# EDGAR Filing Document

**Accession Number:** 0001005942
**File Stem:** 0002071691-26-007595
**Filing Date:** 2026-3
**Character Count:** 265386
**Document Hash:** e8fe30437296df43c5da48a05f359ccb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-007595.hdr.sgml**: 20260327

**ACCESSION NUMBER**: 0002071691-26-007595

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260327

**DATE AS OF CHANGE**: 20260327

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PUTNAM FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001005942

**ORGANIZATION NAME:**
- **EIN:** 043299786
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07513
- **FILM NUMBER:** 26806009

**BUSINESS ADDRESS:**
- **STREET 1:** 100 FEDERAL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110
- **BUSINESS PHONE:** 6177601000

**MAIL ADDRESS:**
- **STREET 1:** 100 FEDERAL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110

## Series and Classes Contracts Data

### Putnam Ultra Short Duration Income Fund (Series ID: S000034192)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000105375 | Class A        |  |
| C000105377 | Class C        |  |
| C000105379 | Class R        |  |
| C000105380 | Class Y        |  |
| C000118012 | Class R6       |  |
| C000207666 | Class N Shares |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Putnam Funds Trust

- **b. Investment Company Act file number:** 811-07513

- **c. CIK number of Registrant:** 0001005942

- **d. LEI of Registrant:** 549300S9JYWEMKQCLW53

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

  - **Street Address 1:** 100 Federal Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02110

  - **Telephone number:** 617-292-1000

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

- **a. Name of Series:** Putnam Ultra Short Duration Income Fund

- **b. EDGAR series identifier (if any):** S000034192

- **c. LEI of Series:** 549300AUL3M7GYSCX444

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

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2026-01-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $12695237321.80

**Total Liabilities:** $118719073.90

**Net Assets:** $12576518247.90

**Delayed Delivery Securities:** $70035000.00

**Cash Not Reported:** $19509075.42

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -94284.27000000 | **1-Year:** -965608.81000000 | **5-Year:** -398460.51000000 | **10-Year:** -2229.82000000 | **30-Year:** -21094.11000000

