April

30,

2026,

the

Fund's

investments

in

foreign

securities

were

9.9%

of

net

assets.

(a) Rule

144A

security

or

other

security

that

is

restricted

as

to

resale

to

institutional

investors.

As

of

April

30,

2026,

the

fair

value

of

these

securities

was

$46,253

(thousands)

and

amounted

to

9.9%

of

net

assets.

(b) Currently

the

issuer

is

in

default

with

respect

to

interest

and/or

principal

payments.

(c) The

rate

for

certain

asset-backed

and

mortgage-backed

securities

may

vary

based

on

factors

relating

to

the

pool

of

assets

underlying

the

security.

The

rate

disclosed

is

the

rate

in

effect

at

April

30,

2026. (d) Variable

or

Floating-Rate

Security.

Rate

disclosed

is

as

of

April

30,

2026. (e) Security

is

interest

only.

(f) Amount

represents

less

than

0.05%

of

net

assets.

(g) Zero-coupon

bond.

(h) Non-income

producing

security.

(i) Security

is

perpetual

and

has

no

final

maturity

date

but

may

be

subject

to

calls

at

various

dates

in

the

future.

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Balanced

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

Security

Name

Acquisition

Date

Cost

Value

Blue

Ridge

Re

.....................................................

11/14/2023

$

Bonanza

Re

.......................................................

12/16/2024

Four

Lakes

Re

.....................................................

12/8/2023

Galileo

Re

........................................................

12/4/2023

High

Point

Re

.....................................................

12/1/2023

Integrity

Re

.......................................................

10/22/2025

Mayflower

Re

.....................................................

2/18/2026

Merna

Re

........................................................

2/17/2026

Mystic

Re

........................................................

12/12/2023

Residential

Re

.....................................................

11/7/2023

Residential

Re

.....................................................

11/4/2024

Sanders

Re

III

.....................................................

1/16/2024

Total

(0.7%

of

net

assets)

$3,012

$3,048

(j) The

following

table

details

the

earliest

acquisition

date,

cost,

and

market

value

of

the

Fund's

restricted

securities

due

to

trading

restrictions

at

April

30,

2026

(amounts

in

thousands):

(k) Stepped

coupon

security

for

which

the

coupon

rate

of

interest

adjusts

on

specified

date(s);

rate

shown

is

effective

rate

at

period-end.

(l) Rounds

to

less

than

$1

thousand.

(m) Rate

represents

the

effective

yield

at

April

30,

2026. ABS

—

Asset-Backed

Securities

ADR

—

American

Depositary

Receipt

bps

—

Basis

points

BRMMUSDF

—

BlackRock

Liquidity

Fund

Treasury

Trust

Fund

Portfolio

Fund

Yield

CLO

—

Collateralized

Loan

Obligations

CMO

—

Collateralized

Mortgage

Obligations

FREMF

—

Freddie

Mac

Multifamily

Fixed-Rate

Mortgage

Loans

FHMMUSTF

—

Federated

Hermes

US

Treasury

Cash

Reserves

Fund

Yield

GDR

—

Global

Depositary

Receipt

GSMMUSTI

—

Goldman

Sachs

Money

Market

U.S.

Treasury

Instrument

Index

H15T1Y

—

Year

Treasury

Constant

Maturity

Rate,

rate

disclosed

as

of

April

30,

2026. H15T5Y

—

Year

Treasury

Constant

Maturity

Rate,

rate

disclosed

as

of

April

30,

2026. H15T10Y

—

Year

Treasury

Constant

Maturity

Rate,

rate

disclosed

as

of

April

30,

2026. ICE

—

Intercontinental

Exchange,

Inc.

IBA

—

ICE

Benchmark

Administration

Limited

JMMMUSTF

—

JPMorgan

100%

US

Treasury

Securities

Money

Market

Fund

Yield

LLC

—

Limited

Liability

Company

LP

—

Limited

Partnership

MBS

—

Mortgage-Backed

Securities

MSMMUSTF

—

Morgan

Stanley

Institutional

Liquidity

Funds

Treasury

Securities

Portfolio

Fund

Yield

MTN

—

Medium

Term

Note

PLC

—

Public

Limited

Company

PRIME

—

US

Prime

rate,

rate

disclosed

as

of

April

30,

2026. REMIC

—

Real

Estate

Mortgage

Investment

Conduits

SOFR

—

Secured

Overnight

Financing

Rate

SOFRINDX

—

United

States

SOFR

Compounded

Index,

rate

disclosed

as

of

April

30,

2026. SOFR01M

—

Month

SOFR,

rate

disclosed

as

of

April

30,

2026. SOFR30A

—

day

average

of

SOFR,

rate

disclosed

as

of

April

30,

2026. TSFR1M

—

Month

Term

SOFR,

rate

disclosed

as

of

April

30,

2026. TSFR3M

—

Month

Term

SOFR,

rate

disclosed

as

of

April

30,

2026. US0003M

—

Month

US

Dollar

London

Interbank

Offered

Rate,

rate

disclosed

as

of

April

30,

2026,

based

on

the

last

reset

date

of

the

security.

USISOA05

—

ICE

IBA

-

USD

SOFR

Spread-Adjusted

ICE

Year

Swap

Rate,

rate

disclosed

as

of

April

30,

2026. Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Balanced

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

TBA

Sales

Commitments

Security

Description

Principal

Amount

(000) Value

(000) TBA

Sales

Commitments

-

(1.70%)

Collateralized

Mortgage

Obligations

— (1.70%)

Federal

National

Mortgage

Association

3.50%

,

5/25/55

....................................................

(1,300)

$

(1,183)

6.00%

,

5/25/55

....................................................

(2,300)

(2,348)

6.00%

,

6/25/56

....................................................

(900) (918) 6.00%

,

4/25/56

....................................................

(100) (102) 6.50%

,

5/25/55

....................................................

(3,200)

(3,320)

6.50%

,

4/25/56

....................................................

(100) (103) Total

TBA

Sales

Commitments

(Proceeds $7,979)

$(7,974)

Futures

Contracts

Purchased

Number

of

Contracts

Expiration

Date

Notional

Amount

(000) Value

(000) Unrealized

Appreciation

(Depreciation)

(000) 2-Year

U.S.

Treasury

Note

Futures

.......

6/30/26

$

8,748

$

8,699

$

(49) 30-Year

U.S.

Treasury

Bond

Futures

.....

6/18/26

1,756

1,693

(63) 5-Year

U.S.

Treasury

Note

Futures

.......

6/30/26

24,673

24,371

(302) U.S.

10-Year

Ultra

Futures

............

6/18/26

8,868

8,690

(178) Ultra

Long

Term

U.S.

Treasury

Bond

Futures

6/18/26

8,064

7,707

(357) $

(949) Futures

Contracts

Sold

Number

of

Contracts

Expiration

Date

Notional

Amount

(000) Value

(000) Unrealized

Appreciation

(Depreciation)

(000) 10-Year

U.S.

Treasury

Note

Futures

......

6/18/26

$

1,241

$

1,217

$

Total

unrealized

appreciation

$

Total

unrealized

depreciation

(949) Total

net

unrealized

appreciation

(depreciation)

$

(925) Centrally

Cleared

Credit

Default

Swap

Agreements

-

Sell

Protection

Underlying

Instruments

Fixed

Deal

Receive

Rate

Maturity

Date

Payment

Frequency

Notional

Amount

(000) Value

(000) Premiums

Paid

(Received)

(000) Unrealized

Appreciation

(Depreciation)

(000) Markit

CDX

North

America

High

Yield

Index

Series

...........................

5.00%

12/20/29

Quarterly

$

1,366

$

$

$

$

$

$

Affiliated

Holdings

(Amounts

in

thousands,

except

Shares)

Fair

Value

7/31/2025

Purchases

at

Cost

Proceeds

from

Sales

Net

Realized

Gains

(Losses)

Net

Change

in

Unrealized

Appreciation/

Depreciation

Fair

Value

4/30/2026

Shares

Dividend

Income

Capital

Gain

Distributions

Victory

Pioneer

ILS

Interval

Fund

................

$

1,404

$

$

—

$

—

$

$

1,680

162,647

$

$

—

Schedule

of

Portfolio

Investments

April

30,

2026

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Multi-Asset

#### Income

#### Fund

(Unaudited)

Security

Description

Principal

Amount

(000) a

Value

(000) Asset-Backed

Securities

(0.6%)

ABS

Auto

(0.2%):

Avid

Automobile

Receivables

Trust

,

Series

2023-1

,

Class

C

,

.35

%

,

12/15/27

,

Callable

2/15/27

@

(a) .........................................................

$

748

$

750

Exeter

Automobile

Receivables

Trust

,

Series

2025-2A

,

Class

E

,

.81

%

,

10/15/32

,

Callable

2/15/29

@

(a) ...................................................

9,330

9,625

Merchants

Fleet

Funding

LLC

,

Series

2023-1A

,

Class

E

,

.80

%

,

5/20/36

,

Callable

7/20/26

@

(a) ...........................................................

2,000

2,017

Tricolor

Auto

Securitization

Trust

...........................................

Series

2022-1A

,

Class

F

,

.00

%

,

7/16/29

,

Callable

5/15/26

@

(a) (b) ............

2,500

1,387

Series

2023-1A

,

Class

E

,

.00

%

,

6/15/28

,

Callable

5/15/26

@

(a) (b) ............

5,000

2,625

16,404

ABS

Card

(0.1%):

Mercury

Financial

Credit

Card

Master

Trust

,

Series

2024-2A

,

Class

C

,

.42

%

,

7/20/29

,

Callable

5/20/26

@

(a) ............................................

10,220

10,273

ABS

Other

(0.3%):

Auxilior

Term

Funding

LLC

,

Series

2023-1A

,

Class

E

,

.97

%

,

12/15/32

,

Callable

1/15/28

@

(a) ...........................................................

4,250

4,582

CFMT

LLC

...........................................................

Series

2023-HB12

,

Class

M2

,

.25

%

,

4/25/33

(a) (c) ..........................

4,350

4,302

Series

2023-HB12

,

Class

M3

,

.25

%

,

4/25/33

(a) (c) ..........................

1,600

1,579

Granite

Park

Equipment

Leasing

LLC

,

Series

2023-1A

,

Class

F

,

.00

%

,

6/20/35

,

Callable

11/20/28

@

(a) ..................................................

4,198

3,977

Libra

Solutions

LLC

,

Series

2025-1A

,

Class

C

,

.90

%

,

8/15/39

(a) ....................

1,000

995

Octane

Receivables

Trust

,

Series

2022-1A

,

Class

E

,

.33

%

,

12/20/29

,

Callable

9/20/26

@

(a) ...........................................................

1,664

1,681

PEAR

LLC

,

Series

2023-1

,

Class

C

,

.00

%

,

7/15/35

,

Callable

9/15/27

@

(a) .........

1,249

1,247

RMF

Buyout

Issuance

Trust

,

Series

2022-HB1

,

Class

M5

,

.50

%

,

4/25/32

,

Callable

4/25/27

@

(a) (c) (d) .......................................................

1,800

Rosy

Blue

Carat

SCS

,

Series

2018-1

,

Class

A1R

,

.48

%

,

3/15/30

(a) (d) .................

Westgate

Resorts

LLC

,

Series

2023-1A

,

Class

D

,

.14

%

,

12/20/37

,

Callable

4/20/27

@

(a) 1,514

1,551

20,339

Total

Asset-Backed

Securities

(Cost

$49,924)

a

a

a

47,016

Collateralized

Mortgage

Obligations

(1.9%)

Commercial

MBS

(0.4%):

BBCMS

Mortgage

Trust

..................................................

Series

2024-5C27

,

Class

AS

,

.41

%

,

7/15/57

,

Callable

7/15/29

@

(c) ...........

5,000

5,179

Series

2024-C28

,

Class

A5

,

.40

%

,

9/15/57

,

Callable

8/15/34

@

..............

5,000

5,124

Benchmark

Mortgage

Trust

,

Series

2024-V8

,

Class

AM

,

.86

%

,

7/15/57

,

Callable

7/15/29

@

(c) ...........................................................

4,311

4,508

MCR

Mortgage

Trust

,

Series

2024-TWA

,

Class

F

,

.38

%

,

6/12/39

(a) (e) ...............

6,310

6,368

SLG

Office

Trust

,

Series

2021-OVA

,

Class

D

,

.85

%

,

7/15/41

(a) (e) ...................

6,440

5,614

THPT

Mortgage

Trust

,

Series

2023-THL

,

Class

A

,

.23

%

,

12/10/34

(a) (c) (e) .............

3,043

3,060

29,853

Private

CMO

Floating

(1.4%):

Bellemeade

Re

Ltd.

,

Series

2022-1

,

Class

B1

,

.15

%

(SOFR30A

+

550

bps)

,

1/26/32

,

Callable

1/25/27

@

(a) (f) .................................................

2,400

2,444

Connecticut

Avenue

Securities

Trust

.........................................

Series

2020-R01

,

Class

1B1

,

.01

%

(SOFR30A

+

bps)

,

1/25/40

,

Callable

1/25/27

@

(a) (f) .........................................................

4,020

4,073

Series

2020-R02

,

Class

2B1

,

.76

%

(SOFR30A

+

bps)

,

1/25/40

,

Callable

1/25/27

@

(a) (f) .........................................................

8,502

8,606

Series

2021-R01

,

Class

1B2

,

.65

%

(SOFR30A

+

600

bps)

,

10/25/41

,

Callable

10/25/26

@

(a) (f) .........................................................

4,610

4,705

Series

2021-R02

,

Class

2B2

,

.85

%

(SOFR30A

+

620

bps)

,

11/25/41

,

Callable

11/25/26

@

(a) (f) .........................................................

3,688

3,781

Series

2021-R03

,

Class

1B2

,

.15

%

(SOFR30A

+

550

bps)

,

12/25/41

,

Callable

12/25/26

@

(a) (f) .........................................................

5,895

6,038

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Multi-Asset

#### Income

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

Security

Description

Principal

Amount

(000) a

Value

(000) Series

2022-R01

,

Class

1B2

,

.65

%

(SOFR30A

+

600

bps)

,

12/25/41

,

Callable

12/25/26

@

(a) (f) .........................................................

$

5,360

$

5,509

Series

2022-R05

,

Class

2B2

,

.65

%

(SOFR30A

+

700

bps)

,

4/25/42

,

Callable

4/25/27

@

(a) (f) .........................................................

6,000

6,319

Federal

Home

Loan

Mortgage

Corporation

Multifamily

Structured

Credit

Risk

Trust

.......

Series

2021-MN1

,

Class

B1

,

.40

%

(SOFR30A

+

775

bps)

,

1/25/51

,

Callable

1/25/29

@

(a) (f) .........................................................

899

986

Series

2021-MN3

,

Class

M1

,

.95

%

(SOFR30A

+

bps)

,

11/25/51

,

Callable

7/25/36

@

(a) (f) .........................................................

1,062

1,063

Federal

Home

Loan

Mortgage

Corporation

STACR

REMIC

Trust

....................

Series

2020-DNA6

,

Class

B2

,

.30

%

(SOFR30A

+

565

bps)

,

12/25/50

,

Callable

12/25/30

@

(a) (f) .......................................................

2,675

3,067

Series

2020-HQA5

,

Class

B2

,

.05

%

(SOFR30A

+

740

bps)

,

11/25/50

,

Callable

11/25/30

@

(a) (f) .......................................................

1,900

2,310

Series

2021-DNA1

,

Class

B2

,

.40

%

(SOFR30A

+

bps)

,

1/25/51

,

Callable

1/25/31

@

(a) (f) .........................................................

2,765

3,074

Series

2021-DNA2

,

Class

B2

,

.65

%

(SOFR30A

+

600

bps)

,

8/25/33

,

Callable

8/25/33

@

(a) (f) .........................................................

795

980

Series

2021-DNA3

,

Class

B2

,

.90

%

(SOFR30A

+

625

bps)

,

10/25/33

,

Callable

10/25/33

@

(a) (f) .......................................................

2,170

2,716

Series

2021-DNA5

,

Class

B2

,

.15

%

(SOFR30A

+

550

bps)

,

1/25/34

(a) (f) ...........

3,530

4,283

Series

2021-DNA7

,

Class

B2

,

.45

%

(SOFR30A

+

780

bps)

,

11/25/41

,

Callable

11/25/26

@

(a) (f) .......................................................

3,480

3,598

Series

2021-HQA1

,

Class

B2

,

.65

%

(SOFR30A

+

500

bps)

,

8/25/33

(a) (f) ...........

5,405

6,330

Series

2021-HQA2

,

Class

B2

,

.10

%

(SOFR30A

+

545

bps)

,

12/25/33

(a) (f) ..........

1,310

1,588

Series

2021-HQA3

,

Class

B2

,

.90

%

(SOFR30A

+

625

bps)

,

9/25/41

,

Callable

9/25/26

@

(a) (f) .........................................................

1,970

2,005

Series

2022-DNA1

,

Class

B2

,

.75

%

(SOFR30A

+

710

bps)

,

1/25/42

,

Callable

1/25/27

@

(a) (f) .........................................................

3,450

3,584

Series

2022-DNA2

,

Class

B2

,

.15

%

(SOFR30A

+

850

bps)

,

2/25/42

,

Callable

2/25/27

@

(a) (f) .........................................................

2,650

2,793

Federal

Home

Loan

Mortgage

Corporation

STACR

Trust

..........................

Series

2019-DNA3

,

Class

B2

,

.91

%

(SOFR30A

+

826

bps)

,

7/25/49

,

Callable

2/25/28

@

(a) (f) .........................................................

6,608

7,290

Series

2019-DNA4

,

Class

B2

,

.01

%

(SOFR30A

+

636

bps)

,

10/25/49

,

Callable

12/25/28

@

(a) (f) .......................................................

3,150

3,428

Series

2019-FTR3

,

Class

B2

,

.58

%

(SOFR30A

+

bps)

,

9/25/47

,

Callable

12/25/29

@

(a) (f) .........................................................

8,395

9,162

Series

2019-FTR4

,

Class

B2

,

.76

%

(SOFR30A

+

511

bps)

,

11/25/47

,

Callable

12/25/29

@

(a) (f) .........................................................

3,020

3,314

Home

Re

Ltd.

,

Series

2023-1

,

Class

M1B

,

.25

%

(SOFR30A

+

bps)

,

10/25/33

,

Callable

7/25/28

@

(a) (f) .................................................

790

808

Multifamily

Connecticut

Avenue

Securities

Trust

................................

Series

2019-01

,

Class

CE

,

.51

%

(SOFR30A

+

886

bps)

,

10/25/49

(a) (f) ............

5,750

5,848

Series

2019-01

,

Class

M10

,

.01

%

(SOFR30A

+

bps)

,

10/25/49

(a) (f) ............

1,515

1,536

Series

2020-01

,

Class

M10

,

.51

%

(SOFR30A

+

bps)

,

3/25/50

(a) (f) .............

1,984

2,013

STACR

Trust

,

Series

2018-HRP2

,

Class

B2

,

.26

%

(SOFR30A

+

1061

bps)

,

2/25/47

,

Callable

11/25/28

@

(a) (f) ................................................

5,880

7,054

Triangle

Re

Ltd.

,

Series

2023-1

,

Class

M1A

,

.05

%

(SOFR30A

+

bps)

,

11/25/33

,

Callable

7/25/28

@

(a) (f) .................................................

1,936

1,948

122,253

Private

CMO

Other

(0.1%):

Global

Mortgage

Securitization

Ltd.

.........................................

Series

2004-A

,

Class

B1

,

.25

%

,

11/25/32

,

Callable

5/25/26

@

(a) .............

Series

2004-A

,

Class

B2

,

.25

%

,

11/25/32

,

Callable

5/25/26

@

(a) .............

—

(g) J.P.

Morgan

Mortgage

Trust

,

Series

2026-ACES1

,

Class

B1

,

.50

%

,

4/25/66

,

Callable

2/25/31

@

(a) (c) .......................................................

12,360

12,246

12,250

Total

Collateralized

Mortgage

Obligations

(Cost

$156,037)

a

a

a

164,356

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Multi-Asset

#### Income

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

Security

Description

Shares

a

Value

(000) Common

Stocks

(49.9%)

Communication

Services

(0.9%):

Pinterest,

Inc.

,

Class

A

(h) .................................................

430,597

$

8,465

T-Mobile

US,

Inc.

......................................................

360,214

70,422

78,887

Consumer

Discretionary

(0.9%):

Brightstar

Lottery

PLC

...................................................

3,052,046

40,073

Darden

Restaurants,

Inc.

..................................................

64,529

12,942

General

Motors

Co.

.....................................................

54,072

4,158

Honma

Golf

Ltd.

(a) (h) ...................................................

5,055,000

1,904

Hyundai

Motor

Co.

.....................................................

11,464

4,104

Kia

Corp.

............................................................

26,274

2,689

Nitori

Holdings

Co.

Ltd.

..................................................

875,800

12,400

78,270

Consumer

Staples

(1.7%):

Associated

British

Foods

PLC

..............................................

991,989

24,661

Bakkafrost

P/F

.........................................................

82,922

4,135

Conagra

Brands,

Inc.

....................................................

406,472

5,833

Fomento

Economico

Mexicano

SAB

de

CV

,

ADR

...............................

603,298

71,334

Magnit

PJSC

(h) (i) ......................................................

195,032

—

Unilever

PLC

.........................................................

712,672

41,671

X5

Retail

Group

NV

,

GDR

(d) (h) (i) ..........................................

48,325

—

147,634

Energy

(6.7%):

APA

Corp.

............................................................

138,724

5,650

BW

LPG

Ltd.

(a) .......................................................

2,175,948

43,421

Coterra

Energy,

Inc.

.....................................................

249,175

8,948

Energy

Transfer

LP

.....................................................

2,158,739

43,585

Enterprise

Products

Partners

LP

.............................................

594,844

23,020

Expand

Energy

Corp.

....................................................

433,550

44,287

HF

Sinclair

Corp.

.......................................................

1,151,318

77,380

LUKOIL

PJSC

(h) (i) .....................................................

47,954

—

MPLX

LP

............................................................

872,763

49,110

Ovintiv,

Inc.

..........................................................

871,040

53,613

Permian

Resources

Corp.

,

Class

A

...........................................

2,310,029

49,943

Plains

All

American

Pipeline

LP

............................................

364,794

8,398

Range

Resources

Corp.

...................................................

403,881

17,569

Rosneft

Oil

Co.

PJSC

(h) (i) ................................................

1,271,403

—

Shell

PLC

,

ADR

.......................................................

1,149,016

104,181

SM

Energy

Co.

........................................................

365,411

11,339

Tourmaline

Oil

Corp.

....................................................

244,900

11,863

Viper

Energy,

Inc.

,

Class

A

................................................

93,812

4,632

Western

Midstream

Partners

LP

.............................................

249,581

10,852

567,791

Financials

(19.4%):

ABN

AMRO

Bank

NV

,

Class

CV

...........................................

713,049

24,763

AGNC

Investment

Corp.

.................................................

1,527,394

16,832

Angel

Oak

Mortgage

REIT,

Inc.

............................................

944,060

8,563

Banco

Bilbao

Vizcaya

Argentaria

SA

.........................................

614,255

13,561

Banco

de

Sabadell

SA

...................................................

21,800,259

84,383

Bank

of

America

Corp.

...................................................

7,557,197

404,008

Bank

of

Ireland

Group

PLC

...............................................

3,000,917

58,959

BlackRock

TCP

Capital

Corp.

..............................................

2,118,828

9,153

BNP

Paribas

SA

........................................................

195,305

20,453

Capital

One

Financial

Corp.

...............................................

122,358

23,407

Citizens

Financial

Group,

Inc.

..............................................

1,057,622

68,798

Danske

Bank

A/S

.......................................................

613,426

31,533

DNB

Bank

ASA

........................................................

787,655

23,856

Edenred

SE

...........................................................

1,148,377

28,681

First

Abu

Dhabi

Bank

PJSC

...............................................

165,590

792

FS

KKR

Capital

Corp.

...................................................

1,201,418

13,516

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Multi-Asset

#### Income

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

Security

Description

Shares

a

Value

(000) Goldman

Sachs

BDC,

Inc.

................................................

274,421

$

2,698

Grupo

Financiero

Banorte

SAB

de

CV

,

Class

O

.................................

10,403,600

112,966

Hana

Financial

Group,

Inc.

................................................

1,073,803

92,597

Huntington

Bancshares,

Inc.

...............................................

3,223,048

54,018

Intesa

Sanpaolo

SpA

.....................................................

4,366,045

29,592

KB

Financial

Group,

Inc.

.................................................

822,295

88,982

KeyCorp

.............................................................

2,728,671

60,331

Ladder

Capital

Corp.

,

Class

A

..............................................

528,740

5,435

Morgan

Stanley

Direct

Lending

Fund

........................................

40,000

620

Nexi

SpA

(a) ..........................................................

19,402,341

92,180

Nordea

Bank

Abp

.......................................................

3,033,852

56,935

Regions

Financial

Corp.

..................................................

3,746,763

106,970

Rithm

Capital

Corp.

.....................................................

906,673

8,867

Two

Harbors

Investment

Corp.

.............................................

511,976

5,924

U.S.

Bancorp

..........................................................

1,902,916

107,819

1,657,192

Health

Care

(4.3%):

Bristol-Myers

Squibb

Co.

.................................................

2,149,555

130,242

Elevance

Health,

Inc.

....................................................

78,835

29,675

Pfizer,

Inc.

............................................................

1,564,705

41,778

Sanofi

SA

............................................................

1,589,044

148,863

Viatris,

Inc.

...........................................................

751,615

11,229

361,787

Industrials

(3.7%):

BayCurrent,

Inc.

.......................................................

494,700

15,989

CSG

NV

(h) ...........................................................

47,994

1,037

Fuji

Electric

Co.

Ltd.

....................................................

345,900

28,911

Hensoldt

AG

..........................................................

308,177

27,894

Honeywell

International,

Inc.

..............................................

29,235

6,266

Hyundai

Rotem

Co.

Ltd.

..................................................

286,922

51,941

Logista

Integral

SA

.....................................................

320,422

12,515

MasTec,

Inc.

(h) ........................................................

63,660

25,085

Paychex,

Inc.

..........................................................

634,157

58,742

Regal

Rexnord

Corp.

....................................................

139,319

29,958

Star

Bulk

Carriers

Corp.

..................................................

1,077,637

27,081

Union

Pacific

Corp.

.....................................................

61,787

16,650

United

Parcel

Service,

Inc.

,

Class

B

..........................................

42,405

4,614

Webuild

SpA

..........................................................

3,178,536

9,416

316,099

Information

Technology

(5.5%):

Adobe,

Inc.

(h) .........................................................

328,461

80,834

Capgemini

SE

.........................................................

275,709

33,329

Cisco

Systems,

Inc.

.....................................................

1,060,511

97,037

FUJIFILM

Holdings

Corp.

................................................

1,397,500

25,798

International

Business

Machines

Corp.

........................................

244,299

56,428

QUALCOMM,

Inc.

.....................................................

96,618

17,351

Samsung

Electronics

Co.

Ltd.

..............................................

1,040,361

154,665

465,442

Materials

(4.3%):

Amcor

PLC

...........................................................

1,072,522

40,799

Barrick

Mining

Corp.

....................................................

1,656,003

65,147

Buzzi

SpA

............................................................

1,483,650

81,005

Celanese

Corp.

,

Class

A

..................................................

255,992

17,346

CRH

PLC

............................................................

576,879

68,314

Newmont

Corp.

........................................................

263,093

29,227

PPG

Industries,

Inc.

.....................................................

195,042

21,162

thyssenkrupp

AG

.......................................................

2,890,767

34,216

Torex

Gold

Resources,

Inc.

................................................

288,200

11,869

369,085

Real

Estate

(0.5%):

BXP,

Inc.

.............................................................

28,433

1,662

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Multi-Asset

#### Income

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

Security

Description

Shares

a

Value

(000) Crown

Castle,

Inc.

......................................................

55,229

$

4,903

Douglas

Emmett,

Inc.

....................................................

183,641

1,985

Gaming

and

Leisure

Properties,

Inc.

.........................................

122,382

5,931

Sino

Land

Co.

Ltd.

......................................................

6,162,000

9,826

SL

Green

Realty

Corp.

...................................................

470,692

19,962

44,269

Utilities

(2.0%):

CMS

Energy

Corp.

......................................................

108,924

8,359

Eversource

Energy

......................................................

1,834,052

129,668

FirstEnergy

Corp.

.......................................................

593,504

28,203

166,230

Total

Common

Stocks

(Cost

$3,491,995)

a

a

a

4,252,686

Preferred

Stocks

(0.0%)(j)

Financials

(0.0%):(j)

First

Horizon

Corp.

,

Series

F

,

.70

%

(k) .......................................

12,040

Total

Preferred

Stocks

(Cost

$217)

a

a

a

Principal

Amount

(000) Convertible

Corporate

Bonds

(0.1%)

Financials

(0.1%):

Redwood

Trust,

Inc.

,

.75

%

,

6/15/27

.........................................

$

9,685

9,782

Total

Convertible

Corporate

Bonds

(Cost

$9,227)

a

a

a

9,782

Senior

Secured

Loans

(0.1%)

Consumer

Discretionary

(0.0%):(j)

Clear

Channel

Outdoor

Holdings,

Inc.,

2024

Refinancing

Term

Loan

,

.77

%

(SOFR01M

+

bps)

,

8/23/28

(f) ........................................

$

501

Lucky

Bucks

LLC,

Priority

First

Out

Exit

Term

Loan

,

.25

%

(SOFR06M

+

750

bps)

,

10/2/28

(f) 14

Lucky

Bucks

LLC,

Priority

Second

Out

Term

Loan

,

.25

%

(SOFR06M

+

bps)

,

10/2/29

(f) .

536

Financials

(0.0%):(j)

Eastern

Power

LLC

(Eastern

Covert

Midco

LLC)

-

Term

Loan

,

.40

%

(SOFR01M

+

bps)

,

4/3/29

(f) .........................................................

Health

Care

(0.1%):

U.S.

Renal

Care,

Inc.,

Closing

Date

Term

Loan

,

.77

%

(SOFR01M

+

500

bps)

,

6/28/28

(f) ....

808

765

Industrials

(0.0%):(j)

Groupe

Solmax

Inc.,

Initial

Term

Loan

,

.71

%

(SOFR03M

+

bps)

,

7/24/28

(f) ..........

938

756

Materials

(0.0%):(j)

Mativ

Holdings,

Inc.,

New

Term

B

Loan

,

.15

%

(SOFR01M

+

bps)

,

4/4/33

(f) ..........

Total

Senior

Secured

Loans

(Cost

$2,910)

a

a

a

2,697

Corporate

Bonds

(3.0%)

Communication

Services

(0.1%):

Clear

Channel

Outdoor

Holdings,

Inc.

.75

%

,

4/15/28

,

Callable

6/4/26

@

(a) .................................

570

574

.50

%

,

6/1/29

,

Callable

6/4/26

@

(a) ..................................

1,860

1,863

EchoStar

Corp.

,

.75

%

,

11/30/30

,

Callable

11/30/26

@

(l) .......................

10,853

11,012

13,449

Energy

(0.2%):

PBF

Holding

Co.

LLC/PBF

Finance

Corp.

,

.88

%

,

3/15/30

,

Callable

3/15/27

@

104.94 (a) ...

14,200

15,258

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Multi-Asset

#### Income

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

Security

Description

Principal

Amount

(000) a

Value

(000) Information

Technology

(2.5%):

Oracle

Corp.

.80

%

,

11/15/37

,

Callable

5/15/37

@

..................................

$

45,257

$

35,786

.60

%

,

4/1/50

,

Callable

10/1/49

@

...................................

67,968

40,694

.95

%

,

3/25/51

,

Callable

9/25/50

@

..................................

19,645

12,349

.95

%

,

9/26/55

,

Callable

3/26/55

@

..................................

57,379

48,062

.85

%

,

4/1/60

,

Callable

10/1/59

@

...................................

11,386

6,598

.10

%

,

3/25/61

,

Callable

9/25/60

@

..................................

89,349

54,138

.13

%

,

8/3/65

,

Callable

2/3/65

@

....................................

19,247

16,047

213,674

Real

Estate

(0.2%):

Alexandria

Real

Estate

Equities,

Inc.

.00

%

,

5/18/51

,

Callable

11/18/50

@

..................................

10,844

6,686

.55

%

,

3/15/52

,

Callable

9/15/51

@

..................................

13,631

9,189

15,875

Total

Corporate

Bonds

(Cost

$274,005)

a

a

a

258,256

Insurance-Linked

Securities

(0.6%)

Collateralized

Reinsurance

(0.0%):(j)

Multiperil

-

Worldwide

-

(0.0%):(j)

Gamboge

Re

,

3/31/30

(h) (i) (m) .............................................

4,000

642

Merion

Re

,

2025-1

,

12/31/30

(h) (i) (m) ........................................

1,000

658

Event

Linked

Bonds

(0.6%):

Earthquake

-

California

-

(0.0%):(j)

Sutter

Re

,

.26

%

(FHMMUSTF

+

675

bps)

,

6/19/26

(a) (f) (i) .........................

500

501

TorRey

Pines

Re

.58

%

,

(JMMMUSTF

+

604

bps)

,

6/7/27

(a) (f) (i) .............................

.65

%

,

(JMMMUSTF

+

711

bps)

,

6/7/27

,

Callable

6/7/26

@

102.25 (a) (f) (i) .........

Earthquake

-

U.S.

-

(0.0%):(j)

Acorn

Re

,

.62

%

(GSMMUSTF

+

bps)

,

11/5/27

,

Callable

6/4/26

@

102.5 (a) (f) (i) .......

500

506

Flood

-

U.S.

-

(0.0%):(j)

FloodSmart

Re

,

.87

%

(FHMMUSTF

+

1436

bps)

,

3/12/27

(a) (f) (i) ....................

1,500

1,568

Health

-

U.S.

-

(0.1%):

Vitality

Re

XIV

.01

%

,

(FHMMUSTF

+

bps)

,

1/5/27

(a) (f) (i) .............................

3,250

3,282

.01

%

,

(FHMMUSTF

+

bps)

,

1/5/27

(a) (f) (i) .............................

600

609

Multiperil

-

Florida

-

(0.0%):(j)

Sanders

Re

III

,

.27

%

(BRMMUSDF

+

772

bps)

,

6/5/26

(a) (f) (i) ......................

650

653

Multiperil

-

U.S.

-

(0.5%):

Aquila

Re

,

.94

%

(BRMMUSDF

+

539

bps)

,

6/7/27

,

Callable

6/4/26

@

(a) (f) (i) ........

500

511

Bonanza

Re

.26

%

,

(MSMMUSTF

+

bps)

,

12/19/27

(a) (f) (i) ...........................

.01

%

,

(MSMMUSTF

+

550

bps)

,

12/19/27

(a) (f) (i) ...........................

1,000

1,005

Four

Lakes

Re

.35

%

,

(BRMMUSDF

+

552

bps)

,

1/7/27

,

Callable

6/4/26

@

102.5 (a) (f) (i) ..........

.47

%

,

(BRMMUSDF

+

970

bps)

,

1/7/27

,

Callable

6/4/26

@

103.25 (a) (f) (i) .........

.05

%

,

(BRMMUSDF

+

550

bps)

,

1/7/28

,

Callable

12/31/26

@

(a) (f) (i) ..........

.80

%

,

(BRMMUSDF

+

825

bps)

,

1/7/28

,

Callable

12/31/26

@

102.75 (a) (f) (i) .......

Fuchsia

,

2024-1

,

.66

%

(FRMMUSTI

+

514

bps)

,

4/6/28

,

Callable

6/4/26

@

(a) (f) (i) .....

1,000

1,023

Herbie

Re

,

.79

%

(JMMMUSTF

+

725

bps)

,

1/8/29

,

Callable

12/31/27

@

(a) (f) (i) ......

500

502

High

Point

Re

,

.19

%

(BRMMUSDF

+

564

bps)

,

1/6/27

,

Callable

6/4/26

@

102.25 (a) (f) (i) ...

2,000

2,023

Merna

Re

II

.89

%

,

(GSMMUSTI

+

838

bps)

,

7/7/26

(a) (f) (i) .............................

1,300

1,314

.98

%

,

(GSMMUSTI

+

747

bps)

,

7/7/27

(a) (f) (i) .............................

750

772

.00

%

,

(GSMMUSTI

+

849

bps)

,

7/7/27

,

Callable

6/30/26

@

103.25 (a) (f) (i) ........

1,500

1,541

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Multi-Asset

#### Income

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

Security

Description

Principal

Amount

(000) a

Value

(000) Mystic

Re

.51

%

,

(GSMMUSTI

+

1200

bps)

,

1/8/27

(a) (f) (i) ............................

$

1,750

$

1,757

.41

%

,

(GSMMUSTI

+

bps)

,

1/10/28

(a) (f) (i) .............................

Residential

Re

.13

%

,

(JMMMUSTF

+

759

bps)

,

12/6/26

(a) (f) (i) ...........................

500

506

.51

%

,

(JMMMUSTF

+

597

bps)

,

12/6/27

(a) (f) (i) ............................

750

777

.24

%

,

(JMMMUSTF

+

870

bps)

,

12/6/27

(a) (f) (i) ...........................

1,250

1,286

.92

%

,

(JMMMUSTF

+

538

bps)

,

12/6/28

(a) (f) (i) ............................

1,000

1,020

.48

%

,

(JMMMUSTF

+

694

bps)

,

12/6/28

(a) (f) (i) ...........................

1,000

1,010

Sanders

Re

.54

%

,

(BRMMUSDF

+

bps)

,

4/7/29

(a) (f) (i) .............................

2,500

2,535

.91

%

,

(BRMMUSDF

+

536

bps)

,

4/7/29

(a) (f) (i) .............................

2,500

2,530

Sanders

Re

III

.02

%

,

(BRMMUSDF

+

547

bps)

,

4/7/27

(a) (f) (i) .............................

1,600

1,627

.11

%

,

(BRMMUSDF

+

556

bps)

,

4/7/28

(a) (f) (i) .............................

750

777

Solomon

Re

,

.03

%

(GSMMUSTI

+

552

bps)

,

6/8/26

(a) (f) (i) .........................

Multiperil

-

U.S.

&

Canada

-

(0.0%):(j)

Atlas

Re

,

.88

%

(SOFR

+

1222

bps)

,

6/8/27

(a) (f) (i) ...............................

750

807

Easton

Re

,

.05

%

(BRMMUSDF

+

750

bps)

,

1/8/27

(a) (f) (i) .........................

500

505

Galileo

Re

,

.51

%

(GSMMUSTI

+

700

bps)

,

1/7/28

,

Callable

6/4/26

@

104.5 (a) (f) (i) ......

1,250

1,288

Kilimanjaro

II

Re

.80

%

,

(BRMMUSDF

+

625

bps)

,

6/30/28

,

Callable

8/8/26

@

102.25 (a) (f) (i) .........