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

- **3-Month:** -2418.92000000 | **1-Year:** -6047.04000000 | **5-Year:** -22.38000000 | **10-Year:** -928.19000000 | **30-Year:** -813.74000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000105379 | 0.40%                | 0.33%                | 0.32%                |
| Class ID C000118012 | 0.34%                | 0.38%                | 0.46%                |
| Class ID C000207666 | 0.32%                | 0.36%                | 0.34%                |
| Class ID C000105377 | 0.30%                | 0.33%                | 0.32%                |
| Class ID C000105380 | 0.34%                | 0.38%                | 0.36%                |
| Class ID C000105375 | 0.33%                | 0.37%                | 0.35%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $854886.87               | $2170611.27                                |
| Month 2  | $442544.37               | $576754.98                                 |
| Month 3  | $1063483.38              | $921916.93                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Royal Caribbean Cruises Ltd.                                    | Royal Caribbean Cruises Ltd.                                                     | CUSIP: 780153BJ0<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |  20568000 | PA      | $20589972.79  | 0.16%             | 2026-08-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Trust Bank Ltd.                                 | Sumitomo Mitsui Trust Bank Ltd.                                                  | CUSIP: 86563VBK4<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |   9670000 | PA      | $9770711.89   | 0.08%             | 2026-09-14      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| SG Residential Mortgage Trust                                   | SG Residential Mortgage Trust, Series 2022-1, Class A1                           | CUSIP: 78433QAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2230205 | PA      | $2120254.79   | 0.02%             | 2062-03-27      | Variable      | 3.17%                 | No            |                  2 | On Loan: No      |
| FNMA                                                            | FNMA, Series 2006-74, Class FL                                                   | CUSIP: 31396KMG4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     50298 | PA      | $49959.02     | 0.00%             | 2036-08-25      | Floating      | 4.16%                 | No            |                  2 | On Loan: No      |
| Boston Properties LP                                            | Boston Properties LP                                                             | CUSIP: 10112RAX2<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |  47243000 | PA      | $47243000.00  | 0.38%             | 2026-02-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Enel Finance International NV                                   | Enel Finance International NV                                                    | CUSIP: 29278GBF4<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |   6555000 | PA      | $6556432.79   | 0.05%             | 2028-09-30      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co., Inc.                              | General Motors Financial Co., Inc.                                               | CUSIP: 37045XDK9<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |  12966000 | PA      | $12855047.47  | 0.10%             | 2026-06-10      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust                             | GS Mortgage-Backed Securities Trust, Series 2020-NQM1, Class A1                  | CUSIP: 36259WAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    672453 | PA      | $644551.23    | 0.01%             | 2060-09-27      | Variable      | 1.38%                 | No            |                  2 | On Loan: No      |
| Met Tower Global Funding                                        | Met Tower Global Funding                                                         | CUSIP: 58989V2J2<br>LEI: 635400OFJCY9IOGBGY57 | Long             | DBT              | CORP              | US        |   9469000 | PA      | $9493743.25   | 0.08%             | 2027-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co., Inc.                              | General Motors Financial Co., Inc.                                               | CUSIP: 37046UB26<br>LEI: 5493008B6JBRUJ90QL97 | Long             | STIV             | CORP              | US        |  11770000 | PA      | $11766304.22  | 0.09%             | 2026-02-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                              | Canadian Imperial Bank of Commerce                                               | CUSIP: 13607L8D8<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |  32980000 | PA      | $33250664.88  | 0.26%             | 2027-06-28      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| Daimler Truck Finance North America LLC                         | Daimler Truck Finance North America LLC                                          | CUSIP: 233853AX8<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |  24088000 | PA      | $24190093.13  | 0.19%             | 2027-09-25      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust                                 | BRAVO Residential Funding Trust, Series 2020-NQM1, Class A1                      | CUSIP: 105699AA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1027058 | PA      | $1011434.92   | 0.01%             | 2060-05-25      | Variable      | 1.45%                 | No            |                  2 | On Loan: No      |
| Banco Santander SA                                              | Banco Santander SA                                                               | CUSIP: 05964HBA2<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |  23850000 | PA      | $24234925.17  | 0.19%             | 2028-03-14      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Huntington National Bank (The)                                  | Huntington National Bank (The)                                                   | CUSIP: 44644MAL5<br>LEI: 2WHM8VNJH63UN14OL754 | Long             | DBT              | CORP              | US        |  45485000 | PA      | $45525981.53  | 0.36%             | 2028-04-12      | Floating      | 4.39%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust                                  | Hyundai Auto Receivables Trust, Series 2025-B, Class A2B                         | CUSIP: 44935XAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  12100580 | PA      | $12110651.77  | 0.10%             | 2028-08-15      | Floating      | 4.09%                 | No            |                  2 | On Loan: No      |
| Enbridge US, Inc.                                               | Enbridge US, Inc.                                                                | CUSIP: 29251VB21<br>LEI: 5493003FRODSVHJWFS32 | Long             | STIV             | CORP              | US        |  21080000 | PA      | $21073397.74  | 0.17%             | 2026-02-02      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| American Honda Finance Corp.                                    | American Honda Finance Corp.                                                     | CUSIP: 02665WFS5<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |  24840000 | PA      | $24946650.04  | 0.20%             | 2027-10-22      | Floating      | 4.37%                 | No            |                  2 | On Loan: No      |
| BAE Systems plc                                                 | BAE Systems plc                                                                  | CUSIP: 05523RAH0<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | DBT              | CORP              | GB        |  13395000 | PA      | $13554930.81  | 0.11%             | 2027-03-26      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jefferies Financial Group, Inc.                                 | Jefferies Financial Group, Inc.                                                  | CUSIP: 47233WKM0<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |  51580000 | PA      | $51580617.41  | 0.41%             | 2026-08-11      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Starbucks Corp.                                                 | Starbucks Corp.                                                                  | CUSIP: 855244BE8<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |  20161000 | PA      | $20164883.21  | 0.16%             | 2026-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Danske Bank A/S                                                 | Danske Bank A/S                                                                  | CUSIP: 23636ABG5<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |  45505000 | PA      | $46172386.34  | 0.37%             | 2028-03-01      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                                | Deutsche Bank AG                                                                 | CUSIP: 25160PAP2<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |  39085000 | PA      | $39365695.96  | 0.31%             | 2029-01-10      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| Macquarie Bank Ltd.                                             | Macquarie Bank Ltd.                                                              | CUSIP: 55607NB66<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | STIV             | CORP              | AU        |  13267000 | PA      | $13275591.71  | 0.11%             | 2026-05-20      | Floating      | 3.99%                 | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                                             | Intesa Sanpaolo SpA                                                              | CUSIP: 46115K5Z9<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | STIV             | CORP              | IT        |  44205000 | PA      | $44272920.98  | 0.35%             | 2026-08-19      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Constellation Energy Generation LLC                             | Constellation Energy Generation LLC                                              | CUSIP: 210385AP5<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |  12400000 | PA      | $12389732.43  | 0.10%             | 2028-01-08      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Royal Caribbean Cruises Ltd.                                    | Royal Caribbean Cruises Ltd.                                                     | CUSIP: 780153BH4<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |  25193000 | PA      | $25185518.18  | 0.20%             | 2026-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Mizuho Markets Cayman LP                                        | Mizuho Markets Cayman LP                                                         | CUSIP: 60700JFT7<br>LEI: 549300KHUXLS6Q30KT26 | Long             | DBT              | CORP              | KY        |  35215000 | PA      | $35261665.86  | 0.28%             | 2026-10-09      | Floating      | 4.19%                 | No            |                  2 | On Loan: No      |
| Mitsubishi UFJ Financial Group, Inc.                            | Mitsubishi UFJ Financial Group, Inc.                                             | CUSIP: 606822CL6<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |   9590000 | PA      | $9735085.00   | 0.08%             | 2028-07-20      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group, Inc.                                        | UnitedHealth Group, Inc.                                                         | CUSIP: 91324PFE7<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |  18789000 | PA      | $18820089.97  | 0.15%             | 2026-07-15      | Floating      | 4.16%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                           | FHLMC, Series 3611                                                               | CUSIP: 31398LSE9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     11014 | PA      | $9879.61      | 0.00%             | 2034-07-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Svenska Handelsbanken AB                                        | Svenska Handelsbanken AB                                                         | CUSIP: 86959LAR4<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | DBT              | CORP              | SE        |   4260000 | PA      | $4276845.79   | 0.03%             | 2027-05-28      | Floating      | 4.32%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                                | Bank of Montreal                                                                 | CUSIP: 06368MJH8<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |  35432000 | PA      | $35561435.58  | 0.28%             | 2029-01-27      | Floating      | 4.52%                 | No            |                  2 | On Loan: No      |
| Volkswagen Auto Loan Enhanced Trust                             | Volkswagen Auto Loan Enhanced Trust, Series 2024-1, Class A2A                    | CUSIP: 92868RAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6702032 | PA      | $6717690.68   | 0.05%             | 2027-11-22      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| ONEOK, Inc.                                                     | ONEOK, Inc.                                                                      | CUSIP: 682680BH5<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |  31282000 | PA      | $31611360.36  | 0.25%             | 2026-11-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Volkswagen Auto Loan Enhanced Trust                             | Volkswagen Auto Loan Enhanced Trust, Series 2025-1, Class A2B                    | CUSIP: 92868MAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9086869 | PA      | $9093584.45   | 0.07%             | 2028-01-20      | Floating      | 4.14%                 | No            |                  2 | On Loan: No      |
| Societe Generale SA                                             | Societe Generale SA                                                              | CUSIP: 83368RAK8<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   9625000 | PA      | $9620709.66   | 0.08%             | 2027-01-12      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| First Franklin Mortgage Loan Trust                              | First Franklin Mortgage Loan Trust, Series 2006-FF7, Class 1A                    | CUSIP: 320277AB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    280901 | PA      | $280515.76    | 0.00%             | 2036-05-25      | Floating      | 4.07%                 | No            |                  2 | On Loan: No      |
| Principal Life Global Funding II                                | Principal Life Global Funding II                                                 | CUSIP: 74256LFA2<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |   9381000 | PA      | $9475285.80   | 0.08%             | 2027-08-19      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| OBX Trust                                                       | OBX Trust, Series 2020-EXP2, Class A8                                            | CUSIP: 67448VAF7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    803348 | PA      | $717498.94    | 0.01%             | 2060-05-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                            | JPMorgan Chase & Co.                                                             | CUSIP: 46647PET9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  39824000 | PA      | $39961572.01  | 0.32%             | 2029-01-24      | Floating      | 4.46%                 | No            |                  2 | On Loan: No      |
| Extra Space Storage LP                                          | Extra Space Storage LP                                                           | CUSIP: 30227QB39<br>LEI: 549300YNKSKNZFR8UC42 | Long             | STIV             | CORP              | US        |  16690000 | PA      | $16683025.25  | 0.13%             | 2026-02-03      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Truist Bank                                                     | Truist Bank                                                                      | CUSIP: 89788JAF6<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |  27707000 | PA      | $27866320.24  | 0.22%             | 2028-07-24      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| Penske Truck Leasing Co. LP                                     | Penske Truck Leasing Co. LP                                                      | CUSIP: 70962BBL7<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | STIV             | CORP              | US        |  23550000 | PA      | $23495813.81  | 0.19%             | 2026-02-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                             | New Residential Mortgage Loan Trust, Series 2018-4A, Class A1S                   | CUSIP: 64828FCQ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1946771 | PA      | $1920955.86   | 0.02%             | 2048-01-25      | Floating      | 4.54%                 | No            |                  2 | On Loan: No      |
| Mercedes-Benz Finance North America LLC                         | Mercedes-Benz Finance North America LLC                                          | CUSIP: 58769JBE6<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |  22730000 | PA      | $23084363.43  | 0.18%             | 2028-03-31      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Bayer Corp.                                                     | Bayer Corp.                                                                      | CUSIP: 07273MGL4<br>LEI: 54930050NR9YMICYZM28 | Long             | STIV             | CORP              | US        |  53930000 | PA      | $52956051.17  | 0.42%             | 2026-07-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Trust Bank Ltd.                                 | Sumitomo Mitsui Trust Bank Ltd.                                                  | CUSIP: 86563VBP3<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |  14741000 | PA      | $14953193.16  | 0.12%             | 2027-03-07      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                  | Morgan Stanley                                                                   | CUSIP: 61747YFW0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |  36625000 | PA      | $37145757.32  | 0.30%             | 2029-04-12      | Floating      | 5.04%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA                                        | Cooperatieve Rabobank UA                                                         | CUSIP: 21688ABK7<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |  18165000 | PA      | $18575962.42  | 0.15%             | 2028-01-21      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                         | Hyundai Capital America                                                          | CUSIP: 44891ADE4<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |  37824000 | PA      | $38037274.78  | 0.30%             | 2027-06-24      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| Toyota Auto Receivables Owner Trust                             | Toyota Auto Receivables Owner Trust, Series 2023-B, Class A3                     | CUSIP: 891941AD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5411667 | PA      | $5432487.66   | 0.04%             | 2028-02-15      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| John Deere Capital Corp.                                        | John Deere Capital Corp.                                                         | CUSIP: 24422EYG8<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |  26565000 | PA      | $26680177.34  | 0.21%             | 2028-09-11      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| Imperial Fund Mortgage Trust                                    | Imperial Fund Mortgage Trust, Series 2022-NQM2, Class A1                         | CUSIP: 45276PAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6253606 | PA      | $6043037.06   | 0.05%             | 2067-03-25      | Fixed         | 3.64%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                               | Wells Fargo & Co.                                                                | CUSIP: 95000U3U5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |  54365000 | PA      | $55285079.24  | 0.44%             | 2029-04-23      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| GM Financial Consumer Automobile Receivables Trust              | GM Financial Consumer Automobile Receivables Trust, Series 2024-1, Class A3      | CUSIP: 36268GAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8313092 | PA      | $8368626.71   | 0.07%             | 2028-12-18      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co., Inc.                              | General Motors Financial Co., Inc.                                               | CUSIP: 37046UB59<br>LEI: 5493008B6JBRUJ90QL97 | Long             | STIV             | CORP              | US        |   2000000 | PA      | $1998741.00   | 0.02%             | 2026-02-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Nationwide Building Society                                     | Nationwide Building Society                                                      | CUSIP: 63861VAG2<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |   9505000 | PA      | $9583522.99   | 0.08%             | 2028-02-16      | Floating      | 4.98%                 | No            |                  2 | On Loan: No      |
| Extra Space Storage LP                                          | Extra Space Storage LP                                                           | CUSIP: 30227QBA3<br>LEI: 549300YNKSKNZFR8UC42 | Long             | STIV             | CORP              | US        |  29515000 | PA      | $29480768.50  | 0.23%             | 2026-02-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BMW US Capital LLC                                              | BMW US Capital LLC                                                               | CUSIP: 05565ECT0<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |  36601000 | PA      | $36828077.73  | 0.29%             | 2027-08-13      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| Citigroup, Inc.                                                 | Citigroup, Inc.                                                                  | CUSIP: 17327CAX1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  58488000 | PA      | $58628124.97  | 0.47%             | 2029-03-04      | Floating      | 4.54%                 | No            |                  2 | On Loan: No      |
| Starwood Mortgage Residential Trust                             | Starwood Mortgage Residential Trust, Series 2021-4, Class A1                     | CUSIP: 85573PAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5948177 | PA      | $5381441.99   | 0.04%             | 2056-08-25      | Variable      | 1.16%                 | No            |                  2 | On Loan: No      |
| Ellington Financial Mortgage Trust                              | Ellington Financial Mortgage Trust, Series 2019-2, Class A1                      | CUSIP: 31573TAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1080825 | PA      | $1055659.85   | 0.01%             | 2059-11-25      | Variable      | 2.74%                 | No            |                  2 | On Loan: No      |
| Structured Asset Securities Corp. Mortgage Loan Trust           | Structured Asset Securities Corp. Mortgage Loan Trust, Series 2005-NC2, Class M5 | CUSIP: 86359DCR6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    167888 | PA      | $217213.10    | 0.00%             | 2035-05-25      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| Swedbank AB                                                     | Swedbank AB                                                                      | CUSIP: 87020PAT4<br>LEI: M312WZV08Y7LYUC71685 | Long             | DBT              | CORP              | SE        |   7285000 | PA      | $7447547.58   | 0.06%             | 2027-09-20      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                                 | Goldman Sachs Group, Inc. (The)                                                  | CUSIP: 38145GAP5<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |  12970000 | PA      | $12982080.39  | 0.10%             | 2029-01-21      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Carrington Mortgage Loan Trust                                  | Carrington Mortgage Loan Trust, Series 2007-HE1, Class A3                        | CUSIP: 14454EAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    748843 | PA      | $745161.84    | 0.01%             | 2037-06-25      | Floating      | 3.98%                 | No            |                  2 | On Loan: No      |
| Philip Morris International, Inc.                               | Philip Morris International, Inc.                                                | CUSIP: 718172EB1<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |  29984000 | PA      | $30098192.26  | 0.24%             | 2028-10-27      | Floating      | 4.32%                 | No            |                  2 | On Loan: No      |
| Chevron USA, Inc.                                               | Chevron USA, Inc.                                                                | CUSIP: 166756BC9<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |  18155000 | PA      | $18232006.61  | 0.14%             | 2028-02-26      | Floating      | 4.15%                 | No            |                  2 | On Loan: No      |
| Plains All American Pipeline LP                                 | Plains All American Pipeline LP                                                  | CUSIP: 72650XB65<br>LEI: 5521FA2ITF25TVH63740 | Long             | STIV             | CORP              | US        |  36700000 | PA      | $36673095.23  | 0.29%             | 2026-02-06      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                           | NextEra Energy Capital Holdings, Inc.                                            | CUSIP: 65339KDG2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   6350000 | PA      | $6464536.92   | 0.05%             | 2028-02-04      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Barclays plc                                                    | Barclays plc                                                                     | CUSIP: 06738ECJ2<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   4055000 | PA      | $4113644.30   | 0.03%             | 2027-09-13      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Ellington Financial Mortgage Trust                              | Ellington Financial Mortgage Trust, Series 2020-2, Class A1                      | CUSIP: 31573WAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    692769 | PA      | $661341.06    | 0.01%             | 2065-10-25      | Variable      | 1.18%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp. (The)                             | Bank of New York Mellon Corp. (The)                                              | CUSIP: 06406RCD7<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |  22475000 | PA      | $22547845.97  | 0.18%             | 2028-06-09      | Floating      | 4.36%                 | No            |                  2 | On Loan: No      |
| Societe Generale SA                                             | Societe Generale SA                                                              | CUSIP: 83368RBZ4<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |  44470000 | PA      | $45001962.15  | 0.36%             | 2027-02-19      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Targa Resources Corp.                                           | Targa Resources Corp.                                                            | CUSIP: 87613LBC2<br>LEI: 5493003QENHHS261UR94 | Long             | STIV             | CORP              | US        |  12530000 | PA      | $12512564.51  | 0.10%             | 2026-02-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| RASC Trust                                                      | RASC Trust, Series 2005-KS1, Class M2                                            | CUSIP: 76110WM45<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    335062 | PA      | $333947.08    | 0.00%             | 2035-02-25      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| Macquarie Bank Ltd.                                             | Macquarie Bank Ltd.                                                              | CUSIP: 55608PBQ6<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |  14358000 | PA      | $14551088.11  | 0.12%             | 2026-12-07      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| BMW US Capital LLC                                              | BMW US Capital LLC                                                               | CUSIP: 05565ECX1<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |  46685000 | PA      | $47034290.63  | 0.37%             | 2028-03-21      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA                                        | Cooperatieve Rabobank UA                                                         | CUSIP: 21688ABS0<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |  17385000 | PA      | $17400182.32  | 0.14%             | 2028-01-14      | Floating      | 4.07%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia (The)                                       | Bank of Nova Scotia (The)                                                        | CUSIP: 06418GAX5<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |  26030000 | PA      | $26045411.84  | 0.21%             | 2030-02-02      | Floating      | 4.40%                 | No            |                  2 | On Loan: No      |
| Protective Life Global Funding                                  | Protective Life Global Funding                                                   | CUSIP: 743672AE7<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |  28438000 | PA      | $28464124.57  | 0.23%             | 2026-04-10      | Floating      | 4.37%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                           | FHLMC, Series 3316, Class CD                                                     | CUSIP: 31397HJC3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     15653 | PA      | $16307.95     | 0.00%             | 2037-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ERAC USA Finance LLC                                            | ERAC USA Finance LLC                                                             | CUSIP: 26882SBH8<br>LEI: LTKX5ODQW6Z7BQ2K1V47 | Long             | STIV             | CORP              | US        |  42525000 | PA      | $42442225.09  | 0.34%             | 2026-02-17      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Nissan Auto Receivables Owner Trust                             | Nissan Auto Receivables Owner Trust, Series 2025-B, Class A2A                    | CUSIP: 65490DAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  33989000 | PA      | $34059839.87  | 0.27%             | 2028-07-17      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CNO Global Funding                                              | CNO Global Funding                                                               | CUSIP: 18977W2A7<br>LEI: 6354008GTNR4833ULD48 | Long             | DBT              | CORP              | US        |  49857000 | PA      | $49107267.88  | 0.39%             | 2026-10-07      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group, Inc. (The)                        | PNC Financial Services Group, Inc. (The)                                         | CUSIP: 693475CG8<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |  30340000 | PA      | $30389888.67  | 0.24%             | 2029-01-26      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| Societe Generale SA                                             | Societe Generale SA                                                              | CUSIP: 83368RAK8<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |  10108000 | PA      | $10103494.36  | 0.08%             | 2027-01-12      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Trust Bank Ltd.                                 | Sumitomo Mitsui Trust Bank Ltd.                                                  | CUSIP: 86563VBW8<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |  37899000 | PA      | $38263429.20  | 0.30%             | 2027-09-10      | Floating      | 4.65%                 | No            |                  2 | On Loan: No      |
| Australia & New Zealand Banking Group Ltd.                      | Australia & New Zealand Banking Group Ltd.                                       | CUSIP: 052528AK2<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |  34697000 | PA      | $34742690.40  | 0.28%             | 2026-05-19      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Boston Properties LP                                            | Boston Properties LP                                                             | CUSIP: 10113CC46<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | STIV             | CORP              | US        |  22745000 | PA      | $22663875.41  | 0.18%             | 2026-03-04      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Marriott International, Inc.                                    | Marriott International, Inc.                                                     | CUSIP: 571903BM4<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |   2202000 | PA      | $2219969.53   | 0.02%             | 2026-09-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| American Honda Finance Corp.                                    | American Honda Finance Corp.                                                     | CUSIP: 02665WFW6<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |  36865000 | PA      | $36955308.56  | 0.29%             | 2028-03-03      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| NatWest Group plc                                               | NatWest Group plc                                                                | CUSIP: 639057AU2<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |  13505000 | PA      | $13599229.79  | 0.11%             | 2029-05-23      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| DTE Energy Co.                                                  | DTE Energy Co.                                                                   | CUSIP: 233331BM8<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |  32598000 | PA      | $33015015.46  | 0.26%             | 2027-07-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| RBC Capital Markets LLC                                         | RBC Capital Markets LLC                                                          | CUSIP: N/A<br>LEI: 549300LCO2FLSSVFFR64       | Long             | RA               | CORP              | US        |  25000000 | PA      | $25000000.00  | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                                   | State Street Bank & Trust Co.                                                    | CUSIP: 857449AD4<br>LEI: 571474TGEMMWANRLN572 | Long             | DBT              | CORP              | US        |  13804000 | PA      | $13834663.24  | 0.11%             | 2026-11-25      | Floating      | 4.15%                 | No            |                  2 | On Loan: No      |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust       | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MBT1<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |  20035000 | PA      | $19969593.34  | 0.16%             | 2029-02-28      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Hyatt Hotels Corp.                                              | Hyatt Hotels Corp.                                                               | CUSIP: 448579AQ5<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |  42761000 | PA      | $43436709.32  | 0.35%             | 2027-01-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NatWest Group plc                                               | NatWest Group plc                                                                | CUSIP: 639057AJ7<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |   2693000 | PA      | $2696724.42   | 0.02%             | 2027-03-02      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Netflix, Inc.                                                   | Netflix, Inc.                                                                    | CUSIP: 64110LAN6<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |   5155000 | PA      | $5174204.75   | 0.04%             | 2026-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp. (The)                             | Bank of New York Mellon Corp. (The)                                              | CUSIP: 06406RCK1<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |  56335000 | PA      | $56331049.79  | 0.45%             | 2030-01-22      | Floating      | 4.28%                 | No            |                  2 | On Loan: No      |
| Nationstar Home Equity Loan Trust                               | Nationstar Home Equity Loan Trust, Series 2007-B, Class 2AV4                     | CUSIP: 63860LAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1924446 | PA      | $1918048.81   | 0.02%             | 2037-04-25      | Floating      | 4.43%                 | No            |                  2 | On Loan: No      |
| Long Beach Mortgage Loan Trust                                  | Long Beach Mortgage Loan Trust, Series 2005-2, Class M5                          | CUSIP: 542514KV5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     99309 | PA      | $99253.90     | 0.00%             | 2035-04-25      | Floating      | 4.76%                 | No            |                  2 | On Loan: No      |
| Station Place Securitization Trust                              | Station Place Securitization Trust, Series 2025-3, Class A                       | CUSIP: 85779TAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  37820000 | PA      | $37949113.70  | 0.30%             | 2026-09-23      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                                       | Towd Point Mortgage Trust, Series 2018-1, Class A1                               | CUSIP: 89176EAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    509195 | PA      | $506769.21    | 0.00%             | 2058-01-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                            | Royal Bank of Canada                                                             | CUSIP: 78017FZR7<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |   3390000 | PA      | $3401166.39   | 0.03%             | 2027-10-18      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| Mondelez International, Inc.                                    | Mondelez International, Inc.                                                     | CUSIP: 609207BF1<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |  39570000 | PA      | $39780582.04  | 0.32%             | 2028-05-06      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Marsh & McLennan Cos., Inc.                                     | Marsh & McLennan Cos., Inc.                                                      | CUSIP: 571748BZ4<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |  16405000 | PA      | $16485804.96  | 0.13%             | 2027-11-08      | Floating      | 4.39%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                            | JPMorgan Chase & Co.                                                             | CUSIP: 46647PEF9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  19779000 | PA      | $19894243.13  | 0.16%             | 2028-04-22      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                                | Bank of Montreal, Series J                                                       | CUSIP: 06368MC69<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |  21775000 | PA      | $21806133.02  | 0.17%             | 2027-12-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                           | NextEra Energy Capital Holdings, Inc.                                            | CUSIP: 65339KCL2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   6105000 | PA      | $6176678.38   | 0.05%             | 2027-09-01      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| Boeing Co. (The)                                                | Boeing Co. (The)                                                                 | CUSIP: 097023CU7<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |  18502000 | PA      | $18701609.75  | 0.15%             | 2027-05-01      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| RTX Corp.                                                       | RTX Corp.                                                                        | CUSIP: 75513ECQ2<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |  14820000 | PA      | $14823363.99  | 0.12%             | 2026-02-27      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Meta Platforms, Inc.                                            | Meta Platforms, Inc.                                                             | CUSIP: 30303M8G0<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |   6865000 | PA      | $6853469.96   | 0.05%             | 2027-08-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Daimler Truck Finance North America LLC                         | Daimler Truck Finance North America LLC                                          | CUSIP: 233853BG4<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |  14575000 | PA      | $14649900.05  | 0.12%             | 2027-08-12      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                           | Bank of America Corp.                                                            | CUSIP: 06051GMN6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  47787000 | PA      | $47980206.66  | 0.38%             | 2029-01-24      | Floating      | 4.48%                 | No            |                  2 | On Loan: No      |
| Danske Bank A/S                                                 | Danske Bank A/S                                                                  | CUSIP: 23636AAR2<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |  25156000 | PA      | $25318729.13  | 0.20%             | 2028-06-12      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| MFA Trust                                                       | MFA Trust, Series 2021-NQM1, Class A1                                            | CUSIP: 55283FAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3018587 | PA      | $2852991.79   | 0.02%             | 2065-04-25      | Variable      | 1.15%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                    | UBS Group AG                                                                     | CUSIP: 225401AT5<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   9010000 | PA      | $9010000.00   | 0.07%             | 2027-02-02      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| Georgia-Pacific LLC                                             | Georgia-Pacific LLC                                                              | CUSIP: 37331NAN1<br>LEI: L2EVHWFHVAQK72TMH265 | Long             | DBT              | CORP              | US        |   7773000 | PA      | $7710594.86   | 0.06%             | 2026-05-15      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                                | Bank of Montreal                                                                 | CUSIP: 06368L8M1<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |  52226000 | PA      | $52363952.89  | 0.42%             | 2027-09-10      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| Caterpillar Financial Services Corp.                            | Caterpillar Financial Services Corp.                                             | CUSIP: 14913UBE9<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |  34856000 | PA      | $35018400.38  | 0.28%             | 2028-11-14      | Floating      | 4.26%                 | No            |                  2 | On Loan: No      |
| American Tower Corp.                                            | American Tower Corp.                                                             | CUSIP: 03027XAX8<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $9892920.00   | 0.08%             | 2027-01-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                           | Athene Global Funding                                                            | CUSIP: 04685A4E8<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |  35576000 | PA      | $35876445.01  | 0.29%             | 2027-01-07      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co., Inc.                              | General Motors Financial Co., Inc.                                               | CUSIP: 37045XES1<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   1850000 | PA      | $1862775.32   | 0.01%             | 2027-05-08      | Floating      | 5.04%                 | No            |                  2 | On Loan: No      |
| Soundview Home Loan Trust                                       | Soundview Home Loan Trust, Series 2005-OPT3, Class M1                            | CUSIP: 83611MGU6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      4895 | PA      | $4896.21      | 0.00%             | 2035-11-25      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| American Express Co.                                            | American Express Co.                                                             | CUSIP: 025816EJ4<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |  34727000 | PA      | $34947024.37  | 0.28%             | 2029-07-20      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Macquarie Group Ltd.                                            | Macquarie Group Ltd.                                                             | CUSIP: 55608VCK5<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | STIV             | CORP              | AU        |   9745000 | PA      | $9694793.76   | 0.08%             | 2026-03-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                                    | ING Groep NV                                                                     | CUSIP: 456837AX1<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |   4400000 | PA      | $4404741.70   | 0.04%             | 2027-04-01      | Floating      | 4.66%                 | No            |                  2 | On Loan: No      |
| Macquarie Bank Ltd.                                             | Macquarie Bank Ltd.                                                              | CUSIP: 55607NB58<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | STIV             | CORP              | AU        |  15730000 | PA      | $15741448.29  | 0.13%             | 2026-05-14      | Floating      | 4.01%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                            | JPMorgan Chase & Co.                                                             | CUSIP: 46647PEE2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  35522000 | PA      | $36198246.52  | 0.29%             | 2028-04-22      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| NatWest Group plc                                               | NatWest Group plc                                                                | CUSIP: 639057AL2<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |  20520000 | PA      | $20871533.04  | 0.17%             | 2028-03-01      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                                       | Towd Point Mortgage Trust, Series 2022-SJ1, Class A1B                            | CUSIP: 89180GAW9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2158250 | PA      | $2127005.68   | 0.02%             | 2062-03-25      | Variable      | 3.61%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                                    | ING Groep NV                                                                     | CUSIP: 456837BP7<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |  27265000 | PA      | $27357865.68  | 0.22%             | 2029-03-25      | Floating      | 4.66%                 | No            |                  2 | On Loan: No      |
| Svenska Handelsbanken AB                                        | Svenska Handelsbanken AB                                                         | CUSIP: 86959LAR4<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | DBT              | CORP              | SE        |  19115000 | PA      | $19190588.55  | 0.15%             | 2027-05-28      | Floating      | 4.32%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                         | BPCE SA                                                                          | CUSIP: 05571AAP0<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |  11255000 | PA      | $11363729.49  | 0.09%             | 2027-10-19      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust       | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAV7<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |  37466000 | PA      | $37050683.77  | 0.29%             | 2026-10-29      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| American Express Credit Account Master Trust                    | American Express Credit Account Master Trust, Series 2023-3, Class A             | CUSIP: 02582JKD1<br>LEI: 549300Y4SA5G3GIJTP18 | Long             | ABS-O            | CORP              | US        |  30741000 | PA      | $31016817.47  | 0.25%             | 2028-09-15      | Fixed         | 5.23%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                           | Athene Global Funding                                                            | CUSIP: 04685A3X7<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |  26457000 | PA      | $26911876.79  | 0.21%             | 2027-07-09      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                           | NextEra Energy Capital Holdings, Inc.                                            | CUSIP: 65339KAT7<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   7304000 | PA      | $7270673.75   | 0.06%             | 2027-05-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                    | UBS Group AG                                                                     | CUSIP: 225401AF5<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |  16480000 | PA      | $16400936.71  | 0.13%             | 2029-01-12      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| Nationwide Building Society                                     | Nationwide Building Society                                                      | CUSIP: 63861VAJ6<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |  52821000 | PA      | $53736929.35  | 0.43%             | 2027-10-18      | Fixed         | 6.56%                 | No            |                  2 | On Loan: No      |
| Skandinaviska Enskilda Banken AB                                | Skandinaviska Enskilda Banken AB                                                 | CUSIP: 830505AZ6<br>LEI: F3JS33DEI6XQ4ZBPTN86 | Long             | DBT              | CORP              | SE        |  23865000 | PA      | $24206896.43  | 0.19%             | 2027-03-05      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                  | Morgan Stanley                                                                   | CUSIP: 61747YFN0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |  19140000 | PA      | $19244257.49  | 0.15%             | 2028-04-13      | Floating      | 4.68%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                           | Bank of America Corp.                                                            | CUSIP: 06051GKH1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  14431000 | PA      | $14513390.62  | 0.12%             | 2028-02-04      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| Broadcom, Inc.                                                  | Broadcom, Inc.                                                                   | CUSIP: 11135FCE9<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |  13762000 | PA      | $14031787.50  | 0.11%             | 2028-04-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Extra Space Storage LP                                          | Extra Space Storage LP                                                           | CUSIP: 30227QCC8<br>LEI: 549300YNKSKNZFR8UC42 | Long             | STIV             | CORP              | US        |  21440000 | PA      | $21345771.20  | 0.17%             | 2026-03-12      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Credit Agricole SA                                              | Credit Agricole SA                                                               | CUSIP: 22534PAJ2<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |   2750000 | PA      | $2762405.03   | 0.02%             | 2027-03-11      | Floating      | 4.54%                 | No            |                  2 | On Loan: No      |
| BMW US Capital LLC                                              | BMW US Capital LLC                                                               | CUSIP: 05565ECN3<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |  14079000 | PA      | $14122628.29  | 0.11%             | 2026-08-13      | Floating      | 4.47%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.                                 | Intercontinental Exchange, Inc.                                                  | CUSIP: 45865VAA8<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |  11530000 | PA      | $11542195.28  | 0.09%             | 2028-12-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                                    | ING Groep NV                                                                     | CUSIP: 456837AX1<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |   6054000 | PA      | $6060524.15   | 0.05%             | 2027-04-01      | Floating      | 4.66%                 | No            |                  2 | On Loan: No      |
| USB Auto Owner Trust                                            | USB Auto Owner Trust, Series 2025-1A, Class A2                                   | CUSIP: 90367VAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10612605 | PA      | $10634509.25  | 0.08%             | 2028-06-15      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| New York Life Global Funding                                    | New York Life Global Funding                                                     | CUSIP: 64953BBL1<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |  47790000 | PA      | $47990452.77  | 0.38%             | 2027-04-02      | Floating      | 4.32%                 | No            |                  2 | On Loan: No      |
| GM Financial Consumer Automobile Receivables Trust              | GM Financial Consumer Automobile Receivables Trust, Series 2023-2, Class A3      | CUSIP: 362583AD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7857605 | PA      | $7871454.11   | 0.06%             | 2028-02-16      | Fixed         | 4.47%                 | No            |                  2 | On Loan: No      |
| Toyota Motor Credit Corp.                                       | Toyota Motor Credit Corp.                                                        | CUSIP: 89236TMR3<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |  16141000 | PA      | $16150649.25  | 0.13%             | 2026-04-10      | Floating      | 4.12%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                           | Athene Global Funding                                                            | CUSIP: 04685A4M0<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |  38701000 | PA      | $38891699.18  | 0.31%             | 2028-03-06      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| Skandinaviska Enskilda Banken AB                                | Skandinaviska Enskilda Banken AB                                                 | CUSIP: 830505BA0<br>LEI: F3JS33DEI6XQ4ZBPTN86 | Long             | DBT              | CORP              | SE        |   7408000 | PA      | $7451210.20   | 0.06%             | 2027-03-05      | Floating      | 4.56%                 | No            |                  2 | On Loan: No      |
| CaixaBank SA                                                    | CaixaBank SA                                                                     | CUSIP: 12803RAK0<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |  57915000 | PA      | $58537647.06  | 0.47%             | 2029-07-03      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Imperial Fund Mortgage Trust                                    | Imperial Fund Mortgage Trust, Series 2023-NQM1, Class A1                         | CUSIP: 45290BAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7412024 | PA      | $7394179.64   | 0.06%             | 2068-02-25      | Fixed         | 5.94%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                              | Energy Transfer LP                                                               | CUSIP: 86765BAT6<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |  15140000 | PA      | $15138120.37  | 0.12%             | 2026-07-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Credit Agricole SA                                              | Credit Agricole SA                                                               | CUSIP: 22534PAH6<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |  33674000 | PA      | $34122321.83  | 0.27%             | 2027-03-11      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Toyota Auto Receivables Owner Trust                             | Toyota Auto Receivables Owner Trust, Series 2024-D, Class A2B                    | CUSIP: 89239TAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1658409 | PA      | $1659122.73   | 0.01%             | 2027-08-16      | Floating      | 4.10%                 | No            |                  2 | On Loan: No      |