.80

%

,

(BRMMUSDF

+

725

bps)

,

6/30/28

,

Callable

7/8/26

@

102.5 (a) (f) (i) .........

750

785

Multiperil

-

U.S.

Regional

-

(0.0%):(j)

Aquila

Re

.78

%

,

(BNMMDTSC

+

726

bps)

,

6/8/26

(a) (f) (i) ............................

500

502

.35

%

,

(BNMMDTSC

+

883

bps)

,

6/8/26

(a) (f) (i) ............................

Multiperil

-

Worldwide

-

(0.0%):(j)

Atlas

Capital

,

.23

%

(SOFR

+

757

bps)

,

6/5/26

(a) (f) (i) ............................

1,250

1,260

Cat

Re

,

2001

,

.78

%

(JMMMUSTF

+

1224

bps)

,

1/8/27

(a) (f) (i) ......................

750

758

Kendall

Re

,

.76

%

(GSMMUSTI

+

625

bps)

,

4/30/27

(a) (f) (i) .........................

1,000

1,020

Silk

Road

Re

,

.52

%

(BNMMDTSC

+

600

bps)

,

1/10/28

,

Callable

6/4/26

@

104.75 (a) (f) (i) ...

500

504

Wind

Storm

-

Florida

-

(0.0%):(j)

Marlon

Re

,

.85

%

(JMMMUSTF

+

731

bps)

,

6/7/27

,

Callable

7/1/26

@

104.25 (a) (f) (i) .....

Merna

Re

II

,

.26

%

(GSMMUSTI

+

875

bps)

,

7/7/27

(a) (f) (i) ........................

750

771

Palm

Re

,

.22

%

(BNMMDTSC

+

970

bps)

,

6/7/27

,

Callable

6/4/26

@

104.5 (a) (f) (i) .......

Purple

Re

,

.67

%

(JMMMUSTF

+

913

bps)

,

6/7/27

(a) (f) (i) .........................

500

515

Wind

Storm

-

Massachusetts

-

(0.0%):(j)

Mayflower

Re

,

.44

%

(FHMMUSTF

+

bps)

,

7/8/27

,

Callable

7/8/26

@

101.25 (a) (f) (i) ...

1,000

1,017

Wind

Storm

-

Mexico

-

(0.0%):(j)

International

Bank

for

Reconstruction

&

Development

.86

%

,

(SOFR

+

1222

bps)

,

4/24/28

(a) (f) (i) ................................

.36

%

,

(SOFR

+

1372

bps)

,

4/24/28

(a) (f) (i) ................................

Wind

Storm

-

North

Carolina

-

(0.0%):(j)

Blue

Ridge

Re

.76

%

,

(FHMMUSTF

+

525

bps)

,

1/8/27

(a) (f) (i) .............................

750

758

.50

%

,

(FHMMUSTF

+

799

bps)

,

1/8/27

(a) (f) (i) ............................

1,250

1,262

Wind

Storm

-

Texas

-

(0.0%):(j)

Alamo

Re

.59

%

,

(FHMMUSTF

+

908

bps)

,

6/7/26

(a) (f) (i) ............................

1,500

1,508

.05

%

,

(FHMMUSTF

+

654

bps)

,

6/7/27

(a) (f) (i) ............................

500

500

.94

%

,

(FHMMUSTF

+

843

bps)

,

6/7/27

(a) (f) (i) ............................

Wind

Storm

-

U.S.

-

(0.0%):(j)

Merna

Re

,

.98

%

(GSMMUSTI

+

1047

bps)

,

7/7/26

(a) (f) (i) .........................

1,600

1,623

Wind

Storm

-

U.S.

Multistate

-

(0.0%):(j)

Gateway

Re

,

.45

%

(BRMMUSDF

+

590

bps)

,

7/8/27

,

Callable

6/16/26

@

103.25 (a) (f) (i) ....

Wind

Storm

-

U.S.

Regional

-

(0.0%):(j)

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Multi-Asset

#### Income

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

Security

Description

Principal

Amount

(000) a

Value

(000) Citrus

Re

,

.14

%

(BRMMUSDF

+

659

bps)

,

6/7/26

(a) (f) (i) .........................

$

1,000

$

1,003

50,366

Reinsurance

Sidecars

(0.0%):(j)

Multiperil

-

Worldwide

-

(0.0%):(j)

Alturas

Re

7/31/26

(h) (i) (n) ....................................................

1,000

12/31/27

(h) (i) (n) ...................................................

—

(g) Sector

Re

V

12/1/29

(a) (i) (m) (o) ..................................................

12/1/29

(a) (d) (i) (m) (o) ...............................................

Thopas

Re

12/31/26

(h) (i) (n) ...................................................

1,500

12/31/26

(h) (i) (n) ...................................................

1,000

12/31/28

(h) (i) (n) ...................................................

2,500

—

12/31/29

(h) (i) (n) ...................................................

2,500

12/31/30

(h) (i) (n) ...................................................

2,500

Viribus

Re

12/31/26

(h) (i) (n) ...................................................

1,500

—

12/31/28

(h) (i) (n) ...................................................

2,000

—

600

Total

Insurance-Linked

Securities

(Cost

$50,887)

a

a

a

51,624

Equity

Linked

Notes

(22.9%)

Communication

Services

(1.2%):

BNP

Paribas

Issuance

BV

(Pinterest,

Inc.)

,

.77

%

,

3/23/27

........................

1,285

24,341

Canadian

Imperial

Bank

of

Commerce

(T-Mobile

US,

Inc.)

,

.70

%

,

3/19/27

.............

7,432

Mizuho

Structured

Products

BV

(T-Mobile

US,

Inc.)

,

.12

%

,

3/22/27

.................

7,327

The

Toronto-Dominion

Bank

(Reddit,

Inc.)

,

.37

%

,

4/9/27

........................

22,369

Wells

Fargo

Bank

NA

(Netflix,

Inc.)

,

.15

%

,

3/9/27

.............................

25,805

Wells

Fargo

Bank

NA

(Pinterest,

Inc.)

,

.18

%

,

10/13/26

..........................

6,433

Wells

Fargo

Bank

NA

(Stubhub

Holdings,

Inc.)

,

.45

%

,

10/16/26

....................

1,783

95,490

Consumer

Discretionary

(3.9%):

Bank

of

America

NA

(Brightstar

Lottery

PLC)

,

.14

%

,

8/24/26

.....................

575

7,418

BNP

Paribas

Issuance

BV

(General

Motors

Co.)

,

.03

%

,

2/8/27

(a) ...................

21,059

Citigroup

Global

Markets

Holdings,

Inc.

(General

Motors

Co.)

,

.70

%

,

11/3/26

(a) .......

17,085

Citigroup

Global

Markets

Holdings,

Inc.

(YETI

Holdings,

Inc.)

,

.68

%

,

11/19/26

(a) ......

551

20,547

Goldman

Sachs

Bank

USA

(YETI

Holdings,

Inc.)

,

.50

%

,

8/24/26

...................

9,290

HSBC

Bank

PLC

(Amazon.com,

Inc.)

.35

%

,

7/28/26

....................................................

29,810

.11

%

,

12/31/26

...................................................

22,395

HSBC

Bank

PLC

(Genuine

Parts

Co.)

,

.88

%

,

3/8/27

............................

14,896

JPMorgan

Chase

Bank

NA

(Amazon.com,

Inc.)

.39

%

,

9/24/26

....................................................

38,509

.10

%

,

2/8/27

.....................................................

15,777

JPMorgan

Chase

Bank

NA

(Lululemon

Athletica,

Inc.)

,

.02

%

,

3/8/27

,

Callable

4/10/27

@

.............................................................

13,700

Mizuho

Markets

Cayman

LP

(Airbnb,

Inc.)

,

.10

%

,

5/8/26

........................

10,201

Mizuho

Markets

Cayman

LP

(Brightstar

Lottery

PLC)

,

.96

%

,

8/17/26

...............

4,903

Mizuho

Markets

Cayman

LP

(Crocs,

Inc.)

,

.34

%

,

7/10/26

........................

21,124

Mizuho

Markets

Cayman

LP

(General

Motors

Co.)

,

.92

%

,

12/30/26

.................

13,319

The

Toronto-Dominion

Bank

(Amazon.com,

Inc.)

,

.40

%

,

12/30/26

..................

22,549

Wells

Fargo

Bank

NA

(Airbnb,

Inc.)

,

.90

%

,

12/30/26

............................

27,894

Wells

Fargo

Bank

NA

(Amazon.com,

Inc.)

,

.01

%

,

9/17/26

.........................

25,473

335,949

Consumer

Staples

(0.9%):

BNP

Paribas

Issuance

BV

(BJ's

Wholesale

Club

Holdings,

Inc.)

,

.43

%

,

10/14/26

(a) .......

18,976

Canadian

Imperial

Bank

of

Commerce

(BJ's

Wholesale

Club

Holdings,

Inc.)

,

.95

%

,

11/24/26

13,479

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Multi-Asset

#### Income

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

Security

Description

Principal

Amount

(000) a

Value

(000) Citigroup

Global

Markets

Holdings,

Inc.

(Celsius

Holdings,

Inc.)

.96

%

,

11/18/26

(a) .................................................

$

$

10,628

.03

%

,

11/19/26

(a) .................................................

11,165

JPMorgan

Chase

Bank

NA

(Celsius

Holdings,

Inc.)

,

.70

%

,

4/27/27

..................

15,758

The

Toronto-Dominion

Bank

(Celsius

Holdings,

Inc.)

,

.81

%

,

12/15/26

...............

8,599

Wells

Fargo

Bank

NA

(Simply

Good

Foods

Co.)

,

.83

%

,

1/27/27

....................

2,680

81,285

Energy

(1.3%):

Canadian

Imperial

Bank

of

Commerce

(HF

Sinclair

Corp.)

,

.51

%

,

1/26/27

............

12,750

Citigroup

Global

Markets

Holdings,

Inc.

(HF

Sinclair

Corp.)

.37

%

,

6/8/26

(a) ..................................................

13,922

.36

%

,

6/12/26

....................................................

25,762

HSBC

Bank

Plc

(Range

Resources

Corp.)

,

.00

%

,

5/8/26

.........................

532

20,522

Mizuho

Markets

Cayman

LP

(Range

Resources

Corp.)

.41

%

,

9/18/26

....................................................

12,974

.54

%

,

10/20/26

...................................................

13,213

Royal

Bank

of

Canada

(Ovintiv,

Inc.)

,

.39

%

,

9/18/26

(a) ..........................

9,899

Wells

Fargo

Bank

NA

(HF

Sinclair

Corp.)

,

.01

%

,

2/11/27

........................

16,748

125,790

Financials

(1.8%):

BNP

Paribas

Issuance

BV

(Capital

One

Financial

Corp.)

,

.83

%

,

3/9/27

...............

22,851

Goldman

Sachs

Bank

USA

(PayPal

Holdings,

Inc.)

,

.34

%

,

12/31/26

.................

12,316

HSBC

Bank

PLC

(PayPal

Holdings,

Inc.)

,

.40

%

,

12/30/26

........................

18,553

JPMorgan

Chase

Bank

NA

(PayPal

Holdings,

Inc.)

,

.91

%

,

6/25/26

..................

7,707

JPMorgan

Chase

Bank

NA

(Worldline

SA)

,

.98

%

,

9/29/26

........................

1,902

2,111

Merrill

Lynch

BV

(Apollo

Global

Management,

Inc.)

,

.32

%

,

4/1/27

.................

8,949

Mizuho

Markets

Cayman

LP

(Apollo

Global

Management,

Inc.)

,

.76

%

,

6/18/26

........

18,165

Mizuho

Markets

Cayman

LP

(PayPal

Holdings,

Inc.)

.13

%

,

5/14/26

....................................................

7,009

.84

%

,

8/7/26

....................................................

8,277

.12

%

,

9/29/26

....................................................

11,509

Royal

Bank

of

Canada

(PayPal

Holdings,

Inc.)

,

.42

%

,

11/12/26

(a) ..................

10,627

The

Toronto-Dominion

Bank

(PayPal

Holdings,

Inc.)

,

.97

%

,

2/12/27

................

541

24,152

Wells

Fargo

Bank

NA

(Coinbase

Global,

Inc.)

,

.37

%

,

6/25/26

.....................

5,972

158,198

Health

Care

(0.7%):

BNP

Paribas

Issuance

BV

(BioNTech

SE)

,

.02

%

,

6/18/26

(a) ......................

9,828

HSBC

Bank

PLC

(Biogen,

Inc.)

,

.35

%

,

10/14/26

...............................

13,365

HSBC

Bank

PLC

(Humana,

Inc.)

,

.62

%

,

8/10/26

...............................

13,762

Mizuho

Markets

Cayman

LP

(New

Amsterdam

Pharma

Co.

NV)

,

.56

%

,

10/20/26

.......

5,878

Wells

Fargo

Bank

NA

(Hims

&

Hers

Health,

Inc.)

,

.63

%

,

5/8/26

....................

5,805

48,638

Industrials

(2.8%):

Bank

of

America

NA

(Trex

Co.,

Inc.)

,

.59

%

,

1/27/27

............................

10,192

Bank

of

Montreal

(Red

Cat

Holdings,

Inc.)

,

.95

%

,

5/4/27

(a) .......................

6,365

Canadian

Imperial

Bank

of

Commerce

(MasTe,

Inc.)

,

.40

%

,

12/23/26

................

11,494

Citigroup

Global

Markets

Holdings,

Inc.

(AeroVironment,

Inc.)

,

.16

%

,

5/5/27

..........

5,456

Citigroup

Global

Markets

Holdings,

Inc.

(Generac

Holdings,

Inc.)

,

.20

%

,

7/30/26

(a) .....

12,189

Citigroup

Global

Markets

Holdings,

Inc.

(Kratos

Defense

&

Security

Solutions,

Inc.)

,

.16

%

,

5/5/27

...........................................................

5,520

Citigroup

Global

Markets

Holdings,

Inc.

(MasTe,

Inc.)

,

.93

%

,

2/8/27

(a) ..............

16,660

Citigroup

Global

Markets

Holdings,

Inc.

(Regal

Rexnord

Corp.)

.54

%

,

12/15/26

(a) .................................................

15,036

.28

%

,

2/8/27

(a) ..................................................

16,451

.08

%

,

2/11/27

(a) ..................................................

24,829

JP

Morgan

Structured

Products

BV

(MasTe,

Inc.)

,

.42

%

,

10/26/26

..................

7,121

Mizuho

Markets

Cayman

LP

(Forgent

Power

Solutions,

Inc.)

,

.13

%

,

4/23/27

...........

501

17,432

Mizuho

Markets

Cayman

LP

(Regal

Rexnord

Corp.)

,

.64

%

,

12/11/26

................

11,183

Royal

Bank

of

Canada

(Regal

Rexnord

Corp.)

,

.00

%

,

2/10/27

(a) ...................

20,349

Royal

Bank

of

Canada

(Uber

Technologies,

Inc.)

,

.59

%

,

2/16/27

(a) .................

14,384

Royal

Bank

of

Canada

(United

Rentals,

Inc.)

,

.08

%

,

2/10/27

(a) ....................

17,242

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Multi-Asset

#### Income

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

Security

Description

Principal

Amount

(000) a

Value

(000) Wells

Fargo

Bank

NA

(MasTe,

Inc.)

,

.81

%

,

12/11/26

............................

$

$

11,319

Wells

Fargo

Bank

NA

(Regal

Rexnord

Corp.)

,

.93

%

,

2/16/27

......................

16,800

240,022

Information

Technology

(6.8%):

Bank

of

America

(Advanced

Micro

Devices,

Inc.)

,

.06

%

,

5/19/26

...................

10,453

Citigroup

Global

Markets

Holdings,

Inc.

(Adobe,

Inc.)

,

.76

%

,

2/10/27

(a) .............

16,760

Citigroup

Global

Markets

Holdings,

Inc.

(Ondas,

Inc.)

,

.46

%

,

5/5/27

................

526

5,629

Citigroup

Global

Markets

Holdings,

Inc.

(Salesforce,

Inc.)

,

.15

%

,

5/6/27

(a) ............

16,474

Citigroup

Global

Markets

Holdings,

Inc.

(Twilio,

Inc.)

,

.72

%

,

9/24/26

(a) .............

13,218

HSBC

Bank

PLC

(Adobe,

Inc.)

,

.13

%

,

12/31/26

...............................

10,490

HSBC

Bank

PLC

(Advanced

Micro

Devices,

Inc.)

.49

%

,

10/20/26

...................................................

14,000

.00

%

,

3/8/27

....................................................

17,573

HSBC

Bank

PLC

(Microsoft

Corp.)

,

.27

%

,

3/8/27

..............................

16,162

HSBC

Bank

PLC

(Salesforce,

Inc.)

.00

%

,

3/9/27

....................................................

23,176

.87

%

,

3/10/27

....................................................

41,539

JP

Morgan

Structured

Products

BV

(Dell

Technologies,

Inc.)

,

.27

%

,

10/26/26

..........

6,935

JPMorgan

Chase

Bank

NA

(Adobe,

Inc.)

.02

%

,

12/22/26

(o) .................................................

7,933

.50

%

,

2/8/27

....................................................

13,197

JPMorgan

Chase

Bank

NA

(Ambarella,

Inc.)

,

.05

%

,

11/3/26

......................

5,629

JPMorgan

Chase

Bank

NA

(Axcelis

Technologies,

Inc.)

,

.10

%

,

8/17/26

...............

30,556

JPMorgan

Chase

Bank

NA

(First

Solar,

Inc.)

,

.78

%

,

3/22/27

.......................

8,178

JPMorgan

Chase

Bank

NA

(NVIDIA

Corp.)

,

.93

%

,

3/8/27

........................

16,218

JPMorgan

Chase

Bank

NA

(Salesforce,

Inc.)

,

.99

%

,

3/23/27

......................

14,618

Merrill

Lynch

BV

(Adobe,

Inc.)

,

.88

%

,

9/18/26

................................

17,377

Merrill

Lynch

BV

(Salesforce,

Inc.)

,

.32

%

,

4/8/27

..............................

11,903

Merrill

Lynch

International

&

Co.

CV

(First

Solar,

Inc.)

,

.60

%

,

3/19/27

..............

8,081

Mizuho

Markets

Cayman

LP

(Advanced

Micro

Devices,

Inc.)

.49

%

,

5/6/26

....................................................

15,689

.29

%

,

9/22/26

....................................................

13,249

.09

%

,

10/16/26

...................................................

10,315

Mizuho

Markets

Cayman

LP

(Intuit,

Inc.)

,

.40

%

,

3/9/27

..........................

22,917

Mizuho

Markets

Cayman

LP

(NetApp,

Inc.)

,

.22

%

,

10/28/26

......................

8,893

Royal

Bank

of

Canada

(Adobe,

Inc.)

,

.81

%

,

2/24/27

(a) ..........................

19,106

Royal

Bank

of

Canada

(Datadog,

Inc.)

,

.67

%

,

2/24/27

(a) .........................

9,357

The

Toronto-Dominion

Bank

(Adobe,

Inc.)

,

.40

%

,

12/16/26

.......................

13,723

The

Toronto-Dominion

Bank

(Intuit,

Inc.)

,

.20

%

,

2/24/27

........................

19,136

The

Toronto-Dominion

Bank

(Trimble,

Inc.)

,

.62

%

,

4/22/27

.......................

12,636

Wells

Fargo

Bank

NA

(Advanced

Micro

Devices,

Inc.)

,

.48

%

,

6/24/26

...............

57,869

Wells

Fargo

Bank

NA

(Microsoft

Corp.)

,

.14

%

,

2/27/27

..........................

19,794

Wells

Fargo

Bank

NA

(Okta,

Inc.)

,

.49

%

,

2/24/27

..............................

8,324

Wells

Fargo

Bank

NA

(QUALCOMM,

Inc.)

,

.88

%

,

7/10/26

.......................

11,511

568,618

Materials

(3.5%):

Bank

of

America

NA

(Barrick

Mining

Corp.)

,

.12

%

,

6/24/26

......................

1,015

23,100

Bank

of

America

NA

(thyssenkrupp

AG)

.45

%

,

6/29/26

....................................................

1,247

13,731

.00

%

,

9/23/26

....................................................

989

13,513

BNP

Paribas

Issuance

BV

(Alcoa

Corp.)

,

.76

%

,

2/10/27

(a) ........................

15,547

BNP

Paribas

Issuance

BV

(Barrick

Mining

Corp.)

,

.87

%

,

4/8/27

....................

12,168

Canadian

Imperial

Bank

of

Commerce

(Celanese

Corp.)

,

.55

%

,

4/22/27

..............

17,245

Citigroup

Global

Markets

Holdings,

Inc.

(Barrick

Mining

Corp.)

,

.68

%

,

6/2/26

(a) .......

13,107

Citigroup

Global

Markets

Holdings,

Inc.

(Newmont

Corp.)

,

.39

%

,

2/10/27

(a) ..........

17,855

Citigroup

Global

Markets

Holdings,

Inc.

(USA

Rare

Earth,

Inc.)

.47

%

,

11/13/26

(a) .................................................

7,946

.52

%

,

11/27/26

(a) .................................................

8,042

.47

%

,

12/2/26

(a) ..................................................

555

7,977

Goldman

Sachs

Bank

USA

(USA

Rare

Earth,

Inc.)

,

.86

%

,

11/6/26

..................

10,205

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Multi-Asset

#### Income

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

Security

Description

Principal

Amount

(000) a

Value

(000) HSBC

Bank

PLC

(Barrick

Mining

Corp.)

.87

%

,

11/2/26

....................................................

$

$

14,161

.10

%

,

12/4/26

....................................................

13,991

JP

Morgan

Structured

Products

BV

(B2Gold

Corp.)

,

.41

%

,

5/5/27

..................

1,694

7,909

JPMorgan

Chase

Bank

NA

(B2Gold

Corp.)

,

.35

%

,

6/24/26

.......................

2,841

11,109

JPMorgan

Chase

Bank

NA

(Newmont

Corp.)

,

.72

%

,

4/8/27

.......................

12,297

Merrill

Lynch

BV

(Newmont

Corp.)

,

.84

%

,

6/24/26

............................

23,513

The

Toronto-Dominion

Bank

(Celanese

Corp.)

,

.41

%

,

3/30/27

.....................

17,144

The

Toronto-Dominion

Bank

(USA

Rare

Earth,

Inc.)

,

.23

%

,

11/25/26

................

677

11,827

Wells

Fargo

Bank

NA

(B2Gold

Corp.)

,

.36

%

,

5/6/26

............................

3,026

9,684

Wells

Fargo

Bank

NA

(Teck

Resources

Ltd.)

,

.41

%

,

7/13/26

......................

17,711

299,782

Total

Equity

Linked

Notes

(Cost

$1,964,546)

a

a

a

1,953,772

Yankee

Dollars

(1.8%)

Financials

(0.9%):

BPCE

SA

,

.12

%

(SOFR

+

bps)

,

10/19/32

,

Callable

10/19/31

@

(a) (f) ............

2,500

2,218

European

Bank

for

Reconstruction

&

Development

,

.00

%

,

9/27/27

,

MTN

.............

197,470

3,806

Global

Aircraft

Leasing

Co.

Ltd.

,

.75

%

,

9/1/27

,

Callable

6/4/26

@

104.38 (a) ............

4,675

4,742

International

Finance

Corp.

.75

%

,

2/15/28

,

MTN

...............................................

26,000

5,094

.50

%

,

1/16/30

,

MTN

...............................................

153,575

30,418

Intesa

Sanpaolo

SpA

,

.78

%

(H15T1Y

+

bps)

,

6/20/54

,

Callable

6/20/53

@

(a) (f) ....

15,621

18,114

Lloyds

Banking

Group

PLC

,

.75

%

(H15T5Y

+

bps)

,

Callable

9/27/31

@

(f) (k) .....

10,000

10,288

Societe

Generale

SA

,

.22

%

(H15T1Y

+

bps)

,

6/15/33

,

Callable

6/15/32

@

(a) (f) ....

6,220

6,431

81,111

Sovereign

Bond

(0.9%):

Brazil

Letras

do

Tesouro

Nacional

,

4/1/27

(o) ...................................

186,200

33,407

Hungary

Government

Bond

,

.50

%

,

5/27/32

....................................

1,441,490

4,295

Indonesia

Treasury

Bond

,

.88

%

,

4/15/29

.....................................

161,493,000

9,388

Philippine

Government

Bond

,

.75

%

,

9/15/32

..................................

576,400

9,316

Russian

Federal

Bond

-

OFZ

.00

%

,

2/3/27

(b) (i) (p) ...............................................

59,074

—

.00

%

,

3/23/33

(b) (d) (i) (p) ............................................

61,885

—

Trinidad

&

Tobago

Government

International

Bond

,

.50

%

,

8/4/26

(a) .................

2,113

2,109

Turkiye

Government

Bond

.00

%

,

8/12/26

....................................................

521,809

11,458

.40

%

,

3/8/28

....................................................

176,760

2,667

72,640

Total

Yankee

Dollars

(Cost

$155,421)

a

a

a

153,751

U.S.

Government

Agency

Mortgages

(16.0%)

Federal

Home

Loan

Mortgage

Corporation

.50

%

,

8/1/45

-

2/1/56

...............................................

348,779

353,159

.00

%

,

1/1/46

-

1/1/56

...............................................

207,605

205,681

.00

%

,

8/1/50

-

8/1/52

...............................................

6,508

5,776

.50

%

,

2/1/51

-

2/1/52

...............................................

7,910

6,806

.00

%

,

6/1/53

-

3/1/55

...............................................

92,039

94,656

.50

%

,

9/1/53

-

10/1/54

..............................................

12,684

13,319

.50

%

,

10/1/53

-

2/1/56

..............................................

22,160

21,431

700,828

Federal

National

Mortgage

Association

.00

%

,

1/1/46

-

4/1/56

...............................................

279,042

276,228

.50

%

,

8/1/50

-

2/1/52

...............................................

40,092

34,436

.00

%

,

4/1/51

.....................................................

.50

%

,

8/1/52

-

11/1/55

..............................................

228,601

230,792

.50

%

,

9/1/52

-

7/1/55

...............................................

72,810

70,451

.50

%

,

2/1/53

-

10/1/53

..............................................

12,129

12,678

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Multi-Asset

#### Income

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

(a) Rule

144A

security

or

other

security

that

is

restricted

as

to

resale

to

institutional

investors.

As

of

April

30,

2026,

the

fair

value

of

these

securities

was

$868,778

(thousands)

and

amounted

to

10.2%

of

net

assets.

(b) Currently

the

issuer

is

in

default

with

respect

to

interest

and/or

principal

payments.

(c) The

rate

for

certain

asset-backed

and

mortgage-backed

securities

may

vary

based

on

factors

relating

to

the

pool

of

assets

underlying

the

security.

The

rate

disclosed

is

the

rate

in

effect

at

April

30,

2026. (d) Security

was

fair

valued

using

significant

unobservable

inputs

as

of

April

30,

2026. (e) Security

is

interest

only.

(f) Variable

or

Floating-Rate

Security.

Rate

disclosed

is

as

of

April

30,

2026. (g) Rounds

to

less

than

$1

thousand.

(h) Non-income

producing

security.

(i) The

following

table

details

the

earliest

acquisition

date,

cost,

and

market

value

of

the

Fund's

restricted

securities

due

to

trading

restrictions

at

April

30,

2026

(amounts

in

thousands):

Security

Description

Principal

Amount

(000) a

Value

(000) 6

.00

%

,

6/1/53

-

1/1/55

...............................................

$

38,138

$

38,994

663,830

Total

U.S.

Government

Agency

Mortgages

(Cost

$1,360,603)

a

a

a

1,364,658

U.S.

Treasury

Obligations

(1.5%)

U.S.

Treasury

Bills

.41

%

,

5/21/26

(q) ..................................................

50,000

49,900

.46

%

,

5/26/26

(q) ..................................................

80,000

79,801

Total

U.S.

Treasury

Obligations

(Cost

$129,702)

a

a

a

129,701

Total

Investments

(Cost

$7,645,474)

—

98.4%

8,388,513

Other

assets

in

excess

of

liabilities

— 1.6%

134,436

NET

ASSETS

-

100.00%

$

8,522,949

At

April

30,

2026,

the

Fund's

investments

in

foreign

securities

were

27.2%

of

net

assets.

Security

Name

Acquisition

Date

Cost

Value

Acorn

Re

.........................................................

10/25/2024

$

500

$

506

Alamo

Re

........................................................

4/12/2023

1,500

1,508

Alamo

Re

........................................................

4/4/2024

Alamo

Re

........................................................

4/4/2024

500

500

Alturas

Re

,

2021-3

..................................................

7/1/2021

Alturas

Re

,

2022-2

..................................................

4/11/2023

—

—

Aquila

Re

........................................................

5/10/2023

500

502

Aquila

Re

........................................................

4/26/2024

500

511

Aquila

Re

........................................................

5/10/2023

Atlas

Capital

......................................................

5/17/2023

1,250

1,260

Atlas

Re

.........................................................

5/24/2024

750

807

Blue

Ridge

Re

.....................................................

11/14/2023

750

758

Blue

Ridge

Re

.....................................................

11/14/2023

1,250

1,262

Bonanza

Re

.......................................................

12/16/2024

Bonanza

Re

.......................................................

12/16/2024

1,000

1,005

Cat

Re

,

2001

......................................................

11/14/2023

750

758

Citrus

Re

.........................................................

4/27/2023

1,000

1,003

Easton

Re

........................................................

5/16/2024

505

FloodSmart

Re

.....................................................

2/29/2024

1,500

1,568

Four

Lakes

Re

.....................................................

12/11/2024

Four

Lakes

Re

.....................................................

12/11/2024

Four

Lakes

Re

.....................................................

12/8/2023

Four

Lakes

Re

.....................................................

12/8/2023

Fuchsia

,

2024-1

....................................................

12/18/2024

1,000

1,023

Galileo

Re

........................................................

12/4/2023

1,253

1,288

Gamboge

Re

......................................................

5/9/2024

1,295

642

Gateway

Re

.......................................................

3/11/2024

Herbie

Re

........................................................

12/17/2024

500

502

High

Point

Re

.....................................................

12/1/2023

2,000

2,023

International

Bank

for

Reconstruction

&

Development

........................

4/3/2024

International

Bank

for

Reconstruction

&

Development

........................

5/1/2024

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Multi-Asset

#### Income

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

(j) Amount

represents

less

than

0.05%

of

net

assets.

(k) Security

is

perpetual

and

has

no

final

maturity

date

but

may

be

subject

to

calls

at

various

dates

in

the

future.

(l) All

of

the

coupon

is

PIK.

(m) Issued

as

participation

notes.

(n) Issued

as

preference

shares.

(o) Zero-coupon

bond.

(p) Stepped

coupon

security

for

which

the

coupon

rate

of

interest

adjusts

on

specified

date(s);

rate

shown

is

effective

rate

at

period-end.

(q) Rate

represents

the

effective

yield

at

April

30,

2026. Security

Name

Acquisition

Date

Cost

Value

Kendall

Re

.......................................................

4/22/2024

$

1,000

$

1,020

Kilimanjaro

II

Re

...................................................

6/24/2024

750

785

Kilimanjaro

II

Re

...................................................

6/24/2024

LUKOIL

PJSC

.....................................................

4/3/2020

3,354

—

Magnit

PJSC

......................................................

4/15/2020

12,537

—

Marlon

Re

........................................................

5/24/2024

Mayflower

Re

.....................................................

6/21/2024

1,000

1,017

Merion

Re

,

2025-1

..................................................

1/16/2025

—

Merna

Re

........................................................

4/5/2023

1,600

1,623

Merna

Re

II

.......................................................

4/5/2023

1,300

1,314

Merna

Re

II

.......................................................

5/8/2024

750

771

Merna

Re

II

.......................................................

5/8/2024

1,500

1,541

Merna

Re

II

.......................................................

5/8/2024

750

772

Mystic

Re

........................................................

12/17/2024

Mystic

Re

........................................................

12/12/2023

1,749

1,757

Palm

Re

.........................................................

4/4/2024

Purple

Re

........................................................

4/2/2024

500

515

Residential

Re

.....................................................

11/7/2023

750

777

Residential

Re

.....................................................

11/4/2024

1,000

1,010

Residential

Re

.....................................................

11/22/2022

500

506

Residential

Re

.....................................................

11/7/2023

1,250

1,286

Residential

Re

.....................................................

11/4/2024

1,000

1,020

Rosneft

Oil

Co.

PJSC

................................................

12/6/2019

9,625

—

Russian

Federal

Bond

-

OFZ

...........................................

9/14/2021

884

—

Russian

Federal

Bond

-

OFZ

...........................................

9/14/2021

824

—

Sanders

Re

.......................................................

12/10/2024

2,500

2,535

Sanders

Re

.......................................................

12/10/2024

2,500

2,530

Sanders

Re

III

.....................................................

5/24/2023

650

653

Sanders

Re

III

.....................................................

1/16/2024

750

777

Sanders

Re

III

.....................................................

3/24/2023

1,600

1,627

Sector

Re

V

.......................................................

12/4/2024

Sector

Re

V

.......................................................

12/31/2024

Silk

Road

Re

......................................................

12/23/2024

500

504

Solomon

Re

.......................................................

6/12/2023

Sutter

Re

.........................................................

6/6/2023

500

501

Thopas

Re

,

2020

...................................................

12/30/2019

—

Thopas

Re

,

2021

...................................................

12/30/2020

—

Thopas

Re

,

2023

...................................................

2/15/2023

—

—

Thopas

Re

,

2024

...................................................

2/2/2024

—

Thopas

Re

,

2025

...................................................

1/10/2025

—

TorRey

Pines

Re

...................................................

1/29/2025

TorRey

Pines

Re

...................................................

7/16/2024

Viribus

Re

,

2019

...................................................

3/25/2019

—

—

Viribus

Re

,

2023

...................................................

2/2/2023

—

—

Vitality

Re

XIV

....................................................

1/25/2023

600

609

Vitality

Re

XIV

....................................................

1/25/2023

3,256

3,282

X5

Retail

Group

NV

,

GDR

............................................

9/17/2020

1,738

—

Total

(0.6%

of

net

assets)

$79,849

$51,624

ABS

—

Asset-Backed

Securities

ADR

—

American

Depositary

Receipt

BNMMDTSC

—

Dreyfus

Treasury

Securities

Cash

Management

Fund

Yield

bps

—

Basis

points

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Multi-Asset

#### Income

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

BRMMUSDF

—

BlackRock

Liquidity

Fund

Treasury

Trust

Fund

Portfolio

Fund

Yield

CMO

—

Collateralized

Mortgage

Obligations

FRMMUSTI

—

Western

Asset

Institutional

U.S.

Treasury

Reserves

Fund

Yield

FHMMUSTF

—

Federated

Hermes

US

Treasury

Cash

Reserves

Fund

Yield

GDR

—

Global

Depositary

Receipt

GSMMUSTF

—

Goldman

Sachs

Money

Market

U.S.

Treasury

Fund

Index

GSMMUSTI

—

Goldman

Sachs

Money

Market

U.S.

Treasury

Instrument

Index

H15T1Y

—

Year

Treasury

Constant

Maturity

Rate,

rate

disclosed

as

of

April

30,

2026. H15T5Y

—

Year

Treasury

Constant

Maturity

Rate,

rate

disclosed

as

of

April

30,

2026. JMMMUSTF

—

JPMorgan

100%

US

Treasury

Securities

Money

Market

Fund

Yield

LLC

—

Limited

Liability

Company

LP

—

Limited

Partnership

MBS

—

Mortgage-Backed

Securities

MSMMUSTF

—

Morgan

Stanley

Institutional

Liquidity

Funds

Treasury

Securities

Portfolio

Fund

Yield

MTN

—

Medium

Term

Note

PIK

—

Payment-in-Kind

PLC

—

Public

Limited

Company

REIT

—

Real

Estate

Investment

Trust

REMIC

—

Real

Estate

Mortgage

Investment

Conduits

SOFR

—

Secured

Overnight

Financing

Rate

SOFR01M

—

Month

SOFR,

rate

disclosed

as

of

April

30,

2026. SOFR03M

—

Month

SOFR,

rate

disclosed

as

of

April

30,

2026. SOFR06M

—

Month

SOFR,

rate

disclosed

as

of

April

30,

2026. SOFR30A

—

day

average

of

SOFR,

rate

disclosed

as

of

April

30,

2026. STACR

—

Structured

Agency

Credit

Risk

Forward

Currency

Contracts

At

April

30,

2026,

the

Fund's

open

forward

currency

contracts

were

as

follows:

Currency

Purchased

In

Exchange

for

(000) Currency

Sold

Deliver

(000) Counterparty

Settlement

Date

Net

Unrealized

Appreciation/

(Depreciation)

(000) U.S.

Dollar

350,463

European

Euro

295,095

Goldman

Sachs

6/24/26

$

3,290

Japanese

Yen

64,090,000

U.S.

Dollar

407,065

Morgan

Stanley

7/2/26

4,379

$

7,669

European

Euro

295,219

U.S.

Dollar

350,463

Goldman

Sachs

6/24/26

(3,145)

U.S.

Dollar

403,655

Japanese

Yen

64,090,000

Citigroup

Global

Markets

Inc.

7/2/26

(7,788)

$

(10,933)

Total

Net

Forward

Currency

Contracts

$

(3,264)

Futures

Contracts

Sold

Number

of

Contracts

Expiration

Date

Notional

Amount

(000) Value

(000) Unrealized

Appreciation

(Depreciation)

(000) E-Mini

S&P

500

Futures

..............

3,706

6/18/26

$

1,242,392

$

1,342,267

$

(99,875)

Euro

Stoxx

Futures

...............

2,403

6/19/26

163,575

164,705

(1,130)

Nikkei

OSE

Futures

..............

6/11/26

162,423

177,196

(14,773)

$

(115,778)

Total

unrealized

appreciation

$

—

Total

unrealized

depreciation

(115,778)

Total

net

unrealized

appreciation

(depreciation)

$

(115,778)

Schedule

of

Portfolio

Investments

April

30,

2026

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Securitized

#### Income

#### Fund

(Unaudited)

Security

Description

Principal

Amount

(000) a

Value

(000) Asset-Backed

Securities

(37.0%)

ABS

Auto

(16.6%):

ACM

Auto

Trust,

Series

2024-2A,

Class

B,

9.21%,

8/20/31,

Callable

8/20/26

@

100(a)

.....

$

$

Ally

Bank

Auto

Credit-Linked

Notes

.........................................

Series

2024-A,

Class

F,

9.89%,

5/17/32,

Callable

11/15/27

@

100(a)

..............

506

Series

2024-A,

Class

G,

12.75%,

5/17/32,

Callable

11/15/27

@

100(a)

.............