| Swedbank AB                                                     | Swedbank AB                                                                      | CUSIP: 87020PAT4<br>LEI: M312WZV08Y7LYUC71685 | Long             | DBT              | CORP              | SE        |  27422000 | PA      | $28033857.21  | 0.22%             | 2027-09-20      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| Illumina, Inc.                                                  | Illumina, Inc.                                                                   | CUSIP: 452327AQ2<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | DBT              | CORP              | US        |  18540000 | PA      | $18589341.99  | 0.15%             | 2026-09-09      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Penske Truck Leasing Co. LP                                     | Penske Truck Leasing Co. LP                                                      | CUSIP: 70962BBK9<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | STIV             | CORP              | US        |  20000000 | PA      | $19956194.00  | 0.16%             | 2026-02-19      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Skandinaviska Enskilda Banken AB                                | Skandinaviska Enskilda Banken AB                                                 | CUSIP: 830505BC6<br>LEI: F3JS33DEI6XQ4ZBPTN86 | Long             | DBT              | CORP              | SE        |  36045000 | PA      | $36226453.77  | 0.29%             | 2028-06-02      | Floating      | 4.43%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The)                                     | Toronto-Dominion Bank (The)                                                      | CUSIP: 89115A2U5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |  17710000 | PA      | $18352741.06  | 0.15%             | 2028-07-17      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| World Omni Auto Receivables Trust                               | World Omni Auto Receivables Trust, Series 2024-A, Class A3                       | CUSIP: 98164RAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10186947 | PA      | $10251474.27  | 0.08%             | 2029-03-15      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| Protective Life Global Funding                                  | Protective Life Global Funding                                                   | CUSIP: 74368CBX1<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |  14470000 | PA      | $14640238.10  | 0.12%             | 2027-01-12      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                                | Deutsche Bank AG                                                                 | CUSIP: 25160PAN7<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |  51419000 | PA      | $52120162.85  | 0.41%             | 2027-07-13      | Fixed         | 7.15%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA                                        | Cooperatieve Rabobank UA                                                         | CUSIP: 21688ABG6<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |  18730000 | PA      | $18771154.49  | 0.15%             | 2026-08-28      | Floating      | 4.28%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                                | Deutsche Bank AG                                                                 | CUSIP: 25160PAH0<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |  22200000 | PA      | $21890227.42  | 0.17%             | 2028-01-07      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Harley-Davidson Motorcycle Trust                                | Harley-Davidson Motorcycle Trust, Series 2025-A, Class A2B                       | CUSIP: 41284XAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  12048439 | PA      | $12067403.26  | 0.10%             | 2028-07-17      | Floating      | 4.37%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia (The)                                       | Bank of Nova Scotia (The)                                                        | CUSIP: 06418GAM9<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |  37442000 | PA      | $37644609.15  | 0.30%             | 2028-09-08      | Floating      | 4.68%                 | No            |                  2 | On Loan: No      |
| Macquarie Bank Ltd.                                             | Macquarie Bank Ltd.                                                              | CUSIP: 55608PCA0<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |  44005000 | PA      | $44043030.88  | 0.35%             | 2028-02-03      | Floating      | 4.14%                 | No            |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA                              | Banco Bilbao Vizcaya Argentaria SA                                               | CUSIP: 05946KAL5<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | CORP              | ES        |  28638000 | PA      | $29627267.35  | 0.24%             | 2028-09-14      | Fixed         | 6.14%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.                                 | Intercontinental Exchange, Inc.                                                  | CUSIP: 45856XBD8<br>LEI: 5493000F4ZO33MV32P92 | Long             | STIV             | CORP              | US        |  25650000 | PA      | $25611909.75  | 0.20%             | 2026-02-13      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust                                  | Hyundai Auto Receivables Trust, Series 2025-B, Class A2A                         | CUSIP: 44935XAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2662128 | PA      | $2670134.05   | 0.02%             | 2028-08-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| GM Financial Consumer Automobile Receivables Trust              | GM Financial Consumer Automobile Receivables Trust, Series 2024-4, Class A2B     | CUSIP: 38014AAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2254474 | PA      | $2255023.44   | 0.02%             | 2027-10-18      | Floating      | 4.11%                 | No            |                  2 | On Loan: No      |
| Honda Auto Receivables Owner Trust                              | Honda Auto Receivables Owner Trust, Series 2024-1, Class A3                      | CUSIP: 437918AC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5673265 | PA      | $5722067.13   | 0.05%             | 2028-08-15      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| Citigroup, Inc.                                                 | Citigroup, Inc.                                                                  | CUSIP: 172967MZ1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  26360000 | PA      | $26391008.06  | 0.21%             | 2027-06-09      | Floating      | 4.45%                 | No            |                  2 | On Loan: No      |
| National Australia Bank Ltd.                                    | National Australia Bank Ltd.                                                     | CUSIP: 632525CL3<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | DBT              | CORP              | AU        |  27030000 | PA      | $27180124.35  | 0.22%             | 2028-06-13      | Floating      | 4.33%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                           | FHLMC, Series 3539, Class PM                                                     | CUSIP: 31398EHW7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      3571 | PA      | $3428.04      | 0.00%             | 2037-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Mercedes-Benz Finance North America LLC                         | Mercedes-Benz Finance North America LLC                                          | CUSIP: 58769JBD8<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |  22730000 | PA      | $22823549.41  | 0.18%             | 2027-04-01      | Floating      | 4.43%                 | No            |                  2 | On Loan: No      |
| Alimentation Couche-Tard, Inc.                                  | Alimentation Couche-Tard, Inc.                                                   | CUSIP: 01626VB28<br>LEI: 549300OSW32RVX8CCZ87 | Long             | STIV             | CORP              | CA        |  23100000 | PA      | $23092594.14  | 0.18%             | 2026-02-02      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Macquarie Group Ltd.                                            | Macquarie Group Ltd.                                                             | CUSIP: 55608VD65<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | STIV             | CORP              | AU        |  18005000 | PA      | $17877618.23  | 0.14%             | 2026-04-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Credit Agricole SA                                              | Credit Agricole SA                                                               | CUSIP: 22535WAM9<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |  17672000 | PA      | $17800051.67  | 0.14%             | 2028-09-11      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| Westpac Banking Corp.                                           | Westpac Banking Corp.                                                            | CUSIP: 961214FX6<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |  46236000 | PA      | $46327842.73  | 0.37%             | 2026-10-20      | Floating      | 4.12%                 | No            |                  2 | On Loan: No      |
| Starwood Mortgage Residential Trust                             | Starwood Mortgage Residential Trust, Series 2022-2, Class A1                     | CUSIP: 85573UAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5931917 | PA      | $5747799.95   | 0.05%             | 2067-02-25      | Variable      | 3.17%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust                                 | BRAVO Residential Funding Trust, Series 2021-NQM2, Class A1                      | CUSIP: 10569EAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    983015 | PA      | $968055.19    | 0.01%             | 2060-03-25      | Variable      | 0.97%                 | No            |                  2 | On Loan: No      |
| GCAT Trust                                                      | GCAT Trust, Series 2019-NQM3, Class A1                                           | CUSIP: 36167VAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    877197 | PA      | $865803.92    | 0.01%             | 2059-11-25      | Variable      | 3.69%                 | No            |                  2 | On Loan: No      |
| Protective Life Global Funding                                  | Protective Life Global Funding                                                   | CUSIP: 74368CBZ6<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |  28010000 | PA      | $28216096.46  | 0.22%             | 2027-09-13      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia (The)                                       | Bank of Nova Scotia (The)                                                        | CUSIP: 06418GAR8<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |  27545000 | PA      | $27601343.02  | 0.22%             | 2029-02-14      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| Citigroup, Inc.                                                 | Citigroup, Inc.                                                                  | CUSIP: 172967PY1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  28535000 | PA      | $28725784.15  | 0.23%             | 2028-05-07      | Floating      | 4.83%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                                     | Capital One Financial Corp.                                                      | CUSIP: 14040HBN4<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |  23725000 | PA      | $23682852.06  | 0.19%             | 2027-03-09      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Haleon US Capital LLC                                           | Haleon US Capital LLC                                                            | CUSIP: 36264FAK7<br>LEI: 549300N8C3A3L0UVQB07 | Long             | DBT              | CORP              | US        |  13389000 | PA      | $13306389.07  | 0.11%             | 2027-03-24      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Nationwide Building Society                                     | Nationwide Building Society                                                      | CUSIP: 63861VAM9<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |  14858000 | PA      | $15018189.89  | 0.12%             | 2029-07-14      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Australia & New Zealand Banking Group Ltd.                      | Australia & New Zealand Banking Group Ltd.                                       | CUSIP: 05252ADL2<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |  36314000 | PA      | $36511113.84  | 0.29%             | 2027-07-16      | Floating      | 4.34%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon (The)                                   | Bank of New York Mellon (The)                                                    | CUSIP: 06405LAF8<br>LEI: HPFHU0OQ28E4N0NFVK49 | Long             | DBT              | CORP              | US        |  13430000 | PA      | $13449274.06  | 0.11%             | 2027-04-20      | Fixed         | 4.59%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                                | Deutsche Bank AG                                                                 | CUSIP: 25160PAQ0<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |  13120000 | PA      | $13400801.32  | 0.11%             | 2029-01-10      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| Societe Generale SA                                             | Societe Generale SA                                                              | CUSIP: 83368RBZ4<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   6560000 | PA      | $6638472.49   | 0.05%             | 2027-02-19      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp. (The)                             | Bank of New York Mellon Corp. (The)                                              | CUSIP: 06406RCH8<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |  13485000 | PA      | $13588897.88  | 0.11%             | 2028-06-09      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| Volkswagen Group of America Finance LLC                         | Volkswagen Group of America Finance LLC                                          | CUSIP: 928668CD2<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |  47860000 | PA      | $47883066.13  | 0.38%             | 2026-03-20      | Floating      | 4.50%                 | No            |                  2 | On Loan: No      |
| Banque Federative du Credit Mutuel SA                           | Banque Federative du Credit Mutuel SA                                            | CUSIP: 06675FBC0<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |   6705000 | PA      | $6785452.76   | 0.05%             | 2027-01-23      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                    | Oracle Corp.                                                                     | CUSIP: 68389XCC7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |  22760000 | PA      | $22680292.20  | 0.18%             | 2026-03-25      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| PNC Bank NA                                                     | PNC Bank NA                                                                      | CUSIP: 69353RFZ6<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |  11865000 | PA      | $11948981.30  | 0.10%             | 2028-07-21      | Fixed         | 4.43%                 | No            |                  2 | On Loan: No      |
| Enel Finance America LLC                                        | Enel Finance America LLC                                                         | CUSIP: 29279HDT9<br>LEI: 549300EGNLVUJX1DEC60 | Long             | STIV             | CORP              | US        |  14305000 | PA      | $14172630.11  | 0.11%             | 2026-04-27      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia (The)                                       | Bank of Nova Scotia (The)                                                        | CUSIP: 06418GAG2<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |  37930000 | PA      | $38110960.24  | 0.30%             | 2027-06-04      | Floating      | 4.45%                 | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                                             | Intesa Sanpaolo SpA                                                              | CUSIP: 46115K6D7<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | STIV             | CORP              | IT        |  23500000 | PA      | $23495036.80  | 0.19%             | 2026-10-09      | Fixed         | 4.06%                 | No            |                  2 | On Loan: No      |
| Mercedes-Benz Finance North America LLC                         | Mercedes-Benz Finance North America LLC                                          | CUSIP: 58769JBB2<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |  36948000 | PA      | $37221177.25  | 0.30%             | 2026-11-13      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Wisconsin Electric Power Co.                                    | Wisconsin Electric Power Co.                                                     | CUSIP: 976656CV8<br>LEI: AENKIFMULUAWOUU8Q584 | Long             | DBT              | CORP              | US        |  10460000 | PA      | $10454309.34  | 0.08%             | 2029-03-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| American Express Co.                                            | American Express Co.                                                             | CUSIP: 025816DX4<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |  18958000 | PA      | $19055482.23  | 0.15%             | 2028-07-26      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                                       | Towd Point Mortgage Trust, Series 2019-HY2, Class A1                             | CUSIP: 89177HAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    251035 | PA      | $257049.19    | 0.00%             | 2058-05-25      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| Commonwealth Bank of Australia                                  | Commonwealth Bank of Australia                                                   | CUSIP: 2027A0KW8<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |  24908000 | PA      | $25032880.99  | 0.20%             | 2028-03-14      | Floating      | 4.32%                 | No            |                  2 | On Loan: No      |
| Fifth Third Bancorp                                             | Fifth Third Bancorp                                                              | CUSIP: 316773DJ6<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |   8607000 | PA      | $8937554.68   | 0.07%             | 2028-10-27      | Fixed         | 6.36%                 | No            |                  2 | On Loan: No      |
| AvalonBay Communities, Inc.                                     | AvalonBay Communities, Inc.                                                      | CUSIP: 05348BBC8<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | STIV             | CORP              | US        |  15820000 | PA      | $15798231.68  | 0.13%             | 2026-02-12      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Barclays plc                                                    | Barclays plc                                                                     | CUSIP: 06738ECF0<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |  34275000 | PA      | $34431679.94  | 0.27%             | 2027-05-09      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| FNMA                                                            | FNMA Connecticut Avenue Securities Trust, Series 2025-R04, Class 1A1             | CUSIP: 20755TAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2128868 | PA      | $2131881.36   | 0.02%             | 2045-05-25      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                    | Oracle Corp.                                                                     | CUSIP: 68389XCX1<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |  27827000 | PA      | $27375695.59  | 0.22%             | 2028-08-03      | Floating      | 4.45%                 | No            |                  2 | On Loan: No      |
| Lennar Corp.                                                    | Lennar Corp.                                                                     | CUSIP: 526057CT9<br>LEI: 529900G61XVRLX5TJX09 | Long             | DBT              | CORP              | US        |  21737000 | PA      | $21761919.73  | 0.17%             | 2026-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ANZ New Zealand Int'l Ltd.                                      | ANZ New Zealand Int'l Ltd.                                                       | CUSIP: 00182EBW8<br>LEI: 213800VD256NU2D97H12 | Long             | DBT              | CORP              | NZ        |  25885000 | PA      | $25919687.19  | 0.21%             | 2029-01-22      | Floating      | 4.26%                 | No            |                  2 | On Loan: No      |
| CNO Global Funding                                              | CNO Global Funding                                                               | CUSIP: 18977W2G4<br>LEI: 6354008GTNR4833ULD48 | Long             | DBT              | CORP              | US        |  11296000 | PA      | $11442495.56  | 0.09%             | 2027-12-10      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BAT International Finance plc                                   | BAT International Finance plc                                                    | CUSIP: 05530QAN0<br>LEI: 21380041YBGOQDFAC823 | Long             | DBT              | CORP              | GB        |  15263000 | PA      | $15212578.22  | 0.12%             | 2026-03-25      | Fixed         | 1.67%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust                                 | BRAVO Residential Funding Trust, Series 2024-NQM5, Class A1                      | CUSIP: 105925AA9<br>LEI: 254900RBHU9OC1RNXD92 | Long             | ABS-MBS          | CORP              | US        |   7335957 | PA      | $7432038.63   | 0.06%             | 2064-06-25      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| National Bank of Canada                                         | National Bank of Canada                                                          | CUSIP: 63307A3A1<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |  20090000 | PA      | $20220420.46  | 0.16%             | 2027-07-02      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Ellington Financial Mortgage Trust, Series 2024-INV1, Class A1A | Ellington Financial Mortgage Trust, Series 2024-INV1, Class A1A                  | CUSIP: 268434AA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2509824 | PA      | $2554367.30   | 0.02%             | 2069-03-25      | Fixed         | 6.56%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                             | New Residential Mortgage Loan Trust, Series 2019-NQM4, Class A1                  | CUSIP: 64828EAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1061765 | PA      | $1027693.97   | 0.01%             | 2059-09-25      | Variable      | 2.49%                 | No            |                  2 | On Loan: No      |
| Volkswagen Group of America Finance LLC                         | Volkswagen Group of America Finance LLC                                          | CUSIP: 928668CK6<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |  26980000 | PA      | $27103911.05  | 0.22%             | 2026-08-14      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Cargill, Inc.                                                   | Cargill, Inc.                                                                    | CUSIP: 141781CC6<br>LEI: QXZYQNMR4JZ5RIRN4T31 | Long             | DBT              | CORP              | US        |  31820000 | PA      | $31897871.18  | 0.25%             | 2028-02-11      | Floating      | 4.30%                 | No            |                  2 | On Loan: No      |
| UDR, Inc.                                                       | UDR, Inc.                                                                        | CUSIP: 90352QBB2<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | STIV             | CORP              | US        |  20000000 | PA      | $19974736.00  | 0.16%             | 2026-02-11      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group plc                                        | Lloyds Banking Group plc                                                         | CUSIP: 539439AY5<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |  29107000 | PA      | $29397328.64  | 0.23%             | 2027-08-07      | Fixed         | 5.99%                 | No            |                  2 | On Loan: No      |
| Owens Corning                                                   | Owens Corning                                                                    | CUSIP: 690742AF8<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |  31196000 | PA      | $31083555.89  | 0.25%             | 2026-08-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| OBX Trust                                                       | OBX Trust, Series 2020-EXP3, Class 2A1                                           | CUSIP: 67448WBD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    150742 | PA      | $150718.29    | 0.00%             | 2060-01-25      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust                                 | BRAVO Residential Funding Trust, Series 2021-NQM1, Class A1                      | CUSIP: 10569TAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1776010 | PA      | $1647375.04   | 0.01%             | 2049-02-25      | Variable      | 0.94%                 | No            |                  2 | On Loan: No      |
| Mitsubishi UFJ Financial Group, Inc.                            | Mitsubishi UFJ Financial Group, Inc.                                             | CUSIP: 606822CL6<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |  23380000 | PA      | $23733710.88  | 0.19%             | 2028-07-20      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| Galton Funding Mortgage Trust                                   | Galton Funding Mortgage Trust, Series 2019-2, Class A22                          | CUSIP: 36418AAJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1376791 | PA      | $1265514.81   | 0.01%             | 2059-06-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                                        | Angel Oak Mortgage Trust, Series 2019-5, Class A1                                | CUSIP: 03464KAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    162101 | PA      | $160777.13    | 0.00%             | 2049-10-25      | Variable      | 2.59%                 | No            |                  2 | On Loan: No      |
| Mercedes-Benz Finance North America LLC                         | Mercedes-Benz Finance North America LLC                                          | CUSIP: 58769JAU1<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |  14112000 | PA      | $14293672.67  | 0.11%             | 2027-08-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                                | Bank of Montreal                                                                 | CUSIP: 06368MXW9<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |  49550000 | PA      | $49645510.60  | 0.39%             | 2028-09-22      | Floating      | 4.42%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group plc                                        | Lloyds Banking Group plc                                                         | CUSIP: 539439BC2<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |  18045000 | PA      | $18158798.63  | 0.14%             | 2029-06-13      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co., Inc.                              | General Motors Financial Co., Inc.                                               | CUSIP: 37045XEW2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |  21495000 | PA      | $21545416.95  | 0.17%             | 2027-07-15      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| UDR, Inc.                                                       | UDR, Inc.                                                                        | CUSIP: 90352QB30<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | STIV             | CORP              | US        |  20170000 | PA      | $20161570.96  | 0.16%             | 2026-02-03      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.                                 | Intercontinental Exchange, Inc.                                                  | CUSIP: 45856XB97<br>LEI: 5493000F4ZO33MV32P92 | Long             | STIV             | CORP              | US        |  27825000 | PA      | $27795036.47  | 0.22%             | 2026-02-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| RAMP Trust                                                      | RAMP Trust, Series 2006-EFC2, Class A4                                           | CUSIP: 749238AD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     61671 | PA      | $61572.76     | 0.00%             | 2036-12-25      | Floating      | 4.23%                 | No            |                  2 | On Loan: No      |
| Barclays plc                                                    | Barclays plc                                                                     | CUSIP: 06738EBY0<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |  31151000 | PA      | $31811560.07  | 0.25%             | 2028-08-09      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Phillips 66                                                     | Phillips 66                                                                      | CUSIP: 71855BBC5<br>LEI: 5493005JBO5YSIGK1814 | Long             | STIV             | CORP              | US        |  19425000 | PA      | $19398061.41  | 0.15%             | 2026-02-12      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| American Honda Finance Corp.                                    | American Honda Finance Corp., Series A                                           | CUSIP: 02665WGB1<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |  31945000 | PA      | $31989802.54  | 0.25%             | 2026-05-20      | Floating      | 4.32%                 | No            |                  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        |   8670000 | PA      | $8670755.76   | 0.07%             | 2029-01-12      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust                                  | Hyundai Auto Receivables Trust, Series 2023-B, Class A3                          | CUSIP: 44933XAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  18341367 | PA      | $18465370.71  | 0.15%             | 2028-04-17      | Fixed         | 5.48%                 | No            |                  2 | On Loan: No      |
| Arrow Electronics, Inc.                                         | Arrow Electronics, Inc.                                                          | CUSIP: 04273MB44<br>LEI: 549300YNNLBXT8N8R512 | Long             | STIV             | CORP              | US        |  33115000 | PA      | $33096700.65  | 0.26%             | 2026-02-04      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                                     | Capital One Financial Corp.                                                      | CUSIP: 14040HCZ6<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |  26958000 | PA      | $28222112.11  | 0.22%             | 2029-06-08      | Fixed         | 6.31%                 | No            |                  2 | On Loan: No      |
| Nationwide Building Society                                     | Nationwide Building Society                                                      | CUSIP: 63861VAL1<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |  27025000 | PA      | $27173870.46  | 0.22%             | 2029-07-14      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| BofA Auto Trust                                                 | BofA Auto Trust, Series 2025-1A, Class A2B                                       | CUSIP: 05594BAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2522654 | PA      | $2524476.17   | 0.02%             | 2027-11-22      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| Realty Income Corp.                                             | Realty Income Corp.                                                              | CUSIP: 756109BF0<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |  40050000 | PA      | $40088264.17  | 0.32%             | 2026-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Targa Resources Corp.                                           | Targa Resources Corp.                                                            | CUSIP: 87613LB24<br>LEI: 5493003QENHHS261UR94 | Long             | STIV             | CORP              | US        |  58490000 | PA      | $58471242.26  | 0.46%             | 2026-02-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                        | U.S. Treasury Notes                                                              | CUSIP: 91282CKK6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  48372000 | PA      | $48506436.43  | 0.39%             | 2026-04-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                                    | ING Groep NV                                                                     | CUSIP: 456837BQ5<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |  10000000 | PA      | $10161694.10  | 0.08%             | 2029-03-25      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| FNMA                                                            | FNMA, Series 2005-63, Class FC                                                   | CUSIP: 31394EGS1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    124673 | PA      | $123931.39    | 0.00%             | 2031-10-25      | Floating      | 4.06%                 | No            |                  2 | On Loan: No      |
| American Honda Finance Corp.                                    | American Honda Finance Corp.                                                     | CUSIP: 02665WGH8<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |  26500000 | PA      | $26627917.89  | 0.21%             | 2027-08-13      | Floating      | 4.40%                 | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                              | Canadian Imperial Bank of Commerce                                               | CUSIP: 13607PHT4<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |  11700000 | PA      | $11737537.58  | 0.09%             | 2027-09-11      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| STAR Trust                                                      | STAR Trust, Series 2021-1, Class A1                                              | CUSIP: 85573GAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2630976 | PA      | $2491313.61   | 0.02%             | 2065-05-25      | Variable      | 1.22%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group, Inc.                           | Sumitomo Mitsui Financial Group, Inc.                                            | CUSIP: 86562MCR9<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |  37249000 | PA      | $38379312.34  | 0.31%             | 2028-01-13      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| Arthur J Gallagher & Co.                                        | Arthur J Gallagher & Co.                                                         | CUSIP: 04316JAK5<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |  25981000 | PA      | $26285534.73  | 0.21%             | 2027-12-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Eli Lilly & Co.                                                 | Eli Lilly & Co.                                                                  | CUSIP: 532457DA3<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |  44240000 | PA      | $44555484.73  | 0.35%             | 2028-10-15      | Floating      | 4.19%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                                       | Towd Point Mortgage Trust, Series 2019-HY1, Class A1                             | CUSIP: 89177EAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1766287 | PA      | $1772056.54   | 0.01%             | 2048-10-25      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust                                 | BRAVO Residential Funding Trust, Series 2023-NQM4, Class A1                      | CUSIP: 10569YAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9250995 | PA      | $9288224.26   | 0.07%             | 2063-05-25      | Fixed         | 6.43%                 | No            |                  2 | On Loan: No      |
| Toyota Auto Receivables Owner Trust                             | Toyota Auto Receivables Owner Trust, Series 2025-D, Class A2B                    | CUSIP: 89231GAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  34777000 | PA      | $34800672.70  | 0.28%             | 2028-08-15      | Floating      | 4.03%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                                    | ING Groep NV                                                                     | CUSIP: 456837BF9<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |  22169000 | PA      | $22442506.27  | 0.18%             | 2027-09-11      | Fixed         | 6.08%                 | No            |                  2 | On Loan: No      |
| ABN AMRO Bank NV                                                | ABN AMRO Bank NV                                                                 | CUSIP: 00084DBD1<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |  10082000 | PA      | $10252429.86  | 0.08%             | 2028-12-03      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| State Street Corp.                                              | State Street Corp.                                                               | CUSIP: 857477CE1<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |  19120000 | PA      | $19169052.17  | 0.15%             | 2026-08-03      | Floating      | 4.53%                 | No            |                  2 | On Loan: No      |
| Banque Federative du Credit Mutuel SA                           | Banque Federative du Credit Mutuel SA                                            | CUSIP: 06675FBA4<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |  23865000 | PA      | $24079772.11  | 0.19%             | 2026-07-13      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| US Bank NA                                                      | US Bank NA                                                                       | CUSIP: 90331HPQ0<br>LEI: 6BYL5QZYBDK8S7L73M02 | Long             | DBT              | CORP              | US        |  10550000 | PA      | $10558757.34  | 0.08%             | 2027-10-22      | Floating      | 4.34%                 | No            |                  2 | On Loan: No      |
| PNC Bank NA                                                     | PNC Bank NA                                                                      | CUSIP: 69353RGA0<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |  10295000 | PA      | $10322731.85  | 0.08%             | 2028-07-21      | Floating      | 4.39%                 | No            |                  2 | On Loan: No      |
| Essex Portfolio LP                                              | Essex Portfolio LP                                                               | CUSIP: 29717PAQ0<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              | CORP              | US        |  10138000 | PA      | $10124870.58  | 0.08%             | 2026-04-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Capital One Multi-Asset Execution Trust                         | Capital One Multi-Asset Execution Trust, Series 2019-A3, Class A3                | CUSIP: 14041NFV8<br>LEI: R42WS16M9R97TJJKGU15 | Long             | ABS-O            | CORP              | US        |  28683000 | PA      | $28417570.39  | 0.23%             | 2028-08-15      | Fixed         | 2.06%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Bank USA                                          | Goldman Sachs Bank USA                                                           | CUSIP: 38151LAG5<br>LEI: KD3XUN7C6T14HNAYLU02 | Long             | DBT              | CORP              | US        |  21870000 | PA      | $21965562.50  | 0.17%             | 2027-05-21      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group plc                                        | Lloyds Banking Group plc                                                         | CUSIP: 539439BB4<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   8775000 | PA      | $8831413.60   | 0.07%             | 2028-11-26      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Trust Bank Ltd.                                 | Sumitomo Mitsui Trust Bank Ltd.                                                  | CUSIP: 86563VCC1<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |  27750000 | PA      | $27864438.23  | 0.22%             | 2028-09-11      | Floating      | 4.42%                 | No            |                  2 | On Loan: No      |
| Ameriquest Mortgage Securities, Inc.                            | Ameriquest Mortgage Securities, Inc., Series 2005-R9, Class M1                   | CUSIP: 03072SQ32<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1461533 | PA      | $1453565.55   | 0.01%             | 2035-11-25      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| Barclays plc                                                    | Barclays plc                                                                     | CUSIP: 06738ECJ2<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |  26815000 | PA      | $27202804.43  | 0.22%             | 2027-09-13      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fifth Third Bank NA                                             | Fifth Third Bank NA                                                              | CUSIP: 31677QBU2<br>LEI: QFROUN1UWUYU0DVIWD51 | Long             | DBT              | CORP              | US        |  17664000 | PA      | $17820023.64  | 0.14%             | 2028-01-28      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| Barclays plc                                                    | Barclays plc                                                                     | CUSIP: 06738ECQ6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   7754000 | PA      | $7829516.67   | 0.06%             | 2028-03-12      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| BMW US Capital LLC                                              | BMW US Capital LLC                                                               | CUSIP: 05565ECU7<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |  27726000 | PA      | $27951260.44  | 0.22%             | 2027-03-19      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                           | Athene Global Funding                                                            | CUSIP: 04685A4T5<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |  22450000 | PA      | $22514446.32  | 0.18%             | 2028-09-18      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| Mutual of Omaha Cos. Global Funding                             | Mutual of Omaha Cos. Global Funding                                              | CUSIP: 62829D2A7<br>LEI: 635400AL5J3F1ZPTAN95 | Long             | DBT              | CORP              | US        |  21220000 | PA      | $21396309.55  | 0.17%             | 2026-07-27      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                            | Royal Bank of Canada                                                             | CUSIP: 78016HZY9<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |  42037000 | PA      | $42095171.64  | 0.33%             | 2027-07-23      | Floating      | 4.44%                 | No            |                  2 | On Loan: No      |
| Pfizer, Inc.                                                    | Pfizer, Inc.                                                                     | CUSIP: 717081FC2<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |  13175000 | PA      | $13230797.84  | 0.11%             | 2027-11-15      | Floating      | 4.18%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group plc                                        | Lloyds Banking Group plc                                                         | CUSIP: 53944YAW3<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |  17173000 | PA      | $17280103.19  | 0.14%             | 2027-08-07      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group, Inc. (The)                        | PNC Financial Services Group, Inc. (The)                                         | CUSIP: 693475CH6<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |  26005000 | PA      | $26051364.57  | 0.21%             | 2029-01-26      | Floating      | 4.28%                 | No            |                  2 | On Loan: No      |
| National Bank of Canada                                         | National Bank of Canada                                                          | CUSIP: 63307A3L7<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |  21715000 | PA      | $21757568.78  | 0.17%             | 2029-01-20      | Floating      | 4.43%                 | No            |                  2 | On Loan: No      |
| Broadcom, Inc.                                                  | Broadcom, Inc.                                                                   | CUSIP: 11135FBZ3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   8157000 | PA      | $8304202.53   | 0.07%             | 2027-07-12      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                         | Hyundai Capital America                                                          | CUSIP: 44891ADJ3<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |  23376000 | PA      | $23486151.69  | 0.19%             | 2027-09-24      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| Alimentation Couche-Tard, Inc.                                  | Alimentation Couche-Tard, Inc.                                                   | CUSIP: 01626PAW6<br>LEI: 549300OSW32RVX8CCZ87 | Long             | DBT              | CORP              | CA        |  30740000 | PA      | $30783820.79  | 0.24%             | 2028-09-29      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Toyota Auto Receivables Owner Trust                             | Toyota Auto Receivables Owner Trust, Series 2022-C, Class A3                     | CUSIP: 89231CAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    511726 | PA      | $511384.77    | 0.00%             | 2027-04-15      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.                                 | Intercontinental Exchange, Inc.                                                  | CUSIP: 45856XB55<br>LEI: 5493000F4ZO33MV32P92 | Long             | STIV             | CORP              | US        |  20000000 | PA      | $19987270.00  | 0.16%             | 2026-02-05      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co., Inc.                              | General Motors Financial Co., Inc.                                               | CUSIP: 37045XEF9<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |  21955000 | PA      | $22012988.42  | 0.18%             | 2026-04-06      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| John Deere Capital Corp.                                        | John Deere Capital Corp.                                                         | CUSIP: 24422EYA1<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |  37895000 | PA      | $38067548.82  | 0.30%             | 2028-03-06      | Floating      | 4.17%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group, Inc.                           | Sumitomo Mitsui Financial Group, Inc.                                            | CUSIP: 86562MEH9<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |  17480000 | PA      | $17502156.07  | 0.14%             | 2029-01-15      | Floating      | 4.42%                 | No            |                  2 | On Loan: No      |
| Mitsubishi UFJ Financial Group, Inc.                            | Mitsubishi UFJ Financial Group, Inc.                                             | CUSIP: 606822CE2<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |   9185000 | PA      | $9196228.85   | 0.07%             | 2028-04-19      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| National Australia Bank Ltd.                                    | National Australia Bank Ltd.                                                     | CUSIP: 632525CN9<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | DBT              | CORP              | AU        |  25825000 | PA      | $25851144.20  | 0.21%             | 2028-12-13      | Floating      | 4.20%                 | No            |                  2 | On Loan: No      |
| Macquarie Bank Ltd.                                             | Macquarie Bank Ltd.                                                              | CUSIP: 55608PBY9<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |  36035000 | PA      | $36239909.42  | 0.29%             | 2028-06-12      | Floating      | 4.41%                 | No            |                  2 | On Loan: No      |
| National Bank of Canada                                         | National Bank of Canada                                                          | CUSIP: 63307A3A1<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |   9584000 | PA      | $9646217.51   | 0.08%             | 2027-07-02      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                                 | Goldman Sachs Group, Inc. (The)                                                  | CUSIP: 38141GVX9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   1029000 | PA      | $1040154.98   | 0.01%             | 2027-10-28      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| Banque Federative du Credit Mutuel SA                           | Banque Federative du Credit Mutuel SA                                            | CUSIP: 06675DCR1<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |  20026000 | PA      | $20258528.29  | 0.16%             | 2028-10-16      | Fixed         | 4.59%                 | No            |                  2 | On Loan: No      |
| State Street Corp.                                              | State Street Corp.                                                               | CUSIP: 857477CQ4<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |  15722000 | PA      | $15802746.15  | 0.13%             | 2027-10-22      | Floating      | 4.29%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                                | Bank of Montreal                                                                 | CUSIP: 06368MJH8<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |   6747000 | PA      | $6771647.26   | 0.05%             | 2029-01-27      | Floating      | 4.52%                 | No            |                  2 | On Loan: No      |
| Arroyo Mortgage Trust                                           | Arroyo Mortgage Trust, Series 2019-2, Class A1                                   | CUSIP: 042858AA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1685342 | PA      | $1651372.70   | 0.01%             | 2049-04-25      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| ABN AMRO Bank NV                                                | ABN AMRO Bank NV                                                                 | CUSIP: 00084DBD1<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |  32107000 | PA      | $32649748.61  | 0.26%             | 2028-12-03      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| Philip Morris International, Inc.                               | Philip Morris International, Inc.                                                | CUSIP: 718172DS5<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |  45700000 | PA      | $45995895.16  | 0.37%             | 2028-04-28      | Floating      | 4.48%                 | No            |                  2 | On Loan: No      |
| Georgia Power Co.                                               | Georgia Power Co.                                                                | CUSIP: 373334KZ3<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |  13615000 | PA      | $13618836.30  | 0.11%             | 2026-09-15      | Floating      | 3.96%                 | No            |                  2 | On Loan: No      |
| Camden Property Trust                                           | Camden Property Trust                                                            | CUSIP: 133131BA9<br>LEI: 5493002MYX22OHYJBD89 | Long             | DBT              | CORP              | US        |  41027000 | PA      | $41556055.47  | 0.33%             | 2026-11-03      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Jefferies Financial Group, Inc.                                 | Jefferies Financial Group, Inc.                                                  | CUSIP: 47233WKS7<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |  48535000 | PA      | $48675808.77  | 0.39%             | 2026-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Arrow Electronics, Inc.                                         | Arrow Electronics, Inc.                                                          | CUSIP: 04273MB69<br>LEI: 549300YNNLBXT8N8R512 | Long             | STIV             | CORP              | US        |  33240000 | PA      | $33214212.41  | 0.26%             | 2026-02-06      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Home Depot, Inc. (The)                                          | Home Depot, Inc. (The)                                                           | CUSIP: 437076DH2<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |   8840000 | PA      | $8848203.43   | 0.07%             | 2028-09-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Plains All American Pipeline LP                                 | Plains All American Pipeline LP                                                  | CUSIP: 72650XB99<br>LEI: 5521FA2ITF25TVH63740 | Long             | STIV             | CORP              | US        |  29570000 | PA      | $29538936.72  | 0.23%             | 2026-02-09      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                                             | Intesa Sanpaolo SpA                                                              | CUSIP: 46115HBD8<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |   8705000 | PA      | $8661338.68   | 0.07%             | 2028-01-12      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                              | Energy Transfer LP                                                               | CUSIP: 29277FB26<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | STIV             | CORP              | US        |  23485000 | PA      | $23477545.86  | 0.19%             | 2026-02-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| John Deere Capital Corp.                                        | John Deere Capital Corp.                                                         | CUSIP: 24422EXS3<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |  41230000 | PA      | $41425290.84  | 0.33%             | 2027-06-11      | Floating      | 4.27%                 | No            |                  2 | On Loan: No      |
| Societe Generale SA                                             | Societe Generale SA                                                              | CUSIP: 83368RCA8<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |  21460000 | PA      | $21565014.08  | 0.17%             | 2027-02-19      | Floating      | 4.78%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                                 | Goldman Sachs Group, Inc. (The)                                                  | CUSIP: 38141GC85<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |  22575000 | PA      | $22770526.36  | 0.18%             | 2028-04-23      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                                                | COLT Funding LLC, Series 2021-3R, Class A1                                       | CUSIP: 19688DAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1303570 | PA      | $1217497.29   | 0.01%             | 2064-12-25      | Variable      | 1.05%                 | No            |                  2 | On Loan: No      |
| Corebridge Global Funding                                       | Corebridge Global Funding                                                        | CUSIP: 00138CAY4<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |  23645000 | PA      | $23777904.76  | 0.19%             | 2026-06-24      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Principal Life Global Funding II                                | Principal Life Global Funding II                                                 | CUSIP: 7425APAC9<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |  22125000 | PA      | $22154960.79  | 0.18%             | 2028-08-18      | Floating      | 4.50%                 | No            |                  2 | On Loan: No      |
| Dominion Energy, Inc.                                           | Dominion Energy, Inc.                                                            | CUSIP: 25746UDY2<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |  11190000 | PA      | $11334792.56  | 0.09%             | 2028-05-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| ONEOK, Inc.                                                     | ONEOK, Inc.                                                                      | CUSIP: 68269FB99<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | STIV             | CORP              | US        |  22590000 | PA      | $22566129.15  | 0.18%             | 2026-02-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Public Storage Operating Co.                                    | Public Storage Operating Co.                                                     | CUSIP: 74464AAA9<br>LEI: 549300LMZF40TKJ6DM64 | Long             | DBT              | CORP              | US        |  36921000 | PA      | $37054930.93  | 0.29%             | 2027-04-16      | Floating      | 4.36%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                            | Royal Bank of Canada, Series 1                                                   | CUSIP: 78017DAP3<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |  34742000 | PA      | $34782812.47  | 0.28%             | 2028-11-03      | Floating      | 4.39%                 | No            |                  2 | On Loan: No      |
| Metropolitan Life Global Funding I                              | Metropolitan Life Global Funding I                                               | CUSIP: 592179KS3<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |  37858000 | PA      | $37964558.16  | 0.30%             | 2028-08-25      | Floating      | 4.39%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                                        | Angel Oak Mortgage Trust, Series 2020-3, Class A1                                | CUSIP: 03465LAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5129134 | PA      | $4947222.12   | 0.04%             | 2065-04-25      | Variable      | 1.69%                 | No            |                  2 | On Loan: No      |
| Commonwealth Bank of Australia                                  | Commonwealth Bank of Australia                                                   | CUSIP: 2027A0KV0<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |  36945000 | PA      | $37072721.08  | 0.29%             | 2026-11-27      | Floating      | 4.12%                 | No            |                  2 | On Loan: No      |
| American Tower Corp.                                            | American Tower Corp.                                                             | CUSIP: 03027XBV1<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |  14852000 | PA      | $14801878.06  | 0.12%             | 2027-03-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Bank USA                                          | Goldman Sachs Bank USA                                                           | CUSIP: 38151LAH3<br>LEI: KD3XUN7C6T14HNAYLU02 | Long             | DBT              | CORP              | US        |  59372000 | PA      | $59445897.95  | 0.47%             | 2027-05-21      | Floating      | 4.43%                 | No            |                  2 | On Loan: No      |