Series

2024-B,

Class

G,

11.40%,

9/15/32,

Callable

3/15/28

@

100(a)

..............

Series

2025-A,

Class

F,

6.94%,

6/15/33,

Callable

6/15/28

@

100(a)

...............

968

966

Arivo

Acceptance

Auto

Loan

Receivables

Trust

.................................

Series

2022-1A,

Class

D,

7.38%,

9/17/29,

Callable

10/15/26

@

100(a)

.............

Series

2022-2A,

Class

C,

9.84%,

3/15/29,

Callable

8/15/27

@

100(a)

..............

Avid

Automobile

Receivables

Trust,

Series

2021-1,

Class

F,

5.16%,

10/16/28,

Callable

5/15/26

@

100(a)

.........................................................

Avis

Budget

Rental

Car

Funding

AESOP

LLC

..................................

Series

2021-2A,

Class

D,

4.08%,

2/20/28,

Callable

2/20/27

@

100(a)

..............

840

832

Series

2023-3A,

Class

D,

7.32%,

2/20/28(a)

................................

990

999

Bayview

Opportunity

Master

Fund

VII

Trust,

Series

2024-CAR1F,

Class

A,

6.97%,

7/29/32,

Callable

9/28/26

@

100(a)

............................................

Carvana

Auto

Receivables

Trust

............................................

Series

2022-N1,

Class

D,

4.13%,

12/11/28,

Callable

1/10/28

@

100(a)

.............

Series

2024-N3,

Class

E,

7.66%,

4/12/32,

Callable

11/10/29

@

100(a)

.............

1,400

1,422

CPS

Auto

Receivables

Trust,

Series

2024-B,

Class

E,

8.36%,

11/17/31,

Callable

5/15/28

@

100(a)

...........................................................

1,160

1,206

Exeter

Automobile

Receivables

Trust

.........................................

Series

2022-1A,

Class

E,

5.02%,

10/15/29,

Callable

7/15/27

@

100(a)

.............

2,140

2,121

Series

2022-5A,

Class

D,

7.40%,

2/15/29,

Callable

11/15/27

@

...............

Series

2022-6A,

Class

E,

11.61%,

6/17/30,

Callable

12/15/27

@

100(a)

............

1,505

1,575

Series

2024-2A,

Class

E,

7.98%,

10/15/31,

Callable

7/15/28

@

100(a)

.............

1,320

1,367

Series

2024-3A,

Class

E,

7.84%,

10/15/31,

Callable

12/15/28

@

100(a)

............

2,637

2,729

Series

2024-4A,

Class

E,

7.65%,

2/17/32,

Callable

12/15/28

@

100(a)

.............

1,480

1,536

Series

2024-5A,

Class

E,

7.22%,

5/17/32,

Callable

10/15/28

@

100(a)

.............

2,130

2,178

Series

2025-1A,

Class

E,

7.48%,

9/15/32,

Callable

12/15/28

@

100(a)

.............

2,090

2,144

Series

2025-2A,

Class

E,

7.81%,

10/15/32,

Callable

2/15/29

@

100(a)

.............

2,640

2,723

Series

2025-3A,

Class

E,

7.52%,

12/15/32,

Callable

5/15/29

@

100(a)

.............

1,390

1,419

Series

2025-5A,

Class

E,

7.15%,

6/15/33,

Callable

12/15/29

@

100(a)

.............

1,870

1,879

FHF

Issuer

Trust

.......................................................

Series

2024-3A,

Class

D,

6.01%,

12/15/31,

Callable

2/15/28

@

100(a)

.............

503

Series

2025-1A,

Class

D,

5.95%,

6/15/32,

Callable

1/15/28

@

100(a)

..............

816

774

GLS

Auto

Receivables

Issuer

Trust

..........................................

Series

2023-2A,

Class

D,

6.31%,

3/15/29,

Callable

5/15/28

@

100(a)

..............

Series

2024-2A,

Class

E,

7.98%,

5/15/31,

Callable

8/15/28

@

100(a)

..............

1,170

1,219

Series

2024-3A,

Class

E,

7.25%,

6/16/31,

Callable

11/15/28

@

100(a)

.............

2,626

2,690

Series

2024-4A,

Class

E,

7.51%,

8/15/31,

Callable

11/15/28

@

100(a)

.............

2,500

2,582

Series

2025-1A,

Class

E,

7.19%,

3/15/32,

Callable

12/15/28

@

100(a)

.............

1,050

1,069

Series

2025-4A,

Class

E,

7.17%,

12/15/32,

Callable

11/15/29

@

100(a)

............

1,080

1,093

GLS

Auto

Select

Receivables

Trust,

Series

2024-1A,

Class

D,

6.43%,

1/15/31,

Callable

9/15/28

@

100(a)

.........................................................

1,270

1,303

Hertz

Vehicle

Financing

III

LLC,

Series

2025-3A,

Class

D,

8.55%,

12/26/29(a)

..........

760

772

Huntington

Bank

Auto

Credit-Linked

Notes

....................................

Series

2024-1,

Class

C,

6.79%

(SOFR30A+315bps),

5/20/32,

Callable

10/20/27

@

100(a)

(b) .............................................................

Series

2025-2,

Class

D,

6.89%

(SOFR30A+325bps),

9/20/33,

Callable

10/20/29

@

100(a)

(b) .............................................................

1,227

1,199

Lendbuzz

Securitization

Trust,

Series

2024-2A,

Class

B,

6.52%,

7/16/29,

Callable

1/15/28

@

100(a)

...........................................................

Merchants

Fleet

Funding

LLC,

Series

2025-1A,

Class

E,

8.48%,

1/20/39,

Callable

5/20/29

@

100(a)

...........................................................

1,000

1,001

Prestige

Auto

Receivables

Trust

............................................

Series

2022-1A,

Class

D,

8.08%,

8/15/28,

Callable

5/15/27

@

100(a)

..............

Series

2023-2A,

Class

D,

7.71%,

8/15/29,

Callable

6/15/28

@

100(a)

..............

Series

2024-2A,

Class

D,

5.15%,

7/15/30,

Callable

9/15/28

@

100(a)

..............

580

576

Santander

Bank

Auto

Credit-Linked

Notes

.....................................

Series

2023-B,

Class

E,

8.41%,

12/15/33,

Callable

11/15/27

@

100(a)

.............

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Securitized

#### Income

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

Security

Description

Principal

Amount

(000) a

Value

(000) Series

2024-A,

Class

F,

10.17%,

6/15/32,

Callable

7/15/28

@

100(a)

..............

$

$

Series

2024-B,

Class

E,

6.80%,

1/18/33,

Callable

11/15/28

@

100(a)

..............

Santander

Drive

Auto

Receivables

Trust,

Series

2024-1,

Class

C,

5.45%,

3/15/30,

Callable

12/15/27

@

....................................................

Tricolor

Auto

Securitization

Trust

...........................................

Series

2022-1A,

Class

F,

0.00%,

7/16/29,

Callable

5/15/26

@

100(a)(c)

............

500

Series

2024-2A,

Class

D,

0.00%,

8/15/28,

Callable

6/15/28

@

100(a)(c)

............

Series

2025-1A,

Class

D,

0.00%,

4/15/31,

Callable

5/15/28

@

100(a)(c)

............

1,310

Series

2025-1A,

Class

E,

0.00%,

4/15/32,

Callable

5/15/28

@

100(a)(c)

............

600

Series

2025-2A,

Class

E,

0.00%,

4/15/31,

Callable

10/15/29

@

100(a)(c)

...........

870

Series

2025-2A,

Class

F,

0.00%,

3/15/32,

Callable

10/15/29

@

100(a)(c)

...........

Veros

Auto

Receivables

Trust

..............................................

Series

2024-1,

Class

C,

7.57%,

12/15/28,

Callable

6/15/27

@

100(a)

..............

1,050

1,075

Series

2025-1,

Class

D,

8.79%,

5/17/32,

Callable

1/15/28

@

100(a)

...............

1,570

1,628

Series

2026-1,

Class

E,

7.74%,

7/15/31,

Callable

7/15/29

@

100(a)

...............

780

787

48,905

ABS

Card

(0.4%):

Continental

Finance

Credit

Card

ABS

Master

Trust

...............................

Series

2022-A,

Class

C,

9.33%,

10/15/30(a)

................................

Series

2024-A,

Class

A,

5.78%,

12/15/32,

Callable

9/15/27

@

100(a)

..............

Mercury

Financial

Credit

Card

Master

Trust,

Series

2024-2A,

Class

B,

7.43%,

7/20/29,

Callable

5/20/26

@

100(a)

............................................

Mission

Lane

Credit

Card

Master

Trust,

Series

2024-B,

Class

B,

6.32%,

1/15/30(a)

........

1,286

ABS

Home

(1.9%):

Deephaven

Residential

Mortgage

Trust,

Series

2026-CES1,

Class

A3,

5.93%,

3/25/61,

Callable

4/25/29

@

100(a)(d)

.................................................

1,290

1,286

J.P.

Morgan

Mortgage

Trust,

Series

2026-CES1,

Class

B1,

6.48%,

6/25/56,

Callable

1/25/29

@

100(a)(d)

.........................................................

1,080

1,071

Vista

Point

Securitization

Trust

.............................................

Series

2024-CES1,

Class

A1,

6.68%,

5/25/54,

Callable

5/25/27

@

100(a)(d)

.........

Series

2025-CES3,

Class

A1,

5.30%,

11/25/55,

Callable

10/25/28

@

100(a)(d)

.......

1,742

1,740

Series

2026-CES2,

Class

M1,

6.28%,

5/25/56,

Callable

4/25/30

@

100(a)(d)

........

1,080

1,075

5,536

ABS

Other

(18.1%):

Amur

Equipment

Finance

Receivables

XIV

LLC,

Series

2024-2A,

Class

E,

8.88%,

10/20/32,

Callable

8/20/28

@

100(a)

............................................

700

716

Ascent

Career

Funding

Trust

...............................................

Series

2024-1A,

Class

A,

6.77%,

10/25/32(a)

...............................

Series

2024-1A,

Class

B,

9.73%,

10/25/32,

Callable

10/25/27

@

100(a)

............

655

667

Auxilior

Term

Funding

LLC,

Series

2023-1A,

Class

E,

10.97%,

12/15/32,

Callable

1/15/28

@

100(a)

...........................................................

Bayview

Opportunity

Master

Fund

VII

LLC,

Series

2024-EDU1,

Class

D,

6.40%

(SOFR30A+275bps),

6/25/47(a)(b)

......................................

BHG

Securitization

Trust

.................................................

Series

2022-C,

Class

E,

9.73%,

10/17/35,

Callable

11/17/28

@

100(a)

.............

1,320

1,392

Series

2023-A,

Class

B,

6.35%,

4/17/36,

Callable

3/17/29

@

100(a)

...............

Series

2023-B,

Class

C,

8.15%,

12/17/36,

Callable

11/17/29

@

100(a)

.............

Series

2024-1CON,

Class

C,

6.86%,

4/17/35,

Callable

3/17/29

@

100(a)

...........

Blackbird

Capital

II

Aircraft

Lease

Ltd.,

Series

2021-1A,

Class

B,

3.45%,

7/15/46,

Callable

7/15/28

@

100(a)

...................................................

Blue

Owl

Asset

Leasing

Trust

LLC,

Series

2024-1A,

Class

D,

8.00%,

12/15/31,

Callable

7/15/27

@

100(a)

...................................................

Cascade

MH

Asset

Trust,

Series

2024-MH1,

Class

B1,

8.00%,

8/25/54,

Callable

7/25/27

@

100(a)(d)

.........................................................

1,159

1,060

CFMT

LLC

...........................................................

Series

2023-HB12,

Class

M3,

4.25%,

4/25/33(a)(d)

..........................

Series

2024-HB13,

Class

M3,

3.00%,

5/25/34,

Callable

12/25/26

@

100(a)(d)

.......

600

580

Series

2024-HB13,

Class

M4,

3.00%,

5/25/34,

Callable

12/25/26

@

100(a)(d)

.......

1,168

1,124

Crockett

Partners

Equipment

Co.

IIA

LLC,

Series

2024-1C,

Class

C,

10.16%,

1/20/31,

Callable

4/20/29

@

100(a)

...................................................

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Securitized

#### Income

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

Security

Description

Principal

Amount

(000) a

Value

(000) Elara

HGV

Timeshare

Issuer

LLC,

Series

2025-A,

Class

D,

6.91%,

1/25/40,

Callable

11/25/31

@

100(a)

.........................................................

$

822

$

815

Equify

ABS

LLC,

Series

2024-1A,

Class

A,

5.43%,

4/18/33,

Callable

7/15/28

@

100(a)

....

FIGRE

Trust

..........................................................

Series

2023-HE3,

Class

A,

6.44%,

11/25/53,

Callable

2/25/27

@

100(a)(d)

..........

Series

2024-HE3,

Class

A,

5.94%,

7/25/54,

Callable

4/25/27

@

100(a)(d)

...........

801

809

Series

2025-HE6,

Class

A,

5.04%,

9/25/55,

Callable

3/25/28

@

100(a)(d)

...........

1,079

1,072

Series

2026-HE4,

Class

E,

7.27%,

5/25/56(a)(d)

.............................

926

926

GreenSky

Home

Improvement

Issuer

Trust

....................................

Series

2025-1A,

Class

E,

8.65%,

3/25/60,

Callable

10/25/30

@

100(a)

.............

1,248

1,280

Series

2025-2A,

Class

E,

7.79%,

6/25/60(a)

................................

2,460

2,494

Series

2025-3A,

Class

E,

7.83%,

12/27/60,

Callable

2/25/32

@

100(a)

.............

2,000

2,032

GS

Mortgage-Backed

Securities

Trust,

Series

2025-HE1,

Class

M3,

6.10%

(SOFR30A+245bps),

10/25/55,

Callable

7/25/28

@

100(a)(b)

...................

750

753

Harvest

SBA

Loan

Trust,

Series

2024-1,

Class

A,

6.00%

(SOFR30A+225bps),

12/25/51,

Callable

3/25/31

@

100(a)(b)

..........................................

527

532

Hilton

Grand

Vacations

Trust,

Series

2024-2A,

Class

D,

6.91%,

3/25/38,

Callable

3/25/30

@

100(a)

...........................................................

HINNT

LLC,

Series

2025-B,

Class

E,

9.41%,

5/15/45,

Callable

6/15/29

@

100(a)

.........

1,133

1,130

Home

Partners

of

America

Trust,

Series

2019-1,

Class

E,

3.60%,

9/17/39,

Callable

5/17/26

@

100(a)(e)

.........................................................

J.P.

Morgan

Mortgage

Trust,

Series

2023-HE2,

Class

A1,

5.34%

(SOFR30A+170bps),

3/20/54,

Callable

10/20/26

@

100(a)(b)

.........................................

Kinetic

Advantage

Master

Owner

Trust,

Series

2025-1A,

Class

A,

5.84%

(SOFR30A+220bps),

10/15/29,

Callable

10/15/27

@

100(a)(b)

..................................

1,700

1,707

Libra

Solutions

LLC

.....................................................

Series

2024-1A,

Class

B,

7.91%,

9/30/38(a)

................................

Series

2025-1A,

Class

C,

9.90%,

8/15/39(a)

................................

1,000

995

MMP

Capital

LLC,

Series

2025-A,

Class

C,

8.41%,

12/15/31,

Callable

7/15/28

@

100(a)

...

680

694

MPOWER

Education

Trust,

Series

2025-A,

Class

C,

10.84%,

7/21/42(a)

...............

890

881

Newtek

Small

Business

Loan

Trust,

Series

2022-1,

Class

A,

6.05%

(PRIME-70bps),

10/25/49,

Callable

4/25/27

@

100(a)(b)

..........................................

NMEF

Funding

LLC

....................................................

Series

2022-B,

Class

C,

8.54%,

6/15/29,

Callable

8/15/26

@

100(a)

...............

Series

2024-A,

Class

C,

6.33%,

12/15/31,

Callable

1/15/28

@

100(a)

..............

620

632

Series

2024-A,

Class

D,

8.75%,

12/15/31,

Callable

1/15/28

@

100(a)

..............

500

515

Series

2025-A,

Class

D,

8.07%,

7/15/32,

Callable

12/15/28

@

100(a)

..............

570

580

Series

2025-B,

Class

E,

7.66%,

1/18/33,

Callable

9/15/28

@

100(a)

...............

1,000

1,006

OBX

Trust,

Series

2026-HE1,

Class

A1A,

5.00%

(SOFR30A+135bps),

2/25/56,

Callable

2/25/29

@

100(a)(b)

.................................................

1,925

1,929

Octane

Receivables

Trust

.................................................

Series

2022-2A,

Class

D,

7.70%,

2/20/30,

Callable

1/20/27

@

100(a)

..............

Series

2023-1A,

Class

D,

7.76%,

3/20/30,

Callable

6/20/27

@

100(a)

..............

Series

2023-2A,

Class

E,

10.50%,

6/20/31,

Callable

8/20/27

@

100(a)

.............

660

706

Oportun

Funding

Trust,

Series

2024-3,

Class

C,

6.25%,

8/15/29,

Callable

10/15/26

@

100(a)

.

Oportun

Issuance

Trust

...................................................

Series

2024-2,

Class

C,

6.61%,

2/9/32,

Callable

10/8/26

@

100(a)

................

640

642

Series

2024-2,

Class

D,

10.47%,

2/9/32,

Callable

10/8/26

@

100(a)

...............

700

713

Oxford

Finance

Funding

LLC,

Series

2022-1A,

Class

B,

4.10%,

2/15/30(a)

.............

PEAC

Solutions

Receivables

LLC,

Series

2024-2A,

Class

C,

5.37%,

10/20/31,

Callable

6/20/27

@

100(a)

...................................................

990

996

PEAR

LLC,

Series

2023-1,

Class

A,

7.42%,

7/15/35,

Callable

9/15/27

@

100(a)

..........

Post

Road

Equipment

Finance

LLC,

Series

2024-1A,

Class

E,

8.50%,

12/15/31,

Callable

1/15/27

@

100(a)

...................................................

Progress

Residential

Trust

.................................................

Series

2021-SFR8,

Class

G,

4.01%,

10/17/38(a)(e)

...........................

Series

2021-SFR9,

Class

F,

4.05%,

11/17/40(a)(e)

...........................

Purchasing

Power

Funding

LLC,

Series

2026-A,

Class

E,

7.54%,

8/15/30,

Callable

2/15/28

@

100(a)

...........................................................

780

774

RCKT

Trust,

Series

2025-1A,

Class

E,

7.12%,

7/25/34,

Callable

2/25/28

@

100(a)

........

2,620

2,567

Reach

ABS

Trust

.......................................................

Series

2025-2A,

Class

D,

7.31%,

8/18/32,

Callable

10/15/29

@

100(a)

.............

1,580

1,624

Series

2026-1A,

Class

E,

6.45%,

2/15/33,

Callable

5/15/30

@

100(a)

..............

880

860

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Securitized

#### Income

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

Security

Description

Principal

Amount

(000) a

Value

(000) Saluda

Grade

Alternative

Mortgage

Trust

......................................

Series

2023-FIG4,

Class

A,

6.72%,

11/25/53,

Callable

8/25/32

@

100(a)(d)

.........

$

$

Series

2025-LOC4,

Class

M3,

6.60%

(SOFR30A+295bps),

6/25/55,

Callable

6/25/28

@

100(a)(b)

.........................................................

699

700

Series

2026-HB1,

Class

B1,

7.10%

(TSFR1M+345bps),

4/25/56,

Callable

1/25/29

@

100(a)(b)

.........................................................

1,030

1,037

Series

2026-HB1,

Class

M3,

6.10%

(TSFR1M+245bps),

4/25/56,

Callable

1/25/29

@

100(a)(b)

.........................................................

SCF

Equipment

Leasing

LLC

..............................................

Series

2024-1A,

Class

D,

6.58%,

6/21/33,

Callable

3/20/29

@

100(a)

..............

Series

2025-2A,

Class

E,

6.21%,

6/20/36,

Callable

10/20/31

@

100(a)

.............

1,610

1,572

Stream

Innovations

Issuer

Trust,

Series

2024-1A,

Class

B,

7.89%,

7/15/44,

Callable

3/15/31

@

100(a)

...........................................................

Trafigura

Securitisation

Finance

PLC,

Series

2024-1A,

Class

B,

7.29%,

11/15/27(a)

.......

Tricon

Residential

Trust,

Series

2025-SFR1,

Class

D,

5.65%

(TSFR1M+200bps),

3/17/42(a)(b)

(e) .............................................................

520

520

Upstart

Securitization

Trust

................................................

Series

2025-2,

Class

D,

8.00%,

6/20/35,

Callable

11/20/28

@

100(a)

..............

1,060

1,088

Series

2026-2,

Class

C,

5.83%,

5/20/36,

Callable

5/20/30

@

100(a)

...............

1,410

1,409

VFI

ABS

LLC,

Series

2025-1A,

Class

D,

7.69%,

4/26/32,

Callable

12/24/27

@

100(a)

.....

3,255

3,269

Westgate

Resorts

LLC,

Series

2024-1A,

Class

D,

9.26%,

1/20/38,

Callable

11/20/27

@

100(a)

572

582

53,054

Total

Asset-Backed

Securities

(Cost

$111,210)

a

a

a

108,781

Collateralized

Loan

Obligations

(4.3%)

Cash

Flow

CLO

(4.3%):

Arbor

Realty

Collateralized

Loan

Obligation

Ltd.,

Series

2025-BTR1,

Class

C,

7.34%

(TSFR1M+369bps),

1/20/41,

Callable

5/20/27

@

100(a)(b)

.....................

1,880

1,891

AREIT

Ltd.,

Series

2024-CRE9,

Class

A,

5.34%

(TSFR1M+169bps),

5/17/41(a)(b)(e)

.....

BDS

LLC,

Series

2024-FL13,

Class

A,

5.24%

(TSFR1M+158bps),

9/19/39,

Callable

8/19/28

@

100(a)(b)(e)

.....................................................

BSPDF

Issuer

LLC,

Series

2026-FL3,

Class

E,

7.16%

(TSFR1M+350bps),

9/18/43,

Callable

9/18/28

@

100(a)(b)(e)

...............................................

945

946

BSPRT

Issuer

LLC,

Series

2024-FL11,

Class

A,

5.29%

(TSFR1M+164bps),

7/15/39,

Callable

9/15/27

@

100(a)(b)

.................................................

510

512

FS

Rialto

Issuer

LLC

....................................................

Series

2021-FL3,

Class

D,

6.28%

(TSFR1M+261bps),

11/16/36,

Callable

5/16/26

@

100(a)(b)

.........................................................

1,576

1,580

Series

2024-FL9,

Class

A,

5.29%

(TSFR1M+163bps),

10/19/39,

Callable

10/19/27

@

100(a)(b)

.........................................................

2,160

2,167

Golub

Capital

Partners

Short

Duration,

Series

2022-1A,

Class

DR,

8.27%

(TSFR3M+460bps),

7/25/33,

Callable

7/25/26

@

100(a)(b)

....................................

Greystone

CRE

Notes

LLC,

Series

2025-FL4,

Class

C,

6.54%

(TSFR1M+289bps),

1/15/43,

Callable

5/15/28

@

100(a)(b)(e)

........................................

1,110

1,129

KREF

Ltd.,

Series

2022-FL3,

Class

A,

5.11%

(TSFR1M+145bps),

2/17/39,

Callable

5/17/26

@

100(a)(b)

.........................................................

MF1

LLC

............................................................

Series

2024-FL14,

Class

A,

5.39%

(TSFR1M+174bps),

3/19/39,

Callable

5/19/26

@

100(a)(b)

.........................................................

763

764

Series

2024-FL15,

Class

A,

5.35%

(TSFR1M+169bps),

8/18/41,

Callable

7/18/26

@

100(a)(b)

.........................................................

1,790

1,793

Series

2024-FL16,

Class

A,

5.20%

(TSFR1M+154bps),

11/18/39,

Callable

10/18/26

@

100(a)(b)

.........................................................

850

851

PFP

Ltd.,

Series

2024-11,

Class

A,

5.49%

(TSFR1M+183bps),

9/17/39,

Callable

9/17/27

@

100(a)(b)(e)

.......................................................

12,644

Total

Collateralized

Loan

Obligations

(Cost

$12,575)

a

a

a

12,644

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Securitized

#### Income

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

Security

Description

Principal

Amount

(000) a

Value

(000) Collateralized

Mortgage

Obligations

(45.8%)

Commercial

MBS

(5.6%):

BX

Commercial

Mortgage

Trust

............................................

Series

2024-AIRC,

Class

A,

5.35%

(TSFR1M+169bps),

8/15/41(a)(b)(e)

...........

$

572

$

574

Series

2024-SLCT,

Class

E,

7.05%

(TSFR1M+339bps),

1/15/42(a)(b)(e)

...........

1,590

1,594

Series

2025-BCAT,

Class

E,

7.15%

(TSFR1M+350bps),

8/15/42(a)(b)(e)

...........

1,018

1,022

Series

2026-LP3,

Class

E,

6.85%

(TSFR1M+320bps),

4/15/43(a)(b)(e)

............

1,040

1,043

BX

Trust,

Series

2025-LUNR,

Class

E,

7.60%

(TSFR1M+395bps),

6/15/40(a)(b)(e)

.......

802

802

GSAT

Trust,

Series

2025-BMF,

Class

E,

6.95%

(TSFR1M+330bps),

7/15/40(a)(b)(e)

......

1,380

1,378

Hilt

Commercial

Mortgage

Trust,

Series

2024-ORL,

Class

D,

6.84%

(TSFR1M+319bps),

5/15/37(a)(b)(e)

....................................................

HTL

Commercial

Mortgage

Trust,

Series

2024-T53,

Class

D,

8.47%,

5/10/39(a)(d)(e)

......

1,315

1,333

J.P.

Morgan

Chase

Commercial

Mortgage

Securities

Trust,

Series

2024-OMNI,

Class

D,

5.99%,

10/5/39(a)(d)(e)

..............................................

MCR

Mortgage

Trust

....................................................

Series

2024-TWA,

Class

D,

7.40%,

6/12/39(a)(e)

............................

650

653

Series

2024-TWA,

Class

F,

10.38%,

6/12/39(a)(e)

............................

500

505

MHP

Commercial

Mortgage

Trust,

Series

2025-MHIL2,

Class

D,

6.30%

(TSFR1M+265bps),

9/15/40(a)(b)(e)

....................................................

1,640

1,642

Natixis

Commercial

Mortgage

Securities

Trust,

Series

2019-FAME,

Class

E,

4.54%,

8/15/36(a)

(d)(e) ...........................................................

500

PRM

Trust

............................................................

Series

2025-PRM6,

Class

E,

6.80%,

7/5/33(a)(d)(e)

..........................

1,140

1,138

Series

2025-PRM6,

Class

F,

7.29%,

7/5/33(a)(d)(e)

...........................

970

964

SLG

Office

Trust

.......................................................

Series

2021-OVA,

Class

F,

2.85%,

7/15/41(a)(e)

.............................

Series

2026-OMA,

Class

F,

7.92%,

4/15/41(a)(d)(e)

..........................

1,020

1,027

SMRT,

Series

2022-MINI,

Class

E,

6.36%

(TSFR1M+270bps),

1/15/39(a)(b)(e)

..........

1,220

1,217

THPT

Mortgage

Trust,

Series

2023-THL,

Class

C,

8.82%,

12/10/34(a)(d)(e)

.............

Velocity

Commercial

Capital

Loan

Trust,

Series

2020-1,

Class

M5,

4.29%,

2/25/50,

Callable

8/25/26

@

100(a)(d)

.................................................

Wells

Fargo

Commercial

Mortgage

Trust

......................................

Series

2026-1250B,

Class

C,

5.59%,

3/10/41(a)(d)(e)

.........................

Series

2026-1250B,

Class

D,

6.59%,

3/10/41(a)(d)(e)

.........................

16,529

Private

CMO

Floating

(23.1%):

Bellemeade

Re

Ltd.

.....................................................

Series

2021-3A,

Class

B1,

7.50%

(SOFR30A+385bps),

9/25/31,

Callable

5/25/26

@

100(a)(b)

.........................................................

Series

2024-1,

Class

M1B,

6.85%

(SOFR30A+320bps),

8/25/34,

Callable

4/25/27

@

100(a)(b)

.........................................................

Series

2025-1,

Class

M1C,

6.90%

(SOFR30A+325bps),

10/25/35,

Callable

8/25/28

@

100(a)(b)

.........................................................

1,270

1,287

Connecticut

Avenue

Securities

Trust

.........................................

Series

2020-R01,

Class

1B1,

7.01%

(SOFR30A+336bps),

1/25/40,

Callable

1/25/27

@

100(a)(b)

.........................................................

970

983

Series

2020-R02,

Class

2B1,

6.76%

(SOFR30A+311bps),

1/25/40,

Callable

1/25/27

@

100(a)(b)

.........................................................

1,240

1,255

Series

2021-R01,

Class

1B2,

9.65%

(SOFR30A+600bps),

10/25/41,

Callable

10/25/26

@

100(a)(b)

.........................................................

3,220

3,286

Series

2021-R02,

Class

2B2,

9.85%

(SOFR30A+620bps),

11/25/41,

Callable

11/25/26

@

100(a)(b)

.........................................................

1,422

1,458

Series

2021-R03,

Class

1B2,

9.15%

(SOFR30A+550bps),

12/25/41,

Callable

12/25/26

@

100(a)(b)

.........................................................

1,510

1,547

Series

2022-R01,

Class

1B2,

9.65%

(SOFR30A+600bps),

12/25/41,

Callable

12/25/26

@

100(a)(b)

.........................................................

3,420

3,515

Series

2022-R04,

Class

1B2,

13.15%

(SOFR30A+950bps),

3/25/42,

Callable

3/25/27

@

100(a)(b)

.........................................................

2,470

2,638

Series

2022-R05,

Class

2B1,

8.15%

(SOFR30A+450bps),

4/25/42,

Callable

4/25/27

@

100(a)(b)

.........................................................

500

516

Series

2022-R05,

Class

2B2,

10.65%

(SOFR30A+700bps),

4/25/42,

Callable

4/25/27

@

100(a)(b)

.........................................................

4,160

4,381

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Securitized

#### Income

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

Security

Description

Principal

Amount

(000) a

Value

(000) Series

2022-R06,

Class

1B2,

14.25%

(SOFR30A+1060bps),

5/25/42,

Callable

5/25/27

@

100(a)(b)

.........................................................

$

610

$

666

Series

2024-R01,

Class

1B2,

7.65%

(SOFR30A+400bps),

1/25/44,

Callable

1/25/29

@

100(a)(b)

.........................................................

1,450

1,528

Series

2024-R02,

Class

1B1,

6.15%

(SOFR30A+250bps),

2/25/44,

Callable

2/25/29

@

100(a)(b)

.........................................................

510

516

Series

2024-R02,

Class

1B2,

7.35%

(SOFR30A+370bps),

2/25/44,

Callable

2/25/29

@

100(a)(b)

.........................................................

540

566

Series

2024-R02,

Class

2B2,

11.30%

(SOFR30A+765bps),

1/25/42,

Callable

1/25/27

@

100(a)(b)

.........................................................

2,650

2,765

Series

2024-R03,

Class

2M2,

5.60%

(SOFR30A+195bps),

3/25/44,

Callable

3/25/29

@

100(a)(b)

.........................................................

Series

2024-R04,

Class

1B1,

5.85%

(SOFR30A+220bps),

5/25/44,

Callable

5/25/29

@

100(a)(b)

.........................................................

1,825

1,845

Series

2024-R04,

Class

1M2,

5.30%

(SOFR30A+165bps),

5/25/44,

Callable

5/25/29

@

100(a)(b)

.........................................................

1,000

1,002

Series

2024-R05,

Class

2B1,

5.65%

(SOFR30A+200bps),

7/25/44,

Callable

7/25/29

@

100(a)(b)

.........................................................

680

680

Series

2024-R06,

Class

1A1,

4.80%

(SOFR30A+115bps),

9/25/44,

Callable

9/25/29

@

100(a)(b)

.........................................................

678

680

Series

2024-R06,

Class

1M2,

5.25%

(SOFR30A+160bps),

9/25/44,

Callable

9/25/29

@

100(a)(b)

.........................................................

566

567

Eagle

Re

Ltd.

..........................................................

Series

2021-2,

Class

M2,

7.90%

(SOFR30A+425bps),

4/25/34,

Callable

2/25/27

@

100(a)(b)

.........................................................

Series

2023-1,

Class

M1B,

7.60%

(SOFR30A+395bps),

9/26/33,

Callable

9/25/28

@

100(a)(b)

.........................................................

Federal

Home

Loan

Mortgage

Corporation

Multifamily

Structured

Credit

Risk

Trust

.......

Series

2021-MN1,

Class

B1,

11.40%

(SOFR30A+775bps),

1/25/51,

Callable

1/25/29

@

100(a)(b)

.........................................................

700

768

Series

2021-MN3,

Class

M2,

7.65%

(SOFR30A+400bps),

11/25/51,

Callable

7/25/36

@

100(a)(b)

.........................................................

Federal

Home

Loan

Mortgage

Corporation

STACR

REMIC

Trust

....................

Series

2020-HQA1,

Class

B2,

8.86%

(SOFR30A+521bps),

1/25/50,

Callable

1/25/30

@

100(a)(b)

.........................................................

1,000

1,102

Series

2021-DNA1,

Class

B2,

8.40%

(SOFR30A+475bps),

1/25/51,

Callable

1/25/31

@

100(a)(b)

.........................................................

650

723

Series

2021-DNA5,

Class

B2,

9.15%

(SOFR30A+550bps),

1/25/34(a)(b)

...........

1,800

2,184

Series

2021-HQA1,

Class

B2,

8.65%

(SOFR30A+500bps),

8/25/33(a)(b)

...........

720

843

Series

2021-HQA2,

Class

B2,

9.10%

(SOFR30A+545bps),

12/25/33(a)(b)

..........

Series

2022-DNA1,

Class

M2,

6.15%

(SOFR30A+250bps),

1/25/42,

Callable

1/25/27

@

100(a)(b)

.........................................................

Series

2022-DNA3,

Class

B1,

9.30%

(SOFR30A+565bps),

4/25/42,

Callable

4/25/27

@

100(a)(b)

.........................................................

635

661

Series

2022-DNA3,

Class

B2,

13.40%

(SOFR30A+975bps),

4/25/42,

Callable

4/25/27

@

100(a)(b)

.........................................................

2,500

2,688

Series

2023-HQA2,

Class

M1B,

7.00%

(SOFR30A+335bps),

6/25/43,

Callable

6/25/28

@

100(a)(b)

.......................................................

3,410

3,499

Series

2024-HQA2,

Class

M2,

5.45%

(SOFR30A+180bps),

8/25/44,

Callable

8/25/29

@

100(a)(b)

.........................................................

520

523

Series

2025-DNA3,

Class

A1,

4.60%

(SOFR30A+95bps),

9/25/45,

Callable

9/25/30

@

100(a)(b)

.........................................................

1,682

1,683

Series

2025-DNA4,

Class

A1,

4.55%

(SOFR30A+90bps),

10/25/45,

Callable

10/25/30

@

100(a)(b)

.........................................................

3,774

3,776

Series

2025-DNA4,

Class

M1,

4.75%

(SOFR30A+110bps),

10/25/45,

Callable

10/25/30

@

100(a)(b)

.......................................................

2,153

2,154

Series

2025-HQA1,

Class

M2,

5.30%

(SOFR30A+165bps),

2/25/45,

Callable

2/25/30

@

100(a)(b)

.........................................................

Federal

Home

Loan

Mortgage

Corporation

STACR

Trust

..........................

Series

2018-HQA2,

Class

B2,

14.76%

(SOFR30A+1111bps),

10/25/48,

Callable

10/25/28

@

100(a)(b)

.......................................................

1,810

2,199

Series

2019-DNA3,

Class

B2,

11.91%

(SOFR30A+826bps),

7/25/49,

Callable

2/25/28

@

100(a)(b)

.........................................................

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Securitized

#### Income

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

Security

Description

Principal

Amount

(000) a

Value

(000) Series

2019-DNA4,

Class

B2,

10.01%

(SOFR30A+636bps),

10/25/49,

Callable

12/25/28

@

100(a)(b)

.......................................................

$

$

Series

2019-FTR1,

Class

B2,

12.11%

(SOFR30A+846bps),

1/25/48,

Callable

5/25/29

@

100(a)(b)

.........................................................

2,320

2,732

Series

2019-FTR3,

Class

B2,

8.58%

(SOFR30A+491bps),

9/25/47,

Callable

12/25/29

@

100(a)(b)

.........................................................

1,950

2,128

Series

2019-FTR4,

Class

B2,

8.76%

(SOFR30A+511bps),

11/25/47,

Callable

12/25/29

@

100(a)(b)

.........................................................

580

636

Home

Re

Ltd.

.........................................................

Series

2022-1,

Class

B1,

12.65%

(SOFR30A+900bps),

10/25/34,

Callable

8/25/27

@

100(a)(b)

.........................................................

Series

2026-1,

Class

B1,

7.85%

(SOFR30A+420bps),

1/25/36,

Callable

2/25/28

@

100(a)

(b) .............................................................

Series

2026-1,

Class

M1C,

6.25%

(SOFR30A+260bps),

1/25/36,

Callable

2/25/28

@

100(a)(b)

.........................................................

Series

2026-1,

Class

M2,

6.85%

(SOFR30A+320bps),

1/25/36,

Callable

2/25/28

@

100(a)(b)

.........................................................

J.P.

Morgan

Chase

Bank

NA,

Series

2021-CL1,

Class

M3,

5.45%

(SOFR30A+180bps),

3/25/51,

Callable

11/25/36

@

100(a)(b)

...................................

Multifamily

Connecticut

Avenue

Securities

Trust

................................

Series

2019-01,

Class

M10,

7.01%

(SOFR30A+336bps),

10/25/49(a)(b)

............

Series

2020-01,

Class

M10,

7.51%

(SOFR30A+386bps),

3/25/50(a)(b)

.............

Oaktown

Re

VII

Ltd.,

Series

2021-2,

Class

B1,

8.05%

(SOFR30A+440bps),

4/25/34,

Callable

10/25/26

@

100(a)(b)

................................................

Radnor

Re

Ltd.

........................................................

Series

2023-1,

Class

M1A,

6.35%

(SOFR30A+270bps),

7/25/33,

Callable

7/25/28

@

100(a)(b)

.........................................................

Series

2023-1,

Class

M1B,

8.00%

(SOFR30A+435bps),

7/25/33,

Callable

7/25/28

@

100(a)(b)

.........................................................

Series

2024-1,

Class

M1B,

6.55%

(SOFR30A+290bps),

9/25/34,

Callable

8/25/27

@

100(a)(b)

.........................................................