| GA Global Funding Trust                                         | GA Global Funding Trust                                                          | CUSIP: 36143L2N4<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |  30700000 | PA      | $30816262.13  | 0.25%             | 2027-09-23      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                               | Wells Fargo & Co.                                                                | CUSIP: 95000U2F9<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |  12349000 | PA      | $12312512.29  | 0.10%             | 2027-06-17      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Banque Federative du Credit Mutuel SA                           | Banque Federative du Credit Mutuel SA                                            | CUSIP: 06675DCQ3<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |  26682000 | PA      | $26837429.32  | 0.21%             | 2028-10-16      | Floating      | 4.65%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                                 | Goldman Sachs Group, Inc. (The)                                                  | CUSIP: 38141GD76<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |  25940000 | PA      | $25951204.00  | 0.21%             | 2029-01-21      | Floating      | 4.37%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA                                        | Cooperatieve Rabobank UA                                                         | CUSIP: 21688ABN1<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |  18025000 | PA      | $18096258.95  | 0.14%             | 2027-05-27      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| Toyota Motor Credit Corp.                                       | Toyota Motor Credit Corp.                                                        | CUSIP: 89236TNS0<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |  44422000 | PA      | $44742408.33  | 0.36%             | 2028-09-05      | Floating      | 4.39%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co., Inc.                              | General Motors Financial Co., Inc.                                               | CUSIP: 37046UE56<br>LEI: 5493008B6JBRUJ90QL97 | Long             | STIV             | CORP              | US        |   7925000 | PA      | $7842323.23   | 0.06%             | 2026-05-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                                     | Capital One Financial Corp.                                                      | CUSIP: 14040HDB8<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |  46765000 | PA      | $47776070.99  | 0.38%             | 2027-10-29      | Fixed         | 7.15%                 | No            |                  2 | On Loan: No      |
| US Bank NA                                                      | US Bank NA                                                                       | CUSIP: 90331HPP2<br>LEI: 6BYL5QZYBDK8S7L73M02 | Long             | DBT              | CORP              | US        |  47828000 | PA      | $48032130.38  | 0.38%             | 2027-10-22      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| Daimler Truck Finance North America LLC                         | Daimler Truck Finance North America LLC                                          | CUSIP: 233853BB5<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |  13552000 | PA      | $13571083.52  | 0.11%             | 2028-01-13      | Floating      | 4.51%                 | No            |                  2 | On Loan: No      |
| GNMA                                                            | GNMA, Series 2009-32, Class AB                                                   | CUSIP: 38374UBP5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      2776 | PA      | $2759.29      | 0.00%             | 2039-05-16      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CSMC Trust                                                      | CSMC Trust, Series 2020-AFC1, Class A1                                           | CUSIP: 12597MAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5005226 | PA      | $4830997.23   | 0.04%             | 2050-02-25      | Variable      | 3.24%                 | No            |                  2 | On Loan: No      |
| Veralto Corp.                                                   | Veralto Corp.                                                                    | CUSIP: 92338CAB9<br>LEI: 635400FJE6GSOJUSNY27 | Long             | DBT              | CORP              | US        |  25729000 | PA      | $25964946.25  | 0.21%             | 2026-09-18      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                    | UBS Group AG                                                                     | CUSIP: 225401BC1<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   8865000 | PA      | $9040871.76   | 0.07%             | 2027-12-22      | Fixed         | 6.33%                 | No            |                  2 | On Loan: No      |
| Targa Resources Corp.                                           | Targa Resources Corp.                                                            | CUSIP: 87613LBB4<br>LEI: 5493003QENHHS261UR94 | Long             | STIV             | CORP              | US        |  22340000 | PA      | $22311295.33  | 0.18%             | 2026-02-11      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Agree LP                                                        | Agree LP                                                                         | CUSIP: 00852XB54<br>LEI: 549300DXY3G299V1BO77 | Long             | STIV             | CORP              | US        |  40650000 | PA      | $40622666.94  | 0.32%             | 2026-02-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Constellation Energy Generation LLC                             | Constellation Energy Generation LLC                                              | CUSIP: 210385AN0<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |  13020000 | PA      | $13045790.15  | 0.10%             | 2028-01-08      | Floating      | 4.26%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp.                                                | CVS Health Corp.                                                                 | CUSIP: 126650CU2<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |  28549000 | PA      | $28445311.46  | 0.23%             | 2026-06-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Philip Morris International, Inc.                               | Philip Morris International, Inc.                                                | CUSIP: 718172DM8<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |  24295000 | PA      | $24537389.51  | 0.20%             | 2027-11-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Bank NA                                          | Morgan Stanley Bank NA                                                           | CUSIP: 61690DK64<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |  13738000 | PA      | $13801517.37  | 0.11%             | 2029-01-12      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| National Australia Bank Ltd.                                    | National Australia Bank Ltd.                                                     | CUSIP: 632525BQ3<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | DBT              | CORP              | AU        |  18673000 | PA      | $18750376.99  | 0.15%             | 2027-06-11      | Floating      | 4.29%                 | No            |                  2 | On Loan: No      |
| Boston Properties LP                                            | Boston Properties LP                                                             | CUSIP: 10113CBK1<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | STIV             | CORP              | US        |  17545000 | PA      | $17507155.44  | 0.14%             | 2026-02-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                         | Hyundai Capital America                                                          | CUSIP: 44891ACX3<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |  32399000 | PA      | $32853884.55  | 0.26%             | 2027-03-19      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| American Honda Finance Corp.                                    | American Honda Finance Corp.                                                     | CUSIP: 02665WGA3<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |  18335000 | PA      | $18374566.01  | 0.15%             | 2026-12-11      | Floating      | 4.28%                 | No            |                  2 | On Loan: No      |
| Phillips 66 Co.                                                 | Phillips 66 Co.                                                                  | CUSIP: 718547AF9<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |  10623000 | PA      | $10599410.99  | 0.08%             | 2026-10-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                                    | ING Groep NV                                                                     | CUSIP: 456837BP7<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |  19540000 | PA      | $19606554.02  | 0.16%             | 2029-03-25      | Floating      | 4.66%                 | No            |                  2 | On Loan: No      |
| National Bank of Canada                                         | National Bank of Canada                                                          | CUSIP: 63307A3K9<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |  30405000 | PA      | $30480207.07  | 0.24%             | 2029-01-20      | Fixed         | 4.17%                 | No            |                  2 | On Loan: No      |
| Ovintiv, Inc.                                                   | Ovintiv, Inc.                                                                    | CUSIP: 69047KBL8<br>LEI: 2549003MEX7YMKLGI239 | Long             | STIV             | CORP              | US        |   3575000 | PA      | $3566318.47   | 0.03%             | 2026-02-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group plc                                        | Lloyds Banking Group plc                                                         | CUSIP: 53944YBC6<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |  10658000 | PA      | $10854066.70  | 0.09%             | 2028-11-26      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                            | Royal Bank of Canada                                                             | CUSIP: 78017FZR7<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |  23350000 | PA      | $23426913.03  | 0.19%             | 2027-10-18      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                           | FHLMC, Series 3724, Class CM                                                     | CUSIP: 3137A1Z30<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     39853 | PA      | $41996.97     | 0.00%             | 2037-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Credit Agricole SA                                              | Credit Agricole SA                                                               | CUSIP: 22534PAE3<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |  33415000 | PA      | $33654079.65  | 0.27%             | 2026-07-05      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| ONEOK, Inc.                                                     | ONEOK, Inc.                                                                      | CUSIP: 682680BJ1<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   2243000 | PA      | $2330065.81   | 0.02%             | 2028-11-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| American Tower Corp.                                            | American Tower Corp.                                                             | CUSIP: 03027XAK6<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |   9406000 | PA      | $9368754.03   | 0.07%             | 2026-10-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Ameren Corp.                                                    | Ameren Corp.                                                                     | CUSIP: 023608AP7<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | DBT              | CORP              | US        |  26006000 | PA      | $26349666.17  | 0.21%             | 2026-12-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                                     | Capital One Financial Corp.                                                      | CUSIP: 14040HCS2<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |  32804000 | PA      | $33150973.81  | 0.26%             | 2028-05-10      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                         | Hyundai Capital America                                                          | CUSIP: 44891ADP9<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   9811000 | PA      | $9900590.81   | 0.08%             | 2027-03-25      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                             | New Residential Mortgage Loan Trust, Series 2020-NQM1, Class A1                  | CUSIP: 64830VAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    820088 | PA      | $777746.14    | 0.01%             | 2060-01-26      | Variable      | 2.46%                 | No            |                  2 | On Loan: No      |
| ABN AMRO Bank NV                                                | ABN AMRO Bank NV                                                                 | CUSIP: 00084DBJ8<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |  22340000 | PA      | $22449424.22  | 0.18%             | 2028-07-07      | Floating      | 4.41%                 | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                                             | Intesa Sanpaolo SpA                                                              | CUSIP: 46115K6X3<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | STIV             | CORP              | IT        |  46645000 | PA      | $46656376.72  | 0.37%             | 2027-01-14      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| ERAC USA Finance LLC                                            | ERAC USA Finance LLC                                                             | CUSIP: 26882SBJ4<br>LEI: LTKX5ODQW6Z7BQ2K1V47 | Long             | STIV             | CORP              | US        |  28440000 | PA      | $28381456.26  | 0.23%             | 2026-02-18      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Ameriquest Mortgage Securities, Inc.                            | Ameriquest Mortgage Securities, Inc., Series 2004-R5, Class M1                   | CUSIP: 03072SRX5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     16736 | PA      | $16733.03     | 0.00%             | 2034-07-25      | Floating      | 4.66%                 | No            |                  2 | On Loan: No      |
| Toyota Motor Credit Corp.                                       | Toyota Motor Credit Corp.                                                        | CUSIP: 89236TML6<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |   9386000 | PA      | $9413906.74   | 0.07%             | 2026-08-07      | Floating      | 4.45%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                    | UBS Group AG                                                                     | CUSIP: 225401AC2<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |  55035000 | PA      | $55162332.83  | 0.44%             | 2028-01-09      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| Santander UK Group Holdings plc                                 | Santander UK Group Holdings plc                                                  | CUSIP: 80281LAT2<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |  42000000 | PA      | $43855796.04  | 0.35%             | 2029-01-10      | Fixed         | 6.53%                 | No            |                  2 | On Loan: No      |
| Jackson National Life Short Term Funding LLC                    | Jackson National Life Short Term Funding LLC                                     | CUSIP: 46850CBD8<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |  13690000 | PA      | $13670327.47  | 0.11%             | 2026-02-13      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Amphenol Corp.                                                  | Amphenol Corp.                                                                   | CUSIP: 032095AW1<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |  17405000 | PA      | $17400995.11  | 0.14%             | 2027-11-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| CSMC Trust                                                      | CSMC Trust, Series 2019-NQM1, Class A1                                           | CUSIP: 12655VAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    763816 | PA      | $759527.18    | 0.01%             | 2059-10-25      | Fixed         | 3.66%                 | No            |                  2 | On Loan: No      |
| Banco Santander SA                                              | Banco Santander SA                                                               | CUSIP: 05964HAX3<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |  25668000 | PA      | $26148815.03  | 0.21%             | 2027-11-07      | Fixed         | 6.53%                 | No            |                  2 | On Loan: No      |
| NatWest Group plc                                               | NatWest Group plc                                                                | CUSIP: 639057AJ7<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |  30746000 | PA      | $30788521.72  | 0.24%             | 2027-03-02      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Boston Properties LP                                            | Boston Properties LP                                                             | CUSIP: 10112RAY0<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |  32334000 | PA      | $32049782.20  | 0.25%             | 2026-10-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                               | Wells Fargo & Co.                                                                | CUSIP: 95000U3L5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |  17462000 | PA      | $17815013.89  | 0.14%             | 2028-04-22      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                    | UBS Group AG                                                                     | CUSIP: 225401AV0<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   9217000 | PA      | $9535577.68   | 0.08%             | 2028-08-11      | Fixed         | 6.44%                 | No            |                  2 | On Loan: No      |
| Toyota Auto Loan Extended Note Trust                            | Toyota Auto Loan Extended Note Trust, Series 2021-1A, Class A                    | CUSIP: 89237MAA7<br>LEI: 54930055QDKD6LCRW256 | Long             | ABS-O            | CORP              | US        |   9021000 | PA      | $9004600.72   | 0.07%             | 2034-02-27      | Fixed         | 1.07%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                  | Morgan Stanley, Series I                                                         | CUSIP: 61748UAJ1<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |  34870000 | PA      | $35062046.18  | 0.28%             | 2029-10-18      | Floating      | 4.58%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                         | BPCE SA                                                                          | CUSIP: 05583JAC6<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |  34557000 | PA      | $34225901.09  | 0.27%             | 2027-10-23      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MFA Trust                                                       | MFA Trust, Series 2020-NQM1, Class A1                                            | CUSIP: 552754AA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    470333 | PA      | $460192.76    | 0.00%             | 2065-03-25      | Variable      | 2.48%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA                                        | Cooperatieve Rabobank UA                                                         | CUSIP: 74977RDN1<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |  21167000 | PA      | $21083628.06  | 0.17%             | 2028-04-06      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Capital One Prime Auto Receivables Trust                        | Capital One Prime Auto Receivables Trust, Series 2025-1, Class A2B               | CUSIP: 14043YAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  57653000 | PA      | $57688940.88  | 0.46%             | 2029-01-16      | Floating      | 4.04%                 | No            |                  2 | On Loan: No      |
| Eli Lilly & Co.                                                 | Eli Lilly & Co.                                                                  | CUSIP: 532457DB1<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |  17690000 | PA      | $17825585.01  | 0.14%             | 2028-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Met Tower Global Funding                                        | Met Tower Global Funding                                                         | CUSIP: 58989V2M5<br>LEI: 635400OFJCY9IOGBGY57 | Long             | DBT              | CORP              | US        |  21755000 | PA      | $21723740.68  | 0.17%             | 2029-01-14      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Huntington Bancshares, Inc.                                     | Huntington Bancshares, Inc.                                                      | CUSIP: 446150BB9<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |   7315000 | PA      | $7358915.68   | 0.06%             | 2028-08-04      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group, Inc. (The)                        | PNC Financial Services Group, Inc. (The)                                         | CUSIP: 693475BY0<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |  19988000 | PA      | $20096192.45  | 0.16%             | 2027-07-23      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Sabine Pass Liquefaction LLC                                    | Sabine Pass Liquefaction LLC                                                     | CUSIP: 785592AV8<br>LEI: 549300KJYBG7C6WJYZ11 | Long             | DBT              | CORP              | US        |    458000 | PA      | $458504.40    | 0.00%             | 2026-06-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Bunge Ltd. Finance Corp.                                        | Bunge Ltd. Finance Corp.                                                         | CUSIP: 12057BB92<br>LEI: 549300QHC068L40NNM71 | Long             | STIV             | CORP              | US        |  41895000 | PA      | $41850641.57  | 0.33%             | 2026-02-09      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                            | Royal Bank of Canada                                                             | CUSIP: 78017DAB4<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |  36742000 | PA      | $36829203.46  | 0.29%             | 2029-01-24      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| American Express Co.                                            | American Express Co.                                                             | CUSIP: 025816DQ9<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |  28255000 | PA      | $28339876.32  | 0.23%             | 2028-02-16      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| Toyota Motor Credit Corp.                                       | Toyota Motor Credit Corp.                                                        | CUSIP: 89236TNZ4<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |  35000000 | PA      | $35213135.30  | 0.28%             | 2027-11-18      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust                                  | Hyundai Auto Receivables Trust, Series 2023-A, Class A3                          | CUSIP: 448979AD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1944046 | PA      | $1945290.68   | 0.02%             | 2027-04-15      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| Boeing Co. (The)                                                | Boeing Co. (The)                                                                 | CUSIP: 097023DG7<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |  61036000 | PA      | $61025639.14  | 0.49%             | 2026-02-04      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Long Beach Mortgage Loan Trust                                  | Long Beach Mortgage Loan Trust, Series 2004-1, Class M1                          | CUSIP: 542514EU4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    159335 | PA      | $157929.18    | 0.00%             | 2034-02-25      | Floating      | 4.54%                 | No            |                  2 | On Loan: No      |
| Putnam Short Term Investment Fund                               | Putnam Short Term Investment Fund, Class P                                       | CUSIP: 74676P664<br>LEI: 549300S9JYWEMKQCLW53 | Long             |  | RF                | US        |     14687 | NS      | $14686.54     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GE HealthCare Technologies, Inc.                                | GE HealthCare Technologies, Inc.                                                 | CUSIP: 36266GAD9<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |   6100000 | PA      | $6119982.14   | 0.05%             | 2028-12-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                    | UBS Group AG                                                                     | CUSIP: 225401AV0<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |  16825000 | PA      | $17406541.66  | 0.14%             | 2028-08-11      | Fixed         | 6.44%                 | No            |                  2 | On Loan: No      |
| Kroger Co. (The)                                                | Kroger Co. (The)                                                                 | CUSIP: 501044DE8<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |  11223000 | PA      | $11124710.99  | 0.09%             | 2026-10-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Barclays plc                                                    | Barclays plc                                                                     | CUSIP: 06738ECQ6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   7995000 | PA      | $8072863.78   | 0.06%             | 2028-03-12      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                    | UBS Group AG                                                                     | CUSIP: 225401BC1<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   9435000 | PA      | $9622179.93   | 0.08%             | 2027-12-22      | Fixed         | 6.33%                 | No            |                  2 | On Loan: No      |
| RASC Trust                                                      | RASC Trust, Series 2006-KS3, Class M1                                            | CUSIP: 76113ABL4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    213457 | PA      | $212850.91    | 0.00%             | 2036-04-25      | Floating      | 4.28%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                           | NextEra Energy Capital Holdings, Inc.                                            | CUSIP: 65339KDH0<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |  18145000 | PA      | $18255906.78  | 0.15%             | 2028-02-04      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group plc                                        | Lloyds Banking Group plc                                                         | CUSIP: 53944YBC6<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   9270000 | PA      | $9440532.77   | 0.08%             | 2028-11-26      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| Novartis Capital Corp.                                          | Novartis Capital Corp.                                                           | CUSIP: 66989HBD9<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |  21785000 | PA      | $21910053.31  | 0.17%             | 2028-11-05      | Floating      | 4.20%                 | No            |                  2 | On Loan: No      |
| Mid-America Apartments LP                                       | Mid-America Apartments LP                                                        | CUSIP: 59524PB30<br>LEI: 549300FXWGE3QSYCUJ38 | Long             | STIV             | CORP              | US        |  15205000 | PA      | $15198609.34  | 0.12%             | 2026-02-03      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Penske Truck Leasing Co. LP                                     | Penske Truck Leasing Co. LP                                                      | CUSIP: 70962BCQ5<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | STIV             | CORP              | US        |  16720000 | PA      | $16620873.81  | 0.13%             | 2026-03-24      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co., Inc.                              | General Motors Financial Co., Inc.                                               | CUSIP: 37046UF30<br>LEI: 5493008B6JBRUJ90QL97 | Long             | STIV             | CORP              | US        |  21950000 | PA      | $21645511.80  | 0.17%             | 2026-06-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York Life Global Funding                                    | New York Life Global Funding                                                     | CUSIP: 64953BCA4<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |  26585000 | PA      | $26721730.11  | 0.21%             | 2028-07-25      | Floating      | 4.32%                 | No            |                  2 | On Loan: No      |
| Owens Corning                                                   | Owens Corning                                                                    | CUSIP: 690742AN1<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |  15428000 | PA      | $15731296.12  | 0.13%             | 2027-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Merck & Co., Inc.                                               | Merck & Co., Inc.                                                                | CUSIP: 58933YBV6<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |  26235000 | PA      | $26324017.19  | 0.21%             | 2029-03-15      | Floating      | 4.24%                 | No            |                  2 | On Loan: No      |
| Toyota Motor Credit Corp.                                       | Toyota Motor Credit Corp., Series B                                              | CUSIP: 89236TPG4<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |  17400000 | PA      | $17425205.81  | 0.14%             | 2028-01-12      | Floating      | 4.12%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group, Inc.                           | Sumitomo Mitsui Financial Group, Inc.                                            | CUSIP: 86562MEJ5<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |  13055000 | PA      | $13060413.91  | 0.10%             | 2029-01-15      | Fixed         | 4.11%                 | No            |                  2 | On Loan: No      |
| National Bank of Canada                                         | National Bank of Canada                                                          | CUSIP: 63307A2Z7<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |  18800000 | PA      | $18842439.68  | 0.15%             | 2027-07-02      | Floating      | 4.68%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                  | Morgan Stanley                                                                   | CUSIP: 61761J3R8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   9596000 | PA      | $9561966.35   | 0.08%             | 2026-07-27      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Trust Bank Ltd.                                 | Sumitomo Mitsui Trust Bank Ltd.                                                  | CUSIP: 86564XC93<br>LEI: 5493006GGLR4BTEL8O61 | Long             | STIV             | CORP              | JP        |  38420000 | PA      | $38269116.98  | 0.30%             | 2026-03-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| AEGON Funding Co. LLC                                           | AEGON Funding Co. LLC                                                            | CUSIP: 00775VAA2<br>LEI: KEIOKM01PSK5VZ5CCI74 | Long             | DBT              | CORP              | US        |  52996000 | PA      | $53784893.69  | 0.43%             | 2027-04-16      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA                                        | Cooperatieve Rabobank UA                                                         | CUSIP: 74977RDN1<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |  12650000 | PA      | $12600174.56  | 0.10%             | 2028-04-06      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Bunge Ltd. Finance Corp.                                        | Bunge Ltd. Finance Corp.                                                         | CUSIP: 12057BB35<br>LEI: 549300QHC068L40NNM71 | Long             | STIV             | CORP              | US        |  29185000 | PA      | $29172704.36  | 0.23%             | 2026-02-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Life Global Funding I                              | Metropolitan Life Global Funding I                                               | CUSIP: 592179KM6<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |  30442000 | PA      | $30565441.09  | 0.24%             | 2027-06-11      | Floating      | 4.37%                 | No            |                  2 | On Loan: No      |
| Caterpillar Financial Services Corp.                            | Caterpillar Financial Services Corp.                                             | CUSIP: 14913UAT7<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |  36989000 | PA      | $37185442.29  | 0.30%             | 2027-11-15      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| Georgia-Pacific LLC                                             | Georgia-Pacific LLC                                                              | CUSIP: 37331NAR2<br>LEI: L2EVHWFHVAQK72TMH265 | Long             | DBT              | CORP              | US        |   7815000 | PA      | $7899898.02   | 0.06%             | 2028-06-30      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Plains All American Pipeline LP                                 | Plains All American Pipeline LP                                                  | CUSIP: 72650XBA6<br>LEI: 5521FA2ITF25TVH63740 | Long             | STIV             | CORP              | US        |  29680000 | PA      | $29645669.14  | 0.24%             | 2026-02-10      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Northwestern Mutual Global Funding                              | Northwestern Mutual Global Funding                                               | CUSIP: 66815L2Y4<br>LEI: 635400LZXFVELZDVP257 | Long             | DBT              | CORP              | US        |  26580000 | PA      | $26655491.98  | 0.21%             | 2028-08-25      | Floating      | 4.35%                 | No            |                  2 | On Loan: No      |
| Honda Auto Receivables Owner Trust                              | Honda Auto Receivables Owner Trust, Series 2024-4, Class A2                      | CUSIP: 43816DAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2319616 | PA      | $2321444.30   | 0.02%             | 2027-03-15      | Fixed         | 4.56%                 | No            |                  2 | On Loan: No      |
| Eversource Energy                                               | Eversource Energy                                                                | CUSIP: 30040WAV0<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |  33260000 | PA      | $33334137.54  | 0.27%             | 2026-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Mizuho Markets Cayman LP                                        | Mizuho Markets Cayman LP                                                         | CUSIP: 60700JDE2<br>LEI: 549300KHUXLS6Q30KT26 | Long             | DBT              | CORP              | KY        |  27200000 | PA      | $27210763.04  | 0.22%             | 2026-05-01      | Floating      | 4.16%                 | No            |                  2 | On Loan: No      |
| Capital One Prime Auto Receivables Trust                        | Capital One Prime Auto Receivables Trust, Series 2022-1, Class A3                | CUSIP: 14043QAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    226418 | PA      | $226345.93    | 0.00%             | 2027-04-15      | Fixed         | 3.17%                 | No            |                  2 | On Loan: No      |
| Chevron USA, Inc.                                               | Chevron USA, Inc.                                                                | CUSIP: 166756BM7<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |  22140000 | PA      | $22303971.72  | 0.18%             | 2028-08-13      | Floating      | 4.24%                 | No            |                  2 | On Loan: No      |
| American Express Co.                                            | American Express Co.                                                             | CUSIP: 025816DJ5<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |  15063000 | PA      | $15105269.79  | 0.12%             | 2027-07-28      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                         | BPCE SA                                                                          | CUSIP: 05571AAR6<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |   3863000 | PA      | $4095110.48   | 0.03%             | 2029-10-19      | Fixed         | 6.71%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                           | Bank of America Corp.                                                            | CUSIP: 06051GMU0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  27300000 | PA      | $27557981.72  | 0.22%             | 2029-05-09      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                         | BPCE SA                                                                          | CUSIP: 05583JAC6<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |   7876000 | PA      | $7800538.15   | 0.06%             | 2027-10-23      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Marriott International, Inc.                                    | Marriott International, Inc., Series X                                           | CUSIP: 571903AY9<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |  13174000 | PA      | $13166970.49  | 0.10%             | 2028-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CaixaBank SA                                                    | CaixaBank SA                                                                     | CUSIP: 12803RAA2<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |  44427000 | PA      | $46142576.59  | 0.37%             | 2029-01-18      | Fixed         | 6.21%                 | No            |                  2 | On Loan: No      |
| PayPal Holdings, Inc.                                           | PayPal Holdings, Inc.                                                            | CUSIP: 70450YAR4<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |  22690000 | PA      | $22765505.29  | 0.18%             | 2028-03-06      | Floating      | 4.35%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                                 | Goldman Sachs Group, Inc. (The)                                                  | CUSIP: 38141GD50<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |  30490000 | PA      | $30574507.00  | 0.24%             | 2029-10-21      | Floating      | 4.58%                 | No            |                  2 | On Loan: No      |
| Protective Life Global Funding                                  | Protective Life Global Funding                                                   | CUSIP: 74368CCD4<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |  30500000 | PA      | $30511046.80  | 0.24%             | 2029-01-15      | Fixed         | 4.16%                 | No            |                  2 | On Loan: No      |
| Citibank NA                                                     | Citibank NA                                                                      | CUSIP: 17325FBL1<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |  33962000 | PA      | $34204984.19  | 0.27%             | 2027-11-19      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Extra Space Storage LP                                          | Extra Space Storage LP                                                           | CUSIP: 30227QBS4<br>LEI: 549300YNKSKNZFR8UC42 | Long             | STIV             | CORP              | US        |  20725000 | PA      | $20664976.26  | 0.16%             | 2026-02-26      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Nissan Auto Receivables Owner Trust                             | Nissan Auto Receivables Owner Trust, Series 2022-B, Class A3                     | CUSIP: 65480JAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1384767 | PA      | $1386116.54   | 0.01%             | 2027-05-17      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| Air Lease Corp.                                                 | Air Lease Corp.                                                                  | CUSIP: 00914AAW2<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |  36850000 | PA      | $37023612.51  | 0.29%             | 2026-06-25      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Target Corp.                                                    | Target Corp.                                                                     | CUSIP: 87612EBU9<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |  18850000 | PA      | $19117106.95  | 0.15%             | 2028-06-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Bank NA                                          | Morgan Stanley Bank NA                                                           | CUSIP: 61690U8D5<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |  37728000 | PA      | $38000880.96  | 0.30%             | 2028-07-14      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| Daimler Truck Finance North America LLC                         | Daimler Truck Finance North America LLC                                          | CUSIP: 233853AV2<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |  15725000 | PA      | $15903895.78  | 0.13%             | 2027-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust       | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAW5<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   7921000 | PA      | $7686003.89   | 0.06%             | 2028-10-29      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                           | Bank of America Corp.                                                            | CUSIP: 06051GFL8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   8735000 | PA      | $8756305.80   | 0.07%             | 2026-10-22      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Marriott International, Inc.                                    | Marriott International, Inc.                                                     | CUSIP: 571903BV4<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |  24299000 | PA      | $24387796.08  | 0.19%             | 2027-07-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Toyota Auto Receivables Owner Trust                             | Toyota Auto Receivables Owner Trust, Series 2026-A, Class A2A                    | CUSIP: 89240KAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  25153000 | PA      | $25170265.02  | 0.20%             | 2028-12-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co., Inc.                              | General Motors Financial Co., Inc.                                               | CUSIP: 37046UGH8<br>LEI: 5493008B6JBRUJ90QL97 | Long             | STIV             | CORP              | US        |   9020000 | PA      | $8852216.27   | 0.07%             | 2026-07-17      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| AvalonBay Communities, Inc.                                     | AvalonBay Communities, Inc.                                                      | CUSIP: 05348BBA2<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | STIV             | CORP              | US        |  29130000 | PA      | $29096115.98  | 0.23%             | 2026-02-10      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                               | Enterprise Products Operating LLC                                                | CUSIP: 29379VCJ0<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |  10893000 | PA      | $10989393.90  | 0.09%             | 2028-06-20      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Volkswagen Auto Loan Enhanced Trust                             | Volkswagen Auto Loan Enhanced Trust, Series 2025-2, Class A2B                    | CUSIP: 92869QAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  24148000 | PA      | $24176876.18  | 0.19%             | 2028-08-21      | Floating      | 4.07%                 | No            |                  2 | On Loan: No      |
| Nordea Bank Abp                                                 | Nordea Bank Abp                                                                  | CUSIP: 65558RAF6<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |  14242000 | PA      | $14298085.00  | 0.11%             | 2027-03-19      | Floating      | 4.41%                 | No            |                  2 | On Loan: No      |
| ABN AMRO Bank NV                                                | ABN AMRO Bank NV                                                                 | CUSIP: 00084DBB5<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |   9300000 | PA      | $9377380.00   | 0.07%             | 2027-09-18      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| AT&T, Inc.                                                      | AT&T, Inc.                                                                       | CUSIP: 00206RDQ2<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |  37606000 | PA      | $37722109.28  | 0.30%             | 2027-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                              | Canadian Imperial Bank of Commerce                                               | CUSIP: 13607LWT6<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |  31583000 | PA      | $32022826.44  | 0.25%             | 2026-10-02      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| Northwestern Mutual Global Funding                              | Northwestern Mutual Global Funding                                               | CUSIP: 66815L2R9<br>LEI: 635400LZXFVELZDVP257 | Long             | DBT              | CORP              | US        |  14344000 | PA      | $14536958.21  | 0.12%             | 2027-03-25      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp.                                                | CVS Health Corp.                                                                 | CUSIP: 126650DF4<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |  40000000 | PA      | $39786211.60  | 0.32%             | 2026-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Lowe's Cos., Inc.                                               | Lowe's Cos., Inc.                                                                | CUSIP: 548661ET0<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |  24226000 | PA      | $24294811.29  | 0.19%             | 2027-10-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| MassMutual Global Funding II                                    | MassMutual Global Funding II                                                     | CUSIP: 57629TBS5<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |  33620000 | PA      | $33798655.67  | 0.27%             | 2027-04-09      | Floating      | 4.40%                 | No            |                  2 | On Loan: No      |
| Truist Bank                                                     | Truist Bank                                                                      | CUSIP: 89788JAE9<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |  45853000 | PA      | $45930533.30  | 0.37%             | 2027-05-20      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group plc                                        | Lloyds Banking Group plc                                                         | CUSIP: 53944YAZ6<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |  30443000 | PA      | $30842224.02  | 0.25%             | 2028-01-05      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| Nordea Bank Abp                                                 | Nordea Bank Abp                                                                  | CUSIP: 65558RAM1<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |  22760000 | PA      | $22883492.80  | 0.18%             | 2028-03-17      | Floating      | 4.37%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                                  | BNP Paribas SA                                                                   | CUSIP: 09659W2C7<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |  53803000 | PA      | $53278447.11  | 0.42%             | 2027-11-16      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Australia & New Zealand Banking Group Ltd.                      | Australia & New Zealand Banking Group Ltd.                                       | CUSIP: 05252ADV0<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |  10430000 | PA      | $10465323.49  | 0.08%             | 2028-12-08      | Floating      | 4.27%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                         | BPCE SA                                                                          | CUSIP: 05571AAQ8<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |  28110000 | PA      | $28606824.57  | 0.23%             | 2027-10-19      | Fixed         | 6.61%                 | No            |                  2 | On Loan: No      |
| Credit Agricole SA                                              | Credit Agricole SA                                                               | CUSIP: 22535WAL1<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |  16000000 | PA      | $16124570.24  | 0.13%             | 2028-09-11      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Volkswagen Auto Loan Enhanced Trust                             | Volkswagen Auto Loan Enhanced Trust, Series 2023-1, Class A3                     | CUSIP: 92867WAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3517649 | PA      | $3538134.10   | 0.03%             | 2028-06-20      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| Metropolitan Life Global Funding I                              | Metropolitan Life Global Funding I                                               | CUSIP: 592179KR5<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |  17750000 | PA      | $17840064.57  | 0.14%             | 2028-08-25      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA                                        | Cooperatieve Rabobank UA                                                         | CUSIP: 21684AAF3<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |  43023000 | PA      | $42962511.38  | 0.34%             | 2026-07-21      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia (The)                                       | Bank of Nova Scotia (The), Series I                                              | CUSIP: 06418GAT4<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |  26540000 | PA      | $26567991.21  | 0.21%             | 2028-09-15      | Floating      | 4.44%                 | No            |                  2 | On Loan: No      |
| Credit Agricole SA                                              | Credit Agricole SA                                                               | CUSIP: 22535WAL1<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |  31688000 | PA      | $31934711.36  | 0.25%             | 2028-09-11      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Nissan Auto Receivables Owner Trust                             | Nissan Auto Receivables Owner Trust, Series 2025-A, Class A2B                    | CUSIP: 65481GAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  18632773 | PA      | $18653768.79  | 0.15%             | 2028-02-15      | Floating      | 4.16%                 | No            |                  2 | On Loan: No      |
| CaixaBank SA                                                    | CaixaBank SA                                                                     | CUSIP: 12803RAB0<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |  59860000 | PA      | $60805576.69  | 0.48%             | 2027-09-13      | Fixed         | 6.68%                 | No            |                  2 | On Loan: No      |
| ABN AMRO Bank NV                                                | ABN AMRO Bank NV                                                                 | CUSIP: 00084DBA7<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |  44220000 | PA      | $44836337.92  | 0.36%             | 2027-09-18      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| National Bank of Canada                                         | National Bank of Canada                                                          | CUSIP: 63307A3G8<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |  27300000 | PA      | $27316635.53  | 0.22%             | 2027-03-05      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                                    | ING Groep NV                                                                     | CUSIP: 456837BJ1<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |  41064000 | PA      | $41348373.13  | 0.33%             | 2027-09-11      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| Targa Resources Corp.                                           | Targa Resources Corp.                                                            | CUSIP: 87613LB65<br>LEI: 5493003QENHHS261UR94 | Long             | STIV             | CORP              | US        |  32330000 | PA      | $32305733.10  | 0.26%             | 2026-02-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                              | Canadian Imperial Bank of Commerce                                               | CUSIP: 13607PHU1<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |  37442000 | PA      | $37555623.37  | 0.30%             | 2027-09-11      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| Australia & New Zealand Banking Group Ltd.                      | Australia & New Zealand Banking Group Ltd.                                       | CUSIP: 05252ADS7<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |  28125000 | PA      | $28255972.78  | 0.22%             | 2028-06-18      | Floating      | 4.29%                 | No            |                  2 | On Loan: No      |
| Honda Auto Receivables Owner Trust                              | Honda Auto Receivables Owner Trust, Series 2025-4, Class A2A                     | CUSIP: 43814XAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  50983000 | PA      | $51121449.43  | 0.41%             | 2028-06-15      | Fixed         | 4.04%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                                  | BNP Paribas SA                                                                   | CUSIP: 09659W3B8<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |  44985000 | PA      | $45466219.84  | 0.36%             | 2029-05-09      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| Amphenol Corp.                                                  | Amphenol Corp.                                                                   | CUSIP: 032095AV3<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |   6110000 | PA      | $6126544.60   | 0.05%             | 2027-11-15      | Floating      | 4.22%                 | No            |                  2 | On Loan: No      |
| Pacific Life Global Funding II                                  | Pacific Life Global Funding II                                                   | CUSIP: 6944PL3A5<br>LEI: 6354003EUPCHXTWUU869 | Long             | DBT              | CORP              | US        |   2634000 | PA      | $2647009.19   | 0.02%             | 2027-02-05      | Floating      | 4.53%                 | No            |                  2 | On Loan: No      |
| Caterpillar Financial Services Corp.                            | Caterpillar Financial Services Corp.                                             | CUSIP: 14913UAP5<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |  14073000 | PA      | $14127627.59  | 0.11%             | 2026-10-16      | Floating      | 4.35%                 | No            |                  2 | On Loan: No      |
| Conagra Brands, Inc.                                            | Conagra Brands, Inc.                                                             | CUSIP: 20600HB29<br>LEI: 54930035UDEIH090K650 | Long             | STIV             | CORP              | US        |  70615000 | PA      | $70591887.71  | 0.56%             | 2026-02-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Fifth Third Bank NA                                             | Fifth Third Bank NA                                                              | CUSIP: 31677QBV0<br>LEI: QFROUN1UWUYU0DVIWD51 | Long             | DBT              | CORP              | US        |  20900000 | PA      | $20944903.65  | 0.17%             | 2028-01-28      | Floating      | 4.46%                 | No            |                  2 | On Loan: No      |
| Synopsys, Inc.                                                  | Synopsys, Inc.                                                                   | CUSIP: 871607AA5<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |   6350000 | PA      | $6396531.59   | 0.05%             | 2027-04-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Bayer Corp.                                                     | Bayer Corp.                                                                      | CUSIP: 07273MM94<br>LEI: 54930050NR9YMICYZM28 | Long             | STIV             | CORP              | US        |  25140000 | PA      | $24319136.26  | 0.19%             | 2026-12-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| UBS AG                                                          | UBS AG                                                                           | CUSIP: 90261AAD4<br>LEI: 254900R882POXXVAK772 | Long             | DBT              | CORP              | CH        |  17235000 | PA      | $17388308.60  | 0.14%             | 2028-01-10      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| Honda Auto Receivables Owner Trust                              | Honda Auto Receivables Owner Trust, Series 2023-1, Class A3                      | CUSIP: 43815JAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1473250 | PA      | $1476243.74   | 0.01%             | 2027-04-21      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| Air Lease Corp.                                                 | Air Lease Corp.                                                                  | CUSIP: 00913XB28<br>LEI: 5493004NW4M4P8TMMK63 | Long             | STIV             | CORP              | US        |  25170000 | PA      | $25161628.46  | 0.20%             | 2026-02-02      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Siemens Funding BV                                              | Siemens Funding BV                                                               | CUSIP: 82622RAB2<br>LEI: 213800CCRGH2TO338X64 | Long             | DBT              | CORP              | NL        |  13320000 | PA      | $13392489.70  | 0.11%             | 2028-05-26      | Floating      | 4.32%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                            | JPMorgan Chase & Co.                                                             | CUSIP: 46647PEP7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  35384000 | PA      | $35722493.61  | 0.28%             | 2028-10-22      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                            | JPMorgan Chase & Co.                                                             | CUSIP: 46647PEN2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  25379000 | PA      | $25486139.48  | 0.20%             | 2028-10-22      | Floating      | 4.51%                 | No            |                  2 | On Loan: No      |
| Banque Federative du Credit Mutuel SA                           | Banque Federative du Credit Mutuel SA                                            | CUSIP: 06675DCL4<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |  43971000 | PA      | $44269567.05  | 0.35%             | 2028-02-16      | Floating      | 4.76%                 | No            |                  2 | On Loan: No      |