STACR

Trust,

Series

2018-HRP2,

Class

B2,

14.26%

(SOFR30A+1061bps),

2/25/47,

Callable

11/25/28

@

100(a)(b)

................................................

600

720

Triangle

Re

Ltd.

........................................................

Series

2021-3,

Class

M2,

7.40%

(SOFR30A+375bps),

2/25/34,

Callable

10/25/26

@

100(a)(b)

.........................................................

Series

2023-1,

Class

M1B,

8.90%

(SOFR30A+525bps),

11/25/33,

Callable

7/25/28

@

100(a)(b)

.........................................................

67,791

Private

CMO

IO

(0.1%):

Flagstar

Mortgage

Trust,

Series

2021-4,

Class

AX1,

0.20%,

6/1/51,

Callable

2/25/47

@

100(a)

(d)(e) ...........................................................

5,404

Hundred

Acre

Wood

Trust,

Series

2021-INV1,

Class

AX1,

0.23%,

7/25/51,

Callable

1/25/37

@

100(a)(d)(e)

.......................................................

3,324

J.P.

Morgan

Mortgage

Trust

...............................................

Series

2021-10,

Class

AX1,

0.11%,

12/25/51,

Callable

5/25/47

@

100(a)(d)(e)

.......

6,886

Series

2021-8,

Class

AX1,

0.11%,

12/25/51,

Callable

8/25/44

@

100(a)(d)(e)

........

5,818

Private

CMO

Other

(17.0%):

A&D

Mortgage

Trust

....................................................

Series

2023-NQM4,

Class

B1,

8.05%,

9/25/68,

Callable

10/25/26

@

100(a)(d)

.......

Series

2024-NQM1,

Class

B1,

8.44%,

2/25/69,

Callable

1/25/27

@

100(a)(d)

........

2,677

2,705

Series

2024-NQM4,

Class

B1B,

7.96%,

8/25/69,

Callable

9/25/27

@

100(a)(d)

.......

900

904

Series

2024-NQM5,

Class

B1A,

7.68%,

11/25/69,

Callable

11/25/27

@

100(a)(d)

.....

BRAVO

Residential

Funding

Trust

..........................................

Series

2023-NQM7,

Class

B1,

7.87%,

9/25/63,

Callable

10/25/26

@

100(a)(d)

.......

680

685

Series

2024-NQM2,

Class

B1,

7.91%,

2/25/64,

Callable

2/25/27

@

100(a)

..........

530

538

Series

2024-NQM3,

Class

B1,

8.10%,

3/25/64,

Callable

3/25/27

@

100(a)(d)

........

630

639

Series

2024-NQM5,

Class

B1,

7.38%,

6/25/64,

Callable

7/25/27

@

100(a)(d)

........

620

630

Series

2024-NQM5,

Class

B2,

8.08%,

6/25/64,

Callable

7/25/27

@

100(a)(d)

........

790

802

Cascade

Funding

Mortgage

Trust,

Series

2025-HB16,

Class

M3,

3.00%,

3/25/35,

Callable

9/25/27

@

100(a)(d)

.................................................

660

633

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Securitized

#### Income

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

Security

Description

Principal

Amount

(000) a

Value

(000) CFMT

LLC

...........................................................

Series

2024-HB14,

Class

M3,

3.00%,

6/25/34,

Callable

6/25/27

@

100(a)(d)

........

$

610

$

589

Series

2024-HB15,

Class

M4,

4.00%,

8/25/34(a)(d)

..........................

800

767

COLT

Mortgage

Loan

Trust

...............................................

Series

2024-4,

Class

B1,

7.79%,

7/25/69,

Callable

7/25/27

@

100(a)(d)

............

1,160

1,179

Series

2024-5,

Class

B1,

7.30%,

8/25/69,

Callable

9/25/27

@

100(a)(d)

............

1,370

1,384

Series

2024-6,

Class

B1,

7.50%,

11/25/69,

Callable

10/25/27

@

100(a)(d)

..........

840

848

FARM

Mortgage

Trust,

Series

2021-1,

Class

B,

3.22%,

7/25/51,

Callable

5/25/47

@

100(a)(d)

Federal

Home

Loan

Mortgage

Corporation

Seasoned

Credit

Risk

Transfer

Trust

..........

Series

2018-1,

Class

M,

4.75%,

5/25/57,

Callable

5/25/44

@

100(d)

...............

Series

2019-1,

Class

M,

4.75%,

7/25/58,

Callable

9/25/45

@

100(a)(d)

.............

816

801

Series

2019-2,

Class

M,

4.75%,

8/25/58,

Callable

10/25/51

@

100(a)(d)

............

769

751

Series

2019-3,

Class

M,

4.75%,

10/25/58,

Callable

2/25/44

@

100(d)

..............

GCAT

Trust

...........................................................

Series

2021-CM1,

Class

M1,

3.28%,

4/25/65,

Callable

5/25/26

@

100(a)(d)

.........

510

Series

2023-NQM2,

Class

B1,

6.89%,

11/25/67,

Callable

5/25/26

@

100(a)(d)

.......

1,980

1,973

Series

2024-NQM1,

Class

B1,

7.88%,

1/25/59,

Callable

2/25/27

@

100(a)(d)

........

Homes

Trust,

Series

2024-NQM1,

Class

B1A,

7.35%,

7/25/69,

Callable

7/25/27

@

100(a)(d)

825

832

Imperial

Fund

Mortgage

Trust

..............................................

Series

2021-NQM2,

Class

B2,

4.27%,

9/25/56,

Callable

5/25/26

@

100(a)(d)

........

Series

2022-NQM5,

Class

B1,

6.25%,

8/25/67,

Callable

5/25/26

@

100(a)(d)

........

1,130

1,126

Series

2023-NQM1,

Class

B1,

8.06%,

2/25/68,

Callable

5/25/26

@

100(a)(d)

........

940

936

J.P.

Morgan

Mortgage

Trust,

Series

2026-ACES1,

Class

B1,

6.50%,

4/25/66,

Callable

2/25/31

@

100(a)(d)

.......................................................

2,240

2,219

LHOME

Mortgage

Trust

..................................................

Series

2024-RTL2,

Class

A1,

7.13%,

3/25/29,

Callable

10/25/26

@

100(a)(d)(e)

......

1,510

1,511

Series

2024-RTL3,

Class

A1,

6.90%,

5/25/29,

Callable

12/25/26

@

100(a)(d)(e)

......

1,520

1,526

MFA

Trust

............................................................

Series

2024-NQM2,

Class

B1A,

6.78%,

8/25/69,

Callable

9/25/27

@

100(a)(d)

.......

Series

2024-NQM2,

Class

B1B,

7.29%,

8/25/69,

Callable

9/25/27

@

100(a)(d)

.......

1,910

1,939

MFRA

Trust,

Series

2024-NQM3,

Class

B1,

7.61%,

12/25/69,

Callable

12/25/27

@

100(a)(d)

1,480

1,519

Morgan

Stanley

Residential

Mortgage

Loan

Trust

................................

Series

2023-NQM1,

Class

B2,

7.34%,

9/25/68,

Callable

10/25/26

@

100(a)(d)

.......

1,920

1,917

Series

2024-NQM1,

Class

B1,

7.76%,

12/25/68,

Callable

2/25/27

@

100(a)(d)

.......

1,580

1,587

New

Residential

Mortgage

Loan

Trust,

Series

2017-4A,

Class

B4,

5.14%,

5/25/57,

Callable

7/25/31

@

100(a)(d)

.................................................

Onity

Loan

Investment

Trust,

Series

2024-HB2,

Class

M3,

5.00%,

8/25/37,

Callable

8/25/27

@

100(a)(d)

.........................................................

PRKCM

Trust,

Series

2023-AFC3,

Class

B1,

7.77%,

9/25/58,

Callable

8/25/26

@

100(a)(d)

.

PRPM

Trust

...........................................................

Series

2023-NQM2,

Class

B1,

6.85%,

8/25/68,

Callable

9/25/26

@

100(a)(d)

........

Series

2024-NQM3,

Class

B1,

7.34%,

8/25/69,

Callable

10/25/27

@

100(a)(d)

.......

1,020

1,029

Series

2025-NQM1,

Class

B1,

7.78%,

11/25/69,

Callable

2/25/28

@

100(a)(d)

.......

1,430

1,447

Series

2025-NQM2,

Class

B1,

7.84%,

4/25/70,

Callable

5/25/28

@

100(a)(d)

........

1,575

1,593

Saluda

Grade

Alternative

Mortgage

Trust

......................................

Series

2024-RTL4,

Class

A1,

7.50%,

2/25/30,

Callable

7/25/26

@

100(a)(d)(e)

.......

Series

2024-RTL5,

Class

A1,

7.76%,

4/25/30,

Callable

9/25/26

@

100(a)(d)(e)

.......

Towd

Point

Mortgage

Trust,

Series

2022-SJ1,

Class

B1,

5.25%,

3/25/62,

Callable

5/25/26

@

100(a)(d)

.........................................................

Verus

Securitization

Trust

.................................................

Series

2023-4,

Class

B1,

8.01%,

5/25/68,

Callable

5/25/26

@

100(a)(d)

............

1,030

1,026

Series

2023-5,

Class

B2,

7.97%,

6/25/68,

Callable

6/25/26

@

100(a)(d)

............

560

559

Series

2023-6,

Class

B1,

7.76%,

9/25/68,

Callable

9/25/26

@

100(a)(d)

............

2,620

2,630

Series

2023-7,

Class

B1,

7.91%,

10/25/68,

Callable

10/25/26

@

100(a)(d)

..........

550

553

Series

2023-8,

Class

B1,

8.07%,

12/25/68,

Callable

12/25/26

@

100(a)(d)

..........

920

930

Series

2023-INV3,

Class

B1,

8.17%,

11/25/68,

Callable

11/25/26

@

100(a)(d)

.......

530

533

Series

2023-INV3,

Class

B2,

8.17%,

11/25/68,

Callable

11/25/26

@

100(a)(d)

.......

730

734

Series

2024-1,

Class

B1,

7.91%,

1/25/69,

Callable

1/25/27

@

100(a)(d)

............

Series

2024-2,

Class

B1,

7.86%,

2/25/69,

Callable

2/25/27

@

100(a)(d)

............

1,100

1,115

Series

2024-3,

Class

B1,

8.03%,

4/25/69,

Callable

4/25/27

@

100(a)(d)

............

686

698

Series

2024-4,

Class

B1,

7.64%,

6/25/69,

Callable

5/25/27

@

100(a)(d)

............

Series

2024-5,

Class

B1,

7.79%,

6/25/69,

Callable

6/25/27

@

100(a)(d)

............

510

520

Series

2024-7,

Class

B1,

6.50%,

9/25/69,

Callable

9/25/27

@

100(a)(d)

............

1,050

1,054

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Securitized

#### Income

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

Security

Description

Principal

Amount

(000) a

Value

(000) Vista

Point

Securitization

Trust,

Series

2020-2,

Class

M1,

3.40%,

4/25/65,

Callable

5/25/26

@

100(a)(d)

.........................................................

$

$

50,085

Total

Collateralized

Mortgage

Obligations

(Cost

$133,525)

a

a

a

134,593

Corporate

Bonds

(0.0%)(f)

Financials

(0.0%):(f)

HOA

Funding

LLC

8/20/51(g)

........................................................

—

8/20/51(g)

........................................................

—

HOA

NewCo

LLC,

11/22/55,

Callable

6/4/26

@

100(a)(c)

..........................

Total

Corporate

Bonds

(Cost

$5)

a

a

a

U.S.

Government

Agency

Mortgages

(8.0%)

Federal

National

Mortgage

Association

5.50%,

5/25/41

-

5/25/56

.............................................

7,000

7,073

3.50%,

5/25/55

....................................................

1,000

910

6.00%,

5/25/55

....................................................

2,300

2,348

6.50%,

5/25/55

....................................................

1,100

1,141

5.00%,

5/25/56

....................................................

3,600

3,546

3.00%,

6/25/56

....................................................

2,700

2,362

3.50%,

6/25/56

....................................................

1,600

1,455

18,835

Government

National

Mortgage

Association

6.00%,

5/20/56

....................................................

2,300

2,345

6.50%,

5/20/56

....................................................

2,300

2,403

4,748

Total

U.S.

Government

Agency

Mortgages

(Cost

$23,605)

a

a

a

23,583

U.S.

Treasury

Obligations

(13.3%)

U.S.

Treasury

Bills

3.28%,

5/12/26(h)

..................................................

3,000

2,997

3.41%,

5/19/26(h)

..................................................

19,300

19,265

3.50%,

6/2/26(h)

...................................................

3,800

3,788

3.51%,

6/4/26(h)

...................................................

13,000

12,956

Total

U.S.

Treasury

Obligations

(Cost

$39,006)

a

a

a

39,006

Total

Investments

(Cost

$319,926)

—

108.4%

318,612

Liabilities

in

excess

of

other

assets

— (8.4)%

(24,568)

NET

ASSETS

-

100.00%

$

294,044

(a) Rule

144A

security

or

other

security

that

is

restricted

as

to

resale

to

institutional

investors.

As

of

April

30,

2026,

the

fair

value

of

these

securities

was

$255,311

(thousands)

and

amounted

to

86.8%

of

net

assets.

(b) Variable

or

Floating-Rate

Security.

Rate

disclosed

is

as

of

April

30,

2026. (c) Currently

the

issuer

is

in

default

with

respect

to

interest

and/or

principal

payments.

(d) The

rate

for

certain

asset-backed

and

mortgage-backed

securities

may

vary

based

on

factors

relating

to

the

pool

of

assets

underlying

the

security.

The

rate

disclosed

is

the

rate

in

effect

at

April

30,

2026. (e) Security

is

interest

only.

(f) Amount

represents

less

than

0.05%

of

net

assets.

(g) Zero-coupon

bond.

(h) Rate

represents

the

effective

yield

at

April

30,

2026. Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Securitized

#### Income

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

ABS

—

Asset-Backed

Securities

bps

—

Basis

points

CLO

—

Collateralized

Loan

Obligations

CMO

—

Collateralized

Mortgage

Obligations

LLC

—

Limited

Liability

Company

MBS

—

Mortgage-Backed

Securities

PLC

—

Public

Limited

Company

PRIME

—

US

Prime

rate,

rate

disclosed

as

of

April

30,

2026. SOFR

—

Secured

Overnight

Financing

Rate

SOFR30A

—

day

average

of

SOFR,

rate

disclosed

as

of

April

30,

2026. TSFR1M

—

Month

Term

SOFR,

rate

disclosed

as

of

April

30,

2026. TSFR3M

—

Month

Term

SOFR,

rate

disclosed

as

of

April

30,

2026. Futures

Contracts

Purchased

Number

of

Contracts

Expiration

Date

Notional

Amount

(000) Value

(000) Unrealized

Appreciation

(Depreciation)

(000) 2-Year

U.S.

Treasury

Note

Futures

.......

6/30/26

$

17,337

$

17,191

$

(146) 5-Year

U.S.

Treasury

Note

Futures

.......

6/30/26

4,715

4,637

(78) $

(224) Total

unrealized

appreciation

$

—

Total

unrealized

depreciation

(224) Total

net

unrealized

appreciation

(depreciation)

$

(224) Schedule

of

Portfolio

Investments

April

30,

2026

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Solutions

#### -

#### Balanced

#### Fund

(Unaudited)

Security

Description

Shares

a

Value

(000) Affiliated

Mutual

Funds

(99.8%)

Victory

Pioneer

Active

Credit

Fund,

Class

Y

....................................

1,347,324

$

11,317

Victory

Pioneer

Balanced

Fund,

Class

R6

......................................

1,554,583

21,391

Victory

Pioneer

Bond

Fund,

Class

R6

........................................

3,534,476

29,866

Victory

Pioneer

CAT

Bond

Fund,

Class

R6

.....................................

2,020,034

22,584

Victory

Pioneer

Disciplined

Value

Fund,

Class

R6

...............................

248,373

4,327

Victory

Pioneer

Equity

Income

Fund,

Class

R6

..................................

164,028

4,330

Victory

Pioneer

Equity

Premium

Income

Fund,

Class

R6

...........................

2,504,489

32,558

Victory

Pioneer

Fund,

Class

R6

.............................................

95,427

4,747

Victory

Pioneer

Fundamental

Growth

Fund,

Class

R6

.............................

129,493

4,390

Victory

Pioneer

Global

Equity

Fund,

Class

R6

..................................

3,206,842

81,935

Victory

Pioneer

International

Equity

Fund,

Class

R6

..............................

1,145,491

42,555

Victory

Pioneer

Multi

Asset

Income

Fund,

Class

R6

..............................

9,340,953

129,279

Victory

Pioneer

Multi

Asset

Ultrashort

Income

Fund,

Class

R6

......................

2,984,389

28,740

Victory

Pioneer

Securitized

Income

Fund,

Class

Y

...............................

1,176,498

11,118

Victory

Pioneer

Short

Term

Income

Fund,

Class

R6

..............................

476,752

4,191

Victory

Pioneer

Strategic

Income

Fund,

Class

R6

................................

43,643

Total

Affiliated

Mutual

Funds

(Cost

$343,657)

a

a

a

433,755

Total

Investments

(Cost

$343,657)

—

99.8%

433,755

Other

assets

in

excess

of

liabilities

— 0.2%

946

NET

ASSETS

-

100.00%

$

434,701

Affiliated

Holdings

(Amounts

in

thousands,

except

Shares)

Fair

Value

7/31/2025

Purchases

at

Cost

Proceeds

from

Sales

Net

Realized

Gains

(Losses)

Net

Change

in

Unrealized

Appreciation/

Depreciation

Fair

Value

4/30/2026

Shares

Dividend

Income

Capital

Gain

Distributions

Victory

Pioneer

Active

Credit

Fund,

Class

Y

..........

$

—

$

11,343

$

—

$

—

$

(26)

$

11,317

1,347,324

$

$

—

Victory

Pioneer

Balanced

Fund,

Class

R6

.........

17,553

644

(96)

3,284

21,391

1,554,583

644

—

Victory

Pioneer

Bond

Fund,

Class

R6

.............

34,908

1,038

(6,473)

29,866

3,534,476

1,051

—

Victory

Pioneer

CAT

Bond

Fund,

Class

R6

,

Class

R6

..

20,361

8,166

(5,751)

(20)

(172)

22,584

2,020,034

1,870

—

Victory

Pioneer

Disciplined

Value

Fund,

Class

R6

....

2,874

1,172

(32)

—

\*

4,327

248,373

—

Victory

Pioneer

Equity

Income

Fund,

Class

R6

.........

3,088

1,018

—

—

4,330

164,028

—

Victory

Pioneer

Equity

Premium

Income

Fund,

Class

R6

.............

24,744

8,046

(1,119)

(5)

892

32,558

2,504,489

2,047

—

Victory

Pioneer

Fund,

Class

R6

..................

3,163

1,205

(49)

4,747

95,427

—

Victory

Pioneer

Fundamental

Growth

Fund,

Class

R6

...

1,307

3,203

(282)

(16)

4,390

129,493

—

Victory

Pioneer

Global

Equity

Fund,

Class

R6

.........

75,538

13,003

(17,904)

3,324

7,974

81,935

3,206,842

8,590

—

Victory

Pioneer

International

Equity

Fund,

Class

R6

....

51,055

2,494

(20,627)

6,015

3,618

42,555

1,145,491

2,494

—

Victory

Pioneer

Multi

Asset

Income

Fund,

Class

R6

...

121,572

10,325

(11,306)

8,491

129,279

9,340,953

6,801

—

Victory

Pioneer

Multi

Asset

Ultrashort

Income

Fund,

Class

R6

.............

20,188

17,114

(8,436)

(20)

(106)

28,740

2,984,389

926

—

Victory

Pioneer

Securitized

Income

Fund,

Class

Y

....

12,759

1,631

(3,071)

(2)

(199)

11,118

1,176,498

530

—

Victory

Pioneer

Short

Term

Income

Fund,

Class

R6

...

16,135

(12,136)

(317)

4,191

476,752

—

Victory

Portfolios

IV

#### Victory

#### Pioneer

#### Solutions

#### -

#### Balanced

#### Fund

(Unaudited)

Schedule

of

Portfolio

Investments

—

continued

April

30,

2026

Affiliated

Holdings

(Amounts

in

thousands,

except

Shares)

Fair

Value

7/31/2025

Purchases

at

Cost

Proceeds

from

Sales

Net

Realized

Gains

(Losses)

Net

Change

in

Unrealized

Appreciation/

Depreciation

Fair

Value

4/30/2026

Shares

Dividend

Income

Capital

Gain

Distributions

Victory

Pioneer

Strategic

Income

Fund,

Class

R6

...

$

591

$

$

(190)

$

$

—

\*

$

43,643

$

$

—

$

405,836

$

80,723

$

(87,472)

$

9,822

$

24,846

$

433,755

29,972,795

$

26,574

$

—

\*

Rounds

to

less

than

$1

thousand.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Victory Portfolios IV

- **b. Investment Company Act file number:** 811-24019

- **c. CIK number of Registrant:** 0002042316

- **d. LEI of Registrant:** 25490054DPU07WNNLY79

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

  - **Street Address 1:** 15935 La Cantera Pkwy Building Two

  - **City:** San Antonio

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 78256

  - **Telephone number:** 800-539-3863

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

- **a. Name of Series:** Victory Pioneer Balanced Fund

- **b. EDGAR series identifier (if any):** S000089820

- **c. LEI of Series:** TH6FFS6V4MSHUTZS7P89

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

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2026-04-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $505873076.30

**Total Liabilities:** $38852036.18

**Net Assets:** $467021040.12

**Cash Not Reported:** $3943827.85

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -189.23736463 | **1-Year:** -5265.02412702 | **5-Year:** -16263.74142363 | **10-Year:** -20798.08825536 | **30-Year:** -5936.95254834

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

- **3-Month:** -10.34049000 | **1-Year:** -422.83291890 | **5-Year:** -1323.81704047 | **10-Year:** -663.41341703 | **30-Year:** -47.94103918

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000256620 | 1.40%                | -4.49%               | 9.74%                |
| Class ID C000256621 | 1.46%                | -4.40%               | 9.82%                |
| Class ID C000256622 | 1.45%                | -4.45%               | 9.79%                |
| Class ID C000256623 | 1.46%                | -4.45%               | 9.79%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $570749.96               | $4630528.86                                |
| Month 2  | $8929096.73              | $-28557878.61                              |
| Month 3  | $1260096.13              | $40126609.01                               |

**Designated Index Information**

- **Index Name:** 80-20 S&P 500 - BBG US AGG

- **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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| ACHM TRUST                                                    | ACHM TRUST 2024 HE2                                | CUSIP: 00112DAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    122344 | PA      | $122562.10    | 0.03%             | 2039-10-25      | Variable      | 5.35%                 | Yes           | 2                  | On Loan: No      |
| ABBVIE INC.                                                   | ABBVIE INC                                         | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     30337 | NS      | $6410814.84   | 1.37%             |  |  |  | No            | 1                  | On Loan: No      |
| ABBVIE INC.                                                   | ABBVIE INC                                         | CUSIP: 00287YCA5<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    117000 | PA      | $102476.30    | 0.02%             | 2039-11-21      | Fixed         | 4.05%                 | No            | 2                  | On Loan: No      |
| ACCELERATED LLC                                               | ACCELERATED 2021 1H LLC                            | CUSIP: 00439KAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     29287 | PA      | $27106.28     | 0.01%             | 2040-10-20      | Fixed         | 2.35%                 | Yes           | 2                  | On Loan: No      |
| AECOM                                                         | AECOM                                              | CUSIP: 00766TAE0<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | DBT              | CORP              | US        |    220000 | PA      | $221795.86    | 0.05%             | 2033-08-01      | Fixed         | 6.00%                 | Yes           | 2                  | On Loan: No      |
| AerCap Ireland Capital Designated Activity Company            | AERCAP IRELAND CAP DAC AERCAP GLoBAL AVIATION      | CUSIP: 00774MAX3<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | CORP              | IE        |    850000 | PA      | $776931.82    | 0.17%             | 2032-01-30      | Fixed         | 3.30%                 | No            | 2                  | On Loan: No      |
| AFFILIATED MANAGERS GROUP, INC.                               | AFFILIATED MANAGERS GROUP INC                      | CUSIP: 008252AS7<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | DBT              | CORP              | US        |    435000 | PA      | $429608.33    | 0.09%             | 2036-02-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Banque africaine de developpement                             | AFRICAN DEVELOPMENT BANK                           | CUSIP: 008281BK2<br>LEI: 549300LNCLMO3ITVCU07 | Long             | DBT              |  | CI        |    400000 | PA      | $390918.07    | 0.08%             | 2199-12-31      | Fixed         | 5.88%                 | No            | 2                  | On Loan: No      |
| Air Canada Pass Through Certificates, Series 2017-1           | AIR CANADA 2017 1 CLASS AA PASS THROUGH TRUST      | CUSIP: 00908PAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     97944 | PA      | $93428.87     | 0.02%             | 2031-07-15      | Fixed         | 3.30%                 | Yes           | 2                  | On Loan: No      |
| AKER BP ASA                                                   | AKER BP ASA                                        | CUSIP: 00973RAQ6<br>LEI: 549300NFTY73920OYK69 | Long             | DBT              | CORP              | NO        |    190000 | PA      | $185567.14    | 0.04%             | 2035-10-30      | Fixed         | 5.25%                 | Yes           | 2                  | On Loan: No      |
| ALBERTSONS COMPANIES, INC.                                    | ALBERTSONS COS INC                                 | CUSIP: 01309QAC2<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |     65000 | PA      | $64638.91     | 0.01%             | 2031-03-31      | Fixed         | 5.50%                 | Yes           | 2                  | On Loan: No      |
| ALBERTSONS COMPANIES, INC.                                    | ALBERTSONS COS INC                                 | CUSIP: 01309QAD0<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |    170000 | PA      | $165497.98    | 0.04%             | 2034-03-31      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| ALGONQUIN POWER & UTILITIES CORP.                             | ALGONQUIN POWER UTILITIES CORP                     | CUSIP: 015857AF2<br>LEI: 549300K5VIUTJXQL7X75 | Long             | DBT              | CORP              | CA        |     50000 | PA      | $49998.74     | 0.01%             | 2026-06-15      | Fixed         | 5.37%                 | No            | 2                  | On Loan: No      |
| Allianz SE                                                    | ALLIANZ SE                                         | CUSIP: 018820AE0<br>LEI: 529900K9B0N5BT694847 | Long             | DBT              | CORP              | DE        |    400000 | PA      | $404745.60    | 0.09%             | 2199-12-31      | Fixed         | 6.55%                 | Yes           | 2                  | On Loan: No      |
| Allianz SE                                                    | ALLIANZ SE                                         | CUSIP: 018820AF7<br>LEI: 529900K9B0N5BT694847 | Long             | DBT              | CORP              | DE        |    200000 | PA      | $200135.60    | 0.04%             | 2199-12-31      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F012452<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    200000 | PA      | $179368.81    | 0.04%             | 2041-05-25      | Fixed         | 1.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F020455<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    200000 | PA      | $183368.81    | 0.04%             | 2041-05-25      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F020661<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1200000 | PA      | $959637.85    | 0.21%             | 2056-06-25      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F022451<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    200000 | PA      | $188180.42    | 0.04%             | 2041-05-25      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F022667<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    800000 | PA      | $669543.52    | 0.14%             | 2056-06-25      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F030660<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1800000 | PA      | $1574682.79   | 0.34%             | 2056-06-25      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F032658<br>LEI: B1V7KEBTPIMZEU4LTD58 | Short            | ABS-MBS          | USGSE             | US        |  -1300000 | PA      | $-1183177.26  | -0.25%            | 2055-05-25      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F032666<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2100000 | PA      | $1910137.89   | 0.41%             | 2056-06-25      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F040651<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    800000 | PA      | $750156.36    | 0.16%             | 2056-05-25      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F042657<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1600000 | PA      | $1538889.07   | 0.33%             | 2055-05-25      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F050452<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $1007244.37   | 0.22%             | 2041-05-25      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F050650<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2100000 | PA      | $2068689.50   | 0.44%             | 2056-05-25      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F052458<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1700000 | PA      | $1736416.86   | 0.37%             | 2041-05-25      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F052656<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1300000 | PA      | $1306466.66   | 0.28%             | 2056-05-25      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F060642<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    100000 | PA      | $102019.51    | 0.02%             | 2056-04-25      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F060642<br>LEI: B1V7KEBTPIMZEU4LTD58 | Short            | ABS-MBS          | USGSE             | US        |   -100000 | PA      | $-102019.51   | -0.02%            | 2056-04-25      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F060659<br>LEI: B1V7KEBTPIMZEU4LTD58 | Short            | ABS-MBS          | USGSE             | US        |  -2300000 | PA      | $-2347914.82  | -0.50%            | 2055-05-25      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F060667<br>LEI: B1V7KEBTPIMZEU4LTD58 | Short            | ABS-MBS          | USGSE             | US        |   -900000 | PA      | $-917800.06   | -0.20%            | 2056-06-25      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F062648<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    100000 | PA      | $103678.57    | 0.02%             | 2056-04-25      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F062648<br>LEI: B1V7KEBTPIMZEU4LTD58 | Short            | ABS-MBS          | USGSE             | US        |   -100000 | PA      | $-103678.57   | -0.02%            | 2056-04-25      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F062655<br>LEI: B1V7KEBTPIMZEU4LTD58 | Short            | ABS-MBS          | USGSE             | US        |  -3200000 | PA      | $-3319902.24  | -0.71%            | 2055-05-25      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| ALLY FINANCIAL INC.                                           | ALLY FINANCIAL INC                                 | CUSIP: 02005NBV1<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    120000 | PA      | $121749.19    | 0.03%             | 2035-07-26      | Fixed         | 6.18%                 | No            | 2                  | On Loan: No      |
| ALLY FINANCIAL INC.                                           | ALLY FINANCIAL INC                                 | CUSIP: 02005NBY5<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    205000 | PA      | $201867.39    | 0.04%             | 2040-01-17      | Fixed         | 6.65%                 | No            | 2                  | On Loan: No      |
| ALPHABET INC.                                                 | ALPHABET INC CLASS A                               | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     99264 | NS      | $38196787.20  | 8.18%             |  |  |  | No            | 1                  | On Loan: No      |
| ALPHABET INC.                                                 | ALPHABET INC                                       | CUSIP: 02079KAN7<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |    115000 | PA      | $104742.63    | 0.02%             | 2065-05-15      | Fixed         | 5.30%                 | No            | 2                  | On Loan: No      |
| ALTA WIND HOLDINGS, LLC                                       | ALTA WIND HOLDINGS LLC                             | CUSIP: 021345AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     34748 | PA      | $32855.80     | 0.01%             | 2035-06-30      | Fixed         | 7.00%                 | Yes           | 2                  | On Loan: No      |
| AMAZON.COM, INC.                                              | AMAZON COM INC                                     | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     73949 | NS      | $19600921.94  | 4.20%             |  |  |  | No            | 1                  | On Loan: No      |
| AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST                  | AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST 2024  | CUSIP: 02490BAG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $101591.09    | 0.02%             | 2030-07-12      | Fixed         | 6.04%                 | Yes           | 2                  | On Loan: No      |
| AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST                  | AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST 2025  | CUSIP: 024938AG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    170000 | PA      | $171270.94    | 0.04%             | 2031-07-14      | Fixed         | 5.50%                 | Yes           | 2                  | On Loan: No      |
| AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST                  | AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST 2025  | CUSIP: 024948AG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $99872.32     | 0.02%             | 2031-09-12      | Fixed         | 5.25%                 | Yes           | 2                  | On Loan: No      |
| AMERICAN ELECTRIC POWER COMPANY, INC.                         | AMERICAN ELECTRIC POWER CO INC                     | CUSIP: 025537AM3<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |    125000 | PA      | $124671.15    | 0.03%             | 2028-12-01      | Fixed         | 4.30%                 | No            | 2                  | On Loan: No      |
| AMERICAN HONDA FINANCE CORPORATION                            | AMERICAN HONDA FINANCE CORP                        | CUSIP: 02665WFL0<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |    345000 | PA      | $347041.06    | 0.07%             | 2031-07-10      | Fixed         | 5.05%                 | No            | 2                  | On Loan: No      |
| AMERICAN HONDA FINANCE CORPORATION                            | AMERICAN HONDA FINANCE CORP                        | CUSIP: 02665WFU0<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |    275000 | PA      | $273652.04    | 0.06%             | 2031-10-23      | Fixed         | 4.85%                 | No            | 2                  | On Loan: No      |
| AMERICAN HONDA FINANCE CORPORATION                            | AMERICAN HONDA FINANCE CORP                        | CUSIP: 02665WGT2<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |    305000 | PA      | $298508.16    | 0.06%             | 2036-01-08      | Fixed         | 5.10%                 | No            | 2                  | On Loan: No      |
| AMERICOLD REALTY OPERATING PARTNERSHIP, L.P.                  | AMERICOLD REALTY OPERATING PARTNERSHIP LP          | CUSIP: 03063UAB7<br>LEI: 549300FKD9KVWNHSUU79 | Long             | DBT              | CORP              | US        |     60000 | PA      | $59800.10     | 0.01%             | 2032-05-15      | Fixed         | 5.60%                 | No            | 2                  | On Loan: No      |
| AMGEN INC.                                                    | AMGEN INC                                          | CUSIP: 031162DR8<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    165000 | PA      | $168851.55    | 0.04%             | 2033-03-02      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| AMUR EQUIPMENT FINANCE RECEIVABLES LLC                        | AMUR EQUIPMENT FINANCE RECEIVABLES XI LLC          | CUSIP: 03236XAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $301899.21    | 0.06%             | 2029-05-21      | Fixed         | 7.25%                 | Yes           | 2                  | On Loan: No      |
| AMUR EQUIPMENT FINANCE RECEIVABLES LLC                        | AMUR EQUIPMENT FINANCE RECEIVABLES XII LLC         | CUSIP: 03236YAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $101949.40    | 0.02%             | 2029-12-20      | Fixed         | 6.36%                 | Yes           | 2                  | On Loan: No      |
| AMUR EQUIPMENT FINANCE RECEIVABLES LLC                        | AMUR EQUIPMENT FINANCE RECEIVABLES XIV LLC         | CUSIP: 03238BAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    230000 | PA      | $233000.99    | 0.05%             | 2031-10-20      | Fixed         | 5.97%                 | Yes           | 2                  | On Loan: No      |
| ANGLOGOLD ASHANTI HOLDINGS PLC                                | ANGLOGOLD ASHANTI HOLDINGS PLC                     | CUSIP: 03512TAE1<br>LEI: 213800745ZIXC4L6A131 | Long             | DBT              | CORP              | IM        |    290000 | PA      | $279449.79    | 0.06%             | 2030-10-01      | Fixed         | 3.75%                 | No            | 2                  | On Loan: No      |
| ELEVANCE HEALTH, INC.                                         | ELEVANCE HEALTH INC                                | CUSIP: 036752AY9<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101802.50    | 0.02%             | 2029-06-15      | Fixed         | 5.15%                 | No            | 2                  | On Loan: No      |
| ELEVANCE HEALTH, INC.                                         | ELEVANCE HEALTH INC                                | CUSIP: 036752AZ6<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     70000 | PA      | $71202.05     | 0.02%             | 2034-06-15      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| APPLIED MATERIALS, INC.                                       | APPLIED MATERIALS INC                              | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     19201 | NS      | $7574602.49   | 1.62%             |  |  |  | No            | 1                  | On Loan: No      |
| ARBOR REALTY COMMERCIAL REAL ESTATE NOTES LTD                 | ARBOR REALTY COMMERCIAL REAL ESTATE NOTES 2022 FL1 | CUSIP: 03880XAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $249998.50    | 0.05%             | 2037-01-15      | Floating      | 5.94%                 | Yes           | 2                  | On Loan: No      |
| ARBOR REALTY COMMERCIAL REAL ESTATE NOTES LTD                 | ARBOR REALTY COLLATERALIZED LOAN OBLIGATION LTD    | CUSIP: 03881UAG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    240000 | PA      | $241468.37    | 0.05%             | 2041-01-18      | Floating      | 6.29%                 | Yes           | 2                  | On Loan: No      |
| ARCHROCK SERVICES, L.P.                                       | ARCHROCK SERVICES LP                               | CUSIP: 03958CAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $35228.06     | 0.01%             | 2034-02-01      | Fixed         | 6.00%                 | Yes           | 2                  | On Loan: No      |
| AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED               | AUSTRALIA NEW ZEALAND BANKING GROUP LTD            | CUSIP: 052528AR7<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |    285000 | PA      | $292150.81    | 0.06%             | 2034-09-18      | Fixed         | 5.73%                 | Yes           | 2                  | On Loan: No      |
| AVIS BUDGET CAR RENTAL, LLC                                   | AVIS BUDGET CAR RENTAL LLC                         | CUSIP: 053773BK2<br>LEI: XN8R4HH1TVC1XOCL5P21 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25134.23     | 0.01%             | 2032-06-15      | Fixed         | 8.38%                 | Yes           | 2                  | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING                                | AVIS BUDGET RENTAL CAR FUNDING AESOP LLC           | CUSIP: 05377RHZ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $102293.64    | 0.02%             | 2030-06-20      | Fixed         | 5.85%                 | Yes           | 2                  | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING                                | AVIS BUDGET RENTAL CAR FUNDING AESOP LLC           | CUSIP: 05377RJA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    120000 | PA      | $122800.16    | 0.03%             | 2030-06-20      | Fixed         | 6.48%                 | Yes           | 2                  | On Loan: No      |
| AVOLON HOLDINGS FUNDING LIMITED                               | AVOLON HOLDINGS FUNDING LTD                        | CUSIP: 05401AAS0<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |    570000 | PA      | $586924.10    | 0.13%             | 2028-05-04      | Fixed         | 6.38%                 | Yes           | 2                  | On Loan: No      |
| AVOLON HOLDINGS FUNDING LIMITED                               | AVOLON HOLDINGS FUNDING LTD                        | CUSIP: 05401AAV3<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |     30000 | PA      | $30735.57     | 0.01%             | 2029-11-15      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| AVOLON HOLDINGS FUNDING LIMITED                               | AVOLON HOLDINGS FUNDING LTD                        | CUSIP: 05401ABD2<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |      5000 | PA      | $4911.50      | 0.00%             | 2031-01-30      | Fixed         | 4.70%                 | Yes           | 2                  | On Loan: No      |
| BJ'S WHOLESALE CLUB HOLDINGS, INC.                            | BJ S WHOLESALE CLUB HOLDINGS INC                   | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |     39130 | NS      | $3673915.70   | 0.79%             |  |  |  | No            | 1                  | On Loan: No      |
| BINOM SECURITIZATION TRUST                                    | BINOM SECURITIZATION TRUST 2022 RPL1               | CUSIP: 05552CAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    425000 | PA      | $327453.02    | 0.07%             | 2061-02-25      | Fixed         | 3.00%                 | Yes           | 2                  | On Loan: No      |
| BMW US CAPITAL, LLC                                           | BMW US CAPITAL LLC                                 | CUSIP: 05565ECZ6<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |    395000 | PA      | $399815.49    | 0.09%             | 2035-03-21      | Fixed         | 5.40%                 | Yes           | 2                  | On Loan: No      |
| BNP PARIBAS SA                                                | BNP PARIBAS SA                                     | CUSIP: 05602XQQ4<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    330000 | PA      | $341855.25    | 0.07%             | 2199-12-31      | Fixed         | 7.45%                 | Yes           | 2                  | On Loan: No      |
| BNP PARIBAS SA                                                | BNP PARIBAS SA                                     | CUSIP: 05602XQR2<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $198644.96    | 0.04%             | 2199-12-31      | Fixed         | 6.88%                 | Yes           | 2                  | On Loan: No      |
| Banco Santander, S.A.                                         | BANCO SANTANDER SA                                 | CUSIP: 05964HBK0<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $209484.27    | 0.04%             | 2035-01-17      | Fixed         | 6.03%                 | No            | 2                  | On Loan: No      |
| Banco Santander, S.A.                                         | BANCO SANTANDER SA                                 | CUSIP: 05971KAL3<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    600000 | PA      | $539978.97    | 0.12%             | 2032-11-22      | Fixed         | 3.23%                 | No            | 2                  | On Loan: No      |
| Banco Santander, S.A.                                         | BANCO SANTANDER SA                                 | CUSIP: 05971KAW9<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $198558.21    | 0.04%             | 2036-04-15      | Fixed         | 5.44%                 | No            | 2                  | On Loan: No      |
| BANK OF AMERICA CORPORATION                                   | BANK OF AMERICA CORP                               | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    120565 | NS      | $6445404.90   | 1.38%             |  |  |  | No            | 1                  | On Loan: No      |
| BANK OF AMERICA CORPORATION                                   | BANK OF AMERICA CORP                               | CUSIP: 06051GKD0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    335000 | PA      | $298446.53    | 0.06%             | 2032-10-20      | Fixed         | 2.57%                 | No            | 2                  | On Loan: No      |
| BANK OF AMERICA CORPORATION                                   | BANK OF AMERICA CORP                               | CUSIP: 06055H202<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |      4907 | NS      | $100740.71    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| THE BANK OF NOVA SCOTIA                                       | BANK OF NOVA SCOTIA THE                            | CUSIP: 06418GAZ0<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    145000 | PA      | $143393.80    | 0.03%             | 2034-02-02      | Fixed         | 4.81%                 | No            | 2                  | On Loan: No      |
| BANQUE FEDERATIVE DU CREDIT MUTUEL SA                         | BANQUE FEDERATIVE DU CREDIT MUTUEL SA              | CUSIP: 06675DCU4<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $197650.88    | 0.04%             | 2031-01-15      | Fixed         | 4.54%                 | Yes           | 2                  | On Loan: No      |
| BANQUE OUEST AFRICAINE DE DEVELOPPEMENT                       | BANQUE OUEST AFRICAINE DE DEVELOPPEMENT            | CUSIP: 06675QAC7<br>LEI: 529900LIZJABE4JJS826 | Long             | DBT              |  | TG        |    370000 | PA      | $340340.19    | 0.07%             | 2031-10-22      | Fixed         | 4.70%                 | Yes           | 2                  | On Loan: No      |
| BAXTER INTERNATIONAL INC.                                     | BAXTER INTERNATIONAL INC                           | CUSIP: 071813DD8<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |     35000 | PA      | $34638.52     | 0.01%             | 2030-12-15      | Fixed         | 4.90%                 | No            | 2                  | On Loan: No      |
| BENCHMARK MORTGAGE TRUST                                      | BENCHMARK 2022 B34 MORTGAGE TRUST                  | CUSIP: 08161YBJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $176438.66    | 0.04%             | 2055-04-15      | Variable      | 3.83%                 | No            | 2                  | On Loan: No      |
| BENCHMARK MORTGAGE TRUST                                      | BENCHMARK 2018 B8 MORTGAGE TRUST                   | CUSIP: 08162UAV2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $297981.57    | 0.06%             | 2052-01-15      | Fixed         | 3.96%                 | No            | 2                  | On Loan: No      |
| BEST BUY CO., INC.                                            | BEST BUY CO INC                                    | CUSIP: 08652BAB5<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | DBT              | CORP              | US        |    565000 | PA      | $505362.10    | 0.11%             | 2030-10-01      | Fixed         | 1.95%                 | No            | 2                  | On Loan: No      |
| BLACKBIRD CAPITAL AIRCRAFT LEASE SECURITIZATION LIMITED       | BLACKBIRD CAPITAL II AIRCRAFT LEASE LTD            | CUSIP: 09229CAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    152162 | PA      | $144577.51    | 0.03%             | 2046-07-15      | Fixed         | 2.44%                 | Yes           | 2                  | On Loan: No      |
| Blue Ridge Re Ltd.                                            | BLUE RIDGE RE LTD                                  | CUSIP: 096003AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    250000 | PA      | $252725.00    | 0.05%             | 2031-01-08      | Variable      | 8.68%                 | Yes           | 2                  | On Loan: No      |
| BNP PARIBAS SA                                                | BNP PARIBAS SA                                     | CUSIP: 09659W2R4<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    225000 | PA      | $212560.79    | 0.05%             | 2029-09-15      | Fixed         | 2.16%                 | Yes           | 2                  | On Loan: No      |
| Bonanza Re Ltd                                                | BONANZA RE LTD                                     | CUSIP: 09785EAP6<br>LEI: 5493003F0CXUQ2C83105 | Long             | DBT              | CORP              | BM        |    250000 | PA      | $252125.00    | 0.05%             | 2027-12-19      | Variable      | 7.52%                 | Yes           | 2                  | On Loan: No      |
| BOSTON GAS COMPANY                                            | BOSTON GAS CO                                      | CUSIP: 100743AK9<br>LEI: FN7P4E7K9JOBORDEUX61 | Long             | DBT              | CORP              | US        |    325000 | PA      | $320255.00    | 0.07%             | 2027-08-01      | Fixed         | 3.15%                 | Yes           | 2                  | On Loan: No      |
| GREAT BRITISH POUND                                           | GREAT BRITISH POUND                                | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | GB        |         1 | NS      | $0.98         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| BRISTOL-MYERS SQUIBB COMPANY                                  | BRISTOL MYERS SQUIBB CO                            | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     56150 | NS      | $3402128.50   | 0.73%             |  |  |  | No            | 1                  | On Loan: No      |
| BROADCOM INC.                                                 | BROADCOM INC                                       | CUSIP: 11135FAS0<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     60000 | PA      | $58583.86     | 0.01%             | 2032-11-15      | Fixed         | 4.30%                 | No            | 2                  | On Loan: No      |
| BROADCOM INC.                                                 | BROADCOM INC                                       | CUSIP: 11135FBQ3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    391000 | PA      | $328090.57    | 0.07%             | 2036-11-15      | Fixed         | 3.19%                 | Yes           | 2                  | On Loan: No      |
| BROADCOM INC.                                                 | BROADCOM INC                                       | CUSIP: 11135FBT7<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    125000 | PA      | $121254.26    | 0.03%             | 2032-04-15      | Fixed         | 4.15%                 | Yes           | 2                  | On Loan: No      |
| BROADCOM INC.                                                 | BROADCOM INC                                       | CUSIP: 11135FBX8<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    210000 | PA      | $214072.20    | 0.05%             | 2029-07-12      | Fixed         | 5.05%                 | No            | 2                  | On Loan: No      |
| BROADCOM INC.                                                 | BROADCOM INC                                       | CUSIP: 11135FCK5<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150665.86    | 0.03%             | 2030-07-15      | Fixed         | 4.60%                 | No            | 2                  | On Loan: No      |
| BROWN & BROWN, INC.                                           | BROWN BROWN INC                                    | CUSIP: 115236AE1<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |    185000 | PA      | $175536.74    | 0.04%             | 2032-03-17      | Fixed         | 4.20%                 | No            | 2                  | On Loan: No      |
| BUNKER HILL LOAN DEPOSITARY TRUST                             | BUNKER HILL LOAN DEPOSITARY TRUST 2020 1           | CUSIP: 12062RAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $97897.97     | 0.02%             | 2055-02-25      | Variable      | 3.25%                 | Yes           | 2                  | On Loan: No      |
| CBRE SERVICES, INC.                                           | CBRE SERVICES INC                                  | CUSIP: 12505BAL4<br>LEI: 549300CTE3HOMEUMM603 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39539.47     | 0.01%             | 2033-01-15      | Fixed         | 4.90%                 | No            | 2                  | On Loan: No      |
| CASCADE FUNDING MORTGAGE TRUST                                | CFMT 2022 HB9 LLC                                  | CUSIP: 12530GAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    130000 | PA      | $124868.37    | 0.03%             | 2037-09-25      | Fixed         | 3.25%                 | Yes           | 2                  | On Loan: No      |
| CASCADE FUNDING MORTGAGE TRUST                                | CFMT 2024 HB13 LLC                                 | CUSIP: 12530VAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     82107 | PA      | $81298.85     | 0.02%             | 2034-05-25      | Variable      | 3.00%                 | Yes           | 2                  | On Loan: No      |
| CASCADE FUNDING MORTGAGE TRUST                                | CFMT 2024 HB13 LLC                                 | CUSIP: 12530VAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $97493.13     | 0.02%             | 2034-05-25      | Variable      | 3.00%                 | Yes           | 2                  | On Loan: No      |
| CASCADE FUNDING MORTGAGE TRUST                                | CFMT 2024 HB14 LLC                                 | CUSIP: 12530XAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $97396.73     | 0.02%             | 2034-06-25      | Variable      | 3.00%                 | Yes           | 2                  | On Loan: No      |
| CASCADE FUNDING MORTGAGE TRUST                                | CFMT 2024 HB14 LLC                                 | CUSIP: 12530XAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $97016.10     | 0.02%             | 2034-06-25      | Variable      | 3.00%                 | Yes           | 2                  | On Loan: No      |
| CNO FINANCIAL GROUP, INC.                                     | CNO FINANCIAL GROUP INC                            | CUSIP: 12621EAM5<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | DBT              | CORP              | US        |     75000 | PA      | $77885.86     | 0.02%             | 2034-06-15      | Fixed         | 6.45%                 | No            | 2                  | On Loan: No      |
| CVS HEALTH CORPORATION                                        | CVS HEALTH CORP                                    | CUSIP: 126650DU1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    250000 | PA      | $253739.29    | 0.05%             | 2033-02-21      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| CVS HEALTH CORPORATION                                        | CVS HEALTH CORP                                    | CUSIP: 126650DX5<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40846.74     | 0.01%             | 2031-01-30      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| CRH SMW Finance Designated Activity Company                   | CRH SMW FINANCE DAC                                | CUSIP: 12704PAB4<br>LEI: 54930044475SH442C864 | Long             | DBT              | CORP              | IE        |    200000 | PA      | $203615.91    | 0.04%             | 2030-01-09      | Fixed         | 5.12%                 | No            | 2                  | On Loan: No      |
| COPT DEFENSE PROPERTIES, L.P.                                 | COPT DEFENSE PROPERTIES LP                         | CUSIP: 12713UAA4<br>LEI: H0TWO5VRNEP6CQAWPX27 | Long             | DBT              | CORP              | US        |     45000 | PA      | $44486.40     | 0.01%             | 2030-10-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| CANADIAN IMPERIAL BANK OF COMMERCE                            | CANADIAN IMPERIAL BANK OF COMMERCE                 | CUSIP: 13607PHS6<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    255000 | PA      | $255300.76    | 0.05%             | 2030-09-11      | Fixed         | 4.63%                 | No            | 2                  | On Loan: No      |
| CAPITAL ONE FINANCIAL CORPORATION                             | CAPITAL ONE FINANCIAL CORP                         | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |     25490 | NS      | $4876237.00   | 1.04%             |  |  |  | No            | 1                  | On Loan: No      |
| CAPITAL ONE FINANCIAL CORPORATION                             | CAPITAL ONE FINANCIAL CO                           | CUSIP: 14040H758<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EP               | CORP              | US        |      1113 | NS      | $18564.84     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| CAPITAL ONE FINANCIAL CORPORATION                             | CAPITAL ONE FINANCIAL CO                           | CUSIP: 14040HCG8<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    290000 | PA      | $249940.10    | 0.05%             | 2032-07-29      | Fixed         | 2.36%                 | No            | 2                  | On Loan: No      |
| CAPITAL ONE FINANCIAL CORPORATION                             | CAPITAL ONE FINANCIAL CORP                         | CUSIP: 14040HDJ1<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |     95000 | PA      | $96750.42     | 0.02%             | 2036-01-30      | Fixed         | 6.18%                 | No            | 2                  | On Loan: No      |
| CARDINAL HEALTH, INC.                                         | CARDINAL HEALTH INC                                | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |     31839 | NS      | $6141106.32   | 1.31%             |  |  |  | No            | 1                  | On Loan: No      |
| CARLYLE US CLO LTD                                            | CARLYLE US CLO 2019 4 LTD                          | CUSIP: 14317VAY6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $246561.50    | 0.05%             | 2035-04-15      | Floating      | 6.87%                 | Yes           | 2                  | On Loan: No      |
| EURO                                                          | EURO                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | XX        |     30460 | NS      | $35749.60     | 0.01%             |  |  |  | No            | N/A                | On Loan: No      |
| CASCADE FUNDING MORTGAGE TRUST                                | CASCADE MH ASSET TRUST 2021 MH1                    | CUSIP: 14731QAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    150000 | PA      | $119669.73    | 0.03%             | 2046-02-25      | Variable      | 2.99%                 | Yes           | 2                  | On Loan: No      |
| CASCADE MORTGAGE ASSET TRUST                                  | CASCADE MH ASSET TRUST 2019 MH1                    | CUSIP: 14732FAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     95716 | PA      | $92048.70     | 0.02%             | 2044-11-25      | Fixed         | 4.00%                 | Yes           | 2                  | On Loan: No      |
| CELANESE US HOLDINGS LLC                                      | CELANESE US HOLDINGS LLC                           | CUSIP: 15089QAY0<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    245000 | PA      | $264891.06    | 0.06%             | 2033-11-15      | Variable      | 7.20%                 | No            | 2                  | On Loan: No      |
| CASCADE FUNDING MORTGAGE TRUST                                | CFMT 2024 HB15 LLC                                 | CUSIP: 15723AAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $97780.46     | 0.02%             | 2034-08-25      | Fixed         | 4.00%                 | Yes           | 2                  | On Loan: No      |
| CIRRUS LOGIC, INC.                                            | CIRRUS LOGIC INC                                   | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               | CORP              | US        |     18515 | NS      | $3019426.20   | 0.65%             |  |  |  | No            | 1                  | On Loan: No      |
| CISCO SYSTEMS, INC.                                           | CISCO SYSTEMS INC                                  | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |    113484 | NS      | $10383786.00  | 2.22%             |  |  |  | No            | 1                  | On Loan: No      |
| CITADEL SECURITIES GLOBAL HOLDINGS LLC                        | CITADEL SECURITIES GLOBAL HOLDINGS LLC             | CUSIP: 17289RAB2<br>LEI: 549300NV5RXBUS3X7L47 | Long             | DBT              | CORP              | US        |    330000 | PA      | $337360.81    | 0.07%             | 2035-06-18      | Fixed         | 6.20%                 | Yes           | 2                  | On Loan: No      |
| CITIGROUP COMMERCIAL MORTGAGE TRUST                           | CITIGROUP COMMERCIAL MORTGAGE TRUST 2018 C5        | CUSIP: 17291DAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    203796 | PA      | $202188.54    | 0.04%             | 2051-06-10      | Fixed         | 3.96%                 | No            | 2                  | On Loan: No      |
| CITIGROUP INC.                                                | CITIGROUP INC                                      | CUSIP: 172967NE7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    220000 | PA      | $194988.45    | 0.04%             | 2032-11-03      | Fixed         | 2.52%                 | No            | 2                  | On Loan: No      |
| CITIGROUP MORTGAGE LOAN TRUST INC                             | CITIGROUP MORTGAGE LOAN TRUST 2018 RP3             | CUSIP: 17327DAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $436369.95    | 0.09%             | 2061-03-25      | Variable      | 3.25%                 | Yes           | 2                  | On Loan: No      |
| CITIZENS FINANCIAL GROUP, INC.                                | CITIZENS FINANCIAL GROUP INC                       | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |     73009 | NS      | $4749235.45   | 1.02%             |  |  |  | No            | 1                  | On Loan: No      |
| CITIZENS FINANCIAL GROUP, INC.                                | CITIZENS FINANCIAL GROUP INC                       | CUSIP: 174610BF1<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |    135000 | PA      | $138925.12    | 0.03%             | 2030-01-23      | Fixed         | 5.84%                 | No            | 2                  | On Loan: No      |
| CITIZENS FINANCIAL GROUP, INC.                                | CITIZENS FINANCIAL GROUP INC                       | CUSIP: 174610BH7<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |    135000 | PA      | $139094.28    | 0.03%             | 2032-07-23      | Fixed         | 5.72%                 | No            | 2                  | On Loan: No      |
| CITIZENS FINANCIAL GROUP, INC.                                | CITIZENS FINANCIAL GROUP INC                       | CUSIP: 174610BJ3<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40503.12     | 0.01%             | 2031-03-05      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| CITIZENS FINANCIAL GROUP, INC.                                | CITIZENS FINANCIAL GROUP INC                       | CUSIP: 174610BK0<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14871.08     | 0.00%             | 2036-01-29      | Fixed         | 5.30%                 | No            | 2                  | On Loan: No      |
| CLEVELAND-CLIFFS INC.                                         | CLEVELAND CLIFFS INC                               | CUSIP: 185899AP6<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99937.66     | 0.02%             | 2032-03-15      | Fixed         | 7.00%                 | Yes           | 2                  | On Loan: No      |
| CLEVELAND-CLIFFS INC.                                         | CLEVELAND CLIFFS INC                               | CUSIP: 18589GAA3<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    140000 | PA      | $141418.76    | 0.03%             | 2034-01-15      | Fixed         | 7.62%                 | Yes           | 2                  | On Loan: No      |
| CNO GLOBAL FUNDING                                            | CNO GLOBAL FUNDING                                 | CUSIP: 18977W2C3<br>LEI: 6354008GTNR4833ULD48 | Long             | DBT              | CORP              | US        |    435000 | PA      | $412555.44    | 0.09%             | 2029-01-06      | Fixed         | 2.65%                 | Yes           | 2                  | On Loan: No      |
| CNO GLOBAL FUNDING                                            | CNO GLOBAL FUNDING                                 | CUSIP: 18977W2G4<br>LEI: 6354008GTNR4833ULD48 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30094.95     | 0.01%             | 2027-12-10      | Fixed         | 4.88%                 | Yes           | 2                  | On Loan: No      |
| COLUMBIA PIPELINES HOLDING COMPANY LLC                        | COLUMBIA PIPELINES HOLDING CO LLC                  | CUSIP: 19828AAD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    125000 | PA      | $126106.09    | 0.03%             | 2031-10-01      | Fixed         | 5.10%                 | Yes           | 2                  | On Loan: No      |
| COLUMBIA PIPELINES HOLDING COMPANY LLC                        | COLUMBIA PIPELINES HOLDING CO LLC                  | CUSIP: 19828AAF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $148965.82    | 0.03%             | 2032-11-17      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| COMERICA BANK                                                 | COMERICA BANK                                      | CUSIP: 200339EX3<br>LEI: 70WY0ID1N53Q4254VH70 | Long             | DBT              | CORP              | US        |    375000 | PA      | $376580.90    | 0.08%             | 2033-08-25      | Fixed         | 5.33%                 | No            | 2                  | On Loan: No      |
| COMM MORTGAGE TRUST                                           | COMM 2024 WCL1 MORTGAGE TRUST                      | CUSIP: 20047DAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    350000 | PA      | $349562.50    | 0.07%             | 2041-06-15      | Floating      | 5.50%                 | Yes           | 2                  | On Loan: No      |
| COMMERCIAL METALS COMPANY                                     | COMMERCIAL METALS CO                               | CUSIP: 201723AV5<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74925.81     | 0.02%             | 2035-12-15      | Fixed         | 6.00%                 | Yes           | 2                  | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                           | CONNECTICUT AVENUE SECURITIES TRUST 2022 R02       | CUSIP: 20754BAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    142648 | PA      | $144423.98    | 0.03%             | 2042-01-25      | Floating      | 6.65%                 | Yes           | 2                  | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                           | CONNECTICUT AVENUE SECURITIES TRUST 2024 R05       | CUSIP: 20754XAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     87085 | PA      | $87384.21     | 0.02%             | 2044-07-25      | Floating      | 5.35%                 | Yes           | 2                  | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                           | CONNECTICUT AVENUE SECURITIES TRUST 2024 R03       | CUSIP: 207941AB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $100906.00    | 0.02%             | 2044-03-25      | Floating      | 5.60%                 | Yes           | 2                  | On Loan: No      |
| CONSOLIDATED EDISON COMPANY OF NEW YORK, INC.                 | CONSOLIDATED EDISON CO OF NEW YORK INC             | CUSIP: 209111FF5<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    220000 | PA      | $181343.76    | 0.04%             | 2054-12-01      | Fixed         | 4.62%                 | No            | 2                  | On Loan: No      |
| COREVEST AMERICAN FINANCE                                     | COREVEST AMERICAN FINANCE 2020 3 TRUST             | CUSIP: 21873CAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      5292 | PA      | $5265.19      | 0.00%             | 2053-08-15      | Fixed         | 1.36%                 | Yes           | 2                  | On Loan: No      |
| COREWEAVE, INC.                                               | COREWEAVE INC                                      | CUSIP: 21873SAC2<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |    225000 | PA      | $223573.40    | 0.05%             | 2031-02-01      | Fixed         | 9.00%                 | Yes           | 2                  | On Loan: No      |
| CORE SCIENTIFIC FINANCE I LLC                                 | CORE SCIENTIFIC FINANCE I LLC                      | CUSIP: 21874LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     85000 | PA      | $84787.86     | 0.02%             | 2031-05-15      | Fixed         | 7.75%                 | Yes           | 2                  | On Loan: No      |
| Corporacion Nacional del Cobre de Chile                       | CORP NACIONAL DEL COBRE DE CHILE                   | CUSIP: 21987BAT5<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |    250000 | PA      | $237643.66    | 0.05%             | 2043-10-18      | Fixed         | 5.62%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association 2                    | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 21H020659<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    600000 | PA      | $493529.86    | 0.11%             | 2056-05-20      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2                    | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 21H022655<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    700000 | PA      | $599495.11    | 0.13%             | 2056-05-20      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2                    | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 21H030658<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    500000 | PA      | $445224.39    | 0.10%             | 2056-05-20      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2                    | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 21H032654<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    100000 | PA      | $90378.91     | 0.02%             | 2056-05-20      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2                    | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 21H040657<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    200000 | PA      | $186582.15    | 0.04%             | 2056-05-20      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2                    | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 21H042653<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    300000 | PA      | $289265.63    | 0.06%             | 2056-05-20      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2                    | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 21H050656<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    700000 | PA      | $693868.78    | 0.15%             | 2056-05-20      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2                    | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 21H052652<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    700000 | PA      | $704919.06    | 0.15%             | 2056-05-20      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2                    | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 21H062651<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    400000 | PA      | $417804.92    | 0.09%             | 2056-05-20      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| COUSINS PROPERTIES LP                                         | COUSINS PROPERTIES LP                              | CUSIP: 222793AD3<br>LEI: 254900ZQIHJ5FQH4C329 | Long             | DBT              | CORP              | US        |    115000 | PA      | $111290.20    | 0.02%             | 2033-03-01      | Fixed         | 4.88%                 | No            | 2                  | On Loan: No      |
| CREDIT AGRICOLE SA                                            | CREDIT AGRICOLE SA                                 | CUSIP: 22535WAU1<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    285000 | PA      | $279175.97    | 0.06%             | 2037-01-12      | Fixed         | 5.26%                 | Yes           | 2                  | On Loan: No      |
| CROCKETT PARTNERS EQUIPMENT COMPANY IIA LLC                   | CROCKETT PARTNERS EQUIPMENT CO IIA LLC             | CUSIP: 22689LAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    129545 | PA      | $130901.85    | 0.03%             | 2031-01-20      | Fixed         | 6.05%                 | Yes           | 2                  | On Loan: No      |
| CUMMINS INC.                                                  | CUMMINS INC                                        | CUSIP: 231021BA3<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | DBT              | CORP              | US        |    229000 | PA      | $233925.92    | 0.05%             | 2035-05-09      | Fixed         | 5.30%                 | No            | 2                  | On Loan: No      |
| DWIGHT ISSUER LLC                                             | DWIGHT 2025 FL1 ISSUER LLC                         | CUSIP: 233636AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    310000 | PA      | $310775.19    | 0.07%             | 2042-09-18      | Floating      | 5.33%                 | Yes           | 2                  | On Loan: No      |
| DAIMLER TRUCK FINANCE NORTH AMERICA LLC                       | DAIMLER TRUCK FINANCE NORTH AMERICA LLC            | CUSIP: 233853BH2<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149209.22    | 0.03%             | 2030-10-12      | Fixed         | 4.65%                 | Yes           | 2                  | On Loan: No      |
| DAIMLER TRUCK FINANCE NORTH AMERICA LLC                       | DAIMLER TRUCK FINANCE NORTH AMERICA LLC            | CUSIP: 233853BK5<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148089.57    | 0.03%             | 2029-01-12      | Fixed         | 4.15%                 | Yes           | 2                  | On Loan: No      |
| DANAOS CORPORATION                                            | DANAOS CORP                                        | CUSIP: 23585WAC8<br>LEI: 734IM3DNDNT36T7YTD24 | Long             | DBT              | CORP              | MH        |    125000 | PA      | $128387.88    | 0.03%             | 2032-10-15      | Fixed         | 6.88%                 | Yes           | 2                  | On Loan: No      |
| DARDEN RESTAURANTS, INC.                                      | DARDEN RESTAURANTS INC                             | CUSIP: 237194AN5<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | DBT              | CORP              | US        |    289000 | PA      | $310257.21    | 0.07%             | 2033-10-10      | Fixed         | 6.30%                 | No            | 2                  | On Loan: No      |
| DATABANK ISSUER, LLC                                          | DATABANK ISSUER                                    | CUSIP: 23802WAN1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    170000 | PA      | $167091.32    | 0.04%             | 2054-01-26      | Variable      | 5.30%                 | Yes           | 2                  | On Loan: No      |
| DEERE & COMPANY                                               | DEERE CO                                           | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |      5322 | NS      | $3139288.14   | 0.67%             |  |  |  | No            | 1                  | On Loan: No      |
| DELL EQUIPMENT FINANCE TRUST                                  | DELL EQUIPMENT FINANCE TRUST 2024 1                | CUSIP: 24702GAL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $100829.22    | 0.02%             | 2030-09-23      | Fixed         | 6.12%                 | Yes           | 2                  | On Loan: No      |
| DENTSPLY SIRONA INC.                                          | DENTSPLY SIRONA INC                                | CUSIP: 24906PAB5<br>LEI: 9NHEHR1SOZCYXDO8HO28 | Long             | DBT              | CORP              | US        |    259000 | PA      | $260388.50    | 0.06%             | 2055-09-12      | Fixed         | 8.38%                 | No            | 2                  | On Loan: No      |
| DEUTSCHE BANK AG NEW YORK BRANCH                              | DEUTSCHE BANK AG NEW YORK NY                       | CUSIP: 251526DD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $147619.85    | 0.03%             | 2031-12-10      | Fixed         | 4.47%                 | No            | 2                  | On Loan: No      |
| DEUTSCHE BANK AG NEW YORK BRANCH                              | DEUTSCHE BANK AG NEW YORK NY                       | CUSIP: 25160PAS6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $149832.65    | 0.03%             | 2032-04-14      | Fixed         | 5.06%                 | No            | 2                  | On Loan: No      |
| DIGITAL REALTY TRUST, INC.                                    | DIGITAL REALTY TRUST INC                           | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |     18685 | NS      | $3754563.90   | 0.80%             |  |  |  | No            | 1                  | On Loan: No      |
| DOLLAR TREE, INC.                                             | DOLLAR TREE INC                                    | CUSIP: 256746AJ7<br>LEI: 549300PMSTQITB1WHR43 | Long             | DBT              | CORP              | US        |    335000 | PA      | $298963.80    | 0.06%             | 2031-12-01      | Fixed         | 2.65%                 | No            | 2                  | On Loan: No      |
| DRIVE AUTO RECEIVABLES TRUST                                  | DRIVE AUTO RECEIVABLES TRUST                       | CUSIP: 262102AF3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $403909.88    | 0.09%             | 2032-09-15      | Fixed         | 5.41%                 | No            | 2                  | On Loan: No      |
| Duke Energy Carolinas, LLC                                    | DUKE ENERGY CAROLINAS LLC                          | CUSIP: 26442CAU8<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    250000 | PA      | $192071.71    | 0.04%             | 2048-03-15      | Fixed         | 3.95%                 | No            | 2                  | On Loan: No      |
| ERP OPERATING LIMITED PARTNERSHIP                             | ERP OPERATING LP                                   | CUSIP: 26884ABQ5<br>LEI: DX5HQV5MLU50FEWZ5072 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75662.34     | 0.02%             | 2032-06-15      | Fixed         | 4.95%                 | No            | 2                  | On Loan: No      |
| RADIAN GUARANTY INC AND EAGLE RE LTD                          | EAGLE RE 2023 1 LTD                                | CUSIP: 26982EAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    210000 | PA      | $214742.24    | 0.05%             | 2033-09-26      | Floating      | 7.60%                 | Yes           | 2                  | On Loan: No      |
| EBAY INC.                                                     | EBAY INC                                           | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |     55577 | NS      | $5751107.96   | 1.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Element Fleet Management Corp.                                | ELEMENT FLEET MANAGEMENT CORP                      | CUSIP: 286181AM4<br>LEI: 5493000PGBS1C22ELQ16 | Long             | DBT              | CORP              | CA        |     55000 | PA      | $55540.91     | 0.01%             | 2027-03-13      | Fixed         | 5.64%                 | Yes           | 2                  | On Loan: No      |
| Element Fleet Management Corp.                                | ELEMENT FLEET MANAGEMENT CORP                      | CUSIP: 286181AP7<br>LEI: 5493000PGBS1C22ELQ16 | Long             | DBT              | CORP              | CA        |    305000 | PA      | $308238.50    | 0.07%             | 2030-03-25      | Fixed         | 5.04%                 | Yes           | 2                  | On Loan: No      |
| Element Fleet Management Corp.                                | ELEMENT FLEET MANAGEMENT CORP                      | CUSIP: 286181AR3<br>LEI: 5493000PGBS1C22ELQ16 | Long             | DBT              | CORP              | CA        |     85000 | PA      | $84362.58     | 0.02%             | 2030-11-24      | Fixed         | 4.64%                 | Yes           | 2                  | On Loan: No      |
| EMERSON ELECTRIC CO.                                          | EMERSON ELECTRIC CO                                | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |     28204 | NS      | $3960969.76   | 0.85%             |  |  |  | No            | 1                  | On Loan: No      |
| Enbridge Inc.                                                 | ENBRIDGE INC                                       | CUSIP: 29250NBT1<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    165000 | PA      | $187953.27    | 0.04%             | 2084-01-15      | Fixed         | 8.50%                 | No            | 2                  | On Loan: No      |
| Enbridge Inc.                                                 | ENBRIDGE INC                                       | CUSIP: 29250NCF0<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    120000 | PA      | $128304.24    | 0.03%             | 2054-06-27      | Fixed         | 7.20%                 | No            | 2                  | On Loan: No      |
| Enbridge Inc.                                                 | ENBRIDGE INC                                       | CUSIP: 29250NCG8<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    120000 | PA      | $126881.52    | 0.03%             | 2055-03-15      | Fixed         | 7.38%                 | No            | 2                  | On Loan: No      |
| Enbridge Inc.                                                 | ENBRIDGE INC                                       | CUSIP: 29250NCK9<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    205000 | PA      | $209481.30    | 0.04%             | 2035-06-20      | Fixed         | 5.55%                 | No            | 2                  | On Loan: No      |
| ENEL Finance International N.V.                               | ENEL FINANCE INTERNATIONAL NV                      | CUSIP: 29278GBH0<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |    305000 | PA      | $296852.73    | 0.06%             | 2035-09-30      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| ENERFLEX INC                                                  | ENERFLEX INC                                       | CUSIP: 29281WAA6<br>LEI: 549300SQCOV1LC1GBK07 | Long             | DBT              | CORP              | US        |     40000 | PA      | $41208.12     | 0.01%             | 2031-01-15      | Fixed         | 6.88%                 | Yes           | 2                  | On Loan: No      |
| ENTERGY LOUISIANA, LLC                                        | ENTERGY LOUISIANA LLC                              | CUSIP: 29364WBM9<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |    209000 | PA      | $214556.04    | 0.05%             | 2034-03-15      | Fixed         | 5.35%                 | No            | 2                  | On Loan: No      |
| ENTERGY TEXAS, INC.                                           | ENTERGY TEXAS INC                                  | CUSIP: 29365TAQ7<br>LEI: LWXX58X12AJXISQ28573 | Long             | DBT              | CORP              | US        |     60000 | PA      | $60541.29     | 0.01%             | 2035-04-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Eversource Energy                                             | EVERSOURCE ENERGY                                  | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |     49840 | NS      | $3523688.00   | 0.75%             |  |  |  | No            | 1                  | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST                           | EXETER AUTOMOBILE RECEIVABLES TRUST 2024 3         | CUSIP: 30165AAF2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    230000 | PA      | $234309.05    | 0.05%             | 2030-09-16      | Fixed         | 5.98%                 | No            | 2                  | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST                           | EXETER AUTOMOBILE RECEIVABLES TRUST 2024 5         | CUSIP: 30165BAG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    190000 | PA      | $191002.61    | 0.04%             | 2031-02-18      | Fixed         | 5.06%                 | No            | 2                  | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST                           | EXETER AUTOMOBILE RECEIVABLES TRUST 2024 4         | CUSIP: 30166UAF7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    780000 | PA      | $795069.99    | 0.17%             | 2030-12-16      | Fixed         | 5.81%                 | No            | 2                  | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST                           | EXETER AUTOMOBILE RECEIVABLES TRUST                | CUSIP: 30166XAF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    390000 | PA      | $393486.17    | 0.08%             | 2031-10-15      | Fixed         | 5.57%                 | No            | 2                  | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST                           | EXETER AUTOMOBILE RECEIVABLES TRUST 2023 5         | CUSIP: 30168DAF3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $411680.76    | 0.09%             | 2030-02-15      | Fixed         | 7.13%                 | No            | 2                  | On Loan: No      |
| FIGRE TRUST                                                   | FIGRE TRUST 2025 HE1                               | CUSIP: 30191LAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    243902 | PA      | $245914.73    | 0.05%             | 2055-01-25      | Variable      | 5.83%                 | Yes           | 2                  | On Loan: No      |
| FIGRE TRUST                                                   | FIGRE TRUST 2025 HE8                               | CUSIP: 30191WAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    133983 | PA      | $133634.83    | 0.03%             | 2055-11-25      | Variable      | 5.21%                 | Yes           | 2                  | On Loan: No      |
| EXPEDIA GROUP, INC.                                           | EXPEDIA GROUP INC                                  | CUSIP: 30212PBM6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    310000 | PA      | $303473.27    | 0.06%             | 2036-04-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| FREMF MORTGAGE TRUST                                          | FREMF 2018 KW04 TRUST                              | CUSIP: 30296MAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $232479.30    | 0.05%             | 2028-09-25      | Variable      | 3.93%                 | Yes           | 2                  | On Loan: No      |
| FREMF MORTGAGE TRUST                                          | FREMF 2017 KW03 MORTGAGE TRUST                     | CUSIP: 30302YAN7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $98844.20     | 0.02%             | 2027-07-25      | Variable      | 4.06%                 | Yes           | 2                  | On Loan: No      |
| FREMF MORTGAGE TRUST                                          | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 30314CAG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    105511 | PA      | $99918.84     | 0.02%             | 2029-07-25      | Floating      | 6.16%                 | Yes           | 2                  | On Loan: No      |
| FS RIALTO ISSUER, LTD.                                        | FS RIALTO ISSUER LTD                               | CUSIP: 30340KAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    240000 | PA      | $240000.00    | 0.05%             | 2030-02-01      | Floating      | 5.05%                 | Yes           | 2                  | On Loan: No      |
| FARMERS EXCHANGE CAPITAL III                                  | FARMERS EXCHANGE CAPITAL III                       | CUSIP: 30958QAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $226521.45    | 0.05%             | 2054-10-15      | Fixed         | 5.45%                 | Yes           | 2                  | On Loan: No      |
| FARMERS INSURANCE EXCHANGE                                    | FARMERS INSURANCE EXCHANGE                         | CUSIP: 309601AE2<br>LEI: 549300UWG2TLX1GZVT44 | Long             | DBT              | CORP              | US        |    385000 | PA      | $319065.37    | 0.07%             | 2057-11-01      | Fixed         | 4.75%                 | Yes           | 2                  | On Loan: No      |
| FARMERS INSURANCE EXCHANGE                                    | FARMERS INSURANCE EXCHANGE                         | CUSIP: 309601AG7<br>LEI: 549300UWG2TLX1GZVT44 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149055.93    | 0.03%             | 2064-10-15      | Fixed         | 7.00%                 | Yes           | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3128M5RA0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      2257 | PA      | $2369.16      | 0.00%             | 2038-01-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3128M6SA7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      4948 | PA      | $5187.90      | 0.00%             | 2038-10-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31292H3K8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      2655 | PA      | $2755.05      | 0.00%             | 2033-10-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132D9QY3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    992967 | PA      | $826332.21    | 0.18%             | 2042-03-01      | Fixed         | 1.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DNP56<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    129576 | PA      | $132457.48    | 0.03%             | 2049-07-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DP6J2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     38166 | PA      | $34352.42     | 0.01%             | 2050-08-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DPTT5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    117459 | PA      | $125200.46    | 0.03%             | 2053-02-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DQMA1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     75745 | PA      | $78555.33     | 0.02%             | 2053-04-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DQN36<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     46753 | PA      | $41795.94     | 0.01%             | 2052-08-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DSC34<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    333743 | PA      | $321265.01    | 0.07%             | 2042-10-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DSC42<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      9777 | PA      | $9695.08      | 0.00%             | 2047-03-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DSC59<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      6212 | PA      | $6287.90      | 0.00%             | 2040-05-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DSC67<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     14299 | PA      | $14473.21     | 0.00%             | 2044-03-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DSCY6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      4636 | PA      | $4704.47      | 0.00%             | 2039-01-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DSDA7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     71842 | PA      | $64811.31     | 0.01%             | 2046-12-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DSDC3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     64468 | PA      | $60220.92     | 0.01%             | 2046-12-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DSDD1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     67805 | PA      | $62996.71     | 0.01%             | 2048-03-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DTEC0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     82774 | PA      | $74340.23     | 0.02%             | 2052-09-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DWKP7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    124314 | PA      | $127114.07    | 0.03%             | 2054-02-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132WMM50<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      7883 | PA      | $7511.76      | 0.00%             | 2047-04-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132XUZP3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      6224 | PA      | $5648.13      | 0.00%             | 2047-11-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133BULG0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     16951 | PA      | $17701.93     | 0.00%             | 2053-01-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133C64M8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     55550 | PA      | $55884.10     | 0.01%             | 2053-07-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133C84A0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     77778 | PA      | $82196.03     | 0.02%             | 2053-08-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133CQ4L6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     29423 | PA      | $31196.62     | 0.01%             | 2054-08-01      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133CQE43<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     69684 | PA      | $72588.60     | 0.02%             | 2054-07-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133CQE50<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |         0 | PA      | $0.02         | 0.00%             | 2054-07-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133CQEY7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     85662 | PA      | $88979.22     | 0.02%             | 2054-07-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133CQEZ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |         0 | PA      | $0.02         | 0.00%             | 2054-07-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133CRCS0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |         0 | PA      | $0.02         | 0.00%             | 2054-07-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133CRFW8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |         0 | PA      | $0.02         | 0.00%             | 2054-08-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133CRTD5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |         0 | PA      | $0.01         | 0.00%             | 2054-08-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133CSFT3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     91338 | PA      | $95187.41     | 0.02%             | 2054-08-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133CSKZ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    138731 | PA      | $146801.76    | 0.03%             | 2054-08-01      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133CSML2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    504597 | PA      | $516080.20    | 0.11%             | 2054-08-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133CSMN8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |         0 | PA      | $0.01         | 0.00%             | 2054-08-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133CUJ23<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      6194 | PA      | $6555.61      | 0.00%             | 2054-08-01      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133CUQ25<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      9862 | PA      | $10467.98     | 0.00%             | 2054-08-01      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FREDDIE MAC POOL                                   | CUSIP: 3133CVA87<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |         0 | PA      | $0.02         | 0.00%             | 2054-09-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FREDDIE MAC POOL                                   | CUSIP: 3133CVA95<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |         0 | PA      | $0.01         | 0.00%             | 2054-09-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133CVB29<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |         0 | PA      | $0.01         | 0.00%             | 2054-09-01      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FREDDIE MAC POOL                                   | CUSIP: 3133CVBG8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     69232 | PA      | $70744.53     | 0.02%             | 2054-09-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FREDDIE MAC POOL                                   | CUSIP: 3133CVBH6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |         0 | PA      | $0.01         | 0.00%             | 2054-09-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FREDDIE MAC POOL                                   | CUSIP: 3133CVEM2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      6931 | PA      | $7112.57      | 0.00%             | 2054-09-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FREDDIE MAC POOL                                   | CUSIP: 3133CVEU4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      7623 | PA      | $7908.57      | 0.00%             | 2054-09-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133CVJQ8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      8212 | PA      | $8477.96      | 0.00%             | 2054-09-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133CWDE9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     81815 | PA      | $83628.61     | 0.02%             | 2054-10-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133KL2H9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    579728 | PA      | $492508.13    | 0.11%             | 2051-05-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133KN6N8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     95699 | PA      | $80668.06     | 0.02%             | 2052-04-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133KQDQ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |         0 | PA      | $0.03         | 0.00%             | 2052-11-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133KQQA7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    132712 | PA      | $134058.97    | 0.03%             | 2053-02-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133W7W84<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |         0 | PA      | $0.01         | 0.00%             | 2054-02-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133WCBY9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |         0 | PA      | $0.01         | 0.00%             | 2054-05-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3136B6KY8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     35331 | PA      | $5136.82      | 0.00%             | 2039-10-25      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3136BCLK4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     52875 | PA      | $10941.17     | 0.00%             | 2050-11-25      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3136BDU63<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    278120 | PA      | $48865.72     | 0.01%             | 2050-11-25      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3136BHF87<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |         0 | PA      | $0.00         | 0.00%             | 2051-07-25      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3136BJVT9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     57514 | PA      | $12954.80     | 0.00%             | 2051-11-25      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31371HM62<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1651 | PA      | $1672.12      | 0.00%             | 2029-04-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31371KN49<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3807 | PA      | $3947.37      | 0.00%             | 2032-05-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31371KR29<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       402 | PA      | $411.50       | 0.00%             | 2032-08-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31371NDQ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      4420 | PA      | $4558.07      | 0.00%             | 2037-05-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31374TYD5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        72 | PA      | $73.22        | 0.00%             | 2029-09-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 3137AAED1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      9429 | PA      | $9342.88      | 0.00%             | 2041-05-15      | Floating      | 4.15%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 3137ATFZ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     76176 | PA      | $10852.98     | 0.00%             | 2042-08-15      | Floating      | 2.80%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 3137BQUM7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     68088 | PA      | $8119.05      | 0.00%             | 2045-09-15      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 3137F8M83<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     81251 | PA      | $16865.87     | 0.00%             | 2050-12-25      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 3137FUPG3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |         0 | PA      | $0.00         | 0.00%             | 2050-06-25      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 3137FV4S8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     63109 | PA      | $13105.90     | 0.00%             | 2050-05-25      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31383LNP6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1339 | PA      | $1388.21      | 0.00%             | 2029-07-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3138WMHQ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     13101 | PA      | $11573.02     | 0.00%             | 2043-03-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3138WPWG5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      9888 | PA      | $8711.64      | 0.00%             | 2043-04-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3138X3EE8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      4281 | PA      | $3758.22      | 0.00%             | 2043-08-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3138XHAB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    153805 | PA      | $149008.84    | 0.03%             | 2043-12-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3138XZSU6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     16458 | PA      | $14232.89     | 0.00%             | 2045-04-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3138YGW81<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     10483 | PA      | $9111.08      | 0.00%             | 2045-04-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3138YTJ88<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     16306 | PA      | $15934.49     | 0.00%             | 2030-10-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31390UYD2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3150 | PA      | $3265.54      | 0.00%             | 2032-09-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31391F5M6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1540 | PA      | $1596.65      | 0.00%             | 2032-10-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31395B2T9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     11495 | PA      | $11372.40     | 0.00%             | 2036-04-25      | Floating      | 4.06%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FANNIE MAE REMICS                                  | CUSIP: 31396LLX6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      9102 | PA      | $9022.78      | 0.00%             | 2036-11-25      | Floating      | 4.08%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FANNIE MAE REMICS                                  | CUSIP: 31396XWP5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      4955 | PA      | $4941.78      | 0.00%             | 2037-09-25      | Floating      | 4.31%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31397UTT6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     32164 | PA      | $31917.13     | 0.01%             | 2041-07-25      | Floating      | 4.21%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31402RRS0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     15529 | PA      | $15937.78     | 0.00%             | 2035-10-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31403CS85<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3835 | PA      | $3912.68      | 0.00%             | 2033-12-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31404KVC3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1510 | PA      | $1517.81      | 0.00%             | 2034-03-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31406ELQ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3176 | PA      | $3254.46      | 0.00%             | 2034-12-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31407YES4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5478 | PA      | $5646.88      | 0.00%             | 2035-12-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31408DQK3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      7814 | PA      | $8057.78      | 0.00%             | 2035-12-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31408E7G1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      6548 | PA      | $6907.68      | 0.00%             | 2036-01-01      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140A0A82<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    121838 | PA      | $127204.33    | 0.03%             | 2053-09-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140AHQW5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     68920 | PA      | $69387.43     | 0.01%             | 2054-07-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140AMHP9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     63504 | PA      | $65295.52     | 0.01%             | 2054-08-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140AMHU8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     33206 | PA      | $34623.17     | 0.01%             | 2054-08-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140AMHX2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    124836 | PA      | $130636.97    | 0.03%             | 2054-08-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140AMRG8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5519 | PA      | $5800.78      | 0.00%             | 2054-09-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140ANQF9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     67614 | PA      | $70662.44     | 0.02%             | 2054-09-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140ANQG7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     59061 | PA      | $61705.95     | 0.01%             | 2054-09-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140AQ2H4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     68702 | PA      | $72041.34     | 0.02%             | 2054-09-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140AQ2J0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     63219 | PA      | $66049.44     | 0.01%             | 2054-09-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140AQTM4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     77944 | PA      | $79762.61     | 0.02%             | 2054-09-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140AQTN2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     96701 | PA      | $99310.94     | 0.02%             | 2054-09-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140AQTP7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    100458 | PA      | $102801.25    | 0.02%             | 2054-09-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140AQZT2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     98859 | PA      | $101018.74    | 0.02%             | 2054-09-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140AQZV7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    101996 | PA      | $104749.61    | 0.02%             | 2054-09-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140AQZW5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     96396 | PA      | $98617.32     | 0.02%             | 2054-09-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140ASN20<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     72605 | PA      | $73537.42     | 0.02%             | 2054-10-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140ASPD4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     78528 | PA      | $80590.82     | 0.02%             | 2054-10-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140AWUT4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     81156 | PA      | $81752.67     | 0.02%             | 2054-12-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140AWZE2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |         0 | PA      | $0.02         | 0.00%             | 2054-12-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140AWZU6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     81850 | PA      | $82544.98     | 0.02%             | 2055-01-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140B4HT0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     94006 | PA      | $95335.64     | 0.02%             | 2055-03-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140BF2U8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    323663 | PA      | $335722.85    | 0.07%             | 2055-07-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140BK2H6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     92495 | PA      | $94992.69     | 0.02%             | 2055-08-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140E6KT8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      8781 | PA      | $7574.84      | 0.00%             | 2045-08-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140FXFQ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     73190 | PA      | $62312.71     | 0.01%             | 2057-02-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140J5SF7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     31549 | PA      | $28642.50     | 0.01%             | 2047-04-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140J9KV2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     72895 | PA      | $72280.28     | 0.02%             | 2043-09-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140JNUZ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5265 | PA      | $4872.38      | 0.00%             | 2049-02-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140LW6A0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     62467 | PA      | $66097.83     | 0.01%             | 2053-03-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140M9KX4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     87414 | PA      | $74802.60     | 0.02%             | 2051-12-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140MGL41<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |         0 | PA      | $0.02         | 0.00%             | 2052-02-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140MJF83<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     12837 | PA      | $11751.58     | 0.00%             | 2052-04-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NDGZ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     77045 | PA      | $76662.42     | 0.02%             | 2053-04-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NDHF7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     65952 | PA      | $66862.94     | 0.01%             | 2053-04-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NDYR2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     73604 | PA      | $74656.81     | 0.02%             | 2053-04-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NM5Z6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     67746 | PA      | $68706.09     | 0.01%             | 2053-07-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NM6G7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     70594 | PA      | $72443.36     | 0.02%             | 2053-07-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NM6J1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     52485 | PA      | $54094.73     | 0.01%             | 2053-07-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NM6K8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     48533 | PA      | $49617.45     | 0.01%             | 2053-07-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NMLP0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     73663 | PA      | $76395.97     | 0.02%             | 2053-06-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NQDM7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    243881 | PA      | $250366.48    | 0.05%             | 2053-09-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NRG26<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     60800 | PA      | $64143.99     | 0.01%             | 2053-08-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NRJW7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     62908 | PA      | $65696.41     | 0.01%             | 2053-09-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NRPK6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     61076 | PA      | $63750.02     | 0.01%             | 2053-08-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NSAZ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     26640 | PA      | $27813.16     | 0.01%             | 2053-08-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140QKNV6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    645429 | PA      | $555919.53    | 0.12%             | 2051-05-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140QNT44<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     89130 | PA      | $74892.39     | 0.02%             | 2052-03-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140QPTA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    191161 | PA      | $193517.35    | 0.04%             | 2052-07-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140QQ3A1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    213924 | PA      | $216015.40    | 0.05%             | 2052-12-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140QQEH4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    328801 | PA      | $332192.24    | 0.07%             | 2052-09-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140QQK95<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    177874 | PA      | $167408.12    | 0.04%             | 2052-10-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140QR3C5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     72453 | PA      | $75726.04     | 0.02%             | 2053-05-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140QRB69<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    233702 | PA      | $235867.96    | 0.05%             | 2053-01-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140QRCL5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     36561 | PA      | $38150.30     | 0.01%             | 2053-01-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140QRCW1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     14096 | PA      | $14617.67     | 0.00%             | 2053-01-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140W0Q99<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     90033 | PA      | $91279.80     | 0.02%             | 2055-01-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140X4D60<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    158258 | PA      | $148756.10    | 0.03%             | 2049-05-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XGEA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     60769 | PA      | $55228.61     | 0.01%             | 2047-03-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XGFN4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    451378 | PA      | $404358.35    | 0.09%             | 2052-03-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XGR84<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     61135 | PA      | $56044.05     | 0.01%             | 2052-04-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XGXS3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    204614 | PA      | $175099.87    | 0.04%             | 2052-04-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XHXV4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     69804 | PA      | $71598.74     | 0.02%             | 2050-04-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XHZ67<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    197240 | PA      | $196240.17    | 0.04%             | 2052-08-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XJE74<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    135370 | PA      | $138297.22    | 0.03%             | 2050-04-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XLDC9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     62497 | PA      | $64695.42     | 0.01%             | 2053-05-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XLUY2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |         0 | PA      | $0.01         | 0.00%             | 2052-05-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XNN26<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    104695 | PA      | $99277.84     | 0.02%             | 2051-07-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XNN34<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    232163 | PA      | $223482.44    | 0.05%             | 2044-04-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XNN42<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     25835 | PA      | $24517.37     | 0.01%             | 2051-09-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XNN59<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     45014 | PA      | $44633.96     | 0.01%             | 2044-01-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XNNM2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    313917 | PA      | $270220.54    | 0.06%             | 2050-08-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XNNP5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    213587 | PA      | $183966.27    | 0.04%             | 2051-05-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XNNQ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    426733 | PA      | $365840.77    | 0.08%             | 2051-11-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XNNR1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     68325 | PA      | $58502.80     | 0.01%             | 2052-02-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XNNS9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    714795 | PA      | $611766.33    | 0.13%             | 2052-01-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XNNT7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      7425 | PA      | $6792.48      | 0.00%             | 2047-02-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XNNX8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    113051 | PA      | $105874.79    | 0.02%             | 2049-05-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XNPA6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    156742 | PA      | $162872.79    | 0.03%             | 2053-08-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XNPB4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     69534 | PA      | $71305.75     | 0.02%             | 2053-04-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31413UKP3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3150 | PA      | $3302.01      | 0.00%             | 2037-10-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31413YL82<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2458 | PA      | $2576.98      | 0.00%             | 2037-12-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31414DGY6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     50295 | PA      | $51724.74     | 0.01%             | 2038-05-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31416WYP1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     50397 | PA      | $48514.27     | 0.01%             | 2040-10-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31417YZQ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     24644 | PA      | $24880.64     | 0.01%             | 2031-05-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31418CDA9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2522 | PA      | $2297.42      | 0.00%             | 2046-10-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31418CHJ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2009 | PA      | $1819.89      | 0.00%             | 2047-01-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31418E2E9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     43836 | PA      | $44753.89     | 0.01%             | 2054-02-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31418FME4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2599997 | PA      | $2368874.49   | 0.51%             | 2055-07-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31425VTW3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |         0 | PA      | $0.03         | 0.00%             | 2054-12-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31425VUX9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    282749 | PA      | $280893.84    | 0.06%             | 2054-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31425VUY7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |         0 | PA      | $0.01         | 0.00%             | 2054-12-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31425VUZ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     89654 | PA      | $91189.81     | 0.02%             | 2054-12-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31425YPF8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |         0 | PA      | $0.01         | 0.00%             | 2055-01-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31425YYT8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |         0 | PA      | $0.01         | 0.00%             | 2055-01-01      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31426ASG4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     58241 | PA      | $60800.23     | 0.01%             | 2055-02-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31426AX29<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |         0 | PA      | $0.01         | 0.00%             | 2055-01-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31426BT30<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |         0 | PA      | $0.02         | 0.00%             | 2055-02-01      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31426BTZ9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     83290 | PA      | $89199.83     | 0.02%             | 2055-02-01      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31426CG32<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     62944 | PA      | $66621.94     | 0.01%             | 2055-02-01      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31426CMT8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |         0 | PA      | $0.02         | 0.00%             | 2055-02-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31426CMZ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |         0 | PA      | $0.02         | 0.00%             | 2055-02-01      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31426D2F8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     68920 | PA      | $71624.53     | 0.02%             | 2055-03-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31426GV28<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     92535 | PA      | $95885.62     | 0.02%             | 2055-04-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31426TWF0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    329336 | PA      | $341508.07    | 0.07%             | 2055-07-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31426WZY9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     86867 | PA      | $91779.21     | 0.02%             | 2055-08-01      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31427AVE4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     92732 | PA      | $95848.35     | 0.02%             | 2055-09-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31427BFP5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     89847 | PA      | $94452.21     | 0.02%             | 2055-09-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31427BPK5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     97385 | PA      | $101655.54    | 0.02%             | 2055-09-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31427SM21<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    171000 | PA      | $181126.44    | 0.04%             | 2055-11-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31427SM39<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    112000 | PA      | $118632.56    | 0.03%             | 2054-09-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31427SM54<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     79000 | PA      | $83535.81     | 0.02%             | 2055-12-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31427SM62<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    111000 | PA      | $117305.73    | 0.03%             | 2054-10-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31427SM96<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     87000 | PA      | $90824.89     | 0.02%             | 2055-06-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31427SMW5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    158000 | PA      | $168456.00    | 0.04%             | 2055-05-01      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31427SMX3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    262000 | PA      | $277908.39    | 0.06%             | 2055-01-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31427SNC8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    207000 | PA      | $215599.31    | 0.05%             | 2054-09-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31427SNG9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     29000 | PA      | $30778.28     | 0.01%             | 2055-02-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31427SNH7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    147000 | PA      | $153494.31    | 0.03%             | 2054-08-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31427SNJ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     78000 | PA      | $83699.73     | 0.02%             | 2055-10-01      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31427SR83<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     93000 | PA      | $95145.63     | 0.02%             | 2055-04-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31427SSD1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     99000 | PA      | $100005.49    | 0.02%             | 2053-01-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31427SV39<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     70000 | PA      | $73092.44     | 0.02%             | 2054-09-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31427SV54<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     92000 | PA      | $96784.18     | 0.02%             | 2055-10-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31427SV88<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     86000 | PA      | $92491.14     | 0.02%             | 2055-09-01      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31427SV96<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     85000 | PA      | $91159.70     | 0.02%             | 2055-03-01      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31427SVS4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    145000 | PA      | $151111.62    | 0.03%             | 2054-08-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31427SVW5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     57000 | PA      | $60546.51     | 0.01%             | 2055-01-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                   | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31427SVZ8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      6000 | PA      | $6364.34      | 0.00%             | 2055-11-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| FEDERATION DES CAISSES DESJARDINS DU QUEBEC                   | FEDERATION DES CAISSES DESJARDINS DU QUEBEC        | CUSIP: 31429KAL7<br>LEI: 549300B2Q47IR0CR5B54 | Long             | DBT              | CORP              | CA        |    630000 | PA      | $643727.57    | 0.14%             | 2029-04-26      | Fixed         | 5.25%                 | Yes           | 2                  | On Loan: No      |
| FERGUSON ENTERPRISES INC.                                     | FERGUSON ENTERPRISES INC                           | CUSIP: 31488V107<br>LEI: 2138003JYQMRP3SLX189 | Long             | EC               | CORP              | US        |     19313 | NS      | $5170283.23   | 1.11%             |  |  |  | No            | 1                  | On Loan: No      |
| FIDELITY NATIONAL INFORMATION SERVICES, INC.                  | FIDELITY NATIONAL INFORMATION SERVICES INC         | CUSIP: 31620MCE4<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |     70000 | PA      | $69625.91     | 0.01%             | 2031-03-10      | Fixed         | 4.80%                 | No            | 2                  | On Loan: No      |
| FIGRE TRUST                                                   | FIGRE TRUST 2024 HE6                               | CUSIP: 31684DAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    484603 | PA      | $487570.53    | 0.10%             | 2054-12-25      | Variable      | 5.72%                 | Yes           | 2                  | On Loan: No      |
| FIGRE TRUST                                                   | FIGRE TRUST 2024 HE3                               | CUSIP: 31684GAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    298155 | PA      | $300887.49    | 0.06%             | 2054-07-25      | Fixed         | 5.94%                 | Yes           | 2                  | On Loan: No      |
| FIGRE TRUST                                                   | FIGRE TRUST 2025 HE2                               | CUSIP: 31684KAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    112997 | PA      | $113818.93    | 0.02%             | 2055-03-25      | Variable      | 5.78%                 | Yes           | 2                  | On Loan: No      |
| FIGRE TRUST                                                   | FIGRE TRUST 2025 HE5                               | CUSIP: 31684MAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    380637 | PA      | $380211.30    | 0.08%             | 2055-08-25      | Variable      | 5.29%                 | Yes           | 2                  | On Loan: No      |
| CDX CDX NAHYS43V1 5Y                                          | CDX CDX NAHYS43V1 5Y                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |  -1366200 | OU      | $99540.38     | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| FIRST QUANTUM MINERALS LTD.                                   | FIRST QUANTUM MINERALS LTD                         | CUSIP: 335934AU9<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |    270000 | PA      | $281529.81    | 0.06%             | 2031-06-01      | Fixed         | 8.62%                 | Yes           | 2                  | On Loan: No      |
| FLEX LTD.                                                     | FLEX LTD                                           | CUSIP: 33938XAG0<br>LEI: 549300EAQH74YHD07T53 | Long             | DBT              | CORP              | SG        |     85000 | PA      | $84493.72     | 0.02%             | 2035-11-13      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| FOUNDATION FINANCE TRUST                                      | FOUNDATION FINANCE TRUST 2021 1                    | CUSIP: 35041LAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     17468 | PA      | $16671.04     | 0.00%             | 2041-05-15      | Fixed         | 1.27%                 | Yes           | 2                  | On Loan: No      |
| Four Lakes Re Ltd.                                            | FOUR LAKES RE LTD                                  | CUSIP: 35087TAE8<br>LEI: 549300MG4RRU6DT7MN54 | Long             | DBT              | CORP              | BM        |    250000 | PA      | $252575.00    | 0.05%             | 2027-01-07      | Variable      | 9.10%                 | Yes           | 2                  | On Loan: No      |
| FOUNDRY JV HOLDCO LLC                                         | FOUNDRY JV HOLDCO LLC                              | CUSIP: 350930AB9<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    206000 | PA      | $213718.85    | 0.05%             | 2030-01-25      | Fixed         | 5.90%                 | Yes           | 2                  | On Loan: No      |
| Freddie Mac                                                   | FREDDIE MAC MULTIFAMILY STRUCTURED CREDIT RISK     | CUSIP: 35563FAA9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      2989 | PA      | $2983.51      | 0.00%             | 2051-01-25      | Floating      | 5.65%                 | Yes           | 2                  | On Loan: No      |
| Freddie Mac                                                   | FREDDIE MAC MULTIFAMILY STRUCTURED CREDIT RISK     | CUSIP: 35563GAB5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    550000 | PA      | $568475.27    | 0.12%             | 2051-11-25      | Floating      | 7.65%                 | Yes           | 2                  | On Loan: No      |
| FREDDIE MAC SEASONED CREDIT RISK TRANSFER TRUST               | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 35563PHQ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    382909 | PA      | $376650.57    | 0.08%             | 2058-03-25      | Variable      | 4.75%                 | Yes           | 2                  | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                                 | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 35564KJP5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $400993.16    | 0.09%             | 2041-09-25      | Floating      | 5.75%                 | Yes           | 2                  | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                                 | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 35564KKK4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    485000 | PA      | $488445.05    | 0.10%             | 2041-09-25      | Floating      | 7.00%                 | Yes           | 2                  | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                                 | FREDDIE MAC STACR REMIC TRUST 2024 DNA3            | CUSIP: 35564NEY5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    115700 | PA      | $115917.52    | 0.02%             | 2044-10-25      | Floating      | 4.70%                 | Yes           | 2                  | On Loan: No      |
| FREEDOM MORTGAGE HOLDINGS LLC                                 | FREEDOM MORTGAGE HOLDINGS LLC                      | CUSIP: 35641AAB4<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |    185000 | PA      | $191616.34    | 0.04%             | 2031-05-15      | Fixed         | 9.12%                 | Yes           | 2                  | On Loan: No      |
| FREEDOM MORTGAGE HOLDINGS LLC                                 | FREEDOM MORTGAGE HOLDINGS LLC                      | CUSIP: 35641AAC2<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30415.65     | 0.01%             | 2032-04-01      | Fixed         | 8.38%                 | Yes           | 2                  | On Loan: No      |
| FREMF MORTGAGE TRUST                                          | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 35709DAG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    109745 | PA      | $109607.37    | 0.02%             | 2026-06-25      | Floating      | 6.07%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                      | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36176WYC9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     48908 | PA      | $45501.30     | 0.01%             | 2041-11-15      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                      | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36177Q7M9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      6597 | PA      | $6113.07      | 0.00%             | 2042-10-15      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2                    | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36179QGC9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    164205 | PA      | $152826.48    | 0.03%             | 2044-06-20      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2                    | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36179QR29<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      9668 | PA      | $9533.87      | 0.00%             | 2044-10-20      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2                    | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36179QT68<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     18505 | PA      | $18247.41     | 0.00%             | 2044-11-20      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2                    | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36179TCX1<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     90020 | PA      | $83401.34     | 0.02%             | 2047-07-20      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2                    | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36179UCC4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     47218 | PA      | $46415.68     | 0.01%             | 2048-09-20      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2                    | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36179UPB2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     95967 | PA      | $94058.95     | 0.02%             | 2049-03-20      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2                    | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36179UQ62<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     27995 | PA      | $27613.85     | 0.01%             | 2049-04-20      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2                    | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36179W2U1<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    255262 | PA      | $218858.67    | 0.05%             | 2052-04-20      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2                    | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36179W5C8<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    169486 | PA      | $151070.88    | 0.03%             | 2052-05-20      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2                    | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36179WY85<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    173302 | PA      | $142646.41    | 0.03%             | 2052-03-20      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2                    | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36179XDC7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     84329 | PA      | $76902.01     | 0.02%             | 2052-08-20      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2                    | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36179XFK7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     65219 | PA      | $66323.29     | 0.01%             | 2052-09-20      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                      | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36184QTQ7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     14804 | PA      | $14142.72     | 0.00%             | 2045-04-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2                    | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3618N5KX6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    611722 | PA      | $624942.77    | 0.13%             | 2055-04-20      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                      | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36201GWG6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      6732 | PA      | $7024.25      | 0.00%             | 2034-09-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                      | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36201LUV4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      3727 | PA      | $3830.97      | 0.00%             | 2032-06-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                      | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36201TN94<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      8171 | PA      | $8278.96      | 0.00%             | 2033-05-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2                    | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36202C6J7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      4193 | PA      | $4385.46      | 0.00%             | 2028-11-20      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2                    | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36202D3Y5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      5904 | PA      | $6074.89      | 0.00%             | 2034-02-20      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2                    | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 36202DDP3<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       355 | PA      | $361.44       | 0.00%             | 2029-09-20      | Fixed         | 7.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2                    | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36202ESA8<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     92689 | PA      | $94149.20     | 0.02%             | 2038-04-20      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                      | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36202XEG8<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      2546 | PA      | $2567.40      | 0.00%             | 2033-08-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                      | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36209RJJ3<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      1276 | PA      | $1290.95      | 0.00%             | 2030-02-15      | Fixed         | 8.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                      | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3620ASVB2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     87972 | PA      | $83676.27     | 0.02%             | 2041-09-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                      | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36210AMQ7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        41 | PA      | $42.10        | 0.00%             | 2028-08-15      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                      | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36212DJV2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      2745 | PA      | $2794.55      | 0.00%             | 2031-05-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                      | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36213MYE2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      1917 | PA      | $1940.55      | 0.00%             | 2033-10-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                      | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 36225BVX3<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      4269 | PA      | $4399.61      | 0.00%             | 2032-12-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2                    | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3622A25J7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     21321 | PA      | $20866.47     | 0.00%             | 2044-09-20      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                      | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3622A2Q70<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     24714 | PA      | $23621.22     | 0.01%             | 2045-06-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST                           | GS MORTGAGE BACKED SECURITIES TRUST 2022 PJ1       | CUSIP: 36263NAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    251234 | PA      | $206090.73    | 0.04%             | 2052-05-28      | Variable      | 2.50%                 | Yes           | 2                  | On Loan: No      |
| GE HEALTHCARE TECHNOLOGIES INC.                               | GE HEALTHCARE TECHNOLOGIES INC                     | CUSIP: 36266GAC1<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |    110000 | PA      | $111600.52    | 0.02%             | 2035-06-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| GLS AUTO SELECT RECEIVABLES TRUST                             | GLS AUTO SELECT RECEIVABLES TRUST 2024 4           | CUSIP: 36271BAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $100048.52    | 0.02%             | 2031-10-15      | Fixed         | 5.28%                 | Yes           | 2                  | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST                           | GS MORTGAGE BACKED SECURITIES TRUST 2025 CES1      | CUSIP: 36271RAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    151313 | PA      | $151865.59    | 0.03%             | 2055-05-25      | Variable      | 5.57%                 | Yes           | 2                  | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST                           | GS MORTGAGE BACKED SECURITIES TRUST 2025 HE1       | CUSIP: 36272NAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     90793 | PA      | $91019.03     | 0.02%             | 2055-10-25      | Floating      | 5.20%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                      | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36290XZF0<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      5824 | PA      | $5839.42      | 0.00%             | 2033-09-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| GLS AUTO RECEIVABLES TRUST                                    | GLS AUTO RECEIVABLES ISSUER TRUST 2023 4           | CUSIP: 362929AF8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    160000 | PA      | $164513.49    | 0.04%             | 2029-08-15      | Fixed         | 7.18%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                      | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36295QPB0<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     15754 | PA      | $16568.00     | 0.00%             | 2038-09-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST                           | GS MORTGAGE BACKED SECURITIES TRUST 2025 SL1       | CUSIP: 362960AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    182145 | PA      | $183193.80    | 0.04%             | 2067-11-25      | Fixed         | 5.85%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                      | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36296QY29<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     13385 | PA      | $13304.45     | 0.00%             | 2039-05-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| GALILEO RE LTD                                                | GALILEO RE LTD                                     | CUSIP: 36354TAN2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    250000 | PA      | $257600.00    | 0.06%             | 2032-01-07      | Floating      | 10.51%                | Yes           | 2                  | On Loan: No      |
| GE VERNOVA INC.                                               | GE VERNOVA INC                                     | CUSIP: 36828AAB7<br>LEI: 254900DP080RU6OK2553 | Long             | DBT              | CORP              | US        |    120000 | PA      | $118700.58    | 0.03%             | 2036-02-04      | Fixed         | 4.88%                 | No            | 2                  | On Loan: No      |
| GENERAL MOTORS FINANCIAL COMPANY, INC.                        | GENERAL MOTORS FINANCIAL CO INC                    | CUSIP: 37045XDS2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    165000 | PA      | $149264.48    | 0.03%             | 2032-01-12      | Fixed         | 3.10%                 | No            | 2                  | On Loan: No      |
| GENERAL MOTORS FINANCIAL COMPANY, INC.                        | GENERAL MOTORS FINANCIAL CO INC                    | CUSIP: 37045XER3<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     90000 | PA      | $93077.17     | 0.02%             | 2031-02-08      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| GLS AUTO RECEIVABLES TRUST                                    | GLS AUTO RECEIVABLES ISSUER TRUST 2024 2           | CUSIP: 379924AJ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    160000 | PA      | $163735.58    | 0.04%             | 2030-02-15      | Fixed         | 6.19%                 | Yes           | 2                  | On Loan: No      |
| GLS AUTO RECEIVABLES TRUST                                    | GLS AUTO RECEIVABLES ISSUER TRUST 2024 3           | CUSIP: 37989AAL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    530000 | PA      | $535324.70    | 0.11%             | 2031-02-18      | Fixed         | 5.53%                 | Yes           | 2                  | On Loan: No      |
| GLS AUTO RECEIVABLES TRUST                                    | GLS AUTO RECEIVABLES ISSUER TRUST 2025 2           | CUSIP: 37989BAL6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $101414.99    | 0.02%             | 2031-01-15      | Fixed         | 5.59%                 | Yes           | 2                  | On Loan: No      |
| THE GOLDMAN SACHS GROUP, INC.                                 | GOLDMAN SACHS GROUP INC                            | CUSIP: 38141GWZ3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    140000 | PA      | $139099.18    | 0.03%             | 2029-05-01      | Fixed         | 4.22%                 | No            | 2                  | On Loan: No      |
| THE GOLDMAN SACHS GROUP, INC.                                 | GOLDMAN SACHS GROUP INC THE                        | CUSIP: 38141GYN8<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    210000 | PA      | $186944.52    | 0.04%             | 2032-10-21      | Fixed         | 2.65%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                      | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38379U5F9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    709775 | PA      | $21693.85     | 0.00%             | 2058-10-16      | Variable      | 0.59%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                      | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38381N7D4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    231833 | PA      | $51652.96     | 0.01%             | 2050-01-20      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                      | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38382BHB2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    231269 | PA      | $37186.50     | 0.01%             | 2049-12-20      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                      | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38382CAZ4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    191801 | PA      | $2355.68      | 0.00%             | 2050-01-20      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                      | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38382DL31<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    287230 | PA      | $53187.63     | 0.01%             | 2039-12-20      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                      | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38382UTX9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     95936 | PA      | $17352.64     | 0.00%             | 2051-06-20      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                      | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38382WZF7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     65271 | PA      | $10483.75     | 0.00%             | 2051-08-20      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                      | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38382XYK5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    269228 | PA      | $26435.31     | 0.01%             | 2051-08-20      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                      | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38383BZU9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    869881 | PA      | $89403.14     | 0.02%             | 2051-10-20      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                      | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38384AEX7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    196218 | PA      | $39673.76     | 0.01%             | 2050-06-20      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                      | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38384D8H3<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    172527 | PA      | $19518.92     | 0.00%             | 2051-03-20      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                      | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38384JW83<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    224201 | PA      | $21821.08     | 0.00%             | 2051-08-20      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                      | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38385AKF8<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    278090 | PA      | $27775.39     | 0.01%             | 2051-10-20      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| HILT MORTGAGE TRUST                                           | HILT COMMERCIAL MORTGAGE TRUST 2024 ORL            | CUSIP: 403956AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    220000 | PA      | $220000.00    | 0.05%             | 2037-05-15      | Floating      | 5.20%                 | Yes           | 2                  | On Loan: No      |
| HOA ROYALTYCO LLC                                             | HOA ROYALTYCO LLC                                  | CUSIP: 403962AB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    194919 | PA      | $41000.00     | 0.01%             | 2055-11-22      | Fixed         | 4.72%                 | Yes           | 3                  | On Loan: No      |
| ESC GAB 0 08 20 51                                            | ESC GAB 0 08 20 51                                 | CUSIP: 403ESCAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $0.00         | 0.00%             | 2051-08-20      | None          | 0.00%                 | No            | 3                  | On Loan: No      |
| HCA INC.                                                      | HCA INC                                            | CUSIP: 404119DA4<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    180000 | PA      | $184456.21    | 0.04%             | 2032-03-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| HSBC HOLDINGS PLC                                             | HSBC HOLDINGS PLC                                  | CUSIP: 404280CV9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    305000 | PA      | $289265.17    | 0.06%             | 2029-08-17      | Fixed         | 2.21%                 | No            | 2                  | On Loan: No      |
| HSBC HOLDINGS PLC                                             | HSBC HOLDINGS PLC                                  | CUSIP: 404280CY3<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    335000 | PA      | $301093.78    | 0.06%             | 2032-11-22      | Fixed         | 2.87%                 | No            | 2                  | On Loan: No      |
| HSBC HOLDINGS PLC                                             | HSBC HOLDINGS PLC                                  | CUSIP: 404280DU0<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $205598.98    | 0.04%             | 2029-03-09      | Fixed         | 6.16%                 | No            | 2                  | On Loan: No      |
| HSBC HOLDINGS PLC                                             | HSBC HOLDINGS PLC                                  | CUSIP: 404280EN5<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    215000 | PA      | $218928.96    | 0.05%             | 2030-11-19      | Fixed         | 5.29%                 | No            | 2                  | On Loan: No      |
| HSBC HOLDINGS PLC                                             | HSBC HOLDINGS PLC                                  | CUSIP: 404280FB0<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $200845.65    | 0.04%             | 2036-09-10      | Fixed         | 5.74%                 | No            | 2                  | On Loan: No      |
| HSBC HOLDINGS PLC                                             | HSBC HOLDINGS PLC                                  | CUSIP: 404280FM6<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $197253.86    | 0.04%             | 2037-03-10      | Fixed         | 5.28%                 | No            | 2                  | On Loan: No      |
| HTL COMMERCIAL MORTGAGE TRUST                                 | HTL COMMERCIAL MORTGAGE TRUST 2024 T53             | CUSIP: 404300AC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $100823.03    | 0.02%             | 2039-05-10      | Variable      | 6.56%                 | Yes           | 2                  | On Loan: No      |
| HPEFS EQUIPMENT TRUST                                         | HPEFS EQUIPMENT TRUST                              | CUSIP: 40444MAL5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $101148.33    | 0.02%             | 2032-04-20      | Fixed         | 5.82%                 | Yes           | 2                  | On Loan: No      |
| GLANBIA PUBLIC LIMITED COMPANY                                | GLANBIA PLC                                        | CUSIP: N/A<br>LEI: 635400SRMCBHVMSKJS84       | Long             | EC               | CORP              | IE        |    118659 | NS      | $2754653.56   | 0.59%             |  |  |  | No            | 1                  | On Loan: No      |
| HEALTH CARE SERVICE CORP MUT LEG RES CO                       | HEALTH CARE SERVICE CORP A MUTUAL LEGAL RESERVE CO | CUSIP: 42218SAK4<br>LEI: 549300TMJ1FKCKECR148 | Long             | DBT              | CORP              | US        |     80000 | PA      | $81111.83     | 0.02%             | 2029-06-15      | Fixed         | 5.20%                 | Yes           | 2                  | On Loan: No      |
| HERC HOLDINGS INC.                                            | HERC HOLDINGS INC                                  | CUSIP: 42704LAG9<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |     65000 | PA      | $68069.89     | 0.01%             | 2033-06-15      | Fixed         | 7.25%                 | Yes           | 2                  | On Loan: No      |
| HERTZ VEHICLE FINANCING III LLC                               | HERTZ VEHICLE FINANCING III LLC                    | CUSIP: 42806MCN7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    110000 | PA      | $112831.03    | 0.02%             | 2031-01-27      | Fixed         | 6.70%                 | Yes           | 2                  | On Loan: No      |
| HERTZ VEHICLE FINANCING III LLC                               | HERTZ VEHICLE FINANCING III LLC                    | CUSIP: 42806MCR8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $101516.53    | 0.02%             | 2029-01-25      | Fixed         | 6.70%                 | Yes           | 2                  | On Loan: No      |
| HESS MIDSTREAM OPERATIONS LP                                  | HESS MIDSTREAM OPERATION                           | CUSIP: 428102AH0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     45000 | PA      | $45442.22     | 0.01%             | 2028-03-01      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| High Point Re Ltd.                                            | HIGH POINT RE LTD                                  | CUSIP: 429932AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    250000 | PA      | $252825.00    | 0.05%             | 2027-01-06      | Variable      | 9.78%                 | Yes           | 2                  | On Loan: No      |
| Highmark Inc                                                  | HIGHMARK INC                                       | CUSIP: 431116AF9<br>LEI: 549300B6868ZXXEB2Y57 | Long             | DBT              | CORP              | US        |     80000 | PA      | $79388.70     | 0.02%             | 2036-05-15      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| Highwoods Realty Limited Partnership                          | HIGHWOODS REALTY LP                                | CUSIP: 431282AS1<br>LEI: JUJNVZX73BIYHLR58F51 | Long             | DBT              | CORP              | US        |     18000 | PA      | $16670.29     | 0.00%             | 2030-02-15      | Fixed         | 3.05%                 | No            | 2                  | On Loan: No      |
| Highwoods Realty Limited Partnership                          | HIGHWOODS REALTY LP                                | CUSIP: 431282AT9<br>LEI: JUJNVZX73BIYHLR58F51 | Long             | DBT              | CORP              | US        |     19000 | PA      | $16884.35     | 0.00%             | 2031-02-01      | Fixed         | 2.60%                 | No            | 2                  | On Loan: No      |
| Highwoods Realty Limited Partnership                          | HIGHWOODS REALTY LP                                | CUSIP: 431282AV4<br>LEI: JUJNVZX73BIYHLR58F51 | Long             | DBT              | CORP              | US        |     35000 | PA      | $34667.63     | 0.01%             | 2033-01-15      | Fixed         | 5.35%                 | No            | 2                  | On Loan: No      |
| HILCORP ENERGY I, L.P.                                        | HILCORP ENERGY I LP HILCORP FINANCE CO             | CUSIP: 431318BE3<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |    215000 | PA      | $216067.91    | 0.05%             | 2034-05-15      | Fixed         | 6.88%                 | Yes           | 2                  | On Loan: No      |
| HILCORP ENERGY I, L.P.                                        | HILCORP ENERGY I LP HILCORP FINANCE CO             | CUSIP: 431318BG8<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |     90000 | PA      | $91790.16     | 0.02%             | 2035-02-15      | Fixed         | 7.25%                 | Yes           | 2                  | On Loan: No      |
| HILTON GRAND VACATIONS BORROWER LLC                           | HILTON GRAND VACATIONS                             | CUSIP: 43283QAC4<br>LEI: 254900HF0EZ734FDVY79 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151741.20    | 0.03%             | 2032-01-15      | Fixed         | 6.62%                 | Yes           | 2                  | On Loan: No      |
| HOME PARTNERS OF AMERICA TRUST                                | HOME PARTNERS OF AMERICA 2019 1 TRUST              | CUSIP: 43731QAG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    114327 | PA      | $111542.27    | 0.02%             | 2039-09-17      | Fixed         | 3.41%                 | Yes           | 2                  | On Loan: No      |
| HOME PARTNERS OF AMERICA TRUST                                | HOME PARTNERS OF AMERICA 2019 2 TRUST              | CUSIP: 43732TAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    164853 | PA      | $160176.05    | 0.03%             | 2039-10-19      | Fixed         | 3.32%                 | Yes           | 2                  | On Loan: No      |
| HUMANA INC.                                                   | HUMANA INC                                         | CUSIP: 444859CA8<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76024.72     | 0.02%             | 2031-04-15      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| HUNTINGTON BANCSHARES INCORPORATED                            | HUNTINGTON BANCSHARES INC OH                       | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |    324866 | NS      | $5444754.16   | 1.17%             |  |  |  | No            | 1                  | On Loan: No      |
| HUNTINGTON BANCSHARES INCORPORATED                            | HUNTINGTON BANCSHARES INC OH                       | CUSIP: 446150BE3<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |    115000 | PA      | $116888.43    | 0.03%             | 2031-01-15      | Fixed         | 5.27%                 | No            | 2                  | On Loan: No      |
| HUT 8 DC LLC                                                  | HUT 8 DC LLC                                       | CUSIP: 44813DAA4<br>LEI: 2549001DBTVKADI7M690 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100827.65    | 0.02%             | 2042-11-15      | Fixed         | 6.19%                 | Yes           | 2                  | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                       | HYUNDAI CAPITAL AMERICA                            | CUSIP: 44891ACE5<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    285000 | PA      | $294559.42    | 0.06%             | 2030-04-01      | Fixed         | 5.80%                 | Yes           | 2                  | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                       | HYUNDAI CAPITAL AMERICA                            | CUSIP: 44891ACP0<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    125000 | PA      | $131125.70    | 0.03%             | 2030-09-21      | Fixed         | 6.20%                 | Yes           | 2                  | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                       | HYUNDAI CAPITAL AMERICA                            | CUSIP: 44891ADM6<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203329.00    | 0.04%             | 2030-01-08      | Fixed         | 5.30%                 | Yes           | 2                  | On Loan: No      |
| IMS ECUADORIAN MORTGAGE TRUST                                 | IMS ECUADORIAN MORTGAGE 2021 1 TRUST               | CUSIP: 44970EAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    180506 | PA      | $174188.66    | 0.04%             | 2043-08-18      | Variable      | 3.40%                 | Yes           | 2                  | On Loan: No      |
| IMPERIAL FUND MORTGAGE TRUST                                  | IMPERIAL FUND MORTGAGE TRUST 2021 NQM2             | CUSIP: 452761AD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $72998.44     | 0.02%             | 2056-09-25      | Variable      | 2.49%                 | Yes           | 2                  | On Loan: No      |
| IMPERIAL FUND MORTGAGE TRUST                                  | IMPERIAL FUND MORTGAGE TRUST 2021 NQM2             | CUSIP: 452761AE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $75003.58     | 0.02%             | 2056-09-25      | Variable      | 3.29%                 | Yes           | 2                  | On Loan: No      |
| INTEL CORPORATION                                             | INTEL CORP                                         | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |     83415 | NS      | $7881049.20   | 1.69%             |  |  |  | No            | 1                  | On Loan: No      |
| INTEL CORPORATION                                             | INTEL CORP                                         | CUSIP: 458140CS7<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |     95000 | PA      | $94601.20     | 0.02%             | 2036-05-15      | Fixed         | 5.30%                 | No            | 2                  | On Loan: No      |
| INTEGRITY RE LTD                                              | INTEGRITY RE LTD                                   | CUSIP: 45833UAK7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    250000 | PA      | $252750.00    | 0.05%             | 2026-06-06      | Floating      | 16.83%                | Yes           | 2                  | On Loan: No      |
| INTERNATIONAL BUSINESS MACHINES CORPORATION                   | INTERNATIONAL BUSINESS MACHINES CORP               | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |     23093 | NS      | $5334021.14   | 1.14%             |  |  |  | No            | 1                  | On Loan: No      |
| INTUITIVE SURGICAL, INC.                                      | INTUITIVE SURGICAL INC                             | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |      7911 | NS      | $3620152.71   | 0.78%             |  |  |  | No            | 1                  | On Loan: No      |
| INVITATION HOMES OPERATING PARTNERSHIP LP                     | INVITATION HOMES OPERATING PARTNERSHIP LP          | CUSIP: 46188BAH5<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              | CORP              | US        |    105000 | PA      | $103426.76    | 0.02%             | 2033-01-15      | Fixed         | 4.95%                 | No            | 2                  | On Loan: No      |
| ITC HOLDINGS CORP.                                            | ITC HOLDINGS CORP                                  | CUSIP: 465685AT2<br>LEI: 549300HTO5U9D3SLE207 | Long             | DBT              | CORP              | US        |    170000 | PA      | $174788.23    | 0.04%             | 2034-05-09      | Fixed         | 5.65%                 | Yes           | 2                  | On Loan: No      |
| JPMDB COMMERCIAL MORTGAGE SECURITIES TRUST                    | JPMDB COMMERCIAL MORTGAGE SECURITIES TRUST 2018 C8 | CUSIP: 46591ABA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $248304.05    | 0.05%             | 2051-06-15      | Variable      | 4.21%                 | No            | 2                  | On Loan: No      |
| JPMDB COMMERCIAL MORTGAGE SECURITIES TRUST                    | JPMDB COMMERCIAL MORTGAGE SECURITIES TRUST 2018 C8 | CUSIP: 46591ABD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2450000 | PA      | $7131.95      | 0.00%             | 2051-06-15      | Variable      | 0.12%                 | No            | 2                  | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST                                    | JP MORGAN MORTGAGE TRUST 2022 INV1                 | CUSIP: 46592PBG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    113762 | PA      | $95507.01     | 0.02%             | 2051-10-25      | Variable      | 3.04%                 | Yes           | 2                  | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST                                    | JP MORGAN MORTGAGE TRUST 2022 LTV1                 | CUSIP: 465976AD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $174008.85    | 0.04%             | 2052-07-25      | Variable      | 3.51%                 | Yes           | 2                  | On Loan: No      |
| J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST        | JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRU | CUSIP: 46645WAU7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    375000 | PA      | $355305.00    | 0.08%             | 2033-07-05      | Fixed         | 4.25%                 | Yes           | 2                  | On Loan: No      |
| JPMORGAN CHASE & CO.                                          | JPMORGAN CHASE CO                                  | CUSIP: 46647PCR5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    275000 | PA      | $244721.03    | 0.05%             | 2032-11-08      | Fixed         | 2.54%                 | No            | 2                  | On Loan: No      |
| JPMORGAN CHASE & CO.                                          | JPMORGAN CHASE CO                                  | CUSIP: 46647PDC7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     90000 | PA      | $88830.02     | 0.02%             | 2033-04-26      | Fixed         | 4.59%                 | No            | 2                  | On Loan: No      |
| JPMORGAN CHASE & CO.                                          | JPMORGAN CHASE CO                                  | CUSIP: 46647PEA0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    300000 | PA      | $301391.42    | 0.06%             | 2028-01-23      | Fixed         | 5.04%                 | No            | 2                  | On Loan: No      |
| JPMORGAN CHASE & CO.                                          | JPMORGAN CHASE CO                                  | CUSIP: 46647PEH5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    215000 | PA      | $224123.40    | 0.05%             | 2035-04-22      | Fixed         | 5.77%                 | No            | 2                  | On Loan: No      |
| JPMORGAN CHASE & CO.                                          | JPMORGAN CHASE CO                                  | CUSIP: 46647PFK7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98375.90     | 0.02%             | 2037-02-05      | Fixed         | 5.19%                 | No            | 2                  | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST                                    | J P MORGAN MORTGAGE TRUST 2022 8                   | CUSIP: 46655VCG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    629488 | PA      | $574985.24    | 0.12%             | 2053-01-25      | Variable      | 4.69%                 | Yes           | 2                  | On Loan: No      |
| JOHNSONVILLE AERODERIVATIVE COMBUSTION TURBINE GENERATION LLC | JOHNSONVILLE AERODERIVATIVE                        | CUSIP: 479281AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    181534 | PA      | $170049.54    | 0.04%             | 2054-10-01      | Fixed         | 5.08%                 | No            | 2                  | On Loan: No      |
| JPMORGAN CHASE & CO.                                          | JPMORGAN CHASE CO                                  | CUSIP: 48128B523<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EP               | CORP              | US        |     12431 | NS      | $224255.24    | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| KEY COMMERCIAL MORTGAGE SECURITIES TRUST                      | KEY COMMERCIAL MORTGAGE SECURITIES TRUST 2019 S2   | CUSIP: 49307XAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    214385 | PA      | $205566.01    | 0.04%             | 2052-06-15      | Fixed         | 3.47%                 | Yes           | 2                  | On Loan: No      |
| KEYCORP                                                       | KEYCORP                                            | CUSIP: 493267868<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EP               | CORP              | US        |      1984 | NS      | $42417.92     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| KEYCORP                                                       | KEYCORP                                            | CUSIP: 49326EEQ2<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | DBT              | CORP              | US        |    135000 | PA      | $136381.93    | 0.03%             | 2031-04-04      | Fixed         | 5.12%                 | No            | 2                  | On Loan: No      |
| KEYSPAN GAS EAST CORPORATION                                  | KEYSPAN GAS EAST CORP                              | CUSIP: 49338CAD5<br>LEI: K8TS3HOE1568DUBUJL44 | Long             | DBT              | CORP              | US        |    375000 | PA      | $392427.87    | 0.08%             | 2033-03-06      | Fixed         | 5.99%                 | Yes           | 2                  | On Loan: No      |
| KEYSIGHT TECHNOLOGIES, INC.                                   | KEYSIGHT TECHNOLOGIES INC                          | CUSIP: 49338L103<br>LEI: 549300GLKVIO8YRCYN02 | Long             | EC               | CORP              | US        |     21754 | NS      | $7611942.14   | 1.63%             |  |  |  | No            | 1                  | On Loan: No      |
| Samsung Electronics Co., Ltd.                                 | SAMSUNG ELECTRONICS CO LTD                         | CUSIP: 796050888<br>LEI: 9884007ER46L6N7EI764 | Long             |  | CORP              | KR        |      2107 | NS      | $7888608.00   | 1.69%             |  |  |  | No            | 1                  | On Loan: No      |
| KODIAK GAS SERVICES, LLC                                      | KODIAK GAS SERVICES LLC                            | CUSIP: 50012LAF1<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35254.31     | 0.01%             | 2031-04-01      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| KOMATSU FINANCE AMERICA INC.                                  | KOMATSU FINANCE AMERICA INC                        | CUSIP: 50048WAB4<br>LEI: 549300SRAAFEEQ8Z4D68 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196791.30    | 0.04%             | 2030-09-18      | Fixed         | 4.20%                 | Yes           | 2                  | On Loan: No      |
| State of Kuwait                                               | KUWAIT INTERNATIONAL GOVERNMENT BOND               | CUSIP: 501499AF4<br>LEI: 549300FSC1YD0D9XX589 | Long             | DBT              | NUSS              | KW        |    530000 | PA      | $516807.92    | 0.11%             | 2035-10-09      | Fixed         | 4.65%                 | Yes           | 2                  | On Loan: No      |
| LPL HOLDINGS, INC.                                            | LPL HOLDINGS INC                                   | CUSIP: 50212YAJ3<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    120000 | PA      | $121275.11    | 0.03%             | 2027-05-20      | Fixed         | 5.70%                 | No            | 2                  | On Loan: No      |
| LIBERTY MUTUAL INSURANCE COMPANY                              | LIBERTY MUTUAL INSURANCE                           | CUSIP: 53079QAD9<br>LEI: CNC20I6IOMGF7KY49D67 | Long             | DBT              | CORP              | US        |    508000 | PA      | $550610.32    | 0.12%             | 2097-10-15      | Fixed         | 7.70%                 | Yes           | 2                  | On Loan: No      |
| LIBRA SOLUTIONS LLC                                           | LIBRA SOLUTIONS 2024 1 LLC                         | CUSIP: 53161XAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $249241.75    | 0.05%             | 2038-09-30      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| ELI LILLY AND COMPANY                                         | ELI LILLY CO                                       | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      7552 | NS      | $7058099.20   | 1.51%             |  |  |  | No            | 1                  | On Loan: No      |
| ELI LILLY AND COMPANY                                         | ELI LILLY CO                                       | CUSIP: 532457DF2<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73728.10     | 0.02%             | 2055-10-15      | Fixed         | 5.55%                 | No            | 2                  | On Loan: No      |
| LINCOLN FINANCIAL GLOBAL FUNDING                              | LINCOLN FINANCIAL GLOBAL FUNDING                   | CUSIP: 53359KAD3<br>LEI: 984500OC010458395923 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49438.16     | 0.01%             | 2029-01-12      | Fixed         | 4.20%                 | Yes           | 2                  | On Loan: No      |
| LINCOLN NATIONAL CORPORATION                                  | LINCOLN NATIONAL CORP                              | CUSIP: 534187BZ1<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |     55000 | PA      | $53478.06     | 0.01%             | 2035-11-15      | Fixed         | 5.35%                 | No            | 2                  | On Loan: No      |
| LOWE'S COMPANIES, INC.                                        | LOWE S COS INC                                     | CUSIP: 548661EH6<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    280000 | PA      | $265933.29    | 0.06%             | 2032-04-01      | Fixed         | 3.75%                 | No            | 2                  | On Loan: No      |
| MFA TRUST                                                     | MFA 2020 NQM1 TRUST                                | CUSIP: 552754AC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     16187 | PA      | $15738.02     | 0.00%             | 2049-08-25      | Fixed         | 3.30%                 | Yes           | 2                  | On Loan: No      |
| MPLX LP                                                       | MPLX LP                                            | CUSIP: 55336VBX7<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    245000 | PA      | $247995.06    | 0.05%             | 2034-06-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| MPLX LP                                                       | MPLX LP                                            | CUSIP: 55336VCE8<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    135000 | PA      | $132594.39    | 0.03%             | 2036-04-01      | Fixed         | 5.30%                 | No            | 2                  | On Loan: No      |
| MSCI INC.                                                     | MSCI INC                                           | CUSIP: 55354GAR1<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |     70000 | PA      | $68893.54     | 0.01%             | 2035-09-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| MANULIFE FINANCIAL CORPORATION                                | MANULIFE FINANCIAL CORP                            | CUSIP: 56501RAX4<br>LEI: 5493007GBX87QOZACS27 | Long             | DBT              | CORP              | CA        |    115000 | PA      | $113146.32    | 0.02%             | 2035-12-11      | Fixed         | 4.99%                 | No            | 2                  | On Loan: No      |
| MARRIOTT INTERNATIONAL, INC.                                  | MARRIOTT INTERNATIONAL INC MD                      | CUSIP: 571903BL6<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    405000 | PA      | $409818.30    | 0.09%             | 2029-04-15      | Fixed         | 4.90%                 | No            | 2                  | On Loan: No      |
| MARTIN MARIETTA MATERIALS, INC.                               | MARTIN MARIETTA MATERIALS INC                      | CUSIP: 573284BA3<br>LEI: 5299005MZ4WZECVATV08 | Long             | DBT              | CORP              | US        |    145000 | PA      | $145953.28    | 0.03%             | 2034-12-01      | Fixed         | 5.15%                 | No            | 2                  | On Loan: No      |
| MARTIN MARIETTA MATERIALS, INC.                               | MARTIN MARIETTA MATERIALS INC                      | CUSIP: 573284BB1<br>LEI: 5299005MZ4WZECVATV08 | Long             | DBT              | CORP              | US        |    130000 | PA      | $122847.50    | 0.03%             | 2054-12-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| MARVELL TECHNOLOGY, INC.                                      | MARVELL TECHNOLOGY INC                             | CUSIP: 573874104<br>LEI: 254900WVU0BM7ZCJ9E93 | Long             | EC               | CORP              | US        |     27621 | NS      | $4561608.15   | 0.98%             |  |  |  | No            | 1                  | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                              | MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57583UA32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $96557.00     | 0.02%             | 2043-09-01      | Fixed         | 4.84%                 | No            | 2                  | On Loan: No      |
| Mayflower Re Ltd.                                             | MAYFLOWER RE LTD                                   | CUSIP: 57839MAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    250000 | PA      | $250000.00    | 0.05%             | 2030-07-08      | Variable      | 8.52%                 | Yes           | 2                  | On Loan: No      |
| Meiji Yasuda Life Insurance Company                           | MEIJI YASUDA LIFE INSURANCE CO                     | CUSIP: 585270AE1<br>LEI: 549300SLU4LP6YMRLK07 | Long             | DBT              | CORP              | JP        |    495000 | PA      | $504474.30    | 0.11%             | 2055-06-11      | Fixed         | 6.10%                 | Yes           | 2                  | On Loan: No      |
| MELLO MORTGAGE CAPITAL ACCEPTANCE                             | MELLO MORTGAGE CAPITAL ACCEPTANCE 2021 INV2        | CUSIP: 58549XBM4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    285146 | PA      | $234257.94    | 0.05%             | 2051-08-25      | Fixed         | 2.50%                 | Yes           | 2                  | On Loan: No      |
| MERCEDES-BENZ FINANCE NORTH AMERICA LLC                       | MERCEDES BENZ FINANCE NORTH AMERICA LLC            | CUSIP: 58769JAR8<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |    325000 | PA      | $327771.24    | 0.07%             | 2029-01-11      | Fixed         | 4.85%                 | Yes           | 2                  | On Loan: No      |
| MERCHANTS FLEET FUNDING LLC                                   | MERCHANTS FLEET FUNDING LLC                        | CUSIP: 588926AH8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    240000 | PA      | $242010.53    | 0.05%             | 2037-04-20      | Fixed         | 6.18%                 | Yes           | 2                  | On Loan: No      |
| MERCHANTS FLEET FUNDING LLC                                   | MERCHANTS FLEET FUNDING LLC                        | CUSIP: 588926AJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    220000 | PA      | $222496.14    | 0.05%             | 2037-04-20      | Fixed         | 6.85%                 | Yes           | 2                  | On Loan: No      |
| MERCHANTS FLEET FUNDING LLC                                   | MERCHANTS FLEET FUNDING LLC                        | CUSIP: 588926AL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    110000 | PA      | $110107.00    | 0.02%             | 2039-01-20      | Fixed         | 4.49%                 | Yes           | 2                  | On Loan: No      |
| Merna Re II Ltd.                                              | MERNA REINSURANCE II LTD                           | CUSIP: 59013MAJ1<br>LEI: 549300478X5RX87PYX60 | Long             | DBT              | CORP              | BM        |    250000 | PA      | $253650.00    | 0.05%             | 2030-07-07      | Variable      | 13.35%                | Yes           | 2                  | On Loan: No      |
| METHANEX US OPERATIONS INC.                                   | METHANEX US OPERATIONS INC                         | CUSIP: 59151LAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    214000 | PA      | $220215.84    | 0.05%             | 2032-03-15      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| METLIFE, INC.                                                 | METLIFE INC                                        | CUSIP: 59156RCR7<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    120000 | PA      | $118376.36    | 0.03%             | 2056-03-15      | Fixed         | 5.85%                 | No            | 2                  | On Loan: No      |
| MICROSOFT CORPORATION                                         | MICROSOFT CORP                                     | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     37509 | NS      | $15295420.02  | 3.28%             |  |  |  | No            | 1                  | On Loan: No      |
| MICROCHIP TECHNOLOGY INCORPORATED                             | MICROCHIP TECHNOLOGY INC                           | CUSIP: 595017BL7<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |    195000 | PA      | $196977.72    | 0.04%             | 2030-02-15      | Fixed         | 5.05%                 | No            | 2                  | On Loan: No      |
| MISSION LANE CREDIT CARD MASTER TRUST                         | MISSION LANE CREDIT CARD MASTER TRUST              | CUSIP: 60510MBE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    230000 | PA      | $230521.48    | 0.05%             | 2030-01-15      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| MISSION LANE CREDIT CARD MASTER TRUST                         | MISSION LANE CREDIT CARD MASTER TRUST              | CUSIP: 60510MBF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    150000 | PA      | $150472.31    | 0.03%             | 2030-01-15      | Fixed         | 6.32%                 | Yes           | 2                  | On Loan: No      |
| MISSOURI ST HEALTH & EDL FACS AUTH EDL FACS REV               | HEALTH EDUCATIONAL FACILITIES AUTHORITY OF THE S   | CUSIP: 60636AEE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $78374.00     | 0.02%             | 2047-02-15      | Fixed         | 3.69%                 | No            | 2                  | On Loan: No      |
| Mitsubishi UFJ Financial Group, Inc.                          | MITSUBISHI UFJ FINANCIAL GROUP INC                 | CUSIP: 606822CB8<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $177416.05    | 0.04%             | 2032-10-13      | Fixed         | 2.49%                 | No            | 2                  | On Loan: No      |
| Mondelez International, Inc.                                  | MONDELEZ INTERNATIONAL INC                         | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |    101165 | NS      | $6215577.60   | 1.33%             |  |  |  | No            | 1                  | On Loan: No      |
| MORGAN STANLEY CAPITAL I TRUST                                | MORGAN STANLEY CAPITAL I TRUST 2018 MP             | CUSIP: 61691DAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $281524.08    | 0.06%             | 2040-07-11      | Variable      | 4.42%                 | Yes           | 2                  | On Loan: No      |
| MORGAN STANLEY                                                | MORGAN STANLEY                                     | CUSIP: 61747YFB6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     65000 | PA      | $66961.66     | 0.01%             | 2038-01-19      | Fixed         | 5.95%                 | No            | 2                  | On Loan: No      |
| MORGAN STANLEY                                                | MORGAN STANLEY                                     | CUSIP: 61747YFK6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    175000 | PA      | $177326.21    | 0.04%             | 2030-01-16      | Fixed         | 5.17%                 | No            | 2                  | On Loan: No      |
| MORGAN STANLEY                                                | MORGAN STANLEY                                     | CUSIP: 61747YFM2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    180000 | PA      | $185333.30    | 0.04%             | 2039-02-07      | Fixed         | 5.94%                 | No            | 2                  | On Loan: No      |
| MORGAN STANLEY                                                | MORGAN STANLEY                                     | CUSIP: 61747YFP5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     70000 | PA      | $70784.17     | 0.02%             | 2028-04-13      | Fixed         | 5.65%                 | No            | 2                  | On Loan: No      |
| MORGAN STANLEY                                                | MORGAN STANLEY                                     | CUSIP: 61762V861<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EP               | CORP              | US        |      8198 | NS      | $142809.16    | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| MOSAIC SOLAR LOAN TRUST                                       | MOSAIC SOLAR LOAN TRUST 2019 2                     | CUSIP: 61945LAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     26996 | PA      | $23874.77     | 0.01%             | 2040-09-20      | Fixed         | 2.88%                 | Yes           | 2                  | On Loan: No      |
| MOSAIC SOLAR LOAN TRUST                                       | MOSAIC SOLAR LOAN TRUST 2020 1                     | CUSIP: 61946NAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     59967 | PA      | $52801.28     | 0.01%             | 2046-04-20      | Fixed         | 2.10%                 | Yes           | 2                  | On Loan: No      |
| MOTOROLA SOLUTIONS, INC.                                      | MOTOROLA SOLUTIONS INC                             | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |      9219 | NS      | $4047417.57   | 0.87%             |  |  |  | No            | 1                  | On Loan: No      |
| MUTUAL OF OMAHA COMPANIES GLOBAL FUNDING                      | MUTUAL OF OMAHA COS GLOBAL FUNDING                 | CUSIP: 62829D2F6<br>LEI: 635400AL5J3F1ZPTAN95 | Long             | DBT              | CORP              | US        |    155000 | PA      | $156500.91    | 0.03%             | 2030-04-01      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| MUTUAL OF OMAHA COMPANIES GLOBAL FUNDING                      | MUTUAL OF OMAHA COS GLOBAL FUNDING                 | CUSIP: 62829D2H2<br>LEI: 635400AL5J3F1ZPTAN95 | Long             | DBT              | CORP              | US        |    265000 | PA      | $261687.21    | 0.06%             | 2031-01-13      | Fixed         | 4.55%                 | Yes           | 2                  | On Loan: No      |
| MYSTIC RE IV LTD                                              | MYSTIC RE IV LTD                                   | CUSIP: 62865LAE7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    250000 | PA      | $250975.00    | 0.05%             | 2031-01-08      | Variable      | 16.36%                | Yes           | 2                  | On Loan: No      |
| NMEF FUNDING LLC                                              | NMEF FUNDING 2022 B LLC                            | CUSIP: 62890MAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $100865.10    | 0.02%             | 2029-06-15      | Fixed         | 8.54%                 | Yes           | 2                  | On Loan: No      |
| NMEF FUNDING LLC                                              | NMEF FUNDING 2024 A LLC                            | CUSIP: 62919UAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    230000 | PA      | $234314.92    | 0.05%             | 2031-12-15      | Fixed         | 6.33%                 | Yes           | 2                  | On Loan: No      |
| NGPL PIPECO LLC                                               | NGPL PIPECO LLC                                    | CUSIP: 62928CAA0<br>LEI: 549300K3NT1HSQFEM073 | Long             | DBT              | CORP              | US        |    180000 | PA      | $165136.28    | 0.04%             | 2031-07-15      | Fixed         | 3.25%                 | Yes           | 2                  | On Loan: No      |
| NRG ENERGY, INC.                                              | NRG ENERGY INC                                     | CUSIP: 629377DG4<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    167000 | PA      | $166369.00    | 0.04%             | 2036-05-15      | Fixed         | 6.12%                 | Yes           | 2                  | On Loan: No      |
| Nationwide Building Society                                   | NATIONWIDE BUILDING SOCIETY                        | CUSIP: 63861VAK3<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |    355000 | PA      | $361070.86    | 0.08%             | 2029-07-29      | Fixed         | 5.13%                 | Yes           | 2                  | On Loan: No      |
| NATWEST GROUP PLC                                             | NATWEST GROUP PLC                                  | CUSIP: 639057AP3<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    210000 | PA      | $217578.72    | 0.05%             | 2034-06-01      | Fixed         | 6.47%                 | No            | 2                  | On Loan: No      |
| NELNET PRIVATE EDUCATION LOAN TRUST                           | NELNET STUDENT LOAN TRUST 2021 A                   | CUSIP: 64035DAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    150000 | PA      | $135544.13    | 0.03%             | 2062-04-20      | Fixed         | 2.85%                 | Yes           | 2                  | On Loan: No      |
| NETAPP, INC.                                                  | NETAPP INC                                         | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |     22129 | NS      | $2451229.33   | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| NETFLIX, INC.                                                 | NETFLIX INC                                        | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     50544 | NS      | $4731423.84   | 1.01%             |  |  |  | No            | 1                  | On Loan: No      |
| NIPPON LIFE INSURANCE COMPANY                                 | NIPPON LIFE INSURANCE CO                           | CUSIP: 654579AH4<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |    270000 | PA      | $241441.02    | 0.05%             | 2051-01-21      | Fixed         | 2.75%                 | Yes           | 2                  | On Loan: No      |
| NIPPON LIFE INSURANCE COMPANY                                 | NIPPON LIFE INSURANCE CO                           | CUSIP: 654579AK7<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $177357.69    | 0.04%             | 2051-09-16      | Fixed         | 2.90%                 | Yes           | 2                  | On Loan: No      |
| Nomura Holdings, Inc.                                         | NOMURA HOLDINGS INC                                | CUSIP: 65535HBA6<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |    445000 | PA      | $401273.77    | 0.09%             | 2032-01-22      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| NORTHERN TRUST CORPORATION                                    | NORTHERN TRUST CORP                                | CUSIP: 665859AZ7<br>LEI: 549300GLF98S992BC502 | Long             | DBT              | CORP              | US        |     85000 | PA      | $83224.59     | 0.02%             | 2040-11-19      | Fixed         | 5.12%                 | No            | 2                  | On Loan: No      |
| CONTINENTAL FINANCE CREDIT CARD ABS LLC                       | CONTINENTAL FINANCE CREDIT CARD ABS MASTER TRUST   | CUSIP: 66981PAQ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $100646.19    | 0.02%             | 2032-12-15      | Fixed         | 5.78%                 | Yes           | 2                  | On Loan: No      |
| NOVARTIS CAPITAL CORPORATION                                  | NOVARTIS CAPITAL CORP                              | CUSIP: 66989HBH0<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |    115000 | PA      | $114196.79    | 0.02%             | 2033-03-18      | Fixed         | 4.60%                 | No            | 2                  | On Loan: No      |
| NOVELIS CORPORATION                                           | NOVELIS CORP                                       | CUSIP: 670001AN6<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |     88000 | PA      | $88369.34     | 0.02%             | 2033-08-15      | Fixed         | 6.38%                 | Yes           | 2                  | On Loan: No      |
| NVIDIA CORPORATION                                            | NVIDIA CORP                                        | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |      4551 | NS      | $908243.07    | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| OAK-EAGLE ACQUIRECO, INC.                                     | OAK EAGLE ACQUIRECO INC                            | CUSIP: 67124CAA1<br>LEI: 6488ICS9P20290MA1H31 | Long             | DBT              | CORP              | US        |     35000 | PA      | $36064.56     | 0.01%             | 2033-07-01      | Fixed         | 7.25%                 | Yes           | 2                  | On Loan: No      |
| OLD NATIONAL BANCORP                                          | OLD NATIONAL BANCORP IN                            | CUSIP: 68003DAA3<br>LEI: 549300MMK90CL5KMVX16 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24953.05     | 0.01%             | 2036-02-15      | Fixed         | 5.77%                 | No            | 2                  | On Loan: No      |
| OMNICOM GROUP INC.                                            | OMNICOM GROUP INC                                  | CUSIP: 681919BW5<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | DBT              | CORP              | US        |    280000 | PA      | $274708.74    | 0.06%             | 2033-06-02      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| ONEMAIN FINANCE CORP                                          | ONEMAIN FINANCE CORP                               | CUSIP: 682691AA8<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    305000 | PA      | $280544.64    | 0.06%             | 2030-09-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| ONEMAIN FINANCE CORP                                          | ONEMAIN FINANCE CORP                               | CUSIP: 682691AL4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9996.52      | 0.00%             | 2030-05-15      | Fixed         | 6.12%                 | No            | 2                  | On Loan: No      |
| OCWEN LOAN INVESTMENT TRUST                                   | ONITY LOAN INVESTMENT TRUST 2024 HB2               | CUSIP: 68278DAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    140000 | PA      | $138158.01    | 0.03%             | 2037-08-25      | Variable      | 5.00%                 | Yes           | 2                  | On Loan: No      |
| ORACLE CORPORATION                                            | ORACLE CORP                                        | CUSIP: 68389XDR3<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    244000 | PA      | $204381.36    | 0.04%             | 2055-09-26      | Fixed         | 5.95%                 | No            | 2                  | On Loan: No      |
| ORACLE CORPORATION                                            | ORACLE CORP                                        | CUSIP: 68389XEB7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    715000 | PA      | $658945.70    | 0.14%             | 2056-02-04      | Fixed         | 6.70%                 | No            | 2                  | On Loan: No      |
| ORACLE CORPORATION                                            | ORACLE CORP                                        | CUSIP: 68389XEC5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    185000 | PA      | $169976.46    | 0.04%             | 2066-02-04      | Fixed         | 6.85%                 | No            | 2                  | On Loan: No      |
| ORANGE SA                                                     | ORANGE SA                                          | CUSIP: 685218AE9<br>LEI: 969500MCOONR8990S771 | Long             | DBT              | CORP              | FR        |    205000 | PA      | $202408.34    | 0.04%             | 2033-01-13      | Fixed         | 4.75%                 | Yes           | 2                  | On Loan: No      |
| ORANGE SA                                                     | ORANGE SA                                          | CUSIP: 685218AF6<br>LEI: 969500MCOONR8990S771 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $195657.45    | 0.04%             | 2036-01-13      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| THE PNC FINANCIAL SERVICES GROUP, INC.                        | PNC FINANCIAL SERVICES GROUP INC THE               | CUSIP: 693475BV6<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |     65000 | PA      | $65416.01     | 0.01%             | 2028-01-21      | Fixed         | 5.30%                 | No            | 2                  | On Loan: No      |
| THE PNC FINANCIAL SERVICES GROUP, INC.                        | PNC FINANCIAL SERVICES GROUP INC THE               | CUSIP: 693475CF0<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |     55000 | PA      | $53939.41     | 0.01%             | 2041-01-25      | Fixed         | 5.42%                 | No            | 2                  | On Loan: No      |
| PRMI SECURITIZATION TRUST                                     | PRMI SECURITIZATION TRUST 2021 1                   | CUSIP: 69359DBV4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    519208 | PA      | $423056.16    | 0.09%             | 2051-04-25      | Variable      | 2.47%                 | Yes           | 2                  | On Loan: No      |
| PAGAYA AI DEBT GRANTOR TRUST                                  | PAGAYA AI DEBT GRANTOR TRUST 2024 10               | CUSIP: 69544MAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     36339 | PA      | $36443.22     | 0.01%             | 2032-06-15      | Fixed         | 5.18%                 | Yes           | 2                  | On Loan: No      |
| PENSKE TRUCK LEASING CO., L.P.                                | PENSKE TRUCK LEASING CO LP                         | CUSIP: 709599BN3<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | DBT              | CORP              | US        |     98000 | PA      | $97802.76     | 0.02%             | 2027-07-01      | Fixed         | 4.40%                 | Yes           | 2                  | On Loan: No      |
| PENSKE TRUCK LEASING CO., L.P.                                | PENSKE TRUCK LEASING CO LP                         | CUSIP: 709599BT0<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | DBT              | CORP              | US        |    255000 | PA      | $259047.67    | 0.06%             | 2028-05-01      | Fixed         | 5.55%                 | Yes           | 2                  | On Loan: No      |
| PENSKE TRUCK LEASING CO., L.P.                                | PENSKE TRUCK LEASING CO LP                         | CUSIP: 709599BW3<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35996.35     | 0.01%             | 2028-08-01      | Fixed         | 6.05%                 | Yes           | 2                  | On Loan: No      |
| Republica del Peru                                            | PERUVIAN GOVERNMENT INTERNATIONAL BOND             | CUSIP: 715638FC1<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    355000 | PA      | $357786.75    | 0.08%             | 2036-03-30      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Republic of the Philippines                                   | PHILIPPINE GOVERNMENT INTERNATIONAL BOND           | CUSIP: 718286BW6<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    200000 | PA      | $195679.14    | 0.04%             | 2037-01-13      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| PHILLIPS 66                                                   | PHILLIPS 66                                        | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |     27454 | NS      | $4918384.10   | 1.05%             |  |  |  | No            | 1                  | On Loan: No      |
| PHILLIPS 66 COMPANY                                           | PHILLIPS 66 CO                                     | CUSIP: 718547AH5<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |    400000 | PA      | $395608.59    | 0.08%             | 2028-03-01      | Fixed         | 3.75%                 | No            | 2                  | On Loan: No      |
| VICTORY PIONEER ILS INTERVAL FUND                             | VICTORY PIONEER ILS INTERVAL FUND                  | CUSIP: 72369L107<br>LEI: N/A                  | Long             |  | RF                | US        |    162647 | NS      | $1680142.98   | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| PRESTIGE AUTO RECEIVABLES TRUST                               | PRESTIGE AUTO RECEIVABLES TRUST 2024 2             | CUSIP: 74113SAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    140000 | PA      | $139050.20    | 0.03%             | 2030-07-15      | Fixed         | 5.15%                 | Yes           | 2                  | On Loan: No      |
| PRESTIGE AUTO RECEIVABLES TRUST                               | PRESTIGE AUTO RECEIVABLES TRUST 2025 1             | CUSIP: 74113UAJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    120000 | PA      | $119880.24    | 0.03%             | 2031-07-15      | Fixed         | 6.02%                 | Yes           | 2                  | On Loan: No      |
| PRIMERICA, INC.                                               | PRIMERICA INC                                      | CUSIP: 74164MAB4<br>LEI: 254900621R686KJR7022 | Long             | DBT              | CORP              | US        |     79000 | PA      | $71092.27     | 0.02%             | 2031-11-19      | Fixed         | 2.80%                 | No            | 2                  | On Loan: No      |
| THE PROCTER & GAMBLE COMPANY                                  | PROCTER GAMBLE CO THE                              | CUSIP: 742718GP8<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |    330000 | PA      | $325142.83    | 0.07%             | 2032-11-03      | Fixed         | 4.10%                 | No            | 2                  | On Loan: No      |
| PROVIDENT FUNDING MORTGAGE LOAN TRUST                         | PROVIDENT FUNDING MORTGAGE TRUST 2021 2            | CUSIP: 74388JAQ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    233130 | PA      | $189188.09    | 0.04%             | 2051-04-25      | Fixed         | 2.25%                 | Yes           | 2                  | On Loan: No      |
| PRUDENTIAL FINANCIAL, INC.                                    | PRUDENTIAL FINANCIAL INC                           | CUSIP: 74432QCC7<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    163000 | PA      | $161995.38    | 0.03%             | 2028-03-27      | Fixed         | 3.88%                 | No            | 2                  | On Loan: No      |
| PRUDENTIAL FINANCIAL, INC.                                    | PRUDENTIAL FINANCIAL INC                           | CUSIP: 74432QCJ2<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    305000 | PA      | $231144.65    | 0.05%             | 2040-03-10      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED                  | PUBLIC SERVICE ENTERPRISE GROUP INC                | CUSIP: 744573BB1<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | DBT              | CORP              | US        |     80000 | PA      | $80808.67     | 0.02%             | 2035-03-15      | Fixed         | 5.40%                 | No            | 2                  | On Loan: No      |
| PUGET ENERGY, INC.                                            | PUGET ENERGY INC                                   | CUSIP: 745310AK8<br>LEI: SYBSJ96YIDMIUY7WDR33 | Long             | DBT              | CORP              | US        |    133000 | PA      | $129038.19    | 0.03%             | 2030-06-15      | Fixed         | 4.10%                 | No            | 2                  | On Loan: No      |
| PUGET ENERGY, INC.                                            | PUGET ENERGY INC                                   | CUSIP: 745310AM4<br>LEI: SYBSJ96YIDMIUY7WDR33 | Long             | DBT              | CORP              | US        |    205000 | PA      | $195884.83    | 0.04%             | 2028-06-15      | Fixed         | 2.38%                 | No            | 2                  | On Loan: No      |
| PUGET ENERGY, INC.                                            | PUGET ENERGY INC                                   | CUSIP: 745310AN2<br>LEI: SYBSJ96YIDMIUY7WDR33 | Long             | DBT              | CORP              | US        |    120000 | PA      | $114596.59    | 0.02%             | 2032-03-15      | Fixed         | 4.22%                 | No            | 2                  | On Loan: No      |
| QNITY ELECTRONICS, INC.                                       | QNITY ELECTRONICS INC                              | CUSIP: 74743LAA8<br>LEI: 254900RSUG4J9TFFZX53 | Long             | DBT              | CORP              | US        |     70000 | PA      | $70673.47     | 0.02%             | 2032-08-15      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| QNITY ELECTRONICS, INC.                                       | QNITY ELECTRONICS INC                              | CUSIP: 74743LAB6<br>LEI: 254900RSUG4J9TFFZX53 | Long             | DBT              | CORP              | US        |     70000 | PA      | $71618.82     | 0.02%             | 2033-08-15      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| QUALCOMM INCORPORATED                                         | QUALCOMM INC                                       | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     21097 | NS      | $3788599.26   | 0.81%             |  |  |  | No            | 1                  | On Loan: No      |
| RCKT MORTGAGE TRUST                                           | RCKT MORTGAGE TRUST 2021 3                         | CUSIP: 74938DBB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    267285 | PA      | $219424.43    | 0.05%             | 2051-07-25      | Fixed         | 2.50%                 | Yes           | 2                  | On Loan: No      |
| RMF PROPRIETARY ISSUANCE TRUST                                | RMF PROPRIETARY ISSUANCE TRUST 2019 1              | CUSIP: 74968RAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     27411 | PA      | $26430.70     | 0.01%             | 2063-10-25      | Variable      | 2.75%                 | Yes           | 2                  | On Loan: No      |
| RADNOR RE/ESSENT                                              | RADNOR RE 2023 1 LTD                               | CUSIP: 75050KAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     14893 | PA      | $14928.53     | 0.00%             | 2033-07-25      | Floating      | 6.35%                 | Yes           | 2                  | On Loan: No      |
| Ralliant Corp                                                 | RALLIANT CORP                                      | CUSIP: 750940108<br>LEI: 52990024QKO4DYT8N464 | Long             | EC               | CORP              | US        |    139384 | NS      | $6333608.96   | 1.36%             |  |  |  | No            | 1                  | On Loan: No      |
| REACH ABS TRUST                                               | REACH ABS TRUST 2026 1                             | CUSIP: 75526XAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     88531 | PA      | $88505.49     | 0.02%             | 2033-02-15      | Fixed         | 4.32%                 | Yes           | 2                  | On Loan: No      |
| READYCAP LENDING SMALL BUSINESS LOAN TRUST                    | READYCAP LENDING SMALL BUSINESS LOAN TRUST 2023 3  | CUSIP: 75576AAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    110856 | PA      | $112520.67    | 0.02%             | 2048-04-25      | Floating      | 6.82%                 | Yes           | 2                  | On Loan: No      |
| Regal Rexnord Corporation                                     | REGAL REXNORD CORP                                 | CUSIP: 758750AN3<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |    125000 | PA      | $130799.89    | 0.03%             | 2030-02-15      | Fixed         | 6.30%                 | No            | 2                  | On Loan: No      |
| REGIONAL MANAGEMENT ISSUANCE TRUST                            | REGIONAL MANAGEMENT ISSUANCE TRUST 2024 2          | CUSIP: 75907AAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    130000 | PA      | $130451.91    | 0.03%             | 2033-12-15      | Fixed         | 5.11%                 | Yes           | 2                  | On Loan: No      |
| RELIANCE, INC.                                                | RELIANCE INC                                       | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |      9273 | NS      | $3361462.50   | 0.72%             |  |  |  | No            | 1                  | On Loan: No      |
| Residential Reinsurance 2023 Limited                          | RESIDENTIAL REINSURANCE 2023 LTD                   | CUSIP: 76090WAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    250000 | PA      | $259025.00    | 0.06%             | 2030-12-06      | Variable      | 9.42%                 | Yes           | 2                  | On Loan: No      |
| Residential Reinsurance 2024 Limited                          | RESIDENTIAL REINSURANCE 2004 LTD                   | CUSIP: 76112AAE2<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    250000 | PA      | $255050.00    | 0.05%             | 2028-12-06      | Variable      | 9.05%                 | Yes           | 2                  | On Loan: No      |
| ROCKET COMPANIES, INC.                                        | ROCKET COS INC                                     | CUSIP: 77311WAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    140000 | PA      | $142616.46    | 0.03%             | 2029-08-01      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| ROCKWELL AUTOMATION, INC.                                     | ROCKWELL AUTOMATION INC                            | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | EC               | CORP              | US        |      9081 | NS      | $3713311.71   | 0.80%             |  |  |  | No            | 1                  | On Loan: No      |
| ROPER TECHNOLOGIES, INC.                                      | ROPER TECHNOLOGIES INC                             | CUSIP: 776696AH9<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |    125000 | PA      | $123899.01    | 0.03%             | 2032-02-15      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| ROPER TECHNOLOGIES, INC.                                      | ROPER TECHNOLOGIES INC                             | CUSIP: 776696AJ5<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |    205000 | PA      | $198642.26    | 0.04%             | 2034-10-15      | Fixed         | 4.90%                 | No            | 2                  | On Loan: No      |
| SHELL PLC                                                     | SHELL PLC                                          | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             |  | CORP              | GB        |     56108 | NS      | $5087312.36   | 1.09%             |  |  |  | No            | 1                  | On Loan: No      |
| SCF EQUIPMENT LEASING LLC                                     | SCF EQUIPMENT LEASING 2024 1 LLC                   | CUSIP: 783896AF0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $102514.74    | 0.02%             | 2033-06-21      | Fixed         | 6.58%                 | Yes           | 2                  | On Loan: No      |
| SK hynix Inc.                                                 | SK HYNIX INC                                       | CUSIP: 78392BAH0<br>LEI: 988400XAIK6XISWQV045 | Long             | DBT              | CORP              | KR        |    292000 | PA      | $300075.05    | 0.06%             | 2029-01-16      | Fixed         | 5.50%                 | Yes           | 2                  | On Loan: No      |
| SCF EQUIPMENT LEASING LLC                                     | SCF EQUIPMENT LEASING 2025 2 LLC                   | CUSIP: 78439XAF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $97583.62     | 0.02%             | 2036-06-20      | Fixed         | 5.33%                 | Yes           | 2                  | On Loan: No      |
| SL GREEN REALTY CORP.                                         | SL GREEN REALTY CORP                               | CUSIP: 78440X887<br>LEI: 549300VQZPJU97H3GT17 | Long             | EC               | CORP              | US        |     62143 | NS      | $2635484.63   | 0.56%             |  |  |  | No            | 1                  | On Loan: No      |
| STWD MORTGAGE TRUST                                           | STWD 2022 FL3 LTD                                  | CUSIP: 78485KAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    325000 | PA      | $324998.38    | 0.07%             | 2038-11-15      | Floating      | 5.59%                 | Yes           | 2                  | On Loan: No      |
| Sanders Re III Ltd.                                           | SANDERS RE III LTD                                 | CUSIP: 799927AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    250000 | PA      | $259050.00    | 0.06%             | 2031-04-07      | Variable      | 9.20%                 | Yes           | 2                  | On Loan: No      |
| United States of America                                      | US 10YR ULTRA FUT JUN26                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        77 | NC      | $-178348.71   | -0.04%            |  |  |  | No            | 1                  | On Loan: No      |
| United States of America                                      | ULTRA LONG TERM US TREASURY BOND FUTURE JUN26      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        67 | NC      | $-357376.45   | -0.08%            |  |  |  | No            | 1                  | On Loan: No      |
| United States of America                                      | 30 YEAR US TREASURY BOND FUTURE JUN26              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        15 | NC      | $-62669.72    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| United States of America                                      | 10 YEAR US TREASURY NOTE FUTURE JUN26              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -11 | NC      | $23846.73     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| United States of America                                      | 5 YEAR US TREASURY NOTE FUTURE JUN26               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       226 | NC      | $-301554.86   | -0.06%            |  |  |  | No            | 1                  | On Loan: No      |
| United States of America                                      | 2 YEAR US TREASURY NOTE FUTURE JUN26               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        42 | NC      | $-48992.25    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Santander Holdings USA, Inc.                                  | SANTANDER HOLDINGS USA INC                         | CUSIP: 80282KBC9<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |    195000 | PA      | $192213.91    | 0.04%             | 2028-01-06      | Fixed         | 2.49%                 | No            | 2                  | On Loan: No      |
| Santander Holdings USA, Inc.                                  | SANTANDER HOLDINGS USA INC                         | CUSIP: 80282KBK1<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |     65000 | PA      | $65079.47     | 0.01%             | 2027-05-31      | Fixed         | 6.12%                 | No            | 2                  | On Loan: No      |
| SANTANDER DRIVE AUTO RECEIVABLES TRUST                        | SANTANDER DRIVE AUTO RECEIVABLES TRUST 2024 2      | CUSIP: 80286YAF9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    160000 | PA      | $164382.46    | 0.04%             | 2031-08-15      | Fixed         | 6.28%                 | No            | 2                  | On Loan: No      |
| SANTANDER BANK, N.A.                                          | SANTANDER BANK AUTO CREDIT LINKED NOTES SERIES 202 | CUSIP: 80290CCM4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    133770 | PA      | $135788.76    | 0.03%             | 2032-06-15      | Fixed         | 7.76%                 | Yes           | 2                  | On Loan: No      |
| SANTANDER DRIVE AUTO RECEIVABLES TRUST                        | SANTANDER DRIVE AUTO RECEIVABLES TRUST 2024 4      | CUSIP: 802919AF7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    390000 | PA      | $393000.04    | 0.08%             | 2031-12-15      | Fixed         | 5.32%                 | No            | 2                  | On Loan: No      |
| Kingdom of Saudi Arabia                                       | SAUDI GOVERNMENT INTERNATIONAL BOND                | CUSIP: 80413TBP3<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    320000 | PA      | $316218.46    | 0.07%             | 2029-01-12      | Fixed         | 4.12%                 | Yes           | 2                  | On Loan: No      |
| SEMPRA                                                        | SEMPRA                                             | CUSIP: 816851BV0<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    310000 | PA      | $313184.94    | 0.07%             | 2055-04-01      | Fixed         | 6.55%                 | No            | 2                  | On Loan: No      |
| SEMPRA                                                        | SEMPRA                                             | CUSIP: 816851BW8<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |     60000 | PA      | $60684.72     | 0.01%             | 2056-04-01      | Fixed         | 6.38%                 | No            | 2                  | On Loan: No      |
| SHELL FINANCE US INC.                                         | SHELL FINANCE US INC                               | CUSIP: 822905AQ8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    310000 | PA      | $304526.28    | 0.07%             | 2036-01-06      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| SIMON PROPERTY GROUP, L.P.                                    | SIMON PROPERTY GROUP LP                            | CUSIP: 828807DU8<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              | CORP              | US        |    490000 | PA      | $508872.42    | 0.11%             | 2033-03-08      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| SkyMiles IP Ltd.                                              | DELTA AIR LINES SKYMILES                           | CUSIP: 830867AB3<br>LEI: 2549008L7P4I8VB90936 | Long             | DBT              | CORP              | KY        |     55000 | PA      | $55043.44     | 0.01%             | 2028-10-20      | Fixed         | 4.75%                 | Yes           | 2                  | On Loan: No      |
| SKYWORKS SOLUTIONS, INC.                                      | SKYWORKS SOLUTIONS INC                             | CUSIP: 83088MAL6<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | DBT              | CORP              | US        |    269000 | PA      | $242385.04    | 0.05%             | 2031-06-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Smithfield Foods, Inc.                                        | SMITHFIELD FOODS INC                               | CUSIP: 832248BB3<br>LEI: CVTIPZRZJC0JQEZLL598 | Long             | DBT              | CORP              | US        |      4000 | PA      | $4036.42      | 0.00%             | 2029-04-01      | Fixed         | 5.20%                 | Yes           | 2                  | On Loan: No      |
| Smithfield Foods, Inc.                                        | SMITHFIELD FOODS INC                               | CUSIP: 832248BC1<br>LEI: CVTIPZRZJC0JQEZLL598 | Long             | DBT              | CORP              | US        |    155000 | PA      | $141987.19    | 0.03%             | 2030-10-15      | Fixed         | 3.00%                 | Yes           | 2                  | On Loan: No      |
| Smithfield Foods, Inc.                                        | SMITHFIELD FOODS INC                               | CUSIP: 832248BD9<br>LEI: CVTIPZRZJC0JQEZLL598 | Long             | DBT              | CORP              | US        |    215000 | PA      | $189562.97    | 0.04%             | 2031-09-13      | Fixed         | 2.62%                 | Yes           | 2                  | On Loan: No      |
| SOCIETE GENERALE SA                                           | SOCIETE GENERALE SA                                | CUSIP: 83368RCF7<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    410000 | PA      | $426731.41    | 0.09%             | 2033-04-13      | Fixed         | 6.10%                 | Yes           | 2                  | On Loan: No      |
| SOHO TRUST                                                    | SOHO TRUST 2021 SOHO                               | CUSIP: 83410JAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    125000 | PA      | $104276.71    | 0.02%             | 2038-08-10      | Variable      | 2.70%                 | Yes           | 2                  | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                            | SOUTHERN CALIFORNIA EDISON CO                      | CUSIP: 842400JE4<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     85000 | PA      | $86997.80     | 0.02%             | 2031-06-01      | Fixed         | 5.45%                 | No            | 2                  | On Loan: No      |
| Spire Inc.                                                    | SPIRE INC                                          | CUSIP: 84857LAE1<br>LEI: 549300NXSY15DRY2R511 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50124.05     | 0.01%             | 2056-06-01      | Fixed         | 6.45%                 | No            | 2                  | On Loan: No      |
| SPRINGCASTLE FUNDING ASSET-BACKED NOTES                       | SPRINGCASTLE AMERICA FUNDING LLC                   | CUSIP: 85022WAP9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     31108 | PA      | $29300.34     | 0.01%             | 2037-09-25      | Fixed         | 1.97%                 | Yes           | 2                  | On Loan: No      |
| STARWOOD PROPERTY TRUST, INC.                                 | STARWOOD PROPERTY TRUST INC                        | CUSIP: 85571BBG9<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49951.09     | 0.01%             | 2031-01-15      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| STATE STREET CORPORATION                                      | STATE STREET CORP                                  | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |     45592 | NS      | $6968281.28   | 1.49%             |  |  |  | No            | 1                  | On Loan: No      |
| STATE STREET CORPORATION                                      | STATE STREET CORP                                  | CUSIP: 857477855<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EP               | CORP              | US        |      1265 | NS      | $28158.90     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Sumitomo Mitsui Financial Group, Inc.                         | SUMITOMO MITSUI FINANCIAL GROUP INC                | CUSIP: 86562MED8<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    205000 | PA      | $201849.34    | 0.04%             | 2032-01-15      | Fixed         | 4.49%                 | No            | 2                  | On Loan: No      |
| Sumitomo Mitsui Financial Group, Inc.                         | SUMITOMO MITSUI FINANCIAL GROUP INC                | CUSIP: 86562MEK2<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    190000 | PA      | $185303.44    | 0.04%             | 2041-03-03      | Fixed         | 5.33%                 | No            | 2                  | On Loan: No      |
| SUMITOMO LIFE INSURANCE COMPANY                               | SUMITOMO LIFE INSURANCE CO                         | CUSIP: 86564CAF7<br>LEI: 549300I5OQCDADQSPI57 | Long             | DBT              | CORP              | JP        |    420000 | PA      | $420871.50    | 0.09%             | 2055-09-10      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| SYNCHRONY FINANCIAL                                           | SYNCHRONY FINANCIAL                                | CUSIP: 87165BAV5<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |    110000 | PA      | $112202.08    | 0.02%             | 2030-08-02      | Fixed         | 5.93%                 | No            | 2                  | On Loan: No      |
| SYSCO CORPORATION                                             | SYSCO CORP                                         | CUSIP: 871829BW6<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |    160000 | PA      | $156514.53    | 0.03%             | 2031-07-25      | Fixed         | 4.40%                 | No            | 2                  | On Loan: No      |
| THE TJX COMPANIES, INC.                                       | TJX COS INC                                        | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     47736 | NS      | $7482618.00   | 1.60%             |  |  |  | No            | 1                  | On Loan: No      |
| T-MOBILE USA, INC.                                            | T MOBILE USA INC                                   | CUSIP: 87264ACB9<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    350000 | PA      | $318245.07    | 0.07%             | 2031-02-15      | Fixed         | 2.55%                 | No            | 2                  | On Loan: No      |
| TALEN ENERGY SUPPLY, LLC                                      | TALEN ENERGY SUPPLY LLC                            | CUSIP: 87422VAM0<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |    110000 | PA      | $109179.05    | 0.02%             | 2034-02-01      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| TALEN ENERGY SUPPLY, LLC                                      | TALEN ENERGY SUPPLY LLC                            | CUSIP: 87422VAN8<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |    110000 | PA      | $110416.55    | 0.02%             | 2036-02-01      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| TEACHERS INSURANCE AND ANNUITY ASSOCIATION OF AMERICA         | TEACHERS INSURANCE ANNUITY ASSOCIATION OF AMERIC   | CUSIP: 878091BC0<br>LEI: O06XD7BJ4EPXNABVFN69 | Long             | DBT              | CORP              | US        |     20000 | PA      | $22353.15     | 0.00%             | 2039-12-16      | Fixed         | 6.85%                 | Yes           | 2                  | On Loan: No      |
| TEXAS INSTRUMENTS INCORPORATED                                | TEXAS INSTRUMENTS INC                              | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     27579 | NS      | $7751905.32   | 1.66%             |  |  |  | No            | 1                  | On Loan: No      |
| TOWD POINT MORTGAGE TRUST                                     | TOWD POINT MORTGAGE TRUST 2019 HY1                 | CUSIP: 89177EAF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    140000 | PA      | $144762.56    | 0.03%             | 2048-10-25      | Floating      | 5.92%                 | Yes           | 2                  | On Loan: No      |
| TOYOTA MOTOR CREDIT CORPORATION                               | TOYOTA MOTOR CREDIT CORP                           | CUSIP: 89236TPS8<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    195000 | PA      | $192287.98    | 0.04%             | 2033-03-11      | Fixed         | 4.60%                 | No            | 2                  | On Loan: No      |
| TRANS-ALLEGHENY INTERSTATE LINE COMPANY                       | TRANS ALLEGHENY INTERSTATE LINE CO                 | CUSIP: 893045AF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $50723.81     | 0.01%             | 2031-01-15      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| TRIANGLE RE LTD                                               | TRIANGLE RE 2023 1 LTD                             | CUSIP: 89589AAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     63527 | PA      | $63895.33     | 0.01%             | 2033-11-25      | Floating      | 7.05%                 | Yes           | 2                  | On Loan: No      |
| TRICON AMERICAN HOMES TRUST                                   | TRICON AMERICAN HOMES 2020 SFR2 TRUST              | CUSIP: 89613JAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    120000 | PA      | $114943.21    | 0.02%             | 2039-11-17      | Fixed         | 2.73%                 | Yes           | 2                  | On Loan: No      |
| TRICOLOR AUTO SECURITIZATION TRUST                            | TRICOLOR AUTO SECURITIZATION TRUST 2024 2          | CUSIP: 89616PAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $60950.00     | 0.01%             | 2028-04-17      | Fixed         | 6.93%                 | Yes           | 2                  | On Loan: No      |
| TRICOLOR AUTO SECURITIZATION TRUST                            | TRICOLOR AUTO SECURITIZATION TRUST 2024 3          | CUSIP: 89617AAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $37950.00     | 0.01%             | 2028-12-15      | Fixed         | 5.73%                 | Yes           | 2                  | On Loan: No      |
| Truist Financial Corporation                                  | TRUIST FINANCIAL CORP                              | CUSIP: 89788MAQ5<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    200000 | PA      | $212182.97    | 0.05%             | 2029-10-30      | Fixed         | 7.16%                 | No            | 2                  | On Loan: No      |
| Truist Financial Corporation                                  | TRUIST FINANCIAL CORP                              | CUSIP: 89788MAR3<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |     60000 | PA      | $61395.06     | 0.01%             | 2030-01-24      | Fixed         | 5.43%                 | No            | 2                  | On Loan: No      |
| Truist Financial Corporation                                  | TRUIST FINANCIAL CORP                              | CUSIP: 89788MAW2<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    105000 | PA      | $103958.23    | 0.02%             | 2032-01-27      | Fixed         | 4.60%                 | No            | 2                  | On Loan: No      |
| UBS Group AG                                                  | UBS GROUP AG                                       | CUSIP: 902613AJ7<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    700000 | PA      | $699772.01    | 0.15%             | 2199-12-31      | Fixed         | 4.88%                 | Yes           | 2                  | On Loan: No      |
| UBS Group AG                                                  | UBS GROUP AG                                       | CUSIP: 902613AK4<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    385000 | PA      | $341638.21    | 0.07%             | 2033-02-11      | Fixed         | 2.75%                 | Yes           | 2                  | On Loan: No      |
| U.S. BANCORP                                                  | US BANCORP                                         | CUSIP: 902973734<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EP               | CORP              | US        |      1204 | NS      | $18108.16     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| UWM MORTGAGE TRUST                                            | UWM MORTGAGE TRUST 2021 INV2                       | CUSIP: 90354TAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    675000 | PA      | $456500.21    | 0.10%             | 2051-09-25      | Variable      | 2.50%                 | Yes           | 2                  | On Loan: No      |
| UWM MORTGAGE TRUST                                            | UWM MORTGAGE TRUST 2021 INV1                       | CUSIP: 90354XAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $271536.60    | 0.06%             | 2051-08-25      | Variable      | 2.50%                 | Yes           | 2                  | On Loan: No      |
| ULTA BEAUTY, INC.                                             | ULTA BEAUTY INC                                    | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |      7858 | NS      | $4223517.84   | 0.90%             |  |  |  | No            | 1                  | On Loan: No      |
| UNICREDIT, SOCIETA PER AZIONI                                 | UNICREDIT SPA                                      | CUSIP: 904678AQ2<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |    200000 | PA      | $210993.77    | 0.05%             | 2034-04-02      | Fixed         | 7.30%                 | Yes           | 2                  | On Loan: No      |
| UNICREDIT, SOCIETA PER AZIONI                                 | UNICREDIT SPA                                      | CUSIP: 904678AS8<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |    230000 | PA      | $230479.09    | 0.05%             | 2035-06-30      | Fixed         | 5.46%                 | Yes           | 2                  | On Loan: No      |
| UNITED AIRLINES, INC.                                         | UNITED AIRLINES 2024 1 CLASS A PASS THROUGH TRUST  | CUSIP: 90932WAA1<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    112769 | PA      | $114904.28    | 0.02%             | 2038-08-15      | Fixed         | 5.45%                 | No            | 2                  | On Loan: No      |
| UNITED AIRLINES HOLDINGS, INC.                                | UNITED AIRLINES HOLDINGS INC                       | CUSIP: 910047AL3<br>LEI: 98450079DA0B78DD6764 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39424.56     | 0.01%             | 2031-03-01      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| UNITED AIRLINES HOLDINGS, INC.                                | UNITED AIRLINES HOLDINGS INC                       | CUSIP: 910047AM1<br>LEI: 98450079DA0B78DD6764 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197012.32    | 0.04%             | 2029-03-01      | Fixed         | 4.88%                 | No            | 2                  | On Loan: No      |
| Estados Unidos Mexicanos                                      | MEXICO GOVERNMENT INTERNATIONAL BOND               | CUSIP: 91087BBC3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    205000 | PA      | $216162.25    | 0.05%             | 2037-05-13      | Fixed         | 6.88%                 | No            | 2                  | On Loan: No      |
| Estados Unidos Mexicanos                                      | UNITED MEXICAN STATES                              | CUSIP: 91087BBQ2<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    200000 | PA      | $197434.00    | 0.04%             | 2034-02-09      | Fixed         | 5.62%                 | No            | 2                  | On Loan: No      |
| UNITED RENTALS, INC.                                          | UNITED RENTALS INC                                 | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |      4635 | NS      | $4448858.40   | 0.95%             |  |  |  | No            | 1                  | On Loan: No      |
| U.S. BANCORP                                                  | US BANCORP                                         | CUSIP: 91159HJB7<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    530000 | PA      | $460539.23    | 0.10%             | 2036-11-03      | Fixed         | 2.49%                 | No            | 2                  | On Loan: No      |
| U.S. BANCORP                                                  | US BANCORP                                         | CUSIP: 91159HJQ4<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |     80000 | PA      | $81808.85     | 0.02%             | 2030-01-23      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| United States of America                                      | UNITED STATES TREASURY BILL                        | CUSIP: 912797TL1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  15000000 | PA      | $14994100.05  | 3.21%             | 2026-05-05      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| United States of America                                      | UNITED STATES TREASURY BILL                        | CUSIP: 912797TS6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  22500000 | PA      | $22459603.95  | 4.81%             | 2026-05-19      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| United States of America                                      | U S TREASURY BOND                                  | CUSIP: 912810SC3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5838200 | PA      | $4345810.13   | 0.93%             | 2048-05-15      | Fixed         | 3.12%                 | No            | 2                  | On Loan: No      |
| United States of America                                      | U S TREASURY BOND                                  | CUSIP: 912810UT3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2000000 | PA      | $1910000.00   | 0.41%             | 2046-02-15      | Fixed         | 4.62%                 | No            | 2                  | On Loan: No      |
| United States of America                                      | TREASURY INFLATION INDEX                           | CUSIP: 91282CNS6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1188900 | PA      | $1214093.58   | 0.26%             | 2035-07-15      | Fixed         | 1.88%                 | No            | 2                  | On Loan: No      |
| VRTX TRUST                                                    | VRTX TRUST 2025 HQ                                 | CUSIP: 91835XAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    140000 | PA      | $139131.10    | 0.03%             | 2030-09-05      | Variable      | 5.92%                 | Yes           | 2                  | On Loan: No      |
| VRTX TRUST                                                    | VRTX TRUST 2025 HQ                                 | CUSIP: 91835XAG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    140000 | PA      | $139658.15    | 0.03%             | 2030-09-05      | Variable      | 6.60%                 | Yes           | 2                  | On Loan: No      |
| VALERO ENERGY CORPORATION                                     | VALERO ENERGY CORP                                 | CUSIP: 91913YAL4<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |    162000 | PA      | $177716.24    | 0.04%             | 2037-06-15      | Fixed         | 6.62%                 | No            | 2                  | On Loan: No      |
| VALERO ENERGY CORPORATION                                     | VALERO ENERGY CORP                                 | CUSIP: 91913YBF6<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |     95000 | PA      | $96931.93     | 0.02%             | 2030-02-15      | Fixed         | 5.15%                 | No            | 2                  | On Loan: No      |
| VELOCITY COMMERCIAL CAPITAL LOAN TRUST                        | VELOCITY COMMERCIAL CAPITAL LOAN TRUST 2024 6      | CUSIP: 92261BAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    130931 | PA      | $131327.29    | 0.03%             | 2054-12-25      | Variable      | 5.81%                 | Yes           | 2                  | On Loan: No      |
| VELOCITY VEHICLE GROUP LLC                                    | VELOCITY VEHICLE GROUP LLC                         | CUSIP: 92262TAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $29521.27     | 0.01%             | 2029-06-01      | Fixed         | 8.00%                 | Yes           | 2                  | On Loan: No      |
| VENTAS REALTY, LIMITED PARTNERSHIP                            | VENTAS REALTY LP                                   | CUSIP: 92277GBB2<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |    120000 | PA      | $121333.26    | 0.03%             | 2032-07-15      | Fixed         | 5.10%                 | No            | 2                  | On Loan: No      |
| VELOCITY COMMERCIAL CAPITAL LOAN TRUST                        | VELOCITY COMMERCIAL CAPITAL LOAN TRUST 2025 1      | CUSIP: 922955AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    109908 | PA      | $110693.14    | 0.02%             | 2055-02-25      | Variable      | 6.03%                 | Yes           | 2                  | On Loan: No      |
| VENTURE GLOBAL PLAQUEMINES LNG, LLC                           | VENTURE GLOBAL PLAQUEMINES LNG LLC                 | CUSIP: 922966AC0<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |     90000 | PA      | $94275.09     | 0.02%             | 2034-01-15      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| VERISK ANALYTICS, INC.                                        | VERISK ANALYTICS INC                               | CUSIP: 92345YAL0<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |     85000 | PA      | $84265.10     | 0.02%             | 2035-03-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| VERISK ANALYTICS, INC.                                        | VERISK ANALYTICS INC                               | CUSIP: 92345YAP1<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49312.18     | 0.01%             | 2031-03-15      | Fixed         | 4.45%                 | No            | 2                  | On Loan: No      |
| VEROS AUTO RECEIVABLES TRUST                                  | VEROS AUTO RECEIVABLES TRUST 2026 1                | CUSIP: 92511CAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     76986 | PA      | $77003.04     | 0.02%             | 2028-08-15      | Fixed         | 4.53%                 | Yes           | 2                  | On Loan: No      |
| VERTEX PHARMACEUTICALS INCORPORATED                           | VERTEX PHARAMACEUTICALS INC                        | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |     11700 | NS      | $5000346.00   | 1.07%             |  |  |  | No            | 1                  | On Loan: No      |
| VERTIV HOLDINGS CO                                            | VERTIV HOLDINGS CO                                 | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |     19758 | NS      | $6490305.42   | 1.39%             |  |  |  | No            | 1                  | On Loan: No      |
| VFI ABS LLC                                                   | VFI ABS 2023 1 LLC                                 | CUSIP: 92555QAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    105000 | PA      | $105566.11    | 0.02%             | 2029-12-24      | Fixed         | 9.26%                 | Yes           | 2                  | On Loan: No      |
| Virginia Electric and Power Company                           | VIRGINIA ELECTRIC AND POWER CO                     | CUSIP: 927804FR0<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |    200000 | PA      | $169474.81    | 0.04%             | 2044-02-15      | Fixed         | 4.45%                 | No            | 2                  | On Loan: No      |
| VISTA POINT SECURITIZATION TRUST                              | VISTA POINT SECURITIZATION TRUST 2024 CES1         | CUSIP: 92839HAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    175654 | PA      | $177310.36    | 0.04%             | 2054-05-25      | Fixed         | 6.68%                 | Yes           | 2                  | On Loan: No      |
| VSTRONG AUTO RECEIVABLES TRUST                                | VSTRONG AUTO RECEIVABLES TRUST 2023 A              | CUSIP: 92920CAL1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $107771.61    | 0.02%             | 2030-02-15      | Fixed         | 9.31%                 | Yes           | 2                  | On Loan: No      |
| WASTE CONNECTIONS, INC.                                       | WASTE CONNECTIONS INC                              | CUSIP: 94106BAJ0<br>LEI: 549300HDLRTPBQU69P29 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $152850.12    | 0.03%             | 2035-09-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST                         | WELLS FARGO COMMERCIAL MORTGAGE TRUST 2026 1250B   | CUSIP: 949939AC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $98901.04     | 0.02%             | 2041-03-10      | Variable      | 4.97%                 | Yes           | 2                  | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST                         | WELLS FARGO COMMERCIAL MORTGAGE TRUST 2016 LC24    | CUSIP: 95000HBJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2547934 | PA      | $3562.01      | 0.00%             | 2049-10-15      | Variable      | 1.48%                 | No            | 2                  | On Loan: No      |
| WELLS FARGO & COMPANY                                         | WELLS FARGO CO                                     | CUSIP: 95000U3P6<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101940.61    | 0.02%             | 2031-01-24      | Fixed         | 5.24%                 | No            | 2                  | On Loan: No      |
| WELLS FARGO & COMPANY                                         | WELLS FARGO COMPANY                                | CUSIP: 95002Y400<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |      4991 | NS      | $86743.58     | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| WELLS FARGO MORTGAGE BACKED SECURITIES TRUST                  | WELLS FARGO MORTGAGE BACKED SECURITIES 2020 5 TRUS | CUSIP: 95003BBJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    336331 | PA      | $293226.53    | 0.06%             | 2050-09-25      | Variable      | 2.91%                 | Yes           | 2                  | On Loan: No      |
| WESTLAKE AUTOMOBILE RECEIVABLES TRUST                         | WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2024 2       | CUSIP: 96042YAG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    280000 | PA      | $285221.64    | 0.06%             | 2030-04-15      | Fixed         | 5.91%                 | Yes           | 2                  | On Loan: No      |
| THE WILLIAMS COMPANIES, INC.                                  | WILLIAMS COS INC                                   | CUSIP: 969457BD1<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    242000 | PA      | $273936.99    | 0.06%             | 2031-06-15      | Fixed         | 7.75%                 | No            | 2                  | On Loan: No      |
| THE WILLIAMS COMPANIES, INC.                                  | WILLIAMS COS INC THE                               | CUSIP: 969457BV1<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    205000 | PA      | $200775.51    | 0.04%             | 2044-06-24      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| WILLIS NORTH AMERICA INC.                                     | WILLIS NORTH AMERICA INC                           | CUSIP: 970648AJ0<br>LEI: 5493004KVU1HWZCP0C66 | Long             | DBT              | CORP              | US        |     40000 | PA      | $37926.74     | 0.01%             | 2029-09-15      | Fixed         | 2.95%                 | No            | 2                  | On Loan: No      |
| ZOETIS INC.                                                   | ZOETIS INC                                         | CUSIP: 98978VAX1<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |    170000 | PA      | $169280.45    | 0.04%             | 2035-08-17      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| CRH PUBLIC LIMITED COMPANY                                    | CRH PLC                                            | CUSIP: G25508105<br>LEI: 549300MIDJNNTH068E74 | Long             | EC               | CORP              | IE        |     27414 | NS      | $3246365.88   | 0.70%             |  |  |  | No            | 1                  | On Loan: No      |
| JOHNSON CONTROLS INTERNATIONAL PUBLIC LIMITED COMPANY         | JOHNSON CONTROLS INTERNATIONAL PLC                 | CUSIP: G51502105<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | IE        |     40393 | NS      | $5898589.79   | 1.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Chubb Limited                                                 | CHUBB LIMITED                                      | CUSIP: H1467J104<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |     13947 | NS      | $4560669.00   | 0.98%             |  |  |  | No            | 1                  | On Loan: No      |
| IRON MOUNTAIN INFORMATION MANAGEMENT, LLC                     | IRON MOUNTAIN INC                                  | CUSIP: 46284NAV1<br>LEI: 5493009M0X1LQXGBWV02 | Long             | LON              | CORP              | US        |    161177 | PA      | $161512.71    | 0.03%             | 2031-01-31      | Floating      | 5.65%                 | No            | 2                  | On Loan: No      |
| LC AHAB US BIDCO LLC                                          | LC AHAB US BIDCO LLC                               | CUSIP: 50180PAB7<br>LEI: 254900949U9K2Q5C5A85 | Long             | LON              | CORP              | US        |     34475 | PA      | $34582.73     | 0.01%             | 2031-04-14      | Floating      | 6.15%                 | No            | 2                  | On Loan: No      |

### Signature

**Date Signed:** 2026-06-01

**Name of Applicant:** Victory Portfolios IV

**Signature:** Carol D. Trevino

**Name of Signer:** Carol D. Trevino

**Title:** Treasurer