| Lowe's Cos., Inc.                                               | Lowe's Cos., Inc.                                                                | CUSIP: 548661EU7<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |  30403000 | PA      | $30445395.46  | 0.24%             | 2028-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Capital One Prime Auto Receivables Trust                        | Capital One Prime Auto Receivables Trust, Series 2023-1, Class A3                | CUSIP: 14043KAH8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3302951 | PA      | $3315638.88   | 0.03%             | 2028-02-15      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| Station Place Securitization Trust                              | Station Place Securitization Trust, Series 2025-1, Class A                       | CUSIP: 85772UAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  37853000 | PA      | $38315071.57  | 0.30%             | 2026-07-23      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| Bank of America NA                                              | Bank of America NA                                                               | CUSIP: 06428CAA2<br>LEI: B4TYDEB6GKMZO031MB27 | Long             | DBT              | CORP              | US        |  11626000 | PA      | $11717595.44  | 0.09%             | 2026-08-18      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                               | Wells Fargo & Co.                                                                | CUSIP: 95000U3S0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |  39394000 | PA      | $39505756.84  | 0.31%             | 2028-01-24      | Floating      | 4.44%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp.                                                | CVS Health Corp.                                                                 | CUSIP: 126650DS6<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |  11793602 | PA      | $11796280.80  | 0.09%             | 2026-02-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Truist Bank                                                     | Truist Bank                                                                      | CUSIP: 89788JAG4<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |  33354000 | PA      | $33467216.82  | 0.27%             | 2028-07-24      | Floating      | 4.43%                 | No            |                  2 | On Loan: No      |
| Amphenol Corp.                                                  | Amphenol Corp.                                                                   | CUSIP: 032095AT8<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |  31515000 | PA      | $31854275.05  | 0.25%             | 2028-06-12      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                                  | BNP Paribas SA                                                                   | CUSIP: 09659W2V5<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |  13800000 | PA      | $14054838.94  | 0.11%             | 2029-01-13      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Volkswagen Group of America Finance LLC                         | Volkswagen Group of America Finance LLC                                          | CUSIP: 928668CV2<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |  19210000 | PA      | $19278224.89  | 0.15%             | 2027-09-11      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Westpac Banking Corp.                                           | Westpac Banking Corp.                                                            | CUSIP: 961214FX6<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |     65000 | PA      | $65129.12     | 0.00%             | 2026-10-20      | Floating      | 4.12%                 | No            |                  2 | On Loan: No      |
| National Australia Bank Ltd.                                    | National Australia Bank Ltd.                                                     | CUSIP: 632525CG4<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | DBT              | CORP              | AU        |  13000000 | PA      | $13022145.11  | 0.10%             | 2028-03-06      | Floating      | 4.18%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp.                                               | Duke Energy Corp.                                                                | CUSIP: 26441CCB9<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |  23835000 | PA      | $24063763.80  | 0.19%             | 2027-01-05      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The)                                     | Toronto-Dominion Bank (The)                                                      | CUSIP: 89115A2S0<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |  19115000 | PA      | $19261558.15  | 0.15%             | 2026-07-17      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust       | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MBN4<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |  34746000 | PA      | $35314752.76  | 0.28%             | 2028-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Southern Co. Gas Capital Corp.                                  | Southern Co. Gas Capital Corp., Series A                                         | CUSIP: 8426EPAJ7<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |   5710000 | PA      | $5716543.95   | 0.05%             | 2028-09-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust                                    | Ford Credit Auto Owner Trust, Series 2025-B, Class A2B                           | CUSIP: 34532BAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  22783000 | PA      | $22791648.43  | 0.18%             | 2028-06-15      | Floating      | 4.01%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The)                                     | Toronto-Dominion Bank (The)                                                      | CUSIP: 89115A2V3<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   5030000 | PA      | $5092359.83   | 0.04%             | 2026-12-11      | Fixed         | 5.26%                 | No            |                  2 | On Loan: No      |
| Banco Santander SA                                              | Banco Santander SA                                                               | CUSIP: 05964HBE4<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |  37800000 | PA      | $38027500.43  | 0.30%             | 2028-07-15      | Floating      | 4.78%                 | No            |                  2 | On Loan: No      |
| FNMA                                                            | FNMA, Series 2010-81, Class AP                                                   | CUSIP: 31398TH53<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      8405 | PA      | $8120.88      | 0.00%             | 2040-07-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Realty Income Corp.                                             | Realty Income Corp.                                                              | CUSIP: 756109AZ7<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |  24297000 | PA      | $24209694.32  | 0.19%             | 2026-03-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust                                  | Hyundai Auto Receivables Trust, Series 2024-C, Class A2B                         | CUSIP: 448976AC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3140400 | PA      | $3141661.03   | 0.02%             | 2027-09-15      | Floating      | 4.11%                 | No            |                  2 | On Loan: No      |
| Station Place Securitization Trust                              | Station Place Securitization Trust, Series 2025-7, Class A                       | CUSIP: 85779XAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  41468000 | PA      | $41570343.02  | 0.33%             | 2026-11-24      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| Boeing Co. (The)                                                | Boeing Co. (The)                                                                 | CUSIP: 097023CH6<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |  33572000 | PA      | $33492694.21  | 0.27%             | 2026-05-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| WEC Energy Group, Inc.                                          | WEC Energy Group, Inc.                                                           | CUSIP: 92939UAM8<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |  13357000 | PA      | $13474115.24  | 0.11%             | 2026-09-12      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                    | UBS Group AG                                                                     | CUSIP: 225401AF5<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |  11373000 | PA      | $11318437.69  | 0.09%             | 2029-01-12      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                              | Canadian Imperial Bank of Commerce                                               | CUSIP: 13607PJ21<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |  36270000 | PA      | $36488124.88  | 0.29%             | 2029-03-30      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                                | Deutsche Bank AG                                                                 | CUSIP: 25160PAN7<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    500000 | PA      | $506818.13    | 0.00%             | 2027-07-13      | Fixed         | 7.15%                 | No            |                  2 | On Loan: No      |
| FNMA                                                            | FNMA, Series 2011-60, Class PA                                                   | CUSIP: 31397U3J6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2861 | PA      | $2708.28      | 0.00%             | 2039-10-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust       | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAW5<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |  36977000 | PA      | $35879985.59  | 0.29%             | 2028-10-29      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                           | FHLMC STACR REMIC Trust, Series 2025-DNA3, Class A1                              | CUSIP: 35564UAQ0<br>LEI: 5299009HC4IGFM6RXF30 | Long             | ABS-MBS          | CORP              | US        |  11998600 | PA      | $12019958.71  | 0.10%             | 2045-09-25      | Floating      | 4.65%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The)                                     | Toronto-Dominion Bank (The), Series F                                            | CUSIP: 89115KAL4<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |  22285000 | PA      | $22321761.56  | 0.18%             | 2028-01-13      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| Boeing Co. (The)                                                | Boeing Co. (The)                                                                 | CUSIP: 097023BR5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |  16003000 | PA      | $15892446.00  | 0.13%             | 2026-06-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Arroyo Mortgage Trust                                           | Arroyo Mortgage Trust, Series 2019-3, Class A1                                   | CUSIP: 04285AAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2540419 | PA      | $2451507.18   | 0.02%             | 2048-10-25      | Variable      | 2.96%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                               | Wells Fargo & Co.                                                                | CUSIP: 95000U3M3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |  29439000 | PA      | $29604675.63  | 0.24%             | 2028-04-22      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| Corebridge Global Funding                                       | Corebridge Global Funding                                                        | CUSIP: 00138CAW8<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |  42912000 | PA      | $43196244.37  | 0.34%             | 2026-09-25      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The)                                     | Toronto-Dominion Bank (The)                                                      | CUSIP: 89115KAF7<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |  35041000 | PA      | $35136454.84  | 0.28%             | 2028-10-13      | Floating      | 4.42%                 | No            |                  2 | On Loan: No      |
| Mid-America Apartments LP                                       | Mid-America Apartments LP                                                        | CUSIP: 59524PBK2<br>LEI: 549300FXWGE3QSYCUJ38 | Long             | STIV             | CORP              | US        |  20520000 | PA      | $20476421.68  | 0.16%             | 2026-02-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                           | Athene Global Funding                                                            | CUSIP: 04685A4A6<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |  28083000 | PA      | $28219603.01  | 0.22%             | 2026-08-27      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| Boston Properties LP                                            | Boston Properties LP                                                             | CUSIP: 10113CBB1<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | STIV             | CORP              | US        |   8930000 | PA      | $8918483.87   | 0.07%             | 2026-02-11      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group, Inc.                           | Sumitomo Mitsui Financial Group, Inc.                                            | CUSIP: 86562MCH1<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |  15987000 | PA      | $15754456.62  | 0.13%             | 2026-09-17      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                         | Hyundai Capital America                                                          | CUSIP: 44891ABZ9<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |  13546000 | PA      | $13358031.50  | 0.11%             | 2026-09-17      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Kenvue, Inc.                                                    | Kenvue, Inc.                                                                     | CUSIP: 49177JAD4<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | DBT              | CORP              | US        |  18000000 | PA      | $18011920.32  | 0.14%             | 2026-03-22      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Skandinaviska Enskilda Banken AB                                | Skandinaviska Enskilda Banken AB                                                 | CUSIP: 830505BA0<br>LEI: F3JS33DEI6XQ4ZBPTN86 | Long             | DBT              | CORP              | SE        |   4860000 | PA      | $4888347.94   | 0.04%             | 2027-03-05      | Floating      | 4.56%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Banking Corp.                                   | Sumitomo Mitsui Banking Corp.                                                    | CUSIP: 86564KCU4<br>LEI: 5U0XI89JRFVHWIBS4F54 | Long             | STIV             | CORP              | JP        |  35650000 | PA      | $35652871.61  | 0.28%             | 2026-12-11      | Floating      | 4.05%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                    | UBS Group AG                                                                     | CUSIP: 225401AT5<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    823000 | PA      | $823000.00    | 0.01%             | 2027-02-02      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                         | Hyundai Capital America                                                          | CUSIP: 44891ACZ8<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |  30094000 | PA      | $30214865.33  | 0.24%             | 2027-03-19      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| Svenska Handelsbanken AB                                        | Svenska Handelsbanken AB                                                         | CUSIP: 86959LAT0<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | DBT              | CORP              | SE        |  31545000 | PA      | $31727498.23  | 0.25%             | 2028-05-23      | Floating      | 4.43%                 | No            |                  2 | On Loan: No      |
| DTE Energy Co.                                                  | DTE Energy Co.                                                                   | CUSIP: 233331BJ5<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |  11905000 | PA      | $12111677.35  | 0.10%             | 2028-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co., Inc.                              | General Motors Financial Co., Inc.                                               | CUSIP: 37046UC66<br>LEI: 5493008B6JBRUJ90QL97 | Long             | STIV             | CORP              | US        |   9045000 | PA      | $9010836.13   | 0.07%             | 2026-03-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Danske Bank A/S                                                 | Danske Bank A/S                                                                  | CUSIP: 23636ABC4<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |  44240000 | PA      | $44376418.91  | 0.35%             | 2028-04-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                                    | ING Groep NV                                                                     | CUSIP: 456837AH6<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |   5000000 | PA      | $5003852.00   | 0.04%             | 2027-03-29      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| National Australia Bank Ltd.                                    | National Australia Bank Ltd.                                                     | CUSIP: 632525BW0<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | DBT              | CORP              | AU        |  22921000 | PA      | $23031132.65  | 0.18%             | 2027-10-26      | Floating      | 4.26%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp. (The)                             | Bank of New York Mellon Corp. (The)                                              | CUSIP: 06406RBY2<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |   9714000 | PA      | $9769311.32   | 0.08%             | 2028-07-21      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                                  | BNP Paribas SA                                                                   | CUSIP: 09659W2F0<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   5735000 | PA      | $5764167.58   | 0.05%             | 2028-08-14      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The)                                     | Toronto-Dominion Bank (The)                                                      | CUSIP: 89115A3B6<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |  32380000 | PA      | $32481174.55  | 0.26%             | 2026-12-17      | Floating      | 4.29%                 | No            |                  2 | On Loan: No      |
| American Express Co.                                            | American Express Co.                                                             | CUSIP: 025816EE5<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |  25343000 | PA      | $25672763.12  | 0.20%             | 2029-04-25      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| BAT Capital Corp.                                               | BAT Capital Corp.                                                                | CUSIP: 05526DBJ3<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |  21935000 | PA      | $21848448.00  | 0.17%             | 2026-09-06      | Fixed         | 3.21%                 | No            |                  2 | On Loan: No      |
| Boeing Co. (The)                                                | Boeing Co. (The)                                                                 | CUSIP: 097023CM5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |  19741000 | PA      | $19508384.89  | 0.16%             | 2027-02-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| US Bank NA                                                      | US Bank NA                                                                       | CUSIP: 90331HPS6<br>LEI: 6BYL5QZYBDK8S7L73M02 | Long             | DBT              | CORP              | US        |  27850000 | PA      | $28122886.83  | 0.22%             | 2028-05-15      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| Capital One Prime Auto Receivables Trust                        | Capital One Prime Auto Receivables Trust, Series 2024-1, Class A2A               | CUSIP: 14043NAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2627050 | PA      | $2630158.38   | 0.02%             | 2027-10-15      | Fixed         | 4.61%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group plc                                        | Lloyds Banking Group plc                                                         | CUSIP: 539439BD0<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |  13085000 | PA      | $13300959.03  | 0.11%             | 2029-06-13      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| State Street Corp.                                              | State Street Corp.                                                               | CUSIP: 857477CZ4<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |  13530000 | PA      | $13613143.47  | 0.11%             | 2028-04-24      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| AES Corp. (The)                                                 | AES Corp. (The)                                                                  | CUSIP: 00809KB23<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | STIV             | CORP              | US        |  55330000 | PA      | $55311801.96  | 0.44%             | 2026-02-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Netflix, Inc.                                                   | Netflix, Inc.                                                                    | CUSIP: 64110LAT3<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |  14540000 | PA      | $15254555.65  | 0.12%             | 2028-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| AT&T, Inc.                                                      | AT&T, Inc.                                                                       | CUSIP: 00206RHW5<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |  23776000 | PA      | $23745236.47  | 0.19%             | 2027-02-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| AvalonBay Communities, Inc.                                     | AvalonBay Communities, Inc.                                                      | CUSIP: 05348BB20<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | STIV             | CORP              | US        |  35015000 | PA      | $35003977.28  | 0.28%             | 2026-02-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York Life Global Funding                                    | New York Life Global Funding                                                     | CUSIP: 64953BBV9<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |  22555000 | PA      | $22767545.91  | 0.18%             | 2028-04-25      | Floating      | 4.54%                 | No            |                  2 | On Loan: No      |
| Rio Tinto Finance USA plc                                       | Rio Tinto Finance USA plc                                                        | CUSIP: 76720AAY2<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |  13620000 | PA      | $13735428.82  | 0.11%             | 2028-03-14      | Floating      | 4.52%                 | No            |                  2 | On Loan: No      |
| US Bank NA                                                      | US Bank NA                                                                       | CUSIP: 90331HPT4<br>LEI: 6BYL5QZYBDK8S7L73M02 | Long             | DBT              | CORP              | US        |  22440000 | PA      | $22557332.70  | 0.18%             | 2028-05-15      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| Mars, Inc.                                                      | Mars, Inc.                                                                       | CUSIP: 571676AW5<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |  31738000 | PA      | $31976841.78  | 0.25%             | 2027-03-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Nationwide Building Society                                     | Nationwide Building Society                                                      | CUSIP: 63861VAG2<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |  20110000 | PA      | $20276133.34  | 0.16%             | 2028-02-16      | Floating      | 4.98%                 | No            |                  2 | On Loan: No      |
| Huntington National Bank (The)                                  | Huntington National Bank (The)                                                   | CUSIP: 44644MAK7<br>LEI: 2WHM8VNJH63UN14OL754 | Long             | DBT              | CORP              | US        |  11275000 | PA      | $11374863.80  | 0.09%             | 2028-04-12      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| Truist Financial Corp.                                          | Truist Financial Corp.                                                           | CUSIP: 89788MAN2<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |  29472000 | PA      | $29676752.59  | 0.24%             | 2027-06-08      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Mizuho Markets Cayman LP                                        | Mizuho Markets Cayman LP                                                         | CUSIP: 60700JFW0<br>LEI: 549300KHUXLS6Q30KT26 | Long             | DBT              | CORP              | KY        |  36585000 | PA      | $36639288.12  | 0.29%             | 2026-11-16      | Floating      | 4.18%                 | No            |                  2 | On Loan: No      |
| Brown & Brown, Inc.                                             | Brown & Brown, Inc.                                                              | CUSIP: 115236AH4<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |  26610000 | PA      | $26771878.21  | 0.21%             | 2026-12-23      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                            | Glencore Funding LLC                                                             | CUSIP: 378272BX5<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |  18325000 | PA      | $18364248.67  | 0.15%             | 2026-10-01      | Floating      | 4.40%                 | No            |                  2 | On Loan: No      |
| FNMA                                                            | FNMA, Series 2010-90, Class GF                                                   | CUSIP: 31398TXE6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    136188 | PA      | $135714.88    | 0.00%             | 2040-08-25      | Floating      | 4.31%                 | No            |                  2 | On Loan: No      |
| AutoNation, Inc.                                                | AutoNation, Inc.                                                                 | CUSIP: 05330NB24<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |  71400000 | PA      | $71376081.00  | 0.57%             | 2026-02-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The)                                     | Toronto-Dominion Bank (The)                                                      | CUSIP: 89115A3F7<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |  34032000 | PA      | $34224631.33  | 0.27%             | 2028-01-31      | Floating      | 4.47%                 | No            |                  2 | On Loan: No      |
| Marriott International, Inc.                                    | Marriott International, Inc., Series R                                           | CUSIP: 571903AS2<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |  15266000 | PA      | $15222598.46  | 0.12%             | 2026-06-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Swedbank AB                                                     | Swedbank AB                                                                      | CUSIP: 87020PAX5<br>LEI: M312WZV08Y7LYUC71685 | Long             | DBT              | CORP              | SE        |  26255000 | PA      | $26601954.57  | 0.21%             | 2026-09-12      | Fixed         | 6.14%                 | No            |                  2 | On Loan: No      |
| National Australia Bank Ltd.                                    | National Australia Bank Ltd.                                                     | CUSIP: 632525CQ2<br>LEI: 549300E2IPL06NDXMZ63 | Long             | DBT              | CORP              | AU        |  26045000 | PA      | $26060510.06  | 0.21%             | 2028-12-13      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| NatWest Group plc                                               | NatWest Group plc                                                                | CUSIP: 639057AM0<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |  44560000 | PA      | $44707439.24  | 0.36%             | 2028-03-01      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| Australia & New Zealand Banking Group Ltd.                      | Australia & New Zealand Banking Group Ltd.                                       | CUSIP: 05252ADM0<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |  29090000 | PA      | $29209956.40  | 0.23%             | 2027-09-30      | Floating      | 4.32%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-02

**Name of Applicant:** Putnam Funds Trust

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer